Monday 1 July 2019

smu bba general spring 2019 solved assignment download


ASSIGNMENT
DRIVE SPRING 2019
PROGRAM BBA
SEMESTER V
SUBJECT CODE & NAME BBA506 -PRODUCTION AND OPERATIONS MANAGEMENT

SET-1

Q.1 Explain the Functions and Scope of Operations Management. Define major factors affecting Operations Management.
A Functions and Scope of Operations Management.    6
Factors affecting Operations Management.                   4
Answer :
Functions and Scope of Operations Management :
Operations management involves a set of activities performed to manage theavailable resources in an efficient manner in order to convert inputs into desired outputs. It involves the designing, operation and improving of the organization’s systems, which are responsible for the creation, delivery and profit of the organization. Operations management is a vast and the most crucial area in the functioning of organizations. The three most important functions in an organization are:

Planning :
There are certain
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Q.2 What are the Basic Elements of Forecasting? Define short run and long run objectives of sales forecasting.
A Basic Elements of Forecasting           6
Short run and long run objectives of sales forecasting.               4
Answer :
Basic Elements of Forecasting :
Forecasting is featured by certain basic elements listed as follows:
·         Forecasting means prediction of future events using the most appropriate means or tools.
·         Any sales forecasting analysis is characterized by four primary elements of economic data that ought to


Q.3 Discuss various steps of Product selection and development.
A Various steps of Product selection and development.           10
Answer :
Product design is a term that refers to transforming an idea of how a product should be and the specifications, which are required for producing that product. These specifications are created keeping in mind the constraints of the production process, feasibility to produce, and meeting the customer expectations without sacrificing the quality. Product design involves activities like creating drawings

SET-II
Q.1 Define materials management and state its importance and functions.
A Definition of material Management            2
Importance of Material management             4
Functions of Material management                4
Answer ;
Definition of Materials Management :
Materials management can be defined as controlling, organizing and managing materials/stock so that it guarantees the maximum return for a business. It involves determining the purchase, location, storage, account-keeping and transportation of stock (planning of moving stock

Q.2 Define Nature of Production Planning and Control (PPC).   4
Explain following Strategies of Production Planning
·         Chase strategy        1
·         Level production    1
·         Make-to-stock           1
·         Make-to-order           1
·         Assemble-to-order       1
·         Manpower planning        1
Answer :
Nature of Production Planning and Control (PPC) :
Production planning and control (PPC) is an amalgamated operation of the company, which draws the maximum advantages from planning. The following factors affect the planning of production operations:

·         Acquisition of raw material
·         Quality control and



Q.3 Define Work Measurement and state its objectives and techniques.
Definition of Work Measurement.                     2
Objectives of Work Measurement                     2
Techniques of Work Measurement.                  6
Answer :
Work Measurement :
Work Measurement is a technique to find out the time required to do any activity at a predetermined level of performance by a qualified worker. In other words, it is a technique to develop time standards for the performing jobs.  To establish usable standards, the operation must first be trained to do a particular job. These


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ASSIGNMENT
DRIVE SPRING 2019
PROGRAM BACHELOR OF BUSINESS ADMINISTRATION- BBA
SEMESTER SEMESTER V
SUBJECT CODE & NAME BBA 507 – FINANCIAL MANAGEMENT

SET-1
Q.1 Budgeting is a systematic approach to the solution of problem.
 Explain any five advantages of Budgeting      5x2=10
Answer :
five advantages of Budgeting :  
To reiterate, budgeting is a management tool; it is a way of managing. It predicts the future with reasonable precision and removes
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Q2 Elucidate the concept of Earning Per Share (EPS) and Return on Equity (ROE).
Concept of EPS           5
Concept of ROE          5
Answer :
Common or ordinary shareholders are entitled to the residual profits. The rate of dividend is not fixed; the earnings may be distributed to shareholders or retained in the business. Nevertheless, the net profits after taxes represent their return. A return on shareholders’ equity is calculated to see the profitability of owners’ investment. The shareholders’ equity or net worth will include paid-up

