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    Production Management --

    1) Define Methods study and demonstrate the steps in method study by meansof an illustrative example. Also explain the 5 primary questions asked inmethod study with objective for each question? (2002,2003,2004,2009)

    2) Key difference between BPR and Kaizan? Short note on Kanban & Kaizan(2003, 2007-2009)

    3) Explain in brief how quality circles function and explain the structure ofQuality circles? (2004,2007,2009)

    4) Explain PDCA cycle (product life cycle) and how its is related to variousproductions systems? (2007,2009)

    5) Explain in brief any 5 of the 7 simple QC tools?Quality Control & Quality planning-SN

    Explain in brief how quality circles work in an organization? (2009, 2004,

    2007)

    6) What are the principles of plant layout? Draw a plant layout for a garmentmanufacturing company? (Draw & explain various types of Factory Layout)

    Explain the types of plant layouts with suitable examples? (2003, 2007-2009)

    7) What is value engineering? What are the types of values?You have been invited to speak to a group of 25 engineering trainees in a

    medium size organization on the topic-Value Engineering for about 20

    minutes only. You will carry some notes to help you guide through this talk.

    Prepare the note that you will carry with you? (2002-2009)

    8) Explain the difference between P & Q system of inventory management?Describe in brief importance of inventory control and explain various

    scientific techniques of Inventory control. (2009-2007)

    9) Discuss how TQM works. How will you use TQM to improve JBIMS?Explain any one TQM gurus approach to TQM (2003, 2004-2007)

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    10) Write Short Note On Ergonomics, QC Tools & Demings 14 Principles ofTQM

    11) Describe various production Systems & state at least 2 exampleswhere they are used. Show its relation with product life cycle.

    12) Explain in brief various factors to be considered for selecting a site fora sugar factory. Justify your selection.

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    Hi Everyone

    The scanned Question papers uploaded earlier has been

    analysed the various teams. The contributions are asfollows: -

    Subject TeamsManagerialEconomics

    Vidya MalgiPrachi DahibhavkarJaysree Samla

    Sarita GuptaProductionManagement

    Jiffy JohnySmruti KrishnanLeo Ferns

    FinancialManagement

    Vaishali Jambotkar

    Personnel Law &Management

    Natasha JoshiAkash Kotak

    MarketingManagement

    Bhavita BankarNamrata MIM

    These are only the theory questions. The numerical

    questions will be individually solved and uploaded later

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    Managerial Economics (2000 2009)

    1. Explain the concept of Ceteris Paribus. OR Short Note on Ceteris Paribus

    (2005,2009)

    2. With the help of examples, explain the use of the concepts of Price elasticity

    of demand and income elasticity of demand in business decisions. (2009)

    OR

    Define the term price elasticity of demand. Write note various methods of

    measuring price elasticity. Also explain how the concept of price elasticity is

    different from the concept of income elasticity. (2008)

    OR

    Define Price elasticity of demand and Income elasticity of demand (2007)

    ORWhat do you understand by price elasticity of demand? Write short notes-

    Income elasticity of demand(2003)

    ORDiscuss the concept of price elasticity of demand & income elasticity of

    demand (2002)

    3. Elaborate how the concept of Consumer Surplus is useful to a business

    manager in his decision making. (2009) (2001)

    4. What are the essential features of a perfectly competitive market? Illustrate a

    firm making a short- run loss. Why is this situation unlikely to persist in the

    long run? (2009)

    OR

    Perfectly competitive market in the short run allows even the less efficient to

    survive for some time. Discuss. (2009)

    OR

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    Which of the following industries would you say is close to being perfectly

    competitive market and why: Brewing and wine making, taxi driving, Airlines,

    copper mining, Potato Farming, Car Manufacturing (2007)

    5. Firms maximize profit where marginal cost equals marginal revenue(MC =

    MR).Using a diagram explain why this is the case. (2006,2007)

    6. Why are most cartel doomed to failure in the long run if they use their cartel

    power? (2009)

    OR

    Cartels are beneficial because they reduce uncertainty. Discuss (2006)

    7. Explain the nature and managerial uses of the Production Function (2009)

    OR

    Define Production Function (2005)

    OR

    What is production function (2002)

    OR

    Define Production Function & explain its uses in business (2000)

    8. Opportunity Cost(2009,2002,2001,2000)

    OR

    Opportunity Cost Principle (2003)

