NMIMS 2 Sem June 2025 Solved Assignments

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Business Analytics

Jun 2025 Examination

PLEASE NOTE:  This assignment is application based, you have to apply what you have learnt in this subject into real life scenario. You will find most of the information through internet search and the remaining from your common sense. None of the answers appear directly in the textbook chapters but are based on the content in the chapter

Q1. Given a dataset with missing values, apply appropriate data treatment techniques to handle the missing data. Justify your choice of method based on the nature of the dataset. Additionally, analyze a real-world scenario where missing data impacts decision-making, and implement suitable imputation methods to improve data quality

Student_I D    Name    Age    GenderMath_Scor eEnglish_Scor eAttendance (%)
  101  Aarav  20  F  85  88  95
  102  Bhavya  21  M  78   88
  103  Charan  22  M   82  92
  104  Deepak   M  92  91 
  105  Esha  20  F  88  85  97
  106  Farhan  21   76  79  85
  107  Gauri   F  80  86  90
  108  Harshita  22  F   90  93
  109  Ishan  23  M  90   89
  110  Jyoti  20  F  84  87 

(10 Marks)

Ans 1.

Introduction

Common across many fields, including business analytics, healthcare, finance, and education, missing data is a challenge.  Missing important information could cause erroneous analysis, biassed findings, and bad decision-making.  In research, predictive modeling, and strategic planning as well as in data completeness is crucial to guarantee dependability.  Data input mistakes, system faults, or respondents not giving all the information can all cause missing values.  The kind of the dataset and the importance of the missing values will determine how missing data are handled.  Good imputation techniques enable the integrity of the dataset to be restored, therefore guaranteeing correct analysis and significant discoveries.  We shall go over missing data

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Q2A. A pharmaceutical company is testing a new drug for reducing blood pressure. They conduct a clinical trial with two groups: one receiving the drug and the other receiving a placebo. The blood pressure levels are recorded before and after the trial.

1. Analyse the components of a two-sample hypothesis test and determine why it is appropriate or not for this study. (1 Mark)

2. Given that the obtained p-value is 0.08, break down the decision-making process for rejecting or failing to reject the null hypothesis at a 5% significance level. (1 Mark)

3. Examine the potential risks associated with Type I and Type II errors in this study and discuss how they could affect the interpretation of results. (1 Mark)

4. The company wants to check whether the drug’s effectiveness varies across different age groups (e.g., 30-40, 41-50, 51-60). Analyse whether the Chi- square test of independence is an appropriate test in this scenario. (1 Mark)

5. Differentiate between the Chi-square Goodness of Fit test and the Chi-square test of independence, and analyse how each applies to different types of pharmaceutical studies. (1 Mark) (5 Marks)

Ans 2A.

Introduction

Clinical trials are essential for evaluating the effectiveness of new drugs. A pharmaceutical company is testing a drug for reducing blood pressure, comparing it with a placebo. Statistical analysis, including hypothesis testing, helps determine if the drug has a significant effect. This study examines hypothesis testing, decision-making based on p-values, error risks, and

Q2B. A company wants to predict sales based on advertising expenses using a simple linear regression model. The dataset for 5 months is given below:

      Month    Advertising Expense (X in Rs 1000s)    Actual Sales (Y in Rs 1000s)    Predicted Sales ( in Rs 1000s)
1243.8
2355.2
3576.9
47109.5
591211.7

1. Formulate the simple linear regression equation based on the given data.

2. Determine the regression coefficients (: Intercept : Slope) and interpret their impact on sales.

3. Derive insights from the regression equation, understanding the baseline performance and the impact of advertising expenses on sales.

4. Suggest recommendations based on findings, highlighting the effectiveness of advertising expenses.

Instructions:

– Use Excel to compute the regression equation, coefficients, and R² value.

– Paste the Excel output with formulas to demonstrate calculations.

– Insights should be based on data from Excel analysis (5 Marks)

Ans 2B.

