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HRM624 solution

Wednesday, May 12, 2010 Posted In Edit This

“Nature of Conflicts”

Company ABC wants to purchase a piece of land to erect new production plant. Officers approach the owner of the desired plot. That party was fraudulent. Officers don’t know about the reputation and have deal with them. Seller party ask them to pay half money in advance, and in return they will give a stamp paper on which they will give receiving of the said amount and half of the money will be due on the day of transfer. After some days, officers of company ABC come to know that said is already sold to another party and they are going to transfer in few days. The other purchase party is on the right because they have given advance money to sellers

before Company ABC. So due to back date effect, legally company ABC has no claim on plot or that second purchaser party. But they have the right to sue seller in the court. Now a complicated conflict has arises. Now there are so many constraints and considerations in the way to resolve this conflict.

• Litigation process is time taking

• Company resources will going to waste on resolution

• Said plot was the ideal location for the plant and they going to lose it

• Recovery of money is not easy especially from fraudulent people

• Time constraints

• Legal position is not good

• Seller intentions are not good

• Courts proceedings are complex and complicated

• More money is required to get out of it

What will you suggest in this situation, which of the following is the most appropriate way to get out of this situation while considering all the above mentioned issues and why?

a) Negotiation

b) Meditation

c) Conciliation

d) Arbitration

e) Adjudication

 

Solution:-

In my opinion first of all the both parties go for Negotiation because the Company ABC wants to save its money and time and the company also don’t want to lost that ideal location for their production plant. And the intentions of the seller are not good that is why it is important to convince him at the better solution for this problem by healthy negotiation. Any mistake of company ABC can aggravate this problem and the recovery of the money will be difficult or impossible. Negotiation is a discussion among the two or more people with the goal of reaching an agreement. Broadly speaking negotiation is an interaction of influences. Such interactions, for example include the process of resolving dispute, agreeing upon course of action, bargaining for individual or collective advantage.

 

 

 

Other Means of Resolving Conflict:

 

 

 

If the ABC Company uses the other means to resolve this problem, then they are time taken, money consuming and also possible that the result is not according to the wish of the both buyer parties. Mediation, conciliation, arbitration also have long processes and there is also possibility of creating misperception if the mediator or conciliator is not trained. In these processes the company also has to pay the fee of the agents. Adjudication is expensive and time consuming.

 

Most of the time the result, in adjudication is least acceptable or in favor of the both parties. In this way they can not talk face to face. By these means, ABC company may lose the place that he don’t want lose because it is the best location for its production plant. And if the seller party don’t want to sell that place to the company and also don’t want to pay back the money then it will try to pull the process.

 

Negotiation:

 

If company ABC is going for negotiation with the both parties, the seller and the other buyer of that land, there are many chances that the Company ABC would be reach at the best solution of this problem that will in favor of Company ABC and also acceptable for the both of other parties without wasting its resources. It is relatively less expensive and has no longer process. In this way the two buyer parties can negotiate at this problem and try to find the better solution of this problem , after that both the parties should go for negotiation to the third seller party. And they can put pressure on the seller party to agree at the better solution of this problem through the healthy negotiation.

 

So Negotiation is the suitable solving the dispute outside the court. By using this form of resolving the dispute all the parties can save their money and protect themselves from the lengthy procedure as well as they get the desirable result. It means there can create win-win situation by using this technique.

Fin622 assignment # 2 solution

Wednesday, May 12, 2010 Posted In Edit This
Semester “Spring 2010”
“Corporate Finance (Fin622)”
Assignment No. 1 Marks: 20
Being the finance manager of XYZ Company, you are to select one project of two available options i.e. Project A and Project B. The relevant cash flows for both the projects are summarized in given table.
Project A
Project B
Initial investment
Rs. 57,000
Rs. 54,000
Year(n)
Cash inflows (CFn)
Cash inflows (CFn)
1
Rs. 20,000
Rs. 22,000
2
20,000
20,000
3
20,000
18,000
4
20,000
16,000
Assume the discount rate to be 14 percent.
Required:
• Calculate the payback period of each project.
• Calculate the Net present value (NPV) of each project.
• On the basis of results of pay back period and NPV, which project would you recommend to your company and why?







Semester “Spring 2010”

“Corporate Finance (Fin622)”

Assignment No. 1 Marks: 20

Q.1: Calculate the payback period of each project.

