专业英语Chapter1.ppt

The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin Financial they call themselves realists will tell you that there is no such thing as a true merger. There is the pursuer and the pursued, the predator（捕食者） and the prey（牺牲者）. To put it politely, theres always a dominant partner in every corporate deal, even if its styled as a merger. In todays programme, we identify Europes top takeover targets. Quantitative analysis will lead us to a consideration of capital performance, cash reserves and debt. The qualitative aspect is essentially the word on the street. The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin continued lThe merger and acquisitions departments（购并 部门） of Europes banking community are rubbing their hands with glee（欢快） at the prospect of some major cross-border deals at last. They are, of course, hoping to drum up（竭力争取 ） some business, and they may just well be right. But one thing is certain, Europe needs some cross-border activity. Scaling up（按比例增加） is a necessity if Europes big businesses are to compete with their US counterparts on a global basis. The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin Extract two lM: So for me setting up as an accountant, an existing software package thats been tailored(定制） to my particular needs would be a good investment, wouldnt it? lF: Well Id advise against it. Of course, specifying and designing the program takes time, but this may or may not be a problem for you. The major drawback, though, is that while the original product goes through a series of trials, to ensure that it does the job its setting out to do, this isnt the case with the tailored elements of the package. Something else to consider is that you probably wont get specific training materials with the tailored elements, though I understand youre sufficiently computer-literate to cope with that. The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin Con. lM: But surely if you pay enough lF: Youre assuming that the producer is willing to modify the software to meet your specific requirements when actually its in their interest to sell a standard product. It isnt so much a question of the profit margin on the tailored software: they have to consider the problems of ensuring that future upgrades work properly in your system because theyre trying to reduce the number of versions they support, not increase them. The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin Discussion topic 1 lWhat kind of qualities do you think a good laccountant needs? lHow important is it for people to know English in your area of work/study? lWhat are the career prospects