- •Module 4 Student’s Guide April - June 2007, for Finance Department students (3rd year)
- •Examination Marks:
- •1. Choose the alternative that best suits the context.
- •2. Choose the word or word combination to match the definition.
- •3. Choose the sentence which is close in its meaning to the statement.
- •5. Choose the correct alternative to fill each space in the text.
- •6. Choose the correct preposition.
- •1. Choose the alternative that best suits the context.
- •2. Choose the sentence which is close in its meaning to the statement.
- •3. Choose the alternative to express the same idea as the word or phrase italicised.
- •4. Choose the correct alternative to fill each space in the text.
- •5. Choose the correct preposition.
- •1. Choose the alternative that best suits the contexts.
- •2. Choose the alternative to express the same idea as the word or phrase italicised.
- •3. Choose the correct alternative to fill each space in the text.
- •4. Choose the sentence which is close in its meaning to the statement.
- •5. Read the text then write “t” if the statement (81—90) is true and “f” if it is false.
- •6. Choose the correct preposition to fill each space in the text.
2. Choose the alternative to express the same idea as the word or phrase italicised.
41. The company’s plan of action is being developed at the moment.
a) budget b) strategy c) objectives
42. Our central office is located in St. Petersburg.
a) subsidiary b) subdivision c) headquarters
43. I am planning to work abroad for a few years.
a) overall b) overseas a) overtime
44. The top managers are responsible for reaching the company’s objectives.
a) producing b) advertising c) achieving
45. The operating divisions of our company are managed like separate small businesses.
a) run b) responsible c) established
46. William Colgate launched the Colgate Company in 1806 as a starch, soap and candle business in New York City.
a) sold b) founded c) closed
47. Last year their profits were more than $1 billion.
a) increased b) raised c) exceeded
48. We need to hire some 30 new people.
a) fire b) sack c) recruit
49. We continue to have a close partnership with the environmental societies. a) set up b) establish c) maintain
50. Last year we established a new subsidiary in the North West Region.
a) produced b) set up c) targeted
51. Our company has either to make changes and introduce new ideas or die. a) increase b) innovate c) split
52. An American called Elias Howe invented the sewing machine but Isaac Singer stole his legal document, which gave him the exclusive right to sell an invention.
a) insurance policy b) patent c) memorandum
53. At the beginning of the meeting boss said that the company’s results obtained over the last three months left much to be desired.
a) performance b) sales c) research
54. The work done in order to investigate the market shows that there are a lot of opportunities for our product.
a) promotion campaign b) market research c) advertising
55. Our company added $10 million a year to the amount of money used for the research.
a) research development b) market research c) research budget
56. I am responsible for the International Trade Department.
a) in charge of b) setup c) determine
57. Baltika’s headquarters are located in St. Petersburg.
a) central office b) CEO c) top managers
58. Our employees often get certain sums of money in addition to a salary.
a) cheques b) bonuses c) motivations
59. The new management strategy in our company is associated with the reduction in the number of employees.
a) shortening b) abridgement c) redundancies
60. The management structure of our company should be made more efficient.
a) changed b) rationalized c) worked out
61. All candidates for the position of a marketing manager should write detailed description of their characteristics and experience.
a) their portraits b) their attitudes c) their profiles
3. Choose the correct alternative to fill each space in the text.
Chevron Corp., the second-largest U.S. oil company agreed to (62)______ third-ranked Texaco Inc. in a $35 billion (63)________deal that formed (64)__________ powerhouse, sources familiar with the situation said.
Chevron and Texaco (65)__________ as the world’s fifth- and seventh-largest oil companies. They (66)_______long viewed as ripe to (67)_______ in the consolidation sweeping the industry.
The (68)________ of both companies approved the deal after details of the (69)________ were finalized.
Cost-cutting is a key (70)________ of the deal and Chevron plans to (71)_________ $1.2 billion in costs from the combined company. Chevron expects the deal (72)________ earnings (73)_______ and cash flow after it (74)________ the cost-cutting goals.
62. a) buy b) buying c) have bought
63. a) share b) stake c) stock
64. a) a production b) an energy c) an economic
65. a) consider b) rank c) range
66. a) are b) were c) have been
67. a) participate b) hold c) manage
68. a) employees b) managers c) boards
69. a) transaction b) company c) situation
70. a) profit b) goal c) plan
71. a) cut off b) increase c) fall
72. a) boosting b) to boost c) boosted
73. a) per stock b) per stake c) per share
74. a) hits b) achieves c) aims