CEO Chief Executive Officer

CIO Chief Information Officer

PA Personal Assistant
HRM Human Resources Manager
Director R&D of research & development

divison of labour
to take responsability for
take initiative
business environment
team approach

Nestle, whose head office is in Vevey on the shores of lake Geneva, is the worlds largest
food company. Althought it is Switzerlands biggest industrial enterprise, only 2% of
sales are generated in Switzerland. We are truly global company employing 230,929
people on every continent. Consequently, our management and staff reflect a truly
international outlook.
GEOGRAPHY: We are based in/ located in/ situated in..
EMPLOYEES: We employ people/ there are a people on the payroll..
ACTIVITY: Our firm specialises in/ produces/ manufactures/ supplies..
TYPE: A join venture.. A subsidiary.. A holding company..
POSITION: Is the leading company in its field
Ranks number one in the market for..
Is a major player/ operates in many different markets
Is a group ranking among the worlds top 20..
Recently established
With a long tradition of success
FINANCIAL INFOR: Achieving annual turnover of $
Accounts for % of sales
Generates profits of..
5.03 five point oh three
0.02 nought point oh two
670-138 six seven oh one three eight
701. seven oh one
1905. nineteen oh five
multiplication-mnozenje
0 zero
division-deljenje
-50C five degrees below zero
percentage-procenti
5-0 (football) five nil
average-prosek
15-0 (tennis) fifteen love
ratio-odnos,proporcija
10.001 ten point oh oh one
addition-sabiranje
10,001 ten thousand one
rate-brzina,cena,tarifa
1,999 one thousand nine hundred ninety nine
subtraction-oduzimanje
12.50 twelve pounds fifty
250,000 two hundred fifty thousand pound
0.5% - a half of one per cent
0.25% - a quarter of a percentage point
0.75% - three quarters of a percentage point
0.00234% - zero point oh oh two three four per cent
102 ten squared
103 ten cubed
6 the square root of 6
30x25=750 thirty times twenty five is seven hundred fifty
30/25=1.20 thirty divided by twenty five is one point two
x2+y3=z x squared plus y cubed is zed

ACCOUNT-ACCOUNTENT
ANALYSE-ANALYST- ANALYSIS
APPROVE-APPROVAL
BANKRUPT-BANKRUPTCY
COMPETE-COMPETITION-COMPETITOR-COMPETITIVE
CONFIDENT-CONDFIDENCE
DECISIVE-INDECISIVE
DEPEND-DEPENDENT
DISPOSE-DISPOSABLE
ECONOMY-ECONOMICS-ECONOMICAL-ECONOMIZE
EFFECT-AFFECTED
EMPLOY-EMPLOYER-EMPLOYEE-EMPLOYEMENT-UNEMPLOYEMENT
ENVIRONMENT-ENVIROMENTALISTS
EXPANSION-EXPAND
EXPECT-UNEXPECTEDLY
EXPLAIN-EXPLAINATION
HALF-HALVED
INTERESTED-UNINTERESTED-INTEREST
MAJOR-MAJORITY
OBSOLETE-OBSOLESCENCE
ORGANISATION-ORGANISED-ORGANISER-DISORGANISED
PARLIAMENT-PARLIAMENTARY
PRIVATE-PRIVATISATION
PRODUCT-UNPRODUCTIVE
RECRUIT-RECRUITMENT
RESIGN-RESIGNATION
RESPONSIBLE-IRRESPONSIBLE
RETAIN-RETANTION
RETIRE-RETIREMENT-RETIRED
STRONG-STRENGTHENED
SUFFICIENT-INSUFFICIENT
SUPERVISE-SUPERVISION
SUSPEND-SUSPENSION
TRANSPARENCY-TRANSPARENT
WEAK-WEAKENED
WIDE-WIDENED
WITHDRAW-WITHDRAWAL
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Articles or goods are also called COMMODITIES.

BUILT IN OBSOLESCENCE is an annoying thing, especially if your phone..
During a recession it is not uncommon for companies to face BANKRUPTCY.
Growth, maturity decline are the phrases of the PRODUCT LIFE CYCLE.
In spoken English administration is sometimes abbreviated as ADMIN.
TARGET marketing is when the sellers focuses on one particular segment of mar
When the manage of a comp buy all its shares it is called a MANAG BUYOUT.

PRESENT SIMPLE - I go to school. / Our mail is(are) + delivered every day.

PRESENT CONTINUOUS I am + going to school. / Computer is + being + broken.
PRESENT PERFECT I have(has) + finished homew. / Car have + been + broken.
PAST SIMPLE I lived in Belgrade. / Hamlet was(were) + written by Shakspeare.
PAST CONTINUOUS I was + studying. / My car was + being + repaired.
PAST PERFECT I had + done my homework. / Car had + been + repaired.
FUTURE SIMPLE I will + go home. /

A business project or activity that involves taking risk - VENTURE

A business which sells goods to the consumer RETAILER
A company that is at least half owned by another company - SUBSIDIARY
A company, that issues shares to the public. A Public Limited Company must have the letters
plc after its name PLC

A company that may be bought or that is being bought - TAKEOVER TARGET

A market where company shares are traded - STOCK EXCHANGE
A mistake in the way a law, has been written, which.to leagally avoid doing sth - LOOPHOLE
A name that has become very well known - HOUSEHOLD NAME
A path through which goods & services flow in one.. DISTRIBUTION CHANNEL
A period in which woman is legally allowed to be absent from work in the weeks before and
after she gives birth - MATERNITY LEAVE
A period of time when an economy is doing badly RECESSION
A person or organization that employs people - EMPLOYER
A place where taxes are low and where people choose to live or officially register their
companies - TAX HAVEN
A reduction in the usual price - DISCOUNT
A secret plan made by two or more people to do something illegal CONSPIRACY
A special advantage or reduction in taxes that the government gives to particular people or
organizations - TAX BREAK
A sudden fall in the price, value or number of something - SLUMP
A sum of money saved, provided for a particular purpose FUND
A system giving the prices of shares in smaller and newer companies that are traded over the
counter - NASDAQ (National Association of Securities Dealers)
A type of company, usually small, that does not issue shares to the public. The companys name
is usually followed by LTD which means limited PRIVATE LIMITED COMPANY
A quality of a good or services that differentiates it from the competing brands - USP
abbreviation for unique selling point
Aiming products at particular groups - NICHE MARKETING
An act of taking control of a company by bying most of its shares - TAKEOVER
An amount of money paid to someone according to the value of goods that they have sold
(provizija) COMMISION
An amount paid by a borrower to a lender - INTEREST
An amount of the profits that a company pays to people who own shares in the company DIVIDEND
An informal word for advertisement AD, ADVERT
An offer by a person, business company to pay a money - TAKEOVER BID
Bringing the best possible advantages in relations to costs - COST-EFFECTIVE
Designed not to last long, so that people will have to buy a new one - BUILT-IN
OBSOLESCENCE
Expensive goods bought for comfort and pleasure - LUXURY GOODS
Firm registred outside the country where it has its main offices and operations, usually for
legal of tax reason - OFFSHORE COMPANY
First offering of a firms shares on the stockmarket - IPO (Initial Public Offering)
Happening once every year ANNUAL
If a bank account is in the black, it contains some money, and if a person or company is in the
black, they have money in the bank and arent in debt - IN THE BLACK
Illegal ways of paying less tax - TAX EVASION
Indirect tax on the domestic consumption of goods and services, except those that are zerorated or are otherwise exempt - VAT (Value Added Tax)
Individual, group, or organization that holds one or more shares in a firm, and in whose name
the share certificate is issued - SHAREHOLDER
Involving goods and services that are cheap and not good quality DOWNMARKET
Job, profession OCCUPATION
Large in amount, value or importance - SUBSTANTIAL
Leave a job because you have reached the end of your working life - RETIRE
Leave a job before the usual age - EARLY RETIREMENT
Legal ways of paying less tax - TAX AVOIDANCE
Less important having less power than somebody else - SUBORDINATE

 Low cost airline - BUDGET AIRLINE

Money given as part of the cost of sth, to help or encourage it to happen - SUBSIDY
Money invested in a new company to help develop it, which may involve a lot of risk VENTURE CAPITAL
Not having enough money to pay your debts BANKRUPT
One of the equal parts into which the ownership of a company is divided and which can be
bought by members of the public - SHARE
Out of date - OBSOLETE
Ownership of 51% or more of the voting stock that gives the owner legal control of a firm CONTROLLING INTEREST
PLC Product life circle
Put new products on sale LUNCH
Reducing cost - COST-CUTTING
Shifting a business function from one country to another to reduce the cost of business
OFFSHORING
Someone who buys and sells goods in large amounts to shops and business WHOLESALER
Someone who is paid to work for someone else - EMPLOYEE
Something that you have bought - PURCHASE
Something that you plan to achieve in future, goal AIM
Time away from work because of illness - SICK LEAVE
Time that a parent is allowed to spend away from work to look after their baby PARENTAL
LEAVE
To buy (formal) - PURCHASE
To continue to have, to keep a road, machine in good condition - MAINTAIN
To examine in order to understand - ANALYSE(br), ANALYZE(am)
To find new people to work for an organization - RECRUIT
To force somebody to accept something, to introduce IMPOSE
To happen in a particular way - GO OFF
To have someone work or do a job for you and pay them for it EMPLOY
To increase quickly to a high level - SOAR
To keep or continue to have something - RETAIN
To make an agreement officially valid RATIFY
To make somebody leave a job for a short time SUSPEND
To make yourself responsible for something and start doing it - UNDERTAKE
To obtain something that you need or want GAIN
To officially charge somebody with a crime PROSECUTE
To officially tell your employer that you want to stop working for them RESIGN
To owe more money than you have - IN THE RED
To postpone - PUT OFF
To produce goods in large numbers, usually in a factory using machines MANUFACTURE
To supply or produce sth positive such as a profit, an amount of food or information - YIELD
To treat somebody in a cruel and unfair way, because of beliefs, religion - PERSECUTE
To try to be more successful than someone than someone or sth else COMPETE
The money paid for a months work - SALARY
The money that a person receives for the work they do in a some time EARNINGS
The number of people who are available for work - LABOUR MARKET
The percentage rate used for calculating interest over a particular period of time - INTEREST
RATE
The process of selling shares in a company to the public for the first time in order to raise
money FLOTATION
The right not to have to pay tax on part of the sum of money - TAX RELIEF
The system of basic rules and principles that a democratic country is governmed by
CONSTITUTION

The system of collecting taxes TAXATION

When one company buys another one or a part of another one ACQUISITION
When someone loses their job in a company because is no needed - REDUNDANCY
When some. stops employing some. because there is no money to pay them - LAY-OFF
Work done for a company by people..than companys full time employees - OUTSOURCING