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After decades of growth, business school enrollments in the US have started declining in recent years. Only Harvard's MBA program saw substantial increases while Princeton and Stanford saw decreases. The number of people receiving MBAs dropped about 3% to 75,000 and this downward trend is expected to continue. There are two main factors causing this - graduates are finding MBAs do not guarantee high-paying jobs, and companies are cutting positions and offering fewer entry-level jobs. Business needs are changing and schools are struggling to adapt.
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0% found this document useful (0 votes)
155 views16 pages

Ti ếng Anh HP 2 - Google Drive: Trang 1 / 12

After decades of growth, business school enrollments in the US have started declining in recent years. Only Harvard's MBA program saw substantial increases while Princeton and Stanford saw decreases. The number of people receiving MBAs dropped about 3% to 75,000 and this downward trend is expected to continue. There are two main factors causing this - graduates are finding MBAs do not guarantee high-paying jobs, and companies are cutting positions and offering fewer entry-level jobs. Business needs are changing and schools are struggling to adapt.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Tiếng Anh HP 2 - Google Drive

drive.google.com/drive/u/1/folders/1zlWrG50WQQThosWP93lfkBIupOGrCDu5

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PRACTICE 1

After two decades of growing student enrollments and economic prosperity, business
schools in the United

States have started to face harder times. Only Harvard's MBA School has shown a
substantial increase in

enrollment in recent years. Both Princeton and Stanford have seen decreases in their
enrollments. Since

1990, the number of people receiving Masters in Business Administration (MBA)


degrees, has dropped

about 3 percent to 75,000, and the trend of lower enrollment rates is expected to
continue.

There are two factors causing this decrease in students seeking an MBA degree. The first
one is that many

graduates of four-year colleges are finding that an MBA degree does not guarantee a
plush job on Wall

Street, or in other financial districts of major American cities. Many of the entry-level
management jobs are

going to students graduating with Master of Arts degrees in English and the humanities
as well as those

holding MBA degrees. Students have asked the question, "Is an MBA degree really
what I need to be best

prepared for getting a good job?" The second major factor has been the cutting of
American payrolls and the

lower number of entry-level jobs being offered. Business needs are changing, and MBA
schools are

struggling to meet the new demands.

Choose the best answer.

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1. What is the main focus of this passage?

A: jobs on Wall Street

B: types of graduate degrees

C: changes in enrollment for MBA schools

D: how schools are changing to reflect the economy

2. The phrase "two decades" in line 1 refers to a period of

A: 10 years B: 20 years C: 50 years D: 100 years

3. Which of the following business schools has NOT shown a decrease in enrollment?

A: Princeton B: Harvard C: Stanford D: Yale

What does each of the following underlined words/phrases refer to?

4. “The first one is that many graduates of four-year colleges ….” (paragraph 2)

one = factor

5. “…and the humanities as well as those holding MBA degrees.” (Paragraph 2, Line 5)

those = students

Which words in the passage mean the following?

6. to become less, or to make something become less

decrease / drop

7. the qualification given to a student who has done this course

degree

8. a person who has finished their school, college or university education

graduate

Fill in each blank with ONE suitable word from the passage. Put it in its correct form or
tense if

necessary.

9. This company __________ many good opportunities for its hard-working workers
to get promotion.

Offers
2/16
10. The lending interest ________ have been pushed by commercial banks up to 20-
22 percent per year.

Rates

PRACTICE 2

WORKING ABROAD

3/16
Trang 2 / 12
By Rhymer Rigby

4/16
A period overseas is seen by many as an important addition to your CV. But how do you
make sure that it

really works to your advantage?

1. What are the personal considerations?

"Think carefully about the job," says executive coach, Nicola Bunting.
"Does it fit in with your career goals

or are you being attracted by the lifestyle? Also before you go, you need to have a re-
entry plan." Kevan

Hall, chief executive of the international people management group, Global Integration,
says you shouldn't

underestimate the culture shock. "Go out there beforehand. See what you' re
getting into."

2. What are the advantages and disadvantages?

Nigel Parslow, UK managing director of Harvey Nash executive search, says staying
where you are may not

be possible if you work for an organization that has overseas operations. He adds that
the experience you

gain is also very attractive.

3. What should I consider before I go?

The biggest is family. This can be particularly hard for people in the middle of their
careers who may have

children at school. Ms. Bunting says: "There's your partner's career


too. Some people's spouses try and

commute back and I'd really advise against this as it makes an already stressful
situation even more

difficult."

