Tuesday 29 December 2015

ML0013-Retail IT Management

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Master of Business Administration - MBA Semester 3
ML0013-Retail IT Management
(Book ID: B1764)
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60
Q1. Elaborate the advantages and disadvantages of online retailing.
Answer. Advantages of online retail:
Easy access to market - in many ways the access to market for entrepreneurs has never been easier. Online marketplaces such as eBay and Amazon allow anyone to set up a simple online shop and sell products within minutes - see selling through online marketplaces.
Reduced overheads - selling online can remove the need for expensive retail premises and customer-facing staff, allowing you to invest in better marketing and customer experience on your e-commerce site.

Q2. Briefly explain different types of information systems.
Answer. Types of information system:
The "classic" view of Information systems found in the textbooks in the 1980s was of a pyramid of systems that reflected the hierarchy of the organization, usually transaction processing systems at the bottom of the pyramid, followed by management information systems, decision support systems, and ending with executive information systems at the top. Although the pyramid model remains useful, since it was first formulated a number of new technologies have been developed and

Q3. Explain Strategic Information system (SIS) in detail.
Answer. Strategic Information system:
Strategic information systems (SIS) are information systems that are developed in response to corporate business initiative. They are intended to give competitive advantage to the organization. They may deliver a product or service that is at a lower cost, that is differentiated, that focuses on a particular market segment, or is innovative.

Q4. “Information systems are prone to various threats”. What are the possible threats to information security? Explain in detail.
Answer. "The start of a new year is a great time for companies to evaluate their information security practices and begin thinking about what threats they'll be facing in the coming year," said Kevin Prince, CTO, Perimeter E-Security. "As these security threats are becoming more serious and difficult to detect, it is vital for companies to understand what they can do to best protect their systems and information.
Top information security threats:
1. Malware:

Q5. Describe the standards of The Association for Retail Technology Standards.
Answer. The Association for Retail Technology Standards (ARTS) is an internationally reaching standards organization dedicated to reducing the costs of technology through standards. Since 1993, ARTS has been delivering application standards exclusively to the retail industry. ARTS has four standards: The Standard Relational Data Model, UnifiedPOS, ARTS XML and the Standard RFPs. It is a division of the National Retail Federation. These standards enable the rapid implementation of

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Q6. Write short notes on:
a) Barcode Technology
b) Radio Frequency Identification Technology (RFID)
Answer. a. Barcode Technology:
A barcode is an optical machine-readable representation of data relating to the object to which it is attached. Originally barcodes systematically represented data by varying the widths and spacings of parallel lines, and may be referred to as linear or one-dimensional (1D). Later they evolved into rectangles, dots, hexagons and other geometric patterns in two dimensions (2D). Although 2D systems use a variety of symbols, they are generally referred to as barcodes as well. Barcodes
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ML0012-Store Operations

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Master of Business Administration - MBA Semester 3
ML0012-Store Operations
(Book ID: B1763)
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60
Q1. “The easiness of entry into retail business results in stiff competition and better value for the customers”. Explain the tips for successful retailing.
Answer. 1. Opening a retail store is no joke. It demands dedication, detailed study and meticulous planning. An individual must do his groundwork well. Plan things well in advance to avoid problems later on.
2. It is important to do some kind of research work before taking the big leap. Browse through related websites to gain an in-depth knowledge.
21. It is important for the retailer to track the cash flow.

Q2. What are the various advantages and disadvantages of standardization?
Answer. Advantages of Standardized Testing:
1. A practical solution.
 First off, most of the standardized tests are in multiple choice format. In other words, they are not complicated enough to explain and any student – no matter what level – can understand that they have to tick one of the boxes as their answer.


Q3. Elaborate the quality control procedure in detail.
Answer. QUALITY CONTROL PLAN
Each Producer providing QC/QA HMA, HMA, or SMA under the Certified Hot Mix Asphalt Producer Program is required to have a written QCP that is plant specific and is the basis of control. The QCP contains, but is not limited to, the methods of sampling, testing, calibration, verification, inspection, and anticipated frequencies.

