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

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

a.Seldom required

b.Not at all considered as an option

c.Often required

d.Required as a mandate, when conflict remains unresolved

2. 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.

3. 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).

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

a.To meet the future financial requirements of the company

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

c.None of the above

d.Long-term financial needs of the company

5. Giffen goods are those goods?

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

b.Which have high elasticity of demand?

c.Which is in short supply?

d.For which demand increases as price decreases

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

a.Employee Turnover Rate

b.Improvement after Training

c.Performance after Training

d.Structured Interview

7. 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

8. An “Assessment Centre” is?

a.A technique

b.A place

c.None of the above

d.Both (A) and (B)

9. 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

10. 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.Faulty wage systems.

d.Out-dated methods of working

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

a.Cultural

b.Demographic

c.Geographic

d.Diversity

12. The method of payment in Mergers and Acquisitions may include
(i) Cash
(ii) Loan stock
(iii) Ordinary shares
(iv) Convertible loan stock

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

b.(i) & (iii) only

c.(ii) & (iv) only

d.(i) & (ii) only

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

a.Five forces of competition

b.Ansoff matrix

c.BCG matrix

d.McKinsey 7s Framework

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

a.D. E. McForland

b.George R. Terry

c.Peter Drucker

d.Henry Fayol

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

a.MR = MC = Price

b.MR = MC

c.MC = AR

d.AC = AR

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

a.An increase in supply over the previous year

b.A decrease in supply

c.An increase in quantity supplied

d.Law of Variable Proportions

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

a.Financial conditions and culture

b.None of the above

c.Prevailing economic and political conditions.

d.Emerging new technologies

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

a.None of the above

b.Public Deposits

c.Commercial Paper

d.Debentures

19. Cardinal measure of utility is required in ___?

a.Indifference Curve Analysis

b.Utility Theory

c.Revealed Preference

d.Inferior Goods

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

a.Different

b.Reverse to each other

c.Complementary to each other

d.Same

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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