PART ONE · Look at the sentences below and following texts. · Which text does each sentence refer to? · For each sentence 1—8, mark one letter A, B, C, D or E. · You will need to use some of the letters more than once. A. C. Hunter Boll C. Hunter 13011 has been employed by Thomas H. Lee Partners, L.P. and its predecessor, Thomas H. Lee Company, since 1986. From 1984 through 1986, Mr. Boll was with The Boston Consulting Group. From 1977 through 1982, he served as an Assistant Vice President, Energy and Minerals Division of Chemical Bank. Mr. Boll is a director of Cott Corp. , TransWestern Publishing, L. P. , and United Industries, Inc.
B. John A. Cleary John A. Cleary was the Chief Executive Officer of Donnelley Marketing, Inc. from 1979 until 1993. Donnelley Marketing, Inc. was a subsidiary of Dun and Bradstreet Corporation until 1991 when it was acquired by a group of investors and senior manager's. Mr. Cleary continued as CEO until 1993 when he was elected Vice Chairman of the Board of Directors, a position he held until 1996 when First Data Corporation acquired the company. Mr. Cleary continued as a senior advisor and consultant to the company. Mr. Cleary is also a director of SoundWater, Inc. , a non-profit environmental education organization dedicated to the preservation and protection of Long Island Sound. Mr. Cleary was also a director of the Direct Marketing Association from 1985 to 1996, and served as Chairman of its Board from 1990 to 1991.
C. Richard G. Evans Richard G. Evans has been Executive Vice President, General Counsel and Secretary of Thomas H. Lee Partners, L.P. since June 2001. Prior to joining it, Mr. Evans was Executive Vice President, General Counsel and Director of Green Tree Financial Corporation from 1985 to 1999. Prior to Green Tree, Mr. Evans served as Special Assistant Attorney General for the State of Minnesota from1974 to 1984.
D. Scott R. Fjellman Scott R. Fjellman has been Senior Vice President and Treasurer of Thomas H. Lee Partners, L.P. since January 2003. Mr. Fjellman previously was Vice President, Assistant Treasurer of the Company from April 2000 to December 2002. Prior to joining it, Mr. Fjellman was with Arcadia Financial Ltd. for eight years, most recently as Vice President of Securitization and Investor Relations. Before joining Arcadia Financial, Mr. Fjellman spent three years as an auditor with KPMG LLP.
E. Thomas M. Hagerty Thomas 1Vi Hagerty has been employed by Thomas H. Lee Partners, L P. and its predecessor, Thomas H. Lee Company, since 1988. Prior to joining Thomas H. Lee Partners, L P. , Mr. Hagerty was in the mergers and acquisitions department of Morgan Stanley & Co. Incorporated. Mr. Hagerty is a director of Affordable Residential Communities Inc. , ARC Holdings, Cott Corp. , Houghton Mifflin Company, MGIC Investment Corporation and Syratech Corp. Mr. Vice President of T. H. Lee Mezzanine II, the Administrative General Partner of Thomas H. Lee Advisors II, L.P. , which is the sole limited partner of the Managing General Partner of ML-Lee Acquisition Fund II, L. P. and ML-Lee Acquisition Fund (Retirement Accounts) II, L. P. Mr. Hagerty was the Interim Chief Financial Officer of Conseco, Inc. from July 2000 through April 2001. On December 17, 2002, Conseco, Inc. voluntarily commenced a case under Chapter 11 of the United States Code in the United States Bankruptcy Court, Northern District of Illinois, Eastern Division.
1. He had been an auditor for three years.
D
2. He had been a temporary CEO for ten months.
E
3. He is devoted to environmental protection.
B
4. He had been engaged in laws.
C
5. He had been an consultant for two years.
A
6. He works in the field of publishing.
A
7. He had been CEO for the same company for 17 years.
B
8. He is a director of the most companies at the same time.
E
PART TWO · Read the following text. · Choose the best sentence from A—H to fill in each of the gaps. · For each gap 9—14, mark one letter A—H. · Do not use any letter more than once. How many really suffer as a result of labor market problems? This is one of the most critical yet contentious social policy questions. 1 . Unemployment does not have the same consequences today as it did in the 1930s when most of the unemployed were primary breadwinners, 2 , and when there were no compensating social programs for those failing in the labor market. Increasing wealth, the rise of families with more than one wage earner, and improved social welfare protection have unquestionably lightened the consequences of joblessness. 3 . Among the millions with hourly earnings at or below the minimum wage level, the overwhelming majority are from multiple-earner, relatively rich families. Most of those counted by the poverty statistics are elderly or handicapped or have family responsibilities which keep them out of the labor force, so the poverty statistics are by no means an accurate indicator of labor market problems.
4 . The unemployment counts exclude the millions of fully employed workers whose wages are so low that their families remain in poverty. Low wages and repeated or prolonged unemployment frequently interact to undermine the capacity for self-support. 5 , those who suffer as a result of forced idleness can equal Or exceed average annual unemployment, even though only a minority of the jobless in any month really suffer. For every person counted in the monthly unemployment records, there is another working part time because of the inability to find full time, or else outside the labor force but wanting a job. Finally, income transfers in our country have always focused on the elderly, disabled, and dependent, neglecting the needs of the working poor, so that the dramatic expansion of cash and in-kind transfers does not necessarily mean that those failing in the labor market are adequately protected.
