Series: OCT 2022

Search 500 + past questions and counting.

QMDDM – OCT 2022 – L2 – Q3 – Digital TV Subscription Transition Analysis

Given a transition matrix for subscribers between Star-Television, Multi-Television, and none, with initial populations, compute the subscriber numbers after 3 years, 5 years, and the long-run equilibrium.

Question

Two competing companies ( Star-Television and Multi-Television) offer digital television service to
a city of 100,000 households. The changes in digital TV subscriptions each year are shown by the
transition matrix P below:

S M None

0.70 0.15 0.15

0.20 0.80 0.15

0.10 0.05 0.70

P M

None

The current populations in the three states is

15,000

20,000

65,000

(a) If P remains the same year after year, find the number of subscribers after
(i) 3 years (ii) 5 years (b) If P remains the same year after year, find the number of subscribers in the long run.

Answer

Find Related Questions by Tags, levels, etc.

Tags: decision making under uncertainty, Markov chains, probability distributions, steady state equilibrium, subscriber forecasting, transition matrix
Level: Level 2

QM – OCT 2022 – L2 – Q2 – Summary Statistics for Weekly Food Expenditure

Using data on weekly food expenditures from families in Accra, calculate the 20th and 80th percentiles, interquartile range, mean, median, standard deviation, and coefficient of skewness; provide a brief description and interpretation of these statistics in the context of the survey results.

Question

The following data were obtained from a survey requesting Thirty (30) different families in Accra
to list their weekly expenditure on food:

105 85 72 64 106 86 87 78 108 145 102 86 74 72 103 94 63 73 89 75 88 88 107 101

(a) Calculate

(i) The 20th percentile expenditures (ii) The 80th percentile expenditures (iii) The interquartile range

(b) Calculate

(i) The mean (ii) Median (iii) Standard deviation (iv) Coefficient of skewness

(c) Write a brief description of the survey results; interpret each of the values of the

statistics in (a) and (b) above

Answer

Find Related Questions by Tags, levels, etc.

Tags: coefficient of skewness, data interpretation, food expenditure survey, household finance, interquartile range, Mean, Median, percentiles, Standard Deviation
Level: Level 2

POM – OCT 2022 – L1 – Q8 – Total Quality Management in Microfinance

Present reasons for preferring TQM, explain characteristics of quality for TQM planning, and factors influencing TQM success in addressing microfinance challenges like queues and staff issues.

Question

Digitized Microfinance Company Limited is encountering quality management challenges and asa result, the top twenty (20) profitable customers are threatening to close their accounts if solutionsare not forthcoming. The challenges are:

(i) Long queues in the ten (10) banking halls,

(ii) High incidence of idle time of ATMs,

(iii) High tardiness among tellers and

(iv) Staff ignorance of policies and standard operating procedures.

The management of Digitized Microfinance Company Limited has approached you to use Total Quality Management (TQM) skills to rectify the situation.

(a) Make a presentation to the management stating five (5) reasons why TQM is preferred to any other management concept? [5 Marks]

(b) List and explain five (5) characteristics of quality that can be considered in the planning and designing of the TQM programme? [10 Marks]

(c) List and explain five (5) factors that can influence the success of the TQM implementation? [10 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Characteristics of Quality, Microfinance, Quality Challenges, Success Factors, Total Quality Management
Level: Level 1

Topic: TECHNIQUES AND TOOLS OF MANAGEMENT
Series: OCT 2022

POM – OCT 2022 – L1 – Q7 – Strategies for Pension Company Management

As General Manager of Awake Pension Company, describe strategies to address high customer complaints, staff conflicts, limited knowledge of organizational design, no strategic direction, and high attrition.

Question

The Board of Directors of Awake Pension Company in Ho has hired you as the General Manager. Upon assumption of duty, you made this observation in the Awake Pension Company:

(a) High customer complaints,

(b) High incidence of conflict among staff,

(c) Staff limited knowledge of importance of the organizational design,

(d) No strategic direction and

(e) High staff attrition rate.

As the General Manager, describe strategies you will operationalize to rectify these anomalies in the Awake Pension Company?

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Conflict, Customer Complaints, Organizational Design, Pension Company, Staff Attrition, Strategic Direction
Level: Level 1

Topic: CUSTOMER RELATION
Series: OCT 2022

POM – OCT 2022 – L1 – Q6 – Functional Areas of Management

Write short notes on key functional areas: Organizational Behaviour, Marketing Management, Production Management, Operations Management, and Human Resource Management.

