BEC商务英语(高级)阅读模拟试卷5(共446题)_第1页
BEC商务英语(高级)阅读模拟试卷5(共446题)_第2页
BEC商务英语(高级)阅读模拟试卷5(共446题)_第3页
BEC商务英语(高级)阅读模拟试卷5(共446题)_第4页
BEC商务英语(高级)阅读模拟试卷5(共446题)_第5页
已阅读5页,还剩102页未读 继续免费阅读

下载本文档

版权说明:本文档由用户提供并上传,收益归属内容提供方,若内容存在侵权,请进行举报或认领

文档简介

BEC商务英语(高级)阅读模拟试卷5(共9套)(共446题)BEC商务英语(高级)阅读模拟试卷第1套一、概括文意配伍(本题共8题,每题1.0分,共8分。)Lookatthestatementsbelowandatthefiveextractsfromanarticleaboutwhattheyshouldtrytolearnandhoweffectiveorganizationallearningtakesplaceandistranslatedintoaction.Whicharticle(A,B,C,DorE)doeseachstatement1—8referto?Foreachstatement1—8,markoneletter(A,B,C,DorE)onyourAnswerSheet.Youwillneedtousesomeoftheselettersmorethanonce.Thereisanexampleatthebeginning,(0).AThelearningorganizationisonewheretheorganizationisdevelopingthecorecompetenciesthatwillgiveitcompetitiveadvantageinthemarketplace.Thesecorecompetenciesareoftwokinds:technicalcompetencieswhichprovidethekeytotheorganization'smarketposition;andmanagementcompetencieswhicharevitaltoitsperformanceasanintegratedorganization.BThekeyaspectsofindividualmanagementdevelopment,suchasrecruitment,training,careerdevelopment,jobrotation,specialassignments,meaningfulwork,relevantrewardsystems,needtobeembeddedinorganizationalsystems,structures,valuesandpoliciesandconsistentlyappliedinpractice.Inalearningorganization,managementdevelopmentisnotanonagain,offagainactivity.CAnorganizationfullofchangeeffectivemanagersonly,orofoperationalmanagersonly,islikelytobeheadedtowardsbankruptcy.Abalanceisneededbetweenoperationalandreshapingcompetencies.Partofthatbalanceneedstobefoundwithinindividuals,partofitintherespectivestrengthsofindividuals,andpartswithintheembeddedprocessesandresourcesoftheorganization.Thishasimportantimplicationsfortheplacingofmanagersinjobsandalsoformovingthemwhentheirkeyskillsarenolongersorelevantandthemanagerialneedsoftheirpositionschange.Italsohasimplicationsforthecompositionoftopteams.Unlessthetopteamincludessomepowerfulmemberswhoarecommittedtolong-termperformance,theorganizationisunlikelyinthelongertermtobuildthosereshapingcompetenciesthatwillensureitsownrenewalthatis,tobecomealearningorganization.DForward-lookingorganizationsareincreasinglyidentifyingpotentialchangeleadersearlyintheircareers,givingthemresponsibilitiesforsmallerchangeprojectsandtheopportunitytoworkcloselywitheffectivechangepractitionerssothattheycandeveloptherangeofreshapingcompetenciesthatthefirmsincreasinglyneed.Somefirmsarealsotakingsomeoftheirmosteffectivemanagersoff-lineandgivingthemprojectresponsibilitiesthatencouragethemtoaugmenttheirexistinghighlevelsofoperationalcompetencieswithreshapingcompetencies.Ensuringthatmanymanagersatcriticalstagesoftheircareershavetheexperienceofmanagingtransitionsisvitaltodevelopingamanagerialmindsetthatbalancestherelativeimportanceofmaintainingeffectiveongoingoperationswithtransformingthem.Itisthismindsetthatsupportstheneedforcurrentperformancewiththeopennesstochangethatunderliesalearningorganization.EInsomecases,reshapingcompetenciesmaydetractfromimmediatebusinessresults