Mar 2012 1. Define managerial economics? Explain the nature and scope of managerial economics? [20] 2.

What is opportunity cost? How different cost concepts are relevant for managerial decisions? [20] 3. Differentiate between Joint Stock Company and partnership? [20] 4. Draw the network for the following project, identify the critical path. Find the project duration for the following project: [20] Activity 1-2 1-3 1-4 2-4 2-5 3-4 3-7 4-6 4-7 5-6 5-7 Time (months) 4 6 12 7 11 7 8 8 13 4 4 5. What are various channels of distribution? [20] 6. Discuss the objectives of financial statements analysis? Explain Liquidity, Solvency and Profitability Ratios. [20] 7. Explain the importance of computer application in project planning? [20] 8. Discuss the functions of personnel department. What is Manpower planning? [20] Mar 2012 1. Define managerial economics? Write the importance of managerial economics to engineers? [20] 2.a) What do you mean by BEA? Explain its limitations? b) The following information is extracted from the records of XYZ ltd. Fixed cost Rs.60000, selling price/unit ---Rs.10, variable cost/unit---Rs.4. You are required to determine (i) P/v ratio,(ii) BEP In Rs.(iii)BEP in units(iv) prepare a BE chart. [20] 3. Discuss the merits and demerits of proprietary partnership. [20] 4. What are the various methods the joint stock company adopt to raise finance? [20] 5. A project involves an initial outlay of Rs.60000. The cash flows for 6 years are given below. Calculate PBP, ARR, IRR . [20] year Cash flows after taxes 1 15000 2 20000 3 22000 4 30000 5 30000 6 30000

6. Draw a pert net work for the following activities and determine the probability of compelling the project in 48 days. [20] jobs 1-2 1-3 2-4 3-4 4-5 4-6 4-7 5-7 6-8 7-8

optimistic

Most likely

pessimisti c

5 1 4 3 10 14 3 5 1 2

8 3 6 7 20 18 6 9 4 5

1 5 7 9 30 23 10 12 6 9

7. Define management. Explain functions of management. [20] 8. Define advertising and explain its role in marketing of products. [20] Mar 2012 1. Define elasticity of demand. Explain different types of price elasticity of demand. [20] 2. Explain the relationship between marginal cost, average cost and total cost assuming a short run non-linear cost function. [20] 3. What is the need for public enterprise? Explain the recent achievement of public enterprises. [20] 4. Elaborate the importance of Finance function for evaluating the economic status of a business unit. [20] 5. Describe the role of management in the changed dynamic environment. [20] 6. How is Human Resource Management a system? What are its subsystems? [20] 7. What are the different types of charts and diagrams used in work study investigations? Give against each of them an example. When are they used? [20] 8. What are the different components of a project cost? How are they estimated? [20]

1. Desire backed by purchasing power is the definition of Demand. Explain the concept of demand with the help of schedule and graph. What is law of demand? Explain its assumptions. [20] 2. The following information is Rs.1,00,000 obtained from the records of a company: Sales Variable Cost Rs. 60,000

Fixed Cost 3.

Rs. 20,000

Explain the difference between proprietary and partnership forms of business.[20] 4. Company Z is planning to 1 2 3 4 5 expand its production by installing a new machine. Company X and Y are selling the same machine at Rs.5,00,000/-. The Life of machine is 5 years. But the expected benefits are as follows: Year Company X 50000 60000 70000 80000 90000 Company Y 75000 10000 12500 15000 12500 0 0 0

The salvage value of Company Xs machine is expected to be Rs.20000 while that of company Ys machine is nil. Calculate: a) Pay back Period b) NPV @ 12%. [20] 5. From the following balance sheet of ABC Co. Ltd., calculate the following ratios a) Current Ratio b) Quick ratio c) Debt equity ratio. [20] Balance Sheet of ABC Co., Ltd., as on 31.12.2008. Liabilities Equity Share Capital Debentures Creditors Outstanding expenses Profit and loss account Bank loan (Long Term) Total Rs. 1000 900 200 100 100 Assets Plant and Machinery Stock Debtors Cash in hand Prepaid expenses 200 2500 2500 Rs. 975 550 550 375 50