    OR

    Related Questions

    - What is opportunity cost of doing part time degree?(2000)

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    - What is opportunity cost of funds lying unutilized in the firm?(2000)

    - What is the opportunity cost of labor which is working 6 hours a day

    against 8 hours a day?(2000)

    9. Short Note: Business Cycle (2009,2005)

    OR

    Explain with help of any contemporary economic model the reasons for emergence

    of business cycle. (2008)

    OR

    Describe what Business cycle is. What are the economic explanations of the

    causes of business cycle? (2007)

    OR

    State and explain nature & scope of Business cycles and its utility to practicing

    manager.(2009,2001)

    Related Questions

    - Explain different phases of Business cycle. Is business cycle essentially

    monetary phenomenon? Why?(2002)

    - What is the prescription of J.M Keynes for smoothening business cycle?

    (2001)

    10.Short Note: Capital Budgeting (2009)

    OR

    Importance of Capital Budgeting

    Problem of Capital Budgeting. (2000)

    Related Questions:

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    - Evaluate Capital Budgeting with reference to risk and uncertainty

    - Why is demand analysis essential for successful production planning and

    capital budgeting?

    11.Short Note: Profit Maximization (2005)

    OR

    Explain what is meant by the term profit maximization in economic theory and how

    it can be achieved. Explain why Profit gets maximized at the point where MR=MC?

    (2008)

    Related Questions:

    - Write brief note on alternative objectives of forms, besides the objective of

    profit maximization.(2008)

    - Besides profit Maximization business firms have other goals like sales

    maximization, growth maximization, managers utility maximization etc.

    Discuss.(2007)

    - In normal & formal economic theory we can often assume profit

    maximization. In reality, the firms do not maximize profit , in fact they

    cannot(2000)

    - What are the alternatives to the hypothesis of profit maximization? How

    far would it be correct to prefer satisficing as an alternative to profit

    maximization?(2000)

    12. J.M Keynes (British Economist)

    - What was the solution suggested by John Maynard Keynes to deal with the

    Great Depression of 1929?(2009)

    - What are the ideas of Keynes which can be utilized to tackle the Global

    Recession of 2008-2009?(2009)

    - In what region of Short Run Aggregate supply curve will Keynes

    Prescription work?

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    - What is the prescription of J.M Keynes for smoothening business cycle?

    (2007)

    13.Write brief note on degrees of Price discrimination. (2008)

    OR

    Price Discrimination- Short Note (2007,2006,2005)

    14. Oligopoly

    - Explain the relevant economic models of oligopoly, which explain the

    following 2 oligopoly market conditions:

    a) Emergence of price war and war for market share

    b) Price being sticky for some products in oligopoly market(2008)

    - Game theory and its application in oligopoly market.(2005)

    - Why is the behavior of firms in oligopoly difficult to predict?(2006)

    - Explain the nature and characteristics of oligopoly market structure. Give

    at least an example of oligopoly existing in any one industry in

    India(2006)

    - How is the price and output decision taken by a firm operating in an

    industry, which has a few large producers/sellers? (Oligopoly)(2003)

    15.

    - Monopoly (2006,2005)

    - Define monopoly. Discuss various methods to measure concentration of

    economic (2002)

    - Compare and contrast alternative methods of dealing with monopoly.

    (2007,2006)

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    - What are the various methods of dealing with Monopoly? (2007)- In what sense does monopoly lead to a misallocation of resources?

    (2009)

    - Price determination under monopoly. (2008)

    16.

    - With the help of examples, explain the use of the concepts of Price

    elasticity of demand and income elasticity of demand in business

    decisions(2009)

    - Define Price elasticity of demand and Income elasticity of demand(2007)

    - What do you understand by price elasticity of demand? Write short note

    on Income elasticity of demand (2003)

    - Discuss the concept of price elasticity of demand & income elasticity of

    demand(2002)

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    PERSONNEL LAW AND MANAGEMENT

    Questions on Acts

    Year Questions

    2009 What is a closure and a layoff? How is the mechanism to resolve a

    dispute under The Industrial Disputes Act 1947?

    2007 What is ID Act? Why is this Act crucial for the harmony between both

    the management and workmen. Explain the salient features.

    2006, 2004 How are the disputes settled under the Industrial Disputes Act?

    2009, 2004 Explain the Industrial Employment (Standing Orders) Act, 1946,

    and its applications.

    2007 Explain the main functions of Factory Act. Show the importance of

    this Act in todays context of modern factories.

