Monday 29 February 2016

MU0018-Change Management

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Master of Business Administration - MBA Semester 4
MU0018-Change Management
(Book ID: B1807)
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. Describe Kotter’s Eight Step Change Model.
Answer. Kotter introduced an 8-step change model for helping managers deal with transformational change which is summarised in Kotter’s 8-step change model.

8 Step Process:
Q2. Explain the various steps at which control takes place in a Change Management Process.
Answer. Change Management Process Control:
In the change management process, controlling takes place at various steps, which are as follows:
Step 1: Preparation for change
a) The required change has to be identified
Q3. What do you mean by Organizational Effectiveness? Explain the approaches involved in achieving Organizational Effectiveness.
Answer. Organizational Effectiveness:
Organizational effectiveness is the concept of how effective an organization is in achieving its goals. Every employee in a company contributes to organizational effectiveness. Taking into account skills, experience, motivation and rank, some employees play a bigger role than others. These are the people who contribute to the development of organization mainly with their knowledge.
Q4. Define organizational Culture. Describe briefly about the types of organizational Culture.
Answer. Organization Culture:
By organization culture, we mean the strategies and attitudes deemed constant, and prevalent throughout the workforce hierarchy. Different organizations follow different work cultures in their workplace, and culture is what makes a workplace an organization. It is a blend of innovation and the ability to take risks, attention to detail, outcome, people and team orientation, aggressiveness and stability.
Q5. Explain the Behavioural Approach to Individual Change.
Answer. The behavioural approach to change, as the name implies, very much focuses on how one individual can change another individual’s behaviour using reward and punishment, to achieve intended results. If the intended results are not being achieved then an analysis of the individual’s behaviour will lead to an understanding of what is contributing to success and what is contributing to non-achievement. In order to elicit the preferred behaviour the individual must be encouraged to behave that way, and discouraged from behaving any other way. This approach has its advantages and disadvantages.
Q6.Write a brief note on the following:
a) Kurt Lewin’s Model of change
b) Burke-Litwin Model of organizational performance and change
Answer. a. Kurt Lewin’s Model of Change:
In order to ensure that change is permanent, Kurt Lewin described the three phases of the change process which can enable the organization to move from the current state to the desired state-Unfreezing, Changing and Refreezing.
Process Model of Organizational Change
Unfreezing: This stage is designed to make the employees aware and prepared for the proposed change. Unfreezing leads to a clean state so that new ideas and practices can be written on this, which can be


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MU0017-Talent Management and Employee Retention

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Master of Business Administration - MBA Semester 4
MU0017-Talent Management and Employee Retention
(Book ID: B1869)
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 the key elements of Talent Management System.
Answer. Key Elements of a Talent Management System
Recruitment and Selection: Recruitment is the process of finding and hiring the best-qualified candidate for a job opening, in a timely and cost effective manner. Recruitment and retention have become a big challenge for organizations due to the continuing global talent shortage, the changing worldview of work by new generation employees entering the workforce, and the ever increasing evidence that poor recruitment decisions have a direct impact on the bottom line.
Q2. Define Talent Management. Discuss the Talent management Approaches.
Answer. Talent Management
Talent Management is useful to both the organization and the employees. It is defined as a conscious and systematic approach taken up to attract, identify, develop and retain productive and engaged employees with aptitude and abilities to meet current and future organizational needs by fulfilling the business/operation critical roles. Its goal is to create a high-performance, sustainable organisation that meets its strategic and operational goals and objectives.
Q3. Define talent planning. What are objectives and steps of Talent Planning?
Answer. Definition of talent planning - A conscious, deliberate approach undertaken to attract, develop and retain people with the aptitude and abilities to meet current and future organisational needs.
Objectives of talent planning – Talent management is a key succession planning tool that provides an integrated means of identifying, selecting, developing and retaining top talent within our organization which is required for long term planning.
Q4. Explain the key Compensation principles. What do you mean by Total Rewards? Discuss the elements of Total Rewards.
Answer. Compensation is the HRM activity that deals with every type of reward that individuals receive for performing organizational tasks. It is basically an exchange relationship. Employees exchange their labour for financial and non-financial rewards. Financial compensation is both direct and indirect. Direct financial compensation consists of the pay an employee receives in the form of wages, salary, bonuses, and commissions. Indirect financial compensation (also called “benefits”) consists of all the rewards that are not included in direct compensation, such as vacation time and insurance coverage.

