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ASSIGNMENT
DRIVE WINTER
PROGRAM/SEMESTER
SUBJECT CODE & NAME
2013
MBADS â (SEM 3/SEM 5) / MBAN2 / MBAFLEX â (SEM 3) /
MK0010 - SALES, DISTRIBUTION AND SUPPLY CHAIN
MANAGEMENT
BK ID
CREDITS
MARKS
B1721
4
60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q1 âThe key to the development of the sales force is the finalization of the appropriate sales
processes by each organizationâ. In this context, explain the process to personal selling.
(Explanation of the process) 10 marks
Personal selling is the most expensive form of advertising and to be effective one should use a step
by step process to gain the most benefit. Personal selling can adjust the manner in which facts are
communicated and can consider factors such as culture and behaviour in the approach. They can ask
questions to discover the specific need of the customer and can get feedback and adjust the
presentation as it progresses.
The key to the development of the sales force is the finalization of the appropriate sales
processes by each organization. Sales processes differ across products as well as approaches and
strategies followed by an organization. For example, the process usually adopted in a consumer
product business is significantly consumer product sales, the approach could vary widelyâsome
organizations believe and incorporate an inward-looking high-pressured sales-oriented approach,
while others adopt a customer oriented problem-solving approach to selling.
Q2 âMotivation is one of the principal objectives of a good training planâ. Explain
(Explanation of motivating sales force-3 marks, Explanation of impact of motivation on sales
productivity-7 marks) 10 marks
Motivation of the Sales Force
Motivation is the inner force within a person which guides behaviour and is responsible for causing
specific actions. refers to the decision (which action) chosen in a particular circumstance.
A motivated sales force can exceed your expectations for revenue and for profit. How do you
motivate them to go above and beyond? Here are some ideas:
1.
Foster a team environment
When people communicate, they can also begin to collaborate better. Senior salespeople can help
junior
Q3 âDoing business globally always has been a tedious task for the organizationsâ. Explain
(Explanation of challenges faced by international sales manager) 10 marks
Ans.
2. When an organization faces several legal, ethical, employees related and other issues in its day to
day routine which hamper its sales growth, in spite of all preventive measures, one can easily predict
the challenges faced by international managers while doing business abroad. Some of these
challenges are common to all international managers like systematic challenges such as political and
economical environment while some other personal factors such as managerâs know how, ability,
communication. Human Resource dealing art vary from person to person. The challenges faced by
sales managers while doing business abroad are as follows:
Language Barriers: Every manager would like to go to abroad and serve organizations but due to
language differences, they are not able to produce results. It happens because you being a sales
manager you may be capable of doing your job but your customers donât understand what you want
to communicate. One of the foremost challenges faced by international sales managers is the
language barrier. Therefore, a company for international sales positions always look for linguist (who
is good at speaking or learning foreign languages). Secondly, sometimes, you know foreign language
(like Russian, French, or German) but it is different to try to conduct business in a foreign language
than to simply have
Q4 Explain Vertical Marketing System and its types.
(Explanation of VMS-1 marks, Explanation of types-9 marks) 10 marks
Ans.
A Vertical Marketing System (VMS) is a system in which almost all the members of distribution
channel such as manufacturers, wholesalers and retailers work together to satisfy human needs and
wants by facilitating the smooth flow of goods
Q5 Explain SCOR Model and its management methods.
(Meaning of SCOR-2 marks, Explanation of methods-8 marks) 10 marks
Meaning of SCOR Model
The SCOR model is used to understand simple or complex supply chains through a common set of
terms. Consequently, different industries can be related to each other to interpret any supply chain.
SCOR is based on five unique management methods. These are: Plan, Source, Make, Deliver and
Return.
(i) Plan: It includes methods required to balance collective demand and supply to devise a strategy
which meet sourcing, production and delivery requirements in an optimum manner.
(ii) Source: It includes methods to procure goods/services to meet the actual or anticipated demand.
(iii) Make: It includes methods that convert a raw product to a finished product to meet the actual
or anticipated demand.
