shore up prices
简明释义
维持价格
英英释义
To take actions or implement measures that support or stabilize the prices of goods or assets, often to prevent them from falling. | 采取行动或实施措施,以支持或稳定商品或资产的价格,通常是为了防止其下跌。 |
例句
1.In an effort to shore up prices, local farmers organized a cooperative to market their produce collectively.
为了支撑价格,当地农民组织了一个合作社,共同销售他们的农产品。
2.The government implemented new tariffs to shore up prices in the agricultural sector.
政府实施了新的关税以支撑农业部门的价格。
3.Investors are hoping that the central bank will take action to shore up prices in the housing market.
投资者希望中央银行采取行动来支撑房地产市场的价格。
4.To combat falling oil prices, OPEC decided to shore up prices by cutting production.
为了应对油价下跌,欧佩克决定通过减产来支撑价格。
5.The company announced a buyback program to shore up prices of its stock.
公司宣布了一项回购计划,以支撑其股票价格。
作文
In today's volatile economic environment, businesses and governments alike are constantly seeking strategies to maintain stability and growth. One such strategy that has gained attention in recent years is the need to shore up prices (支撑价格). This phrase refers to actions taken to stabilize or increase the prices of goods and services in the market, particularly during periods of economic downturn or uncertainty. Understanding how to effectively shore up prices is crucial for both policymakers and business leaders.The importance of shoring up prices cannot be overstated. For businesses, maintaining stable prices can lead to sustained revenue and profitability. When prices fluctuate wildly, it can create uncertainty for consumers, leading them to delay purchases or seek alternatives. This behavior can further exacerbate price drops, creating a vicious cycle that is hard to escape. By implementing measures to shore up prices, businesses can instill confidence in their customers and encourage spending, which is vital for economic health.Governments also play a critical role in shoring up prices. During times of economic crisis, such as a recession or a pandemic, governments may intervene in various ways to stabilize markets. This can include monetary policy adjustments, such as lowering interest rates, or fiscal measures like providing subsidies to key industries. These interventions aim to prevent a downward spiral in prices that can lead to deflation, which is often more damaging than inflation.One effective method for businesses to shore up prices is through strategic pricing strategies. Companies can analyze market trends and consumer behavior to set prices that reflect value while remaining competitive. Additionally, firms may consider reducing production costs without compromising quality, allowing them to maintain profitability even if they choose to keep prices stable. In some cases, businesses may also engage in marketing campaigns that emphasize the quality and uniqueness of their products, justifying higher prices in the eyes of consumers.Another approach to shore up prices involves collaboration among industry players. For instance, companies within the same sector can work together to establish pricing standards or agreements that prevent excessive price undercutting. This type of cooperation can help create a more stable market environment where all players can thrive rather than compete destructively.Furthermore, external factors such as supply chain disruptions can significantly impact prices. To shore up prices, businesses should invest in building resilient supply chains that can withstand shocks. This includes diversifying suppliers, increasing inventory levels, and adopting technology to improve efficiency. By ensuring that supply chains are robust, companies can better manage costs and maintain price stability even in challenging circumstances.In conclusion, the concept of shoring up prices (支撑价格) is essential for both businesses and governments aiming to foster economic stability. By implementing effective pricing strategies, collaborating within industries, and building resilient supply chains, stakeholders can work towards maintaining price levels that benefit everyone involved. As the economy continues to evolve, understanding and applying the principles of shoring up prices will remain a critical focus for those looking to navigate the complexities of the market successfully.