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Monday, 1 February 2021

NMIMS PGDBM APRIL ASSIGNMENTS 9967480770

 

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INTERNAL ASSIGNMENT APPLICABLE FOR APRIL 2021 EXAMINATION

 

Business: Ethics, Governance & Risk

1. Bangalore continuous to make provisions to recharge the car batteries of Reva, the electric car. The way it works is quietly making sense to the customers. According to you what are the ethical reasons for manufacturing and marketing such a product in a country like India (10 Marks)

2. All of us are being tracked and watched while we surf the net. The advertisers observe our surfing behavior and accordingly target their ads at us. You end up exposing your supposed needs unawares as someone is stealing data about your online surfing patterns. This kind of tracking and placing ads in the surfer’s path is known as contextual targeting system. What according to you is the inherent moral issue here, elaborate on it? What does law say about it. (10 Marks)

3.a. Rohan, a former employee of Ajax Ltd has taken the proprietary customer list of the company to his new company, UltraCon Ltd. According to you what are the options available to his immediate boss at UltraCon Ltd when Rohan offers this list.

3.b. What according to you are the three Key learnings/insights that you have acquired during the study of this subject that will help you navigate your professional life better.

 

Financial Institutions and Markets

1. “At base, financial literacy is inextricably connected to control over one’s future.” – Ann Cotton Enumerate Financial Inclusion. Discuss how it has helped the economy to progress.

2. Financial Regulation plays a vital role in the economy. Discuss the various financial Regulatory Institutions in India with their functions (10 Marks)

3. Ms. Sunita, after completing her graduation, has recently joined a bank. With a steady income now and good growth prospects for her career, she intends to save regularly and increase the amount of savings gradually over the years. Her colleagues in the bank have advised her investing in Mutual Funds (MFs), as a suitable option for her. However, Ms. Sunita is not at all familiar with MFs and has some queries such as:

a. What are mutual funds and why should she be investing through mutual fund? (5 Marks)

b. What are the various types of mutual funds? Prepare a detailed answer for her queries.

 

Organisational Behaviour

1. Highlight the contribution of Elton Mayo to the field of organizational behaviour. (10 Marks)

2. Based on your experiences at your workplace, exemplify the components of attitude. Elucidate the different types of job attitudes that you have come across. (10 Marks)

3. The project management team at Zenstar Technologies has 4 members. They just had a big setback and the team was asked to analyze the reasons for the same. Smita and Reyansh said that it was due to the client’s mistake. There was not much they could do. However, Dia and Aarav felt that if they had escalated the issues to the client on time, they could have avoided the project failure.

a. What aspect of personality is demonstrated by Smita & Reyansh and how is it different from the personality of Dia & Aarav? (5 Marks)

b. Explain the assessment tool developed by Julian Rotter & how does it apply to the given scenario?

 

Information Systems for Managers

1. Green IT (green information technology) is the practice of environmentally sustainable computing. Green IT aims to minimize the negative impact of IT operations on the environment by designing, manufacturing, operating and disposing of computers and computer-related products in an environmentally-friendly manner. As a digital consultant to a mid-size organization what approaches to Green computing will you recommend to this organization? What are the benefits an organization can reap by implementing green practices? (10 Marks)

2. Internet of Things (IoT), offers a multitude of benefits to the healthcare sector such as improving the effectiveness and quality of services. As a consultant to a private hospital who wants to embrace this technology (IoT) to help improve patient outcomes, what are the potential cyber security challenges that may impede the success of healthcare IoT for this private hospital that you will highlight to them? (10 Marks)

3. Big data refers to a large amount of information being digitized, consolidated, standardized, analyzed and modeled. In healthcare, big data uses specific statistics from a population or an individual to research new advancements, reduce costs, and even cure or prevent the onset of diseases. In recent years, healthcare data collection has moved into the digital realm, making analysis faster and more accurate.

a. What are the three characteristics of Big Data? (5 Marks)

b. What are the benefits and challenges of using Big Data in healthcare?

