Jus gave an exam in Ethics. Mostly case analysis and some - take a stance question. I need to justify my stance in cases where it says Market System in itself is unethical. I for one didnt have problem- It is always known that there has to be some sort of Governmental control over the markets- for the simple reason that the basic assumption of market system is the symmetry of information doesnt exist in the society now and till it is ensured there has to be a correction mechanism that would take care of this Information Dysymmetry and Perfect competition.

But the case proved to be much difficult to judge in a 2 hour time period. It was about 3 classmates entering into 3 different companies.They have different set of issues to ponder over and the respective stance that I would take had I been in that position.

Nothing serious. Got it sort of OK. I strongly beleive there is nothing like right or wrong in Ethics- its just whether U can take a nice sleep that night after you have taken a decision and can u tell your mother boldly that u have taken such a decision.

Next exam stares at face- Brand Management. Will certainly prove to be hilarious. Havent prepared anything till now- has been asked to prepare a case file on an Indian Product brand and come to the exam. I think that the exam is going to be based on the case sheet that everyone prepares for himself. He will be asked to analyse any one Product Brand in terms of its performance in the past three years and come out with a strategy for the same.

Hope there will be some thing to write tomorrow. I know it is preponderous desire but still human greed knows no bound. Does it?