Wholesalers buy goods directly from retailers (2) A retail outlet is the plac...

李老师

Wholesalers buy goods directly from retailers
(2) A retail outlet is the place where customers can purchase goods.
(3) Specialist retailer is a very large shop with many departments or sections.
(4) E-commerce refers to electronic shopping from companies’ websites.
(5) Barcodes cannot provide information about the price.

Part 4 Tell whether the following statements are true (T) or false (F) （10分）
(1) CEO stands for Chief Executive Office.
(2) Philips is the world’s biggest electronic company.
(3) Philips’ headquarters have moved to New York, US.
(4) “Let’s make things better” is Sony’s creed.
(5) Public relation can be shortened as PR.

Part 5 Read the following passage and answer questions （15分）
Name, shame and claim from late payers
The late payment of commercial debts bill will soon become law. When it does, small businesses which employ fewer than 50 people will have the right to charge a hefty rate of interest to the 1% of larger businesses that pay late.
Unless an existing contract states otherwise, invoices will have to be settled in 30 days, or the creditor will be able to charge interest at 8% over the Bank of England base rate. For habitually late payers, the penalties should act as a deterrent.
According to a survey by Grant Thornton, the speed of payment varies greatly from nation to nation. The Finns settle their invoices in 24 days, the Fanes in 35 days, the Swedes in 37, and the Germans in 38. In the UK creditors must wait almost a fortnight longer—the average payment period is 50 days. Still worse, a NatWest survey of small businesses found that one in 10