Fundamentals of Taxation
September 2023 Examination
QUESTION 1
Mr. Rama has a Net Salary (after adjustment of deductions and allowances) of Rs. 25, 00,000 for P.Y.2021-22. Compute his tax liability for A.Y.2023- 24 assuming his age is –
(a) 28 years
(b) 65 years
(c) 83 years (10 marks)
Assume that Mr. Rama has not opted for the provisions of section 115BAC
Ans :
Introduction:
Tax liability calculation is a vital financial planning issue for people in India. The Income Tax Act governs the taxation gadget in the country and gives exclusive tax slabs and prices based on an individual’s age. In this state of affairs, we can calculate the tax liability for Mr. Rama for the assessment year 2023-24, considering one-of-a-kind age brackets. We can expect that Mr. Rama has but to choose the provisions of section 115BAC.
Understanding tax liability is critical because it allows people to estimate their tax obligations and make informed financial choices. Analyzing the relevant tax slabs and fees lets one
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QUESTION 2
David Warner, an Australian player visits India for 95 days in every financial year. This has been his practice for the past 15 financial years.
(a) Find out residential status of David Warner for the assessment year 2023-24.
(b) Would your answer change if the above facts relate to Ish Sodhi, an Indian Origin who resides in New Zealand and represents the New Zealand cricket team?
(c) What would be your answer if David Warner had visited India for 130 days instead of 95 days every year, including P.Y.2021-22?
Ans :
(a) To decide the residential status of David Warner for the assessment year 2023-24, we want to recollect the provisions of the Indian Earnings Tax Act. The residential fame of an individual is decided based on the number of days they have spent in India all through the relevant financial year and the previous financial years.
According to the facts provided, David Warner has visited India for ninety-five days each financial yr for the past 15 years. To calculate his residential reputation for the evaluation
QUESTION 3
Reliance Ltd. allotted 4000 sweat equity shares to Dev Anand in July 2022. The shares were allotted at Rs. 800 per share as against the fair market value of Rs. 1800 per share on the date of exercise of option by the allottee viz. Dev Anand. The fair market value was computed in accordance with the method prescribed under the Act.
(i) What is the perquisite value of sweat equity shares allotted to Dev Anand?
Ans :
In the present-day company landscape, companies often seek to incentivize their personnel by supplying diverse styles of reimbursement past everyday salaries and bonuses. One such form of compensation is the allocation of sweat equity stocks, which lets personnel collect company shares at a reduced or no cost. These shares are valuable belongings and allow
(ii) In the case of subsequent sale of those shares by Dev Anand, what would be the cost of acquisition of those sweat equity shares?
Ans :
Introduction:
Sweat equity shares are a form of repayment a company gives to its personnel, directors, or other eligible people in the form of shares. These shares are allocated at a reduced fee or without spending a dime as praise for their contribution to the increase and fulfillment of the organization. In this situation, we will explore the cost of acquiring sweat fairness stocks
Business and Allied Law
September 2023 Examination
Q1. In 2009 Bitcoin took place as the first cryptocurrency ever launched. Today we count more than 12,000 different blockchains of cryptocurrency within over 300 million users around the world. In this background, explain how cryptocurrency can become tool to corruption. (10 Marks)
Ans:
Introduction
With Bitcoin being the pioneer, cryptocurrency has emerged as a modern monetary era that has gained sizeable recognition when you consider its inception in 2009. It operates on a decentralized blockchain community, ensuring transparency, safety, and immutability. Cryptocurrencies have received attention due to their ability to convert various industries, beautify financial inclusion, and provide an opportunity for traditional banking structures. But, along with their advantageous impact, cryptocurrencies have become a tool for corruption.
Corruption is a pervasive problem that undermines the integrity of governments, institutions,
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Q2. It is a settled principle that “delegated powers cannot be further delegated”. Discuss in what circumstances an agent can further delegate his / her powers further. (10 Marks)
Ans :
Introduction:
The principle of “delegated powers can’t be further delegated” is fundamental in enterprise and allied law. It establishes the overall rule that after another man or woman gives a person authority or powers, they can only bypass or delegate the one powers to a 3rd birthday party with specific authorization. This principle guarantees responsibility and forestalls the immoderate delegation of authority that can cause confusion and ability abuse. But there are positive instances where an agent can, in addition, delegate their powers. In this essay, we can explore the idea and application of this principle, as well as observe the exceptions to it.
Delegation of powers is a joint exercise in diverse enterprise transactions and legal
Q3. Mr. Krish had obtained a third party liability insurance. The latest cheque for premium payment by Mr. Krish was dishonored and before the intimation of cancellation of the insurance policy, Mr. Krish met with an accident and died.
