Directions: Read the following passage carefully and answer the questions given below it. Certain words/phrases are given in bold to help you locate them while answering some of the questions.

Core competencies and focus are now the mantras of corporate strategists in Western economies. But while managers in the West have dismantled many conglomerates assembled in the 1960s and 1970s, the large, diversified business group remains the dominant form of enterprise throughout most emerging markets. Some groups operate as holding companies with full ownership in many enterprises, others are collections of publicly traded companies, but all have some degree of central control.

As emerging markets open up to global competition, consultants and foreign investors are increasingly pressuring these groups to conform to Western practice by scaling back the scope of their business activities. The conglomerate is the dinosaur of organizational design, they argue, too unwieldy and slow to compete in today's fast-paced markets. Already a number of executives have decided to break up their groups in order to show that they are focusing on only a few core businesses. 

There are reasons to worry about this trend. Focus is good advice in New York or London, but something important gets lost in translation when that advice is given to groups in emerging markets. Western companies take for granted a range of institutions that support their business activities, but many of these institutions are absent in other regions of the world. Without effective securities regulation and venture capital firms, for example, focused companies may be unable to raise adequate financing; and without strong educational institutions, they will struggle to hire skilled employees.

Communicating with customers is difficult when the local infrastructure is poor, and unpredictable government behavior can stymie any operation, although a focused strategy may enable a company to perform a few activities well, companies in emerging markets must take responsibility for a wide range of functions in order to do business effectively. 

In the case of product markets, buyers and sellers usually suffer from a severe dearth of information for three reasons. First, the communications infrastructure in emerging markets is often under-developed. Even as wireless communication spreads throughout the West, vast stretches in countries such as China and India remain without telephones. Power shortages often render the modes of communication that do exist ineffective. The postal service is typically inefficient, slow, or unreliable; and the private sector rarely provides efficient courier services. High rates of illiteracy make it difficult for marketers to communicate effectively with customers. 

Second, even when information about products does get around, there are no mechanisms to corroborate the claims made by sellers. Independent consumer - information organizations are rare, and government watchdog agencies are of little use. The few analysts who rate products are generally less sophisticated than their counterparts in advanced economies. 

Third, consumers have no redress mechanisms if a product does not deliver on its promise. Law enforcement is often capricious and so slow that few who assign any value to time would resort to it. Unlike in advanced markets, there are few extrajudicial arbitration mechanisms to which one can appeal. 

As a result of this lack of information, companies in emerging markets face much higher costs in building credible brands than their counterparts in advanced economies. In turn, established brands wield tremendous power. A conglomerate with a reputation for quality products and services can use its group name to enter new businesses, even if those businesses are completely unrelated to its current lines. Groups also have an advantage when they do try to build up a brand because they can spread the cost of maintaining it across multiple lines of business. Such groups then have a greater incentive not to damage brand quality in anyone business because they will pay the price in their other businesses as well.

Which of the following sentence(s) is/are correct in the context of the given passage?
I. Consultants and foreign investors argue that the conglomerate is the dinosaur of organisational design too unwieldly and slow to compete in today's fast-paced markets  
II. Core competencies and focus are now the mantras of corporate strategists in western economies.
III. Due to lack of information required, companies in emerging markets face much higher costs in building credible brands in comparison to their counterparts in advanced economies. 

Directions: Read the following passage carefully and answer the questions given below it. Certain words are printed in bold to help you locate them while answering some of the questions.
We have witnessed several disasters in recent times, some natural others man made. The frequency of such calamities has injured us and deadened our collective sensitivity, but that does not reduce the enormity of the - personal tragedy of each victim's family and community. The economic loss is only secondary to the human suffering, but is also substantial. The Government whether State or Central has standardised its response. This consists of reacting late, blaming others, visits by VIPs announcing a relief package including compensation for those affected and then forgetting all about it. There seems to be little attempt at drawing lessons from each disaster, storing the knowledge for future use , long term planning for possible pre - emptive action. Prepared ness for disasters thus falls short of what is possible using today ' s technologies.

Floods in many parts of India like the states of Bihar and Assam area yearly phenomenon. Yet the government seems to be caught by surprise year after year. It is obvious that tarpaulins, vaccines, medicines, clothes, satellite phones, large numbers of doctors and paramedical staff etc. will be needed as will boats and buses for evacuation. This is known to all those who have combated emergencies yet the non - availability of these essential services and commodities occurs. Worse the organizational structure and mechanisms for dealing with disasters are lethargic and ill defined. The National Disaster Management Agency, set up a short time ago being a central government agency has limitations relating to infringing the jurisdiction of states. It could have aggregated and disseminated experiences and knowledge, stocked many of the essential items required in an emergency or worked with agencies to ensure sufficient stocks, but hasn’t.

While the reaction to major disasters is dismal, the response to emergencies like accident is equally sad. Victim lie unattended since passersby are wary of getting caught in a labyrinthine of police and legal systems. The resulting delay in treatment con verts injuries into deaths. Of late, unique and free service to provide assistance in emergency cases is operational. Emergency Management and Research Institute (EMRI) is a professionally managed operation - initiated by the vision and grant from Ramalinga Raju. The service , which is a successful example of public private partnership likely to become operational in a few states in the near future . Given the sad failure of conventional government organisations in handling disaster, it is time we looked at the PPP model as an alternative without the government seeking in any way to abdicate its responsibility. While the state provides the funding, private organizations will provide the drive, professionalism, competent management and output linked efficiency of a good corporate organization. Combining the sensitivity and purpose of an NGO with private entrepreneurial drive to handle disasters together is thus a worthwhile challenge for both corporates and the government .

Directions : Choose the word which is most OPPOSITE in meaning  to the word printed in bold as given in the passage.
Dismal

Directions: Read the following passage carefully and answer the questions given below it. Certain words are printed in bold to help you locate them while answering some of the questions.
We have witnessed several disasters in recent times, some natural others man made. The frequency of such calamities has injured us and deadened our collective sensitivity, but that does not reduce the enormity of the - personal tragedy of each victim's family and community. The economic loss is only secondary to the human suffering, but is also substantial. The Government whether State or Central has standardised its response. This consists of reacting late, blaming others, visits by VIPs announcing a relief package including compensation for those affected and then forgetting all about it. There seems to be little attempt at drawing lessons from each disaster, storing the knowledge for future use , long term planning for possible pre - emptive action. Prepared ness for disasters thus falls short of what is possible using today ' s technologies.

Floods in many parts of India like the states of Bihar and Assam area yearly phenomenon. Yet the government seems to be caught by surprise year after year. It is obvious that tarpaulins, vaccines, medicines, clothes, satellite phones, large numbers of doctors and paramedical staff etc. will be needed as will boats and buses for evacuation. This is known to all those who have combated emergencies yet the non - availability of these essential services and commodities occurs. Worse the organizational structure and mechanisms for dealing with disasters are lethargic and ill defined. The National Disaster Management Agency, set up a short time ago being a central government agency has limitations relating to infringing the jurisdiction of states. It could have aggregated and disseminated experiences and knowledge, stocked many of the essential items required in an emergency or worked with agencies to ensure sufficient stocks, but hasn’t.

While the reaction to major disasters is dismal, the response to emergencies like accident is equally sad. Victim lie unattended since passersby are wary of getting caught in a labyrinthine of police and legal systems. The resulting delay in treatment con verts injuries into deaths. Of late, unique and free service to provide assistance in emergency cases is operational. Emergency Management and Research Institute (EMRI) is a professionally managed operation - initiated by the vision and grant from Ramalinga Raju. The service , which is a successful example of public private partnership likely to become operational in a few states in the near future . Given the sad failure of conventional government organisations in handling disaster, it is time we looked at the PPP model as an alternative without the government seeking in any way to abdicate its responsibility. While the state provides the funding, private organizations will provide the drive, professionalism, competent management and output linked efficiency of a good corporate organization. Combining the sensitivity and purpose of an NGO with private entrepreneurial drive to handle disasters together is thus a worthwhile challenge for both corporates and the government .