Q5. Explain the organizational issues pertaining to Talent Management.
Answer. Organizational issues pertaining to Talent Management
Organizational issues pertaining to talent management could arise because of focus and fit.
(i) Focus: The different types of focus are:
Step by step focus: In this, managers look for employees with potential to take one step ahead in their career. Talent management needs to have a proactive approach to both skill enhancement and career progress
Q6. Write short notes on:
A) Workforce Analysis
B) Talent Review
Answer. a. Workforce Analysis
It is a systematic process in which an organization identifies the critical jobs and competencies, needed for the current and future employees, and develops strategies to overcome any gaps.
Its main priority is using information to obtain an overview of the workforce and targeting talent management initiatives which include:
a)    Identifying critical job roles for analysis and planning.
b)    Reviewing knowledge/skills/attributes needed.
c)    Determining employee population for review.
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MU0016-Performance Management and Appraisal

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Master of Business Administration - MBA Semester 4
MU0016-Performance Management and Appraisal
(Book ID: B1868)
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 principles and dimensions of Performance Management.
Answer. Principles of Performance Management:
1. Be honest and open – good performance management relies on a good relationship.
2. Keep it simple – keep the emphasis on development and performance, and keep the paper work and process simple.
3. Keep in touch – use mini-reviews to build towards a performance review.
4. Make goals interesting, challenging and engaging – this is what really motivates people to achieve.
5. Pull together – align individual’s goals with team and organizational goals.

Q2. What are the key contents of a Performance Agreement? Explain.
Answer. Performance Agreements Lead to Improved Organizational Results
General Accounting Office (GAO) report released, found results-oriented performance agreements between agency leaders and senior political and career executives led to improved organizational results. The report, Emerging Benefits from Selected Agencies' Use of Performance Agreements, centred on the implementation of performance agreements in three agencies—Veterans Health Administration, the Department of Transportation, and the Office of Student Financial Assistance within the Department of Education.

Q3.  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 purpose? Describe the entire Performance Appraisal process.
Answer. Organization uses performance appraisals for Evaluation and Developmental purposes to improve the human resources of an organization by human resources of an organization.
The purpose of performance appraisal:
1. Evaluation:
To let employees know where they stand relative to performance objectives and standards. An effective entails the following:
• Establishes performance standards that are measurable performance standards.

Q4. Discuss the skills that a line manager requires for effective Performance Management.
Answer. Some managers inspire, some motivate, and others fail miserably to engage their employees. The entertainment industry seems to have created the ultimate formula for the “bad manager” character, so why can’t real managers understand how to be effective? When employees choose to leave a position, it’s often because of their manager or relationships with people in their working environment.
5 skills that your line managers must have:

Q5 Define the term ‘Ethics’. Discuss the key factors involved in ensuring Ethics in Performance Management.
Answer. Importance of ethics in PM
When it comes to project management, ethics are extremely important in gaining the support of the project team. Ethics are defined as the moral values, beliefs, and rules that one upholds in their life on the job and personally to ensure right from wrong.
Ethical Issues
There are a number of different components of managing a project. While conducting project management, profit and staff motivation are often paramount. However, a project manager must also remember his obligation to be an ethical, responsible employer, employee and corporate citizen. Some of

Q6. Write short notes on the following:
(a) MBO
(b) Behaviorally Anchored Rating Scales Method (BARS)
Answer. a. 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 personal goals to organizational objectives. Superior subordinate participation, joint goal setting and support and encouragement from superior to subordinates are the basic features of MBO.



