MU0018 – CHANGE MANAGEMENT

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ASSIGNMENT

 

DRIVE SUMMER  2016

 

PROGRAM/ SEMESTER MBADS – (SEM 4/SEM 6) / MBAN2 / MBAFLEX – (SEM 4)

PGDHRMN – (SEM 2)

SUBJECT CODE & NAME MU0018 – CHANGE MANAGEMENT
BOOK ID B1807
CREDITS 4
Max. MARKS 60

 

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

  1. 1 Define the term ‘organisational transformation’. Discuss the various strategies to manage transformation in organizations.

 

Ans : organisational transformation:

 

Organisational Transformation is a term referring collectively to such activities as reengineering, redesigning and redefining business systems. The dominant enabling technology in transforming organization is information and technology. As business model change rapidly in the financial environment and mergers and acquisition change the face of the organization. So, organization continually need to

  1. A flexible, effective and efficient organization.
  2. A customer-centric approach to organizational

 

 

 

 

  1. 2 Describe Integrative Model for Planned Change.

 

Ans : Integrative Model for Planned Change:

 

Integrative Model of Planned Change was developed by Bullock and Batten (1985). It Describes both organisational states and change processes. The basis for this model is that an organisation exists in different states at different times.

  • Planned movement can occur from one state to another.
  • Understanding of the present state of the

 

 

 

 

  1. 3 The key purpose of communication of change is to ensure that the individuals understand what is going to happen and what is expected from them. Explain some other important needs for communicating change. Also explain the major methods and techniques for communicating change.

 

Ans : Needs of communication change :

 

  1. Managing communication to change is a proactive approach, as it correctly assumes that communication breakdowns cause people to do things that hurt performance.” He then goes on to describe a relatively traditional mix of communication tactics which enable communicators to deal with the gap and implement the change.

 

 

 

  1. 4 What do you mean by resistance to change? Discuss some of the reasons for individual (employee’s) resistance.

 

Ans :  Resistance to change:

 

Resistance to change is the act of opposing or struggling with modifications or transformations that alter the status quo in the workplace. Managing resistance to change is challenging. Resistance to change can be covert or overt, organized or individual. Employees can realize that they don’t like or want a change and resist publicly and verbally. Or,

 

 

 

 

  1. 5 List the types of change management strategies. Explain any two of them.

 

Answer : Strategies used in change management :

 

  1. Empirical rational :

 

People are rational and will follow their self-interest — once it is revealed to them. Change is based on the communication of information and the proffering of incentives.

 

  1. Normative reductive :

 

 

 

  1. 6 Write short notes on the following:

 

  1. Change agents
  2. Kolb’s Learning Cycle
  3. Organisational Learning

 

Ans : a. Change agents :

 

A Change Agent is someone who knows and understands the dynamics that facilitate or hinder change. Change Agents define, research, plan, build support, and partner with others to create change. They have the courage and the willingness to do what is best for the community.

Some characteristics of

 

 

 

  1. Kolb’s Learning Cycle :

 

Kolb developed a theory of experiential learning that can give us a useful model by which to develop our practice. This is called The Kolb Cycle, The Learning Cycle or The Experiential Learning Cycle. The cycle comprises four different stages of learning from experience and can be entered at any point but all stages must be followed in sequence for successful learning to take place. The Learning Cycle suggests that it is not sufficient to have an experience in order to learn. It is necessary to reflect on the experience to make

 

 

 

  1. Organisational Learning :

 

Organizational learning is an area of knowledge within organizational theory that studies models and theories about the way an organization learns and adapts.

