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INTERNAL ASSIGNMENT
APPLICABLE FOR DECEMBER 2022 EXAMINATION
Business
Economics
1. Demand forecasting in an
organisations plays a vital role in business organisations. It provides
reasonable data for the organization's capital investment and expansion
decision. Keeping the above statement in consideration. Discuss the various
steps involved in demand forecasting (10 Marks)
2. From the given hypnotical
table Calculate Total Cost, Average Fixed Cost, Average Variable cost and
Marginal Cost. (10 Marks)
Quantity Total
Fixed
Cost
Total
Variable
Cost
Total
Cost
Average
Fixed
Cost
Average
Variable
Cost
Average
Total
Cost
Marginal
Cost
0 100 0
1 100 20
2 100 30
3 100 40
4 100 50
5
100 60
3. a. Suppose the monthly
income of an individual increases from Rs 20,000 to Rs 25,000 which increases
his demand for clothes from 40 units to 60 units. Calculate the income elasticity
of demand. (5 Marks)
3. b. Assume that a business
firm sells a product at the price of Rs 500. The firm has decided to reduce the
price of the product to Rs 400. Consequently, the demand for the product is
raised from 20,000 units to 25,000 units. Calculate the price elasticity of
demand. (5 Marks)
Financial
Accounting & Analysis
1. Prepare the journal by
recording the following transactions (10 Marks)
3-Dec Mrs. Veena started
business by introducing cash Rs5000 and Rs 500000 as transfer from her saving
bank account in the business
5-Dec She Purchased furniture
worth Rs 60000, 50% payment made through the bank account of the business and
the rest amount is payable
7-Dec She purchased goods for
sale, costing her Rs 315000 and made the payment through the business bank
account
8-Dec She sold off the entire
goods at Rs 500000
10-Dec She paid rent,
electricity, salary to employees Rs10000 of each type of expense through the
bank account
2. Preparing the profit and
loss account is a lengthy but at the same time interesting task. You need a lot
of information to prepare the profit and loss statement. Discuss any five essential
components out of the total eight components which contributes in preparing the
profit and loss statement. (10 Marks)
3. Following are the
particulars available for Z and X, LLP
Particulars (Rs in ‘000)
retained earnings 860
accounts receivable 250
supplies 150
salaries payable 150
equipment 1500
unearned revenue 200
accounts payable 540
cash 550
prepaid insurance 300
common stock 1000
a. Prepare T Form Balance
Sheet out of the details as shared in the table (5 Marks)
b. Define and calculate the
current ratio, Discuss the significance of this ratio. (5 Marks)
Information
Systems for Managers
1. Farokh Motorwala is the CTO
at D'Costa Spirits in Hyderabad, which has just celebrated its 30th
Anniversary. The CEO has just announced an ambitious growth program for the firm.
Farokh is therefore keen to is keen to revamp the firm's IT Infrastructure and
align it to the Corporate Strategy. In this context. What are the questions re:
IT Infra for Farokh – The Business Needs & The Tech Issues? (10 Marks)
2. Bharat Petroleum
Corporation Limited (BPCL) is an Indian government-owned oil and gas explorer
and producer. BPCL's CEO is K. Padmakar. In this role, what is the Focus of the
CEO’s role (i.e. Objectives, Kinds of Decisions, information needed, Timeframes
etc.)? What are the Primary IS & Supporting IS Used (Description Data
Types, Kind of Data, Type of Processing, which provides data to these IS)? (10
Marks)
3. Jennifer Roberts has just
been hired as the CIO at Hawthorne Investments. During her interview, Vijay
Ananth, the CEO, had tasked Jennifer with the responsibility of revamping the
firm’s IT Infrastructure. Now that Jennifer has come onboard, she is keen to
get started on the Infra Revamp initiative and has targeted BYOD as her first
initiative.
a. What is BYOD? Explain the
three (3) levels of BYOD? (5 Marks)
b. What are the Pros &
Cons (2 each) of BYOD? (5 Marks)
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Management
Theory and Practice
1. You are hired as a trainer
by Sachin Ethanol, a newly setup organization dealing in manufacturing Ethanol
from Sugarcane residue. The CEO wants you to train the newly recruited
management trainees about the Principles of Management. Explain the principles
of Management to these newly recruited employees by taking the help of Henri Fayol’s
14 Principles of Management? (10 Marks)
2. The newly set up management
team is divided in their deliberation on a certain topic and require your help.
The core area of this discussion is whether Management is an Art or a Science.
As the chairman of the forum, can you throw some light on whether Management is
an art or a science or both and Why? (10 Marks)
3. Lemon Tree, a famous hotel
chain in India is losing its market share to its peers. The major reasons
contributing to the same is that there is a lot of conflict in the organization
due to which correct and timely decisions are not being taken. The company has
hired you as a consultant to understand and solve this issue
a. Explain the different types
of Conflicts that can arise in an organization? (5 Marks)
b. Explain what strategies can
be used by Lemon Tree to resolve these conflicts? (5 Marks)
Marketing
Management
1. A company provides
consultancy to all its clients on the Pricing of their products. M/s Herbal
Life sells various types of FMCG products in the urban market. They sell
toothpaste, multi-vitamin ayurvedic tablets, chia seeds, tulsi tea, herbal
soap, shampoo, etc. The company has asked you to present various types of
Product Mix pricing and price adjustment strategies so that it can help them in
taking pricing decisions for their range of products. (10 Marks)
2. Elaborate on various types
of promotion mix that you will use for the Herbal Life products (as explained
in the first question). The main idea behind the promotion is that it should become
a household product like Patanjali or Dabur. (10 Marks)
3. a. Mr. Raj is planning to
purchase a new phone with the latest features. Explain various steps involved
for Raj in the decision process. (5 Marks)
3. b. Global Stock is an
online app for the purchase of international stocks from the international market.
Explain and elaborate any five ways through which you will promote the app
online. (5 Marks)
Organisational
Behaviour
1. Amar works for an IT
company as a project coordinator. His boss, Ajay is very adamant and wants the
work to be done according to his way without even considering anyone’s perspective.
If Amar commits any minor mistake also he is reprimanded in front of the entire
team. Ajay wants Amar to stay late beyond office hours, even when his work is complete.
Consider the given situation and explain the pitfalls in leadership shown by Ajay.
(10 Marks)
2. Sameer works as a team
leader in a multinational company. Whenever his team member performs well, goes
out of his way to serve the client he awards them. The award can be a gift
voucher or an appreciation mail. Sameer also encourages good behaviour by removing
or handling well the situation which may lead to undesirable behaviour. Because
of this practice it was the best performing team in the office. Analyse the situation
and explain the elements of reinforcement used by Sameer. (10 Marks)
3. Case:
Renita Parker was a trainer
for a Tasty Tummy multinational company, in FMCG business. She worked
brilliantly with the executives on their writing and helped them to feel more
confident about it. Renita worked with top executives as well as the shop floor
level. She realized that teaching the shop floor employees was her call and she
wanted to work more with them. Renita was paid quite high as majorly she was
dealing with the top executives. Renita met Mark, her supervisor and explained
to him that she wanted to be associated in teaching and training the shop floor
employees because many of them could not write anything other their names. She
also agreed to work on reduced salary and started offering English classes as
an added benefit to them. Although the classes took some man hours of the
employees but their productivity increased and even some of them began to apply
for supervisory positions
a. What content theories would
explain why Renita was unhappy despite her high income? (5 Marks)
b. Renita seems to have
drifted into being a teacher. Given her needs and motivations, do you think
teaching is an appropriate profession for her? (5 Marks)
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