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Analyst: This corporation is currently putting all its efforts into maximizing short-term profits. Whatever happened to our traditional philosophy of slow, steady growth and emphasis on long-term profitability? One aspect of the problem is seen in simple mathematics. Of our 57 district managers, only 7 have been with the corporation for five years or more. In addition, only 5 of our 16 vice-presidents and only 2 of the 9 members of the board of directors have been with the corporation for five years.
Which of the following conclusions does the author of this passage most probably want the reader to draw?
  • a)
    The corporation needs to seek leadership from outside sources if it is to remain profitable in the long run.
  • b)
    One of the reasons that the corporation's traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.
  • c)
    The only reason that the corporation's traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.
  • d)
    The corporation's traditional financial goals are outmoded.
  • e)
    Even though the corporation's traditional financial goals are being ignored, company management has made great strides by bringing in leadership from outside sources.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Analyst: This corporation is currently putting all its efforts into ma...
Option A suggests that the corporation needs leadership from outside sources to remain profitable in the long run. While the passage does mention a lack of experienced individuals in high-ranking positions, it does not explicitly state that seeking leadership from outside sources is necessary for long-term profitability. This option goes beyond the information provided and is not directly supported by the passage.
Option B reflects the information presented in the passage. It acknowledges that very few high-ranking employees have significant experience with the corporation, which may contribute to the corporation's departure from its traditional financial goals. This conclusion aligns with the author's concerns about the lack of experienced individuals and their potential impact on the corporation's decision-making.
Option C claims that the only reason the corporation's traditional financial goals have been ignored is the lack of experience among high-ranking employees. This conclusion goes beyond the information presented, as there may be other factors influencing the corporation's current focus on short-term profits. The passage does not provide enough evidence to support this extreme conclusion.
Option D suggests that the corporation's traditional financial goals are outmoded. While the passage highlights a departure from these goals, it does not explicitly state that they are outdated. This conclusion goes beyond the information provided.
Option E proposes that the corporation has made strides by bringing in leadership from outside sources, despite ignoring its traditional financial goals. This conclusion introduces new information not mentioned in the passage and cannot be inferred.
Among the given options, option B aligns most closely with the concerns expressed in the passage. It reflects the lack of experienced employees and their potential impact on the corporation's traditional financial goals. Therefore, the author most probably wants the reader to draw the conclusion presented in option B.
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Comparable worth, as a standard applied to eliminate inequities in pay, insists that the values of certain tasks performed in dissimilar jobs can be compared. In the last decade, this approach has become a critical social policy issue, as large numbers of private-sector firms and industries as well as federal, state, and local governmental entities have adopted comparable worth policies or begun to consider doing so.This widespread institutional awareness of comparable worth indicates increased public awareness that pay inequities—that is, situations in which pay is not "fair" because it does not reflect the true value of a job—exist in the labor market. However, the question still remains: have the gains already made in pay equity under comparable worth principles been of a precedent-setting nature or are they mostly transitory, a function of concessions made by employers to mislead female employees into believing that they have made long-term pay equity gains?Comparable worth pay adjustments are indeed precedent-setting. Because of the principles driving them, other mandates that can be applied to reduce or eliminate unjustified pay gaps between male and female workers have not remedied perceived pay inequities satisfactorily for the litigants in cases in which men and women hold different jobs. But whenever comparable worth principles are applied to pay schedules, perceived unjustified pay differences are eliminated. In this sense then, comparable worth is more comprehensive than other mandates, such as the Equal Pay Act of 1963 and Title VII of the Civil Rights Act of 1964. Neither compares tasks in dissimilar jobs (that is, jobs across occupational categories) in an effort to determine whether or not what is necessary to perform these tasks—know-how, problem-solving, and accountability—can be quantified in terms of its dollar value to the employer. Comparable worth, on the other hand, takes as its premise that certain tasks in dissimilar jobs may require a similar amount of training, effort, and skill; may carry similar responsibility; may be carried on in an environment having a similar impact upon the worker; and may have a similar dollar value to the employer.Which of the following best describes an application of the principles of comparable worth as they are described in the passage?

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Analyst: This corporation is currently putting all its efforts into maximizing short-term profits. Whatever happened to our traditional philosophy of slow, steady growth and emphasis on long-term profitability? One aspect of the problem is seen in simple mathematics. Of our 57 district managers, only 7 have been with the corporation for five years or more. In addition, only 5 of our 16 vice-presidents and only 2 of the 9 members of the board of directors have been with the corporation for five years.Which of the following conclusions does the author of this passage most probably want the reader to draw?a)The corporation needs to seek leadership from outside sources if it is to remain profitable in the long run.b)One of the reasons that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.c)The only reason that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.d)The corporations traditional financial goals are outmoded.e)Even though the corporations traditional financial goals are being ignored, company management has made great strides by bringing in leadership from outside sources.Correct answer is option 'B'. Can you explain this answer?
