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AMIG Mining Co Ltd.

at a Glance
AMIG Mining was established by Sir Richardson in 1930. It has grown from a local (Texas) mining
to a world class company. In 1955, the company successfully went-public, and become one player in
the national mining industry. And in 1970 the company went international, with the opening of branch
office in Iran and Afghanistan. Nowadays its operation over the world has absorbed more than 10.000
workers, and became one of the ten biggest tax payers to US government. In 2005 the company assets
reached USD 245 billion.
Business : Land base and off shore mining explorations, pipe-line construction, oil and gas
distribution, heavy engineering tool, rent and service engineering
Chairman : Richardson Jr.
Head office : Texas USA
Branch office : New York, Alabama, Teheran, Kabul, Riyadh, Batam (Indonesia)

What is the text about?


A. The history of Sir Richardson C. A company overview
B. The ten biggest tax payers D. Mining and heavy tool

What indicates this company went international?


A. Its location in USA C. It has absorbed more than 10.000 workers
B. Opening branch office in Middle-East D. As the ten biggest tax payers to US
government

What is not true about the company?


A. It has grown from a local mining to a world class company.
B. Its operation over the world has absorbed thousands employees.
C. It has a branch office in Indonesia.
D. Oil and gas trading

Vietnam Airlines
Vietnam Airlines has come a long way since it started out in 1956 with a fleet of five small aircraft.
Last year, it took delivery of five Airbus A321s and signed a contract to buy ten Airbus narrow bodied 321s
of which the first plane will be delivered in 2006. This July, it signed an agreement with Boeing to purchase
four 787 Dream liners. The expansion of Vietnam Airlines’ fleet which also includes new Boeing 777s and
Airbus A321s, state of the art craft for regional travel- is right on schedule.
In the first six months of 2005, the airline saw its passenger number increase by 25 percent, to
almost 3 million. Over a third of those passengers are foreigners, and their ranks grew this year as well, by
over 30 percent. Travelers are drawn by Vietnam Airlines’ strong domestic, regional, and international
routes: the airline flies to 16 domestic locations and 26 international destinations.

What is the main topic of paragraph two?


A. The kinds of planes in Vietnam Airlines fleet
B. The international destination of Vietnam Airlines
C. The number of A321s purchased by Vietnam Airlines
D. The increasing number of travelers flying with Vietnam Airlines
In what year did Vietnam Airlines’ fleet consist of only five small aircraft?
A. in 1956 C. in 2004
B. in 2005 D. in 2006

Why is the expansion of Vietnam Airlines said to be “right on schedule”?


a. Because the airline has come a long way since 1956
b. Because the purchase includes state of the art aircraft
c. Because the number of the airlines’ passengers is increasing
d. Because the airbus will deliver the narrow bodied A321s on time

Holcim's core businesses include the manufacture and distribution of cement, and the production,
processing and distribution of aggregates (crushed stone, gravel and sand), ready-mix concrete and
asphalt. The company also offers consulting, research, trading, engineering and other services.

Holcim is a global company employing some 80,000 people, with production sites in around 70
countries. With a market presence on every continent, Holcim is more globally spread than any other
building materials group, allowing us to create a strong foothold in each individual market, and
providing stable earnings for the Group.
Aiming to keep a balanced portfolio, Holcim's business strategy is based on continuous growth in
both developed economies and emerging, high-growth markets, where around three-quarters of our
operational capacity, accounting for almost half of the Group's net sales, is based.

In 2012, Holcim recorded sales of over 21 billion Swiss francs. Thanks to our market-oriented
structures, product innovations, skilled employees and efficient environmental management systems
Holcim is in a strong position now and for years to come.

What is NOT included as Holcim’s main businesses?


A. Manufacturing cements C. Processing and distributing asphalt
B. Conducting a research and consultations D. Hiring consultants and engineers

What enables Holcim to have a stable earning?


A. Having productions sites around the world C. Spreading more globally than any building
materials groups
B. Employing hundreds of workers D. Selling over 21 billion Swiss francs in 2012

The following reasons give Holcim a strong position, EXCEPT……….


A. market-oriented structures C. well-trained employees
B. product innovations D. unconditional management system

Samsung Corporation is a South Korean multinational company was founded by Lee Byung-Chull in
1938. Samsung started out as a small trading company with around forty employees. As a company, Samsung sells
a variety of electronics and services similar to Apple and other electronic companies.

Samsung’s most notable products include televisions as well as cellular devices and tablets. In the 1980’s
Samsung began to heavily invest in research and development. With the increase in research and development in
the 1980’s Samsung began to rise into an international corporation by the early 1990’s. After the death of Byung-
Chull, Samsung Corporation was divided into four groups. Along with growing in popularity, in 1992 Samsung
was the world’s foremost producer of memory chips and the second-leading computer-chip maker. From the early
2000’s until present, Samsung has been pioneering the Digital Age. By the first quarter of 2012, Samsung was the
world’s largest phone-making company.
What is the text about?
A. The history of Lee Byung Chull C. A company overview
B. The history of Apple Company D. The Windows Operating

What does Samsung sell?


A. memory chips C. cellular devices and tablets
B. a variety of electronics and services D. android operating system

What happened to Samsung in 1992?


A. Samsung was the world’s foremost producer of memory chips.
B. Samsung was the world’s largest phone-making company.
C. Samsung has been pioneering the Digital Age.
D. Samsung has a large share of devices utilizing the Windows Operating.

A factory is a very big building where things are produced. In a factory machines are used. Therefore,
many things can be more rapidly produced. In every industrial town we always find factories.
Factories give jobs for many people. Those who work in factories will get money for their wages.
Nowadays almost everything we wear and use is produced in a factory.
Of course, some things are still made by hand. Factory-made products are usually cheaper than handmade things.

What is the text about?


A. People in a factory C. Machines in a factory
B. Handmade products D. Factories

What does a factory give to the people?

A. Modern products C. Cheaper machines


B. Working opportunities D. Handmade things

“Those who work in factories will get money for their wages.”
The underlined word refers to ...
A. Wages B. Things C. People D. Factories
IRC, Information Retrieval Corporation, is a multinational computer manufacturer based in Australia and
Indonesia. The main office is in Brisbane, Australia, with other offices in Kuchiro, Malaysia, Bonn, Germany,
Pusan, South Korea, Tokyo, Japan and in Atlanta, Georgia in the U.S. IRC is one of the fastest growing
computer companies in the world, it is a leader in the field of laptop computers. It also enjoys a considerable
market for its software product, which are serviced by a battery of customer service representatives in every
major country. With manufacturing plants in Seoul, Himmelsrandt and Topeka, it is planning on expanding
manufacturing capacity over the next three years. Of its 15.000 employees worldwide 6.000 are technical staff,
2.000 software, 2.500 administration and 4.500 sales and marketing.

Where does IRC build its computers?

A. Pusan C. Atlanta
B. Seoul D. Bonn

What I know about IRC?


A. Their customer service is the best in the industry
B. It is enjoying a three field expansion in software production
C. The central office is in Malaysia
D. Multinational computer manufacturer based in Australia and Indonesia.

What is the synonym of the word "expanding" from the text above?

A. Spending
B. Developing
C. Collapsing
D. Exploring

SOLVABILITY

Firm solvability shows the firm ability to fulfill its financial responsibility. In case that it is liquidity at that time. Is
the firm healthy enough to pay its debt?

Solvability means the firm ability to pay all its debt either short or long term. A solvable firm is a firm has
enough assets to pay all its debt, while on the other hand an insolvable firm doesn’t mean that it is liquidated.

Related to the liquidity and solvability some firms face four possibilities:

 Liquid firms but insolvable


 Liquid and solvable firms
 Solvable but not liquid firm
 Insolvable and illiquid firm

Financial responsibility of a firm is concerned closely with:

A. having many customer C. paying all debt


B. its large product manufactured D. to fulfill all target of jobs

What is the performance of responsibility:


A. ignore the duty C. disobey to the leader of firm
B. neglect any works D. do the obligation

Which one of the following is NOT related to meaning of solvability?


A. to create liquidated firm C. ability to overcome the financial
problem.
B. ability to return the cost D. having adequate assets to pay its debt.

AMIG Mining Co Ltd. at a glance

AMIG Mining was established by Sir Richardson in 1930. It has grown from a local (Texas) mining to a world
class company. In 1955, the company successfully went-public, and become one player in the national mining
industry. And in 1970 the company went international, with the opening of branch office in Iran and
Afghanistan. Nowadays its operation over the world has absorbed more than 10.000 workers, and became
one of the ten biggest tax payers to US government. In 2005 the company assets reached USD 245 billion.

Business : Land base and off shore mining explorations, pipe-line construction, oil and gas

What is the text about?

A. The history of Sir Richardson C. A company overview

B. The ten biggest tax payers D. Mining and heavy tool

What indicates this company went international?

A. Its location in USA C. It has absorbed more than 10.000 workers

B. Opening branch office in Middle-East D. As the ten biggest tax payers to US government

What is not true about the company?

A. It has grown from a local mining to a world class company.

B. Its operation over the world has absorbed thousands employees.

C. It has a branch office in Indonesia.

D. Oil and gas trading


Samsung Corporation is a South Korean multinational company was founded by Lee Byung-
Chull in 1938. Samsung started out as a small trading company with around forty employees. As a
company, Samsung sells a variety of electronics and services similar to Apple and other electronic
companies.

Samsung’s most notable products include televisions as well as cellular devices and tablets.
In the 1980’s Samsung began to heavily invest in research and development. With the increase in
research and development in the 1980’s Samsung began to rise into an international corporation by
the early 1990’s. After the death of Byung-Chull, Samsung Corporation was divided into four groups.
Along with growing in popularity, in 1992 Samsung was the world’s foremost producer of memory
chips and the second-leading computer-chip maker. From the early 2000’s until present, Samsung
has been pioneering the Digital Age. By the first quarter of 2012, Samsung was the world’s largest

What is the text about?

A. The history of Lee Byung Chull C. A company overview

B. The history of Apple Company D. The Windows Operating

What does Samsung sell?

A. memory chips C. cellular devices and tablets

B. a variety of electronics and services D. android operating system

What happened to Samsung in 1992?

A. Samsung was the world’s foremost producer of memory chips.

B. Samsung was the world’s largest phone-making company.


C. Samsung has been pioneering the Digital Age.

D. Samsung has a large share of devices utilizing the Windows Operating.

UNDP-Private sector partners for development in Sri Lanka

COLOMBO—For the first time in 39 years in Sri Lanka UNDP has teamed up with private
sector partners to improve the quality of life of tsunami-affected communities of Sri Lanka.

Suntel, Brandix, Ceylinco Insurance, and the Coca Cola Company have signed agreements
with UNDP to fund water and sanitation and capacity development projects in the affected
districts of north, east and south of the island. These companies are contributing up to US$
600,000 towards these projects. Some of the water and sanitation projects are being
financed by the United Nations Foundation.
Suntel, a private telecommunications company, was the first entirely local private sector
company to partner with UNDP Sri Lanka. The initial contribution of Rs 813,000 from the
Suntel Relief Trust Fund is being utilized in Noonnawella in the Galle district.

What is the purpose of the project?


A. To rehabilitate a disaster-stricken country. C. To maximize a country’s food
production.
B. To restore communication facilities. D. To put up a better disaster-alert
system.

How many companies have agreed to support the project?


A. Two B. Three C. Four D. Five.

What project will be funded by UN Foundation?


A. Water supply system C. Water and ssanitation project.
B. School construction project. D. Telecommunication system.

The world's leading semiconductor intellectual property (IP) supplier


ARM Holdings is the world's leading semiconductor intellectual property (IP) supplier and as
such is at the heart of the development of digital electronic products. Headquartered in
Cambridge, the United Kingdom, and employing over 2,000 people, ARM has offices around
the world, including design centers in Taiwan, France, India, Sweden, and the United States.

Company Highlights
 The world’s leading semiconductor IP company
 800 processor licenses sold to more than 250 companies
 Gaining market share in long-term secular growth markets
 ARM revenues typically grow faster than overall semiconductor industry revenues

The ARM business model involves the designing and licensing of IP rather than the
manufacturing and selling of actual semiconductor chips. We license IP to a network of
Partners, which includes the world's leading semiconductor and systems companies. These
Partners utilize ARM IP designs to create and manufacture system-on-chip designs, paying
ARM a license fee for the original IP and a royalty on every chip or wafer produced. In
addition to processor IP, we provide a range of tools, physical and systems IP to enable
optimized system-on-chip designs.

Where is the location of ARM’s main office?


A. America B. Taiwan. C. England D. Sweden

What is ARM main business?


A. System manufacturer C. Product Developer
B. Semiconductor IP supplier D. Chip designer

What do the partners take advantage of ARM IP designs?


A. Using them to produce system-on-chip designs C. Paying royalty on every chip
produced
B. Paying a license fee for original IP D. Developing electronic products

Freeport-McMoRan Copper & Gold Inc. (FCX) is a leading international natural resources company with
headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with
significant proven and probable reserves of copper, gold, molybdenum, cobalt, oil and gas. FCX has a
dynamic portfolio of operating, expansion and growth projects in the copper industry. FCX is also the
world’s largest producer of molybdenum and a significant gold, oil and gas producer.

FCX’s portfolio of metals assets includes the Grasberg minerals district in Indonesia, the world’s largest
copper and gold mine in terms of recoverable reserves; significant mining operations in the Americas,
including the large-scale Morenci minerals district in North America and the Cerro Verde and El Abra
operations in South America; and the Tenke Fungurume minerals district in the Democratic Republic of
Congo.

FCX’s portfolio of oil and gas assets include strong oil production facilities in California, a growing
production profile in the onshore Eagle Ford trend in Texas, significant production facilities and growth
potential in the Deepwater Gulf of Mexico and large onshore resources in the Haynesville natural gas trend
in Louisiana. In addition, FCX is an industry leader in the emerging ultra-deep gas trend with sizeable
potential, located offshore in the shallow waters of the Gulf of Mexico and onshore in South Louisiana.

21. What is the text about?


A. This tells us about the profile of FCX.
B. This text is talking about the assets of FCX
C. FCX has significant production facilities include strong oil production.
D. The location of FCX is spread all over the world.

22. Where is the center of this company located?


A. In texas C. In Phoenix, Arizona.
B. In the Gulf of Mexico D. In Democratic republic of Congo

23. “…onshore in the shallow…” The antonym of the underlined word is:
A. Inshore C. Outshore
B. Offshore D. Toward shore
Freeport-McMoRan Copper & Gold Inc. (FCX) is a leading international natural resources company with
headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with
significant proven and probable reserves of copper, gold, molybdenum, cobalt, oil and gas. FCX has a dynamic
portfolio of operating, expansion and growth projects in the copper industry. FCX is also the world’s largest
producer of molybdenum and a significant gold, oil and gas producer.

FCX’s portfolio of metals assets includes the Grasberg minerals district in Indonesia, the world’s largest copper
and gold mine in terms of recoverable reserves; significant mining operations in the Americas, including the
large-scale Morenci minerals district in North America and the Cerro Verde and El Abra operations in South
America; and the Tenke Fungurume minerals district in the Democratic Republic of Congo.

FCX’s portfolio of oil and gas assets include strong oil production facilities in California, a growing
production profile in the onshore Eagle Ford trend in Texas, significant production facilities and growth
potential in the Deepwater Gulf of Mexico and large onshore resources in the Haynesville natural gas trend in
Louisiana. In addition, FCX is an industry leader in the emerging ultra-deep gas trend with sizeable potential;
located offshore in the shallow waters of the Gulf of Mexico and onshore in South Louisiana.

What is the text about?


A. This tells us about the profile of FCX.
B. This text is talking about the assets of FCX
C. FCX has significant production facilities include strong oil production.
D. The location of FCX is spread all over the world.

Where is the center of this company located?


A. In texas C.In the Gulf of Mexico
B. In Phoenix, Arizona. D. In Democratic republic of Congo

“…onshore in the shallow…” The antonym of the underlined word is:


A. Inshore C. Offshore
B. Outshore D. Toward shore

Bakrie & Brothers, established in 1951, is one of Indonesia's foremost corporations with a
scope of business interests that spans infrastructure, telecommunication, media, and
plantations. It is an investment company linked to controversial politician Aburizal Bakrie
who is currently chairman of the Golkar party and one of the candidates for the 2014
presidential election.

Starting as a commodity trading company, Bakrie & Brothers developed into one of the
biggest companies in the steel pipe industry. Later, it diversified its businesses and
transformed into an investment company. Its investments are currently in coal mining,
agribusiness, oil & gas, telecommunications, property, metal, and infrastructure sector.
What is the text about?
A. a trading company
B. an investment corporations
C. a family business
D. many kinds of investment business

What sector does the Bakrie&Brothers has a substantial stake in?


A. commodity trading
B. the steel pipe industry
C. coal mining, agribusiness, oil & gas, telecommunications, property, metal, and infrastructure
D. at the the Golkar party and the 2014 presidential election.

… with a scope of business interests that spans infrastructure, telecommunication…(line 2)


The synonym of the underlined word is …
A. include B. classify C. develop D. support
E. Spending
F. Developing
G. Collapsing
H. Exploring

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