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UGC NET Management 2011

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PAPER-II MANAGEMENT Signature and Name of Invigilator 1. (Signature) __________________________ OMR Sheet No. : ............................................... (To be filled by the Candidate) (Name) ____________________________ Roll No. 2. (Signature) __________________________ (In figures as per admission card) (Name) ____________________________ J 17 Roll No.________________________________ (In words) 11 1 Time : 1 /4 hours] [Maximum Marks : 100 Number of Pages in this Booklet : 16 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. (iii) After this verification is over, the OMR Sheet Number should be entered on this Test Booklet. 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 : B C A D where (C) is the correct response. 5. Your responses to the items are to be indicated in the Answer Sheet given 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 instructions given inside carefully. 7. Rough Work is to be done in the end of this booklet. 8. If you write your Name, Roll Number, Phone Number or put any mark on any part of the Answer Sheet, except for the space allotted for the relevant entries, which may disclose your identity, or use abusive language or employ any other unfair means, you will render yourself liable to disqualification. 9. You have to return the test question booklet and 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. Use only Blue/Black Ball point pen. 11. Use of any calculator or log table etc., is prohibited. 12. There is no negative marks for incorrect answers. J-17-11 Number of Questions in this Booklet : 50 1. 2. - 3. , - - , : (i) - - (ii) - / - - (iii) OMR - 4. (A), (B), (C) (D) B C A : D (C) 5. I - , 6. 7. (Rough Work) 8. - , , , , , 9. - OMR - 10. / 11. ( ) 12. 1 P.T.O. MANAGEMENT Paper II Note : This paper contains fifty (50) objective type questions, each question carrying two (2) marks. Attempt all the questions. 1. 2. 3. 4. 5. In the case of an inferior commodity, the income elasticity of demand is (A) Positive (B) Unitary (C) Negative (D) Infinity The slope of the iso-cost line is determined by (A) Prices of the two factors (B) Productivity of the two factors (C) Degree of substitutability of the two factors (D) None of these Which one of the following statements is correct or more nearly correct ? (A) An increase in the price of commodity represents a fall in its value (B) Value has nothing to do with the price (C) If the price of a commodity falls, its value relative to other goods does not change (D) The price of a good is its value measured in terms of money 6. The important macro-economic aggregates are (A) Aggregate Consumption (B) Gross Domestic Capital Formation (C) Gross Domestic Savings and GNP (D) All of the above Paper-II 2 Match the following List I I. For a given 10 per cent change in price, demand changes by zero per cent II. For a given 10 per cent change in price, demand changes by 5 per cent III. For a given 10 per cent change in price demand changes by 10 per cent IV. For a given 10 per cent change in price, demand changes by 20 per cent Code : I II III (A) 3 1 2 (B) 4 3 2 (C) 1 2 3 (D) 2 3 1 List II 1. e > 1 2. e = 1 3. e < 1 4. e = 0 IV 4 1 4 4 Long lasting beliefs about what is important in a variety of situations, that guide our decisions and actions are : (A) values (B) ethical dimensions (C) priorities (D) desires J-17-11 II : (50) - (2) 1. ______ (A) (B) (C) (D) 2. - ? (A) (B) (C) (D) 3. ? (A) (B) (C) , (D) - 4. 5. I IV 3 1 2 4 4 3 2 1 (C) 1 2 3 4 (D) 3 III (B) 6. II (A) ? (A) (B) (C) (D) J-17-11 : I II I. 1. e > 1 10 , II. 2. e = 1 10 , 5 III. 3. e < 1 10 , 10 IV. 4. e = 0 10 , 20 : 2 3 1 4 ? (A) (B) (C) (D) Paper-II 7. 8. 