首页
登录
职称英语
Recent years have brought minority-owned businesses in the United States unpr
Recent years have brought minority-owned businesses in the United States unpr
游客
2025-01-13
31
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] According to the passage, civil rights activists maintain that one disadvantage under which minority-owned businesses have traditionally had is that they have______.
选项
A、been especially vulnerable to government mismanagement of the economy
B、been denied bank loans at rates comparable to those offered to larger competitors
C、not had sufficient opportunity to secure business created by large corporations
D、not been able to advertise in those media that reach large numbers of potential customers
答案
C
解析
转载请注明原文地址:https://tihaiku.com/zcyy/3910570.html
相关试题推荐
Isloyaltyintheworkplacedead?Justrecently,LyndaGratton,aworkpl
Isloyaltyintheworkplacedead?Justrecently,LyndaGratton,aworkpl
[originaltext]AstudyhasshownthathereintheUnitedStates,we’veexperi
[originaltext]AstudyhasshownthathereintheUnitedStates,we’veexperi
TheUnitedNationsHumanRightsCouncilwasformerSecretaryGeneralKofiAn
TheUnitedNationsHumanRightsCouncilwasformerSecretaryGeneralKofiAn
TheUnitedNationsHumanRightsCouncilwasformerSecretaryGeneralKofiAn
TheParisAirShowbroughtAirbus425bookingsworthtensofbillionsofdoll
TheParisAirShowbroughtAirbus425bookingsworthtensofbillionsofdoll
[originaltext](1)AccordingtoarecentstudyinSweden,almosthalfofourunna
随机试题
[originaltext]W:Welcometoourprogram.Thisweek,wewouldliketotalkabout
(expose)______tosunlightfortoomuchtimewilldoharmtoone’sskin.Beingexp
整理形态代表当前市场暂时休整,下一步市场运动将与此前趋势的原方向反转。()A、正确B、错误B整理形态代表当前市场暂时休整,下一步市场运动将与此
ThetopclimatescientistatNASA(美国航空航天局)saystheBushadministrationhast
微观经济学的核心问题是()。A.价格理论 B.供求理论 C.弹性理论 D.
以下不属于股权回购的是( )。A.控股股东回购 B.管理层回购 C.员工收
关于私募基金管理人,以下表述错误的是()。A.私募基金管理人管理、运用私募基金
饭店支付员工工资必须按照与员工约定的日期支付,全日制用工至少应每月支付一次,非全
下列哪项属于CAD软件的主要功能?()(2011年真题)A.几何纠正 B
保险合同的解除包括()A:法定解除B:强制解除C:约定解除D:协商解除E
最新回复
(
0
)