I feel that both C and E are necessary.
If you negate (C):
Different corporations do not have different core core corporate philosophies.
Well if that were inserted into the argument, it would destroy its conclusion of "sometimes a business can survive only by becoming a different corporation.
The stimulus is:
Survive ---> Adapt
Sometimes, adapt ---> Change core corporate philosophy
Therefore, sometimes, survive ---> becoming different corporation
So, the assumption is: change core corporate philosophy ---> become different corporation
And this is what E states and I agree that this is a correct answer.
However, isn't C also necessary? Isn't necessary for the different corporations to have different philosophies? If they did not have the different philosophies, there would be no change!
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They could have identical philosophies, but they might still need to change. The businesses are different.