His chief difficulty ______ people ignorant of Jeans machinations.
A.lie in keeping
B.lies in keeping
C.lay in keeping
D.lay at keeping
A.lie in keeping
B.lies in keeping
C.lay in keeping
D.lay at keeping
A.teachers
B.technicians
C.students
D.chief physicians
It is physically impossible for a well-educated, intellectual(理性的), or brave man to make money the chief of his thoughts; as physically impossible as it is for him to make his dinner the principal object of them. All healthy people like their dinner, but their dinner is not the main object of their lives. So all healthy-minded people like making money but the main object of their lives is not money; it is something better than money.
A good soldier, for instance, mainly wishes to do his fighting well. He is glad for his pay very properly so, and justly grumbles (抱怨) when you keep him ten months without it; still his main motion of his life is to win battles, not to be paid for winning them.
So of doctors. They like fees no doubt-ought to like them; yet if they are brave and well-educated, the entire object of their lives is not fees. They, on the whole, desire to cure the sick, and they are good doctors, and the choices were fairly put to them would rather cure their patients and lose their fees than kill him and get it. And so with all other brave and rightly trained men, their work is first, their fee second, very important always, but still second.
The main idea of the text is that _______.
A.people can't live without money.
B.money is as important as work.
C.the main object of the people's lives should not be money but work.
D.the entire object of the people's lives is making money.
Saxophone Enterprises Co (Saxophone) has been trading for 15 years selling insurance and has recently become a listed company. In accordance with corporate governance principles Saxophone maintains a small internal audit department. The directors feel that the team needs to increase in size and specialist skills are required, but they are unsure whether to recruit more internal auditors, or to outsource the whole function to their external auditors, Cello & Co.
Saxophone is required to comply with corporate governance principles in order to maintain its listed status; hence the finance director has undertaken a review of whether or not the company complies.
Bill Bassoon is the chairman of Saxophone, until last year he was the chief executive. Bill is unsure if Saxophone needs more non-executive directors as there are currently three non-executive directors out of the eight board members. He is considering appointing one of his close friends, who is a retired chief executive of a manufacturing company, as a non-executive director.
The finance director, Jessie Oboe, decides on the amount of remuneration each director is paid. Currently all remuneration is in the form. of an annual bonus based on profits. Jessie is considering setting up an audit committee, but has not undertaken this task yet as she is very busy. A new sales director was appointed nine months ago. He has yet to undertake his board training as this is normally provided by the chief executive and this role is currently vacant.
There are a large number of shareholders and therefore the directors believe that it is impractical and too costly to hold an annual general meeting of shareholders. Instead, the board has suggested sending out the financial statements and any voting resolutions by email; shareholders can then vote on the resolutions via email.
Required:
(a) Explain the advantages and disadvantages for each of Saxophone Enterprises Co AND Cello & Co of outsourcing the internal audit department.
Note: The total marks will be split as follows:
Saxophone Enterprises Co (8 marks)
Cello & Co (2 marks) (10 marks)
(b) In respect of the corporate governance of Saxophone Enterprises Co:
(i) Identify and explain FIVE corporate governance weaknesses; and
(ii) Provide a recommendation to address each weakness.
Note: The total marks will be split equally between each part. (10 marks)
In his new position, he has many reports to read-reports from farmers who are applying for loans; status reports from farmers who have received loans; and reports from his employer, the federal government, on new loan programs.
After reading so many reports, Peter wonders,“Why are reports so different?"Some are long, some are short. Some are simple, some are complex. Some are easy to read, some are difficult to read. Some are coherent, some are. not. Some make recommendations, some do not. Why are reports so different?
1.The San Joaquin Valley in California is one of the most().
A.famous industrial areas
B.popular tourist attractions
C.productive agricultural areas
2. What does Peter do in his new position? ()
A.He reads many reports from several aspects
B.He writes many reports for farmers and banks
C.He is in charge of investment and marketing
3. Why the farmers write reports to Peter?()
A.To make conclusions
B.To apply for loans
C.To do business with him
4. From reading reports, Peter finds that().
A.most of the reports are well written
B.farmers are good at writing reports
C.the reports show great difference
5.What do you think the author will talk later?()
A.The difficulty of the farmers
B.The position of Peter' s supervisor
C.The reasons causing difference of reports
The specialist understands one field; his concern is with technique and tools. He is a "trained" main and his educational background is properly technical or professional. The generalists and especially the administrators deal with people; his concern is with leadership, with planning, and with direction giving. He is an "educated" man; and the humanities are his strongest foundation. Very rarely is a specialist capable of being an administrator. And very rarely is a good generalist also a good specialist in a particular field. Any organization needs both kinds of people, though different organizations need them in different proportions. It is your task to find out, during your training period, into which of the two kinds of jobs you fit, and to plan your ca-leer accordingly.
