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Entrance Paper - Indian Institute Of Foreign Trade - 2008, Study notes of Foreign Trade

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Question Booklet Serial No.
ADMISSION TEST FOR PROGRAMME 2008-10
Time: 2 Hours
ROLL
NAME (in Capital Letters)
INSTRUCTIONS
NUMBER
Marks: 100
1. Write in the Answer Sheet in the space provided, the Question Booklet Serial Number indicated at the
top of this page.
2. Write your Roll No. clearly in the space provided in both the Question Booklet and the Answer Sheet.
3. Mark your answers in the Answer Sheet only. The Answer Sheet alone will constitute the basis of
evaluation.
4. All rough work must be done in the Question Booklet only.
5. Do not make any stray marks anywhere in the answer sheet.
6. Do not fold or wrinkle the answer sheet.
7. Use only HB Pencil to mark the answers in the answer sheet.
8. All Questions have only one correct answer. In case these questions are answered wrongly, the
candidate gets negative marks equivalent to l/3rd of the marks allotted to these questions.
9. Every answer must be indicated clearly darkening one circle for each answer. If you wish to change
an answer, erase completely the already darkened circle, then make a fresh mark. If you darken
more than one circle your answer will be treated as wrong, as shown in the example below:
WRONG METHOD
B C
RIGHT METHOD
B C
D
10. The candidates are, therefore, advised to read all options thoroughly.
11. No clarification of any sort regarding the question paper is permitted.
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Download Entrance Paper - Indian Institute Of Foreign Trade - 2008 and more Study notes Foreign Trade in PDF only on Docsity!

Question Booklet Serial No.

ADMISSION TEST FOR PROGRAMME 2008-

Time: 2 Hours

ROLL

NAME (in Capital Letters)

INSTRUCTIONS

NUMBER

Marks: 100

1. Write in the Answer Sheet in the space provided, the Question Booklet Serial Number indicated at the top of this page. 2. Write your Roll No. clearly in the space provided in both the Question Booklet and the Answer Sheet. 3. Mark your answers in the Answer Sheet only. The Answer Sheet alone will constitute the basis of evaluation. 4. All rough work must be done in the Question Booklet only. 5. Do not make any stray marks anywhere in the answer sheet. 6. Do not fold or wrinkle the answer sheet. 7. Use only HB Pencil to mark the answers in the answer sheet. 8. All Questions have only one correct answer. In case these questions are answered wrongly, the **candidate gets negative marks equivalent to l/3rd of the marks allotted to these questions.

  1. Every answer must be indicated clearly darkening one circle for each answer. If you wish to change** an answer, erase completely the already darkened circle, then make a fresh mark. If you darken more than one circle your answer will be treated as wrong, as shown in the example below:

WRONG METHOD

B C

RIGHT METHOD

B C D

10. The candidates are, therefore, advised to read all options thoroughly. 11. No clarification of any sort regarding the question paper is permitted.

THE ENTIRE QUESTION PAPER IS DIVIDED INTO

THE FOLLOWING SECTIONS

SECTIONS PART NO.OF QUESTIONS

MARKS

PER

QUESTION

TOTAL

MARKS

MARKS

SECTION

WISE

(a) Section - A

(b) (c) 29 (Questions 1 – 29)

(d)

(e) = (c) x (d)

(f)

Section - B

Section - C

Section - D Total

Part i 25 (Questions 30 – 54) Part ii 11 (Questions 55 – 65) Part i 25 (Questions 66 – 90) Part ii 26 (Questions 91 – 116) Part i 12 (Questions 117 – 128) Part ii 22 (Questions 129 – 150) 150

4. Which of the following film personality had received the Dadasaheb Phalke Award for lifetime contribution to Indian Cinema in the year 2005?

A. Shyam Benegal C. Yash Chopra

B. Mirnal Sen D. Adoor Gopalakrishnan

5. Which of the combination of the Arjuna award winners are correct?

i ii iii

2 3 4 5

Year 2002 2004 2003 1999 2002

Name Deepak Thakur Anju Bobby George Pullela Gopichand I.M. Vijayan Mahesh Bhupati

Field Badminton Hockey Shooting Athletics Football 6

A. 5-i, 1-ii, 2-iii C. 2-i, 6-ii, 3-iii

1995 Rajyavardhan Singh Rathore LawnTennis

B. 4-i, 3-ii, 1-iii D. 3-i, 4-ii, 5-iii

6. Which of the following chess player became Indias second Grandmaster in world chess after Viswanathan Anand?

A. Krishnan Sasikiran C. Dibyendu Barua

B. Pravin Thipsay D. Abhijit Kunte

7. In the recent WTA Bank of the West Classic tennis tournament in Stanford, USA Sania Mirza won the Womens Doubles Title pairing up with ________.

