SEM 1 BBA SUMMER DRIVE ASSIGNMENTS
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This document provides an assignment for a Quantitative Techniques in Business course. It includes 3 questions worth a total of 30 marks. Question 1 (5 marks) asks students to discuss the functions and importance of statistics in business and management. Question 2 (10 marks) asks students to define time series, describe variations in time series with examples, and construct a consumer price index using expenditure data. Question 3 (10 marks) asks students to define statistical quality control, discuss control charts, and describe variable and attribute control charts. The document provides evaluation criteria for each question and advertises a website for solved assignments.
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1. How is decision taken under risk? Draw a Decision Tree and explain.
2. Why does demand curve slope downwards and supply curve slope upwards? Explain. Also differentiate between the movement along a demand curve and shift in the demand curve with the help of examples.
3. Differentiate between economies of scale and economies of scope. Also explain internal and external economies and diseconomies of scale.
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5. Explain Short-Run Cost Functions. How is Short Run Average and Marginal Cost Curves determined?
6. Write short notes on any two of the following:-
(a) Demand Forecasting Techniques
(b) Production Isoquants
(c) Characteristics of Monopoly
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An isoquant is a contour line that connects all combinations of two or more inputs that produce the same level of output. It shows the marginal rate of substitution between inputs as the quantity of one input increases and the other decreases while holding output constant. The marginal rate of substitution is the rate at which one input can be substituted for another while maintaining the same level of production. Isoquants illustrate the law of diminishing returns and isoquant maps show different levels of output production. Isoquants are combined with isocost lines, which represent combinations of inputs that can be purchased at a given cost, to determine the least-cost combination of inputs.
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This document summarizes key concepts in microeconomics including:
- Production functions relate quantities of inputs to output
- Isoquants represent combinations of inputs that produce the same output level
- Marginal rate of technical substitution is the rate at which one input can be substituted for another without changing output
- Economic regions of production define where isoquants have positive or negative sloping segments
- Isocost lines show combinations of inputs that can be purchased with a given budget
- Firms seek to produce at the optimal, least-cost combination of inputs given prices and production possibilities
- Expansion paths illustrate how firms adjust input mixes as output increases at minimum cost.
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This document contains instructions for an assignment for a Quantitative Techniques in Business course. It includes 3 questions worth 10 marks each on the topics of statistics, data types, correlation/regression, and index numbers. For each question, it lists the key points to discuss and the number of marks allotted to each point. The total marks for the assignment are 30. Answers for the 10-mark questions should be approximately 400 words addressing all aspects of the evaluation scheme.
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This document discusses the economic-theoretic approach to index numbers, including output and input price indices. It describes how output price indices can be defined using revenue functions and how they satisfy desirable properties if technology is output-homothetic or exhibits implicit output neutrality. Input price indices are defined using cost functions and satisfy useful properties if technology is input-homothetic or exhibits implicit Hicks neutrality. The Törnqvist and Fisher indices are shown to approximate the theoretical indices under certain conditions.
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This document discusses key concepts in labour economics including:
1) Labour economics examines the relationship between workers and employers and attempts to understand patterns of wages, employment, and income. It considers labour as a factor of production.
2) The demand for labour is derived from the demand for goods and services. Employers demand labour to produce outputs while workers supply their labour services.
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This document discusses break-even analysis, which examines the interrelationships between a firm's sales, costs, and profits at different production levels. It defines the break-even point as the output level where total revenue equals total cost. The document presents both graphic and algebraic methods for calculating the break-even point, and provides examples of how to determine the number of units that must be sold to break even. Key concepts discussed include contribution margin, target volume, and comparing break-even points of different production methods.
Ms 09 july-2019
1. How is decision taken under risk? Draw a Decision Tree and explain.
2. Why does demand curve slope downwards and supply curve slope upwards? Explain. Also differentiate between the movement along a demand curve and shift in the demand curve with the help of examples.
3. Differentiate between economies of scale and economies of scope. Also explain internal and external economies and diseconomies of scale.
4. Assume that a travel agent has an agency in three different localities of a city. Explain whether it is possible for the travel agent to practice price discrimination. What are the necessary conditions of price discrimination?
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6. Write short notes on any two of the following:-
(a) Demand Forecasting Techniques
(b) Production Isoquants
(c) Characteristics of Monopoly
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Question 1 (10 marks) asks students to define elasticity of supply and explain the factors that determine elasticity of supply.
Question 2 (10 marks) asks students to define perfect competition and its features, and explain the characteristics of monopolistic competition.
Question 3 (10 marks) asks students to define different cost concepts like total fixed cost, total variable cost, total cost, average fixed cost, average variable cost, average cost, and marginal cost, and draw corresponding cost curves for each.
