Test your Business Grammar and Vocabulary. Новосельцева Н.Н - 37 стр.

UptoLike

ВУЗ: 

УлГТУ | Ульяновск

Составители: 

Рубрика: 

3 Of 8 million unemployed adults, 5
million lack the bask skills to be re-
4 Smith Software is having to
5 The technology division will also
become a separate business and is re-
6 The European Union is trying to de-
7 The products were redesigned and re-
c centralize management and improve
customer services.
d locating from Washington DC to
Chicago.
e trained for hi-tech
f size, and will cut programming and
sales jobs worldwide by about
g regulate the European airline market,
but a lot of uncompetitive airlines remain.
5. MONEY
Financial terms
Complete the description with the expressions from the box.
recession
share price
debt stock market
investment
forecast
bankruptcy
dividend
revenues
It has been a disappointing year for
and our
for the next six months is that
things will get even worse. In the UK, Smithson made a loss of £50 million on
of
billion and because of a continuing in the Asian economy and slow economic
growth in Europe, profits from abroad, where Smithson has most of its activities, have also
continued to fall.
Reflecting this performance, which was much worse than expected, the
fell
30 percent to
p on the London
yesterday. Of course, there is no question
of a
this year, and shareholders are becoming increasingly angry. Smithson plans
to reduce its plant and equipment over the coming two years as part of its effort to
return to profitability. In any case, Smithson would be unable to borrow more in order to
invest: the company has increased its by 90 percent over last three years, and may
soon be unable to make repayments - the lenders are becoming very nervous. If things go
on as they are, there is a
Smithson will face
before long.
Trends
Complete the graph using the following information.
Ten years ago, Smithson made a profit of £10 million. Its products were in great
demand and, over the next three years, its profits rose to £35 million. Profits then
levelled off for two years, remaining at the same level. There was a slight drop in the
following year to £33 million, before profits started rocketing again. They tripled to
reach £100 million two years ago. It was then that
troubles started. Profits
plummeted to only £7 million last year, and this year Smithson made its first ever loss,
of £50 million.
39

Страницы