31. Definitions – the language of business TEST YOUR VOCABULARY 4

TEST YOUR VOCABULARY 4

31. Definitions – the language of business

Write the words next to their definitions assembly line chief executive customers employee costs exports investment market forces multi-national profit research and development salary shareholder shares union 1 _____ employees____: the people who work for a company. 2 _________________: a system in which each worker does one small part of the whole process. 3 _________________: pressures which push prices up or down. 4 _________________: goods or services which are sold abroad. 5 _________________: an owner of shares. 6 _________________: the person with most power in the daily running of the company. 7 _________________: an organisation of employees, which negotiates with the management. 8 _________________: the money made by a company after it has paid the costs. 9 _________________: work to improve products or introduce new ones. 10 _________________: those who buy from the company. 11 _________________: the mechanism by which the ownership of a company is divided between various individuals or institutions. 12 _________________: the money which the company spends as part of its operation. 13 _________________: the money paid to an employee each month. 14 _________________: something which costs a lot of money now, but will bring profit after a time. 15 _________________: a very large company which operates in many countries.

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