Decision on whether the message is right or wrong should at least come after ()what the message is.
A.putting out
B.turning out
C.working out
D.running out
C、working out
A.putting out
B.turning out
C.working out
D.running out
C、working out
I am not sure whether I can get any profit from the business, so I can't make a(n)______ decision abut what to do next.
A.exact
B.denied
C.sure
D.definite
According to the passage, jury must be ______.
A.an individual who works in a court
B.a number of people who work under the judge at a trial
C.a dozen people who decide whether someone on trial is guilty or not
D.eleven persons who are in a position to make final decision at a trial
1. Emotions play an important role during the negotiation, although their effect is being studied just().
A、at the beginning of negotiation practice
B、during the negotiation process
C、not long before
2. Negative emotions may()make concessions.
A、be helpful to
B、be harmful to
C、be nothing to
3. During negotiations, the decision as to whether or not to settle depends in part on emotional factors.()
A、totally
B、to some extend
C、completely not
4. Attaining concessions can be done()
A、only by negative emotions
B、only by positive emotions
C、by both negative and positive emotions
5. In different cultures, negotiators should use()strategies to show positive and negative emotions.
A、the same
B、different
C、no
A. gain tools
B. get an interview
C. make decision
D. become attractive
Production and sales from the new machine are expected to be 100,000 units per year. Each unit can be sold for $16 per unit and will incur variable costs of $11 per unit. Incremental fixed costs arising from the operation of the machine will be $160,000 per year.
Warden Co has an after-tax cost of capital of 11% which it uses as a discount rate in investment appraisal. The company pays profit tax one year in arrears at an annual rate of 30% per year. Capital allowances and inflation should be ignored.
Required:
(a) Calculate the net present value of investing in the new machine and advise whether the investment is financially acceptable. (7 marks)
(b) Calculate the internal rate of return of investing in the new machine and advise whether the investment is financially acceptable. (4 marks)
(c) (i) Explain briefly the meaning of the term ‘sensitivity analysis’ in the context of investment appraisal; (1 mark) (ii) Calculate the sensitivity of the investment in the new machine to a change in selling price and to a change in discount rate, and comment on your findings. (6 marks)
(d) Discuss the nature and causes of the problem of capital rationing in the context of investment appraisal, and explain how this problem can be overcome in reaching the optimal investment decision for a company. (7 marks)
After having assured their return journey,
the writer and his companion could concentrate
on collecting and film animals. Deciding to 【M1】______
enlist the help the local Indians, they made
their way to a nearby village, in which proved 【M2】______
to be a few dilapidated huts in a pleasant
valley. The Indians they found there worn 【M3】______
remnants of European clothes and had
obviously abandoned their traditional way
of life. They kept a few disease chickens 【M4】______
and skinny cattle instead of hunting for
their meat. The writer' s companion explained
that they were looking for birds and mammals,
particular armadillos, for which they would 【M5】______
pay well. Anyone who could show them inhabited
nests and holes, they have said, would be 【M6】______
well rewarded. The Indians were apathetic
and uncooperative. Noticing the absence of
biting insects, the writer asked whether
they had ever troubled by them, to which 【M7】______
the Indians replied by slowly shaking their
heads. The writer recognized that he 【M8】______
considered that having to live in such a hot,
humid atmosphere would no doubt have 【M9】______
made him lethargic too. The headman explained
the inconvenience of the villagers had, for
severe weeks previously, been contemplating 【M10】______
cutting down a particular tree and until a
decision on this matter was reached, no other
activity could possibly be considered.
【M1】
(1)What is the main idea of the passage?
A. Values are priorities that tell you how to spend your time.
B. Values help one decline a job promotion.
C. The values list helps one make clear and consistent decisions.
D. Values have limitations when making decisions.
(2)What is NOT TRUE about the benefit of understanding your own values?
