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Students appearing for competitive exams buy subscriptions to online tutorials and often share the access to these tutorials with their friends. According to the tutorial industry monetary losses due to this knowledge theft amount to thousands – not to mention the loss of potential paying students. However, most students with whom the paid subscribers share their accounts are not seriously interested in competitive exams. Therefore, the dent made to the profits of the industry is minor since_____________.
  • a)
    The proportion of paid subscriptions to shared subscriptions is not significantly higher from one year to another.
  • b)
    Only people with serious intentions of taking competitive exams invest money in online tutorials.
  • c)
    It is very difficult to match the potential loss claimed by the industry with the actuals given the huge database of bought subscriptions.
  • d)
    The tutorial industry also sells CDs of their tutorials with limited study material, the sales of which constitute a good proportion of their overall revenues.
  • e)
    The feedback available per paid subscription is a one-time affair and the users sharing the account cannot avail of the facility again.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Students appearing for competitive exams buy subscriptions to online t...
Understanding the Impact of Account Sharing on the Tutorial Industry
The issue of account sharing among students who subscribe to online tutorials for competitive exams has raised concerns about revenue loss in the tutorial industry. However, the statement highlights that this loss is minor due to the nature of the shared accounts.
Key Insight
- Serious Intentions: The primary reason the impact of account sharing is minimal is that only those with serious intentions of taking competitive exams are likely to invest in online tutorials. This means that most individuals who access these shared accounts are not genuinely interested in pursuing competitive exams, resulting in a limited loss of potential revenue.
Reasons Supporting Option B
- Target Audience: Since the majority of serious students are the ones who pay for subscriptions, the audience using shared accounts typically lacks commitment.
- Market Dynamics: The sharing of accounts does not convert non-serious users into paying subscribers, which protects the industry's revenue stream since they are not likely to become customers regardless of account sharing.
- Retention of Paying Subscribers: The industry continues to retain its core group of serious students who are willing to invest in their preparation, ensuring that the financial impact is less than initially perceived.
Conclusion
In summary, while account sharing may seem detrimental to the tutorial industry, the reality is that it mainly affects those who are not truly interested in the offerings. Thus, the actual financial loss is relatively minor, validating option B as the most accurate explanation for the situation.
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Community Answer
Students appearing for competitive exams buy subscriptions to online t...
(A) The proportion of paid subscriptions to shared subscriptions is not significantly higher from one year to another.
This answer choice does not provide a strong reason why the dent made to the industry's profits is minor. Even if the proportion remains constant, the absolute number of shared subscriptions could still be significant.
(B) Only people with serious intentions of taking competitive exams invest money in online tutorials.
This answer choice provides a strong reason why the dent made to the industry's profits is minor. If the students who share the account are not seriously interested in competitive exams, they are unlikely to become paying customers. Therefore, the loss of potential paying students is minimal.
(C) It is very difficult to match the potential loss claimed by the industry with the actuals given the huge database of bought subscriptions.
This answer choice suggests that accurately quantifying the loss claimed by the industry is challenging due to the large number of bought subscriptions. While this may be a factor, it does not directly explain why the dent made to the industry's profits is minor.
(D) The tutorial industry also sells CDs of their tutorials with limited study material, the sales of which constitute a good proportion of their overall revenues.
This answer choice introduces an unrelated revenue stream for the tutorial industry, but it does not explain why the dent made to the industry's profits is minor due to account sharing.
(E) The feedback available per paid subscription is a one-time affair, and the users sharing the account cannot avail of the facility again.
This answer choice focuses on the limitations faced by the users who share the account, but it does not address the impact on the industry's profits. The question is concerned with the dent made to the industry's profits, rather than the limitations of the shared account.
Given the analysis above, the most appropriate answer is B. Only people with serious intentions of taking competitive exams invest money in online tutorials. This answer choice directly addresses the issue by stating that the students who share the account are not seriously interested in competitive exams. Therefore, the loss of potential paying students is minimal, resulting in a minor dent in the industry's profits.
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Students appearing for competitive exams buy subscriptions to online tutorials and often share the access to these tutorials with their friends. According to the tutorial industry monetary losses due to this knowledge theft amount to thousands – not to mention the loss of potential paying students. However, most students with whom the paid subscribers share their accounts are not seriously interested in competitive exams. Therefore, the dent made to the profits of the industry is minor since_____________.a)The proportion of paid subscriptions to shared subscriptions is not significantly higher from one year to another.b)Only people with serious intentions of taking competitive exams invest money in online tutorials.c)It is very difficult to match the potential loss claimed by the industry with the actuals given the huge database of bought subscriptions.d)The tutorial industry also sells CDs of their tutorials with limited study material, the sales of which constitute a good proportion of their overall revenues.e)The feedback available per paid subscription is a one-time affair and the users sharing the account cannot avail of the facility again.Correct answer is option 'B'. Can you explain this answer?
