VUNEW - SYED FAISAL BUKHARI

Friday, October 29, 2010

MGT411 GDB Idea Solution

As the world is getting in-depth knowledge of economics, some economic concepts are becoming more acceptable day by day. The concept of inflation is one of such concept which became popular during the last century. Two mostly used inflation measurement methods around the world are CPI (Consumer Price Index) and GDP (Gross Domestic Product) deflator. Now, one method is getting popularity in the world with the passage of time over the other method of measuring inflation.

You are required to comment on the major distinction between CPI index and GDP deflator and which method of inflation measurement has advantage over others and on what specific grounds?"

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Thursday, October 28, 2010

MGT503 Ass # 1 Idea Solution

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MGT402 Ass # 1 Idea Solution

Question:-

On March 01, 2008, FC Corporation had 250 gallons of material in store at Rs. 5.00 per gallon.

Following were the receipt and issues during March:

March 03: Purchased 1,200 gallons @ Rs. 10 per gallon.

March 07: Issued 650 gallons to job #2325

March 13: 150 gallons were returned to store room.

March 29: Returned to supplier 80 gallons which was purchased on March 3.

Additional Information:

During that period, factory worked for 1,000 direct labour hours. Direct labour was Rs. 9,325 and factory overhead applied rate is Rs. 6.00 per direct labour hour. Actual factory over head for that period was Rs. 7,500.

Following are the year end inventories:

Work in process Rs. 2,450

Finished goods Rs. 4,530

There were no beginning inventories for Work in process and finished goods.

Required:

1. Prepare Material Ledger Card under FIFO costing method. (10 Marks)

2. Prepare Cost of Goods Sold Statement under FIFO. (5 Marks)

Note: Cost of Goods Sold for the period is adjusted for under or over applied factory overhead.

Solution:-

SOLUTION ASSIGNMENT OF MGT402

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ENG101 Ass # 1 Idea Solution

Ans 1: Topic: Childhood - a gauge of one's future (or something along these lines).

Ans 2: Main Idea: The influences gained and traits developed during one's childhood are deciding factors of one's personality growth and future.

Healthy influences include a nurturing environment for the development of body, mind and soul of a child, thorough character building lessons, positive examples in a child's immediate atmosphere and other facilities of this sort which can enhance a child's personality, character and help him grow up as a well-grounded adult, free of any inherited ethical or moral weaknesses.

Q2: Fill in the blanks with the correct form of words. (5)

1. The child spoke ___________ about her trip to Disney land.
a) Energetically
b) Energy
c) Energize
d) Energetic

2. My class ___________ told me that I should study chemistry.
a) Advisable
b) Advise
c) Advice
d) Advisor

3. The student asked if he could have an __________ on his paper.
a) Extent
b) Extend
c) Extension
d) Extensive

4. I like _____________children books.
a) Illustrator
b) Illustration
c) Illustrate
d) Illustrated

5. The criminal had a very ___________ scar on his face.
a) Noticeable
b) Noticed
c) Notice
d) Noticeably

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MGT602 Ass # 1 Idea Solution

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)

Idea Solution:-

Shared By:- Ali Farooq

IDEA A:

I think ali should buy a company instead of initiating a new company because he does not have any experience of developing his own business and also he possesses a small amount of money and it is quite hard to initiate a business with small investment....

IDEA B...

As this business is concerned to the travelling and outing.... ali has experience of outing and travelling this is one of the biggest edge for him.... also this is the thing that made him convinced to do this business although he does not have any experience.....
another thing in this business is ....he can bring new trends and inovation to this business because he has a great experience and interest regarding this field

This is not a solution but a though that came to mind when i saw this question and according to me i think this can help us to give solution to this assignment

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MGT101 Ass # 1 Idea Solution

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Wednesday, October 27, 2010

ECO401 Ass # 1Idea Solution

(1)

P=8

Q(d)=850-15(p)

Q(s)=400+30(p)

Put price in q(d) and q(s)

Q(d) Q(s)

=850-15(p) =400+30(P)

=850-15(8) =400+30(8)