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Insurance & Risk Management

1. The life insurance penetration rate in India continues to be one of the lowest across the globe at 2.74 percent as per the latest annual report by the Insurance Regulatory and Development Authority of India (IRDAI). The life insurance penetration had gone up from 2.15 percent in 2001 to 4.60 percent in 2009. Since then, it has exhibited a declining trend up to the year 2019. In this context describe the need of privatization of Insurance Industry in India, with a perspective of past and current trends. (10 Marks)

2. Insurable Interest and Utmost Good Faith are the key principals of life insurance, but Principal of Indemnity is applicable only with Non-Life Insurance, explain by giving the example. (10 Marks)

3. Rajesh age 35, is working in a big corporate house as a Production Engineer, a sole earner to the family of 5 (Parents, wife and a 3-year-old daughter). He is earning Rs. 300,000/- PM as salary and company has also given him a rent-free house. The market rent of the same type of house is approx. Rs. 35000/- PM. Rajesh is planning to buy a House as an investment, you as a finance consultant to him, got to know that he doesn’t have any Insurance. He is having a family health insurance given by his company and having some investment in Mutual Funds for Rs. 7.50 Lacs.

As a consultant to him, please suggest him the right solutions for his family’s financial protection.

a. Please convince him that why he should have an Insurance on his life with using the example of his Human Life Value. (5 Marks)

b. Also Suggest him the right solutions for his family’s financial protection. (5 Marks)

 

International Banking & Foreign Exchange Management

1. ABC Bank was a domestic bank and was doing good in the Indian Market. The management of the Bank was planning to expand globally. As a manager of the Bank, prepare a short report on the strategies that would be required for successful internationalization which would help the Bank in achieving its objectives. (10 Marks)

2. Alpha Ltd was already listed in the Indian Market and had borrowed capital in the form of debt and equity. The company was planning to expand and have its presence in foreign countries as well. Suggest any five sources of funding from the international market which will help the firm to borrow in the currency desired. (10 Marks)

3. XYZ Ltd was planning to expand its business in foreign countries. The management wanted to understand if Foreign Currency Convertible Bonds(FCCB) could be a good source of funding by understanding the advantages as well as the disadvantages of the same. If you are the manger prepare a report on:

a. Various advantages if the company raises fund through FCCB (5 Marks)

b. Various disadvantages if the company raises fund through FCCB (5 Marks)

 

Treasury Management in Banking

1. Global Banking of today calls for an efficient, effective, and profitable Treasury unit in each Bank. Describe in your own words, the key objectives of a typical Banking Treasury unit and steps needed to be taken / practiced for remaining effective, efficient, and profitable.

2. Risk Management is one terminology that is widely used in the business of Financial Services. Relate the concept of Risk Management and types of risks in the context of Banking Treasury unit with examples (10 Marks) 3.a. Explain the concept of ‘Hedging’ with examples in both Foreign Exchange and Domestic Currency exposures of a typical Bank (5 Marks) 3.b. Explain the need for payments in a Bank’s Treasury unit and advantages / benefits of electronic funds transfer, Also, provide names of 3 Payment systems operating in India. (5 Marks)

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Services Marketing

1. You are hired as a consultant by the Service Marketing Institute of India, to give a short talk on the categories of Services so that people can clear their doubts. What aspects and elements would you share as a part of the talk (10 Marks)

2. As a consumer of a new service, how would you evaluate the service alternatives in the pre purchase stage? Would Product characteristics make a difference? (10 Marks)

3. ABC Ltd. is a company which deals with rendering multiple services to various corporate houses in Mumbai a. They are losing out to competitors as they are applying the same strategies to low contact and high contact services and are not able to differentiate amongst them. Can you guide them on the same? (5 Marks)

b. A consultant also suggested “The theatre metaphor” to help them improve and streamline their services but they are unclear about the same too. Can you guide them on the same? (5 Marks)

 

B2B Marketing

1. Assume you have joined a new company manufacturing & marketing aluminum extrusion products as a head of marketing. The company markets its products & has applications like control panels in electricity industry, water purification equipment, heat sinks for electronic equipment, as well as, door & window frames in building construction industry. Develop a suitable segmentation plan for the company. (10 Marks)

2. Large numbers of personal computers are purchased by educational institutions in India for use of their students. Identify the factors or criteria that may be used for evaluation & selection of a supplier. Which technique of supplier evaluation would you suggest & why? (You can make logical assumptions to identify the factors) (10 Marks)

3. Read the following Case & solve the questions given:

A machine-tool manufacturing company wants to give a choice to its business customers of outright buying or leasing its newly developed CNC (Computerized Numerical Control) machines. The company has different ways of making leasing arrangements with CNC machines & is looking for an appropriate deal with CNC. As a Marketing head, suggest on the questions.

a. What should be the pricing strategy for these new machines (5 Marks)

b. Should the company go on lease or should opt for buying options of machines assuming that the cost of machines is very high. Justify your reason. (5 Marks)

