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
Federal efforts to aid minority businesses began in the 1960’s when the Small Business Administration (SBA) began making federal
Federal efforts to aid minority businesses began in the 1960’s when the Small Business Administration (SBA) began making federal
admin
2011-01-02
47
问题
Federal efforts to aid minority businesses began in the 1960’s when the Small Business Administration (SBA) began making federally guaranteed loans and government-sponsored management and technical assistance available to minority business enterprises. While this program enabled many minority entrepreneurs to form new businesses, the results were disappointing, since managerial inexperience, unfavorable locations, and capital shortages led to high failures rates. Even 15 years after the program was implemented, minority business, receipts were not quite two percent of the national economy’s total receipts.
Recently federal policymakers have adopted an approach intended to accelerate development of the minority business sector by moving away from directly aiding small minority enterprises and toward supporting larger, growth-oriented minority firms through intermediary companies. In this approach, large corporations participate in the development of successful and stable minority businesses by making use of government-sponsored venture capital. The capital is used by a Minority Enterprise Small Business Investment Company or MESBIC. The MESBIC then provides capital and guidance to minority businesses that have potential to become future suppliers or customers of the sponsoring company.
MESBIC’s are the result of the belief that providing established firms with easier access to relevant management techniques and more job-specific experience, as well as substantial amounts of capital, gives those firms a greater opportunity to develop sound business foundations than does simply making general management experience and small amounts of capital available. Further, since potential markets for the minority busineses already exist through the sponsoring companies the minority businesses face conisderably less risk in terms of location. Following early financial and operating problems, sponsoring corporations began to capitalize MESBIC’s far above the legal minimum of $ 500,00 in order to generate sufficient income and to sustain the quality of management needed. MESBIC’s are now emerging as increasingly important financing sources for minority enterprises.
Ironically, MESBIC staffs, which usually consist of Hispanic and Black professionals, tend to approach investments in minority firms more pragmatically than do many MESBIC directors, who are usually senior managers from sponsoring corporations. The latter often still think mainly in terms of the "social responsibility approach" and thus seem to prefer deals that are riskier and less attractive than normal investment criteria would warrant. Such differences in viewpoint have produced uneasiness among many minority staff members, who feel that minority entrepreneurs and businesses should be judged by established business considerations. These staff members believe their point of view is closer to the original philosophy of MESBIC’s and they are concerned that, unless a more prudent course is followed, MESBIC directors may revert to policies likely to recreate the disappointing results of the original SBA approach.
The author’s primary Objective in the passage is to ______.
选项
A、disprove the view that federal efforts to aid minority businesses have been ineffective
B、explain how federal efforts to aid minority businesses have changed since the 1960’s
C、establish a direct link between the federal efforts to aid minority businesses made before the 1960s and those made in the 1980s
D、analyze the basis for the belief that job-specific experience is more useful to minority businesses than is general management experience
答案
B
解析
该题问:作者的写作目的是什么?A项意为“证明一个观点错误:联邦资助少数民族企业是无效的”,在原文中并没有反驳别的观点的内容。B项意为“解释联邦资助少数民族企业的计划自60年代以来怎么转变”。这项为正确选项,此项说的即原文所说的从SBA到MESBIC的变化。C项未提in the 1980s的内容。D项job-specific experience和general management experience的比较在原文中未出现。
转载请注明原文地址:https://kaotiyun.com/show/AFeO777K
0
专业英语八级
相关试题推荐
CultureTherearesomanythingsaboutourlivesthatbelongtothecontentofculturethatitisimpossibletocoverthemal
Foryears,Europeanshavebeenusing"smartcards"topaytheirwaythroughtheday.Theyusetheminshopsandrestaurants,plu
Ordinarypeople’slivesaregovernedbyformsandnoticefromthemoment【M1】______theirbirthisregistereduntiltheday
WhichAmericanpresidentwitnessedthedisintegrationoftheSovietUnionandtheWesternizationofEastEuropeancountries?
OncefoundalmostentirelyinthewesternUnitedStatesandinAsia,dinosaurfossilsarenowbeingdiscoveredonallsevencont
Theworldisinaself-destructionmode,BythisstatementImeanthatthepeopleoftheworldarebentonmakingthisplanetin
IntroductiontoM.deI’AubepineM.deI’Aubepineisunknowntomanyofhiscountrymen,aswellastothestudentsoffore
Manyobjectsindailyusehaveclearlybeeninfluencedbyscience,buttheirformandfunction,theirdimensionsandappearance,
A、PersianGulf,PakistanandChinaB、PersianGulf,PakistanandIndiaC、Pakistan,IndiaandChina.D、PersianGulfandPakistan
Socialcustomsandwaysofbehavingchange.Thingswhichwereconsideredimpolitemanyyearsagoareacceptable.Justa【1】___
随机试题
Abreakthrough(突破)intheprovisionofenergyfromthesunfortheEuropeanEconomicCommunity(EEC)couldbebroughtforwardb
2012年5月,某药厂生产的生脉注射液因热原要求不合格,导致了东北省境内出现了15例药品不良反应/不良事件聚集性报告,患者用药后的反应表现为寒战、头晕、发热、胸闷等,经省级食品药品险验所检验,该批药品热原项目不合格。下列关于热原性质的描述,错误的是(
在《出入境检验检疫机构实施检验检疫的进出境商品目录》中,“成套设备”对应的“检验检疫类别”为()。
甲、乙两厂生产同一种汽车,甲厂每月产量保持不变,乙厂每月产量翻番。已知第1个月甲、乙两厂共生产88辆汽车,第2个月甲、乙两厂共生产96辆汽车。那么乙厂每月产量第一次超过甲厂是在第()个月。
公立医院属于
【F1】Ican’thelpwonderingwhatCharlesDarwinwouldthinkifhecouldsurveythestateofhisintellectualachievementtoday.2
某公司网络结构如图3-9所示,通过在路由器上配置访问控制列表ACL来提高内部网络和Web服务器的安全。(2011年下半年下午试题四)补充完成下面的ACL语句,禁止内网用户192.168.1.254访问公司Web服务器和外网。Router(c
Employee的表结构为:职工号、单位号、工资,查询单位号为"002"的所有记录存储于临时表文件info中,正确的SQL命令是
Theoldwomanistoo______aboutotherpeople’sbusiness.
TheMinistryofEducationhasurgedteachersacrossthecountrytoavoidacceptinggiftsfromstudentsortheirparentsontheo
最新回复
(
0
)