=850-120 =400+240

=730 =640

(2)

shortage production because Q(d) is high and Q(s)low is low eight is not equilibrium price

(3) Shortage will increase price

(B)

Equilibrium price

Q(d)=Q(s)

850-15(p)=400+30(p)

45p=450

p=450/45

p=10

Equilibrium price =10

Here demand and supply is equal

(C)

Equilibrium proved

Q(d)=Q(s)

850-15(p)=400+30(p)

850-15(10)=400+30(10)

850-150=400+300

700=700

(D)

Graphical

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MKT501 Ass # 1 Idea Solution

Idea Solution:-

1. What Competitive advantage of your organization can attract foreign customers?]

Know Your Competitors

Get information the other business firms involved in the same business and prepare your strategy accordingly

Collect information about the targeted customers

Customer’s information collection is the basis of analysis, which requires the collection method is scientific, accurate information, as detailed as possible. The first step is to organize customer information, according to the customer’s industry, size, demand

characteristics and other customers will be divided into several groups. The second is to fill in a form by marketing staff, met to discuss the characteristics of other means to collect customer information, such as demand characteristics, organizational

characteristics and so on. The third step is for some still unclear, select a representative survey of customers, asking. Collection activities to note are: the understanding of the situation must be objective, not by imagined to guess, to be accurately recorded and complete.

Product Differentiation

Improve the product itself by adding features, improving reliability, etc. Branding: marketing to make the product appear different to consumers

Product Advantages

With a certain product or service capacity, product or service, although not particularly outstanding advantages, but also to meet customer needs and has a broad application of the market.

Promote sales

When you have equip your product with strong qualities keeping in mind the actual demand of customers go for promotional activities to sale the product internationally

2) How do you evaluate the demand of foreign customers and satisfy

them?

Find the best customer groups

Find the best customer groups and according to its demand characteristics, improve the product, change the focus, choose the best distribution channels and marketing opportunities; according to their organizational characteristics, different roles were

persuaded to take a different strategy.
The timing of customer consumption

Different products or services at different times, the customers to buy time and frequency are different, only to find out its characteristics, can grasp the marketing initiative. Need to analyze: the customer what products or services on our time to buy? How long to buy one? A type of consumption of large customers?

Location of customer consumption

Customers purchase and use of products or services have an appropriate place, usually

used to find out where customers buy our products? What can be the best selling place?

Where customers use our products? Whether our products can also be used to expand the space? Thus we can find the ideal sales channel and product applications.

How to Satisfy?

Provide product information to the customers

Help to identify potential problem before it occurs

Provide user friendly customer complaint registration

Have prompt complaint handling system

Provide fast back up service

Provide quick correcting service

Provide close mechanism on customer point of interaction

Keep environment clean neat and fair

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MGT211 Assignment # 1 Solution

“Scope of Business Organization”

Mr. Akram is working as Management Training Officer Grade II in Habib Bank Limited. He has joined the bank two months ago against a contract of 5 years. The terms of this contract states that if he resigns from this post before 5 years then he is required to refund a sum of Rs. 500,000 and all the training fees. His father Ansar Ali is running an auto workshop from the last 40 years. One day his father faces an accident and dies. Being the only son of his father, he is the legal heir of his father property. Now he has the entire responsibility of managing and handling his father business. He cannot resign from the job because of the legal contract between him and the bank. He does not want to windup/close his father business because his father has spent his entire life in setting up this business and has secured a strong Goodwill. On the other hand he does not possess the knowledge and technical expertise of running this business. So now he is feeling helpless. He discusses this problem with his friend Ajmal who is assisting his brother in running an auto workshop and possess technical expertise and knowledge in running it. Ajmal hears the entire problem and suggests a solution for it. He offers himself to render services in running Akram’s business. Furthermore he will invest in Akram’s business. Ajmal claims a share in profit for taking an active participation and for investing in the business. Akram agrees on this solution. Now Akram can continue doing his job and Ajmal will run the business.

Questions

1) What was the original form of business?

