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c) employees

d) workers

e) managers

$$17$$

1. I wondered _____________ they had paid delivery charges or not.

a) that

b) whether

c) which

d) but

e) although

2. The _________ name of the soap produced by our company is "Beauty".

a) logo

b) slogan

c) brand

d) trend

e) mark

3. I wish she_________me about it earlier.

a) told

b) had told

c) have told

d) had tell

e) have been talking

4. Last year we increased our market ___________.

a) stock

b) share

c) stake

d) steam

e) shareholder

5. I am beginning to get __________ worried about the situation.

a) few

b) a little

c) little

d) a few

e) much

6. The _________ "We know the meaning of cleaning" obviously belongs to the dry cleaning company.

a) logo

b) slogan

c) advertisement

d) brand

e) trend

7. A highly competitive market led to higher capital __________.

a) losses

b) growth

c) expenditure

d) experience

e) experiment

8. My car____________at the moment.

a) is repaired

b) is being repaired

c) has been repairing

d) have been repairing

e) had repaired

9. __________values have fallen by around 20% this au­tumn.

a) Share

b) Stock

c) Stake

d) Shareholder

e) Consumer

10. She put all her money into government___________.

a) shares

b) stocks

c) investment

d) deposit

e) credit

$$18$$

1. They ____________ business together for a few years.

a) are running

b) have been runnmg

c) have run

d) had run

e) is running

2. Buying that segment was a __________ mistake.

a) reasonable

b) costly

c) cheaply

d) valuable

e) worthly

3. The machinery ________ in time.

a) were delivered

b) was delivered

c) delivered

d) had delivered

e) to deliver

4. I wish I __________ him yesterday.

a) have phoned

b) had phoned

c) had been phoning

d) have been phoning

e) will phone

5. The Project Team works under the _________of the Project Director.

a) vision

b) supervision

c) leading

d) to run

e) to manage

6. We _________$10 million in a new media venture.

a) spent

b) invested

c) involved

d) waste

e) spend

7. It's important that the new equipment __________ properly tested before launching it to the market.

a) shall be

b) should be

c) would be

d) will be

e) must be

8. Our recent advertising campaign has had a tremendous _________. Our sales boosted immediately.

a) example

b) impact

c) slogan

d) brand

e) trand

9. The board meeting__________at 10 a.m.

a) would start

b) is to start

c) would be starting

d) will start

e) to be able to start

10. I_________for the position of a production manager.

a) applied

b) recruited

c) employed

d) to apply

e) to get a job

$$19$$

1. He made £1 billion by selling sterling just before it was ________and then buying it back.

a) crashed

b) devalued

c) invested

d) applied

e) renamed

2. ___________is the business of selling goods in large quantities and usually at low prices.

a) Retailing

b) Wholesaling

c) Franchising

d) Global sale

e) Total sale

3. ___________are large shops which sell a wide variety of products.

a) Grocery

b) Greengrocery

c) Department stores

d) Cloth stores

e) Toy stores

4. Price is not the only thing that customers consider when ____________ about which product to buy.

a) doing a decision

b) making a decision

c) doing business

d) take a decision

e) think about business

5. Customers_____________ about the poor quality of fro­zen vegetables on sale in our store.

a) did complaints

b) made complaints

c) made research

d) make decisions

e) get promotion

6. We_____________last year of nearly $10,000.

a) did a loss

b) made a loss

c) made a lost

d) have a lost

e) to lose

7. When two or more people want to start a business together they can set up a _____________.

a) corporation

b) concern

c) partnership

d) relationship

e) company

8. Net profit this year______________________around $200 million.

a) should be

b) should have been

c) should being

d) shall be

e) will be

9. The Production Manager said we could __________ better the previous year if it hadn't been for the instability on the market.

a) do

b) have done

c) have doing

d) had done

e) have been doing

10. __________________the Japanese may say "yes" at a meeting, it does not mean that they agree with you, but that they want you to continue.

a) In spite of

b) Although

c) Despite

d) However

e) Beside

$$20$$

1. As analysts predicted the ________________market didn't last long and soon the market fell dramatically.

a) boom

b) bull

c) bear

d) batch

e) none of the above

2. We are sending out_________literature to try to boost our sales.

a) advertisement

b) useful

c) promotion

d) essential

e) main

3. The company adopted an environmental policy in order to reduce the damage that may _____________ from its various activities.

