1. Price elasticityof demand for luxury goods will be :
(A) Relatively elastic (B) Relatively inelastic
(C) Infinitely elastic (D) Infinitely inelastic
2. In the short run, profit maximisingfirm produces additional units of production, aslong as :
(A) Elasticity of demand is infinite
(B) Total revenueis increasing
(C) Price covers at least average fixed cost
(D) Additional revenue per unit exceeds additional cost per unit
3. In the typical demand schedule, quantitydemanded :
(A) varies directly with price (B) varies indirectlywith price
(C) varies inverselywith price (D) is independent of price
4. Shut down point is that point where price is :
(A) Less than variable cost (B) Equal to variable cost
(C) Equal to average cost (D) None of the above
5. Which is not an instrument of monitory policy ?
(A) Bank rate (B) Tax policy
(C) Reserve ratio (D) Buying/selling securities in open market
6. The assumption that conflict betweenthe organisation (if limited to the economiccontext only) leads to innovativeness and the new product development, technologicaladvancement and better services at low prices,refers to :
(A) Law of diminishing return (B) Cost reduction strategy
(C) Deflationary economy (D) Laissez-faire economy
7. Cognitive reorganisation and reinforcement takes place in which of the followingstages of adoption :
(A) Implementation (B) Proposal
(C) Deliberation (D) All of the above
8. Those functionsin an organisation, which are perceived to be directlycontributing to the organisation’s objectives, are known as :
(A) Staff function (B) Corporatefunction
(C) Integration function (D) Line function
9. The assumptions about human nature (i) work is inherently distasteful to most people (ii) most people would like to be directed,and (iii) most people have little or no creativity are propounded by :
(A) Hygiene Theory (B) Maslow’s Theory
(C) Theory X (D) Theory Y
10. Objectives of communication
(i) to seek compliance and ensure uniformity in action
(ii) to meet deadlinesand production targets
(iii) to disseminate information to a larger number of people, and
(iv) save cost in terms of time and money refers to :
(A) One-way communication (B) Two-way communication
(C) Grapevine (D) Non-verbalcommunication
11. Theprocess of establishing the value of jobs in a Job hierarchy, is known as :
(A) Job Analysis (B) Job Evaluation
(A) Job Analysis (B) Job Evaluation
(C) Job Requirement (D) Performance Evaluation
12. Standing Labour Conference (SLC) was constituted in line with the recommendations of Royal Commission on Labour in the year :
(A) 1942 (B) 1944 (C) 1946 (D) 1948
13. Theart of estimating a person’scharacter etc., from the handwriting, is known as :
(A) Physiognomy (B) Phrenology
(A) Physiognomy (B) Phrenology
(C) Numerology (D) Graphology
14. Which of the followingare not significant causal factorsfor grievances ?
(A) Wages, working conditions and supervision
(A) Wages, working conditions and supervision
(B) Management policies, practices and maladjustment of employees
(C) Both (A) and (B) above
(D) None of the above
15. The methodof management development which purports to develop awareness and sentiments to one’s own and others’ behavioural patterns, is known as :
(A) StructuredInsight (B) The syndicate system
(C) Business games (D) Sensitivity training
16. In capital lease depreciation is claimed by :
(A) Lessor (B) Lessee
(C) Both (D) None of the above
17. Corporate control is maintained intact by issuingshares through :
(A) Public offer (B) Rights issue
(A) Public offer (B) Rights issue
(C) Book building (D) None of the above
18. | Convertible bond is : | ||
(A) Debt+Warrant | (B) | Debt+Cash | |
(C) Debt+Share | (D) | None of the above | |
19. In a merger bargain, the exchange ratio is determined on the basis of :
(A) Potential of merging company
(B) Issued capitalof the two companies
(C) Market share
(D) Future value of companyto the acquirer
20. Corporate-Governance dealswith value creationfor :
(A) Corporate (B) Shareholders
(C) Stakeholders (D) None of the above
21. State which one is not a function of marketing :
(A) Identification of customers needs and wants
(B) Productplanning and development
(A) Identification of customers needs and wants
(B) Productplanning and development
(C) Guiding the funding agencies
(D) Communicating
22. “Marketing mayopia”is based upon :
(A) current productofferings (B) forecasting the future productoffering
(C) droppinga product (D) adding a product
23. Marketing information system is the system of information that flows to assist :
(A) Promotional programmes
(B) Sales personnels development
(C) Marketing planningand decision making
(D) Marketing-mix
