GANPAT UNIVERSITY M.B.A. SEMESTER-II EXAMINATION APRIL - JUNE 2017 IIAOlBEN Business Environment

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1 r-- Time: 3 Hrs. Instructions: Seat No GANPAT UNIVERSITY M.B.A. SEMESTER-II EXAMINATION APRIL - JUNE 2017 IIAOlBEN Business Environment Marks: Attempt all questions. 2. Be precise in answering the questions. Q# 1 (A) Discuss the Nature and Significance of Business Environment. (5) (B) Write a note on Consumer Protection Act of India. (5) Q#2 (A) Discuss the Industrial (development and regulation) Act (5) (B) Discuss the Problem of Poverty in India. (5) Q#3 (A) Discuss recent Industrial Policy of India. (5) (B) Discuss salient features of Indian culture I values and their implications on Business. (5) Q#4 (A) Write a note on WTO. (5) {B) \Vrite a note on Green Marketing & Sustainable Developrn~nt. (5) END OF PAPER Page 1 of 1

2 TIME: 3HRS Instructions: GANPAT UNIVERSITY M.B.A. SEMESTER- II EXAMINATION APRIL- JUNE 2017 IIA02CMA COST AND MANAGEMENT ACCOUNTING 1. Figures to the right indicate marks of each question. 2. All questions are compulsory. 3. This is closed book examination Seat No. Marks: 40 Q # 1 Describe how cost accounting supports management accounting and financial (7) accounting Q # 2 The Walk Rite Shoe Company operates a chm-n ot shoe stores. The stores sell ten (7) different styles of inexpensive men's shoes with identical unit costs and selling prices. A unit is a pair of shoes. Each store has a manager who is paid a fixed salary. Individual salespeople receive a fixed salary and a sales commission. Walk Rite is trying to determine whether to open another store, which is expected to have the following revenue and cost relationships: Unit variable data Selling price Cost of shoes Sales commissions Total variable costs Annual fixed costs Rent Salaries Advertising Other fixed costs Total fixed costs Required: Consider each question independently: Per Pair $ $ $ $ 60, ,000 80,000 20,000 $360, What is the annual breakeven point in (a) units sold and (b) revenues? 2. If 35,000 units are sold, what will be the store's operating income (loss)? 3. If sales commissions were discontinued for individual salespeople in favor of an $81,000 increase in fixed salaries, what would be the annual breakeven point in (a) units sold and (b) revenues? Page 1 of 4

3 Q # 3 Retail outlets purchase snowboards from Slopes Inc. throughout the year. However, (7) in anticipation of late summer and early fall purchases, outlets ramp up inventories from May through August. Outlets are billed when boards are ordered. Invoices are payable within 60 days. From past experience, Slopes's accountant projects 20% of invoices are paid in the month invoiced, 50% are paid in the following month, and 30% of invoices are paid two months after the month of invoice. The average selling price per snowboard is $450. To meet demand, Slopes increases production from_april through July, b~cause the snowboards are produced a month prior to their projected sale. Direct materials are purchased in the month of production and paid for during the following month (terms are payment in full within 30 days of the invoice date). During this period there is no production for inventory, and no materials are purchased for inventory. Direct manufacturing labor and manufacturing overhead are paid monthly. Variable manufacturing overhead is incurred at the rate of $7 per direct manufacturing labor hour. Variable marketing costs are driven by the number of sales visits. However, there are no sales visits during the months studied. Slopes, Inc., also incurs fixed manufacturing overhead costs of $5,500 per month and fixed nonmanufacturing overhead costs of $2,500 per month. May June July 80 Units 120 Units 200 Units Projected Sales August September October 100 Units 60 Units 40 Units Direct Materials and Direct Manufacturing Labor Utilization and Cost Units per Board Price per Unit Unit Wood 5 $30 Board Feet Fiberglass 6 $ 5 Yard Direct manufacturing labor 5 $25 Hour The beginning cash balance for July 1, 2004 is $10,000. On September 1, 2003, Slopes had a cash crunch and borrowed $30,000 on a 6% one year note with interest payable monthly. The note is due October 1, Using the information provided above, You must determine whether Slopes will be in position to pay off this short term debt on October 1, Prepare a cash budget for the months of July through September, Show supporting schedules for the calculation of receivables and payables. Q # 4 What is transfer price? Discuss the different types oftransfer price. (7) Page 2 of 4

4 Q # 5 Family Supermarkets (FS) has decided to increase the size of its Memphis store. It (7) wants information about the profitability of Individual product lines: soft drinks, fresh produce and packaged food. FS provides the following data for 2003 for each product line: -- Revenues ---- Cost of goods Sold - Cost of bottles retu rned Number of Purchas e orders placed Number of deli veri es received Hours of shelf stoc king time Items sold Soft Drinks Fresh Produce Packaged Food $317,400 -$840;240 $483, , , ,000 4, ,160 1,080 50, , ,400 FS also provides the following information for 2003: Activity. - - Description of Total Cost Allocation Activity Costs Base - 1. Bottle Returning of empty $4,800 Direct tracing to returns bottles to store soft drink line Ordering Placing of orders for $62, purchase purchases orders Delivery Physical delivery and $100,800 1,260 deliveries receipt of merchandise 4. Self - Stocking of $69,120 3,456 hours of stocking merchandise on store shelf- stocking shelves and ongomg time restocking 5. Customer Assistance provided to $122, ,400 items support customers including sold checkout and bagging Total $360,000 Required: 1. Family supermarkets currently allocates store support costs {all costs other than cost of goods sold) to product lines on the basis of cost of goods sold of each product line. Calculate the operating income and operating income as percentage of revenue of each product line. Page 3 of 4...

5 2. If family supermarkets allocates store support costs (all costs other than cost of goods sold) to product lines using an Activity Based Costing system, Calculate the operating income and operating income as a percentage of revenues for each product line. Q # 6 The data below are for Marvin Department Store. The account balances (in (5) thousands) are for Marketing, distribution, and customer service costs Merchandise inventory, January l, 2004 Utilities General and administrative costs Merchandise inventory, December 31, 2004 Purchases Miscellaneous expenses Transportation in Purchase returns and allowances Purchase discounts $37,000 27,000 17,000 43,000 34, ,000 4,000 7,000 4,000 6,000 Required: Compute cost of goods purchased and cost of goods sold. 'END OF PAPER' Page 4 of 4

6 TIME: 3 HRS GANPAT UNIVERSITY M.B.A. SEMESTER- II. EXAMINATION APRIL- JUNE 2017 IIA03MMA MARKETING MANAGEMENT Instructions: 1. All questions are compulsory 2. Figures to the right indicate the marks of each question 3. Be concise and to the point. Use examples where it has been asked. Seat No Marks:40 Q # 1 Discuss about major shift in marketing discipline. Explain what the factors (OS) are affecting on it. Discuss the examples of modern marketing tactics. Q # 2 Loosing profitable customers can dramatically affect a firm's profits. The (OS) cost of attracting a new customer is estimated to be five times the cost of keeping current customer happy. Discuss about key to retain the customers. Q # 3 To understand how consumers actually make buying decision, marketers (OS) must identify who makes the decision and based on that different marketing campaign might be targeted to each type of person. - Discuss with example from FMCG market. Q # 4 Discuss about market targeting and market positioning strategy for private (OS) label brand in consumer durables. Q # S Evaluate the key success factor the success of P&G brand in consumer (08) packaged goods. It markets the leading brand in 19 out of 39 categories in which competes: Discuss the brand mantra used by P&G. Q # 6 Marketers feel that the image of the particular channel in which they sell (08) their products does not matter- all that matters is that right customer shop there and product displayed in the right way. Discuss it with examples from digital electronic products. Q # 7 Discuss the concepts like differentiated pricing, geographical pricing and (04) promotional pricing with examples End of Paper