In Organizational development (OD), learning is a characteristic of an adaptive organization, i.e., an organization that is able to sense changes in signals from its environment (both internal and external) and adapt accordingly. (see adaptive system). OD specialists endeavour to assist their clients to learn from experience and

 

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MU0016 – Performance Management and Appraisal

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ASSIGNMENT

 

DRIVE SUMMER 2016
PROGRAM MBADS (SEM 4/SEM 6)MBAFLEX/ MBAN2 (SEM 4)

PGDHRMN (SEM 2)

SUBJECT CODE & NAME MU0016 – Performance Management and Appraisal
BK ID B1868
Credit and Max. Marks 4 credits; 60 marks

 

Note – Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

Q1 Discuss the principles and dimensions of Performance Management

 

Answer : The principles of performance management

 

  • It translates corporate goals into individual, team, department and divisional goals.
  • It helps to clarify corporate goals.
  • It is a continuous and evolutionary process, in which performance improves over time.
  • It relies on consensus and co-operation rather than control or coercion.
  • It creates a shared understanding of what is required to improve performance and how it will be achieved.
  • It encourages self-management of

 

 

 

 

Q2 . What do you mean by feedback? Explain its Role, Types and Principles

 

Answer : Feedback is a two way street. It’s important that those who give feedback train themselves in how to do so effectively. But just as important is for everyone to learn how to receive feedback effectively.

 

No matter who is the person giving feedback – what their experience, position or level of power is – it’s up to the person receiving feedback how much of that information they accept.

 

There are two types of feedback: positive

 

 

               

 

Q.3. Assume that you have joined as an HR in an organization. The first task assigned to you is to conduct the Performance Appraisal Process. What according to you is its ? Describe the entire Performance Appraisal process.

Answer : Performance Appraisals is the assessment of individual’s performance in a systematic way. It is a developmental tool used for all round development of the employee and the organization. The performance is measured against such factors as job knowledge, quality and quantity of output, initiative, leadership abilities, supervision, dependability, co-operation, judgment, versatility and health. Assessment should be confined to past as

 

 

 

 

Q.4 Discuss the skills that a line manager require for effective Performance Management.

 

Answer : As a line manager you need to have the skills to prepare and run a successful performance appraisal meeting. Appraising and developing staff is essential to your role. Doing it well and leaving your staff feeling empowered and motivated is what will make the difference to team and individual success.

 

WHO SHOUD ATTEND

 

Suitable for individuals who carry out staff appraisals and are

 

 

 

 

 

 

Q5 Define the term ‘Ethics’. Discuss the key factors involved in ensuring Ethics in Performance Management(PM)

Answer : Ethics involved in Performance appraisals

Having ethics as a manager doing performance appraisals is very important for many reasons. These appraisals can be highly subjective, which can impact the relationships between the managers and the employee being reviewed. There are many different ways that a meeting can do from ethical to unethical. Listed are some of the general appraisal characteristics and an understanding on how it can be unethical:

 

Rewards, punishments and threats

 

 

 

Q6 Write short notes on the following:

a)MBO

Answer : Management by Objectives (MBO) is the most widely accepted philosophy of management today. It is a demanding and rewarding style of management. It concentrates attention on the accomplishment of objectives through participation of all concerned persons, i.e., through team spirit. MBO is based on the assumption that people perform better when they know what is expected of them and can relate their

 

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MU0015 –Compensation and Benefits

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ASSIGNMENT

 

DRIVE SUMMER 2016
PROGRAM MBADS (SEM 4/SEM 6)MBAFLEX/ MBAN2 (SEM 4)

PGDHRMN (SEM 2)

SUBJECT CODE & NAME MU0015 –Compensation and Benefits
BK BK ID B1859
Credit and Max. Marks 4 credits; 60 marks

 

 

Note – Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

 

  1. 1. Discuss the contents of Job Evaluation. Describe the process of Job evaluation

Answer : Content of job evaluation :

Job evaluations will determine the salary grade of a job and may occur at any time during the year. The table below describes the most common reasons for a job evaluation and the corresponding actions.

 

In the event that a department manager/supervisor would like to recommend a job evaluation, he or she should contact his or her human resources representative to discuss the situation and process for conducting the evaluation.

 

 

 

 

2 Suppose you are a HR Manager and you are asked to develop an effective Incentive Scheme for your organization. What are the pre-requisites you will consider while developing an Effective Incentive Scheme? Discuss the merits and demerits of Incentives

 

Answer : A successful incentive compensation plan focuses on achieving company goals by driving the right behaviors in employees. One of the biggest failures of incentive compensation programs is they often do not take into account all the key drivers that will make the company successful. How does a company determine if its incentive plan is effective? If the answer is “no” to any of the following questions, chances are the company is not getting the most benefit out of its plan.

