V. Match (1-10) with (a-j) to make up sentences:

1. Finance analysis gives details 2. The company has franchised 3. We hire out computers 4. The company was forced to honour 5. Illiquid assets won’t help us 6. The company has introduced 7.The water companies were indemnified 8. The fault was due to staff 9. It is important to protect the company’s 10. To dispose of a joint investment the transfer deed must be signed

a) over 50% of its fast food outlets. b) to raise more cash in a hurry. c) of the business’s performance. d) all existing contracts. e) to local firms. f) by the government against legal action. g) an incentive wage to increase productivity. h) by all parties. i) intellectual property. j) inefficiency

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VI. Complete the sentences (1-10) with a) a, b) an, c) the or d) no article:

1. A company needs to carry out … analysis of its product portfolio.

2. … annual sales plan sets targets for each product group.

3. Workers can be paid … productivity bonus.

4. All employees benefit from … profit-sharing.

5. At the public examination … London Bankruptcy court declared that the debtor would not receive a bankruptcy discharge until he had paid his debts in full.

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VII. Put the words (1-5) in the correct order to make up sentences:

1.Earnings, often, are, in, rural, lower, areas.

………………………………………………………………………………

2. last, much, did, profit, company, the, year, How, earn?

……………………………………………………………………………….

3. maximum, factory’s, has, designed, for, The, been, efficiency, layout.

………………………………………………………………………………..

4. will, be, the, All, met, department, costs, promotion, by.

…………………………………………………………………………………

5. changed, the, increase, of, packaging, its, The, products, to, try, sales, company, to.

…………………………………………………………………………………..

VIII. Listen to the text us Tech Industry Blamed for High Cost of Housing

using http: sur.ly/o/m.learningenglish.voanews.com/AA000014 and answer

the following questions:

1. Why are housing costs rising in northern California?

A. Because of a small supply of rental apartments.

B. Because of growing demand for rental apartments by technology workers.

C. Because of a small supply of rental apartments and growing demand for them

by technology workers.

D. Because of inflation.

2. Why are the workers in many high-tech companies in San Francisco Bay Area willing to pay more for housing?

A. Because there is a very good climate in the area.

B. Because the workers don’t want to move to another area.

C. Because the workers don’t want to lose their jobs.

D. Because the area is home to many high-tech companies.

3. Where are some investors buying up buildings and then turning them into

high-priced apartments ?

A. In New York.

B. In San Jose.

C. In San Francisco.

D. Across the bay in Oakland.

4. What puts a high demand for hotels, apartments, single-family homes and office space in San Francisco?

A. San Francisco is a popular stop for both U.S. and overseas travelers.

B. San Francisco is a very crowded city.

C. There are a lot of technology industries in San Francisco.

D. Some people would like to live only in San Francisco.

5. What are the top of most expensive U.S. cities for renters after San Francisco

and New York?

A. Houston and Austin.

B. Mesa and Buffalo.

C. Boston and Washington, D.C.

D. Kent and Richmond.

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IX. Complete the sentences (1-5) with the most suitable preposition (a-e):

1. The charity is funded largely ….. endowments.

a) by b) in c) at d) over e) on

2. Fund managers must obtain the best possible deal ….. their clients.

a) in b) for c) at d) by e) among

3. The gold standard is no longer used ….. global markets.

a) on b) by c) in d) with e) at

4. This new office equipment will mean a change ….. routine.

a) for b) at c) by d) of e) over

5. The market is saturated ….. used cars.

a) of b) by c) on d) between e) with

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