PART A

1. Define Economics.
2. Define Demand
3. What do you understand by supply?
4. Differentiate Average Cost and Marginal Cost.
5. What is economic optimization?
6. What are the objectives of pricing?
7. What are the types of costs
8. What is the importance of demand forecasting?
9. What are public sector undertakings?
10.What is BEP?
11.Write down the importance of price elasticity
12.What do you understand by performance appraisal?
13.Define Management
14.What is a joint stock company?
15.What do you understand by Income Elasticity?
16.What is career planning?
17.What are the various levels of strategy?
18.List any two advantages of MBO
19.What is ERP?
20.What is strategy?
21.What is advertisement elasticity?
22. Briefly explain the importance of Supply Chain Management?
23.Define Supply chain management
24.What is Activity based management?
25.What is human resource development?

PART B
26.Explain the types of price elasticity of demand with suitable diagrams.
27.Explain the factors governing pricing policies.
28.Explain the various methods of performance appraisal.
29.Explain the types of costs and factors determining cost.
30.Explain the major functions of management
31.Explain the principles of Management by Objectives.
32.Discuss the importance of SWOT analysis in organizations.
33.Explain the factors influencing demand with suitable example.
34.Explain BEP using a diagram and discuss the usefulness of BEP.
35.Explain the evolution of Modern Management.
36.Discuss the significance of time management.
37.Explain the steps involved in the development of human resource.
38.Explain the scope of economics
39.Explain the importance of economics to engineers
40.Discuss the various methods of demand forecasting
41.Explain BEP using a suitable diagram.

42.Explain the Advantages and Disadvantages of Management by

Objectives
43.Differentiate MBO and MBE.
44.Explain the importance of managerial communication
45.Explain the various forms of business organizations.
46.Explain the various motivation theories.
47.Explain the various types of leaderships.
48.Explain the classifications of costs