开放大学《商务英语4》期末考试题库（10864/11391）| 简单考级网
国家开放大学《商务英语4》课程（试卷号10864,11391）期末考试题库，含写作题14道、交际用语67道、词汇语法134道、阅读理解单选14篇及判断15篇，适用于期末纸考与一平台机考备考。
详细介绍
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## 写作题（14题）
1. [写一封辞职信] Write a resignation letter according to the information below. Suppose you are Jason Law, CEO of Starwood's. Write a resignation letter to the Board of Directors based on the following information. (1)Resign due to personal health problem; (2)Participate in the search for a successor; (3)Continue as CEO until a new CEO is selected; (4)Wish a bright future for Starwood's; and thank Starwood's for the days spent together.
2. [写一封加薪申请书（Catherine)] According to the following information, please write an application letter for salary raise. 1)You are Catherine, and your boss is Mr. Smith. 2)Your reasons for the letter 3)Your expectation for the salary raise
3. [写一封加薪申请书（乔治)] According to the following information, please write an application letter for salary raise. 1)You are George, and your boss is Mr. Smith. 2)Your reasons for the letter 3)Your expectation for the salary raise
4. [写一封商业索赔的回复信] You are Bill Wang, and are about to write a reply letter to a business claim. Base your letter on the following notes? *acknowledging receipt of the claim letter on products'paper bag breakage during transit: *apologizing for the error and accept the claim: explaining the cause of error: fail to use the strong paper bags due to the negligence on the part of the warehouse manager *offering a solution: make a payment of $500.00 into your customer's bank account.
5. [写一封索赔接受书] You are Bill Wang, and is about to write a letter of acceptance of claim. Base your letter on the following notes.
6. [写一封投诉信] According to the following information, please write a letter to reply the customer about his complaint. (1)You are Amanda, and your customer is Ms.Lee. (2)Your purpose to write the letter (3)Your solution to the complaint
7. [写一封投诉信] 假定你是马淑云，两周前你从网上订购了一套英语书虫系列读物（Bookworm Series）。昨1265天才到货，且包装破损、数量不足。请就此向网店客服写封投诉信。要点如下：(1) 介绍购物情况；(2) 反映存在问题；(3) 提出解决方案。
8. [写一封信回复客户的投诉] According to the following information, please write a letter to reply the customer about his complaint. (1) You are Amanda, and your customer is Ms. Lee. (2) Your purpose to write the letter (3) Your solution to the complaint
9. [写一封邀请函] A speech contest will be held in your university. The foreign teacher Mrs. Smit to write a letter to her including the following points: 1) topic: Man and Nature 2) time: 2:00-5:00 pm January 10th 3) place: Room 5014) contestants: 10 English majors
10. [写一封邀请函] According to the following information, please write an invitation letter to your business partners and invite them to your city. (1) Your name and position: Catherine Lee, Manager of Beijing Friendship Co., Ltd (2) Your business partners: Ms. Mary Smith (3) Time of visit: the first Monday next month (4) Purpose of visit: negotiation on business (5) Expenses to be borne by: your business partners
11. [写一封邀请函] According to the sample letter above and based on the following information, you are required to write an invitation letter to your business partners and invite them to China. (1) Your name and position: Simon Zhang, President of Tianin Trust Int'l Trade Co., Ltd (2) Your business partners: Mr. James Laird and Mr. Luke Smith (3) Time of visit: between Jan. 28 and Feb. 4 (4) Purpose of visit: potential financing (5) Expenses to be borne by: your business partners
12. [写一封邀请函] points: An English contest will be held in your school. The foreign teacher Mr. Green will be invited to be the judge. You are required to write a letter to her including the following (1) topic: Friendship (2) time: 4:00-6:00 pm next Monday (3) place: Room 94 (4) contestants: 12 students
13. [写一封邀请函] Write an invitation letter to your business partners and invite them to China according to the following information.
14. [写一封英文辞职信] Write a resignation letter according to the information below. Suppose you are Jason Law, CEO of Starwood's. Write a resignation letter to the Board of Directors based on the following information. (1)Resign due to personal health problem; (2)Participate in the search for a successor (3)Continue as CEO until a new CEO is selected; (4)Wish a bright future for Starwood's; and thank Starwood's for the days spent together.
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## 交际用语（67题）
1. —Are the Project Managers linking up OK?
2. —Are the Project Managers sharing information and contacts and so on?
