Find all School-related info fast with the new School-Specific MBA Forum
Learn more about the recent changes... close

It is currently 25 May 2013, 23:27
Customize  |  Hide

Search
Register
New posts
Unanswered

Mr. Mead: Turning this subway system over to private

  Question banks Downloads My Bookmarks Reviews  
  Oldest Best Reply
Search for:
 
Print view
First unread post
Author Message
TAGS:
Director
Director
User avatar
Joined: 03 Jun 2009
Posts: 806
Location: New Delhi
WE 1: 5.5 yrs in IT
Followers: 46

Kudos [?]: 279 [0], given: 56

GMAT Tests User
Mr. Mead: Turning this subway system over to private [#permalink] New post 31 Jul 2009, 10:07
00:00

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
5. Mr. Mead: Turning this subway system over to private ownership will surely not make it financially viable. After all, the reason the system is now government-owned is precisely that in 1979 its original private owners went bankrupt operating it.

Ms. Gallis: But remember that government price controls were keeping fares unreasonably low in the 1970's.

Of the following, the best assessment of the logical role played by Ms. Gallis' response is that her response

(A) offers additional evidence for the correctness of Mr. Mead's conclusion
(B) states one of Mr. Mead's tacit assumptions
(C) contradicts Mr. Mead's factual claims about the system's original owners
(D) identifies a weakness in the evidence Mr. Mead uses as a basis for his conclusion
(E) implies that Mr. Mead's conclusion is correct, but not for the reasons Mr. Mead gives
_________________

ISB 2011-12 thread | Ask ISB Alumni @ ThinkISB
All information related to Indian candidates and B-schools | Indian B-schools accepting GMAT scores
Self evaluation for Why MBA?

1 KUDOS received
Director
Director
Joined: 05 Jun 2009
Posts: 853
WE 1: 7years (Financial Services - Consultant, BA)
Followers: 5

Kudos [?]: 125 [1] , given: 106

GMAT Tests User
Re: Mr. Mead vs Ms. Gallis [#permalink] New post 31 Jul 2009, 10:51
1
This post received
KUDOS
Mr. Mead's
conclusion: Turning this subway system over to private ownership will surely not make it financially viable
reason: original owner bankrupt in 1979

Ms. Gallis: Giving reason for the bankruptcy in 1979 which is not considered for conclusion.

IMO D
_________________

Consider kudos for the good post ... :beer
My debrief : journey-670-to-720-q50-v36-long-85083.html

Manager
Manager
Joined: 07 Jul 2009
Posts: 230
Followers: 3

Kudos [?]: 28 [0], given: 13

GMAT Tests User
Re: Mr. Mead vs Ms. Gallis [#permalink] New post 31 Jul 2009, 11:12
I would agree with D too.
It was government who controlled prices that led to owner bankruptcy.
Nowhere Ms. Gallis seems to imply that Mr. Mead's conclusion is correct. So E is out for this reason.
Senior Manager
Senior Manager
User avatar
Joined: 11 Dec 2008
Posts: 478
Location: United States
Schools: HBS '15 (WL), Stanford '15 (I), Wharton '15 (WL)
GMAT 1: 760 Q49 V44
GPA: 3.9
Followers: 14

Kudos [?]: 79 [0], given: 9

GMAT Tests User
Re: Mr. Mead vs Ms. Gallis [#permalink] New post 31 Jul 2009, 11:28
sudeep wrote:
Mr. Mead's
conclusion: Turning this subway system over to private ownership will surely not make it financially viable
reason: original owner bankrupt in 1979

Ms. Gallis: Giving reason for the bankruptcy in 1979 which is not considered for conclusion.

IMO D


me agree wit d
Director
Director
User avatar
Joined: 03 Jun 2009
Posts: 806
Location: New Delhi
WE 1: 5.5 yrs in IT
Followers: 46

Kudos [?]: 279 [0], given: 56

GMAT Tests User
Re: Mr. Mead vs Ms. Gallis [#permalink] New post 31 Jul 2009, 12:45
sudeep wrote:
Mr. Mead's
conclusion: Turning this subway system over to private ownership will surely not make it financially viable
reason: original owner bankrupt in 1979

Ms. Gallis: Giving reason for the bankruptcy in 1979 which is not considered for conclusion.

IMO D
.

thanks a lot :) OA is D
_________________

ISB 2011-12 thread | Ask ISB Alumni @ ThinkISB
All information related to Indian candidates and B-schools | Indian B-schools accepting GMAT scores
Self evaluation for Why MBA?

Manager
Manager
Status: done, waiting fingerss crossed!
Joined: 01 Jul 2009
Posts: 138
Location: India
Concentration: Entrepreneurship, Strategy
Schools: IIMB (EPGP) (A), INSEAD '14 (D), ISB (S)
GMAT 1: 680 Q48 V35
GPA: 3.8
WE: General Management (Retail)
Followers: 15

Kudos [?]: 287 [0], given: 13

Re: Mr. Mead vs Ms. Gallis [#permalink] New post 02 Aug 2009, 10:05
D indeed! nice one
_________________

i love kudos :moped consider giving them if you like my post!!

:arrow: CRITICAL REASONING FOR BEGINNERS: notes & links to help you learn CR better. Click Below
http://gmatclub.com/forum/critical-reasoning-for-beginners-82111.html
:arrow: QUANT NOTES FOR PS & DS: notes to help you do better in Quant. Click Below
http://gmatclub.com/forum/quant-notes-for-ps-ds-82447.html
:arrow: GMAT Timing Planner: This little tool could help you plan timing strategy. Click Below
http://gmatclub.com/forum/gmat-cat-timing-planner-82513.html

Senior Manager
Senior Manager
Joined: 26 May 2009
Posts: 317
Followers: 2

Kudos [?]: 33 [0], given: 13

GMAT Tests User
Re: Mr. Mead vs Ms. Gallis [#permalink] New post 03 Aug 2009, 12:20
IMO on D as well
Re: Mr. Mead vs Ms. Gallis   [#permalink] 03 Aug 2009, 12:20
    Similar topics Author Replies Last post
Similar
Topics:
 New posts Mr. Mead : Turning this subway system over to private Paul 6 28 Sep 2004, 20:48
New posts Sold over the counter at the turn of the century , the gayathri 4 17 Jan 2005, 07:36
Popular new posts Sold over the counter at the turn of the century, the gayathri 11 17 Jan 2005, 10:19
New posts Private Message system acfuture 4 21 Aug 2006, 18:39
New posts 1 The subway system in New City has recently been running a Archit143 7 21 Sep 2012, 21:09
Display posts from previous: Sort by

Mr. Mead: Turning this subway system over to private

  Question banks Downloads My Bookmarks Reviews  
Print view
First unread post

Moderators: metallicafan, rajeevrks27, souvik101990, PTK, MacFauz, noboru, kissthegmat, carcass, willigetmylifeback, mikemcgarry, doe007, Vercules, Legendaddy, tuanquang269, RaviChandra, Marcab, Narenn

Search for:


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®.

Main navigation

GMAT Resources

Partners

MBA Resources

www.gmac.com|www.mba.com