Supply Chain Management 1. “Elixir Pharma” took to home delivery of medicines as a response to Covid situation. But the model remained as a feature after Covid situation changed. With business growth new challenges showed up like delay in delivery, wrong items getting delivered, returns and re-deliveries, out of stock of some items, while some…
Read DetailsSTRATEGIC MANAGEMENT 1. You are a business person who has access to capital and want to build a global advertising empire. Create a strategic plan to build your business; do you think that acquisitions could be a strategic option? Justify your answer. (10 Marks) Ans: Introduction As a business enterprise, my goal is to set…
Read DetailsStrategic Cost Management 1) The following information is available for a watch showroom. Calculate the following: a) Contribution b) PV Ratio c) BE Ratio (in no. of units and value) d) MOS at actual sales of Rs. 6, 00,000/- e) Number of watches to be sold to get a profit of Rs. 20,000/-…
Read DetailsSix Sigma Question 1 Introduction There are numerous methods readily available for fixing company problems. The popular 5-step procedure, DMAIC, frequently used for project-based simple method advancement, is one common strategy. Define-Measure-Analyze-Improve-Control is stood for by the letters DMAIC. Concept and Analysis With efficient avoidance drives slowly eliminating the feared COVID-19, nations worldwide have begun…
Read DetailsServices Marketing Question 1: You stay in an urban set up and in your city; health services for senior citizens are extremely unreliable. How will you plan your service offering? What are the challenges you will face while creating your service offering? Introduction Providing seniors living in urban areas with dependable medical care…
Read DetailsService Operation Management Q1. Explain the concept of ‘Service Design’ in Service Operations. Discuss the various approaches that Service setups can adopt to implement ‘Service Design’? Explain the concept with the help of reference from the Retail setup like a Supermarket. Ans: Introduction: The layout of service operations plays a vital function in establishing the…
Read DetailsResearch Methodology 1. Identify a relevant business problem, gather support from literature to identify research gap. Now, develop a research proposal based on the research gap. Ans: Introduction One relevant business problem that many companies face is employee turnover. Employee turnover is the rate at which employees leave a company and are replaced by new…
Read DetailsProject Management 1. A ABC company is launching the new project consist of designing and constructing a Cricket Stadium and Amenities around it. Prepare the RACI (Responsible, Accountable, Consult, and Inform) Matrix with the following details. Brief activity list (6-8 activities). Figure out 4-6 project management related roles. Prepare the RACI Matrix for the same.…
Read DetailsProcurement Management Question 1: Explain various types of purchases with appropriate examples Introduction When companies have a solid understanding of the many distinct types of purchases that customers make, they are in a better position to develop marketing strategies tailored to their target audience’s individual requirements and activities. Concept and Application There are several types…
Read DetailsPerformance Management System Q1. You are an HR Manager at Roohi Medical Devices Ltd. The company would like to introduce Self Appraisals for the Sales Teams. Design a Self Appraisal Form for Sales Executives in the organization. (10 marks) Introduction Performance management is a tool that corporations use to assist managers in adequately evaluating…
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