BBA603 & ROLE OF INTERNATIONAL FINANCIAL INSTITUTIONS

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ASSIGNMENT

DRIVE FALL	Spring 2014
PROGRAM	Bachelors of Business Administration- BBA
SUBJECT CODE & NAME	BBA603 & ROLE OF INTERNATIONAL FINANCIAL INSTITUTIONS
SEMESTER	6
BK ID	B1905
CREDITS	4
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

1 Give introduction to international finance. Explain the benefits, scope of international finance. List the advantages and disadvantages of globalization.

Answer : International finance is the branch of financial economics broadly concerned with monetary and macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade.

2 Write short note on:

Ø  Balance of Payment

Ø  Current account

Ø  Capital account

Ø  Foreign exchange reserves

Ø  Accounting equilibrium

Answer : Balance of Payment :  Balance of Payments is the record of a country’s transactions with the rest of the world. Terms like trade surplus and deficit are used to describe if the country has more or exports than imports or imports than exports. More specifically, a country has trade surplus if value of exports exceed that of imports. A country has trade deficit if the value of its exports falls short of the value of its imports. US has been

3 Give introduction on foreign exchange. Explain on foreign exchange markets and role of international forex markets.

Answer :  Foreign Exchange

The exchange of one currency for another, or the conversion of one currency into another currency. Foreign exchange also refers to the global market where currencies are traded virtually around-the-clock. The term foreign exchange is usually abbreviated as "forex" and occasionally as "FX."

4 Explain cash-in-advance and write the process of issuing letter of credit and different types of letter of credit.

Answer :  Cash in Advance

The cash-in-advance constraint (sometimes known as the Clower constraint after American economist Robert Clower)[1] is an idea used in economic theory to capture monetary phenomena. In the most basic economic models (such as the Walras model or the Arrow–Debreu model) there is no role for money, as these models are not sufficiently detailed to consider how people pay for goods, other than to say everyone has a budget constraint. To be able to say anything about the money supply, inflation monetary policy and so on

5 Explain the Foreign Direct Investment (FDI). Give the comparison between American Depository Receipt (ADR) and Global Depository Receipt (GDR). Write the categories for trade blocs.

Answer :   Foreign direct investment (FDI) is defined as a company from one country making a physical investment into building a factory in another country. It is the establishment of an enterprise by a foreigner. FDI includes investments made to acquire lasting interest in enterprises operating outside of the economy of the investor. FDI relationship consists of a parent enterprise and a foreign affiliate which together form an

6 Write down the differences between GATT and WTO. Explain the problems and achievements of GATT & WTO.

Answer: Difference between WTO and GATT:-

The World Trade Organization is not a simple extension of GATT; on the contrary, it completely replaces its predecessor and has a very different character. Among the principal differences are the following:

The GATT was a set of rules, a multilateral agreement, with no institutional foundation, only a small associated secretariat which had its origins in the attempt to establish an International Trade Organization in the 1940s. The WTO is a permanent

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BBA601-TECHNOLOGY MANAGEMENT

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ASSIGNMENT

DRIVE	SPRING 2014
PROGRAM	Bachelor of Business Administration- BBA
SUBJECT CODE & NAME	BBA601-TECHNOLOGY MANAGEMENT
SEMESTER	6
BK ID	B1894
CREDITS	4
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

1.Define any one definition of Technology. Explain the concept of technology in brief.

Answer : Definition of Technology

“Technology  is the branch of knowledge that deals with the creation and use of technical means and their interrelation with life, society, and the environment, drawing upon such subjects as industrial arts, engineering, applied science, and pure science.”

