NEW SCHEME 'USN

MBA202(NS)

Second Semester M.B.A Deg~ee Examination, June/July

Master of Business Administration (New Scheme)

2003

Economic Environment
Time: 3 hrs.] [Max.Marks : 100 1. Answer any FIVE full questions. 2. Marks are indicated against each question.
(3 Marks)

Note:

1. (a) Mention any three features of the new economic policy.

(b) Explain how economic and non-economic environment are interrelated to each other. (7 Marks)
(C)

Discuss how politico-legal environment. Influences the Indian business.

(10 Marks) (3 Marks)
(7 Marks)

2. (al Define 'Industrial Policy'. Mention any three components of it.

(b) (c)

State how fiscal policy achieves its objectives. Discuss the major determinants of India's economic development.

(10 Marks) (3 Marks)

3. (a) Define 'Divestment' programme.

(b) Explain.how the national income is estimated, and explain its methods.
(7 Marks)

(c) Critically examine the features of new EXIM Policy 2003-04.

I

(10 M'lrks) (3 Marks)

4. (a) What are the causes of inflation?

, .

(b) Distinguish between the quantitative and qualitative credit control mcasu res.
(7 Marks)

(c] Discuss the importance orlsmall scale industries in economic development

(10 M.l.rks)

5. (a) What is joint sector?

(b)

Mention any three objectives.

(3 Marks)

Evaluate the functioning of SIDB!.

(7 Mar ks)

(c) Critically examine the role played by finance commission in sharing the revenue resources between states and the centre. (10 Mr.rks]

6. (a) Distinguish between fiscal deficit and revenue deftcit.

(b) Write a note on the functions of the RBI. (c) Explain the impact of 2003-04 budget proposals on Indian business.

(3 Mr.rks) (7 Marks)

(10 Marks)

7. (a) State the objectives of monetary policy. (b) Explain the functions of public investment board.
(e)

(3 Marks) (7 Marks)

Write the significance of public accounts committee and estimates commit ICe' in India. (10 Marks)
(3 Marks) (7 Marks)

8. (a) What are the objectives of Five Year Plans in India?

(b) Explain the benefits <of VAT system.

(c) Critically examine the role of M N CS in India's economic development '?

** * **

(10 Marks)

MBA202

USN
Second Semester M;.B.A Degree Examination, June/July
Master of Business Administration (Old Scheme)

2003

Economic Environment
Time: 3 hrs.]

[Max.Marks: 100

Note:

1. Answer any FIVE lull question, 2. Marks are indicated against each question.
(3 Marks) (7 Marks) (10 Marks)

1. (a) Define 'macro economic environment'. (b) Explain how political environment influences the business.
(C)

Discuss briefly the major determinants of economic development.

2. (a) What is meant by national income and mention its various other concepts?
(3 Marks)

(b) Explain the objectives of monetary policy of RBI. (c) Explain the role of fiscal policy in developing economies.
I

('1 Marks) (10 Marks) (0 Marks) (7 Marks)

(I') Marks)

3. (a) What do you understand by EXlM policy? (b) Explain briefly the causes of inflation.
(c)

Discuss the features of Indian economy.

4.- (a) What is meant by privatisation?

(b) (c)

(:I Marks)

Explain the pattern of industrial development during the plan periocl.(7Marks) Critically examine the working of public sector in India.
(10 Marks) (3 Marks) (7 Marks) (10 Marks) (3 Marks) i7 Marks) (10 Marks)

5. (a) What are the sources of industrial finance?

(b) State and explain the functions of commercial banks in India. (c) Discuss various credit control measures adoptee! by RBI.

6. (a) Define 'Deficit financing'.

(b) Explain briefly the causes for increase in fiscal deficit in India.
(C)

Discuss the structure and importance of Indian financial system.

7. (a) Distinguish between the planning commission and finance commission.

(3 Marks)

(b) Explain briefly the recommendations of the Eleventh Finance Comrniasicn.

(7 Marks)

(c)

Write a note on Industrial Policy, 1991. Define 'import substitution'. Explain' the functions of 16BI.
in the' process

(10 Marks) (3 Marks) (7 Marks)

8.

