MS – 93 Management of New and Small Enterprises

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ASSIGNMENT

 

 

Course Code                                                                      :               MS – 93

Course Title                                                                       :               Management of New and Small Enterprises

Assignment Code                                                            :               MS-93/TMA/SEM – I /2016

Coverage                                                                             :               All Blocks

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

 

Question.1. What do you understand by entrepreneurial competency? Explain its role in entrepreneurship development?

 

Answer:Entrepreneurial competencies are the skills necessary for an entrepreneur to

 

  • Venture into an enterprise
  • Organize and manage an enterprise ably and competently
  • Realize the goal for which the enterprise is established

 

These competencies help and entrepreneur to successfully venture into an enterprise.

 

These can be broadly classified under the

 

 

 

 

Question.2. How can an opportunity analysis be conducted for the following:-

 

(a) A gift shop

 

Answer: Opportunities: Another step in a retail SWOT analysis is identifying key opportunities in the market. There are a myriad of opportunities a retailer may discover through both its sales force and market research. Opportunities can include an unfilled consumer need, according to quickmba.com, an online business reference site. For example, a small web design company may see an opportunity to add consulting services, if it has customers that desire it. Or a retail company may have the opportunity to purchase a smaller retailer to increase

 

 

 

 

 

 

 

 

(b) A bicycle store

 

Answer:Ride On Bikes is a retail bike shop located in the university district of Pullman, Washington. The company, operating from a 3,000 square foot building in prime location, is solely owned by a long time bicycle enthusiast, Rick Austin. Austin has many years of experience in the retail bicycle industry, as well as a business degree from Washington State University, where the bike shop is located.

 

 

 

 

 

 

Question.3. What are the advantages of company form of organization as compared to Proprietorship/ One Person Company and Partnership form of organization? Discuss

 

Answer:‘Sole’ means single whilst ‘proprietorship’ means ownership. Sole Proprietorship is a business enterprise that is owned and controlled by one person who possesses the entire authority & responsibility with respect to the business. The practical implication of such an arrangement is that an owner alone gets the entire profit but he is also personally liable.  This is so as a proprietorship is not a distinct entity unto itself, rather the business and its owner are identical. This form of business is ideally suited to businesses where the nature of the business is simple and the product’s market is small. Business with small capital

 

 

 

 

Question.4. Describe the tools of production planning and control used by a small entrepreneur.

 

Answer:For efficient, effective and economical operation in a manufacturing unit of an organization, it is essential to integrate the production planning and control system. Production planning and subsequent production control follow adaption of product design and finalization of a production process.

 

Production planning and control address a fundamental problem of low productivity, inventory management and resource utilization.

 

 

 

Question.5. What do you understand by family business? Explain the characteristics of family business and discuss the issues and problems of family business.

 

Answer:A family business is a commercial organization in which decision-making is influenced by multiple generations of a family—related by blood or marriage—who are closely identified with the firm through leadership or ownership. Owner-manager entrepreneurial firms are not considered to be family businesses because they lack the multigenerational dimension and family influence that create the unique dynamics and relationships of family businesses.

 

Family business is the oldest and most common

 

 

 

Question.6. Write short notes on the following:-

 

(a) Industrial Policy Resolution 1991

 

Answer:With the gradual liberalisation of the 1956 Industrial policy in the mid-eighties the tempo of industrial development started picking up. But the industry was still feeling the burden of many controls and regulations. For a faster growth of industry, it was necessary that even these impediments should be removed. The new government by ShriNarasimhaRao, which took office in June 1991, announced a package of liberalisation measures under its Industrial Policy on July 24, 1991.

 

The New Industrial Policy,1991 seeks to liberate the industry from the shackles of licensing system Drastically reduce the role of public sector and encourage foreign participation in India’s industrial development. The broad objectives of New

 

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MB0041- FINANCIAL AND MANAGEMENT ACCOUNTING

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ASSIGNMENT

 

DRIVE FALL 2015
PROGRAM MBADS / MBAHCSN3 / MBAN2 / PGDBAN2 / MBAFLEX
SEMESTER I
SUBJECT CODE & NAME MB0041- FINANCIAL AND MANAGEMENT ACCOUNTING
BK ID B1624
CREDITS 4
MARKS 60

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

Q1. Analyze the following transaction under traditional approach.

 

18.1.2011 Received a cheque from a customer, Sanjay at 5 p.m. Rs.20,000

19.1.2011 Paid Ramu by cheque Rs.1,50,000

20.1.2011 Paid salary Rs. 30,000

20.1.2011 Paid rent by cheque Rs. 8,000

21.1.2011 Goods withdrawn for personal use Rs. 5,000

25.1.2011 Paid an advance to suppliers of goods Rs. 1,00,000

26.1.2011 Received an advance from customers Rs. 3,00,000

31.1.2011 Paid interest on loan Rs. 5,000

31.1.2011 Paid instalment of loan Rs. 25,000

31.1.2011 Interest allowed by bank Rs. 8,000

Analysis of transaction –with accounts involved-nature of account-affects and debit/credit

Answer :

 

Date Accounts Nature of Affects Debit/
  Involved Account Credit
18.1.2011 Cash A/.c Real Cash is coming in Debit
Sanjay A/c. Personal Sanjay is the giver Credit
19.1.2011 Ramu Ac. Personal Ramu is the receiver Debit
Cash A/.c Real Cash is going out Credit

 

 

 

Q2. The trial balance of Nilgiris Co Ltd., as taken on 31st December, 2002 did not tally and the  difference was carried to suspense account. The following errors were detected  subsequently.

 

  1. a) Sales book total for November was under cast by Rs. 1200.
  2. b) Purchase of new equipment costing Rs. 9475 has been posted to Purchases a/c.
  3. c) Discount received Rs.1250 and discount allowed Rs. 850 in September 2002 have been posted to wrong sides of discount account.
  4. d) A cheque received from Mr. Longford for Rs. 1500 for goods sold to him on credit earlier, though entered correctly in the cash book has been posted in his account as Rs. 1050.
  5. e) Stocks worth Rs. 255 taken for use by Mr Dayananda, the Managing Director, have been entered in sales day book.
  6. f) While carrying forward, the total in Returns Inwards Book has been taken as Rs. 674 instead of Rs. 647.
  7. g) An amount paid to cashier, Mr. Ramachandra, Rs. 775 as salary for the month of November has been debited to his personal account as Rs. 757.

