English Language Proficiency Tests-Advanced Level's archive Corporate Culture (1) 1.The company celebrated because they have been in business for a century. A century is . 100 years 50 years 10 years 5 years 2.Large companies usually put a lot of money and time into in order to gain an accurate understanding about the location, size and makeup of a particular market. market research buildings charities construction 3.The explanation that the managers gave for the loss was a complete fabrication. A fabrication is . a piece of clothing an honest story a humorous story a lie 4.The painting in my manager's office is priceless. If something is priceless, it . is not valuable in inexpensive has immense value is a very large item 5.The writer always ensures that all of his stories are authentic. If something is authentic, it is . fake real or genuine ancient new 6 refers to extensive staff cuts in order to reduce costs. In other words, when companies need or want to save money, they will lay off many employees to do so. Firing practices Downsizing Cutting benefits Market research 7.The in any given company is derived from a profit- and-loss statement and refers to a bottom figure that measures profits. bottom feeder bottom line bottom barrel bottom pole 8.When a company tries to its expenses, the company charges higher prices in an attempt to get back or recuperate its increased manufacturing or supplier costs. patch recover misplace drop 9.All of the employees began to disperse once the press conference came to a close. Disperse means to . scatter draw closer approach arrive 10.Prior to the Internet, large telephone companies had a competitive over smaller communication companies because they owned most of the telephone line infrastructure. Now, Internet capabilities have changed all that. empowerment advantage disadvantage lawsuit . English Language Proficiency Tests-Advanced Level's archive Corporate Culture (1) 1.The company celebrated because they have been