UGC NTA NET/JRF Exam, Management, December-2021/June-2022

Total Questions: 100

61. Business intelligence is to improve the timeliness and quality of the input for decision making. It helps the managers to understand which of the following.

(A) Internal capabilities of the organisation
(B) Trends and future directions in the markets
(C) External environment such as economic, political, social and demographic environment
(D) Behaviour of the competitions
(E) External capabilities of the organisation
Choose the most appropriate answer from the options given below

Correct Answer: (a) A, B, C and D only
Solution:

→ The strategies and technologies that business use to analyze data and manage business information make up business intelligence (BI)
→ Business intelligence is to improve the timeliness and quality of the input for decision-making. It helps the managers to understand the following are:
• Internal capabilities of the organization.
• Trends and future directions in the markets.
• External environment such as economic political, social and demographic environment.
Behaviour of the competitors.

62. Data warehousing has various characteristics including:

(A) Focuses on modelling and analysis of data relating to specific area
(B) Data warehouse is an integration of data from various systems like CRM system SCM system etc
(C) The time varient for a data warehouse has a historical perspective for example, past 10-20 years
(D) It is stored permanently į.e. data once stored cannot be updated
(E) It is stored temporarily i.e. date once stored can be updated
Choose the most appropriate answer from the options given below

Correct Answer: (b) A, B, D only
Solution:

Data warehousing has various characteristics including:-
• Subject oriented- Focuses on modelling and analysis of data relating to a specific area.
• Integrated - Data warehouse is an integration of data from various system like CRM system, SCM system. etc.
• Time variant - The data collected in a data warehouse is identified with a particular time period.
• It is stored permanently i.e. data once stored can not be updated.

63. In regression model, assumptions of error term are:

(A) Zero mean assumption
(B) Constant variance assumption
(C) Dependence assumption
(D) Independence assumption
(E) Normally assumption
Choose the correct answer from the options given below

Correct Answer: (d) A, B, D, and E only
Solution:

•  An important assumption of the classic linear regression model is that the error terms have a conditional mean of zero. The sum of the residuals always equals zero.
• The homoskedasticity assumption states that for all observations, variance of residual is the same.
• Linear regression model assumes that error, terms are independent. This means that the error term of one observation is not influenced by the error term of another observation.
• The normality assumption requires that the residuals from the model should be normally distributed.

64. Reason(s) for sickness in small industries in India are :

(A) Minimal use of artificial intelligence in business
(B) Inability to cope up with large market size
(C) Lack of innovation and technology focus
(D) Direct and indirect competition from foreign players
(E) Absence of regulatory support
Choose the most appropriate answer from the options given below

Correct Answer: (d) B, C, D only
Solution:

According to (RBI), a small-scale unit should considered as sick if it has at the end of any accounting year, accumulated losses equal to or exceeding 50% of its peak net worth in the immediately preceding 5 according years.
→ The reasons(s) for sickness in small industries in India are:-
• Inability to cope up with large market size.
• Lack of innovation and technology focus.
• Direct and indirect competition from foreign players.

65. Innovative small forms are more likely to be in existence in which of the following sectors?

(A) Knowledge-services
(B) Biotechnology
(C) Information technology
(D) Automobiles
(E) Cement
Choose the most appropriate answer from the options given below

Correct Answer: (c) A, C only
Solution:

Innovative small firms are more likely to be in existence in knowledge based services and information technology sectors.

66. Match List-I with List-II

  Management concept and theories      Description
 (A) System theory (I) Customer oriented approach emphasizing human resources and quantitative methods to continuously improve.
 (B) Contingency theory (II) Concerned with formal patterns of arrangements and relationship developed by management.
 (C) Organization design (III) Based on open-systems theory and recognizes that there are many internal and external factors that influence organizational behaviour.
 (D) Total Quality Management (IV) All parts of an organisation are interrelated and dependent on one another

Choose the correct answer from the options given below:

Correct Answer: (a) A-IV, B-III, C-II, D-I
Solution:
 Management concept and theories  Description
 (A) System theory (IV) All parts of an organisation are interrelated and dependent on one another
 (B) Contingency theory (III) Based on open-systems theory and recognizes that there are many internal and external factors that influence organizational behaviour.
 (C) Organization design (II) Concerned with formal patterns of arrangements and relationship developed by management.
 (D) Total Quality Management (I) Customer oriented approach emphasizing human resources and quantitative methods to continuously improve.

