MUJ assignments for JAN-FEB 2024 are now available. (These are general assignments that you must edit before submitting)

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Sample assignments for JAN-FEB 2024

DMBA101 & MANAGEMENT PROCESS AND ORGANISATIONAL BEHAVIOUR FEB 24

DMBA103 STATISTICS FOR MANAGEMENT FEB 24

DMBA104- FINANCIAL AND MANAGEMENT ACCOUNTING FEB 24

DMBA105 – MANAGERIAL ECONOMICS FEB 24

DMBA106 HUMAN RESOURCE MANAGEMENT FEB 24

SESSION
JAN-FEB’24
PROGRAM
MASTER OF BUSINESS ADMINISTRATION
(MBA)
SEMESTER
1
COURSE CODE & NAME
DMBA101 & MANAGEMENT PROCESS AND
ORGANISATIONAL BEHAVIOUR
Assignment Set – 1
1. Define the concept of Decision Making along with BCG model of planning and
decision making.
Ans 1.
Decision Making and the BCG Model
Definition of Decision Making
Decision making is a fundamental process used in the management of any organization,
encompassing the act of choosing between two or more alternative courses of action. It is a
core part of the management functions, which involves selecting a specific course of action
from a range of possibilities after evaluating the benefits and risks associated with each.
Decision making in management is aimed at achieving organizational goals efficiently and
effectively by responding to opportunities and solving problems.
BCG Model of Planning and Decision Making
The BCG model, developed by the Boston Consulting Group, is a strategic planning tool used
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2. Discuss the concept of Organizing while having light on the importance of the
concept.
3+7
Ans 2.
Organizing in Management
Definition of Organizing
Organizing is a fundamental function of management that involves arranging people, tasks,
and resources in a way that effectively and efficiently achieves business objectives. It follows
the planning stage and sets the framework for directing and controlling operations within an
organization. This function is vital for ensuring that the planned goals are met through
optimal use of resources.
Elements of Organizing
3. Write the concept of Controlling along with prerequisites of Effective Control. 3+7
Ans 3.
Definition of Controlling
Controlling is a fundamental management function that involves measuring actual
performance against set standards, with the objective of ensuring that organizational goals are
achieved and that all parts of the organization are functioning in alignment with the strategic
plan. This function facilitates the ability to take corrective actions and thus ensures that the
Assignment Set – 2
4. Define the term Motivation? Explain Maslow’s hierarchy of needs theory. 2+8
Ans 4.
Definition of Motivation
Motivation refers to the processes that account for an individual’s intensity, direction, and
persistence of effort toward achieving a specific goal. While intensity concerns the amount of
energy an individual applies to reach a goal, direction relates to the alignment of that effort
with the goal, and persistence is the continued effort over a period of time despite obstacles
and setbacks. Motivation is critical in the workplace as it directly influences productivity and
5.Detail the concept of ‘Team’, also discuss seventeen characteristics of an Effective
Team. 2+8
Ans 5.
Concept of a ‘Team’
A ‘team’ is a group of individuals who are organized to work together interdependently and
cooperatively to meet the needs of their customers by accomplishing a purpose and goals.
Teams are created for both long-term and short-term interaction. A team operates on the
belief that the collective decisions, products, or services meet the quality standards of the
6.Define the concept of Leadership. Discuss different dimensions- Authoritarian,
Democratic & Laissez Faire in detail. 3+7
Ans 6.
Concept of Leadership
Leadership is the act of guiding and directing a group of people towards achieving a common
goal. It involves influencing and motivating others to participate in the process of
accomplishing organizational or group objectives. Effective leadership transcends the
operational execution of tasks and involves inspiring others, setting a vision, and adapting to
change while maintaining focus on achieving results.
SESSION
JAN-FEB’24
PROGRAM
MASTER OF BUSINESS ADMINISTRATION
(MBA)
SEMESTER
1
COURSE CODE & NAME
DMBA103 STATISTICS FOR MANAGEMENT
Assignment Set – 1
1. Discuss Binomial Distribution.
Whataretheassumptionsunderwhichbinomialdistributionisapplied? Give examples 5+5
Ans 1.
The binomial distribution is a foundational concept in statistics, particularly useful for
modeling scenarios where outcomes are dichotomous, meaning they result in one of two
possible outcomes: success or failure. This type of distribution allows for the calculation of
the probability of a fixed number of successes in a given number of trials within a clearly
defined set of conditions.
Assumptions of the Binomial Distribution
For a statistical scenario to be appropriately modeled by a binomial distribution, several key
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2. Discuss meaning, definition, functions and requisites for classification.
Ans 2.
Meaning and Definition of Classification
Classification refers to the systematic arrangement of entities based on shared qualities or
characteristics into groups or categories. This method is fundamental in various fields such as
biology, library science, data analysis, and social sciences, serving as a means to organize and
simplify complex sets of data or information. The purpose of classification is to enhance
understanding and efficiency in accessing information. By grouping entities that exhibit
similar traits, classification helps in establishing order and facilitating effective
3. A clerk calculated arithmetic mean of 50 values as 39.2. However, it was found that
instead of taking two values as 25 and 32, he took them as 52 and 23. Find the corrected
arithmetic mean. 10
Ans 3.
To find the corrected arithmetic mean after the discovery of the data entry error, we first need
to understand the impact of the error on the initially calculated mean. Let’s start by examining
the error and then recalculating the correct mean.
Step 1: Reviewing the Initial Calculation
The clerk originally calculated the arithmetic mean of 50 values as 39.2. The arithmetic mean
Assignment Set – 2
4. What is sampling? Explain the importance in solving business problems. Critically
examine the well-known methods of probability sampling and non-probability sampling
2+2+3+3
Ans 4.
Sampling is a statistical method used to select a subset of data, or a sample, from a larger
population for the purpose of making predictions or inferences about that population. It is a
critical tool in research and business decision-making because it allows for the collection of
data points that are manageable, cost-effective, and timely, without needing to survey the
entire population.
Importance in Solving Business Problems
In business, sampling is crucial for making informed decisions efficiently and effectively.
5. What do you mean by index number? Explain the characteristics and uses of index
numbers in detail.
Ans 5.
Index numbers are statistical measures designed to show changes in a variable or group of
variables over time, relative to a base period. They are crucial tools in economics and
business for tracking trends, comparing data, and making informed decisions. This essay
explains the characteristics and uses of index numbers in detail.
Characteristics of Index Numbers
6. In a singing competition, two judges assigned the ranks for seven candidates which is
depicted in table given below. Find Spearman’s rank correlation coefficient.
Competitor 1
2
3
4
5
6
7
Judge I
5
6
4
3
2
7
1
Judge II
6
4
5
1
2
7
3
Ans 6.
