Last visit was: 25 Apr 2024, 19:15 It is currently 25 Apr 2024, 19:15

Close
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
Your Progress

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
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
SORT BY:
Date
Tags:
Poor Qualityx      
Show Tags
Hide Tags
User avatar
Intern
Intern
Joined: 12 Mar 2011
Posts: 14
Own Kudos [?]: 47 [42]
Given Kudos: 57
Send PM
Most Helpful Reply
User avatar
Retired Moderator
Joined: 16 Jun 2012
Posts: 871
Own Kudos [?]: 8554 [33]
Given Kudos: 123
Location: United States
Send PM
General Discussion
User avatar
Intern
Intern
Joined: 25 May 2013
Posts: 24
Own Kudos [?]: 105 [1]
Given Kudos: 16
Send PM
avatar
Intern
Intern
Joined: 07 Oct 2013
Posts: 1
Own Kudos [?]: 2 [2]
Given Kudos: 2
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
2
Kudos
pqhai wrote:
ANALYZE THE STIMULUS:

Fact 1: Now problems require new solutions.
Fact 2: The solutions of these problems require
New institutions - factor #1
--AND--
New political, economic, and social mechanisms - factor #2.
Fact 3: But factor #2: institutions and political and economic arrangements grow slowly.
Conclusion: Factor #1: new institutions should be given EVERY CHANCE of success.

KEY is to how translate correctly the conclusion. The fact says: new problems need new solutions, which require both factor (1) and factor (2). But because factor (2) grows slowly, so the key to have new solutions created is “give every chances of success” for (1): new institutions.

On the other hand, every chances of success” means it doesn’t matter how many time new institutions are failed. If they fail, the new ones should be created.

The writer of the above makes which of the following assumptions:

ANALYZE EACH ANSWER:

(A) New institutions are needed because old institutions are inefficient.
Wrong. Out of scope. The main point is giving new institution EVERY CHANCES. Thus, it doesn’t matter whether the old institution are ineffective.

(B) New institutions are created in order to solve existing problems
Wrong. TEMPTING but wrong. New institution solve ONLY existing problem? Nope, The stimulus clearly mentioned the existing of “NEW” problems (new problems arise ...). Why B narrows the scope to “existing problems”? B is incorrect because it does not cover enough.

(C) As old institutions are phased out, new ones take their place.
Correct. C restates exactly what the conclusion wants to convey. “give every chances of success” means it doesn’t matter how many time new institutions are failed. If they fail, the new ones should be created.

(D) If there were no growth, old institutions would die more slowly.
Wrong. Out of scope. Same as B. We do not discuss the old institutions. The main point is the creating of new institutions. It does not matter the old institutions exist or not. They are in different categories. Thus, D is wrong.

(E) Socio-technological change requires new forms of institutional arrangement.
Wrong. The stimulus says we could ignore factor 2: the institutions and political and economic arrangements, because they grow slowly. Thus, the argument just focus on factor 1: the creating of new institutions which should be given EVERY CHANCES of success.

Hope it helps.

Hi There,
I chose A here. It says requires new institution. What underlying assumption could cause this statement? Also, from the explanation, if new fails create more. That means the old one were inefficient? Right? Also, give every chances of success => isnt this implies the new institution should be given chances? If this is the case then old institutions still exist, but chance should be given to new ones.

Please help me where is the fall back in my understanding.

Thanks
Vijay
ARK
Board of Directors
Joined: 11 Jun 2011
Status:QA & VA Forum Moderator
Posts: 6072
Own Kudos [?]: 4689 [0]
Given Kudos: 463
Location: India
GPA: 3.5
WE:Business Development (Commercial Banking)
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
yenpham9 wrote:
Now problems require new solutions. And new problems arise with new populations and new technologies. The solutions of these problems require new institutions as well as new political, economic, and social mechanisms. Yet institutions and political and economic arrangements grow slowly, new institutions should be given every chance of success.


Theoretically -

New Population and Technology-----> New Problems ------need-----> New Solutions-----> New Institutions & new political, economic, and social mechanisms

Practically ---- grow slowly

Solutions - New institutions should be given every chance of success.


