Thanks to visit codestin.com
Credit goes to www.scribd.com

0% found this document useful (0 votes)
24 views16 pages

Finals

Finals

Uploaded by

shazmeen sadaf
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as ODT, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
24 views16 pages

Finals

Finals

Uploaded by

shazmeen sadaf
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as ODT, PDF, TXT or read online on Scribd
You are on page 1/ 16

IT Q.

Basic terminologies of RDBMS:

1.Database: A collection of related data organized in a structured format.

2. DBMS (Database Management System): Software that manages and


controls access to the database.

3. RDBMS (Relational Database Management System): A type of DBMS that


stores data in tables related by common fields.

4.Table:Represents a collection of related data entries organized in rows and


columns.

5. Row: A single record in a table containing data about a specific entity.

6.Column (Attribute): Represents a particular property or characteristic of an


entity stored in a table.

7.Primary Key:A unique identifier for each row in a table, used to enforce
entity integrity.

8.Foreign Key:A field in one table that refers to the primary key in another
table, establishing a relationship between them.

Q. Advantages of information technology in business:

1.Efficiency:Automation of tasks leads to increased productivity and reduced


time consumption.

2.Cost Reduction: Streamlining processes and reducing manual labor can


lower operational costs.

3.Improved Communication: IT facilitates faster and more effective


communication within and outside the organization.

4.Global Reach:Allows businesses to reach a broader audience and operate


across geographical boundaries.

5.Data Management: IT systems enable efficient storage, retrieval, and


analysis of vast amounts of data.

6.Competitive Advantage: Utilizing IT can lead to innovation, differentiation,


and staying ahead in the market.

7.Enhanced Decision Making:Access to real-time data and analytics supports


informed decision-making.
8.Customer Satisfaction: enables personalized services, quick responses,
and better customer experiences.

Q. E-SCM and Issues dealt by Supply Chain Management:

Electronic Supply Chain Management. The use of internet-based technologies


to enhance and streamline supply chain processes.

1.Inventory Management: Balancing inventory levels to meet demand


without excessive holding costs or stockouts.

2.Logistics:Efficient transportation and distribution of goods to minimize


costs and delivery times.

3.Supplier Management: Ensuring reliable and quality sources of raw


materials or products.

4.Demand Forecasting: Predicting customer demand accurately to optimize


production and inventory levels.

5. Risk Management: Identifying and mitigating risks such as disruptions in


supply, natural disasters, or geopolitical issues.

6. Sustainability: Addressing environmental concerns and adopting


sustainable practices throughout the supply chain.

7.Information Sharing: Collaboration and sharing of data among supply chain


partners to improve visibility and coordination.

Q. E-commerce (Electronic Commerce)*

E-commerce refers to the buying and selling of goods and services over the
internet, utilizing electronic transactions and digital technologies.

Advantages

1.Global Reach: E-commerce allows businesses to reach a global audience


without geographical limitations, expanding market reach and potential
customer base.

2.Convenience: Customers can shop anytime, anywhere, without the


constraints of physical store hours, leading to convenience and flexibility.
3. Cost Savings: E-commerce eliminates the need for physical storefronts,
reducing overhead costs such as rent, utilities, and staffing.

4. Increased Sales: The ability to target and personalize marketing efforts


can lead to increased sales and revenue.

Disadvantages

1.Security Concerns: E-commerce transactions are susceptible to security


breaches, such as hacking, data theft, and fraud, leading to risks for both
businesses and customers.

2. Lack of Personal Interaction: The absence of face-to-face interaction in e-


commerce transactions may lead to a lack of trust or dissatisfaction.

3.Digital Divide: Not all consumers have access to the internet or possess
the necessary digital literacy skills to engage in e-commerce transactions,
leading to a digital divide.

4.Return and Refund Challenges: Managing returns, refunds, and exchanges


in e-commerce can be costly, impacting profitability and customer
satisfaction.

