4th Session (Business English)

1- An innovation = The introduction of a new idea

2- A patent = The right to make or sell an invention
3- Diversification= Making different types of products
4- a rang = a selection or series
5- Headquarters = Main Offices
6- A location = a place or address
7- A strategy = A planned series of action
8- An agreed course of action

1- Apply To Somebody for something

2- Benefit From something
3- Approve of something / somebody
4- Result in something
5- Believe in something
6- Refer to something
7- Succeed in something
8- Belong to somebody
9- Depend on something
10- Report to somebody on time

1- In the purchasing department there is a manager and five employees who refer to
her
2- In this company, we firmly Believe in the value of innovation
3- The development t of computer technology has resulted in enormous changes in the
way that people work .
4- Whether or not we succeed creating and selling new products depends on a number
of factors
5- Most of our staff belong to At least one of the company’s sports or leisure clubs
6- The personnel manager thinks that we would all benefit from futher training in how
to use the office software
 1- If our competitor goes bankrupts, we will increase our market share.
2- Unless they offer Us a unit price of 3,50£, we’ll not accept.
3- If I had 10 million$, I would invest in the telecommunications industry.
4- If you had given us a 5 percent discount, we would have make an order of 500 units.
5- Had we waited to see how the market reacts,it would have be too late.

Spot one error in each on!

- Companies operate in society, according on to the laws of the country, and are
regulated by the economic policy, foreign trade policy and tax laws of the country.
The major function of companies is to produce a profit for the shareholders owning
the company

- Companies can be classified as large, medium-sized or small. Size can be

determined in terms of number of personnel or turnover, for instance. A large
company is one that employs more than 250 employees. A medium-sized company
employs 50-250 and small companies less than 50. Small and medium-sized
companies have an annual turnover of less as Than 7 7 million euros

- A company can operate in a variety of ways. Some companies manufacture

products or assemble products from supplier’s components. There are others that
specialize in servicing ……………… as agents or distributors for another other
companies …….

- A firm operates in a network …………………..in the home country or perhaps close

for to the market…………………….

- A small company is often first a private limited …………………….and later in is a

limited liability……….

Keywords :

-Mergers: t7alof, a take over

-Headquarters: enterprise mere
- Spin off : one company give different things , ex: Siera ( Tv, Tlaja … )
-
 Restructuring of companies

- As companies grow and do their best to survive competition, restructuring is an

ongoing process. This can be seen in the fast speed at which ………………………
…… it’s core business and do away on with sideline operations ……………

- The historical development of the company always interests visitors : …………

…………………. Aquisition Acquisition
- As a the result of automation and ………