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Admission Tests GMAT Exam With Confidence Using Practice Dumps

Exam Code:
GMAT
Exam Name:
Graduate Management Admission Test (2022)
Certification:
Graduate Management Admission Test
Vendor:
Admission Tests
Questions:
465
Last Updated:
Dec 2, 2025
Exam Status:
Stable
Admission Tests GMAT

GMAT: Graduate Management Admission Test Exam 2025 Study Guide Pdf and Test Engine

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Graduate Management Admission Test (2022) Questions and Answers

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Question 1

Daniel: Historically, railroads substantially altered the course of the United States economy, enabling the country to enjoy unprecedented growth in the nineteenth century.

Robert: It's true that growth required cheap inland transportation, which railroads provided. But with government support similar to the massive land grants that subsidized rapid railroad expansion, canals and roads could have had the same effect.

Which of the following is most likely a point that Robert believes is at issue between Daniel and himself?

Options:

A.

Whether the nineteenth-century economic growth in the U.S. was caused by railroads

B.

Whether the government should have supported canals and roads in the U.S. in the nineteenth century

C.

Whether railroads' contribution to economic growth was enabled by government support

D.

Whether economic growth depends on government support for technology that encourages that growth

E.

Whether railroads were necessary for the unprecedented economic growth in the U.S in the nineteenth century

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Question 2

The primary purpose of the passage is to

Options:

A.

explain how, in certain types of markets, gray marketing can improve margins and profits for manufacturers and authorized retailers

B.

identify the effects, both beneficial and detrimental, that gray markets have on manufacturers and authorized retailers

C.

outline a course of action that manufacturers and authorized retailers can

take to gain benefits from gray marketing

D.

present the results of a study that indicates that under most conditions gray markets are beneficial to manufacturers and authorized retailers

E.

provide arguments for and against the view that gray markets are beneficial to manufacturers and authorized retailers

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.

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