PMS Business Administration Past Paper 2023 PDF
PUNJAB PUBLIC SERVICE COMMISSION
Combined Competitive Examination (CCE) 2023
For Recruitment to the Posts of Provincial Management Service (PMS)
SUBJECT: Business Administration (Paper-1)
Time Allowed: 3 Hours
Maximum Marks: 100
Attempt FIVE questions in all. Attempt in Urdu or English.
Q1. Organizational culture vis-à-vis national culture is the values and attitudes shared by individuals from a specific country that shape their behavior and their beliefs about what is important. The most valuable framework to help managers better understand differences between national cultures was developed by Geert Hofstede. Briefly explain Hofstede’s cultural dimensions and their impact on managers’ decision-making.
Q2. (a) Discuss the three contingency factors that influence the process of developing plans.
(b) Define management by objective (MBO). List down the steps involved in MBO.
Q3. Define the following:
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Job Analysis
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Formalization
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Mechanistic Vs Organic Structure
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Contingent Worker
Q4. a) How can Maslow’s Hierarchy of Needs Theory be applied to Pakistani workers?
b) Give a comparison of Theory X and Theory Y. Which theory do you prefer and why?
Q5. Define the following:
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charismatic leader
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autocratic vs democratic leadership
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Transformational Leadership
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Expectancy Theory
Q6. What is organizational performance? What are the measures available for Pakistani managers to measure their organization’s performance? Briefly describe the role of financial ratios in this regard.
Q7. Define the following:
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Feedforward Control
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Organizational Effectiveness
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Progressive disciplinary action
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Balance Scorecard
Q8. Describe in detail how does PERT network analysis work?
SUBJECT: Business Administration (Paper-II)
Time Allowed: 3 Hours
Maximum Marks: 100
PART-I: Marketing (50 Marks)
NOTE: Attempt any FIVE questions. Attempt at least TWO questions from each part including Question No. 9 (Compulsory). Calculator allowed (non-programmable). Attempt in Urdu or English.
Q.1 Explain the importance of understanding the marketplace and customers. Also identify the five core marketplace concepts. (20 Marks)
Q.2 Explain what market segmentation is and why segmentation based only on a few demographic factors may be disappointing. (20 Marks)
Q.3 Explain the difference between a brand name and a trademark. List five brand names and their associated products. Also evaluate strengths and weaknesses of brand names. (20 Marks)
Q.4 Explain various pricing strategies in detail. (20 Marks)
Q.5 Promotion has been criticized in many cases. Which types of promotion are usually criticized? Give examples. (20 Marks)
PART-II: FINANCIAL MANAGEMENT (50 Marks)
NOTE: Attempt any FOUR questions including Question No. 6 (Compulsory). Use calculator (non-programmable). Attempt in Urdu or English.
Q.6 Explain the Capital Asset Pricing Model (CAPM). Also discuss its assumptions with diagram. (20 Marks)
Q.7 A company has annual credit sales of Rs. 40,000,000 and gross profit margin of 20%. Current assets are Rs. 8,000,000, current liabilities Rs. 6,000,000, inventories Rs. 3,000,000 and cash Rs. 1,000,000.
(a) Calculate average inventory if inventory turnover is 4.
(b) Calculate number of days required to collect receivables if Rs. 5,000,000 is invested in receivables (360 days year).
(20 Marks)
Q.8 Sales of a firm are:
April = 65,000
May = 60,000
June = 70,000
July = 100,000
August = 100,000
Half sales are cash and remaining collected evenly over next 2 months. Calculate expected cash receipts for June, July, and August.
Also explain difference between cash inflows and outflows with reference to cash flow statement. (20 Marks)
Q.9 (COMPULSORY)
Johar Trading Company equity:
Common stock (Rs.8 par value) = 2,000,000
Additional paid-in capital = 1,600,000
Retained earnings = 8,400,000
Total equity = 12,000,000
Market price per share = Rs.60
(a) Explain effect of:
(i) 10% stock dividend
(ii) 2-for-1 stock split
(iii) 1-for-2 reverse stock split
(b) After 10% stock dividend, what should be the share price (no signaling effect)? What happens if signaling effect exists? (20 Marks)
OR (Alternative Question)
Bell Manufucturing is attempting to choose the better of two mutually exclusive projects for expanding the firm’s warehouse capacity. The relevant cash flows for the projects are shown in the following table. The firm’s cost of capital is 15%.
Project X and Project Y Cash Flows Table
Year |
Project X (Rs) |
Project Y (Rs) |
|---|---|---|
0 (Initial Investment CF₀) |
(500,000) |
(325,000) |
1 |
100,000 |
140,000 |
2 |
120,000 |
120,000 |
3 |
150,000 |
95,000 |
4 |
190,000 |
70,000 |
5 |
250,000 |
50,000 |
