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Saturday, 17 September 2022

NMIMS BUSINESS MANAGEMENT ASSIGNMENTS DEC 9967480770

 

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INTERNAL ASSIGNMENT APPLICABLE FOR DECEMBER 2022 EXAMINATION

 

Commercial Banking System & Role of RBI

1. There is an ongoing debate whether Central Bank (RBI) should be independent of the Central Government dictates/control or it should be under the control of Central government. What is your view on the same, supplement your answer with reasoning/logic with instances in the past in context of India. (10 Marks)

2. The survival of brick and mortar banking today is a major challenge today from host of its competitors that includes NBFCs, Fintech, Shadow banking and latest Neo Banking. Technology which at one time was savior of banks in early 1990s now seems to gobble up the banks. What do you think is the future of traditional banks and will they survive the onslaught of Neo Banks. Focus your answer in perspective of Indian conditions. (10 Marks)

3. Stressed Assets or Non-Performing Assets (NPAs) in the cancer of Banking sector and the subject of much discussion and scrutiny. Today banks are burdened with high NPAs and decreasing profitability. The banks capacity to lend has been severely affected by mounting NPAs, net worth of many banks have eroded and a number of banks have reported huge losses. Though many remedial steps have been taken to check this malady but solution seems to ebb out/fade away. In light of above statements:

a. Explain the reasons for increasing NPAs since last decade (5 Marks)

b. How to manage or mitigate NPAs effectively (5 Marks)

 

Retail Banking

1. Securitization is the new buzzword in retail banking as it converts loans/assets into receivables. Banks need not wait for repayment of loans as sufficient funds are created to plough back as capital in the bank. Explain how securitization works and is treated as credit risk mitigation tool. (10 Marks)

2. Retail banking in India, especially in context of growing economy and millennial young population is getting stronger day by day. Discuss retail banking as a simplification & diversification tool. (10 Marks)

3. Branchless banking is one step towards Financial Inclusion Policy of Government of India.

a. What is the vision of Government in this regard? (5 Marks)

b. Enumerate different technologies used in banking sector to achieve the goal of bringing more people under banking ambit. (5 Marks)

 

Financial Institutions and Markets

1. Ambit Ltd. is one of the major players dealing in FMCG products in India. The company now intends to launch a range of FMCG for fitness-conscious people and plans to market it by opening its own retail outlets. So, the management of the company is planning to raise further fresh capital by issuing shares in the primary market. As a financial advisor to the firm advise the various techniques which the company can use in order to raise fresh capital from the primary market. (10 Marks)

2. Pooja is a new joiner at a financial advisory firm. Her first task given by the manager is to prepare a report on any four each money market instruments that she would advise her client to invest in for a short time period. Prepare a report for Pooja to complete her first task. (10 Marks)

3. a. Manya is a broker at an insurance firm and has a good understanding of various instruments

sold in the Indian insurance Markets. She is now curious about the products sold under the life insurance policy and the constituents who will help a client in this process. You are therefore required to help Manya understand various life insurance policies along with the participants involved in such a market. (5 Marks)

3. b. Ramya started her handmade bags business 5 years ago and is now starting a new project of cotton clothes for which, she needs a huge amount of capital. Her friends suggested she approach Venture Capitalists for her capital requirements. In the light of the above case, explain to Ramya the concept of Venture Capital and the stage of funding involved in Venture Capital Financing. (5 Marks)

 

IT Security and Risk Management

1. In traditional computer systems, users prove their identities by typing in passwords. While easy to set up, this authentication method has a severe flaw. If hackers steal or crack the password, it is easy to take on the user’s identity. Intruders log in as the real user, and the system is wide open to an attack. Kerberos authentication protects user credentials from hackers. This protocol keeps passwords away from insecure networks at all times, even during user verification. Explain the process of Kerberos authentication mechanism in detail. (10 Marks)

2. As a term, people, process, and technology (PPT) refers to the methodology in which the balance of people, process, and technology drives action: People perform a specific type of work for an organization using processes (and often, technology) to streamline and improve these processes. What do you mean by security awareness for people, process, and technology? (10 Marks)

