发布时间 : 星期四 文章工商导论练习题1-2班更新完毕开始阅读706cefee81c758f5f61f67bb
insurance．aviation insurance and____________.
3. _______________ covers losses resulting from damage to other people or other people’s property.
4．The insurance that can cover the risks resulting from both accidents and illness and can take care of surgical and hospital expenses is ______________
4. There are four types of life insurance．They are__________，whole life insurance，limited payment life insurance and __________________. 5. Business can purchase life insurance plans such as group life insurance, __________, credit life insurance and _____________.
7．One of the principles of insurance is __________ which enables the insurance company to provide the insurance against the risk that really occurs and the insured suffers a loss from the risk.
8. ____________provides insurance for a policyholder only over a specified term and does not build a cash value for policyholders． 9. The firm can choose several ways to control the risk it faces. It can avoid the risk, ______________ the risk, assume the risk and ______________ the risk.
10．There are certain basic principles about insurance that we should understand．These principles are: ______________,utmost good faith，indemnity, contribution，subrogation, and_______________.
11. Generally there are four types of insurance such as__________
insurance, liability insurance, health insurance and ___________ insurance. True/False
1. Risk management involves identifying a firm?s exposure to risk and protecting against that exposure．
2. Firms can use risk management to stabilize their performance． 3. The only sensible approach to managing business-risks is to shift the risk.
4．Limited payment life insurance is similar to whole life insurance except that the insured pays premium for only a limited number of years． 5．Jack has bought property insurance．His 2-year old bike is stolen．He can claim on his loss by getting compensation from the insurance company to buy a brand-new bike．
6．Mr. Smith buys an insurance for his flight from Toronto to London and，during the flight, breaks his neck due to air turbulence．He can claim compensation because the flight is the proximate cause．
7．Personal liability coverage would protect a surgeon should he cut off the left leg of a patient rather than the right which suffers from bone cancer. 8．Term life insurance provides coverage for whole life． 9．Endowment life insurance can only offer protection for the insured． 10．A group life insurance policy covers all individuals in a business firm and most of the premium is paid by the employees． Chapter l 2 International Business
Multiple Choice．
1．Two common trade barriers imposed by governments are： a) interest rate restrictions and bond indentures. b) open market operations and factoring· c) capital budget requirements and margin calls. d)tariffs and quotas.
2．A(n)——is a tax a government imposes on imported goods· a) tariff b )quota c) excise tax d)exchange rate 3．A___________ is a limit on the amount of a good that can be imported into a country．
a) tariff b) fixed exchange rate c)reserve requirement d) quota
4 Modulo system is a US firm that produces high-quality electronics components. When Modulo sells its products to purchasers who live in foreign countries, it is engaging in
a)importing． b)exporting． c)counter trade． d)direct foreign investment．
5.__________ is the purchase of foreign products or services
a) importing． b) Exporting． c) Counter trade． d) Direct foreign investment
6．When a bank quotes an exchange rate for immediate delivery to a firm，it is quoting the：
a) futures contract． b) forward contract．c) balance of payments d) spot rate．
7．Many U．S. firms have capitalized on opportunities in foreign countries by engaging in：
a) politics b) international business c)religious practices d)cultural diversity
8．All of the following are types of international business activities except： a) restructuring． b) importing． c) 1icensing agreement． d) direct foreign investment
9．In international business，an agreement between two firms about a specific project is a：
a) sole proprietorship b) joint venture c) cartel d) tariff
l0．An agreement in which a firm allows a foreign company to produce its products according to specific instructions is a(n)：
a) tariff b) export c) licensing agreement d) import 11．——exists when a country can make something better or more cheaply than anyone else．
a) A comparative advantage b) An absolute advantage c) A qualified advantage d) A specific advantage 12．If a country can make something better or more cheaply than other countries can make, it has