(Pass journal entries and draw up the suspense account, Journal entries of all the transactions, Suspense account with Conclusion)

 

Answer :

 

Serial No. Journal Entry Debit Credit
a) Suspense Account 1200
               To Sales 1200
b) No Suspense Account Involved

 

 

 

3 From the given trial balance draft an Adjusted Trial Balance.

Adjustments:

  1. Charge depreciation at 10% on Buildings and Furniture and fittings.
  2. Write off further bad debts 1000
  3. Taxes and Insurance prepaid 2000
  4. Outstanding salaries 5000
  5. Commission received in advance1000

 

 

 Solution;-Ledger accounts Furniture and fittings a/c

Particulars Rs. Particulars Rs.
To bal b/d 500000 By Depreciation

By bal c/d

50000

450000

Total 500000 Total 500000

 

 

 

4 Compute trend ratios and comment on the financial performance of Infosys Technologies Ltd. from the following extract of its income statements of five years. (inRs. Crore)

Preparation of trend analysis

Solution: Infosys Technologies Ltd.

 

Trend Analysis Particulars 2010-11 2009-10 2008-09 2007-08 2006-07
Revenue 27,501 22,742 21,693 16,692 13,893
Operating Profit (PBIDT) 8,968 7,861 7,195 5,238 4,391

 

 

 

 

5 Give the meaning of cash flow analysis and put down the objectives of cash flow analysis. Explain the preparation of cash flow statement.

 

Answer : Meaning of cash flow analysis

A cash flow statement is one of the most important financial statements for a project or business. The statement can be as simple as a one page analysis or may involve several schedules that feed information into a central statement.

 

A cash flow statement is a listing of the flows of cash into and out of the business or project. Think of it as your checking account at the bank. Deposits are the cash inflow and withdrawals (checks) are the cash outflows. The balance in your checking account is your net cash flow at a specific point in time.

 

 

6 Write the assumptions of marginal costing. Differentiate between absorption costing and marginal costing.

Answer : The Cost of a product of comprises of materials, labour, and over heads. On the basis of variability they can be broadly classified as fixed and variable costs. Fixed costs are those costs which remain constant at all levels of production within a given period of time. In other words, a cost that does not change in total but become. progressively smaller per unit when the volume of production increases is known as fixed cost. it is also called period cost eg. Rent, Salary, Insurance charges etc. On the other hand variable cost are those cost which very in accordance with the volume of output. To part it in another way. variable costs are uniform per unit. but their total fluctuates in direct position to the total of the related activity or volume

 

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MB0040 – STATISTICS FOR MANAGEMENT

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ASSIGNMENT

 

DRIVE FALL 2015
PROGRAM MBADS / MBAHCSN3 / MBAN2 / PGDBAN2 / MBAFLEX
SEMESTER I
SUBJECT CODE & NAME MB0040 – STATISTICS FOR MANAGEMENT
BK ID B1731
CREDITS 4
MARKS 60

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

 

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

 

Q1.Statistics plays a vital role in almost every facet of human life. Describe the functions of Statistics. Explain the applications of statistics.

 

Answer: Statistics :

 

A type of mathematical analysis involving the use of quantified representations, models and summaries for a given set of empirical data or real world observations. Statistical analysis involves the process of collecting and analyzing data and then summarizing the data into a numerical form. Statistics is a general term used to summarize a process that an analyst, mathematician or statistician can use to characterize a data set. If the data set is based on a sample of a larger population, then the analyst can

 

 

Q2.

  1. a) Explain the approaches to define probability.

Answer: In some areas, such as mathematics or logic, results of some process can be known with certainty (e.g., 2+3=5). Most real life situations, however, involve variability and uncertainty. For example, it is uncertain whether it will rain tomorrow; the price of a given stock a week from today is uncertain Note_1 ; the number of claims that a car insurance policy holder will make over a one-year period

 

 

  1. b) State the addition and multiplication rules of probability giving an example of each case.

Answer: Addition rule of probability and an example:

 

If two events A and B are mutually exclusive then

P(A ∪B) = P(A) +P(B)

This is the simplified version of the Addition Law. However, when A and B are not mutually

exclusive, A ∩B _= ∅, it can be shown that a more general law applies:

P(A ∪B) = P(A) +P(B)−P(A ∩B)

Of course if A ∩ B = ∅ then, since P(∅) = 0 this general expression reduces to the simpler

version.

 

Example:A bag contains 20 marbles, 3 are

 

 

Q3. a) The procedure of testing hypothesis requires a researcher to adopt several steps. Describe in brief all such steps.

Answer. Meaning of hypothesis can be defined in two ways:

1.It is a supposition or explanation (theory) that is provisionally accepted in order to interpret certain events or phenomena, and to provide guidance for further investigation. A hypothesis may be proven correct or wrong, and must be capable of refutation. If it remains unrefuted by facts, it is said to be verified or corroborated.

2.Statistics:It is an assumption about certain characteristics of a population. If it specifies values for every parameter of a population, it is called a simple hypothesis; if not, a composite hypothesis. If it attempts to nullify the difference between two sample means (by suggesting that the difference is of no statistical significance), it is called a null hypothesis.

 

  1. b) Explain the components of time series.

Answer. Components of Time series:

 

The four components of time series are:

 

  1. Secular trend
  2. Seasonal variation
  3. Cyclical variation
  4. Irregular variation

 

  1. Secular trend:

 

 

 

Q4. a. What is a Chi-square test? Point out its applications. Under what conditions is this test applicable?

Answer : Chi-square test:

 

A chi-squared test, also referred to as chi-square test or χ² test, is any statistical hypothesis test in which the sampling distribution of the test statistic is a chi-squared distribution when the null hypothesis is true. Also considered a chi-squared test is a test in which this is asymptotically true, meaning that the sampling distribution (if the null hypothesis is true) can be made to approximate a chi-squared distribution as closely as desired by making the sample size large enough.

 

Applications:

 

 

 

Q5.Business forecasting acquires an important place in every field of the economy. Explain the objectives and theories of Business forecasting.

 

Answer: : Business forecasting :

 

Business Forecasting is an estimate or prediction of future developments in business such as sales, expenditures, and profits. Given the wide swings in economic activity and the drastic effects these fluctuations can have on profit margins, it is not surprising that business forecasting has emerged as one of the most important aspects of corporate planning. Forecasting has become an invaluable tool for businesspeople to anticipate economic trends and prepare themselves either to benefit from or to counteract them.

 

 

 

 

Q6 a. What is analysis of variance? What are the assumptions of the technique?

