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mba87
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08 Apr 2015, 10:15
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The following appeared as part of a column in a popular entertainment magazine:
“The producers of the forthcoming movie 3003 will be most likely to maximize their profits if they are willing to pay Robin Good several million dollars to star in it - even though that amount is far more than any other person involved with the movie will make. After all, Robin has in the past been paid a similar amount to work in several films that were very financially successful.”
The argument claims that if the producers are willing to pay Robin Good several million dollars to star in their movie 3003 then the movie will be a financial success. The claim is based on Robin Goods previous movies financial successes. Stated in this way the argument manipulates facts and conveys a distorted view of the situation. It fails to mention all relevant facts on the basis of which the argument could be evaluated for example how much money will Robin Good exactly be making. The conclusion of the argument relies on assumptions for which there is no clear evidence. Hence the argument is unconvincing and has several flaws.
First, the argument assumes that the movie 3003 will maximize the producers profits just by getting Robin Good to star in it. The argument fails to mention if Robin Good will even accept the producers offer to star in the movie. Maybe he might not like the script or already be pre booked with other shoots. The author fails to mention if all his movies are a guaranteed success or whether some of them have not performed well at the box office. The budget of the movie and other expenses have also not been mentions. The movie plot, director, writers have not been considered. There are other factors that contribute to a movies success other than just the star of the movie.
Second, the author claims that Robin Good will make far more money than any other person involved. How much will the other cast members make? Will the producers have that kind of money at their disposal to make a high budget movie? No surveys have been conducted to actually find out from people if they would go see the movie just because it had Robin good starring in it. They haven't even spoken about their marketing strategies to make sure people know about the movie and how the movie should be advertised to make it appealing to the public.
In conclusion, the argument is flawed due to the reasons mentioned above. It can be considerably strengthened if all the relevant information is provided. To assess the merits of any situation all the contributing factors must be mentioned, in this case the budget of the movie, Robin Goods salary, the profits the producers expect to make, the movie content and the producers distribution plans. Without this information it is impossible to predict the outcome of the movie and the argument remains unconvincing and open to debate.
Any feedback would really be helpful. This is one part of the GMAT i haven't really done much on. Found a template someone had posted on gmatclub and i ve decided to use it to form a general structure of my essay. Im not sure how well this will work. Any help/advice will be sincerely appreciated. Thank u !
“The producers of the forthcoming movie 3003 will be most likely to maximize their profits if they are willing to pay Robin Good several million dollars to star in it - even though that amount is far more than any other person involved with the movie will make. After all, Robin has in the past been paid a similar amount to work in several films that were very financially successful.”
The argument claims that if the producers are willing to pay Robin Good several million dollars to star in their movie 3003 then the movie will be a financial success. The claim is based on Robin Goods previous movies financial successes. Stated in this way the argument manipulates facts and conveys a distorted view of the situation. It fails to mention all relevant facts on the basis of which the argument could be evaluated for example how much money will Robin Good exactly be making. The conclusion of the argument relies on assumptions for which there is no clear evidence. Hence the argument is unconvincing and has several flaws.
First, the argument assumes that the movie 3003 will maximize the producers profits just by getting Robin Good to star in it. The argument fails to mention if Robin Good will even accept the producers offer to star in the movie. Maybe he might not like the script or already be pre booked with other shoots. The author fails to mention if all his movies are a guaranteed success or whether some of them have not performed well at the box office. The budget of the movie and other expenses have also not been mentions. The movie plot, director, writers have not been considered. There are other factors that contribute to a movies success other than just the star of the movie.
Second, the author claims that Robin Good will make far more money than any other person involved. How much will the other cast members make? Will the producers have that kind of money at their disposal to make a high budget movie? No surveys have been conducted to actually find out from people if they would go see the movie just because it had Robin good starring in it. They haven't even spoken about their marketing strategies to make sure people know about the movie and how the movie should be advertised to make it appealing to the public.
In conclusion, the argument is flawed due to the reasons mentioned above. It can be considerably strengthened if all the relevant information is provided. To assess the merits of any situation all the contributing factors must be mentioned, in this case the budget of the movie, Robin Goods salary, the profits the producers expect to make, the movie content and the producers distribution plans. Without this information it is impossible to predict the outcome of the movie and the argument remains unconvincing and open to debate.
