1. Do NOT fail ethics.
Do not take an unethical (or less ethical) decision even if it costs money in the given situation.
Let’s take an example, You are going in your car without wearing a seatbelt. A traffic policeman stops you. He says, "Give me Rs. 1000 and I will let you go or you will have to pay a fine of Rs. 2500" What would you do?
The correct answer for this situation needs to be ethical like, “I will pay a fine of Rs. 2500 and get the receipt.
There are some conditions where one can ignore ethics like a case of life and death, one can ignore ethics for the time being.
2. Keep the basic sense of business intact
For questions involving a situation without any major ethical dilemma, try to think like a businessman. That is to grow the business by earning profits and keeping yourself out of trouble. If it was your business if it is what got you bread and butter every day, what will you do? You won’t take high risks or do something that hurts your reputation, right? And if you are well off, you’ll think more futuristically but if you’re struggling now, you might want something for a short-term stability.
- For the questions requiring quantitative analysis, make sure you exhaust your options before coming out with a solution. Sometimes what seems obviously better isn't actually the best option.
- Try to be logical and not emotional in making judgments. Your choice would automatically be the right answer.