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Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.
Statement:
‘ Profitability is a necessary condition for existence and a means to more important ends, but it is not the end in itself for many of the visionary companies. Profit is like oxygen, food, water and blood for the body; they are not the point of life, but without them, there is no life.’ – Built to Last (Book).
Assumptions: 
I. Profitability is absolutely essential for the existence of even visionary companies.
II. One cannot be a visionary company if their main motive is profitability.
  • a)
    If only assumption I is implicit 
  • b)
    If only assumption II is implicit
  • c)
    If either I or II is implicit 
  • d)
    If neither I nor II is implicit 
  • e)
    If both I and II are implicit
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Directions: In this question below is given a statement followed by tw...
Only I is a valid assumption primarily because of two reasons. First, the author tacitly states the same in the first line ‘Profitability is a necessary condition for existence . . .’. Second, since the author has compared profitability to oxygen, food, water and blood, his clear assumption is that it is extremely essential for the existence of visionary companies. II however is not an assumption of the statement since it clearly states ‘. . . but not an end in itself for many of the visionary companies’.
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Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.Statement:‘ Profitability is a necessary condition for existence and a means to more important ends, but it is not the end in itself for many of the visionary companies. Profit is like oxygen, food, water and blood for the body; they are not the point of life, but without them, there is no life.’ – Built to Last (Book).Assumptions:I. Profitability is absolutely essential for the existence of even visionary companies.II. One cannot be a visionary company if their main motive is profitability.a)If only assumption I is implicitb)If only assumption II is implicitc)If either I or II is implicitd)If neither I nor II is implicite)If both I and II are implicitCorrect answer is option 'A'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.Statement:‘ Profitability is a necessary condition for existence and a means to more important ends, but it is not the end in itself for many of the visionary companies. Profit is like oxygen, food, water and blood for the body; they are not the point of life, but without them, there is no life.’ – Built to Last (Book).Assumptions:I. Profitability is absolutely essential for the existence of even visionary companies.II. One cannot be a visionary company if their main motive is profitability.a)If only assumption I is implicitb)If only assumption II is implicitc)If either I or II is implicitd)If neither I nor II is implicite)If both I and II are implicitCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.Statement:‘ Profitability is a necessary condition for existence and a means to more important ends, but it is not the end in itself for many of the visionary companies. Profit is like oxygen, food, water and blood for the body; they are not the point of life, but without them, there is no life.’ – Built to Last (Book).Assumptions:I. Profitability is absolutely essential for the existence of even visionary companies.II. One cannot be a visionary company if their main motive is profitability.a)If only assumption I is implicitb)If only assumption II is implicitc)If either I or II is implicitd)If neither I nor II is implicite)If both I and II are implicitCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.Statement:‘ Profitability is a necessary condition for existence and a means to more important ends, but it is not the end in itself for many of the visionary companies. Profit is like oxygen, food, water and blood for the body; they are not the point of life, but without them, there is no life.’ – Built to Last (Book).Assumptions:I. Profitability is absolutely essential for the existence of even visionary companies.II. One cannot be a visionary company if their main motive is profitability.a)If only assumption I is implicitb)If only assumption II is implicitc)If either I or II is implicitd)If neither I nor II is implicite)If both I and II are implicitCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning of Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.Statement:‘ Profitability is a necessary condition for existence and a means to more important ends, but it is not the end in itself for many of the visionary companies. Profit is like oxygen, food, water and blood for the body; they are not the point of life, but without them, there is no life.’ – Built to Last (Book).Assumptions:I. Profitability is absolutely essential for the existence of even visionary companies.II. One cannot be a visionary company if their main motive is profitability.a)If only assumption I is implicitb)If only assumption II is implicitc)If either I or II is implicitd)If neither I nor II is implicite)If both I and II are implicitCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.Statement:‘ Profitability is a necessary condition for existence and a means to more important ends, but it is not the end in itself for many of the visionary companies. Profit is like oxygen, food, water and blood for the body; they are not the point of life, but without them, there is no life.’ – Built to Last (Book).Assumptions:I. Profitability is absolutely essential for the existence of even visionary companies.II. One cannot be a visionary company if their main motive is profitability.a)If only assumption I is implicitb)If only assumption II is implicitc)If either I or II is implicitd)If neither I nor II is implicite)If both I and II are implicitCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.Statement:‘ Profitability is a necessary condition for existence and a means to more important ends, but it is not the end in itself for many of the visionary companies. Profit is like oxygen, food, water and blood for the body; they are not the point of life, but without them, there is no life.’ – Built to Last (Book).Assumptions:I. Profitability is absolutely essential for the existence of even visionary companies.II. One cannot be a visionary company if their main motive is profitability.a)If only assumption I is implicitb)If only assumption II is implicitc)If either I or II is implicitd)If neither I nor II is implicite)If both I and II are implicitCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.Statement:‘ Profitability is a necessary condition for existence and a means to more important ends, but it is not the end in itself for many of the visionary companies. Profit is like oxygen, food, water and blood for the body; they are not the point of life, but without them, there is no life.’ – Built to Last (Book).Assumptions:I. Profitability is absolutely essential for the existence of even visionary companies.II. One cannot be a visionary company if their main motive is profitability.a)If only assumption I is implicitb)If only assumption II is implicitc)If either I or II is implicitd)If neither I nor II is implicite)If both I and II are implicitCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: In this question below is given a statement followed by two assumptions numbered I and II. Consider the statement and decide which of the given assumptions is implicit.Statement:‘ Profitability is a necessary condition for existence and a means to more important ends, but it is not the end in itself for many of the visionary companies. Profit is like oxygen, food, water and blood for the body; they are not the point of life, but without them, there is no life.’ – Built to Last (Book).Assumptions:I. Profitability is absolutely essential for the existence of even visionary companies.II. One cannot be a visionary company if their main motive is profitability.a)If only assumption I is implicitb)If only assumption II is implicitc)If either I or II is implicitd)If neither I nor II is implicite)If both I and II are implicitCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CLAT tests.
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