Introduction

Advertising plays a crucial role in driving sales, and companies use predictive models to understand its impact. A simple linear regression model helps determine the relationship between advertising expenses and actual sales. Using a dataset covering five months, this analysis formulates the regression equation, determines regression coefficients, interprets their impact, and provides insights on

Cost & Management Accounting

Jun 2025 Examination

PLEASE NOTE:  This assignment is application based, you have to apply what you have learnt in this subject into real life scenario. You will find most of the information through internet search and the remaining from your common sense. None of the answers appear directly in the textbook chapters but are based on the content in the chapter

Q1. ABC Manufacturing Ltd. produces a single product and operates a factory where both direct labor costs and overhead costs are incurred. The company provides the following data for February:

– Labour Costing Data: Total direct wages paid: Rs.50,000

Number of direct labor hours worked: 10,000 hours

Overtime premium included in wages: $2,000

Employer’s contribution to benefits (social security, insurance, etc.): 10% of direct wages

– Overhead Costing Data: Total factory overhead costs: $40,000

Overheads are absorbed based on direct labor hours

Required:

1. Calculate the total direct labor cost, considering the employer’s contribution.

2. Compute the direct labor cost per hour.

3. Determine the overhead absorption rate per labor hour.

4. If a job requires 50 labor hours, calculate the total labor and overhead cost assigned to the job.  (10 Marks)

Ans 1.

Introduction

Crucially important for corporate operations, cost and management accounting offers financial insights enabling companies to effectively control expenses and make wise decisions. Tracking, evaluating, and managing production, labor, and overhead expenses forms its main emphasis. In manufacturing sectors especially, where profitability depends on knowledge of direct labor costs, overhead absorption, and cost allocation, cost accounting is clearly important. This project investigates ABC Manufacturing Ltd.’s cost structure—a business running a single

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Q2A. Elaborate on the implementation of a Just-in-Time (JIT) inventory system impact the material cost control process in a manufacturing company and explain its importance. (5 Marks)

Ans 2A.

Introduction

The Just-in-Time (JIT) inventory system significantly reduces inventory holding costs and boosts industrial productivity. Guaranteeing that goods are bought and received when needed for manufacture reduces waste by eliminating surplus inventory. Businesses may optimise working capital, streamline supply chains, and boost productivity via JIT. Since JIT reduces carrying costs, eliminates obsolescence, and promotes lean manufacturing, it controls material costs and waste. Manufacturing companies competing in a fast-paced market must first grasp how JIT improves

Q2B. Analyze how the method of valuing work-in-progress (prime cost vs. works cost) influences the final cost of goods sold and the financial reporting of a manufacturing company. (5 Marks)

Ans 2B.

Introduction

The final cost of goods sold (COGS) and financial reporting of a manufacturing organization depend on WIP value.  WIP indicates partially completed products in production at the conclusion of an accounting period.  Prime cost and works cost valuation methodologies affect financial results differently.  Methods affect profit margins, inventory valuation, and cost allocation.

Human Resource Management

Jun 2025 Examination

PLEASE NOTE:  This assignment is application based, you have to apply what you have learnt in this subject into real life scenario. You will find most of the information through internet search and the remaining from your common sense. None of the answers appear directly in the textbook chapters but are based on the content in the chapter

Q1. you are an HR manager in a multinational corporation facing challenges in cross- cultural teamwork. Employees struggle with communication barriers and adapting to diverse work environments. To address this, your company has implemented a Global Competence Development Program.

Evaluate the effectiveness of such programs in enhancing cultural awareness and adaptability among employees. (10 Marks)

Ans 1.

Introduction

Multinational companies (MNCs) depend on cross-cultural teams to stimulate innovation and success in the globalized corporate climate of today.  Cultural variations, however, can cause misunderstandings, poor communication, and conflict that influences team cohesiveness and output.  Global Competence Development Programs (GCDPs) targeted at raising cultural understanding, flexibility, and cooperation help companies meet these obstacles.  These initiatives help staff members acquire the required abilities to negotiate various work settings, therefore

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Q2A. A growing tech company is looking to expand its workforce by hiring skilled software developers and engineers. The company wants to use public advertisements and campus recruitment to attract top talent. As an HR manager, propose a comprehensive recruitment strategy using these methods. What are the potential benefits and challenges of this approach? (5 Marks)

Ans 2A.

Introduction

A rising IT firm needs a strong recruitment strategy to attract top software developers and engineers. With industry demand for talented workers rising, the organisation must use numerous channels to build a talent pipeline. Campus recruiting and public ads are efficient ways to contact prospects. Campus recruiting emphasises young individuals with new ideas and technical knowledge, while

Q2B. A multinational corporation is expanding its operations and requires a highly experienced Chief Operating Officer (COO) to drive its growth strategy. Given the critical nature of this position, the company is considering hiring an executive search firm to identify and recruit the best candidate. Analyze the role of executive search firms in recruiting top-level executives. What are the advantages and disadvantages of using such firms?   (5 Marks)

Ans 2B.

