Monthly Archives: January, 2013

MB0048 – Operations Research

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MB0048_MBA_Sem2_Fall/August 2012
Master of Business Administration – MBA Semester 2
MB0048 – Operations Research- 4 Credits
Assignment Set- 1 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q.1  Maximise   z = 3×1 + 4×2
Subject to constrains 5×1 + 4×2 200;
3×1 + 5×2 150;
5×1 + 4×2100;
8×1 + 4×280,
x1 0, x2 0
Answer :  The
Q.2 State the ways in which customers in a queue are served.
Answer :  Queuing theory is the mathematical study of waiting lines, or queues. In queuing theory a model is constructed so that queue lengths and waiting times can be predicted.
Queuing theory started
Q.3 Explain the use of simulation in networks? What are the advantages of using simulation?
Answer :   
Simulation: is a representation of reality through the use of a model or other device, which will react in the similar manner as reality under a given set of conditions.
Q.4 Explain maximin-minimax principle. Briefly describe the characteristics of competitive game
Answer :  Maxim in – Minima Principle
Q.5 A project has 10 activities. The following table shows the information about the activities.
Table 14.5: Activities information
Activity
Preceding activity
Duration in weeks
A
6
B
3
C
A
5
D
A
4
E
A
3
F
C
3
G
D
5
H
B, D, E
5
I
H
2
J
I, G, F
3
·         Draw the network
·         Find the project duration
·         Identify the CPM
·         Prepare the schedule
Answer :
Q.6 Discuss different types of service systems?
Answer :  Partly based on the experiences of SusProNet, a major Thematic network under the EU’s 5th Framework Research Programme, this paper discusses the environmental and economic prospects of product-service systems (PSS). Since unlike
MB0048_MBA_Sem2_Fall/August 2012
Master of Business Administration – MBA Semester 2
MB0048 – Operations Research – 4 Credits
Assignment Set- 2 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q.1 Explain project management (PERT) & Project scheduling of PERT.
Answer :  Some key points about PERT are as follows:
1. PERT was developed in connection with an R&D work. Therefore, it had to cope with the uncertainties that are associated with R&D activities. In PERT, the total project duration is regarded as a random variable. Therefore, associated probabilities are calculated so as to characterise it.
Q.2 Write a short note on Monte-Carlo simulation? What are the Limitations of using Simulation?
Answer :  Simulation is also called experimentation in the management laboratory. While dealing with business problems, simulation is often referred to as ‘Monte Carlo Analysis’. Two American mathematicians, Von Neumann and Ulan, in the late 1940s found a problem in the field of nuclear physics too complex for analytical solution and too dangerous for
Q.3 In a rectangular game, pay-off matrix of player A is as follows:
I) Solve the game.
ii) Write down the pay-off matrix of B and then, solve the game.
Answer : Value is
Q.4 A marketing manager has 5 salesmen and 5 sales districts. Considering the capabilities of the salesman and the nature of districts, the marketing manager estimates that the sales per month (in hundred rupees) for each salesman in each district would be as follows.
Sales districts
A
B
C
D
E
Salesmen
1
32
38
40
28
40
2
40
24
28
21
36
3
41
27
33
30
37
4
22
38
41
36
36
5
29
33
40
35
39
Find the assignment of salesman to districts that will result in maximum sales.
Answer :  Solution:
Q.5 Define PERT & CPM. Write down the basic difference between PERT and CPM.
Answer : A PERT chart is a project management tool used to schedule, organize, and coordinate tasks within a project. PERT stands for Program Evaluation Review Technique, a methodology developed by the U.S. Navy in the 1950s to manage the Polaris submarine missile program. A similar methodology, the Critical Path Method (CPM) was developed for project management in the private sector at about the same time.
Q.6 Explain Linear programming problem by giving two examples & write any 3 applications of Linear Programming problem Salesman
Answer :  The LPP is a class of mathematical programming
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MB0047 – Management Information Systems

