Course: Business Economics Internal Assignment Applicable for April 2019 Examination
1.What are the important characteristics of an indifference curve.Suppose a consumer’sdisposable income is Rs.5,000/- per week and she has a choice of spending the incomeon concerts and meals.Assume meal is available for Rs.250/- each and concerts areavailable for Rs.500/- each.Prepare a table of possible combinations of meals andconcerts that could be bought with the income.What is your observation about the values in the table?
2.Find below the data for price elasticity and income elasticity of demand for 5 different commodities.Interpret the values in the table in the light of Whether the demand is elastic or inelastic for each of the commodities and why What do you mean by negative income elastic demand in case of commodity 3 Give example for each type of commodity.Commodity Price Elasticity of demand Income elasticity of demand 1 -0.3 +0.6 2 -1.45 +5.60 3 -5.09 -1.67 4 -0.7 +0.8 5 1.0 +1.0
3 a) “Different prices can be charged by the producer in the different market segments to maximize revenue.” Explain the statement by taking a case of aviation industry.
3 b) What do you mean by price rigidity? Which type of market structure is characterized by the price rigidity? Explain your views taking an example of industry facing the problem of price rigidity.
Course: Information Systems for Managers Internal Assignment Applicable for April 2019 Examination
1.Customers show interest towards a specific brand, depending on the experience offered by the brand. However, sometimes, the brands fail to meet the customer expectations. Thus, most companies have made improving customer experience their top priority. They are currently relying on using data to understand their customers. It is imperative for brands to rapidly translate their customer insights into actions, lest they lose the business opportunity. How are retailers capitalizing on user’s data and using data analytics to improve their retail experience in store?
2.The healthcare industry is the furthest along in cloud adoption, compared to the financial services industry and the energy and utilities industry. You are invited by a private hospital to advise them on deployment of cloud. The hospital is very keen to reduce total cost of ownership, increase scalability and provide better collaboration to all the stakeholders. From that perspective, it is evaluating the use of cloud and the right choice for the deployment model. You are required to provide a brief report explaining pros and cons of each cloud deployment model for adopting cloud for its operations.
3. Mounting digitization and connectivity have led to a rise in cybercrime. With employees often plugged into insecure Wi-Fi networks and using their own devices, business data is increasingly vulnerable. As cyber-attacks become more sophisticated, data breaches are growing in size and frequency. The Center for Strategic and International Studies (CSIS) estimates that digital crime and intellectual property (IP) theft currently cost between US$375b and US$575b per year — eclipsing the annual GDP of most nations. Although a portion of cyber threats come from “hacktivistis”, the most concerning threat for financial institutions is from organised cybercrime. Banks must consider their options and opportunities now. You have recently been appointed as the Chief Security Officer (CSO) at a private bank.
a. What measures will you take to ensure the security of the systems at the bank is not compromised?
b. How would you educate your customers to prevent them from being a victim to cyber crime?
Course: Management Theory and Practice Internal Assignment Applicable for April 2019 Examination
Case:M/s TrackUs Courier is a well-established courier company in India.The company has been doing exceptionally well after the emergence of online business.Small and Mid-Sized organisation prefer TrackUs as their services are available at lower cost.The company follows traditional practices for all its operation.There are no computerised system to track the packages, billing, petty cash, financial statements, etc.Every process has to go through multiple steps to implement a single decision.The company has rigid manual processes for completing any work.The company was able to handle limited customers with the traditional processes but with the ever increasing customer base there is need to redesign the system.The company needs to get the best infrastructure and information system which can handle the large customer base.The directors feel there is no need to spend on the IT systems.Also, the employees might feel insecure with the new technology and systems.The directors are not sure whether they will be able to handle the new technology.They have made a note of all the concerns and now they have hired you as a consultant to advise them on various matters.
1.Suggest TrackUs Courier any seven Henry Fayols principle with reasons so that the same can applied in the organisation to improve the effectiveness.
2.Advise the company any five latest technology that can be implemented in the organisation to improve the overall process.
3.a) What are the various resistance that an employee can show during the change processin TrackUs Courier?
3.b) Advise the directors with detail explanation any two leadership styles that would be feasible for TrackUs courier.