Saturday, 2 January 2016

ML0015-Services Marketing and Customer Relationship Management

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ASSIGNMENT

DRIVE
FALL 2015
PROGRAM
MBADS – (SEM 4/SEM 6) MBAN2 / MBAFLEX – (SEM 4)
PGDROMN – (SEM 2)
SUBJECT CODE & NAME
ML0015-Services Marketing and Customer Relationship
Management
SEMESTER
4
BK ID
B1808
CREDITS
4
MARKS
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.



1. Discuss the eight different demand situations of Service.
Answer : The task of managing markets and ensuring a good fit between supply and demand is usually very much more complex for services than for goods. Because goods manufacturers are able to separate production from consumption, they have the ability to hold stocks of goods that can be moved to even out regional imbalances in supply and demand.
Stocks can also be built up to cater for any peaks in demand, for example, umbrella manufacturers can work during the summer months making umbrellas to store to meet the sudden surge in demand each monsoon. Those umbrellas not sold in that monsoon can be sold later in the year at a lower clearance price, or put back into stock for the following year.
Many of the strategies for managing supply and

2 Elaborate GAP analysis in detail.

Answer : In information technology, gap analysis is an assessment tool to help identify differences between information systems or applications. A gap is sometimes called "the space between where we are and where we want to be."

A gap analysis helps bridge that space by highlighting which requirements are being met and which are not. The tool provides a foundation for





3 “Interaction plays a lead role in building customer relationships”. Explain CIM in this context.

Answer : Computer-integrated manufacturing
A system in which individual engineering, production, and marketing and support functions of a manufacturing enterprise are organized into a computer-integrated system. Functional areas such as design, analysis, planning, purchasing, cost accounting, inventory control, and distribution are linked through the computer with factory floor functions such as materials handling and management, providing direct control and monitoring of all process operations.

Computer-integrated manufacturing (CIM) may b



4 What are the various types of conflicts in marketing services?

Answer : In the workplace, conflict is inevitable, usually occurring when one party perceives that their interests are being opposed or negatively affected by another party. Conflict can produce either a positive or negative outcome. By being able to identify potential conflict before it arises and knowing how to effectively manage it, you will be able to help your staff increase the chances of turning conflict into a positive outcome. There are two types of conflict, functional and dysfunctional.
Functional conflicts
Functional conflicts are constructive, support your company's goals, and improve performance. It generally involves people who are genuinely interested in solving a problem and are willing to listen to one another.
Stimulating functional conflict is a great way to improve your team's performance and generate new ideas. It involves getting your team to either defend or criticise ideas based on relevant facts rather than on the basis of personal preference or political



5 Elaborate the important steps that service providers should bear in mind while implementing one to one marketing.
Answer : Some of the important steps for implementing one-to-one marketing are as follows:

One-to-one marketing involves gearing the organization to deal with valuable customers on an individual basis. This is not unattainable, but the effort should be worth the benefits that accrue.

One-to-one or relationship marketing means being able and willing to change one’s behaviour towards individual customer based on what



6 “Positioning a service in the marketplace is much like positioning a product”. Explain Service positioning and its purpose with the help of an example.

Answer : Positioning of services :
 The development of a sustainable positioning strategy for a product, service, division or company.  Each engagement utilizes the Four Forces of Positioning methodology. These projects include fresh articulation of market vision, competition analysis, market segmentation, positioning statement development, and identification of business model implications of positioning strategy.

Explanation :
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ML0010-Warehousing and Supply Chain Management

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ASSIGNMENT

DRIVE
FALL 2015
PROGRAM
MBADS (SEM 3/SEM 5)MBAFLEX/ MBA (SEM 3)
PGDROMN (SEM 1)
SUBJECT CODE & NAME
ML0010-Warehousing and Supply Chain Management
BK ID
B 1761
CREDIT & MARKS
4 Credits, 60 marks


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. 1. “The success of an organization is dependent on whether its supply chain and competitive strategies complement each other”. Explain Strategic fit and its process in the light of this statement.

Answer:Strategic fit expresses the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment. The matching takes place through strategy and it is therefore vital that the company has the actual resources and capabilities to execute and support the strategy. Strategic fit can be used actively to evaluate the current strategic situation of a company as well as opportunities



Q. 2. Briefly explain operational decisions in context to a retail store.

Answer: Operational decisions occur on a daily basis and are made considering the risk to the business. Often these decisions are administrative in nature and can be implemented quickly and tend to carry little risk. At RWE npower, employees at every level take operational decisions daily. An example might be when to re-order a particular item of stock. Another could be to determine how many operative staff will be required to complete a task.

Operational adminstrative decisions may be smaller-scale, but are nevertheless important choices that people have to make to fulfil their roles. As







Q. 3. Explain the transportation cycle for a retailer with all its components.

Answer:Utility cycling encompasses any cycling done simply as a means of transport rather than as a sport or leisure activity. It is the original and most common type of cycling in the world.Utility or "transportational" cycling generally involves travelling short and medium distances (several kilometres, not uncommonly 3-15 kilometers one way, or somewhat longer), often in an urban environment. It includes commuting (i.e. going to



Q. 4. Explain components of time series forecasting method

Answer:A time series is a sequence of data points, typically consisting of successive measurements made over a time interval. Examples of time series are ocean tides, counts of sunspots, and the daily closing value of the Dow Jones Industrial Average. Time series are very frequently plotted via line charts. Time series are used in statistics, signal processing, pattern recognition, econometrics, mathematical finance, weather forecasting, earthquake prediction, electroencephalography, control engineering, astronomy, communications engineering, and largely in any domain of applied science and engineering which involves temporal measurements.



Q. 5. Briefly explain the distribution network design options.

Answer:Distribution refers to the steps taken to move and store a product from the supplier stage to the customer stage in the supply chain. Distribution is a key driver of the overall profitability of a firm because it directly impacts both the supply chain cost and the customer experience. Performance of a distribution network is evaluated along two dimensions: customer needs that are met and cost of meeting customer needs. There are two key decisions when designing a distribution network:

1. Will product be delivered to the customer location or picked up from a preordained site?
2. Will product flow through an intermediary (or



Q. 6. Write short notes on:

a) Stock Keeping Unit:In the field of inventory management, a stock keeping unit or SKU is a distinct item for sale, such as a product or service, and all attributes associated with the item that distinguish it from other items. For a product, these attributes include, but are not limited to, manufacturer, product description, material, size, color, packaging, and warranty terms. When a business takes an inventory, it counts the quantity of each SKU


b)Lean Manufacturing:Lean manufacturing or lean production, often simply "lean", is a systemic method for the elimination of waste ("Muda") within a manufacturing process. Lean also takes into account waste created through overburden ("Muri") and waste created through unevenness in work loads ("Mura"). Working from the perspective of the client who consumes a product or service, "value" is any action or process that a customer

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MK0018– International Marketing

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ASSIGNMENT

DRIVE
FALL 2015
PROGRAM
MBADS – (SEM 3/SEM 5) / MBAN2 / MBAFLEX – (SEM 3) /
PGDIB – (SEM 1)
SUBJECT CODE & NAME
MK0018– International Marketing
BK ID
B1199
CREDITS
4
MARKS
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.


1. The orientation of a company’s top management, its beliefs and assumptions significantly impact its approach to international marketing. Discuss the concept of EPRG framework.

Answer: International marketing is simply the application of marketing principles to more than one country. However, there is a crossover between what is commonly expressed as international marketing and global marketing, which is a similar term.

The international marketing involvement of a manufacturing company may widely vary from a state of no direct involvement to a state of total involvement. Several types of involvement are generally observed, even though they are not mutually exclusive nor sequentially progressive.
Depending on the kind and degree of its



2. How do international economic institutions affect international marketing strategy of MNCs? Explain the role of any two of them.

Answer: The international financial institutions (IFIs) are financial institutions that have been established (or chartered) by more than one country, and hence are subjects of international law. Their owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders. The most prominent IFIs are creations of multiple nations, although some bilateral financial institutions (created by two countries) exist and are technically IFIs. The best known IFIs were established after World War II to assist in the reconstruction of Europe and provide





3. Define the concept and scope of international marketing research.
Answer: International Marketing Research
International environment is changing readily and all these changes present organization with opportunities as well as challenges. These changes include rapid progression in the advance technology, international investment trade, growth in international capital and also in customer’s preferences. All these changes influence on business to change or expand these international strategies, polices, and tactics.



4. Differentiate between national and international products, global and standardised products with examples.
Answer: National vs International


The world is divided geographically into close to 200 countries or nations. These boundaries or divisions are not natural, but man made on the basis of perceived similarities between peoples, cultures, languages and religions. When we are talking about an event taking place inside the boundaries of a country, the event is termed as national and people taking part in the event are also citizens of that country, but another event held



5. Write short notes on:

a) Containerization
Answer: Containerization is a system of intermodal freight transport using intermodal containers (also called shipping containers and ISO containers) made of weathering steel. The containers have standardized dimensions.

They can be loaded and unloaded, stacked, transported efficiently over long distances, and transferred from one mode of transport to another—container ships, rail transport flatcars, and semi-trailer trucks—without being opened. The handling system is completely mechanized so that all handling is done with cranes and special




b) 4 PL operators
Answer: Differs from third party logistics in the following ways; 1)4PL organization is often a separate entity established as a joint venture or long-term contract between a primary client and one or more partners; 2)4PL organization acts as a single interface between the client and multiple logistics service providers; 3) All aspects (ideally) of the client’s supply chain are managed by the 4PL organization; and, 4) It is possible for a major third-party logistics provider to form a 4PL organization within its existing structure.






6. Choose a product and explain how you will prepare seven steps in a global e-marketing plan?

Answer: The e-marketing plan is built exactly on the same principles as the classical plan. There is no different approach, but there might be some formal differences given by the uniqueness of the internet environment. Many of these differences come from the necessity to ensure a high rate of responsiveness from the customers, since the e-world is moving faster and requires faster reaction from its companies, compared to the traditional offline marketplace.

Even though it is perfectly acceptable and is a common practice to use the 8-stage classic model for the e-marketing plan as well, you might want to consider the simplified version proposed by Chaffey, who identifies four major steps to build the e-marketing

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MK0017-E-Marketing

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ASSIGNMENT

DRIVE
FALL 2015
PROGRAM
MBADS – (SEM 4/SEM 6) MBAN2 / MBAFLEX – (SEM 4)
PGDROMN – (SEM 2)
SUBJECT CODE & NAME
MK0017-E-Marketing
SEMESTER
4
BK ID
B1810
CREDITS
4
MARKS
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.


1. Define E-Customers with some examples. Also explain the Online buying process.
Answer : E-Customers
One who buys product and services on internet or online are known as E-Customers. Online customers must have access to the Internet and a valid method of payment in order to complete a transaction.
Generally, higher levels of education and personal income correspond to more favorable perceptions of shopping online. Increased exposure to technology also increases the probability of developing favorable attitudes towards new shopping channels.[10]
In a December 2011 study, Equation Research surveyed 1,500 online shoppers and found that 87% of tablet owners made online transactions with their tablet devices during the early Christmas shopping season.
Online buying process:
Online shopping is popular because of the convenience




2 An electronic marketplace (e-marketplace) refers to a website created for common interest. It integrates the online and physical component of a company. Discuss the five kinds of partners in an e-marketplace.

Answer : an Internet-based environment that brings together business-to-business buyers and sellers so that they can trade more efficiently online.

The key benefits for users of an e-marketplace are reduced purchasing costs, greater flexibility, saved time, better information, and better collaboration. However, the drawbacks include costs in changing procurement processes, cost of applications, set-up, and integration with internal systems, and transaction/subscription fees.



Q3 Discuss the major legal and ethical issues in e-marketing.
A. Legal issues
B. Ethical issues
Answer :

Ethical Issues 

In general, many ethical and global issues of Information Technology apply to e-business. So, what are the issues particularly related to e-commerce? Let’s list some of the ethical issues spawned with the growing field of e-commerce.

Web tracking




Q.4   What is e-mall? Explain the various types of online stores in an e-mall.
Answer : E-Mall is the first online marketplace in Arabic and English and one of the projects of Saudi Post, giving E-Mall an advantage. E-Mall users come from different countries and professions and ages and different cultures.

An e-mall provides common ground for several e-shops. It can be designed using several transaction models, according to what type of services the e-mall owner wants to offer. The owner also has to take care of the e-mall’s marketing, so choosing the right e-mall is a vital decision for an e-shop owner. The right e-mall is defined as an e-mall with a strong network, a good marketing strategy, a nice display and which can access the e-shop in many




5 Functions of E-marketing are represented by 2P+2C+3S formula (Personalisation, privacy, customer service, community, site, security, and sales promotion). These functions form the framework of an e-marketing strategy. Discuss this formula with a diagrammatic representation.
Explanation of 2P+2C+3S formula in detail
Diagram

