Subject : International Business

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Name :Veerthapa                                                                                                                              Marks : 80

Course : Masters in Business Administration (MBA 4 Sem)

Subject : International Business

 

                                                                        

Answer the following question.

 

Question.1. Discuss polycentric approach to globalization. (10 marks)

 

Answer:4 priorities for succeeding in a “polycentric” world

 

  1. Redefine global and local

 

The need for local relevance is demanding

 

 

 

Question.2. IT is an indicator of the maturity of market here financial express” comment. (10 marks)

 

Answer:One of the reasons why insurance industry is unable to realise its full growth potential in India is because of below-par customer experience. This is a worldwide phenomenon. Insurers everywhere find that it is not enough to provide efficient customer services. A lot depends on customer experience which is the sum total of all experiences of the customers about an insurance company, including customer servicing. Capgemini World Insurance Report, 2015 has been able to discover a clear quantifiable relation

 

 

 

 

Question.3. Explain exports of goods services in foreign exchange management act1999.(10 marks)

 

Answer:The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India “to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India”. It was passed in the winter session of Parliament in 1999, replacing the Foreign Exchange Regulation Act (

 

 

Question.4. What are the features of international business ? (10 marks)

 

Answer:Business Policy defines the scope or spheres within which decisions can be taken by the subordinates in an organization. It permits the lower level management to deal with the problems and issues without consulting top level management every time for decisions.

 

Business policies are the guidelines developed by an organization to govern its actions. They define the limits within which decisions must be made.

 

 

 

Question.5. Write down the reasons for investing in foreign markets. (10 marks)

 

Answer:Chances are, right now you are surrounded by things that were invented, assembled, or grown outside the United States. We’ve become very accustomed to buying goods from other countries. There’s no reason why we shouldn’t also purchase investments from outside the U.S., as well. In fact, there are plenty of arguments for how you’ll be wealthier for doing so. Here are four of them.

 

 

Question.6. Write a note on evolution of International Monetary System. (10 marks)

 

Answer: International monetary systems are sets of internationally agreed rules, conventions and supporting institutions, that facilitate international trade, cross border investment and generally the reallocation of capital between nation states. They provide means of payment acceptable buyers and sellers of different nationality, including deferred

 

 

 

Question.7. How does political atmosphere effects international business ? (10 marks)

 

Answer:The political environment in international business consists of a set of political factors and government activities in a foreign market that can either facilitate or hinder a business’ ability to conduct business activities in the foreign market. There is often a high degree of uncertainty when conducting business in a foreign country, and this risk is often referred to as political risk or sovereign risk.

 

 

Question.8. Explain the role of international marketing research. (10 marks)

 

Answer:“Marketing research does not make decisions and it does not guarantee success”. Marketing managers may seek advice from marketing research specialists, and indeed it is important that research reports should specify alternative courses of action and the probability of success, where possible, of these alternatives. However, it is marketing managers who make the final marketing decision and not the researcher. The second observation, that marketing research does not guarantee success, is simply a recognition of the

 

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Subject : HOTEL MANAGEMENT

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AEREN FOUNDATION’S                                                           Maharashtra Govt. Reg. No.: F-11724

 

 

 

 

 

 

 

 

 

 

HOTEL MANAGEMENT

Total Marks: 80

 

Note : All Questions are Compulsory

Each Question Carries Equal Marks

 

(1). Explain the term Management Structure and with the help of chart, plan the workingof Executive Committee for 5 star hotels. (20 marks)

 

 

Answer:The service to be marketed is a 5 Star hotel with 380 luxury rooms supported by a range of food and beverage and retail outlets. Located in Dubai the domestic market will be considered to be all countries within the Gulf Cooperation Council, given its accessibility via short-haul flights and that GCC currencies are broadly pegged against the US Dollar and therefore do not fluctuate against each other. The marketing strategy will cover sales in

 

 

(2). What is the use of Human Resource management in hospitality world and in shortwith the help of diagram explain working of HR Department? (20 marks)

 

 

Answer:Human resources are undoubtedly the key resources in an organization, the easiest and the most difficult to manage! The objectives of the HRM span right from the manpower needs assessment to management and retention of the same. To this effect Human resource management is responsible for effective designing and implementation of various policies, procedures and programs. It is all about developing and managing knowledge, skills, creativity, aptitude and talent and using them optimally.

 

 

(3). Mr.Durgesh is the general Manager of one of the best restaurant in Mumbai, Knownas The Mumbai treat. As usual, at 7.00 p.m on Saturday night, there is a 30 minute wait.

 

The kitchen is overloaded and there are running behind in check times, the time thatelapses between the kitchen getting the order and the guest receiving his or her meal.This is critical, especially if a complaint is received because a guest has waited too longfor a meal to be served.

 

Mr.Durgesh is waiting for the two head line cooks to come for the closing shift. It isnow 7.30 p.m and he receives mobile calls from both of them. Unfortunately theyboth are one is sick because of flu and one and other is not able to come because ofher wife is sent to the hospital.

 

As he gets off the phone, the hostess tells Mr.Durgesh that a party on 50 is scheduleto arrive at 8.00 p.m. Mr.Durgesh is concerned, knowing that they are currentlyrunning a six person line with only four cooks. The productivity is very high, but theyare running extremely long check times. How can Mr.Durgesh handle the situation?(20 marks)

 

Questions:

 

Question.1. How would handle the short-staffing issue?

 

Answer:Recruiting, training and retaining staff is one of the toughest challenges for a restaurant manager or owner, according to the U.S. Bureau of Labor Statistics. You can take classes in how to manage schedules and organize the various departments in your eatery, but dealing with the day-to-day issues, such as coming up short in your staffing, while at the same time overseeing the inventory, handling the finances and responding to customer concerns, can be overwhelming.

 

Ask another senior staff member to look over your schedules to see if there are any possible holes in your plan. Rely on a general manger or

 

 

 

Question.2. What measures would you take to get the appropriate cooks in to work as soon aspossible?

 

Answer:Chances are that you will not be able to get replacement cooks.  What you do is make your resturant smaller to allow for the best possible service to your guests.  Yes the wait will be longer, but the guest will know that “up front” and can decide to stay or leave.  Support personel and the “waiting area” will need to be “beefed up”.  If this happens more than once, then it is a planning and management failure.

 

Many parts of the country are experiencing staffing shortages. This is great for people like me who teach culinary students. It is not so great for people who own and run restaurants.

 

One of my responsibilities as the culinary arts

 

 

 

Question.3. What would you do to ensure a smooth, successfully transition for the party offifty?

 

Answer:First off, if The Pub is one of the best restaurants in town and if there is usually a wait at 6:00pm of 45 minutes, the loss of two head line cooks should not present a life or death emergency…you see running a volume restaurant requires many things, a SERIOUSLY competent kitchen team who can operate high volume business with or without supervision, a SEASONED General Manager who has the experience and

 

 

Question.4. How would you manipulate your floor plan to provide great service for the party offifty?

 

Answer:First of all Hostess from Head person MUST have a game plan, the hostess must be clear on how the restaurant is going to handle this situation.

 

Second, I suggest that Head person change into her cooking clothes and be ready to assume the least demanding job on the line for the period of time it takes the restaurant to get out of the crunch time.

 

The party of 50 must be arranged for

 

 

 

Question.5. What should you do to ensure that all the guests in the restaurant are happy?

 

Answer:Walt Disney had a great outlook on his customers. He said, “Do what you do so well that they will want to see it again and bring their friends.”

 

This statement applies to the restaurant industry as well. You want to make your customers so happy with your food, your ambiance and your

 

 

 

(4). Mr. Bean is manager of the Café Coffee House at a busy location on Linking Road,Bandra. Mr. Bean says there are several challenges in operating a busy coffeehouse,such as training staff to handle unusual circumstances. For example, one guestconsumed a cup of coffee and ate two third of a piece of cake and then said he didn’tlike the cake.

 

Another problem is suppliers who quote good prices to get her business and then,two weeks later, raise the price of some of the items.

