It is currently 22 Oct 2017, 00:07

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

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

The pace of new technology brings a constant stream of new

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

3 KUDOS received
Manager
Manager
avatar
Joined: 09 May 2009
Posts: 204

Kudos [?]: 262 [3], given: 13

The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 21 Dec 2009, 22:13
3
This post received
KUDOS
5
This post was
BOOKMARKED
00:00
A
B
C
D
E

Difficulty:

  45% (medium)

Question Stats:

57% (01:36) correct 43% (01:38) wrong based on 133 sessions

HideShow timer Statistics

The pace of new technology brings a constant stream of new devices to the market and many of them enjoy commercial success.But analysts warn that announcing new technology too soon after the introduction of a successful device can backfire: consumers may resent feeling pressured to spend money to replace a device they have just purchased, even if the new technology is clearly superior.The result is that consumers either do not buy the old device in anticipation of the new one, or they do not buy t he new device out of resentment over having already spent their money on the old one. So if a company wishes to introduce a new device, it should wait until purchases of the old device have begun to decline.

Which of the following, if true, would best support the claims made above?

a• New technology often becomes less expensive after an initial surge in sales.

b. Media outlets such as television and magazines often report on the planned introduction of new devices while sales of old devices are still strong.

c• Consumers are usually able to determine whether new technology is superior to current technology.

d• Surveys have shown that consumers prefer to make only one or two technology purchases per year.

e• Consumers tend to be loyal to technology companies whose products they enjoy using.

i am surprised by OA , will let u knw soon
[Reveal] Spoiler: OA

_________________

GMAT is not a game for losers , and the moment u decide to appear for it u are no more a loser........ITS A BRAIN GAME

Kudos [?]: 262 [3], given: 13

Intern
Intern
User avatar
Joined: 15 Dec 2009
Posts: 21

Kudos [?]: 8 [0], given: 14

Schools: Any offering one year MBA
WE 1: Information Tech
WE 2: Event Consultant for FIFA addi events and WC
Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 21 Dec 2009, 23:51
Good one.

IMO C.
_________________

K 4 KUDOS

Kudos [?]: 8 [0], given: 14

Manager
Manager
User avatar
Joined: 28 Jul 2009
Posts: 150

Kudos [?]: 247 [0], given: 4

Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 22 Dec 2009, 01:50
E for me

Kudos [?]: 247 [0], given: 4

Manager
Manager
avatar
Status: Applying
Joined: 19 Jul 2009
Posts: 148

Kudos [?]: 16 [0], given: 6

Location: United Kingdom
Concentration: General Management, Strategy
GPA: 3.65
WE: Consulting (Telecommunications)
Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 22 Dec 2009, 06:54
Not too sure :(

Please can someone post Expl. along with the OA...

Many Thanks....

Kudos [?]: 16 [0], given: 6

Manager
Manager
User avatar
Joined: 25 Aug 2009
Posts: 164

Kudos [?]: 201 [0], given: 3

Location: Streamwood IL
Schools: Kellogg(Evening),Booth (Evening)
WE 1: 5 Years
Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 22 Dec 2009, 11:27
Tough one-
C looks vaguely correct, but honestly I am clueless.
_________________

Rock On

Kudos [?]: 201 [0], given: 3

Manager
Manager
User avatar
Joined: 25 Aug 2009
Posts: 164

Kudos [?]: 201 [0], given: 3

Location: Streamwood IL
Schools: Kellogg(Evening),Booth (Evening)
WE 1: 5 Years
Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 22 Dec 2009, 12:55
On second thought I pick B
Reason: Inconsistent punctuation after the alphabet choice :-D .
_________________

Rock On

Kudos [?]: 201 [0], given: 3

Expert Post
Math Forum Moderator
avatar
P
Joined: 02 Aug 2009
Posts: 4989

Kudos [?]: 5508 [0], given: 112

Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 22 Dec 2009, 13:02
E...
if they are loyal they will stick to the coy and buy its new technology when it comes...
but if they are not they will easily switch over to any competitors product.
_________________

Absolute modulus :http://gmatclub.com/forum/absolute-modulus-a-better-understanding-210849.html#p1622372
Combination of similar and dissimilar things : http://gmatclub.com/forum/topic215915.html

