Wednesday, May 6, 2020

Machine learning for Managers Part-1 Introduction

Introduction to Machine learning for managers


Before we explore the world of machine learning, we need to understand a few basics of Machine learning.
This will bring you in the comfort zone as many managers lack engineering knowledge.

Input:

The raw data required for the analysis. This data may be from survey, observations, or from data sets. 
Marketing: Customers purchased data in a Big bazaar retail out let for a month..
Human Resources: Employees training data for last ten years.
Finance: Stock price of FMCG products in last five years on a daily basis.
Operations: The cost of packaging for multiple orders from multiple customers in the firm for last two years.

Algorithm:

Machine learning field works on the algorithms to identify the predicted value. Thus, it is necessary for us to know basics of algorithms. These are set of rules a manager introduces to get the forecast value.
Let us understand with some examples;

Marketing: 

A manager would like to know the best sales promotion tool for his online marketing campaign in different markets. The set of rules are as follows:
Step1; START
Step2; Define promotional too used by a company Search ads, display ads,
Step 3; Define different markets: Panaji, Mumbai, Bengaluru, Delhi, and Chennai.
Step4; Define revnue from diffrent markets.
Step 5: Define cost of promotion types in different markets.
Step 6; Calculate Revenue per market per campaign.
Step 7: Calculate the best ROI for a promotion on a market wise
Step 8; STOP.

Human  Resource Management:

A human resource manager would like to know influence of educational qualification in completing a particular project. This will help them in recruiting a better candidate next time. The rules can be;
Step1: START
Step 2: Extract the education qualification data from employee records say CS, IS, Mechanical, Civil etc...
Step 3; Collect project time taken by each employee.
Step 4: Identify the project difficulty level easy, medium and difficult.
Step 5: identify the best combination of difficulty, qualification and optimum time.
Step 6: STOP.

Finance:

A finance manager want to construct a portfolio of stocks to recommend his clients. The algorithm can be set as below:
Step 1; START
Step 2 : Collect P/E ratio of all NSE stocks and set range of expectation.
Step 3: Collect EPS data for all NSE stocks
Step 4: Collect dividend announced by companies in last five years.
Step5: Define sector names ( Automobile, Bank, IT etc..0
Step 6: Calculate top 10 companies a sector wise on P/E, EPS and Dividend.
Step 7; Collect predicted growth rate for each sector.
Step 8; Divide company in Step 6 based on STEP 7 paramter.
Step 9; STOP



66 comments:

SARVESH MAJATI said...

Algorithm
Marketing:
A manager wants to know the best market survey method before designing a product and launching it in market.The steps are as follows:

STEP1:Start
STEP2:Define the marketing survey techniques
used by companies.
STEP3:Select the area where the research
should be conducted.
STEP4:Define age,gender,target audience in the
Selected area.
STEP5:Select the best method of survey.
STEP6:Define the cost involved in conducting
the selected survey method.
STEP7:Define the use of data in designing the
product
STEP8:STOP

Anushree Navelkar said...

Anushree Sinai Navelkar
USN-2GZ19MBA37
In a way, Machine Learning works in a similar way to human learning. For example, if a child is shown images with specific objects on them, they can learn to identify and differentiate between them. Machine Learning works in the same way: Through data input and certain commands, the computer is enabled to "learn" to identify certain objects (persons, objects, etc.) and to distinguish between them. For this purpose, the software is supplied with data and trained.
Algorithm to enable software to independently generate solutions:-
1. Start
2. The required algorithms and data must be fed into the systems in advance.
3. The respective analysis rules for the recognition of patterns in the data stock must be defined.
4. Finding, extracting and summarizing relevant data
5. Making predictions based on the analysis data
6.Calculating probabilities for specific results
7.Adapting to certain developments autonomously
8.Optimizing processes based on recognized patterns
9. Stop

Saakshi Rajput 2GZ19MBA26 said...

Human Resource Management

An HR Manager of a Company wants to know the Influence of the Working Environment on the Employee Job Satisfaction.
The Rules can be as follows :
Step 1 : START

Step 2 : Prepare a questionnaire in google form, which includes 10 questions testing employee satisfaction at the job

Step 3 : Circulate the questionnaire among all employees

Step 4 : Collect Data

Step 5 : Analyze Data

Step 6 : Identify the Various Reasons for Satisfaction or Dissatisfaction

Step 7 : Communicate with necessary employees

Step 8 : Improve the Working Conditions for the employee for better job satisfaction

Step 9 : STOP

Vishal Nakadi said...

Step by step algorithm for digital marketing:
1)Define your segment and target audience.
2)Find where your audience lives in digital world where they are active, what they read, where they shop, their fashion preferences etc.
3)Chose the most relevant combination of digital channels like Sites, social networks, publications etc
4)Build a distinct brand and value proposition.
5)Speak to your customers in their language across the digital channels that matter to them.
6)Think of multiple touch points when advertising, Display ads which are suitable for all audiences.
7)Find a group of reviewers/evangelists.
8)Listen to the feedback, irrespective of where it comes from.
9)Understand the analytics per channel to find potential growth and measure ROI.
10)Review, optimize and refine all of the above.
11)Stop.

Mary 3 said...
This comment has been removed by the author.
Pooja Koliwad said...
This comment has been removed by the author.
Pooja Koliwad said...

Pooja Koliwad
USN: 2GZ19MBA12
Roll.no: 32 'A'

Algorithm: Now we have a bigger picture of how this sorting technique works, so we can derive simple steps by which we can achieve insertion sort.

This process goes on until all the unsorted values are covered in a sorted sub-list. Now we shall see some programming aspects of insertion sort.

Step 1 − If it is the first element, it is already sorted. return 1;
Step 2 − Pick next element
Step 3 − Compare with all elements in the sorted sub-list
Step 4 − Shift all the elements in the sorted sub-list that is greater than the
value to be sorted
Step 5 − Insert the value
Step 6 − Repeat until list is sorted

Mary 3 said...

Mary Kudnavar
Roll No:- 23 Div:- A
USN:- 2GI19MBA52

Step 1:- Start
Step 2:- A company wants to expand its business and needs 5 crore.
Step 3:- How the company should raise the capital?
Step 4:- Divide into 2-3 options (like 2crore from equity capital, 1crore from preference shares and 2crore from debentures)
Step 5:- Calculate EPS for the following option
Step 6:- Check which gives high EPS and select that option
Step 7:- apply the selected option
Step 8:- Stop

Reply

Jyoti bhadaganvi said...

Jyoti bhadaganvi
2GI19MBA36
Example: As a finance manager creating a trading system scartch in amibroker software.
Steps 1: start
Step 2: formulate trading plans.
Step 3: convert idea into algorithm.
Step 4: analyze the algorithm.
Step 5:optimise the algorithm parameter.
Step 6: stop

Vijay ganji 2GZ19MBA46 said...

Vijay ganji 2GZ19MBA46
Sub-Employee satisfaction and turnover
1 Start
2 extract the data from the employees regarding their designation, educational qualification, Salary etc
3 collect the information from the employees from how many years/months devar working in an organisation
4 identify the purpose of resignation by taking their feedback
5 try to improve (reduce) the factors that leads to dissatisfaction and employees turnover
6 stop

Shubham Hande said...

Algorithm for marketing
Manager wants to increase sales of cooling appliances in summer
1. Start
2. Use various survey techniques to know demand and previous year sales value
3. Compare it with previous year data and customer feedback.
4. Based on it place the order of cooling appliances eg air conditioner, refrigerators etc .
5 allow discount to customers.
6 provide complementary products with cooling appliances to increase sales
7. Keep track on daily sold items and revenue generated
8. Stop

Shubham Hande
2GI19MBA32

Prajakta patil said...

Name : Prajakta patil
USN :2GZ19MBA08

lgorithm
Marketing:
A manager wants to know the market survey method before designing a product and launching it in market.The steps are as follows:2

STEP1:Start
STEP2:Define the marketing survey techniquesused by companies.
STEP3:Select the area where the research
should be conducted.
STEP4:Define age,gender,target audience in theSelected area.
STEP5:Select the method of survey.
STEP6:Define the cost involved in conducting
the selected survey method.
STEP7:Define the use of data in designing the
product
STEP8:STOP

Pearl Colaço said...

Pearl Colaço
USN: 2GI19MBA20

Random Forests:
As the name might suggest, the random forest algorithm is based on a multitude of decision trees.

In order to understand better the advantages and logic of this algorithm, let’s start with an example:

You are looking for a good travel destination for your next vacation. You ask your best friend for his opinion. He asks you questions about your previous trips and makes a recommendation.