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Brand Management

1. A leading FMCG player is focusing on the management of its brand portfolio. It intends to leverage the market by focusing on brand extension. As a brand manager strategize a suitable brand extension strategy with appropriate justification (10 Marks)

2. Assume any new product launch in hospitality industry & create a positioning strategy for the brand keeping in mind its target audience & the services offered (10 Marks)

3. Read the following Case & solve the questions given:

Polar industries launched COOL CATS ceiling fans decorated with cartoon characters, meant primarily for children. The company got a noted singer to do the promotional video & conducted a door to door promotion campaign. Polar spent substantial sums of money on advertising & marketing. The pricing of the product was justified to ₹1200 & made metro towns as its target market. Despite of all this, COOL CATS sold barely a few thousand pieces. Polar investigated why the sales did not take off.

Questions:

a. In which elements of marketing mix of cool cats ceiling fans did Polar industry go wrong? Justify you answer with logical assumption (5 Marks)

b. If you were appointed as a Brand Manager, what suggestions would you give to polar industry to increase the sales of COOL CATS fans? (5 Marks)

 

Corporate Social Responsibility

1. As a consultant to a company that is in online education, suggest any five CSR activities that the company can provide to the society. (10 Marks)

2. Explain various stakeholders and the responsibilities towards them for the company that manufactures steel. (10 Marks)

3.a. Explain carol’s definition with reference to any company of your choice. (5 Marks)

3.b. Explain various steps involved in implementation of CSR for a company that sells computers and laptops. (5 Marks)

 

Customer Relationship Management

1. As a consultant to a new private bank, you have been asked to study the Indian Banking Industry and critically analyse the changes that took place in the relationship practices of this industry. How would this study be effective in implementing the CRM system in the new private bank (10 Marks)

2. Look at the current CRM practices and solutions offered by one of the leading telecommunication services providers ‘Airtel’. Enlist their competitive advantages vis-à-vis other telecom service providers in the Indian market. Comment on the evolution of CRM practices of Airtel in the past 5 years. (10 Marks)

3. The OTT sector in India witnessed a 30% rise in the number of paid subscribers, from 22.2 million to 29.0 million between March and July 2020. If you were appointed as the India Head as Customer Engagement Manager for Zee5 app;

a. What customer relationship management strategy would you devise on the basis of Segmentation & Selection. How would you implement the same given the fact that the competition is intense in the OTT space? (5 Marks)

b. Create a customer profile based on the information provided in the brief given above. (5 Marks)

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Integrated Marketing Communication

1. Hamdard Laboratories (Medicine Division) has launched a mobile health van initiative to offer free health consultation and Unani products. If you were the Chief Marketing Officer of this novel initiative what advertising research you and your team would have conducted? What would be the possible outcomes of the research to maximize the reach? Clearly identify the target audience. (10 Marks)

2. How would a marketer apply 5M’s of advertising & DAGMAR model to Junglee Rummy India’s most trusted online rummy platform which boasts of projected user base of more than 20 million (10 Marks)

3. Prepare an Integrated Marketing Communication Plan for ITC’s Fiama Gel Bars’

a. Identify the target audience and the various mediums of advertising. (5 Marks)

b. How much advertising budget would your marketing team allocate to the various medium? Justify the same. How would you measure the efficacy of the campaign? (5 Marks)

 

International Marketing

1. As a consultant on International Marketing, can you explain the concept of the Global Consumer to Indian Brands wanting to venture to other countries? Use Hofstede’s 5 dimensions of National Culture to explain the same (10 Marks)

2. ABC Ltd. is planning to come out with a new innovative product in the market to tackle the mayhem caused by Covid 19 and boost immunity but they are unsure whether people will accept the innovation. Can you please guide them about the adoption process of a new innovation using the help of diffusion theory? (10 Marks)

3. XYZ Ltd. is planning to enter a new geographical market with their brand of Chawanprash. But they are worried about IPR issues in a foreign land

a. Can you please give them some idea about Licensing and Trade Secrets with respect to their product (5 Marks)

b. Can you share your guidance on IPR and how can they be protected? (5 Marks)

 

Marketing Research

1. As a researcher, you need to identify as to how many Supermarket stores in Chennai sell ITC’s Ready-to-Dine Gourmet Delight Range. Which non-probabilistic sampling method would you use to complete your research? Also state the reasons behind choosing that method. Also explain as to how you will proceed ahead with choosing the areas / localities in Chennai to conduct your research along with timelines. (10 Marks)