Q4. “Retailers have an option to plan, assemble and modify as per their particular space specifications”. In the light of this statement, explain different kinds of retail shelves used in a store.
Answer. Types of Retailers:
There are 7 main types of retailers which can be defined by the size of their business and the way they in which they sell their products.
1. Department Store – This type of retailer is often the most complex offering a wide range of products and can appear as a collection of smaller retail stores managed by one company. The department store retailers offer products at various pricing levels. This type of retailer   adds high

Q5. Elaborate different preservation techniques which can be used for different kinds of goods in a store.
Answer. There are many different food preservation methods that can be safely used at home. Here is a list:
a. Canning – Fruits:
Fruits are high-acid foods, so they can be safely processed in a boiling water canner. The heat destroys yeasts and molds that may be present in the food and forces oxygen from the product and jars. The result is a tight, vacuum seal as the jar cools, which prevents re-contamination of the

Q6. Write short notes on:
a) Ergonomics
b) Carpel Tunnel Syndrome
Answer. a. Ergonomics:
Human factors and ergonomics (HF&E), also known as comfort design, functional design, and user-friendly systems, is the practice of designing products, systems, or processes to take proper account of the interaction between them and the people who use them.
The field has seen contributions from numerous disciplines, such as psychology, engineering, biomechanics, industrial design, physiology, and anthropometry. In essence, it is the study of

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ML0011-Buying and Merchandising

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Master of Business Administration - MBA Semester 3
ML0011-Buying and Merchandising
(Book ID: B1762)
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60
Q1. Explain different areas which are influenced by the merchandise strategy.
Answer. Consumers are becoming increasingly savvy when it comes to shopping. Although it’s easier than ever for shoppers to bargain hunt and compare prices on smartphones and tablet devices, the sticker price isn’t the only factor influencing what they buy and when they buy it. There are ways spa owners can use the science of shopping to increase the likelihood of clients making retail purchases.

Q2. “Success in Retailing can only be measured by making the most profitable use of the available space at hand”. Explain this statement in context to presentation of the merchandise.
Answer. Films generate income from several revenue streams, including theatrical exhibition, home video, television broadcast rights and merchandising. However, theatrical box office earnings are the primary metric for trade publications (such as Box Office Mojo and Variety) in assessing the success of a film, mostly because of the availability of the data compared to sales figures for home video and

Q3. What are the essentials of successful Visual Merchandising?
Answer. According to retail magazine, “visual merchandising takes your consumer from the retail display to the cash register. Encouraging sales through creative color and commercial retail design is a key element to keeping a customer interested.” So what does this mean for you as a store owner? It translates to five simple goals:
Q4. Define supplier and its types in the area of retailing.
Answer. Suppliers are essential to any retail business. Depending on your inventory selection, you may need a few or dozens. Sometimes suppliers will contact you through their sales representatives, but more often, particularly when you're starting out, you'll need to locate them yourself--either at trade shows, wholesale showrooms and conventions, or through buyers directories, industry contacts, the Business-to-Business Yellow Pages and trade journals.

Q5. “A retailer must decide on a procedure to analyze the merchandise performance”. Comment
Answer. Step 1:
Decide a list of issues that make the criteria to accept or reject a vendor. Column 1 illustrates nine issues that are considered for the purpose of evaluating vendor’s performance. The criteria list should not be either too comprehensive or too small as comprehensive list may consider some less/not important issues that may become difficult to use and small list on the other hand may

Q6. What are the different functions performed by the buying department of a retail store?
Answer. The retail merchandise plan cannot be properly framed and implemented unless the buying organization and its processes are clearly defined.
It includes determining:
1. Who will be responsible for merchandising procurement and related decisions?

