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Business Data Management End Term: 13 April 2025 (January 2025 term)

Question 1

+1 markOne correct option

What does the law of demand state?

  1. A

    As the price of a good increases, the quantity demanded decreases

  2. B

    As the price of a good decreases, the quantity demanded decreases

  3. C

    As the price of a good increases, the quantity supplied decreases

  4. D

    As the price of a good decreases, the quantity supplied increases

Also asked in Quiz 1 15 Mar 2026

Question 2

+1 markOne correct option

Which function would you use to count the number of cells that meet a specific condition?

  1. A

    COUNT

  2. B

    COUNTA

  3. C

    COUNTIF

  4. D

    COUNTSUM

Question 3

+1 markOne correct option

In a saturated smartphone market where 70% of current users express interest in upgrading their phones in the next two months, and the no. of new smartphone users remain unchanged, what should companies/manufacturers prioritize?

  1. A

    Expand distribution channels to reach untapped geographic regions.

  2. B

    Focus on females as their target customers.

  3. C

    Invest in research and development to create innovative features for new customers.

  4. D

    Develop targeted upgrade incentives and promotions for current users looking to replace their old devices

21 more questions in this paper

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More on the BDM End Term 13 Apr 2025 paper

The IIT Madras BS Business Data Management (BDM) End Term paper sat on 13 Apr 2025, in the January 2025 term: 24 questions for 30 marks in 180 minutes. The first 3 questions are below. Sign in with Google — it is free — to see the whole paper with its answers and explanations, in learning mode or as a timed mock test.

FeatureBDM End Term 13 Apr 2025 at a glance
TermJanuary 2025 term
SubjectBusiness Data Management
Course codeBSMS2001
Questions24
Marks30
Duration180 min
MCQ18
MSQ2
Numerical4
Official paperIIT M DIPLOMA FN EXAM QDD1 13 Apr 2025
Negative markingNo negative marking.
Updated

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