GMAT考试RCOGWORD(三十)
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Passage 30
Excess inventory1, a massive problem for many busi-
nesses, has several causes, some of which are unavoidable.
Overstocks may accumulate through production overruns or
errors. Certain styles and colors prove unpopular. With
(5) some products—computers and software, toys, and
books—last year’s models are difficult to move even at
huge discounts. Occasionally the competition introduces a
better product. But in many cases the public’s buying tastes
simply change, leaving a manufacturer or distributor with
(10 ) thousands (or millions) of items that the fickle3 public no
longer wants.
One common way to dispose of this merchandise is to
sell it to a liquidator, who buys as cheaply as possible and
then resells the merchandise through catalogs, discount
(15) stores, and other outlets4. However, liquidators may pay less
for the merchandise than it cost to make it. Another way to
dispose of excess inventory is to dump it. The corporation
takes a straight cost write-off on its taxes and hauls the
merchandise to a landfill. Although it is hard to believe,
(20) there is a sort of convoluted5 logic6 to this approach. It is
perfectly7 legal, requires little time or preparation on the
company’s part, and solves the problem quickly. The draw-
back is the remote possibility of getting caught by the news
media. Dumping perfectly useful products can turn into a
(25) public relations nightmare. Children living in poverty are
freezing and XYZ Company has just sent 500 new snow-
suits to the local dump. Parents of young children are
barely getting by and QPS Company dumps 1,000 cases of
disposable diapers because they have slight imperfections.
(30) The managers of these companies are not deliberately
wasteful; they are simply unaware8 of all their alternatives.
In 1976 the Internal Revenue Service provided a tangible
incentive for businesses to contribute their products to char-
ity. The new tax law allowed corporations to deduct9 the
(35)cost of the product donated plus half the difference
between cost and fair market selling price, with the proviso
that deductions11 cannot exceed twice cost. Thus, the federal
government sanctions—indeed, encourages—an above-cost
federal tax deduction10 for companies that donate inventory
to charity.
 
183. The author mentions each of the following as a cause of excess inventory EXCEPT
(A)   production of too much merchandise
(B)   inaccurate12 forecasting of buyers’ preferences
(C)   unrealistic pricing policies
(D)  products’ rapid obsolescence13 (C)
(E)   availability of a better product
 
184. The passage suggests that which of the following is a kind of product that a liquidator who sells to discount stores would be unlikely to wish to acquire?
(A)   Furniture
(B)   Computers
(C)   Kitchen equipment
(D)  Baby-care products (B)
(E)   Children’s clothing
 
185. The passage provides information that supports which of the following statements?
(A)   Excess inventory results most often from insufficient14 market analysis by the manufacturer.
(B)   Products with slight manufacturing defects may contribute to excess inventory.
(C)   Few manufacturers have taken advantage of the changes in the federal tax laws.
(D)  Manufacturers who dump their excess inventory are often caught and exposed by the news media. (B)
(E)   Most products available in discount stores have come from manufacturers’ excess-inventory stock.
 
186. The author cites the examples in lines 25-29 most probably in order to illustrate
(A)   the fiscal15 irresponsibility of dumping as a policy for dealing16 with excess inventory
(B)   the waste-management problems that dumping new products creates
(C)   the advantages to the manufacturer of dumping as a policy
(D)  alternatives to dumping explored by different companies (E)
(E)   how the news media could portray17 dumping to the detriment18 of the manufacturer’s reputation
 
187. By asserting that manufacturers “are simply unaware” (line 31), the author suggests which of the following?
(A)   Manufacturers might donate excess inventory to charity rather than dump it if they knew about the provision in the federal tax code.
(B)   The federal government has failed to provide sufficient encouragement to manufacturers to make use of advantageous19 tax policies.
(C)   Manufacturers who choose to dump excess inventory are not aware of the possible effects on their reputation of media coverage20 of such dumping.
(D)  The manufacturers of products disposed of by dumping are unaware of the needs of those people who would find the products useful. (A)
(E)   The manufacturers who dump their excess inventory are not familiar with the employment of liquidators to dispose of overstock.
 
188. The information in the passage suggests that which of the following, if true, would make donating excess inventory to charity less attractive to manufacturers than dumping?
(A)   The costs of getting the inventory to the charitable destination are greater than the above-cost tax deduction.
(B)   The news media give manufacturers’ charitable contributions the same amount of coverage that they give umping.
(C)   No straight-cost tax benefit can be claimed for items that are dumped.
(D)  The fair-market value of an item in excess inventory is 1.5 times its cost. (A)
(E)   Items end up as excess inventory because of a change in the public’s preferences.
 
189. Information in the passage suggests that one reason manufacturers might take advantage of the tax provision mentioned in the last paragraph is that
(A)   there are many kinds of products that cannot be legally dumped in a landfill
(B)   liquidators often refuse to handle products with slight imperfections
(C)   the law allows a deduction in excess of the cost of manufacturing the product
(D)  media coverage of contributions of excess-inventory products to charity is widespread and favorable (C)
(E)   no tax deduction is available for products dumped or sold to a liquidator


