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PAPER-II MANAGEMENT Signature and Name of Invigilator 1. (Signature) __________________________ OMR Sheet No. : ............................................... (To be filled by the Candidate) (Name) ____________________________ 2. (Signature) __________________________ (Name) ____________________________ J 17 1 2 1 Time : 1 /4 hours] 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 circle as indicated below on the correct response against each item. Example : where (C) is the correct response. 5. Your responses to the items are to be indicated in the OMR Sheet given inside the Paper I Booklet only. If you mark at any place other than in the circle in the OMR 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 OMR 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 Original OMR Sheet to the invigilators at the end of the examination compulsorily and must not carry it with you outside the Examination Hall. You are, however, allowed to carry duplicate copy of OMR Sheet on conclusion of examination. 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-17-12 Roll No. (In figures as per admission card) Roll No.________________________________ (In words) [Maximum Marks : 100 Number of Questions in this Booklet : 50 1. 2. - 3. , - - , : (i) - - (ii) - / - - (iii) OMR - 4. (A), (B), (C) (D) : (C) 5. I OMR OMR , 6. 7. (Rough Work) 8. OMR , , , , , 9. - OMR 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. 5. Cardinal measure of utility is required in (A) Utility Theory (B) List I Revealed Preference (D) Inferior Goods 2. List II (Demand Estimation Method) Indifference Curve Analysis (C) Match List-I with List-II and select the correct answer using the codes given below the lists. (Steps involved) (a) Customer Interview Method (b) Market Experiment A Right-ward shift in Demand Curve indicates 1. Consumers Interview (B) An increase in quantity supplied Method 2. Time series or Cross Section Data (C) An increase in supply over the previous year (c) Regression Method 3. Market Stimulation (D) Law of Variable Proportions (d) Demand Forecasts 4. Market Experiments Survey Which of the following is the condition for equilibrium for Monopolist ? Codes : (A) A decrease in supply 3. (a) (b) (A) MR = MC (B) (A) 1 4. Giffen goods are those goods 6. (A) for which demand increases as price decreases (B) which are in short supply (C) which have high elasticity of demand 3 2 4 4 3 1 2 1 3 Who divided all activities of the organisations into six groups ; Technical, Commercial, Financial, Security, Accounting and Managerial ? (A) D. E. Mc Forland (C) Henry Fayol (D) 2 Peter Drucker (B) (D) which gives rise to a Cob-Web situation. Paper-II 2 (D) 4 (D) AC = AR 4 (C) 2 MR = MC = Price 3 (B) 1 MC = AR (C) (c) (d) George R. Terry J-17-12 II : (50) - (2) 1. 2. (A) (B) (C) (D) 5. I II : I II ( ) ( ) (a) 1. (b) 2. (c) 3. (d) (A) (B) (C) (D) 4. : 3. 4. ? (A) = (B) = (C) = = (D) = (a) (b) (A) 1 2 3 2 4 4 3 1 (D) 4 3 4 (C) 2 6. 3 (B) 1 (A) (B) - (C) (D) J-17-12 (c) (d) 2 1 3 : : , , , , ? (A) (B) . . (C) (D) . Paper-II 7. (A) (B) (C) (D) 8. 10. What are the elements that a Mission Statement of an Organisation should include ? During his days at Midvale Steel Company F.W. Taylor saw that employees soldiering deliberately Self guidelines for Business Operations working at a pace slower than their Identifies the reasons for existence of a company and its responsibilities to the stakeholders. indulge in soldiering primarily for the (A) Fear of losing jobs if they increase their output. Identifies the firms customers and their needs and matches them to the products and services. (B) Faulty wage systems. (C) Out-dated methods of working (D) All of the above capabilities. He identified that, worker following reasons : All of the above (A), (B) and (C). 11. Changes in population characteristics such as age, gender, race, marital status, income and education are examples of change : Among the best known trait approaches to personality measurement column A gives Traits and column B states the name of authority defining them. Match the correct combination Traits Author (A) (A) 20 + needs Murray (B) Cultural (B) 16 traits Eysenck (C) Geographic (C) 3 traits Cattell (D) 9. Demographic Diversity (D) 5 traits Costa & Merree Which of the following is not included as Micro-Environmental Variables ? (A) Prevailing economic political conditions. (B) and Financial conditions and culture (D) None of the above Third Party intervention as Conflict Resolution is Emerging new technologies (C) 12. often required (B) Paper-II (A) seldom required (C) required as a mandate, when conflict remains unresolved (D) 4 not at all considered as an option J-17-12 7. ( ) ? (A) - (B) 10. (C) (D) (A) (B) (C) (D) (A), (B) (C). 