 

Mr. Bean says that the young employees he has at the Café Coffee House are thegreatest challenges of all. According to Mr. Bean, there are four kinds of employeeslazy;good, but not responsible; those who steal; and great ones who are no troubles(20 marks)

 

Question:

 

Question.1. What are some suggestions for training staff to handle unusual circumstances?

 

Answer:Probably the best way to train hotel staff to handle unusual circumstances is to have training sessions where incidents are created in real-time and with real people.  Make the situations as real as possible without too much collateral damage to property or persons.  Then, using video camera, record the staff’s reaction to the situation and how they handled it.  Afterwards, the management can critique the tape and plan their best training strategy.

 

 

Question.2. How do you ensure that suppliers are delivering the product at the price quoted?

 

Answer:Selecting the right suppliers for your business needs is vital to ensure that you are able to deliver your products and services on time, at the right price, and in compliance with your quality standards. By implementing specific supplier’s selection criteria, it’s possible to identify companies that will work with you to meet the demands of your customers.

 

Here are five tips for finding the right suppliers for your raw materials or other company procurement requirements.

 

 

Question.3. What do you do with lazy employees?

 

Answer:Employees who don’t pull their weight cause business owners a lot of frustration. Even worse, when their performance is consistently poor, it has the potential to impact your company’s profitability. The latest State of the American Workplace Report estimates that disengaged workers cost the U.S. between $450 and $550 billion in lost productivity each year. If you’ve invested a significant amount of time and effort in training your staff, it may be worth it to try to re-energize a team member who’s gone off-course. Take a look at

 

 

Question.4. How do you deal with employees who steal?

 

Answer:Managers work hard to hire trustworthy employees, but stealing can occur in any business. Theft in the business world takes different shapes. You may discover an employee stealing products, supplies or money from the company. An employee may violate company policy by improperly using intellectual property or complete a time sheet inaccurately to get paid for time not worked. Any form of employee theft hurts your business and presents you with a difficult management situation. The way you handle the theft depends on your

 

 

Question.5. Describe the origin of coffee?

 

Answer:Coffee plants are originally from Ethiopia although it was always thought they originated from the Republic of Yemen. It is easy to get confused about the origin since many of the old legends that talk about the farming of coffee plants and drinking of coffee take place in the Arab countries.

 

Among some of the oldest written records that make reference to coffee is one called “The Success of Coffee”, written by a wise man from Mecca named Abu-Bek in the beginnings of the XV century and translated to French in 1699 by Antoine de Gailland

 

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Subject:- HOTEL MANAGEMENT

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AEREN FOUNDATION’S                                                           Maharashtra Govt. Reg. No.: F-11724

 

 

 

 

 

 

 

 

Subject:- HOTEL MANAGEMENT

Total Marks: 80

 

Note : All Questions are Compulsory

Each Question Carries Equal Marks

 

 

 

Question.1) What are the minor operating departments of a hotel? Explain each.

 

Answer:The core focus of most hotels is the sales of rooms and food and beverage. These two areas are where the majority of hotel revenue comes from, and thus where the management team places its emphasis. Strategic planning, revenue management, capital projects, and most importantly managerial staffing levels are all set up to oversee these areas so that their performance is maximized. However; nearly all hotels run

 

 

Question.2) What are the basic principles in requisitioning guest and cleaning supplies?

 

Answer:There are various principles followed by the housekeeping staff. They are cleaning and hygiene principles, safety and security principles, comfort and privacy principles, and finally, the decor. For understanding the housekeeping principles, first let us go through what advantages it offers to the hotel.

 

Advantages of Housekeeping

 

 

 

Question.3) Writeshort notes on the following

 

  1. a) Role of the housekeeping control desk.

 

Answer:The efficiency and potentiality of housekeeping department basically evaluated based on the operational performance of housekeeping control desk. All operational and functional activities of housekeeping department are executed by the housekeeping control desk which makes it the nerve center of whole department.

 

It works as a central part from where all

 

 

 

  1. b) Lost and found procedure

 

Answer:Lost and Found provides for the care, restitution, sale and destruction of unclaimed, lost, or abandoned property. The goal of Lost and Found is to ensure all lost items are returned to their rightful owner in a timely and efficient manner.