 

 

 

 

 

 

3 Discuss the types of managerial remuneration. Explain the elements of a managerial remuneration

 

Answer : Managerial remuneration is compensation for services provided to a company in a managerial capacity. This can include cash payments, along with benefits like stock options, health insurance, and bonuses. Managers are typically paid more than the people they supervise, although they tend to make less than the executives at the head of the company. Some pay structures are transparent, making it easy to determine how much money managers make, while others may be confidential.

 

Elements of a managerial remuneration

 

 

 

  1. Define Pay Structure. What are its objectives? Explain the major decisions involved in designing and setting competitive pay structures

 

Answer : : Pay structure : A pay structure is a collection of pay rates or pay ranges. Structure setting and adjustment is the process of developing, adjusting, and maintaining a pay structure. Salary structures are a necessary part of effective management. They help make sure that the pay levels are externally competitive and internally fair.

 

Reason for developing a proper pay structure :

 

Salary structures are a necessary part of effective management. They help make sure that the pay levels are externally competitive and internally fair. Salary structures also allow companies to reward performance and development while controlling cost. Well-designed salary structures will attract highly skilled people to your company and keep them motivated within the organization.

 

 

 

 

Q5 . Explain the various criteria considered for rewarding the employees for their good service.

 

Answer : Managers who want to recognize employees for good work have many tools at their disposal. One of the more traditional ways to reward a top performer is to give her a promotion or raise or both. But how can you know whether someone is truly ready for the next challenge or deserving of that bump up in pay?

 

HR policies and company culture often dictate when and how people move up in a company. However, managers in most companies have a good deal of input into the decision, and in some cases they are the ultimate decision makers.

 

 

6 Write a short note on the following:

 

  1. a) Wage Policy Plan in India

 

Answer : Minimum wages need to be fixed in sweated industries & fair wage agreements need to be promoted in the more organized industries. Equal pay should be ensured for equal work. Wage differentials should be provided. Remuneration should be linked to productivity.

 

1)            Fixing of minimum wages: The appropriate government shall fix the minimum rates of wages payable to employees employed in the industries specified in the schedule. Revision can take place once in five years. The minimum wage may be fixed at a rate.

2)            Minimum rate of wages: It

 

 

 

b)Voluntary Retirement Scheme(VRS)

 

Answer : In the present globalised scenario, right sizing of the manpower employed in an organisation has become an important management strategy in order to meet the increased competition. The voluntary retirement scheme(VRS) is the most humane technique to provide overall reduction in the existing strength of the employees. It is a technique used by companies for trimming the workforce employed in the industrial unit. It is now a commonly method used to dispense off the excess manpower and thus improve the performance of the organisation. It is a generous,tax-free severance payment to persuade the employees to voluntarily retire from the company. It is also known as ‘Golden Handshake’ as it is the golden route to retrenchment.

 

 

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BB0025 – E Commerce

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Bachelor of Business Administration-BBA Semester V

BB0025 – E Commerce – 2 Credits

(Book ID: B0035/B0104)

Assignment (30 Marks)

 

Note: Each question carries 10 Marks. Answer all the questions.

Let us examine the simple task when an employee of a company wants to buy a PC for hisoffice.

Company

  • Generate request for PC including the specifications.
  • Approval process has to pass through one or more than one person, depending upon thecost involved, the position and/or right of the person.
  • Once sanctioned, request passes on to the

 

 

 

 

Q.1a. List all the possible procedural overheads we come across intraditional commerce

 

Answer:Traditional commerce can broadly be defined as the exchange of valuable objects or services between at least two parties. Such activity includes all of the processes that each party undertakes to complete the transaction. The earliest form of traditional commerce is the barter system.

 

The activities which most businesses engage in as they conduct commerce are called business processes.

