Innovation and Complacence

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Innovation and Complacence

by ronnie1985 » Sun May 20, 2012 10:23 am
Which of the following best completes the passage below?
Established companies concentrate on defending what they already have. Consequently, they
tend not to be innovative themselves and tend to underestimate the effects of the innovations
of others. The clearest example of this defensive strategy is the fact that___.
A. ballpoint pens and soft-tip markers have eliminated the traditional market for fountain
pens, clearing the way for the marketing of fountain pens as luxury or prestige items
B. a highly successful automobile was introduced by the same company that had earlier
introduced a model that had been a dismal failure
C. a once-successful manufacturer of slide rules reacted to the introduction of electronic
calculators by trying to make better slide rules
D. one of the first models of modern accounting machines, designed for use in the banking
industry, was purchased by a public library as well as by banks
E. the inventor of a commonly used anesthetic did not intend the product to be used by
dentists, who currently account for almost the entire market for that drug.

OA after some discussion...
Follow your passion, Success as perceived by others shall follow you
Source: — Critical Reasoning |

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by GmatKiss » Sun May 20, 2012 11:48 am
IMO: C

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by ronnie1985 » Mon May 21, 2012 6:30 am
(C) is right
Follow your passion, Success as perceived by others shall follow you