Test Paper

: II

Test Subject

: MANAGEMENT

Test Subject Code :

Test Booklet Serial No. : _______________________

OMR Sheet No. : _________________________________

K-1013

Roll No.
(Figures as per admission card)

Name & Signature of Invigilator/s

Signature: ____________________________________

Signature : ___________________________________

Name

Name

: ____________________________________

Time : 1 Hour 15 Minutes

Paper
: II
Subject : MANAGEMENT

Number of Pages in this Booklet : 16

1.
2.
3.

4.

9.

10.
11.
12.
13.

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Instructions for the Candidates

1. Write your roll number in the space provided on the top of this page.
2. This paper consists of fifty multiple-choice type of questions.
3. At the commencement of examination, the question booklet will
be given to you. In the first 5 minutes, you are requested to
open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the paper
seal on the edge of this cover page. Do not accept a booklet
without sticker-seal and do not accept an open booklet.
(ii) Tally the number of pages and number of questions
in the booklet with the information printed on the
cover page. Faulty booklets due to pages/questions
missing or duplicate or not in serial order or any
other discrepancy should be got replaced immediately
by a correct booklet from the invigilator within the
period of 5 minutes. Afterwards, neither the Question
Booklet will be replaced nor any extra time will be given.
4. Each item has four alternative responses marked (A), (B), (C)
and (D). You have to darken the oval as indicated below on the
correct response against each item.
Example :

where (C) is the correct response.

5. Your responses to the questions are to be indicated in the OMR

Sheet kept inside the Paper I Booklet only. If you mark at any
place other than in the ovals in the Answer Sheet, it will not be
evaluated.
6. Read the instructions given in OMR carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your name or put any mark on any part of the OMR
Answer Sheet, except for the space allotted for the relevant
entries, which may disclose your identity, you will render yourself
liable to disqualification.
9. You have to return the test OMR Answer Sheet to the invigilators
at the end of the examination compulsorily and must NOT
carry it with you outside the Examination Hall.
10. You can take away question booklet and carbon copy of OMR
Answer Sheet soon after the examination.
11. Use only Blue/Black Ball point pen.
12. Use of any calculator or log table etc., is prohibited.
13. There is no negative marks for incorrect answers.

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K-1013

Maximum Marks : 100

Number of Questions in this Booklet : 50

5. P I Pqr OMR E , P I
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: ___________________________________

.../P.T.O.

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Total Number of Pages : 16

O
II
W : D P
(50) I u WWw ,
Gv (2) APW . G W PvxX EP.
1.

D P X A W
h A HPP
AX ?

Jor B D PX PW
PR X ?
(A)

BP ac

(A)

(B)

r ac

(B)

(C)

a ac

(C)

P$ A

(D)

ac

(D)

W~ A

a c T
oW.

2. ________

3.

4.

5.

(A)

Gv Cp ac

(B)

Jor ac

(C)

hn

(D)

J Cp acX

J B aP
PX
w WP
wP | aPPR X ?
(A)

| q

(B)

HP q

(C)
(D)

Paper II

6.

D PX W
wP aP

b ?
(A)

D h gPR wP
bc

(B)

wP bc Pw
v

(C)

h v r
B wP Pw BW

(D)

W Ppr
B E wP hW

a b ?
(A)

(B)

HP

(C)

(D)

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*K1511*

Total Number of Pages : 16

MANAGEMENT
Paper II
Note :

This paper contains fifty (50) objective type questions. Each question carries
two (2) marks. All questions are compulsory.

1. Which of the following areas of economic

4. Business profit is equal to total revenue

minus

theory is the single most element of

managerial economics ?

(A) Economic costs

(A) Macro Economics

(B) Explicit costs

(B) Econometrics

(C) Implicit costs

(C) Micro Economics

(D) Managerial costs

(D) Mathematical Economics

5. Which of the following refers to a shift in

the demand curve ?

2. An isocost line will be shifted away from

(A) This new advertising campaign

the origin

should really increase our demand

(A) If the prices of both input increases

(B) Lets drop our price to increase our

demand

(B) If total cost increases

(C) We dare not raise our price

(C) If there is an advance in technology

because our demand will drop

(D) If the price of one of the input

(D) If new sellers enter the market, the

increases

demand for the product is bound to

increase

3. Average revenue curve of the firm is the

same as the demand curve of the

6. What is the key word in understanding

consumer except in the context of

organization structure ?

