St. Joseph’s College of Commerce B.B.A. 2015 Accounting And Information Systems (Elective : Accounts) Question Paper PDF Download

 

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT. 2015
B.COM– V SEMESTER
ACC 505: ACCOUNTING AND INFORMATION SYSTEMS

(ELECTIVE : ACCOUNTS)

Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Differentiate between IS Vs IT with two differences with an example.
  2. EIS maintains the database of resources. Explain in brief?
  3. What are test of controls?
  4. How can black box been stated as by the auditors?
  5. Where can you host the websites? Give some of the names in industry where these services can be offered
  6. Name the components of EDI with the significance in exchanging the information?
  7. Define Cryptography with an example.
  8. Differentiate between DES and AES.
  9. Name some of the four voucher types in tally.
  10. Identify the shortcut key which can

–          Select a Purchase Voucher

–          Navigate between Accounting Reports

SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Explain in detail the typical applications where TPS can be of use in Management.
  12. What do you mean by Collaborative Commerce? Quote one example.
  13. How can CAAT benefit the organization when compared to the GAAS?
  14. Write about the EDI Business Cycle with an Industrial Example.
  15. Brief about the use of

–          Server Security

–          Message Privacy

–          Message Integrity

  16. Name three Important Techniques of Encryption which is of use.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                 
  17. Explain in detail about the ERP concept and the benefits what an organization gets by implementing ERP with an Example.
  18. What are the factors that can influence AIS and quote some of the sub-systems of AIS.
  19. Brief in detail about the conceptual framework and its significance in implementing E-Commerce.
  20. What are the Security Requirements needed to be in place which setting up an Ecommerce Website?
  21. a) Differentiate between cash flow and funds flow statement with respect to Tally ERP 9.0?

b) Write about the different types of vouchers in Tally and steps involved in creating Voucher?

 

SECTION – D
IV) Case Study                                                                                                              (1×15=15)                                                                                          
  22. Sudesh and Company, with four plants, sixteen assembly departments, eighteen cloth-cutting hi centers and more than 200 machine centers has installed an integrated information system. The operations are characterized by a nation-wide distribution network. The project moves through 38 branch offices and 312 authorized distributors all of which maintain some inventory. Authorized distributors generate 37 per cent of the orders but account for only 24 per cent of the sales. Most of the business is done through the branch offices. The product line is large; products are classified into 176 family groups, representing 12,000 finished goods.

Approximately 1,500 new items enter the product line annually and a similar number are discontinued. The 12,000 finished goods require 25,000 in components, of which 6,600 are carried in inventory and 18,400 are made to order. The integrated system has already paid substantial in dividends and refinements continue to increase the benefits. In the seventies, Sudesh and Co. was achieving a 60 per cent customer service level (i.e. 60 per cent of the orders were being delivered according to original customer request with no delays or adjusting of dates). The sales/ inventory ratio was a respectable 4.2 per cent. However, the production cost variance avenged 16.3 per cent. Clerical expenses ran up to 36 per cent of sales. This was not good enough in a highly competitive business. Since the primary asset a company has (in addition to high quality reliable products) is customer service, an improvement in customer service was given top priority.

Three areas of cost control were also given high priority. They were:

(i) Production costs, especially those associated with a nationwide disbursement of inventory, must be controlled within reasonable limits, relative to the needs of customer service. (ii) Distribution costs, especially those associated with a nationwide disbursement of inventory must be controlled within reasonable limits, relative to the needs of customer service, (iii) Clerical costs in a growing business must be contained and if possible, reduced.

A computerized integrated management information and control system was instituted. By the early eighties, performance in the following four areas of high priority greatly improved.

(i)                             (i) Customer Service: Up to 72 per cent of orders were now filled as requested, as against the earlier 60 per cent, showing substantial improvement.

(ii) Inventory Turnover: The sales/inventory ratio was 6.2, a 50 per cent increase over the previous performance. More improvement was expected. (iii) Production Cost Variant: This category had all but disappeared, being controlled with a 1 per cent tolerance. This was possible because timely and accurate information now was available when needed.(iv)Clerical Expense: The ratio of clerical expenses had dropped to 2.8 per cent, an unusual achievement in a rapidly grow-ing business that had to face increasing rates of clerical labour.

Of late, the company realized that they should enter into custom manufacturing, as its initial mass production techniques had pushed it into standardized products, long product life cycles. Rigid manufacturing emphasized efficiency and low cost, but not true customer satisfaction. Customers want quality, value and products specially tailored to their needs — at the lowest possible price. Custom-manufacturing uses state-of-the-an information technology to produce and deliver products and services designed to fit the specifications of individual customers. Companies can customize products in quantities as small as one with the same speed and low cost as mass production methods. In custom-manufacturing, software and computer networks are used to link the plant floor tightly with orders, design and purchasing to finely controlled production machines. The result is a dynamically responsive environment in which products can be turned out in greater variety and easily customized with no added cost for small production runs. Huge manufacturers can be as agile as small firms. Custom-manufacturing systems take information from the customer and apply it behind the scenes to control the flow of goods.

 

Questions:

 

a. Are you impressed with the improvement in customer service, inventory turnover, production cost variance and clerical expenses? Justify your answer.

b. How could custom-manufacturing change the way the company did its business?

c. Which activity areas was the focus of IS operational control, management control or strategic planning? Do you agree with the emphasis?

 

 

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St. Joseph’s College of Commerce B.B.A. 2015 Consumer Behaviour Question Paper PDF Download

 

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT.2015
B.B.M.– V SEMESTER
MKT 506: CONSUMER BEHAVIOUR
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Differentiate between the terms “Customer” and “Consumer”.
  2. Name the different roles that could be played by a consumer in the act of purchaseing of a product.
  3. Highlight the features of an ‘other oriented’ and ‘self-oriented’ cultural characteristic
  4. Name four types of sub-cultures that could exist in a society, which would affect buying behaviour.
  5. Name at least four factors which determine the social class of a person
  6. ‘Consumers do not just buy products or services.  Instead they buy motive satisfaction or solutions to problems’.  Mention the names of at least four motivational theories to explain this.
  7. Which theory on personality gives a lot of importance to the ego and super ego concept?  Which theory talks about cultural ‘archetypes’?
  8. What are ‘cues’?  How are they used by advertisers to affect consumer behaviour?
  9. What is meant by the diffusion process?
  10. Name four product factors and four human factors which could influence customer satisfaction.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. The type of products purchased and the consumption pattern of a young person with disposal income as compared to a retired person is quite different.  Explain with examples
  12. The principles of classical conditioning and cognitive learning is used in advertising.  Explain with examples how this is used in the context of

a)      Positive re-enforcement and

b)     Negative re-enforcement

  13. Enumerate the different types of reference groups that could have an influence on a customer who is in her/his early twenties
  14. How is VALS psychographic segmentation used as a marketing tool to explain consumer behaviour?
  15. Young people tend to be early adopters of technology driven products.  Explain the reason and highlight the features of the five categories of adopters in the diffusion process.

 

 

  16. “Marketers need to understand the perception, influence the learning and change the attitude of consumers”.  Explain with examples.

 

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. “Growth of consumerism has both positive and negative effects”. Explain, outline the steps taken by the Government of India to protect consumers.
  18.  “Demographic, technological, political and ethical issues have made sweeping changes in last century”.  In this context explain emerging trends in consumer behaviour.
  19. Describe the stages in the consumer decision making process.  Elaborate the factors that affect the amount of effort that goes into decision making. Give examples of the different types of decision making
  20. Explain some of the reasons why consumers may feel dissatisfied.  When a consumer is dissatisfied what could be his possible responses?  How does this influence marketers?
  21. The type of products that a customer will buy is influenced by the background of his cultural and social class.  His demographic and psychological characteristics also influence his buying behaviour.   In this context describe the impact of these factors on consumer buying behaviour.
 

SECTION – D

IV) Case Study                                                                                                              (1×15=15)                                                                                           
  22. FMCG Ongoing War

The major players involved in the ongoing war of the detergent industry are Hindustan Lever Ltd., Proctor and Gamble and Nirma.  Over the years, there has been a continuous tussle between HLL and P&G for the top slot and the top position has frequently changed hands with Nirma staying on the top of consumer rankings for lower end of the market segment.  Of late, there has been a full-fledged action by Nirma to jump into the premium section.

 

Today, Nirma is a professionally managed entity with substantially decentralized management with the sole aim of providing the best value for the consumers’ money Nirma is fast changing its image, among the customers as a synonym for quality by developing a phosphate free, environment friendly detergent.

 

Nirma has chosen to use its product portfolio to enhance the company’s image.  Accordingly, in January 1996, it introduced mid-priced version of its flagship economy detergent brand Nirma, called Super Nirma detergent powder (Rs.38.30 per kg), besides scaling the portfolio upwards, Nirma is also widening it.  The image revamp started one and half years ago when Nirma commissioned its advertising agency, FCB-ULKA to gauge, how the consumers perceived the company.  Much to their consternation research revealed that Nirma was perceived merely as a manufacturer of low cost products. The company had humbled the likes of HLL which was selling detergent at Rs.13 per kg., Nirma challenged it with an economy detergent priced at Rs.3.50 per kg.  Unfortunately for the company, consumer perceptions were still found to be heavily influenced by the coup Nirma pulled off in the detergent market more than a decade ago.

 

Although research indicated that consumers were ready to use any product offered under the Nirma brand name, they were unaware of the fact that Nirma was the No. 1 detergent brand in India.  Clearly the Unique Selling Proposition (USP) of low price began to after the corporate image of the company.  “Nirma’s strong presence in the lower end of the market went against the company’s image, to reach out to the higher end of the market.”

 

Due to the low price of its product, the common perception of the company was highly distorted.  Most people are still unaware that the company has a sales turnover of Rs.1,000 crore.  Ironically enough, despite graduation to the premium segment, price continues to be the primary weapon in the company’s arsenal.

 

Advertising has been an important ingredient of the Operation Face Lift at Nirma.  Just before it started rolling out products in the premium segment in late 1996, Nirma ran a corporate campaign beginning September to ease the perception bottleneck.  The campaign comprised of a three ad series in print and a 40 second TVC.  The ad objective was encapsulated in a tagline- Better products, Better value, Better limit.  The company spent Rs.27 crore in 1997 on promoting the new products and its new image.

 

Nirma, which has taken the multinational consumer product giant HLL headlong in the detergent market by its unique value for money proposition, became the undisputed leader in the detergent market with a share of over 43 percent in the early nineties.  But lately Nirma seems to be trapped in its own brand image.

 

Unlike most of the other FMCG companies, Nirma has not created any new brand.  Rather it has launched new products like soaps, shampoos and toothpaste under the same umbrella brand.  Though Nirma has saved the cost of new brand launch and promotion, this has resulted in a wrong consumer perception.  To an average consumer, Nirma still means a cheap detergent and they don’t associate it to any premium product.  But Nirma is trying to change the perception.

 

The brand ward has gained momentum of late with most of the companies furiously introducing new brands, most of them adopt new technology, spending steeply for advertising each brand.

 

Long after the Nirma phenomenon had finished being envied in marketing circles, few could foresee the technology wave that was headed towards Indian shores.  That year, the market was place at 1.3 million tonnes, growing at 5 per cent a year.  Rural penetration was the main game, and all action was at the lower end.  At the top end, Hindustan Lever’s Surf and Rin ruled unchallenged, though Godrej was a key player in the West.

 

The early stages of liberalization brought a player that shook Lever like none other could P & G.  It was more than a mere ripple in the pond.  In 1992, P&G launched Ariel, a compact detergent that forced Lever-flushed with technology inputs from its Anglo-Dutch parent to respond with Surf Ultra.  The two brands fought for the urbane housewife’s attention, even as Henkel, a German company, came in with Henko and other brands.

 

Since then the action has been riveting with both the main players pressing their R&D to develop economy.  The challenger moved swiftly, entering segments that had been Lever’s playing field for years.  Perhaps P&G’s biggest move came in 1994 when it launched Ariel Super Soaker, a high tech product developed to upgrade Nirma users at the low end.  Today, this product’s success is unparalleled.  Lever’s innovations have been no less, and Nirma is rushing to move upscale too.  Henkel has not got very far.

 

The market’s value has steeply gone up, the excise duties are down.  Urban opportunity may have expanding distribution too, still very much on the agenda of all detergent players.  Lever is issuing VSAT communications to keep its complex logistical operations in order.   Efficiency levels are higher than ever before.

 

India is the world’s second largest market for detergents, the USA being the largest, consuming some 3 million tonnes.  But the breadth of products available here is far more impressive.  Demographic and psychographic heterogeneity makes it all the more challenging to listen to consumers.  And that, in today’s market, is a strategic necessity.

 

Questions for Discussion:

 

  1. Outline the factors that affect Indian consumer behaviour while purchasing detergents.  Discuss in the light of market segmentation.
  2. How did Nirma become a victim of its own marketing strategy that it formulated against the multinational giants?
  3. Explore the marketing strategies that could be taken by Nirma to face the challenges of competition?

 

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St. Joseph’s College of Commerce B.B.A. 2015 Human Resource Development (Hr Elective) Question Paper PDF Download

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT. 2015
B.B.M. –V SEMESTER
HRM 506: HUMAN RESOURCE DEVELOPMENT (HR ELECTIVE)
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Give the meaning of QWL.
  2. “Teams add value to the organization”. Explain the benefits of having Teams.
  3. Give the meaning of TQM.
  4. Give your reasons for “Resistance to Change”.
  5. Define “ Emotional Intelligence”.
  6. “Change is inevitable and always for the good”. Comment.
  7. “Training is not always effective”. Give reasons.
  8. What do you mean by Quality Circles?
  9. Differentiate between Work Team and Work Group.
  10. Define HRD.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Explain Kurt Lewin’s model of change.
  12. Give the meaning of HRIS. Explain the steps in designing HRIS.
  13. Write a short note on, “Five dysfunctions of a Team”.
  14. Write a brief note on, “Sexual harassment at workplace”.
  15. Give the meaning and types of OJT.
  16. Explain Berne’s concept of the ego states.
 

SECTION – C

III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Explain the nature and scope of Human Resource Development.
  18. Define OD. Explain its Objectives. Also, explain the three stages of Organization Development.
  19. What is Management Development? Why is it required? Explain the modern approaches to Management Development.
  20. Explain the three Stages of  training need analysis, and explain the Kirkpatrick’s model of training evaluation.
  21. How do we measure the outcomes of our interactions? Explore the role of strokes in transactional analysis theory and explain the concept of the stroke economy.
 

 

 

 

SECTION – D

IV) Case Study                                                                                                              (1×15=15)                                                                                           
  22. Harsha and Franklin both of them are post graduates in management under different streams from same B-School. Both of them are close to each other from the college days itself and the same friendship is continuing in the organisation too as they are placed in the same company, Hy-tech technology solutions. Harsha placed in HR department as employee counselor and Franklin in finance department as key finance executive. As per the grade is concerned both are at same level but when responsibility is concerned Franklin is holding more responsibility being in core finance.

By nature Harsha is friendly in nature and ready to help the needy. Franklin is silent in nature ready to help if approached personally and always a bit egoistic in nature. They have successfully completed 4 years in the organization. And management is very much satisfied with both of them as they are equally talented and constant performers.

Harsha felt that now a days Franklin is not like as he used to be in past. She noticed some behavioral changes with him. During general conversations she feels that Franklin is taunting her that she is famous among the employees in the organisation in the other hand he is not even recognised by fellow employees.

One morning Mr. Mehta General Manager Hy-tech technology solutions shocked while going through the mail received from Franklin about his resignation. Mr. Mehta called Harsha immediately and discussed about the same as she is close to Franklin. By hearing the news Harsha got stunned and said that she do not know this before she also reveled her current experience with him. Mr. Mehta who do not want to loose both of them promised her that he will handle this and he won’t allow Franklin to resign.

In the afternoon Mr. Metha took Franklin to Canteen to make him comfortable after some general discussion he starts on the issue. Franklin, after some hesitations opened his thinking in front of Mr. Mehta. The problem of Franklin is 1) when he comes alone to canteen the people from other departments don’t even recognize him but if he is accompanied by Harsha he get well treated by others. 2) one day Both of them entered the company together the security in the gate wished them but the next day when he came alone the same security did not do so. 3) Even in meetings held in the office the points raised by Harsha will get more value so many a times he keeps silent in the meeting.

It happens to Franklin that he has to face such degradation in each day of work which totally disturbs him. Franklin also questioned that ”Harsha and myself have same qualification, from same institute, passed out in the same year both with first class. We have same number of experience in this organisation. More over the responsibilities with me are more valuable than that of Harsha. After all this things if I am been ignored or unrecognized by the fellow employees my ego does not allow me to continue here”.

By listening this statement Mr.Metha felt that it is not going to be very difficult to stop his resignation. Mr. Mehta explained Franklin the reasons for such partial behavior of the employees.

After listening to Mr. Mehta Franklin said sorry for his reaction and ready to take back his resignation. And he called Harsha and spoke with like before.

Questions:

a.      Find the reason that Mr. Mehta would have given to Franklin.

b.      According to you, who is having a better standing Harsha, or Franklin, and why?