The writer of the above makes which of the following assumptions:

(A) New institutions are needed because old institutions are inefficient. - The passage talks not only about introduction of new institutions but it talks about new political, economic, and social mechanisms , so though this option seems promising it can be rejected.

(B) New institutions are created in order to solve existing problems - True , fits better than (A)

(C) As old institutions are phased out, new ones take their place. - We already know it from the passage , nothing new about it.

(D) If there were no growth, old institutions would die more slowly. - Out of scope

(E) Socio-technological change requires new forms of institutional arrangement. - True , we know it from the passage , nothing new about it.




PLZ Explain where I am missing ?
Manager
Manager
Joined: 26 Aug 2013
Status:Student
Posts: 132
Own Kudos [?]: 135 [0]
Given Kudos: 401
Location: France
Concentration: Finance, General Management
Schools: EMLYON FT'16
GMAT 1: 650 Q47 V32
GPA: 3.44
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
Abhishek009 wrote:
yenpham9 wrote:
Now problems require new solutions. And new problems arise with new populations and new technologies. The solutions of these problems require new institutions as well as new political, economic, and social mechanisms. Yet institutions and political and economic arrangements grow slowly, new institutions should be given every chance of success.


Theoretically -

New Population and Technology-----> New Problems ------need-----> New Solutions-----> New Institutions & new political, economic, and social mechanisms

Practically ---- grow slowly

Solutions - New institutions should be given every chance of success.


The writer of the above makes which of the following assumptions:

(A) New institutions are needed because old institutions are inefficient. - The passage talks not only about introduction of new institutions but it talks about new political, economic, and social mechanisms , so though this option seems promising it can be rejected.

(B) New institutions are created in order to solve existing problems - True , fits better than (A)

(C) As old institutions are phased out, new ones take their place. - We already know it from the passage , nothing new about it.

(D) If there were no growth, old institutions would die more slowly. - Out of scope

(E) Socio-technological change requires new forms of institutional arrangement. - True , we know it from the passage , nothing new about it.




PLZ Explain where I am missing ?


The link here is that, in order to create new institutions, old ones need to be kicked out. Look at the text, why old institutions cannot resolve modern problems?

Answer: because they are pashed out, and therefore new one take their place.

Hope it is clear.
avatar
Intern
Intern
Joined: 03 May 2015
Posts: 43
Own Kudos [?]: 43 [0]
Given Kudos: 48
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
pqhai wrote:
ANALYZE THE STIMULUS:

Fact 1: Now problems require new solutions.
Fact 2: The solutions of these problems require
New institutions - factor #1
--AND--
New political, economic, and social mechanisms - factor #2.
Fact 3: But factor #2: institutions and political and economic arrangements grow slowly.
Conclusion: Factor #1: new institutions should be given EVERY CHANCE of success.

KEY is to how translate correctly the conclusion. The fact says: new problems need new solutions, which require both factor (1) and factor (2). But because factor (2) grows slowly, so the key to have new solutions created is “give every chances of success” for (1): new institutions.

On the other hand, every chances of success” means it doesn’t matter how many time new institutions are failed. If they fail, the new ones should be created.

The writer of the above makes which of the following assumptions:

ANALYZE EACH ANSWER:

(A) New institutions are needed because old institutions are inefficient.
Wrong. Out of scope. The main point is giving new institution EVERY CHANCES. Thus, it doesn’t matter whether the old institution are ineffective.

(B) New institutions are created in order to solve existing problems
Wrong. TEMPTING but wrong. New institution solve ONLY existing problem? Nope, The stimulus clearly mentioned the existing of “NEW” problems (new problems arise ...). Why B narrows the scope to “existing problems”? B is incorrect because it does not cover enough.

(C) As old institutions are phased out, new ones take their place.
Correct. C restates exactly what the conclusion wants to convey. “give every chances of success” means it doesn’t matter how many time new institutions are failed. If they fail, the new ones should be created.

(D) If there were no growth, old institutions would die more slowly.
Wrong. Out of scope. Same as B. We do not discuss the old institutions. The main point is the creating of new institutions. It does not matter the old institutions exist or not. They are in different categories. Thus, D is wrong.

