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Latest USET Management Exam Question (Objective Questions), MCQ in English

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Management

Question 1Single Answer

The Marshallian utility analysis is based on a less valid assumption of:

A
Cardinal measurement of utility
B
Constant marginal utility of money
C
Diminishing marginal utility of goods
D
Additivity of the utility

Question 2Single Answer

An appropriate pricing strategy for a new product to be introduced in the market will be:

A
Average/ Marginal cost-plus pricing
B
Skimming/Penetrating pricing
C
Product-line pricing
D
Differential pricing

Question 3Single Answer

Economic capacity of a plant represents the firm’s capability for:

A
Maximum physical output
B
Maximum marginal output
C
Break-even level of output and sale
D
Output that equates average and marginal costs

Question 4Single Answer

Which one of the following practices is not sought to be regulated under the Consumer Protection Act, 1986?

A
Sales of defective goods
B
Supply of services having some deficiency
C
Misleading advertisements
D
Goods supplied free of charge

Question 5Single Answer

The leadership prototype:

A
Is useful primarily for selection and training of employees
B
Uses LPC (Lease Preferred Co-worker) as an important componen
C
Depicts the image of a model leader
D
Emphasizes leadership development

Question 6Single Answer

Which is not a perceptual process stage?

A
Attention/ selection
B
Interpretation
C
Follow-through
D
Retrieval

Question 7Single Answer

Which statement is correct?

A
Goals act as the set of constraints that an organisation must satisfy
B
Deterministic goals specify the end or direction towards which the organisation applies its efforts and they can be fairly determined
C
Goals may be categorised as deterministic and constraint goals
D
All of the above

Question 8Single Answer

According to Fiedler’s Contingency Model of Leadership, which one of the following is not a situational variable?

A
Leader-Member relations
B
Task structure
C
Position power
D
Maturity of followers

Question 9Single Answer

Why is ‘procedural justice’ important in the context of the management of misconduct?

A
It reflects on the integrity of HR professionals
B
It ensures that individuals have a sense that they have been treated fairly
C
It reflects on the values and attitudes of top management
D
It protects the interest of daily wage earners

Question 10Single Answer

To be effective a points-based-rating system requires:

A
Close management control
B
Comprehensive, reliable and consistent information
C
Objectivity in assessments
D
360° assessment

Question 11Single Answer

Too much of reliance on internal recruitment can result in:

A
Reduced job performance
B
High labour turnover
C
Internal conflict
D
Poor group dynamics

Question 12Single Answer

The concept of stagnation in the context of HRM means:

A
Lack of appropriate selection criteria
B
HR staff having very limited experience outside the HR function
C
Over-reliance on the internal labour market to fill new positions
D
Lack of integration of recruitment and selection into the wider human resource function

Question 13Single Answer

Negotiations are an important aspect of the collective-bargaining process. What do they ensure?

A
That conflict is contained within manageable boundaries
B
That there is an agreement between all parties involved
C
The conflict is always resolved
D
It achieves a set of lasting agreements

Question 14Single Answer

If the going rate of interest is above the coupon rate, the bond will sell:

A
At a Premium
B
At a Discount
C
At Par
D
None of the above

Question 15Single Answer

In case the sales or project’s investment deviates from expected ones, it needs:

A
Optimistic scenario analysis
B
Sensitivity analysis
C
Simulation analysis
D
Financial break-even analysis

Question 16Single Answer

“Trading on equity” refers to:

A
Optimum capital structure
B
Appropriate capitalisation
C
Capital gearing
D
Watered capital

Question 17Single Answer

Which one of the following statements is true ?

