October - 2012 SET –A with answer keys

N. B: 1) All section I are compulsory 2) Attempt any three out of

four in section II 3) Figures to the right indicate full marks

SECTION – I
Q. 1 Explain the following terms: (15)

1. Holistic approach to personality.- An individual plays different roles in the

world of Maya. HE is citizen of a nation, an employee where he works , a manager
having accountability for many things and also father, a son., and husband in the
family. Indian ethos emphasizes all of us are parts of the supreme consciousness,
There is interrelationship among all the animate and inanimate objects of the
universe. So personality to be development ins cu manner that we should be able to
realize to this concept and respect all our fellow beings.

2. Yoga and meditation.- Yoga means unions. Yoga unites atma with the supreme
soul. It cleans mind, control thought process and thus ultimately leads towards
actual reality.Yoga consists the steps : yamas, yogasana, pranayama,
pratyachara,dharana, dhayana, Samadhi. Meditition is a particular state of mind in
which a thoughtless pause for the mind which provide health to the mind. By
plasticizing meditation any one can face life in a better manner because of
balanced mind. The mind become purified , full of love, compassion, healthy
detachment, goodwill and joy. Such mind will always take positive action.

3. Indian concept of leadership.- According to Indian management concept ‘Work

is worship “ for the leader. He does not keep a gap between whatever he is
preaching and the action he is taking. Leader should provide benefit and service to
the society but never talks about it. He should happy when his followers and happy
.He should have faith on god, good observer and a man of principle, with good
time management etc.
 4. Corporate karma.- Karma theory, Bhagwatgeeta- which tales human beings to
work according to the value system. Karma theory says man become great by his
work and behavior and not by where he has taken birth. Corporate karma is also
following the same track that whatever is better and best for the society, Good
Karma encourages managing social business. A corporate house having good
karma will also always have a social vision & mission following which they would
proceed ahead. Doing business without purpose or only for the sake of financial
gain leads nowhere. Good Karma leads to transformational social change.
5. Whistle blowing – IT refers to exposure of fraud and abuse by an employee.
When an employee informs against the wrong practices and corruption that
are going on inside the organization to outsiders may be government or law
enforcement agency is known as whistle blowing. W B action is taken to prevent
illegal, immoral, illegitimate or undesirable practice and whistle blowers help to
maintain the sanctity of corporation. Whistle blowing is of two types Internal whistle
blowing and external w.b.

Q. 2 Case study: (15)

Mr. Shivprasad heads a group of companies that are diversified and quite
professionally run. He is 55 years old and has a daughter Reema aged 28 years and son
Rameshwaw aged 24 years. Reema graduate in Finance from a reputed business school.
Rameshwar graduate in Economics with average performance in studies, but he is
people oriented and has a good support with his father. Reema is professional in
approach and selective in behavior. Ranbaxy is a flagship company which is headed by
Mr. Shivprasad. He inducted Rameshwar in to the company as an HR executive.
Ranbaxy faced a financial crisis resulting in, low morale and employees turn over since
last five years. Some of the board member felt finance area should be tackled first
whereas some felt HR problems should be first solved out first. Both members agreed
on one issue employee- morale is the real priority demanding solution.

Questions:
1. Admitting own son over qualified daughter, was it a sound decision?
x
2. Discuss how would you improve company culture if you were the Chairman?
3. Comment on Leadership on Mr. Shivprasad.

SECTION II

Q. 3 Explain how inner peace contributes to the performance of an

 Indian manager in stressful corporate life. (10)
Managers face various situation in life where there are so many problems,
so many complexities and so many clashes. They be some disturbed, annoyed and
stressed. By practicing Yoga and meditation, satsang, Vipashana which can give
peace, develop the positive rays in mind and body, and develop more positive
thought to face the complicated life.
In Sannskrit Yoga means unions. Yoga unites atmaIt Yoga means unions. Yoga unites
atma with the supreme soul. It cleans mind, control thought process and thus ultimately
leads towards actual reality.Yoga consists the steps : yamas- means internal vows. It is
non killing, truthfulmness, non-stealing, continence and nor receiving are clled Yamas.,
yogasana- the postures of Yoga, pranayama – the breath control techniques, pratyachara
withdrawal of the senses, from the disturbances of external world,dharana –
concentration or focus on one object, dhayana – continuing this focus, Samadhi –
attaining the ultimate motto of Yoga becoming an enlightened personality. Meditition is
a particular state of mind in which a thoughtless pause for the mind which provide
health to the mind. By plasticizing meditation any one can face life in a better manner
because of balanced mind. The mind become purified , full of love, compassion, healthy
detachment, goodwill and joy. Such mind will always take positive action. In todays
world when it is becoming very difficult to find out stability in the external world,
people are looking inward in search of peace and harmony which they have lost in their
hectice modern life. Psychotherapist also insist on the benefits of meditation which
helps to develop a more positive attitude towards life and managers can have a stress
free., harmonious life.