(
Q6 Write short notes on:
a) Enterprise Resource Planning- 5 marks
b) Economic Order Quantity- 5 marks
(Explanation of model, Meaning and applications)
Answer.
Enterprise Resource Planning is the single, end-to-end software solution for business, and is built for
the way people work todayâready to meet the ever-changing demands of a growing, global
economy. ERP promises huge improvements in efficiencyâfor example, shorter intervals between
orders and payments, lower back-office staff requirements, reduced inventory, and improved
3. customer service. Enterprise Resource Planning Systems (ERP) integrate the entire companyâs
information system, process and store data, cut across functional areas, business units, and product
lines to assist managers make business decisions. They are massive computer application systems
that allow a business to manage all of its operations (finance, requirements planning, human
resources, and order fulfillment) on the basis of a single, integrated set of corporate data. The basic
ERP Model is based on a process view of the organization. It reassigns the activities into tasks. Each
of the tasks may cross functional boundaries. Its foundation is popularly called the âStoolâ. The stool
is made up of three basic elements âMarket â Sales and Distributionâ, the âProduct â Materials
Management and Productionâ and the âFinancial Accounting and Controlâ. Each of these forms a
cycle and is described by four basic components:
⢠Organizational data
⢠Master data
⢠Rules
⢠Transactions
The three legs of the âstoolâ are âorganizational dataâ, âmaster dataâ and ârulesâ. These legs are
applicable to each of the three basic elements and based on these, âtransactionsâ are planned,
implemented and controlled in the ERP system. The âstoolâ concept is shown as Figure.
Applications
The main function of using ERP is to enable the flow of information between all business functions
within an organization and manage the relationship with outside stakeholders. Therefore, ERP is an
amalgamation of three important components:
⢠Business management practices,
⢠Information technology, and
⢠Specific business objectives.
Dear students get fully solved assignments
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ASSIGNMENT
DRIVE WINTER
PROGRAM/SEMESTER
SUBJECT CODE & NAME
2013
MBADS â (SEM 3/SEM 5) / MBAN2 / MBAFLEX â (SEM 3) /
MK0011- CONSUMER BEHAVIOUR
BK ID
CREDITS
MARKS
B 1722
4
60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
4. Q1 âMarketers manage product positioning by focusing their marketing activities on a positioning
strategyâ. Explain
(Explanation of positioning approaches) 10 marks
Ans- Positioning refers to how you communicate the essential benefits of your small business to
potential customers. Where you sell your product, how you make it, where you make it and your
price all convey subtle messages to the marketplace, even without your using any overt advertising,
public relations or promotions. Positioning is the perception of a brand or product in the mind of a
target consumer and reflects the essence of that brand or product in terms of its functional and nonfunctional benefits as judged by the consumer. â7Upâ was projected as the âun-colaâ positioned as
an alternative to the colas. Two simple words crystallized things in the consumersâ minds. HULâs soap
Lux is positioned as the âbeauty soapâ of female film stars and Dettol is the antiseptic for minor nicks
and cuts. BMW car is positioned as the âultimate driving machineâ. As markets become more
crowded and competitive with similar types of products, consumers rely more on the productâs
image than on its actual characteristics in making their buying decisions.
Q2. Explain motivational conflict and its principles.
(Explanation of meaning-1 marks, Explanation of types-9 marks) 10 marks
Ans.
Motivational Conflict
Motivation is the driving force within individuals and is the result of a state of tension resulting from
unfulfilled needs, wants or desires. âVariety is the spice of life.â Hardly anybody is likely to disagree
with this saying. For most of us, too much of the same thing over and over again turns out to be
unexciting, tasteless or boring. We are aware that consumers sometimes display âvariety seekingâ
behavior out of sheer boredom or a desire for variety. A motivational goal has valence (strength).
This valence can be positive or negative. Consumers are motivated to approach the goal with
positive valence However; some behavior is directed at avoiding a negative outcome.
