APPLIED MANAGEMENT (TASK 1)  1

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APPLIED MANAGEMENT (TASK 1) 

1. Discuss APPLIED MANAGEMENT as compared with BUSINESS MANAGEMENT, OPERATIONS MANAGEMENT, CAPITAL MANAGEMENT, BEHAVIORAL MANAGEMENT, PRODUCTION MANAGEMENT, TOTAL QUALITY MANAGEMENT and STRATEGIC MANAGEMENT. 

2. Draw a GANTT CHART in relation to APPLIED MANAGEMENT activities. 

3. In what way your study of ETEEAP similar to pursuing an APPLIED MANAGEMENT degree? Explain. 

4. Are the POSDICON management functions still applicable today? Explain. 5. How do you see yourself as an ETEEAP graduate in the future? 

 

OPERATIONS MANAGEMENT/TOTAL QUALITY MANAGEMENT (TASK 2) 

1. Discuss the application of SIX SIGMA in your present workplace. 

2. What is ISO? What is its relation with TQM? 

3. Draw a simple organizational flowchart depicting the three business organizational functions (marketing, operations, finance ) and their relationships. 

4. Discuss the strategic importance of SUPPLY CHAIN MANAGEMENT to businesses. 

5. Consider the "ENVIRONMENTAL and ETHICAL ISSUES" affecting OM and TQM. How relevant are these issues in present day business scenarios. 

 

STRATEGIC MANAGEMENT (TASK 3) 

1. Explain the difference between MISSION and VISION. 

2. Explain SWOT ANALYSIS and its usage. 

3. Differentiate INTERNAL ENVIRONMENT from EXTERNAL ENVIRONMENT of a business as to meaning ,nature, composition, effects and bearings. 

4. What is CORPORATE STRATEGY? Draw and discuss the hierarchy. 

5. Discuss STRATEGIC DECISION PROCESS. What are its modalities? 

 

STATISTICS (TASK 4) 

1. How do business functional areas ( Accounting, Finance, Management, Marketing, Production) use STATISTICS? 

2. Differentiate PRIMARYDATA from SECONDARY DATA in terms of meaning, contents, process, sources, cost effectiveness, co collection period, specificity, mode availability and reliability. 

3. Enumerate and explain STATISTICAL METHODS and NON-STATISTICAL METHODS. 

4. Give a simple paragraph regarding the use of STATISTICS in your present career. 

5. Is STATISTICS used extensively in this pandemic period? Justify. 

 

BUSINESS LAW - OBLICON (TASK 5) 

1. Differentiate OBLIGATIONS from CONTRACTS. Cite requisites, nature and effects. 

2. Enumerate and explain the different kinds of OBLIGATIONS. 

3 .Enumerate and explain the modes of extinguishment of OBLIGATIONS. 

4. Enumerate and explain the modes of vitiating consent. 

5. Discuss the origin of OBLIGATIONS and CONTRACTS 

 

FINANCIAL ACCOUNTING (TASK 6) 

1. Show, by way of comparative BALANCE SHEETS, the difference among sole proprietorships, partnerships and corporation. Briefly explain. 

2. Show, by way of comparative INCOME STATEMENTS, the difference among SERVICE, MERCHANDISING and MANUFACTURING BUSINESSES. Briefly explain. 

3. Show a simple CASH FLOW STATEMENT. Briefly explain the three activities involved. 

4. How are FINANCIAL RATIOS grouped? Briefly explain. 

5. What are the ETHICAL REQUIREMENTS that CPAs are expected to possess? 

 

INCOME TAX ( TASK 7) 

1. Enumerate and discuss the classification of INDIVIDUAL INCOME TAXPAYERS 

2. Who are not required to file INCOME TAX RETURNS? 

3. Explain the bases and constitutionality of taxation. 

4. Cite the difference between TAX EVASION and TAX AVOIDANCE. What are the legal means to reduce tax liabilities? 

5. How would you know that your company is under tax investigations?