商业竞争

As the participants of Market Economy, commercial banks should follow the principle of cordiality and keeping faith.

商业银行作为参与市场竞争的主体，同样需要遵循诚实守信的经营原则。

In today's hyper-competitive business world, many law firms and businesses covet studen...

在当今竞争激烈的商业世界里，许多律师事务所和企业觊觎既有博士和工商管理硕士学位的学生。

It was in the cities that the elements that can be associated with modern capitalism first appeared--the use of money and commercial paper in place of barter, open competition in place of social deference and hierarchy, with an attendant rise in social disorder, and the appearance of factories using coal or water power in place of independent craftspeople working with hand tools.

正是在城市中首先出现了能够与现代资本主义相关联的因素—货币和商业票据的使用代替了实物交易；开放的竞争代替了社会顺从和等级制度，而随之而来的是社会秩序的紊乱；出现了以煤和水为动力的工厂，取代了利用手工工具的独立手工业者。

Then positively ana.lyzed transmission effect of monetary policy of China in recent years, and with relative theories, discussed rr~ore deeply the existing principal problems on transmission mechanisms of monetary policy in our state under the realistic institutional situation of economy and finance:(1)Monetary policy tools lag behind the economic and financil background;(2)Separated and uneven money markets, the lack of transaction agents and defect in the relation between money markets and c~potal markets, have rendered the transaction of monetary policy lack on effective channel;(3)over-speculating, illegal operation and insufficient competition have severely weakened the transmission fumction;(4) systematic defect of state -owned commercial bank, asymmetry between financial and economic composition have made monetary policy lose an effective carrier;(5) factors beyond the financial system, such as soft cornstraint over state - owned enterprises policy decision, imperfect social insurance system, etc.

接下来对我国近年来的货币政策传导效果进行了实证分析，在此基础上运用相关传导机制理论并结合我国实际经济、金融制度与环境论述了我国当前货币政策传导机制的主要问题：（1）货币政策工具相对于经济、金融环境显得落后；（2）货币市场的分割、不平衡、交易主体不全以及货币市场与资本市场的联系机制缺位使得货币政策缺乏一个有效的场所；（3）资本市场特别是股票市场的过渡投机、违规操作以及不充分竞争严重地削弱了证券市场的传导功能；（4）国有商业银行现行体制的缺陷，金融结构与经济结构的非对称使得货币政策传导受阻；(5)金融体系外的因素（如国企决策行为软约束、社会保障制度不健全）。

Then positively ana.lyzed transmission effect of monetary policy of China in recent years, and with relative theories, discussed rr~ore deeply the existing principal problems on transmission mechanisms of monetary policy in our state under the realistic institutional situation of economy and finance:(1)Monetary policy tools lag behind the economic and financil background;(2)Separated and uneven money markets, the lack of transaction agents and defect in the relation between money markets and c~potal markets, have rendered the transaction of monetary policy lack on effective channel;(3)over-speculating, illegal operation and insufficient competition have severely weakened the transmission fumction;(4) systematic defect of state -owned commercial bank, asymme try between financial and economic composition have made monetary policy lose an effective carrier;(5) factors beyond the financial system, such as soft cornstraint over state - owned enterprises' policy decision, imperfect social insurance system, etc.

接下来对我国近年来的货币政策传导效果进行了实证分析，在此基础上运用相关传导机制理论并结合我国实际经济、金融制度与环境论述了我国当前货币政策传导机制的主要问题：（1）货币政策工具相对于经济、金融环境显得落后；（2）货币市场的分割、不平衡、交易主体不全以及货币市场与资本市场的联系机制缺位使得货币政策缺乏一个有效的场所；（3）资本市场特别是股票市场的过渡投机、违规操作以及不充分竞争严重地削弱了证券市场的传导功能；（4）国有商业银行现行体制的缺陷，金融结构与经济结构的非对称使得货币政策传导受阻；(5)金融体系外的因素（如国企决策行为软约束、社会保障制度不健全）。

Part of the problem of the Great Depression was thought to be because of commercial banks and other types of depository institutions were competing for customer deposit by offering higher rates of interest.

大萧条的部分原因被认为是商业银行和其它类型的存款机构对客户存款以提供较高利率的方式进行竞争的结果。

Previous studies have debated over the issue and mainly dichotomize the Sino-foreign business relationship in terms of competition.

过去的研究为此曾经进行辩论，并以双互之竞争为题而把中外商业关系加以二分化。

Nevertheless, China's commercial banks face challenges of their own, including an over extended branch network and related overhead costs, impending additional deregulation in China, potential disintermediation of the banks as China's domestic capital markets develop, a slowing Chinese economy, and foreign competition. In the international marketplace, they lack experience and management skills.

不过，中国的商业银行同样面临挑战，其中包括过度扩张的分支机构网以及相关的营业间称本、中国境内外资管制的即将撤销、随中国资本市场发展而产生的银行脱媒风险、中国经济发展趋缓以及海外竞争压力增大；而从国际化市场的角度看，中资金融机构不仅缺乏经验，还缺乏管理技能。

The article is discussed the selection of distributer and management strategy as the view of building material enterprises based on CRM.

而当今激烈竞争的商业世界里，无论如何强调企业与客户建立关系、维持关系与发展关系得重要性都不过分。

Example: We suspected the fast-talking consultant of double-dealing when we learned that he made fequent visits to our competitor's main office.

当我们听说他频繁地拜访竞争对手的办公室时，我们怀疑这位说话很快的顾问可能有不道德的商业行为。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。