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DRIVE
FALL
2018
PROGRAM
Masters
of Business Administration - MBA
SEMESTER
II
SUBJECT
CODE & NAME
MBA201
Production
& Operation Management
SET-1
Q.1 Explain factors affecting
Strategic decision-making.
Environmental scanning
Core competencies
Answer-
Strategic
decision making
Decision
making is the most crucial management function. Decisions commit the
organisation and its members to activities which have financial repercussions
and affect the functioning of other departments or divisions. Therefore,
decisions are taken after lots of deliberations which involve steps like data
gathering, analysis, and predicting outcomes. Accuracy of data and their
relevance for the matter under consideration are the factors which affect the
quality
Q.2 List Quantitative and
Qualitative Methods of Forecasting.
Quantitative Forecasting Methods
Qualitative Forecast Methods
Answer-
Qualitative
Methods of Forecasting
The
different qualitative methods of forecasting are as follows:
·
Market surveys
·
Nominal group testing
·
Historical analysis
·
Jury of
Q.3 Describe
manufacturing facility layouts
Process layout
Product layout
Group technology layout
Fixed position layout
Answer-
Process
layout
This
type of layout is concerned with the grouping of machines, process, or services
according to their function. This grouping of machines by function is
characteristic of job shops and batch
SET-2
Q.1 Explain Business Process
Modelling
Logical process modelling
Physical process modelling
Logical
process modelling
Logical process modelling is the representation of
putting together all the activities of business process in detail and making a
representation of them.
The
initial data collected has to be arranged in a logical manner so that, links
are made between nodes for
Q.2 Explain project management life
cycle and its phases.
project management life cycle
Analysis and evaluation phase
Marketing phase
Design phase
Execution phase
Control – inspecting, testing, and
delivery phase
Closure and post completion
analysis phase
Answer-
Project
Management Life Cycle
A
life cycle of a project consists of the following activities:
·
Understanding the scope of the project
·
Establishing objectives of the project
·
Formulating and planning various
activities
·
Executing
·
Q.3 Describe
major decision areas in supply chain management
Location
Production
Inventory
Transportation
Location decision: The geographic
placement of production facilities, stocking points, and sourcing points is the
natural first step in creating a supply chain. The location of facilities
involves a commitment of resources to a long term plan. Once the size, number,
and location of the production are determined, the possible paths of product
supply to the final customer can be determined
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DRIVE
FALL
2018
PROGRAM
Master
of Business Administration- BBA
SEMESTER
Semester
II
SUBJECT
CODE & NAME
MBA
202 – FINANCIAL MANAGEMENT
SET
I
Q.1 Explain the factors affecting
Financial Plans. 10
Answer-
Figure depicts the The factors affecting Financial Plans -
Q.2
a) Explain Zero Coupon Bond. 5
b) Explain the concept of Yield to
Maturity 5
Zero
coupon bonds
I
n India, zero coupon bonds are alternatively known as Deep Discount Bonds
(DDBs). These bonds became very popular in India for over a decade because of
issuance of such bonds at regular intervals by IDBI and ICICI. Zero coupon
bonds have no coupon rate, that is, there is no interest to be paid out.
Instead, these bonds are issued at a discount to their face value, and the face
value is the amount
Q.3 a) Explain the concept of Operating
Cycle. 5
b) Explain any five determinants of
Working Capital. 5
answer-
Operating
Cycle
The time gap between acquisition of resources and
collection of cash from customers is known as the operating cycle. It is also
referred to as the working capital cycle.
Operating
cycle of a firm involves the following elements:
·
Acquisition of resources from suppliers
·
Payment
SET II
Q.1 Briefly explain types and sources of Risk in
Capital budgeting
Types of Risks. 5
Sources of Risks. 5
Answer-
Capital
budgeting involves four types of risks in a project: stand-alone risk,
portfolio risk, market risk and corporate risk.
Stand-alone
risk
Stand
alone risk of a project is considered when the project is in isolation.
Stand-alone risk is measured by
Q.2 ABC Ltd current dividend is Rs 6. It expect
to have a supernormal growth period running to 4 Years during which the growth
rate would be 25%. The company expects normal growth rate of 8% after the
period of supernormal growth period. The Investor’s required rate of return is
15%. Calculate What the value of one share of this company is worth.
