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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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