Distance Education
Distance Education
Distance Education
DISTANCE EDUCATION
11
M.B.A. (PM) DEGREE EXAMINATION, DECEMBER 2010. First Semester MANAGEMENT CONCEPTS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. Discuss the concept of Management as Profession. Explain the various characteristics of planning. Explain the process of Decision-making. Discuss the features of a Good Organisation. Distinction between Formal Organisation and Informal Organisation. What is Departmentation? State the importance of Departmentation. Explain the characteristics of an Ideal control system. Define staffing. Explain the importance of staffing in management. PART B (4 15 = 60 marks) Answer any FOUR questions. Management is a force which leads, guides and directs any organisation in the accomplishment of pre-determined objectives. Explain. Planning involves a choice among alternatives. Do you agree? What is Functional disadvantages. Organisation Structure? Discuss its advantages and
Explain the term decentralisation. What are the advantages and disadvantages of decentralisation? Define communication. What are the common barriers to communication? What is meant by co-ordination? Explain the need and importance of co-ordination. Explain the span of control. Discuss, if wide spans are ideal.
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DISTANCE EDUCATION M.B.A. (P.M.) DEGREE EXAMINATION, DECEMBER 2010. First Semester ORGANISATIONAL BEHAVIOUR (2005 onwards)
What do you mean by organisational behaviour? Explain its elements. What are the main components of attitudes? Explain five personality model. What are the factors affecting individual performance on motivation? Explain different types of power. Explain theories of group formation. What are the steps for making communication effective? What are the contingent factors in organisational design?
PART B (4 15 = 60 marks) Answer any FOUR questions. Explain personality theories? Explain perceptual selectivity. Explain communication network. Explain theories of motivation. What are the factors determining the resistance these changes. What is stress? Explain its causes and effects. Explain organisational model. to change? How to overcome
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M.B.A. (PM) DEGREE EXAMINATION, DECEMBER 2010. First Semester MANAGERIAL ECONOMICS (2005 onwards) Time : Three hours Maximum : 100 marks SECTION A (5 8 = 40 marks) Answer any FIVE questions. Define Managerial Economics and explain its importance. Explain the Scope of Managerial Economics. Explain the various types of price elasticity. What do you mean by price and Demand? Discuss the Accounting view vs. Economic View.
(c)Convex isoquant What is profit? Explain the way for improving profit performance. Explain Inflation and Deflation. State its difference. SECTION B (4 15 = 60 marks) Answer any FOUR questions. "Managerial economics is economics applied in decision-making". Explain. State and explain the Law of Demand. What are its exceptions? What is Direct-cost and how it is differ from indirect cost? Define a production function. Explain and illustrate isoquants and isocost curves. Distinguish between economic profits and accounting profits with suitable examples. Explain the current trend of Inflation in India. Explain the nature and managerial uses of production function.
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DISTANCE EDUCATION M.B.A. (P.M) DEGREE EXAMINATION, DECEMBER 2010. First Semester QUANTITATIVE METHODS (2005 onwards)
Answer any FIVE questions. Explain the relationship between cost, volume and profit. Also explain the importance of relevant costs for decision making. State the dual theorem and explain its implications. Explain how variations in costs and locations affect transportation models. Explain clearly various ingredients of a decision problem. What are the basic steps of a decision-making process. Obtain the solution by using Gauss Jordan method for the following simultaneous equation.
x1 + 3x2 = 9 2x1 + 5x2 = 16 .
What is the probability of taking (a) (b) White ball Red ball from a bag containing 18 white balls and 8 red balls.
Simulation is a valuable tool in a situation where the mathematics needed to describe a system realistically is too complex to yield analytical solutions. Elucidate. Explain how the linear programming technique can be helpful in decision-making in the areas of marketing and finance. PART B (4 15 = 60 marks) Answer any FOUR questions. Discuss the usefulness of quantitative methods in decision-making process. A company has three operational departments (weaving, processing and packing) with capacity to produce three different types of cloths namely suiting, shirtings and woollens yielding a profit of Rs. 2, Rs. 4 and Rs. 3 per metre respectively. One metre of suiting requires 3 minutes in weaving, 2 minutes in processing and 1 minute in packing similarly, one metre of shirting requires 4 minutes in weaving, 1 minute in processing and 3 minutes in packing. One metre of woollen requires 3 minutes in each department. In a week, total run time of each department is 60.40 and 80 hours for weaving, processing and packing respectively. Formulate the linear programming problem to find the product mix to maximize the profit. Use graphical method to solve the L.P.P Maximize Z = 2x1 + 4x2
subject to
x1 + 2x2 5 x1 + x2 4
where x1, x2 0 . Use Vogels approximation method to obtain an initial basic feasible solution of the transportation problem. D A B C Deman d 11 16 21 20 0 E 13 18 24 22 5 F 17 14 13 27 5 G 14 10 10 25 0 Availabl e 250 300 400
The automobile company manufactures around 150 scooters. The daily production varies from 146 to 154 depending upon the availability of raw materials and other working conditions :
Production (per day) : Probability : 146 0.0 4 147 0.0 9 148 0.1 2 149 0.1 4 150 0.1 1 151 0.1 0 152 0.2 0 153 0.1 2 154 0.0 8
The finished scooters are transported in a specially arranged lorry accommodating 150 scooters. Using following random numbers 80, 81, 76, 75, 64, 43, 18, 26, 10, 12, 65, 68, 69, 61, 57. Simulate the process to find out (a) (b) What will be the average number of scooters waiting in the factory? What will be the average number of empty space on lorry?
A business man has two independent investments A and B available to him, but he lacks the capital to undertake both of them simultaneously. He can choose to take A first and then stop, or if A is successful then take B, or vice-versa. The probability of success on A is 0.7 while for B it is 0.4. Both investments require an initial capital outlay of Rs. 2,000 and both return nothing it the venture is unsuccessful, successful completion of A will return Rs. 3,000 (over cost), successful completion of B will return Rs. 5,000 (over cost) Draw a decision tree and determine the best strategy. Explain joint, conditional and marginal probabilities.