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Feb/Spring 2012


Master of Business Administration – MBA Semester II
MB0047 – Management Information Systems – 4 Credits
(Book ID: B1136)
Assignment – Set- 1 (60 Marks)
Marks-60
Attempt each question. Each question carries 10 marks:
Q1. What is MIS? Define the characteristics of MIS? What are the basic Functions of MIS? Give some Disadvantage of MIS?
Answer : The industrial revolution has slowly replaced man power with machines. There emerged the use of computer for data processing. The digital computer was mainly designed to handle scientific calculations. During 1940 to
Q2. Explain Knowledge based system? Explain DSS and OLAP with example?
Knowledge Based System (KBS)
Answer : KBS are the systems based on knowledge base. Knowledge base is the database maintained for knowledge management which provides the means of data collections, organization and retrieval of knowledge. The knowledge
Q3. What are Value Chain Analysis & describe its significance in MIS? Explain what is meant by BPR? What is its significance? How Data warehousing & Data Mining is useful in terms of MIS?
Answer : Product Differentiation and Value Chain
Product differentiation is the degree to which buyers perceive products from alternative suppliers to be different. It is expressed by economic theory, the degree to which buyers perceive imperfections in product substitutability. The buyers of differentiated
Q4. Explain DFD & Data Dictionary? Explain in detail how the information requirement is determined for an organization?
Answer : DFD
Data flow diagrams represent the logical flow of data within the system. DFD do not explain how the processes convert the input data
Q5. What is ERP? Explain its existence before and its future after? What are the advantages & Disadvantages of ERP? What is Artificial Intelligence? How is it different from Neural Networks?
Answer : Due to Internet capabilities and web technology, traditional business organization definition has undergone a change where scope of the enterprise now includes other company locations, business partners, customers and vendors. It has no geographic boundaries as it can extend its operations where Internet works. All this is possible due to Internet and web moving traditional paper driven organization to information driven Internet enabled E-business
Q6. Distinguish between closed decision making system & open decision making system? What is ‘What – if‘ analysis? Why is more time spend in problem analysis & problem definition as compared to the time spends on decision analysis?
Answer : The decision-making systems can be classified in a number of ways. There are two types of systems based on the manager’s knowledge about the environment. If the manager operates in a known environment then it is a closed decision-making system. The
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Master of Business Administration – MBA Semester II
MB0047 – Management Information Systems – 4 Credits
(Book ID: B1136)
Assignment – Set- 2 (60 Marks)
Marks-60
Attempt each question. Each question carries 10 marks:
Q1. How hardware & software support in various MIS activities of the organization?
Explain the transaction stages from manual system to automated systems?
Answer : Hardware support for MIS
Generally hardware in the form of personal computers and peripherals like printers, fax machines, copier, scanners etc are used in organization to support various MIS activities of the organization.
1.6.1 Advantages of a PC:
Q2. Explain the various behavioral factors of management organization? As per Porter, how can performance of individual corporations be determined?
Answer : Behavioral factors
The implementation of computer based information systems in general and MSS in particular is affected by the way people perceive these systems and by how they behave in accepting them. User resistance is a major behavioral factor associated with the adoption of new systems. The following are compiled by Jiang et al. (2000); reasons that
Q3. Compare various types of development aspect of Information System? Explain the various stages of SDLC?
Answer : Planning of Information Systems
a) Development of Long Range Plans of the MIS
Q4. Compare & Contrast E-enterprise business model with traditional business organization model? Explain how in E-enterprise manager role & responsibilities are changed? Explain how manager is a knowledge worker in E-enterprise?
Answer : Due to Internet capabilities and web technology, traditional business organization definition has undergone a change where scope of the enterprise now includes other company locations, business partners, customers and vendors. It has no geographic boundaries as it can extend its operations where Internet works. All this is possible due to Internet and web
Q5. What do you understand by service level Agreements (SLAs)? Why are they needed? What is the role of CIO in drafting these? Explain the various security hazards faced by an IS?
Answer : A service-level agreement (SLA) is a contract between a network service provider and a customer that specifies, usually in measurable terms, what services the network service provider will furnish. Many Internet service providers (ISP)s provide their customers with an SLA. More recently, IS departments in major enterprises have
Q6.   Case Study: Information system in a restaurant.
Answer :  A waiter takes an order at a table, and then enters it online via one of the six terminals located in the restaurant dining room. The order is routed to a printer in the appropriate preparation area: the cold item printer if it is a salad, the hot-item printer if it is a hot sandwich or the bar printer if it is a drink. A customer’s meal check-listing (bill) the items ordered and the respective prices are automatically generated. This ordering system eliminates the old three-carbon-copy guest check system as well as any problems caused by a waiter’s handwriting. When
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MB0046 – Marketing Management

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MB0046_MBA_Sem2_Fall/August 2012
Master of Business Administration – MBA Semester 2
MB0046 – Marketing Management – 4 Credits
Assignment Set- 1 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q.1 Marketing involves satisfaction of consumer needs’. Elucidate the statement.
Answer :  Customer satisfaction refers to the extent to which customers are happy with the products and services provided by a business. Customer satisfaction levels can be measured using survey techniques and questionnaires. Gaining high levels of customer satisfaction is very important to a business because satisfied customers are most likely to be loyal and to make repeated orders and to use a wide range of services offered by a business.
Q.2 Conduct a SWOT analysis for any one automobile brand of your choice. How will this analysis help in planning marketing strategies for the brand?
Answer :  SWOT is an acronym for strengths, weaknesses, opportunities and threats, and represents the key categories for a particular type of business analysis. Car dealerships use it to determine how they fare versus competitors in their local markets. They also use SWOT analyses to obtain loans, differentiate themselves from key competitors, establish business objectives, and develop marketing strategies. According to MindTools.com, the most effective objectives for a SWOT analysis are those that are measurable.
Strengths
Q.3 Explain in brief the process involved in personal selling.
Answer :  Personal selling is the most expensive form of advertising and to be effective one should use a step by step process to gain the most benefit. Personal selling can adjust the manner in which facts are communicated and can consider factors such as culture and behaviour in the approach. They can ask questions to discover the specific need of the customer and can get feedback and adjust the presentation as it progresses.
Q.4 Describe the stages of business buying process.
Answer :  20 Steps to Business Buying
VR’s Proven 20 Step Buying Process for Buying an Existing Business summarizes the Buying Process and is an excellent “road map” for new buyers to understand before they embark on this exciting path of controlling their own future.
As discussed under The Buying Process section, our first step in working with you is to help you identify the right type of business for you. If you choose to pursue an existing business, we will support you every step of the way with our proven 20 step buying process.
Q.5 Why is rural market important? What should marketers keep in mind when catering to this market?
Answer :  Marketers should know one basic rule-India is second largest consumer market in the world. India has over 1 billion potential customers; hence one can see no surprise why consumer goods companies see India as most prolific ground for development, expansion and growth.
Q.6 Explain the core concepts of marketing. Define service and explain its relevance in modern society
Answer :  Marketing as a subject of study is now attracting attention from business firms, companies, institutions and even from countries. In history, its origin dates back to the days when the people realized that he should specialize only in the activity to which he was best suited and he found it to be his advantage to utilize the services of others when they could do things better than him. This specialization created the necessity of exchange and thus the foundation of business was started. After Industrial Revolution, there were changes in the techniques, methods and volume of production. Large scale production introduced the new methods of marketing to create demand for products and services.
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MB0046_MBA_Sem2_Fall/August 2012
Master of Business Administration – MBA Semester 2
MB0046 – Marketing Management – 4 Credits
Assignment Set- 2 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q.1 Explain the various steps involved in the design of a distribution channel.
Answer : Distribution is one of the classic “4 Ps” of marketing (product, promotion, price, placement a.k.a. “distribution”). It’s a key element in your entire marketing strategy — it helps you expand your reach and grow revenue.
B2B and B2C companies can sell through a single channel or through multiple channels that may include:
Q.2 Will the pricing and product policy of a multinational firm be different in a developed and an underdeveloped country? Justify your answer.
Answer :  Multinational corporations are business entities that operate in more than one country. The typical multinational corporation or MNC normally functions with a headquarters that is based in one country, while other facilities are based in locations in other countries. In some circles, a multinational corporation is referred to as a multinational enterprise (MBE) or a transnational corporation (TNC).
Q.3 Explain the consumer decision making process
Answer :  Consumers make numerous decisions everyday; sometimes even when they are not consciously aware of how and why they have made a choice. The consumer as a decision maker is viewed in different ways by different groups of researchers. The economic view holds that consumers are rational decision makers, while some other researchers view the consumers as uninvolved, passive decision makers.
Q.4 What is integrated marketing communication? Explain the integration marketing communication development process.
Answer :  Integrated Marketing Communications is a simple concept. It ensures that all forms of communications and messages are carefully linked together.
Q.5 Explain the types of advertisements and characteristics of major media.
Answer :  Types of Media and Their Characteristics
In terms of overall advertising expenditures, media advertising is still dominated by Press and television, which are of comparable size (by value of ‘sales’). Posters and radio follow some way behind, with cinema representing a very specialist medium.
Q.6 What are the advantages of branding? What value does the organisation and customers get out of the branding process?
Answer : Branding is the process of creating distinctive and durable perceptions in the minds of consumers. A brand is a persistent, unique business identity intertwined with associations of personality, quality, origin, liking and more. Here’s why the effort to brand your company or yourself pays off.
1. Memo ability
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MB0045 –Financial Management

