XAT 2019 Question Paper | Business Decision Making

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Question 21 : Mr. Murugan from Chennai experienced the comfort of Limo during his visit to China. He was willing to deposit an approximate price of Limo to buy the first available unit from Mr. Ahmed, a dealer in Chennai. Electro Automobile is yet to announce the actual price, and the process for allocation of the vehicles. Which of the following is the best option for Ahmed?

1. Collect 50% of the entire amount Mr. Murugan is willing to deposit as advance and the remaining at the time of launch.
2. Collect the entire amount Mr. Murugan is willing to deposit after clarifying that delivery and price is subject to the company policy.
3. Collect the amount and transfer it to the account of Electro Automobiles, instead of keeping it in his personal account.
4. Collect the amount from Mr. Murugan. Later when the delivery is delayed, blame it on RAC’s problems.
5. Not collect the amount, but suggest to Mr. Murugan to write to Electro Automobiles.

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Video Explanation

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Explanatory Answer

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Choice B is the correct answer.

 

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