Business ethics refers to the study and application of ethical principles and moral values in the context of business activities and decision-making. It involves examining and addressing ethical dilemmas that may arise in various business situations, considering the impact of choices on stakeholders and society at large. Key Components: 1. Ethical Decision-Making: Business ethics involves …
Q1. Draw the decision tree diagram and explain the best possible decision based on EMVs (Expected Monetary Values) On the 1st April 2023, Rajinder Saproo, an investor is in a dilemma for the investment of 10 lakh INR. He has consulted his Mumbai based friend, MukulBhai Gadhecha, an investment expert for this matter. Mr Saproo …
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 »
The Consumer Protection Act, of 1986 is an important piece of legislation in India aimed at protecting the rights of consumers and providing them with a legal framework to seek redressal for grievances related to defective goods or services. The Act was enacted to safeguard consumer interests and promote consumer welfare. The Consumer Protection Act, …
Linear Programming is a problem-solving approach that has been developed to help managers to make decisions. Linear Programming is a mathematical technique for determining the optimum allocation of resources and obtaining a particular objective when there are alternative uses of the resources, money, manpower, material, machines, and other facilities. THE NATURE OF LINEAR PROGRAMMING PROBLEM …
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 …
Critically discuss the equity theory of motivation. The equity theory of motivation, proposed by J. Stacy Adams, is a psychological theory that focuses on how individuals perceive fairness and equity in their work environment. It suggests that individuals are motivated when they perceive that their outcomes (rewards, benefits) are equitable in relation to their inputs …
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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, …
QUESTION: Discuss the role of job satisfaction in improving employee output. ANSWER: Job satisfaction plays a crucial role in improving employee output and overall organizational performance. When employees are satisfied with their jobs, they tend to be more engaged, motivated, and productive. Here are some key ways in which job satisfaction positively impacts employee output: …
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MBA | BBA | B.Com | M.Com | CA | CS | CMA | Financial Management Reference : Books of ICAI This book is meant for students reference and studies only not for commercial circulation.
