Chapter 1 单元测试

1、单选题：
‎_____ not only provide factors of production (or resources) but also consume goods and services.‏
选项：
A: Suppliers
B: Nonprofits
C: Entrepreneurs
D: Households
答案: 【 Households】

2、单选题：
​When government-owned businesses convert to private ownership, they go through a process called _____.‌
选项：
A:  consumerization
B: socialization
C: domestication
D: privatization
答案: 【 privatization】

3、单选题：
‌The free market system was espoused by _____ in his book The Wealth of Nations.‏
选项：
A: Joseph Smith
B: Eli Whitney
C: Adam Smith
D:  Benjamin Franklin
答案: 【 Adam Smith】

4、单选题：
‏Product differentiation can be achieved by _____.‏
选项：
A: geographical circumstance
B: pricing
C: perceived value
D: all of these
答案: 【 all of these】

5、单选题：
‍Under _____ competition, many sellers sell differentiated products that serve similar purposes.‌
选项：
A: monopolistic
B: perfect
C: capitalistic
D: free market
答案: 【 monopolistic】

6、单选题：
​Because they operate in a(n) _____ industry, a fare decrease at American Airlines will likely result in decreases at Continental, United, and other carriers.​
选项：
A: socialistic
B: monopolistic
C: oligopolistic
D: noncompetitive
答案: 【 oligopolistic】

7、单选题：
‎When sellers supply more of the product than buyers are willing to purchase, a ______ is created.‌
选项：
A: shortage
B: supply and demand schedule
C: surplus
D: demand
答案: 【 surplus】

8、单选题：
‎Businesses are more willing to sell a product when the price _____ and less willing to sell it when prices _____.​
选项：
A:  rises / rise
B: rises / fall
C: falls / rise
D: falls / rise
答案: 【 rises / fall】

9、单选题：
‏In marketing, supply and demand interact to create a(n) _____price—the price at which buyers are willing to purchase the amount that sellers are willing to sell.‍
选项：
A: equilibrium
B: gross domestic
C: optimal
D: consumer
答案: 【 equilibrium】

10、判断题：
‌Previously communist economies, such as those of Eastern Europe, are becoming more mixed as they adopt capitalist characteristics and convert previously government-owned businesses to private ownership‍
选项：
A: 正确
B: 错误
答案: 【 正确】

11、判断题：
‍Economics is the study of how scarce resources are used to produce outputs—goods and services—for distribution among people. ​
选项：
A: 正确
B: 错误
答案: 【 正确】

12、判断题：
‍Economists study the interactions between households and businesses and look at the ways in which the factors of production are combined to produce the goods and services that people need. ‎
选项：
A: 正确
B: 错误
答案: 【 正确】

13、判断题：
​In an oligopoly, each seller supplies a large portion of all the products sold in the marketplace. ‏
选项：
A: 正确
B: 错误
答案: 【 正确】

14、判断题：
‌Perfect competition exists when many consumers are buying standardized products from a few small businesses. ‍
选项：
A: 正确
B: 错误
答案: 【 错误】

15、判断题：
​The equilibrium price is a point at which buyers’ demand for a product and sellers’ supply of it are in balance.‍
选项：
A: 正确
B: 错误
答案: 【 正确】

Chapter 4 单元测试

1、单选题：
​Please select the one doesn’t belong to Management Functions.​
选项：
A: Controlling
B: Planning 
C: Operation
D: Organizing
答案: 【 Operation】

2、单选题：
‌The statement “The company forecasts sales of $20,000 and profit of $2,000 for the first 12 months of operations” is best characterized as a ____.‍‌‍
选项：
A: functional goal
B: matrix objective
C: company objective
D: quantifiable goal
答案: 【 company objective】

3、单选题：
‍A manager who mentors and develops subordinates, providing them with challenging opportunities and working one-on-one to help them meet their professional needs, is practicing a ____ leadership style.​
选项：
A: transformational
B: laissez-faire
C: autocratic
D: transactional
答案: 【 transformational】

4、单选题：
‍If you’re asking yourself whether you want to make it easy for the ownership of your new business to change hands, which of the key questions about legal form of ownership are you posing?‏
选项：
A: How much control do you want?
B: Should it be possible for the business to continue without you?
C: Do you want to share profits with others?
D: How much liability exposure are you willing to accept?
答案: 【 Should it be possible for the business to continue without you?】

5、单选题：
‌A _____ is entirely separate from the parties who own it.‌‌‌
选项：
A: corporation
B: limited partnership
C: general partnership
D: unlimited proprietorship
答案: 【 corporation】

6、单选题：
‌Under the ____ form of owners