You Are On Multi Choice Question Bank SET 4433
221651. Carpenter Rajesh has a circular piece of plywood of diameter 30 feet. He has cut out two disks of diameter 20 feet and 10 feet. What is the diameter of the largest disk that can be cut out from the remaining portion of the plywood piece?
221652. Lionel and Ronaldo had a discussion on the ages of Jose’s sons. Ronaldo made following statements about Jose’s sons: i. Jose has three sons. ii. The sum of the ages of Jose’s sons is 13. iii. The product of the ages of the sons is the same as the age of Lionel. iv. Jose’s eldest son, Zizou weighs 32 kilos. v. The sum of the ages of the younger sons of Jose is 4. vi. Jose has fathered a twin. vii. Jose is not the father of a triplet. viii. The LCM of the ages of Jose’s sons is more than the sum of their ages. Which of the following combination gives information sufficient to determine the ages of Jose’s sons?
221653. Ram and Shyam form a partnership (with Shyam as working partner) and start a business by investing 4000 and 6000 respectively. The conditions of partnership were as follows: 1. In case of profits till 200,00 per annum, profits would be shared in the radio of the invested capital. 2.Profits from 200,001 till 400,000 Shyam would take 20% out of the profit, before the division of remaining profits, which will then be based on ratio of invested capital. 3.Profits in excess of 400,000, Shyam would take 35% out of the profits beyond 400,000, before the division of remaining profits, which will then be based on ratio of invested capital. If Shyam’s share in a particular year was 367000, which option indicates the total business profit (in ) for that year?
221654. A property dealer bought a rectangular piece of land at 1000/sq. ft. The length of the plot is less than twice its breadth. Due to its size, there were no buyers for the full plot. Hence he decided to sell it in smaller sized pieces as given below. The largest square from one end was sold at 1200/sq. ft. From the remaining rectangle the largest square was sold at 1150/sq. ft. Due to crash in the property prices, the dealer found it difficult to make profit from the sale of the remaining part of the land. If the ratio of the perimeter of the remaining land to the perimeter of the original land is 3 : 8, at what price (in ) the remaining part of the land is to be sold such that the dealer makes an overall profit of 10%?
221655.
Read the following discussion/passage and provide an appropriate answer for the questions that follow.
Of the several features of the Toyota Production System that have been widely studied, most important is the mode of governance of the shop - floor at Toyota. Work and inter - relations between workers are highly scripted in extremely detailed ‘operating procedures’ that have to be followed rigidly, without any deviation at Toyota. Despite such rule - bound rigidity, however, Toyota does not become a ‘command - control system’. It is able to retain the character of a learning organizationIn fact, many observers characterize it as a community of scientists carrying out several small experiments simultaneously. The design of the operating procedure is the key. Every principal must find an expression in the operating procedure – that is how it has an effect in the domain of action. Workers on the shop - floor, often in teams, design the ‘operating procedure’ jointly with the supervisor through a series of hypothesis that are proposed and validated or refuted through experiments in action. The rigid and detailed ‘operating procedure’ specification throws up problems of the very minute kind; while its resolution leads to a reframing of the procedure and specifications. This inter - temporal change (or flexibility) of the specification (or operating procedure) is done at the lowest level of the organization; i.e. closest to the site of action.
One implication of this arrangement is that system design can no longer be rationally optimal and standardized across the organization. It is quite common to find different work norms in contiguous assembly lines, because each might have faced a different set of problems and devised different counter - measures to tackle it. Design of the coordinating process that essentially imposes the discipline that is required in large - scale complex manufacturing systems is therefore customized to variations in man - machine context of the site of action. It evolves through numerous points of negotiation throughout the organization. It implies then that the higher levels of the hierarchy do not exercise the power of the fiat in setting work rules, for such work rules are no longer a standard set across the whole organization.
