BPVI-018

No. of Printed Pages : 6

DIPLOMA IN DAIRY TECHNOLOGY (DDT)

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Term-End Examination December, 2014

BPVI -018 : DAIRY MANAGEMENT AND ENTREPRENEURSHIP

Time : 2 hours

Maximum Marks : 50

Note : Attempt any five questions. All questions carry equal marks. 1. Define any ten of the following : (i)

Recovery

(ii)

Scheduling

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(iii) Dairy (iv) Journal (v)

Liquidity

(vi) Material costs (vii) Warehousing (viii) Discriminatory pricing (ix) Distributional channel (x)

Innovation

(xi) Balance Sheet (xii) Book-keeping BPVI-018

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2.

Differentiate between the following :

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(a) Single and Double entry system (b) Gross working capital and Net working capital (c) Marketing and Sales (d) Sales promotion and Personal selling (e) Debt and Equity What do you mean by milk losses ? Discuss the factors that contribute to milk losses.

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4. (a) What are the essential facilities required for establishment of a dairy plant ?

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3.

(b) What is accounting ? Enlist the generally accepted principles of accounting. 5. (a) What do you understand by apportionment of overhead costs ? Discuss the principles of apportionment. (b) Discuss the concept and components of 4 P's of marketing mix. 6. (a) Discuss the various pricing objectives that are considered in setting the prices. (b) What do you mean by logistics ? Explain the various activities involved in market logistics. BPVI-018

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7. (a) Explain the meaning and importance of business plan. (b) Discuss the processes that comprise business management. 8.

5 5

Write short notes on any five of the following : 5x2=10 (a) Operational efficiency (b) Source of financing working capital (c) Methods of costing (d) Market segmentation (e) Demand elasticity (f)

Delegation

(g) Controlling

BPVI-018

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BPVI-018

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