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
42
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 docs simply making general management experience and small amounts of capital available. Further, since potential markets for the minority business already exist through the sponsoring companies the minority businesses face 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 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 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。℃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/oplO777K
0
专业英语八级
相关试题推荐
Lunarsight-seeingtripsandorbitingspacehotelsamwithinroach,moonwalkingastronautEdwin"Buzz"Aldrinsaidlastweek,b
A、talktosomefriendsB、quitgamblingimmediatelyC、appealtoprofessionalserviceD、concentrateonworkC
CommunicatingThroughInternetThehistoryoftheInternetcanbedatedbacktothe1960’s,whentheDepartmentof【1】______
Anyonemakinglongdrivesthissummerwillnoticeanewdimensiontocontemporaryinequality:awideninggapbetweentheuserso
1 Someconsumerresearchersdistinguishbetweenso-calledrationalmotivesandemotional(ornon-rational)motives.Inamarket
A、School.B、Cleanhouse.C、TheEnvironmentalProtectionAgency’sheadquarters.D、Noneoftheabove.D
MembersofParliamentareelectedatnationwidegeneralelectionsheldevery______years.
Environmentalscientistsobservethatitisofgreatsignificancetoprotectwildlifeandwildplacesffhumanbeingswanttosu
我接触过不少老人,其中有的是我的好朋友,只要一见面,就会天南地北,无所不谈。从这些老人地谈话中,我感到他们常常为“闲得无聊”而发愁。这些老人的空闲时间特别多,同外边接触的机会又比较少,常常会被忙碌的晚辈忘记。不少年轻人,在家中可以同朋友和同事们兴致
Nowadays,manyprivateinstitutesofadvancededucationhaveappearedinChina.Somepeoplethinkstudentsmaybenefitfromthem
随机试题
A.持续性室性心动过速B.心房颤动C.窦性心动过速D.阵发性室上性心动过速
铁路车站应加强停留机车车辆的防溜措施。编组站、区段站在到发线、调车线以外线路上停留车辆,应将车辆连挂在一起,并须()。
国家财政赤字是指( )。
下列不属于火灾防控水平指标的是()。
案例一般资料:求助者,女性,32岁,大学教师。案例介绍:求助者与丈夫是大学同学,双方感情很好,一年前,求助者生下女儿,母亲过来照顾,一家人其乐融融,半年前,单位评定职称,求助者因为休产假,在工作量和科研成果方面与同事相比又没有优势,没有
德育过程从本质上说是个体社会化与______的统一过程。
下列哪项说法是正确的?()
《南特敕令》
Theprimaryfunctionofreserverequirementsistoserveas______.
()保持室内安静,注意清洁卫生。()室内不得高声谈笑,不准吸烟或喝茶,不得在地上乱扔纸屑。
最新回复
(
0
)