You decide to ask a group of friends who ask you questions randomly. They each make a recommendation. The chosen destination is the one that has been the most recommended by your friends.

The recommendations made by your best friend and the group will both make good destination choices. But when the first recommendation method works very well for you, the second will be more reliable for other people.

Steps:
1. We take a number X of observations from the starting dataset (with discount).

2. We take a number K of the M variables available (features), for example: only temperature and population density

3. We create a decision tree on this dataset.

4. Steps 1. to 4. are repeated N times so as to obtain N trees.

To obtain the class of a new observation we go down the N trees. Each tree will predict a different class. The class chosen is the one that is most represented among all the trees in the forest.

PREETI SHINDE said...

Preeti.N.Shinde
2GZ19MBA18

Algorithm
Human Resources
An HR manager of the company wants to know the best ways to reduce employees turnover in the organization.
STEP 1 : START
STEP 2 : Collect list of employees turnover.
STEP 3 : Identify the reasons for turnover.
STEP 4 : Collect the data of salary, bonus, benefits etc. Provided to employees.
STEP 5 : Collect information of other companies offerings and working conditions to employees.
STEP 6 : Communicate to employees about problems they are facing in the organization.
STEP 7 : Measures to satisfy employees like better working conditions, extra benefits, more incentives etc.
STEP 8 : STOP

Anonymous said...

ĶMarketing:
A company wants to know about the customers feedback on a particular service provided by the company.
The steps are:

Step 1: START

Step 2: Prepare the feedback form which includes the aspects company wants to know about

Step 3: Send the feedback form to all customers

Step 4: Collect the feedbacks

Step 5: Examine all the data from feedbacks

Step 6: Analyze the problems and communicate the same to the employees

Step 7: Evaluate necessary steps to be taken

Step 8: Improve the service rendering process as per the requirements

Step 9: STOP

Unknown said...

Nagaratna K
59
2GI19MBA55
HRM  is designed to maximize employee performance in service of an employer's strategic objectives.

Followed by algorithm:

Step1: Start

Step2: Company ambitions in next 5 years

Step3: What are all should be achieved to reach that goal

Step4: Required candidate to achieve those and hiring

Step5: Analysis done through the process to know about satisfaction level or dissatisfaction level

Step6: Further steps taken to rectify it

Step7: Improvement in working and hiring conditions

Step8: Stop

Pakshal Mehta 2GZ19MBA07 said...

Marketing:
A company wants to know about the customers feedback on a particular service provided by the company.
The steps are:

Step 1: START

Step 2: Prepare the feedback form which includes the aspects company wants to know about

Step 3: Send the feedback form to all customers

Step 4: Collect the feedbacks

Step 5: Examine all the data from feedbacks

Step 6: Analyze the problems and communicate the same to the employees

Step 7: Evaluate necessary steps to be taken

Step 8: Improve the service rendering process as per the requirements

Step 9: STOP

Akash Patil said...
This comment has been removed by the author.
Akash Patil said...

Marketing:
A Marketing Manager would like to know the best Advertising Tool for offline marketing campaign in different markets.
The set of rules are as follows:
Step1; START

Step2; Define Advertising Tools used by a company like Hoarding, Banners, Pamphlets, etc

Step 3; Define different markets: Pune, Mumbai, Bengaluru, Delhi, and Chennai.

Step4; Define revnue from diffrent markets.

Step 5: Define cost of Advertising in different markets.

Step 6; Calculate Revenue per market per campaign.

Step 7: Calculate the best ROI for an Advertisment on market wise.

Step 8; STOP.

Mumtaz Naik said...
This comment has been removed by the author.
Samantha Dharamdasani said...
This comment has been removed by the author.
Mumtaz Naik said...

Name: Mumtaz Naik
USN: 2GI19MBA54

Step 1:- Start
Step 2:- A company want to boost sales up-to 10 CR.
Step 3:- How the company should market and advertise the product?
Step 4:- formulate 2-3 options for advertising (*social media influencer, *through TV commercials, * through the brand ambassador)
Step 5:- Calculate monthly sales for the following option
Step 6:- Check which gives higher sales benefits and select that option
Step 7:- apply the selected option
Step 8:- Stop

Unknown said...