 

 

 

 

Q.1b. Description about ecommerce resulting in cost and time reduction

 

Answer:Electronic commerce, or eCommerce, is conducting business over the Internet. Usually it refers to buying and selling goods and services, and transferring funds digitally. There are many benefits to eCommerce business, not the least of which is reduced transaction costs.

Quantity: When offline stores calculate transaction costs,

 

 

 

Q.2 a. What are the different elements of E-C applications? [5 Marks]

A1 E-commerce business applications abound the market. Across the Internet, there are numerous businesses and service providers that are rolling out and offering e-commerce business applications to different users. Because the Internet is a venue where suppliers and distributors are meeting to conduct business transactions, e-commerce business applications are aimed at both suppliers and consumers.

 

 

 

  1. Explain the different layers of OSI reference model [5 Marks]

Ans. The OSI Reference Model

The OSI model is based on a proposal developed by the International Standards Organization as a first step towards international standardization of the protocols used in the various layers. Its main objectives were to:

* Allow manufacturers of different

 

 

 

Q.3 Summarize the future directions of E-commerce. [10 Marks]

A3 The one constant is change, and in the area of an e-business strategy, this is certainly the case. You can see that the need for staying current on technology is the basis of your future e-business strategy. Often companies find themselves using the technology that the market offers to meet the latest customer needs within their organization. You can find the latest information on the ASP industry from the Web sites listened in previous articles in this series and the industry site WebHarbor.com is another excellent source of

 

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BB0022 CAPITAL AND MONEY MARKET

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ASSIGNMENT

 

PROGRAM BBA
DRIVE SUMMER 2016
SEMESTER 5
SUBJECT CODE & NAME BB0022 CAPITAL AND MONEY MARKET
BK ID B0101
CREDITS 4
MARKS 60

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

 

 

Question.1. Explain the securities market and discuss the methods of underwriting the securities.

 

Answer:Securities market is a component of the wider financial market where securities can be bought and sold between subjects of the economy, on the basis of demand and supply. Securities markets encompases equity markets, bond markets and derivatives markets where prices can be determined and participants both professional and non professionals can meet.

 

Securities markets can be split into two levels. Primary markets, where new securities are issued and secondary markets where existing securities can be bought and sold. Secondary markets can further be split into organised exchanges, such stock

 

 

 

Question.2. List out the primary stock exchanges operating in India and the causes of price fluctuations ofshares.

 

Answer:A stock market, equity market or share market is the aggregation of buyers and sellers (a loose network of economic transactions, not a physical facility or discrete entity) of stocks (also called shares); these may include securities listed on a stock exchange as well as those only traded privately.

 

What is a Stock?

 

Stocks in a company provide you a share of the company’s future profits in return for the capital invested. For instance, if you buy 1 stock of Apple

 

 

 

 

 

Question.3. Explain the meaning, requirements, criteria, advantages and limitations of Listing.

 

Answer:Various standards that are established by stock exchanges (such as the NYSE) to control membership in the exchange. Companies wishing to issue their stock on a given exchange must meet its listing requirements and continue to do so for as long as they are on the exchange.

 

Meaning: While the particulars vary by exchange, the two most important categories of requirements deal with the size of the company (as defined by annual income or market capitalization) and the liquidity of the shares (a certain number of shares must already have been issued).

 

Question.4. Discuss the shortcomings of Indian money markets

 

Answer:Indian money market is regarded as underdeveloped money market. The main shortcomings of Indian money market are as follows:

 

  1. Absence of Coordination:There is no coordination between organised and unorganized sectors of the money market. At times there is even wasteful competition between them.

 

Such a situation is extremely harmful for

 

 

 

 

Question.5. What do you mean by “Bullish and Bearish”. Explain the attitudes of buyers and sellers of calland put options

 

Answer:Bullish: Investors who believe that a stock price will increase over time are said to be bullish. Investors who buy calls are bullish on the underlying stock. That is, they believe that the stock price will rise and have paid for the right to purchase the stock at a specific price known as the exercise price or strike price. An investor who has sold puts is also considered to be bullish on the stock. The seller of a put has an obligation to buy the stock and, therefore, believes that the stock price will rise.

