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Which of the Following is the Closest to the Argument Made by Babita in Terms of Its Underlying Rationale? - Logical Reasoning

Question

MCQ

Direction: Read the following passage and answer the question that follows:

Anita: I sold my house through a real estate agent last year and was happy with the price that I received. My house was sold quickly, and I did not have to suffer any advertising hassles. I would advise against selling your house through Internet websites, newspapers or magazine listings.

Babita: It is in the interest of Internet websites, newspapers and magazines to get me the best price for my property because they are a relatively new medium wanting to establish themselves. Besides, their fee is dependent on the selling price. Therefore, while selling my house I will certainly use Internet websites, newspapers or magazine listings rather than trying to sell the house through a real estate agent.

Which of the following is the closest to the argument made by Babita in terms of its underlying rationale?

Options

  • Inspite of the proliferation of online shopping websites, people still prefer the personalized experience of bricks-and-mortar stores.

  • A lot of luxury brands provide an online shopping experience as well, but their focus remains on exclusivity and image rather than affordable prices.

  • Online auction sites are trying to build a loyal tribe of auctioneers by focusing on customer satisfaction and competitive pricing.

  • The return policies on most shopping portals seem to be crafted to deter the customer but there is an underlying rationale that makes business sense.

Solution 1

Online auction sites are trying to build a loyal tribe of auctioneers by focusing on customer satisfaction and competitive pricing.

Solution:

Babita’s main argument is that internet sites, newspapers and magazines try to get the best deals for their customers as they want to establish themselves in the market and because their own commissions are dependent on the selling prices. The only option that mirrors this rationale is option (3). Options (1) and (4) actually work in favor of Anita’s argument. Option (2) is not directly related to Babita’s claim.

Solution 2

Online auction sites are trying to build a loyal tribe of auctioneers by focusing on customer satisfaction and competitive pricing.

Explanation:

Babita’s main argument is that internet sites, newspapers and magazines try to get the best deals for their customers as they want to establish themselves in the market and because their own commissions are dependent on the selling prices. The only option that mirrors this rationale is Online auction sites are trying to build a loyal tribe of auctioneers by focusing on customer satisfaction and competitive pricing.

Inspite of the proliferation of online shopping websites, people still prefer the personalized experience of bricks-and-mortar stores and the return policies on most shopping portals seem to be crafted to deter the customer but there is an underlying rationale that makes business sense actually work in favor of Anita’s argument.
A lot of luxury brands provide an online shopping experience as well, but their focus remains on exclusivity and image rather than affordable prices are not directly related to Babita’s claim.

Concept: Statement and Arguments (Entrance Exam)
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