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Critical Reasoning (CR) | Re: Established companies concentrate on defending what they already have.

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GMATNinja MartyTargetTestPrep AndrewN

Could you please help on this one? I am unable to understand why C is the correct answer.

The stimulus says that the established companies defend what they have, choose not to innovate, and tend to undermine the innovations of others. Option A satisfies all these three characteristics.

The fountain pen companies kept losing market share (traditional market) to the newcomers and did not come up with a new product. Eventually they just kept what they had and
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