 

Lost and Found maintains lost and abandoned

 

 

 

 

Question.4) How can we reduce physical stress?

 

Answer:

 

Stress is an inevitable part of life. Seven out of ten adults in the United States say they experience stress or anxiety daily, and most say it interferes at least moderately with their lives, according to the most recent ADAA survey on stress and anxiety disorders. When the American Psychological Association surveyed people in 2008, more people reported physical and emotional symptoms due to stress than they did in 2007, and nearly half reported that their stress has increased in the past year.

 

 

Question.5) What are the types of notices in a house keeping operation?

 

Answer:Housekeeping refers to the management of duties and chores involved in the running of a household, such as cleaning, cooking, home maintenance, shopping, laundry and bill pay. These tasks may be performed by any of the household members, or by other persons hired to perform these tasks. The term is also used to refer to the money allocated for such use. By extension, an office or organization, as well as the maintenance of computer

 

 

             

Question.6) How do small hotels survive?

 

Answer:A generation ago, a very large proportion of the hotel market in Europe consisted of small independent establishments; but even then, these hotels, with their their character and their individuality, were declining in number.

 

Today, the situation for small independent hotels is harder than ever before; their numbers continue to decline from year to year, and the number of new small

 

 

 

Question.7) Explain briefly what services dos a franchisor provide to a franchisee?

 

Answer:Prospective franchisees need to understand two basic concepts about the support they should expect to receive from franchisors.

 

Support Varies. Franchise systems are not fungible, and the support you receive will depend on the industry, the size of the franchisor, the financial capabilities of the franchisor, the culture of the franchise system, and the classes of franchises offered

 

 

 

Question.8) Explain the role of maintenance (engineering department)

 

Answer:The following are seventeen or can be more tasks that are typically the responsibility of the maintenance engineer:

 

  1. Ensures that equipment is properly designed, selected, and installed based on a life-cycle philosophy of an asset: Many companies today consistently purchase equipment based on the low bid. Quite simply, if they are not performing the tasks listed

 

 

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Sub : Hospitality Management

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AEREN FOUNDATION’S                                                           Maharashtra Govt. Reg. No.: F-11724

 

 

 

 

 

 

 

 

 

 

Hospitality Management

Total Marks: 80

 

Note : All Questions are Compulsory

Each Question Carries Equal Marks

 

 

Question.1. Explain about hostels, ice hotels & log cabins?

 

Answer:Hostel:Hostels provide budget-oriented, sociable accommodation where guests can rent a bed, usually a bunk bed, in a dormitory and share a bathroom, lounge and sometimes a kitchen. Rooms can be mixed or single-sex, and private rooms may also be available.

 

Hostels are often cheaper for both the operator and occupants; many hostels have long-term residents whom they employ as desk agents or

 

 

 

Question.2. Explain about independent restaurants?

 

Answer:

 

Question.3. Draw organization chart of room service?

 

Answer:As the name suggests, room service manager is the highest position in room service department. A room service manager is a department head. This is very challenging positing which needs certain levels of experience and knowledge. The position demands practical working experience in room service department and at the same time managerial and administrative skills and knowledge. Even a good knowledgeable hotel

 

 

Question.4. Discuss role of travel agent?

 

Answer:With the Internet acting as a global marketplace for consumers, travelers have had the opportunity to shop around and make their own travel arrangements instead of depending on travel agents. Although the Internet offers convenience, the personal attention that a travel agent gives his customers can never be replaced by a computer. Using an agent can help improve your business and leisure travel.

 

Knowledge: Travel agents are required to have a broad knowledge of the world, especially popular travel destinations. When you are planning a

 

 

Question.5. Explain about underwater tourism & virtual tourism?

 

Answer:A virtual tour is a simulation of an existing location, usually composed of a sequence of videos or still images. It may also use other multimedia elements such as sound effects, music, narration, and text. It is distinguished from the use of live television to affect tele-tourism.

 

The phrase “virtual tour” is often used to describe a variety of videos and photographic-based media. Panorama indicates an unbroken view, since a panorama can be either a series of photographs or panning video footage. However,

 

 

Question.6. Discuss any five points of customer service & the organization?

