Business Law
Internal Assignment Applicable for April 2020
Examination
1. Explain the types of
Alternate Dispute Resolution Mechanisms and differentiate between them? (10
Marks)
2. Explain in details two (2) real-life instances where the
consumer courts in India have granted compensation due to medical negligence.
Please explain the facts of the case and respective decision of the consumer
courts.
3. Ria and Mia are two adult sisters. Ria is the elder sister and
Mia the younger one. Both the sisters were orphan but had huge properties
bequeathed to them by their now deceased parents.
Mia first got married to Ravi whereupon Ria started living in the
same residence with Ravi and Mia together. Ria met with an accident and lost
both her legs, Ravi and Mia started taking great care of her even using their
savings to bear medical expenses of Ria. Ria after 2 years thereon decided to
gift all her share of the properties to Mia.
After 5 years, Mia then conceived a child and found it difficult
to take care of Ria. She requested Ria to go to a hospice, where she could be
taken care of.
Ria angered by this refused to do so and started living separately
with a maid, she demanded that the gift of the properties made by her to Mia
should be cancelled. Mia refused to do so.
Assuming you are the judge of the civil court hearing the matter,
can you decide on the following questions:
a. Whether the gift of properties by Ria to Mia is valid? Whether
Ria can oppose and seek for cancellation of the gift? If yes on what grounds
under Contract Act, 1872?
(5 Marks)
b. Can Mia claim from Ria the expenses undertaken by her for Ria’s
medical expenses? Explain with legal provisions in Contract Act, 1872?
Business Statistics
TABLE
GIVEN BELOW
|
Mfr 1- Life of bulf (in hrs)
|
Mfr 2- Life of bulf (in hrs)
|
|
684
|
819
|
|
831
|
907
|
|
859
|
952
|
|
893
|
994
|
|
922
|
1016
|
|
939
|
1038
|
|
972
|
1096
|
|
1016
|
1153
|
|
697
|
836
|
|
835
|
912
|
|
860
|
959
|
|
899
|
1004
|
|
924
|
1018
|
|
943
|
1072
|
|
977
|
1100
|
|
1041
|
1154
|
|
720
|
888
|
|
848
|
918
|
|
868
|
962
|
|
905
|
1005
|
1. A sample of 20 bulbs each was picked
from the manufacturing facility of two bulb manufacturers – Mfr 1 and Mfr 2.
The table above provides the life of bulbs for the two manufacturers. You are a
quality testing person and are presented with this data:
i.
Which
manufacturer has better performance on the life of bulbs? What are the
different measures you can consider to calculate performance?
ii.
How
would you assess the variability in performance of the two bulb manufacturers?
iii.
Would
your answer to the first question change based on your assessment of the
variability in performance of bulb manufacturers?
2. For the data in the table below: (10 Marks)
i. What do the correlation coefficients
of 1, shaded in yellow, indicate?
ii. The highest correlation coefficient
is 0.84, shaded in green. What can you infer from that score about the
relationship between the two variables?
iii. The two lowest correlation
coefficients are 0.06 and -0.06. What can you infer from that score about the
relationship between the two variables?
|
r correlation coefficient
|
Assets
|
Expense Ratio
|
Return 2006
|
3-Year Return
|
5-Year Return
|
|
Assets
|
1
|
|
|
|
|
|
Expense Ratio
|
-0.29
|
1.00
|
|
|
|
|
Return 2006
|
0.08
|
-0.13
|
1.00
|
|
|
|
3-Year Return
|
0.07
|
-0.11
|
0.70
|
1.00
|
|
|
5-Year Return
|
0.06
|
-0.06
|
0.59
|
0.84
|
1.00
|
3. The Indian cricket team is visiting
New Zealand to play a test series comprising five matches. In each match,
assume that the Indian team has a 70% chance of winning. Further, assuming that
the matches are independent of each other, what is the probability that:
a. The Indian team will win the
series?
b. The team will win all five
matches, and that the team will lose all?
Financial
Accounting & Analysis
1. Ind AS norms are
converged with the International Financial Reporting Standards, but these are
not equivalent to IFRS. Further, there are key differences between the requirements
of INDIAN GAAP, IFRS and Ind AS. Discuss five key differences among these
reporting standards. (10 Marks)
2. Mehra & Sons purchased a second hand light motor Vehicle at
a cost of Rs 2 lacs. Additionally, various accessories costing Rs50000 were
also purchased along with the Vehicles which are required to be replaced on a
yearly basis.
