DMBA101 – MANAGEMENT PROCESS AND ORGANISATIONAL BEHAVIOUR - MANIPAL MBA Solved Assignments Latest

 

 

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SESSION	JULY/AUG 2021
PROGRAMME	MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER	I
COURSE CODE & NAME	DMBA101 – MANAGEMENT PROCESS AND ORGANISATIONAL BEHAVIOUR
CREDITS	4
NUMBER OF ASSIGNMENTS  & MARKS	02 30 Marks each

 

Note:

•        There will be two sets of assignments for every course, and you must answer all  questions in both sets. Average of both assignments’ marks scored by you will be  considered as Internal Assessment Marks.

•        Answers for 10 marks questions should be approximately of 400-500 words.

 

 

Set – I

Questions

 

1. Define the term ‘managerial economics’. Explain significance of the study of  managerial economics. 2+8 10

Answer : Managerial economics refers to the management of business using economic theories, tools, and concepts. It is simply the amalgamation of management principles and economic theories for better problem solving and decision making. It is a branch of economics that applies economic theories for analysis, assumption, and prediction of business conditions.

 

Managerial economics bridges the gap between economics in theory and economics in practice. It assists the managers in logically solving

 

 

 

 

2. Define production function. State types and functions of production function. 2+4 +4 10

 

Answer : What is Production Function?

Meaning of Production Function: – Production function is the equation that expresses the relationship between the quantities of productive factors (such as labour and capital) used and the amount of product obtained. It states the amount of product that can be obtained from every combination of factors, assuming that the most efficient available methods of production are used.

 

What are the features of Production Function?

The main features of production function are as follows: –

1.       Substitutability: – Thus the quantity of any output can vary with changes in the quantity of even one input while keeping other factors

 

 

 

3. Explain different types of cost.

Answer : It is a commonly accepted fact that physical inputs or resources are important for enhancing production. We, however, tend to miss out on the financial aspect of this rule. Some of the most important decisions pertaining to business often relate to the cost of production, instead of physical resources themselves. Hence, it is important for producers to understand cost analysis.

While computing the total cost of production, there are several types of costs that an organisation needs to consider apart from those involved in the procurement of raw material, labour and capital.

 

Different circumstances give way to different types of costs. For effective decision making, it is essential to distinguish between and interpret the

 

 

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Set – II

Questions

 

4. Explain causes of inflation in detail. 10 10

Answer : Inflation has many causes, but they mainly break down into two camps: demand-pull and cost-push. Demand-pull happens when an increase in the demand for goods and services leads producers to raise prices to maximize profits. Cost-push occurs when producers raise prices because their costs have gone up. Over time, inflation can significantly impact your cost of living, and it affects everyone from ordinary people to businesses and the stock market.

What Inflation Is

 

 

 

5. Explain different objectives of pricing policies. 10 10

Answer : A pricing policy is a standing answer to recurring question. A systematic approach to pricing requires the decision that an individual pricing situation be generalised and codified into a policy cover­age of all the principal pricing problems. Policies can and should be tailored to various competitive situations. A policy approach which is becoming normal for sales activities is comparatively rare in pricing.

(i)                 Achieving a Target Return on Investments:

 

 

 

 

6. Define monetary policy. State the objectives of monetary policy in developing

countries. 2 +8 1

Answer : Monetary policy is an economic policy that manages the size and growth rate of the money supply in an economy. It is a powerful tool to regulate macroeconomic variables such as inflation and unemployment.

 

These policies are implemented through different tools, including the adjustment of the interest rates, purchase or sale of government securities, and changing the amount of cash circulating in the economy. The central bank or a similar regulatory organization is responsible for formulating these policies.

 

 

 

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