VUNEW - SYED FAISAL BUKHARI

Saturday, November 6, 2010

MGT613 GDB Solution Nov 2010

Total Marks
20 Starting Date
Thursday, November 04, 2010 Closing Date
Monday, November 08, 2010 Status Open Question/Description
Question: Given the weekly demand data, what are the exponential smoothing forecasts for periods 2-05 using a=0.10?
Week Demand 0.1 1 980 2 825 3 760 4 650 5
Note: Calculation along with the formula is required for each period's forecast. Students who give answers without calculation will be given low marks/no marks.

Solution:-

Formula for exponential smoothing:
1 1 1 ( ) t t t t F F a A F − − − = + −
Where
Ft = Forecast value for the coming time period
F t−1 = Forecast value in 1 past time period
At−1 = Actual occurrence in the 1 past time period
α = Alpha smoothing constant
Assume F1 =D1
F1 =980+(0.1)(980-980)=980
F2 =980+(0.1)(980-980)=980
F3 =980+(0.1)(825-980)=964.5
F4 =980+(0.1)(760-980)=958
F5=980+(0.1)(650-980)=947

Week Demand 0.1
1 980 980
2 825 980
3 760 964.5
4 650 958
5 947

Another Solution Example:-

lesson 9 k page 41 ko read out b kro or lecture b suno....it will surely help out u in solving this problem.actually yahan formula wrongly typed hai bt buk mein correct hai............chk it out!!!!len ap ko struggle b ni krni pari.. yehi book ka solution hai related to this gdb.

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MGT503 GDB Solution Nov 2010

Shared By:- Absar Alam

Mr. Ali is working as a manager in Global Inc for 15 years. He is successfully managing the Pakistan region. Once, Mr. Aftab Ahmed, CEO of the Global Inc visited Bangladesh and astonished to find out the investment opportunities and hence decided to expand his company to Bangladesh. Seeing the brilliance and competence of Mr. Ali, he appointed him managing director of Bangladesh region. With this new position, do you think Ali can universally apply the management concepts that he have learned? Give rationale.

Solution:

Mr Ali (its me :p) is working as MANAGER his post changes to MANAGING DIRECTOR coz MR.AFTAB AHMED SAHAB appointed him so wat i think managers are more likely concerned with the work directly and can show skills on the other hand Managing director controls managers .

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CS201 Solution

You are required to write a program which should take input from user in the form of characters A or B. Based upon user’s input you should calculate no. of A grades. You should use while loop or do/while loop for taking input and if / else condition for making decisions.

no error in this solution

#include
#include

using namespace std;

int main(int argc, char *argv[])
{

int a,b;
int student =1;
char grades;
cout<<"please enter Grade ('A' OR 'B' )" <
cin>>grades;

if (grades == 'A')
{
a=a+1;
student = student + 1;
}
else if (grades == 'B')
{
b=b+1;
student = student + 1;
}
else
cout<<"Please Enter 'A' or 'B' grade only!"<
if (a <= 2)
{
cout<<"Your class is Poor" << endl;
}
else if(a <= 7)
{
cout<<"Your class is Good" <

Please do make changes in these assignment otherwise every one who copy this assignment as it is will awarded zero marks

Friday, November 5, 2010

MGT603 GDB # 1 Solution

For ensuring success in business, top management applies different kind of strategies. Suppose if you are a CEO of any bank, what kind of strategies you may design for the better growth and success.
Your job is to only identify anyfour or fivesuccessful strategies for banks

Idea Solution:-

As a CEO my strategies are

A. Implementation and execution on company’s mission statement will be proffered.
B. Strong customer relationship management and reliable services for loyal customer.
C. Huge network of branches for the maximum profit and financial growth.
D. Research and development for better assess the market in competitive environment.
E. Strategic hiring for better performance and Good will.

Another Solution:-

Being a CEO of a bank, I would like to use these strategies to get competitive edge over my competitors;

• Price Leadership Strategy
• Flexibility
• Product or services differentiation
• Time to respond to customers and other changes
• Best possible use of IT & Information System Management
• Strong CRM Department
• Wide range of services to satisfy my customers
• I will try to be proactive rather than to be reactive
• Strong Marketing Department
• Well training Human Resources.