 

 

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St. Joseph’s College of Commerce B.B.A. 2015 Advanced Financial Management (Finance Elective) Question Paper PDF Download

 

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT.2015
B.B.M. –V SEMESTER
FIN 506: ADVANCED FINANCIAL MANAGEMENT (FINANCE ELECTIVE)
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. What is Reverse bid?
  2. What motivates an M &A deal?
  3. Compute the value of equity share if the normal ROI is 10%, 14%, 16% from the following information-

  1. Profits/ Earnings to equity shareholders = Rs. 1, 74, 000
  2. No. of equity shares                                     = 20, 000
  4. Is it true that “Post- merger EPS will have an impact on the firm’s value? If so, then reason it out with a brief explanation.
  5. As a budding entrepreneur which form of Project Finance would you choose to finance your project? Give suitable reasons to support your choice.
  6. What is ROCE? Explain its importance. What do financiers derive from this?
  7. What is Free Cash Flow?
  8. Explain the concepts of Asset Strapping and Boot Strapping.
  9. YG Enterprises is expected to generate future profits of Rs. 50, 00, 000. What is the value of business if investments of this type are expected to give an annual return of 18%.
  10. What is Expected Value?
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Determine the risk adjusted net present value of the following projects:

Particulars Project X Project Y Project Z
Net Cash Outlays in Rs. 2, 10, 000 1, 20, 000 1, 00, 000
Project Life 5 years 5 years 5 years
Annual Cash Inflow in Rs. 70, 000 42, 000 30, 000
Coefficient of Variation 1.2 0.8 0.4

The company selects the risk-adjusted rate of discount on the basis of the coefficient of variation:

Coefficient of Variation Risk-Adjusted Rate of Return P.V.Factor 1to 5 years at Risk- Adjusted Rate of Discount
0.0 10% 3.791
0.4 12% 3.605
0.8 14% 3.433
1.2 16% 3.274
1.6 18% 3.127
2.0 22% 2.864
More than 2.0 25% 2.689
  12. The profits of Zoya Ltd for the year ending were Rs.60, 00, 000. After setting apart amounts for interest, taxation and other provisions, the net surplus available to the shareholders is estimated at Rs.15, 00, 000. Company’s capital base is 1, 00, 000 shares of Rs.100 each, Rs. 50 paid up per share and Rs.25, 000, 12% Cumulative preference shares of Rs. 100 each. Enquiries in the stock market revealed that shares of companies engaged in similar business and declaring dividend at 15% on equity shares are quoted at a premium of 10%. Find the value per share.
  13. Consider the data given the following table. The information shows the probability distribution of 5 possible outcomes of the project. Compute the Standard Deviation.

Year Likely Outcome in Rs. Probability
1 25, 000 0.15
2 36, 000 0.20
3 74, 000 0.15
4 92, 000 0.20
5 1, 00, 000 0.30
  14. Following are the Balance Sheet of Jai Ltd and Veer Ltd

Liabilities Jai Ltd in Lakhs Veer Ltd in Lakhs
Equity share capital of Rs.10 each 4 1.8
P/L a/c 3 0.8
Reserves 5 1
Debentures 3.5 Nil
Bills payable 0.5 0.4
Creditors 2 1
     
Assets Jai Ltd in Lakhs Veer Ltd in Lakhs
Investments 5 Nil
Fixed Assets 7 3
Current Assets 6 2

The Board of Directors of Jai Ltd approved to take over Veer Ltd. Find out the ratio of exchange of shares based on Book Values.

  15. Explain the contents of a Project Report.
  16. Write a detailed note on Decision Tree Analysis.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. The following information relating to Fortune India Ltd. having two divisions viz. Pharma Division and Fast Moving Consumer Goods Division. Paid up share capital of Fortune India Ltd. Is consisting of 3, 000 lakhs equity shares of Re.1 each. Fortune India Ltd. Decided to de-merge Pharma Division as Fortune Pharma Ltd.., w.e.f. 1.4.2015. Details of Fortune India Ltd..,as on 31.03.2015 and of Fortune Pharma Ltd.., as on 1.04.2015 are given below:

 

 

 

 

Particulars Fortune Pharma Ltd. (Rs.) Fortune India Ltd. (Rs.)
Outside Liabilities    
Secured Loans 400 lakh 3, 000 lakh
Unsecured Loans 2, 400 lakh 800 lakh
Current liabilities and provisions 1, 300 lakh 21, 200 lakh
Assets    
Fixed assets 7, 740 lakh 20, 400 lakh
Investments 7, 600 lakh 12, 300 lakh
Current assets 8, 800 lakh 30, 200 lakh
Loans and advances 900 lakh 7, 300 lakh
Deffered tax/ Misc Exps 60 lakh (200) lakh

Board of Directors of the company have decided to issue necessary equity shares of Fortune Pharma Ltd of Re.1 each, without any consideration to the shareholders of Fortune India Ltd. For that purpose following points are to be considered:

  1. Transfer of liabilities and assets at Book Value.
  2. Estimated profit for the year 2015-16 is Rs.11, 400 lakh for Fortune India Ltd. And Rs. 1, 470 lakh for Fortune Pharma Ltd.
  3. Estimated Market Price of Fortune Pharma Ltd.., is Rs. 24.50 per share.
  4. Average P/E Ratio of FMCG sector is 42 and Pharma sector is 25, which is to be expected for both the companies.

Calculate:

  1. The ratio in which shares of Fortune Pharma are to be issued to the shareholders of Fortune India Ltd.
  2. Expected Market Price of Fortune India Ltd.
  3. Book Value per share of both the companies immediately after demerger.
  18. (a) Write the assumptions, advantages and limitations of CAPM.

(b) A Ltd. Wants to acquire T Ltd.., and has offered a swap ratio of 1:2(0.5 shares for every one share of T Ltd.) Following information is provided:

Particulars A Ltd. T Ltd.
Profit after tax Rs. 18, 00, 000 Rs. 3, 60, 000
Equity shares outstanding (nos.) 6, 00, 000 1, 80, 000
EPS Rs.3 Rs.2
PE Ratio 10 times 7 times
Market Price per share Rs. 30 Rs. 14

Required:

i.                    The number of equity shares to be issued by A Ltd.., for acquisition of T Ltd.

ii.                  What is the EPS of A Ltd. After the acquisition?

iii.                Determine the equivalent earnings per share of T Ltd.

iv.                What is the expected market price per share of A Ltd. After the acquisition assuming its PE multiple remains unchanged?

v.                  Determine the market value of the merged firm.

  19. Explain the various sources of finance for a project.

 

  20. The following is the Balance Sheet of P Ltd. As on 31.03.2012

Liabilities Amount in Rs. Assets Amount in Rs.
Share capital

10,000 12% preference shares of Rs. 10 each fully paid

1, 00, 000 Sundry assets 5, 48, 000
30,000 equity shares of Rs. 10 3, 00, 000 Preliminary expenses 5, 000
Reserves 10,000 Discount of Debentures 2, 000
Debenture Redemption Fund 20, 000 P&L 35, 000
Depreciation Fund 15, 000    
10% Debentures 50, 000    
Creditors 95, 000    
Total 5, 90, 000   5, 90, 000

The debenture interest is due for 6 months and preference dividend is arrears for one year. Assuming assets are worth their book values. Show value per share if –

a)      Preference shares are preferential as to capital and arrears

b)      Preference shares are preferential as to capital only.

  21. A project with an initial outflow of Rs. 1, 00, 000 has a four year life and a 10% discount rate. The annuity cash flow is Rs.40, 000.

  1. Compute NPV
  2. Measure sensitivity of the project to size, cash flow, life and discount factor.
SECTION – D
IV) Case Study                                                                                                              (1×15=15)                                                                                          
  22. Reliable Industries Ltd. (RIL) is considering a takeover of Sunflower Industries Ltd. (SIL) The particulars of 2 companies are given below:

Particulars Reliable Industries Ltd. Sunflower Industries Ltd.
Earnings after tax Rs. 20, 00, 000 Rs. 10, 00, 000
Equity shares Outstanding 10, 00, 000 10, 00 ,000
Earnings per share 2 1
P E Ratio 10 times 5 times

Find the following:

i.                    What is the market value of each company before merger?

ii.                  Assume that the management of RIL estimates that the shareholders of SIL will accept an offer of one share of RIL for four shares of SIL. If there are no synergic effects. What is the market value of the post merger RIL? What is the new price per share? Are the shareholders of RIL better or worse off than they were before the merger?

iii.                Due to synergic effect, the management of RIL estimates that the earnings will increase by 20%. What is the new post merger EPS and Price per share? Will the shareholders be better off or worse off than before the merger?

 

 

 

 

St. Joseph’s College of Commerce B.B.A. 2015 V Sem Advanced Financial Accounting (Accounts Elective) Question Paper PDF Download

 

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT.2015
B.COM – V SEMESTER
ACC 506: ADVANCED FINANCIAL ACCOUNTING (ACCOUNTS ELECTIVE)
Duration: 3 Hours                                                                                       Max. Marks:100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                (10×2=20)
  1. Distinguish between Holding and Subsidiary Company.
  2. What is Price Level Accounting? What does it achieve which conventional accounting fails to achieve?
  3. Calculate EVA with the help of the following information of Hypothetical Limited:

NOPAT = Rs. 98 Lakhs

Capital Structure = Equity Capital Rs. 170 Lakhs; Reserves and Surplus Rs. 130 Lakhs and Debentures Rs. 400 Lakhs.

Cost of Equity = 17.5%

Income Tax Rate = 30%.

  4. Give the meaning of Brand Valuation.
  5. How are fictitious assets treated in the balance sheet of a subsidiary company?
  6. What is social accounting?
  7. State the four approaches to Price Level Accounting.
  8. H Ltd. purchased from S Ltd. goods of the value of Rs. 50,000 on which S Ltd. has charged a profit of 25% on cost and goods worth Rs. 20,000 remained unsold at the end of the financial year. Calculate the unrealized profit and how it will be treated in the Consolidated Balance Sheet?
  9. Explain the difference between Realized Holding Gain and Unrealized Holding Gain.
  10. Define Human Resource Accounting.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                             (4×5=20)
  11. From the following information, ascertain the cost of sales and closing inventory under Current Purchasing Power Method if the organization follows: (1) FIFO system and (2) LIFO system.

Particulars Historical Cost (Rs.) General Price Index
Inventory on 31.12.2014 80,000 100
Purchases during 2015 6,20,000 110 (average for 2015)
Inventory on 31.12.2015 1,00,000 115
  12. “The most valuable capital is that which is invested in human beings”—In

the light of this statement, bring out the main benefits of Human Resource Accounting.

  13. A summary of Balance Sheet of Birman Dublin Company is given below:

 

 

(Amount in Rs.)

Cash and Accounts Receivables 10,00,000 Current Debts 6,00,000
Plant & Equipment (net of depreciation) 17,00,000 Long Term Debts 10,00,000
    Owners’ Capital 11,00,000
Total Assets 27,00,000 Total Liabilities 27,00,000

Additional Information:

The current price index is 280. The Plant and Equipment and Long Term Debts were acquired when the price index was at 140.

You are required to revise the summary balance sheet in term of current rupees. How will you treat the monetary gain or loss, if any?

  14. “Discharge of social responsibilities by a business unit is not something opposed to earning profits”—In this context discuss the various responsibilities of business towards the society.
  15. From the data below, calculate the gearing adjustment required under Current Cost Accounting Method:

Particulars Opening (Rs. in 000’s) Closing (Rs. in 000’s)
Convertible Debentures 200 240
Bank Overdraft 120 160
Cash 20 60
Paid up Share Capital 300 400
Reserves 100 160

Additional Information: (in 000’s)

Cost of Sales Adjustment  = 40

Monetary Working Capital Adjustment = 30

Depreciation Adjustment = 10

Total = 80

  16. Discuss the advantages of Environmental Accounting.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                            (3×15=45)                                                                                                 
  17. Following are the liabilities and assets of H Ltd. and its subsidiary S Ltd. as at 31st March, 2015:

Liabilities H Ltd. S Ltd. Assets H Ltd. S Ltd.
Equity Shares Fully paid of Rs. 10 each 6,00,000 2,00,000 Machinery 3,90,000 1,35,000
General Reserve 3,40,000 80,000 Furniture 80,000 40,000
Surplus A/c 1,00,000 60,000 80% Shares in S Ltd. at Cost 3,40,000 —-
Creditors 70,000 35,000 Stock 1,80,000 1,20,000
      Debtors 50,000 30,000
      Cash at Bank 70,000 50,000
  11,10,000 3,75,000   11,10,000 3,75,000

 

Additional Information:

a. Surplus A/c of S Ltd. stood at Rs. 30,000 on 1st April, 2014 whereas General Reserve has remained unchanged since that date.

b. H Ltd. acquired 80% shares in S Ltd. on 1st October, 2014 for Rs. 3,40,000 as mentioned above.

c. Included in Debtors of S Ltd. is a sum of Rs. 10,000 due from H Ltd. for goods sold at a profit of 25% on cost price. Till 31st March, 2015 only one half of the goods had been sold while the remaining goods were lying in the godown of H Ltd. as on that date.

You are required to prepare Consolidated Balance Sheet as at 31st March, 2015. Show all calculations clearly.

  18. Following figures for a period were called out from the books of Value for Value Corporation:

Particulars Amount Particulars Amount
Sales 24,80,000 Advertisement 25,000
Purchase of Raw Materials 10,00,000 Salaries & Wages 6,30,000
Agent’s Commission 20,000 Postage & Telegrams 14,000
Consumable Stores 25,000 Contribution to Provident Fund 60,000
Packing Material 10,000 Director’s Sitting Fees & Travelling Expenses 40,000
Stationery 10,000 Subscriptions Paid 2,000
Audit Fees 4,000 Carriage 22,000
Staff Welfare Expenses 1,58,000 Interest to Loans taken 18,000
Insurance 26,000 Dividend to Shareholders 30,000
Rent, Rate & Taxes 16,000 Depreciation provided 55,000
Managing Director’s Remuneration 84,000 Income Tax provided 1,00,000
Travelling Expenses 21,000 Retained Earnings 1,25,000
Fuel & Oil 9,000 Opening Stock:

Raw-Materials

 

85,000

Electricity 5,000 Finished Goods 2,00,000
Materials used in Repairs:

Plant & Machinery

 

 

24,000

Closing Stock:

Raw Materials

 

1,08,000

Buildings 10,000 Finished Goods 2,40,000

From the above you are required to prepare a Statement detailing the Source and Disposal of Added Value. Does your statement verify the assertion of the Chairman of the Company in the Annual General Meeting that 75% of Added Value is accounted by Employees’ Costs?

 

  19. The Balance Sheet of a trader as on 1.4.2014 and Income Statement for the year ending 31st March, 2015 are given below:

 

 

 

Balance Sheet as on 1.4.2014

Liabilities Amount Assets Amount
Capital 20,00,000 Fixed Assets 17,00,000
Creditors 7,50,000 Closing Stock 3,00,000
    Debtors 2,50,000
    Cash 5,00,000
  27,50,000   27,50,000

Income Statement for the year ending 31st March, 2015 is below:

Particulars Amount Amount
Sales   50,00,000
Less:Cost of goods sold:

Opening Stock

 

3,00,000

 
Add: Purchases 35,50,000  
  38,50,000  
Less: Closing Stock 3,50,000 35,00,000
Gross Profit   15,00,000
Less: Operating Expenses 8,20,000  
Depreciation on Fixed Assets 2,45,000 10,65,000
Net Profit   4,35,000

Additional Information:

Debtors and Creditors balances remained constant throughout the year. The general price index was as follows:

On April 1, 2014  = 150

Average for the year = 160

On March 31, 2015 = 180

You are required to prepare the final accounts for the year ending 31st March, 2015 after adjusting for price level changes under Current Purchasing Power Method.

  20. (a) Write short notes on Approaches for Valuation of Human Resources:

– Historical Cost Approach

– Replacement Cost Approach

– Opportunity Cost Approach

– Standard Cost Approach                                                                  (8 marks)

 

(b) Explain in brief the various methods of measurement of social costs and benefits for accepting or rejecting a project.                                      (7 marks)

  21. Following are the Balance Sheets and Profit and Loss A/c of a firm prepared on the basis of Historical Cost Accounting.

Balance Sheet as on 1.4.2014

Liabilities Amount Assets Amount
Capital 10,00,000 Fixed Assets 10,00,000
Profit & Loss A/c 3,00,000 Inventory 4,00,000
Sundry Liabilities 5,00,000 Debtors 3,00,000
    Cash 1,00,000
  18,00,000   18,00,000

 

 

 

Balance Sheet as on 31.3.2015

Liabilities Amount Assets Amount
Capital 10,00,000 Fixed Assets

Less: Depreciation 10%

9,00,000
Profit & Loss A/c 3,00,000 Inventory 3,20,000
Sundry Liabilities 5,00,000 Debtors 4,00,000
    Cash 1,80,000
  18,00,000   18,00,000

Profit & Loss Account

For the year ending 31.3.2015

Particulars Amount Particulars Amount
To Inventory (1.4.2014) 4,00,000 By Sales 30,00,000
To Purchases 23,20,000  By Inventory 3,20,000
To Depreciation 1,00,000    
To Other Operating Expenses 3,00,000    
To Net Profit 2,00,000    
  33,20,000   33,20,000

Additional Information:

a. The current replacement cost of the goods sold on the dates sales were made amounting to Rs. 23,60,000.

b. On 1.4.2014, the replacement cost of the fixed assets was Rs. 12,00,000.

c. The current replacement cost of the inventory on 31.3.2015 is Rs. 3,50,000.

You are required to prepare Income Statement for the year ending 31st March, 2015 and Balance Sheet as on that date on the basis of Current Cost Accounting. Show all necessary calculations.

 

SECTION – D

IV) Case Study                                                                                                   (1×15=15)                                                                                          
  22. Liabilities and Assets of Finite Ltd. and Infinite Ltd. as on 31st March, 2015 are as follows:

Liabilities Finite Ltd. Infinite Ltd. Assets Finite Ltd. Infinite Ltd.
Share Capital – Shares of Rs. 10 each 5,00,000 1,00,000 Assets 5,00,000 1,70,000
Reserves 80,000 30,000 8,000 shares in Infinite Ltd. 1,40,000
Surplus A/c 60,000 40,000      
  6,40,000 1,70,000   6,40,000 1,70,000

Additional Information:

Infinite Ltd. had a credit balance of Rs. 30,000 in the Reserves when Finite Ltd. acquired shares in Infinite Ltd.  Infinite Ltd. decided to make a bonus issue out of post-acquisition profits of two shares of Rs. 10 each fully paid for every five shares held. Calculate the cost of control before the issue of bonus shares and after the issue of bonus shares. Also prepare the Consolidated Balance Sheet after the issue of bonus shares.

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St. Joseph’s College of Commerce 2015 Fundamentals And Applications Of E-Commerce Question Paper PDF Download

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT.2015
BBM – III Sem
m1 14 303: FUNDAMENTALS AND APPLICATIONS OF E-COMMERCE
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Introduce ecommerce with the help of any 4 examples.
  2. Explain B to B to C type of ecommerce, with one example.
  3. What is Integrated Marketing?
  4. Explain electronic white pages.
  5. What is Agile manufacturing?
  6. Mention the main components of EDI architecture
  7. Mention any two reasons for Remote servicing procurement.
  8. Describe online publishing.
  9. What is internal commerce?
  10. What is meant by Virtual Enterprise.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Explain the technical and non-technical limitations of ecommerce.
  12. National Association for Securities Dealers Automated Quotation was the world’s first electronic stock market, with regard to this elaborate the journey of NASDAQ.
  13. A new study indicates that by 2016 online spending may increase by more than 60%.  Elaborate the bright future forecasted for ecommerce.
  14. What is interactive product catalog, mention its merits.
  15. Briefly analyze integrated logistics.
  16. ICT plays a vital role in E-Agriculture, true or false? Justify.
 

SECTION – C

III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Write short notes on :

a) Product and service digitization

b) Information Search & retrieval

c)  Broker based service.

  18. What is information filtering?  Explain the different types of information filtering.
  19. Elucidate today’s Etailing environment and the vision for electronic retailing Industry.
  20. In the ecommerce industry how do the companies schedule fulfill and deliver orders received.
  21. What is Electronic Data Interchange (EDI)? Explain its architecture.
 

 

 

SECTION – D

IV) Case Study                                                                                                              (1×15=15)                                                                                          
  22.  Tourist arrivals: eTV

 

The number of tourists availing of electronic tourist visa (eTV) from Japan, New Zealand, Singapore, the Philippines and Indonesia could tell a story the government might have missed. These countries were among the 12 moved from a visa-on-arrival (VoA) platform (which enabled tourists to land in India without any prior paperwork) to eTVs (for which a tourist has to complete the paperwork in his home country but which helps in grant of tourist visa within 96 hours).

Data on tourists from these countries show after the e-visa facility was extended, the number of arrivals has dropped for four of the five countries named. While the number of tourists from Japan, New Zealand, the Philippines and Indonesia during December 2014 to April 2015 declined, compared to the previous period (when visa on arrival was applicable), the number of tourists from Singapore has risen marginally. Under the VoA policy, these were among the countries accounting for a considerably large number of tourists to India, with healthy year-on-year growth.

Some countries with a lower base, such as Cambodia and Laos, have shown a decline in tourist numbers in December 2014-April 2015 (this coincided with a switch from visa-on-arrival to e-visa). However, Finland, Vietnam, Myanmar and Luxembourg, countries with a low base of tourists to India, have shown an increase after the visa was introduced.
But the tourism ministry maintains there’s been 1,000 per cent year-on-year growth in tourist numbers in three of the five months since introduction of the e-visa regime. The government data is based on a comparison between tourist arrivals from the 12 countries that had a visa-on-arrival system till November 2014 with those from 46 countries for which e-visa has been allowed subsequently. An expert said introduction of e-visas ‘hadn’t led to a boom in tourism, though government numbers suggested so’.

The eTV facility was introduced in India in November 2014 for 46 countries, now grown to 76 countries. Official data, suggesting a 1,000 per cent rise in tourist numbers, fallaciously compares the visa on arrival and e-tourist visa platforms. The confusion extends to nomenclature, too. E-tourist visas were earlier called Tourist Visa on Arrival enabled by Electronic Travel Authorisation; politicians and bureaucrats often termed these ‘tourist visa on arrival’. The confusion in the name led to deportations, too.

“There have been many instances in which people had to be deported because of the assumption of the new policy being the same as the VoA (visa on arrival) policy. A friend from New Zealand flew down after the VoA policy had been scrapped. As he was without the required paperwork, he was deported,” said Subhash Goyal, president, Indian Association of Tour Operators.

Since then, these visas were renamed e-tourist visas and the VoA facility was formally scrapped. India-bound flights had been instructed not to let people board without e-tourist visa validation, Goyal said.

According to documents reviewed by Business Standard, in the five months since the introduction of e-visas, about 32,000 tourists from the US alone visited India. Together, the 12 countries in the now-defunct VoA list sent about 19,000. In 2013, India recorded about seven million foreign tourist arrivals, with over a million from the US. The government’s 1,000 per cent increase in figures can be simply traced to the addition of countries with a history of higher tourist inflow to the eTV list.

“The e-tourist visa performs the role of a facilitator; it is not a means unto itself for increasing foreign tourist arrivals. Unless the country’s infrastructure and tourism is promoted to international standards, it will not amount to much. Since a large portion of the tourists from Japan were solo female travelers and female groups, Japan’s marked decline in particular could be attributed to the perception of India being unsafe,” said an analyst.

In the past five months, the top five countries in terms of tourist arrivals are the US, Germany, Russia, Australia and Ukraine. But documents reviewed by this newspaper show 14 per cent of those from the US who were granted e-visas to India have dropped their plans. Germany follows with 12 per cent; nine per cent of Russians decided against visiting India after e-visa approval.

“The new e-tourist visa policy encourages the impulse of travelling to India at a moment’s notice,” says Parvez Dewan, former tourism secretary, under whom the e-visa policy was formalised. Perhaps that is the only silver lining, as foreign tourist arrivals invariably translate into foreign exchange inflow.

 

  1. Has the introduction of eTV helped countries gain popularity?
  2. Critically analyze eTV and VoA.
  3. List any 5 tourism websites and the services they have to offer.
     

 

 

 

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St. Joseph’s College of Commerce B.B.A. 2015 Production And Operations Management Question Paper PDF Download

 

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT. 2015
B.B.M. –III SEMESTER
M1 11 306:PRODUCTION AND OPERATIONS MANAGEMENT
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. What is meant by material handling?
  2. Enumerate examples for Job, Batch, Mass and Flow Production shops.
  3. Reason out why an industrial location depends on cost and service location on revenue?
  4. What are Value Engineering and Value Analysis?
  5. Mention four goals and objectives of P&OMgmt.
  6. What is Automation?
  7. Are Contracting and Sub Contracting the same? Explain.
  8. What are the important elements of SQC?
  9. Explain the three ways of production.
  10. What do you understand by Industrial Sanitation?
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. What are the functions of Production Management?
  12. Mr. Sharma is Senior Production Officer in United Confectionary Ltd for the past five years. The department has not come across any issues since then. Explain how Mr. Sharma must be managing the relationship of production department with other functions/departments.
  13. List the benefits a Bio- chemicals company will enjoy if it shifts its base from a village in Karnataka to Bangalore Bio-Technology Park.
  14. Write a note on Quality Circles.
  15. Explain ABC ANALYSIS with relevant illustrations.
  16. Explain Production Planning and Control.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                 
  17. Heavy engineering companies consume maximum raw materials in their manufacturing process. Explain how and why purchasing is important to these companies. Also, throw light on the various purchasing policies in existence.
  18. Explain the types of production system?
  19. Any company has to make two crucial decisions while setting up a plant. One being the different types of plant layout and the other being various cost analysis methods on selection of a plant. Explain about these two areas in detail supporting your answer with suitable examples and diagrams.
  20. Write a detailed note on Vendor Rating.
  21. Explain the types of maintenance.
 

SECTION – D

IV) Case Study                                                                                                              (1×15=15)                                                                                          
  22. You have the opportunity to invest INR 100 billion for your company to develop a jet engine for commercial aircrafts. Development will span 5 years. The final product costing Rs. 500 million / unit could reach a sales potential, eventually of Rs. 2500 billion. The new engine can be placed in service 5 years from now, but only if it qualifies four years from now for various certifications clearing commercial use. Certification also has to be obtained from India’s Director General of Civil Aviation (DGCA). There is competition from other world-class manufacturers who are developing competing engines. If you decide to proceed with the project, you must also determine where the new engines will be produced and develop the manufacturing facilities. If you decline to proceed, your company could invest its resources elsewhere and based on its track record, get attractive returns.

 

a)      Explain your line of action if you decide to proceed with the project.

b)     Explain your line of action if you decide to invest in alternative projects.

c)       In case of lengthy product design and development time, what kinds of   risks are involved?

 

 

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St. Joseph’s College of Commerce B.B.A. 2015 Services Management Question Paper PDF Download

 

 

 

  1. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – SEPT/OCT. 2015

B.B.M. – III SEMESTER

M1 11 305: SERVICES MANAGEMENT

Duration: 3 Hours                                                                                       Max. Marks: 100

 

SECTION – A

  1. Answer ALL the questions. Each carries 2 marks.                                       (10 x2 =20)

 

  1. Mention the classification of services with examples on the basis of level of tangibility.
  2. Identify core services and peripheral services in hotel industry.
  3. What is service blue print?
  4. State any four reasons for failure of service product in market
  5. What is “zone of Tolerance”?
  6. Give any two strategies for reinforcing customer loyalty.
  7. Mention any four benefits of customization.
  8. Give the meaning of augmented product.
  9. Mention two pricing strategies suitable for tourism industry?
  10. In the “80/20 pyramid” what constitute the “20”?

 

SECTION – B

  1. Answer any FOUR Each carries 5 marks.                                  (4×5=20)

 

  1. Pricing plays a  key role in the marketing activities of a service firm. What are the factors that influence a pricing decisions?
  2. “The fifth P- People is a key component in service marketing as services are intangible” Justify the statement with an example
  3. ‘Mountain mist’ is a four star resort situated  in Ooty. Chart a guest cycle .
  4. Give a brief explanation on categories of service process
  5. Critically analyse the challenges in the marketing of the Fitness industry.
  6. How does heterogeneity of services impact its marketing?

 

 

 

 

SECTION – C

 

III)      Answer any THREE questions.    Each carries 15 marks.                    (3×15=45)

 

  1. India’s services sector has the largest share in the GDP, accounting for 57% in 2015, up from 15% in 1950. Validate the above fact with relevant examples.
  2. Service organizations often face the problem of balancing demand and capacity. Analyze the reasons and suggest ways to resolve the situation.
  3. What is the Gap Model? Discuss the various gaps in service quality?.
  4. Discuss the SERVQUAL model developed by Zeithamel in measuring the service quality
  5. Mr. Bean is planning to start an Event management company. Develop suitable marketing mix strategies for his company

 

SECTION – D

  1. IV) Case study- Compulsory questions.             (15 marks)
  2. Cinepolis, Mexico’s biggest movie exhibition company and world’s fourth largest, made its debut in India in the year 2007. Now, Cinepolis India has 34 screens across five cities and is likely to clock Rs 100 crore in revenues by the end of 2012. There’s one person who has his eyes peeled on every move that Cinepolis makes in India. Ajay Bijli, the chairman and managing director of PVR Cinemas, started the multiplex culture at Saket, New Delhi, 15 years ago. Today, Bijli’s high quality product will be challenged by a global player with a formidable reputation of bringing in cutting-edge innovations.
    When it comes to value added services Cinepolis is known to be fussy about every little detail: Leg space between seats, big screen size, and sophisticated air conditioning. Cinepolis auditoriums typically have about 10 percent fewer seats compared to its peers so that there is enough space for food to be served at the seat. And they’ve been known to pull out of the mall if the developer doesn’t have enough space for parking. While entering Bangalore, Cinepolis chose to avoid the city center and headed to the outskirts of the city in the Royal Meenakshi Mall.In many ways, that’s what helps them get repeat customers. In India, Cinepolis has gone digital from its very first screen. This enables even a screen in smaller places like Amritsar to hold the screening of the latest movie at the same time as, say, Mumbai. This was not possible earlier as the prints had to be transported.
    PVR is also not less in their strategies. They have the highest margins in the business. And  also undertaken an initiative to go completely digital. Last year, Bijli increased stakes by launching PVR’s ultra-premium offering Director’s Cut, targeted at the cream of his customers. Tickets are priced over Rs 1,000 and a customer, while watching the movie, can order food from a digital menu in a customized luxury chair. But Director’s Cut could face direct competition from Cinepolis’ VIP the company’s equally premium product that will soon debut in India. However, unlike his peers, Bijli has stayed away from mindless expansion and focused on profitability

 

 

and building his PVR brand. At the same time, Bijli has also taken the game to another level by planned investment in the “retail entertainment” space, that will add ice-skating rinks, F&B outlets, gaming concepts and bowling alleys under one roof. Bijli says that retail entertainment will become “at least a Rs 200 crore” business in the next two years from over Rs 15 crore now.

Questions:

  1. a) Analysis the key strategies of PVR and Cinepolis in marketing their product.
  2. b) Setting up world class theaters with value added services require huge investments which is reflected on ticket prices. In a country like India where majority of population belongs to the rural area and middle class what are the future opportunities for multiplexes.

 

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St. Joseph’s College of Commerce B.B.A. 2015 Human Resource Management Question Paper PDF Download

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT. 2015
B.B.M. –III SEMESTER
M1 11 304:  HUMAN RESOURCE MANAGEMENT
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Name any two out of the three phases that make up the process of the feedback exercise.
  2. “The third element of Succession Planning is creation of a Congenial Environment where the employees can work at their best.” Explain the term.
  3. Distinguish between Training and Development.
  4. “Recruitment and Selection are synonymous terms”? Explain
  5. “Training is not always effective”. State any 4 reasons.
  6. What do you mean by statutory and non-statutory welfare activities?
  7. Define Social Security.
  8. Explain the Time and Piece wage plan.
  9. Give the meaning of financial and non-financial rewards.
  10. Define HRM.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. “Performance appraisal acts as a force which tends to motivate the employees of the organization to work towards the attainment of the organizational and personal goals.”Explain the purpose of conducting Performance Appraisal.
  12. “High attrition rate adds positive value to the organization”, True or False? Justify your answer.
  13. “Career Planning encapsulates four concepts(phases).” Explain
  14. Is it important to maintain good Industrial Relations? Yes or No? Comment
  15. Give the meaning and types of OJT with examples.
  16. “Various factors determine compensation and pay rates.” Explain.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. “Man power Planning suffers from some shortcomings.”Comment. Also give the Suggestions to make MPP effective.
  18. Explain the meaning, methods and importance of Job Evaluation.
  19. “Human resource Planning translates the organization objectives and plans into the number of workers needed to meet the pre-set objectives.” In the light of the above, explain the need, importance and limitations of HRP.
  20. Explain the three Stages of  training need analysis, and explain the Kirkpatrick’s model of training evaluation.
  21. Explain the advantages of promoting employees from within the organization rather than employing outside persons.
 

SECTION – D

IV) Case Study                                                                                                              (1×15=15)                                                                                           
  22. Joe Black was trying to figure out what to do about a problem salary situation he had in his plant. Black recently took over as president of Acme Manufacturing. The founder and former president, Bill George, had been president for 35 years. The company was family owned and located in a small eastern Arkansas town. It had approximately 250 employees and was the largest employer in the community. Black was the member of the family that owned Acme, but he had never worked for the company prior to becoming the president. He had an MBA and a law degree, plus five years of management experience with a large manufacturing organization, where he was senior vice president for human resources before making his move to Acme.

A short time after joining Acme, Black started to notice that there was considerable inequity in the pay structure for salaried employees. A discussion with the human resources director led him to believe that salaried employees pay was very much a matter of individual bargaining with the past president. Hourly paid factory employees were not part of this problem because they were unionized and their wages were set by collective bargaining. An examination of the salaried payroll showed that there were 25 employees, ranging in pay from that of the president to that of the receptionist. A closer examination showed that 14 of the salaried employees were female. Three of these were front-line factory supervisors and one was the human resources director. The other 10 were non management.

This examination also showed that the human resources director appeared to be underpaid, and that the three female supervisors were paid somewhat less than any of the male supervisors. However, there were no similar supervisory jobs in which there were both male and female job incumbents. When asked, the Hr director said she thought the female supervisors may have been paid at a lower rate mainly because they were women, and perhaps George, the former president, did not think that women needed as much money because they had working husbands. However, she added she personally thought that they were paid less because they supervised less-skilled employees than did the male supervisors. Black was not sure that this was true.

The company from which Black had moved had a good job evaluation system. Although he was thoroughly familiar with and capable in this compensation tool, Black did not have time to make a job evaluation study at Acme. Therefore, he decided to hire a compensation consultant from a nearby university to help him. Together, they decided that all 25 salaried jobs should be in the same job evaluation cluster, that a modified ranking method of job evaluation should be used, and that the job descriptions recently completed by the HR director were current, accurate, and usable in the study.

The job evaluation showed that the HR director and the three female supervisors were being underpaid relative to comparable male salaried employees.

Black was not sure what to do. He knew that if the underpaid female supervisors took the case to the local EEOC office, the company could be found guilty of sex discrimination and then have to pay considerable back wages. He was afraid that if he gave these women an immediate salary increase large enough to bring them up to where they should be, the male supervisors would be upset and the female supervisors might comprehend the total situation and want back pay. The HR director told Black that the female supervisors had never complained about pay differences.