Types of motivational conflicts
Approach-approach conflict â The person must decide between the attractive alternatives and may
face a situation of
Q3 Explain Absolute threshold and Differential Threshold with the help of an example each.
(Explanation-6 marks, Examples-4 marks) 10 marks
Ans.
Absolute threshold
For instance, an individual may sense the sound pitch at 20 cycles per second and another individual
may sense the sound pitch at 30 cycles per second. Absolute threshold for sound in the case of these
two individuals would be different. Many individualsâ ability to discriminate sensory characteristics
such as taste, smell, hearing or feel is small. Absolute threshold refers to the lowest level at which an
individual can experience sensations. At this point, an individual can detect a difference between
âsomethingâ and ânothingâ, and this point would be the absolute threshold for that stimulus. The
senses are likely to become increasingly dull under conditions of constant stimulation and the
absolute threshold
5. Q4 Explain with one example each, the factors that inhibit relationship between beliefs, feelings
and behavior.
(Explanation-6 marks, Examples-4 marks) 10 marks
Ans.
In psychology, the theory of planned behavior is a theory about the link between beliefs and
behavior The concept was proposed by Icek Ajzen to improve on the predictive power of the theory
of reasoned action by including perceived behavioral control. It is one of the most predictive
persuasion theories. It has been applied to studies of the relations among beliefs, attitudes,
behavioral intentions and behaviors in various fields such as advertising, public relations, advertising
campaigns and healthcare. The theory states that attitude toward behavior, subjective norms, and
perceived behavioral control, together shape an individual's behavioral intentions and behaviors.
People are viewed as self-organizing, proactive, self-reflecting and self-regulating rather than as
reactive organisms shaped and shepherded by environmental forces or driven by concealed inner
impulses. From this theoretical perspective, human functioning is viewed as the product of a
dynamic interplay of personal, behavioral, and environmental influences. For example, how people
interpret the results of their own behavior informs and alters their environments and the personal
factors they possess which, in turn, inform and alter subsequent behavior. The self-efficacy theory
contributes to explaining various
Q5 âCultural Values are enduring beliefs that a given behavior or outcome is desirable or goodâ.
Explain
(Explanation of cultural values-4 marks, Explanation of classification-6 marks) 10 marks
Ans.
Cultural values
Cultural values are essential these values are enduring beliefs that a given behavior or outcome is
desirable or good. They create internal judgments that will determine how a person actually
behaves. Ethics determine which values should be pursued and which should not. A
culture'svalues are its ideas about what is good, right, fair, and just. Sociologists disagree, however,
on how to conceptualize values. Or the commonly held standards of what are acceptable or
unacceptable, important or unimportant, right or wrong, workable or unworkable, etc., in a
community or society.
Conflict theory focuses on how values differ between groups within a culture, while functionalism
focuses on the shared values within a culture. A culture, though, may harbor conflicting values. For
instance, the value of material success may
Q6 Write short notes on:
a) The Adoption Process
b) Post-Purchase Behaviour of a consumer
(Meaning and Barrier-5 marks, Meaning and example-5 marks) 10 marks
Ans.
a)
The Adoption Process
The process of diffusion starts when early adopters influence their reference group members and
other acquaintances to purchase the product. The adoption of an innovation requires that an
individual or a group of consumers decide on buying a new product. Therefore, it is reasonable to
view adoption as the first step in the diffusion process. The adoption of an innovation is likely to be a
reasonably involving decision for most of those who are among the first to buy the product and can
be represented by a hierarchy-of-effects model. Thus, the adoption process is basically a term used
6. to describe extended decision making by consumers when a new product, service, or idea is
involved. High involvement in product or purchase situation is likely for discontinuous innovations.
For example, the decision to buy a DVD writer or have laser eye surgery will be a high-involvement
decision. Most continuous innovations probably trigger limited decision making. In case of low-cost,
low-risk innovations, consumersâ involvement level is likely as below:
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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ASSIGNMENT
DRIVE WINTER
PROGRAM/SEMESTER
SUBJECT CODE & NAME
BK ID
CREDITS
MARKS
2013
MBADS â (SEM 3/SEM 5) / MBAN2 / MBAFLEX â (SEM 3) /
MK0012- RETAIL MARKETING
B 1723
4
60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q1. What are the classifications of retail customers based on shopping?
(Explanation of classification) 10- marks
Answer.
Classification of retail consumers based on shopping:
In retail, this idea of focusing on the best current customers should be seen as an on-going
opportunity. To better understand the rationale behind this theory and to face the challenge of
building customer loyalty, we need to break down shoppers into five main types:
Loyal Customers: They represent no more than 20 percent of our customer base, but make
up more than 50 percent of our sales. These people are the ones who can and should influence our
buying and merchandising decisions. Nothing will make a Loyal Customer feel better than soliciting
their input and showing them how much you value it. In my mind, you can never do enough for
them. Many times, the more you do for them, the more they will recommend you to others.
Discount Customers: This category helps ensure your inventory is turning over and, as a
result, it is a key
Q2 Explain Retail EST Model with an example.
(Explanation-8 marks, Example-2 marks) 10 marks
Answer.
As per this model the retailer has to be the best (strategic differentiator) amongst one of several
retail offerings to be the winner. This will aid in positioning the retail organization as one of several
retail offerings. Est retailing helps the retailers in positioning themselves in the eyes of the customer,
EST retailers always focus very keenly on their core customer propositions which is generally called
as Est positions. All the employees of the retailer are committed to this job. They communicate that
7. positioning to their customers and execute it relentlessly at the store level. The strategic and day-today operational decisions are based on their Est positioning. For example Dominoâs Pizza
Q3 âRetail merchandising refers to the process used to conduct retail sales.â Explain
(Explanation of the RMM Process) 10- marks
Answer.
RMM Process
Merchandise management is a strategic process. As such, we need to create systems leading to a
seamless and integrated way from top level strategy to tactical action. Ensuring the right
merchandise is available at the right place, at right time in the right quantity and at right price is one
of the major areas of concern for a retailer.
Retail merchandising refers to the process used to conduct retail sales. As part of the process, the
merchandiser pays close attention to the different types of products offered for sale, how to present
those products to consumers in a best way, and determine a reasonable retail price for each unit
sold. Earlier, the retailers were engaged in the task of retail merchandising in a physical location, but
nowadays the Internet has made possible to apply these same basic
Q4 Elaborate the upcoming tools used in Integrated Marketing Communication.
(Explanation of tools) 10- marks
Answer.
Integrated Marketing Communication (IMC)
IMC is integrated management of different communication media to build positive and lasting
relationships with consumers and other stakeholders. It is a customer-centric approach to marketing
and branding that emphasizes the
Q5 âSelling globally opens up the way to lucrative large-business customers.â Explain
(Explanation of benefits of going global) 10 marks
Answer.
Benefits of Going Global
Selling globally opens up the way to lucrative large-business customers.
Diversified markets: One of the main benefits of going global is that international retailers can take
advantage of the booming global markets. Expanding business horizons overseas provides an
opportunity to retailers to learn new ideas, concepts, approaches and new marketing techniques
from their exposure in the global marketplace which can be successfully applied domestically.
Global competitiveness: Today, many foreign companies are entering the local market by exporting
their goods and
Q6 Write short notes on:
a) Enterprise Resource Planning (ERP)
b) Future of Electronic Retailing
(Explanation-5 marks, Explanation-5 marks) 10 marks
Answer.
8. a)
Enterprise Resource Planning
Enterprise Resource Planning is the single, end-to-end software solution for business, and is built for
the way people work todayâready to meet the ever-changing demands of a growing, global
economy. It is an industry acronym for Enterprise Resource Planning. Broadly speaking, ERP refers
to automation and integration of a company's core business to help them focus on effectiveness &
simplified success. ERP packages are mostly used by larger retail chains and are designed to facilitate
the administration and optimization of internal business processes across an enterprise, ERP
packages have become the competitive tool for most large retail organizations. An ERP software
uses a single database that allows the different departments to communicate with each other
through information sharing.
