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BBA404- SMALL
BUSINESS MANAGEMENT
Credit-2
Book ID-B1715
Max. Marks-30
Q1. Write short notes on the following:
a) Various forms of organisation
b) Competitive strategies
(a) Various forms of organisation, b) Competitive strategies)5,5
Answer.
a) Various forms of organisation
Small business may operate under
any one of several forms of organisation. These are:
1) Sole proprietorship Here the owner and
manager is the same person, who will have the responsibility of taking care of
each and every aspect of the business. This is a common business structure.
With this structure, operation is
Q2. What is meant by working capital? Explain the various sources of
working capital.
(Meaning of working capital, Explanation of various sources of working
capital)2,8
Answer.
Working capital
Working capital (abbreviated WC)
is a financial metric which represents operating liquidity available to a
business, organization or other entity, including governmental entity. Along
with fixed assets such as plant and equipment,
Q3. Describe the following:
(a) Capacity management
(b) Managerial activities
((a) Description of Capacity management, (b) Description of Managerial
activities)5,5
Answer.
(a) Capacity management
Capacity refers to the output the
plant can produce in a time period. Building capacity in excess of demand
requirement will result in blocking up of funds in idle capacity. Too short a
capacity will force the business to forego orders resulting in customer
dissatisfaction. Consequently, it will sap the morale of the marketing staff.
It is
BBA 403 - International marketing
BK ID-B1714
CREDIT & MARKS-4 CREDITS, 60 MARKS
Q.1. Explain the meaning, need and significance of international
marketing. (Meaning, Need, significance) 3, 4, 3
ANS:
Meaning of International
Marketing
Before trying to understand the
definition of international marketing let us recapitulate the definition of
“Marketing” as given by Mr. Kotler, an authority on the subject. According to
Mr. Kotler, “Marketing is a societal process by which individuals and groups
obtain what they need and want
Q2 What are the elements of culture? Explain.
(Elements of culture)
Answer:
Broadly, culture constitutes five
elements called the values, rituals, symbols, beliefs and thought processes as
referred in the foregoing
Q3 Assessing political environment plays an important role in taking business
decisions.
Discuss this statement. What risks could arise due to political
environment?
(Discuss the statement, Political risk)
Answer:
Assessing the political
environment always plays a very important role in arriving at any business
decision. Foreign firm operations are drastically affected due to certain laws
and regulations directed by local, regional and/or central government.
Further, assessing the political
situation and climate of the home country is much easier compared to the one in
a
Q.4. Explain the meaning and need of secondary research in
international marketing. (Meaning, need) 3, 7
ANS:
Secondary Research
As the name indicates, secondary
data is the data collected by somebody earlier for their use. Secondary
research is carried out first. This research is conducted by collecting data
from the following
Q.5. What is the mode of entry adopted by McDonalds? Discuss the
various modes of entry in international business. (Mode of entry by McDonalds,
Modes of entry) 3, 7
ANS:
Mode of entry adopted by
McDonalds
Mcdonald is the world famous fast
food restaurant. Mcdonald’s from its day first has always tried to have strong
Q6 Write short notes on:
a) Product diversification
b) Product customization
[a) meaning and benefits of product diversification b) meaning and
benefits of product customization] 5, 5
Answer:
Product Diversification
Product diversification is a
conscious activity undertaken by business firms where new products are added to
the existing portfolio of product/s to exploit the additional sales
opportunities available in the market.
The International Marketer
secures a marketing edge over competitors by diversification of products in
which
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BBA 402 &
MANAGEMENT ACCOUNTING
BK ID B1713 CREDIT
& MARKS 4 Credits, 60 marks
Q. No 1 Explain the importance of Management Accounting and Need of
Management Accounting.
(Explanation of Management accounting, Need of Management
Accounting) 7 +3 =10
Answer: Importance
Management accounting is very
helpful to management in every field of activity. It assists the management in
the performance of the various managerial functions of planning, controlling,
co-
Q2. Explain the various steps in Budgetary Control. Advantages of
Budgetary Control.
(Steps in Budgetary Control,
Advantages of Budgetary Control) 4 +6
=10
Answer: The various steps included in the budgetary control system are:
1. Determination of organisational
objectives – Budget is a tool for implementing the organisational
Q3. What is absorption costing? Explain the features of absorption
costing. Write the differences between absorption and marginal costing.
(Absorption costing, Features of absorption costing, Difference between
absorption and marginal costing) 3 +3 +4 =10
Answer:
Absorption costing: Absorption
costing is a technique or practice of ascertaining the cost per unit of goods
produced or service rendered. Absorption costing is the practice of charging
all costs, both fixed
Q4. Explain the three types of financing in working capital.
Raw material: Rs.80 per unit, labour: Rs.30
per unit; overheads: Rs.60 per unit, selling price/unit Rs.200: raw materials:
one month, work in progress: 15 days, finished goods: 1 month; creditors: 1
month; debtors: two months, Wages: 45 days; overheads: 1 month; ¼ of production
is sold in cash. Desired cash balance is Rs.3,65,000. Production per annum is
1,04,000 units. Estimate the working capital.
(Explanation of financing of
working capital, Estimation of working capital) 3 +7 =10
Answer:
Q5.
Use
the following information to prepare:
A
schedule of changes in working capital.
A
funds flow statement of Sahana & Co.
Balance
Sheet of Sahana & Co.
Liabilities 31.03.2010 31.03.2011 Assets 31.03.2010 31.03.2011
Capital 1,85,000 2,10,000 Goodwill (at 60,000 60,000
P&L 1,47,800 1,76400 cost) 1,85000 2,20,000
account 1,20,000 90,000 Land 47,400 52,400
Bank 40,000 68,000 andbuilding 19,400 19,400
loan 1,40,000 1,22,000 Plant 82,600 72,400
Bills 20,000 18,000 andmachinery 1,20,000 1,28,000
payable Furniture 80,000 72,100
Sundry Inventory 50,000 48,300
Creditors Sundry 8,400 11,800
Provision Debtors
for Bills
taxation Receivable
Bank
Cash
6,52,800 6,84,400 6,52,800 6,84,400
Schedule of
changes in working capital 5 10
Fund flow
statement of Sahana & Co 5
Answer: Statement of changes in
working capital from 01.04.2010 to 31.03.2011.
Statement of Changes
Q6 Give the meaning of dividend policy. Explain the significance of
dividend decision and types of dividend policy.
( Meaning of Dividend policy,
Significance of dividend decision, Types of dividend policy) 3 +2 +5 =10
Answer: Meaning of Dividend
Policy:
Dividend policy is the policy
drafted by companies regarding the amount to be paid to shareholders in the
form of
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BBA401- E-COMMERCE
BK ID B1712 CREDIT 4
MARKS 60
Q.No 1 a. Amazon is the world's online marketplace® for all the books,
enabling trade on a local, national and international basis. With a diverse and
passionate community of individuals and small businesses, Amazon offers an
online platform where millions of items are traded each day. Mention and
explain the various opportunities offered by ecommerce for businesses
b. What are the advantages and disadvantages of eCommerce?
( a. Listing the opportunities and explaining b. Listing the main
advantages, Listing the disadvantages) 3+3+4=10
Answer:
a) E-Commerce Opportunities offered by eCommerce for Businesses:
Q2 a. The TCP/IP reference model is the network model used in the
current Internet architecture. This model is derived from the OSI model and
they are relatively same in nature. Explain the different characteristics of
Gateways in the TCP/IP reference model with a neat diagram
b. Write short note on Hyper Text Markup Language (HTML) with example
(a. Diagram Characteristics b. Explanation on HTML Example )3+3+3+1=10
Answer:
a)
Characteristics of Gateways
• Gateway routers are used to connect
dissimilar LANs and perform all the functions of bridges and routers. It
operates as all seven layers of the OSI Reference Model.
• Gateways provide full protocol
conversion from one proprietary LAN technology to another.
• Gateway uses
Q3 Hanson websites are built to work for your business and are built on
the concept of intelligent website. An intelligent website is more than just a
brochure on the web. It allows you to edit the website yourself through a
Content Management System (CMS). What is the need for an intelligent website?
(Listing the steps Explanation) 4 +6 = 10
Answer:
Step 1: Basic Web traffic
analysis
Before starting any Web activity,
one first needs to analyse the Web traffic. This type of data provides a
Q4. When a data is sent across the network it is encrypted and arranged
in a way that even if there is a diversion in the flow of data should not leak
the data. At the reception it is decrypted and actual data is obtained. Explain
the different methods of encryption technique.
(Listing, Explanation each of them, Diagram for each of them) 1+5+4=10
Answer:
There are three types of cryptography
or methods of encryption:
• Secret key or private key or symmetric
key cryptography
• Public key or asymmetric key
cryptography
Q5. Explain the different categories of electronic payment system in
detail
(Listing the types and sub types, Explanation)3 +7 =10
Answer: There are three main
categories of EPS.
1.Banking and Financial Payments
2.
Q6. We know that there are various internet services which help us to
make the use of network efficiently. Being a regular user of the various
services without probably knowing the technical aspects explain those services
in details with an example.
(Listing the various services, Explanation, Examples) 2+6 +2 = 10
Answer
Services that are
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