 

 

Question.6. Explain the importance of credit rating agencies. List out the credit rating agencies operating inIndia and describe the rating system.

 

Answer:A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor’s ability to pay back debt by making timely interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, and in some cases, of the servicers of the underlying debt, but not of individual consumers.

 

The debt instruments rated by CRAs include government bonds, corporate bonds, CDs, municipal bonds, preferred stock, and collateralized securities, such as mortgage-backed securities and collateralized debt obligations.

 

 

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BB0031- MANAGEMENT DEVELOPMENT

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ASSIGNMENT

 

DRIVE SUMMER 2016
PROGRAM BACHELOR OF BUSINESS ADMINISTRATION (BBA)
SEMESTER 6
SUBJECT CODE & NAME BB0031- MANAGEMENT DEVELOPMENT
BK ID B0099
CREDITS 4
MARKS 60

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

 

 

 

 

 

 

 

 

Q2. Discuss Line organizations in detail.

Ans. This is the oldest form of organization. This is known by different names, i.e. military, vertical, scalar, departmental, organization. All other types of organization structure have mostly been either modifications of this organization. The concept of line organization holds that in any organization derived from a scalar process, there must be a single head who commands it. Although an executive can delegate authority, he has ultimate

 

 

 

 

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BB0030 – ROLE OF INTERNATIONAL FINANANCIAL INSTITUTIONS

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ASSIGNMENT

 

DRIVE SUMMER 2016
PROGRAM BBA
SUBJECT CODE & NAME BB0030 –  ROLE OF INTERNATIONAL FINANANCIAL  INSTITUTIONS
SEMESTER 6
BK ID B0172
CREDITS 2
MARKS 30

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

 

  1. 1 How has India benefited from International Development Association?

 

Ans : IRDA Introduction:-

 

The International Development Association (IDA) is an international financial institution which offers concessional loans and grants to the world’s poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established in 1960 to complement the existing International Bank for Reconstruction and Development by lending to developing countries which suffer from the lowest gross national income, from troubled creditworthiness, or from the lowest per capita income. Together, the International Development Association and International Bank for Reconstruction

 

 

 

  1. 2 What are the types of assistance given by The International Finance Corporation?

 

 Ans : IFC:-

 

The International Finance Corporation (IFC) is the private sector lending arm of the World Bank Group, providing financial services to businesses investing in the developing world. As private enterprises often privilege “business confidentiality” over the public’s right to know, it is frequently difficult for the public to measure or influence the development impacts of the IFC’s activities.

 

Types of assistance given by IFC:-

 

 

Q.3 In what way has the Asian Development Bank assisted India? Give current information also.

 

Ans : India joined ADB at its founding in 1966 and since lending operations began in 1986, the world’s largest democracy of 1.2 billion people has undergone dramatic changes.

Growth rates have climbed steadily from under 3% in the 1970’s to over 8% in fiscal year 2010, as the government carried out major economic reforms. But while the past four decades have seen a significant reduction in absolute poverty and the emergence of a burgeoning middle class, vast numbers of people still remain poor, and the country needs to address the challenge of ensuring that growth is inclusive. The goal of ADB’s current

 

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BB0029 – ECONOMIC REFORMS PROCESS IN INDIA

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ASSIGNMENT

 

DRIVE SUMMER 2016
PROGRAM BBA
SUBJECT CODE & NAME BB0029 – ECONOMIC REFORMS PROCESS IN INDIA
SEMESTER 6
BK ID B0188
CREDITS 4
MARKS 60

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

 

  1. 1 Explain privatization through disinvestment in India.