12. Figure Ground Theory explains the process of (A) Cognition (B) Sensation (C) Perception (D) Motivation (A) Only responsibility delegated, not authority (D) Psychological contract is related to (A) job person fit (B) role person fit (C) organisation person fit (D) none of the above Both authority and responsibility are delegated (C) Successive re-inforcements resulting in desired behaviour are (A) mentoring (B) motivation (C) shaping (D) behaviour-modification Only authority is delegated not responsibility (B) 13. 9. In delegation Neither responsibility, nor authority is delegated Cross-functional groups that operate across space, time and organisational boundaries with members who communicate mainly through information technologies are (A) 10. virtual teams (C) teleworkers (D) 14. telecomputers (B) Equity is called as (A) equality of all (B) standard performance (C) comparative sense of justice to self (D) none of the above is telemarketers Career resilience means (A) 11. (B) Paper-II Lack of capacity to remain in career (D) 15. Ability to remain with same competencies refining suitably for organizations (C) The distinction between job enrichment and job enlargement is (A) semantics (B) job enrichment is vertical loading while job enlargement is horizontal loading (C) job enrichment is the outgrowth of Hertzberg s theory while job enlargement is of Maslow s orientation. (D) job enrichment is more for the individual and the other is more of organisation making Ability to switch careers None of the above Lock out means (A) (B) Refusal to employ person in employment (C) the temporary closing of a place of employment (D) 4 An antithesis of strike Illegal strike any J-17-11 7. - ______ 12. (A) , (B) (C) , (D) 13. : , - (A) (B) (C) (D) 14. : (A) - (B) (C) - (D) 15. : (A) (B) (C) (D) (A) (B) (C) (D) 8. ? (A) (B) (C) (D) - 9. (A) - (B) - (C) - (D) 10. : (A) (B) (C) (D) 11. ? (A) (B) (C) (D) J-17-11 5 Paper-II 16. (A) Management of income (D) All of the above List II (used / Application) I. Rate of return method Dividend decision (C) Match the following List I (items / method) Investment decision (B) 17. 20. Which is the task of a finance manager ? 1. Capital budgeting 2. Merger II. Purchase consideration Which method of capital budgeting focuses on liquidity of a project ? III. Diminishing 3. Depreciation Balance Method (A) Net present value (B) Profitability index (C) Payback period IV. Fifo Method (D) Internal rate of returns Code : 4. Stock valuation I 18. (A) (B) (C) There is no interest payout during lock-in period 3 2 4 3 2 4 1 1 2 3 4 (D) 21. 1 (C) These bonds are sold at a discounted value and on maturity face value of the bond is paid to the investors IV (B) These are in the form of low interest bonds III (A) Which statement is true about deep discount bonds ? II 1 4 3 2 Arrange the following steps of a five-stage model of the consumer buying process : 19. II. Paper-II Information search Purchase Decision V. Financial leverage is EBIT (A) Sales 100 EBIT (B) EBT Sales (C) Fixed Assets Profit (D) Sales Capital Need Arousal IV. None of the above Evaluation of Alternatives III. (D) I. Post Purchase behaviour Code (A) (B) III, II, I, IV, V (C) I, II, IV, III, V (D) 6 IV, II, III, I, V II, III, I, IV, V J-17-11 16. ? (A) (B) (C) (D) 17. ? (A) (B) (C) (D) 20. : I ( / II ( ) / ) I. 1. II. 2. - III. 3. IV. 4. : I 18. 19. (A) (B) 3 2 4 3 2 4 1 1 2 3 4 (D) EBIT Sales 100 EBIT EBT Sales Fixed Assets Profit Sales Capital 1 (C) IV (B) 21. III (A) ? (A) (B) (C) - (D) II 1 4 3 2 - - : I. II. III. IV. V. : (D) J-17-11 (B) III, II, I, IV, V (C) 7 IV, II, III, I, V I, II, IV, III, V (D) (C) (A) II, III, I, IV, V Paper-II 22. 