| SESSION | JAN-FEB’24 |
| PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | 1 |
| COURSE CODE & NAME | DMBA101 & MANAGEMENT PROCESS AND ORGANISATIONAL BEHAVIOUR |
Assignment Set – 1
- Define the concept of Decision Making along with BCG model of planning and decision making.
Ans 1.
Decision Making and the BCG Model
Definition of Decision Making
Decision making is a fundamental process used in the management of any organization, encompassing the act of choosing between two or more alternative courses of action. It is a core part of the management functions, which involves selecting a specific course of action from a range of possibilities after evaluating the benefits and risks associated with each. Decision making in management is aimed at achieving organizational goals efficiently and effectively by responding to
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- Discuss the concept of Organizing while having light on the importance of the concept. 3+7
Ans 2.
Organizing in Management
Definition of Organizing
Organizing is a fundamental function of management that involves arranging people, tasks, and resources in a way that effectively and efficiently achieves business objectives. It follows the planning stage and sets the framework for directing and controlling operations within an organization. This function is vital for ensuring that the planned goals are met through optimal use of resource
- Write the concept of Controlling along with prerequisites of Effective Control. 3+7
Ans 3.
Definition of Controlling
Controlling is a fundamental management function that involves measuring actual performance against set standards, with the objective of ensuring that organizational goals are achieved and that all parts of the organization are functioning in alignment with the strategic plan. This function facilitates the ability to take corrective actions and thus ensures that the organization
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Assignment Set – 2
- Define the term Motivation? Explain Maslow’s hierarchy of needs theory. 2+8
Ans 4.
Definition of Motivation
Motivation refers to the processes that account for an individual’s intensity, direction, and persistence of effort toward achieving a specific goal. While intensity concerns the amount of energy an individual
5.Detail the concept of ‘Team’, also discuss seventeen characteristics of an Effective Team. 2+8
Ans 5.
Concept of a ‘Team’
A ‘team’ is a group of individuals who are organized to work together interdependently and cooperatively to meet the needs of their customers by accomplishing a purpose and goals. Teams are created for both long-term and short-term interaction. A team operates on the belief that the collective decisions, products, or services meet the quality standards of the organization and are preferable to those that could be achieved by individuals working alone.
Seventeen
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6.Define the concept of Leadership. Discuss different dimensions- Authoritarian, Democratic & Laissez Faire in detail. 3+7
Ans 6.
Concept of Leadership
Leadership is the act of guiding and directing a group of people towards achieving a common goal. It involves influencing and motivating others to participate in the process of accomplishing organizational or group objectives. Effective leadership transcends the operational execution of tasks and involves inspiring others, setting a vision, and adapting to change while maintaining focus on achieving results.
Different Dimensions of Leadership Styles
The three primary leadership styles identified by psychologist Kurt Lewin in the 1930s are authoritarian, democratic, and laissez-faire. Each style has distinct characteristics and impacts on team dynamics and organizational success.
- Authoritarian
| SESSION | JAN-FEB’24 |
| PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | 1 |
| COURSE CODE & NAME | DMBA103 STATISTICS FOR MANAGEMENT |
Assignment Set – 1
- Discuss Binomial Distribution.
What are the assumptions under which binomial distribution is applied? Give examples 5+5
Ans 1.
The binomial distribution is a foundational concept in statistics, particularly useful for modeling scenarios where outcomes are dichotomous, meaning they result in one of two possible outcomes: success or failure. This type of distribution allows for the calculation of the probability of a fixed number of successes in a given number of trials within a clearly defined set of conditions.
Assumptions of the Its Half solved only
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- Discuss meaning, definition, functions and requisites for classification.
Ans 2.
Meaning and Definition of Classification
Classification refers to the systematic arrangement of entities based on shared qualities or characteristics into groups or categories. This method is fundamental in various fields such as biology, library science, data analysis, and social sciences, serving as a means to organize and simplify complex sets of data or information. The purpose of classification is to enhance understanding and efficiency in accessing information. By grouping entities that exhibit similar traits, classification helps in establishing order and facilitating effective communication of
- A clerk calculated arithmetic mean of 50 values as 39.2. However, it was found that instead of taking two values as 25 and 32, he took them as 52 and 23. Find the corrected arithmetic mean. 10
Ans 3.
To find the corrected arithmetic mean after the discovery of the data entry error, we first need to understand the impact of the error on the initially calculated mean. Let’s start by examining the error and then recalculating the correct mean.