(A) Perfect competition

(A) Control

(B) Monopolistic competition

(B) Change

(C) Monopoly

(C) Process

(D) Discriminatory monopoly

(D) Delegation

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Paper II

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Total Number of Pages : 16

7. Concerning organizational cultures

10. Which of the following is true of managers

in relationship to conflict ?

(A) A strong culture is a more productive

environment

(A) Managers generally encourage low

(B) A weak culture is a more productive

levels of conflict because it

environment

improves performance, up to a

(C) The specific culture that contributes

certain point

to positive effectiveness is well

(B) Managers generally ignore conflict

known

(C) Managers attempt to eliminate

(D) The stronger the culture, the more

conflict because the organization

influential it is on employee

rewards them for keeping conflict

behaviour

out of their area of responsibility

(D) Managers show no consistent

8. Feeling arising out of an inadequate

definition of roles is known as

attitude towards conflict

(A) Role ambiguity

11. The most widespread reason why group

(B) Role conflict

members conform to norms is

(C) Role perception

(A) That compliance is necessary in

(D) Role expectation

order to receive rewards and avoid

punishment

9. Shared organizational values are

(B) The belief that the norm is the right

(A) Unconscious, affective desires or

wants

that

guide

way to do something, a belief that

societys

behaviour

leads to internalization of the norm

(B) Influenced by international values

(C) That norms are a very efficient form

(C) Different for the various components

of signalling behaviour

of a disease work force

(D) The belief that norms constitute part

(D) A myth
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of the individuals role set

5

Paper II

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Total Number of Pages : 16

16. Interest rate risk is a type of

12. Social loading is

(A) Credit risk

(A) The tendency for individuals to exert

less effort when they work in groups
as opposed to when they work for
themselves

(B) Market risk

(C) Operational risk (D) Money risk

17. Gross profit or gross loss is the difference

(B) The preference of individuals to

assign their work to other members
of the group

(A) Between cost of goods sold and

sale price of the goods sold
(B) Total amount of incomes and total
amount of expenditure

(C) The inclination groups have to

engage in simple, easy tasks

(C) Current assets and Current

liabilities

(D) The released and carefree

existence individuals in group enjoy

(D) Working capital and Fixed capital

13. The team job satisfaction refers to

18. The net working capital measures

(A) A collection of feeling that an

individual has towards his/her job
(B) The degree to which an individual
identifies himself/herself with the job

(A) Ability

(B) Liquidity

(C) Credibility

(D) Profitability

(C) The degree to which an individual

identifies himself/herself with the
organisation

19. The difference between actual price paid

for acquiring a company and the fair price
of its assets and liabilities is called

(D) A collection of feelings that an

individual has towards incentives

(A) Residual income (B) Goodwill

(C) NOPAT

14. Two-factor theory was propounded by

20. Select the incorrect statement.

(A) Fredrick Herzberg

(A) Operating leverage affects earnings

per share

(B) David Mc Clelland

(C) Mc Cardhy

(B) The point of intersection of EBITEPS lines is called indifference

point

(D) Philip Kotler

15. Grape-wine is the term used in relation to

(C) Financial leverage accelerates EPS

under favourable conditions

(A) Formal communication

(B) Informal communication

(D) Return on equity is obtained by

dividing profit after tax by value of
equity

(C) Horizontal communication

(D) Vertical communication
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(D) Networth

Paper II

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21.

W
BX WP g v
H PW ?
(A) gT B g
(B) P g
(C) WP g
(D) BvP g

22.

C E v WP
EPR wP CprW A H
PW ?
(A) PP wP
(B) AW wP
(C) Q~ wP
(D) A wP

23.

P PW Q
PvP C G h
v A D PX E
DvPWX ?
(A) Ppr Ww
(B) JX
(C) PprW
(D) A EPR JX

24.

Total Number of Pages : 16

A PprW EW
a D PX PR
J EOX ?
(A) Zq P|
(B) v P|
(C) Avx v P|
(D) v P|

26.

D PX qr W |
PWP PaOW O
P ?
(A) qr v
(B) wv a
(C) O
(D) Q

27. ________ W T | Q

JWv W WX.
(A) XP W
(B) i W
(C) W
(D) A W

28.

P 2P W WY T
AW ?
(A) Q
(B) gQ
(C) E P Q
(D) Q gQ

Paper II

25.

