UGC NET/JRF EXAM, (MANAGEMENT) December 2019

Total Questions: 100

1. Mergers and acquisitions are example of which strategy of Ansoff (2×2) matrix?

Correct Answer: (d) New Product - New market
Solution:There are several different ways of analysing the various marketing strategies. The ansoff matrix examines strategies is terms of the products offered and the markets a business competes. In the ansoff matrix, there are four different strategies-market penetration, market development, product development and diversification.

2. Which one of the following statements is true?

Correct Answer: (a) The desire for a commodity backed by ability and willingness to pay is demand
Solution:Effective demand refers to the willingness and ability of consumers to purchase goods at different prices. It shows the amount of goods that consumer are actually buying supported by their ability to pay.

3. In micro economics which among the following sequence in respect of internal issues of the business firms in correct?

Correct Answer: (a) What to produce, how to produce, how much to produce, how to determine price of product
Solution:In micro economics, the internal issues of the business firms in correct sequence are:- what to produce, how to produce, how much to produce, how to determine the price of the product.

4. Which one of the following is the sequence of selection?

Correct Answer: (a) Application blank, initial interview, employment tests, final interview, checking references, physical examination
Solution:The sequence of selection are:- Application blank, initial interview, employment tests, final interview, checking references, physical examination

5. Which one of the following is closest to the nature of decision making?

Correct Answer: (d) The process of identifying problems and opportunities and then resolving them
Solution:Decision- Making involves the selection of a course of action from among two or more possible alternatives in order to arrive at a solution for a given problem.

6. A forecasting technique in which the group consists of persons who are physically dispersed and are anonymous to one another is called

Correct Answer: (a) Delphi Technique
Solution:Delphi Technique- Its is a forecasting technique where in opinions of a panel of experts are gathered who are physicaly dispersed and the anonymous.

7. Which one of the following is NOT correct in case of indifference curves?

Correct Answer: (d) Lower indifference curves indicate a higher level of satisfaction.
Solution:Properties of Indifference curve are:-

(a) Downward sloping.
(b) Convex to the origin.
(c) Higher the indifference curve, the higher is the level of satisfaction.
(d) Cannot intersect or be tangent to each other. So, option
(d) lower indifference covers indicate a higher level of satisfaction is not correct in case of indifference curves.

8. Human Resource selection is concerned with

Correct Answer: (d) Applying appropriate technique to select a candidate
Solution:Human Resource selection is concerned with applying appropriate technique to select a candidate.

Selection is the process of choosing the most suitable person out of all the applications. It is a process of matching the qualifications of applications with the job requirements.

9. Human Resource Management (HRM) helps build successful cross border alliances by ensuring that

Correct Answer: (d) International joint ventures are staffed by high quality managers
Solution:HRM helps build successful cross border alliances by ensuring that international joint ventures are staffed by high quality managers.

Human resource management ensures that international joint ventures have top-tier managers on staff, which promotes the creation of successful multinational alliances.

10. Which one of the following is NOT a forecasting technique for assessing human resource requirement in an organisation?

Correct Answer: (d) Replacement charts
Solution:Replacement chart is not a forecasting techniques for assessing human resource requirement in an organisation actually, it is a technique used in succession planning. Ratio Analysis, trend analysis and Gaps analysis are technique used for assessing human resources requirements in an organization.