Answer : Analysis of variance :

 

Analysis of variance (ANOVA) is a collection of statistical models used to analyse the differences between group means and their associated procedures (such as “variation” among and between groups). In ANOVA setting, the observed variance in a particular variable is partitioned into components attributable to different sources of variation. In its simplest form, ANOVA provides a statistical test of whether or not the means of several groups are equal, and therefore generalizes t-test to more than two groups. Doing multiple two-sample t

 

 

  1. Three samples below have been obtained from normal populations with equal variances. Test the hypothesis at 5% level that the population means are equal.

 

 

A B C
8 7 12
10 5 9
7 10 13
14 9 12
11 9 14

 

(The table value of F at 5% level of significance for 1 = 2 and 2 = 12 is 3.88)

 

Ans: Meaning of Analysis of Variance:

 

Analysis of variance (ANOVA) is a collection of statistical models used to analyze the differences between group means and their associated procedures (such as “variation” among and between groups). In ANOVA setting, the observed variance in a particular variable is partitioned into components attributable to different sources of variation. In its simplest form, ANOVA provides a statistical test of whether or not the means of several groups are equal, and therefore generalizes t-test to more than two groups.

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IGNOU MBA SOLVED ASSIGNMENTS JANUARY 2016

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ASSIGNMENT
Course Code : MS-01
Course Title : Management Functions and Behaviour

Assignment Code : MS- 01/TMA/SEM-I/2016
Coverage : All Blocks
Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. Explain various tasks of a professional manager. Discuss various survival and growth options which have been adopted in the recent past in your organization or any rganization you are acquainted with. Describe the organization you are referring to.
  2. Explain various models of decision making process. Describe a model which is most suitable to your organization or an organization you are familiar with and why? Describe the organization, you are referring to.
  3. Explain the process of conflict. Discuss the impact of conflict on the performance of an organization you are working in or any organization you are acquainted with. Describe the organization you are referring to.
  4. Describe various leadership styles. Explain the present leadership style in your organization or any organization you are acquainted with. Which leadership style in your opinion will improve efficiency of the organization and why? Discuss with reasons.

Note: Meaningfully describe the organisations, your are referring to, in response to above questions.

 

 

 

ASSIGNMENT
Course Code : MS-02
Course Title : Management of Human Resources
Assignment Code : MS-02/TMA/SEM-I/2016
Coverage : All Blocks

 
Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. Discuss the need and objectives of Human Resource Planning (HRP). Describe the salient features and the process of Human Resource Planning undertaken by the organization you are working in or any organization you are familiar with. Briefly describe the organization you are referring to.
  2. Briefly describe various methods of Job Analysis. Evaluate and identify the method applied in an organization known to you or you are familiar with. Critically analyze the role and importance of Job Analysis on Work Flow in an organizational setup.
  3. Discuss the concept of Team. Explain various approaches to team development you have came across with respect to your own organisation or any organization you are familiar with. Briefly describe the organization you are referring to.
  4. Discuss the changing role of HRM. Explain the challenges associated with effective HRM policies and practices in the context of present business scenario, citing examples from your organization or any other organization you are familiar with. Briefly describe the organization you are referring to.

Note: Meaningfully describe the organisations, your are referring to, in response to above questions.

 

 

 

 

ASSIGNMENT
Course Code : MS-03
Course Title : Economic and Social Environment

Assignment Code : MS-03/TMA/SEM-I/2016
Coverage : All Blocks

 

 

 
Note: Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. a) Examine the interaction between Economic Environment and Business Management. b) Discuss the relationship between economic and non-economic factors with the help of interaction matrix, giving examples.
  2. What is the rationale for private sector development? Critically examine the problems and prospects of privatization.
  3. Discuss the merits and demerits of currency convertibility for a developing economy. 4. a) Briefly discuss the significance and need for financial reforms.
  4. b) What reforms have taken place in the small scale sector? Discuss with examples.
  5. Examine the impact of economic reforms on growth rate of GDP and FDI. 6. Write short notes:
  6. a) Public Sector in the present scenario
  7. b) Economic Development
  8. c) Importance of Balance of Payments
  9. d) Role of Government.

 

ASSIGNMENT
Course Code : MS-04
Course Title : Accounting and Finance for Managers
Assignment Code : MS-04/TMA/SEM-I/2016
Coverage : All Blocks

 

 
Note: Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. “Accountancy is an Information System”. Do you agree? Substantiate your answer with reasons. How does an Accountant help in planning and controlling a large commercial organization? Explain.

 

 

Prepare the comparative balance sheet and study its financial position

 

  1. ABC Ltd. maintains their books of Cost Accounts under standard costing system in which the work-in-progress is debited with actual costs and credited with standard costs. The standard cost card for product X shows :

Cost per unit (Rs.)

Direct material 1pc @ Rs. 1.50                                                                                           1.5

Direct labour   3hrs @ Re. 1.00                                                                                          3.0

Factory overhead 3 hrs.@ Rs. 2.50                                                                                   7.5

_____

12

Based on Budgeted Factory overhead Rs. 7,500 and budgeted Labour hours 3,000. The following cost and production data are available for the month of March, 1998 in respect of product X.

Cost data

  1. Actual materials used in production 1,100 pcs @ Rs. 1.60
  2. Analysis of pay Roll shows direct labour hrs. 2,700pcs @ Rs. 1.20
  3. Factory overhead as per Factory O.H control account Rs. 7, 425 (to be charged to product X) Production data

Units completed 950 units

Units in closing WIP 100 units 50% completed

Cost of units remaining work- in- progress Account is transferred to work- in- progress Inventory Account. You are required to compute all possible variances.

  1. As a Manager what strategy you will adopt so that you are able to efficiently manage the cash in business?
  2. Visit an organization of your choice and find out the investment appraisal methods that the organization follows. Write a note on your visit.

 

ASSIGNMENT
Course Code : MS – 05
Course Title : Management of Machines and Materials
Assignment Code : MS-05/TMA/SEM-I/2016
Coverage : All Blocks

 

 

 
Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. Describe an Intermittent Flow Process. Highlight its characteristics, advantages and disadvantages.
  2. What is work sampling? Describe the steps usually required in conducting a work sampling study.
  3. Explain Kilbridge and Wester method for obtaining a good balance for an assembly line balancing problem.
  4. Why are suppliers sometimes helpful in value analysis programs? How can they help? Does it violate your concept of good business ethics to involve them in your problems?
  5. Discuss the major functions of stores in an organization. What are the advantages and disadvantages of centralized store room facilities?

 

 

 

 

 

 

 

 

ASSIGNMENT
Course Code : MS-07
Course Title : Information Systems for Managers
Assignment Code : MS-07/TMA/SEM-I/2016

Coverage : All Blocks

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. What is the purpose of a computer aided decision support system? What are the major    components of such a system? How does it help the decision making process?
  2. “Every component of a computer such as software, hardware and network should be protected”. Justify! Why should every organization have a disaster recovery plan to protect itself? What are the main components of a disaster recovery plan?
  3. What are the technology related challenges that are invisible? Highlight the pitfalls? How integrated software application can help in this?
  4. “Excel is very versatile spreadsheet package. It can do wonder for accountants”. Comment.
  5. What do you understand by Artificial Intelligence? What are the factors that highlighted the need of developing AI? What are the goals of AI?

 

 

 

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ASSIGNMENTS

Course Code : MS 08

Course Title : Quantitative Analysis for Managerial Applications

Assignment No. : MS-08/TMA/SEM-I/2016

Coverage : All Blocks

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the

coordinator of your study centre.

 

 

 

  1. Explain the concept of Maxima & Minima and discuss its managerial applications.
  2. The average sales of a product for a particular week, excluding Sunday, were reported by the city departmental store as 150 units. Sunday being a national festival, there was heavy rush of sales which inflated average sales for the entire week to 210 units. Find the sales for Sunday.
  3. A box contains 2 red, 3 black, and 5 white balls. If 3 balls are drawn at random without

replacement, find the probabilities that a) all 3 are black, b) two are red and one black,

  1. c) at least one is white.
  2. A firm is manufacturing two brands, A and B, of battery cells. It claims that the average life of brand A cells is more than that of brand B cells by 100 hrs, the variances of the two brands being the same. To maintain this standard, two independent samples of 12 cells of each brand are selected on the 20th of every month and a t value of the difference of sample means computed. The firm is satisfied with its claim if the computed t value falls between ±t0.025. A sample of 12 cells of brand A gives a mean life of 1200 hrs and variance of 49 hrs, and that of 12 cells of brand B gives a mean life of 1095 hrs and variance of 64 hrs. Comment on the outcome of the sample results.
  3. Discuss the stochastic models developed by Box and Jenkins for time series analysis.

 

 

 

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ASSIGNMENT

Course Code : MS-09

Course Title : Managerial Economics

Assignment Code : MS-09/TMA/SEM-I/2016

Coverage : All Blocks

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016

to the coordinator of your study centre.

  1. “Sales- revenue maximization” is the main objective of a firm. Discuss this

statement with the help of an example.

  1. “The main determinant of elasticity is the availability of substitutes.” Explain this

statement in the context of price elasticity of demand.

  1. Answer the following:-

(a) Explain average cost and marginal cost

(b) Find (i) marginal cost and (ii) the average cost functions for the following total

cost function. Calculate them at Q=4 and Q=6 TC=5Q2 +10Q+12

  1. Does Price Discrimination exist in the real world? Discuss with reference to any

particular product or service of your choice.

  1. “Classification of markets is based on their characteristics.” Substantiate this

statement taking examples from Monopoly and Oligopoly market structures in real

world.

  1. Write short notes on the following:-

(a) The Law of Demand

(b) Peak Load Pricing

(c) Alternative costs.

 

 

 

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ASSIGNMENT

Course Code : MS – 10

Course Title : Organisational Design, Development and Change

Assignment Code : MS-10/TMA/SEM-I/2016

Coverage : All Blocks

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016

to the coordinator of your study centre.

  1. What is organisational design? In your opinion what are the key factors that affect

organisation design? Explain with the help of examples.

  1. Enlist the types of organisation structure. Discuss few organisational structure and

identify their type.

  1. Explain the concept of workplace and architectural ergonomics with the help of

examples.

  1. What is an interview? Discuss how different types of interview methods citing

examples.

  1. Explain the meaning of OD intervention. Enlist the type of alternate interventions

that are carried out in an organisation that you are familiar with.

 

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ASSIGNMENT

Course Code : MS – 11

Course Title : Strategic Management

Assignment Code : MS-11/TMA/SEM – I/2016

Coverage : All Blocks

 

 

 

 

Note: Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. How do political-legal forces present an opportunity and threat to a particular

organization? Explain with the help of an illustration.

  1. Choose an organization that has multiple business units. Categorize each business unit in the a) BCG framework b) GE framework
  2. Select an organization of your choice following differentiation strategy. Now analyze as to how this strategy has helped the organization to develop competitive advantage over

its competitors.

  1. Explain the linkage between the corporate-level strategy, business-level strategy and

functional strategies giving examples.

  1. How do ethics and values help the organization in developing a sound corporate culture? Discuss with the help of suitable examples.

 

 

 

 

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ASSIGNMENT

Course Code : MS – 21

Course Title : Social Processes and Behavioural Issues

Assignment Code : MS-21/TMA/SEM – 01 /2016

Coverage : All Blocks

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016

to the coordinator of your study centre.

  1. Describe the emerging scenario of corporate governance and business ethics.

Collect instances of corporate governance and business ethics practices followed

by organisations. Briefly describe the organizations you are referring to.

  1. Describe the process of perception. How behaviour is influenced by perception?

Explain with the help of examples

  1. What is persuasion? Explain the relevance of persuasion in organizations citing

examples.

  1. Roles and norms are control mechanisms of groups. Discuss with the help of

examples.

  1. Define political behaviour and enlist the factors that contribute to organisational

politics citing examples.

 

 

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ASSIGNMENT

Course Code : MS – 22

Course Title : Human Resource Development

Assignment Code : MS-22 /TMA/SEM – I/2016

Coverage : All Blocks

 

 

 

 

Note: Attempt all the questions and submit this assignment on or before 30th April, 2016

to the coordinator of your study centre.

  1. Discuss the process of coaching. What are the basic steps followed in conducting

coaching and mentoring in an organization? Explain with an example.

  1. What is compensation system? Explain how reward management is carried out in

an organisation citing relevant examples.

  1. What is international theory building in HRD? Explain the HRS trends in multi

national companies.

  1. What is 360 degree feedback? Explain how 360 degree appraisal is carried out in

an organisation. Cite examples.

 

 

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ASSIGNMENT

Course Code : MS – 23

Course Title : Human Resource Planning

Assignment Code : MS-23 /TMA/SEM – I/2016

Coverage : All Blocks

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016

to the coordinator of your study centre.

  1. Explain the forecasting demand for employees. Describe various issues in demand

forecasting with suitable examples from an organization you are familiar with.

  1. What do you mean by job evaluation? Describe the methods of job evaluation being

used in an organization you are familiar with. Discuss advantages and disadvantages

of the job evaluation methods.

  1. Explain the meaning of orientation, objectives, policy and contents of orientation.

Describe the orientation programme of any organization you are familiar with.