It might be interesting to go through the basic Toyota philosophy that underlines its system designing practices. The notion of the ideal production system in Toyota embraces the following -‘the ability to deliver just - in - time (or on demand) a customer order in the exact specification demanded, in a batch size of one (and hence an infinite proliferation of variants, models and specifications), defect - free, without wastage of material, labour, energy or motion in a safe and (physically and emotionally) fulfilling production environment’. It did not embrace the concept of a standardized product that can be cheap by giving up variations. Preserving consumption variety was seen, in fact, as one mode of serving society. It is interesting to note that the articulation of the Toyota philosophy was made around roughly the same time that the Fordist system was establishing itself in the US automotive industry.
What can be best defended as the asset which Toyota model of production leverages to give the vast range of models in a defect - free fashion?
221656. Which of the following can be best defended as a pre-condition for the Toyota type of production system to work?
221659. The author has _________ his composition to the best of his _________; yet listen to it with a sympathetic ___________, O _____________ souls, and judge it. The option that best fills the blanks in the above sentence would be:
221660. There is much difficulty ________ getting ________ this place and it is not possible to reach ___________ without the grace of the lord. The option that best fills the blanks in the above sentence would be:
221661. _________ you have a doubt, why not go and verify? I shall be waiting in the shade ________ this banyan tree till you come back _________ me.The option that best fills the blanks in the above sentence would be:
221663.
Analyse the following passage and provide appropriate answers that follow.We can answer Fermi’s Paradox in two ways. Perhaps our current science over - estimates the likelihood of extraterrestrial intelligence evolving. Or, perhaps, evolved technical intelligence has some deep tendency to be self - limiting, even self - exterminating. After Hiroshima, some suggested that any aliens bright enough to make colonizing space ships would be bright enough to make thermonuclear bombs, and would use them on each other sooner or later.I suggest a different, even darker solution to the Paradox. Basically, I think the aliens forget to send radio signals or colonize space because they’re too busy with runaway consumerism and virtual - reality narcissism. Once they turn inwards to chase their shiny pennies of pleasure, they lose the cosmic plot.The fundamental problem is that an evolved mind must pay attention to indirect cues of biological fitness, rather than tracking fitness itself. This was a key insight of evolutionary psychology in the early 1990s; although evolution favours brains that tend to maximize fitness (as measured by numbers of great - grandkids), no brain has capacity enough to do so under every possible circumstance. As a result, brains must evolve shortcuts: fitness - promoting tricks, cons, recipes and heuristics that work, on an average, under ancestrally normal conditions. Technology is fairly good at controlling external reality to promote real biological fitness, but it’s even better at delivering fake fitness - subjective cues of survival and reproduction without the real - world effects.Fitness - faking technology tends to evolve much faster than our psychological resistance to it. With the invention of Xbox 360, people would rather play a high - resolution virtual ape in Peter Jackson’s King Kong than be a perfect – resolution real human. Teens today must find their way through a carnival of addictively fitness - faking entertainment products. The traditional staples of physical, mental and social development - athletics, homework dating - are neglected. The few young people with the self - control to pursue the meritocratic path often get distracted at the last minute.Around 1900, most inventions concerned physical reality and in 2005 focus shifted to virtual entertainment. Freud’s pleasure principle triumphs over the reality principle. Today we narrow - cast human - interest stories to each other, rather than broadcasting messages of universal peace and progress to other star systems.Maybe the bright aliens did the same. I suspect that a certain period of fitness - faking narcissism is inevitable after any intelligent life evolves. This is the Great Temptation for any technological species – to shape their subjective reality to provide the cues of survival and reproductive success without the substance. Most bright alien species probably go extinct gradually, allocating more time and resources to their pleasures and less to their children.Heritable variation in personality might allow some lineages to resist the Great Temptation and last longer. Some individuals and families may start with an “irrational” Luddite abhorrence of entertainment technology, and they may evolve ever more self - control, conscientiousness and pragmatism by combining the family values of the religious right with the sustainability values of the Greenpeace. They wait patiently for our fitness - faking narcissism to go extinct. Those practical - minded breeders will inherit the Earth as like - minded aliens may have inherited a few other planets. When they finally achieve contacts, it will not be a meeting of novel - readers and game - players. It will be a meeting of dead - serious super - parents who congratulate each other on surviving not just the Bomb, but the Xbox.Among the following options, which one represents the most important concern raised in the passage?
