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Each Subject carry 2 solved questions.

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1.1 PRINCIPLES OF MANAGEMENT

1. ‘Management is the force which leads, guides and directs an organization in the accomplishment of pre-determined objectives’. Do you agree or disagree? Justify.

2. Management is regarded as an art by someone, science by others but in reality science should have many more. The truth seems to be somewhere in between. In the light of this statement, explain to exact nature of management.

3. ‘The job of the supervisor is many more difficult than that of higher level managers’. Examine the major responsibilities of a supervisor in an agro based Industry.

4. “A good leader is not necessarily a good manager”. Take one example from service industry as per your choice and compare the role of leaders and managers

1.2 FINANCIAL AND MANAGEMENT ACCOUNTING

1. Before extending credit, ascertaining and analyzing the credit worthiness of customers is an important and difficult task. Comment your views.

2. A branch or business segment that shows negative operating income should be shutdown. Do you agree or not? Justify your views for and against.

3. X is the owner of Cafe at Delhi University, is trying to decide whether to make pizza or buy them from a supplier Super Narula, in Delhi. X has come to you for advice. What factors would you tell him to consider in making his choice?

4. You are required to collect the balance sheets of your company or any other company for past three years and analyze the trends in working capital. What do these trends indicate?

1.3 MANAGERIAL ECONOMICS

1. Derive the short run industry supply curve with the help of cost curves of firm under perfect competition.

2. “Economies of scale may be either internal (or) external they may be technical, managerial, financial (or) risk – bearing” – Elucidate.

3. Narrate the impact of the ‘long run average cost’ on managerial decision making process.

4. Show with the help of indifference curves the ‘income effect’ and the ‘substitution effect’ of a change in the price of the commodity.

1.4 LEGAL ENVIRONMENT OF BUSINESS

1. "An agreement in restraint of trade is void". Examine this statement mentioning exemptions, if any.

2. "No one can pass a better title than he himself has" Discuss.

3. To what extent a wife can pledge her husband's credit when

a) She lives with him

b) She lives separately.

4. "The general meeting alone is the company's primary organ and the directors are merely the company's agents or servants at all time subservient to the general meeting. Comment.

1.5 ORGANISATIONAL BEHAVIOUR

1. While managing workforce, “Participation is an excellent method for identifying differences and resolving conflicts.” Do you agree or disagree? Illustrate with real life examples.

2. Many organizations begun to supplement their traditional pay systems with “Pay – for – Performance”. Of these plans, discuss the role of individual vs. group incentives.

3. “Give specific attentions in implementing employee empowerment” – Discuss its operationalization and implications for effective outcomes.

4. “Learning is involved in almost everything that everyone does”. Substantiate your views and indentify the applications of learning in positive and negative reinforcement’s strategy.

1.6 WRITTEN ANALYSIS AND COMMUNICATION

1. Business organization prefers written communication than oral communication. Do you agree? Choose and explain one real life situation as per your choice.

2. Narrate the gateways to effective interpersonal communication skills practiced in the modern organization. Illustrate with global examples.

3. Select an organization and discuss the significance of communication in improving quality of work life and increasing the level of motivation.

4. Examine the need and importance of Informal communication. Explore its good things and bad issues which should be applicable to the organizational context.

1.7 BUSINESS POLICY AND STRATEGIC MANAGEMENT

1. By assessing its competitor's position in the market, a firm can improve or formulate strategies to optimize its environmental opportunities. During the construction of the competitor's profile, what are the factors that are to be considered?

2. TCL had entered in too many joint ventures from its beginning to develop its business. Discuss the various characteristics that are to be taken into account while describing joint ventures. Also, discuss the motives behind joint ventures.

3. Strategy refers to the plans made and actions taken to enable an organization fulfill its intended strategy. Discuss the various characteristics of strategic decisions. Also, explain the various reasons, due to which the firms often fail to develop sound strategic management perspective.

4. Politics is a key aspect of strategy implementation because it enables managers to be proactive and to influence their environment rather than being manipulated and dominated by external events. In this context, what does Politics and Machiavellianism mean? Also explain the various political tactics applied to obtain results.

1.8 RESEARCH METHODOLOGY

1. Case study research is an existing situation as a means of creating and testing of hypothesis. Critically evaluate your view on this with a suitable example.

2. Develop a questionnaire (with 25 questions) for any problem of your choice which has any social relevance.

3. What do you understand by the Research proposal? Give the structure of Research proposal. Enumerate the criteria for evaluating the Research proposal.

4. Classify the methods of research. Give various ways of classifying methods of research. Differentiate between longitudinal and cross-sectional approach to educational research and illustrate your answer with examples.