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GMAT RC Business passage (Market Share and Innovation)

GMAT Reading Comprehension Passage: Politics (Market Share and Innovation)

Market Analyst: F’s entry into Mirrorless Camera began in 2015 with the release of XG1 Cameras. Unlike N and C, F was two years late, but the nostalgia of the 80s film camera revived the brand among 40+ year old. The executives at F found it comforting to gain 15% market share in the APS-C mirrorless camera market and the Founder’s son – Mr Nakomota, revived an old Japanese mantra of iteratively improving the camera after a thorough ground study.

However, with the introduction of Full Frame Mirrorless camera, the competitors began pushing the reasonably well off 40+ year old to models that offer better focusing, image stabilization and superior performance in low light. By stubbornly insisting that “We will never go full frame”, Mr Nakomota is taking a stand to avoid cannibalizing F’s existing APS-C cameras. A similar strategy had helped F outlive K which didn’t have any transitioning strategy for the 21st century when the world moved away from Film to Digital camera. In 2012, K filed for bankruptcy whereas F is gaining a loyal following due to their superior color science.

The honeymoon period might not last long as C and N are planning to introduce Full-frame mirrorless camera for the same price point as F’s mirrorless APS-C camera, enticing F’s user to make the switch for noiseless photos at low-light conditions.

Q) What is the tone of the Market Analyst regarding F’s plan not to enter the Full-Frame camera market?

a) Joyful but Optimistic
b) Hopeful but Cautious
c) Cautious and Pessimistic
d) Joyful but Angry
e) Angry but Optimistic

Q) What does the author mean by “The honeymoon period might not last long.”

a) F might go bankrupt if they abandon the APS-C camera market
b) F’s entry into the mirrorless camera is not good enough to sustain continued success
c)  F’s ardent fans might switch to a better offering
d) F’s transitioning strategy is not suited for the current market
e)  F’s leadership might face stiffer competition from activist investors

Q) According to the author, why can’t F enter the Full-frame mirrorless camera market?

a) F would introduce products that would compete with their previous models
b) F does not have the technology to switch from APS-C to Full-frame mirrorless camera
c) Adapting too quickly to changing market condition could lead to costly mistakes
d) The company’s vision is set on learning slowly from the ground before embracing major changes
e) 40+ year old prefer APS-C camera over Full-frame mirrorless camera

Q) The Market Analyst firmly believes that users would switch from APS-C mirrorless camera to Full Frame mirrorless camera because of

a) Lower Resolution
b) Low-Light performance
c)  Frame Size
d) Price Point
e)  Features

Find out the answer to this GMAT Reading Comprehension Passage on Market Share and Innovation

Essential GMAT Reading Comprehension Guide (2019 Edition)


Chapters

Collecting and Interpreting Facts: GMAT Reading Comprehension    
Effective Note-taking for GMAT Reading Comprehension    
5 Questions to Speed up Summary Creation    
Mastering GMAT Reading Comprehension: 3 Best Practices    
How to Remember Information    
How to improve comprehension by Questioning the Author    
How to Read Faster    
How to Answer GMAT Reading Comprehension Title question
How to Answer GMAT Reading Comprehension Main Idea Question    
How to Answer GMAT Reading comprehension inference question    
How to Answer GMAT Reading Comprehension Purpose Question    
How to Answer GMAT Reading Comprehension Detail Question    
How to Answer the GMAT organization of passage Question    
How to Improve GMAT Reading Comprehension Score?    
Question #1: Protein-Rich Diet    
Question #2: Pregnant Women and Stress Management    
Question #3: F Losing Momentum    
Question #4: Conservatives and Automation    
Question #5: Collaboration, Team size and Performance    
Question #6: Effective Altruism    
Question #7: Loneliness Epidemic    
Question #8: Space Exploration    
Question #9: Lab-Grown Meat    
Question #10: Minimum Wage in the US    
Question #11: AI and Creativity    
Question #12: Bias Against Healthcare in Developing Economies    
Question #13: Legacy Admissions    
Question #14: Plastic Ban and alternatives    
Question #15: Underestimating Homo Sapiens    
Question #16: Conspiracy Theories    
Question #17: Relative Poverty    
Question #18: Why Paintings are expensive    
Question #19: US Obesity Epidemics    
Question #20: The Future of Advertising    
Question #21: Breaking Large Companies    
Question #22: Helicopter Parenting    
Question #23: Future of Democracy    
Question #24: Technology and Global Citizenship    

Question #25: Morality and Investment   

Answers: 157 to 294

Pages: 295

Questions: 100+


Download F1GMAT's Essential GMAT Reading Comprehension Guide (2019 Edition)

Essential GMAT Reading Comprehension Guide


After reading F1GMAT’s Essential GMAT Reading Comprehension Guide, you will:

1. Complete GMAT RC Questions in less than 1 minute and 50 seconds
2. Read Faster
3. Take Notes Effectively
4. Collect and Interpret Facts
5. Speed up Summary Creation
6. Remember Information
7. Question the Author   
8. Learn to Answer GMAT Reading Comprehension Title question   
9. Learn to Answer GMAT Reading Comprehension Main Idea Question   

10.Learn to Answer GMAT Reading comprehension Inference question

11. Learn to Answer GMAT Reading Comprehension Detail Question   

12. Learn to Answer GMAT Reading Comprehension Purpose Question
12. Learn to Answer GMAT organization of passage Question
13. Learn to identify the style/tone or attitude of the author

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Mastering GMAT Critical Reasoning



After you read F1GMAT’s Mastering GMAT Critical Reasoning Guide, you will learn:

How to overcome flawed thinking in GMAT Critical Reasoning?  


How to spot Inconsistencies in Arguments  

How to eliminate out of scope answer choices using Necessary and Sufficient Conditions  

How to Paraphrase GMAT Critical Reasoning Question  

How to Answer Assumption Question Type  

How to Answer Conclusion Question Type  

How to Answer Inference Question Type  

How to Answer Strengthen Question Type  

How to Answer Weaken Question Type  

How to Answer bold-faced and Summary Question Types  

How to Answer Parallel Reasoning Questions  

How to Answer the Fill in the Blanks Question


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