Question Description
Analyst: This corporation is currently putting all its efforts into maximizing short-term profits. Whatever happened to our traditional philosophy of slow, steady growth and emphasis on long-term profitability? One aspect of the problem is seen in simple mathematics. Of our 57 district managers, only 7 have been with the corporation for five years or more. In addition, only 5 of our 16 vice-presidents and only 2 of the 9 members of the board of directors have been with the corporation for five years.Which of the following conclusions does the author of this passage most probably want the reader to draw?a)The corporation needs to seek leadership from outside sources if it is to remain profitable in the long run.b)One of the reasons that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.c)The only reason that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.d)The corporations traditional financial goals are outmoded.e)Even though the corporations traditional financial goals are being ignored, company management has made great strides by bringing in leadership from outside sources.Correct answer is option 'B'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about Analyst: This corporation is currently putting all its efforts into maximizing short-term profits. Whatever happened to our traditional philosophy of slow, steady growth and emphasis on long-term profitability? One aspect of the problem is seen in simple mathematics. Of our 57 district managers, only 7 have been with the corporation for five years or more. In addition, only 5 of our 16 vice-presidents and only 2 of the 9 members of the board of directors have been with the corporation for five years.Which of the following conclusions does the author of this passage most probably want the reader to draw?a)The corporation needs to seek leadership from outside sources if it is to remain profitable in the long run.b)One of the reasons that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.c)The only reason that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.d)The corporations traditional financial goals are outmoded.e)Even though the corporations traditional financial goals are being ignored, company management has made great strides by bringing in leadership from outside sources.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Analyst: This corporation is currently putting all its efforts into maximizing short-term profits. Whatever happened to our traditional philosophy of slow, steady growth and emphasis on long-term profitability? One aspect of the problem is seen in simple mathematics. Of our 57 district managers, only 7 have been with the corporation for five years or more. In addition, only 5 of our 16 vice-presidents and only 2 of the 9 members of the board of directors have been with the corporation for five years.Which of the following conclusions does the author of this passage most probably want the reader to draw?a)The corporation needs to seek leadership from outside sources if it is to remain profitable in the long run.b)One of the reasons that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.c)The only reason that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.d)The corporations traditional financial goals are outmoded.e)Even though the corporations traditional financial goals are being ignored, company management has made great strides by bringing in leadership from outside sources.Correct answer is option 'B'. Can you explain this answer?.
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In addition, only 5 of our 16 vice-presidents and only 2 of the 9 members of the board of directors have been with the corporation for five years.Which of the following conclusions does the author of this passage most probably want the reader to draw?a)The corporation needs to seek leadership from outside sources if it is to remain profitable in the long run.b)One of the reasons that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.c)The only reason that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.d)The corporations traditional financial goals are outmoded.e)Even though the corporations traditional financial goals are being ignored, company management has made great strides by bringing in leadership from outside sources.Correct answer is option 'B'. 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In addition, only 5 of our 16 vice-presidents and only 2 of the 9 members of the board of directors have been with the corporation for five years.Which of the following conclusions does the author of this passage most probably want the reader to draw?a)The corporation needs to seek leadership from outside sources if it is to remain profitable in the long run.b)One of the reasons that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.c)The only reason that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.d)The corporations traditional financial goals are outmoded.e)Even though the corporations traditional financial goals are being ignored, company management has made great strides by bringing in leadership from outside sources.Correct answer is option 'B'. 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In addition, only 5 of our 16 vice-presidents and only 2 of the 9 members of the board of directors have been with the corporation for five years.Which of the following conclusions does the author of this passage most probably want the reader to draw?a)The corporation needs to seek leadership from outside sources if it is to remain profitable in the long run.b)One of the reasons that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.c)The only reason that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.d)The corporations traditional financial goals are outmoded.e)Even though the corporations traditional financial goals are being ignored, company management has made great strides by bringing in leadership from outside sources.Correct answer is option 'B'. 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In addition, only 5 of our 16 vice-presidents and only 2 of the 9 members of the board of directors have been with the corporation for five years.Which of the following conclusions does the author of this passage most probably want the reader to draw?a)The corporation needs to seek leadership from outside sources if it is to remain profitable in the long run.b)One of the reasons that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.c)The only reason that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.d)The corporations traditional financial goals are outmoded.e)Even though the corporations traditional financial goals are being ignored, company management has made great strides by bringing in leadership from outside sources.Correct answer is option 'B'. 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In addition, only 5 of our 16 vice-presidents and only 2 of the 9 members of the board of directors have been with the corporation for five years.Which of the following conclusions does the author of this passage most probably want the reader to draw?a)The corporation needs to seek leadership from outside sources if it is to remain profitable in the long run.b)One of the reasons that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.c)The only reason that the corporations traditional financial goals have been ignored is that very few of its high-ranking employees have much experience with the corporation.d)The corporations traditional financial goals are outmoded.e)Even though the corporations traditional financial goals are being ignored, company management has made great strides by bringing in leadership from outside sources.Correct answer is option 'B'. 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