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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or
call us at : 08263069601
ASSIGNMENT
DRIVE WINTER
PROGRAM/SEMESTER
SUBJECT CODE & NAME
BK ID
CREDITS
MARKS
2013
MBADS â (SEM 3/SEM 5) / MBAN2 / MBAFLEX â (SEM 3) /
MK0013- MARKET RESEARCH
B 1711
4
60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q1. Explain Cross sectional Research Design, its advantages and disadvantages.
(Meaning-2, Advantages-4, Disadvantages-4) 10 marks
Answer.
Cross sectional Research
A cross-sectional study, a type of descriptive, observational study, involves measuring different
variables in the population of interest at a single point in time. This simultaneous data gathering is
often thought of as a snapshot of conditions present at that instant. Its most important application
lies in the field of epidemiology and disease research. Although it offers several advantages, such as
the ease of assessing the prevalence of diseases, a cross-sectional study nevertheless has limitations.
There are two types of Cross-sectional design.
1. Single cross-sectional design: In this, only one sample of respondents and their information is
utilised and that is used only once in a study.
2. Multiple cross-sectional designs: In this, information is captured with the help of two or more
samples of respondents. Each sampleâs information is used only for once. Though information is
collected at different times from different samples of the study.
9. Q2. What are the various fundamental properties of scales of measurement? Explain with an
example each.
(Explanation-2, Examples-8) 10 marks
Answer.
Scales of Measurement: Fundamental Properties
According to mathematical theory, a researcher can use four scaling properties in developing scales:
assignment, order, distance and origin as shown
Q3. Describe the steps involved in Hypothesis Testing.
(Explanation of the steps)10 marks
Answer.
Steps involved in Hypothesis Testing
A hypothesis should be expressed clearly employing appropriate terminology; should be testable
and limited in scope. various steps involved in hypothesis testing, which are explained below.
1. Setting-up of hypothesis: The first step is to set up the decision making process. This involves
specifying the null hypothesis (H0) and the alternative hypothesis (H).
2. Selecting a significance level: A criterion used for rejecting the null hypothesis is the significance
level. The significance level is used in hypothesis testing as follows: First, the difference between the
null hypothesis and the results of the experiment is determined. Then, assuming the null hypothesis
is true; the probability is computed and then
Q4. Explain Pearson Product Moment Correlation with the help of an example.
(Explanation-7, Example-3) 10 marks
Answer.
Pearson Product Moment Correlation
Pearson Correlation Coefficient is named after Karl Pearson who developed this correlational
method to do agricultural research. It is used to measure correlation. The symbol for the correlation
coefficient is lower case r, and it is described as the sum of the product
r=â( Zx Zy)/N
Q5. Explain Business to Business Market Research and types of market research undertaken in B2B
research.
(Meaning-4, Types-6) 10 marks
Answer.
Business Market Research
B2B research involves the investigation of any market where the targets to be examined are another
business entity or employees of a business entity.B2B market research is a more complex process
than B2C. It is very important to find out the right respondent in B2B research since they are
preoccupied and show little interest in participation.
Thus, it depends upon the skills of B2B researcher that how he âopens upâ his business clients by
encouraging them. A business researcher must also have the knowledge of developing strategies
which further helps in research findings and finally acceptable to the business clients. Professional
researchers play a significant role in the business-to-business market research. The organisations
10. normally take professional researchersâ help in cracking more business deals with the help of market
research. This further helps the organisation in taking operational and strategic business decisions.
Q6. Write short notes on:
a) Copy testing
b) Sales Analysis
(Meaning with example-5, Meaning and Benefits-5) 10 marks
Answer.
a) Copy testing
Copy testing decreases the chances of risk on brand or company image by an ineffective
advertisement.
Copy testing is generally carried out on a large scale as a quantitative research study in which the
target audience is shown the advertising. The advertisers use copy testing as a technique to check
the effectiveness of an ad after its production.
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