Question : Statement 1: Dairying involves the production and management of milk and milk products.
Statement 2: Dairying is a seasonal activity and can only be practiced in certain regions.
Option 1: Both statement 1 and statement 2 are true.
Option 2: Both statement 1 and statement 2 are false.
Option 3: Statement 1 is true, but statement 2 is false.
Option 4: Statement 1 is false, but statement 2 is true.
Correct Answer: Both statement 1 and statement 2 are false.
Solution : The correct answer is (b) Both statement 1 and statement 2 are false.
Statement 1 is false. Dairying refers to the practice of rearing and managing dairy animals, such as cows, buffaloes, and goats, for the production of milk and various dairy products like butter, cheese, yogurt, and more. It encompasses activities related to milk production, processing, and marketing.
Statement 2 is also false. Dairying is not limited to certain regions or seasons. While climatic conditions and availability of fodder may influence dairy farming practices, dairying can be practiced in various regions around the world, both in temperate and tropical climates. Dairy farming can also involve the use of techniques like stall-feeding, which allows for year-round milk production.
Therefore, both statement 1 and statement 2 are false.
Question : Statement 1: By integrating and automating all business processes, computerised accounting system benefits all firms. Statement 2: These tasks could include production, inventory management, sales, and financing.
Question : Assertion: Marketing management aims to enhance customer satisfaction and loyalty.
Reason: Marketing management is solely about increasing the production of goods.
Question : Assertion: Marketing management is the application of various marketing techniques and principles.
Reason: Marketing management is solely concerned with production processes.
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