首页
登录
职称英语
Large companies need a way to reach the savings of the public at large. The
Large companies need a way to reach the savings of the public at large. The
游客
2023-07-16
45
管理
问题
Large companies need a way to reach the savings of the public at large. The same problem, on a smaller scale, faces practically every company trying to develop new products and create new jobs. There can be little prospect of raising the sort of sums needed from friends and people we know, and while banks may agree to provide short-term finance, they are generally unwilling to provide money on a permanent basis for long-term projects. So companies turn to public, inviting people to lend them money, or take a share in the business in exchange for a share in future profits. This they do by issuing stocks and shares in the business through The Stock Exchange.
By doing so they can put into circulation the savings of individuals and institution, both at home and overseas. When the saver needs his money back, he does not have to go to the company with whom he originally placed it. Instead, he sells his shares through a stockbroker to some other saver who is seeking to invest his money.
Many of the services needed both by industry and by each of us are provided by the Government or by local authorities. Without hospitals, roads, electricity, telephones, railways, this country could not function. All these require continuous spending on new equipment and new development if they are to serve us properly, requiring more money than is raised through taxes alone. The government, local authorities, and nationalized industries therefore frequently needed to borrow money to finance major capital spending, and they, too, come to The Stock Exchange.
There is hardly a man or woman in this country whose job or whose standard of living does not depend on the ability of his or her employers to raise money to finance new development. In one way or another this new money must come from the savings of the country. The Stock Exchange exists to provide a channel through which these savings can reach those who need finance. [br] Almost all companies involved in new production and development must ______.
选项
A、rely on their own financial resources
B、persuade the banks to provide long-term finance
C、borrow large sums of money from friends and people we know
D、depend on the population as a whole for finance
答案
D
解析
转载请注明原文地址:https://tihaiku.com/zcyy/2841591.html
相关试题推荐
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
随机试题
SincetheTitanicvanishedbeneaththefrigidwatersoftheNorthAtlantic85
Withonlyabout1,000pandasleftintheworld,Chinaisdesperatelytrying
A、Localfolks.B、Professionaleditors.C、Communityactivists.D、Clubsandchurch
"Hightech"and"stateoftheart"aretwoexpressionsthatdescribethemod
治疗急性颅高压的首选药是()A.25%山梨醇 B.20%甘露醇 C.地
外散风热,内疏肝郁,且有利咽透疹之功的药物是()。A.柴胡B.薄荷C.菊花D.
A.先煎B.后下C.包煎D.另煎E.烊化钩藤入汤剂的煎服方法是
A.普萘洛尔B.硝苯地平C.胍乙啶D.利血平E.缬沙坦易引起直立性低血压的药物是
风险管理流程是连接商业银行各业务单元和关联市场的一条纽带。()
局部加热热处理的焊缝应进行()。A.金相分析 B.残余应力测试 C.硬
最新回复
(
0
)