Q.IMC features

- IMC is a strategic approach used by organizations to align and coordinate


their marketing communication efforts across various channels and
touchpoints.

Features include:

1. Consistency: Ensuring a unified message is conveyed across all


communication channels.
2. Coordination: Integrating various marketing communication tools to
deliver a cohesive message.
3. Customer-Centric: Focusing on the needs and preferences of the target
audience.
4. Synergy: Leveraging the combined effect of multiple communication
channels to enhance the overall impact.
5. Measurement: Monitoring and evaluating the effectiveness of
communication strategies to optimize results.
6. Flexibility: Adapting communication tactics based on changing market
dynamics and consumer behavior.
7. Long-Term Orientation: Building enduring relationships with customers
through consistent and meaningful communication.

Q. Promotional Tools for IMC:

1.Advertising: Paid communication through various media channels to


promote products or services.

2.Public Relations (PR): Managing relationships with the public, media, and
stakeholders to enhance brand reputation.

3.Sales Promotion: Short-term incentives or discounts to stimulate immediate


sales.

4.Direct Marketing: Direct communication with targeted individuals or


groups through channels like email, direct mail, or telemarketing.

5.Personal Selling 6. Content 7.digital 8.Event

Q. Different Types of IMC:

1.Horizontal Integration: Coordinating various communication functions


within the organization, such as advertising, PR, and sales promotion.

2.Vertical Integration: Aligning communication efforts across different levels


of the organization, from corporate messaging to local promotions.

4.External Integration: Collaborating with external partners, such as


advertising agencies or media outlets, to deliver a consistent message.

5.Internal Integration: Ensuring that employees are aligned with the


organization’s marketing communication objectives and brand identity.

Q. Reasons for Growth of IMC:

1.Fragmentation of Media: The proliferation of media channels has made it


necessary for organizations to integrate their communication efforts.

2.Empowered Consumers: Consumers now have greater control over the


information they receive, necessitating a more cohesive and consistent
message from brands.
3.Technological Advances: Digital technologies have enabled seamless
integration of communication channels and facilitated real-time interaction
with consumers.

4.Competitive Pressures: Organizations need to differentiate themselves in a


crowded marketplace, and IMC provides a strategic framework to achieve
this.

5.Evolving Marketing Landscape: Shifts in consumer behavior, such as the


rise of social media and mobile marketing, require a more integrated
approach to communication.

Q. Basic Model of Communication:

- Sender: Initiates the communication process by encoding a message.


- Message: Information or content being conveyed to the receiver.
- Channel: Medium through which the message is transmitted.
- Receiver: Individual or group who receives and decodes the message.
- Feedback: Response or reaction from the receiver to the sender.
- Noise: Interference or distractions that may affect the transmission or
reception of the message.
- Context: Surrounding circumstances or environment in which the
communication takes place.

Q. Test Marketing:

1.Test marketing involves launching a product or service in a limited


geographical area or market segment to gauge its performance and gather
feedback before a full-scale rollout.

2.It allows companies to assess consumer response, identify potential


issues, and refine marketing strategies before investing in a broader launch.

3.Test marketing helps mitigate risks associated with new product


introductions by providing valuable insights into consumer preferences,
competitor reactions.

4.Common methods of test marketing include controlled experiments, pilot


studies, and simulated market tests.

5.Factors such as sample size, duration, and selection of test markets are
critical considerations in designing an effective test marketing strategy.
6.Test marketing can be conducted for various purposes, including testing
new products, evaluating marketing campaigns, or assessing changes in
pricing or distribution strategies.

7.Despite its benefits, test marketing may be time-consuming and costly,


and companies must carefully weigh the potential benefits against the risks
and resource requirements.

Q. Explanation of Various Marketing Tools

1.PR : Management of communication and relationships between an


organization and its various stakeholders, including the media, customers,
employees, investors, and the public.

2.Internet Marketing: Utilization of online platforms and channels such as


websites, social media, email, and search engines to promote products or
services, engage with customers, and build brand awareness.

