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Intermediate Reading
Market Watch News
Answer Key
1. What does Innovate's financial performance suggest about the tech sector?
Answer: c) Growth in revenue doesn't guarantee profit success
2. How did investors interpret GlobalRetail's eco-friendly strategy?
Answer: a) As a sign of successful modernisation
3. What suggests AutoCorp's problems are more than temporary?
Answer: b) Both sales decline and rising costs despite cost-cutting programme
4. What contrasts are highlighted between the companies' performances?
Answer: b) Digital advancement versus traditional business challenges
5. Which company shows the strongest signs of adapting to changing markets?
Answer: a) GlobalRetail
6. What relationship does the article show between profit and share price?
Answer: c) They don't always move in the same direction
7. What factor most influenced investor confidence across these companies?
Answer: b) Strategy for future growth rather than current profits
8. How did City analysts view these mixed results?
Answer: a) As evidence of a wider economic transition