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[单选题]
Our company maintains a collaborative culture _________ workers are encouraged to be a part of a group.
A.of which
B.on which
C.in which
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题目内容
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A.of which
B.on which
C.in which
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更多“Our company maintains a collab…”相关的问题
A.not a mental process
B.more of a physical process than a mental action
C.a process that involves our entire bodies
D.a process that involves the muscles as well as the brain
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)
— ()
A.Our company is very large.
B.Our company specializes in flood-proof development.
C.Our company is located in Beijing.
Our company has wide experience () the textiles line.
A. on
B. Iin
C. about
D. of
The foreigners once ______their products to our company at a ______higher price.
A. sent, very
B. lent, still
C. sold, much
D. showed, more
It is just as well that Mr Smith was delegated (委派) to our company for guidance work，or our company would have ______ defeat.
A.suffered
B.lacked
C.encountered
D.comanded
—Hi, Li Ming.().
Our company's service is ______ in nearly 80 countries around the world.
A．available
B．natural
C．relative
D．careful
Effective interpersonal communication【C6】______ our sensitivity to others and to the situation. One goal of effective interpersonal communication is to maintain relationships, and forming【C7】______ messages that accurately convey oar ideas and feelings【C8】______ not offending the other person is key【C9】______ our success.
Effective interpersonal communication【C10】______ us. People who can clearly express their ideas, beliefs, and opinions become influential and【C11】______ control over what happens to them and to others that they【C12】______ . When we accurately and precisely【C13】______ our thoughts, others gain a better【C14】______ for our position. Their understanding and appreciation make it more likely that they will respond in【C15】______ that are consistent with our needs.
Effective interpersonal communication helps us manage the【C16】______ we create. Presenting ourselves in such a way that others will【C17】______ and trust us is important in both public and private【C18】______ --whether we're communicating in a professional setting,【C19】______ our interpersonal skills are vital to getting a job, holding a position, or rising in an organization, or in a private setting where we're trying to【C20】______ and maintain relationships.
【C1】
A．familiar
B．informal
C．intimate
D．near
