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UGC Net JUN 2013 : MANAGEMENT PAPER II

23 pages, 100 questions, 17 questions with responses, 17 total responses,

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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) ____________________________ 17 S Roll No.________________________________ (In words) 1 3 1 Time : 1 /4 hours] [Maximum Marks : 100 Number of Pages in this Booklet : 24 Instructions for the Candidates 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. 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 / polythene bag on the booklet. Do not accept a booklet without sticker-seal / without polythene bag 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 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. S-17-13 1 P.T.O. MANAGEMENT Paper II Note : This paper contains fifty (50) objective type questions, each question carrying two (2) marks. All questions are compulsory. 1. 4. Statement I : Demand for a commodity refers to quantity of the commodity demanded at a certain price during any particular period of time. Statement II : Contraction of demand is the result of increase in the price of the goods concerned. (A) Both I & II are correct. (B) Both I and II are incorrect. (C) I is correct and II is incorrect. (D) II is correct and I is incorrect. 5. The sum of the value of all final goods and services produced within a country and net factor income from abroad is termed as Match the items given in List-I with most suitable options given in List-II. List I List II (a) Rate of discount (i) Pay back which equates period the net present value to zero. (b) Ratio of present (ii) Internal value of cash Rate of inflows to the Return cash outflow. (c) Percentage of (iii) Profitability annual net Index income earned on average fund invested in a project. (d) Investment (iv) Average divided by Rate of annual net cash Return inflow. Codes : (a) (b) (c) (d) (A) (iii) (ii) (iv) (i) (B) (iii) (ii) (i) (iv) (C) (ii) (iii) (iv) (i) (D) (ii) (iii) (i) (iv) (A) GNP (B) Nominal GDP (C) NNP (D) Real GDP 2. If a firm raises ` 1,00,000 by the issue of debentures at 10%, repayable after 10 years, the rate of return that equates the present value of cash inflows with the present value of cash outflows is referred to as (A) Explicit cost (B) Implicit cost (C) Specific cost (D) Future cost 3. The major objective of economists to monopolies is (A) lack of technological progress in such industries. (B) the dangerous impact democratic government. on (C) the inability in an industry where there is a single producer. (D) the tendency to restrict output and charge higher price. Paper-II 2 S-17-13 II : (50) - (2) 1. (A) I II : I II (a) (i) (b) (ii) (c) (iii) (d) (iv) - : ` 1,00,000 10% 10 , - - (A) (B) (C) (D) 3. 5. (D) 2. (C) I : II : (A) I II (B) I II (C) I II (D) II I (B) 4. (A) (B) (C) (D) S-17-13 (A) (B) (C) (D) 3 (a) (iii) (iii) (ii) (ii) (b) (c) (d) (ii) (iv) (i) (ii) (i) (iv) (iii) (iv) (i) (iii) (i) (iv) Paper-II 6. The process through which 9. individuals attempt to determine the Match the following : a. Attitudes 1. Beliefs that individuals possess certain characteristics because of their membership in certain groups. causes behind others behaviour is known as (A) Perception (B) Attitude (C) Attribution b. Job 2. Negative attitude Satisfaction toward the members of specific groups, based solely on the fact that they are members of those groups. (D) Social identity theory 7. Which theory of human motivation focuses on personal perceptions of the performance process ? c. Prejudice 3. Positive or negative attitudes held by individuals toward their jobs. d. Stereo types 4. Relatively stable clusters of feelings, beliefs and behavioural intentions toward specific objects, people or institutions. (A) Adam s Theory of Inequality (B) McClelland s Need Theory (C) Vroom s Expectancy Theory (D) Alderfer s ERG Theory 8. Annual Reports, Balance Sheets, Brochures and Advertisements in organisational communication are the means to aim at Codes : (A) Influencing (B) Paper-II 1 2 3 4 2 3 4 1 3 4 1 2 (D) 4 d (C) (D) Credibility building c (B) Group building b (A) Image building (C) a 4 3 2 1 S-17-13 6. 