Business Economics
December 2020 Examination
1. Rohan is appointed as an
economics’ professor in a reputed university. In his first lecture, students
asked him to elaborate on the Gross Domestic Product (GDP) and Gross National
Product(GNP). Help Rohan to prepare his first lecture on the given topic with a
relevant example and highlight the differences between the two concepts. (10
Marks)
Answer:
INTRODUCTION:
Gross Domestic Product
(GDP): The overall market and monetary value of every finished service
and goods manufactured in a country's border during a specified period is known
as Gross Domestic Product (GDP). The Gross Domestic Product of a country is
used to analyze and calculate the economy's growth rate and size. And to get a
more profound knowledge about a country's position and aspects, the company can
adjust Gross Domestic Product (GDP) for inflation. We can calculate the Gross
Domestic Product (GDP) of a nation with the help of three different ways viz.
with the help of incomes, production, or expenditure.
Gross
National Product (GNP): The overall Its Half solved only
Buy full from our online
store
https://nmimsassignment.com/online-buy-2/
NMIMS Fully solved assignment
available for session December 2020,
your last
date is 15th Dec 2020.
Lowest price guarantee with quality.
Charges INR
199 only per assignment. For more information you can get via
mail or Whats app also
Mail id is aapkieducation@gmail.com
Our website
www.aapkieducation.com
After mail, we will reply you instant or
maximum
1 hour.
Otherwise you can also contact on our
whatsapp no 8791490301.
Contact no is +91 87-55555-879.
2. Suppose the demand equation for
computers by Teetan Ltd for the year 2017 is given by Qd= 1200-P and the supply
equation is given by Qs= 120+3P. Find the equilibrium price and analyze what
would be the excess demand or supply if the price changes to Rs 400 and Rs 120.
(10 Marks)
Answer:
INTRODUCTION:
Demand curve equation: It is an equation that shows
different units of quantity demanded by a consumer at different market prices.
The formula of the linear demand curve is,
Where,
a = factors affecting price other than price like income, taste,
and preferences, etc.
b = slope of the
3. a. A business firm sells a good
at the price of Rs 450.The firm has decided to reduce the price of a good to Rs
350.Consequently, the quantity demanded for the goods rose from 25,000 units to
35,000 units. Calculate the price elasticity of demand. (5 Marks)
Answer:
INTRODUCTION:
Elasticity of demand: It is the percentage change in
demand for a commodity because of the percentage change in other factors affecting
the commodity's demand. We can calculate the elasticity of demand with the help
of the following formula:
3.b. “There is high cross
elasticity of demand between new and old cars”. Discuss the statement by
explaining the features of the cross elasticity of demand. Also, compare and
contrast cross elasticity with other types of elasticities of demand. (5 Marks)
Answer:
INTRODUCTION:
Cross elasticity of demand: The change in quantity
demanded of one commodity when the price of another commodity changes is known
as cross elasticity of demand. In other words, it is the change in the
percentage of the quantity demanded of a commodity because of the difference in
the rate of the price of another commodity. There are two kinds of goods in
cross elasticity of demand. These are substitute goods and
Corporate
Social Responsibilities
Question1. Explain in detail any five CSR activities that an organization should undertake to help the society.
Introduction
Corporate Social Responsibility, abbreviated as CSR, is of significance because it allows various multinational companies and corporations to engage or associate in social significance projects and is relevant to social welfare and improvements listed well under all the terms of The Companies Act of 2013. Although it is to be noted that the companies have the flexibility to choose the activities they would like to perform for the betterment of society and contribute a part towards the welfare of society.
Concept and Analysis
This
term of CSR has been well defined several Its Half solved only
Buy full from our online store
https://nmimsassignment.com/online-buy-2/
NMIMS Fully solved assignment available for session
December 2020,
your last date is 15th Dec 2020.
Lowest
price guarantee with quality.
Charges INR 199 only per assignment. For
more information you can get via mail or Whats app also
Mail id is aapkieducation@gmail.com
Our website www.aapkieducation.com
After
mail, we will reply you instant or maximum
1
hour.
Otherwise
you can also contact on our
whatsapp no 8791490301.
Contact no is +91 87-55555-879.
Question 2. As part of CSR Team you have been asked
to write your views in 1000 words on organisations responsibility towards
different stakeholders, which will be published on the company’s website under
“CSR Column”
Introduction
Practical social and business development has become a mysterious formula for tending to social issues and the difficulties of keeping up the stable climate needed for human life. The standards of social duty are illuminated. Corporate social responsibility is likewise depicted as a severe model of corporate administration (business visionaries, chiefs, and chiefs); it has obligations that incorporate
Question 3.a. It is the government job to
take care of the society and private organization should
focus only on profit.
