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viveksharma
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CR : OG-11, Doubt Part-II 04 Sep 2008, 22:41
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Please note taht my post below contains OA and my doubt.



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CR : OG-11, Doubt Part-II 04 Sep 2008, 22:42
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E, the OA is neutral.Since "good companies" could either be competitor or non-competitor. OG explains this answer to be correct by considering "good companies" as competitor.We may very well consider "good companies" as non competitor as well.None of the other choices seems correct either.
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IgnitedMind
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CR : OG-11, Doubt Part-II 05 Sep 2008, 16:58
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E is right.

From E, focus on the special advantages' within their market or products... these can only be comparable within the same industry, not others.
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CR : OG-11, Doubt Part-II 05 Sep 2008, 20:25
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Yeah, I got E as well. It is perfectly correct. You see, each of the answer choices will give you a good reason to justify benchmarking against non-competitors. However, only one of the answer choices will fail to provide the justification. In option E, it is giving you the cause of success??? We're not interested on what caused success to occur. All we're interested to know is why is it beneficial to benchmark against the non-competitors. Does option E seriously answer this question? no...
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CR : OG-11, Doubt Part-II 05 Sep 2008, 23:48
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Yeah, I got E as well. It is perfectly correct. You see, each of the answer choices will give you a good reason to justify benchmarking against non-competitors. However, only one of the answer choices will fail to provide the justification. In option E, it is giving you the cause of success??? We're not interested on what caused success to occur. All we're interested to know is why is it beneficial to benchmark against the non-competitors. Does option E seriously answer this question? no...
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E is way too general hence does not strengthen the strategy

IMO E
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CR : OG-11, Doubt Part-II 06 Sep 2008, 02:16
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Yeah, I got E as well. It is perfectly correct. You see, each of the answer choices will give you a good reason to justify benchmarking against non-competitors. However, only one of the answer choices will fail to provide the justification. In option E, it is giving you the cause of success??? We're not interested on what caused success to occur. All we're interested to know is why is it beneficial to benchmark against the non-competitors. Does option E seriously answer this question? no...
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But if u see the explaination that is provided by OG for E to be correct, it talks about good comapnies being competitor.So if you assume good companies to be competitor than yea E is correct option.But good companies may be non-competitor as well.In that case E falls in the same category as other options.
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CR : OG-11, Doubt Part-II 06 Sep 2008, 04:54
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viveksharma
tarek99
Yeah, I got E as well. It is perfectly correct. You see, each of the answer choices will give you a good reason to justify benchmarking against non-competitors. However, only one of the answer choices will fail to provide the justification. In option E, it is giving you the cause of success??? We're not interested on what caused success to occur. All we're interested to know is why is it beneficial to benchmark against the non-competitors. Does option E seriously answer this question? no...

But if u see the explaination that is provided by OG for E to be correct, it talks about good comapnies being competitor.So if you assume good companies to be competitor than yea E is correct option.But good companies may be non-competitor as well.In that case E falls in the same category as other options.
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e) Much of the success of good companies is due to their adoption of practices that take advantage of the special circumstances of their products or markets.

to answer your question, I've posted option E so that we can analyze it together. First of all, read the question one more time. It is an EXCEPT question, which can be tricky. Rephrase the question so that you can have a better picture of what it is really asking. What the question is really asking is that:

"Any of the following is NOT a valid reason for benchmarking the performance of a company against companies with which it is NOT in competition rather than competitors."

you said something important in your comment. you said "but good companies MAY BE non-competitors as well." We're not interested in the may be answers. we want an answer that is 100% certain. because option E opens doors to different interpretations, it can't be correct. it's like dealing with the DS questions on the quant section. A statement is not correct when it leaves room for different answers. However, the correct statement is the statement that provides ONLY 1 answer or interpretation. Option E doesn't give you that, but rather gives you different possibilities to consider.

Also, option E talks about what companies do with their products. Where's the benchmarking here?
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CR : OG-11, Doubt Part-II 08 Sep 2008, 01:41
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viveksharma
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Yeah, I got E as well. It is perfectly correct. You see, each of the answer choices will give you a good reason to justify benchmarking against non-competitors. However, only one of the answer choices will fail to provide the justification. In option E, it is giving you the cause of success??? We're not interested on what caused success to occur. All we're interested to know is why is it beneficial to benchmark against the non-competitors. Does option E seriously answer this question? no...

But if u see the explaination that is provided by OG for E to be correct, it talks about good comapnies being competitor.So if you assume good companies to be competitor than yea E is correct option.But good companies may be non-competitor as well.In that case E falls in the same category as other options.


e) Much of the success of good companies is due to their adoption of practices that take advantage of the special circumstances of their products or markets.

to answer your question, I've posted option E so that we can analyze it together. First of all, read the question one more time. It is an EXCEPT question, which can be tricky. Rephrase the question so that you can have a better picture of what it is really asking. What the question is really asking is that:

"Any of the following is NOT a valid reason for benchmarking the performance of a company against companies with which it is NOT in competition rather than competitors."

you said something important in your comment. you said "but good companies MAY BE non-competitors as well." We're not interested in the may be answers. we want an answer that is 100% certain. because option E opens doors to different interpretations, it can't be correct. it's like dealing with the DS questions on the quant section. A statement is not correct when it leaves room for different answers. However, the correct statement is the statement that provides ONLY 1 answer or interpretation. Option E doesn't give you that, but rather gives you different possibilities to consider.

Also, option E talks about what companies do with their products. Where's the benchmarking here?
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Yea, true..seems like i got tht :-D .thx for taking time to explain



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