Description
TUTOR MARKED ASSIGNMENT
Course Code : MCO-01
Course Title : Organisation Theory and Behaviour
Assignment Code : MCO-01/TMA/2023
Coverage : All Blocks
Maximum Marks : 100
Attempt all the questions.
Question 1. What do you mean by bureaucracy? Discuss its characteristics. (20) Do you think that bureaucracy enhances efficiency in the organisation. Give your arguments.
Question 2. (a) Explain process of perception. What are the factors those influence perception?
Question 2. (b) Discuss individual management strategies of stress. Do you think that they can reduce stress in the organisation? Discuss.
Question 3. Comment briefly on the following statements: (20)
a) Persuasion is a fact of modern life
b) Stress is moderated by anxiety and burnout.
c) Job design is a continuous process.
d) Culture is the social glue that helps hold the organisation together.
Question 4. Difference between the following: (20)
a) Classical and neo-classical theory of management
b) Classical conditioning and operant conditioning
c) Positive reinforcement and negative reinforcement.
d) Evolutionary and Revolutionary strategies of change
Question 5. Write short notes on the following: (20)
a) Resistance to Change
b) Work Related Attitudes
c) Group Cohesiveness
d) Barriers to Communication
TUTOR MARKED ASSIGNMENT
Course Code : MCO-04
Course Title : Business Environment
Assignment Code : MCO-04/TMA/2023
Coverage : All Blocks
Maximum Marks : 100
Attempt all the questions.
Question 1. What do you understand by business environment? Discuss its importance for the business.
Question 2. How does socio-cultural environment affects business decision-making? Give a brief ketch of the nature of socio-cultural environment prevailing in India.
Question 3. What is an industrial license? Enumerate the circumstances under which it is necessary.
Question 4. Why is Indian economy regarded an underdeveloped economy? State its basic characteristics.
Question 5. Explain the concept of globalization as a national policy with particular references to the policy initiative taken by the Government of India since 1991.
TUTOR MARKED ASSIGNMENT
Course Code : MCO-05
Course Title : Accounting for Managerial Decisions
Assignment Code : MCO-05/TMA/2023
Coverage : All Blocks
Maximum Marks : 100
Attempt all the questions.
Question 1. a) Costs may be classified according to their nature and characteristics. Explain. (10+10)
Question 1. b) State the conditions under which the income statement prepared with absorption costing and marginal costing will give different results.
Question 2. Distinguish between the following: (4X5)
a) Variable and Fixed costs
b) Differential costing and Marginal costing
c) CVP analysis and Breakeven analysis
d) Cash Budget and Master budget
Question 3. Following in the Trial Balance of a limited Company as at 31st December, 2021 (20)
Particulars | Debit | Credit |
Share Capital | 4,00,000 | |
Cash in hand | 6,200 | |
Rent | 5,300 | |
Prepaid Expenses | 4,600 | |
Repairs & Maintenance | 8,600 | |
Advances from Customers | 50,000 | |
General Reserve | 3,00,000 | |
Raw Materials at Cost | 2,67,000 | |
Sundry Creditors | 3,40,000 | |
Plant and Machinery | 4,30,000 | |
Power | 8,800 | |
Travelling and Conveyance | 4,100 | |
Auditors’ Fees | 1,500 | |
Cash at Bank | 8,000 | |
Land | 30,000 | |
Provision for Taxation | 2,10,000 | |
Furniture | 12,200 | |
Staff advances | 5,300 | |
Sundry Debtors | 1,40,000 | |
Misc. Income | 54,600 | |
Finished Goods at cost | 3,10,000 | |
Income-tax Advances | 3,00,000 | |
Misc. Expenses | 61,400 | |
Raw Materials Consumption | 28,60,000 | |
Sales | 42,30,000 | |
Development Rebate Reserve | 1,00,000 | |
Building | 74,100 | |
Salaries, Wages &Bonus | 11,60,000 | |
Cash Credit from Bank | 12,500 | |
Total | 56,97,100 | 56,97,100 |
The following additional information is also available:
- The authorized capital of the company is 80,000 equity shares of Rs. 10 each of which 50% has been issued and has been recommended by the directors.
- A dividend of 15% on the paid-up capital has been recommended by the directors.
- The closing stock of finished goods at cost is Rs. 5,60,000.
- The development rebate reserve is no longer required.
- Depreciation on plant and machinery amounting to Rs. 43,000 on furniture amounting to Rs. 1,300 and on building amounting to Rs. 3,800 has been debited to miscellaneous expenses.
- Surplus in profit and loss account after proposed dividends, is to be transferred to general reserve.
- Income-tax assessment for a prior year has been completed, fixing the income tax liability at Rs. 1,55,000 (against which a provision of Rs. 80,000 and advances of income tax of Rs. 70,000 exists in the books).
You are required to prepare:
- Profit and loss account for the year ended 31st December, 2004; and
- Balance sheet in the prescribed form as on that date.
Question 4. The Standard Cost of Chemical mixture ‘PQ’ is as follows: (20)
40% of material P @ Rs.400 per kg. 60% of material Q @ Rs.600 per kg.
A standard loss of 10% is normally anticipated in production.
The following particulars are available for the month of March, 2004.
180 kgs of material P have been used @ Rs.680 per kg
220 kgs of material Q have been used @ Rs.360 per kg.
The actual of production of ‘PQ’ was 369 kgs.
Calculate the following variances:
- Material Price Variance
- Material Usage Variance
- Material Mix Variance
- Material Yield Variance
Question 5. a) Explain how the variance analysis relating to overheads differ from that relating to material and labour. (10+10)
Question 5. b) In what ways can we analyse sales variances. Explain in detail.
TUTOR MARKED ASSIGNMENT
Course Code : MCO-021
Course Title : Managerial Economics
Assignment Code : MCO-021/TMA/2023
Coverage : All Blocks
Maximum Marks : 100
Attempt all the questions.
Question 1. Compare and contrast microeconomics with macroeconomics. How is managerial economics related to different disciplines? Elaborate.
Question 2. (a) ‘Managerial Economics serves as a link between traditional economics and decision sciences for business decision-making.’ Elucidate.
Question 2. (b) Which problems of an economy constitute the subject matter of microeconomics.
Question 3. (a) What do you mean by opportunity cost? Also explain the concept of the invisible hand.
Question 3. (b) What is bundling? Give examples. Do you think this is anti-consumer?
Question 4. Suppose a small locality has a single grocery store selling multiple.
a. Is it a monopoly?
b. If yes, then give arguments in support of your answer.
Question 5. A TV company sells colour TV sets at Rs. 15,000 each. Its fixed costs are Rs. 30,000, and its average variable costs are Rs. 10,000 per unit. Find out BEP. Draw its breakeven graph, and then determine its breakeven rate of production.
Validity:
These assignments are valid for two admission cycles (July 2023 and January 2023). Validity is given below:
1. Those who are enrolled in January 2023, it is valid upto June 2023 Term End Examination and you must submit assignment to the Coordinator of your study centre latest by 15th March 2023
2. Those who are enrolled in July 2023, it is valid upto December 2023 Term End Examination and you must submit assignment to the Coordinator of your study centre latest by 15th September 2023
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