MANAGEMENT

PAPERII

Note : This paper contains fifty (50) multiple-choice questions, each question carrying two (2) marks. Attempt all of them.

1.

ISO cost line is also called as : (A) (C) Profit line Production line (B) Budget line

(D) Return line

2.

Quadratic cost function is written as : (A) (C) TC5a1bQ TC5a1bQ1cQ (B) (D) TC5a1bQ1Q2 TC5a1b1c

3. Transfer Pricing is referred to as :

(A) Price charged to a customer

(B) Price charged to different firms

(C) Price charged under intrafirm transfer of product

(D) Interfirm transfer price

4. Margin of safety is :

(A) (C) 5.

Above the Break even point Equals to Break even point

(B) (D)

Below the Break even point Not related to Break even point

Profit is maximised when : (A) MC5MR (B) MC>MR (C) MC<MR (D) MR MC

6.

What is the shape of short run average cost curve ? (A) L shape (B) U shape (C) Horizontal (D) Vertical

7. OB is concerned with study of :

(A) individuals, groups and organisation system

(B) individuals, groups and their institutions

(C) organisation, its roles and performance, and behaviour

(D) organisation, its environment, its strategies and performance

8. Instrumental values are :

(A) Hardworking, sincerity, rationality and self-discipline

(B) Free of conflict, quality, happiness and self-esteem

(C) Social recognition, contentment and harmony

(D) All the above

9. Emotional Intelligence includes :

(A) Self awareness, self management and self motivation

(B) Self awareness, self knowledge and self understanding

(C) Knowledge, belief, culture and perception

(D) All the above

10. Who propounded the Two - Factor Theory ?

(A) (C) 11.

Frederick Herberg J. S. Mill

(B) (D)

Mc Gregor Adam Smith

Who developed the Two-Dimensional Managerial Grid ? (A) (C) Blake and Mouton McCarthy (B) (D) Howthorne W. A. Taylor

12.

What is the most important attribute of an effective leader ? (A) Behaviour (B) Character (C) Drive (D) Influenc e

13.

Graphical representation of Manpower in the organisation is known as : (A) (C) Replacement chart Organisation structure (B) (D) Placement chart Manpower inventory

14.

The process of retaining suitable successors is called : (A) (C) Alternative staffing Position replacement (B) (D) Succession planning Promotion

15.

A systematic comparison done in order to determine the value of Job is called : (A) (C) Job upgradation Job Evaluation (B) (D) Job enrichment Job analysis

16. A wilful disobedience of authority is called : (A) (C) Insubordination Wilful disobedience (B) (D) Indiscipline Misconduct

17. What is the operative function of HRM ? (A) (C) Organising Controlling (B) (D) Directing Integrating

18. Interviews conducted for knowing why an employee is leaving the organisation is called : (A) (C) Exit Interview Termination interview (B) (D) Separation interview Retrenchment interview

19. Under profit-maximisation goal, which of the following decisions does not fall under the purview of financial management ? (A) (C) Investment Decision Dividend Decision (B) (D) Debt-Equity-mix Decision Capitalisation Decision

20.

Which of the following is not a determinant of dividend policy of the firm ? (A) (C) The employee efficiency The market rate of dividend (B) (D) The future financial needs The future profit projection of the firm

21. While computing the average cost of capital of the firm, the cost of which of the following sources of funds is considered almost equal to the cost of equity ? (A) (C) Preference capital Public deposits (B) (D) Retained earnings Loan from financial institutions

22.

Which global company has been recently acquired by Tata Steel ? (A) VSL (B) NUMUS (C) CORUS (D) BS L

23.

The Irrelevance Theory of dividend is also known as : (A) (C) Guthman Theory M. M. Theory (B) (D) W. B. Theory Vanhorne Theory

24. Capital budgeting is concerned with budgeting for : (A) (C) Capital income Capital gains (B) (D) Capital expenditure Revenue expenditure

25. Which of the following activates a consumer to accomplish his goal ? (A) Motivation (B) Perceptio n (C) Attitude (D) Behaviou r

26. Who is associated with the statement that marketing is the process of creation and delivery of standard of Living ? (A) (C) Mc Nair Kotler (B) (D) Mazur Peter Drucker

27.

