单选题
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单选题People from different cultures sometimes do things that make each other uncomfortable, sometimes without realizing it Most Americans
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out of the country and have very
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experience with foreigners. But they are usually spontaneous, friendly and open, and enjoy
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new people, having guests and bringing people together formally or informally. They tend to use first names
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most situations and speak freely about themselves. So if your American hosts do something that
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you uncomfortable, try to let them know how you feel. Most people will
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your honesty and try not to take you uncomfortable again. And you"ll all
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something about another culture!
Many travelers find
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easier to meet people in the U.S. than in other countries. They may just come up and introduce themselves or even invite you over
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they really know you. Sometimes Americans are said to be
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. Perhaps it seems so, but they are probably just
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a good time. Just like anywhere else, it takes time to become real friends
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people in the U.S..
If and when you
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American friends, they will probably
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introducing you to their friends and family, and if they seem proud
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you, it"s probably because they are. Relax and enjoy it!
单选题You will hear Desmond Butler, owner of Klikset, talking about how he created a successful toy company. For each question(23-30), mark one letter(A, B or C)for the correct answer. After you have listened once, replay the recording.
单选题The expert claims that the new systems can ...
a. deal with repetitive noise.
b. eliminate noise completely.
c. deal with one-off noise.
单选题WhatdoesSophiesayabouttheNottinghamcentre'sproblems;?A.Shedoesn'tknowwhathascausedthem.B.Shehadn'texpectedNottinghamtohaveproblems.C.Shedoesn'tthinktheywillcontinueforlong.
单选题·For each question 13-18, mark one letter (A, B, C or D) on your Answer
Sheet, for the answer you choose.
{{B}}Common Stock and Preferred
Stock{{/B}} A public corporation issues certificates of
ownership, called common stock, that may be traded on stock exchanges. Anyone
can buy and sell shares of common stock. Owners of stock are referred to as
shareholders and stockholders. Common stockholders are accorded certain rights
by the corporate charter. In the United States, these rights vary from state to
state, but in general the articles of incorporation spell out voting rights and
rights to receive profits. Common stockholders are the voting
owners of a corporation. They are usually entitled to one vote per share. They
may vote on numerous decisions affecting the corporation (including a derision
to sell or merge with another corporation) and elect a board of directors, who,
in turn, hire managers to run the business. A majority shareholder is one who
owns over 50 percent of the outstanding (issued) shares in a corporation and,
thus, can call the shots. All other shareholders are minority shareholders. In
large corporations no single person or organization owns anywhere near a
majority interest. In large, publicly owned corporations a shareholder with as
little as 10 percent of the shares may control the corporation effectively. If
things go badly, a coalition of so called dissident shareholders may gather
enough votes to replace the existing board of directors; the new hoard may fire
the existing management and bring in their own management team.
Although common stock represents ownership in a company, it does not guarantee
the owners a specific rate of return. As owners, the stockholders receive
profits after all expenses, including debts and taxes, have been paid. They
receive profits from the business in the form of dividend payments, which
represent a percent-age of profits. Not all after-tax profits are paid to the
stockholders in dividends. Directors usually deride quarterly how much, if any,
of the profits they wish to distribute to the owners. The profits are either
distributed to the owners in dividends or they are reinvested back into the
company in the form of retained earnings. If the company decides to keep the
profits, the company may become more valuable and the price of the stock usually
goes up. Some investors prefer profits in the way of dividends while others
speculate for an increase in the price of stock. If a company goes broken,
common stockholders get last claim on whatever is left over.