Step 1: Reviewing the Initial Calculation
The clerk originally calculated the arithmetic mean of 50 values as 39.2. The arithmetic mean is calculated
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Assignment Set – 2
- What is sampling? Explain the importance in solving business problems. Critically examine the well-known methods of probability sampling and non-probability sampling 2+2+3+3
Ans 4.
Sampling is a statistical method used to select a subset of data, or a sample, from a larger population for the purpose of making predictions or inferences about that population. It is a critical tool in research and business decision-making because it allows for the collection of data points that are manageable, cost-effective, and timely, without needing to survey the entire population.
Importance in
- What do you mean by index number? Explain the characteristics and uses of index numbers in detail.
Ans 5.
Index numbers are statistical measures designed to show changes in a variable or group of variables over time, relative to a base period. They are crucial tools in economics and business for tracking trends, comparing data, and making informed decisions. This essay explains the characteristics and uses of index numbers in detail.
Characteristics of Index Numbers
- Relative Measure:
- In a singing competition, two judges assigned the ranks for seven candidates which is depicted in table given below. Find Spearman’s rank correlation coefficient.
| Competitor | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| Judge I | 5 | 6 | 4 | 3 | 2 | 7 | 1 |
| Judge II | 6 | 4 | 5 | 1 | 2 | 7 | 3 |
Ans 6.
Spearman’s rank correlation coefficient, denoted as ρ (rho), is a non-parametric measure of rank correlation that assesses how well the relationship between two rankings can be described using a monotonic function. This statistic is useful when dealing with ordinal data, where the exact differences between ranked items are not meaningful, but their order is. In the context of a singing competition, Spearman’s rho can help determine the degree of agreement between two judges regarding the rankings of competitors.
In this case, we have two sets of rankings given by Judge I and Judge II for seven competitors. To compute
| SESSION | JAN – FEB2024 |
| 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.
Ans 1.
The field of accounting is governed by several fundamental concepts that ensure the uniformity, clarity, and comparability of financial reporting. These accounting concepts form the backbone of financial and management accounting practices. Here are the key types of accounting concepts detailed:
Entity Concept
The entity concept separates the business from its owner(s). Financial records reflect only the business’s transactions, distinct from the personal financial activities of its owner or any other business entity. This Its Half solved only
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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.
Ans 2.
Subsidiary books, also known as special journals, are an integral part of the accounting system used by businesses to categorize and record financial transactions before they are summarized in the ledger. These books streamline the accounting process, enhance accuracy, and improve the efficiency of financial record-keeping. Below is a detailed note on the different types of subsidiary books and their importance in recording accounting transactions, along with
- For the following balances extracted from a trial balance, prepare a trading account.
| Particulars | Amount in Rs. |
| Stock on 1-1-2004 | 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.
A trading account is a summary of all revenues and costs directly associated with the buying and selling of goods over a given accounting period, typically over a fiscal year. It helps in determining the gross profit or gross loss of a business entity. The following example demonstrates how to
- 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.
To calculate the cash flow from operating activities, we first need to adjust for the non-cash expenses and changes in working capital from the balance sheet data provided. The net loss for the year is also factored into these calculations to reach the net cash flow from operating activities. Here’s how you can do it:
Adjustments for Changes in Working Capital:
Changes in working
- Define Marginal Costing. Discuss in detail the assumptions and limitations of Marginal Costing.
Ans 5.
Marginal costing, also known as variable costing or direct costing, is a costing method in which only variable costs are charged to cost units and fixed costs are treated as period costs and are written off in the period in which they are incurred. This technique differentiates between fixed costs and variable costs as product cost and period cost, respectively. The key feature of marginal
- What is meant by budgetary control? Elaborate essential features of budgetary control.
Ans 6.
Budgetary control is a comprehensive system of managing a business’s finances by developing budgets based on the various activities involved, then comparing actual results to the budgeted figures to measure performance and make informed decisions. This system helps in planning, coordinating, and controlling various business operations through financial and/or quantitative statements prepared
| SESSION | JAN-FEB’24 |
| PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | 4 |
| COURSE CODE & NAME | DMBA105 – MANAGERIAL ECONOMICS |
Assignment Set – 1
- Why demand curve slopes downwards? What are its exceptions? 4+6
Ans 1.
