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

1. 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.None of the above

d.Market price of equity share is maximum

2. Cardinal measure of utility is required in ___?

a.Indifference Curve Analysis

b.Revealed Preference

c.Inferior Goods

d.Utility Theory

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

a.To meet the future financial requirements of the company

b.None of the above

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

d.Long-term financial needs of the company

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

a.Debentures

b.None of the above

c.Public Deposits

d.Commercial Paper

5. Giffen goods are those goods?

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

b.For which demand increases as price decreases

c.Which have high elasticity of demand?

d.Which is in short supply?

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

a.Complementary to each other

b.Different

c.Same

d.Reverse to each other

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

a.D. E. McForland

b.Peter Drucker

c.Henry Fayol

d.George R. Terry

8. 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

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

a.McKinsey 7s Framework

b.Ansoff matrix

c.BCG matrix

d.Five forces of competition

10. 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) only

b.(i) & (iii) only

c.(ii) & (iv) only

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

11. 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.Out-dated methods of working

c.All of the above

d.Faulty wage systems.

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

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

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

c.None of the above

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

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

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

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

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

d.Self guidelines for Business Operations

14. An “Assessment Centre” is?

a.Both (A) and (B)

b.A technique

c.None of the above

d.A place

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

a.Bureaucratic as well as redtapic

b.Innovative and challenging, making the corporate dynamic

c.Innovative, challenging, but often resisted

d.Stereotypic

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

a.Employee Turnover Rate

b.Improvement after Training

c.Structured Interview

d.Performance after Training

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

a.An increase in quantity supplied

b.An increase in supply over the previous year

c.Law of Variable Proportions

d.A decrease in supply

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

a.MR = MC = Price

b.MC = AR

c.AC = AR

d.MR = MC

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

a.Not at all considered as an option

b.Often required

c.Seldom required

d.Required as a mandate, when conflict remains unresolved

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

a.Diversity

b.Geographic

c.Cultural

d.Demographic

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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