Virtual University Solved Assignments Online Quiz Past Papers GDB VUsolutions VU solutions

Question 1:

Basic Salary of John is 2000$ per month. According to his job contract his allowances are some percentage of basic salary whereas other benefits are percentage of Gross Salary. Details of his benefits are as follows. What percent of Basic/Gross salary are these benefits? (Show the calculations).
Marks 10

BENEFITS $ Percent of Basic/Gross Salary
House Rent 900 House Rent = 45 %= 0.45*2000 = 900
Utilities Allowance 200 Utilities allowance = 2.5 %= 0.025*2000=50
Medical/Group insurance 155 insurance/medical=5% = 0.05*2000 = 100
Miscellaneous Social Charges 186 Misc. Social Charges=5.8% =0.058*2000=116


Question 2:
The price of oil decreased from $76 per barrel to $70 per barrel. What is the percentage change in oil prices?
Solution:
Change = Final value – initial value
// = 76 – 70
//= 6
Percentage change = (Change / initial value) x 100%
Initial value =76$
Final value = 70$
Change = 6
% Change = (6/76) x 100 = 7.8947%
Marks 5

Question 3:
Suppose you took loan from a bank of amount 800£ at 8% interest compounded semi-annually for three years. Find the compound interest.
Solution:
S = Money accrued after n years also called compound amount = ?
P = Principal= 800
r = Rate of interest= 8% = 0.08
n = Number of periods = 3*2= 6 years (Semi annually)
S = P(1 + r/2)^ n
Compound interest = S - P
S= P(1+0.08/2)^3*2
S= 800(1+0.04)^6
S=1012.255 Rs
Compound interest = S - P
Compound interest = 1012.255 – 800 = 212.255 Rs
Marks 5
Question 4:
Calculate the Accumulated Value if you deposit 500Rs at the end of each year for the next 3 years? Assume an interest of 8% compounded annually.

Solution:

Accumulated value of n period = payment per period × accumulation factor for n Periods
Accumulated value of n period = C × [(1+i)^n – 1]/i

C = Cash flow per period = 500
i = interest rate = 8% = 0.08
n = number of payments = 3

= C* [(1+i)^n – 1]/i
= 500* [(1+0.08)^3 – 1]/0.08
= 500* [(1.08)^3 – 1]/0.08
= 500* [1.259712 – 1]/0.08
= 500* [0.259712]/0.08
= 500* 3.2464
=1623.2

Accumulated value of n period = 500 × 3.2464
Accumulated value of n period = 1623.2


Marks 5

Question

"Discuss the role of leader in traditional organization and dynamic organization"

Solution:

Role of leader in traditional organization:-
The leadership role in traditional organizations includes leading others toward the attainment of an outcome, or realization of a vision of direct value to usually a third party someone other than either the leader or the followers. This type of leadership has become a profession and data copy from v and u new site say an important requisite for executives to succeed in their roles as managers in traditional organization. This leadership is like leadership in war, it is a war of competition that is fought in the market place using products, Technologies, Services and distribution channels as weapons.

Role of leader in dynamic organization:-

In Dynamic Organizations an endless source of practical insights and ideas where leaders are a line executive responsible for organizational performance or a human resources professional providing expert advice. Leaders must cooperate with their subordinates and provide them necessary informations regarding to projects. And making every necessary effort to make their organization strong to handle every type of danger. So, making their organization strong from insight is also important. And role of leaders will make this possible.The role of leader within organization is not complete just to convey their orders but also their participation is important Leader Behavior In the dynamic organization, the leader contributes to performance and satisfaction to a greater extent than in the hierarchical organization because in the dynamic organization the work is not so preplanned