Test for Business English 
Test 1
READING 1 hour
PART ONE
Questions 1-8
· Look at the statements below and at the five extracts on the opposite page from an article giving advice to people setting up a business.
· Which extract (A, B, C, D or E) does each statement (1-8) refer to?
· For each statement (1-8), mark one letter (A, B, C, D or E) on your Answer Sheet.
· You will need to use some of these letters more than once.
1. You should plan ahead in case a founder of the company chooses to leave it.
2. A company which is expanding today may not always continue to do so.
3. The distribution of equity among the founders can affect the smooth running of the business.
4. Your function in the organisation is different from that of the other managers.
5. Your method of running the business will have to be modified as your company develops.
6. Your business may evolve into a form that you are not satisfied with.
7. Delay offering employees a financial stake in the company.
8. You need to identify your personal strengths and weaknesses.
A
So you think you're an entrepreneur, and you want to start up a company. First, be sure you're really an entrepreneur, and not an inventor. Inventors come up with ideas, entrepreneurs make a business out of them: it's important to know where your abilities lie, as inventors can fail miserably at running a business. Also, you need to be confident that you can adapt your management style to meet new demands if your company is a success. Leading the management team of a growing business is very different from leading a newly founded company. B
If your company proves successful, it will probably change out of all recognition, and may seem to possess a life of its own, with institutional shareholders, regulators and employees to consider as well as customers and bank managers. That is the time to consider how far the aspirations of the business you founded still mirror your own. If they have diverged widely, and you feel you have built just the
READING 1 hour
PART ONE
Questions 1-8
· Look at the statements below and at the five extracts on the opposite page from an article giving advice to people setting up a business.
· Which extract (A, B, C, D or E) does each statement (1-8) refer to?
· For each statement (1-8), mark one letter (A, B, C, D or E) on your Answer Sheet.
· You will need to use some of these letters more than once.
1. You should plan ahead in case a founder of the company chooses to leave it.
2. A company which is expanding today may not always continue to do so.
3. The distribution of equity among the founders can affect the smooth running of the business.
4. Your function in the organisation is different from that of the other managers.
5. Your method of running the business will have to be modified as your company develops.
6. Your business may evolve into a form that you are not satisfied with.
7. Delay offering employees a financial stake in the company.
8. You need to identify your personal strengths and weaknesses.
A
So you think you're an entrepreneur, and you want to start up a company. First, be sure you're really an entrepreneur, and not an inventor. Inventors come up with ideas, entrepreneurs make a business out of them: it's important to know where your abilities lie, as inventors can fail miserably at running a business. Also, you need to be confident that you can adapt your management style to meet new demands if your company is a success. Leading the management team of a growing business is very different from leading a newly founded company. B
If your company proves successful, it will probably change out of all recognition, and may seem to possess a life of its own, with institutional shareholders, regulators and employees to consider as well as customers and bank managers. That is the time to consider how far the aspirations of the business you founded still mirror your own. If they have diverged widely, and you feel you have built just the