BUSINESS VOCABULARY 3


I

Complete the sentences with the words given below

deadline outstanding settle ship expires

merger penalty transfer invoice order

1 If you want to ___________ money abroad, the bank charges are much higher.

2 `I'm calling about the _____________ account.' `I'm terribly sorry. It must have been an oversight on our side. We'll ____________ the account immediately.'

3 The ___________ clause in a contract specifies the consequences of a broken agreement.

4 We usually _________ goods within 48 hours.

5 Who is responsible for processing this ____________?

6 I am going to do some overtime. The project is still unfinished and we can't afford to miss the ___________.

7 His job contract ____________ next month but he expects it to be renewed.

8 Both companies will benefit from this ___________.

9 Please find enclosed my ________ for £200 for administrative work.

II

Complete the sentences with the words given below

commission CEO launch target sign

performance form assembly advertising share

1 The new __________ is expected to be appointed at the board meeting.

2 Most of the money salespeople get comes from _____________.

3 If you work well you will get a ______________ related bonus.

4 Panasonic is going to ____________ a new iPod this month.

5 I'm afraid we won't reach our sales ____________. Our market _________ is decreasing.

6 Please fill in this ___________.

7 Make sure you read the small print before you ___________ the contract.

8 The first ___________ line production was introduced by Ford Company.

9 The ____________ campaign was controversial but very successful.

III

Complete the sentences with the words given below

flow charge margin expenses retail

bust subsidiary economy evaluate delivery

1 Because of rising petrol prices the __________ costs have gone up.

2 He runs a small __________ outlet which sells designer clothes.

3 This big multinational company is going to open its first ___________ in Poland.

4 We ___________ the performance of each employee.

5 This is the best private detective agency in Poland. They ____________ over $100 an hour plus ___________.

6 The Nigerian __________ is thriving because of high oil prices.

7 We have been able to keep the prices down because we have the lowest profit __________ in the market.

8 The company has had serious cash-__________ problems for some time. If it continues, they may go _________.

IV

Complete the sentences with the words given below

outsource tailor downsize liabilities inflation

balance overheads turnover Revenue premium

1 If you have an internet account you can easily check the _________ on your account 24 hours a day.

2 We offer ________-made courses designed for specific needs of our clients.

3 We need to reduce ________. We are moving to a smaller office.

4 The board decided to ___________ the company which resulted in huge job losses.

5 Don't invest in them. Their ___________ are much higher than their assets.

6 Inland _________ accused him of tax avoidance because he paid a lot less tax

than he should.

7 I'm going to sell my car. It's very expensive and I can't afford paying the insurance __________.

8 ___________ was so high that prices changed twice a day.

9 The company decided to ___________ some of their services to India.

10 The company is expanding rapidly. Their _________ has increased by 21 %

KEY

I 1 transfer, 2 outstanding, settle 3 penalty, 4 ship, 5 order, 6 deadline, 7 expires, 8 merger, 9 invoice

II 1 CEO, 2 commission, 3 performance, 4 launch, 5 target, share, 6 form, 7 sign, 8 assembly, 9 advertising

III 1 delivery, 2 retail, 3 subsidiary 4 evaluate, 5 charge, expenses, 6 economy, 7 margin, 8 flow, bust

IV 1 balance, 2 tailor, 3 overheads, 4 downsize, 5 liabilities, 6 Revenue, 7 premium, 8 Inflation, 9 outsource, 10 turnover



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