6. Explain the concepts of management. [20] 7. Explain the difference between job evaluation and merit rating. [20] 8. With the help of the following data: a) Draw the network b) Find project duration for the following project and c) Identify the 1-2 1-3 1-4 2-4 2-5 3-4 3-7 4-6 critical path. [20] Activity Time in months 4 6 10 7 12 7 7 7

4-7

5-6

5-7

12

Mar 2012

1. Explain the Nature and scope of Managerial Economics. [20] 2. Write short notes on: a) Least cost combination of inputs b) Isoquant c) Isocost. [20] 3.a) Explain Cost Volume profit Analysis. b) The following data are extracted from the financial statement of X Ltd. ___________________________________________________________ Rs. Sales (2,00,000 units Rs.10 each 20,00,000 Variable cost 10,00,000 Contribution 10,00,000 Fixed cost 6,00,000 Net profit 4,00,000 Calculate: i) The p / v ratio ii) BEP iii) Margin of safety ratio iv) What are BEP and new p/v ratio if the price increases by 10%. [20] 4. Explain the different sources of finance for industries. [20] 5. From the following particulars of three proposals each costing Rs.2,50,000 each, rank the proposals under each of the following methods: a) Pay back Period b) Average Rate of Return c) Net Present Value. It is further given that the tax rate is 50 per cent; depreciation is calculated on straight line method; scrap value is zero; life time of each of the assets is three years and the company is particular about a yield of 12 per cent per annum. [20] Cash flow after tax Proposal Proposal I Proposal II Proposal III Year I 90,000 1,60,000 1,20,000 Year II 1,60,000 1,20,000 90,000 Year III 1,20,000 90,000 1,00,000 Year IV 70,000 50,000 30,000 -----------------------------------------------------------------------------------------------

6. Explain the features of sole proprietary concern and what are the advantages and disadvantages of this form of organization. [20] 7. From the following transactions prepare Journal, Ledger and Trial Balance. Jan, 2006 1 Received Capital from Mohan Rs.1,00,000/2 Deposited Cash into Bank Rs.50,000/3 Purchased Land for Cash Rs.10,000/4 Purchased Machinery for Cash Rs.10,000/5 Purchased Goods from Mohan on Credit Rs.7,000/- [20] 8. Write Short notes on with the help of formula: a) Gross Profit Ratio b) Net Profit Ratio c) Operating Profit Ratio d) P/E Ratio e) EPS. [20] Sep 2011 1. Define demand forecasting? Write any 5 techniques of demand forecasting? [20] 2. Explain various concepts of cost? [20] 3. Define partnership? Write its merits and demerits? [20] 4. Explain the methods of pay back period and discounted cash flows method? [20] 5. Define cost? Explain short run costs briefly? [20] 6. Explain various principles of management and write functions of management? [20] 7. Explain PERT and CPM with merits and demerits? [20] 8. Classify financial ratios on the basis of financial statements? [20] Sep 2011 1. 2. 3. 4. Explain the nature and scope of managerial economics? [20] Explain any two forms of business organisation? [20] Define capital budgeting and write methods of capital budgeting? [20] The following ratios related to ZED limited: gross profit ratio ----10%, debtors velocity----6 months, creditors velocity----6 months, stock velocity -----7 months, gross profit for the year ending 31st march was RS.70000. Closing and opening stock are of same amount. Find a) sales b) closing stock c) sundry debtors d) sundry creditors. [20] 5. Write about the basic functions of personnel department? [20] 6. Define management? Explain various functions and principles of management? [20] 7. Explain the importance of computer application in project planning? [20] 8. Discuss in brief the preparation of financial statements? [20]

