It is currently 22 Sep 2017, 04:51

### 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

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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# The stock market has shorted HP stock in response to HP CEO Leo Apothe

Author Message
TAGS:

### Hide Tags

e-GMAT Representative
Joined: 02 Nov 2011
Posts: 2231

Kudos [?]: 8799 [1], given: 328

The stock market has shorted HP stock in response to HP CEO Leo Apothe [#permalink]

### Show Tags

15 Jan 2013, 22:42
1
KUDOS
Expert's post
9
This post was
BOOKMARKED
00:00

Difficulty:

85% (hard)

Question Stats:

48% (01:52) correct 52% (04:11) wrong based on 464 sessions

### HideShow timer Statistics

Exercise Question 1

The stock market has shorted HP stock in response to HP CEO Leo Apotheker’s decision to divest the tablet business to invest to achieve good positions in great industries. Such myopic behavior indicates that the stock market is focused at short term results even when they come at the expense of long term benefits. While HP could have made some money in the tablet market in the short term, it has no strategic advantage in the tablet space and refocusing and investing the management focus on industries where HP does have a strategic advantage will provide enduring profits in the long term.

In the argument given, the two boldfaced portions play which of the following roles?
A. The first is a position that the argument as a whole seeks to defend whereas the second is a position that is contested in the argument.
B. The first states the conclusion of the argument as a whole; the second states an intermediate conclusion that is drawn in order to support the main conclusion.
C. The first is the position that the argument as a whole opposes; the second provides evidence against the position being opposed.
D. The first states an intermediate conclusion that is drawn in order to support the conclusion of the argument as a whole; the 2nd states the conclusion of the argument as a whole
E. The first and second both state intermediate conclusions that are drawn in order to support jointly the conclusions of the argument as a whole

Also review this bold face article to learn the core skills for bold face.
[Reveal] Spoiler: OA

_________________

| '4 out of Top 5' Instructors on gmatclub | 70 point improvement guarantee | www.e-gmat.com

Kudos [?]: 8799 [1], given: 328

Intern
Joined: 01 Dec 2012
Posts: 36

Kudos [?]: 54 [2], given: 8

Concentration: Finance, Operations
GPA: 2.9
Re: The stock market has shorted HP stock in response to HP CEO Leo Apothe [#permalink]

### Show Tags

16 Jan 2013, 09:28
2
KUDOS
1
This post was
BOOKMARKED
IMO :B

The stock market has shorted HP stock in response to HP CEO Leo Apotheker’s decision to divest the tablet business to invest to achieve good positions in great industries. Such myopic behavior indicates that the stock market is focused at short term results even when they come at the expense of long term benefits. (POSITION OF THE AUTHOR) .While HP could have made some money in the tablet market in the short term, it has no strategic advantage in the tablet space (SUPPORT THE AUTHOR'S POSITION ) and refocusing and investing the management focus on industries where HP does have a strategic advantage will provide enduring profits in the long term.

In the argument given, the two boldfaced portions play which of the following roles?
A. The first is a position that the argument as a whole seeks to defend whereas the second is a position that is contested in the argument. (INCORRECT)
B. The first states the conclusion of the argument as a whole; the second states an intermediate conclusion that is drawn in order to support the main conclusion. (CORRECT)
C. The first is the position that the argument as a whole opposes; the second provides evidence against the position being opposed. (INCORRECT)
D. The first states an intermediate conclusion that is drawn in order to support the conclusion of the argument as a whole; the 2nd states the conclusion of the argument as a whole (INCORRECT)
E. The first and second both state intermediate conclusions that are drawn in order to support jointly the conclusions of the argument as a whole (INCORRECT)

Kudos [?]: 54 [2], given: 8

Current Student
Joined: 27 Jun 2012
Posts: 407

Kudos [?]: 902 [2], given: 184

Concentration: Strategy, Finance
Re: The stock market has shorted HP stock in response to HP CEO Leo Apothe [#permalink]

### Show Tags

16 Jan 2013, 22:03
2
KUDOS
A. The first is a position that the argument as a whole seeks to defend whereas the second is a position that is contested in the argument.
-- Second position is not contested in the argument, its the intermediate conclusion that supports the main conclusion of the argument.
B. The first states the conclusion of the argument as a whole; the second states an intermediate conclusion that is drawn in order to support the main conclusion.
-- Correct. First bold face is the main conclusion of the argument and second bold face acts as intermediate conclusion that supports the main conclusion of the argument.
C. The first is the position that the argument as a whole opposes; the second provides evidence against the position being opposed.
-- Argument doesnt oppose the first bold face, rather its the main conclusion of the argument.
D. The first states an intermediate conclusion that is drawn in order to support the conclusion of the argument as a whole; the 2nd states the conclusion of the argument as a whole
-- The roles are reversed. First is main conclusion and second is the intermediate conclusion.
E. The first and second both state intermediate conclusions that are drawn in order to support jointly the conclusions of the argument as a whole
-- First is main conclusion and second is the intermediate conclusion.