3.Direct Marketing: Direct communication with targeted individuals or


groups through channels such as email, direct mail, telemarketing, or SMS to
generate sales, leads, or brand awareness.

4.Sales Promotion: Short-term incentives or promotional activities aimed at


stimulating immediate sales including discounts, coupons,

Ptqm

Q. Importance of production management for a firm's customer:

1.Ensures timely delivery of products, satisfying customer demand.

2.Maintains product quality standards, enhancing customer satisfaction and


loyalty.
3.Optimizes production processes, leading to cost savings that can be passed
on to customers.

4.Facilitates customization and flexibility in meeting diverse customer needs.

5.Minimizes production errors and defects, reducing the likelihood of


customer complaints or returns.

6.Enables efficient inventory management, ensuring products are readily


available when customers need them.

7.Supports innovation and product development, keeping the firm


competitive and attractive to customers.

Q. Factors to research for developing a new product:

1.Market demand and consumer preferences.

2.Competitor analysis to identify gaps and opportunities.

3.Technological advancements relevant to the product.

4.Feasibility studies, including cost and resource requirements.

5.Regulatory and legal considerations.

6.Sustainability and environmental impact.

7. Potential risks and mitigation strategies.

Q. Objectives of material management:

1.Ensuring adequate availability of materials to support production


schedules.

2.Minimizing inventory carrying costs while avoiding stockouts.

3.Optimizing purchasing processes to secure materials at the best possible


prices.

4.Implementing effective inventory control measures to prevent waste and


obsolescence.

5.Streamlining material flow within the organization to minimize delays and


bottlenecks.
6.Enhancing supplier relationships to ensure reliable and timely deliveries.

7.Supporting strategic objectives such as lean manufacturing or just-in-time


production.

Q. Uses of ABC analysis:

1.Prioritizing inventory management by categorizing items based on their


value and usage frequency.

2.Identifying high-value items that require tighter control and scrutiny.

3.Allocating resources more efficiently by focusing attention on the most


significant inventory items.

4.Guiding pricing strategies for products based on their cost structure and
demand patterns.

5.Identifying opportunities for cost reduction or optimization within different


categories of inventory.

6.Improving cash flow by minimizing investment in less critical inventory


items.

7.Informing decision-making related to sourcing, production planning, and


distribution.

Q. Techniques of improving productivity:

1.Streamlining processes through continuous improvement initiatives like


Lean or Six Sigma.

2.Investing in automation and technology to eliminate manual tasks and


increase efficiency.

3.Providing employee training and development programs to enhance skills


and knowledge.

4.Implementing performance management systems to set targets, track


progress, and provide feedback.

5.Encouraging collaboration and teamwork to leverage collective strengths


and ideas.
6.Redesigning workflows and layouts to minimize waste and optimize
resource utilization.

7.Implementing flexible working arrangements to accommodate individual


preferences and increase morale.

FC 1. Ecology:

1.Ecology is the study of the relationships between organisms and their


environment.

2.It examines how organisms interact with each other and with their physical
surroundings.

3.Ecology encompasses various levels of organization, from individual


organisms to ecosystems.

4.It seeks to understand patterns, processes, and dynamics within


ecosystems.

5.The Millennium Development Goals (MDGs) aimed to address global


challenges such as poverty, hunger, disease, and environmental degradation
by 2015.

6.MDG 7 specifically targeted environmental sustainability, aiming to


integrate the principles of sustainable development into country policies and
programs.

Q. Satellite Technology/ applications

1.Involves the use of artificial satellites in space for various purposes.

2.Applications of satellite technology include communication, navigation,


weather forecasting, scientific research.

3.Satellites enable global communication networks, facilitating phone calls,


internet access, and television broadcasts.

4.They play a crucial role in GPS systems, allowing precise location tracking
and navigation.

5.Weather satellites provide data for forecasting and monitoring weather


patterns, aiding disaster preparedness and response.
6 Earth observation satellites monitor environmental changes, track
deforestation, urbanization, and agricultural patterns.