a) result

b) cause

c) due

d) aim

e) goal

4. We are proud of the fact that last year 25% of the com­pany's total waste __________________.

a) was recycling

b) was recycled

c) has been recycled

d) have recycled

e) had recycled

5. Many companies do research to _______________ ways of reducing air and water pollution.

a) protest

b) develop

c) contribute

d) prohibit

e) avoid

6. An environmental group organized a ___________ against dumping of waste into the river.

a) supply

b) measure

c) protest

d) contribute

e) develop

7. The firm attempted__________________ its nearest competitor.

a) taking over

b) to take over

c) take over

d) took over

e) will take over

8. We had to delay ___________ the new product.

a) launching

b) to launch

c) launch

d) start

e) set up

9. Every year we make a ________ to a well-known wildlife association.

a) supplement

b) order

c) contribution

d) in turn

e) in order

10. We don't expect conditions _____________ for some time.

a) to improve

b) improving

c) improve

d) to develop

e) to take promotion

$$21$$

1. They are determined to make the company profitable and to achieve a stable profitability by fiscal 2003.

a) increase

b) income

c) loss

d) inloss

e) come

2. Gazprom and Shell agreed to establish a joint venture to develop the Zapolyarnoye field, in which each will hold a 50 per cent share.

a) dividend

b) interest

c) stake

d) benefit

e) profit

3. Recently our sales have boosted incredibly.

a) boomed

b) increased

c) bulled

d) loaded

e) batched

4. We should introduce the product into the market by Au­gust.

a) take

b) launch

c) deliver

d) receive

e) start

5. The group of people that we want to buy our product is teenagers.

a) Our bear market

b) Our bull market

c) Our target market

d) Our boom market

e) Our own market

6. To my mind, the short phrase used in our advertising campaign must be changed. It does not produce any im­pact. It's too dull.

a) motto

b) slogan

c) brand name

d) logo

e) trend name

7. Each subsidiary has its own way that management is organized.

a) management structure

b) management strategy

c) organization chart

d) management line

e) control line

8. Ford is one of the most famous companies, which opera­tes in many different countries.

a) holding company

b) multinational companies

c) subsidiary

d) international company

e) firm

9. Among other things, our company hopes to lower costs due to the increase in the scale of production.

a) get income of scale

b) get economies of scale

c) get profitability of scale

d) get benefitable of scale

e) get promotion

10. The success of the project was to a great extent due to the people who work for the company.

a) workforce

b) management team

c) trainers

d) executives

e) employers\

$$22$$

1. He made his money by buying unsuccessful companies, selling their most valuable parts and then closing them down.

a) investment into unsuccessful companies

b) asset stripping

c) taking over

d) get loss

e) turn down

2. Using the same management structures, products and work­ing practices in all parts of the world can help the multina­tional company get rid of unnecessary duplications.

a) Globalisation

b) Re-engineering

c) Reorganising

d) Totalization

e) Worldwide

3. It is very important for any company to work out its own way of doing things.

a) organization chart

b) corporate culture

c) production

d) control list

e) monitor

4. In recent years our company has gained control of about ten smaller companies by buying most of their shares.

a) merged

b) took over

c) melted

d) left

e) gave up

5. A business of encouraging people to buy goods is rapid­ly developing in our country.

a) Promotion business

b) Advertising business

c) Distribution business

d) Personal business

e) Own business

6. The research highlights that the working conditions in the factory need improvement.

a) finds out

b) points out

c) clears out

d) set up

e) look for

7. The employees of our factory are provided with good lodging.

a) benefits

b) accommodations

c) pensions

d) profit

e) extra money

8. Their booming enterprise went bankrupt during the last financial crash.

a) small

b) flourishing

c) developing

d) little

e) rising

9. They were made to sell their enterprise at a low price.

a) asked

b) told

c) forced

d) said

e) spoke

10. We intend to increase our sales by 15%.

a) plan

b) intent

c) intervene

d) to take a job

e) think

$$23$$

1. All senior staff was sacked by the new owners.

a) hired

a) dismissed

c) employed

d) cleaned

e) cut

2. The situation on the stock market is changeable.

a) unstable

b) movable

c) steady

d) fixed

e) replacable

3. Our machine which is used for reproducing texts isn't working.

a) fax

b) photocopier

c) word processor

d) print

e) laser shot

4. Please, send us the document by the process of facsimile transmission.

a) fax

b) photocopier

c) computer

d) notebook

e) tab

5. I decided to improve in effectiveness my computer system.

a) sell

b) upgrade

c) change

d) copy

e) buy

6. Once a month we have a regular meeting to discuss the way a project is developed.

a) chat

b) progress review

c) board meeting

d) appointment

e) meeting

7. Yesterday we had a meeting, where we exchanged new ideas about the development of our project. We all freely and at random expressed our views suggesting different options, some of them sounded really fantastic.

a) conversation

b) briefing

c) brainstorming

d) conference

e) chat

8. Please, put your cars in the area that has been specially designed for their temporary use.

a) garage

b) parking place

c) square

d) place

e) park

9. My sister is responsible for promotion and distribution of the company's goods as well as for the market re­search.

a) a production manager

b) a marketing manager

c) a sales manager

d) a control manager

e) a design manager

10. We are here today to deal with some problems, which caused certain difficulties in the production.

a) sort out

b) oversee

c) stimulate

d) develop

e) find out

$$24$$

1. He is in charge of a group of employees who work at developing a new model of the product.

a) project team

b) marketing team

c) advertising team

d) production team

e) managing team

2. We must find the answer to the question: what was the cause of our losing a large share of the market.

a) solve

b) clear up

c) sort out

d) decide

e) made up

3. How many people were present at the last conference?

a) joined

b) attended

c) met

d) unit

e) recognize

4. Now, let's elect the person who will preside over the meeting.

a) chair person

b) president

c) executive

d) manager

e) director

5. They stated as the necessary condition our partial pay­ment in advance.

a) stipulated

b) simulated

c) ensured

d) simulated

e) achieved

6. A few members of the staff gave up their jobs.

a) sacked

b) resigned

c) fired

d) signed

e) burned

7. The company's plan of action is being developed at the moment.

a) budget

b) strategy

c) objectives

d) deposit

e) debt

8. Our central office is located in St. Petersburg.

a) subsidiary

b) subdivision

c) headquarters

d) division

e) subsidiration

9. I am planning to work abroad for a few years.

a) overall

b) overseas

c) overtime

d) over

e) board

10. The top managers are responsible for reaching the com­pany's objectives.

a) producing

b) advertising

c) achieving

d) look for

e) get an aim

$$25$$

1. The operating divisions of our company are managed like separate small businesses.

a) run

b) responsible

c) established

d) provide

e) convince

2. 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

d) opened

e) bought

3. Last year their profits were more than $1 billion.

a) increased

b) raised

c) exceeded

d) turn down

e) took over

4. We need to hire some 30 new people.

a) fire

b) sack

c) recruit

d) cover

e) miss

5. We continue to have a close partnership with the envi­ronmental societies.

a) set up

b) establish

c) maintain

d) essential

e) manage

6. Last year we established a new subsidiary in the North-West Region.

a) produced

b) set up

c) targeted

d) invented

e) launch

7. Our company has either to make changes and introduce new ideas or die.

a) increase

b) innovate

c) split

d) divide

e) produce

8. 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

d) agent

e) conference

9. 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

d) take part

e) achieve

10. 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

d) development

e) note

$$26$$

1. We'd like to know your views on the possibility of a ______________venture with our company.

a) business

b) capital

c) joint

d) deal

e) units

2. There must __________ a lot of inflation over that period.

a) be

b) have been

c) to be

d) had been

e) was

3. The bank assigned a credit_________to our company.

a) check

b) limit

c) interest

d) benefit

e) profit

4. A credit ___________ guarantees payment by a speci­fied date.

a) insurance

b) term

c) fee

d) tax

e) card

5. It was __________________ set of instructions I had ever received.

a) more confusing

b) the most confusing

c) as confusing as

d) confusing

e) to confuse

6. Sellers and customers usually negotiate credit ________ when making a deal.

a) terms

b) fees

c) interests

d) confusing

e) to confuse

7. Our customers usually meet ___________ on time.

a) prices

b) charges

c) bills

d) checks

e) cashes

8. ____________ fix their own commissions for buying and selling shares.

a) Retailers

b) Stockbrokers

c) Wholesalers

d) Shareholders

e) Stocks

9. I will give you a ring if anything ________ wrong.

a) will go

b) goes

c) will be going

d) have been going

e) had gone

10. He ___________ any involvement in the robbery.

a) cancels

b) refuses

c) denies

d) reduces

e) closes

$$27$$

1. I am going to ____________ my trip to New York. The situation changed completely.

a) cancel

b) refuse

c) deny

d) press

e) close

2. I cannot make any decision unless I ________ facts concerning the matter.

a) will know

b) know

c) won't know

d) shall know

e) known

3. We can't afford ____________ new equipment just now. I think we'll have to wait till the things become better.

a) buying

b) to buy

c) having bought

d) have bought

e) had buy

4. The traditional vertical organization of companies is today ________ by a number of cross-functional structures. This is known as the "matrix structure".

a) added

b) complemented

c) helped

d) add

e) helping

5._________________ complaint was paid attention to.