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M.B.A. (PM) DEGREE EXAMINATION, DECEMBER 2010. First Semester BUSINESS LAWS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. What is consideration? What are the essentials of valid consideration? What is fraud and mistake? Explain their effect on contracts? Distinguish between condition and warranty legal definition of warranty. What is delivery of goods? Explain the rules regarding delivery of goods. Define the term Bailment an Pledge. Explain its merits and demerits. What is partnership deed? Explain its contents. Distinguish between transfer and transmission of shares. Explain Life insurance, Fire insurance and Marine insurance. PART B (4 15 = 60 marks) Answer any FOUR questions. Define coercion and undue influence. What are the rights and duties of buyer of seller? Explain the relation of parties of an agency towards outsiders. Explain the fundamental principles of insurance. Write a note on different types of dissolution of a firm.
Explain in detail the different kinds of companies. Differentiate between memorandum and articles of association.
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M.B.A.(PM) DEGREE EXAMINATION, MAY 2010. First Semester MANAGEMENT CONCEPTS (2005 Onwards) Time : Three hours Maximum : 100 marks SECTION A (5 8 = 40 marks) Answer any FIVE questions. What are the attributes of a profession? Is management a profession? Explain the scope of management. Discuss the importance of rationality in decision-making. Define objectives. Discuss the characteristics of business objectives. Distinguish between organization as a 'structure' and as a 'process'. Explain the different kinds of communication. Describe the process involved control. Explain Bench marking. SECTION B (4 15 = 60 marks) Answer any FOUR questions. "The work of Taylor and Fayol was of course essentially complementary ". Do you agree? Give reasons for your answer.
Why are the strategies important? Can an organization be successful without effective strategies? How do policies differ from strategies? What are the different models of decision-making? What situational factors should an organization consider in determining the amount of its decentralization? Explain the theories of leadership. "Just as planning, controlling should also be a dominating forward-looking function". To what extent is it possible? Discuss the recent trends and new perspectives in management.
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M.B.A.(PM) DEGREE EXAMINATION, MAY 2010. First Semester ORGANIZATIONAL BEHAVIOUR (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. Explain the elements of organizational behaviour.
How do you assess the personality of an individual? Explain the styles of leadership. Describe the different types of stress.
Discuss the significance of organizational culture. Explain group cohesiveness. What is 'OD'? Why is it required? What is organizational climate? What are its implications on organizational behaviour? PART B (4 15 = 60 marks) Answer any FOUR questions. Explain the relevance of group dynamics to organizational behaviour. Analyse different types of powers and their characteristics. Explain the qualities of a good leader. Examine the means and ways for effective use of power. Examine the causes of organization change. Bring out the nature of organisational change. Explain various models relating to organizational behaviour. Enumerate the barriers in organizational communication. How do you reduce such barriers.
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DISTANCE EDUCATION M.B.A.(PM) DEGREE EXAMINATION, MAY 2010. First Semester MANAGERIAL ECONOMICS (2005 Onwards) Time : Three hours Maximum : 100 marks SECTION A (5 8 = 40 marks) Answer any FIVE questions. 1. Explain the various functions of a managerial economist.
Distinguish between derived demand and autonomous demand. Explain how derived demand has less price elasticity than autonomous demand. State the essentials for the success of a cost reduction programme. Describe the advantages and limitations of large-scale production. Bring out the objectives of differential pricing. Discuss the various types of geographical price differentials. Explain the concept of break-even point and point out its assumptions. What is inflation? Discuss the various kinds of inflation. "Balance of payment in India is always deficit" Comment. SECTION B (4 15 = 60 marks) Answer any FOUR questions. Explain the nature and scope of managerial economics. Discuss "The opportunity cost and discounting principles are the basic in managerial economics". Critically examine the 'Law of Demand'. Explain clearly the relation of cost to output. Define a production function. Explain and illustrate isoquants and isocost curves. "Profit is the reward for risk-bearing function of an entrepreneur" Discuss critically.
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M.B.A. (PM) DEGREE EXAMINATION, MAY 2010. First Semester QUANTITATIVE METHODS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. Explain the features of Cobb-Douglas production function.
Find the maxima and minima of the function 2x3 + 15x2 + 36x + 12 = 0 . Explain different costs of operating a system. What are the managerial applications of LPP? Obtain initial basic feasible solution to the following LPP by Vogels approximation method. D D D D Suppl y 1 2 3 4 S1 S2 S3 Deman d 3 2 4 3 7 4 3 3 6 3 8 2 4 2 5 2 5 2 3 10
II III IV
4 5 6 7 7 8 9 8 3 5 8 4
A ball is drawn at random from a box containing 6 red balls, 4 white balls and 5 blue balls. Determine the probability that is (a) Not red (b) Red or White. Explain the factors of decision making. PART B (4 15 = 60 marks) Answer any FOUR questions. What is meant by trade-off? How it is relevant to decision-making? Solve following LPP by graphical method maximize Z = 16x1 + 8x2 , subject to 6x1 + 4x2 24, 4x1 + 2x2 16, 7x1 + 6x2 42. the
Z = 10x1 + 6x2 ,
subject
to
the
constraints
x1 + x2 2,
Briefly explain the Monte Carlo simulation with Suitable example. Explain decision tree analysis with its uses. The following matrix is giving cost under three alternate strategies : Cost matrix
Strategie s S1 A1 A2 A3 ()c ()d ()e ()f ()g ()h (a) (b) (c) (d) (e) Minimum criterion Minimax criterion 12 6 9
State of nature S2 8 10 11 S3 5 10 12
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M.B.A. (PM) DEGREE EXAMINATION, MAY 2010. First Semester BUSINESS LAWS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. Distinguish between Void and Vidable contracts.
What do you understand by performance of contract? Discuss the rules of law relating to time and place of performance of a contract. Differentiate between contract of Indemnity and Guarantee. When does a seller of goods demand to be an unpaid seller? What are his rights against the goods? What rights of consumers are protected by consumer Protection Act? Why there is a need for an act to protect the consumers?
What is partnership deed? State its main contents. What is life insurance contract? What are the essentials of a life insurance contract? Discuss briefly the different kinds of companies. PART B (4 15 = 60 marks) Answer any FOUR questions. Elucidate the circumstances under which contract is discharged. The liability of a surety is extensive with that of principal debtor. Discuss. Describe briefly the different kinds of meetings of companies. Explain the meaning of material alternation in a negotiable instrument. What is the effect of such alternation? Explain with examples. Discuss the various circumstances in which a firm may be dissolved. What is fire insurance? Explain the different kinds fire polices. A, B and C enter into partnership agreements to ply buses on Karaikudi Madurai route of a period of 10 years. The buses operated for 4 years and then it was calculated that during the last 4 years, the firm has incurred loss every year. B and C assisted for not to continue the business. But A insisted to remain continue it. Can the partnership firm be dissolved? Comment.