9. : 7. 3. 4. , , ? (A) (B) (C) (D) 8. c. 2. , (D) b. (C) 1. (B) d. (A) a. , - , (A) : (B) (D) S-17-13 1 2 3 4 2 3 4 1 3 4 1 2 (D) 5 d (C) c (A) b (B) (C) a 4 3 2 1 Paper-II 10. Match the following : a. Delegating b. Situational theory c. Grid training 11. 1. A function of a situation wherein a leader is effective only when the style used to influence and alter the situation is appropriate. On-the-job training methods are not based on (A) Demonstration methods (B) Interactive methods (C) Vestibule Training methods (D) Apprentice training method 12. Minimum wage means (A) Wage sufficient to ensure the workman food, shelter, clothing, frugal comfort and provision for evil days. 2. Low nurturing and low regulating behaviour. (B) (C) 3. A function of a situation wherein a leader permits subordinates to take part in decision making and permit them a considerable degree of autonomy. Wages paid in proportion to workman s work efficiency. A wage sufficient to satisfy the workman s basic needs. (D) A sum of money paid under contract by an employer to a workman for services rendered. 13. Which of the following statement is true ? (A) Profit sharing is an agreement freely entered into by which the employees receive share fixed in advance from the organization s profits. d. Participative 4. A multi step process designed Leadership to cultivate concern for people and concern for production. (B) An experiment in profit shares on a wide scale would therefore be definitely undertaking a voyage of an unchartered sea. (C) Profit distribution under a profit sharing plan are used to fund employee retirement plans. Codes : a b c d (A) 1 2 3 4 (B) 2 1 4 3 (C) 3 2 4 1 (D) 4 3 1 2 Paper-II (D) All of the above. 6 S-17-13 10. : a. 11. (A) (A) (D) 13. (C) 4. - , , , (B) 3. d. - (D) 2. c. - (C) 12. (B) 1. b. ? ? (A) - (B) - (C) (D) : a b c d (A) 1 2 3 4 (B) 2 1 4 3 (C) 3 2 4 1 (D) 4 3 1 2 S-17-13 7 Paper-II 14. Performance appraisal includes 16. In which case, (A) Check reviews done by the supervisors. (B) review his performance in relation to the objectives and other behaviours. (C) Promote employees for self appraisal. (D) All of the above. 15. The acquirer puts pressure on the management of the target company by threatening to make an open offer, the board capitulates straight away and agrees for settlement with the acquirer for change of control. Match the following : a. Human 1. A goal-directed Resource approach in Strategy which workers and their supervisors set goals together for the upcoming appraisal period. b. Compensation 2. Time during which employees can choose not to be at work. c. Flexitime 3. A legally required benefit that provides medical care, income continuation and rehabilitation expenses. d. Management 4. A firm s by Objectives deliberate use of human resources to help it to gain or maintain an edge against its competitors. Codes : a b c d (A) 1 2 3 4 (B) 4 3 2 1 (C) 2 3 4 1 (D) 3 4 1 2 (B) Bear Hug (C) Poison Pill Paper-II (A) Poison Put (D) None of the above 17. Which of the following method of incorporation of risk in the capital budgeting decision framework is useful for situations in which decisions at one point of time also affect the decisions of the firm at some later date ? (A) Certainty Equivalent Approach (B) Probability Approach Distribution (C) Risk-adjusted Discount Rate Approach (D) Decision-tree Approach 18. In which of the approach, the market value of the firm depends upon the EBIT and the overall cost of capital (A) Net Income Approach (B) Net Operating Approach Income (C) Modigliani-Miller Approach (D) None of the above 8 S-17-13 14. (A) (B) - (C) (D) 16. , , ? a b c 1 2 3 4 3 2 2 3 4 3 4 1 - (D) , ? (A) (C) - (D) 2 (B) 1 (D) (C) 18. (B) 1 (C) ? (A) 4 (B) d (A) (D) 17. (C) : a. 1. b. - 2. c. 3. , - d. 4. : (B) 15. (A) S-17-13 9 Paper-II 19. Which is the assumption of Modigliani and Miller approach to cost of capital ? 