D PW Pv BRW Jor
W|or O J P/
?
(A) O
(B) JIT
(C)
(D)

BP
EX P|
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Total Number of Pages : 16

25. Introducing new products to existing

21. Segmentation of consumers based on

markets is an example of

factors like climatic conditions and

regions are known as

(A) Conglomerate diversification

(A) Demographic segmentation

(B) Vertical diversification

(B) Cultural segmentation

(C) Horizontal diversification

(C) Geographic segmentation

(D) Concentric diversification

(D) Administrative segmentation

26. From the below given list which is not
coming under the critical decisional

22. When consumers share a strong need

areas of operations management

that cannot be satisfied by an existing

product, it is called

(A) Scheduling

(A) Negative demand

(B) Demand forecasting

(B) Latent demand

(C) Location Analysis

(C) Declining demand

(D) Process design

(D) Irregular demand

27. are the sources of variations
that occur within a process that is in

23. When volvo runs ads suggesting that its

statistical control.

cars are the safest that money can buy, it

is trying to

(A) Natural variations

(A) Segment the market

(B) Assignable variations

(B) Provide a service

(C) Universal variations

(C) Enter a new market

(D) Dependent variations

(D) Position its product

28. From the given options which is not a
concept/technique in Total Quality

24. Kofler has defined 2 more Ps of

Management ?

marketing there are

(A) Power and place

(A) Continuous Improvement

(B) Political influence and place

(B) JIT

(C) Product strategy and power

(C) Internal Appraisal

(D) Power and political influence

(D) Employee Empowerment

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Paper II

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29.

Total Number of Pages : 16

E acW EW A EW
AWW WY PR A WW
| AQAW W v

H P ?
(A) AWw v
(B) vP v
(C) r v
(D) PP v

33.

30. ________

E J P
W P
Wv
|WX
G PvwX.
(A) PERT
(B)

(C) CPM
(D)
31.

32.

34.

bP
(A) bfP X X
(B)
W
WPR X
(C) W n T Pu 30 CP
(D) J W C
W W
W
A

35.

P
(A) &1 + 1 v CP
(B) PXP
(C) P
A MO P X
v
(D) +1 QR Pw CP

Paper II

10

J BR P 30 W
4 BRW
, PWX
A w B G W W
W E P .
A E W Pu 20 W
X W
O


?
(A)

(B)

(C)

~ O

(D)

~ O

O
.

________

(A)

vW

(B)

AQA

(C)

vW AQA Gv

(D)

PW AQA Gv
A

W hwW P $r W B
W,
| ________ AW.
(A)

(B)

g WOP

(C)

(D)

WOP
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Total Number of Pages : 16

29. An over-all schedule which points out

33. A multiple choice test has 30 questions.

weekly or monthly figures of production

There are 4 choices for each question. A

requirements of products or job lots to be

student who has not studied for the test

manufactured is called

decides to answer all questions randomly.

(A) Shop schedule

What type of probability distribution can

(B) Production schedule

be used to figure out his chance of getting

(C) Master schedule

atleast 20 questions right ?

(D) Functional schedule

(A) Binomial distribution

(B) Normal distribution

30. The main objective of is to

find out whether a job could be finished

(C) Standardized normal distribution

on a given date.
(A) PERT

(B) Simulation

(C) CPM

(D) Queuing

(D) Standardized distribution

34. Sampling distribution describe the
distribution of

31. In a binomial distribution

(A) The random variable X is constant

(A) Parameters

(B) The probability of success p is

(B) Statistics

stable from trial to trial

(C) Both parameters and statistics

(C) The number of trials n must be

(D) Neither parameters nor statistics

atleast 30
(D) The results of one trial are

35. If the pairs of subjects are judged on the

dependent on the results of the

basis of certain attributes, then the degree

other trials

of relationship is measured by
32. The covariance

(A) Pearsonian correlation

(A) Must be between 1 and +1

(B) Regression coefficient

(B) Must be positive

(C) Spearmans correlation

(C) Can be positive or negative

(D) Correlation coefficient

(D) Must be less than +1

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11

Paper II

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36.

J Zo P
W ,
(A) P K
(B) Zo X H v
G PvW w
(C) P g K
(D) CEO P

37.

J hWP HQP|
AwPW gW v A
E P
?
(A) v
(B) hWP
(C)
(D) hWP&

Total Number of Pages : 16

P , X AP
?
(A) E & i aP
(B) Ppr bP
(C) PWP ~W
(D) Q

40.

av (1990) AX A
hW P X B qW
S AWW J v ?
(A) | A
A
(B) P g
P P|
(C)

W W
P
P p r W W P
A P W A Q W W Y
P$X
(D) Ppr Ppr
W w qW
EP

41.

| W A S
______________ PRX
P.
(A) Zq
(B) PvP
(C) | W
(D)

42.

| W P W P P v W A
PPRX Ppr PvW
W WXorP, |
D AP
(A) W
(B) PP
(C) T
(D) Q W

38. BCG

39.

