While company managers have known about the benefits for a long time, many have done littl
A、capacity
B、accuracy
C、expectancy
D、proposals
A、capacity
B、accuracy
C、expectancy
D、proposals
A、ethnocentric staffing policy
B、geocentric staffing policy
C、internal staffing policy
D、polycentric staffing policy
For the year to end of March 2014, CSZ Co had domestic and foreign sales of $40 million, all on credit, while cost of sales was $26 million. Trade payables related to both domestic and foreign suppliers.
For the year to end of March 2015, CSZ Co has forecast that credit sales will remain at $40 million while cost of sales will fall to 60% of sales. The company expects current assets to consist of inventory and trade receivables, and current liabilities to consist of trade payables and the company’s overdraft.
CSZ Co also plans to achieve the following target working capital ratio values for the year to the end of March 2015:
Required:
(a) Calculate the working capital cycle (cash collection cycle) of CSZ Co at the end of March 2014 and discuss whether a working capital cycle should be positive or negative. (6 marks)
(b) Calculate the target quick ratio (acid test ratio) and the target ratio of sales to net working capital of CSZ Co at the end of March 2015. (5 marks)
(c) Analyse and compare the current asset and current liability positions for March 2014 and March 2015, and discuss how the working capital financing policy of CSZ Co would have changed. (8 marks)
(d) Briefly discuss THREE internal methods which could be used by CSZ Co to manage foreign currency transaction risk arising from its continuing business activities. (6 marks)
In an efficient administrative structure, clerical operations are organized so that they add to the profitability of the business. However, in many countries the number of clerical staff has increased while the total number of workers employed in production has fallen. In Britain, for example, the total workforce in the years 1919 - 1976 went up by 24%, while the number of people who were employed in clerical work increased by 150%. For a country such as Britain, which depends on a manufacturing base, that can mean inefficiency.
To ensure that office services run smoothly, there must be the means to check, sort, copy and file correspondence and other paperwork. Today there is a growing range of machines that can be used to do such jobs. The size and resources of a company will determine how mechanized or computerized its office systems are.
The office must give maximum service at minimum cost. A balance must be kept between production, marketing, and administration. As a company develops and grows, the contribution of administration will vary in kind and in value.
The most important objective in modern offices is the processing of data in order to" provide a means of business control, but in many companies there are weaknesses in the ability to manage communications efficiently. For example, some data are often used only by individual managers, and different departments in the same company may use different data processing systems. In order to contribute to business efficiency, however, data processing must be a centralized service. The system which is required is one that looks at the total needs of a business and therefore assists management in making appropriate decisions quickly.
According to the passage, the function of the office manager is to ______
A.provide necessary information for the local authority
B.keep a balance between production, marketing and administration
C.assist management in making appropriate decisions quickly
D.make sure that administrative work is performed efficiently
The man had lots of work to do and often went to bed late at night. His friends advised him to do some exercise. He thought be was strong and didn't agree with them. But one day he fell in a faint(晕倒)while he was working in his office. He was sent to a hospital at once and the doctors examined him carefully. They found something was wrong with his heart and he had to be in hospi- tal. Several months later he returned home and asked his son to manage the company.
Once his daughter wanted to travel in Australia. The old man decided to go there with her. As he went to the country for the first time, he was interested in all. He played well, had a good sleep and visited some places of interest. And one day they visited a farm. It was big and beautiful. Cows and sheep could be seen everywhere.
Pointing to a cow, Mr. White asked, "What's this?"
"Haven't you seen a cow?" the guide asked surprised.
"Cow?" Mr. White said with a smile. "A cow in our country is five times(倍) as big as it!"
Having heard this, all the visitors began to laugh. After a while he saw a kangaroo (袋鼠)and asked again, "What's that?"
"It' s flea(跳蚤), sir. answered the guide.
The employees worked hard because________.
A.Mr. White was kind to them
B.Mr. White had a company
C.Mr. White often had a joke with them
D.they liked to use computers
The man had lots of work to do and often went to bed late at night. His friends advised him to do some exercise. He thought he was strong and didn't agree with them. But one day he fell in a faint (晕倒) while he was working in his office. He was sent to a hospital at once and the doctors examined him carefully. They found something was wrong with his heart and he had to be in hospital. Several months later he returned home and asked his son to manage the company.
Once his daughter wanted to travel in Australia. The old man decided to go there with her. As he went to the country for the first time, he was interested in all. He played well, had a good sleep and visited some places of interest. And one day they visited a farm. It was big and beautiful. Cows and sheep could be seen everywhere.
Pointing to a cow, Mr White asked, "What's this?"
"Haven't you seen a cow?" the guide asked surprisely.
"Cow?" Mr White said with a smile. "A cow in our country is five times (倍) as big as it!"
Having heard this, all the visitors began to laugh. After a while he saw a kangaroo (袋鼠) and asked again, "What's that?"
"It's flea (跳蚤), sir," answered the guide.
The employees worked hard because______.
A.Mr White was kind to them
B.Mr White had a company
C.Mr White often had a joke with them
D.they liked to use computers
The _____ (manage) of a company is a very important part of the working process to its development.
A.multi-domestic corporation
B.the global corporation
C.the transnational corporation
D.world companies
A.be successful
B.profit
C.go broken
D.go broke
听力原文:Who'll manage the Pearson project?
(A) We'll see once we get there.
(B) The company's moving overseas.
(C) Jasmine will oversee it for now.
(37)
A.
B.
C.
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