A
Business decisions cannot be taken without a sound knowledge of Macro Economic Theories
B
Knowledge of Economic Theory is misleading in making business decisions
C
With the help of Economic Theories, it is always possible to predict the future accurately
D
Every Economic Theory is based on realistic facts which are common to all societies

Question 18Single Answer

Match the items of two lists, giving the correct code:
List-I ListII
Dividend Capitalisation Model (i)John Lintner
Dividend Relevance Model (ii)James E. Walter
Dividend Irrelevance Model (iii)MyronGordon
Dividend Payout Model (iv)Modigliani & Miller

A
Codes:
(a (b) (c) (d)
(ii) (i) (iii) (iv)
B
(i) (iv) (ii) (iii)
C
(iii) (ii) (iv) (i)
D
(iv) (iii) (i) (ii)

Question 19Single Answer

The excess payment by the new company to the amalgamating companies for the appraised value of the assets and liabilities taken over is accounted as:

A
Capital Reserve
B
Bonus Share Capital
C
Goodwill
D
Amount paid for the acquisition of the brand

Question 20Single Answer

Which of the following is direct marketing?

A
Face to face marketing
B
Catalogue marketing
C
Direct mailing
D
Test marketing

Question 21Single Answer

In marketing research, primary data can be collected through:

A
Observational Method
B
Survey Method
C
Experimental Method
D
All of the above

Question 22Single Answer

Holistic marketing does not include:

A
Internal Marketing
B
Integrated Marketing
C
Performance Marketing
D
Financial Marketing

Question 23Single Answer

Which of the following is not a distinctive characteristic of services?

A
Transparency
B
Intangibility
C
Inseparability
D
Perishability

Question 24Single Answer

To remain dominant, a market leader looks for:

A
Ways to expand total market demand
B
Attempting to protect its current share
C
Increasing its market share
D
All of the above

Question 25Single Answer

Consider the names of organisations/persons listed in List-I and their role/functions given in List-II
:List-I List-II
I.Bureau of Indian Standards (BIS)      (i)Measurement of Service quality
II.Zeithmal, Parasuraman and Berry     (ii)Measurement of quality ofeducational service
III.ISO (iii)Standardisation and quality controlof manufactured goods
National Assessment and                    (iv)Quality marking and Certification of Accreditation Council standards

A
Codes:
(a (b) (c) (d)
(i) (ii) (iii) (iv)
B
(ii) (iii) (iv) (i)
C
(i) (ii) (iii) (i)
D
(iii) (i) (iv) (ii)

Question 26Single Answer

In Linear Programming, which one of the following cases is not a type of sensitivity analysis?

A
Model building
B
Objective-function ranging
C
Pricing out
D
Right hand-side ranging

Question 27Single Answer

The upper control limit for an

2.970, is:

A
24.9
B
26.11
C
27.29
D
28.48

Question 28Single Answer

The additional cost of shortening an activity by one unit of time is:

A
Cost slope
B
Crash cost
C
Crash time
D
Least cost

Question 29Single Answer

Which method is least suited for forecasting the demand of a new product?

A
Survey of Buyers’ Intentions
B
Composite Opinions of Sales Force
C
Test Marketing
D
Time-Series Analysis

Question 30Single Answer

In a hypothesis test,

=0.05 and

=0.10, the power of the test is:

A
0.10
B
0.90
C
0.95
D
0.15

Question 31Single Answer

When performing a Chi-squarehypothesis test, what happens when expected frequencies in several cells are too small?

A
Value of ² will be overestimated
B
The null hypothesis will be more likely to be rejected than it should be
C
The degrees of freedom are greatly reduced
D
(A) and (B), but not (C)

Question 32Single Answer

Under which situation, the method of ‘experimentation, modelling, and sensitivity analysis’ is used to determine the information requirements of the management?

A
Total Uncertainty
B
High Risk
C
Low Risk
D
Certainty

Question 33Single Answer

The technique(s) that can be used in data mining is/are :

A
Non-Linear Regression Methods
B
Decision tree
C
Neural networks
D
All of the above

Question 34Single Answer

A Binomial distribution may be approximately by a Poisson distribution, if:
A.‘n’ is large and ‘p’ is large
B.‘n’ is small and ‘p’ is large
C.‘n’ is small and ‘p’ is small
D.‘n’ is large and ‘p’ is small
Codes:

A
(i), (ii) and (iii)
B
(ii) only
C
(iii) and (iv) only
D
(iv) only

Question 35Single Answer

Double taxation relief is normally provided by the country in which the parent company has its legal residence. It is provided in the following modes:
I.Credit system without deferral
II.Credit system with deferral
III.Deduction of tax paid abroad as expenditure
IV.Investment credit
I V.Tax subsidyIdentify the correct combination.
Codes

