MGT601 Final Term Solved Subjective Preparation

MGT601 SME Management Solved Subjective For Final Term Exam Preparation

2010 · Paper # 1:- · 18 mcq's · 2 questions of 5 marks, 3 questions of 5 marks · Q* technical feasibility(3) · 1. Technical Feasibility · It covers the following:

a) Identification of critical technical specifications comprising

a. The functional design of the product. b. Adaptability to the new customer demand.

c. Durability

d. Reliability of performance.

e. Safety

f. Reasonable utility (i.e. acceptable level of obsolescence)

g. Standardization (i.e. elimination of unnecessary variety)

Q* you are a manger of fan company , ur sales volume is low, how do you improve ur sales volume(5)

Answer: _

1) improvement of product

2) marketing

3) ads in newz papers and professional journals, tv advertisemrnt

4) free samples with ur product · 5) low pricesss · Q* market myopia(5) · Market Myopia:-

A shortsighted approach of concentrating on production rather than on marketability could lead to avoidable disaster. An entrepreneur may fail to properly assess the market acceptability of his product. He may not appreciate that no product can become instantaneously profitable or could have an endurable success. Selection of the right time for introducing the product is important for its success. If actions are taken too soon or too late, it will result in failure.

Q* state the reasons that why SME doesn't flourish in Pakistan(5)

Paper # 2:- · Total 32 question thy · 28 MCQ,s · 2 question 5 marks n 2 (2) marks · Q* Environment post operative problems(5 marks) · ANS_ · • Environmental Causes: · o Changes in government policy; · o Changes in social or political conditions;

o Inflationary pressures leading to increases in the input cost.