| SESSION | AUG/SEP 2023 |
| PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | I |
| COURSE CODE & NAME | DMBA101 – MANAGEMENT PROCESS AND ORGANISATIONAL BEHAVIOUR |
Assignment Set – 1
- Explain the concept of Planning along with various types of Planning. 3+7
Ans 1.
Planning is a fundamental management function that involves setting goals and determining the best way to achieve them. It is a systematic and organized process that helps organizations anticipate future challenges, make informed decisions, allocate resources efficiently, and achieve their objectives. Here, I will explain the concept of planning and various types of planning:
Concept of Planning: Planning is the process of defining goals and objectives and developing strategies and action plans to achieve them. It involves a systematic approach to
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- Define Organizing while having light on the importance of the concept. 3+7
Ans 2.
Organizing is a fundamental concept in various aspects of life, including business, personal life, and even in the context of organizing information and data. It refers to the process of arranging, structuring, and categorizing elements, resources, or information in a systematic and orderly manner to achieve specific objectives efficiently and effectively. Here, I will shed light on the importance of organizing:
- Efficiency: Organizing helps streamline tasks and activities. By arranging things in a logical order, you reduce wasted time and effort. In a business setting, efficient organization can lead to cost savings, increased productivity, and quicker decision-
- Define Controlling along with prerequisites of Effective Control. 3+7 10
Ans 3.
Controlling is one of the key functions of management that involves monitoring and regulating various organizational activities to ensure that they are in line with the predetermined goals and objectives. It is the process of comparing actual performance against predetermined standards or benchmarks and taking corrective actions when necessary to ensure that the organization is on the right track.
Prerequisites of Effective Control:
- Establishment of Standards: The first prerequisite of effective control is the establishment of clear and specific standards or benchmarks against which performance can
Assignment Set – 2
- Discuss the concept of Motivation. Explain Maslow’s hierarchy of needs theory. 2+8
Ans 4.
Motivation: Concept and Overview
Motivation can be defined as the inner drive or force that propels individuals toward the achievement of a goal. It is what stimulates and directs behavior, providing a reason to act in a particular manner. Originating from the Latin word ‘movere’, which means ‘to move’, motivation is the combination of cognitive, social, emotional, and biological factors that activate and sustain certain behaviors. Everyone possesses some form of motivation, which
- Discuss the concept of ‘Team’. Also discuss seventeen characteristics of an Effective Team. 2+8
Ans 5.
Concept of ‘Team’
A team can be understood as a cohesive group of individuals who come together to achieve a shared goal or purpose. In organizational contexts, teams often consist of people with different skills and expertise that complement each other. Unlike mere groupings of individuals, a team operates synergistically, with the output of the collective often being greater than the sum of individual efforts. The foundational idea behind a team is collaboration: by working together, members can achieve more than they would individually, leveraging each other’s strengths and compensating for any weaknesses.
- Detail the concept of Leadership. Discuss Trait theory of Leadership in detail. 3+7
Ans 6.
Leadership: A Detailed Concept
Leadership is a multifaceted concept that pertains to the ability to influence, guide, inspire, and direct a group of individuals to achieve a common goal or objective. Leaders are often viewed as visionaries, motivators, and decision-makers who can create an environment conducive to success, be it in a corporate, political, social, or familial context. Effective leadership entails the aptitude to craft a vision, communicate it persuasively, and guide others
| SESSION | AUG/SEP 2023 |
| PROGRAM | Masters of business administration (mba) |
| SEMESTER | I |
| course CODE & NAME | DMBA102–BUSINESS COMMUNICATION |
SET – 1
- Enlist the steps of delivering a successful oral presentation. Explain. 10
Ans 1.
Steps of Delivering a Successful Oral Presentation and Their Explanation
- Objective Identification: Before preparing any presentation, it’s crucial to understand the objective. Ask yourself: What do I want the audience to take away from this? Your entire presentation should be crafted around fulfilling this objective.
- Audience Analysis: Recognize and understand your audience. Are they experts in the field, novices, or a mixed group? This will dictate the depth, language, and type of content you present. Tailoring your message to your audience ensures engagement and comprehension.
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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. 10
Ans 2.
Non-verbal communication plays a crucial role in human interaction, and it can significantly impact the outcome of a job interview. Job interviews are not just about what you say; they also involve how you convey your message through non-verbal cues. In this essay, we will explore various types of non-verbal communication and provide examples of how they can be effectively used during a job interview.