P Zo
PP AP ?
(A) P
(B) OP
(C) BP, OP
(D) OP

Paper II

12

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Total Number of Pages : 16

40. What does Chandler (1990) emphasize

36. To find out what an organizations

as important factors in operating

strategy is, you should

internationally or globally ?

(A) Read the mission statement

(A) Economies of scale and economies

(B) Look at what the organisation

of scope

actually does

(B) Strong strategic planning and

(C) Read the strategic plan

strategic positioning

(D) Ask the CEO

(C) Adjust to different national cultures

37. When a firm seeks the benefits of global

and be sensitive to the different

integration and local adaptation, it best

needs and desires of new

describes as which type of strategy ?

customers in new markets

(A) Transnational

(D) Retain strengths developed in the

(B) Global

home market when cross borders

(C) Multinational

into foreign markets

(D) Global-local

41. One of the most significant strengths of

small businesses is their ability to

38. In BCG matrix, what is the label of the

(A) Organise

horizontal axis ?
(A) Stage in product Life-cycle

(B) Innovate

(B) Market share

(C) Raise funds

(C) Industry growth rate

(D) Communicate

(D) Business strength

42. Small firms can target their efforts toward

a few key customers or on a precisely

39. By what means should an organization

defined market niche. This advantage of

measure its performance ?

small business is

(A) Efficiency

(A) Focus

(B) Effectiveness
(C) Economy,

efficiency

(B) Flexibility

and

(C) Reputation

effectiveness
(D) Efficiency and effectiveness
K-1013

(D) Hierarchical organizations

13

Paper II

*K1511*
43.

B
P
(A) J g
(B) J P
(C) |P
(D) PP v

44.

v v P |

A P EpW CPR P|
(A) |P P
(B) PprW P
(C) P
(D) P

45.

46.

Total Number of Pages : 16

EX g S
r$W _________ w G
JW
w.
(A) |P g
(B) J E O
(C) Ppr O
(D) h W J

P ________ X.
(A) W
(B) W~ A
(C) gXW W|orW
AWW
(D) PX q

Paper II

14

47.

D PX P G
WX ?
(A) X Zo
W W
A
W | or W WX
P o r
WX ?
(B) W X Q P
gW
JWW ?
(C) C O o r G
W v


v
X ?
(D) P X G
G W
X

48.

iP g vP ( )
(A) BP PP W
P|W
(B) W P
(C) J Q
(D) Por W

49.

P p
Bv
PW G SbwP D
PX AW ?
(A) W W bcP
(B) P
ZoP gW
vP
(C) P P PprW P
(D) (A) (B)

50.

Bv v QW A
G J P w W H
P ?
(A) E W (B) GP
(C) W (D)
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Total Number of Pages : 16

43. To start any business you must first have

47. Which of the following is one of the

question that can be used to determine
whether a decision is ethical ?
(A) Does my decision fall within the
accepted values or standards that
typically apply in the organisations
environment
(B) Would the people with whom I have
a significant personal relationship
approve of the decision
(C) Am I willing to see the decision
communicated to all the
stakeholders affected by it
(D) All of the above are questions that
can be used to determine whether
a decision is ethical

(A) A business plan

(B) An idea
(C) Financial resources
(D) Working capital
44. According to Dun and Barad street study
sickness in small business is caused by
(A) Lack of finance
(B) Lack of markets
(C) Lack of human resource
(D) Lack of management

48. Socially responsible behaviour

(A) Never leads to improved financial
performance
(B) Has
adverse
impact
on
stakeholders
(C) Is in a firms self interest
(D) Results in ill will from the community

45. Key features of a well written Business

Plan would include all of the following
except
(A) A financial plan
(B) A description of the product

49. Strong corporate governance procedures

are needed to ensure that
(A) Stock prices remain high
(B) Managers carryout business unit plans
(C) Managers adhere to ethical norms
(D) (A) and (B) of the above

(C) An analysis of the market

(D) A review of the advertising firms
analyzed
46. Ethical behaviour is a matter of

50. Accepted principles of right or wrong

governing the conduct of business people
are called
(A) Business values
(B) Business ethics
(C) Business principles
(D) Business conduct

(A) Obeying the rules

(B) Acting on a considered judgement
(C) Juggling standards and business
needs
(D) Acting legally

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Total Number of Pages : 16

b PRX
Space for Rough Work

Paper II

16

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