INTERNAL ASSIGNMENT SET-I
SESSION FEB/MAR 2021
PROGRAMME MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER I
COURSE CODE & NAME DMBA101 – MANAGEMENT PROCESS AND
ORGANISATIONAL BEHAVIOUR
CREDITS 4
NUMBER OF ASSIGNMENTS,
CREDITS & MARKS 02
4 Credits, 30 Marks each
Question 1 Organization is a social system of people who are structured and managed to meet some goals. Explain with help of relevant examples
Answer 1.
Organization is. Formally defined, an organization is a social system of people who are structured and managed
to meet some goals.
Social system
The social system was created by Raju and his friends who later became his employees as well as the employees who joined later. In larger businesses, there will be people from diverse backgrounds of
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Question 2 Define Management. Discuss the evolution of management.
Answer 2.
According to Harold Koontz, “Management is an art of getting things done through and with people in formally organized groups. It is an art of creating an environment in which people can perform as individuals and can cooperate
towards the attainment of group goals”. According to F.W. Taylor, “Management is an art of knowing
Question 3 Leading is regarded as “Life spark of an enterprise”. Comment. Explain the importance of leading with supporting examples.
Answer 3.
Leading or leadership function is said to be the heart of management process. Therefore, it is the central point around which accomplishment of goals take place. A few philosophers call leading as “Life spark of an enterprise”. It is also called as an actuating function of management because it is through direction that the operation of an enterprise actually starts. Being the central character of an enterprise,
INTERNAL ASSIGNMENT SET-I
SESSION FEB/MAR 2021
PROGRAMME MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER I
COURSE CODE & NAME DMBA 102 BUSINESS COMMUNICATION
CREDITS 4
NUMBER OF ASSIGNMENTS,
CREDITS & MARKS 02
4 Credits, 30 Marks each
Question 1 Discuss the Communication Process and elaborate various barriers to Communication
Answer- Communication in simple terms is a transfer of information between people, resulting in common understanding between them.
Irrespective of the setting in which communication takes place or the number of people that are involved, all communication consists of certain key elements. The communication model shown in
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Question 2 What is Non-verbal Communication? Explain the classification of Non-verbal Communication
Answer- Non-verbal communication –This type of communication may be defined as communication without words. It refers to any way of conveying meanings without the use of verbal language. The game of ’dumb charades’ is a perfect example. Non-verbal communication is generally
Question 3 Discuss the general principles of writing and methodology involved in it.
Answer- Written messages must be made as readable as possible. We need to make them uncomplicated and easy so that even an average person can understand their meaning. Readability in turn is largely determined by the length of words, sentences and paragraphs. A common mistake made by writers, especially Indian writers, is to try to impress the reader by using flowery language and an
INTERNAL ASSIGNMENT SET-I
SESSION FEB/MAR 2021
PROGRAMME MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER I
COURSE CODE & NAME DMBA103-STATISTICS FOR MANAGEMENT
CREDITS 4
NUMBER OF ASSIGNMENTS,
CREDITS & MARKS 02
4 Credits, 30 Marks each
Question 1 Define statistics. Explain different characteristics of statistics.
Answer – Definition of Statistics
According to Seligman, “Statistics is a science which deals with the method of collecting, classifying, presenting, comparing and interpreting the numerical data to throw light on enquiry”.
According to Horace Secrist, Statistics may be defined as “an aggregate of facts affected to a marked extent by multiplicity of causes, numerically expressed, enumerated or estimated according to a
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Question 2 Define statistical survey. Explain different methods of data collection.
Answer- Definition of Statistical Survey
A Statistical Survey is a scientific process of collection and analysis of numerical data. Statistical surveys are used to collect information about units in a population and it involves asking questions to individuals. Surveys of human populations are common in government, health, social science and
Question 3. Explain different types of sampling techniques.
Answer- By choosing a sample technique carefully, errors can be minimised. Let us take a look at the different techniques available. The sampling techniques may be broadly classified into the following categories:
i) Probability sampling
ii) Non-probability sampling
SEMESTER
I
COURSE CODE & NAME
DMBA104 – FINANCIAL AND MANAGEMENT ACCOUNTING
Question 1 Briefly explain the concepts of accounting. (Any five)
Briefly explain the users of accounting information. (Any five)
Answer 1.
Concepts of accounting There are five basic concepts of accounting, namely – business entity concept, (separate entity concept), going concern concept, money measurement concept, periodicity concept, and accrual concept.