For Project A

Year

0

1

2

3

4

Project A

-57,000

20,000

20,000

20,000

20,000

The formula of Payback period is,

PP=Io/Ct

PP=57,000/20,000

PP=2.85years

For Project B

Year

0

1

2

3

4

Project B

-54000

22,000

20,000

18,000

16,000

Payback period is lies between year 2 and year 3 .Sum of money recovered by the end of the second year

= (22,000+20,000)

= 42,000

=54,000 – 42000

= 12,000

PP= (2+12,000/18,000)

PP=2.67years

Q.2: Calculate the Net present value (NPV) of each project.

For Project A

Year

0

1

2

3

4

Project A

-57,000

20,000

20,000

20,000

20,000

NPV=Cf [(1/i-1/i (1+i)]-Ct

NPV=20,000[(1/.14 - 1/.14 (1+.14) ^4)]-57,000

NPV=20,000[(7.1429 – 1/ 0.2365)] – 57,000

NPV=20,000 (7.1429 – 4.2283) – 57,000

NPV= 20,000 *(2.9146) – 57000

NPV=58291 – 57,000

NPV=1291

For Project B

Year

0

1

2

3

4

Project B

-54000

22,000

20,000

18,000

16,000

NPV= [Cf1/ (1+i) + Cf2/ (1+i) ^2+ Cf3/ (1+i) ^3+ Cf4/ (1+i) ^4] -Ct

NPV= [22,000 / (1+.14) +20,000/ (1+.14) ^2+18,000/ (1+.14) ^3+16,000 / (1+.14) ^4] - 54000

NPV=19298+15389+12150+9473-54000

NPV=56310 – 54000

NPV=2310

Q.3: On the basis of results of pay back period and NPV, which project would you recommend to your company and why?

As per the Calculation According to the Payback Period method we should have to take Project B Because it has less payback time as compare to Project A.

As far as the NPV is concern the both the projects is NPV > 0, so both Project could be possible to take , but the Project are Mutually exclusive then we should take the project that has the Greater NPV so that is the Project B.

HRM624 Assignment No. 2 solution

Wednesday, May 12, 2010 Posted In Edit This
Assignment No. 1 Marks: 20 :bomb :bomb :bomb :bomb :bomb :bomb :bomb :bomb :bomb :bomb :bomb :bomb :bomb :bomb :bomb :bomb
Nature of Conflicts”
Company ABC wants to purchase a piece of land to erect new production plant. Officers
approach the owner of the desired plot. That party was fraudulent. Officers don’t know about
the reputation and have deal with them. Seller party ask them to pay half money in advance, and
in return they will give a stamp paper on which they will give receiving of the said amount and
half of the money will be due on the day of transfer. After some days, officers of company ABC
come to know that said is already sold to another party and they are going to transfer in few
days. The other purchase party is on the right because they have given advance money to sellers
before Company ABC. So due to back date effect, legally company ABC has no claim on plot
or that second purchaser party. But they have the right to sue seller in the court. Now a
complicated conflict has arises.
Now there are so many constraints and considerations in the way to resolve this conflict.
• Litigation process is time taking
• Company resources will going to waste on resolution
• Said plot was the ideal location for the plant and they going to lose it
• Recovery of money is not easy especially from fraudulent people
• Time constraints
• Legal position is not good
• Seller intentions are not good
• Courts proceedings are complex and complicated
• More money is required to get out of it
What will you suggest in this situation, which of the following is the most appropriate way to
get out of this situation while considering all the above mentioned issues and why?
a) Negotiation
b) Meditation
c) Conciliation
d) Arbitration
e) Adjudication

......................
Conflict resolution is a range of methods for alleviating or eliminating sources of conflict. The term "conflict resolution" is sometimes used interchangeably with the term dispute resolution or alternative dispute resolution. Processes of conflict resolution generally include negotiation, mediation, and diplomacy. The processes of arbitration, litigation, and formal complaint processes such as ombudsman processes, are usually described with the term dispute resolution, although some refer to them as "conflict resolution." Processes of mediation and arbitration are often referred to as alternative dispute resolution.

