Purchase and Material Management. Sub Code: BBA 5 th Semester. 20 Important Questions

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1 Purchase and Material Management Sub Code: 5001 BBA 5 th Semester 20 Important Questions Q1 Define Purchasing. What are the functions of purchase department? Q2 Explain the relation between purchase department & other department? Q3 Discuss the Five R s of purchase? Q4 What do you mean by purchase cycle? What do the activities constitute a typical purchase cycle? Q5 What do you mean by determination of material quality. Explain the determinants of quality? Q6 Explain the criteria for selection of a vendor. Also discuss the factors affecting the vendor selection? Q7 Do you favor buying an item from other sources instead of making it in house? Support your answer with reasons. Q8 Discuss the method of price determination? Also list out the factor that influence the price determination? Q9 What is negotiation. What are the qualities of good negotiator? Q10 Define & explain the purchase procedure in a manufacturing concern? Q11 Define Material management. Discuss its scope & function? Q12 Discuss the conventional & modern approach to organization for material management? Q13 Explain the process of standardization. What are its limitations? Q14 What is value analysis or value engineering. Also explain its concept & techniques. Q15 What is meant by Location of stores? Discuss the various types of stores layout. Q16 Discuss the factors that influence the selection of material handling system.

2 Q17 Define Codification. Discuss its merit & demerits. Q18 List the various types of material stores in a manufacturing firm. Q19 What do you mean by classification of material. How the material is classified. Q20 Discuss the major factors influencing spares parts inventories. Q21 Define the term material handling. State its objectives. Q22 Describe the various modes of transport. Explain the factors to be considered in selection of mode of transport. By: Seema Mittal & Payal Sharma

3 20 important questions for practice BBA V SEM CNI BBA 5004 Q. 1 What do you mean by networking? What are its advantages and disadvantages? Q. 2 What is networking topology? Explain different types of networking topologies with their merits and demerits? Q. 3 What is difference between Analog & Digital signal? (forms of data transmission) Q. 4 Explain various modes of data transmission? Q. 5 What are communication channels/transmission media? Q. 6 Explain OSI reference model? Q. 7 Distinguish between OSI & TCP/IP reference model? Q. 8 Explain TCP/IP? Q. 9 What do you mean by flow control? Explain various type of flow control Q. 10 Define network devices? Q. 11 Write short notes on cryptography, routers, ISP. Q. 12 Internet meaning, requirement, advantages, disadvantages? Q. 13 Define Network security? Q. 14 What is Search engine? Explain working of search engine? How we can search web using search engine? What are the various search engines available? Q. 15 Write short note on Newsgroup. Q. 16 Intranet meaning, hardware & software requirement of intranet, advantages? Difference between intranet & internet? Q. 17 Write short note Intranet as a Business tool? Q. 18 How to build corporate World Wide Web? (Short note) Q. 19 Explain various intranet protocols? Q. 20 Explain Intranet security? What are types of firewall? Q. 21 What is Routing? Explain type of routing algorithms and routing metrics? Q. 22 Explain various scenarios for future of intranet? Q. 23 Write short note on: Newsgroups, setting in Dial up connection?

4 Company Law Subject Code : 5002 BBA V semester Unit I 1. Discuss the main features of the Companies Act 1956 and state the various important amendments made in it from time to time. 2. A company is an artificial person created by law with a perpetual succession and a common seal. Explain this statement and discuss the basic features on a company. 3. What is Corporate Veil? When is it pierced? OR A company is a legal person distinct from its members taken individually and collectively discuss. Are there circumstances in which the law may disregard the legal personally of a company? 4. State in brief the various kinds of companies which can be registered under the Companies Act, Define a private company. How does it differ from a public company? And state the special privileges and exemptions or concession which Pvt. Co. enjoys under the company Act Describe briefly the procedure for converting a private company into a public company and vice-versa 7. A promoter is not a trustee or agent for the company, but he stands in a fiduciary position towards it. Discuss. And state the duties and liabilities of promoters. 8. How is a company formed under the companies act, 1956? Enumerate and explain in brief various documents to be filed with the registrar. 9. Define Memorandum of Association. Explain its purpose and importance. 10. Memorandum of Association is a charter of the Company. Comment and explain different clauses of Memorandum of Association and how are these altered? 11. Define Articles of Association and give the content thereof. Discuss how and to what extent articles of association of a company can be altered? 12. Discuss the doctrine of ultra virus a company, the directors and the Articles. What is the legal effect of ultra virus acts? 13. Explain the Doctrine of Indoor Management. Are there any exceptions to this doctrine? 14. Define Prospectus and explain its contents. Give the provision of Indian Companies Act, 1956 as regards to the issue of prospectus. 15. What is meant by mis-statement in a prospectus? What are the remedies available to a person who has been induced to invest in the share of a company by misrepresentation in its prospectus?

