1 May14
1 May14
1 May14
Seat
No.
1. Find the Total Cost, Average Fixed Cost, Average Total Cost and Marginal Cost
from the following table. 14
T o t a l T o t a l A v e r a g e A v e r a g e
T o t a l T o t a l M a r g i n a l
F i x e d V a r i a b l e F i x e d T o t a l
O u t p u t C o s t C o s t
C o s t C o s t C o s t C o s t
"
%
! ' !
"
# "
$ '
1) Perfect competition.
2) Types of inflation.
P.T.O.
SLR-XY 3 *SLRXY3*
_____________
*SLRXY10* SLR-XY 10
Seat
No.
1. A) Define :
a) Product
b) Services
c) PLC
d) Branding
e) Trademark. 5
B) Business have gone through different phases or stages of marketing over
the years. Identify the correct sequence from the following options.
a) Production era-Product era - Sales era - Marketing era
b) Product era - Production era - Sales era - Marketing era
c) Product era - Production era - Marketing era - Sales era
d) Production era - Product era - Marketing era - Sales era 4
C) Multiple choice.
1) Which of the following is not characteristic of services ?
a) Intangibility b) Inseparability
c) Perishability d) Homogeneity
P.T.O.
SLR-XY 10 *SLRXY10*
3. Short note :
A) Market segmentation.
B) Target positioning strategies. 14
OR
4. Explain the term Price. Describe the various internal and external forces that
influence the pricing strategy of a firm. 14
OR
employees.
6. Define Selection. State its significance and explain selection procedure in detail. 14
————————
*SLRXY13* SLR-XY – 13
Seat
No.
P.T.O.
SLR-XY – 13 -2- *SLRXY13*
5. Discuss main factors for designing plant layout and explain different types of
plant layout along with diagrams. 14
_______________
*SLRXY19* SLR-XY 19
Seat
No.
Rudely shaken, Vijay came home in the evening. He was not in a mood to talk to
his wife. Bolted inside, he sat in his room, lit a cigarette, and brooded over his
experience with a company he loved most.
G.M. Finance saw to it that Vijay was shifted to Unit 2 where he was posted in
purchasing. Though I purchasing was not his cup of tea, Vijay went into it whole
hog, streamlined the purchasing function, and introduced new systems,
particularly in vendor development. Being honest himself, Vijay ensured that
nobody else made money through questionable means. After two years in
purchasing, Vijay was shifted to stores. From finance to purchasing to stores
was too much for Vijay to swallow. He burst out before the unit head, and unable
to control his anger, Vijay put in his papers too. The unit head was aghast at this
development but did nothing to console Vijay. He forwarded the papers to the
V.P. Finance, Unit 1.
P.T.O.
SLR-XY 19 *SLRXY19*
The V.P. Finance called in Vijay, heard him for a couple of hours, advised him
not to lose heart, assured him that his interests would be taken care of and
requested him to resume duties in purchasing in Unit 2. Vijay was also assured
that no action would be taken on the papers he had put in.
Six months passed by. Then came the time to effect promotions. The list of
promotees was announced and to his dismay, Vijay found that his name was
missing. Angered, Vijay met the unit head who cooly told Vijay that he could
collect his dues and pack off to his house for good. It was great betrayal for
Vijay.
1. Read the following passage carefully and answer the following questions : 14
As a family, the Sassoons are unique in many respects. Other houses amassed
vaster fortunes, but none spanned two worlds oriental and western. The family
has long been a source of speculation and legend. Its ancient origins and secretive
business dealings, followed by trade in opium contributed to the myths surrounding
it. Another factor is the depth of bitterness which separated the various branches
of the family.
David Sassoon liked the free atmosphere of Bombay, with its religious tolerance
and respect for business ability. He decided to stay in Bombay. He established
the firm David Sassoon and Co. Ltd. which spread its activities to Calcutta,
Shanghai, Contour and Hongkong. The growth of the firm was stimulated with the
inclusion of his eight sons, each of whom not only showed business acumen but
also a remarkable ability to know how the family would react to proposals,
whichever part of the world they happened to be working.
P.T.O.
SLR-XY – 21 -2- *SLRXY21*
In spite of the ability of knowing each other’s minds, frictions developed among
David’s sons. The original firm after the death of father was headed by the eldest
son Albert. During the 1920’s, the David Sassoon branch of the family began to
decline in importance relatively. Weaknesses in top personnel were beginning to
show. The third generation of Sassoons were far more concerned with the spending
money on politics, flying and racing than with earning money to sustain their
expensive life styles. Management was in the hands of non-Sassoons.
In contrast E.D. Sassoons gained strength. The group reorganized their international
financial holdings in such a way that they were well protected from taxation, inflation
and wars. They strengthened their business interest in Bombay but in a very
shrewd manner.
Both the Sassoons firms were met by the political upheavals in India. Sassoons
admitted their defeat in India by observing. “There will be less scope in India for
a foreigner in the future because of the cutthroat competition with Indian firms,
who have less overhead charges, and because of the anti-foreign prejudice. It
looks that Indian under Swaraj will have a great deal of internal trouble”.
Questions :
1) Show how the Sassoons are unique in many respects from other industrial
house.
2) Comment on the influences that moulded David Sassoon’s enterprise and his
achievements.
3) Explain how the decline of the Sassoons started from the third generation.
4) Account for the impact of the World War II on the Sassoon’s fortunes.
5) How far the common proverb “united we stand” divided we fall” is true in the
Sassoon’s declining industrial empire ?
6) Is Sassoon’s assessment of Indian enterprise oversimplified ? Or Prophetic ?
Give reasons for your answer.
6. Explain the role played by RBI in achieving the objectives of Monetary Policy. 14
————————
*SLRXY24* SLR-XY 24
Seat
No.
1. An Electric Company produces two products P1 and P2 that are produced and
sold on weekly basis. The weekly production cannot exceed 25 for product
P1 and 35 for product P2 because of limited facilities. The company employs total
of 60 workers. Product P1 requires 2 man weeks of labour, where as product
P2 requires only 1. Profit margin on P1 is Rs. 60 and that on P2 is Rs. 40. Formulate
it as a L.P.P. and solve using graphical method for maximum profit. 14
S t r a t e g i e s
N N N N
! "
5 ' &
5 " # # %
5 # $
P.T.O.
SLR-XY 24 -2- *SLRXY24*
*
*
Player A
)
! "
! "
b) A company wants to introduce the product to the market. They have to advertise
this product before introducing it to the market. They have following data with
them :
D e m a n d
D D D
!
A d v e r t i s i n g
P r o b a b i l i t i e s o f D e m a n d
S t r a t e g i e s
P P P
!
( 0 . 3 ) ( 0 . 6 ) ( 0 . 1 )
S 1 4 0 1 6 0 2 0 0
S 1 0 0 1 3 0 1 6 0
S 8 0 1 2 0 1 4 0
Where,
x + 2y 10
x, y 0.
b) Write a note on :
Scope of operations management.
c) Explain the limitations of operations management.
5. What is operations management ? Explain in detail its applications potential to
diverse problems in business and industry. 14
6. Solve the following transportation problem : 14
Check if the solution is Feasible by using Vogels Approximation Method.
Use MODI method and obtain the optimal transportation cost.
W a r e h o u s e s
P l a n t s
W W W W S u p p l y
! "
2 ' ! # %
2 % ! " $ '
M a n a g e r s
I I I I I I I V V V I
________________
*SLRXY27* SLR-XY – 27
Seat
No.
P.T.O.
SLR-XY – 27 *SLRXY27*
2. Short note on : 14
1) Sales budget
2) Compensation package.
3. Short notes on : 14
1) Sales Audit
4. Answer briefly : 14
5. Explain the terms : market potential, sales potential and sales forecast. Briefly
state the subjective and objective methods of sales forecasting. 14
7. Sales Quota and Sales Territory are the strategies to comb the entire market.
Comment. 14
_______________
*SLRXY33* SLR-XY 33
Seat
No.
7. What is IMC ? Explain the process of IMC and list the elements of IMC in short. 14
___________
*SLRXY45* SLR-XY – 45
Seat
No.
1. The banking industry in India is currently under an intense phase of change. The
public sector banks are trying to consolidate on the basis of their large network
and customer base. The private sector banks are adopting mergers and
acquisitions to increase their size. The trend is towards consolidation and well
identified core competencies. Prepare ETOP (Environmental Threat and Opportunity
Profile) for banking industry.
1) Analyse the case. 5
2) Identify the problem. 2
3) Alternative solutions. 5
4) Best solutions. 2
6. How can the strategic leaders match their leadership style to the requirements of
the strategy being implemented ? 14
7. What are the distinctive advantages and disadvantages of (a) divisional structure,
(b) an SBU structure and (c) a matrix structure. 14
————————
*SLRXY6* SLR-XY 6
Seat
No.
1. Case study :
Instructions : Study the case carefully and answer all the questions given at the end.
For over 3 months the CEO of Twilight Company a medium sized family
concern had observed a decline in productivity and increase in rejection ratio.
The company has a 10 years record of supplying plastic containers big and
small to FMCCs. The CEO was confident before this decline of doubling sales
within the year.
A month ago, upset by inability to meet requirements on time, he had shot off a
letter to his GM-production, manager-supplies and Senior managers asking them
to work as a team, put in greater efforts and plan their work. The recipients of
these letters sent somewhat similar letters to their supervisory staff. Matters did
set improve and the CEO called in the HR manager and asked him what was
wrong and what to do. The HR managers was of the view based on a survey
calculated only 2 months ago, secondly his personal assessments was that, the
workers and supervisors level of satisfaction and motivation was high.
Questions :
1) Analyze the case. 5
2) Identify the problem. 2
3) Find out the alternative solution. 5
4) Give the (one) best solution. 2
P.T.O.
SLR-XY 6 *SLRXY6*
1. Analyse case study, identify the problem, find out various alternatives and choose
the right solution. 14
Treatment :
Indian leather export, an important foreign exchange earner for the country, has
been reportedly hit hard by the decision of some major US retail chains like
Eddie Bauer, LL Bean, Timberland and Casual Corner, and a German company
Bader to boycott leather goods from India in protest against the ill-treatment of
animals here. This move came shortly after a decision by global retail chains
Gap, Marks and L. Spencer, Liz Claiborne and J.Crew not to buy Indian leather
goods. This development has a lot to do with the lobbying by the US-based
animal rights group People for Ethical Treatment of Animals (PETA) for a leather
goods from India by documenting evidence of ‘cruelty to animals’ killed for making
leather. It has been reported that the overseas firms have officially communicated
to the Indian outfit of PETA that they will not be sourcing leather products from
India until there is strict enforcement of animal protection laws. Following this,
the Mumbai-based Teja Industries, the official supplier of leather goods for Marks
and Spencer in India, started outsourcing leather from other countries to
manufacture products for the global chain. In the light of the above, discuss the
implications of social activist groups for business. With reference to this case,
discuss the failure of the governments, Council for Leather Exports and the
leather industry and the lessons of this case. What should the governments Council
for Leather Exports and the leather industry do to overcome the problem ?
P.T.O.
SLR-XY – 60 *SLRXY60*
A) DP and DA
B) FEMA
B) SEZ’s schemes
7. What is role of EPC ? Discuss the provision and restrictions for import and
export in India ? 14
_______________
*SLRXY64* SLR-XY 64
Seat
No.
