Statement: Consumer is the focal point of economic liberalisation, globalisation and reforms. Any manufacturing activity or service to succeed has to satisfy him. Assumptions: I. Very few companies are concerned with consumer satisfaction.II. Consumer satisfaction is best investment in a competitive economy.

if only assumption I is implicit.

if only assumption II is implicit.

if neither I nor II is implicit.

Statement: Consumer is the focal point of economic liberalisation, glo

1.	Statement: Consumer is the focal point of economic liberalisation, globalisation and reforms. Any manufacturing activity or service to succeed has to satisfy him. Assumptions: I. Very few companies are concerned with consumer satisfaction.II. Consumer satisfaction is best investment in a competitive economy.
A.	if only assumption I is implicit.
B.	if only assumption II is implicit.
C.	if either I or II is implicit.
D.	if neither I nor II is implicit.
E.	if both I and II are implicit.
Answer» C. if either I or II is implicit.

Discussion

No Comment Found

Related MCQs

Statement "In our report published last week, the name of the author was miss-spelt. We regret the error", a magazine editor.Assumptions I. The name of the author was not easy to spell.II. Publishing correct name of author is not as important as the quality if the article.III. Publishing correct name of authors is desirable.
Statement "Use 'Nova' cold cream for fair complexion.", an advertisement.Assumptions I. People like to use cream for fair complexion.II. People are easily fooled.III. People respond to the advertisements.
Statement "Since no university has responded to our proposal, we shall not depute any faculty member on the course this year".Assumptions I. The proposal has been received by the universities.II. The proposal had also indicate financial provision.III. The proposal was unanimously approved by state Government also.
Statement "We must introduce objective type tests to reform improve our examination system for admission to MBA", the chairman of the admission committee tells the committee.Assumptions I. The admission at present is directly through interview.II. The admission committee is desirous of improving the admission exams.III. The chairman himself is an MBA.
Statement The electricity company informed consumers through a notice that those whose did not pay their bills by the due date would be charged penalty for every day of default.Assumptions I. Money collected as penalty would compensate for the losses incurred due to delay in making payment in bills II. People generally read notice.III. Majority of people would pay their bills by the due date to avoid penalty.
Statement The State Government has unilaterally increased octroi by 5% on all commodities entiering into the state without seeking approval of the Central Government.AssumptionsI. The State Government may be able to implement its decision.II. The Central Government may agree to support the State Government's decision.III. The State Government may be able to earn considerable amount through the additional octroi.
Statement The Central Government has directed the State Government to reduce the Government expenditure in view of the serious resource crunch and it may not be able to sanction every additional grant to the states for the next six months. Assumptions I. The State Government is totally dependent on the Central Government for its expenditure.II. The Central Government has reviewed the expenditure account of the State Government.III. The State Government will abide by the directives.
Statement "Buy 'Y' TV for better sound quality.", an advertisement.Assumptions I. 'Y' TV is the only TV in the marketII. 'Y' TV is the costliest.III. People generally ignore such advertisements.
Statement "Look at her audacity Madhu had not replied to my letter", A tells B.Assumptions I. Madhu received his letter.II. Madhu did not receive his letter.III. The letter was sent by post.
Statement She had the ability to be a very good singer but she could not explore herself in that direction, A tells B about D.Assumptions I. D is a male.II. D is female.III. A and B are close friends.

Discussion

No Comment Found

Related MCQs

Reply to Comment