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Direction: Read the following passage and answer the question.
Trade fairs are among the most memorable events that take place periodically with the purpose of promoting sales, launching new products, bringing together manufacturers of a particular line of products and educating the public. They are held at all levels-international, national, state and district. The most prominent among them are the India International Trade Fair, World Book Fair, Information Technology fair, Electronic Trade and Technology Fair, Textile Fair, Auto Expo, state-level book fairs, district level exhibitions etc. India Trade Promotion Organisation (ITPO), which was incorporated in 1992 by the merger of Trade Development Authority (TDA) with the Trade Fair Authority of India (TFAI), has been playing a commendable role in this respect.
It can be said without a doubt that sales promotion is the most important purpose of these fairs. Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way. All these people come together on a single platform for a fixed period of time. This offers a unique opportunity to manufacturers and suppliers to display their best products and services and the buyers get a chance to see a wide range of products and services.
Conferences, seminars, live product demonstrations and presentations are regular features of these fairs and exhibitions. Besides these, colourful cultural programmes are also important features of such fairs. These fairs give a good opportunity to the artists to showcase their skills and talent at such specially organized programmes.
How is the trade fair an effective way of promoting products?
  • a)
    It brings together the maximum number of manufacturers, suppliers, and buyers in a single place.
  • b)
    It brings together the maximum number of buyers to a single place.
  • c)
    It is conducted by The Trade Fair Authority of India.
  • d)
    It has seminars, conferences and film show on the various products.
Correct answer is option 'A'. Can you explain this answer?
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Direction: Read the following passage and answer the question.Trade f...
Effectiveness of Trade Fairs in Promoting Products
Trade fairs are an effective way of promoting products due to the following reasons:

Bringing Together Manufacturers, Suppliers, and Buyers
Trade fairs bring together the maximum number of manufacturers, suppliers, existing and potential buyers under the same roof. This creates a unique opportunity for all stakeholders to interact and promote products effectively.

Platform for Displaying Products
Manufacturers and suppliers get a chance to display their best products and services at trade fairs. This allows them to showcase their offerings to a wide audience and attract potential buyers.

Opportunity for Buyers
Buyers attending trade fairs get to see a wide range of products and services from different manufacturers and suppliers. This helps them make informed decisions and explore various options before making a purchase.

Conferences, Seminars, and Demonstrations
Trade fairs often include conferences, seminars, live product demonstrations, and presentations. These events provide valuable information to both manufacturers and buyers, creating a platform for knowledge sharing and networking.

Cultural Programmes
In addition to business-related activities, trade fairs also include colourful cultural programmes. These events provide artists with an opportunity to showcase their skills and talent, adding a unique and engaging element to the overall experience.
In conclusion, trade fairs are an effective way of promoting products as they bring together key stakeholders, provide a platform for product display, offer opportunities for knowledge sharing, and include engaging cultural elements.
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Community Answer
Direction: Read the following passage and answer the question.Trade f...
The second sentence of the second paragraph of the passage clearly states, "Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way".
Hence, the correct option is (A).
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DIRECTION for the question: Read the passage and answer the question based on it.Demography of organizations, also called population ecology is an interesting field. It proposes that organisational mortality processes depend upon the age and size of the organizations, as well as on characteristics of populations and environments. Moreover, there is evidence of an imprinting process – meaning that environmental conditions at certain early phases in an organisation’s development have long-term consequence. In particular, organizations subject to intense competition have elevated mortality hazards at all ages. A central theme is structural inertia, the tendency for organizations to respond slowly relative to the speed of environmental change. A central argument holds that the inertia derives from the very characteristics that make organizations favoured actors in modern society in terms of reliability and (formal) accountability. It follows that changes in an organisation’s core features are disruptive and increase mortality hazards, at least in the short-run. Research on this subject tends to support this view. The concept of niche provides a framework for relating environmental variations and competition to population dynamics and segmentation. Much empirical work examines the niches of organisational populations in terms of dimensions of social, political, and economic environments. Most research in this field builds on theories of resource partition and of density dependence. Resource-partitioning theory concerns the relationship between increasing market concentration and increasing proliferation of specialists in mature industries. The key implication of this theory concerns the effects of concentration on the viability of specialist organizations (those that seek to exploit a narrow range of resources). The theory of density-dependent organisational evolution synthesizes ecological and institutional processes. It holds that growth in the number of organizations in a population (density) drives processes of social legitimatization and competition that, in turn, shape the vital rates.Q.Recently it was reported that Indian textile sector was not doing well. If the ideas contained in the passage are agreed to, then which of the following could be the possible reason(s)?A. All Indian firms are as old as international firms.B. Indian textile firms are dispersed all over the country, with most of them also having international presence.C. Textile firms in India were subjected to trade union activity in the period from 1960s to 1980s.

