5.
With which of the following generalizations
regarding management structures would the author of the passage most probably
agree?
A.
Hierarchical management structures are the most efficient
management structures possible in a modern context.
B.
Firms that routinely have a high volume of
business transactions find it necessary to adopt hierarchical management
structures.
C.
Hierarchical management structures cannot be
successfully implemented without modern communications and transportation.
D.
Modern multinational firms with a relatively
small volume of business transactions usually do not have hierarchically organized
management structures.
6.
The passage suggests that modern multinationals
differ from early chartered trading companies in that
A.
The top managers
of modern multinationals own stock in their own companies rather than simply receiving
a salary
B.
Modern multinationals depend on a system of
capitalist international trade rather than on less modern trading systems
C.
Modern multinationals have operations in a
number of different foreign countries rather than merely in one or two
D.
The overseas operations of modern multinationals
are not governed by the national interests of their home countries
7.
The author mentions the artisan and peasant
productions systems of early chartered trading companies as an example of
A.
An area of operations of these companies that
was unhampered by rudimentary systems of communications and transport
B.
A similarity that allows fruitful comparison of
these companies with modern multinationals
C.
A positive achievement of these companies in the
face of various difficulties
D.
A characteristic that distinguishes these
companies from modern multinationals
8.
The passage suggests that one of the reasons
that early chartered trading companies deserve comparison with early modern
multinationals is
A.
The degree to which they both depended on new
technology
B.
The similar nature of their management
structures.
C.
Similarities in their top managements ‘ degree
of ownership in the company
D.
Their
common dependence on political stability abroad in order to carry on
foreign operations
Answer: