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INDUSTRIAL MANAGEMENT AND ENTREPRENEURSHIP-OCTOBER-2011


SIXTH SEMESTER DIPLOMA EXAMINATION IN ENGINEERING/TECHNOLOGY-OCTOBER, 2011
                     INDUSTRIAL MANAGEMENT AND ENTREPRENEURSHIP
PART-A
(Maximum marks:15)
v  Answer the following questions in one or two sentences:
1.Define the term management.
2.What is partnership deed?
3.What do you mean by performance appraisal?
4.Define the form TQM.
5.What is the concept of ISO 9000?
6.What is critical path?
7.Define incentive.
8.What do you meant by zero sum game?
9.Define management information system.
10.Write the full form of NSIC and SIDBI.
PART-B
(Maximum marks:60)
(Answer one full question from each unit)
Unit-1
v  (a)What are the functions of management?.(6)
          (b)Compare the public limited company and private limited company.(6)
OR
v  (a)What are the major activities of man power planning?.(6)
(b)Describe the characteristics of motivation.(6)

Unit-2
v  (a)Draw and explain quality loop.(6)
(b)What are the steps required to apply for ISO 9001:2000 registration?(6)
         
OR
v  (a)Discuss the conceptand characteristics of quality circles.(6)
          (b)Briefly explain SWOT analysis.(6)
UNIT-3
v  (a)What are the applications of network analysis?.(6)
Activity
Estimated duration(week)
Optimistic
Most likely
Pessimistic
1-2
1-3
1-4
2-4
3-5
4-6
5-6
1
1
2
1
2
2
3
1
4
2
1
5
5
6
7
7
8
1
14
8
15

          (b)A small project is composed of seven activities as given below.Calculate the expected time for each activity.Draw the network diagram and mark it on the diagram.Calculate the earliest expected time(TE)and latest allowable time(TL)and mark on the network diagram.Calculate also the project duration and critical path.(6)










OR
v  (a)What are the requirement of a good wage payment system?(6)
          (b)Draw a block diagram of a MRP system and explain it.(6)
UNIT-4
v  (a)Define operation research,list the methods of optimization.(6)
(b)Draw the block diagram to represent MBO process and briefly explain it.(6)
OR
v  (a)Solve the game whose pay-off matrix shown below:
                                                 Player B
                                              B1     B2          B3
                                A1         40       9           2
                 Player A   A2         30       15         7
                                A3          10       5          4  (6)
          (b)Define MIS and list the application of MIS.(6)
UNIT-5
v  (a)List the steps required to build up positive personality.(6)
          (b)Describe various financial assistance given to small scale industry.(6)
OR
v  (a)Define:
               (i)Accident       (ii)Frequency rate           (iii)Severity rate(6)
(b)What are the methods of solid waste management?(6)
        

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