1981-11-06 — Page 26

報日僑

WAH KIU YAT PO

真二第張七第 日十初月十年酉辛醫蒕

虫法動

澳門亦嚴捉垃圾虫

撥門

款亦

一法,隨意地垃圾之城圾一道戀首先付一百五 動:澳門市政矗亦擬徼「圾,昨天,由市政蕪 澳門市政躍最近,市政底長中地想事。

:香港再次推行清湖·交由公司處理澳門拉 (PA)KZE AHIERME 後會攢示,澳門將最感

撥款四百萬清垃圾

+

威保签工程顧問公司航。(雲) 嚴捉垃圾虫,昨日與豬,意拉圾拉者將被罰 定橋好澳門處理垃圾及麥,三個月後,

旬國補 英

分貿:

̇訪團

該局於六六年成立已來

[總商會出来會中安示:

周輕週周天昨在中華

意大利美國貿易

本月中旬分別訪港

(2)KRAKES - KENNER

昨日會議,由食

亦將繼續塔布 調部

香港出口業而盡力。

自己,香港對外貿易總額,在空調主持,報告談會。

出版

「日由一百七十大億地王、去月先後接待西澳洲伯

自巴澳

會訪定料利東美團中岩

港不廠外投國代、

國工投

国及服務 a湧,已定本月十一日

|提供一切有關商整資料的建築材料商贸易代

有設立辦事處,爲商人、及意大利外部組織

[科卑以登對雅奈羅比均柄州赴舞陳設資代表國

做出的百份之零融客五財。随通過商號及假

俯團一易組表龜

1982

EKEA KEN KONKOREAN FARKET

日六月一十年一八九一圈公年十七國民中育教聞港

五期星

戴歌九*

分

↓近五十四真元,蛋助、地民府及布政司諾 樂基金於一九八零年蛋 團中,甘區民 一九八一年度勁用了接處、祈會福利署,教育 特心戴麟趾康,在一百零四個申新

戴麟趾康樂基金 資助百多項計劃 去年撥五十四萬

本港新聞

大多爲舾育器材及

有計劃,旨在鼓點培 該基金助與康樂、設

狂

奥·百〇四項申請接杴計鹅 | 六百五十元蕊角九分 |千大百四十元三角二晚則爲二萬三千七百八 *提供版共四十九萬*——而一九七九至八〇年

·而故至八一年三月一年利良。.. |商趾康樂基金共批唯一行分配的餘致共六落客 一三十一日止,上年魔戴. 本年度基金留特 萬七千七百零二九分 月另加本金所殺取的全】

一大元七角,基金首一百零九萬五千一百一 五十三萬九千六百一十校上年度的收入 一九七〇年設立以來, 元九角一分。這項增加 致致自已達四百四十七一主要來自一九七九年九

【度批准接出的補助金篇七百零八元八角七分, 民

基金且與利息的線收 參加本熊让合活動。 人身心,及促進市|年月三十一日止,該 一九八〇至八一年 | 入爲二百六十二萬二千 一十八元宮角。八》:

另外,至一九八一

十五F* 八五日,開始在藝術中心包兆龍客席举行 -

敦在醬近既礎。 GRENKOBRDEHEEES · BIO

英歐國際畫展

—攤之十九及二十世纪英国及欧洲查家之作品作日 英國希苟公司主

中學會考試題預習專欄|

雞 物 (X) 明德出版社梁表 提供資料

logy (6)

Leung

TEL & DALE. PRESS LTD.

Unit 5: Nutrition

Liquid X is an

extraction of some

geminating seeds,

1982

boiled

liquid X+

starch

solution

distil

water

4 hour and 24 hours

after the beginning of the experiment,

solutions taken from

the visking tubings and beakers were- tested for glucose and starch, The table below shows the resulta.

Liquid

in

paper clip.

starch

Visking

solution

tubing

distilled

water

Beaker

Liquid X+

starch

solution

distilled water

中學會考試題預習專欄

hour 24 hours

glucose

[E1+++ starch

biglucose

18+ + +

starch:

present Absent

Is it necessary keep the beakers at

that has the character-

istic of "onegan"

business. All the firm's

decision are centered in

him, all profits from the firm is bís,

and he

A&As personally liable for

明德出版社和

參

all the firm's debts.

【陳勵磁 提供資料 There is no legal

Economics and Public Affairs

K.K. Wong & L.T. Chan

MILL

√ & DALE PRESS LTD.

BUSINESS UNITS and (OWNERSHIP

Definition of a firm

JÁ ̃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 firn's. behavior.

Public and Private Enterprisen

The basic unit of Planning and control over Production is the enterprise. The terms firm and enterprise actually belong to one group. All modern Cconomic societies have such control units, but there are wide differ- ences in the ways they ar organized,

- Sublic enterprise is ovded and managed by the state. In Hong Kong) the owner of such enterprise is the government. The Post Office, the Water Worke, the airport, and the British section of the Kowloon and Conton Railway are, public enterprises.

Private enterprise is eviled and managed by the private individuals. In our community, which follows the laissezfaire (free enterprise) Principle, most of the commercial and industrial concerns: oro privately owned.

The Sole Proprietorship.

. This initio oldest and simplest type of firm

distinction between the personality and posses- sions of the owner and those of the firm. In fact the owner is the firm and is personally responsible for every- thing the firm does.

The Partnership

A partnership is composed of several (more than one) ovners 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 profita. 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, ench can contribute to the firm in various ways. Also there is fleibility and adaptablility for the firm when partners sro directly involved in supervision and thus the Totivation to work is therefore strong. The Limited Company | Joint-stock Company)

This in a legal form of enterprise (organization) designed to take ndvantage of large-scale production methods by pooling the wealth of many people into a single enterprise while at the samo time maintaining vautralized control over, and resposibility for

operations,

The major characters. istic of a limited company is that the Ifabilities of the shareholders are limited. This simply means that the liability of the whareholder in limited to the fully paid up vaŠALDYT of the shares lie holds,

the same tempera“

ture? Give reason.

b) Suggest the reagents

you should use and state the results you would expect for testing (1) glucose and (2) starch. Explain why starch was absent in the water surrounding the the visking tubing ofter the experiment d) A hypothesis to

explain the results is that an enzyme was present in liquid X.

(1) Which sets of the

resulta strongly support this hypothesis? (2) What is the

possible function of the enzyme, in the seeds?

Design 2 further experiments to test

the hypothesis in (d) and describe the results if the hypothesis is a correct one.

5. The following diagram shows a model used to

so that should the company find itself in difficulties and unable to meet the demands of its creditors the share- holder can lose no more than the amount he has invested, the rest of his property being free from any claims by the company's creditors.

·it

In Hong Kong, limited company is set up under the Companies Ordinance. Each limited company is a legal entity, i,c., is treated as a legal person and has the right to sue and to be used, can own property in its name and makes contracts. The capital of the entity is divided into shares and the share- holders normally do not manage the firm. Instead, a Board of Directors is elected and it holds. responsibility

shareholder, de

to

report the state of business and publish the annual reports 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, A detailed comparsion of them is found in the question and answer section in the later part of this lesson.

The Co-operative Society

"This" is another form of business organization but is quite distinct in its structure and objectives, The major aim of auch a society is to provide benefits which are connon to all its megbers.

The most common type of co-operative society is the Consumerat co-operative,

are

The owners

customers and the profits are distributed among the netbers. The students' ed-operatives, in many universities are examples of auch, In Producers. covuporativos, the workers themselves OWIL the business and elect

demonstrate a process. in our body.

