|
Author |
Message |
|
TAGS:
|
|
|
SVP
Status: 2000 posts! I don't know whether I should feel great or sad about it! LOL
Joined: 04 Oct 2009
Posts: 1756
Location: Peru
Schools: Harvard, Stanford, Wharton, MIT & HKS (Government)
WE 1: Economic research
WE 2: Banking
WE 3: Government: Foreign Trade and SMEs
Followers: 50
Kudos [?]:
145
[0], given: 108
|
Which of the following most logically completes the argument [#permalink]
15 Apr 2011, 03:52
Question Stats:
53% (03:12) correct
47% (02:02) wrong based on 2 sessions
Which of the following most logically completes the argument below? Twenty percent of the stores in Morganville's downtown shopping district will fail within five years because they will be competing directly with the SaveMart discount department store newly opened in East Morganville. The downtown shopping district has lost business at this rate before and has always completely rebounded. Confidence that it will rebound again from the losses it is now about to suffer is ill founded, however, because ________ . (A) the stores like to be put out of business by direct competition from SaveMart are the downtown shopping district's anchor stores, on whose ability to draw shoppers many of the other downtown stores depend. (B) the bus line that has long connected the downtown are of Morganville with EastMorganville has a tradition of carrying shoppers who reside in EastMorganville into downtown Morganville to shop. (C) when the downtown shopping district has rebounded before, the business premises of a failed business were typically taken over by a business of same kind as had been there before (D) SaveMart's business plan for the EastMorgalvill store is based on earning low profits, if any, during the first five years of the store's existence. (E) it is conceivable that the downtown shopping district could shrink substantially without collapsing altogether Please, I don't understand this: Why not E? I understand in this choice that it is possible that the downtown shopping district could be reduced, so it is possible that this district won't rebound. Therefore, E would be correct.
_________________
"Life’s battle doesn’t always go to stronger or faster men; but sooner or later the man who wins is the one who thinks he can."
My Integrated Reasoning Logbook / Diary: my-ir-logbook-diary-133264.html
Find out what's new at GMAT Club - latest features and updates
|
|
|
|
|
|
|
Manager
Joined: 25 Aug 2008
Posts: 238
Location: India
WE 1: 3.75 IT
WE 2: 1.0 IT
Followers: 2
Kudos [?]:
23
[0], given: 5
|
Re: Morganville's downtown [#permalink]
15 Apr 2011, 04:01
OA should be A. The question says: Confidence that it will rebound again from the losses it is now about to suffer is ill founded, however, because_________________ A gives the statement y downtown shopping district will rebound, which supports the use of however whereas E gives the reason that downtown shopping district won't rebound.
_________________
Cheers, Varun
If you like my post, give me KUDOS!!
|
|
|
|
|
|
Director
Status: Admitted
Affiliations: Chicago Booth
Joined: 03 Feb 2011
Posts: 947
Followers: 10
Kudos [?]:
143
[0], given: 123
|
Re: Morganville's downtown [#permalink]
15 Apr 2011, 05:22
Confidence that it will rebound again from the losses it is now about to suffer is ill founded, however, because ________ . Pardon me. I think you mean - A provides the reason why the downtown stores will not rebound and E provides the opposite reason - why they will. varunmaheshwari wrote: OA should be A. The question says: Confidence that it will rebound again from the losses it is now about to suffer is ill founded, however, because_________________
A gives the statement y downtown shopping district will rebound, which supports the use of however whereas E gives the reason that downtown shopping district won't rebound.
|
|
|
|
|
|
SVP
Status: 2000 posts! I don't know whether I should feel great or sad about it! LOL
Joined: 04 Oct 2009
Posts: 1756
Location: Peru
Schools: Harvard, Stanford, Wharton, MIT & HKS (Government)
WE 1: Economic research
WE 2: Banking
WE 3: Government: Foreign Trade and SMEs
Followers: 50
Kudos [?]:
145
[0], given: 108
|
Re: Morganville's downtown [#permalink]
15 Apr 2011, 08:04
gmat1220 wrote: Confidence that it will rebound again from the losses it is now about to suffer is ill founded, however, because ________ . Pardon me. I think you mean - A provides the reason why the downtown stores will not rebound and E provides the opposite reason - why they will. varunmaheshwari wrote: OA should be A. The question says: Confidence that it will rebound again from the losses it is now about to suffer is ill founded, however, because_________________
A gives the statement y downtown shopping district will rebound, which supports the use of however whereas E gives the reason that downtown shopping district won't rebound. Hi gmat1220, could you elaborate more about why E explains that the stores will rebound? Thanks!
_________________
"Life’s battle doesn’t always go to stronger or faster men; but sooner or later the man who wins is the one who thinks he can."
My Integrated Reasoning Logbook / Diary: my-ir-logbook-diary-133264.html
Find out what's new at GMAT Club - latest features and updates
|
|
|
|
|
|
Director
Status: Admitted
Affiliations: Chicago Booth
Joined: 03 Feb 2011
Posts: 947
Followers: 10
Kudos [?]:
143
[0], given: 123
|
Re: Morganville's downtown [#permalink]
15 Apr 2011, 08:29
E nearly bends them to their knees but did not blot them - the stem says "shrink substantially without collapsing" them.
Actually E leaves them a plausibility to recuperate because the damage was just to shrink the downtown shopping district stores to the critical mass which will be a meager competition to the SaveMart sharks.
