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e) a person or company who cooperates with a foreign company who wishes to
enter the market;
f) two or more companies join temporarily to carry out a large project;
g) a group of companies in similar businesses working together;
h) important subjects that people discuss;
i) money paid by the government to people in need, for example, the
unemployed;
j) basic facilities and services of a country, for example, water, power, roads;
k) a movement of large sums of money out of a country;
l) the ability of a business to make money;
Task 4. Gap filling.
Fill in the gaps and translate the text.
Trading groups; lost sales; global conference; cancelled orders; factories;
suppliers; fashion business; overseas plants; takeover; major order; costs;
distributor; quality standards; subsidiaries; foreign markets.
This week, the international fashion group Fortune Garments is holding its
first (…) in Barcelona, Spain. Fortune garments, one of Hong Kong’s oldest
(…), makes high quality clothing. It has become a global company: it has over
3000 (…) in 17 countries, and employs staff from all over the world in its head
office and (…). It is expanding rapidly in (…) with sales of over $US 1.8bn.
Fast delivery, innovative design, and reliable quality are essential for
success in the (…). Fortune Garments’ Chairman, Michael Chau, is proud that
his company can usually accept a (…) and deliver the goods to a customer
within four weeks. However, globalization has brought problems in the
company’s (…), and this is having a bad effect on its share price. A journalist
from the Eastern Economist Review suggested recently that the company could
become a target of a (…) if it didn’t sort out its problems soon.
5 e) a person or company who cooperates with a foreign company who wishes to enter the market; f) two or more companies join temporarily to carry out a large project; g) a group of companies in similar businesses working together; h) important subjects that people discuss; i) money paid by the government to people in need, for example, the unemployed; j) basic facilities and services of a country, for example, water, power, roads; k) a movement of large sums of money out of a country; l) the ability of a business to make money; Task 4. Gap filling. Fill in the gaps and translate the text. Trading groups; lost sales; global conference; cancelled orders; factories; suppliers; fashion business; overseas plants; takeover; major order; costs; distributor; quality standards; subsidiaries; foreign markets. This week, the international fashion group Fortune Garments is holding its first ( ) in Barcelona, Spain. Fortune garments, one of Hong Kongs oldest ( ), makes high quality clothing. It has become a global company: it has over 3000 ( ) in 17 countries, and employs staff from all over the world in its head office and ( ). It is expanding rapidly in ( ) with sales of over $US 1.8bn. Fast delivery, innovative design, and reliable quality are essential for success in the ( ). Fortune Garments Chairman, Michael Chau, is proud that his company can usually accept a ( ) and deliver the goods to a customer within four weeks. However, globalization has brought problems in the companys ( ), and this is having a bad effect on its share price. A journalist from the Eastern Economist Review suggested recently that the company could become a target of a ( ) if it didnt sort out its problems soon.
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