Hey, if I purchase the TIME AIMCAT series from my previous TIME 2019 enrollment card, like showing them that I was a previous time student, will they register me with the same centre or I will get an option to change it? I have changed my city and do not wish to enroll with that same awful centre.
Any good online certifications out there to be done before the pre-MBA journey?
As a fresher, I would love to seek some advice from my seniors on how to utilise these 2 months? TIA.
For those who are waitlisted for IIM U across categories, please fill the below form for speeding up the wl movement of IIM U. https://docs.google.com/forms/d/1KC7np8zkudmqW39-GOOlThU2CYUBqK7yh_g3nS5nyFM/edit
Which computer opreating system is preferred in b-school and further corporate world?
- MacOS
- Windows
- Poll Check
0 voters
does anyone has sbi loan details ??
Logical Reasoning Solved CAT Set with detailed explanationĀ
Video prepared by CAT Topper!!
Interested in Finance.
- IIM- Kashipur
- IIM- Vizag
0 voters
Hello people of PG,
I would like to borrow your brains for a moment. I have some money saved up(>10 L) and I would be going to a B-school this year.
I am in a dilemma if I want to invest that money or use it for my fee and take a loan of lesser amount. Please provide your views.Ā
Also, if investment is your suggestion, do tell me where to invest. Thanks in advance.
For discount on SIMCAT testseries I edited and forwarded the IIM call mail of my friend to IMS, but when I went and checked the sent mail the entire email thread was visible(iim->friend->me->ims). Will IMS block me?
Does IIMs have any spot rounds?
Does this matter? š¤£š¤£š¤£
Can large waitlist movements be expected for FMS given little movement that has taken place at C and K?
I don't know what is happening. I have been observing the trend. The waitlists are not moving as they should have. By when do you think the clouds of uncertainty will clear.
- 1st july
- Cat 2020 it is
- 15 june
0 voters
Ā
How to prepare for CAT Verbal Section without Coaching !! How to get 95%+ in Verbal Section with self study!!Video Link: https://www.youtube.com/watch?v=DCHAi91rocE
Duniya m IMS k naye dashboard jitni tatti chiz nai dekhi!š¤¦āāļøš¤¦āāļø
Hold fast to dreams,
How bad will the summer placement scenario at New IIMs be this year?
If anyone wants to share their IIM call letter and score card so that I can avail discount on test series please DM. Your help will be much appreciated.
RC Practice - 11th June 2020
Many people complain about corporations, but there are also those whose criticism goes further and who hold corporations morally to blame for many of the problems in Western society. Their criticism is not reserved solely for fraudulent or illegal business activities, but extends to the basic corporate practice of making decisions based on what will maximize profits without regard to whether such decisions will contribute to the public good. Others, mainly economists, have responded that this criticism is flawed because it inappropriately applies ethical principles to economic relationships.
It is only by extension that we attribute the quality of morality to corporations, for corporations are not persons. Corporate responsibility is an aggregation of the responsibilities of those persons employed by the corporation when they act in and on behalf of the corporation. Some corporations are owner operated, but in many corporations and in most larger ones there is a syndicate of owners to whom the chief executive officer, or CEO, who runs the corporation is said to have a fiduciary obligation.
The economists argue that a CEOās sole responsibility is to the owners, whose primary interest, except in charitable institutions, is the protection of their profits. CEOs are bound, as a condition of their employment, to seek a profit for the owners. But suppose a noncharitable organization is owner operated, or, for some other reason, its CEO is not obligated to maximize profits. The economistsā view is that even if such a CEOās purpose is to look to the public good and nothing else, the CEO should still work to maximize profits, because that will turn out best for the public anyway.
But the economistsā position does not hold up (to continue in the same condition without failing or losing effectiveness or force āyou seem to be holding up under the strainā) under careful scrutiny. For one thing, although there are, no doubt, strong underlying dynamics in national and international economies that tend to make the pursuit of corporate interest contribute to the public good, there is no guaranteeāeither theoretically or in practiceāthat a given CEO will benefit the public by maximizing corporate profit. It is absurd to deny the possibility, say, of a paper mill legally maximizing its profits over a five-year period by decimating a forest for its wood or polluting a lake with its industrial waste. Furthermore, while obligations such as those of corporate CEOs to corporate owners are binding in a business or legal sense, they are not morally paramount. The CEO could make a case to the owners that certain profitable courses of action should not be taken because they are likely to detract (to diminish the importance, value, or effectiveness of something; often used with from) from the public good. The economic consequences that may befall the CEO for doing so, such as penalty or dismissal, ultimately do not excuse the individual from the responsibility for acting morally.
1. Which one of the following most accurately states the main point of the passage?
(A) Although CEOs may be legally obligated to maximize their corporationsā profits, this obligation does not free them from the moral responsibility of considering the implications of the corporationsā actions for the public good.
(B) Although morality is not easily ascribed to nonhuman entities, corporations can be said to have an obligation to act morally in the sense that they are made up of individuals who must act morally.
(C) Although economists argue that maximizing a corporationās profits is likely to turn out best for the public, a CEOās true obligations is still to seek a profit for the corporationās owners.
(D) Although some people criticize corporations for making unethical decisions, economists argue that such criticisms are unfounded because ethical considerations cannot be applied to economics.
2. The discussion of the paper mill in the last paragraph is intended primarily to
(A) offer an actual case of unethical corporate behavior
(B) refute the contention that maximization of profits necessarily benefits the public
(C) illustrate that ethical restrictions on corporations would be difficult to enforce
(D) demonstrate that corporations are responsible for many social ills.
3. With which one of the following would the economists mentioned in the passage be most likely to agree?
(A) Even CEOs of charitable organizations are obligated to maximize profits.
(B) CEOs of owner-operated noncharitable corporations should make decisions based primarily on maximizing profits.
(C) Owner-operated noncharitable corporations are less likely to be profitable than other corporations.
(D) It is highly unlikely that the actions of any particular CEO will benefit the public.
4. The conception of morality that underlies the authorās argument in the passage is best expressed by which one of the following principles?
(A) What makes actions morally right is their contribution to the public good.
(B) An action is morally right if it carries the risk of personal penalty.
(C) Actions are morally right if they are not fraudulent or illegal.
(D) It is morally wrong to try to maximize oneās personal benefit
5. The primary purpose of the passage is to
(A) illustrate a paradox
(B) argue for legal reform
(C) refute a claim
(D) explain a decision
NIRF while ranking colleges: