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Because of the recent transformation of the market. Quore,

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Re: Because of the recent transformation of the market [#permalink]

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New post 06 Apr 2015, 22:36
souvik101990 . .
Can you please explain why E is OA here ?
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Re: Because of the recent transformation of the market [#permalink]

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New post 07 Apr 2015, 09:06
I'm not following the logic to this answer either. Can anyone add some insight?
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Re: Because of the recent transformation of the market [#permalink]

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New post 07 Apr 2015, 16:34
Lucky2783 wrote:
could not understand how option E is correct . E is same as saying that ' if i can lift 50kgs, then i can also lift 100kgs, but if i cannot lift 100kgs, then i cannot lift 50 kgs too .'
can someone please explain.

The way I understand it (and I could very well be incorrect), the if-then statement goes as follows: if this first statement is true, then this second statement is also true. So, your analogy should be the other way around. It should read "if I can lift 100kg, then I can lift 50kg." From this, we can see that if you CANNOT lift 50kg, then you CANNOT lift 100kg, and that makes sense, doesn't it?

Same concept applies in the question. According to the passage. if 10% is possible, then 20% is attainable. So, if 20% is NOT attainable, then 10% is NOT possible, and so, the company will go bankrupt.
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Re: Because of the recent transformation of the market [#permalink]

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New post 09 Apr 2015, 02:40
souvik101990 wrote:
Because of the recent transformation of the market, Quore Inc. must increase productivity 10 percent over the course of the next two years or it will certainly go bankrupt. In fact, however, Quore's production structure is such that if a 10 percent productivity increase is possible, then a 20 percent increase is attainable. If the statements above are true, which one of the following must on the basis of them also be true?

(A) It is only Quore's production structure that makes it possible for Quore to survive the transformation of the market.

(B) Quore will not go bankrupt if it achieves a productivity increase of 20 percent over the next two years.

(C) If the market had not been transformed, Quore would have required no productivity increase in order to avoid bankruptcy.

(D) Because of the transformation of the market Quore will achieve a productivity increase of 10 percent over the next two years.

(E) If a 20 percent productivity increase is unattainable for Quore, then it must go bankrupt.



can't understand the logic behind E. i marked B.

Stalwarts, please help. :)
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Re: Because of the recent transformation of the market [#permalink]

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New post 09 Apr 2015, 03:41
souvik101990 ,

Can u plz help with ur explanation for (E) ? Can't understand how B is incorrect.

Thanks!
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Re: Because of the recent transformation of the market [#permalink]

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New post 09 Apr 2015, 10:26
Quote:
The logical fallacy is:
Fact: X happens ==> Y MUST happen
Conclusion: X does not happen ==> Y MUST NOT happen
This is wrong conclusion. Why?
Because X is only one of many factors that cause Y happen. If X does not happen, other factor may cause Y happen.

For example:
Fact: I have a flu ==> I MUST stay at home to avoid further health problem
Conclusion: I don't have a flu ==> I MUST NOT stay at home to avoid further health problem

Is the conclusion correct? Nope, because flu is only one of many factors that causes health problem. Even I don't have a flu, but doctor recommends me that "I MUST stay at home" because there's a seasonal flu and many people are infected.

Back to the question.
market transformation happens ==> Quore MUST increase productivity to avoid bankruptcy
market transformation DOES NOT happen ==> Quore MUST NOT increase productivity to avoid bankruptcy
==> WRONG because market transformation IS NOT THE ONLY FACTOR. For example: Quore did not increase productivity, but the company still went to bankruptcy because of aggressive competition or its customer went to bankruptcy and did not make payment on time, blah blah......

Hope it helps.

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Re: Because of the recent transformation of the market [#permalink]

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New post 14 Apr 2015, 08:49
Thanks Souvik. E seems very clear to me too. This is an inference question. I now that that the key to getting these right is knowing that the right answer must be true 100%. A-E are dog s+@t. They might happen, but we don’t know for sure.

With E though, we know Quore Inc. must increase productivity 10 percent over the course of the next two years or it will certainly go bankrupt.

We also know that if a 10 percent productivity increase is possible, then a 20 percent increase is attainable. So if 10, then it can also do 20. So basically 20 is the same thing as 10.

What happens if Quore Inc. can’t hit 20, then it can’t hit 10 either.
What happens if Quore Inc. can’t it 10? Kaboom! The company will go bankrupt.

This answer has to be true 100% given the facts.
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Quore’s production structure----Please explain [#permalink]

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Because of the recent transformation of the market. Quore, Inc., must increase productivity, 10 percent over the course of the next two years, or it will certainly go bankrupt. In fact, however, Quore’s production structure is such that if a 10 percent productivity increase is possible, then a 20 percent increase is attainable.
If the statements above are true, which one of the following must on the basis of them also be true?

