Here goes mine with short analysis:
1. C (obvious)
2. C (anyone got wrong here will not get band
just kidding)
3. A (other choices are like the opposite)
4. D (got me thinking here. Seeing that he posted notice so everyone can see, at first I think it is informational, but ethical or strategic is just wrong. Then I remember, there are only three management roles, aren't there? Other choices have management skills, and it is only a question 4, so maybe no trick here, and so I put D)
5. A (1 second question)
6. A (B? What does it mean by selling securities? Is that really a term?)
7. D (2 seconds question)
8. D (Not sure, B or D? Negotiation can be formal I think and conciliation has to be legal with court presence and arbitration if it is legally binding also with court presence. Still not sure.)
9. C (no calculator needed)
10. D (no calculator needed)
11. D (A is external, B is just contradictory - he set (haha wrong grammar there in the paper) up a website, but then outsourcing, where is the connection? C is external, so it left us with D)
12. D (Not sure, B or D? But share is internal (owner's equity), isn't it? And so there may be change of ownership if shares can move from one owner to another. Also for D, owner's equity improves gearing which means the business can survive longer. Well, it is just what I think.)
13. B (D? If it is strong why not compete with foreign imports, this may increase the country's economic growth. For B, I almost misread this, it said reduction of economic growth in the DOMESTIC market, which I believe would be the best support the argument.)
14. D (Can be C. And I think it is C because the price is set by the market, regardless of the cost or competition involved in getting the service to market. I hope someone would support my D answer though
)
15. B (Hahaha, wholesale is not type of market)
16. C (Quite obvious, Lewin's Unfreeze/Change/Refreeze)
17. A (B is WRONG. It should be buying products from a subsidiary at HIGHER than market prices, not lower)
18. D (A is incorrect. B and C are reasons for expansion.)
19. B (Now I don't know about this. Can be B, can be C. But I thought that there is Anti-Discrimination Act for C, so I choose B. I think the word "indicates" in the question support this. Oh well...)
20. C (Unexpectedly easy)
OK, I am done. Thank you for reading.
I got 17/20 if the correct answer is the one is the most common answers.
Pasted here in case, it changed later (include mine):
1) C (6/7)
2) C (7/7)
3) A (7/7)
4) B (5/7)
5) A (6/7)
6) A (6/7)
7) D (5/7)
8) D (7/7)
9) C (7/7)
10) D (7/7)
11) D (4/7)
12) D (4/7)
13) D (4/7)
14) D (3/7)
15) B (6/7)
16) C (5/7)
17) A (7/7)
18) D (7/7)
19) C (4/7)
20) C (6/7)