Question Paper: Engineering Economics & Management : Question Paper May 2016 - Electronics and Comm. Engg. (Semester 3) | Gujarat Technological University (GTU)

Engineering Economics & Management - May 2016

Electronics and Comm. Engg. (Semester 3)

(1) Question 1 is compulsory.
(2) Attempt any four from the remaining questions.
(3) Assume data wherever required.
(4) Figures to the right indicate full marks.

Short Questions

1(a) According to banking expand CRR and SLR.(1 marks) 1(b) Lionel Robbins is known as father of scientific management True or False?(1 marks) 1(c) Define Management.(1 marks) 1(d) List types of inflation.(1 marks) 1(e) List all determinants of Demand.(1 marks) 1(f) According to national income expand NNP and NDP(1 marks) 1(g) Alfred Marshal gave definition of Economics True or False?(1 marks) 1(h) Define Economics.(1 marks) 1(i) Which are the 4 P's of marketing?(1 marks) 1(j) Expand NRLM(1 marks) 1(k) Define Quality Control(1 marks) 1(l) The word 'Ethics' is derived from the French word 'Ethos' True or False?(1 marks) 1(m) List the types of Plant Layout(1 marks) 1(n) 'shoes' are natural product or secondary product?(1 marks) 2(a) Explain the relationship between total, variable and fixed cost.(3 marks) 2(b) Explain the Process of Selection in short.(4 marks)

Solve any one question from Q.2(c) & Q.2(d)

2(c) Write a short note on scientific management.(7 marks) 2(d) Discuss all the factors in detail those affects the plant location.(7 marks)

Solve any three question from Q.3(a), Q.3(b), Q.3(c) & Q.3(d), Q.3(e), Q.3(f)

3(a) Define 1. Bank Rate 2. Repo Rate and 3. Reverse Repo Rate(3 marks) 3(b) Management is an art. Justify your answer.(4 marks) 3(c) Write a short note on scope of marketing.(7 marks) 3(d) Explain the concept of Marketing(3 marks) 3(e) Define CSR and discuss its importance.(4 marks) 3(f) Write a brief note on function of management.(7 marks)

Solve any three question from Q.4(a), Q.4(b), Q.4(c) & Q.4(d), Q.4(e), Q.4(f)

4(a) Compare Micro Economics and Macro Economics.(3 marks) 4(b) Discuss all the Factors affecting to Production in detail.(4 marks) 4(c) What is Money? Explain different functions of Money in detail.(7 marks) 4(d) Explain GDP and GNP in short in terms of national income.(3 marks) 4(e) What is the principal of organization? Explain types of organization.(4 marks) 4(f) What do you mean by Demand and Supply? Explain the law of Supply?(7 marks)

Solve any three question from Q.5(a), Q.5(b), Q.5(c) & Q.5(d), Q.5(e), Q.5(f)

5(a) List the types of unemployment and discuss cause for unemployment.(3 marks) 5(b) Define Poverty and discuss absolute and relative poverty.(4 marks) 5(c) Write a Brief note on Beak Even Point with all methods of calculating BEP.(7 marks) 5(d) Which are the factors affecting to the plant layout?(3 marks) 5(e) What do you mean by Banking? List the types of Banking.(4 marks) 5(f) Write short note on Myths about business ethics.(7 marks)

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