| Federal Reserve Board Chairman Alan
Greenspan laid forth the intellectual basis for the likely continued aggressive
easing in monetary policy in the weeks ahead in his semi-annual monetary policy
report to Congress. The broader point in his prepared testimony is that the improved information and production controls evident in the new economy induce companies to respond more quickly and in tandem to changes in their business. Mistakes are still made as is evidenced by the unwanted buildup of inventories at the end of last year, but any mistakes are more aggressively addressed than in the past, as is evidenced by manufacturers’ recent slashing of production. Moreover, the increasingly dramatic shifts in economic activity are particularly hard on confidence. Consumers and businesses literally freeze up due to the heightened uncertainty, and run from any A. Greenspan’s Testimony. B. A New Economy. C. New Monetary Policy. D. A Confidence Builder. [单项选择]CHAIRMAN’S STATEMENT
Despite the appearance of a new competitor on the market the company continued to grow and increase its market share throughout 2006. Partly in response to this new threat but. more importantly, as part of a strategy for growth, several key decisions were taken this year. The most significant new developments included a range of vitamin-rich children’s drinks and low calorie diet drinks, which both proved very popular. The company is still best known for its range of refreshing fruit drinks and. not surprisingly, these were our biggest sellers once more. There were two new additions to the range last year, "Joyful" and "Refresh", both of which have a distinctive Caribbean flavour. The first sales figures suggest that our expensive TV advertising campaign was very successful and that these products will soon be as popular as the rest of the fruit drink range. Growth in the keep-fit and health markets meant our energy drinks did well in 20 A. It laced increased competition. B. It wanted to enter new markets. C. It initiated a policy of expansion. [简答题]
Bill Gates, the billionaire Microsoft chairman without a single earned university degree, is by his success raising new doubts about the worth of the business world’s favorite academic title: the MBA (Master of Business Administration) . 我来回答: 提交
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