vladmoney wrote:
Kitchen magazine plans to license the use of its name by a line of cookware. For a magazine, licensing the use of its name for products involves some danger, since if the products disappoint consumers, the magazine's reputation suffers, with consequent reduction in circulation and advertising. However, experts have evaluated the cookware and found it superior to all other cookware advertised in Kitchen. Therefore, Kitchen can collect its licensing fees without endangering its other revenues.
The argument above assumes which of the following?
a. No other line of cookware is superior to that which will carry the Kitchen name.
b. Kitchen will not license the use of its name for any products other than the line of cookware.
c. Makers of cookware will not find Kitchen a less attractive advertising vehicle because the magazine's name is associated with a competing product.
d. Consumers who are not regular readers of Kitchen magazine will be attracted to the cookware by the Kitchen name.
e. Kitchen is one of the most prestigious cooking-related magazines.
I wasn't even close in my guessing, hopefully this is an 800 type question. Please explain your answers. OA will be posted later.
Premise 1: Kitchen magazine plans to license the use of its name for a line of cookware
Premise 2: Licensing the name of the magazine generates some risks since if the products disappoint customers, the magazine's prestige will be affected, therefore, magazine's advertising rev will be impacted negatively.
Premise 3: According the evaluation of some experts, this cookware is the most prestigious brand compare to other brands advertised on Kitchen magazine.
Conclusion: Kitchen magazine can collect licensing fee without endangering its other revenues.
Considering the 5 answer choices:
a. This is the refrase of one premise, not an assumption
b. Out of scope answer
c. This is the correct answer. The Kitchen magazine has its own strengths and it can evaluate and agree to license its name to the cookware line. But the cookware line has its own position - it is superior to other brands advertised on Kitchen magazine - and the brand also considers if it's worth to pay for licensing fee on the Kitchen magazine while there are other cookware brands already advertised in this magazine. The assumption close the gap in the argument "yes, I agree with the proposition from you".
d. Out of scope answer
e. The magazine is prestigous, the cookware brand also prestigious. So, one side agree to do business does not mean that the other side also agree.