Advanced Business English Group Y 3 John Silberstein

Advanced Business English Group Y 3 John Silberstein Lesson 6 – February 23, 2009

Vocabulary Review Mother Lode – dict. com: a major or profitable source or supply Thwarting – dict. com: ADJECTIVE: preventing realization or attainment of a desire. NOUN: an act of hindering someone's plans or efforts Retrenchment – dict. com: the reduction of expenditures in order to become financially stable Gyroscope – dict. com: an apparatus consisting of a rotating wheel so mounted that its axis can turn freely in certain or all directions, and capable of maintaining the same absolute direction in space in spite of movements of the mountings and surrounding parts: used to maintain equilibrium, determine direction, etc. White Knight – dict. com: a beleaguered champion who fights heroically for a cause, as in politics. A company that comes to the rescue of another, as to prevent a takeover.

Current Events VW chief hails strength in depth How many lines of cars does VW own? How has VW responded to the sudden drop in demand? Why is it better for VW to drop the temporary workforce rather than letting go of fulltime employees? How does VW expect to make it through the downturn? Why do they expect to gain market share/

Business Vocabulary in Use Match the sentence beginnings(1 -5) with the Correct endings (a-e). B 1. The Canadian government decided to sell 45%. . . C 2. UK Gold is a successful satellite channel… D 3. Russia’s second biggest airline is trying to buy a stake… E 4. China signed an agreement to develop a regional jet, setting up a joint… A 5. Mr. Sugar’s majority holding in Amstrad… a) …made him the UK’s 15 th richest person. b) …of the state airline to the public and keep a 55% majority stake. c) …in which the BBC has a minority interest. d) …in its US counterpart so they can work out a marketing alliance. e) …venture company in which it will have a 46% stake, Airbus 39% and Singapore Technologies 15%.

Test Your Business Vocabulary Choose the best word from the brackets () to fill the gap in each sentence. I have a 20% _____ in small printing company. interest (invest/interest/input) Charles Wilson now has a majority _____in Alicom holding PLC. (hold/holder/holding) Pro. Sports and Fit Folk gave details of their new joint venture ____ (venture/account/combine) Kola-Co has made a _____ bid of 21 p per share. friendly (kind/friendly/gentle) Eastern Water proved to be our White ______ saving us Knight from Collapse. (angel/knight/saint) Buying out the contracts of the senior executives will be a poison ______ for any pill predator to swallow. (medicine/tablet/pill) Their _____ company is a multinational based in New York. (parent/father/family) parent diversified We started as a music company but we _____into television. (diversified/diverted/differed)

The Business Decide which time markers from below are usually associated with the present simple and which are with the present continuous. 1. Usually Present Simple 2. Currently Present continuous 3. Always Present Simple 4. At present Present continuous 5. At the moment. Present continuous Present Simple 6. Often

The Business Decide which time markers from below are usually associated with the past simple and which are associated with the present perfect. 1. Ever Present perfect 2. In Past simple Present perfect 3. Never Past simple 4. Ago Present perfect 5. Already Present perfect 6. (not) yet 7. When Past simple Present perfect 8. Just 9. Since/for Present perfect Past simple 10. last

Business Vocabulary in Use Match the sentence beginnings(1 -5) with the Correct endings (a-e). B 1. The Canadian government decided to sell 45%. . . C 2. UK Gold is a successful satellite channel… D 3. Russia’s second biggest airline is trying to buy a stake… E 4. China signed an agreement to develop a regional jet, setting up a joint… A 5. Mr. Sugar’s majority holding in Amstrad… a) …made him the UK’s 15 th richest person. b) …of the state airline to the public and keep a 55% majority stake. c) …in which the BBC has a minority interest. d) …in its US counterpart so they can work out a marketing alliance. e) …venture company in which it will have a 46% stake, Airbus 39% and Singapore Technologies 15%.

E-Mail Exercise Based on an experience you have had in a work situation, write an email that tells your manager about a problem you have encountered and a possible solution.