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GMAT Exam Dumps : Graduate Management Admission Test (2022)

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Graduate Management Admission Test (2022) Questions and Answers

Question 1

If n and K are positive integers and n+ k< 8, how many different values of the product nk are possible?

Options:

A.

8

B.

9

C.

10

D.

12

E.

16

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Question 2

Options:

A.

2

B.

4

C.

8

D.

10

E.

16

Question 3

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?

Options:

A.

The April sales promotion for Product B was ineffective, unnecessary, or both.

B.

Consumers sought to stockpile Product B immediately following the April sales promotion.

C.

No postpromotion dip in Product B sales resulted from a sales promotion held in the six-month period.

D.

Sales of Product B would have increased in May and June even if there had been no sales promotion.

E.

There had been a largely ineffective sales promotion of Product B in the preceding December.