Statement:
The sale of a particular product has gone down markedly due to a change in the trend causing great concern to the company.
Decisions:
I. The price of the product should be reduced and the quality should be improved.
II. The company should make a study of customer choices and market competition in the market.
Analyzing Logical Business Decisions for Sales Decline
The statement highlights a significant drop in product sales due to a changing market trend, causing concern for the company. We need to determine which proposed decisions logically follow from this situation.
Evaluating Decision I: Price Reduction and Quality Improvement
Decision I suggests reducing the product's price and improving its quality. While these actions might sometimes help boost sales, they are specific solutions. Implementing them without understanding the root cause of the sales decline might be ineffective or wasteful. The statement mentions a "change in trend" as the cause, which isn't necessarily directly addressed by just altering price and quality.
Evaluating Decision II: Market Study
Decision II proposes conducting a study of customer choices and market competition. This is a logical first step. Understanding why the trend has changed, what customers now prefer, and how competitors are performing is essential before deciding on specific actions like price changes or product improvements. This approach directly addresses the uncertainty caused by the "change in trend".
Conclusion
Based on the analysis:
- Decision I is a potential action but not a necessary logical first step.
- Decision II is a prerequisite for informed decision-making, directly addressing the need to understand the "change in trend".
Therefore, only decision II logically follows from the given statement as the initial, rational step.
Similar Questions
- A student has exactly eight books A, B, C, D, E, F, G and H, from which he must choose exactly five to be put in a bag. Any combination is acceptable, provided it meets the following conditions:
* If A is chosen, F cannot be chosen.
* If B is chosen, E must also be chosen.
* If D is chosen, G must also be chosen.
Choose from the given options below, the combination of books which satisfies given three conditions. - To join in a bank, there are few selection criteria. Read the given conditions and select your answer for the following situation.
Conditions:
1. Candidate must be a graduate with 60% marks.
2. Candidate must secure minimum 70% marks in the selection test.
3. Candidate should have a certificate in computer fundamentals.
Special Exemptions:
1. In case the graduation is in B.Tech, the 3rd condition can be waived off.
2. If the marks in selection test is less than 70% but more than 60%, and the graduation marks is more than 75%, the case will be referred to the GM for consideration.
Situation:
Vijay has applied for the post and secured 70% marks in the selection test. He has done B.Tech with 75% marks. - XYZ, a shipping corporation company, decided to recruit management trainees for one of its plants. The company laid down the following criteria for selecting candidates.
A. Should be a marine engineering graduate with a minimum of 65% marks.
B. Should have done an internship of at least 1 year with some shipping company.
C. Should not be less than 21 years of age and more than 29 years of age as on 1st July 2020.
D. Should have secured a minimum of 75% marks in the common entrance test.
Anirudh, who was born on $12^{\text{th}}$ March 1993, is a marine engineer with 61% marks and has also done an internship for a period of 14 months with a renowned shipping company. He has been working as a supervisor in a company for the past 2 years. He has secured 80% marks in the common entrance test.
Based on the above data (you cannot assume anything else), decide whether Anirudh is eligible for the above post. Study the following information carefully and answer the question that follows.
The following are the eligibility criteria for becoming a member of a library.
(i) The applicant should be able to pay a one-time membership fee of ₹10,000 and contribute two books worth ₹500.
(ii) The one-time membership fee is relaxed up to 50% if the applicant donates books worth ₹5,000 in total.
(iii) For school students, membership fee is relaxed till the age of 18 years.
(iv) Serving school teachers are required to pay only ₹2,000 if they help 20 students to become members of the library.
(v) Only for serving Defence personnel and their wards, the membership of the library is free of cost.
Data/information about an individual is given. You have to decide, based on the information provided, under which criterion/criteria is the individual eligible, if so, to get a membership. Please note that an individual can be eligible under more than one criteria. You are NOT to assume anything other than the information provided in each question.
Mr. A is 30-years-old and the son of a retired army officer. He is ready to pay a membership fee of ₹10,000 and contribute two books worth ₹500.
Read the given information carefully and answer the question that follows.
Mohit and Sunayana are good in Mathematics and English. Veena and Mohit are good in Mathematics and Science. Yash and Sunayana are good in History and English. Veena, Yash and Prithvi are good in Drawing and Science.
Who is good in Mathematics, History and English?
Read the given information carefully and answer the question that follows.
The following are the eligibility criteria for the selection of an Assistant Teacher (Social Science) for secondary classes.
i. The candidate should have a graduation degree including any two of the following subjects: Geography, History, Economics, Political Science and Public Administration.
ii. The candidate must possess a B.Ed. degree passed with first class.
iii. The candidate should have 8 years of teaching experience at an elementary level or 3 years of experience at a secondary level.
iv. The candidate should have good command over Hindi and English.
Information about a candidate is given. You have to decide, based on the information provided, under which criterion/criteria is the individual eligible for selection. Please note that an individual can be eligible under more than one criterion. You are NOT to assume anything other than the information provided the question.
Dr. Mohanty had Geography, English and Psychology in his graduation. He is a postgraduate in Geography and also has a Ph.D. degree. He has 8 years of teaching experience at a secondary level and can teach in Hindi and English very well.
A small shop owner keeps inventory satisfying the following criteria –
1. Shampoo sachets that are priced between Rs.4 and Rs.10 per sachet.
2. Chocolates in the price range of Re.1 and Rs.60 per piece.
3. Dry fruits priced more than Rs.125 per 100 grams.
4. Milk packets in the price range of Rs.21 and Rs.29 per litre.
Which list among the following will definitely NOT be found in his shop?
- A junior college inducts students based on the following criteria:
1. Students who scored above 75% in Physics, 85% in Mathematics and 70% in Chemistry.
2. Students who scored at least 60% in English.
3. Students who are good in a sport or play a musical instrument or know a dance form.
Which student among the following will the college definitely take?
Important Questions from Analytical Decision Making
A college council is auditioning students for a cultural festival. They must satisfy the following criteria —
1. Student must know at least one dance form.2. Student must know to play at least one musical instrument.
3. Student must have good acting skills.
Which one of the following will the council definitely select?
A. Z is a Bharat Natyam dancer, a violinist but does not have any acting skills.
B. P plays football, guitar, has acted in road shows and is a classical dancer.
C. J is a contemporary dancer, a great actor and is planning to learn flute.
D. A plays sitar, is a hip-hop dancer and does not have any acting skills.
‘MPQO’ is related to ‘KNSQ’ in a certain way based on the English alphabetical order. In the same way, ‘DGHF’ is related to ‘BEJH’. To which of the following is ‘EINW’ related, following the same logic?
Select the triad in which the numbers are related in the same way as are the numbers of the given triads.
(NOTE: Operations should be performed on the whole numbers, without breaking down the numbers into its constituent digits. E.g., 13 – Operations on 13 such as adding/deleting/multiplying etc. to 13 can be performed. Breaking down 13 into 1 and 3 and then performing mathematical operations on 1 and 3 is not allowed.)
(11, 1, 10)
(13, 7, 90)
In a certain code language, ‘BIRD’ is written as ‘DKTF’ and ‘KITE’ is written as ‘MKVG’. How will ‘EAGLE’ be written in that language?
Family C has a total monthly income of Rs. 26,000 which includes a pension of Rs. 3,000 earned by th widowed gandmother. The married couple has one 3-year-old son. The family has no members who have a criminal case, they do not own a residential property and they have not received any other subsidy. They are living in a rented house for the past 6 years.