 

Answer:Customer service handles company issues in stores, over the phone and even by email. Companies that produce highly technical products, such as software or satellite television, often have technical support staffs to resolve problems. Customer service is important to an organization for a number of reasons. Foremost, it would be difficult for a company to survive without customer service, as there would be no one available

 

 

Question.7. Describe about space & sea travel?

 

Answer:That tidbit of T.S. Eliot is stolen from Graham Hawkes, a submarine designer who really, really loves the ocean. Hawkes is famous for hollering, “Your rockets are pointed in the wrong goddamn direction!” at anyone who suggests that space is the Final Frontier. The deep sea, he contends, is where we should be headed: The

 

 

Question.8. Explain importance of website today?

 

Answer:A simple question, What is a website? In its bare form, a website is a single domain that consists of different web pages. We should all know that by now, but surprisingly what we don’t all know, is the benefits a website can provide for your business and its shocking to witness how many business don’t actually have a website or online presence!

 

If you have a business and don’t have a website, you are losing out on great opportunities for your business. A website itself can be used to accomplish many different marketing strategies to help your business grow.

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Sub: Hospitality Management

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AEREN FOUNDATION’S                                                           Maharashtra Govt. Reg. No.: F-11724

 

 

 

 

 

 

 

 

 

Hospitality Management

Total Marks: 80

 

 

Note : All Questions are Compulsory

Each Question Carries Equal Marks

 

Question.1. What is kitchen stewarding?

 

Answer:Jobs in the restaurant industry demand long hours, high energy and attention to detail. Basic maintenance and cleanliness of the kitchen and dining area is the responsibility of the steward, who works under the supervision of the head chef or restaurant manager. The job entails a variety of important tasks.

 

 

 

 

Question.2. What is SABRE? & explain its computer system in detail?

 

Answer:A computer reservations system or central reservation system (CRS) is a computerized system used to store and retrieve information and conduct transactions related to air travel, hotels, car rental, or activities. Originally designed and operated by airlines, CRSes were later extended for the use of travel agencies. Major CRS operations that book and sell tickets for multiple airlines are known as Global Distribution System (GDS). Airlines have divested most of their direct holdings to dedicated GDS companies, who make their systems accessible to consumers through Internet gateways. Modern GDSes typically allow users to

 

 

 

Question.3. Discuss about sport tourism?

 

Answer:Sports tourism refers to travel which involves either observing or participating in a sporting eventstaying apart from their usual environment. Sport tourism is a fast-growing sector of the global travel industry and equates to $7.68 trillion.

 

Classification of sport tourism: There are several classifications on sport tourism. Gammon and Robinson suggested that the sports tourism are defined as Hard Sports Tourism and Soft Sports Tourism, while Gibson suggested that there are three types of sports tourism included Sports Event Tourism, Celebrity and Nostalgia Sport Tourism and

 

 

 

Question.4. What is customer service?

 

Answer:Customer service is the act of taking care of the customer’s needs by providing and delivering professional, helpful, high quality service and assistance before, during, and after the customer’s requirements are met.

 

Characteristics of Good Customer Service: Customer service is the act of taking care of the customer’s needs by providing and delivering professional, helpful, high quality service and assistance before, during, and after the customer’s

 

 

 

Question.5. Write short note on sightseeing & cultural tourism?

 

Answer:The emergence of cultural tourism in research practice as an object of study dates back to the beginning of the XX century, but only in 2002 the International Council for cultural and historical monuments publish a formal definition as follows: “The cultural and cultural-cognitive tourism actually is this form of tourism, which focuses on the cultural environment, which in turn may include cultural and historical sights of a destination or cultural-historical heritage, values and lifestyle of the local population, arts, crafts,

 

 

Question.6. Describe about food service innovations?

 

Answer:The food service industry encompasses all of the activities, services, and business functions involved in preparing and serving food to people eating away from home. This includes all types of restaurants from fine dining to fast food. It also

 

 

Question.7. Explain history of hotels in America?

