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11

TABLE II: Sales forecast for the UK, (assuming a market share of 18%).

 

Year

Sales ($US)

Annual Increase

Market Share

Projected

5

1 174 563

14%

18%

 

6

1 362 493

16%

18%

 

7

1 580 491

16%

18%

TABLE III: Sales forecast including expansion to continental Europe, (assuming the market shares shown).

 

Year

Sales ($US)

Annual Increase

Market

Share

(Europe)

 

 

 

 

UK

Other

Total

Projected

5

1 726 808

68%

18%

3%

7%

 

6

2 448 575

42%

18%

5%

8%

 

7

4 143 643

69%

18%

10%

12%

Θ Now listen to the recording which gives a summary of the extract.

Exercise 4. Complete Thomas Willhite’s notes on Annique Demeyer’s report. Use the words given.

 

maintain

system growth

research

risen

competitors

report

 

 

 

 

 

 

 

 

 

 

market

patterns

share

 

 

 

 

 

 

 

 

 

 

The report

makes the following points:

 

 

 

 

 

 

 

 

Demeyer Associes, a market

research organization, has prepared an independent

 

................

(a) for us. Touchline’s sales are

good in the

UK .............

(b). Each

 

European country has a separate distribution ..................

(c) and different purchasing

 

..................

(d). As a result of TV coverage, Europe is a .................

(e) market for

 

American sporting equipment. In four years, sales of our products have ..................

(

 

f) dramatically in the UK. This is because our US .................

(g) are not interested in

 

the market yet. When US producers show a real interest in Europe, Touchline Trading

 

may not be able to ..................

(h) its market ...................

(i) in the UK.

 

 

 

 

 

 

 

 

 

 

12

Exercise 5. After reading the report, Thomas Willhite rings Annique Demeyer. Listen to the recorded conversation and complete the table below.

TABLE IV: Total European sales: all manufacturers

 

Year

Sales ($US)

 

1

13 176 000

 

2

15 450 ---

 

3

18 0 -- 937

Current

4

21 -25 446

What tendency do total European sales have?

Revision of the file

Exercise 6. Explain the meaning of the following words.

Export–oriented company, distributor, subsidiary, headquarters, a multinational corporation, to compete, to run a company, total sales.

Exercise 7. Use the words below to complete the sentences. Mind your grammar is correct.

multinational corporations

headquarters

distributors

to invest

to compete

to compete

revenue

range

subsidiaries

to run

corporation

 

 

 

 

 

 

1.The company moved its ___________ to Houston.

2.The Singapore government is interested in ___________ abroad.

3.The company has an annual ________ of about $8 million.

4.The government took measures to enable Irish industries _________ effectively in Europe.

5.A parent company in the UK will be legally responsible for the debts of its ______.

6.Mesa has completed its conversion from a partnership to a ____________.

7.She _________ a mail0order business for ten years.

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