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

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

a.Long-term financial needs of the company

b.None of the above

c.To meet the future financial requirements of the company

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

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

a.McKinsey 7s Framework

b.Ansoff matrix

c.Five forces of competition

d.BCG matrix

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

a.Stereotypic

b.Innovative, challenging, but often resisted

c.Bureaucratic as well as redtapic

d.Innovative and challenging, making the corporate dynamic

4. An “Assessment Centre” is?

a.A technique

b.A place

c.Both (A) and (B)

d.None of the above

5. Giffen goods are those goods?

a.Which have high elasticity of demand?

b.Which is in short supply?

c.For which demand increases as price decreases

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

6. 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.Faulty wage systems.

c.All of the above

d.Out-dated methods of working

7. 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

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

a.Reverse to each other

b.Same

c.Complementary to each other

d.Different

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

a.Employee Turnover Rate

b.Performance after Training

c.Improvement after Training

d.Structured Interview

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

a.None of the above

b.Financial conditions and culture

c.Emerging new technologies

d.Prevailing economic and political conditions.

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

a.MC = AR

b.MR = MC

c.AC = AR

d.MR = MC = Price

12. Cardinal measure of utility is required in ___?

a.Utility Theory

b.Indifference Curve Analysis

c.Inferior Goods

d.Revealed Preference

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

a.Not at all considered as an option

b.Seldom required

c.Required as a mandate, when conflict remains unresolved

d.Often required

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

a.Market price of equity share is minimum

b.None of the above

c.Market value of debt is maximum

d.Market price of equity share is maximum

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

a.None of the above

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

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

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

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

a.Cultural

b.Diversity

c.Demographic

d.Geographic

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

a.Commercial Paper

b.Public Deposits

c.Debentures

d.None of the above

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

a.Law of Variable Proportions

b.An increase in quantity supplied

c.An increase in supply over the previous year

d.A decrease in supply

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

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

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

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

d.Self guidelines for Business Operations

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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