BEC剑桥商务英语中级阅读理解练习题Word格式文档下载.docx

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BEC剑桥商务英语中级阅读理解练习题Word格式文档下载.docx

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BEC剑桥商务英语中级阅读理解练习题Word格式文档下载.docx

  2020年BEC剑桥商务英语中级阅读理解练习题

  WhenDavidHaydenrealisedhiscompanywasheadingfortrouble,hetookdrasticmeasurestogetitbackontrack

  DavidHaydenfoundedhiscompany,CriticalPath,anemailprovider,in1997totakeadvantageoftheboominemailtraffic.CriticalPathbecameapubliccompanytwoyearslater,andHaydentooktheopportunitytostepdownfromhisexecutivepositioninordertoworkonpersonalprojects.Atthesametime,heagreedtostaywiththecompanyasChairman,butthebusinesswasputinthehandsofnewmanagersbyitsinvestors.Withsector-leadingproductsandanexpandingmarket,thecompanyseemedtobeontheupandup.However,byearly2001,itwasintrouble.Sharesthathadbeenworth$26in1999,whentheywerefirstsold,weredowntoamere24cents.

  Calledinbyapanickingboard,HaydenfoundhimselfbackinchargeasExecutiveChairman,tryingdesperatelytorescuewhathecould.The1,100staffhadlostconfidenceinthecompanyanddidnotknowwhatwasgoingtohappentothem.And,asHaydendiscovered,themanagementteamwasincompetent.Thoseguysdidntunderstandtheproductorthesector,saysHayden.Theheadsofdepartmentdidntcommunicateandtheydidntlead.Butwhatwasworse,CriticalPathhadlostthegoodwillofitsinvestors.

  Haydenknewthatbringingthefiguresundercontrolwouldbeavitalstepinthecompanysturnaround.Youvegottosortoutthefinances.Forme,thatmeantgettingbackthegoodwilloftheinvestors.Thatwastough,afterwhathadhappened.Butalthoughtheywereangrywiththecompany,theydidnthavebadfeelingsaboutme.ItoldthemthatIknewIcouldgetthecompanyonitsfeetagain.Hewasauthorisedtomakewhateverchangeswererequired,andhisfirstactwastofindpeoplewithinthecompanyhecouldtrustandputthemincharge.

  ThenextthingHaydenhadtotacklewasmorale.Everyonelefttheofficeatfiveonthedot-theycouldntgetawayquicklyenough.Togetthebuzzbackandwinthestaffover,Ihadtoprovemyowncommitmentandputintheextrahourswiththem.Inreturn,itwasassumedthatnobodywouldaskforovertimepayuntilthecompanywasonitsfeetagain.Contrarytonormalpractice,Haydenwasreluctanttolaypeopleoff,andapartfromnotreplacingpeopleastheyreachedretirementage,helefttheworkforcelargelyunchanged,althoughhedididentifykeypeoplethroughoutthecompanywhoweregivenmoreresponsibility.

  But,asHaydeninsists,beforeacompanyreachessuchacrisis,therearewarningsignsthatanyfinancialdirectororaccountantshouldtakenoteof.Abusinessthathasanunrealisticpricingpolicyorhastonegotiateextendedcreditwithitssuppliersisintrouble,ishismessage.Orifyouoftenhavetoapplyforyouroverdraftlimittoberaisedorhavetroublepayingtaxontime,somethingneedstobedone.

  By2003,thecompanywashealthyagain,withreasonablystablefinancesandamodestbutsteadysharepriceof$1.60.Onethingthathelpedsaveuswasthatourtechnologyworked,saysHayden.With20millionemailaccounts,weneverlostasinglemajorclientbecausetheproductkeptonworking.Withideasforafreshventuredemandinghisattentionelsewhere,Haydenhasmovedon.Itwastimetogo,hesays.Imnotaturnaroundspecialist.Ipreferstart-ups.

  13WhateventcoincidedwithCriticalPathbecomingapubliccompany?

  AHaydenbecametheExecutiveDirectorofCriticalPath.

  BInvestorshiredareplacementteamtorunCriticalPath.

  CCriticalPathlaunchedasuccessfulnewproductonthemarket.

  DCriticalPathwasfloatedontheStockExchangeat24centspershare.

  14WhichofthefollowingsituationsdidHaydenfaceatCriticalPathin2001?

  ATheemployeeswereworriedaboutjobsecurity.

  BTheinvestorswerecallingforchangestothecompanystructure.

  CThemanagementwasmisleadingthestaffaboutthecompanysposition.

  DTheboardofdirectorsdidnotrealisethescaleofthecompanysproblems.

  15OnereasonHaydenwasabletoturnCriticalPatharoundwasthat

  Ahemanagedtofindnewinvestors.

  Bthefinancialsituationwasnotasbadashehadthought.

  Chehadbuiltupagoodrelationshipwiththemanagementteam.

  Dhewasgiventhesupportthatheneeded.

  16WhatwasHaydenspolicyregardingthestaffofCriticalPath?

  AHepaidovertimetoeverybodywhoworkedoutsideofficehours.

  BHereducedtheworkforcebyoperatinganearlyretirementscheme.

  CHegavekeystafftheopportunitytohelphimsetgoalsforthecompany.

  DHerestoredmotivationbyshowingwillingnesstoworkalongsidestaff.

  17AccordingtoHayden,whatcouldindicatethatabusinessisintrouble?

  Aproblemskeepingaccountsuptodate

  Bsuppliersrefusingtooffernewcre

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