Himachal Pradesh University (HPU) 2006 B.Tech PRINCIPLE OF ENGINEERING ECONOMICS & MANAGEMENT - Question Paper

(2116)
5065
B.Tech third Semester exam
Principles of engineering economics & management (ECE)
Paper-AS (ID)-3002
Time Allowed: three Hours Maximum Marks: 100
Note: Attempt five ques. in all, by selecting at lowest one ques. from every of part A , B, C, D and entire part
Section-A

1. describe the term demand. Distinguish ranging from price demand, income demand & cross demand.
[20]
2. discuss the concept of elasticity of demand. What is its importance in economics analysis?
[20]
Section-B

3. What does u mean by small scale production? discuss the advantages & disadvantages of small scale production.
[20]
4. discuss the objective of fiscal policy of the government of India, discuss important feature of the fiscal policy in latest year.
[20]
Section-C

5. explain the role of different approaches to management in management theory. Which approach does u think adequately clear the nature of management?
[20]
6. What r various sources of long term financing? State briefly the merits of every sources of long term financing.
[20]
Section-D
7. explain elaborately the factor to be considered before taking the decision regarding the plant location. [20]
8. Briefly examine the different technique & method of quality control utilized in manufacturing industries. [20]
Section-E
5. Explain:
a) Quality circle.
b) Control chart
c) Critical path method
d) Break even point
e) Return on investment
f) Marketing management
g) Management by objective
h) Mixed economy
i) Level of management
j) Importance of final accounts [20]

Earning:   Approval pending.