(a) (b)

(c) Discuss the significance of Infrastructure

development ot India. . .

of cconormc
(10 Marks)

** * **

Page No ... 2

MBA202(NS)

extra for recognized brand. Consumer wants Information about the painting process and is not willing to rely on information provided to the painter. Paint industry is facing"the threat of dumping. Architectural paint is being dumped into India from U.S. The import price is as low as Rs. 18 per litre. Petroleum order 2000 plans to bring solvents (such as xylene. toulence, CIX and white spirit)used in manufacturing which leads to production becoming costly. NRIs interest on real estate in India is also aggressively acting, to construct houses. shopping complex. Domestic producers are targeting private construction companies to increase the volume of their products (Viz. paint. construction materials) so as to face competition created out of dumping from foreign companies. Attempt to export Indian construction materials and paint to other developing nations (third world countries) has become slow. Since the establishment of HDFC in India opl1ons for house properly increased but recently. due to high margin quoted by contractors customers feel difficulty in cutting the costs. Obviously they prefer to opt for imported materials having low costs. especially in metropolitan areas. Producers of paint in India have opted to concentrate on rural markets taluk head quarters by opening more retail and wholesale shops to increase their volume. Some producers have also attempted to strategies like the cost management to face the new situation. Parallely they are offering incentives to wholesalers and stockists to invest and aggressively increase their volume of sales, (especially in economy paint sector). Meanwhile one can observe activist groups against urbanisation and conversion of rural areas to concrete jungle. Conversion of agricultural area to non agricultural area has become problem in many of the India states for construction of buildings. (a) Specify the environmental factors coming in the case. (5 Marks)
r

(b) Explain briefly where the Indian Paint Industry is fighting - i.e i) Cost management it) attaining sales volume iii) both.
(C)

(5 Marks) (5 Marks)

Which areas are potential for growth for paint industry? explain.

(d) Can we say that Indian paint sector is facing hostile competition? Explain who is giving competition. is it domestic producers/ foreign producers / both. (5 Marks)

** * **

Page

u:

NEW SCHEME
1

MBA205(NS)

USN Second Semester M.B.A:Degree Examination,

Master ofBusmess Administration (New Scheme)

June/July

2003

Human Resource Management

I

Time:-3 hrs.]

[Max. Marks : 100

Note: 1. Answer 'any FOUR full questions out of the first seven questions. 2. Question No.' 8 IS compulsory. 3. All questions carry equal marks. 1. (a) Distinguish between performance appraisal and potential appraisal.
(b) List and elaborate' on sources of recruitment in India. (c) Critically compare the yaditional and modem methods of appraisal. , '2. (a) Explain ESOP. (b) Elaborate on the stages/steps
i

(3 Marks) (7 Marks) (10 Marks)

(3 Marks)

of Human Resource Planning.

(

(7 Marks)

" '(c)

There are a variety of' selection interviews for various purposes. critically evaluating their usefulness. What are the essential qualities of an H.R. Manager.

Discuss
(10 Marks)

3.

. '1

(a)

(3 Marks) (7 Marks) (10 Marks)

(b) List and discuss metho?s of Job Evaluation.

(C)

Worker participation in management is essential. Comment.

4. (a) Differentiate between "Training" and "Learning" (b) Discuss the role of HRM department in the changing environment.
(C)

(3 Marks) (7 Marks)

What are the causes of absenteeism and measures to minimise them.

(10 Marks) (3 Marks) (7 Marks) (10 Marks)

5. (a) What is human resource accounting?

(b) A sound salary system is essential for various reasons - comment. (c) Discuss the objectives and techniques of quality circles, , 6. (a) Differentiate 'recruitment' from 'selection'
~

(3 Marks)

(b) Evaluation of training is necessary for training effectiveness. Comment.

(7 Marks)

(c) Discuss reasons for 'resistance to changes in organtsations' and approaches to manage change. (10 Marks)
Contd.". 2

Page

No ... 2

MBA205(NS)
(3 Marks)

. 7. (a) What is external mobility? I .. I .

I

(b) For managers, self appraisal is essential to meet the objectives of performance appraisal. Comment. :. (7 Marks)
(C),

What is career planning? tWhat is the need and what steps are involved in establishing a career development system? (10 Marks)
j

8.

Case Study (Compulsory) :

Read the case and questions. While answering the questions give the theoretical back-up. ! Nandini Shah had joined Excel software 2 years ago a bright electronics engineer she was one of a group of 14 recruited. After a 2 year assignment in USA, she and the entire project group were transferred back to India and were on the bench for over 2 months. On a Friday evening she received a pink slip terminating her services and an additional 3 months salary above all that was due to her. She had seen this happen to some ofher colleagues, had heard about such happenings elsewhere and also knew that a ne'f contract with Singapore had fallen through. Yet she was shocked and bitter. Questions : What, if anything, can the company do to,
I)
. I

maintain its image as a professional employer. assist such employees in career planning,

(5 Marks)

Ii)

(5 Marks) (5 Marks) (5 Marks)

Iii) formulate exit policies and procedures, (iv) minimize feelings of shock, surprises, bitterness etc?

** * **

.,

USN

LLLl f WID

MBA205(OS)

Second Semester M.B.A Degree Examination, June/July

Master of Business Administration (Old Scheme)

2003

Personnel Management
Time: 3 hrs.l [Max.Marks: 2. All questions carry equal marks. 100

Note: 1. Answer any FIVE full questions.

