Sunday, October 14, 2018

Services marketing NMIMS dec 2018 solved assignment


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1. You are planning to launch a multi-cuisine Quick-serve Restaurant which shall serve different varieties of food ranging from fast food to south Indian, Italian, north Indian, Chinese. To maintain the quick-serve spirit, the restaurant intends to create quick-serve counters with separate billing stations for each cuisine. Each of these cuisine counters shall separately take the orders, do the billing and serve the quick bite menus. Create a service blueprint for this QSR.

Answer: Blueprinting in services is predominantly a planning tool. It is most commonly used for developing new innovative services as well as for improving existing services. This is method by which employees

2. Discuss the role and relevance of four potential gaps within a service organization which may lead to a fifth and most serious gap – that is the customer gap. Explain with illustrations.

Answer: Gap Analysis
One approach towards achieving conformance in services is to identify various gaps that occur during the service process. Zeithaml, Berry and Parasuraman came up with four such gaps that occur


3. Village Volvo is the ‘new kid’ in the town. It represents an effort by two former Volvo dealer mechanics to provide quality repair service on out-of-service Volvos at a reasonable cost. Of their 22 years of training and experience with local Volvo dealers, they have earned a reputation and a following of satisfied customers that makes such a service operation feasible to deliver. Their operation is to provide clients with ‘custom car care’ service that is unavailable at other dealers. They have set aside specific times each week when clients drive in for routine services such as tune-ups and oil changes. However, for diagnosis and repair of specific problems, they encourage clients to schedule appointments. At the time of appointment, the mechanic may take a short test drive with the client to make sure that both understand the area of concern. Another source of information available to the mechanic is the ‘Customer Care Vehicle Dossier’ (CCVD). This is a continuing file of each vehicle that it services and this history can help the mechanic diagnose problems and also provide a convenient record on the warranty service etc. The owners are also considering the use of CCVD as a way of ‘reminding’ customers that routine maintenance procedures may be due.

At present, Village Volvo has no provision for ‘alternate transportation’ for the customers. A ‘shuttle service’ two or three times a day is also being considered, as the owners feel that their suburban location may deter some clients. A waiting room is also available with a television set, comfortable chairs, vending machines for tea / coffee and soft drinks, magazines and newspapers etc. This facility is almost exclusively used by clients who come during the ‘drop-in’ hours for quick routine jobs such as tune-ups etc. The owner mechanics do no repairs between 7 and 8 am and 5 and 6 pm because these are ‘heavy customer contact’ hours. As repairs are done, the owner mechanic make note of any other problem that might need attention in the future. This is recorded in the CCVD for future use. This is also intimated to the customer, may be in the form of a ‘reminder’ postcard sent to them. All small parts that have been replaced are placed in a clean box in the car. Care is taken throughout the repair process to keep the car clean and the inside is vacuumed as a courtesy before pick up. The Village Volvo owners have developed a network of other service providers who assist in recycling used parts and waste products and to whom they can refer clients for work that is not a part of Village Volvo’s services such as body work, alignments, reupholstering etc. The owners are also considering the possibility of offering a mini course on weekends to teach clients what they can do to attain their 2,00,000 miles Volvo medal.
Questions
a. Discuss the appropriate customer segments that Village Volvo should target and it’s positioning strategy to reach out to these target segments
b. Evaluate the expanded marketing mix for Village Volvo

Answer: a) From mass marketing, marketers have switched over to targeting segmented markets. This approach offers a number of advantages. Under the mass marketing approach, the marketers consider the whole

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Project management NMIMS dec 2018 solved assignment


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Q 1. You are invited to work as a project management consultant on a project for construction of a commercial complex. Discuss the possible ways by which you can contribute towards success of this project.

Answer: Present day formative ventures are extremely mind boggling and include particular administrations. The ability required for every one of these assignments won't be accessible in-house in each

Q 2. You are involved in an exercise to evaluate capital budgeting. The proposed project has estimated initial outflow of Rs. 1 lac and inflows of Rs. 37,000, Rs. 13,000 and Rs. 63,000 for first three years respectively. Your client uses 15% discount rate for capital budgeting. What would be your recommendation on financial feasibility based on Net Present Value technique? Provide enough details for justification of your recommendation.