7.Scientific research satellites study space phenomena, celestial bodies, and


gather data for astronomical research.

Q. Control, Access, and Misuse of Technology:

1.Control over technology involves regulations, policies, and ethical


guidelines to manage its development and usage.

2.Access to technology refers to the availability and affordability of


technological resources for all segments of society.

3.Misuse of technology can include cybercrimes, privacy breaches,


surveillance, weaponization, and environmental degradation.

4.Issues arise when technology is used for malicious purposes, infringing on


individuals' rights and freedoms.

5.Balancing control, access, and ethical use of technology requires


collaboration between governments, industries, and civil society.

6.Strategies like cybersecurity measures, education on responsible


technology use, and international cooperation can mitigate misuse.

4. Effective Time Management:

1.Effective time management involves prioritizing tasks, setting goals, and


allocating resources efficiently.

2.Strategies include creating to-do lists, setting deadlines, and breaking


tasks into smaller, manageable steps.

3.Time management tools such as calendars, planners, and time-tracking


apps can aid in organization and productivity.

4.Challenges in managing time include procrastination, distractions,


multitasking, and overcommitment.

5.Overcoming these challenges requires self-discipline, focus, and the ability


to delegate tasks when necessary.
6. Time management also involves recognizing and balancing personal and
professional priorities.

7.Regular evaluation and adjustment of time management strategies are


essential for continuous improvement.

5. Maslow's Theory of Motivation:

1.Abraham Maslow proposed a hierarchy of needs theory, suggesting that


human motivation is based on fulfilling a hierarchy of needs.

2.The hierarchy consists of __ needs.

3.Physiological needs include food, water, shelter, and other basic


necessities for survival.

4.Safety needs encompass physical and emotional security, stability, and


protection from harm.

5.Love and belongingness needs involve interpersonal relationships,


affection, and a sense of belonging to a community or group.

6.Esteem needs relate to self-esteem, achievement, recognition, respect


from others, and a sense of competence.

7.Self-actualization needs represent the desire for personal growth,


fulfillment of potential, and pursuing meaningful goals.

Q. Consumer Protection Act 1986:

1. Enacted in India to protect consumers from unfair trade practices and


ensure the rights of consumers.

2.Provides measures for the prevention of deceptive advertising, unfair


trade practices, and the selling of hazardous goods.

3.Establishes consumer councils at the district, state, and national levels to


promote consumer awareness and education.

4.Allows consumers to file complaints in consumer courts for redressal of


grievances and compensation for damages.

2. Consumer Movement:
- A social movement aimed at protecting and promoting the rights and
interests of consumers.

- Advocates for fair business practices, product safety, consumer


education, and access to redressal mechanisms.

- Works towards empowering consumers to make informed choices and


hold businesses accountable for their actions.

- Involves consumer organizations, activists, policymakers, and businesses


collaborating to address consumer concerns.

- Campaigns for legislation, regulations, and policies that enhance


consumer welfare and ensure ethical business conduct.

3. Anthropocentrism:

- Anthropocentrism is a worldview that places humans at the center of


concern in the universe.

- It prioritizes human needs, interests, and welfare over those of other


species and ecosystems.

- Anthropocentric perspectives often justify human exploitation of natural


resources and disregard for environmental impacts.

- Critics argue that anthropocentrism contributes to environmental


degradation and biodiversity loss.

- Alternative perspectives like ecocentrism advocate for a more holistic


approach that considers the intrinsic value of nature beyond human utility.

4. Ecocentrism:

- Ecocentrism is an environmental ethic that sees ecosystem as a primary


focus of moral consideration, valuing them for their on sake.

- It recognizes the interconnectedness of all life forms and emphasizes the


importance of preserving ecological integrity.

- Ecocentric ethics prioritize sustainability, conservation, and respect for


nature’s intrinsic value.
- Advocates for ecocentrism promote environmental stewardship,
biodiversity conservation, and ecosystem restoration.