___________
*SLRXY71* SLR-XY 71
Seat
No.
P.T.O.
SLR-XY 71 *SLRXY71*
2. Define the term advertising. Explain in detail the 5 Ms of advertisement at global
level. 14
3. What is international marketing ? Explain the various ways for entry in international
market. 14
4. What is MIS ? Explain various sources of information and how to control the
global marketing research. 14
_____________
*SLR-XY-1* SLR-XY – 1
Seat
No.
1. Case : 14
Dairy India Products Limited is engaged in collecting, processing and distribution
of dairy products in large cities in Maharashtra. Most of the products of company
are such that these have to be distributed on daily basis. The company has
number of distributors who approach the fixed customers. Mr. Anand joined as
distributor after completing his B.Com. The manager was very happy but could
not offer better job than distributor and promised him for better opportunity. All
distributors are on monthly salary basis. For ensuring distribution, company
used to pay overtime. Hence distributors used to work slowly to get overtime
pay. The work was becoming hectic during end of the day resulting in overtime to
meet distribution schedule. There was no group leader but old-timers used to
influence new comers regarding work rules. Mr. Anand did not like method of
working. He gathered information that company had paid around sixty percent
overtime unnecessarily.
After a year, manager was impressed by Mr. Anand’s performance and offered
him position of distribution supervisor. The role of supervisor used to look after
distribution system and develop new customers. There were four more
Supervisors. Mr. Anand was sure of making distribution effective as he was
aware of delaying tactics. He was quite sure about cutting the overtime cost and
impressing manager about fixing quota of work per day in two parts – before and
after lunch. The distribution manager was convinced and introduced the system.
However efficiency dropped and no one was reaching target.
1) Analyse the above case.
2) Identify problem in this case.
3) Suggest alternative solutions.
4) Identify best alternative. P.T.O.
SLR-XY – 1 *SLR-XY-1*
_______________
*SLRXY100* SLR-XY – 100
Seat
No.
1. Write an algorithm for checking the given number is palindrome or not. Also draw
flowchart for the same. 14
_____________________
*SLRXY11* SLR-XY – 11
Seat
No.
1) GDR
2) SEBI
3) DCF.
b) EOQ
c) Share split.
*SLRXY11* -3- SLR-XY – 11
2) The company sold a motor car during the year for Rs. 8,000. The cost price of
the car was Rs. 10,000 and depreciation Rs. 5,000, depreciation charged on
remaining car is Rs. 10,000.
3) Depreciation of Rs. 20,000 is to be provided on plant and no depreciation is
charged on building.
Prepare :
i) Schedule of changes in working capital
_____________
*SLRXY14* SLR-XY 14
Seat
No.
5. Explain the reasons for the introduction of the policy of liberalization in Indian
Economy. 14
7. What is the role played by Small Scale Industries in the economic development
of India ? 14
____________________
*SLRXY15* SLR-XY – 15
Seat
No.
C) True/False :
1) Consent is an essential element of contract.
2) Negotiable instruments are not transferrable.
3) Statutory meeting must held once in a year.
4) Deficiency is related to goods.
P.T.O.
SLR-XY – 15 *SLRXY15*
_________________
*SLRXY16* SLR-XY – 16
Seat
No.
The Alto then took over from Maruti 800, as it became the highest selling car in
India. But all along MUL’s image was that of a common Man’s car company. While
that helped the firm to widen its base and become India’s largest four wheeler
company. It never was able to occupy the minds of the people in top echelons.
Now, in one swift stroke, MUL is planning to transform its conservative image.
The 1.3 liter swift priced at around Rs. 4 lakhs could change the face of the
Indian automobiles industry as it is priced right and is awesome-looking.
Suzuki, for the first time, allowed Indian engineers to work on the design and
development of the car so that the eventual product met all expectations of
customers. The Swift was Suzuki’s first world car as it was designed with the
European taste in mind and was launched simultaneously world wide. Considering
that MUL still has the best service network in the country, Swift is expected to do
wonders in the market. MUL is thinking the new product development is a growth
strategy for enhancing the market.
5. What is marketing mix ? Explain in detail the product life cycle with the
characteristics of each stage.
*SLRXY18* SLR-XY – 18
Seat
No.
1. Raj Cements Pvt. Ltd. sells its products on a gross profit of 20% of sales the
following information is extracted from its annual accounts for the year ended
31st March 2012.
Particulars Rs.
Raw Materials in stock for on an average for 2 months and finished goods are in
stock for 1 month. The company enjoys 1 month credit from suppliers. Cash
balance is maintained at Rs. 50,000. Assuming a 10% margin for contigencies,
find out the working capital requirement for Raj Cements Pvt. Ltd. 14
P.T.O.
SLR-XY – 18 -2- *SLRXY18*
c) Bonus Share. 14
c) Stock split. 14
a) Ankur Corporation has prepared the following budget estimates for the year
2013-14.
b) Calculate the revised PV Ratio and Break Even Point in each of the following
cases (Note : All other variables remain as per original data and you have to
make only change in the variable mentioned in the question).
i) Decrease of 10% selling price
ii) Increase of 10% in variable cost
iii) Decrease of Rs. 6,000 in Fixed cost
d) GDR/ADR. 14
*SLRXY18* -3- SLR-XY – 18
5. The management of a firm is considering an investment project costing
Rs. 2,00,000 and it will have a scrap value of Rs. 25,000 at the end of its 5 year
life. Installation charges are expected to be Rs. 10,000.
Project need additional working capital of Rs. 20,000. Annual revenue from the
project is expected to be Rs. 1,50,000 and annual expenses are estimated to be
Rs. 50,000. The depreciation and taxes for each of the five year will be as under –
Year Depreciation Taxes
1 Rs. 82,000 Rs. 11,200
2 Rs. 53,200 Rs. 22,720
3 Rs. 42,400 Rs. 27,040
4 Rs. 21,500 Rs. 31,600
5 Rs. 10,800 Rs. 36,180
Calculate the cost of the project and CFAT.
Evaluate the project at 12% rate of interest on the basis of NPV and PI.
The discounting factor @ 12% are – 1y-0.9, 2y-0.8, 3y – 0.7, 4y-0.6, 5y-0.5 14
6. The following data is supplied you to calculate the ratios –
Sales-Rs. 25,20,000, Cost of sales Rs. 19,20,000, Net profit Rs. 3,60,000
Capital Rs. 5,00,000 Reserves Rs. 10,00,000 Long term debt Rs. 9,00,000
Creditors Rs. 5,00,000 Bank Overdraft Rs. 1,00,000 Fixed Assets Rs. 18,40,000
Inventory Rs. 5,00,000 Debtors Rs. 6,00,000 Cash Rs. 1,00,000
Purchases Rs. 15,00,000 No. of shares 1,00,000 Market price of Share Rs. 50
Calculate following ratios –
1) Gross Profit Ratio
2) Net Profit Ratio
3) Return on Fixed Assets Ratio
4) Current Ratio
5) Quick Ratio
6) Inventory Turnover Ratio
7) Debtors Turnover Ratio
8) Creditors Turnover Ratio
9) Return on Total Asset Ratio
10) Leverage Ratio
11) EPS
12) PE Ratio
13) Return on Capital Ratio
14) Turnover to asset ratio. 14
7. What are the long term sources of funds for a company in India ? 14
——————
*SLRXY2* SLR-XY – 2
Seat
No.
1. From the following Trial Balance of Premier Traders, prepare Trading and Profit
and Loss Account for the year 31st Mar. 2012 and Balance Sheet as on that
date. 14
Particulars Debit (Rs.) Particulars Credit (Rs.)
Plant and machinery 13,000 Capital 25,000
Buildings 17,000 Loans 5,000
Receivables 9,650 Sales 35,000
Purchases 18,000 Accounts payable 4,000
Discount allowed 1,200 Bills payable 5,000
Wages 7,000 Purchase returns 2,000
Salaries 3,000 Dividends received 3,000
Travelling expenses 750
Freight 200
Insurance 300
Commission paid 100
Cash 100
Bank 1,600
Repairs 500
Interest on loan 600
Stock 6,000
79,000 79,000
P.T.O.
SLR-XY – 2 -2- *SLRXY2*
Additional information :
1) Closing inventory Rs. 8,000
2) Depreciation is to be provided on-plant and machinery – 15%, Buildings – 10%.
3) Provision for doubtful receivables Rs. 500.
4) Prepaid insurance Rs. 50.
5) Outstanding rent Rs. 100.
B) Journalise the following transactions in the book of Mr. Mohan for the month
of April 2012. 7
02 Mohan commenced business with cash Rs. 10,000 and furniture of Rs. 5,000.
04 He took loan from bank Rs. 5,000
07 Purchased goods from Anand Rs. 7,000 and from Vijay Rs. 3,000.
11 Sold goods to Arvind for cash Rs. 2,000 and on credit Rs. 3,000.
15 Paid Vijay on account by cheque Rs. 3,000.
18 Received a cheque from Arvind and deposited the same into bank Rs. 2,000
21 Commission due to Sunil Rs. 100.
25 Drew for office use Rs. 500.
27 Paid salaries Rs. 500, rent Rs. 800 and electricity charges Rs. 200.
30 Arvind declared insolvent and 50 paisa in the rupee is received in the full
settlement.
3. A) On 1st April, 2010, ABC company purchased a machinery for Rs. 2,00,000.
On 1st October, 2010, additional machinery costing Rs. 1,00,000 was
purchased. On 1st October, 2010, the machinery purchased on 1st April, 2010
was sold for Rs. 90,000.
On 1st October, 2012, new machinery was purchased for Rs. 2,50,000, while
the machinery purchased on 1st October, 2010 was sold for Rs. 85,000 on the
same day.
The company provides depreciation on the machinery @10% p.a. on original
cost. It closes its book of accounts on 31st March every year. Show machinery
account for three accounting years ending on 31st March, 2013. 7
*SLRXY2* -3- SLR-XY – 2
B) Prepare a stores ledger account from the following transactions under the
FIFO method :
January 2013
1 Opening stock of 1000 units at Rs. 10 each
3 Purchased 260 units at Rs. 15 each
7 Issued 700 units
9 Purchased 1500 units at Rs. 30 each
11 Issued 1500 units
20 Issued 400 units
25 Purchased 450 units at Rs. 25 each
27 Issued 200 units
1. Study the following case carefully and answer the questions given at the end :
On reaching home and switching on the laptop, he noticed that the onboard
mouse was not working. He again approached the service centre and reported
the problem. Rajan was informed that since he had signed the delivery documents,
the service centre did not owe responsibility to this new problem related to the
onboard mouse. He was asked to fill up a fresh service form to get the problem
rectified and was told that any expenses incurred in rectifying the problem had to
be paid by him.
P.T.O.
SLR-XY – 20 *SLRXY20*
Rajan agreed but also insisted on meeting the heads of the customer service and
quality control departments. Rajan discussed the issue and informed them about
the company’s poor service quality which lead to poor customer satisfaction.
The next day the customer service and quality control department heads met
and decided to take corrective steps based on Rajan’s experience.
