Full Marks: 200 Time: 3 Hours Answer Any Five Questions. 1. (a) Critically examine Maslows need priority model. Is there a relationship between Maslows higher order needs and Herzbergs motivation factors? Discuss. (10+10) What is meant by Organization Design? Discuss the classical, neo-classical and contingency approaches to organization design. (5+15) Explain the goal setting process through Management by Objective (MBO). Why do you think MBO was not universally accepted by industry? (10+10) What do you understand by leadership styles? Discuss the major styles of leadership and their major limitations. (5+10) Define national income. How is national income measured by value added product method? What precautions should be taken while using value added product method? (5+10+5) Explain the conditions under which monopolistic price discrimination is both possible and profitable. (20) Explain the econometric method of forecasting demand. What are the advantages of econometric method of forecasting over the other forecasting techniques? (10+10) Write short notes: (i) (ii) 5. (a) (10+10)
(b)
2. (a)
(b)
3. (a)
(b)
4. (a)
(b)
Accounting costs and Economic Costs Gross Domestic Product and Gross National Product
Discuss the distinctive feature of Binomial, Poisson and Normal distributions. When do Binomial and a Poisson distribution tend to become a Normal Distribution? (10+10) Read the following case and answer the questions that follow: (2+8+8+2) Year 1987 1986 1985 1984 1983 1982 1981 1980 R&D Expenditure (X) Rs, in thousand 9 7 5 10 4 5 3 2 Annual Profit (Y) Rs, in thousand 45 42 41 60 30 34 25 20
(b)
Plot the data on a scatter diagram. What is the correlation coefficient between X and Y? Fit a straight line regression of the form: Y = a + bX. What is the coefficient of determination and its meaning?
(b)
(c)
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