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Question : Case Study:

ABC Electronics is known for creating products that cater to customers' evolving needs and preferences. They constantly analyze market trends and implement innovative marketing strategies. Which marketing concept does ABC Electronics adhere to?

Option 1: Production Concept

Option 2: Selling Concept

Option 3: Marketing Concept

Option 4: Societal Marketing Concept

Team Careers360 6th Jan, 2024

Correct Answer: Marketing Concept


Solution : The correct answer is  (c) Marketing Concept

The marketing concept focuses on understanding and meeting customers' needs and preferences by analyzing market trends and implementing innovative marketing strategies. It is customer-centric and aims to deliver superior value to customers in order to achieve the

14 Views

Question : Case Study: XYZ Manufacturing Company

XYZ Manufacturing Company is a well-established firm that produces consumer electronics. The management is planning to launch a new line of smart home appliances.

Question:

The type of plan that XYZ Manufacturing Company should develop to introduce the new line of smart home appliances is:

Option 1: Tactical plan
 

Option 2: Strategic plan
 

Option 3: Contingency plan

  

Option 4: Operational plan

Team Careers360 15th Jan, 2024

Correct Answer: Strategic plan
 


Solution : The correct answer is (b). Strategic plan

A strategic plan outlines the long-term goals and objectives of the company. For XYZ Manufacturing, this would involve defining the vision for the new smart home appliances, understanding the market, identifying target customers, and positioning the products

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if i completed diploma in electronics and telecommunication can i get admission into AI in btech

mjaisinghani62 27th Jan, 2024

Hello aspirant

Bachelor of technology in Artificial intelligence is a four years undergraduate program.

The course deals with advanced learning that provides knowledge of advanced technologies like machine learning etc. It also provides deep learning and artificial cognition.

Eligibility for b tech in AI - Thr student must have passed

8 Views

Question : Case Study: XYZ Electronics Pvt. Ltd.

XYZ Electronics Pvt. Ltd. is a growing company specializing in the manufacturing of electronic gadgets. The management believes in effective directing to ensure smooth operations. Consider the following scenario to answer the questions.

Question:

The directing function at XYZ Electronics ensures that employees:

Option 1: Work individually without any coordination
 

Option 2: Focus on their personal goals
 

Option 3: Contribute to achieving organizational objectives

 

Option 4: Avoid communication with their peers

Team Careers360 6th Jan, 2024

Correct Answer: Contribute to achieving organizational objectives

 


Solution : The correct answer is (c) Contribute to achieving organizational objectives.

The directing function involves guiding, instructing, and overseeing employees to align their efforts and activities towards achieving the organization's goals and objectives. It includes providing clear instructions, coordinating efforts, and motivating

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Question : Case Study: XYZ Electronics wants to improve efficiency by assigning specialized tasks to employees based on their skills. Which principle of management does this reflect?

 

Option 1: Initiative

Option 2: Division of labor

Option 3: Unity of command

Option 4: Scalar chain

Team Careers360 4th Jan, 2024

Correct Answer: Division of labor


Solution : The correct answer is (b) Division of labor

The principle of "Division of labor" involves breaking down the overall work into smaller, specialized tasks and assigning them to individuals or groups based on their skills, expertise, and capabilities. This specialization helps in improving

9 Views

Question : Case Study: XYZ Electronics Pvt. Ltd.

XYZ Electronics Pvt. Ltd. is a growing company specializing in the manufacturing of electronic gadgets. The management believes in effective directing to ensure smooth operations. Consider the following scenario to answer the questions.

Question:

The supervisor at XYZ Electronics encourages employees to share their opinions and ideas, promoting a culture of:

Option 1: Micromanagement
 

Option 2: Autocracy
 

Option 3: Open communication and participation

 

Option 4: Isolation

Team Careers360 25th Jan, 2024

Correct Answer: Open communication and participation

 


Solution : The correct answer is (c) Open communication and participation.

Encouraging employees to share their opinions and ideas fosters an environment of open communication and active participation. It allows for collaboration, creativity, and the pooling of diverse perspectives to drive innovation and decision-making

46 Views

Question : Case Study:

ABC Electronics sets its prices based on market demand, competitor pricing, and production costs. What pricing strategy does this case exemplify?

 

Option 1: Psychological Pricing

Option 2: Penetration Pricing

Option 3: Skimming Pricing

Option 4: Cost-Plus Pricing

Team Careers360 24th Jan, 2024

Correct Answer: Cost-Plus Pricing


Solution : The correct answer is (d) Cost-Plus Pricing. 

ABC Electronics sets its prices based on market demand, competitor pricing, and production costs. Cost-Plus Pricing involves calculating the total cost to produce a product or service and then adding a markup (a certain percentage or amount)

14 Views

Question : Case Study: XYZ Electronics Pvt. Ltd.

XYZ Electronics Pvt. Ltd. is a growing company specializing in the manufacturing of electronic gadgets. The management believes in effective directing to ensure smooth operations. Consider the following scenario to answer the questions.

Question: 

Which element of directing ensures that tasks are performed as planned?

Option 1: Decision-making
 

Option 2: Communication
 

Option 3: Motivation

 

Option 4: Coordination

Team Careers360 12th Jan, 2024

Correct Answer: Coordination


Solution : The correct answer is (d) Coordination.

Coordination is the process of harmonizing and integrating the efforts of team members to ensure that tasks align with the overall plan. It involves organizing, synchronizing, and overseeing activities to meet the objectives. Effective coordination ensures that tasks are

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