Sample Test for PAPER – II

Sri Guru Granth Sahib World University, Fatehgarh Sahib
PhD Entrance Test
Sample Test for PAPER – II
Subject: Business Management
Subject Code: 01
1) What is Strategy?
a) Setting a goal
b) Creating a vision
c) Allocation of resources
d) None of these
2) Who is the author of “Management and Moral”?
a) Riggs
b) Taylor
c) Roethlisberger
d) None of these
3) The Hawthorne experiment was carried out in ____________
a) USA
b) Britain
c) Scotland
d) France
4) The ________________ test is calculated by ranking the participants scores from lowest
to highest and then calculating the number of times ones condition is marked higher than
the other.
a) Mann Whitney
b) Mam Whitby
c) Mann Friday
d) Mann Wheatney
5) In the comparative financial statements comparison of financial data is done in the form
of_
a) Absolute data of each year in terms of rupees of the same firm
b) Increase or decrease in data over the year of the same firm
c) Increase or decrease in data of different firms
d) Any of these
6) The new industry policy announced on
a) 24-7-1991
b) 20-7-1991
c) 20-6-1992
d) 20-6-1996
7) Average Variable Cost can be expressed as
a) AVC = TC/Q
b) AVC = TVC/Q
c) AVC = Q / TVC
d) AVC = FC /Q
8) A Solution to transportation problem is degenerate when
a) The number of unoccupied cells is less than r+c-1 where r=rows and c=columns.
b) The number of unoccupied cells is equal to r+c-1.
c) The number of occupied cells is at least r+c-1.
d) The number of occupied cells is less than r+c-1.
9) On a statement of cash flows, which of the following types of activities would not be
disclosed in a separate section?
a) Operating activities
b) Investing activities
c) Financing activities
d) Contractual activities
10) Short term rupee denominated obligations issued by Reserve bank of India are known as:
a) Gilt Edged Securities
b) Treasury Bills
c) Mutual Funds
d) Bullion
11) This theory says that stocks follow random and unpredictable path:
a) Dow Theory
b) Dollar Cost Averaging
c) Random Walk Theory
d) Diversification
12) Annual Demand for a product is 20,000 units per year. Storage cost per unit is Rs. 8/- and
order cost is Rs. 200/-. The EOQ will be:
a) 4,000 Units
b) 2,000 Units
c) 1,000 Units
d) None of the above
13) The thorough & detailed study regarding jobs within an organization is
represented by:
a) Job analysis
b) Job description
c) Job specification
d) Job evaluation
14) A practice used by companies to assign their costly activities to outside providers
is known as:
a) Planning
b) Decentralization
c) Restructuring
d) Outsourcing
15) Organizational behavior depicts the:
a) Jargons used within the organization
b) Collective behavior of employees
c) Effect of society’s behavior on an organization
d) All of the given options
16) “The expected price for a product is the price at which consciously or unconsciously
value the product, it is what they think the product is worth.” Who refer this statement
a) R.S.Dawar
b) Stanton
c) Philip Cataler
d) Manson and Rath
17) The advantage of a high profit under the value pricing approach is _____________ in the
long run when there is a consumer segmentation for the product with a high recognition.
a) Anticipated
b) Motivated
c) Oriented
d) Inspired
18) Brand image concern with the
a) Good material
b) Seller
c) Purchaser
d) Particular manufacture
19) Who was said that, “A customer is the most important visitor on own premises.”
a) J.L.Nehru
b) Indira Gandhi
c) Mahatma Gandhi
d) Rajeev Gandhi
20) “An Agent middlemen negotiated purchase or sales or both but does not take title to the
goods in which he deals.” This statement is
a) Cundiff and Still
b) Stanton
c) Mc Carthy
d) All of these