THE HINDU COLLEGE – MBA :: MACHILIPTNAM QUESTION BANK SEMESTER - I (PREPARE ANSWERS FOR THE FOLLOWING TOPICS IN 5-6 PAGES) PAPER –I :Management Process: 1.Definition‚functions and principles of management‚ skills of managers 2.Management Art/Science/Profession 3.Social responsibilities of business 4.Organisational structures 5.Methods of department
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Demand & Supply of Money: a case in India Over the years‚ Indian economy began with a barter system where commodities were used as money to the definition of money in the current scenario.Its development can be traced as follows:- Classical theory of money demand: The main concern of this theory is to analyze how money may affect the Aggregate Demand (AD) of goods and services in the economy. According to the Classical Theory the AD is more or less stable. Shifts in the demand
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necessary for the movement of passengers of goods. Answer. . Q9. The advertisement which is used to inform customers about a new product or feature & to build primary demands is known as: Answer. . Q10. An art that predicts the livelihood of economic activity on the basis of certain assumptions. Answer. . Section A (Part-2) Q1. Write a note on importance of consumer behavior for a business firm. Answer: . Q2. Define the term “Price”. Answer: Q3. Distinguish between
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Major Assignment 1) a) Demand Function: Quantity Demanded (Qd) = a + b* Price (P) Supply Function: Quantity Supplied (Qs) = a + b* Price (P) Where: a = constant b = the change in quantity as a result to the change in price. Demand Function: Quantity Demanded (Qd) = a + b* Price (P) b = (420 – 350) / (20 – 25) = 70 / -5 = -14 Using: P = 25‚ Qd = 350 350 = a – 14 * (25) 350 = a – 350 Therefore a = 700 and the demand function would be: Qd = 700 – 14 * P Supply Function:
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1 Examination-2014 Quantitative Techniques QUIZ TEST (Answer All Questions) Time – 20 mins Full Marks – 10 (10 x 1) 1. The GM of a set of five numbers is 2. The GM of a set of four numbers is 4. What is the GM of the numbers if both the sets considered together? 2. What do you mean by bi-modal incase of measures of central tendency? 3. If mean and SD are 50 and 10 then what is the value of Coefficient of Variation. 4. What is the empirical relationship between Mean‚ Median and
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Chapter 3 3-1. Concert Opportunity Cost You won a free ticket to see a Brice Springsteen concert ( assume the ticket has no resale value). U2 has a concert the same night‚ and this represents your next best alternative activity. Tickets to the U2 concert cost $80‚ and on any particular day‚ you would be willing to pay up to $100 to see this band. Assume that there are no additional costs of seeing either show. Based on the information presented here‚ what is the opportunity cost of seeing
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PAPER ON EFFECTS OF MARKET STRUCTURE OF AN INDUSTRY ON THE CONDUCT AND PERFORMANCE OF A FIRM This paper provides an overview of telecommunications industry in Kenya and discusses how structure of the industry can affect the conduct of a firm within an industry and also explores how market structure and conduct of the firm affect the firm’s performance. It also offers some ideas regarding the future of the telecommunications sector in Kenya. Introduction Kenya ’s earliest telecommunications connections
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Final Examination of Economics 1.When the money market is drawn with the value of money on the vertical axis‚ if the price level is above the equilibrium level‚ there is an a. excess demand for money‚ so the price level will rise. b. excess demand for money‚ so the price level will fall. c. excess supply of money‚ so the price level will rise. d. excess supply of money‚ so the price level will fall. 2.According to the classical dichotomy‚ when the money supply doubles which
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QUESTION 1: Angel plc is a listed industrial business and is considering a major investment. The investment projects team needs an appropriate rate at which to discount the estimated after-tax cash flow for the investment. Following the business’s normal practice‚ this is to be based on the weighted average cost of capital (WACC). Figures‚ relating to long-term financing‚ included in the business’s most recent balance sheet are: £m Ordinary shares of £0.50 each (160 million) 80 Share
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Appalachian Coal Mining believes that it can increase labor productivity and‚ there- fore‚ net revenue by reducing air pollution in its mines. It estimates that the marginal cost function for reducing pollution by installing additional capital equipment is MC = 40P where P represents a reduction of one unit of pollution in the mines. It also feels that for every unit of pollution reduction the marginal increase in revenue (MR) is MR =1‚000 =10P. How much pollution reduction should Appalachian Coal
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