Exercise Four
Part One
Questions 1-12
You will hear a speaker addressing a group of investors attending a dinner to celebrate a confectionery company’s one hundredth birthday.
As you listen, for questions 1 – 12, complete the notes using up to three words or a number.
You will hear the recording twice.
Rewards for shareholders
1. They will be able to try the company’s new __________ product.
2. They will also receive a ___________________________ per share.
The present situation
3. Sales have decreased in the last ________________________.
4. Shares are expected to increase in value by ______________ in the near future.
5. The company’s main rivals are enormous ____________________ companies.
Company history
6. The company was originally a ____________________ business.
7. It recently became an ____________________________.
The future
8. The company has set a high _________________________ for the future.
9. It does not intend to offer _______________________________ on its products.
10. The company will spend more money on __________________________.
11. The company anticipates trade with countries in _________________.
12. The company expects bigger sales to _________________________.
Part Two
Questions 13-22
You will hear five different people talking about a meeting they have just attended.
For each extract there are two tasks. For task one, choose the reason for each meeting from the list A-H. for task two, choose the way that each person reacted to the meeting from list I-P.
Task One – reason
For questions 13-17, match the extracts with the reasons, listed A-H.
For each extract, choose the reason for the meeting.
Write one letter A-H next to the number of the extract.
13. ___ A to discuss sales targets
14. ___ B to present a new idea
15. ___ C to demonstrate a new product
16. ___ D to elect a new chairman
17. ___ E to analyze a problem
F to discuss expansion
G to decide on redundancies
H to vote to issue shares
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