UGC NET Mock Test 21 on Management - 20 Questions for Practice

1. An “Assessment Centre” is?

a.None of the above

b.A place

c.Both (A) and (B)

d.A technique

2. Cardinal measure of utility is required in ___?

a.Indifference Curve Analysis

b.Utility Theory

c.Revealed Preference

d.Inferior Goods

3. Which of the following is the main assumption of Walter Valuation Model?

a.None of the above

b.With additional investment the firm’s business risk will change.

c.All financing is done through Retained earnings and external sources of funds.

d.There is a change in the key variables such as EPS and DPS

4. Which of the following is not included as Micro-Environmental Variables?

a.Financial conditions and culture

b.Emerging new technologies

c.Prevailing economic and political conditions.

d.None of the above

5. Working capital refers to the capital mobilised for meeting?

a.To meet day-to-day financial obligations of the company

b.Long-term financial needs of the company

c.To meet the future financial requirements of the company

d.None of the above

6. Which of the following is the best technique to manage the existing products?

a.Five forces of competition

b.McKinsey 7s Framework

c.BCG matrix

d.Ansoff matrix

7. “Third Party intervention” as “Conflict Resolution” is?

a.Seldom required

b.Required as a mandate, when conflict remains unresolved

c.Often required

d.Not at all considered as an option

8. During his days at Midvale Steel Company F.W. Taylor saw that employees soldiering – deliberately working at a pace slower than their capabilities. He identified that, workers indulge in soldiering primarily for the following reasons:

a.Fear of losing jobs if they increase their output.

b.Faulty wage systems.

c.Out-dated methods of working

d.All of the above

9. Which of the following is the condition for equilibrium for Monopolist?

a.MC = AR

b.MR = MC

c.AC = AR

d.MR = MC = Price

10. Which of the following is an important money market instrument?

a.Public Deposits

b.Debentures

c.None of the above

d.Commercial Paper

11. A Right-ward shift in Demand Curve indicates?

a.An increase in quantity supplied

b.Law of Variable Proportions

c.An increase in supply over the previous year

d.A decrease in supply

12. What are the elements that a Mission Statement of an Organisation should include?

a.Self guidelines for Business Operations

b.Identifies the reasons for existence of a company and its responsibilities to the stakeholders.

c.All of the above (A), (B) and (C).

d.Identifies the firms’ customers and their needs and matches them to the products and services.

13. “Organizational learning” and “Learning organization” are ___?

a.Same

b.Different

c.Complementary to each other

d.Reverse to each other

14. One of the acceptable methods for obtaining feedback of training is called?

a.Structured Interview

b.Employee Turnover Rate

c.Improvement after Training

d.Performance after Training

15. Who divided all activities of the organisations into six groups; Technical, Commercial, Financial, Security, Accounting and Managerial?

a.Peter Drucker

b.D. E. McForland

c.George R. Terry

d.Henry Fayol

16. The value of the firm is maximized when the ____?

a.Market price of equity share is minimum

b.Market value of debt is maximum

c.Market price of equity share is maximum

d.None of the above

17. Giffen goods are those goods?

a.Which gives rise to a Cob-Web situation?

b.Which is in short supply?

c.For which demand increases as price decreases

d.Which have high elasticity of demand?

18. The policy of introducing “New Blood” is?

a.Stereotypic

b.Bureaucratic as well as redtapic

c.Innovative, challenging, but often resisted

d.Innovative and challenging, making the corporate dynamic

19. The method of payment in Mergers and Acquisitions may include
(i) Cash
(ii) Loan stock
(iii) Ordinary shares
(iv) Convertible loan stock

a.(i), (ii), (iii) and (iv)

b.(i) & (ii) only

c.(ii) & (iv) only

d.(i) & (iii) only

20. Changes in population characteristics such as age, gender, race, marital status, income and education are examples of change:

a.Diversity

b.Cultural

c.Demographic

d.Geographic

UGC NET Mock 21 on Management – 20 Questions for Practice

UGC NET Mock Test 21 on Management – 20 Questions for Practice

Take Test 21 20 questions for Practice – Management Test 21

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