Thursday 18 June 2020

NIBM MBA ASSIGNMENT ANSWER SHEET

NIBM MBA ASSIGNMENT ANSWER SHEET

 

 

Assignments of One Year MBA

                                               

Semester - II                        

1.      Students are requested to go through the instructions carefully.
2.      The Assignment is a part of the internal assessment.
3.      Marks will be awarded for each Assignment, which will be added to the total marks. Assignments carry equal marks.
4.      Assignments should submit in your 'portal' on/before the 'completion date' mentioned.
5.      Case study project is based on the elective subject selected.
Please submit your case study also in the portal on the 'completion date' of second semester assignments.

                                                         Assignments                           Total Marks :100

1.      International Law
What are the principles of International Law. Explain.


No one could accuse the American Society of International Law of being an activist organization. Founded a century ago, its first President was Secretary of State Elihu Root. Its Centennial meeting in Washington this month was addressed by Root's successor, Condoleeza Rice, and by Supreme Court Justice Anthony Kennedy.

The Society's Executive Council (on which I sit) includes current and former State Department lawyers, as well as others not prone to public criticism of the United States. Reflecting its political and philosophical diversity, the 4,000 member Society rarely takes positions on issues of international law. Panels at its meetings are deliberately framed to present contrasting views. Its scholarly journal eschews editorials.

However, there have been a handful of exceptions in the 60 years since World War II. The most recent occurred on March 30, when the Society adopted a seven-point resolution at its Centennial meeting. (The resolution, I should disclose, was principally drafted by my Notre Dame colleague, Professor Mary Ellen O'Connell).

On the surface, the resolution is a neutral statement of principles of international law. It does not mention the United States by name. That is as it should be. The principles bind all countries, and the U.S. is far from the only violator.

Still, the resolution would never have been presented, let alone adopted, unless it were widely understood by members of the Society as an implicit rebuke of the White House tendency (despite State Department qualms) to ride roughshod over some of the most basic principles of international law.

The principles cover use of force, war crimes, torture and other mistreatment of prisoners, arbitrary detention, command responsibility, and adherence to 




Business English

  1. Explain the process of Communication.

Communication process consists of some interrelated steps or parts through which messages are sent form sender to receiver. The process of communication begins when the sender wants to transmit a fact, idea, opinion or other information to the receiver and ends with receiver’s feedback to the sender. The main components of communication process are sender, message, channel, receiver and feedback. In the following, some definitions of the communication process are quoted:

The following diagram represents the communication process
Thus, it is clear that communication process is the set of some sequential steps involved in transferring message as well as feedback. The process requires a sender who transmits message through a channel to the receiver. Then the receiver decodes the message and sends back some type of signal or feedback.
Steps or elements of communication process
The communication process refers to the steps through which communication takes place between the sender and the receiver. This process starts with conceptualizing an idea or message by the sender and ends with the feedback from the receiver. In details, communication process consists of the following eight steps:



National Institute of Business Management
Chennai - 020

SECOND SEMESTER EMBA/MBA

Subject : International Law

Attend any 4 questions.  Each question carries 25 marks
(Each answer should be of minimum 2 pages / of 300 words)
ANSWER SHEET
1.      Write an essay on the origin of International Legal order and its nature.

The international system has changed dramatically in the years since the end of the Cold War has become a commonplace. But which changes are most profound, and what is their significance for international legal order? The last decade of the twentieth century generated dozens of hooks and articles hailing a transformed world order and interpreting its political, economic, and social consequences. We have more distance now. The first years of this century have underscored the significance of changes in the structure of international affairs — but they also demonstrate how difficult it is to interpret them with confidence.


The tradition of international law, across the globe, has been associated by more than a century with a set of political and ethical commitments — to multilateralism, institutionalism, humanitarianism, liberalism in the broadest sense. The international legal order was a focal point for some the last century’s most fateful political dramas — decolonization, human rights, arms control, responses to genocide and environmental degradation — as well as the site for any number of more routine pragmatic endeavors — law of the sea, of the air, of space. But not all problems of significance found their way onto the international legal agenda. The world of trade and investment, the world of the market, of development, of technological change these were largely constructed outside public legal order. Public law has seemed innocent of the choices by which the world’s wealth is distributed and of the instruments which bind the world’s cultures.

