ICFAI

RACI MATRIX

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 …

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ORGANIZATIONAL BEHAVIOUR – Question and answer 2

Discuss the challenges faced in practicing OB. ANSWER: Practicing Organizational Behavior (OB) can present various challenges due to the complex and dynamic nature of organizations and human behavior. Some of the key challenges faced in practicing OB include: These challenges highlight the complex and dynamic nature of OB practice. Overcoming these challenges requires a combination of knowledge, …

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ORGANIZATIONAL BEHAVIOUR – Question and answers 1

QUESTION: Discuss the history of emergence of OB as a field of study. ANSWER : The field of Organizational Behavior (OB) has its roots in several disciplines, including psychology, sociology, and management. It emerged as a distinct field of study in the mid-20th century, fueled by a growing interest in understanding and improving human behavior …

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Income Statement under Marginal Costing Method

Question 1:Office Products Ltd provides the Sales and the cost data for 60,000 units as given below. At full capacity the plant can produce 100,000 units Sales Rs. 12,00,000Costs:Variable:Material Rs. 2,40,000Labour Rs. 3,60,000Overheads Rs. 1,80,000Fixed Cost Rs. 3,20,000Total Rs.11,00,000PROFIT Rs. 1,00,000Prepare the Income statement under marginal costing for production at 80,000 units. Online and offline …

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Critical elements of Service Delivery

a.       Examine the critical elements of service delivery for a company. (300 Words) ANSWER: A business model known as service delivery transfers services from a provider to a client. It also includes the ongoing communication between the two parties when the consumer is using the service and the provider is providing it. In essence, a service …

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Thematic Questions for Business Policy & Strategy

Students pursuing MBA from any university must prepare yourself to write answers of theme based questions. I have shared few questions from Business Policy & Strategy. Instructions [BPS Phase 2] You have to choose TWO questions from the themes below. You should answer all the subsections if there are any. Each theme is expected to …

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Weisbord’s Six Box Model

NMIMS Assignment June 2023 solution for Management Theory & Practice Q2. Shemaroo entertainment earlier only had a base in Mumbai, India. It has now expanded its wings to other parts of the world too and want to also get into other avenues of filmmaking. They have hired you as a consultant to help them design …

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CASH FLOW STATEMENT

MBA & BBA Study Material Reference : ICAI Books Cash Flow Statement Solved Sums and complete books available in the below mentioned link from ICAI https://resource.cdn.icai.org/66496bos53751-cp4-u2.pdf