21. (A) The firms can be classified into homogeneous risk class. (B) (C) The capital markets assumed to be perfect. A deliberate and careful choice of organisation, product, price promotion, place strategies and policies best define the concept of (A) Marketing Mix (B) Product Mix (C) are Market Penetration (D) Market Segmentation All investors have the same expectations from a firm s net operating income which is necessary to evaluate the value of a firm. 22. Rational motives in buying process are explained as (A) Motives based on careful, logical reasoning and self acceptance. (D) All of the above. (B) 20. Motives based on sensual satisfaction, fear and entertainment. (C) Activity buyer adopts to satisfy buying needs. Match the following : List I List II (Functions of Finance) (Significance) a. Financial Statements (D) All of the above. 1. Check on Financial Activities 23. b. Administration 2. Reduction of of Tax Tax Liability Which of the following combination, according to hierarchy of effects model is correct ? c. Internal Audit 3. Allocation of Fund (A) Awareness Liking Knowledge Conviction Preference Purchase. d. Budgeting 4. Income Statement (B) Awareness Knowledge Liking Preference Conviction Purchase. (C) Awareness Liking Knowledge Conviction Purchase Preference. Codes : a b c d (A) 1 2 3 4 (B) 4 3 2 1 (C) 4 2 1 3 (D) 2 3 4 1 Paper-II (D) Awareness Preference Knowledge Liking Preference Purchase. 10 S-17-13 19. 21. ? , , , (A) (B) (B) (C) , , (C) (D) (A) (D) 20. 22. : I (A) (B) , (C) (D) ( ) , : II ( ) a. 1. b. 2. c. 3. d. 4. (A) (B) (C) (D) 23. ? : a b c d (A) 1 2 3 4 (B) 4 3 2 1 (C) 4 2 1 3 (D) 2 3 4 1 S-17-13 11 Paper-II 24. This consists of two lists of 25. statements or terms and the candidate has to match an item in one list with an item in the other. List I List II (Statement) (Terms) I. Brands which 1. Consideration are evaluated for set the purchase Marketing concept is the recognition on the part of management that all business decisions at the firm must be made in the light of customer needs and wants, hence that all marketing activities must be under one supervision and that all activities of a firm must be coordinated at the top in the light of market requirements. Who said it ? (A) Lazo and Carton (B) (C) decision. II. Brands which 2. Evoked set Schwartz G King RL (D) C.P. Mc Namara are considered 26. by the buyer for evaluation. III. Brands which 3. Inept set are Which one of the following is not a qualitative forecasting method ? (A) Educated guess (B) disliked and avoided. (C) (D) Linear regression method IV. Brands which 4. Inert set the buyer Executive Committee Consensus Delphi method is I II III IV (A) 2 3 1 4 (B) 1 2 3 4 (C) 2 1 3 4 chart do not Statement I : Mean (X) give the desired result about process variability. Statement II : Range (R) chart monitors process variability. (A) Statement I is correct, but Statement II is false. (B) Statement II is correct, but Statement I is false. (C) Both Statements I and II are correct. (D) 2 1 4 3 (D) Both Statements I and II are false. 27. aware but is indifferent towards it. Codes : Paper-II 12 S-17-13 24. 25. : : I II ( ) ( ) , ? II. 2. (C) 1. (B) (A) (D) I. . . 26. ? (A) (B) (C) (D) 3. III. IV. 4. 27. : I II III 2 3 1 4 (B) 1 2 3 4 (C) 2 1 3 (D) 2 1 4 II : ( ) IV (A) I : ( ) I , II (B) S-17-13 (A) II , I 4 (C) I II 3 (D) I II 13 Paper-II 28. Which one is not a part of control charts for attributes ? 33. (B) (C) There are different phases in a Operations Research Project. They are Research phase (ii) Action phase (iii) Judgement phase The correct sequence of these phases is (A) (i), (ii), (iii) (B) (C) (D) (iii), (ii), (i) (ii), (iii), (i) (iii), (i), (ii) The Graphical method can be used to solve (A) A Linear Programming Problem (LPP) with all integer data. (B) A LPP with two decision variables. (C) Any LPP. (D) A transportation problem with two origins and two destinations. 