Business Administration

Discuss importance of planning in organizations. Briefly describe types of plans.

What criticism has been levelled against scientific approach to management? How the scientific approach to management is compared with behavioural approach?

Briefly comment upon contemporary theories of motivation.

Briefly describe how marketing strategy is formulated?

Discuss product attributes. Product can be differentiated on the basis of product attributes. Explain.

What is Integrated Marketing Communication? Comment on its major components.

Sapphire Corporation is considering cash outlay of 800 , 000 f o r a c q u i s i t i o n o f n e w e q u i p m e n t . T h e u s e f u l l i f e i s f o u r y e a r s a n d t h e f i r m a s s e s s e s z e r o r e s i d u a l v a l u e a t t h e e n d o f f o u r y e a r s . A f t e r − t a x c a s h i n f l o w o f 800,000 for acquisition of new equipment. The useful life is four years and the firm assesses zero residual value at the end of four years. After-tax cash inflow of 800 , 000 f or a c q u i s i t i o n o f n e w e q u i p m e n t . T h e u se f u l l i f e i s f o u r y e a r s an d t h e f i r ma ssessesz er or es i d u a l v a l u e a tt h ee n d o f f o u r y e a r s . A f t er − t a x c a s hin f l o w o f 200,000 are expected in year 1, 250 , 000 i n y e a r 2 , 250,000 in year 2, 250 , 000 in y e a r 2 , 300,000 in year 3, $400,000 in year 4. The company falls in the tax bracket of 50%.

A stock currently sells for $50 per share. The market requires a 13% return on the firm's stock. If the company maintains a constant 5% growth rate in dividends, what was the most recent dividend per share paid on the stock?