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IIFT Mock Test - 4 (New Pattern) - CAT MCQ


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30 Questions MCQ Test - IIFT Mock Test - 4 (New Pattern)

IIFT Mock Test - 4 (New Pattern) for CAT 2024 is part of CAT preparation. The IIFT Mock Test - 4 (New Pattern) questions and answers have been prepared according to the CAT exam syllabus.The IIFT Mock Test - 4 (New Pattern) MCQs are made for CAT 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for IIFT Mock Test - 4 (New Pattern) below.
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IIFT Mock Test - 4 (New Pattern) - Question 1

Choose one of the following options that means the opposite of the given word.

Copious

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 1
Copious means abundance or plentiful, so its antonym is scarce.

Hence the correct option is (b).

IIFT Mock Test - 4 (New Pattern) - Question 2

Select the option with the incorrect spelling.

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 2
The correct spelling is Lieutenant.

Hence, the correct option is (a).

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IIFT Mock Test - 4 (New Pattern) - Question 3

He is the black sheep of the family is an example of:

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 3
Metaphor is a figure of speech which makes an implicit, implied or hidden comparison between two things or objects that are poles apart from each other but have some characteristics common between them. The given example is that of a metaphor.

Hence, the correct option is (c).

IIFT Mock Test - 4 (New Pattern) - Question 4

Which one of the following statements is grammatically incorrect?

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 4
Statement (c) is incorrect as the subject of the sentence is 'supposed explanation' and it requires a singular verb 'was' instead of 'were'.

Hence, the correct option is (c).

IIFT Mock Test - 4 (New Pattern) - Question 5

Select the phrase which is closest in meaning to the given phrase.

To be off your head means:

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 5
To be off your head means to be crazy, e.g. You must be off your head going out in this weather.

Hence, the correct option is (d).

IIFT Mock Test - 4 (New Pattern) - Question 6

Choose the correctly spelled word.

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 6
The correctly spelled word is Inconspicuous.

Inconspicuous means not easily or quickly noticed or seen, or not attracting attention.

For example: She tried to remain as inconspicuous as possible so that no one would see her there.

Hence, the correct option is (A).

IIFT Mock Test - 4 (New Pattern) - Question 7

Select the word to replace the blank spaces.

Troubled : Distraught :: Tranquil :______

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 7
Troubled and distraught are synonyms. Tranquil means calm or placid. The appropriate synonym for tranquil is unruffled.

Hence, the correct option is (b).

IIFT Mock Test - 4 (New Pattern) - Question 8

Arrange the sentences in the most logical sequence:

(i) Examples of this are the logical classification of ragas into melakarthas, and the use of fixed compositions similar to Western classical music.

(ii) Carnatic music, from South India, tends to be more rhythmically intensive and structured than Hindustani music.

(iii) In addition, accompanists have a much larger role in Carnatic concerts than in Hindustani concerts.

(iv) Carnatic raga elaborations are generally much faster in tempo and shorter than their equivalents in Hindustani music.

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 8
It is clear that statement (ii) should be the starting sentence, as it provides the most generic introduction. Statement (i) follows statement (ii), as it takes forward the sentiment of Carnatic music being more structured than Hindustani music. Statements (iv) and (iii), in that order, provide additional differences.

Hence, the correct option is (b).

IIFT Mock Test - 4 (New Pattern) - Question 9

For each of the questions below, select the word that fits well in all the four sentences.

While I sympathized in concept, the very nature of Howie's capabilities were so awesome to me, I couldn't ______ the ramifications of broadening them.

He couldn't _______ of some jurisdiction now part of a larger database wanting Fred for past sins.

I am certain you cannot ______ a place so charming as the Valley of Ooty.

The situation, we _______, is one which, if for a moment good sense and good feeling could come into play between the contending parties, might be turned to advantage.

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 9
In the given case, the sentence which helps you solve the question is sentence 2. Since it uses 'of', the only words that can fit in the context are think and conceive (the other two words cannot be used with of). But the problem with 'think' is that it does not fit sentence 3, as the phrase 'think a place' does not make sense in the given case. Thus, the correct word is conceive.

Hence, the correct option is (B).

IIFT Mock Test - 4 (New Pattern) - Question 10

Match the word in column 1 with the word in column 2.

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 10

Hence, the correct option is (A)

IIFT Mock Test - 4 (New Pattern) - Question 11

Select the most appropriate antonym for the given word.

Ignominy

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 11
Ignominy means a state of dishonor. Hence respect is the antonym of Ignominy.

Hence, the correct option is (a).

IIFT Mock Test - 4 (New Pattern) - Question 12

Select the option with the incorrect spelling.

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 12
The word- "Himorhage" has the incorrect spelling. The correct spelling is "haemorrhage".

Hence, the correct option is (D).

IIFT Mock Test - 4 (New Pattern) - Question 13

Which one of the following statements is grammatically correct?

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 13
Sentence A (incorrect): If two different singular nouns express one idea, the verb should be in the singular form.

Sentence C (incorrect): 'The number' is singular in nature.

Sentence D (incorrect): Collective nouns indicating time, money and measurements used as a whole are singular and take a singular verb.

Hence, the correct option is (b).

IIFT Mock Test - 4 (New Pattern) - Question 14

Select the phrase which is closest in meaning to the given phrase.

To come in from the cold means:

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 14
To come in from the cold means to become accepted by society, e.g. The government wants to see some proof that the rebels want peace before bringing them in from the cold.

Hence, the correct option is (c).

IIFT Mock Test - 4 (New Pattern) - Question 15

Answer the questions that follow with the appropriate choice of word.

Identify the word that would best fit a characteristic of judge.

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 15
The meanings of the four options are provided below

Diffidence: Lack of self-confidence

Perspicacious: Acutely insightful and wise

Sanguine: Confidently optimistic and cheerful

Sullen: Showing a brooding ill humor

A judge is meant to be wise and one who can use his insight to resolve matters.

Hence, the correct option is (b).

IIFT Mock Test - 4 (New Pattern) - Question 16

Select the word to replace the blank spaces.

Audacious : Trepidation :: Laconic :_______

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 16
Audacious and trepidation are antonyms. Laconic means 'brief and to the point'. Among the given options, long-winded means Using or containing too many words which is the antonym for laconic.

Hence, the correct option is (d).

IIFT Mock Test - 4 (New Pattern) - Question 17

Arrange the sentences in the most logical sequence:

(i) Della finished her cry and attended to her cheeks with the powder rag.

(ii) Tomorrow would be Christmas Day, and she had only $1.87 with which to buy Jim a present.

(iii) She stood by the window and looked out dully at a grey cat walking a grey fence in a grey backyard.

(iv) She had been saving every penny she could for months, with this result.

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 17
Statement (i) forms the opening sentence of the paragraph, and provides us the protagonist of the paragraph. Statements (ii) and (iv) are inter-linked together, with the common reference to the money saved. From the given options that have (i) as their opening sentences, option (a) is the perfect fit as it provides us the subject, and the paragraph is suitably taken forward.

Hence, the correct option is (a).

IIFT Mock Test - 4 (New Pattern) - Question 18

For each of the questions below, select the word that fits well in all the four sentences.

For some reason she had always thought Alex would ______ quickly to any lifestyle.

In the meantime, I've got to run out this morning to meet with my financial manager to ______ my plan now that I'm happily unemployed.

Banks will be subject to new restraints on lending but will have more than eight years to ______, which is longer than anticipated.

Every time the weather got cold outside, other residents in the complex cranked their heaters up and then he had to _______ his own thermostat.

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 18
In the given question, the two words that come close to being correct are adapt and adjust. But in sentence 2 and sentence 4, adapt does not fit in the given sentences. Sentence 4 requires a word that co-relates with the change in the setting of the thermostat, and adjust is the apt word for the given sentiment.

Hence, the correct option is (d).

IIFT Mock Test - 4 (New Pattern) - Question 19

Match the word in column 1 with the word in column 2.

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 19
The correct words for the words are listed below

IIFT Mock Test - 4 (New Pattern) - Question 20

Directions: Read the following passage carefully and answer the questions given.

It was my duty to shoot, and I don't regret it. The woman was already dead. I was just making sure she didn't take any Marines with her. It was clear that not only did she want to kill them, but she didn't care about anybody else nearby who would have been blown up by the grenade or killed in the firefight. Children on the street, people in the houses, maybe her child.

She was too blinded by evil to consider them. She just wanted Americans dead, no matter what. My shots saved several Americans, whose lives were clearly worth more than that woman's twisted soul. I can stand before God with a clear conscience about doing my job. But I truly, deeply hated the evil that woman possessed. I hate it to this day. Savage, despicable evil. That's what we were fighting in Iraq. That's why a lot of people, myself included, called the enemy "savages." There really was no other way to describe what we encountered there.

People ask me all the time, "How many people have you killed?" My standard response is, "Does the answer make me less, or more, of a man?". The number is not important to me. I only wish I had killed more. Not for bragging rights, but because I believe the world is a better place without savages out there taking American lives. Everyone I shot in Iraq was trying to harm Americans or Iraqis loyal to the new government. I had a job to do as a SEAL. I killed the enemy - an enemy I saw day in and day out plotting to kill my fellow Americans. I'm haunted by the enemy's successes. They were few, but even a single American life is one too many lost. I don't worry about what other people think of me. It's one of the things I most admired about my dad growing up. He didn't give a hoot what others thought. He was who he was. It's one of the qualities that has kept me most sane.

I'm still a bit uncomfortable with the idea of publishing my life story. First of all, I've always thought that if you want to know what life as a SEAL is like, you should go get your own Trident: earn our medal, the symbol of who we are. Go through our training, make the sacrifices, physical and mental. That's the only way you'll know.

Second of all, and more importantly, who cares about my life? I'm no different than anyone else. I happen to have been in some pretty grave situations. People have told me it's interesting. I don't see it. Other people are talking about writing books about my life, or about some of the things I've done. I find it strange, but I also feel it's my life and my story, and I guess I better be the one to get it on paper the way it actually happened.

Also, there are a lot of people who deserve credit, and if I don't write the story, they may be overlooked. I don't like the idea of that at all. My boys deserve to be praised more than I do. The Navy credits me with more kills as a sniper than any other American service member, past or present. I guess that's true. They go back and forth on what the number is. One week, it's 160 (the "official" number as of this writing, for what that's worth), then it's way higher, then it's somewhere in between. If you want a number, ask the Navy - you may even get the truth if you catch them on the right day.

People always want a number. Even if the Navy would let me, I'm not going to give one. I'm not a numbers guy. SEALs are silent warriors, and I'm a SEAL down to my soul. If you want the whole story, get a Trident. If you want to check me out, ask a SEAL. If you want what I am comfortable with sharing, and even some stuff I am reluctant to reveal, read on.

I've always said that I wasn't the best shot or even the best sniper ever. I'm not denigrating my skills. I certainly worked hard to hone them. I was blessed with some excellent instructors, who deserve a lot of credit. And my boys - the fellow SEALs and the Marines and the Army soldiers who fought with me and helped me do my job - were all a critical part of my success. But my high total and my so-called "legend" have much to do with the fact that I was in the action a lot.

In other words, I had more opportunities than most. I served back-to-back deployments from right before the Iraq War kicked off until the time I got out in 2009. I was lucky enough to be positioned directly in the action. There's another question people ask a lot: Did it bother you killing so many people in Iraq? I tell them, "No."

And I mean it. The first time you shoot someone, you get a little nervous. You think, can I really shoot this guy? Is it really okay? But after you kill your enemy, you see it's okay. You say, Great. You do it again. And again. You do it so the enemy won't kill you or your countrymen. You do it until there's no one left for you to kill. That's what war is. I loved what I did. I still do. If circumstances were different - if my family didn't need me - I'd be back in a heartbeat. I'm not lying or exaggerating to say it was fun. I had the time of my life being a SEAL.

People try to put me in a category as a dangerous, a good ol' boy, jerk, sniper, SEAL, and probably other categories not appropriate for print. All might be true on any given day. In the end, my story, in Iraq and afterward, is about more than just killing people or even fighting for my country. It's about being a man. And it's about love as well as hate.

Q. Why is the number of killings not important for the author?

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 20
It is written in the 3rd paragraph that the author wants to kill more as he considers that fewer evil is better for world.

Hence, the correct option is (d).

IIFT Mock Test - 4 (New Pattern) - Question 21

Directions: Read the following passage carefully and answer the questions given.

It was my duty to shoot, and I don't regret it. The woman was already dead. I was just making sure she didn't take any Marines with her. It was clear that not only did she want to kill them, but she didn't care about anybody else nearby who would have been blown up by the grenade or killed in the firefight. Children on the street, people in the houses, maybe her child.

She was too blinded by evil to consider them. She just wanted Americans dead, no matter what. My shots saved several Americans, whose lives were clearly worth more than that woman's twisted soul. I can stand before God with a clear conscience about doing my job. But I truly, deeply hated the evil that woman possessed. I hate it to this day. Savage, despicable evil. That's what we were fighting in Iraq. That's why a lot of people, myself included, called the enemy "savages." There really was no other way to describe what we encountered there.

People ask me all the time, "How many people have you killed?" My standard response is, "Does the answer make me less, or more, of a man?". The number is not important to me. I only wish I had killed more. Not for bragging rights, but because I believe the world is a better place without savages out there taking American lives. Everyone I shot in Iraq was trying to harm Americans or Iraqis loyal to the new government. I had a job to do as a SEAL. I killed the enemy - an enemy I saw day in and day out plotting to kill my fellow Americans. I'm haunted by the enemy's successes. They were few, but even a single American life is one too many lost. I don't worry about what other people think of me. It's one of the things I most admired about my dad growing up. He didn't give a hoot what others thought. He was who he was. It's one of the qualities that has kept me most sane.

I'm still a bit uncomfortable with the idea of publishing my life story. First of all, I've always thought that if you want to know what life as a SEAL is like, you should go get your own Trident: earn our medal, the symbol of who we are. Go through our training, make the sacrifices, physical and mental. That's the only way you'll know.

