Nmims Best 2023 April-May Assignments-An entrepreneur has very innovative ideas to start a particular product or service on the basis of the need of his targeted audience. Does he need to have a business plan? If yes what is the procedure for the same. Justify your answer with detailed explanation.

Nmims Best 2023 April-May Assignments-An entrepreneur has very innovative ideas to start a particular product or service on the basis of the need of his targeted audience. Does he need to have a business plan? If yes what is the procedure for the same. Justify your answer with detailed explanation.
Nmims Best 2023 April-May Assignments-An entrepreneur has very innovative ideas to start a particular product or service on the basis of the need of his targeted audience. Does he need to have a business plan? If yes what is the procedure for the same. Justify your answer with detailed explanation.
 

Entrepreneurship Management

 
  1. An entrepreneur has very innovative ideas to start a particular product or service on the basis of the need of his targeted audience. Does he need to have a business plan? If yes what is the procedure for the same. Justify your answer with detailed explanation. (10 Marks)
 
  1. “Project management” is a concept that traditional entrepreneurs wouldn’t utilize. But the current era entrepreneurs give lot of importance to the same. Justify this statement by explaining phases of project management. (10 Marks)
  2. Gautam Adani started Adani group. He was born into a Jain family in Ahemdabad, Gujarat, in 1962. Gautam Adani moved to Mumbai, Maharashtra, when he was 18 years old. He worked as a diamond sorter at Mahindra Brothers in the beginning of his career. He started his own diamond trading business in Mumbai after working as a diamond sorter for 2 years.
He made a profit of 10 lakh rupees in his first year of business at a diamond brokerage, which was large sum in the 1980s. Later, he began trading commodity and began purchasing PVC for his older brother’s plastic firm.
He founded Adani enterprises in 1988. It dealt in power and agricultural products. Adani group teamed with Kargil and American MNCs, to export salt from Gujarat in 1990. After a period, the company left and the collaboration ended, living Adani group with 5000 acres of land, which is today India’s largest multi- product special economic zone. In 1991 the Government revised its rules to stimulate business, which resulted in a boom, in the Adani Group and significant profits.
In 1993, the Gujarat government decided to land private businesses at Mundra port (a sea port in Gujarat). This contract was awarded to Adani Group in 1995. Since 1995, the port has grown significantly, and it now has the capacity to handle almost 8 million tons of cargo per year, making it India’s largest private sector port. Adani predicted that once Port was operational, there would be a need for power. It began importing coal after determining the necessity. This was the start of Adani’s career in the power and energy industry.
Gautam Adani then formed Adani Power Ltd., which has a capacity of 4260 mv and is India’s largest private thermal power firm. According to Forbes 2022, Gautam Adani is the 11th Richest person in the world, with a total asset value of 90 billion dollars and 60,500 employees.
  1. Do you consider Gautam Adani an entrepreneur? Give reasons to justify your answer. (5 Marks)
 
  1. From the above case study which is the most highlighting skill of an entrepreneur? Why? (5 Marks)

Nmims Best 2023 April-May Assignments-An entrepreneur has very innovative ideas to start a particular product or service on the basis of the need of his targeted audience. Does he need to have a business plan? If yes what is the procedure for the same. Justify your answer with detailed explanation.

An entrepreneur has very innovative ideas to start a particular product or service on the basis of the need of his targeted audience. Does he need to have a business plan? If yes what is the procedure for the same. Justify your answer with detailed explanation.

Welcome to Case Study Help

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Our experts understand that the time of the customers is very precious. The professors of universities and colleges are very rigorous about the submission deadlines of projects or assignments. Hence, the key objective of our case study help service is to deliver the assignments to the customers even before the promised submission deadlines.
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NM April-May 2023 assignment help-If the risk free interest rate in the US remains the same, while the interest rate in Great Britain increases by 25 bps, how would the calculations in (a) and (b) change.

NM April-May 2023 assignment help-If the risk free interest rate in the US remains the same, while the interest rate in Great Britain increases by 25 bps, how would the calculations in (a) and (b) change.
NM April-May 2023 assignment help-If the risk free interest rate in the US remains the same, while the interest rate in Great Britain increases by 25 bps, how would the calculations in (a) and (b) change.

