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UGC NET JUN 2005 : MANAGEMENT PAPER III

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Signature and Name of Invigilator Roll No. (In figures as per admission card) 1. (Signature) (Name) Roll No. 2. (Signature) (Name) Test Booklet No. J 1 7 0 5 Time : 2 hours] (In words) PAPER III MANAGEMENT Number of Pages in this Booklet : 36 [Maximum Marks : 200 Number of Questions in this Booklet : 26 Instructions for the Candidates U U 1. Write your roll number in the space provided on the top of this page. 1. U DU U S U U U U U 2. U U U, U S U U 2. Answers to short answer/essay type questions are to be given in the space provided below each question or after the questions in the Test Booklet itself. U U No Additional Sheets are to be used. 3. U U U, - S U U U - S U U 3. At the commencement of examination, the question booklet will be given to you. In the first 5 minutes, you are requested to open the booklet and compulsorily examine it as below : (i) - S U U U U U U U S U U- U S S U U (i) To have access to the Test Booklet, tear off the paper seal on the edge of this cover page. Do not accept a booklet without sticker-seal and do not accept an open booklet. (ii) U DU U U U - S DU U U U U U U S DU / U U U U U S S U U U U U S U U - S U U - S U UQ (ii) Tally the number of pages and number of questions in the booklet with the information printed on the cover page. Faulty booklets due to pages/questions missing or duplicate or not in serial order or any other discrepancy should be got replaced immediately by a correct booklet from the invigilator within the period of 5 minutes. Afterwards, neither the question booklet will be replaced nor any extra time will be given. 4. U U 4. Read instructions given inside carefully. 5. One page is attached for Rough Work at the end of the booklet before the Evaluation Sheet. 5. U U- S (Rough Work) U U DU 6. If you write your name or put any mark on any part of the Answer sheet, except for the space allotted for the relevant entries, which may disclose your identity, you will render yourself liable to disqualification. 6. U- S U , U U U U 7. U # U U- S U U U U U # U U U U 7. You have to return the Test booklet to the invigilators at the end of the examination compulsorily and must not carry it with you outside the Examination Hall. 8. / U Z U S U 8. Use only Blue/Black Ball point pen. 9. Use of any calculator or log table etc. is prohibited. 9. U ( U U) U U 10. There is NO negative marking. 10. U U J 1705 1 P.T.O. MANAGEMENT PAPER III - III NOTE : This paper is of two hundred (200) marks containing four (4) sections. Candidates are required to attempt the questions contained in these sections according to the detailed instructions given herewith. (200) (4) S J 1705 2 SECTION - I U I This section contains five (5) questions based on the given paragraph. Each question should be answered in about thirty (30) words and each carries five (5) marks. (5x5=25 marks) (5) (30) (5) PARAGRAPH Scientific Management emphasised the analysis of jobs and standardisation of the tasks performed. As a consultant to the Bethlehem Steel Corporation and other firms, Taylor was able to implement many of his ideas about job design. He and his colleagues developed the process of time and motion study, variations of which are still used by industrial engineers. Through time and motion study, followed by work simplification and standardisation, plus the introduction of piecework incentive system, Taylor was able to demonstrate large increases in worker productivity. The thrust of scientific management was to simplify jobs for the economic benefits of organisation. Specialisation would result in leading to greater productivity if the jobs are simplified through job redesigning. Further, selection and training procedures would also be less elaborate and less expensive. Business world has undergone tremendous change after the era of Taylor s scientific management. In the coming times, the new capabilities unleashed by the Information Age will lead to substantially new forms of marking and business. The industrial age was characterised by mass production and mass consumption, stores overstuffed with inventory, ads everywhere and rampant discounting. The Information Age promises to lead to more accurate levels of production,more targeted communications and more relevant pricing. On the basis of the above passage answer the following questions - S M R M l m m , h C m # , R S m M l , , S , Q J 1705 3 P.T.O. 1. What are the main features of the scientific management ? ? 2. What is the importance of time and motion study in scientific management ? ? J 1705 4 3. What are the main benefits of specialisation ? C ? 4. What are the main features of the Industrial Age ? l ? J 1705 5 P.T.O. 5. How will the business world change in the Information Age ? ? SECTION - II U II This section contains fifteen (15) questions each to be answered in about thirty (30) words. Each question carries five (5) marks. (15x5=75 marks) - (5-5) (15) (30) 6. Gross National Product (GNP) measures national welfare . Comment C ( . . .) C J 1705 6 7. State the law of variable proportions. h 8. Discuss the relevance of Need Hierarchy Theory of Motivation in the developing economies. S h ? J 1705 7 P.T.O. 9. How 3608 appraisal is an improved technique of performance appraisal ? 3608 c c ? 10. In what ways have the functions of Human Resource Manager changed in the post globalisation scenario ? Z ? J 1705 8 11. How is a merger evaluated as a capital budgeting proposal ? S ? 