LADOKE AKINTOLA UNIVERSITY OF TECHNOLOGY, OGBOMOSO

FACULTY OF MANAGEMENT SCIENCES

MASTER IN BUSINESS ADMINISTRATION

FIRST SEMESTER

MGS 701- BASIC MANAGEMENT INFORMATICS

1a. Explain why information systems are so essential in business today.

b. Differentiate between Data Processing and Management Information System

c. Evaluate the impact of internet on organization.

2a. Describe the information systems supporting the major business functions:

sales and marketing, manufacturing and production, finance and accounting and

human resources.

b. Evaluate the role played by the information systems serving the various

levels of management in a business and their relationship to each other.

3a. Examine the basic functional units in an electronic digital computer.

b. Illustrate the relationship between these functional units.

c. What is a computer network?

MGS 703- BASIC FINANCIAL MANAGEMENT

la. There are about four decisions that are integral to financial management. List and

briefly explain each of these decisions.

b. Briefly explain the microeconomic and macroeconomic conditions that can affect

financial decisions.

2. A portfolio comprising 40% of security A and 60% of security B, has the

following data

Predicted Return Predicted Return

Probability Security A Security B

% '%

0.2 12 15

0.6 15 20

0.2 18 25

(a) Calculate the portfolio return.

(b) Determine the riskiness of the portfolio (i.e. standard deviation)

(c) Comment on your findings.

3. Briefly explain the following terms

(i) Agency Problem

(ii) Risk and Return

(iii) Wealth maximization and profit maximization

(iv) Capital Market and Money Market

MGS 705-BUSINESS STATISTICS

la. Define briefly the following statistical terms

(i) Population (ii) Sample ( i i i ) Variable (iv) Mathematical statement of probability.

bi. Why do researchers resort to sampling?

ii. List only four sampling techniques. Briefly explain any two of the four.

c. The following number of cartons (in hundreds) were recorded as hauled by

LAUTECH HAULAGE

43 53 96 59 72 24 33 69

50 '

58

50 58 45 53 92 60 76 20 40 67

52

55

52 55 48 52 89 59 76 11 31 71 49

56

56 46 53 103 63 84 28 31 68 51

, 57

57 47 52 109 62 82 12 39 66 50

' 55

55 (i) With classes like 0 - 9 etc construct a group frequency table.

(ii) Calculate the mean, standard deviation and range from your table

(iii) Write two uses of standard deviation.

2. The average weight and height of new born babies in a certain period are as given below:

i. Calculate the spearman's rank correlation coefficient between these weights and

heights of the babies.

ii. Interpret your result

iii. Give the range of values of am coefficient of correlation.

3i. Explain the term Hypothesis.

ii. Mention and explain the errors associated with hypotheses testing.

iii. In order to find out whether there is a different in the average number of days that

certain animals can survive without food, nine sheep and ten goats were tested?

The sheep averaged 11 days with a standard deviation of 2 days whereas the

average number of days for the goats was 12 with a standard deviation of 3 days.

At 0.05 level of significance what can you conclude?

Weight (w),

kg

2.6

3.:

3.5

3.7

3.1 3.5 3.7 4.1 4.4 4.6 4.9 5.3 5.8 Height (H),

cm

45

48

50

48

48 50 48 50 51 52 52 53 54

MGS 707- MANAGEMENT AND ORGANIZATIONAL THEORY

1a. “The Principles of Management under the classical Organization Theory were adopted

by Henri Fayol for a successful management behavior”. Identify and discuss five of

the principles.

b. Differentiate between Administration and Management, if any

2. What is planning in Management and what are the planning processes?

3. Decision-making are an essential tool for organizational goal and some necessary

steps need to be taken before final decision is taken. What are the types of decisions

and the processes of decision-making?

MGS 709-BASIC MANAGERIAL ACCOUNTING

1. "Management Accounting assist managers to plan, control and make

decisions" what are the elements involved in the process of management

accounting decisions? Explain the basic management accounting techniques you

will adopt for managing operations in your organization?

2. Describe your understanding of the term "Capital Rationing". What are the

different situations of capital rationing an organization can experience?

Baba Iwo ventures is experiencing a shortage of funds for many of the

feasible

investments in the current year when only N500,000 is available for investment

purposes.

Projects Capital Outlay Annual cash Inflow

NOOO NOOO

1 250 75

2 400 100

3 300 90

4 175 60

5 120 40

6 160 80

Assume the cost of capital for the venture is 20%.

You are required to advice management on the projects which should be

accepted where (i) The projects are divisible and (ii) The projects are indivisible.

b. If you are confronted with a decision to use either the N.P.Vor I.R.R. in a

capital investment appraisal problem: which techniques will you employ andwhy?

3a. Investment Appraisals are often carried out with the use of Non-Discounted Cash

flow methods in small businesses. Identify:

(i) 2 Non-Discounted Cash flow methods

(ii) 3 Discounted Cash flow methods

(iii) Why should small businesses consider and adopt discounted Cash flow

techniques in their appraisals?

b. What is Capital rationing?

c. Magnifier Ltd has a capital budget of N5,000,000 for the year to 30 th June 2011.

The available projects have been identified and quantified by the Technical

Director and the Works Manager as shown below:

Project Initial Outlay Profitability Index

# #

A- 2,500,000 1.10

B - 1,000,000 0.95

C- 2,000.000 1.25

D- 2,000,000 1.23

E - 2,500,000 1.05

F- 1,000,000 1.20

G- 500,000 0.99

(i) Which of the project should the company invest in?

(ii) What difference would absence of capital rationing make to your selection in (a)

MGS 711- RESEARCH METHODOLOGY

la. Define the term research

b. Explain 5 important characteristics of a formal research

2. Explain with relevant examples, the meaning of the following

(a) Variable

(b) Population

(c) Hypothesis

3. Using relevant hypothetical examples, explain clearly the differences between the

following types of data

(a) Cross section and time series data

(b) Time series and panel data

(c) Cross section and panel data

(d) Primary and secondary data