Story
Opportunity to profit
Monkey menace is a big nuisance in your village. An entrepreneur and his assistant set up a shop. The owner announces $5 for every monkey brought to him.
The villagers catch few monkeys. Every monkey deposited, gets them $5. Over next few weeks, the monkey population dwindles. The owner decides to raise the price to $10 per monkey to reward the increased effort.
Over next 2 months, very few monkeys are left. Now it takes couple of days to catch even a single monkey. The cage is almost full. The owner announces his visit to the city to get a bigger cage and raises the price to $35 for every monkey once the bigger cage arrives.
In absence of the owner, few villagers strike a deal with the assistant to buy some monkeys at $15 and sell back monkey at $35 once the bigger cage arrives. The news spreads, people rush to the assistant to strike a deal before the owner returns tomorrow.
How many monkeys will you buy and at what price?
Share on
Similar Stories
Previous Ten
What do elderly people need?
Elderly residents of a nursing home were given a...
Property is for Sale
You have been transferred to a new city and you...
How will you sell a pre-owned car?
Your girl friend needs to sell her car. She...
Which tyre was it?
At a university the two students received A’s in...
Who does it better?
How will you peel a banana ?
You must be...
Money in Jar
A group needs to estimate the value of coins in a...
Medical Treatment
Imagine you have an illness. There is a medical...
Ransom call for release
You are a business man. Your son, who is also...
Money Game
In this game, the player open briefcases. Each...
Save a Life
You have decided to donate $100 this week....
Demonstrate the soft skills in your resume
In addition to hard and soft skills, we must also exhibit self-management skills e.g. self-motivation, time management and stress management. Being open minded, flexible, adaptable, experimenting and learning from mistakes are the key differentiator for a person's success.
World Economic Forum lists out the top ten soft skills, which employers look for. These are · - Complex Problem Solving · - Critical Thinking · - Creativity · - People Management · - Coordinating with Others · - Emotional Intelligence · - Judgment and Decision Making · - Service Orientation · - Negotiation · - Cognitive Flexibility
As a prospective employee, it is our job to learn and enhance the soft skills continuously as well as demonstrate relevant skills in our resume and during the interview to increase our success rate in the interview process.
Sign In to share your comments
Your Comments