(E) Socio-technological change requires new forms of institutional arrangement.
Wrong. The stimulus says we could ignore factor 2: the institutions and political and economic arrangements, because they grow slowly. Thus, the argument just focus on factor 1: the creating of new institutions which should be given EVERY CHANCES of success.

Hope it helps.


Isn't the new factor (old institutions) external? Aren't we supposed to use only existing information in assumption related questions?
User avatar
Intern
Intern
Joined: 27 Jul 2016
Posts: 1
Own Kudos [?]: [0]
Given Kudos: 0
Location: United States (CT)
Concentration: Social Entrepreneurship, Sustainability
GMAT 1: 730 Q49 V40
GPA: 3.45
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
pqhai wrote:
ANALYZE THE STIMULUS:

Fact 1: Now problems require new solutions.
Fact 2: The solutions of these problems require
New institutions - factor #1
--AND--
New political, economic, and social mechanisms - factor #2.
Fact 3: But factor #2: institutions and political and economic arrangements grow slowly.
Conclusion: Factor #1: new institutions should be given EVERY CHANCE of success.

KEY is to how translate correctly the conclusion. The fact says: new problems need new solutions, which require both factor (1) and factor (2). But because factor (2) grows slowly, so the key to have new solutions created is “give every chances of success” for (1): new institutions.

On the other hand, every chances of success” means it doesn’t matter how many time new institutions are failed. If they fail, the new ones should be created.

The writer of the above makes which of the following assumptions:

ANALYZE EACH ANSWER:

(A) New institutions are needed because old institutions are inefficient.
Wrong. Out of scope. The main point is giving new institution EVERY CHANCES. Thus, it doesn’t matter whether the old institution are ineffective.

(B) New institutions are created in order to solve existing problems
Wrong. TEMPTING but wrong. New institution solve ONLY existing problem? Nope, The stimulus clearly mentioned the existing of “NEW” problems (new problems arise ...). Why B narrows the scope to “existing problems”? B is incorrect because it does not cover enough.

(C) As old institutions are phased out, new ones take their place.
Correct. C restates exactly what the conclusion wants to convey. “give every chances of success” means it doesn’t matter how many time new institutions are failed. If they fail, the new ones should be created.

(D) If there were no growth, old institutions would die more slowly.
Wrong. Out of scope. Same as B. We do not discuss the old institutions. The main point is the creating of new institutions. It does not matter the old institutions exist or not. They are in different categories. Thus, D is wrong.

(E) Socio-technological change requires new forms of institutional arrangement.
Wrong. The stimulus says we could ignore factor 2: the institutions and political and economic arrangements, because they grow slowly. Thus, the argument just focus on factor 1: the creating of new institutions which should be given EVERY CHANCES of success.

Hope it helps.


A seems valid in my opinion because it is absolutely an assumption, albeit one that's made to draw the intermediate conclusion "solutions of these problems require new institutions" rather than the main one. You could argue that A is invalid because an old institution that's relevant to the problem may not already exist, so there are no "old institutions" in scope that can be inefficient, but the problem simply says "old institutions", without detail on relevance or scope.

And as for C: why must the phase-out of an old institution be accompanied by a new one to take its place? What if society no longer needs what the old institution offered? In the world of option C, this possibility doesn't exist.
Senior Manager
Senior Manager
Joined: 26 Aug 2016
Posts: 450
Own Kudos [?]: 393 [0]
Given Kudos: 204
Location: India
Concentration: Operations, International Business
GMAT 1: 690 Q50 V33
GMAT 2: 700 Q50 V33
GMAT 3: 730 Q51 V38
GPA: 4
WE:Information Technology (Consulting)
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
Why do i think this question as leaning towards Must be true type more than it does towards Assumption type. ?
Intern
Intern
Joined: 28 Jan 2017
Posts: 25
Own Kudos [?]: 193 [0]
Given Kudos: 17
Location: India
GMAT 1: 750 Q50 V42
GPA: 3.29
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
A response from David of Veritas Prep:

"In my opinion this is not a good question. I cannot find the source, I searched but only found one instance of it and that is on GMAT Club. The source there was listed as GMAT TEST PREPARATION, I am not sure what that means. Is it a company?

I do not see where either B or C would be correct.

