Unit 1
Reading I
Pre-reading: key for reference
Persons or organizations in business
Places where business activities are being conducted
Other terms frequently used in business operation
company
market
sell
salesman
department store
goods
businessman
supermarket
buy
joint-venture
stock exchange
order
manager
hotel
profit
enterprise
restaurant
invoice
merchant
bank
customer
2.
4) These points are often thought to be key to business success:
good management
adequate planning
sufficient financial resources
healthy cash flow
controlled spending and the ability to collect money owing
effective marketing
a good product and service
Exercises
the best answer to complete the following sentences.
2. Complete the following statements with the words or expressions you have learned in this text.
1. business/ services 2. Land 3. Labor / goods 6. loss / debts 8. Innovative
9. initiates / business
3. Give the English words or phrases for the meaning provided.
distribute to separate (sth) into parts and give a share to each
person
accomplish to succeed in doing
manufacture to make goods on a large scale
conduct to do; to carry on (business)
bankrupt not having enough money to pay debts
secure to make sure of getting (sth)
purchase to buy and sell (goods)
capital money used in business
finance to work in the business of providing money
profit financial gain
initiate to put into operation
share the part belong to or owed to a particular person
data information collected for examination and consideration
extract to take or get (sth) out
process to perform operation on (sth) in computer
4. Put the following expressions from the text in the blanks to complete the sentences. Make changes where necessary.
1. look for 2. up to 3. pay for
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