Question Description
Students appearing for competitive exams buy subscriptions to online tutorials and often share the access to these tutorials with their friends. According to the tutorial industry monetary losses due to this knowledge theft amount to thousands – not to mention the loss of potential paying students. However, most students with whom the paid subscribers share their accounts are not seriously interested in competitive exams. Therefore, the dent made to the profits of the industry is minor since_____________.a)The proportion of paid subscriptions to shared subscriptions is not significantly higher from one year to another.b)Only people with serious intentions of taking competitive exams invest money in online tutorials.c)It is very difficult to match the potential loss claimed by the industry with the actuals given the huge database of bought subscriptions.d)The tutorial industry also sells CDs of their tutorials with limited study material, the sales of which constitute a good proportion of their overall revenues.e)The feedback available per paid subscription is a one-time affair and the users sharing the account cannot avail of the facility again.Correct answer is option 'B'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about Students appearing for competitive exams buy subscriptions to online tutorials and often share the access to these tutorials with their friends. According to the tutorial industry monetary losses due to this knowledge theft amount to thousands – not to mention the loss of potential paying students. However, most students with whom the paid subscribers share their accounts are not seriously interested in competitive exams. Therefore, the dent made to the profits of the industry is minor since_____________.a)The proportion of paid subscriptions to shared subscriptions is not significantly higher from one year to another.b)Only people with serious intentions of taking competitive exams invest money in online tutorials.c)It is very difficult to match the potential loss claimed by the industry with the actuals given the huge database of bought subscriptions.d)The tutorial industry also sells CDs of their tutorials with limited study material, the sales of which constitute a good proportion of their overall revenues.e)The feedback available per paid subscription is a one-time affair and the users sharing the account cannot avail of the facility again.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Students appearing for competitive exams buy subscriptions to online tutorials and often share the access to these tutorials with their friends. According to the tutorial industry monetary losses due to this knowledge theft amount to thousands – not to mention the loss of potential paying students. However, most students with whom the paid subscribers share their accounts are not seriously interested in competitive exams. Therefore, the dent made to the profits of the industry is minor since_____________.a)The proportion of paid subscriptions to shared subscriptions is not significantly higher from one year to another.b)Only people with serious intentions of taking competitive exams invest money in online tutorials.c)It is very difficult to match the potential loss claimed by the industry with the actuals given the huge database of bought subscriptions.d)The tutorial industry also sells CDs of their tutorials with limited study material, the sales of which constitute a good proportion of their overall revenues.e)The feedback available per paid subscription is a one-time affair and the users sharing the account cannot avail of the facility again.Correct answer is option 'B'. Can you explain this answer?.
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Therefore, the dent made to the profits of the industry is minor since_____________.a)The proportion of paid subscriptions to shared subscriptions is not significantly higher from one year to another.b)Only people with serious intentions of taking competitive exams invest money in online tutorials.c)It is very difficult to match the potential loss claimed by the industry with the actuals given the huge database of bought subscriptions.d)The tutorial industry also sells CDs of their tutorials with limited study material, the sales of which constitute a good proportion of their overall revenues.e)The feedback available per paid subscription is a one-time affair and the users sharing the account cannot avail of the facility again.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. 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Therefore, the dent made to the profits of the industry is minor since_____________.a)The proportion of paid subscriptions to shared subscriptions is not significantly higher from one year to another.b)Only people with serious intentions of taking competitive exams invest money in online tutorials.c)It is very difficult to match the potential loss claimed by the industry with the actuals given the huge database of bought subscriptions.d)The tutorial industry also sells CDs of their tutorials with limited study material, the sales of which constitute a good proportion of their overall revenues.e)The feedback available per paid subscription is a one-time affair and the users sharing the account cannot avail of the facility again.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Students appearing for competitive exams buy subscriptions to online tutorials and often share the access to these tutorials with their friends. According to the tutorial industry monetary losses due to this knowledge theft amount to thousands – not to mention the loss of potential paying students. However, most students with whom the paid subscribers share their accounts are not seriously interested in competitive exams. Therefore, the dent made to the profits of the industry is minor since_____________.a)The proportion of paid subscriptions to shared subscriptions is not significantly higher from one year to another.b)Only people with serious intentions of taking competitive exams invest money in online tutorials.c)It is very difficult to match the potential loss claimed by the industry with the actuals given the huge database of bought subscriptions.d)The tutorial industry also sells CDs of their tutorials with limited study material, the sales of which constitute a good proportion of their overall revenues.e)The feedback available per paid subscription is a one-time affair and the users sharing the account cannot avail of the facility again.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Students appearing for competitive exams buy subscriptions to online tutorials and often share the access to these tutorials with their friends. According to the tutorial industry monetary losses due to this knowledge theft amount to thousands – not to mention the loss of potential paying students. However, most students with whom the paid subscribers share their accounts are not seriously interested in competitive exams. Therefore, the dent made to the profits of the industry is minor since_____________.a)The proportion of paid subscriptions to shared subscriptions is not significantly higher from one year to another.b)Only people with serious intentions of taking competitive exams invest money in online tutorials.c)It is very difficult to match the potential loss claimed by the industry with the actuals given the huge database of bought subscriptions.d)The tutorial industry also sells CDs of their tutorials with limited study material, the sales of which constitute a good proportion of their overall revenues.e)The feedback available per paid subscription is a one-time affair and the users sharing the account cannot avail of the facility again.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Students appearing for competitive exams buy subscriptions to online tutorials and often share the access to these tutorials with their friends. According to the tutorial industry monetary losses due to this knowledge theft amount to thousands – not to mention the loss of potential paying students. However, most students with whom the paid subscribers share their accounts are not seriously interested in competitive exams. Therefore, the dent made to the profits of the industry is minor since_____________.a)The proportion of paid subscriptions to shared subscriptions is not significantly higher from one year to another.b)Only people with serious intentions of taking competitive exams invest money in online tutorials.c)It is very difficult to match the potential loss claimed by the industry with the actuals given the huge database of bought subscriptions.d)The tutorial industry also sells CDs of their tutorials with limited study material, the sales of which constitute a good proportion of their overall revenues.e)The feedback available per paid subscription is a one-time affair and the users sharing the account cannot avail of the facility again.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice GMAT tests.
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