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(课程代码05439)I.TranslatethefollowingwordsorphrasesintoChinese(10%)1.inflation3.fringebenefit2.turnover4.bearerbond6.mutualfund7.brokerage8.certificateoforigin10.counterofferⅡ.TranslatethefollowingwordsorphrasesIntoEnglish(10%)Ⅲ.Choosethebestanswertofillintheblanks(10%)21.Themostmajorfunctionofmoneyis_________.A.astoreofvalueB.theunitofaccountD.astandardofdeferredpayment22.WhichofthefollowingisNOTmentionedineconomicloss?A.Thedestructionofone'shomeinafire.B.Lossofincomeowingtoillness.C.Lossofpropertyowingtotheft.D.Thedestructionofone'spropertyinanaccident.23.Aninsurancepolicyis_________.A.agovernmentlawoninsuranceB.awrittencontractbetweentheinsurerandtheinsuredC.apieceofpaperwiththeinsurer'ssignatureonitD.asetofrulestoregulatetheinsurancemarket24.WhichofthefollowingcanNOTbeafeatureofabond?A.Ithasacertaindenomination.C.Itinvolveshighrisk.B.Ithasaprefixedinterestrate.D.Ithasaprefixedmaturitydate.25._________isasmallstructurewithoneormoreopensidesthatisusedtovendmerchandise(asnewspapers)orservices.第1页共14页B.KioskD.Departmentstore26.MarketerscancommunicatewithlargenumbersofpotentialcustomersatthesametimeA.personalsellingB.directsellingD.sendingleafletsC.massselling27.Whatismeantby"consideration"inacontract?A.Anitemofconsiderablevaluegiventotheotherparty.B.Anitemofvaluegiventotheotherparty.C.Moneyinexchangeofgoods.D.Carefulthinkingbeforesigningacontract.28.Tobeawisecustomer,wemustevaluate__________andchoosetobuywhatis__________.A.theprice;thecheapestB.theproductquality;oftopqualityC.thetotalproductoffer;ofthebestvaluetousD.theafter-saleservice;providedwiththebestafter-saleservice29.ThefollowingaretheelementsofmarketingmixEXCEPT__________.A.priceB.placeC.point-of-sale30.Whatisthemajorfeatureofaglobalmarketingstrategy?A.uniformityB.flexibilityC.localizationD.diversityIV.Inthispart,therearesomereadingpassagesfollowedby15questionsorunfinishedstatements.ForeachofthemtherearefouranswersmarkedA,B,CandD.Youshoulddecideonthebestoneaccordingtoyourunderstanding(30%)CorporateCultureThetermcorporateculturereferstoanorganization'svaluesystem.Managerialphilosophies,workplacepractices,andorganizationalnetworkareincludedintheconceptofcorporateculture.TysonFoodscorporatecultureisreflectedinthefactthateveryone-evenCEODonTysonwearsclothesofayellowishbrowncoloronthejob.Theleaderswhodevelopedthecompanyandthecorporateculturetypicallyshapethecorporateculture.Onegenerationofemployeespassesonacorporateculturetoneweremployees.Sometimesthisispartofformaltraining.NewmanagerswhoattendMcDonald'sHamburgerUniversitymaylearnskillsinmanagement,buttheyalsopickupthebasicsoftheorganization'scorporateculture.Employeescanabsorbcorporateculturethroughinformalcontactsaswell,bytalkingwithotherworkersandthroughtheirexperiencesonthejob.第2页共14页Corporateculturehasamajorimpactonthesuccessofanorganization.Inorganizationswithstrongcultures,everyoneknowsandsupportstheorganizations'objectives.Inthosewithweakcultures,noclearsenseofpurposeexists.Infact,theauthorsoftheclassicbookInSearchofExcellenceconcludedthepresenceofastrongcorporateculturewasthesinglethreadamongmanydiversebuthighlysuccessfulcompaniessuchasGeneralElectricandAsyoucanimagine,changingacompany'scorporateculturecanbeverydifficult.Butsomemanagerstrytodojustthatwhentheyfeelthecurrentcultureisweak,orwhentheorganization'sobjectiveschangeandtheoldculturenolongerfits.Sometimesthecompetitivesituationofacompanychanges.Forinstance,electricutilities,whichoncehadtheirprofitsguaranteedbypublicregulation,nowfacemorecompetitionthanever.FirmsthatwerecomfortablecompetingagainstotherAmericancompaniesnowfindthemselvesfightingcompetitorsfromoverseas,too.ManagementexpertPeterDuckersfeelsthat,ratherthantryingtochangeculture,managersshouldfocusonchangingemployeesandcorporatepractices,asfollows.——Definewhatresultsareneeded.Specifyinmeasurabletermswhattheorganizationordepartment,oroffice)needstoachieve.——Determinewheretheseresultsarealreadybeingachievedwithinthecurrentorganization.Analyzethedepartmentsthatarealreadyeffectiveandfindoutwhattheyaredoingdifferentlyfromtherest.thatexecutivesopenlyaskwhattheycandotohelp,andthendoit.——Changetherewardsystem-ordevelopanewone-torecognizetheseeffectivepractices.Whenemployeesrealizethattheorganizationreallydoesrewardthenewapproach,theywilladoptitmuchmorequickly.Whetheronewantstochangeanorganizationcultureornot,itisimportanttochoosemanagersandemployeeswhosepersonalstylesfittheorganization'sgoals.31.Accordingtothepassage,corporateculture_________.A.meanstheculturalatmosphereinacompanyB.isestablishedbytopleadersandcan'tbechangedC.involvesthecorevaluesofacompanyD.haslittleinfluenceontheperformanceofacompany32.InMcDonald'sHamburgerUniversity,newmanagers_________.A.learnthecompany'scorporatecultureatlengthB.areonlyinterestedinlearningmanagementskillsC.learnallthenecessaryskillsandpracticesofthecompanyD.havechancestoknowaboutthecompany'scorporateculture33.Ifanorganizationhasastrongcorporateculture,_________.第3页共14页A.itcanbesureofachievinggreatsuccessB.itwillbeassuccessfulasGeneralElectricandMcDonald'spC.itsstafftendtoworkforacommongoalD.itmayhaveastronginfluenceonthemarketA.theexistingcorporatecultureisverystrongB.theytrytoadaptthecorporateculturetonewsituationsC.thecompanyisfacingalotofcompetitionD.theyarenotsoconservativeastheoldgeneration35.WhichofthefollowingisNOTadvisedbyPeterDuckers?A.Evaluatingdifferentperformancesofvariousdepartments.C.Determinewhatistobeachievedbytheorganization.D.Improvingtherewardsystemsoastoencouragenewpractices.EarlyAmericanindustriesdependedlargelyonskilledartisansworkinginsmallshopstoservealocalmarket.ButtheIndustrialRevolutionthatstartedinEnglandduringthe18thcenturydidnottakelongtocrosstheAtlantic.ItbroughtmanychangestoAmericanindustrybetween1776and1860.BecauselaborwasscarceintheUnitedStatesandwageswerehigh,employerswelcomedanynewmethodthatcouldreducetherequirementforlabor.togetherinoneworkplaceandproducedgoodsfordistributionoverawidearea.ThefirstfactoryintheUnitedStatesisgenerallydatedto1793,whenanEnglishmannamedSamuelSlatercametoAmericatobuildacottonclothfactory.Hebuiltthemachineryfrommemory,becauseitwasacrimetocarryfactoryplantoutofEngland.ThesuccessofSlater'sfactorystartedaprocessofchangethatturnedthenortheasternregionoftheUnitedStatesintoanimportantmanufacturingcenter.Themakingoftextilesalsomeantincreaseddemandforcotton,growninthesouthernregionfortheUnitedStates.Asaresult,thenationbecameamajorcottonproducer.Anotherimportantdevelopmentwasthe"Americansystem"ofmassproduction,whichoriginatedinthefirearmsindustryabout1800.Thenewsystemrequiredprecisionengineeringtocreatepartsthatwereinterchangeable.This,inreturn,allowedthefinalproducttobeassembledinstages,eachworkerspecializinginaspecificoperation.JustasSlater'snewfactorysystemwasbeingintroduced,anAmericannamedEliWhitneymadecottonproductionmoreefficientbyinventingamachine-thecottongin-thatrapidlyremoved第4页共14页theseedsfromtheboilsofcotton.Removingtheseedsbyhandwasadifficulttask;Whitneymachinemadethejobalmosteasy.workingintheirhomesorsmallshops.Becausethegunswerehandmadeindividually,apartfromonegunwouldnotnecessarilyfitanothergun.Whitneybeganmakinggunswithmachinery,sothatallthepartswerethesameineachgun.Thismethodofmanufacturinggoodsinafactory,withinterchangeableparts,helpedtoadvanceAmericanindustry.In1913,theautomakerHenryFordintroducedthe"movingassembly"line.Thiswasavariationontheearlierpracticeofcontinuousassembly.Byimprovingefficiency,itmadepossibleamajorsavinginlaborcosts.Anewbreedofindustrialmanagersbeganthecarefulstudyoffactoryoperationswiththeaimoffindingthemostefficientwaysoforganizingtasks.Theirconceptsof"scientificmanagement"helpedtolowerthecostsofproductionstillfurther.Lowercostsmadepossiblebothhigherwagesforworkersandlowerpricesforconsumers.MoreandmoreAmericansweregainingtheabilitytopurchaseproductsmadeintheUnitedStates.Duringthefirsthalfofthe20thcentury,massproductionofconsumergoodssuchascars,refrigeratorsandkitchenrangeshelpedtorevolutionizethewaysinwhichAmericanslived.36.Inthefirstparagraph,theauthorintendstotellusthat__________.A.earlyAmericanindustriesmainlydependedonnewmethodsB.earlyAmericanindustriesmainlydependedonpeoplewhodidskilledworkwiththeirhandsC.earlyAmericanindustriesmainlydependedonEnglandindustriesD.earlyAmericanindustriesmainlydependedonnewchanges37.ThefirstfactoryintheUnitedStateswas__________.A.builtbyanAmericanengineernamedHenryFordB.builtbyanAmericannamedEliWhitneyC.builtbyanEnglishmanwhobuiltitfrommemoryD.builtbyanAmericanwhowantedtobuildacottonclothfactory38.Anotherimportantdevelopmentwasconcerning__________.A.thesteamenginesC.themobileoperationB.themassproductionD.thetextileindustry39.WhichofthefollowingstatementsisNOTtrue?A.HenryFordinfluencedAmericanpeople'slife.B.HenryFordinfluencedallmanufacturingsystems.C.HenryFordinfluencedthemanufactureofcars.D.HenryFordinfluencedthesystemofbusiness.40.Accordingtothepassage,wecandrawtheconclusionsEXCEPTthat__________.A.theproductionefficiencyhasgreatlybeenimprovedbythe"AmericanSystem"第5页共14页ontheassemblylineC.withtheinterchangeableparts,AmericanindustriesadvancedgreatlyD.theindustrialmanagersbeganthecarefulstudyoftheoperationswiththeaimofreducingProblemsPotentialExportersAreFacingManyfirmsfailtosucceed,becausewhentheybeginexportingtheyhavenotresearchedthetargetmarketsordevelopedaninternationalmarketingplum.Tobesuccessful,afirmmustclearlydefineitsgoals,objectivesandpotentialproblems.Secondly,itmustdevelopadefinitiveplantoaccomplishitsobjectives,regardlessoftheproblemsinvolved.Unlessthefirmisfortunateenoughtopossessastaffwithconsiderableexpertise,itmaynotbeabletotakethiscrucialfirststepwithoutqualifiedoutsideguidance.Oftentopmanagementisnotcommittedenoughtoovercometheinitialdifficultiesandfinancialrequirementsofexporting.Itcanoftentakemoretimeandefforttoestablishafirminaforeignmarketthaninthedomesticone.Althoughtheearlydelaysandcostsinvolvedinexportingmayseemdifficulttojustifywhencomparedtoestablisheddomestictrade,theexportershouldtakeamoreobjectiveviewofthisprocessandcarefullymonitorinternationalmarketingeffortsthroughtheseearlydifficulties.Ifagoodfoundationislaidforexportbusiness,thebenefitsderivedshouldeventuallyoutweightheinvestment.Anotherproblemareaisintheselectionoftheforeigndistributor.Thecomplicationsinvolvedinoverseascommunicationsandtransportationrequireinternationaldistributorstoactwithgreaterindependencethantheirdomesticcounterparts.Also,sinceanewexporterstrademarksandreputationareusuallyunknownintheforeignmarket,foreigncustomersmaybuyonthestrengthofthedistributingagent'sreputation.Afirmshouldthereforeconductathoroughevaluationofthedistributor'sfacilities,thepersonnelhandlingitsaccount,andAnothercommondifficultyforthenewexporteristheneglectoftheexportmarketonceOthersmayrefusetomodifyproductstomeettheregulationsorculturalpreferencesofothercountries.Localsafetyregulationscannotbeignoredbyexporters.Ifnecessarymodificationsarenotmadeatthefactory,thedistributormustmakethem,usuallyatagreatercostandprobablynotassatisfactorily.Itshouldalsobenotedthattheresultingsmallerprofitmarginmakestheaccountlessattractive.Ifexportersexpectdistributingagentstoactivelypromotetheiraccounts,theymustbetrained,andtheirperformancecontinuallymonitored.Thisrequiresacompanymarketingexecutive第6页共14页tobelocatedpermanentlyinthedistributorsgeographicalregion.Itisthereforeadvisablefornewexporterstoconcentratetheireffortsinafewgeographicalareasuntilthereissufficientbusinesstosupportacompanyrepresentative.Thedistributorshouldalsobetreatedonanequalbasiswithdomesticcounterparts.Forexample,specialdiscountoffers,salesincentiveprogramandspecialcredittermsshouldbeavailable.Consideringajoint-ventureorlicensingagreementisanotheroptionfornewexporters.However,manycompaniesstilldismissinternationalmarketingasunviable.Thereareanumberofreasonsforthis.Theremaybeimportrestrictionsinthetargetmarket,thecompanymaylacksufficientfinancialresources,oritsproductlinemaybetoolimited.Yet,manyproductsthatcancompeteonanationalbasiscanbesuccessfulinthemajorityofworldmarkets.Ingeneral,allthatisneededforsuccessisflexibilityinusingthepropercombinationsofmarketingtechniques.41.Inthefirstparagraph,thewritersuggeststhatfirmsthinkingaboutexportingshould______.A.getprofessionaladviceB.studyinternationalmarketingC.identifythemostprofitablemarketsD.havedifferentobjectivestootherexporters42.Thewriterbelievesthatifsufficientpreparationisundertaken______.A.initialdifficultiescanbeeasilyavoidedB.thecostscanberecoveredquitequicklyD.theexporterwillbesuccessfulinthelongterm43.Anexportershouldchooseadistributorwho______.A.hasexperiencedpersonnelB.hasgoodcommunicationskillsC.iswell-establishedinthetargetmarketD.isnotfinanciallydependentontheimportbusiness44.Newexportersoftenmakethemistakeofignoringtheexportmarketwhen______.A.distributioncostsaretoohighB.theirproductissellingwellathomeC.thereisaglobaleconomicrecessionD.distributorscannotmakesafetymodifications45.Foradistributortobesuccessful,theexportermust______.A.focusononeparticularregionB.financelocaladvertisingcampaignsC.givethesamesupportastodomesticagents第7页共14页D.makesuretherearesufficientmarketingstafflocallyV.Readthefollowingpassagesandfinishtheexercisesofeachone(40%)Ifsustainablecompetitiveadvantagedependsonwork-forceskills,Americanfirmshaveaproblem.Human-resourcemanagementisnottraditionallyseenascentraltothecompetitivesurvivalofthefirminUnitedStates.Skillacquisitionisconsideredanindividualresponsibility.Laborissimplyanotherfactorofproductiontobehired-rentedatthelowestpossiblecost-muchasonebuysrawmaterialsorequipment.Thelackofimportanceattachedtohuman-resourcemanagementcanbeseeninthecorporatehierarchy.InanAmericanfirmthechieffinancialofficerisalmostalwayssecondincommand.Thepostofheadofhuman-resourcemanagementisusuallyaspecializedjob,offattheedgeofthecorporatehierarchy.TheexecutivewhoholdsitisneverconsultedonmajorstrategicdecisionsandhasnochancetomoveuptoChiefExecutiveOfficer(CEO).Bywayofcontrast,inJapantheheadofhuman-resourcemanagementiscentral-usuallythesecondmostimportantexecutive,aftertheCEO,inthefirm'shierarchy.WhileAmericanfirmsoftentalkaboutthevastamountsspentontrainingtheirworkforces,infacttheyinvestlessintheskillsoftheiremployeesthandoeitherJapaneseorGermanfirms.Andthelimitedinvestmentsthataremadeintrainingworkersarealsomuchmorenarrowlyfocusedonthespecificskillsnecessarytodothenextjobratherthanonthebasicbackgroundskillsthatmakeitpossibletoabsorbnewtechnologies.Asaresult,problemsemergewhennewbreakthroughtechnologiesarrive.IfAmericanworkers,forexample,takemuchlongertolearnhowtooperatenewflexiblemanufacturingstationsthanworkersinGermany(astheydo),theeffectivecostofthosestationsislowerinGermanythanitisintheUnitedStates.Moretimeisrequiredbeforeequipmentisupandrunningatcapacity,andtheneedforextensiveretraininggeneratescostsandcreatesbottlenecksthatlimitthespeedwithwhichnewequipmentcanbeemployed.Theresultislowerpaceoftechnologicalchange.Andintheendtheskillsofthepopulationaffectthewagesofthetophalf.Ifthebottomhalfcan'teffectivelystafftheprocessesthathavetobeoperated,themanagementandprofessionaljobsthatgowiththeseprocesseswilldisappear.A.Markthefollowingstatementstrue(T)orfalse(F)accordingtothepassage(10%)46.ThemanagementofhumanresourcesinAmericancompaniesseesthegainingofskillsastheir47.Theheadofhuman-resourcemanagementinanAmericanfirmisdirectlyunderthechieffinancialexecutivesinthefirms.第8页共14页skills.49.Accordingtothepassages,thedecisivefactorinmaintainingafirm'scompetitiveadvantageistherationalcompositionofprofessionalandmanagerialemployees.50.Accordingtothepassage,thehuman-resourcemanagementstrategiesofAmericanfirmsaffecttheircompetitivecapacity.IntroductiontoCompanies(56)Acompanyisaformofbusinessorganizationwhichisownedbyallthosewhoinvestinit.Theseinvestorsareknownasshareholdersastheyownor"hold"ashareofthecompany.Thesizeoftheirshareofthecompanywilldependupontheamountofmoneytheyhaveinvestedinit.Thetotalinvestmentbyalloftheshareholdersisknownasthesharecapitalofthecompany.Thus,unlikeasoletrader,whereonepersonownsthebusiness,orapartnership,whereasmallshareholders.Obviously,allofthesepeoplecannotbeinvolvedinrunningthecompany.Instead,theshareholdersappointdirectorstorunthecompanyontheirbehalf,ifthedirectorsrunthecompanyefficientlyandmakeaprofit,theshareholderswillreceiveadividendeachyearasareturnontheirinvestment.CharacteristicsofCompaniesThecharacteristicsofcompaniesdifferinseveralrespectsfrombothsoletradersandpartnerships.Thefollowingareamongthemoreimportantdifferences.SeparateLegalEntity(57)Auniquefeatureofacompanyisthat,nomatterhowmanyindividualshaveboughtsharesinit,itistreatedinitsdealingswiththeoutsideworldasifitwasapersoninitsownright.Itissaidtobeaseparatelegalentity.Justasthelawcancreatethisseparatelegalperson,soalsocaniteliminateit,butitsexistencecanonlybeterminatedbyusingtheproperlegalprocedures.Thus,theidentityoftheshareholdersinalargeconcernmaybechangingdailyassharesareboughtandsoldbydifferentpeople.Ontheotherhand,asmallprivatecompanymayhavethesameshareholdersfromthedateitisincorporated(thedayitlegallycameintobeing),untilthedatewhenliquidationiscompleted(thecessationofthecompany,oftenknownalso第9页共14页as"windingup"orbeing"woundup").Aprimeexampleofitsidentityasaseparatelegalentityisthatitmaysueitsownshareholders,orinturnbesuedbythem.LimitedLiabilityMostcompaniesare"limited"companies.Thismeansthatanyshareholderwhohaspaidfortheshare(s)whichhehasboughtcannotbeforcedtopaymoremoneyintothecompanyif,forexample,itismakinglossesorhasgoneintoliquidation.(58)Thus,themaximumamountofmoneyanyshareholdercanlosebyinvestinginacompanyistheamounthehasinvested.Unlikeinsoletradersorpartnershipsashareholderinalimitedcompanycannotbeforcedtosellhishouse,car,etc.topaythedebtsofthebusiness.Ifashareholderhasnotpaidinfullfortheshareshehasagreedtobuy,hecanbeforcedtopaythebalanceowingontheshares.Oncehehaspaidthatamounthecannotbeforcedtopayanyfurtheramount.Thus,hisliabilityislimitedtotheamounthehasagreedtopaybuthasnotyetpaid.Thisisknownaslimitedliabilityandthecompanyisknownasalimitedcompany.Itisimportanttonotethatitistheliabilityoftheshareholdersthatislimitednottheliabilityofthecompany.(59)Companiescanincurdebtswellbeyondwhattheyareabletopayandthereforetheirliabilitiescanexceedtheirassets.Thereare,aswillbeseenlater,somecompanies,knownasunlimitedcompanies,inwhichtheliabilityoftheshareholdersisnotlimited.Limitedliabilityandtheabilitytoraiselargeamountsoffinancearetheprincipalreasonswhylimitedcompaniesarethemostcommonformofbusinessorganization.Broadlyspeaking,therearetwoclassesofcompany,thepubliccompanyandtheprivatecompany.PubliccompaniesarealsoknownasPLCs,thatis,publiclimitedcompanies.Aprivatecompanymaynothavelessthantwo,ormorethanfifty,shareholders(excludinghaspurchasedsharesinaprivatecompanytherighttotransferthosesharestosomeoneelseisseverelyrestricted.APLCisacompanywhichfulfilsthefollowingconditions:.Itmustbeabletoissuesharecapitalofatleast30,000;.Itmusthaveatleastsevenshareholders.Thereisnomaximum;.Itsnamemustendwiththewords"publiclimitedcompany"theabbreviation"plc".Aprivatecompanyisusually,butnotalways,smallerthanapubliccompany.ThesharesthataredealtinontheStockExchangeareallofpubliclimitedcompanies.ThisdoesnotmeanthatallpubliccompaniessharesaretradedontheStockExchange,as,forvariousreasons,somepubliccompanieshaveeitherchosennotto,ornotbeenallowedto,have第10页共14页theirsharetradedthere.Theonesthataretradedinareknownasquotedcompaniesorlistedcompaniesmeaningthatthepriceofsharesinthemisquoted(orlisted)bytheStockExchange.QuotedcompanieshavetocomplywithStockExchangerulesandregulations.ShareCapitalandDividendsAshareholderinalimitedcompanyobtainshisrewardforinvestingintheformofashareoftheprofits,knownasadividend.(60)Thedirectorsdecidehowmuchoftheprofitsistoberetainedinthecompanyandusedforexpansion.Outoftheprofitsremainingtheyproposethepaymentofacertainamountofdividend.Theshareholderscannotproposeadividendforthemselveshigherthanthatalreadyproposedbythedirectors.Theycan,however,proposethatalesserdividendshouldbepaid,althoughthisactionisveryrare.Ifthedirectorsproposethatnodividendbepaid,thentheshareholdersarepowerlesstoalterthedecision.Thedecisionbythedirectorsastotheamountproposedasdividendsisaverycomplexone.Suchmattersastheeffectoftaxation,theavailabilityofbankbalancestopaythedividends,thepossibilityoftake-overbidsandsoonwillallbetakenintoaccount.Dividendsareusuallyexpressedasapercentageofthesharecapital.Adividendof10%inCompanyAon500,000CommonSharesof£1eachwillamountto£50,000,oradividendof6%inCompanyBon200,000CommonSharesof£2eachwillamountto£24,000.Ashareholderhaving100sharesineachfirmwouldreceive£10fromCompanyAand£12fromCompanyB.B.Choosethebestanswerforthefollowingquestions(10%)51.AmostsignificantdifferencebetweenapubliccompanyandasmallprivatecompanyliesinA.apubliccompanyhasmoreshareholdersthanaprivatecompanyB.theshareholdersofapubliccompanycansecureadividendeachyearwhereastheshareholdersofaprivatecompanydoesnotC.theidentityoftheshareholdersofapubliccompanymaybechangingdailywhereastheidentityoftheshareholdersofaprivatecompanyalmostremainsthesameD.apubliccompanyistreatedasaseparatelegalentitywhereasaprivatecompanyisnot52.Whichofthefollowingstatementsistrue?A.Unlikeasoletraderorpartnershipashareholderinanunlimitedcompanycanforcedtosellhishouseorcartopaythedebtsofthebusiness.B.Likeasoletraderorpartnershipashareholderinalimitedcompanyalsofacestheriskofbeingforcedtosellhishouseorcartopaythedebtsofthebusiness.C.Theliabilitiesofalimitedcompanycannotexceeditsassets.D.Theliabilityofashareholderofalimitedcompanyislimitedtowhathehasinvestedinit.53.WhichofthefollowingstatementsisNOTtrue?第11页共14页A.Thenumberofaprivatecompany'sshareholdersmaynotexceedfifty.B.APLCmusthaveatleastsevenshareholders.C.APLCisalwayslargerthanaprivatecompany.D.ListedcompaniesarethosewhosesharesaretradedonStockExchange.54.TheshareholdersofaPLChavetherighttodoallofthefollowingEXCEPT___________.A.attendgeneralmeetingsofthecompanyB.votefordirectorsatageneralmeetingofthecompanyC.proposeadividendforthemselveshigherthanthatalreadyproposedbytheboardD.proposeadividendlessthanthatalreadypr
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