Management Answers

Untrained interviewers can make mistakes that are very costly to the organization.” Discuss errors in perception and selection that interviewers can make and how to avoid them.

Ms. Riya did not get the welcome or support she expected from the team. Her plans were not implemented with the same vigour that she had imagined? Which common organizational pitfalls in leadership are described in this scenario? 

Lungameni Enterprises manufactures Product A selling it to the local customers at a mark up of 25%. They currently absorbs overhead costs on the basis of direct labour hours. Production volume for product A was estimated at 1000 units. Only 80% of production volume was achieved. Standard practice product A require 0.5 hours at an hourly rate of N$8.50. The 80% production volume produced at 45 minutes per unit and hourly rate of N$8.00. Raw materials are bought from local suppliers at N$3.50 per kilogram. Each unit require 1.5 kilograms. Two kilograms was used, monthly manufacturing overhead costs amounted to N$1200. The production manager view that manufacturing overhead cost be absorbed on basis of direct labour cost.

Required:

On the basis of gross profit / loss do we agree with Lungameni Enterprises production managers recommendation? show all the workings.

Mr. Ranveer Goswami, the current CEO retired from the organization and everyone bid him a very emotional farewell. He was a people’s leader and the team was going to certainly miss him. The young CEO Ms. Riya Talwar who was going to take his position had a tall task ahead of her. She was eager to implement the ideas she had in mind to expand the organization and was one focused leader, doing everything in her capacity to lead the organization to greater success. 

Performance of employees at the workplace depends on their personality traits. Describe the five major traits that most researchers agree upon and explain how they lead to meaningful workplace behaviour.

Interpersonal relationships between superiors and subordinates in an organization involve different kinds of power equations. In your opinion, arrange the 5 sources of power in order of importance, that are based on superior subordinate relationships in an organization. Justify your preference.

In the last 3-4 years, with easy and cheap access of internet, there has been significant

rise in various OTT platforms, which got accentuated due to the pandemic in 2020 -

2021. This has affected the DTH market significantly especially in the Tier 1 cities in

India.

a. Considering the concept of Product Life Cycle, where would you put the DTH/Television sector in their lifecycle? Explain each phase of the lifecycle and justify

your answer with examples.

2. Giving examples, explain how some of the Television network companies are evolving

by new product development and attracting more consumers than ever before.

(5

You and your friend have worked on the idea of a unique two-wheeler that runs on

electricity. This can be mainly used for B2B purpose by all the delivery companies like

Swiggy, Zomato, Tata 100mg and other Online E-commerce platforms. The potential

for the product is huge, however, you need to be very sure of the Product Performance

before you approach the VC for funding for commercial scale manufacturing. To ensure

that the actual product meets the predefined quality standards, you need to do testing at

various stages of NPD. Explain all the different types of testing you will be doing

during the different stages of NPD of your product. What shall be your final step before

you approach VC to fund the project.

Dabur India Ltd is one of the largest FMCG companies in India. It is also World’s

largest Ayurvedic and Natural Hair Care Company. Dabur today operates in key

consumer product categories like Hair Care, Oral Care, Health Care, Skin Care,

Home Care and Foods. The coronavirus pandemic has brought a change in demand dynamics with consumers increasingly seeking Ayurvedic products that build

immunity.

You are the Product Development Manager and have been given a target of introducing

at least 30 new products across their different product categories in the next one year.

Identify different ways you shall consider introducing new products (Hint: Give some

examples of the type of products you would like to consider from the product

categories). Also, since the time period is short what type of “product development”

model you shall use and why? (Hint: Compare some common product development

models studied in the class and explain the benefit of the one that you will choose)

The training manager at ABC corporation has asked you to identify the kind of training

programs that should be offered to the young recruits who have joined as management

trainees and are to be imparted five additional general management programs along with their specify job training modules. The trainees are a mixed bunch of engineering

and management graduates.

(a) How would you formulate your management research questions?

(b) How would you carry out a problem audit? Explain in detail the steps you would

take for this.

(c) What could be the mix of variables that could impact the investor decisions? Is it

possible to represent the same through a theoretical framework?

(d) State your study objectives and research hypotheses.