    2006, 2004 What are the main features of Factory Act 1948?

    2006 Elaborate the main aspects under the Trade Unions Act, 1926.

    2006 What are the key features of the Employee Provident Fund andFamily Pension Fund Act 1952?

    2004 What is the purpose and objective of Workmens compensation Act

    1923? Under what circumstances is the workman entitled to claim

    the compensation from the Employer under the said act?

    2004 What do you understand by minimum wages? Explain the procedure

    for fixing minimum rates of wages under the Minimum wages act,

    1948

    2009, 2007 What are the objectives of the laws related to payment of

    wages, minimum wages, payment of bonus and payment of gratuity?

    2007, 2006 How to resolve a dispute? Explain the importance of standing

    orders.

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    2009 What and how does the law protect an employee in a factory

    having 1000 employees?

    2009 What steps does one have to take to ensure that the action we take

    against an employee is not void ab initio?

    2009 What are the causes of misconduct and describe the procedure

    to handle a grievance?

    2006 What are the steps or action you will take when a worker has

    committed a grievance offence?

    Short Notes:

    2009 Gratuity

    2007 PF Act and Gratuity Act

    2007 Minimum Wages Act

    2007, 2006 Layoffs

    2007 Workmens Compensation Act

    2007 Trade Union Act

    2004 Payment of Bonus Act, 1965

    2004 Deductions and Payments under the payment of Wages

    Act, 1936

    2004 Employment Exchange Act, 1959

    2009,2007,2006,2004 Strikes and lockouts

    2009 2006 2004 Apprentice

    2009 2007 2006 2004 Maternity Benefit

    2007, 2006 Voluntary Retirement

    2004 Registration of Trade Union

    2004 Disciplinary Action Procedure

    2009 Assessment Centre

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    2009 Broad Banding

    2009 Performance related pay

    2009 360 degree feedback

    2007 Salary and wage structure

    2007 Appraisals

    2007 Employee Morale

    2006 Strategy to attract talent at campuses

    2006 Compensation and Benefits

    2006 Morale and Attitude

    2006 Personnel challenges in the service sector

    2006 Absenteeism

    2009 Set off and set on

    2007 HRIS

    Personnel Management

    2009 What are the functions and outcomes of the personnel function andthe HRD function? How has it evolved and what are the current

    trends?

    *********************************************************************************

    2009 What is job description, job analysis, job satisfaction and explain a

    scientific method of job evaluation.

    *********************************************************************************

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    2009 Describe the principles and steps you will use in designing an

    induction program.

    2007, 2006 Explain the process of induction and orientation of newly

    joined employees in the organization of your choice.

    *********************************************************************************

    2009, 2006 How will u develop a strategy for recruitment across all levels

    in the organization?

    *********************************************************************************

    2009 How will you develop a scientific interviewing process for

    successful selection?

    *********************************************************************************

    2007 What is manpower planning? Discuss the various stages

    involved in manpower planning

    2007 What is manpower planning and discuss the various stages

    involved.

    *********************************************************************************

    2006 Man Management has evolved into a strategic business function as

    India gears up to be globally competitive. Examine.

    *********************************************************************************

    2006 Describe a scientific value to determine the worth and value of

    a person

    *********************************************************************************

    2006 What are the steps involved in devising a performance appraisal

    system for the top management of your organization?

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    2009 Describe a Performance Management and Review System

    across all levels in an organization.

    *********************************************************************************

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    Marketing Management

    2006

    2007

    2008

    2009Y Steps involved in Strategic marketing planning

    Y Importance of good mission statementY Boston consultancy Group approach to business portfolio

    analysis for each type of SBUY Y Explain Process of new product development with

    IllustrationY Y

    YY Why would company segment a market?What factors to

    be considered for effective market segmentationY

    Y

    Y Significance of product branding as compared to umbrellabranding? Significance of packaging and labelling inmodern day marketing

    Y Y Y Explain five methods of advertisingY Take a detailed note of environmental aspects in

    marketing in India

    YWhat do you understand by Product? Explain in detailproduct classification and benefits of product line

    YY

    How does BCG matrix help in developing separatestrategies and assign appropriate funding.