Question

Write short notes on the following functional areas of Management:

(a) Organizational Behaviour [5 Marks]

(b) Marketing Management [5 Marks]

(c) Production Management [5] Marks

(d) Operations Management [5 Marks]

(e) Human Resource Management [5 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Human Resource Management, Marketing Management, Operations Management, Organizational Behaviour, Production Management
Level: Level 1

Topic: GENERAL MANAGEMENT PRACTICES
Series: OCT 2022

POM – OCT 2022 – L1 – Q5 – Planning and Controlling Functions

Distinguish between planning and controlling, list reasons for planning, and describe limitations of planning in banks.

Question

Every employee is required to perform basic management functions such as planning, organizing, directing and controlling functions at the workplace.

(a) Distinguish between “Planning” and “Controlling” at the workplace? [5 marks]

(b) List five (5) reasons associated with planning at the workplace? [10 Marks]

(c) Describe five (5) limitations linked to planning in banks? [10 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Controlling, Limitations, Planning, Reasons for Planning, Workplace Management
Level: Level 1

Topic: MANAGERIAL FUNCTIONS
Series: OCT 2022

POM – OCT 2022 – L1 – Q4 – Organizing Function in Business

Explain and differentiate organizing and organization, elements for designing a bank's structure, and benefits of organizational structure in banking.

Question

Organizing function in any business organization serves as the “architect” that facilitates the implementation of the game plan and for that matter the achievement of the strategic direction.

(a) In your own words how will you explain and differentiate between these two concepts: “Organizing” and “Organization”? [5 Marks]

(b) State and briefly explain five (5) elements you will consider when designing an organizational structure for a named bank in Ghana? [10 Marks]

(c) Describe five (5) benefits associated with organizational structure of a bank? [10 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bank Design, Benefits, Organization, Organizational Structure, Organizing
Level: Level 1

Topic: MANAGERIAL FUNCTIONS
Series: OCT 2022

POM – OCT 2022 – L1 – Q2 – Organizational Culture in Banking Competition

Discuss how organizational culture can help a named Ghanaian bank compete in the dynamic financial sector, especially against stiff competition through innovation and agility.

Question

The savings and loans company wing of the financial and banking industry of Ghana continues to face stiff competition from other financial institutions; and as a result, the former must search for innovative strategies, including digitalization to remain agile and competitive.

Discuss means through which organizational culture can facilitate a named bank in Ghana to compete in this dynamic financial landscape?

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Followership, Leadership, Management, Sources of Power, Strategies, Visionary Leadership
Level: Level 1

Topic: MANAGERIAL FUNCTIONS
Series: OCT 2022

POM – OCT 2022 – L1 – Q1 – Business Environment in Banking

Discuss the external and internal environments of a bank, factors influencing them, and how SWOT analysis can drive changes in Ghana's banking sector.

Question

The Ghanaian business environment has become very dynamic, hence all managers of business

organizations must be conversant with the factors, rate of change and effects on the economy.

(a) Describe what is meant by the external environment and the internal environment of a named bank? [5 Marks]

(b) List any three (3) factors of the internal environment and two (2) factors of the external environment and mention their importance in managing a bank? [10 Marks]

(c) List and explain with examples, how SWOT Analysis can bring about change(s) of the banking industry of Ghana? [10 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Industry, External Environment, Ghanaian economy, Internal Environment, SWOT Analysis
Level: Level 1

Topic: INTRODUCTION TO MANAGEMENT
Series: OCT 2022

PBL – OCT 2022 – L1 – Q8 – Rule in Rylands v Fletcher and Defences

Discuss the Rule in Rylands v Fletcher and available defences.

Question

(a) Discuss the Rule in Ryland’s v. Fletcher 1868. (10 marks)

(b) What are the Defences available to the Rule in Ryland’s .V. Fletcher? (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Defences, Non-Natural Use of Land, Rylands v Fletcher, Strict Liability, Tort Law
Level: Level 1

Topic: Law of Tort
Series: OCT 2022

QMDDM – OCT 2022 – L2 – Q3 – Digital TV Subscription Transition Analysis

Given a transition matrix for subscribers between Star-Television, Multi-Television, and none, with initial populations, compute the subscriber numbers after 3 years, 5 years, and the long-run equilibrium.

Question

S M None

0.70 0.15 0.15

0.20 0.80 0.15

0.10 0.05 0.70

P M

None

The current populations in the three states is

15,000

20,000

65,000

Answer

Find Related Questions by Tags, levels, etc.