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M.B.A. (P.M) DEGREE EXAMINATION, MAY 2010. Second Semester FINANCIAL AND MANAGEMENT ACCOUNTING (2005 onwards) Time : Three hours Maximum : 100 marks SECTION A (5 8 = 40 marks) Answer any FIVE questions. 1. What is accounting? Explain the objectives of accounting?
Distinguish between financial accounting and management accounting. What do you mean by double entry system of bookkeeping explain its significance? Explain the various methods of analysing financial statement. Explain the factors affecting ratio analysis. What do you mean by cash flow statement? Explain its merits and demerits. Describe the various types of budgets. What is capital budgeting? Explain its importance. SECTION B (4 15 = 60 marks) Answer any FOUR questions. Elucidate briefly the concepts and convention. What is single entry system of book keeping? Explain its merits and demerits. What is funds flow statements? How do you prepare it? S keeps his books on single entry system. He gives you the following information
Dec. 31, 2003 Rs. Furniture and fittings Stock of materials Sundry Drs Sundry Crs Prepaid expenses Unpaid expenses Cash in hand 5,000 3,000 6,000 2,000 600 1,100 Dec 31, 2004 Rs. 6,000 1,000 7,000 200 1,000 300
1,000
Prepare a trading land P and L a/c for the year ended 31.12.04 and a B/S after providing a bad debts at 10%. There was a considerable amount of cash sales. Given the following information for ABC company at the end of 2008. Determine balances for the income statement and B/S. Net sales Rs. 1,00,000 debtors turnover based on net sales :2 inventory turnover ratio 1:25, fixed assets turnover ratio : 0.8. Debt-assets ratio 0.6, Net profit margin 5%, Gross profit margin 25%, Return on investment 2%. From the following particulars prepare cash flow statement for the year ended 31.3.03. (a) (b) (c) (d) (e) Total sales for the year were Rs. 20,50,000 out of which cash sales amounted to Rs. 14,20,000. Total purchases for the year were Rs. 15,30,000 out of which cash purchases amounted to Rs. 10,20,000. Cash collected from credit customers during the year amounted to Rs. 4,80,000. Cash paid Rs. 4,50,000. to suppliers of goods on credit was
Depreciation for the year was Rs. 40,000 where as salaries and other expenses as amounted to Rs. 1,80,000 out of which Rs. 20,000 are out standing. Redeemable preference shares of the face value of Rs. 1,00,000 were redeemed during the year at a premium of 10%. Income tax paid Rs. 80,000. New machinery was purchased for Rs. 30,000 on 1st Jan 2003. Rs. 25,000 was paid as a dividend for the year 31.3.02. Equity shares of the face value of Rs. 2,00,000 were issued at a premium of 5% during the year. The balance of cash and bank as on 1st April 2002 was Rs. 85,000.
From the following information suggest which of the two projects should be accepted on the basis of net present value method and payback method.
Project A Rs. Initial out lay Cash in flows after taxes 10,000 Project B Rs. 20,000
Yea r1
8,000 7,000
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M.B.A. (PM) DEGREE EXAMINATION, MAY 2009. First Semester MANAGEMENT CONCEPTS (2005 onwards) Time : Three hours Maximum : 100 marks SECTION A (5 8 = 40 marks) Answer any FIVE questions. 1. 2. 3. 4. 5. 6. 7. Define the term management. How does it differ from administration? Describe the evolution of management thought. Explain the process involved in making decisions. What are the differences between delegation of authority and decentralization of authority? What is meant by Span of Control? What factors that decide the Span of control? What is leadership? Explain the qualities of a good leadership. Discuss the important requisites for making any control system effective in application.
8.
Elucidate the needs and importance of Business Process Reengineering. SECTION B (4 15 = 60 marks) Answer any FOUR questions.
Explain the functions of management. Explain the various steps to be followed in planning. Describe the principles of a sound organization structure. Define Motivation. Explain Maslows theory of Motivation. Describe the principles of good coordination. What techniques to be used to have effective coordination? Discuss the recent trend and new prospective in management. Elucidate briefly the barriers of communication.
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M.B.A. (PM) DEGREE EXAMINATION, MAY 2009. First Semester ORGANIZATIONAL BEHAVIOUR (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. 2. 3. 4. 5. 6. Explain briefly the essential management skills of managers. List out the major factors that determine Individual Behaviour. What is Personality? What are its determinants? Explain the principles of Learning. Bring out the roles of groups in an organisation. What are the power indicators? Give some realistic examples for each indicators.
7. 8.
Define the term change. Why is it important? How does performance appraisal differ from job evaluation? PART B (4 15 = 60 marks) Answer any FOUR questions.
Explain the different approaches to the study of Organizational Behaviour. How do organizational systems influence employee performance? Mention the qualities of the successful manager towards perception. What is job satisfaction? What is its relationship with productivity absenteeism, turnover and accidents? Describe the advantages and limitations of each of the communication networks : (a) (b) (c) (d) Wheel Circle Chain All channel.
14. 15.
Define organizational culture. What are its functional and dysfunctional consequences? Mention the objectives of performance assessment and explain the various methods of appraisal.
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DISTANCE EDUCATION M.B.A. (PM) DEGREE EXAMINATION, MAY 2009. First Semester Business Administration MANAGERIAL ECONOMICS (2005 onwards)
Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. Define Managerial Economics and explain its scope.
2. 3. 4. 5. 6. 7. 8.
Explain the various types of demand. What is long run cost analysis? For What type of decision is it useful? Define production function. Explain the nature and managerial uses of production function. Explain the concept of Break Even in profit planning. Explain the various phases of business cycle. What are the different types of pricing? Explain. Explain the factors influencing individual demand. PART B (4 15 = 60 marks) Answer any FOUR questions.
Managerial Economics is the discipline, which deals with the application of economic theory to business management. Discuss. Explain the Cost-Output relationship in the short run and long run. With the help of a diagram, explain the concept of production function and its importance in the theory of production. Profit is the reward for successful innovation. Explain. What are the different methods of measuring national income? Which methods have been followed in India? Explain perfect competitive market and its impact on the firms supply curve. Define Oligopoly. Explain how price and output decisions are taken under conditions of oligopoly.
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M.B.A. (PM) DEGREE EXAMINATION, MAY 2009. First Semester QUANTITATIVE METHODS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. Solve the following simultaneous equation by Gauss Jordon method.
