UGC NET Mock 4 on Management – 20 Questions for Practice

1. _______ means identifying and imitating the best in the world at specific tasks and functions.

2. “Marketing concept is the recognition on the part of management that all business decisions at the firm must be made in the light of customer needs and wants, hence that all marketing activities must be under one supervision and that all activities of a firm must be coordinated at the top in the light of market requirements.” Who said it?

3. “Poverty is an artificial creation. It does not belong to human civilization and we can change that and can make people come out of poverty through redesigning our institutions and policies.” This preamble refers to

4. The principles to be followed for corporate social responsibility are

5. Which one of the following is not a qualitative forecasting method?

6. Which of the following duties is not a general duty of directors of a company?

7. There are different phases in an Operations Research Project. They are
(i) Research phase
(ii) Action phase
(iii) Judgement phase
The correct sequence of these phases is

8. In BCG Matrix which division represents the organisation’s best long-run opportunities for growth and profitability?

9. Which one is not a part of control charts for attributes?

10. Stage 2 of strategy formulation consists of

11. In a comprehensive strategy formulation framework which matrix reveals the relative attractiveness of alternative strategies and thus provides an objective basis for selecting specific strategies.

12. The Graphical method can be used to solve

13. Statement I: Mean (–X) chart do not give the desired result about process variability.
Statement II: Range (R) chart monitors process variability.

14. If the sample size is less than 50, which non parametric test can be used to test the independence of attributes?

15. The elasticity of demand is greater than unity, when

16. The obligation of an organization behave in an ethical way is known as

17. A vendor can make a profit of Rs. 3,000 with a probability of 0.4 or make a loss of Rs. 1,000 with a probability of 0.6. What is his expected profit?

18. Identify the window not associated with SPSS.

19. Identify the correct sequence of steps in a value identification process:
(i) Define the role of executive in leading the staff.
(ii) Learn about and discuss the power of shared values.
(iii) Obtain consensus that the leaders are committed to creating value based workplace.
(iv) Provide written material the executives can share with their reporting staff.

20. An Entrepreneur who is dominated more by customs, religions, traditions and past practices and he is not ready to take any risk is called as