Calculate the value of one share
Answer-
Solution:
D0
= 6, n = 4y, ga (ABC
growth) = 25%, gn (normal growth) = 8%,
Ke
= 15%
Step I:
P0
= Σnt=1 Dn/(1+Ke)n
Q.3 Briefly explain the costs associated with
Maintaining Receivables.
There
are four different varieties of costs associated with maintaining receivables:
capital cost, administration cost, delinquency cost and bad debts or default
cost. Below depicts the costs associated with maintaining of receivables.
Capital
cost
When
firm sells goods on credit, the good achieves higher sales. Selling goods on
credit has
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·
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DRIVE
FALL
2018
PROGRAM
Master
of Business Administration - MBA
SEMESTER
II
SUBJECT
CODE & NAME
MBA203
Marketing
Management
Assignment
Set -1
Q.1
Enumerate the differences between Selling and Marketing Concepts.
Differences
between Selling and Marketing Concepts
10
ANSWER-
Differences Between Selling and
Marketing Concepts
|
Selling
|
Marketing
|
|
Emphasis is on the product
|
Emphasis
is on the needs and wants of
the consumer
|
Q.2
What do you mean by Environmental Scanning? Explain the various Micro
environmental factors of an Organization.
Environmental
Scanning
Various Micro environmental factors
of an Organization
ANSWER-
Environmental
scanning refers to the careful monitoring of an organisation's internal and
external environment for detecting early signs of opportunities and threats
that may influence its present and future marketing plans. It helps the
marketer in taking decisions regarding where to compete, how to compete, and on
what to compete.
The
Q.3
Write Short notes on:
i.
Types of Buying Motives
5
ii.
Engel-Kollat-Blackwell model
5
ANSWER-
The important types of buying
motives are as follows:
·
Inherent and learned buying motives
·
Emotional and rational buying motives
·
Psychological and
social buying motives
Inherent and
learned buying motives – Inherent buying motives arise from the
basic needs of the consumers such as sex, comfort, and safety.
These are more instinctive in
nature and influence the consumer the maximum.
On the
Assignment
Set -2
Q.1
Explain Product Line. What are the major product line strategies?
Product Line
Product Line Strategies
ANSWER-
A
product line is a group of products for essentially similar use,
and technical and marketing considerations. Colgate product line includes Colgate
Dental Cream, Colgate Gel, Colgate Total, Colgate Herbal, etc.
Major
product line strategies are:
·
Expansion
Q.2 Write short notes on:
i.
Cost-plus pricing
ii. Marginal cost pricing
ANSWER-
Cost-plus
or full-cost pricing
This
is the most common method used for pricing. Under this method, the price is set
to cover costs (materials, labour, and overhead) and predetermined percentage
or profit. Let us discuss the factors determining the normal profit. Generally,
margins charged are highly sensitive to the market situati
Q.3 What do you mean by Publicity? Explain the
various salient features of Publicity.
Publicity
Features
ANSWER-
Publicity
Publicity
is defined as the non-personal stimulation of demand for a product, service, or
business unit. It is obtained by planting commercially significant news about a
product, service, or business unit in a published medium or by providing
favourable presentation in the radio, television, or on stage that is not paid
for by the sponsor. Negative publicity can damage the company’s or product’s
image, resulting in reduced demand for the product.
The
salient features
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PROGRAM
MASTER OF BUSINESS ADMINISTRATION
(MBA)
SEMESTER
II
SUBJECT CODE & NAME
MBA204– MANAGEMENT INFORMATION
SYSTEMS
SET 1
Qus:1
What are the different challenges a manager face in managing Information
systems?
Answer: Managing IS in organisations is a
highly challenging and complex task. One reason for this complexity is that
neither organisations nor the IS they use remain static over time – both change
continuously, and it is the job of management to ensure that the systems remain
useful and relevant for their organisational goals at all times. Organisations
change to respond to the needs of
Qus:2
Explain the concepts of
a)
Transaction Processing System
b)
Management Information System
Answer: a) Transaction Processing System
A transaction is any activity of the
organisation that generates information. For example, the activities related to
buying a ticket from the Indian Railways generates many transactions, each of
which produces information that is recorded by the systems. Some transactions
involve exchange of goods or services while others may be purely informational.
