- Unit 04 : The Business World > Key to Book Exercises
Text A / Comprehension
- Complete the following sentences according to the text, and then work with your partner and take turns asking and answering the questions orally.
- What was the big marketing error that the Coca-Cola Company made in May 1985?
In May 1985, the Coca-Cola Company threw away its original formula Coke. In its place came New Coke.
- How did Old Cola Drinkers react to the new Coke?
They protested and threatened to start a suit unless Coca-cola brought back its old formula or made it public.
- In blind tests, how did the consumers like the new Coke in comparison with the old Coke and Pepsi?
In the blind tests,60 percent of consumers chose the new Coke over the old, and 52 percent chose it over Pepsi.
- What was the problem in Coke’s marketing research?
The problem was that the research did not explore how consumers felt about dropping the old Coke and replacing it with the new Coke. The research consisted mostly of “blind comparisons” and did not look at the total product: name, history, packaging, and image.
- Why did the observers still think that Coke’s managers had made a smart decision?
The observers thought that it was a smart move because by first taking away its original Coke and then bringing it back again, the company got two brands on the shelf, really a clever trick in the struggle for shelf space.
Choose the best answer for each of the following statements or questions according to the text.
Compared with Old Coke, New Coke was _______.
smoother
B.flat
original
cheaper
What happened in the Coke-Pepsi competition by early 1985?
Coke led the market by 2 percent.
Pepsi led the market by 2 percent.
Coke led the supermarket sales by 2 percent.
Pepsi led the supermarket sales by 2 percent.
What happened to the old Coke in the blind tests?
40 percent of consumers chose it over the new.
48 percent of consumers chose it over Pepsi.
60 percent of consumers chose it over the new.
52 percent of consumers chose it over Pepsi.
The error in Coke’s marketing research seems to be that _______.
it looked at the taste
it overlooked the total product
the researchers, rather than the consumers, did the “blind comparisons”
the researchers did not know that Americans like to eat hot dogs and apple pie together with Coke
Coke’s strategy might be considered a smart move because _______.
Coke’s managers were smart people
supermarkets knew what Coke wanted to do
Coke got two brands on the supermarket shelf
Coke successfully tricked Pepsi
Key: 1. A 2. D 3. A 4. B 5. C
Vocabulary Building / Exercises
- Match the words in the left-hand column with the Chinese meanings on the right.
- Fill in each of the following blanks with the proper form of the given words.
- The new Coke is _________ (smooth) in taste than Pepsi.
- Coke is still the _________(lead) soft drink today.
- She is an _________(emotion) person who often weeps.
- Within a few years of their________(introduce), CDs were outselling records.
- His plan is full of__________ (origin) ideas.
- People like _________ (advertising) that show women in offices, planes, and cars.
- Our teacher was invited to _________(judgment) a speech contest last week.
- I can _________(resistance) anything but temptation.
Key:
- smoother
- leading
- emotional
- introduction
- original
- advertisements
- judge
- resist
Grammar Tips / Exercises
Fill in the blanks with the correct forms of the verb “be.” Add auxiliary verbs to indicate tense when necessary.
- Therewere some symptoms which the doctors noticed but just neglected.
- There wasa man and two children in the car when the accident took place.
- Therewillbe a lecture in this classroom this evening.
- Isthere any good news today?
- Is there anything in his room? Yes, therearetwo pieces of furniture in his room.
Choose the best answer to complete each sentence.
Text B/Comprehension
- Answer the following questions according to the text.
- Who can make production and sales decisions in market economics?
In market economics, anyone(individual or company) can make production or sales decisions.
- In market economics, who sets the prices for products sold in stores?
In market economics, the prices are not set by a government planning committee. Instead, every seller is free to raise or lower prices according to changing market conditions.
- What is the basic principle of market economics?
The basic principle of market economics is the principle of individual freedom: freedom as a consumer to choose among competing products and services, freedom as a producer to start or expand a business, and freedom as a worker to choose a job or an employer.
- What’s the government’s role in a market economy?
In a market economy, the government’s role is limited to providing what are known as “public goods” — such as defense, law and order, and education.
- What seem to be the opportunities that a market economy can offer?
A market economy seems to offer greater opportunity for economic growth, technological progress and prosperity.
Decide if the following sentences are true or false according to the text. Write T for true or F for false.
F 1. The processes used to decide what products to make, how to make them, and what prices to charge for them are similar in different countries.
T 2. Market competition is one of the basic reasons why we have many different styles and brands of the same product to choose from in stores.
F 3. In market economics, prices for products sold in stores are set by a government planning committee.
T 4. If a product becomes very popular for a time, the price of such products will usually rise.
T 5. One of the basic principles of market economics is the freedom for a producer to start or expand a business.
T 6. In a market economy, the government still has a lot of important roles to play.
Comprehensive Exercises
Choose the best answer for each blank.
Fill in the blanks with the words given below.
sales by developing developed
from Chinese for on |
|
Chinese automaker Geely plans to start selling cars in Britain by the end of next year, as the company seeks to expand its presence in developed markets. Zhejiang Geely Holding Group, which owns Swedish nameplate Volvo, will sell its EC7 car through a network of 30–40 dealerships around Britain, company spokesman Victor Yang said on Thursday. The four- and five-door cars will be priced from 10,000 pounds ($15,460) and will be distributed through Geely Auto UK.
Geely already exports vehicles to more than 40 developing countries in eastern Europe, Latin America, the Middle East, Africa and Southeast Asia. The move highlights the growing global ambitions of Chinese automakers such as Geely, which bought Volvo from US auto giant Ford for $1.5 billion in 2010, less than a quarter of what Ford paid for the company in 1999.
Geely has become one of China’s largest private carmakers since launching its auto manufacturing business in 1997. It has an annual production capacity of 300,000 cars and hopes to boost sales to two million by 2015.
Translate the following sentences into English using the words or phrases given.
- 我们必须仔细观察市场的变化。(observe)
We must carefully observe the changes in the market.
- 我们打算下个星期在报纸上为新产品做个广告。(advertise)
We plan to advertise our new product in the newspaper next week.
- 中国正想尽一切办法把新技术引到西部去。(introduce)
China is trying every means to introduce new technologies to its western part.
- 服务业已成为中国经济的重要组成部分。(service)
The service industry has become an important part of the Chinese economy.
- 他在公司里的作用越来越重要。(play a role in)
He plays a more and more important role in the company.
Translate the following sentences into Chinese.
- In the early 1980s, though Coke was still the leading soft drink, it was slowly losing market share to Pepsi.
20世纪80年代初,可口可乐虽然是软饮料中的领头羊,但其市场份额渐渐受到了百事可乐的蚕食。
- In the blind tests, 60 percent of consumers chose the new Coke over the old, and 52 percent chose it over Pepsi.
在盲测中,60%的消费者选择的是新可乐而非老可乐,52%的人认为新可乐比百事可乐更好。
3.The company might have been wiser to leave the old Coke alone and introduce New Coke as a brand extension.
可口可乐公司如果聪明的话,应该不动老牌可乐,把新可乐当做延伸品牌推入市场。
- In market economics, anyone — individual or company — can make production and sales decisions.
在市场经济中,任何个人、任何公司都可以决定生产和销售。
- In a market economy, the government still has a role to play, but the government’s role is limited to providing what are known as “public goods” — such as defense, law and order, and education. The government’s role in a free market economy also includes protecting private property and regulating certain economic activities. Generally speaking, the government plays a very important role in solving problems such as inflation, unemployment, and poverty.
在市场经济中,政府仍然有所作为,但其职能局限于提供国防、法律秩序和教育等所谓的“公共服务”。在自由的市场经济中,政府的任务还包括保护私有财产和调节某些经济活动。总的来说,政府在解决通货膨胀、失业和贫困等问题中发挥着重要作用。
Practical Reading and Writing / Exercises
- Complete the answer (in no more than three words) to each of the following questions.
- Where is this memo from?
This memo is from the administrative office .
- What is the subject of the memo?
This memo is about a meeting to discuss the quality control program.
- Who should attend the meeting?
All department heads should be present at the meeting.
- When will the meeting be held?
The meeting will be held at 2 p. m. on May 7th (Tuesday).
- What should the department heads do when they attend the meeting?
The department heads are each required to hand in a written proposal .
You are required to write a memo according to the following information given in Chinese. You are to write no less than 60 words.
以公司人事部的名义,写一份备忘录,召集一次会议,于2013年5月20日发出。通知内容如下:
- 会议时间:2013年6月5日(星期三)晚上7:00
- 会议地点:公司办公大楼217室
- 会议内容:讨论2013年下半年新员工招聘计划
- 出席人员:各部门经理
- 要求:每人准备一份本部门招聘计划
Words for Reference
人事部 Human Resource Department
招聘计划 recruitment plan
新员工 new employees
Sample answer:
Text A / Comprehension
- Complete the following sentences according to the text, and then work with your partner and take turns asking and answering the questions orally.
- What was the big marketing error that the Coca-Cola Company made in May 1985?
In May 1985, the Coca-Cola Company threw away its original formula Coke. In its place came New Coke.
- How did Old Cola Drinkers react to the new Coke?
They protested and threatened to start a suit unless Coca-cola brought back its old formula or made it public.
- In blind tests, how did the consumers like the new Coke in comparison with the old Coke and Pepsi?
In the blind tests,60 percent of consumers chose the new Coke over the old, and 52 percent chose it over Pepsi.
