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

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

a.Peter Drucker

b.George R. Terry

c.Henry Fayol

d.D. E. McForland

2. An “Assessment Centre” is?

a.None of the above

b.A place

c.A technique

d.Both (A) and (B)

3. 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

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

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

d.Self guidelines for Business Operations

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

a.Performance after Training

b.Improvement after Training

c.Structured Interview

d.Employee Turnover Rate

6. Cardinal measure of utility is required in ___?

a.Utility Theory

b.Inferior Goods

c.Indifference Curve Analysis

d.Revealed Preference

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

a.None of the above

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

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

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

8. 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

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

a.None of the above

b.To meet the future financial requirements of the company

c.Long-term financial needs of the company

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

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

a.MR = MC

b.MR = MC = Price

c.AC = AR

d.MC = AR

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

a.Ansoff matrix

b.Five forces of competition

c.BCG matrix

d.McKinsey 7s Framework

12. 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.Out-dated methods of working

b.All of the above

c.Fear of losing jobs if they increase their output.

d.Faulty wage systems.

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

a.Innovative and challenging, making the corporate dynamic

b.Innovative, challenging, but often resisted

c.Stereotypic

d.Bureaucratic as well as redtapic

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

a.An increase in quantity supplied

b.A decrease in supply

c.An increase in supply over the previous year

d.Law of Variable Proportions

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

a.Required as a mandate, when conflict remains unresolved

b.Often required

c.Seldom required

d.Not at all considered as an option

16. Giffen goods are those goods?

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

b.Which is in short supply?

c.For which demand increases as price decreases

d.Which have high elasticity of demand?

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

a.Demographic

b.Geographic

c.Diversity

d.Cultural

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

a.Market price of equity share is maximum

b.None of the above

c.Market value of debt is maximum

d.Market price of equity share is minimum

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

a.Complementary to each other

b.Reverse to each other

c.Same

d.Different

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

a.Debentures

b.Public Deposits

c.None of the above

d.Commercial Paper

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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