Read the situation below and answer the questions:
A Transnational Company gets his  spring water from Nagdah, a village in Madhubani district.. The unprocessed natural spring water is directly bottled by the TNC. The company brands it as 'Tisleri ' and sells at 50% premium vis-a-vis other brands that sell processed water.
The local panchayat,  controls the spring water usage. Hence, the company signed a 100-year lease with the panchayat for exclusive access to the spring water for business purposes. This contract contributes 50% to the panchayat's revenues besides providing 500 jobs in the panchayat. The spring also meets domestic and agricultural needs of the people of Nagdah and the surrounding villages.
Ragini owns a small parcel of farming land in Nagdah. She grows cannabis in some part of her land and earns a significant amount of money from it. Soon after the bottling plant was commissioned, Ragini, instigated by a landlord with a vested interest, starts accusing the TNC of robbing her of water and impacting her livelihood. She threatens to take the TNC to court.
Q. Which of the following options will BEST solve the TNC's problem?
  • a)
    Promise to employ Ragini's 17-year-old son as he turns 18
  • b)
    Request the panchayat to excommunicate Ragini for cultivating cannabis
  • c)
    Buy Ragini's produce at a premium of 30% to the market price
  • d)
    Get the villagers employed by the TNC to persuade Ragini not to sue
  • e)
    Compensate the monetary loss as perceived by Ragini
Correct answer is option 'D'. Can you explain this answer?

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This discussion on Read the situation below and answer the questions:A Transnational Company gets his spring water from Nagdah, a village in Madhubani district.. The unprocessed natural spring water is directly bottled by the TNC. The company brands it as Tisleri and sells at 50% premium vis-a-vis other brands that sell processed water.The local panchayat, controls the spring water usage. Hence, the company signed a 100-year lease with the panchayat for exclusive access to the spring water for business purposes. This contract contributes 50% to the panchayats revenues besides providing 500 jobs in the panchayat. The spring also meets domestic and agricultural needs of the people of Nagdah and the surrounding villages.Ragini owns a small parcel of farming land in Nagdah. She grows cannabis in some part of her land and earns a significant amount of money from it. Soon after the bottling plant was commissioned, Ragini, instigated by a landlord with a vested interest, starts accusing the TNC of robbing her of water and impacting her livelihood. She threatens to take the TNC to court.Q. Which of the following options will BEST solve the TNCs problem?a)Promise to employ Raginis 17-year-old son as he turns 18b)Request the panchayat to excommunicate Ragini for cultivating cannabisc)Buy Raginis produce at a premium of 30% to the market priced)Get the villagers employed by the TNC to persuade Ragini not to suee)Compensate the monetary loss as perceived by RaginiCorrect answer is option 'D'. Can you explain this answer? is done on EduRev Study Group by CAT Students. The Questions and Answers of Read the situation below and answer the questions:A Transnational Company gets his spring water from Nagdah, a village in Madhubani district.. The unprocessed natural spring water is directly bottled by the TNC. The company brands it as Tisleri and sells at 50% premium vis-a-vis other brands that sell processed water.The local panchayat, controls the spring water usage. Hence, the company signed a 100-year lease with the panchayat for exclusive access to the spring water for business purposes. This contract contributes 50% to the panchayats revenues besides providing 500 jobs in the panchayat. The spring also meets domestic and agricultural needs of the people of Nagdah and the surrounding villages.Ragini owns a small parcel of farming land in Nagdah. She grows cannabis in some part of her land and earns a significant amount of money from it. Soon after the bottling plant was commissioned, Ragini, instigated by a landlord with a vested interest, starts accusing the TNC of robbing her of water and impacting her livelihood. She threatens to take the TNC to court.Q. Which of the following options will BEST solve the TNCs problem?a)Promise to employ Raginis 17-year-old son as he turns 18b)Request the panchayat to excommunicate Ragini for cultivating cannabisc)Buy Raginis produce at a premium of 30% to the market priced)Get the villagers employed by the TNC to persuade Ragini not to suee)Compensate the monetary loss as perceived by RaginiCorrect answer is option 'D'. Can you explain this answer? are solved by group of students and teacher of CAT, which is also the largest student community of CAT. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CAT on EduRev and even discuss your questions like Read the situation below and answer the questions:A Transnational Company gets his spring water from Nagdah, a village in Madhubani district.. The unprocessed natural spring water is directly bottled by the TNC. The company brands it as Tisleri and sells at 50% premium vis-a-vis other brands that sell processed water.The local panchayat, controls the spring water usage. Hence, the company signed a 100-year lease with the panchayat for exclusive access to the spring water for business purposes. This contract contributes 50% to the panchayats revenues besides providing 500 jobs in the panchayat. The spring also meets domestic and agricultural needs of the people of Nagdah and the surrounding villages.Ragini owns a small parcel of farming land in Nagdah. She grows cannabis in some part of her land and earns a significant amount of money from it. Soon after the bottling plant was commissioned, Ragini, instigated by a landlord with a vested interest, starts accusing the TNC of robbing her of water and impacting her livelihood. She threatens to take the TNC to court.Q. Which of the following options will BEST solve the TNCs problem?a)Promise to employ Raginis 17-year-old son as he turns 18b)Request the panchayat to excommunicate Ragini for cultivating cannabisc)Buy Raginis produce at a premium of 30% to the market priced)Get the villagers employed by the TNC to persuade Ragini not to suee)Compensate the monetary loss as perceived by RaginiCorrect answer is option 'D'. Can you explain this answer? over here on EduRev! Apart from being the largest CAT community, EduRev has the largest solved Question bank for CAT.