    Y Y Analyze needs and trends in Macro environmentY Y Core concepts of Marketing

    Y Challenges in new product developmentY Micro environmentY Why is there increase in sales promotion

    Y Stages involved in development of new product

    Y

    Explain which factors are focused while analyzingmarketing environment

    Y Functions of distribution channelY What is new product? Why do new products fail Explain the Ms of advertising in detail

    Short Notes : Packaging

    y Branding & its Implications Micro Envionment Macro Environment

    y Pricingy Promotion

    Business Product Buying ProcessY Short note on RepositioningY Short note on Competitive advantage and core

    competence

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    RESEARCH METHODOLOGY - THEORY

    (2009)

    1 What is research design?

    (2005)

    2. Detail some basic research designs.

    (2004)

    1(a).

    What is research design?

    (2003)

    2(a).

    What is research design?

    (2004)

    5(a).

    Explain and illustrate the following Research designs (i) Two group simple randomized design.

    (ii) Completely randomized design (CR)(iii) Simple factorial design

    ************************************************************************************

    (2008) 2 You are a heading research activity for a Mens Magazine that is to belaunched shortly. The management of the magazine is interested in knowingthe preferences of the prospective readers of the magazine. Plan a researchdesign to conduct this research about the expectation from the magazineDiscuss the required aspect of the research design.

    (2006).

    5(a). What are the basic research design issues? Discuss them in details withexamples.

    ************************************************************************************

    (2003)

    2(b). Explain what you understand by exploratory research and experimental (causal)research.

    (2009)

    1(b) Explain what do you understand by exploratory research, descriptive research?

    (2004)

    1(b). Explain what you understand by -exploratory research, descriptive research andexperimental (causal) research.

    (2006)

    7(a). Explain the following.(a) Exploratory research (b) Case study method.

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    **********************************************************************************************

    (2009)

    1 What do you mean by sampling? Explain and distinguish systematic sampleand cluster sampling methods. If probability sampling is not possible what other

    sampling methods are used?(2008)

    3A. Discuss the sampling in research using examples. How is sample sizedetermined?

    (2006)

    7(b). How is the sample size determined?

    (2007)

    3. what do you mean by Sampling? Explain and Distinguish Systematic Samplingand Cluster Sampling methods. If probability sampling is not possible whatother sampling methods are used?

    (2006)

    5(b). Distinguish between probability and non probability sampling and explain theprobability sampling methods.

    (2006

    )

    7(c). The range of the responses the researcher is expecting is 1000-7000. She

    expects the 95% confidence level and the error allowed is 40. What should bethe sample size for the population mean?

    ************************************************************************************

    (2009)

    What are the issues that one must consider before starting the researchprocess? When is it appropriate to commence the research?

    (2007)

    2(a) What do you mean by Research? Briefly Describe the different steps involved inresearch process.

    (2005)

    1. What are the steps in the research process? Elaborate with an example.

    (2007)

    4(b) What are the issue that one must consider before starting the researchprocess? When is it appropriate to commence the research?

    ************************************************************************************

    (2007)

    2(b) What is the meaning of measurement in Research? Explain the measurementscales (i) Nominal and (ii) Ordinal with Suitable examples.

    (2009)

    1. Define:a. Nominal scale

    b. Ordinal scalec. Interval scaled. Ratio scale

    Scalogram or Guttmann scale

    (2008)

    3(b). Discuss the ranking and rating scales used in data collection.

    (2006)

    6(a). Discuss the use of any four rating scales with examples.

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    (2004)

    2(a). Develop a Like it and Semantic Different scale for measuring managementfaculty effectiveness at institutes as well as store loyally by consumers.Demonstrate by considering five variables.

    (2004)

    2(b). Define the appropriate unit of analysis and the sampling methods in each of thefollowing cases. Also indicate the approximate sample size. Give justification foryour answers.

    a) Local TV channel wants to determine households viewingpreferences.

    b) The Bombay Management Association wants to test theeffectiveness of its new membership drive.

    ************************************************************************************

    (2009)

    5A What are the types of variables? Explain with examples.

    (2005)

    6A. Discuss guidelines for selection of variables and Hypotheses

    (2005)

    6B. Explain the meaning of extraneous variables.

    (2006)

    4(a). What are the types of variables? Explain with examples

    ************************************************************************************

    (2009)

    5B What is hypothesis? Explain in detail different types of Hypothesis and testing ofHypothesis.

    (2006)

    4(b). What is hypothesis? Explain in details different types of hypothesis

    **************************************************************************************************

    (2006)

    3. Distinguish between data and information, explain the role of technology inbusiness research

    (2008)

    4(a) What is data? What are types of data? How are data collected?

