Corporate Strategist: For a technology company to remain competitive in today's global market, it is absolutely essential that it continually invests in research and development. Without such investment, a company's product line will quickly become obsolete. TechGiant Inc. has recently allocated a larger percentage of its annual budget to research and development than any of its leading competitors.
Which of the following best describes the logical flaw in the corporate strategist's argument?
- AThe argument fails to consider that allocating a larger percentage of a budget does not necessarily equate to a larger absolute amount of funding.
- BThe argument confuses a mere correlation between financial investment and market success with a direct causal relationship.
- The argument treats a condition that is required for achieving a specific outcome as if it were sufficient to guarantee that outcome.Answer
- DThe argument takes for granted that if a company's product line becomes obsolete, that company must have failed to invest in research and development.
- EThe argument relies on an illicit shift in the meaning of the phrase "competitive edge" over the course of the reasoning.
Answer
The correct answer is the option stating that the argument treats a condition that is required for achieving a specific outcome as if it were sufficient to guarantee that outcome.
The argument explicitly establishes that investing in research and development is 'absolutely essential' (a necessary condition) for remaining competitive. It then demonstrates that TechGiant is investing, and concludes that TechGiant is 'guaranteed' to remain competitive. This is a classic formal logic flaw: the argument assumes that satisfying a necessary requirement is sufficient to ensure the final outcome.
Step-by-Step Solution
Key Concept
Confusing Necessary and Sufficient Conditions
Estimated Time:2m 0s