Please help me with the following question: MS-95 Research Methodology for Management Decisions What is a semantic differential scale? Construct a semantic differential scale for analyzing candidates for a leadership position in an organization.
The term Semantic differential scale is a scaling tool for measuring attitudes, anchored by bipolar adjectives. The object that is rated is called the “concept” and almost anything can be rated including banks, employment, soap, political parties, etc.
Normally, a semantic differential scale is based on a seven point rating scale for each of a number of attributes relating to the research topic. The extreme points represent the bipolar adjectives with the central category representing neutral. In the semantic differential scale, the extreme points have names and the in between categories have either blank spaces or numbers.
To prepare a Semantic differential scale, use attributes to describe the object that helps in attitude formation in terms of positive and negative statements. The negative phrase is sometimes put on the left side of the scale and sometimes on the right. This prevents a respondent with a positive attitude from simply checking either the left or right hand sides without reading the describing words.
Individual cells in the scale can be assigned points. Based on this, one can arrive at the scores for comparing different objects.
The values used are: +2 indicates ''excellent'' +1 indicates ''very good '' 0 indicates ''good'' -1 indicates ''average'' -2 indicates ''poor''. Following are some of the dimensions based on which the candidates can be analysed.
+2 +1 0 -1 -2 Professional………………………………………………………….. Unprofessional Self Motivator………………………………………………………….. Motivated by Superiors TeamPlayer……………………………………………………………..Not a team player Effective in problem solving………………………………………….. Ineffective in problem solving Good Communication skills……………………………………………Poor Communication skills Creative………………………………………………………………….Unproductive Effective in dealing with Clients……………………………………… Poor in dealing with Clients Flexible ……………………………………………………………….....Rigid Adapts well to stress……………………………………………………Cannot handle stress Professional development……………………………………………..No Professional development Effective utilization of resources………………………………………Resource Wastage Tries to improve existing process……………………………………..No process improvement Creates and set goals…………………………………………………..Superiors have to set goals Leads the team…………………………………………………………..Follows the team Assesses situations quickly and accurately…………………………..Slow in assessing situations Abides by rules and regulations……………………………………….Does not abide by rules Maintains consistent performance……………………………………..Inconsistent performance
Etc. etc.. The candidate analyses are based on the scores of each respondent on each dimension and the average total scores for all respondents provides an index of the overall candidate rating.
Q5. Yenki Ltd. is considering two mutually exclusive projects A and B. Project A costs Rs. 30,000 and Project B Rs. 36,000. The NPV probability distribution for each project is as given below : Project A Project B NPV Estimate Probability NPV Estimate Probability Rs. 3,000 0.1 Rs. 3,000 0.2 6,000 0.4 6,000 0.3 12,000 0.4 12,000 0.3 15,000 0.1 15,000 0.2 You are required to compute: i) the expected Net Present Value of Projects A and B. ii) The risk attached to each project i.e., Standard deviation of each probability distribution. iii) The Profitability Index of each project. Which project do you consider more risky and why?
(I) Expected NPV for Project A and B A. 3000 X 0.1 + 6000 X 0.4 + 12000 X 0.4 + 15000 X 0.1 = 9000 B. 3000 X 0.2 + 6000 X 0.3 + 12000 X 0.3 + 15000 X 0.2 = 9000 (II) Cal. Of S.D.
Please help me with the following question:
ReplyDeleteMS-95 Research Methodology for Management Decisions
What is a semantic differential scale? Construct a semantic differential scale for analyzing candidates for a leadership position in an organization.
The term Semantic differential scale is a scaling tool for measuring attitudes, anchored by bipolar adjectives. The object that is rated is called the “concept” and almost anything can be rated including banks, employment, soap, political parties, etc.
ReplyDeleteNormally, a semantic differential scale is based on a seven point rating scale for each of a number of attributes relating to the research topic. The extreme points represent the bipolar adjectives with the central category representing neutral. In the semantic differential scale, the extreme points have names and the in between categories have either blank spaces or numbers.
