Friday, 29 November 2019


New Book Announcement

MANAGEMENT CONTROL SYSTEMS : PRINCIPLES AND PRACTICES, SECOND EDITION By S. C. Das

The Book
This compact and concise textbook, in its second edition, gives clear analyses of the principles and practices of management control systems being practised by the companies all over the world.

Divided into seven sections, the book explains various approaches and designs of management control system. It then moves on to give a detailed description of key success variables as control indicators and explains goals, strategies and organization for adaptive control, divisional autonomy and responsibility. While describing the management tools and processes, the book explains in detail, the strategic planning and programming processes, budgeting and budgetary control, standard costing and variance analysis, transfer pricing, reward system and management control of operations.

The new edition is thoroughly updated and a new chapter on Managerial Decision-Making is added to it. The chapter is added to demonstrate with examples how managerial decisions are taken by the organizations as a part of management control exercise by the application of marginal costing techniques.
Primarily intended for the postgraduate students of management, the book can be equally beneficial for the commerce students, researchers, accounts professionals, and corporate policy and decision makers.

The Contents
Preface • Preface to the First Edition
Acknowledgements • List of Abbreviations
Part I: MANAGEMENT CONTROL SYSTEMS
1. Management Control Systems:
An Introduction
2. Approaches to Management Control System
3. Design of Management Control System
4. Key Success Variables as Control Indicators
Part II: ENVIRONMENT AND MANAGEMENT CONTROL
5. Goals, Strategies and Organization for Adaptive Control
6. Divisional Autonomy and Responsibility
Part III: MANAGEMENT CONTROL TOOLS AND PROCESSES
7. Strategic Planning and Programming Process
8. Budgeting and Budgetary Control
9. Standard Costing System and Variance Analysis for Control Actions
10. Transfer Pricing
11. Reward System
12. Management Control of Operations
Part IV: STRATEGIC COST MANAGEMENT
13. Strategic Cost Management and Continuous Process Improvement
14. Marginal Costing
15. Managerial Decision-Making
Part V: AUDITING AS A TOOL OF MANAGEMENT CONTROL SYSTEM
16. Auditing
17. Audit of Management Functions
Part VI: MANAGEMENT CONTROL IN ORGANIZATIONS
18. Management Control in Multinational Companies (MNCs)
19. Management Control in Service Organizations
20. Project Management Control
21. Management Control in Non-profit Organization
Part VII: CURRENT ISSUES AND MANAGEMENT CONTROL
22. Ethics and Management Control
23. Corporate Governance and Management Control
Appendix 1 Total Quality Management Systems
Appendix 2 Product Matrix Organization
Appendix 3 Formal Control System for Adaptive Organization
Appendix 4 Informal Control System for Adaptive Organization
Appendix 5 General Benchmarking Process
Appendix 6 Quality Process Teaming Structure
Glossary
Bibliography
Index

The Author
SUBHASH CHANDRA DAS, PhD, MCom, FCMA, MWSOM (UK), a Management Consultant, is former Director (Finance), Hindustan Paper Corporation (HPC) Limited. He is also a visiting faculty in many universities and B-schools. With over three decades of professional experience as a Financial and Organization and Methods (O&M) expert in Tata Steel, Greaves Cotton, SAIL, Hindustan Cables Limited, and Hindustan Paper Corporation Limited, Dr. Das has contributed thirty articles in the area of management to Journals and Research Bulletins of various professional and management institutes. He has authored six books on various management subjects—all published by PHI Learning—recommended in many B-schools and universities.

To buy the book click http://social.phindia.com/GnxWtCB0

Thursday, 28 November 2019


GATE 2020 Series
Graduate Aptitude Test in Engineering (GATE) is a recognized national level examination conducted for admission to postgraduate programs in IITs, NITs and other Indian higher education institutes. GATE score is also used as a basis for recruitment of fresh graduate engineers in PSUs like ONGC, ISRO, BHEL, BARC, DRDO, IOCL, and others.


The books in the series are designed to help students building their basic concepts related to the subject. Previous years’ examination questions with answer keys and in-depth explanation along with practice papers for self-evaluation to prepare the candidate for the actual examination are some of the key features of the series.

Buy the Books from our Website. Click http://social.phindia.com/aix8ktm1

Wednesday, 27 November 2019

Let’s Know What’s There In The Book
QUANTUM MECHANICS, Second Edition



The Book
The Second Edition of this concise and compact text offers students a thorough understanding of the basic principles of quantum mechanics and their applications to various physical and chemical problems.

This thoroughly class-tested material aims to bridge the gap between the books which give highly theoretical treatments and the ones which present only the descriptive accounts of quantum mechanics. Every effort has been made to make the book explanatory, exhaustive and student friendly. The text focuses its attention on problem-solving to accelerate the student’s grasp of the basic concepts and their applications.

What is new to this Edition:
  • ·        Includes new chapters on Field Quantization and Chemical Bonding.
  • ·        Provides new sections on Rayleigh Scattering and Raman Scattering.
  • ·        Offers additional worked examples and problems illustrating the various concepts involved.
  • ·        This textbook is designed as a textbook for postgraduate and advanced undergraduate courses in physics and chemistry.
  • ·        Solutions Manual containing the solutions to chapter-end exercises is available for instructors.


The Author
(Late) G. ARULDHAS, PhD, was Professor and Head of Physics Department, and Dean, Faculty of Science, University of Kerala. With over four decades of teaching experience at the PG level.

Dr. Aruldhas served as CSIR Emeritus Scientist and Director, University Institute of Technology, Kerala University. He published about 145 research papers in various national and international journals. Dr. Aruldhas authored four other books which were published/are being published by PHI Learning.

The Contents
Preface
Preface to the First Edition
1. Origin of the Quantum Theory
2. Wave Mechanical Concepts
3. General Formalism of Quantum Mechanics
4. One-Dimensional Energy Eigenvalue Problems
5. Three-Dimensional Energy Eigenvalue Problems
6. Heisenberg Method
7. Symmetry and Conservation Laws
8. Angular Momentum
9. Time-Independent Perturbation Theory
10. The Variation Method
11. WKB Approximation
12. Time-Dependent Perturbation Theory
13. Many Electron Atoms
14. Scattering
15. Relativistic Wave Equations
16. Elements of Field Quantization
17. Chemical Bonding
Appendices • Bibliography
Answers to Problems
Index

For more click http://social.phindia.com/b66wOSqm 

Microsoft Press Series In Focus – Inside Out

The Microsoft Inside Out Advantage



The Inside Out series is designed for intermediate to advanced Microsoft Office and Windows customers and IT professionals who want to optimize their work, solve problems, and advance their expertise.

  • ·        Delivers in-depth reference geared to intermediate and advanced level users.
  • ·        Emphasizes authoritative, under-the-hood information.
  • ·        Focuses on time-saving solutions, troubleshooting tips, and workarounds that optimize the reader's efficiency and proficiency.
  • ·        Features "Inside Out" sidebars and "Troubleshooting" sidebars that call out expert, insider information not readily available from other sources.
  • ·        Frames complex concepts and examples with relevant context and background, covering both the "how" and the "why" of a feature.
  • ·        May sometimes include sample files, practice files, or other related material.


Buy the Inside Out Books at http://social.phindia.com/gWy9-OMN

Tuesday, 26 November 2019


News You May Use
Draft NEP 2019: Here are some important components that would strengthen the policy and reform the education of future

Half-hearted approach and cracks in implementation will fail to reform the academic sector. Jayant Krishna examines the components that should be added to the Draft NEP 2019

The Draft National Education Policy, 2019 attempts for equitable and inclusive education for every child. It has been in the public domain since the last few months. While the policy is all-pervasive and encompasses all stages of education, I have examined mainly the higher education component of it.

Quantum Leap in Education Spend
The intent to increase the Gross Enrolment Ratio (GER) in higher education from 26% to 50% by 2035 and in school education from pre-school to secondary level to 100% by 2030 holds much promise. Similarly, the doubling of public spending on education from 2.7% to 6% of GDP has been a long pending need. However, the policy does not adequately address the subject of financing of the sector.

Ushering in Liberal Arts Education
The move to have five model Liberal Arts Institutions with one major and another minor specialization in the 4-year undergraduate programme and a teacher-taught ratio of 1:30 are stepping in the right direction. The policy also intends to make NAAC independent. We as a country have totally ignored continuous faculty development which is such a critical function in all developed countries. The poor quality of teachers in higher education, barring exceptions, leads to poor teaching outcomes. We need far too rigorous efforts in this direction than what an overarching policy document could have addressed.

Enhanced Focus on Research Universities
India spends only 0.69% of its GDP on R&D and a small proportion goes for research in Universities. The classification of higher education institutions into three categories, namely, research university, teaching university and undergraduate college is a good step. All such institutions will hopefully move towards greater autonomy - academic, administrative, and financial.

There have to be concerted efforts to build a research culture and develop optimised knowledge delivery models. Creating the National Research Foundation with an annual grant size of INR 20,000 crore is another worthwhile idea provided its functioning does not become bureaucratic.

Integrating Skills & Apprenticeship
It is heartening to have 50% of all seats in higher education for vocational skills by 2025, along with a compulsory vocational subject from class 9 till 12. This would require an active collaboration with the industry. Given the state of educational attainments at primary and secondary levels, not just the core subject or domain education but ‘employability skills’ must be made an integral part of all secondary and undergraduate studies.

In addition, a semester-long industry apprenticeship must be made compulsory at the undergraduate level, so that students learn to soil their hands and learn the hard way.

Propelling Entrepreneurship
SME, entrepreneurs and start-ups are the backbones of any industrial economy. While the policy is silent in this regard, at least a semester-long compulsory and full-credit course on Entrepreneurship Studies must be introduced in all professional undergraduate courses, followed by incubation of projects. This would enable more students to get into the mindset of entrepreneurship, set up businesses and create jobs.

Leveraging Technology
It is high time that we should herald the death of the ‘distance’ if the shortage of teachers and quality of delivery are to be addressed meaningfully. The draft policy speaks about the formation of the National Mission on Education through Information and Communications Technology. MHRD-led institutions have done some work on this in the past. Leveraging technology, we can surely solve the challenge of India’s scale and geographical spread.

Equitable Governance
The policy also mentions an apex National Education Commission that would develop, implement, evaluate, and revise the vision of education in India on an on-going basis. While it is encouraging to see the resolve to reduce multiplicity of regulators and creation of National Higher Education Regulatory Authority (NHERA), greater clarity is required about the residual roles of UGC and AICTE. In addition, merit-based staffing, capacity building and inculcation of a culture of equity and fairness are essential for the proposed regulator to succeed.

An opportunity to Transform India
Once approved by the Cabinet, the New Education Policy 2019 represents an opportunity to transform India, if implemented in letter and spirit. However, if there is a half-hearted approach with cracks in its implementation, it would remain an old wine in a new bottle. In this country, we are sitting on an unexploited goldmine of demographic dividend. We as a nation need to make a clear choice.

http://social.phindia.com/IavFx7ni


Let’s Know What’s There In The Book
CLASSICAL MECHANICS

The Book
This book offers an in-depth presentation of the mechanics of particles and systems. The material is thoroughly class-tested and hence eminently suitable as a textbook for a one-semester course in Classical Mechanics for postgraduate students of physics and mathematics. Besides, the book can serve as a useful reference for engineering students at the postgraduate level.

The book provides not only a complete treatment of classical theoretical physics but also an enormous number of worked examples and problems to show students clearly how to apply abstract principles and mathematical techniques to realistic problems. While abstraction of theory is minimized, detailed mathematical analysis is provided wherever necessary.

Besides an all-embracing coverage of different aspects of classical mechanics, the rapidly growing areas of nonlinear dynamics and chaos are are also included. The chapter on Central Force Motion includes topics like satellite parameters, orbital transfers and scattering problem. An extensive treatment on the essentials of small oscillations which is crucial for the study of molecular vibrations is included. Rigid body motion and special theory of relativity are also covered in two separate chapters.

