UGC NET Mock 4 on Management – 20 Questions for Practice

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

2. Stage 2 of strategy formulation consists of

3. “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?

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

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

6. 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

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

8. Identify the window not associated with SPSS.

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

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

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

12. 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.

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

14. The Graphical method can be used to solve

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

16. “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

17. 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

18. 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?

19. 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.

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