.Reshapingcompetenciesrequiresconsiderableinvestmentofresources,effortandtimesometimesforlittleornoimmediatebenefit.Theirexpectedbenefitsareoftendifficulttoquantifyormeasureandtheresultsonlyshowupovertime.Furthermore,continualinvestmentisneededtomaintainthem.Thebenefitsofcreatinglearningorganizationsdonotcomefree.Theyalsodonotcomeunmanaged.Tobeeffectiveinmeetingtheorganization'spurposes,organizationallearningneedstobeamanagedprocessandorganizationallearningakeyresponsibilityoftopmanagement.Thecreationanduseofreshapingcompetencies,bothpersonalandcorporate,isthekeycharacteristicofthelearningorganization.1、Thedevelopmentofindividualmanagersmustitselfbecomeacorporatecompetence.标准答案:B知识点解析:暂无解析2、Coursescanmakeanimportantcontributionbutneedtobecombinedwithapprenticeship,experientiallearningandmentoring.标准答案:D知识点解析:暂无解析3、Thatafirmsucceedsornotdependsonwhatitchoosestodoratherthantheenvironmentitoperates.标准答案:A知识点解析:暂无解析4、Reshapingcompetenciesaddslittletoimmediatebusinessresults.标准答案:E知识点解析:暂无解析5、Afirmperformswellifitdevelopsa"distinctivecompetence"overtime.标准答案:A知识点解析:暂无解析6、Acompanyneedstogiveitsmanagersasmanyopportunitiesaspossibletoaccessothertasks.标准答案:D知识点解析:暂无解析7、Reshapingcompetenciesmaynotbringgreatbenefittothecorporationimmediately.标准答案:E知识点解析:暂无解析8、Managersdonotneedidenticalsetsofcompetencies.标准答案:C知识点解析:暂无解析二、段落完型(本题共6题,每题1.0分,共6分。)ReadthistexttakenfromanarticleaboutbusinessandsocialresponsibilityChoosethebestsentencetofilleachofthegaps.Foreachgap9—14,markoneletter(A—H)onyourAnswerSheet.Donotuseanylettermorethanonce.Thereisanexampleatthebeginning,(0).BusinessandSocialResponsibilityTodaymoreandmorepeoplebelievethatbusinessshouldplayanactiveroleinimprovingsocietyandsolvingsocialproblems.Forexample,weexpectthatbusinesseswilltakecarenottopollutetheairwebreatheorthewaterwedrink.(0)______BManycompaniesrecognizethisandhavestatedpubliclythattheywillactasagoodcitizen.Theysupportlocalarts,buildparks,raisefundsforcharities,andtrytoputbacksomeoftheirprofitsintothecommunitythathasmadetheirsuccesspossible.Agoodreasonforbusinessestobesociallyresponsibleisthatsocietygivesbusinessorganizationstherighttoexist.(9)______Itisonlyrightforbusinessestoparticipateinmakingthecommunityinwhichtheyoperateabetterplace.Inaddition,beingsociallyresponsiblebenefitsbusinesses.(10)______Customersactuallyvoteforproductsandcompanieswhentheymakeapurchase.Ifaproductisofgoodqualityandpricedfairly,theywillprobablybuyitmorethanonce.However,whencustomersfindoutthatamanufacturerproducesonlyinferiororshoddyproductsthatcheatthemoutoftheirmoney,theymaybecomesoangrythattheywillneverpurchaseanotheroneoftheirproducts.(11)______Whenenoughpeoplebelieveabusinessnolongerservessociety'sbestinterests,theymaypressurethefirmintoitsdoombyboycottingitsgoodsorservices,influencingofficialsagainstit,condemningitinthemedia,orpatronizingotherfirms.