B Understanding expressions

Date: 2015-10-07; view: 529.

A Word search

Vocabulary tasks

1 Find a word or phrase from the text that has a similar meaning,

a)movement of money into and out of a company's bank accounts (summary)

с.ash……….f.low……

b) passing tasks to an external company (summary)

o...................

c) individuals who are self-employed and work independently (summary)

f...................

d) describes a large company that produces everything it needs internally (para 1)

v................ i...................

e) external companies that provide products or services to an organisation (para 1)

o................... s...................

f) parts of a company that operate independently as separate profitcentres (para 2)

i................... u...................

g) where price and quality are the main factors for doing business (para 3)

o.................. m…................

h) something large companies can achieve by doing things in big volumes (para 4)

e................... of s...................

2 There are many words that can be used instead of ‘company^'. Four other words are used in the text. What are they? Is there any difference in meaning between them?

Choose the best explanation for each phrase from the text

1 'the days of the big corporation are numbered'(line 2)

a) big companies will become less important in the future ۷

b) companies will have to improve their financial controls

2 'control is being passed down the line'(line 6)

a) nobody in the company wants to take decisions

b) some decisions will be taken at lower levels in the company

3 'what underlies this trend?' (line 37)

a) is this trend really true?

b) what are the reasons for this trend?

4 'in essence' (line 40)

a) basically

b) necessarily

5 'organisations shrink'(line 51)

a) they become smaller

b) they disappear completely

6 ‘the economic equation changes'(line 70)

a) things become cheaper because of the Internet

b) there is a move in favour of decentralisation