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MB0045_MBA_Sem2_Fall/August 2012
Master of Business Administration – MBA Semester 2
MB0045 –Financial Management – 4 Credits
Assignment Set- 1 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q.1 Considering the following information, what is the price of the share as per Gordon’s Model?
Details of the Company
 Net sales
Rs.120 lakhs
Net profit margin
12.5%
Outstanding preference shares
Rs.50 lakhs@ 12% dividend
No. of equity shares
25, 000
Cost of equity shares
12%
Retention ratio
40%
Rate of interest (ROI)
16%
Answer : GORDON’S MODEL:
Q.2 Examine the components of working capital & also explain the concepts of working capital.
Answer :  There are two important concepts of Working Capital – gross and net
Gross Working  Capital:
Q.3 Internal capital rationing is used by firms for exercising financial control. How does a firm achieve this?
Answer :  Capital budgeting decisions involve huge outlay of funds. Funds available for  projects may be limited. Therefore, a firm has to prioritize the projects on the basis of availability of funds and economic compulsion of the firm. It is not possible for a company to take up all the projects at a time. There is the need to rank them on the basis of strategic compulsion and funds availability. Since companies will have to choose one from among many competing investment proposal the need to develop criteria for Capital rationing cannot be ignored. The companies may have many profitable
Q.4 What are the objectives of working capital management? Briefly explain the various elements of operating cycle.
Answer :  Aim of Working Capital Management
Working Capital Management:
Working Capital Management refers to the planning, execution and control of investment in and financing of
Q.5 Define risk. Examine the need for assessing the risks in a project.
Answer :  Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable outcome). The notion implies that a choice having an influence on the outcome exists (or existed). Potential losses themselves may also be called “risks”. Almost any human endeavour carries some risk, but some are much more risky than others.
Q.6 Briefly examine the significance of identification of investment opportunities in capital budgeting process
Answer :  The extent to which the capital budgeting process needs to be formalized and systematic procedures established depends on the size of the organization, number of projects to be considered, direct financial benefit of each project considered by itself, the composition of the firm’s existing assets and management’s desire to change that composition, timing of expenditures associated with the that are finally accepted.
1. Planning
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MB0045_MBA_Sem2_Fall/August 2012
Master of Business Administration – MBA Semester 2
MB0045 – Financial Management – 4 Credits
Assignment Set- 2 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q.1 Examine the reasons for holding inventories by a firm & also discuss the techniques of inventory control.
Answer : Whether a business is in retailing or manufacturing, there are several cogent reasons for holding inventory. Businesses may hold stocks of raw materials, spare parts for machinery, work in progress or finished goods. Given that there are costs involved with purchases, orders and carriage inwards, a firm might want to minimize its order costs and utilize storage space efficiently. While a business would incur holding costs when storing inventory, these costs can be offset if there are good business reasons for so doing.
Q.2 a.) A bond of Rs. 1000 value carries a coupon rate of 10% and has a maturity period of 6 years. Interest is payable semi-annually. If the required rate of return is 12%, calculate the value of the bond. ( 5marks)
Answer : PVIFA(Kd,n)
b.) A bond whose par value is Rs. 500 bearing a coupon rate of 10% and has a maturity of 3 years. The required rate of return is 8%. What should be the price of the bond? ( 5marks)
Answer :  solution
 {I+ (F
Q.3 Examine the features & evaluation of decision-tree approaches.

ANSWER : DECISION-TREE APPROACH

THE DECISION-TREE APPROACH (DT) IS ANOTHER USEFUL ALTERNATIVE FOR EVALUATING RISKY INVESTMENT PROPOSALS. THE OUTSTANDING FEATURE OF THIS METHOD IS THAT IT TAKES INTO ACCOUNT THE IMPACT OF ALL PROBABILISTIC ESTIMATES OF POTENTIAL OUTCOMES. IN OTHER WORDS, EVERY POSSIBLE OUTCOME IS WEIGHED IN PROBABILISTIC TERMS AND THEN EVALUATED. THE DT APPROACH IS ESPECIALLY USEFUL FOR SITUATIONS IN WHICH DECISIONS AT ONE POINT OF TIME ALSO AFFECT THE DECISIONS OF THE FIRM AT SOME LATER DATE. ANOTHER USEFUL APPLICATION OF THE DT APPROACH IS FOR PROJECTS WHICH REQUIRE DECISIONS TO BE MADE IN SEQUENTIAL PARTS.

