Friday, 5 January 2018


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FALL 2017
Master of Business Administration- MBA
Semester 3

Note –The Assignment is divided into 2 sets. You have to answer all questions in both sets. Average score of both assignments scored by you will be considered as your IA score. Kindly note that answers for 10 marks questions should be approximately of 400 words.


Question. 1. What are the key human resource elements?

Answer: Human resource professionals work with a company’s most valued assets – its employees. While fulfilling the goals and mission of the business, it’s the responsibility of the HR department to ensure appropriately qualified people are in place to effectively carry out the work. At the same time, HR professionals must monitor and maintain the workforce to ensure its satisfaction with the jobs to retain experienced staffers. All the while, HR coordinates with other departments, the executive officers and outside vendors.

Question. 2. What do you mean by Human Resource Accounting (HRA)? Discuss the objectives and advantages of HRA.

Answer: Human resource accounting (HRA) is similar in principle to the financial accounting. That is, just as financial accounting reflects the costs of assets such as building and machinery, human resource accounting shows human resources as capital not as expenses. Thus, HRA shows the investment the organisation makes in its people and how their values change over a period of time. In simple words,

HRA is a sophisticated way to measure the

Question. 3. What is Manpower Planning? Mention five essential elements/steps of manpower planning.

Answer: Manpower Planning which is also called as Human Resource Planning consists of putting right number of people, right kind of people at the right place, right time, doing the right things for which they are suited for the achievement of goals of the organization. Human Resource Planning has got an important place in the arena of industrialization. Human Resource Planning has to be a systems approach and is carried out in a set


Question. 1. Discuss in details the Employee Exit Process.

Answer: Having a clear process to follow during Employee Exits will ensure you protect your business and its assets, and help the Employee leave with dignity. It is also a great time to get feedback from them about their time at your place.

Have a clear exit policy

The purpose of an employee exit policy is to have a process in place when an employee is leaving your employment (resignation, retirement, end of contract etc) When an employee resigns from their position, they should submit a written letter of resignation to their immediate supervisor based on what their notice period is. This could be stated in the employee’s letter of engagement or (if no letter exists) be linked to the National Employment

Question. 2. What are the benefits of setting up a training academy?

Answer: The main reason is to ensure your products are professionally presented to customers. Service is delivered unprecedented, so customers remember. The total performance of the front line employees, supported by highly skilled back-office staff, is what makes your organisation, your staff and your products stand out. This is the ultimate differentiation in the market. Its all based on creating the experience for the customer.

Question. 3. Write short notes on the following:

a)Competency Mapping

Answer: Competency Mapping is a process of identifying key competencies for an organization and/or a job and incorporating those competencies throughout the various processes (i.e. job evaluation, training, recruitment) of the organization. A competency is defined as a behavior (i.e. communication, leadership) rather than a skill or ability.

The steps involved in competency mapping with an end result of job evaluation include the following:

b)Succession Planning

Answer: Succession planning is the process whereby an organization ensures that employees are recruited and developed to fill each key role within the company. In this process, you ensure that you will never have a key role open for which another employee is not prepared.

Through your succession planning process, you recruit superior employees, develop their knowledge, skills, and abilities, and prepare

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