221664. Which among the following would be the best possible explanation for the lack of contact between human beings and aliens?
221666. Which of the following statements, if true, challenges the ideas presented in the passage the most? I. Violent crime, including gang warfare for turf protection and expansion, co - exists in all technological advanced societies in spite of proliferation of fitness - faking technologies. II. The technology to produce fitness - faking gadgets is guided by the government’s desire to control the minds of citizens and keep citizens away from engaging in trouble - making activities. III. Countries that have the most advanced technology often are the ones that are at the forefront of preparedness for wars. IV. The era of colonial expansion that was engaged in by the European nations after the renaissance would have never taken place had the technology to produce fitness - faking gadgets existed during those times. V. Teenagers having access to technology, engage in more socializing away from parental supervision than those who do not have access to such technology.
221667. Nature is ___________ and unchangeable, and it is ___________ as to whether its hidden reasons and ___________ are __________to man or not.The option that best fills the blanks in the above sentence would be:
221668. Impressions are direct, vivid, and forceful products of immediate experience; ideas are merely feeble copies of these original impressions.Assuming the above statement is true, which of the statements logically follow from it? I. Every impression leads to an idea. II. Ideas must follow an antecedent impression. III. The colour of the 2011 XAT test booklet right in front of a candidate is an impression to her, whereas the memory of the colour of her television set is an idea. IV. If one was interested in origin of the idea of the colour of a television set, then one need to understand the impressions from which this idea was derived.
221669. Media are not just passive channels of information. Not only do they supply the stuff of thought, but they also shape the process of thought. And what the internet seems to be doing is chipping away our capacity for concentration. Which of the following, if true, would most strengthen the argument presented above?
221670. Which of the following, if true, would most weaken the argument presented in the previous question?
221671. Randomness has to be dealt with successfully to ensure a better control over one’s life. Before one can deal effectively with randomness, one must acknowledge its existence. The above statement implies the following except:
221672. Perhaps this war will pass like the others which divided us, leaving us dead, killing us along with the killers but the shame of this time puts its burning fingers to our faces. Who will erase the ruthlessness hidden in innocent blood? Which of the following is certainly not implied in the above verse?
221673. Travelling is my hobby. Today in the Himalayas, as I drag my feet through the __________, I cannot but think of the same time last year when I was negotiating the thick _________ of the Ganges delta or for that matter the time I spent with my children __________ about in the waters of the Arabian Sea. The option that best fills the blanks in the above sentence would be:
221674. In spite of being perceived as ______ by all, the club members decided to ______ Arun, a skinny teenage with prominent ___________, as the member of the year, so that the whole affair would be __________ to Arun’s father who was recuperating after a serious illness. The option that best fills the blanks in the above sentence would be:
221675. Few sentences are given below continuously. Identify the best sequence of punctuations among the given option s. (The rule of capitalization at the beginning of sentences has been ignored in the passage given below). Note: the arrows in the options indicate text that would be within the punctuations. a persons frames of perception and action are narrow in early stages of development focused on social membership and technical competence the early life of the organizations often is focused on survival and efficiency only later and rarely emphasizing process of learning and development however in later stages both individual and organization become more concerned with the learning process itself the way the perceptions and practices are articulated and revised in interactions and how more people can be engaged in mutual learning and inquiry
221677. Read the following sentences and choose the option that best arranges them in a logical order. 1. In law a fiduciary individual is someone who is entrusted with the power to act on behalf of and for the benefit of another. 2. Following the weight of corporate law and legal precedent, the director primacy model positions directors as autonomous fiduciaries, not agents. 3. The term fiduciary derives from the Latin fiducia, or trust, and the fiduciary is expected to act in good faith and honesty for the beneficiary’s interests. 4. A person who accepts the role of fiduciary in law must single - mindedly pursue the interests of his or her beneficiary, in this case the corporation, even when the latter cannot monitor or control the fiduciary’s behaviour.
