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Mgt602 Assignment No. 2 Announcement

Monday, January 03, 2011 Posted In Edit This
Assignment 02
Dated: Jan 03, 11

Semester “Fall 2010”  “Entrepreneureship (MGT602)”

This is to inform that next Assignment (covering video lecture no. 1 to lecture no 30) will be uploaded on VULMS according to the following schedule

Schedule

Opening Date and Time
January 05, 2011 At 12:01 A.M. (Mid-Night)

Closing Date and Time
January 10, 2011 At 11:59 P.M. (Mid-Night)

Note: Only in the case of Assignment, 24 Hrs extra / grace period after the above mentioned due date is usually available to overcome uploading difficulties which may be faced by the students on last date. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.

Important:
1. For acquiring the relevant knowledge, do not rely only on handouts but watch the course video lectures, which can be downloaded for free from Online VU Lectures, and also use other reference books.

Mgt501 Assignment No. 2 Solution

Monday, January 03, 2011 Posted In Edit This

Most of the practices of the Human Resource Management are interlinked and have a profound impact on one another. The prosperity of organizations rests upon the skills of its employees. If an organization wants to prosper, it needs to take into account the existing skills of the employees and take measures to get them match with the needs of the technology. While investing in employees, the organization actually invests in it’s self. Or the development of organization is subject to the investment in its employees. 


Elaborate how the investigation of skills and investment in employees can lead to the development of the organization. Word limit: 500 words

................
SOLUTION:

As mentioned in statement the prosperity of and organization is directly proportional to its skilled employees

Technological change is so rapidly that individual may have to change their skill 3 or 4 times during career.

A recent research made us to clear that ‘’unfortunately mostly available workers are too unskilled to match with job requirements’’

Even now many companies complain that supply of skilled labour is dwindling and they must provide the worker with basic training to make shortcomings of public education system

To rectify these shortcoming companies currently spend large amount year on a wide varietyof training programs

First of all an operational analysis is conducted to identify the kinds of skill and behaviours required.

Trainin is given to those who need it. Assigning all employees to training is a wastage of organization resources.

Following sources are used to assess either there is need for training or not.
1- self assessment 2- company records 3- customer complaints 4- new technology 5- employee grievance 6- interviews with managers 7- customer satisfaction surveys 8- observation


benefits gained by investing for employees:

by investing for employees organization will get skilled employees. And the performance measurement will be positive after training.

Productivity will increase. Trained and skilled worker will show improved performance and its performance will be substantially better than that of unskilled.

Refrence:

POSTE TRAINING PERFORMANCE METHOD

PAGE#99

PRE-POST TRAINING PERFORMANCE WITH CONTROL ***** METHOD

PAGE#4

TO DEVELOP PEOPLE

GLOBALIZATION

PAGE#32

SKILL SHORTAGES AND RISE OF SERVICE SECTOR

PAGE#34

HUMAN RESOURCE MANAGEMENT

PAGE#58

Mgt301 Online Quiz No. 3

Monday, January 03, 2011 Posted In Edit This
Quiz # 3 Dated: Dec 30, 10

On-Line Quiz (No.03) Announcement

Quiz will cover video lecture no. 1 to 28

Schedule

Opening Date and Time
3rd January, 2011 At 12:01 AM (Mid-Night)

Closing Date and Time
6th January, 2011 At 11:59 PM (Mid-Night)

Mgt402 GDB

Monday, January 03, 2011 Posted In Edit This
Discussion Question

Raheem & Co uses process costing. Cost and additional information of first department for the month of December is given below: 
Units

Units in opening work in process 
(100% completed as per direct material and 65% completed with conversion cost)   200

Units put into process  11,800

Units completed & transferred out 6,800

Units loss- Abnormally 
(Completed 100% as par direct material and 50 % as par conversion cost) 1,800

Normal loss 700

Remaining units were still in process ?

Additional information: vCost incurred on opening work in process Direct Material Rs. 6,600, Direct Labor Rs. 4,500 and FOH Rs.2, 900. vCost incurred by the department (Direct material Rs. 33,400, Direct labor Rs. 18,500 and FOH Rs. 10,100) vThe still in process units were completed 100 % as per direct material and for conversion cost 20 % of Units were 40 % completed 30 % of Units were 20 % completed Balance of the Units was 30 % completed.
Required:

With the help of given data answer the following. [list=1] 
[*]What will be unit cost for Material under FIFO costing method? 
[*]What will be unit cost for Labour under FIFO costing method? 
[*]What will be unit cost for Factory overhead under FIFO costing method? 
[*]What will be equivalent production units for Material under FIFO costing method? 
NOTE: Working or calculations are not required for this particular GDB. Just provide your answer (Resulting Figures) according to requirement of question. Although calculations consider reasonable marks in assignments and papers but here in this GDB, calculations are not required so they would carry NO marks. Your answer should simply look like this: [list=1] 
[*]What will be unit cost for Material under FIFO costing method? XX 
[*]What will be unit cost for Labour under FIFO costing method? XX 
[*]What will be unit cost for Factory overhead under FIFO costing method? XX 
[*]What will be equivalent production units for Material under FIFO costing method? XX

Mgt201 GDB Solution

Monday, January 03, 2011 Posted In Edit This

“Discussion Question”


Given a risk-free rate of 8 percent and a market risk premium of 9.5 percent, based on the betas given in the following table:

Security    Beta
            0.95

B             1.25

1. Calculate required rate of return of each stock?
2. If Ahmed is a risk lover investor, he will prefer to invest in which stock?
3. As against it, Shahzad is a risk averse investor; he will prefer to invest in which stock?
..............

Solution:

Required rate of return for A
Rce = rRF + (rM – rRF) (beta)
Rce = 0.08 + (0.095 – 0.08)(0.95)
Rce = 0.08+(0.015)(0.95)
Rce = 0.08 + 0.01425
Rce = 0.09425 *100
Rce = 9.425%

Required rate of return for B
Rce = rRF + (rM – rRF) (beta)
Rce = 0.08 + (0.095 – 0.08)(1.25)
Rce = 0.08+(0.015)(1.25)
Rce = 0.08 + 0.01875
Rce = 0.09875 *100
Rce = 9.875%
.........
Market Premium is nothing but a kind of reward which is offered by the market for taking extra risk in the market for the participant. Market Premium is a difference of Expected Market Return and Risk-Free Rate .
Market Premium = Expected Market Return - Risk-Free Rate
Question#1 Answer
Required rate of return for A
Rce = rRF + (rM – rRF) (beta)
Rce = 0.08 + (0.095)(0.95)
Rce = 0.08+0.09025
Rce = 0.17025x100
Rce = 17.025%

Required rate of return for B
Rce = rRF + (rM – rRF) (beta)
Rce = 0.08 + (0.095)(1.25)
Rce = 0.08+0.11875
Rce = 0.19875x100
Rce = 19.875%

Q 2. Ahamad will invest in Stock B

Q.3  Shahzad will invest in Stock A

...............................
Solution 1:
Formula for ROR in CAPM is :
ROR = rRF + (rM – rRF) (beta)
In the case of stock ‘ A’

ROR = 0.08 + (0.095 – 0.08)(0.95)
ROR = 0.08+(0.015)(0.95)
ROR = 0.08 + 0.01425
ROR = 0.09425 *100
ROR = 9.425% Answer

In the case of stock ‘ B’

ROR = 0.08 + (0.095 – 0.08)(1.25)
ROR = 0.08+(0.015)(1.25)
ROR = 0.08 + 0.01875
ROR = 0.09875 *100
ROR = 9.875% Answer

Solution 2:
As Ahmad is a risk lover person he will prefer stock ‘B’ because it has higher beta i.e. 1.25 thus a higher risk.

Solution 3:
Although stock ‘B’ has a better ROR but being a risk averse person Shahzad will prefer Stock ‘A’ because it has lower beta rate thus a lower risk.

...........................

risk loving person will buy if OR > 1 or = 1, but he might also buy when OR is < 1.
The degree of risk aversion increases as your income level falls, due to diminishing marginal
utility of income.

As Ahmad is Risk Lover he will like to invest in Stock B because it has Beta More Than 1 as 1.25
..........
A risk averse person will not buy if OR < 1. He will also not buy if OR = 1. He might also not
decide to buy if OR > 1.

As Shahzad is risk averse so he will invest in Stock A because it has Beta Less Than 1 as 0.95
..........
Semester "Fall 2010"

"Financial Management (MGT201)"

This is to inform that Graded Discussion Board (GDB) has opened according to the following schedule


Schedule


Opening Date and Time 
January 03, 2011 At 12:01 A.M. (Mid-Night)

Closing Date and Time
January 05, 2011 At 11:59 P.M. (Mid-Night)

Note: No extra or bonus/grace period is available for attempting GBD.

Topic/Area for Discussion

"Capital Asset Pricing Model (CAPM)"

Note: The discussion question will be from the area/topic mentioned above. So start learning about the topic now.

Guidelines for Preparation:

For acquiring the relevant knowledge, do not rely only on handouts but watch the course video lectures, which can be downloaded free from Online VU Lectures, and also use other reference books.

Important Instructions:

1. The GDB will remain open for 72 hours

2. The GDB will open and close at above specified date and time. Please note that no grace day and extra time will be given for posting comments on GDB.

3. Use the font style "Times New Roman" and font size "12".

4. Your answer should not exceed 3-4 lines

5. Instructions will be given with the question. You are advised to follow those instructions strictly otherwise your marks can be deducted.

6. Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course.

7. Books, websites and other reading material may be consulted before posting your comments but copying or reproducing the text from books, websites and other reading materials is strictly prohibited. Such comments will be marked as Zero (0).

8. You should post your answer on the Graded Discussion Board (GDB), not on the Moderated Discussion Board (MDB). Both will run parallel to each other during the time specified above. Therefore, due care will be needed.

9. Obnoxious or ignoble answer should be strictly avoided.

10. You cannot participate in the discussion after the due date.

11. Questions / queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of the GDB.

12. For planning your semester activities in an organized manner, you are advised to view schedule of upcoming Assignments, Quizzes and GDBs in the overview tab of the course website on VU-LMS.


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