 

Answer:A hotel is an establishment that provides lodging paid on a short-term basis. Facilities provided may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a fridge and other kitchen facilities, upholstered chairs, a flatscreen television and en-suite bathrooms. Small, lower-priced hotels may offer only the most basic guest services and facilities. Larger, higher-priced hotels may provide additional guest facilities such as a swimming pool, business centre (with computers, printers and other office equipment), childcare, conference and event facilities, tennis or

 

 

 

Question.8. Difference between services &physical products?

 

Answer:What is a service? A service can be defined as the work or help that is provided by an individual, business, or organization to customers, whereas products involve the producing of goods by an individual, business or organization, usually to be sold to customers.

 

Below are the major differences between services and products:

 

 

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Subject : Financial Management

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AEREN FOUNDATION’S                                                           Maharashtra Govt. Reg. No.: F-11724

 

 

 

 

 

 

 

 

 

 

Name : Veerthapa                                                                                                                             Marks : 80

Course : Masters in Business Administration (MBA 4 Sem)

Subject : Financial Management

 

Answer the following question.

 

Question. 1. What are Strike Price and Option Price? (10marks)

 

Answer:A stock option gives you the option to buy shares of a given company at a certain price, the strike price, at a later date.

 

If the stock price (say, $1) rises above the strike price (say, $0.75), you can exercise your option to buy shares at the strike price, and then turn around and sell those shares at the stock price, making $0.25 a share.

 

 

 

 

Question. 2. How risk and expected return is compared in two distributions? (10marks)

 

Answer:Expected return and standard deviation are two statistical measures that can be used to analyze a portfolio. The expected return of a portfolio is the anticipated amount of returns that a portfolio may generate, whereas the standard deviation of a portfolio measures the amount that the returns deviate from its mean.

 

Expected Return: Expected return measures the

 

 

Question. 3. Different types of investments time horizons. (10marks)

 

Answer:A time horizon is the length of time over which an investment is made or held before it is liquidated. Time horizons can range from seconds, in the case of a day trader, all the way up to decades for a buy-and-hold investor or an individual who is investing in a retirement plan. Investment time horizons are determined more by an investor’s goals for the funds rather than the mechanism itself.

 

Question. 4. What is meant by Financial Planning? (10marks)

 

Answer:Financial planning is the task of determining how a business will afford to achieve its strategic goals and objectives. Usually, a company creates a Financial Plan immediately after the vision and objectives have been set. The Financial Plan describes each of the activities, resources, equipment and materials that are needed to achieve these objectives, as well as the timeframes involved.

 

The Financial Planning activity involves the following tasks;—-

 

  • Assess the business environment

 

Question. 5. Define current assets and Give four examples (10marks)

 

Answer:Financial statements are a company’s window to the world. They tell the story of how successfully or unsuccessfully a company has performed for any given period. The three most common financial statements are the income statement, balance sheet, and statement of cash flows. Of the three statements, the balance sheet is the one that gives the clearest picture of the financial position of a company. The balance sheet is made up of three different sections: assets, liabilities, and stockholders equity. Each of these

 

 

Question. 6. To avoid the problem of shortage and surplus of funds, what is required in Financial management? Name the conceptand explain four points of importance.(10marks)

 

Answer:Financial Planning is required to avoid shortage or surplus of finance.

Importance of financial planning is:

1- by planning utilization of finance, it reduces waste ,duplication of efforts and gaps in the planning.

 

2- it helps in coordinating the various business activities such as sales,purchases, production, finance etc.

 

 

 

Question. 7. Every Manager has to take three major decisions while performing the finance function’ briefly explain them. (10marks)

 

Answer:The three main financial decisions which are generally taken by a finance manager are as under:

 

(i) Investment Decision: It refers to the selection of assets in which funds will be invested by the business. Assets which are obtained by the business are of two types, i.e., long-term assets and short-term assets. On this basis, investment decision is also divided into two parts:

 

 

 

 

 

Question. 8. How are financial trades made in an over the counter market? Discuss the role of a dealer in the OTC market. (10marks)

 

Answer:A decentralized market, without a central physical location, where market participants trade with one another through various communication modes such as the telephone, email and proprietary electronic trading systems. An over-the-counter (OTC) market and an exchange market are the two basic ways of organizing financial markets. In an OTC market, dealers act as market makers by quoting prices at which they will buy and sell a security or currency. A trade can be executed between two participants in an OTC market

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Subject :Corporate Law

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AEREN FOUNDATION’S                                                           Maharashtra Govt. Reg. No.: F-11724

 

 

 

 

 

 

 

 

 

 

Name :Veerthapa                                                                                                                              Marks : 80

Course : Masters in Business Administration (MBA 4 Sem)

Subject :Corporate Law

 

 

Answer the following question.

