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    PRINCIPLES OF BUSINESS DECISIONS Min

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    Asna Rachal Shibu
    This document appears to be an exam for a Business Decisions course, with sections covering multiple choice questions, short answer questions, and longer answer questions. The multiple choice section includes definitions for terms like microeconomics, movement vs shift in demand, advertising elasticity, short vs long term demand forecasting, and Delphi technique. The short answer section prompts explanations of concepts such as time perspective, factors influencing elasticity, income elasticity types, assumptions of diminishing returns, short run cost relationships, and equilibrium price graphs. The long answer section asks for explanations of decision types, demand determinants, returns to scale, and price determination under monopolistic competition.

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    PRINCIPLES OF BUSINESS DECISIONS Min

    Uploaded by

    Asna Rachal Shibu
    16 views2 pages
    This document appears to be an exam for a Business Decisions course, with sections covering multiple choice questions, short answer questions, and longer answer questions. The multiple choice section includes definitions for terms like microeconomics, movement vs shift in demand, advertising elasticity, short vs long term demand forecasting, and Delphi technique. The short answer section prompts explanations of concepts such as time perspective, factors influencing elasticity, income elasticity types, assumptions of diminishing returns, short run cost relationships, and equilibrium price graphs. The long answer section asks for explanations of decision types, demand determinants, returns to scale, and price determination under monopolistic competition.

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    PRINCIPLES-OF-BUSINESS-DECISIONS-min

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    This document appears to be an exam for a Business Decisions course, with sections covering multiple choice questions, short answer questions, and longer answer questions. The multiple choice section includes definitions for terms like microeconomics, movement vs shift in demand, advertising elasticity, short vs long term demand forecasting, and Delphi technique. The short answer section prompts explanations of concepts such as time perspective, factors influencing elasticity, income elasticity types, assumptions of diminishing returns, short run cost relationships, and equilibrium price graphs. The long answer section asks for explanations of decision types, demand determinants, returns to scale, and price determination under monopolistic competition.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    16 views2 pages

    PRINCIPLES OF BUSINESS DECISIONS Min

    Uploaded by

    Asna Rachal Shibu
    This document appears to be an exam for a Business Decisions course, with sections covering multiple choice questions, short answer questions, and longer answer questions. The multiple choice section includes definitions for terms like microeconomics, movement vs shift in demand, advertising elasticity, short vs long term demand forecasting, and Delphi technique. The short answer section prompts explanations of concepts such as time perspective, factors influencing elasticity, income elasticity types, assumptions of diminishing returns, short run cost relationships, and equilibrium price graphs. The long answer section asks for explanations of decision types, demand determinants, returns to scale, and price determination under monopolistic competition.

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    QP CODE: 19101762 Reg No : .....................

    19101762
    Name : .....................

    B. COM DEGREE (CBCS) EXAMINATION, MAY 2019


    Second Semester
    Complementary Course - CO2CMT02 - PRINCIPLES OF BUSINESS DECISIONS
    (Common for B.Com Model II Computer Applications,B.Com Model II Finance & Taxation,B.Com Model II
    Marketing ,B.Com Model II Travel & Tourism,B.Com Model III Office Management & Secretarial Practice
    ,B.Com Model III Taxation,B.Com Model III Computer Applications,B.Com Model III Travel &
    Tourism,B.Com Model I Computer Applications,B.Com Model I Co-operation,B.Com Model I
    Marketing,B.Com Model I Finance & Taxation,B.Com Model I Travel & Tourism ,B.Com Model II Logistics
    Management)
    2017 ADMISSION ONWARDS
    1382055F
    Maximum Marks: 80 Time: 3 Hours
    Part A
    Answer any ten questions.
    Each question carries 2 marks.

    1. Define Microeconomics
    2. Differentiate between movement in demand and shift in demand.
    3. What is advertising elasticity of demand?
    4. Distinguish between short term and long term demand forecasting.
    5. What is meant by Delphi technique?
    6. What is production theory?
    7. What is meant by diseconomies of scale?
    8. What is Isoquant?
    9. Differentiate between short term cost and long term cost.
    10. What is duopoly?
    11. What is Monopsony?
    12. List different stages of product life cycle.
    (10×2=20)
    Part B
    Answer any six questions.
    Each question carries 5 marks.

    13. Explain the concept of time perspective with an example.


    14. Explain the factors influencing elasticity of demand.
    15. What are the types of income elasticity of demand?
    16. State the assumptions of law of diminishing returns.
    17. The short run cost-output is the relationship between output and variable costs. Discuss.
    18. Graphically explain the concept of equilibrium price.

    Page 1/2 Turn Over


    19. What is monopoly? What are its features?
    20. What are the objectives of price discrimination?
    21. Explain skimming pricing and penetration pricing for new products.
    (6×5=30)
    Part C
    Answer any two questions.
    Each question carries 15 marks.

    22. Explain different types of decision.


    23. Explain with the suitable examples the various determinants of demand.
    24. Explain the law of returns to scale with the help of an example.
    25. Explain how price is determined under monopolistic competition.
    (2×15=30)

    Page 2/2

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