IGNOU

Business – Ethics, Governance & Risk | 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 …

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Business – Ethics, Governance & Risk | Question and answer

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 …

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Research Methodology – Case study

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 …

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Research Methodology Question and Answers

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 …

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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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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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