DIRECTION for the question:Read the passage and answer the question based on it.Demography of organizations, also called population ecology is an interesting field. It proposes that organisational mortality processes depend upon the age and size of the organizations, as well as on characteristics of populations and environments. Moreover, there is evidence of an imprinting process – meaning that environmental conditions at certain early phases in an organisation’s development have long-term consequence. In particular, organizations subject to intense competition have elevated mortality hazards at all ages. A central theme is structural inertia, the tendency for organizations to respond slowly relative to the speed of environmental change. A central argument holds that the inertia derives from the very characteristics that make organizations favoured actors in modern society in terms of reliability and (formal) accountability. It follows that changes in an organisation’s core features are disruptive and increase mortality hazards, at least in the short-run. Research on this subject tends to support this view. The concept of niche provides a framework for relating environmental variations and competition to population dynamics and segmentation. Much empirical work examines the niches of organisational populations in terms of dimensions of social, political, and economic environments. Most research in this field builds on theories of resource partition and of density dependence. Resource-partitioning theory concerns the relationship between increasing market concentration and increasing proliferation of specialists in mature industries. The key implication of this theory concerns the effects of concentration on the viability of specialist organizations (those that seek to exploit a narrow range of resources). The theory of density-dependent organisational evolution synthesizes ecological and institutional processes. It holds that growth in the number of organizations in a population (density) drives processes of social legitimatization and competition that, in turn, shape the vital rates.Q.Most top-notch business consultants recommend changing the entire configuration of an organisation’s strategy, structure and systems. If the ideas contained in the passage are agreed to, then such a recommendation

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Direction: Read the following passage and answer the question.Trade fairs are among the most memorable events that take place periodically with the purpose of promoting sales, launching new products, bringing together manufacturers of a particular line of products and educating the public. They are held at all levels-international, national, state and district. The most prominent among them are the India International Trade Fair, World Book Fair, Information Technology fair, Electronic Trade and Technology Fair, Textile Fair, Auto Expo, state-level book fairs, district level exhibitions etc. India Trade Promotion Organisation (ITPO), which was incorporated in 1992 by the merger of Trade Development Authority (TDA) with the Trade Fair Authority of India (TFAI), has been playing a commendable role in this respect.It can be said without a doubt that sales promotion is the most important purpose of these fairs. Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way. All these people come together on a single platform for a fixed period of time. This offers a unique opportunity to manufacturers and suppliers to display their best products and services and the buyers get a chance to see a wide range of products and services.Conferences, seminars, live product demonstrations and presentations are regular features of these fairs and exhibitions. Besides these, colourful cultural programmes are also important features of such fairs. These fairs give a good opportunity to the artists to showcase their skills and talent at such specially organized programmes.How is the trade fair an effective way of promoting products?a)It brings together the maximum number of manufacturers, suppliers, and buyers in a single place.b)It brings together the maximum number of buyers to a single place.c)It is conducted by The Trade Fair Authority of India.d)It has seminars, conferences and film show on the various products.Correct answer is option 'A'. Can you explain this answer?
