| SESSION | JULY – AUGUST 2024 |
| PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | I |
| COURSE CODE & NAME | DMBA107 MANAGEMENT PROCESS AND ORGANISATIONAL BEHAVIOUR |
Assignment Set – 1
- Explain briefly the principles of management. 10
Ans 1.
Principles of Management
Management principles serve as guidelines for directing managerial activities effectively and efficiently. These principles, developed through research and practice, aim to streamline decision-making, establish order, and achieve organizational goals. One of the most influential contributors to management theory is Henri Fayol, who outlined 14 principles that remain relevant to modern organizational practices.
Henri Fayol’s 14 Principles of Management
- Division of Work: Specialization increases
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- Define Organising. Highlight its importance.
Ans 2.
Definition and Importance of Organizing
Organizing is one of the key functions of management that involves arranging resources and tasks to achieve organizational objectives. It entails identifying activities, grouping them into manageable units, and assigning roles and responsibilities to employees. Organizing ensures that the right resources are allocated to the right tasks at the right time, fostering efficiency and
- Elucidate leading along with its roles and functions. 5+5
Ans 3.
Leading in Management—Roles and Functions
Leading is a critical function of management, integral to guiding and motivating employees toward achieving organizational objectives. Leadership involves influencing individuals or teams to work effectively by establishing a vision, fostering communication, and creating a productive organizational culture. Effective leadership ensures alignment between the workforce’s goals and the broader organizational mission, driving succ
Assignment Set – 2
- Describe Cattell’s 16 Personality Factor Model (16 PF). 10
Ans 4.
Cattell’s 16 Personality Factor Model (16PF)
Cattell’s 16 Personality Factor Model, commonly referred to as 16PF, is a comprehensive framework for understanding human personality. Developed by Raymond Cattell, the model identifies 16 core personality traits that describe individual differences. Derived through rigorous statistical analysis, this model is widely recognized in psychology for its
- Bring out the factors that affect group behaviour and outline the group decision-making techniques. 5+5
Ans 5.
Factors Affecting Group Behavior and Group Decision-Making Techniques
Group behavior refers to the ways individuals interact and function within a group, which directly impacts the group’s performance and outcomes. A group’s success depends on various internal and external factors that shape its dynamics and decision-making processes. Understanding these factors and decision-making techniques is crucial for managers to foster
- Discuss change along with John Kotter’s model of leading change. 2+8
Ans 6.
Change and John Kotter’s Model of Leading Change
Change is an inevitable aspect of organizational life, driven by factors such as technological advancements, market dynamics, and evolving customer demands. Effective change management ensures that transitions are smooth and beneficial, minimizing resistance and maximizing acceptance. John Kotter, a renowned expert in change management, developed an eight-step
| SESSION | JUL-AUG 2024 |
| PROGRAM | Masters of business administration (mba) |
| SEMESTER | I |
| course CODE & NAME | DMBA108 BUSINESS COMMUNICATION |
Set – 1
- Elucidate the Communication process while explaining all its six components. 10
Ans 1.
The Communication Process and Its Components
Communication is the cornerstone of human interaction, essential for conveying ideas, thoughts, and emotions. The communication process is systematic, involving six fundamental components: sender, message, encoding, channel, decoding, and receiver. Each component plays a vital role in ensuring the success of communication.
Sender
The sender initiates the communication process. They are responsible for crafting the message they wish to convey,
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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: Types and Application in Job Interviews
Non-verbal communication (NVC) encompasses the transmission of messages without the use of words. It includes body language, gestures, facial expressions, and other visual cues. In professional settings, such as job interviews, NVC can complement verbal communication to enhance clarity and impact.
Types of Non-Verbal Communication
- Body Language: Posture, gestures, and movements can convey confidence or nervousness. A firm
- What are the different types of Group Discussions? Discuss their characteristics. 1
Ans 3.
Types of Group Discussions and Their Characteristics
Group discussions (GDs) are a common evaluative tool used in academic, professional, and organizational settings to assess individuals’ abilities to articulate ideas, collaborate, and solve problems. They can be categorized into various types, each serving distinct purposes and exhibiting unique
Set – 2
- What are different types of Reading? Explain. 5 x 2
Ans 4.
- Types of Reading and Their Significance
Reading is a fundamental skill for acquiring knowledge and fostering intellectual growth. It can be categorized into different types based on purpose, engagement level, and context. Each type serves distinct functions and is essential for personal and professional development.
Types of Reading
Skimming This involves quickly
- Discuss with examples the different types of Listening. 10
Ans 5.
Different Types of Listening with Examples
Listening is a crucial communication skill that involves not just hearing sounds but actively interpreting and understanding the message. There are several types of listening, each serving a unique purpose and applicable in different contexts.
