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

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

a.An increase in supply over the previous year

b.An increase in quantity supplied

c.A decrease in supply

d.Law of Variable Proportions

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

a.Market price of equity share is minimum

b.Market price of equity share is maximum

c.Market value of debt is maximum

d.None of the above

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

a.MR = MC

b.MC = AR

c.MR = MC = Price

d.AC = AR

4. An “Assessment Centre” is?

a.None of the above

b.A technique

c.A place

d.Both (A) and (B)

5. 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.Self guidelines for Business Operations

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

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

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

a.Financial conditions and culture

b.Prevailing economic and political conditions.

c.None of the above

d.Emerging new technologies

7. 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.All of the above

c.Out-dated methods of working

d.Faulty wage systems.

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

a.Henry Fayol

b.Peter Drucker

c.D. E. McForland

d.George R. Terry

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

a.McKinsey 7s Framework

b.BCG matrix

c.Five forces of competition

d.Ansoff matrix

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

a.Demographic

b.Cultural

c.Geographic

d.Diversity

11. Giffen goods are those goods?

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

b.For which demand increases as price decreases

c.Which is in short supply?

d.Which have high elasticity of demand?

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

a.Different

b.Complementary to each other

c.Reverse to each other

d.Same

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

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

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

c.None of the above

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

14. Cardinal measure of utility is required in ___?

a.Inferior Goods

b.Utility Theory

c.Indifference Curve Analysis

d.Revealed Preference

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

a.Often required

b.Seldom required

c.Required as a mandate, when conflict remains unresolved

d.Not at all considered as an option

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

a.Performance after Training

b.Employee Turnover Rate

c.Improvement after Training

d.Structured Interview

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

a.None of the above

b.Long-term financial needs of the company

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

d.To meet the future financial requirements of the company

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

a.Innovative and challenging, making the corporate dynamic

b.Bureaucratic as well as redtapic

c.Innovative, challenging, but often resisted

d.Stereotypic

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) & (iii) only

b.(ii) & (iv) only

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

d.(i) & (ii) only

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

a.Public Deposits

b.None of the above

c.Commercial Paper

d.Debentures

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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