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4 a. Explain the steps involved in Hungarian method of solving Assignment problems. b. What do you mean by unbalanced assignment problem? How do you overcome it? (Steps in Hungarian method, unbalanced assignment problem)

February 27, 2015 By: Meliza Category: 1st SEM

Answer:- a. Steps in Hungarian method

Hungarian method algorithm is based on the concept of opportunity cost and is more efficient in solving assignment problems. The following steps are adopted to solve an AP using the Hungarian method algorithm.

Step 1: Prepare row ruled matrix by selecting the minimum values for each row and subtract it from the other elements of the row.

3 a. Explain how to solve the degeneracy in transportation problems. b. Explain the procedure of MODI method of finding solution through optimality test. ( a. Degeneracy in transportation problem , b. Procedure of MODI method)

February 27, 2015 By: Meliza Category: 1st SEM

Answer:- a.   Degeneracy in transportation problem

A basic solution to an m-origin, n destination transportation problem can have at the most m+n-1 positive basic variables (non-zero), otherwise the basic solution degenerates. It follows that whenever the number of basic cells is less than m + n – 1, the transportation problem is a degenerate one. The degeneracy can develop in two ways:

Case 1 – The degeneracy develops while determining an initial assignment via any one of the initial assignment methods discussed earlier. Read the rest of this entry →

2 a. Explain the graphical method of solving Linear Programming Problem. b. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper in a week. There are 160 production hours in a week. It requires 0.20 and 0.40 hours to produce a ton of grade X and Y papers. The mill earns a profit of Rs. 200 and Rs. 500 per ton of grade X and Y paper respectively. Formulate this as a Linear Programming Problem. (Meaning of Linear programming problem, Explanation of graphical method of solving Linear Programming Problem, Formulation of LPP (Objective function & Constraints)

February 27, 2015 By: Meliza Category: 1st SEM

Answer:- Meaning of Linear programming problem

Linear Programming (LP) is a mathematical technique designed to help managers in their planning and decision-making. It is usually used in an organisation that is trying to make the most effective use of its resources. Resources typically include machinery, manpower, money, time, warehouse space, and raw materials. Read the rest of this entry →

1 Explain the types of Operations Research Models. Briefly explain the phases of Operations Research. ( Meaning of Operations Research , Types of Operations Research Models ,Phases of Operations Research) Answer:- Meaning of Operations Research

February 27, 2015 By: Meliza Category: 1st SEM

Churchman, Aackoff, and Aruoff defined operations research as “the application of scientific methods, techniques and tools to the operation of a system with optimum solutions to the problems” where ‘optimum’ refers to the best possible alternative.

Types of Operations Research Models

Physical models

These models include all forms of diagrams, graphs, and charts. They are designed to tackle specific problems. They bring out significant factors and interrelationships in pictorial form to facilitate analysis. There are two types of physical models. They are:

  1. Iconic models
  2. Analogue models

Read the rest of this entry →

6 Data and information relating to individuals could be of sensitive nature. Give some examples of such kind of data Explaining five examples

February 27, 2015 By: Meliza Category: 1st SEM

5 What is crowdsourcing? How does the site Galaxy Zoo manage crowdsourcing? Crowdsourcing definition Explaining site Galaxy Zoo management

February 27, 2015 By: Meliza Category: 1st SEM

4 Decision support systems (DSS) are used extensively across organisations to assist managers with making decisions. Decision making by managers involves the phases of intelligence, design, and choice, and DSS help mainly with the choice part as they support structured and unstructured types of decisions. a. What is it that managers do when they make decisions? b. Explain the different types of decisions A a. Explaining decision making process b. List and describing the different types of decisions

February 27, 2015 By: Meliza Category: 1st SEM

3 There are many examples of digital goods. Companies such as Amazon.com are selling digital versions of books over their site. These digital books can be read on special readers that display the pages on a screen. a. List the important properties of information goods b. Explain positive feedback with diagrams A a. Listing the properties b. Two diagrams Explanation on positive feedback

February 27, 2015 By: Meliza Category: 1st SEM

2 Marketing managers are keener to look for a least cost route that also allow a sales person to meet all his customers. Identifying a least cost route with these features is slightly complicated. Therefore, managers depend on decision support tools to find the most cost effective routes to cover the market. The travelling salesman problem is one of such tool. Describe the tool with a diagram. A Graphical representation of travelling salesman problem Describing the problem

February 27, 2015 By: Meliza Category: 1st SEM

1 In the current e-world any organization’s massive operations are managed by various types of information systems that help them to achieve their goals of servicing their clients. This can be done by the growth of modern organization. Discuss some of the essential features of modern organisation. A Listing the features Explaining each of them in brief

February 27, 2015 By: Meliza Category: 1st SEM

6 Describe some of the strategies for effective marketing and advertising in rural market. Also explain the innovative use of media in rural market. Nature of the rural market Strategies Innovative use of media

February 27, 2015 By: Meliza Category: 1st SEM

5 Describe the stages in consumer decision making process. Explanation of consumer decision making process

February 27, 2015 By: Meliza Category: 1st SEM

4 Personal selling focuses in on ‘personal’ or ‘one to one’ selling. It involves an individual salesman or a sales team establishing and building a profitable relationship with customers over a period of time through a series of steps. Explain the steps in the personal selling process which helps in the successful sales. Definition of Personal Selling Explanation of steps in the Personal selling process

February 27, 2015 By: Meliza Category: 1st SEM

3 Describe the international market entry strategies in brief. Joint ventures Strategic alliances Direct investment Contract manufacturing Franchising

February 27, 2015 By: Meliza Category: 1st SEM

2 A brand is a composite set of beliefs and associations in the mind of consumers. In brand Development, as a part of branding strategy decision, the brand manager can decide to create new brand elements for the new products, apply some of the existing brand elements to the new product, or use a combination of existing and new brand elements to the existing and new products. Explain the different branding strategies used by the companies for their range of products. Definition of Brand Advantages of Brand Explanation of different branding strategies adopted by companies

February 27, 2015 By: Meliza Category: 1st SEM

1 Suppose you are the marketing manager of a banking firm. Your bank has opened its first branch overseas. What factor do you think will affect the choice of marketing the most and why? Define environment scanning Demographics Political and Legal environment Socio-cultural environment,

February 27, 2015 By: Meliza Category: 1st SEM

6 Explain the objectives of Cash Management. Write about the Baumol model with their assumptions. Explanation of objectives of cash management Explanation of Baumol model with assumptions

February 27, 2015 By: Meliza Category: 1st SEM

5 Explain all the sources of risk in capital budgeting with examples. Solve the below given problem: An investment will have an initial outlay of Rs 100,000. It is expected to generate cash inflows. Cash inflow for four years. Year Cash inflow 1 40000 2 50000 3 15000 4 30000 If the risk free rate and the risk premium is 10%, a) Compute the NPV using the risk free rate b) Compute NPV using risk-adjusted discount rate Explanation of risk in capital budgeting with examples Solution for the problem with interpretation

February 27, 2015 By: Meliza Category: 1st SEM

4 Explain the factors affecting Capital Structure. Solve the below given problem: Given below are two firms, A and B, which are identical in all aspects except the degree of leverage employed by them. What is the average cost of capital of both firms? Details of Firms A and B Firm A Firm B Net operating income EBIT Rs. 1, 00, 000 Rs. 1, 00, 000 Interest on debentures I Nil Rs. 25, 000 Equity earnings E Rs. 1, 00, 000 Rs. 75, 000 Cost of equity Ke 15% 15% Cost of debentures Kd 10% 10% Market value of equity S = E/Ke Rs. 6, 66, 667 Rs. 5,00, 000 Market value of debt B Nil Rs. 2, 50, 000 Total value of firm V Rs. 6, 66, 667 Rs. 7, 50, 000 Explanation of factors affecting capital structure Solution for the problem Interpretation

February 27, 2015 By: Meliza Category: 1st SEM

3 Write short notes on: a) Operating Leverage b) Financial leverage c) Combined leverage Explanation of operating leverage Explanation of financial leverage Explanation of combined leverage

February 27, 2015 By: Meliza Category: 1st SEM

2 Explain about the doubling period and present value. Solve the below given problem: Under the ABC Bank’s Cash Multiplier Scheme, deposits can be made for periods ranging from 3 months to 5 years and for every quarter, interest is added to the principal. The applicable rate of interest is 9% for deposits less than 23 months and 10% for periods more than 24 months. What will be the amount of Rs. 1000 after 2 years? Explanation of doubling period Solving the problem Explanation of present value

February 27, 2015 By: Meliza Category: 1st SEM

1 Explain the liquidity decisions and its important elements. Write complete information on dividend decisions. Explanation of liquidity decisions with its important elements Explanation of dividend decisions

February 27, 2015 By: Meliza Category: 1st SEM

6 Describe the various types of project performance evaluation techniques. List any FOUR benefits of performance measurement and evaluation.

