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CUET (UG) entrance exam Question Bank Solutions

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An effort to control everything may end up in controlling nothing is related to:

[8] Controlling
Chapter: [8] Controlling
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Which concept of marketing emphasise on availability and affordability of the product?

[11] Marketing
Chapter: [11] Marketing
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Which of the following does not apply to Principles of Management :

[2] Principles of Management
Chapter: [2] Principles of Management
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"The shift of demand from soft drinks to juices is an opportunity for juice companies and threat for soft drink companies." Identify the feature of business environment:

[3] Business Environment
Chapter: [3] Business Environment
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"The components of business environment keep on changing due to changes in various circumstances." This shows that business environment is ______.

[3] Business Environment
Chapter: [3] Business Environment
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Which of the following feature of management involved in managing an enterprise is common to all organisations whether economic, social or political :

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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Which of the following statement is incorrect:

[3] Business Environment
Chapter: [3] Business Environment
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Principles of management provide managers with useful insights into reality. Which of the following statements explain this appropriately:

[2] Principles of Management
Chapter: [2] Principles of Management
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Match the FEATURES of Business Environment in Column I with the appropriate EXPLANATION in Column II.

  Column I Column II
(i) Complexity Very difficult to predict future happenings.
(ii) Specific forces Easier to understand in parts but difficult to grasp in its totality.
(iii) Uncertainty Affect individual enterprises directly and immediately.
[3] Business Environment
Chapter: [3] Business Environment
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McDonald's keeps introducing new variety of Burgers in its menu. Which characteristic of management is highlighted in this?

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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Controlling involves:

[8] Controlling
Chapter: [8] Controlling
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Management is concerned with which of the following:

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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How are the Management principles derived?

[2] Principles of Management
Chapter: [2] Principles of Management
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Read the following text and answer the following question on the basis of the same:

Mr. A. Bose is running a successful business. Mr. Bose is the owner of R. K. Cement Ltd. Mr. Bose decided to expand his business by acquiring a Steel Factory. This required an investment of Rs. 60 crores. To seek advice in this matter, he called his financial advisor Mr. T. Ghosh who advised him about the judicious mix of equity (40%) and Debt (60%). Employ more of cheaper debt may enhance the EPS. Mr. Ghosh also suggested him to take loan from a financial institution as the cost of raising funds from financial institutions is low. Though this will increase the financial risk but will also raise the return to equity shareholders. He also apprised him that issue of debt will not dilute the control of equity shareholders. At the same time, the interest on loan is a tax-deductible expense for computation of tax liability. After due deliberations with Mr. Ghosh, Mr. Bose decided to raise funds from a financial institution.

Identify the concept of Financial Management as advised by Mr. Ghosh in the above situation.

[9] Business Finance
Chapter: [9] Business Finance
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Unemployment can be described as ______ 

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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Which of the following statement is false regarding financial management?

[9] Business Finance
Chapter: [9] Business Finance
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"Anyone can be called a manager irrespective of the educational qualification possessed." Identify the characteristic of the profession that Management does not fulfill in the statement being discussed above:

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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For optimal procurement of funds, a finance manager identifies different available sources and compares those items in terms of cost and associated risks. Identify  concept highlighted in the above lines.

[9] Business Finance
Chapter: [9] Business Finance
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Assertion (A): Changes in fashions and tastes of consumers may shift demand in the market from existing products to new ones. 

Reason (R): Business environment is dynamic, i.e., it keeps on changing in consumer preferences.

[3] Business Environment
Chapter: [3] Business Environment
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Match the FUNCTIONAL AREA in Column I with their respective STANDARDS set to gauge performance in Column II, as a part of the controlling function.

  Column I Column II
(i) Marketing Flow of capital
(ii) Production Sales-person's performance
(iii) Human Resource Management Labour turnover
(iv) Finance and Accounting  Quantity
[8] Controlling
Chapter: [8] Controlling
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