Friday, June 18, 2010

cs101 assignment 4 solution



solution:

 

The following can help explain the concept of algorithms in relation to programming.

Problem: Calculate the average of three given numbers.
Let the given numbers be a, b, c
Step 1: Set aside memory for all values (a, b, c,)
Step 2: Assign the values to a memory location (the given numbers)
Step 3: Calculate the average of the values using the formula (a+b+c)/3
Step 4: Display the answer in the proper format, in this case the average.
The problem statement is programmatically solved with the use of four steps in the algorithm.

Problem:Find the gain or loss of an item, as the case may be, and compute the gain or loss percentage, given the cost price and the selling price.

Gain = S.P. (sell price) - C.P (cost price).
Gain % = (Gain * 100)/C.P.
Loss = C.P. - S.P.
Loss % = (Loss * 100)/C.P.
(Percentage gain or loss is calculated on the C.P.)

Algorithm:
Step 1: Obtain the values of S.P. and C.P. Set aside memory for S.P. and C.P., gain percent and loss percent.
Step 2: Assign values to memory location.
Step 3: Perform mathematical computations.
Step 4: Display results in the proper format.

If C.P. = S.P, then
Declare "There is neither gain nor loss in the transaction"
Stop
If S.P. > C.P., then
Calculate Gain = S.P - C.P
Calculate Gain % = (Gain * 100)/C.P
Write "Answer: Gain is $" followed by value of Gain
Write "Answer: Gain % is" followed by value of Gain %
Stop
Else
Calculate Loss = C.P. - S.P
Calculate Loss % = (Loss * 100)/C.P.
Write "Answer: Loss is $" followed by value of Loss
Write "Answer: Loss % is" followed by values of Loss %
Stop


The algorithm is executed in order, starting with Step 1:
In step 1, we set aside memory locations for S.P. and C.P
In step 2, we assign the numerical values of S.P. and C.P. to the memory locations.
In step 3, the answer to the phrase If C.P. - S.P. could be yes or no. If the answer is yes, then only the instructions following the word "then" are executed.
In step 3, if the answer to the phrase S.P. > C.P. is yes, then steps to a to e before else are executed. If the answer to S.P. > C.P. is no, implying that C.P. >= S.P., steps a to e after else are executed.
Step 4 is the last in the process. The result of the computations is displayed and the algorithm is terminated after its execution.

Words such as "IF", "THEN", and "ELSE are used to emphasize their distinctive nature in executing the algorithm.
Flowcharts

When thinking of a Flowchart think of a visual representation of how a process works, depicting the sequence of steps at a minimum. A flowchart offers many advantages including the following.
Helps locate the key elements of a process. It draws clears lines between the end of one process and the start of another.
Brings clarity and improvement to a process.
Helps identify appropriate areas for improvement in a program.

The following shows a format of a sample flowchart that identifies the starting and ending points of a sequential process with decision points.

 

 

Flowcharts depict different types of actions and steps in a process through special shapes. The sequence of steps and the relationships between these steps is shown using arrows. The following is a list of the different shapes in a flow chart and what they represent.

The following shows the flowchart of gain and loss for a business.

 Pseudocode

Pseudocode, aka false code, is an informal language for relating problem solving steps. The steps used in pseudocode are simple and can be implemented with ease into any programming language. Pseudocode uses a combination of English words, mathematical notations, and a set of capitalized keywords such as BEING, END, READ, PRINT, FREAD, FPRINT, IF, ELSE, ELSEIF, ENDIF, WHILE, DO and ENDWHILE.

Pseudocode consists of:
Fundamental control structures such as Sequence, Selection and Repetition.
Three other types of statements, which include Input, Output and Assignment.
Subroutines or small programs that can be added to modularize pseudocode. The subroutines are also written using the pseudocode notation.

Here is an example of pseudocode.

Begin procedure
Input Widget Price
Taxes = 0.06 x Widget Price
Amount Due = Widget Price + Taxes
Output Taxes and Amount Due
End procedure

.....................

CS 101 Introduction to Computing

Assignment # 04

 

Deadline

Your assignment must be uploaded / submitted before or on 23-06-2010.

Upload Instructions

Please view the assignment submission process document provided to you by the Virtual University to upload the assignment.

Rules for Marking

Please note that your assignment will not be graded if:
·         It is submitted after due date
·         The file you uploaded does not open
·         The file you uploaded is copied from some one else
·         It is in some format other than .doc

Objective

The assignment has been designed to enable you:
  • To learn how to write algorithm for Problems.

  • To get knowledge of flowcharting.

  • To enhance the thinking and vision of student for specific problem domains.