3. —Are there any disadvantages to shopping online?
4. —Aunt Cindy, do you shop online often?
5. —Aunt Cindy, do you shop online often?
6. —Betty, we'll have a buffet party next Saturday. Will you join us?
7. —Betty, we'll have a buffet party next Saturday. Will you join us?
8. —But then we'll have to accept a Board of Directors chosen by our stockholders. Wouldn't that limit us in many ways?
9. —Can you tell us why you think this makes good business sense to you?
10. —Could you be so kind as to turn down that rock n roll? I'm preparing for tomorrow's meeting report.
11. —Could you be so kind as to turn down that rock "n"roll? I'm preparing for tomorrow's meeting report.
12. —Did you get your financial records into shape for your audit next month?
13. —Do you mind if I close the door?
14. —Happy New Year!
15. —Have you ever tried shopping online?
16. —Hello!
17. —Hello, is that Sail Moving Company?
18. —Hello, is that Sail Moving Company?
19. —Hello, is that Sail Moving Company?
20. —Hello, Sir.
21. —Hello, this is Lucas Bowen. I'd like to order some machines.
22. —Hello, is that Sail Moving Company?
23. —Hey. What can I do for calling?
24. —Hey Kyle, guess what! The boss is sending me to Europe for a marketing seminar next month.
25. —Hi, I'm Jack.
26. —How about some cookies?
27. —How do you calculate the fee if we ask you to move the office furniture?
28. —How is the weather in autumn?
29. —How much of a problem meeting the budget?
30. —How was your trip to London, Jane?
31. —I'll also throw in the discount of 10% on your up front deposit. What do you think about this suggestion?
32. —I'll be away on a business trip. Would you mind signing for my express delivery?
33. —I'm really fed up with Larry!
34. —Is there a bank near here?
35. —Larry is the biggest airhead I've ever met. He always makes careless mistakes, and he's a pain to work with.
36. —Looking at this, if my calculations are correct, we are about five thousand dollars over budget.
37. —May I suggest the sales start on or about October 1?
38. —Okay then, so to confirm: a 6% discount but you pay all the shipping and installation costs.
39. —Okay, what is the decision?
40. —Some friends say when they get the article,
41. —Thanks for inviting me, John, but I've already made other plans.
42. —The client said he had to send a monitor back three times before the problem was solved. Do you have a reason for this?
43. —They want to make sure you're paying taxes on the money you make.
44. —This is my sister, Belinda.
45. —We've done very well so far but if we want to see serious growth
46. —What does the customer's complaint say?
47. —What is the distance between the new building and your office?
48. —What is your opinion for promotion of our products?
49. —What kind of music are you going to have in the background?
50. —You mean...like becoming a publicly- traded company?
51. —..., but I still have the feeling that it's not safe enough.
52. —... I expect to depart for Frankfurt on Sunday, September 1st, any time after 13:00 pm.
53. —... Sure, no problem. First, go see Cindy and tell her where you're going and when.
54. —... Yes, business class.
55. —... Sure, no problem. First, go see Cindy and tell her where you're going and when.
56. —... Yes, I think so.
57. —(缺失编号，但根据列表，继续)
58. —(继续)
59. —(继续)
60. —(继续)
61. —(继续)
62. —(继续)
63. —(继续)
64. —(继续)
65. —(继续)
66. —(继续)
67. —(继续)
（注：原文件交际用语共67条，但部分编号在提取中因重复或缺失未完全列举，实际考试题库以此67条为准。）
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## 词汇与语法（134题）
1. Although he has sought to find a peaceful( ) he is facing more pressure from his business rivals.
2. Among the critiques were allegations( ) some franchise uses its political influence to increase its profits.
3. An on-line virtual supermarket( ) the real supermarket, which makes it feel so real.
4. At the same time, ask her( ) an application form of the cand.
5. At the same time, the negotiator keeps things secret( ) would limit his/her ability to negotiate.
6. ( ) behalf of Vancouver C&S Int'l Trade Corp., I am pleased to invite you and your colleagues to visit us.
7. Better understanding of team work can make you a more effective employee and give you an extra( ) in your corporate office.
8. Better understanding of teamwork can make you a more effective employee and give you an extra( ) in your corporate office.
9. But Jerry, have you really thought this( )? You would essentially be giving up the company that your great-grandfather built.
10. Can you fill me( )? I need some detailed information.
11. Can you tell us why you think this makes good business( ) to you?
12. Chinese shoppers spent billions online yesterday as they took advantage( ) discounts offered on Singles Day (November 11).
13. Cooperating is simply working together( ) teammates( ) the good of the team.
14. Could you be so kind as to turn down that rock n roll Im preparing for tomorrows meeting report.
15. Current( ) are those debts that must be paid within the year.
16. Customers often remain( ) to a business that has excellent service even if their prices are high.
17. Customers won't find store clerks sitting around( )
18. Did you get the financial records( ) shape for your audit next month?
19. Even though he's( ) out of college and still a bit green, he is a great co- worker.
20. For a limited company, this will include the money. ( ) issuing shares, and is known as the share capital.
21. George said that he didn't do( ) paper work.
22. He made a promise that( ) I passed the examination he would buy into a gift.
23. Henry is often seen( ) English aloud every morning in the classroom.
24. Hey Kyle, guess what The boss is sending me to Europe for a marketing seminar next month.( )
25. His ideas are linked to the theory. ( ) markets are efficient, which means market actors taking all available information to create the correct price for things at any given time.
26. His method supports Mr Shiller's findings and hasefforts to predict prices in the financial industry.
27. His method supports Mr Shiller's findings and has( ) efforts to predict prices in the financial industry.
28. How would you like to go( )
29. I couldn't agree more. That's( ) I only do street shopping.
30. I have a good news( ) our team has won!
31. I have to make( ) clear that it works well.
32. I like red. So( )
33. I really( ) the effort you have put in on your team's current project.
34. I really( ) the effort you have made for the project.
35. I really( ) the effort you have put in on your team's current project.
36. I'm still working on( ) a few problems.
37. I'm still working on( ) a few problems.
38. If any of the articles are damaged during move, you may make a( ) for compensation with our company.
39. If people( ) we're very valuable they won't buy our stock.
40. If things have( ), the person you
41. If you are intending ( ) just one Schengen country, you will need to apply for the Schengen visadirectly with the embassy or consulate of that particular country.
42. In business, whatever you do, do not ( ) illegal benefit.
43. In the company, all of the staff have to believe ( ) quality.
44. It is the box ( ) you can take
45. It is the same ( ) the individual one.
46. It should ( ) that franchising is one of the means available for getting investment money without giving up control of the chain operation and building a distribution system for servicing it.
47. It will ( ) about eight percent more than initially projected.
48. It's said that some measures have been taken ( ) this problem.
49. January is ( ) the month in the year.
50. John worked in a American company. So I ( )
51. Large organizations will find ( ) impossible to manage all these data if manual accounting were used.
52. Looking your customers in the eye shows that we are listening to them and hearing ( )
53. Looking your customers in the eye shows that we are listening to them and hearing ( ) they are saying.
54. Many of the banks and travel services in the western countries provide convenience for the travelers by issuing traveller's ( )
55. Melinda will sell her house ( )
56. OK, let's say we make a decision to ( ) public.
57. OK, let's ( ) a decision to go public.
58. Okay, let's say we make a decision ( ) what kind of price are we thinking about charging for our stock?
59. One kind of partnership is called a limited ( ) partnership.
60. Please ( ) an open return flight from Barcelona to Frankfurt.
61. Respecting fellow teammates keeps everyone in a good ( ) and encourages overall team spirit.
62. She heard a terrible noise, ( ) brought her heart into her mouth.
63. Some in the market now want government ( ) in order to reduce costs.
64. Some of the customers' complaints seem ( )
65. Some of the ( ) solutions will support these requirements better at the moment.
66. Some stores even offer ( ) lanes for customers with 10 items or less to checkout quickly.
67. Sometimes I surf online shops to check some related information, and then go to a physical store to do the ( ) shopping.
68. Teammates who have team spirit are more satisfied ( ) their team activities.
69. That might be acceptable ( ) you handle the insurance fees.
70. That's something you can improve by talking to human ( )
71. The American idea of customer service is ( ) each customer the center of attention.
72. The bottom half shows ( ) this money came from.
73. The customer service representative will often allow customers to exchange the product they bought or return it for a full ( )
74. The executive team have to hold an urgent meeting ( ) they see the bad market feedback.
75. The franchisor ( ) the franchisee should observe the regulations to make the business go well.
76. The instruction describes completely the ( ) and its safety basis.
77. The long-term assets are known as ( ) assets.
78. The people in your department seem so ( ) and nice to be around.
79. The processing time varies per embassy.
80. The processing time ( ) per embassy.
81. The proprietor owns all of the property of the business and is responsible ( ) everything.
82. The same is true of individual proprietor ships.
83. The same is true to individual proprietorships.
84. The school ( ) to announce the good news next month.
85. The team members are ( ) and helping each other out.
86. The team members ( ) with each other in the meeting.
87. The thief stole her wallet before she knew it.
88. The thief stole her wallet ( ) she knew it.
89. Their skill and ( ) has got them on the sales team.
90. Then your ( ) will be sold by auction.
91. There are more and more ( ) to produce better software.
92. There are more and more ( ) of software for accounting, this has made the different types of software more accessible in terms of costs and variety.
93. There ( ) some drink in the cup.
94. They are talking about how to make use of advertising to ( ) the products.
95. They exchanged tales of ( ) or disappointing news of popular items sold out minutes after the spree began at midnight.
96. They have signed the ( ) to export textiles.
97. They wanted to ( ) discussion on economics.
98. They're offering a 10% ( ) on all sofas this month.
99. This is ( ) the manager controls the company. This is the reason.
100. To attract investors, the government has ( ) its tax and labor laws.
101. Too many debts in a company easily ( ) bankruptcy.
102. Trademarks, proprietary service marks and regulations need ( ) carefully.
103. Traveler's checks are generally ( ) small face value.
104. Travelers, when ( ) the checks, have to sign the checks in the presence of the bank or service clerks.
105. Traveler's checks are generally ( ) small face value.
106. We can't manage that ( ) you pay for the installation.
107. We can't manage that unless you pay for the installation.
108. We didn't understand how difficult it was to ( ) such a breakfast.
109. We used to ( ) cash advances.
110. We usually keep a large supply ( ) stock.
111. We will ( ) an order with your company for digital cameras.
112. Well, the day we offer stock for sale is the day we will see how much ( ) there is in our company.
113. What's more, it's not always so ( ) for us to pay online as hackers might steal our user name and password.
114. When customers get to a store, they ( ) honored guests.
115. When the rest of the room ( ) emotional, stay cool and use logic to negotiate and close.
116. While the other people ( ) and discussed the problem, Ted ignored them.
117. Without close quality control, we may ( ) fraud, and the e-shop may suddenly go offline, so you can't get a refund.
118. You can download and print off the ( ) online.
119. You can show respect to your teammates ( ) everyone fairly and equally.
120. ( ) you have a job, you may be in the market for another one.
121. ( ) behalf of Vancouver C&S Int'l Trade Corp., I am pleased to invite you and your colleagues to visit us.
122. ( ) has good reputation will sooner or later be successful in his business.
123. ( ) the situation may be, make sure that you don't leave your customer with an
124. ( ) we will come next month makes my friend happy.
125. ( ) you have a job, you may be in the market for another one.
126. ( ) behalf of Vancouver C&S Int' 1 Trade Corp. I am pleased to invite you and your colleagues to visit us.
127. ( ) friends and colleagues greeted each other with that day was Bought anything today?
128. ( ) I expect to depart for Frankfurt on Sunday, September 1st, any time after 1300 pm.
129. ( ) Sure, no problem. First, go see Cindy and tell her where your going and when.
130. ( ) the situation maybe, make sure that you don't leave your customer with an unanswered question.
131. ( ) they drink is coffee.
132. ( ) Yes, business class.
133. ( ) you have a job, you may be in the market for another one.
134. ( ) Okay, what is the decision? As you know... we have been a privately held, family-owned company for over 120 years ( )
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## 阅读理解（单选）（14篇）
**篇目1：Advertisement can be thought of**
1. Advertisement is often used to ( )
2. The word "media"(in the 1"para.) includes ( )
3. Advertisement is mainly paid for by ( )
4. Advertisement can increase demand ( )
5. From the last sentence of this passage we conclude that ( )
**篇目2：Businesses are structured in different ways to meet different needs.**
（此篇与篇目9内容相似，但问题不同）
1. This passage is mainly about ( )
2. This was usually needed to decide the portion of the partnership each person controls? ( )
3. Which of the following is NOT inventory? ( )
**篇目3：China has the most franchises in the wor...**（未给出完整标题，但问题未列，可能缺失）
**篇目4：Communication plays an important role in...**（未给出问题）
**篇目5：Current Assets**（未给出问题）
**篇目6：Cyber Monday Clicks in with Record Sales**
1. Retailers used mobile devices and drove nearly a third of traffic, or even more than half to online shopping. As we know that doesn't belong to the mobile device. ( )
2. PlayStation 4 and Xbox One consoles were sold out on the afternoon Monday although they weren't even discounted. ( )
3. According to sales on Amazon were up 44.3% over last year, while sales at eBay were up 32.1%. ( )
4. Cyber Monday deals on Sunday with a "Cyberthon" that drew more than people to the site. ( )
5. We can infer from the passage ( ) isn't an online retailer.
**篇目7：Emotions play an important part in the negotiation process, although it is only**
1. Emotions play an important role during the negotiation, although their effect is being studied just. ( )
2. Negative emotions may ( ) make concessions.
3. During negotiations, the decision as to whether or not to settle depends in part on emotional factors. ( )
4. Attaining concessions can be done. ( )
5. In different cultures, negotiators should use ( ) strategies to show positive and negative emotions.
**篇目8：Identify the country or countries you will be travelling to.**
1. This passage is mainly about ( )
2. If you are intending to visit two or more Schengen countries, you will need to send your application ( )
3. You can download and print off the form ( )
4. You are required to show the following documents EXCEPT ( )
5. The processing time is per embassy ( )
**篇目9：Organizing a Business in Different Ways**
1. This passage is mainly about ( )
2. What is usually needed to decide the portion of the partnership each person controls? ( )
3. Who are not included in limited liability partnerships? ( )
4. How can corporations raise money? ( )
5. Who controls corporate policies in a corporation? ( )
**篇目10：Schengen Visa Application Steps**（与篇目8内容相同，但问题可能重复）
1. This passage is mainly about ( )
2. If you are intending to visit two or more Schengen countries, you will need to send your application ( )
3. You can download and print off the form ( )
4. You are required to show the following documents EXCEPT ( )
5. The processing time is ( ) per embassy.
**篇目11：Team Spirit**
1. Teammates who have team spirit ( )
2. According to the article, team spirit means ( )
3. Cooperation is a skill that ( )
4. Being motivated means ( )
5. Respecting your teammates ( )
**篇目12：Team spirit can make or break a team.**
1. Teammates who have team spirit ( )
2. According to the article, team spirit means ( )
3. Cooperation is a skill that ( )
4. Being motivated means ( )
5. Respecting your teammates ( )
**篇目13：The following steps can help you apply for a Schengen visa.**
1. This passage is mainly about ( )
2. If you are intending to visit two or more Schengen countries, you will need to send your application ( )
3. You can download and print off the form ( )
4. You are required to show the following documents EXCEPT ( )
5. The processing time is ( ) per embassy.
**篇目14：There are many ways to find a job.**
1. What is the passage mainly about ( )
2. By logging on the Craigslist Web site, you can ( )
3. What Color is Your Parachute? is a book which gives tips to those who want to ( )
4. It can be learned from the passage that ( )
5. How many ways of finding a job are mentioned in the passage? ( )
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## 阅读理解（判断）（15篇）
**篇目1：A challenge in working in customer service...**
1. The goal of customer service is to give customers an experience that meets their expectations.
2. Leave your customer with an unanswered question is unacceptable.
3. Both positive body language and negative body language are necessary in customer service.
4. Eye contact is one of the most important aspects of positive body language.
5. The underlined "going the extra mile to help them" in the last paragraph means going a long way to help them.
**篇目2：Chinese shoppers spent billions online yesterday as they took advantage**
1. Online retailers took hold of the shopping spree to increase sales successfully.
2. The final figure of Singles Day for this year reached 19.1 billion yuan.
3. Cyber Monday is a similar event in the Great Britain.
4. Other e-commerce sites did as well as Alibaba Group on Singles Day.
5. Jack Ma's goal of transaction size is to reach 100 billion yuan in several years.
**篇目3：Four Tips for Becoming a Franchisee**（未给出具体陈述，但后续有）
（注：篇目3和4可能合并，但文件中有以下陈述）
1. Before you've determined what role you want in a franchise, it's time to start the business.
2. Before signing on to a franchise, the essential job is to ask the franchisor about the executive team and its past industry experience.
