nese | B.Tech. DEGREE EXAMINATION, NOVEMBER 2012 Seventh Semestr E0401 - ECONOMICS AND PRINCIPLES OF MANAGEMENT (nthe canted rom th er 2007-2008 onwards) ‘Time: Three hours Answer ALL Questions PART-A(10x2=20 Marks) |. What is Giffen effect? What are the various types of demands? Define law of supply Define Break Even Point. ‘What ie management? ‘What are the Functions of management? ‘State the importance of motivation State the sourres of recruitment. Define Management By Objectives (MBO). 10, What is Supply Chain Management (SCM)? ‘Max. Marks: 100 PART B (5x 16~ 80 Marks) 11a. What are the factors of demand? Explain them in detail, (or) ». Discuss about the various methods of demand or sles. Ra Ba a What aro the diffrent types of cost? Discuss them in deta (oR) ‘Enumerate the diferent kinds of pricing methods. Discus. ‘The terms ‘management’ and ‘administration’ do not mean the same thing, How do they denote differnt meanings? Explain. (OR) Explain the fourteen principles of management, as advocated by Henry Feyol. Explain Maslow’s theory of motivation, (oR) What are different barriers of communications? What steps ‘ean be taken to overcome these barriers? List out the salient features of MBO. (oR) Discuss about advantages and disadvantages of ‘Management By Exception (MBE)?