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Test Paper : II
Test Subject : MANAGEMENT
Test Subject Code : K-1015
Test Booklet Serial No. : _______________________
OMR Sheet No. : _________________________________
Roll No. (Figures as per admission card)
Name & Signature of Invigilator/s
Signature : _________________________________Name : _________________________________
Paper : IISubject : MANAGEMENT
Time : 1 Hour 15 Minutes Maximum Marks : 100
Number of Pages in this Booklet : 24 Number of Questions in this Booklet : 50
K-1015 1 ���������/P.T.O.
Instructions for the Candidates1. Write your roll number in the space provided on the top of this page.2. This paper consists of fifty multiple-choice type of questions.3. At the commencement of examination, the question booklet will
be given to you. In the first 5 minutes, you are requested toopen the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the paperseal on the edge of the cover page. Do not accept abooklet without sticker seal or open booklet.
(ii) Tally the number of pages and number of questionsin the booklet with the information printed on thecover page. Faulty booklets due to pages/questionsmissing or duplicate or not in serial order or anyother discrepancy should be got replaced immediatelyby a correct booklet from the invigilator within theperiod of 5 minutes. Afterwards, neither the QuestionBooklet will be replaced nor any extra time will be given.
4. Each item has four alternative responses marked (A), (B), (C)and (D). You have to darken the oval as indicated below on thecorrect response against each item.
Example : A B C D
where (C) is the correct response.
5. Your responses to the questions are to be indicated in the OMRSheet kept inside the Paper I Booklet only. If you mark at anyplace other than in the ovals in the Answer Sheet, it will not beevaluated.
6. Read the instructions given in OMR carefully.7. Rough Work is to be done in the end of this booklet.8. If you write your name or put any mark on any part of the OMR
Answer Sheet, except for the space allotted for the relevantentries, which may disclose your identity, you will render yourselfliable to disqualification.
9. You have to return the test OMR Answer Sheet to the invigilatorsat the end of the examination compulsorily and must NOTcarry it with you outside the Examination Hall.
10. You can take away question booklet and carbon copy of OMRAnswer Sheet soon after the examination.
11. Use only Blue/Black Ball point pen.12. Use of any calculator or log table etc., is prohibited.13. There is no negative marks for incorrect answers.14. In case of any discrepancy found in the Kannada
translation of a question booklet the question in Englishversion shall be taken as final.
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������� Total Number of Pages : 24
Paper II 2 K-1015
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������� Total Number of Pages : 24
K-1015 3 Paper II
1. In the long run, profit maximizing firm will
choose to exit a market when
(A) Fixed cost exceed sunk costs
(B) Average fixed cost is rising
(C) Revenue from production is less
than total costs
(D) Marginal cost exceeds marginal
revenue at the current level of
production
2. Demand is a function of
i. Income
ii. Price
iii. Advertising
iv. Consumers
Codes :
(A) i and ii
(B) ii and iii
(C) iii and iv
(D) ii and iv
MANAGEMENTPaper – II
Note : This paper contains fifty (50) objective type questions. Each question carriestwo (2) marks. All questions are compulsory.
3. Assertion (A) : Giffen goods are
goods for whichdemand increases asprice of related goodsincreases.
Reasoning (R) : Goods for whichdemand increases asincome increases.
(A) (A) and (R) are correct
(B) (A) and (R) are not correct
(C) Only (A) is correct
(D) Only (R) is correct
4. Arrange the following steps involved incapital budgeting prices in the order inwhich they appear.
i. Calculating Net Present Value(NPV)
ii. Projecting Cash Flows
iii. Comparison of NPV and IRR
iv. Calculating Internal Rate of Return(IRR)
Codes :
(A) iii i iv ii
(B) ii i iv iii
(C) i ii iii iv
(D) ii iii iv i
������� Total Number of Pages : 24
Paper II 4 K-1015
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������� Total Number of Pages : 24
K-1015 5 Paper II
5. Match the following :
List – I List – II
a. Veblen 1. Macro-Economics
goods
b. Total cost 2. Isoquants
c. Fixed cost 3. Snob appeal
d. G. D. P. 4. Production function
Codes :
a b c d
(A) 4 2 1 3
(B) 3 4 2 1
(C) 3 2 1 4
(D) 2 3 1 4
6. The most significant management skills
are
(A) Technical, Human and Conceptual
(B) Technical, Behavioral and
Conceptual
(C) Human, Conceptual and
Systematic
(D) Technical, Human and Cognitive
7. Perception involves
I. Selecting information
II. Interpreting information
III. Organizing information
IV. Disseminating information
Option :
(A) I III II
(B) I IV III
(C) I II IV
(D) II III IV
8. Assertion (A) : Employee satisfaction
leads to high
performance.
