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NEW QUESTION 44
It can be inferred from the passage that Sorenson and Audia's argument differs in part from the economic explanations mentioned in the highlighted text in that Sorenson and Audia claim that

  • A. lower failure rates in an industry are not necessarily a result of better performance
  • B. access to scarce resources is less important for the success of a new organization than is proximity to consumers
  • C. certain geographical regions offer intrinsic advantages that can benefit a particular industry economically
  • D. structurally equivalent organizations compete with one another for consumers In the same market
  • E. geographic concentration of production is a result of higher founding rates

Answer: E

Explanation:
Explanation
Organizations that produce similar goods tend to concentrate in the same geographic area (geographic concentration of production). Economic explanations of such industrial agglomeration explicitly emphasize better performance, and implicitly emphasize lower failure rates, as the key processes contributing to this geographic concentration. Sometimes Industries benefit economically from situating themselves in particular locations that offer intrinsic advantages such as access to scarce raw materials or proximity to consumers. In other cases, regardless of the particular location, the colocation of structurally equivalent organizations-those that operate in the same markets-may itself yield advantages such as common labor markets and knowledge spillovers.
Sorenson and Audia point out that these explanations Ignore the fact that structurally equivalent organizations also compete with one another for vital resources, and colocation would be expected to increase such competition. Organizational ecology studies support this expectation by showing that organizations apparently compete more intensely within local population boundaries.
Sorenson and Audia propose instead that what maintains geographic concentration is entrepreneurial opportunity, which leads to higher founding rates. Dense local concentrations of structurally equivalent organizations increase the pool of potential entrepreneurs in a region. Beginning entrepreneurs need exposure to existing organizations in the industry to acquire knowledge of the business, ties to scarce resources, and self-confidence. The existing geographic concentration of production constrains access to these resources, so that new founding's tend to reinforce geographic concentration.

 

NEW QUESTION 45
When the newly elected prime minister gave his first official speech, he took pains not to dwell on what might have been if his party should have attained a clear maim its by on how the coalition government, given sufficient time and appropriate resources, would benefit the country.

  • A. had his party attained a clear majority, but Instead
  • B. if his party should have attained a clear majority, but
  • C. if his party attained a clear majority, and focusing Instead
  • D. should his party have attained a dear majority, but rather
  • E. had his party attained a dear majority, and instead focused

Answer: E

 

NEW QUESTION 46
If n is an even Integer, which of the following must also be an even integer?
GMAT-c912d857a520961d9da2b4e578c03042.jpg

  • A. II only
  • B. II, and III, only
  • C. I and II only
  • D. III only
  • E. I, II, and III

Answer: B

 

NEW QUESTION 47
Art is visible. However, everything one sees is filtered through certain conditions, some of them historical, and others, natural. The historical conditions include the material, which is used - oil, colors, and the canvas; second, a certain style, i.e., a system of rules by which things visible are submitted a priori. There can be a general style, for example, the style of Impressionism, or a particular style, for example, the individual ways in which two painters, both impressionists, paint. The natural conditions include certain unchanging psychological laws of sight, for instance, the effects of colors or optical illusions.
The conditions of art are nothing but a particular way of interpreting reality. To understand this, one can examine the difference between the classical Greek and the classical Egyptian styles. For the Greeks, the reality of the visible was given by the perspective and the situation in which the object appears; for that reason, they presented a person in his individual movements. For the Egyptians, however, this was only the appearance of a transitory moment, which, according to their beliefs, was not real. Therefore, the Egyptians searched for the permanent essence and the typical character in their depiction of an object. For the Egyptians, Greek art was an illusion; for the Greeks, on the other hand, Egyptian art was unrealistic constructivism.
The way in which reality appears in art must not be regarded on its own. It is affected by many other systems of recognizing reality, including the political, religious, economic, intellectual, and social - in short, all the phenomena of human life. Moreover, art is always of a certain epoch, with its particular conception of reality. Thus, when discussing, for example, the art of ancient myth, of medieval Christianity, or that of the technological age, one must be aware that myth, Christianity, or technology was the most salient feature of the epoch.
It is paradoxical to understand art as some kind of copy of the fields of experience connected with it. So, for example, it is meaningless for the work of art as such if one compares the landscape of a painting with the landscape, which served the artist as his model. Even if the artist had tried to make what he painted as similar as possible to the model he used, the landscape which he saw is only the matter from which something completely different emerges since he has submitted its view to the a priori conditions of art:
namely to the material used (colors, canvas, etc.), to his style, and even to the fact that he paints on a flat surface. Thus one must contemplate a work of art by itself. Even if it is connected to other fields of experience it nevertheless displays something unique which appears in that piece of art and there alone.
The author mentions which of the following as one of the conditions through which art is seen?

  • A. Illusions
  • B. Optical illusions
  • C. Nature
  • D. Impressionism
  • E. Perspective

Answer: B

Explanation:
Explanation/Reference:
Explanation:
The best answer is B.
The author states in the first paragraph that art is seen through natural conditions including optical illusions.

 

NEW QUESTION 48
GMAT-6f9df19d7c5d9875054b3add50ff0f12.jpg

  • A. Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
  • B. Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
  • C. Statements (1) and (2) TOGETHER are NOT sufficient.
  • D. BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
  • E. EACH statement ALONE is sufficient.

Answer: B

 

NEW QUESTION 49
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