Mediation, a form of alternative dispute resolution (ADR) or "appropriate dispute resolution", is a way of resolving disputes between two parties. A third party member is involved in order to structure the meetings, and to help the parties come to a final decision based on the facts given through the discussions. Mediation is not legally binding so it does not have to be followed, although if one party does not, they can sometimes be taken to court by the disadvantaged member, depending on the mediation agreement.
Mediation, in a broad sense, consists of a cognitive process of reconciling mutually interdependent, opposed terms as what one could loosely call "an interpretation" or "an understanding of." The German philosopher Hegel uses the term "dialectical unity" to designate such thought-processes. This article discusses the legal communications usage of the term.
Arbitration, a form of alternative dispute resolution (ADR), is a legal technique for the resolution of disputes outside the courts, wherein the parties to a dispute refer it to one or more persons (the "arbitrators", "arbiters" or "arbitral tribunal"), by whose decision (the "award") they agree to be bound. It is a settlement technique in which a third party reviews the case and imposes a decision that is legally binding for both sides.[1] Other forms of ADR include mediation[2] (a form of settlement negotiation facilitated by a neutral third party) and non-binding resolution by experts. Arbitration is most commonly used for the resolution of commercial disputes, particularly in the context of international commercial transactions. The use of arbitration is far more controversial in consumer and employment matters, where arbitration is not voluntary but is instead imposed on consumers or employees through fine-print contracts, denying individuals their right to access the courts.
....................
In my opinion first of all the both parties go for Negotiation because the Company ABC wants to save its money and time and the company also don’t want to lost that ideal location for their production plant. And the intentions of the seller are not good that is why it is important to convince him at the better solution for this problem by healthy negotiation. Any mistake of company ABC can aggravate this problem and the recovery of the money will be difficult or impossible. Negotiation is a discussion among the two or more people with the goal of reaching an agreement. Broadly speaking negotiation is an interaction of influences. Such interactions, for example include the process of resolving dispute, agreeing upon course of action, bargaining for individual or collective advantage.

Other Means of Resolving Conflict:

If the ABC Company uses the other means to resolve this problem, then they are time taken, money consuming and also possible that the result is not according to the wish of the both buyer parties. Mediation, conciliation, arbitration also have long processes and there is also possibility of creating misperception if the mediator or conciliator is not trained. In these processes the company also has to pay the fee of the agents. Adjudication is expensive and time consuming.
Most of the time the result, in adjudication is least acceptable or in favor of the both parties. In this way they can not talk face to face. By these means, ABC company may lose the place that he don’t want lose because it is the best location for its production plant. And if the seller party don’t want to sell that place to the company and also don’t want to pay back the money then it will try to pull the process.

Negotiation:

If company ABC is going for negotiation with the both parties, the seller and the other buyer of that land, there are many chances that the Company ABC would be reach at the best solution of this problem that will in favor of Company ABC and also acceptable for the both of other parties without wasting its resources. It is relatively less expensive and has no longer process. In this way the two buyer parties can negotiate at this problem and try to find the better solution of this problem , after that both the parties should go for negotiation to the third seller party. And they can put pressure on the seller party to agree at the better solution of this problem through the healthy negotiation.
So Negotiation is the suitable solving the dispute outside the court. By using this form of resolving the dispute all the parties can save their money and protect themselves from the lengthy procedure as well as they get the desirable result. It means there can create win-win situation by using this technique.
.....................
In my opinion first of all the both parties go for
Negotiation because the Company ABC wants to save its
money and time and the company also don’t want to lost that ideal location for their production plant. And the aim of the seller is not good that’s why it is important to influence him at the better solution for this problem by strong negotiation. Any mistake of company ABC can make worse this problem and the recovery of the money will be difficult or impossible. As we know that Negotiation is a discussion among the two or more people with the goal of reaching an agreement. Broadly speaking negotiation is an interaction of
influences. Such interactions, for example include the process of resolving dispute, agreeing upon course of action, bargaining for individual or collective advantage.
Other Means of Resolving Conflict:
If the ABC Company uses the other means to resolve this problem, then they are time taken, money consuming and also possible that the result is not according to the wish of the both buyer parties. Mediation, conciliation, arbitration also have long processes and there is also possibility of creating misperception if the mediator or conciliator is not trained. In these processes the company also has to pay the fee of the agents.
Adjudication is expensive and time consuming.
Most of the time the consequence, in adjudication is least acceptable or in favour of the both parties. In this way they can not talk face to face. By these means, ABC company may lose the place that he don’t want lose because it is the best location for its production plant. And if the seller party don’t want to sell that place to the company and also don’t want to pay back the money then it will try to pull the process.
Negotiation:
If company ABC is going for negotiation with the both parties, the seller and the other buyer of that land, there are many chances that the Company ABC would be reach at the best solution of this problem that will in favour of Company ABC and also acceptable for the both of other parties without wasting its resources. It is comparatively less expensive and has no longer process. In this way the two buyer parties can
negotiate at this problem and try to find the better solution of this problem, after that both the parties should go for negotiation to the third seller party. And they can put pressure on the seller party to agree at the better solution of this problem through the strong negotiation.
So Negotiation is the appropriate solving the dispute outside the court. By using this type of resolving the dispute all the parties can save their money and protect themselves from the lengthy procedure as well as they get the desirable result. It means that it’s better to save time and money to get the conflict solved outside the Court rather to go into the lengthy process of adjudication.