Tags: decision making under uncertainty, Markov chains, probability distributions, steady state equilibrium, subscriber forecasting, transition matrix
Level: Level 2

QM – OCT 2022 – L2 – Q2 – Summary Statistics for Weekly Food Expenditure

Using data on weekly food expenditures from families in Accra, calculate the 20th and 80th percentiles, interquartile range, mean, median, standard deviation, and coefficient of skewness; provide a brief description and interpretation of these statistics in the context of the survey results.

Question

The following data were obtained from a survey requesting Thirty (30) different families in Accra
to list their weekly expenditure on food:

105 85 72 64 106 86 87 78 108 145 102 86 74 72 103 94 63 73 89 75 88 88 107 101

(a) Calculate

(i) The 20th percentile expenditures (ii) The 80th percentile expenditures (iii) The interquartile range

(b) Calculate

(i) The mean (ii) Median (iii) Standard deviation (iv) Coefficient of skewness

(c) Write a brief description of the survey results; interpret each of the values of the

statistics in (a) and (b) above

Answer

Find Related Questions by Tags, levels, etc.

Tags: coefficient of skewness, data interpretation, food expenditure survey, household finance, interquartile range, Mean, Median, percentiles, Standard Deviation
Level: Level 2

POM – OCT 2022 – L1 – Q8 – Total Quality Management in Microfinance

Present reasons for preferring TQM, explain characteristics of quality for TQM planning, and factors influencing TQM success in addressing microfinance challenges like queues and staff issues.

Question

(i) Long queues in the ten (10) banking halls,

(ii) High incidence of idle time of ATMs,

(iii) High tardiness among tellers and

(iv) Staff ignorance of policies and standard operating procedures.

The management of Digitized Microfinance Company Limited has approached you to use Total Quality Management (TQM) skills to rectify the situation.

(a) Make a presentation to the management stating five (5) reasons why TQM is preferred to any other management concept? [5 Marks]

(b) List and explain five (5) characteristics of quality that can be considered in the planning and designing of the TQM programme? [10 Marks]

(c) List and explain five (5) factors that can influence the success of the TQM implementation? [10 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Characteristics of Quality, Microfinance, Quality Challenges, Success Factors, Total Quality Management
Level: Level 1

Topic: TECHNIQUES AND TOOLS OF MANAGEMENT
Series: OCT 2022

POM – OCT 2022 – L1 – Q7 – Strategies for Pension Company Management

As General Manager of Awake Pension Company, describe strategies to address high customer complaints, staff conflicts, limited knowledge of organizational design, no strategic direction, and high attrition.

Question

The Board of Directors of Awake Pension Company in Ho has hired you as the General Manager. Upon assumption of duty, you made this observation in the Awake Pension Company:

(a) High customer complaints,

(b) High incidence of conflict among staff,

(c) Staff limited knowledge of importance of the organizational design,

(d) No strategic direction and

(e) High staff attrition rate.

As the General Manager, describe strategies you will operationalize to rectify these anomalies in the Awake Pension Company?

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Conflict, Customer Complaints, Organizational Design, Pension Company, Staff Attrition, Strategic Direction
Level: Level 1

Topic: CUSTOMER RELATION
Series: OCT 2022

POM – OCT 2022 – L1 – Q6 – Functional Areas of Management

Write short notes on key functional areas: Organizational Behaviour, Marketing Management, Production Management, Operations Management, and Human Resource Management.

Question

Write short notes on the following functional areas of Management:

(a) Organizational Behaviour [5 Marks]

(b) Marketing Management [5 Marks]

(c) Production Management [5] Marks

(d) Operations Management [5 Marks]

(e) Human Resource Management [5 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Human Resource Management, Marketing Management, Operations Management, Organizational Behaviour, Production Management
Level: Level 1

Topic: GENERAL MANAGEMENT PRACTICES
Series: OCT 2022

POM – OCT 2022 – L1 – Q5 – Planning and Controlling Functions

Distinguish between planning and controlling, list reasons for planning, and describe limitations of planning in banks.

Question

Every employee is required to perform basic management functions such as planning, organizing, directing and controlling functions at the workplace.

(a) Distinguish between “Planning” and “Controlling” at the workplace? [5 marks]

(b) List five (5) reasons associated with planning at the workplace? [10 Marks]

(c) Describe five (5) limitations linked to planning in banks? [10 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Controlling, Limitations, Planning, Reasons for Planning, Workplace Management
Level: Level 1

Topic: MANAGERIAL FUNCTIONS
Series: OCT 2022

POM – OCT 2022 – L1 – Q4 – Organizing Function in Business

Explain and differentiate organizing and organization, elements for designing a bank's structure, and benefits of organizational structure in banking.

Question

Organizing function in any business organization serves as the “architect” that facilitates the implementation of the game plan and for that matter the achievement of the strategic direction.