Introduction

Any global corporation expanding must choose a Chief Operating Officer COO.  Given the strategic importance of the role, the company must ensure the chosen candidate has the vision, industry knowledge, and leadership to expand.  Executive search businesses have access to a vast pool of senior

Legal Aspect of Business

Jun 2025 Examination

PLEASE NOTE:  This assignment is application based, you have to apply what you have learnt in this subject into real life scenario. You will find most of the information through internet search and the remaining from your common sense. None of the answers appear directly in the textbook chapters but are based on the content in the chapter

Q1. A startup named “SunDisk Pvt. Ltd.” specialises in software development. Initially, its Memorandum of Association (MOA) focused solely on developing enterprise software solutions. However, when market patterns changed, the business recognized profitable prospects in cloud computing services and artificial intelligence (AI) consulting. The board of directors decided to enter these segments without modifying the MOA. Soon after, a major investor raised concerns that these activities were ultra vires and could lead to legal consequences. The company now faces challenges related to business expansion, legal compliance, and shareholder confidence.

Based on the given scenario, highlight the challenges before SunDisk Pvt. Ltd. if the MOA continues to remain unamended. Please explain the challenge by emphasizing the doctrine of ultra vires under the Companies Act, 2013, and suggest potential solutions to avoid the company violating the provisions of Companies Act, 2013 (10 Marks)

Ans 1.

Introduction

SunDisk Pvt. Ltd. is a software development startup that initially focused on enterprise software solutions as outlined in its Memorandum of Association (MOA). However, with the evolution of market trends, the company sought to expand its operations into cloud computing and artificial intelligence (AI) consulting without making amendments to its MOA. This decision raised concerns from investors about whether such expansion falls within the scope of the company’s originally defined objectives. The doctrine of ultra vires under the Companies Act, 2013,

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Q2A. Innovative Constructions Pvt. Ltd. signs a contract with the government to build a highway in two years. The contract includes terms about work deadlines and quality. However, the company faces three major problems:

1. Delay in Work: Due to supply chain problems, only 90% of the work is done on time. The government may take legal action for not completing the project.

2. Change in Contract: The company asks for extra time, and the government agrees, but some contract terms need to be changed.

3. Work Becomes Impossible: A new law bans an important material needed for the project. The company claims that the contract should end because completing the work is now impossible.

Question: Under the Indian Contract Act, 1872, explain how the company should handle these problems legally. Consider rules about performance (finishing the work), changing terms of the contracts by mutual agreement, and what happens when the work becomes impossible to perform. Mention relevant legal sections where applicable. (5 Marks)

Ans 2A.

Introduction

Innovative Constructions Pvt. Ltd. entered into a contract with the government to build a highway within two years. However, the company faces legal challenges due to delays in work, required modifications in contract terms, and the impossibility of performance due to a new law banning a key construction material. The Indian Contract Act, 1872, provides legal solutions under the principles of contract performance, modification by mutual agreement, and frustration of contract. The company must address these issues by following the legal framework to avoid penalties and ensure

Q2B. Harish, a real estate developer, signs a contract with Mehta & Sons to build a luxury apartment complex in two years. The contract states that if the project is delayed, Mehta & Sons must pay a penalty (liquidated damages). However, due to poor management, they fail to complete the project on time. Harish suffers financial loss and damage to his reputation.

Question:

Under the Indian Contract Act, 1872, what legal remedies does Harish have for this contract breach? What steps can he take to prevent further delays? Mention relevant legal sections. (5 Marks)

Ans 2B.

Introduction

Harish, a real estate developer, entered into a contract with Mehta & Sons for constructing a luxury apartment complex within two years. The contract includes a liquidated damages clause imposing penalties for delays. Due to mismanagement, Mehta & Sons failed to complete the project on time, causing Harish financial loss and reputational damage. For contract violation, Harish may

Operations Management
Jun 2025 Examination
 
PLEASE NOTE:  This assignment is application based, you have to apply what you have learnt in this subject into real life scenario. You will find most of the information through internet search and the remaining from your common sense. None of the answers appear directly in the textbook chapters but are based on the content in the chapter
Q1. Assume you are heading operations in a cosmetic manufacturing and marketing company. You are launching a new product range. Its very critical for the brand image of the organisation.  
Create a detailed plan for sourcing materials and manufacturers for a new fashion product. What factors should be considered to ensure a reliable supply chain? (10 Marks)

Ans 1.

