34. New markets: prepositions

Fill in the missing prepositions in the sentences below. Choose from the box.

on

for

in

to

of

1.	The directors are interested in the prospects of future developments in South America.
2.	At the meeting they will decide __________ financial targets for the next six months.
3.	We look forward __________ receiving a detailed plan of the project.
4.	The director gave a brief account __________ the company’s recent performance.
5.	Future dividends will depend _________ the success of the new product.
6.	The director stressed the importance __________ effective control on spending.
7.	The marketing strategy is to concentrate __________ developing markets in Europe.
8.	There is a need __ a full risk assessment before going into these markets.
9.	We must be aware __________ the attitude towards foreign investors.
10.	There may be difficulties __________ enforcing contracts.
11.	For the site construction we will rely __________ local contractors.
12.	We have already reached agreement __________ local short-term credit.
13.	It is necessary __________ everyone involved in the project to show respect __________ local customs.
14.	We are proud __________ recent successes in these markets.
15.	The sale of the building has been agreed subject __________ contract.
16.	We are all involved ________ finding solutions to the current problems.

Certain nouns, verbs and adjectives combine with specific prepositions. It is important to learn the preposition together with the word. For example, to have an effect on, to decide on, to be interested in.

35. Budgeting

Fill in the missing words in the sentences below by making combinations with the word budget. In some expressions budget appears as the second word. Choose from the following.

appropriation	cash		committee		current		fixed		functional
master		officer		period		principal		selling

1. Next year’s budget is being prepared by the budget committee over the next few weeks.

2. They haven’t taken variable output levels into account and have set a __________ __________ of £800,000 for raw materials.

3. The sales manager has to give his budget estimate to the __________ __________ by tomorrow morning so that he can check it before the meeting next week.

4. For most companies the __________ __________ is a year but due to the rapidly changing nature of the fashion industry they prepare their budget every four months.

5. There is a limit to the amount of money which may be spent on research and development, so an __________ __________ has been prepared.

6. In order to have an effective management control system, we prepare a __________ __________ for a short period of time.

7. The market demand is for 900,000 units, but the existing plant, which is only capable of producing 500,000 units, is the __________ __________ factor.

8. The marketing department is divided into ten territories, each with its own __________ __________ .

9. Sales reps’ salaries, rent for sales offices, advertising and publicity are some of the items included in the __________ __________ .

10. In order to make sure that there will be enough cash available to meet demands and provide additional finance if required, a __________ __________ must be prepared.

11. The budget profit and loss account is incorporated in the final __________ __________ once the board of directors has agreed it.