Choice(B) for me.
_________________

Thanks,
Prashant Ponde

Tough 700+ Level RCs: Passage1 | Passage2 | Passage3 | Passage4 | Passage5 | Passage6 | Passage7
VOTE GMAT Practice Tests: Vote Here
PowerScore CR Bible - Official Guide 13 Questions Set Mapped: Click here

Kudos [?]: 902 [2], given: 184

Manager
Joined: 13 Dec 2012
Posts: 109

Kudos [?]: 23 [0], given: 19

Re: The stock market has shorted HP stock in response to HP CEO Leo Apothe [#permalink]

### Show Tags

12 Feb 2013, 06:45
I am sure that first is the main conclusion bt not quite sure what second statement is doing . Please provide the correct answer with explaination . Thanks in advance e -gmat

Kudos [?]: 23 [0], given: 19

Director
Joined: 03 Aug 2012
Posts: 900

Kudos [?]: 857 [0], given: 322

Concentration: General Management, General Management
GMAT 1: 630 Q47 V29
GMAT 2: 680 Q50 V32
GPA: 3.7
WE: Information Technology (Investment Banking)
Re: The stock market has shorted HP stock in response to HP CEO Leo Apothe [#permalink]

### Show Tags

02 Mar 2013, 11:57
The stock market has shorted HP stock in response to HP CEO Leo Apotheker’s decision to divest the tablet business to invest to achieve good positions in great industries. Such myopic behavior indicates that the stock market is focused at short term results even when they come at the expense of long term benefits. While HP could have made some money in the tablet market in the short term, it has no strategic advantage in the tablet space and refocusing and investing the management focus on industries where HP does have a strategic advantage will provide enduring profits in the long term.

Green is the color - go green

Green is the conclusion.

In the argument given, the two boldfaced portions play which of the following roles?
A. The first is a position that the argument as a whole seeks to defend whereas the second is a position that is contested in the argument.
Yes First is a belief/position/hypothesis/thesis .However, second is not a position ,it is a Fact/Data point/Evidence which is undisputed

B. The first states the conclusion of the argument as a whole; the second states an intermediate conclusion that is drawn in order to support the main conclusion.

C. The first is the position that the argument as a whole opposes; the second provides evidence against the position being opposed.
Argument doesn't oppose FIRST
D. The first states an intermediate conclusion that is drawn in order to support the conclusion of the argument as a whole; the 2nd states the conclusion of the argument as a whole
Second is a DATA point/premise/evidence
E. The first and second both state intermediate conclusions that are drawn in order to support jointly the conclusions of the argument as a whole
Through POE , best is this one only

_________________

Rgds,
TGC!
_____________________________________________________________________
I Assisted You => KUDOS Please
_____________________________________________________________________________

Kudos [?]: 857 [0], given: 322

e-GMAT Representative
Joined: 02 Nov 2011
Posts: 2231

Kudos [?]: 8799 [0], given: 328

Re: The stock market has shorted HP stock in response to HP CEO Leo Apothe [#permalink]

### Show Tags

02 Mar 2013, 18:30
Hi All,

The OA is Option B.

Both Moksh and PraPon are right with their explanations. KUDOS!

Thanks,
Chiranjeev
_________________

| '4 out of Top 5' Instructors on gmatclub | 70 point improvement guarantee | www.e-gmat.com

Kudos [?]: 8799 [0], given: 328

e-GMAT Representative
Joined: 02 Nov 2011
Posts: 2231

Kudos [?]: 8799 [0], given: 328

Re: The stock market has shorted HP stock in response to HP CEO Leo Apothe [#permalink]

### Show Tags

02 Mar 2013, 18:40
targetgmatchotu wrote:
The stock market has shorted HP stock in response to HP CEO Leo Apotheker’s decision to divest the tablet business to invest to achieve good positions in great industries. Such myopic behavior indicates that the stock market is focused at short term results even when they come at the expense of long term benefits. While HP could have made some money in the tablet market in the short term, it has no strategic advantage in the tablet space and refocusing and investing the management focus on industries where HP does have a strategic advantage will provide enduring profits in the long term.

Green is the color - go green

Green is the conclusion.

In the argument given, the two boldfaced portions play which of the following roles?
A. The first is a position that the argument as a whole seeks to defend whereas the second is a position that is contested in the argument.
Yes First is a belief/position/hypothesis/thesis .However, second is not a position ,it is a Fact/Data point/Evidence which is undisputed

B. The first states the conclusion of the argument as a whole; the second states an intermediate conclusion that is drawn in order to support the main conclusion.

C. The first is the position that the argument as a whole opposes; the second provides evidence against the position being opposed.
Argument doesn't oppose FIRST
D. The first states an intermediate conclusion that is drawn in order to support the conclusion of the argument as a whole; the 2nd states the conclusion of the argument as a whole
Second is a DATA point/premise/evidence
E. The first and second both state intermediate conclusions that are drawn in order to support jointly the conclusions of the argument as a whole
Through POE , best is this one only

Hi,

First Bold Face Statement (BF1) is the main conclusion of the argument. How can we say that?