Q.4 If the EPS is Rs.5, dividend pay-out ratio is 50%, cost of equity is 20% and growth rate in the ROI is 15%. What is the value of the stock as per Gordon’s Dividend Equalisation Model?
Answer : Hint: Apply the
Q.5 Critically examine the pay-back period as a technique of approval of projects.
Answer :  Definition: An investment’s payback period in years is equal to the net investment amount divided by the average annual cash flow from the investment.
Q.6 Two companies are identical in all aspects except in the debt-equity profile. Company X has 14% debentures worth Rs. 25,00,000 whereas company Y does not have any debt. Both companies earn 20% before interest and taxes on their total assets of Rs. 50,00,000. Assuming a tax rate of 40% and cost of equity capital to be 22%, find out the value of the companies X and Y using NOI approach.
Answer:
Solution
S= 1000
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MB0044 – Productions & Operations Management

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MB0044_MBA_Sem2_Fall/August 2012
Master of Business Administration – MBA Semester 2
MB0044 – Productions & Operations Management- 4 Credits
Assignment Set- 1 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q.1 What do you understand by Vendor-Managed Inventory (VMI)?
Answer :  Vendor-managed inventory (VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material, usually at the buyer’s consumption location (usually a store). A third-party logistics provider can also be involved to make sure that the buyer has the required level of inventory by adjusting the demand and supply gaps.
Q.2 Explain briefly the four classification of scheduling strategies & its approaches.
Answer : Scheduling strategies
A typical scheduling strategy used in Argentinian radio and television is called “pase” (Spanish for a “pass” as in a player passing the ball to another player of the same team). A few minutes before the end of a live broadcast show, followed by another live broadcast show, people from both programmes will share some air time together. This may be used for people from the starting programme to anticipate its contents of the day, or to participate in an ongoing discussion in the previous show, or
Q.3 Define production management. What are the various functions involved in production management?
Answer :  Production management means planning, organising, directing and controlling of production activities.
Production
Q.4 Explain the various phases in project management life cycle.
Answer : Phases of project management life cycle
Project management life cycle has six phases:
·         Analysis and evaluation phase
·         Marketing phase
·         Design phase
·         Execution
·          
Q.5 Explain the ingredients of a business process. Explain Physical Modelling.
Answer :  Ingredients of Business Process
 1) Time: You must understand that time is money. In business, our objective is to make money. Period. But the question is how productively you convert your time into money. Are you making full use of your time or you just let the time pass by you? How much you make depends on how good you are at converting time to money. If you are already productive, then you may want to ask what are the things you can do to improve further the ratio of dollar/second? If you are making $0.01/second, what you can dote
Q.6 Define the term quality. Explain the concept of quality at source.
Answer :  In order thoroughly to examine costs and benefits of schemes aimed at differentiating products and processes on the basis of quality criteria, it is important to define the concept of “quality”. Following the definition developed by Grunter and used by Burrell at al. in their report to the EC,7 there are two different approaches to food quality. The holistic approach refers to quality as inclusive of all the desirable characteristics that a product is perceived to have. On the contrary, the excellence approach defines quality only by examining specific characteristics that make a product of better quality or to follow higher standards.
It is also possible
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MB0044_MBA_Sem2_Fall/August 2012
Master of Business Administration – MBA Semester 2
MB0044 – Productions & Operations Management – 4 Credits
Assignment Set- 2 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q.1 What is value engineering? Explain the steps involved in Value analysis.
Answer :  Value engineering (VE) is a systematic method to improve the “value” of goods or products and services by using an examination of function. Value, as defined, is the ratio of function to cost. Value can therefore be increased by either improving the function or reducing the cost. It is a primary tenet of value engineering that basic functions be preserved and not be reduced as a consequence of pursuing value improvements.[1]
In
Q.2 Describe dimensions of quality. Which are the quality control tools?
Answer :
Q.3 What are the objectives of layout? Explain the classification of layouts.
Answer :  The main objectives of plant layout is to optimising the process of production process within the plant. such an optimizing results in :
1- Productivity of activities
2-
Q.4 List the benefits of forecasting. Discuss the role of forecasting in modern business context.
Answer : Forecasting benefits
NOT MANY PEOPLE have trouble calculating costs. It takes a little more ingenuity to pin down the benefits. There are three main categories of benefit:
·         Direct cost savings: savings in
Q.5 Mention the significance of plant location decision. Explain the location decision sequence.
Answer :   Units concerning both manufacturing as well as the assembling of the products are on a very large scale affected by the decisions involving the location of the plant. Location of the plant itself becomes a very important factor concerning service facilities, as the plant location decisions are strategic and long-term in nature.
Q.6 What is meant by business process? Explain logical process modelling?
Answer :  What Is a Business Process?
A process is a coordinated set of activities designed to produce a specific outcome. There are processes for saving a file, constructing a building, and cooking a meal. In fact, there is a process for almost everything we do. A business process is a type of process designed to achieve a particular business objective.
Business
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MB0043 –Human Resource Management

