Large companies need a way to reach the savings of
the public at large. The same problem, on a smaller scale, faces practically
every company trying to develop new products and create new jobs. There can be
little prospect of raising the sort of sum needed from friends and people we
know. and while banks may agree to provide short-term finance, they are
generally unwilling to provide money on a permanent basis for long-term
projects. So companies turn to the public, inviting people to lend them money,
or take a share in the business in exchange for a share in future profits.
This they do by issuing stocks and shares in the business through the
Stock Exchange. By doing so they can put into circulation the savings of
individuals and institution, both at home and overseas. When the
saver needs his money back, he does not have to go A. to raise money to finance new development B. to borrow as much money as they wish C. to make certain everybody lend money to them D. to make certain everybody save money
更多"Passage Two
Large companie"的相关试题:
[单项选择] Passage Two
Large companies need a way to reach the savings of
the public at large. The same problem, on a smaller scale, faces practically
every company trying to develop new products and create new jobs. There can be
little prospect of raising the sort of sum needed from friends and people we
know. and while banks may agree to provide short-term finance, they are
generally unwilling to provide money on a permanent basis for long-term
projects. So companies turn to the public, inviting people to lend them money,
or take a share in the business in exchange for a share in future profits.
This they do by issuing stocks and shares in the business through the
Stock Exchange. By doing so they can put into circulation the savings of
individuals and institution, both at home and overseas. When the
saver needs his money back, he does not have to go A. borrow large sums of money from friends and people they know B. rely on their own financial resources C. depend on the population as a whole for finance D. persuade the banks to provide them with long-term finance
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