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2020年银行秋招每日一练(9.11)
经济学家Mr.U与你讨论了一些潜在的问题，请根据下列资料回答问题。
KGV is s traditional high-street music retailer. Based in Amsterdam, it has 12 stores in the Netherlands, three of which are Megastores. Some years ago, it expanded into the rest of Europe and now owns 65 stores-eight of these are mega stores.
The company is at present going through a difficult period. Over the last three years, profits have steadily fallen from 450m Euros to 290m Euros. The megastores’sales have risen by 8%, accounting for 55% of the company’s turnover, but the increased revenue has been achieved only by heavy expenditure on advertising and promotion. Fierce competition, a narrow product range and a lack of innovation are some of the reasons for KGV’s poor performance. The management are concerned especially that they are not exploiting the opportunities offered by selling through the Internet.
4.What kind of company is KGV?
A. It is music studio
B. It is an advertising agency
C. It is a high-street music retailer
D. It is a consulting firm
5.What does the word “turnover” in paragraph 2 mean?
A. An act or result of turning over
B. The aggregate of worker replacements
C. The total amount of business done in a given time
D. A change from one position to another
6.What can be inferred from the article?
A. KGV’s revenue has been steadily falling
B. KGV’s costs of promotion are high
C. KGV was founded in the US
D. The industry of music is very competitive
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