The HR director agreed to take a sizable salary increase with no back pay, so this part of the problem was solved. Black believed he had four choices relative to the female supervisors:

1. To do nothing.
2. To gradually increase the female supervisors salaries.
3. To increase their salaries immediately.
4. To call the three supervisors into his office, discuss the situation with them, and jointly decide what to do.

Questions :

 

a. What would you do if you were Black?

b. How do you think the company got into a situation like this in the first place?

c. Why would you suggest to Black to pursue the alternative you suggested?

 

(3+6+6)

 

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St. Joseph’s College of Commerce B.B.A. 2015 Financial Management Question Paper PDF Download

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT /OCT. 2015
BBM – III SEMESTER
M1 11 302: FINANCIAL MANAGEMENT
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. “The Finance manager should take into consideration the time value of money in order to take correct financial decisions.”  Elucidate.
  2. What are the effects of over-capitalisation of a company?
  3. Write a note on stable dividend policy of a company.
  4. The following data relate to DEL Ltd.

EBIT                           20,00,000

Fixed Cost                 40,00,000

EBT                             16,00,000

Calculate (i) Contribution       (ii)  Combined Leverage.

  5. What is operating leverage?  How does it help in magnifying revenue of a concern?
  6. State if the following are true or false:

i.                    Ploughing back of profits results in dilution of ownership.

ii.                 Due to the merits of ploughing back of profits, a company should not pay any dividends.

iii.               Capital structure is the mix of preference and equity share capital.

iv.               Retained earnings do not involve a cost.

  7. Give a brief on two types of working capital.
  8. Inventory management is essential because investments in stocks are high.  Explain.
  9. Mention two considerations while forming the credit policy of a company.
  10. Explain point of indifference.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. “Investment, financing and dividend decisions are all interrelated.” Comment.
  12. A firm has sales of Rs 20,00,000, variable costs of Rs 14,00,000 and fixed costs of Rs 4,00,000  inclusive of interest of Rs 1,00,000.

(i)                 Calculate its Operating, Financial and Combined Leverages.

(ii)              If the firm decides to double its EBIT, how much of a rise in sales would be needed on a percentage basis?

  13. Enlist the factors that affect the dividend policy of a company.

 

 

  14. Calculate the cost of capital in each of the following cases:

(i)                 A company issues 10% Irredeemable Preference Shares at Rs 105 each (FV=100).

(ii)              The current market price of a share is Rs 100. The firm needs Rs 1,00,000 for expansion and the new shares can be sold only at Rs 95. The expected dividend at the end of current year is Rs 4.75 with a growth rate of 6%. Also calculate the cost of capital of new equity.

  15. The earnings per share of a share of the face value of Rs 100 of PQR Ltd. is Rs 20. It has a rate of return of 25%. Capitalization rate of its risk class is 12.5%. If Walter’s model is used:

(a)   What should be the optimum payout ratio?

(b)   What should be the market price per share if the payout ratio is zero?

(c)    Suppose, the company has a payout of 25% of EPS, what would be the price per share?

  16. The company belongs to a risk-class for which the appropriate capitalization rate is 10%. It currently has outstanding 25,000 shares selling at Rs 100 each. The firm is contemplating the declaration of dividend of Rs 5 per share at the end of the current financial year. The company expects to have a net income of Rs 2.5 Lakhs and a proposal for making new investments of Rs 5 Lakhs.

Using the MM assumptions, calculate the number of new shares required for the proposed investments if the company declares dividend.

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                 
  17. A company needs Rs 12,00,000 for the installation of a new factory which is expected to earn an EBIT of Rs 2,00,000 per annum. The company has the objective of maximizing the earnings per share. It is considering the possibility of issuing equity shares plus raising a debt of Rs 2,00,000 or Rs 6,00,000 or Rs 10,00,000. The current market price of the share is Rs 40 and will drop to Rs 25 if the borrowings exceed Rs 7,50,000. The cost of borrowing are indicated as under:

Up to Rs 2,50,000 10%
Rs 2,50,000 – Rs 6,25,000 14%
Rs 6,25,000 – Rs 10,00,000 16%

Assuming the tax rate to be 50%, find out the EPS under the three options and comment.

 

  18. PQR Co. has the following capital structure:

Equity Share Capital (5000 shares of Rs 100 each) Rs 5,00,000
9% Preference Shares Rs 2,00,000
10% Debentures Rs 3,00,000

The equity shares of the company are quoted at Rs 102 and the company is expected to declare a dividend of Rs 9 per share for the next year. The company has registered a dividend growth rate of 5% which is expected to be maintained.

(i)                 Assuming the tax rate applicable to the company at 30%, calculate the weighted average cost of capital, and

(ii)              Assuming that the company can raise additional term loan at 12% for Rs 5,00,000 to finance its expansion, calculate the new WACC. The company’s expectation is that the business risk associated with new financing may bring down the market price from Rs 102 to Rs 96 per share.

  19. A company is considering an investment proposal to install new milling controls. The project will cost Rs 50,000. The facility has a life expectancy of 5 years and no salvage value. The company tax rate is 35%. The firm uses straight line depreciation. The estimated profit before depreciation and tax from the proposed investment proposal are as follows:

Year Profit (Rs.)
1  10,000
2  11,000
3  14,000
4  15,000
5  25,000

Compute the following:

(i)                 Average rate of return.

(ii)              Net Present Value at 10% discount rate.

  20. Estallia Garment Co. Ltd. is a famous manufacturer and exporter of garments to the European Countries. The finance manager of the company is preparing its working capital forecast for the next year. After carefully screening all the documents, he collected the following information:

Production during the previous year was 15,00,000 units. The same level of activity is intended to be maintained during the current year. The expected ratios of cost to selling price are:

Raw Materials 40%
Direct Wages 20%
Overheads 20%

The raw materials ordinarily remain in stores for 3 months before production. Every unit of production remains in the process for 2 months. Finished goods remain in warehouse for 3 months. Credit allowed by the creditors is 4 months from the date of the delivery of raw material and credit given to debtors is 3 months from the date of dispatch.

The estimated balance of cash to be held: Rs 2,00,000. Lag in payment of Wages ½ month. Lag in payment of Expenses ½ month. Selling price is Rs 10 per unit. Both production and sales are in regular cycle. You are required to make a provision of 10% for contingency.

  21. Write short notes on the following:

i.                    Business Risk vs. Financial risk

ii.                 Six factors affecting Optimal Capital Structure of a company

iii.               Advantages of Bonus Issue to company and investors (3 each)

iv.               Ageing Schedule

v.                  Circulating Capital

SECTION – D
IV) Case Study                                                                                                              (1×15=15)                                                                                           
  22. ITC Limited has decided to purchase a machine to augment the company’s installed capacity to meet the growing demand for its products. There are two machines under consideration of the management. The relevant details including estimated yearly expenditure and sales are given below: All sales are on cash. Corporate Income Tax rate is 40%.

Particulars Machine 1(Rs.) Machine 2(Rs.)
Initial Investment Required 3,00,000 3,00,000
Estimated Annual Sales 5,00,000 4,00,000
Cost of Production (Estimated): 40,000 50,000
Direct Materials 50,000 30,000
Direct Labour 60,000 50,000
Factory Overheads 20,000 10,000
Administration Costs 20,000 10,000
Selling and distribution costs 10,000 10,000

The economic life of Machine 1 is 2 years, while it is 3 years for the other. The scrap values are Rs 40,000 and Rs 25,000 respectively.

You are required to find out the most profitable investment based on:

a)       ‘Pay Back Period’          b)  Discounted Pay Back Period at 10%.

 

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St. Joseph’s College of Commerce B.B.A. 2015 III Sem Corporate Accounting Question Paper PDF Download

 

 

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – SEPT/OCT. 2015
B.B.M  – III SEMESTER
M1 11 301:  CORPORATE ACCOUNTING 
Duration: 3 Hours                                                                                      Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                (10×2=20)
  1. Distinguish between calls in Arrears and calls in Advance.
  2. Who is a contributory?
  3. What are the different methods of calculating Purchase Consideration?
  4. What is External Reconstruction?
  5. State the order in which Capital Reduction Account must be used.
  6. How do you treat  Preliminary Expenses in the final accounts of company?
  7. Who is a Liquidator?
  8. What does Accounting Standard 26 pertain to?
  9. Who are preferential creditors?
  10. What is the meaning of Accounting Standard?
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                              (4×5=20)
  11. Bring out the difference between two methods of accounting for Amalgamation
  12. From the following particulars, prepare Income Statement for the year ended 31st March 2014.

Particulars Amount  (Rs)
P/L A/c balance brought forward 1,00,000
Net Profit before tax (Provision for taxation 40%) 8,75,000
Transfer to Reserve Fund 1,25,000
The share capital consists of the following :

(i)                 10,000 12% preference shares of Rs. 100 each fully paid

(ii)              10,000 Equity shares of Rs. 100 each Rs. 80 paid

 
The Directors propose a dividend of 20% on equity shares.  
  13. The Balance Sheet of X Ltd and Y Ltd as on 31/12/2014 are given below:

Particulars X Ltd Y Ltd
I.                   Equity and Liabilities    
1.      Shareholders Funds:    
Share Capital

(Rs.10 each)

1,00,000 1,20,000
General Reserve 50,000 70,000
Export Profit Reserve 20,000 30,000
2.      Non-Current Liabilities:    
14% Debenture 50,000 50,000
3.      Current Liabilities    
Creditors 20,000 10,000
Provisions 45,000 50,000
                           Total 2,85,000 3,30,000
     
II.                Assets X Ltd Y Ltd
1.      Non-Current Assets:    
Fixed Assets 1,65,000 2,10,000
Investment 50,000 ——
2.      Current Assets    
Stock 40,000 50,000
Debtors 25,000 65,000
Cash and Bank 5,000 5,000
     
                           Total 2,85,000 3,30,000

XY Ltd has been formed for the amalgamation , which took over X Ltd and Y Ltd and in exchange shares of XY Ltd . (of Rs. 10 each) were issued. To arrive at purchase consideration, fixed assets of X Ltd and Y Ltd were valued at Rs. 1,55,000 and Rs. 2,30,000 respectively  . 14% new Debentures are to be issued to the debenture holders of X Ltd and Y Ltd . Expenses for amalgamation were Rs. 1,000.

Calculate Purchase Consideration.

   
  14. Calculate liquidator’s remuneration and amount available to pay unsecured creditors:

(i)                 Balance of cash after paying preferential creditors Rs. 2,10,000.

(ii)              Other unsecured creditors are Rs. 2,50,000.

(iii)            Liquidator’s remuneration is 5% on the amount paid to other unsecured creditors.

  15. Balance Sheet of a private company stood as follows on 31/12/2014:

Balance Sheet

Liabilities Amount (Rs) Assets Amount (Rs)
19,000 Shares of Rs. 100 each 19,00,000 Land & Building 1,00,000
Creditors 1,00,000 Machinery 2,60,000
Debentures 1,00,000 Furniture    20,000
    Stock 3,70,000
    Debtors 1,80,000
    Goodwill 2,00,000
    Profit & Loss A/c 9,70,000
  21,00,000   21,00,000

The company is to be reconstructed as follows:

(a)   Shares of Rs. 100 are to be reduced to an equal number of fully paid shares of Rs. 40 each.

(b)   To issue 1,000 new shares of Rs. 40 each as fully paid up to debenture holders in full settlement.

(c)    The amount available is to be utilized in writing off the goodwill and Profit and loss A/c and the balance in writing down the value of machinery .

(d)  Authorized capital of the company is 20,000 shares of Rs. 100 each. Prepare Capital Reduction Account.

  16. What are the functions of Accounting Standard Board?
SECTION -C
III) Answer any THREE questions.  Each carries 15 marks.                      (3×15=45)
  17. Bharath Limited was absorbed by Indian Limited on 31/12/2014 on which date the Balance Sheet of Bharath Limited was as follows:

Particulars Amount (Rs)
I.                   Equity and Liabilities:  
1.Shareholders Funds:  
Equity Share Capital 6,00,000
5% Preference Share Capital 4,00,000
2.  Current Liabilities:  
Sundry Creditors 1,50,000
3.      Other Current Liabilities:  
-P&L Account (3,50,000)
Total 8,00,000
   
   
II.Assets Amount (Rs)
1.      Non-Current Assets:  
Buildings 4,00,000
Plant 2,00,000
2.Current Assets 2,00,000
Total 8,00,000
   

Indian Limited took over buildings at Rs. 3,00,000, Plant at Rs. 1,40,000 and Stock at Rs. 60,000 . The purchase consideration is to be satisfied by the issue of 8% Preference Shares of Rs. 100 each and Equity Shares of Rs. 10 each in 3:2 ratio.

The Preference Shareholders are to be settled in full by the allotment of new Preference Shares. Sundry debtors realized Rs. 1,50,000 and Rs. 1,10,000 was paid to Sundry Creditors in full settlement (There were no other current assets). Cost of liquidation Rs. 1,000.

Prepare necessary ledger accounts in the books of Bharath Limited. Opening Journal Entries of Indian Limited  and its Balance Sheet.

  18. Following are the balances of NSK Ltd as at 31/03/2014. You are required to prepare the final accounts of the company after taking additional information into consideration.

Particulars Amount (Rs) Particulars Amount (Rs)
Premises 30,72,000 Share capital 40,00,000
Plant 33,00,000 12% Debentures 30,00,000
Stock (1/4/2013)   7,50,000 P&L A/c   2,62,500
Debtors 8,70,000 Creditors 7,70,000
Goodwill 2,50,000 Sales 41,50,000
Cash and Bank 4,06,500 General Reserve 2,50,000
Calls in arrears    75,000 Reserve for DD (1/04/2013)   35,000
Interim Dividend 3,92,500    
Purchases 18,50,000    
Preliminary Expenses   50,000    
Wages 9,79,800    
General Expenses   68,350    
Salaries 2,20,250    
Bad Debts   21,100    
Debenture interest paid 1,62,000    
  1,24,67,500   1,24,67,500

Adjustments:

1.      Closing stock is valued at Rs. 10,50,000

2.      Depreciate plant at 15%

3.      Write off Rs. 5,000 from preliminary expenses.

4.      Half yearly debenture interest is due.

5.      Write off Rs. 20,000 further bad debts and unused new RDD at 5% on debtors.

6.      Transfer Rs. 25,000 to General Reserves.

  19. The following is the Balance Sheet of X ltd as on 31/12/2014

Liabilities Amount (Rs) Assets Amount (Rs)
4,000 6% Preference Shares of Rs. 100 each 4,00,000 Land 2,00,000
2,000 Equity shares of Rs. 100 each Rs. 75 paid up 1,50,000 Plant 5,00,000
6,000 Equity shares of Rs. 100 each, Rs. 60 per share paid up 3,60,000 Patents 80,000
5% Debentures 2,00,000 Stock 1,10,000
Outstanding Debenture Interest 10,000 Debtors

Cash

2,20,000

60,000

Creditors 2,90,000 Profit & Loss A/c 2,40,000
  14,10,000   14,10,000

On the date of Balance Sheet the company went into liquidation . The dividends on preference shares are in arrears for 2 years. The arrears are payable on liquidation as per Articles of Association. The Debentures have a floating charge on the assets of the company. Creditors include a loan of Rs. 1,00,000 secured by mortgage of land. The assets realized are as under:

Land Rs. 2,40,000 ;Plant Rs. 4,00,000 ; Patents Rs. 60,000 ; Stock Rs. 1,20,000; Debtors 1,60,000.

The expenses of liquidation amounted to Rs. 21,800. The liquidator is entitled to a commission of 3% on all assets realized including cash and a commission of 2% on the amount distributed to unsecured creditors. Preferential creditors amounted to Rs. 30,000.

Prepare Liquidators final Statement of Account.

  20. The Creditors and Shareholders having agreed upon a scheme of Reconstruction for the Unsound Company Ltd. which went into voluntary liquidation . The Balance Sheet as on 31/12/2014 stood as follows:

Particulars Amount (Rs)
I.                   Equity and Liabilities:  
1.      Shareholders Funds:  
25,000 Shares of Rs. 10 each 2,50,000
2.      Non-Current Liabilities:  
8% Debentures 1,00,000
Depreciation Fund  27,000
3.      Other Non-Current Liabilities:  
P/L Account (75,000)
4.      Current Liabilities  
Trade Creditors   40,000
                             Total 3,42,000
   
II.                Assets Amount (Rs)
1.      Non-Current Assets:  
Goodwill 30,000
Factory Building 95,000
Plant 1,05,000
2.      Current Assets:  
Stock  50,000
Debtors 60,000
Cash at Bank  2,000
Total 3,42,000

The scheme of reconstruction provided:

(i)                 That a new company called Sound Ltd to be formed with a share capital of Rs. 5,00,000 in 50,000 shares of Rs. 10 each to take over from the above company stock and debtors at 20% less than the book value, Factory Buildings and Plant at Rs. 77,000 and Rs. 1,00,000 respectively.

(ii)               The Debenture holders were to be satisfied by the issue of 9% Mortgage Debentures of Rs. 1,05,000 in Sound Ltd., in exchange for the old Debentures.

(iii)             The trade creditors agreed to receive Rs. 35,000 from Sound Ltd., in full satisfaction of their claims.

(iv)             The Shareholders agreed to receive 25,000 shares of Rs. 10 each, credited with Rs. 5 per share paid-up, with a call of Rs. 2.50 per share to be made forthwith.

(v)               The Bank balance was utilised in payment of reconstruction cost.

Pass necessary journal entries to close the Books of UnsoundLtd. and also the opening entries in the Books of Sound Limited assuming that the call made on the shareholders was duly received.

  21. Briefly explain the following Accounting Standards:

a)      Accounting Standard-10

b)       Accounting Standard-6

c)      Accounting Standard -1.

