SESSION | JuL/AUG 2022 |
PROGRAM | Master of business administration (MBA) |
SEMESTER | I |
course CODE & NAME | DMBA106 – Human resource MANAGEMENT |
Assignment Set – 1st
Questions
- Explain the term ‘Recruitment’. Explain the various sources of recruitment.
Ans: Recruitment – Recruitment is the process of seeking and attracting prospective candidates against a vacancy in the organisation.
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
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- Explain the elements of a Career Planning Programme.
Ans: Elements of a Career Planning Programme In the previous section, we discussed how to manage career planning. Let us now study the elements of a career planning programme. There are four distinct elements of career planning programme:
- Individual assessment and need analysis
- Organisational assessment and opportunity analysis
- Describe Human Resource Planning. Elaborate on the process of Human Resource Planning
Ans: Human resource planning (HRP) is the continuous process of systematic planning ahead to achieve optimum use of an organization’s most valuable asset—quality employees. Human resources planning ensures the best fit between employees and jobs while avoiding manpower shortages
Assignment Set – 2nd
Questions
- Describe the concept of Competency and it’s linkage to various HR systems.
Ans: Ans. Competency is defined as “a capacity that exists in a person that leads to a behaviour that meets the job demands within organisational parameters and that in-turn bring about the desired results.” Competency can also be defined as “an underlying characteristic of a person results in effective and/or
- Define ‘Job Analysis’. Elaborate the process of job analysis.
Ans: Answer- Job analysis is the process of determining and recording all the pertinent information about a specific job, including the tasks involved, the knowledge and skill set required to perform the job, the responsibilities attached to the job and abilities required to perform the job successfully. Job analysis is a process to identify and determine in detail the
- Explain the concept of Employee Welfare and the benefits of Employee Welfare
Ans: Concept of Employee
Welfare Employee welfare is a comprehensive term including various services, benefits and facilities offered to employees and by the employers. Through such generous fringe benefits the employer makes life worth living for employees.
SESSION | JUL – AUG 2022 |
PROGRAM | MASTER of BUSINESS ADMINISTRATION(MBA) |
SEMESTER | I |
course CODE & NAME | DMBA105 – MANAGERIAL ECONOMICS |
Assignment Set – 1st
Questions
- Define the term ‘Demand’. Explain the determinants of demand with suitable example.
Ans: Demand simply means a consumer’s desire to buy goods and services without any hesitation and pay the price for it. In simple words, demand is the number of goods that the customers are ready and willing to buy at several
- Discuss the different economies of scale in detail.
Ans: The study of economies of scale is associated with large scale production. Today there is a general tendency to organize production on a large scale. Mass production of standardized goods has become the order of the day. Large scale production is beneficial and economical in nature. The advantages or benefits that accrue to a firm as a result of increase
- Summarize the different types of cost with examples.
Ans: Cost accounting is an accounting process that measures all of the costs associated with production, including both fixed and variable costs. The purpose of cost accounting is to assist management in decision-making processes that optimize operations based on efficient cost
Assignment Set – 2nd
Questions
- Outline the characteristics and causes of business cycle.
Ans: Characteristics of business cycle
- It is a wave-like movement, and it is not a random fluctuation.
- It is synchronic in nature. It is all embracing; it covers the entire economy. Any change in one part of the economy affects the entire
- “The sole cause of inflation is the existence of a persistent excess demand in the economy” Justify the statement with reference to different types and causes of inflation.
Ans: According to another approach, the sole cause of inflation is the existence of a persistent excess demand in the economy. Inflation is the excess demand over the supply of everything after the limits of the supply have
- Define and discuss the marginal efficiency of capital (MEC) in detail.
Ans: Marginal efficiency of capital It refers to productivity of capital. It may be defined as the highest rate of return over cost accruing from an additional unit of capital asset. It also refers to the yield expected from a new
SESSION | JUL/AUG 2022 |
PROGRAM | master of business administration (mba) |
SEMESTER | I |
course CODE & NAME | Dmba104 – Financial and management accounting |
Assignment Set – 1st
Questions
- Describe the process of accounting including example of each of its step.
