UnFoldPrep
Browse Archive
Gujarat Technological UniversitySummer 2023 Examination

GTU 3140709 Principles of Economics and Management (PEM) Summer 2023 Paper Solution & PDF

B.E. · Computer Engineering · Semester 4 · Subject Code: 3140709
Download Official GTU PDF
Share:
Total Marks70 MarksExternal theory exam
Passing Marks23 Marks33% minimum cutoff
Exam Duration2.5 Hours10:30 AM – 1:00 PM
Paper Structure5 QuestionsWith internal OR choices
Jump toQ1Q2Q3Q4Q5

Question 1

14 MarksMedium
(a)

Draw the diagram for the flow of goods, services, resources and money payments in a simple economy.

3 Marks
(b)
Give the definition and scope of economics in engineering.
4 Marks
(c)
Explain the determinants of elasticity of demand in detail.
7 Marks

Question 2

14 MarksMedium
(a)
Describe objectives of fiscal policy.
3 Marks
(b)
Explain functions of RBI in brief.
4 Marks
(c)
XYZ IT Solution Ltd has the following details:

Fixed cost = Rs. 20,00,000 Variable cost per unit = Rs. 100 Selling price per unit = Rs. 200 Find the following:

aThe break-even sales quantity,
bThe break-even sales
cIf the actual production quantity is 60,000, find contribution and Margin of Sales
7 Marks
OR OPTION
(c)
Consider the following data of a company for the year 2022:

Sales = Rs. 1,20,000 Fixed cost = Rs. 25,000 Variable cost = Rs. 45,000 Find the following:

aContribution
bProfit
cBreak Even Point (BEP)
4 Marks
(d)
Margin of Sales
7 Marks

Question 3

14 MarksMedium
(a)
Enlist causes of inflation.
3 Marks
(b)
Describe absolute and relative poverty in brief.
4 Marks
(c)
Explain various types of markets with their characteristics.
7 Marks
OR OPTION
(a)
Write a brief note on personal income.
3 Marks
(b)
Define following terms: GNP, GDP, NNP, NDP
4 Marks
(c)

Define meaning of unemployment. Describe various types of unemployment with suitable example.

7 Marks

Question 4

14 MarksMedium
(a)
Explain nature of staffing in management.
3 Marks
(b)
Describe importance of planning in management.
4 Marks
(c)

Henri Fayol has stated 14 administrative principles of management. Enlist them and explain any four of them.

7 Marks
OR OPTION
(a)
Compare management and administration.
3 Marks
(b)
Describe roles of managers.
4 Marks
(c)
Analyze various types of organization with example.
7 Marks

Question 5

14 MarksMedium
(a)
Explain attributes of culture in brief.
3 Marks
(b)
Explain importance of business ethics in the IT firm.
4 Marks
(c)

Explain Maslow’s theory of Hierarchy of Needs with appropriate diagram.

7 Marks
OR OPTION
(a)
Explain importance of culture in an organization.
3 Marks
(b)
Draw and explain Carroll’s pyramid of CSR.
4 Marks
(c)
Discuss principles of Scientific Management.
7 Marks
College Exam Groups

Studying for Principles of Economics and Management?

Circulate this solved paper with KaTeX formulas and 1-click AI step solvers to your batchmates on WhatsApp or Telegram.

Related papers

About this Examination Paper & Attribution

Official Gujarat Technological University (GTU) examination paper and step-by-step solutions for Principles of Economics and Management (PEM) (Summer 2023, B.E. · Computer Engineering, Sem 4). Features complete 70-mark regular & remedial examination pattern, official marking distribution across all 5 questions, and direct 1-click official PDF download.

Transcribed for student exam preparation from Gujarat Technological University official examination archives. Questions, syllabus guidelines, and curriculum marking schemes remain the intellectual property of Gujarat Technological University.

Download PDF