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Directions : Read the following case and answer the questions that follow:
Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.
Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.
As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.
Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".
As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.
What should Ram do?
  • a)
    Follow Laxman's instructions and keep quiet about it.
  • b)
    Go back to Laxman's office and strongly oppose the decision of Shweta auditing her own work.
  • c)
    Talk to Shweta and ask her to carry out the audit in a fair way
  • d)
    Talk to Laxman's superior and inform him of the situation
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Directions : Read the following case and answer the questions that fo...
This case is one on an inherent conflict of interest.
A - would mean Ram did nothing which is incorrect.
B – It is important for Ram to mention to Laxman that a person cannot audit their own work. There is a possibility of a conflict of interest that might exist when one evaluates their own work and it was important that an independent person audits the work, atleast in this case.
C - Its best not to inform Shweta to carry it out in a "honest/fair" way. It is unlikely that it will work. It is not that someone believes Shweta will not be fair. The issue revolves more around someone evaluating their own work which will not yield a very unbiased evaluation.
D - Better to have a dialogue with Laxman first before talking to a superior.
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Directions : Read the following case and answer the questions that follow:Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.

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

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

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 unfavorably 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 commitmentwill 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.The hypothesis mentioned in the passage tests at least one of the following ideas.

Each of the questions below contains a paragraph followed by alternative summaries. Choose the option that best captures the essence of the text.Strategy is about choice, which affects outcomes. Organizationscan often do well for periods of time in conditions of relative stability, low environmental turbulence and little competition for resources. Virtually none of these conditions prevail in the modern world for great lengths of time for any organization or sector, public or private. Hence, the rationale for strategic management. The nature of the strategy adopted and implemented emerges from a combination of the structure of the organization, the type of resources available and the nature of the coupling it has with the environment and the strategic objective being pursued. Strategy is adaptable by nature rather than a rigid set of instructions. In some situations it takes the nature of emergent strategy. The simplest explanation of this is the analogy of a sports scenario. If a football team were to organize a plan in which the ball is passed in a particular sequence between specifically positioned players, their success would be dependent on each of those players both being present at the exact location, and remembering exactly when, from whom and to whom the ball is to be passed; moreover that no interruption to the sequence occurs. By comparison, if the team were to simplify this plan to a strategy where the ball is passed in the pattern alone, between any of the team, and at any area on the field, then their vulnerability to variables is greatly reduced, and the opportunity to operate in that manner occurs far more often. This manner is a strategy.1. Strategic management is required for organizations to succeed in a rapidly changing world where there are several parameters affecting success. Strategy is adaptable in nature rather than being rigid.2. Every organization in every sector, whether public or private needs a strategy to overcome situations that arise out of changes in the environment. It is not however easy to identify a common strategy for all organizations.3. The need for strategic management arises because of the variability of the parameters affecting organizations and sectors. The nature of strategy depends on structure, resources and the environment. Strategy is adaptable rather than a rigid set of instructions.4. Strategy differs from one organization to another depending upon the structure of the organization, its goals and relation with the environment. Without a strategy it is not possible to survive in an ever-changing world. Correct answer is '3'. Can you explain this answer?

