UPSC Mains 2016 Management Optional Paper II questions

46 questions from the Civil Services (Main) Examination 2016. Official UPSC paper (PDF) · All Management Optional PYQs

The probabilities of X, Y and Z becoming managers are;;: and; respectively. The probabilities that Bonus Scheme will be introduced if X, Y and Z become managers are at 5 and. respectively. What is the probability that Bonus Scheme will be introduced? And if Bonus Scheme has been introduced, what is the probability that the manager appointed was Y?
The two regression lines obtained from a certain data were Y =X +5 and 6X = - 94. Find the variance of X, if the variance of Y is 6. Also find the covariance between X and Y.
A multiple-choice quiz has 200 questions, each with four possible answers, of which only one is the correct answer. What is the probability that sheer guesswork yields from 25 to 30 correct answers for 80 of the —————~200 questions about which the student hasnoknowledge?
5 marks
A company manufactures two kinds of machines, each requiring different manufacturing techniques. The deluxe machine requires 18 hours of labour, 8 hours of testing and yields a profit of ~ 450. The standard machine requires 3 hours of labour, 4 hours of testing and yields a profit of = 250. There are 800 hours of labour and 600 hours of testing available each month. A marketing forecast has shown that the monthly demand for the standard machine is to be more than 150. Management wants to know the number of each model to be produced monthly that will maximize total profit. Formulate and solve this as a
What is MIS planning? Discuss with an example how it is linked with general business planning.
5 marks
Discuss the merits and demerits of online payment systems and the legal and ethical issues of online business.
5 marks
What is meant by cost of quality? Describe its components.
5 marks
Discuss the special characteristics of information as an important resource and show by means of a block diagram how information is processed in an order processing department in a fairly large organisation.
At carat feet &? A toy company is interested in balancing a production line that will manufacture an electronic football game to compete with the similar successful model of its rival. Tasks, task times and precedence requirements are given in the table below: Task Time(insec) Predecessors. A 40 None
Construct a sequence diagram. (ii) To halance the line with a 60 second cycle time, what is the theoretical minimum number of work stations required? A 7 hour day is worked. (iii) Balance the line taking 60 second cycle time. (iv) What is the efficiency of the line?
15 marks
A department store had forecast the sales of ¥ 1,10,000 for last week, The actual sales turned out to be = 1,25,000. Given a = 0-1, what is the forecast for this week? If sales this week turn out to be = 1,20,000, what is the forecast for the next week?
5 marks
Explain Waterfall approach to system development life cycle (SDLC). Discuss its strengths and weaknesses.
5 marks
A vote is to be taken among the residents of a town and the surrounding area to determine whether a proposed chemical plant should be constructed or not. The construction site is within the town limits and for this reason many voters of the surrounding area feel that the proposal will pass because of the large proportion of town voters who favour the construction. To determine if there is a significant difference in the proportion of town voters and surrounding area voters favouring the proposal, a poll is taken. If 120 of the 200 town voters favour the proposal and 240 of 500 surrounding area voters favour the proposal, would you agree that the proportion of town voters favouring the proposal is higher than that of the surrounding area voters? Use a 5% level of significance.
5 marks
Out of 200 boys, 75 are intelligent of which 40 have skilled fathers, while 85 of the unintelligent boys have unskilled fathers. Do these figures support the hypothesis that skilled fathers have intelligent boys? 5 (Use Chi-square values 3-841, 5-991, 7-815 and 9-488 for degrees of freedom 1, 2, 3 and 4 respectively.)
The daily demand for a component assembly item is normally distributed with a mean of 120 and standard deviation of 15. Furthermore, the source of supply is reliable and maintains a constant lead time of 4 days. If the cost of placing the order is = 45 and the annual carrying cost is = 0-75/unit, find out the economic order quantity and the reorder point to provide a 95% service level. The firm operates 5 days/week, 52 weeks/year.
10 marks
Ranbaxy Ltd. is deciding to invest = 10 crore in research for development of medicines to cure HIV/AIDS. Can you term it as a "project"? Justify.
5 marks
A firm is planning to develop and market a new drug. The cost of extensive research to develop the drug has been estimated at = 1,00,000. The manager of the research program has found that there is a 60% chance that the drug will be developed successfully. The market potential has been assessed as follows: 15 Market Potential Probability PV of Profit (=) Large Market 0-1 50,000 Moderate Market 0-6 25,000 Low Market 0:3 10,000 The present value (PV) figures do not include the cost of research. While the firm is considering this proposal, a second proposal, almost similar, comes up for consideration. The second one also requires an investment of = 1,00,000, but the PV of all profit is ¥ 12,000. Of course the return on investment in the second proposal is certain. Recommend, by applying appropriate decision criteria, what decision should the firm take regarding the investment of = 1,00,000?
Discuss the use of M-commerce to achieve competitive advantage for an organisation in the context of web-based marketing. Also discuss the limitations of E-commerce.
If a random variable x follows a Poisson distribution such that Prob (x = ) = Prob (x = 2), find the mean and variance. Also find Prob (x = 0).
What is meant by Database Normalization? Describe INF, 2NF and 3NF.
Discuss some of the important pre-requisites for successful e-governance. Explain how can e-government improve citizen participation in public affairs.
What is statistical process control? How is it different from acceptance sampling? When is a process said to be out of control? How can control-charts be of use in identifying out of control process? Explain.
What is the role of a 'Firewall'? Discuss the relative merits of developing firewalls—in-house—or—buying—a—commercial—firewall — software?
15 marks
Given the following product structure of A; explode, offset and determine the gross and net requirements. All lead times (LT) are in weeks and the quantities required are shown in parentheses. The MPS calls for 700 units of product A, to be delivered in week 12. The company has in hand 300 units of each of the components C and E. Uetermine the order release data for all necessary orders.
10 marks
Explain the key difference between DBMS and RDBMS. Name the software products which are both DBMS and RDBMS compliant.
10 marks
Describe the value chain of e-commerce and the procedures for implementing e-commerce. How would you start performing the industry analysis for a small business that wants to launch an e-commerce project? Explain.
10 marks
In International Trade Theory, how is "Theory of Absolute Advantage' different from "Theory of Comparative Advantage'? Which of these is more preferred?
10 marks
What do you understand by 'Corporate policy'? How is it different from 'Business policy'?
10 marks
Discuss the role of the State in business activities.
10 marks
Distinguish between "Strategic alliance" and "Joint venture". What factors should be considered in choosing a co-venturer?
10 marks
Explain the various provisions of Information Technology Act, 2000 relating to appointment, term of office, salary, resignation and removal of the residing Officer of the Cyber Appellate Tribunal.
10 marks
What is Environmental Threat and Opportunity Profile? How is it prepared? Illustrate with an example.
20 marks
Explain concentric diversification and horizontal diversification citing recent examples from the Indian corporate world.
10 marks
Do you think hostile takeovers are unethical? Why or why not?
5 marks
Explain the legal formalities and procedures to become an exporter.
15 marks
Describe how Michael Porter's 'Five Forces Model' helps in analysing a firm's competitive advantage. Also describe the weaknesses of this model.
20 marks
Critically evaluate India's Foreign Trade Policy and trends in recent years.
Do you think the 'Make in India' call can bring in changes?
20 marks
Maruti-Suzuki had started operations in Haryana. Due to a variety of reasons it shifted its expansion activities by setting up a plant in Mehsana, Gujarat. Explain how each of the following resources within the company might influence its overall strategy: 5+5=10 (i) Financial Resources (ii) Human Resource Planning
Critically evaluate the EXIM policy of India and state the key objectives of the Export-Import policy.
10 marks
How does the governance system affect firm performance and competitive advantage? How do powerful shareholders exacerbate 3 the agency problem?
10 marks
How does the management strategy of multinational companies differ. from that of national companies? Explain.
10 marks
Explain the Export Credit Delivery System in India.
10 marks
Discuss the Global trends in FDI. 10. Standard Normal Probabilities Table entry Table entry for z is the area under the standard normal curve: to the left of z.
Standard Normal Probabilities Table entry. Table entry for z is the area under the standard normal curve
Confidence Level

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