- What was the problem in Coke’s marketing research?
The problem was that the research did not explore how consumers felt about dropping the old Coke and replacing it with the new Coke. The research consisted mostly of “blind comparisons” and did not look at the total product: name, history, packaging, and image.
- Why did the observers still think that Coke’s managers had made a smart decision?
The observers thought that it was a smart move because by first taking away its original Coke and then bringing it back again, the company got two brands on the shelf, really a clever trick in the struggle for shelf space.
- Choose the best answer for each of the following statements or questions according to the text.
- Compared with Old Coke, New Coke was _______.
- smoother
B.flat
- original
- cheaper
- What happened in the Coke-Pepsi competition by early 1985?
- Coke led the market by 2 percent.
- Pepsi led the market by 2 percent.
- Coke led the supermarket sales by 2 percent.
- Pepsi led the supermarket sales by 2 percent.
- What happened to the old Coke in the blind tests?
- 40 percent of consumers chose it over the new.
- 48 percent of consumers chose it over Pepsi.
- 60 percent of consumers chose it over the new.
- 52 percent of consumers chose it over Pepsi.
- The error in Coke’s marketing research seems to be that _______.
- it looked at the taste
- it overlooked the total product
- the researchers, rather than the consumers, did the “blind comparisons”
- the researchers did not know that Americans like to eat hot dogs and apple pie together with Coke
- Coke’s strategy might be considered a smart move because _______.
- Coke’s managers were smart people
- supermarkets knew what Coke wanted to do
- Coke got two brands on the supermarket shelf
- Coke successfully tricked Pepsi
Key: 1. A 2. D 3. A 4. B 5. C
Vocabulary Building / Exercises
- Match the words in the left-hand column with the Chinese meanings on the right.
- Fill in each of the following blanks with the proper form of the given words.
- The new Coke is _________ (smooth) in taste than Pepsi.
- Coke is still the _________(lead) soft drink today.
- She is an _________(emotion) person who often weeps.
- Within a few years of their________(introduce), CDs were outselling records.
- His plan is full of__________ (origin) ideas.
- People like _________ (advertising) that show women in offices, planes, and cars.
- Our teacher was invited to _________(judgment) a speech contest last week.
- I can _________(resistance) anything but temptation.
Key:
- smoother
- leading
- emotional
- introduction
- original
- advertisements
- judge
- resist
Grammar Tips / Exercises
- Fill in the blanks with the correct forms of the verb “be.” Add auxiliary verbs to indicate tense when necessary.
- Therewere some symptoms which the doctors noticed but just neglected.
- There wasa man and two children in the car when the accident took place.
- Therewillbe a lecture in this classroom this evening.
- Isthere any good news today?
- Is there anything in his room? Yes, therearetwo pieces of furniture in his room.
- Choose the best answer to complete each sentence.
- There ________ water left in the bottle.
- aren’t any
- aren’t some
- isn’t any
- isn’t some
- There ________ beer if you wait a moment.
- can be
- must be
- might be
- are
- There ________ great changes in my hometown since 2008.
- have been
- are
- were
- could be
- There ________ an apple, an orange, and a banana on the table.
- is
- are
- were
- being
- There ________ in making the same suggestion again.
- is no point
- is no doubt
- are no points
- are no doubts
Text B/Comprehension
- Answer the following questions according to the text.
- Who can make production and sales decisions in market economics?
In market economics, anyone(individual or company) can make production or sales decisions.
- In market economics, who sets the prices for products sold in stores?
In market economics, the prices are not set by a government planning committee. Instead, every seller is free to raise or lower prices according to changing market conditions.
- What is the basic principle of market economics?
The basic principle of market economics is the principle of individual freedom: freedom as a consumer to choose among competing products and services, freedom as a producer to start or expand a business, and freedom as a worker to choose a job or an employer.
- What’s the government’s role in a market economy?
In a market economy, the government’s role is limited to providing what are known as “public goods” — such as defense, law and order, and education.
- What seem to be the opportunities that a market economy can offer?
A market economy seems to offer greater opportunity for economic growth, technological progress and prosperity.
- Decide if the following sentences are true or false according to the text. Write T for true or F for false.
F 1. The processes used to decide what products to make, how to make them, and what prices to charge for them are similar in different countries.
T 2. Market competition is one of the basic reasons why we have many different styles and brands of the same product to choose from in stores.
F 3. In market economics, prices for products sold in stores are set by a government planning committee.
T 4. If a product becomes very popular for a time, the price of such products will usually rise.
T 5. One of the basic principles of market economics is the freedom for a producer to start or expand a business.
T 6. In a market economy, the government still has a lot of important roles to play.
Comprehensive Exercises
- Choose the best answer for each blank.
- I ________ traveling by air and only on one occasion have I ever felt frightened.
- used to
- am used to
- use to
- are use to
- He is the right person to ________ my job while I am away.
- take off
- take in
- take over
- take away
- This news report ________ fact.
- based entirely on
- is based entirely on
- based entirely to
- is based to entirely
- The ________ for independence was long and hard.
- right
- effort
- struggle
- fate
- It ________ more to live in the city.
- costs
- expands
- spends
- buys
- We must ________ the feelings of other people.
- prevent
- consider
- think
- see
- This is ________ nice evening!
- so a
- such a
- such
- so
- ________ room this is!
- What a small
- How a small
- What small
- How small
- Fill in the blanks with the words given below.
sales by developing developed
from Chinese for on |
|
Chinese automaker Geely plans to start selling cars in Britain by the end of next year, as the company seeks to expand its presence in developed markets. Zhejiang Geely Holding Group, which owns Swedish nameplate Volvo, will sell its EC7 car through a network of 30–40 dealerships around Britain, company spokesman Victor Yang said on Thursday. The four- and five-door cars will be priced from 10,000 pounds ($15,460) and will be distributed through Geely Auto UK.
Geely already exports vehicles to more than 40 developing countries in eastern Europe, Latin America, the Middle East, Africa and Southeast Asia. The move highlights the growing global ambitions of Chinese automakers such as Geely, which bought Volvo from US auto giant Ford for $1.5 billion in 2010, less than a quarter of what Ford paid for the company in 1999.
Geely has become one of China’s largest private carmakers since launching its auto manufacturing business in 1997. It has an annual production capacity of 300,000 cars and hopes to boost sales to two million by 2015.
- Translate the following sentences into English using the words or phrases given.
- 我们必须仔细观察市场的变化。(observe)
We must carefully observe the changes in the market.
- 我们打算下个星期在报纸上为新产品做个广告。(advertise)
We plan to advertise our new product in the newspaper next week.
- 中国正想尽一切办法把新技术引到西部去。(introduce)
China is trying every means to introduce new technologies to its western part.
- 服务业已成为中国经济的重要组成部分。(service)
The service industry has become an important part of the Chinese economy.
- 他在公司里的作用越来越重要。(play a role in)
He plays a more and more important role in the company.
- Translate the following sentences into Chinese.
- In the early 1980s, though Coke was still the leading soft drink, it was slowly losing market share to Pepsi.
20世纪80年代初,可口可乐虽然是软饮料中的领头羊,但其市场份额渐渐受到了百事可乐的蚕食。
- In the blind tests, 60 percent of consumers chose the new Coke over the old, and 52 percent chose it over Pepsi.
在盲测中,60%的消费者选择的是新可乐而非老可乐,52%的人认为新可乐比百事可乐更好。
3.The company might have been wiser to leave the old Coke alone and introduce New Coke as a brand extension.
可口可乐公司如果聪明的话,应该不动老牌可乐,把新可乐当做延伸品牌推入市场。
- In market economics, anyone — individual or company — can make production and sales decisions.
在市场经济中,任何个人、任何公司都可以决定生产和销售。
- In a market economy, the government still has a role to play, but the government’s role is limited to providing what are known as “public goods” — such as defense, law and order, and education. The government’s role in a free market economy also includes protecting private property and regulating certain economic activities. Generally speaking, the government plays a very important role in solving problems such as inflation, unemployment, and poverty.
在市场经济中,政府仍然有所作为,但其职能局限于提供国防、法律秩序和教育等所谓的“公共服务”。在自由的市场经济中,政府的任务还包括保护私有财产和调节某些经济活动。总的来说,政府在解决通货膨胀、失业和贫困等问题中发挥着重要作用。
Practical Reading and Writing / Exercises
- Complete the answer (in no more than three words) to each of the following questions.
- Where is this memo from?
This memo is from the administrative office .
- What is the subject of the memo?
This memo is about a meeting to discuss the quality control program.
- Who should attend the meeting?
All department heads should be present at the meeting.
- When will the meeting be held?
The meeting will be held at 2 p. m. on May 7th (Tuesday).
- What should the department heads do when they attend the meeting?
The department heads are each required to hand in a written proposal .
- You are required to write a memo according to the following information given in Chinese. You are to write no less than 60 words.
以公司人事部的名义,写一份备忘录,召集一次会议,于2013年5月20日发出。通知内容如下:
- 会议时间:2013年6月5日(星期三)晚上7:00
- 会议地点:公司办公大楼217室
- 会议内容:讨论2013年下半年新员工招聘计划
- 出席人员:各部门经理
- 要求:每人准备一份本部门招聘计划
Words for Reference
人事部 Human Resource Department
招聘计划 recruitment plan
新员工 new employees
Sample answer: