首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
•Read the following extract from an article about small business in U. S. economy and the questions that follow. •For each Quest
•Read the following extract from an article about small business in U. S. economy and the questions that follow. •For each Quest
admin
2010-01-28
41
问题
•Read the following extract from an article about small business in U. S. economy and the questions that follow.
•For each Question 15-20, mark one letter (A, B, C or D) on your Answer Sheet for the answer you choose.
Small Businesses in U. S. Economy
Small business plays a major role in the American economy. More than 990//00 of the nation’s 16 million businesses are small. Their effects are felt in number of areas, including financial performance, innovation, job creation, new-business formation, and contributions to big business.
But what is a small business? There are actually many different definitions, but the most widely quoted ones are those of the U. S. Small Business Administration (SBA). To help entrepreneurs, the SBA has drafted definitions to fit virtually every industry. For the sake of simplicity, we will define a small business as one that is independently owned and operated and has relatively little influence over its environment.
In sheer numbers alone, small business far outstrips big business. There is also evidence that suggests that small business outperforms big business financially. On average, for example, small manufacturers earn a higher return on owners’ equity than do large manufacturers, for which there are two main reasons. First, in many manufacturing industries, small business can respond more rapidly and at less cost than can big business to the quickening rate of change in products and services, processes and markets. Second, small business has positive impact on the nation’s economic performance in terms of gross national product, growth rates, and other indicators.
Entrepreneurs and Small Businesses Play a Major Role in Innovation
Small businesses or individuals working alone invented the personal computer, the transistor radio, the photocopying machine, the jet engine, and the instant photograph. Their ingenuity also gave us the pocket calculator, power steering, the automatic transmission, air conditioning, and even the ballpoint pen. Clearly, we are all better off for the presence of millions of small businesses. Their resourcefulness and ingenuity have spawned new industries and contributed a great many innovative ideas and technological breakthroughs.
Small businesses create more new jobs than do larger businesses. One study suggested that small businesses may create as many as 66 percent of all new jobs in the United States each year. In another study, the U. S. Department of Commerce found that small, young, high technology businesses created new jobs at a much faster rate than did larger, older businesses. Such small businesses require employees with a high degree of scientific or engineering knowledge and thus generate additional demand for them.
New-Business Formation
Another indicator of the importance of small business is the record number of businesses formed each year since 1960. New incorporations hit the 600,000 mark for the first time in 1983. This figure is more than four times the total in 1960. Of course, some of the new corporations are mature businesses that were born as sole proprietorships or partnerships and have only recently incorporated. Nevertheless, many more small businesses are created each year than larger ones.
A final reason for small businesses to have such an enormous impact is their contributions to big business. General Motors, for example, buys from over 25,000 suppliers, most of whom are small businesses.
Small businesses can deliver specialized products more efficiently than can larger businesses. Indeed, big businesses buy more of their inputs from small businesses than from other big businesses. Small businesses also play a key role in distributing and selling the products of larger businesses to consumers.
Of all the new businesses that appear each year, many succeed but many also fail. Here we discuss common reasons for small-businesses’ success. Many ingredients contribute to small business success, but some of the most common ones are hard work, drive, and dedication on the part of the entrepreneur; market demand for the product or service being offered; managerial competence, and luck.
A key ingredient in the success of any small business is hard work, drive, and dedication on the part of the entrepreneur. An individual must have a strong desire to work independently of others and be willing to work for long hours if she or he is to succeed. In general, successful entrepreneurs tend to be reasonable risk-takers, self-confident, hardworking, goal setters and innovators.
Their resourcefulness and ingenuity have spawned new industries and contributed a great many innovative ideas and technological breakthroughs. Here " spawned" means "______."
选项
A、took part
B、spelled
C、sprained
D、produced
答案
D
解析
转载请注明原文地址:https://kaotiyun.com/show/6MKd777K
本试题收录于:
BEC高级阅读题库BEC商务英语分类
0
BEC高级阅读
BEC商务英语
相关试题推荐
Whattypeofbusinessisthemancalling?
Whattypeofbusinessisthemancalling?
Theinterlocutorasksyouquestionsonanumberofwork-relatedandnonwork-relatedsubjects.(Thecandidatechoosesonetopic
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
(Thecandidatechoosesonetopicandspeaksaboutitforoneminute.)A.Technology:theimportanceoftrainingstaffinhowto
1.Practiseansweringthesequestions.PhaseOne:•Canyoutellmeaboutyourpresentjobandyourplansforthefuture?•Can
FinancialManagement:theimportanceofmaintainingfinancialcontrolacrossalldepartments
Leavingamessageonanansweringmachine
WillieHuang,acertifiedfinancialplannerwithAmericanExpressFinancialAdvisors,InkinQueen,NewYork,himselfanimmigra
随机试题
Was______thatIsawlastnightattheconcert?
关于营业收入实现时间的说法,正确的有()。
国民经济发展的总体目标一般包括()。
班集体的教育作用有哪些?请联系实际论述班主任如何组织和培养班集体。
有一种很流行的观点,即认为中国古典美学注重美与善的统一。言下之意则是中国古典美学不那么重视美与真的统一。笔者认为,中国古典美学比西方美学更看重美与真的统一。它给美既赋予善的品格,又赋予真的品格,而且真的品格大大高于善的品格。概而言之,中国古典美学在对美的认
(98年)设y=f(x)是区间[0,1]上任一非负连续函数.(1)试证存在x0∈(0,1),使得在区间在区间[0,x0]上以f(x0)为高的矩形的面积等于在区间[x0,1]上以y=f(x)为曲面的曲边梯形的面积.(2)又设f(x)在(0,1)上可导,且
在下列枚举类型的定义中,包含枚举值3的是
ThisyearthecombinedadvertisingrevenuesofGoogleandYahoo!willrivalthecombinedprimetimeadrevenuesofAmerica’sthre
AfterthreeroundsofinterviewsforasalespositionwithPrudentialInsurance,PatriciaRosareceivedaletterinFebruarysa
Therooftopgardenproject______.WhatcanwelearnabouttheCityHall?
最新回复
(
0
)