2. You are the Head of a Market Research Organisation. Your FMCG client Hindustan Unilever has recently introduced “NatureProtect,” a new type of surface disinfectant owing to Covid-19 pandemic. The FMCG company wants to understand how customers are reacting to their recently launched product in South India. Draft a Questionnaire containing not more than 20 questions that would succinctly address the query posed by the FMCG client. (10 Marks)

3. You have been recently appointed as a “New Product Development” Head for Patanjali India. You have been asked to develop 2 new innovative products namely Hand Sanitiser & Vegetable & Fruits Cleaning Liquid Solution as part of their product portfolio.

a. Explain the process in detail to arrive at the creation of your 2 new products (5 Marks)

b. Is there a need to conduct Test Marketing? If Yes or No, please state your reasons to support your answer. (5 Marks)

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Marketing Strategy

Case Study: Emirates Dates Arabs call dates the fruit of paradise. Dates are one of the highest-calorie-density fruits, and they are an excellent source of minerals and vitamins. Back in the 1988, the Emirates Dates Factory was mainly a dates farm owned by Abdullah Al Shamsi. The farm produce has incrementally grown to the extent that it exceeds the family needs. Realizing the opportunity of supplying the surplus of his dates to the nearby market, he started the dates’ factory. The Emirates Dates factory was then established in 1989 as a sole proprietorship by Abdullah Al Shamsi with the mission of becoming a market leader in date products in the UAE and within the Arab region. The factory started as a small and medium enterprise as the total staff which includes skilled and non-skilled laborers are less than 100 employees, although they hire extra temporary labourers every season to complete the planting and harvest work on time. The factory had a good start due to the support from the UAE Government. Although the focus of Emirates Dates products has traditionally been the local markets of UAE and its neighbouring countries, the company regularly participates in world exhibitions. The company competitive positioning has been its quality products despite its limited product portfolio. Emirates Dates used a dual distribution channel in marketing its products in the UAE through its showroom in Dubai or using the major retail chains such as National Cooperation, Carrefour and Lulu supermarkets. Strategic Dilemma: The company realizes that the demand for dates continues to be high. While Emirates Dates believes they could fulfill this demand, competition is intense in the current UAE market and other regions. The firm is also confident that it could produce new products related to dates that are not offered by the mainstream date producers. However, this strategy requires investment in research and development. The company expects with the new offerings, it would be able to charge a premium price to its customers in the UAE and elsewhere which would contribute to their overall revenue.

Despite the favourable outlook Emirates Dates is quite skeptical towards consumer acceptance of the new dates products as dates are typically eaten raw. Therefore, the company needs to conduct a market research to gain insights regarding consumer behaviour and their attitudes regarding the proposed new dates “derivatives”. In winter 2020, after a thorough cost and benefits analysis, the management of Emirates Dates has reached an impasse where the pros and cons of market development strategy weigh similarly to the product development strategy. Neither strategy would be easy for Emirates Dates. However, the company realized that the next 5 years are critical for the company’s growth and with the industry’s growth, the firm does not wish to be left behind in the lucrative market. Being the founder and owner the business, Al Shamsi needs to make an important decision now.

1. Which strategy do you think should the founder of the company Emirates Dates should pursue namely Market Development Strategy or Product Development Strategy. Provide your own justifications behind your choice of response. (10 Marks)

2. Which strategy of Porter’s generic strategies would you prefer to choose once you have responded to Question 1 above. State reasons to justify your choice. Which customer segments would you target? (10 Marks)

3. Assuming that you decided to enter into India to market Emirates Dates, then a. Which unique strategies would you pursue to make sure that your brand becomes a success in India? (5 Marks)

b. Would you prefer to have your own exclusive outlets or partner with a Distributor in India to ensure higher market penetration? Share reasons behind your choice. (5 Marks)

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Sales Management

1. Post the Covid Outbreak, Philips plans to launch a new range of electronic hygiene product in India. Can you guide them about how can they use the AIDA Model in order to enhance their sales? (10 Marks)

2. You are hired as a trainer to make the new sales team at Godrej Sara Lee understand the Process of Sales. Can you please explain the same? (10 Marks)

3. Tata group has just launched a new ethic wear brand Taneira and have hired you as a consultant

a. Explain the distribution policies that they need to design? (5 Marks)

b. Explain the Pricing policies they need to design? (5 Marks)

 

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