MH SET 2013: 1 December, 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 carries
Two (2) marks. Attempt All questions.
1. If the demand for a good is unit 4. Which parameters are important in
Phillips curve analysis ?
elastic, the coefficient of elasticity of
demand would be ........................... . (A) Inflation and money supply
(A) Zero (B) Inflation and unemployment
(B) One (C) Consumption and savings
(C) Infinity (D) Saving and investment
5. (i) Agricultural income tax in
(D) Less than zero
India is levied by the Union
2. The effect of imports on the circular
Government.
flow of income depends on :
(ii) Entertainment tax is levied by
(A) Outflow of income the State Governments
(B) Inflow of income What can you say about these
(C) Composition of imports statements ?
(D) Quality of imports (A) Both the statements are correct
3. The NNP is defined as : (B) Both the statements are
incorrect
(A) GNP + taxes
(C) Statement No (i) is correct and
(B) GNP + depreciation
Statement No (ii) is incorrect
(C) GNP – depreciation
(D) Statement No (i) is incorrect
(D) GNP + taxes – subsidies and statement No. (ii) is correct
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6. Which of the following has 9. Managerial Grid theory was
overlooked the significance of advocated by :
interpersonal behaviour in work (A) Robert House
settings ? (B) Blake and Mouton
(A) Industrial Psychology (C) Hersey Blanchard
(B) Human Relations (D) Fielder
10. Which of the following assumes that
(C) Scientific Management
effective communication forms an
(D) Modern Management
intrinsic factor of effective work and
7. Perceptual organisation is efficient problem solving ?
determined by : (A) Persuasion approach
(A) Functional factors (B) Innovative and creative
approach
(B) Mental set
(C) Problem solving approach
(C) Physiological factors
(D) Communication event approach
(D) Attitudinal factors
11. Which of the following is not usually
8. Job involvement is a type of : a group incentive plan ?
(A) Belief (A) Halsey incentive plan
(B) Value (B) Priestman bonus plan
(C) Attachment (C) Rucker incentive plan
(D) Towre’s incentive plan
(D) Attitude
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12. Subsistence allowance is paid to 15. The advantages of employing
employee when he/she is : various methods of job analysis
is :
(A) Suspended pending enquiry
(A) Cost
(B) Retrenched
(B) Accuracy
(C) Dismissed
(C) Complexity
(D) Superannuated (D) Participation by job
13. TAT stands for : incumbments and managers
16. Conflicts of interest among
(A) Training Analysis Test
stockholders, bondholders and
(B) Thematic Appreciation Test
managers is known as :
(C) Thematic Application Test (A) Stockholder problem
(D) Thematic Apperception Test (B) Bondholder problem
14. Appointment of welfare officer under (C) Managerial problem
Factories Act, 1948 is compulsory (D) Agency problem
where ................... employees are 17. When one divides “Riskless cash
employed. flows” by “Risky cash flows”, the
result is :
(A) 50
(A) Risk adjusted discount rate
(B) 500
(B) Certainty equivalent coefficient
(C) 1000
(C) Coefficient of variation
(D) 100
(D) Sensitivity coefficient
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18. 15% Rs. 200 face value debenture 21. Which of the following statements
is currently selling for Rs. 220, the reflect the “Marketing Concept”
annual current yield would be Philosophy ?
................. .
(A) “You will not find a better deal
(A) 15% anywhere else”
(B) 13.64% (B) “Our organization does not
(C) 14.63% have a marketing department,
we have a customer
(D) 16%
department”
19. CAPM is used to calculate
................. . (C) “We are in the business of
making and selling superior
(A) Cost of debt capital
products”
(B) Cost of index capital
(D) “In case of choice between profits
(C) Cost of equity capital
and customer needs, profits will
(D) Cost of preference capital always win out”
20. Restructuring which refers to the 22. ‘Circle,’ ‘wedge’, ‘clover leaf’ in sales
changes in ownership, business mix,
are :
assets mix and alliances with a view
(A) General shapes of sales
to enhance the shareholder’s value
territories
is ..................... .
(A) Business Restructuring (B) Types of sales quota
(B) Asset Restructuring (C) Awards given to sales people to
motivate them
(C) Ownership Restructuring
(D) Control techniques used in sales
(D) Corporate Restructuring
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23. Bundling has proliferated in the 25. The total combined customer life-
services sector primarily because time values of all company’s current
and potential customers is known
of :
as :
(i) High fixed to variable cost ratio
(A) Customer value
(ii) Low fixed to variable cost ratio
(B) Customer equity
(iii) High level of interdependent
(C) Customer lifetime value
demand
(D) Customer gross value
The answer is :
26. Moving from the aggregate plan to
(A) (i) and (ii) are correct a master production schedule
requires :
(B) (i), (ii) and (iii) are correct
(A) Rough cut capacity planning
(C) (i) and (iii) are correct
(B) Sub-optimization
(D) (ii) and (iii) are correct
(C) Disaggregation
24. When we are seeking opinion from
(D) Strategy formulation
experienced executive members for
27. What type of control chart is used
forecasting demand we are using
to monitor the number of defects per
........................... . unit ?
