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

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

a.Decline

b.Market segmentation

c.Growth

d.Introduction

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

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

b.No definite assertion can be made.

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

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

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

a.Plant Location and Layout

b.Market Intelligence and Survey

c.Production, Planning and Control

d.Procurement of Raw Materials

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

a.50

b.15

c.14

d.49

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

a.Kishwar S. Kan

b.Kenneth Andrews

c.Cundiff and still

d.Philip Kotler

6. Promotion mix includes?

a.Transportation, material handling, packaging and customer service

b.Brand name, product benefits, delivery and credit

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

d.Advertising, publicity, personal selling and sales promotion

7. The critical path of a network is?

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

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

c.The longest time path through a network

d.The shortest time path through a network

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

a.Risk and EPS

b.Risk and value of the firm

c.None of the above

d.Risk and the required rate of return

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

a.is always equal to the population standard deviation.

b.is always lower than the population standard deviation

c.Always exceeds the population standard deviation.

d.Either exceeds or equals the population standard deviation.

10. 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.– 0.68

c.– 0.02

d.0.4624

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

a.Magnetic Floppy Disk

b.CD ROM

c.Magnetic Tape

d.Magnetic Hard Disk

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

a.Public issue through Prospectus

b.None of the above

c.Vendor placing

d.Private placements

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

a.Concentric diversification

b.Backward integration

c.Conglomerate diversification

d.Forward integration

14. Acceptance Quality level is?

a.Maximum number of defectives that the producer will allow

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

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

d.Maximum number of defectives that the consumers will accept

15. Which is the basic form of Innovation?

a.Improvement and development of existing firm

b.Improvement and development of existing process

c.Introduction of novel production process

d.All of the above

16. Time study refers to?

a.Improving work methods

b.Developing a standard time to do a particular task

c.Value engineering

d.Value analysis

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

a.Production Research

b.Advertising Research

c.None of the above

d.Marketing Research

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

a.The type of business involved

b.All of the above

c.Objective, plans and policies of the firm

d.Firm Resources

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

a.GE Nine Cell Matrix

b.BCG Matrix

c.Company’s Mission

d.7’s framework

20. 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.0.55

d.0.5

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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