Review Test PJI1A IB: Unit 13 Name: Teacher: TOTAL (60 points to pass) MARK Number of points (max. 100 points) 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) brát ohledy na kulturní rozdíly v rozvojových zemích – ______________________________ odstoupit od dohody kvůli prudce klesající poptávce – ______________________________ půjčka jištěná zárukou – _____________________________________________________ vysoká úroková míra stanovená na základě zhodnocení rizika – _______________________ ____________________________________________________ najít správný způsob jak získat kapitál pro rozšíření podnikání – _______________________ ___________________________________________________ obrovský mediální zájem o navrhované daňové škrty – ______________________________ přispívat na boj s chudobou – ________________________________________________ zhodnotit úvěruschopnost klientů se špatnou platební minulostí – ____________________ ___________________________________________________________________ B. Write expressions the following definitions refer to: (2 points each) 1. the extension of very small loans to those in poverty designed to encourage entrepreneurship: __________________ 2. an amount, level, standard etc that you can use for judging how good or bad other things are: ________________ C. Complete the sentence with one of the following phrases; translate the selected phrase into Czech. (2 points each) JOINT VENTURE – CREDIT RATING – PRIVATE ASSET MANAGEMENT – LIBOR –MONETARY POLICY – VENTURE CAPITAL 1. The rates set by ________________ are widely used as a reference rate for many financial instruments. In Czech: __________________ 2. In the department of ____________________ we deal with individual clients´ accounts. In Czech: _______________________ 3. The company can’t survive without further investment in product development. We have been considering raising ___________________. In Czech: ___________________ D. Complete the sentences with correct forms of the following verbs; some verbs are not used: (1 point each) CHARGE – ACKNOWLEDGE – EMERGE – COMMIT – SOAR – RETAIN – RELEASE - CONTEMPLATE 1. The company has decided to ________________ control over the whole operation. 2. The manager never ______________ it was him who had caused the failure of the project. 3. The CEO confirmed they will __________a million of pounds to support the joint venture. 4. The colleague of mine I told you about ________________ retirement next year. E. Complete each sentence with a word made from the word given in brackets. (1 point each) 1. The accepted ____________ in the industry has been that such types of alliances are risky. (WISE) 2. The partners will have the right to sell at a price they set ________________.(DEPEND) 3. We provide _______________ advice on various aspects of running a business. (ENTERPRISE) 4. Most of the money goes to _________________ customers living in appalling conditions. (ADVANTAGE) 5. One of the consequences of the merger is the fact that there are job __________________ and about 500 people will have to go. (LAP) III. Grammar: (max. 30 points) points A. Fill in the gaps with a suitable preposition or adverbial, if necessary: (1 point each) 1. Not many people realize what it’s like to live _____less than $100 a week. 2. The takeover was announced _____ 12^th June last year. 3. I’m sorry to ask again but I can’t do _____ your help. 4. I could do _____ a short break before we get down to discussing the details of the contract. 5. I feel happy we have finally done _____ _____ the silly restriction. 6. We can’t speak about loan extension until you pay _____at least half of the principal. B. Rewrite the sentences so that they mean the same as the sentence above. (3 points each) 1. We were negotiating the conditions of the microcredit loan for a fortnight. The conditions ________________________________________________________. 2. The entrepreneur was not able to repay the loan. Luckily, other members of the group helped him. But if ____________________________________________________________________. 3. The secretary checked all the figures again. It was not necessary because the auditor had done that before. (use a modal verb) The secretary__________________________________________________________. C. Fill the gaps with the appropriate form of the verbs MAKE, DO, GET: (1 point each) The first company I was working for wasn’t __________ very well. Basically they __________into difficulties by expanding too quickly. They __________a big investment in Italy but they hadn’t ___________ a proper market research. So they weren’t able to __________ enough money to even pay out salaries. I __________ a decision to leave the company, ___________ nothing for a while and then start __________ appointments with prospective employers. I always __________ my best to __________ a good impression but it took half a year before I __________ an offer to work for a small supplier of domestic appliances. D. Choose suitable words or phrases that can complete each sentence. The number of correct answers is 0 – 4. (2 points each) 1. Our side of business includes dealing with bad debt and taking legal action if all other means of getting money back have failed. __________ is often done in cooperation with our legal department. A: The former B: This C: The latter D: Such 2. The merger affected half of our staff and operations in East Europe, especially ________ in Poland. A: that B: the ones C: this D: those 3. There has been an increase in the number of the unemployed over the last three months. __________ a trend is likely to continue well into the third quarter. A: So B: This is C: Such D: That IV. Translation: (max. 16 points) points Translate the following sentences into English: (8 points each) Největší výzvou pro spojenectví bude nejsevernější část východní Evropy, kde se banka potýkala s roztříštěným trhem pro individuální klienty (use one expression) a odkazem mnoha nesplacených podnikových i individuálních půjček na nákup majetku. Firma momentálně spravuje fond v hodnotě 50 milionů dolarů a poskytuje krátkodobé půjčky lidem z rozvojových zemí, z nichž si účtuje úrok, který je srovnatelný s úrokovými sazbami bank. Díky tomu, že nevyžaduje záruku za půjčku, dává první a často jedinou šanci lidem, kteří žijí v extrémní chudobě.