Operations Management 1) As a business owner, one of the most critical decisions you will make is choosing a location for your business setup. What are the various decision criteria for deciding a location for a business setup, and how do they apply to setting up an electric vehicle charging station? Assume any size…
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Operations and Supply Chain Strategies Question 1: List down the competencies needed for an efficient global Operations and Supply Chain. Which competency would you highly prioritize if you are a producer of a semiconductor, which has a global demand in today’s scenario? Justify. Introduction In today’s highly competitive economic environment, organizations need…
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Manpower Planning, Recruitment and Selection Introduction When it comes to managing human resources, “recruitment” refers to locating and employing the candidate who is both the most qualified and the most productive for an open position in a timely and frugal way. It is one continuous process that encompasses a complete life cycle, beginning with…
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Logistics Management 1. “A successful Supply Chain Management can become ineffective with poor Logistics Management”. Explain your understanding about this statement. Ans : Introduction: Supply Chain Management (SCM) and Logistics Management (LM) are two essential aspects of any business organization that are often used interchangeably. SCM refers to managing the entire network of suppliers, manufacturers,…
Read DetailsINTERNATIONAL MARKETING Question 1 Introduction “Think globally, act locally” has become a famous call to action in various contexts, from environmentalism to politics to social justice. This phrase emphasizes the importance of considering the big picture while taking concrete steps to make a difference in our immediate surroundings. Concept and Analysis By encouraging people to…
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Information System for Managers Introduction A company’s plan to house its information technology infrastructure in the cloud is called its “cloud strategy.” However, by defining and outlining the cloud’s development plans, architecture, and governance model, cloud strategies can help ensure that cloud workloads, infrastructure, and applications function effectively. Concepts and applications As indicated in the…
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Industrial Relations & Labor Laws Introduction The International Labor Organization (ILO) is a UN institution. The International Labor Organization (ILO) promotes social and economic fairness by establishing global labor standards. The International Labor Organization (ILO) upholds norms generally designed to ensure that employment is available, productive, and sustainable globally in conditions of freedom, equity,…
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Financial Accounting Question 1: Analyse the following transactions for Surprise Ltd. using the concept of Accounting Equation comprising of Assets, Liabilities and Equity. (10 Marks) Commenced business with cash of ₹ 5, 00,000. Purchased equipment for cash ₹ 2, 00,000. Purchased furniture worth ₹50,000 on credit from IndiMart. Purchased raw materials for ₹25,000 against…
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Entrepreneurship and Venture Capital Management 1. Write a business plan (executive summary) of your own entrepreneurial idea also suggest and explain what kind of financing would you prefer for the same and why? Ans: Introduction My entrepreneurial idea is to start an online marketplace that connects small, independent farmers and consumers. The marketplace will allow…
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Digital Marketing Introduction The marketing funnel, also known as the buying funnel, is a graphical representation of all of the stages a client must go through before purchasing a product or service. In 1910, American philosopher John Dewey described the five steps customers go through before, during, and after acquiring a commodity or service. This…
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