HR Audit NMIMS MBA SOLVED APRIL 2019 ASSIGNMENTS

Logistics Management
1. The only real differentiator in today s markets is service, and transportation is a vital part in that accomplishment. Without it, customer loss is virtually a guarantee . How will you explain this statement? (Industry examples will be well appreciated)

2. Discuss briefly with examples how as a Logistic Manager you will address various objectives in terms of total cost goals and customer service goals. (10 Marks)

3. As the Logistics Head, you observe your organization had planned 500 consignments last year but the actual data reveal that company had booked only 300 consignments and out of which 250 were actually delivered. The report also suggests that 5 consignments were damaged in the transit.

a. Explain the performance measurements you can do using various productivity measures for improvement?

b. Explain your strategy to select the right distribution channel for your business
Industrial Relations & Labour Laws
1. Sanghvi Manufacturing has been in the business of manufacturing steel coils. You have been a worker in the factory for the last 5 years. The management had always been friendly and supportive of the workers. Now a new management team has come in and they don t have the kind of connect with the workers that the earlier team had. The workers are worried about how things will be in the future and are concerned about how to put across their requirements to the new management team. While discussing these developments in the factory with your neighbor, you learnt that one way of communicating with the management is by forming a trade union. Your neighbor suggested that you and a few others form a union in Sanghvi Manufacturing to put forth your demands.
You have called all the workers in the factory to explain to them the concept of trade union as well as steps to be undertaken to create the same in the factory.
Question: Make a detailed note of what you will speak to the workers including benefits of a trade union as well as the process for registering the Union (10 Marks)
2. Company ABC employed Ram Prakash, 35 years old, as a worker in their factory earning Rs.2500/- per month. One day the Factory Manager received a call from the local hospital saying that Ram Prakash had been admitted as an accident case and has suffered permanent total disablement. The Manager reached the hospital and understood that Ram Prakash had met with an accident under the influence of alcohol. On further investigation, it was also found that Ram Prakash had been on leave on that day and had met with the accident while travelling on personal work.

Question: What compensation is the company liable to pay? Which Act is this covered under? For Compensation calculation the factor can be taken as 197.06.
(10 Marks

3. Company MNO is a motorbike manufacturer with their factory in the Cholapur industrial belt. The factory has 40% of the workforce on its permanent payroll and the remaining 60% consists of contract workers and trainees. The contract workers are paid only the minimum wage whereas the permanent workers are being given higher wages linked to the work they do. The workers have been asking for higher wages and appointment of contract workers as permanent workers in the factory. Tensions got escalated when 4 workers, who had approached the management to allow them to form a union, were terminated. Hundreds of workers went on strike. Workers in other factories in the industrial belt also joined them.
Wages being low in India make it an attractive manufacturing hub for companies, but workers feeling the effects of rising inflation have been agitating for higher pay.
Most companies in this area have preferred to use the Works Committee to handle labour issues and have avoided recognizing trade unions.
a. Has the management followed the principles of healthy industrial relations policy including being legally compliant? (5 Marks)

b. Assume that you were one of the workers working in this company. What are your views on how to approach the problems faced by you and your fellow workers? What legal recourse do the workers have in such a situation?
International Banking and Foreign Exchange Management

1. Casa bank was a domestic bank and was doing good in the Indian Market. The managers of the bank were planning to expand to global operations and decided to propose the same to the management. Prepare a short report on the strategies that would be required for successful internationalization of the bank.

2. Commercial banks offer an effective platform for effecting cross-border remittance transactions. These banks have an advantage of extensive networks across countries for sending and receiving international payments and settlement systems. Prepare a report on the factors that need to be taken care by the banks offering the services of foreign remittances to their customers. (10 Marks)

3. Shiva has completed his Banking and Finance course and has joined the foreign exchange department in a bank. His profile would include transactions in various currencies for which he needs to understand the different quotations properly. Help Shiva to prepare a short report on:

a) Situations in which Direct Quote would be used (5 Marks)

b) Situations in which Indirect Quote would be used (5 Marks)

International Finance
1. You are given the following interest rates.
Rs. $
3- months 15% 6%
6-month 14.5% 5.5%
9-month 14% 5.0%

The 3-month forward rate is Rs. 36/$. Calculate the 3-month forward rate 6-months from now. (10 Marks)

2. ABC Ltd. is planning to import a multi-purpose machine from Japan at a cost of 3400 lakhs yen. The company can avail loan at 18% interest per annum compounded quarterly with which it can import the machine. However there is an offer from Tokyo branch of an India based bank extending credit of 180 days at 2% per annum against opening of an irrevocable letter of credit. Other information:-

Present exchange rate Rs. 100 = 340 yen
180 days forward rate Rs. 100 = 345 yen
Commission charges for letter of credit at 2% per 12 months.
Advise whether the offer from the foreign branch should be accepted?
(10 Marks)

3 A) Suppose the spot rate is $ 0.20/FF. The US one-year rate is 6%. The forward rate is $
0.1923/FF.
What is the current one-year French interest rate that will satisfy the Interest Rate Parity? Suppose the one-year French interest rate is 12% instead. What kind of arbitrage would you perform to take advantage of this opportunity?
(5 Marks)

3 B) Assume that the Citibank trading room is dealing on the following quotations Spot
Sterling = $1.5000, Euro-Sterling interest rate (6-months) = 11.00% p.a. Euro-$ interest rate (6-months) = 6.00% p.a. and that Barclays Bank is quoting Forward Sterling (6-months) at $1.4550.
Describe the transactions you would make to earn risk-free covered interest arbitrage profits? How much profit would you expect to make?
International HR Practices

1. You are a HR Manager of SYSTEMS Pvt Ltd, an IT services company based in Mumbai. 20 employees of your company are going to UK for a 3 year project and you have to plan for pre-departure training program. What would be the components of your pre-departure training program?
2. LITI GROUP is a leading Financial Institution based in USA and it has presence in more than 100 countries in the world. LITI GROUP is considering the overhaul of its existing performance appraisal system to establish a full-fledged performance management system across all the country units. What could be the possible challenges that LITI GROUP may face in India? (10 Marks)
3. In a recent Board Meeting, Mr. Naresh, MD, said the following, If employees need to be trained to perform efficiently in a cross cultural environment and work appropriately, they require a systematic training process. You are asked to come up with this process you being the HR Manager of the company. This company is a leading Leather manufacturing organization in India. In this background, answer the following:

a. Which steps will you recommend for this process? (5 Marks)
b. What will the possible difficulties that you may face during this cross cultural training program? (5
Financial Institutions and Markets
1. XYZ Private limited wants to expand its business. Therefore, they are in immediate needs for short term funding. As a finance manager you are required to present all the possible options of raising short term funds for the organisation.

2. You have been recently appointed as an insurance agent in an XYZ insurance pvt Limited. Your reporting manager ask you to prepare a presentation on the two broad category of Insurance industry. Help him with his presentation. (10 Marks)

3. You are a financial advisor in an investment firm. Mr. Nair wants to invest in the derivative market but he does not have any idea about it. Hence he approaches you inquiring the concept of options which are available in the market.

a. Help Mr Nair with the basic concept on options and how it will help Mr. Nair in diversifying his portfolio. (5 Marks)

b. Also explain him the basic hedging techniques which are available in the market HR Audit