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Minakshi Junior College Vita Interview Questions and Answers

Updated 5 Feb 2024

Q1. Virtues and vices of e learning, writing methods to avoid plagiarism issue

Ans.

E-learning has benefits like flexibility, but plagiarism is a concern. Writing methods like paraphrasing and citation can help.

  • E-learning allows for flexibility in learning schedules and locations

  • E-learning can be cost-effective compared to traditional classroom learning

  • Plagiarism is a concern in e-learning due to the ease of copying and pasting information

  • To avoid plagiarism, one can use methods like paraphrasing and citing sources properly

  • Paraphrasing involves restating inf...read more

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Q2. Differences between employee dismissal and employee discharge.

Ans.

Employee dismissal and employee discharge are two different terms used to describe the termination of an employee's contract.

  • Employee dismissal is when an employee is fired due to poor performance or misconduct.

  • Employee discharge is when an employee is let go due to reasons beyond their control, such as company downsizing or restructuring.

  • Dismissal is usually a result of the employee's actions, while discharge is usually a result of the company's actions.

  • Dismissal is often im...read more

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Q3. Explain porters five force model with example.

Ans.

Porter's Five Forces is a framework for analyzing the competitive forces in an industry.

  • Threat of new entrants

  • Bargaining power of suppliers

  • Bargaining power of buyers

  • Threat of substitute products or services

  • Rivalry among existing competitors

  • Example: The airline industry

  • - Threat of new entrants: High capital requirements and government regulations make it difficult for new airlines to enter the market.

  • - Bargaining power of suppliers: Aircraft manufacturers have significant barg...read more

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Q4. Explain mckensy's 7s framework.

Ans.

McKinsey's 7S Framework is a management model that helps analyze and align various elements of an organization.

  • The 7S Framework consists of seven interdependent elements: Strategy, Structure, Systems, Skills, Staff, Style, and Shared Values.

  • These elements are categorized into hard elements (Strategy, Structure, Systems) and soft elements (Skills, Staff, Style, Shared Values).

  • The framework emphasizes the importance of aligning all seven elements to achieve organizational effec...read more

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Q5. What is CtoC, CtoB, BtoC?

Ans.

CtoC, CtoB, and BtoC are business models that describe the type of transactions between different entities.

  • CtoC stands for consumer-to-consumer and refers to transactions between individual consumers, such as selling items on eBay or Craigslist.

  • CtoB stands for consumer-to-business and refers to transactions where a consumer sells a product or service to a business, such as a freelance writer selling an article to a magazine.

  • BtoC stands for business-to-consumer and refers to t...read more

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Q6. What is balance score card?

Ans.

Balanced Scorecard is a strategic management tool used to measure and improve performance across four perspectives.

  • It includes financial, customer, internal processes, and learning and growth perspectives.

  • It helps organizations align their strategy with their goals and objectives.

  • It provides a framework for measuring and monitoring performance.

  • Example: A company may use the balanced scorecard to track customer satisfaction, employee engagement, financial performance, and proc...read more

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Q7. Explain PLC with example.

Ans.

PLC stands for Programmable Logic Controller. It is a digital computer used for automation of electromechanical processes.

  • PLC is used to control and monitor industrial processes.

  • It is programmed using ladder logic or other programming languages.

  • PLCs are commonly used in manufacturing, power plants, and transportation systems.

  • Example: A PLC can be used to control the operation of a conveyor belt in a factory.

  • The PLC receives input signals from sensors to detect the presence of...read more

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Q8. What is money market and capital market?

Ans.

Money market deals with short-term debt securities while capital market deals with long-term securities.

  • Money market is a market for short-term borrowing and lending, usually less than a year.

  • Capital market is a market for long-term borrowing and lending, usually more than a year.

  • Money market deals with debt securities such as treasury bills, commercial papers, and certificates of deposit.

  • Capital market deals with equity securities such as stocks and bonds.

  • Money market is les...read more

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