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unit6Visionsunit6VisionsofBusinessofBusinessThisunitislikeacollectionofrouteplansofbusinesssuccesses.Itpresentsstoriesofsomepeoplewellknownfortheirgloriousachievementsintheirrespectiveareas.Italsoprovidessomebasicknowledgeaboutbusinessorganizationsandbusinessplanning.listeningtothesesuccessstoriesnotonlyhelpsstudentslearntheEnglishlanguagebutalsohelpsthemlearnabouttheworld.PartIGettingreadyB Listen to an economics report about businessorganizations.Completethefollowingchart.PartIBScale刻度,大小,等级Proprietorprprat(r)n.所有人;业主;老板所有人;业主;老板IndividualProprietor个体所有者个体所有者Dividenddvdendn.股息;红利;被除数;彩金;回报股息;红利;被除数;彩金;回报BoardofdirectorsPartnern.伙伴;搭档;伴侣;合伙人伙伴;搭档;伴侣;合伙人Partnershipn.合伙人身份;合股;合伙经营合伙人身份;合股;合伙经营Liabilitylabltin.责任;债务;倾向;可能性;不利因素责任;债务;倾向;可能性;不利因素Cooperationn.合作;协作合作;协作NonprofitKeystoBIndividualpropertypartnershipcooperationscalesmallsmallbigownershipTheproprietorownsallthepropertyofthebusinessTwoormorepeoplegointobusinesstogetherinvestorsownstock,ashareoftheownershipresponsibilityTheproprietorisresponsibleforthebusinessLimitedpartnershavelimitedresponsibilities;fullpartnershavefullresponsibilitiesAboardofdirectorscontrolsthecooperatepoliciesandappointstopofficerslifetimelimitedlimitedUnlimitedTapescriptofBBusinessesarestructuredtomeetdifferentneeds.Onebasicdifferenceinvolveswhoisresponsibleforthebusiness.Anotherinvolveshowlongtheorganizationstayinbusiness.Thesimplestformofbusinessiscalledanindividualproprietorship.ThewordproprietorcomesfromFrenchandLatinwordsforpropertyowner.Theproprietorownsallthepropertyofthebusinessandisresponsibleforit.Thelawrecognizesnodifferencebetweentheownerandthebusiness.MostsmallbusinessesintheUnitedStatesareindividualproprietorships.Anotherkindofbusinessisthepartnership.Twoormorepeoplegointobusinesstogether.Anagreementisusuallyneededtostatehowmuchofthepartnershipeachpersoncontrols.Theycanendthepartnershipatanytime.Butpartnershipsandindividualproprietorshipshavealimitedlife.Theyexitonlyaslongastheownersarealive.Somestatespermitwhatarecalledlimitedliabilitypartnerships.Thesehavefullpartnersandlimitedpartners.Limitedpartnersmaynotshareasmuchintheprofits.Buttheirresponsibilitiestotheorganizationarealsolimited.Themostcomplexisthecorporation.Thiskindofbusinessorganizationdesignedtohaveanunlimitedlifetime.Investorsinacorporationownstock.Thisisashareoftheownership.Investorscantradetheirsharesorkeepthemaslongasthecompanyisinbusiness.Investorsmaygetpaiddividends,asmallamountofmoneyforeachsharetheyown.Aboardofdirectorscontrolsthecorporatepolicies.Thedirectorsappointtopcompanyofficers.Thedirectorsmightormightnotholdanysharesinthecorporation.Notallcorporationsaretraditionalbusinessesthatsellstock.TheAmericanRedCross,forexample,isorganizedasanon-profitcorporation.PartIIMichaelDellVs.FrederickSmith(I)Bands乐队Buildtoorderrevolution订单革命Middlemann.中人;经纪人;中间转手人中人;经纪人;中间转手人Efficacyefksin.功效功效Nutsandboltsn.具体细节;基本要点,最基础的部分具体细节;基本要点,最基础的部分Fromthegroundupadv.从头开始;从头开始;完全地,彻底地完全地,彻底地Tenuredadj.享有终身职位的享有终身职位的Homegrownadj.