7 TIME: 3 HRS Seat No GANP AT UNIVERSITY M.B.A. SEMESTER- II EXAMINATION APRIL -JUNE 2017 IIA04FMA FINANCIAL MANAGEMENT Instructions: 1. Write to the point. Give appropriate examples when needed. 2. Figure on the right side indicates mark. Marks:40 Q#1 (10) (A) Briefly explain role of financial manger in organization structure. (B) Illustrate proposition I ofmm hypothesis without tax with underlying assumption. Q#2 (10) (A) Compute the value of a preference stock of 8 years maturity, with a par value of The cost of preference stock is 9% and 10 % rate of dividend. Find out the value of preference if it is irredeemable. (B) You want to borrow Rs.l to buy a flat. You approach a housing finance company which charges 12.5 per cent per annum interest. You can pay Rs.l80000 per year toward loan amortization. What would be the maturity period of loan~ Q#3 RIL Ltd. has a capital structure shown below: (Rs. Cr.) (10) Equity share capital (Rs.lO per share, 5 Crore shares) 50 12%, 5 years, Bond (Rs.lOO par, 50 Lakh shares) 50 10%, Perpetuity Debentures (Rs par, 5 Lakh) 50 Reserve and surpluses 80 You are required to find out WACC for Ashoka limited if company pays dividend of Rs. 3 with expected growth of 6 per cent and in current market share of company traded at Rs. 30. Also tax applies to Ashoka Ltd. is 30 per cent: a) Based on book value. b) Based on market value if bond sold at Rs.ll 0 and Debentures Sold at Rs.l 050 in current market. (Note: Bond was issued in current year only) Q#4 (10) (A) Brief the importance of indifferent point in financial leverage. (B) Suppose that a firm makes 80 per cent of sales on 30 days credit. And "it is observed that 80 per cent of debtor paid receivables after one month and remaining 20 per cent paid after two month of goods were sold. Based on actual total sales of Rs.500 and Rs.600 for Nov. and Dec. respectively and forecasted total sales of Rs.550, Rs.660, Rs.700 and Rs.l 000 for month of Jan, Feb, Mar. and Apr. respectively, you are required to calculate total sales receipts for month of Jan, Feb, Mar. and Apr. END OF THE PAPER Page 1 of 1

8 GANPAT UNIVERSITY MBA SEMESTER- II EXAMINATION MARCH-JUNE 2017 Seat No IIA05POM PRODUCTION AND OPERATIONS MANAGEMENT TIME: 3 HRS. WT.: 40 Marks Instructions: 1. This is a closed book examination. Figures to the right indicate marks of each question. 2. All the questions are compulsory. 3. Calculators are allowed in examination. Q # 1 What is capacity of facility? What is the relationship between capacity of facility and (8) layout of facility? Which kind of facility layout is the most suitable for high volume production? Why? Q # 2 What is Total Quality Management (TQM)? Which are the tools of TQM? How various (8) tools oftqm help the organization in achieving better Quality than its competitors? Q # 3 What is Aggregate Production Planning (APP)? Explain the usages of APP concept in overall (8) production planning? Q # 4 South eastern Bell stocks a certain switch connector at its central warehouse for (8) supplying field service offices. The yearly demand for these connectors is units. Southeastern estimates its annual holding cost for this item to be $25 per unit. The cost to place and process an order from the supplier is $75. The company operates 300 days per year and the lead time to receive an order from the supplier is 8 working days. a) Find out economic order quantity. b) Find the annual holding costs. c) Find the annual ordering costs. d) What is the reorder point? Q # 5 A refrigeration company has six plants located in different parts of a city. Every year, it (8) is necessary for each plant to be completely overhauled. The overhauling is carried out in two stages A and B, and each stage requires a crew of workmen with completely different skills. The work on stage B can start only when stage A has been completed. The plant has to be closed for the entire period of its overhauling. The company presently uses following sequence for overhauling of its six plants: Time Required by Crew (da s) Plant P1 P2 P3 P4 P5 P6 Crew A CrewB Determine the optimal sequence and makespan with the help of Johnson's method. ========End of Paper==== Page 1 of1

