1-30 Flashcards
I work for a … , a multinational, a … (US).
small business / large corporation
My customers are …
in the packaging industry
The is … higher in the …
pay / public sector
The … are the companies responsible for the public supply of water, electricity,
gas…
utilities
If Company A owns more than half the shares in Company B, it has a … in B.
majority stake
If Company A tries to gain control of Company B it launches a …
takeover bid
When two companies combine, usually voluntarily, they … in a merger
merge
A group containing many types of business is …. Its basic activity is its
…
diversified / core business
Today many manufacturing companies … or … to cut their salary
costs!
delocalise / relocate
An … is a manager at quite a high level.
executive
The … are … of the company. They are …
senior executive / are at the head / on the board of directors
The managing director is responsible for the …
day to day running of the company
A manager who has to leave a company receives a (compensation) …
pay-off
In a manufacturing company, the … is made up of 70% … and 30% …
workforce / blue-collar workers / white-collar workers
Another traditional division is that between … and ….
management / labour
… people …, … them or …. them is the opposite process
Laying - off / firing / dismissing
… is when a company helps people it is … find new
jobs.
Outplacement / making redundant
To … a company means to reduce the number of people it employs.
downsize
The … protect the rights of the workers when the management
introduces …
trade-union / cost-cutting measures
An inventor must protect his invention by… it. (faire breveter)
patenting
The … of a factory refers to the type or quantity of goods it produces.
output
Companies providing … and … or … to a manufacturer
are its …
raw materials / components / parts / suppliers
To … or … means to use … or … to
do manufacturing (or provide services) that was (were) previously done in-house.
outsource / sub-contract / outsourcers / subcontractors
… buy products, whereas … pay for …
customers / clients / services
… … by offering …
competitors compete with each others / competitive prices
In a … , … is essential.
market economy / competition
The … is the company with the biggest …
market leader / market share
Every year, new products are …..
introduced or launched onto the market
If a defect is found in a product, it may be…
recalled
If they don’t …, products may be … from the market.
sell well / withdrawn
A … of a product is a version of it made by one particular manufacturer.
brand
A … is a specific area of a market which has its own customers and
requirements.
niche
Products are … through … before reaching the … and
finally the …
distributed / wholesalers / retailers / end-users