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Fall/August 2012
Master of Business Administration- MBA Semester 1
MB0043 –Human Resource Management – 4 Credits
(Book ID:B1626)
Assignment Set- 1 (60 Marks)
Note: Each Question carries 10 marks. Answer all the questions.
Q1.Explain the role of HR executives in an organisation.
Answer : Human resources (HR) executives are professionals with a high-profile job to do. They play an integral part in a company’s management of personnel and serve as the head of the HR department. Strategic Functions
Q2.What are the steps involved in HR planning?
Answer :  The steps for effective HR planning encompass demand forecasting, supply forecasting, audit, reconciliation or affecting a demand-supply fit, and control.
Q3.What are the different types of on-the-job and off-the-job training?
Answer : On-the-job training
Trainings in an organization can be divided to two broad types. They are on-the-job trainings and off-the-job trainings. These on-the-job trainings are given to the employees while they are conducting their regular works at the same places. In
Q4.What are the benefits of carrying out performance appraisal in organisations?
Answer : Performance appraisal may be defined as an evaluation made by the employer or the top management. The purpose of implementing or carrying out performance appraisal activity is to judge the overall performance of the employees in the business organization. It is by means of this activity that the aspects, whether the
Q5.What are the methods of carrying out job analysis?
Answer : What is Job Analysis?
Job analysis is a systematic exploration of the activities within a job. It is a technical procedure, one that is used to define the duties, responsibilities and accountabilities of a job.
Q6.Ms.Varuna Agawam is the HR Manager of Milestones Put Ltd. She wants to ensure that employee discipline is well maintained. What are the important principles that have to be observed in the maintenance of discipline?
Answer :
Since, disciplinary measures have serious implications for employees; they often are based on the principles of being fair, just and acceptable to employees and, where applicable, the union as well. It cannot be enforced or imposed on employees, as history has proved, it never benefits anyone. So one of the most significant transformations that has impacted the workplace in the past few years is the ‘reinstatement’ of discipline in a
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Fall/August 2012
Master of Business Administration- MBA Semester 1
MB0038 –Management Process and Organizational Behaviour – 4 Credits
(Book ID:B1621)
Assignment Set- 2 (60 Marks)
Note: Each Question carries 10 marks. Answer all the questions.
Q1.Explain the elements of a career planning programme.
Answer : Elements of Career Planning Programs
Though programs differ, four distinct elements of career planning programs emerge. They include (1) individual assessments of abilities, interests, career needs, and goals;
(2)
Q2.Explain the application of HRIS in human resource management.
Answer :  The Human Resource Information System (HRIS) is a software or online solution for the data entry, data tracking, and data information needs of the Human Resources, payroll, management, and accounting functions within a business. Normally packaged as a data base, hundreds of companies sell some form of HRIS and every HRIS has different capabilities. Pick your HRIS carefully based on the capabilities you need
Q3.What are the factors that affect recruitment?
Answer : Introduction
Recruitment is defined as a process of searching for prospective employees and stimulating them to apply for jobs in the organization. Recruitment is defined as, “a process to discover the sources of manpower to meet the requirements of the staffing schedule and to employ effective measures for attracting that manpower in adequate numbers to facilitate effective selection of an efficient workforce.”
Q4.Write a short note on minimum wage, fair wage and living wage.
Answer : Wages have been classified into three categories:
(1) Living wages                (2) Minimum wages (3) Fair wages
(1)          Living Wages-
Q5.List the advantages and limitations of job evaluation.
Answer :  Job evaluations are performed for several reasons, most commonly to determine the monetary value of a job with a company. A second common reason is to discover overlapping jobs that cause two or more workers to perform the same duty. Thirdly, evaluations can uncover work flow gaps that can slow production. Two of the most common job evaluation methods are job ranking and the points method.
Q6.Mr.Ajit Sakkara is the HR Manager of a BPO. He feels that the organisation must provide flexi timing for the employees as an HR initiative. What are benefits that you feel Mr.Ajit’s initiative will bring to the organisation and to the employees?
Answer :
Many organizations recognize that a diverse workforce helps the organization understand and respond to the needs of an increasingly diverse client base. Diversity at all levels allows the organization to be responsive to the needs of the community it serves in three areas of customer service: at the strategy level where strategic decisions about organizational direction and service delivery are made; at the design level
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MB0042 – Managerial Economics

