Questions 下列各 ·Read the article below about Assets and Processes． ·Choose the best word or phrase to fill each gap from A，B，C Or D on the opposite page． ·For each question(19·33)，mark one letter(A，B，C or D)on your Answer Sheet． ·There is an example at the beginning(0)． Assets and Processes World competitiveness also analyzes how nations combine assets and processes in the management of competitiveness. Some nations can be rich (19)_______assets- land, population, natural resources, etc. (20)_______ not necessarily competitive, e. g., Brazil, India and Russia. On the other hand, there are nations such as Singapore, Japan and Switzerland which are (21)_______in traditional assets (22) __________ they are very competitive. They have (23)_______what economists call 'the transformation process'. Japans performance illustrates this situation well. Since 1950, the nation has (24) __________only four Nobel Prizes in exact science and economics, (25)_______to 164 awarded to the US and 44 to Britain. In fact, none of the fundamental technological (26) __________ which have changed our business lives have been discovered in Japan. The transistor, the robot, the video recorder, the computer, the fax, the compact disk, the color TV- all have been invented by companies in the US and Europe. The Japanese, however, have been extremely successful in (27)_______hese products: they have (26)_______in the ability to transform. an idea (29) _______a product or service more cheaply, more quickly and more effectively than their competitors. In other words, Japans competitiveness is process based. The 1996 World Competitiveness Yearbook carefully distinguishes between competitive-ness which (30)_______ from a nations assets and that which is achieved through process. This crucial distinction is important, (31)_______ the future seems to belong to those nations that master the transformation process (indeed, some economists refer to 'the spell of natural resources' to describe the fate of asset-rich nations that be-come complacent). Companies usually use a similar strategy, (32)_______they focus on the value added that is generated by (33)_______ processes as quality, speed, order fulfillment, mass customization, and customer satisfaction, etc.