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Market Leader Intermediate Reading Homework - Unit 4
Market Leader Intermediate Reading Homework - Unit 4
O rga n isation
Reading
Read this article from the Financial Times and answer the questions.
FT
LEVEL OF DIFFICULTY e e e
1 Look through the whole article and find: 8 What three benefits do people get from
a) three traditional com panies. contributing to crowd intelligence websites,
b) four Internet companies. apart from money? (paragraph 6)
2 Read paragraph 2 and decide if these 9 Use correct forms of expressions from
statements are true or false. paragraph 7 to complete these statements.
Wikipedia ... a) If something exists in a lot of different places,
it is . . . . . . . . . .
a) entries can only be changed by the person who
wrote them. b) A social system with aristocrats and almost
powerless farmers is . . . . . . . . . .
b) has no central control at all.
c) If something doesn't happen immediately,
c) is the largest encyclopaedia in the world.
it doesn't happen . . . . . . . . . .
d) is of high quality.
d) Something that is strange and old-fashioned
e) copies existing ways of working. is . . . . . . . . . .
e) If a process speeds up, it . . . . . . . . . .
3 Look at paragraph 3 and find:
a) two benefits of large organisations. Over to you 1
b) four benefits of small ones. Do you share the writer's optimism about the potential
of collective intelligence? Why? I Why not?
4 Now match the expressions in Exercise 3 to
their definitions. Over to you 2
a) when people have new ideas Could collective intelligence be used in your own
b) the ability to work 'as your own boss' industry, or one that you would like to work in?
c) to limit the effect of unexpected events
d) when people work with enth usiasm and a sense
of purpose
e) the ability to work when and where you want to
f) when high levels of production result in lower
costs per unit produced
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Reading
Read this article from the Financial Times and answer the questions.
FT
LEVEL OF DIFFICULTY e e 0
Graduate recruitment
by Stephen Overell
I t is part of the mythology of JO scheme within the company. is access to high-profile people in
the modern world of work that to 'bring people on 10 be future 60 the organisation, gain broad skills
the days when it was possible to finance directors and finance and be handed opportunities to
enter a big company as a graduate vice-presidents'. work their way u p . 'Organisations
s fresh from college and stay there Could 1he company not arc hoping to get their
for 20 years. provided one was Js recru i t qualified management CEOs of the future from these
not incompetent, are long gone accountants on the open market? 6S schemes.' he says. That i s not
and will never return. Today, Mr Powell says it could and 10 say they don't also recruit
the world changes too fast, it i s sometimes does. B u t he argues outside them, but, for people
10 sometimes alleged. People are that the v i rllle of a formal who come in from outside, there
more likely to hop between jobs. 40 graduate scheme is that trainees is less certainty, less of a definite
How reassuring, then, to learn experience l i fe in different 10 future within the company.
that many big companies are still business units during the training With graduate trainees,
keen to catch graduates young, and acquire contacts which serve the aim is to turn them into
1s shape them over a long period and them well in the future. business u n i t managers i n seven
turn them into executives. 45 Paul Farrer, Chief Executive or eight years. Organisations
At AstraZcncca, the of 1hc Graduate Recruitment 1s d i ffer widely in how successful
pharmaceuticals company, Company, a division of they are in this aim.
graduates can choose between recru itment company PFJ, no1es At the top o f the retention
20 several d i fferent specialist thai graduate management league are employers in the
schemes, such as in engineering, so trainee-schemes are heavily public sector, information
f i nance and product strategy. over-subscribed by applicants so technology and o i l . At the bottom
At any one time, 1 5 people arc because they understand 1hc are construction and retail
on a three-year course working nature of the future marked out for companies. Some employers
25 towards qualifications as chartered them i f they are successful; every manage to lose half their graduate
management accountants. The ss position has about 30 applicants. intake i n the first year.
explicit intention, says David During thcirtimeon a management
Powe l l , Audit Director for Global scheme, graduates will be rotated
Operations who manages the through various business units, get
d) the group of which that recruitment organisation b) If too many people apply to be on a programme
is a part like this, it is . . . . . . . . . . . . . . . . . . . . . . .- . .
. . . . . . . . . . . . . . . . . . . . . .