Write an algorithm in pseudo code form for the following problem and also draw a Flow chart for the same problem statement (5+5)

There is a multinational company. In the company, there are deductions from the salary of the employee according to following rules:
i)  If salary is less than 10,000 then no tax deduction and 4% of salary will be deducted as Well-fare fund every month.
ii) If salary is more than 10,000 and less than 20,000 then 3% of salary as tax deduction and 6% of remaining salary as employee well-fare fund will be deducted every month.

iii) If salary is equal to or more than 20,000 then  5 % of the salary as tax deduction and 8% of remaining salary as employee well-fare fund  will be deducted every month .

Take salary input from user and after appropriate deduction show the net payable amount for month.
Using Loop structure calculate the total salary; paid tax and well fare fund of that particular employee for two years and display these values at end.

mgt411 Online Quiz (18-21 June 2010

Question # 1 of 15 ( Start time: 03:58:32 AM ) Total Marks: 1
The return on holding a bond till its maturity is called:
Select correct option:

Coupon rate
Yield to maturity
Current yield
Internal rate of return

Question # 2 of 15 ( Start time: 03:58:53 AM ) Total Marks: 1
What is the true relationship that exists between default risk and yield?
Select correct option:

Higher the default risk, higher the yield
Lower the default risk, higher the yield
Higher the default risk yield will remain constant
Lower the default risk yield will remain constant

Question # 3 of 15 ( Start time: 03:59:11 AM ) Total Marks: 1
The theory of efficient market states that prices of financial instruments reflect:
Select correct option:

All available information
Some of the information
No information
Imperfect information


Question # 4 of 15 ( Start time: 03:59:37 AM ) Total Marks: 1
Which one of the following is the procedure of finding out the Present Value (PV)?
Select correct option:

Discounting
Compounding
Time value of money
Bond pricing


Question # 5 of 15 ( Start time: 04:00:55 AM ) Total Marks: 1
Diversification is the principle of:
Select correct option:

Holding more than one risk at a time
Reducing the risks we carry to just two
Creating risk to increase returns
Eliminating investments from our portfolio that have idiosyncratic risk

Question # 6 of 15 ( Start time: 04:01:16 AM ) Total Marks: 1
The price of a coupon bond can best be described as:
Select correct option:

The present value of the face value
The future value of the coupon payments and the face value
The present value of the coupon payments
Both The present value of the face value and of the coupon payments


Question # 7 of 15 ( Start time: 04:01:36 AM ) Total Marks: 1
An index number is a valuable tool because:
Select correct option:

The number by itself provides all of the useful information needed
The index provides a meaningful measurement scale to calculate percentage changes
The index is more stable than the data it reflects
It does not require any calculations to compute percentage changes


Question # 8 of 15 ( Start time: 04:02:02 AM ) Total Marks: 1
A risk-averse investor will:
Select correct option:

Always prefer an investment with a lower expected return
Always prefer an investment with a certain return to one with the same expected return but any amount of uncertainty
Always require a certain return
Always focus exclusively on the expected return

Question # 9 of 15 ( Start time: 04:02:21 AM ) Total Marks: 1
Which of the following is NOT included in the definition of M1?
Select correct option:

Traveler’s checks
Demand deposits
Currency
Gold coins issued by treasury

Question # 10 of 15 ( Start time: 04:02:33 AM ) Total Marks: 1
Which of the following statement is true about the relation ship between bond ,coupon payment and interest?
Select correct option:

Coupon payments fall, the interest rate falls, and Bond price will rise
Coupon payments rises, the interest rate falls, and Bond price will rise
Coupon payments fall, the interest rate falls, and Bond price will fall
Coupon payments rise, the interest rate falls, and Bond price will fall

Question # 11 of 15 ( Start time: 04:03:32 AM ) Total Marks: 1
There is no guarantee that a bond issuer will make the promised payments is known as which one of the following?
Select correct option:

Default risk
Inflation risk
Interest rate risk
Systematic risk


Question # 12 of 15 ( Start time: 04:03:52 AM ) Total Marks: 1
Banks can also borrow by using a repurchase agreement or repo, which is a short-term _____________.
Select correct option:

Discount loan
Collateralized loan
Personal loan
Corporate loan

Question # 14 of 15 ( Start time: 04:05:05 AM ) Total Marks: 1
Which of the following would be included in a definition of risk?
Select correct option:

Risk is a not measure of uncertainty
Risk is unavoidable
Risk doesn't have a time horizon
Risk seldom involves some future payoff

Question # 15 of 15 ( Start time: 04:06:29 AM ) Total Marks: 1
When the auto manufacturing industry does poorly due to a recession this is an example of:
Select correct option:

Idiosyncratic risk
Systematic risk
Risk premium
Unique risk

Another Quiz:-

Question # 1 of 15 ( Start time: 04:22:12 AM ) Total Marks: 1
The bond rating of a security refers to which of the followings?
Select correct option:

The size of the coupon payment relative to the face value
The return a holder is likely to receive
The likelihood the lender/borrower will be repaid by the borrower/issuer
The years until the bond matures

Question # 2 of 15 ( Start time: 04:22:32 AM ) Total Marks: 1
Which of the following are used to monitor and stabilize the economy?
Select correct option:

Stock exchanges
Commercial Banks
Central Banks
Financial institutions

Question # 3 of 15 ( Start time: 04:22:51 AM ) Total Marks: 1
The relationship between the price and the interest rate for a zero coupon bond is best described as:
Select correct option:

Volatile
Stable
Non-existent
Inverse

Question # 4 of 15 ( Start time: 04:23:14 AM ) Total Marks: 1
Which of the following NOT true for financial institutions?
Select correct option:

It reduces the transaction cost
It reduce the information cost
It reduces the asymmetric information
It doesn’t make long term loans

Question # 5 of 15 ( Start time: 04:24:40 AM ) Total Marks: 1
Most of the people among us are ___________.
Select correct option:

Risk lovers
Risk enhancers
Risk averse
Risk tolerating

Question # 6 of 15 ( Start time: 04:25:45 AM ) Total Marks: 1
The price of a coupon bond can best be described as:
Select correct option:

The present value of the face value
The future value of the coupon payments and the face value
The present value of the coupon payments
Both The present value of the face value and of the coupon payments

Question # 7 of 15 ( Start time: 04:26:10 AM ) Total Marks: 1
A risk-averse investor will:
Select correct option:

Always prefer an investment with a lower expected return
Always prefer an investment with a certain return to one with the same expected return but any amount of uncertainty
Always require a certain return
Always focus exclusively on the expected return

Question # 8 of 15 ( Start time: 04:26:18 AM ) Total Marks: 1
What is true relationship between return and risk?
Select correct option:

Lower the risk greater the return
Greater the risk greater the return
Greater the risk the return will remain constant
No relationship between them

Question # 9 of 15 ( Start time: 04:26:42 AM ) Total Marks: 1
Financial development measured by
Select correct option:

M1/GDP
M2/GDP
M3/DGP
All of above

Question # 10 of 15 ( Start time: 04:28:09 AM ) Total Marks: 1
A loan that is used to purchase the real estate is known as:
Select correct option:

Real estate loan
Home mortgages
Fixed payment loan
Home loan


Question # 11 of 15 ( Start time: 04:28:27 AM ) Total Marks: 1
Which of the following is NOT a depository financial institution?
Select correct option:

Credit Union
Savings and Loan
Commercial bank
Life Insurance Company

Question # 12 of 15 ( Start time: 04:28:44 AM ) Total Marks: 1
If the tax rate is higher than gap between yield on taxable and tax exempt bond?
Select correct option:

Shorter
Wider
No gap
Any thing can be possible

Question # 13 of 15 ( Start time: 04:29:01 AM ) Total Marks: 1
----- example of channel fund from saver to borrower.
Select correct option:

Bank
Mutual fund
Finance companies
All of above

Question # 14 of 15 ( Start time: 04:30:10 AM ) Total Marks: 1
You receive a check for $100 two years from today. The discounted present value of this $100 is:
Select correct option:

$100/(1+i)
$100*(1+i)2
$100*(1+i)
$100/(1+i)2

Question # 15 of 15 ( Start time: 04:30:31 AM ) Total Marks: 1
Which one of the following is NOT true for the expectation hypothesis?
Select correct option:

Risk free interest rate can be computed
There is uncertainty in the future
Identifying yield of bond today that will be available next year
It focuses on risk free interest rate and the risk premium

Another Quiz:-

Question # 1 of 15 ( Start time: 04:39:43 AM ) Total Marks: 1
A





The risk premium of a bond will:
Select correct option:

Higher for investment-grade bonds than for high-yield bonds
Positive but small if the risk of default is zero
Decrease when the default risk rises
Increase when the risk of default rises

Question # 2 of 15 ( Start time: 04:40:01 AM ) Total Marks: 1
Banks can also borrow by using a repurchase agreement or repo, which is a short-term _____________.
Select correct option:

Discount loan
Collateralized loan
Personal loan
Corporate loan

Question # 3 of 15 ( Start time: 04:40:21 AM ) Total Marks: 1
There is no guarantee that a bond issuer will make the promised payments is known as which one of the following?
Select correct option:

Default risk
Inflation risk
Interest rate risk
Systematic risk

Question # 4 of 15 ( Start time: 04:40:39 AM ) Total Marks: 1
Mr A need 1000000 to buy a car for his personal use he contact with bank that give his loan this would be called
Select correct option:

Direct finance
Indirect finance
Facilitate payment
All of above

Question # 5 of 15 ( Start time: 04:41:01 AM ) Total Marks: 1
A graph of the term structure with YTM on Y-axis and time to maturity on X-axis is called:
Select correct option:

Demand curve
Supply curve
Yield curve
Leffer curve

Question # 6 of 15 ( Start time: 04:41:20 AM ) Total Marks: 1
Expectation hypothesis focuses on which one of the following?
Select correct option:

Risk premium
Risk free interest rate
Yield to maturity
None of the given options

Question # 7 of 15 ( Start time: 04:41:39 AM ) Total Marks: 1
What is true about the relationship between standard deviation and risk?
Select correct option:

Greater the standard deviation greater will be the risk
Greater the standard deviation lower will be the risk
Greater the standard deviation risk remains the same
No relation between them

Question # 8 of 15 ( Start time: 04:41:58 AM ) Total Marks: 1
Diversification is the principle of:
Select correct option:

Holding more than one risk at a time
Reducing the risks we carry to just two
Creating risk to increase returns
Eliminating investments from our portfolio that have idiosyncratic risk

Question # 9 of 15 ( Start time: 04:42:16 AM ) Total Marks: 1
The Financial Systems makes it easier to trade because it:
Select correct option:

Facilitate Payments
Channels Funds from Savers to Borrowers
Enables Risk Sharing
All of the given options

Question # 10 of 15 ( Start time: 04:42:31 AM ) Total Marks: 1
Which of the following statement is true about the relation ship between bond ,coupon payment and interest?
Select correct option:

Coupon payments fall, the interest rate falls, and Bond price will rise
Coupon payments rises, the interest rate falls, and Bond price will rise
Coupon payments fall, the interest rate falls, and Bond price will fall
Coupon payments rise, the interest rate falls, and Bond price will fall

Question # 11 of 15 ( Start time: 04:42:48 AM ) Total Marks: 1
If information in a financial market is asymmetric, this means:
Select correct option:

Borrowers and lenders have perfect information
Borrowers would have more information than lenders
Borrowers and lenders have the same information
Lenders lack any information

Question # 12 of 15 ( Start time: 04:43:22 AM ) Total Marks: 1
Which of the following is NOT an example of financial institutions?
Select correct option:

Banks
Securities firms
Stock exchanges
Insurance companies

Question # 13 of 15 ( Start time: 04:44:29 AM ) Total Marks: 1
Time affects the value of which of the following?
Select correct option:

Financial Instruments
Financial Markets
Financial Institutions
Central Banks

Question # 14 of 15 ( Start time: 04:44:47 AM ) Total Marks: 1
When stock prices reflect fundamental values:
Select correct option:

All investors will experience capital gains
All companies will have an easier task of obtaining financing for investment projects
The allocation of resources will be more efficient
The overall level of the stock market should move higher continuously

Question # 15 of 15 ( Start time: 04:45:13 AM ) Total Marks: 1
A bank can usually offer a saver a higher return for the same risk because:
Select correct option:

The bank can usually purchase assets at a higher cost than any one saver
The bank can pool the resources of larger savers and purchase lower denominated assets
Economies of scale can be applied by the bank in its purchase of assets
None of the given options
Another Quiz:-

Question # 1 of 15 ( Start time: 04:51:28 AM ) Total Marks: 1
The risk premium for an investment:
Select correct option:

Increases with risk
Is a fixed amount added to the risk free return
Is negative for U.S. Treasury Securities
Is negative for risk averse investors


Question # 2 of 15 ( Start time: 04:51:46 AM ) Total Marks: 1
If information in a financial market is asymmetric, this means:
Select correct option:

Borrowers and lenders have perfect information
Borrowers would have more information than lenders
Borrowers and lenders have the same information
Lenders lack any information

Question # 3 of 15 ( Start time: 04:51:54 AM ) Total Marks: 1
A typical bank will offer ________ type/s of checking accounts.
Select correct option:

Only one type
Two types
Four types
Six or more types

Question # 4 of 15 ( Start time: 04:52:35 AM ) Total Marks: 1
If the annual interest rate is 6%, the price of a 1-year Treasury bill with $100 face value would be:
Select correct option:

$94.00
$94.33
$95.25
$96.10

Question # 5 of 15 ( Start time: 04:52:50 AM ) Total Marks: 1
Government bonds called …….. Where as corporate bonds are called ……
Select correct option:

Zero coupon bond, coupon bond
Risky bond. Risk free bond
T bill, corporate bond
Console bond, junk bonds

Question # 6 of 15 ( Start time: 04:53:15 AM ) Total Marks: 1
Which of the following is NOT a depository financial institution?
Select correct option:

Credit Union
Savings and Loan
Commercial bank
Life Insurance Company

Question # 7 of 15 ( Start time: 04:53:31 AM ) Total Marks: 1
Bonds without maturity dates are which of the followings?
Select correct option:

Zero coupon bonds
Coupon securities
Consols
Preferred Bonds

Question # 8 of 15 ( Start time: 04:53:48 AM ) Total Marks: 1
Which of the following best expresses the proceeds a lender receives from a simple loan?
Select correct option:

PV(1 + i)
FV/i
PV + i
PV/i

Question # 9 of 15 ( Start time: 04:54:03 AM ) Total Marks: 1
Debt instruments is categorized on the basis of which one of the following?
Select correct option:

Loan maturity period
Interest rates
Mode of payment of interest
Amount of the debt taken

Question # 10 of 15 ( Start time: 04:54:20 AM ) Total Marks: 1
In the long run, the yield curve tends to be which of the following?
Select correct option:

Upward sloping
Downward sloping
Nearly vertical
Nearly horizontal

Question # 11 of 15 ( Start time: 04:54:35 AM ) Total Marks: 1
Financial instruments are evolved just as ____________.
Select correct option:

Currency
Stock
Bond
Commodity

Question # 12 of 15 ( Start time: 04:54:51 AM ) Total Marks: 1
If YTM is less than the coupon rate the price of the bond is __________.
Select correct option:

Greater than its face value
Lower than its face value
Equals to its face value
All of the given options

Question # 13 of 15 ( Start time: 04:55:54 AM ) Total Marks: 1
_____________ are organized to eliminate the need of costly information gathering.
Select correct option:

Central bank
Commercial banks
Stock exchanges
Insurance companies

Question # 14 of 15 ( Start time: 04:56:21 AM ) Total Marks: 1
Which of the following best describes the relationship between Bond prices and yields?
Select correct option:

Move together inversely
Bond yields do not change since the coupon is fixed
Move together directly
Are independent of each other

Question # 15 of 15 ( Start time: 04:56:37 AM ) Total Marks: 1
At which money aggregate definitions relation is stronger with inflation and growth
Select correct option:

M1
M2
M3
None of above
 
Another Quiz:-

Question # 1 of 15 ( Start time: 04:59:31 AM ) Total Marks: 1
The interest rate that is involved in _____________ calculation is referred to as discount rate
Select correct option:

Present value
Future value
Intrinsic value
Discount value

Question # 2 of 15 ( Start time: 04:59:47 AM ) Total Marks: 1
Previously financial markets are located in which of the following?
Select correct option:

Coffee houses or Taverns
Stock exchanges
Bazaar
Coffee houses and Stock exchanges

Question # 3 of 15 ( Start time: 05:00:04 AM ) Total Marks: 1
----- example of channel fund from saver to borrower.
Select correct option:

Bank
Mutual fund
Finance companies
All of above

Question # 4 of 15 ( Start time: 05:00:15 AM ) Total Marks: 1
What characteristic of money is not included in securities characteristics
Select correct option:

Mean of payment
Unit of account
Store of value
Transfer of risk

Question # 5 of 15 ( Start time: 05:00:38 AM ) Total Marks: 1
The fact that common stockholders are residual claimants means:
Select correct option:

The stockholders receive their dividends before any other residuals are paid
The stockholders receive the remains after everyone else is paid
The stockholders are paid any past due dividends before other claims are paid
The common stockholders are responsible for all corporate debts

Question # 6 of 15 ( Start time: 05:01:51 AM ) Total Marks: 1
If YTM equals the coupon rate the price of the bond is __________.
Select correct option:

Greater than its face value
Lower than its face value
Equals to its face value
Insufficient information

Question # 7 of 15 ( Start time: 05:02:07 AM ) Total Marks: 1
Stock market bubbles can lead to:
Select correct option:

An inefficient allocation of resources
Stock market crashes
Patterns of volatile returns from the stock market
All of the given options

Question # 8 of 15 ( Start time: 05:03:19 AM ) Total Marks: 1
Core principles of Money and Banking include each of the following except?
Select correct option:

People act rationally
Time has value
Information is the basis for decisions
Risk requires compensation

Question # 9 of 15 ( Start time: 05:03:34 AM ) Total Marks: 1
Yield curves show which of the followings?
Select correct option:

The relationship between bond interest rates (yields) and bond prices
The relationship between liquidity and bond interest rates (yields)
The relationship between risk and bond interest rates (yields)
The relationship between time to maturity and bond interest rates (yields)

Question # 10 of 15 ( Start time: 05:03:56 AM ) Total Marks: 1
If bond’s rating is lower, what will be its price?
Select correct option:

Higher
Lower
Equal to
No change

Question # 11 of 15 ( Start time: 05:04:57 AM ) Total Marks: 1
The default premium:
Select correct option:

Is positive for a U.S. Treasury bond
Must always be less than 0 (zero)
Is also known as the risk spread
Is assigned by a bond rating agency

Question # 12 of 15 ( Start time: 05:05:14 AM ) Total Marks: 1
Which one of the following is the procedure of finding out the Present Value (PV)?
Select correct option:

Discounting
Compounding
Time value of money
Bond pricing

Question # 13 of 15 ( Start time: 05:05:37 AM ) Total Marks: 1
___________ include savings and time deposits and account for nearly two-thirds of all commercial bank liabilities.
Select correct option:

Non transactions Deposits
Borrowings
Checkable Deposits
Discount loans

Question # 14 of 15 ( Start time: 05:06:35 AM ) Total Marks: 1
The____________ are an assessment of the creditworthiness of the corporate issuer.
Select correct option:

Bond yield
Bond ratings
Bond risk
Bond price

Question # 15 of 15 ( Start time: 05:06:56 AM ) Total Marks: 1
When the auto manufacturing industry does poorly due to a recession this is an example of:
Select correct option:

Idiosyncratic risk
Systematic risk
Risk premium
Unique risk

Thursday, June 17, 2010

Mgt503 Assignment No. 2 solution

QUESTION NO 1 WHAT DO U you think goals might play in a company’s planning for any possible pandemic outbreak?list down some goals that you think might will be important . 

Answer. Goals are desires outcomes for individuals, groups, or entire organization. They are also called ‘objectives’. The goals play very important role in a company’s planning They guide all management decision and from the criterion against which actual work being done is measured. They are also called the FOUNDATION of planning. Goal setting and planning is often called the primary management function because it established the basis for all other things that managers do. Without goal setting and planning, managers would not know what to organize and lead, and control. in other words goals provide the direction for all management decision and actions and from the criteria against actual accomplishment are measured. Some goals that is important: Most company‘s goals can be classified as either strategic or financial .every organization has its own goals, in this case …. 

Respect the environment 
Promote community welfare 
Continue implementing quality system 
Identify potential unexpected events 
Have a appropriate response (plan)in place if these unexpected events occur 

Question no 2 : 
what types of plan companies need for this situatuation (for instance short term ,long term or both )explain why you think these plans are important in this situation . 

Answer. The most popular ways to describe organizational plans are by their BREDTH, TIME FRAME, SPECIFICITY, and FREQUENCY OF USE. Strategic plans are long term, directional,and single use. operational plans are shorter term ,specific ,and standing . In this case government and health officials need to time frame (long term and short term planning). Why these plans are are important? Planning provides direction to government and health official ,that what they must contribute to reach goals ,they can coordinate their activities, cooperate with each other and do what it takes to accomplish those goals. Without planning, departments and individuals might work at cross-purpose, preventing the organization from moving efficiently towards its goals. Planning also reduce uncertainty by forcing managers to look ahead. Planning minimize waste and redundancy. Planning established the goals used in controlling. Planning will increase the performance of health officials in this case to limit the spread of decease. 

Question no 3. 
Being a manager what planning tools would you recommended to deal with this type of situation effectively? 

Answer: There are different types of tools that used in planning like environment analysis, environment scanning, competitor intelligence, forecasting and benchmarking. In this situation I think benchmarking is the best tool to deal with this type of situation effectively. The basic idea behind benchmarking is that we can improve performance by analyzing and coping the methods of leaders in various fields. As in this situation Asian and particularly south Asian countries had planned. According to survey 80 corporate nearly every company had someone in charge of such catastrophic situation and most of them had clearly mapped out plans that could be implemented immediately in such a crisis situation. So we can improve performance by analyzing and copying the methods of that company. 

