1. Which one of the following assumptions is not related to consumer behaviour based on the cardinal utility approach

Rationality

Diminishing marginal utility of money

Utility cardinally measurable

Maximization of satisfaction with limited money income
2.
Statement I A rectangular hyperbola shaped demand curve has uniform slopes on all its points.

Statement II If the price elasticity is equal to unity, the marginal revenue corresponds to zero. Code

Both the statements are correct

Both the statements are incorrect

Statement I is correct while Statement II is incorrect

Statement I is incorrect while Statement II is correct

3. Match the items of List I with the items of List II and find the correct combination

List I (Market Structure) List II (Nature of industry where prevalent)

Perfect competition Aluminium and passenger cars
Oligopoly Public utilities like Telephones and Electricity
Monopoly Manufacturing T.V. Sets, Refrigerators
Monopolistic competition Farm Products Grains

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4.
Statement I In general, the NPV and IRR methods lead to the same acceptance or rejection decision when a single project is involved.

Statement II The inconsistency in ranking of competing projects as per the NPV and IRR methods lies in the implicit assumptions with regard to different rates of returns on re-investment of intermediate cash flows.

Code

Both statements are correct

Both statements are incorrect

Statement I is correct while Statement II is incorrect

Statement I is incorrect while Statement II is correct

5. Which one of the following is not covered in macro-economics

Performance of the entire economy

Price and output determination of a commodity

Factors and forces of economic fluctuations

Monetary and fiscal policies

6. Match the below mentioned aspects with their main behavioural disciplines Aspects Behavioural discipline

Leadership and stress management Psychology
Group conflict management Anthropology
Cross-cultural analysis Sociology and Psychology
Power Political science

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7. The operant conditioning or learning approach to behaviour is based on .

Law of reinforcement

Law of effect

Law of reproduction

Law of expectations

8. The principles by which the process of perceptual organization works was first identified by Max Wertheimer in the year .

1918

1933

1924

1923

9. The leadership theory of describes that effective group performance depends on the proper match between the leader's style if interacting with his subordinates and the degree to which the situation gives control and influence to the leader.

'Iowa State Leadership Studies'; Ronald Lippitt and Ralph K. White

'Managerial Blake and Mouton

'Trait Theory'; Stodgill and Barnard

'Contingency Model'; Fred Fiedler

10. When one individual or group wins at the expense of another individual or group, it is termed as .

Zero-sum conflict

Non-zero sum conflict

Line-staff conflict

Formal-informal conflict

11. Which one of the following statements is not true in the case of Human Resource Management

It performs developmental function

Employees are motivated by salary

It is proactive in nature

It consists of various sub-systems

12. Match the items given in the List I and List II and choose the correct option

List I List II
Personnel replacement chart A chart prepared for each position in a company to show possible replacement candidates and their qualifications
Job posting The ongoing process of systematically identifying, assessing and developing organizational leadership to enhance performance
Succession planning Company records showing present performance and promotability of inside candidates for the most important positions
Position replacement card Publicizing an open job to employees and listing its attributes, like qualifications, supervisor, working schedule, etc.

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13. Which one of the following training methods is not a managerial 'on-the-job training method'

Coaching

Action Learning

Job Rotation

Management Games

14. to deal with employee indiscipline provides the offender every opportunity to state his side of the case.

Punitive approach

HRD approach

Humanistic approach

Judicial approach

15. Which one of the following is a disadvantage of Critical Incident Method as a tool of performance appraisal

Difficult to rate or rank employees relative to one another

Time consuming

Can cause disagreements among employees and may be unfair if all employees are, in fact, excellent

Employee's appraisal results depend on employer's choice of cut-off points

16. If raw materials are in store for 2 months, processing time 21 months, finished goods remain in store for 15 days, debtors are allowed 60 days' credit and credit received from suppliers of raw material is one month, the operating cycle period is

7 months

6 months

61 months

5 months

17. Which of the following is not general disclosure requirement under Accounting standard-14

Name and nature of Business

Accounting method followed

Description and number of shares issued

Particulars of scheme sanctioned

18. Under the Modified Accelerated Cost Recovery System (MACRS) an asset in the "5 year property class" would typically be depreciated over how many years

4 years

5 years

6 years

7 years

19. According to the concept of financial signalling, management behaviour results in new debt issues being regarded as " news" by investors.

Non-Event

Bad

Risk Neutral

Good

20. The Exchange of interest and/or principal payment between two parties are called

Swap

In the money

Forward

Put option

21. From the following set of information, which combination is correct to define the process of perception in order to understand consumer behaviour

Selective Attention
Selective Distortion
Selective Retention
Selective Apprehension

Code

Only and are correct Only

and are correct

Only and are correct

Only and are correct

22. When the company's Salesperson contacts the customer from time to time with Suggestions about improved uses of the product or additional new range of products, then it is called as

Proactive Marketing

Accountable Marketing

Reactive Marketing

Relationship Marketing

23. A state of demand where major part of the market dislikes the product and may even pay a price to avoid it, may be called as

Declining Demand

Overfull Demand

Negative Demand

Distractive Demand

24. When the Companies pay less attention to its own costs or demands and bases its price largely on competitors' prices, then it is known as

Value Pricing

Going rate pricing

Image pricing

Psychological pricing

25. From the given columns which of the combinations best describe the concepts of product hierarchy

Need family The core need that underlines the existence of a product family
Product family Group of items within a product line that share one of several possible forms of the product
Product class Group of products within the product family recognized as having a certain functional coherence
Product line All the product classes that can satisfy a core need with reasonable effectiveness


Code

Only and are correct

Only and are correct

Only and are correct

and are correct

26. An input (such as variable cost per unit or fixed cost) for a model is an example of

Stochastic variable

Decision variable

Algorithm

Parameter

27. Match the items of List I and List II and indicate the correct code
List I Operations ManaGement Functions List II Activities

Capacity planning Setting policy guidelines and procedural details of making a watch
Quality Management The steering of the cars loaded in trucks reaches the assembly line every morning and evening
Process Design Establishing rules and policies of which tablets are to be accepted and others not to be
Location and Layout of A hospital can largely serve 500 patients at any time facilities

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28. Car enters the drive-through of a fast food restaurant to place an order, and then it proceeds to pay for the food, and pick up the order. This is an example of

a multiphase system

a multichannel system

a multiguaue system

a multiphase and multichannel system

29. A manufacturer is considering five alternative locations for setting up its factory. Using the information given in the table obtain a ranking and tell the best location for setting the factory Table

<img src='./qimages/3399-29.jpg'>

CODE:

Location 2

Location 3

Location 4

Location 1 and Location 5

30. If the project completion time is normally distributed and the due date for the project is greater than the expected completion time, then the probability that the project will be finished by the due date is

undeterminable without more information

less than 0.50

equal to 0.50

greater than 0.50

31. Match the items of List I with those of List II and choose the correct code

List I List II
The probability of two events occurring Marginal probability together or in succession
The probability of occurring one event Posterior probability given that another event has occurred
The probability of occurring a single event Subjective probability
The probability revised in the light of Joint probability additional informations
(v)Conditional probability

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32. Consider the following statements relating to correlation and regression analysis
Statement I Correlation is independent of change of scale, but not of origin

Statement II Correlation denotes co-variability between the variables

Statement III Regression is a relative measure of relationship between variables Statement I. Regression is independent of change of origin but not of scale

Choose the correct option

Statements I II and IV are correct

Statements II III and IV are correct

Statements II and III are correct

Statements II and IV are correct

33. Which of the following is not a technology driver for an information system

Knowledge asset management

Enterprise applications

Object technologies

Networks and internet

34. 'Negandhi Estafen' is recognised as a good model for the analysis of

Organisational effectiveness

Management effectiveness

Organisational growth

Organisation behaviour

35. A self contained internet program designed to be used in a specific environment is

Active . .