- a) Discuss whether beneficiaries of Mr. Krish’s insurance be able to obtain compensation from insurance company. (5 Marks)
Ans :
Introduction:
Mr. Krish obtained a third-party legal responsibility coverage policy in this scenario. But his latest premium charge cheque was dishonored. Before the insurance company should inform him about the policy cancellation, Mr. Krish met with a twist of fate and tragically exceeded away. The question is whether the beneficiaries of Mr. Krish’s insurance policy can reap compensation from the insurance company. To deal with this difficulty, we will discover the
- b) Suggest insurance company – correct course of action (5 marks)
Ans :
Introduction:
Insurance is a contractual settlement between a man or woman and an insurance company in which the individual can pay everyday rates to the company in an alternative for financial safety against certain risks or events. One type of insurance that people can opt for is 1/3-party legal responsibility insurance. This form of insurance covers damages or injuries
.
Consumer Behavior
September 2023 Examination
- How has Amul expanded its basket of products in the market? What was the marketing strategy of launching these products in the Indian market and what was the target market?
Ans :
Introduction:
Amul, an iconic Indian dairy cooperative, has a wealthy history of imparting high-quality dairy merchandise to purchasers nationally. Through the years, Amul has effectively improved its basket of merchandise, catering to the evolving needs and options of the Indian market. This expansion has been accompanied by a nicely-planned advertising approach to ensure the most reach and penetration. This essay will discover how Amul has increased its product portfolio, analyze its advertising and marketing techniques, and determine the target market for those new products It is only half solved
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- A good store would increase the sale of products and change the customers perception about the product. How do the promotions help in the sale?
Ans :
Introduction:
In a modern competitive business panorama, having an excellent keep is vital for increasing sales and shaping clients’ perceptions about merchandise. A store serves because of the bodily illustration of an emblem and its services, offering a platform for businesses to interact with clients without delay. But, more than having a shop required, powerful promotions are crucial in using income and influencing customers’ perceptions. Promotions are strategic marketing activities that create cognizance, generate interest, and convince clients to purchase. This essay will explore the idea and alertness of promotions in riding income and
- Case Study
Audi’s marketing synchromesh The luxury carmaker is focusing on technology, digital platforms and below-the-line activities to drive sales.
Every carmaker has marketing principles and brand attributes that they leverage to get better connected with their customers. Think reliability and engineering for Honda, low cost of ownership and maintenance for Maruti Suzuki and sporty driving for BMW.
For Audi India, its Strategy 2025 black book includes the following: Customer-centricity, network, product, and digitalization. These operating principles started some six years ago, and could be said to largely apply to other luxury carmakers, but Audi’s strategy seems to point to pushing technology to directly connect with consumers using digital platforms and marketing to synchromesh into one seamless experience.
Balbir Dhillon, Audi India head, said he’s especially throwing his weight behind customer connection, with half the marketing budget dedicated to below-the-line activities this year. That includes organizing regular “Quattro drives” for customers across cities; get-togethers that blend experiences such as movie driven-ins for the latest James Bond film and more. Quattro is an Italian word trademarked by Audi as code for indicating that it uses all-wheel drive systems in some of its cars. There’s also a significant digital push that Audi will unveil this year, which is in the last stages of finalization.
Meanwhile, Audi offers concierge services through an ownership app called MyAudi that allows customers to avail of service that range from booking restaurants to flying overseas and renting car. Audi, Dhillon added, has also been the first brand to use augmented reality and virtual reality at the retail customers level. Audi has 29 showrooms, 41 service centers and 14 Audi Approved Plus (pre-owned car) facilities. The brand is looking to increase the latter substantially in 2022.
Audi, like Mercedes, has seen prices increase, resulting in greater profits, thanks to a supply crunch driven by a global shortage of chips. “We could sell two times what we did if it wasn’t for the chip shortage,” Dhillon added. Of the top four luxury carmakers that include market leader Mercedes-Benz, BMW and Audi, the Volkswagen-owned brand that features four rings as its logo has the smaller market share, but is also the company that came here last, in 2007.
Recent figures indicate that its sales are on an uptick after a particularly depressed 2020. Sales for the brand were: 4,594 cars in 2019, 1,639 in 2020 and 3,293 in 2021. Why did Audi see such a sharp slump in 2020? Analysts who track the sector suggested that the consumer market was aware that Audi was going to phase out BS IV cars by March 2022 and that may have led them to switch to other cars, though they were already up to regulatory standards. When Audi first entered India, it had to focus on a part-education and part heavy marketing strategy for an audience that was largely familiar with only BMW and Mercedes-Benz. To that end, it built a halo round itself by deploying celebrities and actors as brand ambassadors. Most of Bollywood drove Q5s and Q7s at one stage with Salman Khan even making it down to launch events for Andi’s sportier sedans-something he historically avoided.