Technology can be most broadly defined as the entities, both material and immaterial, created by the application of mental and physical effort in order to achieve some value. In this usage, technology refers to tools and machines that may be used to solve real-world problems. It is a far-reaching term that may include simple tools, such as a crowbar or wooden spoon, or more complex machines, such as a space station or particle

2.List and explain the effects of technology on various human need factors

Answer : Technology has changed the way we as humans live; it changes our understanding of the way things work and changes the way we interact with one another. Technology was once opposed but is now somewhat welcomed into our homes. During the renaissance period, technology was opposed, as the church believed that technology would oppose the beliefs of god. Well they were right. Technology isn’t just computers or TV’s, its engineering science. And in Science, our goal is to progress and understand everything

3.Differentiate between exploratory and normative methods of forecasting.

Answer : Exploratory methods begin from the present, and see where events and trends might take us; normative methods begin from the future, asking what trends and events would take us there.

A fundamental distinction in futures and forecasting studies is commonly drawn between exploratory and normative methods. This terminology is well-established, but rather misleading (since both approaches involve exploration, of course

4.Describe the process of Technology assessment and evaluation with a neat diagram

Answer : We are living in the digital revolution and, much like the industrial revolution, progress is truly exponential. We hear about a new smartphone, new app, new technology every single day. With so many new technologies on the market, how do you sort through the irrelevant and the junk? There are some amazing things out there you could be missing… but other “technologies” just turn out to be a waste of time.

CHECKLIST :

Bottom-Line Performance President Sharon Boller developed Technology Evaluation Checklist for herself to help the company make smarter

5.Briefly explain the government initiative for technology transfer in India.

Answer : Technology Transfer is the intersection between business, science, engineering, law and government ...

 Technology transfer is the process by which basic science research and fundamental discoveries are developed into practical and commercially relevant applications and products. Technology Transfer personnel evaluate and manage invention portfolios, oversee patent prosecution, negotiate licensing agreements and periodically review cooperative research agreements already in place. Part of the technology transfer process involves the prosecution of patents which is overseen by the national Patent and Trademark Office.

6 Write note on

a. Moore’s Law

Answer : Moore’s Law is a computing term which originated around 1970; the simplified version of this law states that processor speeds, or overall processing power for computers will double every two years.  A quick check among technicians in different computer companies shows that the term is not very popular but the rule is still accepted.

To break down the law even further, it specifically stated that the number of transistors on an affordable CPU would double every two years (which is essentially the same thing that was stated before) but ‘more transistors’ is more accurate.

b. Innovation Performance

Answer : It is not an easy job to achieve the level of consistent innovation expected within any organization. Often those breakthroughs never seem to be repeated, we struggle to understand the reasons why we can’t achieve that regular rhythm or dependable outcomes from the innovation portfolio, that we would have expected or the board demands.

If you ever look at high performance in sport it is in the

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BBA602- Management Development and Skills

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ASSIGNMENT

DRIVE FALL	Spring 2014
PROGRAM	Bachelors of Business Administration- BBA
SUBJECT CODE & NAME	BBA 602- Management Development and Skiils
SEMESTER	6
BK ID	B1905
CREDITS	4
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

1 Give introduction to international finance. Explain the benefits, scope of international finance. List the advantages and disadvantages of globalization.

Answer : International finance is the branch of financial economics broadly concerned with monetary and macroeconomic interrelations between two or more countries. International finance examines the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, foreign direct investment, and how these topics relate to international trade.

2 Write short note on:

Ø  Balance of Payment

Ø  Current account

Ø  Capital account

Ø  Foreign exchange reserves

Ø  Accounting equilibrium

Answer : Balance of Payment :  Balance of Payments is the record of a country’s transactions with the rest of the world. Terms like trade surplus and deficit are used to describe if the country has more or exports than imports or imports than exports. More specifically, a country has trade surplus if value of exports exceed that of imports. A country has trade deficit if the value of its exports falls short of the value of its imports. US has been

3 Give introduction on foreign exchange. Explain on foreign exchange markets and role of international forex markets.

Answer :  Foreign Exchange

The exchange of one currency for another, or the conversion of one currency into another currency. Foreign exchange also refers to the global market where currencies are traded virtually around-the-clock. The term foreign exchange is usually abbreviated as "forex" and occasionally as "FX."