The demand curve, a fundamental concept in economics, typically slopes downward. This pattern reflects the inverse relationship between the price of a good or service and the quantity demanded by consumers. In other words, as the price of a product decreases, the quantity demanded generally increases, and vice versa. This downward slope can be attributed to several economic principles and behavioral responses, which include the substitution effect, the income
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- Why demand curve for a firm in perfectly competitive market is horizontal whereas it is downward sloping in imperfectly competitive market. 5+5
Ans 2.
In the realm of economics, understanding why demand curves differ in shape between perfectly competitive and imperfectly competitive markets is fundamental. This exploration sheds light on the differing market dynamics and the strategic positioning of firms within these markets.
Demand Curve in
Top of Form
- Explain the different types of cost with suitable example. 10
Ans 3.
In economics and business management, the concept of cost is multifaceted, reflecting various aspects of spending incurred by organizations or individuals. These costs are categorized based on their characteristics and the context in which they occur. Below are some key types of costs, each illustrated with examples to facilitate a clearer understanding:
- Fixed Costs
Fixed costs are expenses that do
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Assignment Set – 2
- Write down the ways to control inflation of a country. 10
Ans 4.
Strategies to Control Inflation in an Economy
Inflation, characterized by a sustained increase in the general price level of goods and services in an economy, can have a significant impact on economic stability and purchasing power. Governments and central banks use various strategies to control inflation. These measures are crucial for maintaining economic stability and can be broadly categorized into monetary policies, fiscal policies, and
- Summarize the different objectives of pricing policies. 10
Ans 5.
Pricing policies are fundamental for businesses as they directly impact revenue generation, market positioning, and overall strategic goals. Different pricing objectives guide how a company sets its prices, and these objectives can vary based on the company’s market, product life cycle, and competitive environment. Here are several key pricing objectives that companies might prioritize:
- Define and discuss the importance of consumption function and saving function in detail. 10
Ans 6.
The consumption function and the saving function are fundamental concepts in economic theory, particularly within Keynesian economics. These functions provide insight into the spending and saving habits of individuals and play a crucial role in determining the overall economic activity and growt
| SESSION | JAN-FEB’24 |
| PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | 1 |
| COURSE CODE & NAME | DMBA106 & HUMAN RESOURCE MANAGEMENT |
Assignment Set – 1
- Outline the historical progression in the development of Human Resource Management. 10
Ans 1.
Human Resource Management (HRM) has evolved significantly over the decades from a basic welfare and clerical role to a strategic partner at the boardroom level. Here’s an outline of the historical progression in the development of HRM:
- The Industrial Welfare
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- Describe Human Resource Planning. Elaborate on the process of Human Resource Planning 2+8
Ans 2.
Human Resource Planning (HRP) is a strategic process used by organizations to ensure they have the right number of people, with the right skills, in the right places, at the right time. This process is crucial for aligning an organization’s human resources with its business objectives, ultimately enabling effective response to changes in the marketplace and environmen
- Explain the concept of succession planning. State the advantages that a structured Succession Planning System brings to an organization. 3+7
Ans 3.
Succession planning is a strategic process that identifies and develops future leaders at various levels in an organization, ensuring a seamless transition in key roles. It involves preparing for the departure of managers and other key employees, ensuring that the business continues to operate efficiently without interruption. This planning is crucial for maintaining the stability and
Assignment Set – 2
- Describe competency mapping. Discuss the steps involved in competency mapping with a result of job evaluation. 10
Ans 4.
Competency mapping is a strategic HR process used to identify and document the key competencies required to perform various jobs within an organization effectively. It involves defining the specific skills, knowledge, behaviors, and attitudes necessary to perform tasks successfully. This process is crucial for various HR functions, including recruitment, training, development, and
- Explain the concept of Employee Welfare. Also, discuss the benefits of Employee Welfare. 5+5
Ans 5.
Employee welfare refers to the array of services, benefits, and facilities provided to employees to ensure their comfort, safety, and health in the workplace. This concept is rooted in the understanding that the well-being of employees is crucial to the functioning of an organization. Welfare measures are designed to take care of the various needs of employees beyond just their monetary
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- “Addressing grievances promptly and fairly not only resolves conflicts but also strengthens trust and morale within the organization”. Explain the significance of implementing a formal grievance procedure within organisations. 5+5
Ans 6.
The statement emphasizes the critical role of addressing employee grievances in maintaining a healthy and productive work environment. Grievances are concerns, problems, or complaints that employees raise with their employers. Without a proper mechanism to address these grievances, organizations may face decreased employee morale, reduced productivity, and even