Indicater.com is a good example of a knowledge trader. It is targeted at food service managers throughout the hospitality industry. “we started with the context rather than extracting money from suppliers. “ explains founder Mike Day. “ we offer food service professionals interactive support to increase sales and profits. People don’t want another one-dimensional site full of advertising that doesn’t help them to do their job more effectively . it has to be customised offering real solutions to real problems. “ the site’s features include access to online training and a tariff tracker to restaurants can check prices throughout the sector.
15. what point is made in the first paragraph?
A Interest in commodity markets has decreased.
B Overall levels of expertise have improved.
C Opportunities to exploit your knowledge were limited in the past
D External market forces have meant knowledge is underpriced.
16 what are we told about the current impact of the internet in the second paragraph?
A publishers benefit from their exploitation of the internet.
B the internet has made it easier to analyse business trends.
C It is difficult to calculate the true economic value of the internet.
D the internet facilitates the development of the knowledge economy.
17 In the third paragraph, what does the writer say about knowledge?
A Acquiring knowledge can be expensive
B The most valuable knowledge concerns IT
C Trading knowledge raises issues of security.
D New businesses find it hard to trade in knowledge.
18. What point is made about knowledge in the fourth paragraph?
A It provides specialist information
B Its appeal lies in its exclusivity
C it can generate new ideas
D Its value accumulates.
19 which application of knowledge does the writer regard as particularly useful?
A analyzing manufacturing trends
B introducing compatible parties
C interpreting time constraints
D advising on legislation
20 what key feature is provided by Indicater.com?
A approaches that reflect the provider’s own experience
B access to appropriately trained potential employees.
C advice which directly benefits the bottom line
D advertising which is carefully targeted |
