Choose the alternative that best suits the context

1. Our ________ is to increase the market share within a few months.

a) responsibility b) objective c) ambitions

2. _____________ situation is stabilizing at present.

a) Economic b) Economical c) Economy

3. They are very _________ in their expenditures.

a) economic b) economical c) economics

4. ___________________ is a document which lists the goods you bought and tells you how much you must pay for them.

a) Invoice b) Balance c) Deposit

5. We cannot afford to employ more staff in the current _________ climate.

a) economic b) economy c) economical

6. The income made by the normal activities of a business is known as _______.

a) turnover b) operating profit c) gross profit

7. Fixed assets are what a company ___________.

a) owes b) owns c) sells

8. Current liabilities are what a company _________.

a) invests b) buys c) owes

9. Wealth used to produce more wealth is called ________.

a) liabilities b) capital c) goods

10. Balance sheet is a statement of how much _____ has come in and how much has gone out.

a) shares b) money c) capital

11. The goods which a company intends to sell to its customers are known as ____.

a) a stock b) a capital c) a stake

12. Venture capital is money lent to _________.

a) spend on charity b) start a risky business c) buy an estate

13. Probably the package design __________.

a) will be changed b) would be changing c) will have been changed

14. In the summer sales you can sometimes get warm clothes at __________ prices, really for next to nothing.

a) free b) cheaply c) giveaway

15. _________ he has a degree from the prestigious university, he fears that the recession will make it difficult to find a good job.

a) Despite b) Although c) However

16. My car broke down while ________ I home from the countryside.

a) drove b) was driving c) have been driving

17. I’m a salesman and work in the ________ department.

a) Export b) Advertising c) Production

18. Due to our new supply system more products are ________ to consumers.

a) available b) reduced c) limited

19. You _______________ me yesterday. I was waiting for your call all day. The matter is too urgent to be delayed.

a) may phone b) might phone c) should have phoned

20. A great number of companies in Russia were _____ by the 1998 financial crash.

a) effected b) affected c) infected

21. There _________________ a very high demand for their product a few years ago. They grew rapidly within a couple of years. But at present they are not doing well. The market has become very competitive.

a) must be b) must have been c) should have been

22. We must work overtime for about a week lest we ___________ a tough penalty. It was an urgent order. We must do our best to be in time with it.

a) will be paying b) should pay c) have be paying

23. ___ World Bank is an organization that is a part of the United Nations, which lends money to poorer countries to develop their farming, industry and health and education systems. a) A b) The c) Ø

24. If a firm ___ invest in R& D, their products will rapidly become obsolete.

a) will not b) would not c) does not

25. This type of coffee is the _________ leader.

a) logo b) slogan c) brand

26. Last month they started their advertising campaign with the brand-new corporate ____. a) slogan b) team c) appeal

27. I’ve got ____ exiting news for you. a) any b) some c) an

28. A new model _________ for performance at the moment.

a) is tested b) have been tested c) is being tested

29. New technologies make global _________ easier.

a) communication b) traveling c) market

30. The price is not too high, I think, it’s quite___________.

a) more reasonable b) reasonably c) reasonable

31. You can buy the same software quite _______ at our local market.

a) reasonable b) cheaply c) free

32. Our sales have picked up ________ in the last two months.

a) few b) a little c) a few

33. By the time you arrive we’ll _________ the work, I believe.

a) finish b) be finishing c) have finished

34. I’ll be waiting for you in ____ reception area. a) a b) the c) Ø

35. He bought stocks during the ___ market, when the share prices were the lowest, and sold them when they rose. a) bull b) bear c) boom

2. Read advertisements A—E. Which of them does each item 36—40 refer to? For each item write one letter.

A