首页
登录
职称英语
Federal efforts to aid minority businesses began in the 1960’s when the Small
Federal efforts to aid minority businesses began in the 1960’s when the Small
游客
2023-12-17
42
管理
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 does simply making general management experience and small amounts of capital available. Further, since potential markets for the minority busineses already exist through the sponsoring companies the minority businesses face conisderably 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 income 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. [br] Which of the following does the author cite to support the conclusion that the results of the SBA program were disappointing?
选项
A、The small number of new minority enterprises formed as a result of the program.
B、The small number of minority enterprises that took advantage of the management and technical assistance offered under the program.
C、The small percentage of nation’s business receipts earned by minority enterprises following the programs, implementation.
D、The small percentage of recipient minority enterprises that were able to repay federally guraranteed loans made under the program.
答案
C
解析
该题问:哪一项被作者引用来说明SBA计划是令人失望的?A项意为“由此计划而建立的少数民族企业很少”,本文没有提及。B项意为“从此计划中受到管理和技术上帮助的少数民族企业很少”,本文没有提及。c项意为“此计划实行后,少数民族企业的收入占国民收入的份额很小”,在文中的第一段找到线索:Even l5 years after the program was implemented, minority business receipts were not quite two percent of the national economy’s total receipts(即使在实行此计划15年后,少数民族企业收入也只占国民经济收入的2%不到)。原文就是用这个比例数字来论证SBA计划的结果使人失望。因此C项为正确选项。D项意为“此计划中只有很少一部分少数民族企业能归还联邦贷款”。原文没有提到。
转载请注明原文地址:https://tihaiku.com/zcyy/3280217.html
相关试题推荐
SecurityconcernshavepromptedthefederaldepartmentsofStateandHomeland
SecurityconcernshavepromptedthefederaldepartmentsofStateandHomeland
SecurityconcernshavepromptedthefederaldepartmentsofStateandHomeland
[originaltext]AtopUnitedNationsofficialhaswarnedthateffortstoreduc
[originaltext]AtopUnitedNationsofficialhaswarnedthateffortstoreduc
TheFederalGovernmentoftheU.S.isdividedinto______branches.A、2B、3C、4D
FederalReserveSystem,centralbankingsystemoftheUnitedStates,popularl
WhichdoesNOTbelongtothejudicialsystemsprovidedbytheAmericanFederalG
Angeredbyanexcisetaximposedonwhiskeyin1791bythefederalgovernment
Angeredbyanexcisetaximposedonwhiskeyin1791bythefederalgovernment
随机试题
人是会病的,孩子也不能幸免,生病是生活的一部分,父母不能包办一切。我一直秉承这一思路,来处理自己和孩子的关系。父母爱孩子,是天性和本能。如何教育孩子,需要学习
在官刻本中,( )历史最为悠久,也最有名。A.内府本 B.殿本 C.藩府本
下列各项属于税务师职业道德灵魂的是()。A.遵法守规 B.诚实信用 C.专
乳牙患龋达高峰的年龄是A.11~12岁 B.5~6岁 C.9~10岁 D.
子宫内膜功能层从基底层崩解脱离是A、孕激素撤退 B、雌激素撤退 C、孕酮
现行取油标准与GB/T-1987比较主要有哪些变化?(A)增加了使用范围和规范性
胃肠消化液的慢性丢失易导致 A.等渗性缺水B.低渗性缺水C.高渗性缺水D
在企业采购管理流程中,处于最后一个环节的是()。A.提出采购申请 B.物料验
某企业拟投资建设新项目的有关情况如下: 项目计算期:建设期为2年,生产期为
鉴定支原体最特异敏感的试验是A.生长抑制试验(GIT) B.ELISA试验
最新回复
(
0
)