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 Please wait... 1. 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.Both statements are wrong.b.Both statements are correct.c.Statement II is correct and I is wrong.d.Statement I is correct and II is wrong. Loading... 2. Y = a + bX refers toa.Y = dependent variable, a = slope of the line, b = Y intercept and X = independent variableb.Y = independent variable, a = dependent variable, b = Y intercept and X = slope of the linec.Y = independent variable, a = slope of the line, b = Y intercept and X = dependent variabled.Y = dependent variable, a = Y intercept, b = slope of the line and X = independent variable Loading... 3. Which among the following best describes the process of gaining competitive advantage in a firm?a.Weaknesses → Strengths → Distinctive Competencies → Competitive Advantagesb.Distinctive Competencies → Weaknesses → Strengths → Competitive Advantagesc.Weaknesses → Strengths → Distinctive Advantages → Competitive Advantagesd.Strengths → Weaknesses → Distinctive Competencies → Competitive Advantage Loading... 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 asa.Focus – Low Costb.Differentiationc.Cost Leadership – Best Valued.Focus – Best Value Loading... 5. 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.3 onlyb.2 & 3c.4 onlyd.1 & 2 Loading... 6. The customer joining the queue and leaving it afterwards is defined asa.Balkingb.Renegingc.None of the aboved.Jockeying Loading... 7. 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.EFE Matrixb.CPM Matrixc.BCG Matrixd.IFE Matrix Loading... 8. A sound business opportunity is the result of appropriate interaction between:a.Needs of the societyb.all of the abovec.Capabilities of an entrepreneurd.Resources available in the environment Loading... 9. An industrial unit, according to the RBI, is sick ifa.Likely to incur loss in the following year.b.Incurred cash loss in the previous year.c.Current ratio is less than 1: 1 with weak debt-equity ratio.d.all of the above. Loading... 10. 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... 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.a.Both statements I & II are false.b.Both statements I & II are correct.c.Statement I is correct and II is false.d.Statement II is correct and I is false. Loading... 12. Work measurement refers toa.Planning the work and working for the plans.b.Improving work methods.c.Arrangement of machines according to operations.d.The length of time it takes to complete a work task assigned to a specific job. Loading... 13. Which among the following is not correct with regards to Clause 49 of SEBI Act?a.Clause 49 is related to the Listing Agreement to the Indian Stock Exchange.b.It desires 50 percent independent Directors.c.None of the aboved.It came into effect from 31stDecember 2005. Loading... 14. Facility planning includesa.Determination of the layoutb.All the abovec.Determination of production capacityd.Determination of production facilities location Loading... 15. From the following, identify the test which can be used both as parametric and non-parametric?a.‘Chi-square’ testb.‘T’ testc.‘F’ testd.‘Wil-coxon’ test Loading... 16. “An entrepreneur always searches for change, responds to it and exploits it as an opportunity.” Who said it?a.F.W. Taylorb.Max Weberc.J.R. Tulsiand.Peter F. Drucker 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.Potential development of substitute products.b.Bargaining power of consumers.c.Potential entry of new competitors.d.Rivalry among competing firms. Loading... 18. 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.(iii), (ii), (i) and (iv)b.(i), (iii), (iv) and (ii)c.(i), (iii), (ii) and (iv)d.(iii), (i), (ii) and (iv) Loading... 19. In a symmetrical distributiona.Mean, Median and Standard Deviation are equal.b.Mean, Median and Correlation are equal.c.None of the aboved.Mean, Median and Mode values are identical. Loading... 20. Which is not the object of Entrepreneurship Development Programmes?a.None of the aboveb.To create successful entrepreneurc.To create awareness about Government schemes and programmesd.To remove doubts of entrepreneurs and to give solutions to the problems Loading... Loading... on Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