ISM wants more students with entrepreneurial mind-set in the next batch. To achieve this, ISM is considering following proposals: I. Preparing a question paper of two parts, Part A and Part B of duration of one hour each. Part A and Part B would consist of formula-based problems and application-based problems, respectively. After taking away Part A, Part B would be distributed. The qualifying cut-off percentile would be calculated on the combined scores of two parts. II. Preparing a question paper comprising Part A and Part B. While Part A would comprise formula-based problems, Part B would comprise application-based problems, each having a separate qualifying cut-off percentile. III. Assigning one mark for formula-based problems and two marks for application based problems as an incentive for attempting application-based problems. IV. Allotting one mark for formula-based problems and three marks for application-based problems, without mentioning this in the question paper. Which of the following proposal (or combination of proposals) is likely to identify students with best entrepreneurial mind-set?

From the passage: Mohan's was a popular fast-food joint at Connaught Place, Delhi. Initi...

After discussing with a few customers, Mohan realised that compromising on the quality of ingredients at Panipat branch may not be a good idea but at the same time he also realised that Panipat branch had grown fast. He was contemplating following five actions. Which of the follo…

Innovative Institute of Business (IIB) has decided to be the first green campus in India. IIB Administration has advised all campus residents to reduce carbon footprints. IIB faculty members did a brainstorming and came up with the following suggestions: I. Replacing electricity…

From the passage: Life saving Pharmaceuticals (LSP) is India-based Pharmaceuticals Compa...

Mr. Khan used to work as the Vice President of LSP India. However, he had resigned from LSP India for a better job in New York. In the meantime, his wife was promoted to head the HR of LSP India. Mrs. Khan had struggled hard to reach this position and was quite popular and respec…

From the passage: Mohan's was a popular fast-food joint at Connaught Place, Delhi. Initi...

Mohan sought feedback from a few of his businessmen friends, who were familiar with both the branches. Here is what they said: - Businessman 1: Customers of Connaught place and Panipat are very different. - Businessman 2: Customers in Panipat are extremely happy with Ram's behavi…

From the passage: Mohan's was a popular fast-food joint at Connaught Place, Delhi. Initi...

Mohan sought the help of five consultants, who gave the following opinions: I. Organic vegetables might be a big success at Connaught place but awareness about organic vegetables is low among Panipat customers. II. The Connaught place model can be implemented in Panipat provided…

From the passage: Life saving Pharmaceuticals (LSP) is India-based Pharmaceuticals Compa...

Mr. Rastogi, HR head of LSP, is contemplating transferring Mr. Jose, from India to their Luxembourg office. Mr. Jose's wife is also with the HR department of LSP. The couple is expecting their first child within next four months and hence they want to be together. Mr. Rastogi is…

From the passage: Life saving Pharmaceuticals (LSP) is India-based Pharmaceuticals Compa...

Mr. Sinha, a senior executive of LSP, observes that their business in India is not vibrant. LSP faces stiff competition from Indian and global players, except in rural areas. Interestingly, most of their sales in the rural area are from cough syrup, used as sedatives by teenagers…

From the passage: Life saving Pharmaceuticals (LSP) is India-based Pharmaceuticals Compa...

If more than 50% of their sales volume is from generic drugs, which of the following options is definitely correct? (Note: All percentages figures are with respect to total sales volume)