12. What is customer orientation in marketing ? Q ? J 1705 9 P.T.O. 13. Define Branding. 14. Define and explain the following terms (1) Optimum solution (2) Feasible solution (1) (2) Q J 1705 10 (3) (3) Unrestricted variables 15. Derive the EOQ in the Inventory Control method. ( . . .) 16. Give the classical and frequency definitions of probability. What are the objections raised in these definitions ? M h ? J 1705 11 P.T.O. 17. Write down the Normal Distribution Function and the characteristics of the Normal Probability Curve. R 18. Why has strategic management become so important to today s business organisations. ? J 1705 12 19. What are essentials of a successful enterpreneur ? l ? 20. What is scope of corporate governance ? ? J 1705 13 P.T.O. Section - III U III NOTE : This section contains five (5) questions from each of the electives / specialisations. The candidate has to choose only one elective / specialisation and answer all the five questions from it. Each question carries twelve (12) marks and is to be answered in about two hundred (200) words. (12x5=60 marks) / (5) / (12) (200) (12x5=60 ) Elective - I U I 21. Discuss the role of non- monetary rewards in motivating employees ? - 22. In the era of business process outsourcing , how role of a personnel manager has changed ? R ? 23. Performance appraisal has several extended functions also , Comment and discuss scope of its functions ? c , Z 24. Discuss important methods of identifying training needs ? 25. What are important causes of industrial conflicts ? How these trends have changed in the post-globalisation scenario ? l ? ? J 1705 14 / OR 21. 22. Elective - II II Discuss factors affecting choice of channel of distribution. g Differentiate between product and services marketing. S 23. What do you understand by promotion mix ? Briefly discuss one tool of mass communication. ? 24. Define market segmentation. Briefly discuss benefits of market segmentation. 25. Q Q Discuss various pricing methods. / OR 21. Elective - III III What is the relationship between an investor s required rate of return and the value of a security ? Explain with example. ? 22. Discuss the purposes of the statements of changes in financial position when prepared on working capital basis and cash basis. S g 23. Under what conditions do the NPV and IRR methods conflict ? Which of these two methods should be used to take capital budgeting decision under such conflicting situation ? S h (NPV) (IRR) ? S , ? 24. How is cost of debt similar to cost of preference capital ? Describe the uses and limitations of cost of capital to a financial manager. ? J 1705 15 P.T.O. 25. What are the basic financial derivatives ? Describe the functions of economic nature as performed by participants in derivatives market. ? m Z 21. 22. / OR Elective - IV IV Explain the history of WTO ? What are the main provisions on TRIPS in Uruguay round ? ( . . .) M (TRIPS) ? Discuss salient features of India s foreign trade policy with special reference to export incentives. 23. Discuss the inter relationship between interest rates, inflation rates and exchange rates. 24. Briefly describe the organisation of shipping services in India. Also distinguish between charter party and bill of lading. , S - 25. Describe the factors determining the out-sourcing of technology. l d J 1705 16 J 1705 17 P.T.O. J 1705 18 J 1705 19 P.T.O. J 1705 20 J 1705 21 P.T.O. J 1705 22 J 1705 23 P.T.O. J 1705 24 J 1705 25 P.T.O. J 1705 26 SECTION - IV U IV This section consists of one essay type question of forty (40) marks to be answered in about one thousand (1000) words on any of the giving topics. This question carries 40 marks. (40x1=40 marks) (40) , (1000) 26. Collective bargaining should be seen as an opportunity both for Union and Management . Comment upon this statement and discuss important techniques of collective bargaining. m M OR / What is Product Life Cycle (PLC) ? How would you manage each phase and what innovative strategies need to be evolved in decline stage ? Explain giving examples. R (PLC) ? S ? S ? S C OR / In what different ways is accounts receivable management different from cash management and inventory management ? How will you evaluate the risk of extending credit to an applicant ? Discuss. # - ? ? OR / Make SWOT analysis of WTO provisions in Indian Context. (WTO) S (SWOT) OR / Explain the simplex procedure to solve a linear programming problem. How do you recognise optimality in the simplex method ? ? J 1705 27 P.T.O. J 1705 28 J 1705 29 P.T.O. J 1705 30 J 1705 31 P.T.O. J 1705 32 J 1705 33 P.T.O. J 1705 34 J 1705 35 P.T.O. FOR OFFICE USE ONLY 1 26 51 76 2 27 52 77 3 28 53 78 4 29 54 79 5 30 55 80 6 31 56 81 7 32 57 82 8 33 58 83 9 34 59 84 10 35 60 85 11 36 61 86 12 37 62 87 13 38 63 88 14 39 64 89 15 40 65 90 16 41 66 91 17 42 67 92 18 43 68 93 19 44 69 94 20 45 70 95 21 46 71 96 22 47 72 97 23 48 73 98 24 49 74 99 25 50 75 Marks Obtained Question Number Marks Obtained Question Number Marks Obtained Question Number Marks Obtained Question Number Marks Obtained 100 Total Marks Obtained (in words) ..................................... (in figures) .................................... Signature & Name of the Coordinator ............................... (Evaluation) J 1705 Date ............................. 36

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Additional Info : Ugc Net June 2005 Question Paper - Managemrnt Paper III
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