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Transnational cooperation

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Transnational cooperation

by aj5105 » Sat Oct 04, 2008 6:58 pm
Transnational Cooperation among corporations is experiencing a model 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 singly 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 above?


(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 corporation are not profitable enough to be worth undertaking.

(E) Joint projects between United States and foreign corporations benefit only those who commission the projects.


Can somebody please explain this CR?
Last edited by aj5105 on Sat Jun 13, 2009 12:40 am, edited 2 times in total.
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by rajibgmat » Mon Dec 01, 2008 7:14 pm
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 corporation are not profitable enough to be worth undertaking.
(E) Joint projects between United States and foreign corporations benefit only those who commission the projects.

Initially I chose (E), but I have to came back to C, just because of the word "renaissance", which means rebirth: a rebirth or revival, e.g. of culture, skills, or learning forgotten or previously ignored

Actually I have read that whenever the question is of type "assumption/information/conclusion", the answer should have no external or new element but everything should be derived from the passage only. In this question, you will find no clue for A/B/D/E..... For C, you need to read between the lines.
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by gl750raj » Mon Dec 08, 2008 1:45 pm
The other way of attacking such questions is simple elimination when there are no barking clues that ring with the choices. Although the choice C does not stand out to be picked, if you follow the elimination rule you will land squarely on C for this one.
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by aj5105 » Sat Jun 13, 2009 12:52 am
Transnational cooperation among corporations is experiencing a model 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 singly 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 statements by a United States corporate officer best fits the situation of United States firms as described in the passage above?

(A) “We would rather make only a share of the profit and also risk only a share of a possible loss than run the full risk of a loss.”

(B) “We would rather make a share of a relatively modest profit than end up making none of a potentially muchbigger profit.”

(C) “We would rather cooperate and build good will than poison the business climate by all-out competition.”

(D) “We would rather have foreign corporations join us in American projects than join them in projects in their home countries.”

(E) “We would rather win a contract with a truly competitive bid of our own than get involved in less profitable collaborative agreements.”
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by rahulg83 » Sat Jun 13, 2009 6:15 am
aj5105 wrote:Transnational cooperation among corporations is experiencing a model 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 singly 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 statements by a United States corporate officer best fits the situation of United States firms as described in the passage above?

(A) “We would rather make only a share of the profit and also risk only a share of a possible loss than run the full risk of a loss.”

(B) “We would rather make a share of a relatively modest profit than end up making none of a potentially muchbigger profit.”

(C) “We would rather cooperate and build good will than poison the business climate by all-out competition.”

(D) “We would rather have foreign corporations join us in American projects than join them in projects in their home countries.”

(E) “We would rather win a contract with a truly competitive bid of our own than get involved in less profitable collaborative agreements.”
IMO B is correct..
I was inclined towards A initially, but argument never talks about loss
C - out of scope, we are talking about profit, not goodwill
D- Out of Scope, it doesn't matter where and how collaborative corporations work
E- 180 degree, against the argument

OA?
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by vinaynp » Sun Jun 14, 2009 11:43 pm
IMO C) by POE.

A) Can't say this.
B) This is what we think. However, not mentioned in the passage.
D) Can't say this.
E) Can't say this.

My answer C)
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by awesomeusername » Mon Jun 15, 2009 11:39 am
The word "renaissance" gives the reasoning for why (C) is correct. It was once popular, then lost popularity, and then became popular again.
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by mehravikas » Mon Jun 15, 2009 5:47 pm
IMO - C
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by itheenigma » Sat Sep 17, 2011 9:53 am
The question should actually read -
"Transnational Cooperation among corporations is experiencing a modest renaissance among United States firms..."
This is an inference type question. this is because of the nature of the original question - "...information provided by the passage above..."

So,let us look at the answer choices bearing in mind that we are allowed access only to information given in the passage.
A - no info given on the size of the projects to be handled. eliminate.
B - 'collaborative arrangement' does not preclude poling of resources. Neither is there any mention of loss of quality in the passage.
C - The first line of the passage tells us that there is a 'renaissance' now, implying that cooperation has been less common in the past. The usage of the word 'modest' renaissance in the current context implies that there has been a stellar renaissance in terms of cooperation in the past too. Correct.
D - Passage says exactly the opposite; that such projects should be undertaken despite the low profits. Eliminate.
E - no information about specific beneficiaries in the passage. Eliminate.

correct answer - ( C )
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by GmatKiss » Tue Sep 20, 2011 10:14 am
IMO: C please post OA
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by parul9 » Tue Sep 20, 2011 10:24 am
Transnational Cooperation among corporations is experiencing a model 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 singly 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 above?


(A) Transnational cooperation involves projects too big for a single corporation to handle. -- No such info given..ELIMINATE

(B) Transnational cooperation results in a pooling of resources leading to high-quality performance. -- No such info given..ELIMINATE

(C) Transnational cooperation has in the past been both more common and less common than it is now among United States firms. ---as reflected by the term renaissance...LIKELY ANSWER

(D) Joint projects between United States and foreign corporation are not profitable enough to be worth undertaking. -- No such info given..ELIMINATE

(E) Joint projects between United States and foreign corporations benefit only those who commission the projects. -- No such info given..ELIMINATE
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