UGC NET Mock Test 26 on Management - 20 Questions for Practice

1. A store manager is trying to explore the relationship between percentage fat content (Y) and price (X) of various dairy products. He finds that the coefficient of determination is 0.4624 and the estimated regression line is Y = 0.5 – 0.02 X. The coefficient of correlation would be?

a.– 0.68

b.– 0.02

c.0.4624

d.0.68

2. Which of the following is not the stage of product life cycle?

a.Growth

b.Decline

c.Market segmentation

d.Introduction

3. Acceptance Quality level is?

a.Maximum number of defectives that the consumers will accept

b.Fraction defective(s) that the producer considers acceptable

c.Maximum number of defectives that the producer will allow

d.Fraction defective(s) that the consumer considers acceptable

4. Which of the following devices would be considered a typical sequential access medium?

a.Magnetic Floppy Disk

b.Magnetic Tape

c.Magnetic Hard Disk

d.CD ROM

5. ‘Marketing is a human activity directed at satisfying needs and wants through Exchange process’; is the statement of?

a.Kenneth Andrews

b.Cundiff and still

c.Kishwar S. Kan

d.Philip Kotler

6. Name the factors taken into consideration in Internal Analysis?

a.Objective, plans and policies of the firm

b.All of the above

c.The type of business involved

d.Firm Resources

7. Promotion mix includes?

a.Physical attributes, brand, package and product life cycle

b.Brand name, product benefits, delivery and credit

c.Transportation, material handling, packaging and customer service

d.Advertising, publicity, personal selling and sales promotion

8. Diversification is to a new business area that has no obvious connection with any of the company’s existing areas refer to?

a.Backward integration

b.Concentric diversification

c.Conglomerate diversification

d.Forward integration

9. Time study refers to?

a.Value engineering

b.Improving work methods

c.Developing a standard time to do a particular task

d.Value analysis

10. Which of the following statement on testing of hypothesis is always true?

a.When the null hypothesis is rejected at 5%, it is always rejected at 1% level of significance.

b.No definite assertion can be made.

c.When the null hypothesis is not rejected at 1%, it is rejected at 5% level of significance.

d.When the null hypothesis is rejected at 1%, it is also rejected at 5% level of significance.

11. The scientific system of collecting and analysis of data pertaining to market is known as?

a.None of the above

b.Advertising Research

c.Marketing Research

d.Production Research

12. The standard error of the mean of a random sample of size two or more.

a.is always lower than the population standard deviation

b.Either exceeds or equals the population standard deviation.

c.Always exceeds the population standard deviation.

d.is always equal to the population standard deviation.

13. The critical path of a network is?

a.For which earliest start time and latest start time are same

b.The longest time path through a network

c.For which earliest finish time and latest finish time are same

d.The shortest time path through a network

14. Which is the basic form of Innovation?

a.Improvement and development of existing firm

b.Introduction of novel production process

c.Improvement and development of existing process

d.All of the above

15. What describes the market, product and technological areas of business?

a.GE Nine Cell Matrix

b.Company’s Mission

c.BCG Matrix

d.7’s framework

16. Which of the following is a main method of issue of stocks?

a.Private placements

b.Vendor placing

c.Public issue through Prospectus

d.None of the above

17. In a transportation problem involving 10 origins and 5 destinations, the number of constraints representing origin capacity and destination requirements is equal to?

a.49

b.50

c.14

d.15

18. If a person buys one ticket of a State lottery, then the probability that he wins a price is 0.11. If a person buys one ticket each month for five months, what is the probability that he will win at least one price?

a.0.56

b.0.44

c.0.5

d.0.55

19. Which one of the following is not the function of Production Management?

a.Market Intelligence and Survey

b.Production, Planning and Control

c.Procurement of Raw Materials

d.Plant Location and Layout

20. The Capital Asset Pricing Model (CAPM) establishes the relationship between ___?

a.None of the above

b.Risk and value of the firm

c.Risk and the required rate of return

d.Risk and EPS

UGC NET Mock 26 on Management – 20 Questions for Practice

UGC NET Mock Test 26 on Management – 20 Questions for Practice

Take Test 26 20 questions for Practice – Management Test 26

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