3. Choose the correct alternative for each word.

1. SALARY / WAGE

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

2. 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.

4. 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

5. 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 ……… .

6. 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?