Questions :
a) Analyze the case. 5
b) Identify the problem. 2
c) Find out alternative solutions. 5
d) Give the best solution. 2
7. Discuss the various types of plant layouts. State the advantages and
disadvantages of each layout. 14
––––––––––––––––––––
*SLRXY22* SLR-XY 22
Seat
No.
1. Case study :
Mr. Verma has an MBA. He is being interviewed for the position of management
trainee at a well known company. The selection committee is chaired by the Vice
President. Mr. Vermas interview was as follows :
Committee : Good afternoon.
Mr. Verma : Good afternoon.
Chairperson : Please take a seat.
Mr. Verma : Thank you (Sits down at the edge of the chair.
Keeps his CV on the table)
Chairperson : So Mr. Verma, I can see that you have finished
your MBA with a distinction.
Mr. Verma : Yes Sir.
Chairperson : Why do you want to work in our organization ?
Mr. Verma : Your company has a very good reputation in the
industry.
Committee member : This job is considered to be quite stressful.
Do you think you can manage the stress involved ?
Mr. Verma : Yes I think there is too much talk about stress
these days. Sir, would you tell me more clearly
what you mean by stress ?
Committee member : What are your strengths ?
Mr. Verma : Sir who am I to boast to tell about my strengths ?
You should tell me my strengths.
P.T.O.
SLR-XY 22 *SLRXY22*
The committee member tells Mr. Verma the typical career path for those starting
as a management trainee. The chairperson then thanks Mr. Verma. Mr. Verma
promptly says in response, You are welcome, and then exits the room.
1) Analyse the case. 5
2) Identify the problem. 2
3) Alternative solutions. 5
4) Best solution. 2
6. What is a memo ? What are the differences between memo and letter ? Draft a
memo to your subordinate about his indiscipline (coming late to the office). 14
7. What is the interview process ? What are the characteristics of job interviews ?
Explain pre interview preparation techniques. 14
____________________
*SLRXY23* SLR-XY – 23
Seat
No.
1. Case study :
Gandhi Garment
Mr. Deepak Gandhi has a chain of restaurants in many cities of western India
and was interested in diversifying his business. His only son, Prakash, never
wanted to be in the hospitality line. To settle Prakash into a line which would
interest him, Mr. Deepak Gandhi decided to venture into garment manufacturing.
He gave this idea to his son, who liked it very much. Gandhi had already done a
course in fashion designing and wanted to do something different for the consumers
of this industry. An idea struck him that he should design garments for people
who are very bulky but want a lean look after wearing readymade garments. The
first thing that came to his mind, was to have an estimate of people who wore
large sized shirts (XL size and above) and large sized trousers (38 size and
above).
A meeting was called of fashion designers from the garment industry to discuss
on how they should proceed. A common concern for many of them was to know
the size of such a market. Another issue that was bothering them was how to
approach the respondents. It was believed that asking people about the size of
their shirt or trouser may put them off and there may not be any worthwhile
response. A suggestion that came up was that they should employ some observers
at entrances of various malls and they would be to look at people who walked
P.T.O.
SLR-XY – 23 *SLRXY23*
into the malls and see whether the concerned person, was wearing a big sized
shirt or trouser. This would be a better way of approaching the respondents. This
procedure would help them to estimate in a very simple way the proportion of
people who wore big sized garments.
Questions :
1) Write statement of the problem, objectives of the study.
2) Write the hypotheses.
3) Name the sampling design that will be used in the study.
4) What method of data collection will be employed ?
5. What do you mean by research ? Explain in detail the various steps in research
process.
_____________________
*SLRXY25* SLR-XY – 25
Seat
No.
5. Explain concept of strategy and its level. Describe in detail Corporate Planning
Process. 14
_____________
*SLRXY26* SLR-XY – 26
Seat
No.
P.T.O.
SLR-XY – 26 -2- *SLRXY26*
5. a) From the following information relating to Quality Products Ltd., you are required
to find out : 7
i) Contribution
ii) P/V ratio
iii) Break-even point in units
iv) Margin of safety
v) Profit
Total fixed cost Rs. 4,500/-
Total variable costs Rs. 7,500/-
Total sales Rs.15,000/-
Units sold 5,000 units
vi) Also calculate the volume of sales to earn a profit of Rs. 6,000/-.
7. ABC Ltd., a newly started company wishes to prepare cash budget from January.
Prepare a cash budget for the first six months from the following estimated
revenue and expenses : 14
Cash balance on 1st January was Rs. 10,000. A new machinery is to be installed
at Rs. 20,000 on credit, to be repaid by two equal installments in March and
April.
Sales commission @ 5% on total sales is to be paid within a month following
actual sales.
Rs. 10,000 being the amount of 2nd call may be received in March. Share premium
amounting to Rs. 2,000 is also obtainable with the 2nd call.
Period of credit allowed by suppliers – 2 months
Period of credit allowed to customers – 1 month
Delay in payment of overheads – 1 month
Delay in payment of wages – ½ month
Assume cash sales to be 50% of total sales.
————————
*SLRXY28* SLR-XY – 28
Seat
No.
P.T.O.
SLR-XY – 28 *SLRXY28*
2. Write short notes on any two : 14
a) NBFC
b) Private Insurance Companies
c) Derivatives.
6. Explain the concept of “core banking”. “NPA” and “Securitisation” are important
concepts in Banking. Explain meaning and importance of these two concepts. 14
7. Take the review of Mutual Fund Industry in India since inception. Explain the
structure of Mutual Fund. Explain any three schemes of MF with its features. 14
_____________________
*SLRXY34* SLR-XY – 34
Seat
No.
4. Following financial information for the year 2012 and 2013 is provided by SSK
Company Ltd. 14
Liabilities 2012 2013 Assets 2012 2013
(Rs.) (Rs.) (Rs.) (Rs.)
Capital 9,00,000 10,00,000 Goodwill 1,20,000 1,00,000
General reserves 1,40,000 1,80,000 Building 4,00,000 3,60,000
P & L a/c 1,95,000 1,20,000 Machinery 3,70,000 3,60,000
Provision for tax 1,60,000 1,70,000 Stock 3,00,000 2,54,000
Creditors 80,000 54,000 Debtors 2,00,000 2,22,000
Bills payable 62,000 13,000 Cash 66,000 1,52,000
Provision for Investments 1,00,000 1,10,000
Doubtful debts 19,000 21,000
15,56,000 15,58,000 15,56,000 15,58,000
*SLRXY34* -3- SLR-XY – 34
Adjustments:
1) Depreciation is to be provided on machinery Rs. 40,000 and on building
Rs. 40,000.
2) Interim dividend of Rs. 75,000 is to be paid.
3) Provision for tax of Rs. 50,000 is to be made during the year.
5. What is venture capital ? Explain the features and stages of venture capital
financing. 14
As per the present conditions company expects earnings before interest and
tax Rs. 8,00,000. The present rate of tax is 50%.
You are required to determine the earnings per share for the company under
each of the alternative and comment on your answer. 14
_______________
*SLRXY39* SLR-XY 39
Seat
No.
4. A) What are the advantages of using the OTB plan for buying ?
B) What are the reasons for the emergence of category management ? 14
5. Compare the current status of organized retailing in India with the international
scenario. 14
___________
*SLRXY4* SLR-XY – 4
Seat
No.
_____________
*SLRXY40* SLR-XY – 40
Seat
No.
P.T.O.
SLR-XY – 40 -2- *SLRXY40*
Average raw material in stock : one month; average materials in process : half
a month. Credit allowed by suppliers : one month; credit allowed to debtors :
two months. Time lag in payment of Wages : One month. Overheads : one
month. One fourth of sales are on cash basis. Cash balance is expected to be
Rs 60,000/- Finished goods : one month.
*SLRXY40* -3- SLR-XY – 40
You are required to prepare a statement showing the working capital needed to
finance a level of activity of 60,000 units of output. Add 10 per cent to your
computed figure to allow for contingencies. You may assume that production is
carried on evenly throughout the year and wages and overheads accrue similarly.
2) A project will cost Rs. 1,10,000/-. It has one year life. It is expected to
generate cash flows of Rs. 2,40,000, Rs. 1,80,000, Rs. 60,000 and Rs.
40,000 with associated probabilities, respectively of 0.20, 0.30, 0.25 and
0.25. The discount rate is 8 percent. Should the project be accepted ?
3) “A credit policy should neither be too much liberal nor too much stringent ”.
Elucidate.
5. Pavan Kumar Ltd., a newly started company wishes to prepare cash budget
from January. Prepare a cash budget for the first six months from the following
estimated revenue and expenses.
Additional information :
1) Cash balance on 1st January was Rs. 10,000/-.
2) A new machine is to be installed costing Rs. 20,000/- on credit basis. It is to
be repaid in two equal installments in March and April.
3) Sales commission @ 5% on total sales is to be paid within a month following
actual sales.
4) Rs. 10,000/- being the amount of 2nd call may be received in March.
5) Share premium amounting to Rs. 2000/- is also obtainable with the 3rd call in
March.
SLR-XY – 40 -4- *SLRXY40*
7. Define working capital. What are the determinants of working capital ? Explain
the concept of operating cycle of working capital. 14
_________________
*SLAXY42* SLR-XY – 42
Seat
No.
A B
1) Payment of Gratuity Act Adjudication
2) The Trade Unions Act Wage fixation
3) Industrial Dispute Act 1926
4) Retrenchment Conditions of employment
5) Standing orders Termination by employer
6) Industrial tribunal 1972
P.T.O.
SLR-XY – 42 *SLAXY42*
5. Define industrial relations. Explain its importance and causes of poor industrial
relations.
What is the role of the management to improve industrial relations ?
6. What are the problems faced by the trade unions ? Explain the functions of
trade union.
7. Define industrial disputes. State its causes and remedies to overcome industrial
disputes.
__________________
*SLRXY46* SLR-XY 46
Seat
No.
M.B.A. (Part II) (Semester III) Examination, 2014
MANAGEMENT ACCOUNTING (Paper XVIII) (New)
1. ABC Ltd., a newly started company wishes to prepare cash budget from January.
Prepare a cash budget for the first six months from the following estimated
revenue and expenses : 14
Month Total Sales Materials Wages Overheads Selling and
Production Distribution
Rs. Rs. Rs. Rs. Rs.
January 20,000 20,000 4,000 3,200 800
February 22,000 14,000 4,400 3,300 900
March 28,000 14,000 4,600 3,400 900
April 36,000 22,000 4,600 3,500 1,000
May 30,000 20,000 4,000 3,200 900
June 40,000 25,000 5,000 3,600 1,200
Cash balance on 1st January was Rs. 10,000. A new machinery is to be installed
at Rs. 20,000 on credit, to be repaid by two equal installments in March and
April.
Sales commission @ 5% on total sales is to be paid within a month following
actual sales.
Rs. 10,000 being the amount of 2nd call may be received in March. Share premium
amounting to Rs. 2,000 is also obtainable with the 2nd call.
Period of credit allowed by suppliers 2 months
Period of credit allowed to customers 1 month
Delay in payment of overheads 1 month
Delay in payment of wages
month
Assume cash sales to be 50% of total sales.
P.T.O.
