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Outsourcing strategies for capital productivity: When capacity requirements are determined, it is easy to figure out whether some goods or services can be outsourced. Outsourcing can reduce the capital and manpower requirements. Also, the available capacities can be used to augment the core competencies thus reducing the cost of the product or service to the customer. Further, outsourcing also


The tendency of firms is to extend their sales and/or manufacturing to new markets abroad, and for business everywhere. The one element that is unique about every nation or company is its workforce. A workforce that is knowledgeable and skilled at doing complex things keeps a company competitive and attracts foreign investment. Well-trained workers attract global corporations, which invest and


The entire theory of production centres revolves around the concept of production function. A “production function” expresses the technological or engineering relationship between physical quantity of inputs employed and physical quantity of outputs obtained by a firm. It specifies a flow of output resulting from a flow of inputs during a specified period of time. It may be in the form of a


18.1.2011 Received a cheque from a customer, Sanjay at 5 p.m. Rs.20,000 19.1.2011 Paid Ramu by cheque Rs.1,50,000 20.1.2011 Paid salary Rs. 30,000 20.1.2011 Paid rent by cheque Rs. 8,000 21.1.2011 Goods withdrawn for personal use Rs. 5,000 25.1.2011 Paid an advance to suppliers of goods Rs. 1,00,000 26.1.2011 Received an advance from customers Rs. 3,00,000 31.1.2011 Paid interest on loan


Statistics plays an important role in almost every facet of human life. In business context, managers are required to justify decisions on the basis of data. They need statistical models to support these decisions. Statistical skills enable managers to collect, analyse and interpret data in order to take suitable decisions. Statistics is used for various purposes. It is used to simplify mass


There are fourteen principles of management which Henri Fayol enunciated. This has wide acceptance which is described in detail as follows: 1. Division of labour We saw in the case how everyone was doing their own job.  2. Authority and responsibility coexist If the manager is given the responsibility to run his hotel in a specified manner, he should be given the formal authority to do so

.

 


The major participants in the Strategic Management Process are: Board of Directors: The role of a board member depends on his (her) degree of involvement in the strategic process; and the degree of involvement of a member depends partly on the management philosophy of a company and partly on the interest a particular board member takes in the affairs of the company.  Role of Chief Executive: 


Fall 2014 MBA Semester 1 MB0038 – Management Process and Organization Behavior Q1. Define the terms ‘strategy’. Explain the following: a) Corporate strategy b) Business strategy c) Functional strategy Answer: Strategy: each organization makes their vision then they have to see how that vision can be executed. Here is where strategy comes in. Strategy means the impressive plan of


MBA Semester 2              Fall 2014 MB0044 - PRODUCTION AND OPERATION MANAGEMENT Q1. People's productivity key to Indian manufacturing competitiveness: Boston Consulting Group Namrata Singh, TNN | Mar 14, 2013, 09.34PM IST MUMBAI: People productivity is the key to Indian manufacturing competitiveness, says a report by the Boston Consulting Group (BCG). In most global people


                                                                                                                                                                         MBA Semester 4                                                 FALL 2014 IB0010- INTERNATIONAL FINANCIAL MANAGEMENT Q1. Write short notes on: a) Measuring exchange rate movements b) Factors that influence exchange rates


Outsourcing strategies for capital productivity: When capacity requirements are determined, it is easy to figure out whether some goods or services can be outsourced. Outsourcing can reduce the capital and manpower requirements. Also, the available capacities can be used to augment the core competencies thus reducing the cost of the product or service to the customer. Further, outsourcing also


The tendency of firms is to extend their sales and/or manufacturing to new markets abroad, and for business everywhere. The one element that is unique about every nation or company is its workforce. A workforce that is knowledgeable and skilled at doing complex things keeps a company competitive and attracts foreign investment. Well-trained workers attract global corporations, which invest and


The entire theory of production centres revolves around the concept of production function. A “production function” expresses the technological or engineering relationship between physical quantity of inputs employed and physical quantity of outputs obtained by a firm. It specifies a flow of output resulting from a flow of inputs during a specified period of time. It may be in the form of a


18.1.2011 Received a cheque from a customer, Sanjay at 5 p.m. Rs.20,000 19.1.2011 Paid Ramu by cheque Rs.1,50,000 20.1.2011 Paid salary Rs. 30,000 20.1.2011 Paid rent by cheque Rs. 8,000 21.1.2011 Goods withdrawn for personal use Rs. 5,000 25.1.2011 Paid an advance to suppliers of goods Rs. 1,00,000 26.1.2011 Received an advance from customers Rs. 3,00,000 31.1.2011 Paid interest on loan


Statistics plays an important role in almost every facet of human life. In business context, managers are required to justify decisions on the basis of data. They need statistical models to support these decisions. Statistical skills enable managers to collect, analyse and interpret data in order to take suitable decisions. Statistics is used for various purposes. It is used to simplify mass


There are fourteen principles of management which Henri Fayol enunciated. This has wide acceptance which is described in detail as follows: 1. Division of labour We saw in the case how everyone was doing their own job.  2. Authority and responsibility coexist If the manager is given the responsibility to run his hotel in a specified manner, he should be given the formal authority to do so

.

 


The major participants in the Strategic Management Process are: Board of Directors: The role of a board member depends on his (her) degree of involvement in the strategic process; and the degree of involvement of a member depends partly on the management philosophy of a company and partly on the interest a particular board member takes in the affairs of the company.  Role of Chief Executive: 


Fall 2014 MBA Semester 1 MB0038 – Management Process and Organization Behavior Q1. Define the terms ‘strategy’. Explain the following: a) Corporate strategy b) Business strategy c) Functional strategy Answer: Strategy: each organization makes their vision then they have to see how that vision can be executed. Here is where strategy comes in. Strategy means the impressive plan of


MBA Semester 2              Fall 2014 MB0044 - PRODUCTION AND OPERATION MANAGEMENT Q1. People's productivity key to Indian manufacturing competitiveness: Boston Consulting Group Namrata Singh, TNN | Mar 14, 2013, 09.34PM IST MUMBAI: People productivity is the key to Indian manufacturing competitiveness, says a report by the Boston Consulting Group (BCG). In most global people


                                                                                                                                                                         MBA Semester 4                                                 FALL 2014 IB0010- INTERNATIONAL FINANCIAL MANAGEMENT Q1. Write short notes on: a) Measuring exchange rate movements b) Factors that influence exchange rates


 
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