商务英语翻译复习题 英汉段落翻译

Passage 1

This trend is likely to persist, in part because it isn’t just wealth that’s moving from West to East. Each time manufacturing and services are outsourced to Asia, knowledge, technology and skills are also transferred. Professor Richard Smalley, a Nobel-Prize-winning chemist at RiceUniversity, estimated that by 2010, 90% of all Ph,Ds in physical science and engineering may be living in Asia. With economic prowess comes geopolitical power. For many countries, exports to China have replaced exports to the U.S. as engines of growth—one reason why a long-time U.S. ally likeSouth Korea is cozying up to China. Moreover, China’s appetite for raw materials is shifting political power from industrialized countries to resource-rich ones.

这一趋势很可能会持续下去，部分原因是它不仅仅是财富的由西向东流动。每次生产和服务外包到亚洲的时候，知识，工艺和技能都会随之得到转移。莱斯大学的化学家，诺贝尔奖获得者，理查德·斯麦利估计到2010年，90%的物理学和工程学可能都住在亚洲。随着经济威力的出现，地理政治力量也出现了。对于许多国家来说，对中国的出口已经取代了对美国的出口，成为其增长发动机—这也是一些美国的长期同盟国，如韩国，开始奉承中国的原因。而且，中国对原料的需求正在将政治力量从工业化国家像资源丰富的国家转移。

Passage 2

There is no 1 best corporate culture. An optimal culture is one that best supports the mission and strategy of the company of which it is a part. This means that, like structure and staffing, corporate culture should support the strategy. Unless strategy is in complete agreement with the culture, any significant change in strategy should be followed by a modification of the organization’s culture. Although corporate culture can be changed, it may often take a long time and it requires much effort. A key job of management involves managing corporate culture. In doing so, management must evaluate what a particular change in strategy means to the corporate culture, assess if a change in culture is needed, and decide if an attempt to change the culture is worth the likely costs.

最好的企业文化是不存在的。一个理想的文化对所在公司的任务和策略能够给予最好的支持。也就是说，企业文化像公司的组织机构和职员一样能支撑其策略的实施。除非策略与文化达到完全统一，否则在策略上所做的任何重大改变都会导致组织文化的变化。虽然企业文化可以改变，但这可能需要很长的时间，也要花费大量的精力。管理的一个重要工作就是管理企业文化。这就是说要评价一个特定的策略改变对企业文化意味着什么，评估文化是否也需要改变，并且决定是否值得做这样的改变。

Passage 3

Many investment managers devote their time and energy to seeking out profitable investments from which they hope to earn more than the equity premium return offered by the overall market. They operate on the belief that they know more than the sellers from whom they buy—and therefore will be able to buy low. Or when they are selling, they will know more than the buyers to whom they sell—and therefore will be able to sell high. This may have been realistic for numerous investors many years ago, but it is a more questionable strategy in today’s market where the prices of stocks are set by the trading of sophisticated, informed, professional investors managing the funds of large institutions.

许多投资经理人将自己的时间和经理投入与寻求有利可图的投资，从中他们希望获得比整个市场提供的股权溢价回收更多的利润。他们相信自己比那些向他们卖出东西的卖方了解更多，因而他们可以低价购进。或者，当他们在卖东西的时候，他们会比买方了解得