Answer: NET PRESENT VALUE
Net present value (NPV) method recognises the time value of money. It correctly admits that cash flows


Q 3. “I am feeling jittery. How can I estimate how much time it would take to launch our next store in Ratnagiri city? I have never worked on such project of opening new store in new city. I don’t know what my boss is thinking of me? Am I a magician to produce a number from nowhere?” Sudesh went on talking on phone while Mansi kept on listening patiently.
Sudesh had joined a retail chain as a marketing executive six months back. After showing a great performance for six months on an advertising campaign, he was just put in this new project. When Sudesh’s boss briefly told him about this new project, he mentioned that Sugesh should first work on time estimates. Sudesh immediately called Mansi, his cousin, who had 10+ years of experience of working as a marketing manager. After bursting out all frustration, he finally asked, “What should I do?”
“Is it the first time the company opening a store in new city?” Mansi asked her first question. “No, there are many people here who have done this before and I am told that all facts and figures about those projects are all documented well”, Sudesh responded. “But I am going to do it for the first time!” Sudesh was still nervous. “You don’t need to worry! There are two ways by which you can go about making time estimates. Either refer to data from past project or seek opinion of earlier project managers.” Mansi started giving her advice to her cousin.
a. What advice will Mansi give to Sudesh about learning from past data?
b. What advice will Mansi give to Sudesh about expert opinion?

Answer: a) Accurate estimation of time is a critical skill in project management, and plays an important role in the success of the project. Estimation of time allows an organisation to easily determine the
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Marketing research NMIMS dec 2018 solved assignment


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Q1. You are planning to start an online store through a company website and mobile app for selling organic, hand-made, fruit or vegetable-based cosmetic products such as face wash, face creams, scrubs, kajal, listicks, hand and body washes and lotions etc. Before launching your product range, you want to understand the online shopping behavior of consumers on webstores and mobile apps. What is the customer-related, website-related and purchase order-related information that you would collect?

Answer: Web is modifying the manner in which purchasers look for products and enterprises, and internet shopping has quick turned into a worldwide marvel. In the Indian situation it is likely for administrations to offer more in the web based shopping mode when contrasted with substantial items due to the moderately lower\

Q2. India is home to a thriving fake market — growing 20% every year — where garments, shoes, watches, cowhide merchandise and jewellery are served as genuine products. Markets like Gandhi Nagar, Lajpat Nagar, Sarojini Nagar and Janpath in Delhi, AC Market Ludhiana are some of the hubs of fake merchandise. Passage of global brands, changes in inclinations from non-branded to branded, a quickly developing economy and a substantial youthful purchaser base in has made India a profoundly lucrative market. Because of broad communications and web-based social networking infiltration, the young are getting to fashion conscious. This has opened uncommon doors for the retail showcase. Market specialists say it is exceptionally hard to evaluate the extent of fake attire. The greatest concern is the clients’ fascination towards pilfered items is straightforwardly corresponding to the cost of these items which are sold at least 40% less than the original. Given this understanding, the branded apparel marketers want to conduct a consumer research to understand the consumer psyche and counter the counterfeit market. State the research objective(s) and propose a research design for this study.

Answer: Before conducting a market research, your research objectives need to be defined. Research objectives quite simply answer a simple question – Why are you conducting this market research? At

Q3. Marketers have identified a huge opportunity for organised players in the used car market. Currently, the pre-owned car market is 1.2 times the new car market in India, well below the 2.5 times that is typically found in mature markets. The organised used car sellers, which account for merely 15% of the overall pre-owned car space, have started seeing a dramatic rise in volumes. Mahindra & Mahindra’s First Choice and Maruti Suzuki’s True Value, are planning big time to expand their pre-owned car business. Despite a 15% market share in second-hand car sales, the organised segment is the fastest growing with a 36% spike in FY2017, while the growth for the unorganised sector remained flat in the same period. There is an opportunity in this market which needs to be tapped; but with caution. The unorganized sector is trying to understand what are these areas that they need to work upon as they are facing stiff competition from the organized players. You have been asked to conduct a research to identify the target customer and understand the consumer needs towards pre-owned cars vs new cars & reasons, preferences for organized vs unorganized players, reasons for preferences, the prices that they would be willing to pay, the value-added services they would want and so on.
a. Describe the profile of your target customer for a pre-owned car. Will the profile of a target customer for a pre-owned car be the same as that of a new car? Why or why not?
b. For the primary data that needs to be collected towards this research, design a questionnaire covering all the research objectives, that could be used towards a quantitative questionnaire-based survey.

Answer: a) Segmentation strategy is not a simple process. It is the result of applying a systematic and analytical process to the crucial decisions about product market entry. After market segments have been formed, the marketing manager analyses the segments to understand the profile of

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Financial institution and markets NMIMS dec 2018 solved assignment


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Q1. ABC Fashion Pvt. Ltd. is a leading apparel company in India. They want to expand and modernize their current business model and thus requires additional fund for the business. You have been hired as a financial consultant to ABC Fashion. As a consultant suggest the various methods as to how ABC Fashion Pvt. Ltd. can raise funds through primary or secondary market for their business.

Answer: Capital markets work for the creation and trading of financial assets like stocks, bonds, hybrid instruments, commodities and derivatives. A number of participants like brokers, dealers, investment b

Q2. You are a financial Advisor in a financial advisory firm. Your client apart from his existing investments, wants to diversify his portfolio in the mutual funds. Help your client to know the details about the mutual funds. Discuss the various characteristics, advantages and the disadvantages of investing in the Mutual funds.

