Fill in the gaps with the words/word combinations instead of their definitions given in brackets

Date: 2015-10-07; view: 444.

1. While focusing on strengths and _______(changing attention) to services, GE under Welch embraced globalization.

2. The corporate winners would only be those who are the “leanest”, the “lowest-cost

worldwide producers of quality goods and services or those who have a clear technological

_______something that gives you an advantage), a clear advantage in a market niche.

3. He _______(take control of something) a company in 1981 that had 350 different businesses in its _______(the combination of shares or other investments that a particular person or company has) clustered in 43 Strategic Business Units.

4. He drew three circles representing services, high technology and _______the main business or activities of a company or organization), and placed the names of 15 businesses inside the circles.

5. Those businesses that did not perform or could not be improved to meet the goal would be _______(sell something, especially a business or a part of a business).

6. He pledged to continue to operate or to acquire (obtain something by buying it)only those businesses that would be number one or number two in their market.

7. He continued: “If you have a game that's _______(something/somebody can be easily

harmed, hurt, attacked or criticized), somebody can move fast, get you.

8. Operating in more than 100 countries, the company has about 45 percent of its 293,000

employees outside the United States and earns approximately the same share of _______(money

that a business or organization receives over a period of time, especially from selling goods or

services ) outside the country.