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classreview-lectureone.doc
Class Review
Lecture One
Vocabulary
1. Meaning
Forms of Business Ownership (企业产权形式)
Sole proprietorships (个人企业)
corporations(公司)
Strategic (long-range) planning战略规划
Tactical (short-range) planning 短期规划
Contingency planning 应急计划
Assignment of tasks任务分配
Departmentalization 部门划分
Allocation of resources 资源分配
Directing 领导
Autocratic Leadership 专制型领导
Democratic Leadership 民主性领导
Figurehead 名誉领袖
Liaison 联络员
Monitor 侦察者
Disseminator 传播者
Spokesman 发言人
Entrepreneur 企业家
Negotiator 谈判者
2. Word inflection 词语变形
Liable----liability
Corporate --- corporation
Stable --- stability
Strategic --- strategy
Tactical ---- tactic
Contingent --- contingency
Assign---assignment
Department --- departmentalization
Allocate --- allocation
Negotiate --- negotiator
Multiple Choices:
1. The easiest way to become your own boss is to set up .
A. a sole proprietorship
B. a partnership
C. a corporation
2. My brother-in-law and I want to start a small vacuum cleaner repair shop as partners. We want to keep our investment cost down. We should organize .
A. through an informal handshake
B. a corporation
C. a partnership
3. A good reason to consider starting a business with a partner is .
A. your partner will take one-half the responsibility for all liabilities
B. partners with complementary skills can enhance the success of a business
C. partners can take part in the management of the firm or act on behalf of the company
4. What type of business finds it much easier to raise money?
A. A sole proprietorship
B. A partnership
C. A corporation
In what specific sequence do managers perform their function to help achieve company goals?
Controlling, planning, organizing, directing
Directing, controlling, planning, organizing
Organizing, directing, controlling, planning
Planning, organizing, directing, controlling
When an organization’s CEO sets a goal for each division, he or she is mainly engaged in what managerial function?
A. Staffing B. Planning C. Organizing D. Controlling
Plannin
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