The Contents
Preface.
1. Introduction to Newtonian Mechanics.
2. System of Particles.
3. Lagrangian Formulation.
4. Variational Principle.
5. Central Force Motion.
6. Hamiltonian Mechanics.
7. Hamilton-Jacobi Theory.
8. The Motion of Rigid Bodies.
9. Theory of Small Oscillations.
10. Special Theory of Relativity.
11. Introduction to Nonlinear Dynamics.
12. Classical Chaos.
Appendix A: Elliptic Integrals.
Appendix B: Perturbation Theory. Bibliography.
Answers to Problems.
Index.

The Author
(Late) G. ARULDHAS, PhD, was Professor and Head of Physics Department, and Dean, Faculty of Science, University of Kerala. With over four decades of teaching experience at the PG level.

Dr. Aruldhas served as CSIR Emeritus Scientist and Director, University Institute of Technology, Kerala University. He published about 145 research papers in various national and international journals. Dr. Aruldhas authored four other books which were published/are being published by PHI Learning.



Tuesday, 19 November 2019


CAT – Last Minute Tips and Tricks
Here are some preparation strategies from top scorers of CAT 2018
Presumed to be a tough nut to crack, CAT is a difficult exam because of the level of competition that surrounds it

CAT 2019, scheduled to be held on the November 24, is being conducted by IIM Kozhikhode and is just days away. The MBA entrance test scores a candidate on the bases of Quantitative Ability (QA), Verbal Ability (VA) and Reading Comprehension (RC), Data Interpretation (DI) and Logical Reasoning (LR) for admissions into the IIMs and several other prestigious B-schools in the country. Presumed to be a tough nut to crack, CAT is a difficult exam because of the level of competition that surrounds it.

For aspirants who will be appearing in the coming exam, here are some success stories of a few stellar CAT 2018 scorers who have paved a way for themselves into IIM Rohtak with well-guided strategies coupled with discipline and hard work.

The Achievable 99 Percentile
Twenty-eight year old Ankit Anand, an electronics and communications engineer, scored the near perfect 99.99 percentile in the VA and RC section and a 99.03 percentile overall in CAT 2018. He does not prescribe a singular ideal approach to crack the test but believes in charting a methodology that works best for an aspirant.

Ankit is of the opinion that his close to perfect percentile in the VA and RC section is definitely achievable and he suggests reading anything and everything under the sun. “Make reading a habit”, he says, when asked about how to go about preparing for the same. While candidates are predisposed to solving mock tests for hours on end, he also recommends reading the editorial columns of certain English dailies like The Hindu and The Economic Times and understanding them in one go, just like one would a novel. This particular habit has doubly advantaged him, making him well-prepared for solving Reading Comprehension questions and the subsequent IIM interviews as well. `

Sans Mathematics? Do Not Worry
Shree Khandelwal, a twenty-one year old from the city of Jaipur, is a commerce graduate but sans a background in mathematics. He elaborates on how he did not follow the traditional methods of problem-solving and instead looked at questions from a real-life perspective. Shree suggests an amalgamation of long hours of self-study supplemented by a practical approach, and visualizing problems as logical puzzles of everyday life and then solving them. His resilience and sincere efforts which have helped him achieve an overall percentile of 98.06 and a sectional percentile of 99.82 percentile in LR and DI demonstrate that CAT is for everyone.

Self-study
A correspondence BA in Political Science, History and English graduate, Shubham Sangwan is a B-Tech drop out. From watching his peers succeeding to having jeers pelted at him, Shubham knew that he had to make it big. His intellectual curiosity, consistent efforts and a religious schedule of self-study have earned him an impressive 99.08 percentile in CAT 2018. He credits his success to his knack of solving problems in order to identify his strengths from an early age. He also suggests working hard on one’s weaknesses and channelling one’s negatives into positives to say the least.

From 14 percentile to 97.6
But the most interesting of them all is the story of Ayush Khetan, who hails from a small town in Rajasthan. He went from scoring a 14 percentile in his first attempt in CAT 2017 to securing a 97.6 percentile in CAT 2018. Similar to Shree, he has a non-math background. He recommends reading editorials, novels and using YouTube primarily for constructive purposes.

Source Credit: Education Times 

Do You Know?
The reptile that can walk on water

The Basilisk Lizard of South America has an amazing ability. It walks on water!

It literally runs across the surface of a pond or pool without sinking.

It is thought that its sheer speed keeps it afloat, while its long tail helps it to balance.

