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
2024-02-17
46
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] All the essential services on which we depend are ______.
选项
A、run by the Government or our local authorities
B、in constant need of financial support
C、financed wholly by rates and taxes
D、unable to provide for the needs of the population
答案
B
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3457860.html
相关试题推荐
Asapublicrelationsofficer,heissaid______(认识几个非常有影响力的人).tohaveknownsome
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
WhySmallCompaniesWillWininThisEconomyIjustheardastor
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
ChicagoPublicSchoolsofficialsaregivingthepublicanearlylookatthe
随机试题
TheWorldHungerCounciliscommittedtodoingallwecantofighttheproblems
Choosethecorrectletter,A,BorC.[br]WhatisDaisymostworriedabout?[or
以下IO数据传送控制方式中,对CPU运行影响最大的是()A.程序直接控制
执行()操作时,需要使用队列作为辅助空间。A.前序遍历二叉树 B.深度优先搜索
A.呕吐食物 B.呕而不吐 C.呕吐酸苦水 D.呕吐痰涎 E.呕吐带血样
2010年,江苏省全年粮食总产量达3235.1万吨,比上年增加5万吨;其中夏粮
“种地选好种,一垄顶两垄”,这句农业谚语说明的生物现象是()。A.适者生存
最严重、最常见而又最难对付的失业类型是()失业。A:选择性 B:结构性
发审委审核特别程序中,每次参加发审委会议的委员为()名。A:3 B:5 C:
建设项目竣工环境保护验收报告包括()等内容。A.验收申请 B.验收调查报告
最新回复
(
0
)