1、剑桥商务英语高级-127 及答案解析(总分：100.00，做题时间：90 分钟)一、Exercise 1(总题数：20，分数：32.00)1.An ordinary shareholder is a part owner of a company.（分数：3.50）A.正确B.错误2.Fixed capital devalues as it is used.（分数：1.50）A.正确B.错误3.Preference shares can be bought in nationalized industries.（分数：1.50）A.正确B.错误4.Co-operatives are non-p
2、rofit making concerns.（分数：1.50）A.正确B.错误5.Shareholders only risk their investment in a limited company.（分数：1.50）A.正确B.错误6.In a partnership the general partner must have unlimited liability.（分数：1.50）A.正确B.错误7.A sole trader must produce a Memorandum of Association before she/he starts trading.（分数：1.50）
3、A.正确B.错误8.Private limited companies have their membership limited to between two and fifty people.（分数：1.50）A.正确B.错误9.All sorts of shares offer annual dividends if the company makes a profit.（分数：1.50）A.正确B.错误10.Debentures are loans to companies.（分数：1.50）A.正确B.错误11.Articles of Association deal with th
4、e external affairs of a company.（分数：1.50）A.正确B.错误12.Limited liability acts as a warning to people offering a company credit facilities.（分数：1.50）A.正确B.错误13.Benchmarking is the comparison of performance in one organization or part of an organization against that in another, with a view to finding ways
5、 of improving performance.（分数：1.50）A.正确B.错误14.Benchmarking replaces traditional methods of quality control and can operate alongside them.（分数：1.50）A.正确B.错误15.A patent is a legal device that enables the holder to maintain a monopoly in an invention for a stated period, which in Britain stands at 20 y
6、ears.（分数：1.50）A.正确B.错误16.In exchange for granting a monopoly in an invention for a stated period, the owner of the invention must make available its details to the general public.（分数：1.50）A.正确B.错误17.Lean production is a totally integrated strategy for manufacturing that came out of the Toyota factor
7、y in Japan and quickly found favour among managers in the manufacturing industry across the globe.（分数：1.50）A.正确B.错误18.Entrepreneurship is the activity of entrepreneurs, who are responsible for the creation of new products, processes, services and markets. They develop new ways of doing business, cre
8、ate new forms of organization and new ways of managing people.（分数：1.50）A.正确B.错误19.Invention is the discovery or creation of a new product or process, whereas innovation is the process through which inventions and new ideas become a business or operational reality.（分数：1.50）A.正确B.错误20.R & D is not an
9、incremental process.（分数：1.50）A.正确B.错误二、Exercise 2(总题数：16，分数：48.00)21.CWS（分数：3.00）填空项 1:_22.EEC（分数：3.00）填空项 1:_23.Ltd（分数：3.00）填空项 1:_24.UK（分数：3.00）填空项 1:_25.MD（分数：3.00）填空项 1:_26.O & M（分数：3.00）填空项 1:_27.PLC（分数：3.00）填空项 1:_28.MTV（分数：3.00）填空项 1:_29.ATM（分数：3.00）填空项 1:_30.MBA（分数：3.00）填空项 1:_31.IPO（分数：3.00
10、）填空项 1:_32.OEM（分数：3.00）填空项 1:_33.IPR（分数：3.00）填空项 1:_34.R & D（分数：3.00）填空项 1:_35.CEO（分数：3.00）填空项 1:_36.POS（分数：3.00）填空项 1:_三、Exercise 3(总题数：1，分数：20.00)There are very few problems 1 startg a small busess 2 one owner. Certa types 3 busess may need a license to trade, 4 example, 5 France, and the name mus
11、t be registered, 6 the UK, 7 the Registrar Companies, then the busess can beg. However, 8 partnerships, and public companies, 9 the UK, certa procedures have to be followed 10 the company can start tradg.（分数：20.00）填空项 1:_填空项 1:_填空项 1:_填空项 1:_填空项 1:_填空项 1:_填空项 1:_填空项 1:_填空项 1:_填空项 1:_剑桥商务英语高级-127 答案解
12、析(总分：100.00，做题时间：90 分钟)一、Exercise 1(总题数：20，分数：32.00)1.An ordinary shareholder is a part owner of a company.（分数：3.50）A.正确 B.错误解析：2.Fixed capital devalues as it is used.（分数：1.50）A.正确B.错误 解析：3.Preference shares can be bought in nationalized industries.（分数：1.50）A.正确B.错误 解析：4.Co-operatives are non-profit
