MBA Summer Training Project Report Guidelines
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Questions and Answers

What is the duration of the mandatory on-the-job practical training required for MBA students?

  • 8 to 10 weeks
  • 6 to 8 weeks (correct)
  • 4 to 6 weeks
  • 5 to 7 weeks

What should be the main basis of the Summer Training Project Report prepared by the student?

  • Secondary data
  • Personal observations
  • Primary data (correct)
  • Group discussions

By when must the Summer Training Project Report be submitted?

  • By September 15
  • By September 30 (correct)
  • By October 15
  • By August 30

What is included in Part 1 of the Summer Training Project Report?

<p>Chapter about the organization (C)</p> Signup and view all the answers

What is the average minimum page size of the Summer Training Project Report?

<p>100 pages (C)</p> Signup and view all the answers

What should the student analyze during the on-the-job practical training?

<p>Problems faced by the organization (D)</p> Signup and view all the answers

Which of the following is NOT mentioned as a specialization group listed in the content?

<p>Human Resources (A)</p> Signup and view all the answers

What type of problem is the organization expected to assign to the student during training?

<p>A live problem/project (B)</p> Signup and view all the answers

What is the total score for the Relevance of Objectives with Topic in the project report evaluation?

<p>20 (C)</p> Signup and view all the answers

What does the viva voce evaluation consider in terms of communication skills?

<p>Handling queries (B)</p> Signup and view all the answers

Which framework is part of the internal appraisal during environmental scanning?

<p>Value Chain Analysis (B)</p> Signup and view all the answers

What is the primary objective of the Strategic Management course?

<p>To understand key concepts of strategic management (B)</p> Signup and view all the answers

What does the acronym RBV stand for in strategic management?

<p>Resource-Based View (D)</p> Signup and view all the answers

Which of the following is not part of the criteria for the evaluation of the project report?

<p>Strategic Intent (C)</p> Signup and view all the answers

How many hours are allocated for Unit 1 of the Strategic Management course?

<p>6 Hours (A)</p> Signup and view all the answers

Which of the following best describes the meaning of 'strategic intent'?

<p>Long-term vision and mission of the organization (C)</p> Signup and view all the answers

Which of the following best describes the purpose of understanding consumer decision making in a marketing context?

<p>To develop marketing strategies based on customer influences (A)</p> Signup and view all the answers

What measurement tool is used for assessing individual understanding of consumer behavior?

<p>Quiz and class discussion (A)</p> Signup and view all the answers

Which course outcome focuses on applying knowledge of customer influences to marketing decisions?

<p>Develop cognitive skills for marketing applications (C)</p> Signup and view all the answers

What is the main topic discussed in Unit 1 of the Digital Marketing course?

<p>Digital consumer insights (A)</p> Signup and view all the answers

Which skill is emphasized when discussing consumer behavior in the digital age?

<p>Customer relationship management online (A)</p> Signup and view all the answers

What aspect of marketing does E-commerce primarily address?

<p>Online branding and traffic building (B)</p> Signup and view all the answers

Which of the following is NOT mentioned as an objective of the Digital Marketing course?

<p>Engaging consumers through traditional media (D)</p> Signup and view all the answers

What is a key component of managing content in the digital age?

<p>Content planning and writing (A)</p> Signup and view all the answers

What is the main focus of the course on Tax Planning & Management?

<p>Principles, problems, and structure of different types of business taxes in India (B)</p> Signup and view all the answers

Which of the following concepts is related to the timing of tax assessment periods?

<p>Assessment Year (D)</p> Signup and view all the answers

Which of the following is NOT considered a form of tax avoidance?

<p>Deliberately underreporting income (B)</p> Signup and view all the answers

What is the significance of 'Residential Status' in taxation?

<p>It influences the incidence of individual income tax (A)</p> Signup and view all the answers

Which of the following is NOT a head of income in the income tax framework?

<p>Dividend Income (A)</p> Signup and view all the answers

What is meant by 'Carry-forward and set-off of losses'?

<p>The ability to reduce taxable income by applying previous losses to future profits (A)</p> Signup and view all the answers

Which of the following terms refers to the assessment of income tax authorities in relation to their powers and functions?

<p>Jurisdiction (C)</p> Signup and view all the answers

What is a common concept that relates to the reduction of taxable income?

<p>Rebate (A)</p> Signup and view all the answers

What is a benefit of using a performance development plan?

<p>It helps in defining specific annual performance objectives. (B)</p> Signup and view all the answers

What is a key difference between performance management and performance appraisal?

<p>Performance management encompasses a broader system than just appraisals. (A)</p> Signup and view all the answers

Which method is NOT typically associated with managing performance?

<p>Random employee feedback. (D)</p> Signup and view all the answers

What is an essential element of competency mapping?

<p>It establishes a connection to career development and succession planning. (D)</p> Signup and view all the answers

Which of the following is a characteristic of a balanced scorecard?

<p>It integrates multiple performance perspectives including financial and non-financial. (D)</p> Signup and view all the answers

What role does job evaluation play in an organization's reward system?

<p>It establishes the significance of wage differentials. (D)</p> Signup and view all the answers

What are Key Result Areas (KRAs) most related to?

<p>Specific objectives correlated to job performance. (D)</p> Signup and view all the answers

Which statement best describes the importance of performance criteria in performance management?

<p>They provide a framework for establishing effective appraisal systems. (A)</p> Signup and view all the answers

What does the Black-Scholes option pricing model primarily help in determining?

<p>The fair price of options (D)</p> Signup and view all the answers

Which of the following best describes the purpose of hedging with options?

<p>To protect against potential losses in an investment (B)</p> Signup and view all the answers

What is a key characteristic of interest rate swaps?

<p>They allow companies to fix borrowing costs for future loans. (A)</p> Signup and view all the answers

What is an example of a financial derivative?

<p>Stock options (B)</p> Signup and view all the answers

Which of the following is NOT typically considered a risk management tool?

<p>Merger Agreements (A)</p> Signup and view all the answers

In the context of derivatives, what is speculation primarily concerned with?

<p>Predicting future market movements to earn profit (D)</p> Signup and view all the answers

Which market is mentioned as having a relevant options trading segment in India?

<p>Indian National Stock Exchange (D)</p> Signup and view all the answers

What is one key benefit of using futures contracts?

<p>They lock in prices for future transactions. (D)</p> Signup and view all the answers

Flashcards

Environmental Scanning

A systematic process of analyzing an organization's internal and external environments to identify opportunities and threats.

Porter's Five Forces Model

A framework used to analyze the competitive forces that influence an industry's profitability.

PESTEL Analysis

A tool for analyzing the external environment of an organization by considering Political, Economic, Social, Technological, Environmental, and Legal factors.

Resource Based View (RBV) Analysis

A method for evaluating an organization's internal strengths and weaknesses by analyzing its resources, capabilities, and competitive advantages.

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IFE Matrix

A tool that helps evaluate an organization's internal environment by identifying and analyzing its key internal factors, strengths, and weaknesses.

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EFE Matrix

A tool for evaluating the external environment by identifying and analyzing key external factors, opportunities, and threats.

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Value Chain Analysis

A framework used to analyze the value chain of an organization by identifying and analyzing the primary and support activities that create value for customers.

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VRIO Framework

A framework used to analyze the strategic resources of an organization by considering their Value (V), Rarity (R), Inimitability (I), and Organization (O) to determine their competitive potential.

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MBA Summer Training

A mandatory, 6-8 week training experience undertaken in a manufacturing, service, or financial organization by all MBA students after their second semester.

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Summer Training Project

A specific problem or project assigned to a student by the host organization during their MBA Summer Training.

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Summer Training Project Report

The written document submitted by a student after completing their MBA summer training. It should summarize their learning, insights, and analysis of the assigned project.

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Primary Data

Primary data is raw, firsthand information collected directly by the student through observation, interviews, surveys, etc. during their summer training.

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Micro Problem

A micro problem refers to a specific and localized issue or challenge faced by a particular department or function within the host organization.

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Part 1 of Summer Training Report

The first part of the Summer Training Project Report, which describes the host organization, covering its history, structure, products/services, and the problems it faces.

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Part 2 of Summer Training Report

The second part of the Summer Training Project Report, which focuses on the analysis of the micro research problem assigned to the student during their summer training.

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Summer Training Project Report Length

The target length of a Summer Training Project Report, typically 100 pages or more, written in a standard font size (12) with double spacing.

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What is Performance Management?

A system that sets goals, tracks progress, and provides feedback to improve employee performance.

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What are Key Performance Indicators (KPIs)?

A set of measurable goals that define successful performance in a specific role.

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What is 360-degree Performance Appraisal?

A method of performance appraisal where feedback is gathered from multiple sources like superiors, peers, subordinates, and even customers.

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Define Competency Mapping.

A system that identifies and evaluates the skills, knowledge, and abilities needed for success in different roles.

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What is Job Evaluation?

The process of determining the relative worth of different jobs within an organization.

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How is performance managed effectively?

A set of strategies for managing performance, including setting goals, providing feedback, and recognizing achievements.

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Why is aligning goals with organizational goals important?

It helps align individual goals with organizational goals, which contributes to overall success.

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What does the term 'Reward System' refer to?

It includes salary, benefits, bonuses, and other forms of compensation that reward employees for their contributions.

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Income

The amount of money earned from a job or other sources.

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Assessment Year

A period of time used for tax calculations. It usually covers a financial year.

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Assessee

A person or entity responsible for paying taxes.

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Tax Planning

The process of reducing your tax liability legally. It's NOT illegal tax avoidance.

