Correct Answer: Product Concept

Solution : The correct answer is (d) Product Concept.

The Product Concept is a marketing philosophy that centers on creating high-quality products with unique features and attributes. The main emphasis is on the product itself, striving to offer features and benefits that stand out and meet or exceed customer expectations. Companies following this concept are driven by a commitment to continuous innovation and improvement to maintain a competitive advantage and deliver superior value to their customers. The primary goal is to develop and market products that customers perceive as exceptional and desirable.

Correct Answer: 5:1

Solution :

MRT for possibility C = 5:1.
Hence, the correct option is 1.
(MRT) = MCx / MCy
It is a ratio of the total cost of producing one extra unit of goods for marketing firm X, as indicated by the formula MCx, and the rate of production raised by slowing down the production of goods for another company Y, indicated by the formula MCy.

Correct Answer: Wheat and rice  

Solution : The Green Revolution in India primarily focused on increasing the production of wheat and rice through the use of high-yielding varieties, irrigation, and fertilizers, leading to a significant boost in food grain production.  

Correct Answer: Product Concept

Solution : The correct answer is (c) Product Concept

ABC Appliances focuses on continuous product innovation and improvement, emphasizing the development and enhancement of their products to meet the unique needs and preferences of their customers. The product concept is centered around creating high-quality, innovative, and unique products that consumers will find appealing and valuable. It's about delivering superior products and features to attract and satisfy customers, which aligns with the approach taken by ABC Appliances as described.

Correct Answer: Milk and dairy products
    

Solution : The correct answer is (b) Milk and dairy products.

The White Revolution, also known as Operation Flood, was a dairy development program initiated in India in the 1970s. The program aimed to increase milk production and make India self-sufficient in milk and dairy products.

Under the White Revolution, various strategies were implemented to enhance milk production and improve the dairy industry. These included promoting dairy cooperatives, introducing modern dairy farming practices, improving cattle breeds through artificial insemination, establishing milk processing and distribution infrastructure, and encouraging farmers to participate in dairy activities.

The program brought about significant improvements in milk production and dairy processing in India. It led to the formation of cooperative societies like Amul, which played a crucial role in organizing and empowering dairy farmers. The White Revolution revolutionized the dairy sector, making India one of the largest producers of milk and dairy products in the world.

Correct Answer: Statement 1 is correct, and statement 2 is false.

Solution : The correct answer is (b) Statement 1 is correct, and statement 2 is false.

Statement 1 is correct. The marketing concept does indeed focus on creating value for customers and building customer loyalty. It involves understanding customer needs and preferences, designing products or services that fulfill those needs, and delivering value to customers to establish and maintain long-term relationships.

Statement 2 is false. The production concept does not emphasize understanding customer preferences and needs. It centers on efficient and cost-effective production processes to mass-produce standardized products.

Correct Answer: Planning reduces creativity

Solution : With the planning, the organization's managers begin to work rigidly and become the plan's only blind follower. The manager takes no initiative to make changes to the plan in response to changes in the business environment. In the above case, Rahul's supervisor instead of appreciating him, ordered him to complete the work as per the method and technique decided earlier as nothing could be change at this stage. It will shows planning reduce creativity.
Hence, option 1 is the correct answer.

Correct Answer: Selling Concept

Solution : The correct answer is (d) Selling Concept.

The Selling Concept is a marketing philosophy that emphasizes aggressive selling and promotional efforts to convince customers to purchase a company's products or services. It focuses on sales transactions rather than understanding and addressing customer needs. The belief behind this concept is that customers will not buy enough of the company's offerings unless a significant sales and promotional push is applied to drive sales. The primary goal is to sell what the company produces, often with less consideration for customer needs or value.

Correct Answer: By optimizing resource utilization.

Solution : The correct answer is (c) By optimizing resource utilization.

An effective control system can benefit EFG Manufacturing by optimizing resource utilization. Control systems help monitor and regulate the company's processes, activities, and operations to ensure they are aligned with established goals and standards. By implementing a robust control system, EFG Manufacturing can identify areas where resources might be underutilized or misallocated. This enables the company to make informed decisions to improve the efficiency of its resource utilization, leading to increased productivity, reduced waste, and ultimately better financial performance. The goal is to ensure that resources such as labor, materials, and equipment are used effectively to maximize output while minimizing costs.

Correct Answer: involved

Solution : The correct choice is the first option.

The phrase "processed directly by the amygdala" suggests that the amygdala is actively engaged in the processing of music. The word that best conveys this sense of active participation or engagement is involved. Therefore, the correct choice is "involved" in the context of the brain being actively engaged in processing music.