BEC剑桥商务英语(高级)3及答案解析.doc
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1、BEC 剑桥商务英语(高级)3 及答案解析(总分:19.96,做题时间:149 分钟)一、SECTION 1 (Question(总题数:1,分数:1.00)A All too often, many firms proceed into an alliance relationship without sufficiently planning and/or negotiating the key parameters of the relationship. Defining the legal framework of the alliance is only the beginning
2、 of the kind of comprehensive planning that is needed to ensure a workable relationship. Successful alliance planning goes beyond the partners initial agreement on the choice of alliance vehicle (e.g. cross-licensing, technology development pact, joint venture, equity sharing). B Successful alliance
3、 planning not only includes the usual details of plant location, cost sharing, market share gains and other economic criteria, but also the approaches that facilitate creating new knowledge and other technological synergies. Senior management needs to communicate the alliances shared goals with all
4、key middle managers and technical staff to discuss ways to develop a win-win relationship. Senior management also needs to convey the message that close cooperation could unintentionally expose and leak the firms core competencies in ways that could ultimately damage the firms long-term competitiven
5、ess. These same managers and technical staff need to know at the planning stage which technologies, competencies or proprietary processes should be protected from excessive demands from the partner. C Managers often herald the consummation of an alliance agreement as the final outcome of intensive n
6、egotiations between the partners. For many types of strategic alliances (e.g. technology development pacts, joint ventures, consortia), however, the legal negotiations represent only the beginning of a long series of ongoing, continuous negotiations that actually take place once alliance operations
7、commence. The finer details of the alliances framework entail continuous negotiations with the partner. Even after both parties agree to the broad (and immediate) goals and objectives of the relationship, smooth accommodation of managers and practices from different partners is directly related to h
8、ow well managers can negotiate the uncertainties and the complexities of day-to-day activities that cannot be pre-specified in a legal document. D Smooth implementation to facilitate learning requires all levels of management to work on developing “alliance protocols“ that enable careful knowledge c
9、reation and sharing among the partners. In their simplest form, alliance protocols represent the communication channels by which the alliances managers and technical staffs share technologies, skills and managerial acumen. Jointly developing and agreeing to these protocols early on is important to m
10、aintaining a balanced relationship, whereby neither partner feels that their contributions or opportunities to learn from the other are neglected or undervalued. Protocols are instrumental in setting up the mental “parameters“ that limit what partners can ask from one another in terms of what consti
11、tute proprietary vs. non-proprietary technologies or processes. Protocols provide an “invisible fence“ that defines the boundaries between cooperation and competition. E Strategic alliances can help firms transform their core businesses and activities by helping management secure access to new techn
12、ologies, insights and skills that other firms may possess. Alliances enable firms to jointly develop new products and processes, the costs of which are often beyond the financial and human resources of any firm. Strategic alliances can also help firms divest themselves of non-core business units or
13、activities that are costly to retain. In non-core businesses, alliances can help reduce the cost of industry exit and corporate restructuring. 0. It is rewarding for firms to form the alliance relationship with others. (E) (分数:0.96)(1).Senior management needs to pay much attention to its words and a
14、ctions in communication.(分数:0.12)A.B.C.D.(2).Negotiation of alliance between partners is a long and complex process.(分数:0.12)A.B.C.D.(3).Many firms stop at the first stage of successful alliance planning.(分数:0.12)A.B.C.D.(4).The extent to which an activity or business is considered core or non-core
15、will play a significant role in how senior management will seek to use alliances in fostering learning.(分数:0.12)A.B.C.D.E.(5).A good beginning of a negotiation doesnt mean a good ending.(分数:0.12)A.B.C.D.(6).Strategic alliance may bring negative effects to firms if not properly managed.(分数:0.12)A.B.C
16、.D.(7).Learning from allied firms is limited to some extent in order to maintain a balanced relationship.(分数:0.12)A.B.C.D.E.F.G.H.(8).All key parameters of an alliance relationship have to be planned comprehensively.(分数:0.12)A.B.C.D.二、SECTION 2 (Question(总题数:1,分数:1.00)In an uncertain economic enviro
17、nment, top management will be interested in asset management and flow management. (0) . They can represent over 50 percent of manufactures total asset, and more than 80 percent of wholesalers and retailers total assets. When top management mandates a reduction in accounts receivable and/or inventori
18、es, its objective is to improve cash flow and reduce the companys investment in assets. (9). But reduction in the terms of sale, or even enforcement of the stated terms of sale, in effect changes tile price component of the firms marketing mix. (10). The arbitrary reduction of accounts receivable an
19、d/or inventories in the absence of technological change or changes in the logistics system can have a devastating impact on corporate profit performance. (11). First, the change alters the manufacturers price and therefore the competitive position of its products, which may lead to decreased sales.
20、Second, it further complicates the cash flow problems of the manufacturers customers. Forcing faster payment of invoices causes channel members to improve their cash flow by reducing their inventories of the manufacturers products. (12). This situation may also result in stock-out of the manufacture
21、rs products as the wholesale or retail level of the channel, further reducing sales volume. Similarly, a manufacturers policy of arbitrarily reducing inventory level to increase inventory sums, in the absence of a system change, may escalate transportation costs and/or production setup costs as the
22、logistics system scrambles to achieve the specified customer service levels with lower inventories (assuming the company was efficiently and effectively distributing products prior to the policy change). (13). In this case, customer service levels would be eroded, and a decrease in market share migh
23、t result. (14). A. However, if management concentrates on system changes that improve logistics efficiency and/or effectiveness, it may be able to satisfy all of the firms objectives. B. Usually, management assumes that revenues and other costs will remain the same. C. They do so by placing smaller,
24、 more frequent orders, which may increase total logistics cost for both the manufacturer and its customers. D. In either set of circumstances, the increased cost of transportation and/or production or the lost sales contribution could far exceed the savings in inventory carrying cost. E. If a manufa
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