A. You can spend more time with your family.
B. You will gain tremendous clarity and focus.
C. It improves the results you get in those truly important areas.
D. You can consult them whenever you need to make a key decision.
(3)Under what circumstance one may need to make a key decision?
A. Where can you have your dinner with your family?
B. When will you have an appointment with a friend?
C. How can you get a seat in a concert?
D. Should you accept the new job you've been offered?
(4)How can you know what is most important to you when making a key decision?
A. By consulting your best friend.
B. By checking the prioritization of values.
C. By finding some useful books in a library.
D. By searching what other people do online.
(5)What is the goal one should keep in mind when making a decision?
A. To get more money.
B. To have more time with family.
C. To fulfill the highest values.
D. To get promoted quickly.
【C1】
A.advances
B.transforms
C.overturns
D.reflects
Section B(2016年6月大学英语四级卷1真题及答案)
Directions: In this section, you are going to read a passage with ten statements attached to it. Each statement contains information given in one of the paragraphs. Identify the paragraph from which the information is derived. You may choose a paragraph more than once. Each paragraph is marked with a letter. Answer the questions by marking the corresponding letter on Answer Sheet 2.
Finding the Right Home—and Contentment, Too
[A] When your elderly relative needs to enter some sort of long-term care facility—a moment few parents or children approach without fear—what you would like is to have everything made clear.
[B] Does assisted living really mark a great improvement over a nursing home, or has the industry simply hired better interior designers? Are nursing homes as bad as people fear, or is that an out-moded stereotype(固定看法)? Can doing one's homework really steer families to the best places? It is genuinely hard to know.
[C] I am about to make things more complicated by suggesting that what kind of facility an older person lives in may matter less than we have assumed. And that the characteristics adult children look for when they begin the search are not necessarily the things that make a difference to the people who are going to move in. I am not talking about the quality of care, let me hastily add. Nobody flourishes in a gloomy environment with irresponsible staff and a poor safety record. But an accumulating body of research indicates that some distinctions between one type of elder care and another have little real bearing on how well residents do.
[D] The most recent of these studies, published in The journal of Applied Gerontology, surveyed 150 Connecticut residents of assisted living, nursing homes and smaller residential care homes (known in some states as board and care homes or adult care homes). Researchers from the University of Connecticut Health Center asked the residents a large number of questions about their quality of life, emotional well-being and social interaction, as well as about the quality of the facilities.
[E] “We thought we would see differences based on the housing types,” said the lead author of the study, Julie Robison, an associate professor of medicine at the university. A reasonable assumption—don't families struggle to avoid nursing homes and suffer real guilt if they can't?
[F] In the initial results, assisted living residents did paint the most positive picture. They were less likely to report symptoms of depression than those in the other facilities, for instance, and less likely to be bored or lonely. They scored higher on social interaction.
[G] But when the researchers plugged in a number of other variables, such differences disappeared. It is not the housing type, they found, that creates differences in residents' responses. “It is the characteristics of the specific environment they are in, combined with their own personal characteristics—how healthy they feel they are, their age and marital status,” Dr. Robison explained. Whether residents felt involved in the decision to move and how long they had lived there also proved significant.
[H] An elderly person who describes herself as in poor health, therefore, might be no less depressed in assisted living (even if her children preferred it) than in a nursing home. A person who bad input into where he would move and has had time to adapt to it might do as well in a nursing home as in a small residential care home, other factors being equal. It is an interaction between the person and the place, not the sort of place in itself, that leads to better or worse experiences. “You can't just say, ‘Let's put this person in a residential care home instead of a nursing home—she will be much better off,” Dr. Robison said. What matters, she added, “is a combination of what people bring in with them, and what they find there.”
[I] Such findings, which run counter to common sense, have surfaced before. In a multi-state study of assisted living, for instance, University of North Carolina researchers found that a host of variables—the facility's type, size or age; whether a chain owned it; how attractive the neighborhood was—had no significant relationship to how the residents fared in terms of illness, mental decline, hospitalizations or mortality. What mattered most was the residents' physical health and mental status. What people were like when they came in had greater consequence than what happened one they were there.
