Business Communication
April 2023 Examination
Q1. You work in the IT Industry. You have recently developed a new mobile application which you have started offering to your clients. Most of your customers have been using your competitor’s application which is highly rated. When you did the market analysis, you realized clients are not willing to try out your application. What measures will help you enhance your credibility in the market? (10 Marks)
Ans 1.
Introduction
IT stands for information technology and has become the fastest-growing industry. It has enhanced in value as no industry has given such high performance in the establishing world and is an essential driver of world financial development. Economies of pressing and scale demand from ventures and consumers identify this most valuable industry.
The IT organization of the U.S.A. defines ‘information technology’ as encompassing every possible element of information systems based on desktop computers. The information technology market’s software and hardware growth involve everything from computer It is only half solved
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- Based on the stage that you are in your career, prepare a chronological or functional resume for a position in your dream company. You need to create your resume in any 1 format chronological OR functional, properly justifying your choice. (10 Marks)
Ans 2.
Introduction
Selecting a career can assist us in choosing the abilities and education we need to support that career; making well-thought-out and prudent decisions regarding our careers can enhance our possibilities of success. Choosing the proper job is time-consuming, and much research is needed. An occupation can additionally be defined as the activities and progression we have taken throughout the working years of our life. Primarily they associate with our line of work. It consists of different tasks we have undertaken, titles we have held, and success over a
Q3. Your credibility is affected by your attention to detail while completing business messages. In view of the above statement.
- Highlight the importance of proofreading your documents with any 4 time-tested techniques. (5 Marks)
Ans 3a.
Introduction
Proofreading can be defined as printing an early duplicate of a message. This early copy is maintained as proof and taken a look at, catching spelling, grammatical, and formatting mistakes and contradictions
- In order to make your content mobile friendly what are the key aspects you need to focus on? (5 Marks)
Ans 3b.
Introduction
Mobile-friendly content can be seen and played on a mobile phone like a tablet or a phone and is developed to get used to the smartphone’s small screen.
Trick facets to concentrate on to produce mobile-friendly content are-.
- a) Keep the title short- Titles are a feature that can assist us in creating mobile-friendly
Business Law
April 2023 Examination
Q1. India is blessed with a vibrant wildlife and ecosystem, which is often subject to indiscriminate exploitation by unscrupulous elements of society including business organizations. Briefly explain any 5 (five) legislations that are related to environment protection or conservation. (10 Marks)
Ans 1.
Introduction
The requirement for the conservation and security of the environment and ongoing use of natural deposits is shown in India’s environment security acts and India’s global dedication. The constitution under component IV (ART48-An Instruction Concepts of State Policy) states that the state shall accept the truth to boost and secure the country’s atmosphere, forests, and wild animals. The constitution under part IV-A (Art 51-An Essential Responsibilities) delegates responsibility to every resident of India to improve and shield the natural environment, including lakes, forests, wildlife, and rivers, and to have compassion for
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Q2. Please give two (2) instances where investigations and/or punishments are initiated/enforced by the authorities set up under the Consumer Protection Act, 2019. (10 Marks)
Ans 2.
Introduction
The consumer protection act, launched in 1986, provides straightforward compensation for consumer grievances. It protects, safeguards, and urges consumers to speak against the absence of value in goods and services. It makes and trades techniques and unlawful business. This act saves their legal rights as consumers. This forum’s only motivation is to help both parties and eliminate lengthy claims.
The consumer protection act covers all goods and solutions of all personal, public, or cooperative markets except those excused by the union governments. The show offers a
Q3. Taffee is an international confectionary maker who wants to launch its product range of exotic flavoured sweet candies in India. It wants to use the name “TeewS”. However, it is skeptical that the word Teews would be copied/plagiarized in India and the company would have to deal with huge infringers of the product. Please help the company in addressing the following queries, to have better understanding to draw an Intellectual Property strategy:
- What types intellectual property rights they could claim in relation to the name of the product. Please explain with reason on why the type(s) of intellectual property would apply? (5 Marks)
Ans 3a.
Introduction
Intellectual property legal rights can be defined as the legal rights offered to each person to produce the latest things according to their minds. IPR offers the designer the right to utilize his creation for a particular duration
- Explain civil and criminal remedies under various intellectual property laws for enforcement of intellectual property rights? (5 Marks)
Ans 3b.
Introduction
Each party shall provide criminal penalties and procedures to be applied, at the very least, in cases of unyielding trademark copyright, counterfeiting, or relevant legal rights piracy on a business
Essentials of HRM
April 2023 Examination
Q1. The VP – HR manager of ‘Gyan Tutors Ltd’, an online language-teaching website, decides to launch a new job analysis system for its employees, across all branches. As a part of his team, you are in-charge of handling the implementation of this new program. Discuss the scope for job analysis in this organisation. Give some examples, in the given context. (10 Marks)
Ans 1.
Introduction
Job analysis is how we identify and report specific job information. It is a required process to identify the organization’s advancement and growth scope. In this process, we need to choose the understanding, capacities, skills, and responsibilities of the job owner for effective performance in the details job. We must collect comprehensive information about the position to recognize the job owner’s performance associated with his profession. Gyan tutors restricted have decided to introduce a new program related to job analysis for its employees throughout all the branches, and I have the responsibility to handle the implementation of this It is only half solved
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Q2. Healthcare Hospitals is expanding its business from a 200-bed hospital to an 500-bed hospital. However, it needs to gather certain information for new job analysis. As their HR Consultant, explain in detail what information under different categories is required for job analysis. Add some examples for these different types of information. (10 Marks)
Ans 2.
Introduction
Job analysis can be specified as gathering and evaluating information concerning a specific job setting, such as the required everyday obligations, responsibilities, certifications, hard and soft skills, the interaction required, anticipated results, required physical abilities, working conditions, and nature of supervision. Among the most typical ways to use the results of a job analysis is for our job summaries. Still, the information and numbers can likewise be made use of differently
Q3. Pradeep is a fresher in a marketing firm. This is his first job and he was asked to make a presentation on the recruitment policy. However, he was quite confused with the different types of factors affecting recruitment methods. Therefore, he went to the HR department for more clarification. Help him answer the following questions:
- Explain to him what are the different internal factors affecting recruitment of a company.
Give examples. (5 Marks)
Ans 3a.
Introduction
Employees are a source to a firm; just these properties can be accomplished. Every company wishes to work with the best talent, which is possible with an effective employment plan.
Formulation and creation of recruitment plan managed by professional specialists from internal or outside the HR department, personnel workers, candidates, and commonly
- He was also quite curious about the external factors affecting recruitment plans in the organisation. Elaborate these with examples. (5 Marks)
Ans 3b.
Introduction
As discussed earlier, human resources are an essential part of any business as the efficiency of doing jobs decides the company’s future.
Let’s discuss outside factors that affect recruitment to the firm-
- a) Political, social and legal environment-The outside environment of business is also an
Operations Management
April 2023 Examination
Q1. List down briefly the various inventory management techniques prevalent in the industry. Discuss how some of these techniques would be applicable to an Educational Setup in effective management of their inventories; i.e Stationaries, Consumables, etc (assume several inventories of your choice). (10 Marks)
Ans 1.
Introduction
Inventory management can be specified as ordering, storing, protecting against, utilizing, and offering a company’s inventory. This involves managing elements, basic materials, finished products, and warehousing and processing. There are different sorts of inventory management, each with benefits and downsides, relying on the business’s demands.
An organization’s inventory is one of the most valuable properties. In manufacturing, retail, food solutions, and various other inventory-intensive industries, an organization’s input and finished goods are the core of its business
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Q2. What are various decision criteria for deciding a location for a business setup? Explain these decision criteria with reference to a location decision for setting up an automobile service shop (assume size of setup). (10 Marks)
Ans 2.
Introduction
Presently, incepting a start-up is the business proprietor’s goal and taking it to the elevation of success. Nevertheless, because we should start a business arrangement in our mind, we need initial thoughts to start.
The numerous points need to be figured out before plunging into a start-up business in our nation. In a land of varieties, many elements and factors enter play for the efficient running of the business. We may have innovative business ideas, yet it needs planning and implementation. We must figure out
Q3. A restaurant chain is planning to open up a new mid sized multi cuisine restaurant. Considering their expertise and knowledge in the food and beverages services, they are confident of getting into the new restaurant operation. You are required to suggest the team on the following points:
- What strategy would the restaurant adopt for an Aggregate Operation Plan of resources given a time frame of a year? (5 Marks)
Ans 3a.
Introduction
Simply put, business strategies determine how business targets contend in their specific field or sector. Simply put, a business produces a unique placement by beating its competitors.
Researching and understanding business strategies might be easy, but it is a lot more challenging when we attempt to determine which strategy would be best for our business. There are many
Qb. Discuss the concept of Q systems & P systems of ordering (5 Marks)
Ans 3b.
Introduction
Fixed Order Quantity System (Q System)
Q system means quantity system. In this getting system, a fixed quantity of supply is obtained whenever the supply or stock hand reaches the reorder factor. The fixed quantity of supply or raw material got each time is the economic reorder quantity. Whenever a new order arrives, the total inventory supply is maintained within the minimum and maximum limits. The fixed order quantity
Strategic Management
April 2023 Examination
Q1. Founded in 2011 and launched in 2013 in St Jose California USA, Zoom Video communications had made steady progress in the enterprise communications domain with a structured growth pattern, the company also received regular funding from venture funds and was listed on the New York Stock exchange in 2019. It was also the year in which Zoom hit profit territory, in December of 2019 Zoom had a total user base of 10 million; then, the pandemic struck, the user load of Zoom zoomed from 10 million to 300 million by January of 2020, as the pandemic wanes Zooms growth rate is slowing down as well, the drop in growth has seen its stock value plummeting in
- In a situation like this if you are the chief strategy officer of the company what plans would you make to acquire new customers. What would be your USP and how would you focus on the core business strategy to make the company more relevant for its consumers. (10 Marks)
Ans 1.
Introduction
Zoom video communications, Inc, usually called Zoom, is an American technology company. Its headquarters lie in San Jose, The Golden State. It aids us in getting in touch with our family and friends living much from us through video seminars. It is additionally made used professionally by several companies for online conferences. It has a high user base and is extra well-known among people than any other company. Its key uses are video calls, talks, voice calls, digital occasions, and getting in touch with facilities. It additionally allows a free platform for third-party designers to form and develop customized applications and a linked
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- You are the marketing director of ISL the Indian Super league which is India’s premiere soccer league ISL has added 16% growth of viewership in 2020 season over 2019 season but the league compares poorly with the 400 billion viewers delivered by the IPL in 2020. What strategies would you adopt to make ISL popular amongst consumers? Create a strategic plan with a 10-year vision. (10 Marks)
Ans 2.
Introduction
Soccer is no question preferred throughout the entire globe. It is delighted in by numerous individuals. Whenever there is a soccer world cup, many people visit the host country and enjoy and buzz the game. But sadly, in India, the fad of soccer is not that much. People do enjoy football, yet it is less popular. Soccer gamers are underpaid because there are fewer. Yet, with time, soccer is likewise obtaining appreciated, and players are getting renowned for their skill and game. It will take a while; however, individuals will be as captivated by soccer
Q3. You are the CEO of super events a successful event organization working with top movie stars and organizing one of the marquee events in the annual entertainment calendar. During the pandemic, your business was completely shut down. Post pandemic the business environment is opening again.
- As CEO of the company, what strategies would you evolve in ensuring your organization remains relevant in the post pandemic world? Evaluate and create the type of events your organization can get into to rebuild the business. (5 Marks)
Ans 3a.
Introduction
The Covid pandemic has hit the global economy very hard. Businesses have yet to have the ability to stand up to the pandemic. Many talks are taking place that the world economy is going into an economic downturn as the rising cost of living is already high in all the countries. Businesses must develop new strategies to help them through these challenging
- Create a blueprint for the diversifications your organization can adopt for expanding its business. (5 Marks)
Ans 3b.
Introduction
Business expansion is complex as it requires a considerable circulation of funds and an increased workforce. A company must create an appropriate strategy and execute it effectively to attain preferred