  1. What is career planning? Discuss the aims and objectives of career planning.

Describe the benefits of career planning with suitable examples from any

organization you are familiar with.

  1. Explain the concept, need and the scope of the Human Resource audit. Describe the

essential steps being used in the auditing process of any organization you are familiar

with.Depreciation Income Tax Payable in four installments of which one falls in the next financial year Rs.

3,00,000

1,08,000

96,000

1,20,000

30,000

18,000

12,000

60,000

Additional Information is as follows:

– Credit given by suppliers of materials is 2 months

– Credit allowed to customers is 1 month

– Wages are paid half month in arrear

– Manufacturing and administrative expenses are paid one month in arrear

– Selling and distribution expenses are paid quarterly in advance

– The company wishes to keep one month stock of raw material and also of finished

goods

– The company believes in keeping cash of Rs. 50,000 including the overdraft limit of

Rs. 20,000 not yet utilized by the company.

  1. (a) Why are the Letters of Credit (LCs) known as non fund based working capital finance and what role do they play in facilitating trade?

(b) Is it right to say that the LCs do not involve any financial obligation or risk on the part

of the issuing banker? Give your comments.

  1. What do you mean by ‘Short Term Integrated Funds Planning’? Discuss whether this

planning is really practiced in the corporate world in India.

  1. Identify the major players in the Indian Money Market. Discuss the major hurdles they

face in their operations.

 

 

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ASSIGNMENT

Course Code : MS-41

Course Title : Working Capital Management

Assignment No. : MS-41/TMA /SEM-I/2016

Coverage : All Blocks

 

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. Collect the Financial Statements of any two firms from the same industry for 2014-2015 and calculate their Efficiency, Liquidity and Structural Ratios. Based on these ratios give your views on the working capital management of these firms.
  2. The Ratan Corporation sells goods earning a gross profit of 25% on sales. You are required to prepare a Statement showing the Working Capital requirement of the company adding 10% margin for contingencies from the annual figures given below : Sales Materials used Wages Manufacturing Expenses Administrative and other Expenses Selling and Distribution Expenses Depreciation Income Tax Payable in four installments of which one falls in the next financial year

Rs. 3,00,000 1,08,000 96,000 1,20,000 30,000 18,000 12,000 60,000 Additional Information is as follows: – Credit given by suppliers of materials is 2 months – Credit allowed to customers is 1 month – Wages are paid half month in arrear – Manufacturing and administrative expenses are paid one month in arrear – Selling and distribution expenses are paid quarterly in advance – The company wishes to keep one month stock of raw material and also of finished goods – The company believes in keeping cash of Rs. 50,000 including the overdraft limit of Rs. 20,000 not yet utilized by the company.

  1. (a) Why are the Letters of Credit (LCs) known as non fund based working capital finance and what role do they play in facilitating trade? (b) Is it right to say that the LCs do not involve any financial obligation or risk on the part of the issuing banker? Give your comments

. 4. What do you mean by ‘Short Term Integrated Funds Planning’? Discuss whether this planning is really practiced in the corporate world in India. 5. Identify the major players in the Indian Money Market. Discuss the major hurdles they face in their operations.

  1. Study the Brooke Bond (India) Ltd case given in Block – 5 and answer the questions

given at the end of the case.

 

ASSIGNMENT

Course Code : MS-42

Course Title : Capital Investment and Financing Decisions

Assignment No. : MS-42/TMA /SEM-I/2016

Coverage : All Blocks

 

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. What is meant by cost of capital? How is cost of long term debt and preference share

capital calculated? How is average weighted cost of capital measured? Explain.

  1. Define and explain the term, ‘Capital Structure’. Critically examine the Net Income

approach and Net Operating Income approach to capital structure theories.

  1. Discuss the various components of project planning. Explain the application of Work

Breakdown structure in monitoring and controlling a project.

  1. What are the major global sources of financing? Distinguish between Foreign Direct

Investment and Portfolio Investment.

  1. What is Financial Engineering? Explain the factors which motivate the finance manager to undertake financial engineering.

 

 

 

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ASSIGNMENT

Course Code : MS-43

Course Title : Management Control Systems

Assignment No. : 43/TMA/SEM-I/2016

Coverage : All Blocks

 

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the Coordinator of your study centre.

  1. Discuss the interlinkages between some of the new management techniques such as TQM, JIT and Activity Based Costing, with the conceptual foundations of Management Control Systems.
  2. Select any Organization of your choice and study in detail whether Responsibility Centers are essential for that Organization or not? If you think the Responsibility Centers are essential describe how the Organization should go about it.
  3. A Fertilizer company has given the following budget expense for the production of 10,000 bags of a particular product. Per unit Direct materials Direct labour Variable overheads Fixed overheads (Rs. 1,50,000) Variable expenses (direct) Selling expenses (10% fixed)   Administrative expenses (Rs. 50,000 rigid for all levels of production)

Distribution expenses (20% fixed) Total cost of sale per unit Rs. 60 30 25 15 05 15

05 05 160 Prepare a budget for production of 6,000; 7,000 and 8,000 bags, showing distinctly marginal cost and total cost.

  1. Explain as to how a service organization is different from that of a manufacturing

organization? Do these differences affect the control system design of these organization?

If yes how.

  1. Study the Brooke Bond (India) Ltd case given in Block – 5 and answer the questions

given at the end of the case.

 

 

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ASSIGNMENT

ASSIGNMENT

Course Code : MS – 51

Course Title : Operations Research

Assignment Code : MS-51/TMA/SEM – I /2016

Coverage : All Blocks

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. Define Operations Research. Also, give a brief historical background of Operations

Research.

  1. ABC Company is engaged in manufacturing five brands of packed snacks. It is having

five manufacturing set ups, each capable of manufacturing any of its brands one at a

time. The cost to make a brand on these set ups vary according to the following table:

S1 S2 S3 S4 S5

B1 4 6 7 5 11

B2 7 3 6 9 5

B3 8 5 4 6 9

B4 9 12 7 11 10

B5 7 5 9 8 11

Assuming five set ups are S1 ,S2, S3, S4, and S5 and five brands are B1, B2, B3, B4 and B5, find the optimum assignment of products on these set ups resulting in the minimum cost.

  1. What is goal programming? State clearly its assumptions. Identify the major differences between linear programming & goal programming.
  2. A company has determined from its analysis of production and accounting data that, for a part number KC-438, the annual demand is equal to 10,000 units, the cost to purchase the item is Rs 36 per order, and the holding cost is Rs 2/unit/year.

