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INTERNAL ASSIGNMENT APPLICABLE FOR SEPTEMBER 2019
EXAMINATION
Essentials of HRM
1. Discuss the process
of induction (not a traditional one) being followed in any organisation. (It
should not be the traditional way of induction, please cite only those which
are different from traditional methods)
2. Kiara Enterprises is
a very small organisation dealing with export rejected clothing. They are
growing slowly but steadily. Kiara, the owner now wants to expand it a bit more
and hence opts for Human Resource planning. It is advised to them to go for
qualitative methods for demand forecasting as they have limited funds. Discuss
all three qualitative methods of demand forecasting. Conclude by suggesting the
best method suited for Kiara’s organisation.
3. Swati and Prashant
are both working as sales managers. Swati was chosen for Assessment Centre
whereas Prashant for Development Centre, of which they were not clearly aware.
Few months later Swati got promoted which agitated Prashant as he thought his
performance was also good. Prashant went to the HR head to discuss the same. In
context of the case answer these questions:
a. Explain to Prashant
why Swati got promoted.
b. Explain to Prashant
what a Development Centre is.
Strategic Management
M/s Swadeshi is
planning to start up a new business for Indian traditional clothes. The product
will be sold online and there will be few retail outlets in major metro cities.
The founder Mr. Ashish is of the opinion to do a detail and through market
scanning before entering into the market.
Mr. Ashish appoints you
as a consultant for M/s Swadeshi that deals in manufacturing and selling
clothes online and offline stores. The company plans to give competition to
brands like Manyavar and Mohey. The company plans to provide quality product at
lower price. The company plans to save lot of cost because of online selling.
The website URL is www.swadeshi.com. The Company differentiates itself by
selling only Indian Traditional clothes for all age groups.
1. As a consultant you
have been asked to prepare a STEEP analysis report and present the findings to
the top management.
2. Analyze the business
www.swadeshi.com from Porter’s approach to industry analysis perspective.
3. Answer the below
questions:
a. Prepare a SWOT
Analysis for www.swadeshi.com.
b. Explain any two
types of forecasting techniques that company should use for
analyzing future
demand. Explain the same with reason.
Business Statistics
1. What is sampling
distribution? An automobile manufacturer claims that a particular model gets 28
KM per liter of petrol, but the Environmental Protection Agency, using a sample
of 50 automobiles of this model, finds the sample mean to be 26.8 km/ltr. From
previous studies, the population standard deviation is known to be 5 km/ltr.
Could we reasonably expect (within 2 standard errors) that we could select such
a sample if indeed the population mean is 28 km/ltr? Justify.
2. Raj studios a
Tollywood casting company, is selecting a group of extras for a movie. The ages
of the first 30 men to be interviewed are.
50
56
55
54
55
61
49
52
57
60
51
59
56
57
56
62
52
54
55
49
52
61
60
51
57
56
59
52
54
49
The director of the
movie wants men whose ages are grouped around 50 years. The director suggests
that a standard deviation of 3 years would be acceptable. Does this group of
extras qualify to the director’s requirement?
3. Historically, diesel
has mostly been cheaper than petrol in South Africa, though this has not always
been the case, and not a trend seen around the world. One of the key
differences in the pricing of diesel versus petrol, is that diesel prices
reflect wholesale prices, not the price you would pay at the pumps. For
example, the wholesale inland diesel price for August was at R10.96 at the
beginning of the month, while Caltex’s retail version – Caltex 50 diesel with
Techron – sells at R11.33 per litre. Over the past decade, both the petrol and
diesel prices have seen some significant fluctuations, but petrol (95 grade)
has seen the biggest overall increase, having jumped 75.4% since 2006.
The graph and table
below show how the prices have changed year-on-year, between August 2006 and
August 2016.
