1、单选题：
_______ is to buy products with intention of using them as materials in making a new product. ( )
选项：
A:Service business
B:Manufacturing business
C:Merchandising business
D:Hybrid business
答案: 【Manufacturing business】

2、多选题：
_____ are the potential advantages of setting up a corporation. ( )
选项：
A:Legal entity
B:Limited liability
C:Easier to secure funding
D:Shared resources or ideas
答案: 【Legal entity ;
Limited liability ;
Easier to secure funding】

3、单选题：
______ breaks up a company into different groups based on specialization of the work. ( )
选项：
A:Flat structure
B:Functional structure
C:Divisional structure
D:Matrix structure
答案: 【Functional structure】

4、多选题：
The advantages of a flat business management structure include____. ( )
选项：
A:Faster decision-making
B:Encouraging innovation
C:Less hierarchy
D:More autonomy
答案: 【Encouraging innovation ;
Less hierarchy ;
More autonomy】

5、单选题：
_____ refers to the process of providing money for business activities to make purchases or investments. ( )
选项：
A:Management
B:Financing
C:Marketing
D:Production
答案: 【Financing】

6、单选题：
______is a common type of debt financing from the bank. ( )
选项：
A:Bank loan
B:Venture capital
C:IPO
D:Bond
答案: 【Bank loan】

7、单选题：
Which of the following points is not an advantage of equity financing? ( )
选项：
A:Retaining business ownership
B:Less financial pressure
C:No need to pay back money
D:No need to pay interest
答案: 【Retaining business ownership】

8、多选题：
_____ are the commonly used production factors for producing products or service. ( )
选项：
A:Entrepreneurship
B:Capital
C:Land
D:Labor
答案: 【Entrepreneurship;
Capital;
Land ;
Labor】

9、单选题：
_____in market economy act as a signal for producers and consumers in making business decisions. ( )
选项：
A:Production
B:Government command
C:Price
D:Management
答案: 【Price】

10、单选题：
_____is not a possible feature of the market economy ? ( )
选项：
A:Voluntary exchange
B:Unplanned activity
C:Private ownership
D:Centralized decision making
答案: 【Centralized decision making】