Spearman’s rank correlation coefficient, denoted as ρ (rho), is a non-parametric measure of
rank correlation that assesses how well the relationship between two rankings can be
described using a monotonic function. This statistic is useful when dealing with ordinal data,
where the exact differences between ranked items are not meaningful, but their order is. In
the context of a singing competition, Spearman’s rho can help determine the degree of
SESSION
JAN – FEB2024
PROGRAM
MASTER OF BUSINESS ADMINISTRATION
(MBA)
SEMESTER
I
COURSE CODE & NAME
DMBA104- FINANCIAL AND MANAGEMENT
ACCOUNTING
Assignment Set – 1
1. Explain different types of accounting concepts in detail.
Ans 1.
The field of accounting is governed by several fundamental concepts that ensure the
uniformity, clarity, and comparability of financial reporting. These accounting concepts form
the backbone of financial and management accounting practices. Here are the key types of
accounting concepts detailed:
Entity Concept
The entity concept separates the business from its owner(s). Financial records reflect only the
business’s transactions, distinct from the personal financial activities of its owner or any other
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2. Write a detailed note on different types of subsidiary books and their importance in
recording accounting transactions. Also demonstrate specimen of any 2 types of
subsidiary books.
Ans 2.
Subsidiary books, also known as special journals, are an integral part of the accounting
system used by businesses to categorize and record financial transactions before they are
summarized in the ledger. These books streamline the accounting process, enhance accuracy,
and improve the efficiency of financial record-keeping. Below is a detailed note on the
different types of subsidiary books and their importance in recording accounting transactions,
3. For the following balances extracted from a trial balance, prepare a trading account.
Particulars
Amount in Rs.
Stock on 1-1-2004
70700
Returns inwards
3000
Returns outwards
3000
Purchases
102000
Debtors
56000
Creditors
45000
Carriage inwards
5000
Carriage outwards
4000
Import duty on materials received from abroad
6000
Clearing charges
7000
Rent of business shop
12000
Royalty paid to extract materials
10000
Fire insurance on stock
2000
Wages paid to workers
8000
Office salaries
10000
Cash discount
1000
Gas, electricity, and water
4000
Sales
250000
Ans 3.
A trading account is a summary of all revenues and costs directly associated with the buying
and selling of goods over a given accounting period, typically over a fiscal year. It helps in
determining the gross profit or gross loss of a business entity. The following example
demonstrates how to prepare a trading account for a business using the provided trial balance
data.
Balances Extracted from the Trial Balance
Particulars
Amount (Rs.)
4. Following is the balance sheet for the period ending 31st March 2018 and 2019. If the
current year’s net loss is Rs.38,000, calculate the cash flow from operating activities.
31st MARCH
2018
2019
Short-term loan to employees 15,000
18,000
Creditors
30,000
8,000
Provision for doubtful debts
1,200
–
Bills payable
18,000
20,000
Stock in trade
15,000
13,000
Bills receivable
10,000
22,000
Prepaid expenses
800
600
Outstanding expenses
300
500
Ans 4.
To calculate the cash flow from operating activities, we first need to adjust for the non-cash
expenses and changes in working capital from the balance sheet data provided. The net loss
for the year is also factored into these calculations to reach the net cash flow from operating
activities. Here’s how you can do it:
Adjustments for Changes in Working Capital:
Changes in working capital components impact cash flow. Here’s a breakdown based on the
5. Define Marginal Costing. Discuss in detail the assumptions and limitations of
Marginal Costing.
Ans 5.
Marginal costing, also known as variable costing or direct costing, is a costing method in
which only variable costs are charged to cost units and fixed costs are treated as period costs
and are written off in the period in which they are incurred. This technique differentiates
between fixed costs and variable costs as product cost and period cost, respectively. The key
feature of marginal costing is that it provides clarity in the effect of fixed costs on the overall
6. What is meant by budgetary control? Elaborate essential features of budgetary
control.
Ans 6.
Budgetary control is a comprehensive system of managing a business’s finances by
developing budgets based on the various activities involved, then comparing actual results to
the budgeted figures to measure performance and make informed decisions. This system
helps in planning, coordinating, and controlling various business operations through financial
and/or quantitative statements prepared and approved prior to a defined period.
Essential Features of Budgetary Control
1. Financial Planning: Budgetary control involves detailed financial planning. The process
SESSION
JAN-FEB’24
PROGRAM
MASTER OF BUSINESS ADMINISTRATION
(MBA)
SEMESTER
4
COURSE CODE & NAME
DMBA105 – MANAGERIAL ECONOMICS
Assignment Set – 1
1. Why demand curve slopes downwards? What are its exceptions? 4+6
Ans 1.
The demand curve, a fundamental concept in economics, typically slopes downward. This
pattern reflects the inverse relationship between the price of a good or service and the
quantity demanded by consumers. In other words, as the price of a product decreases, the
quantity demanded generally increases, and vice versa. This downward slope can be
attributed to several economic principles and behavioral responses, which include the
substitution effect, the income effect, and diminishing marginal utility.
Substitution Effect
The substitution effect occurs when a decrease in the price of a good makes it more attractive
relative to its substitutes. As the price of a product drops, consumers are likely to switch from
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2. Why demand curve for a firm in perfectly competitive market is horizontal whereas
it is downward sloping in imperfectly competitive market. 5+5
Ans 2.
In the realm of economics, understanding why demand curves differ in shape between
perfectly competitive and imperfectly competitive markets is fundamental. This exploration
sheds light on the differing market dynamics and the strategic positioning of firms within
these markets.
Demand Curve in Perfectly Competitive Markets
In a perfectly competitive market, the demand curve for an individual firm is horizontal,
3. Explain the different types of cost with suitable example. 10
Ans 3.
In economics and business management, the concept of cost is multifaceted, reflecting
various aspects of spending incurred by organizations or individuals. These costs are
categorized based on their characteristics and the context in which they occur. Below are
some key types of costs, each illustrated with examples to facilitate a clearer understanding:
1. Fixed Costs
Fixed costs are expenses that do not change with the level of production or sales. They are
Assignment Set – 2
4. Write down the ways to control inflation of a country. 10
Ans 4.
Strategies to Control Inflation in an Economy
Inflation, characterized by a sustained increase in the general price level of goods and
services in an economy, can have a significant impact on economic stability and purchasing
power. Governments and central banks use various strategies to control inflation. These
measures are crucial for maintaining economic stability and can be broadly categorized into
5. Summarize the different objectives of pricing policies.10
Ans 5.