Ans: Let us now study the process of accounting in detail.
- Identifying the transactions and events – This is the first step in the accounting process. It recognises the transactions of financial character that are essential to be recorded in the books of accounts. When money, goods, or services are transferred from one person or account to another
- Show the effect of following transactions on accounting equation:
1. | Shaheen started business with:
Cash Goods Plant & Machine |
Rs.
100000 20,000 5,0000 |
2. | She purchased goods | 50000 |
3. | Business sold goods (Costing Rs. 2000) for | 2500 |
4. | Purchased goods on credit | 70000 |
5. | Payment made to creditors | 50000 |
Answer:
The effect of changes in accounts
- Discuss the usefulness of management accounting as a branch of accountancy and elaborate the major point of differences between management accounting and financial accounting.
Ans: The usefulness of management accounting as a branch of accountancy:-
1. Relevant Costs Analysis
The most important job of the management accountant is to conduct a relevant cost analysis to determine the existing expenses and give suggestions for the future activities. One question stands out
Assignment Set – 2nd
Questions
- What are the main objectives of preparing fund flow statement? Prepare a specimen of schedule of changes in working capital.
Ans:
Interpretation of Funds Flow Statement:-
A sound financial policy requires the long-term assets to be financed using long-term sources (liability) and short-term assets using short-term sources (current liability).
The funds flow statement must be carefully observed to draw conclusions about the
- Discuss important component of cost sheet. Prepare a hypothetical statement of cost (cost sheet).
Ans: Every product manufactured, whether a pin or a computer, needs resources. The management must know the cost of using their resources for its planning and controlling function. Therefore, the elements of costs are classified as materials, labour, and expenses.
- What is meant by budgetary control? Elaborate essential features of budgetary control.
Ans: “Budgetary control is the establishment of budgets relating to the responsibilities of executives of a policy and the continuous comparison of the actual with the budgeted results, either to secure by individual action the objective of the policy or to provide a basis for its
on.
SESSION | JUL/AUG 2022 |
PROGRAMME | Master of business administration (mBA) |
SEMESTER | I |
course CODE & NAME | DMba103-statistics for management |
ASSIGNMENT SET – 1
- Define statistics. Explain different characteristics of statistics.
Ans 1.
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 estimat
2 Define statistical survey. Explain different methods of data collection.
Ans 2.
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,
3 Explain different types of sampling techniques.
Ans 3.
By choosing a sample technique carefully, errors can be minimised. The sampling techniques may be broadly classified into the following categories:
- i) Probability sampling
- ii) Non-probability sampling
ASSIGNMENT SET – 2
- Describe main steps in construction of index numbers.
Ans 4.
Main steps in construction of index numbers
Main steps in the construction of index numbers To follow the steps many problems are encountered which are to be discussed carefully. There are many difficulties in following the steps involved in the construction of index numbers. The following
- Explain advantages and disadvantages of business forecasting.
Ans 5.
Advantages of business forecasting
- Helpful in increasing profit and reducing losses Every business is carried out with the purpose of earning maximum profits. So, by forecasting the future price of the product and its demand, the businessman can predetermine the production cost, production and the level
- Describe utility and components of time series analysis.
Ans 6.
Utility of the Time Series
The following are the possible uses of the time series:
- The comparative study of behaviour of the variable over different periods of time can be done. The variable may be export figures, quantity of industrial production etc.
SESSION | JUL/AUG 2022 |
PROGRAM | MBA |
SEMESTER | I |
course CODE & NAME | DMBA102–BUSINESS COMMUNICATION |
SET – 1
- Imagine that you are the sales representative of your organization and you are asked to effectively demonstrate a newly launched product/service in front of a target audience. Explain the communication process while including the relevance of context and how the communication can go wrong even if a few elements are missed.
Ans: 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 figure illustrates each of these elements. Figure depicts the elements in the
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- Explain the various types of Non-Verbal Communication while giving examples as how you will use NV Communication when appearing for a job interview.