Sep 2011 1. What is law of demand? What are the determinants of demand? What are the exceptions to demand? [20] 2. Write short notes on: i) Contribution ii) P/V Ratio iii) Break-even Point in Nos. iv) Break-even Point in Amt v) Margin of Safety. [20] 3. Explain the different sources of finance and methods of raising finance. [20] 4. An Investor intends to set up a Project with an outlay of Rs.1,00,000/-. The Cash Inflows for the project are as under. Find the Net Present Value. Year 1 2 3 4 5 Cash Inflows 20000 25000 30000 35000 40000 Factor (@10%) 0.909 0.824 0.751 0.683 0.620 [20] 5. The following is an extract of a balance sheet of a company during the last year. Compute Current Ratio and Quick Ratio. Land and building Rs.2,00,000 Plant and machinery Rs.3,00,000 Furniture and fixtures Rs.1,25,000 Closing Stock Rs. 50,000 Sundry Debtors Rs. 60,000 Wages prepaid Rs. 10,000 Sundry Creditors Rs. 18,000 Rent outstanding Rs. 12,000 [20] 6. Compare and contrast Administration and Management. [20] 7.a) Explain the different functions of marketing. b) Explain what is marketing mix. [10+10] 8. Explain the application of network techniques to engineering projects. [20] Feb 2011 1. Describe the Break-Even Point with the help of diagram and its uses in business decision making. [20] 2. The information about Raj & Co., are given below: a) Profit-Volume Ratio 20% b) Fixed Cost Rs.36, 000 c) Selling price per unit Rs.150 Calculate: a) BEP (in Rs.) b) BEP (in units) c) Variable Cost per unit d) Selling price per unit [20] 3. Compare and contrast the partnership business and sole trading business. [20] 4. Determine the cash inflows pay back period for the information given below a) the project cost is Rs.20,000

b) the life of the project is 5 years c) the cash flows for the 5 years are Rs. 10,000; Rs.12000; Rs.13000; Rs.11000 and Rs.10,000 respectively and d) tax rate is 20%. [20] 5. What do you understand by Solvency position of a manufacturing Organization? How is it evaluated? Illustrate with assumed data. [20] 6. What is an organization? Explain different types of organizations along with their merits and demerits. [20] 7. Define Personnel Management. Analyze how it continues to be an integral part of the organization. [20] 8. a) What are the objectives of network analysis? b) What are the applications of network analysis. c) State the differences between PERT and CPM. [20] Aug 2010 (Mech) 1. Define elasticity of demand. Explain different types of price Elasticity of demand. [20] 2. How do you determine BEP in terms of physical units and sales value? Explain the concepts of margin of safety and the angle of incidence. [20] 3. What are influencing feature to be critically examined before selecting the location to start an industrial unit? [20] 4. What is the importance of Capital budgeting? Explain the basic steps involved in evaluating capital budget proposals. [20] 5. What is Price discrimination? Discuss the different methods of Price discrimination. [20] 6. Define a Business Organization. Discuss the features of different types of Business Organizations. [20] 7. What types of adjustments you generally come across while finalizing Accounts? Illustrate any four of them with assumed data. [20] 8. Discuss the importance of Ratio Analysis for inter firm and intra-firm comparison, including circumstances responsible for its limitations, if any. [20] Aug 2010 (EEE) 1. Explain the nature of problems studied in Managerial Economics. What is the importance of the study of such problems in business Management? [20] 2. What are the reasons for Joint Stock Company being popular as a form of business Organization? Explain. [20] 3. What is NPV? What is IRR? Compare and contrast the two methods of evaluating capital proposals. [20] 4. Write short notes on the following and give appropriate examples a) Current ratios and Quick ratios b) Debtor- Turnover ratio and Inventory turnover ratio [10+10] 5. What are the contributions made by Fayol for the development of management philosophy? [20] 6. What is Consumer orientation? Explain the important stages of developing

