...Economics for Managers Assignment Assignments Program: MBA (2 Years) Sem-1 Subject Name Permanent Enrollment Number (PEN) Roll Number (SEN) Student Name Managerial Economics INSTRUCTIONS a) Students are required to submit all three assignment sets ASSIGNMENT DETAILS MARKS Assignment A Five Subjective Questions 10 Assignment B Three Subjective Questions + Case Study 10 Assignment C 40 Objective Questions 10 b) Total weightage given to these assignments is 30%. OR 30 Marks c) All assignments are to be completed as typed in word/pdf. c) All questions are required to be attempted. d) All the three assignments are to be completed by due dates (specified from time to time) and need to be submitted for evaluation by Amity University. ( √ ) Tick mark in front of the assignments submitted Assignment ‘A’ Copyright@Amity University Assignment ‘B’ Assignment ‘C’ Page 2 Economics for Managers Assignment Assignment: A Q.1. What are indifference curves? Explain the consumers’ equilibrium under the assumptions of ordinal approach. Q.2. Examine the concept and relationship of Total, Average and marginal costs with the help of suitable diagram. Q.3. Differentiate and elaborate the concepts of returns to scale and law of variable proportions. Q.4. Why is demand forecasting essential? What are the possible consequences if a large scale firm places its product in the market without having estimated the demand for its...
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...External company is called the outsourcing company Project overview The objective of this project is to research about outsourcing various services to an external company. The external company is called the outsourcing company. This research is based on outsourcing call centers of Dell Computers. Dell Inc. is an American multinational information technology corporation based in United States, that develops, sells and supports computers and related products and services. The company is one of the largest technological corporations in the world, employing more than 103,300 people worldwide. Dell Computer's strategy was built around a number of core elements: build-to-order manufacturing, mass customization, partnerships with suppliers, just-in-time components inventories, direct sales, market segmentation, customer service, and extensive data and information sharing with both supply partners and customers. Through this strategy, the company hoped to achieve what Michael Dell called "virtual integration"—a stitching together of Dell's business with its supply partners and customers in real time such that all three appeared to be part of the same organizational team. Outsourcing Outsourcing can be defined as the contracting out of business function(s) to an external, provider. The ability of businesses to outsource to external companies outside the nation is referred to as offshoring or offshore outsourcing. Outsourcing is done for various purposes. Business organizations...
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...OUTSOURCING Outsourcing involves the use or employment of independent parties to perform a function within an organization’s business activities. It has become a new way of obtaining services without the need to invest in a large capital investment of setting up a department to undertake those activities. Establishing and maintaining a department can be a challenging and daunting task for a company. Effective internal audit functions require a diversity of skills that many organizations find difficult to source and retain. Significant investment is required in recruiting, training, and developing professional internal auditors to be equipped with the latest methodology, technology, and time and resource management. By opting for outsourcing, management can hire fully dedicated internal audit professionals without the day-to-day managerial requirements that an in-house internal audit department would require. The outsourcing arrangements take many forms, from limited assistance to the internal auditors with assignment in which they lack expertise to providing all the internal audit work. WHY OUTSOURCING? Many organizations, particularly small organizations, are currently considering the outsourcing alternative as an appropriate measure where there is scarcity or unavailability of internal audit resources. The temporary or permanent outsourcing solution may be necessary to acquire timely, professional internal audit services and competent internal audit staff. Temporary staff...
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...Case Overview/Selection/Assignments BrandScape Dates and Assignments Because of the tight seven-week scheduling of this course, we need to arrange for teams and team assignments for both the BrandScape and Case Assignments right away. To facilitate this process, the assignments and dates are outlined here. Please, as soon as is possible, sign up for the BrandScape date as well as the case of your choice. Please indicate your team by name, names of all team members, and your preferences with #1 (Most Desired) through and including - #5 (Least Desired.) If you’re not yet on a team, please let me know, along with your preferences. I’ll try to accommodate preferences as much as I can. (On the other hand, I will need your forbearance, because it usually is not possible to give everyone their first choice.) Team Name: _______________________________________________ Team Members:____________________________________________________ _____________________________________________________________ BrandScape Dates/Assignments. (Be Sure to check the brand you select with Dr. Oliva) BrandScape 1, Wednesday, November 7, 2012 Preference # _______(1Most Desired-5 Least) BrandScape 2, Monday, November 12, 2012 Preference # _______ BrandScape 3, Monday, November 26, 2012 Preference # _______ BrandScape 4, Monday, December 3, 2012 Preference # _______ BrandScape 5, Monday December 10, 2012 Preference # _______ BrandScape 6, (7) Wednesday...
