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
66
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
差不多40%的公众持股的网络公司,其中也包括"亚马逊公司",在2002年第四季度盈利,50%的公众持股网络公司希望今年年底盈利。
解析
转载请注明原文地址:https://kaotiyun.com/show/vfZ4777K
0
考研英语一
相关试题推荐
Theword"minutes"(Line6,Paragraph2)mostprobablymeans______.Accordingtothetext,itisupsettingthattheFederalRe
Politicalcontroversyaboutthepublic-landpolicyoftheUnitedStatesbeganwiththeAmericaRevolution.(1)_____,evenbefore
WhentheUnitedStatesandKorea(SOK)announcedtheirnewfree-tradeagreementlastmonth,thenewswasmainlyeconomic.Thedea
Accordingtothetext,whichofthefollowingisbeyondthepublic’santicipation?Itcanbeinferredfromthetextthat______
Whatideadidtheauthorderivefromtherecentopinionpolls?Thepassagetellsusthatthearrivaloftheindustrialagemean
Fromthefirsttwoparagraphs,welearnthat______.Theword"grumble"(Line1,Paragraph2)mostprobablymeans______.
IfAmericaninvestorshavelearnedanylessoninthelast25years,itistobuysharesonthedips.Theslidein2000—2002may
Whenadiseaseofepidemicproportionsthreatensthepublic,scientistsimmediatelygettowork,tryingtolocatethesourceof
Atfirst,thenewlightweightdrillhasbeeninventedtoDr.YosephBar-Cohenseemstosuggestthat
WhenthefirstwhitemenarrivedinSamoa,theyfoundblindmen,whocouldseewellenoughtodescribethingsindetailjustby
随机试题
Whenscientistsconsiderthepossibleeffectsofglobalwarming,thereisalottheydon’tknow.Buttheycansayonethingfor
简述信息收集的方法。
对尖而长的畸形中央尖的处理方法是
对非处方药专有标识的使用,错误的是
甲公司系股份有限公司,对所得税采用资产负债表债务法核算,适用的企业所得税税率为25%,计提的各项资产减值准备均会产生暂时性差异,当期发生的可抵扣暂时性差异预计能够在未来期间转回。甲公司每年末按净利润的10%计提法定盈余公积。(1)甲公司2011年12月购
2018年2月1日,A公司按照合同约定向B公司交付价值l00万元的货物,B公司于2018年2月10日向A公司签发了一张见票后1个月内付款、金额为100万元的银行承兑汇票。2018年2月25日,A公司向C银行提示承兑并于当日获得承兑。2018年3月l0日,A
简述促进钙吸收的因素。
把下面的六个图形分为两类,使每一类图形都有各自的共同特征或规律,分类正确的一项是:
在下图所示的树型文件系统中,方框表示目录,圆圈表示文件,“/”表示路径中的分隔符,“/”在路径之首时表示根目录。图中,(8)。假设当前目录是A2,若进程A以如下两种方式打开文件f1:方式①fd1=open("(9)/f2",o_RDONLY
Wearelivinginwhatwecallthesecondgreatchangeinthestateofman.Thefirstisthechangefrompre-civilizedtocivili
最新回复
(
0
)