# SMU MBA SPRING 2014 SEM-1 SOLVED ASSIGNMENTS
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MB0038 -
Management Process and Organisation Behavior
Drive
–Spring 2014
1.
Define
the terms ‘strategy’. Explain the following:
a) Corporate strategy
b) Business strategy
c) Functional strategy
Solution:
Definition of Strategy
2.
Define the term ‘management’.
Explain the Behavioural
science theory and
Systems theory.
Solution:
Management
3.
Give
the definition and importance of planning in an organisation and explain the steps
in planning.
Solution:
Planning and its importance
4.
What
is meant by leading? Describe the characteristics of leading.
Solution:
concept of leading
5.
What
are ‘attitudes’? Explain the components and functions of attitude.
Solution:
Attitude
6.
Define
leadership. Differentiate between ‘Laissez Faire’ and ‘democratic’ leadership
style.
Solution:
Leadership
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MB0039 -Business Communication
Drive- Spring 2014
1. As a speaker you are addressing a group
of people. Explain the elements involved in this communication.
Solution: Key elements of
communication
2. Describe any situation in your own
experience where the communication failed because the listening was faulty.
Identify the barrier to listening in this situation.
Solution:
Situation which I experienced where the communication failed
3.
Describe
any 5 types of presentations with examples and their target audience.
4.
Explain
the different types of meetings
5.
You
are going to face a job interview for the post of Manager-operations. Which aspects
you will keep in mind while facing the interview?
6.
Write
short notes on:
a)
Internet
Solution:
Meaning and benefits of Internet
b) Intranet
Solution:
Meaning and benefits of Intranet
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MB0040 STATISTICS FOR
MANAGEMENT
Drive- Spring 2014
1. A statistical survey is a scientific
process of collection and analysis of numerical data. Explain the stages of
statistical survey. Describe the various methods for collecting data in a
statistical survey.
Solution:
meaning of statistical survey
2. a) Explain the approaches to define
probability.
Solution:
Approaches to define probability
b) In a bolt factory machines A, B, C manufacture 25, 35
and 40 percent of the total output. Of their total output 5, 4 and 2 percent are
defective respectively. A bolt is drawn
at random and is found to be defective. What are the probabilities that it was
manufactured by machines A, B and C?
Solution:
3. a) The procedure of
testing hypothesis requires a researcher to adopt several steps. Describe in brief all such steps.
Solution: Hypothesis testing procedure
b) A sample of 400
items is taken from a normal population whose mean as well as variance is 4. If
the sample mean is 4.5, can the sample be regarded as a truly random sample?
Solution:
4.
a) What is a Chi-square test? Point out its applications.
Under what conditions is this test applicable?
Solution:
Meaning of chi-square test
b)
What are the components of time series? Enumerate the methods of determining
trend in time series.
Solution:
Components of Time series
5. What do you mean by cost of living
index? Discuss the methods of construction of cost of living index with an
example for each.
Solution:
Meaning of cost of living index
6. a) What is analysis of variance? What
are the assumptions of this technique?
Solution:
Meaning of analysis of variance
b) Three samples below have been obtained from normal
populations with equal variances.
Test the hypothesis at 5% level that the population means are equal.
A B C
8 7 12
10 5 9
7 10 13
14 9 12
11 9 14
[The table value of F at 5% level of
significance for 1 = 2 and 2 = 12 is 3.88]
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MB0041- FINANCIAL AND
MANAGEMENT ACCOUNTING
Drive – Spring 2014
1. Accounting is an art of recording,
classifying and summarizing in a significant manner and in terms of money
transactions and events. Explain the accounting process and write the
objectives of accounting.
Solution:
Accounting process
2. Journal is a book of original entry and
only one journal is maintained if the business is very small in size and the
transactions are limited. Give the meaning of a subsidiary book. List and
explain all the types of subsidiary books.
Solution:
Subsidiary books
3. For the following
balances extracted from a trial balance, prepare a trading account.
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Particulars
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Amount in Rs.
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Stock on
1-1-2004
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70700
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Returns
inwards
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3000
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Returns
outwards
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3000
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Purchases
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102000
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Debtors
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56000
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Creditors
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45000
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Carriage
inwards
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5000
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Carriage
outwards
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4000
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Import duty on
materials received from
Abroad
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6000
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Clearing charges
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7000
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Rent of business shop
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12000
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Royalty paid to extract materials
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10000
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Fire insurance on stock
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2000
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Wages paid to workers
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8000
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Office salaries
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10000
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Cash discount
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1000
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Gas, electricity, and water
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4000
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Sales
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250000
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Solution: Preparation of trading account
4.
