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The Daily Inquirer

October 8

Book Review of Anne Narazaki’s

New Century, New Business

Reviewed by John Gilliam

Anne Narazaki’s recent book, New Century, New Business, seeks to examine the new technologies that are critical for global business and how they affect today’s corporate transactions. Ms. Narazaki argues that while economic transactions of one kind or another have taken place for thousands of years, the impact of changing technology on business has become obvious only recently. In fact, as new technologies have grown more prevalent, Ms. Narazaki observes, international businesses have increased in size and number. At the same time, the time required to conduct each business transaction has decreased.

Mr. Narazaki illustrates her observations with detailed examples of recent business transactions. Citing the merger of Poynter Technologies and Carce Company, which created the largest financial services company in the world, Ms. Narazaki explains the effect technology has on the valuation of a company, on communication between the managements of different companies, and on stock and funds trading.

Those of us who take an interest in the interaction between business and technology will find Ms. Narazaki’s ideas persuasive. The view that business cannot survive without keeping up with new technology has become today’s corporate reality.

To: Anne Narazaki                Date: October 13

From: Lily Oguro

Dear Anne,

I know we haven’t spoken since our days working together at the Rosence Company in Sydney, but I’m writing to congratulate you on the publication of your first book! I happened to read the Daily Inquirer on October 8 and was pleased and surprised to come across John Gilliam’s article. You must be thrilled at getting such a great review.

It seems like ages ago we worked together in Sydney. Do you remember our office? No computers, no internet, and three phones for twenty employees. Times and businesses certainly have changed. Judging by what I have read in your book so far, I thoroughly agree with your insightful and engaging assessment of technology and business.

Are you still living in London? I’ll be making a business trip there next month. (I’m with Rotaro incorporated now). And it would be nice to see you. In any event, I am really looking forward to finishing your book.

Sincerely yours,

Lily Oguro

1. In the article, the word “critical” in paragraph 1, line 4 is closest in meaning to

A. growing

B. sensitive

C. disapproving

D. important

2. According to the article, why is the merger of Poynter Technologies and Carce Company mentioned in the book?

A. To point out the legal issues raised by new technologies

B. To show how the world’s largest computer technology firm was created

C. To indicate that large companies have advantages in the marketplace

D. To illustrate the impact technology has on transactions

3. What can be inferred about John Gilliam from his review?

A. He specializes in articles focusing on history.

B. He agrees with the ideas presented in the book

C. He hopes technology will become less important to business

D. He is training to work in corporate mergers.

4. Why did Ms. Oguro write an e-mail to Ms. Narazaki?

A. To offer her a job

B. To compliment her on her new book

C. To invite her to visit Sydney

D. To request advice on writing books

5. What does Ms. Oguro indicate about New Century, New Business?

A. It is Anne Narazaki’s first book.

B. It is published by Rotaro incorporated

C. John Gilliam helped write a section of it

D. Anne Narazaki wrote it at Poynter Technologies

Questions 6-10 refer to the following e-mail and schedule.

To:

Technical Support Team

From:

Sanchez, Hanna

Sent:

Wednesday, July 10

Subject:

Business Technologies Seminar

This message is to finalize the organizational details for the technical support team for next Monday’s Business Technologies Seminar. Attached you will find the schedule with the names of technical assigned to the various conference rooms.

Each session runs for two hours and made up of four 30-minute presentations. Presenters have been asked to designate a timekeeper to ensure that they do not exceed their time limits. Note that there is a break between each session, which should allow you sufficient time to prepare for the next speaker.

Your job is to set up microphones adjust lighting, and address any other needs of the speakers. Speakers will not be videotaped, but several have to be recorded, so please be sure the recording equipment is in place and functioning properly. Also, room 106 does not have a computer on-site, but the presentation in the third session will require one. Fortunately, this is not a big problem because neither of the laptop computers in rooms 104 and 108 will be in use at that time. The technician assigned to room 106 for that session must remember to bring the laptop from one of those other rooms to room 106 and set it up.

If you have any questions, feel free to contract me.

Henna Sanchez

Technical Support for Presentation Sessions

1st session         8:45         Adam Narozny        Julia Kovacs        Jim Dawkins

Morning break    10:45-11:00

2nd session        11:00         Maria Faustini         Julia Kovacs        Jim Dawkins

Lunch break       1:00-2:00

3rd session        2:00         Adam Narozny         Julia Kovacs        Maria Faustini

Afternoon break   4:00-4:15      Julia Kovacs         Adam Narozny       Maria Faustini

6. What is the purpose of the e-mail?

A. To change a policy

B. To inquire about a problem

C. To give instructions

D. To correct an error

7. In the e-mail, the word “address” in paragraph 3, line 1, is closest in meaning to

A. give attention to

B. write to

C. look forward to

D. call by name

8. What will the technical support team NOT do?

A. Record speakers

B. Videotape presentations

C, Check sound equipment

D. Adjust lighting

9. What problem does Hanna Sanchez mention?

A. The technicians do not have enough time between sessions

B. One of the rooms is not fully equipped for the presentations

C. One of the presentations will need to be rescheduled

D. The lighting in room 106 does not work properly

10. Who will need to move a laptop computer?

A. Adam Naraozny

B. Maria Faustini

C. Jim Dawkins

D. Hanna Sanchez