It is currently 21 Oct 2017, 13:09

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

There is relatively little room for growth in the overall

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
Senior Manager
Senior Manager
User avatar
Joined: 26 Jun 2006
Posts: 439

Kudos [?]: 79 [0], given: 0

There is relatively little room for growth in the overall [#permalink]

Show Tags

New post 18 Feb 2008, 11:28
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions

HideShow timer Statistics

There is relatively little room for growth in the
overall carpet market, which is tied to the size of the
population. Most who purchase carpet do so only
once or twice, first in their twenties or thirties, and
then perhaps again in their fifties or sixties. Thus as
the population ages, companies producing carpet
will be able to gain market share in the carpet market
only through purchasing competitors, and not
through more aggressive marketing.

Which one of the following, if true, casts the most
doubt on the conclusion above?

(A) Most of the major carpet producers market
other floor coverings as well.

(B) Most established carpet producers market
several different brand names and varieties,
and there is no remaining niche in the
market for new brands to fill.

(C) Two of the three mergers in the industry’s last
ten years led to a decline in profits and
revenues for the newly merged companies.

(D) Price reductions, achieved by cost-cutting in
production, by some of the dominant firms
in the carpet market are causing other
producers to leave the market altogether.

(E) The carpet market is unlike most markets in
that consumers are becoming increasingly
resistant to new patterns and styles.
_________________

http://mba2010dreams.blogspot.com

Kudos [?]: 79 [0], given: 0

Director
Director
avatar
Joined: 05 Jan 2008
Posts: 685

Kudos [?]: 604 [0], given: 0

Re: interesting LSAT CR [#permalink]

Show Tags

New post 18 Feb 2008, 12:43
is the OA-B?
_________________

Persistence+Patience+Persistence+Patience=G...O...A...L

Kudos [?]: 604 [0], given: 0

Director
Director
avatar
Joined: 30 Jun 2007
Posts: 781

Kudos [?]: 183 [0], given: 0

Re: interesting LSAT CR [#permalink]

Show Tags

New post 18 Feb 2008, 16:34
Conclusion: As population ages, Carpet companies will be able to gain market through mergers not through aggressive marketing.
The answer that weakens this should address market growth through other means, definitely not as time goes by.


(A) Most of the major carpet producers market other floor coverings as well. [What of other most carpet companies makes is irrelevant to argument – eliminate it]

(B) Most established carpet producers market several different brand names and varieties,
and there is no remaining niche in the market for new brands to fill. [What are remaining carpet companies niche is irrelevant – eliminate it]

(C) Two of the three mergers in the industry’s last ten years led to a decline in profits and
revenues for the newly merged companies. [Profitability is out of the scope – eliminate it]

(D) Price reductions, achieved by cost-cutting in production, by some of the dominant firms
in the carpet market are causing other producers to leave the market altogether. [Hold it – this is showing other ways of capturing the market growth – hold it]

(E) The carpet market is unlike most markets in that consumers are becoming increasingly
resistant to new patterns and styles. [Carpet and other markets comparison is irrelevant]

Answer: D

Kudos [?]: 183 [0], given: 0

Senior Manager
Senior Manager
User avatar
Joined: 26 Jun 2006
Posts: 439

Kudos [?]: 79 [0], given: 0

Re: interesting LSAT CR [#permalink]

Show Tags

New post 18 Feb 2008, 18:48
Answer is (D) indeed. Good job !
_________________

http://mba2010dreams.blogspot.com

Kudos [?]: 79 [0], given: 0

Senior Manager
Senior Manager
User avatar
Joined: 06 Jul 2006
Posts: 291

Kudos [?]: 75 [0], given: 0

Location: SFO Bay Area
Schools: Berkeley Haas
Re: interesting LSAT CR [#permalink]

Show Tags

New post 19 Feb 2008, 01:27
D.

Kudos [?]: 75 [0], given: 0

Director
Director
avatar
Joined: 05 Jan 2008
Posts: 685

Kudos [?]: 604 [0], given: 0

Re: interesting LSAT CR [#permalink]

Show Tags

New post 20 Feb 2008, 23:16
Ah ! I got it
_________________

Persistence+Patience+Persistence+Patience=G...O...A...L

Kudos [?]: 604 [0], given: 0

Manager
Manager
User avatar
Joined: 02 Jan 2008
Posts: 193

Kudos [?]: 36 [0], given: 0

Location: Toronto
Re: interesting LSAT CR [#permalink]

Show Tags

New post 21 Feb 2008, 07:25
I chose C and its wrong. :(

Kudos [?]: 36 [0], given: 0

Re: interesting LSAT CR   [#permalink] 21 Feb 2008, 07:25
Display posts from previous: Sort by

There is relatively little room for growth in the overall

  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®.