- Ecocentric principles guide environmental policies, land management


practices, and sustainable development initiatives.

5. CAT (Common Admission Test):

- CAT is a computer-based entrance exam conducted in India for admission


to postgraduate management programs.

- Administered by the Indian Institutes of Management (IIMs) on a


rotational basis.

- Tests candidates on quantitative ability, verbal ability, data interpretation,


and logical reasoning.

- Scores obtained in CAT are used by various management institutes for


admission into their MBA, PGDM, and other management programs.

- CAT is highly competitive, with a large number of candidates vying for


limited seats in top-tier business schools.

6. GMAT (Graduate Management Admission Test):

- GMAT is a standardized computer adaptive test used for admission to


graduate management programs worldwide.

- Assesses analytical writing, integrated reasoning, quantitative reasoning,


and verbal reasoning skills.

- Scores are used by business schools to evaluate applicants’ readiness for


academic coursework.

- GMAT scores are valid for five years, and test-takers can retake the exam
to improve their scores.

7. SMART Goals:

- SMART goals are SMART objectives used for goal setting.


- Specific: Clearly define the goal, including what needs to be accomplished
and why.

- Measurable: Establish criteria for measuring progress and determining


when the goal is achieved.

- Achievable: Set realistic and attainable goals considering available


resources and constraints.

- Relevant: Ensure that the goal aligns with broader objectives and
contributes to overall success.

- Time-bound: Set a deadline or timeframe for achieving the goal to create


a sense of urgency and accountability.

8. Email Bombing:

- Email bombing is a cyber attack method involving sending a large volume


of emails to overwhelm a recipient’s inbox.

- Typically done with malicious intent to disrupt email communication or


deny access to email services.

- Can involve sending repeated emails from multiple accounts or


automated scripts.

- Email bombing may be used for harassment, extortion, or as a form of


protest or retaliation.

Eco Q. Scope of Macroeconomics:

1.Macroeconomics studies the aggregate behavior of the economy as a


whole.

2. It examines variables such as national income, unemployment, inflation,


and economic growth.

3.Focuses on analyzing the causes and consequences of fluctuations in


economic activity over time

4.Studies government policies such as fiscal and monetary policies and their
impact on the economy.

5.Deals with international trade, exchange rates, and balance of payments.


6. Analyzes long-term economic growth and development.

7.Includes understanding the role of institutions, social norms, and political


factors in shaping economic outcomes.

Q. Effects of Inflation on Economic Activities and Different Sections of People:

1.Inflation reduces the purchasing power of money, leading to a decline in


real wages and savings.

2.It distorts price signals, making it difficult for businesses to plan and
allocate resources efficiently.

3.Debtors benefit from inflation as the real value of their debt decreases.

4.Fixed-income earners, such as retirees and pensioners, suffer as their


incomes do not adjust to inflation.

5.Inflation can lead to uncertainty and volatility in financial markets,


affecting investment decisions.

6.Hyperinflation can undermine the stability of the economy and erode public
confidence in the currency.

7.Central banks use monetary policy tools to control inflation and maintain
price stability.

Q. Various Canons of Taxation:

1. Canon of Equality:Taxes should be imposed based on the taxpayer’s


ability to pay, ensuring horizontal and vertical equity.

2.Canon of Certainty: Tax laws should be clear, predictable, and easily


understandable to taxpayers.

3.Canon of Convenience:Taxes should be collected in a manner that is


convenient for taxpayers and minimizes administrative costs.

4.Canon of Economy: The cost of tax collection should be minimal compared


to the revenue generated.

5.Canon of Productivity:Taxes should not impede economic growth and


should be levied in a way that maximizes revenue.
6.Canon of Flexibility: Taxation should be flexible enough to adapt to
changing economic conditions and societal needs.

7.Canon of Diversity:Taxation should be diversified across different sources to


reduce reliance on any single tax and spread the tax burden equitably.

You might also like