B.Com In Banking & Insurance (BCBI) Sem VI 2022 2023 Apr 2023 I TURNAROUND MANAGEMENT Question Paper - Mumbai University | munotes

Questions asked in this paper

• Figures to the right indicate marks

1. Q1 (a) Fill in the blanks with the appropriate choices given below (Any 8) 8 marks
2. Q1 It is the organisation which binds managers together and brings proper adjustment and co-ordination in their work PESTLE, P stands for 3.A concern will be an innovator and can easily face the risk of competition
3. Q4 Mother Dairy has added ‘Curd and Lassi’ to its range of milk products, this is an example of
4. Q5 Industrial Sickness contribute to the cost economy
5. Q6 As per the principles of TQM, Mortar of the TQM structure includes
6. Q7 The process of eliminating errors thereby improving the overall quality is
7. Q8 is focused on routine involvement of each individual and group in the organisation
8. Q9 means eliminating anything that is unnecessary for the equipment to work properly
9. Q10 style of decision making can also be termed as ‘Autocratic Style’
10. Q1 (b) State whether the following statements are true or false (Any 7) 7 marks
11. Q1 External consultants are not all required in BPR team
12. Q2 The process of comparing operations with that of the direct competitors is called as functional
13. Q3 Business undertakings are free from risk and uncertainty
14. Q4 The idea of SBU is to centralise on the basis of strategy elements
15. Q5 Forward integration involves moving towards the input of the present product
16. Q6 Spinoff is another version of growth strategy
17. Q7 An appropriate product mix can cause sickness to an industry
18. Q8 Commitment on the part of the management is optional for the rehabilitation of a sick unit
19. Q10 Communication flow in BPR is bottom-up approach
20. Q2 (a) Define Business. Explain the importance of Business. 8 marks
    • (b) Define Globalization. Explain various problems related to globalization. 7
    • (c) What do you mean by survival & growth strategy? Explain the growth strategies of 21
21. Q3 (a) Define Industrial Sickness. Explain the stages of industrial sickness in detail. 8 marks
    • (b) Explain various internal reasons leading to industrial sickness. 7
    • (c) Explain various remedial measures that can be undertaken to overcome industrial sickness in an organisation. Also explain the role of BIFR in industrial sickness. (15)
22. Q4 (a) What is BPR? How BPR is different from other business philosophies? 8 marks
    • (b) Define BPR? Explain some pitfalls which makes the best of re-engineering efforts fail. 7
    • (c) Define Outsourcing? Explain various reasons for outsourcing. 8
    • (d) What is freelancing? Explain the merits of freelancing. 7
    • (a) What are the skills required by the managers to effectively undertake turnaround strategy? 8
    • (b) What are the most important areas that the company must focus on during turnaround?
    • (c) Write Short notes on (Any 3) 15
23. Q1 Different ways of diversification
24. Q2 Process Mapping
25. Q3 Indicators of successful turnaround
26. Q4 Benefits of using external consultant in BPR 5.5S Principles

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