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
When Arsenal, an English football club, took on Reading in 2007, the cover of the official program featured Theo Walcott, a youn
When Arsenal, an English football club, took on Reading in 2007, the cover of the official program featured Theo Walcott, a youn
admin
2013-10-08
31
问题
When Arsenal, an English football club, took on Reading in 2007, the cover of the official program featured Theo Walcott, a young football player known for his speed. A copy is on display near the town of Bhig-wan in the Indian state of Maharashtra, in a factory belonging to Ballarpur Industries Limited(BILT). It is India’s biggest maker of writing and printing paper, including the glossy stock that Arsenal supporters browse before kick-off.
BILT is part of the Avantha Group, a corporation headed by Gautam Thapar that spans agribusiness, power and manufacturing, among other things. The group has grown at a pace that would shame Mr. Walcott, earning revenues of about $4 billion in 2009, compared with $1 billion in 2003. It provides one example of how corporate India might evolve, as it globalizes its operations, professionalizes its management and modernizes its technologies, while remaining a family corporation.
The group was founded in the 1920s by Karam Chand Thapar, who passed it on to his son, Lalit Mohan. Like many family corporations, it split in its third generation. But it split amicably, leaving Mr. Thapar with the lion’s share of the businesses. Other corporate siblings squabble over the family name. Mr. Thapar dropped it, rebranding the group "Avantha" in 2007.
Mr. Thapar cites a European tradition, where the heirs to family businesses first go off to try their luck elsewhere, before returning to the family fold. By accident, if not by design, he enjoyed a similar upbringing.
As the second son of Lalit Mohan’s brother, Gautam grew up "twice removed from any position of inheritance."
That was probably just as well. Sudhir Trehan, who runs Crompton Greaves, Avantha’s electrical equipment-maker, jokes that when he joined as a trainee in 1972, the management would not drink tea unless it were served with white gloves from a silver pot. That complacent culture could not survive the less sheltered economy of the 1990s. Mr. Thapar became boss of BILT after steering it clear of bankruptcy in the latter half of that decade. Thereafter his uncle left him free to get on with it. Mr. Thapar cultivates a similar relationship with those who work for him, giving promising young executives responsibility for smaller units early on, so they can make their mistakes before the stakes get too big. "You actually believe it’s your company," says Vineet Chhabra, head of Global Green, a subsidiary which exports foods to 50 countries.
One advantage of a corporation is that it allows the ambitious to graduate from one company to another without leaving the group. When Mr. Chhabra began to feel irritated by Global Green’s small scale, he was given that option. But instead he chose to turn Global Green into the bigger company he wanted to run. With the group’s backing, it acquired Intergarden, a Belgian company three times its size. The purchase illustrates another advantage of the corporation: it gives units access to finance they could not raise on their own.
Indian companies typically buy firms abroad to secure materials, markets, or technologies. Avantha has gone in search of all three. Intergarden, for example, gave Global Green valuable customer relationships. BILT bought a Malaysian firm to gain access to its timber. Crompton Greaves wanted Pauwels, a Belgian company, mainly for its know-how.
Mr. Thapar is unusual among Indian businessmen in seeking inspiration(as well as acquisitions and markets)in continental Europe. In both Europe and India, he points out, the state remains a big owner of enterprise, the capital markets have yet to supersede banks as a source of corporate finance, and share ownership is often concentrated in family hands. Even the group’s new name is an unlikely mix of Indian and European. It evokes both the Sanskrit for "strong foundations" and the French for "advance"— a combination worth trading the family name for.
Why does the author say in the second paragraph "The group has grown at a pace that would shame Mr. Walcott..."?
选项
A、Because the group has gone bankrupt.
B、Because such events would never happen again.
C、Because Mr. Walcott didn’t play well afterward.
D、Because the group developed at an unbelievable speed.
答案
D
解析
句意理解题。据第1段首句可知,Theo Walcott是一个以速度出名的足球员,第2段第2句描述Avantha集团能让这一球员感到羞愧,而其后则以数据表明集团利润的飞跃,故可以推断这一集团是以其发展速度使Walcott羞愧,故D符合题意。
转载请注明原文地址:https://jikaoti.com/ti/yJ7YFFFM
0
专业英语八级
相关试题推荐
WhichofthefollowingstatementsabouttheItaliancargoshipisCORRECT?
Thechangesinlanguagewillcontinueforever,butnooneknowssurewhodoesthechanging.Onepossibilityismatchildrenare
TherapiddevelopmentofAmericaneconomyaftertheCivilWarwasdueto______.
ThePuritantraditionwasmainlydevelopedinthe______colony.
TheLollardswere______whohadplayedaveryimportantroleinthePeasantUprisingof138
AHealthyMixofReading,WritingandTechnologyTechnologyhasinfluencedstudents’learninginthefollowingaspects;I.About
房地产业作为国民经济的基础产业和主导产业,其发展历程不是一帆风顺的。我国在20世纪50年代中期到20世纪80年代初,房地产市场是不存在的。在这期间土地资源和房屋资源的配置不通过市场,而直接由政府的计划指令配置,公开的房地产市场基本被取消。因此,从20世纪8
Withallthetroublesthathumanityfaces,whyshouldwecareabouttheconditionoflivingnature?Homosapiensisspeciesconf
A、Theprisoners’relatives.B、Theprisoners’friends.C、Theofficialsofthejail.D、Theguardsofthejail.A
AcademicResearchandProjectDesignI.ResearchandDesign—(1)___isaspringofcreationwhileinterestisapowersourcefo
随机试题
青年人应该掌握三大财富能力:正确运用金钱的能力、处理物质欲望的能力、了解匮乏与金钱极限的能力。这三种能力背后所________出的,正是对自己负责、独立解决财富问题的能力,这对于一个人的一生来说至关重要。仔细观察那些善于创造财富、积累财富的民族,事实上从幼
宫颈癌的好发部位( )。
A.清热生津润燥B.散结消瘀续伤C.涤痰散结宽胸D.清热生津止渴E.清热化痰止咳
对于阳盛体质病人,在养生防病时的宜忌是()。
下列内容不属于开发区环境影响评价报告书总论所包括的内容的是( )。
关于职业健康安全和环境管理体系标准的共同点,说法错误的是()。
在计算股价平均数和股票价格指数时,所选择的股票必须具有()。
研究人员宣布,他们发现了小鼠进食后部分物质如何使大脑产生吃饱的感觉。此前的研究已发现,小鼠进食时,在作为食欲中枢的丘脑下部室旁核中,一种称为“nesfatin-1”的蛋白质会增加,让小鼠产生吃饱感。但具体机制如何运作一直是个谜。研究人员在小鼠的室旁核中取出
ADO的含义是()。
Whydidthemancomeback?
最新回复
(
0
)