商務(wù)專業(yè)英語試卷及答案

1、商務(wù)專業(yè)英語試卷及答案（1）ITrueorFalseQuestions.(1pointeach,25pointstotal)1. Organizationcanbecategorizedbyactivity,namely,basedonturnover,assets,numberofemployees.2. Theaimoforganizationsistogenerateoutputswhichhaveagreatervaluethanthelaborusedup.F3. Objectivesmustbequantifiableandspecific.4. Crisismanagementd

2、escribeshowthemanagersprepareforandreacttoasuddenchange.5. Soletraderisanindividualwhoownsthebusiness.6. Workerco-operativesetuptobenefitconsumers.7. PublicsectororganizationsareownedordirectedbytheGovernment.8. TheoryYmanagersseemtobelievethatemployeesarelazy,donotwanttowork,havetobecontrolledandmo

3、nitored.the9. PrivatelimitedcompaniesmuststatetheextenttowhichtheycomplywithCadburyCodesofBestPracticeintheirannualreport.10. Theissuedsharecapitalcannotbegreaterthantheauthorized.11. BisanassociatecompanyofAifAhasbetween20and50%ofthesharesofB.12. Afranchisorbuystherighttouse/sellaproductorserviceto

4、afranchiseeinreturnforafixedfeeand/orpercentageoftheturnover.13. Mergeroccurswhentwoormorefirmsjointogether,itmightbethroughamergeroratake-over.14. Synergyistheideathatwhentwocompaniesjointogether,overallperformancewilbeworsethanthesumofthetwofirmsindividually.15. Microenvironmentarefactorsbeyondthe

5、immediateenvironmentofthefirm.16. Nichemarketisasmallpartofthemarketwhichmajorproducersareconcernedwith.17. Stagesoftheproductlifecycleincludedevelopment,introduction,growth,maturityanddecline.18. Marketpenetrationattemptstogainagreatershareofanewmarket.19. Focusofpullstrategyisonconsumers,byappeali

6、ngtoconsumersdirectly.20. Thelessthevalueoftheadvertisingelasticity,thegreatertherelationshipbetweenadvertisinganddemand.F21. Accountsprovidenumerateinformationtohelpdecisionmaking.22. Daytodayfinanceoftheorganization=currentassets+currentliabilities23. GDPshowshowmuchhasbeenearnedwithinacountry.24.

7、 TheMultiplierisbasedontheideathatoneperson'sspendingisanothersincome.25. Contribution=revenuevariablecostsTnAnswertheFollowingQuestions(5pointseach,30pointstotal)26. Whatarethemainelementsofbusinessplan?27. Whatisamerger?Andwhymerge?28. Whatarethereasonsforbecomingmultinational?29. Howdosmallfi

8、rmssurvive?30. Howtoimprovecashflow?31. UseadiagramtoillustrateBreakEvenOutputandMarginofSafety.mCalculations(8pointsfor32nd,16pointsforthe33rd,24pointstotal)32. MethodsofinvestmentappraisalPleasecalculatePaybackandARRaccordingtothefollowingtable.Note:Payback:thisisthelengthoftimeittakesforthefirmto

9、recoupitsinitialinvestment.Averagerateofreturn(ARR):thisistheaverageprofitperyearasapercentageoftheinitialinvestment.Ye£DiscountCalculPresent33.Ratioscomparesfigureanotherinandrelativearfactorsationvalue0(201.000(200)X(200)1500.90950>0.945.45092500.82650>0.841.302631000.751100>0.75.10R

10、atiosanalysisonewithtoplaceitcontextassessits75141600.683160>0.109.28683importance.Ithelpsanalysedataandaidsdecisionmaking.PleasecalculateAssetTurnover,ProfitMargin,AcidTestandGearingaccordingtothefollowingaccounts.Balance-sheetAsat彳7討June2008190ProfitandlossFixedassets§urrentassetstocksDebt

11、orsCashLess,CurrentliabilitiesAssetsforending2008悔儒e£(oremploynetassIssuedsharecapitalof11sharesReservesLongtermiabifltiesCapitalemployed106420102001005050200Turnover(orsales)CostofsalesGrossprofitExpensesOperatingprofitNonoperatingincomeProfitbeforeinterestandtaxInterestpayableTaxProfitattribu

12、tabletoordinaryshareholdersDividendsRetainedprofit40030010080200204115105Answers:4.F5,T9.T10,F14.F15,F19.T20,F24.F25,TITrueorFalseQuestions1.T2,T3,F6.T7,T8,F11.T12.F13,T16.F17.T18,F21.T22.F23,FnQuestions26. Toemployers:channelofcommunication;canhighlighthumanresourceimplicationsofanyaction;provideid

13、eas/information.Toemployees:providepower;provideadvice;provideservices;provideprotection.27. Factorsafirmcancontrol,butwhichrestrictitsabilitytoachieveitsobjectives.Includingfinance,marketing,humanresourcesandproduction.28. Reasonsforbecomingmultinational:tomakeuseofresourcesabroad;tobeclosertomarke

14、ts;toavoidlegislationintheirowncountrywhichmaypreventfirmsgettingtoobig;togaintaxadvantagesorgrantsfromoverseasgovernments;weakensofdomesticunionsbyspreadingbasesaroundtheworld.29. Advantages:Minimizesstockholdingcosts;Moneynottiedup;Focuseseffortonqualityasfinishedgoodssenttocustomerimmediatelynotl

15、eftinstock.30. Typesofbudget:Salesbudget:setssalesestimatesforeachproductintermsofnumberofunits.Productionbudget:setsoutputtargets.Cashbudget:cashflowforecast.31.Masterbudget:summariesestimatedincome,expenditure,andprofit.stCoRevenue£TotalrevunuePrice.xquanfOdnWt.tsoaricosaFixedcostsl嫡5單ble.Bre

16、akeven.32outpMPayback=3yearssafetyCalculationsarginPresentoutp(£50inyear1+£50inyear2+1100inyear3)=2200initialoutflowARR=20%Totalinflows=50+50+100+160=£360Initialcost=200Overallreturn=netinflowsinitialcost=£360-£200=£160numberAveragereturnperyear=overallreturnofyears=£160/4=£40peryearAverageRateofReturn(%)=(averagereturnperyear+initialcost)x100=(40+200)x100=20%33.(%)=(profitbe