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Directions : Read the following case and answer the questions that follow:Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.What should Ram do?a)Follow Laxman's instructions and keep quiet about it.b)Go back to Laxman's office and strongly oppose the decision of Shweta auditing her own work.c)Talk to Shweta and ask her to carry out the audit in a fair wayd)Talk to Laxman's superior and inform him of the situationCorrect answer is option 'B'. Can you explain this answer?
Question Description
Directions : Read the following case and answer the questions that follow:Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.What should Ram do?a)Follow Laxman's instructions and keep quiet about it.b)Go back to Laxman's office and strongly oppose the decision of Shweta auditing her own work.c)Talk to Shweta and ask her to carry out the audit in a fair wayd)Talk to Laxman's superior and inform him of the situationCorrect answer is option 'B'. 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 Directions : Read the following case and answer the questions that follow:Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.What should Ram do?a)Follow Laxman's instructions and keep quiet about it.b)Go back to Laxman's office and strongly oppose the decision of Shweta auditing her own work.c)Talk to Shweta and ask her to carry out the audit in a fair wayd)Talk to Laxman's superior and inform him of the situationCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions : Read the following case and answer the questions that follow:Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.What should Ram do?a)Follow Laxman's instructions and keep quiet about it.b)Go back to Laxman's office and strongly oppose the decision of Shweta auditing her own work.c)Talk to Shweta and ask her to carry out the audit in a fair wayd)Talk to Laxman's superior and inform him of the situationCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Directions : Read the following case and answer the questions that follow:Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.What should Ram do?a)Follow Laxman's instructions and keep quiet about it.b)Go back to Laxman's office and strongly oppose the decision of Shweta auditing her own work.c)Talk to Shweta and ask her to carry out the audit in a fair wayd)Talk to Laxman's superior and inform him of the situationCorrect answer is option 'B'. 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 Directions : Read the following case and answer the questions that follow:Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.What should Ram do?a)Follow Laxman's instructions and keep quiet about it.b)Go back to Laxman's office and strongly oppose the decision of Shweta auditing her own work.c)Talk to Shweta and ask her to carry out the audit in a fair wayd)Talk to Laxman's superior and inform him of the situationCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions : Read the following case and answer the questions that follow:Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.What should Ram do?a)Follow Laxman's instructions and keep quiet about it.b)Go back to Laxman's office and strongly oppose the decision of Shweta auditing her own work.c)Talk to Shweta and ask her to carry out the audit in a fair wayd)Talk to Laxman's superior and inform him of the situationCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Directions : Read the following case and answer the questions that follow:Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.What should Ram do?a)Follow Laxman's instructions and keep quiet about it.b)Go back to Laxman's office and strongly oppose the decision of Shweta auditing her own work.c)Talk to Shweta and ask her to carry out the audit in a fair wayd)Talk to Laxman's superior and inform him of the situationCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Directions : Read the following case and answer the questions that follow:Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.What should Ram do?a)Follow Laxman's instructions and keep quiet about it.b)Go back to Laxman's office and strongly oppose the decision of Shweta auditing her own work.c)Talk to Shweta and ask her to carry out the audit in a fair wayd)Talk to Laxman's superior and inform him of the situationCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions : Read the following case and answer the questions that follow:Ram arrived on Monday at India Audit, just in time to hear the outburst from the Managing Partner's office. It was in the middle of the busy season for India Audit, and the office had tons of paperwork lying all around. The Managing Partner Laxman, was bright, hard-working, and a good auditor. But during the busy season it was inevitable that delays would occur as clients would not be ready, or some misplaced work caused uncontrollable delays. As these events kept repeating over the last few days, Laxman's temper tended to get shorter.Despite the stress during the busy season, Ram really enjoyed working at India Audit. This was his first job and he had been steadily climbing up the corporate ladder. Today Ram was working on the Audit of India Old Age Homes(IOAH) - A small non-profit organization helping take care of old age men and women. The organization had just 5 staff, and today the accountant in charge of keeping track at India Old Age Homes, Shweta, had quit and joined India Audit. As Ram took his seat, Laxman waved at him to join him in his office - Laxman at this point introduced Shweta to Ram and told him that she would be assisting him with the audit of IOAH.As Ram returned to his desk after the introduction, he noticed that files for Construction India Limited had come in and the client was demanding that the audit be completed immediately. Construction India had been using the services of India Audit for over a decade now, and had been a very lucrative client. Ram was also aware that IOAH audit was not expected to be completed for at least a month. So, Ram kept aside IOAH files, the accounting files that Shweta had worked on while at IOAH, and started working on a more pressing matter of Construction India.Next Monday, when Ram arrived at his office, he was again waved into Laxman's Office. Laxman had just had a call from his superior and learnt that IOAH audit files to be completed in the next few days. He asked Ram how far he had gotten with it - to which Ram replied that he had hardly spent anytime on it as the Construction India audit had arrived last week. At this point Laxman Interrupted and said - "Ram, there is a lot of pressure on me to get IOAH done over the next couple of days. So, I have decided to ask Shweta to complete the required work and submit - All you will have to do is sign on it, and IOAH will be taken care of".As Ram left the office he did not feel right - Shweta could not audit her own work at IOAH.What should Ram do?a)Follow Laxman's instructions and keep quiet about it.b)Go back to Laxman's office and strongly oppose the decision of Shweta auditing her own work.c)Talk to Shweta and ask her to carry out the audit in a fair wayd)Talk to Laxman's superior and inform him of the situationCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CAT tests.
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