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International
Marketing Management
Section
A: Objective Type & Short Questions (30 Marks)
Part
One:
Multiple
choices:
1.
International marketing includes activities that direct the flow of goods from:
a.
One country to one country
b.
One country to another country
c.
One country to multiple country
d.
All of the above
2.
ETC stands for______________
a.
Expert trading companies
b.
Essential trading companies
c.
Export trading companies
d.
None of the above
3.
Till 1950-56 there was no clear exim policy and no __________ restrictions of
any kind.
a.
Import
b.
Export
c.
Both a) & b)
d.
None of the above
4.
Tariffs have been one of the classical methods of regulating ___________ trade.
a.
International
b.
National
c.
Domestic
d.
None of the above
5.
The world trade organization (WTO) was established on 1st January____________
a.
1996
b.
1995
c.
1997
d.
None of the above
6.
Export documentation is a very important area in ___________ management.
a.
International
b.
Import
Caselet
1
Export
Marketing:
The
trade in black pepper is unhappy that exports may not show a sign of revival in
prices in the
immediate
future. World prices have been showing a downward trend for eighteen months and
this has
resulted
in much lower earnings for exporters. The UK, West Germany and the Netherlands
have cut
their
import requirement though the American demand has shown some growth. Brazil has
been
resorting
to aggressive selling at lower prices and the expectations are that its exports
will reach an alltime
peak
of 32,000 tones in the 1981-82 season. The 1981-82 Indian season is only about
six weeks
away.
The Brazilian offensive has forced India to withdraw so to any from the US and
West European
markets
and increase its reliance on communist buyers. As many as 1980-81.the Soviet
Union alone
accounting
for 12,647 tones. But exporters are concerned at the diversion on such a scale
of this trade.
Questions:
1.
Had you been the pepper exporter, what would be your short term and medium-term
export
marketing
strategy in the above environment?
2.
Could you examine the weak points in this case study?
Caselet
2
SMART
KIDS . SELLING EDUCATIONAL GAMES AND
RESOURCES
TO THE WORLD
Smart
Kids Ltd. An Auckland company that makes educational games and resources to
read and
understand
math.s has won a Trade New Zealand Export Award for its success in
international markets
in
2003.Established eight years ago in the family home basement, Smart Kids is led
by husband and
wife
team, joint chief executives David and Sun Milne and their sons Duncan and
Frase. She Milne, an
ex-teacher,
says from just 30 products when it started, the company produces more than 200
produces
catering
for student.s activities, grammar concepts and numeracy. She says the
international appeal of
Smart
Kids products was highlighted recently, when company.s SMART PHONICS was listed
amongst
the
top five products out of almost 100 in the education trade show in the United
Kingdom. The key
requirement
for every new Smart Kids products is that it stimulates student.s minds in the
classroom,
teaches
them a specific concept easily, enjoyably and permanently and enables problem
solving. David
Milne
says Smart Kids started selling its educational games and resources to New
Zealand schools in
1995,
drawings an immediate and strong response. It quickly became apartment that the
New Zealand
market
was not large enough to sustain considerable investment in product development,
and secondly,
that
their products have done so well that they deserved wider exposure.¡±Our export
research came
down
to two options. Find educational distributors in other countries or set-up our
own operations. The
first
option was less risky and easy to manage but it meant that Smart Kids products
were lost in a wide
range
of materials. So we went for the second option and over the next few years
established offices in
Australia,
in UK and Canada¡±. This has successfully branded Smart Kids as a leading
supplier of
educational
resources in these countries. Mr. Milne says the Smart Kids product catalogue
is now sent
regularly
to teachers in more than 50,000 schools across the UK, Ireland, Canada and
Australia. ¡°We
also
sell to schools in the US. In that market we elected to work through a
distributor, we didn.t have
the
financial resources to set-up an operation that could cover almost 70,000
schools and compete with
every
established educational publisher¡±. He says annual exports now exceed $2.2
million and account
for
more than 90% of turnover. In order to grow the business, surplus profits are
reinvested back into
product
development, infrastructure . the company recently moved its Auckland operation
into new
20,000
square feet premises in Ellerslie. Mr. Milne says the Smart Kids brand is now
well established
internationally
with the company enjoying many competitive advantages, including its New
Zealand
origin.
New Zealand education is highly regarded overseas and we find that
international teachers to get
hold
of educational products made in this country.
Questions:
1.
What are the major considerations for a firm in order to while deciding its
markets entry
strategy?
2.
To what ext
Research Methodology
Section A: Objective Type &
Short Questions (30 Marks)
· This
section consists of Multiple Choice & Short Answer Type questions.
· Answer
all the questions.
· Part
One carries 1 marks each & Part Two carries 5 marks each.
Part One:
Multiple Choices:
1. Research is an art of ____________ investigation.
a. Technological
b. Scientific
c. Political
d. None of the above
2. Exploratory research is flexible and very
___________ research.
a. Variable
b. Visuals
c. Versatile
d. None of the above
3. Frame error, chance error and response error are
collectively called____________
a. Total error
b. Non sampling error
c. Sampling error
d. Universal error
4. Hypothesis testing is sometimes called
____________ analysis.
a. Exploratory data
b. Confirmatory data
c. Experimental data
d. Both a) & b)
5. Execution of the project is a very important step
in the ____________ process.
a. Questions
b. Identification
c. Research
d. None
of the above
Section B: Caselets (40 marks)
· This
section consists of Case lets.
· Answer
all the questions.
· Each
case let carries 20 marks.
· Detailed
information should form the part of your answer (Word limit 150 to 200 words).
Caselet 1
Swastika Computer System was established in 1981 at
Delhi to provide computer training. In 1980s
computer education was relatively new in India.
Personal computers 286 existed and MS DOS was the
operating system. Languages like Basic, Pascal,
COBOL, FORTRAN were used in programming.
Swastika Computer Systems was established with their
support departments namely computer
assembly, faculty training and computer servicing
department. In the first financial year, it recorded a
turnover of Rs 11.5 lakhs. Within a few years of its
existence, Swastik Computer System opened its
branches in eight major cities of India and had a gross
annual turnover of Rs 86 lakhs. The organization
was highly centralized. The head office at Delhi
handled all accounts, recruitment, and placement of
students and servicing of computers. The Bhopal
branch of Swastik Computer Systems was set up in
May 1987. The branch was headed by a dynamic branch
manager Hemant Gupta. He was a BSc in
computers
and had previously worked in the data processing department of a
Questions:
1. What according to you went wrong at the Bhopal
branch?
2. What
can be done to revive the Bhopal branch?
Supply Chain
Management
Section A: Objective Type &
Short Questions (30 Marks)
· This
section consists of Multiple Choice questions& Short Answer type questions.
· Answer
all the questions.
· Part
One questions carry 1 mark each & Part Two questions carry 2 marks each.
Part One:
Multiple Choices:
1. When demand is steady, the cycle inventory for a
given lot size (Q) is given by
a. Q/4
b. Q/8
c. Q/6
d. Q/2
2. There are two firms „x‟ and „y‟ located on a line
of distance demand(0-1) at „a‟ and „b‟
respectively, the customers are uniformly located on
the line, on keeping the fact of splitting of
market, the demand of firm „x‟ will be given by,
a. (a+b)/2
b. a+(1-b-a)/2
c. (1+b-a)/2
d. a+(a-b)/2
3. Push process in supply chain analysis is also
called
a. Speculative process
b. Manufacturing process
c. Supplying process
d. Demand process
4. If the Throughput be „d‟ and the flow time be „t‟
then the Inventory „I‟ is given by
a. I *d=t
b. I=t+d
c. d=I*t
d. I =d*t
5. Forecasting method is
a. Time series
b. causal
c. Qualitative
d. All
the above
Caselet 1
Orion is a global co. That sells copiers. Orion
currently sells 10 variants of a copier, with all inventory
kept in finished-goods form. The primary component
that differentiates the copiers is the printing
subassembly. An idea being discussed is to introduce
commonality in the printing subassembly so
that final assembly can be postponed and inventories
kept in component form. Currently, each copier
costs $1,000 in terms of components. Introducing
commonality in the print subassembly will increase
component cost to$1.025.One of the 10 variants
represents 80 percent of the total demand. Weekly
demand for this variant is normally distributed
,with a mean of 1,000 and a standard deviation of
200.Each of the remaining nine variants has a weekly
demand of 28 with a standard deviation of
20.Orion aims to provide a 95per level of services
.Replacement lead time for components is four
weeks. Copier assembly can be implemented in a
matter of hours. Orion manages all inventories
using a continuous review policy and uses a holding
cost of 20 percent.
1. How much safety inventory of each variant must
Orion keep without component commonality?
What are the annual holding costs?
2. How much safety inventory must be kept in
component form if Orion uses common components
for all variants? What is the annual holding cost?
What is the increase in component cost using
commonality? Is commonality justified across all
variants?
3. At what cost of commonality will complete
commonality be justified?
4. At
what cost of commonality will commonality across the low-volume variants be
justified?
Strategic Management
Section A: Objective Type (30 marks)
· This
section consists of multiple choice questions & Short notes type questions.
· Answer
all the questions.
· Part
one questions carry 1 mark each & Part two questions carry 5 marks each.
Part One:
Multiple choices:
1. A plan of
action designed to achieve a particular goal is:
a. Tactic
b. Strategy
c. Financial
benefits
d. None of the
above
2. It is
important to develop mission statement for:
a. Allocating
organizational resources
b. Provide
useful criteria
c. Company
creed
d. Customer
orientation
3. The five
forces model was developed by :
a. Airbus
b. Karin Larsson
c. Michael E.Porter
d. Boeing
4. How many
elements are involve in developing in an organizational strategy:
a. Six
b. Two
c. Four
d. Nine
5. The three important steps in SW
Case
let 1
National Competitive
Advantage of IKEA Group, a Swedish company founded in 1943 with its
headquarters in Denmark, is a
multinational operator of a chain of stores for home furnishing and
furniture. It is the world’s
largest retailer, which specializes, in stylish but inexpensive Scandinavian
designed furniture. At the
end of 2005 the IKEA Group of Companies had a total of 175 stores in 31
countries. In addition there
are 19 IKEA stores owned and run by franchisees, outside the IKEA store
around the world.
In Sweden, nature and a home
both play a big part in people’s life. In fact one of the best ways to describe
the Swedish home furnishing
style is to describe nature-full of light and fresh air, yet restrained and
unpretentious.
To match up the artist Carl
and Karin Larsson combined classical influences with warmer Swedish folk
styles .They created a model
of Swedish home furnishing design that today enjoys world-wide renown. In
the 1950s the styles of
modernism and functionalism developed at the same time as Sweden established a
society founded on social
equality .The IKEA product range –The IKEA product range- modern but not
trendy, functional yet
attractive, human-centered and child friendly – carries on these various
Swedish
home furnishing traditions.
The IKEA Concept, like lots
founder, was born in Samaland. This is a part of Southern Sweden where the
soil is thin and poor. The
people are famous for working hard, living on small means and using their
heads to make the best
possible use of the limited resources they have. This way of doing things is at
the
heart of the IKEA approach to
keeping prices low.
IKEA was founded when Sweden was fast becoming an example of
Questions
1. Do you
think that IKEA has been successful to utilize Porter’s Five force analysis?
Give
reasons.
2. Where do you think can
IKEA improve?
Enterprise
Resource Planning
Section
A: Objective Type (30 marks)
This section consists of Multiple Choice
questions & Short Answer type questions.
Answer all the questions.
Part One questions carry 1 mark each &
Part Two questions carry 5 marks each.
Part
One:
Multiple
Choices:
1. Enterprise Resource
Planning is
a. Computer System
b. Manufacturing organization
c. Method of effective
planning of all the resources in an organization
d. None of the above
2. Enterprise Resource
Panning vendors are those people
a. Who are experts in
administration and management of projects
b. Who have developed the ERP
packages
c. Who uses the ERP system
d. None of the above
3. Interviewing and cost
justification is tool and technique of
a. Design step of ERP
b. Implementation step of ERP
c. Requirement analysis of
ERP
d. Planning step of ERP
4. Support re-engineering
processes to fit the software systems best practice is approach of
a. Re-engineering approach
b. Customizing approach
c. Rational approach
d. None of the above
5. Process of tracking customer contacts and
Caselet
1
Tech Knowledge is a start-up
founded in 1997 by Robert Thyer. The company is a distributer of
presentation technologies,
including computer based projection systems, video equipment, and
display technologies. The
firm has 25 employees and does $5 million in sales. It is growing rapidly.
The owner, Robert Thyer,
would like to netsource the back-office functions of the firm because the
company does not have an
internal IT capability. The applications to be netsourced would include
sales and distribution,
financial accounting, and inventory management.
TechKnowledge would like to
source SAP or another ERP vendor via a hosting arrangement. It
does not expect to do much
customization, and it does not have any legacy systems.
1. What factors should it use
to evaluate each of these potential hosts?
2. What controls should be in place to monitor the hosting
arrangement?
Management
Information Systems
Section
A: Objective Type (30 marks)
· This section consists of Multiple choice
questions and Short Note type questions.
· Answer all the questions.
· Part one questions carry 1 mark each &
Part two questions carry 5 marks each.
Part
one:
Multiple
choices:
1. Management Information
System is mainly dependent upon:
a. Accounting
b. Information
c. Both ‘a’ and ‘b’
d. None of the above
2. The most important
attribute of information quality that a manager requires is:
a. Presentation
b. Relevance
c. Timeliness
d. None of the above
3. Human Resource Information
Systems are designed to:
a. Produce pay checks and
payrolls reports
b. Maintain personnel records
c. Analyze the use of
personnel in business operations
d. Development of employees
to their full potential
4. Operational Accounting
System include:
a. Inventory control
b. Cost accounting reports
c. Development of financial
budgets and projected financial statements
d. None of the above
Case
let 1
Overview
of our Client’s Strategy
Our client had an online
store. They were spending $15,000 each month on pay per click
advertising. This resulted in
about $225,000 per month in sales. They didn’t know which clicks
were leading to sales because
they didn’t track the clicks. There rankings in the natural listings was
minimal because they hadn’t
done keywords research on what visitors were using to try to find a
site like there’s. They
weren’t able to quantity results because their we statistics program only
showed very general traffic
information. They were also doing an irregular email newsletter even
though they had more than
32,000 e-mails in their database.
Analysis
of the situation
In the natural listings we
suspected they were being penalized by the search enines for duplicate
content. The search engines
frown on this because they feel this is trying to fool them. Google will
often give a site like this
something called “Supplement Results”, which means that the search
engines know the page exists
but doesn’t have any content in their database. We also suspected
their email newsletter was
being blocked by many spam blockers because the names of the products
they sold were often on used
in spam e-mails.
Implementation
of a Solution
For the pay per click
advertising we started tracking the clicks down to the individual terms and the
actual results that came from
them. We were able to delete terms that were not getting enough sales
and increase the bids on ones
that brought sales. For the natural listings we did keywords research
and focused on the main
keywords on the content for the home page and in the META tags. We
also found that visitors search
on product names rather than manufactures, so in the title tag for the
page we switched and put the
product name before the manufacturer. With the newsletter, we used
a good mix of graphics and
content to appease the spam blockers, as well as put the product names
in graphics so they wouldn’t
be blocked. In order to analyze of the site’s traffic, we implemented a
powerful web statistics
program.
Results
of our work
Through our tactics, our
clients were able to move up to #4 on Google for their main search term,
which got a lot of traffic.
With pay per click, they went from $.43. They decrease their budget to
$10,000 per month, yet were
able to increase their traffic by 33 percent. Through our optimization
of their pay per click, their
cost per conversion to sale decreased by at least 45 percent. The
deliverability of their
newsletter increased as well. Within a year, their sales increased to over
$600,000 per month.
Questions:
1. Discuss the client
strategy for the success of store.
2. Suppose if you are the client maker what would you suggest
for the client.
International Financial
Management
Section A: Objective Type (30
marks)
This
section consists of Multiple choice & Short Answer type questions.
Answer
all the questions.
Part
One questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
Multiple choices:
1. Foreign exchange market in India is relatively
very
a. Big
b. Small
c. Medium
d. None of the above
2. Balance of payment is a systematic record of all
_______ during a given period of time.
a. Political transactions
b. Social transactions
c. Economic transactions
d. None of the above
3. Merchandise trade balance, services balance &
balance on unilateral transfer are the part of
________ account
a. Current account
b. Capital account
c. Official account
d. None of the above
4. Interest rate swaps can be explained as an
agreement between _________ parties
a. One
b. Two
c. Three
d. None of the above
5. Capital account convertibility in India evolved
in August
a. 1996
b. 1995
c. 1994
d. None
of the above
Case let 1
Managing Exchange Rate Risk
Mahindra International (India) imported spares of an
engine from a US manufacturer for $ 5,000 per
annum at a price of $ 2.5 per piece. The average
exchange rate during 2001-02 was Rs. 47.70/$. The
Indian company imported the spares also from a
British manufacturer. In fact, it had diversified its
import in view of reducing the risk associated with
the supply. The import from the USA was
competitive in view of the fact the same spares imported
from the UK was slightly costlier. The
American spares cost Rs. 119.25 per piece, while the
British spares cost Rs. 120.00 per piece. In
2002-03, US dollar appreciated to Rs. 48.40 with the
result that the cost of American spares turned
higher than the British spares. In the sequel of the
appreciation of US dollar, the Indian importer cut
its demand from 2,000 pieces to 500 pieces. The loss
to the US exporter was colossal. But at the same
time, the Indian Importer suffered a lot. It had to
pay a higher price for the US spares in terms of
rupee. And also, it had to divert its import from
the USA to the UK insofar as the pound sterling did
not appreciate during this period. All this happened
in the wake of the exchange rate changes.
Questions:
1. Mention the loss borne by the US exporter in the
sequel of appreciation of dollar.
2. What
strategy the Indian importer needs to follow to hedge the exchange rate risk?
Security Analysis and Portfolio
Management
Section A: Objective Type (30
marks)
This
section consists of Multiple choice questions & Short Answer type
questions.
Answer
all the questions.
Part
One questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
Multiple choices:
1. Beta is useful for comparing the relative
_____________ of different stocks.
a. Business risk
b. Systematic risk
c. Liquidity risk
d. Country risk
2. The price prevailing in market is called
a. Market security
b. Market value
c. Market price
d. None of the above
3. Line charts, Bar charts, Candles tic charts are
the parts of
a. Fundamental analysis
b. Technical analysis
c. Company analysis
d. None of the above
4. A market portfolio is a portfolio consisting of a
weighted __________ in the market.
a. Sum of every equity
b. Sum of every liabilities
c. Sum of every assets
d. None of the above
5. The
date on the option contr
Case let 1
TOUAX is a French company and is currently Europe’s
no. 1 in shipping containers and river
barges, and no. 2 in modular building and freight
railcars. The group provides operating leases to
customers around the world, both on its own account
and for third-party investors. On June 24, 2009,
TOUAX announced that its capital increased by
waiving preferential subscription rights but with
priority for existing shareholders, launched on 18
June 2009 for a total of E17, 851,519.76 (gross)
through the issue of 936,596 new shares which were
subscribed in the entirely. Following partial
application of the extension clause, 952,747 shares
were placed or 101.72% of the issue; total
proceeds were E18, 159,357.82.
This rights issue has enabled the Group to
strengthen its financial structure, to position itself with
advantage for possible acquisitions of tangible
stock, and to grasp opportunities thrown up by the
crisis (purchase of shipping containers, modular
buildings, river barges and railcars, for hiring out on
mainly long-term leases). 370,062 new shares
allotted under absolute entitlement were subscribed or
39.51% of the total number of new shares issue.
Another 555,685 shares were applied for subject to
cutting back in the event of over subscription, and
orders for these were all filled. Another 27,000
shares had been applied for by the general public,
and following partial application of the extension
clause it proved possible to fill orders for all of
these.
All the result of the right issue, TOUAX is well
placed to respond to the boom in corporate
outsourcing of non-core assets, and every day
provides over 5,000 customers with quick and flexible
leasing solutions. TOUAX is now listed on Euronext
in Paris – NYSE Euronext Compartment C
(ISIN Code FR0000033003), and features in the SBF
250 Index.
Questions:
1. After analyzing the case, do you
think all the companies that can afford, should opt for right
issue to improve their financial status?
2. What do you analyze as the two
main advantages of the right issue?
International Marketing
Management
Section A: Objective Type (30
marks)
Part One:
Multiple choices:
1. International marketing includes
activities that direct the flow of goods from
a. One country to one country
b. One country to another country
c. One country to multiple country
d. All of the above
2. ETC stands for
a. Expert trading companies
b. Essential trading companies
c. Export trading companies
d. None of the above
3. Till 1950-56 there was no clear
exim policy and no _________ restrictions of any kind
a. Import
b. Export
c. Both a) & b)
d. None of the above
4. Tariffs have been one of the
classical methods of regulating ________ trade
a. International
b. National
c. Domestic
d. None of the above
5. The world trade organization
(WTO) was established on 1st
January
a. 1996
b. 1995
c. 1997
d. None
of the above
Case let 1
Export Marketing:
The trade in black pepper is unhappy that exports
may not show a sign of revival in prices in the
immediate future. World prices have been showing a
downward trend for eighteen months and this
has resulted in much lower earnings for exporters.
The UK, West Germany and the Netherlands have
cut their import requirement though the American
demand has shown some growth. Brazil has been
resorting to aggressive selling at lower prices and
the expectations are that its exports will reach an
all-time peak of 32,000 tones in the 1981-82 season.
The 1981-82 Indian season is only about six
weeks away. The Brazilian offensive has forced India
to withdraw so to any from the US and West
European markets and increase its reliance on
communist buyers. As many as 1980-81.the Soviet
Union alone accounting for 12,647 tones. But
exporters are concerned at the diversion on such a scale
of this trade.
Questions:
1. Had you been the pepper exporter, what would be
your short term and medium-term export
marketing strategy in the above environment?
2. Could
you examine the weak points in this case study?
Research Methodology
Section A: Objective Type (30
marks)
This
section consists of Multiple choice questions & Short Answer type
questions.
Answer
all the questions.
Part
One questions carry 1 marks each & Part Two questions carry 5 marks each.
Part One:
Multiple Choices:
1. Research is an art of _________ investigation
a. Technological
b. Scientific
c. Political
d. None of the above
2. Exploratory research is flexible and very
________ research
a. Variable
b. Visuals
c. Versatile
d. None of the above
3. Frame error, chance error and response error are
collectively called
a. Total error
b. Non sampling error
c. Sampling error
d. Universal error
4. Hypothesis testing is sometimes called _________
analysis
a. Exploratory data
b. Confirmatory data
c. Experimental data
d. Both a) & b)
5. Execution of the project is a very important step
in the ________ process
a. Questions
b. Identification
c. Research
d. None
of the
Case let 1
Swastika Computer System was established in 1981 at
Delhi to provide computer training. In 1980s
computer education was relatively new in India.
Personal computers 286 existed and MS DOS was
the operating system. Languages like Basic, Pascal,
COBOL, FORTRAN were used in programming.
Swastika Computer Systems was established with their
support departments namely computer
assembly, faculty training and computer servicing
department. In the first financial year, it recorded a
turnover of Rs 11.5 lakhs. Within a few years of its
existence, Swastik Computer System opened its
branches in eight major cities of India and had a
gross annual turnover of Rs 86 lakhs. The
organization was highly centralized. The head office
at Delhi handled all accounts, recruitment, and
placement of students and servicing of computers.
The Bhopal branch of Swastik Computer Systems
was set
up in May 1987. The branch was headed by a dynamic branch man
Worried by the number of faculty turnover, the head
office started a practice of recruiting only
those faculties willing to sign a bond of 3 years.
The organization started a practice of taking a deposit
of Rupees 5000 from the joining faculty, which would
be refunded after 3 years. In case the faculty
left before this duration, the deposit stood
forfeited. This policy further reduced the quality of faculty
joining Swastik Computer Systems, Bhopal.
Questions:
1. What according to you went wrong at the Bhopal
branch?
2. What
can be done to revive the Bhopal branch
Retail Management
Section A: Objective Type &
Short Questions (30 Marks)
· This
section consists of Multiple Choice & Short Notes Type Questions.
· Answer
all the questions.
· Part
One carries 2 marks each & Part Two carries 4 marks each.
Part One:
Multiple Choices:
1. The minimum value of Conversion ratio is_________
a. 0
b. 0.5
c. 2
d. 1
2. The law of retail gravitation is also
called__________
a. Huff‟s law.
b. Belly‟s law.
c. Philip Kotler‟s law.
d. Relly‟s law.
3. In Huff‟s probability model of retail store
location, the exponential „alpha‟ denotes,
a. The attractiveness of the store.
b. Power of the store in terms of potential customer
located farthest.
c. It is simply a power over the attractiveness of
the store.
d. None.
4. If the market has low level of retail saturation
then the chances of success in the market is,
a. Higher.
b. Lower.
c. Unpredictable.
d. Extremely lower
5. If the original price be „a‟ and the reduce price
be „b‟ then the mark down % in Pricing techniques
is given by,
a. (a - b)/a.
b. (a – b)/b.
c. (b – a)/a.
d. (b –
a)/b.
Retail Management
Shane Flynn graduated from UCD with a
Bachelor of Arts in 1994 and has worked in the retail sector
ever since. Although he has always
entertained the idea of postgraduate studies, after four years in
university Shane was ready to get out
and start earning some money in the „real world‟.
While working as retail business manager
for Statoil Ireland in 2005, Shane learned about the part-time
MBS in Retail Management in DIT Aungier
Street, and decided the time was right for a return to
college. „It was very hard, but I‟m glad
I had commercial experience before I undertook this, I don‟t
know if I would have managed it straight
after the BA degree,‟ he says.
His management were completely in
agreement and Shane received full support, with regard to both
fees and time-off, during his two-year
studies. The MBS in Retail Management required that Shane
attend lectures every Tuesday afternoon
from 2pm, and also spend a week „on-campus‟ attending
lectures and producing papers on three
or four occasions. Topaz Energy Group acquired both Statoil‟s
and Shell‟s Irish operations while
Shane was in college, and he is now retail manager of every Statoil
and Shell branded filling station in
Ireland. Thankfully, Topaz was more than willing to continue
supporting Shane‟s educational
efforts.
In response to a query on how his
course work could be applied to real-life work situations, Shane
mentions his dissertation topic that
examined whether a lean management strategy can give a
competitive advantage to a forecourt
operator. „Very specifically that helped me, but in all the classes I
learned something that I‟ve been able
to apply successfully to work, be it human resource management,
supply chain, or whatever.‟
1.
Did the fact that Shane was working and could think of real-world applications for what
he was
Human Resource Management
Subject Code-B102
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of Multiple Choice and Short Answer type questions.
· Answer
all the questions.
· Objective
Question carries 1 mark each &Short Question carries 5 marks each.
Part One
Multiple Choices:
1. It is a cultural attitude marked by the tendency
to regard one’s own culture as superior to others
a. Geocentrism
b. Polycentrism
c. Ethnocentrism
d. Egocentrism
2. It is the systemic study of job requirements
& those factors that influence the performance of
those job requirements
a. Job analysis
b. Job rotation
c. Job circulation
d. Job description
3. This Act provides an assistance for minimum
statutory wages for scheduled employment
a. Payment of Wages Act, 1936
b. Minimum Wages Act, 1948
c. Factories Act, 1948
d. Payment of Gratuity act, 1972
4. __________ is the actual posting of an employee
to a specific job
a. Induction
b. Placement
c. Attrition
d. None
5. Broadening an individual’s knowledge, skills
& abilities for future responsibilities is known as
a. Training
b. Development
c. Education
d.
Mentoring
Caselet 1
Uptron Electronics Limited, is a
pioneering and internationally reputed firm in the electronics
industry. It is one of the largest firm
in the country. It attracted employees from internationallyreputed
institute and industries by offering
high salaries, perks, etc. It has advertized for the position
of an electronic engineer recently.
Nearly 150 candidates applied for the jobMr. Sashidhar, an
electronics Engineering Graduate from
the Indian Institute Of Technology with 5 years working
experience in a medium sized electronics
firm, was selected from among the 130 candidates who took
tests and interview. The interview board
recommended an enhancement in his salary by Rs 5,000
more than his present salary at his
request. Mr Sashidhar was very happy to achieve this and he was
congratulated by a number of people
including his previous employer for his brilliant interview
performance, and wished him good luck.
Mr Sashidhar joined Uptyron Electronics
Ltd., on 21st January, 2002, with greater enthusiasm. He
also found his job to be quite
comfortable and a challenging one and he felt it was prestigious to work
with this company during the formative
years of his career. He found his superiors as well as
subordinates to be friendly and
cooperative. But this climate did not live long. After one year of his
service, he slowly learnt about a number
of unpleasant stories about the company, management, the
superior subordinate relations, rate of
employee turnover, especially at higher level But he decided to
stay on as he has promised several
things to the management in the interview. He wanted to please
and change the attitude of management
through his diligent performance, firm commitment and
dedication. He started maximizing his
contributions and the management got the impression that Mr.
Sashidhar had settled down and will
remain in the company.
After some time, the superiors started
riding rough- shod over Mr Sashidhar. He was overloaded with
multifarious jobs. His freedom in
deciding and executing was cut down. He was ill treated on a
number of occasions before his
subordinates. His colleagues also started assigning their
responsibilities to Mr Sashidhar.
Consequently there were imbalances in his family life and
organizational life. But he seemed to be
calm and contented. Management felt that Mr Sashidhar had
the potential to bear with many more
organizational responsibilities.
So the general manager was quite
surprised to see the resignation letter of Mr Sashidhar along with a
cheque equivalent to a month’s salary
one fine morning on 18th January, 2004. The General Manager
failed to convince Mr Sashidhar to withdraw
his resignation. The General Manager relieved him on
25th January, 2004. The
General Manager wanted to appoint a committee to go into the matter
immediately, but dropped the idea later.
Questions:
1. What is wrong with the recruitment
policy of the company?
2. Why did Mr. Sashidhar’s resignation surprise the General
Manager?
Marketing Management
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of multiple choices & short answer type questions.
· Answer
all the questions.
· Part
One carries I mark each & Part II carries 5 marks each.
Part One
Multiple Choices:
1. It is a concept where goods are produced without
taking into consideration the choices or tastes of
customers.
a. Marketing mix
b. Production concept
c. Marketing concept
d. Relationship marketing
2. It involves individuals who buys products or
services for personal use and not for manufacture or
resale.
a. Environment analysis
b. Macro environment
c. Micro environment
d. Consumer
3. It is the groups of people who interact formally
or informally influencing each other‟s attitudes&
behavior.
a. Consumer behavior
b. Culture
c. Reference groups
d. Primary groups
4. The concept of the product that passes through
various changes in its total life known as:
a. Product life cycle
b. Line stretching
c. Consumer adoption
d. Product
5. It
refers to unique
Caselet 1
Ask the company top brass what „almost there‟ means.
The answer: a premier Indian retail company
that has come to be known as a specialty chain of
apparel and accessories. With 52 product categories
under one roof, Shoppers‟ Stop has a line-up of 350
brands. Set up and headed by former Corona
employee, B. S. Nagesh, Shoppers‟ Stop is India‟s
answer to Selfridges and Printemps. As it proudly
announces, „We don‟t sell, we help you buy.‟ Back in
1991, there was the question of what to retail.
Should it be a supermarket or a departmental store?
Even an electronics store was considered. Finally,
common sense and understanding won out. The safest
bet, for the all-male team was to retail men‟s
wear. They knew the male psyche and felt that they
had discerning taste in men‟s clothing. The
concept would be that of a lifestyle store in a
luxurious space, which would make for a great shopping
experience. The first Shoppers‟ Stop store took
shape in Andheri, Mumbai, in October 1991, with an
investment of nearly Rs. 20 lakh. The original
concept that formed the basis of a successful marketing
campaign for seven years is here to stay. And the
result is an annual turnover of Rs. 160 crores and
five stores, nine years later. Everything went right
from the beginning, except for one strange
happening. More than 60 per cent of the customers
who walked into Shoppers‟ Stop in Mumbai were
women. This gave rise to ideas. Soon, the store set
up its women‟s section. Later, it expanded to
include children‟s wear and then, household
accessories. The second store in Bangalore came in
1995. The store at Hyderabad followed in 1998 with
the largest area of 60,000 sq. ft. The New Delhi
and Jaipur stores were inaugurated in 1999. All this
while, the product range kept increasing to suit
customer needs. The most recent experiment was home
furnishings. Secure in the knowledge that
organized retailing in global brands was still in
its infancy in India, Shoppers‟ Stop laid the ground
rules which the competition followed. The biggest
advantage for Shoppers‟ Stop is that it knows how
the Indian consumer thinks and feels while shopping.
Yes, feeling – for in India, shopping remains an
outing. And how does it compare itself to foreign
stores? While it is not modeled on any one foreign
retailer,
the „basic construct‟ is taken from the experience of a number of successfully
managed retail
Questions:
1. What are the significant factors that have led to
the success of Shoppers‟ Stop?
2. How
should Shoppers‟ Stop develop its demand forecasts?
Organizational Behaviour
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of Multiple Choice and short notes type questions
· Answer
all the questions.
· Part
one carries 1 mark each and part two carries 5 marks each.
Part A:-
Multiple Choices:-
1. Which of the following is not comes under
Maslow‟s needs theory?
1. Social needs
2. Affiliation needs
3. Physiological needs
4. Specification needs
2. Collegial model is an extension of:
a. Supportive model
b. Autocratic model
c. Custodial model
d. None of the above
3. Sigmund Freud‟s theory on personality is:
a. Related with moral values
b. Related with sexual values
c. Related with social values
d. Related with parental values
4. A person who moves fast, talk rapidly, usually
impatient, measures success by quantity is a person
of:
a. Class A personality type
b. Class B personality type
c. Class C personality type
d. Class AB personality type
5. According to Maslow‟s need hierarchy theory
esteem need comes at__________ position from
bottom:
a. 2nd
b. 3rd
c. 4th
d.
Caselet 1
M/s. ABC Ltd is a medium-sized engineering company
producing a large-range of product lines
according to customer requirements. It has earned a
good reputation as a quick and reliable supplier to
its customers because of which its volume of
business kept on increasing. However, over the past one
year, the Managing Director of the company has been
receiving customer complaints due to delays in
dispatch of products and at times the company has to
pay substantial penalty for not meeting the
schedule in time. The Managing Director convened an
urgent meeting of various functional managers
to discuss the issue. The marketing manager
questioned the arbitrary manner of giving priority to
products in manufacturing line, causing delays in
wanted products and over-stocking of products
which are not required immediately. Production
Control Manager complained that he does not have
adequate staff to plan and control the production
function; and whatever little planning he does, is
generally overlooked by shop floor manager. Shop
floor managers complained of unrealistic
planning, excessive machine breakdowns, power
failure, and shortage of materials for scheduled
products because of which it is impossible to stick
to the schedule. Maintenance manager says that he
does not get important spares required for equipment
maintenance because of which he cannot repair
machines at a faster rate. Inventory control manager
says that on one hand the company often accuses
him of carrying too much stock and on other hand
people are grumbling over shortages. Fed up by
mutual mud-slinging, the Managing Director decided
to appoint you, a bright management consultant
with training in business management to suggest ways
and means to put his “house in order”.
Questions:-
1. What would you suggest to avoid delays in
dispatch of products?
2. What
action should be taken by various functional managers to meet the scheduled
dates?
Principles and Practices of
Management
Subject Code-B101
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of multiples choice and short notes type questions
· Part
one carries 1 mark each & part two carries 5 marks each.
· Attempt
all questions
Part One
Multiple Choices:
1. A plan is a trap laid to capture the ________
a. Future
b. Past
c. Policy
d. Procedure
2. Which of the following is the function for
employing suitable person for the enterprise?
a. Organizing
b. Staffing
c. Directing
d. Controlling
3. ___________ means “ group of activities &
employees into departments”:
a. Orientation
b. Standardization
c. Process
d. Departmentation
4. This theory states that authority is the power
that is accepted by others:
a. Acceptance theory
b. Competence theory
c. Formal authority theory
d. Informal authority theory
5. Which of the following means dispersal of
decision-making power to the lower levels of the
organization?
a. Decentralization
b. Centralization
c. Dispersion
d.
Delegation
Caselet 1
Mr. Vincent, the Manager of a large supermarket, was
taking a management course in the evening
programme at the local college. The Professor had
given an interesting but disturbing lecture the
previous night on the various approaches to
management. Vincent had always thought that
management involved just planning, organizing and
controlling. Now this Professor was saying that
management could also be thought of as quantitative
models, systems theory and analysis, and even
something called contingency relationships. Vincent
had always considered himself a good manager,
and his record with the supermarket chain had proved
it. He thought of himself, “I have never used
operations research models, thought of my store as
an open system, or developed or utilized any
contingency relationship. By doing a little planning
ahead, organizing the store, and making some
things got done, I have been a successful manager.
That other stuff just does not make sense. All the
professor was trying to do was complicate things. I
guess I will have to know it for the test, but I am
sticking with my old plan, organize and control
approach to managing my store.”
Questions:
1. Critically analyze Mr. Vincent‟s reasoning.
2. If you were the professor and you knew what was
going through Vincent‟s mind, what would you say
to
Vincent?
Project Management
Subject Code-C101
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of Multiple Choice questions & short questions.
· Answer
all the questions.
· Part
one questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
Multiple Choices:
1. A
________________ is a temporary endeavor undertaken to create a unique product,
service, or result.
a) Program
b) Process
c) Project
d) Portfolio
2. Which
of the following is not a potential advantage of using good project management?
a) Shorter development times
b) Higher worker morale
c) Lower cost of capital
d) Higher profit margins
3. Which of the following is not an attribute of a
project?
a) Projects are unique
b) Projects are developed using progressive
elaboration
c) Projects have a primary customer or sponsor
d) Projects involve little uncertainty
4. Which of the following is not part of the triple
constraint of project management?
a) Meeting scope goals
b) Meeting time goals
c) Meeting communications goals
d) Meeting cost goals
5. The first stage of any project isa)
Proposal
b) Conceptualization
c) Implementation
d) Management
6.
__________________
Caselet 1
PRINCE2 has many excellent ideas for project
management, but I think its approach to quality is at best
weak and at worst entirely inappropriate. My first
grip is that PRINCE2 redefines what the word quality
usually means. My dictionary defines it as “Degree
or standard of excellence, especially a high standard.”
If I have bought myself a quality car, I have
probably purchased something like a Mercedes or Rolls
Royce. PRINCE2‟s definition is something that is
“fit for purpose” of satisfying stated needs. So for
example, according to PRINCE2, my land rover is a
quality product, it‟s not luxurious but, as a keen skier,
I can use it to haul equipment to the Alps each
year. This re-definition of the word quality often confuses
people before they even look at the detail.
At the beginning of a PRINCE2 project, you agree
with the customer a set of measurable attributes about
the products you will build. These are called
acceptance criteria. Later, when you deliver the products, the
client will only sign them off it they conform to
these criteria. This assumes the client knows what they
want. They often don‟t. When Henry ford was
designing the model T car, he was asked why he didn‟t
consult with potential users, he replied, “if I had
asked people what they wanted, they would have said
faster horses”
User‟ not knowing what they want is often a problem
in ground breaking projects. People in the early
19900s knew they wanted to get places faster, but
their idea on how to achieve this was limited by their
own experience. Another example is the project to
create the iPhone. Steve jobs did not consult with the
potential users. Instead he went through many
iterations of building prototypes, playing with them,
decoding what worked and what did not until he ended
up with the final design‟s
So this idea in PRINCE2‟s quality theme, that you
can simple ask a group of potential users at the outset,
to specify what products they want, does not always
work. PRINCE2 defines a project as a piece of work
that is unique. The more unique and ground breaking
it is, the more difficult it becomes to define exactly
what is required at the end. Project work is a
creative process. Sometimes it takes trial and error and a
certain amount of vision to create something the end
users will eventually be satisfied with.
As I said at the outset, PRINCE2 has many useful
ideas. But the quality theme should be used with
caution. In groundbreaking projects, they can hinder
the creation of products the client is going to be
satisfied with.
Questions:
1.
What
is the major problem in ground breaking projects?
Managing Hotel Operations
Section A: Objective Type &
Short Questions (30 Marks)
· This
section consists of Multiple Choice and Short Note type Questions.
· Answer
all the questions.
· Part
one carries 1 mark each and Part two carries 5 marks each.
Part One:
Multiple Choices:
1. Housekeeping is the responsibility of:
a. Hotel manager
b. Reservation manager
c. Rooms manager
d. Executive assistant manager
2. Which of the following is not the method of
minimizing the overbooking problem:
a. Increasing restrictive policy
b. Third party guaranty
c. Threat of legislation
d. Advance- deposit reservation
3. Which of the following is the channel of the
traditional reservation:
a. The changing role of travel agent
b. In-house reservation
c. Central reservation center
d. All of these
4. The real component of “TQM” is?
a. Bedding
b. Cleanliness
c. Noise ,temperature and darkness
d. All of the above
5. Arrange the following into hotel organizational structure:
i. The room manager
ii. The general manager
iii. The hotel manager
iv.
Manager of guest services.
HOTEL MANAGEMENT SYSTEMS
Service industry always has to have a sharp and keen
focus on customer‟s requirements, needs and
expectations. With the hotel, hospitality and
tourism industry, the expectations are much more. These
are the sectors that have possibly the highest
amount of customer interaction within the service sectors
and are most impacted by customer experience from
step one.We at Softqube have designed an online,
real time hotel management software, Symphony for
the sector keeping in mind their needs and
business requirements. Our aim is to bring to our
clients faster, more responsive, agile, robust yet easy
to use and cost effective software that supports all
their requirements in real time.
A Hotel Management System like ours, gives the most
important information with single click be it the
information about room reservation and availability,
conference or even banquet reservation. As a
business you will have a system which helps hotel to
manage every bit of information.
It is really important that when you visit the
reception, can be provided easily by checking the system
and manage things accordingly.
Our Online hotel management system, Symphony gives
our clients a software that is good in
maintaining all the stats of the hotel. The
statistics include, but are not limited to revenues, occupancies,
room enquiries, availability. The hotel team and
staff can help themselves with these high quality
systems, as folio management helps them to keep all
the information about any of their boarders, their
needs, their complaints, and their precision and so
on.
Question:
1.
What
does this mean for the business of our clients?
Front Office Operations
Section A: Objective Type &
Short Questions (30 Marks)
· This
section consists of Multiple Choice and Short Note type Questions.
· Answer
all the questions.
· Part
one carries 1 mark each and Part two carries 5 marks each.
Part One:
Multiple Choices:
1. To create a professional image and to make guest
comfortable about the staff members is a factor
of______
a. Personal presentation
b. An attentive manner
c. Social skills
d. Use of guest‟s names
2 A small booklet which has the guest‟s name, room
number and room rate is_______
a. Credit card
b. Key card
c. Bedroom book
d. Room status board
3. Clear is a sign of_______
a. Room left
b. Room occupied
c. Room vacant and ready
d. Room vacant but not ready
4. Which of the following is not a part of „Property
Management System‟?
a. General ledger
b. Registration
c. Night audit
d. Computer terminal
5.
Arrange the following as procedure for
Caselet 1
The Benson Hotel, a mid-sized independent property
required new leadership. Mike Schwartz, Vicepresident
of operations, pondered his next move as he reviewed
last month‟s financial statements. The
Benson was an eighty-five-room three-star property
with a full-service restaurant, lounge, banquet and
health club facilities. The rapidly changing
marketplace and new competition from well-established
franchises had made Mike‟s job and the Benson‟s
position more tenuous. Mike decided to commission
a consultant‟s report on the property. He called up
his longtime friend Jim Burke, who had worked for
major chains across the country and was now a
hospitality consultant.
“Jim, how are you old buddy?” Mike asked.
“I am doing very well Mike. This consulting work has
run me off my feet. What can I do for you?”
Jim Asked.
“Well Jim, I need an independent review of the
Benson. We‟re holding our own but these franchise
guys with their management contracts are really
getting aggressive,” Mike said.
“Yes, I know what you mean Mike. I have just
completed a marketing study for a new building across
town. These guys have some great programs. You have
to try and stay ahead of them,” said Jim.
Mike asked, “Do you think you could visit the
property and have some lunch next week? I would like
to start with an employee survey and some site work.
You‟ll be working alongside my general
manager, Sean Waters. Sean‟s been with us for about
two years. Jim, I have some concerns about this
guy and I‟d like to have a fresh set of eyes look at
what‟s going on at the Benson. Okay?”
Jim
hesitated, “Okay Mike. How about next Thursday 10:00 a.m.? I‟ll meet you in the
lobby.”
Jim summed up this section of his report to Mike
like this: “This is a case of employees working well
in spite of the general manager rather than because
of him. The main problem with this situation is
that a reputable company such as the Benson Hotel
cannot support the actions of a general manager
with this type of comportment and still maintain a
workable relationship with its employees. My
opinion at this point is that something has to
change.”
Questions:
1. Do you feel it was necessary for mike to
commission a consultant‟s report on the Benson? Why
or why not? How would you have approached the
situation?
2. Identify and propose solutions for the
supervisory challenges in the kitchen and dining areas of
the „Benson Hotel‟.
Caselet 2
The
Rainbow Golf resort had something
Human Resource Development &
Training
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of Multiple Choices and Short Notes Type Questions.
· Answer
all the questions.
· Part
one carries 1 mark each & Part Two carries 5 marks each.
Part One:
Multiple choices:
1. HRD is the process of helping people to
acquire________
a. Competition
b. Completeness
c. Competencies
d. None of the above
2. Techniques of human resource development are also
called_______
a. HRD Methods
b. HRD Instruments
c. HRD Mechanism
d. All of above
3. In India HRD began only in______
a. 1970s
b. 1980s
c. 1910s
d. 1990s
4. BARS Stand for______
a. Behaviorally Anchored Rating Scale
b. Behaviorally Anchoring Rating Scale
c. Behaviorally Appraisal Rating Scale
d. None of the above
5. Levels of evaluations of Training programme are:
a. 7
b. 6
c. 5
d. 10
6. Performance appraisal in a _________process of
identifying, planning, developing employee
Performance.
a. Multi-Stages
b.
Single-Stages
Introduction to the Organization:
XYZ Company was established 20 years ago, to
manufacture gearbox components for diesel engines.
It employs around 250 people, having a head office,
which employs a wide range of personnel who
are generally well educated and enthusiastic about
their work, and a factory, which employs semiskilled
local people who are generally disinterested in the
products of the company and who have an
instrumental attitude to work, seeing salary as the
only reward.
Brief Description of the Problem:
The performance of the company has not been good and
the records revealed the following facts:
· Wastage
within the factory was costing the company approximately Rs.100,000 a month.
· There
was wide spread differences in individual work standards.
· Processes were non-standardized resulting in repeated
problems.
· Management
made all decisions and cascaded the results down to employees.
· The
top management become concerned about the performance of the factory and they
hired.
Mr. Tanmoy Deb, an OD consultant to study the
problem and suggest specific changes to
relationship and tasks with the following
objectives:
· To
review and improve communication systems.
· To
restructure the organization and to review teamwork and quality practices.
· To
review leadership issues across all levels.
Mr. Tanmoy Deb carried out discussions, interviews
and surveys and made the following
observation:
· There’
and ‘us’ attitude was widely prevalent between head office and factory
personnel.
· Production
personnel lacked technical skills.
· Factory
employees felt alienated from sharing the Company’s success.
· Production
systems were adhoc and defective because of frequent variation in standards
set.
· Many
times raw material was found to be of inferior quality.
· Rigidly
defined job descriptions.
Questions:
1. What in your view are the central
human resource issues involved in this case?
2. What Strategy should Mr. Tanmoy
Deb develop and implement for improving the present system?
Industrial Relations
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of Multiple choices and Short Notes type questions.
· Answer
all the questions.
· Part
one carries 1 mark each & Part Two carries 5 marks each.
Part One:
Multiple choices:
1. Workers participation in
management decision-making is a highly________ concept.
a. Duplex
b. Complex
c. Simplex
d. None of the above
2. The origin of industrial
relations in India can be traced in to the:
a. Second world war
b. First world war
c. Third world war
d. British rule
3. Under the payment of wages act,
1936, no wages period shall exceed for one.
a. Four month
b. Two month
c. One month
d. None of the above
4. Collective bargaining is the
process of bargaining between________
a. employees & employer
b. workers & workers
c. employees & employees
d. None of the above
5. Layoff can also cause a ________
a. Retirement
b. Grievance
c. Conflict
d. None of the above
6. As per payment of bonu
Star
Automobiles Ltd. Pimpary is in the field of manufacturing of two wheelers. They
manufacture and
market
mopeds. These are available in the brand names ‘arrow’ and ‘double arrow’ where
‘arrow’ is
their
traditional product and ‘double arrow’ is the improved version. The company was
started about 20
yrs
ago. Their product ‘arrow’ enjoys a reasonably good reputation and they were
comfortable in the
market.
However, with the entry of the new generation of fuel-efficient mopeds the
company started
loosing
its market. They immediately started developing the improved ‘double arrow’ but
by the time
they
came out with this new model the competitors had already strengthened their
position in the
market.
The arrow model was still acceptable by a segment of the market as it was
cheapest vehicle.
‘Double
arrow’ is new generation vehicle. It was costlier than Jet but its performance
was much
superior.
It is compared favorably with the competitors’ products; however it was yet to
gain a foot hold
in
the market.
The
company had to refurbish the marketing activities in order to get back their
market share. They
employed
young sales engineer to launch a strong sales drive. Mr. Ramesh Tiwari, Btech
and a diploma
holder
in marketing got selected and was put on the job. Mr. Ramesh Tiwari started
well in his new job.
He
was given a territory to contact the prospective customers’ and to book the
orders. The company had
introduced
a new financial assistance scheme. Under this scheme, buyers were given easy
loans. It was
particularly
advantageous for group booking by employees working in an organization. Mr.
Ramesh
Tiwari
was able to contact people in different organization, arrange for group
bookings and facilitate
the
loans. His performance was good in the first year and in the second year of his
service. The
company
had its own system of rewarding those whose performance happened to be good.
They usually
arranged
a paid holiday trip for the good performer along with his wife. Mr. Ramesh
Tiwari was
accordingly
informed by the marketing manager to go to Chennai with his wife on company
expenses.
Mr.
Ramesh Tiwari asked him as to how much it would cost to the company. The
marketing manager
calculated
and told him that it would cost about 8000/-. He quickly asked him whether he
could get that
8000/-
in cash instead of the trip as he had better plans. The marketing manager
countered this saying
that
it might not be possible to doso. It was not the trading of the company,
however he would check
with
the personnel manager. After a couple of days, Mr. Tiwari was informed that it
would not be
possible
to give him a cash reward. Mr. Tiwari grudgingly went for the trip and
returned. On his return,
he
was heard complaining to one of his colleagues his little daughter was also
along with him. The
marketing
manager and the personnel manager thought he was a bit too fusy about the money
and some
of
his colleagues also thought so. During the subsequent days Mr. Ramesh Tiwari’s
performance was
not
all that satisfactory this showed his lukewarm attitude towards his job and the
subordinates.
Questions:
1.
Did the personnel manager handle the issue properly?
2.
What is your recommendation to avoid such situations in future?
Project
Management
Guidelines for paper
Total No. of Questions is 100.
The minimum passing marks is 50%.
Each Question carries 1 mark.
Answer all the Questions.
Multiple
Choices: Total Marks: 100
1. A ________________ is a
temporary endeavor undertaken to create a unique product, service, or
result.
a) Program
b) Process
c) Project
d) Portfolio
2. Which of the following is
not a potential advantage of using good project management?
a) Shorter development times
b) Higher worker morale
c) Lower cost of capital
d) Higher profit margins
3. Which of the following is
not an attribute of a project?
a) Projects are unique
b) Projects are developed
using progressive elaboration
c) Projects have a primary
customer or sponsor
d) Projects involve little
uncertainty
4. Which of the following is
not part of the triple constraint of project management?
a) Meeting scope goals
b) Meeting time goals
c) Meeting communications
goals
d) Meeting cost goals
5. The first stage of any
project is
a) Proposal
b) Conceptualization
c) Implementation
d) Management
Principles and
Practices of Banking
Section A:
Objective Type (30 marks)
· This section
consists of Multiple Choice questions & Short Answer type questions.
· Answer all the
questions.
· Part One
questions carries 1 mark each & Part Two questions carries 4 marks each.
Part One:
Multiple Choices:
1. Frequency of First Tranche
Returns is:
a. Weekly
b. Monthly
c. Monthly/quarterly
d. Monthly/quarterly/half-yearly
2. An order for winding up a
banking company can be issued by:
a. The High Court
b. The RBI
c. The Central Government
d. The Supreme court
3. Who shall be natural guardian
in case of married minor girl?
a. Father
b. Brother in law
c. Father-in-law
d. Husband
4. X a partner in the firm XYZ
Co. wants to open a Bank account in the firm’s name. It will require
signatures of:
a. All partners
b. Any one of the partner
c. Managing partner only
d. Sleeping partner not required
5. Public limited companies
should have minimum shareholders, before Opening Bank account.
a. 11
b. 7
c. 5
d. 15
Caselet 1
There is a lacuna in the present
T-Bill auction system of RBI. The dealers (investors) are subject to
what is called the ‘Winners
Curse’. The value of a T-Bill to a dealer is the price it can fetch in the
secondary market. This is an
unobserved random value, which is likely to be common to all dealers.
It is quite unlike the works of
art which the Sotheby’s would place at an auction. The price of Mona
Lisa, say, to an avid collector
of Da Vinci’s paintings, would be more than what a Picasso collector
would value it. In sharp
contrast, market participants are likely to agree on the price of a T-Bill in
the
secondary market. Now winning an
auction in a discriminatory price method may not be profitable.
For, it would mean that the
winner has overestimated the T-Bill value.
Questions:
1. How does the winner in such an
auction become the loser due to the ‘winner curse’?
2. Explain the role of primary dealers in the money
market.
Financial
Services
Section A:
Objective Type (30 marks)
· This section
consists of Multiple Choices/Fill in the blanks/True-False & Short Answer
type
questions.
· Answer all the
questions.
· Part One
questions carries 1 mark each & Part Two questions carries 5 marks each.
Part One:
Multiple
Choices:
1. NBFS
stands for …………………………………………………………………………
2. ALCO
is a decision making unit responsible for balance sheet planning from risk
return
perspective. (T/F)
3. A contract of ‘Indemnity’ is
one whereby:
a. A person tries to use the
other’s property
b. A person promises to save the
other’s property from loss caused.
c. A person tries to trick the
property of other for some other person.
d. None of the above
4. The transaction between the
lessor and the lessee being a demand sale is called:
a. First sale
b. Second sale
c. Third sale
d. Fourth sale
5. If the net present value of leasing
be ‘a’ and net advantage of leasing be ‘b’ then decision
criterion is given by:
a. a/b
b. a+b
c. b/a
d. a-b
6. Break even lease rental BERL
has NAL value equal to:
a. 1
b. 2
c. 0
d. 0.5
7. The right under w
Caselet 1
Sunlight Industries Ltd manages
its accounts receivables internally by its sales and credit
department. The cost of sales
ledger administration stands at Rs 9 crores annually. It supplies
chemicals to heavy industries.
These chemicals are used as raw material for further use of is directly
sold to industrial units for
consumption. There is good demand for both the types of uses. For the
direct consumers, the company has
a credit policy of 2/10, net 30. Past experience of the company
has been that on average 40 per
cent of the customers avail of the discount while the balance of the
receivables are collected on
average 75 days after the invoice date. Sunlight Industries also has small
dealer networks that sell the
chemicals. Bad debts of the company are currently 1.5 per cent of total
sales.
Sunlight Industries finances its
investment in debtors through a mix of bank credit and own longterm
funds in the ratio of 60:40. The
current cost of bank credit and long-term funds are 12 per cent
and 15 per cent respectively.
There has been a consistent rise
in the sales of the company due to its proactive measures in cost
reduction and maintaining good
relations with dealers and customers. The projected sales for the
next year are Rs 800 crore, up 15
per cent from last year. Gross profiles have been maintained at a
healthy 22 per cent over the
years and are expected to continue in future.
With escalating cost associated with the in-house
management of debtors
with resource and 80 per cent
without resource (iii) Discount charge upfront, without resource 21 per
cent and with resource, 20 per
cent and (iv) Commission upfront, without resource 3.6 per cent and
with resource 1.8 per cent.
The opinion of the Chief
Marketing Manager is that in the context of the factoring arrangement,
his staff would be able to
exclusively focus on sales promotion which would result in additional
sales of Rs 75 crores.
Question:
1. The CFO of Sunlight Industries
seeks your advice as a financial consultant on the alternative
proposals. What advice would you give? Why? Calculations
can be up to one digit only.
Production and Operations
Management MM.100
Subject Code-B107 Section A:
Objective Type & Short Questions (30 marks)
· This
section consists of multiple choice & Short Notes type questions.
· Answer
all the questions.
· Part
one questions carry 1 mark each & Part two questions carry 5 marks each.
Part One:
Multiple choices:
1. Production and Operations Management concerns
itself with the conversion of:
a. Outputs in to inputs
b. Inputs in to outputs
c. Outputs in to outputs
d. None of the above
2. Continuous Production is
a. The last operation to the finished product
b. The first operation to the finished product
c. The mid operation to the finished product
d. None of the above
3. Independent demand is
a. Demand that is controlled by the company
b. Demand that is controlled by the customer
c. Demand that is not controlled by the company
d. All of the above
4. Enterprise Resource Planning (ERP) has been
defined as a
a. Complete Enterprise wide business solution
b. Complete Enterprise narrow business solution
c. a & b
d. None of the above
5. CAD stands for
a. Computer Architecture Design
b. Computer Aided Design
c. Computer Aided Drafting
d. All of the above
6.
Delphi method is the most widely us
Caselet 1
Company Background
The Bronson Insurance Group was originally founded
in 1900 in Auxvasse, Missouri, by James Bronson.
The Bronson Group owns a variety of companies that
underwrite personal and commercial insurance
policies. Annual sales of the Bronson Group are $100
million. In recent years, the company has suffered
operating losses. In 1990, the company was heavily
invested in computer hardware and software. One of
the problems the Bronson Group faced (as well as
many insurance companies) was a conflict between
established manual procedures and the relatively
recent (within the past 20 years) introduction of
computer equipment. This conflict was illustrated by
the fact that much information was captured on
computer but paper files were still kept for
practical and legal reasons.
File Clerks
The file department employed 20 file clerks who
pulled files from stacks, refilled used files, and delivered
files to various departments including commercial
lines, personal lines, and claims. Once a file clerk
received the file. Clerks delivered files to
underwriters on an hourly basis throughout the day. The average
file clerk was paid $8,300 per year. One special
file clerk was used full time to search for requested files
that another file clerk had not been able to find in
the expected place. It was estimated that 40 percent of
the requested files were these “no hit” files
requiring a search. Often these “no hit” files were eventually
found
stacked in the requester‟s office
video disks as a possible solution. A video disk
system was found that would be sufficient for the
companies needs at a cost of about $12 million. It
was estimated that the system would take two years to
install and make compatible with existing
information systems. Another, less attractive was using
microfilm. A microfilm system would require
underwriters to go to a single keyboard to request paper
copies of files. The cost of a microfilm system was
$5 million.
Questions:
1. What do you recommend? Should the company
implement one of the new technologies, if yes,
why?
International Financial
Management
Section A: Objective Type (30
marks)
· This
section consists of Multiple choice & Short Answer type questions.
· Answer
all the questions.
· Part
One questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
Multiple choices:
1. Foreign exchange market in India is relatively
very:
a. Big
b. Small
c. Medium
d. None of the above
2. Balance of payment is a systematic record of all
_______ during a given period of time.
a. Political transactions
b. Social transactions
c. Economic transactions
d. None of the above
3. Merchandise trade balance, services balance &
balance on unilateral transfer are the part of
________ account
a. Current account
b. Capital account
c. Official account
d. None of the above
4. Interest rate swaps can be explained as an
agreement between _________ parties
a. One
b. Two
c. Three
d. None of the above
5. Capital account convertibility in India evolved
in August
a. 1996
b. 1995
c. 1994
d. None
of the above
Managing Exchange Rate Risk
Mahindra International (India) imported spares of an
engine from a US manufacturer for $ 5,000 per
annum at a price of $ 2.5 per piece. The average
exchange rate during 2001-02 was Rs. 47.70/$. The
Indian company imported the spares also from a
British manufacturer. In fact, it had diversified its
import in view of reducing the risk associated with
the supply. The import from the USA was
competitive in view of the fact the same spares
imported from the UK was slightly costlier. The
American spares cost Rs. 119.25 per piece, while the
British spares cost Rs. 120.00 per piece. In
2002-03, US dollar appreciated to Rs. 48.40 with the
result that the cost of American spares turned
higher than the British spares. In the sequel of the
appreciation of US dollar, the Indian importer cut
its demand from 2,000 pieces to 500 pieces. The loss
to the US exporter was colossal. But at the same
time, the Indian Importer suffered a lot. It had to
pay a higher price for the US spares in terms of
rupee. And also, it had to divert its import from
the USA to the UK insofar as the pound sterling did
not appreciate during this period. All this happened
in the wake of the exchange rate changes.
Questions:
1. Mention the loss borne by the US exporter in the
sequel of appreciation of dollar.
2. What
strategy the Indian importer needs to follow to hedge the exchange rate risk?
Security Analysis and Portfolio
Management
Section A: Objective Type (30
marks)
· This
section consists of Multiple choice questions & Short Answer type
questions.
· Answer
all the questions.
· Part
One questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
Multiple choices:
1. Beta is useful for comparing the relative
_____________ of different stocks.
a. Business risk
b. Systematic risk
c. Liquidity risk
d. Country risk
2. The price prevailing in market is called
a. Market security
b. Market value
c. Market price
d. None of the above
3. Line charts, Bar charts, Candles tic charts are
the parts of
a. Fundamental analysis
b. Technical analysis
c. Company analysis
d. None of the above
4. A market portfolio is a portfolio consisting of a
weighted __________ in the market.
a. Sum of every equity
b. Sum of every liabilities
c. Sum of every assets
d. None of the above
5. The date on the option contract is called the
___________
a. Expiration date
b. Date of maturity
c. Both a) & b)
d. None
of the above
Case let 1
TOUAX is a French company and is currently Europe‟s
no. 1 in shipping containers and river
barges, and no. 2 in modular building and freight
railcars. The group provides operating leases to
customers around the world, both on its own account
and for third-party investors. On June 24, 2009,
TOUAX announced that its capital increased by
waiving preferential subscription rights but with
priority for existing shareholders, launched on 18
June 2009 for a total of E17, 851,519.76 (gross)
through the issue of 936,596 new shares which were
subscribed in the entirely. Following partial
application of the extension clause, 952,747 shares
were placed or 101.72% of the issue; total
proceeds were E18, 159,357.82.
This rights issue has enabled the Group to
strengthen its financial structure, to position itself with
advantage for possible acquisitions of tangible
stock, and to grasp opportunities thrown up by the
crisis (purchase of shipping containers, modular
buildings, river barges and railcars, for hiring out on
mainly long-term leases). 370,062 new shares
allotted under absolute entitlement were subscribed or
39.51% of the total number of new shares issue.
Another 555,685 shares were applied for subject to
cutting back in the event of over subscription, and
orders for these were all filled. Another 27,000
shares had been applied for by the general public,
and following partial application of the extension
clause it proved possible to fill orders for all of
these.
All the result of the right issue, TOUAX is well
placed to respond to the boom in corporate
outsourcing of non-core assets, and every day
provides over 5,000 customers with quick and flexible
leasing solutions. TOUAX is now listed on Euronext
in Paris – NYSE Euronext Compartment C
(ISIN Code FR0000033003), and features in the SBF
250 Index.
Questions:
1. After analyzing the case, do you
think all the companies that can afford, should opt for right
issue to improve their financial status?
2.
What
do you analyze as the two main advantages of the right issue?
Section A:
Objective Type (30 marks)
· This section
consists of Multiple Choice questions & Short Answer type questions.
· Answer all the
questions.
· Part One
questions carry 2 marks each & Part Two questions carry 4 marks each.
Part One:
Multiple
Choices:
1. The minimum value of
Conversion ratio is:
a. 0
b. 0.5
c. 2
d. 1
2. The law of retail gravitation
is also called:
a. Huff’s law.
b. Belly’s law.
c. Philip Kotler’s law.
d. Relly’s law.
3. In Huff’s probability model of
retail store location, the exponential ‘alpha’ denotes:
a. The attractiveness of the
store.
b. Power of the store in terms of
potential customer located farthest.
c. It is simply a power over the
attractiveness of the store.
d. None of the above
4. If the market has low level of
retail saturation then the chances of success in the market is:
a. Higher.
b. Lower.
c. Unpredictable.
d. Extremely lower
5. If the original price be ‘a’
and the reduce price be ‘b’ then the mark down % in Pricing techniques
is given by:
a. (a - b)/a.
b. (a – b)/b.
c. (b – a)/a.
d. (b – a)/b.
Caselet 1
The Branded
Jewellery Market in India: An Overview
Brands are built over decades,
more so in high-value markets like gold jewellery .The total jewellery
market in India is around Rs.60,
000 crore, out of which the estimated size of the diamond jewellery
market is Rs.8,000 crore, and
that of branded diamond jewellery is about Rs.600 crore. For a brand to
become firmly established it must
deal with several tangible and intangible factors. It requires focused
advertising, customer confidence,
name-recognition, display and astute salesmanship to compete with
traditional jewellers. Success
hinges upon how a particular brand can differentiate itself from the clutter.
Most important, affordability and
quality are the elements in sustaining a brand. The growth of a
jewellery brand depends on the
confidence it can instill in buyers about the purity of the gold, be it 14, 18,
or 22-carat. It also depends on
the mark-up in price. The cost includes making (labour) charges on top of
value of the material, gold
content and stones including diamonds and precious stones, if used. Besides, a
system of hallmarking for the
purity of metal and identification of the manufacturer and jewellery items is
a need if not an imperative. At
present the branded jewellery business is in its infancy in India,
constituting hardly 10% of the market.
With the market growing annually at the rate of 20-25%, its share
will expand. While domestic
jewellery makers have the advantage of skills which still form a sizeable
component of value, the
confidence factor (in traditional craftsmen) is, however, on the decline. This
gives branded jewellery an edge
over the traditional variety. One handicap branded jewelers face is the
differing tastes of consumers.
Thus, inventories will be high as also the carrying cost. On the other hand,
the convenience of readymade
jewellery is an ace in the brand marketer’s hand. The consumer has no
time to waste on the whims of craftsmen. Earlier,
there was not much of a choice available.
are carrying on a family
tradition in producing 9-carat, 14-carat and 18-carat jewellery. The
objective is not only to provide
off-the-shelf diamond jewellery in a wide array of designs, but also to
offer customers an affordable
range of choices. A trend-setting initiative in the Indian market, Sparkles
became a revolutionary success
and grew to become one of the market leaders in the branded jewellery
segment. Sparkles sells through
28 outlets in seven major Indian cities. With a wide range of designs and
more coming out every month, it
is only a matter of time before it covers more cities and outlets. Besides
these regular outlets, its
web-site sparklesindia.com has been a pioneering effort that has taken branded
jewellery to the newest
communication medium – the Internet. During the past few years Sparkles has
been tracking what its customers
want, and is striving with every new design and product to meet their
expectations. Total satisfaction
and loyalty vindicates their commitment to constantly strive for quality.
Sparkles – from Poddar Jewels,
Mumbai – is the only company to have added an ethnic touch to the usual
collection with nose studs.
Questions:
1. Do you think that an exclusive
brand retail store would work in India? Or a mix of formats for a
brand? Discuss.
2. Will the franchisee route to a
faster roll-out of retail outlets work for these jewellery brands?
What are the pros and cons?
Consumer
Behaviour
Section A:
Objective Type (30 marks)
· This section
consists of Multiple choice questions & Short Answer type questions.
· Answer all the
questions.
· Part One
questions carries 2 marks each & Part Two questions carry 4 marks each.
Part One:
Multiple Choices:
1. The Yellow color is related
with personality links like:
a. Caution, warmth
b. Power, informality
c. Passion, excitement
d. Purity, innocence
2. Consumers having high
ethnocentric value in CETSCALE for foreign made products are likely to
feel that:
a. It is worthy to purchase the
foreign products.
b. It is wrong to purchase
foreign made products.
c. Only foreign made products
should be purchased.
d. They should remain neutral.
3. If the OSL(optimum stimulation
level) score of a person is greater than the lifestyle he/she is
living then he/she likely to:
a. Take rest
b. Appear quite satisfied
c. Seem bored
d. Cannot be predicted.
4. The psychologists who disagree
with the Freud’s theory of personality are usually referred as:
a. Non Freudians
b. Freudians
c. Neo Freudians
Caselet 1
The Indian refrigeration industry
had apparently reached maturity in the eighties. The introduction stage
could be seen in 1962-66; growth,
1967-80; and maturity 1981-88.Between 1989-90 and 1990-91, the
market grew by 12 to 12.35 lakhs
units; in 1992-93 it is estimated to have come down from 12 to 10.39
lakhs pieces. Thus, the decline
seems to have begun. Presently, there are six main competitors in the
refrigerator market in India. The
industry seems to have structure prevailing in monopolistic competition.
The products at present available
in the market are under the brand names of Godrej, Kelvinator, Voltas,
Videocon, BPL and Allwyn. The new
entrants to the market like BPL and Videocon with latest ultra
modern refrigeration technology
have thrown down the gauntlet to the existing leaders like Godrej and
Kelvinator. A study has been
conducted to find out what change have occurred in consumers behavior
due to the emergence of these new
challenges, because, for all one knows; a very tough competition has
recently emerged among the
industrial giants due to which consumer behavior has undergone drastic
change. The main purpose of study
is to see how defectors are affecting consumer behavior. The specific
objectives of this study are
positioning of products and brands, rating of different parameters and their
ranking, consumers’ degree of
satisfaction, estimating ideal capacity and ideal prices. Consumer’s
perception of price and brand,
awareness of different brands and various sources of information to the
consumer. This survey leads to
the conclusion, that most of the people are aware of 165-liter capacity
with awareness of nearly 95%, others are less known
to consumers. The most important parameters
medium-priced. From the dealers’
survey it has been found out that the ideal capacity is 165 liter; and the
ideal price Rs. 7,000-8,000.
Questions:
1. Due to the emergence of new
industrial giants like BPL and Videocon, consumer
behavior has undergone a
sea-change. In what ways?
2. Discuss which will be the most
effective strategy according to you that will make
Consumer brand loyal in the refrigerator industry
International Marketing
Management
Section A: Objective Type (30
marks)
Part One:
Multiple choices:
1. International marketing includes
activities that direct the flow of goods from
a. One country to one country
b. One country to another country
c. One country to multiple country
d. All of the above
2. ETC stands for
a. Expert trading companies
b. Essential trading companies
c. Export trading companies
d. None of the above
3. Till 1950-56 there was no clear
exim policy and no _________ restrictions of any kind
a. Import
b. Export
c. Both a) & b)
d. None of the above
4. Tariffs have been one of the
classical methods of regulating ________ trade
a. International
b. National
c. Domestic
d. None of the above
5. The world trade organization
(WTO) was established on 1st
January
a. 1996
b. 1995
c. 1997
d. None
of the above
Case let 1
Export Marketing:
The trade in black pepper is unhappy that exports
may not show a sign of revival in prices in the
immediate future. World prices have been showing a
downward trend for eighteen months and this
has resulted in much lower earnings for exporters.
The UK, West Germany and the Netherlands have
cut their import requirement though the American
demand has shown some growth. Brazil has been
resorting to aggressive selling at lower prices and
the expectations are that its exports will reach an
all-time peak of 32,000 tones in the 1981-82 season.
The 1981-82 Indian season is only about six
weeks away. The Brazilian offensive has forced India
to withdraw so to any from the US and West
European markets and increase its reliance on
communist buyers. As many as 1980-81.the Soviet
Union alone accounting for 12,647 tones. But
exporters are concerned at the diversion on such a scale
of this trade.
Questions:
1. Had you been the pepper exporter, what would be
your short term and medium-term export
marketing strategy in the above environment?
3.
Could
you examine the weak points in this case study?
Research Methodology
Section A: Objective Type (30
marks)
This
section consists of Multiple choice questions & Short Answer type
questions.
Answer
all the questions.
Part
One questions carry 1 marks each & Part Two questions carry 5 marks each.
Part One:
Multiple Choices:
1. Research is an art of _________ investigation
a. Technological
b. Scientific
c. Political
d. None of the above
2. Exploratory research is flexible and very
________ research
a. Variable
b. Visuals
c. Versatile
d. None of the above
3. Frame error, chance error and response error are
collectively called
a. Total error
b. Non sampling error
c. Sampling error
d. Universal error
4. Hypothesis testing is sometimes called _________
analysis
a. Exploratory data
b. Confirmatory data
c. Experimental data
d. Both a) & b)
5.
Execution of the project is a
Case let 1
Swastika Computer System was established in 1981 at
Delhi to provide computer training. In 1980s
computer education was relatively new in India.
Personal computers 286 existed and MS DOS was
the operating system. Languages like Basic, Pascal,
COBOL, FORTRAN were used in programming.
Swastika Computer Systems was established with their
support departments namely computer
assembly, faculty training and computer servicing
department. In the first financial year, it recorded a
turnover of Rs 11.5 lakhs. Within a few years of its
existence, Swastik Computer System opened its
branches in eight major cities of India and had a
gross annual turnover of Rs 86 lakhs. The
organization was highly centralized. The head office
at Delhi handled all accounts, recruitment, and
placement of students and servicing of computers.
The Bhopal branch of Swastik Computer Systems
was set up in May 1987. The branch was headed by a
dynamic branch manager Hemant Gupta. He
was a BSc in computers and had previously worked in
the data processing department of a
manufacturing concern. To establish the Bhopal
branch, Hemant Gupta realized the need for making
Swastik Computer Systems, Bhopal known to the
younger generation. With this in mind he
introduced some innovative promotional schemes like
offering scholarships to students doing well in
the intelligence tests administered by the branch,
giving personal computers to students to deposit
term fees at their convenience. Hemant Gupta also
ensured that teaching standards were high and
computers
at the branch were well maintained, so a student once enrolled felt that he had
leaving for greener pastures.
Worried by the number of faculty turnover, the head
office started a practice of recruiting only
those faculties willing to sign a bond of 3 years.
The organization started a practice of taking a deposit
of Rupees 5000 from the joining faculty, which would
be refunded after 3 years. In case the faculty
left before this duration, the deposit stood
forfeited. This policy further reduced the quality of faculty
joining Swastik Computer Systems, Bhopal.
Questions:
1. What according to you went wrong at the Bhopal
branch?
2. What
can be done to revive the Bhopal branch?
Sales and Distribution Management
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of Multiple Choices & Short Note type questions.
· Answer
all the questions.
· Part
one carries 1 mark each & Part Two carries 5 marks each.
Part One:
Multiple Choices:
1. Which of the following comes under role of a
salesman?
a. Territory Sales
b. Direct Sales
c. Technical Sales
d. All of the above
2. This method is used by the trainers to present
more information in a short time to a large
number of participants________
a. Lecture
b. Demonstration
c. Group discussion
d. None of the above
3. ________is an emerging form of distribution and
promotion that combines elements of
personal selling and advertising.
a. Direct Mail
b. Direct Marketing
c. Team selling
d. None of the above
4. An exercise that is crucial for every company in
the business of manufacturing and selling its
products is called_______.
a. Retailer
b. Wholesaler
c. Customer
d. None of the above
5. ________involves manufacturer marketing
activities directed at channel intermediaries.
a. Pull Strategy
b. Push Strategy
c. Both (a) & (b)
d. None
of the above
Swish flow Ltd. - Hiring
Salespeople
“Why two out of five salesperson have resigned
within six months of joining the company/” asked
marketing director to the sales manager, Sunil Kumar
of Swish flow Ltd. “I think, there is
something wrong with our staffing process,
“responded Sunil Kumar, without knowing the real reasons
for the turnover of salespeople.
Swish flow Ltd started manufacturing and marketing
consumer durables like fans and water purifiers for
household consumer‟s commercial firms in 1993. The
sales and marketing office was located in Mumbai,
the commercial capital of India. Swish flow was a
newly established company and for its first year of
operations, the company decided to recruit five
salesperson to cover major metros and cities of
Maharashtra. The staffing process included the sales
manager deciding the job qualifications salespersons
based on what he learnt in the MBA programme. The
administration manger was asked to place the
advertisement in the local newspapers. The resumes of
applicants were forwarded to Sunil Kumar, who
screened the same and sent interview calls to about
ten applicants. The interviews were conducted by
Sunil Kumar and the marketing director and the
selected candidates were given the appointment letters.
Some of the candidates had a problem of finding
suitable residence, but the company policy did not
provide any consideration for he3 same. Sunil Kumar
conducted one-week training programme and
generally guided the new salesperson, who reported
to him directly. There was a delay in the receipt of
the fans from the factory, located at Baroda in
Gujarat. During this period of three months, Sunil Kumar
was asked to conduct market surveys and look after
advertising function of the entire group. He asked the
salespersons to collect market information on
various other products like water purifiers, power tillers,
and so on in which the group was interested to
diversify. During this period, two salespersons suddenly
stopped coming to work, after collecting their
salaries of the previous working month.
Questions:
1. What improvements do you suggest in the staffing
process followed by the company?
2. Was
Sunil Kumar right in getting market surveys done by the new salesperson?
Management
of a Sales Force
Section
A: Objective Type & Short Questions (30 marks)
This section consists of Multiple Choices & Short Note type Questions.
Answer all the questions.
Part one carries 1 mark each & Part Two carries 5 marks each.
Part
One:
Multiple
Choices:
1.
____________ is the conscious, systematic process of making decisions about
goods and
activities
that an individual, group, work unit or organization will pursue in the future.
a.
Controlling
b.
Planning
c.
Training
d.
Staffing
2.
Which of the following comes under forecasting steps?
a.
Trends in sales
b.
Past Pattern
c.
Competitive factors
d.
All of the above
3.
SMART Stand for_______
a.
Specific-Measure-Achievable-Realistic-Time-bound
b.
Smart-Measurable-Achievable-Realistic-Time-bound
c.
Specific-Measurable-Achievable-Realistic-Time-bound
d.
None of the above
4.
Which of the following is not comes under relationship selling?
a.
Respond to customer needs
b.
Proactive
c.
Value-based offers
d.
Customer‟s customer
5.
Establishing the resource needed to successful execute the operating plan by
hiring, coaching and
developing
people is known as______
a.
Planning
b.
People Development
c.
Proactive Review
Caselet 1
MAJESTIC PLASTICS COMPANY
Reps Selling Too Many Low-Profit
Products
Over the past several days the top executives in the
Majestic Plastic Company had been conducting their
annual performance review of the company‟s
operations. The company president, Boyd Russell, sat in on
most of these sessions and periodically became quite
involved in some of the departmental reviews. The
sales department was the one currently under
discussion, and Clyde Brion, the general sales manager, was
the focus of attention. Overall, the sales and
profit results were satisfactory, but the executives noted what
they thought was a problem in two Louise Shannon was
the rep, and the other was in Chicago, which was
Henry Sadowski‟s territory.
In each of these territories, the sales reps total
sales volume was satisfactory. The problem was that the
bulk of their sales volume was in low profit
products- that is, products whose gross margin was well
below the company‟s desired average. Then the chief
financial officer, Oliver Twombly, recalled that this
same situation had been brought up at last year‟s
performance review. Clyde Brion realized he was on the
spot with his fellow executives, including the
president.
Top management really did not want to change the
basic compensation plan because, oer the company as
a whole, it apparently had been working okay. And
Brion concurred in this decision. He pointed out that
Shannon ad Sadowski consistently met their total
sales quotas and that each had won a sales contest
designed to stimulate total sales. But their
performance was not balanced. They went way over quota on
low-margin goods. They were not selling a desirable
mix of products, nor were they generating their share
of new accounts. Basically they were getting large
repeat orders from a few established accounts. And
Shannon and Sadowski generally were neglecting the
newer products that were the foundation of the
company‟s future growth.
Brion had been aware of this situation for some
time, but he had never given it the attention it deserved,
partly because the two reps total sales volume was
satisfactory and partly because he had other brushfires
to put out. Now he was convinced that he had better
do something-and do it quickly.
Question:
1. What should Clyde Brion do to remedy the
imbalanced sales performance of Louise Shannon and
Henry
Sadowski?
Business Communication
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of multiple choices and Short Notes type questions.
· Answer
all the questions.
· Part
one questions carry 1 mark each & Part Two questions carry 4 marks each.
Part one:
Multiple choice:
1. __________is an essential function of Business
Organizations:
a. Information
b. Communication
c. Power
d. None of the above
2. Physiological Barriers of listening are:
a. Hearing impairment
b. Physical conditions
c. Prejudices
d. All of the above
3. Which presentation tend to make you speak more
quickly than usual:
a. Electronic
b. Oral
c. Both „a‟ and „b‟
d. None of the above
4. What is the main function of Business
Communication:
a. Sincerity
b. Positive language
c. Persuasion
d. Ethical standard
5. The responsibilities of the office manager in a
firm that produces electronics spares is:
a. Everything in the office runs efficiently
b. Furniture and other equipment in the office is
adequate
c. Processing all the incoming official mail and
responding to some
d. All
of the above
Caselet 1
Mr. and Mrs. Sharma went to Woodlands Apparel to buy
a shirt. Mr. Sharma did not read the
price tag on the piece selected by him. At the
counter, while making the payment he asked for
the price. Rs. 950 was the answer.
Meanwhile, Mrs. Sharma, who was still shopping came
back and joined her husband. She was
glad that he had selected a nice black shirt for
himself. She pointed out that there was a 25%
discount on that item. The counter person nodded in
agreement.
Mr. Sharma was thrilled to hear that “It means the
price of this shirt is just Rs. 712. That‟s
fantastic”, said Mr. Sharma.
He decided to buy one more shirt in blue color.
In no time, he returned with the second shirt and
asked them to be packed. When he received the
cash memo for payment, he was astonished to find
that he had to pay Rs. 1,900 and Rs. 1,424.
Mr. Sharma could hardly reconcile himself to the
fact that the counter person had quoted the
discounted price which was Rs. 950. The original
price printed on the price tag was Rs. 1,266.
Questions
1. What should Mr. Sharma have done to avoid the
misunderstanding?
2.
Discuss the main features involved in this case.
Strategic Management
Section A: Objective
Type & Short Questions (30 marks)
· This section consists
of multiple choice & Short Notes type questions.
· Answer all the
questions.
· Part one questions
carry 1 mark each & Part two questions carry 5 marks each.
Part One:
Multiple choices:
1. A plan of action designed to
achieve a particular goal is:
a. Tactic
b. Strategy
c. Financial benefits
d. None of the above
2. It is important to develop mission
statement for:
a. Allocating organizational resources
b. Provide useful criteria
c. Company creed
d. Customer orientation
3. The five forces model was developed
by :
a. Airbus
b. Karin Larsson
c. Michael E.Porter
d. Boeing
4. How many elements are involve in
developing in an organizational strategy:
a. Six
b. Two
c. Four
d. Nine
5. The three important steps in SWOT
analysis are:
a. Identification, Conclusion,
Translation
b. Opportunities, Threats, Strengths
c. People, Corporate cultures, Labour
d. Power, Role, Task
Caselet 1
National Competitive Advantage of IKEA Group, a
Swedish company founded in 1943 with its
headquarters in Denmark, is a multinational operator
of a chain of stores for home furnishing and
furniture. It is the world‟s largest retailer, which
specializes, in stylish but inexpensive Scandinavian
designed furniture. At the end of 2005 the IKEA
Group of Companies had a total of 175 stores in 31
countries. In addition there are 19 IKEA stores
owned and run by franchisees, outside the IKEA store
around the world.
In Sweden, nature and a home both play a big part in
people‟s life. In fact one of the best ways to describe
the Swedish home furnishing style is to describe
nature-full of light and fresh air, yet restrained and
unpretentious.
To match up the artist Carl and Karin Larsson
combined classical influences with warmer Swedish folk
styles .They created a model of Swedish home
furnishing design that today enjoys world-wide renown. In
the 1950s the styles of modernism and functionalism
developed at the same time as Sweden established a
society founded on social equality .The IKEA product
range –The IKEA product range- modern but not
trendy, functional yet attractive, human-centered
and child friendly – carries on these various Swedish
home furnishing traditions.
The IKEA
Concept, like lots fou
Third, by being coordinated, the range is wide in
function and style at the same time. No matter which
style you prefer, there‟s an armchair that goes with
the bookcase that goes with the new extending table
that goes with the armchair. So their range is wide
in a variety of ways.
Cost Leadership: A wide range with good form and
function is only half the story. Affordability has a part
to play – the largest part. A wide range with good
form and function is only half the story. Affordability
has a part to play- the largest part. And the joy of
being able to own it without having to forsake
everything else. And the customers help, too, by
choosing the furniture, getting it at the warehouse,
transporting it home and assembling it themselves ,
to keep the price low.
Questions
1. Do you think that IKEA has been successful to
utilize Porter‟s Five force analysis? Give
reasons.
2.
Where
do you think can IKEA improve?
International Financial
Management
Section A: Objective Type (30
marks)
· This
section consists of Multiple choice & Short Answer type questions.
· Answer
all the questions.
· Part
One questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
Multiple choices:
1. Foreign exchange market in India is relatively
very:
a. Big
b. Small
c. Medium
d. None of the above
2. Balance of payment is a systematic record of all
_______ during a given period of time.
a. Political transactions
b. Social transactions
c. Economic transactions
d. None of the above
3. Merchandise trade balance, services balance &
balance on unilateral transfer are the part of
________ account
a. Current account
b. Capital account
c. Official account
d. None of the above
4. Interest rate swaps can be explained as an
agreement between _________ parties
a. One
b. Two
c. Three
d. None of the above
5. Capital account convertibility in India evolved
in August
a. 1996
b. 1995
c. 1994
d. None
of the above
Case let 1
Managing Exchange Rate Risk
Mahindra International (India) imported spares of an
engine from a US manufacturer for $ 5,000 per
annum at a price of $ 2.5 per piece. The average
exchange rate during 2001-02 was Rs. 47.70/$. The
Indian company imported the spares also from a
British manufacturer. In fact, it had diversified its
import in view of reducing the risk associated with
the supply. The import from the USA was
competitive in view of the fact the same spares
imported from the UK was slightly costlier. The
American spares cost Rs. 119.25 per piece, while the
British spares cost Rs. 120.00 per piece. In
2002-03, US dollar appreciated to Rs. 48.40 with the
result that the cost of American spares turned
higher than the British spares. In the sequel of the
appreciation of US dollar, the Indian importer cut
its demand from 2,000 pieces to 500 pieces. The loss
to the US exporter was colossal. But at the same
time, the Indian Importer suffered a lot. It had to
pay a higher price for the US spares in terms of
rupee. And also, it had to divert its import from
the USA to the UK insofar as the pound sterling did
not appreciate during this period. All this happened
in the wake of the exchange rate changes.
Questions:
1. Mention the loss borne by the US exporter in the sequel
of appreciation of dollar.
2. What
strategy the Indian importer needs to follow to hedge the exchange rate risk?
Managerial Economics MM.100
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of multiple choices & Short notes type questions.
· Answer
all the questions.
· Part
one carries 1 mark each & Part two carries 5 marks each.
Part one:
Multiple choices:
1. It is a study of economy as a whole.
a. Macroeconomics
b. Microeconomics
c. Recession
d. Inflation
2. A comprehensive formulation which specifies the
factors that influence the demand for the product.
a. Market demand
b. Demand schedule
c. Demand function
d. Income effect
3. It is computed when the data is discrete and
therefore incremental changes is measurable.
a. Substitution effect
b. Arc elasticity
c. Point elasticity
d. Derived demand
4. Goods & services used for final consumption
is called:
a. Demand
b. Consumer goods
c. Producer goods
d. Perishable goods
5. The curve at which satisfaction is equal at each point.
a. Marginal utility
b. Cardinal measure of utility
c. The Indifference Curve
d. Budget line
6. Costs
that are reas
Case let 1
The war on drugs is an expensive battle, as a great
deal of resources go into catching those who buy or
sell illegal drugs on the black market, prosecuting
them in court, and housing them in jail. These costs
seem particularly exorbitant when dealing with the
drug marijuana, as it is widely used, and is likely no
more harmful than currently legal drugs such as
tobacco and alcohol. There's another cost to the war on
drugs, however, which is the revenue lost by
governments who cannot collect taxes on illegal drugs. In a
recent study for the Fraser Institute, Canada,
Economist Stephen T. Easton attempted to calculate how
much tax revenue the government of the country could
gain by legalizing marijuana. The study estimates
that the average price of 0.5 grams (a unit) of
marijuana sold for $8.60 on the street, while its cost of
production was only $1.70. In a free market, a $6.90
profit for a unit of marijuana would not last for
long. Entrepreneurs noticing the great profits to be
made in the marijuana market would start their own
grow operations, increasing the supply of marijuana
on the street, which would cause the street price of
the drug to fall to a level much closer to the cost
of production. Of course, this doesn't happen because
the product is illegal; the prospect of jail time
deters many entrepreneurs and the occasional drug bust
ensures that the supply stays relatively low. We can
consider much of this $6.90 per unit of marijuana
profit a risk-premium for participating in the
underground economy. Unfortunately, this risk premium is
making a lot of criminals, many of whom have ties to
organized crime, very wealthy. Stephen T. Easton
argues that if marijuana was legalized, we could
transfer these excess profits caused by the risk premium
from these grow operations to the government: If we
substitute a tax on marijuana cigarettes equal to the
difference between the local production cost and the
street price people currently pay – that is, transfer
the revenue from the current producers and marketers
(many of whom work with organized crime) to the
government, leaving all other marketing and
transportation issues aside we would have revenue of (say)
$7 per [unit]. If you could collect on every
cigarette and ignore the transportation, marketing, and
advertising costs, this comes to over $2 billion on
Canadian sales and substantially more from an export
tax, and you forego the costs of enforcement and
deploy your policing assets elsewhere. One interesting
thing to note from such a scheme is that the street
price of marijuana stays exactly the same, so the
quantity demanded should remain the same as the
price is unchanged. However, it's quite likely that the
demand for marijuana would change from legalization.
We saw that there was a risk in selling
marijuana, but since drug laws often target both the
buyer and the seller, there is also a risk (albeit
smaller) to the consumer interested in buying
marijuana. Legalization would eliminate this risk, causing
the demand to rise. This is a mixed bag from a
public policy standpoint: Increased marijuana use can
have ill effects on the health of the population but
the increased sales bring in more revenue for the
government. However, if legalized, governments can
control how much marijuana is consumed by
increasing or decreasing the taxes on the product.
There is a limit to this, however, as setting taxes too
high will cause marijuana growers to sell on the
black market to avoid excessive taxation. When
considering legalizing marijuana, there are many
economic, health, and social issues we must analyze.
One economic study will not be the basis of Canada's
public policy decisions, but Easton's research does
conclusively show that there are economic benefits
in the legalization of marijuana. With governments
scrambling to find new sources of revenue to pay for
important social objectives such as health care and
education expect to see the idea raised in
Parliament sooner rather than later.
Questions:
1. Plot the demand schedule and draw the demand
curve for the data given for Marijuana in the case
above.
2. On the basis of the analysis of the case above,
what is your opinion about legalizing marijuana in
Canada?
Telecommunications Essentials
Section A: Objective Type
(30 Marks)
This section consists of
Multiple Choice questions, and short notes.
Answer all the questions.
Part one questions carry 1
mark each & Part Two questions carry 4marks each.
Part One:
Multiple Choices:
1.
This band transmits uplink around the 6GHz range & downlink around the 4GHz
range.
a.