This discussion on Read the situation below and answer the questions:A Transnational Company gets his spring water from Nagdah, a village in Madhubani district.. The unprocessed natural spring water is directly bottled by the TNC. The company brands it as Tisleri and sells at 50% premium vis-a-vis other brands that sell processed water.The local panchayat, controls the spring water usage. Hence, the company signed a 100-year lease with the panchayat for exclusive access to the spring water for business purposes. This contract contributes 50% to the panchayats revenues besides providing 500 jobs in the panchayat. The spring also meets domestic and agricultural needs of the people of Nagdah and the surrounding villages.Ragini owns a small parcel of farming land in Nagdah. She grows cannabis in some part of her land and earns a significant amount of money from it. Soon after the bottling plant was commissioned, Ragini, instigated by a landlord with a vested interest, starts accusing the TNC of robbing her of water and impacting her livelihood. She threatens to take the TNC to court.Q. Which of the following options will BEST solve the TNCs problem?a)Promise to employ Raginis 17-year-old son as he turns 18b)Request the panchayat to excommunicate Ragini for cultivating cannabisc)Buy Raginis produce at a premium of 30% to the market priced)Get the villagers employed by the TNC to persuade Ragini not to suee)Compensate the monetary loss as perceived by RaginiCorrect answer is option 'D'. Can you explain this answer? is done on EduRev Study Group by CAT Students. The Questions and Answers of Read the situation below and answer the questions:A Transnational Company gets his spring water from Nagdah, a village in Madhubani district.. The unprocessed natural spring water is directly bottled by the TNC. The company brands it as Tisleri and sells at 50% premium vis-a-vis other brands that sell processed water.The local panchayat, controls the spring water usage. Hence, the company signed a 100-year lease with the panchayat for exclusive access to the spring water for business purposes. This contract contributes 50% to the panchayats revenues besides providing 500 jobs in the panchayat. The spring also meets domestic and agricultural needs of the people of Nagdah and the surrounding villages.Ragini owns a small parcel of farming land in Nagdah. She grows cannabis in some part of her land and earns a significant amount of money from it. Soon after the bottling plant was commissioned, Ragini, instigated by a landlord with a vested interest, starts accusing the TNC of robbing her of water and impacting her livelihood. She threatens to take the TNC to court.Q. Which of the following options will BEST solve the TNCs problem?a)Promise to employ Raginis 17-year-old son as he turns 18b)Request the panchayat to excommunicate Ragini for cultivating cannabisc)Buy Raginis produce at a premium of 30% to the market priced)Get the villagers employed by the TNC to persuade Ragini not to suee)Compensate the monetary loss as perceived by RaginiCorrect answer is option 'D'. Can you explain this answer? are solved by group of students and teacher of CAT, which is also the largest student community of CAT. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CAT on EduRev and even discuss your questions like Read the situation below and answer the questions:A Transnational Company gets his spring water from Nagdah, a village in Madhubani district.. The unprocessed natural spring water is directly bottled by the TNC. The company brands it as Tisleri and sells at 50% premium vis-a-vis other brands that sell processed water.The local panchayat, controls the spring water usage. Hence, the company signed a 100-year lease with the panchayat for exclusive access to the spring water for business purposes. This contract contributes 50% to the panchayats revenues besides providing 500 jobs in the panchayat. The spring also meets domestic and agricultural needs of the people of Nagdah and the surrounding villages.Ragini owns a small parcel of farming land in Nagdah. She grows cannabis in some part of her land and earns a significant amount of money from it. Soon after the bottling plant was commissioned, Ragini, instigated by a landlord with a vested interest, starts accusing the TNC of robbing her of water and impacting her livelihood. She threatens to take the TNC to court.Q. Which of the following options will BEST solve the TNCs problem?a)Promise to employ Raginis 17-year-old son as he turns 18b)Request the panchayat to excommunicate Ragini for cultivating cannabisc)Buy Raginis produce at a premium of 30% to the market priced)Get the villagers employed by the TNC to persuade Ragini not to suee)Compensate the monetary loss as perceived by RaginiCorrect answer is option 'D'. Can you explain this answer? over here on EduRev! Apart from being the largest CAT community, EduRev has the largest solved Question bank for CAT.