Kurukshetra University 2007 B.Tech Electronics and Communications Engineering Basics of Economics

Basics of Economics and Management
Paper: HUM-201 E
Time: 3 Hours
Maximum Marks: 100

Note:—Attempt 5 ques. in all. choose at lowest 1 ques. from every unit.

UNIT—I

1.Explain the legal regulations of Variable Proportion. Why does it apply ? [20]

2 Explain:
(a) Total Cost [5]
(b) Marginal Cost [5]
(c) avg. Cost [5]
(d) Opportunity Cost with the help of table and diagram. [5]

UNIT—II

3. Is Management an Art, Science or Profession ? explain. [20]

4.Explain Henry Fayol's Principles of Management. [20]

UNIT III

5.Distinguish between:
(a) Authority and Responsibility. [10]
(b) Centralisation and Decentralisation. [10]

6.Write notes on:—
(a) Planning Premises [10]
(b) Styles of Leadership. [10]

UNIT IV

7. discuss the communication process with a suitable model.What are the main barriers to communication ? explain. [20]

8. discuss Control Process. elaborate maw steps in controlling ? discuss. [20]

Earning:   Approval pending.