Wednesday 20 April 2011

MGT211 Quizze








New MGT211 Quizze

Monday 18 April 2011

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Sunday 17 April 2011

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Tuesday 12 April 2011

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Assignment #  1

Solution 1:

Present Value (loan)                 P          =?
Interest rate/annum                   i           =7%
Interest rate/month                    i           =7/12%            =0.005833      

Amount                                    R          =8450 Rs
Number of years                       N         =17
Number of periods                   n          =17*12            = 204

Using Formula              P=R(1-(1+i)-n)/i

Putting Values                           P=8450(1-(1+0.005833)^-204)/0.005833
                                                P=8450(1-(1.005833)^-204)/0.005833
                                                P=8450(1-0.3053)/0.005833
                                                P=8450(0.6947/0.005833)
                                                P=8450*119.098
                                                P=1006380 Rs


Solution 2:

Basic Salary                 =30000 Rs
Allowances                   =18000 Rs
Taxable Income            =?

% allowances               = (18000/30000)*100
                                    =60%
Allowed non taxable allowance =50%
                                                            =0.5*30000
                                                            =15000 Rs

So taxable allowances                           =60%-50%
                                                            =18000-15000
                                                            =3000 Rs
Hence 3000 Rs of allowances are taxable

Total taxable income                             =30000-3000
                                                            =33000 Rs



Solution 3:

(a)

Absent students             =3
Total students                            =24
% of students absent                 =?

% of students absent     =3/24*100
                                    =12.5%

(b)

%age of students absent                        =12.5%
Total students                                        =24
How many students are absent               =?

How many students are absent               =12.5% of 24
                                                            =12.5/100*24
                                                            =3
(c)

12.5% of class                                      =3 students
Total students enrolled in the class         =?

                                                            12.5/100* Total students enrolled in the class=3
Total students enrolled in the class         =3*100/12.5
                                                            =24


Solution 4:

Principle                                   P          =?
Interest rate/annum                   r           =25%
Interest rate/month                    r           =25/12%          =0.02083        

Accumulated Amount               A         =100,000 Rs
Number of years                       N         =5
Number of periods                   n          =5*12  = 60
Compound interest                               =?
Using Formula
                                                     A=P(1+r)^n
                                         100000 =P(1+0.02083)^60
                                           100000 =P(1.02083)^60
                                                100000 =P(3.445)
                                                  P=100000/3.445
                                                    P=29027.6 Rs

Compound interest                    =100000-29027.6
Solution 5:

                                                     =70972.4 Rs



Total payment                           P          =150000 Rs
Withdrawal after each 3 month    R       =6000 Rs
Interest rate/annum                   i           =12%
Interest rate/quarterly                i           =12/4%            =0.03  

Number of withdrawal  n          =?
Using Formula 

                        P=R(1-(1+i)^-n)/i
Putting Values

                        150000=6000(1-(1+0.03)^-n/0.03
                        150000=6000(1-(1.03)^-n/0.03
                        150000*0.03/6000=1-(1.03)^-n
0.75=1-(1.03)^-n
(1.03)^-n=1-0.75
(1.03)^-n=0.25

Taking Log
Log(1.03)^-n=log0.25
-n log 1.03= -0.60205999
n(0.01283722)= 0.60205999

As

n = 0.60205999/0.01283722
n = 46.899
Number of withdrawal           n  = 47



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Solution MGT 503

Division of work
NCC teachers are brilliant and efficient in their work.
Authority
NCC enforces that rules must be followed to ensure quality of education.
Discipline
In NCC to maintain discipline there are clear rules and procedures and being part of this college, everyone is obligated to strictly follow the rules.
Unity of command
Board of governors set direction for whole organization to achieve its purpose.
Unity of direction
For unity of direction there is a regularity committee to ensure that all the rules are properly enforced.
Subordination of individual interests to the general interest
Faculty members are very devoted and dedicated to their responsibilities and are very committed to the students.
Remuneration
Compensation package is appreciative and based on performance, qualification and experience.
Centralization
In NCC Teachers are graded by exam results as well as feedback from their students
Order
Everyone in NCC is obligated to strictly follow the rules.
Equity
Teacher’s role is not only just to teach what they have specialized in but also they are involved in sports and other co-circular activities.
Stability of tenure of personnel
NCC offers jobs on contract basis so job-switching is highly practiced by the teachers.
Initiative
National Community College (NCC) took the initiative to mould the future of nation by moulding people who will ascertain the future of people of its country
Esprit the corps
Teachers are graded by exam results as well as feedback from their students.

