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
33
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 passage provides information that would answer which of the following questions?
选项
A、What was the average annual amount, in dollars, of minority business receipts before the SBA strategy was implemented?
B、What locations are considered to be unfavorable for minority businesses?
C、What is the current success rate for minority businesses that are capitalized by MESBIC’s?
D、How has the use of federal funding for minority businesses changed since the 1960s?
答案
D
解析
该题问:文中回答了下面哪个问题?A项意为“SBA实行前少数民族企业的平均收入是多少?”,显然本文没有提及。B项意为“哪些地理位置被认为对少数民族企业不合适?”,本文没有提及。C项意为“被MESBIC所资助的少数民族企业成功率现在是多少?”,本文没有提及。D项意为“60年代以来联邦对少数民族企业资助怎么变化?”,这也是原文所说SBA到MESBIC的变化。因此D项为正确选项。
转载请注明原文地址:https://tihaiku.com/zcyy/3280220.html
相关试题推荐
Federaleffortstoaidminoritybusinessesbeganinthe1960’swhentheSmall
Federaleffortstoaidminoritybusinessesbeganinthe1960’swhentheSmall
Thewordtaskoriginallymeantmoneytobepaidbypeopleofbusinessestoagov
Atlasthereffortsborefruit.BurtonwasappointedtoSantos,inBrazil,wh
Atlasthereffortsborefruit.BurtonwasappointedtoSantos,inBrazil,wh
WhowastheleaderofFederalistsintheearlyhistoryofUnitedStates?A、Jeffer
Atlasthereffortsborefruit.BurtonwasappointedtoSantos,inBrazil,wh
Atlasthereffortsborefruit.BurtonwasappointedtoSantos,inBrazil,wh
Assuburbsgrew,businessesmovedintothenewareas.Largeshoppingcentres
Assuburbsgrew,businessesmovedintothenewareas.Largeshoppingcentres
随机试题
Whatcanwelearnfromtheconversation?[br][originaltext]W:Whatdidthedir
Duringthenineteenthcentury,whenlittlewasknownaboutenvironmentalism
数字证书在网络活动中的应用领域与范围越来越广,其中能够确认软件的完整性,保证软件
一般来说,一个良好的收费/内部核算体系应该满足:()。A.准确公平地补偿提供服
全科医疗的基本特征不包括以下哪项A.为社区居民提供连续性服务 B.提供以人为本
经济适用房必须满( ),才能直接上市交易。A.2年 B.3年 C.5年
患者发热胸闷,口噤,项背强直,手足挛急,腹胀便秘,舌红,苔黄厚腻,脉弦数。其诊断
下列不属于银行业金融机构的审慎经营规则内容的是:()A.资本充足率 B.
用挣值法进行费用、进度综合分析时,若进度偏差大于0,则工程项目绩效评价 的结
关于工伤医疗停工留薪期的说法,正确的是()。A.在停工留薪期内,原工资福利待遇适
最新回复
(
0
)