GANPAT UNIVERSITY M.B.A. SR;MESTER-I EXAMINATION NOVEMBER- DECEMBER 2014 IAOlPOM PRINCIPLES OF MANAGEMENT

Size: px
Start display at page:

Download "GANPAT UNIVERSITY M.B.A. SR;MESTER-I EXAMINATION NOVEMBER- DECEMBER 2014 IAOlPOM PRINCIPLES OF MANAGEMENT"

Transcription

1 GANPAT UNIVERSITY M.B.A. SR;MESTER-I EXAMINATION NOVEMBER- DECEMBER 2014 IAOlPOM PRINCIPLES OF MANAGEMENT Seat No. TIME: 3 HRS. Maks: It is a closed book examination. 2. All the questions ae compulsoy. 3. Figues on the ight side indicates the maks of the questions Q-1. Rahul Steel and Geneal Industies limited decide to divesify its activities and undetake (6) poduction of automobiles. The Chief Executive seeks you advice on whethe to goup the activities by poduct o by function. What advice would you tende and why? Q-2. What kind of skills oganizations look fo in manages today? Why? (6) Q-3. Discuss vaious leadeship issues businesses facing in the 21st centuy and how to (6) ovecome with those issues. Q-4. "Money is the only effective motivato. If you want people to wok hade, pay them (6) moe and they will pefom bette. All othe foms of so-called motivatos ae a waste of time, money and effot." Do you agee o disagee with the above statement? Suppot you aguments with the elevant motivation theoies. Q-5. Wh.at is Ethics? How it is impotant to the business? Explain vaious Tools of Ethics. (6) Q-6. Define contol. Discuss the pocess and types of contol in details with suitable examples. (10) 'END OF PAPER' Page 1 of 1

2 Seat No. GANPAT UNIVERSITY M.B.A. SEMESTER- I-EXAMINATION DECEMBER 2014 IA02QTM QUANTITATIVE TECHNIQUES IN MANAGEMENT TIME: 3HRS. WT.: 40 Maks 1. It is a closed book examination. 2. All the questions ae compulsoy and Figue to the ight indicates maks of the question. 3. Non Pogammable calculatos ae pemitted. Q # 1 A factoy is engaged in poducing two items, I 1 and lz, each of which has to pass though (8) thee machines M 1, M 2 and M 3 One unit of I 1 equies one hou of machining on MI. 2 hous on M 2 and 1 hou on M 3, while one unit of Iz equies machining of an hou each on M 1 and M 2, and 3 hous on M 3 In a week, a maximum of 40 hous on machine MI. 70 hous on M 2, and 90 hous on machine M 3 ae available. It is given that pe unit pofit on h is Rs. 40 and that on h is Rs. 60. The pesent poduction mix of the factoy is: units and h 10 units, pe week. This implies that the pesent pofit of the factoy is Rs a week. Also, machines M 1 and M 2 ae being fully utilized. With the help of simplex method, veify whethe pesent poduction mix is optimal. If not, specify what should it be and find the incease in pofit that would esult if the new mix detemined by you is adopted. Q # 2 Solve the following tanspotation poblem: Destination Souce Sup p 1 y Demand Is the optimal solution obtained by you a unique one? If not, why? Wok out at least one altenate optimal solution. (8) Q # 3 A fast-food chain wants to build fou stoes. In the past, the chain has used six diffeent (8) constuction companies and satisfied with each, has invited them to bid on each job, the final bids wee as shown in following table. Constuction companies Stoe Stoe Stoe Stoe Page 1 of 2

3 Since the fast food chain wants to have each of the new stoes eady as quickly as possible, it will awad at most one job to one company. What assignment esults in minimum total cost the fast food chain? Q # 4 Allyson Smith, assistant manage of Recods and Tapes unlimited, plans to sell a weekly (8) music magazine. She is awae that if the magazine does not sell within the week of publication, it is consideed to be wothless to the stoe. Allyson speculates, based on past sales data, about how well the magazine would sell; he weekly sales and pobability estimates ae as follows: NO OF MAGAZINE PROBABILITY The magazine has a poduction cost of $0.70 each, but Recods and Tapes unlimited plans to sell it fo $1.5 each. Detemine the optional numbe of magazines that the stoe should ode, using the expected - value decision citeion. Q # 5 HumanPowe, the tempoay agency has tested many peoples data enty skills. Infotech (8) needs a data enty peson and the peson needs to be not only quick but also consistent. HumanPowe pull the speed ecod fo 4 employees with data given below in tems of numbe of coect enties pe minute. Which employee is best fo Infotech based on elative dispesion? John Jeff May Tammy ***End ofpape *** Page 2 of2

