WWW.SMUSOLVEDASSIGNMENTS.COM GET BEST QUALITY SOLVED ASSIGNMENTS VISIT WWW.SMUSOLVEDASSIGNMENTS.COM Or Mail us at solvemyassignments@gmail.com YOU MAY CALL US ON - 7506193173 WHATSAPP NUMBER- 9967480770 INTERNAL ASSIGNMENT APPLICABLE FOR SEPTEMBER 2019 EXAMINATION Export Import Procedures and Documentation 1. You are working in an export organization and handles documentation of exports. Your Head of Department informs you that customs has allowed to merge Invoice and Packing list as one document and he advises you to proceed with this system. Your HOD has also some doubts on merging these two documents. Kindly explain to your HOD the advantages and disadvantages of merging invoice and packing list and which is the better option in the Indian business context. (10 Marks) 2. Your company got two quotations to import laptops from Japan. One quotation states that you have to pay the entire money in advance and the shipment will be sent immediately on receipt of the full payment. Another quote states that the payment can be made after the receipt of consignment but the delivery will take 33 days as they don’t carry stock. Your company is in a dilemma in selecting the vendors. Your boss asked you to take a decision after speaking to both the vendors. Kindly explain your decision with valid reasons for your decision. (10 Marks) 3. Your company has imported 10 containers of goods by sea and seeks your advice whether to go for advance filing of bill of entry to hasten the process of customs clearance. This is the first import from this new vendor and you are not sure of packing, documents, etc. You need to check, analyse and advice the company on the following: a. Whether it is good to go for advance bill of entry and give supporting reasons for your decision (5 Marks) b. What would be the repercussion in case ship does not reach on time and /or the details of advance bill of entry are incorrect? India's Foreign Trade 1. Indian Gems & Jewellery have emerged as one of the major segments in the Indian export performance. Justify the statement by giving data of the last five years for this segment. Also discuss different factors acted as a lever for the export growth in this sector. (10 Marks) 2. What are the major changes brought about in the 2015-20 India’s Foreign Trade Policy, which has helped the country for increasing the exports? (10 Marks) 3. Handicrafts exports from India is one of the major contributor overall exports which directly help the small size enterprisers to expand their business: a. Explain what the major impediments are this segment is facing and how this can be resolved. (5 Marks) b. What are the measures taken by Ministry of Commerce through Export Promotion Council of India (EPCH) to help this segment for exports? Customs Shipping and Insurance 1. You have imported one consignment of mobiles by sea. After customs clearance the consignment was transported by truck to your warehouse. However due to unprecedented rain water seeped into the truck and most of the packages got completely wet. Your company asked you to process the insurance claim. But the insurance claim got rejected as the insurance cover was from port to port only. You need to
WWW.SMUSOLVEDASSIGNMENTS.COM explain to the company the reason for rejection of claim and what should be the right cargo insurance policy for multi modal transportation. (10 Marks) 2. You have joined a company as an Export Import Manager and this is a new company. Your company wants to start the operations as early as possible and seeking your advice whether to deal directly with the shipping lines or freight forwarders to import consignments from Dubai, UK, US and Australia. Your company does not have any branches in these locations. Please advise the company a suitable option to start the imports (10 Marks) 3. You have imported a consignment of chemicals and due to shortage of space in your factory you have stored the same in Customs bonded warehouse. After 6 months of bonding you have been asked to clear part consignment from bonded warehouse. Also your company is asking whether they can store the goods in bonded warehouse beyond one year as demand has got reduced: You need to advise the company on the following: a. What type of bill of entry should be prepared for taking part quantity out of bonded Stores (5 Marks) b. What is the duration to keep an item in bonded warehouse and whether you can get extension of storage period? (5 Marks) Compensation & Benefits 1. ABC Ltd. is a newly set up electronics manufacturing company in India. They are in the process of setting up a compensation plan for their employees. You are an HR Manager in the company and your immediate task is to set up a compensation plan for sales executives. What components will you keep in the compensation for sales executives? Justify each. (10 Marks) 2. ITB is a newly set up FMCG Company in Mumbai and they are in the process of deciding the reward strategy to be implemented for its employees. You are hired as a consultant for the same. How will you structure a reward strategy for ITB? (10 Marks) 3. PHILIX is a leading Textiles company in India. They have a plant at Bhivandi near Mumbai. The company is planning to revise its pay structure considering the changes in the external environment and you are the HR Manager in PHILIX. Considering this answer the following questions: a. How will you conduct job analysis in PHILIX? (5 Marks) b. How will you conduct job evaluation in PHILIX? (5 Marks) Manpower Planning, Recruitment and Selection 1. “Job description is a vital document for a new employee “Elucidate your views on the statement. Create a job description for a HR manager by assuming suitable data as required. (10 Marks) 2. “With increasing attrition rate, career planning has become an essential function of the HR department”. Would you be for or against this statement; why? Share your personal experiences of lack of career planning for you OR career planning being done for you (any one only) and the effect of the same on you. (10 Marks) 3. Panacea is a chain of medical stores started a few years back and is rapidly seen expanding across various states. The HR and admin functions of the organization were outsourced until sometime back. The company has about a year ago formed a small HR team and the HR manager wants to start the learning initiatives for the chain. Knowing it is going to be the first time, he knows he may not get an approval for many training programs. He needs to prepare a list of the two most required training sessions for the staff in the stores and go with the budget to higher management for approval. a. If you were to suggest the HR manager any two training topics that may seem utmost necessary which would they be and why? (5 Marks) b. If you were to convince the higher management the importance of the proposed learning initiatives, what would you say? (5 Marks)
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