ISBM GRADUATE PROGRAMME IN MANAGEMENT STUDIES GMS ANSWER SHEETS

ISBM GRADUATE PROGRAMME IN MANAGEMENT STUDIES GMS ANSWER SHEETS WHATSAPP 91 9924764558 OR CALL IN 9447965521

Business Communication
Answer the following question.
Q1. What does good business behavior includes (10
marks)

ANSWER

Good business behaviour includes

Respect:

As an entrepreneur building a business, you need to respect yourself and surround yourself with people you can respect. Remember, strong respect doesn't mean you can fly on auto-pilot. While you can assume your people will do their job as well as they can, they do need coaching, training and direction, but respect and trust make it easier for you to avoid micro-managing them.

Do not hire or do business with people you don't respect, or who don't respect you. These are the types of people who ultimately don't respect their colleagues, customers, vendors, or themselves. When existing relationships weaken, take action. Do your best to rebuild mutual respect, but it can no longer be rebuilt, let the person go.

Honor:

Good people are a fundamental part of good ethics. They are also great ambassadors for doing things right. Give special attention to strong performers and people who exemplify the spirit of your organization. Most companies recognize top achievers and producers. Go beyond quotas and sales figures. Point out, and show your gratitude to the people who exhibit exemplary behavior, and who have made sacrifices on your behalf. These are people who have helped you be successful, and you need to acknowledge and honor their contributions publicly, as well as privately.

Integrity:

hen it comes to integrity, it is impossible to avoid sounding preachy or parental. Do not lie, steal, or cheat. Make your word your bond and always stand by your word. When you are wrong, own up to it and make good on the deal. Treat others as you'd want to be treated.

Do not hire or retain people who do not have integrity. Other employees, customers and vendors will not trust them. That lack of trust is like a virus; eventually they will not trust you either.

Make sure no one is selling the company's values short to make a quick buck. After all, making a bad deal to meet a quota or target is not only unethical, it's often unprofitable in the end.

FOR FULL ANSWER SHEETS WHATSAPP ME IN 9924764558 OR CALL ME IN 9447965521
Q2. Explain in Short the 3 written documents related to meeting (10
marks)
Q3. Write notes on Bargaining Strategies (10
marks)
Q4. Define negotiation & outline its process with Suitable (10
marks)
Q5. What is active listening? (10
marks)
Q6. Write notes on General Barriers (10
marks)
Q7. Explain the 10 Commandments of Communication (10
marks)
Q8. Differentiate between oral & Written Communication. (10
marks)

Business Ethics
Answer the following question.
Q1. What is code of conduct for citizens. (10
marks)

ANSWER

A code of conduct is a set of rules outlining the social norms and religious rules and responsibilities of, or proper practices for, an individual, party or organization. Related concepts include ethical, honor, moral codes and religious laws.

1. Patriotism: Our Motherland should be our first and highest consideration. Welfare of the nation is our own welfare. Therefore, let us willingly be ready to offer up even our own life for our country. Let us inculcate in our children and members of our family love for our country, the spirit of patriotism and service to our country and our fellow citizens.
2. Duty: Our first and foremost duty is to God and to Righteousness. Leading a righteous life is the best and most valuable service of our Nation.
3. Character: Character is the greatest wealth. A pure, incorruptible citizen is the greatest asset of our Nation. This is vital and indispensable. Therefore, good character is to be given top priority value; upon this depends our nation's welfare and its future stability.

Q2. Write a short note on environment. (10
marks)
Q3. Give benefits of consumer education. (10
marks)
Q4. Discuss philosophy and religion. (10
marks)
Q5. What is the relation of ethics in business? (10
marks)
Q6. Give need for consumer education. (10
marks)
Q7. Write a note on consumerism. (10
marks)
Q8. Give benefits of ISO 9000 quality systems. (10
marks)

