剑桥商务英语中级全真模拟考试一Word下载.docx

剑桥商务英语中级全真模拟考试一Word下载.docx

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2012年剑桥商务英语中级全真模拟试题

（一）

PARTONE

Lookatthestatementsbelowandthearticleaboutthedevelopmentoffuturebusinessleadersontheoppositepage.

Whichsectionofthearticle（A,B,CorD）doeseachstatement（1-7）referto?

Youwillneedtousesomeoftheselettersmorethanonce.

1Managersneedtotakeactiontoconvincehigh-flyersoftheirvaluetothefirm.

2Organisationsneedtolookbeyondthehigh-flyerstheyarecurrentlydeveloping.

3Thereisaconcernthatfirmsinvestingintrainingforhigh-flyersmaynotgainthebenefitsthemselves.

4Managersneedexpertassistancefromwithintheirownfirmsindevelopinghigh-flyers.

5Firmscurrentlyidentifyhigh-flyerswithoutthesupportofaguidancestrategy.

6Managersarefrequentlytoobusytodealwiththedevelopmentofhigh-flyers.

7Firmswhoworkhardontheirreputationasanemployerwillinteresthigh-flyers.

TheStarsoftheFuture

A.Existingmanagementresearchdoesnottellusmuchabouthowtofindanddevelophigh-flyers,thosepeoplewhohavethepotentialtoreachthetopofanorganisation.Asaresult,organisationsarelefttoformulatetheirownsystems.Amoreeffectiveoverallpolicyfordevelopingfutureleadersisneeded,whichiswhytheLondonBusinessSchoolhaslaunchedtheTomorrow'

sLeaders

ResearchGroup（TLRG）.Thegroupcontainsrepresentativesfrom20firms,andmeetsregularlytodiscusstheleadershipdevelopmentoftheorganisations'

high-flyers.

B.TLRGrecognisesjusthowsignificantlinemanagersareintheprocessofleadershipdevelopment.Unfortunately,withtoday'

sflatorganisations,wheremanagershavefunctionalaswellasmanagerialresponsibilities,peopledevelopmentalltoooftenfallsvictimtoheavyworkloads.Onemanagerintheresearchgroupwasunconvincedbythelogicofsendinghisbestpeopleawayondevelopmentcourses,'

onlytoseethempoachedbyanotherdepartmentor,worsestill,anotherfirm'

.Thisfearoflosinghigh-flyersrunsdeepintheorganisationsthatmakeuptheresearchgroup.

C.TLRGarguesthatthetaskofmanagementisnotnecessarilyaboutemployeeretention,butaboutcreating'

attractioncentres'

.|Wemusthelplinemanagerstorealisethatiftheircompaniesareknownasonesthatdeveloptheirpeople,theywillhaveagreaterappealtohigh-flyers,'

saidoneadvisor.Furthermore,selectingpeoplefor,say,aleadershipdevelopmentprogrammeisasignofcommitmentfrommanagementtoanindividual.Loyaltycanthenbemoreeasilydemandedinreturn.

D.TLRGhasconcludedthatacompany'

sHRspecialistsneedtotakeactionandengagewithlinemanagersindividuallyabouttheirroleinthedevelopmentofhigh-flyers.Indeed,inordertobenefitfullyfromtraininghigh-flyersastheseniormanagersofthefuture.firmsmustactuallyaddressthedevelopmentofallmanagerswhowillbesupportingthehigh-flyers.Withoutthis,managerswillnotbeinapositiontogiveappropriateadvice.Andwheneventuallythehigh-flyersdomoveon,newoneswillbeneededtoreplacethem.Thenextchallengewillbetofindanewgenerationofhigh-flyers.

PARTTWO

Readthearticlebelowaboutpossiblereasonsforacquiringacompany.

Choosethebestsentencefromtheoppositepagetofilleachofthegaps.

Donotuseanylettermorethanonce.

ACOUISITION

Whenshouldacompanyconsideracquisitionasawayforward?

Therearemanycircumstancesinwhichacompanymaywishtotakeoveranotherorganisationthroughanacquisition.Theneedtokeepupwithachangingenvironmentoftendominatesthinkingaboutacquisitions.Onecompellingreasontodevelopbyacquisitionisthespeedwithwhichitallowsthecompanytoenternewproductormarketareas.Thisisparticularlytrueofe-commerce.

Thestrengthofcompetitorsmayinfluenceacompanytochooseacquisitionasawayforward.Inmarketsthatarestaticandwheremarketsharesofcompaniesarereasonablysteady,itcanbedifficultforacompanytobreakintothemarket,sinceitspresencemaycreateexcesscapacity.

（1）

Thesameargumentsalsoapplywhenanestablishedsupplierinanindustryacquiresacompetitor.Thismayeitherbetogainthecompetitor'

smarketshareor,insomecases,toshutdownitscapacityinordertorestoreasituationwheresupplyanddemandaremorebalanced.

Theremaybefinancialmotivesforacquisition.Ifthesharevalueofacompanyishigh,themotivemaybetospotandacquireafirmwithalowsharevalue.

（2）Anextremeexampleisassetstripping,wherethemainmotivefortheacquisitionisshort-termgainbybuyingupundervaluedassetsandsellingthemonbitbybit.

Theremayalsoberesourceconsiderations.Theremaybealackofresourcesorskillstocompetesuccessfully.Sotheymustbeacquired.（3）