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Business

Jon Naunton

-.
Upper-Intermediate

3
Workbook

OXFORD
UNIVERSITY PRESS

OXFORD
UN IV E RS ITY "RESS

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ISBN:

0194575861

Typeset by Oxford University Press


in Minion and Mahsuri
Printed in Spain by UnigrafS. L

AC K NO WLEDGEMEN TS

The authors and publisher are gratejUl to those who have given pennission to rL'produce the
follOWing L'xtracts and adaptations of copyright tIUIlerial:
p7 'Beware of beauties in bars (and othe r stealth marketing tricks)' by Maurice
Chittenden and John Harlow The Sunday Times 9 September 2001. Reproduced
by permission of Times Newspapers Limited.
p 12 'Gadget poised for b ig things' from Evening News, 23 March 2004.
Reproduced by permission of Cambridge Evening News.
p22 'Wal around th e world' The Economist 8 December 2001. Reproduced by
permission of The Economist Newspaper Limited, London.
p24 Extract from The Leadership Moment by Michael Useem, 1998 by
Michael Useem. Reproduced by pennission of Times Books, a division of
Random House, Inc.
p28 'Contemplating the perks of rhe job' Diana Cambridge! The Times
10 December 2001. Re produced by permission of Times Newspapers Limited.
p33 'Planting trouble' The Economist Newspaper Limited, London,
13 December 2003. Reproduced by permission of The Economist.
p37 'It's Thursday, so I must be worth a pay rise' by Kate WatsonSmyth,
The Independent 12 October 2000. Re produced by permission of Independent
Newspapers (UK) limited.
p42 'Hamley's make-orbreak time' by Nigel Cope, The Independent
10 December 200 1. Reproduced by permission of Independent Newspapers (UK)
Limited.
p47 'Baggin g Some Big New Markets' fro m BusinessWeek, 24 March 2004 2004
by The McGrawHiIl Companies. Reproduced by permission of Business Week.
p52 'Word Perfect' by Kate Taylor, 16 August 2004 Guardian Newspaper s Ltd
2004. Reproduced by permission of Guard ian Newspapers Ltd.
p57 'Wom en's touch wanted' by Alison Coleman, Mail on Sunday 13 May 2001.
Reproduced by permission of Atlantic Syndication ! Daily Mail.

The author and publisher would like to thank thL' followingfor the use oJphotOb'Taphs:
Berentzen Gruppe AG p7; CameoD p12; Clear Vision Trust p27; Corbis UK Ltd.
pp8 (Lawrence Manning), 9 (Russell Underwood), 10 (Charles O'Rear),
13 (Hurewitz Creative), 19 (Gerhard Steiner), 22 (Stravato Micahel Sygma),
25 (Dave C. Houser), 33c (Macduff Everton), 33t (Steve Raymer). 34 (Owen
Franken), 58b (Lawrence Manning), 58t (RNf Productions), 60 (Bill Alkofer
Sygma), 62 (Larry Williams), 63 (Steve Raymer), 65 (Chris BlandjEye
Ubiquitous); Getty Images pp14 (Christian Hoehn{fhe Image Bank),
23 (Shuji Kobayashi/Stone), 29 (FPC Internatio nal /Bryan Peterson),
44 (Rya n stock{faxi), 53 Uill Sabella{faxi), 54 (Chabruken{faxi), 59 (Ron Krisel!
The Image Ba nk); (2000 The Image Works{fopham p24; Mary Evans Picture
Library p16; Oxford University Press pp28; 58c; Rex Features pp33b (Sun set),
35 (RiChard Austin ), 42 (Nicholas Bailey), 4 7 (Rich ard Young), 50 (Reso),
64 (Ulander); Zooid Pictures pp6, 15 (Dan Sinclair), 57

Illustrations by:
Claire Clements ppll. 26, 3 1, 38
Mark Draiseypp 17, 37, 41. 6 1
Mark Duffin p1 2
Sophie Exton p46
Fred van Deelen p49
Sophie Grillet pp36, 39, 52 , 56
Ben Kirchnerppl8, 4 3, 51, 63

Contents
Vocabulary-learning tips

Target markets

Triumph and di saster

11

Prioritizing

16

Globalization

21

Company cu lture

26

Supply and demand

31

Negotiations

36

Staying competitive

41

Fair exchanges

46

10

Human reso urces

51

11

Business start-up

56

12

Reputations

61

Answer key

66

I,

VOCABULARY-LEARNING TIPS

Organizing vocabulary

ProFile 3 Upper-intermediate helps yo u expand and develop

Use a notebook to create an alphabetical list for quick


and easy reference. Note new words as you come across
them . Include a definition, the word's part of speech,
and, if necessary an example of its use and a note on
when the word may be used, i.e. is it formal or informal?
For example:

your vocabulary. Each unit of the Wo rkbook has a


Vocabulary section which reviews the vocabulary from the
Student's Book.
Here are a few tips to help make vocabula ry learning a more
valuable and enjoyable experience.

Learning vocabulary in context

S HAR.e'

SACK.

To acquire new bus iness vocabulary yo u can ...

read newspapers and magazines like The Economist


or Business Week

11\..

tll\.vestOY$ but1 slolayes, til\. Q CDIII.<':PQlI\,.tj

(tll\.foY1'\o\.Ql) :;:::: to (i(is~~ solll.<.to~ fyo~


thety job.. oftell\. because of thety p OOl"

petforw.all\..Ce
seCOND-HAND

listen and watch business news programmes.

adj.

Oy

thetl" beh(wi.oKI"

All"eA(i(!:j IA,.SW btl soVl.t.tbo(i(tj else, II\.Ot

"""'W.

Use the context to help you guess the meanings of unknown


words.
For example:

11\.. solM..ttht~ thAt peoplt Aye gtvell\,. to tytl


oy taste.
"".""'pl.!, We lilw> the free s .....pl.! the

Hodgkins have beell purveyors of fine foods for 170 years, and
members of the royal family are among their most valued

SOI'\l\.t I'\A.,()l"t.

.sAMPLe'

sAlts~A""'"

gAve

t.(.$..

so we dectded. to ot'du

customers.

We can guess that purveyors has a meaning similar to seller


or provider.
As well as learning new wo rds or phrases in co ntext, it is
also i_mportant to use them actively wherever possible, in

Use another notebook to record new vocabulary in


memorable groups.

Note wo rds on the same topic together.

conversa ti o n or in written work. This will enable yo u to test

their use and approp riacy in a range of different contexts.

Using dictionaries
A monolingual dictionary such as the Oxford Dictionary of
Business English or the Oxford Advanced Learner's Dictionary
will provide a more thorough understanding of a new word
than a bilingual dictionary. It will also provide information

At>V6R.nSI NCi COpYWR.IT6R. = pe",o", w~1O wlites


the woms for .avertiselM.t1M:< ."'" oo"""",rciais.
She ~s

"V'tR.Ci6T

6 similar or co ntrasting words.

Wh at information can yo u find in the following dictionary


definition?

income f' IDkAml ll [C,U] money obtained through


return on investment o r as a sa lary, usuall y received
on a regular basis: i t's (1 fa mily with two incomes as the

husband and wife botl! work. Compare EXPENDITURE

best co-p~wri.teY; snt comts up w~tn

= to ehoose grol<.p of eo",""I<.""'''' for a

pYoaL(.ct

01" StYVL.c.t.

We h.ve aee,aecl to target peopl.! '''' the over-55 age


grol<.]>. we th, ...... that these """,w el'lA.ise hol,a'!:js
shol<.l.e;( appeal to the"".

on:
1 pronunc iati o n; for example: invoice /mv':Jls/
2 stress; for example: invoice /' mv'Jls/ is stressed on the

first syllable; pioneer /, paI~ ' I1I~ ( r)/ is stressed mainly on


the third, but also on the first syllable
3 parts of speech n, v, adv, adj
4 whether a noun is countable [C] or uncountable [U]
5 examples of use

OL(.Y

rtall!:j gooa ,aeas for .avertiselM.t"'ts ."'" slog .......

You can also build vocab ulary aro und a particular


concept. For example:

CONC6P". VALlA.6
waste of t'IM.t, e.g. Thejob ''''ten/'ew w.s w.ste of
t'IM.t. I fol<."'" Ol<.t that the!:j haa g,ve", the job to
solM.to""", alre.a!:j worleL"0 '''' the oo""P''''!:j'
~lI\..vaw.ablt = vertf valL(.ablt!!
The ~lI\..foytl\(,"tl..oj.l\,

t10t.(. gave u.s WAS ~lI\..valL(.ablt.


Wt COL(.l.l;i nAVe lI\Il.Ade A poor cl1o~ce wttnout ~t .

worthLess

= "'" vall<.e at all.

Snares ~II\. tne COY"t.:pAj.I\,~ An /l\.CW worthLtss.

I",vesto", h.ve lost eve'1jth'''0.

Another way of recording new vocabulary items is


according to their grammar. For example:

Note any groups of words that commonly go together.


For example:
verb patterns:
t:10u tQ~ SOVlA..ttVl~""9 ~""to aCCoL<.""t

AJ::I6cnVI3.S OF 1'6RSONALrry
eOll\.Sc~e~.,tiot.(S~ t"el~Ctble~ pl.<.V\.CtlA.Ql~ tl"1.<.StwOrtVlt:1

nouns + prepositional phrases:

I'ftRASAL V6RSS:

jobs c. "" be ''''' jeOj> .-oIt!; """"er t"re.t

sot "1" tst.bLLs" / fo"vccI bus,,,,,,,,,,

Note any commonly occurring three-part collocations.


For example:

h-<.t"li\. Ctt"OUM: SQVe Q fQ~L~~ bKSt~

go "",dey: f.'L / go b."""n<pt.

eCOIl\.oOM~C

!4

covered

",.. pottt!

fw.Lttj eompn~~eL-\.S~ve

Qc:(justey

INSt.{RANC6../-_ _

lA.~trwri.ttr

N O IA.NS

pol,et!

~v\'slA.rClII\...C' broluy
pollet! "older
be~"''1:J

L~Qb~L~ttl

covey

ClCtw.Cltt:!
V 6R.'&.S

tQIu OL.(.t

~1I\.SL<.rQi'\.oCt

I'\.\.Q~ Cl cUt~1'\.\.

Lu\..c:(erwnte
g~Vt

Be selective. You don't have to learn or record every new


word you come across. Here are some tips:

List new words which frequently occur, and which


are useful for yo ur own situation .
Divide the list into new vocabulary items you just
want to be able to recognize in context, and those
yo u wan t to reproduce yourself.
Write short definitions for the words yo u just want
to recognize, and fuller definitions and examples of
use for those you want to use actively.

;>E'O;>LE'

L~QbLt

Vl.(.Qri."-t

cl&4~V\.tS

ZO/l'\..t =

Q""'''''L<.Ql + perfol'1'\o4.Ql'\.Ge + yevi.ew


Q """"t.(.Q l perfOYl'\ot..A l'\.Ge rev~ew

A~E'CT1V6S

6S O F !N S IA.RANC E'

+ ~evel.crp~~t +

eCOIl\.oOM~C developlM.lY\.t ZO/l'\..t

A spidergram is a memorable way of grouping new


vocabulary. You can add new words to it when you like.

Recording extra information

qL.(.otQtl.oli\.

1
As you record new vocabulary, note the base form,
together with other words in the same family. For
example:

Note in which situations a new word is used. Does a


new word have a negative or positive connotation? For
example:

clever

(+)

c""""","'0 (-)
"'."'"ge (v); "'.""'ge""-t.-t (""); "'.""'ge".l (.dj)
.dvettLse (v); .dvertLse""-t.-t ("'); .dvert's''''0 ("")

Is a new word used formally or informally? For


example:
~."'0 0"" ('''''f0C'''-.l)

Record words with the same stress and number of


syllables together. For example:
000

ODOO

adverttse

Ct~vertL.seV\A.t""t

ca",,~~dQte

",-<t"od,caL

w.'t

Is a new word used idiomatically or metaphorically? For


example:
Fot" tjeQYS~

s"'e "'a5 bee"" acti.veLtj e""9Qge~ i."" WOVlA.t",,'S

crus. de for eq".l p.t! .vccI covccl't'o"'-S.


The literal meaning of crusade is a religious war, but
here it is being used metaphorically to refer to a
campaign for the improvement of a situation.

Target markets
VOCABULARY
1

Find 15 words to do with marketin g and advertising.

YEN D 0 R 5 E K H N A NW
L D C T C 5 A T U RAT E R
GPOSPONSOR X MWP
LRMKALQKKWPHI I
AOM L C FW GVA HNE I
UMEWCS EGMENTPM
NORCOPYWR ITERA
CTCIUMEDIADCFG
HI I WB I RONYSNTE
SOA E MQCAMPAIGN
YN LL XCG ISXHAJZ
J K V 0 I CE 0 V E R W X H
NVZFPEYHSLOGAN
E Q BRA N D G E R X 0 U P
2

Match some of the words fo und in 1 to these defi nitions.


1

The voice of an actor which you hear in an advertisement.

An advertising strategy with long-term .aims. _ _ _ _ _ _ _ _

What someone famous does when they publicly approve a particular product.

A kind of hUlllour often used in advertising where a sentence has a double


meaning. _ _ _ _ _

A weU-known and easily recognizable make of product. _ _ _ _ _

To introduce a new product into the market through advertising and promotion.

A section of a market representing a certain type of consumer.

A memorable phrase which is used to advert ise a product. _ _ _ _ _ _

To completely fi ll a market so it cannot absorb any more of a given product.

-----,----

10 The overall impression a product creates in the minds of consumers.


11 The person who writes the text for ad vertisements. _ _ _ _ _ _ _ _ _ _
12 An advertisement. _ _ _ _ _ _ _ _ _ _

Target markets

READING
1

Read the article abo ut new ways advertisers are using to reach their audiences, and
decide whether these statements are true (1) or false (P).

People can be so exposed to advertising that they are no longer aware of it. .
2

The TiVo box is a special piece of equipment for showing advertisements ..

Undercover marketing in bars is aimed at corporate employers.

4
5

Advertisers need to find new ways of reaching the young. ...


Sol understands the need for new approaches to reach British consumers ..

6
7

Product placement is a recent phenomenon in the US film industry. .


Product placement is banned on British TV. .

jonathan Ressler bel ieves that ordinary people will mostly replace superstars in the
endorsement of products . ......

in the United Stares


suggests that a tee nager is
exposed to lip to 3,000
television ads a da}~ These ads
can become white noi se,

barely noticeable. The huge


growth of sa tellite ~hannel s
and the introduction of the
TiVo box, which can
record programmes while
filtering our the ads, has

reduced the reach of the


television commercial even
more. As a result, brands
are turning increasingly to
undercover m arke tin g. In
Ame rica, actresses are hired to go into
bars ro offer stra ngers particular
brands of alcohol, ciga retres or sna cks.
They never reveal the truth of their
mission, bur the intention s are [Q h elp
foster a feel-good image for their
corporate empl oyers. This stealth
advertisin g is aimed particu la rly at
youn g consu mers who are no longer
inAuenced by the heavy sell with which
they have grown up.

Brita in is not far behind the USA


with this technique. Last night in
London, party lovers co uld li sten on
their mobile phones to a li st of places
to go out under the slogan 'Solo n a
mission'. When they relax in front of
the soa p opera Hollyoaks, they will see
actors drinking from bottles of Sol
Mexican beer. It is all part of a lm
campa ign by Sol, which is rejectin g
normal advertising in favour of more
covert methods. 'Today's youth arc very
cynica l,' sa id Zoe Smith, Sol's brand
manager in Britain. 'You cannot be toO
obvious. They like somethi ng a litrle bit
different that challenges th em .'
In H ollywood, product placemem
has been arou nd for decades. Producers
ca n colleer upwards of 75,000 a time
from co mpanies wanting their product
to be seen on the sc reen. To an extent,
the same is true of television, although
the methods are more subtl e. British
TV co mpani es face heavy fines from
the
Ind epe nd ent
Television
Com missi on if they accept payment for
product placement. Market in g firm s

have therefore relabelled this as 'prop


provision' . The Sol beer in Holl yoa ks is
used as a realistic prop. No money is
paid to t he programme-makers. ' It
sound s an ifici al for a character to walk
into a pub and ask for a cola drink,'
sa id the lTC 's Hel ena Hird.
Some ente rpri sin g consumers are
findin g novel ways of exploiring the
urge to brand a nything that moves. A
Dutch student, hirch-hiking round rhe
world, is naming on his website diary
th e horel s that give him free
accommodat ion . Jonathan Re ss ler,
whose agency has helped to pioneer
product placement meth od s. says this is
JUSt the beginning. 'You're definitely
go ing to see rea l people being
sponsored by compa nies. It 's not going
to be a superstar like Michael Jordan,
it's going to be Mr Joe Average. And
it'll be cheaper, more effective and
carry far more credibiliry,' he sa id.
We've had realiry television, he argues,
so
what's
wrong with
reality
advertising?

The Times

2 Find words or expressions in the text which mean ...


a background sound that is so constan t yo u don't notice it

removing something by passin g it through special equipment

advertising which relies on making a product visible in a fi lm or on TV .

4
5

an object which is used by actors in a film or play .


the ordinary person in the street .

Find the words from the box below in the text you have just read. Which words suggest the idea of ...
1
2

newness and originality?


secrecy?

covert

pioneer

undercover

novel

stealth

enterprising

Target markets

GRAMMAR
1

Complete the art icle with an app ropriate form of the


verbs in brackets.
Hundreds of people
1 ....

(stand) in

the street and


1 ......... _ ..............

(applaud)

because they

advertising. 'TV ads and even radio commercials

..

........... (cost) an absolute fortune,' lucy says.

'8ut if a stunt

............... ... (catch) the attention of the

11

media, then it
(watch)

12 .. ... . ... ..

(get) the same coverage for

free.' The campaign she n ........................... (currently work on)

something incredible. In

should generate three times as much air time and newspaper

the centre of the road is

coverage as a conventional newspaper campaign. In her

lucy Garnett, and if she

career, she

(look)
tired, who can blame her?

stunts which

4 .... ...

6ecause since last Friday evening, she 5 ..... .. ..

16

14 _

. _ __ . .

(run) a number of successful

IS ....

........

(pay) dividends. She

(cover) a london bus with wallpaper for a

manufacturer, and

17._

..

(even go) 'Street

(dance) nonstop. She came up with the concept of a dance

mountaineering'. This new 'sport'

marathon as a publicity stunt to launch a new night-club. So

crawling along the high street in full climbing equipment,

far, both she and her client ' .......................... (be) delighted

roped together with her partners! To help her, she

with the coverage they

7 .... . ..

(receive) from the

press and local TV.


graduated, and since then, she ' .............

usually

19 ...

18 ....... .... ... .............

(involve)

(employ) students from the local

art school or drama college; or else young actors who

lucy started her company, PReecentric, shortly after she

much better use of an advertising budget than unfocused

... (think up)

20 .........

(look) for more interesting part time

work. than fast-food restaurants. However, when she

clever ideas to draw attention to her clients' businesses and

21 ..........................

(not be) 'surreal' for her job, lucy

products. lucy 9 ..... (believe) that her service -

22 .. ... .... .... .......... _ ..

(be) a calculating bUSinesswoman, as at

an unusual combination of PR and street theatre - can be a

home in a suit as in a giant banana costume.

Before writing the article in 1, a journalist went to in terview


Lucy_ Use the p rom pts to write his questions.
IN TE RVIE WER :

How long / you / dance?

How / you / find new employees at


PReccentric?

INTERVIEWER:

,
lUCY :

Since yesterday evening - I feel exhausted.

When / know / if / advertising


campaign / be successful?

lU CY:

INTERV IEWE R:

Often through adverts in trade newspapers.

INTERVIEWER:

What campaigns you / run at the

moment?

lUCY: We normally know by the end of the first week


of the campaign.

Which / your campaigns / you think /


be / most successful?

INTERV IE WER:

The one for Vaxis Chemists was amazingly


successful. In 1999, I think it was.

lUCY:

One for a local theme park and one for a


chain of leisure centres.

lUCY;

..,

Target markets

SPEAKING
1

Correct the mistakes in these sentences.


Absolutely! J am agree with everything you've sa id.

According to me, they make the streets look bright a nd cheerfuL

I'm not sure what do I believe any more.

By far as we're concerned, it's not true.

In the other hand, you could have right.

Aren't you agreed that it's an absolutely scandal?

From my opinion, we should do someth ing about it.

When I sec it, the yout h of today are easily brainwashed.

Some friends arc discussing advertising. Complete th eir conversation with expressions
from the box.

up to a pomt
to be!!!" with

come off it
a
that aside

we agree on
what

c~

thing

JOANNA: If I were President, I would ban all

advertisements.
KE VIN: Why would you do that?
JOAN NA:

Because they make us too materialistic.

DAVID: 1 __ ______ ___ ___ __ _....... _..

, Joanna! You of all people,

you're very fashion-conscious.


KE VIN:

Yeah.

2 .............. __ ___ _____ ___ _ to

suggest.

DAVID:

What would happen if there were no

advertisements?
KEVIN'

Well,

............. ' people wouldn't know

about new products.


DAVID:

And the economy would fall to pieces.

JOANNA:

People would still find out by word of

mouth.
KEVIN :

Eventually they would, but it would be very slow.

OAVID: 4
JOANNA:

....... __.__ .__ ___ __ ' don't you think they make our lives brighter?
Well,s ........................... I do, but J just think it's a shame that so much creativity

is wasted on selling soap powder.


KEVIN:

Yes, I agree with that, but without the commercial break, we would miss part of

the film or t he programme if we wanted to get a drink.


JOANNA :
DAVID:

You're right.

At last

....... somet hing!