Suraj Ghosh, associate director (powertrain & compliance forecasts), South Asia IHS Markit, said Audi India has smaller product portfolio and a smaller network footprint than its competitors. Increasing the degree of localization will allow it to avail of taxation benefits and be more competitive in its pricing. The company said its cars, which are assembled here, are looking to target between 80 and 85 per cent local content for the Audi A4, A6, 05 and Q7.
But that’s only part of the challenge. What’s changed for Audi in the last five years is the consumer profile. In terms of general consumers, many of its cars were owned mostly by business people and CEOs. For instance, ICICI Banks former boss Chanda Kochhar drove an A8 sedan, as did Godrej. “What has changed is that a lot of mid-level and emerging professionals are also buying Audi cars now, and while it used to be real professionals and traders that drove volumes, that’s not the case anymore,” Dhillion pointed out.
Buyers today are younger and there is a growing acceptability that it is okay to buy a luxe car. But the sensibility of ownership amongst young buyers who come from start-up backgrounds is very different, he added. “They want to buy shoes that are sustainable and made by companies that are high on ESG (environmental, social, and governance) norms, so their approach to vehicles is no different,” Audi regularly sees more queries for the electric range of cars as well as fuel efficiency norms.
Audi India has among the widest range of electric cars (five)-the e-tron 50, e-tron 55, e-tron Sportback 55, e-tron GT and RSe-tron GT. But the key volume sellers remain the Audi A4, Audi A6, Audi Q2, Audi Q5 and Audi Q8. In other words, Audi in still very much a Q-led company in terms of its volumes. Officials said 45 per cent of sales comes from the Q range. The Q7, a brand new launch for 2022, is expected to be rolled out soon.
Does that mean its electric vehicles are more of a notional offering? Dhillon clarified that it’s going to make time before the charging network is ready and prices rationalize for EV sales Cars are already taxed at around 28 per cent and, when it’s an electric car, he explained, there are duties on components and other imports, so that the company faces “a duty on a duty”, creating an additional layering that makes its EVs so expensive. For an e-tron, Dhillion said the duty is around 111 per cent. Add the cost of registration and the final price “restricts the full potential of the category”. “Even so, when the time is right, Audi’s next investment is likely to be in EVs,” Dhillon said. “Policy will change some day and it may be a long wait but Audi is committed to the cause.”
Questions
- a) What is Audis future strategy? What is the name of its digital platform and how does it plan to leverage this platform? (5 marks)
Ans :
Introduction:
Audi’s future method revolves around consumer-centricity, community, product, and digitalization. The luxurious carmaker aims to immediately hook up with clients through virtual structures and leverage technology to beautify the overall client experience. One of the vital factors of their approach is the utilization of a virtual platform referred to as “MyAudi.”
- b) What has changed in the customer profiles who own Audi. How has this demographic profile changed in recent times? (5 marks)
Ans :
Introduction:
Nowadays, the consumer profile of Audi has gone through sizable changes. Traditionally, Audi Motors had been owned by business human beings, CEOs, and individuals from affluent backgrounds. However, Audi owners’ demographic profile has shifted with a new client base which includes mid-level and emerging experts.
Digital Marketing
September 2023 Examination
- Social media has become an integral part of consumers shopping experience. Social media isn’t just a marketing option but a major component of business strategy for brands like Nike, Spotify, Starbucks, and Dove. As part of their business strategy, Nike, Spotify, Starbucks, and Dove have developed highly successful and effective social media strategies to connect and engage with their customers. What are the common social media strategies these brands have adopted to run effective social media campaigns?
Ans :
Introduction:
Social media has revolutionized the way organizations connect to their target audience. It has end up an crucial part of the purchaser purchasing enjoy, permitting manufacturers to interact, inform, and have interaction with their clients on a whole new stage. For businesses like Nike, Spotify, Starbucks, and Dove, social media is not only a advertising choice however a vital thing of their average business method. those brands have successfully leveraged social media to construct sturdy consumer relationships, increase logo awareness, and pressure sales. this text will explore the standard social media strategies these manufacturers adopt to run effective social media It is only half solved
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- Affiliate marketing is one of the most lucrative options for publishers to monetize their web content. Amazon Associates, Flipkart Affiliate, Reseller Club, BigRock Affiliate, and ClickBank are some of the best affiliate platforms programs in India. Analyze the affiliate platforms mentioned above and suggest the best practices for an effective affiliate marketing.
