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Quiz Solution Dr.Reddy's presents Amethyst 2016 Preliminary Round Question (1):
Sales of a category with various brands including Brand 360A in the market is 5000 Tons per year. Number of outlets selling this category is 450. Number of outlets where Brand 360A is available is 275. Sales of Brand 360A in the market is 250 Tons per month.
The Distribution Coverage of Brand 360A in this market is:
Answer:
25%
Sales of a category with various brands including Brand 360A in the market is 5000 Tons per year. Number of outlets selling this category is 450. Number of outlets where Brand 360A is available is 275. Sales of Brand 360A in the market is 250 Tons per month.
Question (2):
Answer:
75.1%
61.1%
81.25%
The market share of Brand 360A in this market is: 5%
41.6%
50%
60%
Brand A competes with Brand B in the same market segment in India. Brand A is priced at INR 250 per unit and sells 15,000 units while Brand B is priced at INR 180 per unit and sells 8,000 units.
Question (3):
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Which is the best estimate of the benefit Brand A gets on its superior brand equity relative to Brand B?
Answer:
INR 17.5 Lakhs
Country A and Country B spend millions of dollars on defence. Instead, these dollars could be invested and used for other productive purposes if both countries follow a disarmament strategy. But if one country follows a disarmament strategy and the other does not, then the country that will follow the strategy will be in an unfavorable situation and vice versa. Considering the two strategies of armament and disarmament what is the likely decision that the countries will take? Both take armament strategy Both take disarmament strategy
Question (4):
Answer:
Question (5):
INR 4.9 Lakhs
INR 2.31 Lakhs
INR 23.1 Lakhs
A takes disarmament strategy and B takes armament strategy A takes armament strategy and B takes disarmament strategy How many of the following statements are true: Statement 1: Project cash flows should always be discounted at the real interest rate in order to avoid double counting inflation in the capital budgeting analysis. Statement 2: Inflation tends to affect costs and revenues for a firm proportionally because firms are generally able to pass price increases of inputs along to consumers as price increases in the final product.
Answer:
None of the statements are true
Question (6):
Which of the following reasons make Least Developed Countries unwilling to lead development through the export of primary products?
Answer:
Only one statement is true
Both statements are true
The stability in real prices of primary products and the upward trend in commodity prices The upward trend in commodity prices and the volatility in real prices of primary products The downward trend in commodity prices and the stability in real prices of primary products The volatility in real prices of primary products and the downward trend in commodity prices
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Question (7):
Answer:
Online Quiz Competition Solution | Questions & Answers
You are the manager of the shop floor of Textiles Ltd. The company makes shirts. The shirt making process has 5 steps, namely cutting the cloth (step1), stitching the shirt (step2), sewing the buttons (step3), ironing the shirt (step4) and packing the shirt (step5). If one person works on each step; step1 takes 1 min/item, step2 takes 6 min/item, step3 takes 5 min/item, step4 takes 3 min/item and step5 takes 2 min/item. Increasing workers at a step would decrease the process time proportionally. The management has provided you with 10 workers. Once you allot a worker to a step, he can’t be shifted to a different step. What is the number of workers you will employ in step4 to minimize the overall throughput time? 2
You are the manager of the shop floor of Textiles Ltd. The company makes shirts. The shirt making process has 5 steps, namely cutting the cloth (step1), stitching the shirt (step2), sewing the buttons (step3), ironing the shirt (step4) and packing the shirt (step5). If one person works on each step; step1 takes 1 min/item, step2 takes 6 min/item, step3 takes 5 min/item, step4 takes 3 min/item and step5 takes 2 min/item. Increasing workers at a step would decrease the process time proportionally. The management has provided you with 10 workers. Once you allot a worker to a step, he can’t be shifted to a different step.
Question (8):
What is the number of workers you will employ in step2 to minimize the overall throughput time?
Answer:
3
You are the manager of the shop floor of Textiles Ltd. The company makes shirts. The shirt making process has 5 steps, namely cutting the cloth (step1), stitching the shirt (step2), sewing the buttons (step3), ironing the shirt (step4) and packing the shirt (step5). If one person works on each step; step1 takes 1 min/item, step2 takes 6 min/item, step3 takes 5 min/item, step4 takes 3 min/item and step5 takes 2 min/item. Increasing workers at a step would decrease the process time proportionally. The management has provided you with 10 workers. Once you allot a worker to a step, he can’t be shifted to a different step.
Question (9):
What is the throughput time, in minutes?
Answer:
8
A bakery makes a limited number of cookies each day for sale in its coffee shop. The cookies cost $.80 each to produce and sell for $2.00 each. Leftover cookies are sold in the bakery the following
Question (10):
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day for $.75 each, and all of those are sold.
What are the Salvage Value (A) and Shortage Cost (B)?
Answer:
$0.75, $1.20
At the college entrance exam, a candidate is admitted according to whether he has passed or failed the test. Of the candidates who are really capable, 80 % pass the test and of the incapable, 25 % pass the test. Given that 40 % of the candidates are really capable, then the proportion of the really capable students who can pass the test to the total students who can pass is about:
Answer:
75%
Company X, a chemical giant made a strategic call to divest its pharmaceutical related business unit that lay outside its core strengths. In order to understand the potential sales returns and to develop a sales strategy, it needs a life sciences valuation of the same.
