剑桥BEC真题集 第四辑 中级 Test 4.pdf
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剑桥BEC 真题集中级 第四辑 Test 4
READING 1 hour
PART ONE
Questions 1-7
• Look at the statements below and the advice on handling acquisitions on the
opposite page.
• Which section (A, B, C or D) does each statement (1-7) refer to?
• For each statement (1-7), mark one letter (A, B, C or D) on your Answer Sheet.
• You will need to use some of these letters more than once.
Example:
0 Take the necessary first steps to attract the finance you need for an acquisition.
0 A B C D
1 A cautious approach can be used when calculating what a company is worth.
2 Consider personnel issues so that you have sufficient resources to fulfill your
objectives.
3 In order to know if you can make a return on your investment, assess how you can
add to the company you are buying.
4 Providing sufficient support for staff during the acquisition process can have a
favourable outcome.
5 Take into account your long-term requirements to ensure you have the resources
you need.
6 Even after investing some effort in the acquisition, it may still be necessary to
withdraw.
7 Terms initially negotiated can be changed after the acquisition.
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Mergers and Acquisitions
As Finance Director of plastics manufacturer VKT , Yvonne Maynart has
overseen many successful takeovers.
A It is essential to build up a team to handle the acquisition so that your existing
business can continue uninterrupted during the deal. It also helps to operate with
spare capacity so that you can transfer people during the initial stages. A key
person should be driving the acquisition process forward, although one
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