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This document discusses isoquants and isocosts. It defines isoquants as curves that represent combinations of two input factors that produce the same quantity of output. Any point on an isoquant curve represents an equal level of output. Isoquants are downward sloping and convex to the origin. Isocosts represent combinations of inputs that cost the same total amount. They are straight lines that get farther from the origin as total cost increases. Isoquants and isocosts show the relationship between inputs and equal levels of output or cost.
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The document discusses the economic base theory, which states that a region's economic growth is determined by the increase in exports from that region. It defines base industries as those that produce goods or services for markets outside the region, bringing in outside money, while non-base industries serve the local region. The economic base multiplier is used to calculate total employment changes resulting from changes in base employment. Methods for determining base industries include direct surveys of firms, indirect assumptions, and location quotients comparing a sector's share of regional employment to its national share. The economic bases of cities typically include services and trade, while rural regions often rely on agriculture, mining and manufacturing as their bases.
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1. The document discusses production and costs faced by firms. It defines production and the different types of inputs used, including fixed and variable inputs.
2. It explains the concept of production functions, which show the maximum output achievable from different input combinations. Production functions can have one or two variable inputs, corresponding to short and long run analyses.
3. The law of variable proportions is described, where marginal and average product initially increase with more of a variable input but eventually diminish, leading to stages of increasing, diminishing, and negative returns. Graphs demonstrate these relationships between total, marginal, and average product curves.
Unit 1 Textbook Assignment
1. This document appears to be an assignment sheet for a high school economics class covering chapters 1-3 of the textbook. It includes terms and short answer questions from each chapter.
2. The assignment requires students to define key economic terms and concepts. It also asks students to provide examples, explain models and graphs, and describe economic relationships.
3. The assignment is due on February 12, 2010 and no late work will be accepted. It covers topics like scarcity, opportunity costs, markets, demand and supply, and production possibilities.
Index numbers( simple index number by fixed base method )
The document discusses index numbers which measure changes in variables over time. It defines simple and composite index numbers. The three main types of index numbers are price, quantity, and value indexes. Examples are provided to demonstrate calculating price indexes using the fixed base method. Index numbers are calculated for different years using different base periods to compare price changes.
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Unit 4 -
Basic concept of index numbers – simple and weighted index numbers – concept of weights - types of index numbers – Business index number – CPT, WPI, Sensex, Niffy, Production Index, Time series – variations in Time Series for business forecasting.
Isoquants
An isoquant is a contour line that connects all combinations of two or more inputs that produce the same level of output. It shows the marginal rate of substitution between inputs as the quantity of one input increases and the other decreases while holding output constant. The marginal rate of substitution is the rate at which one input can be substituted for another while maintaining the same level of production. Isoquants illustrate the law of diminishing returns and isoquant maps show different levels of output production. Isoquants are combined with isocost lines, which represent combinations of inputs that can be purchased at a given cost, to determine the least-cost combination of inputs.
Presentation on Iso quants
This document summarizes key concepts in microeconomics including:
- Production functions relate quantities of inputs to output
- Isoquants represent combinations of inputs that produce the same output level
- Marginal rate of technical substitution is the rate at which one input can be substituted for another without changing output
- Economic regions of production define where isoquants have positive or negative sloping segments
- Isocost lines show combinations of inputs that can be purchased with a given budget
- Firms seek to produce at the optimal, least-cost combination of inputs given prices and production possibilities
- Expansion paths illustrate how firms adjust input mixes as output increases at minimum cost.
Bba104
This document contains instructions for an assignment for a Quantitative Techniques in Business course. It includes 3 questions worth 10 marks each on the topics of statistics, data types, correlation/regression, and index numbers. For each question, it lists the key points to discuss and the number of marks allotted to each point. The total marks for the assignment are 30. Answers for the 10-mark questions should be approximately 400 words addressing all aspects of the evaluation scheme.
ISOCOST & LEAST COST COMBINATION-CS.FINAL YEAR
Dr. K. Baranidharan's presentation discusses isocosts and least-cost combinations of inputs. Isocosts refer to cost curves that represent combinations of inputs that cost the same amount to produce a given output level. As output levels change, total costs change and isocost curves shift upwards. Least-cost combinations can be determined by using isocost and isoquant curves, where the slope of the isoquant equals the slope of the isocost curve at the point of minimum total cost of production. The presentation includes examples of isocost curves costing Rs. 1 lakh, Rs. 1.5 lakh and Rs. 2 lakh for output levels between 20,000
Topic 5.1
This document discusses the economic-theoretic approach to index numbers, including output and input price indices. It describes how output price indices can be defined using revenue functions and how they satisfy desirable properties if technology is output-homothetic or exhibits implicit output neutrality. Input price indices are defined using cost functions and satisfy useful properties if technology is input-homothetic or exhibits implicit Hicks neutrality. The Törnqvist and Fisher indices are shown to approximate the theoretical indices under certain conditions.
