首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Federal efforts to aid minority businesses began in the 1960’s when the Small Business Administration (SBA) began making federal
Federal efforts to aid minority businesses began in the 1960’s when the Small Business Administration (SBA) began making federal
admin
2010-02-20
29
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 failures 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 larger, 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 Minority Enterprise Small Business Investment Company or MESBIC. The MESBIC then provides capital and guidance to minority businesses that have potential to become future suppliers or 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, sines potential markets for the minority business already exist through the sponsoring companies the minority businesses fane considerably less risk in terms of location. Following early financial and operating problems, sponsoring corporations began to capitalize MESBIC’s far above the legal minimum of $ 500,00 in order to generate sufficient in come 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 sponsorin8 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 is followed, MESBIC directors may revert to policies likely to recreate the disappointing results of the original SBA approach.
The author’s primary objective in the passage is to ______.
选项
A、disprove the view that federal efforts to aid minority businesses have been ineffective
B、explain how federal efforts to aid minority businesses have changed since the 1960’s
C、establish a direct link between the federal efforts to aid minority businesses made before the 1960’s and those made in the 1980’s
D、analyze the basis for the belief that job-specific experience is more useful to minority businesses than is general management experience
答案
B
解析
该题问:作者的写作目的是什么?A项意为“证明一个观点错误:联邦资助少数民族企业是无效的”,在原女中并没有反驳别的观点的内容。B项意为“解释联邦资助少数民族企业的计划自60年代以来怎么转变”。这项为正确选项,此项说的即原文所说的从SBA到MESBIC的变化。C项未提in the 1980’s的内容。D项job specific experience和general management experience的比较在原文中未出现。
转载请注明原文地址:https://jikaoti.com/ti/d79YFFFM
0
专业英语八级
相关试题推荐
Joyandsadnessareexperiencedbypeopleinallculturesaroundtheworld,buthowcanwetellwhenotherpeoplearehappyord
A、TheGilbey’s.B、TheGoldenBengal.C、TheGino’s.D、Noneoftheabove.D
Scienceisadominantthemeinourculture.Sinceittouchesalmosteveryfacetofourlife,educatedpeople,needatleastsome
A、TheoriginoftheFoodandDrugAdministration.B、AnovelwrittenbyUptonSinclair.C、Thegrowthoftheconsumerprotectionc
Recentyearshavebroughtminority-ownedbusinessesintheUnitedStatesunprecedentedopportunitiesaswellasnewandsignific
Evenaself-confidentpersonneedstopracticebeforemakingaspeechinpublic.
Tenyearsago,insettlingthelargestcivillawsuitintheUShistory,thetobaccoindustryagreedtopaythe50states$246bi
Whattodonow?SchoolofficialsaroundthecountryareaskingthatquestionfollowingaSupremeCourtdecisionrejectingracial
LeavesofGrasswascomposedby_________.
Mymother’shandsaredeepincabbageleaves,hersleevespusheduppastherelbows,asshesiftsthroughwater,salt,andveget
随机试题
此时进行X线检查首选的片位是如牙根取出后局部遗留较大的口腔上颌窦瘘(4mm×2mm),正确处理方法为
关于Rh血型系统的叙述,正确的是
A.四神丸B.牡蛎散C.固冲汤D.金锁固精丸E.真人养脏汤
患儿,10个月。高热烦躁,气急鼻煽,张口抬肩,喉中痰鸣,声如拽锯,口唇紫绀。其治法是
A市某钢筋有限公司排放的废水污染了罗水县甲、乙、丙3个村共有的水库,受损达数万元。3个村联合向法院起诉索赔。经过法院调解,钢筋有限公司同意支付索赔金额的50%,甲、乙表示同意,遂与钢筋有限公司达成调解协议。调解书送达丙村时,丙村拒收,并声明当天调解他们不在
在保证功能和质量、不违反劳动安全与环境保护的原则下,选择新技术方案的主要原则是()。
英国主要进口商品为()
电视1936年在()诞生。
矫正社会工作针对社会环境的功能是什么?()
(A)条件(1)充分,但条件(2)不充分.(B)条件(2)充分,但条件(1)不充分.(C)条件(1)和条件(2)单独都不充分,但条件(1)和条件(2)联合起来充分.(D)条件(1)充分,条件(2)也充分.(E)条件(1)和条件(2)单独都不充分,条
最新回复
(
0
)