suitable marketing process for a) Manufactured products and b) Services. [20] 7. a) Explain the meaning of `crashing' in network techniques. b) What do you understand by the term direct cost and indirect cost in PERT costing techniques? [20] 8. Explain the nature of costs involved in a project. Discuss how a project manager should go about analyzing the difference costs for the purpose of project crashing. Aug 2010 (CSE) 1. Explain the concepts and kinds of elasticity of demand that are relevant to the manager of a firm. [20] 2. a) What is meant by production? Define production function and describe the underlying assumption. b) Explain the importance and uses of production function in Managerial Economics. [10+10] 3. What do you understand by working capital cycle and what is its importance? [20] 4. a) What is the procedure to be followed while preparing a trial balance and how can you validate the trial balance prepared. b) What are the objectives of preparing the trial balance? [12+8] 5. How does a Monopoly firm attain equilibrium under different cost conditions? [20] 6. Answer briefly the following: a) Principles of organization b) Channels of distribution and their suitability. [10+10] 7. What is Consumer orientation? Explain the important stages of developing suitable marketing process for a) Manufactured products and b) Services. [6+7+7] 8. a) What are the major characteristics of a critical path ? b) Discuss the benefits of network techniques in project planning and control. [8+12] Aug 2010 (Civil) 1. Define elasticity of demand. Explain different types of price elasticity of demand. [20] 2. Explain the relationship between marginal cost, average cost and total cost assuming a short run non-linear cost function. [20] 3. What is the need for public enterprise? Explain the recent achievement of public enterprises. [20] 4. Elaborate the importance of Finance function for evaluating the economic status of a business unit. [20] 5. Describe the role of management in the changed dynamic environment. [20] 6. How is Human Resource Management a system? What are its subsystems? [20] 7. What are the different types of charts and diagrams used in work study

investigations? Give against each of them an example. When are they used? [20] 8. What are the different components of a project cost? How are they estimated? [20] Aug 2010 1. What are the different types of sales forecast? Illustrate demand forecasting based on economic indicators. [20] 2. Define a Joint-stock Company and explain its basic features. [6+14] 3. Give various examples of capital budgeting decisions. Classify them into specific kinds. [8+12] 4. Write short notes on: a) Ratios associated with working capital, b) Components of Debt [10+10] 5. Describe the basic management functions and the management process. [10+10] 6. What is manpower planning? What is its importance? [8+6+6] 7. a) Explain the meaning of crashing in network techniques. b) What do you understand by the term direct cost and indirect cost in PERT costing techniques? [20] 8. Cost slope is the key determinant for project crashing. Elucidate. [20] Aug 2010 1. Managerial economics is an integration of economic theory with business practice for the purpose of facilitating decision making and forward planning by management. Explain. [20] 2. Discuss the factors affecting the choice of forms of business organization. [20] 3. A project involves initial outlay of Rs.1, 29,600. Its working life is expected to be 3 years. The cash inflows are likely to be as follows: 1st year: 64,000, 2nd year: Rs.56000, 3rd year: Rs. 24,000. Compute the Internal Rate of Return. [20] 4. Write short notes on: (a) Ratios associated with working capital, (b) Components of Debt. [10+10] 5. Bring out and explain any six important principles of management. [20] 6. Write short notes on: (a) Branding (b) Standardization (c) Sales promotion. [6+6+8] 7. a) What are the objectives of network analysis? b) What are the applications of network analysis? c) State the differences between PERT and CPM. [20] 8. Comment on the following: a) The crashing of an activity may lead to change in the critical path. b) Where there are two critical paths crash firs the common activity falling under the

critical paths. Cost slope in this context has no meaning. [20] Jan 2010 1.a) What is meant by Break-Even Analysis? Explain the uses and limitations of BEP. b) Appraise the usefulness of Break-Even Analysis for a multi product organization. [10+10] 2. Compare the merits and demerits of different forms of business organization and their suitability with different types of business activities. [20] 3. What is NPV? What is IRR? Compare and contrast the two methods of evaluating capital proposals. [20] 4. Elaborate the importance of Finance function for evaluating the economic status of a business unit. [20] 5. What do you mean by organization chart? Explain the advantages and limitations of the organization charts. [20] 6.a) How is Marketing different from Selling? b) What are the preceding activities involved prior to marketing products? [10+10] 7.a) What is the difference between the time estimates of PERT activity and a CPM activity . b) Distinguish between an activity and an event. c) State Fullersons rule for numbering the nodes of a network. [7+7+6] 8. What are the different components of a project cost? How are they estimated? [20] June 2009 1. What is meant by Demand Schedule, Demand curve and demand function? How is market demand calculated from individual demands? [6+2+2+10] 2. Compare the merits and demerits of different forms of business organization and their suitability with different types of business activities. [10+10] 3. What is Accounting rate of return and Pay back period? Compare and contrast the two. [5+5+10] 4. Who are the users of financial statements of a business unit and explain how differently they interpret the financial data? [10+10] 5. What are the contributions made by Fayol for the development of management philosophy? [20] 6. What are the basic functions of HRM? [10+10] 7. A project has the following characteristics: [20] Activity Optimistic Time (days) Pessimistic Time Most Likely Time (days) 1-2 1 5 1.5 2-3 1 3 2 2-4 1 5 3 3-5 3 5 4 4-5 2 4 3 4-6 3 7 5 5-7 4 6 5

