• Target Test Prep
    5-Day Free Trial
    5-day free, full-access trial TTP Quant

    Available with Beat the GMAT members only code

    MORE DETAILS
    Target Test Prep
  • Economist Test Prep
    Free Trial & Practice Exam
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    Economist Test Prep
  • Kaplan Test Prep
    Free Practice Test & Review
    How would you score if you took the GMAT

    Available with Beat the GMAT members only code

    MORE DETAILS
    Kaplan Test Prep
  • e-gmat Exclusive Offer
    Get 300+ Practice Questions
    25 Video lessons and 6 Webinars for FREE

    Available with Beat the GMAT members only code

    MORE DETAILS
    e-gmat Exclusive Offer
  • Varsity Tutors
    Award-winning private GMAT tutoring
    Register now and save up to $200

    Available with Beat the GMAT members only code

    MORE DETAILS
    Varsity Tutors
  • EMPOWERgmat Slider
    1 Hour Free
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    EMPOWERgmat Slider
  • PrepScholar GMAT
    5 Day FREE Trial
    Study Smarter, Not Harder

    Available with Beat the GMAT members only code

    MORE DETAILS
    PrepScholar GMAT
  • Magoosh
    Magoosh
    Study with Magoosh GMAT prep

    Available with Beat the GMAT members only code

    MORE DETAILS
    Magoosh
  • Veritas Prep
    Free Veritas GMAT Class
    Experience Lesson 1 Live Free

    Available with Beat the GMAT members only code

    MORE DETAILS
    Veritas Prep

OG Among the myths taken as fact

This topic has 0 member replies

Top Member

OG Among the myths taken as fact

Post Thu Jul 27, 2017 8:25 pm
Elapsed Time: 00:00
  • Lap #[LAPCOUNT] ([LAPTIME])
    Among the myths taken as fact by the environmental managers of most corporations is the Line belief that environmental regulations affect all competitors in a given industry uniformly. In reality, regulatory costs-and therefore compliance-fall unevenly, economically disadvantaging some companies and benefiting others. For example, a plant situated near a number of larger non-compliant competitors is less likely to attract the attention of local regulators than is an isolated plant, and less attention means lower costs. Additionally, large plants can spread compliance costs such as waste treatment across a larger revenue base; on the other hand, some smaller plants may not even be subject to certain provisions such as permit or reporting requirements by virtue of their size. Finally, older production technologies often continue to generate toxic wastes that were not regulated when the technology was first adopted. New regulations have imposed extensive compliance costs on companies still using older industrial coal-fired burners that generate high sulfur dioxide and nitrogen oxide outputs, for example, whereas new facilities generally avoid processes that would create such waste products. By realizing that they have discretion and that not all industries are affected equally by environmental regulation, environmental managers can help their companies to achieve a competitive edge by anticipating regulatory pressure and exploring all possibilities for addressing how changing regulations will affect their companies specifically.

    463) It can be inferred from the passage that a large plant might have to spend more than a similar but smaller plant on environmental compliance because the larger plant is
    (A) more likely to attract attention from local regulators
    (B) less likely to be exempt from permit and reporting requirements
    (C) less likely to have regulatory costs passed on to it by companies that supply its raw materials
    (D) more likely to employ older production technologies
    (E) more likely to generate wastes that are more environmentally damaging than those generated by smaller plants

    464) According to the passage, which of the following statements about sulfur dioxide and nitrogen oxide outputs is true?
    (A) Older production technologies cannot be adapted so as to reduce production of these outputs as waste products.
    (B) Under the most recent environmental regulations, industrial plants are no longer permitted to produce these outputs.
    (C) Although these outputs are environmentally hazardous, some plants still generate them as waste products despite the high compliance cost they impose.
    (D) Many older plants have developed innovative technological processes that reduce the amounts of these outputs generated as waste products.
    (E) Since the production processes that generate these outputs are less costly than alternative processes, these less expensive processes are sometimes adopted despite their acknowledged environmental hazards.

    465) Which of the following best describes the relationship of the statement about large plants (lines 18-26) to the passage as a whole?
    (A) It presents a hypothesis that is disproved later in the passage.
    (B) It highlights an opposition between two ideas mentioned in the passage.
    (C) It provides examples to support a claim made earlier in the passage.
    (D) It exemplifies a misconception mentioned earlier in the passage.
    (E) It draws an analogy between two situations described in the passage.

    466) The primary purpose of the passage is to
    (A) address a widespread environmental management problem and suggest possible solutions
    (B) illustrate varying levels of compliance with environmental regulation among different corporations
    (C) describe the various alternatives to traditional methods of environmental management
    (D) advocate increased corporate compliance with environmental regulation
    (E) correct a common misconception about the impact of environmental regulations

    Q463: B
    Q464: C
    Q465: C
    Q466: E

    Need free GMAT or MBA advice from an expert? Register for Beat The GMAT now and post your question in these forums!

    Best Conversation Starters

    1 Vincen 203 topics
    2 Roland2rule 65 topics
    3 lheiannie07 57 topics
    4 ardz24 44 topics
    5 lionsshare 14 topics
    See More Top Beat The GMAT Members...

    Most Active Experts

    1 image description Brent@GMATPrepNow

    GMAT Prep Now Teacher

    157 posts
    2 image description Rich.C@EMPOWERgma...

    EMPOWERgmat

    103 posts
    3 image description GMATGuruNY

    The Princeton Review Teacher

    98 posts
    4 image description Jay@ManhattanReview

    Manhattan Review

    95 posts
    5 image description Matt@VeritasPrep

    Veritas Prep

    80 posts
    See More Top Beat The GMAT Experts