    (2007)

    4(a). Explain different sources of collection of Primary and Secondary data. Explaintheir advantages and disadvantages. Your answer must contain the datacollection methods that can be used in various types of researches.

    (2005)

    4. Compare methods of data collection by Personal Interview (PI), TelephoneInterview (TI) & Mail Questionnaire (MQ).

    (2006)

    6(b). What are the methods of primary data collection? When and where their use isappropriate? Explain

    (2004 3. (a) What research purposes can secondary/data serve?

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    ) (b) What are the limitations of secondary research which areovercome by primary research?(c) Describe various secondary, data sources.(d) Secondary data search is complex and challenging Comment.

    (2004

    )

    2(b). Compare the survey and observational method of data collection.

    (2004)

    5(a). Communication based research may be conducted by Personal InterviewTelephone Interview or Mail surveys. What are the considerations in the choiceof these modes?

    (2003)

    3(b). Compare the survey and observational method of collection data

    (2006)

    9(a) What are the objectives of data analysis? Discuss the analysis for descriptivestudies

    **********************************************************************************************

    (2008)

    4(b) What is internal and external validity? What are the factors affecting validity?How the research design is selected depending upon the choice of the type ofvalidity?

    (2004)

    5(c). What is experimental validity? What are the threats to internal validity ofexperiments conducted in market research? Explain how you would control ofthe threats to internal validity.

    (2006)

    9(b) Explain the importance of validity and reliability in research

    ********************************************************************************************************

    (2008)

    5(a) What is research proposal? What are the content of research proposal? Why isit necessary to have research proposal in place? What issues are important inpresenting the research report?

    (2007)

    5(b). Write note on research proposal.

    ***************************************************************************************

    (2007)

    5(a). Describe, in brief, the layout of Research Report, covering all relevant points.

    (2005)

    7(iii). Report writing is more an art comment.

    (2005)

    7(iv). Describe the brief layout of a research Report covering all important aspects.

    (2004)

    5(b). A written report is the culmination of Research Project. Enumerate the essentialsteps to be followed.

    (2006)

    8(b) Briefly discuss the contents of the research report.

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    ***************************************************************************************

    (2005

    )

    3. What are the important considerations for questionnaire design?

    (2004)

    2A. Explain the different phases involved in operation of questionnaires Discussimportant issues related to each of these phase.

    (2003)

    3(a). State the points to be remembered while developing an effective Questionnaire.

    ***********************************************************************************************

    (2005)

    5. To identify a research problem it is necessary to observe a situation, collectpreliminary data, survey literature, understand contributory factors beforestating a research problem. Elaborate each of these stages.

    (2005

    )

    7(ii). It is through interpretation that researcher can expose the relations and

    process that underline his findings Comment.(2005)

    7(i). A researcher has to work as a judge and derive the truth and not as a pleadercomment

    (2004)

    4(a) Though Exploration can develop concepts more clearly, establish priorities,develop operational definition and improve the formal research design, yetexploratory research does not get the attention it deserves Comment

    ****************************************************************************************************

    (2004)

    1(c) What research design seems appropriate for each of the following studies: -(i). A manager notices the number of grievances is increasing and wishes to

    investigate this trend.

    (ii). A marketing manager wants to establish functional relationship betweenadvertising and sales.

    (2003)

    2(c). What research design seems appropriate for each of the following studies?(i) A manager notices the number of grievances functional is increasing and wishes toinvestigate this trend.(ii) A marketing manager wants to establish functional relationship between advertisingand sales.(iii) A personal manager wants to estimate the extent of job satisfaction in a company.

    *******************************************************************************************************

    (2006)

    1. What is business research? Explain in details the scope of research in businessmanagement with examples.

    (2003)

    1. Research as a process can help define research problems and provide information forDecision Making Detail the Research Process with examples.

    (2006)

    2. Discuss the steps in business process with example.

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    ************************************************************************************

    (2008)

    5(b) What are experimental designs? Discuss the types of experimental designs andexplain the difference between them.

    (2004)

    5(b) Explain when and why experiments are used in market research?

    ****************************************************************************************************

    (2002)

    30. The role of Ethics in Research is gaining in importance as that of ethics inbusiness Discuss.

    (2004)

    4(b) Write briefly about any three approaches adopted for Exploratory Investigation

    (2006)

    8(a) Specify the need for theoretical framework