1. (a) List out various function~ of HRM.
(b) What are personnel policies? Explain . (c) List and explain various ?bjectives of personnel management.
(3 Marks) (7 Marks) (10 Marks) (3 Marks) (7 Marks) (10 Marks) (3 Marks)

2. (a) Defme manpower planning.

(b) What is job analysis? . (c) Discuss various steps .
.

. involved in manpower .

Why and how is it done? planning.

3. (a) Mention the process of performance appraisal.

(b) Distinguish between performance appraisal and potential appraisal. (7 Marks) (c) Discuss in detail the traditional and modern methods of performance appraisal.
(10 Marks)

. 4.

j)istinguish bet~een recruitment and selection. "(b) Briefly discuss different types of employment interviews.
(a) (c)

(3 Marks) (7 Marks) (10 Marks) (3 Marks) (7 Marks) (10 Marks) (3 Marks)

Explain typical techniques of an induction program. List out the needs & objectives of training. Explain different methods of employee training. Explain promotion. Briefly explain organisation. of employees. factors affecting the morale and productivity

5.

(a)

(b) How can you identify the' training needs of an organisation?

(c)

6.

(a) (b)

in an
(7 Marks)

(C) Discuss the importance of career planning and development in the retention
(10 Marks) (3 Marks)

7.

(a)

What is labour turn over? What are its adverse effects? controlled ?, Discuss.'
,

(b) Define absenteeism.

How can it be
(7 Marks)

(C) "Promotion should be based on, merit or seniority or combination of both" <,

(10 Marks)
I

8. (a) Differentiate between wage and salary.

,

(3 Marks)

(b) Distinguish between 1) minimum wage 2) fairwage. ~ 3) living wage' (c) Describe the important wage theories.

(7 Marks) (10 Marks)

**. * **

Page No ... 1

NEW'SCHEME
USN
" " I

MBA206(NS)

;<"
2003
(New Scheme)

Second Semester M.B.ADegree Examination, June/July

Master of Business Administration

Research Methodology & Marketing Research

Time: 3 hrs.} [Max.Marks : 100

Note:

1. Answer any FIVE full qustions. 2. Question No. 8 is compulsory.

I
(3 Marks)

i. (a) What is the meaning of research and state the criteria for good research,
(b) Disting1.lis,hbetween spientific method and non-scientific methods. difficulties do you face in applying scieritiflc methods in marketing. What
(7 Marks)

(c) What are the factors leading to the need for market research. Also what arc the steps involved in market research design project. (10 Marks)

2.

(a) (b)

Mention the various errors affecting research designs.

, ' I

(3 Marks)

What does experimentation involve ? Also define ex-post facto studies and latin square design. (7 Marks) The president of a weare house man's association hopes to find methods by which members of association can reduce costs. What kinds of exploratory research might be used for this purpose. (10 Marks)
f
(3 Marks)

(C)

3. (a) What are the different sources of secondary data. state two advantages. (b) Discuss the questionnaire construction procedure and also state the importance of.questionnaire.
(7 Marks)

(c) Assume you wish to determine whether men are brand - conscious when they are shopping for suits.' How could this question be studied using, i) Ii) Observation method Using questionnaire method
(10 Marks) (3 Marks)

4. (a) What ~smeant by the Delphi method. (b) Write short notes on : i)
ii]

Focus group Depth interview questionnare.

(7 Marks)

Iii) Structured and unstructured

(C) The Nuh hypothesis is that 20 percent of passengers go in first class, but

, management recognis,es that the possibility that this percentage could be " more or.Iess. A random sample of 400 passengers includes 70 passengers holding I class tickets. Can the null hypothesis be rejected at 10 per cent level of significance. [Normal curve area table R: IZI > 1.645 where Z = -1.25] (10 Marks)
Contd .... 2

Page No ... 2 useful.

MBA206(NS)
(3 Marks)

5. (a) Describe the term multidimensional scaling. In what types of studies is it

(b) Discuss the different types of probability and non - probability sampling techniques. I (7 Marks)
(C) You own a marketing research company

that hAS been asked by :1 toot.h paste manufacturer to determine if consumers are dissatisfied with plastic tooth paste tube commonly used for most brands of toothpaste, and if so, to determine the causes of dissatisfaction, what types of interviewing and what types of questions would you consider when gathering the desired information.
(10 Marks)

6. (a) Define likert scales and semanthi differential scales with an example each.
(3 Marks)

. (b) Explain the report format and also rules to be kept in mind while writing the report. I (7 Marks)
(C)

Wr+teshort notes on 1. Conjoint Analysis 2. Factor analysis 3. ANOVA 4. Regression 5. Correlation Analysts (10 Marks) WlIYis training of interviewers important for field work. What are commercial surveys, audits and panels.
(3 Marks) (7 Marks)

7.