A
(i), (ii), (iii) and (iv)
B
(i), (ii), (iv) and (v)
C
(ii), (iii), (iv) and (v)
D
(i), (ii), (iii) and (v)

Question 36Single Answer

The strategies of a global firm are affected by the following factors:
I.Different countries have different labour mixes
II.The legal, economic, social and cultural environment varies from one country to another
III.Different countries have different time lines and geographical boundaries
IV.Political relationship between the home country and the host country.Indicate the correct combination.
Codes:

A
(i), (ii) and (iii)
B
(ii), (iii) and (iv)
C
(i), (ii) and (iv)
D
(i) and (ii) only

Question 37Single Answer

Match the items of List-I and List-II
:List-I                                                    List-II
A.UNCTAD I                                   (i)India
B.UNCTAD II                                  (ii)Brazil
C.UNCTAD X                                 (iii)Thailand
D.UNCTAD XI                                (iv)Switzerland
Indicate the correct marketing.

A
Codes:
(a (b) (c) (d)
(iv) (i) (iii) (ii)
B
(iii) (i) (iv) (ii)
C
(ii) (i) (iii) (iv)
D
(iv) (i) (ii) (iii)

Question 38Single Answer

In the context of International Business, whether an equal distribution of income in the host country:

A
Has nothing to do with the MNCs market segmentation strateg
B
Matters greatly to the MNCs market segmentation strategy
C
Has little impact on the MNCs market segmentation strategy
D
Has a significant impact on the MNCs market segmentation strategy if the economy is at the take-off stage

Question 39Single Answer

Statement I :Cost of retained earnings is included in the cost of equity inthe context of international business.
Statement II : Interest rate swap and currency swap are used
interchangeably in international business.

A
Statement I is true, but Statement II is false
B
Statement I is false, but Statement II is true
C
Both the Statement I and II are true
D
Both the Statement I and II are false

Question 40Single Answer

Who said – “An entrepreneur always searches for change, responds to it and exploit it as an opportunity”?

A
James Burna
B
McClellnd
C
Peter F. Drucker
D
Robert C. Ronstadt

Question 41Single Answer

Kakinada Experiment’ on achievement motivation was conducted in:

A
Uttar Pradesh
B
Jammu & Kashmir
C
Andhra Pradesh
D
Gujarat

Question 42Single Answer

The entrepreneurial process consists of the following steps:
A.Management of the resulting enterprise
B.Determination of the required resources
C.Identification and evaluation of the opportunity
D.Development of the business pain
Indicate the correct sequence.
Codes:

A
(iii) (iv) (i) (ii)
B
(iv) (i) (iii) (ii)
C
(iii) (iv) (ii) (i)
D
(iv) (i) (ii) (iii)

Question 43Single Answer

Match the items given in List-I and List-II:
List-I ListII
A.Market Research                                    (i)Sales Promotion
B.Financial Plan                                        (ii)Form of business
C.Ownership                                              (iii)Budgeting
D.Marketing Plan (iv)Exploring market opportunity
Indicate the correct marketing.
Codes:

A
(a (b) (c) (d)
(i) (ii) (iii) (iv)
B
(iv) (iii) (i) (ii)
C
(iv) (iii) (ii) (i)
D
(i) (ii) (iv) (iii)

Question 44Single Answer

TePP stands for:

A
Technology for Promotion and Production
B
Trade for Profitability and Productivity
C
Technopreneur Promotion
D
None of the above

Question 45Single Answer

Indo-American Model of Corporate Governance sets top most priority to:

A
Business Groth
B
Customers
C
Employees
D
ShareHolders

Question 46Single Answer

A good governance in corporate sector depends upon:

A
Strong political will
B
Transparency and accountability
C
Trade Union practices
D
Social and political responses

Question 47Single Answer

Corporate leaders in India in private sector are tempted by a very high target of ________ and the concerned employee has to achieve the target for promotion and stability.

