Question : Case Study:

A company focuses on understanding and fulfilling customer needs and preferences. They emphasize building long-term customer relationships through value creation. This philosophy reflects the:

Option 1: Selling Concept

Option 2: Production Concept

Option 3: Marketing Concept

Option 4: Product Concept

Question : It includes using environmentally friendly methods of production, giving employment opportunities to the disadvantaged sections of society and providing basic amenities like schools and creches to employees. It tells us about which objective of the management? 

Option 1: Personal objective 

Option 2: Social objective 

Option 3: Organisational objective 

Option 4: None of the above

Question : Employees given responsibility to achieve target production but no authority is given for access to raw material. Identify the principle of management highlighted in the given statement?
 

Option 1: Authority and responsibility

Option 2: Unity of command

Option 3: Unity of direction

Option 4: Initiative

Question : Comprehension:
In the following passage, some of the words have been deleted. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.
As an industrial solvent, pyridine is used in a (1)________ range of manufacturing processes. It is also a by-product of coking coal, a crucial (2)_______ for steel production. The Tees area was home to both steel and chemical (3)_______ and the discharge of contaminated effluent (4)________ the river and surrounding wetlands has been (5)_______ practice, often with minimal or no treatment.

Question:
Select the most appropriate option to fill in the blank number 5.

Option 1: maniac

Option 2: common

Option 3: bogus

Option 4: ruckus

Question : Assertion: Marketing management aims to enhance customer satisfaction and loyalty.

Reason: Marketing management is solely about increasing the production of goods.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.

Option 3: Assertion is true, but the reason is false.

Option 4: Assertion is false, but the reason is true.

Question : Which of the following is an example of a marketing metric?

Option 1: Customer satisfaction

Option 2: Employee turnover

Option 3: Total revenue

Option 4: Production efficiency

Question : Which aspect of management is highlighted in the below statement?
In whale Ltd, the purchase department purchased 5 tonnes of raw materials for the production department. The production department needs just 2 tonnes. Due to this reason, goods were over produce and were not accepted by the sales department.
 

Option 1: Lack of planning 
 

Option 2: Lack of organising
 

Option 3: Lack of manpower 
 

Option 4: Lack of coordination.
 

Question : Case Study:

A company focuses on creating products that have unique features and benefits. They aim to provide products that stand out from competitors. This philosophy aligns with the:

Option 1: Marketing Concept

Option 2: Production Concept

Option 3: Selling Concept

Option 4: Product Concept

Question : Case Study 2:

ABC Furniture is a leading furniture manufacturer that faces intense competition in the market. The company wants to implement control systems to ensure the efficiency of its production process and maintain a competitive edge.

Question:

Which feature of controlling is ABC Furniture most likely to emphasize?

Option 1: Goal setting.

Option 2: Employee training.

Option 3: Workplace diversity.

Option 4: External communication.

Question : According to the finance budget 2020-21, the target of 200 lakh tonnes of fish production by 2022-23 has been set as a part of the:

Option 1: pink economy

Option 2: white economy

Option 3: grey economy

Option 4: blue economy