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Drive Winter 2017
Program MBA
Semester 1
Subject code &
name MBA101/mb0038– Management Process and Organizational Behaviour
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 is an
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
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
4 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
5 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,
6 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
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DRIVE
Winter 2017
PROGRAM
MBA
SEMESTER
I
SUBJECT
CODE & NAME MBA102/mb0039 - Business Communication
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
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 see a rack full of
books, with the same title, but different authors. You do not have time to read
the pages before
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
4
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 superiors, peers, subordinates, shareholders, employees and unions. At
the same time managers have to communicate with
5 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 aimless discussions, but they require
careful planning and revolve around a specific topic that I decided in advance.
Therefore, while
5 Write an inquiry letter to the HR of ABC
organization asking if there is a vacancy in the finance department.
Inquiry letter to HR
Answer:
Your Name
Your Address
Your City, State, Zip Code
Your Phone Number
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ASSIGNMENT DRIVE
WINTER 2017
PROGRAM MBA
SEMESTER I
SUBJECT CODE & NAME MB0040-
Statistics for Management
Q1
Define Statistics. Mention the characteristics of Statistics.
·
Meaning
of Statistics
·
Characteristics
of Statistics 4+6=10
Answer:-
Meaning
of Statistics:-
According to Seligman, “Statistics is a science
which deals with the method of collecting, classifying, presenting, comparing
and interpreting the numerical data to throw light on enquiry”.
Statistics is the study of the collection,
Q2.
a. Explain the concept of Coefficient of Variation
b.
Sales of cars in 2 different cities are given in following table in 1000 Rs
|
|
Jan
|
Feb
|
Mar
|
Apr
|
May
|
Jun
|
|
City 1
|
18
|
20
|
22
|
28
|
35
|
45
|
|
City 2
|
110
|
120
|
125
|
155
|
160
|
130
|
Find
out which city shows more stable sales
i. Explain the concept of Coefficient of
Variation
ii. Numerical Solution
2+8=10
Answer:-
concept of Coefficient of Variation:
When we want to compare
two different sets of values pertaining to different characteristics or pertaining
to same characteristic, then we use coefficient of variation (CV). It is a
relative measure expressed in percentage and is defined as:\
Q3.
What Do you mean by Sampling? Describe various Probability and Non- Probability
Sampling Methods
·
Meaning
of Sampling
·
Probability
Sampling Methods
·
Non-Probability
Sampling Methods 2+4+4=10
Answer:-
Meaning of Sampling:- Sampling is a small group of people
or things taken from a larger group and used to represent the larger group.
Q4.
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
Answer-
(a)
Type I and Type II error:
If null hypothesis is
true, and the test result make us to reject it, then we have made a wrong
decision (Type I error). It is also known as consumer’s risk, denoted by α.
If \
5
a. Explain various Components of Time Series
b.
Table given below depicts the data of production (in 100 Kg) for XYZ ltd.
|
YEAR
|
2010
|
2011
|
2012
|
2013
|
2014
|
2015
|
2016
|
2017
|
|
Production
|
12
|
15
|
20
|
22
|
28
|
30
|
32
|
40
|
The
trend line can be fitted by using the method of least squares for the given
data.
·
Components of Time series
·
Expected production for 2018
·
Expected production for 2019
4+3+3=10
Answer:-
The time series is classified into
the following four components:
i) Long term trend or secular trend
This
refers to the smooth or regular long term growth or decline of the series. This
movement can be characterised by a trend curve. If this curve is a straight
line, then it is called a trend line. If the variable increases over a
6 a. Explain the meaning of Weighted
Index Numbers.
b. Information of sales price per unit
of different commodities for two different years is given in following table
|
Commodities
|
2010
|
2016
|
||
|
PRICE
|
QUANTITY
|
PRICE
|
QUANTITY
|
|
|
A
|
15
|
6
|
20
|
8
|
|
B
|
18
|
8
|
20
|
9
|
|
C
|
20
|
5
|
25
|
7
|
|
D
|
14
|
12
|
16
|
24
|
|
E
|
22
|
10
|
25
|
10
|
|
F
|
12
|
7
|
20
|
6
|
Construct the Price Index taking 2010
as the base year and 2016 as the current year by following methods.
i. Dorbish and Bowley’s method
ii. Fisher’s Ideal Index Method
a. Meaning of Weighted Index Numbers
b. Construction of the Price Index
i. Dorbish and Bowley’s method
ii. Fisher’s Ideal
Index Method 2+4+4=10
Answer:-
a.
When all commodities are not of equal importance. We assign
weight to each commodity relative to its importance and index number computed
from these weights is called weighted index numbers.
b. Construction of the
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ASSIGNMENT
DRIVE - Winter 2017
PROGRAM
- Master of Business Administration- MBA
SEMESTER
- 1
SUBJECT CODE & NAME - MBA104 -
FINANCIAL AND MANAGEMENT ACCOUNTING
SET-I
Q.1.