A. Vania King C. Liezel Huber

B. Shahar Peer D. Bethanie Mattek

8. Match the following:

Name (i) Numismatists (ii) Epigraphist

Hobby/Profession (a) Linguist who focuses on the origin of words (b) Person expert in the art of fine handwriting (iii) Calligraphist (c) Scientists who study insects (iv) Etymologists (d) Collectors of coin (v) Entomologists (e) Study of inscriptions engraved into stone or other durable material Scientists who study insects

A. i-a, ii-b, iii-d, iv-e, v-c C. i-d, ii-a, iii-c, iv-b, v-e

B. i-d, ii-e, iii-b, iv-a, v-c D. i-b, ii-c, iii-e, iv-d, v-a

9. Which of the following combination is correct?

A. Andaman Express: Chennai to Jammu Tawi B. Gitanjali Express: Mumbai to Jammu Tawi C. Hirakud Express: Puri to Amritsar D. Navyug Express: Mangalore to Howrah

10. Which one of the following is not correct about Palagummi Sainath?

A. Development journalist B. Expert on famine and hunger C. Was a student of Delhi University D. Grand son of former president V.V. Giri

11. Which of the following countries with their capital and currency is not correct?

Country A. Botswana B. Bulgaria C. Cambodia

Capital Gaborone Sofia Phnom Penh

Peso Lev Riel

Currency

D. Macedonia Skopje Denar

17. Match the right combination of the numbered boxes from the options below

A. A-Bhairavi, B-Ahir Bhairav, C-Bhairav, D- Yaman, E-Jayjaiwanti, F-Chandrakauns, G- Malkauns B. A-Bhairavi, B-Ahir Bhairav, C-Bhairav, D- Malkauns, E-Chandrakauns, F-Jayjaiwanti, G- Yaman C. A- Bhairav, B-Ahir Bhairav, C-Bhairavi, D-Malkauns, E- Yaman, F-Jayjaiwanti, G-Chandrakauns D. A-Ahir Bhairav, B-Bhairavi, C- Bhairav, D- Malkauns, E-Chandrakauns, F-Jayjaiwanti, G- Yaman

18. Match the following:

State Location Type of Special Economic Zone

(i) Andhra Pradesh (a) Hassan (A) Automobile and Automobile Component (ii) Maharashtra (iii) Karnataka (iv) Tamil Nadu

(b) Ranipet (c) Hyderabad (d) Waluj

(B) Leather (C) Textile (D) Gems and Jewellery

A. i-b-D, ii-d-A, iii-a-C, iv-c-B C. i-c-B, ii-d-A, iii-a-C, iv-b-D

B. i-b-B, ii-a-A, iii-d-C, iv-c-D D. i-c-D, ii-d-A, iii-a-C, iv-b-B

19. Match the following:

Country (i) Ghana (ii) Tanzania (iii) Nigeria (iv) Uganda

A. i-a, ii-d, iii-c, iv-b C. i-b, ii-a, iii-c, iv-d

President (a) Umaru Yar Adua (b) Yoweri Museveni (c) John Agyekum Kufour (d) Jakaya Mrisho Kikwete

B. i-c, ii-d, iii-a, iv-b D. i-a, ii-b, iii-d, iv-c

20. With which of the following country, India currently does not have a Preferential Trade Agreement?

A. Sri Lanka C. Chile

21. Match the following:

State (i) Bihar (ii) Andhra Pradesh (iii) Harayana (iv) Madhya Pradesh

B. Thailand D. Peru

Festival (a) Chhath (b) Gugga Naumi (c) Margazh (d) Koqsar

Fair (A) Madai Fair (B) Yellaramma Jatara (C) Sonepur Cattle Fair (D) Basdoda Fair

A. i-a-D, ii-b-B, iii-c-C, iv-d-A C. i-a-C, ii-c-B, iii-b-D, iv-d-A

B. i-d-C, ii-c-B, iii-a-A, iv-b-D D. i-b-A, ii-a-C iii-d-D, iv-c-B

25. Match the correct combination in the following:

Actresses (i) Izabella Scorupco (ii) Teri Hatcher (iii) Sophie Marceau (iv) Roasmund Pike

A. i-c, ii-d, iii-a, iv-b C. i-c, ii-d, iii-b, iv-a

26. Match the following:

Painter (i) Leonardo Da Vinci (ii) Jonannes Vermeer (iii) Vincent Van Gogh

Featured in a James Bond Movie (a) The World is not enough (b) Die Another Day (c) Golden Eye (d) Tomorrow Never Dies

B. i-a, ii-c, iii-d, iv-b D. i-a, ii-b, iii-c, iv-b

Title of Creation (a) The Last Supper (b) The descent from the cross (c) Starry Night (iv) Rembrandt Harmensz Van Rijn (d) Christ in the house of Martha and Mary (v) Salvador Dali

A. i-a, ii-d, iii-c, iv-b, v-e C. i-c, ii-d, iii-e, iv-b, v-a

(e) The disintegration of the persistence of memory

B. i-a, ii-b, iii-c, iv-d, v-e D. i-e, ii-b, iii-d, iv-c, v-a

27. Who were the founders of the company Hewlett Packard (HP)?

A. Dave Hewlett and Bill Packard B. Bill Hewlett and Dave Packard C. Jack Hewlett and Edwards Packard D. Edwards Hewlett and Jack Packard

28. Who won the „Asia Business Leader of the Year award at the CNBC Asia Business Leaders Awards in 2006?

A. Rahul Bajaj C. Anand Mahindra

29. Which of the following Indian ports is a private

port?

A. Bedi Bunder C. Ratnagiri

B. Ratan Tata D. Vijay Mallya

B. Navlakhi D. Pipavav

SECTION – B (PART- i)

30. Mr. Bedis family members went on a picnic. There were two grandfathers and four fathers and two grandmothers and four mothers in the group. There was at least one grandson or a granddaughter present in this group. There were two husband-wife pairs in this group. The single grandfather (whose wife was not present) had two grandsons and a son present in the party. The single grandmother (whose husband was not present) had two granddaughters present. A grandfather or a grandmother present with their spouses did not have any grandson or granddaughter present. What was the minimum number of people present in this picnic group?

A. 14 C. 12

Directions for Questions 31-33:

B. 10

D. 16

i. Five girls- Seema, Reema, Neeta, Mona and Veena have total five tickets of movie theatres- Priya, Chanakya, M2K, PVR Saket, Satyam where movies - Gangster, Khiladi, Hero, Saalaam Namaste and Iqbal are currently playing. Each girl has one movie ticket of one of the five theatres. ii. Movie Gangster is running in Priya theatre whose ticket is not with Veena and Seema. iii. Mona has ticket of Iqbal movie. iv. Neeta has ticket for the M2K theatre. Veena has the ticket of Satyam theatre where Khiladi is not running. v. In PVR Saket theatre Saalaam Namaste is running.

31. Which is the correct combination of the Theatre – Girl – Movie?

A. M2K – Neeta – Hero C. Satyam – Veena – Iqbal

32. Which movie is running at Chanakya?

A. Gangster C. Hero

33. Who is having the ticket of the movie Hero?

A. Reema C. Seema

Directions for Questions 34-36:

B. Priya – Mona – Gangster D. PVR Saket – Seema – Saalaam Namaste

B. Iqbal D. Data inadequate

B. Veena D. Mona

Director of a drama group has to assign different roles to two artistes - Paramjeet and Kamaljeet to play in a drama depending on four different symbols - @ for father, $ for wife, # for brother and

  • for daughter. There were four combinations decided by the director showing following results. Answer the following questions on the basis of results I, II, III, IV

I. Paramjeet @ Kamaljeet stands for Paramjeet is father of Kamaljeet II. Paramjeet $ Kamaljeet implies Paramjeet is the wife of Kamaljeet III. Paramjeet # Kamaljeet stands for Paramjeet is brother of Kamaljeet IV. Paramjeet * Kamaljeet stands for Paramjeet is daughter of Kamaljeet

A. No officer is a teacher. B. Mr. Rangachary is not a teacher. C. Mr. Rangachary is an officer. D. Dr. Nandi is not an officer. E. Dr. Nandi is a teacher.

A. ABE

C. ADE

B. ABC

D. ACB

Directions for Questions 41-42:

Answer the questions based on following information.

In an institute there are five identical rooms having different items in it. Every identical looking room has a

name indicating its contents. The details of the contents and the name of each room are as given below.

Contents Two printers Two Computers Two Bags One printer and one computer One bag and one computer

Name of Rooms Pashupatti Chandrachud Bagbahadur Purnachandra Biswachakrak

One day somebody in the institute changed the name plate of every room such that no room contains the name correctly explaining its contents.

41. If supervisor of the institute opened a room named Biswachakra and found that one item was a bag. Which

of the following would definitely be correct?

A. the other item will be a bag B. the other item will not be a bag C. the other room named Bagbahadur will contain a bag D. the other item is a computer

42. If it is known that room named Purnachandra does not contain either any printer or any computer, the room named Pashupatti does not contain any printer and room named Chandrachud contains one computer and one bag, which of the following will definitely be true if only one of the remaining rooms is opened?

A. It will have at least one computer and printer B. It will have two printers C. It will have at least one computer D. lt will have at least one printer

Directions for Questions 43-46:

Answer the questions based on the following information

Four persons (l) Mohit, (2) Monohar, (3) Prasant and (4) Dinesh each had some initial money with them. They all were playing bridge in a way that the loser doubles the money of each of the other three persons from his share. They played four rounds and each person lost one round in the order 1,2, 3 and 4 as mentioned above, At the end of the fourth round each person had Rs. 32000/-

43. What was the amount with Mohit to start with?

A. Rs. 60000 C. Rs. 66000

B. Rs. 34000 D. Rs. 28000

44. What was the amount with Monohar at the end of first round?

A. Rs. 68000 C. Rs. 64000

B. Rs. 72000 D. Rs. 80000

45. Who has the lowest amount at any round of play throughout the tournament?

A. Mohit C. Prasant

B. Monohar D. Dinesh

46. What was the amount with Prasant at the end of the second round?

A. 36000 C. 16000

B. 72000

D. 68000

47. The VC (Vice-Chancellor) of a university has to select four professors, out of eight professors for a committee. The VC decided to select these four professors in such a manner that each selected professor has a habit common with at least one of the other three professors selected. The selected professors must also share at least one of the non-common habits of any of the other three professors selected.

Professor Arora likes surfing and smoking but hates gambling Professor Bhalla likes smoking and drinking but hates surfing Professor Chadha likes gambling but hates smoking Professor Dhyani likes movie but hates drinking. Professor Eswar likes drinking but hates smoking and movie Professor Fazil likes surfing but hates smoking and movie Professor Goyal likes gambling and movie, but hates surfing Professor Hooda likes smoking and gambling but hates movie

Who are the four professors selected by the VC for the committee?

A. Prof. Chadha, Prof. Dhyani, Prof. Eswar, Prof. Goyal B. Prof. Arora, Prof. Bhalla, Prof. Eswar, Prof. Fazil C. Prof. Bhalla, Prof. Chadha, Prof. Goyal, Prof. Hooda D. Prof. Dhyani, Prof. Eswar, Prof. Fazil, Prof Hooda

51. Kamla is an engineering graduate with 66% marks at degree and 90% at HSC. She has joined engineering firm 2 years ago at the age of 24 years. She is ready to sign the bond.

A. if the case is to be selected B. if the case is not to be selected C. if the case is to be referred to Director D. if the case is to be referred to President

Directions for Questions 52-54:

Answer the questions on the basis of the information given below.

There was an effort to study the relative importance that beneficiaries of five states assigned to five different development programme implemented by their governments. The programmes were Jawahar Rozgar Yojana (JRY), Indira Awas Yozna (IAY), Mid-Day Meal (MDM), Rural Health Mission (RHM), National Rural Employment Guarantee Scheme (NREG). The level of dissimilarity between two states is the maximum difference in the rank allotted by the two states to any five programmes. The following table indicates the rank order of the five programmes for each state.

Rank

1

2

3 4

5

Orissa JRY RHM MDM NREG IAY

Bihar MDM JRY RHM IAY NREG

Rajasthan IAY MDM JRY NREG RHM

Kerala NREG IAY RHM JRY MDM

Karnataka NREG JRY MDM RHM IAY

52. Which of the following states is least dissimilar to Orissa?

A. Bihar C. Kerala

B. Rajasthan D. Karnataka

53. Which of the following states is most dissimilar to Orissa?

A. Bihar C. Kerala

B. Rajasthan D. Karnataka

54. Three of the following four pairs of states have identical levels of dissimilarity. Which is the odd one out?

A. Kerala & Bihar C. Rajasthan & Kerala

B. Bihar & Karnataka D. Karnataka & Rajasthan

SECTION – B (PART – ii)

The questions in this group are based on the content of the passage. After reading the passage, choose the best

answer to each question. Answer all questions following the passage on the basis what is stated or implied in the passage.

PASSAGE 1:

Line From the very beginning TCL (Tata Chemicals Ltd.) has successfully grown by meeting consumer requirements in a mutually beneficial way. To determine its benchmark, it uses its own „ Customer Requirements Determination Process ( CRDP ) where in it explores present and future customer requirements to enable them to (5) incorporate those in their business offerings. This process starts with listening to end-users by exploring various customer listening information sources. This information captures various expectations of customers. Next step starts with identification of segments and matching of segment wise expectations. Outcome of this exercise gives enough guidelines about new business scopes and grey areas of current (10) business practices. After validation of customer expectations through cross checking, TCL matches its internal resources and skill sets with external opportunities and threats to address attractive business avenues. Launch of Tata Kisan Sansar was an outcome of that to offer all sort of end-to-end agri solutions to farmers.

Agriculture till today contributes a lot for the development of Indian economy with (15) an employment share of around 69 percent of the work force and with a contribution of near about 24 percent of the GDP of the country. Indian agriculture sector has its importance in economic growth but value addition in this sector in terms of earning capacity is decreasing because of greater income streams from industry and services sectors. The continuous expanding of the gap in per (20) capita income between the agricultural and non-agricultural sectors has huge economic and social implications and it is almost necessary to empower the farmers financially by enriching the source of income. In this backdrop, one of the motivations for TCL to start „Tata Kisan Sansar (TKS)' was to ensure business by empowering agti-product producers. Again TCL felt that due to its business nature of (25) manufacturing and marketing commodities, it developed an image of a purely product centric organization. TCL's internal research substantiated its feeling and it recognized a paradigm shift towards a customer centric organization.

TCL first started 'Tata Kisan Kendra' in 1988, exclusive franchised retail outlets of Tata with the objective of providing 'one-stop agri input shop' to the farmers. With the (30) marketing function being transferred from Rallis to Tata Chemicals. TCL used the Tata Kisan Kendras (TKKs) more extensively to market their products. It was understood by the company that the range of offerings under the TKKs offered an attractive basket of benefits to the fanners. The business model of the TKKs was based on offering a complete set of inputs to the farmer. Along with this, it also offered (35) extension services and technology inputs to help farmers plan their crops. At that time it dealt more with offering fertilizers and other inputs from those centers. Over the time it realized that the job is half done because requirements of a farmer is multi-layered. To offer a more holistic services it changed “Tata Kisan Kendra” as „Tata Kisan Sansar and repositioned it as „one-stop farmers solution shop by offering entire (40) range of agri services including quality agri input products. Objective was to empower farmers by providing them information about better agronomic practices, facilitating farm credit and providing quality agri inputs from a single source.

PASSAGE 2:

Indian car rental market may be segmented under four broad categories. First , the most popular segment is of a fuel conscious and mileage hungry consumer who prefers a chauffer driven car. To extract maximum benefit from hired car, consumer representing this segment wants to check credibility of car rental agency and chauffer in terms of (5) mileage per liter of fuel that he has paid for. Consumer of this segment is very price sensitive and wants maximum value for money even if he may rent an economy car like a Tata Indica or a top end luxury limousine. This segment is dominated by unorganized players. Branded players are lagging behind to lure this segment because of their stringent service condition in comparison to unorganized players. In (10) Indian market, organized car rental industry is crawling for the last couple of years to position itself as a most sought after option to meet segment requirements. Hertz India is also practicing the same. To position itself perfectly in the mind of the targeted segment, it has gone for multiple strategic routes to win over different segments. The major external influencing factors for the consumer in this segment may (15) be the firms marketing efforts to establish itself as a service provider with value for money. Due to their association with renowned airlines and hotels, Hertz, to a lot of people means faith. This may help Hertz to create an impression in the mind of this segment that they will definitely not be cheated and get their value, even if it means spending a little extra. Further, it is trying to educate this segment about (20) benefits of self-driven car as a medium of hassle-free journey by projecting a premium value for money image and with a fleet mix of compact and luxury cars (such as Ikon, Accent and Esteem).