Corporations may also issue preferred stock to investors. Preferred stock
usually has no vote in the election of the bard of directors, but does get
preference in the distribution of the company's earnings. It offers investors a
different type of security and may be issued only after common stock has been
issued. The term "preferred" applies to two conditions. First, preferred
stockholders gain preferential treatment in the matter of dividends; that is,
they receive a fixed rate of dividends prior to the payment of dividends on
common shares. Second, if the company goes out of business or liquidates,
pregerred stockholders are closer to the front of the line than common
stockholders! when distributing the company's assets. Dividends
to preferred stock may be cumulative or noncumulative. Cumulative preferred
stock maintains its claim to dividends even if the company decides not to pay
them. For instance, if the company had a bad year in 1994, they might decide not
to pay dividends. But if they had a good year in 1995. noncumulative preferred
stock dividends do not accumulate. If dividends are not declared, noncumulative
owners lose their claim to the profit of that period. In short,
common stock usually has more control through voting privileges, greater chance
for high returns, and more risk, whereas preferred stock usually has less
control, fixed returns, less risk, and less chance for big gains.
单选题· Read the article below about business and customers and the questions on
the opposite page.· For each question 13-18, mark one letter (A, B, C or
D)on your Answer Sheet for the answer you choose.
{{B}}
Focus on Your Customer{{/B}} If
you think of the most successful companies around the world -- GM, Wal-Mart,
IBM, etc. -- they all have one thing in common: loyal customers. It can cost ten
to twenty times as much to acquire a customer as to retain one, so it's easy to
understand why customer relationship management is such a hot concept. But,
while everyone understands CRM is a good thing, putting a CRM strategy together
isn't easy. The place to start? A customer-driven business model.
A customer-driven business model is the most prudent method of ensuring
customer loyalty because it fosters a better relationship with new and existing
customers. Others such as market, price, cost or e-commerce-driven business
models may generate profits, but fall short of sustaining a loyal customer base.
At the heart of customer-driven business model is a clear understanding of
the customer -- not just customer trends (although this is useful information,
too), but the buying habits and history of every one of your customers. This
360-degree view provides analytics from multiple channels (direct, web, fax,
E-mail, call center, sales/marketing) and consolidates into a common repository.
Monitoring buying habits and tracking market dynamics lets you more effectively
market new and existing products and services. If you think this
is a daunting task, you aren't alone. Because most enterprises don't have a
consolidated view of their customers, obtaining customer profit and cost
information is often a Herculean effort. Implementing a CRM
solution is usually a huge project with a high probability of failure. Some
analysts suggest most businesses underestimate the cost of a CRM Implementation
by 40~75 percent. In fact, a successful CRM will interface with ERP systems to
provide integration with all customer interactions such as order processing,
billing. Also, CRM strategies must include commitment and sponsorship from
senior management, as it should be deemed a strategic investment that is
implemented incrementally and evolutionary. Understanding
critical success factors, such as those listed in the "Key to CRM Success"
sidebar, mitigates the risks. First, start with a cultural change that focuses
on a customer-centric business strategy. Make sure your organization is well
aware of the high cost of customer attrition and is focused on improving
retention, increasing loyalty. Understanding and broadcasting the cost of
acquiring new customers versus fostering existing relationships.
Second, focus on an enterprise view of the customer that encompasses all
customer data, such as communication history, purchasing behaviors, channel
preferences, demographics, etc. Understand your customers' preferred channels
and determine if there's some way to optimize them. Adopt a
flexible architecture that will expand with your business -- this is true with
any IT project. Never deploy a strategic, costly solution using the big-bang
approach. Always take an incremental, evolutionary, or iterative approach.
The impact to your organization can be significant, thus, proceed slowly and
ensure the returns on investment measures are in
place.
单选题
单选题·Read the article about People Express.·Choose the best word to fill
each blank, from A, B, C or D.·For each question 19—33 mark one letter (A,
B, C or D )on your Answer Sheet.·There is an example at the beginning.
