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Drive Fall 2017
Program MBA
Semester 1
Subject code &
name MBA101– Management Process and Organizational Behaviour
Book ID B1621
NUMBER
OF
ASSIGNMENTS,
CREDITS
& MARKS
ASSIGNMENT
SET-1
1 Explain the Definition and Importance of ‘management’.
Definition of Management
Importance of Management
Answer: According to Harold Koontz, “Management is an art of getting things done through
and with people in formally organised groups. It is an art of creating an
environment in which people can perform as individuals and can cooperate
towards the attainment of group goals”. According to F.W. Taylor, “Management
2 Explain the steps involved in planning process. Discuss any 5
importance of Organizing.
The steps involved in planning process
Importance of Organizing
Answer: Steps
involved in planning process
➢ Being aware of opportunities – This
means being aware of the customer needs, market, competition, our strengths,
and weaknesses. For example, Sambhavi being aware of the customer need to have
the outlets in other districts. This is usually done through market research,
competitor
3 Explain the following:
a) Definition of Leading.
b) Importance of Leading.
Definition of Leading
Explanation of the importance of Leading
Answer: a) Leading can be defined as the process of
setting direction, creating alignment, and creating engagement to deliver high
productivity and to facilitate change. Directing can be defined as the process
by which the
ASSIGNMENT
SET-2
1 Define the term Controlling? What are the prerequisites of effective
control?
Definition of controlling
Pre-requisites of effective control
Answer: Controlling can be defined as measuring and
correcting of performance to achieve the organisational goals. According to
Brech, “Controlling is a systematic exercise which is called as a process of
checking actual performance against the standards or plans with a view to
ensure adequate progress and
2 Explain the components and functions of attitude.
Explanation of the components of attitude
Explanation of the functions of attitude
Answer: Components
of attitude
➢ Cognition. It is the mental
process involved in gaining knowledge and comprehension, including thinking,
knowing, remembering, judging and problem solving. The cognition component of
an attitude reflects a person’s perceptions or beliefs. Cognitive elements are
evaluative beliefs and are
3 Define leadership. Write a brief note on
‘Contingency Theories of Leadership’.
Definition of leadership
Contingency Theories of Leadership
Answer: A simple definition of leadership is that leadership is the art of
motivating a group of people to act towards achieving a common goal. This
definition of leadership captures the leadership essentials of inspiration and
preparation. Effective leadership is based upon ideas but won't happen unless
those ideas can be communicated to others in a way that engages them. In simple
words, the leader is the inspiration and the director of
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DRIVE
Fall 2017
PROGRAM
MBA
SEMESTER
I
SUBJECT
CODE & NAME MBA102 - Business Communication
BK
ID B1622
CREDITS
4
MARKS 30 MARKS EACH
ASSIGNMENT SET -I
1 Define communication. What are the
characteristics of communication?
Definition
Characteristics
of communication
Answer: According to Newman and Summer, ““Communication is
an exchange of facts, ideas, opinions or emotions by two or more persons”.
According
to Allen Louis, “It is the sum of
all the things one person does when he wants to create an
2 What are the five types of reading?
Five
types of reading
Answer: Types of Reading
Skimming
Let
us say that you are a student of management and as suggested by your professor,
you need to buy a reference text book for writing a paper on Investment
Management or Quality Management. You go to a book store and
3 Mention the advantages and disadvantages of
intranet.
Advantages
Disadvantages
Answer: Advantages and disadvantages of intranet
➢ Discourages grapevine – Grapevine
or the informal communication network, although useful, leads to rumours. When
employees are misinformed, they become dissatisfied and de-motivated. Using the
intranet as an official channel to post information for all employees to
discourages gossip and
ASSIGNMENT SET -II
1 Explain the wheel of communication. Who are
the internal stake holders in an organization?
Wheel
of communication
Internal
Stake Holders
Answer: The wheel of
business communication reinforces –
communication is like breathing, it never stops and is a constant process.
