Management Answers

Lisa, a commerce graduate, has been working in the field of Finance for the last 3 years. She now decides to do her post-graduation in management from a reputed college. As a part of her documents, Lisa requires a recommendation letter from her former professor. Imagining yourself to be Lisa, write a letter to your former professor requesting him to write a recommendation letter for you. Take care to refresh the professor’s memory because you had passed out three years ago. Creatively assume any other details that you need for writing the request letter.

You have been appointed as IT Head of a soon to be opened Retail chain store by the name of “India Retail Store” which will have branches all over India. India Retail store is a Private Limited company. Highlight atleast 5 security threats that a Retail store may face in today’s times and suggest 5 innovative IT security mechanisms to ensure that such threats do not harm your Retail store chain & that your systems remain as secure as ever. 

Classify the following purchase decisions in terms of the above

i. Buying a gift for your parent’s 25th wedding anniversary

ii. Laptop

iii. Groceries for daily use at home

iv. Ordering-in food at home on a Sunday evening through Swiggy / Zomato

The more Quantitative a model, the better the valuation. Do you agree the statement?

Justify your answer.

In early 2000, “United Colors of Benetton”, The Italian Casual Wear Brand decided to restore it’s lost sales through a shift in strategy. They decided to allow the country managers to adapt the product offers and rework on the marketing strategies. Products were redesigned keeping in view the physical differences among various contries customers. Regional flavours were added in product features and communication specially when more than 50% business started coming from emerging markets.

 a. How does the Brand “United Colors of Benetton” demonstrate the Globalisation of markets?

 b. Do you think that this strategy is appropriate for emerging markets

Green Bell is a retail giant in India. Currently only confined to metro cities for their giant super store outlets, they are planning to spread to smaller cities in India. While working on the resource allocation, HR is planning on shifting a few of the current staff to new locations while recruiting local staff at each location in parallel. They need to engage the current staff in training for the newer audience. Discuss the expansion from the point of view of Hofstede’s five dimensions to include in the training.

To what extent would organization and administration promote legal services in Nigeria Discuss?

“Though the personnel policies guide all managers in attaining their goals, their administration is hindered by various factors”. Explain.

What challenges could you face during an interview? That can include a number of different factors. How would you handle it and why?

What type of interview questions would you fear the most (behavioural, situational, etc) and why? How would you answer them and why? Give your reasons. What type of strategies would you use to answer difficult interview questions?

What technique would you consider when answering behavioural questions? Why?

How would you handle the situation if you were to be asked an inappropriate or illegal question during a job interview?

What can you do to make a strong first impression during an interview?

A South African global investment company embarked on a learning development needs analysis (LDNA) to explore and identify the current gaps in the competency of employees with the focus on areas such as leadership culture and practices, technical ability, teamwork, and strategy. The L&D professional’s approach was to collect information from a variety of sources and used different data collection methods.

6. Assume that you are a learning and development professional in the case, and you need to determine whether or not a need for training actually exists and whether the intervention will contribute to the achievement of organisational goal directly or indirectly? identify and discuss the first step in the entire process of learning and development. (8)

7. Would you describe the approach as proactive or reactive? provide reasons for your answer.