Find all School-related info fast with the new School-Specific MBA Forum

It is currently 18 Apr 2014, 10:56

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

KAKASHKA

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
SVP
SVP
User avatar
Joined: 03 Feb 2003
Posts: 1619
Followers: 5

Kudos [?]: 29 [0], given: 0

KAKASHKA [#permalink] New post 24 Jun 2003, 05:00
The value of a product is determined by the ratio of its quality to its price. The higher the value of a product, the better will be its competitive position. Therefore, either increasing the quality or lowering the price of a given product will increase the likelihood that consumer will select that product rather than a competing one.

Which of the following, if true, would most strengthen the conclusion drawn above?

(A) It is possible to increase both the quality and the price of a product without changing its competitive position.
(B) For certain segments of the population of consumers, higher-priced brands of some product lines are preferred to the lower-priced brands.
(C) Competing products often try to appeal to different segments of the population of consumers.
(D) The competitive position of a product can be affected by such factors as advertising and brand loyalty.
(E) Consumers' perceptions of the quality of a product are based on the actual quality of the product.
Manager
Manager
User avatar
Joined: 11 Jun 2003
Posts: 72
Location: Moscow, Russia
Followers: 1

Kudos [?]: 0 [0], given: 0

Re: KAKASHKA [#permalink] New post 25 Jun 2003, 00:17
stolyar wrote:
The value of a product is determined by the ratio of its quality to its price. The higher the value of a product, the better will be its competitive position. Therefore, either increasing the quality or lowering the price of a given product will increase the likelihood that consumer will select that product rather than a competing one.

Which of the following, if true, would most strengthen the conclusion drawn above?

(A) It is possible to increase both the quality and the price of a product without changing its competitive position.
(B) For certain segments of the population of consumers, higher-priced brands of some product lines are preferred to the lower-priced brands.
(C) Competing products often try to appeal to different segments of the population of consumers.
(D) The competitive position of a product can be affected by such factors as advertising and brand loyalty.
(E) Consumers' perceptions of the quality of a product are based on the actual quality of the product.


I would vote for E

Is it right?
Intern
Intern
Joined: 07 May 2003
Posts: 18
Followers: 0

Kudos [?]: 0 [0], given: 0

 [#permalink] New post 25 Jun 2003, 06:21
E?
Manager
Manager
User avatar
Joined: 18 Jun 2003
Posts: 142
Location: Hockeytown
Followers: 1

Kudos [?]: 9 [0], given: 0

 [#permalink] New post 25 Jun 2003, 10:07
Founder
Founder
User avatar
Status: In Mexico.... NO PM's :-)
Affiliations: UA-1K, SPG-G, HH-D
Joined: 04 Dec 2002
Posts: 11818
Location: United States (WA)
GMAT 1: 750 Q49 V42
GPA: 3.5
WE: Information Technology (Hospitality and Tourism)
Followers: 1983

Kudos [?]: 6413 [0], given: 3565

GMAT ToolKit User Premium Member CAT Tests
 [#permalink] New post 25 Jun 2003, 20:11
Expert's post
  [#permalink] 25 Jun 2003, 20:11
Display posts from previous: Sort by

KAKASHKA

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.