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Saturday, 27 March 2021

NMIMS PGDBM JUNE 21 ASSIGNMENTS 9967480770

 

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INTERNAL ASSIGNMENT APPLICABLE FOR JUNE 2021 EXAMINATION

 

Brand Management

1. Steve Forbes, editor in chief of Forbes Magazine has said that brand is the single most important investment one can make in their business and creating strong brands should be the ultimate aim of any business. There are many companies that have been successful in creating strong iconic brands. Colgate, Maggie, Starbucks, Dettol, and Royal Enfield Bullet are strong brands in their respective product categories. Study the above brands and identify the common points these brands have adopted to grow into strong brands. (10 Marks)

2. Pro Kabaddi League (PKL) has revolutionized the indigenous sport of kabaddi and positioned it as an aspirational sport for both players and fans. PKL is a trailblazing initiative by Mashal Sports Private Limited and Star India Private Limited. They have jointly worked towards elevating the sport of kabaddi to an international standard and have infused new life into the sport by bringing it to the major metropolitan cities of India. The bid prices for players have increased tenfold and sponsors are queuing up to sponsor the league. The league has witnessed tremendous growth since its inception in 2014. PKL has grown to become the second most watched league in India on television. PKL is backed by the Amateur Kabaddi Federation of India (AKFI), and supported by participating members of the International Kabaddi Federation (IKF) and the Asian Kabaddi Federation (AKF). What are the branding and marketing challenges PKL has successfully cracked to galvanize the resurgence of Kabaddi into an aspirational, world class brand with a remarkable fan following? Critically evaluate the role of brand marketing programs in the success of PKL. (10 Marks)

3.a. Walter Landor is a renowned brand designer and founder of brand consulting firm Landor. He says, “Products are made in a factory but brands are created in the mind”. Explain his statement with examples from service and pharma’s sector in India. (5 Marks)

3.b. VIVO is back as Indian Premier League (IPL) title sponsor for 2021 season. Choose a popular event and identify its sponsor. How the sponsor/sponsors are building brand equity with their sponsorship? Is the sponsorship integrated with other marketing communications?

 

Customer Relationship Management

1. ‘A service industry has a high customer interface.’ As a marketing manager of Ginger Hotels (an Indian budget hotel chain, part of Indian Hotels Company Limited, a subsidiary of the Tata Group), explain to the management as how the CRM implementation will help your hotel in enhancing its quality of service. What are the factors you will keep in mind for the successful implementation of CRM systems and processes at Ginger Hotel? (10 Marks)

2. Retention of customers not only develops business but also the profitability of a company. You have joined as a relationship manager at ICICI Bank. The bank has number of products such as consumer banking, home loans, car loans, mortgage, life insurance, general insurance, etc. You have been provided with the database and account details of the high net worth individual (HNI) customers. How are you going to enhance the total spending of a customer with regard to a particular product or services of the bank? (10 Marks)

3.a. Will an operation oriented company like Big Bazaar benefit by practicing CRM integration? Explain with reasons. (5 Marks)

3.b. “The spending on IT infrastructure and CRM software involves high investment while generating long-term rewards that cannot be quantified in revenues’. Do you agree with this statement, and if so, why?

 

Organisational Theory, Structure and Design

1. Health Healers is a generic drug manufacturing company with state of art infrastructure and presence in 120 countries across the globe. Organizational effectiveness is one of the major focus for the top management at health Healers. The management is looking at moving from a traditional approach defining effectiveness to a more contemporary approach. Which approaches will they focus on and what effectiveness measures will they consider in this process? (10 Marks)

2. In an Organizational Culture survey undertaken at Spartan Infotech, one of the key concerns that emerged were the low scores on the fairness parameters. Employees at Spartan believed that managers played favorites and the overall organization culture was infested by politicking and backbiting. The Chief Human Resource Manager was asked to explain what the major reasons for such a perception could be and what could be the key strategies that managers can followed to manage political behavior. (10 Marks)

3.a. Dynamic Cars is a new age car manufacturing company that wants to venture into electric car manufacturing. The management plans to use the PESTLE model to undertake the external environmental analysis. Discuss the PESTLE model with respect to the current realities for companies entering electric vehicle manufacturing. (5 Marks)

3.b. What are some of the barriers in creating diverse organizations? Explain some strategies that can be adopted for creating and managing Organizational Diversity Effectively.