(a) What should the economic order quantity be?

(b) What is the number of days’ supply per optimum order? (Assume 300 working days

in a year)

  1. “Game theory provides a systematic quantitative approach for analyzing competitive

situations in which the competitors make use of logical process and techniques in order

to determine an optimal strategy for winning”. Comment.

 

 

 

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ASSIGNMENT

Course Code : MS – 52

Course Title : Project Management

Assignment Code : MS-52/TMA/SEM – I /2016

Coverage : All Blocks

 

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. What are the phases of a project development cycle? Give the salient tasks under each

phase. What are the outlines of opportunity studies in project management? How do

there impact upon project feasibility studies?

  1. Doubled Project Report (DPR) forms the foundation on which the entire superstructure

of the project is built – if it is weak, project cannot weather the turbulent times ahead.

Bring out the do’s and don’ts of a good DPR.

  1. What is the concept of “Free Float” (Primary slackness) and “Total Float” (Secondary

slackness)? Bring out their significance in project management.

  1. A good team-work speeds up project implementation justify. Developing self directed

projected teams is the key to improving effectiveness in project management. Elucidate.

  1. Describe the objectives, planning procedure and organizational structure required for

commissioning of projects. What quality control methods are prevalent in project

management?

 

 

 

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ASSIGNMENT

Course Code : MS – 53

Course Title : Production/Operations Management

Assignment Code : MS-53/TMA/SEM – I /2016

Coverage : All Blocks

 

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April,

2016 to the coordinator of your study centre.

  1. “We have entered the age of technology; henceforth everything will be knowledge based.” Discuss the above in the context of increasing use of technology-based resources for achieving tasks.
  2. Over the years, many variations on classical Delphi have been forwarded. Briefly

discuss these variants.

  1. Capacity will be modified in response to demand. Demand will be modified in response to capacity. Which of these two statements is correct? Why?
  2. What are the different criteria for scheduling jobshop production system? Give

their justification also.

  1. Inventory of material provides operational flexibility. But, many flexible

operational systems need little inventory. Explain this seeming contradiction.

 

 

 

 

ASSIGNMENT

Course Code : MS – 54

Course Title : Management Information Systems

Assignment Code : MS-54/TMA/SEM – I /2016

Coverage : All Blocks

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April,

2016 to the coordinator of your study centre.

  1. Define structured and unstructured decisions. Discuss the rational individual

models of decision making. What are the implications of these models to information system analysts?

  1. How much importance should be accorded to implementation phase as part of the

total MIS development activity? Explain. Briefly discuss the various

implementation strategies. Under what circumstances are they suitable?

  1. What are the various kinds of network topologies? Describe the types of

switching available in networks and describe the various applications to which

networks can be put.

  1. Outline the basic sequence of steps to acquiring a DMBS. What steps are the most

important? Why should an organization be careful about placing over reliance on

“benchmark” tests in selecting a DBMS?

  1. Write a detailed note on “the impact of computerization on our living style”.

 

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ASSIGNMENT

Course Code : MS – 61

Course Title : Consumer Behaviour

Assignment Code : MS-61/TMA/SEM – I/2016

Coverage : All Blocks

 

 

 

 

Note : Attempt all the questions and submit your assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. Imagine yourself as a retailer for menswear and propose how you would use lifestyle

approach to succeed in your venture.

  1. What is meant by subliminal persuasion? Explain the various subliminal techniques.
  2. Define personality. What are the differences between the trait theory and the

psychoanalytic theory of personality?

  1. What is a reference group? Name two reference groups that are important to you. In what ways do they influence you in your purchasing behaviour?
  2. You are a marketing manager of a company that has started manufacturing washing

machines. How will you anticipate, analyse and respond to the post-purchase feelings of

your customers.

 

 

 

 

ASSIGNMENT

Course Code : MS – 64

Course Title : International Marketing

Assignment Code : MS-64/TMA/SEM – I/2016

Coverage : All Blocks

 

 

 

 

Note : Attempt all the questions and submit your assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. Distinguish between the following:

(a) Free Trade Area and Customs Union

(b) Polycentric and Ethnocentric Orientations

  1. Explain the various products – communications strategies available to an international

marketer, giving suitable examples.

  1. Briefly explain the components of international advertising strategy. What are the

relative advantages of standardization and adaptation of an international advertising

programme.

  1. What do you understand by the term ‘Political Risk’? Explain the strategies available

to international marketers for management of political risk.

  1. A manufacturer of handloom products is planning to enter international markets. He

has a well established domestic business and wants to go overseas.

Discuss:

(a) The ways in which he can go international.

(b) What environmental analysis he has to undertake to understand the overseas

markets?

(c) The organizations he can approach which can guide him and facilitate his export

efforts.

 

 

 

 

ASSIGNMENT

Course Code : MS-91

Course Title : Advanced Strategic Management

Assignment Code : MS-91/TMA/SEM-I/2016

Coverage : All Blocks

 

 

 

 

 

 

 

Note: Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. Describe the concept of corporate planning. Discuss the implementation of corporate

planning in detail.

  1. Discuss the nature and scope of corporate management and its role in non-business

organizations, giving examples.

  1. “Different market structures have different viewpoints with respect to competition”.

Explain the statement with respect to market structures and sustainable competitive

advantage.

  1. Discuss the issues and challenges in knowledge management in the present competitive environment.
  2. Select any service organization of you choice and explain how Information Technology has enhanced the quality of service of this organization.
  3. Write short notes:
  4. a) Social Audit
  5. b) Innovation and Creativity
  6. c) Dynamic Environment
  7. d) Narayana Murthy Committee

 

 

 

 

 

 

 

 

 

 

 

 

 

ASSIGNMENT

Course Code : MS – 92

Course Title : Management of Public Enterprises

Assignment Code : MS-92/TMA/SEM – I/2016

Coverage : All Blocks

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April,

2016 to the coordinator of your study centre.

  1. “The development of public sector in India can be divided in three phases.”

Briefly discuss.

  1. Briefly discuss the government‟s liberalization policy since 1991. Also, discuss

the implications of liberalization in the present context.

  1. „Public Enterprises in India function at three levels of administration: Central,

State and Municipal.” Critically examine the statement in the present context.

  1. Explain the relevance of marketing mix to public enterprises with special

reference to Product mix and Price mix.

