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[by:听力课堂～www.tingclass.net]

[00:38]competence

[00:40]The alcohol problem in this country reflects a failure of

[00:43]will and competence on the part of government department

[00:47]and quangos.

[00:01]capacity

[00:02]America's capacity utilization, for example, hit

[00:06]historically high levels earlier this year, and its jobless

[00:11]rate (5.6% in August) has fallen below most estimates

[00:16]of the natural rate of unemployment - the rate below

[00:19]which inflation has taken off in the past.)

[00:24]faculty

[00:25]One of my favorite authors, Florence Scovel Shinn, says,

[00:30]"Intuition is a spiritual faculty and does not explain, but

[00:35]simply points the way."

[00:52]intelligence

[00:54]Practicality, common sense, and native intelligence

[00:58]have been considered more noble qualities than anything

[01:01]you could learn from a book.

[01:06]adequate

[01:09]Meanwhile, the theft of information about some 40

[01:12]million credit-card accounts in America, disclosed on

[01:16]June 17th, overshadowed a hugely important decision

[01:20]a day earlier by America's Federal Trade Commission(FTC)

[01:28]sufficient

[01:29]His colleague, Michael Beer, says that far too many

[01:33]companies have applied re-engineering in a mechanistic

[01:37]fashion, chopping out costs without giving sufficient

[01:41]thought to long-term profitability.

[01:47]advantage

[01:48]To take advantage of this tool, some impoverished

[01:51]countries will have to get over their outdated anti-colonial

[01:55]prejudices with respect to foreign investment.