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
275
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.
Which is NOT seen as a benefit of a corporation?
选项
A、To enable the company to retain ambitious staff.
B、To back up the company’s acquisition.
C、To give units access to finance.
D、To add long-term value to company’s performance.
答案
D
解析
细节判断题。由benefit of a corporation定位到第6段。本段首句阐述了集团企业的一个优势就是可减少有志向的员工的流失,第4句举例说明集团能够为下属公司收购别的公司提供帮助;最后一句话强调这种收购体现集团公司容易筹集资金的优势,A、B、C项提到了这三点,而D项“可增强公司长期的价值”并没有在本段提到。
转载请注明原文地址:https://www.kaotiyun.com/show/hLZO777K
0
专业英语八级
相关试题推荐
Whichofthefollowingminoritygroupenjoytheworstsocialandeconomicconditions?
OralPresentationOneofthewaysthatteachersusetoinvolvetheirstudentsmoreactivelyinthelearningprocessis(1)_____
NewEducationalTechnology:ChallengesandPotentialI.Thecriticismofcomputersandmultimediatechnology—A(1)_____ofunders
AHealthyMixofReading,WritingandTechnologyTechnologyhasinfluencedstudents’learninginthefollowingaspects;I.About
美国的传统节日,有不少是我这个东方人从未经历过,甚至闻所未闻的。刚到美国,我去一所成人学校读英语。一脚跨进教室,就见一位碧眼女郎飞步迎来,献上一张心形卡片。上面赫然写着:“我喜欢你!”我不禁愕然。纵然“一见钟情”,也没有如此神速的!岂料又有一位金
Massivechangesinalloftheworld’sdeeplycherishedsportinghabitsareunderway.Whetherit’soneofLondon’sparksfullof
CreativeWritingI.IntroductionofcreativewritingA.Definition:productionofaesthetictextsB.Form:1.mostlypoemsors
Thoseharboringdoubtsaboutmicro-bloggingshouldnowbeconvincedthatmicroblogscanplayanineffective(1)______roleinm
PeteSamprasstartedplayingtennisyoungandmakesnoplanstostopanytimesoon.Themanwhohasacalmdemeanor,boyishshyne
JapanbombedPearlHarborin______.
随机试题
在婴儿饮食中添加果汁、菜汤及鱼肝油滴剂的适宜时间是( )。
急性胰腺炎最不常见的临床表现
A.原发性腹膜炎B.盆腔脓肿C.继发性腹膜炎D.出血性腹膜炎E.慢性腹膜炎阑尾切除术后8天,下腹坠胀不适,每天大便20次左右,大便带有黏液直肠指检,直肠前壁扪及触痛性肿块
下列不属于施工总承包特点的有()
实行施工总承包的建设工程在施工过程中发生了安全事故,应由()负责向有关主管部门报告。
认识人民警察的性质是确定公安机关职能、任务、职权等问题的重要依据。()
公文标题中除法规、规章名称加书名号外,一般不用标点符号。()
从装满100克浓度为80%的盐水杯中倒40克盐水,再倒入清水将杯倒满,这样反复三次后,杯中盐水的浓度是多少?
下列叙述中正确的是()。
Whatwouldthemanhave?
最新回复
(
0
)