STA630 Quiz No. 1 announced

Online Quiz # 01

All Students of Fall Semester 2010 are informed that an Online Quiz # 01 for “Research Methods (STA630)” will be uploaded according to the following schedule

Opening Date and Time November 01, 2010 At 12:01 AM

Closing Date and Time November 03, 2009 At 11:59 PM

Read the following instructions carefully before attempting the Quiz.
1. Quiz will be based upon Multiple Choice Questions (MCQs) from Lesson # 01 to Lesson # 12

CS101 Assignment's Solution

Computer Description Cost Performance Reliability Size Installed In Numbers

Super Computer Very Costly in Millions Good (Pak Atomic Energy) Reliable but less then main frame more than 25 Acres Land required these are in few numbers

Main Frame Costly but less than super computer Very Good (used in PIA, etc) More Reliable than super computer small size as compare to super computer. These are in more numbers than super computer

Personal Computers Less costly than main frame Very Good (used in Offices, business org. etc) More Reliable than main frame Small size than main frame these are in large numbers

PDA’s Costly than Personal Computers Exception Performance(used in multipurpose) More Reliable than Personal Computer Very small size than personal computer These are also available in large numbers

Differentiate Between Static RAM and Dynamic RAM in Tabular form. ANY TWO differences
SRAM (static RAM)

This type of memory maintains data in storage as long as it is powered. Because it is faster and more reliable and expensive than DRAM, SRAM is most often used as cache memory. Earlier forms of SRAM were classified as Async or Sync RAM if they were synchronized with the system clock. The most common type of SRAM today is pipeline burst SRAM, which can operate at higher bus speeds.

DRAM (dynamic RAM)

This type of RAM retains its data by being continuously rewritten every few milliseconds. Like SRAM, the data in storage is volatile, meaning it is lost when the system is not powered. DRAM is the most common type of expandable company memory in workstations and servers today, but there are several different types of DRAM.

ACC501 Assignment # 01 Solution

Sales Rs. 80,000,000

Gross Profit Margin 80%

Operating Profit Margin 35%

Net Profit Margin 8%

Return on Total Assets 16%

Return on common equity 20%

Total assets Turnover 2

Average collection Period 70 Years

Gross Profit Margin Ratio = (Revenue -Cost of Goods Sold)/Revenue

0.8 = (80,000,000 - CGS)/80,000,000

0.8*80,000,000 = 80,000,000 - CGS

64,000,000 = 80,000,000 - CGS

Cost of Goods Sold = 80,000,000 - 64,000,000

Cost of Goods Sold = 16,000,000

Gross Profit = Sale - Cost of Goods Sold

Gross Profit = 80,000,000 - 16,000,000

Gross Profit = 64,000,000

Operating Profit Margin = Operating Income/ Revenue

0.35 * 80,000,000 = Operating Income

Operating Income = 28,000,000

Operating Expense = Gross Profit - Operating Income

Operating Expense = 64,000,000 - 28,000,000

Operating Expenses = 36,000,000

Net Profit Margin = Net Profit ( After Tax)/Revenue * 100

8/100*80,000,000 = Net Profit(After Tax)

Net Profit(After Tax) = 6,400,000

Earnings Available for common stockholders = Net Profit(After Tax = 6,400,000

Return on Assets - Net Income/ Total Assets

0.16 = 28,000,000/Total Assets

Operating Income is also called Net Income

Total Assets = 28,000,000/0.16

Total Assets = 175,000,000

Return on Common Equity = Net Income(After Tax)/Share Holder`s Equity

0.20 = 6,400,000/ Share Holder`s Equity

Share Holder`s Equity = 6,400,000/0.2

Share Holder`s Equity = 32,000,000

Total Asset turnover = Sales/Average Total Assets

2 = 80,000,000/Average Total Assets

Average Total Assets = 80,000,000/2

Average Total Assets = 40,000,000

Average Collection Period = (Days * Account Receivable)/Credit Sale

We assume Total Sale As Credit Sale

7 Days = (360 * Account Receivable)/80,000,000

80,000,000 * 7 = 360 * Account Receivable

80,000,000*7/360 = Account Receivable

Account Receivable = 1,555,555

MGMT623 assignment #1 Solution

Q1. How initiating structure, relates to planning, organizing and controlling? Give your opinion.

Solution:

Initiating Structure:-
According to Ohio state Leadership studies initiating structure of Behaviors is that the leader is task oriented and direct to subordinates for specific action.

In initiating structure behaviors the subordinates would not know what is expected, how to coordinate their work with others, or how their work relates to any group or organizational goals. This leads to frustration among workers and ultimately influences their productivity with proper Planning, then organizing the specific work and all resources to specific mission or action how to do. He manages the materials and facilities information resources by performing administrative activities to maintaining quality and uses personnel decision making and the controlling all this process. Without relation of POLCA function the initiating structure is neutral.

Q2 how would initiating structure help a manager do an effective job of re-engineering?

Solution:

Initiating structure helps the manager in job of reengineering:

In initiating structure of behaviors manager has to define the goal to achieve it. He defines and organizes his role and the roles of followers, is oriented toward goal attainment, and establishes well-defined patterns and channels of communication then he planes a strategy and finally selected decision is made to follow up. When he comes to organize the resources for the specific function he finds maximum of things in already structured form... He gets with low input high or very high out put.

When first time he does this job then he let group members know what is expected of them. Then he encourages the use of uniform procedures and full offer to the followers to try out ideas in the group. Decides that what shall be done and how it shall be done by assigning group members to particular tasks and Makes sure that his/her part in the group is understood by group members.
He makes Schedule of work to be done by standards of performance and ask the members to follow the rules and regulation.

So initiating structure of behaviors manager helps much more in process of reengineering.

MKT610 Assignment No. 1 Solution

Assignment No. 1
Suppose you are the Customer Care Manager of an intercity Bus Service Company at Lahore. There are different ticketing counters for different cities for males and females. Your bus service is reputed with good time management and is linked among 20 well know cities through out the country. However a series of complaints are continuously coming from the female’s customer’s counter. These complaints are ridiculous for you and threatening for the positive image of your company.

Question 1:
Assess what could be the potential complaints at females customer counter.

Answer:
The complaints at female’s customer counter;

1: The communication gape.
2: The poor pressure handling.
3: Poor time management.
4: Lack of information regarding to the services offered by Bus Service Company.
5: Not familiar with the working environment.

Question 2:
Provide the solution for your mentioned complaints in Question 1.

Answer:
Solution for above mentioned complaints:

1: Bus Service Company should train their workers, from the customer care department especially for better communication skills. I mean the customer care department is all about the communication skills.

2: We need to train our employees to handle the pressure in an efficient way. So in any situation they can work properly.

3: Time management is the key to success in any organization. So we need to work on this area. Our employees should be familiar to the system. So they can manage the work load.


4: Bus Service Company should make sure that their employees have sufficient information about the projects and services offered by the company. So they can treat the customers in a proper way. I mean to say that they can better satisfy the customer.

5: Especially for the new employees, the company should arrange the trainings to give the information about the working environment. I mean to say that every system or the organization have its own way to work. So the new comers must be informed about the system or the set of rules the company is following. So we can have a better reputation in the market.

Mkt624 Assignment No. 1 solution

#01: Why do you think it is important to convert a product into a brand?

Ans:

Because a brand name is a specific notation, or word for a product or service. It is a trademark that identifies a brand. It comes under the proprietary rights of a company. In fact if a company is expanding internationally then it becomes necessary for the company to adopt such a brand name and logo which can prove an excellent identity for the company. After the invention of advertising, in 1930 the concept of brand name emerged. Have you ever noticed that people who are brand conscious always love to use branded products which have a brand name on it.

Importance of a brand name in advertisement is also clear if you think for a while that whenever the name of fast food comes you think about McDonald, and Subways. After making a strong brand positioning, brand name of the company becomes its identification and a tool of marketing and promotion.

Q#02: State five of your favorite brands and discuss briefly why they are so dear to you?

Wall’s dairy ice cream.

It is so dear to me because not even a single time I went fad up by buying it because it is a largest selling brand in ice cream products & has a very wide range of products in a single banner. So whether if talk about taste or about quality & flavor, it will win all the time & I can bet upon it. The major motive to choose this product is, its international recognition & I feel pride to be a part of such product.

Gourmet sweets & bakers.

If we talk about confectioners then the largest selling brand in sweets & bakery products in big cities of our country is Gourmet. Whenever I visited their outlets, every Time I enjoyed their privilege & clean environment. All the stuff is so much dainty & hygienic there & whenever I want to buy some confectioners for relatives or friends then there is only one name in mind, “Gourmet” Also there is a pride of buying quality products which has its recognition too.

SONY: It is a firm which can produce mobiles phones, television, LCD, monitors, stereo systems etc. it captures its local market as well as its international market. it creates a good quality product which can use after its warranty expires. It has created a brand name in its customer’s mind. After a product is purchased by the customer the company can provide its free spare parts warranty in the limited period.

The company can create its product according to the customer’s need. That the customer can easily afford to buy it. The firm or the company can create lots of difference in their product among competitors. The person or the customer of electronic product he must first prefer to buy a Sony product that is a good and long life product. The company can also introduce a new technology in their products. That the customer can want to buy it. Some customers have special attention to the new technology products and it prefer to buy it as soon as possible.