Assignment No. 2 Mgt 503

Semester “Spring 2010”
“Principles of Management (MGT503)”
Assignment No. 2
Marks: 30
PLANNING
IMPORTANCE OF PLANNING
As the news of influenza pandemic broke out, it was witnessed that the government and health
officials rushed to purchasing medicines, conducting disaster drills and taking such initiatives
that would limit the spread of these diseases.
However, one survey indicated that 72% companies had not even begun to prepare for the bird
flu pandemic. Most of the business officials in United States stated that they had nobody in
charge of a plan that could identify the severity of the issue and its impact on operations. On the
contrary, Asian and particularly Southeast Asian countries had planned for this situation, as
they previously had to deal with the SARS outbreak in 2003 which brought the regions’
commerce to a standstill. But they were well prepared this time. A survey of 80 corporate
officials held by American Chamber of Commerce in Hong Kong found that nearly every
company had someone incharge of such catastrophic situations and 60 percent stated that they
had clearly mapped out plans that could be implemented immediately in such a crisis situation.
For instance, HSBC, a global bank took steps to help and prepare its employees work from
home and also prepared to divide work among multiple sites. Even FedEx said it had prepared
contingency plans down to every district or market in Asia Pacific.
But what about those businesses that had not yet prepared for a potential outbreak? A report on
the outbreak of such a deadly flu reported. “In a world where the global supply chain and real-
time inventories determine almost everything we do, down to the food available for purchase in
our grocery stores, the importance of advanced planning can not be overstated.”
1. What role do you think goals might play in a company’s planning for any possible
pandemic outbreak? List down some goals that you think might will be important
2. What type of plans might companies need for this situation ( for instance short term,
long term or both) Explain why you think these plans are important in this situation
3. Being a manager what planning tools would you recommend to deal with this type of
situation effectively?
Important Tips
1. This Assignment can be best attempted from the knowledge acquired after
watching video lecture no. 18 to lecture no 24 and reading handouts as well as
recommended text book).
2. Video lectures can be downloaded for free from www.youtube.com/vu.
Schedule
Opening Date and Time
June 17th, 2010 At 12:01 A.M. (Mid-Night)
Due Date and Time
June 22nd, 2010 At 11:59 P.M. (Mid-Night)
Note: Only in the case of Assignment, 24 Hrs extra / grace period after the above mentioned
due date is usually available to overcome uploading difficulties which may be faced by the
students on last date. This extra time should only be used to meet the emergencies and above
mentioned due dates should always be treated as final to avoid any inconvenience.
Important Instructions:
Please read the following instructions carefully before attempting the assignment solution.
Make sure that you upload the solution file before the due date. No
assignment will be accepted through e-mail once the solution has been
uploaded by the instructor.
Formatting guidelines:
Use the font style “Times New Roman” and font size “12”.
It is advised to compose your document in MS-Word 2003.
Use black and blue font colors only.
Solution guidelines:
Maximum word limit for attempting each question is 50
It is preferable to express your answer in bullets form
Use APA style for referencing and citation. For guidance search “APA
reference style” in Google and read various website containing
information
for
better
understanding
or
http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
Every student will work individually and has to write in the form of an
analytical assignment.
Give the answer according to question, there will be negative marking
for irrelevant material.
For acquiring the relevant knowledge don’t rely only on handouts but
watch the video lectures and use other reference books also.
Rules for Marking
Please note that your assignment will not be graded or graded as Zero (0) if:
It has been submitted after due date
The file you uploaded does not open or is corrupt
It is in any format other than .doc (MS. Word)
It is cheated or copied from other students, internet, books, journals etc…

Wednesday, June 16, 2010

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Tuesday, June 15, 2010

MGT502 Online Quize No. 2 (15 June 2010)

OB quiz# 2
 quizzes attempted on 15-06-2010


In the modern work world, where higher-level trust has been largely destroyed because of broken promises, it is likely to be replaced with which of the following type of trust?
Select correct option:

Reliance-based
Dependence-based
Knowledge-based
Identity-based





The primary change agents in an organization are:


Select correct option:





Employees
Managers
Leaders
Stakeholders






“Fahad is easy-going at home, but at work he becomes very tense and anxious.” This statement attributes Fahad’s personality more to which of the following?


Select correct option:





Heredity
Environment
Situation
Locus of control






Which of the following theories was proposed by Douglas McGregor?


Select correct option:





Hierarchy of needs theory
Theories X and Y
Two-factor theory
Expectancy theory






Which of the following term is used to describe broad range of feelings that people experience?


Select correct option:





Mood
Affect
Emotion
Emotional Intelligence






One of the shortcuts used to judge others involves evaluating a person based on how he/she compares to other individuals on the same characteristic. What is this shortcut called?


Select correct option:





Selective perception
The contrast effect
The halo effect
Stereotyping






Which of the following answer choices is the best definition of attitude?


Select correct option:





Attitudes are the yardstick by which one measures one’s actions
Attitudes are the emotional part of an evaluation of some person, object or event
Attitudes are evaluative statements of what one believes about something or someone
Attitudes are a measure of how the worth of an object, person or event is evaluated






Which one of the following would NOT be considered a human skill in Katz’s structure?


Select correct option:





Decision making
Communicating
Working as part of a team
Listening to others






Mr. Zulfiqar, Manager in ABC Company, always assume that employees don't like to work and avoid working whenever possible, So he uses to threaten employees to achieve their goals. Which theory is he applying?


Select correct option:





Theory Z
Theory Y
Theory X
Goal Setting Theory






Which one of the following is NOT a component of an organization


Select correct option:





People
Place
Structure
Task






What is/are the key element(s) of motivation?


Select correct option:





Intensity
Direction
Persistence
All of the given options






Which of the following terminal values was ranked as the most important by executives?


Select correct option:





Freedom
Self-respect
Family security
Social security






According to Robert Katz, when managers have the mental ability to analyze and diagnose complex situations, they possess _____________ skills.


Select correct option:





Technical

Leadership

Problem-solving

Conceptual



Which of the following is NOT an important issue relating to goal-setting theory?
Select correct option:

Goal specificity
Equity among co-workers
Feedback
Defining the goal


An OB study would be least likely to be used to focus on which of the following problems?
Select correct option:

An increase in absenteeism at a certain company
A fall in productivity in one shift of a manufacturing plant
A decrease in sales due to growing foreign competition
Excessive turnover in volunteer workers at a non-profit organization






Which of the following is NOT one of the most common types of teams?


Select correct option:





Problem-solving
Interdepartmental
Self-managed
Cross functional






Which of the following term is used to define tendency to draw a general impression about an individual on the basis of a single characteristic?


Select correct option:





Contrast Effect
Halo effect
Self-Serving bias
Selective Perception


Group behavior, power, and conflict are central areas of study for _____________.


Select correct option:





Sociologists
Anthropologists
Social psychologists
Operations analysts


Which of the following is LEAST likely to create dependency?


Select correct option:





Importance
Non substitutability
Power legitimacy
Supply and demand ( not sure, pls confirm)



Hadia is an office worker who processes health insurance forms. She has worked at her present job for three years. Initially she was criticized by her supervisor for careless work, but in the months after that improved considerably. Now she consistently processes her forms without errors and above quota. However she has found her supervisor has not responded to the extra effort she puts in, giving her no praise and no financial reward. Hadia will most likely perceive that there is a problem in which of the following relationships?
Select correct option:

Rewards-personal goals
Performance-reward
Effort-performance
Rewards-effort


Explaining, measuring and changing behavior of humans or animals are concerned with:


Select correct option:





Operational analysts
Scientists
Psychologists
Sociologists


Ahmed is responsible to transmit information to outsiders on organization’s plans, policies, actions and results. Which managerial role is he playing in organization?


Select correct option:





Disseminator
Spokesperson
Representative
Figurehead


The process of forming impression( through combining, integrating and interpreting information) of someone on the basis of previous attitude of ours, stimulus and current mood is called__________________.


Select correct option:





Selective Perception( not sure, pls confirm)
Mood
Behavior
Social Perception


Your company’s director of human resources suggests that the problem with the recruitment process is not the interviewers, but rather the fact that the interviewers lack a clear understanding of the traits and skills required for each position. Which type of team would be most likely to assemble to compile a list of the required skills?


Select correct option:





Virtual team
Self-managed team
Task force (not sure pls confirm)
Problem-solving team


Which of the following terminal values was ranked as the most important by executives?


Select correct option:





Freedom
Self-respect
Family security
Social security


Which of the following answer choices is the best definition of attitude?


Select correct option:





Attitudes are the yardstick by which one measures one’s actions
Attitudes are the emotional part of an evaluation of some person, object or event
Attitudes are evaluative statements of what one believes about something or someone
Attitudes are a measure of how the worth of an object, person or event is evaluated


The managers of a multinational company are located in Taiwan, India, Brazil, and the United States. Which group decision-making technique seems most reasonable for this organization?


Select correct option:





A postal service interaction
A brainstorming session
A nominal group
An electronic meeting


Psychology’s major contributions to the field of organizational behavior have been primarily at what level of analysis?


Select correct option:





The level of the group
The level of the individual
The level of the organization
The level of the culture


What is the term used for a general impression about an individual based on a single characteristic such as intelligence, sociability, or appearance?


Select correct option:





The contrast effect
Personal bias
The halo effect
Projection


If a person responds the same way over time, attribution theory states that the behavior shows:


Select correct option:





Distinctiveness
Consensus
Consistency
Continuity


Using operant conditioning, which of the following is NOT a method that can be used to change behavior?


Select correct option:





Negative reinforcement
Punishment
Counseling
Positive reinforcement






Emotional intelligence appears to be especially relevant in jobs that demand which of the following?


Select correct option:





Social Interaction
Commitment
Charisma
Leadership Skills


Which one of the following would be considered a motivator in the two-factor theory?


Select correct option:





Salary
Bonuses
Working conditions
Responsibility



The study which enables us to learn about human beings, their activities and societies is known as


Select correct option:





Political Science
Sociology
Anthropology
Organizational Behavior


Mr.Muneeb is responsible for corrective actions when his organization faces important and unexpected disturbance. What management role is he playing?


Select correct option:





Negotiator
Disturbance handler
Resource Allocator
Dissemenator


Rizwan is low on conscientiousness. This would lead you to suspect that which of the following statements is most likely to be true about Rizwan?


Select correct option:





He will be easily distracted
He will find comfort in the familiar
He will be comfortable with solitude
He will be nervous, depressed, and insecure


Miss Manaal, HR Executive of XYZ company, rejected all those candidates who graduated from ABC University. It is an example of:


Select correct option:





Projection
Selective Perception
Stereotyping
Halo effect


___________ focuses on the study of people in relation to their social environment.


Select correct option:





Psychology
Sociology
Corporate strategy
Political science


Which of the following is the expected weakness of group decision making?


Select correct option:





Less complete knowledge
More time will be used to make the decision
Employees will be less accepting of the group decision
The decision will probably be a lower quality decision