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INTERNAL ASSIGNMENT
APPLICABLE FOR DECEMBER 2021 EXAMINATION
Export Import Procedures and Documentation
1. During an interview for the
job of Import Executive, the company asks you to explain the types of bills of
entry to assess your basic knowledge of import documentation. You need to
explain the types of bills of entry and the details of each bill of entry in
brief. What would be your answer to impress the interviewers? (10 Marks)
2. Your company got an export
order from a company located in Malaysia. The customer requests your company to
quote the prices on Ex works, FOB and CIF terms. Sales team is not familiar
with the above INCOTERMS. They request you to explain these three INCOTERMS so
as to give a correct price. Give a write up on the above INCOTERMS. (10 Marks)
3. Your company wants to start
export import business and would like to obtain IEC number.
a. Give the list of documents
to be submitted to obtain IEC number (5 Marks)
b. Who issues IEC number and
the details of the office? (5 Marks)
Custom Shipping and Insurance
1. While scrutnising import
documents of one cargo in your office you observe that the currency shown in
the invoice is EURO while the Letter of Credit was opened for USD. The purchase
order is also on USD. The consignment has already landed in the Indian port.
What is your action plan on this to get the consignment cleared (10 Marks)
2. You are working with a
Customs broker company. Your Customer has exported one break bulk consignment
by sea and your company is handling the export customs clearance.. While
loading shipping company has noticed 5 damaged wooden crates and Mate receipt
has been held up. How will you get a clean Mate receipt from the shipping
company? Please explain, your Head of the department, details about Mate
receipt and give your way of sorting out this issue. (10 Marks)
3. One imported consignment of
20 feet container containing electronic goods got damaged in transit. You have
noticed the damages at the time of unloading at your warehouse. You have to
file an insurance claim and also assess the loss.
a. Your company wants you to
submit the list of documents/procedures to file the claim. Give a complete list
of documents/action plan of filing an insurance claim (5 Marks)
b. Assess the loss and find
the reasons for the damages (5 Marks)
India's Foreign Trade
1. One of the well-established
Indian company engaged in the manufacture of readymade garments, decides to go
for geographical expansion, they go for expansion through entering foreign
market/s (Exports) however; they will do complete risk analysis of the target
market, which are these essential risk analysis need to be done and why?
Explain each of the major risk analysis and give your opinion which is likely
target market/s for readymade garments. (10 Marks)
2. Do you think that Export
Promotion Councils set-up by Ministry of Commerce, government of India are very
beneficial to MSME? Either way you can give your explanation with appropriate
example? (10 Marks)
3. One of the well-established
Indian leather goods manufacturing company engaged in domestic marketing and
they have their substantial market share in Indian market for their various
types of leather goods.
a. What are your
recommendations to this company about risk analysis and regulatory requirements
for leather products in overseas markets? (5 Marks)
b. Work out a market (Choose
any one market of your choice) entry strategy for overseas market for their
leather products. (5 Marks)
Cloud Computing
1. You are the Global CIO of a
now Global (through acquisitions) Bank headquartered in UAE. The Bank is
consolidating and restructuring itself as a single integrated Bank. As the
Global CIO, you are keen to articulate a Global IT Policy and you’re evaluating
the use of cloud and the right choice for the deployment model for your bank
globally. Prepare a 2-Page Executive Summary to serve as the basis of an
Executive Meeting with the Leadership of your firm and the Country CIOs to
discuss this initiative. (10 Marks)
2. You are the CTO of Trojan
Sporting, a 20-year manufacturer of Recreational Vehicles. You’re managing a
portfolio of mature & enterprise applications and huge databases and want
to leverage the benefits of cloud computing. Specifically, you are evaluating
(a) whether to opt for IaaS, PaaS or SaaS and (b) AWS or Azure. Prepare a
2-Page Executive Summary of your research and recommendations for presentation
to the Leadership of Trojan Sporting. You may get more details by visiting the
web site of these firms or you can make your own assumptions. (10 Marks)
3. The Top Management of
Faisal Insurance is meeting to discuss their plan for a new Core Insurance
Solution. Both the Mr Fayaz, Head of Underwriting and the COO, Mr. Mirza are of
the strong opinion that the company should develop and implement a custom-developed
Core Insurance Product to be developed by the company’s regular IT Partner. On
the other hand, both, CIO, Mr. Aiyer and Ms Noushad, CFO are keen to move to a
commercially available Cloud-based SaaS Core Insurance Product. The debate is
getting heated as Ms Noushad also recalled past IT system implementation
failures.
a. What arguments can Mr.