Ans :
Introduction:
Associate marketing has emerged as one of the most famous and profitable options for publishers to monetize their net content material. By partnering with associate systems, publishers can earn commissions by promoting products or services and driving income or lead through their associate hyperlinks. In India, numerous affiliate structures have won prominence, which include Amazon buddies, Flipkart affiliates, Reseller membership, BigRock associates, and ClickBank. This analysis will examine these affiliate systems and explore the best practices for powerful affiliate marketing.
- a) ‘Satva’ is a sustainable active wear ecofriendly brand that creates ethical and socially responsible products in India. The brand has an all-natural approach to organic cotton cultivation, free from pesticides and fertilizers. You are the content manager of ‘Satva’ and there is no budget constraint for hiring an influencer for content marketing. Who would you hire as an influencer for content marketing and your social media campaign and why?
Ans :
Satva’s Sustainable Active Wear: A Revolution in Ethical Fashion
Introduction:
Clients increasingly seek sustainable and eco-friendly alternatives across various industries in the modern world, where environmental cognizance is rising. In the fashion enterprise, one emblem is dedicated to ethical practices, social responsibility, and all-herbal materials. Welcome to Satva, a sustainable activewear logo revolutionizing how we view and experience health apparel.
- b) You are the Director of a reputed Business School in Aurangabad, Maharashtra that is organizing a higher education conclave on ‘New Education Policy 2020’ in a week’s time. The participation in conclave is through invitation and you want to invite Vice-Chancellors, Directors, and Principals of higher education institutes in Marathwada region to attend the conference. How are you going to plan and execute an effective email campaign ensuring participation by Vice-Chancellors, Directors, and Principals of higher education institutes in Marathwada?
Ans :
Subject: Invitation to the Higher Education Conclave on ‘New Education Policy 2020’
Dear [Name of Vice-Chancellor/Director/Principal],
I hope this e-mail finds you in proper fitness and high spirits. I’m asking you warmly and your esteemed institution to attend a better schooling Conclave on ‘New training policy 2020’, organized by using [Name of Business School], Aurangabad, Maharashtra. The Conclave aims to convey ideas to leaders, academicians, and directors from the Marathwada place to
Financial Management
September 2023 Examination
Q1. The Zwigato has two alternative proposals under consideration. Project Food Chain requires a capital outlay of Rs. 30,00,000 and Project Ice Cream Parlor requires Rs. 50,00,000. Both are estimated to provide a cash flow for five years: (10 Marks)
Project Food Chain Rs. 10,00,000 per year and Project Ice Cream Parlor Rs. 15,00,000 per year. The cost of capital is 12%. Show which of the two projects is preferable from the view point of
(i) Net present value method
(ii) Profitability Index
Ans 1.
Introduction
The primary financial concept of time value money states that the money you have got known is more precious than the cash you collect later. This is because you can use it now to earn more money by walking a business, shopping something at once and selling it later for extra, or quickly putting it inside the bank and making greater interest. The money received in the future is likewise less treasured because inflation erodes its buying energy. But how do you compare the value of cash now with the value of money in the future? This is where net present worth plays a crucial
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Q2. As per the latest annual report Finacle Ltd, the company has an outstanding debt of Rs. 50,00,000 and equity capital valued at Rs. 10,00,000. During that period the company has incurred
Rs. 400,000 as interest expense on its debt.
The risk-free rate of return is 5%, the market return is 12% and the company’s beta is 1.5x. Calculate WACC based on the given information and if the tax rate is 30% (10 marks)
Ans 2.
Introduction
The (WACC) weighted cost of capital may be defined as a financial ratio that measures a company’s financing prices. It weighs equity and debt proportionally to their percentage of the complete capital structure. A company’s executives use WACC in making decisions about a way to fund operations or tasks, and it facilitates investors to decide the minimum charge of return they’re willing to accept on their money.
Companies raise capital from outside assets in essential ways: selling stock or taking on debt thru
Q3. Solve the below given cases:
- At the age of 60 years, Tansen will receive Rs. 10,000,000. He is currently 55 years old. If the current interest rate is 7%, calculate the present value. (5 Marks)
Ans 3a.
Introduction
Present value (PV) is the modern value of a stream of cash flows or a future sum of money given a positive return charge. Destiny cash flows are discounted at the discount price, and the extra the discount rate, the lower the present value of the future cash flows. A suitable discount rate is essential to properly valuing future cash flows, whether income or debt obligations.