 

Compensation & Benefits

1. Mr. Roy is the HR manager of your organization. He does not understand the need for job descriptions when the company periodically restructures its operations and activities, including frequent changes in product lines. In fact, the company recruits multi-skilled professionals. Critically comment on the HR manager’s argument from the perspective of compensation management. (10 Marks)

2. Suppose that you are the HR manager at a firm with 40 employees. Currently, the company offers only the legal minimum number of days for vacation and paid holidays and the legally mandated benefits. Develop a list of other benefits that you believe should be offered, along with your reasons for suggesting them. (10 Marks)

3. Malini Sharma started her chain of 10 wedding boutiques approximately five years ago. She presently operates within South Delhi and has been enjoying record profits. Sharma’s wedding boutiques provide full-service amenities to future brides, including wedding planning services, custom fittings, and locating hard-to-find wedding dresses. Sharma’s customer service philosophy is that customers are number one and must be satisfied with their purchases. However, recently there has been a rise in complaints regarding the lack of friendly service being provided, and three long standing employees have threatened to leave unless their compensation is adjusted in response to servicing Sharma’s very demanding clients. Currently, she pays all of her staff the same base salary without any benefits. She feels this approach promotes equity and eliminates any perception of favoritism between employees regarding compensation. But now she has decided to rethink her compensation philosophy and needs your help.

a. What are the specific problems with Sharma’s current compensation program? (5 Marks)

b. Discuss the types of compensation programs and plans available to Sharma to motivate and retain her existing staff.

 

Marketing Strategy

1. 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 April of 2020.The company faced a severe credibility crisis for its brand and had a tough time managing security, customer satisfaction and other issues because of the sudden increase of user base across the world. In hindsight it can be argued that Zoom failed to see the opportunity that existed in the consumer segment and erred in its strategy to focus more on enterprise customers.

Assuming the Pandemic had not struck and if you were the CMO of Zoom in November of 2020, what plans would you make to acquire new customers? What would be your USP and how would you focus on the core brand strategy to make the brand more relevant. (10 Marks)

2. You are the marketing director of ISL, The Indian Super league which is India’s premiere soccer league. ISL viewership has grown 16% in 2020-21 season over 2019-20 season, but the league compares poorly with the 400 billion viewers delivered by the IPL in 2020. What would you attribute this lag in viewership despite soccer being the world’s most popular sport? Do a comparison using the 4P’s of marketing between the IPL and ISL leagues and create a marketing strategy for the league such that it can increase viewership as well as fan engagement. (10 Marks)

3. You are the marketing director for super events a successful event organization working with top movie stars and organizing one of the marquee events in the annual entertainment calendar. The business was doing well, but the pandemic has thrown your organization in turmoil.

a. As the marketing director what strategies would you evolve in ensuring your organization remains relevant in the post pandemic world. Create two new product ideas for the company. (5 Marks)

b. How would you reposition your company’s brand in the future? Create a marketing plan for the two new product ideas that you have created in the previous question.

 

Consumer Behaviour

1. What is Consumer Personality? Take any 5 consumer personality traits of your choice and explain how they affect consumer behaviour. (10 Marks)

2. Take an innovative product of your choice. How has it been adopted by consumers? What is Innovation Adoption? Who are the different adopter categories as per the Innovation Adoption Curve? (10 Marks)

3. In context of Consumer Learning, explain the following behavioural theories:

a. Classical Conditioning (5 Marks)

b. Instrumental Conditioning

 

Marketing of Financial Services

1. One week ago you bought a ULIP policy from a private Life Insurance company. On receiving the policy copy, you realize that the Life Insurance policy was mis-sold. Would it be possible for you to return the policy? What strategy would you follow to settle the matter with the insurance company? (10 Marks)

2. Your client wants to invest in Mutual Funds that rebalance the portfolio between equity and debt. Explain how it could be beneficial for your client to invest in such funds. (10 Marks)

3. You are a Financial Planner. Your client Tarun Ahuja aged 37 years works with an IT company earning Rs 15 lakhs per year. His wife Pooja, aged 34 years, is a homemaker. They have one daughter Rimmi aged 5 years. The couple requires your help to make some financial decisions. (You can make any assumptions to further build up your case.)

a. Tarun wants to buy a Pure Risk Life Insurance cover of Rs 1.5 crore. He is confused whether he should buy an Endowment or a Term Plan. Recommend the product best suited for his requirement. (5 Marks)

b. Tarun and Pooja want your help to invest for Rimmi’s higher education which they estimate would be required after 16 years. (5 Marks)

 

Retail banking

1. Retail Banking has always been and will continue to be characterised as a mass segment that has a large customer base involving high-volume and low-value accounts. What are Banks doing to attract customers in this segment and managing to provide good customer experience to its customers despite the size / volume? (10 Marks)

2. Retail Banking is a mass segment that has a large customer base involving high-volume and low-value transactions. Describe the role and application of Technology that Banks are using to manage business volume, operational complexities, risk, and customer service. (10 Marks)

3. “Bank Conventional Limited” is a well-established traditional Retail Bank operating in India and is almost a 75-year-old Bank. It relied very heavily on its strength of physical distribution of about 1000 branches across in the country. Over the last 10 years this Bank did not invest much on Technology. On the other hand, a new generation bank called “Bank Modern Limited” has always been tech savvy with substantial investment every year on new technology etc., This Bank was started in 2010 and currently has a branch network of 100 Branches only.

a. Analyze the various challenges that ‘Bank Conventional Limited’ will be facing today across multiple operational and business parameters (5 Marks)

b. Analyze the various benefits that ‘Bank Modern Limited’ enjoy today across multiple operational and business parameters (5 Marks)

 

Cost & Management Accounting

1. The following information has been collected from Ms. Divya the head of personnel department of ART Limited for the year ended 31st March 2020

Number of workers at the beginning of the year 8000

Number of workers at the end of the year 9600

Number of workers left the company during the year 500

Number of workers discharged during the year 100

Number of workers replaced due to leaving and discharge 700

Additional workers employed for expansion during the year 1500

You are required to calculate the labour turnover rate by using separation method, replacement method and flux method, further discuss each of them briefly. (10 Marks)

2. Discuss the practical aspects of the management accounting function briefly in the context of the changing global management practices perspective. Student can take any example to build around the aspects needs to be discussed (10 Marks)

3. Seth transport operates a fleet of Motor Lorries. The record for Lorry-4150 reveals the following information

Days Maintained 30

Days operated 25

Days Idle 5

Total hours operated 300

Total kms covered 2500

Total tonnage carried 200

(4 tonne – load per trip, return journey empty)

Total cost for the month 270000

Prepare a performance statement reflecting Cost per day operated, cost per kilometer, cost per hour (5 Marks)

b. Cost per round trip, Tonne Km, cost per commercial tonne –km. (5 Marks)

 

Commercial Banking System & Role of RBI

1. Indian Banking has witnessed major changes starting from nationalization in 1969 of 14 private sector banks again to privatization of banks in 1990s. Year 2014 resulted in setting of small Payment Banks in different nooks & corners of the country to a diametrically opposite step of mergers and consolidation of many weak public sector banks with a few large banks in 2018/19. What has been the economic & financial compulsions/reasons for such changes in five decades? (10 Marks)

2. Independence of RBI has been a major subject of debate in India of late. A few Governors resigned on this issue, as there was too much interference from the government in deciding the policies of RBI. Do you agree/disagree on the question of RBI deciding its own course of action while formulating macroeconomic policy of country or should it listen to its political masters? (10 Marks)

3. Non-Performing Assets (NPAs) in the Indian Banking sector has become the subject of much discussion and scrutiny. Bank’s lending capacity has been severely eroded by mounting NPAs, net worth of many banks have declined and a number of banks have reported huge losses. In recent year’s plethora of rules and regulations have come from RBI, Government, IMF, BASEL recommendations, etc to keep a tab on stressed assets and timely resolution. In light of above statements:

a. Write the major reasons for increase on NPAs since last 10 years (5 Marks)

b. According to you what would be the mitigating factors/solutions for NPA management. (5 Marks)

 

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