Prachi shivangekar
2GZ19MBA14

Marketing:
A Marketing Manager would like to know the best Advertising Tool for offline marketing campaign in different markets.
The set of rules are as follows:
Step1; START

Step2; Define Advertising Tools used by a company like Hoarding, Banners, Pamphlets, etc

Step 3; Define different markets: Pune, Mumbai, Bengaluru, Delhi, and Chennai.

Step4; Define revnue from diffrent markets.

Step 5: Define cost of Advertising in different markets.

Step 6; Calculate Revenue per market per campaign.

Step 7: Calculate the best ROI for an Advertisment on market wise.

Step 8; STOP.

Samantha Dharamdasani said...

Samantha Dharamdasani
2GZ19MBA28

Step 1 : START
Step 2: prepare a clear and simple data hiring process
Step 3: check out the data collected by Workforce planning
Step 4: Estimate the parameters of Employee satisfaction
Step 5: Concern about the employee turnover data
Step 6:Conclusion
Step 7:STOP

Unknown said...

Hayawadan Ayachit 2GI19MBA33

Algorithm Marketing : In this type of marketing company tries to know about the feedback of their products or services and improve it accordingly.
Steps involved are
1. Start
2. Prepare feedback
3. Sending feedback to the customers
4. Collecting feedback
5. Examining the feedbacks
6. Analysing problems
7. Evaluation of problems
8. Improvising problems
9. Stop

Anonymous said...

Ninad Patil 2GZ19MBA03
Marketting
Before launching a new product in the market the company has to do the survey.
Step 1 : searching the need of the customer
Step 2 : developing the product according to the need
Step 3 : promotion of the product
Step 4 : defining the price of the product
Step 5 : target audience
Step 6 : selling the product
Step 7 : stop

Soumya butale (2GZ19MBA40) said...

Soumya butale
USN 2GZ19MBA40

Algorithm for different financial plans
Step 1 start
Step 2 does the company wants to raise the fund
Step 3 if yes, decide how to raise
Step 4 look for different financial plans like equity debenture and preference shares
Step 5 decided the portion of different sources
Step 6 calculate the EPS of each financial plan
Step 7 check plan with highest EPS
Step 8 select the one which is highest
Step 9 stop.

Unknown said...

Divya Palankar
USN-2GI19MBA025
Step1:START
Step2:Identifying need within the organisation
Step3:keep relevant internal teams
Step4:job description should also IInclude information
Step5:Identifying highly-qualified potential candidates begins internally
Step 6:hiring team may prefer to review each application
Step 7:Final interview
Step8:Assign applicants one or more standardized tests
Step9: Reference check should be varified
Step10:stop

Sumesh Ghatkamble said...

Sumesh Ghatkamble
USN:2GZ19MBA44

lgorithm
Marketing:
A manager wants to know the market survey method before designing a product and launching it in market.The steps are as follows:2

STEP1:Start
STEP2:Define the marketing survey techniquesused by companies.
STEP3:Select the area where the research
should be conducted.
STEP4:Define age,gender,target audience in theSelected area.
STEP5:Select the method of survey.
STEP6:Define the cost involved in conducting
the selected survey method.
STEP7:Define the use of data in designing the
product
STEP8:STOP

Anonymous said...


2GI19MBA10
Human Resources
An HR manager of the company wants to know the best ways to reduce employees turnover in the organization.
STEP 1 : START
STEP 2 : Collect list of employees turnover.
STEP 3 : Identify the reasons for turnover.
STEP 4 : Collect the data of salary, bonus, benefits etc. Provided to employees.
STEP 5 : Collect information of other companies offerings and working conditions to employees.
STEP 6 : Communicate to employees about problems they are facing in the organization.
STEP 7 : Measures to satisfy employees like better working conditions, extra benefits, more incentives etc.
STEP 8 : STOP

Anonymous said...

Amit paripattedar

2GI19MBA10
Human Resources
An HR manager of the company wants to know the best ways to reduce employees turnover in the organization.
STEP 1 : START
STEP 2 : Collect list of employees turnover.
STEP 3 : Identify the reasons for turnover.
STEP 4 : Collect the data of salary, bonus, benefits etc. Provided to employees.
STEP 5 : Collect information of other companies offerings and working conditions to employees.
STEP 6 : Communicate to employees about problems they are facing in the organization.
STEP 7 : Measures to satisfy employees like better working conditions, extra benefits, more incentives etc.
STEP 8 : STOP

Sneha said...

