QUESTION TEXT: Obviously, entrepreneurial ability is needed to…
QUESTION TYPE: Role in Argument
CONCLUSION: Both management and entrepreneurial skills are needed to start a successful business.
REASONING: You need entrepreneurial skills to start. But you need managerial skills later to analyze trends and company growth. Otherwise, you can fail later.
ANALYSIS: The statement in question is that some companies fail because lack of managerial skills leads to poor growth management.
This is evidence supporting the conclusion that both entrepreneurial and managerial skills are needed for a successful business. (“Hence” is the conclusion indicator.)
___________
- No, the conclusion comes after “hence”.
- The argument isn’t trying to explain anything.
Example of argument explaining with example:
Some business fail despite adequate funding. Why? In many cases, personal conflicts destroys these businesses. For example, in the case of Robosoft, the founder fought with his CFO at a crucial juncture. - Nonsense. An aside is something completely irrelevant to the argument. In this case, the sentence in question directly supports the claim that lack of managerial expertise can cause problems.
- Not quite. The chain goes like this:
Entrepreneurs fails to manage growth ➞ This is due to lack of managerial expertise ➞ Thus entrepreneurs need managerial expertise too
So the example supports a premise that supports the conclusion (answer E).
(These aren’t conditional arrows. They just indicate the flow of ideas) - CORRECT. Yes. The first claim is an example supporting the second. The chain of ideas goes like this:
Entrepreneurs fails to manage growth ➞ This is due to lack of managerial expertise ➞ Thus entrepreneurs need managerial expertise too
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