NMIMS

Mastering Probability and Statistics: A Guide for MBA Students

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  In the fast-paced world of business and management, making sound decisions amidst uncertainty is critical. Whether you’re analyzing market trends, forecasting revenues, or optimizing supply chains, probability and statistics are the ultimate tools in your arsenal. In this blog, we delve into key concepts that will sharpen your analytical thinking and empower you to …

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Equity Theory of Motivation

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Equity Theory of Motivation, developed by John Stacy Adams in 1963, explains how employees assess fairness in the workplace by comparing their contributions and rewards with those of their peers. According to this theory, employees are motivated when they perceive that their input-to-output ratio is fair relative to others. Inputs refer to the effort, skills, …

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Big Five Model of Personality

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The Big Five Model of Personality is a widely accepted psychological framework that categorizes human personality traits into five broad dimensions: Openness to Experience, Conscientiousness, Extraversion, Agreeableness, and Neuroticism (OCEAN). These traits influence individual behavior, decision-making, and interpersonal relationships, making the model particularly relevant for management students, leaders, and executives. Importance of the Big Five …

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Persuasive Messages

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Persuasion is the art of influencing others to adopt a particular belief, attitude, or course of action through reasoning, logic, and emotional appeal. It is a fundamental skill used in communication, marketing, leadership, and everyday interactions. Effective persuasion involves understanding the audience, building credibility, and crafting compelling messages that resonate with their values and interests. …

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Cost & Management Accounting Practical Problems & Solutions

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The stock in hand of material as on 1st September was 500 units at Rs. 10 per unit. The following purchases and issues were subsequently made. Prepare the Stores Ledger Account showing how the value of the issues would be recorded under FIFO method. Purchases 6th Sept. 100 units at Rs. 11 20th Sept. 700 …

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NMIMS Financial Accounting Assignment Solution April 2025

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Q1. Prepare final accounts from the following balances -Trial Balance as on 31.03.2024 Addition information: •  The closing inventory as on 31.03.2024 was valued at Rs. 3,68,500. •  Depreciation  on plant @ 15% and on Building @ 10%. •  Outstanding  printing and stationery expense Rs. 5000. •  Prepaid advertisement  expense Rs. 15000.     (10 Marks) ANSWER …

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UGC Lifts Ban on NMIMS: A Landmark Decision for Education Aspirants 2024-2025

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In a significant move, the University Grants Commission (UGC) has lifted the ban imposed on Narsee Monjee Institute of Management Studies (NMIMS), allowing it to resume offering online and distance learning programs. This decision marks a turning point for both the institution and thousands of students across India and abroad who aspire to study at …

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NMIMS Assignment

NMIMS Assignment Solution of Decision Science for the April 2024 Examination

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Q3.a)Draw an appropriate chart for the following. Also, write your clarification for choosing that graph. For each variable identify a time-series component present if you consider the long-term pattern.     Table: Production of Commercial crops. (Source: RBI) Q3.b) Write the sampling plan for the following study. Also write, what is recommended according to you, census survey …

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NMIMS Assignment

NMIMS Assignment Solution of Decision Science for the April 2024 Examination

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Q2. Write the interpretation for the following regression model. You are advised to run the analysis using MS EXCEL. Here Hiranmayee Dhar, an entrepreneur who is running “Pashminaa” a store of Pashmina shawls. She is targeting customers via social media applications; she has chosen Instagram as a platform and had also chosen REELs to advertise …

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