Sentence Correction

Hi,

As per Manhattan Verbal following sentence is correct-
CORRECT: The company leadership is faltering- the CEO embarrassed himself on the news just last night- and the investors are restless.
Shouldn't it be "The company's leadership..............restless.?

Thanks (explanation for answer will be appreciated).

Hi happy888.

Sometimes the word "company" is used as an adjective, as it is in that sentence. So I guess the sentence is ok.

Marty Murray wrote:Hi happy888.

Sometimes the word "company" is used as an adjective, as it is in that sentence. So I guess the sentence is ok.

Yes, such as in company car. Kind of informal though & would really disadvantage non-native speakers, so I sort of doubt it would appear on the GMAT as a correct answer. But I certainly wouldn't reject that as an answer on that basis if all of the other answer choices have more glaring errors.

For what its worth, I checked the dictionary and it does not list an adjective usage for company. But in colloquial English, nouns are often used as adjectives.

Thanks Marty Murray