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Premise: A proposition from which another statement is inferred or follows a conclusion
Assumption: Something which is inferred or accepted as true
Fact: Something that can be checked or verified
Proposition: A statement that expresses judgment or opinion
Inference: follows from an observed piece of data which is generalized over larger data points
Inductive: An end, finish or summarization reached from the ‘whole’, based on ‘a particular’
Deductive: An end, finish or summarization characterized by inference of ‘particular’ based on the ‘whole’
Reason: A cause, explanation or justification for an action or an event
Conclusion: An end, finish or summarization of process or judgment
Question: A sentence worded or expressed to elicit an opinion
Logical and Analytical Ability
Financial Issue
Management Issue and Ethical Dilemma
Critical Reasoning
Unethical
Evasive in nature (not addressing the problem)
Biased/Judgmental/Not fair
Impractical/Not feasible (resources at hand are not sufficient)
Contradicting the premise given in the Caselet (always stick to the caselet)
Less Rational and more Emotional
A negative course of action
Simplistic solution
Vaguely worded/Ambiguous
Against the Authority/Appeal
Futile Step – not fulfilling or achieving the desired purpose
Vicious Cycle – temporary solution but might aggravate the problem
Disproportionate Step (do not make a mountain out of a molehill)
Autocratic, Unilateral Step
Cutting corners – taking the shortest route without analyzing the problem
Part Solution – does not address all aspects of the problem
Hasty Decisions/ Jumping to conclusions not backed by evidence
Read the information given in the question carefully before answering
Take in cognizance the interest of all the stakeholders
A good option must be to maximize benefit and minimize loss
Practice! Practice! Practice!