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ML0010-Warehousing and Supply Chain Management

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Master of Business Administration - MBA Semester 3
ML0010-Warehousing and Supply Chain Management
(Book ID: B1761)
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60
Q1. “The success of an organization is dependent on whether its supply chain and competitive strategies complement each other”. Explain Strategic fit and its process in the light of this statement.
Answer. Strategic fit expresses the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment. The matching takes place through strategy and it is therefore vital that the company has the actual resources and capabilities to execute and support the strategy. Strategic fit can be used actively to evaluate the current strategic situation of a company as well as opportunities such as M&A and divestitures of

Q2. Briefly explain operational decisions in context to a retail store.
Answer. Operational Decisions: A type of short term decision by a company in lieu of long term strategies at the time of acquisition of company assets. These involve the day-to-day operations of the company, and therefore need to be addressed before any grand scheme issues.

Q3. Explain the transportation cycle for a retailer with all its components.
Answer. Utility cycling encompasses any cycling done simply as a means of transport rather than as a sport or leisure activity. It is the original and most common type of cycling in the world.
Utility or "transportation" cycling generally involves travelling short and medium distances (several kilometers, not uncommonly 3-15 kilometers one way, or somewhat longer), often in an
Q4. Explain components of time series forecasting method.
Answer. A time series is a sequence of data points, typically consisting of successive measurements made over a time interval. Examples of time series are ocean tides, counts of sunspots, and the daily closing value of the Dow Jones Industrial Average. Time series are very frequently plotted via line charts. Time series are used in statistics, signal processing, pattern

Q5. Briefly explain the distribution network design options.
Answer. 1. Supply Chain Management: Designing the supply chain network
2.  Topics to be covered Designing the supply chain network Designing the distribution network- role of distribution, factors influencing distribution Design options, e-business and its impact. Distribution networks in practice.

Q6. 6 Write short notes on:
a) Stock Keeping Unit
b) Lean Manufacturing
Answer. a. Stock Keeping Unit: In the field of inventory management, a stock keeping unit or SKU is a distinct type of item for sale, such as a product or service, and all attributes associated with the item type that distinguish it from other item types. For a product, these attributes could include, but are not limited to, manufacturer, description, material, size, color, packaging, and warranty terms. When a business takes an inventory, it counts the quantity it has of each SKU.

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Sunday 27 December 2015

MF0018-Insurance and Risk Management

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Master of Business Administration - MBA Semester 4
MF0018-Insurance and Risk Management
(Book ID: B1816)
Assignment (60 Marks)
Note: Answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Each Question carries 10 marks 6 X 10=60.
Q1. What do you understand by the term risk and uncertainty? Explain different types of risk facing business and individuals.
Answer. Risk is the weighing potential costs to a particular idea or activity. Uncertainty is the inability to calculate risks or benefits. The difference between them is a matter of knowledge.
Risk is the potential of loss (an undesirable outcome, however not necessarily so) resulting from a given action, activity and/or inaction, foreseen or unforeseen. The notion implies that a choice having an influence on the outcome sometimes exists (or existed). Potential losses themselves

Q2. Identify the role of insurance in managing risk financing. Explain the importance of insurance transaction. Discuss in different perspectives of insured and insurer.
Answer. Rising insurance premiums and the occasional inability to obtain coverage at any cost have changed the traditional role of insurance. Obtaining coverage for every insurable risk is being replaced by the risk management concept. Risk management, which includes insurance coverage, is intended to minimize the costs associated with assuming certain types of risk and providing prudent protection. It deals with pure risks that are characterized by chance occurrence and that

Q3. Explain the reasons that have been responsible for the privatization of the insurance industry in the country. Identify the problems and prospects of public insurance enterprises.
Answer. Over the past century, Indian insurance industry has gone through big changes. It started as a fully private system with no restriction on foreign participation. After the independence, the industry went to the other extreme. It became a state-owned monopoly. In 1991, when rapid changes took place in many parts of the Indian economy, nothing happened to the institutional structure of insurance: it remained a monopoly. Only in 1999, a new legislation came into effect

Q4. Explain the creation and application of insurable interest. Give the differences between wagering and insurance.
Answer. Insurable interest exists when an insured person derives a financial or other kind of benefit from the continuous existence of the insured object (or in the context of living persons, their continued survival). A person has an insurable interest in something when loss-of or damage-to that thing would cause the person to suffer a financial loss or other kind of loss.
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Q5. Give the important activities of Life Insurance Company. Describe the important historical milestones in the development of the life insurance sector in India.
Answer. Important activities of Life Insurance Company:
An important development in the financial markets of several industrial countries in recent decades has been the growth of long-term institutional investors and their increasing domination of the capital market. Aided by both demographic and financial market trends, it seems likely that this development will continue in the future. However, the nature and the importance of this change - including the global dimensions of the trend towards institutionalization - have often

Q6. Give short notes on:
(a) Pricing objectives.
(b) Pricing elements.
(c) Rate computation.
Answer. (a) Pricing objectives
A goal that guides a business in setting the cost of a product or service to potential consumers. A pricing objective underlies the pricing process for a product, and it should reflect a company's marketing, financial, strategic and product goals, as well as consumer price expectations and the levels of available stock and production resources. Some examples of pricing objectives include maximizing short run profits, increasing sales volume, matching competitors' prices, encouraging

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MF0017-Merchant Banking and Financial Services

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Master of Business Administration - MBA Semester 4
MF0017-Merchant Banking and Financial Services
(Book ID: B1815)
Assignment (60 Marks)
Note: Answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Each Question carries 10 marks 6 X 10=60.
Q1. Explain the concept of merchant banking. Give a small introduction on book building and write about the methods and guidelines for book building.
Answer. Merchant Banking is a combination of Banking and consultancy services. It provides consultancy to its clients for financial, marketing, managerial and legal matters. Consultancy means to provide advice, guidance and service for a fee. It helps a businessman to start a business. It helps to raise (collect) finance. It helps to expand and modernize the business. It helps in restructuring of a business. It helps to revive sick business units. It also helps companies to register, buy and sell shares at the stock exchange. In short, merchant banking provides a wide

Q2. Explain the whole concept of issue management which includes pre-issue and post issue management.
Answer. The phrase “issue management” was coined by Howard Chase in April of 1976. Throughout the 1950s and 1960s in his role as a corporate PR officer, Chase was fascinated with the increasing influence that outside forces exerted on corporations. Chase was convinced that there exists within the company a group of professionals with the network of relationships in place that could alert the organization early on that an issue was brewing. The resulting lead time could enable the company to better respond when trouble hit.

Q3. Financial services are of several kinds. Financial services are divided into two extensive categories. Explain in detail both the categories of financial services.
Answer. Fund Based Services:
Ø  Working Capital financing.
A firm's working capital is the money available to meet current obligations (those due in less than a year) and to acquire earning assets. China-trust Commercial Bank offers corporations Working Capital Finance to meet their operating expenses, purchasing inventory, receivables financing, either by direct funding or by issuing letter of credit.

Q4. Give the difference between Bank Vs Depository. Explain the functions performed by depository.
Answer. Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank links together customers that have capital deficits and customers with capital surpluses.

Q5. Give the introduction of leasing with an example. Explain all the four types of leasing.
Answer. Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payments.
The lessee is the receiver of the services or the assets under the lease contract and the lessor is the owner of the assets. The relationship between the tenant and the landlord is called a tenancy, and can be for a fixed or an indefinite period of time (called the term of the lease). The consideration for the lease is called rent. A gross lease is when the tenant pays a flat rental

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Q6. Write about the concept of securitization and its features. Explain the process of securitization of debts and its advantages.
Answer. Securitization is the process of taking an illiquid asset, or group of assets, and through financial engineering, transforming them into a security. The process through which an issuer creates a financial instrument by combining other financial assets and then marketing different tiers of the repackaged instruments to investors. The process can encompass any type of financial asset and promotes liquidity in the marketplace.


