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Q1. In linguistics, the term ‘phatic communication’ refers to words and phrases that have been used so frequently that they no longer contain any inherent meaning. Analysts of emerging industries, which may be defined as products or ideas in early stages of development that are often based around a new technology, expect that current terminologies used in such industries to refer to work processes will eventually fall into the category of phatic expressions, because ___________________________________________________________________ Which of the following best completes the passage above? a. inherent meaning is determined primarily on the basis of the frequency with which a term is used. b. the terms are newly-coined and can be expected to be in use for a considerable period of time. c. not only are such terms used excessively, but many of them are so new that users are unsure of their exact definitions. d. terminology used in one field is usually not applicable in other unrelated fields. e. emerging industry types can be analyzed in terms of existing terms from linguistics.
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Q2. In this era of ever increasing oil prices, fuel-efficiency is the primary concern of most car buyers. Because of the increasing demand for fuel-efficient cars, many companies have entered this segment, leading to fierce competition. Recently, both Toyota and General Motors launched their latest cars in this segment on the same day. Even though the car from General Motors fared much better on fuel efficiency, its market share has remained low compared to that of the car from Toyota. Which of the following best explains the paradox presented above? (A) Except higher fuel efficiency, the car from General Motors does not offer any other advantage over the car from Toyota. (B) On the same day when Toyota and General Motors launched their cars, a couple of other companies also launched their cars and, while one of them sold well, the other did not. (C) With ever increasing range of products to choose from, consumers now rely much more on the brand name of a company than the promised features and, unlike General Motors, Toyota has been a known name in fuel efficient car industry. (D) Since the total market for fuel-efficient cars has expanded a lot in the past, even companies with low market shares have made profits. (E) Even though General Motors can service all the existing demand, its production capacity is much lower than the production capacity of Toyota.
CR Questions March - 13 :Q1. Charlie’s Chainsaw Company has reason to believe that one of its models of saw is defective. A recall of all of the saws would cost more than $5 million, and would probably result in a loss in market share over the next quarter because of bad publicity. Still, a recall is the right economic decision.
Which of the following, if true, most supports the conclusion above?
A. Defective chainsaws can seriously injure or even kill the people who use them.
B. Charlie’s chief rival has recalled two of its products withing the past year.
C. Product recalls often result in a perception by customers that a given product is permanently defective, even after the defect has been remedied.
D. The stocks of publicly traded companies that announce product recalls often drop upon the announcement, but they generally return to the pre-announcement level within 12 months.
E. Three years ago a rival company went out of business because of large punitive damages awarded to a plaintiff who had been injured by a defective chainsaw.
Q2. Rent rates being exorbitant in New Avenue, an IT hub, a movie hall owner argues that recovering even the business costs from a theatre in New Avenue would be impossible, let alone making a profit from it. At the usual ticket prices, a theatre in New Avenue would need, on an average, 50% occupancy rate for 75% of all daily shows to just about cover all its costs. His theatre in the Shopping Arcade gets on average just 35% occupancy for all shows in any given day.
Which of the following statements provides the best support for the movie hall owner’s argument?
A. Being located in the heart of the city, New Avenue is a popular commercial center, making the rental of any building or land an expensive affair in that area.
B. Owners of movie halls in New Avenue were able to keep their businesses profitable before economic boom skyrocketed the rent rates in the surrounding areas.
C. Continuous failure to recover the business costs would send the movie hall owner into significant debts, forcing him to sell off the movie hall.
D. Significantly more number of professionals at IT hubs are not more likely to frequent a theatre in the vicinity than the general public at the arcade.
E. The number of daily shows at New Avenue will not be higher than the number of daily shows at Shopping Arcade location.