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...CMGT 442 ENTIRE COURSE To purchase this visit here: http://www.activitymode.com/product/cmgt-442-entire-course/ Contact us at: SUPPORT@ACTIVITYMODE.COM CMGT 442 ENTIRE COURSE Information Systems Risk Management Week 2 Individual Assignment Service Request SR-HT-001 (Huffman Trucking Benefits Election System) Prepare a 3- to 5-page paper describing the considerations necessary to address the possible security requirements and the possible risks associated with the Benefits Elections Systems being requested by the Service Request, SR-HT-001 for Huffman Trucking Company. Week 3 Individual Assignment Security Monitoring Prepare a 3- to 5-page paper describing the security monitoring activities that should be conducted in an organization with both internal IT (payroll, human resources, inventory, general ledger, and so on) and e-commerce (Internet sales and marketing) applications. The paper will include the rationale supporting each monitoring activity you propose and any recommended course of action to be taken when a significant risk is identified. Week 4 Individual Assignment Outsourcing Risks Prepare a 3- to 5-page paper that identifies the possible risks to an organization in each of the following outsourcing situations: a) the use of an external service provider for your data storage; b) the use of an enterprise service provider for processing information systems applications such as a payroll, human resources, or sales order taking; c) the use of a vendor...
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...Outsourcing Teresa McGlown BUS 630 Wendy Achilles 08/27/2012 Table of Contents Introduction 1 Forms of business aspects covered by outsourcing 1 Outsourcing with reference to Hechlinger, J. Article 2 Other articles highlighting the application of new learning with respect to outsourcing 3 Dean Meyer’s Article highlighting the advantages of outsourcing 3 Sholstica’s Article highlighting the disadvantages of outsourcing 6 Present and future application of outsourcing within workplace 6 Conclusion 7 References 8 Outsourcing Introduction In the present dynamic environment, one way the companies can gain competitive edge over their competitors is by taking full advantage of all the business aspects. One of such possible aspect of performing organizational activities in an efficient manner is through the platform of outsourcing that provides a company an opportunity to hire an outside firm having proficiency in a particular field and then getting some of the organizational tasks completed through this hired firm either at a reduced cost or an increased productivity rate. A number of factors (both related to internal and external environment) are considered that helps to decide that whether outsourcing is a right answer for a particular company. The process of outsourcing facilitates learning of a number of aspects that if properly applied within an organization can serve as a competitive element for the company, enabling them to remain a competitive force within...
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...Staffing and Skills Human Capital Because of the competition for scarce human resources individual units within a company have to contend with attracting and retaining skilled employees. Internal audit is no different. The numerous career options available to new entrants and the seasoned audit practitioner make it imperative for audit managers to continually re-evaluate their approaches to ensure that the internal audit department is adequately staffed both in terms of numbers as well as skill sets to discharge its functions effectively. The IIA Attribute Standards / and Performance Standards are very clear and definitive on this: i) Attribute Standard 1210 - Proficiency Internal auditors should possess the knowledge, skills and other competencies needed to perform their individual responsibilities. The internal audit activity collectively should possess or obtain the knowledge, skills and other competencies needed to perform its responsibilities. ii) Performance Standard 2030 - Resource Management The Chief Audit Executive should ensure that internal audit resources are appropriate, sufficient and effectively deployed to achieve the approved plan. Professionalism Internal auditing is grounded in professionalism and efficiency. Today's internal auditors are a far cry from the 'fault finders' or 'policeman' role that the profession has long been associated with. Modern day internal auditors are routinely consulted on all aspects of the organisation's activities from strategic...
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...New Drug Development Semester: 2012 Day of Week/Time: Office Hours: Class Website: Overview This course provides a detailed overview of the drug and biologics development process from discovery through regulatory approval. Special attention is given to the roles, functions and significance of the various disciplines involved in the R&D process, their interactions with each other, and the strategic management of these functions. Attention will also be given to key technologies used throughout the R&D process. The economics of pharmaceutical R&D as well as trends in licensing, outsourcing and partnerships will be covered. The student will gain an understanding of R&D strategy and the relationship between R&D and overall organizational success. Pedagogy The course will employ lectures notes, assigned readings, case analyses, individual homework assignments, and a final project. Each student will analyze three cases from the Harvard Business Review involving pharmaceutical companies. The final project will be a written paper touching on some aspect of managing pharmaceutical research and development. Relationship of Course to the Rest of the Curriculum The pharma value chain comprises all of the functional business elements from drug discovery through commercialization, and includes critical supporting functions, such as supply chain logistics and regulatory and compliance. IT is an enabler at the strategic and operational levels for all...
