It Is Believed That India

question 9

Multiple Choice

It is believed that India

• A) was always part of the Asian landmass.
• B) rose from the Tethys Sea.
• C) was once separated from Asia and later migrated to its present position.
• D) is moving away from the Asian landmass.

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Definitions:

Margin Reduction

The decrease in the difference between the cost to produce a good or service and its selling price, often aiming to increase market competitiveness.

Backup Source

An alternative supplier or system used to ensure continuity in case the primary source fails or is unavailable.

Production Capacity

The maximum output that a manufacturing facility can produce under normal conditions, determined by available resources and constraints.

Overbooking Decision

A strategic choice made by companies, especially in hospitality and transportation, to sell more units than are available, based on anticipated cancellations.