UGC NET Mock Test 24 on Management - 20 Questions for Practice

1. A market structure which consists of one buyer and one seller is referred as?

a.Bilateral monopoly

b.Monopsony

c.Monopoly

d.Duopoly

2. Making profit by taking advantage of different prices prevailing in different markets is referred as ____?

a.Arbitrage

b.Hedging

c.Speculation

d.Gambling

3. Environmental issues can be managed by?

a.Investing in environment friendly process or products.

b.Managing environmental regulations.

c.Investing in environmental performance improvement.

d.All of the above.

4. The number of subordinates a superior can effectively handle is called?

a.Direction

b.Coordination

c.Organising people

d.Span of control

5. Other things being equal an increase in income leads to a decrease in demand for?

a.None of the above

b.Inferior Goods

c.Superior Goods

d.Both (A) and (B)

6. In production control, scheduling includes?

a.How much time will be taken in transferring production from one department to another.

b.All of the above.

c.Estimating the time to be consumed in these departments.

d.Deciding about the time when the production will reach various departments.

7. An entrepreneurial person employed by a corporation and encouraged to be innovative and creative is referred to as ____?

a.Intrapreneur

b.Entrepreneur

c.Competitor

d.Supplier

8. Which of the following provides direction, serves as standards for evaluating performance and motivates members of the organization?

a.Values

b.Mission

c.Goals

d.Objectives

9. Which level of Managers translate the corporate strategy into concrete objectives for their individual business?

a.Functional level

b.Business level

c.Corporate level

d.Multi-Business level

10. A formal document of what the entrepreneur intends to do to sell enough of the firm’s product or service to make a satisfactory profit is called?

a.Strategic plan

b.None of the above

c.Long range plan

d.Business plan

11. The evaluation of Business activities and behaviour as right or wrong is called?

a.Business Ethics

b.Social Responsibility

c.Corporate Governance

d.None of the above

12. Among the following financial derivatives, which involves the least risk for the holder?

a.Futures

b.Option

c.Forward

d.Swap

13. The ultimate mission or purpose is to relate human resources to future enterprise needs, so as to maximize the future return on investment in human resources. It is referred as?

a.Human Resource Planning

b.Forecasting

c.Demand and Supply

d.Human Resource Development

14. Selection of specific media in which advertisements will be run and when they will be run to reach the target market is called?

a.Media Planning

b.Advertising

c.Publicity

d.Public Relations

15. The four systems of Management in terms of Leadership styles are related to?

a.Rensis Likert

b.Philip Kotler

c.Blake and Mouton

d.Peter F. Drucker

16. Gegabyte refers to?

a.102400 Bytes

b.1024 Megabytes

c.1024 Kilobytes

d.1024 Bytes

17. If the regression coefficient B in Y = A + B X is equal to zero, then the regression line will ____?

a.Neither intersects x-axis nor y-axis

b.be parallel to the y-axis

c.be parallel to the x-axis

d.Pass through the origin

18. The cost of equity can be measured as?

a.Rate of dividend × (Face value – Issue Price)/n

b.D1/P0 + g

c.Rate of dividend (1– t).

d.Rate of interest (1 – t).

19. At which stage of new product development process, the launching of New Product will take place?

a.Business Analysis

b.Test Marketing

c.Commercialization

d.Marketing Strategy Development

20. “Hind Mazdoor Sabha” established in which year?

a.1942

b.1948

c.1940

d.1952

UGC NET Mock 24 on Management – 20 Questions for Practice

UGC NET Mock Test 24 on Management – 20 Questions for Practice

Take Test 24 20 questions for Practice – Management Test 24

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