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 Industrial Relations & Labour Laws 1. Sadashiv Mane is working with Chop up industries and is very unhappy with his foreman. He feels, his foreman, Raghuveer is usually unjust when it comes to allotting shifts to Sadashiv. According to Sadashiv, Raghuveer also delays his payments purposely. However, upon taking up this issue, Raghuveer reasoned that payments are made from the office and he distributes them as he receives them. Sadashiv is trying to raise this issue as an Industrial dispute with the committee at his factory but they are not accepting it as an industrial dispute. In light of this example, please innumerate the principles which decide the nature of an industrial dispute to be called so. 2. Bhagwan wants to start a unit for clothes manufacturing. He has got a large contract of a label in India. Bhagwan is planning on a large place where he will have around 150 stitching machines. He is planning to employ 25 cutters and masters for measurements and cutting the patterns and around 100 ladies who would be stitching the clothes together. When he met the Inspector for setting up the license for shop and establishment, he came to know that there are separate provisions he must keep in mind while employing women. Please guide Bhagwan towards special provisions he must keep in mind for employment of women under Factories Act, 1948. 3. Kotwal and sons has been a proprietary company since almost 30 years. They are a known name for ink making. A lot their products are exported. The company employs close to 85 people at various levels in the factory and office. Mr. Ramesh Kotwal the Director and owner of the company had started the company and had never really thought of going by law where salaries were concerned. While most of the staff with the company is working for years, they have only one complain that that is standardized salaries. Anish Kotal has now taken over and wants to create a standard on salaries by some tweaking. However, he wants to know the details of the remuneration according to the law or act. Please answer following questions based on the information. a. Mr. Gaidhuni, an expert consultant is helping Anish for his project of salary standardization and lists various points as employer’s duty to pay Equal Remuneration. Please list these points for Anish. b. List out the consequences of offence committed under this act. Performance Management System 1. You have joined as HR Manager at Oberoi Mall. Design a self-appraisal form for sales executives using the Graphic Rating Scale method. You may consider a 3 point scale or a 5 point scale. Your self appraisal form should include a minimum of 5 statements for the sales executive to complete the self appraisal form. 2. Akash Kumar is a successful Team Leader at Surya Solar Industries since the past 5 years. He has a team of 20 employees across India and the profitability of his team has been a consistent year-on-year increase of around 10%. The organization is on an aggressive growth path and the new Department Head Ajay Arora has been pushing team members to enhance sales for their respective territories. Akash finds Ajay’s leadership approach too aggressive and he also feels he is unnecessarily putting pressure on Akash’s subordinates and not letting Akash deal directly with his team. Akash is finally fed up and
WWW.SMUSOLVEDASSIGNMENTS.COM submits his resignation. You are the HR Manager – how will you conduct a coaching conversation with Akash in this scenario. 3. Meghdoot Finance Ltd is the service provider for one of the leading banks in India. The sales executives are involved in selling credit cards to customers. a. Suggest 3 ideas for ‘’recognition’’ of successful sales executives b. Design a reward scheme for the sales executives with a view to increase credit card sales. Organisation Culture 1. Compare and contrasts between India’s and Canada’s culture. 2. Explain with the help of examples that how successful organisational culture can be built with Consistency Adaptability Involvement Clear Mission. 3. a. Explain with the help an example the role of leader in any modern organisation. 3. b. Explain with the help of an example that how leadership and culture are strong tenets in any merger and acquisition. Decision Analysis & Modeling 1. Suppose that you are playing a game with a competitor (two-person game). Using the maximin (minimax) principle, what is the strategy selection for you and your competitor separately? What is the value of the game for each player? Is the game biased? Does the game have a saddle point? The payoff matrix is given below. B1 B2 B3 B4 A1 -5 6 2 8 A2 4 4 4 5 A3 5 -3 1 -5 (10 Marks) 2. Suppose that the Sales of your company has the following probability distribution. 20,000: 0.20 40,000: 0.30 60,000: 0.30 70,000: 0.20 Simulate the Sales for the next 12 months using the following random numbers (using Monte Carlo) and find the average Sales per month: 12, 64, 46, 5, 93, 51, 91, 63, 21, 88, 33, 21. Interpreting the results, comment on the following: What is more important – the quality of randomness of the numbers or the probability distribution of Sales? (10 Marks) 3. Suppose that you are analyzing ‘Sales’ and ‘Marketing expense’ data of your company. It is found that lagged ‘Marketing expenses’ (with lag of 1) significantly determines ‘Sales’. Sales is auto-correlated (with lags 1 and 2). a. Interpret what autocorrelation means in this context. What may be an example of auto regression? Write an example of the auto-regressive model in this context. (You must write the equations.) (5 Marks) b. Suppose further that there are only two types of products which are sold, and that Sales is suspected to be heteroscedastic. Interpret what heteroscedasticity means in this context, how may we test it statistically in this context?
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