24. SWOTanalysis is analyticaltool for having :
(A) Comperativeadvantage
(A) Comperativeadvantage
(B) Competitive advantage
(C) Comprehension of current overallsituation of a firm
(D) None of the above
25. Consumers are aware of damages caused by packaging, product process, so theyprefer :
(A) Social marketing concept (B) Green marketing concept
(C) Direct marketingconcept (D) Organic marketing concept
26. A L.P.P. will have an unbounded solutionif :
(A) The objectivefunction is non linear
(A) The objectivefunction is non linear
(B) If all the basic solutionsvanish
(C) If for atleast one j, for which yij≤0, Zj−Cj is negative
(D) If for all j, for which yij≤0, Zj−Cj is positive
27. Just-in-time inventory system implies :
(A) EOQ in purchase orders
(A) EOQ in purchase orders
(B) Production lots in manufacturing process
(C) Time lag in new material procurement
(D) Production quantities ideally equal to delivery quantities
28. The CriticalPath of a network is :
(A) for which earliest start time and latest start time are same
(B) the shortesttime path througha network
(C) for which earliest finish time and latest finish time are same
(D) the longest time path througha network
30. AQL (Acceptable Quality Level) is :
(A) Quality level acceptable in the society
(B) Fraction defective (f) that the user considers acceptable
(C) Fraction defective (f) that the producer considers acceptable
(D) Quality level acceptable in the industry
31. The two lines of regression are 3x+2y=26 and 6x+y=31 then the mean of X is :
(A) 3 (B) 4 (C) 7 (D) 9
(A) 3 (B) 4 (C) 7 (D) 9
32. A speaks the truth in 70 percent cases and B in 80 percent cases. The probability that they will contradict each other in describing a single event :
(A) 0.36 (B) 0.38 (C) 0.4 (D) .42
33. A maximumlikelihood estimator is always :
(A) consistent (B) unbiased (C) efficient (D) none of these
35. Growing popularity of DBMS is due to :
(A) User friendliness (B) Report writing
(C) Better responsetime (D) Query processing
36. Which of the followingterms is not a part of the BCG model ?
(A) Star (B) Cash cow (C) Cat (D) Dog
37. Thedimensions of Group Mapping are :
(A) Price versus Product-line breadth
(B) Priceversus Volume of production
(A) Price versus Product-line breadth
(B) Priceversus Volume of production
(C) Productioncapacity versus Cost of production
(D) Total demand versus Market share
38. Which of the followingis not an element of the Porter’sGeneric competitive strategy model ?
(A) Cost leadership (B) Focus
(C) Product Differentiation (D) Leadership
39. Market entry strategies vary from country to country because of :
(A) Varied political environment (B) Varied culturalenvironment
(C) Varied economic conditions (D) All of the above
40. | Policies of WTO are formulated by : | ||
(A) Heads of the member countries | (B) | Trading Blocks | |
(C) Ministerial conference | (D) | None of the above | |
41. Which is not a socio-economic rationale for promotingSSI in India
(A) Employment generation
(B) Export promotion
(C) Offering competition to large-scale industry
(D) Labour intensive
42. Which of the followingis not a part of incentives to SSI ?
(A) Subsidy to labour wages (B) Tax holidays
(A) Subsidy to labour wages (B) Tax holidays
(C) Lower interestrate (D) Interest subsidy
43. Theinterest rate for ‘bridge finance’is :
(A) lower than that of short-term loan
(B) equal to that of short-termloan
(A) lower than that of short-term loan
(B) equal to that of short-termloan
(C) higher than that of short-term loan
(D) nil
44. Which of the following organisations provide institutional support to SSI ?
(A) Indian Instituteof Foreign Trade (B) Tool Design Institute of SIDO
(C) Nationalized Banks (D) Ministry of Commerce
(C) Nationalized Banks (D) Ministry of Commerce
45. Technology Development and Modernization Fund is providedby :
(A) SIDBI (B) NABARD (C) KVIC (D) SIDO
46. “Ecology Paradigm”of management refers to :
(A) environmental management (B) stackholders’ management
(C) strategicchoice framework (D) none of the above
47. | Social responsibility is not : | ||
(A) Legal behaviour | (B) | Legal compliances | |
(C) Ethical compulsion | (D) | All of the above | |
48. Economic value added is the measure of :
(A) strategy evaluation (B) shareholders’ wealth
(C) stakeholders’ wealth (D) none of the above
49. | Egalitarian behaviour refers to : | ||
(A) natural behaviour | (B) | moral behaviour | |
(C) social behaviour | (D) | ethicalbehaviour | |
50. The processthrough which peopleare baptized to accept the tradition and maintain the homogeneity of ethos and behaviours is termed as :
(A) Induction (B) Orientation
(C) Acclimatisation (D) Socialization