11. 8. . . : , , , , ? A B (A) (A) 20 + (B) (B) 16 (C) (C) 3 (D) 5 (D) 12. ? (A) : (A) (B) (B) (C) (C) (D) (D) 9. J-17-12 5 Paper-II 13. The policy of introducing Blood is New Which of the following is the main assumption of Waltar Valuation Model ? (A) (B) (D) Innovative, challenging, often resisted (C) Innovative and challenging, making the corporate dynamic With additional investment the firms business risk will change. There is a change in the key variables such as EPS and DPS None of the above Bureacratic as well as redtapic (C) (B) Steriotypic All financing is done through Retained earnings and external sources of funds. (D) (A) 14. 17. but 18. An Assessment Centre is Which of the following is an important money market instrument ? (A) A place (A) Debentures (B) A technique (B) Commercial Paper (C) Both (A) and (B) (C) Public Deposits (D) None of the above (D) None of the above 19. 15. Organizational learning Learning organization are and The method of payment in Mergers and Acquisitions may include (i) Cash (ii) Loan stock (iii) Ordinary shares (A) (B) Different (iv) Convertible loan stock (C) Reverse to each other (A) (i) & (iii) only (D) Complementary to each other (B) (i) & (ii) only (C) 16. Same (i), (ii), (iii) and (iv) (D) (ii) & (iv) only The value of the firm is maximized when the (A) (B) 20. Market price of equity share is maximum (A) Market value maximum (D) debt 6 To meet the future financial requirements of the company (D) is To meet day-to-day financial obligations of the company (C) None of the above Paper-II of Long-term financial needs of the company (B) Market price of equity share is minimum (C) Working capital refers to the capital mobilised for meeting None of the above J-17-12 13. (A) 19. (i) (ii) (iii) (iv) (A) (i) (iii) (B) (i) (ii) (C) (i), (ii), (iii) (iv) (D) (ii) (iv) 20. (A) (B) (C) (D) (B) (C) (A) (B) (D) (A) (B) (C) (D) 16. ? (A) (B) (C) (D) - : (A) 15. 18. - (D) 14. (C) ? (A) (B) (C) (D) (B) 17. - (A) (B) (C) (D) J-17-12 7 Paper-II 21. 24. Which of the following statement is true ? (A) (A) (C) 25. Relate to all aspects marketing operations (D) Marketing is also a managerial function involving analysis, planning and control marketing activities in an organisation Provide a continuous source of information (C) Marketing orientation is philosophy, which has to pervade the organisation structure Gather environmental information (B) The essence of marketing is a transaction of an exchange. (B) Marketing research does not normally Describe the current situation Which of the following is not included in 7 P s of services marketing ? 22. (A) Process (D) A marketing plan is composed of three basic components, namely People (C) All of the above Physical evidence (B) (D) of Marketing plan 1. Objectives 2. Policies 3. Program 4. Procedure 5. Hints 6. Decision Which of the following is not the type of Plant Layout ? 7. Command 8. Periodic (A) Product Layout 9. Diversity (B) Process Layout (A) 1, 2 and 3 only (C) Fixed Position Layout (B) 6, 7 and 8 only (C) 5, 7 and 9 only (D) Residential Layout (D) 2, 3 and 9 only 26. 27. 23. Which of the following is not the stage of new product development ? Which of the following factor is considered in the selection of a plant location ? (A) Idea Generation (A) Source of Raw-materials (B) Business Analysis (B) Availability of water (C) Test Marketing (C) Marketing facilities (D) Market Segmentation (D) All the above Paper-II 8 J-17-12 21. ? (A) (D) 25. (D) (C) , (B) (C) (A) (B) 22. 24. 7 : (A) (B) 1. 2. (C) 3. 4. (D) 5. 6. 7. 8. 9. (A) 1, 2 3 (B) 6, 7 8 (C) 5, 7 9 (D) 2, 3 9 26. (A) (C) (D) ? (B) 27. 23. ? , , ? (A) (A) (B) (B) (C) (C) (D) (D) J-17-12 9 Paper-II 28. 29. (C) Any linear problem. (D) Coefficient of correlation between them is 1 (C) Covariance between them is negative (D) 33. None of the above programming heterogeneous ? (A) (C) 1/3 (D) Stratified Sampling (D) 1/12 Simple Random Sampling (C) 1/9 Cluster Sampling (B) If two dice are thrown, the probability that the sum of their points is greater than 10 is (B) Which type of sampling is appropriate when the population consists of well defined groups such that the elements within each group are homogeneous and between each group they are A transportation problem with two origins and two destinations. (A) 31. (B) A linear programming problem with two decision variables. Covariance between them is positive A linear programming problem with all integer data base. (B) Two variables are said to be perfectly negatively correlated if (A) The Graphical method can be used to solve (A) 30. 