C-Band
b.
Ku-Band
c.
Ka-Band
d. L-Band
2.
On these trunks, traffic flows in both the incoming & outgoing directions.
a.
DOD trunks
b.
DID trunks
c.
Two-way local exchange trunks
d. None
3.
As networks become more digitized, fewer conversions take place, and voice can
be carried at a higher quality over fewer flower bits per second.
a.
PCM
b.
ADPCM
c.
DCSs
d. DLCs
4.
_____________ is a standard for storage & retrieval of moving pictures
& audio on storage media.
a.
MPEG-1
b.
MPEG-2
c.
MPEG-4
d. MPEG-7
5.
It is an open standard for digital video transmission over cable that was
defined by ETSI & ratified in 1994.
a.
DVB-H
b. DVB-T
Caselet 1
“DoCoMo (meaning ‘anywhere’ in
Japanese) is a NTT subsidiary and Japan’s biggest mobile service provider, with
over 31 million subscriber as of June 2000. In February 1999, NTT DoCoMo
launched its i-mode service. Within one year, it had over four million
subscribers, and within another six months it went up to eight million and had
overtaken other Japanese Internet service providers (ISPs) that provide service
to the desktop. DoCoMo’s i-mode is the only network in the world that now
allows subscribers continuous access to the Internet via mobile telephone. The
service lets uses send and receive e-mail, exchange photographs, do online
shopping and banking, obtain financial information, download personalized
ringing melodies for their phones, and navigate among more than 7,000 specially
formatted Web sites.” Additional content such news and games is offered on a subscription
basis in the range of $ 1 to $ 3 per month.
Since i-mode service is used
through cell phones with tiny screens, the types of interaction and graphical
displays expected by World Wide Web users are not possible. I-mode was built
using IP and a subset of HTML. The initial version operated at only 9.6 Kbps,
slower than the 56 Kbps modems that often seem very slow for downloading
Internet graphics. The 9.6 Kbps data rate was initially adequate, however,
because most of the data was text.
I-mode’s pricing model is totally different from
Questions:
1. How does this case
demonstrate the importance of data transmission rates in business? Does it
imply that people in Japan are willing to accept lower data rates than people
in the U.S.?
2. Some people say that the
Internet fosters globalization by providing world wide access to the Web.
Discuss arguments for and against this statement.
Telecom Technologies
Section A: Objective Type
(30 marks)
This section consists of
Multiple Choice questions & short note questions.
Answer all the questions.
Part one questions carry 1
mark each & Part Two questions carry 4 marks each.
Part One:
Multiple Choices:
1.
Which technology is among the early starter in providing VoWiFi solutions for
enterprises with wireless networks?
a.
Symbol Technologies
b.
Vocera Technologies
c.
Spectra link Technologies
d. None
2.
In wireless networks ___________ refers to the measure of the performance for a
system reflecting its transmission quality & service availability.
a.
Internet speeds
b.
Quality of Service (QOS)
c.
Interoperability
d. Line of Sight
3. A
single IP-based core network handling the full range of telecom services.
a.
Power line Communication (PLC)
b.
VOIP
c.
OFCOM
d. Next Generation Networks
4.
Which country has the strong competitive broadband market with a penetration of
16%.
a.
India
b.
USA
c.
Japan
d. China
Recently the FCC has adopted
new rules governing “broadband wireline Internet access services” that remove
regulatory obligations on the local telephone companies, while imposing
regulation on ISPs. The results could have a significant effect on the market
for broadband information services.
In the Broadband ISP Order, the
FCC ruled that, following a one –year transition period, local telephone
companies that provide broadband Internet access over their facilities will no
longer be required to comply with the Computer Rules. As a result, ISPs will no
longer have a legal right to purchase broadband transmission services from the
local telephone companies at regulated tariff rates. The commission asserted
that the Computer Rules are no longer necessary because “ a wide variety of
competitive and potentially competitive providers and offerings- such as cable
broadband transmission, satellite, wireless and power line-are
emerging.”According to Commission the Computer Rules actually harmed ISPs by
decreasing operators’ incentives to invest in broadband infrastructure. The
Commission also noted that this would result in telephone companies being
regulated in the same manner as cable operators, which generally are not
required to provide “open access” to ISPs.
At the same time that the FCC
released the wireline carriers from their historic regulatory obligations, the
agency asserted that the Communications Act gives it right to impose on
currently unregulated ISPs regulatory obligations that “mirror” those
traditionally imposed on telephone companies.
Because of this ISPs that want
to provide a high-speed service rather than purchasing broadband transmission
services from local telephone companies at regulated, tariff rates, will need
to either: negotiate commercial agreements with telephone companies and cable
operators; deploy their own transmission facilities; or be acquired by a
facilities-based operator. Negotiating commercial agreements may be difficult.
Several major telcos are already discussing the possibility of charging premium
prices to ISPs that use their network. The end result is likely to be
significant consolidation in the US information services market. This, in turn,
could lead to higher prices, reduced innovation and less service
diversification.
At the same time, introduction
of new regulation could slow deployment of new services, such as VoIP, which
have generally been treated as unregulated information services. The FCC has
already ruled that “interconnected” VoIP providers must comply with existing
rules-previously applied only to telephone companies-requiring operators to
provide emergency operator services and assistance to law enforcement. Because
the FCC has not adopted a definition of what entities constitute “wire line
broadband Internet access providers,” the FCC could seek to apply these
regulatory requirements to any service provider that offers a suite of
IT/information services that includes the ability to access the Internet over a
broadband wireline connection.
Required:
Comment on the strategy which is adopted by the FCC
“broadband wireline Internet access services” is fruitful or not?
Strategic Cost Management
Section A: Objective
Type (30 Marks)
This section consists of Multiple
Choice questions & short questions.
Answer all the questions.
Part one questions carry 1 mark each
& Part Two questions carry 5 marks each.
Part One:
Multiple Choices:
1. A set of policies, procedures and approaches that helps a firm
attain and retain success for long is termed as-
a) Benchmarking
b) Life cycle costing
c) Target costing
d) Strategy
2. A cost management tool that bring in its focus the activities
performed to produced a product is called-
a) Target costing
b) Life cycle costing
c) ABC
d) Benchmarking
3. Cost incurred to the past that are not relevant to present
decisions are-
a) Fixed cost
b) Sunk cost
c) Opportunity cost
d) Indirect costs
4. In a process costing system, when items are sold, the cost of
the item are moved from-
a) Work-in-progress to finished goods
b) Work-in-progress to Cost of goods sold
c) Cost of goods sold to finished good
d) Finished goods to cost of goods sold
5. Differential costs are sometimes referred to as-
a) Incremental costs
b) Relevant costs
c) Avoidable costs
d) Both a& b
6. Customer service feature
Caselet 1
Vikram Ahuja was hired as assistant cost
controller of chemfert Ltd., a multinational firm that processed chemical for
use in fertilizers. Soon Vikram learned that the nearby residential landfill
was being used to dump toxic wastes. It appeared that some members of management
team were aware of this situation and may have been involved in arranging for
this dumping. uncertain, how he should approach, Vikram is contemplating
several alternatives courses of action , like seeking the advice of the
superior, the controller or anonymously releasing the information in the
national daily or discussing with an outside member of the BOD’s
Questions:
1. Discuss why Vikram has an ethical
responsibility to take some action against the MNC.
2. Which of the alternative courses would
be the most appropriate in the given situation?
Human Resource Development &
Training
Section A: Objective Type (30
marks)
This
section consists of Multiple Choice and Short answer type questions.
Answer
all the questions.
Part
one questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
Multiple choices:
1. HRD is the process of helping
people to acquire
a. Competition
b. Completeness
c. Competencies
d. None of the above
2. Techniques of human resource
development are also called
a. HRD methods
b. HRD instruments
c. HRD mechanism
d. All of the above
3. In India HRD began only in
a. 1970s
b. 1980s
c. 1910s
d. 1990s
4. BARS stands for
a. Behaviourally Anchored Rating
Scale
b. Behaviourally Anchoring Rating
Scale
c. Behaviourally Appraisal Rating
Scale
d. None of the above
5. Levels of evaluations of training
programmes are
a. 7
b. 6
c. 5
d. 10
Case
let 1
Introduction
to the organization:
XYZ
Company was established 20 years ago, to manufacture gearbox components for
diesel
engines.
It employs around 250 people, having a head office, which employs a wide range
of
personnel
who are generally well educated and enthusiastic about their work, and a
factory, which
employs
semi-skilled local people who are generally disinterested in the products of
the company
and
who have an instrumental attitude to work, seeing salary as the only reward.
Brief
Description of the Problem:
The
performance of the Company has not been good and the records revealed the
following facts:
Wastage within the factory was costing the Company approximately Rs. 100,000 a
month.
There was wide spread differences in individual work standards
Processes were non-standardized resulting in repeated problems
Management made all decisions and cascaded the result down to employees
The top management became concerned about the performance of the factory and
they hired Mr.
Tanmoy
Deb, an OD consultant to study the problem and suggest specific changes to
relationships
and tasks with the following objectives:
To review and improve communication systems.
To restructure the organization and to review teamwork and quality practices.
To review leadership issues across all levels.
Mr.Tanmoy
Deb carried out discussions, interviews and surveys and made the following
observations:
There’ and ‘us’ attitude was widely prevalent between head office and factory
personnel
Production personnel lacked technical skills
Factory employees felt alienated from sharing the Company’s success
Production systems were adhoc and defective because of frequent variations in
standards set
Many times raw material was found to be of inferior quality
Rigidly defined job descriptions
Questions:
1.
What in your view are the central human resources issues involved in this case?
2.
What strategy should Mr. Tanmoy Deb develop and implement for improving the
present
system?
Industrial Relations
Section A: Objective Type (30
marks)
This
section consists of True and False & Short Answer type questions.
Answer
all the questions.
Part
One questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
Multiple choices:
1. Workers participation in
management decision-making is a highly________ concept.
a. Duplex
b. Complex
c. Simplex
d. None of the above
2. The origin of industrial
relations in India can be traced in to the
a. Second world war
b. First world war
c. Third world war
d. British rule
3. Under the payment of wages act,
1936, no wages period shall exceed for one .
a. Four month
b. Two month
c. One month
d. None of the above
4. Collective bargaining is the
process of bargaining between
a. employees & employer
b. workers & workers
c. employees & employees
d. None of the above
5. Layoff can also cause a ________
a. Retirement
b. Grievance
c. Conflict
d. None
of the above
Case let 1
Star Automobiles Ltd. Pimpary is in the field of
manufacturing of two wheelers. They manufacture
and market mopeds. These are available in the brand
names ‘arrow’ and ‘double arrow’ where
‘arrow’ is their traditional product and ‘double
arrow’ is the improved version.
The company was started about 20 yrs ago. Their
product ‘arrow’ enjoys a reasonably good
reputation and they were comfortable in the market.
However, with the entry of the new generation
of fuel-efficient mopeds the company started loosing
its market.
They immediately started developing the improved
‘double arrow’ but by the time they came out
with this new model the competitors had already
strengthened their position in the market.
The arrow model was still acceptable by a segment of
the market as it was cheapest vehicle.
‘Double arrow’ is new generation vehicle. It was
costlier than Jet but its performance was much
superior. It is compared favorably with the
competitors’ products; however it was yet to gain a foot
hold in the market.
The company had to refurbish the marketing
activities in order to get back their market share. They
employed young sales engineer to launch a strong
sales drive. Mr. Ramesh Tiwari, Btech and a
diploma holder in marketing got selected and was put
on the job.
Mr.
Ramesh Tiwari started well in his new job. He was given a te
reward. Mr. Tiwari grudgingly went for the trip and
returned. On his return, he was heard
complaining to one of his colleagues his little
daughter was also along with him.
The marketing manager and the personnel manager
thought he was a bit too fusy about the money
and some of his colleagues also thought so. During
the subsequent days Mr. Ramesh Tiwari’s
performance was not all that satisfactory this
showed his lukewarm attitude towards his job and the
subordinates.
Questions:
1. Did the personnel manager handle the issue
properly?
2. What
is your recommendation to avoid such situations in future?
Information
Technology & Management
Section
A: Objective Type (30 marks)
„h
This section consists of multiple choice questions & short notes.
„h
Answer all the questions.
„h
Part One questions carry 1 mark each & Part two questions carry 5 marks
each.
Part
One:
Multiple
Choices:
1.
Computer crime is defined by
a.
AITP
b.
SWAT
c.
Both (a) & (b)
d.
None of the above
2.
Prototyping is sometimes called
a.
ASD
b.
RSD
c.
RAD
d.
None of the above
3.
Virtual reality is also called
a.
Computer-simulated reality
b.
Neurons
c.
Software robots
d.
Telepresence
4.
A trackball is a stationary device related to the
a.
Keyboard
b.
Joystick
c.
Mouse
d.
All of the above
5.
Hand-held microcomputer devices known as
a.
Personal digital assistance
b.
Super computers
c.
Both (a) & (b)
d.
None of the above
6.
KMS stands for
a.
Knowledge memory systems
b.
Knowledge making system
c.
Knowledge management systems
Caselet 1
It began as a trading site for nerds, the newly jobless, home-
It began as a trading site for nerds, the newly jobless,
home-bound housewives, and bored retirees to sell subprime goods: collectibles
and attic trash. But eBay (www.ebay.com) quickly grew into a teeming
marketplace of 30 million, with its own laws and norms, such as a feedback
system in which buyers and sellers rate each other on each transaction. When
that wasn’t quite enough, eBay formed its own police force to patrol the
listings for fraud and kick out offenders. The company even has something akin
to a bank: Its Paypal payment-processing unit allows buyers to make electronic
payments to eBay sellers who can’t afford a merchant credit card account. “eBay
is creating a second, virtual economy,” says W. Brian Arthur, an economist at
think tank Santa Fe Institute. “It’s opening up a whole new medium of
exchange.” eBay’s powerful vortex is drawing diverse products and players into
its profitable economy, driving its sellers into the heart of traditional
retailing, a $2 trillion market. Among eBay’s 12 million daily listings are
products from giants such as Sears Roebuck, Home Depot, Walt Disney, and even
IBM. More than a quarter of the offerings are listed at fixed prices. The
result, says Bernard H. Tenenbaum, president of a retail buyout firm, is
“They‘re coming right for the mainstream of the retail business.” So what
started out as a pure consumer auction market-place is now also becoming a big
time business-to-consumer and even business-to-business bazaar that is earning
record profits for eBay’s stockholders. And as the eBay economy expands, CEO
Meg Whitman and her team may find that managing it could get a lot tougher,
especially because eBay’s millions of passionate and clamorous users demand a
voice in all major decisions. This process is clear in one of eBay’s most
cherished institutions: the voice of the Customer program. Every couple of
months, the executives of eBay bring in as many as a dozen sellers and buyers,
especially its high selling “Power Sellers,” to ask them questions about how
they work and what else eBay needs to do. And at least twice a week
business out of selling on eBay for
other people. From almost none a couple of years ago, these so called Trading
Assistants now number nearly 23,000. This kind of organic growth makes it
exceedingly though to predict how far the eBay economy can go. Whitman
professes not to know. “We don’t actually control this,” she admits. “We are
not building this company by ourselves. We have a unique partner – million of
people.”
1. Why has eBay become such a successful
and diverse online marketplace? Visit the eBay website to help you answer, and
check out their many trading categories, specialty sites, international sites,
and other features.
2. Why do you think eBay has become the
largest online/offline seller of used cars, and the largest online seller of
certain other products, like computers and photographic equipment?
Database Management Systems
Section A: Objective Type (30 marks)
„h This section consists of Multiple Choice and Short answer
type questions.
„h Answer all the questions.
„h Part one questions carry 2 marks each & Part Two
questions carry 5 marks each.
Part One:
Multiple choices:
1. The normal language of database is
a. PHP
b. SQL
c. C++
d. Java
2. DDL, a database system language
a. Creates table
b. Manipulates table
c. Cannot work with table
d. None
3. Symbol for one to one relationship
4. HDBMS stands for
a. Hello DBMS
b. Hierarchical DBMS
c. Hyper DBMS
d. High DBMS
Section B: Long Answers type Questions (40 marks)
This section consists of Long Questions.
Answer all the questions.
Each question carries 15 marks.
Detailed information should form the part of your answer
(Word limit 200 to 250 words).
1. Elaborate the testing of Serializability techniques with
example.
2. Explain the working of lock manager.
3. What is deadlock? How is a deadlock detected? Enumerate
the method for recovery from the deadlock.
4. Explain why a transaction execution should be atomic.
Explain ACID properties, considering the following transaction.
Ti: read (A);
A : = A- 50;
Write (A);
Read (B);
B : = B + 50;
Write (B
1. The HR manager has
decided to raise the salary for all the employees in department number 30 by
0.25. Whenever any such raise is given to the EMPLOYEES, a record for the same
is maintained in the EMP-RAISE table. It includes the employee number, the date
when the raise was given and the actual raise. Write a PL/SQL block to update
the salary of each employee and insert a record in the EMP-RAISE table.
2. Retrieve the
salesman name in ‘New Delhi’ whose efforts have resulted into atleast
International Business Management
Section A: Objective
Type (30 marks)
This section consists of multiple
choice questions and short answer type questions
Answer all the questions.
Part One carries 1 mark each and Part
Two questions carries 5 marks each.
Part One:
Multiple choices:
1. What is the series consideration for strategy implementation?
a. Strategic orientation
b. Location
c. Dimensions
d. Both (a) & (b)
2. The major activity in global marketing is
a. Pricing policies
b. Product lines
c. Market assessment
d. All of the above
3. The third ‘P’ in the international marketing mix is
a. Product
b. Price
c. Promotion
d. Place
4. The European Economic Community was established
a. 1958
b. 1975
c. 1967
d. 1957
5. Environment Protection Act
a. 1986
b. 1967
c. 1990
d. None of the above
6. People’s attitude toward time depend on
a. Language
b. Relationship
c. Culture
THE EU’S LAGGING
COMPETITIVENESS
In a report produced for the European
Commission, published in November 1998, it was argued that the EU lags behind
the USA and Japan on most measures of international competitiveness. Gross
domestic product per capita, sometimes used as an indicator of international
competitiveness at the country level, was 33 per cent lower in the EU as a
whole than in the USA and 13 per cent lower than in Japan. The EU’s poor record
in creating employment was singled out for particular criticism. As this
appeared to apply across the board in most industrial sectors, it suggested
that the EU’s poor performance related to the business environment in general
and, in particular, to the inflexibility of Europe’s labour markets for goods
and services. A shortage of risk capital for advanced technological development
and high cost and inefficiency of Europe’s financial services were also
highlighted by the report. For one reason or another, European industries
generally lag behind in technology industries. If measured by the number of
inventions patented in at least two countries, the USA is well ahead of most
European countries, as well as Japan. Despite these shortcomings, the report’s
authors focus attention on flexible markets, market liberalisation, and the
creation of a competitive business environment rather than on targeted
intervention by the EU or national authorities.