To prepare a Semantic differential scale, use attributes to describe the object that helps in attitude formation in terms of positive and negative statements. The negative phrase is sometimes put on the left side of the scale and sometimes on the right. This prevents a respondent with a positive attitude from simply checking either the left or right hand sides without reading the describing words.
Individual cells in the scale can be assigned points. Based on this, one can arrive at the scores for comparing different objects.
The values used are:
+2 indicates ''excellent''
+1 indicates ''very good ''
0 indicates ''good''
-1 indicates ''average''
-2 indicates ''poor''.
Following are some of the dimensions based on which the candidates can be analysed.
+2 +1 0 -1 -2
Professional………………………………………………………….. Unprofessional
Self Motivator………………………………………………………….. Motivated by Superiors
TeamPlayer……………………………………………………………..Not a team player
Effective in problem solving………………………………………….. Ineffective in problem solving
Good Communication skills……………………………………………Poor Communication skills
Creative………………………………………………………………….Unproductive
Effective in dealing with Clients……………………………………… Poor in dealing with Clients
Flexible ……………………………………………………………….....Rigid
Adapts well to stress……………………………………………………Cannot handle stress
Professional development……………………………………………..No Professional development
Effective utilization of resources………………………………………Resource Wastage
Tries to improve existing process……………………………………..No process improvement
Creates and set goals…………………………………………………..Superiors have to set goals
Leads the team…………………………………………………………..Follows the team
Assesses situations quickly and accurately…………………………..Slow in assessing situations
Abides by rules and regulations……………………………………….Does not abide by rules
Maintains consistent performance……………………………………..Inconsistent performance
Etc. etc..
The candidate analyses are based on the scores of each respondent on each dimension and the average total scores for all respondents provides an index of the overall candidate rating.
Q5. Yenki Ltd. is considering two mutually exclusive projects A and B. Project A costs
ReplyDeleteRs. 30,000 and Project B Rs. 36,000. The NPV probability distribution for each project is
as given below :
Project A Project B
NPV Estimate Probability NPV Estimate Probability
Rs. 3,000 0.1 Rs. 3,000 0.2
6,000 0.4 6,000 0.3
12,000 0.4 12,000 0.3
15,000 0.1 15,000 0.2
You are required to compute:
i) the expected Net Present Value of Projects A and B.
ii) The risk attached to each project i.e., Standard deviation of each probability distribution.
iii) The Profitability Index of each project.
Which project do you consider more risky and why?
(I) Expected NPV for Project A and B
ReplyDeleteA. 3000 X 0.1 + 6000 X 0.4 + 12000 X 0.4 + 15000 X 0.1 = 9000
B. 3000 X 0.2 + 6000 X 0.3 + 12000 X 0.3 + 15000 X 0.2 = 9000
(II) Cal. Of S.D.
X (NPV ESTIMATE) X-MEAN
(X-9000) P P(X-MEAN)2
3000 -6000 0.1 36,00,000
6000 -3000 0.4 36,00,000
12000 +3000 0.4 36,00,000
15000 +6000 0.1 36,00,000
1,44,00,000
S.D.A. = =3794.73
X (NPV ESTIMATE) X-MEAN
(X-9000) P P(X-MEAN)2
3000 -6000 0.2 72,00,000
6000 -3000 0.3 27,00,000
12000 +3000 0.3 27,00,000
15000 +6000 0.2 72,00,000
1,98,00,000
S.D.A. = =4449.72
Project B is more risky expected NPV of both of same but S.D. of Project B is higher than A.
(III)
Q3
ReplyDeleteQ2 and Q3 of ms4 assignment: http://www.ignou.ac.in/assignments/management/jan_2009/MS-04E.pdf
ReplyDeletePlease give solution.
Please help me in solving the assignment MS-08/SEM-II/2009
ReplyDelete