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Read the following information and choose the best alternative:
Genius Consul ring is a boutique consulting firm started by Shirish, Balram. Rahman and Xavier, four friends from a premier business school. They committed themselves to abide by two principles: a) not to indulge in anything unethical and b) share earning equally. 
Genius Consulting could not get a significant project till the following year, when they managed a big one after Rahman's father referred their firm to his top management. Convinced of the team's talent following an impressive presentation, the lop management awarded them the project even though six other referred teams made presentations.
The day following the presentation, they met to decide the way forward for the organization.
 
Q. Which of the following choices would be the most appropriate for Genius Consulting?
  • a)
    As this project violates both their principles. Genius consulting should not take up the project.
  • b)
    Due to the violation of thefirstprinciple Genius consulting should not take up this project.
  • c)
    They should take up the project. Further, since Rahman had agreed to equal sharing, he is not entitled to finder's fee.
  • d)
    They should take up the project and as the referral helped them survive, Rahman should be paid tinder's fee.
  • e)
    They should take up the project. But in order not to violate the principles, Rahman can be paid finder's fee this year and an equal amount be deducted from his compensation the next year.
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
Read the following information and choose the best alternative:Genius ...
Since company is formed with a motto of ethics and equal compensation, it should not be disturbed. Compensation, should not change based on who gets the business because tomorrow someone else might get the business or getting business may be a role assigned to one member, while others play equally important but different role. It is not an unethical situation because the project was won on the basis of capability and not because of favour from Rahman‘s father. Hence, C becomes the best option as no one is favoured.
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Most Upvoted Answer
Read the following information and choose the best alternative:Genius ...
It is important for Genius Consulting to uphold their principles while still considering the opportunity presented to them. Here is a detailed explanation of why option 'c' is the most appropriate choice:
- First Principle Violation:
Taking on a project that was secured through a referral, especially from Rahman's father, may seem like a violation of their principles. However, since they are in dire need of a significant project to sustain their business, it may be necessary to make an exception in this case.
- Equal Sharing Commitment:
One of the founding principles of Genius Consulting is to share earnings equally among the partners. As Rahman had agreed to this principle, he should not be entitled to any additional finders fee for securing this project.
Therefore, it is important for Genius Consulting to take up the project to ensure the growth and success of their business. However, in order to maintain their commitment to equal sharing, Rahman should not receive any finders fee for this project. This will ensure that the principles of the organization are upheld while still allowing them to benefit from the opportunity presented to them.
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Directions: Read the following passage and answer the question.Talking to people is a necessity when it comes to business. Most people are fine conversing normally, but when it comes to presenting to a group of investors, all sorts of knots may be tied up. Whether it be presenting a sales pitch to a group of decision makers or presenting your ideas to your team in a meeting, there are some ways to help you get over the presentation anxiety. Nothing can feel more daunting than having a bunch of eyes and ears watching and listening to your every stutter, fumble, and mistake. Part of the pressure and anxiety comes from you fearing what could happen if you failed. Preparation not only helps to make sure you give your presentation the best quality you can, but it also provides you with confidence knowing that your preparations will lead to a better presentation.For preparations, one must know the topic. One won't need to scramble for notes or spend time thinking about the information in your presentation if you have a good grasp of what it entails. To further prepare for this, brainstorm all sorts of questions that might be asked and come up with answers to them. If you plan to have any digital aids in your presentation, know where they are and where you can use them. This is because technology is not always flawless. Perhaps create a physical slideshow or have multiple backups especially if your presentation is heavily reliant on visual information.Lastly, practise. Practise in conditions similar to an actual presentation and do it until you feel comfortable. The truth is, many pay more attention to the information being relayed rather than the presenter. Yes, a good presenter will give a memorable presentation, but keep in mind that you are critiquing your presentation more harshly than anyone else. Slight stumbles might be noticed by only you alone while the audience is the most unaware. There are always going to be people in the audience that will be bored or tired. Instead of focusing on pleasing everyone, focus on giving a great presentation. No matter how important the presentation is, put your efforts and skills before the reaction of the audience. The less you think about how the audience is reacting, the less anxious you will be.Remember, silence is not a jab at you personally. Maybe your point is not as well loved as you thought it would be or your joke was not as well received as you thought it would be. That does not mean your point was terrible or that your joke was unfunny. Not all audiences react in the same manner. Your presentation should flow at a breathable pace. A pause here and there gives the audience enough time to process what you said. In storytelling, pauses work the same way to capture the audience's attention. They create suspense and anticipation, drawing in people's attention, and they provide a brief resting period before moving on to the next talking point. Remember, your performance does not indicate your value as a person. We all have bad days and many people can overlook shortcomings. As said previously, silence is not all that bad. Your presentation does not have to be perfect. In fact, a bad presentation is just another way for you to learn how to improve your next presentation. Sometimes we get stuck on the image of who we used to be. Oftentimes, when we criticise our abilities, it is based off of an older version of us.Q. In the phrase 'This is because technology is not always flawless', what is the author trying to imply?

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When people react to their experiences with particular authorities, those authorities and the organizations or institutions that they represent often benefit if the people involved begin with high levels of commitment to the organization or institution represented by the authorities. First, in his studies of people's attitudes toward political and legal institutions, Tyler found that attitudes after an experience with the institution were strongly affected by prior attitudes. Single experiences influence post experience loyalty but certainly do not overwhelm the relationship between pre-experience and post experience loyalty. Thus, the best predictor of loyalty after an experience is usually loyalty before that experience.Second, people with prior loyalty to the organization or institution judge their dealings with the organization's or institution's authorities to be fairer than do those with less prior loyalty, either because they are more fairly treated or because they interpret equivalent treatment as fairer.Although high levels of prior organizational or institutional commitment are generally beneficial to the organization or institution, under certain conditions high levels of prior commitment may actually sow the seeds of reduced commitment. When previously committed individuals feel that they were treated unfavourably or unfairly during some experience with the organization or institution, they may show an especially sharp decline in commitment. Two studies were designed to test this hypothesis, which, if confirmed, would suggest that organizational or institutional commitment has risks, as well as benefits. At least three psychological models offer predictions of how individuals' reactions may vary as a function of (1) their prior level of commitment and (2) the favorability of the encounter with the organization or institution. Favorability of the encounter is determined by the outcome of the encounter and the fairness or appropriateness of the procedures used to allocate outcomes during the encounter. First, the instrumental prediction is that because people are mainly concerned with receiving desired outcomes from their encounters with organizations, changes in their level of commitment will depend primarily on the favorability of the encounter. Second, the assimilation prediction is that individuals' prior attitudes predispose them to react in a way that is consistent with their prior attitudes.The third prediction, derived from the group-value model of justice, pertains to how people with high prior commitment will react when they feel that they have been treated unfavorably or unfairly during some encounter with the organization or institution. Fair treatment by the other party symbolizes to people that they are being dealt with in a dignified and respectful way, thereby bolstering their sense of self-identity and self worth. However, people will become quite distressed and react quite negatively if they feel that they have been treated unfairly by the other party to the relationship. The group-value model suggests that people value the information they receive that helps them to define themselves and to view themselves favorably. According to the instrumental viewpoint, people are primarily concerned with the more material or tangible resources received from the relationship. Empirical support for the group-value model has implications for a variety of important issues, including the determinants of commitment, satisfaction, organizational citizenship, and rule following. Determinants of procedural fairness include structural or interpersonal factors. For example, structural determinants refer to such things as whether decisions were made by neutral, fact finding authorities who used legitimate decision making criteria. The primary purpose of the study was to examine the interactive effect of individuals (1) commitment to an organization or institution prior to some encounter and (2) perceptions of how fairly they were treated during the encounter, on the change in their level of commitment. A basic assumption of the group-value model is that people generally value their relationships with people, groups, organizations, and institutions and therefore value fair treatment from the other party to the relationship. Specifically, highly committed members should have especially negative reactions to feeling that they were treated unfairly, more so than (1) less-committed group members or (2) highly committed members who felt that they were fairly treated.The prediction that people will react especially negatively when they previously felt highly committed but felt that they were treated unfairly also is consistent with the literature on psychological contracts. Rousseau suggested that, over time, the members of work organizations develop feelings of entitlement, i.e., perceived obligations that their employers have toward them. Those who are highly committed to the organization believe that they are fulfilling their contract obligations. However, if the organization acted unfairly, then highly committed individuals are likely to believe that the organization did not live up to its end of the bargain.For summarizing the passage, which of the following is most appropriate

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Read the following information and choose the best alternative:Genius Consul ring is a boutique consulting firm started by Shirish, Balram. Rahman and Xavier, four friends from a premier business school. They committed themselves to abide by two principles: a) not to indulge in anything unethical and b) share earning equally.Genius Consulting could not get a significant project till the following year, when they managed a big one after Rahman's father referred their firm to his top management. Convinced of the team's talent following an impressive presentation, the lop management awarded them the project even though six other referred teams made presentations.The day following the presentation, they met to decide the way forward for the organization.Q. Which of the following choices would be the most appropriate for Genius Consulting?a)As this project violates both their principles. Genius consulting should not take up the project.b)Due to the violation of thefirstprinciple Genius consulting should not take up this project.c)They should take up the project. Further, since Rahman had agreed to equal sharing, he is not entitled to finder's fee.d)They should take up the project and as the referral helped them survive, Rahman should be paid tinder's fee.e)They should take up the project. But in order not to violate the principles, Rahman can be paid finder's fee this year and an equal amount be deducted from his compensation the next year.Correct answer is option 'C'. Can you explain this answer?
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Read the following information and choose the best alternative:Genius Consul ring is a boutique consulting firm started by Shirish, Balram. Rahman and Xavier, four friends from a premier business school. They committed themselves to abide by two principles: a) not to indulge in anything unethical and b) share earning equally.Genius Consulting could not get a significant project till the following year, when they managed a big one after Rahman's father referred their firm to his top management. Convinced of the team's talent following an impressive presentation, the lop management awarded them the project even though six other referred teams made presentations.The day following the presentation, they met to decide the way forward for the organization.Q. Which of the following choices would be the most appropriate for Genius Consulting?a)As this project violates both their principles. Genius consulting should not take up the project.b)Due to the violation of thefirstprinciple Genius consulting should not take up this project.c)They should take up the project. Further, since Rahman had agreed to equal sharing, he is not entitled to finder's fee.d)They should take up the project and as the referral helped them survive, Rahman should be paid tinder's fee.e)They should take up the project. But in order not to violate the principles, Rahman can be paid finder's fee this year and an equal amount be deducted from his compensation the next year.Correct answer is option 'C'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Read the following information and choose the best alternative:Genius Consul ring is a boutique consulting firm started by Shirish, Balram. Rahman and Xavier, four friends from a premier business school. They committed themselves to abide by two principles: a) not to indulge in anything unethical and b) share earning equally.Genius Consulting could not get a significant project till the following year, when they managed a big one after Rahman's father referred their firm to his top management. Convinced of the team's talent following an impressive presentation, the lop management awarded them the project even though six other referred teams made presentations.The day following the presentation, they met to decide the way forward for the organization.Q. Which of the following choices would be the most appropriate for Genius Consulting?a)As this project violates both their principles. Genius consulting should not take up the project.b)Due to the violation of thefirstprinciple Genius consulting should not take up this project.c)They should take up the project. Further, since Rahman had agreed to equal sharing, he is not entitled to finder's fee.d)They should take up the project and as the referral helped them survive, Rahman should be paid tinder's fee.e)They should take up the project. But in order not to violate the principles, Rahman can be paid finder's fee this year and an equal amount be deducted from his compensation the next year.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following information and choose the best alternative:Genius Consul ring is a boutique consulting firm started by Shirish, Balram. Rahman and Xavier, four friends from a premier business school. They committed themselves to abide by two principles: a) not to indulge in anything unethical and b) share earning equally.Genius Consulting could not get a significant project till the following year, when they managed a big one after Rahman's father referred their firm to his top management. Convinced of the team's talent following an impressive presentation, the lop management awarded them the project even though six other referred teams made presentations.The day following the presentation, they met to decide the way forward for the organization.Q. Which of the following choices would be the most appropriate for Genius Consulting?a)As this project violates both their principles. Genius consulting should not take up the project.b)Due to the violation of thefirstprinciple Genius consulting should not take up this project.c)They should take up the project. Further, since Rahman had agreed to equal sharing, he is not entitled to finder's fee.d)They should take up the project and as the referral helped them survive, Rahman should be paid tinder's fee.e)They should take up the project. But in order not to violate the principles, Rahman can be paid finder's fee this year and an equal amount be deducted from his compensation the next year.Correct answer is option 'C'. Can you explain this answer?.
Solutions for Read the following information and choose the best alternative:Genius Consul ring is a boutique consulting firm started by Shirish, Balram. Rahman and Xavier, four friends from a premier business school. They committed themselves to abide by two principles: a) not to indulge in anything unethical and b) share earning equally.Genius Consulting could not get a significant project till the following year, when they managed a big one after Rahman's father referred their firm to his top management. Convinced of the team's talent following an impressive presentation, the lop management awarded them the project even though six other referred teams made presentations.The day following the presentation, they met to decide the way forward for the organization.Q. Which of the following choices would be the most appropriate for Genius Consulting?a)As this project violates both their principles. Genius consulting should not take up the project.b)Due to the violation of thefirstprinciple Genius consulting should not take up this project.c)They should take up the project. Further, since Rahman had agreed to equal sharing, he is not entitled to finder's fee.d)They should take up the project and as the referral helped them survive, Rahman should be paid tinder's fee.e)They should take up the project. But in order not to violate the principles, Rahman can be paid finder's fee this year and an equal amount be deducted from his compensation the next year.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Read the following information and choose the best alternative:Genius Consul ring is a boutique consulting firm started by Shirish, Balram. Rahman and Xavier, four friends from a premier business school. They committed themselves to abide by two principles: a) not to indulge in anything unethical and b) share earning equally.Genius Consulting could not get a significant project till the following year, when they managed a big one after Rahman's father referred their firm to his top management. Convinced of the team's talent following an impressive presentation, the lop management awarded them the project even though six other referred teams made presentations.The day following the presentation, they met to decide the way forward for the organization.Q. Which of the following choices would be the most appropriate for Genius Consulting?a)As this project violates both their principles. Genius consulting should not take up the project.b)Due to the violation of thefirstprinciple Genius consulting should not take up this project.c)They should take up the project. Further, since Rahman had agreed to equal sharing, he is not entitled to finder's fee.d)They should take up the project and as the referral helped them survive, Rahman should be paid tinder's fee.e)They should take up the project. But in order not to violate the principles, Rahman can be paid finder's fee this year and an equal amount be deducted from his compensation the next year.