1. Is gross domestic product per capita
a useful indicator of International competitiveness in the EU?
2. Is it fair to point the blame for the
EU’s poor international competitiveness at inflexible labour markets, regulated
goods and services markets, and a general lack of competition? What alternative
explanations might be suggested?
Global Marketing
Management
Section A: Objective
Type (30 marks)
This section consists of Mixed Type
questions & Short Answer type questions.
Answer all the questions.
Part One questions carries 1 mark each
& Part Two questions carries 5 marks each.
Part One:
Multiple Choices:
1. All the ethnocentric orientations are
collectively called…………………………………………………………….
2. Presently number of members countries in OECD are
a. 12
b. 20
c. 24
d. 29
3. If the value be ‘a’ , benefit be ‘b’ and the price be ‘c’ then
relation between the threes is given by
a. a=b/c
b. a=c/b
c. a=b+c
d. none
4. If the confidence limit be ‘t’ standard deviation be ‘b’ and
the error limit be ‘c’ then the sample size will be given by
a. n=t+b/c
b. n=t*b/c
c. n=t*c/b
d. none
5. According to Backer spielvogel and Bates’s global scan the
segment content of Achiever is
a. 26
b. 22
c. 13
d. 18
6. CAT stands for
Caselet 1
Which Company Is
Transnational?
Four senior executives of companies
operating in many countries speaks:
COMPANY A
We are transnational company. We sell
our products in over 80 countries, and we manufacturer in 14 countries. Our
overseas subsidiaries manage our business in their respective countries. They
have complete responsibility for their country operations including strategy
formulation. Most of the key executives in our subsidiaries are host-country
nationals, although we still rely on home-country persons for the CEO and often
the CFO (chief financial officer) slots. Recently, we have divided the world
regions and the United States. Each of the world regions reports to our world
trade organization, which is responsible for all of our business outside United
States.
The overseas companies are responsible
for adapting to the unique market preferences that exist in their country or
region and are quite autonomous. We are proud of our international reach: We
manufacture not only in the United States but also in Europe and the United
Kingdom, Latin America, and Australia.
We have done very well in overseas markets, especially in the
high-income countries with
and Japan serve only in their home
countries. They are very able and valuable executives, but they lack the
necessary perspective of the world required for the top jobs here at
headquarters.
1. Which company is transnational?
2. What are the attributes of a
transnational company?
3. What is the difference between a
domestic, international, multinational, global, and transnational company?
4. At what stage of development is your
company and your line of business today? Where should you be?
Caselet 2
Parker Pen Co. (A)
INTRODUCTION
Principles & Practice of Banking
Section A: Objective
Type (30 marks)
This section consists of Multiple
Choice questions & Short Answer type questions.
Answer all the questions.
Part One questions carries 1 mark each
& Part Two questions carries 4 marks each.
Part One:
Multiple Choices:
1. Frequency of First Tranche Returns is
a. Weekly
b. Monthly
c. Monthly/quarterly
d. Monthly/quarterly/half-yearly
2. An order for winding up a banking company can be issued by
a. The High Court
b. The RBI
c. The Central Government
d. The Supreme court
3. Who shall be natural guardian in case of married minor girl?
a. Father
b. Brother in law
c. Father-in-law
d. Husband
4. X a partner in the firm XYZ Co. wants to open a Bank account in
the firm’s name. It will require signatures of
a. All partners
b. Any one of the partner
c. Managing partner only
d. Sleeping partner not required
5. Public limited companies should have minimum shareholders,
before Opening Bank account.
a. 11
b. 7
c. 5
d. 15
Caselet 1
There
is a lacuna in the present T-Bill auction system of RBI. The dealers
(investors) are subject to what is called the ‘Winners Curse’. The value of a
T-Bill to a dealer is the price it can fetch in the secondary market. This is
an unobserved random value, which is likely to be common to all dealers. It is
quite unlike the works of art which the Sotheby’s would place at an auction.
The price of Mona Lisa, say, to an avid collector of Da Vinci’s paintings,
would be more than what a Picasso collector would value it. In sharp contrast,
market participants are likely to agree on the price of a T-Bill in the
secondary market. Now winning an auction in a discriminatory price method may
not be profitable. For, it would mean that the winner has overestimated the
T-Bill value.
1.
How does the winner in such an auction become the loser due to the ‘winner
curse’?
2.
Explain the role of primary dealers in the money market.
Financial Services
Section A: Objective
Type (30 marks)
This section consists of Multiple
Choice questions & Short Answer type questions.
Answer all the questions.
Part One questions carries 1 mark each
& Part Two questions carries 5 marks each.
Part One:
Multiple Choices:
1.
NBFS
stands for …………………………………………………………………………
2.
ALCO is
a decision making unit responsible for balance sheet planning from risk return
perspective. (T/F)
3. A contract of ‘Indemnity’ is one
whereby
a. A person tries to use the other’s
property
b. A person promises to save the other’s
property from loss caused.
c. A person tries to trick the property
of other for some other person.
d. None
4. The transaction between the lassor
and the lessee being a demand sale is called
a. First sale
b. Second sale
c. Third sale
d. Fourth sale
5. If the net present value of leasing
be ‘a’ and net advantage of leasing be ‘b’ then decision criterion is given by
a. a/b
b. a+b
c. b/a
d. a-b
6. Break even lease rental BERL has NAL
value equal to
a. 1
b. 2
c. 0
d. 0.5
Caselet 1
Sunlight Industries Ltd manages its
accounts receivables internally by its sales and credit department. The cost of
sales ledger administration stands at Rs 9 crore annually. It supplies
chemicals to heavy industries. These chemicals are used as raw material for
further use of are directly sold to industrial units for consumption. There is
good demand for both the types of uses. For the direct consumers, the company
has a credit policy of 2/10, net 30. Past experience of the company has been
that on average 40 per cent of the customers avail of the discount while the
balance of the receivables are collected on average 75 days after the invoice
date. Sunlight Industries also has small dealer networks that sell the
chemicals. Bad debts of the company are currently 1.5 per cent of total sales.
Sunlight Industries finances its
investment in debtors through a mix of bank credit and own long-term funds in
the ratio of 60:40. The current cost of bank credit and long-term funds are 12
per cent and 15 per cent respectively.
There has been a consistent rise in the
sales of the company due to its proactive measures in cost reduction and
maintaining good relations with dealers and customers. The projected sales for
the next year are Rs 800 crore, up 15 per cent from last year. Gross profiles
have been maintained at a healthy 22 per cent over the years and are expected
to continue in future.
With escalating cost associated with the in-house management of
debtors coupled with the need to unburden the management with the task so as to
focus on sales promotion, the CEO of Sunlight
The opinion of the Chief Marketing
Manager is that in the context of the factoring arrangement, his staff would be
able to exclusively focus on sales promotion which would result in additional
sales of Rs 75 crore.
Required The CFO of Sunlight Industries seeks your advice as a financial
consultants on the alternative proposals. What advice would you give? Why?
Calculations can be upto one digit only.
Database Management Systems
Section A: Objective Type & Short Questions (30 Marks)
This section consists of Multiple Choice and Short answer
type questions.
Answer all the questions.
Part one carries 2 marks each & Part Two carries 5
marks each.
Part One:
Multiple choices:
1. A collection of related sets of data items along with necessary
data/ information associated with
it.
a. Data
b. Information
c. Process
d. Database
2. ___________connects computers which are very remotely
placed.
a. Local Area Network
b. Wide Area Network
c. Both (a) & (b)
d. None
3. A column in a table is called__________
a. Field
b. Record
c. Tuple
d. Link
4. DDL stands for ___________
a. Data Definition Language
b. Data Decision Language
c. Database Definition Language
d. None
5. SQL stands for ___________
a. Structured Query Language
b. Statement Query Language
c. Strict Query language
d. None
Caselet 1
Database management system is the complex
software which is aimed at the management of the
information stored in the database
effectively. A high-quality management system helps organize,
manipulate, transform, store, retrieve
and create data professionally. It is important that the whole
information kept in the database could
be accessible, manageable, and easy for manipulation. A
successful DBMS should possess a strict
logical structure, which enables everyone to find the required
data easily. The high-quality management
system gives the opportunity for the user to change the
required information without any harm to
the whole application. Database management systems are
extremely important today, because the
humanity lives in the age of information and the whole
information is kept in databases which
require professional skilful management and flexibility.
Every organization, private and
public, connected with business or not possesses the necessary
information which is essential for its
proper functioning. The information is supposed to be stored in
security and only the employees of an
organization can have access to it. The idea of a good database
management system is to make the work
of an organization easier, faster and of higher quality,
because the easier and the faster the
access to the data is, the faster the work will be. Moreover, if the
information becomes out-of-date, the
experts can modify it and introduce the necessary changes to
make it valid.
1.
What are the roles of a database in present scenario?
Information Technology &
Management
Section A: Objective Type &
Short Questions (30 Marks)
· This section consists of Multiple
Choice & Short Note type questions
· Answer all the questions.
· Part one carries 1 mark each
& Part two carries 5 marks each.
Part One:
Multiple Choices:
1. It means data that have been processed in a form
that is meaningful and useful to the user.
a. Data
b. Information
c. System
d. None of the above
2. BCR stands for____________
a. Bar code reader
b. Basic code reader
c. Business code reader
d. None of the above
3. Which of the following comes under output
devices?
a. Printer
b. Speaker
c. Both (a) & (b)
d. None
4. A trackball is a stationary device related to the_______
a. Keyboard
b. Joystick
c. Mouse
d. All of the above
5. ___________is a volatile memory and everything
disappears if power goes off or is turned off
abruptly in the middle of work.
a. RAM
b. ROM
c. CDROM
d. None of the above
6. IC
stands for____________
Section B: Caselets (40 marks)
· This section consists of
Caselets.
· Answer all the questions.
· Each caselet carries 20 marks.
· Detailed information should form
the part of your answer (Word limit 200 to 250 words).
Caselet 1
END
OF SECTIONA
Examination Paper of Information Technology
3
IIBM Institute of Business Management
It began as a trading site for nerds, the newly
jobless, home-bound housewives, and bored retirees to
sell subprime goods: collectibles and attic trash.
But eBay (www.ebay.com) quickly grew into a
teeming marketplace of 30 million, with its own laws
and norms, such as a feedback system in
which buyers and sellers rate each other on each
transaction. When that wasn‟t quite enough, eBay
formed its own police force to patrol the listings
for fraud and kick out offenders. The company even
has something akin to a bank: Its Paypal
payment-processing unit allows buyers to make electronic
payments to eBay sellers who can‟t afford a merchant
credit card account. “eBay is creating a
second, virtual economy,” says W. Brian Arthur, an
economist at think tank Santa Fe Institute. “It‟s
opening up a whole new medium of exchange.” eBay‟s
powerful vortex is drawing diverse
products and players into its profitable economy,
driving its sellers into the heart of traditional
retailing, a $2 trillion market. Among eBay‟s 12
million daily listings are products from giants such
as Sears Roebuck, Home Depot, Walt Disney, and even
IBM. More than a quarter of the offerings
are listed at fixed prices. The result, says Bernard
H. Tenenbaum, president of a retail buyout firm, is
“They„re coming right for the mainstream of the
retail business.” So what started out as a pure
consumer auction market-place is now also becoming a
big time business-to-consumer and even
business-to-business bazaar that is earning record
profits for eBay‟s stockholders. And as the eBay
economy expands, CEO Meg Whitman and her team may
find that managing it could get a lot
tougher, especially because eBay‟s millions of
passionate and clamorous users demand a voice in all
major decisions. This process is clear in one of
eBay‟s most cherished institutions: the voice of the
Customer program. Every couple of months, the
executives of eBay bring in as many as a dozen
sellers
and buyers, especially its high selling “Power Sellers,” to ask them questions
about how
exceedingly though to predict how far the eBay
economy can go. Whitman professes not to know.
“We don‟t actually control this,” she admits. “We
are not building this company by ourselves. We
have a unique partner – million of people.”
Questions:
1. Why has eBay become such a successful and diverse
online marketplace? Visit the eBay website
to help you answer, and check out their many trading
categories, specialty sites, international
sites, and other features.
2. Why do you think eBay has become the largest
online/offline seller of used cars, and the largest
online
seller of certain other products, like computers and photographic equipment?
Six Sigma Green Belt Professional
Six Sigma
Supply Chain
Management
Section A:
Objective Type (30 marks)
· This section
consists of Multiple Choice questions& Short Answer type questions.
· Answer all the
questions.
· Part One
questions carry 1 mark each & Part Two questions carry 2 marks each.
Part One:
Multiple
Choices:
1. When demand is steady, the
cycle inventory for a given lot size (Q) is given by:
a. Q/4
b. Q/8
c. Q/6
d. Q/2
2. There are two firms ‘x’ and
‘y’ located on a line of distance demand(0-1) at ‘a’ and ‘b’
respectively, the customers are
uniformly located on the line, on keeping the fact of splitting of
market, the demand of firm ‘x’
will be given by:
a. (a+b)/2
b. a+(1-b-a)/2
c. (1+b-a)/2
d. a+(a-b)/2
3. Push process in supply chain
analysis is also called:
a. Speculative process
b. Manufacturing process
c. Supplying process
d. Demand process
4. If the Throughput be ‘d’ and
the flow time be ‘t’ then the Inventory ‘I’ is given by:
a. I *d=t
b. I=t+d
c. d=I*t
d. I =d*t
5. Forecasting method is:
a. Time series
b. causal
c. Qualitative
d. All the above
Caselet 1
Orion is a global co. That sells copiers. Orion currently
sells 10 variants of a copier, with all inventory
kept in finished-goods form. The primary component that
differentiates the copiers is the printing
subassembly. An idea being discussed is to introduce
commonality in the printing subassembly so
that final assembly can be postponed and inventories kept in
component form. Currently, each copier
costs $1,000 in terms of components. Introducing commonality
in the print subassembly will increase
component cost to$1.025.One of the 10 variants represents 80
percent of the total demand. Weekly
demand for this variant is normally distributed ,with a mean
of 1,000 and a standard deviation of
200.Each of the remaining nine variants has a weekly demand
of 28 with a standard deviation of
20.Orion aims to provide a 95per level of services
.Replacement lead time for components is four
weeks. Copier assembly can be implemented in a matter of
hours. Orion manages all inventories
using a continuous review policy and uses a holding cost of
20 percent.
Questions:
1. How much safety inventory of each variant must Orion keep
without component commonality?
What are the annual holding costs?
2. How much safety inventory must be kept in component form
if Orion uses common components
for all variants? What is the annual holding cost? What is
the increase in component cost using
commonality? Is commonality justified across all variants?
3. At what cost of commonality will complete commonality be
justified.
4. At what cost of commonality will commonality across the
low-volume variants be justified.
Statistical
Quality Control
Section A:
Objective Type (30 marks)
· This section
consists of Multiple choice questions & Short Answer type questions.
· Answer all the
questions.
· Part One
questions carry 1 mark each & Part Two questions carry 4 marks each.
Part One:
Multiple
choices:
1. If in a hall there are 18
persons then how many handshakes are possible?
a. 18*18
b. 18*17/2
c. 18*17
d. None of the above
2. If the number of trials be ‘n’
and the probability of occurrence be ‘p’ then the standard deviation
with respect to np, is given by:
a. (np)1/2
b. (np(1-p))1/2
c. (np)1/4
d. (np(1-p))1/4
3. For a biased coin the
probability of occurrence of head is 0.4 ,if the coin is tossed twice then the
probability of occurrence of at
least one head will be:
a. 0.76
b. 0.48
c. 0.64
d. 0.16
4. Factorial of 5 equals:
a. 60
b. 120
c. 24
d. 5
5. Combinatory of (4,2) equals:
a. 12
b. 8
c. 6
d. None of the above
Caselet 1
ADAPTABILITY IN
ACTION: A CASE OF RSL
Rajasthan Synthetics Ltd. (RSL)
was established in the year 1994 at Bhilwara, Rajasthan to
manufacture synthetic yarn with a
licensed capacity of 29,000 spindles. Manish Kumar, a Harvard
Business School graduate, established
RSL with 8% equity participation from Itochu Corporation
Japan to manufacture synthetic
yarn for shirting, a promising business at that time. The demise of the
NTC textile mills was fresh in
the minds of the promoters and therefore, state of the art technology
imported from U.K., Germany,
Japan and France was used in the manufacturing facility. By the time
the company started manufacturing
yarn the competition in shirting yarn had become fierce and the
returns had diminished. The
company incurred losses in the first four years of its operations and the
management was looking for
opportunities to turn things around. The manufacturing plant started
functioning with an installed
capacity of 26,000 spindles, a small unit considering yarnmanufacturing
industry, in the year 1996 to
manufacture synthetic yarn for shirting only. Initially, the
major fabric manufactures of
India such as Raymonds, Donear, Grasim, Amartex, Siyaram, Pantaloon
and Arviva were the main
customers of the company and the total produce of the company was sold
within the domestic market. These
fabric manufactures used to import the premium quality yarn
before RSL started supplying the
yarn to them. The company in the first year of its operations
realized that shirting yarn was
one of the fiercely competitive products and the company with its high
interest liability was unlikely
to earn the desired profits. Also, the company had a narrow product mix
limited to only two more blow room lines were
installed in the first quarter of
market requirements through a
flexible approach, cost cutting in every sphere of operations and team
approach to management had taken
them ahead. However, RSL had become highly dependent on the
volatile export market and if it
was not able to retain the international market it would have to reestablish
itself in the domestic market,
which was not an easy task.
Questions:
1. What marketing strategy should
RSL adopt to remain competitive in the international market?
2. Has the company taken the
right decision to forward integrate and enter into the highly volatile
garment market?
Material
Management
Section
A: Objective Type (30 marks)
This section consists of Multiple choice
questions & Short Answer type questions.
Answer all the questions.
Part One questions carries 1 mark each
& Part Two questions carries 5 marks each.