10

Target markets

WRITING
~~~~~;eb~: introduction to a piece of advertising copy with words and expressions

and

if all of thIS

copacar.com
You wouldn't play poker with a pro, would you?
1..... _ .. that is exactly what we do when we buy a new car from
a showroom. On average, we buy a car every five years, 2
a lOp salesman sells five a week. J
h
.......................... .
........_.................... ow on earth can we
expect to make a deal in our favour?
:he short answer is. we can't: 4 ___ .. .. .. ... . ... ' we don't stand a chance .
........___ ........._....... most of us leave {he showroom hundreds. if nOt
is
thousands, of pounds poorer than we needed (0 be. 6

depressingly familiar, don't despair - help is just a click~~;;.


At copacar.com our fi rst price is our one-andonly price. A price you'll
find hard to beat anywhere, No hassle. no haggle.

Now use the headings and notes below to write the rest of the copy,

I
I

H DvJ vJE 5 4-vt i DU MDNti

No ~p.u?SivL shostlYDDf1IS to wn.


No ~
lip on <\; showvool7l #,oov. ,
DIIV h:'J.e. hllJl':} ,tWLV = (J.D/7I~L pv/tus CIIsvallJ onlJ
tU/tJla,hl.e. to ~mpafii.S whilj, h"J #~t.s oj (!AYSJ,

-tiu,

'- M4-m1?-5 DF Tl2U 5T

siovi.S oj f"'LDplL losi':} M(J(/S Dn .r/"16LVn.Le plltthiW.S


thv~h IIntvllSlu/Orlhj w.u..sius .
. W.e.'VL notJ IIS-t <\; w.u..s;u; also pa.-rl 0t4 th.e. kin.e.slsJVovp ineJvks v~lI6J,l.e. insllvafia.L ~I7IPafii.S afirJ.ln~.e. O~afiiZA..tions ,

fYll-.e.

N D H.rPpN EYT124-S
Pvie..4- ineJlltU..s:

,w;'/'-'Y
~/it!.ptJne
I J V vo-l Ut.X +-

'I-

hv~tbJwn

l!.DY'LV +-

v/~

!!AoV

if ~ ekrJ.

Dllv pVII!.L is thL f nal pvir:u..,


4-N]) .J:F iDU NEt]) 4- H t LP.J:Nq H4-N]) '"
WL'VL p AYt oj <\; IMJ.e.Y' In~ a.nrJ. insllvltJ7t!.LJ Vovp.
WL I!A.n p VDV'ik (J.D/7IpLtdivL ,nltJ7t!.L afirJ. t!.AY insvv(.V?(U.,
P.upl.e. who li,tL ~sit.:J /:to C!AY) htlt h<\;u h(~:2J'it.:J) shovjrJ. a./ie,t
on M V wus;u.,


11

Triumph and disaster


VOCABULARY
Use the clues to complete the puzzle. Find the mystery word: the arrangement you have
with the bank when you need to draw more money than is in your account.

7.
1

/
)

/
9

2
3
4
5
6
7
8
9

Another word for b{lIIkrupt.


The fixed costs that any business has to pay.
A long-term loan to buy a house or a flat.
The buildings or offices frOIll where you operate your business.
Someone you owe money to.
A way of paying for expensive goods, e.g a car or a washing machine, over
a period of time. (two words)
Regular payments as part of the con tract for 6.
Money entering and leaving a business on a regula r basis.
A healthy company is able to meet its liabilities with these.

12

Triumph and disaster

READING
1

Read the article about a new invention and decide if statements 1-7 are true
or fa lse (F).
1

The binary actuator is Danny ChapchaJ's finest invention.

2
3
4

The device has global protection against illegal copying. .... .


The binary actuator increases the speed of jets and car motors . .
International firms are actively involved in trying out the device. ..

S
6
7

Wygnanski took less than a year to produce the gadget. ......


Its biggest drawback is that it consumes large amounts of energy. ......
Christopher McDouall believes the actuator has a brilliant future . .... ..

(n

Winner - business innovation


Danny Chapcha\, chairman of Camcon
TechnoLogy, has a nice story to teLL about his
company, winner of this yea(s Business
Innovation Award. When he took over as
chairman it was to raise money for the firm
which has worLd-wide patents on the binary
actuator.
The bina'Y actuator? Does this sound very
exciting? CertainLy not to the first venture
capitaL organization Mr ChapchaL approached.
Within days of receiving the company's offer
they wrote back saying 'we cannot see the
market for this technoLogy'. Mr ChapchaL
thinks they wilL end up in the same position
as the company that turned down the
Beatles.
The binary actuator is a vaLve; a simpLe but
brilliant re-invention of the valve, and a
step-change in technoLogy that wiLL make
rippLes around the worLd . A vaLve is a simpLe
device that controls the movement of a Liquid
or gas in a system, preventing the liquid from
moving in more than one direction.
Imagine something that couLd reduce jet
engine noise by 9O"t. and alLow ambulances
to go over speed bumps without sLowing
down ... these appLications are just a
beginning. Camcon TechnoLogy is now the

destination for top management from the


world's big companies, many of which are
piLoting the new valve.
The binary actuator was invented by Polish
sound engineer and academic, Wladyslaw
Wygnanski, who has spent more than two
decades perfecting what at first seems to be
the most simple of gadgets.
The vaLve works by using magnets and
springs and very Little power. It works for a
Long time and at great speed. These quaLities
are what peopLe who use vaLves have been
searching for, and there is every chance that
Camcon wilt make the big time.
Christopher McDouaU, a director of the
company says: 'This is the beginning of
something that over the next 25 years wilL
become extremely significant: He shouLd
know; he began his career with the Legendary
Barnes Wallis - inventor of the jet engine and was also invoLved in the early days of
Concorde. Mr McDouaU adds; 'You can't say it
is Like the transistor, but it is similar to the
effect it will have:
Commenting on the award, Mr Wygnanski
said: 'This is proof that inventors and the
business community in (ambridge is truly
international:

-2
3

- --

Find the names of these fou r technical items a-d in the text.
Fin d the words and expressions in thc article which mean:
1

2
3
4
5

a kind of licence which gives the right to make use or sell an invention for a
certain period (paragraph I)
a counting system which consists of zero and I (paragraph I)
an effect, like \. . hen a stone is dropped into water (paragraph 3)
uses (n ) (paragraph 4)
a clever, new, small technological device (paragraph 5)

Triumph and disaster

GRAMMAR
1 Complete the text using a suitable narrative for m of the
ve rbs in b rackets.

When Donno Wallis

.............. (work) as

different City of london businesses she

Usc the prompts to make sentences with a similar


meaning to the ones given.
1

Martin dropped us off. We realized we were at the


wrong terminal.
We J only J realize I we be I al wrong terminal I after
Martin I drop us off.

We waited for three hours. They finally called our


flight number.
We J wait I three hours I they fina lly call J our flight
number.

The plane took off. The emergency light came on.


No sooner I plane take off I than J emergency light I
come on.

Dming the drive from the airport am taxi broke


down.
While I we J drive J airport I taxi I break down .

PA in

2 _........ ..

(often ask) to arrange receptions and parties. She


eventually 3 .

.... ____ ...

(know) exactly which venues

and personnel 10 hire and by her fovrth firm, she

~ ............................ (become) the acknowledged expert in

her field. One day while she

$ . ________ _..................

Everybody left. \Ne got to the office.

By the time we J get I office I everybody / already J


leave.

(arrange)

a special launch for a publishing firm, she suddenly

...... (hove) a brainwave. She

...... . .....

(realize) thot for the post five years

she

B .. ........

(waste) her time as a PA and thot

she

(can offer) her services to other

.... ... __ ..... " ...

businesses for a fat fee. So she


up) her iob and

11 ..... ... ........

firms where she once


business

12 ..

13 ...... .. ........ .. ....

10

.......

16 .. .... .... ... ......

Carlos worked in the Barcelona branch seven years.


His boss decided to promote him.
Carlos / work I seven years J before his boss J
decide I promote him.

.............. (work). The


(grow) so quickly that three

(e~pand) even further and

(transfer) her know -how into

conference organization.

(approach) all the

of opening her own office. Within a couple of years


IS ........

I forgot to pack any shirts. I unpacked my sui tcase.


When J 1 / unpack suitcase / I realize J that J
I forget J pack / any shirts.

(give

years later she u ............................ (take) the logical step

she

13

14

Triumph and disaster

SPEAKING
1 Use the prom pts to complete the conversat ion.
I / make / terrible gaffe / at / party. I I I ask Terry I why I he I leave I

ANGELA:

old job.

I..m.Q(/.f..Q..t.f.(ripJf.. g.Qf[f..!!.Uh.f.. P.Q.f1Y...!. .Q~~!t!!.. T.my...w.t!yll.e.:r!..l.fJfi..!Jh.QI.r!.jgJ!,...................


CLAUDIO: oh dear / you I not know / he / be / sacked?

ANGELA:

CLAUOIO:

ANGELA :

CLAUDIO:

no / and / he / can't I like I be / reminded / it.


well / I / be / sure / you / not mean / upset / him.

all / same / he / must / be / embarrassed.


th ings / happen. I I / not worry I it / if I I I be / you.

Pat Jones is speaking to Harry Morris about the latc delivery of an order. Rearrange
the words in italics to complete their conversation.
1

PAT:

I've only just received my order. it - hove - courier - should - senl - by - been.

!t .#JJ!.I!.!.c!.. h.f!y.f..kf.~!J..~~OJ .hy. . ~Q.l!.[i~[; ...... _..................................................................

HAR RY:

PAT:

I'm sorry; I - realize - do - we - thot - arranged - had - to - didn 1

But this is unbelievable! It's written on my order!

HARRY:

appreciate - angry-I - you - how - Pot - are, but there's nothing about a

courier on my copy.
Isn't there? well - there - 1- a - suppose - have - mix-up - might - been.

PAT:

HARRY:

PAT: worry - it's - probably - those - just - don't - things - of - well- one.

Oh dear. do - hope - J- will- fault - you - forgive - our - if - it's - us.

Triumph and disaster

WRITING
1

In mobile phone text messages, a word m ay be shortened by removing the vowels


(a, e, i, 0, II). for example: meetitlg = mmg. Sometimes letters which rhyme with a word
arc used, for example: b = be. The first leiter of a word may be used as an abbreviatio n,
fo r example: IV = w/rere.
Match these ab breviations to their meanings 1-14 below.

L8

2moro

spk

L8r

cub

ftt

thnx

wru

latc

thanks

speak ......

late r

10

fo' .. .

'"b,

11

where are you _..

(ree to talk

12

MO I

call yo u back ......


tomorrow

13

you .

14

'"

..

Now 'translate' th e
ordinary English.

l ex!

to

messages below between Carl and Jenny into

C ARL:

JENNY:

CARL:

JENNY:

CAR L:

JENNY :

CA RL :

JENNY :

r u ok.
es thnx

. . . . . . ....... . .

ffiffi~~

......."'"

~~

......................................... .

15

16

Prioritizing
VOCABULARY
1

Choose the COf f cc t word to complete the sentences.

Please be punctual. I'd like the meeting to start in I all lime.


The feasib ility study is like / likely to be finished by Thursday.
Construction work is already six weeks behind timetable / schedule.
The train is due 10 / for leave at twelve tomorrow.
We'll miss the deadlille I time limit for this project if we're nOI careful.
Why don't we postpone / callce/ lhe meeting to a later date?
She begins each day by o pening the post and checking her email. It's always the
sa me schedule I routine.
a We should finis h th is task without furth er dcadl;lIe / delay.
9 If we IIl1rry lip / catch lip we'll be able to join the o thers.
10 You should never call off / pllt offlo tomorrow something you can do today.
11 We have really fallen out / behind with this project; we need to catch liP / make lip
the time we have lost.
12 Your account is still outstanding / understandillg. Please pay within the next five
working days.
1

2
3
4
S
6
7

Replace the words in hajjes with a word or expression fro m the box.
time to time..

meantime

a time it's time to

a waste of time

In the old days children used to work in these mines . .............................


She earned money for her holiday by working a lot of extra hOllrs.

I wish J hadn't gone to the meet ing - it was completely useless.

You write to the bank.

5
6

Oemsiof/ally we have some customers who don't pay. ........................... .


J don't want to work forty /rollrs a week so I'm o rgan izing a job-share.

Six o'clock! Let's go . ........................... .

overtime

lui

~Vllile YOII're

doillg tllat, I'll phone the suppliers.

Contin ue the second sentence so th at it means the same as the first one.
1

J couldn't fin d a taxi fo r ages.


It took.

......................................................................

The in terviews start at 2.00 and finish at 4.00.


The interviews last ................................ .

We discussed his proposal for three hou rs.


We spent ......................................................................

Robert phoned during Lily's meeting with Joe.


Robert phoned wh ile ..... .....................

........................................................................ .

Prioritizing

17

READING
1

Read the art ide and choose a, b, or c to complete statemcnlS 1-5.


The mantlgers .........
a were kcen to learn from the academic world.

b had been on many such courses.


c

regarded the presente r with a lot of respect.

By the end of the presentation the audience's attitude had changed from ... .
a enthusiasm to boredom.
b horror \0 interest.
c amusement to disgust.

She filled the container to the lOp ...


a twice.
b three limes.
c four times.

The message some of the managers understood was ...


a there is a limit to what we can do.
b we must squeeze more into each day.
e we must always have a list of priorities.

The presenter's message to the managers was ...


a always focus on what's important first.
b YOll can always make time if you want to.
c small problems can grow into big ones.

N expert on time management


was once invited to give a talk to
a group of senior managers on a
training day. Veterans o f decade:; of
front-l ine management, they looked at
her with a seen-it-all, heard-it-before
scepticism wonderi ng whal of any
practical value a university academic
could possibly tell them. With no
introduction, she bega n, 'Today, we
are going to do a little practical
experiment.' A couple of less polite
members of her audience sighed, while
others inward ly groaned at the
though t of filli ng in time sheets and
yea r planners.
From unde r her desk she took a
large t'artht'nware container with a
large open neck. Then she picked up a
bucket which had exact ly fiftet'n rocks
in it - each one was about the size of a
child's fist. One by one she dropped
the rocks into the container. Her
audience looked at each other in
disbelit'f. 'What is th is crazy wOlllan
dOi ng?' they wondered. Once all the
rocks had been placed into the ja r, the
last one had reached the top. 'Is the
jar full?' she asked. 'Yes,' one of her
audience replied. ' It looks full to me,
unless of course it has a faist' bottom
to it.' A few of the other mem bers of
the group smiled at the comment.

'\I\'e'll s('{',' she said. Once again,


she bent down and picked up another
bucket wh ich contained several
handfuls of gravel. Carefully, she
poured the gravel into the contai ner
until, once again, it reache-<! the top.
'Is it full now?' she demanded. 'Yes it
is,' anothN member o f the audience
answered. Several others nodded their
agreement. 'OK, let's look,' she said.
Once more she took another container
from underneath Ihe desk. Now
intrigued, her audience watched as she
carefully poured the fine sand il held
into the conlainN. Th is she shook
slightly so that all the sand could
penetrate between the gravel and Ihe
larger rocks. 'Is it full now?' she asked.
'Probably not,' carne the reply and
by looking at the rest of her audience,
it looked as if everybody agreed.
'Good. Now we're getting somewhere.'
One last time she bent down and
picked up a large bottle full of water.
Slowly she pollred it into the
container until it was hIll to the brim.
'Now,' she said, 'it is well and t ru ly
full.' She paused for a couple of
seconds and asked her audience,
'What can we learn from all this?'
'It's simple,' one head of
department replied. 'It proves that
however full we think our day is or

however many engagements th ere are,


we can always find time to fi t in
another meeting or complete another
task.' 'Yes,' another colleague added, 'a
working day is just like thiS container.
With a little mo re imagination, we can
use the time to do mo re and more.'
'Mm, in teresti ng theo ries,' the woman
responded. 'But what this t'xperiment
proves to me is someth ing entirely
d ifferent. What it says to me is Ih is:
we have to develop a true sense of
priorities and decide what our most
important d uties are. These arc like the
big rocks. Wou ld we have been able to
fit them all into the jar if we had fi lled
it with gravel, sand, and water fi rst? Of
cou rse not. But th is is what h appens
so often in our working lives. We get
so caught up with the gravel, the sand,
and the wate r, that we forget thai ou r
mission is 10 deal with the big rocks.'
And with that, she quietly tha n ked
h er audience and lefl lhe room .

18

Prioritizin g

Look at this list of events from a senior manager's day. Decide what, for you, would
be 'big rocks', 'gravel ', 'sand', o r simply 'water'. Think of reasons for your decision ill
each casco

opening and sort ing mail

signing a 'Gel well soon' card for a colleague who's in hospital

approving the design of next year's sales catalogue

having lunch with a new c ustomer

filling in claim forms for expenses

signing everyday letters

replying to emails

greeling a group of child ren who are visiting the factory I offices

discussing the st rategy for next year's sales promotions

10 havi ng coffee with the staff


11 conducting an appraisal interview with a member of staff
12 reading the business pages of a national newspaper
13 answering the phone each time it rings

GRAMMAR
Complete these sentences with an appropriate futu re verb form.
1

This time ti me to morrow my plane .....

.................. (touch down ) at Dull es

Airport.
2
3

I've just heard that Marisa ..... ..................... (have) a baby!


........... (recruit) thirty
Because the compa ny is expanding so much, we .....
new employees.

........ (be promoted ) to the Board.

By this time next year I ................

I've got some good news about your new car. It ............... ............. (be ready) for you
to pick it up tomo rrow.

I don't think I

think I ..................... ..... (j ust go) home instead.


I can't go to the meeting because I

.................. (join) you for a drink after work. I'm so tired that I
(drive) to Sco tland this

afternoon.
8

Yvan is furiou s about his tiny pay rise! I'm sure he .......

............. (resign ).

If

Prioritizing

SPEAKING
1

Cheryl Wyatt, from a temporary staff agency. is speaking to Gary Coates, a very busy
ma nager in an advertising agency. Expand the prompts where necessar y, and then put
their conversation in the right order.
CHERYl:

.. GARY:

course / not / it / be / pleasure .

Goodness me! The advert! How could I forget it? Yes, we mustn't miss the
deadline. / you mind / ask / Frieda lehman / Human Resources / check it?
OK. Incidentally, / what / you like me / do / this advert? It / look /
important.

. CHERYl:

OK Gary. Now, / I / wonder / you / spare / two minutes / go through / 'to


do' list / I / find / Antonia's desk. I / like you / help me decide what / deal / first .

..... CHERYl:

.. GARY:

Then if you I fax it I them, I I be eternally grateful.

CHERYl:

. GARY:

..... GARY:

Certainly. I / put it I top / fist.

I'm pleased to meet you, Cheryl. Call me Gary, By the way, I'm very glad
you've been able to come at such short notice .
After that, I you ask Brian from Marketing / go / Heathrow I meet our visitors /
on I morning flight I Bologna? He's already seen them once before. It's due to
land at 16.35 .
Good morning, Mr Coates. I'm Cheryl Wyatt, the temp sent by the agency.
I'm standing in for Antonia while she's on maternity leave .

.. CHERYl:

..... GARY:

Right. Let's have a look then. Ah, now, the most important thing is the cover
for the brochure. It's already behind schedule and the printers have been
screaming for it since yesterday. I you think I you I organize I courier / take it I
them?

Mrs Hogg has a very poor reputation for dealing with her staff and colleagues.
2

I-low should she rephrase her instruct ions to get the best out of people?
What \>lould her colleagues say in each case if they wanted to offer to do these
things for her?
INSTRUCTIONS

a Phone for a cab!


b Close the door!
c Fix the photocopier!
d Buy me a sandwich!
e Bring me that file!
f

Pay this bill!

POtiTe REQUEST

OffER

'9

20

Prioritizing

WRITING
1

Match the pieces to fo r m words which commonly appear in letters to do with bills.

settle g:? ment , g:? will' iQ mittance ,


iQ voice ' 're'=;;o
--=-r=o~u-'t'=i;--=-r
o iQ
===re=a=-rs-"

over ~

I under ;0 iQ sight
;0 ~ Igood- ~

iQ ment ' :-::iQ:-t--'ak=e=>',


=

i=:===---'===;-r===-,

iQ standing

I I pay ;0

'--=------='-'

l over

Stod.""Wclls is a wholesaler wh ich sells pet food directly to dog breeders. Karen Joh nso n,

the manager, has been obliged to write a strong letter 10 a customer with a poor
payment history. Put sentences a-h in the correct order to recreat e her letter.

" StockJllells
Dear Ms Wilkes
1 am writing regarding our outstanding invoice fo r pet food
and supplies.

. '

We now require you \0 seule t hiS second bill


...... wilhin five working days.

However, as of Ihis morning, payment is now


three weeks overdue.
We supplied you with your regular order on
14 january lasl.
In addition, I must also point out.that for <Iny future
d
order ..... e shall require cash 011 delivery.
We are no longer "ble to tolera.le t~is situation. and
accordingl y have issued 11 new nWOlce.
As you know. our normal tcrms of trade are
r
pllyment within thirty days.
We have .. dded a 10% charge to cover our
g ...... adminiSlI1l1ive costs.
This is the fourth lime within six months that you
h