[J] As I was considering all this, a press release from a respected research firm crossed my desk, announcing that the five-star rating system that Medicare developed in 2008 to help families compare nursing home quality also has little relationship to how satisfied its residents or their family members are. As a matter of fact, consumers expressed higher satisfaction with the one-star facilities, the lowest rated, than with the five-star ones. (More on this study and the star ratings will appear in a subsequent post.)
[K] Before we collectively tear our hair out—how are we supposed to find our way in a landscape this confusing?—here is a thought from Dr. Philip Sloane, a geriatrician(老年病学专家)at the University of North Carolina:“In a way, that could be liberating for families.”
36. Many people feel guilty when they cannot find a place other than a nursing home for their parents.
37.Though it helps for children to investigate care facilities, involving their parents in the decision-making process may prove very important.
38.It is really difficult to tell if assisted living is better than a nursing home.
39.How a resident feels depends on an interaction between themselves and the care facility they live in.
40.The author thinks her friend made a rational decision in choosing a more hospitable place over an apparently elegant assisted living home.
41.The system Medicare developed to rate nursing home quality is of little help to finding a satisfactory place.
42.At first the researchers of the most recent study found residents in assisted living facilities gave higher scores on social interaction.
43.What kind of care facility old people live in may be less important than we think.
44.The findings of the latest research were similar to an earlier multi-state study of assisted living.
45.A resident's satisfaction with a care facility has much to do with whether they had participated in the decision to move in and how long they had stayed there.
The Biscuits division (Division B) and the Cakes division (Division C) are two divisions of a large, manufacturing company. Whilst both divisions operate in almost identical markets, each division operates separately as an investment centre. Each month, operating statements must be prepared by each division and these are used as a basis for performance measurement for the divisions.
Last month, senior management decided to recharge head office costs to the divisions. Consequently, each division is now going to be required to deduct a share of head office costs in its operating statement before arriving at ‘net profit’, which is then used to calculate return on investment (ROI). Prior to this, ROI has been calculated using controllable profit only. The company’s target ROI, however, remains unchanged at 20% per annum. For each of the last three months, Divisions B and C have maintained ROIs of 22% per annum and 23% per annum respectively, resulting in healthy bonuses being awarded to staff. The company has a cost of capital of 10%.
The budgeted operating statement for the month of July is shown below:
Required
(a) Calculate the expected annualised Return on Investment (ROI) using the new method as preferred by senior management, based on the above budgeted operating statements, for each of the divisions. (2 marks)
(b) The divisional managing directors are unhappy about the results produced by your calculations in (a) and have heard that a performance measure called ‘residual income’ may provide more information. Calculate the annualised residual income (RI) for each of the divisions, based on the net profit figures for the month of July. (3 marks)
(c) Discuss the expected performance of each of the two divisions, using both ROI and RI, and making any additional calculations deemed necessary. Conclude as to whether, in your opinion, the two divisions have performed well. (6 marks)
(d) Division B has now been offered an immediate opportunity to invest in new machinery at a cost of $2·12 million. The machinery is expected to have a useful economic life of four years, after which it could be sold for $200,000. Division B’s policy is to depreciate all of its machinery on a straight-line basis over the life of the asset. The machinery would be expected to expand Division B’s production capacity, resulting in an 8·5% increase in contribution per month.
Recalculate Division B’s expected annualised ROI and annualised RI, based on July’s budgeted operating statement after adjusting for the investment. State whether the managing director will be making a decision that is in the best interests of the company as a whole if ROI is used as the basis of the decision. (5 marks)
(e) Explain any behavioural problems that will result if the company’s senior management insist on using solely ROI, based on net profit rather than controllable profit, to assess divisional performance and reward staff. (4 marks)