Choose the alternative that best suits the context. 1. ____ is the business of selling goods in large quantities and usually at low prices.

1. ____ is the business of selling goods in large quantities and usually at low prices.

a) Retailing b) Wholesaling c) Franchising

2. ___________ are large shops which sell a wide variety of products.

a) Grocery b) Greengrocery c) Department stores

3. Price is not the only thing to consider when ____ about which product to buy.

a) doing a decision b) making a decision c) doing business

4. Customers _____ about the poor quality of vegetables on sale in our store.

a) did complaints b) made complaints c) made research

5. We __________ last year of nearly $10, 000.

a) did a loss b) made a loss c) made a lost

6. When two or more people want to start a business together they can set up a ___. a) corporation b) concern c) partnership

7. Net profit this year _____________ about $200 million.

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

8. The Production Manager said we could ____________ better the previous year if it hadn’t been for the instability on the market.

a) do b) have done c) have doing

9. ________ the Japanese may say “yes” at a meeting, it does not mean that they agree with you, but that they want you to continue.

a) In spite of b) Although c) Despite

10. As analysts predicted the _________ market didn’t last long and soon the market fell dramatically.

a) boom b) bull c) bear

11. We are sending out ___________ literature to try to boost our sales.

a) advertisement b) useful c) promotion

12. The company adopted an environmental policy in order to reduce the damage that may _____________ from its various activities.

a) result b) cause c) due

13. We are proud of the fact that last year 25% of the company’s total waste ___. a) was recycling b) was recycled c) has been recycled

14. Many companies do research to ______ ways of reducing air pollution.

a) protest b) develop c) contribute

15. An environmental group organized a __ against dumping of waste into the river.

a) supply b) measure c) protest

16. The firm attempted ___________ its nearest competitor.

a) taking over b) to take over c) take over

17. We had to delay _______ the new product.

a) launching b) to launch c) launch

18. Every year we make a _________ to a well-known wildlife association.

a) supplement b) order c) contribution

19. The German “Die Grtinen” party has a strong influence in green __ everywhere.

a) politics b) services c) demands

20. We don’t expect conditions __________ for some time.

a) to improve b) improving c) improve

21. We ______ with a designer to decorate our window displays.

a) made an arrangement b) did an arrangement c) did an agreement

22. Last year we ___________ despite the instability on the market.

a) did well b) made well c) did good

23. The credit _____ which they suggested can’t be accepted. They seem too tough.

a) terms b) conditions c) loans

24. The amount of money in a bank account at a particular time is called ______.

a) debit b) balance c) credit

25. If the situation does not improve significantly next year, the bank ________ to consider closing some of its branches.

a) will have b) would have c) would have had

26. If you had more money on deposit, the bank ________ you this sum.

a) will lend b) would lend c) would have lent

27. We suggest you the high quality product, which is not expensive ________.

a) to discount b) to buy c) invent

28. They recovered with a 10% _______________ in sales.

a) decrease b) fall c) increase

29. If the company had lowered the prices of hotels and restaurants earlier, perhaps this __________ more visitors.

a) would have encouraged b) would encourage c) will encourage

30. Telia holds _______ in Telecominvest’s major shareholder, the Luxembourg offshore company First National Holding.

a) a stock b) a stake c) a dividend

31. The staff was asked to avoid __________ to journalists.

a) to speak b) speaking c) speak

32. Most major cities in Western Europe ______ the quality of the air every day.

a) develop b) measure c) prove

33. Our current company product is no longer enough to _______ us a competitive advantage. a) promise b) maintain c) assure

34. We need ________________ more time to think about your proposal.

a) a few b) a little c) few

35. We decided to carry out a market study to discover what ____ people had of our product. a) perception b) confidence c) certainty

36. People buy ______________________ to protect themselves against the losses that may result from an accident or catastrophe.

a) insurance b) guarantee c) obligation

37. ________ candidates were interviewed yesterday.

a) The both b) Both c) The both of

38. I _____________ my presentation since early morning.

a) had been preparing b) am preparing c) have been preparing

39. To protect itself, the company can pay a ____ to an insurance company that will undertake the risk or guarantee to provide financial compensation if some disaster occurs. a) premium b) invoice c) cheque

40. If there hadn’t been a road accident, I ________ my flight.

a) didn’t miss b) wouldn’t missed c) wouldn’t have missed