24. It refers to the total number of items in the Product Mix. It is known as following. (A) The depth of product mix (D) 23. The length of product mix (C) considering a characteristic of service) The width of product mix (B) Match List-I and List-II. List I List II (Marketing (Characteristics Strategy applied of Services) The consistency of product mix I. Intangibility 1. Preparing a service blue print showing each service and process in a flow chart. II. Inseparability 2. Tangiblize the intangible III. Variability 3. To train more service providers and build up client confidence. IV. Perishability 4. Use differential pricing Code : I II III IV (A) 2 1 3 4 (B) 2 3 1 4 (C) 1 3 2 4 (D) 2 1 4 3 Given below are two statements, one labelled as Assertion (A), and the other labelled as Reason (R). State the correct answer from code given below. Assertion (A) : Pure-click companies can be search engines, Internet service providers, commerce sites, transaction sites, content sites and enabler sites. Reason (R) : Pure-click companies are those companies that have 25. A diverse collection of incentive tools designed to stimulate quicker buying of a particular product or service by consumers or the trade is known as (A) Advertising (B) Personal selling (C) Publicity (D) Sales promotion 26. Which of the following departments is not directly affected by the facilities location decision ? (A) Production / operations (B) Marketing (C) Personnel (D) Finance launched a website without any previous existence as a firm. Code : (A) (A) is correct, but (R) is wrong. (B) Both (A) and (R) are correct. (C) (A) is wrong, but (R) is correct. (D) Paper-II Both (A) and (R) are wrong. 8 J-17-11 22. (B) (C) (D) 23. 24. : (A) , (A) (R) : (A) : , , , , (A) (B) (C) (D) (R) : : (A) , (R) (A) (R) (A) , (R) (A) (R) J-17-11 IV 4 4 4 3 ? (A) / (B) (C) (D) (D) III 3 1 2 4 26. (C) II 1 3 3 1 : (A) (B) (C) (D) (B) I 2 2 1 2 25. (A) I II : I II ( ( ) ) I. 1. - II. 2. III. 3. IV. 4. : 9 Paper-II 27. (A) Fixed position layout (B) Functional layout (C) Product layout (D) 28. 31. Ship building and construction of dams and bridges are typical examples of Project type layout The probability that a contractor 2 will get a plumbing contract is 3 and that he will get an electric 4 contract is 9 . If the probability of his getting at least one of the two 4 contracts is 5 , then the probability that he will get both contracts is (A) 8/27 (C) 14/45 (D) 32. 10/45 (B) If unit item cost = Rs. 10, monthly carrying charge = 3 per cent, monthly demand = 100 units and ordering cost = Rs. 20 per order, the EOQ is : 26/45 (A) (B) 400 (C) 115.4 If a random variable X follows Poisson distribution such that P(X = 1) = P(X = 2), then the mean of the distribution is (D) 33.3 (A) 1 (B) (C) 29. 11.45 3 (D) 4 In managing a project, a network is better suited than Gantt chart because 33. 2 The value of R1.23 lies between (A) 1 and +1 (A) It can be updated more easily (B) 1 and 0.0 (C) 0.0 and +1 (B) It clearly brings out the interdependencies between the different activities (D) 0.5 and + 0.5 (C) Both (A) and (B) (D) None of the above 34. A source programme is a programme written in machine language (B) 30. (A) a programme translated into language (C) the machine language translation of a programme written in high-level language (D) none of the above The aggregate production plan spans (A) Short time horizon (B) Intermediate time horizon (C) Long time horizon (D) None of the above Paper-II 10 to be machine J-17-11 27. , : 31. 2 3 (A) (B) 9 , (C) 5 , (D) ? 4 4 (A) 28. (B) 8/27 (C) 14/45 (D) ` 10, 3 , 100 ` 20 : 10/45 26/45 (A) (B) 400 (C) 115.4 X P(X = 1) = P(X = 2), : (D) 33.3 (A) 1 (B) (C) 29. 11.45 3 (D) 4 32. : 33. R1.23 : (A) 1 +1 (B) (B) : 1 0.0 (C) 0.0 +1 (C) (A) (B) (D) 0.5 +0.5 (D) (A) 34. 30. 2 (A) (B) (C) (D) - (D) (C) (B) : (A) : J-17-11 11 Paper-II 35. (A) Which sector is called as Primary Sector in India ? (A) Industrial sector (B) Service sector (C) External sector (D) Agricultural sector We must forget to learn and learn forgetting is ascribed to Tom Peters (B) Peter F. Drucker (C) Abraham S. Maslow (D) Garry Hamel In highly competitive environment an organization to achieve sustained success should be (A) Better (B) Bigger (C) Resilient (D) None of the above Corporate governance is about (A) Crafting the strategy (B) Compliance with regulatory regime (C) Satisfying the stakeholders (D) 39. 