Self Studies

Dicision Making...

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  • Question 1
    4 / -1

    Kings Distillery Ltd. was a leading manufacturer of alcohol related beverages in the late 1990s and early 2000s. Over the past few years, it has seen a 40% erosion in its business, yet its stock prices have gone by around 30% in the same time period. A lot of analysts are baffled as they believe that the stock should have gone down as the sales have gone down for the company.

    Which one of the following options explains this apparent dichotomy in the behavior of the company stock?

     

  • Question 2
    4 / -1

    Directions For Questions

    The sales managers of Gluco-pharmaceuticals face a peculiar problem. In the past, they were tasked with handling the sales, marketing and branding portions of the business. The sales managers had no role in the day to day operations of the company and were not involved in the logistics and transportation side of the business. But in the recent times, the management of the company has changed and now the new management wishes to introduce new cost cutting measures. The sales team has also been asked to handle the logistics and transportation side of the business, which essentially means the delivery of goods (once produced in the factories) to various vendors. The sales managers see this as additional burden and feel that their on the job performance will be impacted by these measures. The management, on the other hand, believes that these measures would improve the overall profitability of the company, and they have linked the performance bonus of the sales team with their efforts on ground. This has created a lot of tensions in the sales team as they feel they are unnecessarily being placed under pressure and are being forced to take up additional responsibilities.

    ...view full instructions

    In the given situation, what should the sales managers do?

  • Question 3
    4 / -1

    Directions For Questions

    The sales managers of Gluco-pharmaceuticals face a peculiar problem. In the past, they were tasked with handling the sales, marketing and branding portions of the business. The sales managers had no role in the day to day operations of the company and were not involved in the logistics and transportation side of the business. But in the recent times, the management of the company has changed and now the new management wishes to introduce new cost cutting measures. The sales team has also been asked to handle the logistics and transportation side of the business, which essentially means the delivery of goods (once produced in the factories) to various vendors. The sales managers see this as additional burden and feel that their on the job performance will be impacted by these measures. The management, on the other hand, believes that these measures would improve the overall profitability of the company, and they have linked the performance bonus of the sales team with their efforts on ground. This has created a lot of tensions in the sales team as they feel they are unnecessarily being placed under pressure and are being forced to take up additional responsibilities.

    ...view full instructions

    The sales managers have to refused to take up their new responsibilities despite the repeated attempts of the management to make them understand their point of view. What should the management do in this case?

     

  • Question 4
    4 / -1

    According to recent report, the majority of jobs in the government sector in India do not have strong accountability clauses. For majority of the posts, the seniority in rank determines the pay of an individual and not the work done by that person. This means that there is no reason for the person to perform to the best of his abilities as his growth is already guaranteed by the number of years he puts in the job.

    Which one of the following statements will disprove the claim made in the argument above?

     

  • Question 5
    4 / -1

    You are currently operating a project that has 6 teams in it. 3 out of those 6 teams are performing well and are working on schedule. The remaining 3 teams are not performing on time, and are in danger of impacting the overall project deadline. For the whole project to be completed on time, you need to make sure that all teams perform on time. Which, out of the following, should be taken up by you to make sure the project is completed on time?

  • Question 6
    4 / -1

    Directions For Questions

    Mahesh Industries is currently undergoing a change of guard. The company has been in the machine screw manufacturing business for the last 20 years, and was run by Mahesh Singhania. Last year, Mahesh Singhania's son Suresh joined the company business after completing his education from the United States. The last one year has been the year of upheavals for the company and Suresh has brought in a quite a few radical changes in the family run business. For starters, he changed the existing management processes of the company and installed a new computerized ERP program that took care of all inventory, accounts and operation management. What this ERP system effectively did was to reduce the manpower by half required for the management of these processes. The next step he took was the modernization of the plant and this has also meant that the manpower requirement of the plant has gone down considerably, and overall productivity has increased. Despite these positive changes, there have been a host of issues that have come up in the last one year. The most significant of these has been that overall 30% of the employees of Mahesh Industries stand to lose their jobs because of these changes. Since majority of these have been associated with the company for a fairly substantial period of time, Mahesh Singhania has found it very tough to let go of these people. Also, there is tremendous employee unrest in the company, and in the last three weeks, the productivity of the refurbished plant has gone down by more 50% as employees are refusing to take orders from Suresh Singhania. Also, they want all the old employees of the company should be offered job protection and security.