Business Economics

 
  1. Given that the USD-GBP sport rate is 0.82
Calculate:
  1. The 90-day forward USD-GBP exchange rate, given that the
 90-day risk free interest rate in the United States is 0.25%
 90-day risk free interest rate in Great Britain is 0.1%
  1. The 180-day forward USD-GBP exchange rate, given that the
 180-day risk free interest rate in the United States is 0.25%
 180-day risk free interest rate in Great Britain is 0.1%
  1. If the risk free interest rate in the US remains the same, while the interest rate in Great Britain increases by 25 bps, how would the calculations in (a) and (b) change. (10 Marks)
 
  1. A representative economy is described by the following parameters.
C = C0 + bYd, T = T0, I = I0
C0 = 85, I0 = 30, T0 = 20, b = 0.75.
  1. Find the equilibrium output for this economy, assuming it is a closed economy.
  1. How would this equilibrium output change if the tax structure becomes a proportional tax? New tax rule, T = 20 + 0.2Y
  2. Find the level of
 Consumption
 Tax collection (proportional tax) (10 Marks)
 
  1. Case Analysis:
  1. Detroit Inc. is a company working in the area of automobiles in the USA. They are planning to enter the Indian automobile market. They would like to study the market structure before they are going to enter the market in India. They are undertaking this study to understand the pricing power they could have in the Indian automobiles industry. Assuming you are advising them on the same, what technique would you be employing to understand the market structure? Give rationale for your choice of technique. (5 Marks)
 
  1. Assuming Indian automobile industry follows an oligopoly market with price leadership, power vested in one dominant firm, how would you advise Detroit Inc. in terms of their product placement and pricing strategy? Give a brief summary of your advice to Detroit Inc.
Hint: Advice should focus on the cooperative or non cooperative model that should be adopted by Auto Inc. based on the existing scenario in Indian automobile industry, and the reasons supporting the choice of the model. (5 Marks)

 

NM April-May 2023 assignment help-If the risk free interest rate in the US remains the same, while the interest rate in Great Britain increases by 25 bps, how would the calculations in (a) and (b) change.

If the risk free interest rate in the US remains the same, while the interest rate in Great Britain increases by 25 bps, how would the calculations in (a) and (b) change.

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We at Case Study offer all types of online academic assistance, be it homework help, coursework help, case study help, Assignment help, Project Reports, Thesis, Research paper writing help.
And for each service, each subject and each topic, we dedicate an expert writer who has knowledge in that specific field of study. Experience impeccable academic writing service like never before.
Our experts understand that the time of the customers is very precious. The professors of universities and colleges are very rigorous about the submission deadlines of projects or assignments. Hence, the key objective of our case study help service is to deliver the assignments to the customers even before the promised submission deadlines.
We keep the quality measures for all papers which mean we will provide best essays. Our editing services are also excellent. Before submitting any essays, we will check whether the papers writer well or not. The high standards of academic writing will exceed your expectations. With our quality service, we have satisfied more number of people across the world and also work with different universities in Australia, UK, USA, Dubai, Oman, etc.

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Nmims Best 2023 April-May Assignments-Which methods you can use while valuation of intangible assets

Nmims Best 2023 April-May Assignments-Which methods you can use while valuation of intangible assets
Nmims Best 2023 April-May Assignments-Which methods you can use while valuation of intangible assets

Indian Accounting Standards

 
  1. As an investor what should be your investment objective? (10 Marks)
 
  1. Which methods you can use while valuation of intangible assets? (10 Marks)
  2. a. If you a shareholder of TATA group, how segment reporting is important for you. (5 Marks)
 
  1. b. Mr. Aditya is holding 500 shares of ABC Co. Ltd. In the financial year 2022 – 2023 the company has declared that the shares will be split. What are effects of stock splits on Mr. Aditya’s earning per share? (5 Marks)

Nmims Best 2023 April-May Assignments-Which methods you can use while valuation of intangible assets

