UGC NET Mock 9 on Management – 20 Questions for Practice by Meenu Saini | Feb 26, 2024 | General | 0 comments UGC NET Mock Test 9 on Management – 20 Questions for Practice Take Test 9 20 questions for Practice – Management Test 9 1. 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 asa.Cost Leadership – Best Valueb.Differentiationc.Focus – Best Valued.Focus – Low Cost Loading... 2. Work measurement refers toa.Arrangement of machines according to operations.b.The length of time it takes to complete a work task assigned to a specific job.c.Planning the work and working for the plans.d.Improving work methods. Loading... 3. 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?a.IFE Matrixb.CPM Matrixc.EFE Matrixd.BCG Matrix Loading... 4. The customer joining the queue and leaving it afterwards is defined asa.Renegingb.Jockeyingc.None of the aboved.Balking Loading... 5. In a symmetrical distributiona.Mean, Median and Correlation are equal.b.None of the abovec.Mean, Median and Standard Deviation are equal.d.Mean, Median and Mode values are identical. Loading... 6. Y = a + bX refers toa.Y = dependent variable, a = Y intercept, b = slope of the line and X = independent variableb.Y = dependent variable, a = slope of the line, b = Y intercept and X = independent variablec.Y = independent variable, a = slope of the line, b = Y intercept and X = dependent variabled.Y = independent variable, a = dependent variable, b = Y intercept and X = slope of the line Loading... 7. 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:a.Statement II is correct and I is wrong.b.Both statements are correct.c.Statement I is correct and II is wrong.d.Both statements are wrong. Loading... 8. Which of the following powers of Directors cannot be exercised without the consent of shareholders in General Meeting?a.Power to buy back its sharesb.Power to make loansc.Power to make calls on shareholdersd.Power to borrow monies exceeding the aggregate of the paid-up capital of the company and its free reserves. Loading... 9. Which among the following best describes the process of gaining competitive advantage in a firm?a.Strengths → Weaknesses → Distinctive Competencies → Competitive Advantageb.Weaknesses → Strengths → Distinctive Advantages → Competitive Advantagesc.Distinctive Competencies → Weaknesses → Strengths → Competitive Advantagesd.Weaknesses → Strengths → Distinctive Competencies → Competitive Advantages Loading... 10. Facility planning includesa.Determination of production capacityb.Determination of production facilities locationc.All the aboved.Determination of the layout Loading... 11. From the following, identify the test which can be used both as parametric and non-parametric?a.‘Chi-square’ testb.‘Wil-coxon’ testc.‘T’ testd.‘F’ test Loading... 12. 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) Decisiona.(i), (iii), (iv) and (ii)b.(iii), (i), (ii) and (iv)c.(i), (iii), (ii) and (iv)d.(iii), (ii), (i) and (iv) Loading... 13. An industrial unit, according to the RBI, is sick ifa.all of the above.b.Likely to incur loss in the following year.c.Current ratio is less than 1: 1 with weak debt-equity ratio.d.Incurred cash loss in the previous year. Loading... 14. “An entrepreneur always searches for change, responds to it and exploits it as an opportunity.” Who said it?a.Max Weberb.Peter F. Druckerc.F.W. Taylord.J.R. Tulsian Loading... 15. Which among the following is not correct with regards to Clause 49 of SEBI Act?a.It desires 50 percent independent Directors.b.Clause 49 is related to the Listing Agreement to the Indian Stock Exchange.c.None of the aboved.It came into effect from 31stDecember 2005. Loading... 16. A sound business opportunity is the result of appropriate interaction between:a.Needs of the societyb.Resources available in the environmentc.all of the aboved.Capabilities of an entrepreneur Loading... 17. 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:a.Rivalry among competing firms.b.Potential development of substitute products.c.Bargaining power of consumers.d.Potential entry of new competitors. Loading... 18. 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 abovea.1 & 2b.4 onlyc.2 & 3d.3 only Loading... 19. 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.a.Statement II is correct and I is false.b.Both statements I & II are correct.c.Statement I is correct and II is false.d.Both statements I & II are false. Loading... 20. Which is not the object of Entrepreneurship Development Programmes?a.None of the aboveb.To remove doubts of entrepreneurs and to give solutions to the problemsc.To create successful entrepreneurd.To create awareness about Government schemes and programmes Loading... Loading... Submit a Comment Cancel replyYou must be logged in to post a comment.