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Aggressive companies create the worst performance. 3. On the influence of market evaluation based on corporate management style, in light of profit and loss in market evaluation, conservative companies have better P/E than aggressive ones; in light of balance sheets, there is no significant difference in P/B among overall samples under ANOVA analysis. That is, P/B does not contain explanative capability in terms of market evaluation.

企业管理风格对其市场评价的影响，在市场评价方面若以损益表角度来观之，整体样本之保守型公司的本益比优於积极型公司；市场评价若以资产负债表方面来观之，股价净值比在整体样本进行ANOVA分析却无显著差异存在，也就是说在股价净值比在市场评价方面不具有解释能力。

The market environment is changing from a seller's market to a buyer's market, and the customers themselves are also changing, the enterprises are competing more fierily than before. We can say that changes are not only ubiquitous, but continuously.

企业市场经历着从卖方市场到买方市场的变化，企业面临的竞争和顾客本身也在变化，可以说变化不仅无所不在，而且持续不断。

Market fractionize and target market option are the main base that formulates market sale strategy.

市场细分和目标市场选择是制定市场营销战略的重要基础。

Monetary resources is gainable, which causes itself expansion, contraction and introduces the capital market gap which effect the monetary resources to increase the capital market bubble burst and make the market expansion and evaporation.

货币资源的可增值性为货币资源的膨胀、萎缩，提供了必要前提，资本市场的虚拟性又为资本市场泡沫和市值的蒸发提供了条件，资本市场上经常出现的缺口，通过进一步影响货币资源，催化资本市场泡沫的增大与破灭，市场的膨胀与蒸发。

The first chapter mainly talks on the significance of the transfering from the early hundredal market to the lords charter market, as well as the model of justice and economic management in the rural market.

第一章主要探讨了乡村市场从早期百户市场向领主特许状市场过渡的意义以及乡村市场在司法与经济上的管理模式。

The first part of this paper is to analyse the development trend of China auto market especially family car from the aspects of macro-economic environment, the competitive structure and the development situation of China auto industry, following analyse and forecast the demand trend of auto industry especially family car in 2003 based on auto market demand, requirement incensement and market structure.

本报告的前半部分，主要是从宏观经济环境，中国汽车产业的竞争格局，中国汽车产业的发展形势等几个方面分析了中国汽车产业特别是家用轿车的发展趋势，接着从市场规模，市场增量和市场结构几个方面分析和预测了 2003 年汽车市场特别是家用轿车市场的购买分析。

At present, China has been the largest country which has the farthest increscent potential on consuming electronic products in the earth, the largest market of mobile telephones, the third largest PC market, and will be the second largest semiconductor market in the whole world in the future 5 years.

目前，中国已成为全球增长潜力最大的电子产品消费大国：全球最大的移动电话市场、第三大PC市场，未来五年还将成为全球第二大半导体市场。

The new stock issuing market is an important component of the stock market, it is called primary market.

而新股发行市场又是股票市场的重要组成部分，被称为一级市场，在股票市场中处于基础性地位。

After the comparative analysis between Shanghai and Shenzhen stock market, we discovery that Shanghai Stock market and Shenzhen Stock market all display the strong cluster effect, leverage effect and leptokurtic effect.

对深、沪股市进行的比较分析发现，上海股市和深圳股市都表现出明显波动聚集性、非对称性和尖峰厚尾性。

Firstly,Shanghai and Shenzhen stock return time series do not follow normal distribution,it presents leptokurtic and fat-tails;secondly,it is characteristic of long memory,non-linear,persistence and Non-periodic Cycle,which are obviously fractal market Features;finally,we discuss the chaotic dynamic characteristics of tow market,witch can prove the fact of fractal market from the side.

首先，沪深股市的收益率时间序列波动不服从正态分布，而是存在尖峰、胖尾和右偏的特征；其次，序列具有状态持续性，统计自相似性，非周期循环长度，等分形特征；最后，对两市的混沌动力学特征进行了初步探讨，从侧面印证两市为分形市场。

You can do some assertiveness training.

你可以进行一些自信训练。

We were well on the path to making a rear-wheel-drive global platform," says Mays."

我们正致力于建立一个后轮驱动的平台，"Mays这样说道。"