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did the policy of ―a more outwardly focused, flexible pany‖ mean to Pamp。Unit 1 Text A Exercises Ⅰ . Discuss and answer the following questions. 1. Why could employees at Pamp。G be intimidated by Lafley’s diligence? 2. Did the Pamp。G? 5. What is Pamp。Gers begin to turn against Jager? 8. How does Lafley conduct his work as a CEO? 9. What is Lafley’s approach to selling Pamp。G people Ⅱ .Decide whether the following answers are true [T] or false[F]. 1. Mr. Lafley is at a routine meeting with Mr. Antoine at the beginning of the article. [ ] 2. There are dozens of management layers at the Pamp。G had developed only one successful new brand. [ ] 4. Pamp。G fired. [ ] 7. Pamp。G people turned against Jager mostly because the share price of the pany fell sharply. [ ] 10. Top Pamp。G’s acquisitions as its earnings grow quickly. [ ] Ⅲ . Paraphrase the following sentences. 1. It shows his determination to nurture talent and serves notice that little escapes his attention. () 2. He is living proof that the messenger is just important as the message. () 3. No destiny his been more challenged than Pamp。G wasn’t working closely enough with retailers, the place where consumers first see the product on the shelf: ―The first moment of truth.‖ () Ⅳ . Translate the following sentences into Chinese. 1. Long before he became CEO, Lafley had been pondering how to make Pamp。G could still e to grief. As any scientist will attest, buying innovation is tricky.() 3. To call the pany insular may not do it justice.() 4. He put in place a panywide reanization that left many employees perplexed and preoccupied.() 5. Furthermore, some of the gains in profit have resulted from cuts in capital and Pamp。G culture 3. The importance of the CEO in a pany Make a survey of a pany where remarkable changes have taken place because of Replacement of its CEO. Unit 1 Text B Exercises Ⅰ . Answer the following questions. 11. What did Greenberg mean when he said that lawyers can’t spell the word‖ insurance‖? 12. What does the writer attribute Greenberg’s downfall to? 13. How have the roles of the directors changed in the industry? 14. How powerful can directors, auditors and lawyers be? 15. Is the job of the CEO made easier with help of the directors? 16. Why are directors at many panies required to meet routinely without management present? 17. What are some of the traditional powers the CEOs are losing in making personnel decisions? 18. How is the business of auditing firms affected after the Arthur Anderson scandal? Ⅱ . Write a study report based on the answer to the above question. Unit 2 Text A Exercises Ⅰ . Discuss and answer the following questions. 19. Should capitalism be condemned for the worsening global inequality? Why or Why not? Why is it tough question to answer? 20. What do the two charts (Chart 1 and Chart 2 ) tell us about the claims made about ― global inequality ‖?Which one do you think is more reasonable? Why? 21. How de you account for differences between Mr. SalaiMartin’s calculations and the ChenRavalloin study? 22. In what way are the survey estimates different from the national accounts estimates? What are the drawbacks respectively? 23. According to the article, is economic inequality around the world getting better or worse? Why or Why not? Ⅱ . Decide whether the following statements are true [T] or false [F]. 1. Global inequality measured across all over the world’s individuals is rising, given that crosscountry inequality and withincountry inequality is getting worse.[ ] 2. If average ines in India and China are growing rapidly, inequality measured across all the individuals in the world will fall. [ ] 3. Since ines in poor countries grew faster between 1980 and 2022 than ines in rich countries, one could say that poor countries were catching up and that global inequality measured across countries was narrowing.[] 4. Chart 2 implies that both catchup and narrowing inequality occur with regard to India and China. [ ] 5. It’s always reasonable to measure consumption using data drawn from national accounts rather than use data drawn from household surveys. [ ] 6. Compared with Mr. SalaiMartin’s calculations, calculations by the World Bank, using direct household surveys, show relatively little reduction in poverty. [ ] 7. Due to the fact that in the ChenRavallion sample, growth in average consumption was faster than the growth in national ines, poverty fell relatively slowly on their household survey measure. [ ] 8. As countries get richer, the ratio of ―survey consumption‖ to ―nationalaccounts consumption‖ usually tends to fall. [ ] Ⅲ . Paraphrase the following sentences. 7. For them, the claim amounts almost to an article of faith: Worsening inequality is a sure sign of the moral bankruptcy of ―the system‖. () 8. We make no apologies for showing them to readers again: At a stroke, they cut through much of the statistical fog surrounding this subject. () 9. In short, once you take account of the fact that China and India have performed so well since 1980, and especially since 1990, together with the fact that these two countries account for such a big share of all the world’s poor, it is difficult to stay as pessimistic about global trends in poverty and inequality as the critics of global capitalism wish to be. () 10. Accordingly, in a recent review of the literature by Angus Deaton of Princeton University (Mr. Deaton is perhaps the only economist at work in this area who is acknowledged by all sides both as authoritative and as having no ideological axe to grind), two sets of studies are contrasted. The first draws mainly on nationalaccounts date, the second on household surveys. Their results are at odds. () 11. A paper by Shaohua Chen and Martin Ravallion of the Ban