Corporate Law
Answer the following question.
Q1. What are the liability of Members (10
marks)
Q2. What are the duties and rights of a pledgor? (10
marks)
Q3. What do you mean by consent and free consent . (10
marks)
Q4. What are the sources of Indian law . (10
marks)
Q5. What are brokerage contracts . (10
marks)
Q6. What are features of a company . (10
marks)
Q7. Discuss Foreign Investment in small scale sector . (10
marks)
Q8. differentiate between offer and invitation to offer. (10
marks)

Financial and Cost Accounting
Answer the following question.
Q1. Explain the role of Accountant in the present day Economy? (10
marks)
Q2. A good costing system is an involvable aid to management.” Discuss. (10
marks)
Q3. Discuss the limitations of financial accounting and explain the importance of cost accounting. (10
marks)
Q4. Cost accounting has become an essential tool of modern management”. comment. (10
marks)
Q5. Define costing. Discuss briefly the objectives and advantages of costing. (10
marks)
Q6. What one the limitations of financial accounting? How do you overcome item in cost accounting? (10
marks)
Q7. Cost accounting is a system of foresight like pre-natal care, but financial accounting is just a
postmortem examination”. Critically examine this statement
(10
marks)
Q8. Differentiate between Management Accounting and Financial Accounting (10
marks)

General Management
Answer the following question.
Q1. What are the components of MIS? (10
marks)
Q2. Define budgetary control system. What are the prerequisites for effective budgetary system? (10
marks)
Q3. Explain Herzberg’s model (10
marks)
Q4. Write a note on Job description (10
marks)
Q5. What is the significance of HRM? (10
marks)
Q6. What is human resource? What are the objectives of human resource? (10
marks)
Q7. What are procedures? What are the characteristics, advantages and disadvantages of procedure? (10
marks)
Q8. What are the approaches to planning? (10
marks)

Marketing Management
Answer the following question.
Q1. What is Inventory Management? (10
marks)
Q2. Explain PortFolio Analysis. (10
marks)
Q3. Explain Approaches to pricing. (10
marks)
Q4. A New brand of a ‘Tyre –that-Never –punctures’ is to be launched in India by a multinational company
with your advice about concept – testing and test - marketing Justify your contention.
(10
marks)
Q5.
How will you alter the marketing mix –intensity & composition ,as a product is entering the maturity
stage in the life-cycle? How again the marketing mix will have to be modified ,when the same product
,later on, starts showing sales – decline?
(10
marks)
Q6. Bring out the utility & quality- aspects of packaging. Quote examples as appropriate (10
marks)
Q7. What are the functions of Marketing Mix .Discuss three Brands that failed due to poor integration of the
marketing mix elements.
(10
marks)
Q8.
MK Industries Ltd. Intends to launch a two seater tiny motor car in Indian market. As a marketing
manager which steps would You like to take to lunch this novel product? Make necessary assumptions
and justify your answer.
(10
marks)

Total Safety Management
Answer the following question.
Q1. What is First Aid explain the legal requirement of first aid box under Factory Act, 1948. (10
marks)
Q2. Explain in brief the sources of Stress at Work. (10
marks)
Q3. Write short notes : Electrical Safety (10
marks)
Q4. Define Ergonomics and Discuss its features and significance at work place. (10
marks)
Q5. Write short notes : Safety in Offices (10
marks)
Q6. Explain in brief The Working Environment and explain its constituents. (10
marks)
Q7. Write short notes : Human Factors at work (10
marks)
Q8. Discuss the various aspects of SAFETY TECHNOLOGY. Explain the significance of Structural Safety (10
marks)

TRANSPORT MANAGEMENT
Answer the following question.
Q1. Write short note on Rail and Road Transportation (10
marks)
Q2. Write short note on Logistics (10
marks)
Q3. Write short note on Container Repairs (10
marks)
Q4. Write short note on Special Economic Zones (10
marks)
Q5. Explain the following India’s foreign Trade, (10
marks)
Q6. What is Electronic Data Interchange (EDI)? Discuss the Electronic Data Interchange (EDI)’s Progress
in India.
(10
marks)
Q7. Critically evaluate Legal Regime in India for Break-Bulk and Containerized Cargoes. (10
marks)
Q8. What is Hub Ports and discuss the scope of Container Feeder Services in India. (10
marks)
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