練習:

　　1、Exxon and Mobil merged in order to ( )

　　A、enter new overseas markets.

　　B、reduce costs and improve margins.

　　C、create the world's largest company.

　　D、undercut competitors' prices.

　　2、Vodafone was able to accquire Air Touch by ( )

　　A、selling highly-valued shares to customers.

　　B、obtaining a loan based on its share value.

　　C、exchanging shares as part of the deal.

　　D、buying under-valued Air Touch shares.

　　3、Merged companies can usually increase short-term profits by ( )

　　A、cutting their combined labour costs.

　　B、boosting the company's productivity.

　　C、using a single marketing campaign.

　　D、selling their shares at a high price.

　　答案:

　　1、B

　　答案信息在第一段最后一句"sought to achieve economies of scale"。規(guī)模效益是指隨著經(jīng)營規(guī)模的擴大，單位成本下降從而獲得經(jīng)濟效益。

　　2、C

　　答案信息位于第三段中“cash and stock swap”。該方法意味著AirTouch公司的股東除了能拿現(xiàn)金之外，還能拿到沃達豐公司的股票。

　　3、A

　　答案信息在最后一段“ reduce their payroll by restructuring duplicated functions such as marketing and administration”在職能重疊的市場和行政部門進行裁員

　　練習:

　　1、There are rumors of a merger involving several major railroad companies.

　　2、Emotions can drive market behavior in a few short-lived situations. But fundamentals still rule.

　　3、After a four-consecutive-week rise, the weekly average oil price of the Organization of Petroleum Exporting Countries (OPEC) dropped to 90.83 U.S. dollars per barrel last week.

　　答案:

　　1、有傳言幾家主要鐵道公司將進行合并。

　　2、在短期情況下情緒會引發(fā)市場行為，但基本面仍然發(fā)揮根本作用。

　　3、經(jīng)過連續(xù)四周的上漲，石油出口國組織(歐佩克)上周石油均價下降至90.83美元每桶。

　　1、We may disclose all of the information that we collect, which relates to our transactions or experiences with you among our affiliated companies.

　　2、Of course, IBM will continue to play a significant role in creating innovations for individuals -- and not only through the broad PC alliance we are announcing today.

　　3、Terrorist attacks on senior officials were threatening to destabilize the government.

　　翻譯:

　　1、與我分公司的商務(wù)活動所有相關(guān)的交易細節(jié)和經(jīng)驗，但凡能夠搜集到的信息都會全部反饋于貴公司。

　　2、當然IBM為個人用戶進行創(chuàng)新，并將繼續(xù)扮演重要的角色，今天宣告的廣泛PC聯(lián)盟不會是唯一平臺。

　　3、對高級官員的恐怖襲擊威脅到政府的安全與穩(wěn)定。