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Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
18 Oct 2015, 04:20
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Corporations should look to the city of Helios when seeking new business opportunities or a new location. Even in the recent recession, Helios’s unemployment rate was lower than the regional average. It is the industrial center of the region, and historically it has provided more than its share of the region’s manufacturing jobs. In addition, Helios is attempting to expand its economic base by attracting companies that focus on research and development of innovative technologies.
In the passage the author states that a company seeking new business opportunities or a new location should consider the city of Helios. This is based on the premises that Helios had a below average unemployment rate even in the recent recession and that Helios is the industrial center of the region. Further the author highlights that the city is attempting to expand its economic base by attracting companies that focus on research and development of innovative technologies. However, on deeper analysis it becomes apparent that certain relevant aspects have not been taken into consideration, leading to a number of mistaken assumptions and logical flaws.
One such flaw is the very general recommendation to look for the city of Helios when seeking new business opportunities or a new location. Since it is stated that Helios is the industrial center of the region, the city of Helios itself might not be the best place for a service company such as Starbucks or H&M looking to open new restaurants in order to expand its business activities because Helios could be a transfer-city where plenty of workers just travel in and out each day without spending their free time within the city. Therefore a service company might be wrongly advised by seeking business opportunities in Helios. To render this argument more valid, the author should provide more factual information about the habits and living situation of the working class people of Helios.
Further the author wrongly assumes that the past is indicative of the future by stating that Helios' unemployment rate was below average in the recent recession. However, if the city of Helios is relying strongly on one industrial sector which proofed to be very resilient in the past recession, one could argue that the city's economy is indeed not very well diversified, making it vulnerable to isolated shocks. In order to strengthen this argument more valid, the author needs to collect more information about the structure of Helios's economy. This data should answer the question: How much is Helios's economy relying on solely one or two industrial sectors?
Lastly, the writer’s argument is wrongly based on the assumption that Helio's attempt to expand its economic base by attracting companies that focus on research and development of innovative technologies will be successful. A sole attempt to do something is no guarantee of success. What if the city of Helio’s attracts companies by lowering corporate tax rates at public expense? Such an unsustainable tax policy could in the long run impair the city’s reputation. Further the city might be forced to raise the tax rates again after a few years in order to correct a possible household deficit.
To overcome this, the author needs to add more details about how Helios is planning to implement this plan.
After closer examination of the passage presented, it is apparent that there are several logical flaws. The recommendations in the essay show how the argument may be strengthened and made more logically sound.
In the passage the author states that a company seeking new business opportunities or a new location should consider the city of Helios. This is based on the premises that Helios had a below average unemployment rate even in the recent recession and that Helios is the industrial center of the region. Further the author highlights that the city is attempting to expand its economic base by attracting companies that focus on research and development of innovative technologies. However, on deeper analysis it becomes apparent that certain relevant aspects have not been taken into consideration, leading to a number of mistaken assumptions and logical flaws.
One such flaw is the very general recommendation to look for the city of Helios when seeking new business opportunities or a new location. Since it is stated that Helios is the industrial center of the region, the city of Helios itself might not be the best place for a service company such as Starbucks or H&M looking to open new restaurants in order to expand its business activities because Helios could be a transfer-city where plenty of workers just travel in and out each day without spending their free time within the city. Therefore a service company might be wrongly advised by seeking business opportunities in Helios. To render this argument more valid, the author should provide more factual information about the habits and living situation of the working class people of Helios.
Further the author wrongly assumes that the past is indicative of the future by stating that Helios' unemployment rate was below average in the recent recession. However, if the city of Helios is relying strongly on one industrial sector which proofed to be very resilient in the past recession, one could argue that the city's economy is indeed not very well diversified, making it vulnerable to isolated shocks. In order to strengthen this argument more valid, the author needs to collect more information about the structure of Helios's economy. This data should answer the question: How much is Helios's economy relying on solely one or two industrial sectors?
Lastly, the writer’s argument is wrongly based on the assumption that Helio's attempt to expand its economic base by attracting companies that focus on research and development of innovative technologies will be successful. A sole attempt to do something is no guarantee of success. What if the city of Helio’s attracts companies by lowering corporate tax rates at public expense? Such an unsustainable tax policy could in the long run impair the city’s reputation. Further the city might be forced to raise the tax rates again after a few years in order to correct a possible household deficit.
To overcome this, the author needs to add more details about how Helios is planning to implement this plan.
After closer examination of the passage presented, it is apparent that there are several logical flaws. The recommendations in the essay show how the argument may be strengthened and made more logically sound.
18 Oct 2015, 09:31
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Very good essay! I'm not an expert, but I'm pretty sure this is a 6.0 AWA. I've bookmarked it, as I think it'll be a good reference to have for myself!
Congrats!
Congrats!
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18 Oct 2015, 23:05
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