WTO is an international organization that brings together two concepts of international law. Leaving aside one or two specificities, it is a permanent negotiating forum between sovereign states and is therefore a cooperation organization akin to the international conferences under traditional international law. But it also comprises a sophisticated dispute settlement mechanism which makes it an integration organization, rooted in contemporary international law. In simple terms, the WTO’s sophisticated dispute settlement mechanism makes it a distinctive organization.
Above all, the WTO comprises a true legal order. If we go by professor Jean Salmon’s definition, “a body of rules of law constituting a system and governing a particular society or grouping”, we see that there exists, within the international legal order, a specific WTO legal order. The WTO system has two essential attributes: valid rules, and enforcement mechanisms. But the fact that it is specific does not mean that it is insularized or isolated. These are firstly how this legal system fits into the international legal order, and secondly, how it links in with the other legal systems.

The idea of international law as understood and practiced today owes its origins and foundational principles to two sets of intertwined transnational movements that radically reshaped European society during the late medieval period of European history, between the 15th and 17th centuries.
The first was the overhaul of the place of religion in European political life. Although varying from one society to another in its speed and particulars, this movement saw justifications for power transform from appealing to the divine and sacred to the mundane and secular; that is, from belief in righteously anointed rulers to leadership based on functional abilities. These transformations were fostered and facilitated by splits and breaches within the institutions and power structures of religious institutions including the emergence of Protestantism and of reform movements within the Roman Catholic Church. This divorce of the legality of temporal power from religious sanctification was enshrined in the Treaty of Westphalia in 1648, generally taken as one of the preeminent constitutive documents of modern international law.
The second late-medieval movement that gave rise to modern international law was the fierce competition among European societies for maritime voyages of discovery and the commerce that accompanied such discoveries. During the so-called ‘age of discovery’, European kingdoms and principalities vied to equip entrepreneurial merchants, geographers, scientists, seafarers, and adventurers who sailed the high seas to discover, conquer and trade with ‘new lands’ in the Americas, Africa and Asia. How to regulate this competition became an integral element of international law-making.
Thus, while internal European religious fragmentation gave rise to and shaped international law doctrines as secularism, sovereignty and self-determination, the forces of externally driven competition contributed to other international law doctrines such as those relating to the freedom of navigation on the high seas, freedom of commerce, and the use of force. In turn, these generated exceptions, and counter-exceptions, which resulted in the body of evolving doctrines and principles that currently constitute international law.





Management information System


Attend any 4 questions.  Each question carries 25 marks
(Each answer should be of minimum 2 pages / of 300 words)

Q2. Discuss the models used for MIS development.

In MIS, the information is recognized as a major resource like capital and time. If this resource has to be managed well, it calls upon the management to plan for it and control it, so that the information becomes a vital resource for the system.
·        The management information system needs good planning.
·        This system should deal with the management information not with data processing alone.
·        It should provide support for the management planning, decision-making and action.
·        It should provide support to the changing needs of business management.
Major challenges in MIS implementation are:
·        Quantity, content and context of information - how much information and exactly what should it describe.
·        Nature of analysis and presentation - comprehensibility of information.
·        Availability of information - frequency, contemporariness, on-demand or routine, periodic or occasional, one-time info or repetitive in nature and so on
·        Accuracy of information.
·        Reliability of information.
·        Security and Authentication of the system.
Planning for MIS
MIS design and development process has to address the following issues successfully:
·        There should be effective communication between the developers and users of the system.
·        There should be synchronization in understanding of management, processes and IT among the users as well as the developers.
·        Understanding of the information needs of managers from different functional areas and combining these needs into a single integrated system.
·        Creating a unified MIS covering the entire organization will lead to a more economical, faster and more integrated system, however it will increase in design complexity manifold.
·        The MIS has to be interacting with the complex environment comprising all other sub-systems in the overall information system of the organization. So, it is extremely necessary to understand and define the requirements of MIS in the context of the organization.
·        It should keep pace with changes in environment, changing demands of the customers and growing competition.
·        It should utilize fast developing in IT capabilities in the best possible ways.
·        Cost and time of installing such advanced IT-based systems is high, so there should not be a need for frequent and major modifications.
·        It should take care of not only the users i.e., the managers but also other stakeholders like employees, customers and suppliers.
Once the organizational planning stage is over, the designer of the system should take the following strategic decisions for the achievement of MIS goals and objectives:
·        Development Strategy: Example - an online, real-time batch.
·        System Development Strategy: Designer selects an approach to system development like operational verses functional, accounting verses analysis.
·        Resources for the Development: Designer has to select resources. Resources can be in-house verses external, customized or use of package.
·        Manpower Composition: The staffs should have analysts, and programmers.
Information system planning essentially involves:
·        Identification of the stage of information system in the organization.
·        Identification of the application of organizational IS.
·        Evolution of each of this application based on the established evolution criteria.
·        Establishing a priority ranking for these applications.
·        Determining the optimum architecture of IS for serving the top priority applications.
Srrp Planing