  1. Discuss any two major strategic issues arising out of disinvestment.
  2. Write short notes on the following:-

(a) Retraining

(b) Board for Industrial and Financial Reconstruction (BIFR)

(c) Central Vigilance Commission (CVC)

 

 

 

 

 

 

 

 

 

 

ASSIGNMENT
Course Code : MS-95
Course Title : Research Methodology for Management Decisions
Assignment No. : MS-95/TMA /SEM-I/2016
Coverage : All Blocks

 

 

 

 

 

 

 

 
Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

  1. Explain briefly why data collection and data analysis should not be separated at the planning stage of any research project.
  2. What do you understand by stratification of a population? Why is it said that stratified sampling improve precision?
  3. Define Dichotomous data. Mention two reasons which make Guttman scale an impractical tool for the measurements of attitudes.
  4. Two different varieties of mushroom were grown on 6 and 7 plots of the same size. At the end of the crop run, the following quantities of yield were observed for the two varieties: Variety I 16 12 11 13 15 17 Variety II 11 11 10 15 14 16 10 Using the Mann-WhitneyUtest, verify at 0.05 level of significance whether the two varieties of mushroom produce the same yield.
  5. Yours is a consulting organization which undertakes business research studies. A prospective client visits your organization and wants to know the types of job your organization undertakes. What sort of pre-presentation handouts would you prepare before making a presentation to him?

 

 

MFP-1: EQUITY MARKETS

ASSIGNMENT

Course Code : MFP – 1

Course Title : Equity Markets

Assignment Code : MFP -1/TMA/SEM-I/2016

Assignment Coverage : All Blocks

 

 

 

 

 

 

 

 

Note: Attempt all the questions and submit this assignment on or before 30th April,

2016 to the Coordinator of your Study Centre.

  1. Discuss and analyze the major activities in distribution, allocation and listing of a

Public Issue.

  1. Explain the Evolution of Indian Financial Markets since the Post Independence era

and comment on their present status.

  1. Select any Stock Exchange of your choice and find out the grievances handling

procedure that is being followed in that Exchange. Give a detail report of your

findings.

  1. Explain how the stock price can be obtained using the multi-period valuation

model with the help of a suitable example.

  1. As a Portfolio Manager if you are asked to advise as to whether the diversification

of portfolio is to be carried out at asset level, industry level or geography level

which diversification strategy you would suggest and Why.

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MFP-2: EQUITY DERIVATIVES

ASSIGNMENT

Course Code : MFP – 2

Course Title : Equity Derivatives

Assignment Code : MFP -2/TMA/SEM-I/2016

Assignment Coverage : All Blocks

 

 

 

 

 

 

 

 

Note: Attempt all the questions and submit this assignment on or before 30th April,

2016 to the coordinator of your study centre.

  1. What are derivatives? Discuss the major types of derivative instruments and

elaborate the uses of derivatives. Discuss the scrip selection criteria for derivatives

segment.

  1. List the various corporate actions due to which the prices of derivative contracts

has to be adjusted. How is the future price adjusted for dividends, stock split and

bonus issue?

  1. What are ‘Options’? Differentiate between Put and Call options. Explain the

payoffs associated with writing put and call options. Discuss the different

strategies that are applied for using hedging options.

  1. What is ‘Clearing and Settlement’? Discuss the settlement mechanism of option

contracts.

  1. What is meant by ‘Mark to Market Margin’ ? Explain the concept of Value At Risk

(VAR). Explain the different kinds of margins on Futures positions that are

required to be paid by the clients to the Exchange.

 

 

 

 

MFP-3: COMMODITY MARKET

ASSIGNMENT

Course Code : MFP – 3

Course Title : Commodity Markets

Assignment Code : MFP -3/TMA/SEM-I/2016

Assignment Coverage : All Blocks

 

 

 

 

 

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016

to the Coordinator of your Study Centre.

  1. Make a detailed study on any two leading Commodity Exchanges in Europe and

prepare a note on how these exchanges are different from the exchanges in India.

  1. Discuss the objectives, role and functions of National Bulk Handling Corporation.
  2. Discuss the trends in Gold trade during the past 5 years. Also analyze the major

policy changes that have taken place in this.

  1. Explain the major events that have led to the volatility in Crude Oil prices during

the last 5 years.

  1. Describe the application of long and short Hedge in managing risk using

commodity futures with the help of suitable examples.

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MS – 54 Management Information Systems

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ASSIGNMENT

 

 

Course Code                                                      :                               MS – 54

Course Title                                                       :                               Management Information Systems

Assignment Code                                            :                               MS-54/TMA/SEM – I /2016

Coverage                                                             :                               All Blocks

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

 

Question.1. Define structured and unstructured decisions. Discuss the rational individual models of decision making. What are the implications of these models to information system analysts?

 

Answer:Decisions can vary from structured to unstructured.

 

They can be differentiated in that structured decisions have a well defined methodology for finding a solution and have the data to reach a decisions. They are usually straight forward and made on a regular basis.An example of a structured decision in my company is whether or not to withdraw funds from an international account depending on the current exchange rate.

 

Unstructured decision rely on knowledge and/or expertise and often require data and models to solve.An example of an unstructured decision in my company is what types of new content should be created and what market should be targeted.

 

 

Question.2. How much importance should be accorded to implementation phase as part of the total MIS development activity? Explain. Briefly discuss the various implementation strategies. Under what circumstances are they suitable?

 

Answer:Information is a set of classified and interpreted data used in decision making. It has also been defined as ‘some tangible or intangible entity which serves to reduce uncertainty about future state or events’ (Lucas, 1978). A management information system (MIS) is ‘an integrated user-machine system for providing information to support operations, management and decision making functions in an organization. The system utilizes computers, manual procedures, models for analysis, planning, control and decision making, and a database’ (Davis and Olson, 1984). MIS facilitates managerial functioning. Management information

 

 

 

 

Question.3. What are the various kinds of network topologies? Describe the types of switching available in networks and describe the various applications to which networks can be put.

 

Answer:The way in which the connections are made is called the topology of the computer network. Now I am discussing about network topology, Network topology specifically refers to the physical layout of the network, especially the locations of the computers and how the cable is run between them.

 

Four most common topologies are:

 

Bus Topology:All the devices on a bus topology are connected by one single cable. When one computer sends a signal up the wire, all the computers on

 

 

 

 

 

Question.4. Outline the basic sequence of steps to acquiring a DMBS. What steps are the most important? Why should an organization be careful about placing over reliance on “benchmark” tests in selecting a DBMS?

 

Answer:DBMS has to be persistent. Accessible when the program created the data ceases to exist or even the application that created the data restarted. It has to provide some uniform methods independent of a specific application for accessing the information that is stored.DBMS does not impose any constraints or security with regard to data manipulation. DBMS are for smaller organizations with small amount of data, where security not major concern.

