BASICS OF INDUSTRIAL
SOCIOLOGY, ECONOMICS & MANAGEMENT
HUM 201 E
PREVIOUS YEAR QUESTIONS OF BISEM
1.
Explain the law of diminishing returns along with its modern
version. Discuss that this law is a universal law. [BT-3/D08]
2.
Describe the term Price discrimination. When is it (a) possible,
and (b) profitable?
[BT-3/D08]
3.
Explain the various Cost Concepts. Discuss why the average Cost
Curve U-shaped is. [BT-4/JX]
4.
Discuss the difference between monopoly and perfect
competition. [BT-4/JX]
5.
Differentiate between the long term equilibrium of a monopolist
and perfectly competitive firm. Will the monopolist always charge a higher
price than perfectly competitive firm? Justify your answer giving reasons. [BT-3/D09]
6.
Discuss the law of Variable proportions. Where does it apply? What
are its limitations? [BT-3/D09]
7.
Explain the following: [BT-3/D07]
8.
Types of Production function.
9.
Why is Short Run Average Cost (SAC) curve a U-shaped curve?
10. Industrial
Economics.
11. Relation
between AC and MC.
12. Define
Monopoly. How price and output are determined under it both in short run and
long run? [BT-3/D07]
13. What are
Isoquants? Use Isoquants and Isocost curves to show how a producer minimizes
his cost of production for a given output. Show how a producer maximizes his
output subject to a cost constraint. [BT-3/DX]
14. Discuss the
relation between Average and Marginal cost with the help of assumed data. Is
marginal cost always U-shaped? Explain giving reason. [BT-3/DX]
15. Explain the
law of Variable Proportion. Why does it apply? [BT-3/D06]
16. Explain:
·
Total Cost
·
Marginal Cost
·
Opportunity Cost
·
Average Cost
With the help of table and diagram. [BT-3/D06]
17. “Is
Management a Science or an Art?” Discuss this in view of changing business
environment. [BT-3/DX]
18. Describe the
various functions of Management. Are these functions interrelated if Yes, how? [BT-3/DX]
19. Define
Management. Explain its characteristics. [BT-4/D07]
20. Is
Management an Art, Science or a Profession? Discuss. [BT-4/D07]
21. Discuss the
importance of Management in the present-day world. [BT-3/D08]
22. Define
Management. Discuss the principles of management in detail. [BT-3/D08]
23. Explain the
main functions of management and discuss the nature of management. [BT-4/JX]
24. Explain the
various concepts regarding the difference between “Management and
Administration”. [BT-4/JX]
25. Explain the
principal contribution of H, Fayol to the development of management thoughts. [BT-3/D09]
26. Discuss the
Human relations approach of management. Why is it gaining increasing importance
in view of the globalization and liberalization? [BT-3/D09]
27. Discuss the
characteristics of a profession. Is management a profession? Discuss in detail.
[BT-4/J08]
28. Describe, in
detail, the principles of management propagated by Henry Fayol.
[BT-4/J08]
29. Describe the
basic steps in the Planning process. How and why each is important? [BT-3/D08]
30. “Organization is an important tool to achieve
organizational objectives.” Comment.
[BT-3/D08]
31. Discuss the
steps in the process of organizing. [BT-4/JX]
32. What is
policy? Give its characteristics and evaluate it. [BT-4/JX]
33. “Organizations’
that fail to plan are planning to fail.” Do you agree or disagree? Explain
giving reasons. [BT-3/D09]
34. Describe the
following:- [BT-4/J08]
35. Planning
premises/features.
36. Centralization
and decentralization.
37. Explain the
meaning of planning. What is the difference between planning policy and
strategy? [BT-4/J08]
38. Why is
Planning important? Differentiate between Planning Policy and Strategy. Explain
the steps in planning. [BT-3/DX]
39. Explain
Centralization with the help of hierarchy of organization. Analyze the merits
and demerits of centralization. [BT-3/DX]
40. “Delegation
provides the mean whereby a manager multiplies himself”. Comment [BT-3/S09]
41. Distinguish
between: [BT-3/D06]
42. Authority
and Responsibility.
43. Centralization
and Decentralization.
44. Explain the
following: [BT-3/D07]
·
Planning Premises
·
Steps in Planning
45. Critically
examine the different styles of Leadership. [BT-3/D08]
46. “Planning is
looking ahead and Control is looking back.” [BT-3/D08]
47. Describe the
term Selection. What are the necessary steps involved in the selection of
employees? Explain. [BT-4/JX]
48. Define
Communication. Explain the barriers to effective communication. Suggest
measures to overcome these barriers. [BT-4/JX]
49. Examine in
detail, the procedure of selection usually adopted in industries. [BT-4/J08]
50. Discuss the
following: [BT-4/J08]
51. Communication
process and barriers.
52. Control
process and steps involved in controlling.
53. Explain the
communication process with a suitable model. What are the main barriers to
communication? Discuss. [BT-3/D06]
54. Explain
Control Process. What are main steps in controlling? Explain. [BT-3/D06]
55. “Good
communication is the foundation of sound management”-Comment. What are the
barriers to effective communication? [BT-3/D09]
56. Which
leadership style according to you is the best and why? [BT-3/D09]
57. What is
Staffing? Explain the procedure involved in selection of a candidate.
[BT-3/DX]
58. What are the
different types of Organizational control? Mention the advantages of using
budget as a control. [BT-3/DX]
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