Managers have to stay in continuous touch with their internal stakeholders like
their
2 Define meeting. Explain types of meetings.
Meeting
Types
of meeting
Answer: According to
Deborah Tannen, “A meeting is any focused conversation that has a specific
agenda, especially but not only if it has been set up in advance.” This
definition implies that meetings are not
3 Explain the barriers to listening.
Barriers
to listening
Answer: Barriers to listening
Physiological barriers
Some
people may have genuine hearing problems or deficiencies that prevent them from
listening properly. Once detected, they can generally be treated. Other people
may have difficulty in processing information, or memory related problems which
make them poor listeners. Another physiological barrier is rapid
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DRIVE
FALL
2017
PROGRAM
MBA
SEMESTER
I
SUBJECT
CODE & NAME
MBA103
- Statistics for Management
SET-I
1
Write Short notes on following methods of classification in Statistical Survey
i.
One Way Classification.
ii.
Two Way Classification
iii.
Manifold Classification.
A One Way Classification.
Two Way Classification
Manifold Classification.
Answer: a. One-way
classification – Classification done according to a single attributes or
variable is known as one way classification.
Figure below depicts the number of
students who has secured more than 60% in various sub-modules of
2
What do you mean by Statistical Averages? List various requisites of a Good
Average.
A Statistical Averages.
Requisites of a Good Average.
Answer: The statistical average or simply an
average refers to the measure of middle value of the data set. The objectives
3
In a beauty contest, the ranks provided by three different judges to 10
competitors are given in following table. Find out which pair of judges are
more associated in term of same pattern for ranking
|
Competitors
|
A
|
B
|
C
|
D
|
E
|
F
|
G
|
H
|
I
|
J
|
|
Judge 1
|
3
|
4
|
6
|
7
|
9
|
8
|
2
|
10
|
1
|
5
|
|
Judge 2
|
4
|
5
|
6
|
8
|
7
|
10
|
1
|
9
|
2
|
3
|
|
Judge 3
|
5
|
7
|
9
|
8
|
10
|
6
|
3
|
4
|
1
|
2
|
A Calculation of Rank Correlation
Interpretation
Answer: With a view to find out the Rank
Correlation between all the 3 judges we will have to find the correlation
between the following:
(i) 1st and 2nd judge
(ii) 1st and
SET-II
1
Write short notes on
a.
Type I and Type II error
b.
Level of Significance
c.
Null Hypothesis
d.
Two–tailed Tests and One–tailed Tests
e.
Test Statistics
a. Type I and Type II error
b. Level of Significance
c. Null Hypothesis
d. Two–tailed Tests and One–tailed Tests
e. Test Statistics
Answer: Type I
error: Rejecting a true null hypothesis. The probability of a type I error is
indicated by alpha (α).
Type
II error: Not rejecting a
2
Marks of 10 students out of 150 is given below
60,
110, 120, 135,110, 96, 145, 55, 95 & 125
What
is the average marks of a class, Calculate by direct & shortcut methods?
A Calculation by Direct method
Calculation by Short cut method
Answer: Direct
method
3
Production for last 7 years of XYZ ltd is given in following table
Year
2009
2010 2011
2012 2013
2014 2015
Production(in
Tons) 8 12 13
17 25 22 30
Based
on above data forecast the production for year 2016 & 2017.
A Fitting of straight line
Production for year 2016
Production for year 2017
Answer:
The trend line can be fitted by using the method of least squares for
the
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DRIVE
FALL 2017
PROGRAM
Master of Business Administration- MBA
SEMESTER
Semester 1
SUBJECT CODE & NAME
MBA 105 - MANAGERIAL ECONOMICS
SET 1
1 Define Demand Forecasting.
Elucidate the determinants of supply.
Demand
Forecasting
Determinants
of Supply
Answer: Demand forecasting seeks to
investigate and measure the forces that determine sales for existing and new
products. Generally companies plan their business - production or sales in
anticipation of future demand. Hence, forecasting future demand becomes important.