Explain your view on the statement.
3.b. Citizen should
only pay taxes and this is the only duty of an individual towards a
country. Explain your
view on the statement.
Introduction
Corporate social responsibility is a strategy that the company or the organization carries out in their businesses with ethics, social friends, and helping and benefit a community or a society to develop. In the present, the Corporate social responsibility is known with different names in different organizations or businesses like the social responsibility, corporate responsibility, corporate social
Financial Accounting & Analysis
December 2020 Examination
1. Karagiri is a Pune based
startup that works with 800 families across India. The startup is in the
business of handloom saris. They converted the pandemic period in to an
opportunity. The business owners realized that accounting is essential to
permit informed judgements and decisions by the user of accounts. In the light
of given definition of accounting, discuss about users and uses of accounting
information (10 Marks)
Solution:
Introduction:
Accounting is a systematic record of business
and business transactions. It is the basis on which accounting summary is
prepared for analyzing accounting information and business performance.
According to Kohler, Accountancy refers to the
entire body of the theory and process of accounting.
According to Prof. Robert N. Anthony, nearly every business enterprise
has an accounting system. It means collecting, summarizing, Its Half solved only
Buy full from our online
store
https://nmimsassignment.com/online-buy-2/
NMIMS Fully solved
assignment available for session December 2020,
your last
date is 15th Dec 2020.
Lowest price guarantee with quality.
Charges INR
199 only per assignment. For more information you can get via mail
or Whats app also
Mail id is aapkieducation@gmail.com
Our website
www.aapkieducation.com
After mail, we will reply you instant or
maximum
1 hour.
Otherwise you can also contact on our
whatsapp no 8791490301.
Contact no is +91 87-55555-879.
2. Mr. Kohli is planning to invest
in the share market. He wants to study the Balance Sheet of Amul Industries. He
wants your guidance in finding the various elements of the Balance Sheet of
Amul Industries. Kindly discuss the same
Solution:
Introduction:
The Balance sheet is a part of company
financial statements. It gives details about the company’s assets and
liabilities. It helps the stakeholders and management to understand the net
worth of the company. It is a part of a company’s financial reporting
statements and is an important aspect to analyze while making strategic
business decisions.
Concept:
The Balance sheet is divided
3. Discuss for question (a) and
(b)
Define and identify the type of
Income / Expenses
Treatment of the Income / Expenses
in the Profit and Loss account, Impact of the Income / Expenses in the Balance
Sheet
a. You purchased 10 shares of
L& T Company last year. On 5th March 2019, the company has declared a
dividend Rs 50 per share. The income is earned but not yet collected in your
account during this financial year. (5 Marks)
Solution:
Introduction
Income is generally the amount received
against the rendering of services and selling of goods. Companies usually name
it as revenue from operations. The profit and loss statement shows the income
earned by the company in a particular year. Gains are recorded on the credit
side of the profit and loss statement.
Concept:
In India, the accrual system of accounting is
followed mostly. As a result of this, basic accounting conventions need to be
b. On 5th March 2019, Mehta
Brothers received 100% advance for goods, to be supplied in the next month. The
Cost of the goods was Rs50000. They usually sells the goods at 10% mark up. (5
Marks)
Introduction
The accounting system's accrual method
advocates that the incomes and expenses must be recorded in the accounting
system when accrued and earned. That means the payment, even if not received in
cash, must be accounted for. The expense must be
Information Systems for Managers
1.
Internet of Things (IoT)-enabled devices have made remote monitoring in the
healthcare sector possible, unleashing the potential to keep patients safe and
healthy, and empowering physicians to deliver superlative care. It has also
increased patient engagement and satisfaction as interactions with doctors have
become easier and more efficient. Furthermore, remote monitoring of patient’s
health helps in reducing the length of hospital stay and prevents
re-admissions. IoT also has a major impact on reducing healthcare costs
significantly and improving treatment outcomes. IoT is undoubtedly transforming
the healthcare industry by redefining the space of devices and people's
interaction in delivering healthcare solutions. IoT has applications in
healthcare that benefit patients, families, physicians, hospitals, and
insurance companies. The healthcare industry is rapidly adopting new-age
technologies such as Machine Learning and Artificial Intelligence to improve
access and outcomes, especially in rural areas. In this scenario, it is the
responsibility of businesses to ensure that technology acts with responsibility
and transparency. In recent years, India has seen increased IoT adoption in
education, governance, and financial services. IoT Technology has made it
possible for doctors to see and interact with patients who are located far,
with smart login devices. The patients' medical data and case history are
automatically transmitted to the doctor for analysis. What are the potential
cybersecurity challenges in using IoT in healthcare? Enlist a few areas in
which IoT can be used in healthcare. Identify the benefits of using IoT in
healthcare in a developing country like India. (10 Marks)
Introduction
The Internet of Things (IoT) has become a buzzword in
recent times in the digital and technical context. It has proved its potential
to bring the entire world together and present it in the grip of people's hands
through interconnected devices and networks. These devices have superlative
power to make the industries, educational sector, airports, and healthcare
smart and effective. It is engaged over sharing information and interacting
with multiple people across the world. As far as the healthcare sector is
concerned, Its Half solved only
Buy full from our online store
https://nmimsassignment.com/online-buy-2/
NMIMS Fully solved
assignment available for session December 2020,
your last
date is 15th Dec 2020.