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“Human Resource Management (MGT501)”

Q1. In your opinion, how HR activities are different from administrative activities? (10 marks)

According to latest facts and researches an HR Manager in an organization has become a central person who must be consulted while taking any important decision regarding the organization which cause in separation of HR activities from the administrative activities.

HR activities
Administrative activities
HR sets payroll for employees.

HR help in selection and hiring

HR sets work time for employees.

HR provides compensation benefits

Hr helps in designing leaves system


HR Provide insurance coverage to employees
Administration makes sure its transfer to employees in time.
Administration helps in training and development.

Administration makes sure its implementation

Administration makes sure its transfer

Administration helps in Maintain  the leave management system
Administration helps in Maintaining the record of insurance coverage



Q2. Provide an example to explain that HR Manager must be consulted while taking any important decision. (05)

Ans 2:

In this competitive world role of HR Manager is very demanding and makes HR Manger involve in each decision of organization.
   In my views HR Manger must be consulted while taking important decision of hiring new employees because in the end these are people (employees) who make the difference. If an organization hires good, honest, educated, energetic, dedicated and experienced persons then organization will grow faster than market.

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“Principles of Marketing (MGT301)”

There are eight universal marketing functions which are performed in whole marketing process. These marketing functions comprise of Buying, Selling, Transporting, Storing, Standardizing and Grading, Financing, Collecting information and Risk taking. A scenario is presented to you in this context:
Scenario
Saleem Enterprise is dealing in manufacturing business. It manufactures motorcycles and other automobiles. Saleem Enterprise wants to expand its business by entering into a new market. For this purpose, necessary information has been collected regarding customer needs and wants of that area. It has also selected some reliable suppliers of raw material which help them to manufacture motorbikes according to customer needs. Saleem Enterprise has taken some loan from the bank for manufacturing the motorbikes. After manufacturing, it launches this bike in the market. For the time being, Saleem Enterprise kept motorbikes in its warehouses so that it can easily be delivered to the customers. Ahmad Rent-a-bike is another enterprise which is involved in renting bikes. It makes a business dealing with Saleem Enterprise and signs an agreement for purchasing 20 motorbikes as per required quality and standards. Saleem Enterprise promises them to deliver 10 bikes in one week time and remaining in next month. After a week, Saleem Enterprise sends 10 bikes to Ahmad Rent-a-bike.
Question
Below is the table in which you are required to mention the scenario statementsagainst their selection of marketing function. You are also required to justify your selection of marketing function in this scenario.

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Question No. 1

Sr. No.
Assets = Liabilities + Capital
1
Rs. 35,000 = Rs. 12,000 + 23,000
2
Rs. 40,000 = Rs.26,400+ Rs. 13,600
3
Rs.54,000 = Rs. 9,000 + Rs. 45,000
Total
Rs. 129,000 = Rs. 47,400 + Rs. 81,000


Question No. 2

S. No.
Transactions
Nature of expenditure
1
Merchandise purchase for cash
Capital Expenditure
2
Paid rent of the building
Revenue Expenditure
3
Commission paid to the workers
Revenue Expenditure
4
Cost of acquiring the patent rights
Capital Expenditure
5
Installation cost of the machinery
Capital Expenditure

Question No. 3

S. No.
Transactions
Type of Assets
1
Raw Material / Stores
Tangible
2
The Technology of information and database
Tangible
3
Abilities and innovations of the employers
Non-Tangible
4
The money – Cash at Bank
Non-Tangible

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Question No.1 (Marks = 10)

Compare Serial and Parallel Ports. Give any five points in tabular form.

Serial Port

Parallel Port
Transmits 1 Bit of Data at a time
Transmit Multiple Bits of Data
Works Relatively Slow
Works Relatively Fast
Male Port
Female Port
Used for Mouse, Modem, Keyboard etc.
Used mostly for Printers
Less Numbers of Wires are Used for
Communication
Many number of Wires are Used for
Communication


Ans No.2
1- Any Picture and Text password is secure identity for security. But we all know
that there are no same voices of people in the world. So We can use our Audio
Input for a high Security.
2- We can Find and write the words through Giving audio Input (Speaking) to
Computer. It is very easy for us and we can do our work without typing.