Following information obtained from a manufacturing company:
Direct
Material – 3,00,000
Office
Expenses – 120000
Factory
Expenses – 90000
Total
Sales – 650000
Prime
Cost – 450000
20%
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 - 300000
Factory
expenses - 90000
Office
expenses - 120000
Total
sales – 650000
Prime
cost- 450000
20%
of the output is in stock
Solution:
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
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
|
12,50,000
|
|
Capital
Employed
|
1,25,00,000
|
Ans:
Common-size Statement for the year ended
31st Mar 2017
SET
II
Q.4] XYZ ltd has recorded a sale of 80,000
units in a year, with a selling price of Rs 8 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 – 80
Q.5]
From the following information and assumption that the balance in hand
on 1st Jan 2016 is Rs.1,55,000, 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 60% 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
|
|
RECEIPTS
|
|
|
|
|
|
|
|
Balance B/d
|
1,55,000
|
2,17,760
|
2,24,730
|
2,33,140
|
1,64,550
|
2,20,150
|
6. Elucidate how Balance Score Card is
useful to management decision making.
Usefulness of Balance Score card in Management decision making
Answer:
Usefulness of Balance Score card in Management decision making:
1. Better Strategic Planning
The Balanced Scorecard provides a
powerful framework for building and communicating strategy. The business model
is visualised in a Strategy Map which helps managers to think about
cause-and-effect relationships between the different strategic objectives. The
process of creating a Strategy Map ensures that consens
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Qus:1 Define Elasticity of Supply?
Explain the factors determining Elasticity of Supply?
·
Definition
Elasticity of Supply 3
·
Factors
determining Elasticity of Supply 7
Answer:
Elasticity of Supply is a parallel
concept to elasticity of demand. It refers to the sensitiveness or
responsiveness of supply to a given change in price. In short, it measures the
degree of adjustability of supply to a given change
Q2. What is Perfect Competition and
also mention the features of Perfect Competition? Explain the different
characteristics of Monopolistic Competition?
·
Definition of
Perfect Competition and its Features 6 10
·
Characteristics
of Monopolistic Competition 4
Answer:
Perfect market
Under perfect competition, an individual firm by
its own action cannot influence the market price. The market price is
determined by the interaction between demand and supply forces. A firm can sell
any amount of goods at the existing
Qus:3
A cost-schedule is a statement of variations in costs resulting from variations
in the levels of output and it shows the response of costs to changes in
output. If we represent the relationship between changes in the level of output
and costs of production, we get different types of cost curves in the short
run. Define the kinds of cost concepts like TFC, TVC, TC, AFC, AVC, AC and MC
and its corresponding curves with suitable diagrams for each.
·
Kinds
of cost concepts like TFC, TVC, TC, AFC, AVC, AC and MC and its corresponding
curves
·
Suitable
diagrams
Answer:
Kinds
of cost concepts like TFC, TVC, TC, AFC, AVC, AC and MC and its corresponding
curves:
TFC:
TFC refers to total money expenses
incurred on fixed inputs like plant, machinery, tools and equipments in the
short run.
Qus:4
Write short notes on:
a)
Consumption Function
b)
Investment Function
·
Define
Consumption Function 5
·
Define
Investment Function 5
Answer:
A) Consumption Function
The consumption
function indicates the relationship between consumption and income. Consumption
is an increasing function of income. Lord Keynes in his theory of income and
employment has given a very significant place to this
Qus:5
Define Monetary Policy and Fiscal Policy? Write down any four objectives of
both Monetary and Fiscal Policy?
·
Definition Monetary and Fiscal Policy 3
·
4 each objectives of Monetary and Fiscal policy 7
Answer:
Meaning and definition:
Monetary policy deals with the total money supply
and its management in an economy. It is essentially a programme of action
Q6. Define business cycle and some of
the causes of business cycles? Discuss the various objectives of Pricing
Policies?
·
Definition and
causes of business cycles 5
·
Objectives of
Pricing Policies 5
Answer:
The
term business cycle refers to a wave-like fluctuation in the overall level of
economic activity;
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ASSIGNMENT
DRIVE Winter 2017
PROGRAM MBA SEMESTER I
SUBJECT CODE & NAME MB0043 –Human
Resource Management
CREDIT & MARKS 4 CREDITS, 60 MARKS
Q.no1 What is human
resources management? Discuss the scope of HRM.
·
Meaning – HRM 2
·
Scope of HRM 8
Answer-
HRM
involves all management decisions and practices that directly affect or
influence the people or Human
Q.no2 Discuss globalization
and its impact on HR.
·
Globalization’s impact on
HR 10
Answer-
A
workforce
Q.no3 What is succession
planning? What are the benefits of having a formal Succession Planning System
in an organization?
·
Succession Planning 2
·
Benefits 8
Answer-
Succession planning involves an examination of strategic
(long-range) plans and HR forecasts for all identified key positions in an
organisation. It includes positions that are critical for the business and for
its continuity, and
Q.no4 Discuss the impacts
of HRIS implementation in an organization.
·
Impacts of HRIS
implementation 10
Answer-
Impact
of Implementation of Human Resource Information System: HRIS has a great impact on organisations
that implement them. Most often, organisations replace several related systems,
such as employee database, payroll and benefits
Q.no5 Who all are
responsible for welfare facilities in an organization? Discuss.
·
Responsible for welfare
facilities 10
Answer-
An
employee’s welfare facilities rest not only with the employers but also with
the central government, state governments and trade unions.
Employers:
Q.no6 What are the benefits
we can see if an organization is providing flexi-time to their employees?
·
Benefits of providing
flexi-time 10
Answer-
Flexi
time: Flexi time is a
scheme where an organisation gives its employees the opportunity of a flexible
working hours arrangement.
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