faculty of commerce bachelor of commerce...after a meeting between the parties in february,...

FACULTY OF COMMERCE

BACHELOR OF COMMERCE

1ST YEAR - SEMESTER 1

ASSIGNMENT HANDBOOK 2018

BUSINESS MANAGEMENT 511 RICHFIELD GRADUATE INSTITUTE OF TECHNOLOGY (PTY) LTD

FACULTY OF LEADERSHIP AND BUSINESS

ASSIGNMENT COVER SHEET

Name & Surname: ______________________ ICAS No: _________________________

Qualification: __________________ Year: _______ Module Name: BUSINESS MAN 511__

Specialization: _________________________ Assignment Due Date: _______________

ID Number: __________________ Date submitted: __________ Semester: _______________

ASSESSMENT CRITERIA MARK

ALLOCATION EXAMINER’S

MARK MODERATOR’S

MARKS REMARKS

MARKS FOR CONTENT

QUESTION ONE 75

QUESTION TWO

QUESTION THREE

QUESTION FOUR

QUESTION FIVE

TOTAL 75

MARKS FOR TECHNICAL ASPECTS

1. TABLE OF CONTENTS Accurate numbering according to the numbering in text and page numbers

2

2. LAYOUT AND SPELLING Font – Calibri 12 Line Spacing -1.0 Margin should be Justified

3

3. REFERENCE According to the Harvard Method

5

4. ORAL PRESENTATION (To be presented in front of the

subject Lecture or panel)

15

TOTAL MARKS 25

TOTAL MARKS FOR ASSIGNMENT 100

EXAMINER’S COMMENTS

MODERATOR’S COMMENTS

Name of the Examiner : __________________ Name of the Moderator: __________________ Signature of Examiner: __________________ Signature of Moderator: __________________ Date : ___________________ Date: ____________________

NB: 1. Candidates are advised to read the guide lines in the study guide.

2. Each student is required to do an oral presentation of their assignments and marks to be

allocated as above rubric.

3. For reference use prescribed, recommended books and other resources you may come

across.

4. Correct Harvard referencing carries (5 Marks).

The purpose of an assignment is to ensure that the Student is able to:

Use methods of enquiry and research in a disciplined field.

Interpret and evaluate text.

Have a sound understanding of key principles and theories, rules and awareness.

Solve unfamiliar problems using correct procedures as well as investigate and critically analyse information and report thereof.

Present and communicate information reliably and coherently.

Instructions and guidelines for writing assignments

1. Use the correct cover page provided by the institution.

2. All essay type assignments must include the following:

2.1. Table of contents

2.2. Introduction

2.3. Main body with subheadings

2.4. Recommendations and Conclusions

2.5. Bibliography

3. The length of the entire assignment must have minimum of 5 pages. Typed with font size 11 Calibri. 1.5 spacing

4. The quality of work submitted is more important than the number of assigned pages.

5. Copying is a serious offence which attracts a severe penalty and must be avoided at all costs. If any student transgresses the institution Plagiarism policy, that student will be subjected to the penalty as per the institution Plagiarism policy.

6. While attempting the Assignments students are advised to comply with the plagiarism guidelines provided to you before the commencement of the academic work for the semester. Any deviation from the guidelines would attract undue penalty.

7. Harvard Referencing to be adhered to at all times while attempting the assignments.

8. The above provided Rubric is applicable only for theory modules and the Modules which are quantitative in nature will have different Rubric which will provided separately along with the respective assignment questions.

Read the case study below and answer ALL the questions that follow.

Shoprite will “sacrifice profits”

The Shoprite brand is one of the leaders in South African food retailing and is, according to independent market research, the brand of choice of the highest percentage of South Africans consumers. Since starting out as a small chain of supermarkets in 1979, the Shoprite brand gained remains the core business of the Shoprite Group of Companies and its main brand. Over the years it has also become one of South Africa’s most trusted brands.