Any feedback would really be helpful. This is one part of the GMAT i haven't really done much on. Found a template someone had posted on gmatclub and i ve decided to use it to form a general structure of my essay. Im not sure how well this will work. Any help/advice will be sincerely appreciated. Thank u !
k781119
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26 Dec 2015, 14:16
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I was going to provide feedback but realized you took the test months ago... just following up with my own essay for future reference, thoughts plz:
Movie producers often include several famous actors to attract fans and thus increase the amount of ticket sales through using the actors' names. Although Robin Good typically earns several million dollars per movie, the producers should also carefully evaluate how much the other actors should make. This should be based on their previous films, how much work they will actually produce, and relative to how much other actors are making for this film. There is no reason why Robin Good should not be paid several million; however the producers may need to revise how much they pay the other actors.
Historically, it has been difficult to achieve similar salaries between male and female actors, despite having similar roles (as co-stars, for example) and having similar levels of fame. Typically, male leads tend to receive higher compensation than female leads, although this discrepancy is scrutinized more in the last few years. This scrutiny has pressured some producers to increase the level of pay for actresses, which is an unanticipated cost to the film budget. Needless to say, this type of situation should be avoided to both obviate the risk of exceeding the budget and damaging the reputation of the studio from the public backlash.
For the movie 3003, the column points out specifically that Robin Good will be the highest paid star in the film by far. While the producers can pay Robin Good however much they feel is necessary for Robin to perform well, they need to revise the payments for other actors to ensure they are receiving a cooresponding level of payment. If there is only one obvious main character in the film, the high salary for Robin is justified. However, if there are many people in similar roles, then the producers need balance the payments.
Additionally, the producers are taking a risk by spending a large portion of their budget on Robin Good's salary. Robin already earns several million dollars per movie, so the Robin may not realize the difference between $8 million and $9 million, and will likely provide the same level of dedication to the work in either case. However, the $1 million difference, when divided, may greatly incentivize several actors and workers in smaller roles. This additional increase in productivity and dedication may make the film more thoughtful, creative, or cohesive, thus receiving better reviews and achieving greater profits.
Because the level of fame and amount of work done in films by actors is difficult to quantify, actor/ess salaries can always be scrutinized and debated. Producers have to rely on the payment levels that actor/esses are used to, which ocassionally may create sizeable discrepancies. Ultimately, each person involved in the movie will have a single contract that all parties agreed with, so there should not be many issues once a film is in production. However, to maximize profits, producers should ensure, before the contracts are signed, that they are paying the actors/esses fairly, and ensuring they are committed to doing the best work possible.
Movie producers often include several famous actors to attract fans and thus increase the amount of ticket sales through using the actors' names. Although Robin Good typically earns several million dollars per movie, the producers should also carefully evaluate how much the other actors should make. This should be based on their previous films, how much work they will actually produce, and relative to how much other actors are making for this film. There is no reason why Robin Good should not be paid several million; however the producers may need to revise how much they pay the other actors.
Historically, it has been difficult to achieve similar salaries between male and female actors, despite having similar roles (as co-stars, for example) and having similar levels of fame. Typically, male leads tend to receive higher compensation than female leads, although this discrepancy is scrutinized more in the last few years. This scrutiny has pressured some producers to increase the level of pay for actresses, which is an unanticipated cost to the film budget. Needless to say, this type of situation should be avoided to both obviate the risk of exceeding the budget and damaging the reputation of the studio from the public backlash.
For the movie 3003, the column points out specifically that Robin Good will be the highest paid star in the film by far. While the producers can pay Robin Good however much they feel is necessary for Robin to perform well, they need to revise the payments for other actors to ensure they are receiving a cooresponding level of payment. If there is only one obvious main character in the film, the high salary for Robin is justified. However, if there are many people in similar roles, then the producers need balance the payments.
Additionally, the producers are taking a risk by spending a large portion of their budget on Robin Good's salary. Robin already earns several million dollars per movie, so the Robin may not realize the difference between $8 million and $9 million, and will likely provide the same level of dedication to the work in either case. However, the $1 million difference, when divided, may greatly incentivize several actors and workers in smaller roles. This additional increase in productivity and dedication may make the film more thoughtful, creative, or cohesive, thus receiving better reviews and achieving greater profits.
Because the level of fame and amount of work done in films by actors is difficult to quantify, actor/ess salaries can always be scrutinized and debated. Producers have to rely on the payment levels that actor/esses are used to, which ocassionally may create sizeable discrepancies. Ultimately, each person involved in the movie will have a single contract that all parties agreed with, so there should not be many issues once a film is in production. However, to maximize profits, producers should ensure, before the contracts are signed, that they are paying the actors/esses fairly, and ensuring they are committed to doing the best work possible.
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