Economist: Every business strives to increase its productivity, for this increases profits for the owners and the likelihood that the business will survive. But not all efforts to increase productivity are beneficial to the business as a whole. Often, attempts to increase productivity decrease the number of employees, which clearly harms the dismissed employees as well as the sense of security of the retained employees.
Which one of the following most accurately expresses the main conclusion of the economist's argument?
If an action taken to secure the survival of a business fails to enhance the welfare of the business's employees, that action cannot be good for the business as a whole.
You might be drawn to (A) because it seems to articulate the reasoning behind the economist's conclusion. Even if we think (A) captures something the economist might believe, it's not the main point the economist is trying to establish. The economist's conclusion is narrower: some productivity measures aren't good for the business as a whole. (A) reads more like an underlying principle than a restatement of the conclusion.
Some measures taken by a business to increase productivity fail to be beneficial to the business as a whole.
This restates the economist's main conclusion. The economist says "not all efforts to increase productivity are beneficial to the business as a whole," which means the same thing as "some measures taken by a business to increase productivity fail to be beneficial to the business as a whole." Both are saying that at least some productivity efforts don't help the business overall.
Only if the employees of a business are also its owners will the interests of the employees and owners coincide, enabling measures that will be beneficial to the business as a whole.
The economist never discusses ownership structure or the idea of employees being owners. So this can't be the main conclusion.
There is no business that does not make efforts to increase its productivity.
This restates the first sentence of the stimulus, which is context. The author isn't trying to prove to us that every business makes efforts to increase its productivity.
Decreasing the number of employees in a business undermines the sense of security of retained employees.
(E) restates part of the last sentence of the stimulus, which functions as a premise supporting the conclusion. If you think (E) is the conclusion, ask yourself: what other line in the stimulus is offered to prove that decreasing employees undermines the sense of security of retained employees? There isn't one. The economist simply asserts this as a fact and uses it to support the broader point that not all productivity efforts benefit the business as a whole.