Kudos [?]: 5508 [0], given: 112

Senior Manager
Senior Manager
avatar
Joined: 16 Apr 2009
Posts: 317

Kudos [?]: 153 [0], given: 14

Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 22 Dec 2009, 20:08
This question is tough and i think in 700 bracket

Anyway , my take is B

Conclusion:-
if a company wishes to introduce a new device, it should wait until purchases of the old device have begun to decline.
Option B suggests that introducing planned introduction of new devices while sales of old devices are still strong will lead to consumers resentment and impact on sales
_________________

Always tag your question

Kudos [?]: 153 [0], given: 14

Intern
Intern
User avatar
Joined: 15 Dec 2009
Posts: 21

Kudos [?]: 8 [0], given: 14

Schools: Any offering one year MBA
WE 1: Information Tech
WE 2: Event Consultant for FIFA addi events and WC
Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 22 Dec 2009, 23:35
C bcoz

consumers may resent feeling pressured to spend money to replace a device they have just purchased, even if the new technology is clearly superior

A Consumer would try to replace a device if he or she thinks it is outdated. This means that the consumer would have some knowledge of the technology that he or she is using now to that is currently available in the market.

OA ??
_________________

K 4 KUDOS

Kudos [?]: 8 [0], given: 14

Manager
Manager
avatar
Joined: 09 May 2009
Posts: 204

Kudos [?]: 262 [0], given: 13

Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 23 Dec 2009, 02:05
OA is B

hope explanation in this link will help u , the way it helped me to understand the logic

http://www.beatthegmat.com/pace-of-new- ... 49567.html
_________________

GMAT is not a game for losers , and the moment u decide to appear for it u are no more a loser........ITS A BRAIN GAME

Kudos [?]: 262 [0], given: 13

BSchool Forum Moderator
avatar
Joined: 02 Oct 2009
Posts: 589

Kudos [?]: 449 [0], given: 412

GMAT 1: 530 Q47 V17
GMAT 2: 710 Q50 V36
WE: Business Development (Telecommunications)
GMAT ToolKit User Premium Member Reviews Badge
The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 10 May 2010, 02:34
The pace of new technology brings a constant stream of new devices to the market and many of them enjoy commercial success.But analysts warn that announcing new technology too soon after the introduction of a successful device can backfire: consumers may resent feeling pressured to spend money to replace a device they have just purchased, even if the new technology is clearly superior. The result is that consumers either do not buy the old device in anticipation of the new one, or they do not buy the new device out of resentment over having already spent their money on the old one. So if a company wishes to introduce a new device, it should wait until purchases of the old device have begun to decline.

Which of the following, if true, would best support the claims made above?

a· New technology often becomes less expensive after an initial surge in sales.

b. Media outlets such as television and magazines often report on the planned introduction of new devices while sales of old devices are still strong.

c· Consumers are usually able to determine whether new technology is superior to current technology.

d· Surveys have shown that consumers prefer to make only one or two technology purchases per year.

e· Consumers tend to be loyal to technology companies whose products they enjoy using.

Kudos [?]: 449 [0], given: 412

Intern
Intern
avatar
Joined: 27 Apr 2010
Posts: 3

Kudos [?]: 1 [0], given: 0

Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 10 May 2010, 08:21
RaviChandra wrote:
The pace of new technology brings a constant stream of new devices to the market and many of them enjoy commercial success.But analysts warn that announcing new technology too soon after the introduction of a successful device can backfire: consumers may resent feeling pressured to spend money to replace a device they have just purchased, even if the new technology is clearly superior.The result is that consumers either do not buy the old device in anticipation of the new one, or they do not buy t he new device out of resentment over having already spent their money on the old one. So if a company wishes to introduce a new device, it should wait until purchases of the old device have begun to decline.

Which of the following, if true, would best support the claims made above?

a· New technology often becomes less expensive after an initial surge in sales.

b. Media outlets such as television and magazines often report on the planned introduction of new devices while sales of old devices are still strong.

c· Consumers are usually able to determine whether new technology is superior to current technology.

d· Surveys have shown that consumers prefer to make only one or two technology purchases per year.

e· Consumers tend to be loyal to technology companies whose products they enjoy using.





Hi !!!!...

Is the right answer "D"...