9 GANPAT UNIVERSITY M.B.A. SEMESTER- II EXAMINATION APRIL- JUNE 2017 IIA06HRM Human Resource Management Seat No TIME: 3HRS Instructions: 1. This is closed book examination 2. All questions are compulsory 3. Figures to the right indicates marks of each question.. Marks:40 Q#l Describe the scope of human resource of management. Is it the responsibility (6) only of the human resource or personnel department? Q#2 Justify recruitment is positive and selection is negative process? (5) Q#3 Trace out the role of job analysis in the human resource management system. (6) How will you proceed for gathering data for job analysis? Q#4 Explain the importance of training and development & further describe the (6) need for evaluation of training programmes. Q#5 "Flexi work time enhance the employee perforimince''. Discuss with suitable (5) example. Q#6 "In the highest form of discipline, all are self-regulated and all are free." (6) Discuss this statement and enumerate the measures that are necessary for the maintenance of discipline in an industrial organization. Q#7 Write a short note on the following : Resignation of contract (6) Exit interview ----END OF PAPER----

10 TIME: 3 HRS. GANPAT UNIVERSITY M.B.A. SEMESTER- II EXAMINATION APRIL- JUNE 2017 IIA07BRM BUSINESS RESEARCH METHODOLOGY Instructions: 1. All questions are compulsory. 2. Figures right to the question indicates weight of the question. Seat No. Marks:40 Q#l An important proposal must be voted on, and a politician wants to find the (6) proportion of people who are in favor of the proposal. Find the sample size needed to estimate the true proportion to within ±0.5 at the 95 percent confidence level. Assume you have no strong feelings about what the proportion is. How would your sample size change if you believe about 75 percent of the people favor the proposal? Q#2 The MacBurger restaurant chain claims that the mean waiting time of customers is 3 (6) minutes with a population standard deviation of 1 minute. The quality-assurance department found in a sample of 50 customers at the Warren Road MacBurger that the mean waiting time was 2.75 minutes. At the 0.05 significance level, can we conclude that the mean waiting time is less than 3 minutes? Q#3 Harriet's Shoe Emporium operates stores in enclosed shopping malls as well as (6) outlet malls. There are more than 1,000 stores throughout the United States and Canada. Harriet, the CEO, wishes to determine whether the number of shoes sold per week at mall stores is more than the number sold at outlet malls. She selects a sample of 22 mall and 25 outlet stores and determines the number of shoes sold in each sample store last week. The sample information is reported below. Sample Mean Sample Standard Deviation Sample Size Mall Outlet Test the hypothesis at the 0.02 level of significance. Q#4 A physician who specializes in weight control has three different diets she (8) recommends. As an experiment, she randomly selected 15 patients and then assigned 5 to each diet. After three weeks the following weight losses, in kilograms, were noted. At the 0.05 significance level, can she conclude that there is a difference in the mean amount of weight loss among the three diets? Page 1 of 3

11 Diet plan A Diet plan B Diet plan C Q#S Bird Inc. located in India makes deliveries in the European nations. The president of (6) this company is studying the relationship between the distance a shipment must travel and the length of time, in days, it takes the shipment to arrive at its destination. To investigate, president selected a random sample of 15 shipments made last month. Shipping distance is the independent variable and shipping time is the dependent variable. The results are as follows: Distance Shipping time Distance Shipping time (Miles) (Days) (Miles) (Days) Determine the correlation of coefficient for given data. Q#6 The SPSS 20.0 output of chi-square test for hair loss control and type of shampoo (4) brand used is given as follow: Hair Loss Control * Shampoo Brand Cross tabulation ShampooBrand Head&Shoulder Pantene Total Hair Loss Yes Count Control Expected Count No Count Expected Count Total Count Expected Count Page 2 of 3

12 Chi-Square Tests Value df Asymp. Sig. (2- sided) Pearson Chi-Square 9.458a Continuity Correctionb Likelihood Ratio Linear-by-Linear Association N of Valid Casesb 26 (a) State the hypothesis. (b) Outline the statistical equations used. (c) Interpret the hypothesis. Q#7 A sequence of small glass sculptures was inspected for shipping damage. The (4) sequence of acceptable and damaged pieces was as follows: D,A,A,A,D,D,D,D,D,A,A,D,D,A,A,A,A,D,A,A,D,D,D,D,D Test for randomness of the damage to the shipment using the 0.05 significance level. END OF PAPER Page 3 of 3