 

Ans : Disinvestment  Definition:-

 

Disinvestment involves the sale of equity and bond capital invested by the government in PSUs through securitization. Disinvestment can also be defined as the action of an organisation (or government) selling or liquidating an asset or subsidiary. It is also referred to as ‘divestment’ or ‘divestiture.’ Securitization is a structured financial process which involves pooling and repackaging of cash flow producing assets into securities that are then sold to investors. The government and not the PSU’s receive money from disinvestment. The

 

 

  1. 2 Briefly discuss the reforms in the banking sector during 1992-2001

 

Ans : Various reforms are:-

 

1.Reduced CRR and SLR :

 

The Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) are gradually reduced during the economic reforms period in India. By Law in India the CRR remains between 3-15% of the Net Demand and Time Liabilities. It is reduced from the earlier high level of 15% plus incremental CRR of 10% to current 4% level. Similarly, the SLR Is also reduced from early 38.5% to current minimum of 25% level. This has left more loan able funds with commercial banks, solving the liquidity problem.

 

 

 

 

Q.3 Discuss the impact of convertibility both in current account and capital account.

 

Ans : Explanation of impact of convertibility in current account:-

 

current account convertibility means that any company that wants to conduct business with outside companies (like TCS, Infy etc.) can convert the dollar payment into Rupee payment or pay in terms of dollar itself. This is fully allowed in India provided that initial permission is taken from RBI. There is no need to take again and again permission from RBI permission for every transaction. Current account includes all transactions, which give rise to or use of

 

 

 

  1. 4 Write notes on VAT, MODVAT and Service Tax.

 

Ans : Explanation of Vat:-

 

The basic principles of VAT are contained in this document. It indicates how VAT works and with whom the responsibility for payment lies.

VAT is a tax on consumer spending. It is collected by VAT-registered traders on their supplies of goods and services effected within the State, for consideration, to their customers. Generally, each such trader in the chain of supply from manufacturer through to retailer charges VAT on his or her sales and is entitled to deduct from this amount the VAT paid on his or her purchases.

The effect of offsetting VAT on purchases against VAT on

 

 

  1. 5 Do you think poverty can be reduced through policies of inclusive growth? Justify

 

Ans : Yes poverty can be reduced through inclusive growth.

 

Justification:-

 

By definition, inclusive growth entails the equitable allocation of resources in order to generate benefits that can be incurred by all sectors of the society, thus alleviating poverty and inequality. Inclusive growth entails the equitable allocation of resources in order to generate benefits that can be incurred by all sectors of the society, thus alleviating poverty and inequality. However, is inclusive growth necessarily pro-poor? And does it ensure reducing the troubles of the most disadvantaged while benefiting everyone? There is yet no clear coherent measure to combine all the dimensions of inclusive growth that involves how the elements of

 

 

  1. 6 Has the FDI flows in the current times helped India? Elaborate

 

Ans : Yes FDI flows in current times helped India

 

Explanation:-

 

FDI inflows to India witnessed significant moderation in 2010-11 while other EMEs in Asia and Latin America received large inflows. This had raised concerns in the wake of widening current account deficit in India beyond the perceived sustainable level of 3.0 per cent of GDP during April-December 2010. This also assumes significance as FDI is generally known to be the most stable component of capital flows needed to finance the current account

 

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BB0028 – Entrepreneurship Development

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SUMMER 2016

 

Bachelor of Business Administration-BBA Semester 6

 

BB0028 – Entrepreneurship Development- 4 Credits

 

(Book ID: B0157)

 

Assignment Set- 2 (60 Marks)

 

 

Note: Each question carries 10 Marks. Answer all the questions.

 

 

Q1. Write a note on types of Entrepreneurs as classified by Danhof.

Ans. On the basis of nature Clarence Danhof classified entrepreneurs into four categories. These are –

 (i) Innovating entrepreneur: An innovative entrepreneur in one, who introduces new goods, inaugurates new method of production, discovers new market and recognizes the enterprise. It is important to note that such entrepreneurs can work only when a certain level of development is already achieved and people look forward to change and improvement. Innovative entrepreneurs are generally aggressive and possess the art of cleverly putting the attractive possibilities into practice. An innovating entrepreneur is one who introduces new goods, inaugurates new methods of production, discovers new market and re-organize

 

 

 

 

 

 

 

 

Q6. Digital is a leading laptop manufacturing company. It decides to add some more new products to the existing product line like – digital cameras and MP4 players.

Help them to understand the basics for internal growth of business and discuss the advantages and disadvantages as well.

