Question 1-3:

Transcript
In today’s business news; Edward Stanley, CEO of Stanley Foods, has announced that his company has acquired Woodford Packaging Inc. The acquisition will be finalized by the end of the month. In a recent press release, Mr. Stanley stated that he fully expects that the acquisition will allow his company to run operations more efficiently by having his food production and packaging facilities under one roof. Mr. Stanley also announced that the company would be renamed Stanford Foods and will become the largest packaged food company on the west coast.

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Question 1:
What event does the report discuss?
A. A restaurant expansion
B. A corporate acquisition
C. A marketing complaint
D. A manufacturing conference
Question 2:
When will the event be finished?
A. By the end of the quarter
B. By the end of the week
C. By the end of the month
D. By the end of the year
Question 3:
What is the expected result of the event?
A. More effective leadership
B. More convenient location
C. Safer food products
D. Greater operational efficiency

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