UGC NET Mock Test 23 on Management - 20 Questions for Practice

1. A Marketing database is built as an aid to?

a.Price hike

b.Market research

c.Product-mix expansion

d.Reducing the cost of production

2. The model that applies to Economic Order Quantity for Inventory Management, was proposed to be applied to Cash Management by?

a.Miller and Orr

b.William Sharpe

c.David Durand

d.William J. Baumol

3. Statistical Quality Control requires determination of ____?

a.Quantity measurement

b.Quality tolerance limit

c.Inventory carrying cost

d.Production leads time

4. If a hypothesis is statistically significant, then it is concluded that?

a.The null hypothesis of no relationship is probably true.

b.The observed result cannot possibly be due to chance.

c.The observed result is probably not due to chance.

d.The observed result is probably a chance result.

5. Recruitment is concerned with?

a.Developing a pool of job candidates

b.Getting applications

c.None of the above

d.Selecting the right candidate

6. The process of determining the tasks that make-up a job and the skills, abilities and responsibilities needed to perform the job is called?

a.Job Enrichment

b.All of the above

c.Job Description

d.Job Analysis

7. Which of the following is not a Trading block?

a.NAFTA

b.IMF

c.SAARC

d.ASEAN

8. In production management, dispatching includes:

a.Providing materials, tools, etc. to work.

b.Giving work to machines and places.

c.Issuing appropriate orders for production process.

d.All of the above.

9. Which of the following is the internal sources of recruitment?

a.None of the above

b.Both (A) and (B)

c.Advertisement

d.Selection

10. GATT stands for?

a.Generalist Agreement on Trade and Tariff

b.General Accord on Tariff and Trade

c.Generous Agreement on Trade and Tariff

d.General Agreement on Tariff and Trade

11. In which stage of the product life cycle, the company takes decision whether to maintain, harvest or drop the product?

a.Maturity

b.Introduction

c.Growth

d.Decline

12. The Government of India established the Small Industries Development Organisation (SIDO) in the year:

a.1982

b.1954

c.1972

d.1951

13. Who is father of Administrative Management Theory?

a.Henry Fayol

b.Frank Gilbraith

c.Henry Gantt

d.Max Weber

14. People who take the risks necessary to organize manage and receive the financial profits and non-monetary rewards are called?

a.Entrepreneurs

b.Employees

c.Competitors

d.Suppliers

15. Which communication component is not a paid form of communication?

a.Publicity

b.Advertising

c.Sales promotion

d.Personal selling

16. With reference to Working Capital Management, the term ‘float’ relates to?

a.Receivables Management

b.Inventory Management

c.Cash Management

d.Marketable Securities

17. Cars are parked in a very big parking lot. A researcher is required to estimate the proportion of cars that are red or the proportion of cars that are from a Japanese manufacturer. Which of the following statements is not correct?

a.The sample proportion of cars that are red is an unbiased estimate of the population proportion if the sampling method is simple random.

b.Different investigators may get different estimates for the proportion of cars that are red.

c.A sample of 100 cars in a convenience sample is always better than a sample of 20 cars from a proper random sampling method.

d.A convenience sample of cars parked near the gate may give a biased estimate of the proportion of cars which are from a Japanese Manufacturer.

18. In which stage of new product development process, the product and marketing programs are tested in realistic market settings?

a.Test Marketing

b.Idea Screening

c.Commercialization

d.Concept Development and Testing

19. Which of the following is not a function of distribution agency?

a.Transportation

b.Manufacturing

c.Servicing

d.Inventorying

20. Takeover generally involves?

a.The acquisition of part of an undertaking to enable the acquirer to increase the market share of the product concerned.

b.Theacquisition of certain block of equity capital of a company which enables the acquirer to exercise control over the affairs of the company.

c.Taking over the responsibility to have trade agreement for finished product.

d.Taking over certain long-term liabilities of another group company to help it financially.

UGC NET Mock 23 on Management – 20 Questions for Practice

UGC NET Mock Test 23 on Management – 20 Questions for Practice

Take Test 23 20 questions for Practice – Management Test 23

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