RMD007 wrote:
With the correct tense usage, I got this answer correct. However, I am not able to understand the use of pronoun "its" here.
As far as I understand, "its profits" means "company's profits". But in the initial phase of the sentence, Company is nowhere mentioned. It only mentions Company's cost cutting measures.
Is this use of "its" correct??
The OA is correct and explanation provided by CrackVerbalGMAT appears sufficient. If there are any specific questions,
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