Case study & questions answers for MBA | MMS | MHA & Other professional courses. COMPT_PREP is an Educational Institute which helps the aspirants to prepare for Engineering and Medical Exams. They have around 20 branches across the country. The aspirant’s base is exploding on a Year-on-Year basis. Suggest a Cloud Solution strategy to help …
What is an ERP? ANSWER: ERP stands for Enterprise Resource Planning. It refers to a software system that integrates various business functions and processes within an organization into a centralized system. The primary goal of ERP is to streamline and automate business operations, improve efficiency, and provide real-time data for informed decision-making. An ERP system …
FIND THE SPREAD IF BID AND ASK RATE FOR RUPEE VS DOLLAR IS 81.983 /81.987 AND AN IMPORTER PURCHASED 48000 USD. SOLUTION: The bid-ask rate for Rs vs Dollar is 81.983/81.987. To calculate the spread, we subtract the bid rate from the ask rate: Spread = Ask Rate – Bid Rate Spread = 81.987 – …
A ABC company is launching the new project consist of designing and constructing a Cricket Stadium and Amenities around it. Consider following details for the project. a. Feasibility study b. Estimating the cost – Material and Construction c. Designing of Stadium and Amenities. d. Procuring the material e. Construction and installation f. Finishing work You …
Explain the various entry modes of companies into foreign markets. ANSWER: Companies have several entry modes or strategies to enter foreign markets. The choice of entry mode depends on factors such as market characteristics, business objectives, resources, and risk tolerance. Here are some common entry modes for companies entering foreign markets: The selection of the …
ICFAI Examination guidance & crash session question and answers.
ANSWER : There are two main points of view that can explain why professionals such as doctors, accountants, and lawyers have a charter or framework of code of conduct, duties, and obligations that other people do not: In summary, the presence of a charter or framework of code of conduct, duties, and obligations for professionals …
Business – Ethics, Governance & Risk | Question and answers Read More »
ANSWER : The ethical principle that underpins the risk management concept is the principle of accountability. This principle emphasizes the responsibility of organizations to identify, assess, and mitigate risks in a transparent and ethical manner. By being accountable for risk management, companies aim to protect the interests of their stakeholders, including shareholders, employees, customers, and …
Business – Ethics, Governance & Risk | Question and answer Read More »
Nykaa is an Indian e-commerce platform that specializes in beauty and wellness products. Founded in 2012 by Falguni Nayar, a former investment banker, the company has become one of the largest players in the Indian beauty industry. In 2018, Nykaa aunched its own private label line of products, which included makeup, skincare, and haircare. The …
The RACI Matrix is a project management tool used to define and clarify roles and responsibilities within a project or organizational process. RACI stands for Responsible, Accountable, Consulted, and Informed. The matrix helps to clearly outline who is responsible for each task, who is accountable for its successful completion, who needs to be consulted for …
