TS SET 2012: Paper II, Management
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Test Paper : II Test Booklet Serial No. : ______________________
OMR Sheet No. : ________________________________
Test Subject : MANAGEMENT
Hall Ticket No.
Test Subject Code : A-11-02
(Figures as per admission card)
Name & Signature of Invigilator
Name : ____________________________________ Signature : ___________________________________
Paper : II
Subject : MANAGEMENT
Time : 1 Hour 15 Minutes Maximum Marks : 100
Number of Pages in this Booklet : 8 Number of Questions in this Booklet : 50
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MANAGEMENT
Paper – II
1. Product differentiation is a common feature 5. Select the correct chronological
of arrangement of the following ‘Acts’
(A) Perfect Competition 1. Minimum Wages Act
(B) Monopoly 2. Workmen’s Compensation Act
3. Employee Provident Fund Act
(C) Monopolistic Competition
4. Payment of Wages Act
(D) Oligopoly (A) 4,3,2,1 (B) 1,4,3,2
2. In Growth Share Matrix Question Mark (C) 2,4,1,3 (D) 2,4,3,1
indicates 6. Who is a Merchant Middleman?
(A) High Business Growth-High Market (A) Stock Broker
Share (B) Commission Agent
(C) Retailer
(B) High Business Growth-Low Market
(D) Selling Agent of a Company
Share
(C) Low Business Growth-High Market 7. Which of the following is alternatively
called Corporate Venturing?
Share
(A) Entrepreneurship
(D) Low Business Growth-Low Market (B) Intrapreneurship
Share (C) A new product start-up
3. The Basic objective of Financial (D) Venture Capital
Management is 8. The following Company is in the news for
(A) Maximisation of Profit violation of Corporate Governance
through fraudulent practices
(B) Maximisation of Shareholders
(A) Tata Chemicals Ltd.
Wealth (B) Reliance Industries Ltd.
(C) Ensuring Financial discipline in the (C) Hindustan Unilever Ltd.
organisation (D) Satyam Computers Ltd.
(D) None of the above 9. Different types of Probability Distribution
4. The EOQ inventory model attempts to include
1. Binomial distribution
minimize
2. Poisson distribution
(A) The number of items ordered 3. Normal distribution
(B) The number of orders placed 4. Exponential distribution
(C) The total inventory costs (A) 1 and 2 only (B) 1, 2 and 3 only
(D) The safety stock (C) 3 and 4 only (D) 1, 2, 3 and 4
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10. Organisational Behaviour is a 15. Which of the following is not the principle
(A) Function of its consequences of Trade Unionism ?
(B) Study of character of people (A) Unity is Strength
(C) Study of team behavior (B) Equal Pay for equal work
(C) Security of service
(D) Study of management behavior
(D) Right to lock out
11. Usually the demand for necessities is 16. Hypothesis is tested in the following
(A) Highly elastic research design
(B) Highly inelastic (A) Exploratory and Descriptive
(C) Slightly elastic (B) Descriptive and Causal
(D) Slightly inelastic (C) Causal and Exploratory
(D) Experimental and Exploratory
12. Match the following :
List – A List – B 17. Which one of the following is not the
reason for the sickness of Small
a. How do we succeed 1. Functional Strategy Enterprise?
in this business? (A) Lack of Working Capital
b. What Business should 2. Business Strategy (B) Lack of Market Demand
we be in? (C) Lack of Competition
(D) Lack of Raw Material
c. How does this unit 3. Corporate Strategy
contribute ? 18. The Social Responsibility of a Business
a b c is important to
(A) Owners and Investors
(A) 1 2 3
(B) Employees
(B) 3 2 1 (C) Government
(C) 1 3 2 (D) All the above
(D) 2 3 1
19. Read the following statements and select
13. A Bond can be issued at a premium, if the correct combination given thereunder:
(A) Coupon rate is greater than required Statement – 1 : Linear Programming is a
return mathematical function.
(B) Coupon rate is less than required Statement – 2 : Transportation model is
return one of the part of Linear
(C) Coupon rate is equal to required Programming.
return (A) Statement 1 is true but 2 is not true
(D) None of the above (B) Statements 1 and 2, both are true
(C) Statement 1 is not true but 2 is true
14. The objective of Operations Management (D) Both the statements 1 and 2 are not
is to enhance the performance of an true
organization in terms of its
20. Personality is determined by:
(A) Productivity
(A) Heredity
(B) Product quality (B) Environment
(C) Competitiveness (C) Situation
(D) Overall performance (D) All the three above.
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21. If total cost function of a firm : 24. The following is used for identifying the
TC=1050+10Q2+8Q, find the marginal total resources required for meeting
cost of the firm when the quantity produced customers’ requirements
is 15 units (A) Capacity Planning
(A) 105 (B) 225 (B) Process Planning
(C) 308 (D) 247 (C) Inventory Management
22. Match the following : (D) Master Production Schedule
List – 1 List – 2 25. What describes the tasks, duties and
(Types of Strategies) (Examples) responsibilities of a Job?
a. Retrenchment strategy 1. Reduction (A) Job Analysis
b. Combination strategy 2. Filled / used
(B) Job Enrichment
c. Stability strategy 3. Maintain present
(C) Job Description
course
d. Growth strategy 4. PLC (D) Job Empowerment
a b c d 26. Who defined Advertising as ‘Any paid form
(A) 1 2 3 4 of non-personal presentation and
(B) 4 2 1 3 promotion of ideas, goods and services by
(C) 1 4 3 2 an identified sponsor’ ?
(D) 3 1 2 4 (A) Philip Kotler
(B) Peter F. Drucker
23. Match the following :
(C) Mc Carthy
List – 1 List – 2
(D) American Marketing Association
a. Number of years required to 1. NPV
recover the initial outlay is 27. Dynamic process of creating incremental
determined by wealth by individuals who assume the
b. A method which uses 2. Pay Back period risks of equity, time and careers, to infuse
accounting information for resources with value for society is referred
evaluating proposed capital as
expenditure is (A) Business Plan
c. Theoretically correct 3. IRR (B) Venture Capital
technique for selection of (C) Business Opportunity
Investment project is (D) Entrepreneurship
d. A technique which ascertains 4. ARR
a discount rate that equates 28. ‘Ethics’ is derived from ‘Ethos’, a Latin
the aggregate present values word, which means
of net cash inflows with that of (A) Character (B) Responsibility
the aggregate present values of (C) Integrity (D) Morality
net cash outflows is 29. The regression lines cut each other at the
a b c d point of
(A) 1 3 4 2 (A) Average of X and Y
(B) 2 4 1 3 (B) Average of X only
(C) 1 2 4 3 (C) Average of Y only
(D) 3 4 2 1 (D) Median of X and Y
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30. Learning means 36. From the following, the 4 Ps of marketing
(A) Relatively permanent change in the coined originally are
behavior of people 1. Product
(B) Developing the skills
2. Price
(C) Improving the knowledge
(D) Changing the habits 3. Packaging
4. People
31. The average fixed cost curve of a firm is
5. Promotion
(A) parallel to the horizontal axis
(B) parallel to the vertical axis. 6. Place
(C) a ‘U’ shaped curve (A) 1, 2, 3 and 4 (B) 1,2, 5 and 6
(D) a downward sloping curve from left (C) 3,4,6 and 5 (D) 1, 2, 5 and 4
to right
37. Small sample means
32. The FOUR functions viz., R & D, (A) Less than 10 (B) Less than 15
Production, Marketing, Sales & Service,
through which Value addition occurs, are (C) Less than 20 (D) Less than 30
referred to as
38. Which of the following is not Goal Conflict ?
(A) Value added activities
(B) Value addition functions (A) Approach-Approach conflict
(C) Primary activities (B) Approach-Avoidance conflict
(D) Secondary activities (C) Avoidance-Avoidance conflict
(D) Role ambiguity
33. In terms of relative risk, which of the
following is true ? 39. ‘Irrelevance concept of dividend’ is
(A) Debt is risky for investors, while proposed by
equity is risky for firm
(B) Both debt and equity are risky for (A) Walter
investors (B) Gordon
(C) Both debt and equity are risky for firm (C) Modigliani and Miller
(D) Debt is risky for the firm, while equity (D) Laplace
is risky for investors
40. Total Float is
34. A Floor plan for determination and
arranging the desired machinery and (A) Lj – Ej – + (B) Ej – Ei – +
equipment of a Plant is referred to as (C) Lj – Ej (D) Ej – Li – +
(A) Plant Location
41. A system in which Unions and
(B) Plant Lay-Out
(C) Product Design Management negotiate with each other to
(D) Process Planning develop the work rules, under which Union
members will work for a stipulated period
35. Which of the following is not a method of of time, is referred to as
Performance Appraisal ?
o
(A) 360 Performance Appraisal (A) Man Power Planning
(B) Ranking Method (B) Career Planning
(C) Graphic Rating Scales Method (C) Collective Bargaining
(D) Man Power Planning (D) Training and Development
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42. Developing new products for new markets, 48. Read the following statements and select
is called correct answer
(A) Market Penetration Statement – 1 : Operations Research is
(B) Diversification useful for optimization of
(C) Product Development resources.
(D) Market Development
Statement – 2 : Operations Research
43. The term ‘Exchange Ratio’ is used in does not determine the
(A) Profitability Assessment optimum replacement
(B) Capital Structure policies.
(C) Mergers and Acquisitions (A) Statements 1 and 2 are true
(D) Leverages (B) Statement 1 is true but statement 2
44. Which of the following is a common cause is not true
of Machine Break down ? (C) Statement 1 is not true but statement
(A) Inadequate preventive maintenance 2 is true
(B) Dirt, Oil and Chemicals accumulation (D) Both statements 1 and 2 are not true
(C) Incorrect machine set-up 49. Match the following :
(D) All the above List – 1 List – 2
45. In the process of generating a Pool of (Marketing Variables) (Qualities)
qualified candidates for a particular Job, a. Product 1. Shape
the 1st step, the hiring process, is called b. Price 2. Advertising
(A) Induction c. Promotion 3. Discounts
(B) Selection d. Place 4. Layout of store
(C) Recruitment a b c d
(D) Training
(A) 1 2 3 4
46. FOB Pricing is
(A) Price skimming (B) 3 4 1 2
(B) Penetration pricing (C) 4 3 2 1
(C) Psychological pricing
(D) Pricing in international trade (D) 1 3 2 4
47. A transaction, where financial securities 50. The process of providing employees with
are issued against the cash flow specific skills or helping them correct
generated from a pool of assets is called deficiencies in their performance is called
(A) Securitization (A) Counselling
(B) Credit Default swaps (B) Motivation
(C) Credit Linked Notes (C) Recruitment and selection
(D) Total return swaps (D) Training
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Space for Rough Work
IIÎ 8 A-11-02Official key not published for this paper.
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Source: Telangana State Eligibility Test. Question paper published by Telangana State Eligibility Test.