Assignment help April/May 2023 NMIMS-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

Assignment help April/May 2023 NMIMS-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
Assignment help April/May 2023 NMIMS-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

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

Assignment help April/May 2023 NMIMS-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

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

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Solved NMIMS April-May 2023 MBA assignments-Startup entrepreneurs should remain students for lifetime. They should be ready and yearn to learn from every moment of life. The basic elements of life need to be associated with learning. The learning process should be a part of our DNA. Considering the fact

Solved NMIMS April-May 2023 MBA assignments-Startup entrepreneurs should remain students for lifetime. They should be ready and yearn to learn from every moment of life. The basic elements of life need to be associated with learning. The learning process should be a part of our DNA. Considering the fact
Solved NMIMS April-May 2023 MBA assignments-Startup entrepreneurs should remain students for lifetime. They should be ready and yearn to learn from every moment of life. The basic elements of life need to be associated with learning. The learning process should be a part of our DNA. Considering the fact

Start your Start up

  1. Startup entrepreneurs should remain students for lifetime. They should be ready and yearn to learn from every moment of life. The basic elements of life need to be associated with learning. The learning process should be a part of our DNA. Considering the fact, the first stage in the journey of the startup is called as Bootstrapping. Bring out the reasons and causes that why would every startup consider having bootstrap? (10 Marks)
 
  1. “Failure is not the opposite of success, its part of success.” Considering the fact brings out the reasons according to you, why do the startups fail? (10 Marks)
 
  1. “Business is no accident. It is made up of combination of hardwork, perseverance,
Learning, studying, sacrifice & most of all love of what you are doing.”
  1. For any business, the lifeline is considered as Money. Considering the fact, identify the different tactics start-ups can utilize for raising capital? Also, if you were supposed to start your own startup, which technique you would adapt? (5 Marks)
 
  1. It is said, a person must invest when he has spare money, however when we have goals investment makes absolutely logical sense. Associating with the situation, identify the factors that affect investor’s interest? (5 Marks)

 

Solved NMIMS April-May 2023 MBA assignments-Startup entrepreneurs should remain students for lifetime. They should be ready and yearn to learn from every moment of life. The basic elements of life need to be associated with learning. The learning process should be a part of our DNA. Considering the fact 
Startup entrepreneurs should remain students for lifetime. They should be ready and yearn to learn from every moment of life. The basic elements of life need to be associated with learning. The learning process should be a part of our DNA. Considering the fact

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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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After COVID 19, there is an increase in the customer base of insurance buyers, being Sales Manager of Max Life Insurance you have to conduct several seminars on the purpose, needs, and benefits of Insurance using real-life examples to convert customers

After COVID 19, there is an increase in the customer base of insurance buyers, being Sales Manager of Max Life Insurance you have to conduct several seminars on the purpose, needs, and benefits of Insurance using real-life examples to convert customers
After COVID 19, there is an increase in the customer base of insurance buyers, being Sales Manager of Max Life Insurance you have to conduct several seminars on the purpose, needs, and benefits of Insurance using real-life examples to convert customers

Tax Insurance and Retirement Planning

 
  1. After COVID 19, there is an increase in the customer base of insurance buyers, being Sales Manager of Max Life Insurance you have to conduct several seminars on the purpose, needs, and benefits of Insurance using real-life examples to convert customers, also explain the different kinds of Life Insurance products available in the market. (10 Marks)
 
  1. Being a portfolio manager, what risk mitigation strategies you would adopt to avert the risk of securities? (10 Marks)
 
  1. Mr. Murli wants his daughter to go to Harvard University for a Masters in BDS, with a tuition fee of 30 lakh rupees due at the time of admission. His daughter just started graduation and will graduate in four years. Murli plans to invest in securities that provide a return of 12% per year, so he can receive 30 lakh rupees after four years. Kindly suggest what amount Murli should invest in mutual funds right now, so he should receive 30 lakh after four years.
  1. What amount should Murli should invest today? (5 Marks)
 
  1. Suggest which type of life insurance policy should be purchased by Murli for his daughter. (5 Marks)

After COVID 19, there is an increase in the customer base of insurance buyers, being Sales Manager of Max Life Insurance you have to conduct several seminars on the purpose, needs, and benefits of Insurance using real-life examples to convert customers


After COVID 19, there is an increase in the customer base of insurance buyers, being Sales Manager of Max Life Insurance you have to conduct several seminars on the purpose, needs, and benefits of Insurance using real-life examples to convert customers

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 MBA assignments-Mr. Shah is the warehouse manager at the pharmacy warehouse for the last 10 years and he is thinking to expand the warehouse. The company is facing challenges in the storage of products.

NMIMS April-May 2023 MBA assignments-Mr. Shah is the warehouse manager at the pharmacy warehouse for the last 10 years and he is thinking to expand the warehouse. The company is facing challenges in the storage of products.
NMIMS April-May 2023 MBA assignments-Mr. Shah is the warehouse manager at the pharmacy warehouse for the last 10 years and he is thinking to expand the warehouse. The company is facing challenges in the storage of products.

Warehouse Management

 
  1. You are appointed as a warehouse consultant for a retail firm. To get a competitive advantage in the supply chain, the top management of the firm is planning to expand the existing warehouse. A suitable warehouse benefits the firm to increase efficiency and revenue. Advise the firm on various important factors while selecting the location of the warehouse. (10 Marks)
 
  1. Mr. Shah is the warehouse manager at the pharmacy warehouse for the last 10 years and he is thinking to expand the warehouse. The company is facing challenges in the storage of products. There are many criteria in the selection of a warehouse storage system such as size, weight, nature of the stock, etc. Advise Mr. Shah on a different storage system for the firm that enhances performance. (10 Marks)
 
  1. Consider above mention scenario (check Q2) and share your opinion on the below:
  1. Can Mr. Shah implement a warehouse management system? Explain in detail. (5 Marks)
 
  1. Suggest some of the warehouse design criteria to Mr. Shah that must include in warehouse management. (5 Marks)

NMIMS April-May 2023 MBA assignments-Mr. Shah is the warehouse manager at the pharmacy warehouse for the last 10 years and he is thinking to expand the warehouse. The company is facing challenges in the storage of products.

 

Mr. Shah is the warehouse manager at the pharmacy warehouse for the last 10 years and he is thinking to expand the warehouse. The company is facing challenges in the storage of products.

 

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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