221678. Read the sentences and choose the option that best arranges them in a logical order.a. Generally, it is unusual for a new problem in international relations to be considered without at the same time some international organization being developed to deal with it. b. International society has, in spite of the diversity of culture and political systems, been progressively drawn closer together and become more unified. c. Despite the fears and concerns of some governments that international organizations are increasing too fast and that they are a burden on their exchequers, they are still proliferating at a considerable rate. d. People and their governments now look far beyond national frontiers and feel a common responsibility for the major problems of the world and for lesser problems that may subsist within smaller groups of states. e. More recently in the 1990s the problems of international trade, which was growing increasingly complex, led to the development of the WTO. f. For instance, concern with the instability of commodities markets led to the establishment in the 1980s of the Common Fund for Commodities and the competition for the newly discovered wealth of the international seabed area resulted in the creation of the ISA under the Law of the Sea Convention of 1982, based on the concept of the ‘the common heritage of mankind’.
221679. As the information on air warfare tasks and stressors was being gathered and scenarios were being developed, a parallel effort ensued to identify a test bed simulation for air warfare teams. To maintain experimental control, it was determined by the designers that choosing a low physical fidelity simulation was acceptable as long as cognitive fidelity in a team simulation was maintained through subjecting soldiers to pressure situations in a simulated combat setting and attempting to ensure that naturalistic decision making of soldiers would not be compromised. Which of the following statements, if true, weakens the logic of the above passage? i. A number of studies have shown that high levels of physical stress lead to a weakening of the decision - making capabilities of human beings. ii. It has been convincingly demonstrated by various studies that human beings by nature are not designed to adapt to high levels of mental stress. iii. Numerous studies have shown that simulated environments can be designed to be good substitutes for real - life combat situations. iv. Studies have shown that simulated exercises for armed forces personnel have tended to induce a systematic type of “correct” and common behaviour among the trainees. v. Officers, when short - listing soldiers for critical operations, pick up battle - hardened soldiers rather than those who have been trained through simulations.
221680. Answer questions on the basis of the paragraph below We are not only afraid of being in the dark; we are also suspicious of being kept in the dark. We often feel that the universe has a hidden order that we cannot quite comprehend. In ancient times, this order was attributed to the gods – omnipotent beings who controlled humans’ fates. Greek myths in particular portrayed humans as pawns in the great games played by the gods. More recently, there are suspicions of global conspiracies. These conspiracies are cited for events that are too important to be random. We no longer describe them as “Acts of God,” so they must be the work of other people - people who are hiding their influence over us, covering up their involvement. They are keeping the rest of us in the dark. Among the events attributed to these people are political assassinations and UFO sightings. Examining these events in minute detail results in a long list of “coincidences” which, in the minds of the conspiracy buffs, are too numerous to be truly random. There must be a central planner who is at the hub of a sinister form of order. No one admits to the conspiracy, so there must be a cover - up. Better to think that we are all being kept in the dark by sinister forces than to admit that there is no order.Which of the following statements, if true, would weaken the underlying logic of the above passage? i. The human need for order is a highly exaggerated notion. It more often than not leads to creation of theories about the universe. The more sensational the theory, the more prevalent it becomes. ii. The universe is less guided by pure randomness than by well - defined natural processes which are subjected to randomness at varying intervals of time and space. iii. To strengthen their case for a variety of conspiracies the conspiracy buffs are extrapolating from a very small set of observed “coincidences”. iv. The persons propounding the different conspiracy theories are usually novelists who use these theories as a backdrop during the construction of the plots of the novels. v. The human fear of being kept in the dark is much stronger than the fear of lack of order in the working of the universe.
221681. Which of the following statements would, if true, strengthen the case for belief in sinister forces and conspiracies being at work in the above paragraph? i. Though science has progressed a lot in the last two centuries or so, it is still unable to explain/account for more than 80% of the phenomena in the universe. ii. There is now the existence of photographic evidence of presence of UFOs and a growing number of parallel studies showing that the human mind can easily be manipulated to do someone else’s will through various events that manipulate the ‘perceived reality’. iii. The fear of our actions and thoughts being controlled by someone else has intensified with the widespread popularity of the depiction of its gory outcomes by different novelists and movie makers. iv. There is a strong movement to reintroduce the teachings of the biblical evolutionary process and the presence of God in schools around the world. v. The Darwinian study of evolution of species, the cornerstone of beliefs in fathomable randomness of the workings of the universe has come under a scathing attack for its inaccurate depiction of the causes and process of evolution.
221682. The motivation of human beings towards their work is a subject matter that is at once a simple as well as an extremely complicated matter. For a long time, economists, sociologists, as well as psychologists believed that a carrot and stick approach, with monetary incentives playing the role of the carrot, would be sufficient to goad employees towards achieving higher levels of performance. However, a number of recent studies and observations, especially dealing with the open source revolution are placing on the table strong evidence suggesting that monetary incentives are only one part of the entire story of motivation through incentives. In a study conducted by a group of researchers at MIT, it was found that monetary incentives work well only in respect of tasks requiring mechanical skills i.e. those tasks not requiring much use of higher level cognitive abilities (such as memorizing or problem solving). In fact their study showed that setting high monetary incentives for tasks requiring cognitive abilities were more likely than not to produce adverse outcomes. Since this result flew straight in the face of the widely accepted body of knowledge on employee motivation, they conducted multiple experiments in different settings and countries to ensure that it was not a one - off result. The findings were the same in all repetitions of the experiment. These studies appear to suggest that monetary incentives need to be provided only to such an extent as to take the minds of employees off the issue of money and focus on other issues that are necessary to get the job done right. For instance, some experiments have shown that greater autonomy to employees and lowered interference from management (and bosses) is successful in driving the performance of employees working in cognitive skill intensive jobs.Identify the statement(s) that is (are) logically consistent with the con tent of the paragraphi. The carrot - stick approach essentially requires the use of rewards to get more of a desired behaviour whereas penalties lead to increased undesirable behaviour. ii. Expending time and effort on the design of monetary incentives is a wasteful exercise. iii. The study by the group of MIT researchers was a flawed exercise from the start. iv. There appears to be a need to reorient the existing paradigm prevalent in incentive design. v. During the process of designing incentives, one should clearly delineate activities into those requiring mechanical skills and those requiring higher - level cognitive skills and design with separate sets of incentives and penalties for each.
221683. Answer questions on the basis of the following conversation between two friends, Paradox (P) and Herodox (H) P: The human body is but the tomb of the soul and the visible world of matter is appearance that must be overcome if we are to know reality. The former is an integral part of “being”, that which can neither come into existence nor cease to exist for it always is. Being is unmoved and undistributed. Motion and disturbance belong to the realm of “becoming”, the changing world of unreality rather than of “being” in which true reality resides. Further, motion & change by belonging to the realm of “becoming” by having no separate existence of their own are logically inconsistent with reality and hence, unworthy of serious study.H: All things are in a state of perpetual flux. Permanence, and by extension, the concept of “being” is only an illusion. This change and continual transformation, through an often disorderly process of conflict and survival of the fittest, is the underlying principle at work in the universe. It is from this principle that all things come into existence, and forms the basis for the morals and governance patterns that attempt to preserve the social thread of societies. By extension, the study of human activity through the lens of an idealized state of “being” and as a basis for formulating moral codes of conduct is inappropriate at best.Which of the following statements could be considered as logically consistent with the views of paradox in the above paragraphs? i. A fly travelling on a flying arrow perceives it to be at rest. Therefore the flying arrow belongs to the realm of being. ii. The activities of the day to day life are concerned with the unreal part of human existence and hence, should not be subject to moral standards. iii. Maintaining a balance among the various constituents of society is essential to the well - being and the continuing existence of the soul. iv. Conflicts and the coming of spontaneous order do not have any underlying causes that are relevant for study as the notion of perpetual flux itself is erroneous. v. The real is and cannot be non - existent. Further, reality is one and unique.