February 27, 2015 By: Meliza Category: 1st SEM

Answer:-

Description of the 4 types of project performance evaluation techniques

(1) Project goals. Project goals are the baseline of determining the success of the project. Therefore, the formulation of the project goals is a direct factor of the success of the project constraints. Project goals include the achievement of targets, the binding targets, and other conditions to be met. Binding targets include the project scope, quality, profit or cost targets, time targets and the need to meet regulatory requirements; the achievement goals include the outcome and the impact of the planned social and economic, improving the institutional system and the macro planning, policy objectives of the project’s requirements.

(2) Profitability. Mainly refers to the income of the project implementation and the prediction of project income which is based on the situation actual construction of the project, that is, the economic benefits, the social and environmental benefits and the sustainability of project benefits.

(3) The implementation process. It includes progress, schedule, quality, performance contracts, project risk, communication management, third-party behavior and so on.

(4) The value of the project. Technical progress of the project includes studying the application of the new technologies and effects (project development and application of scientific and technological achievements and effects, and effects of the introduction of technical innovations, promote the use of new technologies and effects), the main effect of the implementation of the basic work management (technology intelligence and information effect, the implementation of standardized effect, the commencement of the effect of measurement), technical depth, and other effects (effects of rationalization proposals and technical improvements

 

Listing of any 4 benefits performance measurement and evaluation

 

Performance measurement and evaluation are powerful tools to improve management and decision making at all levels. Participatory approaches, in particular, can help to build capacity for ongoing improvement at local levels. The following chart maps some of the key benefits and how they can be used

Benefits of Performance Measurement and Evaluation

√ Policy and Program Planning and Development – Results may confirm policy and program direction, or identify gaps that need to be addressed.

√ Decision Making about Funding – Finding out what works well/not so well can be used to guide  future funding decisions/priorities.

√ Clarifying Goals – At the outset, developing a “road map” clarifies goals, explains  the “big picture” and ensures everyone shares a common focus.

√ Tracking Progress – Enables monitoring and, if required, permits adjustments to be  made along the way.

√ Reporting Results – Promotes accountability and communicates what works well to  facilitate improvement and ongoing development.

 

5 What is Quality planning? Explain the inputs, tools and techniques and outcomes of quality planning. ( Definition of quality planning Description of the inputs to quality planning Description of the tools and techniques to quality planning Description of the outputs from quality planning )

February 27, 2015 By: Meliza Category: 1st SEM

Answer:-

Definition of quality planning

A quality plan is a document, or several documents, that together specify quality standards, practices, resources, specifications, and the sequence of activities relevant to a particular product, service, project, or contract. Quality plans should define:

4 Write short notes on 1) Parametric estimating tool of cost estimating 2) Procurement process 3) Project team’s responsibilities in project execution 4) Project termination

February 27, 2015 By: Meliza Category: 1st SEM

Answer:-

  1. Parametric estimating tool of cost estimating

An estimate is the most knowledgeable statement one can make at a particular point in time. A complete estimate includes:

  • Effort/Cost
  • Schedule
  • Risk
  • Reliability

3 What are the key steps for effective risk management? Explain any FIVE risk identification techniques. ( Outline of the steps in risk management, Description of any FIVE risk identification techniques ) Answer:- Outline of the steps in risk management

February 27, 2015 By: Meliza Category: 1st SEM

There is a mutual benefit for corporate and major information systems project teams and many of the programs as a result of the information exchange generated by the Project Management Reviews. Corporate and major information systems are reviewed from their inception to retirement, i.e., throughout the Capital Planning and Investment Control (CPIC) phases of Identification, Selection, Control, and Evaluate. Several of the current and future corporate and major information systems initiatives have been identified in the Departmental Information Architecture Program guidance series and in the Corporate Systems Information Architecture (CSIA) document.

2 Write short notes on: 1. Economic feasibility of a project 2. Need for project planning 3. Diversity management 4. Rules for network construction (Economic feasibility of a project, Need for project planning, Diversity management , Rules for network construction)

February 27, 2015 By: Meliza Category: 1st SEM

Answer:-

  1. Economic feasibility of a project

The purpose of an economic feasibility study (EFS) is to demonstrate the net benefit of a proposed project for accepting or disbursing electronic funds/benefits, taking into consideration the benefits and costs to the agency, other state agencies, and the general public as a whole.