Please do make changes in these assignment otherwise every one who copy this assignment as it is will awarded zero marks

Wednesday, November 3, 2010

FIN623 GDB # 1 Nov 2010

Question/Description

A Pakistani company hires the services of an expatriate employee. The employee relocation costs to move to Pakistan are paid for by the company. Will the expatriate be required to pay tax on such costs? Give reason and also mention the relevant section.

Idea Solution:-

Section 51 Foreign-Source Income of Returning Expatriates

Page#23

1. Any foreign-source income derived by a citizen of Pakistan in a tax year who was not a resident individual in any of the four tax years preceding the tax year in which the individual became a resident shall be exempt from tax under this Ordinance in the tax year in which the individual became a resident individual and in the following tax year.

Interpretation

A person (expatriate) who come back to Pakistan any income that he derived included his salary will be wholly exempted in the ongoing tax year in which he comes back or become the resident , and for next year , condition that the person has never been the resident of Pakistan in any tax year since last 4 tax years .

Please do make changes in these assignment otherwise every one who copy this assignment as it is will awarded zero marks

MGMT625 Quiz # 1 Nov 2010

Question # 1 of 10 ( Start time: 09:19:56 PM ) Total Marks: 1

Which of these best describes restraining forces?

Select correct option:

Unfreezing

Negotiation

Refreezing

Resistance to change

Question # 2 of 10 ( Start time: 09:21:24 PM ) Total Marks: 1

Which of the following defines a learning that occurs when errors are detected and corrected and firms continue with their present policies and goals?

Select correct option:

Single-loop learning

Double-loop learning

Surface learning

Deep learning

Question # 3 of 10 ( Start time: 09:22:56 PM ) Total Marks: 1

Which of the following terms describes "the tendency of businesses, technologies, or philosophies to spread throughout the world"?

Select correct option:

Internationalization

*Globalization

Localization

Glocalization

Question # 4 of 10 ( Start time: 09:24:27 PM ) Total Marks: 1

Identify an approach in which the role of managers’ behavior is destructive rather than constructive.

Select correct option:

Expert system approach

*Devil’s advocate approach

Dialectical inquiry approach

External analysis approach

Question # 5 of 10 ( Start time: 09:25:19 PM ) Total Marks: 1

An approach in which an external consultant recommends a solution to organizational problems according to technical view point is known as:

Select correct option:

Expert system approach

Devil’s advocate approach

Dialectical inquiry approach

External analysis approach

Question # 6 of 10 ( Start time: 09:28:04 PM ) Total Marks: 1

Which of the following terms describes "selection of strategies from among alternative courses of action, both for the enterprise as a whole and for every department or section"?

Select correct option:

Planning

Organizing

Leading

Controlling

Question # 7 of 10 ( Start time: 09:29:33 PM ) Total Marks: 1

In which of the following year, Kurt Lewin Model was developed?

Select correct option:

1949

1950

1951

1952

Question # 8 of 10 ( Start time: 09:31:09 PM ) Total Marks: 1

In psychology the observation that people often do (or believe) things because many other people do (or believe) the same is known as:

Select correct option:

Band wagon effect

Benchmarking

Fashion

Trend setting

Question # 9 of 10 ( Start time: 09:32:45 PM ) Total Marks: 1

Identify an approach in which second group gives an alternate plan.

Select correct option:

Expert system approach

Devil’s advocate approach

*Dialectical inquiry approach

External analysis approach

Question # 10 of 10 ( Start time: 09:33:44 PM ) Total Marks: 1

When the new program gets merged with the existing processes, it refers to:

Select correct option:

Missionary phase

Modification phase

*Maturity phase

Declining phase

Announcement about Assignment and Quiz

Dear Students,
Due to some unavoidable circumstances, the LMS Website of Virtual University of Pakistan is not working properly, which is causing lot of trouble to the students who are trying to upload assignments. Therefore it has been decided that Assignment No.1 will be acceptable till 04-11-2010 sent on course e-mail id only if sent using VU e-mail ID.
Note: Put your assignment in mail for only one time, if multiple copies were found then it will not be considered for marking.

You can send your assignments at E-mail address

Furthermore this is also causing lot of trouble to the students who are trying to attempt the Quiz .Do not worry about the result of this Quiz No.1 and prepare for coming activities wholeheartedly

Please note that this quiz will not be counted as a graded activity and therefore has no affect on your grades.

