Unit 3. Business Organization

Language

4. 1. multinational 2. parent company 3. associated company 4. commercial

5. venture 6. company 7. corporations 8. subsidiaries 9. acquisition 10. big business

11. conglomerates 12. mergers 13. shares 14. chairperson 15. chief executive;

5. 1. image 2. ladder 3. performance 4. culture 5. governance 6. strategy 7. col-

lapses 8. logo;

6. 1. collapses 2. culture 3. strategies 4. ladder 5. governance 6. performance

7. logo; image;

7. to; with; of; in; into; of; in; of; at; into; for; of; of; with; from; among; to; at;

on; to;

8. 1 – b; 2 – a; 3 – g; 4 – f; 5 – t; 6 – d; 7 – c;

11. 1. multinationals 2. a holding company 3. a conglomerate 4. entrepreneur

5. board of directors 6. partnership 7. property 8. a franchise 9. private corporation

10. Takeover;

13. in; very; the; be; the; too; that; the; that; to; one’s; many; in; of; which; to;

the; as; up; the;

14. has grown; observes; forced; forced; divides; began; have seen; were; has

opened; rose; has increased; has also pushed; have always been; has just been built;

have pulled;

15. 1. who 2. who 3. who 4. who 5. who; which 6. which; who 7. which 8. which

9. which 10. what 11. what 12.who;

17. the; the; a; the; the; a; the; the; the; the; the; the; a; the; the; the; an; the; the;

the; a; a; a; a; the; the; a; the; the; a; the;

Unit 4. Small Business. Entrepreneurship

Reading

Text 2

2. 1 – c: 2 – d; 3 – b; 4 – a.

Language

3. 1 possibility; 2 aware; 3 familiarity; 4 effective; 5 necessary; 6 willingness;

7 certain; 8 certain; 9 difficulty; 10 clear; 11 formalities; 12 personal; 13 creative.

6. 1 – i; 2 – d; 3 – h; 4 – f; 5 – b; 6 – c; 7 – j; 8 – g; 9 – a; 10 – e.

7. 1 – d; 2 – f; 3 – h; 4 – g; 5 – a; 6 – c; 7 – b; 8 – e.

8. pursue a dream, assume a risk, recognize an opportunity, own a company, make

a profit, establish priorities, set goals, cut a budget, grant a loan.

10. 1 on/in; 2 with; 3 in; 4 with; 5 at; 6 on; 7 with, on, for; 8 of; 9 with; 10 of.

11. 1 – f; 2 – i; 3 – j; 4 – g; 5 – l; 6 – a; 7 – e; 8 – d; 9 – b; 10 – c; 11 – h;

12 – k.

13.

1) a – U business; b – C a business; c – U business; d – C businesses; e –

U business; f – C businesses; g – C a business; h – U business; i – C a business;

j – C businesses; k – U business.

2) a – C ventures; b – U venture; c – C ventures.

3) a – C a(n) enterprise; b – U enterprise; c – C an enterprise; d – U enterprise;

e – C a(n) enterprise; f – U enterprise (2); g – C enterprises.

14. 1 survival; 2 entrepreneurs; 3 premises; 4 business plan; 5 incubation; 6 a fee;

7 incubators; 8 venture capital; 9 start-up; 10 success rate; 11 assistance.

16. 1 tiring; 2 shocking; 3 shocked; 4 challenging; 5 challenged; 6 excited; 7 ex-

citing; 8 disappointed; 9 interested; 10 depressed; 11 confusing; 12 rewarding; 13 in-

spiring.

17. 1 are thinking; 2 am dealing; 3 owns; 4 costs; 5 are…staying, don’t know, deals;

6 are taking; 7 is getting; 8 am coming; 9 come; 10 is always breaking down; 11 expect;

12 ‘m expecting; 13 is growing; 14 isn’t selling.

18. 2 will be needed; 3 is distributed; 4 are sent back; 5 is offered; 6 is analysed.

19. 1 – the; 2 – a; 3 – the; 4 – –; 5 – –; 6 – a; 7 – the; 8 – –; 9 – a; 10 – the;

11 – –; 12 – an; 13 – a; 14 – the; 15 – a; 16 – a; 17 – –; 18 – the; 19 – a; 20 – a.

20. 1 own; 2 in; 3 staff; 4 though; 5 be; 6 ago; 7 so; 8 their; 9 used; 10 have;

11 able; 12 off; 13 have; 14 despite; 15 number; 16 has; 17 result; 18 by; 19 next;

20 into.