ALAGAPPA UNIVERSITY SOLVED ASSIGNMENTS

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ALAGAPPA UNIVERSITY SOLVED ASSIGNMENTS

              Internal Assignment

                                     Quantitative Techniques

1. What is time series analysis? What are the uses of interpolation & extrapolation? Explain the systems orientation in developing a model?

Ans. Time series analysis is a specific way of analyzing a sequence of data points collected over an interval of time. In time series analysis, analysts record data points at consistent intervals over a set period of time rather than just recording the data points intermittently or randomly. However, this type of analysis is

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2. What are explicit & implicit functions? Explain Cobb Douglas Production Function? Explain the term feasible region?

 

Ans ‘Explicit’ Meaning: To be explicitly clear, explicit and implicit are different words and, in some contexts, they are truly true antonyms. Explicit denotes being very clear and complete without vagueness, implication, or

 

3. Explain the theory of correlation? Explain the concept of shadow price. How can degeneracy in transportation problem be solved?

Ans. Correlation means association – more precisely it is a measure of the extent to which two variables are related. There are three possible results of a correlational study: a positive correlation, a negative correlation, and no correlation.

  • A positive correlation is a relationship between two variables in which both variables move in the same direction. Therefore,

4. Explain the concept of compound events. Explain the parameters of Binomial Distribution? Define operations research? Highlight its features.

Ans. If an event has more than one sample point, it is termed as a compound event. The compound events are a little more complex than simple events. These events involve the probability of more than one event occurring together. The total probability of all the outcomes of a compound event is

5. Write a short note on evolution of Operations Research. What is a decision tree? How is it used in solving complex problems?

Ans. Operation Research is a relatively new discipline. The contents and the boundaries of the OR are not yet fixed. Therefore, to give a formal definition of the term Operations Research is a difficult task. The OR starts when mathematical and quantitative techniques are used to substantiate the decision being taken. The main

                                         Internal Assignment

                                            Organizational Behaviour

1. How does the personality factor cause labour strikes? What factors relate attitude and behaviour with an organization?

Ans. The struggle for labor rights and organization in the United States has been long and arduous. The history of labor organizations extends back to the founding days of the nation. The organizers and rebels who orchestrated the Boston Tea Party in 1773 were members of craft organizations. These craftsmen were pre-factory laborers with specific skills. Following the Revolutionary War (1775–1783), more craftsmen organized themselves. The first U.S. strike occurred in 1794, when New York printers used the phrase “pursuit of happiness” to demand shorter working

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2. Explain the empirical statistical orientation on group behaviour? What are the five steps necessary to develop & maintain managerial influences according to Keys & Case?

Ans. Leadership Behavior

Ans. Leadership has been a very controversial concept and it has more than 350 definitions (Burke, 1985). Other than that, Kuchler (2008) was highlight that leadership persistent to be one of the most extensively discussed topic by the researchers from all over the world. The term leadership

3. What is the impact of organizational politics? Explain the Theory Z? Compare organizational culture & organizational climate?

Ans. Purpose: Organizational politics has been a topic of conceptual and empirical interest for researchers and practitioners for many years. The purpose of this paper is to examine the relationship between

4. Explain the star network? Explain the concept of Individualism- Collectivism. What do you understand by communism?

Ans. A star network is a local area network (LAN) topology in which all nodes — personal computers (PCs), workstations or other devices — are directly connected to a common central computer that is often referred to as a hub. Therefore, a star network is often referred to as a hub-and-spoke 

5. Why organizational development considered as an intervention strategy? Explain the process of organizational development?

Ans. Organizational development is a planned, systematic change in the values or operations of employees to create overall growth in a company or organization. It differs from everyday operations and workflow

                                          Internal Assignment

                                        Managerial Economics

 

 

  1. Describe the Interaction between Households and Firms. Analyse the contribution of economic theory to Business Decision Making.

 

Ans.

 Above Diagram presents a visual model of the economy, called a circular flow diagram. In this model, the economy has two types of decision makers—households and firms.

Firms produce goods and services using inputs, such as labor, land, and capital (buildings and machines). These inputs are Its Half solved only

  

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  1. Elaborate on the different approaches to the Consumer Demand Analysis. Elaborate on the assumptions of the Ordinal Utility Theory.

