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 this text taken from an article about logistics and corporate profit performance. Choose the best sentence to fill each of
Read this text taken from an article about logistics and corporate profit performance. Choose the best sentence to fill each of
admin
2014-02-15
53
问题
Read this text taken from an article about logistics and corporate profit performance.
Choose the best sentence to fill each of the gaps.
For each gap 9—14, mark one letter(A—H)on your Answer Sheet.
Do not use any letter more than once.
There is an example at the beginning, (0).
In an uncertain economic environment, top management will be interested in asset management and flow management.(0)______H . They can represent over 50 percent of manufactures’ total asset, and more than 80 percent of wholesalers’ and retailers’ total assets.
When top management mandates a reduction in accounts receivable and/or inventories, its objective is to improve cash flow and reduce the company’s investment in assets.(9)______. But reduction in the terms of sale, or even enforcement of the stated terms of sale, in effect changes tile price component of the firm’s marketing mix.(10)______
The arbitrary reduction of accounts receivable and/or inventories in the absence of technological change or changes in the logistics system can have a devastating impact on corporate profit performance.(11)______. First, the change alters the manufacturer’s price and therefore the competitive position of its products, which may lead to decreased sales. Second, it further complicates the cash flow problems of the manufacturer’s customers. Forcing faster payment of invoices causes channel members to improve their cash flow by reducing their inventories of the manufacturer’s products.(12)______ This situation may also result in stock-out of the manufacturer’s products as the wholesale or retail level of the channel, further reducing sales volume.
Similarly, a manufacturer’s policy of arbitrarily reducing inventory level to increase inventory sums, in the absence of a system change, may escalate transportation costs and/or production setup costs as the logistics system scrambles to achieve the specified customer service levels with lower inventories(assuming the company was efficiently and effectively distributing products prior to the policy change).(13)______. In this case, customer service levels would be eroded, and a decrease in market share might result.(14)______.
A However, if management concentrates on system changes that improve logistics efficiency and/or effectiveness, it may be able to satisfy all of the firm’s objectives.
B Usually, management assumes that revenues and other costs will remain the same.
C They do so by placing smaller, more frequent orders, which may increase total logistics cost for both the manufacturer and its customers.
D In either set of circumstances, the increased cost of transportation and/or production or the lost sales contribution could far exceed the savings in inventory carrying cost.
E If a manufacturer changes its terms of sale, for example, the effect on wholesalers and retailers will be twofold.
F In addition, simply reducing the level of inventory can significantly increase the cost of logistics if current inventories have been set at a level that allows the firm to achieve least total cost logistics for a desired level of customer service.
G Alternatively, pressure to reduce expenses may preclude the use of premium transportation or increased production setups to achieve the desired customer service levels with smaller inventory.
H The two most common strategies used to improve cash flow and return on assets are:(l)reducing accounts receivable and(2)reducing the investment in inventory, as inventories and accounts receivable are a major portion of corporate assets.
选项
答案
E
解析
转载请注明原文地址:https://kaotiyun.com/show/Of7d777K
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
Lookatthegraphic.Whatcolorpaintwillthewomanmostlikelychoose?
Lookatthegraphic.Whichcellphoneplanwillthemanmostlikelychoose?
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.YouhavetochooseoneofthetopicsfrOmtheth
Task10RelocatingtoNewPremisesThecompanyyouworkforisgrowingrapidlyandtheManagingDirectorbelievesthatnewpremi
Task10RelocatingtoNewPremisesThecompanyyouworkforisgrowingrapidlyandtheManagingDirectorbelievesthatnewpremi
Task10RelocatingtoNewPremisesThecompanyyouworkforisgrowingrapidlyandtheManagingDirectorbelievesthatnewpremi
•YouwillhearpartofaninterviewbetweenthecommercialdirectorofapapercompanycalledSCAandShubhaMadhukar,theinter
Rewardsforshareholders1.Theywillbeabletotrythecompany’s______newproduct.2.Theywillalsoreceivea______
随机试题
儿童颅内压增高较常见可靠的X线征象是
如果丙大学使用的50台电脑出现质量问题,应向谁主张违约责任?()。丁公司出租电脑的行为是否侵犯M软件的出租权?为什么?()。
建设工程合同包含多个专业工程时,(),负责该工程施工管理文件签章。
根据工程建设其他费用构成,引进技术和进口设备其他费用的内容包括( )。
【2017年】出售交易性金融资产发生的净损失应计入营业外支出。()
内部控制要素可以分为控制环境、会计系统和控制程序。内部审计是控制程序的重要组成部分。 ( )
一般资料:崔某,女性,17岁,高中二年级学生。案例介绍:崔某由同学陪伴来心理咨询。陪伴同学说,崔某刚入学时成绩较好,一年级期末考试在班上是第三名。上二年级后,发现她有时不合群,躲着同学。后来常和人吵闹,说同学吐痰、咳嗽是专门针对她的,是故意侮辱她
在VisualFoxPro中,要想将日期型或日期时间型数据中的年份用4位数字显示,应当使用设置命令()。
Large,multinationalcorporationsmaybethecompanieswhoseupsanddownsseizeheadlines.Buttoafargreaterextentthanmo
A、In1963inTennessee.B、In1963inNewYork.C、In1936inTennessee.D、In1936inNewYork.B事实细节题。本题问的是乔丹出生于何时何地。短文中明确提到,乔丹于1
最新回复
(
0
)