SECTION – D
IV) Compulsory question.                                                                              (15 marks)
  22. a) Prakash Ltd. went into liquidation on 31.12.2014. Following information is available with the liquidator.

Creditors amount to rs.75,660 of which Rs.8,000 are preferential, 6% Debentures having a floating charge on the assets of the company amounted to Rs.80,000.  Debentures to be paid interest upto 30.6.2015.

The Assets realised as follows:

Stock Rs.84,000

Plant and Machinery Rs.60,600

Cash in hand stood at Rs.500.  Debentures were paid off on 30-6-2015 with interest.  Liquidator’s expenses amounting Rs. 1,902 and he is to be given a remuneration at 3% on the amount realised and 2% on the amount distributed to unsecured creditors excluding preferential creditors.

 

Calculate  the amount payable to unsecured creditors.

 

b)  From the following particulars prepare Income statement for the year ending 31st March 2013.

i) P&L A/c balance from last year Rs.62, 500.

ii) N/P for the year before tax 5,40,000 (provision for tax at 40%)

iii) Transfer to General reserve Rs.52,500, Dividend Equalisation fund 40,000 and development reserve 37,500.

iv)Dividend on 7.5% on preference shares 3,00,000

v) Dividend on 12.5% on 50,000 equity shares of Rs.10/- Rs.7.50 called-up (calls in arrears Rs.13,000).

 

 

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St. Joseph’s College of Commerce VI Sem International Human Resource Management (Elective P – Iv – Hr) Question Paper PDF Download

REG NO:

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.B.M. – VI SEMESTER
HRM 606: INTERNATIONAL HUMAN RESOURCE MANAGEMENT

(ELECTIVE P – IV – HR)

Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Define IHRM.
  2. What do you mean by Expatriate Training?
  3. Mention two objectives of International Compensation.
  4. What do you mean by Repatriation?
  5. Mention the approaches to International Relations.
  6. What is Global Talent Search?
  7. Give the meaning of Training in an Organisation.
  8. What is cultural Shock?
  9. Mention any two issues involved in International Performance Management.
  10. Define PCN with an example.
 

SECTION – B

II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. International Human Resource Management is different from Domestic Human Resource Management in various dimensions. Explain.
  12. State the different types of International Human Resources.
  13. State the areas to be appraised for Host Country National.
  14. Explain Repatriation Process.
  15. State the influence of Trade Unions on HR Practices of MNCs.
  16. Explain the recent trends in International Staffing.
 

SECTION – C

III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Explain the various areas of Global Training and Development.
  18. What are the various HR Practices in the United States?
  19. Write the Objectives of MNC’s Compensation Management.
  20. Explain the various sources of International Recruitment.
  21. What are the various factors influencing International Industrial Relations.
 

SECTION – D

IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                          
  22. When a major international software developer needed to produce a new product quickly, the project manager assembled a team of employees from India and the United States.  From the start, the team members could not agree on a delivery date for the product.  The Americans thought the work could be done in two to three weeks; the Indians predicted it would take two to three months.  As time went on, the Indian team members proved reluctant to report setbacks in the production process, which the American team members would find out only when work was due to be passed to them.  Such conflicts,

 

of course, may affect any team, but in this case, they arose from cultural differences.  As tensions mounted, conflict over delivery dates and feedback became personal, disrupting team members’ communication about even mundane (routine) issue.  The project manager decided he had to intervene – with the result that both the American and the Indian team members came to rely on him for direction regarding minute operational details that the team should have been able to handle itself.  The manager became so bogged down by issues that the project careened hopelessly off even the most pessimistic schedule – and the team never learned to work together effectively.

 

Questions:

 

  1.  What mistakes did the project manager commit while constituting the team?
  2. Which of the strategies do you recommend to bring the team back on track?
  3. What are the cultural aspects of US making it different from Indians?

 

 

 

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St. Joseph’s College of Commerce VI Sem Creative Advertisement And Media Management (Marketing Elective P –Iv) Question Paper PDF Download

REG NO:

 

 

ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.B.M. – VI SEMESTER
mkt505 : CREATIVE ADVERTISEMENT AND MEDIA MANAGEMENT (MARKETING ELECTIVE P –IV)
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. ‘CID’ in Sony TV has received very high TRP. What do you mean by TRP?
  2. What is meant by flighting?
  3. What is the role of Ad Campaign in Advertising?
  4. What copy elements are involved in a Radio commercial?
  5. Mention two examples of death appeals.
  6. What do you mean by Bandwagon advertisement?
  7. Expand USP and its contribution to the manufacturers.
  8. What is competitive parity method used and for what?
  9. What is it Puffery? How important is it in advertisements?
  10. Mention two differences between small and large advertising agencies.
 

SECTION – B

II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Mr. Ramachander, the marketing manager of Colour flow cosmetics wants to approach an outside advertising agency for the new series of woman’s lip sticks. Explain the different types of advertisement agencies that Mr. Ramachander can approach.
  12. Is emotional appeal a very good medium to influence customers? Explain different types of appeals with their pros and cons.
  13. Briefly explain social and ethical issues in Advertising.
  14. Expand and explain in detail the various steps in DAGMAR approach.
  15. Write a short note on the Evolution of advertising
  16. Black silk, hair oil has been doing well in the market. As a marketing head, to keep pace with the changes in order to survive and prosper, What are the various advertising strategies you need to look into to place the product again and again in minds of customers?
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. “Speed track” Private limited is already an established company in the world of Office bags. They are planning to launch a new series of College bags for the youngsters, as the marketing head of the company what different types of advertisement you would suggest to capture the youth market in India.

 

  18. Explain in detail the various steps involved in the advertising campaign plan.
  19. What is Ad Copy? How to write an Ad Copy? What are the elements in a Ad Copy? Explain with suitable examples.
  20. Explain the “appeal factor” of advertisement.  Also explain the demerits of advertisements.
  21. Define Media Planning? Explain media planning, selection and scheduling strategies to tap the target customers.
SECTION – D
IV) Case Study                                                                                                              (1×15=15)                                                                                           
  22. The following print ad is aimed at Indian consumers . Write your assesement of each  of them justifying your assement as good or bad commenting on its creativity, strategy and recommend an alternative advertising media for this.

 

(8 marks)

 

 

(7 marks)

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St. Joseph’s College of Commerce VI Sem Accounts Of Other Companies(Elective P-Iv-Accounts) Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – MARCH /APRIL 2016
B.Com  – VI Semester
 ACC 606: ACCOUNTS OF OTHER COMPANIES(ELECTIVE P-IV-ACCOUNTS)
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. The life assurance fund of a company stood at Rs 5, 25,000 on 31/3/2015 and the valuation of its net liability in respect of policies on that date revealed a figure of Rs 4, 86,000.How much would the policy holders stand to get by way of bonus?
  2. Distinguish between ‘cash bonus’ and ‘reversionary bonus’.
  3. State the purpose of creating reserve for unexpired risk. State its accounting treatment?
  4. Differentiate between annuities and consideration for annuities granted?
  5. Calculate rent to be charged per day per room from the following information for a three Star Hotel at Delhi, if occupancy rate is a) 100% b) 80%.

a)      Number of rooms available for occupancy = 50

b)     Estimated total cost for April, 2008 = Rs. 12,00,000

c)      Return expected = 50% on cost.

  6. Explain the plans available to classify resident guests of a hotel.
  7. What do you mean by a ‘statutory corporation’? How does it differ from a joint stock company?
  8. In the context of accounts of electricity companies, what is ‘reasonable return’?
  9. What is meant by ‘night audit’? Explain the job of a night auditor.
  10. What is double account system?  State the special features of Double account system.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Calculate the net claim to be shown in Revenue Account of Insurance Company;

Claims paid during the year ended 31-3-2015 5,60,000
Claims outstanding on 1-4-2014 52,000
Claims outstanding on 31-3-2015 92,000
Claims covered under reinsurance 25,000
  12. The Life Fund of a Life Insurance Company on 31.03.2015 showed a balance of Rs. 54,00,000. However, the following items were not taken into account while preparing the Revenue A/c for 2014-15. Ascertain the correct life fund balance.

a) Interest and dividends accrued on investments                       Rs. 20,000

b) Income Tax deducted at source on the above                           Rs.   6,000

c) Reinsurance claims recoverable                                                   Rs.   7,000

d) Commission due on reinsurance premium paid                      Rs. 10,000

e) Bonus in reduction of premiums                                                 Rs.   3,000

 

 

  13. The life fund of a life Assurance Company was Rs.86,48,000 as on 31-3-2015. The interim bonus paid during the inter-valuation period was Rs.148000. The periodical Actuarial valuation determined the net liability at Rs. 74,25,000. Surplus brought from the previous valuation was Rs.8,50,000. The directors of the company proposed to carry forward Rs.9,31,000 and to divide the balance between the shareholders and the policy holders in the ratio of 1:10.

Show a) The valuation balance sheet b) The net profit for the valuation period and c) The distribution of the surplus.

  14. Following balances relate to an electricity company and pertain to its accounts for the year ended 31st March, 2015:

Particulars Rs. in Lakhs
Share capital 100
Reserve fund (invested in 5% Government Securities at par) 60
Contingencies Reserve –( invested in 6% State Government loans) 20
Loan from State Electricity Board 30
11% Debentures 8
Development Reserve 10
Fixed Assets 200
Depreciation Reserve on fixed assets 80
Consumers’ Deposits 75
Amounts contributed by consumers towards fixed assets 2
Intangible assets 5
Tariffs and Divided control reserve 6
Current assets – Monthly average 20

The company earned a post tax (clear) profit of Rs.9 lakhs. Calculate Capital base under the provisions of Electricity Act.

  15. A five star hotel in Madras has 320 lettable rooms on a particular day. 240 rooms are occupied by 300 guests. Calculate the double occupancy rate.
  16. Define the duties and responsibilities of Comptroller & Auditor General of India.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                 
  17. From the following balances extracted from the books of the LIC as at 31.03.2015, Prepare a Revenue A/c for the year ending 31.03.2015 in the prescribed form.

Claims by death 3,30,000 Life Assurance Fund (1.4.2014) 63,31,000
Claims by maturity 2,15,000 Premiums 20,65,000
Salaries 44,200 Bonus in reduction of premiums 1,000
Travelling Exp 1,200 Income Tax on Interest & Dividends 5,700
Directors’ fees 8,700 Agents & Canvasser’s allowance 26,500
Auditor’s Fees 1,000 Printing & Stationery 13,900
Medical fees 52,000 Postage & Telegrams 14,300
Commission 2,18,000 Receipt from sale of Stamps 2,300
Rent 2,800 Reinsurance premiums 40,950
Law Charges 200 Interest & Dividend (Gross) 2,72,000
Advertising 4,300 Policy Renewal Fees 9,600
Bank Charges 1,500 Assignment Fees 540
General Charges 2,000 Endowment Fees 690
Surrenders 47,500 Transfer Fees 1,400

 

  18. From the following Trial Balance of Bharatiya Hotel Ltd , prepare Profit & Loss account for the year ended 31/12/2015 and balance sheet as on that date:

  Debit (Rs) Credit(Rs)
Hotel buildings 37,400  
Vehicles 2280  
Furniture & fixtures 3520  
Glass, cutlery- 1/1/2015 2000  
Glass, cutlery purchased during the year 1000  
Printing & stationery 225  
Hire of Hall for seminars   3670
Room rent   18850
Entertainment cost 345  
Billiard room receipt   3845
Billiard board 10400  
Billiard room expenses 2135  
Profit on sale of beer, wine, cigars etc   1200
Arrears of room rent 1/1/2015 1125  
Honorarium 1500  
Sale of tickets for moonlight dinner   1600
Moonlight dinner expenses 1875  
Salaries to staff 2700  
Audit fee 600  
Income from beauty parlor   8500
Repairing, cleaning and washing 350  
Newspapers and magazines 180 95
Interest on bank deposits   25
Bank charges 20  
Income from laundry   225
General expenses 2995  
Stock of wine, beer, cigars, etc on 31/12/2015 300  
Sundry creditors   3135
Cash in hand 1400  
Cash at bank 1735  
Share capital   32940
  74,085 74,085

Other information:

a)Stock of stationery & printing 0n 31/12/2015- Rs 35

b) Out of the total room rent, Rs 1125 represented arrears collected and Rs 760 received in advance.

c) An amount of Rs 500 was outstanding on account of room rent.

d) Unpaid salary amounted to Rs 200

e) Depreciation to be provided as under:

i) Vehicles 10%

ii) Furniture & fixtures 15%

iii) Hotel buildings 5%

 

  19. The following balances are extracted from the books of City Light Supply Corporation as on 31-3-2015:

  Rs. Rs.
Equity shares   1,64,700
Debentures   60,000
Sundry creditors on open accounts   300
Depreciation fund   75,000
Capital Expenditure on 31-3-2014 2,85,000  
Capital Expenditure during 2014-15 18,300  
Sundry Debtors for current supplied 12,000  
Other debtors 150  
Stores in hand 1,500  
Cash in hand 1,500  
Cost of Generation of Electricity 9,000  
Cost of Distribution of Electricity 1,500  
Rent, Rates and Taxes 1,500  
Management expenses 3,600  
Depreciation 6,000  
Interest on debentures 3,000  
Interim dividend 6,000  
Sale of current   39,000
Meter rent   1,500
Balance of Net Revenue Account as on 1-4-2014   8,550
  3,49,050 3,49,050

Prepare a) Capital account b) Revenue account c) Net Revenue account and

d) General balance sheet from the above Trial Balance.

  20. Define a Government company. Explain briefly the various provisions of sections 209,210 & 211 of Company’s Act, applicable to Government Company.

 

  21. a) Following information is extracted from the books of Modern Electricity Co for the year ended 31/3/2015:

Net profit before charging debenture interest – Rs 67, 50,150

10% debentures interest paid during the year – Rs 11, 25,000

Capital base arrived at by the company – Rs 3, 10, 89,000

Reasonable return calculated by the company – Rs 40, 68,450

You are required to show the disposal of surplus of the company.

 

a)                  b) Mr. Ganpath Checks into a five star hotel on 10th Jan 2016 at 9 a.m. on American plan @ Rs. 300 per day. The hotel also levies a service tax @ 12% in addition to the room rent. Find the duration of stay and amount payable by Mr. Ganpath if he checks out at:

b)

  1. 6p.m. on 10th Jan
  2. 8a.m. on 11th Jan
  3. 4p.m. on 11th Jan
  4. 11.a.m. on 12th Jan

When the duration of day is ascertained by the hotel on

  • 24 hours or part thereof basis
  • Fixed check out time of 12 noon basis

 

 

SECTION – D
IV) Case Study – Compulsory question.                                                                     (1×15=15)                                                                                           
  22. Zaldi pay Insurance Company Limited has furnished the following information for preparation of revenue account for fire insurance business for the year ended 31.3.2015 and its profit and loss a/c for the year.

Particulars Rs. (in ‘000) Particulars Rs.( in ‘000)
Claims admitted but not paid 42,376 Bad debts. 2,500
Commission paid 50,000 Claims paid 15,000
Commission on re-insurance received 12,000 P&L Appropriation A/c 10,000
Share transfer fees 5,000 Premium received 5,52,000
Expenses of management 78,000 Less : re-insurance claims outstanding as on 1.4.2014 27,000
Reserve for unexpired risk as on 1.4.2014 2,30,000 Dividend on share capital 18,500
Additional reserve on 1.4.2014 40,000    

 

The following further information has also to be considered:

a.      Premium outstanding at the end of the year Rs. 40,000.

b.       Additional reserve at 10% of net premium to be maintained.

c.       It is the policy of the company to maintain 50% of premium towards reserves for unexpired risks.

 

 

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St. Joseph’s College of Commerce VI Sem Security Analysis And Portfolio Management (Finance Elective) Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.B.M.  – VI SEMESTER
FIN 605: SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT

(FINANCE ELECTIVE)

Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. “Investment is current commitment of funds in anticipation of returns in future”. Comment.
  2. What is speculation?
  3. What is non-diversifiable risk?
  4. Define market risk.
  5. State any four ratios that are found to be strong fundamentals of company
  6. What is YTM?
  7. What is technical analysis?
  8. What is semi-strong form of efficient market hypothesis?
  9. What is CAPM?
  10. What is efficient frontier?
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Distinguish between investment and speculation.
  12. Discuss the attributes that one should consider while evaluating an investment.
  13. Following are the returns on stock ABC

Year Return on stock ABC(%)
2010 11.82
2011 12.54
2012 10.84
2013 -3.45
2014 7.46
2015 10.93

 

            Calculate mean, standard, variance  and deviation of the return.

 

  14. Differentiate between fundamental analysis and technical analysis.
  15. The current dividend on an equity share of SBI is Rs.3/- is expected to enjoy an above normal growth rate of 40% for 5 years.  Thereafter, the growth rate will fall and stabilize at 12%.  Equity investors require a return of 15% from SBI’s stock.  What is the intrinsic value of the equity share of SBI?
  16. The market price of  Rs.1000/- par value bond carrying a coupon rate of 14% and maturing after 5 years is Rs.1050.  What is the yield to maturity (YTM) on this bond?  Also compute the approximate YTM.  What is the realized YTM if the reinvestment rate is 12%?
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Examine investment alternatives available for a rational investor.
  18. Discuss the macroeconomic factor that would impact the stock market returns.
  19.  Following are the data in respect of stocks A and B

State of economy Probability of occurrence Rate of return (%)
    A B
Boom 0.25 19 38
Normal 0.50 21 13
Recession 0.25 7 -17

Calculate (i) expected returns,  (ii) standard deviation

 

  20. An investor has 7 portfolios yielding the following results during a five year period.

Portfolio Average annual return (%) Standard deviation (%) Beta
A 15 27 .82
B 11 18 .53
C 9 14 .40
D 18 19 .73
E 10 7 .44
F 21 15 .62
G 15 9 .61
Market 6 11  
91 Day T-Bills 5    

 

Rank these portfolios using (1) Sharp’s model, and (2) Treynor’s model.

