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NMIMS Assignment

Business Ethics – Question & Answer

“Business should provide Goods and Services in a manner that is sustainable and safe”. Prepare an executive summary (in your own words) to showcase how the company is delivering on this principle 2 of the National Guidelines on Responsible Business Conduct (NGRBC) from the Business Responsibility and Sustainability Report 2022-23 (BRSR) of a company of …

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Demand Forecasting Techniques

Demand Forecasting- Question & Answers

What is Demand Forecasting? Demand forecasting is the process of estimating the future demand for a product or service. It involves predicting the quantity of goods or services that customers will purchase over a specific period. The primary goal of demand forecasting is to help businesses make informed decisions regarding production, inventory management, and overall …

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The Principles of Scientific Management

Scientific management, also known as Taylorism, is a management approach developed by Frederick Winslow Taylor in the early 20th century. It aimed to improve efficiency and productivity in industrial settings by applying scientific methods to work processes. Taylor’s ideas had a significant impact on the field of management and laid the foundation for modern management …

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ORGANIZATIONAL BEHAVIOUR – Question and answer 6

Critically discuss the equity theory of motivation. The equity theory of motivation, proposed by J. Stacy Adams, is a psychological theory that focuses on how individuals perceive fairness and equity in their work environment. It suggests that individuals are motivated when they perceive that their outcomes (rewards, benefits) are equitable in relation to their inputs …

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ORGANIZATIONAL BEHAVIOUR – Question and answer 5

Comparatively discuss the theories of motivation of Maslow and Herzberg. Maslow’s Hierarchy of Needs and Herzberg’s Two-Factor Theory are two influential theories of motivation that provide insights into understanding employee motivation and satisfaction in the workplace. While there are similarities between the two theories, there are also key differences in their perspectives. Let’s discuss and …

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