4 TIME: 3 HRS 1. All questions ae compulsoy. 2. It is a closed book examination. GANPAT UNIVERSITY M.B.A. SEMESTER- I EXAMINATION NOV- DEC 2014 IA03MEC MANAGERIAL ECONOMICS 3. Figues to the ight side indicate the maks of that question. Seat No Maks:40 Q # 1 What is manageial economics? Discuss the natue and scope of manageial (5) economics. Q # 2 Define Demand and descibe the vaious types of demand with suitable examples. (5) Q # 3 A budget line is nothing but demand cuve of the consume expessed in tems of (3) two goods given the money income and pices of these two commodities. Explain. Q # 4 What is monopoly? Explain the featues of monopoly and types of monopoly. (5) Q # 5 Distinguish economies fom diseconomies of scale, and suggest possible causes (5) of each. Q # 6 (A) What is Isoquant? What ae the popeties of Isoquant? Explain how it is (3) diffeentiate with Indiffeence Cuve. (B) Explain what is Competitive fim and unde what conditions will a fim (3) exit a maket? Q # 7 What do you mean by inflation? Explain the diffeent methods of measuing the (5) inflation. Q # 8 (A) What ae the difficulties in the measuement ofnational Income. (3) (B) If a chicken is bon, the pe capita GDP goes up but if a child is bon, the pe (3) Capita GDP goes down. How? END OF PAPER

5 t Seat No GANP AT UNIVERSITY M.B.A. SEMESTER- I EXAMINATION NOVEMBER-DECEMBER 2014 IA04MAC MANAGERIAL ACCOUNTING TIME: 3 HRS. MARKS: 40 This is a closed book examination. Figue on ight side indicates maks. Q#l F om th e fi o II owmg Bl a ance Sh ee t an dadd"f 1 10na II n fi oma t IOn pepae a C as h tl ow S tat ement. 08 Paticulas I Pevious yea Cuent yea (A)Souces of Funds Equity shae Capital 3,00,000 4,00,000 8% Pefeence Shae Capital 1,50,000 1,00,000 Geneal Reseve 40,000 70,000 P&L Appopiation Account 30,000 48,000 Ceditos 97,000 1,33,000 Bank Ovedaft 20,000 16,000 Outstanding Expenses 40,000 50,000 (B) Application of Funds Good will 1,15,000 90,000 Land and Building 2,00,000 1,70,000 Plant 80,000 2,00,000 Debtos 1,60,000 2,00,000 Stock 77,000 1,09,000 Bills Receivables 20,000 30,000 Cash in Hand 15,000 10,000 Cash at Bank 10,000 8,000.. AdditiOnal InfomatiOn: a) Depeciation of Rs. 10,000 and Rs. 20,000 has been povided on plant & Land and Building espectively. b) An inteim dividend of Rs. 5,000 was paid duing the yea and the final dividend was Rs. 15,000. c) Tax paid duing the yea was Rs. 35,000 Q#2 (A) (B) What is GAAP? What ae the souces of GAAP? Wite a shot note on 1) Human Resouce Accounting 2) Inflation Accounting 08 Q#3 You ae given the Balance Sheet and The Pofit and Loss Accounts Pushpa 16 Engineeing Company Ltdt You ae equied to 1) ConveJ.i the Pofit and Loss Account of the company into a multi- step fom 1

6 to the extent possible 2) Convet the Balance Sheet of the company in vetical analytical fom clealy mentioning the schedules. 3) Compute the following atios a) Cuent Ratio b) Goss Pofit Magin and Net pofit Magin c) EPS, ROI and ROE d) Fixed Asset tunove Ratio and Total Asset tunove Ratio Liabilities Shae Capital Authoized: 10,00,000 equity shaes of Rs. 1 0 each Issued, Subscibed & Paid up: 7,00,000 equity shaes OfRs 10 each... 70,00,000 Less: Calls in aeas 40,000 Reseves & Suplus Debentue edemption eseve Geneal Reseve Balance in P&L ale Secued Loans 9% Debentues Bank Ovedaft - ABN Amo Bank Cuent Liabilities & Povisions A. Cuent Liabilities Sundy ceditos PUSHPA ENGINEERING COMPANY LTD. Balance Sheet as on 3 I ST MARCH Amount Amount (Rs.) Assets (Rs.) Fixed Assets Goodwill Feehold land doo.oo.ooo Plant & Machiney... 29,50,000 Less:Depiciation@ 14%...4, 13,000 Funitue & Fixtues....6,50,000 Less:Depiciation@ 18%... 1, 17,000 Pattens... 14,35,000 Less: Depiciation@20%... 2,87,000 69,60,000 Cuent Assets, Loans & Advances 3,00,000 25,00,000 Cuent Assets 3,25,286 Closing Stock: Raw Mateials 15,00,000 Finished Goods Engineeing tools fi5,28,600 Sundy Debtos... 10,64,000 Less: Bad debts... 86,000 14,61,400 Less: Povision fo Doubtful Debts 19,650 0/S liabilities fo Expenses. 2,00,000 Bills Receivable ~~~ ~~~ Povisions Bank cuent A/C Poposed dividend 6,96,000 Cash in hand Income tax 5,67,154 Miscellaneous Expenditue Peliminay Expenses... 40,000 Less: W/o... 20,000 15,00,000 52,00,000 25,37,000 5,33,000 11,48,000 15,92,000 12,40,000 5,32,000 9,58,440 5,38,000 1,70,000 70,000 20,000 Total... 1,60,38,440 Total... 1,60,38,440 2

7 PUSHPA ENGINEERING COMPANY LTD. Pofit and ~oss Account fo the yea ended Mach31 '2006 Expenses Amount Income (Rs.) Opening Stock: Raw Mateials Finished Goods Puchase of aw mateials Engineeing tools... 6,65,000 Less: closing inventoy... 5,32,000 Caiage Inwads 9,73,000 Sales 6,87,300 Closing Sock: Raw Mateials 59,29,700 Finished Goods I,33,000 2,29,200 Amount (Rs.) I,44,68,500 15,92,000 12,40,000 Wages:... 52, 19,800 Add : Outstanding 1,00,000 Coal and Fuel Goss Pofit c/d 53,19,800 2,52,000 37,76,500 Total... 1,73,00,500 Total... 1,73,00,500 Advetisement Commission Geneal Expenses... 2,24,000 Add : Outstanding 1,00,000 Rebates and Discounts Inteest Depeciation: Plant & Machiney... 4, 13,000 Pattens... 2,87,000 Funitue & Fittings... 1, 17,000 Bad Debts Povision fo doubtful debts Peliminay Exps witten off Rates taxes ana insuance Income Tax Net Pofit c/d 60,000 Goss Pofit B/d 2, 70,000 Rent 3,24,000 Othe Income 1,20,800 3,64,000 8,17,000 86,000 19,560 20,000 2,20,200 5,67,154 10,53,286 37,76,500 1,20,000 25,500 Debentue edemption eseve Total... 39,22,000 Total... Balance as on 1st 3,00,000 Apil 39,22,000 2,68,000 Poposed Dividend 6,96,000 Net Pofit B/d 10,53,286 Balance caied to Balance Sheet Total... 3,25,286 13,21,286 Total... 13,21,286 t 3

8 Q#4 (A) (B) Explain diffeence between peiodic and pepetual inventoy system with suitable example. 1. ABC Diagnostic Cente acqoied scanning equipment fo Rs 12, 00,000 with an estimated useful life often yeas and a Rs 50,000 esidual value. Staight line method was followed. At the end of thee yeas the cente's administato estimated the equipments emaining useful life at five yeas, while the estimated esidual value would not change. Compute the depeciation expenses fo the fouth yea based on the evision in the estimated useful life. 08 END OF PAPER 4

