Review Test PJI2A Intelligent Business: Unit 11 – Going public +------------------------------------------------------------------------+ |Name: | |------------------------------------------------------------------------| |Teacher: | TOTAL | | |--------------------------------------------| | MARK | | Number of points (max. 100 points) |(60 points to pass)| | |--------------------------------------------+-------------------+-------| |I. Listening: | |III. Grammar: | | | | |----------------+-----+----------------+----| | | |II. Vocabulary: | |IV. Translation:| | | | +------------------------------------------------------------------------+ +-----------------------------------------------------------------------------------+ | | | | | | |I. Listening: (max. 20 points) | | points | |-----------------------------------------------------------------------------------| | | | | | ------------------------ | +-----------------------------------------------------------------------------------+ +--------------------------------------------------------------------------------------------+ | | | | | | |II. Vocabulary: (max. 34 points) points | |--------------------------------------------------------------------------------------------| |A. Translate the following expressions into English: | | (2 points each) | | | | | | | |jednoduše řečeno – _________________________________________________________ podat lepší | |výkon (1 word) než poradenská agentura – ________________________________ troufalá a | |podvodná provize (legální) – ___________________________________________ uplatnit opci na | |akcie a splatit dluhy – ___________________________________________ mít zaručeny rychlé | |zisky – ___________________________________________________ znepřátelit si zkorumpovaného | |kupujícího – _______________________________________ mít monopol na upisování kmenových | |akcií – _____________________________________ poukázat na podobnosti mezi internetovými | |vyhledávači – ____________________________ | | | | | | | |B. Write expressions the following definitions refer to: | | (2 points each) | | | |1. the act of forming a new, independent company from part of an existing one; a | |company formed in this way: | | | | | | | |2. an official financial record that gives details of all a company’s income and | |expenses for a particular period and shows if it has made a profit or a loss: | | | | | | | |C. Complete the sentence with one of the following phrases; translate the selected phrase | |into Czech: (2 points each) | | | | CRACKS, PROSPECTUS, VALUATION, | | | | CASUALTIES, KICKBACK, DEMISE | | | |1. The accumulated debts resulted in the final _______________________ of our | |company. | | | | In Czech: _____________________________________ | | | | | | | |2. There were many _______________________ of the dotcom crash in late 1990s. | | | | In Czech: _____________________________________ | | | | | | | |3. It’s illegal and unethical to accept a _______________________ for any service we | |provide. | | | | In Czech: _____________________________________ | | | | | | | |D. Complete the sentences with correct forms of the following verbs; some verbs are not | |used: (1 point each) | | | | SLUMP – PEAK – HYPE – BYPASS | | | | DISCLOSE – REVOLUTIONIZE – OUTBID – RUMOUR | | | |1. Prices of shares of internet companies have _____________________ to their | |minimum. | | | |2. Auction participant number 17 finally _____________________ its biggest opponent | |yesterday. | | | |3. Nokia’s new impulses _____________________ the mobile phone market. | | | |4. You can _____________________ paying a commission to a stockbroker by holding a | |public auction. | | | | | | | |E. Complete each sentence with a word made from the word given in brackets. | | (1 point each) | | | |1. Yahoo’s shares were worth $98 ___________________________ last Friday. (PIECE) | | | |2. It’s absolutely ___________________________ that Microsoft would go bankrupt. | |(CONCEIVE) | | | |3. The ___________________________ of confidential financial information can hurt our| |firm. (DISCLOSE) | | | |4. The CEO has led the company through ___________________________ crises. (NUMBER) | +--------------------------------------------------------------------------------------------+ +--------------------------------------------------------------------------------------------------------------------------------------------+ | | | | | | |III. Grammar: (max. 30 points) points | |--------------------------------------------------------------------------------------------------------------------------------------------| |A. Fill in the gaps with a suitable preposition or adverbial, if necessary: (1 point each) | | | |1. The government’s measures have to comply _________ the EU’s regulations. | | | |2. There’s no way I could offer you the stock _________ a discount. | | | |3. Our firm has embarked _________ a long but hopefully successful journey. | | | |4. I tried to bid _________ my rival but finally I didn’t have enough money. | | | |5. I think we should hold a vote _________ the issue of employing foreigners. | | | |6. Investors usually start trading _________ the exchange at 9 a.m. | | | |B. Rewrite the sentences with the given words so that they mean the same as the original ones; try to use the most suitable future form: | | (3 points each) | | | |1. We will receive the money and after that I will let you know. | | | |I ___________________________ as soon as _________________________ the money. | | | |2. Brokers will try to sell your shares. On Monday next week. | | | |The brokers __________________________________ your shares on Monday next week. | | | |3. Will the company be sold? By January next year? | | | |_______________________________________________________ by January next year? | | | |C. Put the VERBS and other words in brackets into their correct forms, add prepositions, particles or auxiliary verbs if necessary. You may| |need to use the passive forms of the verbs: (1 point each) | | | |Going public can _______________________________ (enable, a company, raise) the necessary capital. But before the existing owners | |_______________________________ (begin, consider, sell) part of their stakes, they should _____________________ ________________________ | |(prepared, focus, maximize) the company’s value first. Future shareholders will ____________________________ (interested, learn) as much as | |possible about the firm’s financial position. Also, if a chosen strategy ________________ ________________________ (urge, buyers, purchase) | |shares is well-chosen, it will be much easier _____________________________________ (make, they, find out) everything about the perspective | |IPO. Sometimes it is good _________________________ ________________ (risk, take over) a bigger competitor but one never knows what will | |happen afterwards. ____________________________________ (get used, use) a new brand can be quite difficult for the original staff too. | |Nevertheless, this has to be done if the company _______________________________________ (seem, threaten) the lack of available capital for | |expansion. | | | |D. Choose suitable words or phrases that can complete each sentence. The number of correct answers is 0 – 4. | | | | | | (2 points each) | | | |1. The teacher ________________ about three topics in her presentations. | | | | A: will talk B: will be talking | | | | C: will have talked D: is going to talk | | | |2. Wait, I ____________ find out when the train _____________. | | | | A: will ... will arrive B: will ... leaves | | | | C: – ... will have left D: am going to ... is arriving | | | |3. My brother ________________ for ten year next April. | | | | A: is going to be married B: is married | | | | C: will have been married D: will be married | +--------------------------------------------------------------------------------------------------------------------------------------------+ +--------------------------------------------------------------------------------------------+ | | | | | | |IV. Translation: (max. 16 points) points | |--------------------------------------------------------------------------------------------| |Translate the following sentences into | |English: (8 points | |each) | | | | | | | |Nadcházející primární emise akcií (1 word) nových makléřských firem nepochybně způsobí | |nadhodnocení ceny akcií takových společností; přehnaně optimistické prognózy předpokládají, | |že zájem investorů je udrží v popředí po dlouhou dobu. | | | | | | | |_________________________________________________________________________ | | | | | | | |_________________________________________________________________________ | | | | | | | |_________________________________________________________________________ | | | |_________________________________________________________________________ | | | | | | | |Pokud vedení firmy nevylepší v dalším čtvrtletí finanční výsledky, bude určitě čelit tlaku | |akcionářů, aby společnost získala více financí buď zvýšením cen vyráběného zboží, nebo | |snížením nákladů či dokonce upisováním dalších akcií. | | | | | | | |_________________________________________________________________________ | | | | | | | |_________________________________________________________________________ | | | | | | | |_________________________________________________________________________ | | | |_________________________________________________________________________ | | | | | +--------------------------------------------------------------------------------------------+