Kurukshetra University 2009 B.Tech Electronics and Communications Engineering Basic of Economics of Managemnet - Question Paper

Basics of Economics of Management
HUM-201E/202E

TIME : 3 HOURS] [MAXIMUM MARKS : 100

note:- attempt 5 ques. in all taking at lowest 1 from every unit. all ques. carry equal
marks.

UNIT-1

1. explain the legal regulations of variable proportions and discuss the conditions of its applicability.

2. what do you mean by price discrimination ? how output price is determined under discriminating
monopoly ?

UNIT-2

3. "Management is both a science as well as an Art". discuss.

4. write down any 8 principles of management provided by Henry Fayol.

UNIT-3

5. what is planning ? explain the steps of planning.

6. responsibility and authority should be equal . explain elaborate the obstacles in the delegation
of authority.

UNIT-4

7. describe the meaning the staffing . explain its importance.

8. explain the purpose of selection and recruitment. provide the methods of recruitment.

Earning:   Approval pending.