B Understanding expressions

Date: 2015-10-07; view: 545.

A Understanding main points

Reading tasks

Mark these statements T (true) or F (false) according to the information in the text. Find the part of the text that gives the correct information.

1. The majority of mergers take place in the USA. F

2. Many international mergers are failures.

3. Most attention is concentrated on what to do after the merger is completed.

4. Many mergers are done too quickly.

5. Connecting different computer systems together is not usually a problem.

6. High salaries were given to Chrysler managers as compensation for the merger with Daimler-Benz.

7. Chrysler has won many prizes for its production methods.

8. Engineers have a high status at Daimler-Benz.

Choose the best explanation for each extract from the text

1. “the merger wave is now sweeping over Europe” (line 1)

a. a lot of American companies are merging with European ones

b. there has been a big increase in the number of mergers involving European companies

3. “success will depend on the merged companies' ability to create added value”

(line 8)

a. they must try to make sure the share price goes up after the merger

b. they must try to reduce costs and increase revenue in the new merged company

3. “post-merger integration has become decisive” (line 14)

a. the way merged companies work together as one company is extremely important

b. it is necessary to take quick decisions after the merger is competed

4. “the growing importance of intangible assets” (line 28)

a. some assets are carefully protected and cannot be touched

b. people are the most valuable asset in many companies