31. 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.
如何准确把握SAT作文题目
SAT作文素材12:Briton who saved Jews remembered
SAT写作技巧分享:实例篇
SAT满分作文系列(五)
SAT写作例子28:a great friendship
SAT作文常用关键词及短语(二)
SAT写作素材分享20:Vincent Van Gogh
SAT写作常用句子总结
SAT Essay作文素材分享7:The flying Frenchman
SAT写作素材分享21:Martina Hingis
SAT满分作文系列(十)
SAT作文常用关键词及短语(三)
SAT写作真题批改实例讲解
SAT作文素材14:Bill Gates in His Boyhood
SAT满分作文系列(二)
SAT写作技巧分享:逻辑篇
SAT作文素材名人故事36:爱因斯坦
SAT写作素材29:Fossett makes history
SAT考试满分作文:from failure to success
以静制动 掌握SAT写作主动权
SAT作文素材11:101-year-old man parachutes into record book
SAT写作解题技巧
SAT Essay作文素材分享8:Ronaldo:King of the World
SAT作文素材分享2:Reeve was real-life Superman
SAT作文素材分享3:Adventurer Fossett launches solo balloon trip
SAT满分作文系列(七)
SAT满分作文系列(八)
SAT作文素材10:A student's first novel
SAT作文评分原则与评分标准
SAT作文素材13:The Firm Helen Keller
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |