[讨论]OG11-Review-21

OG11-REVIEW-21．

Start-up companies financed by venture capitalists have a much lower failure rate than companies financed by other means．Source of financing，therefore，must be a more important causative factor in the success of a start-up company than are such factors as the personal characteristics of the entrepreneur, the quality of strategic planning，or the management structure of the company．

Which of the following，if true，most seriously weakens the argument above?

(A)  Venture capitalists tend to be more responsive than other sources of financing to changes in a start-up company's financial needs．

(B)  The strategic planning of a start-up company is a less important factor in the long-term success of the company than are the personal characteristics of the entrepreneur．

(C)  More than half of all new companies fai1 within five years．

(D)  The management structures of start-up companies are generally less formal than the management structures of ongoing businesses．

(E)  Venture capitalists base their decisions to fund start-up companies on such factors as the characteristics of the entrepreneur and quality of strategic planning of the company．

Argument Evaluation

Situation When venture capitalists fund start-up companies，the failure rate is much lower than when the companies are funded by other means．The Success of start-up companies，then，may be attributed more to their source of funding than to any other factor.

Reasoning What point weakens the argument? The argument concludes that the source of funding is the single most important factor in determining the Success of a start-up company．But what if the source of that funding，venture capitalists，considers other factors before making its investment? Venture capitalists may evaluate the characteristics of the entrepreneur as well as the company’s strategic plan and management structure before deciding to fund the start-up company．If this is the case，then the most important element in determining the success of the company cannot be said to be the source of the funding．

A  The responsiveness of venture capitalists is a point in favor of the argument，not against it．

B  This statement about the relative importance of strategic planning and the personality of the entrepreneur does not weaken the argument because it does not address the issue of financial backing．

C  The argument concerns only successful start-up companies，so high failure rates are irrelevant．

D  A comparison between start-up companies and existing businesses is not relevant to an argument about the funding of start-ups．

E  Correct．This statement properly identifies evidence that weakens the argument．

The correct answer is E．

1．对于A选项，不理解为什么OG说The responsiveness of venture capitalists is a point in favor of the argument，not against it．

2．选项本身把Venture capitalists
        的
            more responsive视为与other sources of financing
        平行的概念而非通常被认为属于characteristics of entrepreneur的范畴，觉得有些怪异．

Venture capitalists
        的
            more responsive难道不应该属于企业家的个人素质吗？怎么会归到“融资来源”这一类呢？

up！up！

哎，可怜的小朋友！

融资来源于“venture capitalists” 的公司的失败率大大低于融资来源于其他渠道的公司。这说明，对于公司的成功来说，“融资来源”这个因素一定是比其他因素更重要

也就是说原文强调的是 WHO

而是WHO'personal characteristics of the entrepreneur, the quality of strategic planning，or the management structure of the company．

那么 WHO 又跟WHO'personal characteristics of the entrepreneur 有什么差别呢？

谢谢您的回答，盼了很久了！

“Source of financing”、“ the personal characteristics of the entrepreneur”、“ the quality of strategic planning”、“the management structure of the company” 这四个因素都是公司成功的因素，题干中认为“sourse of financing" 比其他三个因素更决定一个公司的成败。

而答案E中指出风险投资在选择投资目标公司的时候，正是依据“the personal characteristics of the entrepreneur, the quality of strategic planning” 这些因素所以才造成了他们所选择的公司成功率更高，所以说明题干中"source of financing" 并不是公司成功的因素.

而正是"source of financing" 的“风险投资”所采用 "the personal characteristics of the entrepreneur, the quality of strategic planning"这些依据选择的公司，才更具成功率。

原来如此！

这次彻底明白啦！

thanks a million!

我一直把sourse of financing理解成资金的来源，没有理解成它实际上指的是WHO。

BTW，A指的是这四个因素的哪一个呢？

A)  Venture capitalists tend to be more responsive than other sources of financing to changes in a start-up company's financial needs．
            

译文：风险投资者倾向于比其他资金来源更响应初创公司的财务需求的变化。

A答案指的并不是这四个因素中的一个，而是说了一个事实。这个事实strength题干，没有weakened题干，所以排除。

译文：风险投资者倾向于比其他资金来源更响应初创公司的财务需求的变化。

A答案指的并不是这四个因素中的一个，而是说了一个事实。这个事实strength题干，没有weakened题干，所以排除。