1 1.1 PRINCIPLES OF MANAGEMENT 1. “Unified Global theory of management” – Discuss the tendencies favouring. 2. “The key to preventive control lies in developing excellent managers.” In the light of this observation suggest guidelines for developing excellent managers. 3. Give an overview of popular electronic media used in communication. 4. Examine the role of money, as a significant motivator, in the present inflationary conditions. 2 1.2 FINANCIAL MANAGEMENT 1. In the management of cash and marketable securities why should the primary concern be for safety and liquidity rather than maximizing of profit? Justify your views. 2. How do you envisage your role as a finance manager in matters related to long – term investment? What are the alternatives and factors that you may consider before finalizing your views on above policy? 3. How do stock market prices affect the allocation of capital resources in the economy? 4. Critically examine the reforms in capital market with special reference to primary markets in India. 3 1.3 HUMAN RESOURCE MANAGEMENT 1. You have been asked to organize recruitment and selection of office staff for a new branch office. Indicate the possible sources of man power supply. How can the relative events of alternative sources of manpower supply be measured objectively? 2. Critically review the training and development programmes offered in India and what are the suggestions you recommend to improve them? 3. Explain why oversea employment fails. Give your observations by taking into cultural and factors, which you feel is most influencing. 4. State some of the traditional methods of performance appraisal techniques and what are the common problems in it. How will you resolve those problems? 4 1.4 MARKETING MANAGEMENT 1. Many products, such as cigarettes, and Liquor are desired by certain segments of the population. In the light of the social and physical harm that these products can cause, what is the responsibility of those who market them? 2. The Indian market represents an excellent example for adopting the market segmentation strategy by a marketer. Do you agree? - Discuss. 3. New product introduction is often the best strategy to arrest the decline in sales and profits. Do you agree? What other strategy opinion or option in available to secure this objective? – Discuss. 4. You have been asked to frame the pricing strategy for a new product specially at the time of induction in the market. What factors would you consider and why? 5 1.5 FINANCIAL AND MANAGEMENT ACCOUNTING 1. From the following data calculate (i) P/V Ratio (ii) Profit when sales are Rs.20,000 and (iii) the new Break-Even Point, if the selling price is reduced by 20% Fixed expenses Rs. 4,000 Break-Even-Pont Rs. 10,000 2. The following suggestions are under consideration: (a) 10% reduction in price to yield an increase in sales volume from 6600 to 7400 units. Current unit price Rs. 1,000 Unit variable cost Rs. 500 Fixed cost Rs. 30,00,000 Prepare a statement comparing gross revenue, profit, contribution and P/V ratio of the two alternatives with present results. Which suggestion would you recommend? 3. You have been asked to use the cash and fund flow technic to analyse the financial statements in textile Industries? Prepare and present the same. 4. “Budgeting is the one of the main tool to control the cost” – Give your view. 6 1.6 BUSINESS MATHEMATICS AND STATISTICS 1. A man either drives his car takes a train for his workplace each day. He never takes the train two days in a row, but if he drives to work then the next day he is just likely to drive again as he is to take the train then i. Find the transition matrix ii. Find the probability that changes his going by train to driving in three days. 2. A study was conducted to examine variables thought to be related to the job satisfaction of non professional hospital employees. A random sample of 15 employees gave the following results. Score on job Coded intelligence Index of personal satisfaction score adjustment (Y) (X1) (X2) 54 15 8 37 13 1 30 15 1 48 15 7 37 10 4 37 14 2 31 8 3 49 12 7 43 1 9 12 3 1 30 15 1 37 14 2 61 14 10 31 9 1 31 4 5 Obtain i) Find the multiple regression equation describing the relationship among these variables. ii) Compute the coefficient of multiple determinations and do an analysis of variance. P.T.O 7 iii) Let X1 = 10, X2 = 5 and find the predicted value of Y. 3. The manager of a flower shop promises its customers delivery within four hours on all flower orders. All flowers are purchased on the previous day and delivered to Babu by 8.00 am the next morning. The daily demand for roses are as follows Dozens of roses: 70 80 90 100 Probability : 0.1 0.2 0.4 0.3 The manager purchases roses for Rs.10/- per dozen and sells them for Rs.30. All unsold roses are donated to a local hospital. How many dozens of roses should Babu order each evening to maximize its profits? What is the optimum expected profit? 4. A company has two plants each of which produces and supplies two products: A and B. The plant can each work up to 16 hours day. In plant 1, it takes three hours to prepare and pack 1000 gallons of A and one hour to prepare a pack one quintal of B. in plant2 it takes two hours to prepare and pack 1000 gallons of A and 1.5 hours to prepare and pack a quintal of B. In plant 1 it costs Rs.15,000 to prepare and pack 1000 gallons of A and Rs.28,000 to prepare and pack a quintal of B. whereas there costs and Rs.18,000 and Rs.26,000 respectively in plant2. The company is obliged to produce daily at least 10 thousand gallons of A and 8 quintals of B. Formulate this problem as a linear model to find out as to how the company should organize its production so that the required amounts of the two products to be obtained in minimum cost. 8 1.7 PRODUCTION AND MATERIALS MANAGEMENT 1. Distinguish between standardization and specialization. Discuss the methods of standardization followed in hotel industry. 2. Mention the areas of application of ergonomics. Describe the essential principle of ergonomic and explain their usefulness to method study. 3. You are appointed as a quality control manager of a garment manufacturing company. How do you perform your functions in that company? Discuss the procedures in detail. 4. Discuss the recent trends in value analysis with appropriate examples. 9 1.8 MANAGERIAL COMMUNICATION 1. You have been considered as a chief of a retail business in a territory dealing with cosmetics, Jewellery and fashion apparels. Devise an appropriate marketing communication system to improve sales performance. 2. Why do writing and speaking become even more important in the organization? Demonstrate your ideas and perspectives in the corporate context. 3. A committee was appointed to look into the demand of workers of the factory including a higher percentage of bonuses and the threatened strike by the workers. As the convener of the committee, draft your report to the general manager pointing out the important issues and suggesting action to be taken. 4. How do the personal opinions and prejudices of various individuals act as barriers to effective communication? Illustrate your answer with suitable examples.