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Directions: Read the passage and answer the questions independently of one another.Sham had moved to Chennai at the age of 22 in search of employment in the manufacturing sector. He had completed an industrial training course. Roto Manfacturing hired him after they noticed that he was sincere and that he worked hard. Within four years, he reached the position of a supervisor in the company and was leading a team of 25 workers. Sham’s uncle suggested to him that he start his own manufacturing firm as he had gained sufficient experience in the field. Sham was excited by the thought of running his own firm, and with some financial help from his uncle, he soon started his own manufacturing plant. He convinced a few trustworthy employees and colleagues from Roto Manufacturing to join him in this venture. The venture witnessed rapid growth and within two years, Sham began receiving orders from other countries as well. Sham began expanding the capacity of the unit and in three years’ time, the total number of employees working in his company had reached 600. Around the same time, Chennai was witnessing rapid development in the services industry. Because of this development, labourers were gradually shifting their jobs from the manufacturing sector to the more lucrative services sector as they received better salaries with relatively lower physical workloads. Gradually many of Sham’s employees began to leave the company resulting in a shortage of manpower at the plant. This in turn resulted in Sham not being able to meet the timelines on his projects causing increased customer dissatisfaction.Exisitng employees demanded higher wages to continue in the company. If Sham increases the wages, then his company would find it difficult to remain profitable. He is not able to recruit young people as they did not like the jobs in the manufacturing sector as the sector demanded more physical work.Sham receives a takeover offer from International Manufacturing(IM), a manufacturing conglomerate that wants to acquire his company and its assets. But the price they are offering is not competitive. What should be the immediate course of action for Sham?a)Reject the offer and continue operations despite labour shortagesb)Approach the person at IM who is responsible for the deal and offer him kickbacks for increasing the takeover pricec)Negotiate with the firm and try to increase the takeover priced)Analyse the unit’s current situation, its potential and the takeover offer and subsequently decide on the next steps.Correct answer is option 'D'. 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 Directions: Read the passage and answer the questions independently of one another.Sham had moved to Chennai at the age of 22 in search of employment in the manufacturing sector. He had completed an industrial training course. Roto Manfacturing hired him after they noticed that he was sincere and that he worked hard. Within four years, he reached the position of a supervisor in the company and was leading a team of 25 workers. Sham’s uncle suggested to him that he start his own manufacturing firm as he had gained sufficient experience in the field. Sham was excited by the thought of running his own firm, and with some financial help from his uncle, he soon started his own manufacturing plant. He convinced a few trustworthy employees and colleagues from Roto Manufacturing to join him in this venture. The venture witnessed rapid growth and within two years, Sham began receiving orders from other countries as well. Sham began expanding the capacity of the unit and in three years’ time, the total number of employees working in his company had reached 600. Around the same time, Chennai was witnessing rapid development in the services industry. Because of this development, labourers were gradually shifting their jobs from the manufacturing sector to the more lucrative services sector as they received better salaries with relatively lower physical workloads. Gradually many of Sham’s employees began to leave the company resulting in a shortage of manpower at the plant. This in turn resulted in Sham not being able to meet the timelines on his projects causing increased customer dissatisfaction.Exisitng employees demanded higher wages to continue in the company. If Sham increases the wages, then his company would find it difficult to remain profitable. He is not able to recruit young people as they did not like the jobs in the manufacturing sector as the sector demanded more physical work.Sham receives a takeover offer from International Manufacturing(IM), a manufacturing conglomerate that wants to acquire his company and its assets. But the price they are offering is not competitive. What should be the immediate course of action for Sham?a)Reject the offer and continue operations despite labour shortagesb)Approach the person at IM who is responsible for the deal and offer him kickbacks for increasing the takeover pricec)Negotiate with the firm and try to increase the takeover priced)Analyse the unit’s current situation, its potential and the takeover offer and subsequently decide on the next steps.