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

Total Questions: 100

71. Match List-I with List-II.

List-I (Acquisition play')List-II (strategy to achieve performance premium).
 A. Acquire synergistic product market position. I Use borrowing capacity and other financial strengths to achieve an immediate performance premium
 B. Acquire a company with under utilized financial starength II Anticipate shortages and price increases in the physical assets' value Invest to exploit the resource, using distribution capacity.
 C. Acquire an under skilled company in a related industry. III Achieve scale economies of distribution production and technology
 D. Acquire an under exploited physical asset. IV Apply superior marketing, technology and production expertise to enhance the competitive position and performance of the acquisition candidate.

Choose the correct answer from the options given below.

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

The correct matching is:-

  List-I (Acquisition play')  List-II (strategy to achieve performance premium).
 A. Acquire synergistic product market position. III Achieve scale economies of distribution production and technology
 B. Acquire a company with under utilized financial starength I Use borrowing capacity and other financial strengths to achieve an immediate performance premium
 C. Acquire an under skilled company in a related industry. IV Apply superior marketing, technology and production expertise to enhance the competitive position and performance of the acquisition candidate.
 D. Acquire an under exploited physical asset. II Anticipate shortages and price increases in the physical assets' value Invest to exploit the resource, using distribution capacity.

72. Match List I with List-II.

   List-I (Buyer's Need Assessment Question)   List-II (Examples)
 A. Problem impact question I How much inventory of the product do you carry?
 B. problem discovery Question II Hove you experienced any delays in getting those materials from your current suppliers
 C. Solution value question III what effects do the delays in receiving the materials have on your production costs.
 D. situational question IV If the rejection rate on your quality inspection is reduced to under 1% how much would that save you?

Choose the correct answer from the options given below.

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

The correct matching is:-

  List-I (Buyer's Need Assessment Question)   List-II (Examples)
 A. Problem impact question III what effects do the delays in receiving the  materials have on your production costs.
 B. problem discovery Question II Hove you experienced any delays in getting those materials from your current suppliers
 C. Solution value question IV If the rejection rate on your quality inspection is reduced to under 1% how much would that save you?
 D. situational question I How much inventory of the product do you  carry?

73. Match List I with List-II.

 List-I(project   network concepts)  List-II (underlying meaning)
 A. Crashing an activity I Length of the longest path through the project network
 B. Project network  II It shows the time and cost when the activity is fully crashed
 C. Critical path III It consists of a number of nodes and a number of arcs that connects two different nodes
 D. Crash point IV taking special costly measures to reduce the duration of an activity below its normal value

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(project network concepts)  List-II (underlying meaning)
 A. Crashing an activity IV taking special costly measures to reduce the duration of an activity below its normal value
 B. Project network III It consists of a number of nodes and a number of arcs that connects two different nodes
 C. Critical path I Length of the longest path through the project network
 D. Crash point II It shows the time and cost when the activity is fully crashed

74. Match List I with List-II.

List-I(KM Model)List-II(Approach)
 A. Von Krogh and Roos  I. Sense-making
 B. Wiig II. Semantic Network
 C. Nonaka and Takeuchi III. Organisational epistemology
 D. Choo and Weick IV. Spiralling

Choose the correct answer from the options given below.

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

The correct matching is:-

  List-I(KM Model)  List-II(Approach)
 A. Von Krogh and Roos III. Organisational epistemology
 B. Wiig  II. Semantic Network
 C. Nonaka and Takeuchi IV. Spiralling
 D. Choo and Weick I. Sense-making

75. Match List I with List-II.

 List-I(Entrepreneurship Thinkers)  List-II(Entrepreneurial manifestation)
 A. Bamoul (2002)- I Innovating firms are more profitable than the non-innovators
 B. Geroski et.el. (1993) and Leiponen (2000) II Entrepreneur is a marriage broker between the what is desirable from an economic point of view and what is profitable from technological point of view.
 C. Timmons and spinelli (2007) III Entrepreneurship is a way of thinking, reasoning and acting that is approtunity obessed holistic in approach in and leadership balanced
 D. Burton klein (1917) IV In free market economies, innovation is a necessity if a firm wants to survive

Choose the correct answer from the options given below.

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

The correct matching will be:-

  List-I(Entrepreneurship Thinkers)  List-II(Entrepreneurial manifestation)
 A. Bamoul (2002)- IV In free market economies, innovation is a necessity if a firm wants to survive
 B. Geroski et.el. (1993) and Leiponen (2000) I Innovating firms are more profitable than the non-innovators
 C. Timmons and spinelli (2007) III Entrepreneurship is a way of thinking, reasoning and acting that is approtunity obessed holistic in approach in and leadership balanced
 D. Burton klein (1917) II Entrepreneur is a marriage broker between the what is desirable from an economic point of view and what is profitable from technological point of view.

76. Arrange the following steps of developing an organizational structure in sequence.

A. Enumerate and group the activities of the enterprise consistent with the determined objectives.
B. Assign the grouped activities to personnel. Similar functions should be cominbed into one position.
C. Clearly define the objectives to determine the type, stability and basic characteristics of the organization.
D. Determine the span of supervision, the types of organization, the basis of departmentation and pattern of authority structure.
E. Assess the capacities and abilities of human and other resources at the disposal of enterprise. Adapt the organization in sync with the reality.
Choose the correct answer from the options given below.

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

The steps of developing an organizational structure in sequence are:-
Step I. Clearly define the objective to determine the type, stability and basic characteristics of the organization.
Step II. Enumerate and group the activities of the enterprise consistent with the determined objectives
Step III. Assign the grouped activities to personnel, similar functions should be combined into one on position.
Step IV. Determine the span of supervision, the types of organization the basis of departmentation and pattern of authority structure
Step V. Assess the capacities and abilities of human and other renounces at the disposal of enterprise. Adapt the organization in sync with the reality.

77. Arrange the following steps of Strategic Human Resource Management in the logical sequence

A. Improve participative management.
B. To promote teamwork.
C. Shift focus from statutory participation to total participation.
D. Achieve group cohensiveness by inculcating participative management.
E. To achieve excellence in human resource management.
Choose the correct answer from the options given below.

Correct Answer: (b) E, B, D, A, C
Solution:

The steps of strategic Human Resource Management in the logical sequence are:-
Step-I To achieve excellence in human resource management
Step-II To promote teamwork
Step-III Achieve group cohesiveness by inculcating participative management Step-IV Improve participative management
Step-V Shift focus from statutory participation to total participation.

78. Sequence the following steps in the preparation of versatile and seasonal business plan.

A. Industry and market analysis.
B. Operations, marketing plan and financing.
C. Company and management team profiling.
D. Risk and contingency anlaysis.
E. Executive summary
Choose the correct answer from the options given below.

Correct Answer: (c) E, C, A, B, D
Solution:

The steps in the preparation of a versatile and seasoned business plan are:- Step-I Executive summary
Step-II Company and management team profiling
Step-III Industry and market analysis
Step-IV Operations, marketing plan and financing
Step-V Risk and contingency analysis

79. Arrange the following in the increasing (higher) order of employee participation in decision-making.

A. Joint management councils.
B. Worker's representative in the board.
C. Works Committees.
D. Worker's participation in management.
E. Worker's share in equity.
Choose the correct answer from the options given below.

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

The increasing (higher) order of employee participation in decision- making are:-

80. Following are the steps followed by finance manager in procurement of a loan for working capital. Arrange them in a proper sequence.

A. Co-ordinating the verification of assets.
B. Submission of loan proposal.
C. Estimation of Working Capital Requirements.
D. Creation of charge on Assets.
E. Document Execution.
Choose the correct answer from the options given below.

Correct Answer: (b) C, B, A, E, D
Solution:

The steps following by finance manager in procurement of a loan for working capital in a proper sequence are:-
Step-I. Estimation of working capital Requirements
Step-II. Submission of loan proposal
Step-III. Co-ordinating the verification of assets.
Step-IV. Document Execution
Step-V. Creation of charge on Assets.