Admission Tests Graduate Management Admission Test Sample Questions:

1. Historians create Ideas we cal "history," which are derived from an order existing in the real work) of historical fact. Since the patterns discovered In that world depend In part on the alms of the Investigator, however, historical periods will tend to be defined In Incompatible ways by historians with different interests.
Thus, insofar as the aims of historians of music, painting, literature, and poetry are different, it cannot be assumed that_________.
Which of the following most logically completes the argument?

A) the historical patterns defined by these historians will differ appreciably
B) the accounts of these historians will ever be anything but arbitrary
C) real-world facts about art will ever be accurately represented
D) there are any facts from which patterns of artistic style may be derived
E) the periods of artistic style delineated by these historians will coincide

2.
What is the median of the numbers in set A?
(1) n is even.
(2) n is less than 7.

A) BOTH statements TOGETHER ace sufficient, but NEITHER statement ALONE Is sufficient.
B) EACH statement ALONE is sufficient.
C) Statement (2) ALONE is sufficient, but statement (1) atone is not sufficient.
D) Statements (1) and (2) TOGETHER are NOT sufficient.
E) Statement (1) ALONE is sufficient, but statement (2) alone Is not sufficient.

3. It can be inferred from the passage that Sorenson and Audia's argument differs in part from the economic explanations mentioned in the highlighted text in that Sorenson and Audia claim that

A) lower failure rates in an industry are not necessarily a result of better performance
B) structurally equivalent organizations compete with one another for consumers In the same market
C) geographic concentration of production is a result of higher founding rates
D) access to scarce resources is less important for the success of a new organization than is proximity to consumers
E) certain geographical regions offer intrinsic advantages that can benefit a particular industry economically

4. Sales promotions can involve selling a product at a relatively low price or selling the product with a free (or seemingly free) unit of the product, as in "buy one, get one free" campaigns. Research shows that immediately following month-long sales promotions, a postpromotion dip may occur, i.e., sales for the following calendar month may be less than sales for the calendar month preceding the sales promotion.
To increase sales, Storex, a department store, held month-long sales campaigns to promote four of its products. A sales promotion was considered successful if unit sales of the product were at least 10% higher in each of the 2 calendar months immediately following the promotion than In the month preceding it.
Experts have offered explanations for postpromotion dip:
* Explanation I: Many consumers stockpile the product at relatively low cost during the sales promotion.
* Explanation II: "Buy one, get one free" promotions cause some consumers to undervalue the product, making them less likely to buy it following the sales promotion.
* Explanation HI: Many consumers who missed a "buy one, get one free" opportunity may, as a result, develop so-called inaction inertia, i.e., become less likely to buy the product at either the regular or even at a discount price than if the sales promotion had not occurred.

Which one of the following is most strongly supported by the sales data, given the other Information provided?

A) Sales of Product B would have increased in May and June even if there had been no sales promotion.
B) No postpromotion dip in Product B sales resulted from a sales promotion held in the six-month period.
C) Consumers sought to stockpile Product B immediately following the April sales promotion.
D) There had been a largely ineffective sales promotion of Product B in the preceding December.
E) The April sales promotion for Product B was ineffective, unnecessary, or both.

5. The hotel industry now offers a great many gradations of service, giving rise to odd concepts such as "luxury budget." and innkeepers must struggle constantly to find a corner of the market and then to compete at the appropriate level of service.

A) giving rise to odd concepts such as luxury budget/ and innkeepers must
B) giving rise to odd concepts, such as "luxury budget" and innkeepers who are having to
C) giving rise to odd concepts such as "luxury budget," with innkeepers who must
D) so that it gives rise to odd concepts such as "luxury budget" and innkeepers having to
E) to giving rise to odd concepts such as "luxury budget," with innkeepers having to

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