Exercise: "Glosary test"

Choose the best option to complete the sentences.

1. We increased spending on production and this has reduced our profit margin.
2. Doug Richards is a successful entrenepeur who has started a number of profitablebusinesses.
3. When we had a fire, the insurance company paid the cost of the damage.
4. Our regional sales representative will visit you and shou you our product range.
5. It was a difficult problem, so they had a brainstorming meeting to collect some ideas.
6. This graph shows the increase in oil prices over the last ten years.
7. Venture capitalists lokk for a big return on investment when they provide finance.
8. If you need more informatio, browse the company website.
9. Employees say that they get more job satisfaction when they are able to use their own initiative in their work.
10. To be sure of being polite to people, it is best to follow the rules of etiquette.
11. Banks, financial services and consultancy businesses all belong to the service sector.
12. The new product didn´t sell well and the company lost market share to its competitors.
13. If you tell your insurance company that the value of your loss was higher than it really was, you are making a fraudulent claim.
14. The new technology is good, but the company needs a lot of funding to develop it.
15. Supermarkets and other retailers sell goods directly to people who will use them.
16. The city is attracting lots of new business, which is good for economic growth.
17. We use a system of just-in-time delivery to reduce the cost of keeping large stocks.
18. Staff who stay with the company for longer than ten years receive an extra week´s holiday as a reward for their loyalty.
19. The human resources department has over 100 applications for the new position.
20. The bank is introducing a new surveillance system to increase security.
21. Stefan claimed 5,000 pounds from the insurance company after his car was stolen.
22. The news story generated excellent publicity for our brand.
23. When you have a meeting with new business partners, it is important to be puntual.
24. Some of the items were damaged so the buyer made a complaint.
25. Senior managers are responsible for their subordinates in the organisational hierarchy.
26. I think we should offer a five per cent discount to encourage people to buy more.
27. Innovators are people who have new ideas and think of new ways to do things.
28. We´ve reduced the price by 15 per cent, so the buyer is getting a good deal.
29. Giorgio Armani is famous for creating a luxury brand.
30. We ask customers for tjeir feeback to help us improve.
31. Ferdinand is hoping to go abroad to work in one of his company´s regional offices.
32. On the assembly line, the parts are put together to make the finished product.
33. People on the trainee scheme have no work experience, just a university qualification.
34. We´ll have to promote our products more if we want to sell more!
35. Our staff are important resources which we try to use efficiently.
36. Several companies worked together on a joint venture to launch the new satelite.
37. The team did a brillant job so the company decided to reward each of them with a large bonus
38. John is applying for a better job in a different company.
39. We collect information about our customers and store it on a database.
40. The company is weak, with high inflation and unemployment.
41. The product has a one-year guarantee, so just bring it back if you have any problems with it.
42. Bill Sorter, a finance manager, has responsability for a team of 12 accountants.
43. We sponsor a football club, so our company name is on the players´ shirts.
44. Advertising companies need good creative staff.
45. Before you ask a bank for money, it is important to prepare a good business plan.