Lowest price guarantee with quality.
Charges INR
199 only per assignment. For more information you can get via
mail or Whats app also
Mail id is aapkieducation@gmail.com
Our website
www.aapkieducation.com
After mail, we will reply you instant or
maximum
1 hour.
Otherwise you can also contact on our
whatsapp no 8791490301.
Contact no is +91 87-55555-879.
2. Netmeds.com, one of the largest
e-pharmacies claims more than 3.7 million customers in over 610 cities and
towns. The market size of e-pharmacies was approximately $512 million (Rs 3,500
crore) in 2018. It is predicted that there will be a compounded annual growth
rate (CAGR) of 63 percent which will reach $3.6 billion (Rs 25,000 crore) by
2022. Explain how information systems help in managing the supplies of
medicines by online pharmacies and delivering them to customers. (10 Marks)
Introduction
The supply chain process has attained particular and key
importance in the business context of the present generation. The supply chain
plays a key role in establishing a competitive advantage for corporations
across the world. However, the supply chain of pharmaceutical companies is
complex comparing to other companies. The flow of information plays a major
role in the medicine supply. The information system is used by the Medicines
Company and sectors like infrastructure, logistics, and services. The
3. Digital India is working to
transform the rural economy and create skilled jobs. It has touched upon all
aspects of our lives, from work, travel, and communication to healthcare,
education, and shopping. The push for e-governance and Digital India comes from
the telecom sector, increasing internet penetration and proliferating mobile
devices. As citizens become more tech-savvy, their aspirations are expected to
surge in terms of quality of services and the way cities are governed. A shift
towards citizen-oriented governance is imminent. E-governance is changing the
relationship between citizens and authorities. Every citizen will be able to
monitor activities of government, be aware of their plans to work directly, and
interact with them without queues and unnecessary bureaucracy. E-governance is
the automation of work with documents, statements of citizens, certificates,
licenses, and formal acts that legalize certain activities of citizens. The
average citizen is now familiar with digital payments, e-governance,
digitization of land records, etc. People are hoping for better utilization of
taxpayers' money. E-governance, or the use of ICT to deliver government
services, nurtures a transparent, productive, and efficient form of governance.
E-government can also reduce corruption. If diligently designed and
implemented, it can improve efficiency in the delivery of government services,
simplify regulations, strengthen citizen participation, and lead to
cost-savings for citizens, businesses, and the government itself.
The benefits of all this will be
the transparency of public authorities and local governments, savings in time
and material resources, and improvement in the quality of administrative
services. While barriers to efficient e-governance are many, social media,
mobility, analytics, and cloud technologies can make all the difference.
Notably, since we live in a connected economy, the benefits of e-governance
will not remain restricted to the 100 Smart Cities but will percolate to other
urban areas and even rural India. That said, it's also time to take into
cognizance threats such as data security. Data is the new oil and organizations
are looking to exploit the information they hold. The importance of addressing
cyber-security at the highest levels of corporate leadership cannot be
understated. Cyber-security is integral to national security. Here, IT
companies have a major role to play. They must set up a compliance framework
that not only protects consumer data but also deletes it when the work is done.
They need to rework their technologies and record-keeping systems. All sectors
have to train and retrain their IT teams. It's also time the government brings
in a new arsenal of talented individuals who are adept at innovating.
