1. What is the main type of competition in an oligopoly?
2. What does ‘price discrimination’ mean?
3. What is the aim of price discrimination?
4. Give two reasons to justify monopolies.
1. What is your opinion about the problems of Vikas Motor Limited that have been caused due to the advent of foreign companies?
2. Do you agree with the decision of the board of directors regarding the abolition of collective bargaining and its replacement with individual employee bargaining?
3. How do you foresee the future of this company? What measures are required now to normalize the situation?
1. What is the main weakness of the Monopolies and Mergers Commission/Competition Commission?
2. Name one gateway (defense) against the charge of restrictive practice?
3. What do the regulatory watchdogs supervise?
1. What is your opinion about the problems of Vikas Motor Limited that have been caused due to the advent of foreign companies?
2. Do you agree with the decision of the board of directors regarding the abolition of collective bargaining and its replacement with individual employee bargaining?
3. How do you foresee the future of this company? What measures are required now to normalize the situation?
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Vikas Motor Limited is the second-largest two-wheeler manufacturer in the country. The company has ten brands, each performing well, and five production plants in different regions of the country. It has a single recognized union which is strong and effective with nearly 70 per cent membership of the employees. As part of its IR strategy, Vikas Motor follows a well-established collective bargaining technique for deciding labour-related issues, including wages and other benefits. Due to collective bargaining, the company has been revising the compensation packages of the employees once in three years. Collective bargaining has also ensured that the company has remained free from any major industrial dispute and disturbances for several years till date. However, the entry of foreign companies into the market, which created a price war in the two-wheeler segment instantly meant that every company in the automobile industry was forced to respond in some way to this emerging trend. Obviously, companies viewed cost reduction as the most viable approach to warding off the threat of elimination from the market. Understandably, the emphasis of Vikas Motor was also on cost cutting, and its board decided that the best strategy for wage reduction or freezing and cutting back on expensive employee benefits is the introduction of individual employee-level bargaining and the elimination of collective bargaining. The directors also felt that collective bargaining achieved the desired result on the IR front but not in terms of productivity and cost reduction. However, Mr Gupta, Director of HR and IR, differed with the general opinion of the board and advised it to look at collective bargaining as an instrument of change and not as an obstruction. Finally, the board decided to abolish collective bargaining as a wage-fixation technique and replaced it with individual employee-oriented and performance-based system for wage determination. The employees and their union received the…
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1. What is the main purpose of the medium access control (MAC) sublayer? 2. Give (3) network standards that include the MAC sublayer.
1. What is TLB? 2. Consider a machine with 64 MB physical memory and a 32-bit virtual address space. If the page size is 4KB, what is the approximate size of the page table? (a) 16 MB (b) 8 MB (c) 2 MB (d) 24 MB
1. What is the main issue that MSIL’s sales & marketing department is facing, and what are the reasons behind it? 2. How is MSIL’s customer changing and how do these changes affect MSIL? 3. Why is Maruti’s current brand image an issue for the sales & Marketing department? 4. Discuss MSIL’s strategy as a market leader and the appropriateness of these strategies given the Company’s current market scenario? 5. Review the suggested branding strategies and comment on the pros and cons of each one.
1. What is the World Trade Organization (WTO? When was the WTO created and how is it related to the GATT? 2. Roughly how many countries are members of the WTO and what are the broad issues related to agriculture that are being debated in WTO negotiations? 3. Why does the world need organizations such as the World Trade Organization (WTO)? In other words, what is the role of the World Trade Organization?
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(1) Whether Corporate Mergers create value, and if so, how large are the gains to shareholders of bidding and target firms?
(2) Does opposition to takeover bids by the managers of target firms reduce shareholder wealth?
(3) Is shareholder wealth affected by proxy contests?
(4) Does antitrust opposition to takeovers impose costs on merging firms?
(1) Whether Corporate Mergers create value, and if so, how large are the gains to shareholders of bidding and target firms use empirical evidence to back up your point of view? 600 words
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