mba study material

Economics Question and Answers for NMIMS Assignments of December 2023

Q1. “Demand forecasting plays a vital role and enables organisations 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. (10 Marks) Demand forecasting is a critical process for organizations across various industries, …

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Workplace Injuries and illness and the need for an ISO Standard

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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Consumer Buying Decision Making Process

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 …

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NMIMS Assignment Solution for HRM- September 2023

Q2. Patil Developers has ventured heavily into the commercial building construction market, leaving all its competitors behind. This has been possible due to its regular job analysis review process. As their HR Consultant, explain in detail some of the methods for collecting job analysis data. Give examples as needed. Job analysis is a systematic process …

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NMIMS Assignment solution of HRM – September 2023

French Educators Ltd. is an Indo-French cultural exchange community. It is planning to hire more employees for expanding its operations in India. The HR Department is doing an HR supply forecasting for its expansion. Discuss the seven categories of information that are required for assessing its skill inventory. When assessing the skill inventory for expanding …

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Globalization and its impact on Management

Globalization refers to the increasing interconnectedness, integration, and interdependence of countries and economies around the world. It is a multifaceted phenomenon that encompasses economic, political, technological, social, and cultural aspects. Globalization has been facilitated by advancements in transportation, communication, and information technology, which have significantly reduced barriers to the movement of goods, services, capital, and …

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Scope of OB

Organizational Behavior (OB) is a field of study that examines the behavior of individuals, groups, and structures within an organization and seeks to understand and improve organizational effectiveness. It is an interdisciplinary field that draws upon knowledge from psychology, sociology, anthropology, economics, and management to explore various aspects of human behavior in the workplace. OB …

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Workforce Diversity

Workforce diversity refers to the inclusion and representation of individuals from various backgrounds, demographics, and identities within a particular organization or workplace. It encompasses differences such as race, ethnicity, gender, age, sexual orientation, physical abilities, religion, socioeconomic background, and more. Workforce diversity recognizes that individuals bring unique perspectives, experiences, skills, and talents to the workplace, …

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Hawthorne studies

The Hawthorne studies were a series of experiments and investigations conducted at the Western Electric Hawthorne Works in Chicago, USA, between 1924 and 1932. These studies, led by a team of researchers from Harvard University, aimed to examine the relationship between workplace conditions and employee productivity. The findings of the Hawthorne studies had a profound …

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Five anchors of OB

Organizational Behavior (OB) is a field of study that examines the behavior of individuals, groups, and structures within an organization and seeks to understand and improve organizational effectiveness. It is an interdisciplinary field that draws upon knowledge from psychology, sociology, anthropology, economics, and management to explore various aspects of human behavior in the workplace. OB …

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