CAT 2019 Question Paper | Verbal Slot 1

CAT Questions

When it comes to online shopping, there's too much stuff! The human brain can't contend with the vastness of Online Shopping. This passage hoovers around this idea. But don't worry when it comes to your Online CAT Preparation you, don't have to face a decision-making dilemma as the best place to start your CAT Preparation is CAT Previous Year Paper. Here's another question based on your critical reasoning ability. Questions based on critical reasoning have appeared in the recent edition of the CAT exam.To solve more interesting questions from VARC check out 2IIM CAT Question Bank

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Contemporary internet shopping conjures a perfect storm of choice anxiety. Research has consistently held that people who are presented with a few options make better, easier decisions than those presented with many. . . . Helping consumers figure out what to buy amid an endless sea of choice online has become a cottage industry unto itself. Many brands and retailers now wield marketing buzzwords such as curation, differentiation, and discovery as they attempt to sell an assortment of stuff targeted to their ideal customer. Companies find such shoppers through the data gold mine of digital advertising, which can catalog people by gender, income level, personal interests, and more. Since Americans have lost the ability to sort through the sheer volume of the consumer choices available to them, a ghost now has to be in the retail machine, whether it’s an algorithm, an influencer, or some snazzy ad tech to help a product follow you around the internet. Indeed, choice fatigue is one reason so many people gravitate toward lifestyle influencers on Instagram—the relentlessly chic young moms and perpetually vacationing 20-somethings—who present an aspirational worldview, and then recommend the products and services that help achieve it. . . .

For a relatively new class of consumer-products start-ups, there’s another method entirely. Instead of making sense of a sea of existing stuff, these companies claim to disrupt stuff as Americans know it. Casper (mattresses), Glossier (makeup), Away (suitcases), and many others have sprouted up to offer consumers freedom from choice: The companies have a few aesthetically pleasing and supposedly highly functional options, usually at mid-range prices. They’re selling nice things, but maybe more importantly, they’re selling a confidence in those things, and an ability to opt out of the stuff rat race. . . .

One-thousand-dollar mattresses and $300 suitcases might solve choice anxiety for a certain tier of consumer, but the companies that sell them, along with those that attempt to massage the larger stuff economy into something navigable, are still just working within a consumer market that’s broken in systemic ways. The presence of so much stuff in America might be more valuable if it were more evenly distributed, but stuff’s creators tend to focus their energy on those who already have plenty. As options have expanded for people with disposable income, the opportunity to buy even basic things such as fresh food or quality diapers has contracted for much of America’s lower classes.

For start-ups that promise accessible simplicity, their very structure still might eventually push them toward overwhelming variety. Most of these companies are based on hundreds of millions of dollars of venture capital, the investors of which tend to expect a steep growth rate that can’t be achieved by selling one great mattress or one great sneaker. Casper has expanded into bedroom furniture and bed linens. Glossier, after years of marketing itself as no-makeup makeup that requires little skill to apply, recently launched a full line of glittering color cosmetics. There may be no way to opt out of stuff by buying into the right thing.

Question 9 : All of the following, IF TRUE, would weaken the author’s claims EXCEPT:

1. product options increased market competition, bringing down the prices of commodities, which, in turn, increased purchasing power of the poor.
2. the annual sales growth of companies with fewer product options were higher than that of companies which curated their products for target consumers.
3. the annual sale of companies that hired lifestyle influencers on Instagram for marketing their products were 40% less than those that did not.
4. the empowerment felt by purchasers in buying a commodity were directly proportional to the number of options they could choose from.

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Video Explanation

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Explanatory Answer

The question asks us to choose the option that would not weaken the author's claims.

Consider option 1. The author claims that 'the presence of so much stuff in America might be more valuable if it were more evenly distributed, but stuff’s creators tend to focus their energy on those who already have plenty'. That is, product choice for higher income groups does not really benefit the poor. But if product options increased market competition, bringing down the prices of commodities, which, in turn, increased purchasing power of the poor, then the author's claim is weakened.

Option 2 relates to sales growth of companies with fewer product options. The author claims that people when presented with a few options make better, easier decisions than when presented with many. So, if the annual sales growth of companies with fewer product options were higher than that of companies which curated their products for target consumers, then the author's claim is actually strengthened.

Consider option 3. The author claims that choice fatigue is the reason why people gravitate toward lifestyle influencers on Instagram. If the annual sale of companies that hired lifestyle influencers on Instagram for marketing their products were 40% less than those that did not, then the author's claim is weakened.

Consider option 4. The author states that 'research has consistently held that people who are presented with a few options make better, easier decisions than those presented with many'. But if the empowerment felt by purchasers in buying a commodity were directly proportional to the number of options they could choose from, it would weaken author's claim.

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The question is "All of the following, IF TRUE, would weaken the author’s claims EXCEPT:"

Hence, the answer is the annual sales growth of companies with fewer product options were higher than that of companies which curated their products for target consumers.

Choice B is the correct answer.

 

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