We have negotiated the plan of joint venture several times and have come to a bet
period.
period.
(28)
A.The two companies are satisfied with their cooperation so far.
B.The two companies plan to strengthen their cooperation.
C.The two companies didn't reach consensus on the project.
D.The two companies negotiated with each other and comprised to each other.
2 The risk committee at Southern Continents Company (SCC) met to discuss a report by its risk manager, Stephanie
Field. The report focused on a number of risks that applied to a chemicals factory recently acquired by SCC in another
country, Southland. She explained that the new risks related to the security of the factory in Southland in respect of
burglary, to the supply of one of the key raw materials that experienced fluctuations in world supply and also an
environmental risk. The environmental risk, Stephanie explained, was to do with the possibility of poisonous
emissions from the Southland factory.
The SCC chief executive, Choo Wang, who chaired the risk committee, said that the Southland factory was important
to him for two reasons. First, he said it was strategically important to the company. Second, it was important because
his own bonuses depended upon it. He said that because he had personally negotiated the purchase of the Southland
factory, the remunerations committee had included a performance bonus on his salary based on the success of the
Southland investment. He told Stephanie that a performance-related bonus was payable when and if the factory
achieved a certain level of output that Choo considered to be ambitious. ‘I don’t get any bonus at all until we reach
a high level of output from the factory,’ he said. ‘So I don’t care what the risks are, we will have to manage them.’
Stephanie explained that one of her main concerns arose because the employees at the factory in Southland were not
aware of the importance of risk management to SCC. She said that the former owner of the factory paid less attention
to risk issues and so the staff were not as aware of risk as Stephanie would like them to be. ‘I would like to get risk
awareness embedded in the culture at the Southland factory,’ she said.
Choo Wang said that he knew from Stephanie’s report what the risks were, but that he wanted somebody to explain
to him what strategies SCC could use to manage the risks.
Required:
(a) Describe four strategies that can be used to manage risk and identify, with reasons, an appropriate strategy
for each of the three risks mentioned in the case. (12 marks)
A.refreshed
B.negotiated
C.preserved
D.sheltered
When() a documentary bill, our bank buys the bill and the documents for the face value less discount.
A、we negotiating
B、negotiated
C、negotiating
D、we are negotiating
A、We didn't have a system at all.
B、We didn’t have a surveillance system
C、We didn’t have a control system
D、We didn’t have a response system
If it ______ rain tomorrow, we'll have the party outside.
A.wouldn't
B.didn't
C.doesn't
D.won't
We didn't know his telephone number, otherwise we ______ him.
A.would have telephoned
B.must have telephoned
C.would telephone
D.had telephoned
We ______ him the news because he knew it already.
A.told B.would have told
C.needn't have told D.needn't to tell
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