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...Assignment #3: Outsourcing Services • Question 1: Is the accounting policy proposed by OSI to defer costs associated with the origination of the agreement an appropriate policy? What advice would you give OSI regarding its policy election? Accounting policy proposed by OSI to defer costs is an appropriate policy. Cost should be deferred if they create or add value to an asset. In FASB Concept Statement No. 6, Par 25 states asset as “probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events." In the case of Outsourcing, management believes all up-front cost incurred are a necessary investment and will generate substantial profits through call revenue, therefore we could say the costs associated with the contract are part of revenue generating arrangement. This arrangement could be consider as an asset because revenue (Set-up and Call revenue) provides a future economic benefit, and this arrangement is controlled by Outsourcing Services, Inc. • Question 2: If the accounting policy to defer costs is appropriate, what costs, if any, would be eligible? Any cost directly relate to the revenue arrangement are considered eligible for deferral. SAB Topic 13Af provide descriptions of cost that are eligible for deferral. Eligible cost are in the case of Outsourcing are: a) $1,500,000 Direct costs to a third party to configure OSI – The direct cost is incremental direct cost incurred with third parties. (FAS-91...
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...Certificate in Business Management Assignment 1 Date: 11th July 2013 Written For: Mike Tucker Written By: Mya Phue Thwe Student Declaration: “I, Mya Phue Thwe, certify that the work submitted in this assignment is my own” Contents 1. Front cover 2. Contents page 3. Learner’s Declaration and Assignment Overview 4. Core content section: 1. Question 1: Answer 1 2. Question 2: Answer 2 3. Question 3: Answer 3 4. Question 4: Answer 4 5. Question 5: Answer 5 6. Question 6: Answer 6 7. Question 7: Answer 7 8. Question 8: Answer 8 9. Question 9: Answer 9 10. Question 10: Answer 10 5. Bibliography Learners Declaration: I certify that the work submitted in this assignment is my own. Mya Phue Thwe Flat2, 32-34 Cricklewood broadway, London NW2 3ET Business Management Certificate Assignment 1 – Effective Management Q1 Q2 Q3 Briefly describe the management responsibilities you undertake in your business. Identify the areas of your business which could benefit from greater organisation. Briefly describe an area of your business which could benefit from delegation. State the responsibilities that should be delegated and the relevant standards that must be achieved. Illustrate where each of the four leadership styles mentioned could be used within your business. Briefly describe the benefits of outsourcing. How can the ‘team spirit’ among your staff be encouraged, whilst recognising individual strengths? How valuable is management information to your business and how is this...
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...HUMAN RESOURCE MANAGEMENT ASSIGNMENT ON CHALLENGES FACED BY HRM DUE TO GLOBALISATION 11th FEB, 2013 GOWTHAM R 3511210330 CHALLENGES IN MODERN HUMAN RESOURCE MANAGEMENT DUE TO GLOBALISATION: 1)Changing Workforce Dynamics Frequently, physical relocation is required. The increasing number of dual-career professionals limits individual flexibility in accepting such assignments may hinder number of dual-career professional limits individual flexibility in accepting such assignments and may hinder organizational flexibility in acquiring and developing talent. Some demographic changes in the workforce having their own implications to the HR managers. 2) Changing Employee Expectations Employees demand empowerment and expect equality with the management. Previous notion on managerial authority are giving way to employee influence and involvement along with mechanisms for upward communication and due process. If we look at the workers unions of Otis, Hindustan Lever, ICI TOMCO, Blue Star, Webel Electro and Central Bank. They rewrite their agenda to include quality and better customer service and even accusing the management of malpractices. 3) Globalization Many Indian firms are compelled to think globally, something which is difficult for mangers who were accustomed to operate in vast sheltered markets with minimal or no competition either from domestic or foreign firms. Indian firms need to move one end of each continuum to the other end. 4) Managing Diversity Its...
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...Web assignment 1 1. This flattener has been raised to an art form by firms like Wal-Mart that electronically track sales and quickly replenish inventory on store shelves. a. Outsourcing b. Insourcing c. Informing d. Supply chaining 2. This flattener, by enabling people to mine tons of electronic data, has greatly facilitated cross border collaboration. a. Outsourcing b. Insourcing c. Informing d. Supply chaining 3. Friedman argues that 8/9/95 is a significant date in the history of globalization. Why? a. Netscape went public, ushering in the Internet boom, which led to massive investment in fiber optics and other high tech infrastructure b. Bill Gates and Microsoft introduced Windows 95, which revolutionized the way in which companies manage information c. NAFTA was ratified by the governments of the U.S., Mexico and Canada, forming the world's largest free trade area d. Bill Clinton signed a free trade accord with China, the last major bastion of Communism in the world 4. Friedman mentions many companies that are using information technology to better serve their customers and enhance their position in the marketplace. Which of the following is a company he does NOT discuss? a. Southwest Airlines b. McDonald's c. Jet Blue d. Apple Computer 5. The owner of an American manufacturing company closes his factory in Canton, Ohio and opens a new one in Canton, China. According to Friedman, this is an example of: a. Outsourcing ...
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... College of Information Systems and Technology. 4. Claudia Avila, BSBA, Curriculum Development Manager, College of Information Systems and Technology. 5. Adam Honea, Ph.D., Dean, College of Information Systems and Technology. Copyright ( 2001 by the University of Phoenix. All rights reserved. The University of Phoenix® and UniModuleTM are marks of Apollo Group, Inc. in the United States and/or other countries. Edited in accordance with University of PhoenixSM editorial standards and practices. (Template U1.0) Overview COURSE DESCRIPTION This course provides the foundation for understanding the broad concepts of successful planning, organization, and implementation within the realm of information technology. This course uses real-world examples and identifies common mistakes and pitfalls in project management. Topics covered include project scoping, estimating, budgeting, scheduling, tracking and controlling. TOPICS AND OBJECTIVES Project Management and the Organization • Define Project Life Cycle. • Identify roles in project management. • Identify project manager's skills. • Demonstrate project management software. Work Breakdown Structure and Scheduling • Examine Request for Proposal (RFP). • Define and apply Work Breakdown Structure (WBS). • Examine and apply durations. • Examine and apply precedence relations. • Develop a WBS using Microsoft Project. Resource Assignment and Project Financing • Examine project management...
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...THOUGHT PAPER – INDIVIDUAL ASSIGNMENT 1 Critical Analysis of Recruitment and Selection Policies at Telecoms Jamaica Limited Dwight S. Williams ID: 20122939 Managing Human Resources (HRM609) Due Date: April 16th, 2013 College of Graduate Studies University College of the Caribbean Worthington Avenue Campus THOUGHT PAPER – INDIVIDUAL ASSIGNMENT Abstract This paper examines the recruitment and selection policies and practices at Telecoms Jamaica 2 Limited. It provides an overview of the organization in terms of its size, type of operations, types of employees, etc. A critical analysis of the existing policies and practices is provided along with recommendations to address the observed deficiencies in the practices and policies. Justifications for the recommendations are also provided along with some expected benefits to be derived from implementing these recommendations. Various challenges may arise even after implementing the recommendations so risk mitigating actions are also suggested. 2 THOUGHT PAPER – INDIVIDUAL ASSIGNMENT 3 Critical Analysis of Recruitment and Selection Policies at a Telecommunications Company Introduction Recruitment and selection of workers and management in a company are two of the most critical processes to the success of a business and should be integral in its business strategy. It can be quite challenging to determine from a pool of candidates which one will be the best fit in an organization’s culture. It becomes...
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...Module 1 Readings and Assignments Complete the following readings early in the module: Read the overview for Module 1 From the textbook, Operations management: Creating value along the supply chain (7th ed.), read the following chapters: Introduction to operations and supply chain management Project management From the Argosy University online library resources, read: Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120. (ProQuest Document ID: 215258436) http://search.proquest.com.libproxy.edmc.edu/docview/215258436?accountid=34899 Barney, J. B. (2001). Resource-based theories of competitive advantage: A ten-year retrospective on the resource-based view. Journal of Management, 27(6), 643–650. Retrieved from http://jom.sagepub.com.libproxy.edmc.edu/content/27/6/643.full.pdf+html Gopalakrishnan, S., Kessler, E. H., & Scillitoe, J. L. (2010). Navigating the innovation landscape: Past research, present practice, and future trends. Organization Management Journal, 7(4), 262–277. doi:10.1057/omj.2010.36 (ProQuest Document ID: 820961459) Long, L.D., Ohsato, A. (2008). Fuzzy critical chain method for project sheduling under resource constraints and uncertainty. International Journal of Project Management, 26(6), 688–698. Retrieved from http://www.thecampuscommon.com/library/ezproxy/ticketdemocs.asp?sch=auo&turl=http://www.sciencedirect.com/science/article/pii/S0263786307001548 Assignment Summary: Module 1 Due...
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