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The Transportation Problem and the Assignment Problem

The transportation problem The transportation problem is a classic optimization problem in the field of operations research and management science. It involves finding the most cost-effective way to transport goods from multiple suppliers to multiple consumers, taking into account supply and demand constraints, as well as transportation costs. Here are the key components and elements …

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Corporate value addition and Economic Value Addition

“Corporate value addition” and “Economic Value Added (EVA)” are concepts that focus on measuring the value created by a company’s operations and financial decisions. Let us delve into each of these concepts: Corporate Value Addition: Corporate value addition refers to the enhancement of a company’s overall value through various strategies, actions, and decisions. It encompasses …

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MBA Case Study question and answer on Marketing

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 with …

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Probability Solved Sums

There are 15 boys and 10 girls in the class. If three students are selected at random, what is the probability that 1 girl and 2 boys are selected? A. 1/40 B. 1/ 2 C. 21/46 D. 7/ 41 E. None of these The correct option is: C Solution: Total number of ways of selecting …

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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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CU 2021 Solved paper| BBA Hons| Financial Management Solved question paper of Calcutta University  

Rs. Equity share capital (Rs. 10 each) 3,00,000 Reserve & Surplus 1,50,000 Preference share capital (Rs. 100 each) 2,40,000 Debentures (Rs. 100 each) 1,00,000 All these securities are traded in the capital markets. Recent prices are: debentures @ Rs. 100, Preference shares @ 125 and Equity shares @ Rs. 20 each. You are required to …

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Job Analysis & its Methods

Job analysis is a systematic process of gathering and analyzing information about jobs within an organization. It involves collecting data about job duties, responsibilities, required skills, knowledge, and qualifications. Job analysis serves as the foundation for various HR activities such as recruitment, selection, training and development, performance management, and compensation. Here are some commonly used …

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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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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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