6 , it is uncertain whether those suffering seriously as a result of labor market problems number in the hundreds of thousands or the tens of millions, and, hence, whether high levels of joblessness can be tolerated or must be countered by job creation and economic stimulus. There is only one area of agreement in this debate—that the existing poverty, employment, and earnings statistics are inadequate for one of their primary applications, measuring the consequences of labor market problems. A. since the number experiencing joblessness at some time during the year is several times the number unemployed in any month B. as a result of such contradictory evidence C. when most people couldn't find a job and suffered from hunger D. people who do part-time job are more than those full-time worker E. earnings and income data also overstate the dimensions of hardship F. when income and earnings were usually much closer to the margin of living G. in many ways, our social statistics exaggerate the degree of hardship H. yet there are also many ways our social statistics underestimate the degree of labor-market-related hardship
1.
G
2.
F
3.
E
4.
H
5.
A
6.
B
PART THREE · Read the following text. · Each question has four suggested answers or ways of finishing the sentence, A, B, C and D. · Mark one letter A, B, C or D for the answer you choose. Small and medium-sized businesses have had a hard time over the last few years. In the UK, thousands of businesses have gone bankrupt as result of declining markets, increased competition from abroad and rising overheads. However another factor which is common to many bankruptcies is the lack of cashflow caused by late payment of invoices.
In 1996 a survey by Thornton Hughes International discovered that more than a quarter of businesses in Europe have to wait more than 90 days to be paid and 8% of businesses are forced to wait more than 120 days. Late payers often say they settle their accounts late because of recession but there is evidence that many firms are using late payment as a method of improving their own cashflow. A survey shows that 36% of delays in payment are intentional. By delaying the settlement of their accounts businesses transfer their financial problems to other businesses. It is usually the smallest firms that suffer most from this kind of behavior.
There are now plans to do something about this problem. The European Commission (the governing body of the European Union) suggests there should be legal penalties for late payment. Late payers should be legally required to pay interest on the debt. To be effective, the interest rate would be high. Finally, a system of fins (to be paid in addition to the interest payments) should be introduced. A recent survey in the UK revealed that 35% of transactions are carried out without any contract at all. It was therefore unclear when payments were due. In Denmark even though the problem is smaller, the authorities have decided to deal with it by automatically applying a legal payment period when there is no written contract. This ensures that payment is fixed at 30 days after the creditor has requested payment.
Many of the cash problems of small and medium-sized companies are, in fact, caused by national and local government agencies settling their accounts late. The European Commission has proposed that this area should be looked at. They point out that in some countries, for example the USA, interest on arrears is already paid automatically by public authorities. In France cities publish dates of their payments to contractors to show how quickly they settle their debts.
The European Commission suggests several other ways of dealing with the problem of late payment. Firstly, they suggest offering courses for small businesses. These courses would include legal advice on drafting contracts and on methods of obtaining payment for outstanding debts. Secondly, they would offer workshops to the public officials who are responsible for dealing with contracts. Thirdly, they suggest national campaign to persuade large organizations not to take advantage of their greater financial strength and size when they are dealing with smaller businesses. Part of the publicity would be the message that if we work together to make payment periods shorter we can help not only the financial health of small and medium-sized businesses, but also that of the economy as a whole.
1. Which reason is not mentioned directly for the bankruptcies of businesses, according to this passage?
A.Late payment of invoices.
B.The declining markets.
C.The rising overheads of companies.
D.The lack of cashflow.
A B C D
A
2. Why are there many firms using late payments?
A.Because they are bankrupt.
B.Because they are suffering economic recession.
C.Because they are waiting for others to pay back.
D.Because they want to improve their own cashflow first.
A B C D
D
3. Which statement is not true, in Para 2?
A.It's found that some firms use late payments on purpose.
B.Late payments can transfer one's problems to other business.
C.The larger the company is, the less it might suffer.
D.The survey founds that more than 25% of companies will be paid in about 90 days.
A B C D
B
4. How to solve the problem of late payment when there is no written contract in Denmark?
A.Companies should apply for a legal protection.
B.The government will deal with the problem.
C.The debtor is ordered to pay off in 30 days.
D.Company will get legal protection automatically.
A B C D
C
5. What's the meaning of "arrear" in line 4, Para 4?
A.Payment.
B.Debt.
C.Creditor.
D.Loan.
A B C D
B
6. What's the meaning of "take advantage" in the sentence "they suggest national campaign to persuade large organizations not to take advantage of their greater financial strength and size when they are dealing with smaller businesses", line 5—7, Para 5?
A.Large companies should not show off in front of those smaller businesses.
B.Greater financial strength is one of large companies' advantages.
C.Large companies should not look down upon smaller businesses.
D.Large companies should not make use of their greater financial strength and size unfairly while dealing.
