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KSBM ANSWER SHEETS. MBA.EMBA.DMS.ARAVIND 9901366442

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3. In what ways has Nike been changing its business operations and processes, especially its<br />

functions, to improve its performance as it has grown and matured over time?<br />

After the meeting, Keith and Jamie just looked at each other. It was plain for Sid to see that the<br />

couple was a bit shocked and confused. The couple is not sure what to do. What specifically<br />

do you recommend and why? What would you do if faced with a similar situation?<br />

1. Do the major airlines have a strategy?<br />

2. Do a SWOT analysis for the airline industry.<br />

3. Conduct an internal/ external audit of the airline industry.<br />

4. What are some entrepreneurial and innovative business strategies the major airline carriers<br />

should adopt to avoid extinction?<br />

0<strong>9901366442</strong> – 09902787224<br />

BUSINESS LAW<br />

1) a) What is a breach of contract?<br />

b) What do you understand by an anticipatory breach of contract?<br />

c) State the rights of the promise in case of anticipatory breach.<br />

2) a) State the effect of death, insanity and insolvency of the principal or agent on a contract of<br />

agency.<br />

b) When does termination of agency takes effect? c) When is an agency irrevocable?<br />

3) Discuss the common features of a promissory note, bill of exchange and cheque.<br />

4) a) What is meant by maturity of an instrument? b) What is meant by day of grace?<br />

c) Explain the provision relating to the calculation of date of maturity.<br />

5) Explain with example the doctrine of supervening impossibility.<br />

6) a) What are the agreements by way of wager?<br />

b) State the legal effect of such agreements. c) Is a contract of insurance a wager?<br />

7) “No action is allowed on an illegal agreement. ”Comment and state the exceptions (if any) to<br />

this rule.<br />

8) a) Define Coercion. b) State the effect of Coercion on the validity of a contract.<br />

c) Does the threat of commit suicide amount to Coercion?<br />

d) On whom the burden of proof lies in case of Coercion<br />

Business Strategy<br />

i. What is the best option, in your view, for DD?

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