6-7 6 8 7 7-8 2 6 4 7-9 5 8 6 8-10 1 3 2 9-10 3 7 5 Construct a PERT network. Find the critical path and variance for each event. Find the project duration at 95% probability. 8. What do you understand by optimum cost and optimum duration? Draw a typical cost duration curve and show on it optimum cost and optimum duration.[5+5+10] Dec 2008 1. Sales are Rs.1,10,000 producing a profit of Rs.4000 in period-I Sales are Rs.1,50,000 producing a profit of Rs.12000 in period-II. Determine BEP and fixed Expenses. [10+10] 2. Compare and contrast the Partnership business and sole trading business.[10+10] 3. Consider the case of the company with the following two investment alternatives each costing Rs. 9 lakhs. The details of the cash inflows are as follows; [10+10] Rs. In Lakhs Rs. In Lakhs Project 1 Project 2 Year 1 3 6 254 363 The cost of capital is 10 % per year. Which one will you choose? (a) Under NPV method (b) Under IRR method? 4. Who are the users of financial statements of a business unit and explain how differently they interpret the financial data? [10+10] 5. What is an organization? Explain different types of organizations along with their merits and demerits. [5+5+5+5] 6. How are products classified for the purpose of Marketing? What do you understand by Channel of distribution? What factors influence the selection of an appropriate channel of distribution? [8+6+6] 7. A critical path activity is given below Figure 7. The activity times are given besides each activity. [20] 1 of 2 Figure 7 Mark the events accroding to Fulkersons Rule. Determine the critical path and the critical path time. 8. What do you understand by cost slope? How is it determined? How is it important for project crashing? [5+5+10] June 2008

1. Sales are Rs.1,10,000 producing a profit of Rs.4000 in period-I Sales are Rs.1,50,000 producing a profit of Rs.12000 in period-II. Determine BEP and fixed Expenses. [10+10] 2. Describe the institutions providing long term finances. [5 4 = 20] 3. What is Accounting rate of return and Pay back period? Compare and contrast the two. [5+5+10] 4. Who are the users of financial statements of a business unit and explain how differently they interpret the financial data? [10+10] 5. Describe the different functions of the management. Discuss the expected tasks to be performed by managers to effectively deal with the various challenges. [10 2 = 20] 6. What are the basic functions of HRM? [10+10] 7. (a) What is critical path method (CPM)? (b) What is the Programme Evaluation Review Technique (PERT)? (c) What does each involve? How are they similar? Different? What Particular advantages does PERT have over CPM? Why is this an advantage for the operations manages? [20] 8. Comment on the following: (a) The crashing of an activity may lead to change in the critical path. (b) Where there are two critical paths crash firs the common activity falling under the critical paths. Cost slope in this context has no meaning. [20 Dec 2007 1. Define elasticity of demand. Explain different types of price Elasticity of demand. [6+14] 2. What do you understand by working capital cycle and what is its importance? [10+10] 3. Give various examples of capital budgeting decisions. Classify them into specific kinds [8+12] 4. What are financial statements? Why are they needed? How are they prepared? [6+8+6] 5. What do you mean by organization chart? Explain the advantages and limitations of the organization charts. [8+6+6] 6. (a) How is Marketingdifferent from Selling? (b) What are the preceding activities involved prior to marketing products?[10+10] 7. (a) Discuss in brief: i. Total float ii. Free Float and iii. Independent float. (b) Explain the use of floats in CPM network. [5+5+5+5] 8. What are the different components of a project cost? How are they estimated? [20]