Pricing policies are fundamental for businesses as they directly impact revenue generation,
market positioning, and overall strategic goals. Different pricing objectives guide how a
company sets its prices, and these objectives can vary based on the company’s market,
product life cycle, and competitive environment. Here are several key pricing objectives that

 

 

 

 

SESSION
AUG/SEP2023
PROGRAM
BACHELOROFBUSINESSADMINISTRATION(B
BA)
SEMESTER
I
COURSE CODE &NAME
DBB1101-COMMUNICATION &
PERSONALITY
DEVELOPMENT
SET-I
1 Illustrate all the different types of Tenses. Give examples. 10
Ans 1.
Introduction:
Tenses are a fundamental aspect of grammar that convey the timing of actions or events in a
sentence. They enable us to express whether an action is happening in the present, happened
in the past, or will occur in the future. English grammar recognizes several different tenses,
each serving a unique purpose. In this discussion, we will explore the major types of tenses
and provide examples to illustrate their usage.
Concept:
Present Simple Tense: The present simple tense is used to describe actions that are habitual,
general truths, or timeless facts. It is formed by adding an ‘s’ to the base form of the verb for
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2 Definethe following and also give examples for each:
Noun
Pronoun
Conjunction
Preposition
Interjection
Ans 2.
Introduction
Language is a powerful tool for communication, and understanding its fundamental
components is essential for effective expression. Among these components, nouns, pronouns,
conjunctions, prepositions, and interjections play pivotal roles. Nouns are words that
represent people, places, things, or ideas, such as “dog,” “Paris,” or “freedom.” Pronouns, like
“he,” “she,” or “it,” replace nouns to avoid repetition. Conjunctions, such as “and,” “but,” and
“or,” connect words, phrases, or clauses in sentences. Prepositions, like “in,” “on,” and
“under,” establish relationships between objects in space or time. Interjections, like “wow,”
3 Illustrate the steps of making a flash card choosing any word of your choice. You may
use diagrams.
Ans 3.
Introduction
Flashcards, known for their quintessential role in active recall learning, are simple yet
remarkably effective educational tools that promote memory retention through repetitious
exposure and testing. They’re widely employed in various educational settings, from
elementary schools to professional development courses, aiding in the learning of languages,
mathematics, science, and more. Essentially, a flashcard contains a cue or question on one
side and the corresponding answer or information on the other, acting as a quick reference
and self-testing tool. Creating a flashcard can be straightforward, yet it should be
SET-II
4 What are the different types of questions that can be asked from a Reading
Comprehension? Explain.
Ans 4.
Introduction
Reading comprehension serves as a pivotal skill across various domains, intertwining an
individual’s ability to understand, analyze, and assimilate information conveyed through text.
This cognitive faculty isn’t merely about discerning words but involves a nuanced
engagement with the text, synthesizing its meaning, and connecting it with existing
knowledge. Assorted types of questions stemming from reading comprehension tasks are
curated to assess diverse aspects of understanding, including textual interpretation,
vocabulary, inference, and critical analysis. An intricate weave of these queries demands
5 Define Leadership. Explain the different types of leadership profiles.
Ans 5.
Definition of Leadership
Leadership is the act or practice of influencing, guiding, and empowering a group or team
towards achieving common goals. It involves inspiring others, making strategic decisions,
and creating an environment that fosters collaboration, innovation, and accomplishment. A
good leader typically encompasses traits such as vision, integrity, empathy, resilience, and
effective communication.
Leadership Profiles
Transformational Leadership: Transformational leaders inspire and motivate their
followers by creating a vision of a better future. They focus on changing, transforming, and
6 Explain the four quadrants of the Johari Window in detail. Use your own examples.
Ans 6.
The Johari Window is a psychological tool developed by psychologists Joseph Luft and
Harrington Ingham in 1955. It’s designed to help individuals understand and improve their
self-awareness and interpersonal relationships. The model divides information about a person
into four quadrants, each representing a different aspect of their personality or self-concept.
Let’s explore each quadrant in detail with examples:
Open (Arena):
The Open quadrant contains information about yourself that you are aware of and that
others are also aware of. It represents the “public” or “known” aspect of your personality.
SESSION
AUG/SEPT 2023
PROGRAM
BACHELOR OF BUSINESS ADMINISTRATION
(BBA)
SEMESTER
I
COURSE CODE & NAME
DBB1102 – ORGANIZATIONAL BEHAVIOUR
CREDITS
4
NUMBER OF ASSIGNMENTS
& MARKS
02
30 Marks each
Assignment Set – 1
1. Explain the Concept of Organizational Behaviour. Discuss the role of a manager in terms
of Organizational Behaviour.
Ans 1.
Organizational Behaviour: An Overview
Organizational Behaviour (OB) is a multidisciplinary field that explores the dynamics of
individuals, groups, and structures within an organizational context, with the objective to
enhance organizational performance and develop better work environments. It amalgamates
insights from psychology, sociology, anthropology, and economics to understand, predict, and
manage human behaviour in organizations.
This concept revolves around several core topics such as leadership, motivation, team dynamics,
conflict management, organizational culture, and change management, all of which are crucial in
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2. Define personality. Examine the various determinants of Personality.
Ans 2.
Personality Definition:
Personality is a complex construct that refers to the consistent and unique behavioral, emotional,
and cognitive patterns exhibited by an individual. It’s a blend of traits, behaviors, motivations,
and thoughts that persist over time and across situations, distinguishing one person from another.
Personality encompasses the ways in which individuals interact with the world and process
information, and it guides their responses to various circumstances.
Determinants of Personality:
Personality is sculpted by a range of factors, which are typically categorized into heredity,
environment, and situation.
3. The organizational structure of any business enterprise is affected by several factors.
Deliberate on those factors. 10
Ans 3.
The organizational structure of any business enterprise serves as the backbone that supports and
guides its functions and processes. This structure is not arbitrarily designed; instead, it is sculpted
by an array of factors that influence its formation and evolution, ensuring that the entity is wellequipped
to navigate
through the varied
terrains of the business
environment.
Nature and Size of the Business: The intrinsic characteristics and magnitude of a business
significantly influence its organizational structure. A small start-up may function effectively with
Assignment Set – 2
1. Define Stress. Highlight the major sources of stress.
Ans 1.
Definition of Stress
Stress, in psychological terms, is a feeling of emotional or physical tension that arises from any
event or thought that makes an individual feel frustrated, angry, or nervous. It is essentially the
body’s reaction to a challenge or demand, and can manifest in a variety of ways, influencing
one’s mental, physical, and emotional states. Stress can be classified into two main types: acute
stress, which is short-term and can be beneficial in certain situations (often referred to as
“eustress”), and chronic stress, which persists over a longer period and is generally harmful.
2. Explain the Sources of Conflict in an organization. Briefly discuss five different styles of
conflict management.
Ans 2.
Sources of Conflict in an Organization
Conflict arises from various sources within an organization, as differing priorities, goals, and
perspectives create discord among individuals or groups.