(Source:https://ezproxy.svkm.ac.in:2099/docview/2163976984/556EB64474D5424EPQ/1?accountid=32277)
a. Explain the different
e-governance models? What are the advantages of e-governance? (5 Marks)
Introduction
The government activities have largely been redefined with the
advent of the internet and the development of information and telecommunication
technology. The electronic government or e-governance is one such application of
information and communication technology involved in offering the common
services, integrating multiple systems, and functions between
government-to-business, government-to-citizen, government-to-
b. What are certain
challenges to e-government security? How can they be avoided? (5 Marks)
Introduction
With the development of information technology and communication,
e-government has attained huge recognition and importance in today's world. The
advancement of communication technology enables the common citizen, government
administration, and enterprises to exchange useful and important notification
over a network efficiently. However, many issues, such as e-government,
e-government model,
Management Theory and Practice
1. ABC Ltd. has been going through
a bad phase off late in their Business of Machine Spare Parts. The lockdown and
the Covid 19 scenario have impacted them even more. Someone suggested them to
use the 5 S technique to bring about a positive Change. Can you as a consultant
guide them on the same as they are clueless about the same? (10 Marks)
Introduction
In today's world, companies are adopting several marketing
strategies to stay ahead of other competitors. Through following the leaner
operation, the world-class companies are fueling their growth journey to a
greater extent. They aim to establish an environment where everyone works for
continuous improvement. In today's manufacturing scenario, every manufacturing
company tries to follow the 5S technique as a part of its ongoing improvement
program. Toyota first innovates this technique as a part
Its Half solved only
Buy full from our online
store
https://nmimsassignment.com/online-buy-2/
NMIMS Fully solved
assignment available for session December 2020,
your last
date is 15th Dec 2020.
Lowest price guarantee with quality.
Charges INR
199 only per assignment. For more information you can get via
mail or Whats app also
Mail id is aapkieducation@gmail.com
Our website
www.aapkieducation.com
After mail, we will reply you instant or
maximum
1 hour.
Otherwise you can also contact on our
whatsapp no 8791490301.
Contact no is +91 87-55555-879.
2. You are hired as an
external consultant to analyze the culture of XYZ Ltd. Can you please explain
that how will you analyze the same using Trompenaar's 7 Dimensions of Culture?
(10 Marks)
Introduction
In recent times, business establishments have witnessed a sudden
change in workplace culture and attitude. The business activities have become
more diverse due to globalization. Globalization has enabled the company to
expand its services worldwide and continue its use; they need to work with
diverse cultures. It is observed that a diverse workforce will yield better and
fast result, but when things don't go well, then managing such workforce become
a strenuous job for managers of the organization. Here, Trompenaar's
3. A newly set up start-up company
is confused about how to get their organizational structure correct and would
want to take some guidance from you
a. Can you share some
characteristics of an effective organizational structure (5 Marks)
Introduction
The organizational structure is one of the critical components for
the managers to carry out their daily tasks effectively. Many managers are
confused about accomplishing the project due to the lack of proper
organizational structure present in the company. The organization structure is
a system that is followed by every worker in an organization. It ensures the
managers of how the everyday task of an organization
b. Can you explain how will
the 6 box model help the organization designing its structure (5 Marks)
Introduction
The six box model is
an effective management strategy and model by which an organization can rectify
their problem. This model also helps the managers to find out the main issues
associated with the organization. This model's six components enable the
organization's managers to the areas where they were not known to. This model
assists the managers of the organization by delving into the main areas of the
problem. Therefore, it is of prime
Marketing Management
Case:
“Yuva” is a fitness band catering to Indian
youth in the lower price segment. There is a vast market thatis
health-conscious and wants the latest tech in the wearable device category.
There is currently two fitness band that is being sold by the company.
Given below are their prices.
|
Yuva Basic |
Rupees 899/- |
|
Yuva Pro |
Rupees 1199/- |
The product quality is good given
the price range. It has all fitness feature supported by colorful design. It
has a bigger display as compared to their competitors. The company has
purposely kept the display bigger for the youth audience as they want the feel
of a smartwatch at the price of a fitness band. The company has a plan to sell
only through an online platform. The product is available on the major
e-commerce platform as well as on the company’s website. It has just been 15
days that the product is launched but it doesn’t have any demand from
consumers. There is no problem with the product but there are no promotions
done by the company. You have been hired as a Marketing head of the brand Yuva.
1. Suggest various types of
segmentation for brand Yuva. (10 Marks) 800 Words
Answer:
INTRODUCTION:
Market Segmentation means dividing the potential market into
different segments or groups according to different homogenous bases. A company
can target different homogenous groups according to their behaviour and
response towards the commodity or service. Homogeneity, reaction, and
distinction are three bases on which the
Its Half solved only
Buy full from our online
store
https://nmimsassignment.com/online-buy-2/
NMIMS Fully solved
assignment available for session December 2020,
your last
date is 15th Dec 2020.
Lowest price guarantee with quality.
