Ist Year Sub: Business Law. Distance Learning Programme. MBA (Materials Management) Session : Assignment No-1.

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1 Sub: Business Law Code: MMM- 07 MBA (Materials Management) Q. No.1 Define the following terms under MRTP ACT 1969 a) Restricting Trade Practices b) Unfair Trade Practices c) Monopolistic Trade Practices Q. No.2 What is a Contract? Enumerate some of the Contracts which are expressly declared to be void by the Indian Contract Act Q. No.1 Explain the doctrine of Coveat Emptor what is the modern pproach to this rule? Q. No.2 Distinguish between :- a) Public Law and Private Law b) Criminal Law and Civil Law c) Substantive Law and Procedural Law Distance Learning Programme Ist Year INDIAN INSTITUTE OF MATERIALS MANAGEMENT N H Q EDUCATION WING Plot No 102 & 104, Sector 15, Institutional Area, CBD, Belapur, Navi Mumbai Phone : Fax : iimmed@vsnl.net In Association with MADHYA PRADESH BHOJ (OPEN) UNIVERSITY Raja Bhoj Marg, (Kolar Road), Bhopal (MP) Phone: , Fax:

2 Sub: Management Functions & Behaviour Code: MMM- 01 Q. No.1 Briefly discuss the principles of management based on ancient Indian wisdom. Q. No.2 Write short notes on the following :- (a) Qualities of a good manager (b) Zero base budgeting (c) PERT and CPM Sub: Information Technology Code: MMM- 06 Q. No.1 Write short notes on : a) Functions of CPU b) RAM and ROM c) MICR d) Scanning Devices Q. No.2 Write briefly on :- a) History of LINUX b) MS-DOS (Disc Operating System) c) Network and Net surfing Q. No.1 Write short notes on :- a) Management Audit b) Principles of Organization c) Business Process Reengineering (BPR) Q. No.2 What do you mean by Management by Exception? Discuss the main benefits of Management by Exception? Q. No.1 a) What roles does Internat play in any organization? b) Explain the following : I Client and Server II Host and Terminal III Data and Information Q. No.2 What are important characteristics of a computer 2 7

3 Sub: Accounting and Finance for Managers Code: MMM- 05 Sub: Human Resource Management Code: MMM- 02 Ist Year Weightage =15 Q. No.1 Explain four methods of Valuation of Inventory? Q. No.2 Write short notes on :- a) Is accounting useful for business? b) Explain the role of computers in accounting and Finance? c) Difference between manufacturing cost and indirect manufacturing cost. Q. No.1 What do you mean by Working Capital Cycle What are the factors influencing Working Capital Explain benefits and the importance of short term fund Management? Q. No.2 What is the difference between Net Present Value (NPV) and internal role of Reform (IRR) Why NPV is the most reliable method? Q. No.1 Distinguish between :- a) Transfer and Promotion b) Discharge and Dismissal c) Placement and Induction Q. No.2 Define Performance Appraisal. What are the main features (Characteristics) and objectives of performance appraisal? Q. No.1 Outline the steps involved in the Human Resource Planning Process? Q. No.2 What is TQM? What is Deming s Advice on Achieving Quality? 6 3

4 Sub: Quantitative Methods Code: MMM- 03 Q. No.1 a) Explain the methods of Investment Evolution? b) A new machine is expected to last 8 years and to produce the annual savings of Rs /- what is its present value allowing interest at 7% per annum? Q. No.2 a) Define Geometric Progression? b) A small water pump costs Rs. 8200/- and is expected to last for 14 years and then have a sorap value of Rs. 940/- If depreciation is to be calculated as a fixed percentage of current book value at the end of each year what should be the percentage? Q. No.1 What are the transportation problems? Explain linear programming for transportation problem and the ways to minimize the combined production and transportation cost? Q. No.2 Explain Theory of sampling? What are various methods of sampling? Sub: Managerial Economics Code: MMM- 04 Q. No.1 Write short notes on : a) Factor Elasticity b) Technological Change c) Production and Productivity d) Fixed inputs and variable inputs Q. No.2 What are opportunity costs? Explain with the help of examples, what problems are faced in measuring these costs? Q. No.1 Describe the difference between the accounting and economic concept of profit? Q. No.2 Distinguish between:- a) Fixed and variable cost b) Marginal and Incremental cost c) Explicit and Implicit cost 4 5

5 IMPORTANT POINTS TO BE NOTED BY STUDENTS IMPORTANT POINTS TO BE NOTED BY STUDENTS 1. Assignments must be written by students in their own handwriting. 2. One copy of the Assignment must be kept by students so that in the event of the loss in transit, the duplicate copy of assignment could be sent by the students. 3. Students are required to secure 40% of marks in assignment to pass the examination. 4. Assignments must be prepared & dispatched at IIMM New Delhi through their respective branches. 5. Assignment must reach Delhi office as per schedule given below a) Ist Assignment by 31st May 2010 b) IInd Assignment by 31st August No delay will be acceptable. 7. Weightage is 12 out of 30 marks. 1. Assignments must be written by students in their own handwriting. 2. One copy of the Assignment must be kept by students so that in the event of the loss in transit, the duplicate copy of assignment could be sent by the students. 3. Students are required to secure 40% of marks in assignment to pass the examination. 4. Assignments must be prepared & dispatched at IIMM New Delhi through their respective branches. 5. Assignment must reach Delhi office as per schedule given below a) Ist Assignment by 31st May 2010 b) IInd Assignment by 31st August No delay will be acceptable. 7. Weightage is 12 out of 30 marks.