TUL ANG4 summer credit test 2010/11 A Name: _______________________
100-60 pass, below – fail Date: ________________
1. Listen to a presentation by Calisto’s President to the Board of Directors and answer the questions: (you will hear the recording twice)
/ 8 points
1. How have IMM reduced their operating expenses?
2. Why is option one not viable?
3. What would be the negative side-effect of buying European Technology?
4. If Calisto cut prices by 10 percent, how much might next years sales increase to?
5. What is the fourth option?
6. What is the downside of option 4?
7. What are the 3 benefits of an acquisition of Reysonido?
8. Does the speaker like the final option (yes/no)?
2. The following graphs show trends in the years 1990 – 1999. Complete the descriptions with suitable verbs, nouns, adverbs and adjectives. / 11 points 
A B C D
Graph A shows the trend in the number of shopping centres in the Czech Republic. As you can see there was a (1)____________ (2) _____________ in the 1990s. Graph B shows the overall consumption of beer. Beer consumption (3) ________________ (4) _________________ over these years. Graph C illustrates the strength of the Czech crown. As you can see it (5) _____________(6) __________ and then (7)__________ ______. Finally graph D shows the production costs of the company Škoda auto. There was initially a (8)__________ (9) ____________. Costs then (10) _____________ a little before (11) _____________
3. Fill in the gaps with a,b,c or d to form an appropriate collocation / 5 points
We will _________ the goods right away and they should be with you by Friday, sir.
a) deliver b) ship c) sign d) transport
I’d like to __________ an invoice. BA/06/09/ is for $100 but we should have had a 10% discount so I make that $90.
a) issue b) ask c) send d) query
We’ve got to sign a ________ today. We are wasting time with this client! Its yes or no!
a) deal b) letter c) goods d) decision
Hello, Dorothy, could you ___________ a payment for me. BA international have a 6 month outstanding bill. Get on to it right away please!
a) send b) chase c) get d) approve
If we want to win the World Cup contract we have to ___________tough conditions. It won’t be easy.
a) settle b) comply c) make) d) meet
4. Explain the meaning of the following financial words and terms in English / 10 points
1. Merger
2. Acquisition
3. Economies of scale
4. Turnover
5. Due diligence
6. Letters of credit
7. Credit agency
8. Insurance claim
9. Credit card
10. Sales pitch
5. Complete the sentences by underlining the most suitable phrase in italics. / 10 points
1. There are some countries that I’m probably never visiting / I’ll probably never visit.
2. I’m going to / I’ll go to Bali for my summer holiday this year. I booked it last week.
3. I’ll play / I’m playing / I play tennis with Harry this Saturday, so I won’t be able to go shopping with you.
4. Right, I’ve done that for you. I’ll just check / I’m just checking that information with my colleague when she gets back and I’ll call / I’m going to call / I’m calling you back to confirm the booking details.
5. If you’re too hot in here, I’ll turn on / I’m turning on / I’m going to turn on the air-conditioning.
6. Look at those clouds. I think it will rain / is going to rain / is raining soon.
7. I’m spending / I’m going to spend / I’ll spend this afternoon planning my trip to Honduras.
8. I think Brazil will win / are winning the next football World Cup.
9. Are you doing / Do you do / Will you do anything on Saturday? Would you like to go for a drink?
6. Complete the text with the correct prepositions: / 11 points
Did you hear (1) ______ the man who slept with his laptop every night? He insisted (2)______ taking it to bed each night in case he received an important email (3) _______ his boss. His wife complained (4) _______ it of course but never succeeded (5) _______ convincing him to stop. He was totally dependent (6) ______ on his mobile too. One night a customer called and complained (7) ________ the man (8)________ a late delivery. He spent all night persuading the customer that the delivery would be sent (9)_______ the next few days and that he could rely (10) _____ him to solve it. The next morning his wife had left him. Apparently she is in Australia and he hasn’t heard (11) _______ her since.