2x1 + 3x2 = 13 3x1 + 2x2 = 12
2. 3. (a)
Explain marginal cost, average cost and total cost. A furniture shop sells tables and chairs. Formulate the following details as a LPP so as to maximize profit. The shop get Rs. 40/- as profit from Table and Rs. 15 as profit from Chair. (b) 7 units of Wood are required for making a table while 3 units of Wood are required for making a chair. The shop has stock of 200 units of wood per month. (c)8 man hours are required for making a table while 5 man hours are required for making a chair. The shop has a maximum capacity of 300 man hours in a month.
4. 5. 6. 7. 8.
What are the limitations of Graphical method? What is the probability of choosing any King or any Clubs or both from a pack of playing cards? Explain the uses of simulation models. Explain Mini Max and Maxi max criteria of Decision Making. What is Sensitivity Analysis? Bring out its importance. PART B (4 15 = 60 marks)
Answer any FOUR questions. 9. 10. Explain the use of Mathematical models and Simulation models in business with their advantages and limitations. Solve using Graphical method Max Z = 50x1 + 60x2
2x1 + x2 300
Subjected to 3x1 + 4x2 509 4x1 + 7x2 812 x1 , x2 0 11. XYZ Company has 3 factories and 3 outlets. The details of the products produced in the factories requirement of the outlets and transportation cost per unit in Rupees are given below. Work out the Optimal Cost of transportation. Outlets B 8 9 2 10 Units
A 6 4 1 6 Units
C 4 8 6 15 Units
Explain the use of Monte Carlo technique of simulation. Give suitable examples. A farmer wants to decide the crop, he want to plant in his farm of 100 acres. The profit from each is dependent on rainfall during the season. He has categorised the rainfall as high, medium and low. His estimated profit is given as under Rainfall Estimated Conditional Profit Crop 1 High Mediu m Low 8000 4500 2000 Crop 2 3500 4500 5000 Crop 3 5000 5000 4000
If the farmer wants only one crop, decide the best crop using Maxi-min and Mini-max criteria.
14.
A newspaper boy has found the following probability distribution for the number of newspapers demand from his experience. No.of 15 16 17 18 19 20 Copies Probability 0.0 4 0.1 9 0.3 3 0.2 6 0.1 1 0.0 7
A Newspaper cost Rs.3/- which the boy gets for Rs.2.50. Any unsold newspaper is a loss as it cannot be returned. How many copies he should order so that his profit is maximum. 15. Explain the principle of duality with suitable example and its uses.
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M.B.A. (PM) DEGREE EXAMINATION, MAY 2009. First Semester BUSINESS LAWS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. P sold his business to Q without disclosing this to his customers. M an old customer sent an order for goods to P by name. Q the new owner executed the order. Is M bound to accept the goods? Distinguish between indemnity and guarantee. Bring out mechanism of consumer redressal forum. Bring out the essential features of a Negotiable Instrument. What are the privileges of a private company? Explain the salient features of fire insurance. Highlight the problems an account of non-registration of a partnership firm.
2. 3. 4. 5. 6. 7.
8.
List out the rights of an unpaid seller. PART B (4 15 = 60 marks) Answer any FOUR questions.
Summarize the essential elements of a valid contract. What is a lien? Bring out different kinds of lien and compare it. Distinguish between sale and agreement to sell. When can the payment of a cheque be refused by a bank? Insurance is a contract on speculation, examine this statement in relation to life, fire and marine insurance. What charges must be registered with the Registrar? State effect of their nonregistration. A entered into a contract for the supply of timber to the government. One of the terms of the contract was that the timber would be rejected if it is not approved by the superintendent of the gun carriage factory for which the timber was required. The timer supplied was rejected. A filed suit for breach of contract, will he succeed?
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M.B.A. (PM) DEGREE EXAMINATION, DECEMBER 2009. First Semester MANAGEMENT CONCEPT (2005 onwards) Time : Three hours Maximum :100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. Discuss the various approaches to the study management.
Explain briefly the concept of MBO. Explain the process involved in delegation. What is authority? Why do people accept authority? Write short notes on : (a) (b) Job Analysis. Job Specification.
What are the common barriers to communication in an organisation? Define bench marking. Enumerate its significance. Describe the advantages and disadvantages of internal and external sources of recruitment. PART B (4 15 = 60 marks) Answer any FOUR questions. What is planning? Elucidate the process involved in planning. Suggest a scheme of departmentation for a large business house with a network of sales all over India. Explain briefly the contribution given by Henry Foyal to the field of management. Organisation charts provide a broad picture of positions of authority and their relationships in the organisation structure. Critically examine the statement. How would you determine the training needs of an organisation? Outline briefly the different styles of leadership. Describe the positive and negative aspects of an informal organisation. What should a manager do to harmonise informal organisation with the formal organisation.
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DISTANCE EDUCATION M.B.A.(PM) DEGREE EXAMINATION, DECEMBER 2009.
First Semester ORGANIZATIONAL BEHAVIOUR (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 2. Define Organizational Behaviour. Explain its Scope?
How might environmental factors determine Individual Behaviour. Define Perceptions. Explain the steps in the Perceptual Process. What do you understand by Attitudes? What are their functions? What are Group Norms? How do they develop? List out the barriers that check effective communication. How do you overcome these barriers? What is an Informal Organization? How does it differ from a Formal organization? What are the causes for industrial disputes? How are they resolved? PART B (4 15 = 60 marks) Answer any FOUR questions. Bring out the challenges and opportunities for an OB Manager in the Current Scenario. Explain briefly the different models of Individual Behaviour. Write notes on : (a) Type Theory and (b) Trait Theory of Personality. Discuss the various Leadership styles. What is Power? How does it differ from Authority? Outline the political strategies of Power. Define the term Stress. What are its sources? Bring out the impact of stress on Performance and Satisfaction. Define Organizational Development. What are its techniques? Bring out the methods for helping employees for unfreeze their attitudes and behaviour.
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DISTANCE EDUCATION
M.B.A.(Pro and Magt) DEGREE EXAMINATION, DECEMBER 2009. First Semester MANAGERIAL ECONOMICS (2005 onwards) Time : Three hours Maximum : 100 marks SECTION A (5 8 = 40 marks) Answer any FIVE questions. 3. Explain the nature of managerial economics.