Reasoning (R) : Financial incentives
lead to high employee
satisfaction.
(A) Both (A) and (R) are true
(B) Both (A) and (R) are false
(C) (A) is true and (R) is false
(D) (R) is true and (A) is false
������� Total Number of Pages : 24
Paper II 6 K-1015
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(B) ii iv i iii
(C) i ii iii iv
(D) iv ii iii i
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11. (�������2�������D������ ������ ���DO��c��2���(5��E����"��2�����&�%(A) *8�G050��(��(5��E2����(B) �(�,��$1��.��(5��E2����(C) *����L��(5��E2����(D) �5�Ec�(���� ! .��(5��E2����
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������� Total Number of Pages : 24
K-1015 7 Paper II
9. Identify the sequence through which
‘Active Listeners’ constantly cyclethrough
i. Interpreting
ii. Sensing
iii. Responding
iv. Evaluating
Codes :
(A) ii iii iv i
(B) ii iv i iii
(C) i ii iii iv
(D) iv ii iii i
10. Match the following :
List – I List – II
a. Joseph Luft and 1. HawthorneHarry Ingram experiment
b. A. H. Maslow 2. Transactionalanalysis
c. Eric Berne 3. Johari Window
d. Elton Mayo 4. Need Hierarchy
theory
Codes :
a b c d
(A) 1 2 3 4
(B) 2 3 4 1
(C) 3 4 2 1
(D) 4 1 3 2
11. Select the Human Resource Managersfunction from the following
(A) Administrative function
(B) Auditing function
(C) Operative function
(D) Public relations function
12. Responsibilities of a HR Manager are :
I. Identifying right person for right job
II. Orienting, Training andCompensating him
III. Impressing the employee jobperformance
Codes :
(A) I only
(B) II only
(C) All of the above
(D) I and III only
13. Assertion (A) : Companies areincreasinglybecoming competitive.
Reasoning (R) : Globalization,
technological
advances and
deregulation are
forcing them to
become competitive.
(A) (A) is true and (R) is false
(B) (A) and (R) are true
(C) (A) is false and (R) is true
(D) (A) and (R) are false
������� Total Number of Pages : 24
Paper II 8 K-1015
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(B) iv v i iii ii
(C) iv iii v ii i
(D) ii i iii v iv
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������� Total Number of Pages : 24
K-1015 9 Paper II
14. Arrange the following job evaluationmethods in sequence
i. Select compensable factors
ii. Combine ratings
iii. Rank jobs
iv. Obtain job information
v. Select and group jobs
Codes :
(A) v iv i ii iii
(B) iv v i iii ii
(C) iv iii v ii i
(D) ii i iii v iv
15. Match the following :
List – I List – II
i. 360° method a. Training method
ii. Promotion b. Motivation theory
iii. Vestibule c. Performance
method appraisal technique
iv. Modern d. Source of
Theory X and Y recruitment
Codes :
i ii iii iv
(A) b d a c
(B) c b d a
(C) d c a b
(D) c d a b
16. The basic objective of FinancialManagement is
(A) Maximization of profits
(B) Ensuring financial discipline in theorganization
(C) Maximization of assets value andsales
(D) Maximization of share holderswealth
17. Which of the following are leverageratio’s ?
i. Liquidity ratio
ii. Debt equity ratio
iii. Return on capital employed ratio
iv. Interest coverage ratio
Codes :
(A) i, ii are true (B) i, iii are true
(C) ii, iii are true (D) ii, iv are true
18. Assertion (A) : Money has time value.A rupee today is morevalue than a rupee ayear hence.
Reasoning (R) : Mobile phone pricesdrastically come downover the time than ayester years.
