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a)
New Products
b) Existing Products.
8. Is it necessary to accurately estimate the future demand for a product? How can
you measure future demand in respect of services?
UNIT - III
IMPORTANT QUESTIONS
1. Define and explain Isoquants. What are the properties of Isoquants? How do you
compare with the properties of indifferences curves?
2. Define Law of Variable Proportions.
3. Explain and illustrate the following and also mention why do they arise.
a) The Law of Constant Returns
b) The Law of Increasing Returns
4. What is meant by Break- Even Analysis(BEA)? Explain the uses and limitations
of BEA.
5. What is Opportunity Costs? Give some examples of Opportunity Cost. How are
these costs relevant for managerial decisions?
6. Discuss the significance of Profit-Volume Ratio, Angel of Incidence and Margin
of Safety in Break Even Analysis?
7. Define Cost. How are Costs classified?
8. With assumed data. Illustrate the following.
a) Break Even Output and Sales value
b) Margin of safety
c) P/V Ratio
d) Output to achieve targeted profit .
UNIT - IV
IMPORTANT QUESTIONS
1. Define Market and explain how Markets are classified.
2. What do you understood by Price discrimination and on what basis price can be
discriminated?
3. Define Monopoly. Explain Price-Output Determination under Monopoly.
4. Discuss the features of Perfect Competition and explain how price is determined
under perfect competition.
5. What are the salient features of Monopolistic Competition? Explain Price Output
determination under Monopolistic competition.
6. Distinguish between Monopoly and Monopolistic Competition.
7. In what different aspects monopoly is distinct from Perfect competition.
8. Explain the difference between Monopolistic Competition and Perfect
Competition.
UNIT - V
IMPORTANT QUESTIONS
1. Discuss the factors affecting the choice of form of business organization.
2. Evaluate the partnership form of business organization. How does it overcome the
limitations of sole trading.
3. Explain the need for public enterprise in India? Do you think public enterprise as
a whole have fulfilled that need?
4. Evaluate the Sole Trader for of Organization.
5. Define Partnership. Explain its features.
6. Write a short notes on
a. Departmental Undertaking.
b. Government Company
c. Public Corporation.
7. What do you understand by Joint Stock Company? Do you think the criticism
leveled against it is correct?
8. Distinguish between Public limited company and Private limited company.
UNIT - VI
IMPORTANT QUESTIONS
1. What is the importance of Capital? Explain the factors determining the working
capital requirements of a company?
2. Explain the right procedure for a capital budgeting decision.
3. Define Accounting Rate of Return for a capital budgeting decision.
4. What is the importance of Capital Budgeting? Explain the basic steps involved in
the evaluating capital budgeting proposals.
5. Explain the factors influencing the requirements of Fixed Capital.
6. Define NPV, its merits and demerits.
7. Define Capital and explain the various sources through which capital can be
raised?
8. Write short notes on Discounted Cash Flow Techniques.
UNIT - VII
IMPORTANT QUESTIONS
1. Explain the procedure to be followed while preparing Trading account, Profit and
loss account and Balance sheet with the help of a Trail Balance.
2. Give a brief account on the important records of accounting under Double entry
systems and discuss briefly the scope of each.
3. What are the various objectives of Accounting?
4. Define Accounting. Differentiate Book Keeping and Accounting.
5. What do you mean by Trial Balance? What are the objectives of Trial Balance?
6. What are the Accounting concepts and Conventions?
7. Write brief notes on
a) Journal
b) Ledger
c) Subsidiary Books
8. (a) Who are the users of Accounting Information?
(b) Explain the Accounting Equation.
UNIT VIII
IMPORTANT QUESTIONS
1. Write a brief notes on the importance of Ratio Analysis to different category of
users?
2. Explain the meaning of the Analysis of Financial Statements. Discuss briefly the
different types of Analysis.