Choose the correct alternative for each word.

1. SALARY / WAGE

a) We pay a monthly.......... by cheque to our white-collar staff.

b) We pay a weekly........... in cash to our part-time blue-collar staff.

2. EXPENSES / EXPENDITURE

a) We have to reduce our general ....................... : we must cut costs wherever we can.

b) Zangief must cut his travel, accommodation and entertainment ....................: he'll have to stay in cheaper hotels and take his clients to cheaper restaurants.

3. EMPLOYERS / EMPLOYEES

a)...................... are people who are employed by companies.

b)..................... are people who give jobs to others.

Match the words with their meanings.

1) takeover a) the buying of one company by another
2) subsidiary b) company that sells goods to another
3) supplier c) finished foods that you are keeping to sell
4) stock d) a writer or spoken answer
5) reply e) a company that is owned by another company

Choose a pair of words from the list to complete the spaces in the two sentences. Decide which of the two words you need for each space.

salesman/retailer sells/buys education/training consists/divided produce/products manufactures/factory accountant/accounts share/subsidiary

1. We ……… 300 units per hour in our factory.

Bell's Whisky is one of our most profitable ……… .

2. ICL is a ……… of the Japanese Fujitsu company.

LVMH has a large ……… of the perfume market.

3. A ……… has a shop which sells directly to the public.

A ……… is a person who sells to shops or companies

4. Our electronics division is ……… into a number of autonomous companies.

The company ……… of five operating divisions.

5. There are 300 machine operators in our ……… .

The company ……… children's toys.

6. The Purchasing department ……… products.

Guinness ……… its beer all over Europe.

7. The ……… of staff in our company is the responsibility of the Human Resources department.

Schools are responsible for children's ……… .

8. We can't give you exact sales figures now because our ……… is on holiday.

The tax inspector came last month to look at our ……… .

Complete each sentence with a word from the box.

profit loss customers lend shares invested borrow owe save

1. Banks ... money to their ...

2. If a company spends more than it earns, it makes a ... .

3. If you want to ... money, you can put it in a deposit account.

4. If you buy something for $100 and sell it for $150, you make a … .

5. You can buy and sell ... on the Stock Exchange.

6. To buy a house you usually need to ... money from a bank.

7. We ... $2000 in company shares.

8. I ... you $100. When do you want me to pay it back?

Put each verb in brackets into either the present simple, past simple or present perfect.

1. The company is doing very well. Last year sales …………… (go up) by 15%, and so far this year they …………… (go up) another 12%.

2. We …………… (operate) all over Latin America. Recently we …………… (set up) branches in Peru and Ecuador.

3. This …………… (not look) like the right block. Are you sure we …………… (come) to the right address?

4. …………… (you/see) my laptop? I'm sure I …………… (leave) it here earlier.

5. I …………… (just/meet) Andrew from Sales …………… (you/know) him?

6. I …………… (never/speak) to him, but I …………… (speak) to his assistant on the phone yesterday.

7. I …………… (work) for WorldCom now – I …………… (be) there for more than five

years. …………… (you/know) WorldCom?

8. I …………… (work) for WorldCom since last year, but now I …………… (want) to change jobs. …………… (you/hear) of any vacancies?

In the following exercise, decide whether these situations are permanent or temporary. Put the verbs into the present simple or present continuous.

1. He joined the company 25 years ago and he still __________ (work) for us.

2. We __________ (not/send) out any orders this week because we're waiting for the new lists.

3. I __________ (deal) with Mr Jarman's clients this week because he's away.

4. Go down this road, turn right, and the road __________ (lead) straight to the industrial estate.

5. Because of the high cost of sterling, exports __________ (not/do) very well.

6. The stock market can be risky because the price of shares __________ (vary) according to economic conditions.

7. She would be excellent as a European sales rep because she __________ (speak) French fluently.

8. I'm Heinrich Brandt, I'm German, and I __________ (come) from a small town near Munich.

9. We __________ (spend) a great deal on phone calls due to a postal strike.

9. Fill in the blanks with anyone, anywhere, or anything.

1. This is not confidential. You can discuss it with __________ you like.

2. If you hire a car, you will be able to go __________ you want.

3. I am now responsible for recruitment, so I can hire __________ I like.

4. George Soros' Quantum Fund has so much money that the company can buy almost ____________ it wants.

5. You have to attend the course from 8.00 a.m. to 5.00 p.m., but in the evening you can do__________ you like.

6. Most of the hotels arc empty, so you can stay __________ you like.

Put the verbs in brackets in the correct tense, active or passive, to fit the meaning of the text.

NYLON

The first man-made fibre

NYLON (a) __________ (invent) in the early 1930s by an American chemist, Julian Hill. Other scien­tists (b) __________ (work) with his invention and finally on 27 October 1938, Nylon (c) __________ (introduce) to the world. It was cheap and strong

and immediately (d) __________ (become) successful, especially in the making of ladies' stockings.

During the Second World War, the best present for many women was a pair of nylon stockings, but more importantly, it (e) __________ (use) to make parachutes and tyres.

Today, nylon (f) __________ (find) in many things: carpets, ropes, seat belts, furniture, computers, and even spare parts for the human body. It (g) __________ (play) an important part in our lives for over 50 years. Next year about 36 million tons of it (h) __________ (manufacture).

Choose the correct words.

1. The new line should be so profitable as / as profitable as the old one.

2. This handset is the most profitable / the more profitable we've ever made.

3. This version of the programme is the most recent / recenter.

4. The guarantee is a year longer than / that with our older models.

5. Nothing is worse / worst than missing a flight because of traffic.

6. This printer is one of the best / better on the market.

7. The meeting wasn't long as / as long as I thought.

8. Today the share price is more bad/worse than it was yesterday.

9. I'm sorry, the journey took longer than / the longest we expected.

10. We'll be there soon. It's not much farer /further.

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