- Facial Expressions: Facial expressions are one of the most powerful forms of non-verbal communication. A smile can convey warmth and friendliness, while a
- 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. 10
Ans 3.
The Communication Process in Product Demonstrations: The Relevance of Context and Potential Pitfalls
When launching a new product or service, effective communication is paramount. As a sales representative, you’re not just presenting a product; you are weaving a story, sharing a solution, and influencing perceptions. The entire process involves multiple elements, and missing even one of these can derail the success of the demonstration.
- Sender (Sales Representative): As the initiator of the message, you are responsible for encoding your ideas in a way the audience will understand. This involves knowing
SET – 2
- What are different types of Reading? Explain. 5 x 2
Ans 1.
Reading is a fundamental skill that plays a crucial role in our lives. It is not a monolithic activity but rather a multifaceted process that can take on various forms depending on the purpose and context. Here, we will explore five different types of reading and provide a brief explanation of each.
Recreational Reading: Recreational reading, also known as leisure reading or pleasure reading, is perhaps the most common form of reading. It involves reading for enjoyment and relaxation. This type of reading often includes novels, magazines, comics, and any material
- Illustrate the different components of a Resume. Create an innovative resume of your own using the components. 10
Ans 2.
An Insight into the Components of a Resume and Crafting an Innovative Example
Introduction:
A resume is a document that encapsulates an individual’s academic background, work experience, and skills, serving as a personal advertisement to prospective employers. With the increasing competition in the job market, crafting an impressive resume has become paramount. By understanding the core components of a resume, one can strategically present themselves in the most favorable light. This essay aims to delve into the critical elements of a resume and provide an innovative example to illuminate these components.
- What is the basic difference between Product Advertising and Corporate Advertising? Explain the different types of Corporate Advertising. 3 + 7
Ans 3.
Difference between Product Advertising and Corporate Advertising:
| Feature | Product Advertising | Corporate Advertising |
| Objective | Promotes a specific product or service to drive sales. | Enhances the company’s overall image and communicates its values, mission, and vision. |
| SESSION | AUG/SEP 2023 |
| PROGRAMME | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | I |
| COURSE CODE & NAME | DMBA103-STATISTICS FOR MANAGEMENT |
SET 1
1 Define statistics. Explain various functions of statistics. Also discuss the key limitations of statistics. 2+4+4
Ans 1.
Statistics for Management: Definition, Functions, and Limitations
- Definition of Statistics: Statistics can be understood in two main contexts:
- a) Singular Sense: In this context, ‘statistics’ refers to the science and art of collecting, presenting, analyzing, and interpreting data in order to make informed decisions. It provides methods and tools for dealing with variability, uncertainty, and making inferences about populations from samples.
- b) Plural Sense: When used in the plural, ‘statistics’ refer to numerical facts or data points collected systematically. For instance, the GDP growth rate of a country, the average age of =
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- Define Measurement Scales. Discuss Qualitative and Quantitative data in detail with examples. 2+8
Ans 2.
Measurement Scales
Measurement scales refer to various types of categories into which data can be classified. These scales are foundational in the field of statistics and research, as they dictate the type of statistical technique that can be used to analyze the data. There are primarily four types of measurement scales: nominal, ordinal, interval, and ratio.
- Qualitative Data
Qualitative data, often termed as categorical data, deals with characteristics and descriptors that can be observed but not measured. In other words, it’s about understanding an attribute rather than counting it or measuring it with exactitude. Qualitative data can be divided based on the
- Discuss the basic laws of Sampling theory. Define following Sampling techniques with help of examples:
Stratified Sampling
Cluster Sampling
Multi-stage Sampling 4+6
Ans 3.
Laws of Sampling Theory
Sampling is a fundamental concept in statistics, which deals with the selection of a subset of individuals from within a statistical population to estimate characteristics of the whole population. There are basic laws of sampling theory that guide how sampling should be done to ensure that the sample is representative of the entire population.
Law of Statistical Regularity: Even if the population is heterogeneous, if the sample is random and sufficiently large, it will still be representative of the population. This law suggests that random samples exhibit the same properties and characteristics as the population from which they are drawn.
SET 2
1 Define Business Forecasting. Explain various methods of Business Forecasting. 10
Ans 1.
