UPSC Mains MANAGEMENT-PAPER-II 2018

10 Questions • 155 Marks • With Detailed Model Answers

1
15 Markseasy
What is the difference between cluster sampling and stratified sampling? Explain with the help of examples.
StatisticsResearch MethodologyEconomics
2
15 Marksmedium
A manufacturer of machine tools claims that the mean amount of time required to assemble their top-of-the-line electric saw is 80 minutes with a standard deviation of 40 minutes. Data was collected from a random sample of 64 past purchases of this electric saw. What is the probability that the sample mean will be greater than 88 minutes?
StatisticsOperations ManagementEconomics
3
15 Marksmedium
What is the difference between data and information? Introduce the key concept of Enterprise Resource Planning (ERP) and how ERP can help in managing organisational resources and operational planning. If you have to implement ERP in your organisation, what will be the key considerations for deciding on the system?
Information TechnologyManagementOperations
4
15 Marksmedium
Discuss key considerations of identifying a joint venture partner. Why do we go for JVs in business? What are the various types of JVs that can be formed and what would be their management challenges?
Business StrategyInternational BusinessManagement
5
20 Marksmedium
Global firms face three possible types of foreign currency exposure namely, Transaction, Translation (Accounting) and Economic. What are the different strategies organisations can adopt to deal with these exposure risks?
International FinanceRisk ManagementEconomics
6
15 Markshard
We have many industries and services managed and controlled by the Government and run as Public Sector Undertakings. Discuss the advantages and disadvantages of the government managing these corporations, taking examples under each category. Also give your recommendation, giving reasons why.
EconomicsPublic AdministrationGovernance
7
15 Marksmedium
What are generic strategies? Why can generic strategies not deliver above average performance? Discuss briefly, business strategy development process.
Business StrategyManagementEconomics
8
15 Marksmedium
What is the current definition of MSME sector? Discuss the contribution of SME sector in our economy. Mention five broad policy initiatives that can help growth of SME sector in India.
EconomicsIndian EconomyEntrepreneurship
9
10 Markshard
Discuss the various perceived risks for a company from a developed economy planning to invest in a new project in a developing and underdeveloped country. How do you propose to mitigate these perceived risks?
International BusinessRisk ManagementEconomics
10
20 Marksmedium
Why are Free Trade Agreements signed? What are their advantages and disadvantages? Discuss the stages of evolution of a domestic corporation to finally emerge as a global conglomerate.
International TradeEconomicsGlobalization