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Updated on: 31 May 2017, 09:25
Originally posted by GMATwizApp on 29 May 2017, 16:24.
Last edited by abhimahna on 31 May 2017, 09:25, edited 1 time in total.
Last edited by abhimahna on 31 May 2017, 09:25, edited 1 time in total.
Edited the question
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Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
35%
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Question Stats:
73% (02:15) correct
27%
(02:21)
wrong
based on 260
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The Direct-to-Fan model, a business model used by independent artists to distribute their work, bypasses the major record label model that historically controlled radio, venue, and distribution channels, and lets the artist and its team identify those fans, market directly to and develop relationships with them. Direct-to-fan models encourage a direct engagement between the artist and their fans, knowing who they are building the artist's brand, and developing the artist-to-fan relationship over time; they have been developing rapidly in recent years and are thought to surpass the traditional record label model as the main way to distribute and market creative work in the near future.
Which of the following, if true, would most strongly support the prediction that direct-to-fan distribution models will continue and increase in being an important distribution method in the foreseeable future?
A) Direct-to-fan has been growing significantly in the last few years, showing strong growth in both established and developing markets
B) Direct-to-fan is based on disruptive technologies, , including social networking platforms, that are predicted to grow significantly in reach and use intensity in the foreseeable future and be a permanent fixture of the way we live, communicate and entertain ourselves
C) Alternatives to direct-to-fan have been declining substantially in the last few years; those alternatives are considered weak by most sector experts
D) Many of the traditional record label are in crisis, with a long series of bankruptcies and restructurings plaguing the industry
E) Direct-to-fan is more convenient for fans and offers a range of advantages for artists, such as more favorable monetization, that are difficult to ignore
Which of the following, if true, would most strongly support the prediction that direct-to-fan distribution models will continue and increase in being an important distribution method in the foreseeable future?
A) Direct-to-fan has been growing significantly in the last few years, showing strong growth in both established and developing markets
B) Direct-to-fan is based on disruptive technologies, , including social networking platforms, that are predicted to grow significantly in reach and use intensity in the foreseeable future and be a permanent fixture of the way we live, communicate and entertain ourselves
C) Alternatives to direct-to-fan have been declining substantially in the last few years; those alternatives are considered weak by most sector experts
D) Many of the traditional record label are in crisis, with a long series of bankruptcies and restructurings plaguing the industry
E) Direct-to-fan is more convenient for fans and offers a range of advantages for artists, such as more favorable monetization, that are difficult to ignore
31 May 2017, 09:29
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The argument is saying a new model is increasing today and it will increase in the future as well.
We need strengthen the future part.
A) Direct-to-fan has been growing significantly in the last few years, showing strong growth in both established and developing markets. Growing in the past few years doesn't mean it will grow in the future as well.
B) Direct-to-fan is based on disruptive technologies, , including social networking platforms, that are predicted to grow significantly in reach and use intensity in the foreseeable future and be a permanent fixture of the way we live, communicate and entertain ourselves -->. Correct. So, we are saying it is based on technology X such that X is going to reach out to more people. Chances are this new product will also be available for them.
C) Alternatives to direct-to-fan have been declining substantially in the last few years; those alternatives are considered weak by most sector experts --> Alternatives doesn't tell us whether this product will expand.
D) Many of the traditional record label are in crisis, with a long series of bankruptcies and restructurings plaguing the industry. --> Again, same as C.
E) Direct-to-fan is more convenient for fans and offers a range of advantages for artists, such as more favorable monetization, that are difficult to ignore --> Ok, so it is convenient for them. Does that mean these fans will use it more or the number of fans/artists would increase in future? We don't know. Hence, incorrect.
Hi Jat ,
Does the explanation for E makes sense?
We need strengthen the future part.
A) Direct-to-fan has been growing significantly in the last few years, showing strong growth in both established and developing markets. Growing in the past few years doesn't mean it will grow in the future as well.
B) Direct-to-fan is based on disruptive technologies, , including social networking platforms, that are predicted to grow significantly in reach and use intensity in the foreseeable future and be a permanent fixture of the way we live, communicate and entertain ourselves -->. Correct. So, we are saying it is based on technology X such that X is going to reach out to more people. Chances are this new product will also be available for them.
C) Alternatives to direct-to-fan have been declining substantially in the last few years; those alternatives are considered weak by most sector experts --> Alternatives doesn't tell us whether this product will expand.
D) Many of the traditional record label are in crisis, with a long series of bankruptcies and restructurings plaguing the industry. --> Again, same as C.
E) Direct-to-fan is more convenient for fans and offers a range of advantages for artists, such as more favorable monetization, that are difficult to ignore --> Ok, so it is convenient for them. Does that mean these fans will use it more or the number of fans/artists would increase in future? We don't know. Hence, incorrect.
Jat
Hi Jat ,
Does the explanation for E makes sense?
