MUJ MBA 1 sem March 2023 Solved assignments available

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SESSION JAN/FEB 2023

PROGRAM MASTER OF BUSINESS ADMINISTRATION (MBA)

SEMESTER I

COURSE CODE & NAME DMBA101 – MANAGEMENT PROCESS AND ORGANISATIONAL BEHAVIOUR CREDITS 4

Assignment Set – 1

 

  1. Write a detailed note on the concept of Planning along with various types of Planning.

Ans: Planning can be defined as a basic management function which enables one to select the purpose of the business, and how the resources should be mustered to achieve that purpose to include using the available resources optimally to do that. Planning implies goal setting for the organisation keeping in mind the constraints, opportunities, and threats as much as what the person or Its Half solved only

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  1. What is Organizing? Throw some light on the various importance, the concept have for the business organizations.

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.” Hence, a manager always has to organise in order to achieve results.

Importance and Significance of Organisation:

All business and non-

 

  1. Discuss various prerequisites of Effective Control along with detailed explanation of the concept of controlling.

Ans: Prerequisites of Effective Control All managers like to have controls because without them their plans would go awry.

 Let us now study the pre-requisites to have an effective control system.

 Tailoring controls to plans and positions – A control is exercised on an activity or a group of

 

 

 

Assignment Set – 2

 

  1. How you see the term Motivation? Explain Maslow’s hierarchy of needs theory.

Ans: Motivation is “the process that account for an individual’s intensity, direction, and persistence of effort toward attaining a goal.” (Robbins, 2003) Intensity is concerned with how hard a person tries.

 

  1. Explain seventeen characteristics of an Effective Team.

Ans: The following are the seventeen characteristics that make an effective team:

  1. Clear purpose refers to the condition where group members agree on the group’s goals. These shared goals act to spark group effort by providing clear direction and buy in. (It should be noted
  2.  
  3. Detail the concept of Leadership. Discuss any one theory of Leadership in detail.

Ans: Theories suggest that there is no one best style of leadership and that an effective style depends on how the leader adopts a style in relation to the group and the situation. A previously successful style may not be effective in a new context. Effective leadership is about finding a good fit between the behaviour, context, and need. Fielder’s Contingency Model (FCM)

 

 

SESSION JAN/FEB 2023

PROGRAM MASTERS OF BUSINESS ADMINISTRATION (MBA)

SEMESTER I

COURSE CODE & NAME DMBA102 – BUSINESS COMMUNICATION

CREDITS 4

Set – 1st

 

  1. Write any three barriers to Listening. Enlist the different types of Listening.

Ans: Barriers to Listening

As pointed out earlier, listening is not easy and there are a number of obstacles that stand in the way of effective listening, both within and outside the workplace.

These barriers may be categorised as follows:

 Physiological

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  1. Explain the various types of Non-Verbal Communication while giving examples as to how you will use NV Communication when appearing for a job interview.

Ans: The different body movements are:

 Facial expressions – Facial expressions can convey feelings of surprise, happiness, anger and sadness. If you meet a long lost friend and say “I am very happy to meet you again”, but with a sad facial

 

  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: The communication process for effectively demonstrating a newly launched product or service begins with understanding the target audience and their needs.

  • This involves researching the demographics, pain points, and potential benefits that the product or service can address.
  • Research the target audience: Understand the demographics, pain points, and potential benefits that the

 

Set – 2nd

 

  1. What are things to be kept in mind BEFORE the commencement of a Business Meeting? Explain.

Ans:

At the outset, let us discuss the different categories of business meetings:

  1. Task oriented meetings As the name suggests, this type of meeting is a special meeting that is called to discuss and make arrangements for a specific event. For example, the company is opening a new

 

  1. Suppose you are asked to write a research document. Elaborate on the steps you will apply for writing.

Ans: There are four main considerations when it comes to the second draft.

  1. Check how your vision of the paper lines up with the first draft and, more importantly, that your paper still answers the assignment.
  2. Identify any

 

 

  1. What is the basic difference between Product Advertising and Corporate Advertising? Explain the different types of Corporate Advertising.

Ans: Corporate advertising is different from product advertising. Corporate advertising seeks to benefit the image of the corporation as a whole rather than its products and services alone as in product advertising.

A major difference between corporate and product advertising is who pays for each of the two types of

 

SESSION JAN/FEB 2023

PROGRAMME MASTER OF BUSINESS ADMINISTRATION (MBA)

SEMESTER I

COURSE CODE & NAME DMBA103 – STATISTICS FOR MANAGEMENT

CREDITS 4

Assignment Set-1st

 

1 Define statistics. Explain the importance of statistics in modern business environment with the help of suitable examples.