2) What form of business will be created between Mr. Akram and Mr. Ajmal?

3) What will be the Akram’s Status in this business?

4) What will be the Ajmal’s status in this business?

5) How Mr. Akram will benefit from this form of business?

Introduction to Business

Assignment # 01

1) What was the original form of business?

Answer: The original form of business was sole proprietorship, because Akram’s father was only one owner of the business. Therefore, where there is only one owner of a business, that business is known as Sole Proprietorship.

2) What form of business will be created between Mr. Akram and Mr. Ajmal?

Answer: The form of business between Mr. Akram and Mr. Ajmal will be partnership, because now there are two partners who are running business. A business in which two or more than two persons agreed to run a business is known as partnership and the owner of business will be the partners.

3) What will be the Akram’s Status in this business?

Answer: Akram will be the partner, and his status is as owner of business.

4) What will be the Ajmal’s status in this business?

Answer: Ajmal will be the partner as well, and his status is also as the owner of business.

5) How Mr. Akram will benefit from this form of business?

Answer: Both partners are agreed to share their profit in some agreed ratio between them. So, Akram is able to continue his job in Habib Bank, and as well as he will also get a share of profit from the business which is being run by Ajmal. Mr. Akram has only invested in the business and all the business is being handled by Mr. Ajmal, but profit will be shared among both.

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Tuesday, October 26, 2010

MTH101 Assignment # 1 Solution

Question 1; Marks:10

Solve the two sided inequality and show the solution on real line

7 < 1-2x ≤ 10

Step 1: subtract 1 from both sides and we get

6<-2x<9

Step2: divide by -2 on both sides and we get

-3>x>-5

(note: symbols are reversed with a negative operation)

So x can have a value between -3 and or equal to -5

ß--|---|-----|-----|----|---0--------------------------------à

-5 -4 -3 -2 -1

Question 2; Marks: 10

Given two functions as:

f(x) =

and g(x) =

Find fog(x) also find the domain of f, g and fog

Solution:

Fog(x)=f(g(x))

fog(x)=(g(x))²-(g(x))-1

fog(x)=(3/x)²-(3/x)-1

fog(x)=(9/x²)-3/x-1

fog(x)= -(x²-3x+9)/x²

(note: domain and ranges are to be found out yourselves, listen to lecture No. 6 for this)

Question 3; Marks:10

Simplify, then apply the rules of limit to evaluate

Solution:

Lim(x->3) x(x²-5x+6) / x²-3²

Lim(x->3) x(x²-3x-2x+6) / (x-3)(x+3)

Lim(x->3) x(x(x-3)-2(x-3)) / (x-3)(x+3)

Lim(x->3) x((x-3)(x-2)) / (x-3)(x+3)

Lim(x->3) x(x-2) /(x+3)

Now applying limits lim x->3

=3(3-2)/3+3

=3(1)/6

=3/6

=½

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STA301 Current Quiz

Quiz Start Time: 05:01 PM

Time Left 81

sec(s)

Question # 1 of 10 ( Start time: 05:01:05 PM ) Total Marks: 1

What type of data is collected in population census?

Select correct option:

Two Types

Quiz Start Time: 05:01 PM Time Left 77

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Question # 2 of 10 ( Start time: 05:04:05 PM ) Total Marks: 1

The collection of all outcomes for an experiment is called

Select correct option:

a sample space

the intersection of events

joint probability

population

Quiz Start Time: 05:01 PM Time Left 75

sec(s)

Question # 3 of 10 ( Start time: 05:04:51 PM ) Total Marks: 1

Which of the graph is used for a time series data:

Select correct option:

Frequency curve

Frequency polygon

Historigram

Histogram ( not sure)

Quiz Start Time: 05:01 PM Time Left 47

sec(s)

Question # 4 of 10 ( Start time: 05:06:06 PM ) Total Marks: 1

A histogram is consists of a set of adjacent rectangles whose bases are marked off by:

Select correct option:

Class boundaries

Class limits

Class frequency

Class marks

Quiz Start Time: 05:01 PM Time Left 72

sec(s)

Question # 5 of 10 ( Start time: 05:06:56 PM ) Total Marks: 1

The value that has half of the observations above it and half the observations below it is known as:

Select correct option:

Mean

Median

Mode

Standard deviation

Quiz Start Time: 05:01 PM Time Left 57

sec(s)

Question # 6 of 10 ( Start time: 05:07:24 PM ) Total Marks: 1

The height of a student is 60 inches. This is an example of ...........?

