单选题He walked with a kind of ______ as if he hadn't a care in the world.
A. amble
B. saunter
C. promenade
D. parade
单选题{{B}}Background Information{{/B}} Share is the evidence of
ownership that represents an equal proportion of a firm's capital. It entitles
its holder (the shareholder)to an equal claim on the firm's profits and an equal
obligation for the firm's debts and losses. Two major types of shares are (1)
ordinary shares(common stock), which entitle the shareholder to share in the
earnings of the firm as and when they occur, and to vote at the firm's annual
general meetings and other official meetings, and (2)preference shares
(preference stock)which entitle the shareholder to a fixed periodic
income(interest)but generally do not give him or her voting rights. A stock(also
known as an equity or a share)is a portion of the ownership of a corporation. A
share in a corporation gives the owner of the stock a stake in the company and
its profits. If a corporation has issued 100 stocks in total, then each stock
represents a 1% ownership in the company.
{{B}}Wall St. Unfazed by Stress Test Details{{/B}}
Investors are unlikely to know the results of the government's stress
tests of major banks until May 4, but Wall Street cleared one hurdle on Friday.
stocks did not lose their footing after regulators laid out how they were
conducting the assessments. Shares pushed higher even though few
details were forthcoming on the ratios and metrics being used to determine
whether banks need to raise more capital. Still, investors speculated that most
of the 19 financial institutions were well capitalized and would not need huge
new infusions of capital from private investors or the government.
The Dow Jones industrial average rose 119.23 points, or 1.5 percent, to 8
076.29. The Standard & Poor's 500-stock index climbed 14.31 points, or 1.68
percent, to 866.23. The Nasdaq composite index gained 42.08 points, or 2.55
percent, to 1 694.29. But even with the day's gains, stocks were
slightly lower for the week, breaking a six-week winning streak. The Dow Jones
industrial average fell 0.7 percent for the week, while the Standard &
Poor's 500 dropped 0.4 percent. Even so, the Nasdaq composite index rose 1.3
percent. Energy companies and producers of basic materials led
the market, as commodities like Copper and sugar gained ground and oil prices
rose above $50 a barrel, buoyed by hopes that the economic decline was slowing.
Crude oil for June delivery settled at $51.55 a barrel, up $1.93.
Investors, who had braced for grim news about corporate earnings, cheered
less-bad reports from some major American companies. The
automaker Ford Motor reported a $1.4 billion loss for the first quarter, but
said it was spending money at a slower pace and did not expect to seek
government aid. Two of its competitors, General Motors and Chrysler, have taken
billions in government money, and both are facing the possibility of
bankruptcy. Shares of Ford rose 51 cents, or 11.36 percent, to
$5. After slipping to less than $2 in February, Ford's stock has rebounded as
investors bet that the company is better positioned than its rivals.
American Express and Microsoft also surprised investors after the markets
closed on Thursday. American Express reported net income of $437
million in the first three months of the year, beating analysts' forecasts. It
said it hoped to repay the government's financial bailout money once regulators
finished conducting stress tests on the company's health. Shares
of American Express gained $3.33, or 20.7 percent, to $25.30, pacing other
companies in the financial sector on Friday. Shares of major banks like Bank of
America and JPMorgan Chase rose, but Citigroup declined as investors read
through the Fed's 21-page summary of how it conducted the stress
tests. Shares of Microsoft gained $1.99, or 10.5 percent, to
$20.91. The personal computer company said Thursday that both earnings and
revenue fell, but investors took solace from Microsoft's cost-cutting
efforts. Meanwhile, the Commerce Department reported that new
orders for durable goods fell 0.8 percent in March, after a 2.1 percent increase
in February. Although it was the seventh decline in eight months, economists had
been expecting an even steeper drop of 1.5 percent, and saw a silver lining in a
4.4 percent rise in new orders for civilian aircraft. A report
on sales of new homes in March said they were down again, but less than
expected. Sales of new single-family homes fell to an annual rate of 356 000, a
decline of 0.6 percent from February and 30.6 percent below last year. Wall
Street had expected an annual pace of 337 000 in sales. Prices
for government debt dropped sharply, pushing yields on the benchmark 10-year
Treasury note to 2.99 percent, up from 2.92 Thursday. The price, which moves in
the opposite direction from the yield, fell 19/32, to 97 31/32.
Analysts say that investors who had flocked to safe-haven government debt
at the height of the financial crisis are now looking for greater returns in
corporate bonds and municipal debt, and growing wary about the vast new supplies
of Treasuries that will hit the market as the government raises money to finance
its huge stimulus projects. VocabularyExercises
单选题
单选题While trade liberalisation needs to take ______ account of adjustment
costs, policymakers worldwide should move ahead vigorously on the basis of
multilateral commitments.
