MBA103 - Statistics for Management

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DRIVE	FALL 2017
PROGRAM	MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER	I
SUBJECT CODE & NAME	MBA103 - Statistics for Management
CREDITS	2, 4 CREDITS
MARKS	30

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Assignment Set -1

Question 1 Write Short notes on following methods of classification in Statistical Survey

i. One Way Classification.

ii. Two Way Classification

iii. Manifold Classification.

A One Way Classification.

Two Way Classification

Manifold Classification.

Answer: a. One-way classification – Classification done according to a single attributes or variable is known as one way classification.

Figure below depicts the number of students who has secured more than 60% in various sub-modules of statistics. This can be classified using one-way classification method.

Question 3 In a beauty contest, the ranks provided by three different judges to 10 competitors are given in following table. Find out which pair of judges are more associated in term of same pattern for ranking

Competitors	A	B	C	D	E	F	G	H	I	J
Judge 1	3	4	6	7	9	8	2	10	1	5
Judge 2	4	5	6	8	7	10	1	9	2	3
Judge 3	5	7	9	8	10	6	3	4	1	2

A Calculation of Rank Correlation

Interpretation

Answer: With a view to find out the Rank Correlation between all the 3 judges we will have to find the correlation between the following:

(i)         1st and 2nd judge

(ii)        1st and 3rd Judge

(iii)       2nd and 3rd judge.

Assignment Set -2

Question 1 Write short notes on

a. Type I and Type II error

b. Level of Significance

c. Null Hypothesis

d. Two–tailed Tests and One–tailed Tests

e. Test Statistics

a. Type I and Type II error

b. Level of Significance

c. Null Hypothesis

d. Two–tailed Tests and One–tailed Tests

e. Test Statistics

Answer: Type I error: Rejecting a true null hypothesis. The probability of a type I error is indicated by alpha (α).

Type II error: Not rejecting a false null hypothesis. The probability of a type II error is indicated by beta (β).

Level of significance: The smallest probability at which the null hypothesis would be rejected (type I error). Usually, if the significance level

Question 2 Marks of 10 students out of 150 is given below

60, 110, 120, 135,110, 96, 145, 55, 95 & 125

What is the average marks of a class, Calculate by direct & shortcut methods?

A Calculation by Direct method

Calculation by Short cut method

Answer: Direct method

Question 3. Production for last 7 years of XYZ ltd is given in following table

Year                                                 2009     2010     2011     2012     2013     2014               2015

Production(in Tons)                      8            12          13          17          25          22               30

Based on above data forecast the production for year 2016 & 2017.

A Fitting of straight line

Production for year 2016

Production for year 2017

Answer:  The trend line can be fitted by using the method of least squares for the given data.        

                                 

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MBA102 - Business Communication

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ASSIGNMENT

DRIVE	FALL 2017
PROGRAM	Master of Business Administration- MBA
SEMESTER	Semester 1
SUBJECT CODE & NAME	MBA102 - Business Communication
BK ID	B1622
CREDITS	4
MARKS	30

Note –The Assignment is divided into 2 sets. You have to answer all questions in both sets. Average score of both assignments scored by you will be considered as your IA score. Kindly note that answers for 10 marks questions should be approximately of 400 words.

SET 1

Question. 1. Define communication. What are the characteristics of communication?

Answer: When communication is referred in an organizational context, it is known as organizational communication. According to William Scott: ‘Administrative communication is a process which involves the transmission and accurate replication of ideas ensured by feedback for the purpose of eliciting actions which will accomplish organizational goals.‘

Characteristics of Communication

Based on the above definitions there are certain characteristics of communication. These are:

·       Communication involves at least two

·        

Question. 2. What are the five types of reading?

Answer: With the latest advancements in the fields of information technology reading large amount of information has become imperative and it is demanding more time and energy. There are mainly five times of reading styles that are ordinarily used while reading. These are discussed here briefly: –

(a) Labeling: Labeling helps a person to remember the context of a document, memorandum or letter. Here intention is not to go in detail into tacts. In labelling we survey the text in the following manner: we look at the title, section headings, and special print, illustrations, graphs and tables. Then we build up an idea ol what the text as a whole is about

(b) Skimming: Skimming means exploratory reading so as to have general view of a document. It is considered the most valuable reading tool of the busy office assistants as well as middle executives. Here one allows his/her eyes to wander across the page without regular fixation. The eyes move where they want to, trying to pick out important words.

Question. 3. Mention the advantages and disadvantages of intranet.

Answer: Advantages of Intranet

There are number of advantages of intranet discussed below

·       Intranets offering workforce productivity which can help user to find and observe information very fast. User may also use applications according to their roles and tasks. Through web browser a user can get access to entire contents of any website from anywhere or any time. Intranet also increase the ability of employee’s by performing their job confidently very fast, and accurately.

·       Intranet permits business companies to share out information to employees according to their need or requirements. Employees may also link to appropriate data at their expediency.

·       The best advantage offered by intranet is communications within an organization or business company, landscape or portrait.

·        

SET 2

Question. 1. Explain the wheel of communication. Who are the internal stake holders in an organization?

Answer: In wheel pattern, there is a leader at the center of all communication. All others are members that stand at the same level in structure.

Here, all members can communicate with the leader and vice versa. But, members cannot interact with each other. Sometimes, members do not even know of the existence of other members of the same group.

This, pattern is taken as the best pattern of communication for any organization as leader can have direct contact with all.

Communication problems are less and the method is quick. There is no distortion of information by other members of the group while passing

Question. 2. Define meeting. Explain types of meetings.

Answer: There are different types of meetings which are called on different occasions. The following is common types of meetings:

Types of Meetings

·       Formal meeting: When any meeting is arranged by following official formalities, rules and decorum then it is called formal meeting.

·       Informal meeting: When any meeting is arranged without maintaining official rules and regulation, it is called informal meeting. Such meeting can be called upon by giving short notice using informal media. This type of

·        

Question. 3. Explain the barriers to listening.

Answer: It is common, when listening to someone else speak, to be formulating a reply whilst the other person is still talking. However, this means that we are not really listening to all that is being said.

Even good listeners are often guilty of critically evaluating what is being said before fully understanding the message that the speaker is trying to communicate.  The result is that assumptions are made and conclusions reached about the speaker's meaning, that might be inaccurate.  This and other types of ineffective listening lead to misunderstandings and a breakdown in communication.

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MBA101– Management Process and Organizational Behaviour

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ASSIGNMENT

DRIVE	FALL 2017
PROGRAM	Master of Business Administration- MBA
SEMESTER	Semester 1
SUBJECT CODE & NAME	MBA101– Management Process and Organizational Behaviour
BK ID	B1621
CREDITS	2, 4
MARKS	30

Note –The Assignment is divided into 2 sets. You have to answer all questions in both sets. Average score of both assignments scored by you will be considered as your IA score. Kindly note that answers for 10 marks questions should be approximately of 400 words.

SET 1

Question. 1. Explain the Definition and Importance of ‘management’.

Answer: Management is very important for any organization without proper management you cannot achieve the required objectives. It is an important force which coordinate the individual efforts. Any how, it is a controlling force in case of business, country or even for a family. It can be defined in the following words :

Question. 2. Explain the steps involved in Planning process.

Discuss any 5 importance of Organizing.

Answer: Management planning is the process of looking at a company's goals and creating a plan. The basic step in the process is creating a road map to meet its goals.

Management planning is the process of assessing an organization's goals and creating a realistic, detailed plan of action for meeting those goals. The basic steps in the management planning process involve creating a road map that outlines each task the company must accomplish to meet its overall objectives. Much like writing a business plan, a management plan takes into consideration short- and long-term corporate strategies.

Establish Goals

Question. 3. Explain the following:

a) Definition of Leading.

Answer: 'Leading' comes from the metal-type era when typesetters inserted thin strips of lead (each one point thick) to increase the spacing between lines, for legibility or stylistic effects. Lines of normal text without leading are said to be set solid, and usually give a dense and dark appearance to the text block. Negative leading refers to less than normal spacing and is used to achieve dramatic visual impact in headlines, advertisements, posters, etc. In the desktop printing age, leading manipulation is achieved through pagemaking software such as Adobe PageMaker, Adobe InDesign, or Quark'Xpress.

b) Importance of Leading.

Answer: Leadership is an important function of management which helps to maximize efficiency and to achieve organizational goals. The following points justify the importance of leadership in a concern.

·       Initiates action- Leader is a person who starts the work by communicating the policies and plans to the subordinates from where the work actually starts.

·       Motivation- A leader proves to be playing an incentive role in the concern’s working. He motivates the employees with

SET 2

Question. 1. Define the term Controlling? What are the prerequisites of effective control?