What is the basis for segmenting vitamin market ? (A) (C) Age Gender (B) (D) Place of distribution Income status

28. Which concept of marketing maintains that the company aggressively promotes and pushes its products ? (A) 29. Marketing (B) Product (C) Production (D) Selling

Which of the following is the sole vehicle for creating and delivering customer value ? (A) (C) Marketing channel Marketing mix (B) (D) Marketing communication Marketing research

30.

Who is associated with concept of marketing myopia ? (A) Levitt (B) Drucker (C) Mc Cardhy (D) Kotler

31.

The responsibility of production manager is to take decisions relating to : (A) (C) System Design Inventory control (B) (D) System operation Quality control

32.

Product Mix includes : (A) (C) Product line Product Breadth (B) (D) Product Depth All the above

33. The objective of inventory control is :

(A) to produce required quality of produce

(B) to produce required quantity of produce

(C) to minimise the cost

(D) all the above

34. Who introduced the concept of time and motion study ?

(A) (C)

Henry Fayol R Likert

(B) (D)

Peter Drucker F W Taylor

35. The pessimistic time estimate is :

(A) the maximum time to be taken in the accomplishment of goal ;

(B) the minimum time to be taken in the accomplishment of goal ;

(C) the total time estimate of the critical path

(D) none of the above

36. An unbiased coin is tossed thrice. If it is given that its first two tosses show head then the probability that the third toss shows a tail is : (A) 1/5 (B) 1/3 (C) 1/2 (D) 1/9

37. If a random variable X follows Poisson Distribution such that P(X51)5 P(X52) then the

mean of the distribution is : (A) 1

(B) 2

(C)

(D)

38.

The point of influxion of Normal curve are :

2 (A) m6s (B) m62s (C) m63s (D) m63 s

39. For an estimator to be most efficient it must be :

(A) a sufficient estimator

(B) its sampling variance is less than any other consistent estimator

(C) its sampling variance is greater than any other consistent estimator

(D) both (A) and (B)

40. A source programme is :

(A) a programme written in machine language

(B) a programme to be translated into machine language

(C) the machine language translation of a programme written in high level language

(D) none of the above

41. Which one of the following is the corporate Business portfolio analysis Technique ?

(A) (C)

Product Portfolio Analysis Environmental Analysis

(B) (D)

Ansoff Matrix BCG Matrix

42. Under which stage of the industry life cycle, entry barriers increase and threat of potential competitors decrease : (A) (C) Beginning stage Mature stage (B) (D) Growing stage Declining stage

43.

Which of the following is a short-term strategy for a firm ? (A) (C) Business strategy Functional strategy (B) (D) Annual objectives None of the above

44. Which of the following terms best explains the partnership between two or more firms to carry out a specific project in a selected area of business ?

(A) (C)

Joint Venture Cartel

(B) (D)

Merger and Acquisition None of the above

45.

Who is the author of the book Innovation and Entrepreneurship ?

(A) (C)

Philip Kotler C. K. Prahalada

(B) (D)

Michael E. Porter Peter Drucker

46. SEZ stands for :

(A) Small Entrepreneurship Zone

(B) Special Entrepreneurship Zone

(C) Sick Economic Zone

(D) Special Economic Zone

47. Which one of the following is not the purpose of the promotion of small Business ?

(A) Generation of employment

(B) Balanced Regional Development

(C) Promotion of Communal Harmony

(D) Reduction in rural poverty

48. Social Responsibility of business refers to :

(A) Profit maximization of business

(B) Wealth maximization

(C) Concerns towards society and its needs

(D) Concerns towards shareholders interests

49. Value based organisations are :

(A) Profit - making units

(B) Wealth maximisation units

(C) Organisation that adds value to the products

(D) Organisation practising values

50. Which of the following practice is unethical ?

(A) (C)

Profitability Customer concerns

(B) (D) -oOo-

Profiteering Sales promotion