Shoprite’s winning philosophy is to offer customers a convenient shopping experience in clean stores where they can be assured that they are paying the lowest prices for their basic food and household’s requirements. Shoprite customers also benefit from value – added services offered in –store such as the Money Market counter comprising Comp ticket and various third – party account payment options. There are also Medi-Rite pharmacies and a growing number of liquor stores in close proximity.

The CEO of Pan – African retailer Shoprite, Whitney Basson, says the company is prepared to sacrifice profits to remain “the cheapest food retailer in South Africa”. “We can’t afford to let that area of our branding slip,” said Basson, who was speaking at a presentation of the company’s result for the six months to end- December 2008.

Growth in trading profit outpaced the 27, 3 percent growth I turnover to R29,6bn, with trading profit up 38,2percent to R1,4 bn. Shoprite said the fall in gross margin from 20 percent for the first half of the financial year 2007 to 19,4 per cent was due to a “sacrifice” of R170 m, this was to “support consumers trying to cope with higher food inflation”, said Basson. A R27m saving on fuel costs following reductions in the prices of diesel and petrol in late 2008 was also passed on to consumers.

The trading margin rose from 4,4 to 4,8 per cent, “a Factor of strong growth in turnover against a much slower increase in expenditure and subsequent growth in trading profit,” the company said.

Retailers have been the focus of negative consumer sentiment towards the high price of food. In the late January, Pick n Pay CEO Nick Badminton sent a letter to 30 of that company’s biggest suppliers urging them to “exercise serious restraint” with their increases.

After a meeting between the parties in February, suppliers blamed their suppliers in turn for persistently high prices and suggested there were areas of monopolistic practices in the packaging, tin, paraffin wax, glass and fertiliser sectors.

Asked whether Shoprite had taken similar action with its suppliers, Basson told Fin24.com: “We have been controlling our suppliers for 30 years and not just in the last month when it became nice to talk about it.” He said Shoprite had written formal letters to all its suppliers on 5 January asking for reasons why prices were being increased and imploring them to keep costs down. “The problem is that SA has too few suppliers. It’s probably not very difficult just

to read two or three supplier prices and match prices in that way. The base of suppliers and products in SA is just too small by world standards.”

Flight to value

Citing figures released by consulting firm Nielsen, Shoprite said it was witnessing a flight to the perceived value offered by its brands – the Shoprite, USave and Checkers formats. For the six months to December, Shoprite gained 1,6 percentage points in market share while Pick ‘n Pay and Woolworths saw declines of 1,2 and 1,4 percentage points respectively.

At Checkers, Christmas 2008 sales grew by over 30 percent, Basson said. “When bad (economic) new stories hit the market, Checkers was there to take customers in. It’s gaining customers at the top end and losing customers at the bottom end (lower-income group), which is exactly where we want to be.”

He said total customers grew by 8,5 percent, with the total basket size rising by 15,2 percent. Internal inflation of 16,9 percent lagged the customer price index’s food inflation figure of 17,5 percent by 0,6 percent. The group opened 44 new stores in SA over the six-month period, with three closures; this took the store base to 667. The group confirmed it would be opening 77 new stores by June 2010.

Chief Investment Officer at Gryphon Asset Management, Abri du Plessis, says Shoprite results are “excellent”. Du Plessis attributed Shoprite’s performance to its positioning at the low-income end of the market: “That helped Shoprite when people were buying down due to high food inflation. Consumers cut back on durables and semi-durables to buy food and liquor for Christmas parties.”

He said food inflation helped Shoprite as there is high inflation at the lower end of the market. He added that Pick ‘n Pay expects its inflation to be 14 to 15 percent. Another facilitator in Shoprite’s success was government’s roll-out of social grants over the past year: “this spending assisted the retail sector,” says Du Plessis.