A
Money making
B
Business growth
C
Product development
D
Profit

Question 48Single Answer

Corporate business ethics is _______ norms and pattern that spring from organizational view of good and bad, right and wrong:

A
Social
B
Behavioural
C
Institutional
D
Individual

Question 49Single Answer

Trade Union strike supporting political cause and affecting production activities is a problem related to:

A
Socio-economic phenomeno
B
Ethical and technical phenomeno
C
Ethical and economic phenomeno
D
Socio-politicalphenomeno

Question 50Single Answer

Match the items of List-I with those of List-II and given the correct code from the following:
List-I List-II
A.Sales maximization model                   (i) John Williamson
B.Managerial Discretion Model               (ii)R.M, Cyert and J.G. March
C.Integrative Model (iii)William J. Baumol
D.Behavioural Model (iv)Oliver Williamson
Codes:

A
(a (b) (c) (d)
(ii) (iii) (iv) (i)
B
(iii) (iv) (i) (ii)
C
(i) (ii) (iii) (iv)
D
(iv) (i) (ii) (iii)

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Management

Question 51Single Answer

Match the items of the following two lists and give the correct code for the following:
List-I List-II
A.Scale of Preferences (i) Indifference Curves
B.Inadequate Explanation of Giffen Goods (ii)Ordinal Utility
C.Curves always slope negatively (iii)Demand Curves
D.Inseparation of Income and Substitution (iv)Marshallian Utility Analysiseffects
Codes:

A
(a (b) (c) (d)
(ii) (i) (iii) (iv)
B
(i) (iii) (iv) (ii)
C
(ii) (iv) (i) (iii)
D
(iii) (ii) (iv) (i)

Question 52Single Answer

Cost-plus pricing is not suitable for:

A
Monopoly Pricing
B
Product Tailoring
C
Refusal Pricing
D
Monopsony Pricing

Question 53Single Answer

Indicate the correct code matching the items of List-I with those in List-II as follows
:List-I List-II
A.Restoring to New Technology (i) Cost reduction through output
B.Excess Capacity of the Plant (ii)Constant cost despite output
C.Employees’ Training Centres (iii)Internal economies
D.Reserve Capacity of the Plant (iv)External economies
Codes:

A
(A (b) (c) (d)
(i) (iii) (ii) (iv)
B
(iii) (i) (ii) (ii)
C
(iv) (ii) (i) (iii)
D
(ii) (iv) (iii) (i)

Question 54Single Answer

In a mixed economy, the central problems are solved through which of the following?

A
Price mechanism
B
Regulated market mechanism
C
Market mechanism and economic planning
D
Economic planning and control

Question 55Single Answer

Indicate the correct code matching and items in List-I with those in List-II as follows:
List-I                                                               List-II
a.Excess of aggregate investment    (i) Stability of National IncomeOver aggregate savings, at full
Employment level
b. Equality of aggregate income and      (ii)Recessionary gap
c.Comparatively greater decrease in     (iii)Multiplier effectIncome following a decrease in
investment
d.Aggregate expenditure being less      (iv)Inflationary gapthan national income at full employment level
Codes:

A
(a (b) (c) (d)
(ii) (iv) (i) (iii)
B
(iv) (i) (iii) (ii)
C
(iii) (ii) (iv) (i)
D
(i) (iii) (ii) (iv)

Question 56Single Answer

The study of gestures and body postures for their impact on communication is known as:

A
Kinesics
B
Proxemics
C
Semantics
D
Informal channels

Question 57Single Answer

Which of the following deals with “what, why, when and how” tasks to be performed?

A
Job Analysis
B
Job Description
C
Job Specification
D
Job Enrichment

Question 58Single Answer

According to Henry Mintberg, managers perform three roles. Indicate the one role which is not among them.

A
Decisional
B
Informational
C
Interpersonal
D
Supervisory

Question 59Single Answer

The term “workforce diversity” refers to differences in race, age, gender, ethnicity, and _________ among people at work.

