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Recent years have brought minority-owned businesses in the

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Re: Recent years have brought minority-owned businesses in the [#permalink]

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New post 02 Sep 2014, 19:49
I did this RC and scored 6/8. My concern is with Q4. As per my understanding the answer should be C. Can anyone help with the detailed explanation please. I tried a lot but could not figure out the answer A as mentioned in the OA. Pls help.

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New post 26 Sep 2014, 16:01
Can somebody please explain why question 6 - ans b, because their is no mention/ indication that it was more specific.

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New post 02 Jun 2015, 21:04
Quote:
I think Q4 has a mix up. The passage clearly indicates that small businesses that cannot get bids turned to orders soon can face frustration.

I have same guess on Q4 , any suggestions ?

I believe Q4 is talking about "small businesses" not "big businesses" ....
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New post 03 Jul 2016, 22:22
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New post 04 Apr 2017, 14:16
very Nice post. I like it.
Thanks for sharing.

Posted from my mobile device

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New post 12 Oct 2017, 07:00
UJs wrote:
Quote:
I think Q4 has a mix up. The passage clearly indicates that small businesses that cannot get bids turned to orders soon can face frustration.

I have same guess on Q4 , any suggestions ?

I believe Q4 is talking about "small businesses" not "big businesses" ....


Text from passage - ... If, thereafter, their subcontracts are for some reason reduced, such firms can face potentially crippling fixed expenses. ....

What this means with respect to the question--
If the bids fail for small companies, they will incur fixed prices. You may imagine that a small company has rented a place for completing a large number of orders. Suddenly they have stopped receiving such orders, they still will have to pay the rent(fixed price) that is not the case with large companies as they usually have many rented place and multiple orders. So if one bid fails, sure, they will be annoyed or frustrated but will never we financially harmed unlike the smaller ones.

Great passage.Got all right but one, in 13 minutes. Loved this question 4 particularly- had tricked me too. :)

Hope it helps.
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