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Understanding the Black Economy

The document provides vocabulary exercises focusing on topics related to business, marketing, and planning. It includes matching words to form sentences, choosing the correct time clause, identifying word partnerships, completing phone conversations, and ordering tips for international conference calls. The exercises help to improve essential business English skills.
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0% found this document useful (0 votes)
641 views5 pages

Understanding the Black Economy

The document provides vocabulary exercises focusing on topics related to business, marketing, and planning. It includes matching words to form sentences, choosing the correct time clause, identifying word partnerships, completing phone conversations, and ordering tips for international conference calls. The exercises help to improve essential business English skills.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
  • Unit 7 New business
  • Unit 8 Marketing
  • Unit 9 Planning

Unit 7 New business

Vocabulary

Complete the sentences below with the words in the box.

balance domestic exchange foreign government


inflation interest labour tax unemployment

1 China's gross____________________ product is about $5 trillion.

2 The ____________________ rate has decreased because people have gone back to work as the
economy recovers.

3 Companies are worried about paying pensions as the __________________ force grows older.

4 The government has offered ________________________ incentives to new companies in hopes


of boosting the economy.

5 Business people say that _______________________ bureaucracy makes starting a new business
difficult.

6 It's common for companies to spend money overseas, but some people think that too much
______________________ investment in their country is a bad idea.

7 Exports have increased recently, which makes the _____________________of trade much
healthier.

8 Borrowers are enjoying the low _______________________ rate, but savers hope it increases
soon.

9 Travellers from Britain to the Eurozone are enjoying a good ________________ rate this year.

10 The ___________________________ rate has dropped to 1%, thanks to the government's


monetary policy.

TIME CLAUSES

Choose the best word or phrase to complete each sentence.

1 As soon as / Until the contract was signed, everyone cheered.

2 Can you please come to my office when / after the meeting?

3 Larissa said she'd phone as soon as / while she arrives in London.


4 Martin checked the projector carefully when / before he started his presentation, then began
right on time.

5 Olga can't sign the contract until / while she gets Andre's approval.

6 Pierre learned to speak some Japanese as soon as / while he was working in Tokyo.

7 Until / After the delivery is confirmed, we won't release the payment.

8 We have to improve the sales forecasts before / after we can approve the project.

9 We went out when / after the meeting to celebrate the merger we'd agreed.

10 When / While I first started out as a manager, I made a lot of mistakes.

1 1 Yusuf got to know Peter when / as soon as they worked together for three years in Saudi
Arabia.

12 Zeynep was able to write the report until / while he was waiting for his plane.

Unit 8 Marketing

VOCABULARY

Cross out the word in each group that does not form a word partnership with the word in bold.

1 advertising share / campaign / budget / agency

2 consumer behaviour / profile / launch / goods

3 market goods / research / share / segment

4 product launch / lifecycle / range / segment

5 sales forecast / range / figures / target

QUESTIONS

Put these words in the correct order to make questions.

1 market / the / research / Is / complete /?

2 it / do / want / to / When / you / do /?

3 at / to / website / Do / the / you / new / have / look / time /?

4 survey / Did / read / you / the /?

5 figures / the / Have / sales / seen / you /?

6 model / How / we / should / describe / new / the /?


Match each question from Exercise above (1-6) to one of these answers (a-f).

a) Yes, I did. The results were interesting. _______

b) Yes, it is. We finished last week. ____________

c) No, I haven't. Is there any good news? ___________

d) Next Monday. ________

e) I don't know, but let's not say it's new and improved. _________

f) Yes, I do. I really want to see it. _______

SKILLS

Complete the phone conversation below with the phrases in the box.

Could you give me Did they say when I didn't catch I should I'll e-mail you to
Sorry, did you say Thanks very much What about

A: How was your meeting with H&G go?

B: Really well. They've placed an order totalling £50,000 over the next year.

A: __________________ (1) £15,000?

B: No, £50,000!

A: That's great! _______________ (2) a few details?

B: Sure. Basically, they want to buy up everything in the old range.

A: ______________ (3) the new range?

B: After they sell the old range through, they'll start buying the new one.

A: Which part numbers?

B: They really like AC5959 and AC4536.

A: Sorry, _____________ (4) that.

B: I said, they really like AC5959 and AC4536.

A: ________________ (5) they’d like the first delivery?

B: Next week! _____________ (6) confirm.

A: ________________ (7) for the great news.