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Direction: Read the following passage and answer the question.Trade fairs are among the most memorable events that take place periodically with the purpose of promoting sales, launching new products, bringing together manufacturers of a particular line of products and educating the public. They are held at all levels-international, national, state and district. The most prominent among them are the India International Trade Fair, World Book Fair, Information Technology fair, Electronic Trade and Technology Fair, Textile Fair, Auto Expo, state-level book fairs, district level exhibitions etc. India Trade Promotion Organisation (ITPO), which was incorporated in 1992 by the merger of Trade Development Authority (TDA) with the Trade Fair Authority of India (TFAI), has been playing a commendable role in this respect.It can be said without a doubt that sales promotion is the most important purpose of these fairs. Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way. All these people come together on a single platform for a fixed period of time. This offers a unique opportunity to manufacturers and suppliers to display their best products and services and the buyers get a chance to see a wide range of products and services.Conferences, seminars, live product demonstrations and presentations are regular features of these fairs and exhibitions. Besides these, colourful cultural programmes are also important features of such fairs. These fairs give a good opportunity to the artists to showcase their skills and talent at such specially organized programmes.How is the trade fair an effective way of promoting products?a)It brings together the maximum number of manufacturers, suppliers, and buyers in a single place.b)It brings together the maximum number of buyers to a single place.c)It is conducted by The Trade Fair Authority of India.d)It has seminars, conferences and film show on the various products.Correct answer is option 'A'. 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 Direction: Read the following passage and answer the question.Trade fairs are among the most memorable events that take place periodically with the purpose of promoting sales, launching new products, bringing together manufacturers of a particular line of products and educating the public. They are held at all levels-international, national, state and district. The most prominent among them are the India International Trade Fair, World Book Fair, Information Technology fair, Electronic Trade and Technology Fair, Textile Fair, Auto Expo, state-level book fairs, district level exhibitions etc. India Trade Promotion Organisation (ITPO), which was incorporated in 1992 by the merger of Trade Development Authority (TDA) with the Trade Fair Authority of India (TFAI), has been playing a commendable role in this respect.It can be said without a doubt that sales promotion is the most important purpose of these fairs. Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way. All these people come together on a single platform for a fixed period of time. This offers a unique opportunity to manufacturers and suppliers to display their best products and services and the buyers get a chance to see a wide range of products and services.Conferences, seminars, live product demonstrations and presentations are regular features of these fairs and exhibitions. Besides these, colourful cultural programmes are also important features of such fairs. These fairs give a good opportunity to the artists to showcase their skills and talent at such specially organized programmes.How is the trade fair an effective way of promoting products?a)It brings together the maximum number of manufacturers, suppliers, and buyers in a single place.b)It brings together the maximum number of buyers to a single place.c)It is conducted by The Trade Fair Authority of India.d)It has seminars, conferences and film show on the various products.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the following passage and answer the question.Trade fairs are among the most memorable events that take place periodically with the purpose of promoting sales, launching new products, bringing together manufacturers of a particular line of products and educating the public. They are held at all levels-international, national, state and district. The most prominent among them are the India International Trade Fair, World Book Fair, Information Technology fair, Electronic Trade and Technology Fair, Textile Fair, Auto Expo, state-level book fairs, district level exhibitions etc. India Trade Promotion Organisation (ITPO), which was incorporated in 1992 by the merger of Trade Development Authority (TDA) with the Trade Fair Authority of India (TFAI), has been playing a commendable role in this respect.It can be said without a doubt that sales promotion is the most important purpose of these fairs. Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way. All these people come together on a single platform for a fixed period of time. This offers a unique opportunity to manufacturers and suppliers to display their best products and services and the buyers get a chance to see a wide range of products and services.Conferences, seminars, live product demonstrations and presentations are regular features of these fairs and exhibitions. Besides these, colourful cultural programmes are also important features of such fairs. These fairs give a good opportunity to the artists to showcase their skills and talent at such specially organized programmes.How is the trade fair an effective way of promoting products?a)It brings together the maximum number of manufacturers, suppliers, and buyers in a single place.b)It brings together the maximum number of buyers to a single place.c)It is conducted by The Trade Fair Authority of India.d)It has seminars, conferences and film show on the various products.Correct answer is option 'A'. Can you explain this answer?.
