Choose the one word or phrase that best completes the sentence and fill in the appropriate answer above.
1-
The company celebrated because they have been in business for a century. A century is......... .
A -
100 years
B -
50 years
C -
10 years
D -
5 years
2-
Large companies usually put a lot of money and time into ......... in order to gain an accurate understanding about the location, size and makeup of a particular market.
A -
market research
B -
buildings
C -
charities
D -
construction
3-
The explanation that the managers gave for the loss was a complete fabrication. A fabrication is ......... .
A -
a piece of clothing
B -
an honest story
C -
a humorous story
D -
a lie
4-
The painting in my manager's office is priceless. If something is priceless, it ......... .
A -
is not valuable
B -
in inexpensive
C -
has immense value
D -
is a very large item
5-
The writer always ensures that all of his stories are authentic. If something is authentic, it is ......... .
A -
fake
B -
real or genuine
C -
ancient
D -
new
6-
......... refers to extensive staff cuts in order to reduce costs. In other words, when companies need or want to save money, they will lay off many employees to do so.
A -
Firing practices
B -
Downsizing
C -
Cutting benefits
D -
Market research
7-
The ......... in any given company is derived from a profit-and-loss statement and refers to a bottom figure that measures profits.
A -
bottom feeder
B -
bottom line
C -
bottom barrel
D -
bottom pole
8-
When a company tries to......... its expenses, the company charges higher prices in an attempt to get back or recuperate its increased manufacturing or supplier costs.
A -
patch
B -
recover
C -
misplace
D -
drop
9-
All of the employees began to disperse once the press conference came to a close. Disperse means to......... .
A -
scatter
B -
draw closer
C -
approach
D -
arrive
10-
Prior to the Internet, large telephone companies had a competitive ......... over smaller communication companies because they owned most of the telephone line infrastructure. Now, Internet capabilities have changed all that.