Sources: Adapted article by Ana Monteiro & Nolulamo Matutu, 18 February 2008. http://www.fin24.com/aricles/default/display_article.aspx?ArticleID=2472103(Accessed on May 2009)

http//www.shoprite.co.za/pages/127416071/About.asp (Assessed on 25 May 2009)

Questions:

1.1 Do you think that Shoprite wields some bargaining power as a buyer? (20)

1.2 Evaluate Shoprite’s competitive advantage position regarding the other four aspects of Porter’s Five Forces model? (35)

1.3 Examine the key success factors for Shoprite and how they can maintain the market share. (20)

ECONOMICS 511 RICHFIELD GRADUATE INSTITUTE OF TECHNOLOGY (PTY) LTD

ECONOMICS 511



Qualification: __________________ Year: _______ Module Name: ____________________




ALLOCATION

EXAMINER’S

MARK

MODERATOR’S

MARKS REMARKS

MARKS FOR CONTENT

QUESTION ONE 30

QUESTION TWO 45

QUESTION THREE

QUESTION FOUR

QUESTION FIVE

TOTAL 75


5. TABLE OF CONTENTS

Accurate numbering according to the

numbering in text and page numbers

2

6. LAYOUT AND SPELLING

Font – Calibri 12

Line Spacing -1.0

Margin should be Justified

3

7. REFERENCE

According to the Harvard Method 5

8. ORAL PRESENTATION

(To be presented in front of the


15

TOTAL MARKS 25




Name of the Examiner : __________________ Name of the Moderator: __________________

Signature of Examiner: __________________ Signature of Moderator: __________________

Date : ___________________ Date: ____________________





across.












10.2. Introduction



10.5. Bibliography

11. The length of the entire assignment must have minimum of 5 pages. Typed with font size 12 Calibri





QUESTION 1 (30) “Society uses its scarce resources to produce goods and services. The alternatives and choices it faces can best be understood through a model of production possibilities.” In terms of the above statement, fully discuss the production possibility frontier (PPF) can be used to

explain the concept of scarcity, choice, opportunity cost, and efficient, inefficient and unattainable

points of production. Use a diagram to motivate your answer.

QUESTION 2 (45) Read the news clip below and answer the questions that follow:

Is DStv killing competition in South Africa – ICASA will investigate ICASA will investigate the “lack of competition” in South Africa’s subscription TV market.

The Independent Communications Authority of South Africa has announced it will launch an

investigation into South Africa’s subscription television broadcasting market.

“ICASA has the responsibility to ensure that all communications and broadcasting service markets

are open, competitive, and sustainable,” said ICASA.

It said the investigation is meant to address concerns raised by industry stakeholders, and is a way

for ICASA to determine why so few subscription TV services have launched in South Africa.

“Despite multiple attempts to introduce competition in the subscription broadcasting market,

only two licensees have been able to launch services.”

ICASA is referring to players like TopTV, which applied for business rescue in 2012, was bought by

StarTimes, and renamed to StarSat.

“The two entrants have been plagued with sustainability challenges and the others not yet begun

operations.”

ICASA said it will:

1. Gather information through stakeholder questionnaires, meetings, and written submissions.

2. Publish a discussion document for public comments. 3. Publish a findings document.

There will also be a period for stakeholders to ask questions, and an FAQ document will be

published.

ICASA said it expects the discussion document to be published before the end of September 2016.

The entire process is scheduled to be finished before the end of the current financial year,

provided stakeholders hold to the deadline.

