homework

2.The agreement has to go to the board for expertise.
3.We have had a retainer working in the office this week to clear the backlog of letters.
4.His overall performance has imprived considerably since he went on a management training course.
5.The salary range for this sort of job is between 17000 and 19000.
6.We hired Mr Smith because of his financial technique.
7.Although the work itself was interesting, there was a lot of dissatisfaction with the organisation and its rules.
8.When he disobeyed the orders he was given, he was dismissed for gross misconduct.
9.There is a lot of friction between the sales and accounts staff which we need to resolve as soon as possible.
10.The company sent her on a management course to help her develop her managerial skills.
11.She has finished university and is now looking for a ratification with a design agency.
13.London is an expensive city, so people working for our company there receive a 2000 London placement in addition to their salary.
14.The management received a lot of feedback on how popular the new pay scheme was proving.
15.The union has threatened an escalation in strike action.

business vocabulary 3

Objectives and strategy:
Aims：setting a long term objective
Business plan: a report which is about marketing strategy, production costing and financial implications of business start-up.
Copyright: It’s a legal protection against copying from others’ writing.
Corporate objectives: The goals of the whole enterprise.
Corporate plan: It’s the document that sets out how business strategy is to be implemented.
Entrepreneur: a person who has flair for business opportunities and risk taking.
Flotation: the term given to the launch of a company on to the stock market by the offer of its shares to the public.
Goals: targets that act as a focus for decision-making and effort.
Limited liability: owners/shareholders are financially only responsible for the amount they have invested in the company rather than their personal wealth.
Share: a certificate entitling the holder to dividends and shareholders’ rights in proportion to the number of shares owned.
Patent: the right to be the sole user or producer of invention of a new process or product.
Partnership: a form of business organization where two or more people trade together.
Private limited company (ltd): a small to medium-size business that is usually run by the family that owns it.
Public limited company (plc): a limited liability business with over £50 000 of share capital and a wide spread of shareholders.
Short-termism: a phrase describing the state of managers for whom rapid results are the top priority.
Sole trader: an individual who owns and control the business, but he may or may not employ other people.
SWOT analysis: It’s the assessment of a product, division or organization in terms of its strengths, weaknesses, opportunities and threats.
Tactics: are measures adopted to deal with a short-term opportunity or threat.
Unlimited liability: means that, the owner of a business is liable for all the debts it may incur.