31. Match the items given in List-I with most appropriate options given in List-II. List I List II (a) Centroid (i) Multiple Method Regression (b) Hierarchical (ii) Factor Method Analysis (c) Relationship (iii) MANOVA between a single metric dependent and two or more independent variables (d) The main and (iv) Cluster interactive Analysis effects of categorical variables on multiple dependent interval variables. Codes : (a) (b) (c) (d) (A) (iv) (ii) (i) (iii) (B) (ii) (iv) (i) (iii) (C) (ii) (iv) (iii) (i) (D) (iv) (iii) (i) (ii) (D) c-chart np-chart (i) 30. If the sample size is less than 50, which non parametric test can be used to test the independence of attributes ? (A) Chi-square test (B) Fisher Irwin test (C) Cochran Q test (D) Kruskal Wallis test -chart (A) P-chart 29. 32. A vendor can make a profit of ` 3,000 with a probability of 0.4 or make a loss of ` 1,000 with a probability of 0.6. What is his expected profit ? (A) ` 600 (C) Paper-II ` 1,000 (B) ` 800 (D) ` 500 14 S-17-13 28. ? (A) - (B) - (C) - (D) 32. - ( ) 50 ? (i) (D) (iii) (ii) (C) - (B) 29. (A) 33. I II : : I : II (a) (C) 30. (B) (b) (ii) (iii) ( ) (d) (iv) : (D) (iii), (ii), (i) (ii), (iii), (i) (iii), (i), (ii) (i) (c) (A) (i), (ii), (iii) (A) ( ) (B) (C) (D) : 31. (a) (A) ` (C) S-17-13 ` (b) (c) (d) (A) (iv) (ii) (i) (iii) (B) 0.4 ` 3,000 0.6 ` 1,000 ? (ii) (iv) (i) (iii) (ii) (iv) (iii) (i) 600 (B) ` 800 (C) 1,000 (D) ` 500 (D) (iv) (iii) 15 (i) (ii) Paper-II 34. Identify the window not associated with SPSS. 36. (A) Editor (B) Syntax (C) Output In BCG Matrix which division represents the organisation s best long-run opportunities for growth and profitability ? (A) Question marks (B) Stars (C) (D) Format Cells Cash Cows (D) Dogs 35. Match the items given in Column-A with the items given in Column-B. Column A (a) A process upgrade 37. Column - B to (i) Pattern the recognition quality of the data before it is (A) SPACE Matrix moved into a (B) (b) A system that is (ii) Data and 38. data. success factor in system data mining of Stage 2 of strategy formulation consists of (B) SWOT Matrix, SPACE Matrix, BCG Matrix, the InternalExternal (IE) Matrix, and the Grand Strategy Matrix. (C) Quantitative Strategic Planning Matrix (QSPM). large data store. Codes : (b) (c) (ii) (iii) (i) (B) (iii) (ii) (i) (A) (C) (i) (D) (ii) (i) (D) EFE Matrix, the IFE Matrix and Quantitative Strategic Planning Matrix (QSPM). (ii) (iii) Paper-II Matrix (A) EFE Matrix, the IFE Matrix and the Competitive Profile Matrix (CPM). critical (iii) Operational (a) Profile is based on current (c) A QSPM Matrix (D) Competitive (CPM) Scrubbing business in real time SWOT Matrix (C) data warehouse. used to run the In a comprehensive strategy formulation framework which matrix reveals the relative attractiveness of alternative strategies and thus provides objective basis for selecting specific strategies. (iii) 16 S-17-13 (A) ( ) (A) (C) ( ) (B) (D) (C) (D) 35. ( ) - ? (B) 34. 36. : 37. (a) (i) ( ) ? (A) (B) 38. (D) (c) (iii) ( ) (C) (b) (ii) ( ) ( ) 2 (A) (B) (a) (b) (D) (i) (B) (iii) (ii) ( ) , ( ) (c) (ii) (iii) , , , - ( ) , (C) : , ( ) (i) (A) (C) (i) (ii) (iii) (D) (ii) (i) S-17-13 (iii) 17 Paper-II 39. Match the following : Term 40. List I Explanation a. Strategy Match the following : List II (a) Italian 1. Enduring statements group (b) American ii. Employment as Culture other workers of those from who simple 2. Specific are agreeable, firms. respectful and obedient rather results that than innovative, an creative organization and independent. seeks to achieve. c. Mission loyalty and consensus one business b. Vision on that distinguish Importance Culture of purpose i. (c) Mexican iii. Willing Culture 3. What do we want business to do with individuals they to become ? do not know. d. Objectives 4. Means by which long (d) Japanese term iv. A culture where Culture in you do not objectives will be soften achieved. executives with praise Codes : b c d (A) 4 3 1 2 (B) 4 2 3 1 (C) 1 3 2 4 Codes : Paper-II 3 (b) (c) (d) (A) i ii iii iv (B) iv iii ii i ii iii iv i (D) 2 (a) (C) 1 before criticize. a (D) up iii iv i ii 4 18 S-17-13 39. : 