Tuesday, November 13, 2012

IMPORTANT QUESTIONS FOR MANAGEMENT SCIENCE(ECE FINAL YEAR)










Unit-1
                       1)    What is the concept of Management, Explain its Nature, Scope and
                importance to the organisation                        
         2)    What is Management, Explain the functions of Management
         3)    Explain the Principles of Management or describe the 14 principles of 
               Management as outlined by Henry Fayol
         4)    Explain the evolution of Management
Unit-2
1)    Explain the principles of a sound organisation 
2)    What is an organisation, Explain its levels and types
3)    What do you mean by Departmentization, evaluate any three methods of  Departmentization
Unit-3
1)    What is Plant location, explain factors affecting plant location
2)    Define productivity and production, explain how productivity can be enhanced in the Indian industries
3)    Explain the concept of SQC, explain how you can construct control charts for the variables
PROBLEMS:
ü Mean charts
ü Range charts
ü P-charts
ü np-charts
ü C-charts
Note: Required Table value for the calculation of Mean and Range problems


Unit-4
1)    What is Inventory, explain the methods of pricing while issuing of Materila(FIFO,LIFO,HIFO,Weighted average and Simple average)
2)    What is Marketing, Explain the functions of Marketing
3)    What is PLC, explain various stages in PLC with diagram
PROBLEMS:
ü FIFO, LIFO, Weighted Avg., and Simple Avg.
ü EOQ, ABC problems
Unit-5
1)    What is HRM, Explain the differences between personnel management & industrial relation and HRM
2)    Explain the Functions of HR or personnel Manager
3)    What is job evaluation, explain its advantages and methods of job evaluation
Unit-6
1)    What is Network analysis, explain the difference between PERT and CPM
2)    What is Project Management, explain the nature of cost and time in project
PROBLEMS
ü CPM
ü PERT
Note: Table value is required in PERT problems when estimated time is given

Unit-7
1)    What is corporate planning, explain the characteristics of Mission statement
2)    Explain the major elements under corporate planning
3)    What is environmental scanning, explain the importance of environmental scanning to the organisation
4)    What is SWOT analysis, explain the significance of swot analysis
5)    How the Mission statement is different from the vision
Unit-8
1)    What is J-I-T, Explain the importance of JIT in present scenario(Have to write one case study)
2)    Explain how products are developed in TQM environment
3)    Explain the importance of Six sigma
4)    Explain the importance of supply chain management process
Note:  one case study should write the above contemporary management techniques
       
                    I wish you all the best 








Wednesday, August 29, 2012

ASSIGNMENT QUESTIONS FOR MS FOR IV ECE STUDENTS













1) What is Management, explain the functions of Managemnt

2) What is Organizational structure, explain various types of Traditional and modern Organizational structure

3) What is SQC, what are the different techniques we use under control charts with suitable formulas

4) What is Marketing, Explain the functions of Marketing

Write short notes

1) POSDCORB
2) Virtual orgnanization
3)EOQ
4) 4 Ms in Marketing
5) 5 Ms in production

Wednesday, August 08, 2012

IMPORTANT QUESTIONS FOR POM









From unit-1
1)      What is POM; explain its role in bringing a competitive edge for industry
2)      Discuss the major difference between production of goods & production of services
3)      Explain the role of production manager, skills and knowledge required to become a successful operations manager
4)      Explain the production process, identify & describe two specific operation management problems that are important for that process
5)      What is value analysis, explain various phases of value analysis
From unit-2
1)      Explain various factors to be considered for determining the location of a given industry with suitable examples
2)      What is an Urban & Rural sites, Explain these procedures the locate the industries in Urban& Rural sites(Advantages Disadvantages)
3)      What is product design, explain the procedure to be followed in designing an efficient functional layout
4)      Discuss the factors influencing the location of facilities
5)      Explain various strategies used in aggregate planning & objectives of aggregate planning
From unit-3(Theory and problems)
Theory
1)      What is Scheduling, Explain various standard scheduling rules
2)      Explain how Johnson’s rule minimize the total elapsed time  in two stages problem
3)      Difference between an aggregate plan and master production schedule
4)      Explain the terms Job rotation, Job enlargement and job enrichment clearly
Problems
Job sequencing

ü  When single criterion rule is applied (FCFS,SPT,LPT,EDD,LS,TSPT&COVERT)
ü  When two machines on different jobs are given
ü  When three machine on different jobs are given (APPLY JOHNSON’S RULE)
ü  When four and five machines are given


From unit-4(Theory and problems)
Theory
1)      What is quality control, explain various types of quality control charts
2)      What is productivity, discuss productivity measurement approach with special reference to manufacturing industry
3)      What is ISO, explain the total quality control standards, three sigma and six sigma concepts clearly
Problems
Control charts for variables:     Mean charts & Range charts
Control charts for attributes:    Fraction defective charts (P-Charts,np-charts&C-charts)
From unit-5(Theory and problems)
Theory
1)      What is project management, Explain the importance of Network analysis in manufacturing industry
2)      What is Pert/Cpm, Explain the advantages and Limitations
3)      What is Pert/Cpm, Explain the calculation procedure of Earliest time of event(ET)&Latest time of event(LT)
4)      Explain the importance of Gantt charts
Problems
ü  CPM-Basic problems
ü  PERT-Basic problems
ü  PERT-Deviations( Z value identification )







Thursday, April 26, 2012

JOURNAL ENTRIES


Journal Entries
                “Journal” is the word  came from Latin word, It means daily recorded book. Recording is the basic function of accounting.
                “Entry” means a summary of business transaction. Journal entries also called prime entries, because the transactions of business starts from this book only.