MF0016-Treasury Management

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Master of Business Administration - MBA Semester 4
MF0016-Treasury Management
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60
Q1. Give the meaning of treasury management. Explain the need for specialized handling of treasury and benefits of treasury.

Answer. Treasury management is the planning, organising and control of funds required by a corporate entity. Funds come in several forms: cash, bonds, currencies, financial derivatives like futures and options etc. Treasury management covers all these and the intricacies of choosing the right mix. According to Teigen Lee E, “Treasury is the place of deposit reserved for storing treasures and disbursement of collected funds”. Treasury management is one of the key responsibilities of the Chief Financial Officer (CFO) of a company.

 


Q2. Explain foreign exchange market. Write about all the types of foreign exchange markets. Explain the participants in foreign exchange markets.

Answer. Foreign Exchange market (forex market) deals with purchase and sale of foreign currencies. The bulk of the market is “over the counter” (OTC) i.e. not through an exchange which is well regulated.
International trade and investment essentially requires foreign markets. Banks act as intermediaries and perform currency exchange transactions by quoting purchase and selling prices.

 



Q3. Write an overview of risk mitigation. Explain the processes of risk containment. Write about the tools available for managing risks.

Answer. Risk Mitigation: It is important that an organisation is not only aware of the risks before it impacts their bottom line, but has well-laid action plans to meet the risks and mitigate its adverse impact.
The overall responsibility for risk management lies with the top management and the board of directors of the enterprise.


 



Q4. What is Interest Rate Risk Management (IRRM)? Write the components and features of IRRM. Explain the macro and micro factors affecting interest rate.

Answer. Interest Rate Risk Management (IRRM)
Interest Rate Risk is the risk
·       to the earnings from an asset portfolio caused by interest rate changes
·       to the economic value of interest-bearing assets because of changes in interest rates
·       to costs of fixed-rate debt securities from falling bank rates
·       to impact of interest rates on cost of capital used by the firm as hurdle rate for capital investment

 



Q5. Explain the contents of working capital. Write down the need for working capital.

Answer. As stated above, working capital comprises the working assets of a firm. What are these assets? Look at the items in these examples.
1.     A trading business for instance may have to purchase and store products to be sold, paying for them before they can be sold and cashed. A factory that produces and sells products has to store raw materials and finished goods, besides having some unfinished materials under process.
2.     A company may also need to allow the customers to pay later instead of insisting on cash at the point of delivery.

 




Q6. Explain the concepts and benefits of integrated treasury. Explain the advantages and disadvantages of operating treasury.

Answer. The concept of integrated treasury works on the principle that Treasury can be a single unifying force of a company’s activities in the money market, capital market and forex market; and can help the company derive synergy. Synergy is a powerful advantage in business because it brings together two or more activity domains and achieves a total effect that is greater than the sum of all the individual domains.

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MF0015-International Financial Management

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Master of Business Administration- MBA Semester 3
MF0015-International Financial Management
(Book ID: B1759)
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60
Q1. Discuss the goals of international financial management.
Answer. International Financial Management is a well known term in today’s world and it is also known as international finance. It means financial management in an international business environment. It is different because of different currency of different countries, dissimilar political situations, imperfect markets, diversified opportunity sets. A business organization is organic in nature, and its successful growth depends on the financial efficiencies of operations and strategies. Therefore, the primary goals of

Q2. The key component of the financial system is the money market that acts as a fulcrum of monetary operations.
Write down the important points under each category mentioned below.
a) Functions performed by money market
b) International interest rates
c) Standardized Global Market regulations.
Answer. a) Functions performed by money market
1. To maintain monetary equilibrium. It means to keep a balance between the demand for and supply of money for short term monetary transactions.
Q3. Thousands of years back the concept of bartering between parties was prevalent, when the concept of money had not evolved. Explain on counter trade with examples.
Answer. Trading between nations has been happening since time began. In ancient time nations traded silk, spices, cloth and animals of all kinds. Today nation trade food items, defense equipment, metals, electronics etc. The products might have changed but the basic concept is still the same as the underlining need which brings together two nations in a trade relationship still exists. One such method of trading between nations is called counter trade.

