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Transnational cooperation among corporations is experiencing

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Transnational cooperation among corporations is experiencing [#permalink] New post 14 Sep 2008, 18:55
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A
B
C
D
E

Difficulty:

  55% (hard)

Question Stats:

59% (02:27) correct 41% (01:30) wrong based on 114 sessions
Transnational cooperation among corporations is experiencing a modest renaissance among United States firms, even though projects undertaken by two or more corporations under a collaborative agreement are less profitable than projects undertaken by a single corporation. The advantage of transnational cooperation is that such joint international projects may allow United States firms to win foreign contracts that they would not otherwise be able to win.

Which of the following is information provided by the passage?

(A) Transnational cooperation involves projects too big for a single corporation to handle.
(B) Transnational cooperation results in a pooling of resources leading to high-quality performance.
(C) Transnational cooperation has in the past been both more common and less common than it is now among United States firms.
(D) Joint projects between United States and foreign corporations are not profitable enough to be worth undertaking.
(E) Joint projects between United States and foreign corporations benefit only those who commission the projects.
[Reveal] Spoiler: OA

Last edited by WoundedTiger on 24 Oct 2014, 03:48, edited 1 time in total.
OA added
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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 14 Sep 2008, 22:12
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IMO... C

A - never says too big, just less profitable
B - statement says nothing of performance
C - winner winner chicken dinner
D - they ARE profitable... just less so and are still better than the $0 theyd get otherwise
E- if a comapny turns a proft, dont you think theys benefit?

N-e-ways, C is right bc for there to be a renaissance there had to be a period of prosperity, followed by decline and now it is up again.

get it?
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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 24 Feb 2010, 12:14
In short, its a stumper for non-natives.....?
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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 24 Feb 2010, 12:31
Answer is C because the passage mentions Transnational cooperation among corporations is experiencing a modest renaissance among United States firms
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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 24 Feb 2010, 13:14
this question so vaguely targets the word renaissance....
unless someone can provide a better reasoning. :(
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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 24 Feb 2010, 14:05
My answer would be C.

What is the OA?
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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 26 Feb 2010, 20:14
C.

what is the OA?
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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 28 Feb 2010, 11:33
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Hey Hamza et. al.,

Just thought I'd weigh in briefly. IgnitedMind nailed the explanation here. The whole thing hinges on the word renaissance. Painful, no? Just remember, there's no vocab section on the GMAT, but that doesn't mean you don't want a strong grasp of English vocabulary. I can't tell you how often I speak with students who think they can just play "the matching game" in Critical Reasoning and Reading Comp. The matching game is where you look for words in the passage that match up with words in the answer choice, and get the answer. It's never going to work. Everything is about unpacking the little words, and making sure you fully understand the passage. Don't forget, even if you didn't know what renaissance meant, process of elimination would easily remove A, B, D, and E (for the exact reasons IgnitedMind laid out).

Word up.
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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 02 Mar 2010, 21:02
Thanks Tommy, IgnitedMind ...for the explanations...
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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 30 Dec 2014, 07:21
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 30 Dec 2014, 14:54
how does renaissance mean 'more common or less common'?
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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 31 Dec 2014, 03:53
dina98 wrote:
how does renaissance mean 'more common or less common'?


Imagine the history of the world.
During the Roman Empire you have prosperity, lavishness, architecture, art. You have lots of its.
Then come the Christians, **** everything up, nothing happens for 1000 words. You have nothing
Then comes the Renaissance, when you once again have literature, architecture, kind of Humans rights..

So, to apply it in this case, since it is stated you have a "renaissance" of transnational business, it means you had plenty of it at some point, none of ot later, and now you notice a new "awakening" of that business". So, at some point, you had more of it and at some point you had less of it, Hence C :)
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Re: Transnational cooperation among corporations is experiencing [#permalink] New post 02 Jan 2015, 00:48
Only option is telling that the transnational project is earlier more common and less common means the phenomenon was there earlier and now seeing its revival again other options can not be inferred. Hence C.
Re: Transnational cooperation among corporations is experiencing   [#permalink] 02 Jan 2015, 00:48
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