Question/Description
Mr. Ali is an IT specialist and works in a Software House. He is awarded "Employee of the Year" award. The fact is that, he is considered as one of the most enthusiastic, broad-minded, innovative and creative software developer. Also, his colleagues and coworkers term him as a trustworthy and well-mannered person.
Evaluate the personality of Mr. Ali in the light of Big Five Personality Model, point out and discuss two factors on which he is on higher end.
Solution-1:
Mr. Ali is an IT specialist and works in a Software House. He is awarded "Employee of the Year" award. The fact is that, he is considered as one of the most enthusiastic, broad-minded, innovative and creative software developer. Also, his colleagues and coworkers term him as a trustworthy and well-mannered person.
Evaluate the personality of Mr. Ali in the light of Big Five Personality Model, point out and discuss two factors on which he is on higher end
1 Agreeableness (A)
How do you react to others' opinions? When you agree to them easily, you are considered agreeable. However, your strong reactions qualify you as challenger in the words of Howard and Howard (2001). There are some other correlated traits for agreeableness.
A Higher Degree in 'A'
The five factor model of personality considers you as good natured, sympathetic and forgiving. You are considered as tolerant, agreeable and courteous. You prove an excellent team member. You strive to bring harmony amongst your mates. You are friendlier, approachable and appeasing. You can ignore your own needs for others'.
However, you are not a good leader. You prefer to work in background. You keep your opinions to yourself to avoid conflict. You are easily influenced. But you are a born social reformer. You can prove an excellent teacher. The psychology is one of the best fields for you.
A Lower Degree in 'A'
Five factor model of personality considers you as critical, analytical and tough. You are expressive in your opinions. You don't hide your reactions. You want your efforts and achievements to be acknowledged. You can challenge. You are a born leader.
However, you may not prove a good team leader. Extreme degrees qualify you as a rude, callous and self-centered person. You are viewed as hostile. You are not considered cooperative. Your love for power can lead you to be an autocrat.
You are considered suitable for those careers where you are given freedom to exercise your will. Military leadership, public administration and management are the best career dimensions for you.
2: Openness to Change (O)
Five facto model of personality considers you open for change when you accept new thoughts, ideas and changes.
However, you are considered close to change when you avoid new experiments and follow rules and regulations very strictly. The other correlated personality traits with different degrees are mentioned below.
A Higher Degree in 'O'
You qualify to be counted as original, creative and curious. You believe that change is more than essential for social evolution. You love revolutions. You enjoy complexities of things and strive to find out their solutions. You can handle new systems, technologies and tools with great ease. You always build a big picture but tend to ignore vital details.
You are considered suitable for the careers where a lot of creativity, novelty and originality is involved.
A Lower Degree in 'O'
The five factor model of personality qualifies you as a resistant to change. You are traditional. You love peaceful
environment, secure jobs and serene family life. You spend a lot of time on details. You can execute plans very well.
However, you are not a good planner. Your focus on details may cause you to ignore big picture. You accept change only when there is no way out. The careers where rules and regulations are to be followed very strictly are considered suitable for you. You can prove a good judge, accountant and auditor. No one can be better financial manager than you.
3: Extraversion (E)
Five factor model of personality considers your preferred way to handle your environment very important. Different criteria are adopted when you apply for a job of cricket commentator and for a position of a script writer. You can identify what level of degree you require to go for your dream job.
A Higher Degree in 'E'
The five factor model considers you social, friendlier and talkative. You are often assertive and energetic. You can do many tasks successfully at a time. You prefer to lead others. You are charismatic. However, you rely upon others without knowing them very well. You are considered fit for politics, sales and public related careers.
A Lower Degree in 'E'
You are considered private, serious and skeptic. You don't rely on others easily. You keep your secrets to your self. You are often quiet. You prefer environment where you can work alone. Production management, natural sciences and art related careers are considered suitable for you.
4: Conscientiousness (C )
How do you take your work?
A Higher Degree in 'C'
The five factor model of personality considers you an organized, focused and timely achiever of your goals. You plan things and follow that route strictly. You are not easy to be distracted. However, you tend to be workaholic. You are self-disciplined. You are considered confident, dutiful and reliable. You often prove a strong executive in any organization.
A Lower Degree in 'C'
The five factor model of personality considers you careless, relaxed and unorganized. You don't plan things and pursue your goals with a flexible approach. Some day you work a lot and other day you go on vacations. You are spontaneous. However, you are not considered good for projects where deadlines are to be followed.
5: Neuroticism (N)
How do you handle depression?
A Higher Degree in 'N'
The five factor model considers you nervous, unstable and vulnerable to negative emotionality. You are never satisfied with your life. You are inflamed easily. You are reactive and often fail to recover from depression shock easily. You always feel a need for stability. In extreme cases, you may be advised clinical treatment. You have optimistic approach to life.
A Lower Degree in 'N'
The five factor model of personality considers you emotionally stable, strong nerved and composed person. You are often calm and optimist. You recover from depression periods very easily. You can find out the best out of the worst. You love peace and security. You are often satisfied with your life. You are a valuable candidate for careers in air traffic, controllers and airline pilots, finance management and engineering
Solution-2:
Mr. Ali is an IT specialist and works in a Software House. He is awarded "Employee of the Year" award. The fact is that, he is considered as one of the most enthusiastic, broad-minded, innovative and creative software developer. Also, his colleagues and coworkers term him as a trustworthy and well-mannered person.
Evaluate the personality of Mr. Ali in the light of Big Five Personality Model, point out and discuss two factors on which he is on higher end.
Answer:
Personality researchers have proposed that there are five basic dimensions of personality. Evidence of this theory has been growing over the past 50 years, beginning with the research of D. W. Fiske (1949) and later expanded upon by other researchers including Norman (1967), Smith (1967), Goldberg (1981), and McCrae & Costa (1987).
The "big five" are broad categories of personality traits. While there is a significant body of literature supporting this five-factor model of personality, researchers don't always agree on the exact labels for each dimension. However, these five categories are usually described as follows:
Extraversion: This trait includes characteristics such as excitability, sociability, talkativeness, assertiveness, and high amounts of emotional expressiveness.
Agreeableness: This personality dimension includes attributes such as trust, altruism, kindness, affection, and other prosocial behaviors.
Conscientiousness: Common features of this dimension include high levels of thoughtfulness, with good impulse control and goal-directed behaviors. Those high in conscientiousness tend to be organized and mindful of details.
Neuroticism: Individuals high in this trait tend to experience emotional instability, anxiety, moodiness, irritability, and sadness.
Openness: This trait features characteristics such as imagination and insight, and those high in this trait also tend to have a broad range of interests.
Solution-3:
Mr. Ali is an IT specialist and works in a Software House. He is awarded "Employee of the Year" award. The fact is that, he is considered as one of the most enthusiastic, broad-minded, innovative and creative software developer. Also, his colleagues and coworkers term him as a trustworthy and well-mannered person.
Evaluate the personality of Mr. Ali in the light of Big Five Personality Model, point out and discuss two factors on which he is on higher end.
Answer:
The Big Five personality model
Personality test has evolved on the basis of the early thoughts and thinking of Freud. For long Meyers Briggs Type Indicator (MBTI) has been the undisputed leader in the personality test field. Big Five has taken up the competition with the MBTI about being the most popular/progressive personality test.
Big Five Personality traits
The Big Five personality traits is summarized below:
• Openness - open-minded, an interest in art, emotional, adventurous, new ideas and curiosity.
• Conscientiousness - typically self-disciplined, result oriented and structured, tradition and dutiful.
• Extraversion - high energy level, people person, extrovert and gets stimulated by being around others.
•
• Agreeableness - compassionate, cooperative, ability to forgive and being pragmatic, lets get the thing done.
• Neuroticism - sensible, vulnerable, in extreme: emotional unstable and neurotic.
The big five model tests help you identify your personality traits and explore your strengths. You must be honest while answering the questions because feedback is given only with your answers.
Feedback based on big five model is generally given in percentile scores signifying the presence of each of the factor in your whole personality.
