Management Answers

-An Academic ---------- Opportunities. The objective of the study was as follows:

1. To assess the growth and development opportunities available in IT companies.

2. To form comprehensive information shoot on the compensation packages for

employees of various IT opportunities.

3. To assess the tradeoff that employees might make with respect to growth and

development opportunities in case of an attractive compensation package.

4. To profile the typical employee in the IT sector.

5. The implication of the analysis for the IT study.

Develop a questionnaire for the above study based on the objectives?

List down briefly the various inventory management techniques prevalent in the industry. Discuss how some of these techniques would be applicable to a General Store in effective management of their inventories; i.e. grocery supplies, etc. (assume several inventories of your choice)

Suppose that today’s rate is 7% and the expected short rate for the following year is E(r2) = 9%.

The value of a 2-year zero is?

the robinsons are planning a wedding and reception for their daughter, rachel. some of the most expensive items served at the reception and dinner are wine and beer. the robinsons are planning on 200 guests at the reception, and they estimate that they need at least four servings (i.e., a glass of wine or bottle of beer) for each guest in order to be sure they won’t run out. a bottle of wine contains five glasses. they also estimate that 50% more guests will prefer wine to beer. a bottle of wine costs $8, and a bottle of beer costs $0.75. the robinsons have budgeted $1,200 for wine and beer. finally, the robinsons want to minimize their waste (i.e., unused wine and beer). the caterer has advised them that typically 5% of the wine and 10% of the beer will be left over.

How many bottles of wine and beer should be the Robinson order

As seen in recent trends, organizations have moved away from traditional induction methods to many more interesting ways to welcome their new recruits. Take industry examples and share how will you design induction for new employees in an innovative way.

vishal has recently joined an Executive MBA program from a reputed college. As a part of his assignment, his he is asked to prepare an assignment to understand how Cash Reserve ratio (CRR) is used as a credit control tool by RBI and Statutory liquidity ratio (SLR) is used in Lowering Country’s Inflation. Help Vishal to prepare his assignment

1.   The past few years have challenged the traditional organizations to think differently. In Intellicore Solutions, where previously no efforts were made by managers for career growth of their workforce, things are about to take a turn for the positive. The leaders now realize the importance of retaining their best talent and have therefore hired HR managers to help create career and succession plans.

You have to guide the new HR manager to be successful in his career planning initiative. How will you explain the process to him?

Meat house’s Barbecue Restaurant in Soweto makes two primary food items fresh each morning: pulled pork barbecue and beef brisket barbecue. These two items are sold as part of different menu items, including sandwich and barbecue plates, with a variety of different sides. The maximum amount of barbecue Meat house’s has ever sold in a day is 250 Kg, and the least amount is 120 Kg. It generally sells more pork barbecue than beef barbecue—as much as twice as much pork as beef barbecue, and as little as 20% more pork than beef. The restaurant’s meat supplier delivers 150 Kg of pork and 110 Kg of beef each day. Regardless of how it is served on the menu, the restaurant makes about R8.65 per pound for pork barbecue and R10.95 per Kg for beef barbecue. The restaurant wants to know how many Kg of each type of barbecue to cook each day in order to maximize profit. 

7.1. Formulate a linear programming model for this problem. 

You are the Team Leader with Amazon. A new group of interns has joined the company. You have been given the responsibility of explaining them how to draft business messages. You explain them about, ‘Adapting the message to Your Audience.’ This can be done by -

 Using the You Attitude;

 Maintaining Standard of Etiquette;

 Emphasizing the Positive and

 Using Bias Free Language.

Explain these giving appropriate examples of each.

Green Bell is a retail giant in India. Currently only confined to metro cities for their giant super store outlets, they are planning to spread to smaller cities in India. While working on the resource allocation, HR is planning on shifting a few of the current staff to new locations while recruiting local staff at each location in parallel. They need to engage the current staff in training for the newer audience. Discuss the expansion from the point of view of Hofstede’s five dimensions to include in the training.