E-Commerce has gained boom more after the digital payment initiative was emphasized for usage in recent years. Most of the retailers are using these platforms to sell their products. Discuss how the retailers are getting benefitted by choosing these e- commerce platforms. Which type of sellers are being benefitted most by choosing the e- commerce …
“Demand forecasting plays a vital role and enables organizations to arrange for the required input as per the predicted demand, without any wastage of material and time” Substantiate your view on demand forecasting and discuss the various factors influencing demand forecasting. The Significance of Demand Forecasting in Organizational Planning Introduction: Demand forecasting is a pivotal …
Q.1) Ghanshyam Das and Sons Jewellers has now its several branches across different cities in India. The Jewellers started from very small shop in Delhi and expanded their business in several years across India. Initially when they started, they have appointed different personnels to keep a track of jewelries sold, orders given and inventory required. …
Q1. Draw the decision tree diagram and explain the best possible decision based on EMVs (Expected Monetary Values) On the 1st April 2023, Rajinder Saproo, an investor is in a dilemma for the investment of 10 lakh INR. He has consulted his Mumbai based friend, MukulBhai Gadhecha, an investment expert for this matter. Mr Saproo …
The transportation problem The transportation problem is a classic optimization problem in the field of operations research and management science. It involves finding the most cost-effective way to transport goods from multiple suppliers to multiple consumers, taking into account supply and demand constraints, as well as transportation costs. Here are the key components and elements …
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Workplace injuries and illnesses are significant concerns that impact the well-being of employees and the overall productivity of organizations. While there isn’t currently an ISO standard specifically dedicated to workplace injuries and illnesses, there is an international standard that addresses occupational health and safety management systems. This standard is ISO 45001:2018, titled “Occupational health and …
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Principles of Quality Management
Tata Motors is all set to launch its electric car Tata CURVV. It has decided a price range of approx. ₹15.00 – ₹ 20.00 Lakh with an automatic transmission. Based on the above information, as a marketing consultant, suggest a suitable segmentation plan for the newly launched brand (suggest a suitable type of segmentation with …
Consumer behavior refers to the actions and decisions made by individuals or households when they are purchasing goods or services. It involves studying how consumers make decisions, how they use products and services, and how they evaluate and respond to marketing and advertising efforts. Understanding consumer behavior is critical for businesses to develop effective marketing …
There are 15 boys and 10 girls in the class. If three students are selected at random, what is the probability that 1 girl and 2 boys are selected? A. 1/40 B. 1/ 2 C. 21/46 D. 7/ 41 E. None of these The correct option is: C Solution: Total number of ways of selecting …
