Kurukshetra University 2010 B.Tech BASIC OF ECONOMICS AND MANAGEMENT,, - Question Paper

BT-3/DX
BASIC OF ECONOMICS AND MANAGEMENT
(2006-07)ONWARDS
paper:HUM-201(E)

time: 3 hour] [maximum marks:100

Note:Attempt 5 ques. in all, Seleting at lowest 1 ques. from every unit.

UNIT-1

1. Discusss the relation ranging from avg. and marginal cost with the help of presumed data.Is marginal cost always U-shaped? Expalin giving cause. 20

2. elaborate Isoquants?Use isoquant and Isocost curves to sho how a producer minimizes his cost of production for a givin output. Show how a producer maximizes his output subject to a cost costraint.20

UNIT-2

3. "Is Management a Science or an Art?" Disuss this in view of changing business environent.20

4. define the different function of Management. Are these functions interrelated if YEs,HOw?20

UNIT-3

5. discuss Centralization with the help of hierarchy of organization. Analyze the merits and demerits of centralizaton.20

6.Why is Planning important ? Differentiate ranging from Planning Policy and Strategy.Explain The steps in Planing.20

UNIT-4

7. What is Staffing? discuss the procedure involved in selection of a candidate.20

8. elaborate the various kinds of Organizational control? Mention the advantages of using budget as a control. 20



8348/20,500/KD/1377

Earning:   Approval pending.