A
Social status
B
Personal wealth
C
Able-bodiedness
D
Political preference

Question 60Single Answer

Match the following and indicate the correct code:
List-I                                                                         List-II
I.A form of learning through association         (i) StimulusThat involves the manipulation of Stimuli to influence behavior
II.The process of controlling behavior by          (ii) Reinforcemen tmanipulating its consequences
III.Something that incites action (iii)Operant Conditioning
IV. The administration of a consequence (iv)Classical ConditioningAs a result of behavior
Codes:

A
(a (b) (c) (d)
(i) (ii) (iii) (iv)
B
(iv) (iii) (ii) (i)
C
(iii) (iv) (i) (ii)
D
(iv) (iii) (i) (ii)

Question 61Single Answer

Which of the following techniques permits the complainant to remain anonymous?

A
The exit interview
B
The gripe-box system
C
The opinion survey
D
None of the above

Question 62Single Answer

Which of the following Acts has a direct relevance for grievance handling practices?

A
The Industrial Employment (Standing Order) Act, 1946
B
The Industrial Disputes Act, 1948
C
The Factories Act, 1948
D
All of the above

Question 63Single Answer

That the authority rests solely with the management with no right to anyone to challenge is the basis of the:

A
Pluralist Approach
B
Systems Approach
C
Unitary Approach
D
Social Action Approach

Question 64Single Answer

Which of the following is not a welfare provision under the Factories Act, 1948?

A
Canteen
B
Crèches
C
First aid
D
Drinking Water

Question 65Single Answer

A person who has ultimate control over the affairs of the factory under the Factories Act, 1948 is called:

A
Occupier
B
Manager
C
Chairman
D
Managing Director

Question 66Single Answer

In which of the following methods grievances are ascertained at the time of employees quitting the organization?

A
The exit interview method
B
The gripe-box system
C
The open-door policy
D
Opinion surveys

Question 67Single Answer

Redressal of employees’ grievances covers:

A
Positive attitude towards employees grievances and readiness to help
B
Expediting machinery for resolving employees grievances
C
Equitable salary system for all
D
Both (A) and (B)

Question 68Single Answer

Which of the following are most closely interconnected?

A
Leadership and organization structure
B
Leadership and motivation
C
Leadership and planning
D
Leadership and performance appraisal

Question 69Single Answer

_______ is defined as disputes between parties submitted and decided by a neutral third party.

A
Collective Bargaining
B
Affirmation Action
C
Arbitration
D
Negotiation

Question 70Single Answer

The appropriate method to derive the growth rate according to Dividend-Growth Model for equity valuation is:

A
Growth rate of sales over a period of time
B
Plough-back ratio multiplied with return-on-equity.
C
Plough-back ratio multiplied with net profit margin
D
Growth rate of fixed assets over a period of time

Question 71Single Answer

Match the items given in List-I and List-II and indicate the correct code:
List-I                                                                         List-II
A.The technique used in examining the (i) Hillier Modeleffect of change in one variable at a time
B.The process of developing the frequency (ii)Sensitivity
Analysisdistribution of Net Present Value C.The technique used in examining the (iii) Decision treechances of Net Present Value being
greater than zero
D.The technique used when investment ata future date is to be decided based on theprobable outcome of previous investment (iv)Simulation
Codes:

A
(a (b) (c) (d)
(i) (ii) (iv) (iii)
B
(ii) (iv) (i) (iii)
C
(iii) (iv) (i) (ii)
D
(iv) (i) (ii) (iii)

Question 72Single Answer

Match the correct option for each of the following approaches of Capital Structure theories”
List-I                                                             List-II
A..The Net Income Approach       (i) The market value of the firm is not affectedby changes in the capital structure.
B.The Net Operating                     (ii)Declining weighted-average cost of capitalIncome Approach
C.The Modigliani & Miller             (iii) The firms prefer to rely on internal accruals Proposition-Ifollowed by debt finance and external finance.
D.The Pecking Order (iv)The value of the firm depends on theTheory earnings and risk of its assets rather than theway the assets have been financed.
Codes:

A
(a (b) (c) (d)
(i) (iii) (ii) (iv)
B
(iv) (ii) (iii) (i)
C
(ii) (i) (iv) (iii)
D
(iii) (iv) (i) (ii)

Question 73Single Answer

Under the Walter Model , if the rate of return is greater than the cost of capital:

A
Price per share does not vary with the increase or decrease in dividend pay-out ratio
B
Price per share increases as the dividend pay-out ratio increases
C
Price per share increases as the dividend pay-out ratio decreases
D
None of the above

Question 74Single Answer

Which one of the following is not the major objectives of International Monetary Fund?