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MU0015-Compensation and Benefits

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Master of Business Administration - MBA Semester 4
MU0015-Compensation and Benefits
 (Book ID: B1859)
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 contents of Job evaluation. Describe the process of Job evaluation.
Answer. Contents of Job Evaluation
The contents of job evaluation are as follows:
1. Job Analysis
It is a process through which required information about various aspects of jobs can be obtained. Job analysis involves two dimensions:
i. Job description
Under job description, a profile of job information is prepared indicating the duties, responsibilities and working condition of work. It explains about what the job entails.
ii. Job specification

Q2. 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 of Incentives.
Answer. Pre-requisites of Effective Incentive Schemes
You can conclude by now that for all firms a well-designed system of wage payment can yield a number of advantages.  But it is also true that to realize these advantages there must be some safeguards known as pre-requistions of effective incentive plans.
These pre-requisites are as under:


Q3. 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.
Types of managerial remuneration

Q4. Define Pay Structure. What are its objectives? Explain the major decisions involved in designing and setting competitive pay structures.
Answer. 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.
Pay structures are used to help organizations:
Ø  Maintain pay levels that are competitive with the external labor market,
Ø  maintain internal pay relationships among jobs,
Ø  recognize and reward differences in level of responsibility, skill, and performance, and
Ø  Manage pay expenditures.

Q5. Explain the criterion’s considered for rewarding the employees for their good service.
Answer. In a business world where fewer workers are doing more, employers have "fallen way short of giving employees the recognition deserved and expected for a job well done,” Guld says. Providing that recognition requires developing award criteria.
Step 1
Form an award-program development committee to guide the creation of your recognition initiative and its criteria. Formal, ongoing feedback from several colleagues will help you adopt useful, fair criteria.

Q6. Write a short note on the following:
A) Wage Policy Plan in India
B) Voluntary Retirement Scheme (VRS)
(Wage Policy Plan in India, Voluntary Retirement scheme)
Answer. a) Wage Policy Plan in India
The term “wage policy” here refers to legislation or government action calculated to affect the level or structure of wages or both, for the purpose of attaining specific objectives of social and economic policy.
1. To eliminate malpractices in the payment of wages.
2. To set minimum wages for workers, whose bargaining position is weak due to the fact that they are either un-organised or inefficiently organised? In other words, to reduce wage differential between the organised and unorganised sectors.

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Sunday 28 February 2016

IB0018-Export-Import Finance

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Master of Business Administration - MBA Semester 4
IB0018-Export-Import Finance
Book ID-B1910
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. Discuss the role of EXIM bank in promoting foreign trade
Answer. Role of EXIM bank in promoting foreign trade
The Export-Import Bank of India, also known as Exim Bank of India, is the leading export finance institution in the country. The bank was set up in the year 1982 under the Export-Import Bank of India Act 1981. The Government of India launched the Export-Import Bank Of India with an aim to

Q2. What is the need for export finance in India? Write a short note on export financing facilities in India.
Answer. Need for export finance
Export finance refers to financial assistance extended by banks and other financial institutions to businesses for the shipping of products outside a country or region. Export financing enables MSMEs to expand its reach to a global audience. Export financing is a major component of successful export transactions. Exporters need finance for purchasing, processing, packaging and

Q3. As an exporter, what benefits you can get from Post shipment finance scheme? Discuss the types of post shipment credits.
Answer. Post shipment finance scheme
Post shipment finance may be defined as a loan or advance granted by banks to their exporter clients after the shipment of goods till the date of receipt of payment from overseas buyer or credit opening bank. It is a short-term credit provided by banks to exporters to meet their working

Q4. Write short notes on:
a) Export credit Guarantee Corporation
b) Foreign exchange risk
Answer. a. Export credit Guarantee Corporation
Almost all countries of the world have set up organizations in their countries to provide credit risk insurance facilities to their exporters. In India, Government of India has set up ECGC to cover export credit risk. In 1957, Government of India set up the Export Risk Insurance Corporation of India. In 1964, the name was changed to Export Credit and Guarantee Corporation Ltd. Once again

