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
28
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] The author’s primary Objective in the passage is to ______.
选项
A、disprove the view that federal efforts to aid minority businesses have been ineffective
B、explain how federal efforts to aid minority businesses have changed since the 1960’s
C、establish a direct link between the federal efforts to aid minority businesses made before the 1960s and those made in the 1980s
D、analyze the basis for the belief that job-specific experience is more useful to minority businesses than is general management experience
答案
B
解析
该题问:作者的写作目的是什么?A项意为“证明一个观点错误:联邦资助少数民族企业是无效的”,在原文中并没有反驳别的观点的内容。B项意为“解释联邦资助少数民族企业的计划自60年代以来怎么转变”。这项为正确选项,此项说的即原文所说的从SBA到MESBIC的变化。C项未提in the 1980s的内容。D项job-specific experience和general management experience的比较在原文中未出现。
转载请注明原文地址:https://tihaiku.com/zcyy/3280219.html
相关试题推荐
WhichofthefollowingisnotthebranchofAmericanFederalgovernment?A、Execut
Incontrasttotraditionalanalysesofminoritybusiness,thesociologicalan
Incontrasttotraditionalanalysesofminoritybusiness,thesociologicalan
Federaleffortstoaidminoritybusinessesbeganinthe1960’swhentheSmall
Federaleffortstoaidminoritybusinessesbeganinthe1960’swhentheSmall
Atlasthereffortsborefruit.BurtonwasappointedtoSantos,inBrazil,wh
Atlasthereffortsborefruit.BurtonwasappointedtoSantos,inBrazil,wh
Atlasthereffortsborefruit.BurtonwasappointedtoSantos,inBrazil,wh
Assuburbsgrew,businessesmovedintothenewareas.Largeshoppingcentres
Assuburbsgrew,businessesmovedintothenewareas.Largeshoppingcentres
随机试题
Thelongyearsoffoodshortageinthiscountryhavesuddenlygivenwayto
以下不属于单元测试内容的是()。A.边界测试 B.局部数据结构测试 C.错
以下知识产权中,()的保护期限是可以延长的。A.专利权 B.商标权 C.著
关于城市维护建设税,说法错误的是()。A.凡缴纳消费税、增值税、营业税的单位和
C31g白磷中,其分子含有的共价单键数目应该是1.5NA,A项错误。1molFe与足量的Cl2发生反应,转移电子数目为3NA,B项错误。O2和O3都是由氧原子构
A银行的贷款风险分类情况为:正常类贷款60亿元,关注类贷款20亿元,次级类贷款1
A.心电图运动试验 B.核素心肌灌注显像 C.动态心电图监测 D.心脏超声
剩余产品的出现,是财政产生的()。A.物质条件 B.政治条件 C.直接条件
根据关税法律制度的规定,下列进口货物中,实行从价加从量复合计征进口关税的有()。
在科目汇总表账务处理程序方式下,其记账凭证、账簿的设置与记账凭证账务处理程序是不
最新回复
(
0
)