[简答题]Federal Express

[单项选择]Why does the professor take Federal Express and Airborne Express as an example in his lecture
A. To display how form utility is created.
B. To illustrate how time utility is created.
C. To explain how place utility is created.
D. To show how ownership utility is created.

[单项选择] People Express
People Express, founded in April 1981, grew rapidly on the basis of low fares and no-frills service. It soon became a leading airline and (19) changed the industry as firms constantly engaged in price wars to lure passengers. Then, People Express’ bubble (20) because it overexpanded, consumer complaints mounted and other airlines matched its fares on popular routes. In 1986,People Express (21) hundreds of millions of dollars and was forced to sell out to Texas Air, the owner of Continental and Eastern Airlines.
In early 1987,Texas Air (22) People Express into its Continental division and industry observers believed (23) the costly fare wars would be ended. They could not have been more wrong. To stimulate business for its (24) Continental Airlines, Texas Air instituted a new low fare category (25) MaxSaver. The fare offered pric
A. little
B. slowly
C. quick
D. radically

[填空题]The Federal Reserve System
Correct Commonly known as the Federal Reserve Bank or the "Fed", this is the central
Which bank of the United States which founded in 1913, it determines the Reserve
34 Requirement within limits set out by the US Congress. The function of the Fed is
35 economic stabilization operate through the management of the national money
36 supply. The Federal Reserve System comprises with a board of governors with
37 seven members both stationed in Washington D. C. The responsibilities of the
38 Fed system are carried out through 12 Regional Federal Reserve Banks
39 controlling. The members of the Fed include the commercial banks, i.e. those
40 with the national chartered commercial banks and approximately to 10% of the
41 State-chartered commercial banks. These member banks buy stock from their
42 Regional Federal Reserve Banks is the larger body of the Fed system which
43 determines what the interest rates of the U