Fayaz make in favor of a custom-developed Core Insurance Product? (5 Marks)
b. What arguments can Mr Aiyer
make in favor of a commercially available Cloud-based SaaS Core Insurance
Product? (5 Marks)
E-Business
1. Analyze any five
organizations that had transformed themselves by adopting e-business solutions.
Identify the reasons behind their move. Also analyze how this transition helped
them in their business growth. (10 Marks)
2. What are some of the major
issues (at least 5) faced by e-businesses while selling products online and
list five examples of both antivirus and anti-spyware software that provides
protection against cyber security threats. (10 Marks)
3.a. Prepare a comparative
analysis of any 5 online shopping apps through comparing the methods for making
a purchase using their shopping carts. (5 Marks)
3.b. Compare Master and Visa
cards, which uses an open-loop payment system, with American Express, which
uses a closed-loop payment by preparing a short note on their differences. (5
Marks)
Fundamentals of Big Data & Business Analytics
1. General Electric – a
literal powerhouse of a corporation involved in virtually every area of
industry, has been laying the foundations of what it grandly calls the
Industrial Internet for some time now. But what exactly is it? Here’s a basic
overview of the ideas which they are hoping will transform industry, and how
it’s all built around big data. A simple way to think of the industrial
internet is as a subset of that, which includes all the data-gathering, communicating
and analysis done in industry. In essence, the idea is that all the separate
machines and tools which make an industry possible will be “smart” – connected,
data-enabled and constantly reporting their status to each other in ways as
creative as their engineers and data scientists can devise.
This will increase efficiency
by allowing every aspect of an industrial operation to be monitored and tweaked
for optimal performance and reduce down-time – machinery will break down less
often if we know exactly the best time to replace a worn part. Data is behind
this transformation, specifically the new tools that technology is giving us to
record and analyse every aspect of a machine’s operation. And GE is certainly
not data poor – according to Wikipedia, its 2005 tax return extended across
24,000 pages when printed out. And pioneering is deeply engrained in its
corporate culture – being established by Thomas Edison, as well as being the
first private company in the world to own its own computer system, in the
1960s. So of all the industrial giants of the pre-online world, it isn’t
surprising that they are blazing a trail into the brave new world of big data.
GE generates power at its plants which is used to drive the manufacturing that
goes on in its factories, and its financial divisions enable the multi-million
transactions involved when they are bought and sold. With fingers in this many
pies, it’s clearly in the position to generate, analyse and act on a great deal
of data. Sensors embedded in their power turbines, jet engines and hospital
scanners will collect the data – it’s estimated that one typical gas turbine
will generate 500Gb of data every day. And if that data can be used to improve
efficiency by just 1% across five of their key sectors that they sell to, those
sectors stand to make combined savings of $300 billion. With those kinds of
savings within sight, it isn’t surprising that GE is investing heavily. In 2012
they announced $1 billion was being invested over four years in their
state-of-the-art analytics centre in San Ramon, California, to attract
pioneering data talent to lay the software foundations of the Industrial
Internet.
a) State and explain how this generated
data is leveraged to enable growth in manufacturing sector for GE. Provide
example of 2 business questions using the data and potential analytics
approach.
b) What is the end-to-end big
data architecture required in this context? Show it preferably using a diagram/
flowchart. You can explain possible tools which can be leveraged in the life
cycle and the rationale for the tool. (10 Marks)
2. Explain how clouds have
increasingly transformed the adoption of big data in the companies. You must
mention 3 examples of business cases which could transform their business. What
choices one needs to make to improve cost optimization while using the
cloud-based platform. (10 Marks)
3. Indian Banking Industry is
facing fraud related issues for the past few years. Indian Banks, especially
Public Sector banks are suffering from mounting losses and rise in NPAs on
account of increased level of number of frauds. Loan sanctioning for new
projects, as happened in recent case of Nirav Modi, have brought sufferings for
the industry. Many of the top executives have been charged for alleged
corruption and deceitful intentions in granting loans. This creates a question
mark on corporate governance and ethics in the industry. In fact, the menace of
rising NPA is a global crisis that is responsible for slowdown in industry. The
strength of financial system of any economy can be judged by its level of
production and consumption. The living standard and status of people can be
judged with soundness of financial system; but if financial system is packed
with frauds and high degree of NPAs, it should be a cause of worry for any
nation.
Loan loss- The risk of
increasing NPA and Bad debts in India is increased manifold, due to lack of
appropriate methods of monitoring of loans and not by proper due diligence.
a. State what approach can
help achieve controlling bad debts and NPAs due to loan loss? How can each BI
and BA help solve this problem? (5 Marks)
b. How can predictive
analytics be enabled in this case? Illustrate the solution detail. (5 Marks)
IT Infrastructure Management
1. “In today’s competitive
market place where new market entrants, low cost products options, multiple
suppliers are present. Selection of optimal IT Infrastructure plays an
important role for not only sustaining but also giving growth to the
organization”, justify the statement using suitable examples. As per your
understanding for a selected organization what is the optimal IT Infrastructure
required to get an edge over competitors? (10 Marks)
2. Organic Valley Harvests
Enterprise Efficiency
Organic Valley Family of Farms
is the largest U.S. cooperative of organic farmers and one of the nation's
leading organic brands. It is a marketing and distribution cooperative and
virtual manufacturer. It owns only one butter plant and a small "cut and
wrap" cheese operation, and contracts with more than 85 fluid dairy,
cheese and other plants across the country for the majority of its
manufacturing. Today, it represents more than 1,300 family farms in 34 U.S.
states and Canada. Focused on keeping small and mid-sized farmers farming,
Organic Valley produces more than 200 organic foods sold in supermarkets,
natural foods stores and food cooperatives, and as ingredients for other
organic food manufacturers nationwide.
With an annual growth rate of
more than 25 percent, Organic Valley needed to consolidate disparate systems
into one enterprise solution to improve operating efficiencies and maintain the
quality of its perishable food products.
"We were doing our
planning using spreadsheets and an enterprise system designed for discrete
manufacturing to handle our financials, order management and inventory,"
explains George Neill, director of IT, Organic Valley. "As our operations
expanded, it became obvious that we needed to make a major leap in our business
systems."
Organic Valley chose to
leverage Infor's ERP Adage as its core enterprise resource planning solution,
along with Infor SCM Advanced Planner (AP) and Infor SCM Advanced Scheduler
(AS).
"We enlisted the support
of a consultant during our selection process to help identify which functions
and features were the most important," Neill explains. "We had very
specific requirements, like shelf-life management and expiration date
management," he says. Yet, the senior management team was a little
apprehensive about taking on a complex Enterprise Resource Planning (ERP)
implementation at the same time the company was building and moving into new
headquarters.
"I had watched many ERP
implementations before, and with our project manager as the only person with
hands-on implementation experience, we understood the potential
challenges," Neill says.
One of Organic Valley's major
business drivers was to improve overall utilization of its resources by
improving and automating operational planning processes. The company gained an
advantage with the new solutions because the planning and scheduling tools are
supported by the same vendor and require no code customization, which minimizes
risks during upgrades.
In addition, the company uses
the SCM planning solutions to model supply planning needs. "The Advanced
Planner tool really is the golden ring for us in pulling together supply and
demand plans to optimize the manufacturing and distribution of all our dairy,
meat and produce products nationwide," according to Neill.
All in all, the Infor solution
has enabled Organic Valley to be more agile on the technical side, providing
support for rapid business growth. The cooperative is even projecting savings
of $2 million per year through improved supply chain planning and other
operational efficiencies.
In the future, Organic Valley
plans to move to the next version of Infor ERP Adage and is evaluating other
solutions and technologies to support its business.
In effect, Organic Valley has
slowed the rate of workforce growth while sustaining overall revenue growth,
seeing an increase in sales per employee of 37 percent since implementation.
"We enlisted the support
of a consultant during our selection process to help identify which functions
and features were most important." --George Neill, Director of IT, Organic
Valley Family of Farms
What are the various IT
Infrastructure tools Organic Valley used for the rapid business growth and how
those tools helped in achieving the objective?