Second of all, and more importantly, who cares about my life? I'm no different than anyone else. I happen to have been in some pretty grave situations. People have told me it's interesting. I don't see it. Other people are talking about writing books about my life, or about some of the things I've done. I find it strange, but I also feel it's my life and my story, and I guess I better be the one to get it on paper the way it actually happened.

Also, there are a lot of people who deserve credit, and if I don't write the story, they may be overlooked. I don't like the idea of that at all. My boys deserve to be praised more than I do. The Navy credits me with more kills as a sniper than any other American service member, past or present. I guess that's true. They go back and forth on what the number is. One week, it's 160 (the "official" number as of this writing, for what that's worth), then it's way higher, then it's somewhere in between. If you want a number, ask the Navy - you may even get the truth if you catch them on the right day.

People always want a number. Even if the Navy would let me, I'm not going to give one. I'm not a numbers guy. SEALs are silent warriors, and I'm a SEAL down to my soul. If you want the whole story, get a Trident. If you want to check me out, ask a SEAL. If you want what I am comfortable with sharing, and even some stuff I am reluctant to reveal, read on.

I've always said that I wasn't the best shot or even the best sniper ever. I'm not denigrating my skills. I certainly worked hard to hone them. I was blessed with some excellent instructors, who deserve a lot of credit. And my boys - the fellow SEALs and the Marines and the Army soldiers who fought with me and helped me do my job - were all a critical part of my success. But my high total and my so-called "legend" have much to do with the fact that I was in the action a lot.

In other words, I had more opportunities than most. I served back-to-back deployments from right before the Iraq War kicked off until the time I got out in 2009. I was lucky enough to be positioned directly in the action. There's another question people ask a lot: Did it bother you killing so many people in Iraq? I tell them, "No."

And I mean it. The first time you shoot someone, you get a little nervous. You think, can I really shoot this guy? Is it really okay? But after you kill your enemy, you see it's okay. You say, Great. You do it again. And again. You do it so the enemy won't kill you or your countrymen. You do it until there's no one left for you to kill. That's what war is. I loved what I did. I still do. If circumstances were different - if my family didn't need me - I'd be back in a heartbeat. I'm not lying or exaggerating to say it was fun. I had the time of my life being a SEAL.

People try to put me in a category as a dangerous, a good ol' boy, jerk, sniper, SEAL, and probably other categories not appropriate for print. All might be true on any given day. In the end, my story, in Iraq and afterward, is about more than just killing people or even fighting for my country. It's about being a man. And it's about love as well as hate.

Q. Why does the author feel uncomfortable while publishing his story?

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 21
It can be inferred from the 4th paragraph that he wants people to live the life by going through training and making sacrifices.

Hence, the correct option is (c).

IIFT Mock Test - 4 (New Pattern) - Question 22

Directions: Read the following passage carefully and answer the questions given.

It was my duty to shoot, and I don't regret it. The woman was already dead. I was just making sure she didn't take any Marines with her. It was clear that not only did she want to kill them, but she didn't care about anybody else nearby who would have been blown up by the grenade or killed in the firefight. Children on the street, people in the houses, maybe her child.

She was too blinded by evil to consider them. She just wanted Americans dead, no matter what. My shots saved several Americans, whose lives were clearly worth more than that woman's twisted soul. I can stand before God with a clear conscience about doing my job. But I truly, deeply hated the evil that woman possessed. I hate it to this day. Savage, despicable evil. That's what we were fighting in Iraq. That's why a lot of people, myself included, called the enemy "savages." There really was no other way to describe what we encountered there.

People ask me all the time, "How many people have you killed?" My standard response is, "Does the answer make me less, or more, of a man?". The number is not important to me. I only wish I had killed more. Not for bragging rights, but because I believe the world is a better place without savages out there taking American lives. Everyone I shot in Iraq was trying to harm Americans or Iraqis loyal to the new government. I had a job to do as a SEAL. I killed the enemy - an enemy I saw day in and day out plotting to kill my fellow Americans. I'm haunted by the enemy's successes. They were few, but even a single American life is one too many lost. I don't worry about what other people think of me. It's one of the things I most admired about my dad growing up. He didn't give a hoot what others thought. He was who he was. It's one of the qualities that has kept me most sane.

I'm still a bit uncomfortable with the idea of publishing my life story. First of all, I've always thought that if you want to know what life as a SEAL is like, you should go get your own Trident: earn our medal, the symbol of who we are. Go through our training, make the sacrifices, physical and mental. That's the only way you'll know.

Second of all, and more importantly, who cares about my life? I'm no different than anyone else. I happen to have been in some pretty grave situations. People have told me it's interesting. I don't see it. Other people are talking about writing books about my life, or about some of the things I've done. I find it strange, but I also feel it's my life and my story, and I guess I better be the one to get it on paper the way it actually happened.

Also, there are a lot of people who deserve credit, and if I don't write the story, they may be overlooked. I don't like the idea of that at all. My boys deserve to be praised more than I do. The Navy credits me with more kills as a sniper than any other American service member, past or present. I guess that's true. They go back and forth on what the number is. One week, it's 160 (the "official" number as of this writing, for what that's worth), then it's way higher, then it's somewhere in between. If you want a number, ask the Navy - you may even get the truth if you catch them on the right day.

People always want a number. Even if the Navy would let me, I'm not going to give one. I'm not a numbers guy. SEALs are silent warriors, and I'm a SEAL down to my soul. If you want the whole story, get a Trident. If you want to check me out, ask a SEAL. If you want what I am comfortable with sharing, and even some stuff I am reluctant to reveal, read on.

I've always said that I wasn't the best shot or even the best sniper ever. I'm not denigrating my skills. I certainly worked hard to hone them. I was blessed with some excellent instructors, who deserve a lot of credit. And my boys - the fellow SEALs and the Marines and the Army soldiers who fought with me and helped me do my job - were all a critical part of my success. But my high total and my so-called "legend" have much to do with the fact that I was in the action a lot.

In other words, I had more opportunities than most. I served back-to-back deployments from right before the Iraq War kicked off until the time I got out in 2009. I was lucky enough to be positioned directly in the action. There's another question people ask a lot: Did it bother you killing so many people in Iraq? I tell them, "No."

And I mean it. The first time you shoot someone, you get a little nervous. You think, can I really shoot this guy? Is it really okay? But after you kill your enemy, you see it's okay. You say, Great. You do it again. And again. You do it so the enemy won't kill you or your countrymen. You do it until there's no one left for you to kill. That's what war is. I loved what I did. I still do. If circumstances were different - if my family didn't need me - I'd be back in a heartbeat. I'm not lying or exaggerating to say it was fun. I had the time of my life being a SEAL.

People try to put me in a category as a dangerous, a good ol' boy, jerk, sniper, SEAL, and probably other categories not appropriate for print. All might be true on any given day. In the end, my story, in Iraq and afterward, is about more than just killing people or even fighting for my country. It's about being a man. And it's about love as well as hate.

Q. What is the number of kills that the author has achieved?

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 22
It is not mentioned anywhere how many people he killed. There is some speculation in the 6th paragraph that official number is 160 but then it is not clearly mentioned.

Hence, the correct option is (d).

IIFT Mock Test - 4 (New Pattern) - Question 23

Directions: Read the following passage carefully and answer the questions given.