(a) (b) (c)

Vdine MIS and MDSS ? Compare and contrast between marketing information system and MDSS. (10 Marks) Case: Northwest Marketers

8.

Tom, a recent MBAgraduate, was contemplating starting an export business. He had noted that there were a large number of small and medium - sized speciality food producers, in Pacific North West. These small firms took advantage of the region's high quality, fruit. nuts, vegetables, spices, and fish to produce high quality and for unusual foods. Most firms sold locally and direct mail as well. None of the firms thought of expansion if demand developed. Tom had few hundred dollars in the bank and a job that covered his living expenses. He was convinced that. there would be a stgniflcant market for these special food products in Japan and perhaps in Taiwan and Europe as well. He hoped to buy the products from the local producers under his own labe. He would then export them as premium - priced gift items. Tom formed a firm, Northwest Marketers, and began to consider ways to make his dream a reality. Telephone contacts with a number of local producers convinced him that he could obtain a significant supply of the various items. His next step before seeking the funding needed to launch the venture was to determine if there would actually be a demand for his products and what types of distribution might be possible unfortunately he had no source of funds at this time other than his rather meagre savings.

Question~ :i)

What is Tom's management problem? His research problem? ii) Sp .ctfyprecisely the information Tom requires. Hi) How'should Tom collect the needed dat.a ? Be detailed and precise. Iv) What errors would you be concerned with, in the data you have suggested he collect? (20 Marks)

** * **

Page No ... 1

MBA206

USN
. Second Semester M.B.A pegree Examination,
Master of Business Administration (Old Scheme)

June / July 2003

Research Methodology & Marketing Research

Time: 3 hrs.] [Max.Marks : 100

Note: 1. Answer any FIVE maiu questions. 2. All questions carry equal marks. 1. (a) What are the criteria of good research 7
(b) What are the various methods to check the validity of a scale 7 (c) Explain the various steps involved in market research process 7 is ideal 7 (b) Explain briefly the limitations of marketing research 7
(C)
(3 Marks) (7 Marks) (10 Marks)

2. (a) What is exploratory research and under what circumstances explanatory study
(3 Marks) (7 Marks)

MIS

ABC Ltd, a super market company wants to ascertain the perception of its customer towards its services. Construct a 6 item scale to measure the perceived perception of services using a) Likert Scale b) Semantic differential scale. (10 Marks)
(3 Marks) 7(7 Marks)

3~' (a) What is syndicated data and how is it classified 7 (b) Explain briefly the characteristic of Market decision support system
(C)
.

Explain the role of mdrketmg research in managerial decision making 7

(10 Marks)

4. (a) What are confounding and concomitarit variable. Give an example of each.
(3 Marks)

(b) Explain briefly the type of errors which affect the research design.
(C)

(7 Marks)

A company maintains two regional offices. It is interested to know, whether or not there are significant differences in the proportion of tea drinking habits among employees in the two offices. In regional office A, a random sample of 70 employees was taken and it was found that forty percent were drinking tea. In regional office B. a random sample of 100 employees indicated that Iifly five percent were' d;iink\ng tea. Management wants to know. is the difference between the proportion of tea drinkers in the two regional offices significant 7 (Assume 5 percent level of significance as 1.96). (10 Marks)
(3 Marks) (7 Marks)

5. (a) What are. parametric and non parametric tests 7 Name them. -,
(b) Bring out the advantages and disadvantages of a mail questionnaire.
(C)

Distinguish between 1) Data and information 2) Focus group interview and Depth interview 3) Market and marketing research 4) Qualitative and quantitative research

(10 Marks)

Contd .... 2

Page No ... 2 6. (a) State the various components of attitude

MBA206
(3 Marks)

(b) What factors influence the adoption of a particular orgarusat ion of market ing research. (7 Marks)
. C)

A certain drug is claimed to be effective in curing the cold. In an experiment of 500 persons with cold. -half of the them were given the drug and the other half of them were given sugar pill. The patients reaction to the treatment is recorded as follows.. Helped
Drug 150

Harmed No effect
30 70

Sugar pill 130 40 30 Can it be concluded that there is a significant difference between the drug and sugar pill. . (10 Marks)
7.

State the differences between oral report and written report.

(3 Mark&)

(b) A firm wants to establish, a shopping centre and towards that. it wants to estimate the household income wilh an csllm . uc or .L10R.'J. The mlutuuuu monthly income among household of that area is Rs 500 and maximum is Rs 2000. Estimate the sample size with a confidence interval of 95% (Assume Z at 94% is 1.96). (7 Marks)
(C)

Explain in detail. various steps involved in testing the hypothesis?

(10 Marks)

8. (a) What is marketing Intelligence system and mention the steps to improve it ?
(3 Marlta)

(b) Explain the various problems faced by a market researcher during editing.