(12)Onlybusinessthatareconcernedaboutsocietyaswellasaboutmaintainingprofitabilityarelikelytoinvestvoluntarilyinsociallyresponsibleactivities.Forexample,theformerpresidentofPizzaHut,OrrGunther,implementedaprogramcalled"Book-it".Thisprogramrewardedchildrenwithafreepizzaforreadingacertainnumberofbooks.(13)______Tobesuccessful,abusinessmustdeterminewhatcustomersandsocietywantorexpectintermsofsocialresponsibility.Althoughsocialresponsibilitymayseemanabstractidea,managersconsideritonadailybasisastheydealwithrealissues.(14)______AConsumersmayalsoshunfirmsthatpollutetheenvironmentorengageinunethicalpracticesbynotpurchasingtheirproducts.BWealsoexpectthemtoofferfairwagesandemployeebenefitsandtoprovideasatisfactoryproductorserviceatareasonableprice.CAbusinesswhosegoalistomaximizeprofitsisnotlikelytoactoutofasenseofsocialresponsibilityeventhoughitsactivitywillprobablybelegal.DAsocialsettingorenvironment,withitslaws,customs,andothersocialandculturalnorms,allowsbusinessestoformandfunction.EInmanycases,acompanywillmakegreaterprofitsinthelongrunifitconsidersthebenefitstosociety.FAbusinessmustmonitorchangesandneedsinsocietyinordertobehaveinasociallyresponsibleway.GWhenabusinessisownedentirelybyoneperson,thebusinessiscalledasoleproprietorship.HSuchabusinessmaywinthetrustandrespectofitscustomersandinthelongrunincreaseprofits.9、标准答案:D知识点解析:暂无解析10、标准答案:E知识点解析:暂无解析11、标准答案:A知识点解析:暂无解析12、标准答案:C知识点解析:暂无解析13、标准答案:H知识点解析:暂无解析14、标准答案:F知识点解析:暂无解析三、常规阅读理解(本题共6题,每题1.0分,共6分。)Readthefollowingextractfromanarticleabouttheadvantagesofmakingthefirstoffer/demandinnegotiation.Foreachquestion15—20,markoneletter(A,B,C,orD)onyourAnswerSheetfortheansweryouchoose.Makingthefirstoffer/demandcangiveapsychologicaladvantage.Duringanegotiation,issues,positions,andeveninterestsshiftandrealigninaccordancewithamanageddisclosureofinformation.Understandingthepowerofperceptionisparamount.Ifonepersonacquiresthepowertomanipulatetheperceptionofothers,thatpersonenjoysasubtlebutpowerfuladvantage.Makingthefirstsignificantmovecanbeapowerfulstatementandcanaffectothers'perceptionsoftheonemakingtheofferandofthesituationingeneral.Inmilitaryterms,theopeninggambitis"takingtheinitiative".Onceonepartytakestheinitiative,theothersidefrequentlyfindsitdifficulttoregainitsownmomentum.Makingacompetentfirstoffer/demandcantakecontroloftheentirenegotiation.Acompetentopeninggambitgoeshandinhandwiththeideaofcreatingapsychologicaladvantage.Theconceptisanalogoustothetheoryof"primacy"inacourtroomtrial.Thatis,onceaparticipantgetstheinitiativeandcompetentlyrunswithit,theothersideusuallyremainsinareactivemode.Therearetechniquesthatgoodstrategistscansometimesusetoregaintheinitiative,butsuchprocedurestendtobe"dicey".Unlessrecoverystrategiesareexecuteddeftlybyanexperiencednegotiator,thepartytryingtoregaintheinitiativerunstheriskofturninganegotiationintoaconfrontational/adversarialevent.Suchanoutcomegivesrisetoahostofdifficulties.Makingawell-thought-outfirstoffer/demandshowsconfidenceinyourposition.Ithasbeensaidthatthelawiswhatisforcefullystatedandplausiblymaintained.Likewise,innegotiation,ifonepartymakesastrongplausibleopening,thatopeningcanoftenconvincetheotherpartythatthisoffermeritscarefulconsideration—thatitiscredible.Ifpresentedintherightway,awell-thought-outfirstoffercansendamessagethatthepartymakingtheofferisstrongandconfident.Suchanoffercancausetheotherpartytorethinkhisorherposition.Itisimportanttonote,however,thatthisconfidencefactoredgeislimitedtoagoodfaithoffermadewiththeintentofactuallymakingadeal.Iftheofferordemandismerelyafishingexpedition,thatistantamounttopositioningbymakingaveryloworveryhighopening.Thenthetoneandwordsusedtocouchtheoffershouldbechosensothattheyeffectivelytransmittheintentbehindtheoffer.Givingunsupportablefigureswrappedinamantleofcredibilityisveryconfusingandcouldsabotagethewholenegotiationprocess.Makinganeffectivefirstoffer/demandshowspreparation.Awellprepared,strong,confidentopeningoffer/demandsendsamessagethat"Thispersondidhis/herhomework".Unfortunately,toomanytimesthepartiesdonotadequatelyprepareforanegotiation.Whenonepartyprepareswellandtheotherdoesnot,theresultcanbeintimidatingtothelesspreparedperson.Withoutevenintendingto,thebetterpreparedpartytakestheinitiativeanddoesnotloseit.Thepreparednegotiatorisusuallytheonewhoclaimsthelargersurplusinagivennegotiation.However,insomecircumstancesabetterpreparedpersonmightchoosetowaitandlettheotherpartymakethefirstoffer.Suchastrategystillcanbeconsistentwiththeoverallthemepresentedhere,namely,thatthefirstmove—theopeninggambit—shouldbeathoughtful,consideredmove.Itshouldnotbeadefault.15、Whatmightbethefirstsignificantmoveinnegotiatingprocess?A、Creatingapsychologicaladvantage.B、Apowerfulstatementthatmanipulatestheperceptionofothers.C、Takingtheinitiative.D、Gainingthemomentum.标准答案:B知识点解析:暂无解析16、Whatiscreatedbybothacompetentfirstoffer/demandand"primacy"inacourtroomtrial?A、Theperceptionofothers.B、Areactivemode.C、Aconfrontationalevent.D、Apsychologicaladvantage.标准答案:D知识点解析:暂无解析17、Whatisnottrueaboutregainingtheinitiativeaccordingtothepassage?A、Goodstrategistscansurelyusesometechniquestoregaintheinitiative.B、Tryingtoregaintheinitiativerunstheriskofgivingrisetoahostofdifficulties.C、Thoughrecoverystrategiesareexecuteddeftlybyanexperiencednegotiator,theprocedurestendtoberisky.D、Thoughrecoverystrategiesareexecuteddeftlybyanexperiencednegotiator,thenegotiationmayturnintoanadversarialevent.标准答案:A知识点解析:暂无解析18、Ifonepartymakesastrongplausibleopeningintherightway,thatopeningcanoftenA、causetheotherpartytorethinkhisorherposition.B、leadtoanadversarialevent.C、sabotagethewholenegotiationprocess.D、causetheotherpartytoloseconfidence.标准答案:A知识点解析:暂无解析19、Whatkindofanoffercouldletthewholenegotiationprocessgosmoothly?A、Averyloworveryhighopening.B、Unsupportablefigureswrappedinamantleofcredibility.C、Agoodfaithoffer.D、Astrongplausibleopening.标准答案:C知识点解析:暂无解析20、Whichofthefollowingsituationsisathoughtful,consideredfirstmove?A、Abetterpreparedpersonwaitedandlettheotherpartymakethefirstofferinsomecases.B、Awellpreparedpartygaveunsupportablefigureswrappedinamantleofcredibilitytryingtoclaimthelargersurplus.C、Awellpreparedpartywasusingthenegotiabletoneandwordstocouchtheoffer.D、Awellpreparedpartywasusingrecoverystrategieswiththehelpofanexperiencednegotiator.