Download GTU BE/B.Tech 2018 Winter 4th Sem New 2140003 Engineering Economics And Management Question Paper

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GUJARAT TECHNOLOGICAL UNIVERSITY
BE - SEMESTER-1V (NEW) EXAMINATION - WINTER 2018

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Instructions:

1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.

Short Questions

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1. Define Economics? MARKS 14
2. What is utility? 03
3. What is Technical and Economical Efficiency? 04
4. Define elasticity? 07
5. What is variable cost? 07

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6. What is micro economics?
7. What is Unity of command?
8. What is relative Poverty?
9. What do you mean by market?
10. What is CSR?

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11. Define the price?
12. What is National Income?
13. Who is the father of scientific Management?
14. What is perfect completion?

Q.1 List out the principles of “scientific management.

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Q.2 Explain “Fiscal Policy”, write its objectives.

Q.3 Explain factors of Production in brief.

OR

Explain the Goals of Finance-Management.

Q.3 Discuss the objectives of Indian Monetary Policy. 03

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Q.4 Explain in brief the 14-principle’s in the theory of management. 04

Explain in brief Poverty (causes, types, and measure to eradicate). 07

OR

Briefly describe why demand forecasting is important in Marketing department and explain its various methods. 03

Q.4 Explain Needs (Maslow’s) theory of management. 04

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What do you mean by marketing mix? Briefly explain. 07

Write the various types of costs explain average cost, implicit cost. 03

Explain Break-even analysis with diagram and write its advantages. 04

Explain Corporate Social Responsibility of a Multinational organization. 07

OR

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Write the objectives of Human Resources Management and explain selection process. 03

Explain factors to be considered for the location of a plant. 04

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Q.5 Explain the various types of market: Perfect competition, Monopoly, Duopoly, Oligopoly with its determinants.

Q.5 (a) Discuss the stock and flow concept of national income? 03

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(b) Explain the laws of Returns to scale. 04

(c) Wright short notes any two. 07

1. Mass Production,
2. PLC.
3. Per capita income.

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OR

Q.5 (a) Discuss role and skills of a Manager. 03

(b) Explain in brief organization structure. 04

(c) Wright short notes any two. 07

1. Market Segmentation.

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2. Autocratic leader.
3. Importance of planning.

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