It was my duty to shoot, and I don't regret it. The woman was already dead. I was just making sure she didn't take any Marines with her. It was clear that not only did she want to kill them, but she didn't care about anybody else nearby who would have been blown up by the grenade or killed in the firefight. Children on the street, people in the houses, maybe her child.

She was too blinded by evil to consider them. She just wanted Americans dead, no matter what. My shots saved several Americans, whose lives were clearly worth more than that woman's twisted soul. I can stand before God with a clear conscience about doing my job. But I truly, deeply hated the evil that woman possessed. I hate it to this day. Savage, despicable evil. That's what we were fighting in Iraq. That's why a lot of people, myself included, called the enemy "savages." There really was no other way to describe what we encountered there.

People ask me all the time, "How many people have you killed?" My standard response is, "Does the answer make me less, or more, of a man?". The number is not important to me. I only wish I had killed more. Not for bragging rights, but because I believe the world is a better place without savages out there taking American lives. Everyone I shot in Iraq was trying to harm Americans or Iraqis loyal to the new government. I had a job to do as a SEAL. I killed the enemy - an enemy I saw day in and day out plotting to kill my fellow Americans. I'm haunted by the enemy's successes. They were few, but even a single American life is one too many lost. I don't worry about what other people think of me. It's one of the things I most admired about my dad growing up. He didn't give a hoot what others thought. He was who he was. It's one of the qualities that has kept me most sane.

I'm still a bit uncomfortable with the idea of publishing my life story. First of all, I've always thought that if you want to know what life as a SEAL is like, you should go get your own Trident: earn our medal, the symbol of who we are. Go through our training, make the sacrifices, physical and mental. That's the only way you'll know.

Second of all, and more importantly, who cares about my life? I'm no different than anyone else. I happen to have been in some pretty grave situations. People have told me it's interesting. I don't see it. Other people are talking about writing books about my life, or about some of the things I've done. I find it strange, but I also feel it's my life and my story, and I guess I better be the one to get it on paper the way it actually happened.

Also, there are a lot of people who deserve credit, and if I don't write the story, they may be overlooked. I don't like the idea of that at all. My boys deserve to be praised more than I do. The Navy credits me with more kills as a sniper than any other American service member, past or present. I guess that's true. They go back and forth on what the number is. One week, it's 160 (the "official" number as of this writing, for what that's worth), then it's way higher, then it's somewhere in between. If you want a number, ask the Navy - you may even get the truth if you catch them on the right day.

People always want a number. Even if the Navy would let me, I'm not going to give one. I'm not a numbers guy. SEALs are silent warriors, and I'm a SEAL down to my soul. If you want the whole story, get a Trident. If you want to check me out, ask a SEAL. If you want what I am comfortable with sharing, and even some stuff I am reluctant to reveal, read on.

I've always said that I wasn't the best shot or even the best sniper ever. I'm not denigrating my skills. I certainly worked hard to hone them. I was blessed with some excellent instructors, who deserve a lot of credit. And my boys - the fellow SEALs and the Marines and the Army soldiers who fought with me and helped me do my job - were all a critical part of my success. But my high total and my so-called "legend" have much to do with the fact that I was in the action a lot.

In other words, I had more opportunities than most. I served back-to-back deployments from right before the Iraq War kicked off until the time I got out in 2009. I was lucky enough to be positioned directly in the action. There's another question people ask a lot: Did it bother you killing so many people in Iraq? I tell them, "No."

And I mean it. The first time you shoot someone, you get a little nervous. You think, can I really shoot this guy? Is it really okay? But after you kill your enemy, you see it's okay. You say, Great. You do it again. And again. You do it so the enemy won't kill you or your countrymen. You do it until there's no one left for you to kill. That's what war is. I loved what I did. I still do. If circumstances were different - if my family didn't need me - I'd be back in a heartbeat. I'm not lying or exaggerating to say it was fun. I had the time of my life being a SEAL.

People try to put me in a category as a dangerous, a good ol' boy, jerk, sniper, SEAL, and probably other categories not appropriate for print. All might be true on any given day. In the end, my story, in Iraq and afterward, is about more than just killing people or even fighting for my country. It's about being a man. And it's about love as well as hate.

What does the author mean by 'the woman was already dead'?

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 23
It is clear from the first two paragraphs that author considered woman an evil and thus all emotions had died inside her. He mentions that she was blinded by evil and wanted Americans dead.

Hence, the correct option is (c).

IIFT Mock Test - 4 (New Pattern) - Question 24

Directions: Read the following passage carefully and answer the questions given at the end.

Let's be honest: The change has been coming for a while. Reality television has inserted itself into the field of psychology as countless shows over the years have begun to use psychotherapists as a part of their cast. Therapy has long been a subject of at least mild intrigue because what is said to the therapist behind closed doors - well, one never really knows unless you're either the client or the therapist. For the most part, the psychotherapy room has historically acted as a sacred chamber, the rare place where the client feels safe and listened to, and the therapist acts as the supportive mirror, guide, and confidant.

The first reality show I ever saw which a therapist, Breaking Bonaduce (2005), had focused on the life of former TV star Danny Bonaduce. I remember thinking at the time how unusual it was that a therapist was actually having a session with clients - drumroll...and cameras! - in the same room. Back then, I didn't think too much of it, probably dismissing psychotherapy on TV as a passing fad. (It is worth mentioning, however, that the therapy I saw conducted on the show was actually pretty good.) Over the years, we have seen more therapists in reality television and audiences have sat through excerpts of more therapy sessions than I can - or want to - count. As the medium of TV therapy has become more common - heck, even expected on your average reality show - it's caused me to reflect on 1) what possesses the clients to be interested in venting their problems in such a public way, and 2) what possesses the therapists to want to show the therapy with their clients on TV. When it comes to the clients' motivations, I have heard many people say, "Oh, they just want attention." First, I'm not sure it's that simple.

I give psychotherapy clients an awful lot of credit for having the strength and courage to work on their issues, and I see it as my job as a therapist to protect them and their (often potentially) vulnerable feelings. Even if a client of mine said he wanted to appear on television in a therapy session, I'd have to really think about whether it would be good for him or her. Perhaps for some it would be okay, while it would be problematic for others? My sense, although no one can say for sure, is that it is probably ideal for a client to discuss their issues with the world later, once they're out of the woods and can look back on a hard time with the solace of knowing they're stronger now. Nevertheless, I've worked with clients on talk shows (e.g., The Doctors) where cameras documented their issues (e.g., problems with road rage) as well as my interventions to help them. In some ways, that's not so different from reality TV therapy, right?

Which brings us to L.A. Shrinks, the new show on BRAVO. The show, instead of focusing exclusively on the lives of the clients, also focuses on three therapists and - wait for it - their private lives! The show gives the audience a backstage pass into the personal lives of the therapists, and includes footage of emotional and dramatic moments for each of the therapists. Quite honestly, this show takes psychotherapists on television to another level. Incidentally, casting people for the show contacted me a while ago and asked me if I would be interested in trying out for the show. I said "no" because the idea of the show confused me: Would it bring the usual magic of reality TV, replete with crafted editing that makes the therapists look nuts? Would my clients end up feeling exploited? I felt instantly protective of the profession of psychology and psychotherapy, as well as the clients who seek it out.

