Correct Answer: Enhanced Consumer Trust

Solution : The correct answer is (b) Enhanced Consumer Trust. 

By investing in building a strong brand for their products, XYZ Electronics has created a positive image and reputation in the minds of consumers. This leads to enhanced consumer trust, as consumers are more likely to trust and be loyal to a brand they recognize and perceive as valuable. A strong brand also signifies consistent quality and reliability, further contributing to consumer trust and loyalty. Increased production efficiency, lower product costs, and reduced marketing expenses are potential benefits of effective branding but are not explicitly demonstrated in this case.

Correct Answer: Both statements are correct.

Solution : The correct answer is (a) Both statements are correct.

Statement 1 is correct. The marketing concept is indeed customer-oriented and aims to satisfy customer needs. It involves understanding customer needs and wants and then developing strategies to meet those needs through the design, production, and promotion of products or services.

Statement 2 is also correct. The production concept does indeed focus on minimizing production costs and maximizing profits. This concept emphasizes efficiency in production processes to lower production costs and increase output, ultimately leading to higher profitability.

Correct Answer: By optimizing resource utilization.

Solution : The correct answer is (c) By optimizing resource utilization.

EFG Manufacturing can benefit from an effective control system by optimizing resource utilization. A well-implemented control system helps the company identify inefficiencies, reduce waste, and improve the allocation of resources. This can lead to cost savings, increased productivity, and better overall performance, contributing to the company's success and competitiveness. The other options, such as increasing employee turnover, raising production costs, and reducing market competition, are not typically outcomes of effective control systems; in fact, an effective control system aims to mitigate such negative impacts.

Correct Answer: Divisional structure

Solution : As the organisation looks to diversify into the production of a new line of toys, it should switch from a functional structure to a divisional structure. Access to the performance will be simple. Hence, the correct option is 2.

Correct Answer: Departmentalisation

Solution : Departmentalization: Departmentalisation means a grouping of activities similar in nature a department. Hence, the correct option is 2.

Correct Answer: Product Concept

Solution : The correct answer is (c) Product Concept.

The Product Concept is a marketing philosophy that centers on creating high-quality products that meet or exceed customer expectations. It involves understanding customer needs and preferences and designing products that address those needs effectively. Additionally, the Product Concept emphasizes continuous product improvement to enhance customer satisfaction and maintain a competitive edge in the market. This approach places the product at the center of marketing efforts and aims to deliver superior value to customers through a focus on product quality, features, and benefits.

Correct Answer: Statement 1 is correct, and statement 2 is false.

Solution : The correct answer is (b) Statement 1 is correct, and statement 2 is false.

Statement 1 is correct. The marketing concept does aim to achieve customer satisfaction and long-term profitability. It involves understanding and meeting customer needs effectively to satisfy customers and ensure long-term business success and profitability.

Statement 2 is false. The production concept does not prioritize understanding customer preferences and needs. It is primarily concerned with efficient and cost-effective production processes to mass-produce standardized products, often without considering specific customer preferences.

Therefore, statement 1 is correct, and statement 2 is false.

Correct Answer: more than half of the country's paddy procurement

Solution : The correct option is the second option.

Explanation:
Telangana's contribution to the national stock of paddy is stated in the passage as "The Food Corporation of India (FCI) has procured 52 lakh tonnes of paddy from Telangana alone, which is more than half of the national target of 91 lakh metric tonnes."

The passage explicitly mentions that procurement from Telangana alone constitutes more than half of the national target, clearly indicating that Telangana's contribution exceeds the halfway mark of the country's paddy procurement goal.

Therefore, the correct answer is, more than half of the country's paddy procurement.

Correct Answer: Both the assertion and reason are true, and the reason is the correct explanation of the assertion.
 

Solution : The correct answer is (a) Both the assertion and reason are true, and the reason is the correct explanation of the assertion.

The Green Revolution in India did lead to a significant increase in agricultural production, supporting the assertion. The introduction of high-yielding crop varieties, such as dwarf wheat and rice, along with the adoption of modern farming techniques, including the use of fertilizers and irrigation, resulted in higher crop yields. This led to a substantial increase in agricultural production, helping to address food shortages and improve food security in the country.

The reason provided correctly explains the assertion. The adoption of high-yielding crop varieties and modern farming techniques played a crucial role in increasing crop productivity and overall agricultural production. These advancements allowed farmers to obtain higher yields from their land and contribute to the overall increase in agricultural output during the Green Revolution.

Therefore, the correct answer is that both the assertion and reason are true, and the reason is the correct explanation of the assertion.

Correct Answer: Production Concept

Solution : The correct answer is (c) Production Concept.

The Production Concept is a marketing philosophy that emphasizes producing high-quality products at the lowest possible cost and making them widely available to customers. The primary focus is on production efficiency, streamlining operations, and reducing production costs to ensure that products are affordable and readily accessible to customers. This approach assumes that customers will favor products that are easily available and affordable, placing the emphasis on the production and distribution aspects of the business.