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Employee Relations MCQ No -1

Who created the Social Action Approach? Answer: The Social Action Approach was not created by any of the individuals mentioned in the options provided. The Social Action Approach is a theoretical framework within sociology that emphasizes the role of individuals and their actions in shaping society. It is associated with sociologists such as Max Weber, …

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Cloud Computing

Case study & questions answers for MBA | MMS | MHA & Other professional courses. COMPT_PREP is an Educational Institute which helps the aspirants to prepare for Engineering and Medical Exams. They have around 20 branches across the country. The aspirant’s base is exploding on a Year-on-Year basis. Suggest a Cloud Solution strategy to help …

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Sales and Distribution Management | Question and Answers

Enumerate the improvements introduced by your organization or any other organization of your choice for incorporating innovative learning. Appraise the approach followed by the organization leader therein to institutionalize the same. Recommend two strategies for combating possible challenges therein in. ANSWER: Organization: XYZ Education Institute Improvements introduced for incorporating innovative learning: Approach followed by the …

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ERP – Enterprise Resource Planning

What is an ERP? ANSWER: ERP stands for Enterprise Resource Planning. It refers to a software system that integrates various business functions and processes within an organization into a centralized system. The primary goal of ERP is to streamline and automate business operations, improve efficiency, and provide real-time data for informed decision-making. An ERP system …

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Treasury Management in Banking question and answers

With Major Central Banks globally busy increasing interest rates to counter inflation impacting the emerging markets like India, what are the challenges faced by commercial banks for Treasury Management in view of tight liquidity situation with higher inflation & higher interest rates increasing the cost of funds? In a tight liquidity situation with higher inflation …

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Project Management | Question and Answer

A ABC company is launching the new project consist of designing and constructing a Cricket Stadium and Amenities around it. Consider following details for the project. a. Feasibility study b. Estimating the cost – Material and Construction c. Designing of Stadium and Amenities. d. Procuring the material e. Construction and installation f. Finishing work You …

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Decision Science | Question and answers

Q 1: Bad gums may mean a bad mood. Researchers discovered that 85% of people who have suffered a bad mood had periodontal disease, an inflammation of the gums. Only 29% of healthy people have this disease. Suppose that in a certain community bad moods are quite rare, occurring with only 10% probability. If someone …

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Research Methodology – Case study

Nykaa is an Indian e-commerce platform that specializes in beauty and wellness products. Founded in 2012 by Falguni Nayar, a former investment banker, the company has become one of the largest players in the Indian beauty industry. In 2018, Nykaa aunched its own private label line of products, which included makeup, skincare, and haircare. The …

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Research Methodology Question and Answers

1. Identify a relevant business problem, gather support from literature to identify research gap. Now, develop a research proposal based on the research gap. ANSWER: Business Problem: Inefficient Supply Chain Management in the Retail Industry Research Gap: Although there is existing literature on supply chain management in the retail industry, there is a research gap …

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RACI MATRIX

The RACI Matrix is a project management tool used to define and clarify roles and responsibilities within a project or organizational process. RACI stands for Responsible, Accountable, Consulted, and Informed. The matrix helps to clearly outline who is responsible for each task, who is accountable for its successful completion, who needs to be consulted for …

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