thnks...
@tanujkhanna9 Prepare well the topics which were earlier discussed in the forum and yes, do remember to follow the below method to evaluate the case study.
1> Identify the PROBLEM
2> Suggest the ALTERNATIVES
3> What is the CRITERIA
4> EVALUATE the alternatives.
5> Provide RESOLUTION.
Don't be a part of fish market or war room in GD, only your articulation skills and presentation skills are tested.
any one from hyderabad gave GDPI today...
if there pls explain ur GDPI sceanrios
any one from Hyd who did GD/PI today.....
@haunted_4cat bhai can u give the exact location of Kolkata center for GD/PI plz., i am not getting it on google map. Also can i submit the supplementary sheet on the day of GD/PI itself.
@whosaniac07 bhai can u give detail of adress of kolkatagd/pi centre and also if we get any budget hotel to stay nearby. plz
Guys Please share today's GD topics..
GD held at kolkata centre on 8th feb 2013
a gym company has started operation in 2003 in tier 1 city and gradually covered its reach in all tier 1 city. now the company wants to expand further to tier 2 and tier 3 cities. they have the cash reserve of 12 crore but need more 75 crores for expansion. the growth rate in terms of revenue and profit has been very good in last 3 years. they seem to be very ambitious.
1. will you sanction loan if you r the fund manager?
2. what business model will be good for their business, franchisee model or own brand business model? mention the pros n cons.
3. what are the challenges in this whole episode.
4. if the business had been yours, what would be your approach for expansion?
out of 10 candidate in this batch 2 were selected.
another batch 4 out of 10
next batch 7 out of 10
next batch 5 out of 10
next batch 6 out of 10
next batch 1 out of 10......and so on
total approx 100 candidates appeared...all the best guys
@yadavsaurabh : thanks a ton dude!!!! I would try to keep this thing in mind..... Would it be eas to crunch the stats in case study ????
done with the GD -PI..in kolkata...just got over with my interview...anything you would like to know..pls call...08017307937....but after 30 mins..still on my way to home..
hi guyz!!!i had my GDPI today...had the same GD topic- body mantra gym...there is nothing much that u can prepare about it cz ur answers will be based on the data whch will be given to u for GD...dun worry u will get enuf time to analyse and put ur point..and GD topics are not very tough....PI qestions r mostly abt ur work exp...though m not very satisfied with my PI...just be sure abt wht u write in CV and be urself...nothg much on current affairs...so kwing urself and ur job role will help better than knwing the current affairs...
@akumar1527 : wrt to ur GD, Could you also share your answers: following below are my replies:
1) being ambitious and their steady growth, i would like to offer loan to them, but I am totally not convinced by their over-ambitious expansion plan.
Tier II and Tier III are way different than Tier I in terms of per capita income
Also after a period of time mantaining profits in Tier I can be struggling.
So for expansion i would provide them loan but for now only for Tier II and once they are able to support growth in Tier II we an move up the next level.
2) Franchisee Model: Pros: Less Infrastructure cost
Local Market well understood
Not heavy investment required to maange
Cons: Profit Sharing
Less control
As its a new upoming market, we would like to prove first our presence and then we would move to franchisee model for expansion growth.
3) Inflation
Competitiom
Socio-Economic Inequality of Tier II and Tier III
4) After establishing name in TierI would slowly move to TierII based on surveys and analysis
Please correct me ???
1) being ambitious and their steady growth, i would like to offer loan to them, but I am totally not convinced by their over-ambitious expansion plan.
Tier II and Tier III are way different than Tier I in terms of per capita income
Also after a period of time mantaining profits in Tier I can be struggling.
So for expansion i would provide them loan but for now only for Tier II and once they are able to support growth in Tier II we an move up the next level.
2) Franchisee Model: Pros: Less Infrastructure cost
Local Market well understood
Not heavy investment required to maange
Cons: Profit Sharing
Less control
As its a new upoming market, we would like to prove first our presence and then we would move to franchisee model for expansion growth.
3) Inflation
Competitiom
Socio-Economic Inequality of Tier II and Tier III
4) After establishing name in TierI would slowly move to TierII based on surveys and analysis
Please correct me ???
@tanujkhanna9
I agree with ur point on 1 and 2. But i feel only a % of loan to be granted for Tier 2 cities also,my to start up an initial branch because this type of corporate zyms are not seen frequently.
for 3, I feel competition would not matter much in tier 2 and 3, but attracting people to zyms wold be major challenge,i.e advertising/marketing
I agree with ur point on 1 and 2. But i feel only a % of loan to be granted for Tier 2 cities also,my to start up an initial branch because this type of corporate zyms are not seen frequently.
for 3, I feel competition would not matter much in tier 2 and 3, but attracting people to zyms wold be major challenge,i.e advertising/marketing
@tanujkhanna9
my replies:
1)i would offer them loan upto some limit because firstly the company is growing well for past few years ,secondly cash reserve is only 12 crore (since we dont know the total assets of company ). Since per capita income and living standard of people living in tier-2 and tier-3 cities are completely diffrent, it would be very difficult to establish a brand name in such city.
Instead of 75 crore amount i would suggest the company should go for some small amount (lets say 10 crore) and open a branch in trial basis and based on market response and net profit then go for further expansion. This will not only reduce risk but also increase the profit margin
2) I would suggest for Franchisee model because people turn to franchising for four reasons: capital, motivated management, speed of growth, and reduced risk.
Pros-
a)minimal risk,
b)no need to invest ur own money,
c)each new franchisee brings another “body” into the organization, the franchisor can also leverage off of the efforts of these franchisees when it comes to things like site selection, lease negotiations, and other start-up functions – allowing the franchisor to grow with fewer internal resources as well.
cons:
you have the liability for every employee you hire – personal injury, sexual harassment, discrimination, employment law, crime in the workplace – the list goes on and on.
3)
Inflation
high risk
competition
4)I would like to expand my business in tier 2 cities after completing 1st trial. Based on market response and other socio economic factors i would expand my business if profit margin is high.
Please correct...