MH SET 2011: 27 November, Paper II, Management
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Management
Paper II
Time Allowed : 75 Minutes] [Maximum Marks : 100
Note : This paper contains Fifty (50) multiple choice questions, each question
carrying Two (2) marks. All questions are compulsory.
1. In which market category is 3. New Economic Policy 1991 does not
resource mobility assumed ? cover :
(A) Monopoly. (A) Liberalisation measures
(B) Oligopoly. (B) Macroeconomic reforms
(C) Perfect competition. (C) Structural adjustments
(D) Monopolistic competition. (D) Agricultural reforms
2. Which of the following is not a fixed 4. If the demand for petrol remains
cost ? almost same even after increase in
(A) Payment of interest on petrol prices, it means petrol has :
borrowed capital. (A) Highly elastic demand
(B) Charges for fuel and electricity. (B) Unitary elastic demand
(C) Depreciation charges. (C) Relatively inelastic demand
(D) Contractual rent for equipment. (D) Infinitely inelastic demand
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5. Cost functions are derived functions. 7. The first stage of conflict resolution
is to :
They are derived from :
(A) Analyse the problem
(A) Demand functions
(B) Choose a solution
(B) Supply functions
(C) Think through possible
(C) Production functions
solutions
(D) Isoquant functions (D) Define the problem
6. Neo-Classical theory focusses 8. Autocratic leadership :
attention on : (A) requires task completion
(B) works with consensus of all
(A) Employees
(C) does not accept views and
(B) Management
suggestions of all
(C) Welfare of employees
(D) demands obedience from
(D) Bargainable employees authorities
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9. Mayo’s studies at the Hawthorne 11. Trade Union cannot represent
plant made valuable contributions
legally if it is :
about :
(A) not registered
(A) Formal Organisation
(B) not recognised
(B) Formal Work Group
(C) led by political leader
(C) Informal Organisation
(D) Formal Communication (D) working for multiple industries
10. One of the main purposes of 12. The doctrine of Management By
horizontal communication is :
Objectives is introduced by :
(A) Problem-Solving
(A) Peter Drucker
(B) Morale booster
(B) Elton Mayo
(C) Give feedback to the top
(C) Henri Fayol
(D) Provide job instructions and
information (D) D. McGregor
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13. Fair wage is defined as : 15. Labour Turnover is :
(A) Monthly wage paid with (A) The rate of change in the
Dearness Allowance working staff of a concern
during a definite period
(B) Wage that is lower than living
(B) Number of Employees joining
wage but more than minimum
the organization
wage
(C) Number of Employees promoted
(C) Wages paid with incentive
during a year
(D) Fair wage includes all
(D) Number of Employees
allowances
transferred to other departments
14. Self-assessment is a part of :
16. Which of the following is a non-DCF
(A) Interview followed by written technique :
test
(A) NPV
(B) Competency mapping
(B) IRR
(C) Induction (C) ARR
(D) Performance Appraisal System (D) PI
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17. The market price per share of 19. Poison pill is used in :
the firm having equity capital of (A) Hostile takeover
Rs. 1,00,000 (face value of Rs. 50 (B) Merger
per share); profit after taxes of (C) Amalgamation
Rs. 12,000 and P/E ratio of 5 will
(D) Restructuring
be :
20. A bond can be issued at a premium,
(A) Rs. 30 if :
(B) Rs. 250 (A) Coupon rate > required returns
(B) Coupon rate < required returns
(C) Rs. 60
(C) Coupon rate = required returns
(D) Rs. 20
(D) Face value > Rs. 100
18. The degree of operating leverage is
21. The DAGMAR Approach helps to :
a measure of :
(A) Decide on Product Features
(A) Financial risk
(B) Prepare Promotion Budget
(B) Business risk
(C) Create Marketing Messages
(C) Country risk
(D) Measure Advertising Effective-
(D) Systematic risk ness
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22. The ............................ is the central 24. Post purchase cognitive dissonance
instrument for directing and refers to :
coordinating the marketing effort. (A) Gap between expectations and
performance
(A) Tactical marketing plan
(B) Performance exceeding
(B) Mission statement
expectations
(C) Growth matrix
(C) Positive word of mouth
(D) Strategic marketing plan
(D) Repeat purchase behaviour
23. Which of the following is not a
25. Pricing objectives include all
characteristic of marketing audit ?
except :
(A) Concise
(A) Target Return
(B) Comprehensive (B) Temporary Discounts
(C) Independent (C) Unit Sales Growth
(D) Periodic (D) Meeting Competition
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26. Decision theory helps management 28. Work measurement techniques are
in :
used for :
(A) Analysing a problem
(A) Determining work content in a
(B) Deciding sequence of activities
job
(C) Selecting the most cost effective
alternative (B) Deciding efficiency of operation
(D) Postpone administrative action (C) Calculating cost of production
27. Sensitivity analysis is the technique
(D) Deciding shop layout
used for :
29. Which is the most inaccurate
(A) Judging the attitude of people
method of forecasting ?