1 Explain the phases of project management life cycle. (Explanation of the 5 phases of project management )

February 27, 2015 By: Meliza Category: 1st SEM

Answer:-  The various phases in project management life cycle are –

  1. Analysis and evaluation
  2. Marketing
  3. Design
  4. Inspecting, testing and delivery

6 Describe the dimensions of quality.

February 27, 2015 By: Meliza Category: 1st SEM

Answer:-  Explain the four dimensions of quality

Quality is inherent in the product or service that is rendered to the customer. Since we are attempting to measure the same, we will look into those aspects of quality, called dimensions of quality.

  1. Quality of design – A product is designed keeping in view the customers’ requirement. For designing a product, the manufacturer or service provider should be aware of the specifications of different features required to incorporate in the product. Some of the features to be known for designing a product include – material, dimensions, and characteristics. The quality of the product is introduced by the design of these features. Inspection of the manufacturing processes is of utmost importance in ensuring quality of performance.
  2. Conformance to design – Conformance to design is the degree to which the manufactured product or delivered service meets the parameters that have been incorporated in the design. It verifies that the variability in the process is within acceptable limits so as not to compromise the functionalities that the designer wanted.
  3. Utilisation conditions – Utilisation conditions refer to the necessity of the customer being informed or trained so that, the purpose for which the product was made is realised by the customer in total, thus enhancing the customer’s satisfaction. Instructions, manuals, help-lines, and on-site training by the manufacturers’ personnel improve the perception of quality.
  4. After sales service – There are so many reasons why products do not function to the expected levels. It may be improper use, unexpected or additional demands, improper assembly or even manufacturing defects.

There is a need to rectify these and make products or services perform up to the expected standard. The firm should put in place a system by which these possibilities are anticipated and attended to give customer satisfaction. This is an important, but often neglected dimension of quality.

 

5 Explain the steps to set data in logical order so that the business process may be defined. List the ingredients of a business process. Answer:- Explanation of the steps to set data in a logical order

February 27, 2015 By: Meliza Category: 1st SEM

The following steps should be considered for setting the data in a logical order.

  1. Check whether the participants in the process that is, people, teams, and electronic applications are sufficient or, any changes and additions need to be made.
  2. Ensure that all the data expected is included or not. Generally, we start with an initial set of data which we have. When we check them with the requirements of the process for the desired outcomes, we find gaps.

Read the rest of this entry →

4 Describe the post implementation review of a project. Explain the tools that may be considered for post implementation review.

February 27, 2015 By: Meliza Category: 1st SEM

Answer:- Description of the four parts of the post implementation review of a project

  1. Final product review: The product obtained after every stage must meet the requirements of that stage. If it completely meets the stated objectives, then focus on the issues of maintenance of the processes and product performance. If the final product does not completely meet the objectives then identify the variations in the product and analyse the variation. Study the factors responsible for the change and evaluate each one separately.

Read the rest of this entry →

3 Write short notes on: 1. 5Ss system of waste elimination 2. Scheduling in services 3. Vendor managed inventory 4. Subcontracting capacity (production) option

February 27, 2015 By: Meliza Category: 1st SEM

Answer:-

  1. 5 Ss system of waste elimination

The 5Ss are as follows:

  • Sort/segregate – Keep what is needed and remove everything else from the work area; when in doubt, throw it out. Identify non-value items and remove them. Getting rid of these items makes space available and usually improves the work flow.
  • Simplify/straighten – Arrange and use analysis tools to improve the work flow and reduce wasted motion. Consider long-run and short-run ergonomic issues. Label and display for easy use only what is needed in the immediate work area.

Read the rest of this entry →

5. Summarize if Gujarat is a better location for manufacturing automobiles

February 27, 2015 By: Meliza Category: 1st SEM

4. Compare Gujarat with other states like Tamil Nadu or Haryana in terms of locating a automobile manufacturing plant

February 27, 2015 By: Meliza Category: 1st SEM

3. Explain why each of these factors favour Gujarat as automobile manufacturing hub

February 27, 2015 By: Meliza Category: 1st SEM

Answer:-  There are 2 factors i.e) General & Special factor

These General factors favour Gujarat as automobile manufacturing hub are follows as;

  • Communication facilities – Communication facility is also an important factor which influences the location of a plant. Regions with good communication facilities namely postal and tele-communication links should be given priority for the selection of sites.