Roll no 21
Usn : 2GI19MBA47

Step 1 : Start
Step2 : A company wants to outsource its recruitment practices
Step 3 : Whom should the company trust
Step 4:Finalising 3 the most prominent outsourcing companies
Step 5: Analysing the least charged with services provided
Step 6 : Apply the selected option
Step 7: Stop

Manikant goni 2GI19MBA49 said...

Roll no 22
USN-2GI19MBA49
Step 1:start
Step 2: Obtain a description of the problem.This step is much more difficult than it appears.
Step 3: Analyze the problem.
Step 4: Develop a high-level algorithm.
Step 5: Refine the algorithm by adding more detail.
Step 6: Review the algorithm.

Anynomous said...

Keerti Karmuse
2GI19MBA39

Marketing:
1) START
2)Prepare feedback
3)send feedback to customers
4)collect
5)Examine
6)Analyse problems
7)Evaluate
8)Improve
9) STOP

Unknown said...

Komal kalyani
USN 2GI19MBA44

Human resource manager want to know the job satisfaction of the employees
Step 1: start
Step 2: preparing the questionnaire to get feed back from employees.
Step3: giving questionnaireto employees to know tr job satisfaction of tr job
Step 4:to analyse the survey.
Step 5: after analysing understanding and applying for execution.
Step 6:determine the changes
Step 7: stop

Vinanti Majukar said...
This comment has been removed by the author.
Pranali Padaki 2GZ19MBA16 said...

Pranali Padaki
2GZ19MBA19

HR MANAGER: An HR Manager is the person who look for the candidates for their company as their employees. He manager need to gather the required data and he need to go through the algorithm: i.e the correct procedure.

STEP 1: Start
STEP 2: to collect the proper list of the candidaye from ducation resource like College institutions .
STEP 3: prepare the list of job available and being applied for.
STEP 4: Collect the data regarding the qualifications skills, and experience of the candidates.
STEP 5: The method of selecting the candidate or employee must be adopted.
STEP 6: Define the selection process.
STEP 7: Conduct the selection process.
STEP 8: Select the appropriate candidate.
STEP 9: RECRUIT.
STEP 10: STOP.

Unknown said...

Dixita.s.savant
USN: 2GI19MBA27
HR manager wants to know best process and methods to recruit the employees
Step 1 : START
Step 2: prepare a clear and simple data hiring process
Step 3: check out the data collected by Workforce planning
Step 4: Estimate the parameters of Employee satisfaction
Step 5: Concern about the employee turnover data
Step 6:Recruit
Step 7:STOP

Ganesh Dundi 2GI19MBA30 said...

USN : 2GI19MBA30

Every algorithm needs a process in order to be created and utilized. Described below are the four stages of algorithm analysis and design:

Design
The first stage is to identify the problem and thoroughly understand it. This is where it’s important you consult with everybody who has an interest in the problem. Speak with them and see how they see the problem and what they need out of the solution so their part of the project or program can progress.

After you obtain the input, break out the problem into stages and calculate what happens at each step so the next step can occur. All of this is elementary and you probably did this from the first computer science class you ever took, but the same basic rules apply.

This is also the point where you are going to flowchart and/or use pseudo code to work out the specific problems of solving the flow of operations within the code.

Analyze
Once you have the basic framework of the algorithm it’s time to start analyzing how efficient the code is in solving the problem. Algorithm design is fluid and subject to individual plans. This is a step that some programmers like to attack after they have coded the algorithm and run it through the compiler. Others prefer to examine it prior to writing the code and analyze results based on their expectations from the design stage.

Either way, what you are doing is looking for the efficiency of the algorithm. Algorithms are measured in time and space for their efficiency. Look at the algorithm you’re designing and see how it works with different size data structures and what kind of time it takes to work through those structures. The problem here is deciding when the algorithm has reached maximum efficiency for the project and produces acceptable results.

Implement
Writing and coding the algorithm is the next step in the process. If you are the one writing the algorithm, then you need to write it in the coding language you understand the best. In order for you to know how to write the algorithm efficiently you have to know exactly what each line of code is going to accomplish when the program is executed. Write the code to execute quickly but can also handle the input data that it will receive.

If you are part of a team then have the best programmer in your group write the initial code, notate it well so the lesser experienced programmers will understand what is happening as the application is executed.

