UGC NET Mock Test 17 on Management - 20 Questions for Practice

1. The number of product lines a company carries is called?

a.Product line length

b.Product range

c.Product mix depth

d.Product mix width

2. If a hypothesis is tested at a significant level of 5%, then it means that?

a.There is a 5% probability that the null hypothesis will be true.

b.There is a 5% probability that the null hypothesis will be false.

c.There is a 5% probability that the null hypothesis will be rejected though it is true.

d.There is a 95% probability that the alternative hypothesis will be false.

3. Financial risk arises from

a.GNP growth rate and competitive environment

b.Volatility of interest rates, currency rates, commodity prices and stock prices

c.R & D and operations stages of value chain

d.Changes in laws and regulations

4. Which one of the following are the functions of personnel management?

a.Procurement, Development, Compensation, Integration and Maintenance

b.Planning, Organising, Coordinating, Budgeting and Controlling

c.Planning, Organising, Staffing, Directing and Controlling

d.Perception, Development, Learning, Organisation and Behaviour

5. In which type of market situation competitors offer the same type of products and services for the same price with no differentiation?

a.Oligopoly

b.Monopoly

c.Perfect competition

d.Monopolistic competition

6. One of the following is not included in job descriptions:

a.Duties

b.Location

c.Job title

d.Penal actions

7. A company using high price and high promotion policy is adopting the following strategy:

a.Rapid Skimming

b.Slow skimming

c.Slow Penetration

d.Rapid Penetration

8. Taylor differential piece rate system is related to

a.Time wage system

b.Piece wage system

c.Incentive wage system

d.None of the above

9. Emerging market economies are:

a.A part of third world countries

b.A part of developed countries

c.A part of developing countries

d.Newly industrializing countries

10. Sick enterprise is referred to which of the following bodies for rehabilitation?

a.National Small Industries Corporation (NSIC)

b.Small Industries Development Bank of India (SIDBI)

c.Board for Industrial and Financial Restructure (BIFR)

d.Small Industries Development Organisation (SIDO)

11. Cost advantage is referred as?

a.Firm trying to restrict the cost controls measure relative to its nearer competitor

b.Firm trying to outsource all relative products from one company to gain economies of scale

c.None of the above

d.A firm achieving a lower cumulative cost of performing value activities than its competitors

12. The term “Grapevine Communication” is related to

a.Formal Communication

b.Written Communication

c.Vertical Communication

d.Informal Communication

13. What is the term used if a market is divided into distinct groups of buyers who might require separate products or marketing mixes?

a.Market Coordination

b.Market Targeting

c.Market Segmentation

d.Market Positioning

14. What describes the market, product and technological area of business?

a.Strategic plan

b.Company’s vision

c.None of the above

d.Company’s mission

15. The time that elapses between the purchase of raw materials and the collection of cash for sales is referred as?

a.Cash cycle

b.Operating cycle

c.Organisation cycle

d.Production cycle

16. Need-Hierarchy Theory was propounded by?

a.Peter F. Drucker

b.Abraham Maslow

c.Elton Mayo

d.Mc – Fraland

17. Bathtub curve is encountered in ____?

a.Maintenance management

b.Acceptance sampling

c.Both (A) and (B)

d.Process control

18. “The optimal pay-out ratio for growth firm is nil and declining firm is 100%” is established by?

a.Both (A) and (B)

b.Walter model

c.None of the above

d.Gordon model

19. Additional revenue generated by selling an additional unit is___?

a.Incremental revenue

b.Marginal revenue

c.Average revenue

d.Total revenue

20. Activities taken up on part time or casual basis to raise income is:

a.Income generation

b.Self employment

c.None of the above

d.Entrepreneurship

UGC NET Mock 17 on Management – 20 Questions for Practice

UGC NET Mock Test 17 on Management – 20 Questions for Practice

Take Test 17 20 questions for Practice – Management Test 17

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