The chief executive officer of one o the country's most successful steel manufacturing firms is amused at the publicity her management practices have attracted. She thinks managers get too much of the credit for upswings in their business. " A fickle public assumes too easily that managers are brilliant when demand is strong and idiotic when it is weak." she asserts.
It can be inferred from the statement made by the chief executive officer that she believes which of the following?
a) a successful manager should attempt to control public opinion.
b) There are no managers who can justifiably be said ti be brillirant.
c) Her own managegement practices are likely to be of little value to other business.
d) The role of managers becomes less important during economic downturns than it is in relatively prosperous times.
e) The level of demand for the products of manufacturing firms cannot be completely controlled by the managers of the firm.
Please, answer this question woth your reasoning.
The CEO's thoughts are thus:
If demand is strong, the public sees managers as brilliant.
If demand is weak, the public sees managers as idiotic.
Demand is strong for our steel manufacturing firm (this we infer because it is so successful).
The managers at our steel manufacturing firm are getting too much credit for our strong demand.
From the last sentence alone we can infer that there is something else apart from the managers going on to lift up demand. Therefore, the level of demand for the products of manufacturing firms cannot be completely controlled by the managers of the firm.
A little tautological, but deductively valid!
c/o MBA Center Paris