13、 making concerns.（分数：1.50）A.正确 B.错误解析：5.Shareholders only risk their investment in a limited company.（分数：1.50）A.正确 B.错误解析：6.In a partnership the general partner must have unlimited liability.（分数：1.50）A.正确 B.错误解析：7.A sole trader must produce a Memorandum of Association before she/he starts trading.（分
14、数：1.50）A.正确B.错误 解析：8.Private limited companies have their membership limited to between two and fifty people.（分数：1.50）A.正确 B.错误解析：9.All sorts of shares offer annual dividends if the company makes a profit.（分数：1.50）A.正确 B.错误解析：10.Debentures are loans to companies.（分数：1.50）A.正确 B.错误解析：11.Articles of A
15、ssociation deal with the external affairs of a company.（分数：1.50）A.正确B.错误 解析：12.Limited liability acts as a warning to people offering a company credit facilities.（分数：1.50）A.正确 B.错误解析：13.Benchmarking is the comparison of performance in one organization or part of an organization against that in anoth
16、er, with a view to finding ways of improving performance.（分数：1.50）A.正确 B.错误解析：14.Benchmarking replaces traditional methods of quality control and can operate alongside them.（分数：1.50）A.正确B.错误 解析：15.A patent is a legal device that enables the holder to maintain a monopoly in an invention for a stated
17、period, which in Britain stands at 20 years.（分数：1.50）A.正确 B.错误解析：16.In exchange for granting a monopoly in an invention for a stated period, the owner of the invention must make available its details to the general public.（分数：1.50）A.正确 B.错误解析：17.Lean production is a totally integrated strategy for m
18、anufacturing that came out of the Toyota factory in Japan and quickly found favour among managers in the manufacturing industry across the globe.（分数：1.50）A.正确 B.错误解析：18.Entrepreneurship is the activity of entrepreneurs, who are responsible for the creation of new products, processes, services and ma
19、rkets. They develop new ways of doing business, create new forms of organization and new ways of managing people.（分数：1.50）A.正确 B.错误解析：19.Invention is the discovery or creation of a new product or process, whereas innovation is the process through which inventions and new ideas become a business or o
20、perational reality.（分数：1.50）A.正确 B.错误解析：20.R & D is not an incremental process.（分数：1.50）A.正确B.错误 解析：二、Exercise 2(总题数：16，分数：48.00)21.CWS（分数：3.00）填空项 1:_ （正确答案：Co-operative Wholesale Society）解析：22.EEC（分数：3.00）填空项 1:_ （正确答案：European Economic Community）解析：23.Ltd（分数：3.00）填空项 1:_ （正确答案：Limited）解析：24.UK（分数
21、：3.00）填空项 1:_ （正确答案：United Kingdom）解析：25.MD（分数：3.00）填空项 1:_ （正确答案：Managing Director）解析：26.O & M（分数：3.00）填空项 1:_ （正确答案：Organisation and Management）解析：27.PLC（分数：3.00）填空项 1:_ （正确答案：Public Limited Company）解析：28.MTV（分数：3.00）填空项 1:_ （正确答案：Music Televisions）解析：29.ATM（分数：3.00）填空项 1:_ （正确答案：Automated Teller
22、Machine=cash point）解析：30.MBA（分数：3.00）填空项 1:_ （正确答案：Master of Business Administration）解析：31.IPO（分数：3.00）填空项 1:_ （正确答案：Initial Public Offering）解析：32.OEM（分数：3.00）填空项 1:_ （正确答案：Original Equipment Manufacture）解析：33.IPR（分数：3.00）填空项 1:_ （正确答案：Intellectual Property Right）解析：34.R & D（分数：3.00）填空项 1:_ （正确答案：Re
23、search and Development）解析：35.CEO（分数：3.00）填空项 1:_ （正确答案：Chief Executive Officer）解析：36.POS（分数：3.00）填空项 1:_ （正确答案：Point-Of-Sale）解析：三、Exercise 3(总题数：1，分数：20.00)There are very few problems 1 startg a small busess 2 one owner. Certa types 3 busess may need a license to trade, 4 example, 5 France, and the
24、name must be registered, 6 the UK, 7 the Registrar Companies, then the busess can beg. However, 8 partnerships, and public companies, 9 the UK, certa procedures have to be followed 10 the company can start tradg.（分数：20.00）填空项 1:_ （正确答案：in）填空项 1:_ （正确答案：with）填空项 1:_ （正确答案：of）填空项 1:_ （正确答案：for）填空项 1:_ （正确答案：in）填空项 1:_ （正确答案：in）填空项 1:_ （正确答案：with）填空项 1:_ （正确答案：in）填空项 1:_ （正确答案：in）填空项 1:_ （正确答案：before）解析：