a) Each of the

b) Each

c) Each of

d) Eaching

e) Each the

6. The recent boom in consumer spending resulted in sales _________.

a) recession

b) growth

c) improvement

d) danger

e) receive

7. At present we are doing not _________well _____ we did last year. Our sales are falling.

a) as ... as

b) more ... than

c) less... than

d) unless…than

e) as…than

8. A number of employees were injured because they did not follow __________ procedures.

a) dangerous

b) safety

c) health

d) healthy

e) signs

9. The organization structure of our company _____________ reorganised recently.

a) is being

b) has been

c) had been

d) had be

e) has being

10. Hewlett Packard is known as one of the most reputable _________ in the electronic and and computer industry.

a) customers

b) suppliers

c) buyers

d) clients

e) buyering

$$28$$

1. If I open a saving account I will receive__________.

a) a share

b) a benefit

c) an interest

d) shareholder

e) a percent

2. Everyone hopes that the situation__________.

a) will get worse

b) would recover

c) will stabilize

d) will rise

e) would covered

3. _________receive income, known as a dividend, from the companies in which they invested.

a) Owners

b) Shareholders

c) Stockbrokers

d) Clients

e) Consumers

4. In order to raise capital the company intends to issue shares_________.

a) on the consumer market

b) on the production market

c) on the stock market

d) on the market

e) on the cloth market

5. It can't be true. I ___________ to believe it.

a) cancel

b) refuse

c) deny

d) delete

e) reduce

6. I___________my presentation already.

a) prepared

b) have been prepared

c) have prepared

d) will prepare

e) have being preparing

7. The sewing machine was _______ in 1846 by an

American called Elias Howe.

a) discovered

b) invented

c) found out

d) produced

e) kept

8. Of course, our goods are not very cheap, but the prices are quite_________________for the average consumer.

a) high

b) reasonable

c) costly

d) valuable

e) worthly

9. There is very _________ data available about market

trends in this region.

a) few

b) little

c) many

d) a few

e) much

10.__________companies have been operating on the mar­ket for five years.

a) Both of the

b) Both from the

c) The both of the

d) The from the both

e) Two of the

$$29$$

1. If you sponsored a charity, you would improve your _______________.

a) income

b) profits

c) reputation

d) benefit

e) price

2. We must_______________delivery expenditures.

a) cut off

b) cut down

c) cut from

d) down cut

e) off

3. Our company specialized in producing_______________ goods.

a) consumer

b) consumption

c) consummation

d) client

e) consumering

4. The car's fuel________________is generally very high.

a) consumptive

b) consummation

c) consumption

d) consumer

e) consume

5. Insurance is a terrible investment, but you have to admit that it offers protection in an ____________.

a) urgency

b) emergency

c) urgently

d) emerge

e) urgent

6. The car race was given massive media _______________.

a) cover

b) coverage

c) covering

d) recover

e) recovering

7. The football supporters club is looking for a sponsor to finance the purchase of four coaches, which_____________ transport supporters to matches.

a) will use to

b) used

c) would be used to

d) have used

e) would use

8. Telegraphic transfer is the fastest method of sending _________.

a) money

b) accounts

c) checks

d) in cash

e) deposit

9. I _______ the office when the doorbell rang and immediately two men in masks rushed into.

a) left

b) have left

a) was leaving

d) will leave

e) have been leaving

10. ___________ can result if you have no more income to pay your debts.

a) Transfer

b) Bankruptcy

c) Discount

d) Deposit

e) Accounts

$$30$$

1. All senior staff was sacked by the new owners.

a) hired

a) dismissed

c) employed

d) cleaned

e) cut

2. The situation on the stock market is changeable.

a) unstable

b) movable

c) steady

d) fixed

e) replacable

3. Our machine which is used for reproducing texts isn't working.

a) fax

b) photocopier

c) word processor

d) print

e) laser shot

4. Please, send us the document by the process of facsimile transmission.

a) fax

b) photocopier

c) computer

d) notebook

e) tab

5. I decided to improve in effectiveness my computer system.

a) sell

b) upgrade

c) change

d) copy

e) buy

6. Once a month we have a regular meeting to discuss the way a project is developed.

a) chat

b) progress review

c) board meeting

d) appointment

e) meeting

7. Yesterday we had a meeting, where we exchanged new ideas about the development of our project. We all freely and at random expressed our views suggesting different options, some of them sounded really fantastic.

a) conversation

b) briefing

c) brainstorming

d) conference

e) chat

8. Please, put your cars in the area that has been specially designed for their temporary use.

a) garage

b) parking place

c) square

d) place

e) park

9. My sister is responsible for promotion and distribution of the company's goods as well as for the market re­search.

a) a production manager

b) a marketing manager

c) a sales manager

d) a control manager

e) a design manager

10. We are here today to deal with some problems, which caused certain difficulties in the production.

a) sort out

b) oversee

c) stimulate

d) develop

e) find out