9 TIME:3HRS. GANPAT UNIVERSITY M.B.A SEMESTER- I EXAMINATION NOVEMBER- DECEMBER 2014 laos OBE ORGANIZATIONAL BEHAVIOUR 1. Figues to the ight indicate maks of each question. 2. Answes should be to the point. Seat No Maks: 40 Q#l Discuss the basic diffeence between content theoies and pocess theoies of wok 08 motivation. "Expectancy theoy diectly aims at wok motivation." Explain. Q#2 How would you define powe? How does powe diffe fom authoity? Explain citing 08 suitable examples. Q#3 What types of baies pevent fom changing thei attitudes? How can be attitudes can 08 be changed? Q#4 How is contingency appoach diffeing fom ealy behavioal theoies of leadeship? 08 Explain any one contingency theoy. Q#S Explain the following tems ) Vitual Teams 2) Reinfocement 3) Machiavellianism 4) Negotiation 'END OF PAPER' Page 1 of 1

10 Seat No GANPAT UNIVERSITY M. B. A. SEMESTER- I EXAMINATION NOVEMBER-DECEMBER 2014 IA06 MCO MANAGERIAL COMMUNICATION TIME:3HRS MARKS: 40 I. This is a closed book examination 2. All questions ae compulsoy Q # 1 Discuss how communication is the lifeline of an oganization's health? (8) Q # 2 Descibe some factos that act as baies to pope listening. (7) Q # 3 Daft an application in el~ponse to the following advetisement: "Wanted Sales Repesentative, willing to tavel extensively in Southen India to sell space and oganize distibution of an English Film magazine. Salay commensuate with qualification and expeience. Send Resume and Cove lette within seven days to Box , The Times of India, Mumbai" (10) Q # 4 The wite should believe that the custome is king and that the custome is always (15) ight. Examine the following lette with this pespective and answe questions given at the end of it. Dea Si, You lette of the 23d, wlth a check fo Rs on account, is to hand. We note what you say egading the difficulty you expeienced in collecting you outstanding accounts, but we ae compelled to emak that we do not think you ae teating us with the consideation we have a ight to expect. It is tue that small emittances have been fowaded fom time to time, but the debit balance against you has been steadily inceasing duing the past twelve months until it now stands at the consideable total of Rs Having egad to the many yeas duing which you have been a custome of this Page 1 of 2 t

11 house and the geneally satisfactoy chaacte of you account, we ae eluctant to esot to hash measues. We must, howeve, insist that the existing balance be cleaed by egula installments of say Rs.l 0000 pe month, and the fist installment should each us by the 7 Apil. Meanwhile, you shall need to pay cash fo all futhe goods; we ae allowing you an exta 3 pecent discount in lieu of cedit. We shall be glad to hea fom you about this aangement, as othewise we shall have no alt~mative but to close you account and place the matte in othe hands. Yous tuly, Xyz Questions: 1. Comment on the appopiateness of the sende's tone to a custome. 2. Point out old fashion phases and expessions. 3. Rewite the lette accoding to the pinciples of effective communication. End ofpape Page 2 of 2

12 Seat No. GANPAT UNIVERSITY M.B.A. SEMESTER- I EXAMINATION DECEMBER 2014 IA07RDM RESEARCH DESIGN FOR MANAGEMENT TIME: 3 HRS. 1. This is a closed book examination. 2. All the questions ae compulsoy. 3. Figues to the ight indicate maks of each question. WT.: 40 Maks Q # 1 Explain the diffeence between exploatoy eseach and conclusive (8) eseach. Also, discuss the appoaches used in both of them. Q # 2 You have been assigned the task of measuing the job satisfaction of Blue (8) Colla Employees in you oganization. Design a suitable questionnaie to measue the same. Assume necessay data if equied. Q#3 Explain any thee tue expeimental eseach designs with its notations and application. (8) Q # 4 List and explain vaious extaneous vaiables in expeimental eseach (8) design. Mention vaious ways to block the effect of the same. Q # 5 Explain Metic and Non-Metic measuement scales. List at least thee (8) situations in which each one of these is used. ================= End of Pape==================