Year Petrol-Unleaded 93
Petrol-Unleaded 95 Diesel 0.05%
2006
R6.92
R7.04
R6.54
2007
R6.88
R7.01
R6.51
2008
R10.20
R10.40
R11.27
2009
R7.52
R7.69
R6.65
2010
R8.02
R8.17
R7.38
2011
R9.91
R10.09
R9.30
2012
R10.83
R11.04
R10.25
2013
R13.32
R13.55
R12.48
2014
R14.08
R14.33
R12.84
2015
R13.01
R13.26
R10.94
2016
R12.08
R12.35
R10.96 Source:
Department of Energy; Inland prices, August The fuel price is affected by two
major components: the global oil price, and the currency exchange rate between
the rand and the dollar. Between 2014 and 2016, fuel prices (both diesel and
petrol) have shown a year-on-year decline, boosted by a much lower global oil
price, which has dropped below $50 a barrel, with little hope that it will
balloon past that level in the near future. However, much of the benefit
delivered by lower oil prices has been undone by weakness in the rand – brought
about by a struggling economy, poor growth policies and a number of political
scandals involving president Jacob Zuma. a. Explore the trend in the petrol
price (for both unleaded 93 and unleaded 95) using regression trend analysis.
Using the data, forecast the petrol price for 2017, 2018 and 2019.
b. Explore the trend in
the diesel price using regression trend analysis. Using the data, forecast the
diesel price for 2017, 2018 and 2019. Out of the three regression models, which
model is the strongest in predicting the fuel price?
Financial Accounting & Analysis
1. A dealer of Mobile
TV has the following items in inventory as on March 31,2018
PLEASE FIND THE TABLE
BELOW
Item Quantity Cost
Price per unit Market price per unit Nokia 50 100000 98000 Samsung 70 88000
90000 Sony 100 120000 115000 Motorola 80 75000 76000
Discuss the accounting
standard which talks about inventory valuation. Also, find out and define the
overall value of inventories as per the applicable accounting standard.
2. Define and Discuss
the concepts of prepaid expenses and outstanding expenses and their impact on
the income statement and Balance Sheet of an Entity? In case of firm A which
largely has the balance of prepaid expenses and another firm B which largely
has the balance of outstanding expenses, what does this reflects? Discuss
3. a. A logistics
company sold a car of Rs 2.5 lacs. The company had purchased the car three
years back for Rs 10 lacs and had depreciated the same using straight line
method of depreciation, assuming its useful life to be five years and a
residual value of Rs77760. Calculate the WDV after charging depreciation for
third year, accumulated depreciation for three years and profit on sale, if
any. (5 Marks)
b. Consider the
following transaction pertaining Ammar’s business-
1. started business
with cash Rs 3 lacs
2. Purchased goods for
cash Rs 1.2 lacs
3. purchased goods on
credit Rs 60000
4. purchased furniture
for cash Rs 20000 5. deposited RS 50000 in the bank
Perform transaction
analysis for each transaction undertaken and present accounting equation for
these transactions.
Business Law
1. Explain the
mechanism of a Digital Signatures which is recognized under the Information
Technology Act, 2000 and state at least two (2) of its applications (10 Marks)
2. Explain in details
two (2) real-life instances of Anti-Competitive Agreements which have been
prohibited by the Competition Commission of India. (10 Marks) 3. Abhay and
Seema have entered into a commercial agreement to license content. However,
Abhay did not deliver the content to the satisfaction of Seema. Hence, there
are disputes arisen between Abhay and Seema. Abhay and Seema do not want to go
through a protracted litigation process in Indian courts. Can you advise them
on:
a. What should be done
to conduct an arbitration between Abhay and Seema to resolve their disputes (5
Marks)
b. The difference
between Arbitration, Conciliation and Mediation? What is the advantages and
disadvantages of each of these (5 Marks)
Marketing Management
M/s Tikhalal sells
pickle and spices across the country and wants to enter into the international
market. The company is known for their quality ingredients. The company sells
the product at higher price but customers don’t hesitate to pay the price as
the quality is premium. Their brands Mr. Tikha, Mr. Hara, Mr. Laal, which are various
pickles and spices are a hit brand in the Indian Market. The company has
decided to enter in US Market as it has a major market for Indian pickles and
spices.
1. Explain various
Micro and Macro environment factors that the company should analyze before
entering into the international market. Explain the points with reason.
(10 Marks)
2. The company is
planning to take Mr. Tikhalal online in India. Explain various ways to promote
the brands of pickles and spice on Social Media Platforms.
(10 Marks)
3. M/s Tikhalal is also
planning to sell paapads with the brand name Mr. Crisp. The company is planning
to sell papads at a price higher than its competitors. The company also plans
to launch various variety of papads with different shapes and sizes.
a. How should company
segment the consumer market for Paapads? (5 Marks)
b. To introduce the
product in the market what are the various sales promotion techniques that should
be used for the brand Mr. Crisp? (5 Marks)
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