Fill in the blanks.
The last decade has been …1… for management education and development. When the economies of most western countries were …2… in the early 1980’s there were …3… cuts both in corporate training and in higher education. During the boom years of the mid 1980’s there was some …4… in both areas. In the early 1990s industrialized countries were in the …5… of another severe recession and a …6… retrenchment was to be reasonably …7… throughout the training world. But this has not been the case so far. Many leading companies are …8… their belief in training as the key to future competitiveness and governments are …9… an era of massive …10… in higher education.
1. b) paradoxical; 2. c) faltering; 3. c) proportionate; 4. d) advancement; 5. b) grip; 6. d) tough; 7. d) expected; 8. a) asserting; 9. b) encouraging; 10. investment