{{B}}People
Express{{/B}}People Express, founded in April 1981, grew rapidly on the basis
of low fares and no-frills service. It soon became a leading airline and{{U}}
(19) {{/U}}changed the industry as firms constantly engaged in price
wars to lure passengers. Then, People Express' bubble{{U}} (20)
{{/U}}because it overexpanded, consumer complaints mounted and other
airlines matched its fares on popular routes. In 1986, People Express{{U}}
(21) {{/U}}hundreds of millions of dollars and was forced to sell out
to Texas Air, the owner of Continental and Eastern Airlines.In early 1987,
Texas Air{{U}} (22) {{/U}}People Express into its Continental division
and industry observers believed{{U}} (23) {{/U}}the costly fare wars
would be ended. They could not have been more wrong. To stimulate business for
its{{U}} (24) {{/U}}Continental Airlines, Texas Air instituted a new low
fare category{{U}} (25) {{/U}}MaxSaver. The fare offered prices that
were up to 40 per cent lower than "supersaver" rates offered{{U}} (26)
{{/U}}all airlines. For example, the round-trip MaxSaver fare from New York
to Houston was $79. The MaxSaver fares were immediately matched by all major
airlines, {{U}}(27) {{/U}}feared losing business.While MaxSaver
rates were low, they also had restrictions. Tickets could not be{{U}} (28)
{{/U}}or flight times modified after purchase. Passengers would have to stay
over either a Saturday or Sunday, Reservations had to be made at least two
days{{U}} (29) {{/U}}and there were limited seats available. Three weeks
after MaxSaver rates were{{U}} (30) {{/U}}American Airlines announced
plans to raise its discount fares and require 30-day{{U}} (31)
{{/U}}purchasing for its lowest fares. It felt it could not continue at the
rates in effect. However, just 10 days{{U}} (32) {{/U}}American Airlines
had to revise its plan. Texas Air refused to abandon the MaxSaver fare; it even
extended the program into the busy summer sea son. Competitors went along and
the price war raged on, {{U}}(33) {{/U}}an executive's comment that
"nobody's cost structure can survive MaxSavers."
单选题Why is a tax holiday an investment incentive?
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单选题10 The new price lists tomorrow and will be available in a few
days.
A. are being printed
B. are printed
C. were printed
D. will print
单选题Management for Global Business In the rapidly changing global economic and business landscape, the need for effective global business management has become even more important. For businesses to remain competitive, they must continually (19) to tap into the global markets and emerging world opportunities. Strategic business management in the present turbulent world economic conditions has to be more (20) as technology, production and consumption (21) are changing by the day. In this context, global business management can be (22) as the fundamental principles and practices of conducting global business activities the proper evaluation of international business opportunities and the optimum (23) of resources so as to (24) the individual business objectives in a global environment It is (25) with large national companies attempting to make it big on the global stage. Domestic businesses in an attempt to become multinational or transnational corporations face numerous (26) which can be duly (27) by global business management. In the (28) of globalization and a rapidly integrated world in (29) of tastes, preferences and even culture, the organizational and geographical (30) of global or multinational companies are getting even more pronounced. The idea of change—to effectively conduct the global business of the company in far flung areas of the world and to evaluate the business opportunities in remote corners of the globe—has to be dealt with in (31) with the new sociological, political and economic trends that (32) almost daily on the international front. Some of the burning (33) in the aspect of global business management include international trade, global human-resource management, global investment and global finance.
单选题A Partnerships On the whole, this is not a popular form of business organization, but it is often used by people in the professions, like doctors, dentists or lawyers, to expand their business.Greater efficiency is possible because people in this sort of association can spend their time doing what they are best at. If one person is sick, then the remaining partner(s) can carry on the work. The main disadvantage is that even with this form of ownership, the amount of money available to the business may be limited. If people quarrel or disagree over decision-making there can be problems and serious delays. B Public (PIC) Companies These are the largest businesses in the private sector. There is no limit to the number of people holding shares in it and many of the larger companies have their shares listed on the stock exchange. The advantage of big businesses like this is that they find it easier to raise money as banks consider them a "good risk". There are strict laws governing the setting-up of this kind of business and each year the company has to publish its accounts. The larger such businesses grow, the more difficult it is to control them. Workers in such businesses may feel that management doesn't understand their problems. C Private (Ltd) companies Such businesses are not allowed to sell shares to the public. They must consist of at least two members, but there is no upper limit to the numbers who own the company. The larger size makes it possible for such companies to borrow more money from the banks or from issuing additional shares to its members. The advantage is that such a business is able to offer its members limited liability (responsibility) for debts and losses. Many companies of this type exist in England, Europe and the U.S.
单选题19 When the post…, I'll bring it into your office.
A. will arrive
B. arrives
C. is arriving
D. is going to arrive
单选题 · Read the article below about the importance of writing job
descriptions. · Choose the best word to fill each gap from A, B,
C, or D. · For each question (19-33), mark one letter (A, B, C,
or D) on your Answer Sheet.
{{B}}Writing
Effective Job Descriptions{{/B}} A job description describes the
major areas of an employee's job or position. A good job description begins with
a careful{{U}} (19) {{/U}}of the important facts about a job, such as
the individual tasks{{U}} (20) {{/U}}the methods used to complete the
tasks, the purpose and responsibilities of the job, the{{U}} (21)
{{/U}}of the job to other jobs, and the{{U}} (22) {{/U}}needed for
the job. It's important to{{U}} (23) {{/U}}a job description practical
by keeping it dynamic, functional, and current. Don't get stuck with an
inflexible job description! A poor job description will{{U}} (24)
{{/U}}you and your employees from trying anything new and{{U}} (25)
{{/U}}how to perform their job more productively. A well- written,
practical job description will{{U}} (26) {{/U}}you avoid hearing a
refusal to carry out a relevant assignment because "It isn't in my job
description. " Realistically speaking, many jobs are{{U}} (27) {{/U}}to
change due either to personal growth, organizational development, or the
evolution of new technologies.{{U}} (28) {{/U}}job descriptions will
encourage your employees to grow within their positions and learn how to make
larger{{U}} (29) {{/U}}to your company. For example: Is your office
manager stuck{{U}} (30) {{/U}}ordering office supplies for the company
and keeping the storage closet well stocked or is he{{U}} (31) {{/U}}and
implementing a system of ordering office supplies that promotes cost savings
and{{U}} (32) {{/U}}within the organization? When
writing a job description, keep in mind that the job description will{{U}}
(33) {{/U}}as a major basis for outlining job training or conducting
future job evaluations.
单选题{{B}}PART ONE{{/B}}·Look at the statements below and the comments on change
management on the opposite page. ·Which section(A,B,C or D)does each
statement 1-7 refer to? ·For each statement 1-7,mark one letter(A,B,C or D).
·You will need to use some of these letters more than once.
A.For over three decades,academics,managers,and consultants,realizing that
transforming organizations is difficult,have analyzed the subject.They've sung
the praises of leaders who communicate vision and walk the talk in order to make
change efforts succeed.They've sanctified the importance of changing
organizational culture and employees'attitudes.They've teased out the tensions
between top-down transformation efforts and participatory approaches to
change.Still,studies show that in most organizations,two out of three
transformation initiatives fail.
B.Each manager looks at an initiative from his or her viewpoint and,based
on personal experience,focuses on different success factors.The
experts,too,offer different perspectives.A recent search for books on ‘change
and management’ turned up 6,153 titles,each with a distinct take on the topic.
Those ideas have a lot to offer,but take together,they force companies to tackle
many priorities simultaneously,which spreads resource sand skills thin.
C.Someofthehardfactorsthataffectatransformationinitiativearethetimenecessarytocompleteit,the
number of people required to execute it,and the financial results that intended
actions are expected to achieve. The research shows that change projects fail to
get off the ground when companies neglect the hard factors. That doesn't mean
that executives can ignore the soft elements;that would be a grave mistake.
However. If companies don't pay attention to the hard issues
first,transformation programs will break down before the soft elements come into
play.
D.Companies assume that the longer an initiative carries on. The more
likely it is to fail—the early impetus will peter out,windows of opportunity
will close,objectives will be forgotten,key supporters will leave or lose their
enthusiasm,and problems will accumulate. However,contrary to popular perception,
along project that is reviewed frequently is more likely to succeed than a short
project that isn't reviewed frequently. Thus,the time between reviews is more
critical for success than a project's life
span.
单选题We are looking forward you at next year's conference.
A. to see
B. to seeing
C. seeing
D. that we will see
