MAHA SET 2015 Question Paper 2 Management

Test Booklet No.
F
MANAGEMENT
Signature and Name of Invigilator Seat No.
1. (Signature) ......................................... (In figures as in Admit Card)
(Name) ................................................ Seat No. ..............................................................
2. (Signature) ......................................... (In words)

(Name) ................................................ OMR Sheet No.
AUG - 51215 (To be filled by the Candidate)
Time Allowed : 1¼ Hours] [Maximum Marks : 100
Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates
1. Write your Seat No. and OMR Sheet No. in the space provided 1.
on the top of this page.
2. This paper consists of 50 objective type questions. Each question
will carry two marks. All questions of Paper-II will be compulsory, 2.
covering entire syllabus (including all electives, without options).
3. At the commencement of examination, the question booklet
will be given to the student. In the first 5 minutes, you are
requested to open the booklet and compulsorily examine it as 3.
follows :
(i) To have access to the Question Booklet, tear off the
paper seal on the edge of this cover page. Do not accept
(i)
a booklet without sticker-seal or open booklet.
(ii) Tally the number of pages and number of questions
in the booklet with the information printed on the (ii)
cover page. Faulty booklets due to missing pages/
questions or questions repeated or not in serial
o rder or any other discre pancy should not be
accepted and correct booklet should be obtained
from the invigilator within the period of 5 minutes.
Afterwards, neither the Question Booklet will be
replaced nor any extra time will be given. The same
may please be noted.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet. (iii)
4. Each question 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. 4. (A), (B), (C) (D)
Example : where (C) is the correct response.

A B D
(C)
5. Your responses to the items are to be indicated in the OMR
Sheet given inside the Booklet only. If you mark at any place A B D
other than in the circle in the OMR Sheet, it will not be evaluated.
5.
6. Read instructions given inside carefully.
7. Rough Work is to be done at the end of this booklet.
8. If you write your Name, Seat Number, Phone Number or put 6.
any mark on any part of the OMR Sheet, except for the space 7.
allotted for the relevant entries, which may disclose your 8.
identity, or use abusive language or employ any other unfair
means, you will render yourself liable to disqualification.
9. You have to return original OMR Sheet to the invigilator at the
end of the examination compulsorily and must not carry it with 9.
you outside the Examination Hall. You are, however, allowed
to carry the Test Booklet and duplicate copy of OMR Sheet on
conclusion of examination.
10. Use only Blue/Black Ball point pen. 10.
11. Use of any calculator or log table, etc., is prohibited. 11.
12. There is no negative marking for incorrect answers. 12.

2

Management
Paper II
Time Allowed : 75 Minutes] [Maximum Marks : 100
Note : This Paper contains Fifty (50) multiple choice questions. Each question
carries Two (2) marks. Attempt All questions.

1. The term administered price was 3. Huge Advertisement expenses are

first introduced by : called :

(A) Adam Smith (A) Revenue Expenditure

(B) Amartya Sen (B) Capital Expenditure

(C) Keynes (C) Deferred Revenue Expenditure

(D) Alfred Marshal (D) Variable Expenditure

2. When the initial price of a product 4. Gross National Products less

is high it is called : depreciation is called :

(A) Skimming Price (A) Net National Product

(B) Penetration Price (B) Gross Domestic Product

(C) Transfer Price (C) Net Domestic Product

(D) Predatory Price (D) Gross National Income

3 [P.T.O.

5. The price is fixed by intersection of 8. Match the following theories of
demand and supply curves in : attitude with its profounder and

(A) Monopoly choose the correct answer from the

(B) Perfect competition codes given below :

(C) Cartel Theories Profounders

(D) Oligopoly (A) Cognitive (1) Festinger

6. Exchange theory of Reward and Dissonance
Outcome of group formation is
Theory
profounded by :
(B) Reinforcement (2) Hovland
(A) Homans
Theory
(B) Thaibunt and Kelly
(C) Balance (3) Heider
(C) Newcomb

(D) Taylor Theory

7. The tendency of individuals is to (D) Comprehensive (4) McGuire

take less efforts when working Theory
collectively than when working
Codes :
individually is termed as :
(A) (A)–(1), (B)–(2), (C)–(3), (D)–(4)
(A) Team Failure

(B) Individual Stigma (B) (A)–(2), (B)–(3), (C)–(4), (D)–(1)

(C) Social Failure (C) (A)–(3), (B)–(1), (C)–(4), (D)–(2)