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MBA- Semester 1
Assignment – Marks 60 (6X10=60)
MB0042 – Managerial Economics – 4 Credits
Subject Code- MB0042
Note: Each question carries 10 Marks. Answer all the questions.
(Please type the answers in the same sheet one after another and upload the soft copy on EduNxt for evaluation)
Q1.         Explain the importance of managerial economics.
Answer : Introduction
Economics is a growing subject. Many new branches have been developed by various economists from time to time to meet the requirements of the Time. One such new addition is Managerial Economics. It is interesting to study the reasons for the emergence of this new branch of economics. In the last few decades all over the world business has expanded and diversified ate fast rate. Variety of goods and services unheard of so far have been
Q2.         Discuss the determinants of price elasticity of demand.
Answer : Determinants of Price Elasticity of Demand
 1. Number of close substitutes within the market – The more (and closer) substitutes available in the market the more elastic demand will be in response to a change in price. In this case, the substitution effect will be quite strong.
2. Percentages of income spent on a good – It may be the case that
Q3.         Explain trend projection method of demand forecasting with illustration.
Answer : rend projection method is a classical method of business forecasting. This method is essentially concerned with the study of movement of variable through time. The use of this method requires a long and reliable time series data. The
Q4.         Define Perfect Competition. Also explain its features in brief.
Answer :  What is Perfect Competition ?
Perfect Competition is a market structure where there is a perfect degree of competition and single price prevails.
Nothing is 100% perfect in this world. So, this states that perfect competition is only a theoretical possibility and it does not exist in reality.
Main Features of
Q5.         Explain how a product would reach equilibrium position with the help  of –iso-quants and is-cost curve.
Answer : When producing a good or service, how do suppliers determine the quantity of factors to hire? Below, we work through an example where a representative producer answers this question. Let‘s begin by making some assumptions. First, we shall assume that our producer chooses varying amounts of two factors, capital (K) and labor (L). Each factor was a price that does not vary with output. That is, the price of each unit of labor (w) and
Q6.         Explain cost output relationship with reference to:
a.            Total fixed cost and output
Answer : Total fixed cost and output:
TFC refers to total money expenses incurred on fixed inputs like plant, machinery, tools & equipments in the short run. Total fixed cost corresponds to the fixed inputs in the short run production function. TFC remains the same at all levels of output in the short run. It is the same when output is nil. It indicates that whatever may be the quantity of output, whether 1 to 6 units, TFC remains constant. The TFC curve is horizontal
b.            Total variable cost  and output
Answer : Total variable cost and output:
TVC refers to total money expenses incurred on the variable factor inputs like raw materials, power, fuel, water, transport and communication etc, in the short run. Total variable cost corresponds to variable inputs in the short run production function. It is obtained by summing up the production of quantities of variable inputs multiplied by their prices. The formula to calculate TVC is as follows. TVC = TC-TFC. TVC = f (Q) i.e. TVC is an increasing function
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Master of Business Administration- MBA Semester 1 Fall 2012
MB0042 – Managerial Economics – 4 Credits
(Book ID: B1625)
Assignment Set – 2 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q1. Write a note on Marris growth maximising model.
Answer : Profit maximization is traditional objective of a firm. Sales maximization objective is explained biro. Bokmal. On similar lines, Prof. Marries has developed another alternative growth maximization model in recent years. It is a common factor to observe that each firm aims at maximizing its growth rate as this goal would answer many of the objectives of a firm. Marries points out that a firm has to maximize its balanced growth rate over a period of time.
Q2. Explain in brief the relationship between TR, AR and MR under perfect market conditions.
Answer :  : Revenue is the income received by the firm. There are three concepts of revenue – Total revenue, Average revenue and Marginal revenue.
1. Total revenue (TR)
Unit 7 Total revenue refers to the total amount of money that the firm receives from the sale of its products, i.e. .gross revenue.
In other words, it is the total sales receipts earned
Q3. What is perfect competition? Explain the equilibrium of a firm under perfect competition in the long run.
Answer :  
·         Definition of ‘Perfect Competition’
A market structure in which the following five criteria are met:
1. All firms sell an identical product.
Q4. What is oligopoly? Explain the features of oligopoly market.
Answer :  An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). The word is derived from the Greek for a few over many. Because there are few participants in this type of market, each oligopolistic is aware of the actions of the others. The decisions of one firm influence, and are influenced by the decisions of other firms. Strategic planning by oligopolists always involves taking into account the likely responses of the other market participants. This causes
Q5. Explain wholesale price index with suitable illustration.
Answer :  The Wholesale Price Index (WPI) is also known as the Producer’s Price Index (PPI). It measures the prices of goods at the wholesale price before goods are distributed in the retail market.  This statistic is released monthly and it shows the average price changes of goods in bulk selling in a month.  It is used also as a measure of inflation or deflation to show how wholesale prices went up or down relative from the previous
Q6. What is investment function? Discuss the various factors that determine the investment function.
Answer : Investment is the second important component of effective demand. In Keynesian economics, the term investment has a different meaning.
In the ordinary language, it refers to financial investment. It means purchase of stocks, shares, debentures, bonds etc.
In this case, there is only transfer of rights or
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MB0040 – Statistics for Management

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Master of Business Administration- MBA Semester 1
MB0040 – Statistics for Management – 4 Credits
(Book ID: B1623)
Assignment Set – 1 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q1. Mention the characteristics of Statistics. Explain any two applications of Statistics.
Answer: -
Statistics is the study of the collection, organization, analysis, interpretation and presentation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments.
Ø  Characteristics of Statistics
·         Aggregate of Facts
Q2. Distinguish between primary and secondary data. What are the methods of collecting primary data?
Answer: -
 The Difference between Primary and Secondary Sources of Data Primary data is data, which is collected by the researcher themselves. This kind of data is new, original research information. Primary sources enable the researcher to get as close as possible to what actually happened and is hands on. A primary source reflects the individual viewpoint of a participant or observer. Primary sources are first-hand information from a person who witnessed or participated in an event.
Examples of
Q3. Find Karl Pearson’s correlation coefficient between the sales and expenses from the data given below:
Sales
(Rs. Lakhs)
50
50
55
60
65
65
65
60
60
50
Expenses (Rs. Lakhs)
11
13
14
16
16
15
15
14
13
13
Pearson’s Coefficient computational formula :
Answer :
Q4. The incidence of occupational disease in an industry is such that the workers have a 20% chance of suffering from it. What is the probability that out of six workers 4 or more will contract the disease?
Answer :
Q5. Use chi-square test to test if the two attributes (Performance and Training) in the following table are independent. Test at 5% level of significance.
Performance
Training
Intensive
Good
Average
Total
Above Average
100
150
40
290
Average
100
100
100
300
Poor
50
80
150
280
Total
250
330
290
870
Answer :  The Chi-Square Distribution
Q6. Construct index numbers of price for the following data by applying:
i) Laspeyre’s method
ii) Paasche’s method
iii) Fisher’s Ideal Index number
Commodity
Base year
Current year
Price
Quantity
Price
Price
A
2
8
A
2
B
5
10
B
5
C
4
14
C
4
D
2
19
D
2
Answer :
Solution:
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Master of Business Administration- MBA Semester 1
MB0040 – Statistics for Management – 4 Credits
(Book ID: B1623)
Assignment Set – 2 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q1. Distinguish between Classification and Tabulation of data. What are the types of Classification of data?
Answer :  Introduction
In any statistical investigation, the collection of the numerical data is the first and the most important matter to be attended. Often a person investigating, will have to collect the data from the actual field of inquiry. For this he may issue suitable questionnaires to get necessary information or he may take actual interviews; personal interviews are more effective than questionnaires, which may not evoke an adequate response. Another method of collecting data may be available in publications of Governmen
Q2. Calculate mean and median for the following data
Marks
0-20
20-40
40-60
60-80
80-100
100-120
120-140
No of Students
4
26
22
10
9
6
3
Answer :
Q3. Calculate the regression equations of X on Y and Y on X from the following data:
X
1
2
3
4
5
Y
2
5
3
8
7
Answer : If the plot
Q4. What is sampling? Briefly explain the various methods of sampling.
Answer : Sampling is a tool which enables us to draw conclusions about thecharacteristics of population.
By choosing a sample technique carefully, errors can be minimised. Let ustake a look at the different techniques available. The sampling techniquesmay be broadly classified into.
i) Probability Sampling
ii) Non-Probability Sampling
Q5. A company appoints four salesmen, A, B, C and D, and observes their sales in three seasons- summer, winter and monsoon. The figures ( in lakhs) are given in the following table:
Season
Salesman
    A
B
C
D
Total
Summer
36
36
21
35
128
Winter
28
29
31
32
120
Monsoon
26
28
29
29
112
Total
90
93
81
96
360
Carry out an analysis of variance at 5% level of significance.
Answer :  Let Ho : No significant difference between
Q6. The mean wage is Rs. 75 per day, SD wage is Rs 5 per day for a group of 1000 workers and the same is Rs 60 and Rs 4.5 for the other group of 1500 workers. Find mean and standard deviation for the entire group.
 Answer :
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MB0039 – Business Communication

