Month: August 2019

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When a market is established for a certain industry it needs to cater to all the segments of the buyers. And usually one of the key reason for segmentation is the price point of the product because there are people who have a limited budget who need value for money products and there are people for whom cost is not a significant consideration and the quality and even the personality of the product are the only major considerations. And when you start to evaluate the options you are likely to be somewhere in between as you certainly want great quality but you do not want to unnecessarily spend a lot as well.

Take for example the market for weighing scales. Here is where you can take advantage of legal for trade scales. On the one hand you are assured great quality because the administration certifies the quality of these scales and at the same time you get competitive pricing because these scales are in great demand thanks to a statutory requirement. And thanks to the great demand there is competition amongst the manufacturers which leads to value for money pricing.

And if you need to make weight measurements as part of a commercial process then you may be required by law to use a legal for trade scale. But even if you are not required by law, a legal for trade scale still offers a strong value proposition. When you buy one you can be sure the extra amount you are paying is for a more accurate and a more durable performance which in the long term will pay for itself and then some more.

You can buy these scales conveniently by going online. They are available for a wide variety of application that covers most imaginable needs for a weighing scale. Therefore you need not worry that a legal for trade scale, suitable for you will not be found. You can view the images and inform yourself about the product specifications. You can also compare prices easily and make a confident choice. You can see the latest legal for trade scales at www.paylessscales.com.

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Group Discussion (GD) is the integral part of final selection process at most of the B-schools.
MBAUniverse.com brings to you a series of real account of GD, PI, WAT round at Top B School for admission in the session 2013-15.

Given below is the realistic account of Group Discussion with 8 candidates for admission to one of the top Business school.

GD topic – Business lobbying be made legal in India.

Raman- Friends, I am Raman and would like to begin the discussion since time is short. Our country is passing through the fierce debates on Lobbying. The print and electronic media have been discussing this issue as it directly affects the lower income groups. Lobbying in fact are the attempts made by certain Corporate Groups to influence the direction of legislative policy of a country or state in such a manner so as to bring benefits to them and safeguard their interests.
Sushma- (Interrupting) I think let us have your views instead of wasting our time on defining lobbying.

Raman In fact, if we do not have clarity on the topic, we may not be able to express our views on it. Nevertheless, let me share my views. India does not have any clear regulation for or against lobbying, especially when it comes by the name of lobbying. But it is not legal either.
Sushma Friends, in my view allowing business lobbying will mean legalising an illegal activity. Lobbyists will give the corruption legal term. The politicians, influential people, will still garner their share from the lobbyists at the National cost.
Sudarshan- I beg to differ, Sushma. Lobbying industry helps their clients in understanding the policy environment of the country. They help them in identifying key players and their positions in the policy area. The key players could be political parties, bureaucrats, Central government, panchayat government etc.
Udai – No, I disagree. If the thefts, dacoities, smuggling continue despite the presence of law enforcing agencies, it doesnt mean that we should make them legal. In my view Lobbying must be declared a criminal activity and if running in any form, should be stopped. Our country is already facing many problems, it should not be added to it. Everyone should agree with me.

Rajan Oh yes, Raman you are right. I also think on the same lines. The person or the company lobbying for certain favour cannot lobby till our government, legislative body- Parliament or the state legislature have not considered some path to move on.
Abhinav Friends, there is no doubt that business lobbying has become one of the most debatable issues in the country. Whenever India has gone for some big leap in policy framing that favoured Corporates in one or other way the issue of lobbying has always come up. Whether it was Enron Dabhol power project in Maharashtra, Foreign Investment in corporate sector, big defence purchases, Infrastructure development and now Foreign Direct Investment in multi brand retail- all have been shadowed by the issue of lobbying.

Krishna kumar – Well, Making lobbying legal will bring forth open debates and discussions on all the forums. It will become possible to understand for one and all which option might be better. These lobbyists and representatives of their companies will openly participate in such debates with the pros and cons on the performance and product. Lobbying in fact brings more competitiveness but making lobbying legal will be harmful- the lobbying should not be made legal in India.

___________________________________

Expert feedback – The group overall actively participated.

1. Raman Top rated in the group and recommended

2. Sushma Not recommended

3. Sudarshan Rated 3rd in the group. Recommended if more than two are required from the group.

4. Udai Not recommended.

5. Rajan Not recommended.

6. Aparajita Not recommended

7. Abhinav Rated 2nd recommended.

8. Krishna Kumar – Not recommended.

For more real account of GD, PI and WAT round visit the URL below:

Real account of WAT round: ‘Be precise, balance ideas with fact and maintain the flow’

Real account of Essay round at top B-school: 6 essays & their evaluations

Real account of GD round at top B-school for MBA admissions 2013

A legal for trade scale is basically a precision weighing scale that has approval of National Type Evaluation Program (NTEP) administered by National Conference of Weights and Measures (NCWM). The scale is used for commercial operations where product is sold by weight. The scale is tested in accordance with the codes laid down by the handbook 44 of the National Institute of Standards and Technology (NIST).

A legal for trade scale is subjected to stringent testing before it is awarded the certificate that allows the manufacturer to indent the legal-for-trade-mark on them. This makes it possible for them to sell the precision weighing scale to the end user for commercial use. The high quality electronic components and technology used in the manufacturing process, makes the NTEP scale costlier than a weighing scale that does not have the mark, legal-for- trade- mark.

The quality conformance test checks the weighing machine over a specified voltage range and subjects it to varying temperature. It closely monitors the ability of the balance machine to maintain a high degree of accuracy in-spite of repeated loading that is one-half of its capacity.

It is necessary to check for important features of a legal for trade digital scale to see whether it matches the NTEP and individual requirements. Some features like dual display, capacity versus display, Tare feature, computer pricing, printer, spill proof covering, battery and or 110v connection, removable platform, warranty and price should be checked thoroughly before investing in the precision weighing scale.

The new regulations make in mandatory to indent -Not for Direct Sales- on legal for trade scales that do not have the dual display unit. This makes it necessary for the end-user to install a second display unit in such a manner that it gives the customer an unhindered view of the weight reading. This ensures a greater transparency during the weight reading and ensures compliance of good business practice on the part of the end-user. When there is greater trust between the seller and the buyer it is good for both of them. You can learn more at www.paylessscales.com.

About Author :

Lawrence has been in the weighing machines industry for the last 14 years. He has been interested in the penetration of digital scales across various market segments. He has participated in the wide adoption of digital scales such as floor scales by small, medium and large businesses. His special area of interest has been maximizing the value proposition of a digital scale. You can know more at www.paylessscales.com.