Legal aspects of Supply Chain Management SCDL Paper - 1

 Legal aspects of supply chain management

1. Which legislation governs the formation and enforcement of contracts in India?

   a) The Indian Contract Act, 1872

   b) The Sale of Goods Act, 1930

   c) The Negotiable Instruments Act, 1881

   d) The Consumer Protection Act, 1986

2. Which act regulates the sale and purchase of goods in India?

   a) The Indian Contract Act, 1872

   b) The Sale of Goods Act, 1930

   c) The Negotiable Instruments Act, 1881

   d) The Consumer Protection Act, 1986

3. Which law deals with the issuance and transfer of negotiable instruments in India?

   a) The Indian Contract Act, 1872

   b) The Sale of Goods Act, 1930

   c) The Negotiable Instruments Act, 1881

   d) The Consumer Protection Act, 1986

4. Which act provides protection to consumers against unfair trade practices?

   a) The Indian Contract Act, 1872

   b) The Sale of Goods Act, 1930

   c) The Negotiable Instruments Act, 1881

   d) The Consumer Protection Act, 1986

5. Which legislation ensures accuracy in weighing and measuring instruments used in trade?

   a) The Indian Contract Act, 1872

   b) The Sale of Goods Act, 1930

   c) The Standards of Weights and Measures Act, 1976

   d) The Consumer Protection Act, 1986

6. Discuss the key provisions of the Indian Contract Act, 1872, that are relevant to supply chain management.

7. Explain the rights and liabilities of a buyer and a seller under the Sale of Goods Act, 1930.

8. Describe the various types of negotiable instruments and their characteristics as per the Negotiable Instruments Act, 1881.

9. Analyze the significance of the Consumer Protection Act, 1986, in protecting consumer rights in the context of supply chain management.

10. Discuss the obligations and responsibilities of suppliers under the Standards of Weights and Measures Act, 1976.

11. _______ laws regulate the establishment and operation of insurance companies in India.

12. An _______ is a legal agreement between an individual or entity and an insurance company to provide financial compensation for specified risks.

13. The _______ Act, along with its amendments, governs the taxation of income in India.

14. The _______ Act, 1944, deals with the levy and collection of excise duty on goods manufactured or produced in India.

15. _______ laws encompass various regulations related to employment, wages, working conditions, and industrial disputes.

16. The _______ Act and the Contract Labour Act provide specific provisions to protect the rights of child laborers and contract workers, respectively.

17. Documentation laws ensure that necessary _______ are maintained in the supply chain process.

18. The _______ Act, 1988, regulates the licensing, registration, and use of motor vehicles in India.

19. The Indian Contract Act, 1872, specifies that an agreement is valid only if it is made by the free _______ of parties competent to contract.

20. _______ laws impose certain obligations on insurance companies to protect the interests of policyholders and regulate their operations.

ANSWERS:

MCQs:

1. Which legislation governs the formation and enforcement of contracts in India?

   Answer: a) The Indian Contract Act, 1872

2. Which act regulates the sale and purchase of goods in India?

   Answer: b) The Sale of Goods Act, 1930

3. Which law deals with the issuance and transfer of negotiable instruments in India?

   Answer: c) The Negotiable Instruments Act, 1881

4. Which act provides protection to consumers against unfair trade practices?

   Answer: d) The Consumer Protection Act, 1986

5. Which legislation ensures accuracy in weighing and measuring instruments used in trade?

   Answer: c) The Standards of Weights and Measures Act, 1976

Fill in the Blanks:

11. Insurance Laws regulate the establishment and operation of insurance companies in India.

12. An Insurance Cover is a legal agreement between an individual or entity and an insurance company to provide financial compensation for specified risks.

13. The Income Tax Act, along with its amendments, governs the taxation of income in India.

14. The Central Excise Act, 1944, deals with the levy and collection of excise duty on goods manufactured or produced in India.

15. Labour Laws encompass various regulations related to employment, wages, working conditions, and industrial disputes.

16. The Child Labour Act and the Contract Labour Act provide specific provisions to protect the rights of child laborers and contract workers, respectively.

17. Documentation laws ensure that necessary records are maintained in the supply chain process.

18. The Motor Vehicles Act, 1988, regulates the licensing, registration, and use of motor vehicles in India.

19. The Indian Contract Act, 1872, specifies that an agreement is valid only if it is made by the free consent of parties competent to contract.

20. Insurance laws impose certain obligations on insurance companies to protect the interests of policyholders and regulate their operations.

Performance & Potential Management Exam Paper - 10

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 Submitted By: Sushma Kalyan

 Thanks Sushma Kalyan for sharing and helping other fellow students. 