Ans: Kinesics is the most often studied and important area of non-verbal communication and refers to body movements of any kind. Different body movements can express inner states of emotion. The different body movements are:
Facial expressions – Facial expressions can convey feelings of surprise, happiness, anger
- Enlist the different types of Listening.
Ans: The following types of listening are shown in the diagram below:
Discriminative listening This is the most basic type of listening, whereby the difference between the sounds is identified. Unless the differences between the sounds are identified, the
SET – 2
- Elucidate the different types of Reading.
Ans:
Several types of reading:
Figure depicts the different types of reading which we will discuss in the following sub-sections.
Reading Types
Skimming Let us say that you are a student of management and as suggested by your professor, you need to buy a reference text book for writing a paper on Investment Management or Quality Management. You go to a book store and see a rack full of books,
- Suppose you are asked to write a research document. Elaborate the steps you will apply for writing.
Ans: Sometimes the most difficult part of writing a research paper is just getting it started. Contained in this packet, you will find a list of six steps that will aid you in the research paper writing process. You may develop your own steps or procedures as you progress in your
- Create your CV using the seven components essential for a CV.
Ans: Studies have shown that on average recruiters spend just seven seconds looking at a CV before deciding whether a candidate is suitable for the role.
1. Start strong
Start with a summary of your skills and key accomplishments. This will attract the recruiter and grab their attention from the outset. This personal profile is an important part of your CV
ASSIGNMENT
DMBA101 – MANAGEMENT PROCESS AND ORGANISATIONAL BEHAVIOUR
- Visualize the concept of Decision Making along with BCG model of planning and decision making.
Ans.
Decision Making
Decision making can be defined as the way of choosing from the alternatives. Since no action can be taken without a decision, planning will not go any further without a decision and hence, decision making is an integral part of planning even if it is done quickly or with little thought. The process leading to decision can be thought of as
1) Premising (or
- Discuss the concept of Organizing while having light on the importance of the concept.
Ans. According to Chester Barnard, “Organizing is a function by which the concern is able to define the role positions, the jobs related and the coordination between authority and responsibility.
Organising is important for the following reasons:
Creates roles – Organising enables a business to create roles or in other words, it links a person to an activity with its
- Detailed the concept of Controlling along with prerequisites of Effective Control.
Ans. Controlling can be defined as measuring and correcting of performance to achieve the organisational goals. According to Brech, “Controlling is a systematic exercise which is called as a process of checking actual performance against the standards or plans with a view to ensure adequate progress and also recording such experience as is gained as a contribution to possible future needs. Though planning and controlling can be considered as two sides of a coin, it is possible for us to make a
- What is Motivation? Explain Maslow’s hierarchy of needs theory.
Ans: Motivation is the process that initiates, guides, and maintains goal-oriented behaviors. It is what causes you to act, whether it is getting a glass of water to reduce thirst or reading a book to gain knowledge. Motivation involves the biological, emotional, social, and cognitive forces that activate behavior.
Motivation involves the biological, emotional, social, and cognitive forces that activate behavior. In everyday usage, the term “motivation” is frequently used to describe why a person does something. It is the driving
- Discuss the concept of ‘Team’, also to discuss seventeen characteristics of an Effective Team.
Ans: A team can be defined as a group of people operating with complementary skills and a high degree of interdependence and accountability to achieve a common and usually difficult goal collectively with authority to execute and the rights to share rewards for the performance.
A team is any group of people organised to work together interdependently and cooperatively to meet a purpose or a
- Define the concept of Leadership. Discuss different dimensions Authoritarian, Democratic & Laissez Faire in detail.
Ans: Leadership is a process by which a person influences others to accomplish an objective and directs the organization in a way that makes it more cohesive and coherent. Leaders carry out this process by applying their leadership attributes, such as – beliefs, values, ethics, character, knowledge and skills.
A simple definition of leadership is that leadership is the art of motivating a group of people to act towards achieving a