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 Hofstede’s Cultural Classification in the context of International Business. ANSWER: Hofstede’s Cultural Classification, developed by Dutch social psychologist Geert Hofstede, is a framework used to analyze and understand cultural differences across countries. It provides insights into how cultural values influence behavior, communication, and business practices in international business contexts. The framework consists of …
SOLUTION: The calculations are done in excel where NPV is calculated using time value of money and IRR value is found which is closest to NPV =0 2. Calculate the Cash Cycle using the following information. (Assume 360 days in a year).Opening BalancesRaw Material 4,00,000WIP 80,000Finished Goods 6,00,000Debtors 2,50,000Creditors 5,60,000Closing BalancesRaw Material 5,00,000WIP 70,000Finished Goods …
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.
Q 1: Bad gums may mean a bad mood. Researchers discovered that 85% of people who have suffered a bad mood had periodontal disease, an inflammation of the gums. Only 29% of healthy people have this disease. Suppose that in a certain community bad moods are quite rare, occurring with only 10% probability. If someone …
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 …
1. Identify a relevant business problem, gather support from literature to identify research gap. Now, develop a research proposal based on the research gap. ANSWER: Business Problem: Inefficient Supply Chain Management in the Retail Industry Research Gap: Although there is existing literature on supply chain management in the retail industry, there is a research gap …