67. Match List-I with List-II

  List-I  List-II
 Big five Personality Traits Descriptive characteristics
 A. Agreeableness I. Assertive
 B. Emotional stability II. Imaginative
 C. Extroverson III. Trusting
 D. Openness to experience IV. Secure

Choose the correct answer from the options given below:

Correct Answer: (b) A-III, B-IV, C-I, D-II
Solution:

The correct matching is:

  List-I  List-II
  Big five Personality Traits  Descriptive characteristics
 A. Agreeableness III. Trusting
 B. Emotional stability IV. Secure
 C. Extroverson  I. Assertive
 D. Openness to experience II. Imaginative

68. Match List-I with List-II

  List-I  List-II
  Life Cycle of an MNC  Staffing approach
 (A) Setting up the host unit. (I) Polycentric approach is preferred.
 (B) Establishing the technology team to begin core operational activities. (II) Distinctly polycentric approach
 (C) Full blown operations of the host unit with significant role in establishing global objectives and targets. (III) Distinctly polycentric approach could get to geocentric approach.
 (D) Strong operational leadership at the unit level while globally consolidating with parent company. (IV) Usually an ethnocentric or a geocentric approach

Choose the correct answer from the options given below:

Correct Answer: (b) A-IV, B-I, C-II, D-III
Solution:

The correct matching is:

  List-I   List-II
  Life Cycle of an MNC  Staffing approach
 (A) Setting up the host unit. (IV) Usually an ethnocentric or a geocentric approach
 (B) Establishing the technology team to begin core operational activities. (I) Polycentric approach is preferred.
 (C) Full blown operations of the host unit with significant role in establishing global objectives and targets. (II) Distinctly polycentric approach
 (D) Strong operational leadership at the unit level while globally consolidating with parent company. (III) Distinctly polycentric approach could get to geocentric approach.

69. Match List-I with List-II

   List-I  List-II
  Cost and financial concepts  Mechanism and Measures
 (A) Financial leverage (I) Contribution margin ÷ EBIT
 (B) Contribution margin (II) (EBIT) ÷  (EBIT - Interest)
 (C) Operating leverage  (III) (Contribution margin) ÷   (EBIT -  interest)
 (D) Combined leverage (IV) Sales - Variable Costs

Choose the correct answer from the options given below:

Correct Answer: (d) A-II, B-IV, C-I, D-III
Solution:

The correct matching is:

   List-I  List-II
  Cost and financial concepts  Mechanism and Measures
 (A) Financial leverage (II) (EBIT) ÷  (EBIT - Interest)
 (B) Contribution margin (IV) Sales - Variable Costs
 (C) Operating leverage (I) Contribution margin ÷ EBIT
 (D) Combined leverage (III) (Contribution margin) ÷   (EBIT -  interest)

70. Match List-I with List-II

   List-I    List-II
  Characteristic based price factors  Descriptions
 (A) Volatility (VOL) (I) Captures deviations from linearity in the relationship between returns and firm size.
 (B) Momentum (MOM) (II) Uses returns to firms outside the equity universe to account for risk dimensions not captured by the other risk factors.
 (C) Size Non Linearity (SNL) (III) Differentiates between stocks with positive and negative excess returns in the recent past.
 (D) Non-estimation Indicator (NEI) (IV) Captures both long term and short term dimensions of relative returns variability

Choose the correct answer from the options given below:

Correct Answer: (b) A-IV, B-III, C-I, D-II
Solution:

The correct matching is:

   List-I    List-II
 Characteristic based price factors Descriptions
 (A) Volatility (VOL) (IV) Captures both long term and short term dimensions of relative returns variability
 (B) Momentum (MOM) (III) Differentiates between stocks with positive and negative excess returns in the recent past.
 (C) Size Non Linearity (SNL) (I) Captures deviations from linearity in the relationship between returns and firm size.
 (D) Non-estimation Indicator (NEI) (II) Uses returns to firms outside the equity universe to account for risk dimensions not captured by the other risk factors.