课程咨询
美研留学资料领取

扫码添加助教

免费领取

备考资料大礼包

扫码关注公众号

GMAT阅读文章练习四十二

2020-08-11 18:06:00来源:网络

  新东方在线GMAT频道为大家带来GMAT阅读文章练习四十二,希望对大家GMAT备考有所帮助。更多精彩尽请关注新东方在线GMAT频道!

  Excess inventory, a massive problem for many businesses, has several causes, some of which are unavoidable.Overstocks may accumulate through production overruns or errors. Certain styles and colors prove unpopular. With(5)some products—computers and software, toys, and books—last year’s models are difficult to move even at huge discounts. Occasionally the competition introduces a better product. But in many cases the public’s buying tastes simply change, leaving a manufacturer or distributor with(10 ) thousands (or millions) of items that the fickle public no longer wants.

  One common way to dispose of this merchandise is to sell it to a liquidator, who buys as cheaply as possible and then resells the merchandise through catalogs, discount(15) stores, and other outlets. However, liquidators may pay less for the merchandise than it cost to make it. Another way to dispose of excess inventory is to dump it. The corporation takes a straight cost write-off on its taxes and hauls the merchandise to a landfill. Although it is hard to believe,(20) there is a sort of convoluted logic to this approach. It is perfectly legal, requires little time or preparation on the company’s part, and solves the problem quickly. The drawback is the remote possibility of getting caught by the news media. Dumping perfectly useful products can turn into a(25) public relations nightmare. Children living in poverty are freezing and XYZ Company has just sent 500 new snowsuits to the local dump. Parents of young children are barely getting by and QPS Company dumps 1,000 cases of disposable diapers because they have slight imperfections.(30)

  The managers of these companies are not deliberately wasteful; they are simply unaware of all their alternatives. In 1976 the Internal Revenue Service provided a tangible incentive for businesses to contribute their products to charity. The new tax law allowed corporations to deduct the(35)cost of the product donated plus half the difference between cost and fair market selling price,with the proviso that deductions cannot exceed twice cost. Thus, the federal government sanctions—indeed, encourages—an above-cost federal tax deduction for companies that donate inventory to charity.

  1. The author mentions each of the following as a cause of excess inventory EXCEPT

  (A) production of too much merchandise

  (B) inaccurate forecasting of buyers’ preferences

  (C) unrealistic pricing policies

  (D) products’ rapid obsolescence

  (E) availability of a better product

  2. The passage suggests that which of the following is a kind of product that a liquidator who sells to discount stores would be unlikely to wish to acquire?

  (A) Furniture

  (B) Computers

  (C) Kitchen equipment

  (D) Baby-care products

  (E) Children’s clothing

  3. The passage provides information that supports which of the following statements?

  (A) Excess inventory results most often from insufficient market analysis by the manufacturer.

  (B) Products with slight manufacturing defects may contribute to excess inventory.

  (C) Few manufacturers have taken advantage of the changes in the federal tax laws.

  (D) Manufacturers who dump their excess inventory are often caught and exposed by the news media.

  (E) Most products available in discount stores have come from manufacturers’ excess-inventory stock.

  4. The author cites the examples in lines 25-29 mostprobably in order to illustrate

  (A) the fiscal irresponsibility of dumping as a policy for dealing with excess inventory

  (B) the waste-management problems that dumping new products creates

  (C) the advantages to the manufacturer of dumping as a policy

  (D) alternatives to dumping explored by different companies

  (E) how the news media could portray dumping to the detriment of the manufacturer’s reputation

  5. By asserting that manufacturers “are simply unaware” (line 31), the author suggests which of the following?

  (A) Manufacturers might donate excess inventory to charity rather than dump it if they knew about the provision in the federal tax code.

  (B) The federal government has failed to provide sufficient encouragement to manufacturers to make use of advantageous tax policies.

  (C) Manufacturers who choose to dump excess inventory are not aware of the possible effects on their reputation of media coverage of such dumping.

  (D) The manufacturers of products disposed of by dumping are unaware of the needs of those people who would find the products useful.

  (E) The manufacturers who dump their excess inventory are not familiar with the employment of liquidators to dispose of overstock.

  6. The information in the passage suggests that which of the following, if true, would make donating excess inv entory to charity less attractive to manufacturers than dumping?

  (A) The costs of getting the inventory to the charitable destination are greater than the above-cost tax deduction.

  (B) The news media give manufacturers’ charitable contributions the same amount of coverage that they give dumping.

  (C) No straight-cost tax benefit can be claimed for items that are dumped.

  (D) The fair-market value of an item in excess inventory is 1.5 times its cost.

  (E) Items end up as excess inventory because of a change in the public’s preferences.

