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Transnational cooperation among corporations is experiencing [#permalink]
14 Sep 2008, 18:55
37% (02:48) correct
62% (01:22) wrong based on 8 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.
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.
Re: GMATPREP CR --- Transnational cooperation among corporations [#permalink]
28 Feb 2010, 11:33
This post received KUDOS
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).
Tommy Wallach | Manhattan GMAT Instructor | San Francisco