Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term andlsquo;Production Cycleandrsquo;. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidateandrsquo;s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer?

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

Commerce Exam > Commerce Questions > Amul Milk Pvt. Ltd. is conducting campus plac...

Join the Discussion on the App

Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He responded confidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.
Considering the candidate’s response, state whether his statement is true or false.

a)
True
b)
False

Correct answer is option 'A'. Can you explain this answer?

FREE This question is part of

Test: Business Arithmetic- 2

Attempt Test

Attempt this Test

Verified Answer

Amul Milk Pvt. Ltd. is conducting campus placement to hire new workfor...

Production Cycle: The production cycle is comprised of all activities related to the conversion of raw materials into finished goods. The cycle has several distinct components, involving the design of products, their incorporation into a production schedule, manufacturing activities, and a cost accounting feedback loop.
For example, the production cycle for the windows manufacturing enterprise would be much shorter, than for the automobile manufacturers.

View all questions of this test

Most Upvoted Answer

Amul Milk Pvt. Ltd. is conducting campus placement to hire new workfor...

"supply chain management."

Answered by Pj Commerce Academy · View profile

Attention Commerce Students!

To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.

Chapter Notes for Commerce

Economics Class 12

Economics Class 11

NCERT Books & Solutions for Commerce

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for Commerce exam

Similar Commerce Doubts

Inshorts Pvt. Ltd. is hiring candidates for its new growth project. The HR team is conducting a campus placement drives in colleges. Since the position is required for growth project, HR asked one of the candidates whether the value of a merged firm will be greater or equal to the two independent firms. The candidate responded confidently that the value of a merged firm will be greater than the sum of two independent merging firms. Keeping in mind the above scenario, state whether the candidate has given a true statement or not.

View answer

Direction: Read the following text and answer the questions given below :Mrs. Ambika Lamba founded ‘Professional University’ for undergraduate and postgraduate courses in diverse disciplines. The University is among the top universities of India and has a tie-up with many other organizations which visit the campus annually in order to hire its future employees during its placement season and offer handsome salary packages. On the basis of the reputation and performance of its students performance in the practical world, the Information Technology department of the Lalit Power Ltd., had few vacancies related to Cyber Security. The Human Resource Department of the company decided to recruit fresh engineering graduates from ‘Professional University’ for the same after they received certain recommendations from other industry players about the institution.For this purpose, they conducted ‘employment interviews’ of many engineering graduates who applied and were keen to join their company. There were five vacant positions which were duly filled after the company undertook approximately 60 employment interviews. Thus, they gave a ‘job offer’ to the final five students who cleared all the steps they undertook in order to fill the vacancies. They also decided to hire a Chartered Accountant for their Finance and Accounts department. For this the company plans to undertake a series of steps in order to ensure that a person with sound knowledge and experience is selected.They finally hired Satnam who worked only for four months and left the company citing his inability to continue further on account of not having adequate experience to handle huge projects. This proved costly for the Finance and Accounts department of Lalit Power Ltd. and they realized that they went wrong in the initial step to select the candidate. Thus, they had to conduct the whole process again in order to select a new Chartered Accountant.Q. What was the company’s first or initial step towards hiring a Chartered Accountant where they went wrong ?

View answer

Direction: Read the following text and answer the questions given below :Mrs. Ambika Lamba founded ‘Professional University’ for undergraduate and postgraduate courses in diverse disciplines. The University is among the top universities of India and has a tie-up with many other organizations which visit the campus annually in order to hire its future employees during its placement season and offer handsome salary packages. On the basis of the reputation and performance of its students performance in the practical world, the Information Technology department of the Lalit Power Ltd., had few vacancies related to Cyber Security. The Human Resource Department of the company decided to recruit fresh engineering graduates from ‘Professional University’ for the same after they received certain recommendations from other industry players about the institution.For this purpose, they conducted ‘employment interviews’ of many engineering graduates who applied and were keen to join their company. There were five vacant positions which were duly filled after the company undertook approximately 60 employment interviews. Thus, they gave a ‘job offer’ to the final five students who cleared all the steps they undertook in order to fill the vacancies. They also decided to hire a Chartered Accountant for their Finance and Accounts department. For this the company plans to undertake a series of steps in order to ensure that a person with sound knowledge and experience is selected.They finally hired Satnam who worked only for four months and left the company citing his inability to continue further on account of not having adequate experience to handle huge projects. This proved costly for the Finance and Accounts department of Lalit Power Ltd. and they realized that they went wrong in the initial step to select the candidate. Thus, they had to conduct the whole process again in order to select a new Chartered Accountant.Q. Why did Lalit Power Ltd. conduct ‘employment interviews’ in the process of selection of the cyber security professionals?

View answer

During an interview, the HR of MultiCorp. Ltd. asked one of the candidates if the set-up finance is the capital required by an entrepreneur to conduct research at pre-commercialization stage. He responded by agreeing to the statement. Mention whether the candidate’s response was true or false.

View answer

Imagine that you have to interview a doctor. Frame a set of 8-10 questions to interview him/her with the help of the points given below : * reasons for his/her choice * difficulties encountered * education and activities * message to youth?

View answer

Top Courses for CommerceView all

Chapter Notes for Commerce

Economics Class 12

Economics Class 11

NCERT Books & Solutions for Commerce

Economics for CBSE Class 12 Board Examinations

Top Courses for Commerce

View all

Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer?

Share with a Friend

Answer this doubt

Question Description
Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer?.

Solutions for Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Amul Milk Pvt. Ltd. is conducting campus placement to hire new workforce for their new branch in Patiala, Punjab. The HR team went to a college campus nearby to select around 20 candidates. While conducting the personal interviews of selected 25 candidates, the HR asked one of them to explain what does he understand by the term ‘Production Cycle’. He respondedconfidently by saying that it is the time period between receiving the raw material and converting them into final finished goods.Considering the candidate’s response, state whether his statement is true or false.a)Trueb)FalseCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Commerce tests.

Explore Courses for Commerce exam