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MBA Semester I Fall 2015Q1. Discuss the principles of Management by Henri Fayol.
Answer: There are fourteen principles of management which Henri Fayol enunciated. This has wide acceptance which is described in detail as follows: ...
Q1. As a speaker you are addressing a group of people. Explain the elements involved in this communication.
Answer: Group communication usually takes place between three to twenty individuals. The basic resource of any group is its members...
Q1. Statistics plays a vital role in almost every facet of human life. Describe the functions of Statistics. Explain the applications of statistics.
Answer: Statistical skills enable managers to collect, analyse and interpret data in order to take suitable decisions...
Q1. Analyze the following transaction under traditional approach
18.1.2011 Received a cheque from a customer, Sanjay at 5 p.m. Rs.20,000
19.1.2011 Paid Ramu by cheque Rs.1,50,000
20.1.2011 Paid salary Rs. 30,000
20.1.2011 Paid rent by cheque Rs. 8,000
21.1.2011 Goods withdrawn for personal use Rs. 5,000
25.1.2011 Paid an advance to suppliers of goods Rs. 1,00,000
26.1.2011 Received an advance from customers Rs. 3,00,000
31.1.2011 Paid interest on loan Rs. 5,000
31.1.2011 Paid instalment of loan Rs. 25,000
31.1.2011 Interest allowed by bank Rs. 8,000
Answer: Cash a/c Sanjay a/c Real Personal Cash (cheque) is coming in Sanjay is the giver Debit Credit ...
Q1. What is production function and its uses? Explain the two types of production functions.
Answer: Two types of production functions 7 The entire theory of production centres revolves around the concept of production function. A “production function” expresses the technological or engineering relationship between physical quantity of inputs employed and physical quantity of outputs obtained by a firm...
Q1. Discuss the impact of Globalization on HR.
Answer: The tendency of firms is to extend their sales and/or manufacturing to new markets abroad, and for business everywhere...