4. What about the destination?

Mr. Hall says: "There's been a power shift to Asia, and that, coupled with
low growth in America and

Europe, means that particularly if you're ambitious you might want to spend some
time there."
5/16
5. Is there an ideal length of time?

Many people say two to three years. But this will vary according to the country and
organization. Mr.

Parslow thinks so that if you spend too long abroad, you can end up with a not entirely
positive expat* label

attached to you.

Chose the best answer:

1. Which opinion / piece of advice belongs to Nicola Bunting?

A: Don’t stay aboard too long.

B: Make sure the overseas job suits your career goals.

C: Go to work in Asia.

D: Go to place beforehand to check it out.

2. Which opinion/ piece of advice belongs to Nigel Parslow?

A: Think about your partner’s career.

B: Don’t underestimate the culture shock.

C: You may have no choice about going abroad or not.

D: Think about what you will do when you get back.

3. When considering a job abroad, why is Asia a good place to go and work for a while?

A: Because the experience you gain is very attractive.

B: Because this makes a stressful situation even more stressful.

C: Because it is becoming more economically powerful.

D: Because people think you have become a permanent expat.

What does each of the following underlined words/phrases refer to ?

4. This can be particularly hard for people in the middle of their careers who may have
children at school.

(paragraph 4)

WHO = people in the middle of their careers

6/16
5. But this will vary according to the country and organization. (the last paragraph)

THIS = an ideal length of time working abroad

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7/16
Which words in the passage mean the following?

6. Have an idea about what you are going to do when you get back

have a re-entry plan

7. Getting involved in

getting into

8. Husband or wife

spouse

Fill in each blank with one suitable word from the passage. Put it in is correct form or
tense if

necessary.

9. If you consider if a job ……… in with your career goals, you think about the long-term
consequences of

taking the job.

fits

10. If you suffer from culture …………., you find it difficult to get used to another culture.

culture

PRACTICE 3

Hotel, shop, and restaurant chains, which employ thousands of people in low-paid,
dead-end jobs, are

discovering that high labor turnover rates resulting from the indiscriminate hiring of
“cheap” workers can be

extremely costly.

Cole National, a Cleveland-based firm which owns Child World, Things Remembered
and other specialty

shops, declared a “war for people” in an effort to recruit and keep better staff.

Employees were asked: What do you enjoy about working here? In the past year, have
you thought about

leaving? If so, why? How can we improve our company and create an even better place
to work? Employees
8/16
replied they wanted better training, better communications with their supervisors and,
above all, wanted

their bosses to “make me feel like I made a difference”. Labour turnover declined by
more than half; for full

time sales assistants, it declined by about a third.

Marriott Corporation, a hotels and restaurants group, has also decided to spend more
money on retaining

employees in the hope of spending less on finding and training new ones. In one year, it
had to hire no fewer

than 27,000 workers to fill 8,800 hourly-paid job slots.

To slow its labor turnover, Marriott had to get a simple message accepted throughout its
operating divisions:

loyal, well-motivated employees make customers happy and that, in turn, create fatter
profits and happier

shareholders. Improved training of middle managers helped. So did a change in bonus


arrangements.

Choose the best answer.

1. Where do you think the message is from?

a. a newspaper article b. a mini-presentation

c. a financial report d. a brochure

2. Which of the following statements is NOT mentioned in the passage?

a. Hotel, shop and restaurant chains hire a lot of employees.

b. Many workers in service industries are paid badly.

c. Cole National is a firm mainly operating in Cleveland.

d. Cole National conducted a war to keep better staff.

Answer the following questions.

3. What did the employees want from their supervisors?

They wanted better training, better communications with their supervisor; moreover,
they wanted their

9/16
bosses to “make me feel like I made a difference”.

Trang 4 / 12

10/16
4. What has Marriott Corporation decided to do to spend less on finding and training
new staff?

(It has decided to) spend more money on retaining employees.

What does each of the following underlined words/phrases refer to?

5. … for full time sales assistants, it declined about a third. … (Para. 3)

IT = Labour turnover

6. … To slow its labor turnover, Marriott had to … (Para. 5)

ITS = Marriott Corporation’s / (of) Marriott Corporation

Which words in the passage mean the following?

7. with no hope of promotion

= dead-end

8. larger in quantity

= fatter

Fill in each blank with ONE suitable word from the passage. Put it in its correct form or
tense if

necessary.