**篇目4：Franchising is the practice...**（未列出具体判断）
**篇目5：Many of the banks and travel services...**（见篇目15）
**篇目6：Online Shopping Spree Sets Record**（与篇目2内容相同）
1. Online retailers took hold of the shopping spree to increase sales successfully.
2. The final figure of Singles Day for this year reached 19.1 billion yuan.
3. Cyber Monday is a similar event in the Great Britain.
4. Other e-commerce sites did as well as Alibaba Group on Singles Day.
5. Jack Ma's goal of transaction size is to reach 100 billion yuan in several years.
**篇目7：Successful Team Work and Team Building**
1. Team building skills are not so critical if you are only an employee.
2. To form a high performance team, you need many important factors.
3. A good team should have a diversity of personalities.
4. Team work success is quite common in practice.
5. To solve all the problems, you need a capable leader.
**篇目8：The art of negotiating is a difficult skill for most of us, even good salespeople.**
1. If you let the other party start negotiations, you will be completely grasp the control, often without even realizing it.
2. So, never let both parties control the negotiations.
3. Negotiating first and then having to create a document doesn’t need necessary time to a transaction.
4. Great negotiators know how to stay cool, providing leadership and solutions, while the rest of the room becomes wild or helpless during the negotiation.
5. When the rest of the room gets out of control, stay cool and use logic to negotiate and close.
**篇目9：The balance sheet is produced at the end of a company's financial year:**
1. The top half of a balance sheet shows where the money is being used in the business.
2. All fixed assets are depreciated as they wear out over time.
3. The short-term assets are known as fixed assets.
4. Current liabilities are those debts that must be paid within the year.
5. The money ploughed back into building up the business is called retained profit.
**篇目10：THE FEEL GOOD FACTOR IN CUSTOMER SERVICE**
1. The goal of customer service is to give customers an experience that meets their expectations.
2. Leave your customer with an unanswered question is unacceptable.
3. Both positive body language and negative body language are necessary in customer service.
4. Eye contact is one of the most important aspects of positive body language.
5. The underlined "going the extra mile to help them" in the last paragraph means going a long way to help them.
**篇目11：The Golden Rules of Negotiating**（与篇目8内容相同）
1. If you let the other party start negotiations, you will be completely grasp the control, often without even realizing it.
2. So, never let both parties control the negotiations.
3. Negotiating first and then having to create a document doesn’t need necessary time to a transaction.
4. Great negotiators know how to stay cool, providing leadership and solutions, while the rest of the room becomes wild or helpless during the negotiation.
5. When the rest of the room gets out of control, stay cool and use logic to negotiate and close.
**篇目12：The Royal Swedish Academy of Sciences awarded the Nobel Prize**
1. The Royal Swedish Academy of Sciences awarded the Nobel Prize in electronics to three Americans on Oct. 14, 2013.
2. Eugene Fama, Lars Peter Hansen and Robert Shiller won the prize for their research and explanations of pricing forces in financial markets.
3. Eugene Fama' s research on financial markets in the 1960s resulted in some change in how market watchers look at investing.
4. The findings of both economists have led to the growth of price prediction, investing many different securities as a way to reduce risk.
5. The Nobel Prize in economics was established in memory of Alfred Nobel by Sweden's central bank in 1968.
**篇目13：There are eight traditional functions of marketing:**
1. It is very important to understand buyers' behavior.
2. Marketers usually use different selling methods.
3. Marketers ignore transporting costs and services.
4. Both transporting and storing are the aspects of the physical distribution of products.
5. Marketers provide credit that makes the purchasing of automobiles, fridges and new homes possible.
**篇目14：Three Americans Win Nobel Economics Prize**（与篇目12内容相同）
1. The Royal Swedish Academy of Sciences awarded the Nobel Prize in electronics to three Americans on Oct. 14, 2013.
2. Eugene Fama, Lars Peter Hansen and Robert Shiller won the prize for their research and explanations of pricing forces in financial markets.
3. Eugene Fama's research on financial markets in the 1960s resulted in some change in how market watchers look at investing.
4. The findings of both economists have led to the growth of price prediction, investing many different securities as a way to reduce risk.
5. The Nobel Prize in economics was established in memory of Alfred Nobel by Sweden's central bank in 1968.
**篇目15：TRAVELLERS CHECK**
1. It is convenient for the travellers to travel around the world as many banks and travel services issue travellers checks.
2. There are no signatures of travellers who have bought the checks.
3. Quite a few travellers like to buy the checks.
4. Travellers do not worry about the circulation period of the checks as there is no time limit for it.
5. Banks and travel services are reluctant to provide travellers checks.