 

Database is a collection of related data and data is a collection of facts and figures that can be processed to produce information.

 

Mostly data represents recordable facts. Data aids in

 

 

 

 

Question.5. Write a detailed note on “the impact of computerization on our living style”.

 

Answer:Almost a century ago, a large number of inventions took place during the first industrial revolution. Within a short span of time, many countries became industrialized. Now we are in the beginning of another industrial revolution. The major cause of the second industrial revolution is the invention of computers. Computer is the most versatile machine humans have ever created. It plays an important role in our everyday life. It covers huge area of application including education, industries, government, medicine, and scientific research, law and even music and arts. Without computers, life wound certainly be difficult and different.

 

Uses of Computer in Science and field: Scientists use computers to develop theories, collect, analyze and test the data, and exchange of information

 

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MS – 53 Production/Operations Management

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ASSIGNMENT

 

 

Course Code                                                                      :               MS – 53

Course Title                                                                       :               Production/Operations Management

Assignment Code                                                            :               MS-53/TMA/SEM – I /2016

Coverage                                                                             :               All Blocks

 

 

Note : Attempt all the questions and submit this assignment on or before 30th April, 2016 to the coordinator of your study centre.

 

Question.1. “We have entered the age of technology; henceforth everything will be knowledge based.” Discuss the above in the context of increasing use of technology-based resources for achieving tasks.

 

Answer:The Information Age (also known as the Computer Age, Digital Age, or New Media Age) is a period in human history characterized by the shift from traditional industry that the Industrial Revolution brought through industrialization, to an economy based on information computerization. The onset of the Information Age is associated with the Digital Revolution, just as the Industrial Revolution marked the onset of the Industrial Age.

 

During the information age, the phenomenon is that the digital industry creates a knowledge-based society surrounded by a high-tech global

 

 

 

 

Question.2. Over the years, many variations on classical Delphi have been forwarded. Briefly discuss these variants.

 

Answer:: As Delphi has spread, many variants of the process have emerged out of the conventional procedure. Each variant aimed at improving the procedure in order to respond to needs and critiques. The attempts to refine the Del phi procedure were undertaken by Olaf Helmer (1966b) himself, the originator of Delphi. Since then many other versions have been suggested to reflect and solve different problems. Variants that developed a practical approach to Delphi as a means to facilitate group judgment formulation and

 

 

 

Question.3. Capacity will be modified in response to demand. Demand will be modified in response to capacity. Which of these two statements is correct? Why?

 

Answer:When an organization has a clear grasp of its capacity constraints and an understanding of demand patterns. It is in a good position to develop strategies for matching supply and demand.

 

There are two general approaches for accomplishing demand and capacity.

 

  • The first is to smooth the demand fluctuations themselves by shifting demand to match existing supply.

 

 

 

Question.4. What are the different criteria for scheduling jobshop production system? Give their justification also.

 

Answer:Job shop scheduling (or job-shop problem) is an optimization problem in computer science and operations research in which ideal jobs are assigned to resources at particular times. The most basic version is as follows:

 

We are given n jobs J1, J2, …,Jn of varying sizes, which need to be scheduled on m identical machines, while trying to minimize the makespan. The makespan is the total length of the schedule (that is, when all the jobs have finished processing). Nowadays, the problem is presented as an online problem (dynamic scheduling), that is, each job is presented, and the online algorithm needs to make a decision about that job before the next job is presented.

 

This problem is one of the best known online problems, and was the first problem for which competitive analysis was presented, by Graham in

 

 

 

 

Question.5. Inventory of material provides operational flexibility. But, many flexible operational systems need little inventory. Explain this seeming contradiction.

 

Answer:Companies today must be fast and nimble enough to react quickly to changes in customer demand and do it with little inventory. Gone are the days when manufacturers could stockpile large quantities of raw materials, load up the shop floor with work-in-process and pack warehouses with finished goods. The old ways caused erratic and long lead times, high costs and required too much cash for working capital.

 

 

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BBA504 &TAXATION MANAGEMENT

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ASSIGNMENT

 

DRIVE Fall 2015
PROGRAM BBA
SEMESTER V
SUBJECT CODE & NAME BBA504 &TAXATION MANAGEMENT
BK ID B1852
CREDIT 2
MARKS 30

 

 

Note –Please provide keywords, short answer, specific terms, specific examples and marksbreak – up (wherever necessary)

 

Note –Answer all questions. Kindly note that answers for 10 marks questions should beapproximately of 400 words. Each question is followed by evaluation scheme.

 

Question.1. Explain the basic concepts of Taxation :

  1. a) Tax Management
  2. b) Assessment Year
  3. c) Previous Year
  4. d) Assesse

 

Write about the capital receipts Vs Revenue receipts. Write the two basic conditions todetermine the residential status of an individual.

 

Answer:An assesses may get income from different sources, eg:- salaries-house property income-profits and gains of business or profession – capital gains income from other sources like interest on securities , lottery winnings, races etc.

 

Income from each of these sources

 

 

 

Question.2. Explain Tax Planning, Avoidance and Evasion. Write about penalties andprosecutions.

 

Answer:Explanation of tax planning , avoidance and evasion

 

Tax Evasion:Tax Evasion term is usually used to mean ‘illegal arrangements where liability to tax is hidden or ignored i.e. the tax payer pays less than he is legally obligated o pay hy hiding income or information from tax authority. Thus, here the tax liability is reduced by “illegal and fraudulent” means.

 

 

 

 

Question.3. Explain about depreciation and depreciable assets.

Solve the below given problem

 

From the following details in respect of Mr Siddharth, calculate the incomechargeable under the head income from salaries. Basic salary Rs.3,40,000 Dearnessallowance Rs.1,60,000 House rent allowance Rs.1,48,000 City compensatoryallowance (per month) Rs.34,000 Profession tax deducted from salary Rs.6,000 Thefollowing additional information is provided: (a) Mr Siddharth was provided varioustaxable perquisites which were valued at Rs.24,000. (b) Mr Siddharth was provided acar exclusively for travel between his residence and office. He lives in a house ownedby him.

 

Answer:In accountancy, depreciation refers to two aspects of the same concept:

 

  • The decrease in value of assets (fair value depreciation)
  • The allocation of the cost of assets to periods in which the assets are used (depreciation with the matching principle)

 

In determining the profits (net income) from an activity, the receipts from the activity must be reduced by appropriate costs. One such cost is the cost of assets used but not immediately consumed in the activity. Such cost so allocated in a given period is equal to the reduction in the value placed on the asset, which is initially

 

 

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