(a) In your own words how will you explain and differentiate between these two concepts: “Organizing” and “Organization”? [5 Marks]

(b) State and briefly explain five (5) elements you will consider when designing an organizational structure for a named bank in Ghana? [10 Marks]

(c) Describe five (5) benefits associated with organizational structure of a bank? [10 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Bank Design, Benefits, Organization, Organizational Structure, Organizing
Level: Level 1

Topic: MANAGERIAL FUNCTIONS
Series: OCT 2022

POM – OCT 2022 – L1 – Q2 – Organizational Culture in Banking Competition

Discuss how organizational culture can help a named Ghanaian bank compete in the dynamic financial sector, especially against stiff competition through innovation and agility.

Question

Discuss means through which organizational culture can facilitate a named bank in Ghana to compete in this dynamic financial landscape?

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Followership, Leadership, Management, Sources of Power, Strategies, Visionary Leadership
Level: Level 1

Topic: MANAGERIAL FUNCTIONS
Series: OCT 2022

POM – OCT 2022 – L1 – Q1 – Business Environment in Banking

Discuss the external and internal environments of a bank, factors influencing them, and how SWOT analysis can drive changes in Ghana's banking sector.

Question

The Ghanaian business environment has become very dynamic, hence all managers of business

organizations must be conversant with the factors, rate of change and effects on the economy.

(a) Describe what is meant by the external environment and the internal environment of a named bank? [5 Marks]

(b) List any three (3) factors of the internal environment and two (2) factors of the external environment and mention their importance in managing a bank? [10 Marks]

(c) List and explain with examples, how SWOT Analysis can bring about change(s) of the banking industry of Ghana? [10 Marks]

[Total Marks – 25]

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Industry, External Environment, Ghanaian economy, Internal Environment, SWOT Analysis
Level: Level 1

Topic: INTRODUCTION TO MANAGEMENT
Series: OCT 2022

PBL – OCT 2022 – L1 – Q8 – Rule in Rylands v Fletcher and Defences

Discuss the Rule in Rylands v Fletcher and available defences.

Question

(a) Discuss the Rule in Ryland’s v. Fletcher 1868. (10 marks)

(b) What are the Defences available to the Rule in Ryland’s .V. Fletcher? (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Defences, Non-Natural Use of Land, Rylands v Fletcher, Strict Liability, Tort Law
Level: Level 1

Topic: Law of Tort
Series: OCT 2022

Series: OCT 2022

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

QMDDM – OCT 2022 – L2 – Q3 – Digital TV Subscription Transition Analysis

Given a transition matrix for subscribers between Star-Television, Multi-Television, and none, with initial populations, compute the subscriber numbers after 3 years, 5 years, and the long-run equilibrium.

You're reporting an error for "QMDDM – OCT 2022 – L2 – Q3 – Digital TV Subscription Transition Analysis"

QM – OCT 2022 – L2 – Q2 – Summary Statistics for Weekly Food Expenditure

Using data on weekly food expenditures from families in Accra, calculate the 20th and 80th percentiles, interquartile range, mean, median, standard deviation, and coefficient of skewness; provide a brief description and interpretation of these statistics in the context of the survey results.

You're reporting an error for "QM – OCT 2022 – L2 – Q2 – Summary Statistics for Weekly Food Expenditure"

POM – OCT 2022 – L1 – Q8 – Total Quality Management in Microfinance

Present reasons for preferring TQM, explain characteristics of quality for TQM planning, and factors influencing TQM success in addressing microfinance challenges like queues and staff issues.

You're reporting an error for "POM – OCT 2022 – L1 – Q8 – Total Quality Management in Microfinance"

POM – OCT 2022 – L1 – Q7 – Strategies for Pension Company Management

As General Manager of Awake Pension Company, describe strategies to address high customer complaints, staff conflicts, limited knowledge of organizational design, no strategic direction, and high attrition.

You're reporting an error for "POM – OCT 2022 – L1 – Q7 – Strategies for Pension Company Management"

POM – OCT 2022 – L1 – Q6 – Functional Areas of Management

Write short notes on key functional areas: Organizational Behaviour, Marketing Management, Production Management, Operations Management, and Human Resource Management.

You're reporting an error for "POM – OCT 2022 – L1 – Q6 – Functional Areas of Management"

POM – OCT 2022 – L1 – Q5 – Planning and Controlling Functions

Distinguish between planning and controlling, list reasons for planning, and describe limitations of planning in banks.