Q4. There are different techniques of exposure management. One is the Managing Transaction Exposure and the other one is the managing operating exposure. So you have to explain on both Managing Transaction Exposure and Managing Operating Exposure.
Answer. Transaction Exposure
The risk, faced by companies involved in international trade, those currency exchange rates will change after the companies have already entered into financial obligations. Such exposure to fluctuating exchange rates can lead to major losses for firms.

Q5. Every firm is going on concern, whether domestic or MNC.
Explain the techniques of capital budgeting and the steps to determine cash flows.
Answer. Capital investments are long-term investments in which the assets involved have useful lives of multiple years. For example, constructing a new production facility and investing in machinery and equipment are capital investments. Capital budgeting is a method of estimating the financial viability of a capital investment over the life of the investment.

Q6. Write short note on:
a. American Depository Receipts (ADR)
b. Portfolio
Answer. a. American Depository Receipts (ADR)
An American depositary receipt (ADR and sometimes spelled depository) is a negotiable security that represents securities of a non-U.S. company that trades in the U.S. financial markets.
Shares of many non-U.S. companies trade on U.S. stock exchanges through ADRs, which are denominated and pay dividends in U.S. dollars and may be traded like regular shares of stock. ADRs are also traded during U.S. trading hours, through U.S. broker-dealers. They simplify investing in foreign securities by


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Friday 25 December 2015

MH0054-Finance, Economics and Planning in Healthcare

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Master of Business Administration - MBA Semester 3
MH0054-Finance, Economics and Planning in Healthcare
(Book ID: B1215)
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60
Q1. Give an account of the incentives available to healthcare sector under the Income Tax Act.
Answer. INCENTIVES UNDER THE INCOME TAX ACT, 1967
1. A. OPERATIONAL HEADQUARTERS (OHQ)
An OHQ generally refers to a company that provides support services to its offices correlated companies regionally and globally.

Q2. What do you mean by health economics? Discuss the role of economists in healthcare industry.
Q3. Discuss the importance of financial information in Healthcare Organisations.
Answer.  Importance of financial information in Healthcare Organisations:
Managing the finances of any health care business nowadays is like driving a car with foggy windows. The industry has been changing in big ways since long before the Affordable Care Act took effect. Medicare's coding system for billing and the advent of electronic medical records are examples of these changes. Financial management in health care requires exceptional skill.

Q4. Explain different methods of evaluation of healthcare services.
Answer. Health Care Evaluation: Study design for assessing effectiveness, efficiency and acceptability of services including measures of structure, process, service quality, and outcome of health care.
Steps in designing an evaluation
Firstly it is important to decide which dimensions are to be evaluated? – inputs, process, outputs, outcomes, efficiency etc. Objectives for the evaluation itself should be set (remember SMART) -

Q5. Define cost accounting. Explain the various categories of costs. 
Answer.  Cost Accounting:-
A method of accounting in which all costs incurred in carrying out an activity or accomplishing a purpose are collected, classified, and recorded. This data is then summarized and analyzed to arrive at a selling price, or to determine where savings are possible.

Q6. What is financial reporting? Explain the need for financial reporting.
Answer. Financial reporting involves the disclosure of financial information to management and the public (if the company is publicly traded) about how the company is performing over a specific period of time. Financial reports are usually issued on a quarterly and annual basis. This is different from management reporting, which is financial information that is disclosed to those inside the company to be used to make decisions within the company. Financial reports are included in a public company's annual report.
Financial reporting includes the following:
·       The external financial statements (balance sheet, income statement, statement of cash flows, and statement of  stockholders' equity)

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