Experiment
Once the algorithm is designed and coded go back and experiment with different variables in the algorithm. Try and enter data that will make it fail or try and re-write the code to work it out most efficiently. Experimentation in algorithmic design is really just another step of the analyzing of the algorithm. Keep attacking the efficiency aspect until it executes as much data as necessary in the smallest amount of time. When you find flaws in what you have written or ways to write the code better, then go back to the design step and redesign the algorithm.

The design and analysis of algorithms is a circular process. You may find yourself becoming involved in any one of the steps. An experiment on an existing algorithm might lead to a new design. Or a re-coding of an algorithm might lead to a more efficient execution. Wherever you find yourself, keep working towards the goal of efficiency of the algorithm.

Unknown said...

Rushikesh Verlekar
2GZ19MBA25
Marketing is the process of launching new products in the Market.

Step1:- Need
Step 2:- Demand
Step3:- Products
Step4 :- price
Step 5 :- place

Asmita shreyakar said...

Asmita shreyakar
USN: 2GI19MBA17
HR manager should have knowledge about every filed as it's handles the human beings. And their working problems or about their working influence.
Algorithm :
Step 1 - start
Step 2 - identification of problem
Step 3 - Analysing through interaction.
Step 4 - questionnaire.
Step 5 - solving the problems.

2GZ19MBA36 Shweta yadav said...

An algorithm is a set of instructions designed to perform a specific task. This can be a simple process, such as multiplying two numbers, or a complex operation, such as playing a compressed video file. In computer programming, algorithms are often created as functions.

The steps in Algorithm are as follows:-
Step 1: Obtain a description of the problem. This step is much more difficult than it appears.
Step 2: Analyze the problem.
Step 3: Develop a high-level algorithm.
Step 4: Refine the algorithm by adding more detail.
Step 5: Review the algorithm.

Vishal kurade said...

Vishal Kurade
2GZ19MBA53

Algorithm of marketing
A Manager wants to sell his new product and wants to know the market.
Algorithm
Step 1: Start
Step 2: identify the competitors
Step 3: identify the prise of similar products
Step 4: identify the suitable market
Step 5: Recognize the particular customers
Step 6: Fixing the price
Step 7: Stop

Unknown said...

Brundarika

USN NO : 2GI19MBA09

Algorithm Marketing

Steps:

1. Start
2. Data and algorithm must be into the system
3. Collect the data
4. Analyse the data
5. Evaluating the data
6. Marketing survey techniques
7. Gender,Age survey in the place
8. Feedback
9. Stop

Neha Hundre said...

Neha Hundre
2GI19MBA59

An algorithm is a procedure or formula for solving the problem, based on sequence specificed actions.

The Finance manager requires to estimate break even point of the business :

Step 1: start
Step 2: Define fixed cost.
Step 3: Define contribution margin.
Step 4: Define margin ratio.
Step 5: Calculate the sum of all expenditures
Step 6: Enter the values in formula.
Step 7: Results.
Step 8: stop

Hema Guraddi (2GI19MBA34) said...

Hema Guraddi
2GI19MBA34

HR Manager want to know the job satisfaction of the employee
Step1: START
Step2: preparing the questionnaire to get feedback from employees
Step 3: giving questionnaire employees to know the job satisfaction of tr job
Step4: to analyse the survey.
Step5: after analysing understanding and applying for execution.
Step 6: determine the changes.
Step 7: STOP

Akshata Bagadi said...

Akshata Bagadi
USN 2GI19MBA07
An algorithm is a set of instructions designed to perform a specific task. This can be a simple process, such as multiplying two numbers, or a complex operation, such as playing a compressed video file. In computer programming, algorithms are often created as functions.

The steps in Algorithm are as follows:-
Step 1: Obtain a description of the problem. This step is much more difficult than it appears.
Step 2: Analyze the problem.
Step 3: Develop a high-level algorithm.
Step 4: Refine the algorithm by adding more detail.
Step 5: Review the algorithm.

Pooja Halkarni said...

Pooja Halkarni
2GZ19MBA11
Step by step algorithm for digital marketing:
1)Define your segment and target audience.
2)Find where your audience lives in digital world where they are active, what they read, where they shop, their fashion preferences etc.
3)Chose the most relevant combination of digital channels like Sites, social networks, publications etc
4)Build a distinct brand and value proposition.
5)Speak to your customers in their language across the digital channels that matter to them.
6)Think of multiple touch points when advertising, Display ads which are suitable for all audiences.
7)Find a group of reviewers/evangelists.
8)Listen to the feedback, irrespective of where it comes from.
9)Understand the analytics per channel to find potential growth and measure ROI.
10)Review, optimize and refine all of the above.
11)Stop.