 

Question.1. Distinguish sale and hire purchase (10 marks)

 

Answer:Differences between Hire Purchase and Leasing

 

There are a number of differences between hire purchase and leasing. They are given below

 

  1. Transfer of ownership: In Hire purchase, the agreement is entered for the transfer of ownership after a fixed period. But in Leasing it is only in financial lease, the ownership will get transferred. While in operating lease, the ownership is not transferred.

 

 

 

Question.2. Discuss FDI (10 marks)

 

Answer:A foreign direct investment(FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from foreign portfolio investment by a notion of direct control.  The origin of the investment does not impact the definition as an FDI: the investment may be made either “inorganically” by buying a company in the target country or “organically” by expanding operations of an existing business in that country.

 

 

 

Question.3. How issue of securities to person resident outside India take place (10 marks)

 

Answer:In exercise of the powers conferred by clause (b) of sub-section (3) of Section 6 and Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the following amendments in the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000 (Notification No. FEMA 20/2000-RB dated 3rd May, 2000), namely:-

 

  1. Short Title and Commencement:-

 

 

 

Question.4. Threat to commit suicide isit coercion? (10 marks)

 

Answer:Threat to file a suit. To threaten a criminal or civil prosecution does not constitute coercion because it is not an act forbidden by the Indian Penal Code. But a threat to file a suit of a false charge constitutes coercion, for such an act is forbidden by the I.P.C. (AskariMirzavsBibi Jai Kishori)

 

Threat to commit suicide. Neither suicide nor threat to commit suicide is punishable under the Indian Penal Code: Only an attempt to commit suicide is punishable under it.

 

In ChikkamAmmirajuvsChikkamSeshamma, there arose a question as to whether a threat to commit suicide amounts to coercion, and the Lordships of the

 

 

Question.5. What are the Rights and liabilities of Incoming partners (10 marks)

 

Answer:The Partnership Deed contains the mutual rights, duties and obligations of the partners, in certain cases, the Partnership Act also makes a mandatory provision as regards to the rights and obligations of partners. When there is no Deed or the Deed is silent on any point, :ne rights and obligations as provided in the Partnership Act shall apply.

 

 

Question.6. Distinguish cheque and Bill of Exchange (10 marks)

 

Answer:cheque vsboe‘Cheque’ is an instrument which contains an unconditional order, drawn on a banker, directing to pay a certain sum of money to the person whose name is specified in the instrument. ‘Bill of Exchange’ is a document contains an unconditional order, directing a person, to pay a certain amount to a specified person. These two terms sound the same, which becomes the cause of confusion for many people. Come, let’s start understanding the difference between Cheque and Bill of Exchange.

 

 

 

Question.7. State procedure for enquiry on complaints under S 19 (10 marks)

 

Answer:1.     On receipt of a complaint or a reference from the Central Government or a State Government or a statutory authority or on its own knowledge or there exists a prima facie case, it shall direct the Director General to cause an investigation to be made into the matter. Information, under section 19, if the Commission s of the opinion that

 

  1. The Director General shall, on receipt of direction under sub-section (1), submit a report on his findings within such period as may be specified by the

 

 

Question.8. Distinguish between Managing Director and Manager (10 marks)

 

Answer:We know that the term ‘managing director’ is used side by side with the term ‘wholetime director’ in several Sections of the Act and most of the provisions apply to both of them equally. Obviously, this may pose a question to the mind of a careful reader as to whether these two terms—’managing director’ and ‘whole-time director—denote the same business executive under two different names or whether they denote two altogether different personalities in a company ?

 

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