当代商业概论总结解析Word下载.docx

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当代商业概论总结解析Word下载.docx

•PlannedEconomy:

Ø

Aneconomicsysteminwhichthegovernmentownsandoperatesallsourcesofproduction

•MarketEconomy:

Aneconomicsysteminwhichbuyersandsellersinteract([ˌɪntər'

æ

kt]相互作用;

互相影响)basedonfreedomofchoice

MixedEconomies:

PlannedandMarket

•Theeconomiesofmostcountriesincludebothplannedandmarketelements.

 

5.Explainthefactorsthatdrivedemandandsupply.

(1)FactorsDrivingDemand

1)Price

2)Customerpreferencesandincome

3)Pricesofsubstitute(['

sʌbstɪtju:

t]替代的)andcomplementary([ˌkɒmplɪˈmentri]互补的)items

4)Numberofbuyersinthemarket

5)Consumers’optimismaboutthefuture.

(2)FactorsDrivingSupply

•factorsofproduction(Centralroleindeterminingtheoverallsupplyofgoodsandservicesisplayedbyfactorsofproduction.)

•Otherfactorsliketaxesandthenumberofsupplierswillalsoinfluencethesupply.

6.Describeeachofthefourdifferenttypesofmarketstructuresinaprivateenterprisesystem.

Perfectcompetition,monopolistic[məˌnɔpəˈlistik]competition(垄断性竞争),oligopoly([ˌɒlɪ'

gɒpəlɪ]寡头,求过于供的市场情况)andmonopoly([mə'

nɒpəlɪ]垄断)

Perfectcompetitionexistswhenallfirmsinanindustryaresmallandthenumberoffirmsislarge.Pricesaredeterminedbymarketforcesassupplyanddemand.

Inmonopolisticcompetition,manysellerstrytomaketheirproductsatleaseseemtobedifferentfromthoseofcompetitors.Productdifferentiationgivessellerssomecontroloverprices.

Whenanindustryhasonlyahandfulofsellers,anoligopolyexists.Theentryofnewcompetitorsishard.Andthepricesofcomparableproductsareusuallysimilar.

Amonopolyexistswhenanindustryormarkethasonlyoneproducer.Asolesupplierenjoysnearlycompletecontroloverthepricesofitsproducts.

Characteristic

Perfectcompetition

Monopolisticcompetition

Oligopoly

Monopoly

Example

Localfarmer

Stationerystore

Steelindustry

Publicutility

Numberofcompetitors

Many

Many,butfewerthaninperfectcompetition

few

none

Easeofentryintotheindustry

Relativelyeasy

Fairlyeasy

difficult

Regulatedbygovernment

Similarityofgoods/servicesofferedbycompetingfirms

Identical

Similar

Canbesimilarordifferent

Nodirectlycompetinggoodsorservices

Levelofcontroloverpricebyindividualfirms

None

Some

Considerable

7.Identifyanddescribethefourstagesofthebusinesscycle.

Prosperity,繁荣;

recession衰退;

depression萧条;

recovery复苏

[prɒ'

sperətɪ][rɪˈseʃn][dɪ'

preʃn]

8.Explainhowproductivity,price-levelchanges,andemploymentlevelsaffectthestabilityofanation’seconomy.

9.Discusshowmonetarypolicyandfiscalpolicyareusedtomanageaneconomy’sperformance.

MonetaryPolicy货币政策

governmentactionstoincreaseordecreasethemoneysupplyandchangebankingrequirementsandinterestratestoinfluencebanker’swillingnesstomakeloans.

FiscalPolicy财政政策

Governmentinfluenceseconomybyspendingandtaxationdecisions.Governmentusesfiscalpolicytocontrolinflations([ɪn'

fleɪʃn]通货膨胀),reduceunemployment,improvethegeneralwelfareofcitizens,andencourageeconomicgrowth.

Chapter2

1.Explaintheconceptsofbusinessethicsandsocialresponsibility.

Businessethicsarestandardsofbusinessconductandmoralvaluesbyemployeesonthejob

Socialresponsibilityreferstotheoverallwayinwhichabusinessattemptstobalanceitscommitmentstorelevantgroupsandindividualsinitssocialenvironments.

2.Describethefactorsthatinfluencebusinessethics,atindividual,organizational,legal,societallevels

Individual:

values,workbackground,familystatus,personality

Organizational:

TopLevelMgmt.Philosophy,theFirm’sRewardSystem,JobDimensions

Environmental:

Competition,economicconditions,social/culturalinstitutions

3.Listthestagesinthedevelopmentofethicalstandards.

Stage1:

Preconventional

Individualismainlylookingoutforhisorherinterest.Rulesarefollowedonlyoutoffearofpunishmentorhopeofreward.

Stage2:

Conventional

Individualconsiderstheinterestsandexpectationsofothersinmakingdecisions.Rulesarerulesarefollowedbecauseitisapartofbelongtothegroups.

Stage3:

postconventional

Individualfollowspersonalprinciplesforresolvingethicaldilemmas.Heorsheconsiderspersonal,groupandsocialinterests.

4.Identifycommonethicaldilemmasintheworkplace.

Conflictofinterest,honestyandintegrity(正直),loyaltyVStruth,whistle-blowing(揭发).

5.Discusshoworganizationsshapeethicalbehavior.

6.Summarizetheresponsibilitiesofbusinesstothegeneralpublic,customers,employeesandinvestors.

ResponsibilitiestotheGeneralPublic

a)PublicHealthIssues

b)ProtectingtheEnvironment

Greenwashing:

Usingadvertisingtoprojectagreenimagewithoutsubstantiallyalteringprocessesorproducts

Recycling—reprocessingofusedmaterialsforreuse

c)DevelopingtheQualityoftheWorkforce

d)CorporatePhilanthropy([fɪ'

nθrəpɪ]慈善事业)

ResponsibilityTowardCustomers

ConsumerRights,UnfairPricing,EthicsinAdvertising

ResponsibilityTowardEmployees

WorkplaceSafety;

QualityofLifeIssues…….

ResponsibilityTowardInvestors

Improperfinancialmanagement;

Checkkiting空头;

Insidertrading;

Misrepresentationoffinances

7.ExplaindifferentstancesinCSR

Chapter3

1.Identifytheindustriesinwhichmostsmallfirmsareestablished

Services服务业,retailing零售业,construction建筑业,wholesaling批发,financeandinsurance金融保险,manufacturing制造业,transportation运输.

2.Comparetheadvantagesanddisadvantagesofsmallbusinesses.

Smallfirmscanoftenoperatewithgreaterflexibilitythanlargercorporationscanachieve.Thisflexibilityallowssmallbusinesstodevelopinnovativeproducts,lowercosts,providesuperiorcustomerservice,andfillisolatedniches.['

aɪsəleɪtɪd]偏远的[nɪtʃiz]商机

However,smallbusinessalsomustoperatewithfewerresourcesthanlargecorporationscanapply.Asaresult,theymustsufferfromfinanciallimitationsandmanagementshortcomings.Taxesandgovernmentregulationcanalsoimposeexcessiveburdensonsmallbusiness.

3.Explainhowfranchisingcanprovideopportunitiesforbothfranchisorsandfranchisees(被特许人).

Franchiseesbenefitfromtheparentcorporations'

experienceandexpertise.Thefranchisermaypickthestorelocation,negotiatethelease,purchaseequipment,andsupportfinancing.Franchisingoffersthebenefitofbrandrecognition,whichcanmakeiteasiertoattractcustomersandreducethecostsofadvertisingaswellasincreasethelikelihoodofsuccess.

4.Definethetermentrepreneuranddistinguishamongentrepreneurs,small-businessowners,andmanagers.

Entrepreneur:

Businesspersonwhoacceptstherisksandopportunitiesinvolvedincreating,operatingandgrowinganewbusiness

SmallBusinessOwner:

Doesnothaveplansforgrowth.

5.Startingandfundingasmallbusiness

•StartingfromScratch[skræ

tʃ]从零开始;

从头做起;

白手起家

Disadvantage:

Higherriskofbusinessfailure

Advantage:

Avoidsproblemsofanexistingbusiness

•BuyinganExistingBusiness

Someprefernottoassumetherisksofstartinganewfirm

Franchising

vAnotherlessriskywaytobeginabusiness

a)Cf.equityfinancinganddebtfinancing

6.Identifythreedifferenttypesofentrepreneurs.企业家

•Classicentrepreneurs—personwhoseesabusinessopportunityanduseresourcestotapthatmarket.

•Intrapreneur—personwhodevelopsinnovationswithinalargeorganization.[ɪntræ

prə'

ni:

ɜ:

]公司内企业家,内部创业者

•ChangeAgent—managerwhotriestorevitalizeanestablishedfirmtokeepitcompetitive.[ˌri:

'

vaɪtəlaɪz]vt.使恢复元气;

使新生;

使复兴

7.Identifypersonalitytraitsthattypicallycharacterizesuccessfulentrepreneurs.

Successfulentrepreneursmayhaveseveraltraits,includingvision,highenergylevel,needtoachieve,self-confidenceandoptimism,toleranceforfailure,creativity,toleranceforambiguity(含糊),andinternationallocusofcontrol.

1)Areresourcefulandopen-minded足智多谋,心胸开阔

2)Areconcernedaboutgoodcustomerrelations良好顾客关系

3)Desiretobetheirownboss

4)Candealwithuncertaintyandrisk

5)Relyonnetworks,businessplans,andconsensus(共识)

8.Summarizethethreebasicformsofbusinessownershipandtheadvantagesanddisadvantagesofeachform.

1)SoleProprietorships(所有权)个人独资企业

Disadvantages:

•UnlimitedLiability(majordrawback)

•Limitedresources

•Limitedfundraisingcapability(有限的融资能力)

•Lackofcontinuity

Advantages:

•Freedom

•Simpletoform

•Lowstartupcosts

•Taxbenefits

•Don’thavetosharetheprofits

2)Partnerships合伙企业

Inmostcases,partnerssharetheprofitsequallyorinproportiontotheirinvestment.

Silentpartner:

investfundsbutplaynoroleinitsmanagement

•Unlimitedliability

•Disagreementsamongpartners

•Ownershiptransfer

Sweatequity:

investnothingbutprovideallthelabor

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