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