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MH SET 2015: 6 September, Paper II, Management

  • Date: 6 September 2015
  • Paper code: AUG-51215
  • Language: Bilingual
  • 16 pages
MH SET 2015 question paper, 6 September 2015, Paper II, Management, page 1 of 16
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Test Booklet No.
                                                                                                                     F
                                                             MANAGEMENT
Signature and Name of Invigilator                                                                 Seat No.
1. (Signature) .........................................                                                   (In figures as in Admit Card)
      (Name) ................................................                     Seat No. ..............................................................
2. (Signature) .........................................                                                    (In words)

      (Name) ................................................                       OMR Sheet No.

AUG - 51215                                                                                          (To be filled by the Candidate)
Time Allowed : 1¼ Hours]                                                                              [Maximum Marks : 100
Number of Pages in this Booklet : 16                                                     Number of Questions in this Booklet : 50
                      Instructions for the Candidates
1.         Write your Seat No. and OMR Sheet No. in the space provided             1.
           on the top of this page.
2.         This paper consists of 50 objective type questions. Each question
           will carry two marks. All questions of Paper-II will be compulsory,     2.
           covering entire syllabus (including all electives, without options).
3.         At the commencement of examination, the question booklet
           will be given to the student. In the first 5 minutes, you are
           requested to open the booklet and compulsorily examine it as            3.
           follows :
           (i)      To have access to the Question Booklet, tear off the
                    paper seal on the edge of this cover page. Do not accept
                                                                                           (i)
                    a booklet without sticker-seal or open booklet.
           (ii)     Tally the number of pages and number of questions
                    in the booklet with the information printed on the                     (ii)
                    cover page. Faulty booklets due to missing pages/
                    questions or questions repeated or not in serial
                    o rder or any other discre pancy should not be
                    accepted and correct booklet should be obtained
                    from the invigilator within the period of 5 minutes.
                    Afterwards, neither the Question Booklet will be
                    replaced nor any extra time will be given. The same
                    may please be noted.
           (iii)    After this verification is over, the OMR Sheet Number
                    should be entered on this Test Booklet.                                (iii)
4.         Each question has four alternative responses marked (A), (B),
           (C) and (D). You have to darken the circle as indicated below on
           the correct response against each item.                                 4.                      (A), (B), (C)    (D)
           Example : where (C) is the correct response.

                              A        B                 D
                                                                                                     (C)
5.         Your responses to the items are to be indicated in the OMR
           Sheet given inside the Booklet only. If you mark at any place                                   A         B              D
           other than in the circle in the OMR Sheet, it will not be evaluated.
                                                                                   5.
6.         Read instructions given inside carefully.
7.         Rough Work is to be done at the end of this booklet.
8.         If you write your Name, Seat Number, Phone Number or put                6.
           any mark on any part of the OMR Sheet, except for the space             7.
           allotted for the relevant entries, which may disclose your              8.
           identity, or use abusive language or employ any other unfair
           means, you will render yourself liable to disqualification.
9.         You have to return original OMR Sheet to the invigilator at the
           end of the examination compulsorily and must not carry it with          9.
           you outside the Examination Hall. You are, however, allowed
           to carry the Test Booklet and duplicate copy of OMR Sheet on
           conclusion of examination.
10.        Use only Blue/Black Ball point pen.                                     10.
11.        Use of any calculator or log table, etc., is prohibited.                11.
12.        There is no negative marking for incorrect answers.                     12.
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AUG - 51215/II
                                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.   The term administered price was           3.   Huge Advertisement expenses are

     first introduced by :                          called :


     (A) Adam Smith                                 (A) Revenue Expenditure


     (B) Amartya Sen                                (B) Capital Expenditure


     (C) Keynes                                     (C) Deferred Revenue Expenditure


     (D) Alfred Marshal                             (D) Variable Expenditure


2.   When the initial price of a product       4.   Gross National Products less

     is high it is called :                         depreciation is called :


