And so...what you're noticing is a fair mount of mergers and acquisitions, meaning less efficeint businesses are collapsing into biger businesses.
所以你会看到,企业间大量的,兼并,这意味着,工作效率低下的企业,会垮台,被更大的企业吞并。
Um, because it's sports-based culture, everything is related to sports.
因为它的企业文化是基于运动的,所以一切都和运动相关。
You also saw firms that were monopolists and monopolists don't have any competitors to worry about, so that's not a particularly strategic situation.
又比如说垄断企业,垄断企业没有竞争对手,所以这也不是策略形势
In a normal--in a simple partnership, the partnership would not be taxed because it's you doing business just as partners, so you are taxed but not the partnership.
简单的合伙制企业,正常情况下是不需要缴税的,因为你是在以一个合伙人的身份来做生意,所以要对你征税而不是合伙制企业
We're selling everyday to hundreds of thousands of customers, and so it is an execution kind of business.
我们每天把产品,卖给成千上万的客户,所以也是重视执行的企业。
Your banker understands that your business can't pay the money back and that the bank has a reputation in the community of helping business people, so they won't ask for the money even though it's a short-term loan that they made to you.
他会理解,你的公司可能无法还钱,在业界里银行向来,有帮助企业家的美名,所以他们不会要求你还钱,即使他们借给你的是短期贷款
the different states want corporations to register and therefore the rules are such that they protect the corporation with the poison pills I can't get into all these different things - -stagnant boards, poison pills- and I think if you just change some of that we could be like, for instance, England is much better.
每个州都想让自己的企业注册,所以现在的规则就是,各州都用毒药丸保护企业,我不能干涉所有的这些东西,-没有进步的管理层,毒药丸-,如果你愿意改变其中一些方面的话,我们就会像,例如,英国企业的情况比美国好多了。
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