- Business separate entity concept
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Question 2. Differentiate between: (With examples)
- Cash discount & trade discount
- Tangible assets & intangible assets
- Accounting & book-keeping
- Errors of omission & errors of commission
e)Accrued income & income received in advance
Answer2.
a) Differences between trade discount and cash discount are:
1. Trade discount is a reduction granted by a supplier on the catalogue price. Cash discount is a reduction granted on the invoice price, considering immediate payment or payment within a stipulated period.
d)Errors of omission & errors of commission
1. Introduction
Errors Of Omission: A kind of accounting error in which financial transaction is not recorded in the books of accounts either partially or whole.
Errors Of Commission: A kind of accounting error in which financial transaction is misrecorded (incorrect record) in the books of accounts.
Question 3. John started his own delivery service. The following transactions took place in June 2020:
S.no | Date | Particulars |
1 | 01-06-2020 | John as a stockholder has invested $25,000 cash in business |
2 | 02-06-2020 | John purchased a used van for $ 13000 for deliveries. He paid $ 2,000 cash and signed a note payable for the remaining balance. |
3 | 03-06-2020 | He paid $ 900 for office rent for the month. |
4 | 05-06-2020 | Services worth $ 3,000 were performed on account. |
5 | 12-06-2020 | Purchased supplies for $ 400 on account |
6 | 15-06-2020 | Received a cash payment of $ 750 for services provided on June 5. |
7 | 17-06-2020 | Purchased gasoline for $ 350 on account |
8 | 20-06-2020 | Received a cash payment of $ 350 on account for services provided on June 5. |
9 | 23-06-2020 | Received a cash payment of $ 1900 on account for services provided on June 5. |
10 | 26-06-2020 | Paid $450 for utilities |
11 | 29-06-2020 | Paid for the gasoline purchased on account on June 17 |
12 | 30-06-2020 | Paid $ 600 for employee salaries |
Prepare the following:
a An income statement for the month of June 2020.
b A balance sheet as at 30 June 2020.
Answer-
INTERNAL ASSIGNMENT SET-I
SESSION FEB/MAR 2021
PROGRAMME MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER I
COURSE CODE & NAME DMBA105 – MANAGERIAL ECONOMICS
CREDITS 4
NUMBER OF ASSIGNMENTS,
CREDITS & MARKS 02
4 Credits, 30 Marks each
Question 1. Define the term ‘managerial economics. Explain scope of managerial economics.
Answer – Definitions
Managerial economics is a science that deals with the application of various economic theories, principles, concepts and techniques to business management in order to solve business and management problems. It deals with the practical application of economic theory and methodology in decision-making problems faced by private, public and non-profit making organisations.
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Question 2. Define demand. Explain different elasticity of demand.
Answer 2.
Meaning of Demand
The term demand is different from desire, want, will or wish. In the language of economics, demand has different meanings. Any want or desire will not constitute demand.
Demand = Desire to buy + Ability to pay + Willingness to pay
Question 3 Explain different types of cost.
Answer- The types of costs are as follows:
1. Money cost and real cost – When cost is expressed in terms of money, it is called as money cost. It relates to money outlays by a firm on various factor inputs to produce a commodity. In a monetary economy, all kinds of cost estimations and calculations are made in terms of money only..
INTERNAL ASSIGNMENT SET-I
SESSION FEB/MAR 2021
PROGRAMME MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER I
COURSE CODE & NAME DMBA106 – HUMAN RESOURCE MANAGEMENT
CREDITS 4
NUMBER OF ASSIGNMENTS,
CREDITS & MARKS 02
4 Credits, 30 Marks each
Question 1 Explain the term ‘Recruitment’. Explain the various sources of recruitment.
Answer – Recruitment is the process of searching for prospective employees and stimulating them to apply for the jobs in the organisations. It is the process of seeking and attracting a pool of people from which qualified candidates can be chosen for job vacancies. Recruitment, as a process, starts with identification of the need for human resources and ends with getting the prospective employees to apply
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Question 2. Define Human Resource Management. Explain the various functions of Human Resource Management.
Answer 2.
Every organisation is essentially a blend of material and Human Resource (HR). Material refers to money and machines pre-arranged by organizations for production or trade. Human Resource, on the other hand, refers to the
knowledge, education, skills, training and ability of the members of the organisation. Human resources
Question 3 Elaborate the various methods of training.
Answer 3.
Let us study the various methods of training.
Following are a few methods of training:
On-the-job training
Off the job training