What are the various
networking and security issues that may arise due to the implementation of IT
Infrastructure in the organization? Whether such types of organizations will be
benefited if are connected with server farms?
(10 Marks) (Source- Organic
Valley Harvests Enterprise Efficiency | Case Studies | Consumer Goods
Technology (CGT))
3.a. In current scenario of
covid19 pandemic organizations are taking full advantages of IT infrastructure
not only for their survival but also for business growth. With the help of
suitable examples explain how organizations are using applications of cloud
computing during such unprecedented times. Explain certain security challenges
in implementing cloud computing in business organizations? (5 Marks)
3.b. Green computing is a
practice of using computing devices so that they can be used efficiently and
without causing harm to human beings and environment. The purpose of promoting
green computing is to reduce the consumption of energy and to reduce carbon
emission (CO2 emission). Suggest few actionable points/ drivers for achieving
green computing and green ICT at your home, in your organization and society.
(5 Marks)
Emerging Technologies: IoT, Augmented Reality, Virtual Reality
1. The IoT may significantly
affect many aspects of the economy and society, although the full extent and
nature of its eventual impacts remains uncertain. Describe the different
components of IoT and taking example of any sector of your own choice, describe
impact of IoT in that particular sector in India. (10 Marks)
2. The Internet of Things is
often lauded for its potentially revolutionary applications. Indeed, IoT
devices are today being implemented in many different sectors for a vast array
of purposes. However, it is still unclear how IoT will progress due to
challenges associated with both technical and policy issues. Briefly describe
IoT architecture and the challenges associated with implementation of IoT.
Discuss the various design consideration that must be taken into account before
starting an IoT project, with taking an example of a specific domain/industry
of your choice. (10 Marks)
3. The intuitive facets of IoT
devices paired with enhanced network engagement enable IoT to promote versatility,
transparency and efficiency in infrastructure planning. IOT also embeds
energy-efficient projects to take off.
a. Explain the role of AI and
IoT in development of smart cities with providing some real statistical data
from authorized resources. (5 Marks)
b. How does AI and IoT are
interrelated? How does the community assist in the development of IoT? (5
Marks)
IT Project Management
1. You are the newly hired VP
of IT at Koya Industries – a 40-year manufacturing company in Alappuzha. In
your first meeting, the CEO, Muneer Koya, has told you that he is unhappy with
the present situation of disparate legacy applications systems in the company
and wants them to be fully integrated. You had recommended that the company
move to an Integrated MIS. As a first step, the CEO has asked you to assess the
Feasibility of this initiative What types of feasibility studies will you
perform and what would they assess? Prepare a 2-Page Executive Summary of the
outcomes of the Feasibility Study to serve as a basis for a detailed discussion
with the CEO and the rest of the Leadership.
(10 Marks)
2. You are a consultant to
Arthashastra Small Finance Bank. You are required to prepare the RFP to be
issued to System Integrators for implementing a Core Banking Product – Finacle
or Temenos, and integrating it to Arthashastra’s existing Systems - D365 ERP
& D365 CRM. Present the 3-page executive summary of the RFP with all
requisite sections. For additional information are: the specific products, you
may refer the company websites
(10 Marks)
3. Mr. Eduljee, CEO of
Euphrates Insurance has convened a meeting for all the CxOs to discuss the
firm’s IT Strategy Roadmap. At this meeting Mr. Koshy, the CIO announced his
intention to embark on an Application Modernization Program to update all of
Euphrates’ Legacy Applications. In this regard, Mr. Koshy proposed to Outsource
the Development and ongoing Maintenance & Support of these Applications to
a 3rd party IT Partner. Mr. Rayudu, the COO of the company is skeptical and
asks if Mr. Koshy has considered all the issues involved.
When Mr. Eduljee, asked him if
he had specific concerns, Mr. Rayudu immediately said "I see two issues
that need detailed discussion… (1) How will we ensure a Smooth Transition and
Implementation and (2) How will we maintain Confidentiality of
Information?"
How will Mr. Koshy respond to
Mr. Rayudu’s queries on…
a. Smooth Transition and
Implementation? (5 Marks)
b. Confidentiality of
Information? (5 Marks)
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