Q.3 Capital Expenditure or investment planning and control involve a process of facilitating decisions covering expenditures on long-term assets.
Explain Capital Budgeting Process 10
Answer :
Capital Budgeting Process :
Capital expenditure or investment planning and control involve a process of facilitating decisions covering expenditures on long-term assets. Since a company’s survival and profitability hinges on capital expenditures, especially the major ones, the importance of the capital budgeting or investment process cannot be over-emphasized. A number of managers think that investment projects have strategic elements, and the investment analysis should be conducted within the overall

SET-II

Q.1 Briefly Explain MM hypothesis in terms of two Propositions in the Context of Capital Structure.
Explain Proposition I                    5
Explain Proposition II                   5
Answer :
MM Hypothesis :
Modigliani and Miller (MM) do not agree with the traditional view. They argue that, in perfect capital markets without taxes and transaction costs, a firm’s market value and the cost of capital remain invariant to the capital structure changes. The value of the firm depends on the earnings and risk of its assets (business risk) rather than the way in which assets have been financed. The MM hypothesis can be best

Q.2 Working Capital requirements of a firm is dependent on many factors.
Explain any Five determinants of Working Capital       5x2= 10
Answer :
Five determinants of Working Capital  :    
There are no set rules or formulae to determine the working capital requirements of firms. A large number of factors, having different importance, influence working capital needs of firms. The importance of factors also changes for a firm over time. Therefore, an analysis of relevant factors should be made in order to determine total investment in working capital. The following is the


Q.3 :   
Particulars                                          S Ltd                                     R Ltd
Sales                                                 20,00,000                              45,00,000
Fixed Costs                                       7,00,000                                15,00,000
Variable Expenses are 60% of Sales for Firm S and 30% for Firm R. Determine the Degree of Operating Leverage (DOL).
Calculate the DOL of Firm S                   5
Calculate the DOL of Firm R                  5
Answer :
Solution
                                                          S LTD                                             R LTD
` `


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 ASSIGNMENT
DRIVE SPRING 2019
PROGRAM BACHELOR OF BUSINESS ADMINISTRATION- BBA
SEMESTER SEMESTER V
SUBJECT CODE & NAME BBA 508 - ECONOMIC PLANNING AND POLICIES

SET-1

Q.1 LPG Model was a great game changer for Indian Economy.
Elaborate the LPG model of development introduced in 1991                10
Answer :
Liberalization, Privatization and Globalization (LPG) Model of Development :
The LPG Model of development was brought out in 1991. The model was pioneered by the then Finance Minister Dr. Manmohan Singh with a huge impact and it proposed to lay focus on liberalization, privatization and globalization. (LPG). Several major changes at the domestic level were introduced:

(i) Areas up till now reserved for the public sector were opened to private sector. The Government intended to transfer the loss-

Q.2 Explain the role of Foreign Trade in Economic Development.
       Role of Foreign Trade in Economic Development            10
Answer :
Importance/Role of foreign trade in economic development of countries
There is no country in the world today which produces all the commodities it needs. Every country, therefore, tries to produce those commodities in which it has comparative advantage. It exchanges part of those commodities with the commodities produced by other countries relatively more efficiently. The

Q.3 Explain the role of Supply Management in controlling Inflation in India.
Role of Supply Management in Controlling Inflation            10
Answer :
Role of Supply Management in Controlling Inflation :           
Supply management is related to the volume of supply and its distribution system. Some of the important aspects of this policy are given below:

(a) Fixation of maximum prices: For eliminating the incentive for hoarding and speculative activity in food grain, the State Governments are asked to fix the wholesale and retail prices of food grain. Further, the government also fixes Minimum Procurement Prices (MPP) for major crops on the


SET-II

Q.1 The number of supporters of Private sectors has criticized Public Sector in India vehemently.
Explain the role of the Public Sector in India 10
Answer :
Role of the Public Sector in India :
Public sector in India has been criticized vehemently by a number of supporters of the private sector who have chosen to shut their eyes towards the achievements of the public sector. To understand the role of the public sector,

Q.2 ‘Price Policy plays a huge role in Economic Growth’- Justify the Statement
    Elaborate the components of Price Policy for Growth.          10
Answer :
Components of Price Policy for Growth :
The price policy designed to achieve the above objectives may have the following components:

(i) Price Control and Regulation
The government has accepted the policy of liberalization in all economic activities and accordingly it has relaxed in most cases and removed control on prices and distribution of goods. At the same time, the government is also aware that free competition and free market prices are not fully or universally applicable in India because (a) there are still serious demand–supply gaps

Q.3 Briefly describe the approach taken while devising the first twelve five year plans in
India
Approaches taken while devising the first twelve five years plan.      10
Answer :
The Approach Paper to the Twelfth Five Year Plan states, ‘The Indian economy on the eve of the Twelfth Plan is characterized by strong macro fundamentals and good performance over the Eleventh Plan period, though clouded by some slowdown in growth in the terminal year of the Eleventh Five Year Plan, with continuing concern about inflation and a sudden increase in uncertainty about the global economy’. The paper further states ‘Objective of the Eleventh Plan was faster

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DRIVE
Spring 2019
PROGRAM
BBA
SEMESTER
V
SUBJECT CODE & NAME
BBA 504 &
TAXATION MANAGEMENT

1 Write notes on:
a) Tax Treatment of Income.
b) Capital Expenses vs. Revenue Expenses.
c) Fringe Benefit Tax.

Answer: a) Treatment of income for tax purposes can be divided into three categories. They are:
(i) Taxable income: These incomes form a part of the total income and are fully taxable. These are treated u/s 14 to 69 of the Act. These are salaries, rent, business profits, professional gain, capital gain, interest, dividend, winning from lotteries, races, etc.
(ii) Exempted incomes: These incomes do not form a part of the total income either fully or partially. Hence, no tax is payable on such



2 Raj was born in Karachi on January 2, 1947. He has been staying in USA since 1986. He comes to India on a visit of 200 days on October 10,2014. Determine the residential status of Mr Raj for the assessment year 2015-16.
Determine the residential status of Mr Raj
Discuss the advantages of VAT over Sales tax.

Answer: Rules for determining residential status of individuals
There are two conditions to determine the residential status of an individual viz.
 (i) Basic conditions
There are two basic conditions. They are:
(a) An individual has been in India for 182 days or more during the previous year (P.Y) or
(b) An individual has been in India for 60 days or more during the previous year and 365 days or more during four


3 “Section 48 of the Income-tax Act, 1961 discusses the methods of computation of short term and long term capital gains”. Enumerate with examples.
A Discuss the methods of computation of Short term and Long term Capital Gains under Section 48 of the Income-tax Act, 1961 with examples.

Answer: Charging Tax for Short-Term/Long-Term Capital Gains
Gross Total Income [excluding income given in columns (2) and (3)]
Long-Term Capital Gains taxable under section 112
Short-Term Capital Gain taxable under section 111A


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DRIVE SPRING 2019
PROGRAM Bachelor of Business Administration- BBA
SEMESTER Semester 5
SUBJECT CODE & NAME BBA505: ENTREPRENEURSHIP MANAGEMENT

1 Who is an Entrepreneur? What is the role of entrepreneurship in Economic Development?
Entrepreneur
Role of entrepreneurship in Economic Development

Answer: The word entrepreneur is derived from the French verb ‘entreprendre’, which means to attempt, to undertake, to contract for, to try in hand, or, to adventure. In the general sense, the word applies to any person who enters into a new project or tries a new opportunity and takes from it the profits or the losses. The Its half solved only
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2 What are the contents of a Business Plan? Explain with suitable example.
Contents of a Business Plan
Explanation with example

Answer:
A business plan is usually divided into some broad components such as:
(i) Table of contents
(ii) Executive summary
(iii) About management and activities and past performance of business, if already in business.
(iv) A brief introduction of business plan
(v) Feasibility report (technical, market and financial)
(vi) Detailed calculations of ratios and analysis of them
(vii) Conclusion
Thus, you can see executive

3 Define the term growth. What are the characteristics of a high growth firm?
Growth
Characteristics of a high growth firm

Answer: In the world of real business, the term ‘growth’ is often used, because a competitive environment has compelled business firms to view growth as the best survival strategy that may decide whether a firm will prevail or perish. Growth of a company is occasionally understood with reference to change in quantity sales, rupee

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