In a railway reservation office, two clerks are engaged in checking reservation forms. On an average, the first clerk (A1) checks 55% of the forms, while the second (A2) checks the remaining. While A1 has an error rate of 0.03, that of A2 is 0.02. A reservation form is selected at random from the total number of forms checked during a day and is discovered to have an error. Find the probabilities that it was checked by A1 and A2, respectively.
See Answer →What is Human Resource Accounting? How it is used as management decision tool.
See Answer →Explain the various Financial Statements. Which are parts of the Annual Report. How can Notes to the accounts help in better understanding of financial statements?
See Answer →Cash and Cash equivalents
See Answer →Dual Aspect Concept
See Answer →Accrual Concept
See Answer →Business Entity Concept
See Answer →XYZ Ltd. Is currently working at 50% capacity and produces 10,000 units. At 60% capacity raw material cost increased by 2% and selling price falls by 2 percent. At 8% capacity raw material cost increased by 5% and selling price falls by 5%. At 50% capacity the product costs Rs. 180 per unit and is sold at Rs. 200 per unit. The unit cost of Rs. 180 comprises the following.
| Particular | Rs. |
| Material | 100 |
| Wages | 30 |
| Factory overheads | 30 (40% fixed) |
| Administrative Overheads | 20 (50% fixed) |
Prepare a marginal cost statement showing the estimated profit of the business when it is operating at 60% and 80% of capacity.
See Answer → During the current year AB Ltd. Should a profit of Rs. 1,80,000 on a sale of Rs.
30,00,000. The various expenses were Rs. 21,00,000. You are required to calculate:
1. The break even sales at present.
2. The break even sales if variable cost increased by 55.
3. The break even sales to maintain the profit as at present, if the selling price is reduced
by 6 per cent.
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Discuss different skills required for the role of a change agent and the techniques for managing resistance to change.
See Answer →Explain different forms of intervention and describe and discuss any two types of intervention and their advantages and disadvantages with examples.
See Answer →Describe and discuss emerging forms of organisational structures and their merits and demerits.
See Answer →What are the key factors which need to be addressed for cultural change to occur in an organisation and explain how one can close the cultural gaps in an organisation with examples?
See Answer →Briefly describe and discuss the factors which triggers for change in an organisation, and explain how an organisation can create an environment for dealing with change?
See Answer →How does diversity play an important role for the organisation and explain how diversity can be managed with relevant examples.
See Answer →Write a comprehension on the growth of trade union movement and membership in India. Also indicate the current status of major trade unions of India.
See Answer →Explain the importance of organisational culture and discuss how does business ethics plays a Pivotal role for the organisation. Give examples.
See Answer →Why career planning is necessary for employees? Explain the conditions under which career planning can effective in organisations.
See Answer →Who is a transformational leader? Explain how transformational leader helps the organisation to be more effective and dynamic. Give examples.
See Answer →What is organisational stress? Explain how stress leads to Burnout. Describe different stages of burnout and its sources. Suggest measures to minmimise it.
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