SLR-XY 46 -2- *SLRXY46*
6. PQR Manufacturing Co. has been using a cost system that allocates all factory
overhead costs to products based on 350 per cent of direct labour cost. The
company has just decided to use Activity-Based Cost System (ABC) that traces
indirect costs to products based on consumption of major activities as indicated
below : 14
Activity Annual cost Cost Product cost
driver quantity (Rs.) Driver consumption
Labour Rs. 3,00,000 30,000 Rs. 10,000
Machining 20,000 hours 5,00,000 800 hours
Setup 10,000 hours 1,00,000 100 hours
Production order 2,000 orders 2,00,000 12 orders
Material handling 1,000 requisitions 20,000 5 requisitions
Parts administration 12,000 parts 4,80,000 18 parts
You are required to compare the total annual costs of the product using both the
traditional volume-based and new ABC system.
7. Explain management control system. Describe the management control system in
Service Organisation. 14
_____________________
*SLR-XY-47* SLR-XY – 47
Seat
No.
1. A Steel manufacturing company has introduced new ethical practices and wants
its employees to imbibe in the culture of its organization. It has named these
practices as ‘whistleblower’. This is about asking very employee to be alert in
and around oneself. The practice is if you have noticed unethical behavior among
your group (coming late, wastage of raw material, no proper use of utilities provided,
abusive language, etc.) one has to report it to the head. This practice would have
two benefits
1) Everyone will work as a watch dog,
2) No individual will try to commit the mistake and be caught by others. The
management has put up box in common place so that reporting becomes
easy. To safe guard and bring faithfulness to this practice one will have to
sign the letter. Now the employee are in a dilemma.
1) Analysis of the case 5
2) Identification of the problem 2
3) Suggest alternative solution 5
4) Select best solution 2
P.T.O.
SLR-XY – 47 *SLR-XY-47*
5. Define and explain values. State its characteristics. State its relationship with
norms, belief and standard. 14
7. Define Business Ethics. State the factors and principles affecting Business Ethics. 14
_______________
*SLRXY48* SLR-XY – 48
Seat
No.
1. Mr. Mehta has recently completed his management graduation from states.
He is not interested in joining his family business. He plans to start a new
venture. His friends advised him with various avenues. He was thrilled by the
idea of entering the hospitality sector. After a brief research he has observed
that-
1) There are no five star hotels in tier II and tier III cities.
2) There are lots of infrastructural developments in these cities.
3) There is a change in the habits of people in these places because of raised
income level.
4) Even for rural people these cities are the only destination to spend.
As a management graduate he believes that the success of this business
depends upon branding and franchising. He has come to you for consultation.
a. Analyse the case 5
b. Identify the problem 2
c. Discuss alternatives 5
d. Suggest the best solution 2
6. Define brand equity. Explain Customer Based Brand Equity (CBBE) model of
building brands. 14
7. Define brand image. What are the sources of brand image ? Explain with examples. 14
—————————
*SLRXY49* SLR-XY 49
Seat
No.
The case manager found that there was nothing to support the contention that
account access was gained internally by the bank or via a hacker on the internet.
There was also no information to support a possibility that an unauthorized third
party had gained access to the cards and PINs. On the weight of information the
case manager concluded that the most probable explanation for the disputed
transactions was that they had been made by the disputants themselves. The
bank was not asked to compensate the disputants.
1) Analyse the above case
2) Identify problem in this case
3) Suggest alternative solutions
4) Identify best alternative.
5. Evaluate the financial system since the launching of new economic policy in
1991. 14
___________
*SLAXY5* SLR-XY – 5
Seat
No.
P.T.O.
SLR-XY – 5 -2- *SLAXY5*
2. Solve any two. 14
i) mean and
Wages 20 18 16 14 12 10 8 6
No. of Employees 2 4 9 18 27 25 14 1
No. of person 14 62 99 18 7
a year. If there are 2000 houses in that district what is the probability that
exactly 5 houses will have a fire during the year. Apply the Poisson
distribution.
B) The following data refers to the dividend (%) paid by two company A and B
over the last seven years. Calculate the coefficient of variation and comment.
A 4 8 4 15 10 11 9
B 12 8 3 15 6 4 10
Cost of
98 99 99 97 95 92 95 94 90 91
living
B) What is normal distribution ? Point out its important properties. Fit Binomial
Distribution of the following data :
X 0 1 2 3 4
F 28 62 45 10 4
Variable Frequency
0 − 10 10
10 − 20 20
20 − 30 35
30 − 40 40
40 − 50 ?
50 − 60 25
60 − 70 15
You are given that median value is 35 and total frequency is 170.
i) Find out missing frequency.
ii) Calculate the arithmetic mean, mode and quartile deviation of the completed
table.
SLR-XY – 5 -4- *SLAXY5*
a) Draw histogram for this distribution and find the modal value.
b) Prepare less than cumulative frequency find the median.
c) Represent them graphically using ogive curve.
7. From the following table the ages (x) and the blood pressure (y) of patients. 14
X 52 63 45 36 72 65 47 25
Y 62 53 51 25 79 43 60 33
1. Study the following case carefully and answer the questions given at the end.
Accurate equipments produces a range of health care appliances for hospitals.
The company has a good market share and its products are regarded highly in
the field of health care. The new production manager took charge of the production
unit and decided to take a review of the inventory ordering procedures as part of
his larger plan to reduce inventory costs.
One of the company’s products is a blood pressure testing kit. The company
manufactures all of the components for the kit in-house except for the digital
display unit. The company followed a 5 year old policy of ordering display units
from its supplier digital tools at six week intervals. This ordering system was
being followed at the insistence of the supplier. However the supplier digital tools
was bought out by precise devices a year ago and the new supplier decided to
discontinue the six week ordering requirement policy. Accurate equipments
nonetheless continued with the six week ordering policy.
On further investigation the production manager found out that a cost of
Rs. 1,500/- towards placing order and receiving shipment of the display units
from the supplier was incurred. The finance department informed him that an
additional weekly carrying cost of Rs. 100/- for each display unit was also incurred.
The production manager further found that till date precise devices was a reliable
supplier with orders being received by accurate equipments within 5 working
days after they were faxed to the supplier. He thought of reducing cost.
a) Analyze the case. 5
b) Identify the problem. 2
c) Find out alternative solutions. 5
d) Give the best solution. 2
P.T.O.
SLR-XY – 50 *SLRXY50*
2. Write short notes on any 2 : 14
i) Speculative buying
ii) Master production schedule
iii) Purchase cycle.
5. What are the major factors influencing make or buy decisions ? How are
decisions of make or buy analyzed ? 14
6. What are the objectives of value analysis ? Explain the various value analysis
techniques used for cost reduction. 14
7. What is meant by stores layout ? Discuss the factors considered while planning
layout of stores. 14
_____________________
*SLRXY51* SLR-XY – 51
Seat
No.
P.T.O.
SLR-XY – 51 -2- *SLRXY51*
The V.P. Finance called in Vijay, heard him for a couple of hours, advised him
not to lose heart, assured him that his interests would be taken care of and
requested him to resume duties in purchasing in Unit 2. Vijay was also assured
that no action would be taken on the papers he had put in.
Six months passed by. Then came the time to effect promotions. The list of
promotees was announced and to his dismay, Vijay found that his name was
missing. Angered, Vijay met the unit head who cooly told Vijay that he could
collect his dues and pack off to his house for good. It was great betrayal for
Vijay.
7. Elaborate to approaches to work system design along with its process and state
factors effecting design process. 14
______________
*SLRXY53* SLR-XY – 53
Seat
No.
1. Case Study : 14
CASE – THE INCREDIBLE JOURNEY OF GOOGLE
In its history of 10 years, what the US based technology firm has achieved is
incredible. The company’s search engine has become the prime tool for most
people seeking information on any topic. In July 2006, over 49 per cent of all
Internet searches were conducted on Google, as against less than 25 per cent or
its nearest riveal, Yahoo. From a turnover of $6.1 billion in 2005, the revenues
shot up to $21.7 billion in 2008.
Google Inc. (the name is a play on the mathematical name for 1 followed by 100
zeros) came into in 1998, as the fruit of a project by two computer science Ph.D.
students at Stanford University, Sergei Brin and Lawrence Page. The search
engines in use at that time were not good at understanding user queries and the
answers they delivered typically included many irrelevant links. As Google’s
website proudly claims, ‘Democracy on the web works’ : Google users are typically
able to locate what they want amongst the first few results of a search.
Online advertising, which generates 96 per cent of the firm’s revenue, is kept
separate from the search results. The ‘sponsored search’ allows the customer to
click on sites related to the particular search-advertisers pay for each ‘ click’
that the consumers make on their websites. The price is determined by advertisers
bidding against each other in real-time online auction for the privilege of having
their message displayed when certain key words are entered in the search engine.
P.T.O.
SLR-XY – 53 -2- *SLRXY53*
Google has its presence in India but revenue contribution from Indian operations
was a mearly $200 million in 2008. However, Google pins great hopes on India.
With a head count of 1000 people, its second largest employee base globally
after the US, Google is of the view that it is sitting on top of a veritable goldmine
of online advertising.
With only 6.6 million broadband users, this goldmine might seem a long way off.
But Google’s numbers in India are actually not too shabby. Its social network,
Orkut, has an estimated 13 million active monthly users as of May 2009. Along
with the search page, video service You Tube and its free e-mail (Gmail), Google
India claims to have four of the five leading web properties in India (the fifth being
Rediff). With an active Internet base estimated to be around 50-60 million users,
recent price cuts on broadband offerings as well as cheaper mobile data access
plans have given connectivity a big boost. Auctions for next-generations data
rich 3G mobile networks and Broadband Wireless Access expected by the end
of the year will improve things further. Not surprisingly, global research firm
Forester Research estimates that India will be the world’s third largest broadband
Internet base by 2013.
The business of selling and space to companies can only thrive as long as Internet
users keep flocking to Google’s sites. To retain and attract new users, the company
has been integrating services like railway information, bus schedules, local business
listings, movies, reviews, and geographic information into their search.
Google also provides languages support for people who use Gmail and Google’s
blogging service, Blogger. This service allows users to write a passage in the
“Roman script and the software created by Google will convert it into Hindi and
seven other Indian languages.
Google takes great care while hiring people. The company has fancy for puzzles
and the prospective hires are subject to series of puzzle tests. Those who survive
will find entry into the company.
Googlies on the Way
Google may be sitting pretty as of now. But it must bat firmly as Microsoft’s new
search engine Bing has entered the market already and is poised to cut into
Google’s market. Second, the company has launched too many products, not all
profitable. Further, such proliferation has dented the image of Google as a company
known for focus and simplicity. Third, some products are released not totally
ready for markets.
*SLRXY53* -3- SLR-XY – 53
Fourth, Google has not always anticipated how others might view its projects.
A plan announced in 2004, but conceived much earlier to digitise books in the
collection of major libraries encountered serious opposition from publishers and
authors concerned about infringement of copyright.
Google’s top brass is proactive. Having remained a private limited company for
seven years, Google went public in 2005. The company has huge financial
resources at its command. In the US market, Google’s share of video sharing
fell behind the leader – You Tube. Google decided to acquire You Tube for $ 1.65
billion.16
Questions :
a) IMF
b) Stages in Globalization
6. Explain the growing concern for Ecology, Business values and Ethics as well as
CSR in International Business. 14
_____________________
*SLR-XY-55* SLR-XY – 55
Seat
No.