(A) It is only Quore’s production structure that makes it possible for Quore to survive the transformation of the market.
(B) Quore will not go bankrupt if it achieves a productivity increase of 20 percent over the next two years.
(C) If the market had not been transformed, Quore would have required no productivity increase in order to avoid bankruptcy.
(D) Because of the transformation of the market, Quore will achieve a productivity increase of 10 percent over the next two years.
(E) If a 20 percent productivity increase is unattainable for Quore, then it must go bankrupt.
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Re: Quore’s production structure----Please explain [#permalink]

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New post 20 Feb 2016, 11:00
sananoor wrote:
Because of the recent transformation of the market. Quore, Inc., must increase productivity, 10 percent over the course of the next two years, or it will certainly go bankrupt. In fact, however, Quore’s production structure is such that if a 10 percent productivity increase is possible, then a 20 percent increase is attainable.

If the statements above are true, which one of the following must on the basis of them also be true?

(A) It is only Quore’s production structure that makes it possible for Quore to survive the transformation of the market.
(B) Quore will not go bankrupt if it achieves a productivity increase of 20 percent over the next two years.
(C) If the market had not been transformed, Quore would have required no productivity increase in order to avoid bankruptcy.
(D) Because of the transformation of the market, Quore will achieve a productivity increase of 10 percent over the next two years.
(E) If a 20 percent productivity increase is unattainable for Quore, then it must go bankrupt.


Good one !!

If 20% production is possible ====> 10% production is possible

If 20% production is not possible ====> 10% production is not possible====> Bankruptcy.

None but option (E) correctly matches our understanding, hence this is the correct answer.

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Re: Quore’s production structure----Please explain [#permalink]

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New post 20 Feb 2016, 23:53
I dont see why C) is incorrect. The question states that because of market transformation, Quora must increase productivity.
It doesnt state any other reason why productivity had to be increased, so we cant assume that Quora had to increase productivity otherwise.

I understand why E) is also a possible answer, but I think C) works too.
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Re: Quore’s production structure----Please explain [#permalink]

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GallivantingPanda wrote:
I dont see why C) is incorrect. The question states that because of market transformation, Quora must increase productivity.
It doesnt state any other reason why productivity had to be increased, so we cant assume that Quora had to increase productivity otherwise.

I understand why E) is also a possible answer, but I think C) works too.


The stimulus states -

Quote:
Because of the recent transformation of the market.


Market transformation is going to happen and it is beyond the scope of Quore, Inc. to control , thus Market transformation id a external factor which is going to happen the next possible course of action to survive in the changing market place is to increase production by 10% in the following 2 years.

Please feel free to revert in case of any doubt.
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Re: Quore’s production structure----Please explain [#permalink]

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New post 22 Feb 2016, 04:22
(A) It is only Quore’s production structure that makes it possible for Quore to survive the transformation of the market. We don't know that, the text tells us only that the production structure is such that if 10% increase is attainable then also it's 20%
(B) Quore will not go bankrupt if it achieves a productivity increase of 20 percent over the next two years. We don't know how the market is gonna be. What if another change in the market happens the year after and Quore needs a 50% increase?
(C) If the market had not been transformed, Quore would have required no productivity increase in order to avoid bankruptcy. The text doesn't say anything about the previous situation. Quore could have needed an increase of 5%. It's not the 10% required after the market transformation but it's still an increase.
(D) Because of the transformation of the market, Quore will achieve a productivity increase of 10 percent over the next two years. Not true. Quore needs to reach a 10% increase or it will go bankrupt for sure, but we don't know if Quore will succeed.
(E) If a 20 percent productivity increase is unattainable for Quore, then it must go bankrupt. True. If 20% is possible then 10% is possible, and if 10% is not reached Quore will go bankrupt
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Re: Quore’s production structure----Please explain [#permalink]

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New post 27 Feb 2016, 07:58
what if the productivity is 18%.Does this mean Quore will go bankrupt because it is off by 2%. I dont feel E is correct
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Re: Quore’s production structure----Please explain [#permalink]

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New post 27 Feb 2016, 08:24
pkm9995109794 wrote:
what if the productivity is 18%.Does this mean Quore will go bankrupt because it is off by 2%. I dont feel E is correct


No, it will not. T
If it crosses 10% it can go up to 20%. So, the Q of 18% will not hold
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Re: Quore’s production structure----Please explain [#permalink]

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New post 27 Feb 2016, 10:47
pkm9995109794 wrote:
what if the productivity is 18%.Does this mean Quore will go bankrupt because it is off by 2%. I dont feel E is correct


We know that if 10% is reachable so is 20%. This is a fact: if a 10 percent productivity increase is possible, then a 20 percent increase is attainable.
If the productivity is increased by 18% it means it can reach 20%, we know that, and anyway is past the 10% threshold Quore needs to reach to not go bankrupt.
Instead, if 20% is unattainable, so is 10%. Remember what we said before: if a 10 percent productivity increase is possible, then a 20 percent increase is attainable.
If 10% is not reached, then Quore will go bankrupt: Quore, Inc., must increase productivity, 10 percent over the course of the next two years, or it will certainly go bankrupt.
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Re: Because of the recent transformation of the market [#permalink]

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New post 15 Jun 2016, 19:54
apple314 wrote:
Thanks Souvik. E seems very clear to me too. This is an inference question. I now that that the key to getting these right is knowing that the right answer must be true 100%. A-E are dog s+@t. They might happen, but we don’t know for sure.

With E though, we know Quore Inc. must increase productivity 10 percent over the course of the next two years or it will certainly go bankrupt.

We also know that if a 10 percent productivity increase is possible, then a 20 percent increase is attainable. So if 10, then it can also do 20. So basically 20 is the same thing as 10.

What happens if Quore Inc. can’t hit 20, then it can’t hit 10 either.
What happens if Quore Inc. can’t it 10? Kaboom! The company will go bankrupt.

This answer has to be true 100% given the facts.



Stem says that if 10 is possible then 20 is attainable. It never says 10==20
Suppose a vendor earns Rs 10 doing 9AM-2PM shift; if he extends it to 6PM, he can get Rs 20
While he might end up earning Rs16

It never means that If he earns 16, he will not earn 10--- this is completely flawed. Not convinced with OA.
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Re: Because of the recent transformation of the market [#permalink]

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New post 19 Sep 2016, 00:49
RatneshS wrote:
apple314 wrote:
Thanks Souvik. E seems very clear to me too. This is an inference question. I now that that the key to getting these right is knowing that the right answer must be true 100%. A-E are dog s+@t. They might happen, but we don’t know for sure.

With E though, we know Quore Inc. must increase productivity 10 percent over the course of the next two years or it will certainly go bankrupt.

We also know that if a 10 percent productivity increase is possible, then a 20 percent increase is attainable. So if 10, then it can also do 20. So basically 20 is the same thing as 10.

What happens if Quore Inc. can’t hit 20, then it can’t hit 10 either.
What happens if Quore Inc. can’t it 10? Kaboom! The company will go bankrupt.

This answer has to be true 100% given the facts.



Stem says that if 10 is possible then 20 is attainable. It never says 10==20
Suppose a vendor earns Rs 10 doing 9AM-2PM shift; if he extends it to 6PM, he can get Rs 20
While he might end up earning Rs16

It never means that If he earns 16, he will not earn 10--- this is completely flawed. Not convinced with OA.


I had the same confusion, pay attention to the wordings in the stem and the answer choice E.
Here the attainability of 20% productivity is in question not actually if the productivity increase is 20%.
the Stem says if 10% increase is achievable then 20% is attainable.
Also If 10% increase happens then no bankruptcy.
here 10% is necessary not 20%.
if 20% is not attainable then 10% increase is not achievable which means bankruptcy.

Hope what i am trying to convey is clear enough.
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Re: Because of the recent transformation of the market. Quore, [#permalink]

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New post 01 Oct 2016, 02:09
Between B and E

E states if 20% is not attainable, then 10% is not attainable. hence quora will go bankrupt

Option E fits the bill
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Re: Quore’s production structure----Please explain [#permalink]

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New post 15 Mar 2017, 07:06
How should we eliminate B?

Quore will not go bankrupt if it achieves a productivity increase of 20 percent over the next two years.

My line of reasoning was Q needs 10% else it will certainly go bankrupt (Quore, Inc., must increase productivity, 10 percent over the course of the next two years, or it will certainly go bankrupt.). This is certain to happen if 10% is not reached but there could be a minor possibility of bankruptcy with even 20% increase. We are not given anything about the probability.
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Re: Quore’s production structure----Please explain [#permalink]

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New post 15 Mar 2017, 07:47
warriorguy wrote:
How should we eliminate B?

Quore will not go bankrupt if it achieves a productivity increase of 20 percent over the next two years.

My line of reasoning was Q needs 10% else it will certainly go bankrupt (Quore, Inc., must increase productivity, 10 percent over the course of the next two years, or it will certainly go bankrupt.). This is certain to happen if 10% is not reached but there could be a minor possibility of bankruptcy with even 20% increase. We are not given anything about the probability.


I think your line of thinking is absolutely right. We can eliminate B on the basis that prod>10% doesn't warrant a safe future for Q but prod<10% surely means doom

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Re: Quore’s production structure----Please explain   [#permalink] 15 Mar 2017, 07:47

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