St. Joseph’s College of Commerce M.Com 2016 II Sem Managerial Economics Question Paper PDF Download

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ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS)

END SEMESTER EXAMINATION – MARCH/APRIL 2016
m.com  –  ii semester
P115 AR 202: MANAGERIAL ECONOMICS
Duration: 3 Hours                                                                                        Max. Marks: 100
SECTION – A
I) Answer any SEVEN questions.  Each carries 5 marks.                              (7×5=35)
  1. Explain the decision making process in brief with suitable examples at each process/stage.
  2. What is Benchmarking?  Describe its measure of performance.
  3. What is meant by risk bearing theory of profits?
  4. What to you mean by PDCAC in TQM?
  5. How reengineering process helps in business?
  6. Explain the significance of Anti trust laws in Indian business.
  7. What are learning curves? State their scope in the cost benefit analysis.
  8. Explain the six sigma process.
  9. Is safety margin different from target profit explain through a mathematical problem.
  10. Briefly explain the sales maximization theory of the firm.
SECTION – B
II) Answer any THREE questions.  Each carries 15 marks.                         (3×15=45)
  11. State the relationship between the SAC and LAC curves (through a diagram).  State their significance in business decision.
  12. What is Producers equilibrium? Explain the economic region of operation in the production process with the help of ridgelines.
  13. Explain the relationship of Total, Average  and Marginal relationships used in a Company.
  14. What is TQM? Explain the different method of TQM followed in the companies.   Answer with examples.
  15. What is meant by demand forecasting? Explain with the help of a mathematical example:  a. The least square method b. Moving average method of forecasting the demand for a product.
 

 

 

SECTION – C

III) Case Study                                                                                                     (1×20=20)

 

  16. HXM  sales  of Computer peripherals.

 

Year Sales(rs) Profits(rs)
2011 20000 100000
2012 25000 140000

 

Fixed cost being Rs 200000/-

a.      What is a Break even point?

b.      Find the break even point .

c.       Find Profit volume ratio.

d.     Find the sales required to earn a profit of Rs. 18000/-

 

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