42. Multi processing (A) 38. The MSMED Act, 2006 classified enterprises broadly into (A) Two categories (i) Manufacturing enterprises and (ii) Service enterprises (B) Three categories (i) Micro enterprises (ii) Small enterprises (iii) Medium enterprises (C) Four categories (i) Micro enterprises (ii) Small enterprises (iii) Tiny enterprises (iv) Medium enterprises (D) Four categories (i) Tiny enterprises (ii) Micro enterprises (iii) Small business enterprises (iv) Medium enterprises Real time processing (D) 37. 41. Batch processing (C) If two or more companies are merged and only one of them survives while others loose their independent entity, it is referred to as (A) Merger (B) Absorption (C) Amalgamation (D) Combination Time - sharing (B) 36. 40. Processing data in groups collected over periods of time is known as governing the company in the interest of government in power Strategic planning is about (A) Strategic thinking (B) Strategic programming (C) Tactical Planning (D) Portfolio Planning Paper-II 12 J-17-11 35. : (A) (B) (C) (D) 36. 40. 41. 37. : (A) (B) (C) (D) 39. : (A) (B) (C) ( ) (D) ? (A) (B) (C) (D) : (A) (B) (C) (D) 38. 2006 ______ : (A) : (i) (ii) (B) : (i) (ii) (iii) (C) : (i) (ii) (iii) (iv) (D) : (i) (ii) (iii) (iv) 42. : (A) (B) . (C) . (D) ? (A) (B) (C) (D) J-17-11 13 Paper-II 43. 47. 44. 49. Who is involved in Shoplifting from the following ? (A) Producer (B) Seller (C) Consumer & or a customer (D) None of the above 50. Industrial Policy of which year contained for the very first time a special thrust on measures for promoting and strengthening small tiny and village enterprises (A) 1956 (B) 1991 (C) 1948 (D) 1977 Arrange the following steps of a simple ethics programme I. Walk the talk II. Size up your company s current ethics III. Train your people IV. Solicit feedback from your employees V. Create a code of conduct Code : (A) V, I, IV, II, III (B) II, V, IV, III, I (C) II, V, III, IV, I (D) II, IV, III, II, I Match List-I with List-II. EDII is situated at (A) New Delhi (B) Ahmedabad (C) Patna (D) Kolkata 45. Situations in which individuals are required to define right and wrong conduct to be complied with are called as following (A) Ethical climate (B) Ethical dilemmas (C) Code of Ethics (D) None of the above 48. How many times the census of registered Micro, small and medium Enterprises (MSMEs) have been made by Small Industries Development Organisation (SIDO) ? (A) 1 (B) 2 (C) 3 (D) 4 46. List I (Ethical Issue) Members of organizations are increasingly finding themselves facing situations in which they are required to define right and wrong conduct. It is most aptly called as following (A) Environmental issues of ethics (B) Social responsibilities of business (C) Corporate governance & ethics (D) Ethical Dilemmas of business Paper-II I. List II (Stakeholder affected) Unsafe working 1. conditions II. Product safety 2. III. Environmental 3. Pollution IV. Following local 4. laws Code : I II III (A) 2 4 3 (B) 3 1 2 (C) 1 3 4 (D) 3 2 1 14 Customers Society Employees Host Country IV 1 4 2 4 J-17-11 43. ( ) , ? (A) 3 (D) 45. 2 (C) 44. 1 (B) 4 48. ? (A) (B) (C) (D) 1991 (C) 1948 (D) 49. 1956 (B) 1977 50. ? (A) (B) (C) (D) J-17-11 ? (A) (B) (C) (D) : I. II. III. IV. V. : (A) (B) (C) (D) , ? (A) 46. 47. (A) (B) (C) (D) I II : I II ( ) ( ) I. 1. II. 2. III. 3. IV. 4. : (A) (B) (C) (D) 15 V, I, IV, II, III II, V, IV, III, I II, V, III, IV, I II, IV, III, II, I I 2 3 1 3 II 4 1 3 2 III 3 2 4 1 IV 1 4 2 4 Paper-II Space For Rough Work D-0109 Paper-II 16 P.T.O. J-17-11

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