Can some please solve this ?

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Can some please solve this ?

by goelmohit2002 » Thu Jul 30, 2009 11:41 am
Hi All,

The below is the pessage from OG-10.

Here can someone please tell how the correct answer for the below question is B and not A ? I am really confused by the language of OG for the option B....it says low value ...doesn't it indicate the cost factor....shouldn't it be low return for it to be appropriate ?


=============================================

The fact that superior service can generate a competitive
advantage for a company does not mean that every attempt
at improving service will create such an advantage. Investments
in service, like those in production and distribution,
(5) must be balanced against other types of investments on the
basis of direct, tangible benefits such as cost reduction and
increased revenues. If a company is already effectively on a
par with its competitors because it provides service that
291
avoids a damaging reputation and keeps customers from
(10) leaving at an unacceptable rate, then investment in higher
service levels may be wasted, since service is a deciding
factor for customers only in extreme situations.
This truth was not apparent to managers of one regional
bank, which failed to improve its competitive position
(15) despite its investment in reducing the time a customer had
to wait for a teller. The bank managers did not recognize
the level of customer inertia in the consumer banking
industry that arises from the inconvenience of switching
banks. Nor did they analyze their service improvement to
(20) determine whether it would attract new customers by producing
a new standard of service that would excite customers
or by proving difficult for competitors to copy. The
only merit of the improvement was that it could easily be
described to customers.

1. The author uses the word “only” in line 23 most likely in order to
(A) highlight the oddity of the service improvement
(B) emphasize the relatively low value of the investment in service improvement
(C) distinguish the primary attribute of the service improvement from secondary attributes
(D) single out a certain merit of the service improvement from other merits
(E) point out the limited duration of the actual service improvement

OA = B

Thanks
Mohit
Source: — Reading Comprehension |

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by abhi75 » Fri Jul 31, 2009 11:01 am
Here the author is trying to prove a following point by stating
"The fact that superior service can generate a competitive
advantage for a company does not mean that every attempt
at improving service will create such an advantage"

Now further elaborating the author presents an example of a bank managers
"This truth was not apparent to managers of one regional
bank, which failed to improve its competitive position
(15) despite its investment in reducing the time a customer had
to wait for a teller."

Then the author mentions the things that these bank managers missed.

Then the author uses words "only" to show that it had just one merit which is not enough to gain a competitive edge in its business, since it missed some things that the author had mentioned previously.

All these things translate in the wordings of answer choice B.

Thanks.
A

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by goelmohit2002 » Fri Jul 31, 2009 11:05 am
abhi75 wrote: All these things translate in the wordings of answer choice B.
Don't u think that wordings of B should have been "low return...."....

Don't you think that Low value seem to say the less cost ?

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by scoobydooby » Fri Jul 31, 2009 11:41 pm
value means 'worth'. as used here, low value of investments => low worth/benefit from the investment. it does not mean cost of investment
B is good

A is out, because the author doesnt say this investment was strange. (oddity=strangeness) just that the only advantage was a relatively unimportant benefit it offered.

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by goelmohit2002 » Sat Aug 01, 2009 2:48 am
scoobydooby wrote:value means 'worth'. as used here, low value of investments => low worth/benefit from the investment. it does not mean cost of investment
B is good

A is out, because the author doesnt say this investment was strange. (oddity=strangeness) just that the only advantage was a relatively unimportant benefit it offered.
Awesome scooby....thanks a lot !!!!