When choosing between options, one must make judgments -找考题网

When choosing between options, one must make judgments about the quality of each option’s attributes. For example, if one is choosing between candidates for a job, the quality of relevant attributes such as previous work experience, college or high school GPA, and letters of recommendation will be judged for each option and the decision will likely be based on these attribute judgments. In life, we are all faced with choices of different natures and different types. Write an essay of about 400 words on the following tipic:

Choice

In the first part of your essay you should state clearly your main argument, and in the second part you should support your argument with appropriate details. In the last part you should bring what you have written to a natural conclusion or make a summary.
Marks will he awarded for content, organization, grammar and appropriateness. Failure to follow the above instructions may result in a loss of marks.
Write your essay on ANSWER SHEET FOUR.

【参考答案】

Choice
It is often said life is all about choices, and the choices you make would not only give you the directions and guidance ......

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问答题When the leaders of media, telecommunications, IT and Internet companies congregate, as they did recently in Davos, the talk is upbeat about new accomplishments but subdued about recent ordeals: the dotcom bubble; the telecoms crash; the music industry bust; the advertising downturn; the e-publishing revenue stagnation; the PC slowdown; the wireless saturation; the semiconductor slump; the newspaper recession; tile R&D retrenchment. And the question is, why do these predicaments sweep over the information sector so regularly The prevalence of these problems points to fundamental issues beyond a specific industry or short- term period. Instead, we need to recognize that the entire information sector — from music to newspapers to telecoms to Internet to semiconductors and anything in-between — has become subject to a gigantic market failure in slow motion. A market failure exists when market prices cannot reach a self-sustaining equilibrium. The market failure of the entire information sector is one of the fundamental trends of our time, with far-reaching long-term effects, and it is happening right in front of our eyes. The basic structural reason for this problem is that information products are characterized by high fixed costs and low marginal costs. They are expensive to produce but cheap to reproduce and distribute, and therefore exhibit strong economies of scale with incentives to an over-supply. Second, more information products are continuously being offered to users. And information products and services are becoming more commodified , open, and competitive.