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
2010-02-20
62
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, sines potential markets for the minority business already exist through the sponsoring companies the minority businesses fane considerably 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 in come 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 sponsorin8 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 1960’s and those made in the 1980’s
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”,在原女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 1980’s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/kZvO777K
0
专业英语八级
相关试题推荐
A、Inthemorningbefore8o’clock.B、Inthemorningat11o’clock.C、Inthemorningbefore11o’clock.D、Intheafternoonafter
Weoftenhearandreadaboutcontroversialissuesinscienceandtechnology.Forexample,willradiationfromelectronicequipm
Anindustrialsociety,especiallyoneascentralizedandconcentratedasthatofBritain,isheavilydependentoncertainessent
A、Mr.Smithisoneofthebestbusinessmenbecauseheiswell-educated.B、Mr.Smithhasthebesteducationofallthebusinessme
Thetermhomeschoolingorhometuition,asitiscalledinEngland,meanseducatingchildrenathomeorinplacesotherthana【
Scienceisadominantthemeinourculture.Sinceittouchesalmosteveryfacetofourlife,educatedpeople,needatleastsome
Mostpeoplecanrememberaphonenumberforuptothirtyseconds.Whenthisshortamountoftimeelapses,however,thenumbersa
Thekoala,oneofAustralia’smosttreasuredcreatures,isintrouble?InQueensland,thevaststateinAustralia’snortheastern
A、Itwasgiveninnotes.B、Itwasgivenverbally.C、Itwaswrittenontheboard.D、Itwasprintedonthehandouts.C
C美国文学之作家概况。WaltWhitman是美国著名诗人,代表作为《草叶集》(LeavesofGrass),他是第一位使用自由体(FreeVerse)的诗人。
随机试题
DX1型电表是()电度表。
一位护士在为一位乙型肝炎病人进行肌内注射后,在处理用物的过程中不慎被注射器针头刺破皮肤,下列处理最适宜的是( )。
下列企业既是增值税纳税人又是资源税纳税人的是()。
关于税法的效力与解释,下列表述正确的有()。
畜禽类制品的药物残留主要有生长促进剂、激素和()。
《普通高中美术课程标准(实验)》中设置的内容系列和模块是()。
下列句子中,没有词类活用现象的一项是()。
我国的编制工作采取()领导体制。
甲、乙、丙厂生产产品所占的比重分别为60%,25%,15%,次品率分别为3%,5%,8%,求任取一件产品是次品的概率.
ArecentcaseinAustraliashowshoweasilyfearcanfrustrateaninformant’sgoodintentions.InDecember,awomanwroteanonym
最新回复
(
0
)