6.11阅读周测
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:Text 3 In his book The Tipping Point, Malcolm Gladwell argues that"social epidemics"are driven in large part by the actions of a tiny minority of special individuals, often called influentials, who are unusually informed, persuasive, or well connected. The idea is intuitively compelling, but it doesn't explain how ideas actually spread. The supposed importance of influentials derives from a plausible-sounding but largely untested theory called the "two-step flow of communication":Information flows from the media to the influentials and from them to everyone else. Marketers have embraced the two-step flow because it suggests that if they can just find and influence the influentials, those select people will do most of the work for them. The theory also seems to explain the sudden and unexpected popularity of certain looks, brands, or neighborhoods. In many such cases, a cursory search for causes finds that some small group of people was wearing, promoting, or developing whatever it is before anyone else paid attention. Anecdotal evidence of this kind fits nicely with the idea that only certain special people can drive trends. In their recent work, however, some researchers have come up with the finding that influentials have far less impact on social epidemics than is generally supposed. In fact, they don't seem to be required at all. The researchers' argument stems from a simple observation about social influence: With the exception of a few celebrities like Oprah Winfrey-whose outsize presence is primarily a function of media, not interpersonal, influence-even the most influential members of a population simply don't interact with that many others. Yet it is precisely these non-celebrity influentials who, according to the two-step-flow theory, are supposed to drive social epidemics, by influencing their friends and colleagues directly. For a social epidemic to occur, however, each person so affected must then influence his or her own acquaintances, who must in turn influence theirs, and so on; and just how many others pay attention to each of these people has little to do with the initial influential. If people in the network just two degrees removed from the initial influential prove resistant, for example, the cascade of change won't propagate very far or affect many people. Building on this basic truth about interpersonal influence, the researchers studied the dynamics of social influence by conducting thousands of computer simulations of populations, manipulating a number of variables relating to people's ability to influence others and their tendency to be influenced. They found that the principal requirement for what is called"global cascades"- the widespread propagation of influence through networks-is the presence not of a few influentials but, rather, of a critical mass of easily influenced people.
Q2:31.By citing the book The Tipping Point, the author intends to
Q3:32.The author suggests that the "two-step-flow theory"
Q4:33. What the researchers have observed recently shows that
Q5:34. The underlined phrase "these people"in Paragraph 4 refers to the ones who
Q6:35.What is the essential element in the dynamics of social influence?
:Text4 Bankers have been blaming themselves for their troubles in public. Behind the scenes, they have been taking aim at someone else: the accounting standard-setters. Their rules, moan the banks, have forced them to report enormous losses, and it's just not fair. These rules say they must value sonne assets at the price a third party would pay, not the price managers and regulators would like them to fetch. Unfortunately, banks'lobbying now seems to be working. The details may be unknowable, but the independence of standard-setters, essential to the proper functioning of capital markets, is being compromised. And, unless banks carry toxic assets at prices that attract buyers, reviving the banking system will be difficult. After a bruising encounter with Congress, America's Financial Accounting Standards Board (FASB)rushed through rule changes. These gave banks more freedom to use models to value illiquid assets and more flexibility in recognizing losses on long-term assets in their income statements. Bob Herz, the FASB's chairman, cried out against those who "question our motives."Yet bank shares rose and the changes enhance what one lobbying group politely calls"the use ofjudgment by management." European ministers instantly demanded that the International Accounting Standards Board (IASB)do likewise. The IASB says it does not want to act without overall planning, but the pressure to fold when it completes its reconstruction of rules later this year is strong. Charlie McCreevy, a European commissioner, warned the IASB that it did"not live in a political vacuum"but"in the real world"and that Europe could yet develop different rules. It was banks that were on the wrong planet, with accounts that vastly overvalued assets. Today they argue that market prices overstate losses, because they largely reflect the temporary illiquidity of markets, not the likely extent of bad debts. The truth will not be known for years. But banks'shares trade below their book value, suggesting that investors are skeptical. And dead markets partly reflect the paralysis of banks which will not sell assets for fear of booking lossess, yet are reluctant to buy all those supposed bargains. To get the system working again, losses must be recognized and dealt with. America's new plan to buy up toxic assets will not work unless banks mark assets to levels which buyers find attractive. Successful markets require independent and even combative standard-setters. The FASB and IASB have been exactly that, cleaning up rules on stock options and pensions, for example, against hostility from special interests. But by giving in to critics now they are inviting pressure to make moreconcessions.
Q7:36.Bankers complained that they were forced to
Q8:37.According to the author,the rule changes of the FASBmay resultin
Q9:38.According to Paragraph 4, McCreevy objects to the IASB's attempt to
Q10:39. The author thinks the banks were"on the wrong planet"in that they
Q11:40. The author's attitude towards standard-setters is one of
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