A. by
B. all
C. in
D. due
单选题 You will hear a talk about management. You
have to complete the sentences 23--30 by choosing the correct answer.
Mark one letter A, B or C.
单选题Remember to wear ______ boots because we will be going over sharp rocks
and uneven terrain.
A. strong
B. sturdy
C. rugged
D. wimpy
单选题He acknowledged that some of the call centers will ______
telemarketing, using native English speakers to help sell products.
A. be geared toward
B. be adept at
C. be related to
D. be familiar to
单选题Qualifications
You must possess a Bachelor or a Master of Science degree in Computer Science or Computer Engineering with more than three years of experience in software development, in Windows*internals, Windows* Driver development, IA-32 platform design, kernel debugger expertise and solid programming skills.
Applicants must have
单选题This positive ______ in the wind has led some European policy-makers
to make more strident calls for fiscal tightening than they would have dared to
a year ago.
A. clue
B. straw
C. hay
D. grass
单选题Until the previous summer, Stuart had courted India Wilkes with the
______ of both families and the entire County.
A. confirmation
B. approbation
C. authorization
D. endorsement
单选题Colleges, once seen as beacons of egalitarian hope, are becoming
fortress of wealth and privilege that ______ inequality.
A. continue
B. prevail
C. remain
D. perpetuate
单选题McDonald's paid an undisclosed amount to be the official
coffee-______, in an attempt to persuade designers that they do not have to
drink designer coffee.
A. designer
B. producer
C. purveyor
D. consumer
单选题Don't believe the ______ about US debt. In fact, the private sector
teaches us why increasing government debt right now is a good idea.
A. hype
B. blurb
C. sneer
D. approbation
单选题UBS revealed plans to fire 10,000 bankers, in one of the biggest
bonfires of finance jobs since the ______ of Lehman Brothers in 2008.
A. spoil
B. destruction
C. explosion
D. implosion
单选题The United States reaffirmed its determination to ______ the Taliban
militants in Afghanistan and Pakistan.
A. dismantle
B. wreck
C. break
D. undermine
单选题Chairman"s Statement
Despite the appearance of a new competitor on the market the company continued to grow and increase its market share throughout 2000. Partly in response to this new threat but, more importantly, as part of a strategy for growth, several key decisions were taken this year. The most significant new developments included a range of vitamin rich children"s drinks and low calorie diet drinks, which both proved very popular.
The company is still best known for its range of refreshing fruit drinks and, not surprisingly, these were our biggest sellers once more. There were two new additions to the range last year, Squish and Liquid Sunshine, both of which have a distinctive Caribbean flavour. The first sales figures suggest that our expensive TV advertising campaign was very successful and that these products will soon be as popular as the rest of the fruit drink range.
Growth in the keep-fit and health markets meant our energy drinks did well in 2000. Sales of one brand, Booster were second only to fruit drinks in April. The strength of this particular market also explains the success of our new diet drinks.
There were, however, big differences in the performance of our older products. The company"s oldest product, mineral water, continued to enjoy a healthy share of a very profitable mass market. It seems our customers are still happy to stay with the brand despite the increasing number of competitors" products. Unfortunately, the same cannot be said of our Ice-T and Chocomania drinks. Sales showed an initial increase in the summer after we re-launched both products but customers soon bought other brands and total annual sales for both product ranges were disappointing.
The company also said goodbye to its own brand of cola, launched in 1998. After two unsuccessful years of trying to break into the huge cola market, 2000 looked like being another poor year. The company finally accepted that it had made a wrong decision and stopped production in September of that year.
单选题Stress can weaken the immune system and accelerate the ______ while
nutrition helps maintain immune function.
A. aging processing
B. age processing
C. aging process
D. age process
单选题{{B}}Text A{{/B}}{{B}}Background Information{{/B}} Teamwork is a
joint action by two or more people or a group, in which each person contributes
with different skills and expresses his or her individual interests and opinions
to the unity and efficiency of the group in order to achieve common
goals. This
does not mean that the individual is no longer important; however, it does mean
that effective and efficient teamwork goes beyond individual accomplishments.
The most effective teamwork is produced when all the individuals involved
harmonize their contributions and work towards a common goal.
{{B}}The Success of
Starbucks{{/B}} Because of rapid globalization over recent years,
the competition around the world becomes more intense, especially for the
service industry with the similar products. The most critical point for business
to succeed is not only the quality of products they supply, but the atmosphere
of cooperating and the amount from yield of teamwork in retail sales. The
employees who always deal with customers and can realize what customers really
need are first-line staff. Therefore, it turns to be essential for companies to
motivate, reward and train their employees to be the best quality
personnel. Starbucks began by three friends, Jerry Baldwin, Zev
Siegl, and Gordon Bowker, who knew each other in the University of Seattle. In
1971, the first name of their store is "Starbucks Coffee, Tea, and Spice" in
Seattle, Washington's Pike Place Market. Starbucks Corporation, the most famous
chain of retail coffee shops in the world, mainly benefits from roasting,
selling special coffee beans and various kinds of coffee or tea drinks. It owns
about 4 000 branches in the whole world. Moreover, it has been one of the most
rapidly growing corporations in America as well. The reasons why Starbucks is
worldwide popular are not only the quality of coffee, but also its customer
service and cozy environment. Starbucks establishes comfortable surroundings for
people to socialize with a fair price, which attracts consumers of various ages
to get into the stores. Besides, it is also noted for its satisfaction of
employees. The turnover rate of employees at Starbucks was 65% and the rate of
managers was 25% a year. However, the rates of other national chain retailers
are 150% to 400% and 50% respectively. Compared with them, the turnover rate of
Starbucks is much lower than other industries on average. As a result, Starbucks
would be one of the optimal business models for cooperation and
teamwork. Teamwork can not only construct a small social
structure in organization for employees to socialize, but also is a composite of
various kinds of members who are equipped with different background of skill and
knowledge on account of the mission. Each member plays an important role in the
teamwork; therefore everyone in that team can meet their need for getting
acquainted with different colleagues and learn new skill from each other. Thus
the definition of teamwork is a social system including more than three people
in an organization or context. These members identify others as one member of
the team and they have the same goal. The CEO of Starbucks
corporation, Howard Schultz, considers that the tip of success in Starbucks is
not coffee but employees, especially the cooperation among
employees--teamwork. 1. Equal treatment The
managers in Starbucks treat each workpeople equally and all of the staff are
called partners', even t he supervisors of each branch are so called as well. In
order to narrow the gap between managers and employees, they also co-work with
the basic level staff in the front line. Due to this, they can maintain a good
management system and create a much closer and more familiar atmosphere than
other places, which makes not only employees enjoy their job but also customers
affected by their enthusiasm. 2. Listen to employees
Starbucks has a well-organized communication channel for employees. It
places a great importance on labours. For example, managers plan the working
hours per worker and arrange the schedule of time off, and meet their
requirements according to their wants. There are interviews every week to see
what employees' need is. A special survey called "Partner View Survey" is taken
off approximate every two years. The managers can receive feedbacks through the
event on which part should be improved or what issue should be paid more
attention to. The partners have the right to figure out what is
the best policy for them, and the directors show a respect for each suggestion.
Starbucks even wants every employee to join in making and developing plans, then
achieving their goals all together. As a result, the policies and principles are
communicated between all staff, and there is no limitation in employees'
personal opinions. For this reason, business could improve, even innovate their
strategies by different ideas. 3. A goal of public
welfare Starbucks has endeavored to create "third place"
(outside from home or office) for people to take a rest. They want to provide
such a comfortable environment to increase the harmoniousness of the society.
Apart from this, Starbucks contributes part of its profits to public service: on
the other hand, it also sets a goal to improve and donate to the society. As a
consequence, the aim makes all staff have an idea that what they do for
Starbucks is for the society as well. As the goal theory, Starbucks sets a
challenging and specific goal, and it permits all partners to decide the
direction. Afterward, employees embrace to do what they chose and they get some
feedbacks from the goal. The concept causes an increase of the power of
agglomerating and enthusiasm in relation to a positive effect to the profit of
Starbucks. Starbucks changes the behaviors and view points of
global consumers to coffee, and this example of success has caught global
attention. Nevertheless, it was also a small retail coffee shop in North America
initially. Nowadays, it is not only one of the fastest growing corporations, but
also an outstanding business model with lower employee turnover rate and higher
profit performance. A good relationship between managers and employees could
maintain a high quality of performance. As the case of starbucks shows, using
the correct strategy would lead to a successful path.{{B}}Exercises{{/B}}
单选题License suspension or ______ traditionally follows conviction for
alcohol-impaired or drunk driving.
A. relocation
B. revocation
C. revolt
D. reliance
单选题The White House confirmed but sought to ______ a report by a
conservative website on Sunday that it had been the victim of a cyberattack.
A. minimize
B. downplay
C. ignore
D. neglect
