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Cbse ugc-net-management-paper-2-december-2005
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MANAGEMENT
PAPER-II
Note: This paper contains fifty (50) multiple-choice questions, each question carrying
two (2) marks_ Attempt all of them.
1. In the law of variable proportions, phase "two" indicates:
(A) Increasing retums
(C) Diminishing returns
(B) Constant retums
(D) Negative returns
2. The demand curve facing the pure monopolist is :
(A) Positively sloped
(C) Horizontal
(B) Negatively sloped
(D) None of the above
3. Total consumer expenditure on a good falls as its price falls, this indicates that its price
elasticity is :
(A) One
(C) More than one
4. National iru:ome is:
(A) NDP at factor cost
(C) NNP at market price
(B) Less than one
(D) None of the above
(B) NNP at factor cost
(D) GNP at factor cost
5. "Supply creates its own demand" is known as :
(A) Keynesian law
(C) Say's law
(B) Veblen law
(D) No"" of the above
6. An organisation that has developed capacity to adapt and change is &scribed as:
(A) Virtual organisation
(C) Developing organisation
(B) Learning organisation
(D) Changing organisation
7. The personality theory that emphasises the unconscious detenninants of behaviour is
known as:
(A) Cognitive theory
(C) Perpetual theory
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(B) Psychodynamic theory
(D) Refreezing
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8. 'Grapevine' is the tenn used in relation to :
(A) Fonnal communication
(B) Inionnal communication
(C) Both fonnal and infonnal communication
(D) None of the above
9. Whlch theory of motivation places a premium on the effort- reward relationship ?
(A) Vroom's (B) J.1i:Clelland's (C) Equity (D) Hersberg
10. ____ is the third person acting as a catalyst, who assesta in the achievement of
the smooth introduction and implementation of change.
(A) change agent
(C) change supervisor
(B) change manager
(D) change player
11. A leader may use the following methods :
(a) Use criticism
(b) Encourage growth
(c) Set objectives
(d) Give orders and directions
Whlch of these methods are used by a democratic leader ?
(A) (a) and (b)
(C) (b) and (c)
(B) (c) and (d)
(D) (a), (b) and (d)
12. The provision of training and practice in an increased range of skills is known as :
(A) job enrichment (B) job enlargement
(C) job evaluation (D) job analysis
13. A level or standard in a scale against which performance can be evaluated in order to
structure similar process is described as :
(A) Standsrdisation
(C) Structuring
14. A wage period shall not exceed :
(A) Forty dsys
(C) OTif< month
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(B) Beru:h -marking
(D) lnstitutionalising
(B) One week
(D) Thirty- five dsys
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15. In a factory, where more than _____ women workers are ordinarily employed
creche fadlity has to be provided.
(A) 20 (B) 30 (C) 40 (D) 50
16. ____ is temporarily closing down the undertaking with the intention of forcing
workers to accept the demands of employer.
(A) Lay-off
(C) Lock out
,. l1atch the following :
Trade Union
(~) INTUC
~) AITUC
(c) CITU
(d)
'""'Code: (•) ~)
(A) (iv) (iii)
~) (i) (li)
(C) (i) (lii)
(D) (i) (lv)
(<) (d)
(li) (i)
(iii) (iv)
(ri) (iv)
(iii) (ii)
(B) Retreru:hment
(D) Tennination
Political Affiliation
(i) Congress (I)
(ii) ITl (M)
(iii) CPI
(iv) BJP
18. According to 'dividend discount model' the value of an equity share is equal to :
(A) Present value of dividends expected from equity ownership
(B) Present value of dividends expected from equity ownership plus present value of
sale price expected when equity share is sold
(C) Present value of dividends and bonus expected from equity ownership
(D) None of the above
19. NPVisthesumof:
(A) Present values of all the cash flows expected to occur over the life of a project
(B) Present values of the positive cashflowsexpected to occur over the life of a project
(C) Cummulative values of the positive cash flows expected to occur over the life of a
project.
(D) Total value of the positive and negative cash flows expected to occur over the life
of a project
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20. Decision trff analysis is a useful tool for analysing :
(A) sequential decisions in the face of cost
(B) isolated decisions in the face of risk
(C) sequential decisions in the face of risk
(D) quick decisions in the face of returns
21. The division of a company into two separate independent companies is known as :
(A) Spin off (B) Dissolution (C) Uquidation (D) Split up
22. The nature of amalgamation as uniting of interests or acquisition is described in which
Accounting standard issued by ICAI.
(A) AS-13 (B) AS-14
23. J.farketing coru:ept emphasises on :
(A) Customer- oriented products
(C) Sales orientation
24. Skimming pricing implies :
(A) Experimental pricing
(C) High pricing
25. Impulse buying implies :
(C) AS-15
(B) Value creation
(D) Production orientation
(B) Low pricing
(D) None of the above
(A) Purchasing with little or no advance planning
(B) Purchasing involving all family members
(C) Purchasing involving all relatives
(D) None of the above
26. The first commandment in marketing is :
(A) know thy customer
(C) know thy markets
27. A brand is a means of :
(A) Naming the products
(B) Packaging of the products
(C) Contents of the products
(B) know thy product
(D) know thy price
(D) Identifying and differentiating the company's products
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(D) AS-16
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28. Consumers' Risk is :
(A) the lowest allowable probability of accepting a bad lot
(B) the largest allowable probability of rejecting a good lot
(C) the largest allowable probability of accepting a bad lot
(D) noTif< of the above
29. Surplus variables are introduced for solving :
(A) the transportation problem
(B) the L.P.P. problem with constraints are of less than type
(C) the ITM problems
(D) the L.P.P. problem with constraints are of greater than type
30. The decision making under risk is the process when:
(A) the probability distribution of the variable is known
(B) the objective function is not known
(C) how to take the decision is not known
(D) noTif< of the above
31. The economic order quantity is that quantity for which :
(A) the fixed cost is equal to the variable cost
(B) the ordering cost is equal to the carrying cost
(C) the economic cost is less than economic value
(D) the value of the product is equal to the operating cost
32. In queru:ing theory the symbol M/M/1/FIFO/ oo stands for :
(A) Exponential arrival rate, poisson service rate, single channel, first in first out and
infinite queue length
(B) Poisson arrival, expoTif<ntial service rate, single channel, first in first out and infinite
queue length
(C) Poisson arrival, poissonservice rate, single server, first in first out and finite queue
length
(D) None of the above
33. The ABC analysis in inventory management is carried out on the basis of :
(A) 60/30/10 rule (B) 80/20 rule
(C) 50/30/20 rule (D) None of the above
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34. The Binomial distribution with parameters nand p approaches Poisson distribution if:
(A) nislargeandp is small
(B) n is large and both p and q are not close to zero
(C) n is large and pis large
(D) n is small and p is small
35. The technique used to measure the degree of association between the two variables is
known as:
(A) Regression Analysis
(C) SkewTif<ss
(B) Dispersion
(D) Correlation Analysis
36. A and B play a game where each is asked to select a number from 1 to 25. If the two
numbers match, both of them win a prize. The probability that they will not win a
prize in a single trial is :
(A) 1/25 (B) 24/25 (C) 2/25 (D) NoTif<oftheabove
37. Analysis of Co-variance is used for :
(A) removing the effect of OTif< or more unwanted factors in an analysis of variance
(B) increasing precision in randomised experiments
(C) studying regression in a multiple classification
(D) all of the above
38. The growing popularity of relational DBJ.fS is due to :
(A) report writing
(C) better response time
(B) its menu drivenness
(D) query processing
39. Three numbers are selected at random without replacement from the set of the numbers
(1, 2, ......., N}. The conditional probability that the third numbers lies between the first
two numbers if the first number is known to be smaller than the second is :
(A) 1/6 (B) 1/3 (C) 1/2 (D) No"" of the above
40. Entry barriers for a company to enter an industry can occur due to :
(A) &anomies of scale
(C) Switching costs
(B) Product differentiation
(D) All the above
41. Which is not a support activity in a corporate value chain analysis ?
(A) HRM (Human Resource J.fanagement)
(B) Services
(C) Technology development
(D) Procurement
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42. In growth share matrix 'cash cow' indicates:
(A) High busilless growth- High market share
(B) High busilless growth- Low market share
(C) Low busilless growth- High market share
(D) Low busilless growth -Low market share
43. Principles of enterpreTif<urship may be applied to :
(A) Government (B) Busilless (C) Society (D) All of the above
44. The criteria for small busiTif<ss is :
(A) Capital invested
(C) Number of managers
(B) Number of employees
(D) Type of bus:irlf<ss
45. Which of the following Bank has been enbusted with the responsibility of developing
and supporting small busilless :
(A) NABARD (B) SIDBI (C) IDBI (D) None of these
46. Which of the following standardisation certificate is related to the protection of
environment ?
(A) ISO 2000 (B) ISO 9000 (C) ISO 14000 (D) None of these
47. 'Global Campact' is related to:
(A) Human rights
(C) Environment protection
(B) Social responsibility
(D) Women rights
48. Social responsibility is a responsibility towards :
(A) Employees (B) Government (C) Society (D) All of these
49. Combination of character and behaviour is known as:
(A) Teclmological ethics
(C) Value based ethics
(B) Ethico -moral ethics
(D) None of these
50. The most appropriate goal of corporate social responsibility is centred around :
(A) Philanthropic activities
(C) Ethical based activities
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(B) Voluntary activities
(D) U.galistic activities
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