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RC Practice test question #1

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missionmba Master | Next Rank: 500 Posts Default Avatar
Joined
31 Jul 2008
Posted:
288 messages
Test Date:
05 sep 2008
Target GMAT Score:
750

RC Practice test question #1

Post Tue Aug 05, 2008 4:37 am
Elapsed Time: 00:00
  • Lap #[LAPCOUNT] ([LAPTIME])
    1 The glass ceiling-the barrier that once
    kept women from the top tiers of
    management in the banking industry-
    has been shattered, only to be replaced
    5 by a more insidious form of restriction:
    the lockout. While the glass ceiling was
    a palpable enemy and could be
    overcome, the lockout is much more
    elusive and therefore much harder to
    10 combat.
    Sheer numbers argue that women
    have made great strides in the banking
    industry. In the late 1970s women
    accounted for only three percent of top-
    15 level banking management; women now
    hold forty percent of all titles of senior
    vice president or higher. This gain,
    however, is illusory. The influence of
    female corporate managers has been
    20 contained by a change in corporate
    structure: while each senior vice
    president used to preside omnipotently
    over a single area of operations, all
    managers now oversee all operations,
    25 and all major decisions on such matters
    as new areas of investment and
    acceptable credit risks are decided by a
    majority vote.
    This change from a two-tiered pyramid
    30 structure to a hive structure has further
    eroded the ability of corporate women to
    assert their influence, because these
    majority votes are little more than
    majority lockouts. When all major votes
    35 were examined on the basis of sex,
    investigators found that men voted as a
    bloc ninety-one percent of the time,
    while women voted as a bloc only fifty-
    two percent of the time. These votes
    40 determine hiring criteria, salary
    structure, promotions, and stock-option
    plans in substance, the entire culture,
    direction, and focus of the company.
    The resulting effect on company policy
    45 is to maintain the status quo at the
    expense of diversity of opinion, dealing
    a rough blow to the American ideal of
    meritocracy.
    Just as disquieting is the frequent
    50 trumpeting of women's gains from the
    highest levels of the banking industry. In
    a recent report to stockholders, one
    CEO announced that "by elevating
    women to five of seven recently created
    55 vice presidential posts, we have
    increased the number of female vice
    presidents by thirty percent." Such
    hypocritical efforts to take credit for
    broadening women's roles in upper
    60 management while circumscribing their
    effective power in the same circles
    merely demean the women seeking
    such responsibilities.


    1>The author's opinion of lockouts is best expressed by which of the following words?


    "insidious" (line 5)

    "palpable" (line 7)

    "illusory" (line 18)

    "disquieting" (line 49)

    "elevating" (line 53)


    A



    2>According to the passage, major decisions concerning all of the following are decided by a majority vote EXCEPT


    operations oversight

    choosing investments

    issuing reports

    salary structure

    employment policy


    C



    3> Which of the following is an assumption about management decision-making made by the author in the third paragraph of the passage?


    In management circles, men and women vote according to similar criteria.

    The hive structure is a natural product of the American ideal of meritocracy.

    The imposition of a hive structure was a result of management's unwillingness to allow women influence in the banking industry.

    Lockouts result from women's unwillingness to vote in blocs.

    Bloc voting diminishes the role of interests represented by smaller blocs.


    E

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