Introduction
In the highly competitive cosmetic industry, launching a new product range requires meticulous planning in operations and supply chain management. The success of the product depends on the quality, sustainability, and reliability of the sourcing and manufacturing process. Sourcing materials and manufacturers for a new fashion cosmetic product involves selecting the right suppliers, ensuring compliance with regulations, maintaining cost-effectiveness, and aligning with brand values. A well-structured supply chain not only enhances efficiency but also safeguards the brand image, ensuring timely production and distribution. This process requires an integrated approach involving supplier selection, raw material procurement, quality assurance, logistics, and risk management. By focusing on ethical sourcing and technological

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Q2A. Pick any situation of your choice and analyze the role of aggregate operations planning in aligning an organization’s capacity with forecasted demand, and discuss the potential consequences of failing to do so? (5 Marks)

Ans 2A.

Introduction
Aggregate operations planning (AOP) is a critical process that helps organizations align their production capacity with forecasted demand. It ensures a balance between market demand, workforce levels, inventory management, and overall operational efficiency. The process is particularly vital in industries with fluctuating demand, such as the automotive, retail, and manufacturing sectors. A failure in effective aggregate planning can lead to excess inventory, production inefficiencies, or unmet customer demands. By integrating a well-structured aggregate plan, businesses can optimize costs, improve resource utilization, and maintain customer
 
Q2B. Pick any business situation of your choice and establish how can artificial intelligence and machine learning be integrated into operations management to enhance decision- making and efficiency?  (5 Marks)

Ans 2B.

Introduction
Artificial Intelligence (AI) and Machine Learning (ML) have revolutionized operations management by enhancing decision-making, automating processes, and optimizing efficiency. Businesses across industries, from retail and manufacturing to logistics and healthcare, are integrating AI-driven systems to improve forecasting, resource allocation, and supply chain management. By leveraging data-driven insights, AI and ML enable businesses to make real-time decisions, reduce operational costs, and enhance productivity. A well-executed AI integration strategy ensures improved efficiency, minimizes human errors, and provides a
 

Strategic Management

Jun 2025 Examination

PLEASE NOTE:  This assignment is application based, you have to apply what you have learnt in this subject into real life scenario. You will find most of the information through internet search and the remaining from your common sense. None of the answers appear directly in the textbook chapters but are based on the content in the chapter

Q1. Evaluate the potential risks and benefits of Tata Motors pursuing a differentiation strategy in the electric vehicle market?  (10 Marks)

Ans 1.

Introduction

Leading Indian car company Tata Motors has become a major force in the electric vehicle (EV) space.  Tata Motors has deliberately positioned itself to lead the change towards sustainable mobility in view of growing environmental issues and government incentives encouraging EV adoption.  In the EV sector, a differentiation approach is developing original items that set apart the goods of the business from rivals.  Excellent technology, improved battery performance, creative design, sophisticated connectivity tools, or a strong brand image could all help to

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Q2A. XYZ Retail, a well-established chain of grocery stores in India, is facing increased competition from both traditional brick-and-mortar supermarkets and online grocery platforms. The entry of new online grocery players, aggressive price wars among existing retailers, and growing bargaining power of customers have put pressure on XYZ Retail’s profitability.

Given Porter’s Approach to Industry Analysis, analyze any one of the six competitive forces which could be impacting XYZ Retail’s business. Also discuss what strategies can XYZ Retail adopt to mitigate these competitive pressures?  (5 Marks)

Ans 1.

Introduction

Large Indian grocery chain XYZ Retail is under pressure from traditional and online food retailers.  Digital grocery platforms, which offer convenience and low prices, have changed consumer buying behavior.  XYZ Retail’s profitability is affected by Porter’s six competitive forces, particularly new entrants.  Online grocery platforms’ quick growth, competitive pricing, and creative business

Q2B. A multinational conglomerate, TechNova Group, operates in various industries, including consumer electronics, renewable energy, and healthcare technology. Recently, the company’s corporate headquarters has identified a strategic opportunity to acquire MedTech Solutions, a firm specializing in AI-driven diagnostic tools. The leadership at TechNova believes that this acquisition could create synergies across its healthcare technology and consumer electronics divisions. However, some executives express concerns that TechNova lacks deep expertise in medical devices and regulatory compliance, which could lead to inefficiencies in managing MedTech Solutions.

As a corporate strategist at TechNova, apply the concept of corporate parenting to assess whether this acquisition aligns with TechNova’s corporate strategy. Briefly discuss what factors should TechNova evaluate to determine if this move will create value or destroy value for the company?  (5 Marks)

Ans 2B.

Introduction

MedTech Solutions, an AI-driven diagnostic tools company, may be acquired by TechNova Group to enhance its healthcare technology segment. Corporate parenting evaluates how a parent firm might benefit its subsidiaries beyond financial investments. The acquisition may benefit AI and consumer electronics, but regulatory compliance and medical device expertise may be issues. This acquisition’s