Mgt510 GDB solution

Wednesday, May 12, 2010 Posted In Edit This
Question : “Recall the Deming’s 14 points of TQM, you heard in lecture 13 & 14, and justify whether these points are applicable or not applicable in customer services department of telecom industry. Justify your arguments in 3-4 lines in either case.”?

Solution:-

Deming’s point # 5 “Improve constantly and forever the system of production and service”, is applicable as in today's market, it is never advisable to reach the conclusion that a particular department is 'good enough'. Continuous improvement must be a top priority on all fronts - from the ring of phone to the balance sheet (Bill). The only way to remain responsive to the needs of a diverse and dynamic population is to strive constantly to provide better services without comparable increases in cost and meet those needs both now and in the future.

Mgt411 GDB Announcement

Wednesday, May 12, 2010 Posted In Edit This
GDB announcementDated: May 10, 10

Semester “Spring 2010”

“Money & Banking MGT(411)”

This is to inform that Graded Discussion Board (GDB)

will be opened according to the following schedule

Schedule

Opening Date and Time

May 12, 2010 At 12:01 A.M. (Mid-Night)

Closing Date and Time

May 14, 2010 At 11:59 P.M. (Mid-Night)

Topic/Area for Discussion

“Money and form of payment ”

Note: The discussion question will be from the area/topic mentioned above. So start learning about the topic now.

Guidelines for Preparation:

1. For acquiring the relevant knowledge, do not rely only on handouts but watch the course video lectures, which can be downloaded for free from www.youtube.com/vu, and also use other reference books.

Important Instructions:

1. The GDB will remain open for 72 hours

2. The GDB will open and close at above specified date and time. Please note that no grace day and extra time will be given for posting comments on GDB.

2. Use the font style “Times New Roman” and font size “12”.

3. Your answer should be relevant to the topic i.e. clear and concise.

4. Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course.

5. Books, websites and other reading material may be consulted before posting your comments but copying or reproducing the text from books, websites and other reading materials is strictly prohibited. Such comments will be marked as Zero (0).

6. You should post your answer on the Graded Discussion Board (GDB), not on the Moderated Discussion Board (MDB). Both will run parallel to each other during the time specified above. Therefore, due care will be needed.

7. Obnoxious or ignoble answer should be strictly avoided.

8. You cannot participate in the discussion after the due date.

9. Questions / queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of the GDB is over.

10. For planning your semester activities in an organized manner, you are advised to view schedule of upcoming Assignments, Quizzes and GDBs in the overview tab of the course website on VU-LMS.

mgt613 Assignment announcement

Wednesday, May 12, 2010 Posted In Edit This
Assignment # 1Dated: May 11, 10

Semester Spring 2010

Production Operations Management (MGT613)

This is to inform that Assignment (covering video lecture no. 1 to lecture no 17) will be uploaded on VULMS according to the following schedule

Opening Date and Time

May 13, 2010 At 12:01 AM (Mid-Night)

Closing Date and Time

May 17, 2010 At 11:59 PM (Mid-Night)

Note: Only in the case of Assignment, 24 Hrs extra / grace period after the above mentioned due date is usually available to overcome uploading difficulties which may be faced by the students on last date. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.

Important:

1. For acquiring the relevant knowledge, do not rely only on handouts but watch the course video lectures, which can be downloaded for free from www.youtube.com/vu, and also use other reference books.

2. For planning your semester activities in an organized manner, you are advised to view schedule of upcoming Assignments, Quizzes and GDBs in the overview tab of the course website on VU-LMS.


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