- •Business and Businesses
- •Vocabulary Building
- •Circle the correct answer to each question.
- •Complete the crossword using both the above-studied vocabulary and your background business English.
- •Use the words in the box once each to complete the paragraph below. Beware that the stressed syllable changes:
- •Complete the following sentences with the correct form of the words in italics.
- •Trace the difference between the words and word combinations. Then, complete the sentences with the suitable word making necessary changes.
- •Trace the difference between the words and word combinations. Then, complete the grid below. Put a tick if the word on the left can be used with the word in the top column.
- •Complete the sentences with the suitable word making necessary changes.
- •Standard of Living - threshold of material security measured by the availability of resources to an individual, family, or society.
- •Find a corresponding definition for each phrasal verb.
- •Complete the following sentences, using suitable forms of the verbs in the box below.
- •Guess the meaning of the idioms.
- •Use the idioms to complete the following sentences.
- •Translate sentences from Russian into English using the vocabulary of the unit.
- •Management and Managers
- •Defining Management
- •Here are some definitions of management and the role of managers. Complete the sentences with the words from the box. Choose the best definition and give reasons for your choice.
- •The role of managers
- •Now, check how well you understood the main points of the text by answering the following questions.
- •Now, try to put the theory about manager’s functions you have read above into practice.
- •Management qualities
- •Discuss as a class giving your reasons.
- •Look at the list of adjectives in the box and either translate them into Russian using a dictionary or explain the meaning of each adjective in English:
- •The right man for the job
- •Here we suggest you getting acquainted with a realistic management situation which managers regularly face.
- •Instructions
- •Fill in the gaps in the following sentences using the words from the box.
- •Listen to the following conversations and note down the main points discussed (you may wish to use the prompts as you listen).
- •In pairs discuss the main points managers should consider when they take on new personnel.
- •You see the following advertisement in an international newspaper. Write a suitable letter in reply to it and enclose your curriculum vitae.
- •Corporate Structure and Legal Status
- •Vocabulary Building
- •Vocabulary Practice
- •Which terms refer to organizations that control another company, and which refer to companies whose shares are held by another company?
- •Look at the four diagrams showing corporate relationships and complete each sentence with one of the terms below.
- •Use each term in the box to complete the paragraph.
- •Read the information about the four companies below and say which matches each of the terms in the box.
- •Structuring your business
- •Find words in the text that have the following meaning:
- •Answer the following questions on the text:
- •Fill in the missing words in the table and then make up four sentences using any of them.
- •Complete the sentences using the words from the table above.
- •These pairs of words often cause problems. Choose the correct alternative for each sentence.
- •Match the following verbs and nouns with the correct definitions.
- •Complete the following sentences, using suitable verbs and nouns from the list above.
- •Read the sad story of Pedro Brown.
- •Translate sentences from Russian into English using the vocabulary of the unit.
- •Company Structure and Levels of Management
- •Square Hole Engineering Inc. Has four white-collar grades and four blue-collar grades. Write the names of all eight grades in the list, from the top (1) to the bottom (8).
- •One of the most important tasks for the management of any organization employing more than a few people is to determine its organizational structure, and to change this when and where necessary.
- •Organization structures
- •Now, check how well you understood the main pioints of the text by answering the following questions.
- •Now, try to put the theory about organization structure you have read above into practice.
- •Levels of Management
- •Organization Chart
- •Sometimes the structure of management in a company can depend on the country it operates in. Read about managers, executives and Directors in the uk and the usa.
- •M anagers and executives: uk
- •Managers and executives: us
- •Job Titles
- •Look at the list of job titles in the box and either translate them into Russian using a dictionary or explain the meaning of each word combination in English:
- •Departments
- •In order to operate effectively as an organization every manager should be aware not only of his/her responsibilities, but also of activities of people in other departments.
- •Imagine, the organization is in trouble. Match the problems (a-l) with the correct departments (1-12) and then discuss as a class how these problems could be resolved.
