Logic and Informal Fallacies in Argument Essay Example | Topics and Well Written Essays - 250 words - 1

Logic and Informal Fallacies in Argument - Essay Example A leader who focuses on developing his/her own organization’s image as a socially responsible one may not operate with the motive of attaining higher profitability. But the vary image of the company that he/she has created may help the organization increase its profitability. For example Bernard Madoff was considered a successful leader because he was able to transform a stock exchange trading company called Madoff Securities that started from point zero to a company that owned assets that totaled to more than $300 million (Sun, 2010). He was a successful leader because he ensured that his company made immense profits. But he was even an unethical one because he carried out one of the Ponzi schemes to further grow his business at the expense of others. This Ponzi scheme made him a billionaire and was one of the main reasons that led to the crises of