Tuesday, 27 June 2017

mk0010 smu mba spring 2017 (jul/aug 2017 exam) IIIrd sem assignment

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PROGRAM
Master of Business Administration - MBA
SEMESTER
III
SUBJECT CODE & NAME
MK0010
SALES DISTRIBUTION & SUPPLY CHAIN MANAGEMENT

Qus:1 Define Sales Management. Enlist the various decisions Sales planning primarily
deals with.
Answer: The American Marketing Association (AMA) defines sales management as pertaining comprehensively to the planning, direction, and control of the personal selling activities of a business unit, including recruiting, selecting, training, equipping, assigning, routing, supervising, paying, and


Qus:2 Explain the types of Compensation Plans. What are the steps involved in
Compensation Plan?
Answer: Compensation plans can be varied to suit the purpose. We shall now look at the different types of plans and their rationale:
(i)                 Straight salary: When a compensation plan is fixed for a given period of time and has no relationship to the output of the salesperson, such a plan is referred to as a straight salary plan; for example, `



Qus:3 Explain Marketing Channels. What are the various functions of Marketing
Channels?
Answer:  Marketing channels ensure availability of goods and services to customers at locations

Qus:4 Write short notes on Supply Chain Management and four stages of policy
integration.
Answer: Supply chain management is the process of planning, implementing and controlling operations for serving customers as efficiently as possible. It includes all activities involved in sourcing, procurement, conversion and logistics. A number of definitions are available in literature for Supply Chain Management. All these have a common theme – they reflect the idea of coordinating

Qus:5 Explain the Procurement Cycle.
Answer: Procurement and inventory management is a critical component of contemporary supply chain. With the increase in division of labour to facilitate speed, process integration and response to customer preferences, there is a burgeoning need for a modern sourcing system. The amount of expenditure involved in procurement is an indispensable component of an organization’s budget. Procurement and inventory management facilitates in supplying items for running


Qus:6 Explain Benchmarking. What are the various types of Benchmarking?
Answer: Benchmarking has been used variedly to refer to several activities. Several definitions have described as ‘benchmarking’. Some of these definitions are discussed to emphasize the

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