Business Forecasting Definition and Methods
Business Forecasting refers to the process of estimating or predicting future trends, demands, and developments in a particular business or industry based on historical data, market analysis, and relevant business insights. It aids businesses in making informed decisions, planning for the future, managing resources effectively, and anticipating market changes.
Methods of Business Forecasting:
- Judgmental or Qualitative Forecasting:
Expert Opinion: This method involves seeking the opinion of experts in the respective field to predict future outcomes. Their insights, based on experience and expertise, can guide business decisions.
- What is Index number? Discuss the utility of Index numbers 5+5
Ans 2.
Index Number
An index number is a statistical tool that measures the relative change in a particular variable or a group of related variables over time or different geographical locations. Typically, it quantifies the changes in terms of percentages. Index numbers are often used to track economic indicators, such as inflation, production, and the cost of living. The base year or location is given a value of 100, and subsequent values are calculated to represent the relative change from this base value.
Utility of Index Numbers:
- Economic Analysis: Index numbers are extensively used to study economic trends and formulate policies. For instance, the Consumer Price Index (CPI) provides insights into
- Discuss various types of Estimators. Also explain the criteria of a good estimator. 5+5
Ans 3.
Various Types of Estimators
Estimators are statistical measures that give an approximation of a particular population parameter based on the information available from a sample. There are several types of estimators:
- Point Estimator: This gives a single value as an estimate of the population parameter. For instance, the sample mean (X̄) is a point estimator of the population mean (μ).
- Interval Estimator: Instead of giving a single value, an interval estimator provides a range of values as the estimate for the population parameter. A confidence interval is an
|
SESSION |
AUG/SEP 2023 |
| PROGRAM | MASTER of business administration (MBA) |
| SEMESTER | I |
| course CODE & NAME | DMBA104- FINANCIAL AND MANAGEMENT ACCOUNTING |
Assignment Set – 1
- Explain different types of accounting concepts in detail. 10
Ans 1.
Accounting Concepts
Accounting concepts are the foundational principles upon which the entire structure of accounting is built. These concepts serve as a guide to accountants and financial professionals in recording, reporting, and interpreting financial transactions. Understanding these principles is essential for anyone involved in the financial world. Below, we delve into some of the key accounting concepts and explain their significance.
Going Concern Concept: This concept assumes that a business entity will continue to operate indefinitely. Unless there’s evidence to the contrary, it’s assumed that the company
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- 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. 5+5
Ans 2.
SUBSIDIARY BOOKS IN ACCOUNTING
Subsidiary books, also known as daybooks or special journals, play a pivotal role in the accounting process. These books allow businesses to record specific types of transactions in a detailed manner, which ensures that the main ledger remains uncluttered and easy to interpret. The use of subsidiary books expedites the accounting process and enhances its accuracy. Below are the different types of subsidiary books and their significance in recording accounting transactions.
- For the following balances extracted from a trial balance, prepare a trading account. 10
| Particulars | Amount in Rs. |
| Stock on 1-1-2022 | 70700 |
| Returns inwards | 3000 |
| Returns outwards | 3000 |
| Purchases | 102000 |
| Debtors | 56000 |
| Creditors | 45000 |
| Carriage inwards | 5000 |
| Carriage outwards | 4000 |
| Import duty on materials received from abroad | 6000 |
| Clearing charges | 7000 |
| Rent of business shop | 12000 |
| Royalty paid to extract materials | 10000 |
| Fire insurance on stock | 2000 |
| Wages paid to workers | 8000 |
| Office salaries | 10000 |
| Cash discount | 1000 |
| Gas, electricity, and water | 4000 |
| Sales | 250000 |
Ans 3.
Trading Account for the Year Ended 31-12-2022
A trading account gives a detailed summary of gross profit or loss of a business. To derive the gross profit, it is essential to take into account direct incomes and direct expenses.
Direct Incomes:
- Sales: The main income for any trading business. For the given period, sales amount to Rs. 250,000.
- Stock on 1-1-2022: The beginning inventory is considered in the trading account to compute the cost of goods available for sale. This amount is Rs. 70,700.
Direct Expenses: These are the expenses directly linked to the production or procurement of goods.
