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Lesson 32---TALKING ABOUT BUSINESS ENVIRONMENT
Lesson 32: TALKING ABOUT BUSINESS ENVIRONMENT
Vocabulary

competitor
core business
diversification
forecast
inflation
interest rate
investment
joint venture
mission
productivity
recession
recovery
share
taxes
trade
turnover
unemployment


VERBS

abandon
benchmark
boom
dseregulate
downsize
merge with
outsource
privatize
relocate
restructure
slump
soar
subsidize
suffer
tailor
take over


ADJECTIVES

booming
core
external
internal
joint


THE ECONOMY

Inflation                        increased a little.
Unemployment             has gone up  a lot.        
Investment
The balance of trade

Interest rates               decreased   slightly.
Exports - Imports         has  gone down  significantly.


THE COMPANY

Turnover
Market share           went up  went down
The share price        rose    fell  last year.

Productivity        soared
Sales                  slumped   in 2001.
Prices


CORPORATE STRATEGY

We have taken over a small company.
We are planning to merge with another company.
We are going to relocate our manufacturing to China.
We are planning a joint venture in Beijing.
We are focusing on the core business.
We have abandoned diversification.
We tailor our products to customer needs.
Our mission is to become market leader by 2005.


MANAGEMENT - BUZZ WORDS

Downsizing        making the company smaller and more efficient.
Outsourcing        an external company provides an internal service.
Restructuring        reorganizing
Benchmarking        comparing your performance with competitors'


THE FUTURE

What is the forecast?
What do you expect in terms of....

Do you agree?

Opinions

I think that...
In my opinion...
As I see it...

Agree

I agree with you.
Definitely.
I think so too.

Disagree

I'm not sure
Yes, but...
I see what you're saying but...

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