B is wrong because "existing problems" are not mentioned it says, "The solutions of these [NEW] problems require new institutions as well as new political, economic, and social mechanisms."

C is weird. Why is it required that old institutions fade out? Cannot the new institutions just be built in addition to the old? Can we not just have some institutions just disappear without new ones?

An assumption must be REQUIRED. These answers are not. It is a bad question, in my opinion."
Manager
Manager
Joined: 12 Dec 2011
Posts: 56
Own Kudos [?]: 16 [0]
Given Kudos: 5
Location: United States (NY)
GMAT 1: 720 Q49 V38
GPA: 3.17
WE:Other (Accounting)
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
Think about it in this way:

A) - A restatement of the premise. The questions (premise) already mentions that the old institutions do things slowly (hence, not so efficient). For GMAT question solving purpose, an assumption can't be a premise at the same time.

B) - The 2nd sentence of the question states very clearly that new institutions are needed to solve new problems.

C) - This one is tricky. I eliminated it in the first place then I was pretty sure the others are absolutely wrong. So I re-thought about this one. Actually think about it - a new problem needs a new solution and a new solution needs a new institution. Thus, if the new institution does not replace the old institution, how will people have the new solution to solve the new problem? If both exist, then it's weakening the argument since old institution is useless to face the new solutions. The question does not mention about old problems. So if we assume old problem is a factor in the argument then we are doing something out-of-scope. Try not to bring the real life awareness to this question. In the beginning I thought: Ok, even if we could have machine check-out but we can still have human cashier. This out-of-scope assumption is a poison to this question.

D), Growth of old institution is irrelevant here. Even if it can grow, will it be sufficient to fight the new problems? We are making assumptions to find assumptions if we pick D.

E), This simply repeats part of the premise. Same issue as A).

Feel free to discuss.
Manager
Manager
Joined: 29 Nov 2016
Posts: 195
Own Kudos [?]: 56 [0]
Given Kudos: 446
Location: India
GMAT 1: 750 Q50 V42
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
Please help:

What is wrong with E?

If you read the argument carefully, there is no mention of social factors growimg slowly. The argument only mentions institutions, political and economic growing slow.

What if socio- technological factors could still grow independently of any institutional arrangements.

In that scenario authors conclusion that institutional arrangements must be provided with all the opportunities would fail as socio- technological would be sufficient to take care of the problems.

Option C on the other hand just answers the HOW aspect of providing all opportunities to new institutions i.e by giving opportunities from pahsing out institutions to new ones.

It does not answer the assumption part at all.

Posted from my mobile device
Intern
Intern
Joined: 01 Mar 2015
Posts: 21
Own Kudos [?]: 17 [0]
Given Kudos: 38
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
The last sentence phrase 'new institutions should be given every chance of success' has the assumption hidden in it.

Answer should be C.
Senior Manager
Senior Manager
Joined: 09 Jul 2014
Posts: 371
Own Kudos [?]: 351 [0]
Given Kudos: 346
Location: India
Concentration: General Management, Finance
Schools: ISB '24
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
VeritasKarishma Could you please help me with this question. Not able to understand this.

My reasoning is as follows:

Background Information: Problems req -> New Solutions.
New Prob arise with new populations & new technologies -> sol of these prob require: 1) New Institutions 2) Political 3) Economic 4) Social Mechanisms.

Premise: Institutions, political, and economic arrangements grow slowly
Conclusion: New Institutions should be given every chance of success.

Analyzing the options one by one:

(A) New institutions are needed because old institutions are inefficient......The argument does not mention anything about the effectiveness of Old Institutions. Therefore, wrong.

(B) New institutions are created in order to solve existing problems.........new problems arise with new population and technologies and require new institutions. From this, we can say new institutions are created to solve new problems not existing problems. Hence, wrong option.

(C) As old institutions are phased out, new ones take their place........The paragraph doesn't talk anything about Old Institutions or old institutions being phased out. Therefore, wrong

(D) If there were no growth, old institutions would die more slowly...........Irrelevant

(E) Socio-technological change requires new forms of institutional arrangement........In my view, new Populations and technologies constitute socio-technological change and new prob arise with it, which require new institutions. Looks okay to me..

E Should be the assumption.

