18-1141

CENTRAL INSTITUTE OF PETROCHEMICALS ENGINEERING & TECHNOLOGY

HEAD OFFICE : GUINDY, CHENNAI – 600 032.
ACADEMIC CELL
SUPPLEMENTARY EXAMINATION – DECEMBER - 2021

Duration : 3 Hours Max. Marks: 60

Course : DPT (Fourth Semester) 2018 Syllabus Date : 20.12.2021
Subject : Industrial Management & Entrepreneurship Time : 02.00 p.m. to 05.00 p.m.
______________________________________________________________________________________
(DO NOT CHANGE SEQUENCE OF QUESTION NUMBER IN ANSWER SCRIPT)
PART – A
Answer all questions 30 x 1 = 30

1. Use of statistical techniques to industrial products is helpful in

a) Judging conformance or nonconformance of the products b) Improving quality standards
c) Maintaining quality standards d) maintaining and improving quality standards
2. Membership of Quality circle is Mandatory - Say True or False
3. Do it Right first time, ______________ reflects an integral approach to Quality Management.
4. Every manufacturing process is subjected to variability - Say True or False
5. TQM Means_______________________.
6. The cost associated with the defective products being shipped to the customers are called
as________.
7. Quality of design depends on the quality of conformance. Say True or False
8. _______________ can be achieved only through total employee involvement.
9. Sales – cost of goods sold is equal to __________.
(a) Direct cost (b) Factory cost (c) Profit or loss (d) Indirect cost
10. ABC analysis deals with ________
(a) analysis of process chart (b) flow of material
(b) ordering job schedule (d) controlling inventory costs money
11. BEP stands for _________.
12. Personnel Allowance is allowed to overcome the tiredness - Say True or False.
13. Office Rent is an example of __________________.
a) Variable cost b) Fixed Cost c) Semi variable cost d) None
14. Bin card records Quantity while store ledger records _________.
(a) Consumption (b) Material Issue only (c) Quantity with value (d) Material receipt only
15. LIFO is ______________.
16. Two popular methods of wages payment are _______
(a) Monthly wages (b) Time rate and piece rate (c) Daily wages (d) Hourly wages
17. Staffing is a function of _________.
(a) Employee (b) Manager (c) Promoter (d) Management
18. How many levels of Management have?
19. Entrepreneur is a person __________.
(a) who joins a business (b) who starts a business
(c) Who starts financing (d) Who takes loan
20. Autocratic and Democratic are two styles of __________.
21. Which one of these is used for motivation?
(a) job simplification (b) job rotation (c) job enlargement (d) job enrichment
22. Entrepreneurs are best as:
(a) Managers (b) Venture capitalists (c) Planners (d) Doers
23. __________ means the willingness on the part of the employee to obey the rules and producers of
the organization.
24. What is meant by Kaizen?
a) card signal b) to avoid inadvertent errors c) change for better quality d) none of the above
25. TQM & ISO both focuses on Customer - Say True or False.
26. Which one of the following is not an element of empowerment?
(a) delegation of authority (b) goal setting (c) self – management (d) control mechanism
27. The amount of work expected of from a man by his superior is called _______.
(a) Power (b) Responsibility (c) Production (d) Delivery
28. Selection and staffing are the functions of.
(a) Sales Manager (b) Works Manager (c) HR (d) Director
29. Intermittent Production consists of Job Production and _____________.
30. The number of persons reporting directly to a superior person is called _________.
(a) Communicating (b) coordinating (c) span of control (d) control
 18-1141
PART – B
Answer all questions (Max. 40 words) 4x2=8

1. What is inventory control?

2. What is Break even point?
3. What are the 5 Types of scientific methods as per F.W. Taylor scientific management?
4. Define prevention cost.

PART – C
Answer any four questions (Max. 100 words) 4 x 3 = 12
1. Write the difference between small scale industry and large scale industry.
2. What are the various sources to obtain financial assistance for a small industry, explain any one
sources?
3. Write atleast 7 Henri Fayol Principles of Management and Explain each.
4. Define overhead. Describe the various types of overhead.
5. What is inventory control? Describe various function of inventory control

PART – D
Answer any two questions (Max. 300 words) 2 x 5 = 10
1. What is meant by Quality circles? What are its objectives?
2. What are the various elements and applications of ISO 9001?
3. Describe the importance of Scientific Management.

**********************