MANAGEMENT
PAPER – II
1. Quantitative Techniques in
Decision Making:
Descriptive statistics – tabular,
graphical and numerical methods, introduction to probability, discrete and continuous
probability distributions, inferential statistics-sampling distributions, central
limit theorem, hypothesis testing for differences between means and
proportions, inference about population variances, Chisquare and ANOVA, simple
correlation and regression, time series and forecasting, decision theory, index
numbers; Linear programming – problem formulation, simplex method and graphical
solution, sensitivity analysis.
2. Production and Operations
Management:
Fundamentals of operations
management; Organizing for production; Aggregate production planning, capacity planning,
plant design: process planning, plant size and scale of operations, Management
of facilities; Line balancing; Equipment replacement and maintenance;
Production control; Supply chain management – vendor evaluation and audit;
Quality management; Statistical process control, Six Sigma; Flexibility and
agility in manufacturing systems; World class manufacturing; Project management
concepts, R&D management, Management of service operations; Role and
importance of materials management, value analysis, make or buy decision; Inventory
control, MRP; Waste management.
3. Management Information System:
Conceptual foundations of
information systems; Information theory; Information resource management; Types
of information systems; Systems development – Overview of systems and design;
System development management life-cycle, Designing for online and distributed
environments; Implementation and control of project; Trends in information
technology; Managing data resources - Organising data; DSS and RDBMS; Enterprise
Resource Planning (ERP), Expert systems, e-Business architecture, e-Governance;
Information systems planning, Flexibility in information systems; User
involvement; Evaluation of information systems.
4. Government Business Interface:
State participation in business, Interaction
between Government, Business and different Chambers of Commerce and Industry in
India; Government’s policy with regard to Small Scale Industries; Government clearances
for establishing a new enterprise; Public Distribution System; Government control
over price and distribution; Consumer Protection Act (CPA) and The Role of
voluntary organizations in protecting consumers’ rights; New Industrial Policy
of the Government: liberalization, deregulation and privatisation; Indian
planning system; Government policy concerning development of Backward
areas/regions; The Responsibilities of the business as well as the Government
to protect the environment; Corporate Governance; Cyber Laws.
5. Strategic Management:
Business policy as a field of study;
Nature and scope of strategic management, Strategic intent, vision, objectives
and policies; Process of strategic planning and implementation; Environmental
analysis and internal analysis; SWOT analysis; Tools and techniques for
strategic analysis – Impact matrix: The experience curve, BCG matrix, GEC mode,
Industry analysis, Concept of value chain; Strategic profile of a firm;
Framework for analysing competition; Competitive advantage of a firm; Generic
competitive strategies; Growth strategies – expansion, integration and
diversification; Concept of core competence, Strategic flexibility; Reinventing
strategy; Strategy and structure; Chief Executive and Board; Turnaround
management; Management of strategic change; Strategic alliances, Mergers and
Acquisitions; Strategy and corporate evolution in the Indian context.
6. International Business:
International Business Environment:
Changing composition of trade in goods and services; India’s Foreign Trade:
Policy and trends; Financing of International trade; Regional Economic
Cooperation; FTAs; Internationalisation of service firms; International
production; Operation Management in International companies; International
Taxation; Global competitiveness and technological developments; Global e- Business;
Designing global organisational structure and control; Multicultural
management; Global business strategy; Global marketing strategies; Export
Management; Export- Import procedures; Joint Ventures; Foreign Investment:
Foreign direct investment and foreign portfolio investment; Cross-border
Mergers and Acquisitions; Foreign Exchange Risk Exposure Management; World
Financial Markets and International Banking; External Debt Management; Country
Risk Analysis.
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