【正文】 alance sheet C、price fixing D、breakeven point 38. The share capital of a pany is ________.A、the money you share with others B、issued either by a business or by a governmentC、stock that permit owners to share any profits or losses D、the total investment from all of the shareholders 39. Which of the following can NOT be regarded as real property?A、Farm land B、Buildings on land C、The puter on a lecture desk D、Trees in a garden 40. The _______ is an accounting statement that summarizes a pany’s revenues, cost of goods sold, expenses, and net profit or loss over a period of time.A. balance sheet B. ine statement C. premium statement D. insurance policy41. Another factor that affects the price of bonds is the credit rating of pany or government unit issuing the bond.A. rating given to an individual or business firm as a credit risk, based on past records of debt repayment, financial status, etc.B. rating given to a pany as to its sales powerC. assessment of a pany’s productionD. assessment of a pany’s money deposited in the bank.42. When interest payments are due on a bearer bond, its possessor clips a coupon from the bond and sends the coupon to the issuer for payment.A. a certificate or ticket entitling the holder to a specified right, as reduced purchase priceB. a detachable printed statement on a bond, specifying the interest due at a given timeC. a part of a printed advertisement as for use in ordering goods, samples, or literatureD. a form surrendered in order to obtain an article, service, or acmodation43. Since our receipts do not always match out expenditures, we generally keep some money in a checking account balance.A. payroll B. payment C. ine D. property44. Several attempts to unionize the work force have been defeated by margins as high as 3 to 1.A. edge or border B. blank space on a pageC. difference between the buying and selling D. difference in the amount of votes45. Buyers of these goods usually provide prospective suppliers with a description of the product or service and request that bids or price quotations be submitted.A. services B. orders C. products D. offers of prices46. Of the following, ______ are normally NOT considered a kind of securities. A. mutual fund shares B. registered bonds C. mon stocks D. savings accounts47. _______ is the protection against economic loss provided by sharing the risk with others.A. Financial loss B. Insurance C. Premium D. Stock 48. _______ are used by the consumer or household that buys them and e in a readytouse form that calls for no further industrial or mercial processing.A. Consumer goods B. Convenience goods C. Shopping goods D. Durable goods49. The norms and expectations about the way people do things in a specific country are ________.A. customs B. values C. modes of conduct D. states of existence50. ________ refers to promotion activities that stimulate interest, trial or purchase by final customers or others in the channel.A. Advertising B. Sales promotion C. Publicity D. Mass sellingIII. In this part, there are some reading passages followed by 5 questions or unfinished statements each. For each of them there are four answers marked A, B, C and D. You should decide on the best one according to your understanding. Passage OneBill Gates, the billionaire Microsoft chairman without a single earned university degree, is by his success raising new doubts about the worth of the business world’s favorite academic title: the MBA (Master of Business Administration).The MBA, a 20thcentury product, always has borne the mark of lowly merce and greed (貪婪) on the treelined campuses ruled by purer disciplines such as philosophy and literature.But even with the recession apparently cutting into the hiring of business school graduates, about 79,000 people are expected to receive MBAs in 1993. This is nearly 16 times the number of business graduates in 1960, a testimony (宣言) to the widespread assumption that the MBA is vital for young men and women who want to run panies some day. “If you are going into the corporate world it is still a disadvantage not to have one,” said Donald Morrison, professor of marketing and management science. “But in the last five years or so, when someone says, ‘Should I attempt to get an MBA,’ the answer a lot more is: It depends.” The success of Bill Gates and other nonMBAs, such as the late Sam Walton of WalMart Stores Inc., has helped inspire selfconscious debates on business school campuses over the worth of a business degree and whether management skills can be taught. The Harvard Business Review printed a lively, fictional exchange of letters to dramatize plaints about business degree holders. The article called MBA hires “extremely disappointing” and said “MBAs want to move up too fast, they don’t understand politics and people, and they aren’t able to function as part of a team until their third year. But by then, they’re out looking for other jobs.” The problem, most participants in the debate acknowledge, is that the MBA has acquired an aura (光環(huán)) of future riches and power far beyond its actual importance and usefulness.Enrollment in business schools exploded in the 1970s and 1980s and created the assumption that no one who pursued a business career could do without one. The growth was fueled by a backlash (反沖) against the antibusiness values of the 1960s and by the women’s movement.Business people who have hired or worked with MBAs say those with the degrees often know how to analyze systems but are not so skillful at motivating people. “They don’t get a lot of grounding in the people side of the business,” said James Shaffer, vicepresident and principal of the Towers Perfin management consulting firm.1. According to