Management Answers

Define Selection Process in HRM

Explain in detail the various types of plant layout concepts that area available in operations management. Give examples on where each of these types can be employed respectively. Briefly explain a layout applicable for a Retail store format, highlighting the good points and bottlenecks, if any

 List down briefly the various inventory management techniques prevalent in the industry. Discuss how some of these techniques would be applicable to an Automobile Service Shop in effective management of their inventories; i.e Spares, Consumables, etc (assume several inventories of your choice).

. You want to buy a car, and a local bank will lend you Br. 20,000. The loan would be fully amortized over 5 years (60 months), and the nominal interest rate would be 12%, with interest paid monthly. What is the monthly loan payment? What is the loan’s EAR%? 

Assume you have been invited to speak on a forum covering major types of media. The participants attending the seminar are under graduate media students. You have decided to cover all major types of media with minimum two advantages and disadvantages of each type of media. Write the above content that you plan to speak in the forum with examples

A restaurant chain is planning to open up a new mid sized multi cuisine restaurant. Considering their expertise and knowledge in the food and beverages services, they are confident of getting into the new restaurant operation. You are required to suggest the team on the following points:

1. Suggest a site location for the restaurant, assuming it to be Metro city (you can assume a city of your choice). Give your reasons for the same
2. What strategy would the restaurant adopt for an Aggregate Operation Plan of resources given a time frame of a year?

The following are the Balance Sheets of M/s.Virat Traders for the year 2016

and 2017, Discuss the Financial Position of the Company in Two years with

the help of Common Size Balance Sheet.

Balance Sheet as at 31st December

Liabilities 2016 2017 Assets 2016 2017 Rs.

Share Capital 525000 575000 | Goodwill 85000 5000

Reserve 252000 252000 | Plant & Equipment 426000 413000

Surplus 175535 59070 | Patents 30000 24000

6% Debentures 125000 100000 | Investments 105000 25800

Accrued interest | Cash & Bank 170650 287000

On Debentures 3750 3000 | Sundry debtors 138760 153000Sundry Creditors 112000 142000 | Inventories 235800 287670

Dividends Payable 25000 | Prepaid expenses 3200 4600

Taxation Provision 8000 48000 | Debentures discount 6875 5000

---------- --------- | ----------- ----------

1201285 1205070 | 1201285 1205070

------------------------------------------------

a) The production costs of a factory are given as follows:

Rupees

Direct Wages 90,000

Direct Materials 1,20,000

Production Overheads: Fixed 40,000

Variable 60,000

During the forthcoming year it is anticipated that:

a) Average rate for direct labour remuneration will fall from Rs.0.90 per hour

to Rs.0.75 per hour.

b) Production efficiency will be reduced by 5%.

c) Price per unit of direct material and of other materials and services which

comprise overheads will remain unchanged.

d) Direct labour hours will increase by 33.33%. Draw up a budget.

1. When doing any type of financial analysis you are expected to look at the elements of corporate finance, assuming that you are a financial manager, how helpful are these elements for the purpose of a good financial sounding business

1.1. Identify and critically discuss the strategies implemented by Shoprite, including in your discussion the inherent risks relating to these strategies.