Sharvari Agnihotri said...

Sharvari Agnihotri
USN: 2GI19MBA03
A marketing manager wants to launch a new product at nykaa company which is in high end hence he wants to conduct a survey for the demand and need of the same product.The following steps are involved :
▪start
▪Define targeted audience as the product is at high end everyone may not purchase it.
▪Study the need of the product for the particular targeted audience
▪Define the proper medium to market the product
▪Study about the customer expectations, behaviour regarding the high end products.
▪Conduct online surveys and use the data to market the product strategically at the areas where there is more positive response.
▪launch the product
▪Stop

Vinanti Majukar said...

Vinanti Majukar
2GZ19MBA48

HR manager wants to know best process and methods to recruit the employees

Step 1 : START
Step 2 : define collected list of employees that have applied for the job
Step 3 : define the qualification, experience, knowledge, skills and abilities required
Step 4 : define the methods of recruitment
Step 5 : select best method based on data provided
Step 6 : define recruitment and selection process
Step 7 : define the conduct of recruitment
Setp 8 : select best candidate
Step 9 : STOP

saniya bhaldar 2GZ19MBA29 said...

Saniya bhaldar
2GZ19MBA29
Step 1:- Start
Step 2:- A company wants to expand its business and needs 5 crore.
Step 3:- How the company should raise the capital?
Step 4:- Divide into 2-3 options (like 2crore from equity capital, 1crore from preference shares and 2crore from debentures)
Step 5:- Calculate EPS for the following option
Step 6:- Check which gives high EPS and select that option
Step 7:- apply the selected option
Step 8:- Stop

Unknown said...

Anusha vibhute
USN: 2GI19MBA13

Steps involved are
1. Start
2. Prepare feedback
3. Sending feedback to the customers
4. Collecting feedback
5. Examining the feedbacks
6. Analysing problems
7. Evaluation of problems
8. Improvising problems
9. Stop

Prasad Kulkarni said...

Good

Mansi Patil said...

Manashi Patil
2GI19MBA48


Marketing includes the action or business of promoting and selling products or services, including market research and advertising. So for this he may use different set of techniques one such is algorithms preparation. So this technique may help the manager of big bazar to study the customer purchase data

Step 1- START
Step 2- Study what products are often demanded by consumers.
Step 3- Get information about why a particular product is in demand.
Step 4- Checking whether the product is in equal demand in all the regions.
Step 5- Defining the cost of promotion required in each region.
Step6- Studying the revenue earned in each stores of big bazar in all the regions.
Step 7- Taking effective decision is development or improvement.
Step 8- STOP

Prasad Kulkarni said...

Don't write general comments

Gurunath V. Shiroorkar said...

Gurunath V. Shiroorkar
2GI19MBA31
Marketing:
Step1; START
Step2; Define the effective promotional methods used.
Step3; Define the target audience.
Step4; Define the time of promotion.
Step5; Define the cost of promotion.
Step6; Calculate the reach of promotion.
Step6; Calculate the ROI for a promotion.
Step7; STOP.

Mitali B Nevagi said...

Mitali Nevagi 2GI19MBA53
HR Manager solving conflict between employees of two different departments in the form of algorithm;
Step 1: Start
Step 2: Understand the conflict between the employees
Step 3: Encourage the employees to work it out between themselves.
Step 4: Listen to both the sides.
Step 5: Understand the real issue.
Step 6: Bring in the suitable solution to there problems.
Step 7: Encourage them to communicate between themselves.
Step 8: Stop

Anonymous said...

Pooja Neelgar
2GZ19MBA13
Algorithm. An algorithm is a set of instructions designed to perform a specific task. This can be a simple process, such as multiplying two numbers, or a complex operation, such as playing a compressed video file. ... In computer programming, algorithms are often created as functions.
An Algorithm Development Process

Step 1: Obtain a description of the problem. This step is much more difficult than it appears.

Step 2: Analyze the problem.

Step 3: Develop a high-level algorithm.

Step 4: Refine the algorithm by adding more detail.

Step 5: Review the algorithm.

Anonymous said...