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the passage and answer the questions independently of one another.Sham had moved to Chennai at the age of 22 in search of employment in the manufacturing sector. He had completed an industrial training course. Roto Manfacturing hired him after they noticed that he was sincere and that he worked hard. Within four years, he reached the position of a supervisor in the company and was leading a team of 25 workers. Sham’s uncle suggested to him that he start his own manufacturing firm as he had gained sufficient experience in the field. Sham was excited by the thought of running his own firm, and with some financial help from his uncle, he soon started his own manufacturing plant. He convinced a few trustworthy employees and colleagues from Roto Manufacturing to join him in this venture. The venture witnessed rapid growth and within two years, Sham began receiving orders from other countries as well. Sham began expanding the capacity of the unit and in three years’ time, the total number of employees working in his company had reached 600. Around the same time, Chennai was witnessing rapid development in the services industry. Because of this development, labourers were gradually shifting their jobs from the manufacturing sector to the more lucrative services sector as they received better salaries with relatively lower physical workloads. Gradually many of Sham’s employees began to leave the company resulting in a shortage of manpower at the plant. This in turn resulted in Sham not being able to meet the timelines on his projects causing increased customer dissatisfaction.Exisitng employees demanded higher wages to continue in the company. If Sham increases the wages, then his company would find it difficult to remain profitable. He is not able to recruit young people as they did not like the jobs in the manufacturing sector as the sector demanded more physical work.Sham receives a takeover offer from International Manufacturing(IM), a manufacturing conglomerate that wants to acquire his company and its assets. But the price they are offering is not competitive. What should be the immediate course of action for Sham?a)Reject the offer and continue operations despite labour shortagesb)Approach the person at IM who is responsible for the deal and offer him kickbacks for increasing the takeover pricec)Negotiate with the firm and try to increase the takeover priced)Analyse the unit’s current situation, its potential and the takeover offer and subsequently decide on the next steps.Correct answer is option 'D'. Can you explain this answer?.

Solutions for Directions: Read the passage and answer the questions independently of one another.Sham had moved to Chennai at the age of 22 in search of employment in the manufacturing sector. He had completed an industrial training course. Roto Manfacturing hired him after they noticed that he was sincere and that he worked hard. Within four years, he reached the position of a supervisor in the company and was leading a team of 25 workers. Sham’s uncle suggested to him that he start his own manufacturing firm as he had gained sufficient experience in the field. Sham was excited by the thought of running his own firm, and with some financial help from his uncle, he soon started his own manufacturing plant. He convinced a few trustworthy employees and colleagues from Roto Manufacturing to join him in this venture. The venture witnessed rapid growth and within two years, Sham began receiving orders from other countries as well. Sham began expanding the capacity of the unit and in three years’ time, the total number of employees working in his company had reached 600. Around the same time, Chennai was witnessing rapid development in the services industry. Because of this development, labourers were gradually shifting their jobs from the manufacturing sector to the more lucrative services sector as they received better salaries with relatively lower physical workloads. Gradually many of Sham’s employees began to leave the company resulting in a shortage of manpower at the plant. This in turn resulted in Sham not being able to meet the timelines on his projects causing increased customer dissatisfaction.Exisitng employees demanded higher wages to continue in the company. If Sham increases the wages, then his company would find it difficult to remain profitable. He is not able to recruit young people as they did not like the jobs in the manufacturing sector as the sector demanded more physical work.Sham receives a takeover offer from International Manufacturing(IM), a manufacturing conglomerate that wants to acquire his company and its assets. But the price they are offering is not competitive. What should be the immediate course of action for Sham?a)Reject the offer and continue operations despite labour shortagesb)Approach the person at IM who is responsible for the deal and offer him kickbacks for increasing the takeover pricec)Negotiate with the firm and try to increase the takeover priced)Analyse the unit’s current situation, its potential and the takeover offer and subsequently decide on the next steps.Correct answer is option 'D'. 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 Directions: Read the passage and answer the questions independently of one another.Sham had moved to Chennai at the age of 22 in search of employment in the manufacturing sector. He had completed an industrial training course. Roto Manfacturing hired him after they noticed that he was sincere and that he worked hard. Within four years, he reached the position of a supervisor in the company and was leading a team of 25 workers. Sham’s uncle suggested to him that he start his own manufacturing firm as he had gained sufficient experience in the field. Sham was excited by the thought of running his own firm, and with some financial help from his uncle, he soon started his own manufacturing plant. He convinced a few trustworthy employees and colleagues from Roto Manufacturing to join him in this venture. The venture witnessed rapid growth and within two years, Sham began receiving orders from other countries as well. Sham began expanding the capacity of the unit and in three years’ time, the total number of employees working in his company had reached 600. Around the same time, Chennai was witnessing rapid development in the services industry. Because of this development, labourers were gradually shifting their jobs from the manufacturing sector to the more lucrative services sector as they received better salaries with relatively lower physical workloads. Gradually many of Sham’s employees began to leave the company resulting in a shortage of manpower at the plant. This in turn resulted in Sham not being able to meet the timelines on his projects causing increased customer dissatisfaction.Exisitng employees demanded higher wages to continue in the company. If Sham increases the wages, then his company would find it difficult to remain profitable. He is not able to recruit young people as they did not like the jobs in the manufacturing sector as the sector demanded more physical work.Sham receives a takeover offer from International Manufacturing(IM), a manufacturing conglomerate that wants to acquire his company and its assets. But the price they are offering is not competitive. What should be the immediate course of action for Sham?a)Reject the offer and continue operations despite labour shortagesb)Approach the person at IM who is responsible for the deal and offer him kickbacks for increasing the takeover pricec)Negotiate with the firm and try to increase the takeover priced)Analyse the unit’s current situation, its potential and the takeover offer and subsequently decide on the next steps.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Read the passage and answer the questions independently of one another.Sham had moved to Chennai at the age of 22 in search of employment in the manufacturing sector. He had completed an industrial training course. Roto Manfacturing hired him after they noticed that he was sincere and that he worked hard. Within four years, he reached the position of a supervisor in the company and was leading a team of 25 workers. Sham’s uncle suggested to him that he start his own manufacturing firm as he had gained sufficient experience in the field. Sham was excited by the thought of running his own firm, and with some financial help from his uncle, he soon started his own manufacturing plant. He convinced a few trustworthy employees and colleagues from Roto Manufacturing to join him in this venture. The venture witnessed rapid growth and within two years, Sham began receiving orders from other countries as well. Sham began expanding the capacity of the unit and in three years’ time, the total number of employees working in his company had reached 600. Around the same time, Chennai was witnessing rapid development in the services industry. Because of this development, labourers were gradually shifting their jobs from the manufacturing sector to the more lucrative services sector as they received better salaries with relatively lower physical workloads. Gradually many of Sham’s employees began to leave the company resulting in a shortage of manpower at the plant. This in turn resulted in Sham not being able to meet the timelines on his projects causing increased customer dissatisfaction.Exisitng employees demanded higher wages to continue in the company. If Sham increases the wages, then his company would find it difficult to remain profitable. He is not able to recruit young people as they did not like the jobs in the manufacturing sector as the sector demanded more physical work.Sham receives a takeover offer from International Manufacturing(IM), a manufacturing conglomerate that wants to acquire his company and its assets. But the price they are offering is not competitive. What should be the immediate course of action for Sham?a)Reject the offer and continue operations despite labour shortagesb)Approach the person at IM who is responsible for the deal and offer him kickbacks for increasing the takeover pricec)Negotiate with the firm and try to increase the takeover priced)Analyse the unit’s current situation, its potential and the takeover offer and subsequently decide on the next steps.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Directions: Read the passage and answer the questions independently of one another.Sham had moved to Chennai at the age of 22 in search of employment in the manufacturing sector. He had completed an industrial training course. Roto Manfacturing hired him after they noticed that he was sincere and that he worked hard. Within four years, he reached the position of a supervisor in the company and was leading a team of 25 workers. Sham’s uncle suggested to him that he start his own manufacturing firm as he had gained sufficient experience in the field. Sham was excited by the thought of running his own firm, and with some financial help from his uncle, he soon started his own manufacturing plant. He convinced a few trustworthy employees and colleagues from Roto Manufacturing to join him in this venture. The venture witnessed rapid growth and within two years, Sham began receiving orders from other countries as well. Sham began expanding the capacity of the unit and in three years’ time, the total number of employees working in his company had reached 600. Around the same time, Chennai was witnessing rapid development in the services industry. Because of this development, labourers were gradually shifting their jobs from the manufacturing sector to the more lucrative services sector as they received better salaries with relatively lower physical workloads. Gradually many of Sham’s employees began to leave the company resulting in a shortage of manpower at the plant. This in turn resulted in Sham not being able to meet the timelines on his projects causing increased customer dissatisfaction.Exisitng employees demanded higher wages to continue in the company. If Sham increases the wages, then his company would find it difficult to remain profitable. He is not able to recruit young people as they did not like the jobs in the manufacturing sector as the sector demanded more physical work.Sham receives a takeover offer from International Manufacturing(IM), a manufacturing conglomerate that wants to acquire his company and its assets. But the price they are offering is not competitive. What should be the immediate course of action for Sham?a)Reject the offer and continue operations despite labour shortagesb)Approach the person at IM who is responsible for the deal and offer him kickbacks for increasing the takeover pricec)Negotiate with the firm and try to increase the takeover priced)Analyse the unit’s current situation, its potential and the takeover offer and subsequently decide on the next steps.