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Disruption may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the esta
Disruption may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the esta
admin
2023-02-22
16
问题
Disruption may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the established order. It is the entrenchment of a group of superstar companies at the heart of the global economy. Some of these are old firms, like GE, that have reinvented themselves. Some are emerging-market champions, like Samsung, which have seized the opportunities provided by globalisation. The elite of the elite are high-tech wizards—Google, Apple, Facebook and the rest—that have conjured up corporate empires from bits and bytes.
The superstars are admirable in many ways.【B1】___________But they have two big faults. They are squashing competition, and they are using the darker arts of management to stay ahead. Neither is easy to solve. But failing to do so risks a backlash which will be bad for everyone.
The heft of the superstars also reflects their excellence at less productive activities.【B2】_________________The giants also deploy huge armies of lobbyists, bringing the same techniques to Brussels, where 30,000 lobbyists now walk the corridors, that they perfected in Washington, DC. Laws such as Sarbanes-Oxley and Dodd-Frank, to say nothing of America’s tax code, penalise small firms more than large ones.
None of this helps the image of big business. Paying tax seems to be unavoidable for individuals but optional for firms. Rules are unbending for citizens, and up for negotiation when it comes to companies. Nor do profits translate into jobs as once they did.【B3】_______________
Concentration is an even harder problem. America in particular has got into the habit of giving the
benefit of the doubt to big business.【B4】__________________
It is less defensible now that superstar firms are gaining control of entire markets and finding new ways to entrench themselves.
Prudent policymakers must reinvent antitrust for the digital age. That means being more alert to the long-term consequences of large firms acquiring promising startups.【B5】_______________And it means making sure that people have a choice of ways of authenticating their identity online.
So, by all means celebrate the astonishing achievements of today’s superstar companies. But also watch them. The world needs a healthy dose of competition to keep today’s giants on their toes and to give those in their shadow a chance to grow.
[A] About 30% of global foreign direct investment (FDI) flows through tax havens; big companies routinely use "transfer pricing" to pretend that profits generated in one part of the world are in fact made in another.
[B] That means a tough-but-considered approach to issues such as tax avoidance. The OECD countries have already made progress in drawing up common rules to prevent companies from parking money in tax havens, for example.
[C] It means making it easier for consumers to move their data from one company to another, and pre-venting tech firms from unfairly privileging their own services on platforms they control.
[D] They churn out products that improve consumers’ lives, from smarter smartphones to sharper televisions. They provide Americans and Europeans with an estimated $280 billion-worth of "free" ser-vices—such as search or directions—a year.
[E] They have more to do, not least to address the convenient fiction that different units of multinationals are really separate companies.
[F] In 1990 the top three carmakers in Detroit had a market capitalisation of $36 billion and 1.2m employees. In 2014 the top three firms in Silicon Valley, with a market capitalisation of over $1 trillion, had only 137,000 employees.
[G] This made some sense in the 1980s and 1990s when giant companies such as General Motors and IBM were being threatened by foreign rivals or domestic upstarts.
【B5】
选项
答案
C
解析
空格前先指出谨慎的决策者应根据数字化时代的新情况去变革反垄断法。接着阐述这一做法意味着什么(That means…)。空格后还是说上述做法意味着什么(And it means…)。可见,本段应该是总一分结构,第二句至段末都是关于变革反垄断法的具体方面。C以It means…开头,与空格前后的句式相似,且means后讲到的让消费者在企业之间转移自己的数据,以及防止科技公司在其控制的平台上滥用私权,都属于反垄断的具体表现,可见C项也是对本段首句的展述,与上述分析相符。此外,C提及的data、platforms等,也对应了首句中的the digital age。故最终确定本题选C。
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0
考研英语一
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