Answer: Controlling can be defined as measuring and correcting of performance to achieve the organisational goals. According to Brech, “Controlling is a systematic exercise which is called as a process of checking actual performance against the standards or plans with a view to ensure adequate progress and also recording such experience as is gained as a contribution to possible future needs.

Question. 2. Explain the components and functions of attitude.

Answer: Do you believe that God exists? What's your opinion on politics? What are your favorite pizza toppings? These questions may be seemingly unrelated, but it's likely you have strong opinions about all three of these topics. Developing opinions and forming likes and dislikes about everything around us are part of our daily lives. These attitudes affect the way we live and the choices we make.

Attitudes can be defined as evaluations of ideas, events, objects, or people. Attitudes are generally positive or negative, but they can also be uncertain at times. For example, sometimes we have mixed feelings about a particular issue or person. Regardless, attitudes are an important topic of study for social psychologists because they

Question. 3. Define leadership. Write a brief note on ‘Contingency Theories of Leadership’.

Answer: Leadership is the art of motivating a group of people to act towards achieving a common goal. This definition of leadership captures the leadership essentials of inspiration and preparation. Effective leadership is based upon ideas but won't happen unless those ideas can be communicated to others in a way that engages them.

Contingency Theories of Leadership

Contingency theories suggest that there is no one

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BBA 504 - TAXATION MANAGEMENT

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ASSIGNMENT

DRIVE	FALL 2017
PROGRAM	BBA
SEMESTER	V
SUBJECT CODE & NAME	BBA 504 - TAXATION MANAGEMENT
BK ID	B1852
CREDITS	2
MARKS	30

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Question. 1. Write notes on :

a) Tax Treatment of Income.

Answer: Income Tax Treatment: The character of the income you receive is the same as it would be to the decedent if they were still alive. If the income would have been a capital gain to the decedent, it will also be a capital gain to the final recipient. The income must be reported by the person or entity who acquired, from the decedent, the right to receive the income, and must be reported on their tax return.

Examples:

Terry died. A $10,000 fee for advice

b) Capital Expenses vs. Revenue Expenses.

Answer: A capital expenditure is an amount spent to acquire or improve a long-term asset such as equipment or buildings. Usually the cost is recorded in an account classified as Property, Plant and Equipment. The cost (except for the cost of land) will then be charged to depreciation expense over the useful life of the asset.

Revenue expenditure is an amount that is expensed immediately—thereby being matched with revenues of the current accounting period. Routine repairs are revenue expenditures because they are charged directly to an account such as Repairs and Maintenance Expense. Even significant repairs that do not extend the life of the asset or do not improve the asset (the repairs merely return the asset back to its previous condition) are

c) Fringe Benefit Tax.

Answer: The fringe benefits tax (FBT) was the tax applied to most, although not all, fringe benefits in India. A new tax was imposed on employers by India's Finance Act 2005 from the financial year commencing April 1, 2005. The fringe benefit tax was temporarily suspended in the 2009 Union budget of India by the then Finance Minister Pranab Mukherjee.

The following items were covered:

Question. 2. A) Raj was born in Karachi on January 2,1947. He has been staying in USA since 1986.He comes to India on a visit of 200 days on October 10,2014. Determine the residential status of Mr Raj for the assessment year 2015-16.

Answer: There are normally two primary classifications – Resident & Non- Resident.

Again, Resident is divided into two sub-categories (secondary classification) – Ordinarily & Not-ordinarily Resident.

PRIMARY CONDITION: An Individual is said to be Resident in India, if he satisfies at least one of the basic condition:

B) Discuss the advantages of VAT over Sales tax.

Answer: A sales tax is charged as I understand when something is sold at retail. So if I am selling to another company for non retail no tax is charged.

Both of these taxes are subject to evasion, through perhaps offers for cash jobs or the 15% discount for cash (Or whatever the rate is in that country). However since a GST is tax which allows for deductions you have an incentive to keep receipts and documents so you can claim a deduction from your bill.

Question. 3. “Section 48 of the Income-tax Act, 1961 discusses the methods of computation of short term and long term capital gains”. Enumerate with examples.

Answer: When you buy and sell assets, the profit that you earn is called a Capital Gain. You are liable to pay a tax on profits earned, called Capital Gains Tax. There are two types of capital gains tax that apply on the sale of an asset, depending on the duration of time you’ve held the asset before selling it.

Short and Long term capital gains are

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