The art of successful business lies in avoiding or
2 State the Law of Demand and
also discuss the various exceptions to the law of demand
Define
law of Demand with suitable diagram
State
any five exceptions to Law of Demand
Answer: The
law of demand explains the relationship between price and quantity demanded of
a commodity. It says that demand varies inversely with the price. The law can
be explained in the following manner, “
3 Define business cycle and some
of the causes of business cycles
Define
Business Cycle
Causes
of Business Cycle
Answer: The
term business cycle refers to a wave-like fluctuation in the overall level of
economic activity; particularly in national output, income, employment, and
prices that occur in a more or less regular time sequence. It is the
SET 2
1 Explain the equilibrium of a
firm under perfect competition in the long run
Define
Perfect Competition
Equilibrium
of a firm under perfect competition in the long run
Answer:
Perfect competition is a comprehensive term which includes pure competition
too. Before we discuss the details of perfect competition, it is necessary to
have a clear idea regarding the nature and characteristics of pure competition.
Pure Competition is a part of perfect competition. Competition in the market is
said to be
2 Define Monetary Policy and
Fiscal Policy. Write down any four objectives of both Monetary and Fiscal
Policy
Meaning
of Monetary & Fiscal Policy
Objectives
of Monetary and Fiscal Policy
Answer:
Monetary policy is a part of the overall economic policy of a country. It is
employed by the government as an effective tool to promote economic stability
and achieve certain predetermined objectives. Monetary policy deals with the
total money supply and its management in an economy. It is essentially a
programme of
3 Explain Oligopoly. Explain the
features of oligopoly market.
Define
Oligopoly
Features
of Oligopoly Market (any eight)
Answer: The
term oligopoly is derived from two Greek words “Oligoi” means a few and ‘Poly’
means to sell. Under oligopoly, we come across a few producers specialising in
the production of identical goods or differentiated goods competing with one
another. The products traded by the oligopolists may be differentiated or homogeneous.
In the case of the former, we can give the example of the automobile industry
where different
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PROGRAM
MASTER
OF BUSINESS ADMINISTRATION (MBA)
SEMESTER
I
SUBJECT
CODE & NAME
MBA106
– HUMAN RESOURCE MANAGEMENT
SET
1
Qus:1 Discuss – HR forecasting
techniques with example.
Answer: The success of HR plans depends on the accuracy of the
HR forecasts that are needed to implement the organisational strategies. These
forecasting involve estimating the future requirements of the organisation in
terms of the nature and the number of people. An
Qus:2 Discuss the various methods
of training. Also state how On-the-job training is used in IT industry?
Answer: Let
us now study the various methods of training.
Following
are a few methods of training:
On-the-job training
Off the job training
On-
Qus:3 What is performance
appraisal? What are the different appraisal methods are been used in current
scenario?
Answer:
Research
confirms that effective performance management systems impact corporate
SET 2
Qus:1 State the advantages and
disadvantages of job evaluation in detail.
Answer: The
advantages of job evaluation are:
1.
Job
evaluation is a logical and an objective method of ranking jobs relative to
each other. It may thus help in removing inequities in existing wage structures
and in maintaining sound and
Qus:2 What do you mean by
Discipline? Describe – Disciplinary actions and penalty in
any industry.
Answer: Discipline is employee self-control which prompts
him/her to willingly cooperate with the organisational standards, rules,
objectives, etc.
Discipline is best defined as the observation of
principles, rules or any other laid down procedures,
Qus:3 Discuss about the Statutory
welfare facilities.
