Questions

It is a Postbox or a Mailbox which contains thousands of letters or mails or messages.

Skimming is the removal of any material or particles that are floating on the surface. Hence, Removal of oil and grease from sewage - waste water is called as skimming.

The Buddh International Circuit, an Indian motor racing circuit, is located in Greater Noida.

The Vijaya Stambha is an imposing victory monument located within Chittor Fort in Chittorgarh, Rajasthan, India. The tower was constructed by the Mewar king, Rana Kumbha, in 1448 to commemorate his victory over the combined armies of Malwa and Gujarat led by Mahmud Khilji.

In the light of competition, it may be seen that competitors may initiate price changes. If the cutting off on prices does not affect the company, then the current pricing strategy itself can be continued to maintain the profitability of the company. However if the price change on one firm is affecting the other, then it can:

a.reduce the product price at par with competitors’ price or below competitors’ price

or

b. Provide added advantage to the existing product like better quality, or ‘a buy one get one free’ offer.

or

c.Provide better quality of the product at a higher price thereby not being at par with the competitors.