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Friday, 20 September 2019

NMIMS DEC 2019 SOLVED ASSIGNMENTS


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INTERNAL ASSIGNMENT APPLICABLE FOR DECEMBER 2019 EXAMINATION

Organisational Behaviour
1. Arjan is an employee who is never on time for work or meetings. He has been issued several warning memos but in vain. The management is not able to take stringent action against him as he is very good at his work and is one of the top performers. As his reporting authority you still feel that he should respect time and be disciplined. From the different elements of reinforcement which one should his manager choose to get the desired behaviour? Conclude by giving why it (the one which you chose) is the best suited.
2. Choose one Asian and one European country. Compare and contrast communication in their cultures.
3. Krabi Textile is going online from retail mode as the management feels that it is the need of the hour to be present in the digital space. People are resisting this change and you are the one chosen as the leader by the management to lead in this tough time.
a. What all people skills would be required by a leader to be effective in such times?
b. How would you differentiate between being a manager and leader?

Management Theory and Practice
1. M/s Paper Write Corporation deals with the manufacturing and selling of paper bags. The company has started this business looking at the opportunity that exists, after plastic was banned by the government in some states. The company has never used any modern day management practices and the business continues to function in the traditional way. Mr. Ajay has been appointed as a Manager to handle the overall functioning of the business. He notices few things in the company:
a) One person reporting to three bosses
b) No specialized worker in the factory
c) Long hierarchy to get any approval
d) No following of rules and regulations
e) No designated place for inventory, tools, equipment’s, etc.
f) The team work among employees is missing.
Advise Mr. Ajay any five of Henry Fayol’s principles which can solve the problems mentioned above. Explain the same with description.
2. M/s Paper Write Corporation problems don’t seem to end. The company doesn’t use modern day technology in the departments. Some observations made by Ajay are:
a) The company uses register for employee attendance.
b) The company has a manual process of writing entry in the books of accounts.
c) The leaves are applied on paper which has a lengthy process of approval.
d) All the orders are sent through hard copies to the suppliers.
e) The inventory management is not practiced effectively due to the lack of usage of technology.
Advise any 5 modern day technologies which will make the system more productive and effective. Explain the same with description.
3.a. There is no motivation among employees and workers in the organization. How will you motivate the employees and workers of M/s Paper Write Corporation?
3.b. Explain the style of leadership that will be suitable for M/s Paper Write Corporation. Elaborate on the choice of leadership selected.

Information Systems for Managers
1. The healthcare space inundated with the presence of 4, 00,000 apps approximately which are involved in monitoring and improving user’s health. These apps monitor user’s health data like calorie intake, physical activity, heart rate, blood pressure, sleep patterns and various other parameters. With the help of these self-monitoring apps users get more personalized information and are capable of transforming how healthcare will be delivered to them. Healthcare industry is embracing analytics to improve disease prevention, increase the accuracy of diagnoses, provide safe medications, and make treatments more effective. Give examples how different stakeholders in the healthcare industry use analytics (Healthcare professionals, healthcare providers, pharmaceutical companies and government).
2. Fresh milk startup Country Delight has raised $7-10 million in a Series B funding round led by venture capital firm Matrix Partners. The company claims to source milk directly from the farm, eliminating the middle men and allowing farmers to earn a premium. It also invests in cold chain and quality testing infrastructure at the farmer’s location. The company offers other milk-based products including paneer, curd and ghee through its mobile app. How do you think technology can help this startup in improving the dairy supply chain from process management to tracking products and deliveries?
(Source: https://www.livemint.com/companies/start-ups/country-delight-raises-funding-in-round-led-by-matrix-partners-1548182312046.html)
3. The northern Spanish city of Santander has become the testing ground for "smart cities" around the world. Smart Santander is a smart city experiment aimed at improving the quality of life, reducing energy consumption and engaging its citizens in civic duties. The city implemented wireless sensor networks and embedded 10,000 sensors on its streets and municipal vehicles to monitor garbage collections, crime air quality and manage street lighting for better energy efficiency. The Santander Smart City platform allows to integrate all the information of the different municipal services and thousands of sensors deployed by the city. The latter devices collect multiple data: from air quality, noise or temperature to which parking lots are free or occupied on different streets or when it is necessary to water a particular park or garden. For example, buses have sensors at the top that allow to know the level of pollution in different areas of the city. They have also been installed on street lamps and walls inside small white boxes in order to measure noise, temperature or brightness. Multiple devices installed on the ground monitor how many cars are parked in certain streets while different information panels indicate the free places in a given area to park the car. Even paper containers and containers have volumetric measurement sensors that indicate how full they are. This information is especially valuable when planning collection routes, which may vary according to needs. As garbage trucks are also intelligent, it is possible to monitor their travel and activity. Source: (https://elpais.com/tecnologia/2019/07/17/actualidad/1563371290_289881.html)
a. What are the benefits of a smart city? Considering the dark side of smart city are you sceptical to the benefits of a smart city.
b. What are the potential cybersecurity challenges faced in a smart city with data being collected in this way?