Competing Goals: Different departments or teams within an organization often have distinct
goals. Sales teams may push for volume and customer acquisition, while production may
prioritize efficiency and quality control, potentially causing friction.
Scarce Resources: Limited resources such as budgets, personnel, and materials frequently
become points of contention, as departments and teams vie for their share to achieve their
3. Explain the meaning and importance of a Group in an organization. Explain the stages
of group development
Ans 3.
Meaning and Importance of a Group in an Organization
Meaning:
A group in an organizational context refers to a collection of individuals who interact and
coordinate their efforts towards achieving a common goal or objective. Groups can be formal,
where they are officially recognized and established by the organization with a defined purpose,
or informal, where connections are built more spontaneously based on personal relationships or
common interests.
Importance:
Synergy: Groups foster synergy where the collective outcome is greater than the sum of
individual efforts. Through pooling diverse skills and knowledge, a group can generate
SESSION
AUG/SEP 2023
PROGRAM
BACHELOR OF BUSINESS ADMINISTRATION
(BBA)
SEMESTER
I
COURSE CODE & NAME
DBB1103 – BUSINESS ENVIRONMENT
CREDITS
4
NUMBER OF ASSIGNMENTS
& MARKS
02
30 Marks each
Assignment Set – 1
1. What are the key points to be understood in environmental analysis?
Ans 1.
Environmental analysis is a crucial component of strategic management and decision-making
for businesses in today’s dynamic and complex global landscape. It involves the systematic
assessment of various external factors that can impact an organization’s performance and
competitive position. To understand environmental analysis comprehensively, several key
points must be considered:
Environmental Scanning: Environmental analysis begins with environmental scanning,
which is the process of collecting information about the external environment. This includes
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2. “Knowingly do no harm” is a part of business ethics. What are the activities
considered unethical in business ? 3+7
Ans 2.
Introduction
Business ethics is a crucial aspect of any organization’s operations, emphasizing moral values
and principles that guide decision-making and behavior within the business environment. The
principle of “knowingly do no harm” serves as a fundamental tenet of business ethics. It
implies that businesses should strive to avoid causing harm to individuals, society, and the
environment through their actions. Unfortunately, not all businesses adhere to this principle,
and various activities are considered unethical due to their harmful consequences. In this
essay, we will explore some of the activities that violate this principle and discuss their
ethical implications.
3. What do you mean by Financial System? What are the main components of a
financial system?
Ans 3.
Introduction
The financial system is a vital pillar of any economy, playing a crucial role in channeling
funds from savers to borrowers and facilitating economic growth. It encompasses a complex
web of institutions, markets, and intermediaries, all working together to ensure the efficient
allocation of resources. This essay delves into the concept of the financial system and
explores its main components.
Definition of Financial System
The financial system refers to the framework of institutions, markets, and instruments that
facilitate the transfer of funds between savers, who have surplus funds, and borrowers, who
Assignment Set – 2
4. How does foreign direct investment help in the acceleration of economy? How is FDI
channelized in India?
Ans 4.
Foreign Direct Investment (FDI) plays a crucial role in accelerating the economy of a country
by fostering economic growth, technological advancement, and employment generation. In
the case of India, FDI has become increasingly important in recent years. This essay will
discuss how FDI contributes to the acceleration of the economy and the channels through
which it is channeled in India.
FDI is a form of investment where a foreign entity directly invests in a country’s businesses,
infrastructure, or assets, typically in the form of equity or other forms of ownership. Here are
5. In what ways does the public sector help the government and the country?
Ans 5.
The public sector plays a crucial role in supporting the government and contributing to the
overall development and well-being of a country. It serves as a key driver of economic
growth, social welfare, and infrastructure development. In this essay, we will explore the
various ways in which the public sector helps the government and the country.
Economic Stability: The public sector often acts as a stabilizing force in the economy. It can
intervene during economic crises to prevent severe downturns and provide stability. For
instance, it can engage in fiscal and monetary policies to control inflation, maintain price
6. Brief about the corporate social responsibility of business houses towards probable
customers and human resource with suitable example.
Ans 6.
Corporate Social Responsibility (CSR) refers to the ethical and responsible conduct of
businesses towards society and the environment, beyond their primary goal of profit
maximization. In the context of probable customers and human resources, businesses have
certain responsibilities. Here is a brief explanation along with suitable examples:
Responsibility towards Probable Customers (2 Marks):
Businesses have a responsibility to ensure that their products or services meet the ethical and
safety standards expected by probable customers. This includes providing accurate
information, ensuring product safety, and addressing the needs of diverse customer groups.
SESSION
AUG/SEPT 2023
PROGRAM
BACHELOR OF BUSINESS ADMINISTRATION
(BBA)
SEMESTER
I
COURSE CODE & NAME
DBB1104 – MARKETING MANAGEMENT
CREDITS
4
NUMBER OF ASSIGNMENTS
& MARKS
02
30 Marks each
Assignment Set – 1
1. List the strategies employed by marketers for decisions related to product mix.
Briefly explain the factors influencing the product mix decision of a firm.
Ans 1.
In the context of marketing management, the product mix refers to the assortment of products
or services offered by a firm. Marketers employ various strategies to make decisions related
to the product mix, and these strategies are influenced by several factors. Here are some of
the strategies and factors:
Strategies Employed by Marketers for Product Mix Decisions:
Product Line Expansion: Marketers may choose to expand their product line by
introducing new products or product variations. This strategy allows them to cater to a
wider range of customer needs and preferences.
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2. The societal marketing concept is considered as an extension to marketing concept.
How will you justify the context of statement? Discuss in detail with suitable exampl
Ans 2.
The societal marketing concept is indeed an extension of the traditional marketing concept.
While the traditional marketing concept primarily focuses on satisfying the needs and wants
of consumers to generate profits for the company, the societal marketing concept takes it a
step further. It considers not only the company’s profits but also the well-being of society and
the environment. Here’s a detailed discussion with suitable examples to justify this context:
Focus on Long-Term Benefits: The traditional marketing concept often emphasizes shortterm
profit
maximization. In
contrast, the
societal
marketing
concept
recognizes
that a
3. There are list of internal and external factors affecting pricing decisions. Interpret
the statement and elaborate in detail with suitable examples.
Ans 3.
The statement “There are a list of internal and external factors affecting pricing decisions”
refers to the various factors that an organization must consider when determining the price of
its products or services. Pricing decisions are critical in marketing strategy as they directly
impact a company’s revenue, profit margins, and overall competitiveness. These factors can
be categorized into internal factors, which are under the control of the company, and external
factors, which are influenced by external market conditions. Let’s elaborate on both internal
and external factors with suitable examples:
Assignment Set – 2
4. Define consumer behaviour. Describe in detail factors which determine consumer
behaviour.
