20) A moral and ethical issue raised by the information age is the collection and use

of information about individuals, i.e. privacy concerns. What aspect of this

information collection do you find most alarming?

21) List and define at least five of the new Internet business models discussed in the

textbook. Which do you think will prove to be most profitable in the long run?

Support your position.

22) Define and distinguish between the basic concepts of responsibility,

accountability, and liability as applied to ethical decisions.

23) Briefly describe four forms of global business organization.

24) List and describe the components of the CPU.

Q. 5. Explain the meaning and importance of Spare Parts Management and Maintenance Planning.

Q. 1. Define HRM. Explain various functions of HRM.

Q. 2. Explain in detail various steps in selection process.

Q. 3. Training Need Analysis is necessary for training effectiveness. Discuss.

Q. 4. Explain in detail Assessment Centre Method of Performance Appraisal.

Q. 5. Explain Model Grievance Handling Procedure.

Q. 6. Explain how quality circles ore operated. State their advantages.

Q. 7. Write short notes on (Any Two) : (a) Job Evaluation (b) Kaizen (c) TQM (d) Dismissal, Suspension and lay off.

Q. 6. (a) State the meaning and application of control charts. (b) Describe in brief how following are computed for X, R, and C charts. (i) Process average or centreline. (ii) Upper control limit (iii) Lower control limit

Q. 1. Explain in brief the functions of a Finance Manager?

Q. 2. Explain various methods of raising fund with their merits and demerits.

Q. 3. Discuss in detail various factors affecting the dividend policy of a company.

Q. 4. Write short notes on any three : (a) Cash Management (b) Leverage (c) ADR and GDR (d) Under Capitalization (e) Bonus Share

Q. 5. A firm whose cost of capital is 10% is considering two exclusive projects X and Y, the details of which are : Year Project X Project Y PV Factor @ 10% Cost (`) 0 70,000 70,000 Cash Flow 1 10,000 50,000 0.909 2 20,000 40,000 0.826 3 30,000 20,000 0.751 4 45,000 10,000 0.683 5 60,000 10,000 0.621 Compute the Pay Back Period, Net Present Value and Profitability Index for both projects.

Q. 6. 'H' Ltd. plans to sell 30,000 units next year. The expected cost of goods sold is as follows : Cost per unit Raw Material 100 Manufacturing Expenses 30 Sales and Administration and Financial Expenses 20 Selling Price 200 Duration and various stages of operating cycles are expected to be as follows : Raw Material - 2 months WIP (Work-in-progress) - 1 month Finished Goods - month Debtors - 1 month Assuming monthly sales level of 2500 units, estimate gross working capital requirement, if desired cash balance is 5% of Gross Working Capital and Work in Progress is 25% complete with respect to manufacturing expenses.

Q. 7. A company believes that it is possible to increase sales if credit terms are relaxed. At present, the sales are projected at ` 20,00,000; a profit/ volume ratio of 30%, fixed cost at ` 1,00,000, bad debts 1% and an accounts receivable turnover of 10 times. The relaxed credit policy is expected to increase the sales up to ` 25,00,000. However, bad debts will rise to 2% of sales and accounts receivable turnover will decrease to 6 times. The expected rate of return on investment is 20%. Advise the company about acceptance of the proposal.

Q. 8. Write notes an any two of the followings : (a) OC curve (b) Integration of manufacturing and services (c) Six sigma (d) Concept of TPM

Q. 7. (a) Describe with an example meaning and use of Flow Diagram or Process Mapping.

(b) An industrial operation consists of five elements with following observed times and performance ratings : Element Observed Performance Time in Minutes Rating in % A 0.20 85 B 0.08 80 C 0.50 90 D 0.12 85 E 0.10 80 Assuming allowances as 17% of the basic time, calculate standard time per piece.

PV Co, a large stock-exchange-listed company, is evaluating an investment proposal to manufacture Product W33, which has performed well in test marketing trials conducted recently by the company's research and development division. Product W33 will be manufactured using a fully-automated process which would significantly increase noise levels from PV Co's factory. The following information relating to this investment proposal has now been prepared: Initial investment $2 million Selling price (current price terms) $20 per unit Expected selling price inflation 3% per year Variable operating costs (current price terms) $8 per unit Fixed operating costs (current price terms) $170,000 per year Expected operating cost inflation 4% per year The research and development division has prepared the following demand forecast as a result of its test marketing trials. The forecast reflects expected technological change and its effect on the anticipated life-cycle of Product W33. Year 1 2 3 4 Demand (units) 60,000 70,000 120,000 45,000 It is expected that all units of Product W33 produced will be sold, in line with the company's policy of keeping no inventory of finished goods. No terminal value or machinery scrap value is expected at the end of four years, when production of Product W33 is planned to end. For investment appraisal purposes, PV Co uses a nominal (money) discount rate of 10% per year and a target return on capital employed of 30% per year. Ignore taxation. Required:

(a) Calculate the following values for the investment proposal: (i) net present value; (5 marks) (ii) internal rate of return; and (3 marks) (iii) return on capital employed (accounting rate of return) based on average investment. (3 marks) (b) Briefly discuss your findings in each section of (a) above and advise whether the investment proposal is financially acceptable. (4 marks) (c) Discuss how the objectives of P.r