Announcement about Extension in Assignment Due Date

Dear Students,

Due to some unavoidable circumstances, the LMS Website of Virtual University of Pakistan is not working properly, which is causing lot of trouble to the students who are trying to upload assignments. Therefore it has been decided that all assignments will be acceptable till 04-11-2010.

Tuesday, November 2, 2010

FIN621 Quiz # 1

Shared By: Hafiz Salman

Question # 1 of 15 ( Start time: 07:31:56 PM ) Total Marks: 1

Which of the following is not true about the “Account”?

Select correct option:

Accounts are only prepared by the business entities

Account always reflects the amount of the single transaction only

Account is effected both by economic and non economic events

All of the given options

Question # 2 of 15 ( Start time: 07:33:17 PM ) Total Marks: 1

Which of the following is NOT one of the three items required to be shown in the heading of a financial statement?

Select correct option:

The preparation date of the financial statement

The title of the financial statement

The unit of measure in the financial statement

The name of the business entity

Question # 3 of 15 ( Start time: 07:34:12 PM ) Total Marks: 1

End product of the accounting cycle is known as the__________

Select correct option:

Tax return

Financial statements

Auditor’s annual report

Annual general meeting

Question # 4 of 15 ( Start time: 07:34:38 PM ) Total Marks: 1

Which of the following is TRUE about both sides of the trial balance?

Select correct option:

Both sides are always positive

Both sides are negative

Both sides are equal

Both sides are not linked which each other

Question # 5 of 15 ( Start time: 07:35:12 PM ) Total Marks: 1

How would an increase in owner’s equity be recorded?

Select correct option:

Debit

Credit

No effect

Statement is wrong

Question # 6 of 15 ( Start time: 07:35:41 PM ) Total Marks: 1

Which of the following account would NOT be closed to the income summary account at the end of a period?

Select correct option:

Rent expense

Revenue earned

Wages expense

Accumulated depreciation

Question # 7 of 15 ( Start time: 07:36:14 PM ) Total Marks: 1

How many parts does each account have?

Select correct option:

Two

Four

Three

Five

Question # 8 of 15 ( Start time: 07:36:38 PM ) Total Marks: 1

Financial statements are a subset of which of the following?

Select correct option:

Financial reporting

Financial statement analysis

Accounting information

Accounting system

Question # 9 of 15 ( Start time: 07:37:10 PM ) Total Marks: 1

Which of the following principle is used for recording a revenue?

Select correct option:

Matching Principle

Cost Principle

Realization Principle

Objectivity Principle

Question # 10 of 15 ( Start time: 07:38:14 PM ) Total Marks: 1

Mr. A purchases a piece of land for cash and debit made to machinery account. What would be the effect of this error on the trial balance?

Select correct option:

Debit side would be decrease with the same amount

Credit side would be increase with the same amount

Total of the trial balance would be agree in all aspect

None of the given options

Question # 11 of 15 ( Start time: 07:39:33 PM ) Total Marks: 1

Accounting is called the “language of business” because__________:

Select correct option:

It communicates the financial information to the Management only

In order to run a business one must have knowledge about accounting

Different business accounts are involved in financial statements

It helps to organize and communicate financial information to end users

Question # 12 of 15 ( Start time: 07:40:18 PM ) Total Marks: 1

Which of the following is/are current asset?

Select correct option:

Rent paid for next six months

Cash at bank

Investments in stock market for two weeks

All of the given option

Question # 13 of 15 ( Start time: 07:41:03 PM ) Total Marks: 1

Which of the following is the third step of accounting cycle?

Select correct option:

Preparing financial statements

Preparing trial balance

Posting

Making adjusting entries

Question # 14 of 15 ( Start time: 07:42:30 PM ) Total Marks: 1

ABC Company has Rs. 150,000 cash, Rs. 80,000 as accounts receivables, Rs. 20,000 as allowance for doubtful accounts, Rs. 10,000 as work in progress inventory, Rs. 55,000 as prepaid expenses, Rs. 50,000 land purchased in the current year. Calculate the value of current assets.

