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
考研
(46)At a time when Wall Street firms are being punished for misleading investors about dot-com stocks during the bubble, it’s al
(46)At a time when Wall Street firms are being punished for misleading investors about dot-com stocks during the bubble, it’s al
admin
2010-11-27
69
问题
(46)
At a time when Wall Street firms are being punished for misleading investors about dot-com stocks during the bubble, it’s all too easy to confuse financial excitement with technological reality.
Many people are quick to dismiss any talk of an "Internet revolution" as so such’ 90s chatter. (47)
There is a world of difference between crazy evaluations and serious technology, between Internet stocks and the Net itself.
While investors have been complaining about their fate, chief executives have been busy embracing the Net. It’s time to get over the bubble talk and get real about technology’s promise.
Or risk falling behind. The strong upturn in profits last quarter during a period of weak economic growth is proof to the productivity—enhancing power of the Net. Through boom, bust and recovery, annual productivity growth has powered along at around 2.5%. Without it, companies would have been forced to cut payrolls even further during the worst days of the decline. With it, companies are generating higher profits without big gains in revenues. As the economy picks up steam, productivity will likely boost profits even further.
Despite usual wisdom, electronic business has exceeded even the dreamy projections of 1999. Business-to-business commerce conducted online will reach $2.6 trillion in 2003. And many surviving dot-com companies are doing surprisingly well. (48)
Some 40% of publicly held Net companies, including Amazon. com Inc., were profitable in the fourth quarter of 2002, and half are expected to be profitable by the end of this year.
True, there has been vicious disaster in the field. Venture capitalists poured $100 billion into more than 6,000 Net startups over the past decade, and 2,000 disappeared. Many ideas, some crazy and some not, failed. But eBay, Amazon.com, Yahoo!, Google, Expedia, and others are making money, thanks to a recovery in online advertising and they are changing the face of business.
Just as the former IBM Chief Executive Louis V. Gerstner and others predicted, mainstream Corporate America is turning out to be the chief beneficiary of the Internet. Using it, companies are streamlining production, inventory, and sales; cutting costs; and tracking their customers. It apparently takes four to six years after first installing new systems before productivity gains are maximized. (49)
Most companies are in their third or fourth year, which may explain why productivity growth has been rising consistently during the downturn, instead of dropping as it usually does in a fall.
It may also mean that productivity and profits may be stronger than expected in the second half of 2003 and in 2004.
The US economy has had bad luck for three years. The bubble, terrorism, corporate fraud, war, and now SARS. Yet it has weathered these mostly unexpected shocks rather well. Smart financial and economic policy has helped. (50)
But the real key has been Internet technology, which provided the flexibility and productivity to adjust quickly without drastic cuts.
Think what the Net will do for the economy when we get back to normal.
选项
答案
但是真正的原因是互联网技术为(美国经济的)尽快调整提供了灵活性和效率,而没有造成急剧地下降。
解析
转载请注明原文地址:https://kaotiyun.com/show/cfZ4777K
0
考研英语一
相关试题推荐
Inthefollowingtext,somesentenceshavebeenremoved.ChoosethemostsuitableonefromthelistA—Gtofitintoeachofthe
Whatisimpliedinthefirstsentence?AsregardsthepoliticalreformsinJapan,theauthorfocusesonits______.
ItcanbeinferredfromParagraph1thatthe"initialfindings"ofDr.ConradandLouisare______.Accordingtothetext,Neut
Accordingtothetext,whichofthefollowingisbeyondthepublic’santicipation?MittRomneyismentionedinthetextsoast
Itcanbeinferredfromthefirstparagraphthat______.Accordingtothetext,Americanemergencyplansforcopingwithanout
Whatideadidtheauthorderivefromtherecentopinionpolls?Thepassagetellsusthatthearrivaloftheindustrialagemean
Thephrase"cropup"inthefirstparagraphmostprobablymeans______.Accordingtothetext,theauthorplacesinterpretation
StartingwithhisreviewofSkinner’sVerbalBehavior,NoamChomskyhadledthepsycholinguistswhoarguethatmanhasdeveloped
Whenadiseaseofepidemicproportionsthreatensthepublic,scientistsimmediatelygettowork,tryingtolocatethesourceof
随机试题
A、0B、1C、2D、3A故选A。
最支持Graves病诊断的是
马,7岁,2008年7月由于过度使役而突然发病。临床表现明显的呼吸困难,流泡沫状鼻液,黏膜发绀。体温40.5℃,呼吸85次/min,脉搏97次/min。肺部听诊湿啰音。X线影像显示肺野密度增加,肺门血管纹理显著血气分析最可能的异常是()。
A、(4.0~5.5)×1012/LB、(3.5~5.0)×1012/LC、(6.0~7.0)×1012/LD、(3.9~5.3)×1012/LE、(3.0~4.0)×1012/L男性红细胞计数参考范围是
甲公司购买乙公司的产品,丙公司以其房产为甲公司提供抵押担保。因甲公司未按约支付120万元货款,乙公司向A市B县法院申请支付令。法院经审查向甲公司发出支付令,甲公司拒绝签收。甲公司未在法定期间提出异议,而以乙公司提供的产品有质量问题为由向A市C区法院提起诉讼
在日照灯行业中,光明有限公司一直享誉盛名,新成立的A公司同样生产经营日照灯业务,在广告中通过捏造光明牌日照灯诸多问题的手段达到宣传自己产品的目的。B公司同样是日照灯行业里相当有竞争力的公司,在广告中看到关于光明公司的质量问题时.不加求证便到处散布这些消息,
摇臂钻床与立式钻床相比,主要优点有()。
1942年2月1日,毛泽东同志在中央党校开学典礼上作《整顿党的作风》的报告,宣布开始整风。()
1,5,16,27,()
PESTCONTROL(1)ManypestspeciesthatarenativetoNorthAmerica,suchaswhite-footedmiceandgroundmoles,aremorenu
最新回复
(
0
)