The most immediate explanation is the economic downturn: bosses are doling out ever fancier titles as a substitute for pay raises and bonuses.

造成这种现象的最直接原因应该就是经济衰退了。老板们没有钱给员工涨工资、发奖金，就给员工们一些非常华丽的职衔，使他们获得某种满足。

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Finally this paper gives a reasonable explanation for the ultimate model, and points out the problems that Chinese snack enterprises should pay attention to for improving customer satisfaction.

最后本文对最终模型进行了合理的解释，指出了中式快餐企业提高顾客满意度应注意的问题。

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They could be thinking that the explanation is a substitute for pay.

FORBES: You Won't Close Your Own Wage Gap If You Don't Know This

The generally accepted explanation for this is that those who would pay the higher income tax rates prefer munis to the other bonds and thus invest disproportionately in them.

FORBES: What Is This Nonsense That Warren Buffett Is Spouting About Taxes On Investment?

The most immediate explanation is the economic downturn: bosses are doling out ever fancier titles as a substitute for pay raises and bonuses.

ECONOMIST: Inflation in job titles is approaching Weimar levels