Select correct option:

Rs. 275,000

Rs. 315,000

Rs. 365,000

Rs. 220,000

Question # 15 of 15 ( Start time: 07:43:54 PM ) Total Marks: 1

The definition of cash as used in “Cash Flow Statements” includes:

Select correct option:

Only cash balances

Only bank balances

Bank balances and bank overdrafts

Cash in hand plus bank balances less bank overdrafts

Make your Date Sheet – NOW

Make your Date Sheet – NOW
Fall 2010 Midterm Examinations

Note: You have to make your date sheet on or before: Tuesday, November-09 2010

INSTRUCTIONS

Logon using your VULMS ID and Password
(In case of any password related problem contact at password@vu.edu.pk)
Choose Your Exam City in which you want to appear for Exam (optional)
Choose your Exam Center out of the centers available to you
(Once selected, you can not change your Exam Center)
Select available exam date and start time of your own choice for each of your courses, then click “Confirm” button to confirm your selection. The dates/sessions once selected shall NOT be changed.
Repeat the Step-4 for all your remaining courses one by one.
Finally click the button at the bottom of the page to get Examination Password and print your Examination Slip which you MUST keep with you for entry in Examination Center on each of the Exam Dates
In case of any problem/query regarding date sheet, email your query at datesheet@vu.edu.pk

MGMT 628 Ass # 1 Solution

Semester “Fall 2010”

“Organizational Development (MGMT628)”

Assignment No. ---1------ Marks: --20--

“Nature Of Planned Change”

Scenario at iGrow Co.

iGrow Co. was an innovative software development company. It was recently acquired by

CompSol which is a business solution-oriented software development company. In order to

ensure smooth operations after the acquisition to provide unique business solutions, the top

management of CompSol decided to distribute part of its resources and costs so that the

newly acquired company would easily gel in. Top management at CompSol asked its

department managers to take feedback from their iGrow employees about their reaction to

the acquisition. Employees at iGrow were used to open communication necessary for

innovation, whereas employees at CompSol were used to providing basic business solutions

to its clientele. iGrow employees revealed a sense of tension as they felt more managers

would be added to their departments increasing hierarchical levels. They felt they would not

be able to get along properly with their “new” colleagues or bring forward innovative ideas

and that there might be reduction in their salaries.

REQUIREMENTS:

1. From the above scenario, identify which participative management style has been

exhibited by the CompSol managers (1 mark) by quoting 3 justifying reasons from

the scenario (in bullet form.1 mark for VALID reason) 4 marks

2. Next, use the following table to plan out the changes (in bullet form) that will be

required to make the acquisition run smoothly using Lewin’s Change Model. Use and

mention valid assumptions where necessary

Requirement No. 1

Managers of CompSol are using Exploitative Authoritative System. The reasons include:

Reason:

1 There communication is downward and there is no allowance for upward communication.

2. Employees are not involved/ consulted in decision making.

3. Due to authoritative system, workers/subordinates not comfortable about their job prospects due to lack of motivation for innovation.

Applying Lewin’s Model to iGrow and CompSol’s Change Effort

Levels

Individual

Unfreezing

• Firstly, efforts should be made to feel and realize the necessity and need for change.

• Secondly, this necessity may be transpired into all individuals both from iGrow and CompSol.

• Thirdly, individuals may be educated that change is not meant for destruction but for betterment.

• Fourthly, individuals may be allowed to weigh the merits of change and demerits remaining unchanged.

Movement

• Individuals may be allowed time to understand the change and work with it.

• Provide maximum possible support to individuals/ workers.

• Allow them to make mistakes and learn from those mistakes.

• Provide training and coaching to learn new ways of doing things.

Levels

Structures and Systems

Unfreezing

• Identify the need for bringing about a change in the existing structures and systems.

• Structures and systems should be analyzed to identify the pitfalls.

• Identify the pros of introducing change and cons of remaining stagnant to the present structures/ systems.

Movement

• Allow structures and systems to take their course.

• Newly proposed structures and systems may be allowed to accommodate uncertainty in their initial operations.

• Let the benefits of new structures and system be felt and realized.

• Provide continuous feedback without getting impatient.

• Requirement of the whole system.

.

Please do make changes in these assignment otherwise every one who copy this assignment as it is will awarded zero marks

Monday, November 1, 2010

FIN621 Quiz # 1 Nov 2010

Question # 1 of 15 ( Start time: 03:29:51 PM ) Total Marks: 1
Which of the following is the next step after the preparation of trial balance?
Select correct option:

1. Adjusted trial balance
2. Financial statements
3. Adjusting entries (page#14)
4. Closing entries

Question # 2 of 15 ( Start time: 03:30:22 PM ) Total Marks: 1
Which of the following is the third step of accounting cycle?
Select correct option:

1. Preparing financial statements
2. Preparing trial balance
3. Posting (page#4)
4. Making adjusting entries

Question # 3 of 15 ( Start time: 03:30:47 PM ) Total Marks: 1
Mr. A purchases a piece of land for cash and debit made to machinery account. What would be
the effect of this error on the trial balance?
Select correct option:

1. Debit side would be decrease with the same amount
2. Credit side would be increase with the same amount
3. Total of the trial balance would be agree in all aspect
4. None of the given options

Question # 4 of 15 ( Start time: 03:31:23 PM ) Total Marks: 1
Which of the following truly represents expenses?
Select correct option:

1. Future benefits
2. Past results
3. Cost of doing business
4. Past receipts

Question # 5 of 15 ( Start time: 03:32:03 PM ) Total Marks: 1
Which of the following is a special temporary account used to close all of the revenue and
expense accounts?
Select correct option:

1. Close-out Summary
2. Owner’s Capital (page#35)
3. Income Summary
4. Temporary Summary

Question # 6 of 15 ( Start time: 03:32:26 PM ) Total Marks: 1
Adjusting entries are used to:
Select correct option:

1. Bring account balances up to date at year end
2. Close temporary accounts at year end
3. Close permanent accounts at year end
4. Bring account balances at zero

Question # 7 of 15 ( Start time: 03:33:06 PM ) Total Marks: 1
Which of the following expenses would normally be classified as Other or Non Operating
Expense on a multiple-step income statement?
Select correct option:

1. Interest expense
2. Depreciation expense
3. Insurance expense
4. Salaries expense

Question # 8 of 15 ( Start time: 03:33:32 PM ) Total Marks: 1
The investments made by the business for ten years in a saving scheme will be classified
as:
Select correct option:

1. Fixed assets
2. Long term asset
3. Liquid asset
4. Bonds
Question # 9 of 15 ( Start time: 03:34:39 PM ) Total Marks: 1
The basic purpose of financial statements is to assist users in evaluating the________
Select correct option:

1. Financial position
2. Profitability of an organization
3. Future prospects

4. All of the given options

Question # 10 of 15 ( Start time: 03:35:01 PM ) Total Marks: 1
Which one of the following would lead to the decrease in the owner’s equity?
Select correct option:

1. Purchasing a piece of land
2. Paying dividends to shareholders
3. Purchasing equipment on account
4. Paying back the principal of a loan

Question # 11 of 15 ( Start time: 03:35:25 PM ) Total Marks: 1
There are five main kinds of current assets. Which of the following is NOT among them?
Select correct option:

1. Cash and equivalents
2. Deferred income
3. Accounts receivable
4. Prepaid expenses

Question # 12 of 15 ( Start time: 03:36:13 PM ) Total Marks: 1
Current assets are those assets which management intends to convert into cash or consume
within:
Select correct option:

1. The operating cycle
2. One year
3. The longer of operating cycle or one year
4. The shorter of operating cycle or one year

Question # 13 of 15 ( Start time: 03:36:51 PM ) Total Marks: 1
Which of the following is the first step of the accounting cycle?
Select correct option:

1. Making adjusting entries
2. Preparation of the financial statements
3. Posting in the ledger accounts
4. Analyze and journalize transactions as they occur (page#36)

Question # 14 of 15 ( Start time: 03:37:18 PM ) Total Marks: 1
Which of the following is TRUE about both sides of the trial balance?
Select correct option:

1. Both sides are always positive
2. Both sides are negative
3. Both sides are equal
4. Both sides are not linked which each other

Question # 15 of 15 ( Start time: 03:37:36 PM ) Total Marks: 1
Which of the following would represent a non-cash expense for the business?
Select correct option:

1. Cost of building
2. Cost of inventory
3. Cost of office equipment
4. Depreciation of building