St. Joseph’s College of Commerce M.Com. 2011 II Sem Business research Methodology Question Paper PDF Download

St. Joseph’s College of Commerce    (Autonomous)

END SEMESTER EXAMINATION – APRIL 2011

M.Com. – II Semester

Business Research Methodology

 

Time: 3 hrs.                                                                                                       Max. Marks: 100

SECTION – A

 

I)Answer any TEN questions from the  following fifteen:                               (10 x 2 = 20)

 

(Your answers have to be precise, max. four sentences!)

  1. What is the purpose of literature survey? What is meant by ‘Research Gap’?
  2. What is Exploratory Research? How is it different from Pilot Study?
  3. Define: Intervening variable and Moderating Variable with a simple example
  4. What is Likert Scale? Why is it called a Summated Scale?
  5. Explain Stratified Random Sampling.
  6. What is a dichotomous question? How is it different from a polytomous question?
  7. How does a ‘construct’ differ from a ‘concept’?
  8. Judgemental or Purposive Sampling.
  9. Define deontology and relativism in business research.
  10. How is Causal Research different from Ex Post Facto research?
  11. Explain with an example: Variable and Parameter of Interest in a population.
  12. What are ‘Outliers’? How do they affect data interpretation?
  13. What are the two main reasons for Sampling Error?
  14. What is Data Mining? What is its ultimate goal?
  15. Give any two common methods of Projective Techniques.

 

SECTION – B

 

  1. II) Answer any FOUR questions from the following six: ( 4 x 5 = 20)

 

(Your answers have to be analytical and to the point!)

 

  1. Explain the Management Research Question Hierarchy (MRQH) with an example, in which you play the role of a beleaguered Advertisement Manager of a news paper.
  2. What do you understand by the F-distribution? Give a simple explanation of ANOVA and its use.
  3. Explain with a simple example each and using graphs: Frequency Polygon and Ogive.
  4. What are Secondary Data? What are the methods used in collecting them?

What are their advantages and disadvantages?

  1. What are Multi-variate analytical tools? Name at least two each used for parametric and non-parametric analysis respectively, briefly giving examples.
  2. Are the following Nominal, Ordinal, Interval or Ratio data? Why? Explain your reasoning briefly:
  • Temperature measured on the Kelvin scale

 

(b) Military ranks

(c) Social security numbers

(d) Number of passengers on a flight from Mumbai to Delhi.

(e) Code numbers given to the religion of persons.

 

SECTION – C

 

III)Answer any THREE questions from the following five:                             (3 x 15 = 45)

 

(Your answers have to be descriptive and of essay type!)

 

  1. “The interview is a very widely used means of primary data collection and is central

to most Research  Designs” – elaborate! What are the different methods and types        of interviews?

What are the pre-requisites and basic tenets of interviewing?

What are the advantages and disadvantages of interviews in data collection?

What are the issues of subjectivity and objectivity in interviewing?

 

  1. What are “Scales” of measurement in Research Methodology? What are the three main

characteristics of good measurement? Classify and describe the different types of

Scaling techniques, giving an example to explain each one.

What are the three main errors which occur in Scaling?

Construct a “Stapel Scale” for the rating of Infosys as a global leader for any three

attributes.

 

  1. Explain in detail “Regression Analysis” and “Correlation” with an example each.

What are the main differences between Regression analysis and Correlation analysis?

What are Scatter-plots? What is meant by “goodness of fit”?

 

  1. What is research? What are the various steps involved in planning the research

process?

What are the main headings of a good “Research Proposal”? Write a Research Proposal

based on a hypothetical research problem in a business organisation – you can choose

your problem from any area of management.

 

  1. Give at least four valid reasons for using Sampling in research. Explain in detail at

least nine different methods of sampling techniques used under the two broad

headings: Random and Non-random sampling, giving an example for each method.

 

SECTION – D

IV)Answer any ONE question from the following two:                              ( 1 x 15 = 15)

 

(1) What do you understand by the expression: “Probability Sampling Distribution”? Explain by means of the typically used Frequencies vs. Variables Uni-modal Graph.

Explain briefly the terms: Confidence Interval, Central Limit Theorem, One-tailed and Two-tailed Tests and Degrees of Freedom.

What is a Student “t-test”?

Solve the following problem using the “t-test”:

A manufacturer of car batteries claims that the average capacity of a certain type of battery that the firm produces is at least 140 AH (ampere hours) with a standard deviation of 2.66 AH. An independent sample of 20 batteries gave a mean of 138.47 AH. Test at 5% level of significance the null hypothesis that the mean life is 140 AH against an alternative that is lower. Can the manufacturer’s claim be sustained on the basis of the sample?

 

Help:

(i) The t-test Formula can be written as: t = (  x̄  –  μ Ho) / [ s /sqrt (n) ]

(ii)From the Distribution Table: Given α = 0.005,  for 19 D.F. the Critical Value of  t = +/- 1.729

OR

 

(2) What is meant by Hypothesis Testing? Explain with a simple example: Null Hypothesis and Alternative         Hypothesis. Briefly explain: (a) Level of Significance, (b) Decision Rule, and (c) Type I & Type II Errors.

 

What are Non-Parametric Tests of Significance? Explain Chi Square (c²) Test with a simple example. What are the steps in using the Chi Square (c²) Test in Hypothesis Testing?

 

Solve the following problem using the “c² – test”:

“The frequency of farms depending mainly upon raagi crops for an income is not related to underlying soil type.”

 

(A) State Ho and H1.

(B) Draw the necessary tables and work out the problem systematically

 

Data:

Area    Soil Type                   Number of raagi Farms

 

I           Marl                2

II          Chalk              10

III        Sandstone      8

IV        Clay                2

V         Limestone     4

 

Help:

(i)  The c² Formula can be written as: c² = Sigma (O –E) ² / E

(ii) The Table of Critical Values for c² shows that with D.F. = 4, the Critical Value of c²  is 9.49 at α = 0. 05

 

 

 

St. Joseph’s College of Commerce M.Com. 2011 II Sem Advanced Management Accounting Question Paper PDF Download

St. Joseph’s College of Commerce (Autonomous)

End Semester Examination – April 2011

M.Com – II semester

Advanced Management Accounting

Time : 3 hrs                                                                                                    Max. Marks: 100

Section – A

I)Answer ALL the following questions.                                                           (10×2 = 20)

 

  1. What is capital rationing?
  2. What are the uses of benchmarking? In what areas is it applicable?
  3. What is marginal costing?
  4. What is essence of beta in CAPM model.
  5. What is present value annuity factor?
  6. What are the steps towards implementing an activity based costing system?
  7. What are applications of marginal costing?
  8. Write the meaning of synergy.
  9. What are the four perspectives of balance score card?
  10. What are the various pricing strategies?

 

Section – B

II)Answer any FOUR out of SIX questions.                                         (4 x 5 = 20)

 

  1. What is a arms length principle? Explain the methods of transfer pricing.

 

  1. What is performance measurement? What are the various techniques of measuring financial performance?  Explain any two.

 

  1. A company has prepared the following budget of sales:
Product Sales PV ratio(%)
A

B

C

6,00,000

9,00,000

10,00,000

40

30

25

 

You are required to revise the sales mix to ensure a profit of Rs. 10,000 in such a way that not more than Rs. 8,00,000 of sales of product A is possible and that the present total value  of sales should not be altered.

 

  1. A company engaged in plantation activities has 200 hectares of virgin land which can be used for growing jointly or individually tea, coffee and cardamom. The yield per hectare of the different crops and their selling price per kg are as under:
  yield Selling price per kg
Tea

Coffee

cardomom

2,000 kg

500

100

Rs. 20

40

250

The relevant cost data are given below

Variable cost per kg

  Tea (Rs.) coffee(Rs.) Cardamom(Rs.)
Labour charges

Packing materials

Other costs

8

2

4

10

2

1

120

10

20

 

Fixed costs per annum

Cultivation and growing cost Rs. 10,00,000

Administration cost Rs. 2,00,000

Land revenue Rs. 50,000

Repair and maintenance Rs. 2,50,000

Other costs Rs. 3,00,000

The policy of the company is to produce and sell all the three kinds of products and the maximum and minimum area to be cultivated per product is as follows:

  maximum Minimum
Tea

Coffee

cardomom

160 hectares

50

30

120 hectares

30

10

Calculate the most profitable product mix and the maximum profit which can be achieved.

 

  1. Fill in the blanks for each of the following independent situations
  A B C
Selling price per unit

Variable cost as % of selling price

No. of units sold

Marginal contribution

Fixed costs

Profit/loss

?

60

 

10,000

20,000

12,000

?

Rs. 50

?

 

4,000

80,000

?

20,000

Rs. 20

75

 

?

?

