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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