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Analyse the following caselet and answer the questions that follow:Purushottam Bhatnagar owns and operates a sweetshop Puru and Sons. He is about 60 years old and is eager to hand over the business to his sons Ratan and Pramod. He however, fears that his sons, fresh from college may not understand the tricks of the trade.Purushottams younger son Pramod discovered that 10% of their customers whom Purushottam called privileged customers purchased sweets at prices fixed 10 years ago (which is significantly lower than the current prices). Purushottam told him, "This 10% are my core and loyal customers with whom I have personal connect and therefore they deserve this privilege". Pramod refuted his fathers argument citing the following information.1. These customers form the top 20% of the income bracket of the city.2. These customers frequently purchase from other sweetshops at market prices.3. None of them recognises and greets Purushottam at the shop or at anywhere else.4. None of them was present at Pramods marriage.5. These customers actually buy sweets at Puru and Sons for others not part of the core and loyal customer group.Q. Which of the following combination of the above will MOST LIKELY convince Purushottam to charge market price to all?a)1 and 2b)2 and 4c)2 and 5d)3 and 4e)4 and 5Correct answer is option 'C'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Analyse the following caselet and answer the questions that follow:Purushottam Bhatnagar owns and operates a sweetshop Puru and Sons. He is about 60 years old and is eager to hand over the business to his sons Ratan and Pramod. He however, fears that his sons, fresh from college may not understand the tricks of the trade.Purushottams younger son Pramod discovered that 10% of their customers whom Purushottam called privileged customers purchased sweets at prices fixed 10 years ago (which is significantly lower than the current prices). Purushottam told him, "This 10% are my core and loyal customers with whom I have personal connect and therefore they deserve this privilege". Pramod refuted his fathers argument citing the following information.1. These customers form the top 20% of the income bracket of the city.2. These customers frequently purchase from other sweetshops at market prices.3. None of them recognises and greets Purushottam at the shop or at anywhere else.4. None of them was present at Pramods marriage.5. These customers actually buy sweets at Puru and Sons for others not part of the core and loyal customer group.Q. Which of the following combination of the above will MOST LIKELY convince Purushottam to charge market price to all?a)1 and 2b)2 and 4c)2 and 5d)3 and 4e)4 and 5Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Analyse the following caselet and answer the questions that follow:Purushottam Bhatnagar owns and operates a sweetshop Puru and Sons. He is about 60 years old and is eager to hand over the business to his sons Ratan and Pramod. He however, fears that his sons, fresh from college may not understand the tricks of the trade.Purushottams younger son Pramod discovered that 10% of their customers whom Purushottam called privileged customers purchased sweets at prices fixed 10 years ago (which is significantly lower than the current prices). Purushottam told him, "This 10% are my core and loyal customers with whom I have personal connect and therefore they deserve this privilege". Pramod refuted his fathers argument citing the following information.1. These customers form the top 20% of the income bracket of the city.2. These customers frequently purchase from other sweetshops at market prices.3. None of them recognises and greets Purushottam at the shop or at anywhere else.4. None of them was present at Pramods marriage.5. These customers actually buy sweets at Puru and Sons for others not part of the core and loyal customer group.Q. Which of the following combination of the above will MOST LIKELY convince Purushottam to charge market price to all?a)1 and 2b)2 and 4c)2 and 5d)3 and 4e)4 and 5Correct answer is option 'C'. Can you explain this answer?.

Solutions for Analyse the following caselet and answer the questions that follow:Purushottam Bhatnagar owns and operates a sweetshop Puru and Sons. He is about 60 years old and is eager to hand over the business to his sons Ratan and Pramod. He however, fears that his sons, fresh from college may not understand the tricks of the trade.Purushottams younger son Pramod discovered that 10% of their customers whom Purushottam called privileged customers purchased sweets at prices fixed 10 years ago (which is significantly lower than the current prices). Purushottam told him, "This 10% are my core and loyal customers with whom I have personal connect and therefore they deserve this privilege". Pramod refuted his fathers argument citing the following information.1. These customers form the top 20% of the income bracket of the city.2. These customers frequently purchase from other sweetshops at market prices.3. None of them recognises and greets Purushottam at the shop or at anywhere else.4. None of them was present at Pramods marriage.5. These customers actually buy sweets at Puru and Sons for others not part of the core and loyal customer group.Q. Which of the following combination of the above will MOST LIKELY convince Purushottam to charge market price to all?a)1 and 2b)2 and 4c)2 and 5d)3 and 4e)4 and 5Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.

Here you can find the meaning of Analyse the following caselet and answer the questions that follow:Purushottam Bhatnagar owns and operates a sweetshop Puru and Sons. He is about 60 years old and is eager to hand over the business to his sons Ratan and Pramod. He however, fears that his sons, fresh from college may not understand the tricks of the trade.Purushottams younger son Pramod discovered that 10% of their customers whom Purushottam called privileged customers purchased sweets at prices fixed 10 years ago (which is significantly lower than the current prices). Purushottam told him, "This 10% are my core and loyal customers with whom I have personal connect and therefore they deserve this privilege". Pramod refuted his fathers argument citing the following information.1. These customers form the top 20% of the income bracket of the city.2. These customers frequently purchase from other sweetshops at market prices.3. None of them recognises and greets Purushottam at the shop or at anywhere else.4. None of them was present at Pramods marriage.5. These customers actually buy sweets at Puru and Sons for others not part of the core and loyal customer group.Q. Which of the following combination of the above will MOST LIKELY convince Purushottam to charge market price to all?a)1 and 2b)2 and 4c)2 and 5d)3 and 4e)4 and 5Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Analyse the following caselet and answer the questions that follow:Purushottam Bhatnagar owns and operates a sweetshop Puru and Sons. He is about 60 years old and is eager to hand over the business to his sons Ratan and Pramod. He however, fears that his sons, fresh from college may not understand the tricks of the trade.Purushottams younger son Pramod discovered that 10% of their customers whom Purushottam called privileged customers purchased sweets at prices fixed 10 years ago (which is significantly lower than the current prices). Purushottam told him, "This 10% are my core and loyal customers with whom I have personal connect and therefore they deserve this privilege". Pramod refuted his fathers argument citing the following information.1. These customers form the top 20% of the income bracket of the city.2. These customers frequently purchase from other sweetshops at market prices.3. None of them recognises and greets Purushottam at the shop or at anywhere else.4. None of them was present at Pramods marriage.5. These customers actually buy sweets at Puru and Sons for others not part of the core and loyal customer group.Q. Which of the following combination of the above will MOST LIKELY convince Purushottam to charge market price to all?a)1 and 2b)2 and 4c)2 and 5d)3 and 4e)4 and 5Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Analyse the following caselet and answer the questions that follow:Purushottam Bhatnagar owns and operates a sweetshop Puru and Sons. He is about 60 years old and is eager to hand over the business to his sons Ratan and Pramod. He however, fears that his sons, fresh from college may not understand the tricks of the trade.Purushottams younger son Pramod discovered that 10% of their customers whom Purushottam called privileged customers purchased sweets at prices fixed 10 years ago (which is significantly lower than the current prices). Purushottam told him, "This 10% are my core and loyal customers with whom I have personal connect and therefore they deserve this privilege". Pramod refuted his fathers argument citing the following information.1. These customers form the top 20% of the income bracket of the city.2. These customers frequently purchase from other sweetshops at market prices.3. None of them recognises and greets Purushottam at the shop or at anywhere else.4. None of them was present at Pramods marriage.5. These customers actually buy sweets at Puru and Sons for others not part of the core and loyal customer group.Q. Which of the following combination of the above will MOST LIKELY convince Purushottam to charge market price to all?a)1 and 2b)2 and 4c)2 and 5d)3 and 4e)4 and 5Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Analyse the following caselet and answer the questions that follow:Purushottam Bhatnagar owns and operates a sweetshop Puru and Sons. He is about 60 years old and is eager to hand over the business to his sons Ratan and Pramod. He however, fears that his sons, fresh from college may not understand the tricks of the trade.Purushottams younger son Pramod discovered that 10% of their customers whom Purushottam called privileged customers purchased sweets at prices fixed 10 years ago (which is significantly lower than the current prices). Purushottam told him, "This 10% are my core and loyal customers with whom I have personal connect and therefore they deserve this privilege". Pramod refuted his fathers argument citing the following information.1. These customers form the top 20% of the income bracket of the city.2. These customers frequently purchase from other sweetshops at market prices.3. None of them recognises and greets Purushottam at the shop or at anywhere else.4. None of them was present at Pramods marriage.5. These customers actually buy sweets at Puru and Sons for others not part of the core and loyal customer group.Q. Which of the following combination of the above will MOST LIKELY convince Purushottam to charge market price to all?a)1 and 2b)2 and 4c)2 and 5d)3 and 4e)4 and 5Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Analyse the following caselet and answer the questions that follow:Purushottam Bhatnagar owns and operates a sweetshop Puru and Sons. He is about 60 years old and is eager to hand over the business to his sons Ratan and Pramod. He however, fears that his sons, fresh from college may not understand the tricks of the trade.Purushottams younger son Pramod discovered that 10% of their customers whom Purushottam called privileged customers purchased sweets at prices fixed 10 years ago (which is significantly lower than the current prices). Purushottam told him, "This 10% are my core and loyal customers with whom I have personal connect and therefore they deserve this privilege". Pramod refuted his fathers argument citing the following information.1. These customers form the top 20% of the income bracket of the city.2. These customers frequently purchase from other sweetshops at market prices.3. None of them recognises and greets Purushottam at the shop or at anywhere else.4. None of them was present at Pramods marriage.5. These customers actually buy sweets at Puru and Sons for others not part of the core and loyal customer group.Q. Which of the following combination of the above will MOST LIKELY convince Purushottam to charge market price to all?a)1 and 2b)2 and 4c)2 and 5d)3 and 4e)4 and 5Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CAT tests.