Correct Answer: By allocating funds effectively for green projects
  

Solution : The correct answer is (b) By allocating funds effectively for green projects

Financial planning involves allocating financial resources in a strategic manner to support the company's objectives and initiatives. In the context of sustainability, UVW Industries can allocate funds specifically for green projects that align with their sustainable initiatives. This includes budgeting and financial forecasting to ensure that adequate funds are set aside for research, development, implementation, and maintenance of eco-friendly practices and projects.

Correct Answer: Wheat

Solution : The correct answer is (a) Wheat.

The Green Revolution in India, which began in the 1960s, was primarily aimed at increasing the production of wheat. The agricultural strategy introduced high-yielding varieties of wheat, along with improved irrigation techniques and the use of fertilizers and pesticides. This led to a significant increase in wheat production and helped India achieve self-sufficiency in wheat production. The Green Revolution also had an impact on the production of other crops such as rice, but its initial focus and success were particularly notable in the case of wheat.

Correct Answer: Assam

Solution : The correct answer is Assam

In February 2014, became the first state to legally ban consumption of all forms of smokeless tobacco, including pan masala containing tobacco and nicotine, through an act. Smokeless tobacco accounts for 90% of oral cancers, the act also bans the manufacture, advertisement, trade, storage, distribution and sale of the substances.

Roadmap to Tobacco Control Legislation. The Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) Act, 2003 (COTPA) is the principal comprehensive law governing tobacco control in India .

Final answer is Assam

Correct Answer: Production Concept

Solution : The correct answer is (d) Production Concept.

The Production Concept is a marketing philosophy that emphasizes producing high-quality products at the lowest possible cost and making them widely available to consumers. The primary focus is on production efficiency, streamlining operations, and reducing production costs to ensure that products are affordable and readily accessible to customers. This approach assumes that customers will favor products that are easily available and affordable, placing the emphasis on the production and distribution aspects of the business.

Correct Answer: Time Study

Solution : The correct answer is (b) Time Study

Time study involves analyzing and measuring the time required to perform a specific task or job accurately. XYZ Productions using time and motion studies to identify inefficiencies directly aligns with the concept of analyzing the time taken for specific motions within their production processes.

In summary, XYZ Productions using time and motion studies to identify inefficiencies in their production processes aligns with the technique of "Time Study," focusing on analyzing and measuring the time taken for specific motions to enhance efficiency.

Correct Answer: Economic growth
 

Solution : Under economic growth, development of infrastructure facilities enhances the production activity of different sectors of the economy. This implies a sustainable increase in the real GDP. There is an increase in the volume of goods and services produced in the economy.
Hence Option B is correct.

Correct Answer: By investing in employee training and innovation

Solution : The correct answer is (c) By investing in employee training and innovation

ABC Textiles invested in training its employees in the latest technologies and innovative techniques, demonstrating a commitment to adapting and staying competitive in the market. This investment in employee training and innovation aligns with the principles of entrepreneurship development, fostering adaptability, and enhancing the company's overall success.

Correct Answer: The process of using environmentally sustainable methods and materials

Solution : The correct answer is (C) The process of using environmentally sustainable methods and materials

The term "eco-friendly practices" refers to the process of using environmentally sustainable methods and materials. It involves adopting practices that are less harmful to the environment, reduce resource consumption, minimize pollution, and promote sustainability. Eco-friendly practices aim to have a lower impact on the natural environment and contribute to environmental conservation and protection.

Correct Answer: Assertion is true, but the reason is false.

Solution : The correct answer is (c) Assertion is true, but the reason is false.

The assertion is true. Marketing management involves the application of various marketing techniques and principles. It encompasses planning, organizing, implementing, and controlling marketing activities to meet organizational goals.

The reason is false. Marketing management is not solely concerned with production processes. It involves a wide range of activities related to marketing strategy, market research, product development, pricing, promotion, distribution, and customer relationship management. Production processes are a part of operations management, which is distinct from marketing management.

In summary, the assertion is true, but the reason provided is false as it inaccurately represents the scope and focus of marketing management.

Correct Answer: Marketing Concept

Solution : The correct answer is (c) Marketing Concept.

The Marketing Concept is a customer-centric philosophy that focuses on understanding and meeting customer needs and wants. It involves delivering superior value to customers to achieve customer satisfaction and, in turn, gain long-term customer loyalty. This approach aims to create a strong customer orientation throughout the organization, where the primary goal is to provide products or services that address customer needs and preferences effectively, ultimately leading to business success.