UGC NET Mock 9 on Management – 20 Questions for Practice

1. The customer joining the queue and leaving it afterwards is defined as

2. An industrial unit, according to the RBI, is sick if

3. A sound business opportunity is the result of appropriate interaction between:

4. According to Michael Porter, a strategy aims at producing products and services considered unique industry wide and directed at consumers who are relatively price-insensitive is known as

5. “An entrepreneur always searches for change, responds to it and exploits it as an opportunity.” Who said it?

6. Work measurement refers to

7. Which of the following powers of Directors cannot be exercised without the consent of shareholders in General Meeting?

8. Which is not the object of Entrepreneurship Development Programmes?

9. Arrange the following in ascending order in the testing of hypothesis:
(i) Determining the level of significance
(ii) Deciding the Statistical Test and computation
(iii) Setting the hypothesis
(iv) Decision

10. From the following, identify the test which can be used both as parametric and non-parametric?

11. Statement – I: One of the major causes of the industry for larger capacity is the argument that large facilities facilitate greater economies of scale. But the major concern for building big capacity is that funds will be tied up or scarcity of funds.
Statement – II: A viable alternative to larger capacity production facilities is to develop subcontractor and supplier networks.

12. In a symmetrical distribution

13. According to Porter, the nature of competitiveness in a given industry can be viewed as a composite of the following five forces:
1. Rivalry among competing firms.
2. Potential entry of new competitors.
3. Potential development of substitute products.
4. Bargaining power of suppliers.
5. Bargaining power of consumers.
Identify the force which is central (most powerful) to remaining four:

14. Two statements are given below:
Statement – I: Product concept of marketing holds that consumers would favour those products that are available and highly affordable.
Statement – II: Production concept of marketing holds that consumers would not buy enough of the company’s product unless the company undertakes a substantial promotional efforts.
Choose the correct option from the four options given below:

15. Facility planning includes

16. Which of the following function involved under marketing management’s function?
1. Collection of market information
2. Marketing coordination
3. Marketing controlling
4. All the above

17. In context of Industry Analysis which matrix allows strategists to summarise and evaluate economic, social, cultural, demographic, environmental, political, governmental, legal, technological and competitive information?

18. Which among the following best describes the process of gaining competitive advantage in a firm?

19. Y = a + bX refers to

20. Which among the following is not correct with regards to Clause 49 of SEBI Act?