A transaction processing system records all the transactions as they happen. In
this sense, such systems are
Qus:3
How Information system can be used to support Competitive strategy?
Substantiate with suitable examples.
Answer: The promise of information systems is that they enable the
competitive strategy of commercial fi rms. The competitive strategy of a
commercial firm is its longterm competitive position, such as of being a
low-cost player or a differentiator, which the fi rm adopts. A fi rm’s strategy
is the set of activities it engages in as part of its long-term competitive
goals. Strategies lead
Set 2
Qus:1
Explain the following concepts
a)
Electronic Data Interchange (EDI)
b)
Online Payment Technology
c)
Mobile Commerce
Answer: a) Electronic Data Interchange (EDI)
Before the growth of the common standards
for the Internet and the growthof Extranets, firms exchanged data
electronically through private networks.
This process was called electronic
data interchange (EDI). The EDI standards were initiated in the 1960s in the
USA and Europe to allow transportation firms to exchange data across national
boundaries
Qus:2
What is DSS? How it is different from MIS? How DSS helps in Decision making?
Answer: Decision support systems (DSS) are used extensively across
organisations to assist managers with making decisions. DSS are different from
management information systems as they are used on an as-needed basis and
created for solving special types of decision problems. Decision making by
managers involves the phases of intelligence, design, and choice, and DSS help
mainly with the choice part. DSS support structured and unstructured types of
Qus:3
Explain why privacy is important for individuals in the organizations? How
workplace electronic monitoring is done in the organizations?
Answer: Information systems are used widely across organisations,
and they enable data and information to be widely distributed for use. When the
data pertains to individuals (relating to their work, personal habits, or
personal life), and it resides on organisational information systems, the
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ASSIGNMENT
DRIVE Fall 2018
PROGRAM MBA
SEMESTER II
SUBJECT
CODE & NAME MBA205
OPERATIONS
RESEARCH
Note:
Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Set
1
Q1. Explain Various Assumptions of
linear programming.
Linearity
Continuity
Independence and additivity
Proportionality
Answer:
Assumptions
of linear programming
Assumptions
are the conditions that need to be present for conducting an experiment or
applying a formula. For using the linear programming tool to solve a problem,
it is necessary for the problem to fulfill all the conditions (or assumptions)
of linear programming. Let us look
Q 2.Write short note on
a. Concept of Duality in Linear
Programming problem. 2.5
b. North-West Corner Method in
Transportation problem 2.5
c. Benefits of holding
inventory 2.5
d. Economic Order Quantity (EOQ)
model 2.5
Answer-
Duality in Linear Programming
Duality
in Linear Programming Problems!
For
every Linear programming Problem, there is a corresponding unique problem
involving the same data and it also describes the original problem. The original
problem is called primal programme and the corresponding unique problem is
called Dual programme. The two programmes are very closely related and optimal
solution of dual gives complete information about
3. a. What is degeneracy in
transportation problem?
b. Solve the following
transportation problem using Vogel’s approximation method.
|
Factories
|
Distribution Centres
|
Supply
|
|||
|
C1
|
C2
|
C3
|
C4
|
||
|
F1
|
3
|
2
|
7
|
6
|
50
|
|
F2
|
7
|
5
|
2
|
3
|
60
|
|
F3
|
2
|
5
|
4
|
5
|
25
|
|
Requirements
|
60
|
40
|
20
|
15
|
|
[Degeneracy
in transportation problem and resolving it-5
Computation/Solution
to the problem-5]
Answer:
a) Degeneracy in transportation problem
A
basic solution to an m-origin, n destination transportation problem can have at
the most m+n-1 positive basic variables (non-zero), otherwise the basic
solution degenerates. It follows that whenever the number of basic cells is
less than m + n – 1, the transportation problem is a
Set
2
Question1. The processing time of
four jobs and five machines (in hours, when passing is not allowed) is given in
following table
a. Find an optimal sequence for the
above sequencing problem.
b. Calculate minimum elapsed time
& idle time for machines A, B, C, D & E.
