首页
登录
职称英语
Federal efforts to aid minority businesses began in the 1960’s when the Sma
Federal efforts to aid minority businesses began in the 1960’s when the Sma
游客
2024-10-05
41
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 failure 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 large, 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 participating company to establish a Minority Enterprise Small Businesses that have potential to become future suppliers of 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 businesses already exist through the sponsoring companies, the minority businesses face considerably less risk in terms of location and market fluctuation. Following early financial and operating problems, sponsoring corporations began to capitalize MESBIC’s far above the legal minimum of $500,000 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 if followed, MESBIC directors may revert to policies likely to re-create the disappointing results of the original SBA approach. [br] Which of the following best states the central idea of the passage?
选项
A、The use of’ MESBIC’s for aiding minority entrepreneurs seems to have greater potential for success than does the original SBA approach.
B、There is a crucial difference in point of view between the staff and directors of some MESBIC’s.
C、After initial problems with management and marketing, minority businesses have begun to expand at a steady rate.
D、Minority entrepreneurs wishing to form new businesses now have several equally successful federal programs on which to rely.
答案
A
解析
主旨题。文章一开始就点名。SBA(小型企业管理局)向少数民族企业提供联邦保证贷款,政府资助管理和技术方面的帮助,结果令人失望。组建成的少数民族新企业由于管理上缺乏经验、地点不佳、资金短缺而导致失败的情况很多。
转载请注明原文地址:https://tihaiku.com/zcyy/3788047.html
相关试题推荐
WhydidHamptonhotelsdonatemoneytosupportcitizenefforts?[br][originalt
Federaleffortstoaidminoritybusinessesbeganinthe1960’swhentheSma
Federaleffortstoaidminoritybusinessesbeganinthe1960’swhentheSma
Federaleffortstoaidminoritybusinessesbeganinthe1960’swhentheSma
Hawaii’snativeminorityisdemandingagreaterdegreeofsovereigntyoveri
Hawaii’snativeminorityisdemandingagreaterdegreeofsovereigntyoveri
Hawaii’snativeminorityisdemandingagreaterdegreeofsovereigntyoveri
Greatereffortstoincreaseagriculturalproductionmustbemadeiffoodshortag
Whywastheyoungwomanheldupinthefederalimprisonmentcenter?[originaltex
TheUnitedStatescourtsystem,aspartofthefederalsystemofgovernment,
随机试题
Themayorclaimedthatheresignedbecauseofahealthcrisis,butsomebodylear
20世纪70年代开始,美国英国、德国等发达国家开始进行无人驾驶汽车的研究,在可行性和实用化方面都取得了突破性的进展。但无人驾驶汽车的发展仍然处于萌芽状态。迄
[originaltext]Doyouhaveatoughmathtestcomingup?Thenlistentosome
E
依法实行许可证管理的药事活动不包括A、药品研究 B、药品生产 C、药品批发
销售机构应当妥善保存投资者适当性管理以及其他与私募基金募集业务相关的记录及其他相
若采用固定投资比例策略限制股票资产在40%,起始投资组合之股票为80万元,其余则
麻醉药品处方至少保存A、1年 B、2年 C、3年 D、4年 E、5年
(2021年真题)在标准耐火试险条件下,判断承重墙的耐火极限时,不需要考虑的因素
下列关于卷烟和白酒消费税的说法中,正确的有()。A.未经国务院批准纳人计划的企
最新回复
(
0
)