221685.
Answer questions on the basis of the information below.Five reviews of the recently published novel, Caught in a Blizzard, are reproduced below. The reviews and the reviewers are identified as indicated by the numbers.
a: This novel can change your life - for the good, as it has changed mine. It has made me reflect critically about my life.
b: The novel has become a popular piece of literature, more among the youth than among the older population.
c: The author uses the plot in her novel to present her philosophy about life in a positive light, rather than relying on the merits of the philosophy per se.
d: The author is known to be a writer of great power. The intricate and captivating plots in her novels shows that she has a subtle and ingenious mind.
e: People have been jolted out of their beliefs about love and other different aspects of life after reading this novel. The options to the questions 75 - 77 are same as the reviews/reviewers indicated above.There has been criticism about reviewers that they write reviews after having a cursory reading of the book in question. Based on the analysis of the different reviews, which reviewer is most likely to have read the book in greater detail as compared to the other reviewers?
221688. Indian government may hold top executives responsible if state - run power companies fail to meet performance targets and punish them with fines and transfers. The strict performance parameters are aimed at ensuring that at least the reduced target for 62,000 MW of generation capacity addition is achieved before the end of the 11th Plan, said a power ministry official. Performance of chairman and managing directors of the power Public Sector Units (PSUs) in project implementation will be assessed as per the terms and conditions stipulated in the company’s memorandum of understanding (MoU) with the power ministry, he said, requesting anonymity. Performance parameters of executives had came under strict scrutiny due to a lack of progress in capacity addition program. While the target for the 11th five year plan has already been scaled down by the government from 78,500 MW, in the first three years of the plan yielded only 22, 302 MW of fresh capacity.If you were the chairman of one of these power PSU’s, which of the following statements (all of which are assumed to be true) could best be used in order to strengthen your case against the government holding top executives responsible?i. The labour unions, owing allegiance to ruling party at the Center, are not allowing work to progress with their demands for wage hikes that are untenable. ii. The actions of the mid - level management are not in line with the objectives laid down by the top management. iii. The delays have been due to difficulties in obtaining funds at reasonable interest rates on account of the recessionary conditions. iv. We are not to blame. The government is not doing enough to ensure availability of sufficient fuel to power the existing plants, let alone the new plants. v. The government had ignored the infrastructure availability like roads etc., and environmental clearances required for such projects and therefore set an unrealistic target to begin with, and the revised target is also unrealistic as well.