点击收听单词发音收听单词发音  

1 inventory 04xx7     
n.详细目录,存货清单
参考例句:
  • Some stores inventory their stock once a week.有些商店每周清点存货一次。
  • We will need to call on our supplier to get more inventory.我们必须请供应商送来更多存货。
2 abetter 999d32cd84e6e0159dd404f8e529edb1     
n.教唆者,怂恿者
参考例句:
  • Make them SMAART goals andand you'll have abetter chance of attaining them. 制定SMAART目标,那么你实现这些目标的机会将更大。 来自互联网
  • Betty beat abit of butter to make abetter butter. 贝蒂敲打一小块奶油要做一块更好的奶油面。 来自互联网
3 fickle Lg9zn     
adj.(爱情或友谊上)易变的,不坚定的
参考例句:
  • Fluctuating prices usually base on a fickle public's demand.物价的波动往往是由于群众需求的不稳定而引起的。
  • The weather is so fickle in summer.夏日的天气如此多变。
4 outlets a899f2669c499f26df428cf3d18a06c3     
n.出口( outlet的名词复数 );经销店;插座;廉价经销店
参考例句:
  • The dumping of foreign cotton blocked outlets for locally grown cotton. 外国棉花的倾销阻滞了当地生产的棉花的销路。 来自《简明英汉词典》
  • They must find outlets for their products. 他们必须为自己的产品寻找出路。 来自《现代汉英综合大词典》
5 convoluted NvnzlG     
adj.旋绕的;复杂的
参考例句:
  • The snake slithered through a convoluted path.蛇在羊肠小道上爬行。
  • The policy is so convoluted even college presidents are confused.这项政策太令人费解,甚至连大学校长们也是一头雾水。
6 logic j0HxI     
n.逻辑(学);逻辑性
参考例句:
  • What sort of logic is that?这是什么逻辑?
  • I don't follow the logic of your argument.我不明白你的论点逻辑性何在。
7 perfectly 8Mzxb     
adv.完美地,无可非议地,彻底地
参考例句:
  • The witnesses were each perfectly certain of what they said.证人们个个对自己所说的话十分肯定。
  • Everything that we're doing is all perfectly above board.我们做的每件事情都是光明正大的。
8 unaware Pl6w0     
a.不知道的,未意识到的
参考例句:
  • They were unaware that war was near. 他们不知道战争即将爆发。
  • I was unaware of the man's presence. 我没有察觉到那人在场。
9 deduct pxfx7     
vt.扣除,减去
参考例句:
  • You can deduct the twenty - five cents out of my allowance.你可在我的零用钱里扣去二角五分钱。
  • On condition of your signing this contract,I will deduct a percentage.如果你在这份合同上签字,我就会给你减免一个百分比。
10 deduction 0xJx7     
n.减除,扣除,减除额;推论,推理,演绎
参考例句:
  • No deduction in pay is made for absence due to illness.因病请假不扣工资。
  • His deduction led him to the correct conclusion.他的推断使他得出正确的结论。
11 deductions efdb24c54db0a56d702d92a7f902dd1f     
扣除( deduction的名词复数 ); 结论; 扣除的量; 推演
参考例句:
  • Many of the older officers trusted agents sightings more than cryptanalysts'deductions. 许多年纪比较大的军官往往相信特务的发现,而不怎么相信密码分析员的推断。
  • You know how you rush at things,jump to conclusions without proper deductions. 你知道你处理问题是多么仓促,毫无合适的演绎就仓促下结论。
12 inaccurate D9qx7     
adj.错误的,不正确的,不准确的
参考例句:
  • The book is both inaccurate and exaggerated.这本书不但不准确,而且夸大其词。
  • She never knows the right time because her watch is inaccurate.她从来不知道准确的时间因为她的表不准。
13 obsolescence bIjxr     
n.过时,陈旧,废弃
参考例句:
  • For some small unproductive mills,the reality is not merger but obsolescence and bankruptcy.对一些效率低下的小厂而言,现实不是合并,而是可能被淘汰和破产。
  • Finally,the cost approach can provide a basis for allocating penalties,specifically economic obsolescence.最后,成本法可作为一个分配因陈旧特别是因经济
14 insufficient L5vxu     
adj.(for,of)不足的,不够的
参考例句:
  • There was insufficient evidence to convict him.没有足够证据给他定罪。
  • In their day scientific knowledge was insufficient to settle the matter.在他们的时代,科学知识还不能足以解决这些问题。
15 fiscal agbzf     
adj.财政的,会计的,国库的,国库岁入的
参考例句:
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
  • The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
16 dealing NvjzWP     
n.经商方法,待人态度
参考例句:
  • This store has an excellent reputation for fair dealing.该商店因买卖公道而享有极高的声誉。
  • His fair dealing earned our confidence.他的诚实的行为获得我们的信任。
17 portray mPLxy     
v.描写,描述;画(人物、景象等)
参考例句:
  • It is difficult to portray feelings in words.感情很难用言语来描写。
  • Can you portray the best and worst aspects of this job?您能描述一下这份工作最好与最坏的方面吗?
18 detriment zlHzx     
n.损害;损害物,造成损害的根源
参考例句:
  • Smoking is a detriment to one's health.吸烟危害健康。
  • His lack of education is a serious detriment to his career.他的未受教育对他的事业是一种严重的妨碍。
19 advantageous BK5yp     
adj.有利的;有帮助的
参考例句:
  • Injections of vitamin C are obviously advantageous.注射维生素C显然是有利的。
  • You're in a very advantageous position.你处于非常有利的地位。
20 coverage nvwz7v     
n.报导,保险范围,保险额,范围,覆盖
参考例句:
  • There's little coverage of foreign news in the newspaper.报纸上几乎没有国外新闻报道。
  • This is an insurance policy with extensive coverage.这是一项承保范围广泛的保险。
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