Second, a sizable amount of people are there who usually use their own compact or three box mid size car but

prefer to enjoy the riding thrill of SUV (Sports Utility (25) Vehicles) like Ford Endeavor/Honda CRV/GM Chevrolet or a Luxury car like a Mercedes/Camry for a shorter time span. Upcoming new generations or urban executives of large corporate in India with a high disposable income and proactive to enjoy all new things in life and to make it more adventurous and eventful represent this segment. To them, renting a self-drive car and driving off to a place of their choice in a (30) Mercedes/SUV gives them an experience similar to that of a foreign holiday. Under this same self-drive segment, another type of consumers are frequent international travelers (including foreign tourists) who prefer their privacy and independence and wish to choose their own routes/car model at the time of exploring destinations. They love their freedom & space in life where-ever they (35) travel without any barrier like being driven by a chauffer. Equipped with their internationally accepted credit cards, an international driving permit or license, they prefer advance car rental bookings by logging on the car rental company's website and thereafter just picking up the keys of their booked car once they enter a new country/city. They are adventurous, driving enthusiast, belonging to the upper-middle (40) class, have brand loyalty about their car rental agency. In this self-driven segment, Hertz India is trying to position itself as a contemporary service provider by offering both economy cars and SUVs (Scorpio and Tata Safari). To win over occasional self-drivers of SUV type cars and frequent travelers, Hertz uses slogans like "Break free" or “Drive the worlds # 1” regularly in travel magazines to portrait the quality of its cars, (45) and the range it offers.

Third segment consists of institutional consumers, mainly hotels in big cities and air service providers.

Institutional consumers prefer quality and service assurance to offer maximum possible service to their customers. In India, all big car rental agencies have contract with star hotels to offer rental service to them. In this segment, Hertz has contract with star hotels to offer rental service to them. In this segment, Hertz has (50) prominent clienteles like Taj Group of Hotels, Marriott and Jet Airways. Further, they have contract with hotels like Shangrila in Delhi, and Renaissance and JW Mariott in Mumbai to provide all car rental requirements of them. Their other clients are Carlson Wagonlit, BTI Sita, Thomas Cook and online travel sites like Makemytrip, Indiatimes and Travelguru. According to their deal with Jet Airways, it allows Jet (55) Privilege members to earn „miles every time they use Hertz car rental service. For every Rs.

1000/- spent on Hertz rentals, a Jet privilege member earns 100 JP Miles and special discounts are given to platinum, gold and silver card holders.

In recent past „fleet management is coming up as a possible fourth target segment for car rental companies in India. Worldwide cars are not purchased but only leased and (60) this trend is getting its root in Indian market als. It means the management of a fleet of vehicles, using certain tools, to improve operational efficiency and effectiveness. To win over consumers of this segment, services should be professional and a fleet management company should address all the issues a company might deal with pertaining to managing its fleet. In India, LeasePlan Fleet Management (65) India (LPFM), the wholly-owned subsidiary of LeasePlan Corporation, Netherlands is pioneer in this field. Orix Auto and Business Solutions, is also present in this segment, Hertz is focusing more on car rentals than on fleet management. Though it provides chauffeur-driven cars to many companies like IBM, Sony, KPMG, Compaq, there is a huge scope in this segment for future growth. This segment demands (70) customized service in terms of vehicle acquisition, fuel management, vehicle financing and maintenance, resale of the cars at the end of the contract period etc.

60. The primary purpose of this passage is to:

A. Illustrate how Hertz could plan for the Indian market and maximize profits B. Illustrate buying behavior of unorganized sectors offering car rental services C. Illustrate segment opportunities for a new entrant in car rental business D. Illustrate consumer awareness and views about options available in car-rental business in India

61. „Self-Drive concept may be a lucrative option to a manager to lure Indian consumers because:

A. Collectivist culture motivates Indian consumers to opt for self drive B. Indian roads encourage consumers to experience joy of long drive C. Indians may enjoy driving comfort of SUV as they dont have capacity to own it D. A sizeable number of Indian consumers aspire to enjoy new things in life

62. As a business manager of a car-rental company, you may popularize „self-drive concept to international travellers because:

A. They know Indian roads and want to explore new places by their own B. They dislike concept of chauffeur as Indian chauffeurs are not very professional C. Individualistic culture discourages them to travel in group D. They can easily book their cars through website of car rental agencies

63. As a business manager of a globally recognised „car-rental agency if you like to tap institutional consumers of India, you should not:

A. Bank on your globally recognized „brand name to ensure sale B. Make a list of your global clientele to impress your prospective customer C. Consider offerings of your competitors to formulate your value proposition D. Accept service assurance not as a major influencer behind buying decision