- If Rajeev invests Rs. 500,000 in a PPF that yields 9% interest, what is the future value of the PPF after five years? (5 marks)
Ans 3b.
Introduction
Future value (FV) is the value of a current asset at a coming date based on an assumed growth rate. The future value is crucial to financial planners and buyers, as they use it to estimate how much an invested amount made these days may be well worth.
Knowing the future value allows buyers to make efficient investment selections based on their
Human Resource Management
September 2023 Examination
Question-1
Niverplast develops innovative film packaging solutions to protect and transport a wide range of products. Bread, meat, fish liquids and non- food products that have to be packed in a bag and box is their core business. Their aim is to be an integral part of the customer’s internal logistical business by offering the lowest cost of ownership, quality improvements and reduced lead times. They are in an industry where the focus is on automation machinery and products. Niverplast wanted to differentiate from its competitors by moving from the traditional process focus to people focus. Imagine your role as an HR Business Partner to redefine and restructure organization culture considering the competitive advantage to be great work and great people to work with. (10 marks)
Ans:
Introduction:
Corporations constantly seek innovative methods to differentiate themselves in today’s somewhat competitive market. Niverplast, an organization specializing in film packaging answers, recognizes the significance of standing out within the industry. At the same time, as the focus in their industry has traditionally been on automation machinery and products, Niverplast targets to redefine itself by shifting its consciousness from tactics to humans. As the HR commercial enterprise accomplice for Niverplast, I redefine and restructure the organization’s culture to create an aggressive advantage through remarkable work and perfect
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Question-2
You have been asked to come up with a robust approach to measure training effectiveness for the overall on boarding programme for new joinees’ in organization “ABC”. Using the Jack Philip’s list, recommend the key questions you would use at each level to design the evaluation framework. (10 marks)
Ans :
Introduction
Which will correctly measure the training effectiveness of the onboarding program for new joiners in the organization “ABC,” a sturdy assessment framework is crucial. Jack Phillips’ evaluation version offers a complete technique that may be implemented at one-of-a-kind tiers to evaluate the impact of training on person learners, the company, and the go-back on investment (ROI). By incorporating vital questions at each level, we will accumulate valuable insights to determine the effectiveness of the onboarding software and pick out regions for improvement. This text outlines the key questions to be used at every level of the evaluation
Question-3
The sales team comprising of 10 employees is not performing and the organization is losing money due to customer complaints. The team lacks the motivation and is not aligned with the organization vision. You are appointed as a HR consultant:
- a) Identify the key HR processes to intervene for root cause investigation using root cause analysis method (5 marks)
Ans :
Introduction:
In today’s aggressive commercial enterprise environment, an excessive-acting income team is essential for the fulfillment of any business enterprise. However, when an income group is underperforming and desires to be aligned with the company’s vision, it can result in significant losses, customer complaints, and a decline in general business overall
- b) Determine the action steps taken to address the issue and expected outcomes of the same. (5 marks)
Ans :
Introduction:
The income group drives revenue and ensures consumer delight in any organization. But when the sales team appears below expectancies, it may significantly affect the organization’s financial fitness and recognition. In this state of affairs, wherein an income team comprising ten personnel is underperforming and causing customer complaints, it’s essential to take \
International Business & Export Import Management
September 2023 Examination
- Incoterms are essential terms that provide specific guidance to individuals participating in the import and export of global trade”- In light of above statement explain various rules of Incoterms 2020. (10 Marks)
Ans:
Introduction:
Incoterms, short for international industrial terms, are fixed, internationally recognized policies that define the obligations, risks, and prices associated with transporting and turning in items in global change. They were first delivered by the International Chamber of Commerce (ICC) in 1936 and have since been regularly updated to reflect modifications in international exchange practices. The most recent model is Incoterms 2020, which affords clean recommendations for importers, exporters, and intermediaries concerned with global
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- “In International Business an organization should be able to cope up with the international differences that arises from different culture and for that the international culture has to be understood by the managers”.
In light of above statement explain various factors an organization need to understand about cultural difference while making strategies for international business. Also explain interaction between national culture and organizational culture. (10 Marks)
Ans :
Introduction:
In today’s globalized world, organizations increasingly interact in global business to tap into new markets, expand their attain, and benefit from a competitive aspect. However, working in worldwide markets comes with challenges, and cultural variations are among the most sizable factors to recall. Cultural variations can drastically affect the fulfillment or failure of global business ventures. Therefore, businesses should understand and adapt to international cultures to correctly navigate the complexities of world markets. This essay will delve into
- Nike Inc., the world’s leading apparel and footwear manufacturer, outsources the manufacturing part of the production to a number of factories in Asia where there is plenty of cheap labor available.