The truth is that good therapy is one of the most wonderful and life-changing experiences a person can have, and I hate to think that therapy will ultimately seem like a dog-and-pony show that's full of emotional fireworks or, God forbid, turning over tables, which occurred on a Real Housewives of New Jersey episode on the same network. Simply put, the show worries me for fear of the reputation of psychotherapy. I can see both positives and negatives to showing excerpts of therapy sessions, provided that the client and therapist and doing it for the right reasons: plain and simple, to help themselves and show the viewing audience that they can get good help, too. So, what about showing the private lives of therapists? With that, too, I can see the positives and negatives.

Because there is a power differential between a therapist and a client, the client can sometimes idealize the therapist, despite the fact that the client consciously understands the therapist is a real person, with faults and all like everybody else. Unconsciously, however, the power differential can cause the client to see the therapist as perfectly well balanced, and that's never true. In this way, showing the real-life side of the therapist can be a positive. But we're talking about reality TV here, so we must discuss the possibility that the therapists might end up looking a little unprofessional or, worse, insane in the membrane. (Remember that song from the 90s?)

The greatest possible danger in showcasing the lives of therapists is that the focus on the therapist takes the focus away from the client. It's hard to say where the future reputation of psychotherapy is headed given its new incarnations (reality TV, telemedicine, and even online therapy), but talking about it as a professional community is important. After all, we need to practice what we preach to our clients: It's all about insight and understanding the motivations.

Q. In what context does the author use the phrase "a dog-and-pony show"?

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 24
"Dog and pony show" is a colloquial term which is used in a pejorative sense to connote disdain, jocular lack of appreciation, or distrust of the message being presented or the efforts undertaken to present it.

In the given context, option (a) is not mentioned in the passage; option (b) does not carry the negative sentiment with which the author used the phrase and option (c) misses the main point the author is trying to make. This makes option (d) the best answer in the given case.

Hence, the correct option is (d).

IIFT Mock Test - 4 (New Pattern) - Question 25

Directions: Read the following passage carefully and answer the questions given at the end.

Let's be honest: The change has been coming for a while. Reality television has inserted itself into the field of psychology as countless shows over the years have begun to use psychotherapists as a part of their cast. Therapy has long been a subject of at least mild intrigue because what is said to the therapist behind closed doors - well, one never really knows unless you're either the client or the therapist. For the most part, the psychotherapy room has historically acted as a sacred chamber, the rare place where the client feels safe and listened to, and the therapist acts as the supportive mirror, guide, and confidant.

The first reality show I ever saw which a therapist, Breaking Bonaduce (2005), had focused on the life of former TV star Danny Bonaduce. I remember thinking at the time how unusual it was that a therapist was actually having a session with clients - drumroll...and cameras! - in the same room. Back then, I didn't think too much of it, probably dismissing psychotherapy on TV as a passing fad. (It is worth mentioning, however, that the therapy I saw conducted on the show was actually pretty good.) Over the years, we have seen more therapists in reality television and audiences have sat through excerpts of more therapy sessions than I can - or want to - count. As the medium of TV therapy has become more common - heck, even expected on your average reality show - it's caused me to reflect on 1) what possesses the clients to be interested in venting their problems in such a public way, and 2) what possesses the therapists to want to show the therapy with their clients on TV. When it comes to the clients' motivations, I have heard many people say, "Oh, they just want attention." First, I'm not sure it's that simple.

I give psychotherapy clients an awful lot of credit for having the strength and courage to work on their issues, and I see it as my job as a therapist to protect them and their (often potentially) vulnerable feelings. Even if a client of mine said he wanted to appear on television in a therapy session, I'd have to really think about whether it would be good for him or her. Perhaps for some it would be okay, while it would be problematic for others? My sense, although no one can say for sure, is that it is probably ideal for a client to discuss their issues with the world later, once they're out of the woods and can look back on a hard time with the solace of knowing they're stronger now. Nevertheless, I've worked with clients on talk shows (e.g., The Doctors) where cameras documented their issues (e.g., problems with road rage) as well as my interventions to help them. In some ways, that's not so different from reality TV therapy, right?

Which brings us to L.A. Shrinks, the new show on BRAVO. The show, instead of focusing exclusively on the lives of the clients, also focuses on three therapists and - wait for it - their private lives! The show gives the audience a backstage pass into the personal lives of the therapists, and includes footage of emotional and dramatic moments for each of the therapists. Quite honestly, this show takes psychotherapists on television to another level. Incidentally, casting people for the show contacted me a while ago and asked me if I would be interested in trying out for the show. I said "no" because the idea of the show confused me: Would it bring the usual magic of reality TV, replete with crafted editing that makes the therapists look nuts? Would my clients end up feeling exploited? I felt instantly protective of the profession of psychology and psychotherapy, as well as the clients who seek it out.

The truth is that good therapy is one of the most wonderful and life-changing experiences a person can have, and I hate to think that therapy will ultimately seem like a dog-and-pony show that's full of emotional fireworks or, God forbid, turning over tables, which occurred on a Real Housewives of New Jersey episode on the same network. Simply put, the show worries me for fear of the reputation of psychotherapy. I can see both positives and negatives to showing excerpts of therapy sessions, provided that the client and therapist and doing it for the right reasons: plain and simple, to help themselves and show the viewing audience that they can get good help, too. So, what about showing the private lives of therapists? With that, too, I can see the positives and negatives.

Because there is a power differential between a therapist and a client, the client can sometimes idealize the therapist, despite the fact that the client consciously understands the therapist is a real person, with faults and all like everybody else. Unconsciously, however, the power differential can cause the client to see the therapist as perfectly well balanced, and that's never true. In this way, showing the real-life side of the therapist can be a positive. But we're talking about reality TV here, so we must discuss the possibility that the therapists might end up looking a little unprofessional or, worse, insane in the membrane. (Remember that song from the 90s?)

The greatest possible danger in showcasing the lives of therapists is that the focus on the therapist takes the focus away from the client. It's hard to say where the future reputation of psychotherapy is headed given its new incarnations (reality TV, telemedicine, and even online therapy), but talking about it as a professional community is important. After all, we need to practice what we preach to our clients: It's all about insight and understanding the motivations.

Q. It can be gauged from the passage that the author of the passage has the following feelings towards L.A. Shrinks, the new show on BRAVO:

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 25
What are the author's view on the show L.A.Shrinks? Does he give his whole-hearted support to the show? No. Does he think the show lacks imagination? No, to the contrary, he thinks it has overdone its brief. Does the show reject him? No, it is the other way round. This analysis helps us reject options (a), (b) and (c). Option (d) is the correct answer in this case as the author is convinced about the show and does express his doubts about it.

Hence, the correct option is (d).

IIFT Mock Test - 4 (New Pattern) - Question 26

Directions: Read the following passage carefully and answer the questions given at the end.

Let's be honest: The change has been coming for a while. Reality television has inserted itself into the field of psychology as countless shows over the years have begun to use psychotherapists as a part of their cast. Therapy has long been a subject of at least mild intrigue because what is said to the therapist behind closed doors - well, one never really knows unless you're either the client or the therapist. For the most part, the psychotherapy room has historically acted as a sacred chamber, the rare place where the client feels safe and listened to, and the therapist acts as the supportive mirror, guide, and confidant.