Select correct option:

Continuous data

Qualitative data

Categorical data

Discrete data

Quiz Start Time: 05:01 PM Time Left 47

sec(s)

Question # 7 of 10 ( Start time: 05:08:06 PM ) Total Marks: 1

Range of the values -2,-3,-4,-3,-9,-2,-8,-1,0 is

Select correct option:

-9

Quiz Start Time: 05:01 PM Time Left 70

sec(s)

Question # 8 of 10 ( Start time: 05:09:26 PM ) Total Marks: 1

If the both tails of the distribution are equal, then distribution is called:

Select correct option:

J-shaped

Symmetrical

Positively Skewed

Negatively Skewed

Quiz Start Time: 05:01 PM Time Left 41

sec(s)

Question # 9 of 10 ( Start time: 05:09:54 PM ) Total Marks: 1

Ranking scale also include the properties of which scale?

Select correct option:

Nominal scale

Interval scale

Ratio scale

All of these

Quiz Start Time: 05:01 PM Time Left 31

sec(s)

Question # 10 of 10 ( Start time: 05:10:56 PM ) Total Marks: 1

Range of the values -2.50,-3.70,-4.80,-3.10,-9.70,-2.20,-8.90,-1.60, 0.60 is

Select correct option:

10.03

10.30

9.10

9.00

ISL201 Assignment Solution

The Doctrine of Tauheed “Oneness of Allah” is the very basic dogma of Islam. It means belief in oneness of Allah as He is the solitary Creator of the whole universe, everything belongs to Allah, that there is no one but Allah, no one like Him, or opposite Him, or equal to Him. You have to describe in detail how this doctrine of Tauheed “Oneness of Allah” effects on human life?

Solution:-

When an individual pronounces the testimony: "Ash-hadu allaa ilaaha illallaah wa ash-hadu anna Muhammadar- Rasullullaah" (I testify that there is no god worthy of worship except Allaah and I testify that Muhammad is His Messenger), believing in it and acting upon it, he experiences a noticeable change in his life.

By understanding who his Lord is as well as the purpose of his creation, he will be able to achieve success in this life and the next. This success emanates from the following points:

1- A believer in this testimony can never be narrow in outlook. He believes in Allaah, Who is the Creator of the heavens and the earth, the Master of the universe and its Sustainer. After this belief, he does not regard anything in the world as a stranger to himself. He looks on everything in the universe as belonging to the same Lord he himself belongs to. Allaah Almighty Says (what means): "Say (O Muhammad): 'To whom belongs all that is in the heavens and on earth?' Say: 'To Allaah.'" [Quran 6:12]

His sympathy, love and service are not confined to any particular sphere or group. His vision is broadened, his intellectual horizon widens, and his outlook becomes as liberal and as boundless as is the Kingdom of Allaah. How can this width of vision and breadth of mind be achieved by an atheist, a polytheist or one who believes in a deity supposed to possess limited and defective powers like a man?

2- This belief produces in man the highest degree of self-respect and self esteem. The believer knows that Allaah Alone is the Possessor of all power, and that none besides Him can benefit or harm a person, or provide for his needs, or give and take away life or wield authority or influence. This conviction makes him indifferent to, independent on, and fearless of all powers other than those of Allaah. He never bows his head in homage to any of Allaah's creatures, nor does he stretch out his hand before anyone else. He is not overawed by anybody's greatness. This attitude of mind cannot be produced by any other belief.