(D) Social Loafing (D) (A)–(4), (B)–(2), (C)–(1), (D)–(3)

4

11. This is not the element of The Red
9. In the Managerial Grid Theory of
Hot Stove Rule :
leadership 9.1 grid represents :
(A) Burns Immediately

(A) Country Club Management
(B) Provides Warning

(B) Organizational Man Management (C) Burns Impersonally

(D) Dismissal
(C) Improvished Management
12. Under the Workmen’s Compensation
(D) Authority-Obedience Management Act an employee who met with an

accident or had injury will be paid
10. Under the span of control concept
compensation according to principle
Mr. V.A. Graicuna has given the
of :

formula to calculate the number of (A) Higher the age higher will be

relationship is : the compensation

(B) Lower the age higher will be the
(A) N = n2[2n – 1 + (n + 1)]
compensation

(B) N = 2n[(n + 1) + (n – 1)] (C) Age has no relation with

compensation
(C) N = n[2n – 1 + (n – 1)]
(D) Compensation will be based on
(D) N = n/2[2n – 1 + (n – 1)] place of accident or injury

5 [P.T.O.

13. Central tendency and Hallow effect
15. Social Insurance and Vocational
errors occur while doing :
Training are ............................. types
(A) Job evaluation
of welfare facilities.
(B) Motivation

(C) Performance appraisal (A) Intramural facilities

(D) Negotiation
(B) Extramural facilities
14. The registrar of Unions can
(C) Basic facilities
cancel the registration of the union

when :
(D) Not required facilities

(A) Union does not have any
16. Cost of issuing new shares to the
movable or immovable property

(B) Union has rescinded any rule public is known as :

providing any matter, provision
(A) Cost of Equity
for which is required by sec. 6

(C) Union is not having any (B) Cost of Capital

political connection
(C) Floatation Cost
(D) Union does not experience trade

union leader (D) Marginal Cost of Capital

6

17. Working Capital Turnover Ratio 20. Business risk can be measured
may be classified as :
by :
(A) Activity ratio
(A) Financial Leverage
(B) Solvency ratio

(B) Operating Leverage
(C) Profitability ratio

(D) GP ratio (C) Combined Leverage

18. Which of the following is not used
(D) Both (A) and (B)
in Capital Budgeting ?
21. Which of the following is not a valid
(A) Time Value of Money
Experimental Research Design ?
(B) Sensitivity Analysis

(C) Net Assets Method (A) Before and After Research

(D) Cash Flows Design

19. Marginal cost of capital is the cost (B) Before and After with Control
of :
Group Research Design
(A) Additional Sales
(C) After only with Control Group
(B) Additional Funds
Research Design
(C) Additional Interests

(D) Additional Revenues (D) Before only Research Design

7 [P.T.O.

24. If a questionnaire designer decides
22. The process of evaluating the
to use a scale that connects two
attractiveness of different market bipolar words wherein the
respondent selects the point that
segments and selecting segments represents his or her opinion, the
designer is most likely using what
to enter is :
is called :

(A) Differentiation (A) A dichotomous question

(B) A multiple choice question
(B) Mass marketing
(C) A Likert scale

(D) The semantic differential
(C) Market targetting
25. DAGMAR approach in advertising
(D) Market segmentation is concerned with which of the
following :
23. When a marketer expresses his or (A) It is an approach for identifying
the target buyers for company’s
her vision of what the brand must
products
be and do for consumers, they are (B) It is an approach for
establishing advertising
expressing what is called :
budgets under competitive
situation
(A) A brand mission
(C) It is a systematic approach for
(B) A brand promise measuring consumer satisfaction

(D) It is an approach to target the
(C) A brand equity advertising effort at a level
in consumer communication
(D) A brand position hierarchy
8

26. Frank and Lilian Gilbreth 28. Which of the following is not a

method/technique of Demand
contributed in :

Forecasting ?
(A) Work Study
(A) Moving Averages Method

(B) Time Study
(B) Delphi Technique

(C) Motion Study
(C) Trend Analysis Technique

(D) Project Study (D) Simulation Method

27. Which of the following Quality 29. Which of the following concerns

making sound decisions under
Control Charts is based on Poisson

conditions of certainty, risk and
Distribution ?
uncertainty ?
(A) X Mean Chart
(A) Decision Theory

(B) p Chart
(B) Network Analysis

(C) np Chart
(C) Game Theory

(D) c Chart (D) Blind Theory

9 [P.T.O.

30. Which technique is used in finding 32. If H0 (Null Hypothesis) is rejected

solution for optimizing a given when it is in fact true, we have :

objective, such as profit maximization
(A) A Standard Error
or cost minimization under certain
(B) A Type I Error
constraints ?

(C) A Type II Error
(A) Quailing Theory

(D) Is not a Type of Error
(B) Waiting Line

33. In Chi-square test for independence
(C) Both (A) and (B)

of variables, the degrees of freedom
(D) Linear Programming
are .............................., where ‘m’ is the
31. In systematic sampling after a
number of rows and ‘ n ’ is the
random start ‘K’, every ......................
number of columns.
item is selected.

(A) (m × n)
(A) K + 1

(B) (m × n) + 1
(B) Kth

(C) K – 1 (C) (m × n) – n

(D) K + 2 (D) (m × n) – 1

10

36. In the case of Horizontal Integration
34. In MS project, task information is
Strategy, the firm does which one
entered in which view ?
of the following :

(A) Resource Sheet (A) The firm buys out its own

competitors at different levels of
(B) PERT Chart
value addition but in non-

complementary product lines
(C) Gantt Chart

(B) The firm buys out its own
(D) Task Sheet
competitors at different levels

of value chain but in
35. Railway Reservation System is an
complementary product lines
example of :
(C) The firm adds products which

(A) MIS are towards the source of raw

materials of production

(B) TPS
(D) The firm buys out its own

competitors at the same level
(C) DSS

of value chain as its original

(D) ESS business

11 [P.T.O.

37. Which of the following shows the 39. Which one of the following reflects

highest level of internationalization ? the strategy of adding new,

(A) Internationalization at the level unrelated products/services than

of product provided in present business

definition ?
(B) Internationalization at the level

(A) Concentric Diversification
of production

(B) Horizontal Diversification
(C) Internationalization at the level

of marketing (C) Conglomerate Diversification

(D) Internationalization at the level (D) Product Development

of consumer needs 40. Which one of the following is not a

38. Which of the following cannot be the force in Porter’s 5-forces Model ?

dimensions of strategy ? (A) Threat of Substitute Products

(A) Product Domain (B) Threat of Bargaining Power of

(B) Market Domain Buyers

(C) Supplier Domain (C) Segment Rivalry

(D) Function Domain (D) Political forces

12

41. The Micro-small and Medium 44. SIDO, which is a nodal agency
Enterprise Development Act came
stands for :
into existence in the year :

(A) 2006 (A) Small and Medium Industries

(B) 2007 Dept. of Government of

(C) 2008 Maharashtra

(D) 2009 (B) Small Industries Development

42. The source “Unexpected” : Organisation

(A) can be source of “Innovation” (C) Silk Industries Development
(B) can be problem in “Innovation” Organisation
(C) can be source of “Entrepreneurship”
(D) Sugar Industries Development
(D) can be source of “Managing
Organisation
Business”

43. The management leadership theory 45. Intrapreneurship is referred to as :

having :
(A) Entrapreneurship within the
(a) Exploitative autocrative style
organisation
(b) Benevolent autocrative style
(B) Entrapreneurship by individual
(c) Participative style
on his own
were advocated by :
(C) Entrapreneurship promoted by
(A) Rober House
Govt. agencies
(B) Fideler

(C) Blake and Mouton (D) Entrapreneurship promoted by

(D) Rensis Likert Private Industry

13 [P.T.O.

48. When companies use the courts or
46. When McDonald’s opposes an
lobby against legislation, which
increase in the minimum wages, approach are they using to deal with
a stakeholder ?
which stakeholders are they trying
(A) Confrontation strategy
to influence ?
(B) Damage control strategy

(A) Employees (C) Accommodation strategy

(D) Proactive strategy
(B) Government
49. Which of the following is not one of
the key ethical approaches to
(C) Community
making business decisions ?

(D) Social activist group (A) Utilitarianism

(B) Democratic approach
47. The duty, a company has to conduct
(C) Individualism
its affairs ethically in a manner that
(D) Rights approach

benefits both employees and larger 50. The Rainforest Action Network
(RAN) and People for Ethical
society is known as :
Treatment of Animals (PETA) are
examples of which type of
(A) Ethics
stakeholder group ?

(B) A value statement (A) Employees

(B) Government
(C) Profit maximisation
(C) Community
(D) Social responsibility (D) Social Activist Groups
14

ROUGH WORK

15 [P.T.O.

ROUGH WORK

16