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

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

a.Commercial Paper

b.None of the above

c.Debentures

d.Public Deposits

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

a.Reverse to each other

b.Complementary to each other

c.Same

d.Different

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

a.Structured Interview

b.Performance after Training

c.Improvement after Training

d.Employee Turnover Rate

4. Giffen goods are those goods?

a.Which have high elasticity of demand?

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

c.For which demand increases as price decreases

d.Which is in short supply?

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

a.None of the above

b.Market value of debt is maximum

c.Market price of equity share is maximum

d.Market price of equity share is minimum

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.Out-dated methods of working

c.Faulty wage systems.

d.All of the above

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

a.Bureaucratic as well as redtapic

b.Stereotypic

c.Innovative and challenging, making the corporate dynamic

d.Innovative, challenging, but often resisted

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

a.AC = AR

b.MR = MC

c.MR = MC = Price

d.MC = AR

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

a.To meet the future financial requirements of the company

b.Long-term financial needs of the company

c.None of the above

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

10. An “Assessment Centre” is?

a.A place

b.None of the above

c.A technique

d.Both (A) and (B)

11. Cardinal measure of utility is required in ___?

a.Inferior Goods

b.Revealed Preference

c.Indifference Curve Analysis

d.Utility Theory

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

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

b.Self guidelines for Business Operations

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

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

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

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

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

c.None of the above

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

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

a.Prevailing economic and political conditions.

b.Financial conditions and culture

c.Emerging new technologies

d.None of the above

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

a.Seldom required

b.Not at all considered as an option

c.Required as a mandate, when conflict remains unresolved

d.Often required

16. 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.(i) & (ii) only

c.(ii) & (iv) only

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

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

a.An increase in quantity supplied

b.An increase in supply over the previous year

c.Law of Variable Proportions

d.A decrease in supply

18. 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.D. E. McForland

d.Henry Fayol

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

a.Cultural

b.Geographic

c.Demographic

d.Diversity

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

a.BCG matrix

b.Ansoff matrix

c.Five forces of competition

d.McKinsey 7s Framework

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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