(7 Marks)

(C)

l\'ijS Vineet food Ltd is a small private limited company which manufactures nutritious snacks especially for children. It is interested to test a newly

developed protein snack. However as the company is a small one. it is not in 1 position to hire the serevices of a market research. firm. . 'he company management has asked Mrs Kumar. one of its senior employees. to invite a group of 10 to 15 women to test the new snack. She was advised to invite only married women with chtldr n belonging to three major cntr-nortr-s Ie High. middle and low income groups. Mrs Kumar was also told that if she liked. she could invite her friends and neighbours. provided. they fitted the requirements. i.
Hi

Questions : What sample design is used by Mrs Kumar If so specify them.

(3+3+4 Marks)

ii. Are there any factors. that may distort the results?
. 1

Is it possible to use a better sample design? If yes. specify them.

** * **

Page No ... 1

NEW SCHEME

MBA203(NS)

Second Semester M.B.ADegree Examination, June/July

Master of Business Administration (New Scheme)

2003

Financial Management
Time: 3 hrs.] [Max.Marks : 100

Note:

1. An.'1wer any FOUR full questions.

from question numbers 1 to 7. 2. Question number 8 is compulsory. 3.. Marks are indicated against each (jltc,<;tiv1L.;. 4. P V table required .

.1. (a) Define share holder wealth. Specify how it is measured.

(3 Marks)

(b) "Financing decisions are derived from investment decisions". Discuss this statement with reference to the nature of financial management. (7 Marks) (c) Explain the changing role of finance manager.
(10 Marks)

2. (a) Mention any three elements of finance environment.

jb) Why should a Ilnance manager earnings? Give reasons.

(3 Marks)

focus on cash now for new projects rat hci than

(7 Marks)

(C) How is the concept

of "~~esent value" related to the time value of money?

(5 Marks)

(d) A van dealer extended a 36-month loan to a customer to finance the purchase of a van. The face value of the loan is Rs. 450.000 and the percentage rate on the loan is 16% compounded monthly. Calculate monthly payment.
I:'
Ma

rk ]

3. (a) Mention any three factors influencing working capital requirements.

(b) Write a note on Indian financial system.

(3 Marks) (7 Marks)

(c) PR tech Ltd. expects sales of a computer component to be Rs. 25 crore this year. Since their business is capital intensive. fixed costs (of opera ting) arc Rs.12 crore. The variable cost ratio is 30%. The company's debt olllie.;llioll consists of Rs. 3 crore of 9% bank loan and Rs.IO crore bond tssuc with ,\ 12 % coupon rate. the company has equity shares of Rs.12.00.000 and has 8.00.000 shares of preferred stock and pays preference dividend of RS.l 0 per share. Assume tax rate of 40% Required; Compute the company's degree of operating leverage and pegree of combined leverage. leverage. degree of financial
(1 () Ma rk s]

4. (a) What do you mean by weighted marginal cost of capital?

(b) Briefly explain structure. the differences between financial struct ure and

(3 Marks)

c'l! 'i t al
(5 .' ark-s)

Page No ... 2

MBA203(NS

(c) Raman enterprises has the following capital structure. which is considered t be optimal, under the present conditions.
\

Equity Debt Total capital 100%

For the next year, the management expects to realise net income Rs. 01 1,10,00,000. The company's dividend policy of paying out 50% of earnings will remain same. Their bankers allow to borrow @ 8%. The company's tax rate is 40%. Current market price of equity is Rs. 60/share. Last year dividend was Rs. 2/share. and its expected constant growth rate is 8%. Net equity can be sold at a flotation cost of 15%. The company has the following investment opportuntucs for the next year. Project .A
B

Cost 50.00,000 20.00.000 50.00,000

IRR 12% 10% 9%

(12 Marks]

C Required: a) b)

Calculate WACCusing both retained earnings and new equity.

(

Which project's should the firm accept?

(3 Marks)

5. (a) Mention any three functions of development banks.

(b) Mention and briefly explain any seven factors affecting the dividend policy of a corporate organisation. (7 Marks)
(C)

A FMCG manufacturing company plans to achieve a sales of Rs.10 crores. It provides you its information for production and sales activities. You may assume that the activities are evenly spread throught the year.
I

i)

Average time raw materials are kept in store before issue to production ii) Production cycle time / W-9-p cycle time iii) Average time finished stocks are kept in store in unsold condition iv) Average credit available from creditors v) Average credit allowed to customers

3 months 2 months 1 month 2 months 1 month

Contd .... 3

,
Page No ... 3 The cost and profit data for the sales specified above % 50 30 10 10 100 Calculate working capital requirements. 6. (a) Mention any three advantages of capital and pricing model (CAPM) (b) Write a note on stable dividend policy. Rs. (in crores) 5 3 1 1
10

MBA203(NS)

Raw materials Direct labour Overheads Profits

(10 Marks) (3 Marks) (7 Marks)

(e) Explain the advantages and disadvantages of fil1,ll1Cillg through lc<lsillg. I 7. (a) What do you mean by discounted pay back period? How is it calculated?
(10 Marks)

(3 Marks)

(b) Explain what types of effect occur when the firm uses operating leverage.
(7 Marks)

(c) Comment on interest rate behaviour in India.