(A) Delphi techniques (A) P-chart
(B) Time series analysis (B) R-chart
(C) Extrapolation method (C) C-chart
(D) X-bar chart
(D) Retail simulation
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28. While solving LPP through simplex 30. Which of the following is a decision
method, if an artificial variable making criterion that is used
for decision-making under
remains in the solution with a
risk ?
positive value after the optimal (A) Expected monetary value
solution has been obtained, the criterion
problem : (B) Hurwicz criterion (of realism)
(C) Optimistic (maximax) criterion
(A) is infeasible
(D) Equally likely criterion
(B) is optimal
31. What is the probability value of
(C) needs a new basis having 4 heads in 10 tosses of a fair
coin ?
(D) has more than one solution
(A) 0.621
29. A project has three paths : (B) 0.205
A-B-C has a length of 25 days (C) 0.815
(D) 0.935
A-D-C has a length of 15 days
32. In cluster sampling, clusters are :
A-E-C has a length of 20 days
(A) Heterogeneous among
Which of the following statements themselves
is correct ? (B) Homogeneous within
themselves
(A) A-D-C is the critical path
(C) Heterogeneous within
(B) A-B-C has the most slack themselves and Homogeneous
among themselves
(C) The project duration is 25 days
(D) Homogeneous within
(D) The project duration is 20 days themselves and Heterogeneous
among themselves
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33. Z-test is used as a hypothesis testing 36. In BCG matrix what is the label of
technique when : the horizontal axis ?
(A) Sample size is small (A) Relative market share
(B) Standard deviation is unknown (B) Business strength
(C) Sample size is large but (C) Industry growth rate
standard deviation is unknown
(D) Market growth rate
(D) Both (A) and (B)
37. The strategy that involves
34. A network uses a star topology if : concentrating on consumer or
(A) Computers are arranged in a end use applications that major
closed loop firms have neglected refers
(B) All computers are connected to to .................. .
a central point (A) Vacant niche strategy
(C) All computers are attached to (B) Specialist strategy
a single long cable
(C) Content follow strategy
(D) All computers are attached to
(D) Distinctive image strategy
multiple hierarchical cables
38. The three hardware areas in the
35. Which of the following is an example
McKinsey’s 7S framework are :
of Transaction Processing System
(TPS) ? (A) Staff, skills and style
(A) Business Forecasting System (B) Strategy, structure and systems
(B) Railway Reservation System (C) Staff, skills and systems
(C) Office Automation System (D) Skills, strategy and shared
(D) Executive Information System values
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39. Environmental and organisational 41. An important pitfall encountered in
appraisal are carried out in the stage the process of selecting a new
of : venture is :
(A) Awareness of legal issues
(A) Strategy evaluation
(B) Real insight into the market
(B) Strategy formulation
(C) Non-real insight into the
(C) Strategy implementation market
(D) Adequate understanding of
(D) Strategy control
technical requirements
40. The sequence of activities 42. ....................... is a mental image of a
representing the strategy process is : possible and desirable future state
of an organization.
(A) Strategic analysis, strategy
(A) Vision
selection, strategy
(B) Traits
implementation strategic
(C) Power
control
(D) Leadership
(B) Select strategy, generate 43. According to RBI, a small scale unit
is considered sick, if it has incurred
options, analyse strategy,
cash loss in the previous accounting
implement strategy year and is likely to continue to incur
cash loss to the extent of ...............
(C) Deliberate strategy, analyse,
of its net worth.
choose, implement
(A) 100%
(D) Appraisal of strength and (B) 75%
weakness, choice of strategy, (C) 60%
implementation, feedback (D) 50%
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44. In entrepreneurial training 48. What occurs when an employee
programmes Japanese industrialists
lay emphasis on ..................... . exposes an employer’s wrong doing
(A) Technological upgradation to outsiders ?
(B) Formal training (A) Fraud
(C) On the job training
(B) Whistle blowing
(D) Informal training
(C) Plagiarism
45. A desire to affect the behaviour of
other individuals and to control and (D) Mayhem
manipulate the surroundings refers
to : 49. ‘Desirable corporate governance : A
(A) nAch code’ was released in :
(B) nPow
(A) March 1982
(C) nAff
(B) April 1995
(D) nAct
46. Most companies begin the process of (C) March 1980
establishing organisational ethics
programmes by developing : (D) April 1998
(A) Ethics training programmes 50. The word ‘Triple Bottom line’
(B) Ethics enforcement mechanisms involves :
(C) Code of conduct
(A) Revenue, legal, ethical reporting
(D) Mandatory disclosure
(B) Financial, Social,
47. OECD is :
Environmental Corporate
(A) Organisation for Economic
Cooperation and Development reporting
(B) Organised Economic and (C) Environmental, Moral, Profit
Corporate Development
reporting
(C) Organisation for Ecological
Cooperation and Development (D) Financial, Social, Ethical
(D) Organised Ethical and Corporate reporting
Corporate Discussion
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ROUGH WORK
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Source: Savitribai Phule Pune University. Question paper published by Savitribai Phule Pune University.