IIFT2015QuestionPaper Related Question Answers
76.
Read the following information and tables and answer the questions that follow.Torrent Enterprises sells air conditioners of Eagle Brand in the retail market of Delhi. The month-wise total number of Window Air Conditioner (WAC) units sold by Torrent during April 2014 to March 2015 are shown below in Table A. Table B shows the share of different types of WACs in total monthly sales for the said period.
Number of Units Sold by Torrent Enterprises During the Period April 14 to March 15 Table A
Table B
Performance measures are as follows:
Half Yearly Sales Performance:$$\frac{\text{Oct 14 to Mar 15 Average Sales - April 14 to Sep 14 Average Sales}}{\text{April 14 to Sep 14 Average Sales}}$$Monthly Sales Performance:
$$\frac{\text{Current Month Sales - Pervious Month Sales}}{\text{Previous Month Sales}}$$Sales Volatility:
$$\frac{\text{Maximum Monthly Sales - Minimum Monthly Sales}}{\text{Average Monthly Sales}}$$What is the closest average number of 11⁄2 ton Window ACs sold by Torrent Enterprises during April 2014 - March 2015?
77. The absolute difference between average annual sales (in units) of which pair of WACs type is the highest
81.
Read the following information, graph and table and answer the questions that follow.
Ellen Inc. is a Mumbai based company which sells five products branded as A, B, C, D and E in India. Anita looks after entire sales of North India working from regional office in Delhi. She was preparing for annual review meeting scheduled next day in Mumbai. She was attempting to analyse sales in North India for the seven year period from 2009 to 2015. She first calculated average sales in rupees of all the five brands and constructed a table exhibiting the difference between average sales of each pair of brands as shown in the following table:
Average Sales of Product A minus Average Sales of Product B
After taking a print out of the above table, she attempted to look at the trend of sales and plotted a graph in MS Excel. Later she took a print out of the graph and left for a meeting. While on her way she figured out that due to some printer cartridge problem sales of Product A in 2013, Product C in 2010, and Product D in 2012 were not visible in the graph as reproduced below. Anita had to make some quick calculations to arrive at the information outlined in the following question.
What are the sales of Product A in 2013, Product C in 2010 and Product D in 2012?
84. The difference between average sales of products for the period 2009-15 is the least for which pair of products?
85. If Year on Year (YoY) Growth is {Current Year Sales − Previous Year Sales }/ Previous Year Sales then the YoY growth of combined sales of all products has suffered maximum decline in which year?
86.
Read the following information and graph and answer the questions that follow.An international Organisation produces a Competitive Index of countries every two years based on eight factors (Institutions, Infrastructure, Macroeconomic Environment, Higher Education, Market Efficiency, Technological Readiness, Business Sophistication and Innovation). The last three indices were developed in 2010, 2012 and 2014. The scores for all eight factors of XYZ country are shown in the graph below:
If Factor performance is measured as 0.30 × Factor Score in 2014 + 0.35 × Factor Score in 2012 + 0.35 × Factor Score in 2010, then which of the following has best Factor Performance?
87. If Factor Performance is measured as $$\frac{ \text {Factor Score 2014 - Factor Score 2012 }}{ \text{Factor Score 2010}}$$ then which of the following has best Factor Performance?
88. Which of the following factors has the highest average score across indices of 2010, 2012 and 2014?
90.
Read the following information and the accompanying graphs to answer the questions that follow.
www.jay.com spent $ 5,57,000 during last 12 months for online display advertisements, also called impressions, on five websites (Website A, Website B, Website C, Website D and Website E). In this arrangement, www.jay.com is the Destination Site, and the five websites are referred to as the Ad Sites. The allocation of online display advertising expenditure is shown in Graph A. The online display advertisements helped www.jay.com to get visitors on its site. Online visitors, visiting the Ad Sites, are served display advertisements of www.jay.com and on clicking they land on the Destination Site (Graph B). Once on the Destination Site, some of the visitors complete the purchase process(Graph C)
Quality traffic = $$\frac{\text{No. of site visitors who start purchase on destination site}}{\text{No. of visitors who click the online display advertisement}}$$
Leakage in online buying = 1 − $$\frac{\text {Complete buying on the destination website}}{\text{Start buying on the destination website}}$$Efficiency of online display advertising expenditure on an Ad Site = $$\frac{\text{No. of visitors from the Ad Site who complete the purchase process}}{\text{Amount spent on the Ad Site}}$$
Which of following Ad Sites provide facility of least cost per advertisement?
94. Which among the following is the common objective both Mittal and Arcelor had for aspiring to become bigger steel-makers?
97. What is the remark that the author of this passage considers a defensible one, rather than a hyperbole?
99. What has been said as the common commitment shared by the early twentieth-century figures who imagined and worked for a networked society?
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