Types of Listening
Active Listening Active listening involves
- What is the basic difference between Product Advertising and Corporate Advertising? Explain the different types of Corporate Advertising.
Ans 6.
Difference Between Product Advertising and Corporate Advertising
Advertising is a strategic tool used by businesses to promote their offerings and build their brand image. While product advertising focuses on promoting specific goods or services, corporate advertising is aimed at enhancing the overall image of the company.
Key Differences
- Objective
Product Advertising: The main objective is to highlight the features, benefits, and uses of a specific product or service. It aims to
| SESSION | JULY-AUGUST 2024 |
| PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | 1 |
| COURSE CODE & NAME | DMBA109 STATISTICS FOR MANAGEMENT |
Assignment Set – 1
- What are the functions and limitations of Statistics?
Ans 1.
Functions of Statistics
Statistics is a branch of mathematics that involves the collection, organization, analysis, interpretation, and presentation of data. Its primary functions include:
Data Collection: Statistics provides systematic methods for gathering data from diverse sources, ensuring accuracy and reliability. Tools like surveys, experiments, and observational studies help collect meaningful data.
Data Organization and Presentation: Collected data is often vast and complex. Statistics organizes it into manageable forms, such as
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- 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.
Ans 2.
Correcting the Arithmetic Mean
The arithmetic mean of 50 values was calculated as 39.2, but two incorrect values (52 and 23) were used instead of the correct values (25 and 32). We need to find the corrected mean.
Steps to Calculate the Corrected Mean:
1 Calculate the Total Using the Incorrect Mean:
- Define Following Terms:
- Mutually exclusive Events
- Independent Events
Ans 3.
1. Mutually Exclusive Events
Mutually exclusive events are events that cannot occur simultaneously. In probability theory, if two events are mutually exclusive, the occurrence of one event excludes the possibility of the other event happening.
Key Characteristics:
- If and are mutually exclusive events, then:
- This means the probability of both events occurring together is zero.
- The events have no common
Assignment Set – 2
- The data given below depicts the sales statistics of six sales representatives in two different localities. Find whether there is a relationship between the buying habits of the people in the localities.
| Representative | 1 | 2 | 3 | 4 | 5 | 6 |
| Locality I | 70 | 40 | 65 | 110 | 60 | 20 |
| Locality II | 70 | 30 | 80 | 100 | 90 | 20 |
Ans 4.
Analysis of Relationship Between Buying Habits in Two Localities
The given data represents the sales statistics of six sales representatives in two different localities. To determine the relationship between buying habits in Locality I and Locality II, we calculate the Pearson Correlation
- Discuss the concept, objectives and assumptions of ANNOVA
Ans 5.
Concept of ANOVA
Analysis of Variance (ANOVA) is a statistical method used to compare the means of three or more groups to determine if there are significant differences among them. It tests whether the variation among group means is greater than what would be expected by chance. Developed by Ronald Fisher, ANOVA extends the ttt-test for comparing two means to more than two groups, making it a critical tool in hypothesis testing when analyzing complex datasets.
ANOVA uses the F-test to evaluate the null hypothesis that all group means are equal. If the null hypothesis is
- What are the components of time series? Bring out the significance of moving average in analysing a time series and point out its limitations.
Ans 6.
Components of Time Series
Time series analysis examines data points collected over time to identify patterns, trends, and seasonality. The four main components are:
- Trend: This represents
| SESSION | JUL – AUG 2024 |
| PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | I |
| COURSE CODE & NAME | DMBA110 FINANCIAL AND MANAGEMENT ACCOUNTING
|
| STUDENT NAME | |
| ROLL NO. |
Assignment Set – 1
Q1. Explain the meaning and scope of Accounting. Along with that, discuss any five Accounting concepts.
Ans 1.
Meaning of Accounting
Accounting is a systematic process of identifying, recording, classifying, summarizing, interpreting, and communicating financial information. This financial information is crucial for various stakeholders, including investors, creditors, management, and regulatory authorities, as it enables them to make informed decisions. Often referred to as the language of business, accounting provides a standardized method to measure and communicate financial performance and position effectively.
Scope of Accounting
The scope of accounting is broad and encompasses several essential activities. It involves systematically recording all financial transactions of an organization in chronological order, ensuring that no financial event
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Q2. Write a short note on the following
- A) Ledger
- B) Purchase Book
- C) Sales Book
- D) Trial Blanace
Ans 2.
