Exam Details
Subject | management | |
Paper | paper 2 | |
Exam / Course | civil services main optional | |
Department | ||
Organization | union public service commission | |
Position | ||
Exam Date | 2016 | |
City, State | central government, |
Question Paper
A and B decide to meet between 3 p.m. and 4 p.m., but each of them
should wait no longer than 10 minutes for the other. Determine the
probability that they meet. 2
(ii)The probabilities of Y and Z becoming managers are 2/9 and.1/3
respectively. The probabilities that Bonus Scheme will be
introduced if Y and Z become managers are
respectively. What is the probability that Bonus Scheme will be
introduced And ifBonus Scheme has been introduced, what is the
probability that the manager appointed was Y
The two regression lines obtained from a certain data were
Y 5 and 16X =9Y -94. Find the variance ofX, if the variance
ofY is 16. Also find the covariance between X and Y.
A multiple-choice quiz has 200 questions,each with four possible answers,of which only one is the correct answer.what is the probability that sheer guesswork yields from 25 to 30 correct answers for 80 of the 200 questions about which the student has no knowledge?
A company manufactures two kinds of machines, each requiring different manufacturing techniques. The deluxe machine requires 18 hours of labour, 8 hours of testing and yields a profit of 450. The standard machine requires 3 hours of labour, 4 hours of testing and yields a profit of 250. There are 800 hours oflabour and 600 hours of testing available each month. A marketing forecast has shown that the monthly demand for the standard machine is to be more than 150. Management wants to know the number of each model to be produced
,monthly that will maximize total profit. Formulate and solve this as a LPP. 10
What is MIS planning? Discuss with an example how it is linked with general business planning. 5
Discuss the merits and demerits of online payment systems and the
legal and ethical issues of online business. 5
What is meant by Cost of quality?Describe its components
Discuss the special characteristics of information as an important resource and show by means of a block diagram how information is proco6sed in an order processing department in a fairly: large organisation. 10
Q2.
A toy company is interested in balancing a production line that will manufacture an electronic football game to compete with the similar
successful model of its rival. Tasks, task times· and precedence requirements are given in the table below:
Task Time (in sec) Predecessors
A 40 None
B 20 A·
C 15 B
D 60 None
E 20 D
F 10 C
G 10 C
H 10 E
I 10 E
J 5 I
K 10 J
Construct a sequence diagram.
To balance the line with a 60 second cycle time, what is the theoretical minimum number of work stations required? A 7 hour day is worked.
Balance the line taking 60 second cycle time.
What is the efficiency of the line?
A department store had forecast the sales of Rs 1,10,000 for last
week. The actual sales turned out to be Rs 1,25,000. Given what is the forecast for this week? If sales this week tum out to be 1,20,000, what is the forecast for the next week? 5
Explain Waterfall approach to system development life cycle (SDLC). Discuss its strengths and weaknesses.
A vote is to be taken among the residents of a town and the surrounding area to determine whether a proposed chemical plant should be constructed or not. The construction site is within the town limits and for this reason many voters ofthe surrounding area feel that the proposal will pass because of the large proportion of town voters who favour the construction. To determine if there is a significant difference in the proportion of town voters and surrounding area voters favouring the proposal, a poll is taken. If 120 of the 200 town voters favour the proposal and 240 of 500 surrounding area voters favour the proposal, would you agree that the proportion of town voters tilVOuring the proposal is higher than that ofthe surrounding area voters? Use a level of signmcance. 5
Out of 200 boys, 75 are intelligent of which 40 have skilled fathers, while 85 of the unintelligent boys have unskilled fathers. Do these figures support the hypothesis that skilled fathers have intelligent boys? 5
(Use values 3.841, 5.991, 7.815 and 9.488 for degrees of
freedom 3 and 4 respectively.)
The daily demand for a component assembly item is normally distributed with a mean of 120 and standard deviation of 15. Furthermore, the source of supply is reliable and maintains a constant lead time of 4 days. Ifthe cost of placing the order is RS45 and the annual carrying cost is 0.75/unit, find out the economic order quantity and the reorder point to provide a 95% service level. The firm operates 5 days/week, 52 weeks/year.
Ranbaxy Ltd. is deciding to invest Rs 10 crore in research for development of medicines to cure HIV/AIDS. Can you term it as a "project" Justify. 5
Q3.