Which methods you can use while valuation of intangible assets

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We at Case Study offer all types of online academic assistance, be it homework help, coursework help, case study help, Assignment help, Project Reports, Thesis, Research paper writing help.
And for each service, each subject and each topic, we dedicate an expert writer who has knowledge in that specific field of study. Experience impeccable academic writing service like never before.
Our experts understand that the time of the customers is very precious. The professors of universities and colleges are very rigorous about the submission deadlines of projects or assignments. Hence, the key objective of our case study help service is to deliver the assignments to the customers even before the promised submission deadlines.
We keep the quality measures for all papers which mean we will provide best essays. Our editing services are also excellent. Before submitting any essays, we will check whether the papers writer well or not. The high standards of academic writing will exceed your expectations. With our quality service, we have satisfied more number of people across the world and also work with different universities in Australia, UK, USA, Dubai, Oman, etc.

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NARSEE April-May 2023 assignment help-Micro economics sets the basic foundation for economic analysis “. Elaborate the given statement highlighting the uses of micro economic theories

NARSEE April-May 2023 assignment help-Micro economics sets the basic foundation for economic analysis “. Elaborate the given statement highlighting the uses of micro economic theories
NARSEE April-May 2023 assignment help-Micro economics sets the basic foundation for economic analysis “. Elaborate the given statement highlighting the uses of micro economic theories

Micro Economics

 
  1. “Micro economics sets the basic foundation for economic analysis “. Elaborate the given statement highlighting the uses of micro economic theories? (10 Marks)
 
  1. Discuss the relationship between quantity demanded and price from the given table? Discuss why demand curve slopes downward? (10 Marks)
 
TABLE BELOW
Price (Rs) 
Quantity Demanded (Units)
100
150
200
250
300
  1. a. From the given table, calculate the price elasticity of demand. (5 Marks)
Price (Rs) 
Quantity Demanded ( Units)
25 
50
20 
100
  1. b. From the given table, calculate the price elasticity of supply. (5 Marks)
Price (Rs ) 
Quantity supplied ( Units)
50 
30
55 
35
 

NARSEE April-May 2023 assignment help-Micro economics sets the basic foundation for economic analysis “. Elaborate the given statement highlighting the uses of micro economic theories

Micro economics sets the basic foundation for economic analysis “. Elaborate the given statement highlighting the uses of micro economic theories

Welcome to Case Study Help

We at Case Study offer all types of online academic assistance, be it homework help, coursework help, case study help, Assignment help, Project Reports, Thesis, Research paper writing help.
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Our experts understand that the time of the customers is very precious. The professors of universities and colleges are very rigorous about the submission deadlines of projects or assignments. Hence, the key objective of our case study help service is to deliver the assignments to the customers even before the promised submission deadlines.
We keep the quality measures for all papers which mean we will provide best essays. Our editing services are also excellent. Before submitting any essays, we will check whether the papers writer well or not. The high standards of academic writing will exceed your expectations. With our quality service, we have satisfied more number of people across the world and also work with different universities in Australia, UK, USA, Dubai, Oman, etc.

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3RD SEM NMIMS April-May 2023 solved assignments-Marketing planning forms the cornerstone of any project formulation we should never go in for a project for which customers and their demands have not been identified.” Examine the statement and bring out strong justification of marketing planning.

3RD SEM NMIMS April-May 2023 solved assignments-Marketing planning forms the cornerstone of any project formulation we should never go in for a project for which customers and their demands have not been identified.” Examine the statement and bring out strong justification of marketing planning.
3RD SEM NMIMS April-May 2023 solved assignments-Marketing planning forms the cornerstone of any project formulation we should never go in for a project for which customers and their demands have not been identified.” Examine the statement and bring out strong justification of marketing planning.

Monitoring and Controlling Projects

 
  1. “Marketing planning forms the cornerstone of any project formulation we should never go in for a project for which customers and their demands have not been identified.” Examine the statement and bring out strong justification of marketing planning. (10 Marks)
 
  1. Project Life Cycle should form the basis of formulating strategy for its implementation – usually, termination phase is of shorter duration and any failure in mustering adequate resources during execution phase will inevitably lead to delays in completion. What would be your strategy for completing the project on time? (10 Marks)
 
  1. a. What are the traditional methods of financial evaluation of the projects? Why are they considered deficient? (5 Marks)
 
  1. b. What is Internal Rate of Return? Describe the method by giving details of a problem you are familiar with. (5 Marks)

3RD SEM NMIMS April-May 2023 solved assignments-Marketing planning forms the cornerstone of any project formulation we should never go in for a project for which customers and their demands have not been identified.” Examine the statement and bring out strong justification of marketing planning.

Marketing planning forms the cornerstone of any project formulation we should never go in for a project for which customers and their demands have not been identified.” Examine the statement and bring out strong justification of marketing planning.

Welcome to Case Study Help

We at Case Study offer all types of online academic assistance, be it homework help, coursework help, case study help, Assignment help, Project Reports, Thesis, Research paper writing help.
And for each service, each subject and each topic, we dedicate an expert writer who has knowledge in that specific field of study. Experience impeccable academic writing service like never before.
Our experts understand that the time of the customers is very precious. The professors of universities and colleges are very rigorous about the submission deadlines of projects or assignments. Hence, the key objective of our case study help service is to deliver the assignments to the customers even before the promised submission deadlines.
We keep the quality measures for all papers which mean we will provide best essays. Our editing services are also excellent. Before submitting any essays, we will check whether the papers writer well or not. The high standards of academic writing will exceed your expectations. With our quality service, we have satisfied more number of people across the world and also work with different universities in Australia, UK, USA, Dubai, Oman, etc.

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April-May 2023 NM solved assignments-IRCT Ltd Tourism Company running business from last ten years and have many good clients. Company also operated offices in multiple cities. But due to COVID 19 Company faced lots of challenges.

April-May 2023 NM solved assignments-IRCT Ltd Tourism Company running business from last ten years and have many good clients. Company also operated offices in multiple cities. But due to COVID 19 Company faced lots of challenges.
April-May 2023 NM solved assignments-IRCT Ltd Tourism Company running business from last ten years and have many good clients. Company also operated offices in multiple cities. But due to COVID 19 Company faced lots of challenges.

Operations and Supply Chain Strategies

 
  1. Mr. Shah is supply chain manager at NMart one of the leading retail organization. In the initial days of COVID 19 there was sudden rise in demand of FMCG products. It was different kind of the disruption for the retail industry. In such scenario every business required some competitive edge to sustain in market. Discuss different supply chain drivers with Mr. Shah that ultimately helps NMart to enables entire supply chain. (10 Marks)
 
  1. Mr. Mittal was working with reputed tuition classes and having rich experience in teaching. One day innovative idea came to his mind to start online classes. This idea will give Mr. Mittal more students and better geographic reach. Suddenly he left the job and started his online classes business. He struggles a lot in initial days of business but later he manages his business in break even. Explain existing situation of online learning classes with respected to industry life cycle. (10 Marks)
 
  1. IRCT Ltd Tourism Company running business from last ten years and have many good clients. Company also operated offices in multiple cities. But due to COVID 19 Company faced lots of challenges. Because of such pandemic situation people were not traveling and not using any of company’s service. At the same time company was not able to generate revenue and not able provide salaries to employees.
  1. You are appointed as business consultant in the organization. Suggest some corporate level strategies that ultimately help them. (5 Marks)
 
  1. Should company use retrenchment strategy or not? Discuss (5 Marks)

April-May 2023 NM solved assignments-IRCT Ltd Tourism Company running business from last ten years and have many good clients. Company also operated offices in multiple cities. But due to COVID 19 Company faced lots of challenges.

IRCT Ltd Tourism Company running business from last ten years and have many good clients. Company also operated offices in multiple cities. But due to COVID 19 Company faced lots of challenges.