(A) Both (A) and (R) are true
(B) Both (A) and (R) are false
(C) (A) is true but (R) is false
(D) (A) is false but (R) is true
������� Total Number of Pages : 24
Paper II 10 K-1015
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(B) II I IV III
(C) IV III II I
(D) III II IV I
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1.����������P�X I. s��JY��!���5�d*������!���52��FG���0���
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3.�2��0��P�X III. <0��O0��������DE��)��3(�����2�G(2����
4.��'.5���P�X� IV. �252����P�X�*����0����S &������ ��5.�O- �
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1 2 3 4
(A) I III IV II
(B) III II I IV
(C) IV III I II
(D) II IV III I
21. t'(�����0����;�(��(� ���2����(A) *���n��� �DS&2���� Q�02
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(� ���2����(D) -��p�(� ���2����Q�02�*���n����DS&
22. ��(�������2�������<��� O5�����5�D@�OE�� (�4g2�������D�����Z
I. ��JWE2����<���(���d�����(�9�>(���5�����KII. ?��2������'+��2��--.���D���(�Y>2������III. <&�(�3��)�g���B�3(IV. /Ls����0�����/L�es�2�����Q�02���$���0����� ��#�������H(A) I, III���C��8�����$(B) III, II�C��8�����$(C) I, II�C��8�����$(D) III, IV�C��8�����$
23. ��.��5M����(A) [ !)��0�(��c��$2� ���\b�����0���� �5�Y�E\b���2������"02���(���m �� ? ����Y���0����*���n��2�����<�(51��D3(�8��0���%
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������� Total Number of Pages : 24
K-1015 11 Paper II
19. Arrange the following steps ofamalgamation procedure in which theyappear. Use the codes given below :
I. Intimation to stock exchanges
II. Examination of object clauses
III. Application to the High Courts
IV. Approval of the draft amalgamationproposal by the respective boards
Codes :
(A) I II III IV
(B) II I IV III
(C) IV III II I
(D) III II IV I
20. Match the following :
List – I List – II
1. Sunk Cost I. Remain invariantwith changes inoutput
2. Opportunity II. Summation of allCost direct costs
3. Fixed Cost III. Can be earned onthe best alternativeinvestment
4. Prime Cost IV. Already incurredand cannot bereversed
Codes :
1 2 3 4
(A) I III IV II
(B) III II I IV
(C) IV III I II
(D) II IV III I
21. Brick-and-click companies are
(A) Start-ups with online site forinformation
(B) Existing ones with online site forinformation
(C) Proposed companies with onlinesite for information
(D) Foreign companies with online sitefor information
22. Which of the following are attributed forcore competency ?
I. Is difficult for competitors to imitateII. Has applications in a wide variety
of marketsIII. Requires very low capital outlayIV. Applicable well with only ITs and
ITesCodes :(A) I, III are true (B) III, II are true(C) I, II are true (D) III, IV are true
23. Assertion (A) : The wide spreadpenetration of cellphones and smartphones allowspeople to connect tothe internet and placeonline orders on themove.
Reason (R) : GPS type featurescan help identifyshopping or purchaseopportunities forconsumers for theirfavourite brands.
