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Direction: Answer the questions based on the information given below:
A prominent FMCG company recently failed the food and drugs lab test for its most famous and highly sold product "Oodle Noodle". With a market domination for almost 20 years, this product provides for the maximum revenue generated by the company amongst all its different products. The test results state that the product contains high amounts of nickel. Research proves that exposure or consumption of high amounts of nickel can lead to serious health hazards in humans, especially children. "Oodle Noodle" is highly popular in a wide age group, which is between 6- 25 yrs. Mass protests have lined outside the manufacturing units and factories of Oodle Noodle. All types of journalistic and social media platforms are talking about this news either in criticism or speculation.
Given the current series of events, the Director of the company calls for a board meeting with all the chief officials of the company and the following points are reflected on:
1. Immediately hold a press release and talk about how this is a fake news and that competitors are trying to defame the company.
2. Immediately withdraw the product from the market and from all the distributors.
3. Immediately shut down all the factories that the company has.
4. Send the Oodle Noodle samples for a re-test across multiple laboratories.
5. Hold a press conference to tell that the company will stop all sales, withdraw all products of Oodle Noddle and send samples for re-test.
What should be step/(s) taken by the Director and head of the prominent FMCG company in that country?
  • a)
    1 and 4
  • b)
    2 and 3
  • c)
    1, 3 and 5
  • d)
    2, 4 and 5
Correct answer is option 'D'. Can you explain this answer?
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Direction: Answer the questions based on the information given below:...
Statement 1 is an extreme measure that does not consider that perhaps the test results may be correct. Hence, it can be eliminated; also, because it suggests measures without speculating or looking into the situation. Statement 3 can be eliminated as it suggests that all the factories of the company must be shut down, where as question mentions that the company makes other products too and the issue has only been reported with one of its products. Hence, it will not be a feasible measure. Statement 2 and 4 suggest practical measures to bottleneck the situation and verify if the report is true. Statement 5 suggests a measure which will help to contain the negative popularity that the company is suffering through various means of mass media. Hence, option D is the correct choice.
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Direction: Answer the questions based on the information given below:A prominent FMCG company recently failed the food and drugs lab test for its most famous and highly sold product "Oodle Noodle". With a market domination for almost 20 years, this product provides for the maximum revenue generated by the company amongst all its different products. The test results state that the product contains high amounts of nickel. Research proves that exposure or consumption of high amounts of nickel can lead to serious health hazards in humans, especially children. "Oodle Noodle" is highly popular in a wide age group, which is between 6- 25 yrs. Mass protests have lined outside the manufacturing units and factories of Oodle Noodle. All types of journalistic and social media platforms are talking about this news either in criticism or speculation.Ram Shankar, a shopkeeper in one of the remote areas read about the issue in the newspaper. He has a huge stock of Oodle Noodle stocked with him as it a popular product with the locals and also because the festive season is coming. He also realises that the locals are unaware of the situation. The following thoughts cross his mind:1. Sell the stock at a discounted price quoting the forth coming festive season as the reason.2. Ignore the news, not discuss it with anyone else and sell the stock as planned.3. Destroy all the stock and warn the people to not buy it from anywhere else also.4. Not sell Oodle Noodle anymore and send back all the stock to the distributor by quoting the news as a reason.5. Give away the entire stock of Oodle Noodle to the nearby Government School to be used as a mid-day meal.Which of the combinations of the above sentences when arranged from un-ethical to ethical is definitely incorrect?

Answer the questions based on the following information :Rahul is sales manager of XYZ Computers Ltd. and looks after Delhi market. The company sells laptops in India. He is currently trying to select a distributor for coming five years. The distributor ensures that the products are accessible to the customers in the market. Market share of a company depends on the coverage by the distributor. The total profit potential of the entire laptop market in Delhi is Rs. 5 crores in the current year and present value of next four years’ cumulative profit potential is Rs. 15 crores. The first choice for Rahul is to enter into long-term contract with a distributor M/s Jayshree with whom XYZ company has done business in the past, and whose distribution system reaches 55 percent of all potential customers. At the last moment, however, a colleague suggests Rahul to consider signing a oneyear contract with other distributors. Distributors M/s Bola and M/s James are willing to be partner with Dubin. Although a year ago M/s Bola’s and M/s James’s coverage reached only 40 and 25 percent of customers respectively, they claim to have invested heavily in distribution resources and now expect to be able to reach 60 percent and 75 percent of customers respectively. The probability of M/s Bola’s claim and M/s James’s claim to be true is 0.60 and 0.20 respectively. The knowledge about distributors’ coverage will evolve over time. The assumption is that the true level of coverage offered by the new distributors could be discovered, with certainty, through a one-year trail, and this trail will reveal exactly one of the two levels of coverage: for example in case of M/s Bola – 40 percent (as it was last year) or 60 percent (as claime d). In addition, it is also assumed that whatever the coverage is for both distributors, it will not change over time. Rahul narrows down on three choices, which are as follows:Choice 1. Give a five year contract to the familiar distributor M/s Jayshree.Choice 2. Give a one year contract to the new distributor M/s Bola, and base next year’s decision to renew contract with M/s Bola on observed coverage for next four years or enter into a four years contract with M/s Jayshree.Choice 3. Give a one-year contract to the new distributor M/s James, and base next year’s decision to renew contract with M/s James on observed coverage for next four years or enter into a four years contract with M/s Jayshree..Q. The expected present value of the five years cumulative profit with choice 3 is

Answer the questions based on the following information :Rahul is sales manager of XYZ Computers Ltd. and looks after Delhi market. The company sells laptops in India. He is currently trying to select a distributor for coming five years. The distributor ensures that the products are accessible to the customers in the market. Market share of a company depends on the coverage by the distributor. The total profit potential of the entire laptop market in Delhi is Rs. 5 crores in the current year and present value of next four years’ cumulative profit potential is Rs. 15 crores. The first choice for Rahul is to enter into long-term contract with a distributor M/s Jayshree with whom XYZ company has done business in the past, and whose distribution system reaches 55 percent of all potential customers. At the last moment, however, a colleague suggests Rahul to consider signing a oneyear contract with other distributors. Distributors M/s Bola and M/s James are willing to be partner with Dubin. Although a year ago M/s Bola’s and M/s James’s coverage reached only 40 and 25 percent of customers respectively, they claim to have invested heavily in distribution resources and now expect to be able to reach 60 percent and 75 percent of customers respectively. The probability of M/s Bola’s claim and M/s James’s claim to be true is 0.60 and 0.20 respectively. The knowledge about distributors’ coverage will evolve over time. The assumption is that the true level of coverage offered by the new distributors could be discovered, with certainty, through a one-year trail, and this trail will reveal exactly one of the two levels of coverage: for example in case of M/s Bola – 40 percent (as it was last year) or 60 percent (as claime d). In addition, it is also assumed that whatever the coverage is for both distributors, it will not change over time. Rahul narrows down on three choices, which are as follows:Choice 1. Give a five year contract to the familiar distributor M/s Jayshree.Choice 2. Give a one year contract to the new distributor M/s Bola, and base next year’s decision to renew contract with M/s Bola on observed coverage for next four years or enter into a four years contract with M/s Jayshree.Choice 3. Give a one-year contract to the new distributor M/s James, and base next year’s decision to renew contract with M/s James on observed coverage for next four years or enter into a four years contract with M/s Jayshree..Q.If the distributor M/s James claims a coverage of 55% instead of 75% and probability of this claim to be true is 0.70 instead of 0.20 then which of the following statement is true?

Answer the questions based on the following information :Rahul is sales manager of XYZ Computers Ltd. and looks after Delhi market. The company sells laptops in India. He is currently trying to select a distributor for coming five years. The distributor ensures that the products are accessible to the customers in the market. Market share of a company depends on the coverage by the distributor. The total profit potential of the entire laptop market in Delhi is Rs. 5 crores in the current year and present value of next four years’ cumulative profit potential is Rs. 15 crores. The first choice for Rahul is to enter into long-term contract with a distributor M/s Jayshree with whom XYZ company has done business in the past, and whose distribution system reaches 55 percent of all potential customers. At the last moment, however, a colleague suggests Rahul to consider signing a oneyear contract with other distributors. Distributors M/s Bola and M/s James are willing to be partner with Dubin. Although a year ago M/s Bola’s and M/s James’s coverage reached only 40 and 25 percent of customers respectively, they claim to have invested heavily in distribution resources and now expect to be able to reach 60 percent and 75 percent of customers respectively. The probability of M/s Bola’s claim and M/s James’s claim to be true is 0.60 and 0.20 respectively. The knowledge about distributors’ coverage will evolve over time. The assumption is that the true level of coverage offered by the new distributors could be discovered, with certainty, through a one-year trail, and this trail will reveal exactly one of the two levels of coverage: for example in case of M/s Bola – 40 percent (as it was last year) or 60 percent (as claime d). In addition, it is also assumed that whatever the coverage is for both distributors, it will not change over time. Rahul narrows down on three choices, which are as follows:Choice 1. Give a five year contract to the familiar distributor M/s Jayshree.Choice 2. Give a one year contract to the new distributor M/s Bola, and base next year’s decision to renew contract with M/s Bola on observed coverage for next four years or enter into a four years contract with M/s Jayshree.Choice 3. Give a one-year contract to the new distributor M/s James, and base next year’s decision to renew contract with M/s James on observed coverage for next four years or enter into a four years contract with M/s Jayshree..Q.Which of the following statements is TRUE?

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Direction: Answer the questions based on the information given below:A prominent FMCG company recently failed the food and drugs lab test for its most famous and highly sold product "Oodle Noodle". With a market domination for almost 20 years, this product provides for the maximum revenue generated by the company amongst all its different products. The test results state that the product contains high amounts of nickel. Research proves that exposure or consumption of high amounts of nickel can lead to serious health hazards in humans, especially children. "Oodle Noodle" is highly popular in a wide age group, which is between 6- 25 yrs. Mass protests have lined outside the manufacturing units and factories of Oodle Noodle. All types of journalistic and social media platforms are talking about this news either in criticism or speculation.Given the current series of events, the Director of the company calls for a board meeting with all the chief officials of the company and the following points are reflected on:1. Immediately hold a press release and talk about how this is a fake news and that competitors are trying to defame the company.2. Immediately withdraw the product from the market and from all the distributors.3. Immediately shut down all the factories that the company has.4. Send the Oodle Noodle samples for a re-test across multiple laboratories.5. Hold a press conference to tell that the company will stop all sales, withdraw all products of Oodle Noddle and send samples for re-test.What should be step/(s) taken by the Director and head of the prominent FMCG company in that country?a)1 and 4b)2 and 3c)1, 3 and 5d)2, 4 and 5Correct answer is option 'D'. Can you explain this answer?
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Direction: Answer the questions based on the information given below:A prominent FMCG company recently failed the food and drugs lab test for its most famous and highly sold product "Oodle Noodle". With a market domination for almost 20 years, this product provides for the maximum revenue generated by the company amongst all its different products. The test results state that the product contains high amounts of nickel. Research proves that exposure or consumption of high amounts of nickel can lead to serious health hazards in humans, especially children. "Oodle Noodle" is highly popular in a wide age group, which is between 6- 25 yrs. Mass protests have lined outside the manufacturing units and factories of Oodle Noodle. All types of journalistic and social media platforms are talking about this news either in criticism or speculation.Given the current series of events, the Director of the company calls for a board meeting with all the chief officials of the company and the following points are reflected on:1. Immediately hold a press release and talk about how this is a fake news and that competitors are trying to defame the company.2. Immediately withdraw the product from the market and from all the distributors.3. Immediately shut down all the factories that the company has.4. Send the Oodle Noodle samples for a re-test across multiple laboratories.5. Hold a press conference to tell that the company will stop all sales, withdraw all products of Oodle Noddle and send samples for re-test.What should be step/(s) taken by the Director and head of the prominent FMCG company in that country?a)1 and 4b)2 and 3c)1, 3 and 5d)2, 4 and 5Correct 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 Direction: Answer the questions based on the information given below:A prominent FMCG company recently failed the food and drugs lab test for its most famous and highly sold product "Oodle Noodle". With a market domination for almost 20 years, this product provides for the maximum revenue generated by the company amongst all its different products. The test results state that the product contains high amounts of nickel. Research proves that exposure or consumption of high amounts of nickel can lead to serious health hazards in humans, especially children. "Oodle Noodle" is highly popular in a wide age group, which is between 6- 25 yrs. Mass protests have lined outside the manufacturing units and factories of Oodle Noodle. All types of journalistic and social media platforms are talking about this news either in criticism or speculation.Given the current series of events, the Director of the company calls for a board meeting with all the chief officials of the company and the following points are reflected on:1. Immediately hold a press release and talk about how this is a fake news and that competitors are trying to defame the company.2. Immediately withdraw the product from the market and from all the distributors.3. Immediately shut down all the factories that the company has.4. Send the Oodle Noodle samples for a re-test across multiple laboratories.5. Hold a press conference to tell that the company will stop all sales, withdraw all products of Oodle Noddle and send samples for re-test.What should be step/(s) taken by the Director and head of the prominent FMCG company in that country?a)1 and 4b)2 and 3c)1, 3 and 5d)2, 4 and 5Correct 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 Direction: Answer the questions based on the information given below:A prominent FMCG company recently failed the food and drugs lab test for its most famous and highly sold product "Oodle Noodle". With a market domination for almost 20 years, this product provides for the maximum revenue generated by the company amongst all its different products. The test results state that the product contains high amounts of nickel. Research proves that exposure or consumption of high amounts of nickel can lead to serious health hazards in humans, especially children. "Oodle Noodle" is highly popular in a wide age group, which is between 6- 25 yrs. Mass protests have lined outside the manufacturing units and factories of Oodle Noodle. All types of journalistic and social media platforms are talking about this news either in criticism or speculation.Given the current series of events, the Director of the company calls for a board meeting with all the chief officials of the company and the following points are reflected on:1. Immediately hold a press release and talk about how this is a fake news and that competitors are trying to defame the company.2. Immediately withdraw the product from the market and from all the distributors.3. Immediately shut down all the factories that the company has.4. Send the Oodle Noodle samples for a re-test across multiple laboratories.5. Hold a press conference to tell that the company will stop all sales, withdraw all products of Oodle Noddle and send samples for re-test.What should be step/(s) taken by the Director and head of the prominent FMCG company in that country?a)1 and 4b)2 and 3c)1, 3 and 5d)2, 4 and 5Correct answer is option 'D'. Can you explain this answer?.
Solutions for Direction: Answer the questions based on the information given below:A prominent FMCG company recently failed the food and drugs lab test for its most famous and highly sold product "Oodle Noodle". With a market domination for almost 20 years, this product provides for the maximum revenue generated by the company amongst all its different products. The test results state that the product contains high amounts of nickel. Research proves that exposure or consumption of high amounts of nickel can lead to serious health hazards in humans, especially children. "Oodle Noodle" is highly popular in a wide age group, which is between 6- 25 yrs. Mass protests have lined outside the manufacturing units and factories of Oodle Noodle. All types of journalistic and social media platforms are talking about this news either in criticism or speculation.Given the current series of events, the Director of the company calls for a board meeting with all the chief officials of the company and the following points are reflected on:1. Immediately hold a press release and talk about how this is a fake news and that competitors are trying to defame the company.2. Immediately withdraw the product from the market and from all the distributors.3. Immediately shut down all the factories that the company has.4. Send the Oodle Noodle samples for a re-test across multiple laboratories.5. Hold a press conference to tell that the company will stop all sales, withdraw all products of Oodle Noddle and send samples for re-test.What should be step/(s) taken by the Director and head of the prominent FMCG company in that country?a)1 and 4b)2 and 3c)1, 3 and 5d)2, 4 and 5Correct 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.
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All types of journalistic and social media platforms are talking about this news either in criticism or speculation.Given the current series of events, the Director of the company calls for a board meeting with all the chief officials of the company and the following points are reflected on:1. Immediately hold a press release and talk about how this is a fake news and that competitors are trying to defame the company.2. Immediately withdraw the product from the market and from all the distributors.3. Immediately shut down all the factories that the company has.4. Send the Oodle Noodle samples for a re-test across multiple laboratories.5. Hold a press conference to tell that the company will stop all sales, withdraw all products of Oodle Noddle and send samples for re-test.What should be step/(s) taken by the Director and head of the prominent FMCG company in that country?a)1 and 4b)2 and 3c)1, 3 and 5d)2, 4 and 5Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Direction: Answer the questions based on the information given below:A prominent FMCG company recently failed the food and drugs lab test for its most famous and highly sold product "Oodle Noodle". With a market domination for almost 20 years, this product provides for the maximum revenue generated by the company amongst all its different products. The test results state that the product contains high amounts of nickel. Research proves that exposure or consumption of high amounts of nickel can lead to serious health hazards in humans, especially children. "Oodle Noodle" is highly popular in a wide age group, which is between 6- 25 yrs. Mass protests have lined outside the manufacturing units and factories of Oodle Noodle. All types of journalistic and social media platforms are talking about this news either in criticism or speculation.Given the current series of events, the Director of the company calls for a board meeting with all the chief officials of the company and the following points are reflected on:1. Immediately hold a press release and talk about how this is a fake news and that competitors are trying to defame the company.2. Immediately withdraw the product from the market and from all the distributors.3. Immediately shut down all the factories that the company has.4. Send the Oodle Noodle samples for a re-test across multiple laboratories.5. Hold a press conference to tell that the company will stop all sales, withdraw all products of Oodle Noddle and send samples for re-test.What should be step/(s) taken by the Director and head of the prominent FMCG company in that country?a)1 and 4b)2 and 3c)1, 3 and 5d)2, 4 and 5Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Direction: Answer the questions based on the information given below:A prominent FMCG company recently failed the food and drugs lab test for its most famous and highly sold product "Oodle Noodle". With a market domination for almost 20 years, this product provides for the maximum revenue generated by the company amongst all its different products. The test results state that the product contains high amounts of nickel. Research proves that exposure or consumption of high amounts of nickel can lead to serious health hazards in humans, especially children. "Oodle Noodle" is highly popular in a wide age group, which is between 6- 25 yrs. Mass protests have lined outside the manufacturing units and factories of Oodle Noodle. All types of journalistic and social media platforms are talking about this news either in criticism or speculation.Given the current series of events, the Director of the company calls for a board meeting with all the chief officials of the company and the following points are reflected on:1. Immediately hold a press release and talk about how this is a fake news and that competitors are trying to defame the company.2. Immediately withdraw the product from the market and from all the distributors.3. Immediately shut down all the factories that the company has.4. Send the Oodle Noodle samples for a re-test across multiple laboratories.5. Hold a press conference to tell that the company will stop all sales, withdraw all products of Oodle Noddle and send samples for re-test.What should be step/(s) taken by the Director and head of the prominent FMCG company in that country?a)1 and 4b)2 and 3c)1, 3 and 5d)2, 4 and 5Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Direction: Answer the questions based on the information given below:A prominent FMCG company recently failed the food and drugs lab test for its most famous and highly sold product "Oodle Noodle". With a market domination for almost 20 years, this product provides for the maximum revenue generated by the company amongst all its different products. The test results state that the product contains high amounts of nickel. Research proves that exposure or consumption of high amounts of nickel can lead to serious health hazards in humans, especially children. "Oodle Noodle" is highly popular in a wide age group, which is between 6- 25 yrs. Mass protests have lined outside the manufacturing units and factories of Oodle Noodle. All types of journalistic and social media platforms are talking about this news either in criticism or speculation.Given the current series of events, the Director of the company calls for a board meeting with all the chief officials of the company and the following points are reflected on:1. Immediately hold a press release and talk about how this is a fake news and that competitors are trying to defame the company.2. Immediately withdraw the product from the market and from all the distributors.3. Immediately shut down all the factories that the company has.4. Send the Oodle Noodle samples for a re-test across multiple laboratories.5. Hold a press conference to tell that the company will stop all sales, withdraw all products of Oodle Noddle and send samples for re-test.What should be step/(s) taken by the Director and head of the prominent FMCG company in that country?a)1 and 4b)2 and 3c)1, 3 and 5d)2, 4 and 5Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Direction: Answer the questions based on the information given below:A prominent FMCG company recently failed the food and drugs lab test for its most famous and highly sold product "Oodle Noodle". With a market domination for almost 20 years, this product provides for the maximum revenue generated by the company amongst all its different products. The test results state that the product contains high amounts of nickel. Research proves that exposure or consumption of high amounts of nickel can lead to serious health hazards in humans, especially children. "Oodle Noodle" is highly popular in a wide age group, which is between 6- 25 yrs. Mass protests have lined outside the manufacturing units and factories of Oodle Noodle. All types of journalistic and social media platforms are talking about this news either in criticism or speculation.Given the current series of events, the Director of the company calls for a board meeting with all the chief officials of the company and the following points are reflected on:1. Immediately hold a press release and talk about how this is a fake news and that competitors are trying to defame the company.2. Immediately withdraw the product from the market and from all the distributors.3. Immediately shut down all the factories that the company has.4. Send the Oodle Noodle samples for a re-test across multiple laboratories.5. Hold a press conference to tell that the company will stop all sales, withdraw all products of Oodle Noddle and send samples for re-test.What should be step/(s) taken by the Director and head of the prominent FMCG company in that country?a)1 and 4b)2 and 3c)1, 3 and 5d)2, 4 and 5Correct answer is option 'D'. 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