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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
Fellow readers,

For Question 7, I got stuck between A and B, but I chose B because of the following 2 reasons -
Choice A does give us some reason of possible consequence of a company’s adoption of innovations that increase its ecoefficiency?. However, this choice goes little out of scope, as it uses "company with no guarantee that the company will continue to make further improvements in ecoefficiency."
Choice B is clearly in line with the passage -"Such innovations reduce production waste but do not alter the number of products manufactured nor the waste generated from their use and discard". Here alter definitely means reduce (because increase will not make any sense).
So I felt more confident with choice B. Might help you too.. :)
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
gmatlbs wrote:
mamathak wrote:
manishgeorge wrote:
I have a question on #7.. Majority is going for answer B. But I am not understanding why that is a viable answer because. The passage suggests that the reduction in costs will not alter the total number of products being manufactured.

The last sentence says that Focusing
exclusively on ecoefficiency,
(50) which offers a compelling
business case according
to established thinking, may
distract companies from
pursuing radically different
(55) products and business
models.

That is the case unless the authors suggestions is adopted, correct. So I am getting the answer as E.

they will stops innovations.


Hi,

Even i chose E instead of B for the same reason. In option E, there is no content that goes against what is mentioned in the passage. But option B clearly mentions "manufacture greater number of products" which goes against the line " do not alter the number of products manufactured" in the passage. Can someone clarify?


IMO : OPTION E : A company that meets its ecoefficiency goals is unlikely to invest its increased profits in the development of new and innovative ecoefficiency measures.

Point#1 :new and innovative "ecoefficiency" measures-
last sentence of passage mentions "distract companies from pursuing radically differentproducts and business models", whereas as mentioned in first sentence "Ecoefficiency (measures to minimize environmental impact through the reduction or elimination of waste from production processes".
second last sentence - "approach that reduces total material use and total accumulated waste"
Hence , "ecoefficiency" measures does not stand .
Point#2 :company that meets its ecoefficiency goals -
no where passage deals with meeting the goal or not.

B is almost discussed throughout the passage -
Even a vastly more ecoefficient industrial system could, were it to grow much larger, generate more total waste and destroy more habitat and species than would a smaller, less ecoefficient economy.
when production waste is reduced due to ecoefficient measures then the only source of increasing waste is more products.

hence we can reject E and go ahead with B.


Both B and E are almost correct. E is lacking the referrence of "meeting the goal or not" in the passage, but B stands in contrast to "not alter the total number of products." Its misguiding! The answer should not be partially correct. The increase in waste is not only caused by more products, but also by the "waste generated from their use and discard." Question 7 is simply incorrectly stated.
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
Hi - I have a question on why C is correct

The answer choice was : C. present a concern about the possible consequences of pursuing a particular business strategy

Question : why is this correct when the author has multiple concerns --- not only one concern.

The multiple concerns were :

--- profit created and that would be lead to investing in not so efficient companies
--- Even a vastly more ecoefficient industrial system could, were it to grow much larger, generate more total waste and destroy ...
--- Focusing exclusively on ecoefficiency, which offers a compelling business case according to established thinking, may distract
companies from pursuing radically different products and business models.


Are these not multiple concerns ?

thank you !
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
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jabhatta@umail.iu.edu wrote:
Hi - I have a question on why C is correct

The answer choice was : C. present a concern about the possible consequences of pursuing a particular business strategy

Question : why is this correct when the author has multiple concerns --- not only one concern.

The multiple concerns were :

--- profit created and that would be lead to investing in not so efficient companies
--- Even a vastly more ecoefficient industrial system could, were it to grow much larger, generate more total waste and destroy ...
--- Focusing exclusively on ecoefficiency, which offers a compelling business case according to established thinking, may distract
companies from pursuing radically different products and business models.


Are these not multiple concerns ?

thank you !

Allow me to answer your query:
While you have identified the points of the author, you missed the root of this discussion. Author started his arguments by quoting Peter Senge and Goran Carstedt point of view where they enlist A CONCERN i.e.: simply adopting ecoefficiency innovations could actually worsen environmental stresses in the future. Author agrees with the point and goes on to elaborate how this will come about. These are listed by you above. So the bigger picture is author explaining how environmental stress will come about and how is it going to impact business and industries, etc.

