IN EACH OF 8 SENTENCES THERE IS ONE MISTAKE.

IDENTIFY
THE MISTAKE AND WRITE THE CORRECT WORD(S) IN THE
SPACE PROVIDED:

1.What is corporate culture? At its most basic, its described as the personality
of an organization, or simply as “how things are done around here.”_______
it’s
2. It guides how employees think, acting, and feel. _________
act

3. Corporate culture is a broad term using to define the unique personality or

character of a particular company or organisation. _____________
used
4. It includes such elements as core values and beliefs, corporate ethic, and
rules of behaviour. ____________
ethics
5. The organisation’s culture will affect on you in many ways, such
as e.g. hours worked per day and per week. __________
on

6. The culture of a company is connected to the characteristics find in

the surrounding society. _____________
found
7. But, it also has some traits, such as a hierarchy system, that is
unique. __________
are

8. It can be negative, neutral, or positive, and although some business

like to portray corporate culture as static, in most cases, it changes
over time. ______________
businesses
MAKE THESE SENTENCES PASSIVE:

1. A new stadium ____________ currently (BUILD) near the

station.
A new stadium is currently being built near the station.

2. Why the new ad agency ____________ (CHOOSE) yet?

Why hasn’t the new ad agency been chosen yet?

 Insert the suitable forms of the words to form a
collocation

If a pesticide producer decided to buy one of its suppliers and

one of its distributors it is called ____________
VERTICAL integration.

BREACHING the contract

The company has been accused of ____________
of sale (= fail to do what is required by a contract; break a
contract).
What are these called?

an assurance that sth is in good position to give a clean bill of

health
merger involving only the exchange of company shares
stock swap
a tariff that varies, depending on the value of the goods
ad valorem tariff
Fill in the blanks:

roof
hit the ________ _______
on the tiles
a _______
foot in the door
 IN EACH OF 8 SENTENCES THERE IS ONE MISTAKE. IDENTIFY THE
MISTAKE AND WRITE THE CORRECT WORD(S) IN THE SPACE PROVIDED:

1. When contemplate FDI, why do firms apparently prefer to acquire

When contemplating FDI, why do firms apparently prefer to acquire

2. existing assets rather than undertaking green-field investments?

existing assets rather than undertake green-field investments?
3. First, mergers and acquisitions are more quicker to execute than
green-field investments.
First, mergers and acquisitions are more quicker to execute than
green-field investments.

4. Many firms apparently believe that if they will not acquire a

desirable target firm, then their rivals will.
Many firms apparently believe that if they do not acquire a
desirable target firm, then their rivals will.
5. Second, foreign firms are acquiring because those firms have
valuable strategic assets,
Second, foreign firms are acquired because those firms have
valuable strategic assets,

6. such as brand loyalty, customer relationships, tradesmarks, and

the like.
such as brand loyalty, customer relationships, trademarks, and the like.

7. It is easier and perhaps less risk for a firm to acquire those assets than
It is easier and perhaps less risky for a firm to acquire those assets than
8. to building them from the ground up through a green-field investment.

to build them from the ground up through a green-field investment.

MAKE THESE SENTENCES PASSIVE:

1. As I drove south, I could see that the old road ____________

(REBUILD).
As I drove south, I could see that the old road was
rebuilt/was being rebuilt.

2. By this time tomorrow the deal ____________ (SIGN).

By this time tomorrow the deal will have been signed.

 Insert the suitable forms of the words to form a
collocation

Mr Smith’s real estate purchase contract WAS VOIDED

_____________
(= state officially that sth is no longer valid).

DIVESTED their non-core

Many conglomerates have ____________
businesses that make the most money for them.
Write down the idiomatic expressions to match the following
definitions:

•to remove, take out from a group those that are not good
enough to weed out

•confused and not certain what to do all at sea

•to deliberately start or create sow the seeds

What are these called:

•the day when a bond has to be repaid ________
maturity day
•the amount of capital making up a loan ________
principal
•two companies that have no common business areas
________________
conglomeration
IN EACH SENTENCE 1-8 THERE IS ONE MISTAKE. UNDERLINE THE
MISTAKE AND WRITE THE CORRECT WORD(S) IN THE SPACE
PROVIDED:

1.Personnel managers and directors have to change their ideas on

how to handle redundancy as their firms are forcing into losing more
and more staff. __________forced

2.In a past UK survey, personnel practitioners were asked whether

they had made changes to the criteria used when selecting people to
be lay off. _________
laid

3.Although no business or industry can have been untouched by

the recession, only eight per cent of the practitioners said that
they had done any changes. ___________
made
4. In the past, offering redundancy with a retirement package is
always the preferred option. _________
was

targeted
5. Now young workers are being targeting. __________

6. More flexible staff is being retained. ________

are

7. However, many large companies are employed fewer and fewer

staff. ______________
employing
8. Most of the jobs currently being creating are in small and medium
sized companies. ____________
created
MAKE THESE SENTENCES PASSIVE:

1. Newspapers in some countries _____________ (SELL) in

kiosks as well as shops.
Newspapers in some countries are sold in kiosks as well as shops.
2. The news already ______________ (ANNOUNCE) by the
time we got there.

The news had already been announced by the time we got

there.
 Insert the suitable forms of the words to form a
collocation

TO DRAFT a contract
I’ll ask our HR Department _____________
(= write the first rough version of a document).

SETTLING
WTO is a place for ______________ trade disputes.
What are these called?

•a tariff with two parts, one that depends on the value of the
goods and one that is a fixed amountcompound tariff
•bonds issued by the British government gilt-edged stocks/gilts

•stocks in a Chinese company that are listed on the Hong Kong

Stock Exchange red-chip stocks

•the total value of all shares on a stock market at a particular time

market capitalization
 RECAP

•Business idioms (the first 6 units)

•Business metaphors (the first 6 units)

•Collocations, word combinations (the first 6 units)

•Definitions of terms (the first 6 units)

•Editing sentences

•Passive