Thursday, 14 November 2019

SWITCHING THEORY AND LOGIC DESIGN, THIRD EDITION
By A. Anand Kumar

The Book


This comprehensive text on switching theory and logic design is designed for the undergraduate students of electronics and communication engineering, electrical and electronics engineering, electronics and computers engineering, electronics and instrumentation engineering, telecommunication engineering, computer science and engineering, and information technology. It will also be useful to M.Sc (electronics), M.Sc (computers), AMIE, IETE and diploma students.

Written in a student-friendly style, this book, now in its Third Edition, provides an in-depth knowledge of switching theory and the design techniques of digital circuits. Striking a balance between theory and practice, it covers topics ranging from number systems, binary codes, logic gates and Boolean algebra to minimization using K-maps and tabular method, design of combinational logic circuits, synchronous and asynchronous sequential circuits, and algorithmic state machines. The book discusses threshold gates and programmable logic devices (PLDs). In addition, it elaborates on flip-flops and shift registers.

Each chapter includes several fully worked-out examples so that the students get a thorough grounding in related design concepts.

Short questions with answers, review questions, fill in the blanks, multiple choice questions and problems are provided at the end of each chapter. These help the students test their level of understanding of the subject and prepare for examinations confidently.

NEW TO THIS EDITION
• VERILOG programs at the end of each chapter

The Author
A.ANAND KUMAR, Ph.D., is Advisor to Dean (Academics and Quality), K. L. University, Green Fields, Vaddeswaram, Guntur District, Andhra Pradesh. Earlier from 2012 to 2017, he served as Principal, College of Engineering KL University, from 2006 to 2011 as Director Sasi Institute of Technology and Engineering, Tadepalligudem, West Godavari District, A.P. From 2000 to 2006 and 2010 to 2011, he served as Principal, Sir C.R. Reddy College of Engineering, Eluru, West Godavari District, A. P. and from 1983 to 2000 as Professor at S. D. M. College of Engineering and Technology, Dharwad, Karnataka. He has more than four decades of teaching experience. His research interest includes radar signal processing.

The Contents
Preface
Symbols, Notations and Abbreviations
INTRODUCTION
1. NUMBER SYSTEMS AND CODES
2. BOOLEAN ALGEBRA AND SWITCHING FUNCTIONS
3. MINIMIZATION OF SWITCHING FUNCTIONS
4. COMBINATIONAL LOGIC DESIGN
5. PROGRAMMABLE LOGIC DEVICES AND THRESHOLD LOGIC
6. SEQUENTIAL CIRCUITS–I
7. SEQUENTIAL CIRCUITS–II
8. ALGORITHMIC STATE MACHINES
Appendix • Glossary
Answers • Index

Buy from our website. Click http://social.phindia.com/_E-vVgWR 

NCERT to revise 14-year-old curriculum framework
NCERT is planning to review the 14-year-old National Curriculum Framework (NCF) in accordance with new national education policy and set up a committee for the purpose.



According to NCERT Director Hrushikesh Senapaty, the council is going to announce a committee by the end of this month which will revisit the NCF to bring it on lines of the NEP.

The NCF has been revised four times so far - in 1975, 1988, 2000 and 2005. The new proposed revision will be the fifth of the framework.

“We are just waiting for the new education policy to be finalised and a committee for reviewing the NCF will be announced by month end. The committee, however, will keep NEP as the base of revision. Ultimately the textbooks will be revised as per the new framework,” Senapaty told PTI.

“It has been over 14 years since the last framework was revised. We did review the textbooks in last two years but once the new education policy is in place, the curriculum framework will need thorough revision,” he said.

The council is also undertaking a survey in six blocks to analyse the quality of primary education available and the areas that need change.

“The blocks that have been identified for the preliminary survey are in Shillong, Mysore, Rajasthan, Bhopaland Orissa. A team of NCERT officials is visiting each of the block and conducting the survey. Once the finding are received, the survey will be conducted in more areas and the findings will also be reviewed for the new curriculum framework,” Senapaty said.


Happy Childrens Day


People Management Skills Every Manager Needs To Succeed

Success as a manager will primarily depend on Soft Skills. What is this talent that means more than experience and technical prowess ...