(10 Marks)

8.

Case: Auto components India Ltd is an all equity company. Presently the firm has 25,00,000 shares of equity outstanding, the EPS is Rs.10 and all earnings are paid as dividends. The current market value of the equity shares is Rs. 25/ share; and equity capitalisation rate is 10%. At present the company is considering two alternative plans to raise Rs. L. crores for a new and promising new project, as follows : Equity share issue: Debt issue
@

15,00,000 more shares at Rs.20 share. Rs. 2 crores.

15% coupon rate:

After the investment, expected EBIT would be Rs. 1,50,00,000 and tax brarkc-I for the company is 50%. National level market estimate ensures increase in demand Cor the company's products for next 10 years. i) ii) Identify the nature of decisions to be taken and mention its types.ts
Marks)

Management policy is to maintain the status of company as all equity will it be right policy. Give reasons. (5 Marks)

iii) Calculate EPS ( and DPS) under each alternative.

.

iv)

. Under which economic and market circumstances

for the company, specify clearly.

(5 Marks)

debt financing is good

(5 Marks)

** * **

Page. No ... 1

MBA204(OS)

USN
Second Semester M.B.A Degree Examination, June/July
Master of Business Administration (Old Scheme)

2003

Business Law
Time: 3 hrs.] [Max. Marks : 100 any FIVE full questions selecting atleast two from each section. 2. All questions carry EQUAL marks. SECTION A 1. (a) Define a contract.
(3 Marks)

Note: 1. Answer

(b) "An agreement made without consideration is void" - Explain the rule with exceptions. (7 Marks) (c) What are the essentials of a valid contract?
(10 Marks)

2. (a) What are the differences between bailment and pledge ?

(3 Marks)

(b) 'The position of finder of goods is exactly that of a bailee" - comment and discuss. (7 Marks) (c) What are the rights of an unpaid seller? 3. (a) Define a bill of exchange ? (b) Briefly explain the duties of an agent to the principal.
. (10 Marks)

(3 Marks) (7 Marks)

(c) What is promissory note? Distinguish between promissory note and cheque.
(10 Marks) (3 Marks) (7 Marks)

4. (a) Define a company and mention types of companies. (b) Explain the doctrine of indoor management.

(c) What are the powers and liabilities of directors under Companies Act.
(10 Marks)

SECTION B

5. (a) What is a 'Factory' under Factories Act ?

(b) What are the provisions of Factories Act ~ding

(3 Marks)

employment of women?
(7 Marks)

(c) Examine critically the provisions of Factories Act relating to health and welfare of the workers. (10 Marks)

6. (a) What is the objective of Shops and Establishment Act ?

(b) What are the provisions of deposit linked insurance scheme? (c) What are the features of Employee Pension Scheme under EPF Act ?

(3 Marks) (7 Marks) (10 Marks)

Contd .... 2

Page No ... 2

MBA204(OS)
(3 Marks)

7. (a) What is gratuity ?

(b) Payment of gratuity is a piece of welfare legislation - Do you agree? Give reasons, (7 Marks) (c) Explain the provisions of Gratuity Act regarding computation of gratuity and time limits for payment of the same. (10 Marks)

8. (a) Define the term 'maternity benefit',

(3 Marks)

(b) Discuss the provisions regarding annual leave with wages under FactoIies Act.
(7 Marks)

(c) Discuss the benefit of 'leave and nursing breaks' provided to women under the Maternity Benefit Act. (10 Marks)

** * **

I ----NEW SCHEME Second Semester

MBA204(NS)

USN M.B.A Degree Examination,

Master of Business Administration (New Scheme)

June/July

2003

Business Law
Time: 3 hrs.] [Max.Marks : 100

Note:

1. Answer any FIVE full questions. 2. All questions carry EQ UAL marks.
(3 Marks)

l. (al Defme a contract. (b) "An a~eement made without consideration

exceptions. (c) What are the essentials of a valid contract?

is void" - Explain the rule with

(7 Marks) (10 Marks) (3 Marks)

2.

(al What are the differences

between bailment and pledge?

(b) " The position of finder of goods is exactly that of a bailee " - comment and
discuss.
(c) What are the rights of an unpaid
(7 Marks)

seller?

(10 Marks) (3 Marks) (7 Marks)

3.

(a) Defme a bill of exchange.

(b) Briefly explain the duties of an agent to the principal.

(cl What is promissory

note?

Distinguish

between promissory

note and cheque.

(10 Marks) (3 Marks) (7 Marks)

4. (a) Defme a company and mention types of companies.

(b) Explain the doctrine of indoor management. (c) What are lhe powers and liabilities of directors
,

under Companies

Act?

(10 Marks) (3 Marks)

5.

(a) What is a 'Factory' under Factories Act ? (b) What are the provisions of Factories Act regarding employment of the workers.

of women?
(7 Marks) (10 Marks)

(c) Examine critically the provisions of Factories Act relating to health and welfare

6. (a) Under what circumstances

(b) Discuss

a minor can be made liable? of insurance? Act ?

(3 Marks) (7 Marks) (10 Marks) (3 Marks) (7 Marks) (10 Marks) (3 Marks) (7 Marks) (10 Marks)

briefly the remedies for breach of contract.

(C) What are the general principles

7. (a) What are the objectives of Shops and Establishments

(b) What are the rights and liabilities of a partner?
(c) What is prospectus?

What are its contents?

8. (a) Who is a common carrier ?

(b) What are the general powers of an arbitrator?
(C) Write short notes on

i) it)

FEMA Powers of District Forum under COPRA.

** * **

Page No ... 1

NEW SCHEME
i,

MBA207(NS)

t'

USN 2003

Second Seme~ter M!B.A Degree Examination, June/July

, Master of Business Administration

(New scheme)

Production and Operations Management

Time: 3 hrs.]
. :'.., ....
... :'.. ,
-:

[Max.Marks : 100 1. Answer any FIVE full questions . 2. All questions c:arry equal marks.
(3 Marks)

Note:

1; (a) Differentiate production management from operations management.

(b) Potential locations A, B & C have cost structures shown below for producing a product expected to sell at Rs. 100 per unit. Find the most economical location for an expected volume of 2000 units/year. Also determine the range of animal volume of production for which each of the locations A, B & C would be most economical. Location Fixed Cost Variable cost per year .per year (Rs.) (Rs.) 50', 25,000' A 25. B 50,000 15 C . 80,000
.

,.,

~,

(7 Marks)

(c)

Explain historical evaluation of production function up to the 21st century.

(10 Marks) (3 Marks)

',.

2' (a) Explain F.M.S.

(b)

.
,

"(,'

Contrast job 'shop 'layout with line processing layout with their advantages & disadvantages, . ~ ," !. (7 Marks)'
'

r;
"

" "

(c)

Calculate the standard. production per shift of 8 hours duration with the following data." ~,..~" . Observed time, per unit = 5min Rating factor = 120%J& Totalallowances = 33i-% of normal time. , 1
. '-l! \ ~ .

(10 Marks)

.3.
i):
ii) iii) iv)

Write short notes on any lfOUR: Preventive Vs Break down maintenance Quality assurance Vs quality control CAD Vis CAM ,\,', E.O.g. ort4erbligs Cellular manufacturing systems.
" I

1 .

'.

v)

(4x5=20

Marks)

4.

(a) (b)

D~stingUish betWeeb ~hortlrange & long range plans with examples.

. " . I

(3 Marks) (7 Mluks)

Explain different types of manufacturing

systems.

(c) Explain briefly why materials are important for a manufacturing organisation?
Explain important objectives of materials management.
(10 Marks)

Contd .... 2

Page No. .. 2 "

MBA207(NS)
(3 Marks)

5. (a) Distinguish inventory from materials.

(b) Explain any four major inventory control techniques employed in a modern organisation. (7 Mark_; (c) Calculate the vendor rating for the following. The item under consideration 11 same for all suppliers. (10 Mark! Suppliers data Quantity ~~pplied Quantity accepted Price of each item (Rs.) x Delivery promised (weeks) 'Actual delivert~s niade (weeks) , 'A
90 78 4 6 8 B 80 80 4.2 6 6.2

C
75 70 3.9 6 7

"

'

Wetghtage for quality 700/0 Welghtage for pri~e '200Al' Weightage for delivery = 10%

6. (a) List the objectives of stores in operations of an organisation.

(b) Explain in detail when make or buy decisions become necessary.

(3 Marki (7 Marki

(c) An auto Industry purchases spark plugs at the rate of Rs. 25 per piece. Th allnual consumption of spark plug is 18.000 units. If the ordering cost i Rs. 250 per order and-carrying cost is 25% p.a what would be the EOQ? the supplier of the spark plugs offers a discount of 5% for order quantities ( 3.000 numbers per order. do you accept the discount offer? (10 Mark

7. (a) What i~ capacity p~anning & why is it important in POM?

