UGC NET Management Dec 2010

1)Under perfect competition in the long run
A)All firms earn normal profits
2)If there is a single buyer it is called---Monopsony
3)Communication can be--Both oral and written
4)What are the operative functions of HRM? Organizing,Directing,Controlling
5)Which one is not a performance appraisal method--Balance score card
6)Selection of persons in an organization is the responsibilty of --Personnel dept
7)Labour welfare facilities were incorporated in which legislation?Factories act
8)Job analysis involves-Job description and job specification
9)Which one of the following represents number of years required to recover the initial investment-Payback period
10)Which of the following is not the element of promotion mix-Place
(Correct is Advertising, Personal selling, Publicity )
11)If a company uses its company name for its entire range of products offered, then it is called-
Product line branding
12)Fixed position layout is used when--The operations requires heavy tools and equipment
13)Firms choose a focus strategy to serve the needs of which of the following--Different segment of a product line
14)Which of the following is not the component of work study-Case study
(Correct are Work measurement,Time study,Motion study)
15)Which of the following is the characteristics of a strategic business unit
---It owns responsibility for its own profitability
16)Which one of the following is not a generic strategy-Group focus
(Correct is Cost leadership,Product differentiation,Cost focus)
17)A retrenchment strategy is designed to reduce--The scale and scope of the business operations
18)World trade organization provides--Rule based multilateral trading system
19)Sick enterprise is referred to BIFR
20)Which of the following is not related to business ethics--Profiteering

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