h:\\'c failed to pay on limc.
Wc are sorry to have to take this action. but f~l, under the
circumstances. that we are left with no altcmat",c.

Yours sincerely
I<~ Jc.,,","'J<>'"'

Manager

Study the notcs and write a s im ila r Ic tte r from Mr Bob Marx of Kelso Build ing
Supplics to M r Derm o t C lancy o f JMW builde rs.
!~'--A

TM.yll -

Can )'t;7IJ. ........ile Il (u,1l1 IeIW- 10 JMW b.t.iklers o.boul Ihis u,,,,oice"(
6i....e /hem one leul J.onc.e..
I( we don'l kve !heir &11 pa.ymenl by !l.,js fi.-icb.y we 'n Ink !hem
b >VI.

An W!Tf

disa.~led wiln lhem... We supplied MIlIeria.Is u, ~

u .... ..-c~

b<.;\~ .. ...e....J c....,-r~ (.,~IA'''e


c.~R.t..c\ bo..,..~ .re-t~)

juw

5o-1'1'1;e.d, 1'1"'...... b;,,~ ~i~-r ~ ..........-re-.-i....I., ..

"....t....e..
er . . "e-

. ~).., 00

-\1-..e.-. .....

faith

Aa-i" ""0,e..1

".".,

o....-i;S",,-1

Bob

10"1.

A,-;c..o...,,-r ;.f bill 1"'-'<=\


-ro c\o ~;.,.

~.....

1'",,_,~

i... ..toic.t.- ')e-.-l- !~ f"e.-b.


""Re.-I~ ')e-.-r , ~-n.. "". .
s ..nll

.-e""'.

"D

....-e-1'11.

,..,

21

Globalization
VOCABULARY
1

Complete these sen tences with a ppropriate collocat io ns.

The spending money yo u have, once you have paid for life's basic necessities.
dis _ _ _ _ _ _ _ In _ _ _ _
Area with tax advantages o r incent ives for new enterprises.
z __ _

ec _ _ _ _ _ _ d _ _ _ _ _ _ _ _ _ _
3

A large business with branches in d ifferent countries or continents.


m~

___ _ ______

= ____ _ _ _ _

Place where goods are manufactured.


pro _ _ _ _ _ _ _ f3 _ _ _ _ _ _

An enterprise where companies work in partnership.


J _ __ _ v _____ _

A way of getting yo ur goods \0 the end consumer: it could be a supermarket,

direct mail, etc. d is _ _ _ _ _ _ _ _ _ ch _ _ _ _ _


7

A limited number of top stores allowed to siock your good s.


ex _ _ _ _ _ _ _ ou _ _ _ _

Showing exceptional opportu nity fo r development in the future.


~t

________

______ _

Money you must pay to someone.


fi _ _ _ _ _ _ _ ______ _

10 The future prospe([s for the busi ness and financial world.

ec _ _ _ _ _ _

ou _ _ _ _ _

Replace the words in italics in these sentences with an appropriate fo rm of the verb
take combined with a word or phrase from the spidergram.
1

3
4

6
7

8
9

L'Oreal is trying 10 exploit the world's biggest market. .lakc..ruiYiIIJJagc.oiMultinational companies have to look after their expatriate staff very carefully.
Guess what ! Mrs Smith Il(Is started to practise Tai Chi . .................... .
They participated ill the last strike for better working conditions.
Ant hea lias replaced Graham as t he new market ing manager. . ...._.................
Sales have iI/creased drall/afically since the advertising ca mp3ign.
The part y \\las held in a new Japanese restau rant. .............................
We need to employ more people during the tourist season.
She Ilsed tire occasioll to network wi th prospective customers.

advantage
ca re

of
place

of
off

on

up

over
from
p a rt
m

the
opportunity

22

Globalization

READING
1

WaJ-Mart is the world's largest retailer. Scan the text to find the significance of these
figures.
1

$4bn

31

60%

6.7bn

17%

nine

Now read the text and answer the questions.


1

\'Vh y don't analysIs share Mr Scott's optimism about Wal-Mart 's US growth?

""here does Wan Street think that Wal-Mart's future growth will come from?

How did Wal-Mart become number three in Britain?

What mistakes did it make in Indonesia?

What useful expertise has Wal-Mart obtained from Asda?

\oVhy does Wal-Mart need to achieve greater scale internationally?

How could the acquisitio n of a European competitor help Wal-Mart's personnel


problems?

In tess than four de<adesWal-Mart has


(Orne to account for 60% of Americd's

retail sales and 7-8% 01 tolal


(Oflsumer spending (exduding cars
arid wI1ite goods), Its pre-lax profits
haw grown by 15% over the last
d.ade to $9.3bn in 2000. No other
global relail(1T ((Ime5 dose when
me.a5ured by sates. H lee $(ott (Wal
Mart's CEO) says future growth will
(orne from aggressive new store
openings, plus a Il1O\'e into food and
inlo such Sl!fVices as banking. 'Is there
some reason we couldn', be three
times this size?' Ile asks. However.

analysts WOIl}l about saturation in


America and expect domestic growth
to slow. Wall Street is plnning its hopes
instead on Wal-Mart's overseas efforts.
Founded only a decade ago, the
international division already Mcounts
lor 17% of sales and 11 % of profits;.
Wal-Mart is already the biggest
retailer in Canada and Mexico. It
bought itself the number three
position in Britain with its 6.7bn
acquisition of Asda and is now pushing
into China. But its ventures in
Argentina, Indonesia, and Germany
have !>fen flops, accompanied by
heavy losses. With a presence in nine
countries, Wal-Mart is in fact less
international than other aspiring
global retailers such as France's
Carrefour, which has stores in 31

countries. Most ofWalMart's overseas


problems were avoidable. In the
19905 it made the mistake of
exporting its culture wholesale, rather
tnan adapting to local markets. When
it moved into Indonesia, it shipped in
an entire wareoouse on a barge. Wal
Mart is at least leaming from its
experience. Unlike its small, neM)US
steps into some foreign markets, the
acquisition of AscIa was bold.
providing crucial experience in selling
food. WalMart is also becoming more
culturally astute, evefl importing good
ideas from overseas into its domestic
business.
But Wal-Mart's biggesl problem is
its lila of 'human capital', says
Coleman Petmon, head of personl"lel.
The group has been at pains to replace

expatriates with locals, and every


overseas country leam except China's
is now led by a non-American. Yet it is
expanding faster than it can train
people internally, and has lost highquality local managers to rivals.
This leads to another problem: that
the international division still law
scale.To exploit savings from sourcing
globally, Will Mart needs to make
more acquisitions. Buying Carrefour
would be its boldest move. However,
Wal-Mart is more likely to buy the
hypennarket businesses of Germany's
Metro, worth $4bn. Buying even part
of Metro would bring Wal-Mart Iluge
c.Iout with European suppliers, and
also some more experienced European
managers.
The Economist

Globalization

Match words from the text with these defin itions.


1

large electrical goods for the home, such as washing-machines and refrigerators

what a market suffers from when it becomes so full it can no longer grow

a flat -bottomed boat often used on canals and rivers ............................ .

4
5
6

daring ............................ .
essential
able to make intelligent judgements

nationals of a country who live and work overseas ............................ .


power and influence ............... ..

GRAMMAR
1 Rewrite these sentences using th e words in brackets.
1

Nowadays, we almost never go the cinema.


(HARDLY EVER)

I nearly always take the 7.32 morning train.

After graduating with a language degree, Aidan O' Brien


was recruited by an international bank. He spent two
years t raining at an associate bank in Osaka. Read what
Aidan says about life in Japan. Then use forms of would,
/lsed to, be /lsed to, and get IIsed to to write a list of
sentences about Aidan's experiences.

(AS A RULE)

He keeps borrowing my mobi le.

(ALWAYS)

We don't often have problems with late payments.


(ONLY ONCE IN A W HI LE)

[('s rare For us to sell a lot in the first three mon ths
of the year. (SELDOM)

He could ask them to supply us if there's no ot her


alternative. (A LWAYS)

Complete these sentences using (ge t) !lsed to or wOllld


with an appropriate form of the verb in brackets.
1

When he slarted his new job, he kept arriving late


because be wasn't

.............. .... (gel up ) so ea rly.

They .................... ........ (employ) apprentices straigh t


fro m school, but now they only take on trained
staff.

Once upon a time, customers ............................. (pay)


in cash; now most use some kind of card.
This new system is difficult at first, but you'l! soon

4
5

............ (operate) it.


Wilen I was a girl, there ..
a wide choice of ca reer.

lived in a hostel with


the other male
trainees. As the only
westerner, I had to adapl
to Japanese ways very quickly.
As a child and student, I'd
always had my own room and
liked to spend time on my own.
So al first il was hard to live in
a dormitory; it seemed just like
a boarding school. The trainees
did everything together, and several times a week we
went to a communal bathhouse. At first I found this very
hard, as bathing had always been a very private thing, but
I soon overcame my shyness and self-consciousness.
At work everyone stayed late. Nobody dreamt of
leaving until the last person had finished. It was very
different from working in a western company, where it's
every man for himself and where employees think about
their own personal career. If anyone made a mistake, then
the other members covered up for them or did their work
for them. 1 really learned what teamwork and loyalty
meant. However. at times I did find it hard to have to
show people respect just because of their age and the
number of years they had been working for the company.
Promotion in a Japanese company still depends a lot 00
seniority, you see.

A.i4.(lI.' .!.!$.f.dN..hy.f..i.1! ..(l.l!fW.fJ..\y.i.!h.Il!f:..o.rll~r. ....


wlJ.f.t:..!.IJ!.i U.f.f.J.......

.... (not be) such

23

Globalization

I
SPEAKING
1

When world-famous investm ent specialist Warren Buffet became the head of
Salomon h e gave a speech to the firm 's employees. Read his speech a nd complete gaps
A-F with extracts 1-6 below.
1

... but we want them to get rich through the firm and not off the firm.

... it docs not preclude . ..

I th ink in the end we'l[ be more proud of Ihis company than you've ever been

\ hat kind of firm can come out of th is?

'First-class b usiness in a first-class way:

. . . have the right vicw of ou rselves.

before.

S~~~~~~~~~~;~:~:NOW'

the important thing is that we A.....


If we have [he right view of ourselves,
that will lead to deeds that will eventually
give the world the right view of us....
I don't think we can do any better than to
go back to J P Morgan: 'First-class
business in a first-class way. ' You know, if
you have anything that you think about in
the morning before you go to work, just
repeat that: B...... ... Also, I expect you to
go out and do a lot of business. 'First-class
business in a finlt-dass way' does not
preclude in any way doing a lot of
business; C...... doing profitable business
and it doesn't preclude gutsy business. It
just means that you keep the ball rolling
down the middle of the court. If you lose

deeds
rulil/ess
pree/flde

2
LISTS OF THREE

CONTRASTING
PAIRS OF IDEAS

the rigllt I-ie-.vof


oW'-seh-es (xl); tile
right view of lIS

brave or heroic acts


merciless and unforgiving
exclude

money for the firm by bad decisions, like


I've done plenty of times, I will be very
understandi ng. If you lose reputation for
the firm I will be ruthless .... 0 ... Well,
in that regard I may have a loftier vision
than virtually anyone, because I think
great things can come out of this.... We
have a chance to preserve all of the
strengths of the past and have people look
at us with a ncw cye .... We want people
basically to get rich around here, E...... We
want them to get rich through the stock,
frankly, and that message will eventually
get out to investors and that 's the kind of
thing they want to hear ... F ..... .

' The L eadership M omem' by Michael Useem

gutsy
lofty

showing courage
high

Find examples o f rhetorical devices in Warren Buffet's speech and p ut th em under the
headings in the table.

RHETORICAt
QUESTIONS

OPTIM ISTIC
ENDING

METAPHORS

ADVERBS

I,.

Globalization

WRITING
1 Nadia Henderson and Melinda King have a chain of beauty products shops. They arc
expanding into central and eastern Europe with different European partners and
franchisees. Nadia has been on a visit to Prague to d iscuss the premises their Czech
partners have fou nd. Complete Nadia's email to Melinda with words from the box.

altfiOUgh

yet

POlnte(j out

on the one hand


according to

regarding

the other

while

eo
To:

Melinda King

Re:

From: Nadia Hender son

Prague visit

Dale: June 28

Oear Melinda,
As promised, I am writing to bring you up to date with the discussion I had
with Nevin Havel and Katja Sidor
development.

2 ................ ,

Square is periect, but on


the shop front accepted.
permission,

_.......

................. the Prague centre

they both fee l that its location nearWenceslas

3 .... ... .................


4

..... .......... .

it will be difficult to get our plans for

.......... Nevin we will eventua lly obtain


this is likely to involve lengthy negotiations. As

far as the financial side is concerned, I have discussed matters with Petra
Gruber and Gabor Lukacs.

6 .......

they agree that we should go

ahead, we do need to be much more realistic about costs. They

,
8

................. that the Budapest project was costed carefully, and


.......

even then it finally went well over budget.

All the best.


Nadia

Frances, Helena, and Graham are discussing whether they should translate their
brochure in order to seU their products in Indonesia. Read th eir discussion and then
write a report summarizing their opinions.
It's a complete waste of money to translate our brochure. English is practically
the second language in Indonesia.
GRAHAM: True, but we can impress our clients by printing brochures in their own
language.
FRANCES: And we can put our costs against tax.
GRAHAM : We do need to make sure that our sales literature is culturally sensitive too.
Our translators will help pick up anything that could be offensive.
FRANCES: Yes, I've read that plenty of Western companies have had problems through
being lax about these things.
HELEN A : Fine, but why leave it to the translators? Why not hire a specialist consultant to
help with these crosscultural issues?
HELENA:

25

26

Company culture
VOCABULARY
Complete these sentences wi th words from the box.
authoritarian

malistic

seIf-exp

co....rvative

IiIOrardl
1m

T hese arc creat ive workers a nd we need 10 give them space for _..................

I did everything I could to make ou r business relationship morc fTicndly: dinners,


social events, but nothing worked. I suppose they must prefer to keep the

relationship ............. .
II was an old-fashioned, .................... ,........ fir m, where the boss decided what was
best for everybody.
: anyone can rise to the lOp.

The company structure is extremely ............. .


from the secretary to the managers.

The management structure here is rcally ............................. . People have vcry little
freedom to act o n their own initiative.

He was an extremely ............................. boss. He made the decisions and expected


everyone else to follow them without question .

The com pany has sti ll got a very

culture where staff must wear a

suit and tie.

READING
1

Read th e article opposite, which describes an unusual office cult ure. Then complete the
table which follows it.

Read the article again and continue the sentences.


1

Pay is low, but Caroline and most of her colleagues.

However, perks and holidays aren't too bad; for instance ....................................................

People at the Trust live cheaply by ......................

Promotion in the normal sense doesn't exist, but if you want more responsibility
you have to .......................................... .

Company culture

LIRTING is frowned on. the pay


is poor. but there are some perks
to a job in !I Buddhist office. So says
Clltherille Hopper. who works at the
Ckar Vision Trust. a Buddhist charity in
Manchester \\hich provides videos and
teaching aids for religious education in
schools. !--o r example, where else do you
begin your working day wilh a chanting
ritual?
Ms Hopper, 38, who used to work at
the Tate Gallery in London. says there is
a healthy culture of trust at work. 'First,
I deal with my emails. busincss and
personal. Dealing with personal ~Iuff is
fine. We work hard but no one looks
ovcr your shoulder to sec if you're
scnding emails 10 friends.' she says.

Her job im'oivcs arranging visits to


schools. planning training days for
teachers and organizing trips around the
Buddhist centre. ' I send out letters of
confirmation. make bookings. and
respond to inquiries.'
Lunch is very sociable: 'We always
mt'Cl our friends - we never have
working lunehcs or breakfasts. Buddhists
do not believe in doing IWO things al
once: In the afternoon she does
correspondence. BUI if something
intervenes - a friend recently needed her
bike mending - then it is not frowned on
fo r staff 10 help in office hou rs, provided
the rest of the te;tm does not objcct. ' I
had to move house suddenly and ,\
couple of people here helIX'd me - we all

too k the day off without having to use


our holiday entitlement.' The downside is
that she and her co-workers all earn 60
a week. Most have an altemathe source
of income - a house thai they rent out,
for example, while sharing cheaper flats
with fellow Budd hists. Thcy also get a
900 all0'0wlIlcc for retreats and \.\'Orkrelated training. and eight weeks'
holiday.
' 1 don'l see low pay as too much of a
problem. In fact J live rather well; says
Ms Hopper.. , share with four women
and cat vegelarian food. I mostly shop at
second-hand stores and drop hints for
luxuries as birthday gifts. We believe in
being paid according to our needs r.uhcr
tha n wa nts. although somctimt'S il would
be nice to have a little more."
'We do not take anything unless il is
freely given; so there is no nicking
paperclips or envelopes. ' Sarcasm and
office gossip are not part of the wo rk
culture, and nor is deliberate mrting.
Drugs and drink - anything that clouds
the mind are not permitted.
Similarly, there is no Buddhist work
concept of promotion. but she wants
morc responsibility. 'To be a business
director, you need to be ordained; she
says. 'Training takes six or seven years
aod you have to go on seven two-week
retreats. More responsibility is seen as
part of yo ur spirit ual growth."
The TimeS

IN A TYPICAL OFFICE

AT THE CLEAR VISION TRUST

EVIDENCE FROM THE TEX T

1 You are not supposed


to use email for personal
use.

It is fine to deal with


personal business
during work.

'Noone looks over your


shoulder to see if you 're
sending emails to friends. '

2 You are only allowed to


do workrelated activities
in work time.
3 Business lunches and
meals are common.
4 Employees sometimes
take stationery for
personal use.
5 Flirting and gossip
may be part of office life.
6 Promotion;s usually part
of the company's career
structure.

27

28

Company cu lture

GRAMMAR

Write sentences in response to these situations using cOllld, !Vollld, or sl,ouM.


1

You're at the station and someone asks you when the next train will arrive. You know
that a train normally comes in about two minutes.
JJ!m;.~bmM._~.Q. 1.m.i!I. i.!I.f'--(illip.k .Qft!.!i!J.!IJ~ ........ ...........................

You have been invited to your annual school reunion. Normally you go, but this year
it is impossible because you are too busy al work.

You want 10 leave work I class ten minutes early for an appointment with the dentist.
What do you say to your boss I tcacher?

You are talking to someone who works in another company. They are talking about
supplying an old customer of yours who you no longer supply because they are bad
payers. What advice do you give?
.W~K.l. .~'!f!IY. .i{.~_1!9l!g.{l!J.!IX_b.!!~iu.~ ..iI.!I!. __

You have been asked to organize flights for an overseas conference. Unfortunately, all
the economy class seats have already been sold. There arc some se;l ts left in business
class. Wh;lt do you say to your boss?
tm.(lfm.i4... _

You are tell ing a young child about how people normally dealt with their money ten
years ago .
.~tll-'-.f~dl!.tQ.(qgy_I_\.'I]$.'!~!. {. '!J!.I.oo.l {g/.l.,Y.f.(!u..(lgQ..rn-..it._~.!.Q.tjm.\. Pwp.k.

You arc talking to your colleague about an important order you are expecting. Your
supplier promised to send it to you, but unfortunately it 's late .
.V.l~.l&. ~. J!I!lJ:Iw.Nt;;, .!/.1.t;y.Jo.it1.#!~y. ....

Company culture

SPEAKING
1

Simon Beard is an engineer who used to work in a mine in Northern Ireland. Study the
rules of employment. Then complete th e interview, using appropriate verb fo rms to
express obligation and necessity.
RULES OF EMPLOYMENT
ALL EMPLOYEES TO B[ SCANNED

NO JEWELLERY TO BE WORN

BEFORE AND AFTER EACH SH IFT


REGULAR MEDICAL CHECK-UPS
TO BE (ARlnEO OUT
NO PERSONAL PROPERTY OF
ANY FORM IN TH[ MINE

NO SMOKING
ANYBODY WHO TI\KES MATCHES.
LIGHTERS, OR I<l.COHOL INTO
THE MINE RISKS IN5T"N1

USE OF SAfETY EQUIPMENT AT


ALL TIMES. INCLUDING HELMET,
BOOTS, AND WHERE
APPROPRIATE, SAFETY HARNESS

DISMISSAL

INTERVIEWER: What were employment conditions like in the mine?


SIMON : Well, we 1 ____ .. __ .............. ____ fo llow strict rules. There were safety procedures

and procedures to make sure the workers stayed healthy.


INTE RVI EWER:

I see. So what did these involve?

Well, we 2
.................. to start our shift in the mine without being
scanned by a detector.

SI MON

INTERV IE WER:
SI MON:
3

A detector! So how did you feel about that?

Well we didn't really have a choice. The company would never


.....................

us stay in the mine if they found any jewellery on us. They

were afraid it might catch in the machinery and interfere with the security
checks.
INTERVIEWER:
SI MON:
5

And were you

...............

to buy your own equipment?

No. When I first arrived, I bought my own helmet and boots, but I
.........................

bothered. Everything was supplied by the company. We

__ ___ ____ ................ _to take anything personal into the mine.
INTERVIEWER : I
