Last visit was: 26 Apr 2024, 05:14 It is currently 26 Apr 2024, 05:14

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.
Close
Request Expert Reply
Confirm Cancel
User avatar
Senior Manager
Senior Manager
Joined: 23 May 2008
Posts: 369
Own Kudos [?]: 186 [0]
Given Kudos: 0
Send PM
User avatar
Manager
Manager
Joined: 22 Feb 2009
Posts: 94
Own Kudos [?]: 239 [0]
Given Kudos: 10
Concentration: Biotech MC
Schools:Kellogg (R1 Dinged),Cornell (R2), Emory(Interview Scheduled), IESE (R1 Interviewed), ISB (Interviewed), LBS (R2), Vanderbilt (R3 Interviewed)
 Q49  V38
Send PM
User avatar
Senior Manager
Senior Manager
Joined: 23 May 2008
Posts: 369
Own Kudos [?]: 186 [0]
Given Kudos: 0
Send PM
User avatar
Manager
Manager
Joined: 22 Feb 2009
Posts: 94
Own Kudos [?]: 239 [0]
Given Kudos: 10
Concentration: Biotech MC
Schools:Kellogg (R1 Dinged),Cornell (R2), Emory(Interview Scheduled), IESE (R1 Interviewed), ISB (Interviewed), LBS (R2), Vanderbilt (R3 Interviewed)
 Q49  V38
Send PM
Re: There is relativley little room for growth in the overall [#permalink]
OA?
User avatar
Director
Director
Joined: 17 Jun 2008
Posts: 614
Own Kudos [?]: 444 [0]
Given Kudos: 0
Send PM
Re: There is relativley little room for growth in the overall [#permalink]
B for me. If there is no niche for the producer to fill in with new brand, purchasing copetitor may not help increase market share.
User avatar
Senior Manager
Senior Manager
Joined: 01 Apr 2008
Posts: 392
Own Kudos [?]: 4075 [0]
Given Kudos: 18
Name: Ronak Amin
Schools: IIM Lucknow (IPMX) - Class of 2014
Send PM
Re: There is relativley little room for growth in the overall [#permalink]
I go with D. Its interesting to know the OA.

B >> Even if there is no niche for 'new' brands, purchasing existing brands will increase marketshare.

scthakur wrote:
B for me. If there is no niche for the producer to fill in with new brand, purchasing copetitor may not help increase market share.
User avatar
Senior Manager
Senior Manager
Joined: 23 May 2008
Posts: 369
Own Kudos [?]: 186 [0]
Given Kudos: 0
Send PM
Re: There is relativley little room for growth in the overall [#permalink]
OA is D

from Power Score LSAT books

sorry no OE
User avatar
Intern
Intern
Joined: 24 May 2009
Posts: 25
Own Kudos [?]: [0]
Given Kudos: 0
Send PM
Re: There is relativley little room for growth in the overall [#permalink]
I agree with D.
User avatar
Director
Director
Joined: 03 Jun 2009
Posts: 578
Own Kudos [?]: 2326 [0]
Given Kudos: 56
Location: New Delhi
Concentration: IT Consultancy
 Q50  V38
WE 1: 5.5 yrs in IT
Send PM
Re: There is relativley little room for growth in the overall [#permalink]
D for me as well. B is instead strengthening the argument.
User avatar
Intern
Intern
Joined: 04 Mar 2008
Posts: 19
Own Kudos [?]: 3 [0]
Given Kudos: 6
Send PM
Re: There is relativley little room for growth in the overall [#permalink]
i agree with D too.
User avatar
Manager
Manager
Joined: 05 Apr 2007
Posts: 82
Own Kudos [?]: 333 [0]
Given Kudos: 1
Send PM
Re: There is relativley little room for growth in the overall [#permalink]
C and D are the ones to choose from....But C can be avoided since we need to make an extreme statement when doing a weakening question...So I'll choose D....
User avatar
Manager
Manager
Joined: 05 Jun 2009
Posts: 248
Own Kudos [?]: 1141 [0]
Given Kudos: 106
GMAT 2: 720  Q50  V36
WE 1: 7years (Financial Services - Consultant, BA)
Send PM
Re: There is relativley little room for growth in the overall [#permalink]
It's D.

B/w C and D :
C is not referring to the market share but the revenues and profits and hence not the answer.
User avatar
Manager
Manager
Joined: 19 Nov 2007
Posts: 97
Own Kudos [?]: 802 [0]
Given Kudos: 1
Send PM
Re: There is relativley little room for growth in the overall [#permalink]
IMO Answer D

(A) Most of the major carpet producers market other floor coverings as well.
-Out of scope

(B) Most established carpet producers market several different brand names and varieties,
and there is no remaining niche in the market for new brands to fill.
-Opposite answers

(C) Two of the three mergers in the industry’s last ten years led to a decline in profits and
revenues for the newly merged companies.
-This is attractive choice but profits and revenues are not market share. Hence incorrect

(D) Price reductions, achieved by cost-cutting in production, by some of the dominant firms in the carpet market are causing other producers to leave the market altogether.
-This choice shows that to gain market share you don't have to merge but cut cost in production, there by eliminating competition. Hence the correct Choice

(E) The carpet market is unlike most markets in that consumers are becoming increasingly resistant to new patterns and styles.
-Out of scope



Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Critical Reasoning (CR) Forum
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
GMAT Club Bot
Re: There is relativley little room for growth in the overall [#permalink]
Moderators:
GMAT Club Verbal Expert
6921 posts
GMAT Club Verbal Expert
238 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne