Business

Gap-fill exercise

Fill in all the gaps, then press "Check" to check your answers. Use the "Hint" button to get a free letter if an answer is giving you trouble. You can also click on the "[?]" button to get a clue. Note that you will lose points if you ask for hints or clues!
1. Four words are used to talk about what a company wishes to achieve in the future. These are , , and . The word is used to mean what a company thinks will happen in the future.
2. When prices and salaries continue to increase and the value of money falls, we speak of .
3. The total amount of goods and services sold by a company within a specific time is called its . If the company has had more income than expenses, it has made a . If the reverse is true, then the company has suffered a . Another way of expressing the latter is to say that the company had a of £ x.--.
4. A collective word for 'all the things owned by a company' is . A collective word meaning 'what a company owes' is .
5. Goods brought into a country are called ; goods sent to other countries are called .
6. When a company wishes to find out more about what people think of a particular product, it does . The information the company gathers from such an enquiry makes it easier for marketing departments to establish what (likely number of sales) a certain product has and what (way of promoting a product) the company should adopt.
7. When two companies offer similar services and products to the buyer, they regard each other as .
8. The chain of production and sale generally begins with the producer or , who makes the product from raw materials or components. The producer then sells large quantities of the finished goods to the , who, in turn, sells smaller quantities of the product to (shops). The final link in the chain is the (the person who buys from a shop).
9. A company's symbol, badge or name is called its . is the distinctive name by which a product or group of products is identified.
10. A is a time of very fast general economic growth, when salaries, profits and business opportunities increase. The reverse of such a situation can be expressed in three ways: 1. a (a sharp fall in sales, profits, employment etc.), 2. a (a fall in business activity, causing unemployment), 3. a (a long period of low business activity and widespread unemployment).
11. When two or more companies join to form one company, we speak of a ; when one company buys another out, we talk of a .
12. To start up a business, you need a certain amount of starting (money to start). This amount is then divided up into equal parts known as . The person who owns more than 50% of these parts is called the .
13. Some of the terms used at meetings are (person in charge of the meeting), (list of matters to be discussed at a meeting) and (a record of what was said at a meeting)
14. Another way of saying 'to start a company' is to say 'to a company.
15. A financial plan of what money a company may receive in a certain period and how this money will be spent is called a .
16. The is the place where shares or , and government are bought and sold. A is an agent in the selling of shares to the public for a commission.
17. The highest position one can have in a company is to be the of the company. Following this person is the , and then the directors. The of is the body of directors chosen by the owners to run the company.
18. Another way of saying 'home market' is to say ' market.
19. Two words used to mean 'what one gets in addition to ones salary' (e.g. company car, luncheon vouchers) are and (perquisites).
20. A person who works independently, that is, not only for one company, is called a worker.
21. If a goes bankrupt, the investors lose only what they have invested in the company, not their private possessions.
22. The main office of a company is called its ; its other offices are called its or .
23. When workers in Britain and Germany are dissatisfied with a decision their company has made on a particular issue, they may go (stop working).
24. If a person wishes to leave a company, we say he gives in his notice or . When people are in their sixties and stop work permanently, we say they . The money they receive each month is called the .
25. The person in a company, responsible for dealing with the public is called the person.
26. The information we put into and call up on a computer is known as . Large companies often operate with a computer and a set of (devices linked to a computer).
Computer hardware consists of a (screen and casing), a (the typing unit), a (a machine which records information onto a disk), a disk (a flexible disk for recording or storing data in a form that a computer can read) and a (an apparatus that prints the information onto a sheet of paper).