    ...view full instructions

    In the given situation, the following options exist for Mahesh Singhania:

     

    I. He should ask his son to take a back seat for some time and handle the company affairs for some time himself.

    II. He should remove his son from active management and roll back the changes.

    III. He should provide the old employees the job security they ask for.

    IV. He should stop the modernization of the plant.

    How many of the above options should Mahesh Singhania exercise?

     

  • Question 7
    4 / -1

    Directions For Questions

    Mahesh Industries is currently undergoing a change of guard. The company has been in the machine screw manufacturing business for the last 20 years, and was run by Mahesh Singhania. Last year, Mahesh Singhania's son Suresh joined the company business after completing his education from the United States. The last one year has been the year of upheavals for the company and Suresh has brought in a quite a few radical changes in the family run business. For starters, he changed the existing management processes of the company and installed a new computerized ERP program that took care of all inventory, accounts and operation management. What this ERP system effectively did was to reduce the manpower by half required for the management of these processes. The next step he took was the modernization of the plant and this has also meant that the manpower requirement of the plant has gone down considerably, and overall productivity has increased. Despite these positive changes, there have been a host of issues that have come up in the last one year. The most significant of these has been that overall 30% of the employees of Mahesh Industries stand to lose their jobs because of these changes. Since majority of these have been associated with the company for a fairly substantial period of time, Mahesh Singhania has found it very tough to let go of these people. Also, there is tremendous employee unrest in the company, and in the last three weeks, the productivity of the refurbished plant has gone down by more 50% as employees are refusing to take orders from Suresh Singhania. Also, they want all the old employees of the company should be offered job protection and security.

    ...view full instructions

    In the given case, the Singhania's need to:

     

  • Question 8
    4 / -1

    Directions For Questions

    Mahesh Industries is currently undergoing a change of guard. The company has been in the machine screw manufacturing business for the last 20 years, and was run by Mahesh Singhania. Last year, Mahesh Singhania's son Suresh joined the company business after completing his education from the United States. The last one year has been the year of upheavals for the company and Suresh has brought in a quite a few radical changes in the family run business. For starters, he changed the existing management processes of the company and installed a new computerized ERP program that took care of all inventory, accounts and operation management. What this ERP system effectively did was to reduce the manpower by half required for the management of these processes. The next step he took was the modernization of the plant and this has also meant that the manpower requirement of the plant has gone down considerably, and overall productivity has increased. Despite these positive changes, there have been a host of issues that have come up in the last one year. The most significant of these has been that overall 30% of the employees of Mahesh Industries stand to lose their jobs because of these changes. Since majority of these have been associated with the company for a fairly substantial period of time, Mahesh Singhania has found it very tough to let go of these people. Also, there is tremendous employee unrest in the company, and in the last three weeks, the productivity of the refurbished plant has gone down by more 50% as employees are refusing to take orders from Suresh Singhania. Also, they want all the old employees of the company should be offered job protection and security.

    ...view full instructions

    One possible solution that can be adopted by the Singhania's is:

  • Question 9
    4 / -1

    You are an office in the police force and are an acting DSP, Traffic Police, Chandigarh. Recently, you have been surrounded by controversies. It all started when you 'challan-ed' a High Court Judge. Three days after the challan, you were transferred from your post to another department. The local media has picked up on the news and is highlighting it significantly in the local newspapers. What should you do in the given situation?

  • Question 10
    4 / -1

    In your housing society, some people of a certain community were celebrating their festival in a noisy manner. Some people of other communities objected to this style of celebrations and wanted the members of the particular community to tone down their celebrations. The community objected quoting that they never objected to the celebrations of others. This lead to a heated discussion between the two communities, and in the middle of this, someone threw some stones on the members of the particular community. The situation has grown very tense and physical violence including a riot can be expected in the given situation. You are observing this situation develop from your balcony. What should you do?

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