Assignment Set – 2
- Following is the balance sheet for the period ending 31st March 2018 and 2019. If the current year’s net loss is Rs.38,000, calculate the cash flow from operating activities.
| 31st MARCH | ||
| 2018 | 2019 | |
| Short-term loan to employees | 15,000 | 18,000 |
| Creditors | 30,000 | 8,000 |
| Provision for doubtful debts | 1,200 | – |
| Bills payable | 18,000 | 20,000 |
| Stock in trade | 15,000 | 13,000 |
| Bills receivable | 10,000 | 22,000 |
| Prepaid expenses | 800 | 600 |
| Outstanding expenses | 300 | 500 |
Ans 4.
Cash Flow from Operating Activities Calculation
The calculation of cash flow from operating activities is primarily based on the changes in working capital items and the net profit or loss for the year. Using the indirect method, we start with the net income (or net loss) and make adjustments for changes in current assets and current liabilities.
Starting Point: Net Loss for the current year: Rs. 38,000
Adjustments for Changes in Current Assets and Liabilities:
- Short-term loan to employees:
- 2018: Rs. 15,000
- Define Marginal Costing. Discuss in detail the assumptions and limitations of Marginal Costing. 2+8
Ans 5.
MARGINAL COSTING
Marginal costing, often referred to as direct, variable, or contribution costing, is a method of costing in which only variable costs are charged to products, processes, or services, while fixed costs are treated as period costs and written off during the period in which they are incurred. The main focus is on the change in the total cost due to a change in one unit of production. It helps managers in making decisions regarding production, pricing, and other business strategies by focusing on the marginal or incremental costs and benefits.
- Define budgetary control? Elaborate essential features of budgetary control. 10
Ans 6.
BUDGETARY CONTROL: DEFINITION AND ESSENTIAL FEATURES
Definition of Budgetary Control: Budgetary control is a system of managing costs through preparation of budgets. It entails the process of preparing budgets for a specific period, comparing the actual results with the budgeted figures, and taking corrective action if any discrepancies exist. It serves as a vital tool for management in planning, coordinating, and
| SESSION | Aug/Sep 2023 |
| PROGRAM | MASTER of business administration (MBA) |
| SEMESTER | I |
| course CODE & NAME | DMBA105 – MANAGERIAL ECONOMICS |
Assignment Set – 1
- What is Law of Demand? What are its exceptions? 2+8
Ans 1.
Law of Demand
The Law of Demand is a fundamental concept in economics that describes the inverse relationship between the price of a good or service and the quantity demanded by consumers, assuming other factors remain constant (ceteris paribus). Simply put, as the price of a good or service increases, the quantity demanded for it tends to decrease, and conversely, as the price of a good or service decreases, the quantity demanded for it tends to increase.
This behavior can be attributed to two primary effects:
- Substitution Effect: When the price of a product rises, other similar products become
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- Describe the features of various market structures. 10
Ans 2.
Features of Various Market Structures
Market structures provide a framework within which businesses operate, determine product prices, and compete. They essentially describe the nature and level of competition between firms in the same industry. There are several types of market structures, each with its own distinct features and implications for the way businesses behave. Let’s delve into the primary market structures: perfect competition, monopolistic competition, oligopoly, and monopoly.
- Perfect Competition:
Many Sellers and Buyers: There are numerous sellers, each selling an identical product, and many buyers. No single buyer or seller can influence the market price.
- Explain the different types of cost with suitable example. 10
Ans 3.
Different Types of Cost with Suitable Examples
Cost is a fundamental concept in economics and business management. At its core, it represents the amount spent to produce or purchase something. However, from a managerial perspective, it is essential to understand the different classifications of costs, as they play a crucial role in decision-making, budgeting, and price setting. Here, we delve into the various types of costs and provide examples for better comprehension.
- Fixed Costs: These are costs that do not vary with the level of production or sales. They remain constant regardless of the volume of goods produced or sold. This means that even if
Assignment Set – 2
- Outline the characteristics and causes of business cycle. 10
Ans 4.
CHARACTERISTICS OF BUSINESS CYCLES
Wave-Like Movements: Business cycles occur in waves, characterized by alternating periods of expansion and contraction in economic activity. These are recurrent, but not periodic, as they do not follow a fixed time pattern.
Phases: A complete business cycle comprises four phases – expansion or boom, peak, contraction or recession, and trough. The expansion phase sees an upward trajectory of economic activity until it reaches its peak. After the peak, the economic activity starts to
- Summarize the different objectives of pricing policies. 10
Ans 5.
Objectives of Pricing Policies
Pricing is a crucial component in the decision-making processes of firms. It not only affects a company’s bottom line but also plays a vital role in positioning a product or service in the market. The objectives behind pricing policies can vary based on the company’s goals, market conditions, and the specific stage of the product life cycle. Here are the key objectives of pricing policies:
Revenue Maximization: One of the primary objectives for many businesses is to maximize revenue. By adjusting the price, a company aims to sell a quantity of the product that will
- Define and discuss the importance of consumption function in detail. 2 +8
Ans 6.
Consumption Function: Definition and Importance
Definition of Consumption Function:
The consumption function, a central concept in Keynesian economics, relates the level of aggregate consumption to the level of disposable income in an economy. It is mathematically expressed as:
C=C0+c(Y−T)
Where:
- C = Total consumption
| SESSION | aug/sep 2023 |
| PROGRAM | MASTER of business administration (MBA) |
| SEMESTER | I |
| course CODE & NAME | dMBA106 – HUMAN RESOURCE MANAGEMENT |
| CREDITS | 4 |
| nUMBER OF ASSIGNMENTS & Marks | 02
30 Marks each |
Assignment Set – 1
- Briefly describe the different roles of HR professional in business. 10
Ans 1.
Roles of HR Professional in Business
The roles of Human Resource (HR) professionals have evolved significantly over the years. They have transitioned from mere administrative functions to more strategic roles within the organization. Here are the key roles that HR professionals play in the modern business context:
Strategic Partner: HR professionals are actively involved in forming and executing company strategies. They help the company align its human capital with its strategic objectives, ensuring that the right talent is in place to achieve business goals.
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- Discuss selection process outcomes and its effect in the selection of candidates. 10
Ans 2.
Selection Process Outcomes and Its Effect in the Selection of Candidates
The selection process is crucial to ensuring that the right individuals are chosen for the right positions. The outcomes of a selection process are the results that come from evaluating applicants against the criteria required for the job. These outcomes have a profound effect on the selection of candidates in various ways:
- Job-Applicant Fit: A primary outcome of the selection process is determining how well an applicant’s skills, experience, and attributes align with the job’s requirements. A successful selection process will accurately measure this fit, ensuring that the candidate can effectively perform the job tasks.
- What is succession planning? What are the benefits of having a formal Succession Planning System in an organization? 3+7
Ans 3.
Succession Planning
Succession planning is a strategic process wherein organizations identify and develop potential leaders to fill key business leadership positions in the future. It ensures that employees are recruited and developed to fill each key role within the company. Succession planning ensures that businesses continue to run smoothly after the company’s most vital people move on to new opportunities, retire, or pass away.
Benefits of Having a Formal Succession Planning System in an Organization:
- Ensures Business Continuity: One of the primary benefits of succession planning is ensuring that the organization can continue its operations without disruption even
Assignment Set – 2
- Describe competency mapping. Discuss the steps involved in competency mapping with a result of job evaluation. 10
Ans 4.
Competency Mapping
Competency mapping is a process of identifying key competencies for a particular job role and then using this information to develop job descriptions, performance evaluations, training programs, and other HR processes. Competencies can be understood as a combination of skills, knowledge, attitudes, and other attributes that contribute to job performance. Mapping these competencies helps in understanding the exact requirements of a role, ensuring that the right person is selected, trained, and assessed based on these identified competencies.
Steps Involved in Competency Mapping with a Result of Job Evaluation:
- Job Analysis: Begin by thoroughly analyzing the job to understand its primary duties
- Define wage and salary. What are the factors for effective wage administration? 3+7
Ans 5.
Wage and Salary: Definitions
- Wage: Wages typically refer to the compensation paid to workers on an hourly basis for the services they provide. It’s often associated with blue-collar workers, temporary employees, or those who do not have salaried positions. The total amount a worker receives is contingent on the number of hours they work.
- Salary: Salary is a fixed regular payment, typically paid monthly or biweekly but often expressed as an annual sum, made by an employer to an employee. It’s not
- What is a workplace grievance, and why is it important for organizations to have a structured grievance procedure in place? 5+5
Ans 6.
Workplace Grievance:
A workplace grievance is a formal complaint raised by an employee towards an employer within the workplace. It can stem from any perceived injustice, violation, unfair treatment, or dissatisfaction an employee might experience in the course of their employment. Grievances can pertain to a variety of issues, including but not limited to:
- Unfair treatment by supervisors or colleagues.