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We made only one minor acquisition during 1994 - a small retail shoe chain - but our interest in finding good candidates remains as keen as ever. The criteria we employ for purchases or mergers is detailed in the appendix on page 21. Last spring, we offered to merge with a large, family-controlled business on terms that included a Berkshire convertible preferred stock. Though we failed to reach an agreement, this episode made me realize that we needed to ask our shareholders to authorize preferred shares in case we wanted in the future to move quickly if a similar acquisition opportunity were to appear. Accordingly, our proxy presents a proposal that you authorize a large amount of preferred stock, which will be issuable on terms

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Based on educed relevant conclusions, this paper finally puts forward apocalypse for China to found and develop corporate fund (analyzed from the perspective of board of directors): optimize the scale of board of directors, fully exert the function of committee subsidiary to board of directors, elect excellent fund director, stimulate optimized conduct of directors, strengthen board of directors'independence of funds, thus contributes to validity of funds'board of directors, sets up and perfects self-examine system of funds'board of directors.

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The company has workers and staff of persons among whom are managerial staff , technicians and workers in first-line.All the workers and staff are to be employed in local places. Higher management are employed by the board of directors and their wages are determined by the board of directors.

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Chairman of the board of directors：董事長(企業(yè))

行長(銀行)president of the Bank for International Settlements | 董事長(企業(yè))chairman of the Board of Directors | 董事長(學校)Chairmen of the Board of Trustees

board of governors：理事會;board of directors 董事會

9.economist 經(jīng)濟學家 | 10.board of governors 理事會;board of directors 董事會 | 11.life expectancy 預期壽命

O She has a seat on the board of(directors) of a large company：她是某大公司董事會成員之一

μ board n. (公司或其他結構)的主管人員;委員會;董事會 | O She has a seat on the board of(directors) of a large company. 她是某大公司董事會成員之一. | O a board meeting 董事會議