B: My pleasure. ________________ (8) go now. Let's speak again soon.


Unit 9 Planning

VOCABULARY

Complete the e-mail below with the verbs in the box in the correct tense.

arrange consider do estimate forecast


implement keep meet prepare write

To: Tomas@[Link]
From: Jamal@[Link]
Cc: Leanna@[Link]
Subject: project update

Hi Tomas,
Here's a brief project update. We've _____________ (1) a meeting with the design team
for next Monday. Before that meeting, Leanna is going to ________________ (2) a schedule
to show how we can _____________ (3) the December 1 delivery deadline. We've already
spent about €15,000, so I'm sure we aren't going to ________________ (4) within the budget.
After the Monday meeting, we can _____________ (5) the options for Plan B, because
obviously Plan A has already failed. If we _________________ (6) more research, we may be
able to ___________________ (7) higher sales and increase the budget. Also, when we
___________________ (8) costs last year, we were expecting to manufacture here in Europe;
however, we've found a factory in China that can do it cheaper, so we'll save some money
there.
After the meeting next week, I'll _______________ (9) a formal report which will explain how
we can __________________. . . . . . . . (10) Plan B.

All the best,

Jamal

SKI LLS

1 If you'll just a) comment on that?

2 Just a b) to finish if I may.

3 I'd like c) let me finish

4 Could I say d) saying is that ...

5 Could I just e) do you mean by ...?

6 Hold on f) moment, please


7 Sorry to g) saying ....7

8 How do you h) mean exactly?

9 What exactly i) interrupt, but ...

10 Are you j) a minute.

1 1 So what you're k) a minute.

Put the words in order to make tips for international conference calls.

1 time / on / Be / for / call / the /.

2 are / sure / in / place / Make I quiet I you I a /.

3 possible / If /, / call I use / the / a / for / headset /.

4 when / Use / you / the / are / 'mute' / not / button / speaking /.

5 conference call / Avoid / eating, drinking or / chewing gum / while / a / on /.

6 to / the / 'mute' button / use / If / you / to / really need / have a drink, / remember /.

7 advance / in / Prepare / the / for / call /. / you / what / Plan / to / need / say / may /.

8 may / you / need / hand / Have / to / any / documents / close /.

9 call leader / carefully / Listen / and / to be / by / invited to comment / the / wait /.

10 speak / you / When speaking, / each time / it / are / can be helpful / to / say / you / who /.

1 1 stay / topic / When / on / speak, / you /.

12 long/ Make / speeches / short / rather / contributions / than /.

13 not / Try / interrupt / to / speaking / when / people / are / they /.

14 as typing will / be / for / noisy / the other participants / Avoid / taking notes / on a
computer / , / .

Common questions

Powered by AI

A healthy balance of trade is typically achieved when exports are high and competitive, which can be influenced by factors like favorable exchange rates, efficient production methods, and strong demand for exports in international markets .

Government monetary policy can lower inflation rates through measures like adjusting interest rates and controlling the money supply to stabilize the economy, as demonstrated by the drop to 1% inflation .

Low interest rates benefit borrowers by reducing the cost of loans, stimulating borrowing and spending. However, they disadvantage savers who earn less on their deposits, pushing them to seek higher returns in potentially riskier investments .

Businesses can balance domestic and international investments by strategically allocating resources to tap into growth opportunities, mitigating risks via diversification, and leveraging competitive advantages in both markets to sustain long-term economic growth .

Excessive foreign investment can lead to a loss of control over local businesses, potential exploitation of resources, and economic dependency on foreign entities which may not prioritize the host country's interests .

A formal report is important for documenting decisions, providing a reference for future actions, and communicating the plan to stakeholders. It should include updates on progress, decisions made, challenges faced, and next steps .

As the labor force ages, companies become increasingly concerned about the financial sustainability of pension plans, as a larger proportion of employees approach retirement age and begin drawing on these benefits .

Effective time management and scheduling allow teams to allocate adequate resources and time to critical tasks, anticipate potential delays, and adjust workflows as necessary to ensure adherence to delivery deadlines .

Bureaucracy can make starting a new business difficult by lengthening decision-making processes, requiring compliance with numerous regulations, and increasing administrative overhead, which can be burdensome for entrepreneurs .

Companies might re-evaluate project plans, identify cost-saving measures such as sourcing cheaper materials or services, increase sales projections to justify budget increases, or consider alternate revenue streams to counteract budget overruns .

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