University of Mumbai 2007-6th Sem B.E Electrical and Electronics Engineering Industrial Economics & Management - Question Paper
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Con/5515-07. (REVISED COURSE) ' C53&A
(3 Hours) [ Total MajJlHoo
N.B. : (1) Attempt any five questions.
(2) Each question carries 20 marks. Each sub-question carries 10 marks.
1. (a) What are the functions of money ?
(b) Take an example and explain in detail, the credit creation by banks.
2. (a) Explain briefly, the different types of competition with their advantages and disadvantages.
(b) List and explain the functions of RBI.
3. (a) Explain Maslows Motivation Theory and write its disadvantages.
(b) Wnat are the costs associated with inventory ?
4. (a) Explain ABC analysis of inventory control.
(b) Fcr an item, price = Rs. 30. Annual demand = 4800. Inventory carrying
cost = 30%. Ordering cost is = Rs. 80.
Find the Economic order quantity,
5. (a) What are different phases of project and its management ?
(b) Discuss the application of industrial psychology in Human Resoure Managemont.
6. (a) Explain the terms payback period and Net present value, along with their application.
(b) What are the sources of public revenue ?
7. Write short notes on any two ;
(a) Direct and Indirect Taxes
(b) New Economic Policy
(c) Communication in Management.
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