3. A database managed by an Indian state government healthcare agency was left connected to the Internet without a password, where it exposed more than 12.5 million medical records for pregnant women. Records go as far back as five years, to 2014, and include detailed medical information for women who underwent an ultrasound scan, amniocentesis, or other genetic testing of their unborn child. The database belonged to the Department of Medical, Health and Family Welfare of a state in northern India. The reason is that the database is still available online without a password. The good news is that the medical records have been removed from the database. However, removing these records wasn't an easy task and it took more than three weeks to have them taken offline. The database was discovered by Bob Diachenko, a security researcher with cybersecurity consulting firm Security Discovery, in early March 2019. The database was eventually secured with the help of the Computer Emergency Response Team (CERT) of India, but the entire process took three weeks, during which time the server and the medical records remained exposed for anyone to download. The government agency secured the leaky server after 3 weeks of intial discovery. While the database did not contain information about all pregnancies recorded inside the unnamed Indian state, it did contain medical records for women who suffered pregnancy complications and abortions, data that some families would have liked to remain private, due to obvious reasons.

a. Why do you think the data of so many pregnant women was exposed online? (5 Marks)

b. What are the steps that the government agencies should have undertaken to prevent such cases. (5 Marks)

 

Digital Payments

1. Explain the role of different types of Digital Payments in maximizing the customer experience. (10 Marks)

2. What are the major constraints in e-commerce payment services? How has use of digital platform helped solve it? (10 Marks)

3. India’s digital payments landscape has transformed dramatically over the past five years. Today, 40% of payments (by value) are digital, contributing to a US$3 trillion digital payment market on account of rapid expansion in digital infrastructure, UPI-led migration to digital, pandemic-led acceleration of shift in customer preferences, growing merchant acceptance network and disruptive innovations by fintech’s. Despite this explosive growth, certain segments of the market remain underpenetrated with considerable room for growth. The next wave of growth is likely to come from Tier 3-6 locations, as evidenced in the past two years wherein Tier 3-6 cities have contributed to nearly 60-70% of new mobile payment customers. Expanding merchant acceptance, digitization of value chains, and establishment of financial services marketplace in underpenetrated segments are the primary factors that will spur the rapid growth of digital payments in India. The emergence of embedded payments via 5G and the Internet of Things (IoT), and the launch of India’s sovereign Digital Rupee are, together, expected to provide further impetus.

a. Discuss how adoption of digital payment has changed in India. (5 Marks)

b. Discuss some of the challenges faced by payment players in India today. (5 Marks)

 

Managing Business Process Outsourcing

1. India has been a preferred destination for outsourcing industry, thereby providing a boost to the economic growth of India in the last two decades. Companies from across the globe look up to the Indian BPO industry for reliable service for their business requirements. It has contributed to the service sector development as well as infrastructure improvements in non-metro location in India. The BPO industry, despite its impressive growth and global advantage, is facing several challenges and risks. These risks have a potential to slow down the Indian growth story. The cost

advantage has been reducing due to increase in wage parity and other global destinations such as China, Philippines, Malaysia, Brazil etc. growing in reputation as low cost service delivery. BPO industry in India also faces, challenges with the high attrition rates, increasing use of Artificial Intelligence, process automation technologies, volatility of the Indian currency and global economic slowdown. The Indian BPO industry must mitigate the risks and challenges in order to realize its true potential. In view of the current scenario, categorize the above risks into the people risks, technology risk and process risks. What would be your suggestions to mitigate the risks facing Indian BPOs. (10 Marks)

2. Too often, once a project is completed, management attention goes elsewhere and things revert to the way they were. Often the anticipated benefits are not realized or even audited to see if the goals were reached. If there were benefits, they are often not applied throughout the organization. Many pitfalls can happen when process improvement is attempted one process at a time. It is difficult to tell which processes contribute the most to achieving the business objectives or which process is the critical process to improve. Can business process portfolio management help in such situations and how? (10 Marks)

3. Peripheral business processes such as employee travel and transportation have been a business process most popular for outsourcing. Organizations have developed strategic partnerships to make travel to work for their employees easy and trouble free. Public transport using bus, train or metros becomes unreliable especially when one needs to reach meetings and close deals on time. Cabs have been made available through various fleet cab vendors in an effort to ensure employees do not miss client meetings, flights and are able to reach the place of work in time. Corporate cab services also help employees a great deal especially when they need to travel long distances for work. The employees have started not just expecting but demand such services from their organizations. These are particularly critical in workplaces where working in shifts is a norm. There are various issues which need to be taken into consideration while engaging with a transportation or travel partner such as a fleet cab vendor. Organizations have a lot to gain by developing a robust business partnership model with such vendors.