Infrastructure – Infrastructure plays Read the rest of this entry →

2. List the special factors that favour Gujarat as a destination for automobile manufacturing

February 27, 2015 By: Meliza Category: 1st SEM

2 “Gujarat’s emergence as an auto hub is a positive for the economy Saturday, 17 September 2011 – 8:00am IST | Place: Mumbai | Agency: DNA Several domestic and foreign auto manufacturers have either announced plans to establish manufacturing plants in Gujarat or are considering it as a possible location. Several domestic and foreign auto manufacturers have either announced plans to establish manufacturing plants in Gujarat or are considering it as a possible location. Those establishing the plants include the US-based Ford Motor and PSA Peugeot Citroen from France, joining India’s Tata Motors, General Motors of US, Bombardier of Canada and Asia Motor Works (AMW), a heavy commercial vehicle manufacturer. Auto ancillary hubs, which are critical for a thriving auto hub, are located in Rajkot, Ahmedabad and Vadodara, and more to come in Kutch and Sanand districts. A precision engineering park is planned to come up in Dahej. Domestic companies that are considering to enter Gujarat, with the exception of Maruti Suzuki, include Hero MotorCorp (formerly Hero Honda), Bajaj Auto and Hindustan Aeronautics Ltd (HAL), a public sector company specialising in production of aircraft and helicopters. (Recently Maruti Gujarat’s auto hub thus goes beyond the production of cars. The mix of domestic and foreign auto companies also provides opportunities for skills transfer and learning. Total installed capacity of Tamil Nadu, mainly around Chennai, is 1.28 million units, and is among the top 10 centres globally for car manufacturing, while that of Maharashtra, mainly around Pune, is 0.61 million units. With the entry of Ford and Peugeot, Gujarat’s production capacity, mainly around Sanand, is projected at 0.76 million by 2014. This will rise significantly if Maruti’s production, largely for export, comes on stream. Gujarat’s currently established but relatively mid-sized auto ancillary units are getting a boost from these automakers, referred to as OE (original equipment) procedures, asking their tier I, II and III vendors to locate manufacturing and assembly facilities in and around their main production sites. Tata, for example, is encouraging and facilitating key vendors to locate to Sanand and set up a facility within a reasonable time horizon. Gujarat’s emergence as an auto hub is not an accident, but an outcome of leveraging its strengths through sound economic policies and competent management by the state government. Gujarat has leveraged its locational advantages, with relatively low transaction costs for accessing markets in the western and northern India. Good rail connectivity is slated to improve significantly with the opening of the dedicated freight corridors to Dahej and Nhava Sheva passing through large parts of Gujarat. Sanand is also a part of the Delhi-Mumbai Industrial Corridor (DMIC), a multi-billion dollar India-Japan initiative. The Delhi-Mumbai freight corridor project will provide excellent rail connectivity for the auto sector in Sanand and for other industries. Gujarat’s port development initiatives are closely coordinated with rail transport. These provide access for exports to the West, a favoured market for Indian OE. Since 2009, Maruti has been shipping cars by rail from Manesar to the Mundra Port, where there is a roll-on-roll-off (RORO), terminal for receiving and prepping new cars for exports. Korean automakers are also exploring this option. Gujarat’s port development also could permit economical transportation to other parts of the country, through viable coastal shipping routes which is yet to take off, thus diversifying transport modes. Developing domestic and international financial services, improving road and air connectivity and focusing on affordable housing and other amenities could further add to Gujarat’s locational advantage. One of the advantages of Gujarat is the larger share of non-fertile agricultural land. This potentially makes managing the requirements of industry for land easier. Gujarat Industrial Development Corporation (GIDC) deserves credit for turning the above potential into actual accomplishments. As many of the established tier I, II and III manufacturers in Tamil Nadu and Delhi are faced with space and environmental constraints in expanding their operations in their historic sites, they are exploring alternate avenues. Gujarat’s land bank could thus be an attractive factor. Sanand is a part of special investment region, which permits firms investing there to avail various fiscal and non-fiscal benefits, reducing project costs, including time for completing the project cycle. The Gujarat government recognises the importance of overall conducive investment environment in attracting investments rather than merely relying on tax incentives. This policy lesson is applicable to the investment and manufacturing zones (NIMZs) under the national manufacturing policy (NMP) which is being finalised. It envisages around five greenfield integrated industrial townships. Another noteworthy policy initiative is establishment of an automotive skills development institute at Sanand on a public private partnership basis by Gujarat government and Peugeot Citroen. This approach to human capital development will serve, India, Gujarat and the new entrants well as they will have access to a younger work force, well trained in modern manufacturing techniques with skills honed around the productivity needs of the future. There are several reasons why Gujarat’s emergence as an auto hub is a positive for India’s economy. First, the auto sector is a mother industry and for every direct job in the OE, minimum 5-7 indirect jobs are created in tier I, II and III, not including jobs for drivers, service station attendants and mechanics that form a well paying proposition for many relatively less skilled, but aspirational Indians. Secondly, importance of transport equipment, which includes all types of motorised vehicles, in India’s trade has been increasing. Its share in India’s exports rose from 2.3% in 2000-01 to 7.8% in April-February 2010-11; while the corresponding share for imports soar from 1.4% to 2.5%. The emergence of Gujarat as an auto hub is expected to assist in India’s external trade in transport equipment as exports are likely to constitute a significant proportion of auto sector’s output from Gujarat. Many European OE are building their design and engineering back offices in India, providing job opportunities for the design, hardware and software engineers. This will help India to develop a niche position globally and diversify its export basket. Thirdly, healthy competition among auto hubs in Tamil Nadu, Maharashtra and Gujarat will be a positive for the manufacturing productivity. This is because such competition will mitigate against complacency by each of them and contain costs. Finally, it would assist India in progressing towards the goal of increasing the share of manufacturing in GDP from 16% in 2010 to 25% by 2022. It could also assist in India’s international competitiveness in manufacturing as PTAs (preferential trade agreements) with economic partners with strong manufacturing sectors, such as China, Japan, and Korea, are implemented.” Source: http://www.dnaindia.com/money/report-gujarat-s-emergence-as-an-auto-hub-is-a-positive-for-the-economy-1588052, accessed 24th Oct, 2014 Instructions: Read the above article and hyperlinked articles to answer the question given below Question Evaluate the factors that favour Gujarat as a location for manufacturing automobiles.