- •Company Organization
- •Company organization is sometimes described in an organization chart or organigram, often a simplified diagram showing areas of responsibility for key personnel.
- •Imagine that you are involved in one of the situations described below. Write an appropriate memo to the person indicated.
- •Business Strategy
- •Vocabulary Building
- •Vocabulary Practice
- •Look at the terms in the box and find two terms that refer to:
- •Are the following statements true or false?
- •Use the terms in the box to complete the paragraph.
- •Match the business strategies with the situations below.
- •Read these short passages about advantages and disadvantages of joint ventures, mergers, local partners and takeovers. Can you add any other?
- •Complete the sentences using the negative adjectives from the table above.
- •Trace the difference between the words and word combinations.
- •Write yes or no in the boxes in order to check your understanding of the notions.
- •Complete the sentences with overdraft, credit facilities, loan, borrow, lend and their derivatives:
- •Trace the difference between the words and word combinations. Then, complete the following sentences with the verbs to update, to upgrade, to update and their derivatives.
- •Complete the following sentences using suitable items from the box below.
- •Read the text about management of high-tech firms and complete the passage with the correct form of the words below.
- •Complete the following sentences with the correct phrasal verbs below.
- •Answer the following questions in any way you wish using the verbs in brackets.
- •Rewrite the following sentences without changing their meaning. Use the verbs or phrases in italics followed by the correct prepositions and make any other necessary changes.
- •Guess the meaning of the idioms.
- •Complete these short passages with the idioms from the table above.
- •Dot.Com success
- •Translate sentences from Russian into English using the vocabulary of the unit.
- •Top Management
- •Strategic Management
- •Now, mark the following statements True or False.
- •Top management - planning and strategy
- •Now check how well you understood the main points of the text above. Number the following ideas 1-8, depending on the order in which they appear in the text.
- •Answer the following questions.
- •What, in your opinion, are the mission and purpose of the following organizations?
- •Now, try to put the theory about top management responsibilities you have read above into practice. Read the case study and then try to answer the following questions:
- •Consider Computex, the high-technology company mentioned above. Note down some of its strengths, weaknesses, opportunities and threats.
- •The Business Plan
- •It is usually the work of entrepreneurs who are, in fact, top managers of their companies to make up business plans.
- •Choose some companies or service organizations that you know well. Then, in each case, discuss:
- •Mission Statement
- •The Benson group is a chain of department stores in the usa. Its chief competitors are Hi-Mark and Levinson Brothers.
- •Instructions
- •Listen to the following conversation and complete the company profile below.
- •Listen адаin and identify the phrases or expressions in the conversation which mean the same as the following:
- •Stocks, Shares and Executives
- •Vocabulary Building
- •Common Collocations
- •Common Collocations
- •Common Collocations
- •Vocabulary Practice
- •Read the sentences and underline the correct term.
- •Look at the list of shares and answer the questions.
- •Use the information in the table above to write sentences about the seven companies listed there. One has been done as an example.
- •Use the terms in the box to complete the paragraph.
- •The diagram shows who controls a public limited company. Use the terms in the box to complete it.
- •Use the terms in the box to complete the paragraph.
- •Which of the following people are likely to be on the board of directors of a company?
- •Match each of the roles (1-4) to the correct definition (a-d).
- •Complete each sentence with correct form of the word in capital letters. In some cases you will have to make a negative form.
- •Make or Do? Complete each sentence with the correct form of ‘make’ or ‘do’.
- •Choose the best alternative to complete the sentence about investment.
- •Trace the difference between the words ‘earnings’, ‘income’ and ‘revenue’. Then, complete the following sentences with these words.
- •Earnings are the sums of money earned by working. The word ‘earnings’ is always in the plural form. ‘Earnings’ is used in the expressions earnings per share and price/earnings ratio.
- •Find a corresponding definition for each phrasal verb and idiomatic expression with ‘put’.
- •Rewrite the following sentences, replacing the words in italics with phrasal verbs or idiomatic expressions from the list above. Make any other necessary changes.
- •Complete the following sentences with phrasal verbs and idiomatic expressions from the list above. Make any other necessary changes.
- •Translate into English using the vocabulary of the unit.
- •The Board of Directors
- •The board of directors Responsibility, Role, and Structure
- •Ownership Structure and Its Impact on the Board of Directors
- •Now check how well you understood the main points of the text above.
- •Incentives or rewards? Work in pairs and try to work out some proposals for the Board o Directors.
- •F inancial statements
- •Listen to the introduction to a chairman's statement to his company's shareholders and answer the questions below.
- •Give a brief presentation on one of the following topics.
- •Corporate Sponsorship
- •Profit and Loss Account
- •Rise and Fall
- •Vocabulary Building
- •Common Collocations
- •Common Collocations
- •Common Collocations
- •Vocabulary Practice
- •Put each of the verbs showing change into the correct place in the table.
- •It's a game of more bubble for your bucks
- •Find words or phrases in the text above with the same meaning as the following:
- •According to the text, are the following true or false?
- •Discuss the following issues in relation to the Coca-Cola article:
- •Fill in the table with the forms of the verbs as well as their definitions that are given below.
- •Complete the following sentences with an appropriate form of the verbs from the table above.
- •Fill in the table with the forms of the verbs as well as their definitions that are given below.
- •Replace the words in italics in the following sentences with phrasal verbs from the box below.
- •Complete the following sentences with the phrases below.
- •Below are some phrases each containing the word spot. Match the phrases with the correct definitions.
- •Complete the following sentences with suitable phrases from the list above.
- •Complete some more sentences with phrasal verbs and expressions with “spot”:
- •Translate sentences from Russian into English using the vocabulary of the unit.
- •Decision-Making
- •So it's time to decide - are you decisive? Answer these questions and try to analyze the results. How Decisive Are You?
- •Now check how well you understood the main points of the text above. Decide whether the following statements are true or false.
- •Try to summarize the text. Use the following points as a guide:
- •Work in groups of two or three.
- •Toshiba sets up microwave factory in plymouth
- •Organizational Culture
- •Vocabulary Building
- •Common Collocations
- •Common Collocations
- •Common Collocations
- •Vocabulary Practice
- •One of the word pairs refers to an organization’s beliefs and values, and the other three word pairs are examples. Which are which?
- •Choose the correct answer:
- •Read the statement and put the three statements below into the right order.
- •Use the words in the box to complete the paragraph.
- •Look at the figures and answer the questions.
- •Read the statement and answer the questions that follow it.
- •Read the paragraph and use a word or phrase from the text to complete the sentences.
- •Read and note the ways to increase productivity of staff. Power to the people
- •According to the text, what is the main way that ‘empowerment’ can be achieved?
- •Write definitions for the following concepts mentioned in the text - use your own words:
- •Summarize the advantages and disadvantages for managers and for employees of empowerment – use information from the text and add any ideas of your own.
- •Trace the difference between the word combinations ‘on time’ and ‘in time’. Then, complete the following sentences with these words.
- •We often use prefixes to modify the meaning of an adjective. Study some of the most common prefixes and their meanings. Then, try to recall some more words with these prefixes.
- •Match a prefix to an adjective in the box below. Then complete the sentences with the newly-formed adjectives.
- •Study the meaning of the verbs in the box below and complete the following sentences using suitable forms.
- •Guess the meaning of the idioms.
- •Complete the following sentences, using suitable verbs, phrases and expressions from the table above.
- •Translate sentences from Russian into English using the vocabulary of the unit.
- •Communications
- •Did you know?
- •Read these facts and discuss the most surprising ones with your partner.
- •Do the quiz about communications, choosing more than one answer where appropriate. Then discuss your answers in groups.
