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.
雅思听力常考的十种场景总结(图书馆场景)
有效提高雅思听力:"内功修行"+题海战术
活用BBC慢速英语 做好雅思听力精听
雅思听力中的20个场景短语
雅思听力考试中如何节省时间
雅思听力常用四大技巧分享
雅思听力场景解析:Lecture
雅思听力考试中的六大陷阱
雅思听力最常见的35个高频词汇
雅思听力题干遇到生词怎么办?
雅思听力应对小秘籍:活用英文资料及电台
雅思听力四大常用技巧介绍
九个常见雅思听力场景
雅思听力考试注意这七大陷阱
如何解答雅思听力信息表填空题
雅思听力高分秘诀:读猜听写查
雅思听力地图题解题技巧指导
详解雅思听力常考十种场景题
雅思听力常考的十种场景总结(选课场景)
[考生分享]雅思听力技巧与注意事项
雅思听力必备高频短语二十个
雅思听力常考的十种场景总结(课外研究场景)
详解雅思听力三大审题技巧
雅思听力出题原则简介(学术类)
雅思听力考场必胜技巧
雅思听力中较长单词的处理办法
雅思听力场景解析:租房篇
雅思听力六大陷阱讲解
60个雅思听力精选核心词汇
雅思听力高频词汇整理(2)
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |