Download GTU BE/B.Tech 2019 Summer 3rd Sem New 2130004 Engineering Economics And Management Question Paper

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GUJARAT TECHNOLOGICAL UNIVERSITY
BE - SEMESTER-III (NEW) EXAMINATION — SUMMER 2019

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Instructions:

1. Attempt all questions.

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2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.

Q.1

1. (a) Define Economics? Why is the study of Economics useful for engineers? (03)
2. (b) ‘Management’ and ‘Administration’ are different aspects for any organization: Justify the statement. (04)

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3. (c) Discuss: Contribution of Henry Feyol. (07)

Q.2

1. (a) Define the term production and explain factors affecting industrial production (03)
2. (b) Write a detailed note on ‘Demand and supply Equilibrium’ with diagram (04)
3. (c) Analyze the organization of structure of ‘Medium Scale Industries’ in context of ‘Centralization’. (07)

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OR

1. (c) Write a detailed note on ‘Break Even Analysis’ with diagram. (07)

Q.3

1. (a) Explain the causes of poverty (03)
2. (b) Ethical behavior is very important for an entrepreneur”- Justify. (04)

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3. (c) What are the causes and remedies for ‘Inflation’? (07)

OR

1. (a) Define: 1. GDP 2. GNP 3. NNP (03)
2. (b) Write a detailed note on: 1. Monopoly Market 2. Oligopoly Market (04)
3. (c) Discuss different types of costs associated with production. (07)

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Q.4

1. (a) ‘Unemployment is serious economic problem for the country’ — Comment. (03)
2. (b) Define CSR and discuss its due importance in industrial practice. (04)
3. (c) Explain Maslow’s theory of Hierarchy of Needs with necessary diagram. (07)

OR

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1. (a) Discuss any one methods of demand forecasting. (03)
2. (b) Discuss the objectives of fiscal policy (04)
3. (c) Explain various functions of management. (07)

Q.5

1. (a) Explain 4 p’s of Marketing. (03)

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2. (b) Discuss the ‘Manpower planning’. (04)
3. (c) Who is the father of Scientific Management? Discuss principles of Scientific Management. (07)

OR

1. (a) Differentiate: Plant Layout and Product Layout. (03)
2. (b) Write in brief the goals and objectives of Finance Management. (04)

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3. (c) Discuss any one type of plant layout with diagram. Discuss its advantages and disadvantages. (07)

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