2. 职称英语
  3. 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2025-04-19  37
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 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 parts 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 1980’s is estimated to be over 53 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、pass on some of the work to be done for the corporation to other minority-owned concerns
答案 C
解析 根据文中最后一段的“Third，a minority enterprise that secures the business of one large corporatecustomer often runs the danger of becoming—and remaining—dependent．Even in the best of circumstances，fiercecompetition from largeL more established companies makes it difficult for small concerns to broaden their customerbases”可知，少数民族企业应降低对大企业的依赖性，扩大自己的客户基础。据此可知，C项正确。
转载请注明原文地址:https://tihaiku.com/zcyy/4044913.html
相关试题推荐
随机试题
最新回复(0)