Managerial Economics
St. Joseph’s College of Commerce M.Com 2016 II Sem Managerial Economics Question Paper PDF Download
ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS) |
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| 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. | ||||||||||
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SECTION – C |
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| III) | Case Study (1×20=20)
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| 16. | HXM sales of Computer peripherals.
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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