Didnt see any answers given for the ques. :)

Kudos [?]: 1 [0], given: 0

Senior Manager
Senior Manager
avatar
Joined: 01 Feb 2010
Posts: 251

Kudos [?]: 61 [0], given: 2

Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 10 May 2010, 08:55
RaviChandra wrote:
The pace of new technology brings a constant stream of new devices to the market and many of them enjoy commercial success.But analysts warn that announcing new technology too soon after the introduction of a successful device can backfire: consumers may resent feeling pressured to spend money to replace a device they have just purchased, even if the new technology is clearly superior.The result is that consumers either do not buy the old device in anticipation of the new one, or they do not buy t he new device out of resentment over having already spent their money on the old one. So if a company wishes to introduce a new device, it should wait until purchases of the old device have begun to decline.

Which of the following, if true, would best support the claims made above?

a· New technology often becomes less expensive after an initial surge in sales.: Not relevant

b. Media outlets such as television and magazines often report on the planned introduction of new devices while sales of old devices are still strong. Against conclusion

c· Consumers are usually able to determine whether new technology is superior to current technology. Not relevant

d· Surveys have shown that consumers prefer to make only one or two technology purchases per year. Support

e· Consumers tend to be loyal to technology companies whose products they enjoy using.Not relevant


Conclusion is "consumers either do not buy the old device in anticipation of the new one, or they do not buy t he new device out of resentment over having already spent their money on the old one"

Kudos [?]: 61 [0], given: 2

BSchool Forum Moderator
avatar
Joined: 02 Oct 2009
Posts: 589

Kudos [?]: 449 [0], given: 412

GMAT 1: 530 Q47 V17
GMAT 2: 710 Q50 V36
WE: Business Development (Telecommunications)
GMAT ToolKit User Premium Member Reviews Badge
Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 10 May 2010, 09:22
no its not D :?

Kudos [?]: 449 [0], given: 412

Manager
Manager
avatar
Joined: 04 May 2009
Posts: 125

Kudos [?]: 61 [0], given: 10

Location: London
Schools: Haas (WL), Kellogg (matricultating), Stanford (R2, ding), Columbia (ding)
WE 1: 3 years hotel industry sales and marketing France
WE 2: 3 years financial industry marketing UK
Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 10 May 2010, 13:09
bangalorian2000 wrote:
RaviChandra wrote:
The pace of new technology brings a constant stream of new devices to the market and many of them enjoy commercial success.But analysts warn that announcing new technology too soon after the introduction of a successful device can backfire: consumers may resent feeling pressured to spend money to replace a device they have just purchased, even if the new technology is clearly superior.The result is that consumers either do not buy the old device in anticipation of the new one, or they do not buy t he new device out of resentment over having already spent their money on the old one. So if a company wishes to introduce a new device, it should wait until purchases of the old device have begun to decline.

Which of the following, if true, would best support the claims made above?

a· New technology often becomes less expensive after an initial surge in sales.: Not relevant

b. Media outlets such as television and magazines often report on the planned introduction of new devices while sales of old devices are still strong. Against conclusion

c· Consumers are usually able to determine whether new technology is superior to current technology. Not relevant

d· Surveys have shown that consumers prefer to make only one or two technology purchases per year. Support

e· Consumers tend to be loyal to technology companies whose products they enjoy using.Not relevant


Conclusion is "consumers either do not buy the old device in anticipation of the new one, or they do not buy t he new device out of resentment over having already spent their money on the old one"


Bangalorian, I think you misunderstood the conclusion. I believe the conclusion is "So if a company wishes to introduce a new device, it should wait until purchases of the old device have begun to decline."

We need to find an answer choice that will support the claim that companies should introduce a new device only when sales of the old device are decreasing.

Looking at answer choices:
A: not relevant
B: it says that media announce the plans for new devices when sales of old devices are still strong. The word announce is very important here because it means that plans for new devices are announced to consumers who will then stop purchasing the old device to wait for the new (as the argument suggests). Sales of the old device will drop and it will be a good time to launch the new device soon. Correct answer
C: completely irrelevant
D: that doesn't support neither weakens the argument's conclusion. Knowing that consumers make only one or two pruchases a year doesn't mean that they won't buy a new device after having bought an old one as we do not know what timeline is between the old and new
E: that would rather weaken


OA please?
_________________

Yes I can!