自产的;本土产的自产的;本土产的Handsonadj亲自动手亲自动手PartIIAMichaelDell:MichaelDelservesasChairmanandCEOofDellComputerCorporation.HeisthelongesttenuredCEOinthewholecomputerindustry.Byusinghisinnovativedirecttoconsumermarketingapproachandbypioneeringtheindustrysfirstserviceandsupportprogramsthebuildtoorderrevolution.DellComputerCorporationhassuccessfullyeliminatedthemiddlemanandestablisheditselfasoneofthetopvendorsofpersonalcomputersworldwide.FrederickSmith:FrederickSmithisChairman.PresidentandCEOofFederalExpressCorporation,orFedEx.aglobalprovideroftransportation,ecommerceandsupplychainmanagementservices.Butwhenhefirstcameupwiththeideaofovernightdeliveryservice,nobodyseemedtobeinterestedinit.Andnowwithitsjustintimedeliverysystem,SmithhasmadeFedExamultibilliondollarindustry.FedExusedtoprovidemainlywaterandairdelivery,butnowitsmakingabigpushintothegrounddeliverybusinessKeystoBB.Listenagainandanswerthequestion.WhatdoesMichaelwantfromFred?Fredmuststaycompetitiveinthefollowingaspects:1)thequalityofservice2)thebreadthofthenetwork3)theuniqueservicesneeded4)thecostTapescript:JeffGreenfield:Thankyou.Oklook,itsnotallthatunusualtodreamupabusinessideawhileyoureincollege.Youknow,youbookthebandsfortheparties,youdeliverpizzastothedorm.Ok,dreamingupanewmultibilliondollarindustryfromthegroundup,thisisalittlelessusual.Butitissomethingbothofourguestsaccomplishedevenifnoteveryonerealizeditatthetime.WhenFredSmithwroteatermpaperoutlininghisideaforanovernightdeliveryservice,histeachergavehimaCminus.HeoffandwentontocreateFederalExpress.WellbetalkingaboutthatandothermatterswithFredSmith,theChairman,PresidentandCEOofFedExCorporation,alittlelaterintheprogram.ButfirstMichaelDell,whodroppedoutofcollegeafterayearstartthebusiness,hestillheads.AsChairmanandCEOofDellComputer,MichaelDellhappenstobethelongesttenuredCEOintheentirecomputerindustry.Hesalsothemansolelyresponsibleforcreatingthedirecttoconsumermodelthatsparkedthewholebuildtoorderrevolution.MichaelDellsaimistoeliminatethemiddleman,ahomegrownphilosophythatcarriesoverintohishandsonmanagementstyle.Beforewegetintothespecificconversations,Iwanttoknowsomethingbecausethetwoofyouhavearelationshipthatcustomers-like.CouldyouexistwithoutacompanylikeFredSmithstosupplyyourstuff?Coulditworkifyoudidnthaveajust-in-timedeliverysystemtogetyouyourpartsforyourcomputersMichaelDell:Inourcase,no.Imean,youknow,wecouldntexistwithoutFedEx,andIdontthinkFedExcouldexistwithoutourdistributing.Wearesortofmutuallyco-dependenthere.FrederickSmith:Thatsabsolutelyright.Michaelunderstandsthathisefficacywithhiscustomersdependsondeliveringexactlyashestoldhiscustomerthathesgongtodeliverplushisproductionisjustintinsoallthosepartsandpiecesfromallovertheworldgottatocometogetheratthesametime.NowhemayhavetoforhisownresonsusebrandX,butclearlythebestchoiceisFedEx.TapescriptGreenfield:Nowyougoout,youremakingabigpushintothegrounddeliverybusinessaswell.Right?Smith:Sure.Greenfield:Michael,whatwouldyouwantfromhimasaCEOandfounderofDell,tomakeitmoretemptingforyou?Dell:Well,itsprettystraightforward.Imean,youknow