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# Transnational cooperation among corporations is experiencing

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Manager
Joined: 02 Jul 2004
Posts: 217

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Transnational cooperation among corporations is experiencing [#permalink]

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28 Jul 2004, 01:40
00:00

Difficulty:

(N/A)

Question Stats:

50% (01:29) correct 50% (01:32) wrong based on 2 sessions

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Transnational cooperation among corporations is experiencing a model renaissance among United States firms, even though projects undertaken by two or more corporations under a collaborative agreement are less
profitable than projects undertaken by a singly corporation . The advantage of transnational cooperation is that such joint international projects may allow United States firms to win foreign contracts that they would not otherwise be able to win.

Which of the following can be inferred from the passage above?

(A) Transnational cooperation involves projects too big for a single corporation to handle.
(B) Transnational cooperation results in a pooling of resources leading to high-quality performance.
(C) Transnational cooperation has in the past been both more common and less common than it is now among United States firms.
(D) Joint projects between United States and foreign corporation are not profitable enough to be worth undertaking.
(E) Joint projects between United States and foreign corporations benefit only those who commission the projects.

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Senior Manager
Joined: 26 Jan 2004
Posts: 400

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

Location: India

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28 Jul 2004, 01:46
By POE, (C) should be the answer.

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Manager
Joined: 19 Jul 2004
Posts: 75

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28 Jul 2004, 02:55
C seems to be OK, but confusing....more common and less common..
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To Strive, To Seek and Not to Yield

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GMAT Club Legend
Joined: 15 Dec 2003
Posts: 4284

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28 Jul 2004, 04:44
clearly C. "renaissance" means that such cooperation was more common in some distant past. It then declined and is now popular again as the passage states.
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Best Regards,

Paul

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Manager
Joined: 02 Jul 2004
Posts: 217

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28 Jul 2004, 08:31
OA is C

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28 Jul 2004, 08:31
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# Transnational cooperation among corporations is experiencing

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