MH SET 2013: 17 February, 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. During the 3rd stage of Law of 4. The root cause of the current
Variable Proportions : European Crisis is :
(A) MP is negative (A) Currency crisis
(B) AP is negative (B) Unsustainable Sovereign Debt
(C) AP is rising (C) Stagflation
(D) TP is constant (D) Overheatedness
2. A firm is a price takes under : 5. The Law of Demand does not
(A) Monopoly assume constancy of :
(A) Price of the concerned
(B) Duopoly
commodity
(C) Monopolistic competition
(B) Prices of other commodities
(D) Perfect competition
(C) Consumer’s income level
3. Which of the following is not one of
(D) Tastes and preferences
the six sectors considered by CSO
while computing National Income ? 6. ‘Hyrogliphs’ essentially is :
(A) Primary Sector (A) Picture language
(B) Social Sector (B) Script
(C) Foreign Sector (C) Notations
(D) Secondary Sector (D) Gestures
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7. What can drive conflict ? 10. Need for achievement theory was
(A) Environment putforth by :
(B) Goals (A) A.H. Maslow
(C) Unreasonable rules (B) F. Herzberg
(D) Angry people (C) D. McClelland
8. Downward communication means : (D) Clayton Alderfer
(A) Transmission of ideas or 11. Voluntary Retirement is operated as
information from executives to a part of :
the subordinates.
(A) Transfer and promotion policy
(B) Transmission of information
(B) Exit policy
from manager to manager.
(C) Deployment
(C) Transmission of ideas or
information from worker to (D) Lockout
worker. 12. Referal system in HRM relates to :
(D) Transmission of ideas or (A) Refering a supplier by another
information from worker to supplier
superior.
(B) Refering a consultant for
9. Morale largely depends on :
organisational development
(A) Physical well-being
(C) Refering a candidate for job by
(B) Monetary well-being existing employee
(C) Mental well-being (D) Refering a leader to lead
(D) Sociological well-being employees
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13. Principle of Natural Justice in 16. Market Model was proposed by :
Domestic Enquiry ensures :
(A) Harry Markowitz
(A) Justice in time
(B) P. Samuelson
(B) Justice through Advocate
(C) Philip Kotler
(C) Opportunity given to the
delique employee being heard (D) William Sharpe
(D) Payment of subsistance 17. If coupon rate = required rate, the
allowance
value of the bond would be equal to
14. Collective Bargaining is handled
its :
between :
(A) par value
(A) Employees and employees
(B) redumption value
(B) Employees and trade union
(C) Trade union and Advocate (C) issued value
(D) Employer and employees (D) YTM
15. Which of the following describes the 18. If r < k, the payout of dividend
process by which individuals come
should be 100% according to :
to agreement ?
(A) Modigliani-Miller
(A) Negotiation
(B) Walter
(B) Avoidance
(C) Accommodation (C) Du-Pont
(D) Fighting actively (D) Ezra Solomen
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19. Altman proposed a model of 22. AIDA Model is used mainly for :
predicting :
(A) Promotion Decision
(A) financial distress
(B) Product Decision
(B) market failure
(C) Pricing Decision
(C) high performance of firm
(D) Redressal of Grievances
(D) insolvency of the firm
23. The process of turning marketing
20. Present value of annuity is
strategies into specific day-to-day,
calculated by discounting it by :
month-to-month actions is called :
(A) Cost of capital
(A) Analysis
(B) IRR
(B) Implementation
(C) Zero coupon rate
(C) Planning
(D) YTM
(D) Control
21. According to Kotler, ........................ is
24. The first concept of marketing is :
the easiest marketing mix element
to adjust. (A) Selling Concept
(A) Price (B) Relationship Marketing
(B) Channel Concept
(C) Product features (C) Production Concept
(D) Promotion (D) Societal Marketing Concept
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25. Which of the following is an example 28. Product mix is done on a single
of impulse buying ? assembly line for the purpose of :
(A) Buying mutual funds (A) reducing WIP inventory
(B) Buying ice-creams (B) meeting varied choice of
customers
(C) Buying a car
(C) levelling workload and reducing
(D) Buying a house
idle time
26. Negative inventory means :
(D) reduce cost per unit
(A) excess stock of materials
29. Basis for production, planning and
(B) material in transit control is :
(C) no. of units we owe to (A) Accurate demand estimate
customers
(B) Capacity installed
(D) no. of defectives (C) Need to beat competition
27. Statistical methods of quality (D) Finance available
control can :
30. Operations Management will never
(A) help to decide number of be successful if they ignore :
defectives (A) Govt. Rules
(B) prevent defects in products (B) Latest Technology
(C) improve customer satisfaction (C) Demand Pattern
(D) determine process capability (D) Quality of Goods
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31. Which of the following is known as 33. While editing the completed
questionnaires the researcher does
‘Information Superhighway’ ?
not check for :
(A) Intra-net
(A) Consistency
(B) Extra-net (B) Accuracy
(C) i-pad II (C) Homogeneity
(D) Brevity
(D) Internet
34. Alternate Hypothesis for H0 : µ ≤ 50
32. Power of a hypothesis test
is :
indicates : (A) H1 : µ ≥ 50
(A) How fast the hypothesis gives (B) H1 : µ = 50
answer (C) H1 : µ > 50
(D) H1 : µ ≠ 50
(B) How well the hypothesis is
35. Which of the following is not a
stated
qualitative research technique ?
(C) Probability of rejecting null
(A) Focus group
hypothesis when it is false
(B) Survey technique
(D) Probability of accepting null (C) Depth interview
hypothesis when it is true (D) Word association
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36. Who of the following was 38. Which of the following data is not
instrumental in developing a required for competition analysis ?
framework for classifying countries
(A) Recorded data
based on the work-related values
(Dimensions of Culture) that (B) Observable data
predominate in respective countries, (C) Opportunistic data
globally ?
(D) In-House data
(A) W. Chan Kim
39. Which of the following is the
(B) Renee Monborgue
correct sequence for strategy
(C) G. Hofstede
formulation ?
(D) C.K. Prahlad
(A) Mission → Objective →
37. Relying on the typology suggested
Strategy → Policy
by Michael Porter, business
(B) Strategy → Vision → Mission
strategies could be classified into
3 types. Which of the following does → Budget
not fit into their classification ? (C) Vision → Mission →
(A) Cost leadership Environmental Analysis →
(B) Focus Budget
(C) Industry Attractiveness (D) Vision → Mission → Strategy
(D) Differentiation → Budget
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40. A survey of nearly 50 corporations 42. Who is the author of the book
in a variety of countries and ‘Innovation and Entrepreneurship’ ?
industries found 3 most highly rated (A) Philip Kotler
benefits of strategic management.
(B) Michael Porter
Which of the following is not of those
(C) Peter Drucker
3 benefits ?
(D) C.K. Prahlad
(A) Clearer sense of strategic vision
for the firm 43. Which of the following is not one of
the four elements in innovation
(B) Internationalisation of strategy,
process ?
vision and mission
(A) New Knowledge Creation
(C) Sharper focus on what is
strategically important (B) Commercial Application
(C) Organising Resources
(D) Improved understanding of a
rapidly changing environment (D) Analytical Planning
41. ............................ is the non-traditional 44. Which of the following is not a phase
source of finance for entrepreneurs. in business plan preparation ?
(A) Bank Loan (A) Setting business goals
(B) Venture Capital (B) Locating Resources
(C) Friends and Relatives (C) Analysing Competitions
(D) SIDBI (D) Developing the labour market
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45. The entrepreneurial activity is most 48. Which of the following key force
prevalent in : influences a person’s ethics ?
(A) United States (A) Nationality
(B) Japan (B) Education
(C) Family influences
(C) Germany
(D) Relationship of the firm to the
(D) Great Britain
employee
46. The elements of good corporate
49. A personality measure of the
governance in India have been laid
strength of a person’s convictions
down by :
is :
(A) ICSI
(A) locus of control
(B) IOD
(B) locus of value
(C) ICWAI
(C) ego strength
(D) ICAI
(D) bench strength
47. Which of the following is not a
50. Greed is the cornerstone of human
stakeholder in the CSR ?
values under :
(A) Creditors (A) Socialism
(B) Environment (B) Capitalism
(C) Government (C) Mixed economy
(D) SEBI (D) Racialism
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ROUGH WORK
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Official key not published for this paper.
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Source: Savitribai Phule Pune University. Question paper published by Savitribai Phule Pune University.