Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 35 views

    Assignment

    Uploaded by

    Juby Johnson
    The document discusses 14 topics related to business including motivation theories, decision making models, product lifecycles, marketing mix variables, recruitment, training, financial management, shares, corporate social responsibility, real estate property sales strategies, steel production options, and sequential investment options. For each topic, the key details, considerations, and necessary analyses are outlined.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Assignment

    Uploaded by

    Juby Johnson
    35 views2 pages
    The document discusses 14 topics related to business including motivation theories, decision making models, product lifecycles, marketing mix variables, recruitment, training, financial management, shares, corporate social responsibility, real estate property sales strategies, steel production options, and sequential investment options. For each topic, the key details, considerations, and necessary analyses are outlined.

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses 14 topics related to business including motivation theories, decision making models, product lifecycles, marketing mix variables, recruitment, training, financial management, shares, corporate social responsibility, real estate property sales strategies, steel production options, and sequential investment options. For each topic, the key details, considerations, and necessary analyses are outlined.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    35 views2 pages

    Assignment

    Uploaded by

    Juby Johnson
    The document discusses 14 topics related to business including motivation theories, decision making models, product lifecycles, marketing mix variables, recruitment, training, financial management, shares, corporate social responsibility, real estate property sales strategies, steel production options, and sequential investment options. For each topic, the key details, considerations, and necessary analyses are outlined.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 2

    Assignment

    Write a note on
    1. Motivation Theories
    a. Aldefer’s ERG theory
    b. Hezberg’s theory of motivation
    c. Vroom Expectancy theory
    d. Equity theory
    e. Goal setting theory
    2. Models of Decision making: Economic man model, Bounded rationality model and
    Gamesman model (with flow diagrams)
    3. Characteristics of Decision making
    4. Operations system and Operations sub-system with flow diagram
    5. Product Life cycle
    6. Marketing mix variables
    7. Recruitment - Selection (process and types)
    8. Methods of training
    9. Financial management - Institutes funding financial support
    10. Shares and debentures
    11. Corporate social responsibility

    12. A client asks an estate agent to sell three properties, A, B, and C, for him and agrees to
    pay him 5% commission on each sale. He specifies certain conditions. The estate agent
    must sell property A first, and this he must do within 60 days. If and when A is sold,
    the agent receives his 5% commission on that sale. He can either back out at this stage
    or nominate and try to sell one of the remaining two properties within 60 days. If he
    does not succeed in selling the nominated property in that period, he is not given the
    opportunity to sell other. If he does sell it in the period, he is given the opportunity to
    sell the third property on the same conditions. The following table summarizes the
    prices, selling costs (incurred by the estate agent whenever a sale is made), and the
    estate agent’s estimated probability of making a sale.

    Property Prices of Selling cost Probability


    property (Rs.) (Rs.) of sale

    A 12000 400 0.7

    B 25000 225 0.6

    C 50000 450 0.5


    Draw up an appropriate decision tree for the estate agent. What is the estate agent’s
    best strategy under the EMV approach?

    13. A large steel manufacturing company has three options with regard to production: (i)
    produce commercially (ii) build pilot plants (iii) stop producing steel. The management
    has estimated that their pilot plant, if built, has 0.8 chance of high yield and 0.2 chance
    of low yield. If the pilot plant does show a high yield, management assigns a probability
    of 0.75 that the commercial plant will also have a high yield. If the pilot plant shows a
    low yield, there is only a 0.1 chance that the commercial plant will show a high yield.
    Finally, management’s best assessment of the yield on a commercial-size plant without
    building a pilot plant first has a 0.6 chance of high yield. A pilot plant will cost rupees
    3,00,000. The profits earned under high and low yield conditions are Rs.1,20,00,000
    and Rs.(-12,00,000), respectively. Find the optimum decision for the company using
    decision tree analysis.
    14. A businessman has two independent investments, A and B, available to him, but he
    lacks the capital to undertake both of them simultaneously. He can choose to take A
    first and then stop, or if A is successful then take B, or viceverca. The probability of
    success on A is 0.7, while for B it is 0.4. Both investments require an initial capital
    outlay of Rs. 2000, and both return nothing if the venture is unsuccessful. Successful
    completion of A will return Rs. 3000 (over cost), successful completion of B will return
    Rs.5000(over cost). Draw the decision tree and determine the best strategy.

    You might also like