|
Q14 to Q16
Although recent censure of corporate
boards of directors as “passive” and
“supine” may be excessive, those who
Line criticize board performance have plenty
(5) of substantive ammunition. Too many
corporate boards fail in their two crucial
responsibilities of overseeing long-term
company strategy and of selecting.
evaluating, and determining appropriate.
(10) compensation of top management. At
times, despite disappointing corporate
performance, compensation of chief
executive officers reaches indefensibly
high levels, Nevertheless, suggestions
(15) that the government should legislate board
reform are premature. There are ample
opportunities for boards themselves to
improve corporate performance.
Most corporate boards’ compensation
(20) committees focus primarily on peer-group
comparisons. They are content if the pay
of top executives approximates that of
the executives of competing firms with
comparable short-term earnings or even
(25) that of executives of competing firms of
comparable size. However, mimicking the
compensation policy of competitors for the
sake of parity means neglecting the value
of compensation as a means of stressing
(30) long-term performance. By tacitly detach-
ing executive compensation policy from
long-term performance, committees harm
their companies and the economy as a
whole. The committees must develop
(35) incentive compensation policies to empha-
size long-term performance. For example
a board’s compensation committee can, by
carefully proportioning straight salary and
such short-term and long-term incentives
(40) as stock options, encourage top manage-
ment to pursue a responsible strategy.
-------------------------------------------------------------------------------------------------------
Q14
According to the passage, the majority
of compensation committees put the great-
est emphasis on which of the following
when determining compensation for their
executives?
A. Long-term corporate performance
B. The threat of government regulation
C. Salaries paid to executives of com-
parable corporations
D. The probable effect the determination
will have on competitors
E. The probable effect the economic
climate will have on the company
answer:
-------------------------------------------------------------------------------------------------------
Q15
The passage suggests which of the follow-
ing about government legislation requiring
that corporate boards undergo reform?
A. Such legislation is likely to discourage
candidates from joining corporate
boards.
B. Such legislation is likely to lead to
reduced competition among com-
panies.
C. The performance of individual com-
panies would be affected by such
legislation to a greater extent than
would the economy as a whole.
D Such legislation would duplicate
initiatives already being made by
corporate boards to improve their
own performance.
E Corporate boards themselves could
act to make such legislation unnec-
essary.
Answer:
-------------------------------------------------------------------------------------------------------
Q16
Which of the following best describes the
organization of the passage?
A. A problem is acknowledged, the
causes are explored, and a solu-
tion is offered.
B. A question is raised, opposing points
of view are evaluated, and several
alternative answers are discussed.
C. A means of dealing with a problem is
proposed, and the manner in which
a solution was reached is explained.
D. A plan of action is advanced, and the
probable outcomes of that plan are
discussed.
E. Two competing theories are described
and then reconciled.
Answer: 這樣答案正確嘛?? | 
京公网安备11010202008513号 京ICP证101109号 京ICP备12012021号
发表于 2006-4-27 20:59:00
楼主