9. Buying new equipment for the factory now may prove too ……….

Costly

10. We hope to ……… the spread of the disease.

Slow

PRACTICE 4

L.L. BEAN is a family company. Its boss, Mr. Leon Gorman, is the grandson of Leon
Leonwood Bean, the

founder of America’s most famous mail order business. Like Timberland, L.L. Bean first
made a name for

itself by making superior footwear, the famed Maine hunting boot, and has earned a
deserved reputation for

11/16
the quality of the $600m worth of mainly outdoor clothes and equipment it sells each
year.

Mr. Gorman has shown scarcely any interest in selling abroad – much like his late
grandfather, who used to

block suggestions that he expand markets by saying: “I’m eating three meals a day now,
and I can’t eat

four”.

So few of the 11.3m packages L.L. Bean ships each year with extraordinary dispatch and
efficiency go

outside North America. If the company and America’s trade balance are the losers, so
are the foreigners

denied easy access to some of the best things made in the United States. About 94% of
Bean’s goods carry

the L.L. Bean label, either because the product is manufactured by Bean or, as is
nowadays more likely, it is

made by others to its specifications. Either way, L.L. Bean stands behind all it sells.

Customers can return a Bean product for any reason at any time and they get a
replacement or their money

back. One recently returned a bag with bullet holes in it. In a covering note the customer
explained that

books in the bag had saved his life when he was hit by stray shots and asked if he could
have a new bag.

L.L. Bean said yes immediately. The company is committed to satisfying its customers,
and it says it is for

customers to decide whether or not they are satisfied. Foreigners have good reason to
complain that they are

not.

Choose the best answer.

1. Where do you think the message is from?

A: a newspaper article

B: a mini-presentation
12/16
C: a financial report

D: a brochure

2. Which of the following statements is NOT mentioned in the passage?

13/16
Trang 5 / 12
A: L.L. Bean is the most famous mail order business in the US.

B: Mr. Leon Gorman is the founder of L.L. Bean.

C: Both Timberland and L.L. Bean started by making superior footwear.

D: Each year, L.L. Bean has a turnover of $600m for the outdoor clothes and
equipment.

Answer the following questions.

3. How many packages that L.L. Bean ships each year go outside North America?

Few of them / Few of the 11.3m packages

4. What can customers do if they are not satisfied with a Bean product?

They can return a Bean product for any reason at any time and they get a replacement
or their money back.

What do the underlined parts refer to?

5. … much like his late grandfather, who used to block suggestions that … (Para. 2)

WHO = Gorman’s late grandfather / his late grandfather

6. … as is nowadays more likely, it is made by others to its specifications. …. (Para. 3)

ITS = (of) L.L. Bean or L.L. Bean’s

Which words in the passage mean the following:

7. Prevent something from happening, developing or making progress.

BLOCK

8. Promised.

COMMITTED

Fill in each blank with suitable words or a phrase from the passage.

9. We will ………… the goods within 24 hours of your order reaching us.

despatch / ship

10. He’ll only wear clothes with a design ………. .

14/16
Label

PRACTICE 5

UK TELECOMMS COMPANY RexCo has decided to sell off one of its divisions,
Transfone. RexCo

established Transfone in 1999 to try and enter the foreign mobile phone market, but it
has not been

successful, and it hasn’t increased export sales. When Transfone decided to enter this
market, experts said

that it was too competitive, but Ralf Hogan, RexCo’s Managing Director thought there
would be high sales.

Now, however, the company’s turnover has decreased sharply and profits have
disappeared. Shareholders

have been unhappy for some time, and so Transfone will become part of another UK
company, Portman,

plc, who will use Transfone’s customers to increase their Dutch business. They will stop
the company’s

operations in other countries. The situation will kill RexCo’s hopes of becoming a major
European player,

but it will please shareholders.

RexCo domestic phone charges have remained the same for the last three years,
although competitors have

reduced prices. RexCo now plans to take the opportunity to lower its charges hoping
this will increase

customer numbers. Its rival company, Fishercom, decreased their charges two years
ago and has already

seen sales go up by almost 12%. If the same happens at RexCo, Mr Hogan will be a
happy man.

Choose the best answer.

1. According to the first paragraph, what has been a problem for Rexco?

a. There were fewer competitors for Transfone in 1999.

b. Experts gave RexCo the wrong information.


15/16
c. Sales have been lower than expected.

d. RexCo’s suppliers went out of business and failed to pay their debts.

16/16

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