Question

Match List I with List II:

List I	List II
(A) Plant and Machinery Records	(1) Design thinking
(B) Profit Statements	(II) Technical feasibility
(C) Creativity and Innovation	(III) Financial feasibility
(D) Empathize	(IV) Business ideation

Choose the correct answer from the options given below:

• A. (A)-(1), (B)-(II), (C)-(III), (D)-(IV)
• B. (A)-(II), (B)-(III), (C)-(IV), (D)-(I)
• C. (A)-(IV), (B)-(I), (C)-(II), (D)-(III)
• D. (A)-(II), (B)-(IV), (C)-(III), (D)-(I)

Answer 1

The Correct Option is B

To solve this matching problem, we first need to understand the significance of each term in List I and match it with the appropriate term in List II based on their relationships or definitions. 

1. Plant and Machinery Records: This involves tracking the assets related to plant and machinery, often related to the technical aspects of business operations. The term that matches this description in List II is "Technical feasibility", as these records are crucial for assessing the technical viability of operations.
2. Profit Statements: These are financial documents that detail the earnings of a business, commonly used to analyze the financial health and feasibility of the business. Thus, the correct match here is "Financial feasibility".
3. Creativity and Innovation: This entails generating new ideas and concepts, usually in the context of business ideation and development. Therefore, it aligns with "Business ideation".
4. Empathize: This is a step in the design thinking process where understanding and empathy towards users and stakeholders is cultivated. Hence, it should be matched with "Design thinking".

Therefore, the correct matching of List I with List II is:

• (A)-(II)
• (B)-(III)
• (C)-(IV)
• (D)-(I)

This matches the correct answer:

(A)-(II), (B)-(III), (C)-(IV), (D)-(I)