HONDA:

It is that firm or company which produces a vehicles or cars for its customers. The company can differ in styles, quality products, luxurious and lifelong in their products among competitors. it can create an image on the customer’s mind. Company can create or turn its products into a brand and thus now he has generated a good cash flow, good future revenue for it. As time passed it introduces new technology in their vehicles manufactured so that the valued customers can want to buy it. The company can produce a product that can be durable, long life and good quality products.

IBM:

IBM is a firm which can produce computer systems, LCD’s, keyboard, and other applications of the computer systems. it produces a short body system which have a greater speed of there applications. There products must be long life and there products might be working in extreme cold and hot conditions or climate. The system user can already know its durability and quality of the IBM it produces its products in all sizes, different designs which can show the company’s image. The spare parts of the system can be easily in local market as well as in international markets.

Mgt503 Assignment No. 1 Announced

Case
Ali had worked with his father in a successful building materials business. The family had sold the company, and the Ali received a portion of the sales price. After several months, Ali began thinking about starting or buying a company. One of his hobbies was backpacking; he had hiked the highest peaks in 30 of the 50 states. In his search for a new business, Ali heard of a company that made small trailers for motorcycles. These trailers were fairly popular with retirees who were cyclists and with individuals who liked to travel on motorcycles in order to go into the back-woods where a car could not go.
After several meetings, Ali and the current owner of the firm negotiated a selling price and the deal was consummated. Immediately after the purchase, Ali moved the business from its present location to his own town, several hundred miles away.
Glossary
Backpacking- hiking and camping, Backwoods- wasteland, Consummated- to conclude something
1. Why should Ali buy the company instead of starting his own firm? (7)
2. What are the pros and Cons for Ali’s buying of this particular business?(8)

ECO402 Assignment Solution

Solution:

Qd=Qs
Qs=850-25P
Qs=500+45P
As We Know Qd=Qs
So
850-25P=500+45P
850-500=45P-25P
350=20P
P=350/20
P =17.5
Qs=500+45P
Qs=500+45(17.5)
Qs=500+787.5
Qs=1287.5
As we know Qs=Qd For equilibrium

So it will be at 1287.5

Qd=Qs
850-25p=500+45P
850-500=45p+25P
350=70P
P=350/70
P=5 (equilibrium price)
Now,
Putting the value of P in eq 1, we will get the equilibrium quantity,
Q=500+45(5)
Q=500+225
Q=725 per bushel

Mgt111 Assignment Solution

Assignment#1 (Mgt 111)

Civil Services have become the key wheels on which the entire engine of the state has to move. Hence the leaders for these services are drawn through the competitive examination. The officers thus appointed are bestowed with solemn responsibilities and are scheduled to hold the highest offices of the country.

Pakistan today needs young men and women, with qualities of both head and heart. To choose only such balanced individuals is the purpose of the civil services examination.

We discussed to the following points:-

ü Police Service of Pakistan
ü Foreign Service of Pakistan
ü Pakistan Audit & Accounts Services
ü Commerce & Trade Group

ü Railways Group

1) Polce Service Of Pakistan:-

The Police Service of Pakistan (PSP) is comprised of police officers selected through the Federal Public Service Commission Entry is at the level of Assistant Superintendent
of Police.

Under the old Police Act, the Police had many responsibilities. But with the enforcement of Police Order 2002, it has been given a leadership role alongwith lot more responsibilities and accountabilities. Every new posting is a challenge it is a never ending war against crime, social evils and every day problems of the people residing in a particular area.

2) Foreign Service Of Pakistan:-

Foreign Service of Pakistan was constituted on an ad hoc basis immediately on the birth of Pakistan. The Service was first given an executive fiat in a decision of the Federal Cabinet in July, 1948. A formal resolution constituting the service was announced in October 1952. It envisaged diplomatic posts in the Ministry of Foreign Affairs and in the Diplomatic and consular missions of Pakistan abroad. The resolution provided for the posts of (a) Secretary (1), (b) Joint Secretaries (2), (c) Deputy Secretaries (8), and (d) Under Secretaries (16) Posts for Pakistan Diplomatic Missions abroad provided for Ambassadors (17), High Commissioners (5), Ministers (4), Commissioners (1), Deputy High Commissioners (2), Counselors (15), First Secretaries (10), Second Secretaries (19), Third Secretaries (31), Consul General (3), Consul (4), and Vice Consul (7).

3) Pakistan Audit & Accounts Services:-

Pakistan Audit and Accounts Service operates under the constitution 1973, article 144 to 176, and is presently being run through Presidential Order No 23/2001.
The functions and powers of Auditor General Pakistan have been defined in the above mentioned order. The Auditor General enjoys a tenure posting of five years under the constitution. He is responsible to maintain accounts of the public sector organizations and is responsible to conduct audit of the same.

4) Commerce and Trade Group:-

Consequent upon the introduction of Administrative Reforms of 1973 aiming to create Civil Services of specialized nature and responsibility, the Trade Service of Pakistan (TSP) was changed into Commerce & Trade Group to administer Export Promotion Bureau, Office of the Chief Controller of Imports & Exports, National Tariff Commission, Trade Marks Registry and Department of Insurance. The posts of Commercial Secretary/Counsellor in Pakistani missions abroad have been kept open to all services, due to the fact that the Office Memorandum under which the Commerce & Trade Group was created did not mention these posts.

5) Railways Group:-

Pakistan Railways forms the life line of the country catering to all its needs for the large scale movement of freight as well as passenger traffic thereby contributing to economic growth and national integration.

Pakistan Railways is a multi-cadre/multi branch organization and can be dubbed as a mini-govt. For running a huge organization like that of Railways, various branches are serving to run the business smoothly. The Railways Commercial & Transportation (C&T) group plays the most important role as such it is the only cadre in Railways, inducted through CSS and is a part of Civil Services Academy Alumni C&T group is also called as operating and management department as it is solely responsible for the promotion of commercial business (freight & passenger) and for overall safety concerning train movement and operations.

Mgt201 Assignment No. 1 Solution

Financial Management MGT201

Assignment 1

ABC Corporation, a maker of electronics equipments, is considering selling the rights to market its products to a well-known advertising firm.

The proposed deal calls for annual year end payments of Rs.15,000 in years 1 through 7 and payments of Rs.30,000 and Rs.25,000 at the end of 8th and 9th year respectively. A final payment of Rs. 10,000 would be due at the end of year 10

1. If ABC Corporation applies a required rate of return of 12% to them, what is the present value of this series of payments?

Solution:

Year Cash Flows Present Value of Cash Flows

PV = FV / (1+i)^n

1) 15,000 13,392.86

2) 15,000 11,957.91

3) 15,000 10,676.70

4) 15,000 9,532.77

5) 15,000 8,511.40

6) 15,000 7,599.47

7) 15,000 6,785.24

8) 30,000 12,116.50

9) 25,000 9,015.25

10) 10,000 3,219.73

Present Value of series of payments 92,807.83

2. A second company has offered ABC Corporation a payment of Rs.30,000 now and another final payment of Rs.80,000 at the end of year 3 for the rights to market the products. Which offer should ABC Corporation accept?

Year Cash Flows Present Value of Cash Flows

PV = FV / (1+i) ^n

1) 30,000 30,000.00 (As this payment was made immediately, therefore carries no interest)

3) 80,000 56,942.42

Present Value of series of payments 86,942.42

ABC corporation must accept the proposal whose Present Value of Series of Payment is higher

i.e. 92,807.83

Mgt402 Assignment No. 1 solution

Solution;

1)

Date	Received			Issued			Balance
	Gallons of material	Unit cost	amount	Gallons of material	Unit cost	amount	Gallons of material	Unit cost	amount
2008		Rs	Rs		Rs	Rs		Rs	Rs
MAR.1							250	5.00	1250
MAR.3	1200	10	12000				250 1200	5.00 10	1250 12000
MAR.7				250 400 650	5.00 10	1250 4000	800	10	8000
MAR13	150	10	1500				150 800	10 10	1500 8000
				80	10	800	70 800	10 10	700 8000
MAR29
MAR29							870	10	8700

CLOSING INVENTORY ACCORDING TO FIFO IS Rs. 8700.

2.

Rs.

Opening Inventory =250*5=1250

ADD. Net Purchases = (1200*10)-(80*10)

=12000-800

=11200

Material Available for use =1250+11200=12450

Less closing inventory =12450-8700

Direct Material Consumed =3750

Add Direct Labor Cost =3750+9325

Prime Cost =13075

Add FOH =13075*(1000*6)

Total Factory Cost =19075

Cost of goods to be manufactured =19075

Less Closing WIP =19075-2450

Cost of Goods Manufactured =16625

Cost of Goods to be sold =16625

Less Closing Finished Goods =16625-4530

Cost of Goods Sold At Normal =12095

Add Under Applied FOH =12095+1500

Cost of Goods Sold At Actual =13595

SUPPORTING CALCULATION

Actual FOH =7500

Applied FOH =6000

Under Applied FOH =1500