MANAGEMENT ADVISORY SERVICES

First Preboard Examinations (October 2Al7 Batch)

16 July 2Al7 .8:00 AM to 11:00 AM
Page 6
32 ' A coniman approach to achieving the goal of Total
Quality Management
(TQM) is conti-nuous Tmprovement. wirlcn of the following
desc.ibes the i-ntended changes and improvement effort? correctly
a' Kaizen (radical), business process reengineering {radicar)
b' Kaizen (radicar), business process ru"rrgirr..rinj (gradual)
c.
-; Kaizen (gradual), business process reengineering (radicar-)
(di Kaizen (gradual). business process reengine"ring (qraduari
33. Which of the following 1s correctly associated with
regression analysis? multiple
a, Y : a + bX
b Mu j t-ip1_e dependent variabl_es
c. Multiple independent variables
d. Multiple dependert and independent variabl-es
34 Whrch economic market structure has NO barrier Lo entry and exit?
a. Monopoly
b. Cligopoly
A Per f ect r:ompet j-t ion
d. Monopolistic competition
35 Whj.ch "e-y-1]_g3-t-5l+ technique mav always be i-ncluded in the
-tt,"-Toorl responsibiliLy performance
report ;ilf- of centers (i.
"i-
revenue, profit, investment) ?
e- , cost,
a. Residua,I income
f_ncome statement
"hi
(/ varl_ance anal ysi s
ci. Return on investment
36 - 'r'iie r:ondensed monthli; estirnatecr income data
presented in the fol}owing table for June 2OI-/: f o:: An1_ -Man Stores aIe
SaIes
LEISy1Qlore- -- Downtown Store Total
P 80,000 P 110,000 P 200,000
- VariabJ e Expenses 32,00o _ 81, 0!{r 116,000
ConEribution Margin P 49, 000 P 36,000 P 84,000
- Fi xed Expenses __"q 3q! 40,000
operating Income P.J..?-, a--a_9-
_ 60,000
(P. t_!.=q!_) P-,24-4.q9g
Addi tional inlr:rma tion
1) Management ettimat"s that closing the downtown
in a 10t decrease in uptown store sares, while store would result
crosing
store would not affect downtown store sal-es the mar_r
2 ) one-fourth of each store' s f ixe,c expenses wou-ld continue through
December 31, Z}lj if ej ther store were cl_osed.
3 ) The operating resul'ts for June 2071 are represeritatives of al1
months

How much is the decrease in Ant-Man monthly operating income

2071 if the Downtown Store is closed ? du.::ing
a. P 6,600
0 P 10,900
P 25,2A0
d. P 40, 800
3l Which of the followj_ng is NQT an es-sential_ aspect. of a good
feasibl]ity proj ect-
study?
a. Marketing'
o. '1'echnrcal
c. Financial-
Environmental