1,20,000

30,000

 

  1. Explain the concept of marginal costing? Describe the characteristics and limitations of marginal costing?

 

 

Section – C

III) Answer any THREE out of FIVE of the following questions.                 (3 x 15 = 45)

 

  1. Relevant data relating to a company are
Particulars P Q R Total
Production and sales (units)

Raw materials usage in units

Raw material costs

Direct labour hours

Machine hours

Direct labour costs

No. of production runs

No. deliveries

No. of receipts

No. of production orders

60,000

10

50/-

2.5

2.5

16/-

6

18

60

30

40,000

10

40/-

4

2

24/-

14

6

140

20

16,000

22

22/-

2

4

12/-

40

40

880

50

 

 

24,76,000

3,42,000

2,94,000

 

60

64

1080

1000

Over heads

  • Set up Rs. 60,000
  • Machines- Rs. 15,20,000
  • Receiving – Rs. 8,70,000
  • Packing Rs. 5,00,000
  • Engineering Rs. 7,46,000

The company operates a JIT inventory policy and receives each component once per production run.

Required:

  • Compute the product cost based on direct labour hour recovery rate of overheads
  • Compute the product costs using activity based costing

 

  1. What is business process re engineering? Explain its methodology.
  2. Explain the concept of balance scorecard and its applications.

 

  1. Mars are manufacturing three products. The cost details are as follows:
Particulars Product A  Rs. Product B Product C
Direct materials

Direct labour

Direct expenses

Selling price

No. of units sold

Total contribution

Less : fixed costs

Profit

4 units 12

5

8

35

20000

2,00,000

 

5 units 15

6

9

40

40000

4,00,000

6 units 18

6

11

50

20,000

3,00,000

7,50,000

1,50,000

 

The direct materials were all imported.  Due to foreign exchange restrictions, henceforth the company can import only 3,00,000 units of raw materials.  The company can produce in all 1,00,000 units maximum.  However they can market only 20,000 units of product A and C each.  There is a local substitute material which is available at a price of Rs.3.75 per unit.  Besides, the company has to spend Rs. 50,000 on intermediaries and consumables, if local substitute material is used in the production process.  There was also a third party who was willing to take a part of the plant on lease up to 50,000 units capacity of B and willing to pay lease charges of Rs. 2,75,000.

You are required to advise the management

  • What should be the quantum of production/sales mix of products with existing import restrictions
  • Whether the company can optimize production of 1,00,000 units with local substitute materials
  • Whether the company can enhance profits by leasing out a part of the plant to the third party and restricting its own production?

 

  1. S ltd has Rs. 10,00,000 allocated for capital budgeting purpose. The following proposal and associated profitability indexes have been determined.
Project Amount Rs. Profitability index
1

2

3

4

5

6

3,00,000

1,50,000

3,50,000

4,50,000

2,00,000

4,00,000

1.22

0.95

1.20

1.18

1.20

1.05

Which of the above investment should be undertaken?  Assume that projects are indivisible and there is not alternative use of the money allocated for capital budgeting.

 

  1. As an investment manager you are given the following information
  Initial price Rs. Dividends Rs. Market price at the year endRs. Beta
Investment in equity shares of

Cement ltd

Steel ltd

Liquor ltd

Government of India bonds

 

 

25

35

45

1000

 

 

2

2

2

140

 

 

50

60

135

1005

 

 

0.8

0.7

0.5

0.99

Risk free return may be taken at 14%

You are requested to calculate

  • Expected rate of returns of the portfolio in each using CAPM
  • Average return of the portfolio.

 

Section – D

 

  1. IV) Answer the following question. (15 marks)

                                                                       

  1. Lacquer Painters undertake painting jobs of cars, scooters,, buses etc. the pain materials of desired shades are purchased from market and then painted by spray gun in paint shop by skilled painters. The budget for next year is given below:
  Rs.
Paint materials 100 kilo litres

Direct labour 25000 hours

Total variable costs

Fixed overheads

Total expected costs

Profit 25%

Expected job work revenue

15,00,000

5,00,000

10,00,000

20,00,000

50,00,000

12,50,000

62,50,000

The firm always faced problems in getting paint materials from markets as the customer needs only a particular shade .  the skilled labour is also sometimes not available due to rush of jobs.

A customer wants to get his moped painted urgently.  It is estimated that one litre  paint is sufficient for painting the moped.  Four labour hours will be required to complete the job.

Required

  • What should be the painting charges if fixed costs are absorbed on the basis of variable costs and profit at 25% on total costs
  • What should be the charges in case the paint material is a limiting factor
  • What should be the charges in case the skilled labour is a limiting factor
  • Which price out of above three would you recommend to the customer and why
  • Would your answer to (4) above differ if the customer has no urgency?