1. Case study : 14
Prakash was a sales supervisor with a stationery company with around a dozen
salesmen reporting to him. He led a Bohemian i.e. carefree life-style and was
fond of good things in life. Prakash had been appointed a supervisor on the
strength of his seniority. He lacked the other qualities of a supervisory position.
When he was a salesman, he was on black slapping terms with some of his
customers while some others felt scared by him. He obtained results by hook or
crook. As a supervisor, he treated his subordinates as his minions. He expected
the subordinates to pander to his ego and keep him in good spirits. He wanted to
be wined and denied at the cost of his subordinates. His selling effort was minimal.
He wanted his subordinates to foot the bill of his journeys. He wanted them to
provide him a pack of cigarettes every now and then. At the end of the day, he
wanted a treat with a sumptuous meal and liquor.
Such behavior on the part of Prakash had its negative effect on his subordinates.
They got demoralized. Some left out of disgust. A few who continued in absence
of an alternative opportunity worked resentfully. All this affected sales adversely.
Prakash was identified as the key to the problem. He was replaced by a new
supervisor. But what went wrong because of Prakash would not be so easy to
mend.
Could the subordinates have corrected the behavior of Prakash ? What steps
can the organisation take to damage caused by the tenure of Prakash ?
1) Analyse the above case.
2) Identify problem in the case.
3) Suggest alternative solutions.
4) Identify best alternative.
P.T.O.
SLR-XY – 55 *SLR-XY-55*
5. What is need for sales organisation and explain its structure ? Give role of sales
manager in the form of functions and responsibilities. 14
_______________
*SLRXY56* SLR-XY 56
Seat
No.
Instructions : i) Q. 1 is compulsory.
ii) Attempt any two questions from Q. 2, Q. 3 and Q. 4.
iii) Attempt any two questions from Q. 5, Q. 6 and Q. 7.
iv) Figures at right indicate marks.
1. From the following balance sheets of Sun Co. Ltd., you are required to prepare
cash flow statement. 14
Balance Sheets
Liabilities 2012 2013 Assets 2012 2013
Equity capital 9,00,000 9,00,000 Fixed assets 8,00,000 6,40,000
General reserve 6,00,000 6,20,000 Investments 1,00,000 1,20,000
Mortgage loan 5,40,000 Stock 4,80,000 4,20,000
P and L A/c 1,12,000 1,36,000 Debtors 4,20,000 9,10,000
Creditors 3,36,000 2,68,000 Bank 2,98,000 3,94,000
Provision for tax 1,50,000 20,000
20,98,000 24,84,000 20,98,000 24,84,000
Additional information :
1) Investment costing Rs. 16,000 were sold during the year 2013 for Rs. 17,000.
2) During the year 2013 part of the fixed assets costing Rs. 20,000 was sold for
Rs. 24,000.
3) Dividend paid during the year amounted to Rs. 8,000.
4) Provision for tax paid during the year was Rs. 18,000.
P.T.O.
SLR-XY 56 *SLRXY56*
3. X Company Ltd., has a capital of Rs. 10,00,000 divided into shares of Rs. 10
each. It has a major expansion program requiring an investment of another
Rs. 5,00,000. The management is considering the following alternatives for raising
this amount : 14
A) Issue of Rs. 5,00,000 equity shares of Rs. 10 each.
B) Issue of Rs. 5,00,000, 12% preference shares of Rs. 10 each.
C) Issue of 10% debentures of Rs. 5,00,000.
The company is present earnings before interest and tax is Rs. 3,00,000 p.a.
You are required to calculate the effect of each of the above modes of financing
on the earnings per share (EPS) considering that.
1) EBIT of the company will increase by Rs. 1,00,000 after this expansion.
2) Tax liability is at 50%.
You are also expected to suggest the better alternative for the company with
appropriate reason.
____________________
*SLRXY57* SLR-XY – 57
Seat
No.
1. Study the following case carefully and answer the questions given at the end.
Roger has run XYZ Dairies for 16 years, providing a home delivery service for
milk, dairy products and related goods. His product is a combination of goods
(the items he delivers) and services (the delivery and associated jobs he does
for customers). At the heart of operations is an information system that contains
details of Roger’s 500 customers, including their regular orders, special orders,
where to deliver, how they pay, and so on.
Each day the system calculates the likely sales of all products for the following
days. Roger adds some margin of safety, allows for known events (such as local
fairs or holidays) and passes his order to Ubex Dairy. The Ubex dairy is 150 km
away and acts as a wholesaler for local dairies and milkmen in its state. On the
evening after it receives XYZ’s order, the dairy delivers it to a holding depot in
Kolkata. Later it moves the order a further 10 km to a cold store in Howrah. At
5:30 AM the following morning Roger collects his order from the cold store and
starts delivering to customers. This normally takes until 1:30 PM in the afternoon,
but on Fridays he spends more time collecting money and often finishes after
5:00 PM. There are several specific problems facing XYZ Dairies. For example,
there is some variation in daily demand – particularly during holiday periods – so
Roger has to carry spare stock. He cannot carry too much, as dairy products
have a short life and anything not delivered quickly is thrown away. Roger aims
P.T.O.
SLR-XY – 57 -2- *SLRXY57*
at keeping this waste down to 2% of sales. There are also problems maintaining
a service during holidays, when traffic congestion causes delays, and when
Ubex has difficulties with their deliveries. However, Roger’s main concern is
maintaining his sales over the long term.
Demand for doorstep deliveries is steadily declining as people buy more milk at
supermarkets. The number of milkmen in Howrah has declined from ten in 1987
to two in 2008. Most of Roger’s customers have been with him for many years,
but he generates new custom by canvassing, delivering leaflets, special offers,
carrying a range of other products, introducing new services, and so on.
a) Analyze the case. 5
b) Identify the problem. 2
c) Find out alternative solutions. 5
d) Give the best solution. 2
5. List and discuss the various mode of transport used for companies. 14
7. What are the emerging IT technologies that help expedite the flow of goods in
logistics ? 14
——————
*SLRXY58* SLR-XY – 58
Seat
No.
P.T.O.
SLR-XY – 58 *SLRXY58*
7. Explain in detail factors affecting career choices. Enumerate various career stages
with suitable examples. 14
_____________
*SLRXY62* SLR-XY – 62
Seat
No.
a) Entrepreneurial Traits
b) X efficiency Theory
b) What are export oriented units ? How these help for promoting entrepreneurship ?
——————
*SLR-XY-63* SLR-XY – 63
Seat
No.
P.T.O.
SLR-XY – 63 *SLR-XY-63*
_____________________
*SLRXY65* SLR-XY – 65
Seat
No.
7. Tourism industry is the best source to earn foreign exchange to the country like
India.
Give 7 P’s of Tourism industry and suggest strategies to improve tourism
in India. 14
_________________
*SLRXY66* SLR-XY – 66
Seat
No.
P.T.O.
SLR-XY – 66 *SLRXY66*
2. Write notes on (any two) : 14
a) Fundamental analysis
b) Systematic risk
c) Random Walk Theory.
5. Explain the concept, types and process of credit rating. Explain the criteria
usually considered for rating a debt instrument. 14
6. Explain the concept of technical analysis. With the help of diagram, explain the
most commonly used charts in technical analysis. 14
_____________________
*SLRXY7* SLR-XY – 7
Seat
No.
Instructions : 1) Q. 1 is compulsory.
2) Attempt any two questions from Q. 2, Q. 3 and Q. 4.
3) Attempt any two questions from Q. 5, Q. 6 and Q. 7.
3) X agrees to pay Y Rs. 1,000 and in consideration Y agrees to write for him
100 pages within five minutes. Is it a valid contract ?
4) A father and son who were the only members of private company died in an
accident. Does company also comes to an end.
5) X agrees with Y to draw two parallel lines in such a way that they will intersect
each other. Is agreement valid ?
6) ‘X’ promised to marry no one except miss Y and in default to pay her
Rs. 10,000/-. Miss Y sued X since he married someone else. Is agreement
valid ?
P.T.O.
SLR-XY – 7 *SLRXY7*
7. Explain Consumer Dispute Retressal Forum and provisions relating to the same. 14
_____________________
*SLRXY72* SLR-XY – 72
Seat
No.
2) Holder of a call option acquires a right but not an obligation to sell a certain
quantity of foreign currency at a predetermined strike price.
3) An exporter would cover itself for his receivables, if he fears the appreciation
of the currency in which he will be getting his receivables.
4) Purchasing power parity theory considers the inflation rate as the base for
deciding the exchange rate between two currencies. 4
1) IBRD
2) EMU
3) IMF
4) SDR
5) GDR
6) DTAT 6
P.T.O.
SLR-XY – 72 -2- *SLRXY72*
1) Cross Rate
2) Ask Price
3) Put option
4) Currency at Discount. 4
1) Convertibility
2) IMF
3) Suppliers credit. 14
4. Identify the route that can give maximum arbitrage gain from the following data –
5. An Indian importer has to pay L 3,00,000 after two months. He fears an appreciation
of Pound sterling. The following data is given spot Rate – Rs. 80.00/L
UK – 7% P.a.
1) NASDAC
2) SWAP
3) EXIM Bank. 14
*SLRXY72* -3- SLR-XY – 72
Assuming 10% discounting factor, you are required to suggest whether to purchase
or not the new machine.
———————
*SLRXY76* SLR-XY 76
S e a t
N o .
P.T.O.
SLR-XY 76 -2- *SLRXY76*
4) With regard to methods of controlling computer-based information systems,
the use of locks and security doors are examples of
a) physical protection
b) biometric controls
c) telecommunications controls
d) auditing
5) A security measure to stop unauthorized access to documents is
a) business continuity/disaster recovery
b) physical access restrictions
c) backup/restore
d) network access control
B) fine the terms. (Answers must be to the point and in one or two sentences) : 5
1) Computer Crime
2) Password
3) Computer Virus
4) Firewall
5) Internal Control.
C) State true or false : 4
1) Most security incidents stem directly from the activities of people and particularly
from staff.
2) Information is valid, complete and accurate is called integrity.
3) Control is the process through which manager assures that actual activities
are according to standards leading to achievement common goals.
4) Input control is further divided into hardware and software control.
5. As a system auditor, what control measures will you check to minimize threats,
risks and exposures in a computerized system ? 14
_____________________
*SLRXY78* SLR- XY – 78
Seat
No.
Instructions : 1) Q. 1 is compulsory.
2) Solve any two questions from Q. 2, Q. 3 and Q. 4.
3) Attempt any two questions from Q. 5, Q. 6 and Q. 7.
1. Case study :
Financial Technologies Group (NSE : FINANTECH, BSE : FINTECH) is a leader
in providing technology and domain IP (intellectual property) to trade on next-
generation financial markets (exchanges) that can transform lives of common
people by propagating key benefits such as price transparency, trade efficiency,
risk hedging and structured public finance, making these available to the masses.
An engineering graduate from the University of Mumbai, who started career with
the Bombay Stock Exchange (BSE), working on implementation of its online
trading system, Mr. Jignesh Shah initially trained and gained experience in
technology and trading operations at the world’s leading exchanges in USA, UK,
Singapore, Hong Kong and Japan. Soon he spotted the opportunity to make
financial markets more affordable and accessible to the common man through
technology – effectively shifting power from, ‘Wall Street to the man on the
street’. He founded Financial Technologies in 1995 with three of his BSE
colleagues, after they gave up their lucrative US job offers and decided to leverage
the technology and domain expertise, obtained in the USA – for India. The
US$ 10,000 company he financed by mortgaging his home has grown to a
US$3-billion globally respected enterprise in less than 12 years.
Mr. Shah is considered an architect of modern financial markets for his role in
creating a successful Public Private Partnership (PPP) model that can help unlock
significant value from the middle and bottom of the socio-economic pyramid by
P.T.O.
SLR- XY – 78 -2- *SLRXY78*
leverage technology and financial markets to level the playing field for creating
jobs, not just for the privileged few who have higher education and know English
but also for the vast majority of the semi-educated populations who have the
trading and entrepreneurial skills but do not have the platform to scale and succeed.
1) Read the case and analyse it. 4
2) Why Mr. Shah is considered an architect of modern financial markets ? 5
3) Explain role of Mr. Shah in social and economic development. 5
_____________________
*SLR-XY-79* SLR-XY – 79
Seat
No.
Paul Polman has been the CEO of Unilever, the world’s third biggest consumer
goods manufacturer, since January 2009. Polman has embedded sustainability
at the core of Unilever’s business as a result of his belief in sustainable and
equitable capitalism. He believes that business has to learn to be successful
while contributing to society and supporting environmental sustainability. Under
his leadership Unilever has embedded the three pillars of sustainability into its
corporate structure and business strategy. This is being achieved through the
implementation of Unilever’s Sustainable Living Plan. This plan covers Unilever’s
entire supply chain and aims to double Unilever sales while reducing its overall
environmental footprint and increasing its positive social impact.
Polman is aiming to be a leader, not only for his company, but for the industry by
illustrating the business case for sustainability through the Sustainable Living
Plan. “If we hit all our targets on this plan, but no-one else follows suit, we will
have failed miserably,” says Polman. “We are trying to show that you can be
successful as a business and at the same time show the financial community
this should be one of the better drivers for their investments.”
Polman hopes Unilever’s actions will help move companies away from a focus
on short-term profit and reconnecting business to a sense of purpose. To support
P.T.O.
SLR-XY – 79 -2- *SLR-XY-79*
Polman has acknowledged his action originally caused controversy among Unilever
shareholders but stated. “If you believe in something you have to fight for that
and have the courage to take the tougher decisions that come with it.”
Polman vision appears to be working ; the share price of Unilever has doubled
since he has been CEO.
Polman have committed values-based executive leader who position the business
for short and long-term success by driving the company to adapt to – and
influence – structural social, economic and environmental trends and who foster
organization capacity for change and innovation to create sustainable business
models and solutions for the future.
Questions :
1) Identify the kind of leadership mentioned in the case. 4
2) Describe the leadership of Mr. Paul Polman. 5
3) What would be the benefits of above identified leadership to an organisation ? 5
_______________
*SLRXY80* SLR-XY – 80
Seat
No.
5. Late Peter F. Drucker had said “Consumerism is the shame of the total market
concept”. Comment giving your views on the rise of consumerism in India. 14
6. Describe about the importance of the adoption process and explain the stages
involved in the adoption of new products. 14
_____________________
*SLRXY81* SLR-XY – 81
Seat
No.
Instructions : 1) Q. 1 is compulsory.
2) Attempt any two questions from Q. No. 2, 3 and 4.
3) Attempt any two questions from Q. 5, 6 and 7.
1. A Steel Ltd. is considering two mutually exclusive projects. Both require an initial
cash outlay of Rs. 10,000/- each and have a life of five years. The companies
required rate of return is 10% and pays tax at 50% rate. The project will be
depreciated on a straight line basis. The profit before depreciation and taxes
expected to be generated by the projects are as follows :
Year 1 2 3 4 5
Project 1 (Rs.) 4,000 4,000 4,000 4,000 4,000
Project 2 (Rs.) 6,000 3,000 2,000 5,000 5,000
P.T.O.
SLR-XY – 81 -2- *SLRXY81*
5. Describe the decision tree approach with the help of an example. How is this
technique useful in capital budgeting ? 14
7. Explain Venture Capital. Explain its features and the early stage of Venture
capital financing. 14
_______________
*SLRXY82* SLR-XY – 82
Seat
No.
1. Study the following case carefully and answer the questions given at the end.
A group of 12 workers were responsible for assembling water heating geysers. A
number of different models with different capacities were being manufactured.
With appropriate small tools, each worker assembled a part of the geyser. The
partially completed geyser was transferred from one workstation to another.
When the geyser was completed an inspector would check it over to ensure that
it was working properly. The geyser was then placed for proper packaging in
different containers.
The assembly line was properly balanced by industrial engineers who had used
time and motion study to break jobs into subassembly tasks. The time required
for each subassembly had also been balanced so that the task performed by
each worker was supposed to take exactly the same amount of time.The workers
were paid on an hourly basis.
The Inspector observed that morale amongst workers was low and there were a
percentage of badly assembled geysers. Rejects caused by the worker rather
than faulty materials were about 25%.
After discussing the issue with management it was decided to have a meeting
with the workers. The workers were asked whether they would like to build the
geysers individually. The workers agreed with an option of going back to the old
program if the new one did not work well. After several days of training each
worker began to assemble the entire geyser.
The workers were ably supported and motivated by the Inspector. Productivity
increased considerably. Controllable rejects caused by workers had dropped
from 25% to 2% in 6 months. The workers had responded positively and their
morale was high and the workers did all the routine inspection by themselves.
The Inspector was transferred to another job in the organization.
P.T.O.
SLR-XY – 82 *SLRXY82*
Questions :
a) Analyze the case 5
b) Identify the problem 2
c) Find out alternative solutions 5
d) Give the best solution. 2
5. Define Work Study and explain its scope in raising the productivity in an enterprise ? 14
7. Distinguish between normal and working areas ? Discuss their relation to workplace
arrangement. 14
_____________________
*SLRXY83* SLR-XY 83
S e a t
N o .
P.T.O.
SLR-XY 83 -2- *SLRXY83*
Fair wages : Reebok will seek business partners who share our commitment to
the betterment of wage and benefit levels that address the basic needs of workers
and their families so far as possible and appropriate in light of national practices
and conditions. Reebok will not select business partners that pay less than the
minimum wage required by local law or that pay less than prevailing local industry
practices (whichever is higher).
Child labour : Reebok will not work with business partners that use child labour.
The term child generally refers to a person who is less than 14 years of age, or
younger than the age for completing compulsory education if that age is higher
than 14. In countries where the law defines child to include individuals who are
older than 14, Reebok will apply that definition.
Freedom of association : Reebok will seek business partners that share its
commitment to the right of employees to establish and join organizations of their
own choosing. Reebok will seek to assure that no employee is penalized because
of his or her non-violent exercise of this right. Reebok recognizes and respects
the right of all employees to organize and bargain collectively.
Safe and healthy work environment : Reebok will seek business partners that
strive to assure employees a safe and healthy workplace and that do not expose
workers to hazardous conditions.
1) Which of the above mentioned Human rights are not sincerely followed in
India ? Explain with examples.
2) Why is Reebok interested to have partners who give more importance to
Human Rights Protection ?
1) What do you mean by social security ? Explain the meaning and importance
of social security.
6. What is industrial dispute ? What are the causes of industrial dispute ? What
are the preventive remedial measures to avoid industrial dispute by the dispute
settlement machinery ? 14
7. Explain the role of trade union in industrial relation. Explain the objective provisions,
duties, liabilities of registered trade union as per Trade Union Act, 1926. 14
_______________
*SLRXY84* SLR-XY – 84
Seat
No.
P.T.O.
SLR-XY – 84 *SLRXY84*
5. Explain in detail the causes for low productivity. Enumerate irrigation management.
Explain production and supply of farm products and production function and its
type. 14
––––––––––––––––––––
*SLR-XY-85* SLR-XY – 85
Seat
No.
P.T.O.
SLR-XY – 85 -2- *SLR-XY-85*
Many analysts are, however, sceptical about Kodak’s financial and profit
restoration in the new environment. They argue that thermal printer ribbons,
coated papers and inks do not offer 60 percent margin which film commanded.
However, Kodak’s supporters maintain that the critics are missing an important
element of the turnaround : profit margin on sales to consumers and in the industrial
(B-to-B) market can reach or even exceed, a steady 30 percent.
Kodak has gradually unfolded its product and business strategy. Responding to
customer requirements, the company has opened 55,000 self-service kiosks
doing brisk business in retail stores far more than rivals like Fuji and Sony.
Kodak’s printing docks and other devices for simplifying making of prints at
home are also bestsellers. Kodak commands almost 57 percent of the market
for snapshot printers which make 4'' by 6'' prints. This guarantees the company
a good share of the market for the coated papers and thermal ribbons which the
printers use. Although, Kodak does not make consumer inkjet printer, it is only
second to Hewlett-Packard in sales of Inkjet papers.
As part of its product and extension strategy, Kodak has moved forward from
digital innovations in cameras. To strengthen and achieve synergy in print
solutions, Kodak has gone for related diversification through acquisition.
Kodak bought Sun Chemical’s 50 percent of Kodak polychrome graphics which
sells film based and digital products. The company has also taken over
Heidelberger’s share of NexPress solutions which makes large digital printers.
These two operations, combined with other acquisitions, give Kodak a full line of
commercial printing products and complete the new product strategy.
1) Analyze the case study
2) Identify the problem
3) Generate possible alternatives
4) Choose the best alternative.
6. What is transfer price ? What are the three basic factors affecting price in any
market ? What considerations enter into the pricing decision ? 14
_______________
*SLRXY86* SLR-XY – 86
Seat
No.
Instructions : 1) Q. 1 is compulsory.
2) Solve any two from Q. 2, 3 and 4 and any two from 5, 6 and 7.
1. Case Study. 14
Normalize the following up to 3NF
Application Serial No., First Name, Surname, Middle Name,
Address, City, Pin Code, Phone No., E-mail, Course Name,
Application date, Academic year, Form Fee Receipt No,
form fee receipt date, Form fee amount, Payment mode,
DD/Cheque number.
P.T.O.
SLR-XY – 86 *SLRXY86*
_______________
*SLRXY87* SLR-XY – 87
Seat
No.
1. Case Study :
The case is about Indian Retail Opportunities in future. The shop is the most
substantive unraveling of intellectual and information exchange of the retail
business in the Indian subcontinent. It presents the business of retail in the region
to a global audience with the express aim of facilitating, understanding about
encouraging investment in this massive marketplace.
At India Retail Forum, It is a congregation of some of the best retail brands
companies and minds from across the globe, from diverse retail-related segments,
from retail estate and design and architecture, to visual merchandising, retail
support and technology based Indian retail has to play a part larger than its
definition implies. The industry is in a catalyst’s role to fulfill in the country’s
economic destiny, a destiny that is finally finding it. Economic prosperity also
means higher standards of living and high consumption levels and only an efficient
and organized retail sector can ensure and sustain this growing demand of the
evolved consumer. The challenges of the newly found growth are tremendous
and as they say can make or undo the story. The Shop is a market date for all the
industry’s head honchos, brands, retailing mall and shopping center developers,
real estate firms, architects and designer logistics and technology support vendors.