Big Five Personality score
Studies suggest that that the distributed average score of people on the Big Five traits is as the following:
Wednesday, November 10, 2010
Thursday, November 4, 2010
Marketing Management Mkt501 GDB No. 1 Solution
Semester “Fall 2010”
“Marketing Management (MKT 501)”
“Marketing Management (MKT 501)”
Topic for Discussion
“ Competition/ Competitors”
You have been recently hired as a marketing manager in a Shampoo manufacturing organization.There is only 20% market share of your organization while your competitors having 45% and 35% market share respectively. CEO has given you the target at the time of joining this organization that Market share should be 40% within a year.
“How do you upgrade your market share”?
................
Solution:
1.Reallocate marketing budgets from branding to direct-target marketing for a higher return on investment.
2.Know your customer. Build a marketing database designed to gain insights into customer value, vulnerability and potential.
3.Get smart about your customer data. Hotel sales and marketing teams should profile their best customers on highest value and target others that look like those best customers. Hotels attracting conventions or meetings need to prioritize prospects into A-B-C lists and provide value-added incentives for A-list prospects, focusing the majority of the budget on those.
4.Leverage new customer insights on customer value, vulnerability and potential into campaigns that maximize ROI.
5.Test creative and offers to measure and redeploy what works best.
6.Track and report campaign response and conversion effectiveness.
7.Grow relationships with current customers. Use social media and electronic communications to increase loyalty and reasons to communicate with customers.
2.Know your customer. Build a marketing database designed to gain insights into customer value, vulnerability and potential.
3.Get smart about your customer data. Hotel sales and marketing teams should profile their best customers on highest value and target others that look like those best customers. Hotels attracting conventions or meetings need to prioritize prospects into A-B-C lists and provide value-added incentives for A-list prospects, focusing the majority of the budget on those.
4.Leverage new customer insights on customer value, vulnerability and potential into campaigns that maximize ROI.
5.Test creative and offers to measure and redeploy what works best.
6.Track and report campaign response and conversion effectiveness.
7.Grow relationships with current customers. Use social media and electronic communications to increase loyalty and reasons to communicate with customers.
..............
Another solution:
Unless a company is increasing its turnover every year, it’s shrinking in real terms.
A manager must know their customers in terms of what they buy, why they buy, how they buy, their typical budget and where else they buy from.
The ways that can help me to increase market share of my company are:
I must try to get customers to buy more frequently by adding value to products and services.
Former customers can be won back if I find out why they left and try to resolve the problem.
Consider ways to make the business more appealing, such as a time-limited discount, but I must be realistic as it is not worth winning customers back at any cost.
Additional sales methods, such as a direct sales operation, using wholesalers or distributors, appointing an agent, setting up an e-commerce operation.
Growth by creating new products or services is even more risky, because if mishandled it can damage productivity and relationships with existing customers. However, handled well it can be a company’s biggest driver to growth and profitability.
A manager must know their customers in terms of what they buy, why they buy, how they buy, their typical budget and where else they buy from.
The ways that can help me to increase market share of my company are:
I must try to get customers to buy more frequently by adding value to products and services.
Former customers can be won back if I find out why they left and try to resolve the problem.
Consider ways to make the business more appealing, such as a time-limited discount, but I must be realistic as it is not worth winning customers back at any cost.
Additional sales methods, such as a direct sales operation, using wholesalers or distributors, appointing an agent, setting up an e-commerce operation.
Growth by creating new products or services is even more risky, because if mishandled it can damage productivity and relationships with existing customers. However, handled well it can be a company’s biggest driver to growth and profitability.
..
another
Matrix defined by Ansoff. Market penetration occurs when a company enters/penetrates a market
with current products. The best way to achieve this is by gaining competitors' customers (part of
their market share). Other ways include attracting non-users of your product or convincing current
clients to use more of your product/service (by advertising etc). Ansoff developed the Product-
Market Growth Matrix to help firms recognise if there was any advantage of entering a market.
Market penetration occurs when the product and market already exists
Other growth strategies include:
Product development (existing markets, new products): McDonalds is always within the
fast-food
Market development (new markets, existing products): Lucozade was first marketed for
sick children and then rebranded to target athletes.
Diversification (new markets, new products): Mohen A.S, Bion Products, Selectron Ltd,
bk
The penetration that brands and products have can be recorded by companies such
as ACNielsen and TNS who offer panel measurement services to calculate this and other
consumer measures. In these cases penetration is given as a percentage of a country's
households
of time.
CS507 Assignment No. 2 Announced
Question 1:
Give at least 2 examples of each type of system. [5 marks]
1. Transaction processing systems
2. Office Automation Systems
3. Knowledge Work Systems
4. Decision Support Systems
5. Management information systems
Question 2:
How an Information system can help to meet call centre challenges? [5 marks]
Give at least 2 examples of each type of system. [5 marks]
1. Transaction processing systems
2. Office Automation Systems
3. Knowledge Work Systems
4. Decision Support Systems
5. Management information systems
Question 2:
How an Information system can help to meet call centre challenges? [5 marks]
Wednesday, November 3, 2010
CS615 Software Project Management Idea Solution Assigment#1 Fall 2010
CS 615 solution :
Question # 1:
Choice elements are found in the theory and practice of strategic management and
provide the performance standard by which enterprise resources are identified, selected,
committed for the growth and survival of the organizational process and future products.
Discuss the key choice elements for the strategic management that are important building
blocks in the design and implementation of the strategies for the enterprise’s future.
Solution:
In the management of an enterprise as if its future mattered, nine key choice elements are
involved. These choice elements for the enterprise are:
1. vision
2. mission
3. objectives
4. goals
5. strategies
6. programs
7. projects
8. operational plans
9. organizational design
These choice elements provide for the major performance standards by which enterprise
resources will be identifies, selected, committed, and reviewed in the enterprise for
survival and growth in its future products, services, and organizational processes.
Vision:
A vision is a mental image of what could be anticipated for the enterprise’s future such as
becoming a world-class competitor. One company defined its vision to be a “world-class
competitor and to keep it that way. We have programs in place to do just that such as a
total qualitymanagement process whereby we live quality.” Another company included
in its vision statement: “We will enhance our competitiveness by being first in the
development of advanced technology that supports our world-class products and
services.”
Mission:
The mission of an enterprise answers the basic question: What business are we in? One
project-driven firm defined its mission in the following way: “We are in the business of
designing, developing, and installing energy management systems and services for the
domestic industrial market.”
Objective:
An objective is a statement of the ongoing purposes in the enterprise that must be carried
out to support the organizational mission. A computer company defines one of its
objectives as “leading the state-of-the-art in its products and services.”
Admin MIS (OraiL)
Vu Askari Team
VU Askari
Note: Solve these papers by yourself
This VU Group is not responsible for any solved content
VU Askari
Goal:
A goal is a specific achievement in the satisfaction of enterprise objectives. As a
performance measurement for progress in the use of resources to support corporate
purposes, a goal has a specific time element. One company defined its goals as the
realization of a certain percentage of return on invested assets by a specific date.
Strategy:
An organizational strategy is the design of the means, through the use of resources, to
accomplish end purposes. Strategies also include action plans for establishing the
direction for the coordinated acquisition and use of resources through organizational
design choices. Strategies also provide for the means to obtain resources for the
enterprise, and how to use such resources effectively and efficiently in the fulfillment of
organizational purposes.
Programs:
Programs are resource-consuming combination of organizational resources, which have a
common purpose in supporting the enterprise’s purposes. For example, a productivity
improvement program could be composed of projects such as the following:
the use of self-managed production teams on the assembly line
plane and equipment modernization initiatives
use of computer-aided design and manufacturing
Changeover of a production facility from conventional manufacturing to
manufacturing cells.
Projects:
Projects are ad hoc, resource-consuming activities used to implement organizational
strategies, achieve enterprise goals and objectives, and contribute to the realization of the
enterprise’s mission.
Operational plans:
Operational plans are those documents developed to guide the organization in a
consistent fashion toward meeting its mission, objectives, and goals through designated
strategies. These plans from the overarching policies, procedures, and practices for when
and how program and project work will be accomplished.
Organizational Design:
Organizational design is the organizational structure that facilitates performing the work.
Organizational design considers the business that is being conducted, the manner in
which work will be conducted, the practices for managing the work effort and strategies
for work accomplishment. An optimal organization design supports the enterprise in
getting its work accomplished in the most competitive way.