Q5. Discuss the payment options available to exporter and importer.
Answer. Payment options available to exporter and importer
There are 3 standard ways of payment methods in the export import trade international trade market:
Ø  Clean Payment
Ø  Collection of Bills
Ø  Letters of Credit L/c

Q6. What is custom duty? Discuss its types.
Answer. Custom duty
A tax levied on imports (and, sometimes, on exports) by the customs authorities of a country to raise state revenue, and/or to protect domestic industries from more efficient or predatory competitors from abroad.

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IB0017-International Business Environment and International Law

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Master of Business Administration - MBA Semester 4
IB0017-International Business Environment and International Law
Book ID-B1909
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. Discuss the pros and cons of internationalization.
Answer: Pros Cons Increasing the annual net profit or cash High initial investments are necessary, for flows by transferring competitive example, for a distribution system advantages to a foreign market Using foreign sales potentials to achieve Costly product diversification due to, for volume effects by increasing the quantity example, technological differences or a different structure of


Q2. Explain the relationship between law, business and international law. How is international law considered to be mixed in nature?
Answer. Relationship between law, business and international law

International business and economic law involves the public international law and domestic law applicable to international business transactions between private parties, as well as the public international law applicable to trade and investment relations between or among states. The concerns of international economic and business law relate to the international economy, and involve sales of goods, trade in services, intellectual property licensing and protection, international finance and foreign direct investment, as well as the settlement of disputes relating thereto. This field is affiliated with international business studies and with international economic





Q3. What are the laws regarding carriage of goods by sea? What the related liabilities of international carriage of cargo?
Answer. Laws regarding carriage of goods by sea

The Carriage of Goods by Sea Act ("COGSA") is a United States statute governing the rights and responsibilities between shippers of cargo and ship-owners regarding ocean shipments to and from the United States. It is the U.S. enactment of the International Convention Regarding Bills of Lading, commonly known as the "Hague Rules". It was found in Title 46 Appendix of the United States Code, starting at Section 1301, but has been moved to a note in 46 United States Code 30701.


Q4. Write short notes on:
a. Labour rights
b. European Union
Answer. Meaning and role of Labour rights:
Body of rulings pertaining to working people and their organizations, including trade unions and employee unions, enforced by government agencies. There are two categories of labor laws; collective and individual. Collective labor law involves relationships between the union, the employer and the employee. Individual labor law involves concerns for employees' rights in the


Q5. How does the TRIPs agreement protect IPRs? What are the 7 intellectual properties defined in TRIPs?
Answer. TRIPs agreement protect IPRs

The TRIPS agreement introduced intellectual property law into the international trading system for the first time and remains the most comprehensive international agreement on intellectual property to date. In 2001, developing countries, concerned that developed countries were insisting on an overly narrow reading of TRIPS, initiated a round of talks that resulted in the Doha Declaration. The Doha declaration is a WTO statement that clarifies the scope of TRIPS, stating for


Q6. Which are the various kinds of investment treaties and how do they function?
Answer. Investment treaties
An investment treaty is an agreement made between two or more sovereigns that safeguards investments made in the territory of the signatory countries. Sovereigns purportedly promulgate these investment treaties as “a means to satisfy the need to promote and protect foreign investment and with a view to enhancing the legal framework under which foreign investment operates.”


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IB0016-Global Logistics and Supply Chain Management

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Master of Business Administration - MBA Semester 4
IB0016-Global Logistics and Supply Chain Management
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. Logistical development varies from country to country. Discuss the factors influencing logistics.
Answer. There are several factors that affect logistics. These issues need to be anticipated, prepared for and taken advantage of for a company to be successful in today’s market. They are

Q2. Analyze and discuss market-accommodation flow with respect to operational, planning and control and behavioral context.
Answer. Market accommodation flow, which reflects post-sales service administration and reverse logistics, including product recalls and recycling. Market accommodation also enables effective supply chain planning through exchanging information on sales and product use.

Q3. Write short notes on:
a) Bulk cargo
b) Container vessel
Answer. a. Bulk Cargo
Bulk Cargo – is a cargo which can be carried and stored in large quantities. Market demand of such goods does not change frequently. Such cargoes are low unit value. There is no risk of deterioration or obsolence in case of bulk cargo. Commodities like food grains, fertilizers, building materials and petroleum products are considered bulk cargo. Bulk cargo is further divided into dry

Q4. How is ocean liner conferences formed? What are the types of liner associations?
Answer. Ocean liner conference
A Liner Conference can be defined as "a group of two or more vessel operating carriers which provide internationa liner services for the carriage of cargo on a particular route or routes within specific geographical limits and which has an agreement or arrangement within the framework of which they operate under uniform or common freight rates and any other agreed conditions with

Q5. What are logistics intermediaries? Explain the different types of intermediaries and their strategic approaches.
Answer. Meaning
Logistics intermediary: A party who arranges shipping, warehousing, distribution and other goods movement on behalf of goods providers and shipping companies. 

Q6. Describe the various measures that must be taken while transporting the hazardous materials.
Answer. These 11 rules are presented in no particular order. They are all top priorities for chemical handlers. However, feel free to rearrange them in whatever order you think is best for your workplace, your workers, and your material hazards.

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IB0015-Foreign Trade of India

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Master of Business Administration - MBA Semester 4
IB0015-Foreign Trade of India
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. Give a brief overview of India’s foreign trade since independence.
Answer. India’s foreign trade since liberalization
The reversal of the trends in the export growth during 1990-91, and thereafter, required a massive export thrust. Since July 1991 the Government of India initiated the process of economic reforms aimed at globalization and liberalization of Indian economy. A number of policy changes were announced leading to the declaration of the Export-Import Policy 1992-97. This policy brought about all round liberalization of exports and imports. The constraints on growth imposed

Q2. What is the role of services exports in recent years in India’s composition of trade? Discuss.
Answer. Role of services exports in India’s composition of trade
Composition of Indian exports has registered a number of structural changes during the planning period. There has been a decline in the importance of agricultural and allied products and a substantial increase in the importance of manufactured products.

Q3. Discuss the salient features of Foreign Trade Policy 2009-14.
Answer. Features of Foreign Trade Policy 2009-14
The Ministry of Commerce, Government of India announced on 27th August2009 Foreign Trade Policy (2009-2014) of India replacing the then existing Export- Import Policy: 2004-09. The present policy shall remain in force from August 27, 2009 to 31st March, 2014.

Q4. Write short notes on:
a. Export promotion councils
b. India Trade Promotion organization
Answer. a. Export promotion councils
There are 35 Export Promotion Councils (EPCs) and Commodity Boards (CBs) which have been set up in the country to promote and strengthen the effort for export specific commodities. These EPCs and CBs also functions registering authorities under the Foreign Trade Policy for registered exporters. Membership-cum-Registration with these EPCs and CBs is compulsory for obtaining

Q5. What are Special Economic Zones? Write one sentence each on any 5 SEZs in India.
Answer. Special Economic Zones
A special economic zone (SEZ) is a geographical region that is designed to export goods and provide employment. SEZs may be exempt from laws regarding taxes, quotas, Foreign Direct Investment (FDI)-bans, labour laws and other restrictive laws in order to make the goods

Q6. What is the need and role of Focus Market Scheme? Discuss in detail.
Answer. Need and role of Focus Market Scheme
The objective of the scheme is to offset the high freight cost and other disabilities faced in accessing select foreign markets as to enhance the export competitiveness in these markets. The scheme allows duty credit scrip @ 3% of the FOB value of exports irrespective of the product they export to notified countries as in Appendix37C of Handbook of Procedures (Vole 1).A number of

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