7. Complete each sentence with one of these words to show the probability in brackets. / 5 points
Almost fully good highly just definitely
We ____________ expect the merger to go ahead (95%)
The merger might _________ go ahead (10%)
There is a __________ chance that the merger will go ahead (70%)
The merger will __________ certainly not go ahead (2%)
The merger ____________ won’t go ahead (0%)
8 Read the article and decide whether these statements are true or false. / 10 points (2 pts per answer)
1 The meeting in Paris was about opportunities in the fashion business. _____
2 The French government hopes to bring Arab money to France. ______
3 Anne-Marie Idrac is a French investment banker. ______
4 The first time a conference like this was held was ten years ago. _____
5 Arab women have traditionally had a lot of control over money. _____
Downturn will not stop march of Arab women By Roula Khalaf
The women gathered in a splendid hotel in the heart of Paris on a recent rainy day. They had arrived in style, some sporting fur coats, others clutching Hermès bags.
Yet this was not a social event nor a fashion show. The guests were some of the Arab world’s top businesswomen and their trip to Paris was to learn about business opportunities, even in today’s difficult economic times.
They were letting themselves be charmed by the French government, which has suddenly discovered that the wealth of Arab women and their rising profile in the business world represents a good source of capital.
Paris, the businesswomen were told, was now a financial centre. Its important contribution to the asset management business, they said, had turned it into the ‘Boston’ of Europe. ‘It is time to invest with us,’ declared Anne-Marie Idrac, minister for foreign trade. ‘You are welcome, you are welcome,’ she added.
The Paris conference, organised by the Arab International Women’s Forum, would have been inconceivable a decade ago.
True, many Arab women, particularly in the oil-rich Gulf, have always controlled big fortunes, largely gained through inheritance. But it is only more recently that they have sought to make their own investment decisions.
It is also in recent years that the club of Arab businesswomen has expanded, creating a new class who have worked their way through family businesses or started their own companies. More confident and determined, Arab businesswomen today are better organised – and more widely heard.
As Fayza Aboulnaga, Egypt’s minister of international cooperation, told the conference, the number of women’s business associations in her country has grown from a single one in 1995 to as many as 22 today. Higher levels of education as well as economic need have sent more and more women into the workforce. Islamic law, meanwhile, allows women to own property and maintain control over their wealth when they marry. FT
9. Choose the best answer to each question according to the article. / 10 points (2 pts per answer)
1 Where have some Arab businesswomen begun work in business?
a) internships abroad b) family businesses c) women’s business organisations
2 How have Arab businesswomen changed?
a) They’ve become wealthier. b) They’ve begun doing business in Europe. c) They’ve become better organised.
3 How many women’s business associations were there in Egypt in 1995?
a) none b) one c) twenty-two
4 How has education affected Arab women?
a) It has increased their ability to work. b) It has decreased the amount of time they have available to work. c) It has doubled their earnings, on average.
5 What does Islamic law say about women’s wealth?
a) Wealthy women should give their money to their husbands. b) They are not allowed to control property. c) They are allowed to make financial decisions after they are married.
10. Make the following sentences sound politer or more diplomatic: / 10 points
1) You have made a mistake!
2) That is too expensive!
3) 7:00 is far too early!
4) You can’t wear jeans to work!
5) Don’t you trust me to pay?!
11. Reduce this presentation extract to five points on one presentation slide. / 10 points
“Good afternoon everybody. I’m here today to tell you about the Maptech i3, an extraordinary, integrated nautical information system, where a touch-controlled screen enables you to enjoy single finger operation of several different navigation functions. Let’s start with the Touch Screen Command. Just by touching the screen, you can view and change charts, calculate distances and create a route. The large colour display screen automatically shows you a birds-eye view of where you are. Moving on to what’s below the water, thanks to the radar overlay, you see exactly what the fish are seeing. Now can I just turn to communications? The Maptech i3 can send fax, email and voice messages. You can even send a message showing your boat’s location and receive weather reports.”
powerpoint
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