Answer: Mutual funds are a collection of stocks and bonds. It can be defined as the money that is pooled together by a large number of investors who give their money to a fund manager to invest in large portfolio of stocks or bonds for a small fee. Mutual funds are advantageous because of its cost-efficiency, risk-diversification and professional management nature. Since mutual funds involve investment in different assets, a loss experienced in one asset investment can be recovered


Q3. Arun has recently got placed in a public sector bank. His manager asks him to prepare a short presentation on the following. Help Arun to prepare with his presentation.
A) Enumerate how Cash Reserve ratio (CRR) is used as a credit control tool by RBI.
B) Also discuss the contribution of statutory liquidity ratio (SLR) in Lowering Country’s Inflation.

Answer: a) Cash Reserve Ratio (CRR) is a country’s central bank regulation that sets the minimum reserves for banks to hold for their customer deposits and notes. These reserves are considered
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FINANCIAL ACCOUNTING NMIMS dec 2018 solved assignment


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Question 1 You visited Subway that’s the fast food restaurant to purchase a Combo worth Rs 499. The restaurant paid for the raw material and utilities amounting Rs105 for each sale. In addition to that, the restaurant also paid for certain expenses in cash in total Rs 50 per sale.
Discuss how these financial transactions will be recorded by way of journal entry, and also, discuss the various stages of the whole accounting process.

Answer: Accounting Process
Accounting is the process  of

Question 2 The Companies Act 1956 was the first Act which governs the various Companies registered in India. However, in the year 2013, the Act was amended holistically to bring more transparency in terms of accountability, presentation and disclosure aspects in relation to various financial information of a company. However one of your friend is of the opinion that there is only one difference between the two Act , that is , the presentation of financial statements , previously it was governed by Schedule VI and now Schedule III governs it. Now, you are assigned with the task of convincing your friend that there is a huge difference between the two Acts, by briefing him on atleast five other points of differences between the two.

Answer: The Companies Act, 1956, had been in force many decades. The Act confers a variety of powers on the Central Government and the Company Law Board to monitor, regulate and control the affairs of the companies. A company, in common parlance, means a group of persons associated together for the attainment of a common end, social or economic. It represents different kind

Question 3 The following information pertains to the Income statement of Beta Ltd.
revenue generated from sales                                   1258000
closing stock                                                               102500
profit on sale of securities                                         25540
Opening stock                                                            50000
purchase of raw material                                         500000
direct expenses                                                           150000
manufacturing expenses                                           67550
administrative expenses                                            68420
depreciation                                                               15840
preliminary expenses written off                             4700
selling and distribution expenses                              45000
loss on sale of machinery                                          15000
interest on loan                                                          46510
Taxes paid                                                                  25500
Earnings Before Interest & Taxes (EBIT)              ?
a. Redraft the information in the vertical form of Income statement and also, calculate Earnings After Taxes (EAT )
b. Calculate the gross profit ratio and operating profit ratio. Discuss, how they differ from each other?

Answer: a) Statement of Profit and Loss for the year ended ……..
Particulars                                                                 Figure as                    Figure as
at the end                   at the end
of Current                  of Previous
reporting                    reporting
period                         period
I Revenue from operations                                         1258000
II Other
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Thursday, October 11, 2018

nmims 1 sem dec 2018 assignment Business Economics


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Business Communication and Etiquette

1. Large organizations where there are many people working closely, create unofficial and informal channels of communication. What is this kind of communication known as and what purpose does it serve in large organizations? List different types of this communication along with drawbacks if any. 
Introduction
A casual channel of correspondence is that the on account of act with the {workers the staff} or specialists United Nations office zone unit working inside a similar organization. This way of correspondence is given to fulfill the non-open and
2. Explain the various forms that non-verbal communication takes which impacts cultural aspect of communication. How does verbal and non-verbal communication relate to each other? 
Introduction
Non-verbal communication may be a thanks to communicate between peoples employing a mute sign which incorporates numerous visual signals like posture,


3. Zenstar Technologies has the task of collating feedback from its customers before the launch of its new product next fortnight. They need their customers to participate and be forthright in the opinions they present to improvise and make any last minute course corrections to garner the best response for the product launch.

a. Which computer tool for collecting information will be most suitable for the requirements of Zenstar Technologies and why?
Introduction
To collect data from the purchasers concerning the new product which is able to be

b. Advice on how they should conduct the whole exercise of gathering feedback from their customers?
Introduction
There is also many steps management have to be compelled to do to gather

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Suresh Gyan Vihar University BBA solved assignments

  Course BBA INTERNAL ASSIGNMENT – 1 Principles of Management   Write answers for any two questions from below. (5 marks each – Word...