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PGDHRM-“Performance & Potential Management” exam paper – 22 March

 

Subjective Questions:

 

1.       Do’s and Don’ts of coaching.

2.       Who are eligible for higher Promotions?

3.       What the steps followed during 360-degree evaluation process?

 

Objective:

 

1.       Competency model links competency with ____________. (Competency goals, competency analysis, competency job)

 

2.        The notion of performance management partnership clearly denotes that there is a shared responsibility between the;
1] jobholder
2] supervisor

3] colleague

4] peers

 

3.       What does contribution related reward includes

1] Planned pay

2] Reward for individual/team contributions

3] Target given to individual
4] Management

 

 

4.       What is supervisors responsibility in Performance planning

1] Make Task Assignment
2] Train and coach employee
3] Give ongoing feedback

4] Controlling

 

5.       Judgemental objective focuses on ____________________.

 

6.       Match the Following

 

1] Specific                           clear objectives
2] Measurable                   quantitative term

 3] Ambitious                     think out of the box

4] Realistic                         achievable yet exciting

                                           include key check points

                                           define target date

 

7.       Choose the correct order of steps to be followed in PMS implementation process:

 

(the correct order is as below)

a.       Goal setting

b.       KRA’s

c.        Actions

d.       Self-appraisals

e.       Joint Review

f.        Management action

 

8.       Spontaneous feedback is most often informational – True

9.       Judgemental objective focuses on ________.

10.    A Supervisor must also recommend measures to help remove weaknesses.

11.    Read HALO effect, HORNS effect, Defensiveness.

12.    Read about “Assessment Centres”.

13.    Compensation is what employees receive in exchange for their contribution/service to the organisation.

14.    Read about supervisors and managers responsibilities.

15.    Flow chart of Performance Management System (PMS).

16.    Read about MBO – Management by Business Objectives. (Compulsory question on this topic).

17.    Read about 360-degrees evaluation/feedback/assessment process, its drawbacks, who are all the sources for this type of feedback, steps followed during the this evaluation process.

18.    (Compulsory question) read about PA-Performance Appraisal.

19.    Read about counselling, coaching and training.

20.    Development is seen to be very effective amongst individuals who are open to ----------------- and learning from feedback.

21.    Employees look forward for growth and opportunities.

Big data with Data Warehousing and Data Mining - 2

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 Submitted By: Shaurya 

 Thanks Shaurya for sharing and helping other fellow students. 

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1. What is the primary purpose of a data warehouse?

   a) Real-time transaction processing

   b) Data storage for backups

   c) Analyzing large volumes of data

   d) Managing relational databases

2. Which of the following best describes data warehousing?

   a) Storing data in a centralized repository

   b) Performing online transactions

   c) Analyzing real-time data streams

   d) Creating data visualizations

3. What is the difference between operational data and data warehouse data?

   a) Operational data is historical, while data warehouse data is real-time.

   b) Operational data is structured, while data warehouse data is unstructured.

   c) Operational data is used for daily operations, while data warehouse data is used for analysis.

   d) Operational data is stored in cloud servers, while data warehouse data is stored on-premises.

4. Which of the following is NOT a characteristic of a data warehouse?

   a) Integrated data

   b) Real-time data processing

   c) Subject-oriented data

   d) Historical data

5. What is the main purpose of an Extract, Transform, Load (ETL) process in a data warehouse?

   a) Extracting data from external sources

   b) Transforming data into a suitable format

   c) Loading data into the data warehouse

   d) All of the above

6. Which architectural component of a data warehouse is responsible for storing large volumes of data?

   a) Data mart

   b) Data cube

   c) Data warehouse server

   d) Metadata repository

7. What is the role of a data mart in a data warehouse architecture?

   a) Storing detailed transactional data

   b) Storing aggregated data for specific departments or business units

   c) Managing ETL processes

   d) Performing data mining operations

8. In dimensional modeling, what is a fact table?

   a) A table that stores textual descriptions of data

   b) A table that stores primary keys and foreign keys

   c) A table that stores numerical measurements or metrics

   d) A table that stores metadata information

9. What is a dimension table in dimensional modeling?

   a) A table that stores primary keys and foreign keys

   b) A table that stores textual descriptions of data

   c) A table that stores numerical measurements or metrics

   d) A table that stores metadata information

10. What is OLAP short for?

    a) Online Analytical Processing

    b) Operational Language for Analyzing Patterns

    c) On-Demand Localized Analysis Platform

    d) Offline Logical Aggregation Procedure

11. Which of the following is NOT a step in the ETL process?

    a) Extraction

    b) Transaction

    c) Transformation

    d) Loading

12. What is data mining?

    a) Extracting valuable minerals from the earth

    b) Analyzing large volumes of data to discover patterns and relationships

    c) Managing data in a structured database

    d) Storing data in a data warehouse

13. What are the main goals of data mining?

    a) Predictive modeling and trend analysis

    b) Data cleansing and data integration

    c) Data visualization and reporting

    d) Database optimization and query performance

14. Which data mining technique is used to classify data into predefined categories or classes?

    a) Clustering

    b) Association rule mining

    c) Classification

    d) Regression analysis

15. Which data mining technique is used to discover patterns or associations in data?

    a) Clustering

    b) Association rule mining

    c) Classification

    d) Regression analysis

16. Which industry commonly uses data mining for fraud detection?

    a) Healthcare

    b) Retail

    c) Banking

    d) Education

17. What is the goal of market basket analysis?

    a) Predicting customer churn

    b) Identifying associations between products

    c) Analyzing social media sentiment

    d) Estimating customer lifetime value

18. What is big data?

    a) Data that cannot be analyzed

    b) Data that exceeds the capacity of traditional database systems

    c) Data that is stored in the cloud

    d) Data that is generated by artificial intelligence algorithms

19. Which of the following is NOT a characteristic of big data?

    a) Volume

    b) Velocity

    c) Variety

    d) Validation

20. What is Hadoop?

    a) A programming language for data analysis

    b) A distributed file system for storing big data

    c) A data integration tool for ETL processes

    d) A database management system for data warehousing

Big data with Data Warehousing and Data Mining

|Big data with Data Warehousing and Data Mining SCDL Exam Paper 2|

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