 

  21. Explain SML with suitable diagram.
SECTION – D
IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                          
  22. You are appointed as a fund manager in SMART Consultancy Ltd. Mr. Piyush, an IT professional approaches you with an investment proposal for Rs.1 lakh.  Mr. Piyush has heard something about CAPM and Fama-French model through his colleagues.  He wants to know in detail from you:

  1. What is CAPM?
  2. Does CAPM hold its ground in the present context?
  3. What are the CAPM anomalies?
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St. Joseph’s College of Commerce VI Sem : International Marketing (Elective P Iii: Marketing) Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION –MARCH/APRIL 2016
B.B.M.  – VI SEMESTER
MKT 605: INTERNATIONAL MARKETING (ELECTIVE P III: MARKETING)
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. What is meant by Cartel?
  2. Define the term International Marketing.
  3. List any two trade barriers.
  4. What is meant by Globalization?
  5. What is meant by Market Segmentation?
  6. Mention any two problems in International Marketing Communication.
  7. Briefly explain Marketing Mix.
  8. What is meant by Countertrade?
  9. Write short notes on Trading Houses.
  10. What is meant by Dumping?
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Briefly explain Trade Related aspects of Intellectual Property Rights (TRIPS).
  12. What are the merits and demerits of the EURO?
  13. Briefly explain the requisites of sound International Marketing segmentation.
  14. Write short notes on the importance of Balance of Payment in International Marketing.
  15. With a neat sketch briefly explain the International Product Life Cycle.
  16. Write short notes on the importance of International Logistics in International Marketing.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Explain the various risks faced by an International Marketer. Suggest ways in which these risks can be managed.
  18. Explain the function of WTO and highlight its role liberalizing international trade.
  19. Elaborate the problems in International Marketing Communication. Highlight the effect of regulations on Advertising on International Marketing Communication.
  20. Explain export price structure. Briefly explain the steps involved in export pricing.
  21. Explain any five market entry strategies followed in international business. State each of them with examples.
 

SECTION – D

IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                          
  22. International Marketing: Unilever vs. Nestle

Unilever:

Unilever was established in 1948 and produces house hold products like; detergents, toiletries, cosmetics, and food products. Unilever is a large corporation that has over 500 firms worldwide. Their products are sold in more than 170 countries. Unilever originated in Europe and then expanded to the United States, starting with two U.S. factories. They can be located in parts of Asia, Africa, North America, the Middle East, Western Europe, and South America. Unilever has a very impressive portfolio that includes eleven brands that annually gain revenue of more than one billion dollars each.

Unilever is aiming for global processes and alignment of their human resource activities. “Unilever is working with Accenture to identify supply opportunities within the marketplace and will look to develop longer term relationships with a rationalized base of preferred suppliers. We seek to do business with those who can supply goods and services in a reliable and cost effective manner.” (2010) there is even a way to apply to be one of Unilever’s suppliers that will provide human resource goods and services. Unilever gained a lot of their success because of the ability to adapt to new markets and technology.

In order to help with the increase in revenue, Unilever changed companies focus to places with higher potential for growth. Concentration on new emerging markets like China, who had a high young population with increasing incomes, caused their developing world sales to increase by substantial amounts. Even while the company was facing struggles such as the Great Depression of the 1930’s, they were concentrating on diversification and expansion of their food markets. Unilever put great efforts into research and development. Unilever’s marketing efforts only varied slightly from the 1950’s until the 1980’s. In this time frame Unilever focused on technology, new products, new global markets, and keeping up with the world economies expansion. By the time the 1980’s arrived Unilever was one of the biggest global corporations which allowed them to focus their marketing efforts on their existing portfolio. By the 1990’s Unilever chose to keep its focus on its portfolio and even eliminated some of their brands so they could keep a strong focus on the top global sales products. In the 2000’s the company implemented a new five year strategic plan that focuses on the needs of consumers and a better future.

 

Nestle:

Nestle is one of the largest consumer packaged goods company in the world that focuses on increasing the nutritional value of the food that is consumed while increasing the taste. The company is classified as a nutrition, health, and wellness company. Nestle was a Swiss company that was founded in 1866. Just like Unilever, they devote a lot of time to research in development. Nestle invest around 1.5 billion in research and development every year. Nestle markets nearly ten thousand different products to 130 different countries across the globe.

Nestle has always been about nutrition, so their global marketing over the years has been based off of demographics that show the changes in living standards and life styles. In the long history of the company, the times have changed. People live longer, and the global population has increased. This has had a huge influence on the way the Nestle runs their business and what products have been the main marketing focal points.

Nestle and Unilever both focus on health and wellness, but instead of focusing on the actual needs of the consumers like Unilever, Nestle focuses on their corporate wellness unit to bring good food, and good life to all of the consumers. Other words, they devote more time and effort into ingredients then the actual consumer.

The corporate wellness group is a global network that is globally placed to help promote the value of nutrition. Their strategy is to make sure to provide better tasting products that are better for everyone.

The two corporations also differ in marketing because Unilever is sticking to its profile and even eliminated products, but Nestle is creating and enhancing hundreds of Nestle products. Nestles’ packaging plays a big role in their marketing. Each package has what is called the “Nestle Nutritional Compass”, to show consumers what they will benefit if they purchase the product. Nestles’ philosophy is that nutritional information is not enough. The compass has three elements: Good to Know; which gives factual information on nutritional contents. Good to remember; which gives tips for healthy lifestyles, cooking, and diet. Good to talk; which invites the consumer to call the Nestle consumer service team or log on to the Nestle website. (2006)

Just like Unilever, Nestles marketing strategy is looking towards the future of their products. They are working on products that will be geared towards gestational issues, Alzheimer’s, diabetes, obesity, and other items that will contribute to the health and wellness of the consumers.

 

Questions

a.      Discuss the practical and legal consequences of both Unilever’s and Nestles’ approach of expansion in international markets.        (7.5 marks)

b.      Discuss the trade barriers that MNC’s like Unilever and Nestle tend to face while operating in international markets. Suggest some recommendations to overcome these objections.                                                        (7.5 marks)

 

 

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St. Joseph’s College of Commerce VI Sem Industrial Psychology And Industrial Relations (Elective : Hr) Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION –MARCH/APRIL 2016
B.COM. – VI SEMESTER
HRM 607: industrial psychology and industrial relations

(ELECTIVE : HR)

Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. How men and women differ in the type of leadership roles they assume in work groups? Explain.
  2. What is ‘Presenteeism’?
  3. Highlight the main functions of ILO.
  4. Mention any four traits of a leader.
  5. What kind of financial and non financial reward power could influence an employee to perform better?
  6. What do you mean by Social Loafing?
  7. Define Industrial Democracy.
  8. Expand AITUC and BMS.
  9. Who make a part of cliques in an organization?
  10. What is group Cohesiveness?
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Mr. Stephen needs to solve a crucial crisis in his department by forming a temporary group. What stages of group formation and development will he witness?
  12. Explain difference between Distributive and Integrative bargaining

 

  13. Write the different forms in which the organization Culture is transmitted to employees.
  14. Define strike and explain different types strikes.
  15. Write a short note on National Commission on Labour.
  16. Explain the process of Conflict.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Mr. Tom was disappointed with the management and had a strong grievance to be taken against his superior. What could be the various reasons leading to a grievance for an employee? Also explain the need for grievance machinery in an organization.
  18. Briefly explain the preventive methods of Industrial disputes.
  19. Industrial Psychology is the study of people at work and is concerned with the entire spectrum of humans. Briefly explain its scope, principles and techniques.

 

  20. Define Industrial Relations. Write its objectives and explain in detail the approaches to Industrial Relations.
  21. Ms. Shalini never felt any more pride in mentioning the name of place where she worked. She was tired of travelling and being away from her family for days. In what ways can her boss measure and evaluate morale of Ms. Shalini. Mention some other general signs of low morale. Also briefly explain the measures to overcome it.
SECTION – D
IV) Case Study                                                                                                              (1×15=15)                                                                                          
  22. “Motivational Spillovers from Awards: Crowding Out in a Multitasking Environment”

The study is led by Timothy Gubler, assistant professor of management in UCR’s School of Business Administration, together with Ian Larkin from the University of California, Los Angeles, and Lamar Pierce from Washington University in St. Louis.

For years, researchers have studied the unintentional side effects of monetary rewards that tie pay with performance. Such rewards can reduce employees’ intrinsic motivation, cause workers to focus less on tasks not recognized financially, and lead to a tendency for employees to play or “game” the system. Conversely, non-monetary recognitions and small nominal awards like gift cards are widely believed to avoid these unintended consequences and present a costless way to motivate employees.

“The common knowledge is that non-monetary awards can subtly motivate people in ways that are fundamentally different to financial reward programs, such as by increasing organizational loyalty, encouraging friendly competition, or increasing employees’ self-esteem,” Gubler said. “In fact, past research has focused almost exclusively on the benefits of these programs, and the costs have been considered negligible.”

To explore the potential downsides of award programs, the researchers used field data from an attendance award program implemented at one of five industrial laundry plants in the Midwest United States. With the plant relying heavily on worker efficiency for overall productivity, the program was designed to recognize all employees with perfect attendance — defined as coming on time to work and not having any unexcused absences. Each month, employees with perfect attendance were recognized at a plant-wide meeting, with one person receiving a $75 gift card through a random draw.

They found:

  • Reward-motivated employees responded positively to the awards by reducing tardiness, but gamed the system to maintain eligibility using sick days and reverted back to poor attendance behavior when they lost eligibility in a given month.
  • The awards crowded out intrinsic motivation in internally-motivated employees, who were already performing well by coming on time in the absence of rewards. These employees had increased tardiness after the program was implemented and they lost eligibility.
  • The awards decreased motivation and productivity for internally-motivated workers, suggesting these employees were unhappy because of fairness and equity concerns.
  • In total, the award program cost the plant 1.4 percent of daily productivity, mainly because of the lost productivity by internally-motivated employees.

Gubler said the research is among the first to show that motivational awards can be costly to firms, rather than beneficial.

“Conscientious internally-motivated employees who were performing well before the award program was introduced felt the program was unfair, as it upset the balance of what was perceived as equitable or fair in the organization. So their performance suffered — not just in terms of their attendance but also through a motivational spillover that affected other areas of their work — including productivity,” he said.

Gubler said firms should carefully consider not only the benefits but also the costs of implementing such programs, and realize an award can cause the same issues as a bonus or other compensation.

“Employees value workplace fairness and they care about how they’re perceived relative to others in the organization. To be effective, companies offering award programs need to consider not only the group they are targeting — such as those that are coming late to work — but also those that are already doing the right thing, as there is a possibility of demotivating some of their best employees.”

Answer the following questions                                           ( 7.5 marks for each)

 

a. Does the role of reward power motivate employees to perform better? Express your views.

b. Awards are cheap and can provide a subtle way to motivate employees, these programs might be reducing firms’ overall productivity; Will the scenario be different in Indian context? Comment.

 

 

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Answer Scheme

 

B.COM V SEMESTER
HRM 607: industrial psychology and industrial relations
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. men and women differ in the type of leadership roles they assume in work groups: men display more task leadership and women exhibit more social leadership
– leadership styles vary by gender: women are more democratic and men are more autocratic and directive
– female and male leaders are equally effective
– men are perceived as more effective than women when the job is defined in masculine terms, and women are more effective than men in roles defined in less masculine terms
– male leaders are perceived as more effective than females when there are a greater percentage of male leaders and male direct reports; the same positive bias is not true for women leaders

 

  2. “presenteeism,” which is when employees show up for work and do the minimum required to get through their day
  3. The functions of the ILO

·         Include the development and promotion of standards for national legislation to protect and improve working conditions and standards of living.

·         The ILO also provides technical assistance in social policy and administration and in workforce training; fosters cooperative organizations and rural industries; compiles labour statistics and conducts research on the social problems of international competition, unemployment and underemployment, labour and industrial relations, and technological change (including automation);

·         And helps to protect the rights of international migrants and organized labour.

 

·         In its first decade the ILO was primarily concerned with legislative and research efforts, with defining and promoting proper minimum standards of labour legislation for adoption by member states, and with arranging for collaboration among workers, employers, government delegates, and ILO professional staff.

 

·         During the worldwide economic depression of the 1930s the ILO sought ways to combat widespread unemployment. With the post war breakup of the European colonial empires and the expansion of ILO membership to include poorer and less developed countries, the ILO addressed itself to new issues, including the social problems created by the liberalization of international trade, the problem of child labour, and the relationship between working conditions and the environment.

 

·         National representatives meet annually at the International Labour Conference.

 

  4. Traits of Leaders

• Intelligence• Physical Features• Inner Motivation• Maturity• Vision & Foresight• Acceptance of Responsibility• Open-Minded and adaptability• Self-confidence• Human Relations Attitude• Fairness and Objectivity

 

  5. Reward power: People comply with the wishes or directives of another because doing so produces positive benefits; therefore, one who can distribute rewards that others view as valuable as controlling pay rates, raises, and bonuses; or non financial –including recognition, promotions, interesting work assignments, friendly colleagues, and preferred work shifts or sales territories
  6. Social Loafing:  Choice of some members of a group to take advantage of doing less work, working slow.
  7. Industrial democracy

 

Workers are given the right of self-expression and an opportunity to communicate their views on framing the polices of the company.

 

In industrial democracy, worker are treated as responsible partners of the enterprise and are allowed to participate in the decision -making process through different methods.

 

The concept of industrial democracy is a complete departure from the traditional concept of autocratic management or one-man governance. “It means the application of democratic principal in managing industrial units.”

 

  8.

All India Trade Union Congress (AITUC)

Bharatiya Mazdoor Sangh (BMS)

  9. Cliques: These groups consist of colleagues and companions who normally observe certain   norms and standards. Object is to provide recognition and exchange information of mutual trusts.

 

  10. Cohesiveness:

The degree to which members are attracted to each other and are motivated to stay in the group. Some work groups are cohesive because the members have spent a great deal of time together or group’s small size facilities high interaction or group has experienced external threats that have brought members close together

SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. STAGES OF GROUP FORMATION AND DEVELOPMENT

 

Tuck man’s five stage model of group formation and development

1. Forming:  Individuals during the initial stage are not clear of the purpose. This stage is characterized by uncertainty and confusion. This stage is the initial source for intra-group conflicts as individuals feel that individual preferences shadowed by those of the group as well as other members of the group. Members are confused of the hierarchy and the control points.

2. Storming: This stage is characterized by conflict among.  The group members, confusion over relationship, hierarchy, purpose and direction. There would be conflict over the leadership objectives.

3. Norming: During this stage members are clear of their leader, group hierarchy, purpose of the group and group relationships. So members settle start cooperating and collaborating with each other develop close relationship among them and prefer to identify themselves with the group. Members formulate common goals and expectations of the group.

 

4. Performing: Group members during this stage exert all their energies towards functioning and performing the tasks in order to attain the group goals. They share their ideas, skills, knowledge.

5. Adjourning: Temporary groups like committees, teams reach this stage after completing their task which is purely temporary setup. This causes loss of friendship and effective leaders. Informal groups reach this stage rarely and that too in the long run.

 

  12. DISTRUBUTIVE VERSUS INTERGRATIVE BARGAINING

Bargaining characteristic Distributive bargaining Integrative bargaining
Goal Get as much of the pie as possible Expand the pie so that both parties are satisfied
Motivation Win/Lose Win/Win
Focus Positions (“I can’t go beyond this point on this issue”) Interests (“Can you explain why this issue is so important to you?”)
Interests Opposed Congruent
Information sharing Low (sharing information will only allow other party to take advantage) High (sharing information will allow each party to find ways to satisfy interests of each party)
Duration of relationship Short term Long term

 

 

  13.

How employees learn culture?

 

Culture is transmitted to employees in a number of forms the most potent being stories, rituals, material symbols, and languages.

Stories: Nike has a number of senior’s executives who spend much of their time serving as corporate story tellers. And the stories they tell are meant to convey what Nike is about. When they tell the story of how co- founder Bill Bower man went to his workshop and poured rubber into his wife’s waffle iron to create a better running shoe, they’re talking about Nike’s spirit of innovation.

Rituals: Rituals are respective sequences of activities that express and reinforce the key value of organization what goals are most important which people are important and which people are expandable. One of the better known corporate rituals is Wal – Mart’s company chant. Begun by the company’s founder Sam Walton as a way to motivate and unite his workforce “ gimme a W, gimme an A, gimme an L, gimme a squiggle, give me an M, A, R, T !” has become a company rituals that bounds Wal – Mart workers and reinforces Sam Walton’s belief in the imporantance of his employees to the company success. Similar corporate chants are used by IBM, Ericsson, Novell.

Material Symbols: The headquarters of Alcoa doesn’t look like your typical head- office operation. There are few individuals’ offices, even for senior executives. It is essentially made up of cubicles, common areas, and meeting rooms. The informal corporate headquarters conveys to employees that Alcoa values openness, equality, creativity, and flexibility. The layout of corporate headquarters the types of automobiles top executive are given and the presence or absence of corporate aircrafts is a few examples of material symbols. These material symbols convey to employees who are important the degree of egalitarianism desired by top management and the kinds of behavior that are appropriate.

Languages: Many organization and units within organization use languages as a way to identify members of a culture and in so doing help to preserve it.

