The following appeared as part of the business plan of an investment and financial consulting firm.
Studies suggest that an average coffee drinkers consumption of coffee increases with age, from age 10 through age 60. Even after age 60, coffee consumption remains high. The average cola drinkers consumption of cola, however, declines with increasing age. Both of these trends have remained stable for the past 40 years. Given that the number of older adults will significantly increase as the population ages over the next 20 years, it follows that the demand for coffee will increase and the demand for cola will decrease during this period. We should, therefore, consider transferring our investments from Cola Loca to Early Bird Coffee.
Discuss how well reasoned... etc.
In this argument a consulting firm recommends the transfer of investments from Cola Loca to Early Bird Coffee because, during the next 20 years, coffee demand will increase while cola demand will decrease. This prediction is based on the expectation that the number of older adults will significantly increase over the next 20 years, together with statistics, reportedly stable for the past 40 years, indicating that coffee consumption increases with age while cola consumption declines with increasing age. For three reasons, this financial advice may not be sound.
First, the argument assumes that relative supply conditions will remain unchanged over the next twenty years. However, the supply and cost of cola and coffee beans, as well as other costs of doing business as a producer of coffee or cola, may fluctuate greatly over a long time period. These factors may affect comparative prices of coffee and cola, which in turn may affect comparative demand and the value of investments in coffee and cola companies. Without considering other factors that contribute to the value of a coffee or cola company, the firm cannot justify its recommendation.
Secondly, the argument fails to account for the timing of the increase in coffee consumption. Perhaps the population will age dramatically during the next five years, then remain relatively flat over the following 15 years. Or perhaps most of the increase in average age will occur toward the end of the 20-year period. An investor has more opportunity to profit over the short and long term in the first scenario than in the second, assuming the investor can switch investments along the way. If the second scenario reflects the facts, the firms recommendation would be ill-founded.
Finally, the firm unjustifiably relies on the studies that correlate coffee and cola consumption with age. The firm does not provide evidence to confirm the reliability of the studies. Moreover, while the phrase studies suggest may appear to lend credibility to these claims, the phrase is vague enough to actually render the claims worthless, in the absence of any information about them.
In conclusion, the firm should not transfer investments from Cola Loca to Early Bird Coffee on the basis of this argument. To better evaluate the recommendation, we would need more information about the study upon which it relies. We would also need more detailed projections of population trends during the next 20 years.
GRE issue写作范文:技术改善生活
GRE AWA 范文——Issue 11
GRE AWA 范文 ——Issue 12
GRE issue写作范文:理想和现实
GRE AWA 范文 ——Issue 10
GRE issue写作范文:知识和经验的引进
GRE issue写作范文:客观与主观
GRE AWA 范文 ——Issue 5
GRE Issue写作优秀实例:更新领导保持活力
GRE issue写作范文:杰出领导人
GRE Issue写作优秀实例:个人责任
GRE AWA 范文 ——Issue 2
GRE issue写作范文:有效率的教育
GRE Issue写作优秀实例:独立思考
GRE Issue写作优秀实例:新手与专家
GRE issue写作范文:科学的作用
GRE Issue写作优秀实例:传统与现实
GRE写作提纲思路与分析——issue109
GRE issue写作范文:重视认知和推理能力
GRE Issue写作优秀实例:权威问题
GRE Issue写作优秀实例:艺术家
GRE issue写作范文:法律公正问题
GRE issue写作范文:政治和生活
GRE写作提纲思路与分析——issue 184 &70
GRE issue写作范文:竞争利弊问题
GRE issue写作范文:知识的影响
GRE issue写作范文:教学活动
GRE写作提纲思路与分析——issue 190
GRE AWA 范文 ——Issue 16
GRE AWA 范文——Issue 7
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