Unit 3

1.What is the meaning of Financial management?

2.What is the scope of financial management?

3. What is profit maximization

4.what is wealth management

5.Write about future value.

6.what is the significance of cost of value ?

7.write about weighted average cost of capital

8.What is the nature of capital budgeting decisions?

9.Mention any two advantages of IRR

ESSAYS

1. What is financial management?What are the important decisions taken up by financial manager in an

organisation?(objectives of fm)

 Funds Raising

 Funds Allocation

 Profit Planning-Profit planning helps to anticipate the relationships between volume, costs and profits
and develop action plans to face unexpected surprises.

 Understanding Capital Markets

2.write about profit maximization and wealth maximization

 Profit Maximization

 Objections to Profit Maximization

 Maximizing Profit After Taxes

 Maximizing EPS

 Shareholder Wealth Maximization (SWM)

 Need for a Valuation Approach

 Risk-return Trade-off
3.Write about present value and future value

4.What is capital budgeting?Write about different capital budgeting techniques with merits and
demerits .
 UNIT 4

Essays

1) Nature and Scope of HRM

2)Explain different functions performed by HRM department in an organization

HRM FUNCTIONS

Henry Mintzberg identified 10 roles (read functions) which managers play in organizations. A typical
manager, according to Mintzberg, acts as a monitor, disseminator, spokesperson, figure-head, leader,
liaison, entrepreneur, disturbance handler, resource allocator and negotiator. He classifies these ten
roles into three broad categories: first three together are called informational role, next three constitute
the interpersonal role, and the decisional roleincludes the remaining four. In the same vein, one can
attempt to isolate the typical functions of HRM. Eight key HRM functions together with policies,
programmes and practices have been identified, each containing alternatives from which managers can
choose. The functions are:

• Planning: Preparing forecasts of future HR needs in the light of an organisation’s environment, mission
and objectives, strategies, and internal strengths and weaknesses, including its structure, culture,
technology and leadership.

• Staffing: Obtaining people with the appropriate skills, abilities, knowledge and experience to fill jobs in
the work organisation. Key practices are human resource planning, job analysis, recruitment and
selection.

• Developing: Analysing learning requirements to ensure that employees possess the knowledge and
skills to perform satisfactorily in their jobs or to advance in the organisation. Performance appraisal can
identify employees’ key skills and ‘competencies’.

• Monitoring: The design and administration of reward systems. HR practices include job evaluation,
performance appraisal, pay andbenefits.

• Maintaining: The administration and monitoring of workplace safety, health, and welfare policies to
retain a competent workforce and comply with statutory standards and regulations.

• Managing relationships: Encompasses a range of employee involvement/participation schemes in non-

union or union work places. In a union environment this includes negotiating contracts and
administering the collective agreement.

• Managing change: This involves helping others to envision the future, communicating this vision,
setting clear expectations for performance and developing the capability to reorganize people and
reallocate other resources.
• Evaluating: Designing the procedures and processes that measure, evaluate and communicate the
value-added component of HR practices and the entire HR system to the organisation. (See also Fig 1.2)
We made a mention about doables and deliverables earlier. As stated earlier, doables include routine
activities and competence building pursuits constitute the deliverables. Now, the eight functions listed
above cover both doables as well as deliverables.

3) What Is HR planning in an organisation.

4)Write about Recruitment process

5)Write about selection

6) what is performance appraisal How performance appraisal takes place in an organisation

7) Different methods in an appraisal process

8)Write about theories of appraisal

Shorts

1)Objectives of HRM

2)Importance of HR planning

3)Importance of Recruitment
4)What is motivation

5)Nature of Training and development