- Ledger A ledger is a principal book in accounting where all financial transactions related to specific accounts are recorded in a systematic manner. It is derived from the journal, which is the initial book of entry. The ledger classifies transactions into individual accounts, such as cash, capital, revenue, and expenses, providing a clear and detailed picture of each account’s activity. Each ledger account consists of two sides: the debit side and the credit side. Transactions are posted from the journal to the respective ledger accounts, helping to monitor account balances. For example, a sales transaction recorded in the journal will be transferred to the sales ledger
Q3. Discuss the nature of Management Accounting along with its Functions and Objectives.
Ans 3.
Nature of Management Accounting
Management accounting is a branch of accounting that focuses on providing financial and non-financial information to internal stakeholders, primarily management, to support decision-making, planning, and control. Unlike financial accounting, which is aimed at external stakeholders, management accounting is future-oriented, flexible, and not bound by statutory requirements. It integrates financial data with operational insights, enabling businesses to optimize resources and achieve strategic goals.
The nature of management accounting can be understood through the following characteristics:
Assignment Set – 2
Q4. Elaborate on the Attributes of Financial Statements. Discuss the Funds Flow Statement and Differentiate Between Funds Flow Statement and Balance Sheet.
Ans 4.
Attributes of Financial Statements
Financial statements are critical documents that provide a comprehensive view of an organization’s financial performance and position. They include the income statement, balance sheet, cash flow statement, and notes to accounts. The primary attributes of financial statements are:
Reliability: Ensures that the information presented is accurate and free from bias, derived from verifiable data.
Relevance: Makes the information useful
Q5. Describe the Various Sources of Cash. Explain the Three Elements of Cost.
Ans 5.
Various Sources of Cash
Cash is the lifeblood of any business, essential for meeting operational expenses, investing in growth, and managing financial obligations. The sources of cash can be broadly categorized into internal and external sources:
Operating Activities: Cash generated from the core operations of the business is the most sustainable source. It includes revenue from sales, fees, or services rendered, adjusted for operating expenses like salaries, utilities, and raw materials. Efficient operations ensure a steady inflow of cash, critical for long-term sustainability.
Investing Activities: These include proceeds from the sale of fixed assets, investments, or other long-term assets. For instance, selling unused machinery or divesting in securities can generate significant cash. While
Q6.a.Explain in Detail the Advantages and Limitations of Standard Costing.
b. ABC Ltd. is preparing its Cash Budget for the First Quarter of 2024. Below are the Expected Cash Inflows and Outflows:
- Opening Cash Balance (January 1, 2024): Rs. 10,000
- Sales Revenue (cash collected in the month of sale):
- January: Rs. 50,000
- February: Rs. 60,000
- March: Rs. 55,000
- Purchases (paid in the month following purchase):
- December 2023: Rs. 20,000
- January: Rs. 30,000
- February: Rs. 25,000
- March: Rs. 35,000
- Wages and Salaries:
- January: Rs. 8,000
- February: Rs. 10,000
- March: Rs. 9,000
- Overhead Expenses (paid in the same month):
- January: Rs. 5,000
- February: Rs. 6,000
- March: Rs. 5,500
- Other Cash Payments:
- Equipment Purchase in March: Rs. 15,000
The company aims to maintain a minimum cash balance of Rs. 5,000 at the end of each month. If the cash balance falls below this amount, the company will borrow the needed funds at the end of the month.
Prepare a Cash Budget for Each Month from January to March.
Ans 6.
- Advantages of Standard Costing
- Cost Control: Standard costing sets benchmarks for costs, enabling businesses to monitor deviations and take corrective actions. This promotes efficiency and cost reduction.
- Performance Evaluation:By comparing actual costs with standard costs, businesses can assess the performance of departments, processes, or employees, fostering accountability.
- Budgeting Support: Standard costs form the basis for creating budgets, making financial planning more accurate and realistic.
- Decision-Making: It provides critical insights for pricing, cost-cutting, and resource allocation decisions,
| SESSION | JUL – AUG 2024 |
| PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | I |
| COURSE CODE & NAME | DMBA111 MANAGERIAL ECONOMICS
|
- Define the term ‘managerial economics’. Explain significance of the study of managerial economics. (2+8)
Ans 1.
Definition of Managerial Economics
Managerial Economics is a branch of economics that applies microeconomic and macroeconomic theories, principles, and methodologies to solve practical problems in business and management. It bridges the gap between economic theory and managerial practice, helping decision-makers in understanding and solving real-world challenges to maximize organizational goals. Managerial economics focuses on demand analysis, production, cost management, pricing strategies, and profit maximization to ensure sound decision-making in dynamic
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- Define production function. State types and uses of production function.(2+4+4)
Ans 2.
Definition of Production Function
The production function is a mathematical relationship that explains the output produced by a firm as a function of its input factors, such as labor, capital, land, and raw materials. It illustrates the maximum output that can be achieved with a given combination of inputs, assuming efficient utilization of resources and a specific state of technology. The production function is typically expressed as:
- Explain different types of cost.(10)
Ans 3.
Different Types of Cost
Costs are the expenses incurred by businesses in the process of producing goods and services. Understanding the types of costs is crucial for effective decision-making, pricing, and profit maximization. Costs can be classified based on their behavior, traceability, and function. Below are the primary types of costs:
- Fixed Costs
Fixed costs remain constant irrespective of the level of production or output. These costs do not vary in the short run and must be paid even if no production occurs. Examples include rent, salaries of permanent staff, and
- Explain causes of inflation in detail.(10)
Ans 4.
Causes of Inflation
Inflation is the sustained rise in the general price level of goods and services in an economy over a period of time. It reduces the purchasing power of money and affects individuals, businesses, and governments. Understanding the causes of inflation is vital for implementing effective policies to manage it. The primary causes of inflation can be broadly categorized into demand-pull, cost-push, and structural factors.
- Demand-Pull Inflation
- Explain different objectives of pricing policies.(10)
Ans 5.
Different Objectives of Pricing Policies
Pricing policies refer to the strategies and methods businesses adopt to set the prices of their products or services. These policies are influenced by a company’s overall objectives, market dynamics, competition, and customer expectations. Effective pricing policies play a crucial role in achieving financial and strategic goals. Below are the key objectives of pricing policies:
- Profit Maximization
One of the primary objectives of
- Define monetary policy. State the objectives of monetary policy in developing countries. (2+8)
Ans 6.
Definition of Monetary Policy
Monetary policy refers to the process by which a central bank, such as the Reserve Bank of India (RBI), controls the money supply, interest rates, and credit availability to achieve specific economic objectives. It is a critical tool for managing inflation, unemployment, economic growth, and financial stability.
Instruments of Monetary Policy: These include quantitative tools like open market operations, repo rates, and cash reserve ratios, and qualitative tools like credit rationing.
Objectives of
| SESSION | jul – aug 2024 |
| PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | 1 |
| course CODE & NAME | DMBA112 Human Resource Management |
Assignment Set – 1
- Define the term ‘Recruitment’. Explain the various sources of recruitment.
Ans 1.
Recruitment: Definition and Sources
Recruitment is the process of identifying, attracting, and selecting qualified individuals to fill job vacancies within an organization. It serves as a crucial function in human resource management, ensuring that organizations acquire the talent needed to achieve their objectives. Recruitment involves creating job advertisements, sourcing candidates, screening applications, and conducting interviews. This process is integral to organizational growth and success, as it directly influences employee
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- Explain the concept of succession planning. State the advantages that a structured Succession Planning System brings to an organization.
Ans 2.
Concept of Succession Planning
Succession planning is a proactive strategy for identifying and developing future leaders or key individuals within an organization to ensure business continuity and stability. It involves recognizing high-potential employees, grooming them through training and mentoring, and preparing them to assume critical roles when the need arises. Succession planning is not limited to top-level management
- Describe Human Resource Planning. Elaborate on the process of Human Resource Planning
Ans 3.
Concept of Human Resource Planning
Human Resource Planning (HRP) is the strategic process of forecasting an organization’s future human resource needs and developing plans to ensure those needs are met. It bridges the gap between an organization’s workforce demand and supply, ensuring the availability of the right number and type of employees to achieve business objectives. HRP plays a critical role in aligning human resources with organizational goals, adapting to changing market conditions, and maintaining
Assignment Set – 2
- Describe the concept of Competency and its linkage to various HR systems.
Ans 4.
Concept of Competency
Competency refers to the combination of knowledge, skills, abilities, and behaviors that an individual must possess to perform a specific job effectively. It goes beyond technical expertise, encompassing personal attributes such as communication, adaptability, and teamwork. Competencies can be classified into two main categories:
Core Competencies: These are essential skills and traits required for all employees within an organization, such as teamwork,
- Define ‘Job Analysis’. Elaborate on the process of job analysis.
Ans 5.
Definition of Job Analysis
Job analysis is the systematic process of gathering, documenting, and analyzing information about a job’s responsibilities, duties, and requirements. It provides a detailed understanding of what a job entails and the skills, knowledge, and abilities required to perform it effectively. Job analysis is a cornerstone of various HR functions, including recruitment, training, performance evaluation, and compensation planning.
The primary objective of job analysis is to
- Explain the concept of Employee Welfare and the benefits of Employee Welfare.
Ans 6.
Concept of Employee Welfare
Employee welfare refers to the comprehensive set of programs, policies, and practices implemented by organizations to ensure the well-being, satisfaction, and overall quality of life of their employees. These initiatives extend beyond the basic salary and working conditions, aiming to enhance the physical, mental, and social well-being of employees. Welfare measures reflect