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Fall/August 2012
Master of Business Administration- MBA Semester 1
MB0039 – Business Communication – 4 Credits
(Book ID: B1624)
Assignment Set – 1 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q1. Explain briefly the characteristics of communication.
Answer :  Communication is the meaningful interaction with people in such a manner that the ideal that the ideal thought is same and getting the feedback also. Communication is commonly defined as “the exchange of thoughts, ideas, feelings, information, opinions, and knowledge”. It also involves mutuality of understanding.
Definitions of Communication:
Q2. Name the communication channel to which teleconferencing, Email, and telephone
belong. Explain teleconferencing.
Answer : Two way, but not face-to-face channels .
Teleconferencing
Q3. “Informal communication network is not just for idle rumours and may be useful in many
ways.” Justify.
Answer : Another name for informal networks is the „grapevine‟. In this type of network,
information does not flow in a particular direction, as we have seen with formal networks. The information is also not passed on through official channels such as memos, notices or bulletin boards. The
Q4. Explain some of the approaches for handling customer complaints and listening to customers.
Answer :  I) Believe the customer
There is a saying that “The customer is the king.” Therefore it
is important to take the customers at their word, even though they may not be telling the truth,
rather than doubt what they are saying. Even if the customers‟ complaint may not be justified, it
is important to make an attempt to solve their problem.
Q5. Explain briefly the four steps of the review process.
Answer :  1. Review for strategy
 Review whether the document adheres to the design strategy. For example, whether objectives are accomplished, main idea is conveyed first or last, the technicalities‟ are defined as per target audience requirements, language style used is as per audience requirement, credibility is established, logical flow, etc.
2.
Q6. Explain the different delivery styles that speakers can select for their presentation.
Answer : I) Speaking impromptu
In this case, the speaker is called upon to say a few words without any warning or advance notice. Since there is little or no time given for preparation, it is suited for only expert speakers. Impromptu speeches must be brief, simple and direct, compared to prepared speeches.
ii) Speaking extemporaneously
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Fall/August 2012
Master of Business Administration- MBA Semester 1
MB0039 – Business Communication – 4 Credits
(Book ID: B1624)
Assignment Set – 2 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q1. Explain the five steps of SQ3R techniques of reading.
Answer :  1. Survey
Survey refers to a quick glance through the title page, preface and chapter headings of a text. By surveying, you will be able to gauge the main ideas of the text. Besides,
the author’s name, date, place of publication and title page can give you an idea of the general
subject area
Q2. Write a note on the responsibilities of chairperson during a meeting.
Answer :  1. Opening the meeting
The manner in which the meeting is opened is important, as good opening will ensure that the rest of the meeting proceeds smoothly. Generally, when you open a meeting it is a best practice to sum up what has been stated in the agenda – including the goals, background information and expectations of the participants. It is also a good idea to provide an outline of how the meeting will proceed, as well as schedule of the
Q3. When you write a memo what language and writing style will you follow, explain.
Answer : As a memo is a short, informal report, the following points have to be remembered regarding the language and style that is used:
I) Be concise
Q4. As a job applicant, how will you prepare for an interview?

ANSWER : : INTERVIEW PREPARATION

AN INVITATION FOR AN INTERVIEW SHOWS THAT, ON PAPER, YOU ARE THE RIGHT PERSON REQUIRED BY THE ORGANISATION FOR THE VACANT POSITION. IN FACT, IT IS ESTIMATED THAT 80% OF CANDIDATES ARE REJECTED AT THE APPLICATION STAGE SO YOU ARE REALLY MORE THAN THREE QUARTERS OF THE WAY TOWARDS GETTING THE JOB!

Q5. Explain the principles that you need to follow while using emails for business communication.
Answer :  I) Watch the content
e-mail messages are not always confidential and one can never be sure who will read them. The minute an e-mail message is sent, multiple copies are created on your own Personal Computer (PC) and server. At the same time, a copy is also created on therecipient‟s PC and server. There is no way of ensuring that the message will not be forwarded to others. Sometimes, e-mail messages can even be used as proof in court. Once a message is sent, a permanent record is created. Therefore, it is always wise to avoid writing anything negative or offensive in e-mails.
Q6. Select a company of your choice. Write a sales letter in the AIDA format to a prospective customer, persuading him/her to buy the company’s product.
Answer :
October
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MB0041 – Financial And Management Accounting

 

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Fall 2012

Master of Business Administration- MBA Semester 1

MB0041 – Financial And Management Accounting – 4 Credits

(Book ID: B1624)

Assignment Set – 1 (60 Marks)

Note: Each question carries 10 Marks. Answer all the questions.

 

Q1. Explain the process involved in accounting.

Answer : As implied earlier, today’s electronic accounting systems tend to obscure the traditional forms of the accounting cycle. Nevertheless, the same basic process that bookkeepers and accountants used to perform by hand are present in today’s accounting software.

ACCOUNTING CYCLE :

An accounting cycle is a

 

 

 

Q2. The salaries paid in 2004 is Rs. 5,00,000; Salaries outstanding is Rs. 20,000; Salaries paid in advance for 2004 is Rs. 30,000. What is the actual salary expenditure for 2004? Which accounting principle is involved in this and explain that principle.

Answer : 1. The principle …

 

 

3. Find the value of the following:

a. If the total assets are Rs. 87,000 and the liabilities are Rs. 47,000, find out the amount of capital.

 

Answer : Total a

 

b. If the capital of proprietor is Rs. 4,00,000 and the total assets are Rs. 6,00,000, what is the amount of liabilities to outsiders?

Answer : Capital

 

 

c. If creditors are Rs. 56,000, bank overdraft is Rs.1,00,000, and outstanding expenses are Rs. 8,000, what is the total amount of assets?

Answer : creditor

 

d. Fixed assets are Rs.70,000 and current assets are Rs.1,00,000 and the creditors are Rs.30,000. What is capital?

Answer : Fixed a

 

4. Enter the following transactions in the single column cash book of Gopichand.

 

1st. Commenced business with cash                                                                                20000

2nd.  Bought goods for cash                                                                                         5000

3rd.  Sold goods for cash                                                                                               4000

4th.  Goods purchased from Ravi Kumar                                                             10000

10th. Paid to Ravi Kumar                                                                                              7000

14th. Cash sales                                                                                                                8000

18th. Purchased furniture for office                                                                        4000

22nd. Paid wages                                                                                                                500

25th. Paid rent                                                                                                                    600

30th. Received commission                                                                                        4000

30th. Withdrew for personal purpose                                                                    1000

31st    Paid Salary                                                                                                                900

Cash balance                                                                                                      17000                                          

Hint: Goods Purchased from Ravi Kumar is a credit purchase.

Hint: Goods Purchased from Ravi Kumar is a credit purchase.

 

 

Q5. Find out the missing figures.

 

 

Office stationery

Consumables

 

Opening stock

5000

8000

Purchased during the year

25000

?

Closing stock

3000

6000

Consumed for the year

?

24000

 

 

 Hint : Office stationery consumed for the year =27000

Consumables purchased during the year = 22000

Answer : Solution:

Q6. Explain the tools of management accounting.

Answer : Tools of Management Accounting

Management Accounting uses the following tools or techniques to fulfill its responsibilities and duties towards management.

• Financial Statement

 

 

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Master of Business Administration- MBA Semester 1

Fall 2012

MB0041 – Financial and Management Accounting- 4 Credits

(Book ID: B1624)

Assignment Set – 2 (60 Marks)

Note: Each question carries 10 Marks. Answer all the questions.

 

Q1. Compute trend ratios and comment on the financial performance of Infosys Technologies Ltd. from the following extract of its income statements of five years.

                                                         

 

 

 

 

(in Rs. Crore)

Particulars

  2010-11

2009-10

2008-09

2007-08

2006-07

 

Revenue

 

27,501

 

22,742

 

21,693

 

16,692

 

13,893

Operating

Profit (PBIDT)

8,968

7,861

7,195

5,238

4,391

 

PAT from ordinary activities

 

6,835

 

6,218

 

5,988

 

4,659

 

3,856

 

 

(Source: Infosys Technologies Ltd. – Annual Report)

Hint: The Revenue and Operating Profit (PBIDT) have almost doubled in four years. The PAT from ordinary activities has increased by 77.26% in the same period.

Answer : Computing trend

 

Q2. What is fund flow analysis? What are the objectives of analysing flow of fund?

From the following balance sheets of Joy Ltd., prepare a cash flow statement under indirect method.

 

 

Liabilities

2005

2006

Equity share capital

3,00,000

4,00,000

8% redeemable pref. share capital

1,50,000

1,00,000

General reserve

40,000

70,000

Profit and loss

30,000

48,000

Proposed dividend

42,000

50,000

Sundry creditors

55,000

83,000

Bills payable

20,000

16,000

Provision for taxation

40,000

50,000

Total

6,77,000

8,17,000

Assets

   

Goodwill

1,15,000

90,000

Land and building

2,00,000

1,70,000

Plant

80,000

2,00,000

Sundry debtors

1,60,000

2,00,000

Stock

77,000

1,09,000

Bills receivable

20,000

30,000

 

 

Additional Information

a) Depreciation of Rs.10,000 and Rs.20,000 has been changed on plant and building during the current year.

b) An interim dividend of Rs.20,000 has been paid during the current year.

c) Rs.35,000 was paid during the current year for income tax.

Hint: Cash flow from operating activities Rs.1,25,000; Cash flow from investing activities (Rs.1,20,000); Cash flow from financing activities (Rs.12,000).

Answer : Solution :

Schedule of changes in working capital

 

 

Q3. Calculate the cost of raw materials purchased from the following data:

Opening stock of raw materials                                           Rs.10,000

Closing stock of raw materials                                              Rs.15,000

Expenses on purchases                                                          Rs.5,000

Direct wages                                                                            Rs.50, 000

Prime costs                                                                              Rs.1, 00,000

 

Hint: Cost of Raw Materials purchased is Rs.50,000

Answer :

Solution: -           Calculation

 

Q4. Distinguish between absorption costing and marginal costing

Answer : Absorption Costing vs Marginal Costing

The system of computing the cost of production is known as costing. The main purpose of any costing system is to identify the cost incurred for the production of a unit output. In a manufacturing company, identifying the cost associated with a unit product is very important to price the product such that the company could make a profit and survive to exist in the future. Both absorption costing and marginal costing are traditional system of

 

 

Q6. Explain the essential features of budgetary control.

Answer : An effective budgeting system should have essential features to get best results. In this direction, the following may be considered as essential features of an effective budgeting.

 

Business Policies defined: The top management of an organization strives to have an action plan for every activity and for each department. Every

 

 

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