The domestic economy seems to be overheating, with rapid economic growth and low unemployment. News has just been released that the monthly activity level is even higher than expected （）. This news le

A . lower B . higher C . smaller D . bigger

A . Point to point truck B . City to city truck C . Domestic intercity trucking D . Domestic transportation

A . manufacturing　 B . mining C . energy　 D . animal husbandry

A . The compressed air B . The compressing air C . The transfer pump D . The head tank

A．Y B．N C．NG

A．ordinary B．tame C．faithful D．hunting

A.hit the target of B.hit the target to C.hit target to D.hit target of

The most important development, however, is a non-event: the collapse of global capitalism has not occurred. Instead, the post-crisis world is likely to be even more market-oriented than the one that preceded it, with a proliferation of new rules and practices that will help markets to operate more smoothly. The countries recovering best, such as Thailand and South Korea, are doing so by moving further in a free-market direction. None of the affected nations has tried to isolate itself from the global economy, and the widely feared worldwide wave of protectionism has not yet materialized. Nor has there been the great rethinking of economic globalization that some feared and others advocated. The critics of global capitalism pounced on the crisis as proof of globalization's fatal flaws. Their analyses often concluded that "there must be something better." On the contrary, economists have taken free-market principles as the starting point for new ideas, not called them into question. There has been much criticism of the so-called Washington consensus—the traditional free-market orthodoxy that uniformly prescribes fiscal discipline, deregulation, and financial liberalization. Partly as a result of the crisis, a new consensus simply adds extra prescriptions—such as better financial supervision, labor market, etc.—to the list. It is an elaboration of the original consensus, not a new departure. Numerous studies also show that engagement in the global economy leads to higher growth and helps to reduce poverty in developing countries. Today's economic arguments are not over fundamental free-market policies, but what must be done to supplement them. Likewise, the efforts to devise a new "international financial architecture" in the wake of the crisis, due to continue during the spring meetings of the World Bank and the International Monetary Fund in Washington, will not involve rebuilding the system from scratch. The aim is to make incremental improvements in financial rules and practices that will oil the wheels of the market system, not to trade it in for a non-existent new model. What is the main idea of the first paragraph？ A．After the severe Asian Financial Crisis, the world economy began to recover. B．Asian Financial Crisis is as devastating as a neutron bomb and causes great damage. C．There are still direct and indirect impacts so that the economy cannot recover. D．The direct impact of Asian Financial Crisis has gone.

Twenty-five years ago, one in five US workers was employed by a Fortune 500 company. Today, the ratio has dropped to less than one in 10. Large companies are far less vertically integrated than they were in the past and rely more and more on outside suppliers to produce components and provide services. While big companies control ever larger flows of cash, they are exerting less and less direct control over actual business activity. They are, you might say, growing hollow. Even within large corporations, decisions are increasingly being pushed to lower levels. Workers are rewarded not for efficiently carrying out orders but for figuring out what needs to be done and doing it. Many large industrial companies have broken themselves up into numerous independent units that transact business with one another almost as if they were separate companies. What underlies this trend？ The answers lie in the basic economics of organizations. Business organizations are, in essence, mechanisms for co-ordination. They exist to guide the flow of work, materials, ideas and money, and the form. they take is strongly affected by the co-ordination technologies available. When it is cheaper to conduct transactions internally, within the bounds of a corporation, organizations grow larger, but when it is cheaper to conduct them externally, with independent entities in the open market, organizations stay small or shrink. The co-ordination technologies of the industrial era—the train and the telegraph, the car and the telephone, the mainframe. computer and the fax machine—made internal transactions not only possible but advantageous. Companies were able to manage large organizations centrally, which provided them with economies of scale in manufacturing, marketing, distribution and other activities. It made economic sense to control many different functions and businesses directly and to hire the legions of administrators and supervisors needed to manage them. Big was good. But with the introduction of powerful personal computers and broad electronic networks— the coordination technologies of the 21st century—the economic equation changes. Because information can be shared instantly and inexpensively among many people in many locations, the value of centralized decision-making and bureaucracy decreases. Individuals can manage themselves, co-ordinating their efforts through electronic links with other independent parties. Small becomes good. In one sense, the new co-ordination technologies enable us to return to the pre-industrial organizational model of small, autonomous businesses. But there is one crucial difference: electronic networks enable these microbusinesses to tap into the global reservoirs of information, expertise and financing that used to be available only to large companies. The small companies enjoy many of the benefits of the big without sacrificing the leanness, flexibility and creativity of the small. In the future, as communications technologies advance and networks become more efficient, the shift to e-lancing promises to accelerate. Should this happen, the dominant business organization of the future may not be a stable, permanent corporation but rather an elastic network that might sometimes exist for no more than a day or two. We will enter the age of the temporary company. Why does the author say "the big companies are growing hollow" ？

Ⅰ.Estimation of software development cost Ⅱ.Earn & Cost analysis of software development Ⅲ.Adjustment of software development progress A．Ⅲ only B．Ⅱ and Ⅲ C．Ⅰ and Ⅱ D．all

While three of them, including Lehman Brothers, take a dim view of the prospects for American shares, the other four have either marginally increased their allocations, or have maintained them at the same levels as in the previous quarter. Lehman Brothers seems to have decided that the prospect for German shares is better than it is for American ones. Its allocation for American equities dropped by seven percentage points, to 45% of its equity holdings; while its German share portfolio increased by six percentage points, to 11%. Lehman's share allocation to America has dropped, even as its overall equity holdings have increased. Daiwa and Standard Life are the other two that have cut back on American equities. But Credit Suisse continues to be a cheerleader for American shares. Following its ten percentage-point increase in the third quarter, the Swiss firm increased its exposure to American equities once again in the fourth quarter. Commerz International appears to share Credit Suisse's bullish outlook: its American equity holdings have increased by four percentage points, to 490. Julius Baer is extremely bullish on American equities, with 60% of its equity funds parked there. But the average American equity holdings, among our institutional investors dropped by a percentage point in the fourth quarter. British equities seem to have become attractive—all our investors have increased their allocations. Credit Suisse, which in the third quarter cut its investment in British shares, appears to have changed its mind. It has increased its allocation by four percentage points, taking the total to 9%. On the other hand, Japanese shares have been given the thumbs-down: all our investors save Julius Baer (unchanged) and Credit Suisse (slightly up) have moved funds out of Japanese equities. It is a relatively similar story for Japanese bonds, where everybody apart from Commerz International has either dropped their yen-denominated bond holdings, or kept them unchanged. Robeco Group seems decidedly bearish, for it has sharply, cut its allocation, from 24% to 15%. Lehman Brothers, appears to have got the timing right, by raising its allocation of dollar-denominated bonds in the fourth quarter. Its increase was followed by the Fed interest-rate cut on January 3rd. Will Lehman's bearish timing prove right for American shares, too？ Lehman Brothers______. A．has increased its equity and bond allocation in America B．pays less attention to the equity holdings because of the American economy's slowdown C．is pessimistic about the American prospect and cautious about its allocation D．is as bearish as other institutional investors

A．A.True B．B.False C．C.Not Mentioned

A．raised in the long run B．lowered in the long run C．unchanged in the long run D．raised in the short run but lowered in the long run