4 Explain cash-in-advance and write the process of issuing letter of credit and different types of letter of credit.

Answer :  Cash in Advance

The cash-in-advance constraint (sometimes known as the Clower constraint after American economist Robert Clower)[1] is an idea used in economic theory to capture monetary phenomena. In the most basic economic models (such as the Walras model or the Arrow–Debreu model) there is no role for money, as these models are not sufficiently detailed to consider how people pay for goods, other than to say everyone has a budget constraint. To be able to say anything about the money supply, inflation monetary policy and so on

5 Explain the Foreign Direct Investment (FDI). Give the comparison between American Depository Receipt (ADR) and Global Depository Receipt (GDR). Write the categories for trade blocs.

Answer :   Foreign direct investment (FDI) is defined as a company from one country making a physical investment into building a factory in another country. It is the establishment of an enterprise by a foreigner. FDI includes investments made to acquire lasting interest in enterprises operating outside of the economy of the investor. FDI relationship consists of a parent enterprise and a foreign affiliate which together form an

6 Write down the differences between GATT and WTO. Explain the problems and achievements of GATT & WTO.

Answer: Difference between WTO and GATT:-

The World Trade Organization is not a simple extension of GATT; on the contrary, it completely replaces its predecessor and has a very different character. Among the principal differences are the following:

The GATT was a set of rules, a multilateral agreement, with no institutional foundation, only a small associated secretariat which had its origins in the attempt to establish an International Trade Organization in the 1940s. The WTO is a permanent

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MH0054 – Finance, Economics and Planning in Healthcare Services

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DRIVE	SPRING 2014
PROGRAM	MBA (Sem 3), MBADS (Sem 3 / Sem 5), PGDHSMN (Sem 1)
SUBJECT CODE & NAME	MH0054 – Finance, Economics and Planning in Healthcare Services
BOOK ID	B1215
CREDIT & MARKS	4 Credits, 60 marks

1 Explain the various financial functions within the healthcare organisations.

Answer: Financial Functions within the Organisation

Financial functions in healthcare organisation can be categorised under the

following categories:

1. Controllership

2. Treasurership

You will notice that there are hardly any healthcare organisation having separately identified positions as the ones written above, yet every substantial organisation has the separation of duties. Following is the manner in which the above two functions can be further classified:

1. Controllership

2 Explain the claims process in healthcare organisations.

Answer: Cashless hospitalisation

To avail cashless hospitalization treatment at network hospitals:

Step 1: The insurance company provides the list of network hospitals offering cashless facility for treatment.

Step 2: The claimant needs to produce the insurance healthcard at the hospital.

Note: In case the healthcard is not yet issued, the hospital should contact the insurance company (usually a toll free no.) and refer the policy no. at all times.

3 Discuss the types of taxes. Add a note on service tax on healthcare organisations.

Answer:  Types of Taxes are

Income Tax: The Income Tax Act of 1961 stipulates that any person who qualifies as an assessee and whose gross income is more than the exemption limit is required to pay Income Tax in accordance with the rates indicated by the Finance Act.

Corporate Tax: India Corporate Tax is the tax charged on the profits earned by associations and companies by several jurisdictions. The rate of Corporate Tax in India depends on whether the profits have been passed on to the shareholders or not.

