Question

Match List I with List II;

List I	List II
(A) Manager	(1) Value addition
(B) Retailer	(II) Gets the work done
(C) Entrepreneur	(III) Works on existing business model
(D) Business Man	(IV) Calculate risk taking

Choose the correct answer from the options given below:

• A. (A)-(II), (B)-(I), (C)-(IV), (D)-(III)
• B. (A)-(1), (B)-(II), (C)-(IV), (D)-(III)
• C. (A)-(II), (B)-(IV), (C)-(III), (D)-(1)
• D. (A)-(I), (B)-(II), (C)-(III), (D)-(IV)

Answer 1

The Correct Option is A

To solve the given question, we need to match each entity from List I with the correct characteristic or function from List II based on common roles and definitions.

1. Manager: Typically associated with organizing tasks and ensuring that objectives are met within an organization. A manager’s primary role is to facilitate the completion of tasks by getting the work done through others. Therefore, the appropriate match from List II is (II) Gets the work done.
2. Retailer: Generally involves selling products directly to consumers. Retailers often add value to products by making them available conveniently to end consumers. Hence, the best match for a retailer is (1) Value addition.
3. Entrepreneur: Known for innovation and taking calculated risks in new ventures. An entrepreneur typically undertakes the risk of a business seeking new opportunities. Thus, the characteristic (IV) Calculate risk taking aligns with an entrepreneur.
4. Business Man: This role typically involves running a business based on existing methods or models. The focus here is on maximizing profits from established business practices. Therefore, the correct match is (III) Works on existing business model.

Based on these associations, the correct matching of List I with List II is:

• (A) Manager - (II) Gets the work done
• (B) Retailer - (1) Value addition
• (C) Entrepreneur - (IV) Calculate risk taking
• (D) Business Man - (III) Works on existing business model

Therefore, the correct answer is (A)-(II), (B)-(I), (C)-(IV), (D)-(III).