Numan Shaikh
2GZ19MBA04
Human resource management is important department of an organisation.
Step 1:- start
Step 2:- examine list of employees that have applied for job
Step 3:- examine educational information of an employees
Step 4:- select the method of recruitment
Step 5:- conduct recruitment process.
Step 6:- recruit suitable candidate.
Step 7:- stop.

Sneha said...

Algorithm for
Human Resource Management
HR manager of the company wants know the employees satisfaction at their work.

Step 1: Start
Step 2: Prepare the feedback form with various aspects.
Step 3: Circulate the feedback to all the employees.
Step 4: Collect the feedbacks
Step 5: Analyse the feedbacks
Step 6: Finding solution to feedbacks
Step 7: Communicating with the employees
Step 8: Understanding their problems
Step 9: Making them work under better environment
Step 10: Stop

Sneha Rajput
2GZ19MBA38

Kiran Dhamune said...

Kiran Dhamune
2GI19MBA42

Marketing
The Manager wants to promote the newly developed car service centre for all types of Cars .
1) START
2) Define the various and effective methods for promotion.
3) Prepare a Google form .
4) Collect the data in through the Google form for example Persons name, contact number, it's Car details.
5)First cover the area promoting the service centre within the area of 3/4 kms of the service centre then continue with other parts of the city.
6) Define the offers and discounts provided by the service centre on first visit.
7)Calculate the overall reach of the promotion.
8) STOP

Madmax said...

Srikumar Patil
2GZ19MBA42
Algorithm. An algorithm is a set of instructions designed to perform a specific task. This can be a simple process, such as multiplying two numbers, or a complex operation, such as playing a compressed video file. ... In computer programming, algorithms are often created as functions.
An Algorithm Development Process

Step 1: Obtain a description of the problem. This step is much more difficult than it appears.

Step 2: Analyze the problem.

Step 3: Develop a high-level algorithm.

Step 4: Refine the algorithm by adding more detail.

Step 5: Review the algorithm.

Zaki khan said...

Zaki khan
USN 2GI19MBA41, DIV- B, R.No- 17
A human resource manager of a particular company wants to find out the effectiveness of the training problem held by them.

The steps can be followed as:-
1. Start
2. Study the subject on which the questionnaire is to be prepared.
3. Prepare a set of questions on what we want to find out from the survey.( Data can be collected through primary and secondary means) if possible.
4. Prepare the questionnaire with relevant questions which can be used to find out proper data.
5. Circulate the questionnaire to all the employees.
6. Collect the questionnaire.
7. Examine all the data collected.
8. After examining the data find out the reason and reach to the conclusion of the problem.( Employee satisfaction, or problems with the training program.)
9. Take possible actions to improve the training quality.
10. Stop.

Soumya Gouranna said...

Soumya gouranna
USN : 2GZ19MBA41


A manager wants to introduce new product in the market

step 1 :Define the Problem or Opportunity. The most important part of the marketing research process is defining the problem. .
step 2 :Develop Your Marketing Research Plan.
step 3 :Collect Relevant Data and Information.
step 4 :Analyze Data and Report Findings.
step 5 :Put Your Research into Action.

Simran said...

Zaki khan
USN 2GI19MBA41, DIV- B, R.No- 17
A human resource manager of a particular company wants to find out the effectiveness of the training problem held by them.

The steps can be followed as:-
1. Start
2. Study the subject on which the questionnaire is to be prepared.
3. Prepare a set of questions on what we want to find out from the survey.( Data can be collected through primary and secondary means) if possible.
4. Prepare the questionnaire with relevant questions which can be used to find out proper data.
5. Circulate the questionnaire to all the employees.
6. Collect the questionnaire.
7. Examine all the data collected.
8. After examining the data find out the reason and reach to the conclusion of the problem.( Employee satisfaction, or problems with the training program.)
9. Take possible actions to improve the training quality.
10. Stop.

Anonymous said...

Simran sayed
USN 2GZ19MBA32 Roll no 43
DIV:B

A Human resource manager of a company wants to find out the employees satisfaction on the performance appraisal system.
The steps are:
1. Start
2. Study the topic on which questionnaire is to be prepared.
3. Prepare questionnaire.
4. Circulate the questionnaire to the employees.
5. Collect the data after allotted date.
6. Analyse the survey.
7. Identify various reason for the employee dissatisfaction towards the appraisal system.
8. Communicate with the employee who are having dissatisfaction.
9. Take relevant action to improve the quality of the appraisal system.
10. Stop.