(b) Explain and distinguish SQC from quality circles.
"

(3 Mark (7 Mark (10 Mark

"

(C)

. Construce both X
Subgroup number
1 2 3 4 5 6 7 8 9, 10

& Richart from the following data: R 0.10 0.18 0.17 0.20 0.15 0.16 0.13 0.18 0.16 0.13

X
6.36 6.38 6.35 6.39 6.32 6.34 6.40 6.33 6.37 ~ 6.33

Subgroup number
11 12 13 14 15 16 17 18 19 20

X
6.32 6.30 6.34 6.39 6.37 6.36 6.35 6.35 6.34 6.34

R 0.18 0.10 0.11 0.14 0.17 , 0.15 0.18 0.13 0.18 0.16

<,

..

"

Assume constant values as follows : Az

= 0.73;

D3

= 0&D4

= 2.28 Contd ....

Page No... 3 8. (a) Explain line balancing.

MBA207(NS)
(3 Marks)

(b) What are the guide lines to be followed for proper scheduling. two types in detail.
(C)

Explain any
(7 Marks)

Company ts constdertng a selective inventory control using the following data Item No.s Annual consumption (units) 1 2 3 4 5 6 7 8 9 10 11 12 6.000 61.200 16,800 3,000 55,800 22.680 26.640 14.760 20,520 90,000 29.940 24. 660 Unit price (Rs.) 4.00 0.05 2.10 6.00 0.20 0.50 0.65 0.40 0.40 0.10 0.30 0.50

Classify these Items into1\. B & C categories & find out the exact percentage of these ca~egOries out of the total number of units. (10 Marks)

** * **

Page No ... 1

MBA207(OS)

USN
Second Semester M.B.A Degree Examination, June/July
I .

2003

Master of Business Administration (Old Scheme)

Production and Operations Management

Time: '3 hrs.] [Max. Marks : 100

Note:

1. All questions carry equal marks. 2. Answer any FIVE. out of eight full questions.

-,

L (a) Define the term productive system. Give two examples for the productive systems concerned to s rvtce and manufacturing respectively. (3 Marks) (b) Distinguish between the productive systems to produce products versus services. (7 Marks) (c) "Operations strategy" - A key element in corporate strategy. Briefly explain.
. (10 Marks)

2. (a) What is "plant location"? State why location decision becomes a trade off
dectston.
(3 Marks)

(b) Location A would result in annual fixed costs of $300.000. variable costs of $ 63/unit and revenues of $ 68 / unit. Annual fixed costs at location [3 are $ 800.000. variables costs are $ 32/unit. and revenues are $ 68junit. Sales volume is estimated to be 25.000 units j year. Which location is most attractive? (7 Marks) (c) Briefly explain the process layout and product layout. Enumerate the advan. tages and disadvantages , of process layouts and product layouts.
(10 Marks)

3. (a) What do you understand by "Work study" and why is it needed?

(3 Marks)

(b) The time study of a machinery operation recorded cycle times of 8.0. 7.0. 8.0 and 9.0 minutes. The analyst rated the observed worker as 90 percent. The flrm uses a 0.15 allowance fraction. Compute the standard time for the machinery operation. (7 Marks) (cl What are the various components of workstudy? Illustrate the method study procedure. (10 Marks) 4. (a) Defme the term inventory. Classify the different types of inventories.
(3 Marks)

(b) Briefly explain the fixed quantity and fixed period inventory systems with the help of schematic diagrams. (7 Marks)
(C) A company uses annually 48.000 units of a component each costing Rs.1.25.

Placing each order costs Rs.45 and the carrying cost is 15% of the average inventory. Find the economic order quantity.
\

The company works 300 days ayear and the procurement ttrne ofthe component . is 12 days and the safety stock is 500 units. Find the reorder point. the maximum.' minimum and average inventory. (10 Marks)

Contd .... 2

Page 'No ... 2

MBA207(OS}
,
(3 Marks) (7 Marks)

5. (a) Define the term value analysts.'

(b) What are the objectives of stores management?

(c) Briefly explain the methods used for rating the performance of the suppliers. 6. (a) What is capacity planning?

(10 Marks) (3 Marks) (7 Marks)

(b) Briefly explain the major functions of PPC department.

(c) Stan's furniture refinlshers have five items of furniture to sand and varnish the next day. The times for these two operations are shown in the table below. Find the sequence of jobs through the two work centers and also determine the total elapsed time. . Item
A B

Sanding (Time in hrs) 1.50 2.90 1.00 2.50 1.75

Varnish (Time in hrs) 1.25 3.00 2.00 2.00 1.75

(10 Marks)

C
D E

7. (a) Defme the term SQC.

. I

(3 Marks) (7 Marks)

(b) Br efly explain the concept ofTQM.

(C) Draw

a control chart for the following data and comment on the result. Sample ( each of 100) No. of defectives
I

3 4 6 8

5 9

6 7

9
II

10
9
(10 Marks)

12

,10

9 7 11

8.

Write short notes on : a) b) c) Line balancing CAD/CAM Cellular layouts

(4 X 5=20 Marks)

d) Aggregate output planning.

** * **