You're reporting an error for "POM – OCT 2022 – L1 – Q5 – Planning and Controlling Functions"

POM – OCT 2022 – L1 – Q4 – Organizing Function in Business

Explain and differentiate organizing and organization, elements for designing a bank's structure, and benefits of organizational structure in banking.

You're reporting an error for "POM – OCT 2022 – L1 – Q4 – Organizing Function in Business"

POM – OCT 2022 – L1 – Q2 – Organizational Culture in Banking Competition

Discuss how organizational culture can help a named Ghanaian bank compete in the dynamic financial sector, especially against stiff competition through innovation and agility.

You're reporting an error for "POM – OCT 2022 – L1 – Q2 – Organizational Culture in Banking Competition"

POM – OCT 2022 – L1 – Q1 – Business Environment in Banking

Discuss the external and internal environments of a bank, factors influencing them, and how SWOT analysis can drive changes in Ghana's banking sector.

You're reporting an error for "POM – OCT 2022 – L1 – Q1 – Business Environment in Banking"

PBL – OCT 2022 – L1 – Q8 – Rule in Rylands v Fletcher and Defences

Discuss the Rule in Rylands v Fletcher and available defences.

You're reporting an error for "PBL – OCT 2022 – L1 – Q8 – Rule in Rylands v Fletcher and Defences"

QMDDM – OCT 2022 – L2 – Q3 – Digital TV Subscription Transition Analysis

Given a transition matrix for subscribers between Star-Television, Multi-Television, and none, with initial populations, compute the subscriber numbers after 3 years, 5 years, and the long-run equilibrium.

You're reporting an error for "QMDDM – OCT 2022 – L2 – Q3 – Digital TV Subscription Transition Analysis"

QM – OCT 2022 – L2 – Q2 – Summary Statistics for Weekly Food Expenditure

Using data on weekly food expenditures from families in Accra, calculate the 20th and 80th percentiles, interquartile range, mean, median, standard deviation, and coefficient of skewness; provide a brief description and interpretation of these statistics in the context of the survey results.

You're reporting an error for "QM – OCT 2022 – L2 – Q2 – Summary Statistics for Weekly Food Expenditure"

POM – OCT 2022 – L1 – Q8 – Total Quality Management in Microfinance

Present reasons for preferring TQM, explain characteristics of quality for TQM planning, and factors influencing TQM success in addressing microfinance challenges like queues and staff issues.

You're reporting an error for "POM – OCT 2022 – L1 – Q8 – Total Quality Management in Microfinance"

POM – OCT 2022 – L1 – Q7 – Strategies for Pension Company Management

As General Manager of Awake Pension Company, describe strategies to address high customer complaints, staff conflicts, limited knowledge of organizational design, no strategic direction, and high attrition.

You're reporting an error for "POM – OCT 2022 – L1 – Q7 – Strategies for Pension Company Management"

POM – OCT 2022 – L1 – Q6 – Functional Areas of Management

Write short notes on key functional areas: Organizational Behaviour, Marketing Management, Production Management, Operations Management, and Human Resource Management.

You're reporting an error for "POM – OCT 2022 – L1 – Q6 – Functional Areas of Management"

POM – OCT 2022 – L1 – Q5 – Planning and Controlling Functions

Distinguish between planning and controlling, list reasons for planning, and describe limitations of planning in banks.

You're reporting an error for "POM – OCT 2022 – L1 – Q5 – Planning and Controlling Functions"

POM – OCT 2022 – L1 – Q4 – Organizing Function in Business

Explain and differentiate organizing and organization, elements for designing a bank's structure, and benefits of organizational structure in banking.

You're reporting an error for "POM – OCT 2022 – L1 – Q4 – Organizing Function in Business"

POM – OCT 2022 – L1 – Q2 – Organizational Culture in Banking Competition

Discuss how organizational culture can help a named Ghanaian bank compete in the dynamic financial sector, especially against stiff competition through innovation and agility.

You're reporting an error for "POM – OCT 2022 – L1 – Q2 – Organizational Culture in Banking Competition"

POM – OCT 2022 – L1 – Q1 – Business Environment in Banking

Discuss the external and internal environments of a bank, factors influencing them, and how SWOT analysis can drive changes in Ghana's banking sector.

You're reporting an error for "POM – OCT 2022 – L1 – Q1 – Business Environment in Banking"

PBL – OCT 2022 – L1 – Q8 – Rule in Rylands v Fletcher and Defences

Discuss the Rule in Rylands v Fletcher and available defences.

You're reporting an error for "PBL – OCT 2022 – L1 – Q8 – Rule in Rylands v Fletcher and Defences"

Our offerings

Community

Contact Info

Customer

Get In Touch

admin

Pick a Form