A
Promoting co-operation among countries on international monetary issues.
B
Giving loans to countries for the purpose of economic development
C
Promoting stability in the exchange rates
D
Promoting free mobility of capital across countries

Question 75Single Answer

Match the correct combination for Assertion and Reason as argued by Shapiro and Titman:Assertion (A): Management decisions to ensure or hedge asset appear at best
neutral mutation.
Reason (R): The price of systematic risk is identical for all participants in thefinancial market.

A
Assertion(A) is correct, but Reason (R) is incorrect
B
Assertion(A) is incorrect, but Reason (R) is correct
C
Both the Assertion(A) and Reason (R) are incorrect
D
Both the Assertion(A) and Reason (R) are correct

Question 76Single Answer

Conservative policy of working capital refers to:
1.Situation with high investment in current assets
2.Situation which stimulates sales
3.Situation with frequent production stoppages
Codes:

A
(iii) is correct
B
(ii) is correct
C
(i) is correct
D
(i) and (ii) are correct

Question 77Single Answer

DUPONT analysis refers to:

A
Earning Per Share = (Net Profit / Number of Equity Shares)
B
Return on Assets =
C
Total Assets Turnover Ratio =
D
None of the above

Question 78Single Answer

Match the following and indicate the correct code:
List-I                                                                         List-II
a.Mergers resulting into economies achieved (i) Conglomerate Mergerprimarily by eliminating the duplicatefacilities
B.Mergers resulting into expansion of company’s      (ii)Horizontal Mergerbusiness towards ultimate consumer or source
of raw material
c.Mergers in unrelated line of business (iii)Vertical Merger
Codes:

A
(a (b) (c)
(i) (ii) (iii)
B
(ii) (iii) (i)
C
(iii) (i) (ii)
D
(iii) (ii) (i)

Question 79Single Answer

Consider the following statements:
1.Usually people from the same culture, social class and occupation have the same life style.
2.The consumer buying decision will involve the same stages regardless of whether the goods involved are low or high involvement
3.“Salesmen are born, not made”.
4.The ultimate goal of a customer-oriented organization is to maximize its customer’s satisfaction. Indicate the correct answer through the codes.
Codes:

A
All the statements are true
B
Statements 1 and 2 are false, others are true
C
Statements 3 is true, others are false
D
All are false

Question 80Single Answer

Cognitive dissonance is associated with stage of the consumer buying decision process?

A
Need recognition
B
Information search
C
Evaluation of alternative
D
None of the above

Question 81Single Answer

Consider the following statements:
1.Brand equity is a function of brand awareness and brand preference.
2.Product lines trend to shorten over time
3.The Standards of Weights and Measures (Packaged Commodities) Rules, 1977 provide for the labeling rules relating to packaged commodities.
4.AIDA Model is relevant to advertising as well as physical distribution.
Codes:

A
All the above statements are false.
B
Only (iii) is true
C
(i), (iii) and (iv) are true
D
Only (i) is true

Question 82Single Answer

A marketer developing a brand name that is easy to pronounce would conduct:

A
An association test
B
A memory test
C
A preference test
D
A recall test

Question 83Single Answer

Before performing the business analysis for developing a new product, a company should be engaged in:

A
Idea screening
B
Product development
C
Marketing strategy development
D
Product positioning

Question 84Single Answer

Relationship Marketing aims at building mutually satisfying longterm relations with:

A
Customers
B
Employees
C
Marketing partners
D
All of the above

Question 85Single Answer

In the social-cultural area, marketers may not understand:

A
People’s views
B
Organization’s views
C
Society’s views
D
Government’s views

Question 86Single Answer

A manufacturer of industrial goods would use ________ sales force structure.

