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Re: As formal organizations, business corporations are distinguished by th [#permalink]
Carcass wrote:
kunleoshodi7 wrote:
Can you please clarify multi-select options in the future? Thank you so much!



What do you mean sir ? do you need an explanation or .....?

Thank you if you could clarify


Carcass , the questions with multiple-select options as answer. should be specified in bold , like - For the following question, consider each of the choices separately and select all that apply
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Re: As formal organizations, business corporations are distinguished by th [#permalink]
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Oh

Thanks. I do usually. Maybe I have overlooked this turn.

My bad.


However, it is implied if you study for the GRE.

Posted from my mobile device
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Re: As formal organizations, business corporations are distinguished by th [#permalink]
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Can you please explain this sir
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As formal organizations, business corporations are distinguished by th [#permalink]
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Question 1


Question: According to the information in the passage, which of the following business corporations is achieving its primary goal?
- Analysis: The passage explicitly defines the primary goals as "maximization of profits, growth, and survival." Providing goods and services is merely a "means to this end."
- Option A: Customer satisfaction is a potential strategy, but the passage does not define it as the primary goal.
- Option B: Hiring consultants is a tactic for growth, but not the goal itself.
- Option C: This aligns directly with the passage's stated primary goal: "maximization of profits."

"A business corporation that gives top-most priority to profitability."
The passage explicitly states the primary goals of corporations are "maximization of profits, growth, and survival." Providing goods/services is just a means to those ends.

Why not A or B?
- A - Customer satisfaction is a tool/means, not the primary goal per the passage.
- B - Hiring growth consultants addresses growth, but growth is listed alongside profit, not above it. More importantly, spending heavily on consultants may actually hurt profitability.


- Correct Answer: C
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Re: As formal organizations, business corporations are distinguished by th [#permalink]
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Question 2

Question: Suppose a company is indulging in some unethical practice. Then, according to the information in the passage, under which of the following conditions is the company most likely to correct this practice?
- Analysis: The passage explains that the company is "unlikely to be moved by arguments based on ethos alone" and only changes when moral views "enter into the company's deliberations" as a financial constraint. We are looking for an option that demonstrates a direct, negative financial impact (similar to the boycott mentioned in the text).
- Option A: A court case implies legal risk, which can lead to fines, but it is not the mechanism described in the text.
- Option B: A campaign encouraging citizens not to purchase products is the functional equivalent of the "highly effective boycott" described in the passage. A boycott directly hits the company's revenue, forcing them to treat the issue as a "limiting operating condition."
- Option C: Criticism in the media is similar to "arguments based on ethos alone." Unless that criticism directly causes a loss of profit (like a boycott), the passage suggests the company will ignore it.
- Correct Answer: B
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Re: As formal organizations, business corporations are distinguished by th [#permalink]
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Fixed teh OA in the first question
B is not implied
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Re: As formal organizations, business corporations are distinguished by th [#permalink]
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