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Tax Evasion

The act of deliberately breaking tax laws to avoid paying taxes.

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Heads of Income

The different categories of income subject to tax, like salary, property, business income, etc.

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Carry-forward & Set-off

Carry-forward and set-off of losses, allows businesses to deduct losses from future income.

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Deductions, Rebates & Reliefs

Different types of tax deductions, exemptions and rebates that reduce the amount of tax owed.

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What are financial derivatives?

Financial instruments that derive their value from an underlying asset, like a stock or currency.

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What is hedging?

Using derivatives to reduce the risk of losing money due to changes in the value of an underlying asset.

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What is speculation?

Using derivatives to make a profit by predicting the future price movement of an underlying asset.

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What is arbitrage in derivatives?

A strategy of simultaneously buying and selling an asset in multiple markets to profit from price discrepancies.

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What is a financial swap?

An agreement between two parties to exchange a set amount of cash flows at a future date, based on an underlying interest rate or currency.

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What are interest rate swaps?

A swap where two parties exchange interest rate payments based on different interest rate benchmarks, to manage interest rate risk.

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What are futures contracts?

A contract to buy or sell a specific quantity of an underlying asset at a predetermined price on a future date.

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What is a Forward Rate Agreement (FRA)?

A forward contract where parties agree on a future interest rate for a loan, effectively managing interest rate exposure.

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Understanding the Consumer as an Individual

The process of understanding the needs, desires, and behaviors of individual consumers, including their motivations, preferences, and purchasing habits.

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Understanding the Consumer in Group/Society

Analyzing how consumers behave within a larger social context, considering factors like cultural influences, social norms, and group dynamics.

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Understanding Consumer Decision Making and Post-Purchase Behavior

Exploring the decision-making process that consumers go through before, during, and after purchasing a product or service, including factors like information search, evaluation of alternatives, and post-purchase satisfaction.

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Digital Marketing

The strategies and tactics used to reach and engage with consumers online, including search engine optimization (SEO), social media marketing, email marketing, and content marketing.

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Internet Marketing

Marketing activities specifically designed to promote products and services on the internet, including online advertising, e-commerce, and digital content creation.

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Content Marketing

A marketing strategy that focuses on creating and distributing valuable, relevant, and consistent content to attract and retain a clearly defined audience — and, ultimately, to drive profitable customer action.

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E-Commerce

The use of electronic commerce to buy and sell goods and services online, including online marketplaces, shopping carts, and payment gateways.

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Customer Relationship Management in the Virtual World

Building and managing relationships with customers in the digital world, including personalized communication, customer service, and loyalty programs.

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Study Notes

MBA Evaluation Scheme

  • MBA Second Year: Choice Based Credit System (Effective from Session 2017-18)
  • Dr. A.P.J. Abdul Kalam Technical University, Lucknow

Semester III Evaluation Scheme

  • Credit Units: Specific credit units for each subject.
  • Subject Codes: List of codes for various subjects.
  • Periods/LTPCT: Number of lecture periods for each subject.
  • Sessional & ESE (End Semester Exam): components of final grade and their weights
  • Class Test (CA): Component of final grade.
  • Teacher Assessment (TA): Component of final grade.
  • Elective Subjects: Options for electives based on specializations.

MBA Semester III - Subject Specific Information

  • Details on specific subjects like Strategic Management, International Business Management, Major Specialization Groups, and Minor Specialization Groups, covering elective subjects and respective credits.

MBA Semester IV Evaluation Scheme

  • Course Title: List of courses in semester IV.
  • Credit Units: Detailing the credit units assigned to each course.
  • Period/LTPCT: Period length, Lecture/Tutorials, Practical/Credits, and Total
  • Sessional & ESE (End Semester Exam): components of final grade and their weights
  • Class Test (CA): Component of final grade.
  • Teacher Assessment (TA): Component of final grade.

RMB351: Summer Training Project Report

  • Requirements: Mandatory practical training duration (6-8 weeks)
  • Report: Submission of report based on assigned project by the organization.
  • Grading/Evaluation: Reports are evaluated based on project report, presentation, and viva voce by 2 external & 1 internal examiner.
  • Report Length: Minimum 100 pages (A-4 size paper), double-spaced, minimum 12-point font.
  • Criteria: Evaluation criteria, marking scheme for objective relevance, research methodology, interpretations and analysis, Viva Voce.

RMB451:Research Project Report

  • Format: Detailed guidelines for the report format required to be adhered to as per the university requirements.
  • Evaluation: Report and viva voce, marking scheme for specific criteria is detailed.

General Course Information:

  • Elective Subjects: Details of available elective subjects, related to specializations and course codes.

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MBA 2nd Year Syllabus PDF

Description

This quiz explores the critical aspects of the Summer Training Project Report for MBA students, including its duration, submission requirements, and content organization. Test your knowledge on evaluation criteria and the strategic objectives relevant to this practical training component.

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