1. “The Opportunity Cost of a product is the return that can be had from the next best alterative use.” Explain this statement using Production Possibility Curve. 2. Define demand function and explain the impact of price of complements and price of substitutes on demand function. 3. Compare and contrast Economies of Scale and Economies of Scope. Explain why it is important for managers to understand Economies of Scale. 4. Consider a monopolist facing the following demand and cost curves. P = 50 - 2Q C = 25+10Q (Hint: Total demand at any point P will be the summation of two … [Read more...]
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MS 08 June 2013 Quantitative Analysis for Managerial Applications
1. A sum of `8550 is to be paid in 15 installments where each installment is `10 more than the previous installment. Find the first installment and the last installment. 2. A salesman is known to sell a product in 3 out of 5 attempts. While another salesman in 2 out of 5 attempts. Find the probability that a. No sales will happen b. Either of them will succeed in selling the product 3. A hundred squash balls are tested by dropping from a height of 100 inches and measuring the height of the bounce. A ball is “fast” if it rises above 32 inches. The average height of bounce was 30 inches … [Read more...]
MS-7 June 2013 Information Systems for Managers
1. (a) Is Information Technology as vital to modern global business as money? Why or why not? Discuss some trends in IT development. (b) Write a note on input and output devices. Distinguish between human data input devices and source data capture devices. 2. (a) Discuss the objectives and process of computer aided decision support system. (b) Describe the decision making process of acquiring application software. 3. (a) Define MIS. Describe the functions that MIS supports in an organization. (b) What are the various ways of assessing the value of information? Explain each method … [Read more...]
MS-6 June 2013 Marketing for Managers
1. (a) What do you understand by the term market planning and its role in marketing of good and services? (b) Discuss the various elements of marketing mix both in case of product and services and their complementary role in effectively marketing the firms offerings. 2. (a) What is STP strategy? The success of product/service largely depends on the effectiveness of proper segmentation by the marketer. Justify by taking two examples of your choice. (b) What is Marketing Research (MR)? Discuss its role and Importance in the marketing decision in a … [Read more...]
MS – 5 June 2013 Management of Machines and Materials
1) Discuss the role of Scientific methods in Operations Management. 2) Explain the product selection and stages involved therein. 3) Define Job Design. How has management viewed job design since the industrial revolution? 4) Discuss the variation in the approach of planning and controlling of mass, batch and job shop production. 5) Discuss the various methods for stores accounting and verification systems. 6) Write Short notes on: a) Work Sampling b) Acceptance Sampling c) Value Engineering & Analysis d) Waste Management. … [Read more...]
MS-4 June 2013 Accounting and Finance for Managers
1. Explain in detail the various accounting concepts and discuss the application of these concepts in the preparation of financial statements. 2. Fairdeals Ltd. presents the balance sheets as at 31.12.2009 and 31.12.2010 as follows: 31.12.09 31.12.10 Assets Rs. Rs. Fixed Assets at cost 31,30,000 36,05,000 Less: Depreciation 6,80.000 8,20,000 24,50,000 27,85,000 Investments 12,50,000 13,50,000 Marketable Securities 60,000 30,000 Inventories 4,10,000 5,20,000 Book Debts 5,30,000 5,05,000 Cash and Bank 1,20,000 … [Read more...]
MS-03 June 2013 Economic and Social Environment
1. “Management at all levels of specialized functions, is influenced by the critical elements of the business environment”. Explain with suitable examples. 2. What is the exact position of China in so far as its economic system/structure and the role of the Government are concerned? How would you describe its economic system? 3. Name and briefly describe a sick unit with which you are familiar or identify one such unit and briefly attempt the following: a) Factors which caused sickness, including management failures and the present position. b) Measures, if any, initiated for … [Read more...]
MS-01 June 2013 Management Functions and Behaviour
1. “Retaining talent, inculcating sense of loyalty for maintaining efficiency in terms of profit generation, managing survival and growth, are some of the most difficult challenges before a professional manager in evergrowing competitive business environment”. Elaborate this statement, explain underlying concepts with examples from the organization you have worked for or familiar with. Briefly describe the situation and the organization, you are referring to. 2. Define and describe Mission, Objectives, Goals, and Strategy in organizational context. Briefly explain the strategy formulation … [Read more...]
MS-02 June 2013 Management of Human Resources
1. “Borderless world, Diversity Management, and Knowledge power, are some of the overarching factors being encountered by the Human Resource Mangers of 21st century business world”. How do they affect the dynamics of Human Resource Management in today’s organizations? Explain with examples from the organization you are familiar with or have been working for. Briefly describe the organization, you are referring to. 2. “Each employee in an organization performs various roles. Role perception of a manager and an employee make a complex web as they interact”. Elaborate this statement in the … [Read more...]
MS-01 Solved Assignment Dec 2012 Management Of Human Behaviour
1) Describe the process of conflict. Critically evaluate the impact of conflict on performance/productivity of an organization. Relate the situation of organization you are working in or familiar with as to how conflict affects the functioning of an organization. Briefly describe the organisation and situation, you are referring to. Answer. Organizational conflict is actually a condition of discord because of the actual or perceived opposition of needs, values and interests among individuals employed together. A conflict can take many forms in organizations. There is the unavoidable clash … [Read more...]