32. Work measurement refers to (A) the length of time it takes to complete a work task assigned to a specific job (B) improving work methods (C) arrangement of machines according to sequence of operations (D) planning the work and working the plans Judgement Sampling 1/18 A Binomial distribution is characterized as (16,0.5) i.e. sample size is 16 and the probability of success is 0.5. The mean and variance of this distribution will be respectively (A) (D) Paper-II 10 Leased-Line (D) 4, 4 Dial-up (C) 4, 8 ISDN (B) 8, 8 (C) Which of the following is not a type of internet connection ? (A) 8, 4 (B) 34. ISP J-17-12 28. 29. (A) (B) (C) (D) 32. (A) (B) - (D) 33. - 1 (C) (A) (B) (C) (D) - , , ? (A) 10 (B) (A) 1/9 (C) (B) 1/12 (C) 1/3 (D) (D) 30. 1/18 34. 31. (16,0.5) 16 0.5 : (A) (D) - (C) - (D) 4, 8 (B) 8, 8 (C) (A) 8, 4 (B) ? 4, 4 J-17-12 11 Paper-II 35. 38. Match the following : List I (I) (II) List II Globalization involves (A) Poisson 1. Its mean is distribution has greater the property that than Variance Free flow of technology from one country to another (B) Free flow of investment from one country to the other Normal distribution is a (C) Free flow of people from one country to the other (D) All the above (III) Chi-square distribution is 2. Symmetric distribution 3. Positively skewed distribution 39. (IV) Binomial 4. Its mean distribution has and the property that variance are equal. Which is a short-term strategy for a firm ? (A) (B) (A) 4 2 1 3 (B) 4 2 3 2 3 4 (D) 2 4 3 Functional strategy 1 (C) 1 Company mission (D) (I) (II) (III) (IV) Business strategy (C) Codes : Corporate strategy 1 40. Which is not a global entry strategy ? (A) WTO come into being in the year (B) Joint venture (A) 1975 (C) Merger and Acquisition (B) 1985 (D) Blue ocean strategy (C) 1995 (D) 36. Exporting 2001 41. 37. Which one is not the characteristic feature of Entrepreneurship ? Which of the following is not Porter s generic strategy ? (A) Vision (A) Focus (B) Risk Bearing (B) Cost Leadership (C) Initiative and Drive (C) Differentiation (D) Market segmentation (D) Disloyalty Paper-II 12 J-17-12 35. : - I (I) (II) (III) (IV) 38. 1. 2. - 3. 4. II (A) (B) (C) (D) 39. - ? (A) (I) (II) (III) (IV) (B) : (A) 4 2 1 3 (C) (B) 4 2 3 1 (D) (C) 1 2 3 4 (D) 2 4 3 1 40. ? (A) 1975 (B) (B) 1985 (C) (C) 1995 (D) (D) 37. ? (A) 36. 2001 41. ( ) ? (A) ( ) (B) (C) (D) J-17-12 ? (A) (B) (C) - (D) 13 ( ) Paper-II 42. 43. 47. Which of the following organisations is meant for promoting small scale industries at district level ? (A) SIDBI (B) DIC (C) SFCs (D) NABARD Whistle-Blowers are (A) (B) to be rewarded for organisational enrichment (D) 48. to be promoted (C) The reason for sickness of small scale industry is (A) Lack of capital (B) Lack of market (C) Severe competition (D) All the above to be removed from the jobs to be protected since they intend to bring out truth the Funding through Micro finance to Small and Micro Enterprises is not successful due to 45. Small and medium enterprises are (A) Labour intensive (B) Capital intensive (C) Market leader (D) Industry price determiner (A) & (B) (D) 49. Out sourcing of method of providing Micro Finance (C) The measure taken by Government to promote small scale industry. (A) Provision of land (B) Provision of marketing facilities (C) Arrangement of credit and raw materials (D) All the above High rate of interest (B) 44. (A) None of the above Work-Diversity by nature, does not go against Ethics. But an executive assistant while getting transferred from stores to despatch section created turmoil in the office. He is (B) Paper-II 50. Fully against work ethics (C) Business propositions are to be selected by making an analysis that, how much the local resources will be depleted in the commencement and the course of Business. This is known as (A) Sensitivity Analysis (B) Common Property Resource use (C) Environmental Impact Assessment (D) None of the above Most ethical in his deal He is workoholic (D) 46. (A) A Rigid employer, hard nut to crack Ethical Management is (A) (B) A Compulsion (C) A Judgement (D) 14 A Compromise (A) and (B) J-17-12 42. ? (A) (B) (C) (D) 47. (B) 48. (C) (A) (B) (C) (D) (D) 43. (A) (A) 44. (B) (C) (A) (B) (D) (A) (B) (C) (D) 49. 45. 46. 50. (A) (B) (C) (D) (A) (B) (C) (D) , (A) (B) (C) (D) (A) (B) (A) - (B) - (C) (D) J-17-12 15 Paper-II Space For Rough Work Paper-II 16 J-17-12

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