## UGC NET Mock Test 12 on Management – 20 Questions for Practice

#### Take Test 12 20 questions for Practice – Management Test 12

1. The best model to compute the probability that a machine functioning well in one period will continue to function or will break down in the next period is
a.
b.
c.
d.

2. Which of the following is/are a type(s) of direct marketing?
a.
b.
c.
d.

3. Relationship marketing aims at building mutually satisfying long term relations with
a.
b.
c.
d.

4. Match the correct combination for Assertion and Reason as argued by Shapiro and Titman:
Assertion (A): Management decisions to insure or hedge asset appear at best neutral mutation.
Reason (R): The price of systematic risk is identical for all the participants in the financial market.
a.
b.
c.
d.

5. Read the following statements and indicate the correct code from given below:
Statement I: A subjective probability may be nothing more than an educated guess.
Statement II: One reason that decision-makers at high levels often use subjective probabilities is that they are concerned with unique situations.
a.
b.
c.
d.

6. Which of the following is a step in performing analysis of variance?
i. Determine an estimate of population variance from within samples.
ii. Determine an estimate of population variance from among the sample means.
iii. Determine the difference between expected and observed frequency for each class.
a.
b.
c.
d.

7. Before performing the business analysis for developing a new product, a company should be engaged in_____?
a.
b.
c.
d.

8. In the social-cultural arena, marketers may not understand
a.
b.
c.
d.

9. The number of allocated cells in the optimal solution of a transportation problem having m rows and n columns is:
a.
b.
c.
d.

10. In inventory control, which one of the following factors does not affect the ROL (Re-Order-Level)?
a.
b.
c.
d.

11. Consider the following statements:
1. Usually people from the same culture, social class and occupation have the same lifestyle.
2. The consumer buying decision will involve the same stages regardless of whether the goods involved are low or high involvement.
3. “Salesmen are born, not made.”
4. The ultimate goal of a customer-oriented organization is to maximize its customer’s satisfaction.
Indicate the correct answer through the codes.
a.
b.
c.
d.

12. Conservative policy of working capital refers to
i. Situation with high investment in current assets
ii. Situation which stimulates sales
iii. Situation with frequent production stoppages
a.
b.
c.
d.

13. Consider the following statements:
i. Brand equity is a function of brand awareness and brand preference.
ii. Product lines tend to shorten over time.
iii. The Standards of Weights and Measures (Packaged Commodities) Rules, 1977 provide for the labelling rules relating to packaged commodities.
iv. AIDA Model is relevant to advertising as well as physical distribution.
a.
b.
c.
d.

14. A marketer developing a brand name that is easy to pronounce would conduct:
a.
b.
c.
d.

15. DUPONT analysis refers to
a.
b.
c.
d.

16. Which one of the following is not the major objective of International Monetary Fund?
a.
b.
c.
d.

17. In a railway yard, goods trains arrive at a rate of 30 trains per day. Assume that the inter-arrival time follows an exponential distribution and the service distribution is also an exponential with an average of 36 minutes. The probability that the size of the queue exceeds 10 is
a.
b.
c.
d.

18. A manufacturer of industrial goods would use ______ sales force structure.
a.
b.
c.
d.

19. Cognitive dissonance is associated with which stage of the consumer buying decision process?
a.
b.
c.
d.

20. If in the optimal solution of a linear programming problem, a non-basic variable has zero value in the Cj – Zj row, the problem
a.
b.
c.
d.