Monday, September 16, 2019

Solution to Journal Entry – Exercise Problem 2

(http:/ /knol.google.com/k/narayana-rao-kvss/journal-entry-exercise-problem-2/ 2utb2lsm2k7a/ 463)


Mr Ashok commenced business on 1st January, 1992 with a capital of Rs.1,00,000 in cash. On the same date he opened the bank account and deposited Rs.20,000. During the month of January 1992 the following transactions took place:
                                                                          Rs.
Jan       1 Bought goods for cash                      70,000
            2 Sold good to Rahul & Co.(Credit)   38,000
         
           15 Sold goods for cash                         9,000
           
            21 Rahul & co. paid by cheque          35,000
          
            31 Paid rent by cash                            2,000
                
                Paid wages by cash                          3,000
                Withdrew cash personal use            5,000
Make journal entries for the transactions.
Date
Particulars
L.F.
Debit
Rs.
Credit
Rs.
 
1992 Jan 1
Cash A/c                        Dr.
    To Capital A/c
(Ashok brought in capital of Rs.1,00,000 in cash)
 
1,00,000
1,00,000
1
Bank A/c                         Dr.   
 To Cash A/c
(Open the bank account and deposited Rs. 20,000)
 
20,000 
20,000 
1
  Purchases A/c                 Dr.
    To Cash A/c
  (Bought goods for cash)
 
70,000
 
70,000
 
  2
  Rahul & Co A/c                Dr.  
    To Sales A/c
(Sales on credit)
  
 
38,000
 
38,000
 
  15
Cash A/c                          Dr.
  To Sales A/c
 (Cash sales) 
   
 
9,000
 
9,000
 
 
21
Bank A/c                          Dr.
   To Rahul & Co. A/c
  (Rahul & Co. Paid by cheque and cheque deposited in bank)
   
 
35,000
 
35,000
 
31
Rent A/c                            Dr.
   To Cash A/c
  (Rent paid by cash)
 
2,000
 
2,000
 
  31
  Wages A/c                       Dr.
     To Cash A/c
(Wages paid by cash) 
 
 
3,000
 
3,000
 
31
Drawals A/c                        Dr.
    To Cash A/c
(Withdrawal of money by Mr. Ashok for personal used
 
 
5,000
 
5,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Articles explaining the basic accounting process in a simple way.

Originally posted in
http:  //knol.google.com/k/narayana-rao/solution-to-journal-entry-exercise/2utb2lsm2k7a/  506

Updated on 17 September 2019, 28 January 2012



Saturday, March 23, 2019

Public Administration - Administrative Thought - UPSC Civil Service Syllabus and Content


As a professor with indepth understanding of the following theories, I shall prepare notes and videos and publish them in due course.

2. Administrative Thought: Scientific Management and Scientific Management movement; Classical Theory; Weber’s bureaucratic model – its critique and post-Weberian Developments; Dynamic Administration (Mary Parker Follett);  Human Relations School (Elton Mayo and others); Functions of the Executive (C.I. Barnard); Simon’s decision-making theory; Participative Management (R. Likert, C. Argyris, D. McGregor).


Scientific Management and Scientific Management movement


Notes

F.W. Taylor Scientific Management - With Appropriate Sections

THE PRINCIPLES OF SCIENTIFIC MANAGEMENT - F.W.Taylor

Scientific Management Summarized - F.W. Taylor



Principles of Scientific Management of F.W. Taylor and Practice Implications - Prof. K.V.S.S. Narayana Rao
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Classical Theory

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Uploaded by UPSC Public Administration


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Weber’s bureaucratic model – its critique and post-Weberian Developments

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Dynamic Administration (Mary Parker Follett)


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Human Relations School (Elton Mayo and others)


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Functions of the Executive (C.I. Barnard)

Notes

The Functions of Executive - Chester Barnard - Important Points and Summary
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Simon’s decision-making theory

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Participative Management (R. Likert, C. Argyris, D. McGregor).


Immaturity-Maturity Theory
Interpersonal Competence
Fusion Process Theory
Matrix organization structure
Double-loop learning technique
T-group training (Sensitivity Training)

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Public Administration for UPSC - Civil Services Examination




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UPSC CSE Public Administration Syllabus


Paper - I

Administrative Theory


1. Introduction: Meaning, scope and significance of Public Administration; Wilson’s vision of Public Administration; Evolution of the discipline and its present status; New Public Administration; Public Choice approach; Challenges of liberalization, Privatisation, Globalisation; Good Governance: concept and application; New Public Management.

