“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 …
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, …
Economics Question and Answers for NMIMS Assignments of December 2023 Read More »
Q1. The following details have been extracted from Sam Ltd.’s books of accounts for the year ending March 31, 2023. The manager of the company is shared and divides his time between the factory and the office in the ratio of 20:80. You are required to compute: (a)prime cost, (b) factory overhead, (c) factory cost, …
NMIMS Assignment December 2023 1) Independence of Central Bank is very crucial for impartial functioning and fair play in the economy. Any closeness of Central Bank to Ministry of Finance will not be fair and it will be viewed as baby of the government and will be looked with suspicion. Do you agree or disagree …
According to CEO of McKinsey & Co. Bob Sternfels, India would make it to the top in terms of global talent by 2047. The same is possible due to its huge working populace, growing number of transnational organizations, rehaul of global supply chains and digitalization. India is expected to be the leader in the Asian …
WPP became global advertising bemouth because of a relentless acquisition strategy. This has led to its global dominance in such a scenario. a. If you were an owner of a small full-service advertising agency what strategies would you adopt to compete. ANSWER: As an owner of a small full-service advertising agency competing against a global …
NMIMS Strategic Management Assignment solution for September 2023 Read More »
Q 3B: Draw the Line chart using EXCEL for the following variables and write your interpretations. Looking at the graph/ numbers (in the table) what type of correlation is suspected between crop area of wheat and cereals? (5 Marks) Year AREA UNDER CULTIVATION Wheat (Lakh hectares) AREA UNDER CULTIVATION Coarse Cereals (Lakh hectares) 1965–66 126 …
NMIMS Decision Science solution for September 2023 Read More »
You are the CEO of a bank which sustaining continuous loses in its insurance business although your company has a large bank of customers. What according to you could be the problem and what solutions would you suggest to the board? Create a strategic plan to rebuild your business, Do you think retrenchment could be …
NMIMS Assignment September 2023- Solution of Strategic Management | Question & Answer Read More »
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 …
NMIMS Assignment Solution for HRM- September 2023 Read More »
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 …
NMIMS Assignment solution of HRM – September 2023 Read More »
