工商管理英语课后习题答案汇总

回答问题汇总(U1A-U6A)Are all corporations publicly held? Can you give some examples? 17Define “line function. 60For America, why is business both a means of livelihood and a focus of one’s life at the same time? 1How do you determine the value of a business? 71How do you determine who should be hired and who should not be hired? 46How do you make a decision among mutually exclusive projects? 76How does advertising differ from personal selling? 67How does the function of job analysis differ from that of human resource planning? 36How is base compensation system? 40How is NPV calculated? 74How might job analysis increase organizational effectiveness and efficiency? 35How should sales representatives view customers? 58How to do a job advertisement? 44How to make a good compensation system? 41Is profit maximization the primary goal of a business? Why? 70Is the supply and demand issue the only concern of pricing decisions? Why? 64Is there a best legal system? Give an example if you think there is, and explain why if you think there is not.13Usually who are involved in strategic decision making process? 27What are the “4Ps” in marketing activities? 62What are the advantages of Sole Proprietorship? 14What are the components of compensation? 39What are the differences between a limited partner and a general partner? 15What are the differences between civil law and criminal law? 12What are the differences between finance accounting? 9What are the factors that affect the optimal capital structure? 79What are the five eras of marketing identified by Perreault and McCarthy? 50What are the five eras of marketing identified by Perreault and McCarthy? 55What are the five key functions of business? 7What are the main responsibilities of a financial manager? 51What are the main responsibilities of a financial manager? 69What are the major factor affecting successful strategies? 20What are the six steps in strategic management? 19What are the stages of changing function of Human Resource Management? 32What are the steps in human resource planning? 37What are the theoretical frameworks of strategic management? 21What are the traditional activities in promotion? 65What are the two kinds of sales promotions? 68What are the two primary methods of financial forecasting? 72What does “place” mean in “4Ps”? 63What does common lay emphasize? 11What does validity mean? 48What is compensation? 38What is employee placement? 47What is Human Resource Management? 30What is job analysis? 33What is marketing`s function? 8What is meant by stakeholders? 5What is meant by the concept of “middlemen”? 56What is recruitment? 42What is risk? Can you identify some risks that businesses face? 80What is the base of recruitment? 43What is the condition for professionals to form a professional partnership? 16What is the core view of contingency theory? 25What is the difference between an independent project and a mutually exclusive project? 75 What is the difference between the function of a line manager and that of a staff manager? 61 What is the difference between training and development? 49What is the focus of IO theory? 22What is the influence of the Internet on strategic management? 54What is the most important capital in an organization? 31What is the reason that many markets are not as competitive as they should be? 28What resources can be used for sustained competitive advantage? 26What were the characteristics of the production era? 57What will a financial manager do if the value of liabilities and equity exceeds the value of assets? 52What will a financial manager do if the value of liabilities and equity exceeds the value of assets? 73What are two key trends that changed the context of strategic management? 29When does an initial public offering or a seasoned offering occur? 77When is personal selling of great importance? 66Where to advertise the job opening? 45Why are businesses not isolated entities? 4Why are strategies, resources and competencies are assumed to be fairly similar among competitors within a given industry? 23Why does resource-based theory focus primarily on individual firms rather than on the competitive environment? 24Why is control important for business? 3Why is debt financing bencficial? 53Why is debt financing beneficial? 78Why is strategy important? 18Why is the information systems function important? 10Why is the job analysis important? 34Why is the role of marketing in the company changing? 59Why must business sustain a profit? 2回答问题答案1、Individuals and groups pursue business for both monetary gain and for personal identificationand recognition.2、Business must sustain a profit for the livelihood of the business as well as the individuals whoare dependent upon the business for their livelihood.3、The control will provide for successful operation of the business.4、But impact and are impacted by other businesses.5、Stakeholders mean that somebody has rights in a business.6、×7、The five key functions are Management, Marketing, Accounting, Finance and InformationSystems.8、Marketing is responsible to see that the right product is available to the right customer, at theright time, in the right place, and at the right price.9、Finance is the process of acquiring, controlling, and planning the use of a business’ funds inorder to accomplish the goals and objective of the business effectively and efficiently. This is different from the accounting function which records the business transactions.10、The objective is to ensure that the right information is available to make the decision thatneeds to be made now. Without accurate information, the success of the business is by random chance. Information systems enable companies to create competitive advantages and to excel in the marketplace.11、It emphasizes the principle of stare decisis, that is , the authority of prior decisions in resolvingcurrent cases.12、The role of court decisions is minimized.13、It is impossible to answer the question of which of these legal systems is the best. Most tendto favor the system used in our own nation and culture. An evidence of a mature society, however, is its willingness to question and criticize its own system and attempt changes and improvements when possible.14、An individual simply owns and runs his own business.15、A limited partner has no right to participate in partnership management. Unlike a generalpartnership, a limited partnership must file its articles of partnership with the State. General partnerships can be formed without doing this, or any other formalities for that matter. 16、As a condition for forming this type of organization, state laws typically require the partnersto show evidence of liability insurance to protect consumers.17、No, not all of them. Larger companies are often publicly held corporations, which trade itsshares on the stock markets.18、Strategy refers to top management’s plans to develop and sustain competitive advantage sothat the organization’s mission is fulfilled. Following this definition, it is assumed that an organization has a plan, its competitive advantage is understood, and that its members understand the reason for its existence.19、1) Analyze the opportunities and threats or constraints.2) Analyze the organization’s strengths and weaknesses in its internal environment.3) Reassess the organization’s mission and its goals in light of the previous two steps.4) Formulate strategies.5) Implement the strategies.6) Engage in strategic control activities.20、1) Strategic managers thoroughly understand the competitive environment.2) The mission and goals of the organization are simple and consistent with the strategy.3) Strategic managers understand the organization’s resources and how they translate intostrengths and weaknesses.4) Plans for putting the strategy into action.5) Possible future changes in the proposed strategy.21、Industrial organization, Resource-based theory, Contingency theory22、The central tenet of industrial organization theory is the notion that a firm must adapt toinfluences in its industry to survive and prosper, and thus its financial performance is primarily determined by the success of the industry in which it competes.23、Because IO focuses on industry forces。