5 16. What is the difference between an underwriter and a broker? What are the provisions of law regarding the payment of underwriting commission? Unit II 17. Every shareholder of a company is also its member while every member may not be a shareholder of the company. Comment on this statement and explain who can become a member. How is membership terminated? 18. What is meant by a meeting? What are the various kinds of meetings of a company? Give brief description of each kind. 19. What is statutory meeting? What are the nature, scope and extent of business to be transacted in such meeting? What is a statutory report? What are its contents? What are the consequences of not holding a statutory meeting? 20. What do you understand by a resolution How many types of resolutions can be passed by a company? What are the provisions of the companies Act with respect to resolution? 21. Discuss the requisites of a valid general meeting. 22. What is proxy? Who can appoint proxy? What are the rights of a proxy? 23. Define Quorum. What is the quorum for a general meeting and a board meeting? What course of action should be adopted when the quorum is not complete at a general meeting? 24. What is dividend? State the success and provisions of declaration of dividend. Also discuss about interim dividend. 25. What are the provisions of the Companies Act, 1956, relating to the appointment, removal and remuneration of auditors of companies? 26. An auditor is a watch dog and not a bloodhound. In the light of this statement, narrate the duties of a company auditor. Also give some case laws. 27. What is meant by an investigation of the accounts of a business? What is an investigation conducted? What special points are kept in mind during the investigation? Unit III 28. Define the term Director. What is the legal position of directors in a company? Are they liable for their acts to third parties? 29. What are the restrictions on the appointment of directors in a public company? What are their qualifications and disqualifications? State the provisions of the Companies Act in respect of remuneration of directors. 30. Explain the meaning and need of corporate governance. What are the principles of corporate governance? 31. Discuss in brief the mandatory requirements of corporate governance in listed companies as per the provisions of clause 49 of the listing agreement. Unit IV

6 32. Discuss the borrowing powers of a company. If a company borrows beyond its powers, what remedies are open to a person who has lent money to the company? 33. What is a debenture? What are the different kinds of debentures? What is the difference between a shareholder and a debenture holder? 34. Distinguish between a mortgage and a charge. When does a floating charge become fixed charge? Which charges are required to be registered under companies Act, 1956? 35. What do you mean by the term oppression as used in section 397? State the provisions of Companies Act, 1956 for prevention of oppression in a company. 36. What do you mean by the term Mismanagement? State the provisions of the companies Act, 1956 for prevention of mismanagement in a company. 37. What powers can the National Company Law Tribunal and the Central Government exercise to prevent oppression and mismanagement of a company? 38. What do you mean by winding up of a company? What are the various modes of winding up? 39. Discuss the provisions of the Companies Act regarding appointment and removal of a liquidator appointed by the National Company Law Tribunal. What are his powers in winding up? ****************************

7 Management Accounting BBA V semester Subject Code: bba Discuss the nature and scope of management Accounting. Also describe the steps required for installing Management Accounting System. 2. Define Management Accounting. How does it differ from Financial and Cost Accounting? Explain the utility of Management Accounting in Business Management. 3. Define Management Accounting. Explain the principles and conventions of management accounting. What are the limitations of Management Accounting? 4. What is Marginal Costing? How is control exercised on costs through Marginal Costing Techniques? 5. What do you mean by Break-even Analysis? Discuss its advantages, assumptions and limitations. 6. Discuss the role of contribution in marginal costing. Discuss the important areas of management decisions helped by the application of variable costing technique. Also explain its limitations. 7. What do you understand by Responsibility Accounting? Explain the significance of responsibility accounting. And discuss its problem in implementing in business. 8. What is a responsibility centre? Explain different types of responsibility centres. What are the prerequisites in it s in its implementation in an industrial organisation? 9. Define responsibility accounting. Explain how the management decides about the performance of organisation units. 10. What is budgeting and how is it exercised? Discuss the various advantages and essentials for the success of budgeting. 11. What do you understand by Budgetary Control? Discuss the types and process for preparation of budgets prepared. 12. What do you mean by flexible budget and explain its utility. How is differ from fixed budget. Prepare a Performa of flexible budget of a manufacturing concern for imaginary activity levels in a suitable form. 13. What do you mean by financial statements? How are these analysed? Explain various techniques of it. 14. Explain the following and indicate their uses as techniques for financial statement analysis: a) Comparative Balance Sheet b) Common Size Statement 15. Ratios are indicators sometimes pointer but not in themselves powerful tools of management. In the wrong hands, ratios can be very dangerous as it is possible to draw incorrect conclusions from them particularly when based on insufficient detailed data. Discuss. (Hint : Meaning and importance of Ratio Analysis, Limitations and how to overcome from these limitations)

8 16. What is a Fund Flow Statement? Explain the importance and limitations of fund flow statement. 17. What do you mean by funds and flow? Explain different sources and applications of fund, with suitable illustrations. 18. Distinguish between Fund Flow and Cash Flow Statement. What are the advantages of preparing Cash Flow Statement/ 19. How is Cash Flow Statement prepared? Explain with the help of suitable illustration. 20. What do you mean capital budgeting? Explain the different methods of capital budgeting. ****************************