Welcome to Case Study Help

We at Case Study offer all types of online academic assistance, be it homework help, coursework help, case study help, Assignment help, Project Reports, Thesis, Research paper writing help.
And for each service, each subject and each topic, we dedicate an expert writer who has knowledge in that specific field of study. Experience impeccable academic writing service like never before.
Our experts understand that the time of the customers is very precious. The professors of universities and colleges are very rigorous about the submission deadlines of projects or assignments. Hence, the key objective of our case study help service is to deliver the assignments to the customers even before the promised submission deadlines.
We keep the quality measures for all papers which mean we will provide best essays. Our editing services are also excellent. Before submitting any essays, we will check whether the papers writer well or not. The high standards of academic writing will exceed your expectations. With our quality service, we have satisfied more number of people across the world and also work with different universities in Australia, UK, USA, Dubai, Oman, etc.

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Assignment help April/May 2023 NMIMS-Mr. Mittal was working with reputed tuition classes and having rich experience in teaching. One day innovative idea came to his mind to start online classes. This idea will give Mr. Mittal more students and better geographic reach.

Assignment help April/May 2023 NMIMS-Mr. Mittal was working with reputed tuition classes and having rich experience in teaching. One day innovative idea came to his mind to start online classes. This idea will give Mr. Mittal more students and better geographic reach.
Assignment help April/May 2023 NMIMS-Mr. Mittal was working with reputed tuition classes and having rich experience in teaching. One day innovative idea came to his mind to start online classes. This idea will give Mr. Mittal more students and better geographic reach.

Operations and Supply Chain Strategies

 
  1. Mr. Shah is supply chain manager at NMart one of the leading retail organization. In the initial days of COVID 19 there was sudden rise in demand of FMCG products. It was different kind of the disruption for the retail industry. In such scenario every business required some competitive edge to sustain in market. Discuss different supply chain drivers with Mr. Shah that ultimately helps NMart to enables entire supply chain. (10 Marks)
 
  1. Mr. Mittal was working with reputed tuition classes and having rich experience in teaching. One day innovative idea came to his mind to start online classes. This idea will give Mr. Mittal more students and better geographic reach. Suddenly he left the job and started his online classes business. He struggles a lot in initial days of business but later he manages his business in break even. Explain existing situation of online learning classes with respected to industry life cycle. (10 Marks)
 
  1. IRCT Ltd Tourism Company running business from last ten years and have many good clients. Company also operated offices in multiple cities. But due to COVID 19 Company faced lots of challenges. Because of such pandemic situation people were not traveling and not using any of company’s service. At the same time company was not able to generate revenue and not able provide salaries to employees.
  1. You are appointed as business consultant in the organization. Suggest some corporate level strategies that ultimately help them. (5 Marks)
 
  1. Should company use retrenchment strategy or not? Discuss (5 Marks)

Assignment help April/May 2023 NMIMS-Mr. Mittal was working with reputed tuition classes and having rich experience in teaching. One day innovative idea came to his mind to start online classes. This idea will give Mr. Mittal more students and better geographic reach.

Your client wants to invest in Mutual Funds that rebalance the portfolio between equity and debt. Explain how it could be beneficial for your client to invest in such funds.

Welcome to Case Study Help

We at Case Study offer all types of online academic assistance, be it homework help, coursework help, case study help, Assignment help, Project Reports, Thesis, Research paper writing help.
And for each service, each subject and each topic, we dedicate an expert writer who has knowledge in that specific field of study. Experience impeccable academic writing service like never before.
Our experts understand that the time of the customers is very precious. The professors of universities and colleges are very rigorous about the submission deadlines of projects or assignments. Hence, the key objective of our case study help service is to deliver the assignments to the customers even before the promised submission deadlines.
We keep the quality measures for all papers which mean we will provide best essays. Our editing services are also excellent. Before submitting any essays, we will check whether the papers writer well or not. The high standards of academic writing will exceed your expectations. With our quality service, we have satisfied more number of people across the world and also work with different universities in Australia, UK, USA, Dubai, Oman, etc.

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NM April-May 2023 assignment help-As an event manager, you have to organize a conference with more than 100 guests. Prepare the project charter and a project detailed project budget.

NM April-May 2023 assignment help-As an event manager, you have to organize a conference with more than 100 guests. Prepare the project charter and a project detailed project budget.
NM April-May 2023 assignment help-As an event manager, you have to organize a conference with more than 100 guests. Prepare the project charter and a project detailed project budget.

Project Management

 
  1. As an event manager, you have to organize a conference with more than 100 guests. Prepare the project charter and a project detailed project budget. (10 Marks)
 
  1. To complete the same conference successfully, note down the strategies to be applied in different phases of the project life cycle, considering the triple constraint. (10 Marks)
 
  1. As an accountable project manager for the same conference, you may have to contract out some parts from a third party for successful completion.
  1. Create a work break down structure (5 Marks)
 
  1. Suggest the contract type to be useful for different work packages with corresponding reasons. (5 Marks)

NM April-May 2023 assignment help-As an event manager, you have to organize a conference with more than 100 guests. Prepare the project charter and a project detailed project budget.

As an event manager, you have to organize a conference with more than 100 guests. Prepare the project charter and a project detailed project budget.

Welcome to Case Study Help

We at Case Study offer all types of online academic assistance, be it homework help, coursework help, case study help, Assignment help, Project Reports, Thesis, Research paper writing help.
And for each service, each subject and each topic, we dedicate an expert writer who has knowledge in that specific field of study. Experience impeccable academic writing service like never before.
Our experts understand that the time of the customers is very precious. The professors of universities and colleges are very rigorous about the submission deadlines of projects or assignments. Hence, the key objective of our case study help service is to deliver the assignments to the customers even before the promised submission deadlines.
We keep the quality measures for all papers which mean we will provide best essays. Our editing services are also excellent. Before submitting any essays, we will check whether the papers writer well or not. The high standards of academic writing will exceed your expectations. With our quality service, we have satisfied more number of people across the world and also work with different universities in Australia, UK, USA, Dubai, Oman, etc.

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NMIMS April-May 2023 ready assignments-Identify 5 home stays and enlist their experience with such stays , problems faced and expectations.

NMIMS April-May 2023 ready assignments-Identify 5 home stays and enlist their experience with such stays , problems faced and expectations.
NMIMS April-May 2023 ready assignments-Identify 5 home stays and enlist their experience with such stays , problems faced and expectations.

Solved NMIMS April-May 2023 MBA assignments-Which type of research is used for identifying the problems in a business where no prior information is available? Dove is launching a new shampoo for kids, develop a research methodology to identify the opportunities from market.

Solved NMIMS April-May 2023 MBA assignments-Which type of research is used for identifying the problems in a business where no prior information is available? Dove is launching a new shampoo for kids, develop a research methodology to identify the opportunities from market.

Research Methodology

 

  1. Which type of research is used for identifying the problems in a business where no prior information is available? Dove is launching a new shampoo for kids, develop a research methodology to identify the opportunities from market. (10 Marks)

 

  1. Literature review provides an insight into the past studies and elaborates on the work done in a particular area. Conduct a literature review using 8-10 research papers on your area of interest. (10 Marks)

 

  1. Airbnb has provided an opportunity to local people to earn by providing guest hosting facilities. This is a two-way benefit: first, it provides raw experience about culture and village lifestyle to consumer and second, it provides income to host. With new government, policy of 50% allows work from home, many business professionals are choosing to ‘work from the himalayas’. Airbnb wants to understand specific customer requirements for such niche market. Also, it needs to understand the hosts perspective on such change.
  1. Develop a detailed questionnaire to survey the consumer for understanding their needs. (5 Marks)

 

  1. Identify 5 home stays and enlist their experience with such stays , problems faced and expectations. (5 Marks)

NMIMS April-May 2023 ready assignments-Identify 5 home stays and enlist their experience with such stays , problems faced and expectations.

Identify 5 home stays and enlist their experience with such stays , problems faced and expectations.