221689. The CEO of ABC Telecom Ltd. (ABC) is in a quandary since he received the telephone call in the morning from his counterpart at LMN Telecom Ltd. (LMN). Both companies were engaged in a bitter experience a couple of years ago when they had attempted to merge with the intention of creating a behemoth telecom company, possibly the largest in the world. The merger had fallen through due to opportunistic behavior on the part of Mr. Das, then CEO of LMN. During the time the merger talks were taking place, Mr. Das had also approached a few other suitors for LMN in an attempt to force ABC to pay a higher price. Further, there were reports of attempts by management of LMN to scuttle the deal. Back then, ABC had also faced stiff opposition to the deal from one of its large shareholders. Since then, a lot has changed for both companies. The bleak economic conditions due to recession had led to a drastic fall in the market value of both companies, with ABC comparatively losing much more in terms of market value. Raising money has become more difficult for both companies, especially for LMN. On the brighter side for ABC, the opposing shareholder had recently sold off his stake to another investor who earlier had supported the original merger deal with LMN a couple of years ago.Which of the following would be the most appropriate line (s) of thought for the CEO of ABC to adopt in response to the offer by LMN? I. Once bitten twice shy. There is simply no way I can think of resuming talks with LMN after their unethical behaviour the previous time around. I would rather spend my time on merger discussions with other companies. Ii. The deal may make less business sense this time around. However, if it goes through, I will become the CEO of the world’s largest telecom company. So let us try our luck once more. Iii. I will resume talks only if they provide guarantees as to the reimbursement of our expenses incurred, in the event of the deal not materializing. Iv. Let me not be biased against dealing with LMN, if we can secure the deal at a reasonably low price, benefiting our shareholders, let us go ahead with it. V. I am not sure if we can raise the money now. In any event, they are the ones facing greater financial problems. So let’s not hurry now. We might have an opportunity to buy them out at a cheaper price later.
221690. The merger of ABC and LMN has been confirmed after detailed negotiation with LMN holding the majority share of the resultant entity. LMN has financed the merger by taking debt at higher - than - market interest rates from its bankers, in the hope that it would be able to streamline operations and reduce costs in the resultant entity which will allow it to repay the loan. If you were an investor looking to invest in telecom companies, which of the following could be the strongest reasons for staying away from investing in resultant entity?
221691. Wind turbine maker Leone Energy posted a net loss of Rs. 250 crore for the fourth quarter ended March 31, 2010 as against a net profit of Rs.350 crore in the same quarter a year - ago. In the financial year 2009 - 10, the company clocked a gross income of Rs.6,517 crore, as against Rs.9,778 crore in the previous year. Leone Energy clocked a loss of Rs.1,100 crore in 2009 - 10, as against a net profit of Rs.320 crore in 2008 - 09. The sales revenues stood at Rs.22,400 crore fo the year, approximately 21 per cent less against Rs. 28,350 crore last year. For the financial year ending March 31, 2010, Leone Energy’s sales volume (in terms of capacity of projects executed) was 4,560 MW from 2,935 MW a year ago. The CEO of Leone Energy in his message to shareholders suggested that the poor performance of the company was the result of adverse economic conditions during the year ended March 31, 2010 . You are a shareholder owning 5% of the shares of Leone Energy, have seen the stock price decline by more than 50% during the year 2009 - 10, and are quite upset with the way the management has been handling the business. You have decided to confront the management at the next shareholders’ meeting and have chosen the following 5 point to argue against the CEO’s version of the story. In light of the above paragraph, select the most appropriate order of these 5 statements that you, as a disappointed shareholder, should adopt as a stringing and robust preface in your case against the management in front of the management and other shareholders. a. The management is not doing its best to maintain the profitability of the company. b. The company has actually increased its sales volume during the year under consideration. c. The adverse economic conditions have led to a worldwide increase in the adoption of alternative energy sources, reflecting in all - time highest profits for wind turbine makers in both developed and developing countries. d. The management has been lax with its employees as the management enjoys a large set of benefits from the company that they would have to forgo if they became strict with employees. e. The company is trying to increase sales by charging lower, unprofitable prices.
221692. On 1st March, Timon arrived in a new city and was looking for a place to stay. He met a landlady who offered to rent her apartment at a reasonable price but wanted him to pay the rent on a daily basis. Timon had a silver bar of 31 inches, and an inch of the silver bar was exactly equal to a day’s rent. He agreed to pay an inch of the silver bar towards the daily rent. Timon wanted to make minimum number of pieces of the silver bar but did not want to pay any advance rent. How many pieces did he make?
