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CUET (UG) entrance exam Question Bank Solutions

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Which of the following statement is true regarding marketing?

[11] Marketing
Chapter: [11] Marketing
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______ principle of management is being violated if management does not fulfill its promise to increase wages of the workers after the mission is accomplished. 

[2] Principles of Management
Chapter: [2] Principles of Management
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Which of the financial decisions is about the quantum of finance to be raised from various long-term sources?

[9] Business Finance
Chapter: [9] Business Finance
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Match the CHARACTERISTICS of management in Column I with their correct EXPLANATIONS in Column II :

  Column I Column II
(i) Goal-oriented process Management is a complex activity involving management of people, work and operations.
(ii) Group activity Some aims and objectives are the basic reason for existence of an organisation.
(iii) Multi-dimensional Diverse individuals with different needs work together to fulfill the common organisational goal.
[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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Read the following text and answer the following question on the basis of the same: 

A critical point control (CPC) approach is followed by McDonald in the cooking and handling process so that any food safety threat can be prevented, eliminated, or reduced to an acceptable level. Hence, continuous monitoring of activities are undertaken to ensure that the process is right at each critical point control. The main principle followed for cooking at McDonald is "less amount many time" which can ensure the high quality and high fresh level of the food. For instance, if four hamburgers have to be made, a worker cannot cook all the four hamburgers at one time. The time figured out for making hamburger is one hundred and forty-five seconds. moreover, nearly all foods in the McDonald have the specific holding time for hamburgers is ten minutes and for french fries is seven minutes. If it is not sold within that time it is thrown away. Also, the temperature of the milk sent by the supplier must be under 4°C, otherwise it will be returned.

Which of the following statements is true with respect to critical point control?

[8] Controlling
Chapter: [8] Controlling
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Read the following text and answer the following question on the basis of the same: 

A critical point control (CPC) approach is followed by McDonald in the cooking and handling process so that any food safety threat can be prevented, eliminated, or reduced to an acceptable level. Hence, continuous monitoring of activities are undertaken to ensure that the process is right at each critical point control. The main principle followed for cooking at McDonald is "less amount many time" which can ensure the high quality and high fresh level of the food. For instance, if four hamburgers have to be made, a worker cannot cook all the four hamburgers at one time. The time figured out for making hamburger is one hundred and forty-five seconds. moreover, nearly all foods in the McDonald have the specific holding time for hamburgers is ten minutes and for french fries is seven minutes. If it is not sold within that time it is thrown away. Also, the temperature of the milk sent by the supplier must be under 4°C, otherwise it will be returned.

Which feature of controlling is highlighted in the above text?

[8] Controlling
Chapter: [8] Controlling
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People in the organisations carry out diverse tasks with the aim to achieve

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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Successful management ensures that

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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Which of the following is not an organisational objective of management?

[1] Nature and Significance of Management
Chapter: [1] Nature and Significance of Management
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The principles of management are significant because of

[2] Principles of Management
Chapter: [2] Principles of Management
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Principles of management emphasize on logical and rational decision making rather than on the basis of. bias and prejudice. The given 'statement highlights that the knowledge of principles of  management leads to ______

[2] Principles of Management
Chapter: [2] Principles of Management
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Which of the following best indicates the importance of the business environment?

[3] Business Environment
Chapter: [3] Business Environment
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Why it is important for business enterprises to understand their environment?

[3] Business Environment
Chapter: [3] Business Environment
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Which of the following points state that success of a business is significantly influenced by its environment?

[3] Business Environment
Chapter: [3] Business Environment
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Other things remaining the same, an increase in the tax rate on corporate profit will : 

[9] Business Finance
Chapter: [9] Business Finance
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Financial management is based on three broad financial decisions. What are these?

[9] Business Finance
Chapter: [9] Business Finance
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What are the objectives of financial management?

[9] Business Finance
Chapter: [9] Business Finance
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'S' Limited is manufacturing steel at its plant in India. It is enjoying a buoyant demand for its products as economic growth is about 7% - 8% and the demand for steel is growing. It is planning to set up a new steel plant to cash on the increased demand. It is estimated that it will require about Rs 5000 crores to set up and about Rs 500 crores of working capital to start the new plant.

Which of the following is the role and objectives of financial management for this company.

[9] Business Finance
Chapter: [9] Business Finance
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In economics, which of the following is not a function of the entrepreneur?

[13] Entrepreneurship Development
Chapter: [13] Entrepreneurship Development
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Which of the following statements does not clearly distinguish between entrepreneurship and management?

[13] Entrepreneurship Development
Chapter: [13] Entrepreneurship Development
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