首页
登录
职称英语
Recent years have brought minority-owned businesses in the United States unp
Recent years have brought minority-owned businesses in the United States unp
游客
2023-12-23
49
管理
问题
Recent years have brought minority-owned businesses in the United States unprecedented opportunities as well as new and significant risks. Civil rights activists have long argued that one of the principal reasons why Blacks, Hispanics, and other minority groups have difficulty establishing themselves in business is that they lack access to the sizable orders and subcontracts that are generated by large companies. Now Congress, in apparent agreement, has required by law that businesses awarded federal contracts of more than $ 500, 000 do their best to find minority subcontractors and record their efforts to do so on forms filed with the government. Indeed, (some federal and local agencies) have gone so far as to set specific percentage goals for apportioning part of public works contracts to minority enterprises.
Corporate response appears to have been substantial. (According to figures collected in 1977, the total of corporate contracts with minority businesses rose from $ 77 million in 1972 to $1.1 billion in 1977. ) The projected total of corporate contracts with minority businesses for the early 1980s is estimated to be over $ 3 billion per year with no letup anticipated in the next decade.
Promising as it is for minority businesses, this increased patronage poses dangers for them, too. First, minority firms risk expanding too fast and overextending themselves financially, since most are small concerns and, unlike large businesses, they often need to make substantial investments in new plants, staff, equipment, and the like in order to perform work subcontracted to them. If, thereafter, their subcontracts are for some reason reduced, such firms can face potentially crippling fixed expenses. The world of corporate purchasing can be frustrating for small entrepreneurs who get requests for elaborate formal estimates and bids. Both consume valuable time and resources, and a small company’s efforts must soon result in orders, or both the morale and the financial health of the business will suffer.
A second risk is that White-owned companies may seek to cash in on the increasing apportionments through formation of joint ventures with minority-owned concerns. Of course, in many instances there are legitimate reasons for joint ventures; clearly, White and minority enterprises can team up to acquire business that neither could acquire alone. But civil rights groups and minority business owners have complained to Congress about minorities being set up as "fronts" with White backing, rather than being accepted as full partners in legitimate joint ventures.
Third, a minority enterprise that secures the business of one large corporate customer often run the danger of becoming and remaining dependent. Even in the best of circumstances, fierce competition from larger, more established companies makes it difficult for small concerns to broaden their customer bases: when such firms have nearly guaranteed orders from a single corporate benefactor, they may truly have to struggle against complacency arising from their current success. [br] The author implies that a minority-owned concern that does the greater part of its business with one large corporate customer should ______.
选项
A、avoid competition with larger, more established concerns by not expanding
B、concentrate on securing even more business from that corporation
C、try to expand its customer base to avoid becoming dependent on the corporation
D、use its influence with the corporation to promote subcontracting with other minority concerns
答案
C
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3298226.html
相关试题推荐
ArecentstudybytheCenterforEconomicPolicyResearchsaysthat,inorderto
ArecentstudybytheCenterforEconomicPolicyResearchsaysthat,inorderto
ArecentstudybytheCenterforEconomicPolicyResearchsaysthat,inorderto
ArecentstudybytheCenterforEconomicPolicyResearchsaysthat,inorderto
[originaltext]"WouldYouKilltheFatMan?"isthetitleofarecentbookab
HowhavetheEUstatesactedwithregardtotheJCPOA?[originaltext]TheEUstat
HowwastheUSdraftedresolutioncondemningHamasconsideredbytheUnitedNati
Recentresearchrevealedthatitisacommonbiologicalphenomenontoshedskin
Whatisthemaintopicofthepassage?[originaltext]Myteenagesonrecently
AnarticlepublishedrecentlyintheprestigiousscientificjournalNaturei
随机试题
Withinhoursofappearingontelevisiontoannouncetheendofconscription,
HowmanytimesdidSomalipiratessuccessfullyhijackvesselsin2009?[br][or
Inanaturaldisaster--ahurricane,flood,tornado,volcaniceruption,oro
已知铆钉的许可切应力为[τ],许可挤压应力为[σbs],钢板的厚度为t,则图示铆
某办公楼工程,总建筑面积约30000m2,工程设计由某设计单位承担完成后,采用公
A. B. C. D.
与自制性相反的意志品质有() A.任性B.优柔寡断C.动摇性D.盲从
属损其有余的治疗方法是A.清泻阳热 B.滋阴法 C.温散阴寒法 D.益气回
对肺炎病人所致的缺氧进行无创通气,采用( )。A.高压氧疗 B.呼气末正压给
工作流程图中,菱形框表示()。A.工作 B.工作之间的逻辑关系 C.工作部门
最新回复
(
0
)