221693. Read the following case and choose the best alternative.Chetan Textile Mills (CTM) has initiated various employee welfare schemes for its employees since the day the mill began its operations. Due to its various welfare initiatives and socially responsible business practices, the organisation has developed an impeccable reputation. Majority of the regular workers in Chetan Mills had membership of Chetan Mills Mazdoor Sangh (CMMS), a non political trade union. CMMS had the welfare of its member as its guiding principle. Both CTM and CMMS addressed various worker related issues on a proactive basis. As a result no industrial dispute had been reported from the organiza tion in the recent past.These days majority of the employers deploy large number of contract labourers in their production processes. In an open economy survival of an organization depends on its competitiveness. In order to become competitive, an organization must be able to reduce cost and have flexibility in employment of resources. Engaging workers through contractors (contract labourer) reduces the overall labour cost by almost 50%. Indian labour legislations make reduction of regular workers almost impossible, but organisations can overcome this limitation by employing contract labourers. Contract labourers neither get the same benefit as regular employees nor do they have any job security. According to various recent surveys, government owned public sector units and other departments are the biggest employers of contract labourers in the country. Contractors, as middle - men, often exploit the contract labourers, and these government organizations have failed to stop the exploitation.Over time CTM started engaging a large number of contract labourers. At present, more than 35% of CM’s workers (total 5,000 in number) are contract labourers. CMMS leadership was wary about the slow erosion of its support base as regular workers slowly got replaced by contract workers and feared the day when regular workers would become a minority in the mill. So far, CMMS has refused to take contract labourers as members.Recently, based on rumours, CTM management started to investigate the alleged exploitation of contract labourers by certain contractors. Some contractors felt that such investigations may expose them and reduce their profit margin. They instigated contract labourers to demand for better wages. Some of the contract labourers engaged in material handling and cleaning work started provoking CTM management by adopting violent tactics.Today’s news - paper reports that police and CTM security guards fired two or three rounds in air to quell the mob. The trouble started while a security guard allegedly slapped one of the contract labourers following a heated argument. Angry labourers set fire to several vehicles parked inside the premises, and to the police jeeps.In the wake of recent happenings, what decision is expected from CTM management? From the combinations given below, choose the best sequence of action. I. Stop the current investigation against the contractors to ensure industrial peace; after all allegations were based on rumours. II. Continue investigation to expo se exploitation and take strong actions against trouble makers. III. Get in direct touch with all contract labourers through all possible means, communicate the need for current investigation to stop their exploitation, and convince them regarding CTM’s situation due to competition. Also expose those contractors who are creating problems. IV. Promise strong action against the security guards who are guilty. V. Increase the wages of contract labourers.
221694. In the current context, which among the following represent the most suitable reaction from CMMS leadership?
221695. Out of the options given below, which one would be the best policy decision by government at the national level?
221696. The criminals in the surrounding area often took their cue from the situation in the mill, creating law and order problems outside the mill which would later make it difficult for workers to come to mill safely. Given the circumstances, identify the stakeholder that should be the immediate priority of CTM management.
221698. If manager X gets his/her 1st choice, then his/her preference ranking is 1 and so on. Management decided to allot rooms so that the sum of the preference ranking of all the managers is minimized. What is the total preference ranking for the rooms allotted to all the managers?
221699. Suppose that Manager M2 decides not to join the new zonal office and Manager M6 takes his place. Manager M6 has the following preference ranking in decreasing order: 301, 302, 303, 304 - in this case what would be the sum of the preference ranking allotted to all five managers?
221700.
Answer question based on the following informationEvery Saturday, the members of Raja Harish Chandra Club meet in the evening. All the member of the club are honest and never lie. Last Saturday, the following conversation was heard at one of the table with five members sitting around it.Satya Sadhan: In this club not all members are friends with each other.
Satyabrata: None of the pair of friends in this club has any common friend.
Satyajit: Every pair of member who are not friends has exactly two common friends in this club.
Satya Pramod: There are fewer than 22 people in this club.How many members are there in the club?
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