ocabulary Training
1
Test One
I. Choose the best answer.
1.
Multinational companies usually have _____ in different countries.
A) parent companies
B) subsidiaries
C) factories
D) subsidies
2.
One aim of companies which sell goods or services is to increase their market _____.
A) occupation
B) percentage
C) share
D) offer
3. In order to improve their services to customers, banks need to become more ____.
A) customer-oriented
B) profitable
C) aggressive
D) efficient
4. Having only ____ in different countries gives global companies more flexibility to move their
manufacturing activities from one country to another.
A) subsidiaries
B) assembly lines
C) research centers
D) assembly operations
5. Cultural differences are one of the potential ___ of international mergers.
A) threats
B) pitfalls
C) attractions
D) advantages
6. Most countries give foreign companies _____ to attract new investment.
A) tariff reduction
B) important tariffs
C) tax incentives
D) share ownership
7.
Companies
that
handle
all
aspects
of
their
business
internationally,
such
as
the
big
oil
companies, are known as ____ companies.
A) multinational
B) venture capital
C) merged
D) vertically-integrated
8. The movement of money into and out of a company is known as ____.
A) annual turnover
B) profit margin
C) cash flow
D) bank charges.
9. All mergers aim to create ___ for the two companies
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shareholders.
A) added value
B) overheads reduction
C) economies of scale
D) tax benefits
10.
The
Legend
computer
company
has
always
been
______
and
different
in
the
design
and
technology of its PCs.
A) effective
B) competent
C) expensive
D) innovative
11. Setting up a business in a foreign country involves a lot of _____.
A) import tariffs
B) red tape
C) tax payments
D) import quotations
12. When companies decide to restructure, it is usually ____ who are made redundant.
A) middle managers
B) secretarial staff
C) brand managers
D) production workers
13. To run their foreign subsidiaries, multinationals usually appoint a ____.
A) executive manager
B) team leader
C) decision maker
D) country manager
14. In joint ventures, two or more companies ____ on specific projects.
A) collaborate
B) compete
C) practice
D) work