Why a company may seek a stock market listing?
A、access to a wider pool of finance
B、improved marketability of shares; transfer of capital to other uses
C、enhancement of company image
D、making growth by acquisition possible
A、access to a wider pool of finance
B、improved marketability of shares; transfer of capital to other uses
C、enhancement of company image
D、making growth by acquisition possible
Creating the Logistics Vision Nowadays,most companies are familiar with the idea of "mission statement"as an expression of setting a vision for the business.The mission statement seeks to define the pur-pose of the business,its boundaries and its aspirations.It is now common for organizations to have such statement for the business as a whole and for key constituent components.What some companies have found is that there can be significant benefits to defining the lo-gistics vision of the firm. The purpose of the logistics vision statement is to give a clear indication which business intends to build a position of advantage through closer customer relationship.Such state-ment is never easy to construct.There is always the danger that they will publish the ener-getic and encouraging declaration that give everyone a warm feeling but provide no guideline for action. Ideally the logistics vision should be built around the simple issue of"How do we intend to use logistics and supply chain management to create value for our customers?"To realize this idea will necessitate a detailed understanding of how customer value is created and deliv-ered in the market in which the business competes.Value chain analysis will be a fundamen-tal element in this investigation as will the definition of the core competencies and capabilities of the organization.Asking the question"What activities dowe excel in?"and"What is it that differen tiates us from our competitors?"is the starting point for creating the logistics vision statement. Earlier,it was suggested that the three words"Better,Faster,Cheaper"summarizes the ways in which logistics vision statement can provide value for customers.The criterion for good logistics vision statement is that it should provide the road map for how these three goals are to be achieved. Questions:
Which element should a logistics mtssion statement focus on?()
A.Transportation.
B.Costs.
C.Customers.
D.Punctuality.
Directions: There are 2 passages in this section. Each passage is followed by some questions or unfinished statements. For each of them there are four choices marked A, B, C and D. You should decide on the best choice.
Should a university graduate with a computer science degree seek a position in a large, possibly multinational company or in a smaller organization?
Advice on this was divided, although the pros and cons (正反两方面的理由) are fairly clear. If you join a small company, you can get a clearer all-around picture of how business works and gain experience in many fields. If you join a large organization, you can benefit from its in-house training programs and form. experience gained by working on large projects.
Vigrom Chaisinthop is TN Information Systems managing director. He said that by joining a big organization, a graduate would get experience on projects working with teams of 50 to 60 people. This would provide good experience in learning how to do a big project.
However, if they were to join a smaller company, they would have more opportunity to explore more areas, possibly spanning both hardware and programming. This might allow a person to be more creative.
Compaq managing director Kongkiet Washington said he believed that it would be more beneficial to work for a smaller company. He said that graduates would like to see many aspects of a business and be able to understand "the big picture". He also suggested that a graduate should start with an established organization, so that he can learn about process and discipline for at least three to five years.
But whether big or small, TN's Vigrom noted that half of all graduates would not make their decision based on this question alone. Parents who tended to favor state enterprises from a job security standpoint also had a large say in the choice.
People have divided opinions about ______.
A.the benefits a big company provides to graduates
B.the advantages a small company offers to graduates
C.whether graduates should work for a large or a small company
D.whether graduates can gain different experience
A、Bank borrowings
B、Rights issues
C、New share issues
D、Retained earnings
A、A dividend paid at a fixed percentage rate on the nominal value of the shares
B、A dividend paid at a fixed percentage rate on the market value of the shares on the date that the dividend is declared
C、A dividend payment that takes the form of new shares instead of cash
D、A cash dividend that is not fixed but is decided on by the directors and approved by the shareholders
A、Firms are likely to be unquoted.
B、Ownership of the business is restricted to a few individuals, typically a family group.
C、Ownership of the business is restricted to one individual.
D、They are not micro businesses that offer a medium for self-employment of their owners.
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