Usually, it chooses countries where cheap labor is available, where there is an authoritarian government, and the lack of union rights appeals and union movements.
Since the 1970s, Nike, Inc. has been accused of using sweatshops to produce footwear and apparel. It was built on the business model of finding the lowest cost of labour possible which led to child labour and exploitation
As to remain competitive in the market, Nike searched for cheaper resources and markets. Therefore, Nike had shifted its production to lower manufacturing cost countries such as Japan, Korea and Taiwan. Later in the 1980s, production had moved to Southern China. However, as Japan’s economic started expanding, the manufacturing cost increased. Therefore, Nike shifted its contracts to Vietnam, Indonesia and China
Nike has the highest number of contract factories in China followed by Thailand, South Korea, Vietnam, Pakistan, Bangladesh, and India. By opting for such places, Nike has made huge margins due to cheap labor…
Starting from the mid-1990s, there were criticisms from human right protectors and media regarding labour health and safety conditions, low wages and discrimination in the hiring and firing process. Therefore, Nike started to take actions as to rescue its reputation:
- Briefly describe the ethical issues involved in sweatshop conditions and the treatment of workers in Nike’s factories. (5 Marks)
Ans :
Introduction:
Nike Inc., a prominent international clothing and footwear manufacturer, has faced considerable grievance and controversy over its treatment of people within the factories it outsources production to, especially in Asian nations where cheap exertions are significant. This practice has raised extreme ethical concerns, including sweatshop conditions,
- Nike has failed to follow the labor laws of the countries it operates in and has not succeeded in effectively implementing its Code of Conduct. What measures must Nike take to convince the public that it really wants to put an end to the maltreatment and exploitation of workers in its Asian factories? (5 Marks)
Ans :
Introduction:
Nike Inc., an international clothing and shoes enterprise leader, has faced chronic allegations of exploiting sweatshop hard work in its Asian factories. The business enterprise has been accused of taking advantage of reasonably-priced exertions, authoritarian governments, and the absence of union rights inside the nations where it outsources its manufacturing. These
Start your Start up
September 2023 Examination
- “Everything begins with an idea. Infact, Great minds discuss ideas, average minds discuss events, small minds discuss people.” To ensure the business succeeds there is always need for searching of new ideas. Based on the given circumstances bring about the different methods of generating ideas and solving problems? (10 Marks)
Ans :
Introduction
In today’s rapidly changing business panorama, producing new ideas and fixing issues is critical for the success and growth of any company. The famous quote goes; “The whole lot starts with an idea.” splendid minds recognize the strength of thoughts and understand that they may be the catalyst for innovation, progress, and transformation.
In this era of fierce opposition and disruptive technologies, agencies must depend upon more significant than present strategies and practices. They should continuously explore new ideas to stay beforehand of the curve and adapt to evolving market dynamics. However, idea
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- Without a plan, even the most brilliant business can get lost. Infact, we need to have goals, create milestones and have a strategy in place to set yourself up for success. Understanding the concept, check out the key elements one must consider for writing a business plan? (10 Marks)
Ans :
Introduction:
The marketing strategy is an essential document that serves as a roadmap for the success of any enterprise venture. It outlines an organization’s desires, processes, and monetary projections, supplying a complete review of ways the business intends to perform and gain its goals. Whether beginning a new business or seeking to amplify a present one, a well-written business plan is critical to attract traders, secure financing, and guide your operations. This section will discover the essential elements to consider while writing a business plan,
- “Capital is that part of wealth, which is devoted to obtaining further wealth.”
- Capital formation is greatest asset of all. Understanding the concept, bring about different sources of capital funding for startups? (5 Marks)
Ans :
Introduction:
Capital formation is a critical aspect of any economy, as it performs a crucial function in developing and developing businesses and startups. It refers to accumulating financial sources applied for productive investment functions to generate additional wealth. Startups rely closely on capital investment to fuel their increase, innovation, and marketplace
- The key to making money in angel investing is saying no. We meet with 100 companies and say no to 99 of them. Describing the aspect bring about the pros & cons of Angel Investors. (5 Marks)
Ans :
Introduction:
Angel investing has recently won enormous attention as a rewarding funding avenue for individuals searching for high returns. Angel buyers, also called private or seed investors, offer early-level capital to startups and emerging companies as an alternative for fairness possession. Their function within the entrepreneurial surroundings is crucial, as they gasoline
Performance Management System
September 2023 Examination
Q1. The performance evaluation period of your company starts from 1-April. You are in the month of May and you being the team leader, have to schedule the performance feedback meetings with your team members. How will you plan the process? (10 Marks)
Ans :
Planning the Performance Feedback Process for Team Members
Introduction
The performance evaluation length is an essential time for organizations to assess their employees’ progress, achievements, and areas for development. As a group chief, making plans and scheduling overall performance remarks conferences effectively to ensure a productive and significant evaluation manner is essential. This newsletter’s objectives are to define a step-by way of-step approach to planning the performance remarks system for team members, taking into account the month of can also because of the evaluation length and emphasizing the importance of open communication and positive commentsIt is only half solved
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Q2. Why do you think Performance Appraisal is important? Which are the alternative modern methods used for appraising the performance of the employees working in Service Industry? (10 Marks)
Ans :
Introduction:
Performance appraisal is an essential process in groups that aims to assess the performance of personnel and offer comments to enhance their productiveness and growth. It’s miles a scientific and formal technique that lets employers evaluate an employee’s overall performance, perceive areas of improvement, recognize achievements, and align man or woman’s dreams with organizational objectives. Even as a few critics argue that performance appraisals may be subjective and ineffective, they provide several blessings to employees and agencies when appropriately implemented.
Q3. You, being the HR Manager, are asked to fix the role and responsibilities of the employee and the supervisor during the performance execution phase. So you call for a joint meeting of the employee and the supervisor to discuss the same.
- a) Please list and explain employee’s responsibilities in this phase of the performance management process. (5 Marks)
Ans :
Employee and Supervisor Roles and Responsibilities in the Performance Execution Phase
Introduction:
During the performance execution segment, the worker and the manager play essential roles in ensuring the hit implementation and fulfillment of performance goals. This joint assembly ambitions to clarify and set up the unique responsibilities of every party in this section of the overall performance control procedure. By knowledge and aligning expectancies, the worker
- b) Please list and explain supervisor’s responsibilities in this phase of the performance management process. (5 Marks)
Ans :
Introduction:
The performance execution section is a critical stage in the performance control process, in which the employee and the manager paintings collectively to attain performance desires and objectives. Because the HR manager, it is critical to truly define the roles and duties of each event all through this phase to ensure ok overall performance execution. In this joint meeting,
Production & Total Quality Management
September 2023 Examination
Q1. “If the material is challenging, it forces you to challenge yourself when handling it.”, Considering the fact explain the different types of material handling systems. Also, which material handling system will be used for movement of containers? (10 Marks)
Ans :
Introduction:
Material coping is vital to diverse industries, including production, warehousing, logistics, and production. It includes the motion, storage, control, and protection of materials and products at some point in their lifecycle. Green material coping with structures is critical for optimizing productiveness, decreasing charges, and ensuring the easy glide of operations. In this essay, we will discover distinctive sorts of fabric managing structures and discuss the suitable machine for the movement of containersIt is only half solved
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Q2. “When we purchase something, we are enriching other people.” Understanding the fact, describe process of purchasing management for companies procuring goods in bulk. Also, according to you which is the most crucial step in purchasing management and why? (10 Marks)
Ans :
Introduction:
In a trendy, globalized economic system, purchasing management is vital in fulfilling companies procuring items in bulk. Buying control includes acquiring goods and offerings from outside resources to meet the company’s needs, maximizing price, and minimizing costs. Effective buying management enables agencies to optimize their supply chain, preserve enough inventory stages, negotiate favorable terms with suppliers, and enhance their competitive benefit. This essay will delve into the concept and application of buying control for companies buying goods in bulk, highlighting its diverse stages and discussing the most
Q3. “Perfection of planned layout is achieved only by institutions on the point of collapse.”
a.) Layout plays an instrumental role in fortune of any business organization. Bring about the different types of business plant layout. Also, identify what layout will be applicable according to you for an airline set up? (5 Marks)
Ans :
Introduction:
Layout planning is a crucial component of any business employer because it at once impacts its performance, productivity, and usual achievement. A well-designed layout optimizes the usage of space, sources, and human capital, leading to improved workflow, decreased charges, and more advantageous consumer delight. The statement, “Perfection of deliberate
b.) A good plant layout is an effective plan for utilizing production facilities for a manufacturer, recognizing the concept describe the principles of good business plant layout? (5 Marks)
Ans :
Introduction:
A well-designed plant format is vital to green manufacturing operations for any business. It includes strategically arranging manufacturing facilities, machinery, equipment, and sources within a manufacturing facility. A carefully planned layout can affect productiveness, workflow, and operational efficiency. This essay will explore the concept and ideas of an
Research Methodology
September 2023 Examination
Question 1: Identify the measurement scale of each column below and also write the reason.
Introduction
The dimension scale of each column in a dataset is critical for comprehending the nature of the facts and selecting the most suitable statistical evaluation techniques. We can ascertain the level of size and the type of information each column represents by identifying the measurement scale. In this evaluation, we can investigate the size scales of the columns blanketed inside the dataset, which includes respondent code, gender, age categories, city, Instagram rating, and REELS score. We can determine whether or not the records in every column fall under nominal, ordinal, c language or ratio measures by analyzing the
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Question 2: Write the steps of Proportionate stratified sample steps for the following. :
Introduction
Stratified random sampling guarantees a consultant and impartial sample by partitioning a population into outstanding companies or strata. Through employing this technique, researchers can gain valuable insights into specific subgroups of interest while preserving the traits of the general population. In this context, we can create a stratified random pattern of 20 businesses, with company reputation as the stratification variable for Leh and Ladakh.
This sampling approach aims to research the characteristics, performance, and other relevant factors of Leh and Ladakh-based groups while ensuring a numerous representation across
Question 3. a :Perform the pair sample t-test for the following problem using EXCEL. Run two tailed tests with significance level 5%
Introduction
The paired t-test was performed to research the relationship between “college” and “standaloneInst,” representing an impartial organization. On a sample of 13 observations, the evaluation turned into performed. The implied score for the “university” variable was decided to be 36, with a popular error of 11.76642 and a well-known deviation of 42.42444. The
Question 3. b :Perform the ANOVA for the following problem using EXCEL.
Introduction
The presented results of the evaluation of variance (ANOVA) reveal the sources of variation and the corresponding statistical values for the provided facts. ANOVA is a statistical look used to decide whether or not the manner of 3 or greater companies or variables differ significantly.
Sales Management
September 2023 Examination
Q.1 Skippi is an ice pop brand. A successful all Shark deal on Shark Tank India changed the fortune of Skippi and its revenues increased 40X, the sales increased to approximately 2- 2.8 Cr monthly. Over 20,000 orders were processed online.
How do you think Skippi can increase it sales now? Study both distribution and franchise model of Skippi and suggest what you think is the best way to go ahead. (10 Marks)
Ans :
Introduction:
Skippi, the ice pop logo, experienced an incredible improvement in its fortunes after securing a hit all Shark deal on Shark Tank India. With a 40X increase in revenues and monthly sales reaching approximately 2-2.8 Cr, it’s evident that the emblem has received a substantial reputation and market traction. Skippi should optimize its distribution and franchise fashions to preserve this growth trajectory. This essay will explore the idea and application of distribution and franchise fashions for Skippi and, ultimately, endorse the best manner It is only half solved
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Q.2 You are being appointed as Customer Sales representative of Eureka Forbes for selling water purifier and vacuum cleaner. Will personal selling approach work well? Justify your reply with specific reasons. (10 Marks)
Ans :
Introduction:
Because the newly appointed client income consultant for Eureka Forbes, I’m tasked with selling water purifiers and vacuum cleaners. One of the critical considerations in this function is determining the most effective sales approach. In this essay, I can discover whether or not a private selling approach could work adequately in selling Eureka Forbes’ merchandise, particularly water purifiers and vacuum cleaners. Non-public selling includes direct communication and interplay between the salesperson and capability customers. I can justify my response by inspecting the idea and alertness of personal selling, highlighting its blessings
Q.3 Balaji wafers private limited is India’s leading snack and food manufacturing and distribution company. It has its manufacturing plant in Rajkot, Valsad and Indore. Rajkot is the headquarters. Apart from chips they have forayed into many products like Namkeen and western snacks.
- They now want to penetrate deeper in India and they are thinking of re organizing their sales structure. If you were made the National sales head would you opt for product based sale organization structure or geographical sale structure. Support your answer with a valid reason. (5 Marks)
Ans :
Introduction:
Balaji Wafers Private confined, India’s main snack and meals manufacturing and distribution employer, is searching to penetrate deeper into the Indian market. Because of the newly appointed national sales Head, a critical decision needs to be made regarding the income structure of the company. The two options to consider are a product-primarily based sales
- As a National Sales head how will you keep your entire team motivated and what will you do to retain the best sales performer? (5 Marks)
Ans :
Introduction:
Balaji Wafers non-public limited is India’s renowned snack and food manufacturing and distribution company. With its headquarters in Rajkot and the production of flowers in Rajkot, Valsad, and Indore, the company has established itself as a leader in the industry. Except for chips, Balaji Wafers has effectively multiplied its product portfolio to consist of