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the following information and choose the best alternative:Genius Consul ring is a boutique consulting firm started by Shirish, Balram. Rahman and Xavier, four friends from a premier business school. They committed themselves to abide by two principles: a) not to indulge in anything unethical and b) share earning equally.Genius Consulting could not get a significant project till the following year, when they managed a big one after Rahman's father referred their firm to his top management. Convinced of the team's talent following an impressive presentation, the lop management awarded them the project even though six other referred teams made presentations.The day following the presentation, they met to decide the way forward for the organization.Q. Which of the following choices would be the most appropriate for Genius Consulting?a)As this project violates both their principles. Genius consulting should not take up the project.b)Due to the violation of thefirstprinciple Genius consulting should not take up this project.c)They should take up the project. Further, since Rahman had agreed to equal sharing, he is not entitled to finder's fee.d)They should take up the project and as the referral helped them survive, Rahman should be paid tinder's fee.e)They should take up the project. But in order not to violate the principles, Rahman can be paid finder's fee this year and an equal amount be deducted from his compensation the next year.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Read the following information and choose the best alternative:Genius Consul ring is a boutique consulting firm started by Shirish, Balram. Rahman and Xavier, four friends from a premier business school. They committed themselves to abide by two principles: a) not to indulge in anything unethical and b) share earning equally.Genius Consulting could not get a significant project till the following year, when they managed a big one after Rahman's father referred their firm to his top management. Convinced of the team's talent following an impressive presentation, the lop management awarded them the project even though six other referred teams made presentations.The day following the presentation, they met to decide the way forward for the organization.Q. Which of the following choices would be the most appropriate for Genius Consulting?a)As this project violates both their principles. Genius consulting should not take up the project.b)Due to the violation of thefirstprinciple Genius consulting should not take up this project.c)They should take up the project. Further, since Rahman had agreed to equal sharing, he is not entitled to finder's fee.d)They should take up the project and as the referral helped them survive, Rahman should be paid tinder's fee.e)They should take up the project. But in order not to violate the principles, Rahman can be paid finder's fee this year and an equal amount be deducted from his compensation the next year.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Read the following information and choose the best alternative:Genius Consul ring is a boutique consulting firm started by Shirish, Balram. Rahman and Xavier, four friends from a premier business school. They committed themselves to abide by two principles: a) not to indulge in anything unethical and b) share earning equally.Genius Consulting could not get a significant project till the following year, when they managed a big one after Rahman's father referred their firm to his top management. Convinced of the team's talent following an impressive presentation, the lop management awarded them the project even though six other referred teams made presentations.The day following the presentation, they met to decide the way forward for the organization.Q. Which of the following choices would be the most appropriate for Genius Consulting?a)As this project violates both their principles. Genius consulting should not take up the project.b)Due to the violation of thefirstprinciple Genius consulting should not take up this project.c)They should take up the project. Further, since Rahman had agreed to equal sharing, he is not entitled to finder's fee.d)They should take up the project and as the referral helped them survive, Rahman should be paid tinder's fee.e)They should take up the project. But in order not to violate the principles, Rahman can be paid finder's fee this year and an equal amount be deducted from his compensation the next year.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the following information and choose the best alternative:Genius Consul ring is a boutique consulting firm started by Shirish, Balram. Rahman and Xavier, four friends from a premier business school. They committed themselves to abide by two principles: a) not to indulge in anything unethical and b) share earning equally.Genius Consulting could not get a significant project till the following year, when they managed a big one after Rahman's father referred their firm to his top management. Convinced of the team's talent following an impressive presentation, the lop management awarded them the project even though six other referred teams made presentations.The day following the presentation, they met to decide the way forward for the organization.Q. Which of the following choices would be the most appropriate for Genius Consulting?a)As this project violates both their principles. Genius consulting should not take up the project.b)Due to the violation of thefirstprinciple Genius consulting should not take up this project.c)They should take up the project. Further, since Rahman had agreed to equal sharing, he is not entitled to finder's fee.d)They should take up the project and as the referral helped them survive, Rahman should be paid tinder's fee.e)They should take up the project. But in order not to violate the principles, Rahman can be paid finder's fee this year and an equal amount be deducted from his compensation the next year.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CAT tests.
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