Summer Exam-2014

Corporate Sector

Bus. Com. & Beh. Studies (07.05.2014)

Duration: 3 hrs.

Marks-100

[Instructions]
Ensure that the question paper delivered to you is the same, in which you intend to appear.
Read the instructions given on the title page of Answer Script.
Start each question from fresh page.

Attempt all Questions

Q.1. Write a prcis of the following text.

15

Iraq ramping up Oil Exports

Is Baghdad, in coordination with Tehran, plotting an oil revolution to challenge
Riyadh`s domination of crude markets? The game plan appears simple. Rising output
from Iraq, the possibility of a deal between Baghdad and the autonomous Kurdish
region and the prospect of Iran elbowing out of the cold, could act as a game changer
as far as global energy muscle is concerned, reports Economist Intelligence Unit.
It`s draft budget anticipates average exports of 3.4 mbpd, marking a nearly 30 per
cent increase from 2013 export levels. Almost every second barrel of world oil
production growth in the next two decades will come from Iraq, with the potential to
provide prosperity for all of Iraq`s 32 million people,` underlines good, old friend
Fatih Birol. If announcements are to be taken seriously, Iraq is determined to flood oil
markets by tripling crude output capacity to almost 9 mbpd by 2020. And Hussain alShahristani, the Iraqi Deputy Prime Minister for Energy is hinting that upping the
output is just part of Iraq`s (overall) plans leading some to hint of a possible collusion
between Baghdad and Tehran.
Al-Shahristani told industry delegates at a Chatham House Middle East energy
conference that Baghdad was working with Iran to help it attract investment ahead of
the possible lifting of sanctions. `Iran has been in touch with us`, he told the London
Telegraph. They want to share our contracts model and experience. Was it an oblique
message to Opec? Jeff Selding analyzing for Voice of America says, experts believe
the comments (by al-Shahristani) were actually meant to send a message to Opec.
`The game here is for control of the Opec` Simon Henderson of the Washington
Institute for near East Policy was quoted as saying. `Baghdad and Tehran get on very
well together and they are vying against Saudi Arabia, which is the other major power
in the Gulf.
Iran`s leaders though have said little publicly so far about cooperating with Iraq on
oil. Iraq can certainly boost oil production. But it is still far from certain that Baghdad
can triple its output by 2020. The current state of security and the ongoing civil strife
is just one of the many issues afflicting Iraqi output. However, even if Iraq is able to
achieve its target of boosting production capacity to the projected levels, it is unlikely
to be able to put in place sufficient pipeline and port infrastructure to export the
additional crude. Iraq`s main export terminal for loading oil tankers at Al Faw near
Basra will require billions of dollars worth of improvements in addition to the
refurbishment of its pipeline network. And then its ongoing tug of war with the
Kurdish Regional Government (KRG), also casts aspersions on Baghdad`s
aspirations.
Contd. on back

Q.2. What are the Principles of Communication? What is meant by Completeness and
what are its advantages?
Q.3. Your Company is experiencing employee de-motivation problem. Besides other
things employee turnover has also increased. You are given a special task to
investigate the problem and make recommendation for improvements. You must
assume necessary details including different symptoms of de-motivation.
Q.4. Discuss Herzbergs two factor theory of motivation in the light of an organizational
setup.
Q.5. How can you determine the training needs of your employees?
Q.6. What is meant by 7Cs in communication? Explain Conciseness and discuss its
advantages?
Q.7. Mr. Ahmed regularly buys from you on credit. His credit purchases have reached
the maximum limit. He has once again requested for credit purchase. Write a letter
refusing him further credit sales. You may assume all necessary details.
Q.8. a) What is Minutes Book? What functions does it serve?
b) Differentiate between the following

08

15

08

05
07

10

06
04

i) Statutory meeting
ii) Annual General Meeting
Q.9. Define organizational development and discuss its characteristics.

05

Q.10. What are different methods of management development programs?

07

Q.11. Write an essay on How to make Pakistan a Tolerant Society?

10

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