Q.4 Indian festivals symbolize unity in diversity. Discuss this statement.

Multi-lingual- multi –cultural- different cultural norms- Strict social hierarchy-

Family relation based groups-family system- gender standing-legacy –education-
marriage ceremony-food- music- dance-
(10)

Q.5 Jot down the difference in family managed business and MNCs in India.
As business is concerned, family managed businesses in Indian prefer
traditional approach whereas the MNCs follows professional approach. (10)

FAMILY MANAGED BUSINESS MNCs

Traditional outlook Professional outlook
1. Ownership
 Family members managed business Business is run by the people who are
under the leadership of KARTA. & professionally qualified and capable to
after his death next generation becomes manage.
the owner and tales the lead Ownership is with shareholders

2. Leadership[ Styles People oriented and democratic.

Autocratic and benevolent autocrat
3. Decision making
Centralized leader takes the decisions. Participative – employees are also
involved.
4. Training
Training is not considered very Training is very important factor as it helps
important to run the business. to develop the human beings, leading to
higher productivity.
5. Leader
Generally family member |Quite experienced and knowledgeable
processionals.
6. Social responsibility
Sometimes does not fulfill social Generally expected to fulfill social
obligations. responsibility.
7. Communication
Downwards communication is Both upward and downward
emphasized communication tale place. The leader and
followers together are involved in the
decision making process.
8. Loyalty
Leaders expect employee loyalty to the Leaders expect employee loyalty to the
owners. organization.
9. Rewards
Years of association, loyalty to the Performance based reward system applied
owner is considered in providing
rewards
10.Liability
Leaders have unlimited liability as they Limited liability, ownership is with all the
are the owners. shareholders.

Q.6 Short notes ( any two) (10)

 a) Gurukul systems & a learning organization – In ancient times Gurukul
system system of education was existed. Students were learn by paying attention to
GURU. Nothing was in writing and the information would be passed from one
generation to the nest through verbal communication. It is a residential school in
India and students used to live in proximity to the guru. No discrimination in
gurukul all the shishyas were treated as equals irrespective of their social standing.
Students helped the guru in all daily routine work like washing clothes, cooking.
Shishyas used to get knowledge of Religion, scriptures, philosophy, literature,
warfare. Statecraft, medicine, astrology and history
b) Ecological balance -
c) Purshartha swadharma).

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October - 2012 SET -B

N. B: 1) All section I are compulsory 2) Attempt any three out of

four in section II 3) Figures to the right indicate full marks

SECTION – I
Q. 1 Explain the following terms: (15)
 1. Vasudhaiva Kutumbakam- Treat all as it is your family. SARVA LOK
HITAM (welfare of all)Basis of Indian culture is do the good things for all and not
for only oneself. At the time of King system king has to take care of his people.
Then community welfare was restricted along regional and religious line. Now the
situation is going through a transformational change. With the increasing number of
cosmopolitan cities in India also better sense of community welfare is emerging and
business people have been involved in social work like in ancient times. Under
corporate social responsibility constructions of places of worships or for travelers,
temples. Other buildings of constructions like community halls, donations to
educators.
2. Ecological responsibility
3. Varna Ashram
4. Spirituality. =It is a refined state of mind. It helps us to go beyond ourselves
treating everyone equally, paying proper respect to others. Meditation, prayers,
conservation of environment etc. are the various forms of spirituality lying within us.
Everyone follow religion to become spiritual. It helps us to analyze our own action
from a distance and rectify it if required.For some other other it is all about an eternal
quest of in search of life’s purpose, values and principles., expressing it and
demonstrating it to themselves an others.
5. Role of Karta