Ans 4.
Consumer Behavior Definition
Consumer behavior refers to the study of how individuals, groups, and organizations select,
buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and
wants. It involves understanding the decision-making processes they undergo and the external
and internal factors that influence these processes.
Factors Determining Consumer Behavior
Cultural Factors:
Culture: The set of basic values, perceptions, and behaviors learned by a member of
society from family and other important institutions.
5. Define market segmentation. Describe the need for market segmentation.
Ans 5.
Definition of Market Segmentation:
Market segmentation refers to the practice of dividing a market into distinct subsets of
consumers with common needs or characteristics and selecting one or more segments to
target with a distinct marketing mix. These segments can be distinguished and grouped on
various bases such as demographic, geographic, psychographic, and behavioral factors. The
aim is to provide a more focused and tailored marketing approach that precisely caters to the
distinct needs and wants of a particular group of consumers.
6. Integrated marketing communication requires rigorous planning and detailing of
steps to develop strategy. Considering this statement, discuss the steps followed in
developing an integrated promotion mix.
Ans 6.
Developing an integrated promotion mix involves careful planning and coordination of
various marketing communication tools to ensure that a consistent and effective message is
delivered to the target audience. Here are the steps typically followed in developing an
integrated promotion mix:
Understand the Target Audience: The first step is to thoroughly understand the
characteristics, needs, preferences, and behaviors of the target audience. This information
will help in crafting messages that resonate with them.
SESSION
aug-sept 2023
PROGRAM
BACHELOR of Business administration
SEMESTER
I
course CODE & NAME
DBB1105– Computer Fundamentals
Set – 1
1. Illustrate the architecture of a computer system and explain the functions of various
units. 10
Ans 1.
Introduction
A computer system’s architecture is the blueprint that defines its structure and organization. It
encompasses various hardware and software components working together to execute tasks
and process information. Understanding this architecture is crucial to comprehend how
computers function. This explanation will delve into the key concepts of a computer’s
architecture, highlighting the functions of its various units and their interplay.
Concept
A computer system architecture consists of several essential units, each playing a specific
role in the execution of tasks and data processing. These units include:
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2. Explain the Volatile and Non-Volatile memory.
10
Ans 2.
Introduction:
Memory is a fundamental component of modern computing, serving as the repository for data
and instructions that enable the functioning of electronic devices. Two primary categories of
memory, volatile and non-volatile, play distinct roles in this ecosystem. Volatile memory is
characterized by its temporary nature, storing data only as long as power is supplied, while
non-volatile memory retains data even when power is disconnected. This distinction is
critical in determining how data is stored, accessed, and utilized in a variety of electronic
devices, from computers and smartphones to embedded systems and IoT devices.
3. What is the difference between Input and Output Devices? 10
Ans 3.
Introduction
Input and output devices are essential components of computer systems that play distinct
roles in the communication between humans and machines. Input devices are responsible for
collecting data and user commands and transmitting them to the computer, while output
devices convey processed information from the computer to the user. Understanding the
differences between these two types of devices is fundamental to comprehend how computers
interact with their users effectively.
Concept
Input and output devices serve as critical intermediaries between humans and computers.
Set – 2
1. Briefly explain the software development process. 10
Ans 1.
Introduction
The software development process is a systematic approach to creating software applications,
encompassing various stages from conception to deployment. It is a crucial aspect of modern
technology-driven industries, ensuring the delivery of functional and reliable software
products. This process involves careful planning, design, coding, testing, and maintenance,
with the ultimate goal of meeting user requirements and solving specific problems. In this
brief overview, we will delve deeper into the concept of software development, exploring its
core stages and methodologies before concluding with its importance in our digital world.
2. Explain different stages in Software Testing. 10
Ans 2.
Introduction
Software testing is a critical phase in the software development life cycle that ensures the
quality and reliability of a software product. It involves systematically evaluating a software
application to identify defects, bugs, or issues that may affect its performance or
functionality. The testing process is divided into several stages, each with its specific
objectives and activities. These stages collectively contribute to delivering a robust and errorfree
software
product
to
end-users.
In
this
discussion,
we
will
delve
into
the
different
stages

of software
testing, shedding light on
their
significance and
methodologies.
3. Describe the various Computer Generations 10
Ans 3.
Introduction:
Computer generations refer to the different stages of development in computer technology,
each characterized by distinct advancements in hardware, software, and computing
capabilities. These generations have paved the way for the modern digital age, evolving from
massive, room-sized machines to portable devices with immense processing power. In this
discussion, we will delve into the concept of computer generations, exploring the key
developments and innovations that have defined each generation and their impact on society.
SESSION
AUG/SEP 2023
PROGRAM
MASTER OF BUSINESS ADMINISTRATION
(MBA)
SEMESTER
I
COURSE CODE & NAME
DMBA101 – MANAGEMENT PROCESS AND
ORGANISATIONAL BEHAVIOUR
Assignment Set – 1
1. Explain the concept of Planning along with various types of Planning.
3+7
Ans 1.
Planning is a fundamental management function that involves setting goals and determining
the best way to achieve them. It is a systematic and organized process that helps
organizations anticipate future challenges, make informed decisions, allocate resources
efficiently, and achieve their objectives. Here, I will explain the concept of planning and
various types of planning:
Concept of Planning: Planning is the process of defining goals and objectives and
developing strategies and action plans to achieve them. It involves a systematic approach to
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2. Define Organizing while having light on the importance of the concept. 3+7
Ans 2.
Organizing is a fundamental concept in various aspects of life, including business, personal
life, and even in the context of organizing information and data. It refers to the process of
arranging, structuring, and categorizing elements, resources, or information in a systematic
and orderly manner to achieve specific objectives efficiently and effectively. Here, I will shed
light on the importance of organizing:
1.Efficiency: Organizing helps streamline tasks and activities. By arranging things in a
logical order, you reduce wasted time and effort. In a business setting, efficient
organization can lead to cost savings, increased productivity, and quicker decision-

3. Define Controlling along with prerequisites of Effective Control. 3+7 10
Ans 3.
Controlling is one of the key functions of management that involves monitoring and
regulating various organizational activities to ensure that they are in line with the
predetermined goals and objectives. It is the process of comparing actual performance against
predetermined standards or benchmarks and taking corrective actions when necessary to
ensure that the organization is on the right track.
Prerequisites of Effective Control:
1. Establishment of Standards: The first prerequisite of effective control is the
establishment of clear and specific standards or benchmarks against which performance can
Assignment Set – 2
4. Discuss the concept of Motivation. Explain Maslow’s hierarchy of needs theory. 2+8
Ans 4.
