UGC NET Mock Test 26 on Management - 20 Questions for Practice

1. Which of the following statement on testing of hypothesis is always true?

a.When the null hypothesis is rejected at 1%, it is also rejected at 5% level of significance.

b.When the null hypothesis is not rejected at 1%, it is rejected at 5% level of significance.

c.When the null hypothesis is rejected at 5%, it is always rejected at 1% level of significance.

d.No definite assertion can be made.

2. The critical path of a network is?

a.The shortest time path through a network

b.For which earliest finish time and latest finish time are same

c.The longest time path through a network

d.For which earliest start time and latest start time are same

3. The standard error of the mean of a random sample of size two or more.

a.is always lower than the population standard deviation

b.is always equal to the population standard deviation.

c.Either exceeds or equals the population standard deviation.

d.Always exceeds the population standard deviation.

4. Which one of the following is not the function of Production Management?

a.Procurement of Raw Materials

b.Plant Location and Layout

c.Market Intelligence and Survey

d.Production, Planning and Control

5. Diversification is to a new business area that has no obvious connection with any of the company’s existing areas refer to?

a.Concentric diversification

b.Backward integration

c.Forward integration

d.Conglomerate diversification

6. Acceptance Quality level is?

a.Fraction defective(s) that the consumer considers acceptable

b.Maximum number of defectives that the consumers will accept

c.Maximum number of defectives that the producer will allow

d.Fraction defective(s) that the producer considers acceptable

7. In a transportation problem involving 10 origins and 5 destinations, the number of constraints representing origin capacity and destination requirements is equal to?

a.15

b.50

c.49

d.14

8. The scientific system of collecting and analysis of data pertaining to market is known as?

a.Production Research

b.Advertising Research

c.Marketing Research

d.None of the above

9. Which of the following is not the stage of product life cycle?

a.Introduction

b.Decline

c.Growth

d.Market segmentation

10. If a person buys one ticket of a State lottery, then the probability that he wins a price is 0.11. If a person buys one ticket each month for five months, what is the probability that he will win at least one price?

a.0.56

b.0.55

c.0.44

d.0.5

11. A store manager is trying to explore the relationship between percentage fat content (Y) and price (X) of various dairy products. He finds that the coefficient of determination is 0.4624 and the estimated regression line is Y = 0.5 – 0.02 X. The coefficient of correlation would be?

a.– 0.68

b.– 0.02

c.0.4624

d.0.68

12. Promotion mix includes?

a.Transportation, material handling, packaging and customer service

b.Brand name, product benefits, delivery and credit

c.Physical attributes, brand, package and product life cycle

d.Advertising, publicity, personal selling and sales promotion

13. The Capital Asset Pricing Model (CAPM) establishes the relationship between ___?

a.None of the above

b.Risk and value of the firm

c.Risk and the required rate of return

d.Risk and EPS

14. Which of the following is a main method of issue of stocks?

a.Private placements

b.Public issue through Prospectus

c.None of the above

d.Vendor placing

15. Which is the basic form of Innovation?

a.Introduction of novel production process

b.Improvement and development of existing firm

c.All of the above

d.Improvement and development of existing process

16. Name the factors taken into consideration in Internal Analysis?

a.Firm Resources

b.All of the above

c.The type of business involved

d.Objective, plans and policies of the firm

17. ‘Marketing is a human activity directed at satisfying needs and wants through Exchange process’; is the statement of?

a.Philip Kotler

b.Cundiff and still

c.Kishwar S. Kan

d.Kenneth Andrews

18. Time study refers to?

a.Improving work methods

b.Value analysis

c.Value engineering

d.Developing a standard time to do a particular task

19. What describes the market, product and technological areas of business?

a.7’s framework

b.GE Nine Cell Matrix

c.BCG Matrix

d.Company’s Mission

20. Which of the following devices would be considered a typical sequential access medium?

a.CD ROM

b.Magnetic Floppy Disk

c.Magnetic Tape

d.Magnetic Hard Disk

UGC NET Mock 26 on Management – 20 Questions for Practice

UGC NET Mock Test 26 on Management – 20 Questions for Practice

Take Test 26 20 questions for Practice – Management Test 26

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