a. Why is travel and transportation is considered as a non-core process? What are the challenges or issues which have to be considered in choosing a business process outsourcing partner in this case? (5 Marks)

b. Explain what would be the benefits of outsourcing travel and transportation to a external service provider. (5 Marks)

 

Customer Relationship Management

1. You work as a vice president of a pharma company. You are planning to implement CRM in your company. What are the things will you consider before deciding on analytical, strategic or operational CRM? (10 Marks)

2. You have been called by your director at his office one evening for a cup of tea. Over the discussion he mentions how difficult is it for him to:

·       Manage the data of the customers and track them.

·       Managing new customers

·       He wants to automate some of the processes and he is unsure of which ones he wants to.

·       Automate reporting to the top management.

You need to explain him, how CRM projects work and what are the considerations that he must keep in his mind. (10 Marks)

3. Rajeev started his food business a decade ago and has been doing extremely well. Although he was one of the pioneers, he is today facing a big issue with ‘loyalty of customers’ and serious competition. He is also planning to go online.

a. How can he build traffic to his website? (5 Marks)

b. How can he meet the expectations of his online customers? (5 Marks)

 

International Marketing

1. As each country today thinks about restricting imports and protecting their markets, what in your opinion still motivates firms to engage in International business? (10 Marks)

2. In your opinion do you think we should permit FDI and FII to invest in our country? (10 Marks)

3. Read the following case study carefully and then answer the questions that follow:

Your firm manufactures EV bicycles in India and wishes to market them globally. In spite of competition, you see that South Africa has a huge potential and plan to expand your retail operations in South Africa.

a. Explain your market entry strategy to launch the EV bicycles in South Africa. (5 Marks)

b. Explain major global pricing policies. Which of these pricing policies would you consider while launching the EV bicycles in South Africa? (5 Marks)

 

Brand Management

1. Sakshi has started her new business of selling pickles in Mumbai. There is no name to the brand as the same is sold in plastic jars available in the market. General customers remember the brand as Sakshi Tai’s (Sister) pickles. There is a continuous demand for the product and the total sales have touched 40 lakhs in 2021. You get to know about this and you want to offer help to Sakshi in creating brand elements for the pickles. Explain and elaborate on various types of Brand elements that you will suggest for the pickles. Also, explain the criteria for choosing brand elements. (10 Marks)

2. Sakshi is super impressed with your idea of Brand elements. You have also explained to her that a sustained effort in branding will make the brand work. She wants to understand various factors responsible for Brand Challenges. As a consultant, explain the same for the pickles that she is selling. (10 Marks)

3. a. Sakshi’s business has grown after your recommendation and suggestion. She has now planned to extend the market beyond pickles with the same name. She is planning to launch Papad, Chocolates, Pav Bhaji Masala, and Khakhra. Select the product categories that you will suggest Sakshi for Brand Extension and explain various advantages of Brand Extension that would be suitable to Sakshi for the selected products. (5 Marks)

3. b. Select the unrelated product categories from the list and explain various disadvantages of Brand Extension that would be applicable. (5 Marks)

 

Consumer Behaviour

1. How can marketeers use technology to target customers to exercise more. Taking Yoga as an example of holistic exercise how will you use technology to target different categories of customers to improve their health by doing yoga regularly. (10 Marks)

2. What is the Trio of Needs from consumer behaviour perspective? Take Smart Watch as a product. If you have to use this same product, how can you talk to three different customers and make the 3 different customers think of buying the same Smart Watch from a Trio of Needs perspective. Please use one Trio of Need per customer to illustrate the same. (10 Marks)

3. Answer the following

a. What is Just Noticeable Difference [JND] and Weber’s Law? (5 Marks)

b. Take a product like a low-cost pressure cooker [priced at Rs. 1800.00 for a 3 Litre, Rs. 2400.00 for a 5 Litre, Rs. 3200.00 for a 6.5 Litre pressure cooker] which is targeted to the lower income group whose annual income is in the range of Rs. 1.2 to 1.8 lakhs per annum [Rs. 10,000 – Rs. 15,000 per month]. Using the principle of JND suggest a discount for families earning 10,000 per month and families earning Rs. 15000.00, that would make them get up and notice the discount & propel them to buy the pressure cooker. Please justify the discount for the same. (5 Marks)

 

Digital Marketing

The company “Inno-we” launches a new variant of its product every three months to stay relevant. They have their products in two categories namely Earbuds and smartwatches.

 “HearNow” is an established brand in the earbuds market. The company is successfully selling earbuds with the latest technology like noise cancellation and Bluetooth 5.0.  “Track It” is a newly launched smartwatch brand that is most affordable to Indian Consumers. The brand has brought many innovations to its product.

1. The company has a plan to spend money on promotions using traditional and Modern marketing. As a marketing consultant for Track It Brand, explain the difference between Traditional and Modern marketing and suggest with reasons the one that the company should undertake for their brand Track It. (10 Marks)

2. What are the various Digital Business factors that will impact the Business strategy of Innowe? (10 Marks)

3. a. Explain various ways to promote Track It brands online. (5 Marks)

3. b. Explain various types of Digital Pricing models and explain with reason one that you will

use for the Brand Track it. (5 Marks)

 

International Business

1. “Organisations engaged in International Business often face more complex situations then the organisations which conduct Domestic Business.” – Critically evaluate the statement and explain difference between domestic and international Business. (10 Marks)

2. An Indian jewellary Brand “Tanishq” wants to enter into Middle East Market with its range. What are the choices available to enter into this overseas market and what is the best-suited option? (10 Marks)

3. Vinayak began an electric fan manufacturing unit in Navi Mumbai ten years ago. He sells BLDC Energy saver fans to several towns in Maharashtra & South India. Though the business is doing well Vinayak started to feel that he should expand the business by attracting more customers. Vinayak has an opportunity to sell the masks to Sri Lanka and Mauritius. He has also been contacted by a party in Gurgaon for sales. Also it has been observed that worldwide demand for BLDC energy Saving Electric fans is on the rise. Based on his production capacity Vinayak can either take up the North India market or plan for Exports.

a. What factors are to be considered by Vinayak to decide if he wants to go for exports in Sri Lanka and Mauritius. (5 Marks)

b. If Vinayak decides to go for Exports, what procedure and documents are required? (5 Marks)

 

Marketing Strategy

1. An organic cosmetic e-tailer writes an interesting blog about its products & shows reviews from its buyers & influencers which lead to more sales. Which marketing strategy would you classify this into - Push or pull? (10 Marks)

2. An entrepreneur wants to expand her eco-friendly home decor items business PAN India. What stage of Product life cycle should she consider for expansion & what would be your suggestion to her? (10 Marks)

3. Case Study:

Kingfisher Airlines (KFA) launched its domestic air service operations in May 2005. KFA was promoted by the UB Group and was positioned as a budget carrier that offered a single class- "Kingfisher Class'. KFA was one among the very few airlines which offered discounted ticket prices with its aggressive pricing strategy. KFA successfully leveraged the youthful and vibrant image of its Kingfisher Beer brand and called its airlines as 'Funliners' to emphasize the fun-filled experience. It had targeted most of the customers in the age group of 25-40 years. Within the first six months of its launch, KFA managed to corner a 6% market share in the domestic air travel market. KFA also had plans to operate on international routes. However, the increasing popularity of low-cost airlines like Air Deccan, launch of new low-cost carriers like SpiceJet and GoAir, and Jet Airways' acquisition of Air Sahara, further intensified the competition in the Indian aviation sector. In an effort to make KFA profitable at the earliest, KFA modified its 'single class' approach and began to offer an upgraded business class service- 'Kingfisher First'.

a. Discuss the marketing techniques adopted by Kingfisher Airlines. (5 Marks)

b. Understand the opportunities and challenges for a newly established airline in the Indian aviation industry. (5 Marks)

 

Project Management

1. You are going to organize a dinner party with your 60 batch mates. Prepare a project proposal indicating the project charter and a detailed project budget. (10 Marks)

2. To successfully organize the dinner party, analyze the project's feasibility in different life cycle phases with corresponding risks. (10 Marks)

3. For the same dinner party

a. Prepare a work breakdown structure. (5 Marks)

b. Draw the Gantt chart indicating the progress and resource used in each task. (5 Marks)

 

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