Ч1_2_В2 / TEST 2
.docxTest 2
№1.
Match the words or word-combinations with their Russian equivalents.
1) the highest standard of service – d) высочайшая культура обслуживания
2) stock control – f) контроль капитала
3) «aggressive hospitability» – a) «агрессивное гостеприимство»
4) capital stock – e) акционерный капитал
5) to pay depts. – i) оплачивать долги
6) unlimited liability – c) неограниченное обязательство
7) to follow regulations – b) выполнять указания
8) to expand business – g) расширять бизнес
9) to approve annual budget – h) принимать годовой бюджет
10) in terms of sales – j) по продажам
№2
Match the terms with their definitions.
1) agreement – a) an arrangement between parties as a course of action
2) assets – l) any possession having value, a property or possession
3) money – k) a current medium of exchange in the form of coins and
banknotes
4) owner – i) a person who owns smth
5) profit – g) an advantage or benefit
6) stock – d) an owner of stocks or shares
7) capital – j) the money or other assets with which a company starts
in business
8) company – f) a commercial business
9) salary – e) a regular payment usually monthly or quarterly in
exchange for work.
10) stockholder – h) the capital of a business company
11) employee – c) a person who works inside a company
12) income – b) the money or other assets received periodically or in a
year from one’s business, work.
№3
Fill in the gaps with the most appropriate one of the four options.
This American retailer has grown at an incredible rate since it was
founded.
He built on empire that turned him into the wealthiest man in America.
Its culture is focused on providing better value for customers than the competition.
He brought about the dominance of low-price stores in America.
He saw the value of computerizing purchasing and stock control.
Walton developed various rules which are now firmly embedded in the company culture.
The company has been criticized for being the largest seller of guns in
America.
The company has achieved tremendous growth over the last 40 years.
He also appreciated the importance of information technology.
Despite being a major employer, it has been attacked by certain groups and
individuals for its activities.
1-b; 2-c; 3-b; 4-a; 5-b; 6-c; 7-c; 8-d; 9-d; 10-c;
№4
Match the words that are similar in meaning.
1) charter – c) document
2) debt – d) obligation
3) liability – g) responsibility
4) stockholder – e) shareholder
5) profit – f) benefit
6) proprietorship – g) ownership
7) agreement – i) contract, deal
8) salary – h) wages, earnings
9) employee – b) member of staff
10) regulations – a) law, rule
№5
Match the words with opposite meaning.
1) assets – c) liabilities
2) profit – h) loss
3) agreement – g) treaty
4) income – f) expenses
5) regulations – e) disorder
6) terminate – d) start
7) board – a) governing body
8) borrow – b) lend
№6
Choose the right translation of the word-combination given.
1) customer expectation – a) ожидания покупателя
2) company thinking – c) мнение компании
3) low price stories – b) магазины с низкими ценами
4) city center supermarkets – a) супермаркеты в центре города
5) an enthusiastic management style – a) восторженный стиль руководства
6) relatively high price mark ups – a) сравнительно большое повышение в цене
№7
Complete the sentences using the appropriate derivatives of the words in
capitals.
A board of directors oversees the activities of a company or organization. (ORGANIZE)
The amount of power exercised by the board varies with the type of a company. (VARIETY)
And individual responsibility and management are delegated downward to individual professional executive directors. (MANAGE)
Inside directors are not paid for sitting on a board. (DIRECT)
As a rule, the control of a company is divided between two bodies: the board of directors and the shareholders in general meeting. (MEET)
From the very beginning Walton had three basic beliefs which continue to dominate company thinking. (BASE)
Directors can be owners, managers or any other individual elected. (OWN)
Boards of directors are sometimes compared to an advisory board. (ADVISE)
Like the sole proprietorship, each partner has unlimited liability. (LIABLE)
Without a written agreement the partnership does not really exist. (AGREE)
№8
Replace the words in bold by the words with similar meaning given in
the box.
1. The sole proprietorship has only one owner. (proprietor)
2. The sole proprietorship is easily established, there being no legal formalities. (set up)
3. The owner is the legal entity; he therefore is the one liable for
income tax, paid in his personal capacity. (responsible)
4. Audit of financial statements of the business is unnecessary. (examination)
5. A partnership is an agreement between two or more persons to contribute
money, labor and skill to a business and to run it for the benefit of all. (treaty)
6. Workload and responsibility is shared between two partners. (divided)
7. When organizing a corporation, all initial stockholders elect a board of
directors and draw up charter for the corporation. (bylaw)
8. The company’s culture is focused on providing better value for
customers. (concentrated)
9. In 1962 at the age of 44 Sam Walton decided to open his first
Wal-Mart store in Rogers, Arkansas. (made up his mind)
10. He indicated ten key factors behind Wal-Mart success. (outlined)