Saturday, September 26, 2015

Human Resource Management - Personal Management and Its nature

Personnel management and Its nature
Personnel management can be defined as obtaining, using and maintaining a satisfied workforce. It is a significant part of management concerned with employees at work and with their relationship within the organization.
According to Flippo, “Personnel management is the planning, organizing, compensation, integration and maintenance of people for the purpose of contributing to organizational, individual and societal goals.”
According to Brech, “Personnel Management is that part which is primarily concerned with human resource of organization.”
Nature of Personnel Management
1. Personnel management includes the function of employment, development and compensation- These functions are performed primarily by the personnel management in consultation with other departments.
2. Personnel management is an extension to general management. It is concerned with promoting and stimulating competent work force to make their fullest contribution to the concern.
3. Personnel management exists to advice and assists the line managers in personnel matters. Therefore, personnel department is a staff department of an organization.

Human Resource Management - Significance of HRM

Significance/importance/need /Role of HRM
HRM becomes significant for business organization due to the following reasons.
1. Objective: HRM helps a company to achieve its objective from time to time by creating a positive attitude among workers. Reducing wastage and making maximum use of resources etc.
2. Facilitates professional growth: Due to proper HR policies employees are trained well and this makes them ready for future promotions. Their talent can be utilized not only in the company in which they are currently working but also in other companies which the employees may join in the future.
3. Better relations between union and management: Healthy HRM practices can help the organization to maintain co-ordinal relationship with the unions. Union members start realizing that the company is also interested in the workers and will not go against them therefore chances of going on strike are greatly reduced.
4. Helps an individual to work in a team/group: Effective HR practices teach individuals team work and adjustment. The individuals are now very comfortable while working in team thus team work improves.
5. Identifies person for the future: Since employees are constantly trained, they are ready to meet the job requirements. The company is also able to identify potential employees who can be promoted in the future for the top level jobs. Thus one of the advantages of HRM is preparing people for the future.

Human Resource Management - Managerial and Operative Functions of HRM

Functions of HRM:
The function performed by the resource management can broadly be classified into two categories, viz.
(1) Managerial functions, and
(2) Operative functions
(1) Managerial Functions:
Planning: Planning is a predetermined course of actions. It is a process of determining the organisational goals and formulation of policies and programmes for achieving them. Thus planning is future oriented concerned with clearly charting out the desired direction of business activities in future. Forecasting is one of the important elements in the planning process. Other functions of managers depend on planning function.
Organising: Organising is a process by which the structure and allocation of jobs are determined. Thus organising involves giving each subordinate a specific task establishing departments, delegating authority to subordinates, establishing channels of authority and communication, coordinating the work of subordinates, and so on.
Staffing: It is a process by which managers select, train, promote and retire their subordinates This involves deciding what type of people should be hired, recruiting prospective employees, selecting employees, setting performance standard, compensating employees, evaluating performance, counseling employees, training and developing employees.

Human Resource Management - Meaning, Nature, Objectives and Scope

Meaning and Definition of Human Resource Management (HRM)
Human Resource Management (HRM) can be defined as the set of programs, functions, and activities designed and performed in order to maximize both employee as well as organizational effectiveness. It is a management function that helps organization in recruiting, selecting, training, developing and managing its members. HRM is concern with the management of people in the organization from Recruitment to Retirement.
According to Flippo, “human resource management is the   planning , organizing , directing and controlling of the procurement, development, compensation, integration, maintenance, and separation of human resource to the end that individual, organizational and social objectives are accomplished.”
According to the Invancevich and Glueck, “HRM is concerned with the most effective use of people to achieve organizational and individual goals. It is the way of managing people at work, so that they give their best to the organization”.
According to Dessler (2008) the policies and practices involved in carrying out the “people” or human resource aspects of a management position, including recruiting, screening, training, rewarding, and appraising comprises of HRM.