A
Direct-Response Advertising
B
Personal Selling
C
Telemarketing
D
All of the above

Question 87Single Answer

Which of the following is/are a type of direct marketing?

A
Direct-Response Advertising
B
Personal Selling
C
Telemarketing
D
All of the above

Question 88Single Answer

In inventory control, which one of the following factors does not affect the ROL (Re-Order Level)?

A
Average Daily Usage
B
Lead Time
C
Safety Stock
D
Holding Costs

Question 89Single Answer

The number of allocated cells in the optimal solution of a transportation problem having m rows and n columns is:

A
m + n -1
B
m + n – 1 or less
C
m + n+ 1
D
none of these

Question 90Single Answer

In a railway yard, goods train arrives at a rate of 30 trains per day. Assume that the inter-arrival time follows an exponential distribution and the service distribution is also an exponential with an average of 36 minutes. The probability that the size of the queue exceeds 10 is

A
0.944
B
0.750
C
0.250
D
0.056

Question 91Single Answer

If in the optimal solution of a linear programming problem, a non-basic variable has zero value in the C_j – Z_jrow, the problem:

A
Has no feasible solution
B
Has multiple optimal solutions
C
Is unbounded
D
(A) and (B), but not (C)

Question 92Single Answer

The best model to compute the probability that a machine functioning well in one period will continue to function or will break down in the next period is:

A
Delphi Model
B
Decision-tree Model
C
Multiplicative Model
D
Markov-Process Model

Question 93Single Answer

Statement I:

and R charts use the sample standard deviation to measureprocess variability.
Statement II:The lower control limit on an R chart is always

A
Both Statements I and II are correct.
B
Statement I is correct, but II is wrong
C
Statement I is wrong, but II is correct
D
Both Statements I and II are wrong.

Question 94Single Answer

Assuming ‘X’ as the ‘quantity of rainfall’ and ‘Y’ as the ‘agricultural yield’,, which of the following will express the regression equation of Y on X?

Question 95Single Answer

Read the following statements and indicate the correct code from given below:Statement I:A subjective probability may be nothing more than an educated guess.
Statement II:One reason that decision makers at high levels often use subjective probabilities is that they are concerned with unique situations.
CODES:

A
Statement I is correct, but Statement II is wrong
B
Statement I is wrong, but Statement II is correct
C
Both Statements I and II are correct.
D
Both Statements I and II are wrong.

Question 96Single Answer

Which of the following is a step in performing analysis of variance?1.Determine an estimate of population variance from within samples.
2.Determine an estimate of population variance from among the sample means.
3.Determine the difference between expected and observed frequency for each class.
Codes:

A
(i) and (ii) only
B
(i) and (iii) only
C
(ii) and (iii) only
D
(i), (ii) and (iii)

Question 97Single Answer

From the following, identify the decision-support systems:
1.Status enquiry system
2.Data analysis system
3.Accounting system
4.Information system
Codes:

A
(i), (ii) and (iii)
B
(ii), (iii) and (iv)
C
Only (iii)
D
(i), (ii), (iii) and (iv)

Question 98Single Answer

Arrange the following stages involved in DBMS in proper sequence:
1.Creating
2.Defining
3.Data structuring
4.Updating
5.Interrogating
Codes:

A
(i), (iii), (ii), (iv) and (v)
B
(ii), (i), (iii), (v) and (iv)
C
(iii), (ii), (v), (iv) and (i)
D
(ii), (iii), (i), (iv) and (v)

Question 99Single Answer

Which of the following are the components of data warehouses?
1.Metadata
2.Integration Programmes
3.Summarized data
4.Archives
Codes:

A
(i), (ii) and (iii)
B
(ii), (iii) and (iv)
C
Only (iii)
D
(i), (ii), (iii) and (iv)

Question 100Single Answer

For years Converse had a major share in the athletic shoe market. Then, in the 1980’s, Nike and Reebok re-invented the athletic shoe industry, and Converse changed nothing. Now Converse is a minor brand in a growth industry. According to the BCG matrix, Converse is an example of:

A
Cash Cow
B
Dog
C
Question mark
D
Star

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