141.Pac Man defense¹ ：帕克曼防卫 17
An attempt to prevent a hostile takeover in which a targeted company bids to take over the hostile firm.
被定为兼并对象的公司通过出价收购敌对公司，从而阻止其恶意收购。
The out-throat 1980s made strategies like Pac Man defense essential to companies who wanted to survive a hostile takeover.
在竞争残酷无情的80年代，对于那些希望躲过恶意兼并的公司来说，帕克曼防卫之类的战略手段太重要了。
142.Paper profit ：纸上盈利
An unrealized profit due to appreciation² in value of something owned but not yet sold.
对拥有的某种商品进行估价而计算出来的利润，因为商品没有出手，利润尚未实现。
Jack’s business showed a paper profit last year simply due to the appreciation.
因为评估了公司的所有的资产，去年杰克的生意才有纸上盈利。
143.paradigm³ shift ：改组
A term by a CEO to inform his company that there will be major changes made.
公司总裁通知公司上下将有重大变化时所用的词。
The CEO of a major computer software manufacture announced a paradigm shift to his executives today.
一家大型软件生产商的总裁今天宣布要对其管理人员进行改组。
144.Peter Principle ：彼得原则
A statement that every employee in a hierarchy⁴ tends to rise to the level of his or her incompetence⁵.
一种认为在等级森严的公司里，每个职员都想升到其无法胜任的位置的说法。
The term “Peter Principle” has become quite popular among the American work force.
在美国的劳动力大军里，常可听到”彼得原则”这个术语。
145.poison pill ：反兼并手段，毒丸
Any of various methods devised by a company to thwart⁶ a hostile takeover attempt, such as by issuing new stock or instituting a generous package of employee benefits, which would prove costly⁷ to a potential acquirer.
公司为挫败敌意兼并所采取的各式各样的方法，如发行新股票，为雇员制定慷慨的福利计划。这会使潜在的兼并者感到代价昂贵而放弃兼并。
146.power lunch ：事务餐
A business lunch where food is an afterthought to intense dealmaking and negotiation⁸.
在工作午餐上，忙于紧张的交易和谈判而顾不上吃饭。
We’re discussing the possibilities of a company merger⁹ over a power lunch this afternoon.
今天下午我们在事务餐上讨论了公司合并的可能性。
147.productivity ：生产力
A measure of ability to produce output from given input¹⁰
一定投入得到产出的能力的衡量尺度。
Productivity at the XYZ company was up slightly this month over last.
XYZ公司本月的生产比上月略有提高。
148.quality control ：质量管理
Techniques used to eliminate defective¹¹ products or to improve performance standards and practices.
采用技术以消除次品，或提高经营水平。
No company can afford to neglect quality control if they wish to remain competitive in the new global economy.
任何一家公司要想在新的全球经济中保持竞争力，就不得不重视质量管理。
149.raw goods ：原材料商品
Materials gathered in original state from nature for use in production.
源于自然，收购来用于生产的原始材料。
Knowledge and information are becoming the most valuable assets to a company while raw goods are becoming less and 18
less valuable.
知识和信息正成为公司最有价值的资产，而原材料商品的价值越来越低。
150.recession ：衰退
A period of no growth in the national economy for at least six months.
国民经济在至少6个月的时间里没有任何增长。
A recession is characterized by a decreased demand for goods, increased unemployment, and decline in the gross national product.
衰退的特点是需求下降，失业增加，国民生产总值减少。

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