Monday, September 21, 2015

Dibrugarh University Question Paper: Business Statistics (Nov' 2014)

2014 (November)
(General / Speciality)
(Business Statistics)

Course: 303
Full Marks: 80
Pass Marks: 32
Time: 3 hours

The figures in the margin indicate full marks for the questions.
1.    Answer any five questions:                                                                           2x5=10

a)      Prove that the correlation coefficient is the geometric mean of the two regression coefficients
b)      State the limitations of Laspeyres’ formula for the construction of index numbers.
c)       Calculate AM and HM of 2, 4 and 8.
d)      Write the two models used for the study of time series.
e)      “The correlation coefficient between two variables X and Y is r and r2 =0.65,” What can be concluded from this statement?
f)       What do you mean by business forecasting?
g)      What is the difference between Karl Pearson’s coefficient of correlation and Spearman’s coefficient of correlation?

Sunday, September 20, 2015

Dibrugarh University Question Papers: IT and Its Application in Business (Nov' 2014)

2014 (November)
(General / Speciality)
Course: 304
Full Marks: 80
Pass Marks: 32
Time: 3 hours

The figures in the margin indicate full marks for the questions.

Fill in the blanks:                                                                                                         1x4=4
(a) (i) UNEDIFACT is an _____ standard.
(ii) Intersection of row and column in a worksheet is known as _____.
(iii) Joystick is an _____ device.
(iv) SMTP stands for _____.

(b) Write True or False:                                                                                                 1x4=4
(i) Second-generation computers used vacuum tubes as the main components of CPU.
(ii) RAM is non-volatile in nature.
(iii) Compiler translates a program written in high-level language into machine language.
(iv) Records or tuples are the horizontal rows of information in a database file.

Saturday, September 19, 2015

Dibrugarh University Question Papers - Human Resource Management (Nov' 2014)

2014 (November)
Commerce (General/Speciality)
Course: 301
Full Marks: 80
Time: 3 Hours
1. Answer the following questions briefly:
a) Write down two functions of Human Resource Development (HRD) manager.               2
b) Mention two points of distinction between recruitment and selection.                             2

Write true or false:                                          1x4=4
c) Human Resource is a resource like any other natural resource.
d) Job analysis means a process of obtaining all pertinent job facts.
e) Job Rotation refers to change the position of an executive horizontally for increasing the skills and knowledge.
f) Promotion means decrease in rank and demotion means increase in rank.

2. Write short notes on:                                                4x4=16
a) Need for scientific selection
b) Job enrichment
c) Importance of “Health and Safety measures”
d) Learning Process

3. (a) What do you understand by Human Resource Management (HRM)? Explain its significance.                            4+7=11

Saturday, September 12, 2015

Dibrugarh University Question Papers: Financial Management (Nov' 2014)

2014 (November)
Course: 302
(Financial Management)
Full Marks: 80
Pass Marks: 32
Time: 3 hours

The figures in the margin indicate full marks for the questions.
1.    (a) Write ‘True’ or ‘False’:    1x4=4
(i)      The cost of capital is minimum rate of return expected by its investors.
(ii)    Financial leverage is also known as composite leverage.
(iii)   Leasing benefits both the lessee as well as the lessor.

(b) Choose the appropriate answer from the given alternatives:                               1x2=2
(i) The prime objective of an enterprise is
a)      maximization of sales
b)      maximization of owner’s equity
c)       maximization of profit

Dibrugarh University (M.Com - Distance) - Marketing Management (Nov - Dec' 2014

2014 ( December )
Paper – 202
( Marketing Management )
Full Marks : 80
Time – 3 hours

The figures in the margin indicate full marks for the questions.

1. (a) Enumerate the marketing functions and describe those functions.                                     16
(b) What is marketing-mix? Comment in brief upon its ingredients on inputs.      6+10=16

2. (a) What is meant by Consumer behaviour? What are the unusual steps of the buyer process?                             6+10=16
(b) Evaluate the role, scope and importance of marketing information system.                  16

Dibrugarh University Question Paper: Public Finance (Nov' 2014)

2014 (November)
COMMERCE (General/Speciality)
Course: 501
Full Marks: 80
Pass Marks: 32
Time: 3 hours

The figures in the margin indicate full marks for the questions.
1. Answer the following questions:                                                                                          1x8=8
(a) Give an example of social goods.
(b) Mention one cannon taxation.
(c) Mention any one source of public debt of Government of India.
(d) State the year in which the Income-tax Act of India was passed.
(e) Mention one example of developmental expenditure of a State in India.
(f) Write the full form of ‘VAT’.
(g) Mention a tax levied by Municipal Corporation.
(h) Name the Chairperson of the Thirteenth Finance Commission of India.

2. Write short notes on:                                                                                                4x4=16
(a) Private and Public finance
(b) Techniques of budgeting.

Dibrugarh University Question Papers: Management Accounting (Nov' 2014)

2014 (November)
COMMERCE (General / Speciality)
Course: 503
(Management Accounting)
Full Marks: 80
Pass Marks: 32
Time: 3 hours

The figures in the margin indicate full marks for the questions.
  1. (a) Write True or False:                                                           1x4=4
a.       Profit changes in the same proportion of the changes in contribution.
b.      A system of budgetary control cannot be used in an organization where standard costing is in use.
c.       Cash Flow Statement is a statement of sources and application of cash during a particular period of time.
d.      In management accounting, only those figures are used which can be measured in monetary terms.

(b) Fill in the blanks:                                                                                                                                        1x4=4
a.       P/V ratio exhibits the percentage of contribution included in _____.
b.      Repayment of borrowing causes cash _____.

Dibrugarh University - Financial Accounting (Nov' 2014)

2014 (November)
COMMERCE (General / Speciality)
Course: 103
(Financial Accounting)
Full Marks: 80
Pass Marks: 24
Time: 3 hours

The figures in the margin indicate full marks for the questions.
(New Course)

1. (a) Fill in the blanks :                  1x4=4
                     i.            Accounting Standards Board was set up in India in the year ____.
                   ii.            The cost of goods sold on hire purchase is transferred to ____ Account.
                  iii.            Royalty paid on sales is debited to ____ Account.
                 iv.            In departmental accounts, each department is considered as a  Separate ____ centre.

(b) Write ‘True’ or ‘False’:            1x4=4

Dibrugarh University - Business Communication - I (Nov' 2014)

2014 (November)
COMMERCE (General/Speciality)
Course: 101
(Business Communication –I )
Full Marks: 80
Pass Marks: 24
Time: 3 hours

The figures in the margin indicate full marks for the questions
(New Course)
 1. Select the right alternative:                    1x4=4
(a)    Ability to communicate effectively
1)         is inborn
2)         can be developed
3)         cannot be developed

(b)   Grapevine is a kind of ____ communication.
1)      lateral
2)      formal
3)      informal

Dibrugarh University - Business Environment (Nov' 2014)

2014 (November)
(General / Speciality)
Course: 104
(Business Environment)
Full Marks: 80
Pass Marks: 24
Time: 3 hours
(New Course )

The figures in the margin indicate full marks for the questions.
1. Answer the following:               1x8=8
a)      Mention any one natural component of business environment.
b)      What do you mean by inclusive growth?
c)       Mention one of the objectives of economic growth.
d)      Write one cause of industrial sickness.
e)      Mention one advantages of privatization.
f)       In which year was the WTO set up?
g)      Mention one advantages of SEZ.
h)      Write the full form of SAFTA.

Dibrugary University - Advanced Financial Accounting (Nov' 2014)

2014 (November)
(Advanced Financial Accounting)
Course: 203
Full Marks : 80
Pass Marks :32
Time : 3 hours

The figures in the margin indicate full marks for the questions.
1.    (a) Choose the correct answer :                        1x3=3

(i)      As per RBI’s Prudential Accounting Norms, provision required for standard assets is @ 0.40% / @ 10% / @20%.

(ii)    Commission on reinsurance ceded deals with Schedule 2 / Schedule 3 / Schedule 4 in Revenue Account.

(iii)   Accounting for investments deals in AS-13 / AS-14 / AS-15.

        (b) Fill in the blanks:        1x3=3

(i)      In current cost accounting method, depreciation is to be computed on the _____ of fixed assets.


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