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IIM MBA Entrance Exam : Common Admission Test Question Paper CAT 1992

23 pages, 100 questions, 3 questions with responses, 3 total responses,

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CATsyllabus.com SECTION I Q1 to 7 : arrange the sentences A, B, C and D to form a logical sequence between sentences 1 and 6. 1. 1. Amount of published information available varies widely by industry. A. Unfortunately for the researcher, many industries do not meet these criteria, and there may be little published information available. B. Generally, the problem the researcher will face in using published data for analysing an economically meaningful industry is that they are too broad or too arranged to fit the industry. C. However, it is always possible to gain some important information about an industry from published sources and these sources should be aggressively pursued. D. Larger the industry, the older it is, and the slower the rate of technological change, better is the available published information. 6. If a researcher starts a searching for data with this reality in mind, the uselessness of broad data will be better recognized and the tendency to give up will be avoided. (a) ACBD (b) CBAD (c) DACB (d) BDAC 2. 1. The main source of power in industrial undertaking is electricity. A. Electricity from water also requires enormous river valley projects involving huge expenditure. B. In contrast, electricity from atomic power stations will result in a tremendous saving in expenditure. C. Besides, the mineral resources of the world required for generation of electricity are being rapidly depleted. D. But the production of electricity needs huge quantities of coal. 6. The installation of atomic plants will help in meeting the shortage of these resources. (a) ABDC (b) CBAD (c) DABC (d) BCAD 3. 1. Intensity of competition in an industry is neither a matter of coincidence nor bad luck. A. The collective strength of these forces determines the ultimate profit potential in the industry where profit potential is measured in terms of long run returns on invested capital. B. Rather, competition in an industry is rooted in its underlying economic structure and goes well beyond the behavior of current competitors. C. Not all industries have the same potential. D. The state of competition in an industry depends on five basic competitive forces. 6. They differ fundamentally in their ultimate profit potential as the collective strength of the forces differ. (a) CDBA (b) DCAB (c) BDAC (d) ABDC CAT 1992 Page 1

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