National Institute of Business Management
Chennai - 020

SECOND SEMESTER EMBA/MBA

Subject : Strategic Management


Attend any 4 questions.  Each question carries 25 marks
(Each answer should be of minimum 2 pages / of 300 words)

  1. What is Strategic thinking and Strategic Management? Explain.

While these scholarly discussions are intellectually stimulating, we are left lacking a simple and practical explanation to differentiate between the two. Strategic planning without strategic thinking will digress into a sluggish and lifeless process of setting goals and measuring objectives.  Strategic thinking without strategic planning/management will cannibalize itself in a quest for structure and process. Strategic thinking informs strategic planning/management.  Strategic planning/management gives voice, action and structure to strategic thinking.
The purpose of strategic thinking is to envision or develop a solution. It is also to enable brainstorming of approaches that can help to meet the strategic intent and goals of a specific project or initiative. The purpose of strategic planning, on the other hand, is to conceptualize and create the actual steps or actions that will result in the project or the goals to get delivered.
Strategic thinking is a skill. You can develop it, leverage it or improve it. Strategic planning is a process. It has to be conducted or carried out. So while thinking in a certain manner can be a natural or a nurtured attribute, planning strategically is a process that drives results or needs tactical actions to be defined within its framework.
While both can be done by individuals or in groups, usually strategic thinking is more of a personal or individual competency and attribute. Strategic planning involves multiple people or a team to come together. A leader or manager can do both – think and plan strategically. But the former has better results when done alone and the latter yields greater results when done in a group.

While these two go hand-in-hand, many people who are able to think strategically and conceptualize are not able to plan in the same manner, and vice versa. So there is a distinct difference in inclination to usually do either of these in an effective manner, within individuals.





These are the primary differences between strategic thinking and planning. They do seem to be linked in a seamless manner, which is how they can have a significant impact. But fundamentally they are different and the effect they have on organizations, or teams, is different. Strategic thinking can provide the right direction, but actual goal achievement takes place due to strategic planning. Conversely, strategic planning can help in implementing an approach, but without strategic thinking it will not yield the results that are needed.

Professionals looking to move into a leadership role need to master both. Know more about strategic thinking and planning by enrolling into an online course in Strategic Management.

Strategic Thinking is a planning process that applies innovation, strategic planning and operational planning to develop business strategies that have a greater chance for success.



Answer sheet

Elective: Healthcare and Hospital Management (Part -1)
Attend any 4 questions.  Each question carries 25 marks
(Each answer should be of minimum 2 pages / of 300 words)


Q1. Explain the important components of Hospital products.

Hospitals today cannot afford to overspend or waste resources, yet facilities must stay at the cutting-edge of surgical technology. For hospital administrators, maintaining the facility, managing the staff and coordinating product contracts can become overwhelming. In such cases, many hospital administrators may consider a group purchasing organization for additional support. Additionally with the implementation of healthcare reform, GPOs will be an important component to how healthcare organizations will drive down costs to survive economically. 


"The bases for all GPO services are around developing contracts for their members to use. The hospitals are looking for a GPO to provide support for them through contracts and products," says Randy Walter, executive vice president of Amerinet. "Additionally, a lot of GPOs have started looking at other ways to help drive down costs across the enterprise of healthcare providers." Here, Mr. Walter discusses what hospitals should be looking for as they select the appropriate GPO.



Important components of Hospital products


1. Contract portfolio flexibility. Hospitals should be aware of how flexible the GPO is with portfolio contracts. If the GPO only offers contracts with a single supplier, this eliminates contract options for a provider and can be problematic if a physician needs/requires products and/or equipment from another supplier. The GPO should be able to offer a flexible contract portfolio with multiple suppliers in the portfolio in order to provide options for the hospital staff. Once the contract is set, the GPO needs to provide tools to ensure the hospitals are billed for the contracted rate based on the GPO contract.

Additionally, some GPOs offer hospital officials the opportunity to draw up a customized contract for working with a product or supplier outside of the GPO's base portfolio. This is an important feature for hospitals administrators wanting to drive savings or meet specific organizational goals in a specific area. 

"There are certainly hospitals that like to do their own contract negotiations and maintain their own agreements and Amerinet supports those facilities that choose to take that path. The advantage we can provide is that if an organization wants to do their own contracts they can work on the strategic contract categories for the facility  while Amerinet works on the other contracts in areas that are not a high priority for the internal staff," says Mr. Walter. This allows the hospital procurement staff to focus on  contracts that are important to their facility and allows Amerinet to be an extension of their internal teams to augment the contracting team.


FOR FULL ANSWER SHEET VISIT WWW.CASESTUDYANDPROJECTREPORTS.COM

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