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Transnational cooperation among corporations is experiencing

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Transnational cooperation among corporations is experiencing

by rakeshd347 » Thu Oct 10, 2013 4:28 am
Transnational cooperation among corporations is experiencing a modest renaissance among United States
firms, even though projects undertaken by two or more corporations under a collaborative agreement are less profitable than projects undertaken by a single corporation. The advantage of transnational cooperation is that such joint international projects may allow United States firms to win foreign contracts that they would not otherwise be able to win.
Which of the following is information provided by the passage?

A. Transnational cooperation involves projects too big for a single corporation to handle.
B. Transnational cooperation results in a pooling of resources leading to high-quality performance.
C. Transnational cooperation has in the past been both more common and less common than it is now among United States firms.
D. Joint projects between United States and foreign corporations are not profitable enough to be worth undertaking.
E. Joint projects between United States and foreign corporations benefit only those who commission the projects.
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Source: — Critical Reasoning |
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by theCodeToGMAT » Thu Oct 10, 2013 5:14 am
Is it [spoiler]{C}[/spoiler]?????
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by rakeshd347 » Thu Oct 10, 2013 5:29 am
theCodeToGMAT wrote:Is it [spoiler]{C}[/spoiler]?????
Yes thats the correct answer. Can you please elaborate it whats your reasoning behind it.
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by theCodeToGMAT » Thu Oct 10, 2013 5:36 am
Renaissance has quite similar meaning to "rebirth"

{A} - INCORRECT; Premises doesn't say that "too big" is an issue.. maybe for foreign projects it is required that one of the companies is local to customer's country.

{B} - INCORRECT; Out-Of-Scope

{C} - CORRECT; meanings something to rebirth <-> Renaissance

{D} - INCORRECT; "less profitable" doesn't mean "Not Profitable"

{E} - INCORRECT; No such info in Premises..
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by sana.noor » Fri Oct 11, 2013 5:53 am
the passage says that "Transnational cooperation among corporations is experiencing a modest renaissance" modest means average. the choice C says its MORE common OR Less common, means it wasn't experiencing modest rebirth in the past as it is now.
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