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Supplier - a company tliat provides a particular type of product — Microsoft is the world's lor gest supplier of PC software.

Unit 2 Companies

Advcrtise - (verb) to tell people publidy about a product or semce in order to persuade them to buy it — Beer and winę are both advertised on TV.

Advertisement / advert - a picture, piece of film, or piece of writing tliat is used to tell people publidy about a product or service in order to persuade them to buy it — the new television advertisement for the Volkswagen Golf

Business community - the companies, businesses, and businesspeople operating in an area

Competition - a situation in which businesses are tiying to be morę successful than others by selling morę goods and services and making morę profit

—    Competition between the two cable companies has driven down the price for program services.

Department - one of the parts of a large organization such as a company or university, where people do a particular kind of work — She heads the Customer Seiyices Department.

Equal opportunities - when the same chances and opportunities for employment are given to eveiyone whatever their age, sex, race, religion etc

—    We are an equal opportunities employer

I Apand - (verb) if an economy, industry or business activity expands, it gets bigger or morę successful — The business was growing rapidly and expanding abroad.

Graduate - a person who has a degree from a university or college

Holding company - a company tliat completely or partly owns other companies and may also canyout normal business activities itself

Industry - all factories or companies or processes involved in the manufacturing of products

Information Technology (IT) - the study or use of electronic processes for storing information and making it available

I.aunch - (verb) to show or make a new product available for sale for the first time — The company is launching a new rangę of hair products.

Manufacturc - (verb) to produce large quantities of goods to be sold, using machinery -* Nike started as a smali company manufacturing running shoes.