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Kurukshetra University 2010 B.Tech Computer Science and Engineering Basics of economics and management - university paper

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BT-3/D09 8203
BASICS OF ECONOMICS AND MANAGEMENT
( 2006-07)
Paper : HUM-201(E)

Time : 3 Hours] [Maximum Marks :100

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

UNIT - I
1. Differentiate ranging from the long term equilibrium of a monopolist and perfectly
competitive firm. Will the monopolist always charge a higher price than perfectly
competitive firm? Justify your ans giving reasons. 20

2. explain the legal regulations of variable proportions. Where does it apply? elaborate its

limitations? 20

UNIT - I I

3. Eplain the principal contribution of H. Fayol to the development of management

thoughts 20

4. explain the human relations approach of Management. Why is it gaining

increasing importance in view of the globalization and liberalization? 20

UNIT - III

5. " 'Organizations' that fail to plan are planning to fail."
DO you agree or disagree? discuss giving reasons. 20

6. explain the Delegation of Authority. "Effective delegation pushes authority
vertically through the ranks of an organinsation." discuss whether this is
actual. 20

UNIT - I V

7. "Good communication is the foundation of sound management"- Comment. What
are the barriers to effective communications ?

8. Which leadership style according to you is the best and why? 20

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