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    17 Ime

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    Regg Parker
    This document contains an exam for an Industrial Management and Entrepreneurship course. It has two parts: (1) Part A contains short answer questions testing concepts like forms of business, costs, and management principles. It requires identifying words/phrases, choosing correct answers, and filling in blanks. (2) Part B contains longer answer questions requiring explanations of topics such as elements of cost, factors for site selection, types of wage incentive plans, the role of wholesalers, definitions of management and break-even point, and features of small scale industries and joint stock companies. It provides a breakdown of the total marks for each question.

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    17 Ime

    Uploaded by

    Regg Parker
    8 views6 pages
    This document contains an exam for an Industrial Management and Entrepreneurship course. It has two parts: (1) Part A contains short answer questions testing concepts like forms of business, costs, and management principles. It requires identifying words/phrases, choosing correct answers, and filling in blanks. (2) Part B contains longer answer questions requiring explanations of topics such as elements of cost, factors for site selection, types of wage incentive plans, the role of wholesalers, definitions of management and break-even point, and features of small scale industries and joint stock companies. It provides a breakdown of the total marks for each question.

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    17 ime

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    This document contains an exam for an Industrial Management and Entrepreneurship course. It has two parts: (1) Part A contains short answer questions testing concepts like forms of business, costs, and management principles. It requires identifying words/phrases, choosing correct answers, and filling in blanks. (2) Part B contains longer answer questions requiring explanations of topics such as elements of cost, factors for site selection, types of wage incentive plans, the role of wholesalers, definitions of management and break-even point, and features of small scale industries and joint stock companies. It provides a breakdown of the total marks for each question.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    8 views6 pages

    17 Ime

    Uploaded by

    Regg Parker
    This document contains an exam for an Industrial Management and Entrepreneurship course. It has two parts: (1) Part A contains short answer questions testing concepts like forms of business, costs, and management principles. It requires identifying words/phrases, choosing correct answers, and filling in blanks. (2) Part B contains longer answer questions requiring explanations of topics such as elements of cost, factors for site selection, types of wage incentive plans, the role of wholesalers, definitions of management and break-even point, and features of small scale industries and joint stock companies. It provides a breakdown of the total marks for each question.

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    You are on page 1of 6

    Total No.

    of printed pages = 6

    IIU/1Vle{01/11m,/6th Sem/20 I 7/t{

    II\TDUSTRIAL MANAGEMENT AI\ID


    ENTREPREITETJRSHIP

    Full Marks - 70

    Time - Three hours


    The figures in the margin indicate fult marks
    for the questions.

    PART_A
    Time - One hour
    l// questions are compulsory.

    l. Answer all the questions :

    (A) Fill in the blanks choosing appropriate word


    from the bracket : lx5=5

    O Management is an function.
    (original / executive)

    (ii) Registration of sole trade business is


    (compulsory / voluntary)

    [Tum over
    (iiD Wholesalers are the middle meo
    sale goods to the __--__. (
    customers)
    ['
    (iv) Liability of members in
    company is
    unlimited)
    (v) When production increases the variable
    . (decreases / increascs)
    (B) Chr;ose the appropriate answer given against
    each of the following statements : I r5:5

    (i) Stopping tlre work by the worken is


    called
    (a) Strike
    (b) Gherao
    (c) Picketing
    (d) Lockout.
    (ii) Primary objective of co-operative form
    of business is -
    (a) profit eaming
    (b) serve the nnembers
    (c) serve the society
    (d) None of the above.

    336/Hu/Me-601/IMFI
    (iii) The piece rate system of wage payment
    is based on -
    (a) the quantity of work done

    ft) the time attended

    (c) the time of u'orkers rcmained idle

    (d) nonc of the ahove.

    (iv) Better business secrelcs can by


    mainlained by the -
    (a) company form of business

    (b) partnership form of business

    (c) co-operative fornt of business

    (d) nonc of the abovc.

    (v) The nuxinrum number of rnembers in a


    non-banking parftrership tirm is -
    (a) l0 o) 20

    \c) 2 (d) i,{one of these.

    336/HuMc-60lilME (3) flumover

    t
    |-

    (c) Write the full form of the following

    (D IDBI (iD wro


    (iii) NEDFr (iv) sHC
    (v) cST

    @) Say tnre or false to the following statements:

    lx5=j
    (i) A company is an artificial legal person.
    (ii) Ancillary indusnies sell their products
    to the open market only.

    (iii) Small scale industries are labour


    intensive industries.

    (iv) Retirement is a major cause for labour


    fumover.

    (v) Semi-fixed cost remains rurchanged.

    (E) Fill in the gaps : lx5=5


    (D There must *.orkers to be a
    factory runs with the belp of power.

    (ii) are rvho lake th€ initiative to


    sefup a business unit.

    336/Hu/Me-60t/IME (4) r500(c)


    -
    tiiD A is a middleman between a
    retailer and the consumers'
    (iv) Fencing of machinery is one of the
    important Provision under the
    -".-
    Factories AcL 1948.

    (v) To form a public limited company must


    at least members.

    PARI_B
    Time - Two hours
    $Y five questions'

    2. Write short anslver on arly three 3x3:9


    "

    (D Elements of cost.

    (ii) Factors for selecting the site for a factory'

    (iii) Trade union.

    (iv) Collectivebargaining'

    (v) Five qualilies of a good leader'

    3. What is wage incentive plan ? State the various


    wage incentive plans with its advantages and
    disadvantages. 2+7:9

    (s) [Tunover
    336/Hu/Ir4e-601/IME
    4. Who are wholesalers ? Do you feel they should be
    eliminated from the channel of distribution ? If
    not why ? Justifi your opinion. 2+7=9
    r
    5. Define management. State the principles of
    management which guide a manager to perform his
    firnctions smoothly to achieve the goals of their
    business activities. 2+7:9

    6. What is Break Even Point ? State its uses.


    Determine the Break Even Point (Sale Value) with
    the following information : 2+3+4=9
    (i) Fixed cost Rs. 20,000
    (ii) Variable cost Rs. 60,000
    (iii) Sales price per unit Rs. 20

    (iv) Numbers of unit produced 6000 units.

    7 . Critically discuss the role played by the small


    scale industries of Assam in the development of
    the economy of the state. 9

    8. Define company. State in brief the salient features


    of joint stock company. 3+6=9

    336/Hu/Me-601/IIr4E (6) 1500(c)

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