The first reality show I ever saw which a therapist, Breaking Bonaduce (2005), had focused on the life of former TV star Danny Bonaduce. I remember thinking at the time how unusual it was that a therapist was actually having a session with clients - drumroll...and cameras! - in the same room. Back then, I didn't think too much of it, probably dismissing psychotherapy on TV as a passing fad. (It is worth mentioning, however, that the therapy I saw conducted on the show was actually pretty good.) Over the years, we have seen more therapists in reality television and audiences have sat through excerpts of more therapy sessions than I can - or want to - count. As the medium of TV therapy has become more common - heck, even expected on your average reality show - it's caused me to reflect on 1) what possesses the clients to be interested in venting their problems in such a public way, and 2) what possesses the therapists to want to show the therapy with their clients on TV. When it comes to the clients' motivations, I have heard many people say, "Oh, they just want attention." First, I'm not sure it's that simple.

I give psychotherapy clients an awful lot of credit for having the strength and courage to work on their issues, and I see it as my job as a therapist to protect them and their (often potentially) vulnerable feelings. Even if a client of mine said he wanted to appear on television in a therapy session, I'd have to really think about whether it would be good for him or her. Perhaps for some it would be okay, while it would be problematic for others? My sense, although no one can say for sure, is that it is probably ideal for a client to discuss their issues with the world later, once they're out of the woods and can look back on a hard time with the solace of knowing they're stronger now. Nevertheless, I've worked with clients on talk shows (e.g., The Doctors) where cameras documented their issues (e.g., problems with road rage) as well as my interventions to help them. In some ways, that's not so different from reality TV therapy, right?

Which brings us to L.A. Shrinks, the new show on BRAVO. The show, instead of focusing exclusively on the lives of the clients, also focuses on three therapists and - wait for it - their private lives! The show gives the audience a backstage pass into the personal lives of the therapists, and includes footage of emotional and dramatic moments for each of the therapists. Quite honestly, this show takes psychotherapists on television to another level. Incidentally, casting people for the show contacted me a while ago and asked me if I would be interested in trying out for the show. I said "no" because the idea of the show confused me: Would it bring the usual magic of reality TV, replete with crafted editing that makes the therapists look nuts? Would my clients end up feeling exploited? I felt instantly protective of the profession of psychology and psychotherapy, as well as the clients who seek it out.

The truth is that good therapy is one of the most wonderful and life-changing experiences a person can have, and I hate to think that therapy will ultimately seem like a dog-and-pony show that's full of emotional fireworks or, God forbid, turning over tables, which occurred on a Real Housewives of New Jersey episode on the same network. Simply put, the show worries me for fear of the reputation of psychotherapy. I can see both positives and negatives to showing excerpts of therapy sessions, provided that the client and therapist and doing it for the right reasons: plain and simple, to help themselves and show the viewing audience that they can get good help, too. So, what about showing the private lives of therapists? With that, too, I can see the positives and negatives.

Because there is a power differential between a therapist and a client, the client can sometimes idealize the therapist, despite the fact that the client consciously understands the therapist is a real person, with faults and all like everybody else. Unconsciously, however, the power differential can cause the client to see the therapist as perfectly well balanced, and that's never true. In this way, showing the real-life side of the therapist can be a positive. But we're talking about reality TV here, so we must discuss the possibility that the therapists might end up looking a little unprofessional or, worse, insane in the membrane. (Remember that song from the 90s?)

The greatest possible danger in showcasing the lives of therapists is that the focus on the therapist takes the focus away from the client. It's hard to say where the future reputation of psychotherapy is headed given its new incarnations (reality TV, telemedicine, and even online therapy), but talking about it as a professional community is important. After all, we need to practice what we preach to our clients: It's all about insight and understanding the motivations.

Q. According to the author, a positive of showing therapy on television is:

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 26
Refer to the following extract from the passage: I can see both positives and negatives to showing excerpts of therapy sessions, provided that the client and therapist and doing it for the right reasons: plain and simple, to help themselves and show the viewing audience that they can get good help, too. So, what about showing the private lives of therapists? With that, too, I can see the positives and negatives.

fAccording to the author of the passage, which of the following are true about therapy? The above explains the positive of showing therapy on television that it allows people a chance to realize that they can get help too.

Hence, the correct option is (b).

ositive_Mark: 3

IIFT Mock Test - 4 (New Pattern) - Question 27

Directions: Read the following passage carefully and answer the questions given at the end.

Let's be honest: The change has been coming for a while. Reality television has inserted itself into the field of psychology as countless shows over the years have begun to use psychotherapists as a part of their cast. Therapy has long been a subject of at least mild intrigue because what is said to the therapist behind closed doors - well, one never really knows unless you're either the client or the therapist. For the most part, the psychotherapy room has historically acted as a sacred chamber, the rare place where the client feels safe and listened to, and the therapist acts as the supportive mirror, guide, and confidant.

The first reality show I ever saw which a therapist, Breaking Bonaduce (2005), had focused on the life of former TV star Danny Bonaduce. I remember thinking at the time how unusual it was that a therapist was actually having a session with clients - drumroll...and cameras! - in the same room. Back then, I didn't think too much of it, probably dismissing psychotherapy on TV as a passing fad. (It is worth mentioning, however, that the therapy I saw conducted on the show was actually pretty good.) Over the years, we have seen more therapists in reality television and audiences have sat through excerpts of more therapy sessions than I can - or want to - count. As the medium of TV therapy has become more common - heck, even expected on your average reality show - it's caused me to reflect on 1) what possesses the clients to be interested in venting their problems in such a public way, and 2) what possesses the therapists to want to show the therapy with their clients on TV. When it comes to the clients' motivations, I have heard many people say, "Oh, they just want attention." First, I'm not sure it's that simple.

I give psychotherapy clients an awful lot of credit for having the strength and courage to work on their issues, and I see it as my job as a therapist to protect them and their (often potentially) vulnerable feelings. Even if a client of mine said he wanted to appear on television in a therapy session, I'd have to really think about whether it would be good for him or her. Perhaps for some it would be okay, while it would be problematic for others? My sense, although no one can say for sure, is that it is probably ideal for a client to discuss their issues with the world later, once they're out of the woods and can look back on a hard time with the solace of knowing they're stronger now. Nevertheless, I've worked with clients on talk shows (e.g., The Doctors) where cameras documented their issues (e.g., problems with road rage) as well as my interventions to help them. In some ways, that's not so different from reality TV therapy, right?

Which brings us to L.A. Shrinks, the new show on BRAVO. The show, instead of focusing exclusively on the lives of the clients, also focuses on three therapists and - wait for it - their private lives! The show gives the audience a backstage pass into the personal lives of the therapists, and includes footage of emotional and dramatic moments for each of the therapists. Quite honestly, this show takes psychotherapists on television to another level. Incidentally, casting people for the show contacted me a while ago and asked me if I would be interested in trying out for the show. I said "no" because the idea of the show confused me: Would it bring the usual magic of reality TV, replete with crafted editing that makes the therapists look nuts? Would my clients end up feeling exploited? I felt instantly protective of the profession of psychology and psychotherapy, as well as the clients who seek it out.

The truth is that good therapy is one of the most wonderful and life-changing experiences a person can have, and I hate to think that therapy will ultimately seem like a dog-and-pony show that's full of emotional fireworks or, God forbid, turning over tables, which occurred on a Real Housewives of New Jersey episode on the same network. Simply put, the show worries me for fear of the reputation of psychotherapy. I can see both positives and negatives to showing excerpts of therapy sessions, provided that the client and therapist and doing it for the right reasons: plain and simple, to help themselves and show the viewing audience that they can get good help, too. So, what about showing the private lives of therapists? With that, too, I can see the positives and negatives.

Because there is a power differential between a therapist and a client, the client can sometimes idealize the therapist, despite the fact that the client consciously understands the therapist is a real person, with faults and all like everybody else. Unconsciously, however, the power differential can cause the client to see the therapist as perfectly well balanced, and that's never true. In this way, showing the real-life side of the therapist can be a positive. But we're talking about reality TV here, so we must discuss the possibility that the therapists might end up looking a little unprofessional or, worse, insane in the membrane. (Remember that song from the 90s?)

The greatest possible danger in showcasing the lives of therapists is that the focus on the therapist takes the focus away from the client. It's hard to say where the future reputation of psychotherapy is headed given its new incarnations (reality TV, telemedicine, and even online therapy), but talking about it as a professional community is important. After all, we need to practice what we preach to our clients: It's all about insight and understanding the motivations.

According to the author of the passage, which of the following are true about therapy?

I. Therapy has the power to alter the life of an individual.

II. Clients, without being aware of it, can begin to view the therapist as someone without any issues of his own.

III. Therapy, over the years, has gained more prominence on TV.

IV. To begin with, the author did not think therapy would last on TV.

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 27
Each of the statements can be derived from the passage. The exact sentence from which the statement is derived is given below

Statement I: The truth is that good therapy is one of the most wonderful and life-changing experiences a person can have...

Statement II: Because there is a power differential between therapist and client, the client can sometimes idealize the therapist, despite the fact that the client consciously understands the therapist is a real person, with faults and all like everybody else.

Statement III: Over the years, we have seen more therapists in reality television and audiences have sat through excerpts of more therapy sessions than I can - or want to - count.

Statement IV: Back then, I didn't think too much of it, probably dismissing psychotherapy on TV as a passing fad.

Hence, the correct option is (d).

IIFT Mock Test - 4 (New Pattern) - Question 28

Directions: Read the following passage carefully and answer the questions given at the end.

Last Thursday Starbucks raised their beverage prices by an average of 1% across the U.S, a move that represented the company's first significant price increase in 18 months. I failed to notice because the price change didn't affect grande or venti (medium and large) brewed coffees and I don't mess with smaller sizes, but anyone who purchases tall size (small) brews saw as much as a 10 cent increase. The company's third-quarter net income rose 25% to $417.8 million from $333.1 million a year earlier, and green coffee prices have plummeted, so what gives?

Starbucks claims the price increase is due to rising labor and non-coffee commodity costs, but with the significantly lower coffee costs already improving their profit margins, it seems unlikely this justification is the true reason for the hike in prices. In addition, the price hike was applied to less than a third of their beverages and only targets certain regions. Implementing such a specific and minor price increase when the bottom line is already in great shape might seem like a greedy tactic, but the Starbucks approach to pricing is one we can all use to improve our margins. As we've said before, it only takes a 1% increase in prices to raise profits by an average of 11%.

For the most part, Starbucks is a master of employing value-based pricing to maximize profits, and they use research and customer analysis to formulate targeted price increases that capture the greatest amount consumers are willing to pay without driving them off. Profit maximization is the process by which a company determines the price and product output level that generates the most profit. While that may seem obvious to anyone involved in running a business, it's rare to see companies using a value-based pricing approach to effectively uncover the maximum amount a customer base is willing to spend on their products. As such, let's take a look at how Starbucks introduces price hikes and see how you can use their approach to generate higher profits. While cutting prices is widely accepted as the best way to keep customers during tough times, the practice is rarely based on a deeper analysis or testing of an actual customer base. In Starbucks' case, price increases throughout the company's history have already deterred the most price-sensitive customers, leaving a loyal, higher-income consumer base that perceives these coffee beverages as an affordable luxury. In order to compensate for the customers lost to cheaper alternatives like Dunkin Donuts, Starbucks raises prices to maximize profits from these price-insensitive customers who now depend on their strong gourmet coffee.

Rather than trying to compete with cheaper chains like Dunkin, Starbucks uses price hikes to separate itself from the pack and reinforce the premium image of their brand and products. Since their loyal following isn't especially price-sensitive, Starbucks coffee maintains a fairly inelastic demand curve, and a small price increase can have a huge positive impact on their margins without decreasing demand for beverages. In addition, only certain regions are targeted for each price increase, and prices vary across the U.S. depending on the current markets in those areas (the most recent hike affects the Northeast and Sunbelt regions, but Florida and California prices remain the same).

They also apply price increases to specific drinks and sizes rather than the whole lot. By raising the price of the tall size brewed coffee exclusively, Starbucks is able to capture consumer surplus from the customers who find more value in upgrading to grande after witnessing the price of a small drip with tax climb over the $2 mark. By versioning the product in this way, the company can enjoy a slightly higher margin from these customers who were persuaded by the price hike to purchase larger sizes.

Starbucks also expertly communicates its price increases to manipulate consumer perception. The price hike might be based on an analysis of the customer's willingness to pay, but they associate the increase with what appears to be a fair reason. Using increased commodity costs to justify the price as well as statements that aim to make the hike look insignificant (less than a third of beverages will be affected, for example) help foster an attitude of acceptance.

The author of the passage is of the opinion that:

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 28
The answer to this question can be found in the lines: For the most part, Starbucks is a master of employing value based pricing to maximize profits, and they use research and customer analysis to formulate targeted price increases that capture the greatest amount consumers are willing to pay without driving them off. Profit maximization is the process by which a company determines the price and product output level that generates the most profit. While that may seem obvious to anyone involved in running a business, it's rare to see companies using a value based pricing approach to effectively uncover the maximum amount a customer base is willing to spend on their products.

The answer clearly outlines option (c), where in the positive impact possible of value based pricing is illustrated. Options (a) and (d) take up the negative viewpoint and hence are ruled out in the given scenario. Option (b) is not mentioned in the passage.

Hence, the correct option is (c).

IIFT Mock Test - 4 (New Pattern) - Question 29

Directions: Read the following passage carefully and answer the questions given at the end.

Last Thursday Starbucks raised their beverage prices by an average of 1% across the U.S, a move that represented the company's first significant price increase in 18 months. I failed to notice because the price change didn't affect grande or venti (medium and large) brewed coffees and I don't mess with smaller sizes, but anyone who purchases tall size (small) brews saw as much as a 10 cent increase. The company's third-quarter net income rose 25% to $417.8 million from $333.1 million a year earlier, and green coffee prices have plummeted, so what gives?

Starbucks claims the price increase is due to rising labor and non-coffee commodity costs, but with the significantly lower coffee costs already improving their profit margins, it seems unlikely this justification is the true reason for the hike in prices. In addition, the price hike was applied to less than a third of their beverages and only targets certain regions. Implementing such a specific and minor price increase when the bottom line is already in great shape might seem like a greedy tactic, but the Starbucks approach to pricing is one we can all use to improve our margins. As we've said before, it only takes a 1% increase in prices to raise profits by an average of 11%.

For the most part, Starbucks is a master of employing value-based pricing to maximize profits, and they use research and customer analysis to formulate targeted price increases that capture the greatest amount consumers are willing to pay without driving them off. Profit maximization is the process by which a company determines the price and product output level that generates the most profit. While that may seem obvious to anyone involved in running a business, it's rare to see companies using a value-based pricing approach to effectively uncover the maximum amount a customer base is willing to spend on their products. As such, let's take a look at how Starbucks introduces price hikes and see how you can use their approach to generate higher profits. While cutting prices is widely accepted as the best way to keep customers during tough times, the practice is rarely based on a deeper analysis or testing of an actual customer base. In Starbucks' case, price increases throughout the company's history have already deterred the most price-sensitive customers, leaving a loyal, higher-income consumer base that perceives these coffee beverages as an affordable luxury. In order to compensate for the customers lost to cheaper alternatives like Dunkin Donuts, Starbucks raises prices to maximize profits from these price-insensitive customers who now depend on their strong gourmet coffee.

Rather than trying to compete with cheaper chains like Dunkin, Starbucks uses price hikes to separate itself from the pack and reinforce the premium image of their brand and products. Since their loyal following isn't especially price-sensitive, Starbucks coffee maintains a fairly inelastic demand curve, and a small price increase can have a huge positive impact on their margins without decreasing demand for beverages. In addition, only certain regions are targeted for each price increase, and prices vary across the U.S. depending on the current markets in those areas (the most recent hike affects the Northeast and Sunbelt regions, but Florida and California prices remain the same).

They also apply price increases to specific drinks and sizes rather than the whole lot. By raising the price of the tall size brewed coffee exclusively, Starbucks is able to capture consumer surplus from the customers who find more value in upgrading to grande after witnessing the price of a small drip with tax climb over the $2 mark. By versioning the product in this way, the company can enjoy a slightly higher margin from these customers who were persuaded by the price hike to purchase larger sizes.

Starbucks also expertly communicates its price increases to manipulate consumer perception. The price hike might be based on an analysis of the customer's willingness to pay, but they associate the increase with what appears to be a fair reason. Using increased commodity costs to justify the price as well as statements that aim to make the hike look insignificant (less than a third of beverages will be affected, for example) help foster an attitude of acceptance.

As stated in the passage, an effective way to increase prices would include:

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 29
Starbucks also expertly communicates their price increases to manipulate consumer perception. The price hike might be based on an analysis of the customer's willingness to pay, but they associate the increase with what appears to be a fair reason. Using increased commodity costs to justify the price as well as statements that aim to make the hike look insignificant (less than a third of beverages will be affected, for example) help foster an attitude of acceptance.

Option (a) is incorrect as the passage does not talk of manipulating news, it talks about manipulating consumer perception. Option (c) goes against the information given in the passage.

Option (d) does not find any mention in the passage.

Hence, the correct option is (b).

IIFT Mock Test - 4 (New Pattern) - Question 30

Directions: Read the following passage carefully and answer the questions given at the end.

Last Thursday Starbucks raised their beverage prices by an average of 1% across the U.S, a move that represented the company's first significant price increase in 18 months. I failed to notice because the price change didn't affect grande or venti (medium and large) brewed coffees and I don't mess with smaller sizes, but anyone who purchases tall size (small) brews saw as much as a 10 cent increase. The company's third-quarter net income rose 25% to $417.8 million from $333.1 million a year earlier, and green coffee prices have plummeted, so what gives?

Starbucks claims the price increase is due to rising labor and non-coffee commodity costs, but with the significantly lower coffee costs already improving their profit margins, it seems unlikely this justification is the true reason for the hike in prices. In addition, the price hike was applied to less than a third of their beverages and only targets certain regions. Implementing such a specific and minor price increase when the bottom line is already in great shape might seem like a greedy tactic, but the Starbucks approach to pricing is one we can all use to improve our margins. As we've said before, it only takes a 1% increase in prices to raise profits by an average of 11%.

For the most part, Starbucks is a master of employing value-based pricing to maximize profits, and they use research and customer analysis to formulate targeted price increases that capture the greatest amount consumers are willing to pay without driving them off. Profit maximization is the process by which a company determines the price and product output level that generates the most profit. While that may seem obvious to anyone involved in running a business, it's rare to see companies using a value-based pricing approach to effectively uncover the maximum amount a customer base is willing to spend on their products. As such, let's take a look at how Starbucks introduces price hikes and see how you can use their approach to generate higher profits. While cutting prices is widely accepted as the best way to keep customers during tough times, the practice is rarely based on a deeper analysis or testing of an actual customer base. In Starbucks' case, price increases throughout the company's history have already deterred the most price-sensitive customers, leaving a loyal, higher-income consumer base that perceives these coffee beverages as an affordable luxury. In order to compensate for the customers lost to cheaper alternatives like Dunkin Donuts, Starbucks raises prices to maximize profits from these price-insensitive customers who now depend on their strong gourmet coffee.

Rather than trying to compete with cheaper chains like Dunkin, Starbucks uses price hikes to separate itself from the pack and reinforce the premium image of their brand and products. Since their loyal following isn't especially price-sensitive, Starbucks coffee maintains a fairly inelastic demand curve, and a small price increase can have a huge positive impact on their margins without decreasing demand for beverages. In addition, only certain regions are targeted for each price increase, and prices vary across the U.S. depending on the current markets in those areas (the most recent hike affects the Northeast and Sunbelt regions, but Florida and California prices remain the same).

They also apply price increases to specific drinks and sizes rather than the whole lot. By raising the price of the tall size brewed coffee exclusively, Starbucks is able to capture consumer surplus from the customers who find more value in upgrading to grande after witnessing the price of a small drip with tax climb over the $2 mark. By versioning the product in this way, the company can enjoy a slightly higher margin from these customers who were persuaded by the price hike to purchase larger sizes.

Starbucks also expertly communicates its price increases to manipulate consumer perception. The price hike might be based on an analysis of the customer's willingness to pay, but they associate the increase with what appears to be a fair reason. Using increased commodity costs to justify the price as well as statements that aim to make the hike look insignificant (less than a third of beverages will be affected, for example) help foster an attitude of acceptance.

As stated in the passage, the primary backbone of Starbucks' business strategy for profit maximization is:

Detailed Solution for IIFT Mock Test - 4 (New Pattern) - Question 30
The author clearly outlines the important aspects of Starbuck's business strategy, and options (b), (c) and (d) make appearances in the passage for sure. But these are not the primary backbone of Starbucks' business strategy. Its strategy simply revolves around one simple aspect: profit maximization. The increase in prices and their control enables Starbucks to generate maximum possible profits. This makes option (a) the most suitable answer in this case.

Hence, the correct option is (a).

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