- •Check out what kind of relationship you have with your partner by choosing answer for each of the questions below. Then look at your score. How well are you communicating?
- •Communication is vital for every business as we need to give and get information, maintain relationships, discuss problems, arrange meetings, etc. However, the process of communication is not easy.
- •Communications
- •Now check how well you understood the main points of the text above. Number the following ideas 1-8, depending on the order in which they appear in the text.
- •Discuss the main points of the text “Communications” in groups.
- •Now, try to put the theory about communications you have read above into practice. Read the following conversation and then try to answer the questions below.
- •Imagine, you are in charge of the in-house magazine in your company. What do you do in these situations?
- •Read the following situation and discuss in groups:
- •Instructions
- •Each member of Superservice's management should meet one of the supermarket opponents.
- •Supermarket opponents president - the oldchester preservation society
- •Owners of small businesses (two roles)
- •Member of the public
- •Head teacher - oldchester primary school
- •Local resident
- •Supermarket opponents
- •Listen to the following conversation and complete Gina’s notes about her job offer.
- •Listen again and fill in the gaps in these sentences from the conversation.
- •Leadership Styles
- •Vocabulary Building
- •Common Collocations
- •Common Collocations
- •Common Collocations
- •Vocabulary Practice
- •Put these four terms into the correct place in the table.
- •Choose the correct answer to each question.
- •Tick the three words or phrases that match each style of leadership depicted below.
- •Which book would be useful for each of these people?
- •Read the text about management ability and answer the questions.
- •W ho are (or were) these famous businesspeople? Use collocations from Vocabulary Building to describe them.
- •Read and note skill a manager needs to be a good leader. Packages and premier executive
- •Find words or phrases in the text which have the same meaning as the following.
- •According to the text, are the following statements true or false?
- •Discuss the following issues in relation to the article.
- •Put each of the following suffixes in its correct place in the sentences below.
- •Explain the meanings of the following words and phrases.
- •Put each of the following suffixes in its correct place in the sentences below.
- •Explain the meanings of the following words and phrases.
- •Put each of the following suffixes in its correct place in the sentences below.
- •Explain the meanings of the following phrases.
- •What expressions do you know with the word market? Below is a quick quiz.
- •Below are some adjectives and nouns with the prefix self-. Study them and, if necessary, check their meanings in a dictionary. Then use them to complete the following sentences.
- •Match the following verbs and nouns with the correct definitions.
- •Complete the following passages with words from the list above.
- •Study the meaning of the following idioms. Then, put each of the following colloquial words or phrases in its correct place in the sentences below.
- •Complete the colloquial similes below with the correct items from the following list.
- •Translate sentences from Russian into English using the vocabulary of the unit.
- •Leaders: Born or Made?
- •Work in groups of three or four. Each member of the group should choose a famous leader, either living or dead. Follow the instructions to share and find out something new about leaders.
- •1 Never; 2 Occasionally; 3 Frequently; 4 Always
- •Analysis:
- •Leadership in management is very often associated with certain personal “leadership” qualities a manager should possess.
- •Leadership
- •Now check how well you understood the main points of the text above. Complete the following sentences, using your own words.
- •1 Never; 2 Occasionally; 3 Frequently; 4 Always
- •Analysis:
- •Read the situation about Textafabrik, a clothing manufacturer. Then imagine, you are a member of the company’s top management. Follow the instructions below and try to show your leadership skills.
- •Instructions
- •Now, try to put the theory about leadership you have read above into practice. Read the following case study. Then, working as one group, consider the following questions and discuss them.
- •Final Test Variant 1
- •Choose the alternative that best suits the context.
- •Complete the sentences with appropriate prepositions.
- •Match the words with their translation.
- •IV. Translate from Russian into English.
- •V. Complete the text with the words given in the box.
- •Final Test Variant 2
- •Choose the alternative that best suits the context.
