【GMAT考满分阅读RC题库】Firms traditionally claim that they downsize (i.e._真题_答案

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Firms traditionally claim that they downsize (i.e., make permanent personnel cuts) for economic reasons,laying off supposedly unnecessary staff in an attempt to become more efficient and competitive. Organization theory would explain this reasoning as an example of the "economic rationality" that it assumes underlies all organi- zational activities. There is evidence that firms believe they are behaving rationally whenever they downsize; yet recent research has shown that the actual economic effects of downsizing are often negative for firms. Thus, organization theory cannot adequately explain downsizing; non-economic factors must also be considered. One such factor is the evolution of downsizing into a powerful business myth: managers simply believe that downsizing is efficacious. Moreover, downsizing nowadays is greeted favorably by the business press; the press often refers to soaring stock prices of downsizing firms (even though research shows that stocks usually rise only briefly after downsizing and then suffer a prolonged decline). Once viewed as a sign of desperation, downsizing is now viewed as a signal that firms are serious about competing in the global marketplace; such signals are received positively by key actors—financial analysts, consultants, shareholders—who supply firms with vital organizing resources. Thus, even if downsizers do not become economically more efficient, downsizing's mythic properties give them added prestige in the business community, enhancing their survival prospects.

The passage suggests that downsizing's mythic properties can be beneficial to a downsizing firm because these properties

Aallow the firm to achieve significant operating efficiencies
Bprovide the firm with access to important organizing resources
Cencourage a long-term increase in the firm's stock price
Dmake the firm less reliant on external figures such as financial analysts and consultants
Ediscourage the firm's competitors from entering the global marketplace

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正确答案: B

正确率： 62%

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GWD

GWD
PREP07 Test 1
PREP07 Test 2
PREP2012
OG16
OG17
PREP08 Test 1
PREP08 Test 2
Manhattan
Magoosh
OG18
OG18-数学分册
OG18-语文分册
OG19
OG19-语文分册
OG19-数学分册
OG20
OG20-语文分册
OG20-数学分册

SET 1

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