Where am I going wrong with my reasoning?
Tutor
Joined: 16 Oct 2010
Posts: 14823
Own Kudos [?]: 64923 [0]
Given Kudos: 426
Location: Pune, India
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
Expert Reply
saurabhjain296 wrote:
VeritasKarishma Could you please help me with this question. Not able to understand this.

My reasoning is as follows:

Background Information: Problems req -> New Solutions.
New Prob arise with new populations & new technologies -> sol of these prob require: 1) New Institutions 2) Political 3) Economic 4) Social Mechanisms.

Premise: Institutions, political, and economic arrangements grow slowly
Conclusion: New Institutions should be given every chance of success.

Analyzing the options one by one:

(A) New institutions are needed because old institutions are inefficient......The argument does not mention anything about the effectiveness of Old Institutions. Therefore, wrong.

(B) New institutions are created in order to solve existing problems.........new problems arise with new population and technologies and require new institutions. From this, we can say new institutions are created to solve new problems not existing problems. Hence, wrong option.

(C) As old institutions are phased out, new ones take their place........The paragraph doesn't talk anything about Old Institutions or old institutions being phased out. Therefore, wrong

(D) If there were no growth, old institutions would die more slowly...........Irrelevant

(E) Socio-technological change requires new forms of institutional arrangement........In my view, new Populations and technologies constitute socio-technological change and new prob arise with it, which require new institutions. Looks okay to me..

E Should be the assumption.

Where am I going wrong with my reasoning?


I do not like this question at all. What is the source? The argument itself doesn't sit very well and options make even lesser sense.
If the question is from a reputable source, request yenpham9 to put a screenshot of the exact question. Else, it is best to ignore it.
Senior Manager
Senior Manager
Joined: 09 Jul 2014
Posts: 371
Own Kudos [?]: 351 [0]
Given Kudos: 346
Location: India
Concentration: General Management, Finance
Schools: ISB '24
Send PM
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
VeritasKarishma wrote:
saurabhjain296 wrote:
VeritasKarishma Could you please help me with this question. Not able to understand this.

My reasoning is as follows:

Background Information: Problems req -> New Solutions.
New Prob arise with new populations & new technologies -> sol of these prob require: 1) New Institutions 2) Political 3) Economic 4) Social Mechanisms.

Premise: Institutions, political, and economic arrangements grow slowly
Conclusion: New Institutions should be given every chance of success.

Analyzing the options one by one:

(A) New institutions are needed because old institutions are inefficient......The argument does not mention anything about the effectiveness of Old Institutions. Therefore, wrong.

(B) New institutions are created in order to solve existing problems.........new problems arise with new population and technologies and require new institutions. From this, we can say new institutions are created to solve new problems not existing problems. Hence, wrong option.

(C) As old institutions are phased out, new ones take their place........The paragraph doesn't talk anything about Old Institutions or old institutions being phased out. Therefore, wrong

(D) If there were no growth, old institutions would die more slowly...........Irrelevant

(E) Socio-technological change requires new forms of institutional arrangement........In my view, new Populations and technologies constitute socio-technological change and new prob arise with it, which require new institutions. Looks okay to me..

E Should be the assumption.

Where am I going wrong with my reasoning?


I do not like this question at all. What is the source? The argument itself doesn't sit very well and options make even lesser sense.
If the question is from a reputable source, request yenpham9 to put a screenshot of the exact question. Else, it is best to ignore it.


Thanks, VeritasKarishma. In fact, I realized E is reiterating the fact given in the argument. Not a good question to practice.

This Question is Locked Due to Poor Quality
Hi there,
The question you've reached has been archived due to not meeting our community quality standards. No more replies are possible here.
Looking for better-quality questions? Check out the 'Similar Questions' block below for a list of similar but high-quality questions.
Want to join other relevant Problem Solving discussions? Visit our Critical Reasoning (CR) Forum for the most recent and top-quality discussions.
Thank you for understanding, and happy exploring!
GMAT Club Bot
Re: Now problems require new solutions. And new problems arise with new po [#permalink]
Moderators:
GMAT Club Verbal Expert
6921 posts
GMAT Club Verbal Expert
238 posts
CR Forum Moderator
832 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne