商务英语阅读(第二版)-王关富-Unit7-Can-Detroit-Be-Retooled-before-it's-too-late-课后答案

Unit7CanDetroitBeRetooled—BeforeIt'sTooLate?ExercisesAnswerthequestionsonthetext: whatistheproblemthewould-becarbuyersmayfaceaccordingtoRodBuscher,CEOofSummitAutomotivePartnersinDenver?Thewould-bebuyerslackeithertheincomeortheaccesstocreditthatwouldallowthemtodriveanewcaroffthelot. WhyisGMsaidtohaveastarkandsteepjobtodowhenthePresident’sautotaskforcepresentedtheto-dolist?AccordingtothelistGMhasto shrinklaborcosts,includingretireehealth-careexpenses;slashdebt;killorselllow-performingbrands;andreducethenumberofmodelsforsaleandthenumberofdealerssellingthem.ShouldallthepartiesconcernedfailtoaccomplishthatbythedeadlineofJune1,GMmaygointobankcruptcy.HowcanU.S.automakerstakeadvantageofthecomingcarboom?Companiesthatcanmeetconsumers'needsforfuel-efficientyetstylishcarsandthathaveflexiblemanufacturingplantstoturnoutthehotproductsondemand—arelikelytofindhugeopportunitiesforgrowthinthecomingboom.WhatdoestheWhiteHouse’sauto-task-forceworkinggroupplantodowithChrysler?ItplanstoclosethedealonChrysler'ssaletoFiat.RonBloom,oneheadofthegroup,hastakentheleadintryingtonegotiatethesaleof20%(atleastinitially)ofChryslertoFiat. WhatisVEBAapproachtosolveGM’sproblemofretireehealthpensionbenefits?InaVEBA,theunionagreestoacceptacashpaymenttofundanewhealth-caresystemthattrusteesadminister,thustakingfutureliabilitiesoffthecompany'sbooks.WhydoestheUAWfeelparticularlyaggrievedaboutthetaskforce'sapproach?Becauseithasagreedtoanunendingseriesofgivebacksoverthepast20years.Evenbeforethislatest crisis,theUAW’sagreementtothe2007contractwouldhaveputDetroit'slaborcostpercarwithinacoupleofhundreddollarsofandtheotherforeignautomakers’.Whyareanalystssooptimisticaboutthefuturecarsales?BecauseAmericanshavebeenputtingoffbuyingcarsfornearlytwoyearsandshowroomtrafficisincreasing,whichmeanspent-updemandisbuilding.Theprospectofcarsalesissuretobegreatwhencreditstartstoloosenashistoryindicates.WhataretheelementsthatmakeanalystsbelieveNorthAmericandemandforcarswillapproach16millionunitswithinfiveyearsfromtheyear2009?Theelementsincludethereplacementdemand,scrappagerates,demographicchangesandaneconomicrecovery.WhatarethecompetitiveGMbrandsmentenedinthepassage?Theyareaward-winningChevyMalibuandthe2009BuickLaCrosse,whichrecentlytoppedallmidsizecompetitorsindependabilityratings.WhatcompetitionwilltheUScarindustryfaceinthenearfuture?TheUScarindustrywillhavetowinmillionsofbuyersrecognitionfortheirbrands,andtrytoplaybetterinthecompetitionwithcompaniesinAsia,suchasChina'sCheryAutomobileandIndia'sTataMotors,aswellastheestablishedplayerslikeVolkswagenandHyundai-Kia.Fillineachblankofthefollowingsentenceswithoneofthephrasesinthelistgivenbelow:Withhisexpandingwirelessbroadbandplan,Obamawantstousherintothe'DigitalAge'.Schoolactivitiesstartwinding down abouttwoweeksbeforetheendsemester.Themansaidhecouldn'tcomeupwithanappropriateanswerjustatthetime.Everybodyissurethattheceaselessdrippingofwaterwillintheend hollowoutastone.Theprogressivemovement,whichhadalreadybroughtimportantchangesfederalpolicies,stoodonthevergeofculminationandfulfillmentThestatehassufferedsomuchloss.Thesmugglersshouldneverbeallowedtogetoffeasy. Afterproductionexpansion,thiscompanynowcanturnoutamilliontelevisionsetsamonth. Thepreeminentwriter'spersonalappearancepickedupthesalesoftheconsiderablyThenewlyannouncedcreditpolicymayhelpmanyfamily-ownedbusinesses throughthetoughtimesatpresent..Thegovernmenthasimposeddrasticeconomiccontrolstochokeoffinflation.Toexecutefull-costaccounting,companiesmustaccountforthetruecostofproducts.Economistsarenotsooptimisticbecausethereisnosignthattherecession bottomedout.MatchthetermsincolumnAwiththeexplanationsincolumnB: A B bondholder a)Ameasureofacompany'sfinancialequalscashreceiptsminuscashpaymentsoveragivenperiodoftime.6creditor b)Afinancialassetwhosevaluehasfallensignificantlyandwhichfailsgenerateandisworthmuchlessthanexpected.7dealership c)Anentity(personorinstitution)thatextendscreditbygivinganotherentitypermissiontoborrowmoneyifitispaidbackatalaterdate.2health-careexpenses d) Aunitspeciallyorganizedtoworkonasingledefinedtask10manufacturingcapacity e)Abusinesscompanythatisownedorcontrolledbyanotherlargercompany9netcashflow f)Apersonowningabondorbondsissuedbygovernmentorapubliccompany1badasset g)Moneyusedforthepreservationofmentalandphysicalhealthbypreventingortreatingthroughservicesofferedbythehealthprofession4hotproducts h)Volumeofproductsorservicesthatcanbegeneratedbyaproductionplantorenterpriseagivenperiodbyusingcurrentresources.5subsidiary# i)Abusinessestablishedoroperatedunderanauthorizationtosellordistributeagoodsorserviceinaparticulararea3taskforce j)Productsthatareextremelypopulousamongconsumersandnormallyselllikehotcakesthemarket.8TranslatethefollowingintoChinese:凭借这股势头，现代集团正加快从生产线上推出新车型的速度。美国的消费者在122011这是因为现代公司以超凡的速度提前了生产进程。汽车厂商通常不愿干扰工厂的生产计划，因为那样做会影响零部件供应链，9308320040%。43GlobalInsight年历史的福特公司（财富500强企业）晋升至第四位。几年前，丰田公司曾认为现代是它最惧怕的公司，如今所有的忧虑已成为噩梦。580650200952019864995（Excel）126第二年，现代提出了“概念车”的口号，售出264竟不值尚未偿还的贷款。Fillineachofthefollowinggapswithoneofthesentencesgivenbelow:What'swrongwithToyota?Notmuch.Atleastnotfromanengineering,mechanicalorevenapointofview.Tocreateamoderncar,acompanyhastodesign,engineer,build,buythenassemblesome10,000parts.Thoughthoseareerrorsthatwillcostitmorethan$2billioninrepairslostsalesthisyear.Althoughtherecallsseemedsudden,theevidencehasbeenpilingup.ThatwasfollowedbythefirstofseveralNationalHighwayTrafficAdministration(NHTSA)investigations,in2003,andtwosmallrecalls2005and2007.SupplementaryReadingReadingcomprehensionquestions:WhatdoesJamesGorman,thenewchiefexetutive,trytodotoreshapeStanleyafterthecrisis? TrytogetgovernmenthelpandsometimelyinvestmentsfromAsia.Trytoundomuchofthefirm’spre-crisisexpansion.∨Firemorepeopletocontrolcosts.Makemoremergersandacquisitionsintheworldmarket.WhoisMorganStanley’smainrival?SmithBarneyCLSAAgriculturalBankofChinaGoldmanSachs∨WhichofthefollowingstatementabouttheSmithBarneydealistrue? Afteragoodfirsthalfoftheyear,thefirmmadeprofitsofonly$313m,downalmost$1billionayearearlier.Thedealmadenodifferencetothetroubledsituation.ItmadeMorganStanleyasuperiorpositioninretailbrokerage.∨Itwasparticularlydisappointingbecauseitsrevenuesslumpedtothelowestearly2009.WhatisnottheprobleminMorganStanleySmithBarney(MSSB)accordingtopassage? Thereisalotofmoneytobemade.∨Alotofleadingperformersleftafterthemerger.Thebrokers’compensationratiowastoohigh.Therewasafearoflosingmoretalent.Whatdoesthesentence “Itwouldtakeanuclearweapontosinkabrandasstrongastheirsintraditionalinvestmentbanking.”suggest? MorganStanleyispopularwithgovernmentslookingtosellshares.MorganStanley’snear-deathexperienceandearlierturmoilarecontroversial.MorganStanleyhasbeeninfamoussincetheturmoil.MorganStanley’sreputationhasremainedstrong.∨IsiteasyforMorganStanleytochangethesituationfromanalso-rantoavictorfixedincome? Sureitis.Itstillneedsalongwaytogo.∨It’shardtosay.D.It’sa