Statement: The company has decided to increase the price of all its products to tackle the precarious financial position.
Assumptions:
I. The company may be able to wipe out the entire losses incurred earlier by this decision.
II. The buyers may continue to buy its products even after the increase.
III. The company has adequate resources to continue production for few more months.

Only I and III are implicit

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Only II is implicit

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Only II and III are implicit

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None is implicit

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None of these

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Solution

The correct option is A Only I and III are implicit
It is mentioned that the company has taken the decision to make up for the financial deficit. So, I is implicit. The response of the buyers to the increased prices cannot be deduced from the statement. So, II is not implicit. Since the company seeks to improve its financial position by increasing the prices of its products, so III is also implicit.

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Similar questions

Statement: The company has decided to increase the price of all its products to tackle the precarious financial position.

Assumptions:

I. The company may be able to wipe out the entire losses incurred earlier by this decision.

II. The buyers may continue to buy its products even after the increase.

III. The company has adequate resources to continue production for few more months.

Q. Samir Gupta started a telecommunication company, 'Donira Ltd.' to manufacture economical mobile phones for the Indian rural market with 15 employees. The company did very well in its initial years. As the product was good and marketed well, the demand of its products went up. To increase production the company decided to recruit additional employees. Samir Gupta, who was earlier taking all decisions for the company had to selectively disperse the authority. He believed that subordinates are competent, capable and resourceful and can assume responsibility for effective implementation of their decisions. This paid off and the company was not only able to increase its production but also expanded its product range.
(a) Identify the concept used by Samir Gupta through which he was able to steer his company to greater heights.
(b) Also explain any three points of importance of this concept.

Q. Neeraj Gupta started a company 'YoYo Ltd'. with ten employees, to assemble economical computers for the Indian rural market. The company did very well in its initial years. As the product was good and marketed well, the demand went up. To increase production the company decided to recruit additional employees. Neeraj Gupta, who was earlier taking all decisions for the company, had to selectively disperse the authority. He believed that people are competent, capable and resourceful and can assume responsibility for effective implementation of their decisions. This paid off and the company was not only able to increase its production but also expanded its product range with different features.
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(b) Also explain any three points of importance of this concept.

Q. Four Mark Question:
Nemaj Gupta stoned a company 'YoYo Ltd.' with ten employees, to assemble economical computers for the Indian rural market: The company did very well in its initial years. As the product was good and marketed well, the demand went up. To increase production the company decided to recruit additional employees. Neeraj Gupta, who was earlier taking all decisions for the company, had to selectively disperse the authority. He believed that people are competent, capable and resourceful and can assume responsibility for effective implementation of their decisions. This paid off and the company was not only able to increase its production but also expanded its product range with different features:
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(b) Also explain any three points of importance of this concept.

Statement: The apex body controlling universities in the country has decided to revise the syllabus of all the technical courses to make them focused towards the present needs of the industry there by making the technical graduates more employable than they are at present

Assumptions:

I. Technical colleges affiliated to different universities may not welcome the apex body's decision and may continue with the same syllabus as at present.

II. The industry may welcome the decision of the apex body and scale up their hiring from these colleges.

III. The Govt. may not allow the apex body to implement its decision in all the colleges as it may lead to chaos.

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