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Joined: 25 Sep 2018
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Location: United States (CA)
Concentration: Finance, Strategy
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WE:Investment Banking (Investment Banking)
Re: In January last year, Wisdom Investments decided to further break each
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27 Jul 2019, 06:31
In January last year, Wisdom Investments decided to further break each of its 12 categories of investment into 3 and encouraged its analysts to identify and exploit trends in each of the now 36 categories. The stakeholders of the company have been concerned whether\(the new approach has benefited the organization\). A detailed analysis suggests that although the man-hours spent in research skyrocketed, the firm has been able to generate significantly higher returns for its investors, leading to far greater investments in-turn and stronger brand value. Hence, the pros of the approach clearly outweigh its cons.
In the argument given, the two portions in boldface play which of the following roles?
A. The first is a finding the implications of which the argument seeks to evaluate; the second identifies the content of the conclusion of the argument.- Looks Perfect. first is the finding the implications of which are later evaluated by the author. The new approach has helped and hence it is the content of the conclusion which the author later states. i.e pros of the approach outweigh cons. Hence this must be correct.
B. The first is a finding the implications of which the argument seeks to evaluate; the second calls the conclusion of the argument into question.- Incorrect. First boldface is true, however the second isn't isn't calling the conclusion into question stakeholders are calling it into question.
C. The first identifies the content of the conclusion of the argument; the second provides support for that conclusion.-Incorrect. First in anyway doesn't identifies the content of the conclusion. Second in written in line with conclusion
D. The first provides support for the conclusion of the argument; the second calls that conclusion into question.- Incorrect. first is an implication that is later evaluated, it doesn't provide support. its a strategy presented.
E. The first is a finding the implications of which the argument seeks to evaluate; the second calls the finding into question.- Incorrect. first is true, however stakeholders are concerned whether the new approach has benefited the organization, second doesn't call the finding into question.
Hence the answer must be A