1 苏州新草桥中学苏州新草桥中学 20182018 20192019 学年第一学期中加高一期中考试试卷学年第一学期中加高一期中考试试卷 BusinessBusiness midterm midterm GradeGrade 10 10 Name Name SCORESCORE Q1 Q1 WhichWhich ofof thethe followingfollowing definitionsdefinitions isis which which The law of supply competition the law of demand and pricing power all work to control the price of products Which of the following definitions is which a the law of supply b competition c the law of demand d pricing power MatchMatch eacheach letterletter a da d toto oneone ofof thethe followingfollowing definitions definitions 1 The act or process of trying to get or win something that others are also trying to get or win 2 How high a company may raise prices without reducing demand for its products 3 As price increases demand decreases 4 As price increases supply increases Q2 Q2 FormsForms ofof businessbusiness ownershipownership co operatives co operatives solesole proprietorships proprietorships partnerships partnerships franchisesfranchises andand corporationscorporations Write the name of the form under it s definition Owned by one person 2 Owned by two or more persons One business licenses another to use its name Worker owned company or member owned who then buy from the business Business is an artificial person created by law and is owned by shareholders Q3 Q3 A A businessbusiness isis partpart ofof thethe economiceconomic systemsystem MatchMatch thethe followingfollowing businessbusiness termsterms a e a e toto theirtheir meaningmeaning bellow bellow WriteWrite thethe correctcorrect letterletter nextnext toto itsits definitiondefinition a interdependence b economic resources c human resources d capital resources e natural resources 1 Any resource that is used or involved in the production distribution and consumption of goods and services 2 The dependence of two or more people or things on each other 3 3 Materials or substances such as minerals forests water and fertile land that occur in nature and can be used for economic gain 4 The personnel or people of a business or organization especially when regarded as a significant asset 5 Resources that are assets and are used to make other goods and services Examples include tools buildings machinery and equipment Q4 MatchMatch eacheach ofof thethe followingfollowing wordswords toto oneone ofof thethe definitionsdefinitions thatthat follows follows a moral b market place c influence d inventory e legal f economic g system h ethical 1 Where people regularly gather for the purchase and sale of provisions livestock and other goods 2 The power or capacity of causing an effect in indirect or unseen ways 3 Relating to or based on the production distribution and consumption of goods and services 4 A set of things working together as parts of a mechanism or an interconnecting network 5 Adjective pertaining to or dealing with morals or the principles of morality pertaining to right and wrong in conduct 6 Concerned with the principles of right and wrong behavior and the goodness or badness of human character 7 Recognized by common or statutory law as allowed and not illegal 8 A complete list of items such as property goods in stock or the contents of a building 4 9