Lesson 31---TALKING ABOUT BUSINESS ENVIRONMENT [QUIZ]
Lesson 31: TALKING ABOUT BUSINESS ENVIRONMENT [QUIZ]
Quiz
Fill in the blanks.Listen and check.
downsize recession outsourcing unemployment
Linda: Do you think this ______________ can get much worse? Miller: On the contrary! I see signs of a recovery. The inflation rate has been steadily declining. and the __________ rate is also low. Linda: But I've also heard reports that lots of companies will continue to _________over the next few yaers. Miller: That may be true, but I don't think the recession is the cause. Companies are restructuring and laying off people in redundant positions. And they're also _______more work, so they need fewer permanent staf on the payroll.
Vocabulary
What kind of problem is being described? Write the word in the blank.
downsizing falling market inflation unbalanced trade high unemployment
1. "The company is laying off 500 employees!" ______________ 2. "Shares are down 10 points!" _____________ 3. "Prices are on the rise!" _____________ 4. "We're importing more than we're exporting!" ______________ 5. "Too many people are out of work and can't find jobs!" ______________
Practice
Correct the mistake in each of the following sentences.
1. The bank is offering a very good interesting rate on loans. 2. The company wanted to take along its competitor, but it didn't have the funds. 3. Bothe the economy and the population were boomed in the 1950's. 4. The smaller company merged to the larger company last year. 5. The two companies proposed to undertake a joined venture.