- •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.
5. Choose the correct alternative to fill each space in the text.
In 1995 Nestle carried just two products in Russia — Nuts candy bars and Nescafe instant coffee. The former Nestle head Andreas Schiapper said no one could (72)________ the company’s tremendous (73)_______.
72. a) foresee b) foresaw c) have foreseen
73. a) growth b) fall c) bull
In 1995 Nestle had an office in Moscow of just 10 people. In 2000 it made a (74)____ of some $430 million and became a (75)______ in several product categories, such as chocolate and coffee.
74. a) sale b) turnover c) campaign
75. a) private company b) market leader c) joint venture
In Russia Nestle has adapted its development to suit local tastes and resources. About half of Nestle (76)______are in chocolate and candy, and the rest (77)_____ between ice cream and instant soups.
76. a) sales b) market c) delivery
77. a) divide b) are divided c) divides
A recent survey of the (78)______ market showed Nestle leading in two market categories - instant coffee and chocolate, with its market (79)______ at 36 and 35 per cent respectively.
78. a) production b) consumer c) local
79. a) stock b) share c) division
Nestle entered the (80)_________ market quickly by (81)________ chocolate companies. In 1995, Nestle (82)________ the Rossiya and Konditer confectionary factories in Samara in the Volga region.
80. a) professional b) domestic c) stock
81. a) selling b) merging c) acquiring
82. a) bought b) has bought c) had bought
By the end of 2000 the company had (83)____ around $150 million in the domestic market, about half of which went to Rossiya.
83. a) lost b) spent c) invested
The company’s (84)_________is to focus on making higher-quality chocolate and sweets in Samara and cheaper candy elsewhere.
84. a) strategy b) production c) promotion
6. Choose the correct preposition.
85. Trade and bank references should be taken into consideration before accepting a customer ____ the credit terms.
a) in b) for c) on
86. All credit terms should be clearly stated ______ each invoice.
a) in b) on c) at
87. To help cash flow we usually ask for a percentage of the invoice value ____ advance. a) for b) in c)on
88. Credit insurance guarantees payment _________ a specific date.
a) by b) over c) to
89. The fees of debt collection agencies are usually based ____ a percentage.
a) for b) on c) over
90. Do you offer your permanent customers discounts __ paying up in time?
a) for b) on c) at
91. We offer you a discount ________ delivery charges.
a) for b) on c) at
92. I found the fax ____the bottom of the pile.
a) in b) on c) at
93. How do you protect yourself __bad debts?
a) from b) against c) for
94. Here is a brief description of the goods covered _____ the credit.
a) by b) in c) of
95. Sorry to inform you that the description of the goods on your invoice differs _________ that on the letter of credit.
a) against b) from c) for
96. We grant _________ an extra week credit.
a) to b) Ø c) for
97. Yesterday we received the fax from our suppliers. They insist ______ prompt payment.
a) on b) to c) at
98. What is the reason ________ the delay in delivery?
a) of b) for c) in
99. We inform you about our company’s policy _________unsettled debts.
a) against b) over c) on
100. We have recently been experiencing some difficulties ________ several large customers. a) over b) with c) from