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<u>Directions :</u> In each of the following questions a statement is given, followed by two conclusions. Give answer :<br><br><u>Statements :</u> Company X has marketed the product. Go ahead; purchase it if price and quality are your considerations.<br><br><u>Conclusions :</u><br>I. The product must be good in quality.<br>II. The price of the product must be reasonable.

Correct Answer: Both I and II follow
It is mentioned in the statement that one who considers price and quality before buying a product should buy the product of company X. So, both I and II follow.

Statement : Company X has marketed the product . GO ahead, purchase it if price and quality are your considerations . Conclusions : (I) The product must be good in quality . (II) .The price of the product must be reasonable.

Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : 'Tender specification will not be issued to the firms where there is 25% or more default in supplies against earlier purchase orders placed on them' - Condition of a Company X inviting tenders for the purchase of material.

Assumptions :
I. The Company X will be watching the quality of performance of its suppliers.
II. This time the firms should keep the percentage of default as less as possible.
III. The Company X expects quality and professional approach from its suppliers.

Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : 'The simplest and the most cost-effective way to upgrade your home. Exchange your old furniture and get 25% to 33% off on the new furniture.' - An advertisement of a furniture company.

Assumptions :
I. Nowadays, there is no demand for furniture products unless some attractive scheme is offered.
II. Some customers always desire to have best quality and do not bother either for cost or for convenience.
III. Some customers want to keep their home up-to-date with reasonable cost and with less hassles.

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement: The coffee powder of company X is quite better in taste than the much advertised coffee of company Y.

Assumptions :
I. If your product is not good, your spend more on advertisement.
II. Some people are tempted to buy a product by the advertisement.

One statement is given followed by two conclusions/assumptions, I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions/assumptions can definitely be drawn from the given statement. Statement: I) Quality has a price tag. II) India is allocating lots of funds to education. Conclusions: I) Quality of education in India would improve. II) Funding alone can enhance quality of education.

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statements : Quality has a price tag. India is allocating lots of funds to education.

Conclusions :
I. Quality of education in India would improve soon.
II. Funding alone can enhance quality of education.

Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : "We have the distinction of being the only company in India as well as the second in the world to have won an ISO 9002 certification in our line of business." - Statement of Company X's Chairman.

Assumptions :
I. There were not many companies in the line of business of Company X.
II. Getting ISO 9002 in the line of business of Company X is not easy.
III. The Company X desires to expand its business.

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement : You know that your suit is excellent when people ask about your tailor who tailored the suit.

Assumptions :
I. People do not ask about your tailor if your suit is not good.
II. The people want to know the criterion of an excellent suit.

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it. Most successful companies, institutions and organizations have mission statements. Most individuals don't. As the Chief Executive Officer of your own life in the knowledge era, you need a laser like focus in your vision. You need a mission and a mission statement describing how you want to live, not just what you want to own; defining the person you want to become, not just the title you want to see on your door; outlining the knowledge you will receive, not just the degree you'll earn or your next promotion. I began the process this way : "To be aware of the uniqueness of my associates, clients, friends and family, and to treat that uniqueness with loving concern. I was created to lead myself and others to understand win­win relationships and how to use them to improve the lives of all persons with whom I come into contact." You, too, can frame your mission statement starting with your core values, working outward to your material desires and financial needs. What are the suggested components of a 'mission statement'?

Statement : The Company X has rejected first lot of values supplied by Company A and has cancelled its entire huge order quoting use of inferior quality material and poor craftsmanship.

Courses of Action :
I. The Company A needs to investigate functioning of its purchase, production and quality control departments.
II. The Company A should inspect all the valves rejected by Company X.
III. The Company A should inform Company X that steps have been taken for improvement and renegotiate schedule of supply.