Ans: Statistics plays an important role in almost every facet of human life. In business context, managers are required to justify decisions on the basis of data. They need statistical models to support these decisions. Statistical skills enable managers to collect, analyse and interpret data in order to take

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  1. Define statistical survey. Discuss following methods of data collection with help of example:
  2. Direct Observation Method
  3. Indirect Oral Investigation
  4. Questionnaire
  5. Schedule

Ans: 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

 

  1. Discuss following techniques of Sampling with help of suitable sample:
  2. Quota Sampling
  3. Systematic Sampling
  4. Snowball Sampling
  5. Cluster Sampling

Ans: Sampling helps a lot in research. It is one of the most important factors which determines the accuracy of your research/survey result. If anything goes wrong with your sample then it will be directly reflected in the final result. There are lot of techniques which help us to gather sample depending

 

Assignment Set-2

 

  1. Define Business Forecasting. Explain the steps involved in BusinessForecasting.

 Ans: Business forecasting refers to the analysis of past and present economic conditions with the object of drawing inferences about probable future business conditions. The process of making definite estimates of future course of events is referred to as forecasting and the figure or statements obtained from the process is known as ‘forecast’; future course of events is rarely known. In order to be assured of the coming course of events, an organised system of forecasting hel

  1. What is Index number? Discuss the utility of Index numbers.

Ans: An index number is a number which is used to measure the level of a certain phenomenon as compared to the level of the same phenomenon at some standard period. In other words, an index number is a number which is used as a device for comparison between the price, quantity or valu

 

  1. Discuss the concept of trend. State various methods of measuring trends.

Ans: Trend is the direction that prices are moving in, based on where they have been in the past. Trends are made up of peaks and troughs. It is the direction of those peaks and troughs that constitute a market’s trend. Whether those peaks and troughs are moving up, down, or sideways indicates the direction

SESSION JAN/FEB 2023

PROGRAM MASTER OF BUSINESS ADMINISTRATION (MBA)

SEMESTER I

COURSE CODE & NAME DMBA104 – FINANCIAL AND MANAGEMENT ACCOUNTING

CREDITS 4

Assignment Set – 1

 

  1. Explain any two of the following accounting concepts with illustration:
  2. Business entity concept
  3. Dual aspect concept
  4. Matching concept

Ans: Business entity concept is one of the accounting concepts that states that business and the owner are two separate entities and therefore, should be considered separate from each other.

As per this concept, the financial transactions pertaining to the business entity should be recorded separately

 

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  1. With the help of given information prepare a statement of gross profit for XYZ Ltd.

Particulars

 

Rs.

 

Opening stock

Credit purchase

Cash purchase

Purchase return

Other direct expenses

Closing stock

Cash sales

Credit sales

Wages

Salaries

Sales return

 

 

10000

25000

15000

2000

12000

6000

35000

65000

9000

7000

5000

 

 

Solution: Statement of Gross Profit for XYZ Ltd. 

Particulars Rs.

Net Sales (Credit sales + Cash sales) 100,000

Less: Sales

 

  1. Write a detailed note on different types of subsidiary books and their importance in recording accounting transactions. Also demonstrate specimen of any 2 types of subsidiary books.

Ans: Subsidiary Books are books of Original Entry. They are also known as Day Book or special journals. We record transactions of similar nature are in Subsidiary Books. They are helpful in overcoming the limitations of journal book or journal entries.

Each of the columns

 

Assignment Set – 2

 

  1. The liquidity of a business firm is measured by its ability to satisfy its obligations as they become due. Explain in detail the ratios used for this purpose.

Ans: Liquidity is the ability of a firm to satisfy its short-term obligations as they become due for payment. It reflects the short-term solvency of the firm.

The ratios which

 

  1. Discuss the main features of marginal costing. Also, give a brief of contribution as a technique of marginal costing.

Ans: Marginal costing is based on the following assumptions:

  1. Segregation of cost into fixed and variable The whole principle of marginal costing is based on the idea that some costs vary with production while some costs don’t. Therefore, it is assumed that a clear bifurcation between fixed and variable costs is possible.

Even if some costs do not entirely qualify as fixed or as variable, it is still possible to separate such mixed cost

 

  1. Elaborate the concept of variance analysis? Briefly describe the concepts of material variance and labour variance considering their different types.

