NMIMS ASSIGNMENTS -Arunima, Nishita, Shanaya and Komal are homemakers

NMIMS ASSIGNMENTS- NMIMS 1ST SEM APRIL 2019 READY

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Business Communication & Etiquette

1. In your opinion, which part of a presentation is most important and why? What steps do you take to ensure you truly make a mark when you present to an audience?

2. From your experience and of those around you, share how lack of trust, message complexity and difference in status impacts business communication.

(10 Marks)

3. In Crystal Corp., managers are groomed to be leaders. The organization believes in investing in their own people instead of hiring externally. In the last appraisal cycle, Preeti and Saksham were promoted as leaders of their practices. Saksham is a people's person while Preeti has a task oriented approach.

a. As far as internal organizational communication is concerned, which one do you think Preeti will practice – upward or downward and why? (5 Marks)

b. What would Saksham prefer given his leadership style? What are the disadvantages of being a people-oriented leader? (5 Marks)

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Business Economics

1. What are the important characteristics of an indifference curve. Suppose a consumer's disposable income is Rs. 5,000/- per week and she has a choice of spending the income on concerts and meals. Assume meal is available for Rs.250/- each and concerts are available for Rs.500/- each. Prepare a table of possible combinations of meals and concerts that could be bought with the income. What is your observation about the values in the table? (10 Marks)

2. Find below the data for price elasticity and income elasticity of demand for 5 different commodities. Interpret the values in the table in the light of

 Whether the demand is elastic or inelastic for each of the commodities and why

 What do you mean by negative income elastic demand in case of commodity 3

 Give example for each type of commodity.

Commodity

Price Elasticity of demand

Income elasticity of demand

1

-0.3

+0.6

2

-1.45

+5.60

3

-5.09

-1.67