(B) Estimating total variation in a
factor if one or more variables (A) Delphi method
are changed
(B) Market research
(C) Graphically monitor a trend
(C) Exponential smoothing
(D) Accuracy of a process of
production (D) Time series
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30. Most important characteristic of a 32. Which of the following distribution
good layout of facility is : can be used as an approximation to
Binomial probability distribution
(A) Visually attractive
under certain conditions :
(B) Smooth flow of work
(A) Normal Distribution
(C) Spaciousness
(B) Exponential Distribution
(D) Good ventilation
(C) Chi-square Distribution
31. Which of the following is the correct
(D) t-Distribution
sequence of information system
33. By using ogives we can graphically
evolution ?
find :
(A) EDP—DSS—EIS—MIS
(A) Mean
(B) EDP—EIS—MIS—DSS (B) Mode
(C) EDP—MIS—DSS—EIS (C) Median
(D) DSS—EIS—EDP—MIS (D) Standard Deviation
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34. Factor analysis is used for : 37. According to Ansoff, firms operate on
the two dimensions of :
(A) Data reduction
(A) New Products and New
(B) Data expansion
Function
(C) Data generalisation
(B) Vision and Mission
(D) Data specification
(C) Backward and Forward
35. Which one is a parametric test ?
Integration
(A) Chi-square test
(D) Vertical and Horizontal
(B) Mann-Whitney test Integration
(C) t-test 38. When the products tend to become
more like commodities and the
(D) Sign test
industry is dominated by a few large
36. Rivalry among the competing firms
firms, each of which struggles to
in an industry will not increase
differentiate its products from the
when :
competitors’, it is considered to be :
(A) Industry growth rate is slow
(A) Fragmented Industry
(B) Product differences are low (B) Segmented Industry
(C) Exit barriers are high (C) Consolidated Industry
(D) Switching costs are low (D) Evolving Industry
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39. The ‘Generic Competitive Strategies’ 41. .................................. is a critical
for outperforming other corporates
attribute of an entrepreneur.
in a particular industry has been
(A) Management Skills
proposed by :
(A) Ansoff (B) Awarness of Environment
(B) C.K. Prahlad
(C) Confidence
(C) David McLelland
(D) Risk-bearing Ability
(D) Michael Porter
42. The two broad business categories
40. Which of the following is the highest
of small and medium enterprises
decision-making authority in the
WTO ? are :
(A) General Council
(A) Manufacturing and Service
(B) Ministerial Conference
(B) Manufacturing and Processing
(C) DG Secretariat
(C) Manufacturing and Marketing
(D) The Council (Trade in Goods,
Trade in Services and IPRs) (D) Processing and Consulting
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43. Which of the following is not 45. ............................... is the nodal agency
the cause of sickness of an set up by Government of India
enterprise ?
for the development of small scale
(A) Lack of adequate capital sector.
(B) Lack of demand for the products
(A) NSIC
(C) Lack of raw material
(B) SIDO
(D) Government Support and
(C) DIC
Concessions
(D) SIDBI
44. According to Peter Drucker, which
46. The Kumar Mangalam Birla
of the following is the basic tool for
Committee was set up by :
an entrepreneur ?
(A) Government of India
(A) Searching for change
(B) Innovation (B) Reserve Bank of India
(C) Providing something of value (C) Planning Commission
(D) Exploiting opportunities (D) SEBI
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48. Abiding by Laws of the land and
47. The Clause 49 of the Listing
paying due taxes is part of CSR
Agreement is not applicable to : towards :
(A) Creditors
(A) All Listed entities having paid
(B) Government
up capital of Rs. 3 Crores and (C) Employees
above (D) Consumers
49. The view that management’s only
(B) Having Net worth of Rs. 25 social responsibility is to maximise
profits is referred in :
Crores or more at any time
(A) The classical view
(C) All Listed entities having paid (B) The socioeconomic view
up capital of Rs. 5 Crores and (C) The chapters view
(D) The prudent view
above and having Net worth of
50. A formal statement of an
over Rs. 50 Crores organisation’s primary values and
the ethical rules it expects its
(D) All Listed entities having paid employees to follow is called as :
up capital of Rs. 3 Crores and (A) Code of values
(B) Code of ethics
Net worth of Rs. 25 Crores or
(C) Code of clarity
more any time
(D) Code of basics
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ROUGH WORK
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ROUGH WORK
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Source: Savitribai Phule Pune University. Question paper published by Savitribai Phule Pune University.