1. “A large business firm cannot function smoothly without co-ordination.” Discuss the statement with illustrations. 2. “A misconceived and incapable leader may take his followers to dangers of life” – Discuss in details. 3. “Modern business organization revolves around profit motive only”. Critically evaluate the statement in relation to Corporate Social Responsibility. 4. “MBO plays a major role in planning process” – Critically analyse the statement in detail with live examples.
1.2 FINANCIAL AND MANAGEMENT ACCOUNTING
1. “Accounting provides information to various users.” Discuss accounting as an information system. 2. Discuss the role and contribution of the professional accounting institutions in the development of accounting in 20th century. 3. Discuss the relationship of accounting with other important branches of knowledge including economics. 4. From the following information, prepare the Balance Sheet of X Company showing the details of working:
| |Rs. |Rs. |
|Paid up Capital | |50,000 |
|Plant and Machinery | |1,25,000 |
|Total Sales p.a. | |5,00,000 |
|Gross Profit Margin | |25% |
|Annual Credit Sales | |80% of |
| | |Net Sales |
|Current Ratio | |2 |
|Inventory Turnover | |4 |
|Fixed Assets Turnover | |2 |
|Sales Returns | |20% of |
| | |Sales |
|Average Collection period | |73 days |
|Bank credit to Trade credit | |2 |
|Cash to Inventory | |1: 15 |
|Total debt to Current Liabilities | |3 |
1.3 MANAGERIAL ECONOMICS
1. “Economics has a close connection with micro-economic theory, macro-economic theory, theory of decision-making, operation research and statistics.” – Elucidate. 2. ‘Short-run average variable cost curve is saucer-shaped.’ – Explain. 3. What is meant by monopolistic competition? Is product differentiation an outcome of monopolistic competition? Discuss the behaviour of the firm under monopolistic competition. 4. Elucidate the various methods of calculating ‘National Income’ and explain the points to be considered while calculating National Income.
1.4 LEGAL ENVIRONMENT OF BUSINESS
1. “Agency in law connotes an authority or capacity in one person to create legal relationship between a person occupying the position of principal and third parties” – Examine the concept of agency in the light of this statement. 2. “A Negotiable Instrument once passes through the hands of a holder may not be a holder in due course” – Explain. 3. “Directors are described sometimes as agents, sometimes as trustees, and sometimes as managing partners” – Explain the position of directors in the light of this statement. 4. “A complainant who fails or omits to comply with any order made by a consumer disputes redressal forum shall be punishable with fine imprisonment” – Discuss.
1.5 ORGANISATIONAL BEHAVIOUR
1. Construct a diagram depicting the formal organization of an enterprise with which you are familiar. How does this organization chart help (or) hinder the establishment of an environment for performance? 2. “You cannot motivate manager, they are self-propelled. You just get out of their way, if you really want performance” – Comment. 3. “Heredity determines Behaviours of an Individual” A) Build an argument to support this statement; B) Build an argument against this statement. 4. Can you identify a set of characteristics that describes your colleague culture? Compare your list with several of your peers? How closely do they agree?
1.6 WRITTEN ANALYSIS AND COMMUNICATION
1. Select an organization with which you are acquainted and construct a diagram showing its network of communication.
2. Discuss how your opinions, attitudes and beliefs influence your communication.
3. Discuss the importance of interpersonal relationship in organization and list down source of techniques to improve it.
4. Prepare an agenda for annual general body meeting of a company of your choice.
1.7 BUSINESS POLICY AND STRATEGIC MANAGEMENT
1. List a few recent instances of Indian companies that adopted diversification strategies and make observation. a. why these companies diversified? b. The types of diversification used? 2. “Concentration strategy is dangerous and risky as it attempts to put all eggs in one basket” – Elaborate and find out the limitations of this strategy. 3. Suppose you are the CEO of an organization and you have been asked to institutionalize strategy for expansion. What steps will you take for accomplishing? 4. Describe the role of strategic management in small scale industries.
1.8 RESEARCH METHODOLOGY
1. Explain how researchers can use summary statistics to draw conclusions about the population from which their sample came. 2. Discuss the distinction between two types of Statistical test: Parametric and Non-parametric tests. 3. Explain the techniques for analyzing relationships between two or more variables. 4. 15 students were given intensive coaching and 5 tests were conducted in a month. The scores of test-1 and test-5 are given below. Does the score from test-1 and test-5 show an improvement?
|No. of Students | |Marks in 1st Test | |Marks in 5th Test |
|1. | |50 | |62 |
|2. | |42 | |40 |
|3. | |51 | |61 |
|4. | |26 | |35 |
|5. | |35 | |30 |
|6. | |42 | |52 |
|7. | |60 | |68 |
|8. | |41 | |51 |
|9. | |70 | |84 |
|10. | |55 | |63 |
|11. | |63 | |72 |
|12. | |38 | |50 |
|13. | |43 | |55 |
|14. | |68 | |70 |
|15. | |32 | |48 |
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