CR- Summary Question

Walmart acquired a majority stake in Flipkart for a mind-numbing amount and has announced that it will not rest till it wins the Indian e-commerce battle. Amazon too is gearing up for the fight. Consumers are going to be accosted with more and more luscious deals online. Multiple offers are going to be showered on customers, and more and more millennials are going to do their shopping from their couches. What then happens to the old-fashioned traditional mall and big brand department stores?

Which one of the following captures the essence of the above paragraph?

A. Customers’ shopping experience will improve greatly with increased competition between e-commerce firms and physical stores.

B. With major e-commerce players vying for greater market shares, the future of brick and mortar retail looks bleak.

C. The convenience and viability offered by Walmart and Amazon will leave customers spoiled for choice and entice them away from physical stores.

D. In light of the fracas between large e-commerce players, the future of brick and mortar retail looks uncertain.

 

See our previous ‘Questions of the Day’:

Verbal Question of the Day: 10

Quant Question Of The Day : 15

21 comments

        1. TG.Prabhat

          The paragraph mentions two large companies battling it out to win in the Indian e-commerce market. They are not just vying for greater market shares.

          Secondly, the strategies that will be used by two e-commerce companies have been mentioned. It is stated that these strategies will lead to “more and more millennials doing their shopping from their couches”. This does not necessarily mean that other types of customers will also be won over by e-commerce companies. It gives a one-sided picture, and hence a conclusion about the future of traditional malls being ‘bleak’ is unwarranted. It is an extreme conclusion. There is uncertainty over the future of physical stores, which is captured by option D.

          I hope this clarifies your doubt 🙂

  1. TG.Prabhat

    The answer is D.

    Explanation:
    A. This misses the main point of the paragraph that the future of physical stores is in question.
    B. This uses the extreme word ‘bleak’. This description is, in fact, beyond the scope of the paragraph.
    C. This is beyond the scope of the paragraph. Customers being enticed away from physical stores cannot be determined from the paragraph.
    D. This is the answer. It captures the main point of the paragraph that the future of physical stores is in question. It also mentions the premise of competition between large e-commerce firms.

  2. shivam mukherjee

    D.

    I believe that the other options talks of consequences not mentioned in the passage above.

    However, I could succinctly fathom that the future of malls is weak. Please correct me if I am wrong.

    1. TG.Prabhat

      You’re right, Shivam. Well done! 🙂

      Options B. and C. mention scenarios that are beyond the scope of the paragraph. A. misses the main point, which is a question mark looming over the future of traditional mall and big-brand department stores.

    1. TG.Prabhat

      Hi Shreya, option C. is beyond the scope of the paragraph- customers being enticed away from physical stores cannot be determined from the paragraph.

      The answer is D. It captures the main point of the paragraph that the future of physical stores is in question. It also mentions the premise of competition between large e-commerce firms.

      Write back in case you have any doubts 🙂

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