"System analysis is the analysis of the problem that the organization will try to solve with an information system". Explain the statement.

"Information is the processed form of statistical data". What is the things one need to keep in mind while processing the data?

Explain "an organization as a socio-technical system".

"Input output devices are used as a medium of communication between the external environment and the CPU". Elaborate the statement. Also name and explain any two output devices.

What do you understand by forecast control? What could be the various methods to ensure that the forecasting system is appropriate?

The weekly wages of 2000 workmen are normally distributed with mean wage of Rs. 70 and wage standard deviation of Rs 5. Estimate the number of workers whose weekly wages are

a) Between Rs 70 and Rs. 71,

b) More than Rs. 72

Coefficients of variation of two series are 75 percent and 90 percent, with standard deviations 15 and 18 respectively.

a) Obtain the mean of the two series.

b) Also comment which of the two is better represented by its mean.

Discuss the validity of the statement: "A secondary source is not as reliable as a primary source."

What factors in modern society contribute to the increasing importance of quantitative approach to management?

Peak Load Pricing

Total Product and Marginal Product

Cross Price Elasticity

Explain the difference between 'First- and Third-Degree Price Discrimination' giving examples.

Describe a Cartel. How is price fixed in a cartel?

In the long-run, there are no fixed cost functions (total or average) since no inputs are fixed. Explain how does this helps a producer in decision making.

Describe 'Demand Function' and explain the impact of price of complements and price of substitutes on demand function.

Explain the objectives of a firm. How is profit maximization the most important objective of a firm? Discuss.

Describe the competencies required for an effective change agent. Explain cognitive, technical, interpersonal, and personal effectiveness competencies with examples.

Describe the process of conducting organisational diagnostic interviews. Explain how interview data should be analysed and used for decision-making.

Define job design and explain its major purposes. Analyse the factors influencing effective job design, citing examples.