“Effective stakeholder participation is a key element of the process and its successful outcomes,”

said ICASA. Source: http://mybroadband.co.za/news/broadcasting

http://mybroadband.co.za/news/broadcasting

2.1 How would you classify the South Africa’s subscription television broadcasting market? (2) 2.2 Using relevant theories and graphs explain the South Africa’s subscription television

broadcasting market. (30) 2.3 “Despite multiple attempts to introduce competition in the subscription broadcasting

market, only two licensees have been able to launch services.” With reference to the above quote explain the advantages and disadvantages of introducing other service providers to the subscription television market both to DSTV and to consumers. (28)

ACCOUNTING 511

BUSINESS ADMINISTRATION, MANAGEMNT& COMMERCIAL SCIENCES

ACCOUNTING 511 ASSIGNMENT

1ST SEMESTER_2018 Name & Surname: ____________________________________________ ICAS No: _________________

Qualification: ______________________

Specialization: _____________________ Date Submitted: ___________

QUESTION NUMBER MARK ALLOCATION EXAMINER MARKS MODERATOR

MARKS

(a) 41

(b) 59

TOTAL 100

Examiner’s Comments:

Moderator’s Comments:

Signature of Examiner: Signature of Moderator:

The purpose of an assignment is to ensure that the Learner is able to:

Demonstrate an understanding of accounting principles.

Systematically record the financial aspects of business transactions.

Prepare financial statements to know the result of business operations for a particular period of time.

To meet the financial information needs of the decision-makers and help them in rational decision-making.

Report the results and position of business to “Users” of financial statements.

Presenting ‘true and fair’ view of financial transactions.

Show accurate calculations for all transactions. ASSIGNMENT QUESTIONS Pre-adjustment trial balance of The DJ Traders for the year ended 31 March 2017

Debit (R) Credit (R)

Capital – 1 April 2016 325 000.00

Drawings 1 625.00

Land and buildings 438 750.00

Furniture and equipment 146 250.00

Motor vehicles 152 750.00

Accumulated depreciation: Furniture and equipment – 1 April 2016

23 400.00

Accumulated depreciation: Motor vehicles – 1 April 2016 21 385.00

Fixed deposit (Havana) 39 000.00

Bank 8 450.00

Debtors control 14 625.00

Allowance for credit losses – 1 April 2016 438.75

Allowance for settlement discount granted – 1 April 2016 175.50

Petty cash 1 787.50

Trading inventory 8 937.50

Mortgage loan 162 500.00

Creditors control 17 225.00

Cash float 4 387.50

Rent deposit 16 250.00

Credit card account 46 637.50

SARS (UIF/SDL/PAYE) 11 862.50

Sales 599 657.50

Sales returns 26 422.50

Cost of Sales 289 181.75

Service income 36 562.50

Interest on fixed deposit 11 375.00

Rent income 28 112.50

Interest on debtors accounts 5 362.50

Credit losses recovered 2 762.50

Electricity 11 635.00

Credit losses 3 965.00

Fuel 7 085.00

Postage and stationery 1 755.00

Cleaning materials 3 152.50

Insurance 6 922.50

Advertising expenses 9 327.50

Interest on creditors accounts 2 827.50

Rent expense 5 005.00

Bank charges 1 495.00

Repairs and maintenance 5 330.00

Wages and salaries 85 540.00

1 292 456.75 1 292 456.75

Additional information and adjustments as at 31 March 2017:

1. Provide for depreciation as follows:

On furniture and equipment: 16% per annum on cost. Note that a new equipment

costing R22 500.00, was bought on July 1, 2016. This has been properly recorded.

On motor vehicles: 14% per annum on the reducing balance method.

2. A debtor, R. Todd, who owed R658.13, has been declared insolvent. The business received

45 cents in the rand from the insolvent estate. This transaction must still be recorded. Write

the rest of the debt off as irrecoverable.

3. An allowance for credit losses of 2.50% of trade receivables should be maintained. Adjust

the allowance for settlement discount granted to 3.50% of good book debtors.

4. R207.03 has been recovered in cash from a debtor whose account had previously been

written off as irrecoverable. No entry has been made as yet.

5. The electricity expense for March 2017 has not yet been paid, R1 057.73.

6. Insurance for April 2017 has been prepaid, R532.50.

7. Service income has not been received for March 2017, R3 323.86.

8. The rent income for April 2017 has been received already, R2 162.50.

9. An invoice for R564.00 has been received from Tele-Advertising for advertising expenses.

This transaction has not yet been recorded.