Rubber tubing

Vaselin

Marble

Hame the proces8 demonstrated by the above model.

b) What do the rubber

tubing and marble represent? Un

c) What would happen if the rubber tubing is squeezed at X? d)(1) Name 2 substances

represented by the vaseline. (2) What is the

function of these Answers" substancea?.

4.

a) The beakers should be kept at the sam temperature, The renzon is that both the diffusion procesa and the enzyme activity are temperature- dependent, Keeping

some of their members to manage it, the profit- then, being divided among them. Co-operation among farmers is a good example of the producers' cooperatives,

Co-operative societies in Hong Kong bave to. register with the Registrar of Co-operative Societies and is

incorporated under the Co-operative Societies

Ordinance. Presently, there are over 400 registered co-operative Bocieties 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 fisher- men'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 Timited company

The public and private limited companies are differ- ent in many aspects. A private limited company is usually small io scale and its number of shares holders ranges from 2 to 50; a public limited company is usually large and there is no upper limit în the number of shareholders, but there must be ot least seven, The shares of a private limited company are not quoted in the stock market and thus it can only raise capital from its shareholdere in private. On the other hand, the shares of the publio limited company can be quoted on the stock market and therefore it can raise a large amount of capital from the public through thợ stook exchange by

the beakers at the same temperature can avoid the effect of tempera- ture on the experimant.

(1) Glucose: add

Fehling's

soļution and boil; the solution would become brick red if glucose is present.

(2) Starch; add a few

drops of iodine solution to the sample; a blue black colaration would be formed

if starch ia present.

d)

Starch molecules - are too large to pass through the semipermeable visking tubing.

(1) Set B and set C. (2) The enzyme may

convert the starch storage to glucose for the respiration of

the germinating seeds,

issuing ahares or by issuing debentures (bonds). In this way, a large amount of capital o can be accumulated from small savings of the public for the pulic limited company.

As far as the private limited company is concerned, a shareholder cannot transfer his shares without the consent of the company nor can any invitation be made to the general public to subscribe. for shares. Hence, company cannot be controlled through trading of shares. Also, the shares cannot be used for speculation. For the public limited companies, shares are freely traded in the stock exchange and

the company can be controlled by purchase ing shares. Therefore, the shares can be". manipulated for. speculation,

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 management for such a company, The opposites are true for the public limited company, 1.e. the financial statement of the company is open to the public and the share- holders usually only invest without taking part in the management of the company. 2. What are the

advantages of public

of enterprise? private enterprise?

Advantages of public enterprise

Public enterprises ore motivated by the consideration of the woll-being and interest of the people, not that of making profits. Therefore stateowned organize- tion can offer to the. public cheap, Uniforn

Exp

Control

Test

1

set: B,

room temp.

Set B

FOOD.

temp.

Set B 4

a few drops of ncl

room temp.

Set B

2°C

If the hypothesis în (1) is correct (ie, an enzyme is present in liquid X), glucose would be present in both the contrals and absent in both tests after the experiments. Peristalsis, Rubber tubing: intestine. cë sophagus Marble: food/bolus The marble would d) move to side B.

(1) 1. Salivary mucin 2. Intestinal

mucus,

(2) Their lubricating

action helps the movement of food along the

intestine.

piece and regular services, or products Unlike private enterprise system; excessive competition can be avoided and th government can ensure that essential goods." and socially necessary services are maintain- ed. Public investment. also can finance long, tern and big projects such as the Plover Cove Scheme which is to

costly to private investors. Generally speaking, à

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 regulat ed by the law of demand and supply. Competition among private enterprises not only lead to new product and technology development

(innovation). and thus economic progress, 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 so that

consumers can be benefitted more. The profit-making object- ive is a powerful incentive in making private enterprise to work hard and display greater initiative în his work. This kind of drive usually leads to more efficient and

effective management. Moreover, the free market ensures the optimal. (best) alloca tion of resources including labour and thus the possibility of wastage of resources will

then be limited, Hence in suck

a system, the interestes of the consumers are

taken