In essence, the shop takes to the world and gets the world to understand and
appreciate the fastest growing consumerist region of modern times. This case
conveys the message about opportunities and growth for retail in India. Organized
retail ensures customers about future scope and advantages.
P.T.O.
SLR-XY – 87 *SLRXY87*
5. What is rural marketing mix ? Discuss in brief marketing strategies for rural
market. 14
7. Explain the term retial marketing. Different types of retial formats are influencing
on consumer perception towards retail business in India. 14
_____________________
*SLRXY88* SLR-XY – 88
Seat
No.
1. Mr. Shivraj aged about 40 years is a sales manager with an engineering company.
His take home pay is around Rs. 30,000 per month. His family consists of his
wife and two children aged 13 years and 8 years. He believes in the philosophy
of “living for today and that tomorrow will take care of itself”.
Therefore, he does not have any investment plan and not much savings either.
His astrologer has told him that he will live long and therefore he has still not
taken LIFE or MEDICLAIM insurance policy.
His wife manages the house and takes tuitions for school children and earns
about Rs. 5,000 a month. However, she managed to purchase about 25 grams of
gold so far out her savings.
You are his investment advisor. You are required to give reasons and explain to
Mr. and Mrs. Shivraj that buying an insurance policy should be their first priority.
Also recommend the suitable type and term (years) of policy for them. In addition
also suggest other investment avenues to them. 14
5. There are two alternatives available for investment. Mr. Jay is planning for
investing in one of these securities. With the help of given information select
the best alternative on the basis of expected rate of return and standard deviation. 14
Outcome Company A Company B
Expected return Probability Expected return Probability
1 6 0.3 8 0.2
2 10 0.5 14 0.5
3 12 0.2 18 0.3
7. Explain the concept of fundamental and technical analysis. Briefly discuss about
commonly used charts in technical analysis. 14
________________
*SLRXY89* SLR-XY – 89
Seat
No.
1. Study the following case carefully and answer the questions given at the end.
Wind Energy Limited (WEL) was the manufacture and seller of wind turbine
generators. In a short span of a decade and a half since its inception in 1990 the
company became the third largest global player in the global wind energy market
by following a strategy of cost effective solutions to bridge the demand and
supply gap in the wind energy equipment market. The company offered a wide
range of products and developed a vertically integrated supply chain for
components. With a Mission of becoming a global leader and a provider of state
of the art wind turbine generators at the most competitive price, Wind Energy Ltd.
followed an aggressive acquisition plan to expand its technology base and product
range. To attune with its mission the strength of its staff increased from 36 in
1990 to over 10,000 in 2005.
The same year the company started receiving complaints about defects in the
wind turbine blades supplied to its customers in the USA. WEL was able to
address the issue promptly and offered solutions which were appreciated by it
customers. However the incident had an adverse effect on its reputation which
affected the inflow of orders adversely. The industry considered this issue
negatively and many were apprehensive about WEL’s capability to provide reliable
wind turbine blades.
Just as the issue seemed to be under control a year later reports of cracks in
blades supplied by WEL appeared in Industry Journals. It was reported that the
cracking was because of extreme gusts in the region. There were reports about
lower availability of turbines, its incompatibility with the electricity grid and regular
breakdowns due to cold weather in projects managed by Natural Energy Ltd.
P.T.O.
SLR-XY – 89 *SLRXY89*
one of the largest customers of WEL. Natural Energy Ltd. had purchased 350
turbines from WEL and had called for an emergency meeting with WEL officials.
WEL accepted the defects and vowed to analyse the problem and give a solution
within 3 months. Market buzz was that Mission of WEL was a reason for some
crucial tests like life cycle and destructive tests on blades being bypassed.
2 months later the VP-Quality Management of WEL announced that the company
had come up with a plan to overcome the issue occurring at Natural Energy Ltd.
He declared that WEL would undertake up a retrofit program to solve the blade
cracking problem in the turbines. The company announced that the retrofit required
structural strengthening of all the blades and would complete the task within 6 months
and for this purpose the company had provisioned an amount of $100 million. A
couple of days after the announcement WEL’s stock crashed by 30%.
Questions :
a) Analyze the case 5
b) Identify the problem 2
c) Find out alternative solutions 5
d) Give the best solution. 2
2. Write short notes on any two : 14
i) Quality and competitive advantage
ii) Juran Quality Trilogy
iii) Quality Audit.
Mr. Prakash has been watching the proceedings calmly and keeping the
management in touch with all these developments. However, Mr. Prakash has
been quite work-conscious and top management found his performance under
such a political atmosphere to be satisfactory. Prakash’s pleasing manners and
way of maintaining human relations with different levels of employees did, however,
prevent anti-Prakash wave in the company. But in view of the polticalisation,
there is no strong pro-Prakash’s group either.
1) Challenges to remuneration
2) Development centre
5. Define fringe benefits. Explain in detail the various types of fringe benefits. 14
7. Explain the nature of incentives. State the detail the incentives for sales people
and professional employees. 14
––––––––––––––––––––
*SLRXY91* SLR- XY – 91
Seat
No.
1. Mr. Rakesh Desai, the Chairman of Annpurna Food Products Ltd. [AFPL], calls a
special meeting of the Board of Directors of his company. He reels out a lot of
data and estimates for building a case for his company entering into a new
venture, viz., the production of soft drink of fruit pulp variety – a product closely
related to the company’s present business of food. Moreover, given the growth
figures of soft figures of soft drink business in the past 20 years, the prospects
of its growth in future seem to be quite strong. Mr. Desai strikes upon the members
the urgency of taking the decision because it will help maintain the profitability
level that the company has achieved now. Any delay, he believes, will mean the
loss of a very fruitful opportunity which may not be available again for a long time.
To convince the members he stresses the following aspects :
1) There is likely to be stiff competition from the two existing dominant
companies-the highlands and the lowlands – their main product being cola
drinks.
2) There is still room for entry, as has been revealed by the successful entry of
new players in the field in the past few years.
3) AFPL has experience in the manufacturing of food products [which are allied
items] and in the bottling activity. No new bottling plant would be needed. The
company has a well-developed transportation and distribution network existing
at present. However, no cost details have been worked out regarding these
factors.
P.T.O.
SLR- XY – 91 *SLRXY91*
4) AFPL, being late entrant, can introduce the latest technology and would,
therefore have cost advantage.
5) The soft drink market has reasonably good returns but it is a highly risky
market.
6) Developing brand loyalty is likely to be costly and extremely difficult, though
the promotional efforts should be greatly aided by the fact that the company
has a high degree of consumer recognition.
Mr. Desai feels that the above information is good enough for the members
to give a ‘go-ahead’ signal for the new project. He wants the board to take
decision immediately as this opportunity should not be missed. 14
1) Analyze the case
2) Identify the major issues
3) Recommend alternative solution
4) Suggest the best solution.
2. Write short note (any two) : 14
1) Agro based industries
2) Flowery culture
3) Problems of cottage and small scale industries.
3. Write short note (any two) : 14
1) Causes of rural unemployment
2) Marketing of yarn
3) Agreement on agriculture.
4. Write short note (any two) : 14
1) Excess stock with sugar factories
2) Global challenges before co-operative spinning mills
3) Structure of Co-operative banks in India.
5. Describe in detail Dairy Co-operative in Maharashtra. 14
6. Describe in detail Co-operative Sugar Industry in Maharashtra. 14
7. Describe in detail Promotional measures of KVIC like subsidies, incentives
and financial inputs. 14
_____________________
*SLRXY92* SLR-XY – 92
Seat
No.
1. Case Study : 12
Bretton Woods, Reversed
A number of IT countries are currently in an apparently durable monetary regime;
this is the most striking contrast with previous international monetary systems
such as the Bretton Woods system. But there are many others. In fact, there are
so many points of comparisons between the features of the Bretton Woods system
and the behaviour of the inflation targeters. Most of the differences are
straightforward between the systems are straightforward. Mundell’s celebrated
“Incompatible Trinity” states that fixed exchange rates, free capital flows and a
domestic focus for monetary policy are desirable goals that are mutually exclusive.
Most IT countries have liberalized capital markets and relinquished control over
their exchange rates, the exact opposite of the Bretton Woods system. 26 Since
the IT countries float, there is typically no important role for public capital flows
anymore; speculative activity on the foreign exchange markets revolves around
floaters, not speculators trying to attack a country’s fixed rate. And the ten
increased volume of private capital flows has allowed the system to handle large
sustained current account imbalances, which are proportionately larger now than
during the Bretton Woods regime. The current system seems to be delivering
P.T.O.
SLR-XY – 92 -2- *SLRXY92*
different (often better) economic outcomes than the Bretton Woods regime. But
it is also interesting to trace the history of the system. The Bretton Woods
system was deliberately planned, the outcome of a long series of negotiations
between eminent economists representing the interests of critical countries.
“Bretton Woods” itself is the name of the resort town in New Hampshire where
the conference delegates signed the agreements for the International Monetary
Fund, the World Bank and the ITO/GATT in July 1944. The deliberate design and
construction of the Bretton Woods system can be contrasted with the evolution
of the current system. Countries that adopt IT do not agree to join an internationally
recognized monetary system and do not accept commonly accepted “rules of
the game” either implicitly or explicitly. Rather, the system has grown in a more
Darwinian style, simply because of its manifest success. International cooperation
is simply not a key part of the current international monetary system. This is
another difference with the Bretton Woods system which required massive
international cooperation to function. 27 accordingly; many of the key institutions
of the Bretton Woods system are now essentially irrelevant. The International
Monetary Fund has evolved into a crisis-manager for developing countries (often
those suffering speculative attacks on their fixed exchange rate regimes), and
plays no real role in the new system. There is no special role for a center or
anchor country like the United States that is, no “N/N-1 problem”. Gold is irrelevant
(as is the SDR). Developing countries are participating more quickly and fully in
the system than they did under Bretton Woods. They key 11 players are central
banks; these are now more independent, accountable and transparent than under
Bretton Woods. One final point is of interest. Serious objections had been made
to the Bretton Woods system by well-known economists long before its demise.
Robert Triffin observed as early as 1947 that the system had a tendency to meet
the demand for reserves through the growth of foreign dollar balances, making it
dynamically unstable. Milton Friedman famously made the case for floating
exchange rates in 1950, a case emphatically echoed by Harry Johnson in 1969.
By way of contrast, there is a much greater alignment of IT with academic thought.
Indeed, much of the case for inflation targeting was made by distinguished
academics including Ben Bernanke, Rick Mishkin, and Lars Svensson.
*SLRXY92* -3- SLR-XY – 92
_____________________
*SLRXY93* SLR-XY – 93
Seat
No.
Instructions : 1) Q. 1 is compulsory.
2) Attempt any two questions from Q. 2, Q. 3 and Q. 4.
3) Attempt any two questions from Q. 5, Q. 6 and Q. 7.
4) Figures to the right indicate full marks.
1. Analyse the following case, identify the problem, suggest alternative solutions
and suggest the best solution : 14
XYZ Ltd. is public electronic funds transfer network company that operates
switches in the capital cities of all states in India. Because much of the data
transmitted throughout the network is sensitive, the data must be encrypted to
preserve its privacy and to prevent and detect any unauthorized alterations to
the data.