SI MON:

Oh no! Alcohol and smoking were

INTERVIEWER:
SI MON:

1 ............................

,you see.

Didn't that bother you?

It was nothing personal; it was just part of the job. We were also

see. Not even a nice cold beer?

__ .. undergo regular medical checkups.

Words of more than one syllable can carry stress on different syllables. For
example. employee is a three-syllable word, which is stressed on the second
syllable.
Put these words from I into the table according to their stress pattern, as in the
example.
e mployee
property
jewelle",

employment
alcoho1

000

000
0000
000

employee

dismlssaf
personal
procedures

engineer
machinery
security

29

30

Company cultu re

WRITING
You are a personal assistant in a computer services com pany. and you have just found two
notes which the managing director has left you. Use them to write two global emails to the
whole staff.

:r.

do?t't tki-.,./< tkis dress-dow-K Fl'"ioo.15 polic~ is WO!'"l(i-xa-- . . t.11 wt.l1.


Th.t. otMI'" 00. :! wt.--Kt i-xto tM skownx"". Il...w tMre wen people
wt!-lll'"i-xa--je.ll-xs. Pe.ople. kA. . e ~t to 1A-xde.l'"sh...,d tkAt i.f tke.15 1lYe.
dea1'i""a-- witk tM publiCI tkt.15 kA . .e. to loo/< rellSo")tllbl SNtrt. Ctt...,
re.. i...w e.. . e11fHU!. w.o.At tM poliC is? Th.t. r"1de. is SNtl'"t ~
dress . Pe.l'"kAps
ea-x S1.4a--(tt.st tkAt it is" (tood ide" -toy pe.ople to
/<e.e.p S(hIlt. s"'-'\I'"t clott-...e.s "t t{.-o..e. o-t-tiulJ'v..st ;")t ease. so..e.o-.,e.
i"f"l'"h-xt COIoo..t.S i..., with.o1At ~1'""Mi-x(t .

Mall
To;

from: ....................................

__ ._ .....................

Date:

A few months ago. we introduced the dress-down Friday concept to


the firm . This has been a mixed success ...

:I. kA . . e. bee....,. tk;-x/<i~ "bcn.ct tke. p"1'""i-xa--

pr-oble ..s ke.1'"e.. :! tki-x" we.

.sf.-I..01Ald e....w tke. po1iC11 o.f nse.rved p"'l'"l(i-Xn SfX\US .for 1'!.Ot.'I1Ot.3"e.~-xt.
Sot....e. people do-x't 1-Cse tke... / Il...,d Il lot of 1-CS ea..., co..e. ke.re o-x p1-Cblic
tr"""sport. "Th.e.n t>.n t>. .fe.w people. wM C-4A-x Iffll}1" (tet to war/< ~ Ct>.1'"/
11M :r. tki'M/< we .sko1-tld /<e.e.p " .fe.w spt>.Us .for
"Th.e. nst O.f tkt.
sp"ce.s s{.-t..o1.(ld be. 0..., " .fil'"st-co,....e.--til'"st-se.rveo bt:J.sis/ j $ . i.f 1101-C w"...,t

rke. ...

r'll

spou
""ve to ~et "p e.dll "Th.e ,,",st i"f"""t ."t tk''''~ is
tk.tlt we I(e.e.p tke. c1-<St"""'-t.1'" p"'1'"/<i'Ml}' shictllr -tor c~t""'-t.l'"s. Re. .. i-xd
pe.ople. o.f tr,.,.js. A'Md i.f "'"lr0""e. P"I'"/<s I'M tke. diSt\bled p"'1'"/<i-x3" Spp-us
tMll'll b. clo"'f<d!

--

Mail
TO:

from: .......... _..............................

..._.......... __

Dale:

After great consideration and consultation, we have decided ...

31

Supply and demand


VOCABULARY
1

Choose a, b, or

If we

C to

1Ila/c/1 /

complete sentences.

set I do the price too high, nobody \"ill buy the product.

Their new portable copier fetches / se/ls / priced al just JOO.

The industry watchdog accused the airline of predatory I Cllt I retail pricing over

The price of raw / crl/de / comlllodity oil rocketed in the 19705.

If we want to benefit from economies of elasticity /size / scale, we need to

the C hristmas period .

increase our production .


6

We need to sell 10.000 copies to cover our costs and break el'cn / II/rough / dowlI.

There's nothing we can do about our fixed costs, but cou ld we cut our varied /
variable / variety ones, I wonder?
The problem with skinning / skipping / skimming the market is you can upset

ea rly adopters who paid the top price.


9

Prices keep going up - illj1mioll / reccssioll / GDP is now running at 12%.

10 Three supermarket chains have been prosecuted for organizing a price-fixing

monopoly / C(lrtel / boycott and cheating consumers.

Complete these sen tences with the words in the box.

invaluable
value

pricey
worthwhile

worthy

intless

costly
rewardin

I fi nd my personal organizer absolutely

worthless
riceless
....... ; I'd be lost withou t it.

BMW's takeover of Rover proved to be a

This restaurant's rather ............................. ; why don't we try the other one?

Nursing is poorly paid, but is a socially


ot her ways.

The vase we bought at the auction turned out to be a .....

The painting is ............................. . Nobody can put a value on it.

[n theory, publishing ai ms to add ............................. 10 ink and paper.

I thought the management training weekend was a com p letely .......

mistake.
................. job, and .........................

... imitation.

exercise; it didn't seem to have any aims at all .


9

We have been searching for a replacement for Mrs Thomas but we are finding it
difficult to find a

successor.

32

Supply and demand

READING
1

Read the article about coffee production in Viet nam and find the following
informat ion .
the period which saw a dramatic interest in the price of coffee
2

Vietnam's \vorld position as a coffee producer JO years before the article was
written

Vietnam's position at the time of the article

the area of arabica bushes farmed by Vo Danh Ke

........... ........

the percentage of arabica bushes of overall coffee cultivation in Vietnam

what has happened to arabica production since 2000 ............................ .

Write answers for these q uestions.


1

Why is Khe Sahn's success a paradox?

What effect did Vietnam help to cause when it decided to become an imponant
coffee producer?

According to Oxfam, what has happened in some coffee-producing countries like


Ethiopia?

How have major global companies stimulated the planting of arabica bushes in
Vietnam?

How has this affeCled the life of a simple farmer such as Va Danh Ke?

According to Doan Trieu Nhan, why does Vietnam havc a competitive advantage
in coffee production?

Why does VICOFA think that its future lies in the cultivation of arabica bushes?

According to the article, why is this shift to arabica cultivation not such a
good idea?

Join begin nings of sentences 1-6 wi th endings a-f to form definitions of the words
in hold.
1
2
3
4

S
6

W hen there is a glut of


something ......
\hen we formulate a strategy .
When business is booming ... _..
During a slump ......
When people prosper
If you give something
a boost

a
b

c
d

e
f

it grows fast and it's a good time to make


a lot of money.
they arc successful and earn lots of money.
we make a plan for the future.
production greatly exceeds demand.
you encourage it to develop and go
forward.
econom ic activity is severely de pressed.

!,.

The village of Khe Sanh, a former

Supply and demand

Khe Sanh, who have prospered, and in

battleground in the hills of central

the process prompted a nationwide

Vietnam, is a booming coffee town

recovery scheme. The key to Khe

amid a global coffee slump. During

Sanh's survival is arabica, a pricier

the mid-1990s, when coffee prices

bean than the robusta variety most

soared, Vietnamese farmers planted

Vietnamese farmers grow. A special

coffee beans with abandon. In a

training scheme, whereby big

decade, the country grew from the

international buyers such as Kraft and

world's sixteenth-biggest exporter to

Sara lee teach growers how to meet

the second, helping to create a

their quality standards, also promoted

worldwide coffee glut in the process.

the spread of arabica in Khe Sanh. Va

This week, as coffee farmers and

Oanh Ke, who owns 2.7 hectares of

V[COFA, the Vietnamese growers'

industry officials gathered in Geneva

arabica bushes near the village, says

association. Doan Trieu Nhan,

for a crisis meeting, the Vietnamese

they earned him the money to buy a

VICOFA's chairman, explains that

are pushing ahead with a new strategy

new motorcycle, a television, floor tiles

cheap labour and high productivity

- one that could shake up the market

and roofing.

make Vietnam one of the world's

all over again .

At the moment arabica accounts

lowest cost producers of coffee of all

for less than 5% of the coffee bushes

varieties. So he reasons the solution to

brought ruin to many farmers

in the country. But production has

low prices is not to stop growing

worldwide. According to a new report

doubled since 2000, according to

coffee, but to improve quality and

The plunge in coffee prices

by Oxfam, a British aid group, the

switch to varieties with higher

slump is boosting the drugs trade. In

margins. VICOFA is encouraging

Ethiopia, which produces some of the

struggling robusta farmers t o change

finest coffee, many growers have

to arabica. Mr Nhan hopes the same

uprooted their bushes to grow khat,

factors that made Vietnam the world's

which can be chewed as a narcotic

biggest robusta producer will propel

and sold for more money.

an expansion of arabica. That is easier

Vietnamese coffee-growers have

said than done. Most of Vietnam's

also su ffered because of the glut in

coffee grows in the south, where the

the market. But not the farmers in

climate is not suited to arabica.

33

Supply and demand

34

GRAMMAR
1

Decide whether these sentences are correct (.t) or


incorrect (X).

Join these senten ces using the conjunction in brackets.


Make any other changes which are necessary.
1

The tickets cost just 30. We had to pay 50 fo r


each one. (EVEN TH OUG H)

suffered.

Even though they accepted the goods, they were


three months late.
Its inhabitants aTC poor nevertheless Ihe country has

Thei r transportation prices are high. They arc


extremely reliable. (H OWEVER)

We carried o n supplying them . They hadn't paid


our other invoice. (NEVERTHELESS)

Ou r profits went up. The cost of our raw material


increased. (DESPITE)

Our lorry broke down . We managed to deliver the


goods on time. (A LTHOUG H)

There was a dockers' strike. T he ship was un loaded .


(IN SPITE OF)

Alt hough the supply of o il increased, the price ke pt

on rising . ......

2
3
4

However their exports rose the domestic market

fabulous natural resou rces.

They o ften pay their bills lale. However, they arc o ur

biggest customer. .... .


Despite the country has tough customs regulations,
we managed to export our machinery. ......

SPEAKING
Read the excerpt s from a meeting. A clothes store has been losing market share to its
competitors. Com plete the excerpts with phrases from the box.

talk US throuSh
what you're suggesting
this meeting is to discuss

what you're saying


wouldn't it be gOod idea

.... havenl heanI anyIhinS


do you mind c:IarifyinC ...........
does anyone ""'" anythinS else to add
the point I'm 1rYinII t o _

So ' ............................ the worrying sales figures leading up to Christmas. Jeremy is


going to 2............................. some of the reasons.
JE RE M Y: Well , there is one very simple reason: our priCes are too high,
ARNOLD: I'm not quite sure 3............................. , Jeremy. We've always had cheaper
competitors but we've managed to stay ahead on quality,
JEREMY: Well. 4 ..... is that this is no longer the case, You see, they're
matching our quality at much lower prices by having their goods made in low-cost
labour markets.
ROBERT: ~ .................. _ ......... for me here? Exactly how much higher are UK costs?
JEREMY: Easily 30%, more than the industry average.
U SA: I'd like to hear some other opinions. 6............
..... from you yet, Sebastian.
SEBASTIAN: 7 ............................. to approach some oversea s manufacturers for some quotes.
ROBERT: SO 8............................. is that if we receive some reasonable quotes, we should
consider changing our suppliers?
SEBASTIAN: Exactly.
LISA On that note, I think we've covered all that needs to be said. 9
?
No? In that case, if you all agree, Sebastian. you'll research other suppliers and
then we'll have a further meeting to discuss your findings.
LISA:

Supply and demand

WRITING
lckets.

1 Use the prompts to write sentences describing trends.


1

roc

th,

there I be I dramatic I rise I cost I car insurance I next year

.TJ:wr.t;..\y.i!!.~.lJ..dmwmif. ~.h! . !.~!f..{.wJlfm./:. im.l.frl1!1.g;.t1.t;?;1.~n./:,..............................................._

HDT Pharmaceuticals' J fortunes I increase ' steady' past six mont hs

Today's rumours I Britain's en try I euro I see I sharp drop I val ue of sterling

sales' digital TVs I rise steeply I recently I last year's dramatic increase'
availability of new channels

slight rail I profits I Stomex shares' not as bad' predicted

Complete the text with a variety or verbs and adjectival ' adverbial phrases for
describing movements and trends. The verbs and phrases you use should be similar
in mean ing to those in brackets.

time, egg sales 7 __ _.... __ __ ._. __


(slowly increased) but a lot of
farmers went out of business as
prices " .................................... (went up
and down) due to over-production.
Egg prices eventually 9 .... _.. _... ... .
(stayed the same) but demand
to .................................... (was down).
Farmers responded to the public's

fears by producing eggs in less


factory-like conditions. Sales of more
naturally-produced eggs
11 ...... . _ _ (continuously
went up) in the early 1990s and

eventually overall egg sales


Egg consumption 1 ......~.i?~!ed
(went up a [at) in the 19805. In
addition , prices 2 __ . . _
__ .......... _.
(stayed more or less the same) even
though people had more money to
spend on food. So in real terms,
there had been a 3
(great fall) in the cost of eggs for the
average family. This was helped by
changes in farmi ng practices, which

meant that production

............... _......... (went up a lot),


even if the conditions that hens
were kept in were far from ideal.
Then in 1989 there was the first of
many food scandals, and the market
for eggs 5 . ............ __ .... . (fell from
one da y to the next). After one TV
documentary, sales 6 ... .. ..
(fell) by half in just one week. Over

12 .. __ .. _..... _.. __..... .. (went up slowly)


too. By the year 2000, total egg sales

(were twice as
high) in comparison to the time of
the food scare eleven years ea rlier,
and the public continues to demand
cheap food. Si nce then, prices and
13 ........ ......................... _

production have 14 .... . .. . _


(kept at marc or less the same level).

36

Negotiations
VOCABULARY
1

I
2

Complete these sentences with an appropriate form of the word in brackets.


1

There is never any point in having a .. __ _..


(CO N FRONT)

Sometimes yOll have to make a small ....... __ .... ___ ... __ .... __ . to show you r good will.
(CONCEDE)

Tony is an extremely _.... __ ..................... person who knows how to get what he wants.
(MAN1PULATE)

4
5

Noth ing is ever fixed: everything is ............................. . (NEGOTIATE )


He is one of the most
people J have eveT met. (PERSUADE)

I do apologize for the terrible .................

I am convinced that we can reach a


(PROF1T)

We will seriously consider any concrete ....

...... with a passenger.

which has occurred. (UNDERSTAND


_... arrangement for all concerned.
._. you make. (PROPOSE)

Complete the collocations in these sentences.

2
3

We finally managed to r ~...a. -'... lL a C...Q.1l1...J!...L...Q _11.1.1 -1.1 over the terms of
the contract.
The shop assistant was so rude that James I _ _ _ his t _ _ _ _ _ and
started shouting.
Ever since the price of wheat rose J've been trying to g _ _ 0 _ _ of the

contract to buy two cargo shipments of it, but they won't agree to ca ncel it!
Allow the customer to believe that he is t _ _ _ _ _ Ihe
i _ _ _ _ _ _ _ _ _ by letting him ask a question.

We've b _ _ _ _ a good r _ _ _ _ _ _ _ _ _ _ _ with our suppliers.

It's a real pleasure to do business together.


They were hard negotiations but we finally b _ _ _ them d _ _ _
on the price and paid 50% less than they originally asked for.

READING
1

Read the article opposite abou t different types of boss. Decide whether statements 1-6
are true (T ) or fa lse (F).
1

With a dictatorial boss, you have to show how much you enjoy your job. _..

Bureaucra tic bosses don't know how to deal with unusual problems . .

A charismatic boss strives for personal ambition above all else . ..... .

Consultative bosses need to be liked and respected by their staff. ..... .

L.1issez-faire bosses focus on detail.

It is difficult to gct an abdicatorial boss to make a decision . ... __

'.

-. -

Negotiations

Boss types: how to identify them and how to cope with them

DICTATORIAL
Profile: They are

CHARISMATIC

LAISSEz-FAIRE

charge for a reason - they

Profile: They motivate stall to achieve Ihe

are the best person for the Job - and must

tampan's goals rather than their own. They

therefore tell evef)'one else what to do and how


to do It. They are motivated by the need to win

lead by personal example and they inspIre


loyalty. They are drIVen by the nced to act for the

every argument. They rely on reward and

company's greater good al the expense of

Profi le: Make conscious deCISions to leaye the


staff to get on With iI, having observed thallhey
are working well on Ihelr own. Probably assume
people are working because they want to, and
are selfmotlvated
How to cope: By shOWing Ihal you can be
Il"Usted to get on with It and send regular
progress memos Don't bother them wlIh trlYla.

In

punishment.
How to cope: Always ask their permission

before domg anythlllg and demonstrate thai you


are fullilhng their orders With enthusiasm.

persona l deSires
How to cope: Be enthUSiastiC about their
dreams and show that you. too. put the company
first.

BUREAUCRATIC

CONSULTATIVE

ABDICATORIAL

Profil e. Got where they are today by follOWing


the rules and see no reason to change now lack
ability to take risks. and take responslblllly
seriously. Problems dealt With by referring to the
rulebook.
How to cope By giving them the rules when a
decision is necessary and submitting any
requests In writing

Profile: Highly concerned about establishing


and keeping close personal and emotional
relallonshlps likely to consult staff at every
turn. Afraid of making solo deCISions and prefer
to share the burden of power
How to cop e: By not being afraid to give an
opmlOn and Inyolye them by laking them out to
lunch. or to the pub after work.

Profi le: Do 1'101 care enough to gel Involved with


the staff. leave them 10 II beCCIuse difficult
poSitions have to be aVOided. Staff have to make
decisions and handle problems that are the
boss's responSibility
How to cope: By askmg for formal meetings to
diSCUSS issues and getting permission for
projects where possible

Read the article again. Which type of boss is being described in these sentences?

He was a real inspiration; people would have done anything for him, He built the

company from nothing by getting people to buy into his beliefs . ..................................._
She's a really lovely person and always asks us for our views. But she does get

upset if the staff don't involve her in evenings Oul.


He gives the impression he wouldn't worry if the building burnt down, A lot of
the time we have to do his job for him, I always insist on sitting him down to talk
through decisions, although getting him to have a proper meeting is another
problem, _

I don't think she's ever made a decision without checking it in lhe staff manual.
She's the last person I'd ask for a creat ive answer to an unusual problem,

She doesn't interfere and lets you do your job in your own way, All the same, she
is there if you need her, even if she doesn't like being bothered by lillie things.

I think he's got a power complex; he wants to control everyth ing. If )'ou want a
quiet life, just do whatever he wanls with a smile on your face, BuI never, under
any circumstances, do anything without checking wit h him firs t.

J7

Negotiations

38

GRAMMAR
1

Correct the mistakes in these sentences.


1

If we wou ldn't have given the discount, we wouldn't


have their order.

Match these conditio nal forms to the sen tences in 1.

zero conditional

3rd conditional

1st condi tional

mixed condi tio nal

2nd conditional

3
2

If she would look smarter, it woul d help her get a


better job.

Complete these sentences with an appropriate form of


the verbs in brackets.

If she

................ (act) more reasonably

we ..................... __ ............. (can find ) a compro mise


which suited everybody.
3

If they wi ll pull out o f the negotiat ions, we'll just


have to accept it.

instance, we .... _._............................. __ __ _ (contribute) to

__ __ _........ (you say) if, for

So what
your expenses?

3
4

If he hadn't been so suspicious, we could sign the


contract last week.

in less formal sur roundings.


4
5

... (work)
Negotiations gene rally __ ....................... .
conducted
)
(be
b etter if they ................ .. _._.__ ..........

I ........................ ___ ...... (see) yo u at the sa me time next


... (hear) from you .
week, unless I ................ _
It's a shame you weren't at the meeting. If you

In this company e mployees will h ave to ask their


boss for perm ission if they want to leave early.

....... (go ) to it , things


........ (may work out ) differently.

I wish we'd checked his bank references befo re. If we


._.__ ................... (have), we ..................................._ (will
n ot ) still be chasing h im for payment.

There's no doubt about it, if I .


__ ___ __ (make) a
(run) the company, I .......................
lot of changes. But I'm just the messenger boy.

Continue the second sentence so that il means the same


as the first onc.

o
(!) G
===

Sally was in such a hurry that she forgot to take her


briefcase.
IfSally ........ .

He does n't know the answer. He won't get the job.


Ifhc ................ _............................. __

It's a p ity that we d idn't get the con tract, because


now we're in such a terrible mess.
Ifwe

.,

Negotiations

SPEAKING
1 Lorna from Customer Services is talki ng on the telephone with an extremely irate