Isocost Line
An isocost line graphically represents combinations of two factors, like labor and capital, that a firm can purchase with a given total budget. It is expressed mathematically as C = wL + rK, where C is the cost, w is the wage, L is labor, r is the interest rate, and K is capital. The slope of the isocost line equals the ratio of input prices. An isocost line can shift if the total budget or input prices change. An increased budget shifts the line parallel to the right, while higher input prices rotate the line clockwise or counterclockwise depending on which input's price increased.
PRESENTATION LABOUR ECONOMICS BY DR. JULIUS KWAKU KATTAH
This document discusses labour economics and defines key related concepts. Labour economics examines the relationship between workers and employers, including wages, employment and income. It also looks at labour as a factor of production and the demand and supply of labour. The demand for labour can be direct from firms or derived from consumer demand for goods and services. The supply of labour is affected by economic, social and policy factors. Unemployment rates are an important economic indicator analyzed in labour economics.
PRESENTATION LABOUR ECONOMICS BY DR. JULIUS KWAKU KATTAH
This document discusses key concepts in labour economics including:
1) Labour economics examines the relationship between workers and employers and attempts to understand patterns of wages, employment, and income. It considers labour as a factor of production.
2) The demand for labour is derived from the demand for goods and services. Employers demand labour to produce outputs while workers supply their labour services.
3) The labour supply curve shows the quantity of labour workers are willing to supply at different wage rates. Shifts in the labour supply curve are caused by changes in the economy, globalization, taxes, and attitudes towards work.
Managerial economics
The document discusses managerial economics and the law of variable proportions. It covers three stages: increasing returns, diminishing returns, and negative returns. It also examines total product, average product, and marginal product during these stages. Additional topics include returns to scale, internal and external economies, isoquants, marginal rate of technical substitution, and the properties of isoquants.
Measurement of gdp under product method
This document discusses measuring GDP using the product method. It introduces GDP and the three approaches to calculating it: production, income, and expenditure. The product method sums the value added by sectors plus taxes and imports minus subsidies. It describes two approaches under this method: final product, which includes only final goods and services, and value added, which totals output value minus intermediate costs at each production stage. The document provides an example calculation and concludes the product method is simple, easy to understand, and saves time compared to other approaches.
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PRESENTATION LABOUR ECONOMICS BY DR. JULIUS KWAKU KATTAH
PRESENTATION LABOUR ECONOMICS BY DR. JULIUS KWAKU KATTAH
PRESENTATION LABOUR ECONOMICS BY DR. JULIUS KWAKU KATTAH
PRESENTATION LABOUR ECONOMICS BY DR. JULIUS KWAKU KATTAH
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This document provides an assignment question paper for a Managerial Economics course. It includes 6 questions related to topics like production functions, consumer demand estimation techniques, cost curves, inflation, price and income elasticity of demand, and revenue. The questions range from 3 to 10 marks and require explanations of concepts, definitions, types, and relationships with examples and diagrams as needed. Students are instructed to answer all questions and target approximately 400 words for 10 mark questions. Each question is followed by an evaluation scheme.
Smu mba sem 2 spring 2016 assignments
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This document outlines an assignment for a Technology Management course. It includes 6 questions assessing students' understanding of key technology concepts:
1. Define technology and explain the concept briefly in 2-4 sentences with an example and diagram.
2. List and explain 10 positive and negative effects of technology on human needs.
3. Differentiate between 5 aspects of exploratory and normative forecasting methods.
4. Describe the process of technology assessment and evaluation with a diagram and explanations of assessment and evaluation.
5. Briefly explain the government's technology transfer initiatives in India with an introduction and perspective in 4-6 sentences.
6. Write short notes on Moore's Law including its history and
Mb0042 Sem 1 MBA Summer 2015
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SMU BBA SUMMER DRIVE ASSIGNMENTS
This document contains assignments for various subjects for BBA students. It includes 6 assignments each for 8 subjects covering topics such as communication skills, organizational behavior, business environment, quantitative techniques, computer fundamentals, research methods, business strategy, and financial accounting. Students are asked to answer questions related to definitions, explanations, differences, examples, calculations, and case studies. They are provided with contact information to obtain solved assignments.
Economics 50 long questions solve by suman jyoti (dhaka university of enginee...
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Here are the key similarities and differences between microeconomics and macroeconomics:
Similarities:
- Both use basic economic concepts like supply and demand
- Microeconomic decisions and behaviors aggregate to impact macroeconomic outcomes
Differences:
- Scope - Micro focuses on individual agents/markets, macro looks at the overall economy
- Units of analysis - Micro examines prices, macro examines metrics like GDP, unemployment
- Goals - Micro aims to understand pricing and resource allocation, macro aims to achieve full employment, stable prices, economic growth
- Tools - Micro uses supply/demand, macro uses models like IS-LM and AS-AD curves
So in summary, while they use some similar foundations, microeconomicsMba 2017 1
This document contains a sample exam for an MBA course on Accounting for Business Decisions. It includes 5 questions covering various topics in accounting.
Question 1 provides 2 optional questions on management accounting and its role in planning, control, and decision making. Question 2 provides 2 optional questions on financial statements and disclosure requirements. Question 3 provides 2 optional questions on cost accounting and cost sheets.
Question 4 provides 2 optional questions on inventory valuation methods and allocation of overhead costs. Finally, Question 5 provides 2 optional questions involving calculation of ratios, break even analysis, and budget preparation.
In summary, the document outlines an exam for an MBA accounting course, testing students on various topics such as management accounting, financial statements
Pune university mba sem 1 question papers 2016
The document contains 5 questions related to an MBA exam on accounting for business decisions. It provides information on the exam such as the number of questions, total pages, instructions for candidates, and 5 sample exam questions covering topics like financial accounting vs management accounting, preparing financial statements from trial balances, and calculating costs. The document serves as a sample exam for students taking an accounting exam.
Smu mba sem 2 winter 2016 assignments
Smu MBA sem 2 winter 2016 assignments, Smu SEM 2 solved winter 2016 assignments, Smu MBA solved assignments, Smu MBA assignments, Smu solved assignments, Smu assignments
Mb0040
This document contains an assignment for a statistics course covering various topics in statistics. It includes 6 questions assessing different statistical concepts. Question 1 asks students to describe the functions and applications of statistics. Question 2 covers probability, asking students to explain approaches to defining probability and give examples of addition and multiplication rules. Question 3 involves hypothesis testing procedures and components of time series. Question 4 is about chi-square tests - their meaning, applications, and conditions of use. Question 5 examines business forecasting objectives and theories. Finally, question 6 addresses analysis of variance assumptions and asks students to perform a hypothesis test on sample data.
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The document contains questions from past exams for various subjects related to an MBA program. The first section includes questions on Organizational Behavior and Principles and Practices of Management. The second section covers Management Accounting, with questions on topics like standard costing, budgeting, and break-even analysis. The third section is on Managerial Economics and includes definitions and concepts.
3rd Semester MBA (June-2015) Question Papers
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Toyota Motor Company is facing challenges positioning its Etios and Liva brands in the low-cost segment dominated by Maruti Suzuki in India, while its Innova SUV is selling well. Toyota wants to launch its Camry and Lexus premium luxury brands to compete with Mercedes, BMW and Audi. Key strategies for Toyota include emphasizing quality, cost efficiency and supply chain management. For Etios and Liva, strategies are needed to better position them against Maruti. For Camry and Lexus, strategies are needed to succeed in the premium segment.Similar to SEM 1 BBA SUMMER DRIVE ASSIGNMENTS (20)
Economics 50 long questions solve by suman jyoti (dhaka university of enginee...
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SEM 1 BBA SUMMER DRIVE ASSIGNMENTS
- 1. ASSIGNMENT DRIVE SUMMER 2014 PROGRAM BBA SEMESTER 1 SUBJECT CODE & NAME BBA104 QUANTITATIVE TECHNIQUES IN BUSINESS BK ID B1500 CREDITS 2 MARKS 30 Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Q.No Questions Marks Total Marks 1 Statistics plays a vital role in almost every facet of human life. Statistics. Discuss the functions of Statistics. Explain the importance of statistics in business and management. Meaning of Statistics Functions of Statistics Importance of statistics in business and management 2 3 5 10 2 a. What do you understand by time series? What are the different types of variation in time series? Briefly describe each with an example. b. Construct a consumer price index for the information given by using Aggregate expenditure method Commodities Quantity 2007( 0Q ) Unit 0P 1P 2007 2008 A 7 quintal 300 310 B 5 quintal 305 308 C 4 quintal 416 419 D 9 quintal 530 625 E 3 kg 18 23 F 5 quintal 1050 1070 Meaning of Time series Different types of variation in time series with examples Consumer price index using Aggregate expenditure method 2 4 4 10 FOR SOLVED ASSIGNMENTS AT NOMINAL COST VISIT WWW.SMUSOLVEDASSIGNMENTS.COM Or Mail us at solvemyassignments@gmail.com
- 2. 3 What is statistical quality control? Discuss the various control charts. Meaning of Statistical Quality Control Meaning of Control Charts Control Charts for variables and attributes 2 2 6 10 FOR SOLVED ASSIGNMENTS AT NOMINAL COST VISIT WWW.SMUSOLVEDASSIGNMENTS.COM Or Mail us at solvemyassignments@gmail.com