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A customer purchased two units of the same item, one from a shopkeeper and one from a whole seller. The whole seller sold the items to the shopkeeper and customer at 15% profit while the shopkeeper sold the item to the customer at 20% profit. If the difference between the price of both units for the customer is Rs. 96.6, then what is the total cost of both the units for the customer?
Consider the following statements.
1. The stage of industry's development (life cycle) cannot influence the nature of competitive rivalry.
2. As the industry starts to mature in terms of life cycle, rules are rejected, consumer expectations about quality and performance are blurred and industry standards are put for modification.
3. A major feature of maturing industries is the tendency for competition based on product pricing becoming similar.
4. In declining industries, only the most efficient firms can earn reasonable profits. In the light of industry life cycle.
Which of the above statements are true?
Arrange the following steps of 'international product life cycle theory' in a correct order.
1. Maturity stage
2. Introductory stage
3. Decline stage
4. Growth stage
The figure shows the revenue generated over different product life cycle stages marked as P, Q, R and S. Group I lists these product life cycle stages. Group II lists typical efforts leading to revenue maximization during a stage. Group I Group II P. Introduction 1. Efforts to enhance the production capacity Q. Growth 2. Efforts to rejuvenate the product R. Maturity 3. Efforts to maximize the product performance S. Decline 4. Efforts to explore other markets Match the stage with the efforts.
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: In an interview with ETCIO.COM, Kuruvilla Markose, Chief Digital Officer of Titan shares his perspective on how technology is serving the company’s digital vision and the various initiatives that he is spearheading to hone the competitive edge of Titan. He is the first CDO to be appointed by the software conglomerate Tata Group. He is the man who has put the Titan’s digital transformation on fast-track. Which of the following arguments support the fact that Kuruvilla Markose has put Titan’s digital transformation on fast-track? Arguments: I. Markose is a man with a vision. He is the first CDO to be appointed by the software conglomerate Tata Group. He has spent his entire two decade long career in Tata Group. He has been in customer facing roles across different group companies.  II. His CDO role is horizontal and supports Titan’s myriad business lines: watches, jewellery, bags, perfumes wallets, and eye-wear. But the man and his words are grounded. Diny, as he is popularly known, is a man of measured speech and bearing. III. “Digital innovation”, according to Markose, is all about creating value for the customer. To him, customer centricity is the road to longevity in the digital age. Under his stewardship, Titan has launched a panoply of digital initiatives aimed at improving customer centricity.
Which code does not match? - Stage of Unification of Rajasthan Date (A) Third stage 18 April 1948 (B) Fourth stage 30 March 1948 (C) Fifth stage 15 May 1949 (D) Sixth stage 26 January 1950
Phillip Kotler argues that the 4 Ps which represent the seller’s thinking more than buyer’s thinking can be translated into the 4 Cs. Match the following : 4 Ps of marketing Planning 4 Cs of Marketing Planning 1. Product (a) Customer Communication 2. Price (b) Customer value 3. Place (c) Customer costs 4. Promotion (d) Customer convenience Select the correct matching using the code given below :
A shopkeeper marked an item 50% above the cost price and sold to customer A at a 10% discount. While he marked the same item 60% above the cost price and sold to customer B at a 20% discount. If customer A paid Rs. 56 more than customer B, then what is the profit amount earned by a shopkeeper after selling items to both the customers?
A company sold a bike worth Rs. 40000 to a dealer at a profit of 5%. The dealer sold it to a customer at a profit of 12%. After few years, the customer sold the bike back to the dealer at 25% loss. If the dealer sold the old bike to a new customer at 5% profit, at what price did the new customer bought the bike?
The cost of servicing of a Maruti car at Maruti care Pvt. Ltd. is Rs. 400. Manager of service centre told me that for the second service within a year a customer can avail a 10% discount and further for third and fourth servicing he can avail 10% discount of the previous amount paid, within a year. Further if a customer gets more than 4 services within a year, he has to pay just 60% of the servicing charges on these services. A customer availed 5 services from the same servicing station, what is the total percentage discount fetched by the customer?