Hope this helps.
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
Imo C present a concern about the possible consequences of pursuing a particular business strategy

A. explain why a particular business strategy has been less successful than was once anticipated Not mentioned in the passage
B. propose an alternative to a particular business strategy that has inadvertently caused ecological damage Out of scope
D. make a case for applying a particular business strategy on a larger scale than is currently practiced Not mentioned in the passage
E. suggest several possible outcomes of companies’ failure to understand the economic impact of a particular business strategy
Out of scope
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
Passage notes:

1) Ecoefficiency: Goal for companies
Why? Cost savings
2) P & G see eco....as LAUDABLE

But (contrast): Will worsen environment because the no. of products and waste remain same.

Real reason why companies are going for eco.....: Profits and growth
Moreover (continuation on the same line): Investment issues

3) Suggestion by P & G: Focus SHOULD not be EXCLUSIVELY on ecoefficiency.

409. C
410. D
411. B


Looking forward to your reply

Thanks

Originally posted by Shiv2016 on 29 Jun 2017, 03:01.
Last edited by Shiv2016 on 29 Sep 2017, 09:36, edited 1 time in total.
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
chesstitans wrote:
D is the answer for question 6? (number 3)
I thought it would be C

Hello chesstitans & soumya170293,

The option C has been subtly differed from what is expected.

Text from passage - ....since in today’s global markets, greater profits may be turned into investment capital that could easily be reinvested in old-style eco-inefficient industries. - talks about reinvestment in (other) old eco-inefficient industries.

Q6:
The passage mentions which of the following as a possible consequence of companies’
realization of greater profits through ecoefficiency?

C. The profits may be reinvested to increase economic growth through ecoefficiency. - suggests re-investment in own company to increase growth.
D. The profits may be used as investment capital for industries that are not
ecoefficient. - clearly suggests reinvestment in other eco-inefficient industries.

Hope it helps
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
Can someone please explain why the primary purpose if the Passage cannot be A . I'm still confused. I could narrow down to A and C but i selected A since peter and Carstedt say that how companies adopted the Ecoefficiency to increase their profits but whereas the original goal of the plan was not that. so that's the reason i chose Option A.
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
Experts please explain question 3. According to me it should be E because the companies are re-investing and not making eco-efficient products. The OA is B and I am confused. The passage says "they do not alter the number of products manufactured". How can this mean that the no. pf products are increasing (as mentioned in choice B). I clearly think E is the best choice .
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
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rohitjha12 wrote:
Experts please explain question 3. According to me it should be E because the companies are re-investing and not making eco-efficient products. The OA is B and I am confused. The passage says "they do not alter the number of products manufactured". How can this mean that the no. pf products are increasing (as mentioned in choice B). I clearly think E is the best choice .


3. The passage implies that which of the following is a possible consequence of a company’s adoption of innovations that increase its ecoefficiency? --- ans lies in following lines. ------ Even a vastly more ecoefficient industrial system could, were it to grow much larger, generate more total waste and destroy more habitat and species than would a smaller, less ecoefficient economy.

This matches B. Hope this helps.
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
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aragonn wrote:
rohitjha12 wrote:
Experts please explain question 3. According to me it should be E because the companies are re-investing and not making eco-efficient products. The OA is B and I am confused. The passage says "they do not alter the number of products manufactured". How can this mean that the no. pf products are increasing (as mentioned in choice B). I clearly think E is the best choice .


3. The passage implies that which of the following is a possible consequence of a company’s adoption of innovations that increase its ecoefficiency? --- ans lies in following lines. ------ Even a vastly more ecoefficient industrial system could, were it to grow much larger, generate more total waste and destroy more habitat and species than would a smaller, less ecoefficient economy.

This matches B. Hope this helps.

Thanks aragonn for the explanation!

rohitjha12, if you still have questions, feel free to use the request verbal experts' reply button again.
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
Many comments on this thread are speaking about various questions (Q4, Q7), but I cannot see more than three questions for this passage. Is there any other thread which was merged by any moderator?
It just confused me and I was wondering if there are a few more questions, then I could practice more on this passage.

Please help. Thanks.
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
Debrief:
Time: ~ 10 mins. Results: 2/3 Correct.

I am going to focus on the one question that I got incorrect here, so I can improve and get it right on the exam.

Question 1. Main point.
Correct answer C. My answer was E. In my note, I wrote C yes and I do not know why once I read E, I choose E on the screen.
Learning moment: dude, just because answer E has some strong words (eg failure, and the most striking examples on the passage (at least for me) was the "negatives", it does not render it to be wholly negative. The passage also has some positive points on how the profits from the ecoefficient business is going to be put to work.

Answer C is more apt, because the keywords was " concern ".
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
I was confused between B and C in 1st question and finally chose B. Still can't understand why it can't be B. In the end, the author says: "Senge and Carstedt argue that to preserve the global environment and sustain economic growth, businesses must develop a new systemic approach that reduces total material use and total accumulated waste. Focusing exclusively on ecoefficiency, which offers a compelling business case according to established thinking, may distract companies from pursuing radically different products and business models." So I can conclude that the author offers an alternative, summarizing vague consequences of the current model. What's wrong with my reasoning, guys? 
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Re: Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
businesses must develop a new systemic approach that reduces total material use and total accumulated waste. Focusing exclusively on ecoefficiency, which offers a compelling business case according to established thinking, may distract companies from pursuing radically different products and business models.
i doubt that this is mean that he offer an alternative ........... can anyone explain please
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Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
Hi Experts,

The primary purpose of the passage is to
A. explain why a particular business strategy has been less successful than was once anticipated
B. propose an alternative to a particular business strategy that has inadvertently caused ecological damage
C. present a concern about the possible consequences of pursuing a particular business strategy
D. make a case for applying a particular business strategy on a larger scale than is currently practiced
E. suggest several possible outcomes of companies??? failure to understand the economic impact of a particular business strategy

Would you please explain the approach for this question. I cant able to figure out why OA is C instead of B. The passage states that though companies are implementing ecoefficient strategies, eventually they are leading to more environmental damage because of using more products and discarding them. Isn't the last sentence in the passage proposing an alternative?
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Ecoefficiency (measures to minimize environmental impact through the r [#permalink]
Dear VeritasKarishma DmitryFarber MartyTargetTestPrep GMATGuruNY GMATNinja GMATninja2,
vksunder wrote:
2. The passage mentions which of the following as a possible consequence of companies’ realization of greater profits through ecoefficiency?

(A) The companies may be able to sell a greater number of products by lowering prices.
(B) The companies may be better able to attract investment capital in the global market.
(C) The profits may be reinvested to increase economic growth through ecoefficiency.
(D) The profits may be used as investment capital for industries that are not ecoefficient.
(E) The profits may encourage companies to make further innovations in reducing production waste.

DOUBT 1. Does choice C. and E. convey the same meaning?
I think the highlighted parts are very similar.

vksunder wrote:
3. The passage implies that which of the following is a possible consequence of a company’s adoption of innovations that increase its ecoefficiency?

(A) Company profits resulting from such innovations may be reinvested in that company with no guarantee that the company will continue to make further improvements in ecoefficiency.
(B) Company growth fostered by cost savings from such innovations may allow that company to manufacture a greater number of products that will be used and discarded, thus worsening environmental stress.
(C) A company that fails to realize significant cost savings from such innovations may have little incentive to continue to minimize the environmental impact of its production processes.
(D) A company that comes to depend on such innovations to increase its profits and growth may be vulnerable in the global market to competition from old-style eco-inefficient industries.
(E) A company that meets its ecoefficiency goals is unlikely to invest its increased profits in the development of new and innovative ecoefficiency measures.


DOUBT 2.I think Q2 choice C. and E. are the opposite of Q3 choice E.
That means if Q2 choice C. and E. are wrong, Q3 choice E. should be right because they are the polar opposite of each other right? (Either side has to be right!)

More specifically, why can't we infer Q3 choice E. from this part of the passage:
Quote:
in today’s global markets, greater profits may be turned into investment capital that could easily be reinvested in old-style eco-inefficient industries.
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