2. Administrative Thought: Scientific Management and Scientific Management movement; Classical Theory; Weber’s bureaucratic model – its critique and post-Weberian Developments; Dynamic Administration (Mary Parker Follett);  Human Relations School (Elton Mayo and others); Functions of the Executive (C.I. Barnard); Simon’s decision-making theory; Participative Management (R. Likert, C. Argyris, D. McGregor).

3. Administrative Behaviour: Process and techniques of decision-making; Communication; Morale; Motivation Theories – content, process and contemporary; Theories of Leadership: Traditional and Modern.

4. Organisations: Theories – systems, contingency; Structure and forms: Ministries and Departments, Corporations, Companies, Boards and Commissions; Ad hoc and advisory bodies; Headquarters and Field relationships; Regulatory Authorities; Public - Private Partnerships.

5. Accountability and control: Concepts of accountability and control; Legislative, Executive and Judicial control over administration; Citizen and Administration; Role of media, interest groups, voluntary organizations; Civil society;Citizen’s Charters; Right to Information; Social audit.

6. Administrative Law: Meaning, scope and significance; Dicey on Administrative law; Delegated legislation; Administrative Tribunals.

7. Comparative Public Administration: Historical and sociological factors affecting administrative systems; Administration and politics in different countries; Current status of Comparative Public Administration; Ecology and administration; Riggsian models and their critique.

8. Development Dynamics: Concept of development; Changing profile of development administration; ‘Antidevelopment thesis’; Bureaucracy and development; Strong state versus the market debate; Impact of liberalisation on administration in developing countries; Women and development - the self-help group movement.

9. Personnel Administration: Importance of human resource development; Recruitment, training, career advancement, position classification, discipline, performance appraisal, promotion, pay and service conditions; employer-employee relations, grievance redressal mechanism; Code of conduct; Administrative ethics.

10. Public Policy: Models of policy-making and their critique; Processes of conceptualisation, planning, implementation, monitoring, evaluation and review and their limitations; State theories and public policy formulation.


11. Techniques of Administrative Improvement: Organisation and methods, Work study and work management; e-governance and information technology; Management aid tools like network analysis, MIS, PERT, CPM.

12. Financial Administration: Monetary and fiscal policies; Public borrowings and public debt Budgets - types and forms; Budgetary process; Financial accountability; Accounts and audit.




Paper - II

Indian Administration


1. Evolution of Indian Administration: Kautilya’s Arthashastra; Mughal administration; Legacy of British rule in politics and administration - Indianization of public services, revenue administration, district administration, local self-government.

2. Philosophical and Constitutional framework of government:  Salient features and value premises; Constitutionalism; Political culture; Bureaucracy and democracy; Bureaucracy and development.

3. Public Sector Undertakings: Public sector in modern India; Forms of Public Sector Undertakings; Problems of autonomy, accountability and control; Impact of liberalization and privatization.

4. Union Government and Administration: Executive, Parliament, Judiciary - structure, functions, work processes; Recent trends; Intragovernmental relations; Cabinet Secretariat; Prime Minister’s Office; Central Secretariat; Ministries and Departments; Boards; Commissions; Attached offices; Field organizations.

5. Plans and Priorities: Machinery of planning; Role, composition and functions of the Planning Commission and the National Development Council; ‘Indicative’ planning; Process of plan formulation at Union and State levels; Constitutional Amendments (1992) and decentralized planning for economic development and social justice.

6. State Government and Administration: Union-State administrative, legislative and  financial relations; Role of the Finance Commission; Governor; Chief Minister; Council of Ministers; Chief Secretary; State Secretariat; Directorates.

7. District Administration since Independence: Changing role of the Collector; Union-State- local relations; Imperatives of development management and law and order administration; District administration and democratic decentralization.

8. Civil Services: Constitutional position; Structure, recruitment, training and capacity-building; Good governance initiatives; Code of conduct and discipline; Staff associations; Political rights; Grievance redressal mechanism; Civil service neutrality; Civil service activism.

9. Financial Management: Budget as a political instrument; Parliamentary control of public expenditure; Role of finance ministry in monetary and fiscal area;  Accounting techniques; Audit; Role of Controller General of Accounts and Comptroller and Auditor General of India.

10. Administrative Reforms since Independence: Major concerns; Important Committees and Commissions; Reforms in financial management and human resource development; Problems of implementation.

11. Rural Development: Institutions and agencies since independence; Rural development programmes: foci and strategies; Decentralization and Panchayati Raj; 73rd Constitutional amendment.

12. Urban Local Government: Municipal governance: main features, structures, finance and problem areas; 74th Constitutional Amendment; Globallocal debate; New localism; Development dynamics, politics and administration with special reference to city management.

13. Law and Order Administration: British legacy; National Police Commission; Investigative agencies; Role of central and state agencies including paramilitary forces in maintenance of law and order and countering insurgency and terrorism; Criminalisation of politics and administration; Police- public relations; Reforms in Police.

14. Significant issues in Indian Administration: Values in public service; Regulatory Commissions; National Human Rights Commission; Problems of administration in coalition regimes; Citizen-administration interface; Corruption and administration; Disaster management.

Thursday, March 9, 2017

Monday, March 6, 2017

Marketing Management in India - Subject Update and Developments

Read Brand Equity of Economic Times



2017

Direct Marketing and Selling in India
http://idsa.co.in/press-releases

22 February 2017


Indian Direct Selling Industry's Gross Sales Reached Rupees 8,308.5 crores.
The estimate for the  Industry is to reach rupees 25,826.1 crores by 2024-25. Direct selling in this estimates, includes digital sales made via online and e-commerce platforms.
http://bwdisrupt.businessworld.in/article/Indian-Direct-Selling-Industry-Gross-Sales-Reach-Rupees-83-085M-Witnesses-4-4-Growth-/22-02-2017-113308/

http://www.mxmindia.com/2016/12/big-role-for-direct-selling-ficci-kpmg/

IDSA-PHD report on direct selling - 2016 report
http://idsa.co.in/upload/media/Direct%20Selling%20Industry%20is%20estimated%20to%20reach%20up%20to%20INR%202,36,543%20million%20by%202019-20_%20IDSA-PHD%20Annual%20Survey%20Report_1464184509_0.pdf

http://ficci.in/spdocument/20392/report-mark.pdf  - 2013 report on direct selling

Marketing Technology in India
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Indian Marketing Review
https://www.youtube.com/watch?v=PiEk-s3ObbM


5 Seconds ads are now becoming the norm in YouTube advertising. The viewer can skip the ad after 5 seconds. Then 5 seconds is the most important slice of time.
http://economictimes.indiatimes.com/magazines/brand-equity/the-5-second-rule-agencies-devise-tricks-to-keep-viewers-from-skipping-ads/articleshow/41526061.cms


Remarketing - Future of Digital Marketing in India - Ad Tech Panel Discussion
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Harsh Aggarwal



Updated 9 March 2017, 16 September 2014

Wednesday, November 30, 2016

Faculty Groups in a Management Institute



Management Principles and Profit Center Management Group

Business Management Group

Engineering Management Group

People Management Group

Technical/Work Skills Group

Economic Sector Management Group

Sunday, November 6, 2016

Corporate Chanakya - Relevance of Chanakya to Public and Private Business Management



Radhakrishna Pillai is a faculty member who published the book Corporate Chanakya.


Corporate Chanakya

Radhakrishnan Pillai
Jaico Publishing House, 08-Apr-2015 -  317 pages


Chanakya, who lived in 4th Century BC, was a leadership guru par excellence. His ideas on how to identify leaders and groom them to govern a country has been well documented in his book Kautilya’s Arthashastra. This book contains 6000 aphorisms or sutras. In the present book the author simplifies the age old formula of success for leaders of the corporate world. Divided into 3 sections of Leadership, Management and Training Corporate Chanakya includes tips on various topics like – organizing and conducting effective meetings, dealing with tricky situations, managing time, decision making and responsibilities and powers of a leader. Call it your guide for corporate success or a book that brings back ancient Indian management wisdom in modern format.
https://books.google.co.in/books?id=S4tzx_x2rBsC


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Part 2

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Corporate Chanakya Radhakrishnan Pillai at ASIRT Techday May 2015 PART 1
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ASIRT