(A) Both (A) and (R) are false
(B) Both (A) and (R) are true
(C) (A) is true but (R) is false
(D) (A) is false but (R) is true
������� Total Number of Pages : 24
Paper II 12 K-1015
24. !��(�5�������D���(�Y>���������2� 3���� 0�)�q$����.5E��2���������2�������(��(� 8� &�%<��2������$�D���)� 0�2������"��(�'��5��Q��3�
I. �DS&2����1��.��II. 0� ���2������"�2�����&��������III. q$���������.5E��IV. ���DE��2������$p� ��� ��#��������H(A) III IV I II
(B) IV II III I
(C) II I IV III
(D) I II IV III
25. )� ���!�#�$�[��YZ��– I ��YZ��– II
1.< 0�2�E0��B�3( I.<��(�4H���� ����5�De(���$d5��2������")� ��������5@�E2����
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�� ��#�������H1 2 3 4
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(D) II I III IV
26. 0� 0�'Q5u����� ��'+��2�� <@�5� �MN O����"���2� 8��� ���� ����$���&������ �(�P5r�����C ���(A) ���5@�E(B) F05J���(C) 0� 0�'Q5u������'+��2�(D) 0� 0�'Q5u������0������';'+��������>2��8��-(
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I. < �5c���D8�������II. +��c�2����III. �O������(�'-��(���gIV. 0�� !������
�� ��#�������H
(A) I���0���� III(B) I ��0���� II(C) II ��0���� III(D) III ��0���� IV
28. ��.��5M����(A) [ ?G���q�B�� ��0���� �56�)=X����� ��v5�+��c�5��'+��2��0� 0�'����"!�����52��0���%
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������� Total Number of Pages : 24
K-1015 13 Paper II
24. Arrange the steps involved in buyingdecision process in consumer marketsin which they appear. Use the codesgiven below :
I. Information search
II. Problem recognition
III. Purchase decision
IV. Evaluation of alternatives
Codes :
(A) III IV I II
(B) IV II III I
(C) II I IV III
(D) I II IV III
25. Match the following :
List – I List – II
1. Latent demand I. Products that haveundesirable socialconsequences
2. Unwholesome II. Consumer dislikedemand products
3. Non-existent III. Uninterested indemand product
4. Negative IV. Consumers maydemand share a strong
need that can’t besatisfied by existingproduct
Codes :
1 2 3 4
(A) IV III I II
(B) IV I III II
(C) III II I IV
(D) II I III IV
26. Application of technology or process to
the raw material to add value in
known as
(A) Product
(B) Production
(C) Application of Technology
(D) Combination of Technology andProcess
27. Two important functions that are to bedone by the production department are :
I. Forecasting
II. Planning
III. Scheduling
IV. Loading
Codes :
(A) I and III (B) I and II
(C) II and III (D) III and IV
28. Assertion (A) : Linear programmingtechnique is used forminimizing cost andmaximizing profit.
Reasoning (R) : Linear programmingtechnique is used tooptimize the scarceresources.
(A) Both (A) and (R) are true
(B) Only (A) is true and (R) is false
(C) Only (R) is true and (A) is false
(D) Both (A) and (R) are false
������� Total Number of Pages : 24
Paper II 14 K-1015
29. (��2� � (�L>����� � �� (�0�2������"� �!���(� 8��(�'��!��j5�w<���(�'��5��Q��3�
��';'+������5 �2������"�����2� 3�%
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II. �5 �2��������j&
III. �5 ��p����
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�� ��#�������H
(A) I II III IV
(B) I III IV II
(C) II I III IV
(D) I IV II III
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33. Y = 5 – 2x C !�< �5c����-��(���g����"� �����DS&��Y�2�<���3�����;4i��(�$������(�������2�����������O�����$��&�������D�������0�O�Z
i. Y ���v� 2 ��0�����'0O�;��������ii. ?GQ5�5���������v�y�d50��(�5��iii. ��v�-�������� ! .����'&t t���0����� ��#�������H
(A) i ��0���� ii (B) i ��0���� iii(C) ii ��0���� iii (D) i, ii ��0���� iii
������� Total Number of Pages : 24
K-1015 15 Paper II
29. Arrange the following in the order in
which they occur. Use the codes given
below :
The queuing process includes
I. Input Sequence
II. Queuing System
III. Queue Discipline
IV. Service Mechanism
Codes :
(A) I II III IV
(B) I III IV II
(C) II I III IV
(D) I IV II III
30. Match the following :
List – I List – II
a. Layout 1. Linear
programming
b. Demand 2. Quality levels
forecasting
c. Markov analysis 3. Process
d. S Q C 4. Delphi technique
Codes :
a b c d
(A) 3 4 1 2
(B) 3 1 2 4
(C) 4 1 2 3
(D) 2 1 3 4
31. Which of the following are mutually
exclusive outcomes in the rolling of twodice ?
