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Symbiosis Entrance Test

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Question : Case Study 1: XYZ Corporation

XYZ Corporation is a large manufacturing company that has recently experienced inefficiencies due to unclear roles and responsibilities.

Question:

The primary purpose of organizing is to:

 

Option 1: Set organizational goals

Option 2: Allocate financial resources

Option 3: Assign tasks and responsibilities

Option 4: Develop marketing strategies

Team Careers360 20th Jan, 2024

Correct Answer: Assign tasks and responsibilities


Solution : The correct answer is (c) Assign tasks and responsibilities

Organizing in a management context involves structuring an organization, defining roles and responsibilities, establishing reporting relationships, and coordinating activities to achieve organizational goals. It is the process of assigning tasks and responsibilities to

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Question : Comprehension:
Read the passage carefully and answer the questions that follow.
India's favourable demographic trends, which have increased the workforce's percentage of the overall population, have paved the way for a significant middle-class expansion. A big population bulge emerging from absolute poverty and set to reach the middle class would generate new dynamics. In India, over 55 percent of the population is predicted to reach the middle class. In reality, because India's demographics are significantly younger than China and the United States, the country's middle class might be the world's largest (in terms of population) by 2025.
It is no exaggeration to argue that future growth will be reliant on the increasing middle class and that the middle class's development will be reliant on growth. Growth has been fuelled by both private consumption and saving, both of which are fuelled by the middle class. India's private consumption accounts for over 60% of the country's GDP, while private consumption growth has contributed to 70% of the country's growth since 2000.
Even though China's middle class is now greater than India's, private spending in the former accounts for a lesser share of growth. In contrast to the United States, where domestic savings are dropping and the country borrows excess funds from outside to invest and expand, India's domestic savings and investments are increasing and funding investments. The emergence of the middle class is anticipated to coincide with a transition away from large-scale informality, which now characterises much of the services and industrial sectors, and toward more formal, wage-earning, and medium-scale firms. Technological advancements will spread at a faster rate. Cities will expand as job possibilities concentrate on them. If there is enough movement across states and from rural to urban regions, the population increase will be more evenly distributed.

Question:
Select the most suitable title for the given passage.

Option 1: Middle Class and Economic Growth

Option 2: Dropping Domestic Savings in the USA

Option 3: Favourable Demographic Trends in India

Option 4: Rise of the Middle Class in India

Team Careers360 24th Jan, 2024

Correct Answer: Rise of the Middle Class in India


Solution : The correct choice will be the fourth option.

The most suitable title for the given passage is: Rise of the Middle Class in India.

The passage primarily discusses India's demographic trends leading to a significant expansion of the middle

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Question : Case Study:

XYZ Tech Solutions uses time study to set performance standards for each task. Which technique of scientific management is being applied here?

 

Option 1: Time Study

Option 2: Fatigue Study

Option 3: Motion Study

Option 4: Method Study

Team Careers360 25th Jan, 2024

Correct Answer: Time Study


Solution : The correct answer is (a) Time Study

Time study involves analyzing and measuring the time required to perform a specific task or job accurately. It aims to determine the standard time needed to complete a job efficiently. In this scenario, XYZ Tech Solutions is

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Question : Sports Authority of India, the apex body for sports promotion, was set up in the year_______.

Option 1: 1990

Option 2: 1961

Option 3: 1984

Option 4: 1982

Team Careers360 21st Jan, 2024

Correct Answer: 1984


Solution : The correct option is 1984.

The Sports Authority of India (SAI) was founded by the Ministry of Youth Affairs and Sports of the Government of India. It was established as a registered society on January 25, 1984, through the Department of Sports. SAI is

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