Answer Key

Choose the correct explanation for the following phrases.

You answered 0 of 5 questions correctly in this part of the test.

  1. "untapped markets" means:  [Markets that Telcor has not previously entered.]
  2. "We have built upon the strong foundation laid last year" means: [Telcor has continued to pursue the successful strategies that they used last year.]
  3. "aggressive diversification strategy" means:  [Broadening the scope of their business activities.]
  4. "hostile takeover bid" means:  [Comcon tried to gain control of Telcor against Telcor's wishes.]
  5. "set the table for continued growth" means: [Telcor has taken the necessary steps and is in a good position to continue growing.]
Are the following statements about the reading correct?

You answered 0 of 5 questions correctly in this part of the test.

1.   Telcor started strongly last year in both turnover and profit areas.That is incorrect. Correct is: Look in the text to find out.

2.   Telcor tried to buy its main rival, Comcon Inc., early this year.That is incorrect. Correct is: Look in the text to find out.

3.   Telcor's profits have risen because of improved turnover.That is correct.

4.   Telcor has specific plans for further expansion into E. Europe.That is correct.

5.   Expansion into new markets is the main reason for Telcor's success in the first quarter of the new year.That is incorrect. Correct is: Look in the text to find out.