customer, Mrs Wallace. Decide which sentences a-o are spoken by Lorna, and which
ones are said by Mrs Wallace. Write Lor W in the first gap.
a

Don't tell me your problems: I've got enough of my own. Why on earth
didn't somebody call me?

Another date! As far as I'm concerned, you can deliver it today or you
can cancel my order.

Oh dear. Do you happen to have your order number, Mrs Wallace?

Once again, I'm extremely sorry, Mrs Wallace. On behalf of


Greenwood's, I can only apologize for any inconvenience you've suffered.

..L.. .J.. Customer Services. l orna speaking, how may I help?


I can fully appreciate your frustration, Mrs Wallace. Would you let me
arrange another date and time for you?

Well, it simply isn't good enough.

Just a moment, I've got it written down somewhere. Yes it's BHY / 8976 .

.W..L

Good morning, my name's Wallace, Mrs Isabelle Wallace. I'm calling


about a sofa delivery. I've been waiting in all morning and it still hasn't
arrived.
That's lovely. I'm just calling your details up on the screen. Ah yes,
according to this, it should have been delivered first thing this morning.

I'm afraid I don't know; I don't deal with the deliveries myself.
I suppose so, I've already wasted three hours. I'll make sure that I'm in.

Yes, I already know that. I've taken the day off work to be here. I'm
extremely cross.
I see, Mrs Wallace. If you bear with me a moment, I'll see what I can do.
Would this afternoon between four and five suit you?

I do understand Mrs Wallace, but unfortunately two of our drivers are


off sick.

Now number their conversation in the correct order.

39

Negotiations

WRITING

t~~ h'~e Agne~ to the manager of a theatre. Then

Read the letter of complaint written b S


write an appro priate reply which shm:s
phrases in the box below as you
can .

lanager s concern. Include as many of the

I was extremely concerned


I hope you will accept my si'~erest
I would like to assure you ..
apologies ...

into die matter dosety ...


on behalf of ...

.......

As a token of our

unfortunatel~

"l"\-.e ma."Q.~

Ctt",et 1""\-.e<I.Iove
;!.~I.-, "3"0..",W1'<""1

ve

0... IBIoI.-, "3"Q.",W1'<""1 :t. v.s'Ioed "l"\-.e C'ffl"",a T"\-.ea.Io


"";101.-, Q. '}...-." <>.f'...,e ............. e
10<> see Io\.-,e ....~ Cy-&e'<' ~o.....t.kev. ()....V ....a.......
_10;...0..10...." -4'<.'<" seet",} I;:\.-,e ....v..s;,..O.O...Sl -.JQ.S 1;:\.,0..1;: il;:
f'ea.Io....... $ Sl;:e#i
a,,,,d me.i "3"<>y"c.e. -/' ..."..... I;:'->e
e

~q-e ~v;e.....~. ~

~o.."d

,....-.11

,8-a."d T"....otst:ed

S<st:ev~

"*' !l",e so--e .r<Sta.~ ~'<"".... \.<>"d<>.... t\.-,e ...<sit


-..,~d a. ~I.-, tv"rp "'" s,t!Vf!'<"a,j. """"'<"$. a."d ...,e
~ 1::<> s-et ...."f' 0..1:: 5--3a Q..-.. i", ..'<"de'<" 1::<> o..,<",<"i...e i",

As

ee

I::"-e flov I::\..,e ....a.1::......

-pev-4'<.v....a.~

:t. M1",'t I::ill y-, "-" d>s<l-~"'I::ed


A.l!Jl .....eve,
l::\.-,eve-4'<.'<"e. ""~ ...e 'iJ-ot to t\.-,e I::\.-,eo..t,<"e ",...Jt to
-/,-..,d 1::\.,0..1:: ~e44'i Nev.J,.Ra.",d Q."d me.i Joy.L-C weve .....t

"*'

~'<" ..........,. 1::\.,0..1:: ~y. ~t'$ ...-'<"e. -&ef'ove


..&-Jc.......,. t\.-,e I::",.has J:. o....<'-t~y l::e.Ilep\""'",ed
...-"'-/'........ Iol.,dt ./fotl.-,
I::l.,dt da.Y

J:.

e><"f'~0..

o..~~

s."'~s

,. Jo,JM

t\.-.e ja..dy ...... t\.-,e

.&e "''''

.a-

to

sta.~

.,#\..c.e -4'<.'<"

~v....a.~,

a."
....Q.1::""" Q.""tev t\.-.e
s\.-.e
ve-p!l.ed t\.,o..10 $'->e dOd.... Io j........... t\.-,e vea..S<>" -4'<.v I::\.-.ei'<"
0...8-~ 'm"l ~v;e.....~ a.",d J;. 'iJ-ot t\.-.e ......" v e$s....'"
1::1.-,0.."

s-et

s\.-,e dOc\,,'t vea...2.2-t .L<J,Ve. a.",d ;,.....st .....a."ted to


v~ ~ v..s 'my .8-.v"\:\..,d.a.y t'<"ea.1:: Io....'<" ....ed "",t 1::0

.$e 0.. ....ea,j. Q."I::.--""!l,.............


J;. 1::1-,i".J.. it's .... ~y """"o"''} flo .... l::\.-.eo.. l:: ...es to
O"f'I?"<"o..te ',,, tl.-,os ...",.y. Q."d 1;:0 \.,o..ve I::I.-,is ..k'",d """
Q.tt~. N.:.t o..Jt d;.\ ...e I;: ...o..d Q. j"",,. <..:AY t o
see t\.-,e ....v..s\.L4.i. .$v.t ...,e oJ.so s-pe....1:: Q. j,,1;: o.f'
_ ....e-t 0 ..... _v da.y ""'t, .flo'<" t\..ea.I::'<"e t",.ke l::s Q.....d

tvo..d. 'vJe $~ ,LC't"l::o..i"jy I::I.-,.,..J.. ........'<"e.f'vJl!ly


.$ef-o'<"e Q. .........."',.....'} o....... y .f'u.t....'<"e ~ t<> y__v

t\..ea.tve.
'vJe ~ tl.-,o..\:: y__ ...;.ll ~ tl.-,is ....a.I::Ioev y--'<"

.L<I.v~

o..tte....t..."'. Q.",d .'" d<>'''''}

......t<> ...-V\$ide'<"Q.\::......... t\.-.e

d<sa.~"'t....e....1;: .L<J,......se4.

.$0,

.,.....-"'...e....;e...,...:.e

...,;.i.Q to...ke
Q.",d

Cygnet
Theatre

will ...

Staying competitive
J
n

VOCABULARY
1

Complete the text with a n appropriate fo r m of the words in brackets.

l\ lanagemcm

1 .......... ..

(consult) is a growing business in times when many

companies suffer from a lack of 2............................. (compete). T here arc fi rms which
__ , (recruit) or marketing, although rhe most prestigious
specialize in J ." ...
concentrate on strategic planning. This may involve advising fi r lllS O\'cr mergers o r
4 .....................

(acquire), or whether or not to follow a policy of diversification.


__ (coosu1) can spend months examining the business and

A team of 5
gathering market 6....
j\lthough all employees
are often

____ . (intelligent), and develop different scenarios.


afC

7 ............. ....... ... .. ....

expected to co-operate throughout the process there

(rival) and office politics to deal with . TIlis can make the

job of an)' person from outside the company 8 ............................. (stress), although the
profession is nOt without its compensations! Top practitioners can command a
high salary in return for their 9 ............................ (expert) and commitment.

Look at these sentences and decide whethe r the words o r expressions in italics are
describing successes (5), or failures (F) .
1

There must have been a breakdowll in comm un ication; I never got your

message. ......
She's a realllig/! flyer, she'll probably be running the fi rm in a couple of years.

<I

His cunning plan backfired and he was given the sack. ......
I'd like to thank everyone who worked on the launch. It WC/lt like clockwork.

Scien tists have made a breakr/!rollg/! in the quest for a cu re for this terrible

disease . ._

Match the words and expressions in italics in 2 to these definitions.


1
2
3

had the opposite effect to the one intended


............. _..... .
an important development which usually comes after a period of d ifficulty, or a
long wait ............................ .
a dynamic and ambitious person who may have a bright and successful future

<I

worked perfectly and according to plan _.

a collapse or failure which prevents further progress

What message?

42

Staying compet it ive

READING
1

Hamleys is Britain's most fa mous toy shop. It is located in the West End of London.
famous for its theatres, expensive shops. and department stores. Read the article and
complete paragraphs A- F with these init ial sentences.

2
3
4
5
6

Mr Bu rke brought back the basics of retailing with a focus on range, value,
service, and the store environment.
The success of The Bear Factory will help reduce Hamleys' reliance on the
flagship sto re.
Two weeks before Christmas and Simon Burke, tbe chairman of Hamleys, is
strid ing around Brit ain's best-known toy store looking anxious.
Indeed he has strong views on the toy industry including the faet thaI many hot
sellers are not up to much.
' [ used to play games like Diplomacy and war games (as a child).
Services like VIP shopping have been introduced, as well as a home delivery
service.
8 _ . [ th ink that with the degree of
branding that is prevalent in the toy
industry. the adml playing Quality of the
item is often overlooked. You'lI get what
a re sometimes Quite poor toys that will
sell very well because they happen to
have the right brand or because they are
supported by massive advertising:

A _ This is a make-or-break time for the


company which makes nearly all its money
in the last three months of the year. But
you realize that he doesn't look half as
anxious as some of the shoppers. 'When it
gets close to Christmas Eve people will,
within reason. buy just about anything,'
he says. Hamleys is enjoying a renaissance
under the 43-}'Car-old ;'Ir Burke but the
former Virgin executive who joined the
finn two years ago, is no starry-eyed kid in
the candy store.

C _ It was all strategy games, rather


than games of chance where there's lots
of dice-rolling involved.' The fo rme r war
game player has needed all his st rategic
skill to revive the fortunes of Hamleys
which was an under-invested has-bee n
when he was brought in two years ago.
With four chief executives in the
previous four years the business had
become confused. And the acquisition of
Toystack, a chain of shopping mall toy
stores. had proved disastrous.
D _ He has cut out cheap rubbish and
put in more own brand products
including traditional wooden toys. 'And
we have more big-ticket items such as a
16,000 4x4 mini car with a petrol
driven engine. [ don't expect to sell
many of them. but we're the ultimate toy

store so we should have the ultimate


toys.'
E _ Hamleys has also started an
expert hotline where customers can ask
questions about specialist areas like
model rai lways. Prices are more
competitive and the flagship store has
been gi\'en an additional 2.6m
makeover to make it closer to the
fantasyland it should be. Meanwhile the
fai led Toystack stores are gradually being
turned into branches of The Bear
Factory. which sells custom-made teddy
bears with voice-recorded messages.
F _ It will also cut the group's reliance
on tourist,spending. All of which brings
Mr Burke to an issue he clearly feels very
strongly about. It is the decline of
London's West End. 'It is quite a
challenge to trade in the West End now.
Time was when people would have given
anything for a West End site. But now
you have to ask some questions. There is
a fundamental t ransport problem and
there are an increasing number o(
alternati\'e5 with free parking. The West
End has to pull its socks up.'

Find wo rds and expressions in the text to match these definitions.

a crucial period determining success or failure .


a naive child

3
4
5

a sweet shop ..............


products which are selling extremely well
cubes with dots used in a game of chance .

6
7
8
9

expensively-priced goods ............................ .


a complete change of image .................. _... .
the most important of a group of shops
make an effort to improve performance .

Staying competitive

Read the text again and answer these questions.


Why are the weeks before Christmas so important for Hamleys?

What theory does Burke ha\'e about the success of some toys of poor qualifY?

What connection does the writer make between Burke's chi ldhood hobbies and
his actions as a manager?

How do we know that Hamleys was in a poor state before Burke arrived?

What is The Bear Factory's USP?

Why is The Bear Factory so important for the London store?

What worrying key issue is beyond Burke's control?

GRAMMAR
Complete these sentences with an appropriate form of the
verb in brackets.
1

Generally speaking, I like

...... (sort out ) my

expenses once a week.

' [ hope you remembered ... __


'Oh no! I mean t
I forgot .....

____ .... (fax) that report:


(send) it, but in the end

.............. (do) it.'

When the computer crashed, it meant ............................. (reinstall) all the software.

"

She began her career


.................. (fill ) shelves but then
.... (become) Managing Director.
went on

I'm not used 10

..... (speak) in public so I need

..................... (practise) my presentation.


6

The last time I used my card? Well, I remember


............................. (use) it .

__ (pay) for some petrol.

... (smoke) is banned throughout the building.

We've tried
___ .. (relaunch ) and .
(rep.lckage) the product but nothing seems
(work).

That's the office where I used . _____.... ____....

(work).

43

Staying competitive

SPEAKING
1

Use the prompts to form the introduction to a presentation.


Good morning everybody. As you be I aware I object / today's meeting I be 1 10
presen t I results l our research I share our thoughts with you. First I aliI I I outline I
company's current position I talk you through I facts . Afterwards, I I propose I urgent
aclion l should take. Finally, we I put forward f suggestions I mediulll term I explore I
alternatives. However I before I begin. J like f thank you ali I your co-operation. [
know I I speak I behalf I my entire group.

Rearrange the words to make sentences followin g on (rom the int roduction in 1.
1

what - so - important - can - this - we - lessons - learn - from?

will - through - talking - strategy - Cathy - you - be - our - medium-term.

latest - going - we - right - are - to -start - running - the - through - by results.

attention -

brings - scheme - us - this - topic - to - the - the - pension - of.

start - the -let's - by - we -looki ng - at - fact s - and - shall - figures?

I -like - to - head - YOll - would - communications - of - hand - to - ourCathy Black - over.

if -look - so - ha ndout - eight - you - would -like - graph - to - the - aton - page - of - the.

graph - you - see - further - can - two - this - features - reveals - asencouraging.

J-

like - statistics - four - would - draw - to - your - to - key.

10 time - turn - most - now - our - to - its - recommendations - important - to.

WRITING

Staying competitive

The Bloomsgrovc corporation has a residential training centre for employees. It receives
ISO people at anyone lime. There have been complaints about the catering and a
committee has been asked to come up with ways of improving the service. Using the
notes, write a report on the committee's findings under these headings.
Title

Back round

Recommendations an

CKrYeiM" S.~tKt:l tt.DII\..

Cow.w.~ttee fo~

6v'eruol".t l1as. to tat

Fi)(lA
-

sa~ l".\.taL. No

~aL tt.~. wa~ttt'

~ten...g

,,

to !..oaR tv..to COI%-pLai.lo'I.ts about cateti....g.

services aye

ntVl.

el1oke.

'I

seYVice - ca ..... be veru sLow.


btj 'BLoow.sgrOV't ew.pLo\::jus.

CoI%IMi.ttu gave qKtsti.w"l".&Iirts to 600 parti.c.t.'P"III.ts.


oLd-fasr.~v...u(

(.1M

SOl<\<..tti1i.~ w-oye

'M~

"'0

f.v.d

v.o..t~

fD~"L

tau tya i.twv...Ql Qtv.ws'Pi1eyt,

50~

wav..t

i.....fo~j;lL; 1.~ 'AOv..' t RMWS'.


K.....i:w.agi.v...&tti.ve. ti1e rest thi.v..k i.t's OK..

vegetllrial'\S were il".terviewed . Net;lr\.u t;lLL foK~ the v~ett;l~1I\.. ~II\..K

KlI\..tlcceptt;lbLU poot:
people of ~t.ffen:v..t v..&Itt.Ov..&lLi.tl.ts thoKght the CQolci.....g ~ t oo 'B.tit~l1.

30

,,(

("\

(r("("(

("("(<<

\,

PosSt.bt.Lt.tt.es.
- CcKLd sKb-cov..tyt;lct senlt.ce. Cl1tr.rptr; bKt wl1t;lt t;lbOKt qKt;l utU?

"St;l~

'- '-

foy moyt;l!.t

to n:l'I.<.ove ct;lteti.....g stt;lff?

FtA-Ll Ct;lv..tUIl\.. stnlict. l>t:opt.e qKeKe t;l~ ,,"-t;lRt chowe t;lt couv..ttt: Mon: cl1oiu,

but couL~ Ct;lUSt LD.....g qutues.. Not s'Pecit;lL eVl-Ot-tgkJust Li~ scl100L ~t;lts. Wt;lste
offoo~.

Ccl"-till\..Ue wt.tl1

s,,~

--

people fill ill\..

~I'\M.

situt;ltL.oII\... piffUKlt to senle

ct;lm t;lt

~i.ffen:1"-t

tUl'es. of ~t;ll.

begill\..~.....g ofWU~?

COI%I'I.<.i.ttu's sugges.ti.ovw;

of CQUYSt.

f-t"Vt t;l fo"""-,,l ~t;lL t;lt b egi.II\..~.....g t;l~ e~

tft;lVt t;l clll"-tulo'. StrVi.ct wt.tl1 stpt;lrt;lte St;lLa~ t;l~ St;l~Wt.e11 bt;ly fo y Li.ght

L\.I.lI\..Cnes. I ~t.II\..~YS.
- ALwt;l!js offer t;l vegttt;ltit;lll\.. not
As~ 'Pt;lrtl.et.'Pt;lV\ks to fiLL

ill\..

~t;lL.

~I'\M. YeqKes.t t;l~ ~it:tt;l'11 req\.l. t.n:~V\ks 010'.

t;l'P'PLi.c"tt.olo'. fo"""-. S-I%t;li.l fon% to t;lLl tl%pLD!jus.

REPORT
The future of catering at the Bloomsgrove Training Centre

46

Fair exchanges
VOCABULARY
Use the clues to complete the crossword.

The part of the ship where 16 down is

Down
1 The system of mOlley used by a countr y.

kepi.

Items which are bought and sold.


A documentary lettcr of ...... _
Which is the shortest
... to
London from here?
Desert traffic.
Businessman of the past.
A large number of boa ts which travel
together, or which are pa rt of the same
orga nization.
Objects carried by road, rail, or air.
A trade association formed by Soulh East
Asian nal ions.
A ship used to transport petroleum.
A large boat or shi p.

The part of 5 down where ships stop to load and unload.


A bill of ............................. proves that so mething has been put on
board a ship.

Liverpool used to be an im portant trans<ltlantic .............. ..

Goods which have been sent, but which have not yet arrived are

Across
2

6
7

11
12
17

18

"
21
22

.,l

f-

-"

"

20 An abbreviation fo r the European Union .

.---

.................... ........

16 Goods transported o n a ship or a ircrart.

.---

f-

in
10 A machine for lifting cargo on <lnd off a ship.
12 Word associated with the sea.
13 Large rectangular box which has revolut ionized international
trade.
14 A trade association of North American countries.
15 If goods are not transported by sea or air they may travel

"'
l-

"

"

f-

f-

I"
f-

f-

'-

f-

"
f-

"

r;;-

f-

ff-

L-

I I

II

L-

Fair exchanges

READING

Read the article and answer these questio ns.


1

\ho are the following people?


a Yves Carcel1e ....... "........ _____________ _.............. _
b

Tikka Shatrujit Singh

c
d

Melanic Flouquct ........................................................ .


Vivian Hung

Marc Jacobs _

Where does LVMI-I 's name come from?

In which order did Louis Vuitton open, or does he plan to open , stores in these
countries?
China

South Africa

Russia

Put these four markets in order of thei r importance to Louis Vuillon.


China and Taiwan

Japan ......

Bagging some new markets


Indian aristocral:5, business leaders, and
BoLLywood stars turned out in force last

March at a glittering reception for an


exhibition of antique Luggage used by
Maharajas. But the luxurious steamer
trunks and cases for swords and turbans
weren't on display in a historical museum.
The setting was Louis Vuitton's newLyLaunched New Delhi store, its first outlet
in India.
Vuitton's move into India is part of an
expansion that over the past decade has
doubLed the size of its retail network to
318 stores in 51 countries. Besides India,
it opened its first store in Russia last year
and wiLL soon move into South Africa.
Tapping new markets is essential to

US

India

Vuitton's drive to maintain double-digit


sales growth. And it helps reduce Vuitton's
dependence on Japanese customers, who
account for more than half of sates worldwide.
Vuitton isn't the only luxury group
eyeing emerging markets, but it tries to
stay ahead of the pack. In his Paris office,
Vuitton chief Yves Carcelle keeps a photo
of Nanjing road in Shanghai, which was
clogged with bicycles in 1992 when
Vuitton became the first global luxury
group to open a store there. Today, the
street is thronged with cars and is the
main artery of a bustling business district.
In fact, about 8% of Vuitton sales are
made to mainland Chinese customers. That
includes clients at nine stores in China, as
well as Chinese tourists shopping in other
countries. Once again in India, Vuitton is
the first major lUXUry shop group to set up
shop. 'We have one billion [Indians 1 who
are just waiting for us: CarceUe says.
Yet entering a new country requires
painstaking groundwork. Carcelle sent a
team to India in 1999 to meet Tikka
Shatrujit Singh, a young aristocrat who
was the advisor to Vuitton's parent LVMH
Moet Hennessy Louis Vuitton in India,
where it was selling Champagne, cognac,
and perfumes. Singh introduced them to
wealthy businesspeople and socialites.
'There was nothing available in India for
the rich to buy. People were flying to

London, Dubai, Sin9apore and New York to


shop; Singh recalls. Within a year, Vuitton
was scouting for store locations, finaUy
settling on retail space in Delhi's luxurious
Oberoi Hotel. The company expects to
open a second store in Mumbai this year.
For Vuitton, these store openings
serve a dual purpose. Of course, the
company hopes to draw crowds of
shoppers. But just as important, the
outlets, and the publicity they generate,
help to raise the brand's profile with
people who may end up shopping for
Vuitton when they travel abroad. Londonbased analyst Melanie Ftouquet of J P
Morgan says that within fifteen years more
than 100 million Chinese will go abroad
annualLy.
That's why Vuitton plans to open four
more stores in China this year. The
company says mainland China and Taiwan
together are already its third largest
market behind Japan and the US. And
there are some serious shoppers out there.
Vivian Hung, a 34-year-old Hong-Kong
native who lives in Beijing, is a devoted
Vuitton fan who owns a collection of
handbags and the Latest ready-to-wear by
Vuitton designer Marc Jacobs. 'Other big
brands Like Prada and Gucci are very good,
but I choose Louis Vuitton; she says. With
clienteLe Like that, Vuitton Looks set for
even more globaL growth.
Business Week _ _ _ _ _ _ _ _ __

Fair exchanges

48

Now read the article morc closely a nd answer these questions.

Why is Lou is Vui tton following a policy of opening new stores in emerging
markets?

How has Shanghai changed sineed Vuitton opened its siore there?

What steps did Yves Carcelle follow before opening a New Delhi store?

"''hat aff' the {,"'O main reasons for Louis Vui tlon opening new stores in countries
like India and China?

Find the word in italics in the text a nd decide whether definition a, b, or c is the
closest in meaning.

a old and boring


glitterillg
a exploiting
tappillg
a free
clogged
a fast
thronged
a lively and busy
bustlillg
pai,Istakillg a uncomfortable

scollti"s for

2
3
4

a guiding

b bright and glamorous

c dark and mysterious

b hitting

c ident ifying

b blocked

c empty

b closed

c crowded

b fast -growing

c loud and threatening

b cruel

c careful

b searching

c find ing

GRAMMAR
1