Training

The first step to passing along your organizational culture is through training. With an effective teacher and strong written materials, the employee will immediately find himself immersed. Your selected trainer should reflect the best qualities of your organization. He should be able to accurately and effectively begin to pass the culture along to new hires. Your written material should be equally as strong, written in a tone that highlights the culture you want to pass along to new recruits.

Guidance

Early on, an employee may understand the culture of your organization, but he may be unsure of how to embrace it. Talk to your employees about what you expect from them, especially if it extends beyond their primary duties. If you expect your employees to get involved in the community, don’t just tell them — show them. Give them examples of ways they can contribute that will promote your company’s culture.

Incentives

At first, a new employee is not fully invested in promoting organizational culture. Initially, he will be in a period of adjustment, feeling out his new responsibilities. Providing incentives and rewards for participating in activities that foster organizational culture will have a two-fold effect. It will encourage him to better understand the organizational culture while giving him an example of exactly how it works. He will see that your organization promotes a culture that rewards employees for their work. Hopefully, he will pass this along to others while remaining in your employ.

 

  14. Strikes : Strikes are a result of more fundamental adjustments, injustices and economic disturbances. Strike is a temporary cessation of work by a group of employees in order to express grievances or to enforce a demand concerning changes in work conditions. Strikes are divided into three types .They are Primary strikes, secondary strikes and other strikes.

Primary strikes are generally against the employer with whom the dispute exists. They are :

(i) Stay Away Strikes: In this strike workmen stay away from the work place. They organize rallies, demonstrations, etc.

(ii) Stay-in or sit Down Strikes : In this strike, workmen come to the place , they stay at the work place but they don‘t work.

(iii) Tools Down, Pen Down Strike : Here the strikers lay down their tools in case of factory workers , office workers lay down their pens,

(iv) Token or Protest Strikes : It is of very short duration and is in nature of signal for the danger ahead. In this strike workers do not work for an hour or a day.

(v) Lightening or Wild cat strike : In this strike, the strike is done without any prior notice or with a shortest notice.

(vi) Go –Slow : In this strike, the workers intentionally reduce the speed of work.

(vii) Work to rule : In this strike, the strikers undertake the work according to rules or job description.

(viii) Picketing : It is an act of protesting by the workmen in front of the premises of the employer.

(ix) Boycott: It aims at disrupting the normal functioning of the enterprise.

(x) Gherao : It is a physical blockade of a target either by encirclement, intended to block from and to a particular office, workshop etc.

(xi) Hunger Strike : This type of strike is resorted to either by the leaders of the union or by some workers all at a time for a limited period or up to the period of settlement of disputes.

 Secondary Strike : Secondary strikes are against a third party. These strikes are sympathetic strikes.

 

  15. National Commission on Labor

 

National Commission on Labor was established by Central Government under the Labor Act 2003, Act 651, the Industrial Relations Act, 299 of 1965 and the Labor Decree of 1967 for the betterment of the labor forces in the country. All the laws which governed the industrial relations were brought into its ambit while a step was taken for the Commission formation.

 

Justice P.B. Gajendragadkar was the chairman of the first National Commission on Labor which was setup on December 24, 1966. The then National Commission on Labor submitted its report to the government in August 1969. The report it had submitted were mainly to deal with the factors which could examine various aspects and issues of the labor force especially the problems they would have faced. This Commission suggested mechanisms for both organized and unorganized sectors for which effective steps were taken.

 

Main purpose of setting up the National Commission on Labor was that country’s industrial relations come at the more organized manner and all sorts of disputes for settlements etc. are taken care of under the proper legal system. This Commission has causal relation with the Ministry of Labor and reports its Labor Department to improve the conditions of all labor forces.

 

 

Mandate

·         National Commission on Labor has been mandated to work and suggest all types of measures that could make things easier for the labor force.

·         The Commission has been given the powers to explore, evaluate and suggest measures which could prove worthwhile to make the life of the labor force worthwhile.

·         This Commission submits its reports to the Chief Labor Officer in the Ministry of Labor.

·         Some of the important mandates that are prescribed for National Commission on Labor include developing an effective process after thorough consultation with the various authorities concerned for development purpose to initiate a workable and effective national level voice of the labor force under the law which tackles all the issues concerned to them.

·         National Commission on Labor advises the Ministry of Employment and Social Welfare as well for thorough assessment of the conditions and welfare of the labor force in the entire country. Consultations continue and newer steps are taken for the betterment of system and governance.

·         As National Commission on Labor had been given the status of a statutory body which recommended changes in the labor laws its impact is powerful for the sustainable labor related reforms.

 

  16. The conflict process:

Stage1: potential opposition      Stage2: Cognition &      Stage3: Intentions      Stage4: Behavior      Stage5:Outcomes

 

SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                 
  17. CAUSES OR SOURCES GRIEVANCES

From a practical point of view, it is probably easier to list those items that don’t precipitate grievances than to list the ones that do. just about any factor involving wages, hours or conditions of employment has and can be used as the basis of grievances.

An employee is dissatisfied and harbors a grievance when he feels that there has been an      infringement of his rights, that his interests have been jeopardised.This sense of grievance generally arises out of misinteretation of company policies and practices.

Calhoon observes.”Grievances exits in the minds of individuals are produced and dissipated by situations, are fostered or healed by group pressures, are adjusted or made worse by supervisors, and are nourished or dissolved by the climate in the organization which is affected by all the above factors and by the management.”

(1)Concerning wages

àdemand for individuals adjustment; the worker feels that he is underpaid

àcomplaints above incentives; piece rates are too low or too complicated

àmistakes in calculating the wages of a worker

(2)Concerning supervisor

àcomplaints against discipline; the foreman picks on him; inadequate instructions given for job performance

àobjection to having a particular foreman; the foremen playing favorite; the foreman ignores complaints

àobjections to the manner in which the general methods of supervision are used; there are too many rules; regulations are not clearly posted; supervisor indulge in a great deal of snooping.

(3)Concerning individual advancement

àcomplaint that the employee’s record of continuous service has been unfairly broken

àcomplaint that the claims of senior person have been ignored; that seriously has been wrongly determined ;that younger worker have been promoted ahead of older and more experienced employee

àcharges are made that disciplinary discharge or lay-off has been unfair; that the penalty is too severe for the offence that is supposed to have been committed, that the company wanted to get rid of the employee; hence the charges against him

(4)General working conditions

àcomplaints about toilet facilities been inadequate; about inadequate and/or dirty lunch rooms;

àcomplaints about working conditions; dampness, noise, fumes, and other unpleasant or unsafe conditions, which can be easily corrected; overtime is unnecessary; an employee loses too much time because materials are not supplied to him in time

(5)Collective bargaining

àthe company is attempting to undermine the trade union and the workers who belong to that union; the contract with labour has been violated; the company does not deal effectively or expeditiously with union grievances

àthe company does not allow the supervisors to deal with, and settle, grievances of the employee

àthe company disregards precedents and agreements already arrived at the workers trade union.

In study undertaken by S.Chandra,the following causes have been given employee grievances

(1)promotions,(2)amenities.(3)continuity of service.(4)compensation,(5)nature of job.(6)disciplinary action,(7)fines,(8)increment,(9)leave,(10)medical benefits,(11)payment of wages,(12)acting promotion,(13)recovery of dues,(14)safety appliances,(15)superannuation,(16)supersession,(17)transfer(18)condition of work

Two American experts are of the view that there are three main factors which contribute to the grievances of the employee-management policies and practices, trade union practices and personality traits

NEED FOR A GRIEVANCE PROCEDURE

The adaptation of the grievance handling procedure is essential for a variety of reasons for example:

·         Most grievances seriously disturb the employees. This may affect their morale, productivity and their willingness to co-operative with the organization.

·         It is not possible that all the complaints of the employees would be settled by the first-line supervisors, there may be personality conflicts and other causes as well.

·         It serves as an outlet for employee gripes, discontent and frustrations. It acts like a pressure value on a steam boiler. The employees are entitled to legislative, executive and judicial protection and they get their protection from the grievance redressal procedure, which also act as a means of upward communication. The top management becomes increasingly aware of the employee problems, expectations and frustrations.

·         Trade union or the employees do not like the way the management functions, they can submit their grievance in accordance with the procedure laid down for that purpose.

 

  18. Preventive Measures Of Industrial Disputes

 

1]Labor Welfare Officer : Section 49 (1) and (2) of the Factories Act, 1948 specifies that every factory wherein500 or more workers are ordinarily employed at least one welfare Officer must be appointed, where the number of workers are in excess of 2500,the assistant and / or additional welfare officers are required to be appointed to assist the Welfare Officer .

The functions of Labor Welfare Officer includes :

(I) Labor Welfare Functions :Advice and assistance in implementing legislative and non-legislative provisions relating to :

(a)Health &Safety(b)Working conditions(c)Sanitation & Cleanliness(d)Recreation(e)Welfare Amenities(f) Workers Education(g)Services like Co-operative grain shops, housing cooperatives.(h)Formation of welfare committees.(i) Housing(j) Implementation of welfare Acts.

(II) Labor Administration Functions :These may cover:(a)Organizational Discipline(b)Safety & Medical administration(c)Wage& salary administration(d)Administration of Legislation covering Industrial Relations

(III) Labor Relations Functions: These may consist of :(a)Administration of standing orders.(b)Settlement of Grievances.(c)Settlement of Disputes through statutory procedures.(d)Trade unions& union management relations(e)Steps to increase productivity efficiency.

2]Tripartite and Bipartite Bodies :Industrial relations in India have been shaped largely by the policies and practices of Tripartite and Bipartite bodies. The purpose of consultative machinery is to bring the partners together for mutual settlement of differences in spirit of cooperation and goodwill. Bipartite consultative machinery comprises two parties i.e. employees and employer, the important bipartite body is works committees.

Works Committee : Works committees greatly contribute in prevention of industrial disputes. It is represented by an equal number of representatives of each party and the method of their appointment are also laid down in agreements or enactments. Objectives and Functions :(a)To promote industrial goodwill.(b)To secure cooperation from employers and employees.(c)To ensure the cooperation of private concerns.(d)To provide for a popular agency for supervising the management of nationalized undertakings.

For the successful working of the works committee, the employers are required to abstain from doing anything that is likely to hamper various facilities to workers. The Trade unions on the committees also have to abstain from doing things that upset the operations of the undertaking.

Standing Orders : Majority of the industrial disputes are related to conditions of employment. To prevent this, Standing orders are formulated. It was made obligatory that standing orders should govern the conditions of employment under the Industrial Employment (Standing Orders ) Act of 1946. The Standing Orders regulate the conditions of employment from the stage of entry to the stage of exit.

Grievance Procedure : Grievance generally arise from day – to- day working relations. Grievances of the employees are readdressed by the management. Management can prevent the occurrence of industrial disputes by solving the individual problems.

Collective Bargaining :Collective bargaining helps for settlement of issues and prevention of industrial disputes. It occurs when representatives of a labor union meet management representatives to determine employees wages and benefits, to create or revise work rules and to resolve disputes or violations of the labor contract.

Strong Trade unions :Trade union is the most suitable and effective agency to conduct collective bargaining on behalf of the workers. A powerful bargaining may be achieved by strong trade unions, which enable the workforce to maintain harmonious relations with the management.

Labor Co-partnership and profit sharing :Good industrial relations can be maintained through proper partnership and profit sharing; employer gives a portion of total profits to workers in addition to their normal wages. This sort of attitude of management would create psychological conditions favorable for industrial peace.

Joint Consultation : Joint Consultation involves a continuous relationship between labor and management and expects willingness of management and the participation of workers in discussing common problems of interest. This is the result of collective bargaining relations on a stable basis when parties know each other well and have a mutual trust.

Collective Bargaining:

Collective bargaining helps for settlement of issues and prevention of industrial disputes. It occurs when representatives of a labor union meet management representatives to determine employees wages and benefits, to create or revise work rules and to resolve disputes or violations of the labor contract. The bargaining is collective in the sense that the chosen representative of the employees (i.e. union ) acts as a bargaining agent for all the employees in carrying out negotiations and dealings with the management. On the employer side, it is collective in those common situations in which the companies have joined together in an employer association for the purposes of bargaining with a union.

 

  19. Scope, Principle and Techniques

Since Industrial Psychology is the study of people at work and is concerned with the entire spectrum of human. Its scope is the entire process of management dealing with people at work. There is hardly a field in industry where human understanding is not required; there is hardly a problem in industry and business where human aspect is not involved and hence there is hardly an area in which industrial psychology cannot play its role. Industrial psychology is a useful aid to the efficient management of people at work. The principles and techniques of industrial psychology may be applied to the following areas of management:

(1) Recruitment—Appropriate matching of job requirement with the employee’s abilities lead to reduction in the cost of hiring, supervision and production. Accurate job analysis, standardised application forms, scientific screening of applications, use of psychological tests for vocational fitness, final overall rating and continuous review and check-up of the entire programme are some of the spheres where the psychologist can make an important contribution several psychological tests may be developed for the proper screening of the people. In this way, psychology may help in recruiting the right man to the right job.

(2) Selection and Placement-Right man should be selected for the right job and industrial psychology helps in this effort also. It develops various devices such as interviews and psychological tests in order to achieve the objective of the selection. It also helps the placement of workers at different jobs scientific assignment of job is possible only with the help of industrial psychology.

(3) Executive Development and Training—A psychologist by studying and investigating managerial problems like delegation, communication and supervision vitalises the already practiced managerial psychology. Individual differences can well be measured by psychological study of the people for training purposes. Continuous and effective use of the capabilities of workers necessitates training of the workers and supervisors. Psychology determines what type of training should be given to the workers.

(4) Promotional Schemes—Why should a man be promoted or transferred or demoted or discharged. These employment situations should be based on abilities, usefulness and seniority. Performance appraisal is one of the psychological techniques to recognise the peoples’ ability mere seniority should not be the guiding principle for promotions.

(5) Motivation—The psychologists assume that the causes of different types of human behaviour in industry and business are the needs or the motives that drive an individual to behave in a particular way. Industrial psychology problems into behaviour of people at work to determine the conditions in which an individual or people at work to determine the conditions in which an individual feels motivated and is willing to work whole-heartedly to maximise the productivity. Industrial psychology has identified the financial and non-financial incentives which are used by the management to motivate the personnel.

(6) Attitude and morale—The psychologists have established the relationship between the attitudes of the employees and their performance. Psychological studies outline the major factors favourable or detrimental to good morale and give some class as to the steps which can be taken to give further understanding of needs, perceptions, satisfaction and motivation of people in relation to their working situations.

(7) Wages and salary administration-The wage rates in the industry should be fixed on some suitable and scientific formula. The psychologists have developed the techniques of job evaluation, merit-rating and job analysis as basis for rational wage and salary structure. Job evaluation and merit-rating are the techniques which evaluate the worth of the job and of the man respectively. Merit-ratings technique evaluates the men while the job analysis determines the job description and worth of the job.

(8) Human relations—Human relations may briefly be described as the relations or contacts among individuals in an organisation and the group behaviour that emerges from these relations. The modern industrial psychologists treated people in industry as human being and have made significant contribution to industrial management by developing concepts and techniques of effective leadership. They suggest the possible ways and means to solve the industrial strife.

(9) Human engineering-It is designing and laying out equipment in order to get the greatest efficiency of man-machine system. The industrial psychologists working in human engineering provides data on which management can decide to improve the design and the product for the comfort and to increase the sale to the satisfaction of customers. It also helps in reducing machine breakdowns, wastage of raw materials and training time to workers, to minimise accidents and introduce better performance and job satisfaction. Industrial psychology has humanised the management and opened the way to a much fuller utilisation of the human factor in industry.

(10) Accident prevention—The psychological studies show that 98% of the accidents in industry are preventable. It means personal or psychological factors play an important role in any programme of accident prevention. Monotony and fatigue studies help in minimising the accidents. Psychologists have made the contribution of signals to the development of safety programme and the preservation of human factor in industry.

 

  20. Industrial Relations

encompasses a set of phenomena, both inside and outside the workplace, concerned with determining and regulating employment relationship Relationship between management and employees or among employees and their organization that characterize and grow out of employment.

 

Objectives

 

·         To enhance economic status of worker

·         To avoid industrial conflicts and their consequences

·         To extend and maintain industrial democracy

·         To provide an opportunity to the worker to have a say in the management decision making

·         To regulate production by minimizing conflicts

·         To provide forum to the workers to solve their problems through mutual negotiations and consultations with management

·         To encourage and develop trade union in order to develop workers collective strength

 

 

Approaches To Industrial Relations

 Unitary Approach

is grounded in mutual cooperation, individual treatment, team work and shared goals. Work place conflict is seen as temporary aberration, resulting from poor management Employees who do not mix well with organization culture Unions cooperate with the management. Management’s right to manage is accepted because there is no ‘we they” feeling Underlying assumption is that everyone benefits when the focus is on common interest and promotion of harmony. Based  on reactive strategy. Direct negotiation with employees. Participation of Govt, tribunals and unions are not sought or are seen as being necessary for achieving harmonious employee relation

Pluralism (Conflict Approach )

Pluralism is belief in the existence of more than one ruling principle, giving rise to a conflict of interests. The pluralist approach to IR accepts conflict between management and workers as inevitable but containable through various institutional arrangements ( like collective bargaining, conciliation and arbitration etc) and is in fact considered essential for innovation and growth. It perceives organizations as coalitions of competing interests , where the management’s role is to mediate among the different interest groups. It perceives trade unions as legitimate representative of employee interests It also perceives stability in IR as the product of concessions and compromises between management and unions. Employees join unions to protect their interests and influence decision making by the management. Unions thus balance the power between management and employees. In pluralistic approach a strong unions is not only desirable but necessary

Marxist Approach

Marxists like pluralists also regard conflict as inevitable but see it as a product of capitalistic society where as pluralist believe that the conflict is inevitable in all organizations For Marxists IR has wider meaning. For them conflict arises not because of rift between management and workers but because of the division in the society between those who own resources and those who have only labor to offer. Marxist approach thus focuses on the type of society in which an organization functions. Industrial conflict is thus equated with political and social unrest. Trade Unions are seen both as labor reaction to exploitation by capitalists, as- well-as a weapon to bring about a revolutionary social change. Wage related disputes as secondary For them all strikes are political and they regard state intervention ( via legislations and creation of Industrial Tribunals ) as supporting management’s interests, rather than ensuring a balance between the competing groups.

