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A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.
The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.
Q. The company Funda Ltd. observes that candidates who undergo the GAP tend to leave the company after they reach the top management level. The company’s board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?
(Note: Use the data from previous question, if necessary. Enter only numerical value.)
Correct answer is '900000'. Can you explain this answer?
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A company Funda Ltd. lays very strong emphasis on trainee development ...
From the solution to the previous question, we know that the company spends the same amount (Rs. 5,000) on each candidate per day across all training programs.
To make the cost of the NNAP and the GAP equal, the bond amount received should be equal to the difference in cost of the GAP and the NNAP programs.
Cost of the NNAP program = (300 + 210 + 150) x 5000 + (200000 + 100000) = Rs. 36,00,000
Cost of the GAP program = (180 + 120) x 5000 + 3000000 = Rs. 45,00,000
Let the bond amount be Rs. y.
y = 4500000 - 3600000 = 900000 i.e. Rs. 9 lakh
To make the cost of the NNAP and the GAP equal, the bond amount received should be equal to the difference in cost of the GAP and the NNAP programs.
Cost of the NNAP program = (300 + 210 + 150) x 5000 + (200000 + 100000) = Rs. 36,00,000
Cost of the GAP program = (180 + 120) x 5000 + 3000000 = Rs. 45,00,000
Let the bond amount be Rs. y.
y = 4500000 - 3600000 = 900000 i.e. Rs. 9 lakh
Answer: 900000
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A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer?
Question Description
A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer?.
A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer?.
Solutions for A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT.
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Here you can find the meaning of A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer?, a detailed solution for A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer? has been provided alongside types of A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice A company Funda Ltd. lays very strong emphasis on trainee development programs because it believes that their top management will come from their trainees only. It has created 3 trainee development programs for this purpose. They are: General Accelerated Program (GAP) in which candidates are selected on the basis of their merit and the company pays for their training, the Normal Non Accelerated Program (NNAP) which is for not so meritorious trainees where, again the company pays for their training and the Candidate Cost Accelerated Program (CCAP) in which candidates who fail to make it to the GAP are given a chance to undergo another special training but the cost of the training is to be borne by the candidate. In addition to the module cost, the company also spends a fixed amount per day per candidate till they reach top management level. The candidates are inducted as trainees and on completion of their entire training become top management.The circles represent the training modules while the figures inside them represent the cost of the training program in Rs. lakhs. The figures on the lines represent the number of days taken to make the transition from one stage of the training program to the other.Q.The company Funda Ltd. observes that candidates who undergo the GAPtend to leave the company after they reach the top management level. Thecompanys board of directors is very worried about this practice and decides to do something about it. After much discussion they decide to make the candidates who undergo the GAP sign a bond, which binds them to the company for a period of 5 years. In order to leave the company before 5 years the candidate will have to pay a certain amount to the company. The bond amount is so decided that if a candidate leaves the company before completion of 5 years, the cost that company bears for a NNAP candidate and a GAP candidate remains the same. Assume that the company pays no additional money after the candidates reach the top management level. What is the bond amount decided by the company?(Note: Use the data from previous question, if necessary. Enter only numerical value.)Correct answer is '900000'. Can you explain this answer? tests, examples and also practice CAT tests.
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