Question # 2:
Discuss the planning limitations in formal strategic planning? (At least five)
Solution:
Some limitations of formal strategic planning
Admin MIS (OraiL)
Vu Askari Team
VU Askari
Note: Solve these papers by yourself
This VU Group is not responsible for any solved content
VU Askari
1. The environment that the enterprise faces may change more than expected,
including unexpected events in economics, social issues, war or the threat of war.
The growing threat of terrorism, natural catastrophes like the Katrina hurricane.
2. Resistance by enterprise people. The old way of doing things, old policies, old
strategies, and operating processes and procedures may be so entrenched that it is
difficult to change them.
3. Strategic planning is challenging. It is hard work, expensive, and the desired
results may take years to more about.
4. Formal strategic planning is not designed to get an enterprise out of current
difficulties. But a strategic planning process that has considered alternative
scenarios, both positive and negative, will help to reduce the effects of operational
difficulties.
5. Strategic planning is hard work. It requires imagination, innovation, analytical
ability, creativity, and the resolution to evaluate, choose, and design
implementation strategies for organization products, services, and processes likely
to be relevant several years into the future.
6. Strategic plans are commitments made in the present for alternative choices for
the often distant future. A strategic plan should be a “living document” not
allowed to become fixed for the future, but be a plan whose implementation is
likely to come about assuming that environmental factors remain relatively
constant.
Question # 1:
Choice elements are found in the theory and practice of strategic management and
provide the performance standard by which enterprise resources are identified, selected,
committed for the growth and survival of the organizational process and future products.
Discuss the key choice elements for the strategic management that are important building
blocks in the design and implementation of the strategies for the enterprise’s future.
Solution:
In the management of an enterprise as if its future mattered, nine key choice elements are
involved. These choice elements for the enterprise are:
1. vision
2. mission
3. objectives
4. goals
5. strategies
6. programs
7. projects
8. operational plans
9. organizational design
These choice elements provide for the major performance standards by which enterprise
resources will be identifies, selected, committed, and reviewed in the enterprise for
survival and growth in its future products, services, and organizational processes.
Vision:
A vision is a mental image of what could be anticipated for the enterprise’s future such as
becoming a world-class competitor. One company defined its vision to be a “world-class
competitor and to keep it that way. We have programs in place to do just that such as a
total qualitymanagement process whereby we live quality.” Another company included
in its vision statement: “We will enhance our competitiveness by being first in the
development of advanced technology that supports our world-class products and
services.”
Mission:
The mission of an enterprise answers the basic question: What business are we in? One
project-driven firm defined its mission in the following way: “We are in the business of
designing, developing, and installing energy management systems and services for the
domestic industrial market.”
Objective:
An objective is a statement of the ongoing purposes in the enterprise that must be carried
out to support the organizational mission. A computer company defines one of its
objectives as “leading the state-of-the-art in its products and services.”
Admin MIS (OraiL)
Vu Askari Team
VU Askari
Note: Solve these papers by yourself
This VU Group is not responsible for any solved content
VU Askari
Goal:
A goal is a specific achievement in the satisfaction of enterprise objectives. As a
performance measurement for progress in the use of resources to support corporate
purposes, a goal has a specific time element. One company defined its goals as the
realization of a certain percentage of return on invested assets by a specific date.
Strategy:
An organizational strategy is the design of the means, through the use of resources, to
accomplish end purposes. Strategies also include action plans for establishing the
direction for the coordinated acquisition and use of resources through organizational
design choices. Strategies also provide for the means to obtain resources for the
enterprise, and how to use such resources effectively and efficiently in the fulfillment of
organizational purposes.
Programs:
Programs are resource-consuming combination of organizational resources, which have a
common purpose in supporting the enterprise’s purposes. For example, a productivity
improvement program could be composed of projects such as the following:
the use of self-managed production teams on the assembly line
plane and equipment modernization initiatives
use of computer-aided design and manufacturing
Changeover of a production facility from conventional manufacturing to
manufacturing cells.
Projects:
Projects are ad hoc, resource-consuming activities used to implement organizational
strategies, achieve enterprise goals and objectives, and contribute to the realization of the
enterprise’s mission.
Operational plans:
Operational plans are those documents developed to guide the organization in a
consistent fashion toward meeting its mission, objectives, and goals through designated
strategies. These plans from the overarching policies, procedures, and practices for when
and how program and project work will be accomplished.
Organizational Design:
Organizational design is the organizational structure that facilitates performing the work.
Organizational design considers the business that is being conducted, the manner in
which work will be conducted, the practices for managing the work effort and strategies
for work accomplishment. An optimal organization design supports the enterprise in
getting its work accomplished in the most competitive way.
Question # 2:
Discuss the planning limitations in formal strategic planning? (At least five)
Solution:
Some limitations of formal strategic planning
Admin MIS (OraiL)
Vu Askari Team
VU Askari
Note: Solve these papers by yourself
This VU Group is not responsible for any solved content
VU Askari
1. The environment that the enterprise faces may change more than expected,
including unexpected events in economics, social issues, war or the threat of war.
The growing threat of terrorism, natural catastrophes like the Katrina hurricane.
2. Resistance by enterprise people. The old way of doing things, old policies, old
strategies, and operating processes and procedures may be so entrenched that it is
difficult to change them.
3. Strategic planning is challenging. It is hard work, expensive, and the desired
results may take years to more about.
4. Formal strategic planning is not designed to get an enterprise out of current
difficulties. But a strategic planning process that has considered alternative
scenarios, both positive and negative, will help to reduce the effects of operational
difficulties.
5. Strategic planning is hard work. It requires imagination, innovation, analytical
ability, creativity, and the resolution to evaluate, choose, and design
implementation strategies for organization products, services, and processes likely
to be relevant several years into the future.
6. Strategic plans are commitments made in the present for alternative choices for
the often distant future. A strategic plan should be a “living document” not
allowed to become fixed for the future, but be a plan whose implementation is
likely to come about assuming that environmental factors remain relatively
constant.
STA301 Solution of the First Assignment solution Fall2010
(a)
Solution:
An array is a systematic arrangement of objects, usually in rows and columns.
(b)
Make discrete frequency distribution from the given data,
1,2,3,2,1,2,1,3, 4,5,1,2,3,1,4,2, 2,3,2,1,4,4,4,2,1,
Also find;
• Cumulative
• Relative frequencies
Solution:
CLASS NO. Frequencies Cumulative frequency Relative frequency
1 7 7 0.28
2 8 7+8 = 15 0.32
3 4 15+4 =19 0.16
4 5 19+5 = 24 0.2
5 1 24+1 = 25 0.04
Total 25 ----
Question no.02
(a) Find Geometric mean from the following data.
1, 2, 3,2,4,5,4,3,4,-1,4, 3,0,1,-3, 2,4
Solution:
Geometric mean can not b calculated as there are some negative values and zero values present in the data.
(b) The weight of the 40 male students at a university is given in the following frequency table:
Weight frequency CF
118-126 3 3
127-135 5 3+5 =
136-144 9 8+9 =
145-153 12 17+12 =
154-162 5 29+5 =
163-171 4 34+4 =
172-180 2 38+2 = (equal to the sum of total frequency.. !
Calculate median and mode from the above data.
Solution:
MODE:
MEDIAN:
Where l=145, h=8, f=12, n/2=20 and c = 17
Put these values in formal and then calculate…
Question no.03
(b) For given data calculate range and coefficient of range,
0.035, 0.045, 0.031, 0.044, 0.032
Solution:
Xm=0.045
X0=0.031
Range: =
Coefficient of range: =
Put the values in the formula then calculate
(c) Calculate an appropriate measure of dispersion for the following data.
Farm Size (acre) No. of Farms
Bellow 40 394
41-80 461
81-120 391
121-160 334
161-200 169
201-240 113
241 and above 148
Solution:
Question solve with quartile deviation;;;
Quartile deviation = Q3 - Q1 / 2
With best regards
Solution:
An array is a systematic arrangement of objects, usually in rows and columns.
(b)
Make discrete frequency distribution from the given data,
1,2,3,2,1,2,1,3, 4,5,1,2,3,1,4,2, 2,3,2,1,4,4,4,2,1,
Also find;
• Cumulative
• Relative frequencies
Solution:
CLASS NO. Frequencies Cumulative frequency Relative frequency
1 7 7 0.28
2 8 7+8 = 15 0.32
3 4 15+4 =19 0.16
4 5 19+5 = 24 0.2
5 1 24+1 = 25 0.04
Total 25 ----
Question no.02
(a) Find Geometric mean from the following data.
1, 2, 3,2,4,5,4,3,4,-1,4, 3,0,1,-3, 2,4
Solution:
Geometric mean can not b calculated as there are some negative values and zero values present in the data.
(b) The weight of the 40 male students at a university is given in the following frequency table:
Weight frequency CF
118-126 3 3
127-135 5 3+5 =
136-144 9 8+9 =
145-153 12 17+12 =
154-162 5 29+5 =
163-171 4 34+4 =
172-180 2 38+2 = (equal to the sum of total frequency.. !
Calculate median and mode from the above data.
Solution:
MODE:
MEDIAN:
Where l=145, h=8, f=12, n/2=20 and c = 17
Put these values in formal and then calculate…
Question no.03
(b) For given data calculate range and coefficient of range,
0.035, 0.045, 0.031, 0.044, 0.032
Solution:
Xm=0.045
X0=0.031
Range: =
Coefficient of range: =
Put the values in the formula then calculate
(c) Calculate an appropriate measure of dispersion for the following data.
Farm Size (acre) No. of Farms
Bellow 40 394
41-80 461
81-120 391
121-160 334
161-200 169
201-240 113
241 and above 148
Solution:
Question solve with quartile deviation;;;
Quartile deviation = Q3 - Q1 / 2
With best regards
Mgt201 GDB No. 1 Announced
“Financial Management (MGT201)”
This is to inform that Graded Discussion Board (GDB) has opened according to the following schedule
Schedule
Opening Date and Time
November 03, 2010 At 12:01 A.M. (Mid-Night)
Closing Date and Time
November 05, 2010 At 11:59 P.M. (Mid-Night)
Note: No extra or bonus/grace period is available for attempting GBD.
Cash inflows
Year
Project A
Project B
1
10,000
Rs.12,000
2
14,000
12,000
3
18,000
12,000
4
10,000
12,000
5
11,000
12,000
a) Determine the payback period of Project A and state whether it is acceptable?
b) Determine the payback period of Project B and state whether it is acceptable?
This is to inform that Graded Discussion Board (GDB) has opened according to the following schedule
Schedule
Opening Date and Time
November 03, 2010 At 12:01 A.M. (Mid-Night)
Closing Date and Time
November 05, 2010 At 11:59 P.M. (Mid-Night)
Note: No extra or bonus/grace period is available for attempting GBD.
..........
XYZ enterprises is planning for capital expenditure and for this purpose, it is considering two mutually exclusive projects. Each requires an initial investment of Rs.50,000. The president of XYZ Enterprises has set the maximum acceptable payback period of 4 years. After tax cash inflows associated with each project are as follows:
Cash inflows
Year
Project A
Project B
1
10,000
Rs.12,000
2
14,000
12,000
3
18,000
12,000
4
10,000
12,000
5
11,000
12,000
a) Determine the payback period of Project A and state whether it is acceptable?
b) Determine the payback period of Project B and state whether it is acceptable?
Mkt621 GDB No. 1 Solution
Advertising has damaged children to a large extent”. Justify this statement with solid reasons.
.............
“Advertising has damaged children to a large extent”. Justify this statement with solid reasons.
Answer: Here we are going to only elaborate that advertising damaging children to large extent. Advertise are in inherently or personally designed. So sometimes they are not safe for the viewer’s especially for children’s. Because sometimes we see in the ads of the motorcycles that young boys are promoting the motorcycle by racing or perform some kind of dangerous stuff with possession. Children’s with childish mind are trying to copy them and perform the same thing further which is very dangerous for their lives. Sometimes they force to parents to buy the useless things which are very expensive and they are not as well as useful for them. A sometimes public service ad also creates bad impact on the children’s.
So at end I would like to say sometimes ads are inversely proportional to the utility of the goods or services being offered
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