Part
One:
Multiple
Choices:
1. Season Index =
a. =Period average demand /
deseasonalized
demand
b. =deseasonalized demand /
period
average demand
c. =Period average demand /
average
demand for all periods
d. = average demand for all
periods / period average demand
2. Poke-yoke was first
introduce by
a. Edger Schein of America
b. Lawrence D. Miles of U.S.A
c. Shigeo Shingo of Japan
d. None of the above
3. Utilization is the
consolidation of several units into large units, called
a. Units loads
b. Unit system
c. Unit wait
d. None of the above
4. Mean Absolute Deviation
a. = sum of forecast error /
number of observations
b. = algebraic sum of
forecast errors / number of
observations
c. = sum of absolute
deviations / number of observations
d. None of the above
5. How many variations of
network used
a. One
b. Three
c. Two
d. None of the above
Section
B: Analytical Problems (40 marks)
This section consists of Analytical
Problems.
Answer all the questions.
Each Question carries 10 marks.
Detailed information should form the part
of your answer (Word limit 200 to 250 words).
1. Calculate the available to
promise (ATP) using the following data. There are 100 units on hand.
Week 1 2 3 4 5 6
Customer Orders 70 70 20 40
10
MPS 100 100 100
ATP
2. Given the following data,
can an order for 30 more units delivery in week 5 be accepted? If not,
what do you suggest can be
done?
Week 1 2 3 4
Forecast 80 80 80 70
Customer Orders 100 90 50 40
Projected Available
Balance
140
MPS
3. Given the following
parents and components, construct a product tree. Figures in parentheses
show the quantities per item.
How many Gs are needed to make one A?
Parent A B C E
Component B(2) E(2) G(2) G(4)
C(4) F(1) F(3)
D(4) H(2)
4. An order for 100 of a
product is processed on operations A and operations B. the setup time on A
is 50 minutes, and the run
time per piece is 9 minutes. The setup time on B is 30 minutes, and the
run time is 6 minutes per
piece. It takes 20 minutes to move a lot between A and B. since this is a
rush order, it is given top
priority (president’s edict) and is run as soon as it arrives at either
workstation.
It is decided to overlap the
two operations and to split the lot of 100 into two lots of 60 and 40.
When the first lot is
finished on operation A, it is moved to operation B where it is set up and run.
Meanwhile, operation A
completes the balance of the 100 units (40) and sends the units over to
operation B. These 40 units
should arrive as operation B is completing the first batch of 60; thus,
operation B can continue without interruption until all 100 are
completed
Section
C: Subjective Problems (30 marks)
This section consists of subjective
Problems.
Answer all the questions.
Each question carries 7.5 marks.
Detailed information should form the part
of your answer (Word limit 150 to 200 words).
1. Suppose a manufacturer
makes wagons composed of a box body, a handle assembly, and two
wheel assemblies. Demand for
the wagons is 500 a week. The wheel assembly capacity is 1200
sets a week, the handle
assembly capacity is 450 a week, and final assembly can produce 550
wagons a week.
a. What is the capacity of
the factory?
b. What limits the throughput
of the factory?
c. How many wheel assemblies should
be made each week?
d. What is the utilization of
the wheel assembly operation?
e. What happens if the wheel
assembly utilization is increased to 100?
2. If the annual cost of
goods sold is $12 million and the average inventory is $2.5 million:
a. What is the inventory
turns ratio?
b. What would be the reduction in average inventory if, through
better materials management,
Inventory
Management
Section
A: Objective Type (30 marks)
This section consists of Multiple Choice
questions & Short Answer type questions.
Answer all the questions.
Part One questions carries 1 mark each
& Part Two questions carries 5 marks each.
Part
One:
Multiple
Choices:
1. ……………………. is IT tool used
for automation data capture.
2. Stockout Level is also
called the
a. Red Zone
b. Amber Zone
c. Both (a) & (b)
d. None of the above
3. When classified on the
basis of time period, they are
a. Supply forecast
b. Price forecast
c. Demand forecast
d. None of the above
4. The Delphi Method was
developed by the Rand Corporation in the
a. 1980
b. 1970
c. 1950
d. None of the above
5. The BOM file is also
called the
a. Product Structure File
b. Product Tree
c. Both (a) & (b)
d. None of the above
6. What is the meaning of
“Doller Days”.
a. Making money with in area
b. Management of the value of
inventory and time with in area
c. Inventory control
d. Management of ti
Section
B: Caselets (40 marks)
This section consists of Caselets.
Answer all the questions.
Each caselet carries 20 marks.
Detailed information should form the part of
your answer (Word limit 200 to 250 words).
Caselet
1
M/s Jyoti Textiles, with four
spinning mills, eighteen cloth cutting centres, sixteen processing
departments and more than 200
machine centres has installed an information system.
The operations are characterised
by a nationwide distribution network. The finished goods moves
through 38 branch offices and
312 authorised distributors all of whom maintain some inventory.
Authorized distributors
generate 37% of the orders but account for only 24% of the sales. Most of
the business is done through
the branch offices.
The product line is large;
products are classified into 175 family groups, representing 12000
finished goods. Approximately
1,500 new items enter the product line annually, and a similar
number are discounted.
inventory and 18,400 are made
to order. The newly implemented information system already has
paid off substantially and
refinements continue to increase benefits. In the preceding year, M/s Jyoti
Textiles achieved a 60%
customer service level (i.e. 60% of the orders were delivered according to
original customer request,
with no delays or adjustment of dates). Clerical expenses were 36% of the
sales.
The company felt this was not
good enough and wanted to improve the customer service. The
company therefore is thinking
of a highly integrated system.
1. Keeping in mind the
objectives, do you think the company should go in for a highly
integrated system? Support
your answer with reasons.
2. Discuss
the relevant inventory management strategies for the company.
Strategic Management
Section A: Objective Type (30 marks)
· This
section consists of multiple choice questions & Short notes type questions.
· Answer
all the questions.
· Part
one questions carry 1 mark each & Part two questions carry 5 marks each.
Part One:
Multiple choices:
1. A plan of
action designed to achieve a particular goal is:
a. Tactic
b. Strategy
c. Financial
benefits
d. None of the
above
2. It is
important to develop mission statement for:
a. Allocating
organizational resources
b. Provide
useful criteria
c. Company
creed
d. Customer
orientation
3. The five
forces model was developed by :
a. Airbus
b. Karin Larsson
c. Michael
E.Porter
d. Boeing
4. How many
elements are involve in developing in an organizational strategy:
a. Six
b. Two
c. Four
d. Nine
5. The three
important steps in SWOT analysis are:
a.
Identification, Conclusion, Translation
b.
Opportunities, Threats, Strengths
c. People,
Corporate cultures, Labour
d. Power, Role, Task
Distribution & Logistics
Management
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of Multiple Choice & Short Note type questions.
· Answer
all the questions.
· Part
one carries 1 mark each & Part Two carries 5 marks each.
Part One:
Multiple Choices:
1. It deals with the movement of finished goods from
the last point of production to the point of
consumption.
a. Marketing Channel Management
b. Logistics Management
c. Boundaries
d. Relationships
2. Which conflict is one of the major bottleneck in
the development & maintenance of partnering
channel relationship
a. Channel conflict
b. Management conflict
c. Logistics conflict
d. Distribution conflict
3. The phase of externally integrated business
function era (1990s onwards) is recognized as the era
of
a. Logistics Management
b. Human Resource Management
c. Financial Management
d. Supply Chain Management
4. ___________ may be conducted from time-to-time or
at least once in a year to know about
change in the expectation levels & actual
performance
a. Customer Service Monitoring cell
b. Formal Customer Satisfaction Survey
c. Customer Conference
d. Customer Feedback System
5. The firm‟s incomplete or inaccurate knowledge of
customer‟s service expectations is known as
a. Market Information Gap
b. Service Standards Gap
c. Service Performance Gap
d.
Internal Communication Gap
Caselete 1
Superior Medical Equipment Company supplies
electrical equipment that is used as components in the
assembly of MRI, CAT scanners, PET scanners, and
other medical diagnostic equipment. Superior has
production facilities in Phoenix, Arizona, and
Monterrey, Mexico. Customers for the components are
located in selected locations throughout the United
States and Canada. Currently, a warehouse, that
receives all components from the plants and redistributed
them to customers, i s located at Kansas City,
Kansas. Superior‟s management is concerned about
location of its warehouse since its sales have
declined due to increasing competition and shifting
sales levels among the customers. The lease is
about to expire on the current warehouse, and
management wishes to examine whether it should be
renewed or warehouse space at some other location
should be leased. The warehouse owner has offered
to renew the lease at an attractive rate of $2.75
per sq. ft. per year for the 200,000 sq. ft. facility. It is
estimated that any other location would cost $3.25
per q. ft. for a similar-size warehouse. A new or
renewed lease will be for five years. Moving the
inventory, moving expenses for key personnel, and
other location expenses would result in a one-time
charge of $3, 00,000. Warehouse operating costs are
expected to be similar at any location.
In the most recent year, Superior was able to
achieve sales of nearly $70 million. Transportation costs
from the plants to the Kansa warehouse were
$2,162,535, and from the warehouse to customers were
$4,819,569. One million dollars was paid annually as
warehouse lease expenses. To study the
warehouse location question, data shown in Tables 1
and 2 were collected.
Although transport costs are not usually expressed
on a $/cwt./mile basis, given that the outbound
transportation costs for the most recent year were
$4,819,569, the weighted average distance of the
shipments was 1128 miles, and the annual volume
shipped was 182,100 cwt., the estimated average
outbound rate from a warehouse is $0.0235/cwt./mile.
Table
1 Volume, Rate,
Distance, and Coordinate Data for Shipping f
Questions:
1. Based on information for the current years, is
Kansas City the best location for a warehouse? If
not, what are the coordinates for a better
location>? What cost improvement can be expected
from the new location?
2. If by year 5 increases are expected of 25 percent
in warehouse outbound transport rates and 15
percent in warehouse inbound rates, would your
decision change about the warehouse
location?
Business Logistics
Section A: Objective Type &
Short Questions (30 marks)
· This
section consists of Multiple Choice & Short Note type questions.
· Answer
all the questions.
· Part
one carries 1 mark each & Part Two carries 5 marks each.
Part One:
Multiple Choices:
1. This decision involves mode of selection,
shipment size, routing & scheduling.
a. Inventory decision
b. Transport decision
c. Distribution decision
d. Facility location decision
2. This refers to the activities of gathering the
information needed about the products & services
desired & formally requesting the products to be
purchased.
a. Order preparation
b. Order transmittal
c. Observation
d. Order entry
3. A very valuable function for the TMS is to
suggest the patterns for consolidating small shipments
into larger ones.
a. Mode selection
b. Routing
c. Scheduling
d. Freight Consolidation
4. This refers to transporting truck trailers on
railroad flatcars, usually over longer distances than
trucks normally haul.
a. Water
b. Pipeline
c. Roadways
d. Trailers on Flatcars
5. An operating philosophy that is an alternative to
the use of inventories for meeting the goal of
having the right goods at the right place at the
right time.
a. Just-in-time
b. Kanban
c. MRP
Mechanies
Caselete 1
World is a worldwide refiners and distributor of
fuel products for a automobiles, aircrafts, trucks, and
marine operations, services stations, and bulk
facilities as outlets. Keeping more than 1,000 such
outlets supplied is a significant operating problem
for the company. Maintaining adequate fuel levels
at the auto service stations is its major concern,
because fuel generates the most revenue for the firm
and has the greatest demand for customer service.
Being able to forecast usage rates by product at
these service stations is one of the key elements of
goods distribution operations. In particular, the
tanker truck dispatchers need an accurate forecast
of fuel usage in order to schedule fuel deliveries at
service stations to avoid stock outs.
SERVICE STATION OPERATION
Service stations may carry three or four different
grades of fuel including 87, 89, and 92 octane
gasoline and diesel fuels. These are stored in
underground tanks. Due to the variations in the usage
rates among the stations and the limited capacities
of these tanks, the frequency of replenishment may
range from two or three times per day to only
several times per week. Each tank is dedicated to one
type of fuel. Fuel levels are measured periodically
by placing a calibrated stick into a storage tank,
although some of the more modern stations have
electronic metering devices on their tanks. Tanker
trucks, typically having four fuel compartments, are
used for replenishment.
A FORECASTING SITUATION
Each service station‟s fuel grade represents a
specific forecasting situation. A case in point is one of
the lower-volume stations selling 87- octane fuel.
With replenishment occurring only a few times per
week, forecast of usage rates on a daily basis is
adequate. Because usage does depend on the day of the
week, forecasting for a particular day of the week
may be quite different from any other day of the
week.
Questions:
1. Develop a forecasting procedure for this service
station. Why did you select this method?
2. How should promotions, holidays, or other such
periods where fuel usage rates deviate form
normal patterns be handled in the forecast?
C
Operations
Research
Section A:
Objective Type (30 marks)
· This section
consists of Multiple choices/Fill in the blanks/True-False & Short Answer
type
questions.
· Answer all the
questions.
· Part One
questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
1. In case of (<=) inequality,
to convert the inequality to an equation, we used to add a slack
variable to the left hand side of
the constraint, this slake variable should be:
a. Negative
b. Positive
c. May be positive or negative
d. Zero
2. In a set of m Χ
n
equations (m<n) the maximum number of corner points is given by…………
3. According to penalty rule for
artificial variables, the objective coefficient of the artificial variable
represents an appropriate
penalty, positive or negative depending on the problem, but the
necessary condition required to
hold this is, the value should be:
a. ∞
b. 0
c. 1
d. None of the above
4. The cases of the Simplex
method in which the value of the variables may increased indefinitely
without change in the constraints
is:
a. Degeneracy
b. Alternative optima
c. Unbounded solutions
d. Nonexisting solutions
5. An arc in network model is
said to be ‘Directed’ if it allows positive flow in one direction and
a. Negative flow in negative
direction
b. Zero flow in negative
direction
c. Negative flow in perpendicular
direction
d. None of the above
Section B:
Practical Problems (40 marks)
· This section
consists of Practical Problems.
· Answer all the
questions.
· Each Practical
Problem is of 10 marks.
1. The stock of WalMark Stores,
Inc., trades on the New York Stock Exchange under the symbol
WMS. Historically, the price of
WMS goes up with the increase in the Dow average 60% of the
time and goes down with the DOW
25% of the time. There is also a 5% chance that WMS will go
up when the Dow goes and 10% that
it will go down when the Dow goes up.
a) Determine the probability that
WMS will go up regardless of the Dow.
b) Find the probability that
probability that WMS goes up given that the Dow is up?
c) What is the probability WMS
goes down given that Dow is down?
2. Prove that if the probability P {A/B} = P {A},
then A and B must be independent.
Logistics
Engineering and Management
Section A:
Objective Type (30 marks)
· This section
consists of Multiple choices & Short Answer type questions.
· Answer all the
questions.
· Part One
questions carry 1 mark each & Part Two questions carry 5 marks each.
Part One:
Multiple
Choices:
1. Analysis method in which
evaluation of alternative design configuration using multiple criteria is:
a. Level of repair analysis
b. Maintenance task analysis
c. Evaluation of design
alternatives
d. None of the above
2. Orientation of Logistic are:
a. Product among organization
b. Total benefits among
organization
c. Towards managing of labour
d. Towards managing the physical
flow of material & product among organization
3. LMI stands for:
a. Logistics Management
Information
b. Legal Management Information
c. Logistics Managerial
Information
d. None of the above
4. Technical performance measures
(TPMs) is applied for:
a. Evaluation of prime mission
related system & elements for expenses
b. Evaluation of prime mission
related system & elements for labour
c. Evaluation of prime mission
related system & elements for support
d. None of the above
5. System structure should
facilitate:
a. Design on an evolutionary
basis
b. Design a system within a
minimum cost
c. Design on an evolutionary
basis & with minimum cost
d. Both (a) & (b)
Caselet 1
Company Profile
Indian Steels Limited (ISL) is a
Rs 6000 crore company established in the year 1986. The company
envisaged being a continuously
growing top class company to deliver superior quality and cost effective
products for infrastructure
development. The company performed with a mission to attain 7 million ton
liquid steel capacity through
technological up-gradation, operational efficiency and expansion; to produce
steel with the international
standards of cost and quality; to meet the aspirations of the stakeholders. The
production started in the year
1988 and initially, it manufactured Angles, Pig Irons, Beams and Wire Rods
that were mainly used for
constructing roads, dams and bridge. The products were mainly supplied to
Public Sector Undertaking such as
Railway ,Public Work Department (PWD), Central Public Work
Department (CPWD), Rashtriya Setu
Nigam, Audyogik Kendrya Vikas Nigam Ltd.and various foundry
units. The company had its
headquarters at Raipur with three stockyards
The company has establish itself
well and is said to be considering its expansion plan and proposed
merger with another steel making
giant in the country. The company was awarded ISO 9001, ISO 14001
and ISO 18001 certifications. The
temperature in the plant premises is reportedly about 6 degrees Celsius
lesser than that of the township,
thanks to the greenery being maintained therein.
Logistics
Outsourcing
Outbound logistics, which
basically connects the source of the supply with the sources of demand with an
objective of bridging the gap
between the market demand and capabilities of the supply sources, was
always a problem for companies operating in this
industry. Consisting of components like warehousing
electricity and the load bearing
capacity of the soil in the stockyard. Some more problems were
encountered whenever there was a
change in CA and these were overcome by training the employees of
the new CA and keeping the old CA
responsible for the material in his stockyard for six months after the
contract as well. Observations
reveal that, at times there were situations wherin CAs had to do those
things which they were not
legally supposed to do because of the pressures mounted by political leaders
with selfish interests.
Conclusions
Despite these problems, this
model of outsourcing logistics was working out very well for the company.
The practices, which were started
in the year 1996 have sustained major changes in the environment and
are being practiced even in 2006.
It has enhanced the supply chain competency of the company by
enabling it leverage more on its
core competency, which leads to increased productivity.
Questions:
1. Analyze the case in view of
the logistics outsourcing practices of the ISL.
2. Discuss the importance of logistics outsourcing
with reference to Supply Chain Management
International
Business Management
Section A:
Objective Type (30 marks)
· This section
consists of multiple choice questions and short answer type questions.
· Answer all the
questions.
· Part One carries
1 mark each and Part Two question carries 5 marks each.
Part One:
Multiple
choices:
1. What is the series
consideration for strategy implementation?
a. Strategic orientation
b. Location
c. Dimensions
d. Both (a) & (b)
2. The major activity in global
marketing is:
a. Pricing policies
b. Product lines
c. Market assessment
d. All of the above
3. The third ‘P’ in the
international marketing mix is:
a. Product
b. Price
c. Promotion
d. Place
4. The European Economic
Community was established in:
a. 1958
b. 1975
c. 1967
d. 1957
5. Environment Protection Act:
a. 1986
b. 1967
c. 1990
d. None of the abo