• Economist Test Prep
    Free Trial & Practice Exam
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    Economist Test Prep
  • Kaplan Test Prep
    Free Practice Test & Review
    How would you score if you took the GMAT

    Available with Beat the GMAT members only code

    MORE DETAILS
    Kaplan Test Prep
  • Magoosh
    Magoosh
    Study with Magoosh GMAT prep

    Available with Beat the GMAT members only code

    MORE DETAILS
    Magoosh
  • Veritas Prep
    Free Veritas GMAT Class
    Experience Lesson 1 Live Free

    Available with Beat the GMAT members only code

    MORE DETAILS
    Veritas Prep
  • PrepScholar GMAT
    5 Day FREE Trial
    Study Smarter, Not Harder

    Available with Beat the GMAT members only code

    MORE DETAILS
    PrepScholar GMAT
  • Target Test Prep
    5-Day Free Trial
    5-day free, full-access trial TTP Quant

    Available with Beat the GMAT members only code

    MORE DETAILS
    Target Test Prep
  • Varsity Tutors
    Award-winning private GMAT tutoring
    Register now and save up to $200

    Available with Beat the GMAT members only code

    MORE DETAILS
    Varsity Tutors
  • examPAL
    Most awarded test prep in the world
    Now free for 30 days

    Available with Beat the GMAT members only code

    MORE DETAILS
    examPAL
  • e-gmat Exclusive Offer
    Get 300+ Practice Questions
    25 Video lessons and 6 Webinars for FREE

    Available with Beat the GMAT members only code

    MORE DETAILS
    e-gmat Exclusive Offer
  • EMPOWERgmat Slider
    1 Hour Free
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    EMPOWERgmat Slider

Feedback needed

This topic has 0 member replies
ameing Newbie | Next Rank: 10 Posts Default Avatar
Joined
20 Sep 2006
Posted:
4 messages

Feedback needed

Post Thu Jan 04, 2007 10:33 am
Hey guys,

Essays writing is probably the weakest area for me. Here is one example of my exercise on Essay of Argument. Hope you can give me some feedback

Thanks in advance
ameing

Topic : "Over time, the cost of processing go down because as organizations learn how to do things better, they become more efficient. In color film processing, for example, the cost of a 3-by-5-inch print fell from 50cents for five-day service in 1970 to 20 cents for one-day service in 1984. The same principle applies to the processing of food. And since Olympic Foods will soon celebrate its 25th birthday, we can expect that our long experience will enable us to minimize cost and thus maximize profits."

Essay :

Over time, man learns to do thing in better and quicker ways, "practice makes perfect"! It is especially true in the industrial booming era, productivity and efficiency are key areas of evaluation on the success of any organization. Although the argument about the ability of organization in reducing processing cost thru better efficiency, can thus maximize in profitability seems to meet the logic of development in industrial evolution, it does not present sufficient support to substantiate the argument. Comparing color film processing to food processing is a very general assumption, plus the argument does not explain how it benefits in profitability. Clearly, there are concerns that needs to be discussed which have been omitted in the argument.

One big challenge that food processing industry is facing today is the cost of competition. While they might have the best in technological and efficient farming supports to reduce production cost, it may not guarantee the gain will all go into profits. The bigger question is the price that consumers are willing to pay to Olympic Foods products. With the growth of super-stores like Wal-Mart, consumers have been taught to buy at "Low price everyday" store. Suppliers are constantly being challenge by the price tag on the shelf and margin to retailers. Thus, reduction in processing cost may not guarantee an increase in profit, especially if the percentage in cost reduction is not compatible to the decrease in end user prices.

Secondly, management team determines the success of any organization because they are the leader that leads in any plan of execution efficiency and productivity. The argument does not explain if Olympic Foods has a proactive management team that constantly changes and upgrades their strategies and production systems to improve the production efficiency. While experiences can be valuable for improvement, it can also be the hinder for changes. The ability of Olympic Foods to maximize their profits thru minimizing the processing cost depends if they have a good system to support it.

Although the argument seems logical to assume that over time, all organizations progress to be more efficient and cost effective, thus can increase in their profitability, it is not convincing. It does not present supports to substantiate the argument with issues like the cost of competition, the strength of management team and organization system in Olympic Foods as it was discuss above.

Rolling Eyes Rolling Eyes

  • +1 Upvote Post
  • Quote
  • Flag

Best Conversation Starters

1 lheiannie07 108 topics
2 Roland2rule 63 topics
3 ardz24 63 topics
4 LUANDATO 50 topics
5 AAPL 42 topics
See More Top Beat The GMAT Members...

Most Active Experts

1 image description GMATGuruNY

The Princeton Review Teacher

152 posts
2 image description Jeff@TargetTestPrep

Target Test Prep

106 posts
3 image description Rich.C@EMPOWERgma...

EMPOWERgmat

104 posts
4 image description Scott@TargetTestPrep

Target Test Prep

96 posts
5 image description Max@Math Revolution

Math Revolution

87 posts
See More Top Beat The GMAT Experts