     (A) Skimming Price                             (A) Net National Product


     (B) Penetration Price                          (B) Gross Domestic Product


     (C) Transfer Price                             (C) Net Domestic Product


     (D) Predatory Price                            (D) Gross National Income

                                           3                                    [P.T.O.
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5.   The price is fixed by intersection of       8.   Match the following theories of
     demand and supply curves in :                    attitude with its profounder and

     (A) Monopoly                                     choose the correct answer from the

     (B) Perfect competition                          codes given below :

     (C) Cartel                                       Theories                Profounders

     (D) Oligopoly                               (A) Cognitive          (1)    Festinger

6.   Exchange theory of Reward and                    Dissonance
     Outcome of group formation is
                                                      Theory
     profounded by :
                                                 (B) Reinforcement      (2)    Hovland
     (A) Homans
                                                      Theory
     (B) Thaibunt and Kelly
                                                 (C) Balance            (3)    Heider
     (C) Newcomb

     (D) Taylor                                       Theory

7.   The tendency of individuals is to           (D) Comprehensive      (4)    McGuire

     take less efforts when working                   Theory
     collectively than when working
                                                      Codes :
     individually is termed as :
                                                      (A) (A)–(1), (B)–(2), (C)–(3), (D)–(4)
     (A) Team Failure

     (B) Individual Stigma                            (B) (A)–(2), (B)–(3), (C)–(4), (D)–(1)

     (C) Social Failure                               (C) (A)–(3), (B)–(1), (C)–(4), (D)–(2)

     (D) Social Loafing                               (D) (A)–(4), (B)–(2), (C)–(1), (D)–(3)

                                             4
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                                              11. This is not the element of The Red
9.   In the Managerial Grid Theory of
                                                  Hot Stove Rule :
     leadership 9.1 grid represents :
                                                  (A) Burns Immediately

     (A) Country Club Management
                                                  (B) Provides Warning

     (B) Organizational Man Management            (C) Burns Impersonally

                                                  (D) Dismissal
     (C) Improvished Management
                                              12. Under the Workmen’s Compensation
     (D) Authority-Obedience Management           Act an employee who met with an

                                                  accident or had injury will be paid
10. Under the span of control concept
                                                  compensation according to principle
     Mr. V.A. Graicuna has given the
                                                  of :

     formula to calculate the number of           (A) Higher the age higher will be

     relationship is :                                   the compensation

                                                  (B) Lower the age higher will be the
     (A) N = n2[2n – 1 + (n + 1)]
                                                         compensation

     (B) N = 2n[(n + 1) + (n – 1)]                (C) Age has no relation with

                                                         compensation
     (C) N = n[2n – 1 + (n – 1)]
                                                  (D) Compensation will be based on
     (D) N = n/2[2n – 1 + (n – 1)]                       place of accident or injury

                                          5                                     [P.T.O.
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13. Central tendency and Hallow effect
                                               15. Social Insurance and Vocational
    errors occur while doing :
                                                   Training are ............................. types
    (A) Job evaluation
                                                   of welfare facilities.
    (B) Motivation

    (C) Performance appraisal                      (A) Intramural facilities

    (D) Negotiation
                                                   (B) Extramural facilities
14. The registrar of Unions can
                                                   (C) Basic facilities
    cancel the registration of the union

    when :
                                                   (D) Not required facilities

    (A) Union does not have any
                                               16. Cost of issuing new shares to the
        movable or immovable property

    (B) Union has rescinded any rule               public is known as :

        providing any matter, provision
                                                   (A) Cost of Equity
        for which is required by sec. 6

    (C) Union is not having any                    (B) Cost of Capital

        political connection
                                                   (C) Floatation Cost
    (D) Union does not experience trade

        union leader                               (D) Marginal Cost of Capital

                                           6
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17. Working Capital Turnover Ratio             20. Business risk can be measured
    may be classified as :
                                                   by :
    (A) Activity ratio
                                                   (A) Financial Leverage
    (B) Solvency ratio

                                                   (B) Operating Leverage
    (C) Profitability ratio

    (D) GP ratio                                   (C) Combined Leverage

18. Which of the following is not used
                                                   (D) Both (A) and (B)
    in Capital Budgeting ?
                                               21. Which of the following is not a valid
    (A) Time Value of Money
                                                   Experimental Research Design ?
    (B) Sensitivity Analysis

    (C) Net Assets Method                          (A) Before and After Research


    (D) Cash Flows                                        Design

19. Marginal cost of capital is the cost           (B) Before and After with Control
    of :
                                                          Group Research Design
    (A) Additional Sales
                                                   (C) After only with Control Group
    (B) Additional Funds
                                                          Research Design
    (C) Additional Interests

    (D) Additional Revenues                        (D) Before only Research Design

                                           7                                      [P.T.O.
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                                             24. If a questionnaire designer decides
22. The process of evaluating the
                                                 to use a scale that connects two
    attractiveness of different market           bipolar       words   wherein    the
                                                 respondent selects the point that
    segments and selecting segments              represents his or her opinion, the
                                                 designer is most likely using what
    to enter is :
                                                 is called :

    (A) Differentiation                          (A) A dichotomous question

                                                 (B) A multiple choice question
    (B) Mass marketing
                                                 (C) A Likert scale

                                                 (D) The semantic differential
    (C) Market targetting
                                             25. DAGMAR approach in advertising
    (D) Market segmentation                      is concerned with which of the
                                                 following :
23. When a marketer expresses his or             (A) It is an approach for identifying
                                                     the target buyers for company’s
    her vision of what the brand must
                                                     products
    be and do for consumers, they are            (B) It    is    an    approach   for
                                                     establishing        advertising
    expressing what is called :
                                                     budgets under competitive
                                                     situation
    (A) A brand mission
                                                 (C) It is a systematic approach for
    (B) A brand promise                              measuring consumer satisfaction

                                                 (D) It is an approach to target the
    (C) A brand equity                               advertising effort at a level
                                                     in consumer communication
    (D) A brand position                             hierarchy
                                         8
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26. Frank    and       Lilian   Gilbreth       28. Which of the following is not a

                                                   method/technique      of   Demand
    contributed in :

                                                   Forecasting ?
    (A) Work Study
                                                   (A) Moving Averages Method

    (B) Time Study
                                                   (B) Delphi Technique

    (C) Motion Study
                                                   (C) Trend Analysis Technique

    (D) Project Study                              (D) Simulation Method


27. Which of the following Quality             29. Which of the following concerns

                                                   making sound decisions under
    Control Charts is based on Poisson

                                                   conditions of certainty, risk and
    Distribution ?
                                                   uncertainty ?
    (A) X Mean Chart
                                                   (A) Decision Theory

    (B) p Chart
                                                   (B) Network Analysis

    (C) np Chart
                                                   (C) Game Theory


    (D) c Chart                                    (D) Blind Theory

                                           9                                   [P.T.O.
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30. Which technique is used in finding                    32. If H0 (Null Hypothesis) is rejected

    solution for optimizing a given                           when it is in fact true, we have :

    objective, such as profit maximization
                                                              (A) A Standard Error
    or cost minimization under certain
                                                              (B) A Type I Error
    constraints ?

                                                              (C) A Type II Error
    (A) Quailing Theory

                                                              (D) Is not a Type of Error
    (B) Waiting Line

                                                          33. In Chi-square test for independence
    (C) Both (A) and (B)

                                                              of variables, the degrees of freedom
    (D) Linear Programming
                                                              are .............................., where ‘m’ is the
31. In systematic sampling after a
                                                              number of rows and ‘ n ’ is the
    random start ‘K’, every ......................
                                                              number of columns.
    item is selected.

                                                              (A) (m × n)
    (A) K + 1

                                                              (B) (m × n) + 1
    (B) Kth


    (C) K – 1                                                 (C) (m × n) – n


    (D) K + 2                                                 (D) (m × n) – 1

                                                     10
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                                              36. In the case of Horizontal Integration
34. In MS project, task information is
                                                  Strategy, the firm does which one
    entered in which view ?
                                                  of the following :


    (A) Resource Sheet                            (A) The firm buys out its own

                                                       competitors at different levels of
    (B) PERT Chart
                                                       value addition but in non-

                                                       complementary product lines
    (C) Gantt Chart

                                                  (B) The firm buys out its own
    (D) Task Sheet
                                                       competitors at different levels

                                                       of   value      chain   but    in
35. Railway Reservation System is an
                                                       complementary product lines
    example of :
                                                  (C) The firm adds products which


    (A) MIS                                            are towards the source of raw

                                                       materials of production

    (B) TPS
                                                  (D) The firm buys out its own

                                                       competitors at the same level
    (C) DSS

                                                       of value chain as its original

    (D) ESS                                            business

                                         11                                      [P.T.O.
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37. Which of the following shows the               39. Which one of the following reflects

    highest level of internationalization ?            the strategy of adding new,


    (A) Internationalization at the level              unrelated products/services than


         of product                                    provided in present business

                                                       definition ?
    (B) Internationalization at the level

                                                       (A) Concentric Diversification
         of production

                                                       (B) Horizontal Diversification
    (C) Internationalization at the level

         of marketing                                  (C) Conglomerate Diversification


    (D) Internationalization at the level              (D) Product Development

         of consumer needs                         40. Which one of the following is not a

38. Which of the following cannot be the               force in Porter’s 5-forces Model ?

    dimensions of strategy ?                           (A) Threat of Substitute Products

    (A) Product Domain                                 (B) Threat of Bargaining Power of

    (B) Market Domain                                      Buyers


    (C) Supplier Domain                                (C) Segment Rivalry


    (D) Function Domain                                (D) Political forces

                                              12
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41. The Micro-small and Medium                     44. SIDO, which is a nodal agency
    Enterprise Development Act came
                                                       stands for :
    into existence in the year :

    (A) 2006                                           (A) Small and Medium Industries

    (B) 2007                                                Dept.     of   Government    of

    (C) 2008                                                Maharashtra

    (D) 2009                                           (B) Small Industries Development

42. The source “Unexpected” :                               Organisation

    (A) can be source of “Innovation”                  (C) Silk Industries Development
    (B) can be problem in “Innovation”                      Organisation
    (C) can be source of “Entrepreneurship”
                                                       (D) Sugar Industries Development
    (D) can be source of “Managing
                                                            Organisation
        Business”

43. The management leadership theory               45. Intrapreneurship is referred to as :

    having :
                                                       (A) Entrapreneurship within the
    (a) Exploitative autocrative style
                                                            organisation
    (b) Benevolent autocrative style
                                                       (B) Entrapreneurship by individual
    (c) Participative style
                                                            on his own
    were advocated by :
                                                       (C) Entrapreneurship promoted by
    (A) Rober House
                                                            Govt. agencies
    (B) Fideler

    (C) Blake and Mouton                               (D) Entrapreneurship promoted by

    (D) Rensis Likert                                       Private Industry

                                              13                                    [P.T.O.
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                                                  48. When companies use the courts or
46. When McDonald’s opposes an
                                                      lobby against legislation, which
    increase in the minimum wages,                    approach are they using to deal with
                                                      a stakeholder ?
    which stakeholders are they trying
                                                      (A) Confrontation strategy
    to influence ?
                                                      (B) Damage control strategy

    (A) Employees                                     (C) Accommodation strategy

                                                      (D) Proactive strategy
    (B) Government
                                                  49. Which of the following is not one of
                                                      the key ethical approaches to
    (C) Community
                                                      making business decisions ?

    (D) Social activist group                         (A) Utilitarianism

                                                      (B) Democratic approach
47. The duty, a company has to conduct
                                                      (C) Individualism
    its affairs ethically in a manner that
                                                      (D) Rights approach

    benefits both employees and larger            50. The Rainforest Action Network
                                                      (RAN) and People for Ethical
    society is known as :
                                                      Treatment of Animals (PETA) are
                                                      examples     of   which   type    of
    (A) Ethics
                                                      stakeholder group ?

    (B) A value statement                             (A) Employees

                                                      (B) Government
    (C) Profit maximisation
                                                      (C) Community
    (D) Social responsibility                         (D) Social Activist Groups
                                             14
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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.