Application programme interface

Applet

Artificial intelligence

36. A company manages multiple strategies for it's multiple markets and multiple products through which one of the following

Strategic Planners

Strategic Business Units

Strategic Windows

Strategic Technology

37. Match the items of List I with List II

List I List -II
Technical Innovation Strategy Foreign producer gives a straight copy
Product Adaptation Strategy Perceived and demonstrable superior products
Availability and Security Strategy Modifications to existing products
Total Adaptation and Conformity Overcome transport risk by countering Strategy perceived risks

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38. Only diversified company with a balanced portfolio can use its strengths to truly capitalise on its growth opportunities. Hence the balanced portfolio contains

Stars whose high share and high growth assure the future

Cash cows that supply funds for their future growth

Question marks to be converted into stars with the added funds

All of the above

39. Porter's Generic Strategies identified three basic catagories of strategies to include which one of the following combinations

High Cost Producer, differentiation and cost control

Low Cost Producer, differentiation and focused Niche

Specific strategic issues, vertical integration strategies and supply strategy

Managerial resources, profitability and focused Niche

40. The stages of corporate development provide a way for the strategic manager to analyse

Personal objectives, entrepreneurial skill

Managerial abilities, opportunity and threats

Frequently encountered version, functional management

Competitiveness, aggresiveness

41. Which of the following are included as external factors affecting industrial sickness

Changes in fiscal and monetary policies
Price and distribution
Non-availability of inputs
Industrial relations
Capital market fluctuations

Code

and

and

Only and

and

42.

Statement (I)"Motivation is a continuous, complex and dynamic process".

Statement (II)"As compared to other industries, extra motivation is required in service sector industries".

Statement is correct but Statement is incorrect.

Statement is correct but Statement is incorrect.

Both, Statement and are correct.

Both, Statement and are incorrect.


43.

Assertion :The function of entrepreneurs is to reform or revolutionise the pattern of production by exploiting an invention or, more generally, an untried technological possibility for producing a new commodity or producing an old one in a new way.

ReasoninG :Lack of innovations will usually reduce the life span of a product and/or service.
Code


Assertion and ReasoninG both, are correct, and is correct explanation of

Assertion and ReasoninG both, are correct, but is not right explanation of

Assertion is correct, whereas ReasoninG is incorrect.

ReasoninG is correct, whereas Assertion is incorrect.

44. A business idea becomes a good business opportunity when it covers which four of the following

Attractiveness
Foreign Collaborations
Political Support
Timeliness
Durability
Value addition to end user

Code


and

and

and

and

45. Which of the following are correct for an entrepreneur

is an independent person
makes his/her own decisions
has the opportunity of realising dreams
has good financial strength
has undergone a systematic business training
has immense job satisfaction

Code

and

and

and

and

46.

Assertion :Social audit has been defined as a commitment to systematic assessment of and reporting in some meaningful, definable domain of the company's activities that have social impacts.

Reasons :The Companies Act 2013 has accorded statutory recognition of the social responsibility of a corporate entity and gives option to provide a percentage of profit for the purpose as per discretion of the board.
Code


Both and (R)are correct, and is the right explanation of

Both and are correct, but is not the right explanation of

is correct but is not correct.

is correct but is not correct.

47. Which one of the following of 'Immanuel Principle, known as categorical imperatives, is a guide to managerial action

The managers should be open to share his/her corporate secrets, individual traits with external agencies.

The managers be free and open to share his individual knowledge and experience for community's gain.

A person's action is ethical only if that person is willing for that same action to be taken by everyone who is in a similar situation.

A person always treats another human being simply as a means to an end.

48. Teleology in ethics supports which one of the following the most

It is duty-based ethics and measures whether an action is right or wrong.

It measures whether the results of the actions are right or wrong.

It focuses on purpose of each action and judges the consequences of an action.

It focuses on neutrality and fidelity of an action.


49.

Assertion Deontology is duty-based ethics. It is an approach to ethics that addresses whether the motives behind certain action are right or wrong.

Reason Deontology focuses on whether the results of the actions are right or wrong.

Code

Both and are correct

is correct and is the right explanation of

is correct but is not the right explanation of

Both and are incorrect

50. Assertion Rules notified by the Ministry of Corporate Affairs Sec. 149 of the Companies Act mandates that a listed company having a paid up share capital of . 100 crore or more shall appoint at least one woman director on its board.

Reasons The corporate entities wanted to enhance gender equality and woman empowerment in corporate governance and company administration.

Code

Both and are correct.

is correct and is the right explanation of

is correct but is not the right explanation of

Both and are incorrect.