Thursday, November 22, 2018

Sales Management nmims dec 2018 solved assignment


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Q.1 Tasty Foods Pvt. Ltd, a contract manufacturer of juices has decided to enter the growing market of juices & drinks by launching its own brand ‘Yogo’, a yogurt-based drink, in different markets in India. The sales manager of this company is deliberating on the issue of developing territories for selling this product. Suggest various factors that should be taken into consideration in this context.

Answer: When an organization wants to pitch its products to consumers, it needs to be aware of two factors viz. the conditions of the market and the nature of customers. While offering a product or service to the customer, it is important to understand the demands of the market and the behavior pattern of customers. These factors, when taken together, provide an edge to the marketing strategy of the organisation. The organisation will be able to score over its competition as it understands the

Q.2 ABN Amro (ABN) bank plans to build new sales force organization to market its credit cards in Vapi. But the market already has some other big players. In such a competitive environment, which factors must ABN consider in order to design an effective sales organization?

Answer: Sales organization development refers to the formal, coordinating process of communication, authority and responsibility for sales groups and individuals. An effectively designed sales organization has a framework that enables the organization to serve its customers. Once the sales people know what their responsibilities are and who they report to, they can concentrate on doing their expected jobs to the best of their ability. After a company has determined the type and number of salesmen it needs and the applications for the job have been received, the management is


Q.3 Read the case & answer the questions:
One of the largest consumer electronic company in India well anchored in the urban market realized that they have almost reached saturation in their growth in urban markets. As a strategy to trigger sales growth, they have decided to enter rural market. As a sales manager:
a. Do you think the decision of the company was right or it is a disaster to enter rural market to trigger sales growth; give your point of view with logical reasoning?
b. As a head of Sales what will be your strategy as far as sales force deployment without affecting current coverage

Answer: a) The rural areas are where the markets of the future lie. Urban markets are becoming increasingly competitive and saturated for many products. On the other hand, rural markets offer growth opportunities for

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Business Statistics nmims dec 2018 solved assignment


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Business Statistics

Assets
Expense Ratio
Return 2006
3-Year Return
5-Year Return
904.8
1.51
4.6
10.7
8.1
675.9
1.28
8.5
11.9
7.3
909.7
0.80
13.1
10.4
6.3
52.2
1.50
11.6
10.3
6.4
8411.5
0.63
10.9
12.4
8.0
282.3
1.22
7.1
10.2
8.0
9870.7
0.86
12.3
15.0
7.7
424.8
1.13
12.3
11.0
6.2
15422.9
0.72
14.0
10.2
6.2
497.9
1.36
8.6
12.0
7.3
547.3
1.09
7.5
12.8
7.2
5527.1
0.41
11.2
10.2
6.5
22592.9
0.46
12.3
13.0
8.4
240.8
1.42
4.4
10.3
6.6
2403.4
0.93
8.0
10.1
4.3
233.3
1.33
6.5
9.4
5.4
71.2
0.15
15.4
6.6
5.0
506.9
1.15
11.2
9.3
4.5
221.6
1.12
13.2
8.9
4.7
434.9
1.19
14.2
12.3
7.1
7834.2
0.56
13.7
9.6
5.5
152.1
1.34
12.4
9.6
4.6
815.4
0.73
13.0
8.9
4.5
85.7
0.45
13.2
9.6
4.0
166.1
1.41
3.3
7.8
5.3
47.2
0.74
8.1
10.8
5.7
6955.2
0.87
7.8
10.7
5.8
135.4
1.25
14.6
8.2
5.8
142.0
1.18
9.2
9.7
5.6
601.8
1.00
9.7
7.9
3.8

Q1. For the data on 31 mutual funds given above, conduct the following analysis:
i. Determine the measures of central tendency and of dispersion for the five variables.
ii. Provide the five-number summary i.e. the minimum, 1st quartile, median, 3rd quartile and maximum value for asset size.
Interpret the above results and comment on how the data is distributed.

Answer:
Collecting data can be easy and fun. But sometimes it can be hard to tell other people about what you have found. That’s why we use statistics. Two kinds of statistics are frequently used to describe data. They are measures of central tendency and dispersion. These are often called descriptive statistics because they can help


Q2. For the same data on mutual funds given above:
i. Is there a strong association between asset size and expense ratio?
ii. Create a scatter plot diagram depicting the association between the two variables.
iii. Using the regression equation, predict the 5-year return of a fund whose 3-year return was 8%.
Answer i:
Surely, there are strong connection between asset size and cost extent.
Asset organization associations (AMCs) has exceedingly qualified specialists to track progressions in


Q3. Assume there are 400 athletes in a training camp, who are required to attend the morning drill starting at 4 am. The attendance in morning drills is 70%, i.e. on an average, 280 athletes are present. Fifty new athletes are admitted in this batch.
a. What is the probability of attendance being at least 70% among the new athletes, thus ensuring the overall attendance does not fall below 70%? (5 Marks)
Answer:
a) Total competitors in a preparation camp = 400
50 new

b. The training coach thinks that this probability will increase, if the new batch size is 40 instead of 50 students. Is he right in assuming so? (5 Marks)
Answer:
So by and large competitors present in a groups =280+28=308
So add up to

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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...