Question 5.
The board of trustees of the school is concerned about the current financial situation and has called Biswas for a meeting. The trustees have thought of the following actions, as listed below, to improve the school finances immediately:
P. Appeal to the local industrialists to donate to the school
Q. Withhold 20% of teachers' salary till the situation improves
R. Ask parents to pay up within a week or show a proof of financial distress
S. Stop online classes for a week to signal the desperate financial crunch
T. Start an extra section in every class and offer admission to whoever is willing to pay fees
Biswas is tasked to find the most feasible way of alleviating the financial crunch immediately.
Which of the following combinations of the above-listed actions, in a DECREASING order of preference, will BEST help Biswas in achieving his goal?
P. Appeal to the local industrialists to donate to the school
Q. Withhold 20% of teachers' salary till the situation improves
R. Ask parents to pay up within a week or show a proof of financial distress
S. Stop online classes for a week to signal the desperate financial crunch
T. Start an extra section in every class and offer admission to whoever is willing to pay fees
Biswas is tasked to find the most feasible way of alleviating the financial crunch immediately.
Which of the following combinations of the above-listed actions, in a DECREASING order of preference, will BEST help Biswas in achieving his goal?
A
PRSQT
B
TSRPQ
C
QRSPT
D
PSTRQ
Question Explanation
Text ExplanationVideo Explanation
As the school is facing an immediate cash crunch, it should cut down on expenses and try to bolster the cash receivable. It should take all steps that are in their hands - asking others for money will take time and would not be entirely in their hands. So the first 2 steps should be Q and R as it would help the immediate situation. Moreover, R alone will not be effective. It needs to couple the threat with S to highlight the seriousness of the situation.
Step P would be helpful, but getting grants during financial crises is unlikely and would take a lot of time. Similarly, filling a new section to get money is unlikely to work when school is online and people are struggling. Hence, P and T should be last in priority as they are unlikely to work.
Step P would be helpful, but getting grants during financial crises is unlikely and would take a lot of time. Similarly, filling a new section to get money is unlikely to work when school is online and people are struggling. Hence, P and T should be last in priority as they are unlikely to work.
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