A major problem with a fixed exchange rate system is that when countries run foreign trade
A.there is no self-correcting mechanism
B.currency values become unstable
C.the value of the reserve currency declines
D.world inflation increases
A.there is no self-correcting mechanism
B.currency values become unstable
C.the value of the reserve currency declines
D.world inflation increases
A.The root account must be in order to utilize programs set this way
B.These permission in a program in a program can temporarily grant root privileges to anyone
C.SUID programs are not removed immediately from the swap/paging area, which results in a clear security risk
D.The SGID is a clear violation of good security practice and is only used as a result of the SUID
that its residents are very concerned with various forms of antisocial behaviour and minor crimes carried out by a
small number of people, which makes living, working, travelling and socialising in the city centre unpleasant rather
than life threatening. The city’s residents have recently voted for it being one of the five worst cities in the UK in which
to live. There is little or no contact between the police and these residents.
The city is split into a number of police districts, each with its own senior officer in charge. Their focus is on the
response to emergency calls and solving serious crimes in their district rather than the less urgent crimes affecting
everyday living in the city. Response times and serious crime solution rates are the traditional measures by which their
performance is measured and leave them open to criticism of simply reacting to events. There is little sense of being
part of a city police force and, consequently, little sharing of information and experience between the different districts.
The failure in policing antisocial behaviour in the city is seen as being largely the result of a shortage of resources.
There are also important internal and external groups varying in their support or resistance to any necessary change
in policing strategy. Key players include the mayor of the city anxious to improve the reputation of the city, the city’s
press, traditionally used to highlighting police failures rather than successes and finally the courts of justice, which
are reluctant to take on the increased workload that any moves towards reducing antisocial behaviour would produce.
John is aware of the complexity of the problem he faces in changing the way the city is policed to improve the quality
of life of its citizens. He has, however, an impressive track record as a change agent in previous appointments and is
confident that he can bring about the necessary change.
Required:
(a) Using change management models where appropriate, provide John with a brief report on the nature of
change needed in the way the city is policed in order to improve the city’s quality of life. (12 marks)
The government managed to host the 2008 games. The general aim is for Beijing to have the same environmental standards as Paris, London or Washington by 2008.
Hundreds of millions o1' dollars will be spent to pipe natural gas to the city's homes, taking away dirty coal burning gradually while 60,000 buses will be changed to liquefied gas.
The money will also be used for relocating the polluting factories and building green belts. By 2008 around 90 percent of Beijing's waste will be treated, compared to only 40 percent at present.
Olympic officials realize the city has a long way to go to match the environmental standards of such cities as Paris, Toronto, Istanbul and Osaka.
City officials have already announced that around 50 large projects are being dealt with to improve traffic congestion (拥挤)and cut down pollution. They include construction of Beijing's first light railway, a 40.5-kilometer line which is expected to be completed in 2005.
Beijing plans to build an 82.55-kilometer-long subway to add to existing 53 kilometers. Nine major roads will be rebuilt or widened.
Beijing also plans to build a 70-meter-wide green belt along the waterways to protect water quality as well as increase the green areas.
The government will pipe natural gas to the city's homes in order to ______.
A.solve the problem of being short of fuel
B.bring down the cost of daily life
C.reduce the pollution of our capital
D.keep up with the development of modern society
Mountain climbers around the world dream about going up Mountain Everest (珠穆朗玛峰) . It is the highest mountain in the world. But many people who have climbed the mountain have left waste material that is harming the environment.
A team of Americans is planning the largest clean-up effort ever on Mountain Everest. They will make the risky trip up the mountain next month.
The team of eight Americans will be guided by more than twenty Sherpas of Nepal (尼泊尔夏尔巴人).Their goal is to remove all the trash they see. They will spend two months cleaning up the mountain by gathering oxygen bottles, fuel containers, batteries, drink cans, human waste and other kinds of trash. They are expected to remove at least three tons of trash in large bags.
Team leader Robert Hoffman is making his fourth trip up the mountain. He says he hopes to bring Everest to the condition it was in before the first successful climb fifty years ago. He says he hopes the effort will influence other people to clean up the environment closer home.
Human waste on Everest is a major concern. So the clean-up team will take along newly development equipment to collect and treat human waste. Over the years, the waste articles have polluted the mountain. In the warm season when the ice melts, the polluted water flows to Nepali villages below. The problem has gotten worse in recent years because climbing Everest has become more popular.
When those Americans are planning the trip up Mountain Everest, they are concerned about______.
A.the success in climbing up the mountain
B.the environment pollution of the mountain
C.the equipment for their trip to the mountain
D.the risks facing the mountain climbers
It is sometimes assumed that personal interviewing is the most accurate of all survey research techniques. Although personal interviewing may be accurate in many cases, human errors may prevent a researcher from obtaining valid results. Questions perceived by the interviewee as an invasion of privacy or threatening in any way will probably produce false or partially true answers. Also, since the interviewer must interpret the respondent's statements, a certain amount of information lose results even though the respondent may be answering truthfully.
In spite of the problems, at least two major advantages are provided by this research technique. First, the alert interviewer can generally tell if the respondent is being truthful or if he or she is giving superficial or untrue responses. Second, the interviewer can rephrase questions, give more explanation, or probe more deeply if the initial questions do not produce the information desired. As a result, the information gleaned should be more accurate than that provided by interviews where no one is present to clarify questions or to interpret answers.
It can be concluded from the passage that when all the people to be interviewed are located in a relatively big geographical area______.
A.personal interviewing is most effective
B.personal interviewing is economically impractical
C.personal interviewing is the only technique to get information
D.telephone interviewing may not be used
根据以下内容回答题,
There was one thought that air pollution affected only the area immediately around large cities with factories and heavy automobile traffic.At present,we realize that although these are the.areas with the worst air pollution,the problem is literally worldWide.On several occasions over the past decade,a heavy cloud of air pollution has covered the east of the United States and brought health warnings in rural areas away from any major concentration of manufacturing and automobile tmmc.In fact,the very climate of the entire earth may be infected by air poilu-tion.Some scientists consider that the increasing concentration of carbon dioxide in the air resulting from the burning of fossil fuels(coal and oil)is creating a“greenhouse effect”——con-serving heat refleeted from the earth and raising the world’S average temperature.If this view is correct and the worid’s temperature is raised only a few degrees,much of the polar ice cap will melt and cities such as New York,Boston,Miami,and New Orleans will be in water. Another view.1ess widely held,is that increasing particular matter in the atmosphere is blocking sunlight and lowering the earth’s temperature——a result that would be equally disas-trous.A drop of just a few degrees could create something close to a new ice age,and would make agriculture difficult or impossible in many of our top fanning areas.Today we do not know for sure that either of these conditions will happen(though one recent government report drafted bv experts in the field concluded that the greenhouse effect is#cry possible).Perhaps,if we are lucky enough,the two tendencies will offset each other and the world’s temperature will stay about the same as it is now.
As Dointed out at the beginning of the passage,people used to think that air pollution__________ .
A.caused widespread damage in the countryside
B.affected the entire eastern half of the United States
C.had a damaging effect on health
D.existed merely in urban and industries areas
(77) Another view, less widely held, is that increasing particular matter in the atmosphere is blocking sunlight and lowering the earth' s temperature—a result that would be equally disastrous. A drop of just a few degrees could create something close to a new ice age, and would make agriculture difficult or impossible in many of our top fanning areas. Today we do not know for sure that either of these conditions will happen (though one recent government report drafted by experts in the field concluded that the greenhouse effect is very possible). Perhaps, if we are lucky enough, the two tendencies will offset each other and the world' s temperature will stay about the same as it is now.
As pointed out at the beginning of the passage, people used to think that air pollution ______.
A.caused widespread damage in the countryside
B.affected the entire eastern half of the United States
C.had damaging effect on health
D.existed merely in urban and industries areas
A.a natural course which is to some degree helpful to us
B.the way.in which gases are used for keeping plants warm
C.the way“greenhouse gases”trap heat on the earth
D.the whole course in which greenhouse gases prevent heat
1 The board of Worldwide Minerals (WM) was meeting for the last monthly meeting before the publication of the yearend
results. There were two points of discussion on the agenda. First was the discussion of the year-end results;
second was the crucial latest minerals reserves report.
WM is a large listed multinational company that deals with natural minerals that are extracted from the ground,
processed and sold to a wide range of industrial and construction companies. In order to maintain a consistent supply
of minerals into its principal markets, an essential part of WM’s business strategy is the seeking out of new sources
and the measurement of known reserves. Investment analysts have often pointed out that WM’s value rests principally
upon the accuracy of its reserve reports as these are the best indicators of future cash flows and earnings. In order to
support this key part of its strategy, WM has a large and well-funded geological survey department which, according
to the company website, contains ‘some of the world’s best geologists and minerals scientists’. In its investor relations
literature, the company claims that:
‘our experts search the earth for mineral reserves and once located, they are carefully measured so that the company
can always report on known reserves. This knowledge underpins market confidence and keeps our customers
supplied with the inventory they need. You can trust our reserve reports – our reputation depends on it!’
At the board meeting, the head of the geological survey department, Ranjana Tyler, reported that there was a problem
with the latest report because one of the major reserve figures had recently been found to be wrong. The mineral in
question, mallerite, was WM’s largest mineral in volume terms and Ranjana explained that the mallerite reserves in
a deep mine in a certain part of the world had been significantly overestimated. She explained that, based on the
interim minerals report, the stock market analysts were expecting WM to announce known mallerite reserves of
4·8 billion tonnes. The actual figure was closer to 2·4 billion tonnes. It was agreed that this difference was sufficient
to affect WM’s market value, despite the otherwise good results for the past year. Vanda Monroe, the finance director,
said that the share price reflects market confidence in future earnings. She said that an announcement of an incorrect
estimation like that for mallerite would cause a reduction in share value. More importantly for WM itself, however, it
could undermine confidence in the geological survey department. All agreed that as this was strategically important
for the company, it was a top priority to deal with this problem.
Ranjana explained how the situation had arisen. The major mallerite mine was in a country new to WM’s operations.
The WM engineer at the mine said it was difficult to deal with some local people because, according to the engineer,
‘they didn’t like to give us bad news’. The engineer explained that when the mine was found to be smaller than
originally thought, he was not told until it was too late to reduce the price paid for the mine. This was embarrassing
and it was agreed that it would affect market confidence in WM if it was made public.
The board discussed the options open to it. The chairman, who was also a qualified accountant, was Tim Blake. He
began by expressing serious concern about the overestimation and then invited the board to express views freely. Gary
Howells, the operations director, said that because disclosing the error to the market would be so damaging, it might
be best to keep it a secret and hope that new reserves can be found in the near future that will make up for the
shortfall. He said that it was unlikely that this concealment would be found out as shareholders trusted WM and they
had many years of good investor relations to draw on. Vanda Monroe, the finance director, reminded the board that
the company was bound to certain standards of truthfulness and transparency by its stock market listing. She pointed
out that they were constrained by codes of governance and ethics by the stock market and that colleagues should be
aware that WM would be in technical breach of these if the incorrect estimation was concealed from investors. Finally,
Martin Chan, the human resources director, said that the error should be disclosed to the investors because he would
not want to be deceived if he were an outside investor in the company. He argued that whatever the governance codes
said and whatever the cost in terms of reputation and market value, WM should admit its error and cope with
whatever consequences arose. The WM board contains three non-executive directors and their views were also
invited.
At the preliminary results presentation some time later, one analyst, Christina Gonzales, who had become aware of
the mallerite problem, asked about internal audit and control systems, and whether they were adequate in such a
reserve-sensitive industry. WM’s chairman, Tim Blake, said that he intended to write a letter to all investors and
analysts in the light of the mallerite problem which he hoped would address some of the issues that Miss Gonzales
had raised.
Required:
(a) Define ‘transparency’ and evaluate its importance as an underlying principle in corporate governance and in
relevant and reliable financial reporting. Your answer should refer to the case as appropriate. (10 marks)