NMIMS SEM 1 JUNE 2024 ASSIGNMENTS

Financial Accounting & Analysis

Q1. Two companies, Company A and Company B, operate in the same industry. Company A reports higher profits than Company B. Upon further analysis, it is discovered that Company A capitalizes a significant portion of its operating expenses, while Company B spends all operating expenses immediately. Analyze the implications of these accounting practices on the financial statements and compare the financial performance of both companies.

Q2. Company ABC is a manufacturing firm that produces electronic gadgets. During the fiscal year, it purchases raw materials, incurs manufacturing costs, sells its products, and manages its finances. The company follows accrual accounting principles and prepares financial statements annually. Explain the accounting process involved in recording the transactions and events of Company ABC throughout the fiscal year, from the initial purchase of raw materials to the preparation of financial statements.

Q3a. Following are incomplete Trading & Profit and Loss A/c. and Balance Sheet

Find out missing items with the help of other details are as under:

1. Current ratio was 2:1.
2. Closing stock is 25% of sales.
3. Proposed dividend was 40% of paid up capital.
4. Gross profit ratio was 60%
5. Amount transfer to general reserve is same as proposed dividend.
6. Balance of P&L account is calculated 10% of proposed dividend.
7. Commission income is 1/7 of net profit.
8. Balance of general reserve is twice the current year transfer amount.

Q3b. Company XYZ, a retail company, provides the following financial information for the fiscal year ending December 31, 2023:

• Net Sales: ₹2,500,000
• Cost of Goods Sold: ₹1,200,000
• Gross Profit: ₹1,300,000
• Operating Expenses: ₹700,000
• Net Income: ₹500,000
• Total Assets: ₹3,000,000
• Total Liabilities: ₹1,200,000
• Shareholders’ Equity: ₹1,800,000

Identify the type of ratio that can be calculated using the provided financial information. Calculate the ratio and interpret its meaning in terms of Company XYZ’s financial performance. Additionally, discuss the limitations of ratio analysis and how these limitations may impact the interpretation of financial ratios.

Business Economics

Q1. Seema has just completed her MBA and joined a startup company. The company was planning to launch a new product in the market. The management wanted to understand the different factors that can impact the supply of a product in the market. Help Seema to prepare a report on the various factors impacting supply of products in the market.

Q2. From the given hypothetical table, enumerate the term Total cost, Average total cost and Marginal cost and calculate the below components.

Q3. a) Suppose during the year 2017, weather/climatic condition was favorable for the growing maize, jowar and cotton. There was a good amount of rain which contributed to higher water levels in the fields which helped these crops to submerge in the water for proper growth. Enumerate how climatic condition is an important determinant for Demand analysis for these crops. Also, cite similar examples to demonstrate the relationship between climatic factor and quantity demand of a goods.

b) Enumerate Economies of scale by giving relevant example from the industry

Information Systems for Managers

Q.1) Radical Manufacturing Ltd., a product-based company, has now its several branches across different cities in India. This Company has started with a small setup in New Delhi and then expanded their business across several states of the Country. The business process involves various complex business operations leading to development of product. The complex business operations include management of data related to various complex processes as well. As a new venture, this organization is not fully aware of the different vulnerabilities and threats related to the data of the Organization. Considering the above scenarios, discuss the threats and vulnerabilities which Radical Manufacturing Ltd., may come across and the various security measures to overcome them.

Q.2) The Software Development Life Cycle(SDLC) model is the cost-effective and time efficient process that development teams use to design and build high-quality software’s. The Agile model is being extensively used by various organisations/projects to develop the Software Product. Discuss the features of Agile Model and explain any 2 Agile models in detail.

Q.3) MITCONS Technology Solutions is new IT Company with the motive of providing solutions to different organisations by catering to their specific product requirements. With the expansion of business in different cities, MITCONS Technology Solutions are now finding it difficult to manage/ track the details at national level and to get an overview of product details across all stores of various cities. They contacted a solution providing firm to get solution of the same and were told to shift their business to Cloud wherein, all the operations of different stores can be monitored/detailed out very easily.

a) Discuss how shifting/migrating to Cloud technology will help MITCONS Technology Solutions to smoothen up the process of monitoring details from one location for other stores across various cities.

b) Discuss which types of cloud and cloud services will be suitable for MITCONS Technology Solutions.

Management Theory and Practice

1. Geometric Clinical Solutions, a clinical research lab, struggles with inefficiency and low team morale. Communication is poor, tasks overlap, and deadlines are frequently missed. Dr. Srinivasan the CEO of Geometric is inspired by Henri Fayol’s principles, wants to restructure the work culture. How can Dr. Srinivasan apply Fayol’s principles to improve efficiency, communication, and team spirit? Use any 5 principles for answering this question.