Ans. Internal growth is the highest measure of growth that is attainable by a business without having to look for external sources of finance. The rate of internal growth can be calculated by the company’s retained earnings and then dividing them by the company’s assets.

Internal growth strategy or expansion

 

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BB0027 – CROSS – CULTURE ASPECTS OF BUSINESS

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ASSIGNMENT

 

DRIVE SUMMER 2016
PROGRAM BBA
SUBJECT CODE & NAME BB0027 – CROSS – CULTURE ASPECTS OF BUSINESS
SEMESTER 6
BK ID B0187
CREDITS 4
MARKS 60

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

 

  1. 1 Write a note on Specific Vs Diffused Culture.

 

Ans : Explanation of specific culture:-

 

This dimension measures how far people get involved with other’s life space.  Take a research group as an example.  In specific-oriented cultures, the project leader would segregate out the task relationship he/she has with a subordinate, and insulates this “work relationship” from other dealings.  Therefore, the leader’s authority only reaches where his/her work relationship with the subordinate is defined, and each area in which the two persons encounter each other is considered apart from the other.  Work and life are sharply separated in specific-oriented cultures life the U.S.

A specific culture is one in which individuals have a large

 

 

 

 

  1. 2 Explain Eiffel Tower Culture.

 

Ans : Eiffel Tower Culture :-

 

The design of the Eiffel Tower was originated by Maurice Koechlin and Émile Nouguier, two senior engineers who worked for the Compagnie des Etablissements Eiffel after discussion about a suitable centrepiece for the proposed 1889 Exposition Universelle, a World’s Fair which would celebrate the centennial of the French Revolution. In May 1884, Koechlin, working at home, made an outline drawing of their scheme, described by him as “a great pylon, consisting of four lattice girders standing apart at the base and coming together at the

 

 

  1. 3 Discuss business strategy and implications of culture on business strategy.

 

Ans : Business strategy:-

 

A business strategy is the means by which it sets out to achieve its desired ends (objectives). It can simply be described as a long-term business planning. Typically a business strategy will cover a period of about 3-5 years (sometimes even longer).

A business strategy is concerned with major resource issues e.g. raising the finance to build a new factory or plant. Strategies are also concerned with deciding on what products to allocate major resources to – for example when Coca-Cola launched

 

 

 

  1. 4 Explain japanese leadership approaches.

 

Ans : Japanese leadership approaches:-

 

The Japanese are a very collectivist society. There is a tighter social framework in which the person respects the group he or she belongs. Also, the Japanese place a great emphasis on belonging, working together and being a good member. Therefore, the best type of leadership style that would be most effective for the Japanese would be the participative leadership approach. The participative leadership approach is a style of leadership in which employees are involved in the decision making process and all members are invited to think strategically and also to improve the operation of the organization. Unlike managers in most other countries

 

 

  1. 5 Mr Zeeshan is a consultant. One of his clients wants to do business in UAE. What suggestions Mr Zeeshan shall give the client?

 

Ans : Explanation of Doing Business in Arab Countries:-

 

A potential for business is the first research in the business deal. It is great to see that the world is now more accessible and people are more open to ideas. It is time to cross geographical borders and mitigate in order to survive and sustain all types of competitions. The world is getting smaller owing to connectivity and time zones are never a problem now as technology is clearly proving to be a positive trait in all business deals. The Arabian world believes in certain rules for business and they are progressive in many ways about business conducts. Arabs do not weigh business with respect to timings but they value trust and loyalty.

 

 

  1. 6 Visit the site http://www.geert-hofstede.com/ and have a look at the cultural dimensions of India http://www.geert-hofstede.com/hofstede_india.shtml.Write a short note based on the observations.

 

Ans : Observations are:-

 

What about India:-

 

If we explore the Indian culture through the lens of the 5-D Model, we can get a good overview of the deep drivers of Indian culture relative to other world cultures.

 

1.Power distance:-

 

This dimension deals with the fact that all individuals in societies are not equal – it expresses the attitude of the culture towards these inequalities amongst us.

India scores high on this dimension, 77, indicating

 

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