Your first job may turn out to be the right job for you but this is pure accident. Certainly you should not change jobs constantly or people will become suspicious of your ability to hold any job. At the same time, you must not look upon the first job as the final job. It is primarily a training job, a chance to understand yourself and your fitness for being an employee.
There is an increasing demand for ______.
A.all round people in their own fields
B.generalists who are capable of making general judgment
C.people whose educational background is either technical or professional
D.specialists whose chief concern is to provide administrative guidance to others
After the close of regular trading yesterday, Turner sold a block of 60 million shares to Goldman Sachs & Co. for $ 13.07 per share, or 31 cents below the stock's closing price yesterday. Goldman was said by Wall Street sources to be offering the stock to major investors for $ 13.15.
An outspoken critic of the corporation, Turner remains AOL Time Warner's largest individual shareholder, with 45 million shares, and a member of its board of directors. A spokeswoman for Turner referred questions to AOL Time Warner.
At his peak Turner owned about 130 million shares, but he lost billions of dollars in wealth and grew bitter after the stock plunged following the merger of America Online and Time Warner in January 2001.
Turner, who initially supported the merger, later expressed outrage over revelations that America Online had manipulated its financial results. The Securities and Exchange Commission is investigating AOL, and the corporation has acknowledged discovering tens of millions of dollars of overstated revenue.
Turner resigned as vice chairman earlier this year and has been spending less of his time on AOL Time Warner matters. He stepped down after achieving his goal of pressuring America Online founder Steve Case to resign as the corporation's chairman. Case said he was giving up the post to avoid a braising public battle for reelection at next week's annual meeting.
In the effort to oust Case, Turner teamed up with Gordon Crawford, the senior media portfolio manager at Capital Research & Management, the largest institutional shareholder in AOL Time Warner. Capital Research has indicated it will vote against Case's election to remain on the board of directors next week--a position that analysts said should not affect the outcome. Turner, meanwhile, has said he will support the management slate that includes Case and will make Richard D. Parsons the company's chairman and chief executive.
Turner, a visionary who started Cable News Network, is in the midst of rolling out a new chain of restaurants, Ted's Montana Grill, featuring bison burgers. He recently moved his residence from Georgia to Florida for estate planning purposes and is spending time and money on his independent film company, which lost millions of dollars on a lengthy movie about the Civil War.
From the first three paragraphs, we learn that ______.
A.Goldman has made a profit from this transaction of shares with Turner
B.Turner always expresses his dissatisfaction with the corporation openly
C.Goldman bought the block of shares in order to become a member of the board
D.Turner sold a large portion of his shares to retreat from the media business
Another advantage of money is that it is a measure of value, that is, it serves as a unit in terms of which the relative values of different products can be expressed. In a barter economy it would be necessary to determine how many plates were worth one hundred weight of cotton, or how many pens should be exchanged for a ton of coal, which would be a difficult and time-consuming task. The process of establishing relative values would have to be undertaken for every act of exchange, according to what products were being offered against one another, and according to the two parties'desires and preferences. If I am trying to barter fish bananas, for example, a lot would depend on whether the person willing to barter fish for bananas, for example, a lot would depend on whether the person willing to exchange bananas is or not keen on fish.
Thirdly, money acts as a store of wealth. It is difficult to imagine saving under a barter system. No one engaged on only one stage in the manufacture of a person could save part of his output, since he would be producing nothing complete. Even when a person actually produced a complete product the difficulties would be overwhelming. Most products deteriorate fairly rapidly, either physically or in value, as a result of long storage; even if storage were possible, the practice of storing products for years on would involve obvious disadvantages-imagine a coal-miner attempting to save enough coal, which of course is his product, to keep him for life. If wealth could not be saved, or only with great difficulty, future needs could not be provided for, or capital accumulated to raise productivity.
Using money as a medium of exchange means that______.
A.you have to sell something in order to buy something
B.you have to buy something in order to sell something
C.you don't have to buy something in order to sell something
D.the seller and the purchaser are the same person
A.we want to be healthy and strong
B.we want to enjoy our food
C.we want to eat more
D.we want to save time