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B. Complete the sentences below with the words and phrases in the box





 

head office market share net profit parent company share price subsidiary turnover

 

1 The amount of money a company receives from sales in a particular period is

called its: turnover.

2 The money a company makes after taking away its costs and tax is its . . . . . . . . . . . . .

3 A company which owns another company is called a . . . . . . . . . . . ..

4 The employees in a particular country or business are called the . . . . . . . . . . . . .

5 The percentage of sales a company has in a particular market is its . . . . . . . . . . . . .

6 The main building or location of a large organization is its . . .. . ... . . . ..

7 The cost of a company's shares is its . . . . . . . . . . . . .

8 A company which is more than 50% owned by another company is called a . . . .

 

C Complete this extract from a company report with appropriate words or phrases from the box in Exercise B.

 

Financial performance I am pleased to say the parent company(1) has continued its excellent performance. We are changing, growing and doing well at a difficult time for the industry............. (2)was €57.2 million - an increase of 15% on last year, and ........... (3)rose by 5% to €6.4 million. We are a highly competitive business. We have increased our............ (4) to 20%. Consequently, our........... (5) has risen and is now at an all-time high or €9.6. Increased production and strong demand have had a positive effect on our cash now, so we are able to finance a number of new projects. We have successfully moved to our new. .. . . . . . . . .. (6)in central London. We are now planning to start full production at the recently opened Spanish. .. . .. .. . . . . (7) in October. Finally, thanks once again to our loyal and dedicated............. (8) Our employees willalways be our most valuable asset.

 

E Now talk in the same way about your own company or one you know well.

Which other companies in your country are doing well or not doing well at the moment?

CD1.18 Listen to the first part of an interview with Susan Barratt, the Chief

Executive Officer of Nature's Way Foods, and correct the six mistakes in this






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