10. An amount of R541.00 was paid to Moray Garage for delivery (by rail) of trading inventory to

the business. This was debited to the fuel account in error (which has not yet been

corrected). The inventory to which the railage applies has not yet been sold.

11. The owner took trading inventory for personal use. The selling price was R812.00 (VAT is not

applicable). The mark up is 45% on cost price. The transaction must still be processed.

12. The stock take revealed the following items on hand:

Trading inventory – R7 937.47

Postage and stationery – R912.60

Cleaning materials – R1 733.88

13. Provide for the interest on the mortgage loan. Interest is calculated at 13% per annum. The

liability was re-paid (redeemed) by R40 000.00 on December 1, 2016. There were no other

additional loans or repayments during the financial year, but twelve end-of month

instalments of R1 489.58 each are due to be repaid on the loan, starting at the end of April

2017.

Note: The owner made no further capital contributions during the year in question.

The DJ Traders applies the perpetual inventory system

You are required to:

a) Prepare the Statement of Profit or Loss and Other Comprehensive Income for DJ Traders for the

year ended 31 March 2017. (41)

b) Draft the Statement of Financial Position for DJ Traders as at 31 March 2017. (59)

NB: Show all workings.

BUSINESS STATISTICS 511

BUSINESS ADMINISTRATION, MANAGEMNT& COMMERCIAL SCIENCES

BUSINESS STATISTICS 511 ASSIGNMENT

1ST SEMESTER_2018 Name & Surname: ____________________________________________ ICAS No: _________________

Qualification: ______________________

Specialization: _____________________ Date Submitted: ___________

QUESTION NUMBER MARK ALLOCATION EXAMINER MARKS MODERATOR

MARKS

1 25

2 25

3 25

4 25

TOTAL 100

Examiner’s Comments:

Moderator’s Comments:

Signature of Examiner: Signature of Moderator:

The purpose of an assignment is to ensure that the Learner is able to:

make informed decisions based on data

correctly apply a variety of statistical procedures and tests

know the uses, capabilities and limitations of various statistical procedures

interpret the results of statistical procedures and tests

ASSIGNMENT QUESTIONS

QUESTION ONE (25 MARKS)

1.1 Bob Stone is the owner of a large fleet of taxis in Stanger, Kwa-Zulu Natal. He is trying to estimate

the operating cost to his taxi business for the financial year ending 31 December 2019. One of

the major costs is fuel purchases. To estimate fuel purchases, Bob Stone needs to know the total

distance his taxis will travel next year, the cost of a gallon of fuel, and the fuel mileage of his taxis.

Bob Stone has been provided with the first two figure (distance estimate and cost of a gallon of

fuel). However, because of the high cost of a gasoline, he has recently converted his taxis to

operate on propane. He has measured and recorded the propane mileage (in miles per gallon)

for 62 taxis.

1.1.1 Define the following terms and substantiate your definition by quoting, from the above

case study, the relevant example for each term defined:

1.1.1.1 Population of interest (4)

1.1.1.2 Parameter (4)

1.1.1.3 Sample (4)

1.1.1.4 Statistic (4)

1.1.2 Describe briefly how the statistic will produce the kind of information Bob Stone wants.

(3)

1.2 Refer to the data set below and answer the questions that follow:

5, 6, 2, 4, 7, 8, 3, 5, 6, 6

Calculate the following:

1.2.1 Mean (2)

1.2.2 Median (2)

1.2.3 Range (2)

QUESTION TWO (25 MARKS)

2.1 The table below shows records of scores of 400 examinees at a college of higher

education in South Africa:

Score B.A BSC B.COM TOTAL

Below 50 90 30 60 180

Between 50 and 60 20 70 70 160

Above 60 10 30 20 60

TOTAL 120 130 150 400

If an examinee is selected at random from this group, find:

2.1.1 The probability that he is a commerce graduate (5)

2.1.2 The probability that he is a science graduate, given that his score is above 60 (5)

2.1.3 The probability that his score is below 50, given that he is B.A (5)

2.2 ABC Couriers (a parcel delivery company), has found that the delivery time of parcels to clients in

the Pietermaritzburg (PMB) area after airport collection is normally distributed with a mean

delivery time equal to 45 minutes (µ=45) and a standard deviation of 8 minutes (𝜎 = 8). For a

newly arrived consignment at PMB airport, what is the probability that a randomly selected

parcel will take:

2.2.1 Between 45 and 51 minutes to deliver to the client? (5)

2.2.2 Less than 48 minutes to deliver? (5)

QUESTION THREE (25 MARKS) An oil company is studying the relationship between the daily traffic count and the number of gallons of gasoline pumped at company stations. A sample of eight company owned stations is selected and the following information obtained:

Location Total Gallons of Gas Pumped Traffic count of vehicles

West St. 120 000 4 000

Willoughby St. 180 000 6 000

Mallard Rd. 140 000 5 000

Pheasant Rd. 150 000 5 000

I-75 210 000 8 000

Kinzua Rd. 100 000 3 000

Front St. 90 000 3 000

Indiana Ave. 80 000 2 000

Use the information above to answer the following questions: 3.1 Develop a scatter diagram with the amount of gasoline pumped as the dependent variable. (7)

3.2 Compute the coefficient of correlation. (12)

3.3 Compute the coefficient of determination. (3)

3.4 Interpret the meaning of the coefficient of determination. (3)

QUESTION FOUR (25 MARKS) 4.1 A Car Hiring firm rents out only Opel and Ford cars. Experience has shown that one in four

clients request to hire an Opel car. If five reservations are received on a given day, what is the

probability that two clients will have received an Opel car? (5)

4.2 Scott Insurance has found that 20% (one in five) of all insurance policies are surrendered

(cashed in) before their maturity date. Assume that 10 policies are randomly selected from the

company’s policy database:

4.2.1 What is the probability that four of these insurance policies will have been surrendered

before maturity date? (5)

4.2.2 What is the probability that no more than three of these ten insurance policies will have

been surrendered before maturity date? (5)

4.3 Ronald Properties is a global company specialising in rental office accommodation. An analysis

of lease records at their Durban branch has established that, on average, five lease agreements

are signed per day for office space in the Durban metropolitan area.

4.3.1 What is the probability that, on a given day the Durban branch will sign only three lease

agreements for office space? (5)

4.3.2 What is the probability that on a given day, the Durban branch will sign at most two

lease agreements for office space? (5)

INFORMATION SYSTEMS 511 ASSIGNMENT COVER SHEET


Qualification: __________________ Year: _______ Module Name: ____________________




ALLOCATION

EXAMINER’S

MARK

MODERATOR’S

MARKS REMARKS

MARKS FOR CONTENT

QUESTION ONE

QUESTION TWO

QUESTION THREE

QUESTION FOUR

QUESTION FIVE

TOTAL 85


1. TABLE OF CONTENTS Accurate numbering according to the

numbering in text and page numbers

4

2. LAYOUT AND SPELLING Font – Calibri 12

Line Spacing -1.0

Margin should be Justified

4


7

TOTAL MARKS 15




Name of the Examiner : __________________ Name of the Moderator: __________________

Signature of Examiner: __________________ Signature of Moderator: __________________

Date : ___________________ Date: ____________________

NB: 1.Candidates are advised to read the guide lines on page 2.