- •Complete the sentences with appropriate prepositions.
- •Match the words with their translation.
- •Translate from Russian into English.
- •V. Complete the text with the words given in the box.
- •Wordlists
- •Module 3
- •Module 4
- •Module 5
- •Module 6
- •Module 7
Module 3
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accurate/inaccurate |
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acquisition |
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advantageous |
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bank loan |
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big fish |
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borrower |
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business plan |
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competent/incompetent |
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consortium |
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corporate strategy |
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credit facilities |
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decision-making |
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down-market approach |
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drawback |
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economic/un(non-)economic |
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economies of scale |
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exclusive rights for smth |
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expansion strategy |
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expertise |
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exploiting |
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external factors |
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fashionable/unfashionable |
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fashion-conscious customer |
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fierce competition |
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finance |
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financial planning |
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global reach |
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growth-rate |
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honest/dishonest |
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hostile takeover |
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in the black |
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in the red |
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increase |
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informal/uninformal |
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informed/misinformed |
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innovation |
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innovative |
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innovator |
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internal factors |
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joint venture |
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legal/illegal |
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legible/illegible |
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loan |
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local partner |
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long-term strategy |
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loyal customer |
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main rival |
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managed/mismanaged |
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management skills |
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market share |
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merchandise |
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merger |
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mind’s eye |
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mission |
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mission statement |
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objective |
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on a shoestring |
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on board |
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opportunities |
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organized/disorganized |
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output |
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overdraft |
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patient/impatient |
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personal loan |
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personnel |
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possible/impossible |
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practical/impractical |
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pre-share price |
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pre-tax profit |
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product range |
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production capacity |
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productivity |
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product-line |
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proposed takeover |
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purpose |
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qualified personnel |
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razzmatazz |
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recoverable/irrecoverable |
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regular/irregular |
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Resources |
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revocable/irrevocable |
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sales revenue |
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sales revenue per employee |
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sales revenue per square meter |
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satisfied/dissatisfied |
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scale |
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segment |
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sense of purpose |
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share price |
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staff turnover and absenteeism |
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start-up capital |
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stock level |
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stores-retailers |
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strategic management |
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strategic plan |
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strategy |
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strengths |
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successful/unsuccessful |
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SWOT analysis |
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takeover |
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takeover battle |
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takeover offer/takeover bid |
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target consumer |
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technology |
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the outlook (for the organization) is bleak |
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threats |
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through thick and thin |
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to be wrong in |
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to acquire |
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to adopt a strategy |
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to apply/to pursue a strategy |
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to be a good buy for investors |
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to be interested in smth |
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to be on prime sites |
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to boom |
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to borrow |
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to break into |
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to carry out |
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to concentrate on smth |
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to congratulate on smth |
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to cut prices |
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to delegate |
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to depend on smth |
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to draw up |
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to extent |
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to face a problem |
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to feel the pinch |
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to gain the trust of smb |
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to get decent service |
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to get off the ground |
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to get round |
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to grab a share of the market |
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to grow |
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to have a me-too approach |
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to have the knack of offering smth |
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to innovate |
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to insist on smth |
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to join forces |
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to lack a clear image |
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to lend |
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to lose market share |
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to maintain good profit margins |
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to make a killing |
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to make a point of smth |
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to make ends meet |
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to merge |
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to muscle in |
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to offer goods at giveaway/high prices |
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to pull out |
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to receive decent service |
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to rent space on a concessionary basis |
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to revive somebody’s fortune |
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to set up |
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to spring up |
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to succeed in |
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to take pleasure in |
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to take the initiative |
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to think over |
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to underestimate |
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to underprice |
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to update |
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to upgrade |
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to work out |
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to work out/to plan a strategy |
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trust |
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underpricing |
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up-and-coming |
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updated |
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upgraded |
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upgrading |
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up-market image |
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venture capital |
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weaknesses |
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well-off (customers) |
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