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Many GMAT test takers consider Bold Face (BF) questions to

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Re: Many GMAT test takers consider Bold Face (BF) questions to [#permalink] New post 01 Dec 2013, 04:17
Hi Could someone post the answers to the Bold Face file questions?
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Re: Many GMAT test takers consider Bold Face (BF) questions to [#permalink] New post 11 Dec 2013, 01:44
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Hello Everyone,

At e-GMAT, we are celebrating the end of another very successful year. We achieved a number of milestones during the year, including:

1. Highest number of reviews by non-natives on GMAT Club (5x more than any other test prep company)
2. Highest number of success stories on “Share GMAT Experience”
3. Over 1400 Kudos for the year, the most by any test prep company on GMAT Verbal forum

As part of the celebrations, we are offering our otherwise paid session “Bold Face Session” for free for the first time. In this session, we’ll cover the following:

1. Learn a structured and well tested approach to ace Bold Face questions
2. Understand the common terminology used in Bold Face questions and how it is used
3. Become aware of the common pitfalls designed by the question makers

To know more about what we cover in the bold face session, please click here.

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As a warm-up to the session, let’s get our hands dirty on the following official bold face question:

Consumer advocate: it is generally true, at least in this state, that lawyers who advertise a specific service charge less for that service than lawyers who do not advertise. It is also true that each time restrictions on the advertising of legal services have been eliminated, the number of lawyers advertising their services has increased and legal costs to consumers have declined in consequence. However, eliminating the state requirement that legal advertisements must specify fees for specific services would almost certainly increase rather than further reduce consumer’s legal costs. Lawyers would no longer have an incentive to lower their fees when they begin advertising and if no longer required to specify fee arrangements, many lawyers who now advertise would increase their fees.

In the consumer advocate’s argument, the two portions in boldface play which of the following roles?

(A) The first is a generalization that the consumer advocate accepts as true; the second is presented as a consequence that follows from the truth of that generalization.
(B) The first is a pattern of cause and effect that the consumer advocate argues will be repeated in the case at issue; the second acknowledges a circumstance in which that pattern would not hold.
(C) The first is pattern of cause and effect that the consumer advocate predicts will not hold in the case at issue; the second offers a consideration in support of that prediction.
(D) The first is evidence that the consumer advocate offers in support of a certain prediction; the second is that prediction.
(E) The first acknowledges a consideration that weighs against the main position that the consumer advocate defends; the second is that position.

Thanks,
Chiranjeev
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Re: Many GMAT test takers consider Bold Face (BF) questions to [#permalink] New post 15 Apr 2014, 08:15
The best thing about questions from eGmat is that you guys figure out ways to drag people out of their comfort zones and test their confidence and understanding of the basics. Immense amount of learning to be had and more importantly gives us a chance to test our preparedness to handle the real 700+ questions!
Great work, guys! Thanks much!
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Re: Many GMAT test takers consider Bold Face (BF) questions to [#permalink] New post 02 Aug 2014, 02:30
egmat wrote:
amitgup77 wrote:
Exercise Question 1


The stock market has shorted HP stock in response to HP CEO Leo Apotheker’s decision to divest the tablet business to invest to achieve good positions in great industries. Such myopic behavior indicates that the stock market is focused at short term results even when they come at the expense of long term benefits. While HP could have made some money in the tablet market in the short term, it has no strategic advantage in the tablet space and refocusing and investing the management focus on industries where HP does have a strategic advantage will provide enduring profits in the long term.

In the argument given, the two boldfaced portions play which of the following roles?
A. The first is a position that the argument as a whole seeks to defend whereas the second is a position that is contested in the argument.
B. The first states the conclusion of the argument as a whole; the second states an intermediate conclusion that is drawn in order to support the main conclusion.
C. The first is the position that the argument as a whole opposes; the second provides evidence against the position being opposed.
D. The first states an intermediate conclusion that is drawn in order to support the conclusion of the argument as a whole; the 2nd states the conclusion of the argument as a whole
E. The first and second both state intermediate conclusions that are drawn in order to support jointly the conclusions of the argument as a whole


Can somebody explain, How Ans Choice B supports the main conclusion ?


Hi Amit,

I think you mean to ask how BF2 supports the main conclusion.

Let's list down the main conclusion:
The main conclusion is BF1:
the stock market is focused at short term results even when they come at the expense of long term benefits

Now, why does the author makes the above conclusion. He concludes the above statement because the stock market has reacted negatively to HP's decision to divest tablet business. So, basically, HP said that they would not continue to market tablets and the stock market reacted negatively i.e. the stock of HP came down.

Now, on this basis, the author says that stock market is focused on short term results. But how does it mean that the stock market is short term focused? It would mean so if the action taken by HP may have short term disadvantage but a long term advantage. Isn't it? In such case, we can say that the market is only looking at short term and missing the big picture.

This meaning is what is conveyed by BF2. It says that HP does not have any long term benefit in the tablet space. By saying so, it supports the conclusion that stock market is only looking at short term loss but not at the fact that HP does not have any reason to continue tablet business in the long run.

Does this help?

Thanks,
Chiranjeev


Hi Chiranjeev,

I would like to know what role does this phrase play in the argument ?
..... and refocusing and investing the management focus on industries where HP does have a strategic advantage will provide enduring profits in the long term.
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C'est la vie

Re: Many GMAT test takers consider Bold Face (BF) questions to   [#permalink] 02 Aug 2014, 02:30
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