40. : (a) i. (b) ii. , , a. 1. b. 2. , c. (c) 3. ? d. iii. 4. (d) iv. : a b c : d (a) 4 3 1 (c) (d) (A) (A) (b) i ii iii iv (B) iv iii ii i 2 (B) 4 2 3 1 (C) 1 3 2 4 (C) ii iii iv i (D) 1 2 3 4 (D) iii iv i ii S-17-13 19 Paper-II 41. An Entrepreneur who is dominated more by customs, religions, traditions and past practices and he is not ready to take any risk is called as 44. (A) Quality circle (A) Drone Entrepreneur (B) (B) (C) Fabian Entrepreneur Bench marking (D) Continuous Improvement (D) Innovative Entrepreneur 42. Outsourcing Adoptive Entrepreneur (C) _______ means identifying and imitating the best in the world at specific tasks and functions. Poverty is an artificial creation. It does not belong to human civilization and we can change that and can make people come out of poverty through redesigning our institutions and policies. This preamble refers to 45. Match the following : (a) Action (i) New Actions are planning taken and old habits are broken. (b) Accounta- (ii) It is the periodic (A) Women Entrepreneurship bility review of what (B) Corporate Entrepreneurship has already been (C) Social Entrepreneurship executed. (D) None of the above 43. (c) Working the plan List I List II (Subject) (Technique) a. Entrepreneurship 1. Innovation b. Marketing 2. Promotion Mix delegation to implement Match the following : a business plan. (d) Reviewing (iv) Making decisions the relating progress order in which the to the Business plan is c. Inventory 3. Reorder Level Management implemented. d. HR Planning 4. Appraisals Codes : Codes : (a) (c) (d) (A) (ii) (iii) (iv) (i) 4 (B) (iv) (iii) (i) (ii) 2 1 (C) (i) (iv) (iii) (ii) 3 1 (D) (iii) (iv) (ii) (i) a b c d (A) 1 3 2 4 (B) 1 2 3 (C) 4 3 (D) 4 2 Paper-II (iii) It is the art of 20 (b) S-17-13 41. 42. 43. - , , , (A) (B) (C) (D) 44. (A) c 1 3 2 1 2 3 4 3 2 4 2 3 (ii) (iii) (d) (iv) : (a) (c) (d) (A) (ii) (iii) (iv) (i) (B) (iv) (iii) (i) (ii) (C) (i) (iv) (iii) (ii) (D) (iii) (iv) (ii) 1 (b) (i) 1 (D) (i) (c) 4 (C) : (b) 4 (B) (a) d (A) ( ) (D) : I II ( ) ( ) a. i. b. ii. c. - iii. d. . . iv. : b (C) 45. (B) , ? (A) (B) (C) (D) a S-17-13 21 Paper-II 46. 49. Which of the following duties is not a general duty of directors of a company ? The obligation of an organisation behave in a ethical way is known as (A) Duty of good faith (A) Knowledge about ethics (B) Duty of care (B) Social responsibility of business (C) Duty to attend Board Meeting (C) Organisational behaviour (D) Duty not to delegate (D) Business without ethics 47. The principles to be followed for corporate social responsibility are 50. (A) involvement of stakeholders. (B) (C) maintaining reporting. transparency Identify the correct sequence of steps in a value identification process : in (i) independent verification policies and outcome. of Define the role of executive in leading the staff. (ii) (D) All of the above. Learn about and discuss the power of shared values. 48. Match the following : List I (a) Value (iii) Obtain List - II leaders value that the committed based to work place. (ii) Recycling Waste (c) Indian ethos are creating (i) Aham Brahmasmi (b) Unethical behaviour consensus (iii)Bribery (iv) Provide written material the executives can share with their reporting staff. (d) Environmental (iv) Trust responsibility worthiness Codes : Codes : (a) (b) (c) (d) (A) (i), (ii), (iii) and (iv) (A) (i) (iii) (ii) (iv) (B) (iv), (ii), (iii) and (i) (B) (iv) (iii) (i) (ii) (i) (ii), (iii), (i) and (iv) (ii) (iii) (iv) (C) (C) (D) (i) (ii) Paper-II (iii) (iv) (D) (ii), (iii), (iv) and (i) 22 S-17-13 46. ? (A) (B) - (C) , (D) 49. (B) (C) (D) 47. (A) ? (A) (B) (C) (D) 50. : (ii) 48. (i) (iii) (iv) : I II (a) (b) (ii) (c) (iii) (d) (iv) (i) : : (a) (b) (c) (A) (i) (iii) (ii) (iv) (B) (iv) (iii) (i) (ii) (C) (ii) (iii) (iv) (i) (D) (i) (A) (i), (ii), (iii) (iv) (d) (ii) S-17-13 (iii) (iv) (B) (iv), (ii), (iii) (i) (C) (ii), (iii), (i) (iv) (D) (ii), (iii), (iv) (i) 23 Paper-II Space For Rough Work Paper-II 24 S-17-13

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