Welcome to Case Study Help

We at Case Study offer all types of online academic assistance, be it homework help, coursework help, case study help, Assignment help, Project Reports, Thesis, Research paper writing help.
And for each service, each subject and each topic, we dedicate an expert writer who has knowledge in that specific field of study. Experience impeccable academic writing service like never before.
Our experts understand that the time of the customers is very precious. The professors of universities and colleges are very rigorous about the submission deadlines of projects or assignments. Hence, the key objective of our case study help service is to deliver the assignments to the customers even before the promised submission deadlines.
We keep the quality measures for all papers which mean we will provide best essays. Our editing services are also excellent. Before submitting any essays, we will check whether the papers writer well or not. The high standards of academic writing will exceed your expectations. With our quality service, we have satisfied more number of people across the world and also work with different universities in Australia, UK, USA, Dubai, Oman, etc.

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NM April-May 2023 assignment help-Life Insurance Corporation of India popularly known as LIC is an Indian state-owned insurance group and investment company having its headquarters in Mumbai. With over 66 years in the insurance business, LIC brings a wealth of expertise, professionalism, and financial base into the Indian Insurance Market.

NM April-May 2023 assignment help-Life Insurance Corporation of India popularly known as LIC is an Indian state-owned insurance group and investment company having its headquarters in Mumbai. With over 66 years in the insurance business, LIC brings a wealth of expertise, professionalism, and financial base into the Indian Insurance Market.
NM April-May 2023 assignment help-Life Insurance Corporation of India popularly known as LIC is an Indian state-owned insurance group and investment company having its headquarters in Mumbai. With over 66 years in the insurance business, LIC brings a wealth of expertise, professionalism, and financial base into the Indian Insurance Market.

Sales Management

 

  1. Vinita Singh the founder of Sugar Cosmetics has plans to launch a new cosmetic range during the festive season of Dussehra and Diwali. Tushar Dalvi, the National Sales manager who reports to Ms. Singh has to prepare the sales budget and sales target to present it to Ms. Singh for her final approval. Help Mr. Dalvi in preparing the sales budget and sales target keeping in mind the demographics of the market. (10 Marks)

 

  1. Mr. Rajeev Khandelwal is the territory manager of an EdTech startup. This Edtech forecasts growth of 12% CAGR for the next 5 years. Mr. Khandelwal needs to hire more sales managers and sales executives to meet the sales target. List and explain the skills and competencies needed in a great sales manager and sales executive. What according to you is the must-have skill to become a successful sales manager? (10 Marks)

 

  1. Life Insurance Corporation of India popularly known as LIC is an Indian state-owned insurance group and investment company having its headquarters in Mumbai. With over 66 years in the insurance business, LIC brings a wealth of expertise, professionalism, and financial base into the Indian Insurance Market. Some of the services that LIC offers include Insurance Plans, Pension Plans, Unit linked plans, Micro Insurance plans, and Health plans.

LIC uses motivation tools like promotion, recognition, and commissions to keep the LIC employee and agents happy and motivated, however still faces a challenge in situations where the company fails to motivate employees and sales agents resulting in delayed settlement claims, and low customer service by sales agents. It was found that the attrition at top level was 8-10%, at the middle management level 15-20% and entry-level was 20-25%.

Compensation policy and Low motivation were found to be the major reasons for employee attrition. High employee attrition resulted in less trained employees B leading to higher customer dissatisfaction and customer attrition.

A customer relationship management tool was introduced for customer awareness, a better understanding of the needs of the customer, customer engagement, and customer retention.

  1. What are the various types of sales compensation that LIC can provide to its employee and sales agents that will lead to low employee attrition? (5 Marks)

 

b. Do you think introducing CRM in the organization

NM April-May 2023 assignment help-Life Insurance Corporation of India popularly known as LIC is an Indian state-owned insurance group and investment company having its headquarters in Mumbai. With over 66 years in the insurance business, LIC brings a wealth of expertise, professionalism, and financial base into the Indian Insurance Market.

Life Insurance Corporation of India popularly known as LIC is an Indian state-owned insurance group and investment company having its headquarters in Mumbai. With over 66 years in the insurance business, LIC brings a wealth of expertise, professionalism, and financial base into the Indian Insurance Market.

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