Directions: Choose the word which is most OPPOSITE in meaning to the word printed in bold as given in the passage.
Lethargic 

Directions: Read the following passage carefully and answer the questions given below it. Certain words are printed in bold to help you locate them while answering some of the questions.
We have witnessed several disasters in recent times, some natural others man made. The frequency of such calamities has injured us and deadened our collective sensitivity, but that does not reduce the enormity of the - personal tragedy of each victim's family and community. The economic loss is only secondary to the human suffering, but is also substantial. The Government whether State or Central has standardised its response. This consists of reacting late, blaming others, visits by VIPs announcing a relief package including compensation for those affected and then forgetting all about it. There seems to be little attempt at drawing lessons from each disaster, storing the knowledge for future use , long term planning for possible pre - emptive action. Prepared ness for disasters thus falls short of what is possible using today ' s technologies.

Floods in many parts of India like the states of Bihar and Assam area yearly phenomenon. Yet the government seems to be caught by surprise year after year. It is obvious that tarpaulins, vaccines, medicines, clothes, satellite phones, large numbers of doctors and paramedical staff etc. will be needed as will boats and buses for evacuation. This is known to all those who have combated emergencies yet the non - availability of these essential services and commodities occurs. Worse the organizational structure and mechanisms for dealing with disasters are lethargic and ill defined. The National Disaster Management Agency, set up a short time ago being a central government agency has limitations relating to infringing the jurisdiction of states. It could have aggregated and disseminated experiences and knowledge, stocked many of the essential items required in an emergency or worked with agencies to ensure sufficient stocks, but hasn’t.

While the reaction to major disasters is dismal, the response to emergencies like accident is equally sad. Victim lie unattended since passersby are wary of getting caught in a labyrinthine of police and legal systems. The resulting delay in treatment con verts injuries into deaths. Of late, unique and free service to provide assistance in emergency cases is operational. Emergency Management and Research Institute (EMRI) is a professionally managed operation - initiated by the vision and grant from Ramalinga Raju. The service , which is a successful example of public private partnership likely to become operational in a few states in the near future . Given the sad failure of conventional government organisations in handling disaster, it is time we looked at the PPP model as an alternative without the government seeking in any way to abdicate its responsibility. While the state provides the funding, private organizations will provide the drive, professionalism, competent management and output linked efficiency of a good corporate organization. Combining the sensitivity and purpose of an NGO with private entrepreneurial drive to handle disasters together is thus a worthwhile challenge for both corporates and the government .

Choose the word which is MOST similar in meaning to the word printed in bold as used in the passage .
Frequency 

Directions: Read the following passage carefully and answer the questions given below it. Certain words are printed in bold to help you locate them while answering some of the questions.
We have witnessed several disasters in recent times, some natural others man made. The frequency of such calamities has injured us and deadened our collective sensitivity, but that does not reduce the enormity of the - personal tragedy of each victim's family and community. The economic loss is only secondary to the human suffering, but is also substantial. The Government whether State or Central has standardised its response. This consists of reacting late, blaming others, visits by VIPs announcing a relief package including compensation for those affected and then forgetting all about it. There seems to be little attempt at drawing lessons from each disaster, storing the knowledge for future use , long term planning for possible pre - emptive action. Prepared ness for disasters thus falls short of what is possible using today ' s technologies.

Floods in many parts of India like the states of Bihar and Assam area yearly phenomenon. Yet the government seems to be caught by surprise year after year. It is obvious that tarpaulins, vaccines, medicines, clothes, satellite phones, large numbers of doctors and paramedical staff etc. will be needed as will boats and buses for evacuation. This is known to all those who have combated emergencies yet the non - availability of these essential services and commodities occurs. Worse the organizational structure and mechanisms for dealing with disasters are lethargic and ill defined. The National Disaster Management Agency, set up a short time ago being a central government agency has limitations relating to infringing the jurisdiction of states. It could have aggregated and disseminated experiences and knowledge, stocked many of the essential items required in an emergency or worked with agencies to ensure sufficient stocks, but hasn’t.

While the reaction to major disasters is dismal, the response to emergencies like accident is equally sad. Victim lie unattended since passersby are wary of getting caught in a labyrinthine of police and legal systems. The resulting delay in treatment con verts injuries into deaths. Of late, unique and free service to provide assistance in emergency cases is operational. Emergency Management and Research Institute (EMRI) is a professionally managed operation - initiated by the vision and grant from Ramalinga Raju. The service , which is a successful example of public private partnership likely to become operational in a few states in the near future . Given the sad failure of conventional government organisations in handling disaster, it is time we looked at the PPP model as an alternative without the government seeking in any way to abdicate its responsibility. While the state provides the funding, private organizations will provide the drive, professionalism, competent management and output linked efficiency of a good corporate organization. Combining the sensitivity and purpose of an NGO with private entrepreneurial drive to handle disasters together is thus a worthwhile challenge for both corporates and the government .

Why is there a lack of medical care at disaster sites?

Directions: Read the following passage carefully and answer the questions given below it. Certain words are printed in bold to help you locate them while answering some of the questions.
We have witnessed several disasters in recent times, some natural others man made. The frequency of such calamities has injured us and deadened our collective sensitivity, but that does not reduce the enormity of the - personal tragedy of each victim's family and community. The economic loss is only secondary to the human suffering, but is also substantial. The Government whether State or Central has standardised its response. This consists of reacting late, blaming others, visits by VIPs announcing a relief package including compensation for those affected and then forgetting all about it. There seems to be little attempt at drawing lessons from each disaster, storing the knowledge for future use , long term planning for possible pre - emptive action. Prepared ness for disasters thus falls short of what is possible using today ' s technologies.

Floods in many parts of India like the states of Bihar and Assam area yearly phenomenon. Yet the government seems to be caught by surprise year after year. It is obvious that tarpaulins, vaccines, medicines, clothes, satellite phones, large numbers of doctors and paramedical staff etc. will be needed as will boats and buses for evacuation. This is known to all those who have combated emergencies yet the non - availability of these essential services and commodities occurs. Worse the organizational structure and mechanisms for dealing with disasters are lethargic and ill defined. The National Disaster Management Agency, set up a short time ago being a central government agency has limitations relating to infringing the jurisdiction of states. It could have aggregated and disseminated experiences and knowledge, stocked many of the essential items required in an emergency or worked with agencies to ensure sufficient stocks, but hasn’t.

While the reaction to major disasters is dismal, the response to emergencies like accident is equally sad. Victim lie unattended since passersby are wary of getting caught in a labyrinthine of police and legal systems. The resulting delay in treatment con verts injuries into deaths. Of late, unique and free service to provide assistance in emergency cases is operational. Emergency Management and Research Institute (EMRI) is a professionally managed operation - initiated by the vision and grant from Ramalinga Raju. The service , which is a successful example of public private partnership likely to become operational in a few states in the near future . Given the sad failure of conventional government organisations in handling disaster, it is time we looked at the PPP model as an alternative without the government seeking in any way to abdicate its responsibility. While the state provides the funding, private organizations will provide the drive, professionalism, competent management and output linked efficiency of a good corporate organization. Combining the sensitivity and purpose of an NGO with private entrepreneurial drive to handle disasters together is thus a worthwhile challenge for both corporates and the government .

What does the author consider "a worthwhile challenge for both corporates and the government " ?

Directions: Read the following passage carefully and answer the questions given below it. Certain words are printed in bold to help you locate them while answering some of the questions.
We have witnessed several disasters in recent times, some natural others man made. The frequency of such calamities has injured us and deadened our collective sensitivity, but that does not reduce the enormity of the - personal tragedy of each victim's family and community. The economic loss is only secondary to the human suffering, but is also substantial. The Government whether State or Central has standardised its response. This consists of reacting late, blaming others, visits by VIPs announcing a relief package including compensation for those affected and then forgetting all about it. There seems to be little attempt at drawing lessons from each disaster, storing the knowledge for future use , long term planning for possible pre - emptive action. Prepared ness for disasters thus falls short of what is possible using today ' s technologies.

Floods in many parts of India like the states of Bihar and Assam area yearly phenomenon. Yet the government seems to be caught by surprise year after year. It is obvious that tarpaulins, vaccines, medicines, clothes, satellite phones, large numbers of doctors and paramedical staff etc. will be needed as will boats and buses for evacuation. This is known to all those who have combated emergencies yet the non - availability of these essential services and commodities occurs. Worse the organizational structure and mechanisms for dealing with disasters are lethargic and ill defined. The National Disaster Management Agency, set up a short time ago being a central government agency has limitations relating to infringing the jurisdiction of states. It could have aggregated and disseminated experiences and knowledge, stocked many of the essential items required in an emergency or worked with agencies to ensure sufficient stocks, but hasn’t.

While the reaction to major disasters is dismal, the response to emergencies like accident is equally sad. Victim lie unattended since passersby are wary of getting caught in a labyrinthine of police and legal systems. The resulting delay in treatment con verts injuries into deaths. Of late, unique and free service to provide assistance in emergency cases is operational. Emergency Management and Research Institute (EMRI) is a professionally managed operation - initiated by the vision and grant from Ramalinga Raju. The service , which is a successful example of public private partnership likely to become operational in a few states in the near future . Given the sad failure of conventional government organisations in handling disaster, it is time we looked at the PPP model as an alternative without the government seeking in any way to abdicate its responsibility. While the state provides the funding, private organizations will provide the drive, professionalism, competent management and output linked efficiency of a good corporate organization. Combining the sensitivity and purpose of an NGO with private entrepreneurial drive to handle disasters together is thus a worthwhile challenge for both corporates and the government .

According to the passage, which of the following will be the likely impact / s of the public private participation model of disaster management?
(A) Politicians will not be able to interfere with relief efforts.
(B) Aid will be effectively deployed.
(C) Professional approach to disaster management efforts.

Directions: Read the following passage carefully and answer the questions given below it. Certain words are printed in bold to help you locate them while answering some of the questions.
We have witnessed several disasters in recent times, some natural others man made. The frequency of such calamities has injured us and deadened our collective sensitivity, but that does not reduce the enormity of the - personal tragedy of each victim's family and community. The economic loss is only secondary to the human suffering, but is also substantial. The Government whether State or Central has standardised its response. This consists of reacting late, blaming others, visits by VIPs announcing a relief package including compensation for those affected and then forgetting all about it. There seems to be little attempt at drawing lessons from each disaster, storing the knowledge for future use , long term planning for possible pre - emptive action. Prepared ness for disasters thus falls short of what is possible using today ' s technologies.

Floods in many parts of India like the states of Bihar and Assam area yearly phenomenon. Yet the government seems to be caught by surprise year after year. It is obvious that tarpaulins, vaccines, medicines, clothes, satellite phones, large numbers of doctors and paramedical staff etc. will be needed as will boats and buses for evacuation. This is known to all those who have combated emergencies yet the non - availability of these essential services and commodities occurs. Worse the organizational structure and mechanisms for dealing with disasters are lethargic and ill defined. The National Disaster Management Agency, set up a short time ago being a central government agency has limitations relating to infringing the jurisdiction of states. It could have aggregated and disseminated experiences and knowledge, stocked many of the essential items required in an emergency or worked with agencies to ensure sufficient stocks, but hasn’t.

While the reaction to major disasters is dismal, the response to emergencies like accident is equally sad. Victim lie unattended since passersby are wary of getting caught in a labyrinthine of police and legal systems. The resulting delay in treatment con verts injuries into deaths. Of late, unique and free service to provide assistance in emergency cases is operational. Emergency Management and Research Institute (EMRI) is a professionally managed operation - initiated by the vision and grant from Ramalinga Raju. The service , which is a successful example of public private partnership likely to become operational in a few states in the near future . Given the sad failure of conventional government organisations in handling disaster, it is time we looked at the PPP model as an alternative without the government seeking in any way to abdicate its responsibility. While the state provides the funding, private organizations will provide the drive, professionalism, competent management and output linked efficiency of a good corporate organization. Combining the sensitivity and purpose of an NGO with private entrepreneurial drive to handle disasters together is thus a worthwhile challenge for both corporates and the government .

What is the author's view on the government 's current reaction to natural disasters?