Ans: “A predetermined cost which is calculated from the managements standards of efficient operation and the relevant necessary expenditure. It may be used as a basis for price fixing and for cost control through variance analysis”

Material variance:-

The same principles apply to the calculation of direct labour variances as for the direct material variances. Standards are established for the rate of pay to be paid for the production of particula

SESSION JAN/FEB 2023

PROGRAM MASTER OF BUSINESS ADMINISTRATION (MBA)

SEMESTER I

COURSE CODE & NAME DMBA105 – MANAGERIAL ECONOMICS

CREDITS 4

Assignment Set – 1

 

  1. Define the term ‘managerial economics’. Explain significance of the study of managerial economics.

Ans: Management economics: The term “managerial economics” is used to describe Managerial economics is defined as the branch of economics that deals with the application of diverse concepts as well as theories and methods that employ economics to tackle practical problems in the field of Its Half solved only

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  1. Define production function. State types and function of production function.

Ans: Production function The entire theory of production centres revolves around the concept of production function. A “production function” expresses the technological or engineering relationship between physical quantity of inputs employed and physical quantity of outputs obtained by a

 

  1. Explain different types of cost.

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 management. The costs

 

 

 

 

Assignment Set – 2

  1. Explain causes of inflation in detail.

Ans: Causes of inflation

  1. Demand side Increase in aggregative effective demand is responsible for inflation. In this case, aggregate demand exceeds aggregate supply of goods and services. Demand rises much faster than supply.

The following reasons

 

  1. Explain different objectives of pricing policies.

Ans: The following objectives are to be considered while fixing the prices of the product:

  1. Profit maximisation in the short term – The primary objective of the firm is to maximise its profits. Pricing policy as an instrument to achieve this objective should be formulated in such a way as to

 

  1. Define monetary policy. State the objectives of monetary policy in developing countries.

Ans: Monetary policy deals with the total money supply and its management in an economy. It is essentially a programme of action undertaken by the monetary authorities, generally the central bank, to control and regulate the supply of money with the public, and the flow of credit with a view to achieving economic stability and certain predetermined macroeconomic goals.

Monetary policy can be explained in two different ways. In a narrow sense, it is concerned with administering

 

SESSION JAN/FEB 2023

PROGRAM MASTER OF BUSINESS ADMINISTRATION (MBA)

SEMESTER I

COURSE CODE & NAME DMBA106 – HUMAN RESOURCE MANAGEMENT

CREDITS 4

Assignment Set – 1

 

  1. Discuss the main features of human relation approach. How does it differ from scientific management?

Ans: Let us now look into each of these roles in detail.

 Service provider – Management needs to gather information such as market statistics, pay rates and labour laws, and legislations from the market as well as from their competitors before making decisions on various employee related issues.

 Administrative expert –

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  1. What do you mean by Human Resource Planning? What changes in HR planning with regards to recruiting IT professionals are seen now?

Ans: Human Resource Planning (HRP) can be defined as the method of ensuring the right number of qualified people, in the right job at the right time to bring the results in an efficient and effective manner.

In simple words, HRP is understood as the process of forecasting an organisation’s future demand for, and

 

 

  1. What is succession planning? What are the benefits of having a formal Succession Planning System in an organization?

Ans: Succession planning involves an examination of strategic (long-range) plans and HR forecasts for all identified key positions in an organisation. It includes positions that are critical for the business and for its continuity, and not just the senior level positions. It includes a review of the data on all potential candidates who might be able to move to these positions either right-away or in the near future. The objective is to identify employees with potential and managerial depth as well as promoting from within the company. This exercise is carried out by the senior

 

 

 

 

 

Assignment Set – 2

 

  1. Explain the five ways of individually evaluating an employee in detail.

Ans: Individual evaluation methods There exists five ways to evaluate an employee individually. Here the employee is evaluated one at a time without directly comparing him/her with other employees.

  1. Graphic rating scale: The most widely used performance rating technique is a graphic rating scale (e.g., 3, 4 or 5 or even 10 point rating scale). In this technique, the evaluator is presented with a list of assessment characteristics and asked to assign a number rating to the employee on

 

  1. Implementation of HRIS is expensive for an organization. Give your views about this in brief.

Ans: Following stages can be considered for HRIS installation:

Determination of the need for HRIS – Before implementing an HRIS, the management must clearly decide the need for an HRIS in the organisation. First it needs to assess the present HR operations that require system enabled support and then the extent to which these operations require such supports. Factors such as size of the organisation, strength of the workforce, present level

 

  1. Describe employee welfare. How do the welfare benefits affect the business of an organization?

Ans: 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.

Employee welfare entails all those activities of an employer which are directed towards providing the