(A) A total of 5 points and a 5 on onedie
(B) A total of 7 points and an evennumber of points on both dice
(C) A total of 8 points and an oddnumber of points on both dice
(D) A total of 10 points and a 4 on onedie
32. A binomial distribution may beapproximated by a Poisson distribution if
i. n is large and p is large
ii. n is small and p is large
iii. n is small and p is small
Codes :
(A) i and iii (B) i and ii
(C) ii and iii (D) i, ii and iii
33. Suppose the estimating equationY = 5 – 2x has been calculated for a setof data. Which of the following is truefor this situation ?
i. The Y-intercept of the line is 2
ii. The slope of the line is negative
iii. The line represents an inverserelationship
Codes :
(A) i and ii (B) i and iii
(C) ii and iii (D) i, ii and iii
������� Total Number of Pages : 24
Paper II 16 K-1015
34. �O05O�����-1��9�d�)������0���� _____ Q�0_______ ��8�� ���_______ �� vO%
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0� 0�'Q5u��� ���P�X�(�3��*2��������� ��#�������H
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38. (������)�G(2������ {<��a�\�a�2�'�@��(�>��� |��'(5�����$�D�Z
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B. ?0���� ������� 0� 0� '2�G2� )�������n-WO�(���g�<0�OW(��<�5��(5$�D����0������0� 0�'���)����2��$��D���(�Y>�����5�^���5������F0� J� � "2 �� ���� "� <@�5��2������"�)P5X���D�5���D8�������%
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������� Total Number of Pages : 24
K-1015 17 Paper II
34. Analysis of variance compares the_____ with the _______ to get _______statistic.
(A) Within-column variance, between-column variance, F
(B) Population mean, sample mean, T
(C) Population mean, standarddeviation, Z
(D) F, Z, total
35. Match the following :
List – 1 List – 2
a. Accounting 1. Requirementinformation system Analysis
b. Probability 2. Executivesampling Support
Systems
c. Information 3. Stratifiedsystem Sampling
d. System Analysis 4. OrderProcessing
Codes :a b c d
(A) 2 1 4 3(B) 2 4 3 1(C) 4 2 3 1(D) 4 3 2 1
36. Which among the following is atechnique for looking at your position inyour sector, field or market ?
(A) Competitor Analysis
(B) Industry Analysis
(C) Strategic Group Mapping
(D) Competitive Advantage Technique
37. Which among the following reasons arethe strengths of a differentiation strategy- oriented company ?
I. Access to leading scientificresearch
II. Corporate reputation for quality andinnovation
III. High level of expertise inmanufacturing process engineering
IV. Product uniqueness and valueaddition
V. Access to the capital needed toinvest in technology that will bringcosts down
Codes :
(A) I, II and V (B) I, III and IV
(C) I, IV and V (D) I, II and IV
38. Which among the following statementsare correct according to ‘Ansoff’s GrowthVector ?
A. Market penetration has the lowestrisk when compared to marketdevelopment and productdevelopment and this strategy aimsin selling more of the establishedproducts or services to establishedcustomers.
B. Diversification has got the highestrisk when compared to other threestrategies and this strategy aims inselling more of the establishedproducts or services in new market.
(A) Both A and B are correct
(B) Only A is correct
(C) Only B is correct
(D) Both A and B are incorrect
������� Total Number of Pages : 24
Paper II 18 K-1015
39. *�x}8��P5 8����� {��P��� (5��E-.5��2������"<�����$���0����|�(������<���(�'������"���'�5�^���K
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40. )� ���!�#�$�:��YZ� – I ��YZ� – II
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iv. ! 8�5���-1��9�d d. t�e�B���H2�5 ���L'(�a
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41. 5H�Q�O���O-����-p9�>��2��g2��������D�������$ ���Z
(A) ;'+��L-L�];'�Dp� _(B) ?����9���(C) *(�'��g(5$(D) *0��-15A��
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������������ ��#��������H(A) i iii ii iv
(B) iii iv i ii
(C) ii iii iv i
(D) iv ii iii i
43. ��"��2����� (A) : ��g�� � ��'�Dg��� ( n25$(* 0�$(�5����0����B5)�O5�<��(�� (5��g2�G ��<�5���2�O(,�t����0���%
� #,X���� (R) : F��O����� � ��!��&��'0#� �5�� �<�5���2�OF Y52��0���%
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(D) (A) ��0����(R) C��8���0����J
������� Total Number of Pages : 24
K-1015 19 Paper II
39. Alfred Chandler proposed the followingsequence in ‘structure follows strategy :
i. New administrative problemsemerge
ii. New strategy is created
iii. New appropriate structure isinvented
iv. Economic performance declines
v. Profit returns to its previous level
Codes :
(A) ii i iv iii v
(B) iv i iii ii v
(C) ii iii i v iv
(D) iv i ii iii v
40. Match the following :
List – I List – II
i. Porters generic a. lower cost andcompetitive differentiationstrategies
ii. Co-operative b. Collusion andstrategies strategic
alliances
iii. Directional c. Growth,strategies stability and
retrenchmentstrategies
iv. Portfolio d. BCG growth-analysis share matrix
Codes :
i ii iii iv
(A) a c b d
(B) a d b c
(C) a b d c
(D) a b c d
41. Which one of the following is not acharacteristic of an entrepreneur ?
(A) Creativity
(B) Innovation
(C) Aggressive
(D) Self-confidence
42. There are well defined steps followedin most brainstorming sessions.Arrange these as they appear in orderusing the code given below :
i. Select a leader
ii. Set the stage
iii. Define the problem
iv. Select the participants
Codes :
(A) i iii ii iv
(B) iii iv i ii
(C) ii iii iv i
(D) iv ii iii i
43. Assertion (A) : Small scale industryfalls sick due to manylacunas internallyand externally.
Reasoning (R) : Labour intensivenature of industrymakes it sick.
(A) Both (A) and (R) are true
(B) (A) is true but (R) is false
(C) (A) is false but (R) is true
(D) Both (A) and (R) are false
������� Total Number of Pages : 24
Paper II 20 K-1015
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K-1015 21 Paper II
44. Once a potential target for purchase ofbusiness has been identified, the nextlogical step is to throughly investigatethe business. So there appears astep-by-step process to investigate abusiness. Use the code given belowand arrange in sequence.
I. Site visitII. NegotiationIII. AssessmentIV. Additional information collectionV. TransitionVI. Preliminary information collectionCodes :(A) II IV VI III I V(B) VI I III IV II V(C) III IV V II VI I(D) I III II VI V IV
45. ________ involves interaction betweenventure capitalists and entrepreneursregarding investment in businessproposals .
(A) Preliminary screening
(B) Deal initiation
(C) Post investment activities
(D) Conditional loans
46. What is meant by the phrase‘teleological ethics’ ?
(A) It is used to judge is an action right,fair and honest
(B) An action can only be judged by itsconsequences
(C) Developing the individual personalcharacteristics
(D) The key purpose of ethics is toincrease freedom
47. Which of the following is not usually the
objective of a code of ethics ?
i. to create an ethical workplace
ii. to evaluate the ethical components
of the proposed actions of the
employees
iii. to improve the public image of the
company
iv. to enhance the profits of the
business continuously
Codes :
(A) i, ii and iv
(B) i, ii and iii
(C) iv only
(D) i and ii only
48. “Green washing” means
(A) Transforming products to be more
ethical
(B) Making a product appear more
ethical than it really is
(C) Converting the company to green
production methods
(D) Convincing customers to buy
ethically
������� Total Number of Pages : 24
Paper II 22 K-1015
____________
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������� Total Number of Pages : 24
K-1015 23 Paper II
____________
49. Match the following :
List – I List – II
i. The utilitarian a. Ethical is what
approach develops moral
values in
ourselves and
our communities
ii. The common b. “of any twogood approach actions, the most
ethical one willproduce thegreatest balanceof benefits overharms”
iii. The fairness c. Treat people theapproach same unless there
are morallyrelevantdifferencesbetween them
iv. The virtue d. The community isapproach comprised of
individuals whoseown good isinextricablybound to the goodof the whole
Codes :
i ii iii iv
(A) c a d b
(B) b d c a
(C) b c d a
(D) a b c d
50. Which among the following are the
characters of the value-based
organization ?
i. Community spirit
ii. Open and honest communication
iii. Values agreement
iv. Self organization
Codes :
(A) i, ii and iii
(B) i, ii and iv
(C) i and ii only
(D) i, ii, iii and iv
������� Total Number of Pages : 24
Paper II 24 K-1015
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