Kudos [?]: 61 [0], given: 10

1 KUDOS received
Manhattan Prep Instructor
User avatar
Affiliations: ManhattanGMAT
Joined: 21 Jan 2010
Posts: 347

Kudos [?]: 1644 [1], given: 11

Location: San Francisco
Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 10 May 2010, 19:33
1
This post received
KUDOS
Hey All,

I was private messaged about this question, so I'm here to do my best with it. I've seen it before, but it's never been one of my favorites. Anyone know where it's from (maybe it's MGMAT!). Let's take a look:

The pace of new technology brings a constant stream of new devices to the market and many of them enjoy commercial success. But analysts warn that announcing new technology too soon after the introduction of a successful device can backfire: consumers may resent feeling pressured to spend money to replace a device they have just purchased, even if the new technology is clearly superior. The result is that consumers either do not buy the old device in anticipation of the new one, or they do not buy t he new device out of resentment over having already spent their money on the old one. So if a company wishes to introduce a new device, it should wait until purchases of the old device have begun to decline.

Conclusion: If introducing a new device, don't ANNOUNCE until old device purchases down.
Premise: Consumers don't want to buy new tech soon after old tech. This means they don't buy old tech if they know new tech is coming.

We want to strengthen this argument.

a· New technology often becomes less expensive after an initial surge in sales.
PROBLEM: We don't actually care about the amount of money made, only all the sales.

b. Media outlets such as television and magazines often report on the planned introduction of new devices while sales of old devices are still strong.
ANSWER: If media outlets report new devices even while sales of old devices are strong, then announcing it is super dangerous, because word will get out and people will stop buying the old product. Best not to announce until old sales have gone down, because then the coverage won't hurt the old device sales.

c· Consumers are usually able to determine whether new technology is superior to current technology.
PROBLEM: The issue isn't about what's better, just newer.

d· Surveys have shown that consumers prefer to make only one or two technology purchases per year.
PROBLEM: This strengthens the idea of not releasing technology too often, not the notion that one should wait to announce something until old sales are down.

e· Consumers tend to be loyal to technology companies whose products they enjoy using.
PROBLEM: This has nothing to do with loyalty at all. The question is if people will keep buying new products from the same company if they know that something better is coming.

Hope that helps!

-tommy
_________________


Tommy Wallach | Manhattan GMAT Instructor | San Francisco


Manhattan GMAT Discount | Manhattan GMAT Reviews

Kudos [?]: 1644 [1], given: 11

Senior Manager
Senior Manager
User avatar
Joined: 25 Feb 2010
Posts: 450

Kudos [?]: 110 [0], given: 10

Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 11 May 2010, 10:27
I'll got with B
_________________

GGG (Gym / GMAT / Girl) -- Be Serious

Its your duty to post OA afterwards; some one must be waiting for that...

Kudos [?]: 110 [0], given: 10

Intern
Intern
avatar
Status: Work hard, Play harder!
Joined: 10 Apr 2010
Posts: 20

Kudos [?]: 1 [0], given: 19

Location: Dublin, Ireland
Schools: INSEAD, LBS, RSM
Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 19 May 2010, 00:28
Is it D?

Kudos [?]: 1 [0], given: 19

Manager
Manager
avatar
Joined: 16 Feb 2010
Posts: 179

Kudos [?]: 34 [0], given: 17

Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 19 May 2010, 03:58
B must be the answer ....

Kudos [?]: 34 [0], given: 17

Manager
Manager
User avatar
Joined: 04 Feb 2009
Posts: 237

Kudos [?]: 26 [0], given: 20

Location: Ukraine
Schools: Ross 2013
WE 1: Pharmaceutical industry 5 years, C level
GMAT ToolKit User
Re: The pace of new technology brings a constant stream of new [#permalink]

Show Tags

New post 28 May 2010, 05:51
yup,
it is for the reason explained by TommyWallach.
there is nothing to add

Kudos [?]: 26 [0], given: 20

Re: The pace of new technology brings a constant stream of new   [#permalink] 28 May 2010, 05:51

Go to page    1   2   3    Next  [ 44 posts ] 

Display posts from previous: Sort by

The pace of new technology brings a constant stream of new

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

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

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.