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CR5

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CR5 [#permalink] New post 10 May 2010, 08:44
00:00
A
B
C
D
E

Difficulty:

  5% (low)

Question Stats:

100% (01:47) correct 0% (00:00) wrong based on 4 sessions
Please explain....
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Re: CR5 [#permalink] New post 10 May 2010, 09:21
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IMO C
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Re: CR5 [#permalink] New post 10 May 2010, 11:22
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LM wrote:
Please explain....


I say B.

For "evaluate the argument" kind of questions, the trick is to answer the given options with a Yes/No answer. For eg, look at option A, Yes, the population will increase / No, the population will not increase. If neither of the answers disturb the conclusion that Centennial is planning to convert office space into hotel rooms, that option can be discarded.

B is right because, Yes, demand for office space will increase / No, demand will not increase, directly hits the plan.
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Re: CR5 [#permalink] New post 10 May 2010, 11:49
BarneyStinson wrote:

I say B.

For "evaluate the argument" kind of questions, the trick is to answer the given options with a Yes/No answer. For eg, look at option A, Yes, the population will increase / No, the population will not increase. If neither of the answers disturb the conclusion that Centennial is planning to convert office space into hotel rooms, that option can be discarded.

B is right because, Yes, demand for office space will increase / No, demand will not increase, directly hits the plan.


I agree with Barney and just wanted to add that the important point not to miss here in the conclusion is that the company makes this plan in order to "maximize" profits. But what if they could maximize profits actually by using the space for it already is, without investing more?

The answer to question in answer B will help determine exactly that.
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Re: CR5 [#permalink] New post 10 May 2010, 12:36
i narrowed it to B and E.

ended up picking (E).
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Re: CR5 [#permalink] New post 10 May 2010, 18:44
E is a tricky Trap.

BarneyStinson`s method of solving the best way to attack these type of questions it will help u save ur time too...
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Re: CR5 [#permalink] New post 10 May 2010, 21:42
B. same reason as above.
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Re: CR5 [#permalink] New post 10 May 2010, 21:43
BarneyStinson wrote:
LM wrote:
Please explain....


I say B.

For "evaluate the argument" kind of questions, the trick is to answer the given options with a Yes/No answer. For eg, look at option A, Yes, the population will increase / No, the population will not increase. If neither of the answers disturb the conclusion that Centennial is planning to convert office space into hotel rooms, that option can be discarded.

B is right because, Yes, demand for office space will increase / No, demand will not increase, directly hits the plan.


Thanks for the hint and +1 to you
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Re: CR5 [#permalink] New post 11 May 2010, 00:23
B is the only option that the Real Estate developers have to be considered about.

A - The argument does not consider the local population growth- This is irrelevant
B - If the demand for office spaces (consequently the price) of per Sq foot area of office space is > than per sq foot area of a hotel room then clearly the Real estate developers would have made a wrong choice if they convert office space to hotel rooms.
C - The Estate developers need not be concerned with other travel related services, because they are not providing this service, hence won't affect their balance sheet.
D - Another irrelevant option.
E - If we observe the stimulus carefully the question talks only about hotel rooms. The stimulus does not provide any information about a possibility of distinction between hotels and office spaces converted to hotels. We can safely eliminate this choice.
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Re: CR5 [#permalink] New post 11 May 2010, 00:36
LM,

Please select the tag (Argument Evaluation) and source of question so that the question can be categorised correctly.
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Re: CR5 [#permalink] New post 11 May 2010, 01:30
I would go for B

If in the future the demand of offices is high then the manager should keep the office building. If it is not then he should change them to hotel rooms.
Re: CR5   [#permalink] 11 May 2010, 01:30
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