1
10 Marksmedium
A newly constructed house can collapse due to fault in its design. It can also collapse even if it does not have a design fault. The probability that the design of the newly constructed house is faulty is 0.1. The probability that this house collapses if the design is faulty is 0.95, whereas, the probability that the house collapses without any fault in design is 0.45.
It is seen that the house has collapsed. What is the probability that it is due to fault in design?
StatisticsEngineeringProbability
2
10 Marksmedium
Define 'knowledge-based expert system'. Briefly discuss its major applications in business.
Information TechnologyBusinessManagement
3
10 Marksmedium
“The difference between management of manufacturing (goods) and service operations is reducing.” Discuss this statement in the light of the fundamental differences existing between goods and service operations.
Operations ManagementBusinessEconomics
4
10 Marksmedium
Eleven police personnel were given a test in shooting. Further they were given a month's training and at the end of it a second test of equal difficulty was conducted. The table below gives the marks awarded in both the tests. Do these marks give evidence that the training has benefitted the police personnel?
StatisticsPublic AdministrationLaw Enforcement
5
10 Marksmedium
Outline the objectives of 'Material Requirements Planning (MRP)' and explain how an MRP system can achieve these objectives.
Operations ManagementSupply ChainManufacturing
6
15 Marksmedium
The area sales manager of a company has compiled the following data for the eight territories under his/her supervision. All the territories have similar size and consumer characteristics. The sales manager believes that the number of selling agents assigned to a territory has an impact on its sales revenue :
(i) Find the Pearson's correlation coefficient between the two variables mentioned above. Is the sales manager correct in his/her belief?
(ii) Develop a linear regression model and using it predict the sales in a territory if 16 selling agents are assigned to it.
StatisticsMarketingBusiness
7
15 Marksmedium
A city administration conducted a study of the waiting time in the emergency wings of three hospitals. These hospitals are located in three zones of the city far away from each other. The administration is interested in reducing the waiting time at the emergency wings. To study this, a random sample of 10 emergency wing cases at each hospital was selected on a particular day and the waiting time was measured. The results are recorded in the following table. At 0.05 level of significance, is there evidence of a difference in the average waiting times in the three hospitals?
StatisticsHealthcarePublic Administration
8
10 Markshard
How many acres of land should be devoted to each crop to maximise its profit for the season? Is there any land that remains unfarmed?
Operations ResearchAgricultureEconomics
9
6 Marksmedium
What is the minimum profit per acre of onions that would make it economically feasible for Agrofarms Ltd. to grow onions?
EconomicsAgricultureFinance
10
4 Markshard
If the profit per acre of onions were ₹2,500, how many acres of land should Agrofarms Ltd. plant of each crop to maximise the profit for the season?
Operations ResearchAgricultureEconomics
11
15 Marksmedium
(i) List the strategic objectives of aggregate planning.
(ii) Describe the chase and level strategies for aggregate planning. Which one of these should be preferred?
(iii) How does aggregate planning in service differ from aggregate planning in manufacturing?
Operations ManagementBusinessSupply Chain
12
4 Markseasy
What is 'time and motion study'?
Operations ManagementIndustrial EngineeringManagement
13
5 Markseasy
Define the terms 'work study' and 'method study'.
Operations ManagementIndustrial EngineeringManagement
14
6 Marksmedium
Describe the steps involved in work study and method study.
Operations ManagementIndustrial EngineeringManagement
15
4 Markseasy
Mention the characteristics of control charts.
StatisticsQuality ControlOperations Management
16
4 Markseasy
What is P-chart?
StatisticsQuality ControlOperations Management
17
10 Marksmedium
Is State participation in business essential? Discuss the objectives of liberalization, privatization and globalization.
EconomicsPublic AdministrationBusiness
18
10 Marksmedium
Take the case of Hindustan Unilever Limited (HUL). Assume that HUL emphasizes on sustainability in its products and operations at global level. Are you in agreement that the company is successful because it could effectively embed sustainability into its products and operations? Give your arguments for or against the issue.
BusinessSustainabilityCorporate Social Responsibility
19
10 Marksmedium
Critically examine the various initiatives taken by the Government of India in respect of export-import policy. Give examples from India's trade with the Asian countries.
EconomicsInternational TradeIndia
20
10 Marksmedium
Do you think free entry and exit of Multinational Corporations (MNCs) is healthy for the growth of Indian economy? Discuss the business strategies of MNCs in this context.
EconomicsBusinessGlobalization
21
15 Markshard
Using a small case study, discuss the contents of a good and workable strategic plan for management and operational control of public sector enterprises in India.
Public AdministrationBusinessManagement
22
15 Marksmedium
Critically examine government's policy with regard to Small-Scale Industries (SSIs). Highlight the role of Industrial Development Bank of India (IDBI) and National Bank for Agriculture and Rural Development (NABARD) for promotion of growth of SSIs and for overcoming their financial, managerial and operational sickness.
EconomicsBusinessIndia
23
7 Marksmedium
Outline how the culture of a country might influence the cost of doing business in that country. Illustrate with examples.
BusinessGlobalizationCulture
24
8 Markseasy
What is ethnocentrism? How does it influence the management of multinational companies?
BusinessGlobalizationManagement
25
7 Marksmedium
If you were a manager in a company that operates in many countries, what criteria would you use to determine whether a technological innovation should be developed as a product for global consumers or local consumers?
BusinessTechnologyGlobalization
26
7 Marksmedium
COVID-19 pandemic has impacted global logistics and supply chains. Explain how an efficient logistic function can help an international business compete more effectively in the post-pandemic global marketplace.
BusinessSupply ChainGlobalization
27
6 Marksmedium
What are the various options a firm has to minimize its global tax liability?
FinanceBusinessInternational Economics