 

Ans. Analyses conducted by EY encompass a wide variety of solutions aimed at delivering insights into consumer willingness-to-buy and customer segmentation. We help our Clients in planning production volume

 

 

  1. Explain the Cross Elasticity of Demand. Briefly Explain the Supply Curve. Explain the Production Function.

 

Ans. The cross elasticity of demand is an economic concept that measures the responsiveness in the quantity demanded of one good when the price for another good changes. Also called cross-price elasticity of demand, this measurement is calculated by taking the percentage change in the quantity demanded of one good and dividing it by the percentage change in the price of the other goo

 

  1. Describe Short-Run Cost-Output Relations. Enumerate the various Basic Assumptions of Cost Volume Profit Analysis.

 

Ans. In the short-run a change in output is possible only by making changes in the variable inputs like raw materials, labour etc. Inputs like land and buildings, plant and machinery etc. are fixed in the short-run. It means that short-run is a period not sufficient enough to expand the quantity of fixed inputs. Thus Total Cost (TC) in the short-run is composed of two elements – Total Fixed Cost (TFC)

 

  1. Explain the various stages of the Life Cycle of a product. Explain Macroeconomics in Detail.

 

Ans. Product life cycles are used by management and marketing professionals to help determine advertising schedules, price points, and expansion to new product markets, packaging redesigns, and more. These strategic methods of supporting a product are known as product life cycle

                                         Internal Assignment

                               Management Principles and Practices

 

  1. Explain in details the functions of Management.

Ans. “Management is a set of principles relating to the functions of planning, organizing, directing, and controlling, and the applications of these principles in harnessing physical, financial, human, and informational resources efficiently and effectively to achieve organizational goals”.

Management is essential for an organized life and necessary to run all types of organizations.

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  1. Explain in detail organizing functions of management. What are the factors that determine a good organizational structure?

 

Ans. Organizing is the function of management which follows planning. It is a function in which the synchronization and combination of human, physical and financial resources takes place. All the three resources are important to get results. Therefore, organizational function helps in achievement of results which in fact is important for the functioning of a concern. According to Chester Barnard, “Organizing is a function by which the concern is able to define the role positions, the jobs related and the co-ordination between authority and responsibility. Hence, a

 

 

  1. What are the different steps in rational decision making process?

Ans. The Rational Decision-Making Process:-

The rational decision-making process involves careful, methodical steps. The more carefully and strictly these steps are followed, the more rational the process is. We’ll look at each step in closer detail.

Step 1: Identify

 

  1. Explain the term leadership. What are the different leadership styles?

 

Ans. Leadership captures the essentials of being able and prepared to inspire others. Effective leadership is based upon ideas—both original and borrowed—that are effectively communicated to others in a way that engages them enough to act as the leader wants them to act.

 

 

  1. What is Ethical Management? Analyze the elements of business process reengineering.

 

Ans. Ethical Management is a set of techniques and principles for managing an organisation or a group of people. Implementing a management approach involves mobilising human and material resources to achieve an objective. Ethical management is a little more specific: it commits those who have responsibility for part of the organisation or for the whole organisation to implement 

                                           Internal Assignment

                               Financial and Accounting Management

 

  1. What are the managerial functions of accounting? Explain in detail. Briefly describe the areas to be covered by management accounting.

 

Ans. Management accounting is a process of analyzing business operations and costs to prepare financial records in order to aid the decision-making process in achieving future business goals.

Management accounting provides up-to-date financial and non-financial data to the key decision-makers to effectively Its Half solved only

  

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  1. Explain the scope of IFRS. Explain briefly the methods of preparation of Trial Balance.

 

Ans. The disintegration of international boundaries necessitated the establishment of common business practices that are globally understandable, verifiable, and accessible. Among business practices,

 

  1. Explain briefly the significance of Financial statements. Explain in detail objectives and limitations of financial statements.

Ans. Significance of Financial Analysis

Finance Manager

Analysis of financial statements helps the finance manager in:

  • Assessing the operational efficiency and managerial effectiveness of the company.
  • Analyzing the financial
  •  
  1. Write a note on external sources of funds. What are the Differences between Cash Flow Analysis and Funds Flow Analysis?

 

Ans. External sources of funds:

External sources of fund is refer to money that comes from outside a business. There are several external methods a business can use, including family and friends, bank loans and overdrafts, venture capitalists and

 

  1. Describe in brief the First In First Out Method. Write a short note on Last In First Out Method. Write a short note on Production Budget.

 

Ans. FIFO stands for “First-In, First-Out”. It is a method used for cost flow assumption purposes in the cost of goods sold calculation. The FIFO method assumes that the oldest products in a company’s inventory have been sold first. The costs paid for those oldest products are the