Mr. Mehra wants to write off the overall outflow in Income
statement
Discuss, whether he is correct or not? Discuss the need to
differentiate between the capital and revenue items? How these items are to be
treated in the financials of the company? Give reasons supporting the same (10
Marks)
3. a. All India Insurance Company received an insurance premium of
Rs 50 lacs on an insurance policy whose coverage extends till the mid of the
next accounting year.
(5 Marks)
3. b. Additionally, the company has a monthly salary expense of Rs
25 lacs. For the accounting year ended on March 31, 2019 the company paid 275
lacs on account of salary. The salary for the month end is paid in the first
week of April 2019.
Discuss the treatment of both of these payments in the books and
disclosures in the
financial statements, as on 31st March 2020
NMIMS Global Access School for Continuing Education (NGA-SCE)
Course: Essentials of HRM
Internal Assignment Applicable for April 2020 Examination
1. There is a lot of prominence given to the fact that the
processes like HR audit and HR accounting can only be successful if accurate HR
information is available. Throw light to authenticate this statement with
proper explanation on needs and application of HRIS in relation to retention
strategy & performance appraisal. Also, conclude by emphasizing the
significance of HRIS in today’s era.
2. Often it is noticed that employees do not find their
performance evaluation quite a progressive experience. Adding to the misery is
a fact that most managers will avoid discussing performance issues related to
behaviour. It’s more about discussing concrete job responsibilities, skills and
goals. There may be a grave concern that is never brought up because the
manager is afraid of the reaction or may lack the ability to translate it into
the right words. Keeping in view the above scenario/ situation discuss any two
performance appraisal methods where feedback to the employee is essential and
can help resolve such problems. (10 Marks)
3. Rachel joined Shimmer Net a software company as program
developer. On the very first day of her joining she was handed over some
literature and asked to take notes as well as cues from it which can be
utilized at her work. Learning the job role and responsibilities by herself was
becoming quite a task so she went to her peers for help when needed. It was
seen that her peers started avoiding her as they had their own work and
Rachel’s queries were disturbing them. Rachel was in crossroads and sad hence resigned
from her work within two months of joining. The HR department analyzed and came
to a conclusion that the prominent reason is lack of induction.
a. What innovative approach should the HR department come up with
in terms of Induction? Discuss (5 Marks)
b. Explain the purpose of induction that how things could have
been different for Rachel if the organisation followed a proper induction
pattern.
NMIMS Global Access School for Continuing Education
(NGA-SCE)
Course:
Marketing Management
Internal Assignment Applicable for April 2020 Examination
Dolls, Cars, activity kits, board
games are toys liked by kids. M/s Wonderkids, a company that has multiple
businesses has been eying the opportunity to target kids with various toys. The
company has launched a doll with the name “Pari” and a car with the name
“Speedy”. The company plans to distribute the products across the country. The
doll “Pari” is available in the range of Rupees 400 – 600 whereas the speedy
car is available in the range of Rupees 350 -550. The company plans to target
B2B customers by selling bulk quantity to kids based park, play groups. The
company has just launched the product and it has hired you to handle the
marketing activities of the new launched products.
1. Explain various ways to segment consumer market. (10 Marks)
2. What is the distribution channel that you will use to
distribute the product across Indian market? Explain the same with reason. (10
Marks)
3. a. Who will you select as a brand ambassador for “Pari” and
“Speedy”? Explain the same with reason. (5 Marks)
3. b. Explain various types of consumer products and state which
type of consumer product is “Pari” and “Speedy”?
Strategic Management
1. You are the owner of a
multi-million-dollar Retail business in India. Since the past 5 years, your
financial reports are showcasing a consistent drop in revenues & have
entered into a loss-making position. Your market share is also falling &
your organization is now believed to be in a weak market position. Which set of
corporate strategies will you explore? Finalize
the corporate strategy you would finally choose & how will you
execute the plan?
(10 Marks)
2. As the Chief Strategy Officer of Kia Motors & having
entered India recently, you have to decide on a Strategy Implementation tactic
to take on the fiercely contested automobile car market space in India. Which
Market Location tactic would you plan to choose to take on other automotive
rivals in this space? Justify with reasons? (10 Marks)
3. You are the Head-Manufacturing of Godrej Industries. You are
planning to set up a brand-new Manufacturing plant at a village in rural
Maharashtra.
a. Perform a Stakeholder analysis & suggest which all stakeholders
will be taken into confidence & also what would be your communications
approach plan to bring them into your point of view? (5 Marks)
b. Highlight some of the creative & innovative initiatives
that you would undertake to convince the stakeholders that you mean good for
all the stakeholders.
NMIMS SOLVED ASSIGNMENTS 2ND SEM April 2020 AVAILABLE CALL US AT 8510092683 or mail us at
Visit us:
www.assignmentsplus.in
No comments:
Post a Comment