3- Along with self-respect, this belief also generates in man a sense of modesty and humbleness. It makes him unostentatious and unpretending. A believer never becomes proud, haughty or arrogant. The boisterous pride of power, wealth and worth can have no room in his heart, because he knows that whatever he possesses has been given to him by Allaah, and that Allaah can take away just as He can give. In contrast to this, an unbeliever, when he achieves some worldly merit, becomes proud and conceited because he believes that his merit is due to his own worth. In the same way, pride and self-conceit are a necessary outcomes and concomitants of 'Shirk' (association of others with Allaah in worship), because a polytheist believes that he has a particular relation with deities, which does not exist between them and other people.

4- This belief makes man virtuous and upright. He has the conviction that there is no other means of success and salvation for him except purity of soul and righteousness of behavior. He has perfect faith in Allaah Who is Above all needs, is related to none and is absolutely Just. This belief creates in him the consciousness that unless he lives rightly and acts justly, he cannot succeed. No influence or underhand activity can save him from ruin.

As to those who do not believe that there is any Being having power over them, to whom they should be responsible for their good or bad actions; therefore, they consider themselves independent to act in whatever way they like. Their own fancies become their gods and they live like slaves of their wishes and desires. Allaah states in the Quran (what means): "Have you seen he who has taken as his god his [own] desire, and Allaah, knowing (him as such), left him astray, and has set a seal upon his hearing and his heart, and put over his vision a veil? So who will guide him after Allaah? Will you not then remember?" [Quran 45:23]

5- The believer never becomes despondent. He has a firm faith in Allaah Who is The Master of all the treasures of the earth and the heavens, Whose grace and bounty have no limit and Whose power is infinite. This faith imparts to his heart extraordinary consolation, fills it with satisfaction and keeps it filled with hope. Although he may be met with rejection from all sides in this world, faith in and dependence on Allaah never leave him, and on that strength he goes on struggling. Such profound confidence can result from no other belief than belief in Allaah Alone.

Atheists have small hearts; in the sense that they depend on limited abilities; therefore, in times of trouble they are soon overwhelmed by despair and, frequently, they commit suicide.

The testimony of Prof. Joad is also very explicit on this point. He writes about the West: "For the first time in history there is coming to maturity a generation of men and women who have no religion, and feel no need for one. They are content to ignore it. Also they are very unhappy, and the suicide rate is abnormally high." [C. E. M. Joad. The Present and Future of Religion, quoted by Sir Arnold Lunn., And Yet So New, London, 1958, p. 228]

As to the world of Islam, let the views of a non-Muslim historian, not in any way being sympathetic to Islam, be read with profit:

"In this uncompromising monotheism, with its simple and enthusiastic faith in the supreme rule of a transcendent being, lies the chief strength of Islam. Its adherents enjoy a consciousness of contentment and resignation unknown among followers of most creeds." [Suicide Is Rare in Muslim Lands] (Phillip K. Hitti, History of the Arabs, 1951, p.129)

6- This testimony of faith inspires bravery in man. There are two things which make a man cowardly: (a) fear of death and love of safety, and (b) the idea that there is someone else besides Allaah who can take away life, and that man- by adopting certain devices- can ward off death. Belief in 'Laa ilaaha illallaah'' blocks and drives away both these ideas. The first idea goes out of his mind because he knows that his life and his property and everything else really belong to Allaah, and he becomes ready to sacrifice his all for the pleasure of Allaah. He gets rid of the second idea because he knows that no weapon, no man or animal has the power of taking away his life; Allaah alone has the power to do so. A time has been ordained for him, and all the forces of the world combined cannot take away anyone's life before that time.

It is for this reason that no one is braver than the one who has faith in Allaah. Nothing can daunt him: not even the strongest tempest of adversity and the mightiest of armies.

7- The belief in 'Laa ilaaha illallaah' creates an attitude of peace and contentment, purges the mind of jealousy, envy and greed, and keeps away the temptations of resorting to base and unfair means for achieving success. The believer understands that wealth is in Allaah's hands, and He apportions it out as He Wills; that honor, power, reputation and authority - everything - is also subjected to His Will, and He bestows them as He Wills; and that man's duty is only to endeavor and to struggle fairly.

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