  7. Information in the passage suggests that one reason manufacturers might take advantage of the tax provision mentioned in the last paragraph is that

  (A) there are many kinds of products that cannot be legally dumped in a landfill

  (B) liquidators often refuse to handle products with slight imperfections

  (C) the law allows a deduction in excess of the cost of manufacturing the product

  (D) media coverage of contributions of excess-inventory products to charity is widespread and favorable

  (E) no tax deduction is available for products dumped or sold to a liquidator

  以上就为大家整理的“GMAT阅读文章练习四十二”,更多精彩内容,请关注新东方在线GMAT频道。


课程推荐》》更多

  GMAT直播VIP小班    GMAT直播精讲班    GMAT录播课
(VIP小班/全科班+1对1)(全科精讲/单项备考) (全科班/单项班)
 72.5课时 ¥18800 61课时 ¥7796 134课时 ¥14680

本文关键字: GMAT阅读 GMAT

添加美研助教号 回复【GMAT】

获取2024GMAT考试最新复习资料

更多资料
更多>>
  • GMAT阅读复习的五大步骤   

      新东方在线GMAT频道为大家带来GMAT阅读复习的五大步骤,希望对大家GMAT备考有所帮助。更多精彩尽请关注新东方在线GMAT频道!  1:原来

    来源 : 网络 2021-01-25 13:25:00 关键字 : GMAT阅读 GMAT

  • GMAT阅读背景的培养   

      新东方在线GMAT频道为大家带来GMAT阅读背景的培养,希望对大家GMAT备考有所帮助。更多精彩尽请关注新东方在线GMAT频道!  一、经济学

    来源 : 网络 2021-01-25 13:25:00 关键字 : GMAT阅读 GMAT

  • GMAT阅读复习效率不高怎么办   

      新东方在线GMAT频道为大家带来GMAT阅读复习效率不高怎么办,希望对大家GMAT备考有所帮助。更多精彩尽请关注新东方在线GMAT频道!  建

    来源 : 网络 2021-01-25 13:25:00 关键字 : GMAT阅读 GMAT

  • GMAT阅读提高速度的根本方法   

      新东方在线GMAT频道为大家带来GMAT阅读提高速度的根本方法,希望对大家GMAT备考有所帮助。更多精彩尽请关注新东方在线GMAT频道!  1

    来源 : 网络 2021-01-25 13:25:00 关键字 : GMAT阅读 GMAT

  • GMAT阅读如何避免错误   

      新东方在线GMAT频道为大家带来GMAT阅读如何避免错误,希望对大家GMAT备考有所帮助。更多精彩尽请关注新东方在线GMAT频道!  要避免GMA

    来源 : 网络 2021-01-25 13:25:00 关键字 : GMAT阅读 GMAT

  • GMAT阅读技巧的提升   

      新东方在线GMAT频道为大家带来GMAT阅读技巧的提升,希望对大家GMAT备考有所帮助。更多精彩尽请关注新东方在线GMAT频道!  GMAT阅读推

    来源 : 网络 2021-01-25 13:25:00 关键字 : GMAT阅读 GMAT

  • GMAT阅读备考的注意事项   

      新东方在线GMAT频道为大家带来GMAT阅读备考的注意事项,希望对大家GMAT备考有所帮助。更多精彩尽请关注新东方在线GMAT频道!  GMAT阅

    来源 : 网络 2021-01-25 13:25:00 关键字 : GMAT阅读 GMAT

  • GMAT阅读怎么提高自己的能力   

      新东方在线GMAT频道为大家带来GMAT阅读怎么提高自己的能力,希望对大家GMAT备考有所帮助。更多精彩尽请关注新东方在线GMAT频道!  建

    来源 : 网络 2021-01-25 13:25:00 关键字 : GMAT阅读 GMAT

  • GMAT阅读长句子的备考   

      新东方在线GMAT频道为大家带来GMAT阅读长句子的备考,希望对大家GMAT备考有所帮助。更多精彩尽请关注新东方在线GMAT频道!  1 首先

    来源 : 网络 2021-01-25 13:25:00 关键字 : GMAT阅读 GMAT

  • GMAT阅读水平怎么提高   

      新东方在线GMAT频道为大家带来GMAT阅读水平怎么提高,希望对大家GMAT备考有所帮助。更多精彩尽请关注新东方在线GMAT频道!  下面就来

    来源 : 网络 2021-01-25 13:25:00 关键字 : GMAT阅读 GMAT

更多内容

添加美研助教号

回复【GMAT】获取备考必看资料包

新东方美研备考资料
GRE录播课(全科班/单项班) GMAT6-8人直播VIP小班 托福直播精讲班(30天/60天)
更多>>
更多惊喜>>
更多>>
更多资料