Q. 2 Case study:

A Child is a younger one in a family. As being younger girl child of family she is
cared as well as pampered by all. When a child was of 8 years her life was
tremendously changed. In one accident her mother died even she could not think the
meaning of death. The child was more protected by her elder brother and sister as well
as father. By this means overprotection was gained by her from her stepmother also.
After few years she become a person with soft nature and pampered young girl.
Education has not so much meaningful for her. And she spends her more time in
entertained herself with T V serials and movies. Some professional diplomas was
completed by her and never practices those work in real life.
At a particular young age she got married with a person with graduate resides in city
with good job. So, the young girl never felt to study further and do job or any kind of
business.
Life is never with same waves of joy and happiness. The day came and she collapse as
her husband was declared the employee with ( VRS) voluntary retired by the
organization where he works.
Now, the lady started doing business of cloths and readymade garment. Her catering
business also with recognition in her society and community. But there is no satisfaction
in life and job, as husband was doing nothing.
Other member of family is well settled in business and jobs as they had taken hard work
for the development rather then entertaining themselves. Frustration occurs due to the
comparison with others.

Questions: (15)

1.According to Karma theory of the Indian culture what are the responsibilities of the
Any family?
2.In modern days how people are living ( describe the lifestyle )and compare it with
past times.
3.Girls have to depend always on husband for the well being of life, Yes or No.
Prove it.

SECTION II

Q.3. Cultural background and value system mould the personality of an individual.
Discuss with example. (10)

Q.4 Festival of India depicts the culture and social values of Indians. Justify the
statement with some festivals. (10)

Q.5 The ancient scriptures state “As the king, so the people” (jaisa raja vaisi praja)
Did you think this principle is applied to modern day organization. (10)

Q.6 Short notes ( any two) (10)

a) Role of women in India

b) Indian approach to motivation
c) Indian ethos - to maintain the balance sawatwam , Indian value based time
system, emphasizes on self discipline, to accept responsibility , spiritualism &
materialism, knowledge & wisdom, values &skill.
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October - 2012 SET - C

N. B: 1) All section I are compulsory 2) Attempt any three out of

four in section II 3) Figures to the right indicate full marks

SECTION – I
Q. 1 Explain the following terms: (15)

1. Moksha.
2. Transactional Leadership
3. Values skills
4. Barter system and life
5. Indian Marriage Institution

Q. 2 Case study

From last many years the matter of Indian Education System was token up by media,
movies, Press. Whether we are producing the well educated people or machines which
can bare the impacts of modern life changes. And a serial producer has decided to
produce a serial which may change the life of Indian students which make them to
become tough and target oriented.
And a marketing research team was appointed on a special project of selection of the
specific time for the program which is educational encouragement for the Indian
students from K. G to P.G. In the program, it is like serial “GURUKUL” in which many
students are living in the Ashram and pertaining the truth, knowledge, awareness and all
skills which are required to become successful in the life. The study is the combination
of all subjects with the objectivity why to study those subjects. With pure honesty and
Indian cultural values and ethos with compare to the rest of world and the historical
impacts of the same on the national cultures. The serial was made and the producing
team has taken a challenge that if this serial will telecast on perfect time it will change
the lives of our Indian children as it does not focus only on the study only but also on
the real life of human being at different levels as well as how Yoga & Meditation
encourage our life.
After the research of two months the team can select the time.

Questions: (15)

1. Do you think the idle stories and characters are making effects on the life of students?
2. What are the impacts of serials like ‘Mahabharata’, ‘ Ramayana’ and ‘Bharat Ek
Khoj’ on the society?
3. Can we save our coming generations from Westernization and its harmful effects?

SECTION II

Q.3 “ Modern India is becoming more individualistic forgetting its own age-old
value system” Discuss. (10)

Q.4 In you view which leadership theory is most effective in India? Explain.
(10)

Q.5. Write about the contribution has been made by Chanakya in management
practices. (10)

Q.6 Short notes ( any two) (10)

a) Mind management by practice of Yoga

b) Corporate accountability
c) Nishkam Karma
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