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Text 1 Reading 1 hour PART ONE Questions 1 – 8 Look at the statements below and at the five reports about companies on the opposite page from an article giving advice to self-employed consultants about negotiating fees for their services. Which book (A, B, C,D or E) dose each statement 1 –8 refer to ? For each statement ! – 8, make one letter (A, B, C,D or E) on your Answer Sheet . You will need to use some of these letters more than once . Example : Lack of self-confidence will put you at a disadvantage in a negotiation . 0 A B C D E This company has been involved in diversifying its business act6ivities. Although this company is doing well, it has a number of internal difficulties to deal with This company has reduced the profits it makes on individual items One statistic is a less accurate guide to this company’s performance than another The conditions which have helped this company are likely to be less favourable in the future This company’s share price has been extremely volatile over the last twelve months This company is likely to be the subject of a takeover bid in the near future This company’s performance exemplifies a widely held belief A Chemical Company Masterson’s interim pre-tax profits growth of 20% was somewhat inflated as a result of the income received from the disposal of several of the company’s subsidiaries. The underlying 8% rise in operating profits is a more realistic gauge of the company’s true progress. However, Masterson’s impending merger with Bentley and Knight and its appointment of a new chief executive should mean that the company will be able to sustain growth for the foreseeable fut5ure. The share price has varied little during the course of the year and now stands at £ 6.75 B Hotel Group During the past year the Bowden Hotel Group has acquired 77 new properties, thus doubling in size . last week the group reported pre-tax profits of £ 88 million in the first six months of the year, ahead of expectations and helped b
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