Recent years have brought minority-owned businesses in the United States unprecedented opportunities—as well as new and significant risks. Civil rights activists have long argued that one of the principal reasons why Blacks, Hispanics, and other minority groups have difficulty establishing themselves in business is that they lack access to the sizable orders and subcontracts that are generated by large companies. Now Congress, in apparent agreement, has required by law that businesses awarded federal contracts of more than $ 500,000 do their best to find minority subcontractors and record their efforts to do so on forms filed with the government. Indeed, some federal and local agencies have gone so far as to set specific percentage goals for apportioning parts of public works eon- tracts to minority enterprises.
Corporate response appears to have been substantial. According to figures collected in 1977, the total of corporate contracts with minority businesses rose
A. Annoyed by the proliferation of "front" organizations, corporations are likely to reduce their efforts to work with minority-owned subcontractors in the near future.
B. Although corporations showed considerable interest in working with minority businesses in the 1970's, their aversion to government paperwork made them reluctant to pursue many government contracts.
C. The significant response of corporations in the 1970's is likely to be sustained and conceivably be increased throughout the 1980's.
D. Although corporations are eager to cooperate with minority-owned businesses, a shortage of capita] in the 1970's made substantial response impossible.
Enter the information age. Information is the raw material for many of the business activities shaping this new era, (1) iron and steel were the basic commodities in the dawning of the industrial age.
The world’ s knowledge is said to be doubling (2) eight years. This knowledge explosion is (3) economic progress. The need to collect, analyze, and communicate (4) quantities of information is Spawning new products and services, creating jobs, and widening career opportunities.
The information age is (5) considered to be a phenomenon of the service sector of the economy, (6) a product of heavy industry. Certainly, burgeoning information technologies are creating new capabilities (7) knowledge-based service spheres. But changes just as dramatic are (8) industry, giving people the opportunity to do challenging work in exciting new ways.
Manufacturing is a full participant in the information age. From
A. every
B. each
C. between
D. during
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