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
37
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
D
解析
转载请注明原文地址:https://kaotiyun.com/show/Zf7d777K
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
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.YouhavetochooseoneofthetopicsfrOmtheth
(Thecandidatechoosesonetopicandspeaksaboutitforoneminute.)A.MarketResearch:theimportanceofdoingmarketresearc
Task1StaffAppraisalSchemeThenewlyappointedHumanResourcesDirectorofthecompanyyouworkforisproposingtointroduce
Task1StaffAppraisalSchemeThenewlyappointedHumanResourcesDirectorofthecompanyyouworkforisproposingtointroduce
Task10RelocatingtoNewPremisesThecompanyyouworkforisgrowingrapidlyandtheManagingDirectorbelievesthatnewpremi
Task10RelocatingtoNewPremisesThecompanyyouworkforisgrowingrapidlyandtheManagingDirectorbelievesthatnewpremi
•YouwillhearpartofaninterviewbetweenthecommercialdirectorofapapercompanycalledSCAandShubhaMadhukar,theinter
Rewardsforshareholders1.Theywillbeabletotrythecompany’s______newproduct.2.Theywillalsoreceivea______
TaskTwo—PurposesofadvertisementForquestions18-22,matchtheextractswiththepurposesoftheadvertisement,listedA-H.F
随机试题
设函数y=∫x0(t-1)dt,则该函数有[].
老人夜寐早醒而无虚烦之症,多属
在下颌下腺肿瘤的诊断中,以下哪种是一种准确率较高的定性诊断方法
由“两点确定一条直线”的原理,趋势线一经形成即为有效,无需进一步的确认。( )
如果认为审计报告日后获取的其他信息存在重大错报,注册会计师的以下应对措施中,恰当的有()。
消费者因经营者利用虚假广告提供商品或者服务,其合法权益受到损害应如何要求赔偿?
2003—2006你那,网民规模的年平均增长率是()。
根据实验的控制程度和内外效度的高低划分教育实验,可以划分为
在美国,近年来在电视卫星的发射和操作中事故不断,这使得不少保险公司不得不面临巨额赔偿,这不可避免地导致了电视卫星的保险金的猛涨,使得发射和操作电视卫星的费用变得更为昂贵。为了应付昂贵的成本,必须进一步开发电视卫星更多的尖端功能来提高电视卫星的售价。以下哪项
SlaveryhasplayedasignificantroleinthehistoryoftheU.S.ItexistedinalltheEnglishmainlandcoloniesandmostofth
最新回复
(
0
)