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, …
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 …
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 …
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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Explain the Hofstede’s Cultural Classification in the context of International Business. ANSWER: Hofstede’s Cultural Classification, developed by Dutch social psychologist Geert Hofstede, is a framework used to analyze and understand cultural differences across countries. It provides insights into how cultural values influence behavior, communication, and business practices in international business contexts. The framework consists of …
Explain the various entry modes of companies into foreign markets. ANSWER: Companies have several entry modes or strategies to enter foreign markets. The choice of entry mode depends on factors such as market characteristics, business objectives, resources, and risk tolerance. Here are some common entry modes for companies entering foreign markets: The selection of the …
Question 1:Office Products Ltd provides the Sales and the cost data for 60,000 units as given below. At full capacity the plant can produce 100,000 units Sales Rs. 12,00,000Costs:Variable:Material Rs. 2,40,000Labour Rs. 3,60,000Overheads Rs. 1,80,000Fixed Cost Rs. 3,20,000Total Rs.11,00,000PROFIT Rs. 1,00,000Prepare the Income statement under marginal costing for production at 80,000 units. Online and offline …
Q.1 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 …
The Final Accounts of a company refer to the annual financial statements consisting of (1) Profit and Loss Account which discloses the results of operation, either profit or loss, for a financial year, and (2) Balance Sheet which depicts the financial position of the company as on the closing day of the year. The Profit …
Students pursuing MBA from any university must prepare yourself to write answers of theme based questions. I have shared few questions from Business Policy & Strategy. Instructions [BPS Phase 2] You have to choose TWO questions from the themes below. You should answer all the subsections if there are any. Each theme is expected to …
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