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III. Read the article and say whether these statements are true or false, translate them.

  1. The forecast for the business advice industry depends on country and sector, although IT consulting is expected to do well.

  2. American management consultancies have particularly benefited from an increase in the number of mergers and acquisitions.

  3. In the past, demand for consultants was high, but clients were often disappointed with the results.

  4. Leverage in the management consultancy business involves using a mix of both senior managers together with less experienced and younger consultants.

  5. In the 1990s, few apprentice consultants were required, as turnover in the industry was relatively low.

  6. A diamond-shaped organisation, where senior consultants are the minority, is predicted to replace the traditional pyramid-shaped consultancy.

IV. Read paragraphs 1 and 2 and underline the word or phrase which does not collocate in the text with the words in bold

  1. IT management sector

consulting

  1. exaggerated business advice $200bn-a-year

industry

  1. fabulous flat several

year

  1. recuperation double-digit return to

growth

  1. recovery IT consulting depressed

sector

  1. growth average compound sector

rate

V. Read paragraphs 3 to 4 and find expressions in the text that mean the same as these phrases, translate them.

  1. the significant rise in takeovers

  2. more successful than others

  3. help companies to work together after they have merged

  4. time when business activity increases rapidly

  5. inexperieced trainees producing poor results

  6. different consultancies competing for contracts

VI. Choose the best definition for these words and expressions in italics from paragraph 5.

a) Ever once an engagement has been signed …

  • an agreement between companies to merge

  • a consultancy contract

  • an arrangement to meet someone or attend an event

b) To add value, they must bring to the table...

  • have other sources of income

  • increase sales and profits

  • offer additional benefits which are not financial

с )… more than sharp minds and sharper suits.

  • experience in the retail clothing industry

  • experience and smart appearance

  • intelligence and stylish clothes

d) forcing consultancies to take a hard look at...

  • examine something or someone very carefully

  • think about or consider doing something

  • evaluate yourself critically

e) Under particular scrutiny is …

  • consideration of an idea, plan or project

  • careful, throrough examination of something/someone

  • close examination of company finances/accounts

f) … an army of enthusiastic juniors.

  • those who have already completed their military service

  • a large number of armed forces

  • many people involved in the same activity

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