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Prominent consumer product companies very often focus on

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Prominent consumer product companies very often focus on  [#permalink]

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New post 07 Sep 2017, 03:44
1
4
00:00
A
B
C
D
E

Difficulty:

  25% (medium)

Question Stats:

72% (01:22) correct 28% (01:59) wrong based on 120 sessions

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Prominent consumer product companies very often focus on defending what they already have. Consequently, they are not often innovative themselves and tend to underestimate the results of the innovations of others. The clearest example of this defensive strategy is the fact that ________.

A. A highly successful mobile phone model was introduced by the same company that had earlier introduced a model that had been a failure.
B. Wristwatches have eliminated the traditional market for pocket watches, clearing the way for the marketing of pocket watches as luxury or prestige items.
C. A once-successful manufacturer of typewriters reacted to the introduction of computers and laptops by trying to make better typewriters.
D. One of the first models of modern accounting machines , designed for use in the banking industry , was purchased by a hospital as well as by banks.
E. The inventor of a commonly used anaesthetic did not intend the product to be used by dentist , who currently account for almost the entire market for that drug.

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Re: Prominent consumer product companies very often focus on  [#permalink]

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New post 07 Sep 2017, 07:43
Its from OG-10 .. I will go with C.

Premise --tend to underestimate the results of the innovations of others..

C says Manufacture of typewriters reacted to the introduction of computers and laptops by trying to make better typewriters.
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Re: Prominent consumer product companies very often focus on  [#permalink]

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New post 07 Sep 2017, 07:49
will go with C here ...
it shows successful manufacturer of typewriter is not giving a damn to computers or laptops and is trying to make better type writer that is manufacturer's old product ... he/she sticking to his/her old successful product
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Re: Prominent consumer product companies very often focus on  [#permalink]

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New post 07 Sep 2018, 12:38
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

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Re: Prominent consumer product companies very often focus on &nbs [#permalink] 07 Sep 2018, 12:38
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