A B C D
D
PART FOUR · Read the following text. · Choose the best word to fill each gap. · For each question 21—30, mark one letter A, B, C or D. To understand the marketing concept, it is only necessary to understand the difference between marketing and selling. Not too many years ago, most industries concentrated primarily 1 the efficient production of goods, and then relied on " 2 salesmanship" to move as much of these goods as possible. Such 3 and selling focus on the needs of the seller to produce goods and then 4 them into money.
Marketing, on the other hand, focuses on the wants of consumers. It begins with first analyzing the 5 and demands of consumers and then producing goods that will satisfy them. This eye-on-the-consumer approach is known as the marketing concept, which 6 means that instead of trying to sell whatever is easiest to produce or buy for resale, the makers and dealers first endeavor to find out what the consumer wants to buy and then go about making it available for purchase.
This concept does not imply that business is benevolent or that consumer satisfaction is given priority over profit in a company. There are always two sides to every business transaction—the firm and the customer—and each 7 satisfied before trade occurs. Successful merchants and producers, however, recognize that the surest route to profit is through understanding and catering to customers. A 8 example of the importance of catering to the consumer presented itself in mid-1985, when Coca Cola changed the 9 of its drink. The non-acceptance of the new flavor by a significant portion of the public 10 a prompt restoration of the Classic Coke, which was then marketed alongside the new. King Customer ruled!
1.
A.on
B.with
C.to
D.towards
A B C D
A
2.
A.persuasion
B.persuading
C.persuasive
D.persuaded
A B C D
C
3.
A.product
B.producing
C.production
D.productive
A B C D
C
4.
A.change
B.transform
C.transact
D.convert
A B C D
D
5.
A.preferences
B.preferance
C.prefers
D.preference
A B C D
A
6.
A.easily
B.simply
C.completely
D.truly
A B C D
B
7.
A.must be
B.can be
C.will be
D.shall be
A B C D
A
8.
A.stricken
B.striking
C.overwhelming
D.glowing
A B C D
B
9.
A.flavor
B.smell
C.texture
D.ingredients
A B C D
A
10.
A.brought back
B.brought down
C.brought forward
D.brought about
A B C D
D
PART FIVE · Read the following text. · For each question 31—40, write one word. Leighton School SCHOOL RULES EVERY PUPIL 1 THE SCHOOLS OLD ENOUGH TO HAVE A SENSE 2 RESPONSIBILITY. WE DEPEND 3 YOUR GOOD MANNERS, COMMON SENSE AND CO-OPERATION. 1. Pupils must bring the correct books and writing materials to each lesson. 2. Other items, for example, P.E. Kit, must be brought to practical lessons. 3. Eating and drinking in classrooms is forbidden. Chewing gum must not be brought to school. 4. Pupils must not bring valuables to schools, e.g. radios, tape recorders or jewellery. Money should be kept 4 purse belts 5 large sums must be handed to the Office. 5. The correct school uniform must be worn. Outdoors coats are not be worn in school. 6. Pupils-must keep to the right in the corridors and 6 the stairs; they must move quietly 7 the staff 8 duty. 7. Pupils are not permitted to go to the Staff room during the lunch break. There is always a member of staff 9 duty. 8. Pupils having lunch in school are not allowed to leave the school premises 10 a printed permission slip.
1.
IN
2.
OF
3.
ON
4.
in
5.
and
6.
on
7.
around
8.
on
9.
on
10.
without
PART SIX · In most lines of the following text, there is one unnecessary word. It is either grammatically incorrect or does not fit in with the sense of the text. · For each numbered line 41—52, find the unnecessary word. Some lines are correct. If a line is correct, write CORRECT. Let's assume that you, person C, who are going to interview or talk 1 ______ to person A or B, and let's assume that by either choice or 2 ______ circumstance you are sitting in a triangular position at a round 3 ______ table. Let us also assume that person A is very talkative and asks for many questions and meanwhile person B remains silent 4 ______ throughout. Though person A asks you a question, how can you answer 5 ______ him and carry on a conversation, without you making B feel excluded? 6 ______ Use this simple but highly effective inclusion of technique: when person 7 ______ A asks for a question, look at him as you give an answer, then turn 8 ______ with your head towards B, then back to A, then B again until you make 9 ______ your final statement, with looking at A (who asked the question) again 10 ______ as you finish your sentence. So this technique lets B feel involved 11 ______ in the conversation and which is particularly useful if you need go 12 ______ have B to side with you.
1.
who
2.
correct
3.
correct
4.
for
5.
Though
6.
you
7.
of
8.
for
9.
with
10.
with
11.
So
12.
which
WRITING
PART ONE
1. · The graph below shows Canadian's Regional Outlook: 2004—2005. · Using information from the graph, write a short report describing. · Write 120—140 words on your Answer Sheet.
PART TWO
1. · Your company received a number of complaints from staff about their working pressure. The Human Resources Manager asked you to write a report about the current situation. · Write the report, including the reasons for the complaints and recommendations for dealing with then. · Write 200—250 words on your Answer Sheet.
SPEAKING
1. Your company wishes to exhibit at a trade fair. Discuss and decide the following: your objectives for the trade fair; where and when you should exhibit.