Motivation: Concept and Overview
Motivation can be defined as the inner drive or force that propels individuals toward the
achievement of a goal. It is what stimulates and directs behavior, providing a reason to act in
a particular manner. Originating from the Latin word ‘movere’, which means ‘to move’,
motivation is the combination of cognitive, social, emotional, and biological factors that
activate and sustain certain behaviors. Everyone possesses some form of motivation, which
5. Discuss the concept of ‘Team’. Also discuss seventeen characteristics of an Effective
Team. 2+8
Ans 5.
Concept of ‘Team’
A team can be understood as a cohesive group of individuals who come together to achieve a
shared goal or purpose. In organizational contexts, teams often consist of people with
different skills and expertise that complement each other. Unlike mere groupings of
individuals, a team operates synergistically, with the output of the collective often being
greater than the sum of individual efforts. The foundational idea behind a team is
collaboration: by working together, members can achieve more than they would individually,
leveraging each other’s strengths and compensating for any weaknesses.
6. Detail the concept of Leadership. Discuss Trait theory of Leadership in detail. 3+7
Ans 6.
Leadership: A Detailed Concept
Leadership is a multifaceted concept that pertains to the ability to influence, guide, inspire,
and direct a group of individuals to achieve a common goal or objective. Leaders are often
viewed as visionaries, motivators, and decision-makers who can create an environment
conducive to success, be it in a corporate, political, social, or familial context. Effective
leadership entails the aptitude to craft a vision, communicate it persuasively, and guide others
SESSION
AUG/SEP 2023
PROGRAM
MASTERS OF BUSINESS ADMINISTRATION
(MBA)
SEMESTER
I
COURSE CODE & NAME
DMBA102–BUSINESS COMMUNICATION
SET – 1
1. Enlist the steps of delivering a successful oral presentation. Explain.10
Ans 1.
Steps of Delivering a Successful Oral Presentation and Their Explanation
1.Objective Identification: Before preparing any presentation, it’s crucial to understand the
objective. Ask yourself: What do I want the audience to take away from this? Your entire
presentation should be crafted around fulfilling this objective.
2.Audience Analysis: Recognize and understand your audience. Are they experts in the
field, novices, or a mixed group? This will dictate the depth, language, and type of
content you present. Tailoring your message to your audience ensures engagement and
comprehension.
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2. Explain the various types of Non-Verbal Communication while giving examples as
how you will use NV Communication when appearing for a job interview. 10
Ans 2.
Non-verbal communication plays a crucial role in human interaction, and it can significantly
impact the outcome of a job interview. Job interviews are not just about what you say; they
also involve how you convey your message through non-verbal cues. In this essay, we will
explore various types of non-verbal communication and provide examples of how they can be
effectively used during a job interview.
1.Facial Expressions: Facial expressions are one of the most powerful forms of nonverbal
communication. A smile can
convey warmth and
friendliness, while
a
3. Imagine that you are the sales representative of your organization and you are asked
to effectively demonstrate a newly launched product/service in front of a target
audience. Explain the communication process while including the relevance of context
and how the communication can go wrong even if a few elements are missed. 10
Ans 3.
The Communication Process in Product Demonstrations: The Relevance of Context and
Potential Pitfalls
When launching a new product or service, effective communication is paramount. As a sales
representative, you’re not just presenting a product; you are weaving a story, sharing a
solution, and influencing perceptions. The entire process involves multiple elements, and
missing even one of these can derail the success of the demonstration.
1.Sender (Sales Representative): As the initiator of the message, you are responsible
for encoding your ideas in a way the audience will understand. This involves knowing
SET – 2
1. What are different types of Reading? Explain. 5 x 2
Ans 1.
Reading is a fundamental skill that plays a crucial role in our lives. It is not a monolithic
activity but rather a multifaceted process that can take on various forms depending on the
purpose and context. Here, we will explore five different types of reading and provide a brief
explanation of each.
Recreational Reading: Recreational reading, also known as leisure reading or pleasure
reading, is perhaps the most common form of reading. It involves reading for enjoyment and
relaxation. This type of reading often includes novels, magazines, comics, and any material
2. Illustrate the different components of a Resume. Create an innovative resume of your
own using the components. 10
Ans 2.
An Insight into the Components of a Resume and Crafting an Innovative Example
Introduction:
A resume is a document that encapsulates an individual’s academic background, work
experience, and skills, serving as a personal advertisement to prospective employers. With
the increasing competition in the job market, crafting an impressive resume has become
paramount. By understanding the core components of a resume, one can strategically present
themselves in the most favorable light. This essay aims to delve into the critical elements of a
resume and provide an innovative example to illuminate these components.
3. What is the basic difference between Product Advertising and Corporate
Advertising? Explain the different types of Corporate Advertising. 3 + 7
Ans 3.
Difference between Product Advertising and Corporate Advertising:
Feature
Product Advertising
Corporate Advertising
Objective
Promotes a specific product or
service to drive sales.
Enhances the company’s overall image and
communicates its values, mission, and
vision.
SESSION
AUG/SEP 2023
PROGRAMME
MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER
I
COURSE CODE & NAME
DMBA103-STATISTICS FOR MANAGEMENT
SET 1
1 Define statistics. Explain various functions of statistics. Also discuss the key limitations of
statistics. 2+4+4
Ans 1.
Statistics for Management: Definition, Functions, and Limitations
1. Definition of Statistics: Statistics can be understood in two main contexts:
a) Singular Sense: In this context, ‘statistics’ refers to the science and art of collecting, presenting,
analyzing, and interpreting data in order to make informed decisions. It provides methods and
tools for dealing with variability, uncertainty, and making inferences about populations from
samples.
b) Plural Sense: When used in the plural, ‘statistics’ refer to numerical facts or data points
collected systematically. For instance, the GDP growth rate of a country, the average age of =
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2. Define Measurement Scales. Discuss Qualitative and Quantitative data in detail with
examples. 2+8
Ans 2.
Measurement Scales
Measurement scales refer to various types of categories into which data can be classified. These
scales are foundational in the field of statistics and research, as they dictate the type of statistical
technique that can be used to analyze the data. There are primarily four types of measurement
scales: nominal, ordinal, interval, and ratio.
1. Qualitative Data
Qualitative data, often termed as categorical data, deals with characteristics and descriptors that
can be observed but not measured. In other words, it’s about understanding an attribute rather
than counting it or measuring it with exactitude. Qualitative data can be divided based on the
3. Discuss the basic laws of Sampling theory. Define following Sampling techniques with
help of examples:
Stratified Sampling
Cluster Sampling
Multi-stage Sampling
4+6
Ans 3.
Laws of Sampling Theory
Sampling is a fundamental concept in statistics, which deals with the selection of a subset of
individuals from within a statistical population to estimate characteristics of the whole
population. There are basic laws of sampling theory that guide how sampling should be done to
ensure that the sample is representative of the entire population.
Law of Statistical Regularity: Even if the population is heterogeneous, if the sample is random
and sufficiently large, it will still be representative of the population. This law suggests that
random samples exhibit the same properties and characteristics as the population from which
they are drawn.
SET 2
1 Define Business Forecasting. Explain various methods of Business Forecasting. 10
Ans 1.
Business Forecasting Definition and Methods
Business Forecasting refers to the process of estimating or predicting future trends, demands, and
developments in a particular business or industry based on historical data, market analysis, and
relevant business insights. It aids businesses in making informed decisions, planning for the
future, managing resources effectively, and anticipating market changes.
Methods of Business Forecasting:
1. Judgmental or Qualitative Forecasting:
Expert Opinion: This method involves seeking the opinion of experts in the respective field to
predict future outcomes. Their insights, based on experience and expertise, can guide business
decisions.
2. What is Index number? Discuss the utility of Index numbers 5+5
Ans 2.
Index Number
An index number is a statistical tool that measures the relative change in a particular variable or
a group of related variables over time or different geographical locations. Typically, it quantifies
the changes in terms of percentages. Index numbers are often used to track economic indicators,
such as inflation, production, and the cost of living. The base year or location is given a value of
100, and subsequent values are calculated to represent the relative change from this base value.
Utility of Index Numbers:
1.Economic Analysis: Index numbers are extensively used to study economic trends and
formulate policies. For instance, the Consumer Price Index (CPI) provides insights into
3. Discuss various types of Estimators. Also explain the criteria of a good estimator. 5+5
Ans 3.
Various Types of Estimators
Estimators are statistical measures that give an approximation of a particular population
parameter based on the information available from a sample. There are several types of
estimators:
1.Point Estimator: This gives a single value as an estimate of the population parameter.
For instance, the sample mean (X̄) is a point estimator of the population mean (μ).
2.Interval Estimator: Instead of giving a single value, an interval estimator provides a
range of values as the estimate for the population parameter. A confidence interval is an
AUG/SEP 2023
SESSION
PROGRAM
MASTER OF BUSINESS ADMINISTRATION
(MBA)
SEMESTER
I
COURSE CODE & NAME
DMBA104- FINANCIAL AND MANAGEMENT
ACCOUNTING
Assignment Set – 1
1. Explain different types of accounting concepts in detail. 10
Ans 1.
Accounting Concepts
Accounting concepts are the foundational principles upon which the entire structure of
accounting is built. These concepts serve as a guide to accountants and financial professionals
in recording, reporting, and interpreting financial transactions. Understanding these principles
is essential for anyone involved in the financial world. Below, we delve into some of the key
accounting concepts and explain their significance.
Going Concern Concept: This concept assumes that a business entity will continue to
operate indefinitely. Unless there’s evidence to the contrary, it’s assumed that the company
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2. Write a detailed note on different types of subsidiary books and their importance in
recording accounting transactions. Also demonstrate specimen of any 2 types of
subsidiary books. 5+5
Ans 2.
SUBSIDIARY BOOKS IN ACCOUNTING
Subsidiary books, also known as daybooks or special journals, play a pivotal role in the
accounting process. These books allow businesses to record specific types of transactions in a
detailed manner, which ensures that the main ledger remains uncluttered and easy to
interpret. The use of subsidiary books expedites the accounting process and enhances its
accuracy. Below are the different types of subsidiary books and their significance in
recording accounting transactions.
3. For the following balances extracted from a trial balance, prepare a trading account.
10
Particulars
Amount in Rs.
Stock on 1-1-2022
70700
Returns inwards
3000
Returns outwards
3000
Purchases
102000
Debtors
56000
Creditors
45000
Carriage inwards
5000
Carriage outwards
4000
Import duty on materials received from abroad
6000
Clearing charges
7000
Rent of business shop
12000
Royalty paid to extract materials
10000
Fire insurance on stock
2000
Wages paid to workers
8000
Office salaries
10000
Cash discount
1000
Gas, electricity, and water
4000
Sales
250000
Ans 3.
Trading Account for the Year Ended 31-12-2022
A trading account gives a detailed summary of gross profit or loss of a business. To derive
the gross profit, it is essential to take into account direct incomes and direct expenses.
Direct Incomes:
Sales: The main income for any trading business. For the given period, sales amount
to Rs. 250,000.
Stock on 1-1-2022: The beginning inventory is considered in the trading account to
compute the cost of goods available for sale. This amount is Rs. 70,700.
Direct Expenses: These are the expenses directly linked to the production or procurement of
goods.
Assignment Set – 2
4. Following is the balance sheet for the period ending 31st March 2018 and 2019. If the
current year’s net loss is Rs.38,000, calculate the cash flow from operating activities.
MARCH
2018
31
st
2019
Short-term loan to employees
15,000
18,000
Creditors
30,000
8,000
Provision for doubtful debts
1,200
–
Bills payable
18,000
20,000
Stock in trade
15,000
13,000
Bills receivable
10,000
22,000
Prepaid expenses
800
600
Outstanding expenses
300
500
Ans 4.
Cash Flow from Operating Activities Calculation
The calculation of cash flow from operating activities is primarily based on the changes in
working capital items and the net profit or loss for the year. Using the indirect method, we
start with the net income (or net loss) and make adjustments for changes in current assets and
current liabilities.
Starting Point: Net Loss for the current year: Rs. 38,000
Adjustments for Changes in Current Assets and Liabilities:
1.Short-term loan to employees:
2018: Rs. 15,000
5. Define Marginal Costing. Discuss in detail the assumptions and limitations of
Marginal Costing. 2+8
Ans 5.
MARGINAL COSTING
Marginal costing, often referred to as direct, variable, or contribution costing, is a method of
costing in which only variable costs are charged to products, processes, or services, while
fixed costs are treated as period costs and written off during the period in which they are
incurred. The main focus is on the change in the total cost due to a change in one unit of
production. It helps managers in making decisions regarding production, pricing, and other
business strategies by focusing on the marginal or incremental costs and benefits.
6. Define budgetary control? Elaborate essential features of budgetary control. 10
Ans 6.
BUDGETARY CONTROL: DEFINITION AND ESSENTIAL FEATURES
Definition of Budgetary Control: Budgetary control is a system of managing costs through
preparation of budgets. It entails the process of preparing budgets for a specific period,
comparing the actual results with the budgeted figures, and taking corrective action if any
discrepancies exist. It serves as a vital tool for management in planning, coordinating, and
SESSION
AUG/SEP 2023
PROGRAM
MASTER OF BUSINESS ADMINISTRATION
(MBA)
SEMESTER
I
COURSE CODE & NAME
DMBA105 – MANAGERIAL ECONOMICS
Assignment Set – 1
1. What is Law of Demand? What are its exceptions? 2+8
Ans 1.