Complete these sentences with an appropriate form of


the passive. Then write a sentence to explain why the
passive is used in each case.

Rewrite these sentences in the passive.


1

We are exporting more and more of our goods to


Sou lh East Asia.

Oh no! My wallet ....

. .M.m:t;.J~u!'{. !!.!9.r.f;..Qfm.!r.g~.(l.~ .bri!.lg .~pgl1.W. If}....................

(steal).

.S9.!!lh.&w.I.\,OO, ....................................
2

They'll have finished the paperwork by this evening.

(open ) by the mayor.

BeCore we supplied the goods, someone should have


checked their bank references.

The goods . .. ........................... ......... (then transport )


to our central warehouse 80 km away.

Officials from Customs examined the container's


contents.

Something .. ........................... ............ _ (should do)


about this problem right away.

Wi th the Internet you can track your consignment


every kilometre of the way.

PorI officials made our ship wait three weeks for


permission to dock.

The new Science Park

"'

49

Fa ir exchanges

SPEA KING
1 Euan McLeish is giving a guided tour of a whisky distillery. Complete his
introduction with words and expressions from the box.
'd IIIre to say somethmg

afterwards

nobody has any questions

I'm lOing

as you can see

as I'm sure ou know

before

K Y'1!!'d Hke to

round

Good afternoon evcryone,

.......................... __ the Glenbrook distillery


..... you all a very warm wekome. J\ ly

name is Euan McLeish and

3 ............................

to be your

craft. Now,

us arc the instruments of the distiller's


7 ....

8 .............................

.._.....

we begin our

(OU f ,

aoout the history o f Scotch whisky

guide today. The visit will take about fifty minutes, and

and its production.

............................. you will have the opportunity to


sample some of our fine products and to try and resisf

comes from the Gaelic language and means the water


of lifel Now,

the many temptations of the distillery shop.

11 .............. ....

........................ .... , we are standing in the visitors' centre,

which was once part of the o riginal distillery;

9 .... _ ..................... ,

1(0 .........

the word 'whisky'

the first exhibit. I'll

the basic process o f making this mOSf

magical of liq uids. So, if

12 ......... ........... ,

I'll begin .

Using the d iagrams to help you, reorder these sentences to form the rest of Euan's
presentation of the whisky-maki ng process.
The (ermenta tion process converts the mixt ure into someth ing like beer.
Afterwards, this liquid is transferred to a fermenti ng container and yeast is
added.
You see, the wood of these casks is where the whisky gets its colour and
character from .

M00

Once it has started growing, it is dried in an oven which uses a natural fuel
called peat.
This is because many of these barrels have already been used to mature
sherry or other alcohol.
Let's begin , shall we? Right, basically, malt whisky is made from malted
bartey, water, and yeast. First of allihe barley is soaked in waler from our
stream for two days. It is allowed 10 Slart growing.
g

The smoke from the peat rises up and dries out the barley, giving it ils
distinctive flavour.

Once distillation has finished, it goes into specially selected oak barrels to
age.
This water and barley mixture turns into a sugary liquid .

.n
k

Finally, all there is to do is wait. After a minimum of three years it can be


legally defined as Scotch Whisky, but most whisky matu res (or five years or
more before it is bOllled.
When the barley is finally dry, it is ground up and mixed with hot water.
Next, this beer-like mixture is distilled twice.

barley a type of grain used to make whisky


(Iistil the process of turning liquid to vapour, and then collecting
the drops or liquid rrom the vapour which has cooled
yetlst the living orga nism which helps bread to rise, and alcohol to fermen t
fermentation the transformation or suga r to alcohol through a chemical reaction

[J)[J)[J)

50

Fair exchanges

WRITING
1

Read the text about the advantages fo r exporters and impo rters of pricing goods in
different currencies fo r export. Make notes of the key words and ideas.

or exporters, the big advantage of

pricing in their own currency is that


F
they d on"t get caught out by changes in
the exchange rale. Generally speaking.
most of an exporter"s costs will be in his
own currency, so it's always best to usc
this 10 price goods. The danger of
pricing in the importer's currency is that
if this suddenly devalues. the exporter
will receive far less than expected when
the sum is converted into his own
currency_
Importers might also be worried
abo ut the possibility o f a big change in
the exchange rate between the time of
placing an order and paying the invoice
for goods priced in fore ign currency. In
particular. importers who live in weaker
econo mics where currencies fluc tuate
need to proteet themselves. The safest
way of doing this is for the importer 10

I
2

Pricing goods for


import / export

contact 11 bank and fix the price of the


currency at the start of the business
deal. The importer will have to pay
some fees and a special exchange rate
for this service. which is known as
bllyingjonmfll. Of course, if the
currency in which he is buying then
weakens he will lose out, because he
could have paid less for the currency
than he needed. However, the reverse is
a lso true: if the importer hadn't taken
steps to buy forward. and in the
meantime his own currency had
weakened. then he could have ended up
paying a lot more,
Quite sensibly, most businesses
don't want to play the currency market.
It is a huge gamble and an unnecessary
risk to take. This is why exporters tend
to price goods in their own currency.
and importers prefer to buy forward.

Now tur n the no tes into an eye-catching poster p resentation in the space below.
Decid e wh ich of the following style features you want to adopt.
arrows and flow , harls
key words and bullet points
memorable illustrations
headings, o r questions which you thcn answer

..

51

Human resources
VOCA BULARY
1

Complete the puzzle. Find the myster y word: a letter yo u write for a job.

7.

" 1

I' 1 1 1 1 1

1 1

/
5
6

,
,
I" 1
1
2
3

4
5
6
7
8

"

Something which is difficuh but satisfying is ... _...............


Opposite of temporary.
A stage in your career which may not be exactly what you want to do, but which
is a step in the right direction. (two words)
A financial lemplation to attract new graduates. (two words)
Involves a question and answer session .
Somebody who is chosen for interview.
A positive one is essential for job-hunters.
Deserves the time and cfforl spent on it.

9 Describes somebody you

Gill

depend

all.

10 It is important to do this if you want to m<l ke new contacts.


11 To find promising new recru its by tempting them away fro m other companies.
2 Match an expression 1-4 to the situation it best describes in a-d below.
1
2

headhunting
stepping stone

Hello, is that Ma rjorie Howard? If I could just have a minute of your time. This is
Jerry Molloy ringing from IVS recruitment. Now, I know that you're probably
happy in your present job but I have a clien t who is looking for someone with
your skills and experience.
I've heard that you're looking for a new driver; well , m y nephew Larry is looking
for a job. He's a really good boy. Would YOLl like to meet him?
I've really got to leave this place. There are no opportuni ties for promotion or a
better salary. There's no future in it at all.
\'\'ell , she only stayed for six months. She jllst wanted to get experience in
logistics before mov ing on to another com pany. She just used LI S, really.

b
c
d

3
4

pulling strings
dead-end job

NS
, . RECRUITl1ENT

52

Human resou rces

READING
1

Read the art icle about writing a CV a nd connect the opinions below with a person
from the text: either Margaret Stead (MS), John Richardson (JR), or Nic Owen (NO).
1

The person reading a CV may not laugh at the same things as you.

Students often don't present themselves as well as they could . ..... .

A very short CV can be effective and m emorable.

Job applicants may need to present their experience in a creative way.

We should match our achievements to the job we are applying for.

CVs which include tricks just to be noticed are irritating.

CVs of more than two pages are probably

Who you really are shou ld come out of your CV. ..... .
your potential employer is looking for
and then match approximately five from
your portfolio.
If you're going for your first job, you
might not feel you have five
achievements under your belt, but it can
be just a question of looking at your
experience in the right way. 'lots of
students undersell themselves,' says John
Richardson, careers consultant at
Manchester University. 'When they say
they've done nothing you want to
scream at them. You've worked in a bar
on a Saturday night in Manchester?
You've got experience handling conflict.'
The same applies to any attempt to
make your CV stand out from the
crowd. When it comes to quirky
touches, 'Do it for a reason,' says Nic
Owen, account director at advertising
agency M&C Saatchi. 'If there's a reason
for it then it can be powerful but
gimmicks for their own sake are
annoying.' Ms Stead fondly remembers
a CV that turned up with a tea bag
attached and an invitation to 'have a
cup of tea while you read my CV!' But
she agrees that you can't rely on the
person who reads your CV sharing your
sense of humour. As a general rule,
Stead says, tricks like printing your CV

'Writing a 01 is like eating an elephant.


You have to do it chunk by chunk: says
Margaret Stead, CEO of careers
consultancy careersnet.com. She feels
that all too often we take a daunting,
one-size-fits-all approach to compiling a
CV. When it comes to CVs, the key is to
make it relevant. Ms Stead recommends
that, rather than writing a generic
chronological CV, you should build up a
portfolio of achievements. When
applying for a job, identify the
achievements that demonstrate skills

100

long.

on neon yellow paper are 'wrong,


wrong, wrong.'
What about length? Must you keep
everything on one page? Is it OK to
stretch to three? Mr Richardson feels
that two pages are pretty standard for
the UK, and that busy recruiters won't
read anything much longer than that.
'The key is to be pithy' says Mr Owen, 'I
saw a CV recenUy that was so simple. It
was about 10 lines long. Just: I went to
this university, I'm interested in these
things, I want to work in advertising for
these reasons. It was very impressive.'
With all this, you're probably
running out of space. The good news is
that you don't need to include
references. It's perfectly acceptable to
put 'references available on request' at
the bottom.
Mr Owen also thinks humour can
help. He says it's important to let your
personality come across. 'People think
they have to be so serious. You
shouldn't be flippant, but the best CVs
are the ones where you warm to the
person. In the end you just have to be
yourself. If you lie about who you are
now and get the job, you will have to be
that person for the rest of your career.'

The article includes a Jot of advice about what the person reading your CV is looking
for. Mark these statements true (T) or false ( F), according to the text.
1

The first thing potential employers want is information about you from your
prevIOus company. . .

A CV doesn't have to be completel y serious . .

Employers arc looking for people skills as much as hands-on experience . ..... .

Potential employers want as much information in the CV as possible. .

Human reso urces

Match words 1-6 from the Icxllo definitions a-f.


chunk

lacking seriousness for an important or serious mailer

something unusual and fun

daunting ......
portfolio

discouragingly difficult o r challenging

pithy ......

a large thick piece cuI from a larger piece

flippant

a collection of examples of work or achievement

quirky _

short, memorable and 10 the point

'.

Match sentences 1-4 with definitions of take offa-d.


I'll take ofT 5% if you pay by cash o r cheque.

Sales took off after the advertising campaign.

The plane took off half an hour latc . ...... .

J'm going to take a couple of weeks off.

have a holiday

suddenly increase and become popuhu

deduct

leave the ground

Rewrite these sentences replacing the words in italics


with a pronoun. You may have to change the word
order.
1

He really took in tile imerviewers wilh his clever


talk.

Hang o n to your ticket; they may ask you for it


later.

Look at the sentences in 1. Decide whether take off is


transitive or intransitive. Write (n or (I) in the second gap.

Match the phrasal verbs in italics to their synonyms in


the box.

refuse
have a relationship
compensate

H.t;.J.t;.Q.!!y ..((J.g.~ ..t.l!.I;.{!!..i!.!..\y.i.~!J. .hi$. . r;/!';.l!.f.[..W.!k..

deduct

GRAMMAR
1

53

go upwardS
continue
mention
lower the volume

.""""

It's time we paid off our debts.

We need to sort Oll t the problem before the


weekend.

raise

AI last! Sales have sta rted to take off. .... $!J.!m.!'POOL ..


1 might consider your offer if you fake off the delivery

charge.. .................... .
Slap talking and get all witll your work . .

How are you getting 011 witl! your new boss?

She tlmlcd the job dow" because she got a better offer.

We should iJring Ihe mailer liP al

They've made lip another excuse for the late delivery.

Can I leave early today? I'll make up the time next

Could you film dowlI the TV, I'm trying to sleep.

Oll r

next meeting.

week.

10 He was brol/gllt lip on a farm in the countryside.

I'm looking forward to our IIext meetillg.

54

Human resources

SPEAKING
1

I
2

Keith Rickman is being interviewed for a job as a manager in Customer Services. Rearrange the interviewer's jumbled questions.
1

yo u - in - see - what - time - doing - yourself - years' - do - three?

the - made - is - mistake - w hat - you - worst - ever - have?

deal - you - would - rather - customer's - with - a - yourself - problem?

you - think - is - that - do - right - the - customer - always?

new systems - well - how - think - with - you - you - cope - do -lea rning?

is - there - like - you - anything - would - to - us - thaI - ask?

has - prompted - what - to - job -look - you - for - another?

would - is - you - telling - greatest - u s - what - mind - you r - weakness?

Complete the interview with the questions from 1.


?

INTERVIEWER; Tell us, 1 ............................................... .


KEITH:

Well, basically, I have enjoyed working in myoid firm and have learnt an

enormous amount, but now I'd like a new challenge and a position in management.

INTERVIEWER: 2
KEITH:

Mm, taking things too personally, I suppose. I really hate it if a customer goes

away and I haven't been able to help her or him.


INTERVIEWER:
KEITH:

So,

3 ........................................................

INTERVIEWER: ' ....................... __ ..............


KEITH:

No I don't, but we should remember that the customer is always the customer.
.. . or let someone else handle it?

I get a real buzz out of solving a customer's problem, but as a manager you've

got to take a wider view and trust your staff to deal with it just as well as you.

INTERVIEWER : S
KEITH:

I don't think I've ever made a disastrous mistake at work. But on a personal

level. I think it was dropping out of university before I graduated.


INTERVIEWER:

We have quite a complex information system here.

KEITH: With the right support, I am confident I could find my way round it quickly. We
had many different databases in my previous firm.
INTERVIEWER:

And finally,

7 ...................................... .

KEITH : Well, that's a difficult Question, but I think I'd like to move into the coaching and
training side. I like sharing my experience, and working with people.
INTERV IEWER:

Great. And

KEITH: Yes there is, I've got a short list of Questions if you don't mind ...

WRITING

Human resources

lenny Walters is looking for a new job. She has just found an advertisement for a position
in a London-based hotel group. Use the advertisement and Jenny's notes to write her
leiter of application. Invent any furth er details you feel are necessary.

ASSISTANT MANAGERS REQUIRED


A well-known chain of international
hotels is seeking a number of assistant
managers lor its flagship operation in the
heart of London's West End. Successful
applicants will have a recognized
qualification in holel management,
and several years' post-qualification
experience in an international context. In
return, successful applicants will receive
an excellent salary and employment
package, together with a career path
which could lead to overall responsibility

for one of the hotels in the chain. Interest


will be shown in candidates who are able
to otter fluency in at least ooe other
European language. Ideally, candidates
will also otter a working knowledge in
Japanese, Arabic or Mandarin Chinese.
Applicanls should send a handwritten
letter of applicalion on not more than one
side of A4 paper, and an up-la-dale CV.
Bethany Strong

Silver Service Appointments, PO Box 760

--

..).....,1 ~ R,i-\ <>t o1'1'o..-1" ...i1j 1" ~"""e- be.-e-. looR,i~ fD>'"' .f"~1 1"'.......
~i ",-., ..lc>.A<, to..- .... 1.,1' 1..",,te-1.
l., 1-'"':1 old,.
5cJ"IOOi i... 'I-'......-i') .......d, "R_e-. 1"...1~-r..,... .J ]l....cc....\....... ~-re.-.
~ 1"",,)1..-r,,1e.- - ~i"...\e.....1 of ]lit ~~ i ... \-.p"\"""e.-I _~e.-e-.1.
L-' ...&re.-I c\I.. 1'......-c.. ? .....-i') - ~ 'fe-"--'"':1 f...--..-r de--')"Il. e.-1-~' (e,j..r..-r-.1lj
~.te- ...-e-')"fC>O'')ibilni fo..- .,...e,. o-t n., .-v,-r................-r.,.) S1""".. a~ ~..-...bic. ;..,
.,~ ;,-...-.
~ ~~ ...-r t;.te--.,-r.....- h.o-re.-I ;\bu. """ll~....bi.
c~.e,..f ~,..r..,...i')-r. "Re.-.,,..,.....,ibilni to"- ...-u............-r_e-.-r o-t ::'''''''00..- ~vr..,...

,r,,,

e......:i>loje--') ,J;\l """1'1'1j "- ..-e-f~.

c...~-r

~-r........c.-r e-..d.') i............ <'"'t.-t.- .............11-.')

-r.-...-.
~O<><"\ d,.,.I_ ...-r>c ..,R,i\\., - ~ -f\.,v,e.. i ... fi"e--')-r.....- h.o-re.-I ..);1)...
a.-........ai...~ ;...-r~-r..,......1 d~1e.-Ie.-. ~ ""'-.te- fl....e,.....-r I\"..-o...boc.
e ..............

.,i...0">C~

""'.....a-...Io.A<,;...,~

...

55

56

Business start-up
VOCABULARY
1

Complete these sentences with an appropriate form of a phrasal verb from the box.
stay on
into

II out
hand over

stand down

take over

It's time you

When she refused to

.......... the reins to someone younger.


___ ,_... the family business, her parents stopped her

allowance.

There was a row about who was going to ............................. as managing director.

The board of directors fo rced her to

It's a bad idea for people to . ........................ once they reach the age of 65.
over succession issues.
Families often

........................ after thirty yea rs in the joh.

Complete these sentences with an appropriate form of the word in brackets.


1

Potential ............................ have to pay a joining fee of 80,000.

Choosing his ............................. is going to cause a lot of headaches.

3
4

They wasted their ............................ money on a stupid scheme. (REDUNDA NT)


to make a success of the venture. (EXPERT)
She has the .................

I am concerned abou t just how realistic this project is. I think we should carry out

a ............................. study. (FEASIBLE)


Applicants are selected for their

(FRANC HI SE)
(SUCCEED)

and

(ENTHUSIASTIC; COMM IT )
7

............................ flair can't be taugh t; you either have it or you don't.

(ENTREPRENEUR)

Complete the text with words from the box. You may use a dictionary to help you.

stake

forecasts
searchi

~I

When smaU businesses grow. they

elsewhere and may approach

for expansion. Family and friends

............................. capitalists. who can


be persuaded to invesr in a business

frequently do not have the means,

with bright

or wish, to invest. Bank loans can

arE' naturally (, ............................. ' and


before parting with their money.

provide finance. but interest costs


can place a heavy 2 .......... ________ .....
on a new business. This is why firms
often look for

S ...

They

they will examine the business plan


closely and ask 1 ........................... .
questions to assess if the scheme is

feasibility
burden

capital
fundin

8 ........................

They will want to see


studies and sales

and cash flow 10 ... .......... .....


They will want to know what the

"

on their investment

will be. They will also expect a


subsrantial 11
in the
company and insist on an important
say in its running.

Business start-up

57

READING
1

Read the article a bout three women who have chosen fran chising as a way of going
into business. Who ...
has previous experience of advertising? .

already had direct experience of the franc hise she later bought? ..............

turned to franchising after losing her job? ............................ .


tells us she had to learn a lot of new skills? _
doesn't mention family considera tions? _____________ _______ .... _...

<I

emphasizes the importance of selecting the right staff? .............................


talks about the back-up she has received from the fra nchiser?

was initia ll y nervous about goi ng into business on her own?

Which franchise ...

,
2

is shop-based? .... ....................... .


appea rs to promise the greatest turnover? .

involves printing? .

helps people who ca n't look after themselves? ............................ .


has an educational aim?

"'

Join words 1-7 with words a-g to form coUocations which appear in the text.

,
,

sales

success

rate

3
4

set-up "H"
di re" ma il

capital

costs

annual

camp.ugn

computer .

working .

software

executive

turnover

advertising sales executive J an Edwards