February 27, 2015 By: Meliza Category: 1st SEM

Solutions:

  1. List the general factors that favour Gujarat as a destination for automobile manufacturing

Answer:- The general factors that favour Gujarat as a destination for automobile manufacturing are;

Availability of land – Availability of land plays an important role in determining the plant location. On several occasions, our plans, calculations and forecasts suggest a particular area as the best to start an organisation. However, availability Read the rest of this entry →

1 Write short notes on: 1. Outsourcing strategies for capital productivity 2. Implementation of operations 3. Basic competitive priorities 4. Market survey method of forecasting

February 27, 2015 By: Meliza Category: 1st SEM

Answer:-

Outsourcing strategies for capital productivity

When capacity requirements are determined, it is easy to figure out whether some goods or services can be outsourced. Outsourcing can reduce the capital and manpower requirements. Also, the available capacities can be used to augment the core competencies thus reducing the cost of the product or service to the customer. Further, outsourcing also helps in improved product design and even enables better networking and collaborations. However, lack of expertise, quality considerations, nature of demand, and cost factors may restrict outsourcing. Read the rest of this entry →

Write short notes on the following : a)Employee Engagement b)Talent Management Concept of Employee Engagement Concept of Talent Management

February 27, 2015 By: Meliza Category: 1st SEM

a)Employee Engagement

Employee engagement is the level of commitment and involvement an employee has towards their organisation and its values. An engaged employee is aware of business circumstances and works with his/her organisation to improve the performance within the job for the benefit of the organisation and to make an effective organisation.

The main idea of employee engagement is to offer a positive environment to employees so that they are free to add and desire to contribute more of their energy, efforts and thought processes in more ways than one, and significantly and favourably impact the goals of the organisation. It’s about having employees feel fully connected to their company and keen about their job. It is empowering employees to imagine and to start change from their viewpoint. Employee engagement activates increased job satisfaction and employee retention. It maximises workforce productivity. Employee engagement is essential for meeting corporate sales and effective objectives. Read the rest of this entry →

5 Suppose you have joined as an HR and you have been assigned a task to carry out the grievance handling procedure in your organization. What according to you are the causes of Grievance? Describe in detail the Grievance handling procedure ( Causes of Grievance , Explain the Grievance handling procedure )

February 27, 2015 By: Meliza Category: 1st SEM

Answer:-

Causes of Grievance

(a) Economic: Wage fixation, over time bonus, wage revision etc. Employees may feel that they are paid less when compared to others.

(b) Work environment: Poor physical conditions of workplace, tight production norms, defective tools and equipment, poor quality of materials, unfair rules, lack of recognitions etc.

(c) Supervision: Relates to the attitude of the supervisor towards the employee such as perceived notion of bias, favoritism, nepotism, caste affiliations, regional feelings etc.