Hello Everyone,
Can someone please review my analytical issue essay. I am writing it for first time and have my GRE exam scheduled for next week. I would really appreciate if someone can let me know the areas of improvement.
Topic : Techcorporation is our top pick for investment this term. We urge all of our clients to invest in the new company. FOr the first time in ten years, a compnay that has developed satellite technology has been approved by FTA to complete with the current satellite provider. That company is Techcorporation. A consumer survey last year indicated that over eighty percent of repondants were dissatisfied with the current satellite television provider and would want to switch to another provider if the industry were not a monopoly. Thus, the new venture of Techcorporation into satellite television will prove to be highly profitabe for those who invest now.
The article that appeared in a newsletter advices investors to make a blind invetment in techcorporation. The reason behind this is that, it is the only company in 10years to hav edeveloped a technology that has been approved by the FTA to cpete with the current satellite provider. Also a survey claims that eighty percent users were dissatisfied with the current satellite provider and would like to switch to another one. However, this advice seems to be flawed, as there is no strong evidence that would support this claim.
The newsletter article states that for the first time in 10 years , a satellite built by a comapany has been approved by the FTA. However this statement cannot be blindly accepted. Eventhough the satellite might have been accepted by the FTA there is no guarantee that the satellite would live upto its expectations. As there has absolutely been no strong competitor in the past 10 years, there is no assurance that Techcorporation would succeed as a satellite provider inspite of their satellite being approved.
Also the survey which indicated that 80% of the respondents were dissatisfied with their current satellite provider does not shed light towards the place the survey was conducted, the sample size, the survey questions. It could be that this opinion would be limited to only a small geographical area and the rest of the population would be happy with their current service provider.
The newsletter article also doesnot take into account techcorporation's experience in the field. Inspite of developing a satellite, the might not have the means or the experience it convert it into a viable satellite television provider. Some data has to be provided regarding the schemes they offer, their execution plan, their stock prices which is vital for investors.
Since no strong support data has been provided it is not wise to invest into techcorporation simply based on the newsletter. Proper statistical data has to be provided, only then should investors think of investing or else they could be digging their own grave.
Thank you for your feedback.