However policy A is "predatory" in nature. This will help SaveMart to do a monopoly. It targets all the anchor stores which are prime movers of the market since they attract the rest of the downtown stores. If anchor stores are killed then the down store are wiped out.
|
|
|
|
|
|
Manager
Status: Prepping for the last time....
Joined: 28 May 2010
Posts: 202
Location: Australia
Concentration: Technology, Strategy
GMAT 1: 630 Q47 V29
GPA: 3.2
Followers: 0
Kudos [?]:
8
[0], given: 21
|
Re: Morganville's downtown [#permalink]
16 Sep 2011, 00:21
A is the best option of all
_________________
Two great challenges: 1. Guts to Fail and 2. Fear to Succeed
|
|
|
|
|
|
Manager
Joined: 07 Dec 2010
Posts: 122
Concentration: Marketing, General Management
Followers: 0
Kudos [?]:
2
[0], given: 12
|
Re: Morganville's downtown [#permalink]
01 Oct 2011, 21:28
varunmaheshwari wrote: OA should be A. The question says: Confidence that it will rebound again from the losses it is now about to suffer is ill founded, however, because_________________
A gives the statement y downtown shopping district will rebound, which supports the use of however whereas E gives the reason that downtown shopping district won't rebound. Please explain me what actually the last statement says..ie the conclusion
|
|
|
|
|
|
Intern
Joined: 13 Jul 2011
Posts: 47
Followers: 0
Kudos [?]:
0
[0], given: 8
|
Re: Morganville's downtown [#permalink]
02 Oct 2011, 17:46
E
|
|
|
|
|
|
Senior Manager
Joined: 10 Nov 2010
Posts: 270
Location: India
Concentration: Strategy, Operations
GMAT 1: 520 Q42 V19 GMAT 2: 540 Q44 V21
WE: Information Technology (Computer Software)
Followers: 4
Kudos [?]:
19
[0], given: 22
|
Re: Morganville's downtown [#permalink]
17 Mar 2012, 10:03
ruturaj wrote: varunmaheshwari wrote: OA should be A. The question says: Confidence that it will rebound again from the losses it is now about to suffer is ill founded, however, because_________________
A gives the statement y downtown shopping district will rebound, which supports the use of however whereas E gives the reason that downtown shopping district won't rebound. Please explain me what actually the last statement says..ie the conclusion Conclusion is saying rebound is not possible because .....
_________________
The proof of understanding is the ability to explain it.
|
|
|
|
|
|
Senior Manager
Joined: 13 Mar 2012
Posts: 374
Concentration: Operations, Strategy
Followers: 1
Kudos [?]:
62
[0], given: 31
|
Re: Which of the following most logically completes the argument [#permalink]
18 Mar 2012, 23:20
A is the best here as it gives a reason why the sops wouldnot rebound. E doesnt affects anything it just says they will shrink rather than collapsing, okay this doesnt provides any reason why they will not rebound.
_________________
Practice Practice and practice...!!
If my reply /analysis is helpful-->please press KUDOS If there's a loophole in my analysis--> suggest measures to make it airtight.
|
|
|
|
|
|
Senior Manager
Joined: 13 Aug 2012
Posts: 468
Followers: 12
Kudos [?]:
75
[0], given: 11
|
Re: Which of the following most logically completes the argument [#permalink]
04 Feb 2013, 01:29
Twenty percent of the stores in Morganville's downtown shopping district will fail within five years because they will be competing directly with the SaveMart discount department store newly opened in East Morganville. The downtown shopping district has lost business at this rate before and has always completely rebounded. Confidence that it will rebound again from the losses it is now about to suffer is ill founded, however, because ________ .
WE NEED something that explains why the downtown shopping district will not be able to rebound from the losses unlike before...
(A) the stores like to be put out of business by direct competition from SaveMart are the downtown shopping district's anchor stores, on whose ability to draw shoppers many of the other downtown stores depend. If stores to be put out of business are the ANCHOR stores that other depends on, then it will be hard to recuperate. This is a keeper. Let's keep this for now.
(B) the bus line that has long connected the downtown area of Morganville with EastMorganville has a tradition of carrying shoppers who reside in East Morganville into downtown Morganville to shop. What if majority of the shoppers are non-bus riders... These majority will drive the possibility of recovery for the downtown district... WE have to assume a little more to make this work... And BUS is accessible to both the downtown and the new SaveMart... competition is not helped if both shops are equally accessible...
(C) when the downtown shopping district has rebounded before, the business premises of a failed business were typically taken over by a business of same kind as had been there before This describes what happened in the past when a business failed. This has no bearing or explanation on whether to recover in the new case at hand is possible. OUT!
(D) SaveMart's business plan for the EastMorgalvill store is based on earning low profits, if any, during the first five years of the store's existence. This explains the cheap price of the SaveMart, as mentioned already in the argument "discount department stores".... No additional info on whether the shopping district will be able to recover... UNLIKE in A.... A so far is a contender.
(E) it is conceivable that the downtown shopping district could shrink substantially without collapsing altogether Shrinking without collapsing altogether.. shows that there is a chance... This is opposite of what we need...
Answer: A
|
|
|
|
|
|
|
Re: Which of the following most logically completes the argument
[#permalink]
04 Feb 2013, 01:29
|
|
|
|
|
|
|
|
|
|
Moderators:
metallicafan, rajeevrks27, souvik101990, PTK, MacFauz, noboru, kissthegmat, carcass, willigetmylifeback, mikemcgarry, doe007, Vercules, Legendaddy, tuanquang269, RaviChandra, Marcab, Narenn
|