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