Solutions for Direction: Read the following passage and answer the question.Trade fairs are among the most memorable events that take place periodically with the purpose of promoting sales, launching new products, bringing together manufacturers of a particular line of products and educating the public. They are held at all levels-international, national, state and district. The most prominent among them are the India International Trade Fair, World Book Fair, Information Technology fair, Electronic Trade and Technology Fair, Textile Fair, Auto Expo, state-level book fairs, district level exhibitions etc. India Trade Promotion Organisation (ITPO), which was incorporated in 1992 by the merger of Trade Development Authority (TDA) with the Trade Fair Authority of India (TFAI), has been playing a commendable role in this respect.It can be said without a doubt that sales promotion is the most important purpose of these fairs. Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way. All these people come together on a single platform for a fixed period of time. This offers a unique opportunity to manufacturers and suppliers to display their best products and services and the buyers get a chance to see a wide range of products and services.Conferences, seminars, live product demonstrations and presentations are regular features of these fairs and exhibitions. Besides these, colourful cultural programmes are also important features of such fairs. These fairs give a good opportunity to the artists to showcase their skills and talent at such specially organized programmes.How is the trade fair an effective way of promoting products?a)It brings together the maximum number of manufacturers, suppliers, and buyers in a single place.b)It brings together the maximum number of buyers to a single place.c)It is conducted by The Trade Fair Authority of India.d)It has seminars, conferences and film show on the various products.Correct answer is option 'A'. 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.
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Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way. All these people come together on a single platform for a fixed period of time. This offers a unique opportunity to manufacturers and suppliers to display their best products and services and the buyers get a chance to see a wide range of products and services.Conferences, seminars, live product demonstrations and presentations are regular features of these fairs and exhibitions. Besides these, colourful cultural programmes are also important features of such fairs. These fairs give a good opportunity to the artists to showcase their skills and talent at such specially organized programmes.How is the trade fair an effective way of promoting products?a)It brings together the maximum number of manufacturers, suppliers, and buyers in a single place.b)It brings together the maximum number of buyers to a single place.c)It is conducted by The Trade Fair Authority of India.d)It has seminars, conferences and film show on the various products.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Read the following passage and answer the question.Trade fairs are among the most memorable events that take place periodically with the purpose of promoting sales, launching new products, bringing together manufacturers of a particular line of products and educating the public. They are held at all levels-international, national, state and district. The most prominent among them are the India International Trade Fair, World Book Fair, Information Technology fair, Electronic Trade and Technology Fair, Textile Fair, Auto Expo, state-level book fairs, district level exhibitions etc. India Trade Promotion Organisation (ITPO), which was incorporated in 1992 by the merger of Trade Development Authority (TDA) with the Trade Fair Authority of India (TFAI), has been playing a commendable role in this respect.It can be said without a doubt that sales promotion is the most important purpose of these fairs. Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way. All these people come together on a single platform for a fixed period of time. This offers a unique opportunity to manufacturers and suppliers to display their best products and services and the buyers get a chance to see a wide range of products and services.Conferences, seminars, live product demonstrations and presentations are regular features of these fairs and exhibitions. Besides these, colourful cultural programmes are also important features of such fairs. These fairs give a good opportunity to the artists to showcase their skills and talent at such specially organized programmes.How is the trade fair an effective way of promoting products?a)It brings together the maximum number of manufacturers, suppliers, and buyers in a single place.b)It brings together the maximum number of buyers to a single place.c)It is conducted by The Trade Fair Authority of India.d)It has seminars, conferences and film show on the various products.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Direction: Read the following passage and answer the question.Trade fairs are among the most memorable events that take place periodically with the purpose of promoting sales, launching new products, bringing together manufacturers of a particular line of products and educating the public. They are held at all levels-international, national, state and district. The most prominent among them are the India International Trade Fair, World Book Fair, Information Technology fair, Electronic Trade and Technology Fair, Textile Fair, Auto Expo, state-level book fairs, district level exhibitions etc. India Trade Promotion Organisation (ITPO), which was incorporated in 1992 by the merger of Trade Development Authority (TDA) with the Trade Fair Authority of India (TFAI), has been playing a commendable role in this respect.It can be said without a doubt that sales promotion is the most important purpose of these fairs. Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way. All these people come together on a single platform for a fixed period of time. This offers a unique opportunity to manufacturers and suppliers to display their best products and services and the buyers get a chance to see a wide range of products and services.Conferences, seminars, live product demonstrations and presentations are regular features of these fairs and exhibitions. Besides these, colourful cultural programmes are also important features of such fairs. These fairs give a good opportunity to the artists to showcase their skills and talent at such specially organized programmes.How is the trade fair an effective way of promoting products?a)It brings together the maximum number of manufacturers, suppliers, and buyers in a single place.b)It brings together the maximum number of buyers to a single place.c)It is conducted by The Trade Fair Authority of India.d)It has seminars, conferences and film show on the various products.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Direction: Read the following passage and answer the question.Trade fairs are among the most memorable events that take place periodically with the purpose of promoting sales, launching new products, bringing together manufacturers of a particular line of products and educating the public. They are held at all levels-international, national, state and district. The most prominent among them are the India International Trade Fair, World Book Fair, Information Technology fair, Electronic Trade and Technology Fair, Textile Fair, Auto Expo, state-level book fairs, district level exhibitions etc. India Trade Promotion Organisation (ITPO), which was incorporated in 1992 by the merger of Trade Development Authority (TDA) with the Trade Fair Authority of India (TFAI), has been playing a commendable role in this respect.It can be said without a doubt that sales promotion is the most important purpose of these fairs. Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way. All these people come together on a single platform for a fixed period of time. This offers a unique opportunity to manufacturers and suppliers to display their best products and services and the buyers get a chance to see a wide range of products and services.Conferences, seminars, live product demonstrations and presentations are regular features of these fairs and exhibitions. Besides these, colourful cultural programmes are also important features of such fairs. These fairs give a good opportunity to the artists to showcase their skills and talent at such specially organized programmes.How is the trade fair an effective way of promoting products?a)It brings together the maximum number of manufacturers, suppliers, and buyers in a single place.b)It brings together the maximum number of buyers to a single place.c)It is conducted by The Trade Fair Authority of India.d)It has seminars, conferences and film show on the various products.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Read the following passage and answer the question.Trade fairs are among the most memorable events that take place periodically with the purpose of promoting sales, launching new products, bringing together manufacturers of a particular line of products and educating the public. They are held at all levels-international, national, state and district. The most prominent among them are the India International Trade Fair, World Book Fair, Information Technology fair, Electronic Trade and Technology Fair, Textile Fair, Auto Expo, state-level book fairs, district level exhibitions etc. India Trade Promotion Organisation (ITPO), which was incorporated in 1992 by the merger of Trade Development Authority (TDA) with the Trade Fair Authority of India (TFAI), has been playing a commendable role in this respect.It can be said without a doubt that sales promotion is the most important purpose of these fairs. Bringing together the largest possible number of manufacturers, suppliers, existing and potential buyers under the same roof helps to promote the products in an effective way. All these people come together on a single platform for a fixed period of time. This offers a unique opportunity to manufacturers and suppliers to display their best products and services and the buyers get a chance to see a wide range of products and services.Conferences, seminars, live product demonstrations and presentations are regular features of these fairs and exhibitions. Besides these, colourful cultural programmes are also important features of such fairs. These fairs give a good opportunity to the artists to showcase their skills and talent at such specially organized programmes.How is the trade fair an effective way of promoting products?a)It brings together the maximum number of manufacturers, suppliers, and buyers in a single place.b)It brings together the maximum number of buyers to a single place.c)It is conducted by The Trade Fair Authority of India.d)It has seminars, conferences and film show on the various products.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CAT tests.
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