To implement encryption facilities throughout the network, XYX uses secure
encryption devices. These devices are placed at each end of a communication
line. They store the encryption key and they perform encryption and decryption
functions. Before a new customer can use the network XYZ must install a black
box at the customer’s site. Thus when the customer transmits data to a Centnet
switch, it is encrypted by the black box before transmission. Similarly when the
customer receives data from a Centnet switch, it is encrypted before it is
processed on the customer’s computer.
Each customer in the network chooses his or own encryption key. During the
initial installation of a customer on the network, the customer is asked to generate
randomly a 16-bit key. The customer is advised strongly to generate the key as
two separate 8-digit parts. Each part should be known only by one customer
employee, that is, no customer employee should be privy to the fully key. When
the key has been generated, each part should be securely stored at different
locations by the customer.
P.T.O.
SLR-XY – 93 *SLRXY93*
To install the key in the black boxes, the two customer employees who know the
separate keys must attend a Centnet office. The key is installed using a secure
terminal to which a black box is first attached. Behind closed doors, one customer
employee enters the first part of the key into the secure terminal. After the entry
is completed, the second customer employee enters the second part of the key
in the same manner. Thus Centnet employees do not know the keys entered by
the customers, nor does the customer employee know the full key.
After key entry has been completed, the contents of the black box are copied
securely into two other black boxed. Thus, black boxes ultimately hold the
encryption key. One is then installed at the Centnet switch, the second is installed
at the customer site, and the third is for backup purposes.
6. What are the various types of security attacks that threaten security of IT/IS ? 14
7. Briefly define what is meant by a security program. What are the eight major
steps that must be undertaken during the conduct of a security program ? 14
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S e a t
N o .
Instructions : Q. 1 is compulsory.
Attempt any two questions from Q. No. 2, to Q. No. 4.
Attempt any two questions from Q. No. 5 to Q. No. 7.
Figures at right indicate marks.
1. Case Study : 14
Cultural barrier or Catalyst.
Cultural barriers is one of the most talked about in international business problems.
It is, however, very interesting to note that cross-border transmission of culture
is very rampant. Many politicians, sociologists and others are highly critical of
the invasion of the Western culture in the developing countries. The export of
American culture is interpreted as mean to spread American imperialism. The
Coca Cola culture or the corn flakes culture or the pop culture, the term which
has come to be very broadly used to include, besides the pop music and associated
thing, the Western products and styles such as foreign jeans, cola drinks, fast
foods, Hollywood movies and like the youth, particularly, are crazy about, has
fast spread to the developed and developing countries. The emergence of culture
as economic goods that can be traded-crafts, music, films, TV programmes,
software, books, tourism etc.-has contributed very substantially to the
globalization of culture.
A UNESCO study shows that world trade in goods with cultural content-printed
matter, literature, music, visual arts, cinema and photographic, radio and television
equipment-has grown tremendously. For the United States the largest single
export industry is pilot aircraft, computers or automobiles-it is entertainment, in
films and television programmes. Hollywood films grossed more than $30 billion
worldwide in 1997 and in 1998 a single movie, Titanic, grossed more than $1.8
billion. As the Human development Report 1999 points out, the vehicles for this
trade in cultural goods are the new technologies. Satellite communications
technology from the mid-1980s gave rise to a powerful new medium with a global
reach and to such global media networks as CNN. The development of the Internet
is also spreading culture around the world, over an expanded telecommunications
infrastructure of fiber optics and parabolic antennas.
P.T.O.
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The Report referred to above points out that the global market for cultural products
is becoming concentrated, driving out small and local industries. At the core of
the entertainment industry-film, music and television-there is a growing dominance
of US product, and many countries are seeing their local industries wither. Although
India makes the most films each year, Hollywood reaches every market, getting
more than 50 percent of its revenues from overseas, up from just 30 percent in
1980. It claimed 70 percent of the film market in Europe in 1996, up from 56
percent in 1987 and 83 percent in Latin America and 50 percent in Japan. By
contrast, foreign films rarely make it big in the United States, taking less than
three percent of the market there. In the light of the above account, evaluate the
view that culture is a highly difficult barrier to international business. Lot of
implications of the spread of pop culture for business. State the reasons for the
adoption, particularly by the youth, of the pop culture. Can pop culture encourage
achievement motivation. Discuss the social implications of the pop culture.
6. What is Product ? Briefly discuss the product decisions and product life cycle in
global market. 14
7. Explain the term Global Marketing Environment and its various components. 14
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Seat
No.
P.T.O.
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6. The US price index moves from 110 to 125 and the Japanese price index
moves from 105 to 110 over a period of two years. The spot exchange rate
is $ 1 = Yen 112. What would be the spot exchange rate in 2 years ? 14
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*SLRXY96* SLR-XY – 96
Seat
No.
1. Study the following case carefully and answer the questions given at the end :
In 2005, ABC Inc., USA was faced with a financial crisis with many of its leading
drugs nearing patent expiry. The company announced cost-cutting initiatives
including a reduction of its annual budget by US$A billion. However, the company
realized that cost-cutting measures alone wouldn’t suffice.
To ensure that ABC once again moved to a strong position, it had to adopt a
strategy to leverage its human capital in an efficient manner. On analyzing the
activities of the employees, Tim Knight the head of ABC works program, found
that instead of focusing on high-value work for which they were recruited,
employees spent a disproportionate amount of their time on mundane tasks such
as data entry, researching, creating documents, working with PowerPoint, etc.
He researched and found out that outsourcing of tasks was a possible solution
to the problem at ABC and he profiled several of India’s virtual-assistant companies
which would device a program to meet Knight’s objective. Knight decided to
outsource the time wasting tasks to two Indian based Business Process
Outsourcing (BPO) firms, which was well appreciated by the employees. According
to Knight, the ABC works program had helped increase productivity of its
employees and these highly-paid employees of ABC were now able to better
focus their time and attention on more strategic aspects of their work rather than
waste precious time and effort on less important and routine tasks. Thus
executives now had more time to focus on higher level tasks which also resulted
in reduction in project related costs.
P.T.O.
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However some industry observers were not happy about the initiative as they
felt that instead of outsourcing these tasks to other countries, these should have
been outsourced to companies or people in the USA itself. Over time this line of
thinking got support even from executives of ABC. Tim Knight was to make a
presentation on whether to continue with the existing Indian BPO firms or to
outsource the work to USA firms.
Questions :
i) Analyze the case. 5
ii) Identify the problem. 2
iii) Find out alternative solutions. 5
iv) Give the best solution. 2
5. What are the challenges for HRM in global business ? Explain the impact of inter
country differences on HRM. 14
7. State the meaning of recruitment and selection. Explain new trends in recruitment
and selection in IHRM. 14
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*SLRXY98* SLR-XY – 98
Seat
No.
1. Lettuce Farmer : The farmer is Mr. Mao Sorn from, Kro Heng Commune, Kampong
Speu Province. He is 37 years old and attended primary school up to Grade 3.
His family has 8 members ; his wife who finished Grade 7, two sons, three
daughters, and his mother. Three family members help in farm operations, particularly
vegetable and rice growing. Aside from lettuce, he also grows other vegetables,
such as tomato, cucumber, pea, okra, zucchini squash (green and yellow varieties),
pakchoi and egg plant.
Mr. Mao Sorn contacted Lucky Supermarket in Phnom Penh through the
intervention of the Peri-urban Agricultural Center (PUAC). Lucky Supermarket is
a chain of supermarkets in Cambodia.
Mr. Mao Sorn has been a vegetable grower since 1991 but started supplying the
supermarket in 2006 when he joined the Khmer Farmer Garden, a project of PUAC.
PUAC is the only intermediary and driver of the supply chain from the farmer to
supermarkets. PUAC’s main requirement is that farmers should employ organic
lettuce culture without chemical fertilizer (only liquid compost is used) and no
pesticide spray. The other requirement is that lettuce should be free of defects
due to leaf spotting, wilting, rotting or physical damage. Lettuce varieties grown
in his 30 m × 50 m vegetable farm include Romaine, Frisee, green Batavia, red
Batavia, Red Sun, BHR, BHG, Oak leaf green, Lolo Rossa, and Lolo Bianda.
These varieties are all-season crops and can be harvested 45 days after planting.
P.T.O.
SLR-XY – 98 *SLRXY98*
N o .
P.T.O.
SLR-XY 99 -2- *SLRXY99*
Amazon.com grew its sales at a very fast rate than other retailers, with its 93%
annual growth rate. Its virtual marketing channel (Figure) made it the earths
biggest book store in July 1995; since then it has expanded into a wide range of
product lines. Dell computer sells personal computers directly through the Internet
to its global customers on build to order basis rather than build to forecast
basis. However, the firm has a very efficient supply chain management system
so as to ship PCs on a local or regional basis.
While globalization in the 1980s initially sent FDI2 and low-value added
manufacturing jobs to low-cost countries, the next stage of globalization, however,
witnessed the shift of white-collar jobs to these developing countries, ranging
from basic research and chip design to engineering and financial analysis. In
India, IT service designs, call centres and back-office work of large global
corporate houses generate about $ 10 billion in exports. Indian providers such as
Infosys, Tata and Wipro are recognized global leaders in their fields and many IT
firms from the US are hiring their services. The Peoples Republic of China has
become a key product developer for General Electric, Intel Microsoft, Philips
and other electronics multinationals. Many global companies approach Chinese
firms for hardware design and embedded software. In the Philippines, more than
8,000 foreign companies source their work to nine different Information Technology
(IT) parks equipped with fiber-optic links in the country. The country is known for
its English-speaking workforce, college-educated accountants, software writers,
architects, telemarketers and graphic artists.
With digitization, the Internet and high-speed data networks as the driving force,
all kinds of knowledge-related work can now be done almost anywhere in the
world. Corporate down sizing in the US and Europe is also helping in creating
more high skilled jobs in developing countries. It is estimated that nearly 600,000
jobs will have moved from the US to low-wage countries by 2005, including
295,000 in office support and 109,000 in computer-related activities. This figure
is estimated to rise to more than 3 million by 2015, including 1.7 million in office
support and almost 500,000 in computer-related occupations. This covers a wide
range of professions, such as life sciences, legal services, art and design,
management, business operations, computing, architecture, sales and office
support.
The recipient countries, in turn, are helped by a large supply of educated and
highly skilled workforce and the high rate at which these countries produce
university graduates. The PRC, for instance, produces twice as many graduates
in mechanical engineering as the US does. In the Philippines, which produces
about 380,000 college graduates a year, there now exists an oversupply of
accountants trained in US accounting standards, while India has more than
500,000 IT engineers.
*SLRXY99* -3- SLR-XY 99
Questions :
1) What is the importance of E-channels in todays international business ?
2) Discuss the growth of retail and service sector industries in recent years.
5. Explain the meaning and importance of logistic and supply chain management in
international business. What is the role of government in controlling international
trade and its impact on logistics and supply chain ? 14
7. Explain the role and importance of IT in supply chain management. What is the
role of MR, DRP, ERP, PDM, EIP etc in providing IT solutions for supply chain
management ? 14
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