Systems Approach

a social sub-system within the economy &  contexts (influences actorspoliticalsystems Components& constraints on decisions &  rules – regulatory elements i.e. the terms ideology – beliefs affecting actor views – shared or in conflictaction e.g. market, technology, demography, industrial structure) & nature of the employment relationship developed by IR processes

Other Approaches Of Industrial Relations ( Different Schools Of Thought )

Psychological Approach Differences in the perceptions of labor and management with factors influencing their relations i.e. wages. Benefits, services and working conditions etc Dissatisfaction compels workers to turn aggressive and resort to strike, lockouts and gherao etc.

Sociological approach Sociological factors such as value system, customs and traditions etc affect the relations between labor and management

Human Relations Approach Human behavior is influenced by feelings, sentiments and attitudes. As per this approach humans are motivated by variety of social and psychological factors like economic and non-economic awards to be used.

Giri Approach Collective bargaining and joint negotiations be used to settle disputes between labor and management. Outside interference to be avoided.

Gandhian Approach workers right to strike but cautioned that this right be exercised in just cause and in a peaceful and non- violent manner for minimum wages etc like ‘satyagrah’- Non violent non- cooperation

 

 

 

  21. MEASUREMENT AND EVALUATION OF MORALE

A properly designed programme has, thereof to be utilized to test the morale of individuals. The most commonly used methods for measuring morale are :

i)                   observation

ii)                 attitude or morale surveys

iii)              company records

iv)               counseling

 

i)                   Observation – by this method executives observe the behaviour of their employees listen to them they talk and note their actions the shrugging of shoulders a change in facial expression a shuffling of feet a nervous futtering of hands a change in work habits or avoidance of company. Any departure or deviation from the normal is likely to tell them that something is wrong and needs to be set right.

ii)                  Attitude of morale surveys

a)      Interview method – by this method employees are interviewed so that a judgment may be arrived at about their feeling and opinions about different aspects of their jobs and company for which they work. An interview may be face- to –face affair; it may be oral; may be in the form of an evaluation that is put down in writing. If interview are to be relied upon, they must be employer – oriented.

b)     The Questioner method – this method is generally used to collect employees opinions about the factors which affect morale and their effect on personal objectives. Morale attitude surveys are generally conducted with a view to :

1.      finding out what employees really think.

2.      finding out about the kind of education and information they need.

3.      improving morale and keeping a check on the effectiveness

4.      determining the training needs of employees

5.      finding out what employees really like.

iii)              Company records and reports: these are usually prepared by the personnel department at regular intervals with the assistance of supervisors and department heads. The records and reports provide the following information:

Examples :(a)the number of workers who quit their jobs or are released every month or year in relation to the total work force-that is, labour turnover;

(b)the number and kinds of worker grievances communicated to supervisors or other  personnel, besides the suggestions received from employees for changes or improvements in company policies;

 (c)the quantity and value of spoilt goods and rejects, and the complaints of tht customer resulting from the substandard quality of products because of the carelessness on the part of workers; and

(d)personal interviews, ratings by supervisors, and information gleaned

iv)               Counseling: this method is used to find out the causes of the dissatisfaction of the employees and to take personal matter.

Warning signs of low morale

Perceptive managers are, therefore, constantly on the lookout for clues to any deterioration in the morale of the employees.

Among the more significant of the warning signals of low morale are:

1) Absenteeism

2) Labour turnover

3) Strike

4) Lack of pride

5) Wastage and spoilage

 

IMPROVING MORALE In the first place, it is essential to change the policy or to correct it immediately. Employees do not there respect for the boss who admits his mistake; but they cannot respect one who makes to many. Second, misconceptions should be removed, and the position should explained to be employees. Third, a reasonable attempt should be made to educate and convince the employees. Fourth, a morale-building programme should be based on a clear conception of the theory that underlines it. For example

1) Leadership

2) Policies and conditions

3) Effective communication channels suitable, consistent, equitable reward.

4) Training for employees

5) Specific performance goals

6) feed- back

Positive measures for high morale

1)      creation of whole jobs: job should be enlarged-that is, the complexity of a job should be increased so that it may appeal to their higher needs.

2)      Job enrichment: this involves a greater use of the factors which are intended to motivate the worker rather than to ensure his continuing satisfaction. Job enrichment also opens up for the employee and opportunity for greater recognition, growth, advancement and responsibity.

3)      Building responsibility into a job: employees should be encouraged to take risk decision. This can be ensured by delegating authority to them.

4)      Modifying the work environment: this involves the use of teams of work groups; developing the social contact of the employees; the use of

5)      Music;  regular rest breaks.

6)      Flexing working hours: that is, introducing flextime and flexible working hours so that an employee may have enough time look his children and his family as well as after his personal affairs. In this manner, the rate of absenteeism can be reduced.

7)      Job sharing or twinning: under this system, two workers divide a full-time job between themselves, splitting not only the hours of work but also the salary. Husband and wife, are old persons may prefer this procedure for sharing the job.

8)      Rotation of jobs: job rotation helps to reduce an employee`s boredom which arises out of the monotonous nature of his work. By the adoption of his procedure, jobs may also be found for mentally retarded and physically handicapped persons.

Imaginative managers can develop many more ways of making a job interesting for their jobs.

To ensure the success of morale-building techniques, it is essential to have top management support for them. Supervisors and employees are generally educates people. A climate of trust an understanding should, therefore, be created.

 

SECTION – D
IV) Case Study                                                                                                              (1×15=15)                                                                                          
  22 The answers could be marked as per the content and relativity with the  subject by the concerned evaluator.

 

 

 

St. Joseph’s College of Commerce VI Sem Auditing (Elective P-Iii: Accounts) Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.COM – VI SEMESTER
 ACC 605 : AUDITING (ELECTIVE P-III: ACCOUNTS)
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. What is meant by Corporate Governance?
  2. What does SA 620 deal with?
  3. What is VAT? State its purpose?
  4. What is meant by Service Tax and who is liable to pay?
  5. State the objectives of AASB (India).
  6. What does Section 31 of the KVAT Act, 2003, State?
  7. State any 2 difference between a black-box and a white box approach?
  8. What are the relevant factors used by auditors to evaluate the expert’s work in providing audit evidence?
  9. What is an Audit Committee?
  10. State the Engagement Standards of AASB (India).
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Explain the procedure in setting up the auditing standard board in India.
  12. State the responsibilities among the joint auditors as per SA 299.
  13. Explain EDI in auditing.
  14. State when the Input tax credit will be available for the taxable goods purchased.
  15. State in detail the types of market under NEAT system?
  16. Determine the need of an Audit Expert as per SA 620
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Briefly explain deductions under: a) 35D b) 35E c) 80HH d) 80 HHA e) 80HHC
  18. State in brief the various considerations for agreement between the Auditor and an Auditor’s External Expert.
  19. State in detail the factors that may affect external auditors in determining if the work of Internal Auditors is adequate or not  for the purpose of the audit as per SA 610
  20. Briefly explain as to why an auditor should have adequate knowledge about important aspects of functioning of stock exchanges and also the manner in which the transactions are entered into by the members of stock exchange.
  21. Briefly explain the various approaches to auditing in a CIS environment?
 

 

SECTION – D

 

IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                           
  22. As an auditor, you are asked to audit the Service Tax of the company.  What are the different areas that you would consider in presenting the report while auditing the Service Tax and what is the role played by you in auditing the service tax.

 

 

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St. Joseph’s College of Commerce IV Sem Theory And Practice Of Banking Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – MARCH/APRIL 2016
B.COM – IV SEMESTER
C1 12 403: THEORY AND PRACTICE OF BANKING
Duration: 3 Hours                                                                                             Max. Marks: 100
SECTION – A
I) Answer ALL the questions.  Each carries 2 marks.                                        (10×2=20)
  1. Differentiate between RTGS and NEFT.
  2. What is a scheduled bank?
  3. What do you understand by the term sukuk?
  4. What is the impact of BASEL Norms on Indian Banking System?
  5. Mention the circumstances under which banker can disclose information of customer’s account.
  6. Who can cross a cheque?
  7. What is NPA? Give examples.
  8. What are the modes of creating charge on security?
  9. What is ECS? Is it same as Electronic Money?
  10. Define the term banking.
SECTION – B
II) Answer any FOUR questions.  Each carries 5 marks.                                      (4×5=20)
  11. Write short notes on earning assets of banks.
  12. What is Investment Banking? Write its functions.
  13. How are the rights of a banker classified? Explain.
  14. What is a promissory note? Point out its features.
  15. Spell out the principals of sound lending.
  16. Write a short note on Payment Gateways.
SECTION – C
III) Answer any THREE questions.  Each carries 15 marks.                                (3×15=45)                                                                                                
  17. Describe the functions of a commercial bank.
  18. Explain in detail, the credit control measures adopted by the Regulatory Authority of RBI.
  19. Who is a Paying Banker? Illustrate the precautions to be taken as Paying Banker in order to protect the customer’s interest while making payment of his cheque.
  20. a. How are the early warning signals of NPA classified?

b. How can a bank manage NPA successfully?

  21. What is risk? Explain the different types of risk with relevant examples.
 

 

 

 

 

SECTION – D

 

IV) Case Study – Compulsory question.                                                                (1×15=15)                                                                                           
  22. In your role as the Branch Manager of a bank, how will you deal with the following situations? Give your reasons:

 

  1. Your customer sends a crossed cheque drawn by A in favour of your bank, for crediting to his account with you.
  2. D presents for encashment an uncrossed cheque payable to him or bearer and refuses to endorse the cheque. Will it make any difference if the amount is small?
  3. A bill dated 29th January, 2016 payable after a month (without grace) remains unpaid on the 28th of February, 2016.
  4. Mrs. Radha Dev sends for the credit of her account with you, a cheque drawn in favour of Mrs. R Dev and endorsed by her as Mrs. Radha Dev.
  5. A firm having A, B and C as partners enjoys an overdraft limit of Rs. 1 lakh with the bank. A communication is received by the bank that A died on the 15th of January, 2016. On 20th of January, 2016 two cheques signed by the deceased partner on 9th January, 2016 are presented for payment.

 

 

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St. Joseph’s College of Commerce IV Sem General English And Business Communication Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)
END SEMESTER EXAMINATION – MARCH / APRIL 2016
B.COM – IV SEMESTER
C1 14 4 GE: GENERAL ENGLISH AND BUSINESS COMMUNICATION

Duration: 3 hours                                                                                             Max.  Marks: 100

Section – A

  1. Read the below passage and answer the following questions.                    (20marks)

Will the GATS close on higher education?

In a GATS regime, there would be no means of ensuring that only high-quality universities enter the fray to set up shop, nor would there be any means of controlling the cost of education they provide

After extended talks in Nairobi, India and other member countries of the World Trade Organisation (WTO) signed the ministerial agreement on December 19. At the forefront of the talks was India’s struggle to get developed countries to agree to reduce their food subsidies, which are perceived to be adversely affecting farmers from developing nations. India and the U.S. resolved differences over public stockholding of food grains, with the U.S. agreeing to an indefinite “peace clause” which protects member countries from being challenged under other WTO agreements. The document released by the WTO also states that developed countries will remove export subsidies immediately, while developing nations will do so by 2018. Almost everything that has been agreed upon has qualifiers and is time-bound, and all this will be discussed by experts. But what has been stunning in the agreement is the lack of dialogue and social concern about the General Agreement on Trade in Services (GATS) agenda — of offering for global trade, as commodities, services such as higher education; health; life insurance; research and development in the physical sciences, social sciences, humanities; and so on.

The WTO document refers to a waiver, according to which the non-least developed country (LDC) members can give preference to services and service providers from LDCs. This will be in place for another 15 years. India is categorised as a developing country, a non-LDC. As of now, 35 countries which have been classified as LDCs by the United Nations have become members of the WTO, with Afghanistan being the latest to join as a member during the Nairobi conference. Commerce Minister Nirmala Sitharaman has said that India has negotiated hard to ensure that the interests of the LDCs and the developing countries are kept at the centre of the WTO agenda. With India looking to play a greater role in the South Asian region, this might be a persuasive argument. But while this is laudable, there are other pieces to the puzzle that do not add up.

India has the youngest population in the world. With half its people below the age of 25, it faces the challenge of educating its youth and preparing them for taking up employment both within the country and outside. In this context, it has been mooted that the entry of foreign education providers would help in a big way. Also, while such educational exchanges have already been happening, they have largely been unregulated. The usual argument favouring entry into the GATS rests on the need for foreign support in educating Indian youth and for regulating this as a trade. But much lies beneath these simple arguments. Talk of increasing the Gross Enrolment Ratio in Higher Education from the present 13 per cent to 30 per cent by 2020 may, for instance, remain a pipe dream.

A level playing field is what the GATS would enforce, but the field would be level only for the traders, not for society at large. In a country like India where a large fraction of people are still first-generation learners, ensuring equitable development is paramount. Yet, when education is treated as a tradable commodity, there can be no concessions on social justice mores. The government cannot even continue to subsidise its own institutions or support needy students through scholarships or reservation policies, as those would be interpreted as unfair trade practices. Hard-won policies of equity and constitutional guarantees would be reduced to mere rhetoric. Any disputes that arise in this regime would have to be referred not to the judiciary but to the WTO’s Dispute Settlement Body.

A horror story

The middle class cannot be too overjoyed either that the flouting of reservation norms would mean greater opportunities for them. In a GATS regime, there would be no means of ensuring that only high-quality universities do not enter the fray to set up shop, nor would there be any means of controlling the cost of education they provide. This has all the makings of a horror story in a country where education loans have become morale-sapping burdens in the process of acquiring the advantage of higher education, and student suicides happen frequently.

Developed countries with ageing populations, and which thus have a growing skill crunch, may try to succeed in siphoning away students from the affluent section, who manage to acquire skills, for employment. This will come at a cost, as it would also exacerbate the brain drain issue.

These offers are not new; they were made in 2005. However, these issues have not been taken up for re-examination, and, as a result, they have slowly been relegated to the back seat of public discourse. To be sure, the GATS works on the principle of progressive liberalization. It is unlikely that once an offer is made, it can be withdrawn in the next round of negotiations. Any withdrawal of, say, a sector or sub-sector, can only be compensated by making a comparable offer involving another sector.

The government has already been trying to introduce education reforms that indicate its own willingness to adopt the GATS agenda in education. These include the four-year undergraduate programme, the choice-based credit system, cutting down on the non-National Eligibility Test fellowships, and research funding. All of this has been met with opposition from the student community and educationists. But that was at a time when there was no international agreement binding the government from acting, or even rolling back decisions not popular with the stakeholders. All this leaves us with the big question: how can a democracy protest for its rights when its government has relinquished its power to concede?

  1. According to the above article what has been the significant achievements of GATS regime?                                                                                      (5 Marks)
  2. In commenting on GATS the writer also says that “…there are other pieces to the puzzle that do not add up.” What are these ‘other pieces of the puzzle’?

(5 marks)

  1. What are the relationships between globalization, trade and service agreements between nations and higher education? Comment with respect to the Indian context.  (10 Marks)

Section – B

  1. II) Answer the following questions in about 150 words each    (2×10=20)

4. “…I felt so sick, so miserable, so ashamed, somehow. Alongside of me, not three yards away, lived a human creature who had nobody in the world to treat her kindly, affectionately, and this human being had invented a friend for herself.” These lines convey the message that Mr. student revaluated his judgmental attitude and quick dismissal . Why do we become pre judgmental about people around us? How does this attitude hinder socialization?

  1. Is Anna and Gurov’s relationship simply a case of emotional infidelity? What does “The Lady with the Dog” say about relationships?

Section-C

III. Answer the following questions in about THREE paragraphs each.   (2×10=20)

  1. Suicide is an important theme inHamlet. Why does Hamlet believe that, although capable of suicide, most human beings choose to live, despite the cruelty, pain, and injustice in the world? (“To be, or not to be” soliloquy (III.i.56–88).

 

  1. ‘The seven stages of human life is a concept first devised by the ancient Greek philosopher Claudius Ptolemy. Ptolemy believed that the structure of the universe is dominated by spheres and therefore associated the classical planets with stages of life. The association of each planet and stage of life relates closely to the speed of their movement around the zodiac. The fastest sphere is associated with birth, and the slowest is associated with the last years of life’. The picture represents these stages. Discuss this image with respect Shakespeare’s soliloquy in ‘As You Like It’.

 

Section –D

  1. Answer the following questions.          (2×15=30)
  2. Create a print advertisement for the product of your choice and draft a sales letter.
  3. Draft a report
    You are a member of a committee that is campaigning for an international sports competition to be hosted in your home town. You have received the following memo:

To: Committee members
From: Chairman
I would be grateful if all members could write a short report giving their views on the following points:

  1. why our town would be a suitable host for the competition
    b. any objections to our campaign and how we can overcome them
    c. suggestions as to how we can make the best use of our budget
  2. Answer the following questions. Each carries 5 marks. (2×5=10)
  3. Discuss the various means of advertisements.
  4. Draft a notice for a team meeting to discuss the product launch.

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