Business Economics
1. Calculate the following:
Quantity
Total Fixed Cost
Total Variable Cost
Total Cost
Average Cost
Marginal Cost
25
10
18
?
?
?
26
10
20
?
?
?
27
10
21
?
?
?
2. “Determinant of demand are the important factor which influences the decision of the consumers to purchase commodity or a service”
With respect to the above statement discuss any 5 determinants of the individual demand.
3 a. Suppose the monthly income of an individual increases from Rs. 10,000 to Rs. 15,000 which increases his demand for clothes from 20 units to 25 units. Calculate the income elasticity of demand and interpret the result.
b. Quantity demanded for tea has increased from 100 to 160 units with an increase in the price of the coffee powder from Rs. 40 to Rs. 50. Calculate the cross elasticity of demand between tea and coffee and explain the relationship between the goods.

Marketing Management
“Balwaan Gyms and Akhadas” is a new enterprise started by two young fitness freak entrepreneurs Mr. Balraj and Mr. Balbuddhi. Balwaan Gyms and Akhadas is a chain of gyms with a vision to make everyone healthy. The company has already opened 15 Gyms and Akhadas across five cities namely Mumbai, Bangalore, Pune, Delhi and Kolkata.
The gym has all modern facilities and amenities like 24*7 security, convenient parking, flexi hours, group Classes on fitness, Personal Training, Private restrooms for males and females. The most unique thing about Balwaan is that it also has all Indian style akhadas where
traditional body building is taught. Balwaan’s every store has a healthy cafĂ© where they serve traditional healthy food and drinks at extra cost.
The membership fees for the same is 24,000 per annum without a personal trainer.
The company has been relying only on word of mouth for yearly memberships. The company has not undertaken any marketing promotion campaigns for the same. The company is falling short of its expectation when it comes to membership and revenues.
Assume the company has hired you as a Marketing consultant and they want you to advise them on the following issues:
1. List and discuss the major bases for segmentation of consumer markets. Explain the four variables in detail for Balwaan.
2. How will you promote the Brand Balwaan Gyms and Akhadas online? Explain five platforms that you will use to promote the same.
3.a. Explain various levels of product with reference to Balwaan Gyms and Akhadas.
3.b. Which celebrity will you select as a brand ambassador for the Balwaan Gyms and Akhadas? Explain the choice of your celebrity with five reasons.

Financial Accounting and Analysis
1. Wildcat Ltd, a manufacturing company sold a machinery for Rs 8 lacs at the year end. The company had purchased the machinery four years back for Rs 15 lacs and had depreciated the same using written down value method of depreciation @ 20%. As an accounts executive of Wildcat Ltd, calculate the WDV of the asset for the four years, accumulated depreciation for four years and profit/loss on sale, if any.
2. Mr. Shil Wants to record the financial transactions of his newly started business. Discuss what accounting steps/stages he need to adhere so that the transactions can be duly recorded and processed in order to prepare the financial statements.
3 a. Following information is available in respect of a company named, as Beta Ltd
Particulars
Amount
Profit before taxes
Rs 50 lakhs
Dividend declared per share
Rs2
Price of the share prevalent on stock exchange
Rs 200
Applicable tax rate
35%
Share capital of company 5 lakh shares of Rs 10 each
Calculate-
 Earnings per share
 Dividend Pay-out Ratio
 Price earnings ratio
b. Prepare the cash flow statement from investing activities of Alpha Creative Ltd for the year ended March31, 2019
Particulars
Amount
Plant acquired
160000
Claim received for loss of plant in fire
45500
Unsecured loans given to subsidiaries
595000
Interest on loan received from subsidiary companies
72500
 Also give reasons for the classification of above activities as inflow /outflow

Strategic Management
1. You have been appointed as a Strategy Consultant to a Swiss shoe making brand namely “Bally” wanting to enter India. Which one of Porter’s Generic Strategies would you choose to be operational in India & explain the reasons in detail behind your choice of strategy? Once the strategy has been chosen, explain the categories of customers you would target?
2. UNIQLO is a Japanese casual wear designer, manufacturer and retailer that wishes to enter India’s Retail market. Conduct a PESTLE analysis for Uniqlo in India & suggest whether Uniqlo should enter India or otherwise.
3. You are the Chairman of Isuzu Motors in Japan. Your Indian subsidiary Isuzu India has managed to gain only under 2% of the market share so far & Competitor brands such as Maruti & Hyundai account for 50% & 17% of the market shares respectively.
a. What turnaround strategies can you suggest to arrest the decline of revenues & profitability of your company?
b. In your opinion, would it be considered appropriate to pursue a Combination Strategy? State your response with appropriate justifications & reasons.

