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INTERNAL ASSIGNMENT APPLICABLE FOR APRIL 2021 EXAMINATION
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Business Economics
1. What do you mean by demand Forecasting? Enumerate the limitations of demand forecasting (10 Marks)
2. Complete the hypothetical table below and explain in brief, the behaviour of each type of cost.
Quantity Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Costa Marginal Cost
0 100 0
1 100 25
2 100 40
3 100 50
4 100 60
5 100 80
6 100 110 (10 Marks)
3.a. Assume that a business firm supplied 450 units at price Rs 4500.The firm has decided to increase the price of the product to Rs 5500. Consequently, the supply of the product is increased to 600 Units. Calculate the elasticity of supply. (5 Marks)
3.b. From the given demand Schedule, calculate the price elasticity of demand.
Price of Air Tickets (Per Tickets ) Quantity Demanded (tickets per month) 1,00,000 5,000 1,20.000 3,500
(5 Marks)
Financial accounting & Analysis
1. Mr. Anmol started a retail outlet of food corner named Anmol Foods in his locality and doing well in his food business. His friend Atul ask him to record the transactions and assess his financial position. Mr. Anmol is not convinced on accounting of the information as he is not sure about the need of accounting when he is earning good money. You as Mr. Atul, help Mr. Anmol to get an understanding about the term accounting, uses of accounting information - so that he can record the financial information and assess his financial position.
Also, discuss any five accounting terms relevant to recording the financial information.
(10 Marks)
2. Hindustan Unilever Ltd.is an Indian consumer goods company listed on the stock exchange in India. As part of the listing agreement the Management Discussion and Analysis Report should form part of the Annual Report to the shareholders.
MD&A should include discussion on certain crucial matters within the limits set by the company s competitive position. Discuss about MD&A, list down, and briefly define those matters which MD&A should include. (10 Marks)
3. Following information is available in respect of A Ltd
Particulars
As on 31.3.2019
(Rupees. In Lacs)
As on 31.3.2020
(Rupees. In Lacs)
Investment in Financial Assets
-
100
Equity Share Capital
150
160
Long term Loans taken
100
200
Dividend paid
-
26
Dividend received
-
10
Interest received
-
15
a. Prepare the cash flow from financing activities from the above information and give reasons for each element whether these elements belongs to financing activities or not (5 Marks)
b. Calculate the relationship between the debt and equity for the year 2019 and 2020, and comment (5 Marks)
Management Theory and Practice
1. ABC Ltd. is facing a huge inventory cost and wastage of resources and would want to take the help of JIT and Lean Manufacturing to solve their issues. Can you guide them on the same? (10 Marks)
2. An entrepreneur wants to set up an organization dealing in manufacturing of toys and has hired you as a consultant. Can you please guide him about the functions of Management? (10 Marks)
3. XYZ Ltd. is facing a lot of internal conflicts of late. One of the main reasons attributed to the same is cultural differences
a. Can you explain the different types of conflicts that arise in organizations due to cultural differences? (5 Marks)
b. Can you also suggest some important techniques of Conflict resolution (5 Marks)