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In what ways can Bikanervala further professionalize the family business to make it fourth-generation
ready?
How would you define the professionalization of a family business? Has Bikanervala professionalized
over the years? In what way?
What are some immediate challenges that Bikanervala is facing at this stage? Do you think Bikanervala
needs to professionalize its business in order to meet these challenges? Why do you think Kedarnath
Agarwal is concerned about the importance of professionalization now?
How would you evaluate the stage of development of Bikanervala as a family business? What does this
imply for the major challenges that the family business faces at this stage?
What are the sources of competitive advantage of family businesses? What are the unique resources of
Bikanervala as a family business, and how do these translate into a competitive advantage?
Critically compare the main features of ‘Scientific Management Theory’ and ‘Administrative Theory’ of Employment Relations? Discuss how their features contribute to the Unitary Theory of Employment Relations. Also discuss their similarities and differences. Give examples from any overseas country to support each of your main points
ITC has been changing their foot print of warehouses in the recent years. ITC operates
a diversified business model and have evolved over the decades building warehouses to
support their production and also to distribute goods to their distributors. This has lead to a lot of cost/service imbalance. They are looking at reducing number of warehouses,
automating warehouses and in some cases combining their distribution warehouse along
with the factory warehouse. Their aim is to keep the warehouses operationally flexible
and agile to meet modern day business needs. Describe distribution network design
with ITC business model as background?
a. Describe aggregate planning and role of aggregate planning? (5 Marks) b. Describe and apply aggregate planning strategies in this case
inventory control, increased supplier and customer satisfaction, alongside better customer experience.
‘Procurement of capital equipment is more strategic when compared to procurement of other equipment’. Do you agree? Comment from your perspective citing real time example.