标准答案:A知识点解析:暂无解析四、完形填空(单选)(本题共10题,每题1.0分,共10分。)Readthearticlebelowaboutjobmarket.ChoosethecorrectwordorphrasetofilleachgapfromA,B,C,orD.Foreachquestion21—30.markoneletter(A,B,C,orD)onyourAnswerSheet.Thereisanexampleatthebeginning,(0).Injusteightyears,by2010,therewillbe58millionjobsintheUnitedStates,(0)DtheBureauofLaborStatistics.Thebureau(21)______betweennowand2010some22millionnewjobswillbecreated.And36millionmore(22)______willresultfromretirementsandotherswhodropoutoftheworkforce.Nearlyallthatjob(23)______,incidentally,willcomeintheservicesector.Manufacturingjobswillgrowatonly(24)______ofapercentannually.That'snotbecausethosejobsaregoingoverseas,bytheway.Blametheslowgrowthinmanufacturing(25)______thefastgrowthinmanufacturingproductivity.EdPotter,presidentoftheEmploymentPolicyFoundationsinWashington,saidthefoundation'sanalysisofjobgrowthandwhat's(26)______happeningineducationshowtherecouldbeas(27)______as3.5millionprofessionalsattheendofthisdecade.Despitethecurrentrecessionandlayoffs,a(28)______ofemployersbytheNationalAssociationofManufacturersfound80percentofcompaniessayasevereshortageofqualifiedjob(29)______alreadyexists.And60percentofthosecompaniessaidthelackofskilledworkerswas(30)______theirabilitytoproduce.21、A、persistsB、predictsC、distinguishesD、extinguishes标准答案:B知识点解析:暂无解析22、A、openingsB、peopleC、employeesD、occupations标准答案:A知识点解析:暂无解析23、A、seekersB、growthC、applicationD、application标准答案:C知识点解析:暂无解析24、A、three-tenthsB、third-tenC、third-tenthsD、thirds-ten标准答案:A知识点解析:暂无解析25、A、forB、withC、onD、above标准答案:C知识点解析:暂无解析26、A、reliablyB、currentlyC、fortunatelyD、definitely标准答案:B知识点解析:暂无解析27、A、manyB、strongC、confidentD、short标准答案:D知识点解析:暂无解析28、A、surveyB、lotC、showD、group标准答案:A知识点解析:暂无解析29、A、increaseB、candidatesC、declineD、interviewers标准答案:B知识点解析:暂无解析30、A、influencingB、effectingC、enhancingD、improving标准答案:C知识点解析:暂无解析五、完形填空(填空)(本题共10题,每题1.0分,共10分。)Readarticlebelowaboutpredisciplinerecommendations.Foreachquestion31—40.writeonewordinCAPITALLETTERSonyourAnswerSheet.Thereisanexampleatthebeginning,(0).PREDISCIPLINERECOMMENDATIONS(0)...anemployeeisdisciplined,managementcantakeseveralstepstoensurethattheactionwillbeconstructiveandwillnotlikelyberescinded(31)______higherlevelsofmanagement.Adequaterecordsare(32)______utmostimportanceindisciplinecases.Writtenrecordsoftenhaveasignificantinfluence(33)______decisionstooverturnadisciplinaryaction.Pastruleinfractionsandoverallperformanceshouldberecorded.Anotherkeyresponsibilityofmanagementistheinvestigation.Thingsthatappearobvious(34)______thesurfacearesometimescompletelydiscreditedafterinvestigation.Accusations(35)______anemployeemustbesupportedbyfacts.Anydecisionstodisciplineemployeeshavebeenoverturnedduetoanimproperorless(36)______thoroughinvestigation.Unduehasteintakingdisciplinaryaction,takingtheactionwhenthemanagerisangry,andimproperandincompleteinvestigationsfrequentlycausedisciplinaryactionstoberescinded.Anemployee'sworkrecordshouldalsobeconsideredapartoftheinvestigation.Goodperformanceandlongtenurewiththeorganizationareconsiderations(37)______shouldinfluencetheseverityofadisciplinaryaction.Naturally,theinvestigationmusttakeplace(38)______anydisciplineisadministered.Amanagershouldnotdisciplineanemployeeandthenlookforevidencetosupportthedecision.Atypicalfirststepintheinvestigationofthefactsis(39)______managementtodiscussthesituationwiththeemployee.Providingtheemployeewithanopportunitytopresenthisorhersideofthesituationisessential(40)______adisciplinarysystemistobeviewedpositivelybyemployees.31、标准答案:BY知识点解析:暂无解析32、标准答案:OF知识点解析:暂无解析33、标准答案:ON知识点解析:暂无解析34、标准答案:ON知识点解析:暂无解析35、标准答案:AGAINST知识点解析:暂无解析36、标准答案:THAN知识点解析:暂无解析37、标准答案:THAT/WHICH知识点解析:暂无解析38、标准答案:BEFORE知识点解析:暂无解析39、标准答案:FOR知识点解析:暂无解析40、标准答案:IF知识点解析:暂无解析六、改错(本题共12题,每题1.0分,共12分。)Readthetextbelowaboutafter-saleservice.Inmostofthelines41—52thereisoneextraword.Itiseithergrammaticallyincorrectordoesnotfitinwiththemeaningofthetext.Somelines,however,arecorrect.Ifalineiscorrect,writeCORRECTonyourAnswerSheet.Ifthereisanextrawordintheline,writetheextrawordinCAPITALLETTERSonyourAnswerSheet.Theexercisebeginswithtwoexamples,(0)and(00).0Serviceisthepromptdeliveryoftheproduct.Itiscourteoussalespersonnel.Itisa00userorservicemanualmodifiedtomeetforyourcustomer'sneeds.Itisready41accesstoaservicefacility.Itisknowledgeable,cost-effectivemaintenance,and42repair,orreplacement.Serviceisdealersupport.Servicevariesbytheproducttype,43thequalityoftheproduct,thepriceoftheproduct,andthedistributionchannelof44employed.Soforexportproductsthatrequirenoservice-suchasfoodproducts,45someconsumergoods,andcommercialdisposables,theissueisresolvedwhen46oncedistributionchannelshavebeenidentified.Ontheotherhand,becausethe47characteristicsoftheconsumerdurablesandsomeconsumablesdemandthat48servicebeavailable.Forsuchproducts,serviceisafeaturethatexpectedbythe49consumer.Infact,foreignbuyersofindustrialgoodstypicallyplaceserviceatthe50forefrontofthecriteriatheyevaluatewhentheymakingapurchasedecision.An51exportingfirm'sstrategyandmarketentrydecisionmaybedictatethatitdoesnot52providewithafter-saleservice.Itmaydeterminethatitsexportobjectiveisthesingleormultipleopportunisticentryintoexportmarkets.Althoughthisapproachmayworkintheshortterm,subsequentproductofferingswillbelesssuccessfulasbuyersrecallthefailuretoprovideexpectedlevelsofservice.Asaresult,marketdevelopmentandsalesexpendituresmayresultinone-timesales.41、标准答案:AND知识点解析:暂无解析42、标准答案:CORRECT知识点解析:暂无解析43、标准答案:OF知识点解析:暂无解析44、标准答案:SO知识点解析:暂无解析45、标准答案:WHEN知识点解析:暂无解析46、标准答案:BECAUSE知识点解析:暂无解析47、标准答案:THE知识点解析:暂无解析48、标准答案:THAT知识点解析:暂无解析49、标准答案:CORRECT知识点解析:暂无解析50、标准答案:THEY知识点解析:暂无解析51、标准答案:BE知识点解析:暂无解析52、标准答案:WITH知识点解析:暂无解析BEC商务英语(高级)阅读模拟试卷第2套一、概括文意配伍(本题共8题,每题1.0分,共8分。)Lookatthestatementsbelowandatthefiveextractsfromanarticleaboutinvestmentandacquisitions.Whicharticle(A,B,C,DorE)doeseachstatement1—8referto?Foreachstatement1—8,markoneletter(A,B.C,DorE)onyourAnswerSheet.Youwillneedtousesomeoftheselettersmorethanonce.Thereisanexampleatthebeginning,(0).AWhetheradirectinvestmentismadebyacquisitionorstart-updepends,ofcourse,onwhichcompaniesareavailableforpurchase.Thelargeprivatizationprogramsoccurringinmanypartsoftheworldhaveputhundredsofcompaniesonthemarket,andMNEshaveexploitedthisnewopportunitytoinvestabroad.Forexample,overhalfthevalueofFDI(Foreigndirectinvestment)inCentralandEasternEuropehascomefromprivatizationprograms.Therearemanyreasonsforseekingacquisitions.BOneconcernisthedifficultyoftransferringsomeresourcetoaforeignoperationoracquiringthatresourcelocallyforanewfacility.Oneresourcethatisparticularlydifficulttoacquireispersonnel,especiallyifthelocallabormarketistight.Insteadofpayinghighercompensationthancompetitorsdotoenticeemployeesawayfromtheiroldjobs,acompanycanbuyanexistingcompany,whichgivestothebuyernotonlylaborandmanagementbutalsoawholeorganizationalstructurethroughwhichthesepersonnelmayinteract.CThroughmarketingofmassconsumerproducts,especiallyifthecostandriskofbreakinginanewbrandarehigh.Further,acompanythatdependssubstantiallyonlocalfinancingratherthanonthetransferofcapitalmayfinditeasiertogainaccesstolocalcapitalthroughanacquisition.Localcapitalsuppliersmaybemorefamiliarwithanongoingoperationthanwiththeforeignenterprise.Inaddition,anexistingcompanysometimesmaybeacquiredthroughanexchangeofstock,thuscircumventinghome-countryexchangecontrols.DAcquisitionsmayreducecostsandrisksaswellasprovidequickerresults.Acompanymaybeabletobuyfacilities;particularlythoseofabankruptoperation,forlessthanitwouldcosttobuildthematcurrentconstructioncosts.Ifaninvestorfearsthatamarketdoesnotjustifyaddedcapacity,acquisitionenablesittoavoidtheriskofdepressedpricesandlowerunitsalesperproducer,whichmightresultfromnewfacilities.Finally,bybuyingacompany,aninvestoravoidsthehighexpensescausedbyinefficienciesduringthestart-upperiodandgetsanimmediatecashflowratherthantyingupfundsduringconstruction.EE.Althoughacquisitionsofferadvantages,apotentialinvestorwillnotnecessarilybeabletorealizethem.Foreigninvestmentsfrequentlyaremadewherethereislittleornocompetition,sofindingacompanytobuymaybedifficult.Inaddition,localgovernmentsmaypreventacquisitionsbecausetheyfearlesseningcompetitionormarketdominancebyforeignenterprises.Evenifacquisitionsareavailable,theyarelesslikelytosucceedthanstart-upoperations.Onefactoristhatthosecompaniesthatcanbeacquiredmightembodysubstantialproblemsfortheinvestor:personnelandlaborrelationsmaybebothpooranddifficulttochange.1、It’sdifficulttofindacompanytobuy.标准答案:E知识点解析:暂无解析2、Privatizationprogramsarequiteimportanttogainingthevalue.标准答案:B知识点解析:暂无解析3、Localgovernmentmaypreventacquisitionsbecauseoftworeasons.标准答案:E知识点解析:暂无解析4、It’sagoodmethodtobuyanexistingcompanytosolvetheproblemofpersonnel.标准答案:B知识点解析:暂无解析5、Acquisitionsmaymakeacompanygainalottothemarketingofmassconsumerproducts.标准答案:C知识点解析:暂无解析6、It’seasiertogainaccesstolocalthroughacquisitions.标准答案:C知识点解析:暂无解析7、Acquisitionshaveotherthreeadvantageslikereducingcosts,reducingrisksandprovidingquickerresults.标准答案:D知识点解析:暂无解析8、Buyingabankruptoperationcanmakeacompanypaylessthanitwouldcost.标准答案:D知识点解析:暂无解析二、段落完型(本题共6题,每题1.0分,共6分。)Readthistexttakenfromanarticleaboutlogisticsandcorporateprofitperformance.Choosethebestsentencetofilleachofthegaps.Foreachgap9—14,markoneletter(A—H)onyourAnswerSheet.Donotuseanylettermorethanonce.Thereisanexampleatthebeginning,(0).Inanuncertaineconomicenvironment,topmanagementwillbeinterestedinassetmanagementandflowmanagement.(0)______H.Theycanrepresentover50percentofmanufactures'totalasset,andmorethan80percentofwholesalers'andretailers'totalassets.Whentopmanagementmandatesareductioninaccountsreceivableand/orinventories,itsobjectiveistoimprovecashflowandreducethecompany'sinvestmentinassets.(9)______.Butreductioninthetermsofsale,orevenenforcementofthestatedtermsofsale,ineffectchangestilepricecomponentofthefirm'smarketingmix.(10)______Thearbitraryreductionofaccountsreceivableand/orinventoriesintheabsenceoftechnologicalchangeorchangesinthelogisticssystemcanhaveadevastatingimpactoncorporateprofitperformance.(11)______.First,thechangealtersthemanufacturer'spriceandthereforethecompetitivepositionofitsproducts,whichmayleadtodecreasedsales.Second,itfurthercomplicatesthecashflowproblemsofthemanufacturer'scustomers.Forcingfasterpaymentofinvoicescauseschannelmemberstoimprovetheircashflowbyreducingtheirinventoriesofthemanufacturer'sproducts.(12)______Thissituationmayalsoresultinstock-outofthemanufacturer'sproductsasthewholesaleorretaillevelofthechannel,furtherreducingsalesvolume.Similarly,amanufacturer'spolicyofarbitrarilyreducinginventoryleveltoincreaseinventorysums,intheabsenceofasystemchange,mayescalatetransportationcostsand/orproductionsetupcostsasthelogisticssystemscramblestoachievethespecifiedcustomerservicelevelswithlowerinventories(assumingthecompanywasefficientlyandeffectivelydistributingproductspriortothepolicychange).(13)______.Inthiscase,customerservicelevelswouldbeeroded,andadecreaseinmarketsharemightresult.(14)______.AHowever,ifmanagementconcentratesonsystemchangesthatimprovelogisticsefficiencyand/oreffectiveness,itmaybeabletosatisfyallofthefirm'sobjectives.BUsually,managementassumesthatrevenuesandothercostswillremainthesame.CTheydosobyplacingsmaller,morefrequentorders,whichmayincreasetotallogisticscostforboththemanufactureranditscustomers.DIneithersetofcircumstances,theincreasedcostoftransportationand/orproductionorthelostsalescontributioncouldfarexceedthesavingsininventoryc

温馨提示

  • 1. 本站所有资源如无特殊说明,都需要本地电脑安装OFFICE2007和PDF阅读器。图纸软件为CAD,CAXA,PROE,UG,SolidWorks等.压缩文件请下载最新的WinRAR软件解压。
  • 2. 本站的文档不包含任何第三方提供的附件图纸等,如果需要附件,请联系上传者。文件的所有权益归上传用户所有。
  • 3. 本站RAR压缩包中若带图纸,网页内容里面会有图纸预览,若没有图纸预览就没有图纸。
  • 4. 未经权益所有人同意不得将文件中的内容挪作商业或盈利用途。
  • 5. 人人文库网仅提供信息存储空间,仅对用户上传内容的表现方式做保护处理,对用户上传分享的文档内容本身不做任何修改或编辑,并不能对任何下载内容负责。
  • 6. 下载文件中如有侵权或不适当内容,请与我们联系,我们立即纠正。
  • 7. 本站不保证下载资源的准确性、安全性和完整性, 同时也不承担用户因使用这些下载资源对自己和他人造成任何形式的伤害或损失。

评论

0/150

提交评论