Section 1: Language knowledge (40 marks)
I. Choose the words that best fit the gaps in the following passage.
Jim Lawrence runs a firm with a turnover (1) ……… over $3 million. Yet only fifteen years ago he
owned a farm (2 ) ……… was struggling to (3) ……… a profit. For a few years in the 80s, he
worked (4) ……… an estate agent to earn some extra money. In 1993, Jim was asked to make an iron
candlestick. He (5) ……… $50 to get started and soon had a new business. He received lots of orders and
decided to (6) ……… his farm buildings to workshops.
“I have had no formal training in iron work”, says Jim, “but I have always liked making things”. These days
he (7) ……… thirtytwo people to help him and he has a very successful business. It is a mailorder
company and Jim has (9) ……… invested a lot of money in IT to maximize (9) ……… . During the
last 15 years, he has won two very important prizes for business, one in 1996 and (10) ……… in 2002.
1. a. for b. of c. at d. on
2. a. who b. whom c. whose d. which
3. a. take b. do c. make d. invest
4. a. for b. in c. as d. of
5. a. lost b. spent c. threw d. found
6. a. consist b. transfer c. convert d. invert
7. a. employ b. was employing c. employs d. employed8. a. recently b. yet c. never d. seldom9. a. efficient b. inefficient c. efficiently d. efficiency
10. a. another b. other c. the other d. othersII. Choose the best answer
11. The cost of a company’s shares is its ……… .
a. market share b. share price c. turnover d. overheads
12. The percentage of sales a company has in a particular market is its ……… .
a. share price b. turnover c. market share d. net profit
13. The company employs a ……… of nearly 5,000.
a. employees b. labour c. workers d. workforce
14. A company which is more than 50% owned by another company is called a ……… .
a. subsidiary b. parent company c. head office d. branch
15. We ……… independent and impartial advice on mobile phones.
a. do b. launch c. make d. offer
16. We want to be sure that we can ……… the needs of our customers.
a. respond b. accept c. meet d. make
17. After 2 years in which the price of PCs has fallen by half, the price of software ……… down too.
a. is coming b. come c. would come d. came
18. As a rule, cheap imports ……… to greater competition.
a. are leading b. lead c. leads d. is leading
19. How do you ……… with customer complaints?
a. deal b. treat c. do d. have
20. They need to improve the products’ ……… .
a. packed b. pack c. packaging d. package
21. Afitel Company is committed ……… creating and delivering value.
a. for b. to c. at d. in
22. The product was very popular. We sold ……… on the first day and ordered more stock.
a. out b. on c. in d. for
23. If a product is ……… sale in a John Lewis store, you know you can trust it.
a. at b. to c. on d. of
24. Turnover was €57.2 million, an increase ………15% on last year.
a. on b. of c. in d. by
25. Can we move ……… to the next item on the agenda?
a. on b. up c. away d. for
26. Now is a good time to invest ……… the property market.
a. for b. of c. with d. in
27. The pretax profit was USD 15 million ……… the profit aftertax was USD 8 million.
a. because b. in spite of c. while d. due
28. Our biggest customer is McDonald’s, ……… most of you will be familiar with.
a. that b. which c. Ø d. all are correct
29. Next, I’ll explain ……… we’ve been so successful in the fashion industry.
a. why b. that c. which d. if
30. I think one of the major reasons for the company’s success is the markets ……… we operate.
a. when b. on which c. which d. where
31. Currently, we ……… the next stage in our development.
a. consider b. will consider c. are considering d. have considered
32. Its products are ……… by many celebrities in the world of music and sport.
a. endorsed b. endorsing c. to endorse d. endorsement
33. ……… is involved with managing and organising the work of a company.
a. Accounts b. Personnel c. Administration d. Sales
34. Because of the high cost of dollar, exports ……… well.
a. aren’t doing b. hasn’t done c. don’t make d. aren’t making
35. Nokia ……… in manufacturing mobile phones.
a. specialises b. specialising c. specialised d. will specialise
36. Nature’s Way Foods is a foodmanufacturing company ……… on the south coast of England.
a. basic b. basing c. based d. bases
37. We are a highly ……… business.
a. compete b. competitive c. competition d. competing
38. We have now got a very wide range of ……… .
a. productivity b. producers c. products d. production
39. We have ……… moved to our new head office in central London.
a. success b. successful c. successfully d. succeed
40. If customers want ……… about our service, they can call our hotline.
a. complain b. to complain c. complaining d. complained
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