,yougottabecompetitive,youvegottodeliveronthethingsthatareimportanttous,whichmeansthequalityofservice,thebreadthofthenetwork,the.youknow,uniqueservicesthatweneed.Forexample,wehavealotofthingsgoingonwithairliftoutofAsia,comingintheUS,andtheirnetworkisparticularlywellsuitedforthis.Andofcourse,theygottabecostcompetitive.Youputallthattogetherandthatsthesortofdiscussionwehave,theresnotalotofrealsciencetoit,Imean.itsprettybasicnutsandbolts.Hereswhatweneed,youknow,andhereweneedtostaycompetitive.Greenfield:Doyouhaveashot?Smith:No,IlltellyouIvebeenlisteningtothewholelotofit,andusuallyImdoingeverythinghewantsustodo.Icantellyouthatmuch.PartIIIMichaelDellvs.FrederickSmith(II)Suckout吸出吸出Depreciatedpriietv.贬值;降价;轻视贬值;降价;轻视Customizekstmazvt.定制;定制;计计用户化用户化Innovatenvetv.改革;创新改革;创新Supplychain供应链供应链Informationflow信息流信息流Assetn.资产;优点;有用的东西资产;优点;有用的东西Commissionn.佣金;委员会;委托;佣金;委员会;委托;Academicrealm学术领域学术领域Logisticsldstksn.物流;后勤学;运筹学物流;后勤学;运筹学Fulcrumflkrmn.(杠杆的)支点;支柱;最重要的部分(杠杆的)支点;支柱;最重要的部分Servern.服务器;侍者;辅祭者服务器;侍者;辅祭者PartIIIMichaelDellvs.FrederickSmith(II)KeysMichaelDellEfficientinformationsystemscan1)takeoutalltheunnecessarycostsoftransactionandprocessingandhelpfindmoreapplicableproductsorservices;2)shrinkthedistancebetweenthesourceofdemandandthesourceofsupply.AGreatpartoftheeconomywillworkon“supplychain”because1)About40%ofbusinessestodayareoperatedonafastcyclebasis.soyoullhaveaworldofchoice;2)Almosteverythingcanbepresentedtoyouonacomputerandyoucancustomizealmostanything;3)Youcanhaveitdeliveredveryrapidly.FrederickSmithKeystoBBListenagain.WhataretheCEOsanswerstothestudentsquestion?Question:Whatkeepsyougoingandwhathaveyoulefttoaccomplish?Motivation:Theopportunityintheindustry,inthebusinessAmbitions1:Tobealeadernotonlyinclientcomputing,butalsointheenterpriseandserversandstorage2:TodobusinessnotjustintheUnitedStatesbutallovertheworld3:ToaddalotofservicesthatgoalongwiththeproductsKeystoBPositiveattitudetowardsfuture:BeingtrulyexcitedaboutthecompanysfuturePositiveattitudetowardswork:EnjoygoingtoworkeverydayLovetocompeteLovetoinnovateLovetoworkwithalotofwonderfulpeopleandsitrightinthemiddleofalotofveryexcitingbusinesstrendsTapescriptGreenfield:Letmeturnnowtothefirstthemewewanttotalkabout,andthatthisbuild-to-orderrevolution.Doesitchangeeverything?Dell:Youknow,Ithinkfirstofall,yougottalookatthesupplychain.Basically,whatefficientinformationflowsdoisthey,youknow,theysortoftakeoutallthesecostsoftransactionandprocessingthatsortof,youknow,addtotheultimatecostofbuyingsomething.Andifyouviewinformationasthiskindoflikevacuumthatsucksoutthatunnecessarycost,therearecertainproductsorserviceswherethisisfarmoreapplicable.Youknowthingsthathaveveryhighmarkups,thingsthatdepreciateinvalueatanincrediblerate.Greenfield:Whatsanexample?Dell:Takethecarindustryforexample.Ok?Notnecessarilyfitinsmallpackagesyet,butyouknowwhenyougotobuyacar,youtypicalgotoaplacewherethereslotsofcarsandsomebodyguessedwhatkindofcar,youknow,youweregoingtobuy.Dell:And,youknowthatstherestensofbillionsofdollarsinassetstiedupinthoseguessesandwhatusuallyhappensisyouendupbuying,notthecarexactlythatyouwantedbutthecartheyhappenedtohave.Andthenthesignalgoesbacktothefactorythatthatcarthatyoujustbought,youknow,issellingreallywell,soletsbuildsomemore.Andthepersonwhosoldittoyougetsacommissionforsellingyousomethingthatyoudidntquiteexactlywanttobuy.Andsoyougotcapitaltiedup,yougotcoststiedup,andwhatinformationsystemscandoisessentiallyshrinkthedistancebetweenthesourceofdemandandthesourceofsupply.Smith:Theresalotofworkthatsbeendoneintheacademicrealmaboutthisissuesupplychainthatyourejusttalkingabout.ThelatestfigurethatIveseenwhichwasdonebyoneoftheschoolsintheMidwestthathasagoodtransportationandlogisticspractices.Andabout40percentofbusinessestodayareoperatedonafastcyclebasisthatMichaelandWal-Martandsoforthpioneered.Nowtherescertaintypesofitemsthatareverylowintermsofunitcostslikegroceriesorgasolineyouputinyourcar,orcommoditiesofonesortoranotherorwhereformandfitmaymeetmakethecustomerswannagolookatitpersonallylikeputtingonacoatorsomething.ButIthinkotherthanthat,almosteverythingwillbepresentedtoyouonacomputerandyoullhaveaworldofchoiceandyoucancustomizeitandhaveitthereveryrapidly.Foracar,itmightbefourdays;foraDellcomputer,itmightbeovernight,orifyouwanttoshortenthedelivery,threedaysorwhatever.ButIthinkagreatpartoftheeconomywillworkthatway.Greenfield:Itsnowtimeforthenextgenerationofbusinessleaders,wehope,toasktheirquestionsofourguests.Pleasebesuretotellusyournameandthenyourquestions.Sir.Munan:Ok,goodafternoon.MynameisMunan.Imjustcuriouswhatkeepsyouguysgoingandpersonallywhatyouguyshavelefttoaccomplish?Dell:Youknow,whatkeepsmegoingagainistheopportunitythatIseeinourindustryinourbusiness.Youknow,thisisabusinessthatcontinuestogrow,theITindustryisrightatthefulcrumoftheeconomy.Theindustryisexpandingaroundtheworld.Wewanttobealeadernotonlyinclientcomputing,butalsointheenterpriseandserversandstorage.AndwewanttodoitnotjustintheUnitedStates,butallovertheworld.Andwewanttoaddalotoftheservicesthatgoalongwiththoseproducts,sowehave,wethinkagreatstart,butwethinkthereistremendousopportunitygoingforward.Smith:Well,Imtrulyexcitedaboutmycompanysfuture.Ilovegoingtoworkeveryday,itsgreatfun.Ilovetocompete,Ilovetotrytoinnovate,comeupwithanewidea.Workwithalotofwonderfulpeopleandsitrightinthemiddleofalotofvery,veryexcitingbusinesstrends,andIcantthinkofanythingIdratherbedoing.PartIVMoreaboutthetopic:TheBusinessPlanListentotheWomeninBusinessreport.Writedownthekeypoints.Thencompletethesummarybelow.Summary:Oneofthemostfundamentalstepstowardasuccessfulbusinessisthebusinessplan.Itdoesntmatterwhetheryourcompanyisalargeoneorasmallone.Whatdoesmatterishavingabusinessplantomaketheideaareality.Aplanisessential,foranybusiness.ItislikeamapforyourbusinessastowhereyouregoingtogoAndabusinessplanistheverybestwaytogetstartedbecausewhenyoudobusinessplanyougofromAtoZinfiguringouteveryaspect:howmuchmoneyyouneed;howmanypeopleyoullneed;whetheryoullneedpeople.givesyouawayofpredictingwherethebusinessmaygosoyoucanpositionyourselftorespondintelligentlyandusetheleastamountofmoney.Soabusinessplanisevenmorecriticalforthosebuddingentrepreneursthatdonthavemuchmoneyforitcanhelptousethelimitedresourcesintheverybestway.TapescriptAwomanhasagreatideaforabusiness.Shesjoinedawomensbusinessassociationandtalkedwithseveralentrepreneurs.Shewantstogetstarted.Whatthenextstep?Intodayswomeninbusinessreport,SarahLongtellsusthatonofthemostfundamentalstepstowardasuccessfulbusinessisthebusinessplan.Theideaforabusinessmaybelargeorsmall.Amanufacturingplantwithlotofemployeesoraone-employeecompanybasedinthehome.Itsnotthesizeofthebusinessthatmatters.Whatdoesmatteraccordingtoexpertsishavingabusinessplantomaketheideaareality.Ionlyhavemyselfandmyfull-timeofficemanagerandImhiringathirdperson.Idoabusinessplaneveryyear.BettyStehmanhasherownaccountingfirm.Alongwithafullrangeofa(countingandtaxservices,hercompanyhelpsentrepreneursdevelopbusinessplan;Shebelievesaplanisessentialforanybusinessincluding,ofcourse,herown.Ireviewwheremyplanwaslastyear.Imeasuremyselfagainstit.ThenIlookatwhereIwanttogo.Thatgivesmedirectionforthefullyear.IfIdonthavethatdirection,itslikegoingonatripwithoutamapandyourenotsurewhereyouregoing.Sothebusinessplantomeisessentiallyamapforyourbusinessastowhereyouregoingtogo.EntrepreneurT.W.Fitzgeraldagreesthatabusinessplanistheverybestwaytogetstarted.WhenyoudoabusinessplanitsalmostyourguaranteethatyourbusinesswillsucceedbecauseyougofromAtoZinfiguringouteveryaspect:howmuchmoneyyouneed;howmanypeopleyoullneed;whetheryoullneedpeople.Itgivesyouawayofpredictingwherethebusinessmaygosoyoucanpositionyourselftorespondintelligentlyandusetheleastamountofmoney.Ms.Fitzgeraldsaysthatifabuddingentrepreneurdoesnthavemuchmoney,abusinessplanbecomesevenmorecriticalbyhelpingtousethelimitedresourcesintheverybestway.Shepointsoutthatabout46percentofbusinessesintheUnitedStatesoperatewithoutabusinessplan.These,shesays,arethecompaniesatgreatestriskoffailing.Andinanincreasinglyglobalmarketplace,shesaysonepersonsgreatideatodaymaybetenotherpeoplesgreatideatomorrow.Thoseusingbusinessplansaremostlikelytobeatouttheircompetitors.PartVDoyouknow.?ExerciseA.Keys:Paragraph1.1)802)100Paragraph2.1)oldest2)largest3)fastest4)growing5)19196)school7)hours8)organized9)operated10)forming11)LocalParagraph3.1)developed2)shares3)materials4)produced5)profits6)owned7)business8)operateParagraph4.1)19742)classrooms3)programs4)55)186)27000007)85000Paragraph5.1)52)113)Volunteer4)main5)rules6)organized7)made8)sold9)economy10)money11)industry12)trade13)families14)communitiesParagraph6.1)122)143)business4)expert5)Project6)economic7)theories8)supplydemand9)corporations10)worldtradeParagraph7.1)122)143)Economics4)leaving5)completing6)continuing7)game8)jobs9)education10)money11)get12)earn13)need14)want15)high16)schoolTapescriptAnorganizationintheUnitedStateshasbeenteachingyoungpeopleabouttheAmericanbusinesssystemforalmost80years.Nowweoperateinmorethan100othercountries.JuniorAchievementistheworldsoldest,largest,andfastestgrowingeconomiceducationalorganization.Itbeganin1919inSpringfi
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