LISTENING

Part 2. You will hear a student called Joanna talking to her new supervisor about the
research she has done on psychology and music.
Questions 1-2: Which TWO characteristics were shared by the subjects of Joanna's
psychology study?
A. They had all won prizes for their music
B. They had all made music recordings
C. They were all under 27 years old.
D. They had all toured internationally
Questions 3-4: Which TWO points does Joanna make about her use of telephone
interviews?
A. It meant rich data could be collected
B. It led to a stressful atmosphere at times
C. It caused some technical problems
D. It allowed the involvement of top performers
Question 5: Which topic did Joanna originally intend to investigate in her research?
A. changes in performer attitudes to concert dress
B. how choice of dress relates to performer roles
C. audience reactions to the dress of performers
D. regulations concerning concert dress
Your answers:
1. 2. 3. 4. 5.

Part 3. Listen to the conversation between two friends and decide whether the
statements are True (T) or False (F) (10 pts)
1. Andy is writing an essay about different ancient civilizations. F (aztecs)
2. The land where Aztecs used to live is now part of the USA. F
(mexico)
3. It was very important for a boy to know how to fight well. T
4. Wendy thinks it was a shame not all girls went to school. T
5. The king didn’t make important decisions all by himself. T
Your answers:
1. 2. 3. 4. 5.

Part 4. You will hear a lecturer introducing a case study to a group of finance students.
For questions 1-10, complete the sentences using up to three words. (20 pts)
CASE STUDY: COLLAPSE OF DALTON’S ELECTRICAL GOODS CHAIN
Background
That Dalton’s – a British electric goods chain collapsed came as a 1. _shock_ to
employees, shareholders and the general public.
Dalton’s had been facing greater competition from some 2. _supermarkets_ for several
years.
Previous attempts to 3. _restructure_ Dalton’s or re-finance the business had failed.
The collapse
Dalton’s was unable to make 4. _interest_ payments which were due.
Staff were afraid that the 5. _pension fund_ that was run by ISQ Insurance would be
short of money.
ISQ Insurance stated that the scheme was administered by a 6. _trustee_ who was
external to Dalton’s.
MacDougall Capital
At the time of the collapse, Dalton’s belonged to MacDougall Capital, a 7. _private
equity_ firm.
MacDougall believed it was entitled to receive 8. _damages_ in connection with its
purchase of Dalton’s.
MacDougall found a number of serious 9. “_gross irregularities_” in Dalton’s accounts.
MacDougall claimed to have found a total 10. _deficiency_ of 3.7 million pounds.