Indian Railways Enjoys a Monopoly in the Country with Regard

question 19

Multiple Choice

Indian Railways enjoys a monopoly in the country with regard to rail transportation as there is no other player in this segment.Based on this,it can be concluded that Indian Railways enjoys a fairly simpler ________ environment as compared to the numerous road transport service providers in the country.

• A) geographic
• B) technology
• C) competitor
• D) supplier

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Definitions:

Feasibility Study

Investigation that gauges the probability of success of a proposed project and provides a rough assessment of the project’s feasibility.

Business Problem

An issue or obstacle that prevents a company from achieving its objectives, often requiring strategic decision-making to resolve.

Users

Individuals or entities that use software, services, or systems for specific purposes.

Functional Areas

Specific sectors or departments within an organization, each focusing on particular tasks, responsibilities, and expertise to achieve business objectives.