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Monday 20 June 2016

SMU Spring 2016 Assignments: Contact us for answers at assignmentssolution@gmail.com

ASSIGNMENT
DRIVE  SPRING 2016
PROGRAM  Master of Business Administration - MBA
SEMESTER  III
SUBJECT CODE &
NAME
ML0010
Warehousing & Supply Chain Management
BK ID  B1761
CREDITS &
MARKS
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.
Q.No  Questions  Marks  Total Marks
1
What do you understand by supply chain management? What is its significance
for the modern trade and enterprise?
By  supply  chain  management,  we  mean  the
systematic  and  strategic  coordination  in  the
linkages  of  the  chain,  which  functions
competently  to  bring  about  customer
satisfaction  at  the  delivery’s  end  and  further
use  of  the  product  and  services  by  the
company.
10 10
2
With suitable examples, differentiate between basic and value-added services.
Basic  customer  service  is  the  service
rendering  on  which  a  firm  builds  its
fundamental business relationships.
10 10
3
How do the metrics improve logistics operations in a supply chain?
Supply  chain  management  requires
management  of  complex  dependencies
between  teams,  departments  and  partner
companies across international boundaries. It
is  a  natural  area  for  metrics.  There  are
hundreds of metrics that can be used to score
supply chain management performance.
10 10
4
Discuss briefly the issues that affect strategic fit.
It is very easy to have an effective strategic fit
in place when a firm targets a single customer
segment.
10  10
5
Describe the distinctive features of the operational decisions in manufacturing,
supply and logistics.
Operational  decisions  are  formulated  on  a
day-to-day basis to facilitate the efficient flow
of materials in the supply chain. There are the
many  types  of  operational  decisions  having
critical effects on the supply chain.
10 10
6
Analyse the role of information technology in finding the most suitable sourcing
decisions in supply chains.
The  sourcing  software  arena  set  up  a
multitude  of  electronic  marketplaces  in  the
late  1990s  with  a  view  of  transforming  the
purchase of goods and services.
10 10
ASSIGNMENT
DRIVE  SPRING 2016
PROGRAM  Master of Business Administration - MBA
SEMESTER  III
SUBJECT CODE &
NAME
ML0011
Buying & Merchandising
BK ID  B1762
CREDITS &
MARKS
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.
Q.No  Questions
Marks
Total
Marks
1
Why is merchandise assortment planning important for a retailer?
What can happen without it?
Planning  merchandise  assortment  is  a  significant  part  of  a
retailer’s  functional  duties.  The  customer  will  not  buy  if  the
assortments are not correct as per his/her requirement. Example
Style, color, price, size etc.
10 10
2
Enumerate the category management strategies that are used by retailers to
ensure a smooth category management process.
The following are the seven widely applied category management
strategies: traffic building.
10 10
3
Discuss the concept of open-to-buy system. How do you calculate open-to-buy
for the past and current period?
Open-to-buy system is a system of monitoring merchandise flow in
order to determine how much money was spent on merchandise
and how much balance there is to spend.
10 10
4
Discuss the role of organizational breadth to track a retail store’s central buying
functions.
Retail  store  organizational  breadth  is  a  measurement  that  tracks
the store’s central business functions as affected by a system in
practice.  Therefore,  selection  must  be  made  between  a  general
buying organization and a specialized one.
10  10
5
List some of the ethical issues involved in merchandise buying.
The  following  are  some  of  the  ethical  issues  involved  in  10  10
merchandise  buying:  To  honour  the  binding  contract  by  making
commitments.
6
Explain the various phases of vendor selection.
The following are the four phases involved in a typical vendor
selection process: The Survey Phase…
10 10
ASSIGNMENT
DRIVE  SPRING 2016
PROGRAM  Master of Business Administration - MBA
SEMESTER  III
SUBJECT CODE &
NAME
ML0012
Store Operations
BK ID  B1763
CREDITS &
MARKS
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.
Q.No  Questions
Marks
Total
Marks
1
Write a short note on the current trend of sales promotion in retail stores.
Retailers  in  recent  years  have  become  increasingly  inclined
towards the use of sales promotion techniques, often at the cost of
advertising.
10 10
2
Name a few standard departments in centralized retail companies and their
functions.
The  concept  of  centralized  retailer  is  applicable  when  the  retail
organization has more than one store.
10 10
3
What does an optimum store layout ensure?
An optimum store layout not only ensures the fittings of racks and
cabinets too closely nor too  scarcely. A well-planned store layout
makes the storage activities easy.
10 10
4
Elaborate on the need for codification process.
Each  retail  venture,  be  it  small,  franchisee,  chain  store  or  super
market, has its own system of codification.
10  10
5
Explain the disadvantages of standardization.
Standardization results in reduction in choices because of reduced
variety and consequent loss of customers.
10 10
6
Explain the activities under receiving inspection.
Activities under receiving inspection are:
1.  The  receiving  inspector  receives  all  raw  material  and
makes entries in the ledger.
2.  The  receiving  inspector  will  not  accept  any  material  until
10 10
proper  certifications  have  been  received  for  physical
verification.
3.  The receiving inspector should  document the results of all
inspections/tests immediately.
ASSIGNMENT
DRIVE  SPRING 2016
PROGRAM  Master of Business Administration - MBA
SEMESTER  III
SUBJECT CODE &
NAME
ML0013
Retail IT Management
BK ID  B1764
CREDITS &
MARKS
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.
Q.No  Questions
Marks
Total
Marks
1
Explain the various factors affecting the use of IT applications in the retail
industry.
The various factors affecting the use of IT applications in the retail
industry are,
o  The nature and type of the business
o  The availability of manpower
o  Unique needs of technology in retail
o  The scale and scope of operations
10 10
2
List some of the benefits of using IT in the retail sector.
Some of the benefits of using IT in the retail sector are,  10  10
3
Explain the application of kiosks in the retail industry.
Application of Kiosks in the retail industry is summarized below:
o  At  a  retail  outlet,  Kiosks  can  be  designed  to  give
information about the products, their locations, prices etc.
o  Kiosks  can  dispense  information  and  can  be  used  to
spread  social  awareness  about  consumer  rights,  ethical
marketing, anti-smoking and other such social issues.
o  Kiosks can provide an add-on service to the customers in
the travel industry.
10 10
4
Explain how the CRM software helps the retailer in his business.
The CRM software is extremely helpful to a retailer. It first  collects
the primary data about the customer and further analyses this data
to  provide  customer  interactions  history,  sales  histories,  contact
10  10
information,  buying  preferences,  characteristics,  demographics,
customer loyalty, so on and so forth.
5
List the advantages of relational database management system (RDBMS).
The advantages of Relational Database Management System
(RDBMS) are:
10 10
6
Discuss the various hardware equipment used in networking.
The various hardware equipment used in networking are:  10  10

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