4 Explain different methods of evaluation of healthcare services.

Answer: There are many methods to evaluate healthcare services are:

Marginal analysis

This is the one of simplest method of micro-economic evaluation. In this method, there is no need to know the total exact costs or benefits of the various services or treatments. It involves a comparison of the marginal costs and benefits of the alternative services, and it leaves much to the judgements of the decision-maker. It provides estimates of the implications of redeploying resources within, to, or from a programme where alternative patterns of

5 Define cost accounting. Explain the various categories of costs.

Answer: Cost accounting is the classification, recording and appropriate allocation of expenditure for the determination of the products or services, and for the suitable presentation of data for the purpose of control and management. The cost accounting normally includes the cost of job or contract, batch, process and so on. It normally illustrates the following compartments of the cost aspect of the organisation viz. production, administration, selling and distribution. The cost accounting not only reveals the amount of costs, which are relevant with the product or service, but also establishes the ways and means to control through budgets and standard cost in order to maintain the profitability of the firm.

6 Explain the importance of healthcare planning. Add a note of types of healthcare planning.

Answer:  Importance of healthcare planning

Health systems in most high-income countries aim to provide a comprehensive range of services to the entire population and to ensure that standards of quality, equity and responsiveness are maintained. Although approaches vary widely, responsibility for developing the overall framework for financing and organizing health care usually lies with the central government, while governance of the health system is often shared by central and regional authorities.

Healthcare planning can be associated with two

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MH0053 - Hospital & Healthcare Information Management

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ASSIGNMENT

DRIVE WINTER	2013
PROGRAM	MBADS – (SEM 3/SEM 5) MBAN2 / MBAHCSN3 /MBAFLEX – (SEM 3) PGDHSMN – (SEM 1)
SUBJECT CODE & NAME	MH0053 - Hospital & Healthcare Information Management
BK ID	B1214
CREDITS	4
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

1 Discuss the steps in developing Health Management Information system as per World Health Organization.

Answer: Steps in Developing Health Management Information System as per World Health Organization

Step 1: Review the existing system

Principle

Do not destroy existing systems; build on the strengths and learn from the weakness of what already exists.

Steps

 Make an inventory of the forms, log books and other tools used to record and summarize data at different levels.

 Assess the quality of the data being collected

Step 6: Develop and implement a training programme for data providers and data users

Principle

 Training programmes should be designed according to the needs and level of the target groups.

Steps

 Conduct a training need assessment for data providers and data users. Four types of training are usually conducted. These are:

o Training of trainers

o Training of data providers at the peripheral levels on

2 Define Hospital Information System. Explain the categories of Information system in hospital.

Answer: Hospital Information System is defined as an open system, which attempts to integrate and communicate the outside and inside flow of information within a hospital and provide the functions common for all applications.

Categories of Information system in Hospitals

There are three general categories of information systems available in hospitals: clinical or medical information system, information system to support administrative operation and management planning and control systems (to consider as an administrative information system) and ancillary (support service) technical information system. Taken together, these three categories of information systems provide all elements of information required for the development of total information system.

3 Define E-health. Discuss the advantages and challenges in E-health.

Answer: E-health is defined as the use of communication and information technology in the field of medicine. Transfer of medical records or other related data takes place through electronic processes. It also enables two professionals at different geographical locations to interact with each other

Advantages and Challenges in E-health are

E-health is a rapidly growing technology. However, it faces certain challenges as the population is widespread. Most of the population in India is spread across villages and hilly terrains. Delivering E-health services to these areas could prove a challenge. Let us look into some of the challenges faced by E-health in India.

4 Describe the process of audit. Add a note on types of audit.

Answer: The process of audit involves the following steps:

1. Recognise Problem or Issue

In this phase, the issue to be audited is chosen. It also involves evaluating adherence to healthcare procedures that have shown best results for patients.

Selection on a topic for audit is dependent on the following factors:

 Where national standards and strategies are present. There

5 Discuss the components of quality assurance in health care.

Answer: The components of quality assurance in health care are:

 Quality design is a planning process. The design process defines the organization's mission, including its clients and services. It allocates resources and sets the standards for service delivery. Quality design begins with defining the organization's mission, including its purpose,values, objectives, and clients, with focus on quality. In quality design the participation of front-line service providers, field supervisors, and clients is crucial. Quality design decisions often involve weighing the costs, risks, and benefits of different

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