Comprehension
Consider the following passage and answer the questions.
Gen-X enterprises is the company producing and selling cell phones. After earning reasonable profits for a few years, the company planned to venture into the following areas to serve the existing customer in the same manner as it has been doing for the last decade.
(a) Computer education
(b) Organising elephant race
(c) Spreading information about family planning
(d) Organising mountaineering treks
Question: 1

“Gen-X enterprises is the company producing and selling cell phones.” As per this statement, which aspect has been marketed by the company?

Updated On: June 02, 2025
  • Physical Product
  • Services
  • Events
  • Information
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The Correct Option is A

Approach Solution - 1

The phrase "Gen-X enterprises is the company producing and selling cell phones" indicates that the company's marketing focus is primarily on a tangible item, the cell phones they manufacture and offer to consumers. In business terms, this is referred to as a "Physical Product." Taking into account the business studies context and the information provided, marketing can often encompass a range of aspects, but in this instance, the emphasis is clearly on the physical goods (the cell phones) being produced and sold. 

Comparing the given options:

  • Physical Product: Refers to tangible items offered for sale, such as cell phones in this case.
  • Services: Intangible offerings such as customer support, not directly highlighted here.
  • Events: Organized happenings like concerts or races, not applicable to the production and sale of cell phones.
  • Information: Dissemination of knowledge, which doesn't fit the company’s primary focus on selling cell phones.

Thus, the most suitable aspect that has been marketed by the company, as per the statement, is the Physical Product.

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Approach Solution -2

In this context, Gen-X enterprises markets physical products, specifically cell phones. The company’s core offering is a tangible product, meaning it deals with goods that customers can physically touch and use. This is in contrast to services, which are intangible. By focusing on physical products, the company focuses on manufacturing, distribution, and customer satisfaction related to the tangible items they offer.

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Question: 2

Which aspect has been marketed by the company by rendering computer education?

Updated On: June 02, 2025
  • Services
  • Events
  • Information
  • Experience
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The Correct Option is A

Approach Solution - 1

To determine which aspect has been marketed by the company by rendering computer education, we should analyze the nature of the activities listed and relate them to the given options: Services, Events, Information, and Experience. 

The company, Gen-X enterprises, has expanded into an area providing computer education. Let’s break down the concept:

  • Computer Education: This refers to imparting knowledge and skills related to computers, which encompasses teaching and training individuals to understand and use computers effectively.

Now, let's match this to the available options:

  • Services: Services are intangible offerings that involve a deed, performance, or effort. Providing education, including computer training, is classified as a service since it offers educational performance to individuals.
  • Events: These are specific occurrences or happenings, often one-time or periodic, like the elephant race and mountaineering treks mentioned in the passage.
  • Information: This would pertain to merely spreading knowledge or data, such as family planning information.
  • Experience: Personal engagement or activity designed to offer a memorable interaction, often associated with events or experiential learning beyond simple instruction.

Given this breakdown, the aspect marketed by rendering computer education aligns best with Services, as this involves continuous action and expertise imparting skills and knowledge, characteristic of service offerings.

Correct Answer: Services

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Approach Solution -2

By offering computer education, Gen-X enterprises is providing a service, which is an intangible offering aimed at educating people rather than selling a physical product. Services, unlike physical products, cannot be touched or stored, and they focus on delivering expertise, knowledge, or experiences to customers. In this case, the company is offering educational value rather than a tangible item.

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Question: 3

Which aspect has been marketed by organising elephant race?

Updated On: June 02, 2025
  • Events
  • Experience
  • Place
  • Idea
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The Correct Option is A

Approach Solution - 1

In the given passage, Gen-X enterprises is planning various activities including 'organising elephant race'. To correctly ascertain which aspect is promoted by this, we need to evaluate the options provided: 

  • Events: Organising a race, such as an elephant race, is a type of event. Events are activities that involve gathering people to observe, participate, or celebrate, making 'events' the most fitting category.
  • Experience: While an event can provide an experience, the primary focus of this activity is its organization as an event.
  • Place: This option does not fit, as 'place' refers to a physical or geographical location, which is irrelevant in this context.
  • Idea: An idea encompasses concepts or plans, which is too abstract for the specific action of organising a race.

Thus, 'organising elephant race' primarily markets the aspect of Events, as it is an organized occurrence intended for public engagement.

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Approach Solution -2

Organizing an elephant race is classified as an event because it involves creating a planned public or private activity. Events typically require coordination, scheduling, and resources to ensure that participants and attendees have a successful experience. This could include logistics, marketing, and managing the audience, making it a structured and organized activity that aims to entertain, inform, or celebrate something specific.

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Question: 4

Which aspect has been marketed by spreading information about family planning?

Updated On: June 02, 2025
  • Idea
  • Experience
  • Events
  • Service
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The Correct Option is A

Approach Solution - 1

To determine which aspect has been marketed by spreading information about family planning, we need to understand the nature of family planning campaigns. Family planning emphasis is typically on disseminating knowledge and awareness to help people make informed decisions. Such campaigns aim at influencing people's behavior and decisions with respect to their family sizes and health choices, manifesting as a broad concept or belief. Analyzing the options: 

  • Idea: This fits as spreading information about family planning revolves around the dissemination of concepts and ideas regarding health, well-being, and population control.
  • Experience: This is more personal and subjective, typically involving direct encounters or participation, whereas family planning information is disseminated broadly without requiring such personal involvement initially.
  • Events: Events are singular occurrences or gatherings. While events may be used to market ideas, the primary focus is the idea itself in this context.
  • Service: Services entail doing something for others, like counseling or medical assistance, but spreading family planning is more about educating and informing.

Thus, the best fit from the given options, considering the dissemination of family planning, is Idea.

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Approach Solution -2

Spreading information about family planning is classified as marketing an idea, which refers to promoting a concept or a message aimed at influencing people’s beliefs or behaviors. Unlike tangible products or services, marketing ideas focuses on changing attitudes, raising awareness, or encouraging people to adopt certain practices or views, as seen with social campaigns on health, education, or environmental issues.

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Question: 5

Which aspect has been marketed by organising a mountaineering trek?

Updated On: June 02, 2025
  • Experience
  • Events
  • Ideas
  • Information
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The Correct Option is A

Approach Solution - 1

To determine which aspect has been marketed by organizing a mountaineering trek, we need to understand what each option signifies and how it relates to the activity in question. 

1. Experience: Refers to a particular incident that a person lives through. In the case of a mountaineering trek, participants undergo a physical, mental, and sometimes emotional journey through challenging environments, gaining unique memories and skills.

2. Events: Typically a planned occasion or activity, like a concert or festival. Although a trek might be organized as an event, the focus is more on the personal journey rather than the occasion itself.

3. Ideas: These represent abstract concepts or beliefs. A mountaineering trek does not typically convey an idea, but rather facilitates a personal experience.

4. Information: Entails data or knowledge shared. While information might be provided during a trek, the trek itself is not about distributing information.

Conclusively, organizing a mountaineering trek is most aligned with marketing an Experience, as it enables participants to engage in a unique and memorable outdoor adventure.

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Approach Solution -2

Organizing a mountaineering trek is considered as marketing an experience, where the focus is on providing an adventurous and memorable activity rather than a tangible product. This type of marketing emphasizes creating emotional and sensory experiences for participants, aiming to offer them a unique and impactful journey, rather than just selling a physical product or service.

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