日八月一十年二八九一公年一十七國民華中

-期星

WAH KIU YAT PO

報日僑

育教育體真三第張六第日三廿月九年戌壬歷夏:

的烈:

63-42壓

壓軸精彩戰輪椅籃球決賽

02 澳洲擊敗日本

傷殘事務大臣羅斯主持頒獎

麥克,因而走罷了該役」十比六十三之数而

级中於赛树射手娶菲及球的機會,但終要以酒 青年籃球

居亞軍。....

對青年會,九時半(男 £4 (KEK)EVE

還治其人之身;在前場 LE BOOKNEK...

力演出稍偽急躁的伊路 .四次犯規的高大球垦伊·持。

有出色鈎出之大號球積 伊力,使他的入球不斷後,大会立刻语

·及體力活姿的查理桧流甸。首名成五十四秒四, 右爲傷殘體協會主席届赛莲 -義肢混合組四百接5冠軍澳洲,亞軍香港,季軍至 分鐘澳渕暫停後,身负,仍陸事務部大臣癮斯卡|育館,七時半,女少決寶石對塔莉槃。免费歌 以上頜碼,下半場十九 儀式由英國社會保阵及在九龍上面,界限街體聯。八時半(男宵決) OKERFACE C 997• 图形,魏洲一直以七分發獎牌子各參賽地區,比賽,今日共五場賽事(女青文)公民的那好

·市政盃否少年球長沙灣體育館,七時半 今日五塲,少决Ö青年對儲康村,

-就立刻採取盯人堵截戰

術,這令到日本球員

KAEERIKA • 醒之攻勢,完全消失,

綠爾澳洲除以三十

露出勝利微笑。 金牌失而復得,各選手在頒獎台上, 陳透不過氣來。牛級紀,因爲日本隊生意力太,日本雖得到兩次射时 傅激光爲出色,使日本 仰推詡的鏡頭頻頻出現,距完塲時間只得一分一 投射及十號球員查理之一由於戰劇烈,球員人出場後才得以改觀,但 二醒敗日本隊,奪得金,超仙,而且越戰越勇, 不能利用强大臂力去發爲規的處變,在完場前 澳洲除以六十三出四十分鐘過後,即以六對二消彌澳洲球員,使他們 隊角还冠軍寶座。結果一低澳洲陳随母反筏,四堵塞戰術,利用真草去分 元 龍內由日本除及澳洲一初,日本隊先拔頭署,除,下牛地摊用以拍機以個人技術入滲扣籃得 赛决赛昨午一時正在狀」以上半塔爵甚。接戰之一,铿教練提示之日本 ∵特悯)橁[琜一,因而影响其設現,尤校上伞塔尤爲可觀 「其中以六號球比伊力之一揮他們檢椅高速盯進,一分鐘,澳洲伊路五犯 二至五級女子輪椅四百接。港隊

日本除在前堣鹕步

,昨仗澳洲隊之取粉

| 海东合作,投射以至控

,實屬合理戰染,其無

坡增添二面金牌。

季軍韋斯文(澳洲),成積十九秒 。關明强四百公尺亦列前茅,替星加 (星加坡),亞軍法德高(澳洲),

男輪椅百米競賽五級冠軍關明 - 則可能由於過份緊張 日本臥床整軍容,比

義肢混合組港隊力戦而敗

BRE

·燒肢四百接 分台商之直送-4暴行,塔森四人分兩組來回穿梭,接力時不慎跌倒,只能得第三名,而冠軍由日本 向至陰,鞍特别的酷,撇第二家米接力,在司該項比賽,香港由於其中一名參賽選手在第二次 義版社之接力賽一如普通比賽一樣,向姬開針方,且在教練及工作人員循循善誘之下,順利完成了 ;或泊泊像及身鹰唔系完成發力尚学。椅椅組及,第二表位日本及第五種道的馬來西亞,各隊除

·需要各運動習的身僭要對照可,如互相手柑鯤 作爲接力的,加該項賽事的有第一織的香港 「有组四于四百米接力坡路,迅速地重新站起來去完成賽事,及其他接力成員 中·戴·賽斯·以從胺魂合]名太心急而致失足的除风,带着論血的足 ,

他金是接力項目,為了適合選手需裝,發力許,而他們是領隊分爲兩組,福對的五十米後手掌接 .臨時加霜的個人一百及四宮崎絲組公開賽外,其距離的接力賽,乎均每位隊到要跑五十米路程, 咋天所行的铳变,除了早上可戀揭項息 接力,擴大會表示,爲適應名選手禮粪故役此項 就得,馬來西亞得亞軍:香港此項雖然脫北,但

激烈,參加該阿比賽的有實力明大的魂洲,佔地在裤换很多的形筈下,仍然本着装有È神奮力作 容,精神可猛,怪不得賽後他們的教杶死慕卤

港女輪椅四百接力

軍寶座失而復得

ERASE

· 當各運動員上護,發令過舉起發會館後,金,雖然他們未依名列前茅,但各人亦一樣感到快

·成志首先嘅出,第二後漢洲選手第二,第

FEXUS 51KURKRES HERSE

前兩怙身位,當光線佔發而成後,她為第一金牌的賽事。 :

粉制和生产息稱,班雄一剃,第六條的啓逃

*

成義

義肢混合租四百接力冠军澳洲畬

3

日本六三比四二。榮膺盟主。

男輪籃球决賽,日本對澳洲競爭激烈,拮果澳洲在

男義肢四百米競賽冠軍菲律賓的科拿斯,亞軍澳洲

他兩名點手製甜米,但香港的熱梓敬亦不能,直 三縣走第三最快的一名選手,接力我會雜誌 日本,可惜,港女囚鸟茲日本拋離太強 - 故此 西在該廟比賽亦只能在他之後得第四。荷計比在了不少時間,港融乘時區,超越澳洲巍而威 第四區的號凶印,已成為澳洲及香港之天下,矯而行,可是日本隊從第二條匠開始,經已擺脫了 甘比,他是A六八潁一百公尺的季軍,香港高成府,稍欠默契,故此第二及第三莚區接力時,阻 個一直未能威脅他們,櫻熱色设施第三棒的是荷香港及澳洲,遙遙領先,澳洲選手因爲在接力方 强凸起咬牙根,注裿第二位,其轉入第三及第 賽事塩行時,日本英雄一馬當先,而港女則斷尾 中,未能完成接力埃溼。故被取消資格,港隊因

只能繳日不之後過終點, 西兒,因爲日本選手在比賽中,最後一次接力 可貼!香港選手只為未能奪金牌而回失望了

·與港隊一同爭彩錯頃的有日本及澳洲兩隊,

·賽,是本港昨日所得的唯一 二至五级四百米接力一鎂尼,成績一分四九秒·····

DA

痙攣二百接 比賽地笹本龍一百米,港隊其中一名選手得獎後,而鋁激愛地說。

另外一項較縣特別 [而能夠補上冠軍位。「返真令我區出望外!」

18

2

FESPK

1983 中學會考試題預習專欄

王春光 ├提供資料

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| 明德出版社薩勵德

ECONOMIC (7)

K.K. Wong & L.T. Chan

Mill & Dale Press Ltd.

BUSINESS UNITS AND OWNERSHIP

Definition of a firm

a firm is a business unit formed for the purpose of carrying on „some kind of economic

activity. It is the basic unit of production. Most business firms are privately owned and motivated by profits. It should be noted that ownership is a determin— ing factor in a firm's behavior.

Public and Private: Enterprises

The basic unit of planning and control over production is the enterprise. The terms firm and enterprise. actually belong to one group. All modern economic societies have such control units, but there are wide. differences in the ways they are organized.

Public enterprise 16 owned and managed by the state, In Hong Kong, the owner of such enterprise is the government. The Post Office, the Water Works, the airport, and the British section of Kowloon and Canton the Railway are public. enterprises,

Private enterprise is owned and managed by the private individuals. In our community, which follows the laissezfuire (free enterprise) principle, most of the commercial and industrial concerns are privately owned.

The Sole Proprietorship

This is the oldest

and simplest type of firm that has the

characteristic of "one- -man" business. All the

firm's decisions are centered in him, all profits from the firm is his, and he is personally liable for all the firm's debts. There is no legal distinction between the personality and possessions of the owner and those of the firm. In fact the owner is the firm and is personally responsible for everything the firm does.

The Partnership

A partnership is composed of several (more than one) owners who pool their resources. together to form the

firm. The partners agree among themselves about how much capital each is to contribute, what role each will play in the management, and how much each will share in the profits. A partnership. has more capital and resources and thus has greater possibility of staying in the business. Since different partners may have different skills or experiences, each can. contribute to the firm in various ways. Also there is flexibility and adaptability for the firm when partners are directly involved in Esupervision and thus the

motivation to work is therefore strong. The Limited Company (Joint-stock Company

This is a legal form of enterprise (organiza- tion) designed to take. advantage of large-scale production methods by

pooling the wealth of

many people into a single enterprise while at the same time maintaining centralized control over,. and responsibility for,

operations.

The major characteris- tic of a limited company is that the liabilities. of shareholders are. limited. This simply means that the liability of the shareholder is

limited to the fully paid up value of the shares

he holds, so that should

the company find itself. in difficulties and unable to meet the demands of its creditors the shareholder can lose no more than the amount he has invested, the rest of hi property being free from any claims by the company's creditors.

In Hong Kong, Fimited company is set up under the Companies Ordinance. Each limited company is a legal entity, i

it is treated as a legal person and has the right Losue ana, to be sued, can own property in its name and makes contracts. The capital of the entity is divided into shares and the shareholders normally do not manage the firm, instead, a Board of Directors is elected and it holds responsibility to the shareholders, Le., to report the state of

and publish the

Sports to the

public.

There are two types of limited companies, the public limited company and the private limited. company. The two are quite different as far as legal commitment,

organization, and capital raising are concerned. The Co-operative Society

This is another form of business organization but is quite distinct in its structure and objectives. The major aim. of such a society is to provide benefits which are common to all its members.

The most common type of co-operative society is the Consumers' co- operative. The owners are sometimes also the customers and the profits are distributed among the members. The students! co-operatives in many universities are examples of such. In Producers" co-operatives, the

workers themselves own the business and elect some of their members t

manage it, the profit

2

then being divided ́ation'g them. Co-operation among farmers is a good example. of the producers co-operatives.

... Co-operative societies in Hong Kong have to register with the Registrar of Co-operative Societies and is incorporated under the Co-operative Societjes Ordinance. Presently there are over 400 registered co-operative societies and all are under the control of the Registrar (The Director of Agriculture. and Fisheries). Examples of co-operative societies. in Hong Kong are the rural societies (e.g. the Vegetable Marketing Societies), the fishermen's societies (e.g. the Federation of Fishermen's Credit Societies and the Urban Societies (e.g. the Building Societies) QUESTIONS

1. Distinguish between a

public limited company. and a private limited. company.

The public and private limited: companies are different in many aspects. A private limited company is

It should be noted that the financial statement of a private limited company is not open to the public and there is a close relationship between. shareholders and. managenent for such a company. The opposites are true for the public limited. company ie. the financial statement of the

company is open to the public and the shareholders usually only invest without taking part in the managerient of the company.

What are the-

advantages of public enterprise

pri VLE.

enterprise?

Advantages AFIS

CULESPrise

Punane enterprises are motivated by

the

consideration of the Well-being and interest of the peopl not that of making profits. Therefore a state-owned

that

organization can of to the public cheer uniforu-piece and Tegutari. services, products. Unlike private enterprise systea, excessive competition can be avioded and the

government can ensure

essential goods and socially necessary services are maintained. Public investment also can finance longterm and big projects such as the lover Cove Scheme which is too costly to private investors. Generally speaking, a government-run enterprise has better access to various. kinds of information and statistical data and thus enables. further development. . Advantages of private enterprise

The activities of private enterprises are generally regulated by the law of demand and supply Competition amoug private enterprises not only lead to new product and technology development

(innova) and thus:

economie progesa, but also allows a wider range of higher quality goods and services offered to the consumers. In addition, competition ensures price to: be kept at a competitive level go that consumers can be beneficted more, The profit-making Sobjective is a

powerful incentive in making private enterpriser to work hard and display greater initiative in his work This kind. of drive usually léails to more efficient and effective management. Moverover, the free. market ensures the optimal (best)

蓮粞

allocation of

resources including Labour and thus the. possiblity of wastage of resources will then be limited. Hence in

such a system, the interests of the consumers are taken. care of zip-that, these worked production of various goods and services is based on satisfying consumers' needs. usually small in scale und its number of shareholders ranges, from 2 to 50 public limited company is usually large out there is uo upper limit in the number of shareholders, but

there must be at least seven. The shares of a private limited company are not quoted in tire stock market and thus it can only

from its raise capital shareholders in private. On the other. hand, the shares of the public limited company can be quoted. on the stock market and therefore it can. raise a large amount of capital from the public through the. stock exchange by issuing shares or issuing debentures

(bonds). In this way,

a large amount of capital can be accumulated from small savings of the public for the public. limited company.

As far as the private limited.

company

is

sharehojen

rned

cannot

transfer his shares without the consent

of the company nor can any invitation be made to the general public to subscribe for shares. Henco the company cannut he controlled througies trading of shares. Also, the shares cannot be used for speculatiou. For the publie limited companies, shares are freely traded in the stock exchange and the company can be controlled by

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