Exam Details
| Subject | Business Statistics And Economics | |
| Paper | ||
| Exam / Course | EXECUTIVE MBA INTERNATIONALNHOSPITALITY MANAGEMENT (EMBAIHM) | |
| Department | School of Tourism &Hospitality Service Sectoral SOMS (SOTHSSM) | |
| Organization | indira gandhi national open university | |
| Position | ||
| Exam Date | December, 2016 | |
| City, State | new delhi, |
Question Paper
No. of Printed Pages: 2 IMHY-024 I
EXECUTIVE MBA IN INTERNATIONAL
HOSPITALITY MANAGEMENT (EMBA IHM)
Term-End Examination
o o December, 2016 MHY-024: BUSINESS STATISTICS AND
ECONOMICS
Tillie Ilours MaximulIl Marks: 100
Note: Answer any five questions. Each question carries equal marks.
1. What do you understand by business statistics? What are the significance of business statistics in hotel industry?
2. Write the significance and purpose of correlation.
Briefly discuss various methods of data collection.
3. Explain the concepts of long run cost and short run cost. Illustrate the relation between average cost and marginal cost.
4. Write short notes on the following (any 10+10
Incremental cost and sunk cost
Separable cost and common cost
Private cost and social cost
5. What are the measures of Central Tendency. Briefly discuss their usage in hotel operations.
6. Describe the concept and objective of pricing of hotel products.
7. Discuss and differentiate between perfect and imperfect competition in hotel industry.
8. What are the basic features of balance of payments? Briefly discuss the measures for improving BoP.
9. Write short notes on the following (any two)
Classification of markets
Demand determinants for hotels
Disequilibrium in the balance of payment
10. What are the different types of feasibility report? Briefly discuss the concept and importance of feasibility report.
EXECUTIVE MBA IN INTERNATIONAL
HOSPITALITY MANAGEMENT (EMBA IHM)
Term-End Examination
o o December, 2016 MHY-024: BUSINESS STATISTICS AND
ECONOMICS
Tillie Ilours MaximulIl Marks: 100
Note: Answer any five questions. Each question carries equal marks.
1. What do you understand by business statistics? What are the significance of business statistics in hotel industry?
2. Write the significance and purpose of correlation.
Briefly discuss various methods of data collection.
3. Explain the concepts of long run cost and short run cost. Illustrate the relation between average cost and marginal cost.
4. Write short notes on the following (any 10+10
Incremental cost and sunk cost
Separable cost and common cost
Private cost and social cost
5. What are the measures of Central Tendency. Briefly discuss their usage in hotel operations.
6. Describe the concept and objective of pricing of hotel products.
7. Discuss and differentiate between perfect and imperfect competition in hotel industry.
8. What are the basic features of balance of payments? Briefly discuss the measures for improving BoP.
9. Write short notes on the following (any two)
Classification of markets
Demand determinants for hotels
Disequilibrium in the balance of payment
10. What are the different types of feasibility report? Briefly discuss the concept and importance of feasibility report.
Other Question Papers
Departments
- Centre for Corporate Education, Training & Consultancy (CCETC)
- Centre for Corporate Education, Training & Consultancy (CCETC)
- National Centre for Disability Studies (NCDS)
- School of Agriculture (SOA)
- School of Computer and Information Sciences (SOCIS)
- School of Continuing Education (SOCE)
- School of Education (SOE)
- School of Engineering & Technology (SOET)
- School of Extension and Development Studies (SOEDS)
- School of Foreign Languages (SOFL)
- School of Gender Development Studies(SOGDS)
- School of Health Science (SOHS)
- School of Humanities (SOH)
- School of Interdisciplinary and Trans-Disciplinary Studies (SOITDS)
- School of Journalism and New Media Studies (SOJNMS)
- School of Law (SOL)
- School of Management Studies (SOMS)
- School of Performing Arts and Visual Arts (SOPVA)
- School of Performing Arts and Visual Arts(SOPVA)
- School of Sciences (SOS)
- School of Social Sciences (SOSS)
- School of Social Work (SOSW)
- School of Tourism & Hospitality Service Sectoral SOMS (SOTHSM)
- School of Tourism &Hospitality Service Sectoral SOMS (SOTHSSM)
- School of Translation Studies and Training (SOTST)
- School of Vocational Education and Training (SOVET)
- Staff Training & Research in Distance Education (STRIDE)
Subjects
- Business Statistics And Economics
- Entrepreneurship Development
- Food And Beverage Service Management
- Management Consultancy
- Public Relations And Crm