Question (11):
Question (12):
70%
$0.05, $0.75
73%
$0.05, $0.35
$0.05, $1.20
68%
What all components from below would you as a consultant investigate and consider for due diligence on the life science valuation?
I. Markets and Manufacturing capabilities/facilities II. Patents and Scientific skills III. Impact of investments on future revenue streams and profitability IV. Management Team
Answer:
I, II and III
An early stage biotechnology company wants to develop a global/regional strategy for the commercialisation of their Phase I compound to maximise the value to the company over the potential life cycle of the product. As a consultant you conducted a detailed assessment of the market opportunities, technology risks and developments, launch and marketing costs.
Question (13):
I and II
I, III and IV
All Four
What all launch and marketing scenarios would you investigate and consider?
I. Goitalone II. Outright sale III. Outlicensing for royalties IV. Outlicensing with copromotion
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Answer:
I, II and III
Kannu, vice president of sales at Ghana Pharmaceuticals, manages a sales team of ten employees. Members of Kannu's sales force vary in experience level. Four members of the sales team have worked at Ghana for less than one year. The other six salespeople have been with Ghana anywhere from three to seven years. Kannu recently received the annual sales report and noticed that sales have been dropping steadily over the last year. Kannu is considering the idea of providing training to his sales team as a way to boost sales.
Question (14):
Answer:
I, II and IV
I, III and IV
All Four
Which of the following best supports the argument that the drop in sales can be solved through training? Surveys suggest that the firms elimination of yearend bonuses has angered employees Studies suggest that more people are choosing to use generic drugs instead. Members of the sales team say they do not fully understand the benefits and side effects of the latest medications Ghana provides laptops to its entire sales team so each salesperson can easily locate necessary information while on sales calls.
Recently, AB an IT company, came out of nowhere to become the dominant supplier of systems to the pharmaceutical industry. The 1st contract it got was the specific niche of Computer Aided New Drug Approvals, and is today set to triple its revenue runrate for this year. In the technology adoption life cycle, AB is in:
Answer:
The Early market
Company A is a leading pharmaceutical giant in US. Recently it has been facing problems with sales, which have been dropping rapidly. Whereas, another Company B has been experiencing rapid growth in sales. A has a presence in major places and services to customers through its branded stores. The management team of A doesn’t believe in reaching out to people to buy from them. B on the other hand has been widely reaching out to customers and has been expanding. The Profit margin has been the same for both the firms.
Question (15):
Question (16):
The Bowling Alley
The Tornado
The Main Street
Which of the following would support A's management team’s view on reaching out to its customers the most?
Answer:
Push Strategy
Pull Strategy
Trickle Down Strategy
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All of the above
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Company A is a leading pharmaceutical giant in US. Recently it has been facing problems with sales, which have been dropping rapidly. Whereas, another Company B has been experiencing rapid growth in sales. A has a presence in major places and services to customers through its branded stores. The management team of A doesn’t believe in reaching out to people to buy from them. B on the other hand has been widely reaching out to customers and has been expanding. The Profit margin has been the same for both the firms.
Question (17):
Answer:
Which of the following would NOT likely support the sales growth of B? Tie up with Physicians/Hospitals
Intensive retailing
High advertisement
Exclusive retailing
Company A is a leading pharmaceutical giant in US. Recently it has been facing problems with sales, which have been dropping rapidly. Whereas, another Company B has been experiencing rapid growth in sales. A has a presence in major places and services to customers through its branded stores. The management team of A doesn’t believe in reaching out to people to buy from them. B on the other hand has been widely reaching out to customers and has been expanding. The Profit margin has been the same for both the firms.
Question (18):
Answer:
You have been hired by A to look into the problem of declining sales. What would most likely be the problem you would identify? Price of the products
Answer:
Distribution channel differences
None of the above
Question (19):
Bulk discounts given by MAC
Company A is a leading pharmaceutical giant in US. Recently it has been facing problems with sales, which have been dropping rapidly. Whereas, another Company B has been experiencing rapid growth in sales. A has a presence in major places and services to customers through its branded stores. The management team of A doesn’t believe in reaching out to people to buy from them. B on the other hand has been widely reaching out to customers and has been expanding. The Profit margin has been the same for both the firms. The profit margins for both A and B have been the same. What do you think is the most likely cause for this? High distribution costs for A
High distribution costs for B
Low distribution costs for A
Low distribution costs for B
Pharma company A faces the threat of a potential entrant in the coming February. A can now decide whether to preempt the market or to accommodate the entry. The profits are indicated in the graph below: If A preempts the market, what would be the cumulative profits of A for the
Question (20):
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periods January to April?
Answer:
2
5
8
9
Question (21):
Identify the trajectory of Industry change for Pharmaceutical and Fine Art Auction as depicted below
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Answer:
Creative, Intermediating
Intermediating, Creative
Progressive, Radical
Radical, Creative
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