Business Statistics
fixed acidity volatile acidity citric acid residual sugar chlorides
7.4 0.7 0 1.9 0.076
7.8 0.88 0 2.6 0.098
7.8 0.76 0.04 2.3 0.092
11.2 0.28 0.56 1.9 0.075
7.4 0.7 0 1.9 0.076
7.4 0.66 0 1.8 0.075
7.9 0.6 0.06 1.6 0.069
7.3 0.65 0 1.2 0.065
7.8 0.58 0.02 2 0.073
7.5 0.5 0.36 6.1 0.071
6.7 0.58 0.08 1.8 0.097
7.5 0.5 0.36 6.1 0.071
5.6 0.615 0 1.6 0.089
7.8 0.61 0.29 1.6 0.114
8.9 0.62 0.18 3.8 0.176
8.9 0.62 0.19 3.9 0.17
8.5 0.28 0.56 1.8 0.092
8.1 0.56 0.28 1.7 0.368
7.4 0.59 0.08 4.4 0.086
7.9 0.32 0.51 1.8 0.341
8.9 0.22 0.48 1.8 0.077
7.6 0.39 0.31 2.3 0.082
7.9 0.43 0.21 1.6 0.106
8.5 0.49 0.11 2.3 0.084
6.9 0.4 0.14 2.4 0.085
6.3 0.39 0.16 1.4 0.08
1. For the data on 26 red wines given above, conduct the following analysis:
i. Provide five-number summary i.e. the minimum, 1st quartile, median, 3rd quartile and maximum value for fixed acidity. Arrange them in increasing order on a straight line, draw a box plot and interpret what it means.
ii. Calculate the correlation coefficient between fixed acidity and volatile acidity and between residual sugar and chlorides. Comment on the strength and direction of association for the two variable pairs.
iii. What can be stated about the cause-effect relationship between fixed acidity and volatile acidity, based on the correlation coefficient score?
2. For the data in the table below:
i. What do high kurtosis and skewness figures denote?
ii. Free Sulphur dioxide and total Sulphur dioxide have mean, median and modes that differ substantially from each other. What can you infer from this?
iii. By looking at the descriptive stats of the variables, identify two that may be closest to being normally distributed. Why?
Desc Stats fixed acidity volatile acidity citric acid residual sugar chlorides free sulfur dioxide total sulfur dioxide density pH sulphates alcohol
Mean 6.85 0.28 0.33 6.39 0.05 35.31 138.36 0.99 3.19 0.49 10.51
Med 6.80 0.26 0.32 5.20 0.04 34.00 134.00 0.99 3.18 0.47 10.40
Mod 6.80 0.28 0.30 1.20 0.04 29.00 111.00 0.99 3.14 0.50 9.40
SD 0.84 0.10 0.12 5.07 0.02 17.01 42.50 0.00 0.15 0.11 1.23
Kurt 2.17 5.09 6.17 3.47 37.56 11.47 0.57 9.79 0.53 1.59 -0.70
Skew 0.65 1.58 1.28 1.08 5.02 1.41 0.39 0.98 0.46 0.98 0.49
Range 10.40 1.02 1.66 65.20 0.34 287.00 431.00 0.05 1.10 0.86 6.20
3. Lok Sabha in India is to discuss a key constitutional amendment, and there will be four rounds of voting. In each round of voting, assume that the ruling party has a 60% chance of winning, i.e. getting the resolution passed by majority vote. Further assuming that the voting rounds are independent of each other, what is the probability that:
a. The ruling party will win 0 rounds, 1 round, 2 rounds, 3 rounds or all 4 rounds of voting?
b. The ruling party will win at least 1 round?

Essentials of HRM
1. Kanye Apparels Pvt. Limited is a home grown brand. It has come long way from being a family business to a mid-sized organisation. Traditionally they always believed in appraising employees through checklist method. Recently many employees have come out being very vocal about their displeasure on the traditional way of appraisal and feel it is an unjust way of assessing them. You have been hired as a consultant to propose a new appraisal system. Also, conclude by justifying your selection for the choice of appraisal method.
2. Alaya infrastructure is a small sized organisation having 150 employees. The organisation never had a formal induction training. You are their first ever HR Manager and you strongly feel the need to have induction training. You are asked to present the concept and need for induction training to senior management. Conclude by emphasizing on the importance/advantages of induction training.
3. A web content creation organization name Natika which is into humor based content is expanding and wants to hire a social media intern. Advertisement has to be placed for the vacancy. Based on this
a. Write a job description for social media intern for the above organisation.
b. Write job specification for the above profile.

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
2. Explain in details two (2) real-life instances of Anti-Competitive Agreements which have been prohibited by the Competition Commission of India.
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
b. The difference between Arbitration, Conciliation and Mediation? What is the advantages and disadvantages of each of these.

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YOU MAY CALL US ON - 7506193173
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