Law of Demand
The Law of Demand is a fundamental concept in economics that describes the inverse
relationship between the price of a good or service and the quantity demanded by consumers,
assuming other factors remain constant (ceteris paribus). Simply put, as the price of a good or
service increases, the quantity demanded for it tends to decrease, and conversely, as the price
of a good or service decreases, the quantity demanded for it tends to increase.
This behavior can be attributed to two primary effects:
1.Substitution Effect: When the price of a product rises, other similar products become
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2. Describe the features of various market structures. 10
Ans 2.
Features of Various Market Structures
Market structures provide a framework within which businesses operate, determine product
prices, and compete. They essentially describe the nature and level of competition between
firms in the same industry. There are several types of market structures, each with its own
distinct features and implications for the way businesses behave. Let’s delve into the primary
market structures: perfect competition, monopolistic competition, oligopoly, and monopoly.
1. Perfect Competition:
Many Sellers and Buyers: There are numerous sellers, each selling an identical product, and
many buyers. No single buyer or seller can influence the market price.
3. Explain the different types of cost with suitable example. 10
Ans 3.
Different Types of Cost with Suitable Examples
Cost is a fundamental concept in economics and business management. At its core, it
represents the amount spent to produce or purchase something. However, from a managerial
perspective, it is essential to understand the different classifications of costs, as they play a
crucial role in decision-making, budgeting, and price setting. Here, we delve into the various
types of costs and provide examples for better comprehension.
1. Fixed Costs: These are costs that do not vary with the level of production or sales. They
remain constant regardless of the volume of goods produced or sold. This means that even if
Assignment Set – 2
4. Outline the characteristics and causes of business cycle.
10
Ans 4.
CHARACTERISTICS OF BUSINESS CYCLES
Wave-Like Movements: Business cycles occur in waves, characterized by alternating
periods of expansion and contraction in economic activity. These are recurrent, but not
periodic, as they do not follow a fixed time pattern.
Phases: A complete business cycle comprises four phases – expansion or boom, peak,
contraction or recession, and trough. The expansion phase sees an upward trajectory of
economic activity until it reaches its peak. After the peak, the economic activity starts to
5. Summarize the different objectives of pricing policies.10
Ans 5.
Objectives of Pricing Policies
Pricing is a crucial component in the decision-making processes of firms. It not only affects a
company’s bottom line but also plays a vital role in positioning a product or service in the
market. The objectives behind pricing policies can vary based on the company’s goals, market
conditions, and the specific stage of the product life cycle. Here are the key objectives of
pricing policies:
Revenue Maximization: One of the primary objectives for many businesses is to maximize
revenue. By adjusting the price, a company aims to sell a quantity of the product that will
6. Define and discuss the importance of consumption function in detail.
2 +8
Ans 6.
Consumption Function: Definition and Importance
Definition of Consumption Function:
The consumption function, a central concept in Keynesian economics, relates the level of
aggregate consumption to the level of disposable income in an economy. It is mathematically
expressed as:
C=C0+c(Y−T)
Where:
C = Total consumption
SESSION
AUG/SEP 2023
PROGRAM
MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER
I
COURSE CODE & NAME DMBA106 – HUMAN RESOURCE MANAGEMENT
CREDITS
4
NUMBER
OF
02
30 Marks each
ASSIGNMENTS & MARKS
Assignment Set – 1
1. Briefly describe the different roles of HR professional in business. 10
Ans 1.
Roles of HR Professional in Business
The roles of Human Resource (HR) professionals have evolved significantly over the years.
They have transitioned from mere administrative functions to more strategic roles within the
organization. Here are the key roles that HR professionals play in the modern business
context:
Strategic Partner: HR professionals are actively involved in forming and executing
company strategies. They help the company align its human capital with its strategic
objectives, ensuring that the right talent is in place to achieve business goals.
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2. Discuss selection process outcomes and its effect in the selection of candidates. 10
Ans 2.
Selection Process Outcomes and Its Effect in the Selection of Candidates
The selection process is crucial to ensuring that the right individuals are chosen for the right
positions. The outcomes of a selection process are the results that come from evaluating
applicants against the criteria required for the job. These outcomes have a profound effect on
the selection of candidates in various ways:
1.Job-Applicant Fit: A primary outcome of the selection process is determining how
well an applicant’s skills, experience, and attributes align with the job’s requirements.
A successful selection process will accurately measure this fit, ensuring that the
candidate can effectively perform the job tasks.
3. What is succession planning? What are the benefits of having a formal Succession
Planning System in an organization? 3+7
Ans 3.
Succession Planning
Succession planning is a strategic process wherein organizations identify and develop
potential leaders to fill key business leadership positions in the future. It ensures that
employees are recruited and developed to fill each key role within the company. Succession
planning ensures that businesses continue to run smoothly after the company’s most vital
people move on to new opportunities, retire, or pass away.
Benefits of Having a Formal Succession Planning System in an Organization:
1.Ensures Business Continuity: One of the primary benefits of succession planning is
ensuring that the organization can continue its operations without disruption even
Assignment Set – 2
4. Describe competency mapping. Discuss the steps involved in competency mapping
with a result of job evaluation. 10
Ans 4.
Competency Mapping
Competency mapping is a process of identifying key competencies for a particular job role
and then using this information to develop job descriptions, performance evaluations, training
programs, and other HR processes. Competencies can be understood as a combination of
skills, knowledge, attitudes, and other attributes that contribute to job performance. Mapping
these competencies helps in understanding the exact requirements of a role, ensuring that the
right person is selected, trained, and assessed based on these identified competencies.
Steps Involved in Competency Mapping with a Result of Job Evaluation:
1.Job Analysis: Begin by thoroughly analyzing the job to understand its primary duties
5. Define wage and salary. What are the factors for effective wage administration? 3+7
Ans 5.
Wage and Salary: Definitions
1.Wage: Wages typically refer to the compensation paid to workers on an hourly basis
for the services they provide. It’s often associated with blue-collar workers, temporary
employees, or those who do not have salaried positions. The total amount a worker
receives is contingent on the number of hours they work.
2. Salary: Salary is a fixed regular payment, typically paid monthly or biweekly but
often expressed as an annual sum, made by an employer to an employee. It’s not
6. What is a workplace grievance, and why is it important for organizations to have a
structured grievance procedure in place? 5+5
Ans 6.
Workplace Grievance:
A workplace grievance is a formal complaint raised by an employee towards an employer
within the workplace. It can stem from any perceived injustice, violation, unfair treatment, or
dissatisfaction an employee might experience in the course of their employment. Grievances
can pertain to a variety of issues, including but not limited to:
Unfair treatment by supervisors or colleagues.