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Directions: Read the passage and answer the questions independently of one another.Sham had moved to Chennai at the age of 22 in search of employment in the manufacturing sector. He had completed an industrial training course. Roto Manfacturing hired him after they noticed that he was sincere and that he worked hard. Within four years, he reached the position of a supervisor in the company and was leading a team of 25 workers. Sham’s uncle suggested to him that he start his own manufacturing firm as he had gained sufficient experience in the field. Sham was excited by the thought of running his own firm, and with some financial help from his uncle, he soon started his own manufacturing plant. He convinced a few trustworthy employees and colleagues from Roto Manufacturing to join him in this venture. The venture witnessed rapid growth and within two years, Sham began receiving orders from other countries as well. Sham began expanding the capacity of the unit and in three years’ time, the total number of employees working in his company had reached 600. Around the same time, Chennai was witnessing rapid development in the services industry. Because of this development, labourers were gradually shifting their jobs from the manufacturing sector to the more lucrative services sector as they received better salaries with relatively lower physical workloads. Gradually many of Sham’s employees began to leave the company resulting in a shortage of manpower at the plant. This in turn resulted in Sham not being able to meet the timelines on his projects causing increased customer dissatisfaction.Exisitng employees demanded higher wages to continue in the company. If Sham increases the wages, then his company would find it difficult to remain profitable. He is not able to recruit young people as they did not like the jobs in the manufacturing sector as the sector demanded more physical work.Sham receives a takeover offer from International Manufacturing(IM), a manufacturing conglomerate that wants to acquire his company and its assets. But the price they are offering is not competitive. What should be the immediate course of action for Sham?a)Reject the offer and continue operations despite labour shortagesb)Approach the person at IM who is responsible for the deal and offer him kickbacks for increasing the takeover pricec)Negotiate with the firm and try to increase the takeover priced)Analyse the unit’s current situation, its potential and the takeover offer and subsequently decide on the next steps.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the passage and answer the questions independently of one another.Sham had moved to Chennai at the age of 22 in search of employment in the manufacturing sector. He had completed an industrial training course. Roto Manfacturing hired him after they noticed that he was sincere and that he worked hard. Within four years, he reached the position of a supervisor in the company and was leading a team of 25 workers. Sham’s uncle suggested to him that he start his own manufacturing firm as he had gained sufficient experience in the field. Sham was excited by the thought of running his own firm, and with some financial help from his uncle, he soon started his own manufacturing plant. He convinced a few trustworthy employees and colleagues from Roto Manufacturing to join him in this venture. The venture witnessed rapid growth and within two years, Sham began receiving orders from other countries as well. Sham began expanding the capacity of the unit and in three years’ time, the total number of employees working in his company had reached 600. Around the same time, Chennai was witnessing rapid development in the services industry. Because of this development, labourers were gradually shifting their jobs from the manufacturing sector to the more lucrative services sector as they received better salaries with relatively lower physical workloads. Gradually many of Sham’s employees began to leave the company resulting in a shortage of manpower at the plant. This in turn resulted in Sham not being able to meet the timelines on his projects causing increased customer dissatisfaction.Exisitng employees demanded higher wages to continue in the company. If Sham increases the wages, then his company would find it difficult to remain profitable. He is not able to recruit young people as they did not like the jobs in the manufacturing sector as the sector demanded more physical work.Sham receives a takeover offer from International Manufacturing(IM), a manufacturing conglomerate that wants to acquire his company and its assets. But the price they are offering is not competitive. What should be the immediate course of action for Sham?a)Reject the offer and continue operations despite labour shortagesb)Approach the person at IM who is responsible for the deal and offer him kickbacks for increasing the takeover pricec)Negotiate with the firm and try to increase the takeover priced)Analyse the unit’s current situation, its potential and the takeover offer and subsequently decide on the next steps.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CAT tests.