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NEW QUESTION: 1
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 the 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 field 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 contracts to minority
enterprises.
Corporate response appears to have been substantial. According to figures collected in 1977, the total of
corporate contracts with minority business rose from $77 to $1.1 billion in 1977. The projected total of
corporate contracts with minority business for the early 1980's is estimated to be over $3 billion per year
with no letup anticipated in the next decade. Promising as it is for minority businesses, this increased
patronage poses dangers for them, too. First, minority firms risk expanding too fast and overextending
themselves financially, since most are small concerns and, unlike large businesses they often need to
make substantial investments in new plants, staff, equipment, and the like in order to perform work
subcontracted to them. If, thereafter, their subcontracts are for some reason reduced, such firms can face
potentially crippling fixed expenses. The world of corporate purchasing can be frustrating for small
entrepreneurs who get requests for elaborate formal estimates and bids. Both consume valuable time and
resources and a small company's efforts must soon result in orders, or both the morale and the financial
health of the business will suffer.
A second risk is that White-owned companies may-seek to cash inon the increasing apportion-ments
through formation of joint ventures with minority-owned concerns, of course, in many instances there are
legitimate reasons for joint ventures; clearly, white and minority enterprises can team up to acquire
business that neither could Third, a minority enterprise that secures the business of one large corporate
customer often runs the danger of becoming and remaining dependent. Even in the best of circumstances,
fierce competition from larger, more established companies makes it difficult for small concerns to
broaden their customer bases; when such firms have nearly guaranteed orders from a single corporate
benefactor, they may truly have to struggle against complacency arising from their current success.
It can be inferred from the passage (hat, compared with the requirements of law, the percentage goals set
by "some federal and local agencies" are
A. less controversial
B. less expensive to enforce
C. more specific
D. more popular with large corporations
E. easier to comply with
Answer: C
NEW QUESTION: 2
HOTSPOT
You need to back up the HR site collection.
What should you do? (To answer, select the appropriate option from each drop-down list in the answer area.)
Answer:
Explanation:
NEW QUESTION: 3
A. Option B
B. Option D
C. Option A
D. Option C
Answer: C
NEW QUESTION: 4
You are a program manager in the Project Management Office (PMO) of an organization that uses Project Server 2013.
You review your organization's issue management process.
You need to implement a new issue management process that meets the following requirements:
--
All issues for future projects need to be associated with a source. Source values are either Internal or External.
What should you do?
A. Instruct the users to write the information about the source into the description field every time they create a new issue.
B. Instruct the users to attach a text file with the source information every time they create a new issue.
C. Go to a Project Site, and customize the issue list by including a new column to allow a value from Internal or External options to be chosen. Make this field required. Save the Project Site as a template for new Project Sites.
D. Add a new enterprise custom field named Source with an associated lookup table which contains the values Internal and External. Make this field required. Save the Project Site as a template for new Project Sites.
Answer: C
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