WBUT Exam Papers Industrial Management EC B Tech Sixth Sem 2011

WBUT Exam Papers

 Industrial Management EC B Tech Sixth Sem 2011

Time Allotted : 3 Hours

The figures in the margin indicate full marks.

Candidates are required to give their answers in their own words

as far as practicable.

GROUP – A ( Multiple Choice Type Questions )

1. Choose the correct answer for any ten of the following :

10 x 1 – 10

i)               Who is known as the ‘Father of Administrative Management” ? . >

a)             F. W. Taylor

b)             Elton Mayo

c)              Henri Fayol

d) Federick Harbision.

ii)             Which one is not an element of Marketing Mix ?

a) Product

d)    Packing

iii)         EOQ means

a)           Excess Order Quantity                     ,

b)           Economic Order Quantity

c)           Exempted Order Quantity

d)          none of these.

iv)         Industrial Dispute Act was passed in a) 1947 b) 1957 c) 1967 d) 1977.

v)            In a period of rising prices, which inventory pricing method would tend to produce a higher cost of goods

sold ?

a) ‘ DIFO                                b) FIFO

c) HIFO                                  d) NIFO.

vi)          Financial management deals with

a)           satisfying the needs of customer

b)          procurement and utilization of fund

c)           training & development of employees

d)          designing user-friendly products.

vii)       Theory X & Theory Y are propounded by

a)           William G. Quchi

b)           Dr. Abraham Maslow

c)            Febrick F. Herzberg

d)           Douglas McGreer.

viii)      “Bharatiya Majdoor Sangh” is affiliated by a) BJP b) CPI-M

c) Congress                            d) Janta Dal.

ix)         When authority flows from the top executive to lower level of employees, it is known as

a)    Line Organization b) Staff Organization

c) Project Organization d) Matrix Organization.

x)           A Budget that consists of a scries of budgets for

different levels of activity is known as

a)          Fixed budget    b) Flexible budget

c)           Master budget d) none of these.

xi)         Which one is not a component of working capital ?

a)    Closing Inventory b) Sundry Debtors

c)           Sundry Creditors

d) Investment.

xii)       Contribution is the difference between

a) Sales & Fixed cost
b) Sales & Variable cost
c) Sales & Cost of goods sold
d) none of these.
 

GROUP -B

 

( Short Answer Type Questions )

Answer any three of the following.

State how authority and responsibility are interrelated.

  1. Discuss the importance of Collective Bargaining.
  2. Define TQMf. What are its essential elements ?
  3. Define the concept of BCG Matrix approach.
  4. In a soap manufacturing company, selling price ol soap is Rs. 1.20 each. Variable cost is incurred Rs. 0.60 in each and fixed cost is Rs. 40,000 per year.

Calculate the i) P/V Ratio ,

ii) Break-Even Sales.

GROUP -C ( Long Answer Type Questions )

Answer any three of the following. 3 x 15 = 45

  1. a) Discuss the principles of management given by Henri

Fayol and commcnt on the relevance in the modern management scenario.                                                                         10

b)          What do you mean by differential piece rate type incentive scheme ?                                                                                         5

  1. a) Calculate the Net present value of a project. The

economic life of it is 5 years.

Assume the cost of capital = 10% and salvage value = 0

The following data are available in this respect

Initial Investment = Rs. 1,00,000.00

Cash inflow at the end of First year       = Rs. 20,000.00

Cash inflow at the end of Second year   = Rs. 30,000.00

Cash inflow at the end of Third year      = Rs. 30,000.00

Cash inflow at the end of Fourth year    = Rs. 40,000.00

Cash inflow at the end of Fifth year       = Rs. 50,000.005

b)            The following are the mean length and ranges of lengths of a finished product from 10 samples each of size 5. The specification limit for length are + 5cm. Construct x chart only and examine whether the process is under control and state your recommendations.                                                          10

Also given that A2 = 0.58, D3 = 0, D4 = 2.11

  1. a) Discuss briefly how productivity in a manufacturing

organization can be improved.                                         5

b)            ABC Co. wants to buy a product, the price discount is as follows : 5 + 5

Quantity                                          Unit Price (Rs.)

Less than 500                                           12

500 but less th’an 1600                         11.80

1600 but less than 4000                        11.60

Annual demand of the material is 8,000 Kgs., ordering cost per order is Rs. 12 and stock holding cost is 20% of the cost of material per annum. You are required to compute the best ordering quantity and total annual inventory capital.

  1. Define Trade Union. Discuss the main functions of Trade Union. Enumerate the various problems of Trade Union Movement in India.     2 + 8 +

11. Define Leadership. What are the characteristics of

leadership ? State the importance of leadership in an

organisation.

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