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Companies understandably ask: why should I train you ______ you’ll leave and work for my competitors?

A.if

B.unless

C.until

D.although

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更多“Companies understandably ask: …”相关的问题
第1题
Which of the following statements, if any, is/are correct? (1) Internal auditors should re

Which of the following statements, if any, is/are correct? (1) Internal auditors should report to the finance director as they understand internal controls and are best placed to implement any recommendations in a timely manner (2) Companies are not required to establish and maintain an internal audit function

A.1 only

B.2 only

C.Both 1 and 2

D.Neither 1 nor 2

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第2题
Historical developments of the past half century and the invention of modern telecommunica
tion and transportation technologies have created a world economy. Effectively the American economy has died and been replaced by a world economy.

In the future there is no such thing as being an American manager. Even someone who spends an entire management career in Kansas City is in international management. He or she will compete with foreign firms, buy from foreign firms, sell to foreign films, or acquire financing from foreign banks.

The globalization of the world's capital markets that has occurred in the past 10 years will be replicated right across the economy in the next decade. An international perspective has become central to management. Without it managers are operating in ignorance and cannot understand what is happening to them and their firms.

Partly because of globalization and partly because of demography, the work forces of the next century are going to be very different from those of the last century. Most firms will be employing more foreign nationals. More likely than not, you and your boss will not be of the same nationality. Demography and changing social mores mean that white males will become a smaller fraction of the work force as women and minorities grow in importance. All of these factors will require changes in the traditional methods of managing the work force.

In addition, the need to produce goods and services at quality levels previously thought impossible to obtain in mass production and the spreading use of participatory management techniques will require a work force with much higher levels of education and skills. Production workers must be able to do statistical quality control; production workers must be able to do just in-time inventories. Managers are increasingly shifting from a "don't think, do what you are told" to a "think, I am not going to tell you what to do" style. of management.

This shift is occurring not because today's managers are more enlightened than yesterday's managers but because the evidence is rapidly mounting that the second style. of management is more productive than the first style. of management. But this means that problems of training and motivating the work force both become more central and require different modes of behavior.

In the world of tomorrow managers cannot be technologically illiterate regardless of their functional tasks within the firm. They don't have to be scientists or engineers inventing new technologies, but they have to be managers who understand when to bet and when not to bet on new technologies. If they don' t understand what is going on and technology effectively becomes a black box, they will fail to make the changes that those who do understand what is going on inside the black box make. They will be losers, not winners.

Today's CEOs are those who solved the central problems facing their companies 20 years ago. Tomorrow's CEOs will be those who solve central problems facing their companies today. Sloan hopes to produce a generation of managers who will be solving today's and tomorrow's problems and because they are successful in doing so they will become tomorrow's captains of business.

The author suggests that a manager should hold a (an) ______ view on management.

A.economical

B.geographical

C.international

D.financial

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第3题
The chief executive officer (CEO) of Faoilean Co has just returned from a discussion at a

The chief executive officer (CEO) of Faoilean Co has just returned from a discussion at a leading university on the ‘application of options to investment decisions and corporate value’. She wants to understand how some of the ideas which were discussed can be applied to decisions made at Faoilean Co. She is still a little unclear about some of the discussion on options and their application, and wants further clarification on the following:

(i) Faoilean Co is involved in the exploration and extraction of oil and gas. Recently there have been indications that there could be significant deposits of oil and gas just off the shores of Ireland. The government of Ireland has invited companies to submit bids for the rights to commence the initial exploration of the area to assess the likelihood and amount of oil and gas deposits, with further extraction rights to follow. Faoilean Co is considering putting in a bid for the rights. The speaker leading the discussion suggested that using options as an investment assessment tool would be particularly useful to Faoilean Co in this respect.

(ii) The speaker further suggested that options were useful in determining the value of equity and default risk, and suggested that this was why companies facing severe financial distress could still have a positive equity value.

(iii) Towards the end of the discussion, the speaker suggested that changes in the values of options can be measured in terms of a number of risk factors known as the ‘greeks’, such as the ‘vega’. The CEO is unclear why option values are affected by so many different risk factors.

Required:

(a) With regard to (i) above, discuss how Faoilean Co may use the idea of options to help with the investment decision in bidding for the exploration rights, and explain the assumptions made when using the idea of options in making investment decisions. (11 marks)

(b) With regard to (ii) above, discuss how options could be useful in determining the value of equity and default risk, and why companies facing severe financial distress still have positive equity values. (9 marks)

(c) With regard to (iii) above, explain why changes in option values are determined by numerous different risk factors and what ‘vega’ determines. (5 marks)

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第4题
People can be addicted to different things—e.g., alcohol, drugs, certain foods, or even te
levision. People who have such an addiction are compulsive, i.e., they have a very powerful psychological need that they feel they must satisfy. According to psychologists, many people are compulsive spenders: they feel they must spend money. This compulsion, like most others, is irrational—impossible to explain reasonably. For compulsive spenders who buy on credit, charge accounts are even more exciting than money. In other words, compulsive spenders feel that with credit, they can do anything. Their pleasure in spending enormous amounts is actually greater than the pleasure that they get from the things they buy.

There is a special psychology of bargain hunting. To save money, of course, most people look for sales, low prices and discounts. Compulsive bargain hunters, however, often buy things they don't need just because they are cheap. They want to believe that they are helping their budgets, but they are really playing an exciting game: when they can buy something for less than other people, they feel that they are winning. Most people, experts claim, have two reasons for their behavior. a good reason for things that they do and the real reason.

It is not only scientists, of course, who understand the psychology of spending habits, but also business people. Stores, companies, and advertisers use psychology to increase business: they consider people's needs for love, power, or influence, their basic value, their beliefs and opinions, and so on in their advertising and sales methods.

Psychologists can often use a method called "behavior. therapy" to help individuals solve their personality problems. In the same way, they can help people who feel that they have problems with money.

According to the psychologists, a compulsive spender is one who spends large amounts of money ______.

A.and takes great pleasure from what he or she buys

B.in order to satisfy his or her basic needs in life

C.just to meet his or her strong psychological need

D.entirely with an irrational eagerness

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第5题
In a major policy speech, Government finance minister Mrs Wei Yttria said that the audit a
nd assurance industry’s work should always be judged by the effect it has on public confidence in business. She said that it was crucial that professional services such as audit and assurance should always be performed in the public interest and that there should be no material threats to the assurer’s independence. Enron and other corporate failures happened, she said,because some accountants didn’t understand what it was to act in the public interest. She stressed that it was important that firms should not provide more than one service to individual clients. If a firm audited a client then, she said, it shouldn’t provide any other services to that client.

Mr Oggon Mordue, a financial journalist who had worked in audit and assurance for many years, was in the audience.

He suggested that the normal advice on threats to independence was wrong. On the contrary in fact, the more services that a professional services firm can provide to a client the better, as it enables the firm to better understand the client and its commercial and accounting needs. Mrs Yttria disagreed, saying that his views were a good example of professional services firms not acting in the public interest.

Mr Mordue said that when he was a partner at a major professional services firm, he got to know his clients very well through the multiple links that his firm had with them. He said that he knew all about their finances from providing audit and assurance services, all about their tax affairs through tax consulting and was always in a good position to provide any other advice as he had acted as a consultant on other matters for many years including advising on mergers, acquisitions, compliance and legal issues. He became very good friends with the directors of client companies, he said. The clients, he explained, also found the relationship very helpful and the accounting firms did well financially out of it.

Another reporter in the audience argued with Mr Mordue. Ivor Nahum said that Mr Mordue represented the ‘very worst’ of the accounting profession. He said that accounting was a ‘biased and value laden’ profession that served minority interests, was complicit in environmental degradation and could not serve the public interest as long as it primarily served the interests of unfettered capitalism. He said that the public interest was badly served by accounting,as it did not address poverty, animal rights or other social injustices.

Required:

(a) Explain, using accounting as an example, what ‘the public interest’ means as used by Mrs Yttria in her

speech. (5 marks)

(b) This requirement concerns ethical threats. It is very important for professional accountants to be aware of ethical threats and to avoid these where possible.

Required:

(i) With reference to the case as appropriate, describe five types of ethical threat. (5 marks)

(ii) Assess the ethical threats implied by Mr Mordue’s beliefs. (8 marks)

(c) Assess Ivor Nahum’s remarks about the accounting profession in the light of Gray, Owen & Adams’ deep

green (or deep ecologist) position on social responsibility. (7 marks)

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第6题
Tim Berners-Lee is the man who wrote the software(软件)programme that led to the

Tim Berners-Lee is the man who wrote the software(软件)programme that led to the foundation of the World Wide Web. Britain played an important part in developing the first generation of computers. The parents of Tim Berners-Lee both worked on one of the earliest commercial(商业的)computers and talked about their work at home. As a child he would build models of computers from packaging material. After graduating from Oxford University he went on to the real thing. In the 1980s scientists were already communicating using a primitive version(原始版本)of e-mail. While working at a laboratory in Switzerland, Tim Berners-Lee wrote a programme, which let him store these messages. This gave him another idea: write a programme that will let academics(学术界人士)from across the world share information on a single place. In 1990 he wrote the HTTP(服务程序所用的协议)and HTML(超文本链接标示语言)programmes which form. the basis of the World Wide Web.

The next year his programmes were placed on to the Internet. Everyone was welcome to use them and improve them if they could. Programmers used his codes(编码)to work with different operating systems. New things like web browsers(浏览器)and search engines were developed. Between 1991 and 1994 the number of web pages rose from 10 to 100,000.

In 1994 Tim Berners-Lee formed the newly formed World Wide Web Consortium(协会),or W3C. More than 200 leading companies and laboratories are represented(代表)by W3C. Together they make sure that everyone can share equally on the web. "The Web can help people understand the way that others live and love and are human. It helps us understand the humanity of people, "he says.

1. From the lines we can infer that Tim Berners-Lee is _____.

A. British

B. American

C. Swiss

D. French

2. The main idea of this passage is _____.

A. when the Internet came into being

B. how Tim Berners-Lee formed W3C

C. why computers develop so rapidly

D. how the World Wide Web started

3. Scientists began to communicate using e-mail _____.

A. in 1980

B. after the 1980s

C. before 1990

D. in the 1960s

4. He made up his mind to write a programme that would let people from across the world share information on a single place when _____.

A. he was a child

B. he studied in Oxford University

C. he formed W3C

D. he worked at a lab in Switzerland

5. Which of the following is NOT true? _____

A. The number of web pages rose very rapidly in the 1990s.

B. Tim's programmes were placed on to the Internet in 1990.

C. The World Wide Web will have an effect on the social development.

D. Tim Berners-Lee made a great contribution to the computer science.

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第7题
A.factoriesB.businessesC.companiesD.audiences

A.factories

B.businesses

C.companies

D.audiences

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第8题
(c) Critically discuss the adoption of activity-based management (ABM) in companies such a

(c) Critically discuss the adoption of activity-based management (ABM) in companies such as TOC. (6 marks)

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第9题
The energy companies ______ urgent studies of the Arctic environment.A.madeB.putC.movedD.l

The energy companies ______ urgent studies of the Arctic environment.

A.made

B.put

C.moved

D.launched

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第10题
The money which enables these companies to go ahead with their projects isA.repaid to its

The money which enables these companies to go ahead with their projects is

A.repaid to its original owners as soon as possible

B.raised by the selling of shares in the companies

C.exchanged for part ownership in the Stock Exchange

D.invested in different companies on the Stock Exchange

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第11题
Some local companies are making great efforts to______ with foreign companies for a share
of the market.

A.connect

B.combine

C.compete

D.compare

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