Answer1.
Q2. a. Elaborate the meaning of Simulation.
b. What are different Practical
applications of simulation
A
Meaning of Simulation.
Practical
applications of simulation
Answer:
a) Simulation is a representation of real-life
situations. It is a method in which a replica of a real-world process or system
is developed over a period of time. The simulated model acts in the same manner
as the selected physical or abstract process or system behaves in reality. For
example
3 a. Explain the importance and
utility of the replacement model in business organizations.
b. The maintenance cost and re-sale
value per year of a machine whose purchase price is Rs. 7000 is given below-
|
Year
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
|
Maintenance cost (Rs.)
|
900
|
1200
|
1600
|
2100
|
2800
|
3700
|
4700
|
5900
|
|
Resale value (Rs.)
|
4000
|
2000
|
1200
|
600
|
500
|
400
|
400
|
400
|
Importance
and utility of the replacement model Replacement Year
Answer:
a) In an organisation, replacement problems arise
when fixed assets, such as machines, equipment, and other tools, need to be
replaced due to reduced efficiency, failure or breakdown. Sometimes,
replacement takes place when more efficient equipment is available in the
market or the maintenance of the existing equipment is incurring a huge cost on
an organisation. However, an organisation needs to decide when the replacement
of new equipment would
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DRIVE
FALL
2018
PROGRAM
Masters
of Business Administration - MBA
SEMESTER
II
SUBJECT
CODE & NAME
MBA206
Project
Management
SET-I
Q.1 Define Purchase Cycle and its
various phases.
Purchase Cycle 3
7 Phases of Purchase Cycle 7X1
ANSWER-
Purchase
Cycle
Purchase
cycle is a standard process that corporations and individuals progress through
(in order) when purchasing a product or service. It is also known as the
'buying cycle' or 'purchase process'. This cycle discusses about the decision
points that the buyer or the purchasing team goes through. Usually, purchase
cycle of a project consists of the following elements. Figure depicts a
Q.2 Explain Project manager and
Project Team responsibilities
Project Manager
Responsibilities 5
Project Team Responsibilities 5
ANSWER-
Project
manager’s responsibilities
A
project manager’s responsibilities do not stop once the planning of the project
is done. Because a project manager is responsible to internal and external
stakeholders, the project team, vendors, executive management, etc, the
visibility of the position is intensified. Many of these people will now expect
to see and discuss the resulting deliverables that were so meticulously
detailed in the planning phase. As a project manager, keeping oneself from
getting “down in the weeds,”
Q.3 State the five advantages of
using project management software.
Advantages of using project
management software.
ANSWER-
Advantages
of Using Project Management Software
The
following are the key advantages of using project management software:
1. Speed,
effort, and accuracy: For a large project, manually carrying
out activities like drawing a network, carrying out time analysis, reporting
project progress, generation of various types of reports, updating network, and
maintaining records is quite time and effort consuming. Accuracy level is also
below par. Use of the software package greatly reduces
2.
3.
SET-II
Q.1 Explain the Shewhart Cycle
Planning
Doing
Checking
Act
ANSWER-
The
Shewhart Cycle
PDCA
(plan–do–check–act) is an iterative four-step management method used by the
companies to control and continually improve their processes and products. PDCA
is also referred to as the Deming circle/cycle/wheel, Shewhart cycle, control
circle/cycle, or plan–do– study–act (PDSA).
Figure
depicts
Q.2 Explain no-discounted cash flow
techniques
Pay Back Period (PBP) method 5
Accounting Rate of Return (ARR)
method 5
ANSWER-
Pay
Back Period method (PBP)
This
is one of the simplest method of evaluating investment proposals and also
widely used. PBP is defined as the length of time required to recover the
original investment on the project, through cash flows earned. The cash inflow
includes operating profit, less income tax payable, plus
Q.3 Define five methods of conflict
resolution
Forcing
Smoothing
Compromise
Problem solving
Withdrawal
ANSWER-
Forcing
One
way of resolving a conflict is when one party pressurises the other party to
agree. It is used when one person has authority over another and uses it.
One
example is the manager telling the foreman,
“All
right, enough of this discussion, and now you listen to my decision.”
By
this
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