GRE考试经典考前必读阅读试题1

阅读一直是考试的难点，也是很多同学的痛点，想要提高阅读分数，我们就要在备考期间做大量的复习，做到孰能生巧之后才能更好的掌握知识点，今天小编就为大家更新了阅读试题，在坦途网GMAT考试频道还有更多内容和GMAT考试时间，现在我们就先看看这篇吧！

Findings from several studies on corporate mergers and acquisitions during the 1970’s and 1980’s raise questions about why firms initiate and consummate such transactions. One study showed, for example, that acquiring firms were on average unable to maintain acquired firms’ pre-merger levels of profitability. A second study concluded that post-acquisition gains to most acquiring firms were not adequate to cover the premiums paid to obtain acquired firms. A third demonstrated that, following the announcement of a prospective merger, the stock of the prospective acquiring firm tends to increase in value much less than does that of the firm for which it bids. Yet mergers and acquisitions remain common, and bidders continue to assert that their objectives are economic ones. Acquisitions may well have the desirable effect of channeling a nation’s resources efficiently from less to more efficient sectors of its economy, but the individual acquisitions executives arranging these deals must see them as advancing either their own or their companies’ private economic interests. It seems that factors having little to do with corporate economic interests explain acquisitions. These factors may include the incentive compensation of executives, lack of monitoring by boards of directors, and managerial error in estimating the value of firms targeted for acquisition. Alternatively, the acquisition acts of bidders may derive from modeling: a manager does what other managers do.

33. According to the passage, during the 1970’s and 1980’s bidding firms differed from the firms for which they bid in that bidding firms(事实题)

A. tended to be more profitable before a merger than after a merger

B. were more often concerned about the impact of acquisitions on national economies C. were run by managers whose actions were modeled on those of other managers D. anticipated greater economic advantages from prospective mergers

E. experienced less of an increase in stock value when a prospective merger was announced

34. It can inferred from the passage that the author would be most likely to agree with which of the following statements about corporate acquisitions? (信息题)

A. Their known benefits to national economies explain their appeal to individual firms during the 1970’s and 1980’s.

B. Despite their adverse impact on some firms, they are the best way to channel resources from less to more productive sectors of a nation’s economy.

C. They are as likely to occur because of poor monitoring by boards of directors as to be caused by incentive compensation for managers.

D. They will be less prevalent in the future, since their actual effects will gain wider recognition.

E. Factors other than economic benefit to the acquiring firm help to explain the frequency with which they occur.

35. The author of the passage implies that which of the following is a possible partial explanation for acquisition behavior during the 1970’s and 1980’s? (事实题)

A. Managers wished to imitate other managers primarily because they saw how financially beneficial other firms’ acquisitions were.

B. Managers miscalculated the value of firms that were to be acquired.

C. Lack of consensus within boards of directors resulted in their imposing conflicting goals on managers. D. Total compensation packages for managers increased during that period.

E. The value of bidding firms’ stock increased significantly when prospective mergers were announced.

今天的阅读试题小编就给大家介绍到这里了，看完这篇文章是不是会发现自己的不足之处呢？做模拟试题就是这么一个过程，不断发现自己的不不足，不断的改变完善自己，小编会持续给大家更新最新资讯和考试内容，想要有更多了解的就到坦途网来找小编吧！相信小编会给大家一个满意的答复！希望在2019年的GMAT考试中大家能去的优异的成绩！