Discuss the concept of opportunity cost. Define demand. Point out various kinds of demand. State the factors determining the cost of production of a firm. Distinguish between fixed cost and variable cost. Bring out the managerial uses of production function. Describe the methods of measuring economic profits. What is national income? Point out its importance in a developing economy. SECTION B (4 15 = 60 marks) Answer any FOUR questions. Discuss the role and responsibilities of a managerial economist. Critically examine the Law of Demand. Explain the various economics of scale. Discuss sargent florences principles in this regard.
Distinguish between cost control and cost reduction. What are the essential for the success of a cost reduction programme? What is discriminating monopoly? Is it anti-social? Discuss. Explain the various approaches to profit forecasting. Critically analyse Hawtreys theory of trade cycle.
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M.B.A. (PM) DEGREE EXAMINATION, DECEMBER 2009. First Semester QUANTITATIVE METHODS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 4. Obtain the solution by using Gauss Jordan Method of the following simultaneous equation.
x1 + 3x2 = 9 2x1 + 5x2 = 16
What is break even analysis? Explain with suitable example. Explain degeneration of transportation problem. Explain objective function, decision variables and constraints of LPP. What is the probability of taking (a) (b) white ball 16 white balls and red ball from a bag containing 10 red balls without looking onside.
Where do you use simulation models? What are its advantages? Explain pay-off and loss tables with examples. PART B (4 15 = 60 marks) Answer any FOUR questions. Business requires quantitative analysis for better decision making Discuss. Solve by using Graphical method
Max Z = 4x1 + 3x2
Subject to
2x1 + x2 1 0 0 x1 + x2 8 0 0 0 x1 4 0 0 0 x2 7 0 0
Suppl y 14 12 5
A factory can maintain its machine using a one man crew or a two man crew. The time taken by one man crew are 1.5, 2, 2.5 and 3 hours with probabilities of 0.2, 0.3, 0.35 and 0.15 respectively. The time taken by two man crew are 0.75, 1, 1.5 and 2 hours with probabilities of 0.25, 0.35, 0.2 and 0.2 respectively. Cost of labour is Rs. 10 per hour and overhead expense is Rs. 5 per hour per crew. Decide whether 1 men crew or 2 men crew is more economical using simulation by taking 10 random numbers as under.
Random nos for 1 men crew : Random nos for 2 men crew : 1 2 6 3 5 6 8 7 2 0 4 5 4 7 2 3 5 2 4 9 1 6 3 8 1 7 5 9 2 4 2 8 2 2 7 3 0 6
There are two independent investments A and B probability of success of Investment A is 0.7 while that of B is 0.3. Both require critical capital of Rs. 5,000 and both return nothing of unsuccessful. You have only Rs. 5,000 with you and
hence can choose to inverse in A and then stop or if successful choose to invest in B or Vice versa or not invest at all. Success on A would yield Rs. 9,000 while success in B would yield Rs. 10,000. Draw decision tree and determine the best strategy. Write the dual problem for Maximize Z = 2x1 + 2x2
2x1 + 4x2 1
Subject to x1 + 2x2 1 2x1 + x2 1 x1 0 x2 0 Explain how duality principle is useful. A business man has 4 courses of action each of which can be followed by any of the four possible events. The conditional pay off (in Rs.) for each action-event combination are given below. Actio n A1 A2 A3 A4 Pay off P +8 4 +1 4 +1 3 ce +4 +1 0 +6 +8 Conditional on events R +14 +12 0 +6 S 6 +7 +4 3
Determine which course of action is to be selected (a) (b) Using Minimax criterion Using Max-Min criterion
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DISTANCE EDUCATION
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BUSINESS LAWS (2005 onwards) Time : Three hours Maximum: 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 5. The unloading of a ship was delayed beyond the date agreed with the ship Owners owing to a strike of dock lobourers. On a suit by the ship owners for damages, the plea of impossibility of performance was raised. Advise the ship owners. Define Bailment and state its characteristics. Explain : (a) (b) (c) Goods Price Document of Title to Goods.
How far can partner of a firm be considered as an agent of the other partners? Differentiate Private Companies and Public Companies. Write out fundamental principles involved in life insurance contract. Explain : (a) (b) Irrevocable Agency Agency Coupled with interest.
State the legal position of finder of lost Goods. PART B (4 15 = 60 marks) Answer any FOUR questions. Explain the meaning of contingent contract. What are the rules relating to contingent contracts? Discuss the duties of an agent under the Indian Contract Act.
What are the objectives of the Consumer Protection Act, 1986? Write the differences between Bill of exchange and a Promissory note. Define a contract of marine insurance. What are the essential features of such contract? List out the various legal formalities involved in incorporation of a public limited company. A ship, which was insured under a time policy, was sent to sea unseaworthy in two years. Her hull was in an unfit state for the voyage and her crews were insufficient. The assured knew of the insufficiency of the crew, but not unfitness of the hull. The ship was lost because of the unfitness of the hull. Is the insurer liable to pay for the loss?
DE7572
DISTANCE EDUCATION
11
M.B.A. (PM) DEGREE EXAMINATION, DECEMBER 2009. First Semester MANAGEMENT CONCEPT (2005 onwards) Time : Three hours Maximum :100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. Discuss the various approaches to the study management. Explain briefly the concept of MBO. Explain the process involved in delegation. What is authority? Why do people accept authority? Write short notes on : (a) Job Analysis.
(b)
Job Specification.
What are the common barriers to communication in an organisation? Define bench marking. Enumerate its significance. Describe the advantages and disadvantages of internal and external sources of recruitment. PART B (4 15 = 60 marks) Answer any FOUR questions. What is planning? Elucidate the process involved in planning. Suggest a scheme of departmentation for a large business house with a network of sales all over India. Explain briefly the contribution given by Henry Foyal to the field of management. Organisation charts provide a broad picture of positions of authority and their relationships in the organisation structure. Critically examine the statement. How would you determine the training needs of an organisation? Outline briefly the different styles of leadership. Describe the positive and negative aspects of an informal organisation. What should a manager do to harmonise informal organisation with the formal organisation.
DE7573
12
DISTANCE EDUCATION M.B.A.(PM) DEGREE EXAMINATION, DECEMBER 2009. First Semester ORGANIZATIONAL BEHAVIOUR (2005 onwards)
PART A (5 8 = 40 marks) Answer any FIVE questions. 6. Define Organizational Behaviour. Explain its Scope?
How might environmental factors determine Individual Behaviour. Define Perceptions. Explain the steps in the Perceptual Process. What do you understand by Attitudes? What are their functions? What are Group Norms? How do they develop? List out the barriers that check effective communication. How do you overcome these barriers? What is an Informal Organization? How does it differ from a Formal organization? What are the causes for industrial disputes? How are they resolved? PART B (4 15 = 60 marks) Answer any FOUR questions. Bring out the challenges and opportunities for an OB Manager in the Current Scenario. Explain briefly the different models of Individual Behaviour. Write notes on : (a) Type Theory and (b) Trait Theory of Personality. Discuss the various Leadership styles. What is Power? How does it differ from Authority? Outline the political strategies of Power. Define the term Stress. What are its sources? Bring out the impact of stress on Performance and Satisfaction. Define Organizational Development. What are its techniques? Bring out the methods for helping employees for unfreeze their attitudes and behaviour.
DE7574
13
DISTANCE EDUCATION
First Semester MANAGERIAL ECONOMICS (2005 onwards) Time : Three hours Maximum : 100 marks SECTION A (5 8 = 40 marks) Answer any FIVE questions. 7. Explain the nature of managerial economics.
Discuss the concept of opportunity cost. Define demand. Point out various kinds of demand. State the factors determining the cost of production of a firm. Distinguish between fixed cost and variable cost. Bring out the managerial uses of production function. Describe the methods of measuring economic profits. What is national income? Point out its importance in a developing economy. SECTION B (4 15 = 60 marks) Answer any FOUR questions. Discuss the role and responsibilities of a managerial economist. Critically examine the Law of Demand. Explain the various economics of scale. Discuss sargent florences principles in this regard. Distinguish between cost control and cost reduction. What are the essential for the success of a cost reduction programme? What is discriminating monopoly? Is it anti-social? Discuss. Explain the various approaches to profit forecasting. Critically analyse Hawtreys theory of trade cycle.
DE7575
DISTANCE EDUCATION
14
M.B.A. (PM) DEGREE EXAMINATION, DECEMBER 2009. First Semester QUANTITATIVE METHODS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 8. Obtain the solution by using Gauss Jordan Method of the following simultaneous equation.
x1 + 3x2 = 9 2x1 + 5x2 = 16
What is break even analysis? Explain with suitable example. Explain degeneration of transportation problem. Explain objective function, decision variables and constraints of LPP. What is the probability of taking (a) (b) white ball 16 white balls and red ball from a bag containing 10 red balls without looking onside.
Explain decision tree and its uses. Where do you use simulation models? What are its advantages? Explain pay-off and loss tables with examples. PART B (4 15 = 60 marks) Answer any FOUR questions. Business requires quantitative analysis for better decision making Discuss.
Subject to
2x1 + x2 1 0 0 x1 + x2 8 0 0 0 x1 4 0 0 0 x2 7 0 0
Suppl y 14 12 5
A factory can maintain its machine using a one man crew or a two man crew. The time taken by one man crew are 1.5, 2, 2.5 and 3 hours with probabilities of 0.2, 0.3, 0.35 and 0.15 respectively. The time taken by two man crew are 0.75, 1, 1.5 and 2 hours with probabilities of 0.25, 0.35, 0.2 and 0.2 respectively. Cost of labour is Rs. 10 per hour and overhead expense is Rs. 5 per hour per crew. Decide whether 1 men crew or 2 men crew is more economical using simulation by taking 10 random numbers as under.
Random nos for 1 men crew : Random nos for 2 men crew : 1 2 6 3 5 6 8 7 2 0 4 5 4 7 2 3 5 2 4 9 1 6 3 8 1 7 5 9 2 4 2 8 2 2 7 3 0 6
There are two independent investments A and B probability of success of Investment A is 0.7 while that of B is 0.3. Both require critical capital of Rs. 5,000 and both return nothing of unsuccessful. You have only Rs. 5,000 with you and hence can choose to inverse in A and then stop or if successful choose to invest in B or Vice versa or not invest at all. Success on A would yield Rs. 9,000 while success in B would yield Rs. 10,000. Draw decision tree and determine the best strategy. Write the dual problem for Maximize Z = 2x1 + 2x2
2x1 + 4x2 1
Subject to x1 + 2x2 1 2x1 + x2 1 x1 0 x2 0 Explain how duality principle is useful. A business man has 4 courses of action each of which can be followed by any of the four possible events. The conditional pay off (in Rs.) for each action-event combination are given below. Actio n A1 A2 A3 A4 Pay off P +8 4 +1 4 +1 3 ce +4 +1 0 +6 +8 Conditional on events R +14 +12 0 +6 S 6 +7 +4 3
Determine which course of action is to be selected (a) (b) Using Minimax criterion Using Max-Min criterion
DE7576
DISTANCE EDUCATION
15
M.B.A. (PM) DEGREE EXAMINATION, DECEMBER 2009. First Semester BUSINESS LAWS (2005 onwards) Time : Three hours Maximum: 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions.
9. The unloading of a ship was delayed beyond the date agreed with the ship Owners owing to a strike of dock lobourers. On a suit by the ship owners for damages, the plea of impossibility of performance was raised. Advise the ship owners. Define Bailment and state its characteristics. Explain : (a) (b) (c) Goods Price Document of Title to Goods.
How far can partner of a firm be considered as an agent of the other partners? Differentiate Private Companies and Public Companies. Write out fundamental principles involved in life insurance contract. Explain : (a) (b) Irrevocable Agency Agency Coupled with interest.
State the legal position of finder of lost Goods. PART B (4 15 = 60 marks) Answer any FOUR questions. Explain the meaning of contingent contract. What are the rules relating to contingent contracts? Discuss the duties of an agent under the Indian Contract Act. What are the objectives of the Consumer Protection Act, 1986? Write the differences between Bill of exchange and a Promissory note. Define a contract of marine insurance. What are the essential features of such contract?
List out the various legal formalities involved in incorporation of a public limited company. A ship, which was insured under a time policy, was sent to sea unseaworthy in two years. Her hull was in an unfit state for the voyage and her crews were insufficient. The assured knew of the insufficiency of the crew, but not unfitness of the hull. The ship was lost because of the unfitness of the hull. Is the insurer liable to pay for the loss?
DE4547
DISTANCE EDUCATION
11
M.B.A. (Project Management) DEGREE EXAMINATION, DECEMBER 2008. First Semester MANAGEMENT CONCEPTS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. Is management is an art or science? Explain. Bring out the essentials of good planning. Define the term organisation. Explain the importance principles of it. Differentiate between formal and informal organisations. How should managers try to overcome the problems of delegation of authority? List and explain the barriers of communication. What is preventive control? Explain its advantages. Write a note on recent trends in management.
PART B (4 15 = 60 marks) Answer any FOUR questions. Management is concerned with Ideas, Things and People Discuss. What do you mean by a decision? Explain the basic steps in decision making process. Explain two factors theory of motivation. Controls should be linked to objectives but not to plans Comment. What do you mean by managerial control? Explain the scope and nature of control. What do you understand by the concept of leadership and how is leadership related to motivation? Discuss briefly the recent trends and new perspectives in management.
DE 4548
DISTANCE EDUCATION
12
M.B.A. (PM) DEGREE EXAMINATION, DECEMBER 2008. First Semester ORGANIZATIONAL BEHAVIOUR (2005 Onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. 2. 3. (a) (b) 4. 5. 6. 7. 8. What do you mean by organizational behaviour? Discuss briefly about it. What is personality? How society plays a vital role in shaping a personality? Write short notes on to the following questions Type A personality Micro motivation. Which theory of motivation appeals to you? Why? Differentiate between an organizational culture and climate. Organizational Development has become an absolute concept comment. Write the various principles of effective communication. Define the term human stress. Explain the nature and sources of stress. PART B (4 15 = 60 marks) Answer any FOUR questions. 9. 10. 11. Define motivation. State and explain the nature and types of motivation. Define group development. Explain the five stages of group development. What are the conditions for success in organization development?
Write short notes on the following : Power and Policies Organizational dynamics. Write short notes of the following : Styles of leadership Organizational change. Discuss the application of Hawthorne studies to Organizational Behaviour.
15. Explain the impact of perception on the various functional fields of an organization.
DE4549
DISTANCE EDUCATION
13
M.B.A. (PM) DEGREE EXAMINATION, DECEMBER 2008. First Semester MANAGERIAL ECONOMICS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. 2. 3. 4. 5. 6. 7. 8. Explain the characteristics of Managerial Economics. What are the determinants of demand? Distinguish between cost control and cost reduction. Describe the role of managerial economics. What is price discrimination? Bring out its significance. Outline the steps involved in profit planning. What is national income? List down its importance. State and explain the causes for balance of payment. PART B (4 15 = 60 marks) Answer any FOUR questions. 9. 10. 11. Distinguish between Economic Theory and managerial economics. Describe the methods of demand forecasting. Explain the various tools of cost control.
12. 13.
What is inflation? Explain the factors influencing inflation. Discuss the various types of production functions. profit maximisation be the objective of the business
DE4550
DISTANCE EDUCATION
14
M.B.A. (P.M.) DEGREE EXAMINATION, DECEMBER 2008. First Semester QUANTITATIVE METHODS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. Obtain the solution of the system of simultaneous equations : x1 + 2x2 = 8, 3x1 + x2 = 9 by Gauss-Jordon method. 2. What is breakeven point? Explain the uses of break-even analysis.
3. A firm manufactures two types of Product A and B and sells them at a profit of Rs. 2 on type A and Rs. 3 on type B. Each product is processed on two machines M1 M 2. and M1 Type A requires 1 minute of processing time on and M 2 . Type B requires 1 minute on M1 2 minutes on and 1 minute on M 2 . Machine M 1 is available for not more than 6 hours 40 minutes while machine M 2 is available for 10 hours during any working day. Formulate the problem as a LPP so as to maximize the profit. 4. 5. 6. 7. 8. Explain an algorithm for solving a transportation problem. What is the probability of choosing any 3 or any diamond or both? What is decision tree? and explain Bellmans principle of optimality. Distinguish between mathematical models and simulation models. What are the components of decision-making? PART B (4 15 = 60 marks) Answer any FOUR questions. 9. Discuss the role and scope of quantitative methods for scientific decisions in business management. Discuss their limitations in relation to rural management. 11. Solve the following question using graphical method : Max. Z = 9x + 10y
subject to :
11. The distribution of commodity from warehouses A, B, C and D is planned to three sources P, Q and R. The level of surpluses and requirements at various sources are given in the following matrix with related cost of transportation as cells of the matrix. P A B C D Requirement 2 3 5 1 7 Q 7 3 4 6 9 R 4 1 7 2 18 Surpluse s 5 8 7 14 34
Work out the optimal cost of distribution. 12. A petrol pump is supplied with petrol once a day. If its daily volume of sales (X) in thousands of litre is distributed by : f ( x) = 5(1 x) 4 , 0 x 1, what must be the capacity of its tank in order that the probability that its supply will be exhausted in a given day shall be 0.01? 13. Discuss Monte-Carlo technique of simulation, and bring out its advantages and limitations. 14. Describe Von-Neumann and Morgensterns three different systems of measuring utility. 15. A person has two choices to choose from
Choice 1 : Winning Rs. 25,000 or nothing with 50/50 chance on a bet. Choice 2 : A sure gift of Rs. 10,000. Suggest the most likely choice chosen by him.
DE 4551
DISTANCE EDUCATION
15
M.B.A. (PM) DEGREE EXAMINATION, DECEMBER 2008. First Semester BUSINESS LAWS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 1. 2. Distinguish between Void and Voidable contracts. Discuss the nature and extent of Suretys liability.
3. State the rules in regard to the passing of property from a seller to a buyer in a sale contract. 4. 5. 6. 7. 8. Discuss the functions of consumer Disputes Redressal Forum. What is a Hundi? State the popular types of Hundis used in India. What is a Partnership deed? State its main contents. Explain the fundamental principles of Insurance. Discuss briefly the different kinds of companies. PART B (4 15 = 60 marks) Answer any THREE questions from question numbers 9 to 14. Question No. 15 is compulsory. 9. What is quasi-contract? Discuss the quasi-contracts death with under the Indian Contract Act.
10. Distinguish between pledge and bailment. When will a pledge made by a nonowner of the goods be valid? 11. Explain briefly the implied conditions and warranties in a contract of sale of goods. 12. What are the various ways in which one or more parties to a negotiable instrument is/are discharged from liability? 13. What is the procedure for the registration of a firm? What are the consequences of non-registration of a firm? 14. What is Fire Insurance? Explain the different kinds of fire policies.
15. A agreed to erect a plant for B by 31st March, 1996. A further agreed to pay Rs. 500 per month as damages in care of delay beyond the agreed date. A was late by four months. B sued A for Rs. 4,500, the actual loss caused to him as a result of the delay. What damages will you award and why? Explain.
DE1823
11
DISTANCE EDUCATION M.B.A. (PM) DEGREE EXAMINATION, MAY 2011. First Semester MANAGEMENT CONCEPTS (2005 onwards)
Time : Three hours Maximum : 100 marks SECTION A (5 8 = 40 marks) Answer any FIVE questions. What are the four basic activities of a manager? Comment on the true nature of management. Is it a science or an art? Briefly explain the components of planning. Explain the classification of planning premises. Discuss the essentials of an effective delegation of authority. Explain its difficulties.
Differentiate between recruitment and selection. Explain the process of control. Explain Total quality management. SECTION B (4 15 = 60 marks) Answer any FOUR questions. Discuss the various functions of management. The essence of strategy is in being different from rivals Explain. What is decision-making? Explain its various phases. Is decision-making a rational process? Why is it that span of control at the chief executive level is usually narrower than that at operational level ? Motivation is the core of management Discuss. What can management do to motivate the staff in an industrial organization? What are the techniques of co-ordination? Explain (a) Strategic alliances (b) Core competence.
DE 1824
DISTANCE EDUCATION
12
M.B.A. (PM) DEGREE EXAMINATION, MAY 2011. First Semester ORGANIZATIONAL BEHAVIOUR (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 10. Explain the elements relating to Organizational Behaviour.
What methods you adopt to reduce barriers in communication system? Define organisational design and explain its significance. How will you achieve organizational effectiveness? Mention about Group Norms. Define Power and Politics. Examine the causes of change. PART B (4 15 = 60 marks) Answer any FOUR questions. Explain the different approaches to organizational Behaviour. Define organizational communication. communication. Discuss the principles of effective
What are the means to achieve organizational Effectiveness? Define Stress. Suggest measures towards its management. Explain the styles and qualities of Leadership. Define organizational climate. Examine its implication on organizational Behaviour. Analyse the different aspects relating to organizational Development.
DE1825
DISTANCE EDUCATION
13
M.B.A. (PM) DEGREE EXAMINATION, MAY 2011. First Semester MANAGERIAL ECONOMICS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 11. Explain how managerial economics differs from economic theory.
Distinguish between cost control and cost reduction with suitable example.
Elaborate the objectives of pricing. Describe the various criteria used to decide the acceptable rate of profit. Explain the purpose of managerial usage of break even analysis. What do you understand by inflation and deflation elaborate? Describe the conditions required for price discrimination. Elucidate the limitations of law of demand. PART B (4 15 = 60 marks) Answer any FOUR questions. If demand is elastic, it pays a businessman to charge relatively low prices ; If demand is inelastic, he would be better off with higher price. Discuss. Describe the responsibilities of a managerial economist in a corporate enterprise of your choice. What is meant by costs? Explain the role of costs in managerial decision making process. Discuss the significance of profit management concept. What is price discrimination? Explain the forms of price discrimination. Explain what is meant by a firms production function. Suppose the price of one input goes up, how does this affect the firms production function. What is national income? Explain the basic concepts f national income accounting.
DE1826
DISTANCE EDUCATION
14
M.B.A. (PM) DEGREE EXAMINATION, MAY 2011. First Semester QUANTITATIVE METHODS (2005 onwards)
Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 12. What is decision model? Explain its types and their need.
What is meant by elasticity of demand? Explain the measures of computing it. The cost function for a firm producing x units is C = 5x + 350 and its revenue function is R = 5x x2 . Find the demand function and output for maximising profit. A company produces two types of goods A and B that require gold and silver. Each unit of A requires 3 gms of silver and 1 gm of gold while that of B requires 1 gm of silver and 2 gms of gold. The company can procure 9 gms of silver and 8 gms of gold. If each units of A brings a profit of Rs. 40 and that of B Rs. 50, the company want to maximize the profit. Formulate as a LPP. Find the initial basic feasible solution to the following transportation problem by North West Corner rule. Destinations D
1
D
2
D
3
Suppl y 5 8 7 14
O
1
2 3 5 1 7
7 3 4 6 9
4 1 7 2 1 8
O
2
Origin
O
3
O
4
Deman d
Explain the various approaches to probability. Explain the simulation and its practical uses. What is decision making problem? Explain its structure.
PART B (4 15 = 60 marks) Answer any FOUR questions. Explain break even analysis and its uses. Solve the following LPP by graphical method : Maximize z = 9x + 3y Subject to the constraints
2x + 3y 13 2x + y 5 x, y 0
Solve the following transportation problem : Warehouse 1 2 3 4 Plant 1 2 3 Deman d Solve the assignment problem : Salesmen I II III IV A Counte r B C D 4 4 6 0 3 6 5 2 8 0 5 6 6 0 7 6 5 2 4 0 4 8 3 6 6 0 7 2 4 8 4 0 2 1 1 7 3 2 6 1 6 1 8 2 7 1 0 2 5 1 4 1 8 1 2 1 3 2 3 4 1 1 5
Availabilit y 11 13 19
given to three advisors 1 1 1 A, B, C whose chances of solving it are , , respectively. What is the 2 3 4 probability that the problem will be solved? What are the advantages and disadvantages of simulation models? Explain the various techniques used for solving decision problem under certainty.
problem
in
investment
is
DE1827
DISTANCE EDUCATION
15
M.B.A. (PM) DEGREE EXAMINATION, MAY 2011. First Semester BUSINESS LAWS (2005 onwards) Time : Three hours Maximum : 100 marks PART A (5 8 = 40 marks) Answer any FIVE questions. 13. What do you understand by quasi contract? Explain.
Distinguish between indemnity and guarantee. What is caveat emptor? Explain. Give an account on consumer redressal forum. Bring out the essential features of negotiable instrument. Explain the relations of partners to third parties. Distinguish between life insurance and other kinds of insurance. Explain the nature of companies. PART B (4 15 = 60 marks) Answer any FOUR questions. What are the remedies for breach of contract? Enumerate and explain the rights and responsibilities of bailor and bailee.
Illustrate the implied conditions and warrantees in a sale and state the consequences of a breach in each case. What kind of rights are protected by consumer protection act? Why there is a need for an act to protect the consumers? The partnership act has effectively assured the registration of firms without making it compulsory-Discuss. What is fire insurance? Explain its different kinds. Describe the different kinds of meetings of companies.