Golden - Rules for journal entries

            Accounts broadly divided into two categories. They are 
(i) Personal Accounts 
(ii) Impersonal Accounts 
Again Impersonal Accounts divided into a) Real Account b) Nominal Account.
Various rules and types of Accounts showed in a diagram format as follows
Personal Accounts
Natural Personal Accounts : Sreenivas , Raju, Ramu, Shoban etc.
Artificial Personal  Accounts: R.S.Brothers, J.C Brothers, Bomma College etc.
Representative Personal Accounts: Prepaid Salaries, outstanding Wages etc.
Rule
                                                    Debit the Receiver        and              Credit the Giver

                                                                                 Ex: Rs 5,000/- Deposited in  S.B.H
                                                                     S.B.H A/c             Dr           5,000
                                                                                                   To Cash A/c                        5,000
Impersonal Accounts
Real Account: Cash, Buildings, Land, Machinery etc.

Rule
    Debit what comes into the  and  Credit what goes out from org.
                                                                                                                  
                                                                         Ex: Computer  Purchased Rs 20,000/-
                                                                               Computer A/c   Dr           20,000
                                                                                                    To Cash A/c                        20,000

Nominal Account: Salaries paid, commission received, Discount allowed etc
Rule
             Debit all expenses and losses     & Credit all incomes and gains


Entries in Personal Accounts
1.       Rs 20,000/- deposited in Andhra Bank on 23-06-2010
2.       Rs 20,000/- withdrawn from I.C.I.C.I on 24-06-2010
3.       Srinivas commenced business with cash Rs 1,00,000
4.       Received cash from Goyal  Rs 8,000 on account
5.       Issued cheque to shoban Rs 7,500
6.       Cash withdrawn from office for personal use Rs 1,000 and withdrawn Rs 15,000 from Bank
7.       Goods withdrawn for personal use Rs.2,000
8.       Goods returned to Ajay 2,000
9.       Goods returned by Deepak 1500
10.   Received cash from Vishwanadam, Allowed discount 4,400 and 100.
11.   Paid Raja gopalan by cheque and discount allowed by him 4,900 and 100 respectively
12.   Outstanding for Salaries Rs 3,000
13.   Paid to Suresh Rs 1500
Compound Entries: Some times there are a number of transactions on the same date relating to one particular account or of one particular nature. Such transactions may be recorded by means of a single Journal entry instead of passing several Journal entries.
14.   Payment made to Ram Rs 1,000. He allowed a cash discount of Rs 50.
15.   Cash received from sreenivas Rs 800 and allowed him Rs 50 as discount.
16.   A running business was purchased by mohan with the following Assets & Liabilities.
Cash Rs 2,000; Land Rs 4,000; Furniture Rs 1,000; Stock Rs 2,000; Creditors Rs 1,000; Bank overdraft Rs 2,000

“Journal Book”
Dr                                                                                                                                                                           Cr

Date
Particulars
L.F
Debit
Credit
23-06-10
Andhra Bank A/c           Dr
To Cash A/c
[Being cash deposited in Andhra Bank]

20,000


20,000
24-06-10
Cash A/c          Dr
To ICICI A/c
[Being cash withdrawn from ICICI]

20,000


20,000
25-06-10
Cash  A/c                                          Dr
To Sreenivas Capital     A/c  
[Being commencement of Business]

1,00,000


1,00,000
26-06-10
Cash  A/c                      Dr
To Goyal  A/c
[Being cash received from Goyal]

8,000


8,000
27-06-10
Shobhan   A/c                    Dr
To Bank  A/c
[Being cheque issued to Shobhan]

7,500


7,500
28-06-10
Drawings  A/c                Dr
To Cash  A/c
[Being cash withdrawn from office for personal use]

1,000


1,000
28-06-10
Drawings  A/c                    Dr
To Bank  A/c
[Bing cash withdrawn from bank for personal use]

15,000


15,000
29-06-10
Drawings  A/c                 Dr
To Goods  A/c
[Being goods withdrawn for personal use]

2,000


2,000
30-06-10
Ajay  A/c                                          Dr
To Purchase Returns A/c
[Being purchase returns to Ajay]

2,000


2,000
30-06-10
Sales Returns  A/c                Dr
To Deepak  A/c
[Being Sales Returns from Deepak]

1,500


1,500
01-07-10
Rajagopal A/c                Dr
To Bank A/c
[Being cheque issued to Raja Gopal]

4,900


4,900
01-07-10
Rajagopal  A/c             Dr
To Discount A/c
[Being Discount allowed by him]

100


100
02-07-10
Cash  A/c                                  Dr
To Vishwanadam  A/c
[Being cash received from vishwanadam]

4,400


4,400
02-07-10
Discount A/c                            Dr
To Vishwanadam A/c
[Being Discount allowed to vishwanadam]

100


100
03-07-10
Salaries  A/c                                          Dr
To Outstanding Salaries A/c
[Being Salaries outstanding ]

3,000


3,000
04-07-10
Suresh  A/c                Dr
To Cash A/c
[Being cash paid to Suresh]

1,500


1,500
05-07-10
Ram  A/c                               Dr
To Cash        A/c
To Discount A/c
[Being payment to Ram Rs 1,000 and he allowed Rs 50 as discount]

1,050



1,000
50
06-07-10
Cash  A/c                            Dr
Discount  A/c                    Dr
To Suresh  A/c
[Being cash received from Suresh Rs 800 and discount allowed Rs 50]

800
50



850
07-07-10
Cash  A/c                      Dr
Land A/c                      Dr
Furniture  A/c             Dr
Stock A/c                     Dr
To Creditors   A/c
To Bank O.D   A/c
To Capital       A/c
[Being commencement of Business by mohan by taking over a running business]
Note: The difference between Assets & Liabilities is called Capital.

2,000
4,000
1,000
2,000









1,000
2,000
6,000