Management Answers

1. Interpersonal relationships between superiors and subordinates in an organization involve different kinds of power equations. In your opinion, arrange the 5 sources of power in order of importance, that are based on superior subordinate relationships in an organization. Justify your preference. (10 Marks) 

3.a. From the given Demand Schedule for air tickets, calculate elasticity of demand. (5 Marks) Price of Air Ticket (Per Ticket) |Quantity Demanded (Tickets per month) |

1,00,000 5,000

1,20,000 3,500

3.b. Elaborate the term Elasticity of Supply and explain any three factors that determines elasticity of supply 

1. Assume that a consumer consumes two commodities X and Y and makes five combinations for the two commodities: TABLE BELOW

Combination Units of X Units of Y A 25 3 B 20 5 C 16 10 D 13 18 E 11 28

Combination | Units of X | Units of Y

A 25 3

B 20 5

C 16 10

D 13 18

E 11 28

Calculate Marginal rate of Substitution and explain the answer. (10 Marks)

From the given information Amount in Lakhs

cost of goods sold 580

opening stock 40

closing stock 70

creditors at the beginning of the year 60

creditors at the end of the year 100

cash purchases 45

Original cost of equipment sold 400

Gain on the equipment sold 50

Accumulated depreciation on the equipment 80

Calculate: a. Total purchases, credit purchases and payment to creditors (5 Marks) b. Define the term Net book value, Accumulated depreciation calculate the net book value and cash proceeds from sale of investment (5 Marks) 

2. You started learning the course of financial accounting and analysis in the MBA Program. You learned about commonly used accounting terms. Discuss about any five terms which are commonly used by the different users of accounting information for the sake of understanding the financial statements Student may define and describe about any five terms (10 Marks)

1. For the following transactions, analyze the accounting transactions using the accounting equation framework (10 Marks)

. Introduced Rs500000 through a cheque by the Owner as the Initial capital in the business 2. Purchased goods on credit from Ms. Ritu at Rs 40000 3. Paid Rs 10000 as salary to the employees 4. Invested Rs200000 in a fixed deposit account 5. Paid school fees of the kid Rs 25000, from the business’s bank account. Note: (2*5 = 10 marks) 1 marks for analyzing each transaction and 1 mark for correct journal entry

The city of Mysuru is one of the cleanest cities of India and is in close driving distance from Bengaluru, the IT hub. You have been invited as an external IT consultant by Government of India with a mandate to convert Mysuru into a “Smart City” a. Which “Smart” city in the world will you choose as a benchmark to emulate some of the best practices of that city into Mysuru? Provide atleast 3 reasons with brief descriptions behind your choice of choosing that particular city as a benchmark? (5 Marks) b. Suggest & describe atleast 2 innovative technology enabled services that you will introduce into Mysuru so that it can be called as a “Smart city”? (5 Marks)

Choose any e-Governance initiative of any country in the world which is aimed at helping the poor & the needy sections of the society. Enlist atleast 10 benefits of having implemented this system for the benefit of this downtrodden section. (10 Marks)

You have been appointed as IT Head of a soon to be opened Retail chain store by the name of “India Retail Store” which will have branches all over India. India Retail store is a Private Limited company. Highlight atleast 5 security threats that a bank may face in today’s times and suggest 5 innovative IT security mechanisms to ensure that such threats do not harm your Retail store chain & that your systems remain as secure as ever. (10 Marks) 

3. You are the marketing director for Super max theatre chain. You want to build a footprint for the chain across India. Before the commercial launch of the service you want a better orientation of consumer expectations. a. Plan a research program with clearly defined target groups, geographies, demographics you shall plan your research project. (5 Marks) b. Create a 10-question survey questionnaire. (5 Marks)