A firm iR planning to develop and market a new drug. The cost of extensive research to develop the drug has been estimated at 1,00,000. The manager of the research program has found that there is a 60% chance that the drug will be developed successfully. The market potential has been assessed as follows: 15
Market Potential Probability PV of Profit
Large Market 50,000
Moderate Market 25,000
Low Market 10,000
The present value figures do not include the cost of research. While the firm is considering this proposal, a second proposal, almost similar, comes up for consideration. The second one also requires an investment of 1,00,000, but the PV of all profit is 12,000. Of course the return on investment in the second proposal is certain. Recommend, by applying appropriate decision criteria, what decision should the firm take regarding the investment of 1,00,000
Discuss the use of M-commerce to achieve competitive advantage for an organisation in the context of web-based marketing. Also discuss the limitations ofE-commerce. 10
For a machine, the following data are available:
0 1 2 3 4 5
Cost of Spare 200 400 700 1000 1400 1600
Salary of 1200 1200 1400 1600 2000 2600
Maintenance Staff(Rs)-
Loss due to 600 800 700 1000 1200 1600
Breakdown
Resale Value 12000 6000 3000 1500 800 400 400
Determine the optimum period for replacement of the above machine. 10
If a random variable x follows a Poisson distribution such that
Prob =Prob find the mean and variance. Also find
PrQb 0).
What is meant by Database Normalization? Describe 1NF, 2NF and3NF. 6
Discuss some of the important pre-requisites for successful
e-governance. Explain how can e-government improve citizen participation in public affairs. 6
4.
What is the role of a 'Firewall' Discuss the relative merits of
developing firewalls in-house or buying a commercial
software?
Given the following product structure ofA; explode, offset and determine the gross and net requirements. All lead times are in weeks and the quantities required are shown in parentheses. The MPS calls for 700 units of product to be delivered in week 12. The company has in hand 300 units ofeach ofthe components C and E.
Determine the order release data for all necessary orders.
I
B(1400)
I
I
E(2800)
LT=2
I
D(4200)
LT=2
A
LT=4
I
I
C(1400)
LT=3
I
F(1400)
LT=4
Explain the key difference between DBMS and RDBMS. Name the
software products which are both DBMS and RDBMS .compliant. 10
Describe the value chain of e-commerce and the procedures for
implementing e-commerce. How would you start performing the
industry analysis for a small business that wants to launch an
e-commerce project? Explain.
SECTIONB
Q5.
In International Trade Theory, how is 'Theory of Absolute Advantage'
different from 'Theory of Comparative Advantage' Which of these is
more preferred
What do you understand by 'Corporate policy' How is it different from 'Business policy'? 10
Discuss the role of the State in business activities. 1.0
Distinguish between "Strategic alliance" and "Joint venture". What
factors should be considered in choosing a co-venturer? 10
Explain the various provisions of Information Technology Act, 2000
relating to appointment, term of office, salary, resignation and removal
of the presiding Officer of the cyber Appellate Tribunal. 10
Q6.
What is Environmental Threat and Opportunity Profile How is it
prepared? Illustrate with an example. 10+10=20
Explain concentric diversification and horizontal diversification
citing recent examples from the Indian corporate world. 10
Do you think hostile takeovers are unethical? Why or why not? 5
Explain the legal formalities and procedures to become an exporter
Q7.
Describe how Michael Porter's 'Five Forces Model' helps in analysing a firm's competitive advantage. Also describe the weaknesses of this model. 15+5=20
Critically evaluate India's Foreign Trade Policy and trends in recent years.
Do you think the 'Make in India' call can bring in changes? 15+5=20
Maruti-Suzuki had started operations in Haryana. Due to a variety of reasons it shifted its expansion activities by setting up a plant in Mehsana, Gujarat. Explain how each of the following resources within the company might influence its overall strategy: 5+5=10
Financial Resources
Human Resource Planning
Q8.
Critically evaluate the EXIM policy of India and state the key
objectives of the Export-Import policy.
How does the governance system affect firm performance and
competitive advantage How do-powerful shareholders exacerb..-tJ,.--the agency problem?
How does the management strategy of multinational companies differ . from that of national companies? Explain.
Explain the Export Credit Delivery System in India
Discuss the Global trends in FDI.
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