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What are some of the factors behind this trend? For one thing, as more women earn advanced degrees in business and enter the corporate world, they are finding obstacles. As Carolyn Doppelt Gray, an official of the Small Business Administration, has noted, "The 1970s was the decade of women entering management, and the 1980s turned out to be the decade of the woman entrepreneur". Now, however, businesses owned by women account for more than $40 billion in annual revenues, and this figure is likely to continue rising throughout the 1990s. Discrimination against women in business, the demands of caring for families, and lack of business training had kept the number of women entrepreneurs small. Until recently, most American entrepreneurs were men. The expression 'keep tabs on' in the second paragraph is closest meaning to: But the situation is challenge, there are likely to be many more Sandra Kurtzigs in the years ahead.ħ. Most businesses owned by women are still quite small. They still face hurdles in the business world, especially problems in raising money, the banking and finance world is still dominated by men, and old attitudes die hard. Of course, many women who start their own business fail, just as men often do. It now has 200 employees, and Sandra Kurtzig owns $66.9 million of stock. When these were marketed and sold, ASK began to grow.
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After she succeeded with the newspaper software system, she hired several bright computer-science graduates to develop additional programs. When Kurtzig founded the business, her first product was software that let weekly newspapers keep tabs on their newspaper carriers and her office was a bedroom at home, with a shoebox under the bed to hold the company' s cash.
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It was founded in 1973 by Sandra Kurtzig, who was then a housewife with degrees in math and engineering. Consider ASK Computer Systems, a $22-million- a-year computer software business. Now they' ve found out that isn' t going to happen, so they go out on their own.' In the past, most women entrepreneurs worked in 'women' s' fields: cosmetics and clothing, for example.
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Charlotte Taylor, a management consultant, has noted, 'In the 1970s, women believed if they got an MBA and worked hard they could become chairman of the board. Women are still excluded from most executive suites. As Carolyn Doppelt Gray, an official of the Small Business Administration, has noted, 'The 1970s was the decade of women entering management, and the 1980s turned out to be the decade of the woman entrepreneur'. Read the following passage and choose the best answer (A, B, C, D):
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