Charges INR
199 only per assignment. For more information you can get via mail
or Whats app also
Mail id is aapkieducation@gmail.com
Our website
www.aapkieducation.com
After mail, we will reply you instant or
maximum
1 hour.
Otherwise you can also contact on our
whatsapp no 8791490301.
Contact no is +91 87-55555-879.
2. How will you promote the brand
Yuva online? Suggest a minimum of five online platforms through which you will
promote the brand and increase the sale. (10 Marks)
Answer:
INTRODUCTION:
Online promotion: Promoting a brand or product or service
through internet platforms is known as online promotion. It is useful when a
company wants better exposure of its brand at a reasonable cost. It increases
the brand of a company and helps a company reach more consumers at a wide range
(globally).
It is better for small
3.a. Explain any five factors that
will influence the consumer behavior for the purchase of Yuva Fitness Band. (5
Marks)
Answer:
INTRODUCTION:
Consumer
Behaviour: Consumer behaviour is the study of a consumer's reaction to a
certain product or service regarding what they want to buy and their needs and
desires. To know the potential market that needs to be targeted, it is
important to understand the consumer's behaviour on a new or old product or
service. The behaviour of a consumer depends on various factors. And according
to the consumer's behaviour, a company can change their marketing strategies
and various other
Anand
has been raised in an economically modest family and has seen family struggle
to make ends meet. What worked well for Anand was his hard work and sheer
dedication because of which he was able to get through to the civil services
exam in the first attempt itself. As soon as Anand's training finished, he was
placed as a District Magistrate. Soon he notices a scam under a government
scheme involving a considerable amount of money. He raised the concern to the
higher authorities to which he was asked to be involved in it and get a
considerable part of the deal. Anand is now in a dilemma as he needs money to
look after his family requirements. The three personality traits, as per the
psychoanalytic theory of Sigmund Freud, act on him.
Introduction
Psychoanalytical theory can be defined as a theory based on
personality. It is based on the fact that a person gets motivated and
determined by forces that are not seen or known and is generally controlled by
conscious thoughts. It is a kind of
treatment used to treat mental disorders as people start typically talking when
they are under no pressure. They open their hearts and say anything which comes
into their mind. Sigmund Freud founded this theory. This theory was developed
to understand the unconscious's effects on human feelings, thoughts, and
behaviour. He also concluded that there is an effect of childhood events on
both normal and abnormal people. This
theory acts like a tool which finds the unconscious mind and decreases the pain
by Its Half solved only
Buy full from our online
store
https://nmimsassignment.com/online-buy-2/
NMIMS Fully solved
assignment available for session December 2020,
your last
date is 15th Dec 2020.
Lowest price guarantee with quality.
Charges INR
199 only per assignment. For more information you can get via
mail or Whats app also
Mail id is aapkieducation@gmail.com
Our website
www.aapkieducation.com
After mail, we will reply you instant or
maximum
1 hour.
Otherwise you can also contact on our
whatsapp no 8791490301.
Contact no is +91 87-55555-879.
2- Shritika is an entrepreneur; she has her HR
consultancy firm. In her, work Shritika gets to meet a lot of clients, which
she enjoys. Whenever she is stressed because of her work, she goes out with her
friends or family and then resumes work with new enthusiasm and energy. She is
one such boss that whenever the employees face any problem, they do not
hesitate to share with her. When the client is annoyed and loses his cool,
Shritika still maintains her composure and tries to solve his concerns. Based
on all the above narration, discuss Shritika's personality based on Big
Five/OCEAN.
Introduction
The big five personality traits are
also known five-factor model, and the ocean model is a structure for
personality traits. Personality seems to be a straightforward concept, but it
is a complicated concept to understand in reality. People widely accept this
theory. All people react differently to different situations. All this depends
on their personalities. Five main components play an essential role in an
individual's personality. Those five components are openness, agreeableness,
extraversion, neuroticism, and consciousness. All these are known as OCEAN.
This theory is a result of hundreds of researches. All these five traits tell
how an individual thinks, feels,
3.
As the famous saying goes by, "What you see and what you hear depends a
great deal on where you are standing. It also depends on what sort of person
you are."
Justify
this statement by throwing more light on the concept of perception.
Introduction
It is often said: It all depends on
what you perceive. Any information which we hear or see goes through the
process of selection, organization, and interpreting of this data/information.
At the same time, this process is about filtering thoughts based on our experiences.
Concept and application
Communication is the reception,
exchange of data, data transmission, information, and knowledge between
individuals. Through our senses, we perceive and become aware of things that
surround us. If we talk about conceiving, which is even more profound than
perceiving, is how to conclude the heard or seen information. So perceiving is
the only thing that we become aware of
No comments:
Post a Comment