Let's first ask, what does the main conclusion mean?

According to me, it means that the whole argument is going to revolve around this and in majority of the cases, support it. (In some cases, authors do present counter-reasoning to the main conclusion. This counter reasoning is then attacked in the argument so that the conclusion gets supported).

In this case, you can see that first statement provides a background to the second statement i.e. BF1. BF1 uses this fact to say that it indicates myopic behavior since stock market is concerned about short-term profits. The third statement, of which BF2 is a part, then provides reasoning that the behavior of the stock market was actually short term, by saying that HP does not have any long term benefits in tablet business. Therefore, the passage as a whole revolves around and supports BF1.

Did I make sense? Let me know if you have any queries.

Thanks,
Chiranjeev
_________________

| '4 out of Top 5' Instructors on gmatclub | 70 point improvement guarantee | www.e-gmat.com

Kudos [?]: 8799 [0], given: 328

Moderator
Joined: 01 Sep 2010
Posts: 3349

Kudos [?]: 8751 [0], given: 1139

Re: The stock market has shorted HP stock in response to HP CEO Leo Apothe [#permalink]

### Show Tags

02 Mar 2013, 18:45
Added oA to the first post. Great question by the way

+ 1
_________________

Kudos [?]: 8751 [0], given: 1139

GMAT Club Legend
Joined: 01 Oct 2013
Posts: 10173

Kudos [?]: 253 [0], given: 0

Re: The stock market has shorted HP stock in response to HP CEO Leo Apothe [#permalink]

### Show Tags

22 Jul 2014, 22:42
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).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.

Kudos [?]: 253 [0], given: 0

CEO
Joined: 17 Jul 2014
Posts: 2589

Kudos [?]: 380 [0], given: 177

Location: United States (IL)
Concentration: Finance, Economics
Schools: Stanford '20
GMAT 1: 650 Q49 V30
GPA: 3.92
WE: General Management (Transportation)
Re: The stock market has shorted HP stock in response to HP CEO Leo Apothe [#permalink]

### Show Tags

30 Jan 2016, 18:27
egmat wrote:

Exercise Question 1

The stock market has shorted HP stock in response to HP CEO Leo Apotheker’s decision to divest the tablet business to invest to achieve good positions in great industries. Such myopic behavior indicates that the stock market is focused at short term results even when they come at the expense of long term benefits. While HP could have made some money in the tablet market in the short term, it has no strategic advantage in the tablet space and refocusing and investing the management focus on industries where HP does have a strategic advantage will provide enduring profits in the long term.

In the argument given, the two boldfaced portions play which of the following roles?
A. The first is a position that the argument as a whole seeks to defend whereas the second is a position that is contested in the argument.
B. The first states the conclusion of the argument as a whole; the second states an intermediate conclusion that is drawn in order to support the main conclusion.
C. The first is the position that the argument as a whole opposes; the second provides evidence against the position being opposed.
D. The first states an intermediate conclusion that is drawn in order to support the conclusion of the argument as a whole; the 2nd states the conclusion of the argument as a whole
E. The first and second both state intermediate conclusions that are drawn in order to support jointly the conclusions of the argument as a whole

Also review this bold face article to learn the core skills for bold face.

oh wow..the language of the argument makes it difficult to comprehend the question. took almost 4 minutes to crack this bad boy
the first one looks to be a conclusion
the second one - a premise that supports the conclusion.

A - there is no contradiction between the statements.
B - looks good, B is a piece of evidence used to support an intermediate conclusion, which consequently supports the main conclusion.
C - no, it does not oppose anything. moreover, second statement is not in contradiction with first one.
D - the first is the main conclusion.
E - the first is the main conclusion.

Kudos [?]: 380 [0], given: 177

Manager
Joined: 12 Jan 2015
Posts: 223

Kudos [?]: 72 [0], given: 79

Re: The stock market has shorted HP stock in response to HP CEO Leo Apothe [#permalink]

### Show Tags

31 Jan 2016, 14:25
Hi Experts / chetan2u,

Can you please tell how to check the intermediate conclusion.
Its really difficult for me to find out intermediate conclusion.

_________________

Thanks and Regards,
Prakhar

Kudos [?]: 72 [0], given: 79

Re: The stock market has shorted HP stock in response to HP CEO Leo Apothe   [#permalink] 31 Jan 2016, 14:25
Similar topics Replies Last post
Similar
Topics:
Stock analyst: We believe Company A s stock will appreciate 18 19 Jan 2012, 07:57
2 After the stock market of Country X crashed, the president took to the 1 04 Aug 2017, 13:42
A survey of the advice given by the best-known stock market analysts 3 05 Mar 2016, 04:21
27 With jobless claims falling and the stock market gaining 13 09 Mar 2017, 23:50
3 Exposure to the rising values in the stock market, particul 1 17 Aug 2013, 09:07
Display posts from previous: Sort by