Answer : e-Marketing is still quite a controversial subject to talk about, since no one succeeded to unify the various theories around it; however there is one thing upon which there is no doubt – that e-Marketing first appeared under the form of various techniques deployed by pioneer companies selling their products via the internet in the early 90's.

e-Marketing Strategy

The e-Marketing Strategy is normally based and built upon the principles that govern the traditional, offline Marketing – the well-known 4 P's (Product – Price –





6 Discuss the selling methods and sales promotion of E-marketing

Answer : Online sales promotions are meant to turn site visitors into consumers. The objective is to get the visitor to take action by contacting a sales representative and ultimately buying the offered product. The methods to accomplish this goal are diverse and include:

·         Advertising
·         Loyalty and rewards programs
·         Contests
·         Search engine usage and optimization
·         Social media
·         Email blasts
·         Referral marketing


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MK0016- Advertising Management and Sales Promotion

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ASSIGNMENT

DRIVE
FALL 2015
PROGRAM
MBADS – (SEM 4/SEM 6) MBAN2 / MBAFLEX – (SEM 4)
PGDROMN – (SEM 2)
SUBJECT CODE & NAME
MK0016- Advertising Management and Sales Promotion
SEMESTER
4
BK ID
B1809
CREDITS
4
MARKS
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.


1. Explain the different types of Advertising copy.

Answer: Classification of Advertisement Copy
It is true that copy writing is an art and the copywriter has a very important role to play in advertising creativity. Copy writing does not admit any stereotyped rules and classification. There are various styles in which a copy can be prepared and presented. The following classification of advertisement copy may be studied;

1. Descriptive Copy – This type of copy describes the pertinent and relevant characteristics features of the product. It is very simple and of non- technical nature. It does not have any specialty which can attract the attention of the target consumers or may compel them to read it. It is very much similar to a press account or news item simply giving relevant information to the public without any stylish touch.

2. Scientific Copy – Such types of copies are technical in nature and generally used by drugs and pharmaceutical firms elaborating the propositions of properties and constituents of the product. It provides full information about the product and



2. Discuss the DAGMAR approach in setting objectives and measuring effectiveness of advertising.

Answer : Meaning of DAGMAR approach
Advertising is a part of marketing sometimes avoided by small business as it can be perceived as costly, ineffective and only appropriate for large corporations. However an understanding of advertising models such as AIDA and DAGMAR can help any small business plan more effective advertising.
AIDA stands for Attention, Interest, Desire and Action and can be used in small business marketing to improve campaigns, including those based on email autoresponders.

DAGMAR (Defining Advertising Goals for Measured Advertising Results) is much more than a model for designing an advert, it is used to monitor a



3. Advertising is a paid form of communication. It has gained its significance since it attempts to build a positive attitude towards a product. Explain the characteristics and objectives of advertising.
Answer : Three Main Advertising Objectives

Increasing Sales and Profits
One of the major objectives of advertising is to increase sales and profits. Some companies, like Internet businesses, only use advertising to apprise people about their products and services. These companies don't have sales departments. Hence, they can only sell products and earn profits if they are actively advertising. Some forms of advertising lend themselves more to producing immediate profits. For example, direct response advertising


4 What is “above the line” and “below the line” activities with respect to marketing communications? Explain the concept in detail.

Answer : Above-the-line
There are a number of approaches to promotion that are open to organisations. Above-the-line promotions use mass media methods. This type of promotion focuses on advertising to a large audience. It includes print, online media, television and cinema advertising.

As the fourth largest car company in the world, Kia is a big brand. It offers a range of products targeted at different market segments.kia-piccanto Above-



5 Describe the AIDA model of consumer response hierarchy with the help of diagram.

Answer : The Hierarchy of Effects Model was created in 1961 by Robert J Lavidge and Gary A Steiner. This marketing communication model, suggests that there are six steps from viewing a product advertisement (advert) to product purchase. The job of the advertiser is to encourage the customer to go through the six steps and purchase the product.

Hierarchy Of Effects Model



6. Describe some of the strategies for effective marketing and advertising in rural market.

Answer : In order to utilize the immense potential in rural markets companies need to develop specific marketing mix and action plans, taking into consideration the complex set of factors that influence consumer behaviour. Innovative companies which adopted an integrated approach have succeeded in utilizing marketing opportunities that rural areas offer.

Different rural marketing strategies in India
1.       Competitive strategy
1.1.    Supplier: The company not only has to make high quality products but also has to sell them cheap. This can be achieved only if the


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