Write
short notes on:
a.
Cost Management System(CMS)
Solution: Cost
Management System (CMS)
b.
Value added
Solution: Value Added
5.
Ajay
industries manufactures a product X. On 1st January, 2007, there
were 5000 units of finished product in stock.
Work-in-progress Rs.57, 400
Raw
materials Rs.1, 16,200
The
information available from cost records for the year ended 31st
December, 2007 is as follows:
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Direct
material
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9,06,900
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Direct
labour
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3
,26,400
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Freight
on R M purchased
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55,700
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Indirect
labour
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1,21,600
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Other
factory overhead
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3,17,300
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Stock
of raw materials on 31st Dec 2007
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96,400
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Work-in-progress
on 31st Dec 2007
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78,200
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Sales
(1,50,000 units)
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30,00,000
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Indirect
materials
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2,13,900
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There are 15000 units of finished stock in hand on 31st
December 2007. Prepare a statement of cost and profit assuming that opening
stock of finished goods is to be valued at the same cost per unit as the
finished stock at the end of the period.
Solution:
Preparation of statement of cost and profit
6.
Assume a company is considering dropping product B from
its line because accounting
statement shows that product B is being sold at a loss.
Income Statement
Product
A B C Total
Sales
revenue 50,000 7,500 12,500 70,000
Cost of sales:
D.
material 7,500 1,000 1,500 10,000
D.
labour 15,000 2,000 2,500 19,500
Indirect
manufacturing cost (50% of 7,500 1,000 1,250 9,750
Direct labour)
Total 30,000 4,000 5,250 39,250
Gross
margin on sales 20,000 3,500 7,250 30,750
Selling
and Admn 12,500 4,500 4,000 21,000
Net
income 7,500 (1,000) 3,250 9,750
Additional information:
a)
Factory overhead cost is made up of fixed cost of Rs.
5850 and variable cost of
Rs. 3900.
b)
Variable
cost by products
are: A - Rs. 3000, B - Rs. 400, and C - Rs. 500.
c)
Fixed
costs and expense will not be changed if product B is eliminated.
d)
Variable selling and administrative expenses to the
extent of Rs. 11000 can be traced to
the product: A - Rs.7,500, B - Rs.1500,
and C - Rs. 2000.
e)
Fixed selling and administration expense are Rs. 10000.
Solution: Preparation of income
statement
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MB0042- MANAGERIAL
ECONOMICS
Drive – spring 2014
1.
Inflation is a
global Phenomenon which is associated with high price causes decline in the
value for money. It exists when the
amount of money in the country is in excess of the physical volume of goods and
services. Explain the reasons for this monetary phenomenon
Solution: Define Inflation
2.
Monopoly is the
situation there exists a single control over the market producing a commodity
having no substitutes with no possibilities for anyone to enter the industry to
compete. In that situation, they will not charge a uniform price for all the
customers in the market and also the pricing policy followed in that situation.
Solution: Monopoly
3.
Define Fiscal
Policy and the instruments of Fiscal policy.
Solution: Fiscal policy
4.
Describe
Cost-Output Relationship in brief.
Solution: Cost-output relationship
5.
Discuss the
practical application of Price elasticity and Income elasticity of demand.
Solution: Practical application of price elasticity
of demand
6.
Discuss the
scope of managerial economics.
Solution: Managerial Economics
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MB0043 -Human Resource
Management
Spring 2014
1. Explain the objectives and methods of Training.
Solution: Objectives of Training
2. Discuss the elements of a Career Planning Programme.
Explain some of the benefits of a Career Planning program to an organization
Solution: Elements of a Career Planning Programme
3. Explain the process of Job Analysis. Discuss the
methods of Job Analysis
Solution: Process of Job Analysis
4. Discuss the objectives of Discipline. Explain the
Action -penalties of Discipline
Solution: Objectives of Discipline
5. Suppose you have joined as an HR and you have been
assigned a task to carry out the grievance handling procedure in your
organization. What according to you are the causes of Grievance? Describe in
detail the Grievance handling procedure.
Solution: Causes of Grievance
6. Write a short note on the following :
a) Index /Trend Analysis
b) Delphi Technique
Solution: Meaning and procedure of Delphi Technique
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