Answer: Statutory welfare facilities are facilities offered by
the organisations in compliance with the central and state government
regulations. The relevant provisions of various acts that deals
with employee
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SET-I
Q.1] Following information obtained from a manufacturing
company:
Direct Material – 150000
Office Expenses – 120000
Factory Expenses – 90000
Total Sales – 650000
Prime Cost – 450000
15% of the output is in stock
Calculate:
(a) Direct Expenses (b) Factory Cost (c) Cost of Production (d) Cost of Sale (e)Profit
Ans:
Direct materials - 150000
Factory expenses - 90000
Office expenses - 120000
Total sales – 650000
Prime cost- 450000
15% of the output is in stock
Solution:
Cost Sheet
|
Direct
Materials
|
1,50,000
|
Q.2]
|
Assets
|
Fixed
Asset
|
15,00,000
|
|
Current
Asset
|
5,00,000
|
|
Liabilities
|
Accounts
payable
|
200000
|
|
Reserve
And Surplus
|
100000
|
|
|
10%
Debentures
|
300000
|
|
|
6%
Preference Share Capital
|
300000
|
|
|
Equity
Share Capital
|
1100000
|
1. Calculate
Debt-Ratio
2. Calculate
Debt-equity Ratio
Ans:
1. Debt ratio =
Total liabilities to outsiders/Total assets
= (
Q.3] Present a Vertical Analysis of ABC
Ltd based on the following figures, also interpret the result.
|
P&L
extract for the year ended 31st March, 2017
|
|
|
Particulars
|
Amount
|
|
Sales
Less : Cost of Goods
Sold Material
Wages
Factory Overheads
|
1500000
70000
50000
10000
|
|
Gross Profit
Less : Selling &
Distribution overheads
Administrative Overheads
|
1370000
20000
15000
|
|
Earnings before
Interest and Tax
Less: Interest
|
1335000
35000
|
|
Earnings before Tax
Less: Tax
|
1300000
50000
|
|
Net Profit
|
1200000
|
|
Capital Employed
|
12000000
|
Ans:
Common-size Statement for the year ended 31st Mar 2017
SET
II
Q.1] XYZ ltd has
recorded a sale of 60000 units in a year, with a selling price of Rs 6 per
unit. Moreover, the company has recorded a prime cost and variable overhead to
be Rs 3 and Rs 1 respectively. The company had a fixed cost of Rs 100000.
1. Calculate BEP (in
Rupees)
2. Calculate MOS
Ans:
Sales – 60,000 units per annum
Selling price – Rs.6.00 per
unit
Q.2] From the following information and assumption
that the balance in hand on 1st Jan 2016 is Rs.1,35,000, prepare a cash budget
for January 2016 to June 2016
|
Month
|
Materials
|
Sales
|
Wages
|
Sales & Distribution Overhead
|
Production Overhead
|
Administrative Overhead
|
|
January
|
60900
|
154000
|
25000
|
10000
|
12000
|
2500
|
|
February
|
70000
|
145000
|
25900
|
12000
|
12000
|
2700
|
|
March
|
61000
|
123000
|
23000
|
15000
|
12000
|
2200
|
|
April
|
71000
|
113000
|
32000
|
19000
|
13000
|
4000
|
|
May
|
84000
|
170000
|
29500
|
21000
|
16000
|
3500
|
|
June
|
87600
|
155000
|
25600
|
24000
|
16000
|
3000
|
Assume
that 50% are cash sales. Assets are to be required in Feb. and April.
Therefore, provision should be made for payment of Rs. 26,000 and Rs. 60,000
for the same. An application has been made to a bank for grant of loan of Rs.
50,000 and it is hoped that it will be received in the month of May. It is
anticipated that a dividend of Rs. 70,000 will be paid in June. Debtors are
allowed 1-month credit. Sales commission @ 3% on sales is to be paid. Creditors
(for goods and overhead) grant one month’s credit.
Ans: Cash Budget
|
PARTICULARS
|
January
|
February
|
March
|
April
|
May
|
June
|
Total
|
|
RECEIPTS
|
|
|
|
|
|
|
|
Q.3] Elucidate Enterprise resource
planning and accounting.
Ans:
Enterprise Resource Planning Systems and Accounting:
Enterprise Resource Planning systems
or ERP systems are integrated software application packages that manage the
business processes end to end,
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