2. Assignment questions are on page 3.

3. For reference use prescribed, recommended books and other resources you may come across.

4. Correct referencing carries ( Marks).








1. Use the correct cover page provided by the institution. 2. All essay type assignments must include the following:

2.1 Table of contents 2.2 Introduction 2.3 Main body with subheadings 2.4 Conclusions and recommendations 2.5 Bibliography



5. Copying is a serious offence which attracts a severe penalty and must be avoided at all costs. If any student transgresses this rule, the lecturer will retain the assignments and ask the affected students to resubmit a new assignment which will be capped at 50%.

6. Use the Harvard referencing method.

7. Please note that these guidelines are not applicable to quantitative subjects like Accounting and Statistics.

Questions 1 (40 MARKS)

A program, or software, consists of a series of related instructions, organized for a common

purpose, that tells the computer what tasks to perform and how to perform them. An

application, or app, sometimes called application software, consists of programs designed to

make users more productive and/or assist them with personal tasks. Other programs, often

called tools or utilities, enable you to perform maintenance-type task usually related to

managing devices, media, and programs used by computer and mobile devices. An operating

system is a set of programs that coordinates all the activities among computer or mobile

device hardware

1.1 Describe how an operating system interacts with applications and hardware. Discuss the

steps involved. (10)

1.2 Identify and describe key features of productivity applications. (5)

Mobile operating system is the heart of smart phone. Various mobile operating systems like

Android, iOS, Windows Phone, Blackberry, Tizen, Sailfish OS, Ubuntu Touch, Firefox OS are

available. Each of them has some common as well as unique specialized features.

1.3 Discussed their various features for Android, iOS, Windows Phone and Blackberry and

Tizen like App support, OS updates, voice assistance, cloud services, map, voice

assistance, security and reliability, market share, customization rights and camera

settings. (25)

Question 2 (20 MARKS)

ENTERPRISE STORAGE Enterprise hardware allows large organizations to manage and store

data and information using devices intended for heavy use, maximum efficiency, and

maximum availability. The availability of hardware to users is a measure of how often it is

online. Enterprise storage often uses Fibre Channel (FC) technology as the interface that

connects the devices to the network because FC technology has much faster transmission

rates than SCSI and other previously discussed interfaces.

2.1 Using practical examples e.g. diagrams, describe and discuss Network Attached Storage

(SAN) and Storage Area Network (SAN). (15)

2.2 Using examples differentiate between a smart card and magnetic stripe card. Which one

do you prefer and why? (5)

Question 3 Practical Questions ( 25 MARKS)

Write formulas for the operations based on the spreadsheet given below along with the

relevant cell address. You are require to answer the following questions.

A B C D E F G H

1 SNO Name Science Math’s Computers Total Symbol Average

2 1 Swati 70 80 87 -- -- --

3 2 Shruti 90 98 89 -- -- --

4 3 Neelu 90 90 98 -- -- --

5 4 Rosy 60 76 79 -- -- --

6 5 Shreya 50 45 67 -- -- --

7 Max -- -- --

Min -- -- --

8 Total -- -- --

a) Calculate the sum of Total Marks of Science, Math’s & Computers for each student

and display them in column F. (5)

b) Calculate the average marks for each student and display them in column H. (3)

c) Identify the highest marks in Computers and copy the formula display it in cell C7-

E7. (5)

d) Calculate the total number of students appearing for the Science test and other

modules and display it in cell C8-E8. (5)

e) Use the “If statement” to insert Symbols from G2-G6 (7)

HUMAN RESOURCE MANAGEMENT 511



Qualification: __________________ Year: _______ Module Name: _______________





MARK MODERATOR’S

MARKS REMARKS

MARKS FOR CONTENT

QUESTION ONE

QUESTION TWO

QUESTION THREE

QUESTION FOUR

QUESTION FIVE

TOTAL 75



2


3


5

7. ORAL PRESENTATION (To be presented in front of the


15

TOTAL MARKS 25









across.












2.2. Introduction



2.5. Bibliography

3. The length of the entire assignment must have minimum of 5 pages. Typed with font size 11 Calibri. 1.5 spacing






QUESTION ONE (25 MARKS)

What information is necessary to develop job descriptions? What are some of the qualities of a well – constructed job description? Using the information plan a job description of a finance administrator

QUESTION TWO (25 MARKS)

What is meant by the term “diversity”? Why is diversity training an important concern for HR management? Discuss the impact of Diversity Management on the productivity of an organsition. Support your essay with theory and practical examples.

QUESTION THREE (25 MARKS)

HR is every manager’s business. Why is the management of human resources key to every

management job in every organization, regardless of whether there is a human resources department

in the organization?

MARKETING MANAGEMENT 511 ASSIGNMENT COVER SHEET

Name & Surname: ______________________ ICAS No: _________________________ Qualification: __________________ Year: _______ Module Name: ____________________ Specialization: _________________________ Assignment Due Date: _______________ ID Number: __________________ Date submitted: __________ Semester: _______________



MARK MODERATOR’S

MARKS REMARKS

MARKS FOR CONTENT

QUESTION ONE

QUESTION TWO

QUESTION THREE

QUESTION FOUR

QUESTION FIVE

TOTAL 85





11. ORAL PRESENTATION (To be presented in front of the subject Lecture or panel)

TOTAL MARKS 15





NB: 1. Candidates are advised to read the guide lines in the study guide. 2. Each student is required to do an oral presentation of their assignments and marks to be

allocated as above rubric. 3. For reference use prescribed, recommended books and other resources you may come across. 4. Correct Harvard referencing carries (5 Marks).







Instructions and guidelines for writing assignments 9. Use the correct cover page provided by the institution.



10.2. Introduction



10.5. Bibliography







Swatch Revolutionizes Watch Manufacturer

In the early 1980s the Swiss watch industry was nearly dead. Competition from cheap but often high-quality products from Far Eastern manufacturers such as Seiko and Casio had almost obliterated the traditional Swiss industry. Trying to protect their investments, the Swiss banks organized a merger of the two largest companies on the advice of Nicolas Hayek, now boss of Swatch’s parent company SMH, formed from the merger. He saw the potential of a new plastic-cased watch which was already being developed inside one of the companies. One of its major advantages was that it could be made in high volume at very low cost. The quartz mechanism was built directly into the all-plastic case using very few components, less than half the number in most other watches. Fewer components also meant that the manufacture of the watch could be fully automated. This made Swatches cheap to produce even in Switzerland, which has one of the highest labor costs in the world.

The innovative design, some creative marketing, but above all else the operation’s success at producing the watch cheaper than anyone else brought the company significant rewards. In the early 1980s the total market share for all Swiss watches was around 25 per cent; ten years later it had more than doubled. The ability to offer a good watch at a low price had released the potential of the watch to become a fashion accessory. Swatch’s operations reaped the benefits of high volume but had to cope with an ever-increasing variety of product designs. Through automation and rigid standardization of the internal mechanism of the watch, the company managed this increase in variety without it crippling its costs. It is the success of the company’s operations managers in keeping their costs low (direct labor cost is less than 7 per cent of the total cost of production) that has allowed Swatch to succeed. Not that everything the company has done has been successful. Some designs never caught the public imagination and some distribution and marketing mistakes were made, especially in the United States. However, continuing innovation, high quality and low cost make it much easier to overcome such problems.

Based on the case study, answer all the questions that follow for this section. You may make any reasonable assumptions that you believe may be useful in answering the questions.

1. Describe what you think has been the contribution of the marketing function, the

product design function and the operations function to the success of Swatch?

(30)

2. How do you think Swatch compares with most watch manufacturers? Use marketing

environment analysis tools to execute your comparison. (30)

3. Identify and discuss possible reasons why some of Swatch products never reached

the market. Make recommendations to Swatch that will enable them to make sure

that their new products reach and succeed in the market during their new product

development and launching phases. (25)

Presentation (15)

faculty of commerce bachelor of commerce...after a meeting between the parties in february,...

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