2. Two postgraduate students, Maya and Alex, are tasked with pitching their project to secure funding for an NGO. Maya prefers a concise written proposal, while Alex champions an engaging spoken presentation. They must decide how to best present their work. Should they p resent a written proposal, a spoken presentation, or utilize both? Consider the strengths and weaknesses of each communication method for their project.

3. “Music Mania,” a music festival company, faces planning their annual flagship event. Sarah, the project manager, must oversee everything from booking artists to managing logistics within a tight budget and timeline.

a. Explain the concept of planning and organizing as management functions.

b. How can effective planning and organizing contribute to the festival’s success and risk management?

Marketing Management

Pocket Vault Bank is a small finance bank located in the heart of a bustling metropolitan area, known for its diverse financial offerings and convenient accessibility. Strategically positioned to cater to the financial needs of local residents, small businesses, and commuters, the bank ensures a seamless banking experience throughout the day. The ambiance is designed to evoke a sense of trust and reliability, with modern yet welcoming interiors and efficient customer service representatives ready to assist clients with their financial needs.

Products and Offerings:

Basic Banking Services: Pocket Vault Bank offers a range of basic banking services tailored to meet the everyday financial needs of its customers. This includes savings and current accounts, fixed deposits, recurring deposits, and safe deposit lockers, providing clients with secure and reliable options to manage their finances.

Digital Banking Solutions: In addition to traditional banking services, Pocket Vault Bank provides innovative digital banking solutions to enhance convenience and accessibility for its clients. This includes mobile banking apps, internet banking portals, and digital payment platforms, allowing customers to bank anytime, anywhere, with ease.

Loan Products: Pocket Vault Bank offers a variety of loan products to support individuals and businesses in achieving their financial goals. This includes personal loans, home loans, vehicle loans, and business loans, each designed to provide flexible repayment options and competitive interest rates to suit the diverse needs of its clientele.

Investment Opportunities: Recognizing the importance of financial planning and wealth management, Pocket Vault Bank offers a range of investment opportunities to help clients grow their savings and achieve long-term financial stability. This includes mutual funds, fixed income securities, equities, and other investment products, all managed by experienced investment professionals to maximize returns while minimizing risk.

Financial Education and Counseling: In addition to its product offerings, Pocket Vault Bank provides financial education and counseling services to empower clients with the knowledge and tools they need to make informed financial decisions. This includes workshops, seminars, and one-on-one consultations with financial experts, helping clients build a strong foundation for financial success.

Overall, Pocket Vault Bank offers a comprehensive suite of financial products and services, tailored to meet the diverse needs of its customers and support them on their journey towards financial well-being and prosperity.

Q1. Explain various product positioning strategies used by all the competitors in the selected (Small Finance Bank) category and suggest one for the Pocket Vault Bank with reasons.

Q2. As a new entrant in the market, what are the various types of promotion mix tools and strategies that you will suggest to the management to get more customers?

Q3. a) Explain the buyer decision process that a customer will have to follow to open a Savings account.

b) Explain various types of buying decision behavior for the various products of a bank. Cover the same for Saving Accounts, Fixed Deposits, and Mutual Fund services offered by the bank.

Organisational Behaviour

1. Explain your work profile and assume that you have to hire an assistant for yourself. Would you prefer someone who is high in conscientiousness but low in agreeableness, or someone who is high in agreeableness but low in conscientiousness? Explain your answer by referring to the Big 5 model of personality and stating a rationale for your choices.

2. Do you believe that stereotyping at the workplace is common ? Explain situations where you have been stereotyped at work and you have stereotyped someone else at work. Cite the major reasons for both these situations. How can workplace stereotyping be dealt with?

3. The vice president of a small manufacturing organisation has approached you with a major problem. Though everything looks fine with the older workforce, the young workforce is the one that is posing a challenge for this organisation. The company spends a lot of its money on training the new employees, however it is noticed that above 70% of these new employees quit within working for less than a year. On interviewing a few young employees, it is observed that these employees feel negatively about their jobs, they do not identify with their jobs and do not feel supported by their organization. This has been a trend in the last few years now. It has also come to everybody’s notice that these new employees have been found taking up jobs with this company’s biggest competitors. Answer the following questions relevance to the given situation.

a) With context to job attitudes, which major attitudes are a cause of concern in the given situation?

b) With context to organisational commitment what advice can you offer to the vice president of this manufacturing organization.