1. Discuss the impact of economic reforms on PEs since 1991.
2. 'Legislative control becomes one of the most important and effective methods of enforcing accountability, especially in the Indian context.' Elaborate and critically analyze the statement.
3. Briefly discuss the performance evaluation of the State Electricity Boards.
4. Discuss the various methods of disinvestment and the strategic issues involved in disinvestment process.
5. Write short notes on:
(a) Restructuring
(b) Leases
(c) Joint-ventures
(d) Corporate Governance in PEs
SECTION B
Read the passages and answer the questions that follow:
(a) Bharat Bharti Udyog Nigam Ltd,
It is holding company comprising seven subsidiaries in the
eastern region including well known names like Burn Standard
Co. Ltd., Jessop & Co. Ltd., and Braithwate & Co. Lid.
Its 1990 - 91 sales turnover was Rs. 410 crores with a loss
for the year of Rs. 10.90 crores
The company's objective as given in its 1991 – 92 MOU
inter alia “is to achieve a high degree of customer satisfaction
through timely supply of quality products and services".
This was to be measured with reference to delivery/erection
commitments of various products and services on a five-point
scale with a weight of 10%.
Do you think that the company's objective is appropriate in
the present context? Comment.
(b) Andrew Yule & Co. Ltd.
This old British Managing Agency house became a government company
in 1979. It is a multi-unit, multi–product conglomerate
with five subsidiaries and a gross turnover of Rs. 325 crores
in 1990 - 91.
The company's MOU attached 5% weight to customer satisfaction
measured with reference to liquidated damages and free rectification
and replacement colt as a percentage of turnover. The
Company’s aim was to reduce it from 40% in 1990-91 to
36% in 1991-92. The company wanted its marketing efforts to
be judged with reference to (i) total orders booked during the
year, selling and marketing cost, and (iii) number of products
launched, with an overall weight of 8%.
Comment on the marketing efforts of the company keeping in mind the customers’ perspective.