to more than 1 00.000 by year thr ee. Jan


says, 'This type of fran chise IS Ideal If you

rethink her future . She attended a franchise

have a family because it is quite fleXible. It is

Last year, redundancy made fo r mer

exhibition and found Australian franchise 1m

also a big investment. but that IS what drives

Press PromotIOns which has 43 UK franchises

you on to succeed, and I am now seeing the


rewards.'

reproducing logos and graphics on products


from key rings to Tshlrts and mugs. Jan. 45,

Anna 'arnall, 36, worked as a toy


for

educationaltoy

retail

Sally Fowler , 27. is a franchisee of

launched her lmPress franchise from her

distr ibutor

Carewatch, offering a domestic care service

home in Telford, Shropshire. last January

fra nchise For mat ive Fun, before taking out

for elderly and dlsabfed people m the

'The bUSiness idea and the setup Just clicked

community. She employs 35 people only seven

with me. though starting up was scary,' she

her own franchise in Petersfield, Hampshire


In 1998. '1 never thought I would run my own

months after starting up in Trowbridge,

says '1 had never been selfemployed and I

business,' she says, 'but working for the

Wiltshire. Sally explains, 'The busmess IS

had a tot to learn - not just the printing

company and knowing the products and the

growmg so fast because there IS a huge

process, but accountancy, markettng, and

customers gave me an advantage: Set-up

computer software.'

costs, including the franchise fee, were about

demand, and most of the time I manage It


rather than pfOVlde -hands on- care, but With

Motheroffour Jan IS the only one of 250

40,000. Mother-oftwo Anne, who has four

the training and support Carewatch prOVides,

ImPress franChisees to have a 100 per cent

franchising has been the best option for me:

success rate from a direct mail campaign.

parttime staff, has an annual turnover of


200,000. 'Recrulting is one of the hardest

'That stems from my advertiSing backgr ound:

things about runnmg a busmess: she says.

Sally spent another 30.000 getting her


business up and running. The prOjected

A Carewatch franchise costs 17,000 and

she says. An ImPress frenchlse costs 25.000

'But once you have the right people, you can

before working capi tal, and franchisees can

run the shop to suit yourself, and for me that

annual turnover for a franchise providing 750

expect a firstyear turnover of 35,000, rising

means spending time with my childr en:

hours of care a week is 292,000.

58

Business start-up

GRAMMAR
Keith Baker, the founder of a successful climbing and
cam ping shop, wants to retire but there is no obvious
successor. Look at the details of his three children.
1

Who would you choose to take over from Keith,


and why?
Write a few sen tences, compari ng the three under

the headings a-c below. Use as many of the words


and phrases from Ihe box as you can.

more
enough

cons
for less
such

.101hardly

so

Personality and relationshi ps

Abilities and business skills

Dedication to the company

Martin: age 34. Well-known


climber. Excellent knowledge of
equipment. Gives expert advice to
climbers. Looks like a climber and
full of confidence. Attracts
customers. Quite bright but
unreliable. Enthusiastic but
moody. Can be difficult and upset
people. Bad with money and
paperwork. Ambitious plans for the development of the
company, but is he capable of turning his plans into
reality?
Dorian: age 27. Quiet and solid
worker. Joined company after
school. Reliable but dull, a lot of
people find him boring. Lots of
common sense. Mature and careful
and quite easy-going. Liked by
suppliers. Can cope with Martin's
moods. A safe manager, but docs
he have enough vision?
M elanie: age 30. An accountant
for another company. Bright with
a good head for business. Very
little interest in outdoor activities.
Not a good advertisement for an
outdoor activities shop! Often
appears over-confident and
arrogant. Less mature than
Dorian. Gets on badly with
Marlin. Sees the business as a ' cash cow' and not very
interested in developing it further.

Business start-up

SPEAKING
Luisa Gon\alves is discussing the detaiJs of an investment project with Fern Rogers.
Reorder the words in italics to complete their conversation.
LUISA: thing - be - we - need - certain - the - is - to - that there will be a good
return on our investment.

FERN: Naturally, we share your concern. can - you - checked - assure - everythinghave - J - that - we.

LUISA: And you've sorted out all the problems.


3

FERN: Absolutely. con - we - thot - the - viable - 100% - guarantee - project - is.

tulSA: That's reall y great news.

there - that's - else - anything - is - you - bothering?

FERN:

tUlSA: Actually there is. Before one - we - on - f - thing - move - should-

mention - just.

f ERN: Go on. Tell me what's on your mind.


6

tUlSA: Basically, not - commit - able - we're - to - ourselves - until our architects
have looked at the plans.

FERN: give - set - you - a

-1'11- con - you - take back to Zurich.

LUISA: And we'd also like to check the patent applications with our lawyers.
8

FERN: afraid - remain -I'm - confidential - have -

to - they for the time being. I

hope that doesn't pose a problem.

tUlSA: That'll probably be OK. But if don't - you - that - mind - I'd - to - check-

like - with - head office this afternoon.

Right, that's settled. $0 why don't we get some lunch and you can call head
office later.

FERN:

10

That's an excellent idea. was - f - myself - going - to - the - make some - suggestion.

LUISA:

59

60

Business start-up

WRITING
1

Read the letter in which two professionals arc asking for financial backing for their
project. Complete the text with words or expressions from the box below.

thiS correspondence
with that in mind
a device
in the meantime

therefore
this next stage
at this stage
the one

this aim
this
this distance
our invention

its
in anticipation
t hose

Dear Sir I Madam ,


A We are writing 10 yo u as we wo uld like 10 propose an inveSlmeni opportunity.
My partner and I have combined experience in the emergenq' services which has made us
keen ly aware of Ihe need to reduce motorillg accidents. In our "iew the most effectil'e way
o f ac hieving

............... is 10 make mOlOrists more aware of braking distances.

! . .. .... ....... ... .. .... .. ... ,

aher

'Ill

extensive pt:riod of research, we have cOllie up with the

Braking Safety Device, or Back Scat Driver,

............... which makes llIOlOring safer.

.... sensors calculate the braking distance between the drive r's vehicle and
. ... .. ........... ahead. If ~ ............................ is considered 100 small, Ihe device gives a
spoken message 10 Ihe driver 10 slow d own .

.. ..........

who han- piloted the device in trials all reported that they felt

much safer as a result of the wa rni llg message.

......... was parrieularl y the case

8 ....

where the BSD's inlegrate(] voice chip ]1:1d been programmed wit h a familia r voice such as
Ihat of a parcnt, o r spouse, for example. Havi ng demonstrated the BSD's effectiveness, we
would now like to develop

9 ... . . ... ..... . ..

for a wider market.

D Howel'er, we arc conscious that ac hieving


fill ancial support and have

II .

IQ ........... .. ...... . ......

will also require

............. ... taken the decision 10 approach your

organization. We would welcome an opporllmity 10 discuss o ur proposal with you in


furth er detail. I'lease find enclosed our CVs and business plall for your cOllsideratio n.

With the greenhouse effect and


global warming, more and more
homes in low-lying areas have
become vulnerable to flooding.
You have invented a device which
can be placed across doorways in
Urnes 01 flooding.

confidentiality of

we do not feel in a position


to

to

rel'e:)] the technology we h,we

give pill a practical demonstnuion o f how the


10

respect the

14

We thank yo u

[ j

.................. for )'our timc and interest and look forward

to

heari ng from you.


Yours fa ilhfully,

In which paragraph of the leiter does the writer:

request financial backing? ..... .


present conclusions from research carried out? .

present the background to the project? .

express hope of possible future co-operation and contact?

explain the device in detail? ..... .

be replaced more suitable


material. You do not have the
money to redesign the floodguard
in this material.

... ....... ,

BSD functions at a future date. II ................ .. .. ..... we would ask yo u

It consists of a central panel


with extending side panels which
can be Quickly clipped around a
doorway. A special sealing device
means that it can provide a
watertight protection against
rising water. The floodguard can
be fitted in just a couple of
minutes, protecting you and your
family from flood water.
The sealant needs to be
tested. The material used in your
design was iron. You are worried
aoou! rust and thiok that il should

12

em ployed, but we wo uld be delighted

You have come up with a new idea and want to obtain financial backing. Read the
description of your invention on the left, then write to a venture capital organization
presenting your project. Use the prompts in 2 to help you structure you r letter.

61

Reputati ons
VOCABULARY
1

Complete t he adjectives in these sentences on the topic of reput ation.


Some of her sales exploits became so Ie _ _ _ _ _ _ _ that they e ntered

the culture o f the company.


Professor Williams is an em _ _ _ _ _ expert on consumer behaviour.

Even though the old model has been much rna _ _ _ _ _ _ by critics. it

remains popular with users.


Everyone believed that he was If _ _ _ _ _ _ _ _ _ , but in fact he had
been givi ng away company secrets to our main rival.

We keep getting lOis co mplaints abou t this DVD player. We really need to make it

morerc _ _ _ _ _ _
6

Stud ying at a pr _ _ _ _ _ _ _ _ _ business school like Harvard is a

passport
7

\0

a successful career.

The region became no _ _ _ _ _ _ _ fo r its production of counterfei t

goods.
8

How come these sa les resul ts are so 10 _ _ _ ? There's absolutely no


excuse for this.

Match 1- 5 with a-e to form collocations to do with fame.

a
b

profile

market

name

rising ......
world

star

leader

class

hi gh ......
household

Choose the correct alte rnative to complete the sentences.


1

An expensive pen is an affordable example of a s/{/(us symbol / slIob appeal.

We should resurreCl / revitalize the brand name from the 1980s.1t may have
stopped being used in 1981 but it's still remembered today.

How many yea rs will it take the firm to live dowlI / boil dowll the fai led mineral
water launch?
The company managed to shake off! five down any long-term c riticism by
organizing an immediate product recalL

/I

5
6

The revival! tumaroulld in 70s fas hion means we can use retro-designs for our
appliances.
Six month s ago, th e company was o n the brin k of ba nk ruptcy, but sin ce the n the
MD has performed an extraordinary tllrnarolllui! revival.

62

Reputations

READING
1

Read this newspaper report about a musician whose reputation is ill danger. Choose
a, b, or c to complete statements 1-4.
1

Ki lbern Records .. .
a is co-defenda nt in a cou rt case.
b is suing Harriet Stokes.
c has been taken to cou rt by Charlene McGuire.

Harriet Stokes' lawyers tried to prove that there were si milarities between the two
songs III . . .
a the lyrics.
b the m usic.
c both the lyrics and music.

Ms McGu ire's lawyers argue that . .,


a she intentionall y copied the words.
b she copied the words by accident.
c the resemblance happened by chance.

Charlene McGui re ...


a never sings other artists' songs.
b th inks tha t her reputa tion will be damaged whatever happens.
c admits that she consciously copied Ms Stokes' song some time in the past.

last year's success story was


undoubtedly Charlene McGuire's debut
album Anthems and Lamen's, with its hit
single SlTilr.e Me Down. What a
difference a year makes. Now the 27year-old singer-songwriter and her
pUblisher Kilbern Records risk being
struck down in a court case where they
are accused of plagiarism and
infringement of copyright.
Elderly folk singer Harriet Stokes,
77, alleges that McGuire's lyrics copy
her own song of the same title from the

19605. However, unlike the two million


copies of Ms McGuire's album, Ms
Stokes' single only sold three hundred
privately-produced copies. In court
yesterday, Ms Stokes' lawyers played
the 1963 recording followed by Ms
McGuire's song. They maintain that even
though the original song was sung more
slowly, its underlying rune and words
were still immediately recognizable.
Ms McGuire's lawyers Insist that it
was extremely unlikely that their client
covld have ever heard the song. Not
only hod Charlene not been born, but
the song hod never been broadcast. Ms
Slakes' legal leam nevertheless
maintained that the resemblance could
nol be explained by coincidence and
are demanding subSTantial damages. In
response, McGuire's defence pointed
out that there was a finite and
accepTed number of rhythms which folk
and rock artisls employ. As for the title
'Strike me down', they argued that this
word combination was port of
everyday speech and that Ms Stokes

could not lay claim to the copyright of


pari of the English language.
Charlene McGuire is adama nt thot
she would never knowingly copy
another singer. On the occo sions when

she has mode versions of other artisls'


work thol she openly acknowledged the
fact. 'I'm completely devastated . My
reputation is being dragged through
the mud. This sort of accusation is
extremely difficult 10 live d own. Even if I
clear my name, pe ople wilt so y that
there's no smoke without fire. It's all so
unfair.'

Toby Bockhouse, a dose friend of


Charle ne's, admitted thai the artist was
even storting to doubt herself. 'Memory

is such a strange thing: he said.


'Charlene is scored thot somewhere in
the back of he r mind are the traces of

Harriet's song she somehow heard when


she was just a kid.' lawyers will present
their flnol arguments tomo rrow, un less,
as is suspected, behind-the-scenes
moves to reach on out-of-court
settlement are successful.

Can you explain these sayings from the reading?


1

2
3
4
5

being dragged through the mud


diffi cult to live down
there's no smoke without fi re
in the back of her mind
behind -the-scenes moves

63

Reputations

GRAMMAR
1

Decide if the use of the definite article in these


sentences is correct (./) o r incorrect (X).

Complete the text using a / au. tllf!. or 0 (no article


necessar y).

I was ,lie IllOsl unhappy with his perfo rmance.

These flats are aimed at tile first time buyers . . __

The French they speak in Quebec is quite hard to

understand.

o
4

Is this the first time you've visited the Hamburg


branch?

The time flies like an arrow.

Her office was full of the old heavy furniture.

This rctrostyle toasler is tlJe most popular model in

our entire range. ..... .


The Cambridge of my student days has mostly

disappeared . .....
Have you got the money YOll owe me?

10 I am really scared of tile public speaking. .___


11 They say that she has the money problems.
12 Is this the information YOll wanted? ..... .

13 She comes from lire Russia.


14 I'm sure the water they served us wasn't bottled
water.
When I was at

,
,

..... business school,

...... course leader o rganized


..... t rip to ~ ............................. Germany. One

day out was to

5 ............................ factory which made


agricultural equipment. I am afraid
that [ can not recall 7
.. name, but I do
remember that it was H
_. largest plant in

... .. .. __ .

9 .............................
10

_._ ..................

out of

11

harvesters and

Europe. At one end, in went


materials and components, while
other came these colossal
12 .....

tractors. You wou ld

need to visit n ............................. factory to fully


appreciate it, as everything was o n 14 . _ .....
massive scale. IS.
._. people who had
worked everything out must have been
16

......

geniuses. There were

lots of visitors and

18

follow was strictly laid out. By

1, .....

route we had to
19 ...... .. ..... .. ..............

end

of 20 ......... .................... toUT, m y feet were killing me: we


had walked nearly eight kilometres! 1 had expected
to be bored, but instead it was 21 ............................ .
experience which will stay with me for ever.

Reputations

SPEAKING
1

A financi al adviser is giving some advice about investment opportunities to a new


client. Rearrange the words to form some of their questions and statements.
1

am - completely - I - but - you - sorry - lost - have - me.

exactly - by - exposure - is - what - the - meant - term?

me - let - for - clarify - that - you.

what - so - you're - risk - should - saying - that - is - spread - my - I.

so - I've - if - understood - risk-free - you - no - correctly - is - investmententirely.

I - shall- run - it - you - through - again - for?

exactly - portfolio - yOll - mean - balanced - do - by - what - a?

I - afra id - you - am - bu t - I - quite - fo]]o\>/ - don't.

through - would - you - go - once - me - like - to - it - more?

10 bonds - you - do - you - are - think - explain - cou ld - what?

Which sentences in 1 are used to:


a
b

say you don't understand?

offer to repeat something?

reformulate? .................. .

ask for clarification?

Reputations

WRITING
1

Replace the words in italics with an adverb from the box.

admittedly
wholeheartedly

!Jpp.;..fI!!ly

completely
immediately

profusely

entirely

I agree with you wilholll doubl or reservation.


I have to accept thaI the order was late arriving.
We were hit hard by the recession, and as a result we had to make some
redundancies.
4 The new campaign was 100% John's idea.
S It's a pity tlJar there was a design fau lt in the ncw model.
6 Their accusat ions are 100% ridiculous.
7 If there arc 110 problems, we will be in profit next year.
S Please accept our apologies. We will rectify the mistake lVilllOllt hesitation.
9 It 's obvio/ls that we need \0 sort this out as soon as possible.
10 She apologized over (/nd over again for the lale delivery.
1
2
3

Which of the adverbs from 1 ...


1

are used to introduce sentences?

are used with adjectives o r verbs to make language sound more convincing?

Olivia Greenleaf is the president of a company called Weber Plastics. Olivia wa nts
to deal with some un pleasa nt rumours abou t one of the company's fac tories. She
is talking to Simon Brya nt, a public relations expert. Read their conversation.
Then write a press release for the local newspaper, using adverbs from 1.

Thanks for coming in Simon. It's about these rumours to do with the factory;
I'm sure you 've heard them.
SIM ON: Do you mean the ones about the escape of toxic gases from one of your plants?
OLIVIA: You're well-informed. Anyway, we have to put a stop to these stories right away.
It needs to be made clear that as a company, it's our policy not to exceed legal
limits for pollution levels. We've even had Spearhead, the environmental group,
visit the premises. Not even they could find anything to complain about!
SI MON: That's a good point; I could mention this in the press release. But you did have
a scare about eighteen months ago, didn't you? Wasn't there an explosion at the
same factory that's in the news at the moment?
OLIV IA : A very small one, yes. Anyway, as a result. I shut it down for 48 hours while we
carried out safety checks.
SI M ON: That's probably when the rumours started.
OLIV I A: It just shows you can't win. If you act responsibly, people think you've got
something to hide. Some people are even saying that Weber sends all the dirty and
dangerous jobs to this particular factory because of its remote location.
SIMON: The local inhabitants can't be very pleased!
OLIVIA: What hurts most, is that this is complete nonsense! The manufacturing process
follows exactly the same procedures as in all the other plants. Our standards are
the strictest in the world. And we have the most advanced filters in the industry.
OLIVIA:

You may have heard the stories about the


escape of toxic gas from our plant.

, "*""

.V<~.

':".'

..

65

Answer key

I
are receiving I have received I have been receiving
has been thinking up
believes
cost
catches
gets I will get
is currently working on
has run
have paid
has covered
17 has even gone
18 involves
19 em ploys

UNIT 1
Vocabulary
1

B
9
10
11
12
13
14
15

y eE N D 0 R 5 E) K H N A'N W
Ll( C T C( S A T U RAT E R
~P 0 5 P 0 N 5 0 R) X My!- P
L R M KA L QKKWPH I
AO M L CFWGVAHNE I
C( S E G MEN T) P M
UM E
N 0 R COPYWRITER A
C T C I U(M E D I A )D C F G
I RONYSNTE
";i5 0I AI WE MB Q(C
AMP A I G N
Y N L LXCGISXHAJZ
J K V 0 ICE 0 V E R) W X H
N V Z F P E Y H( S LOG A N)
E Q (B RAN D) G E R X 0 U P

,.

2
2

3
4
5

voice over
cam paign
endorse

7
B
9

Irony

"

segment
slogan
saturate
image

11 copywriter
12 commercial

b rand
launch

2. are looking
21 is not being
22

2
3
4
5

1T

2F

3F

5T

6F

7F

3
4
S
6
7
8

prop
Mr Joe Average

white noise
4
filtering out
5
product placement

pio neer, novel, enterprising


stealth, undercover, covert

4T
8T

1
2
3

2
2

3
4

Grammar
1

2
3

4
5
6

are standing
ap plauding
are watching I have been watching
looks
has been dancing
are I have been

"

How long have you been dancing?


When do you know if an advertising campaign has
been successful?
Wh ich of your campaigns do you think has been
the most successful?
How do you find new employees at PReccentric?
What cam paigns are you running at th e moment?

Speaking

Reading
1

Absolutely! I agree with everything you've said.


In my opinion I From my point of view, they make
the streets look bright and cheerful.
I'm not su re what I believe any more.
As far as we're concerned, it's not true.
On the other hand, you could be right.
Don't you agree that it's an absolute scandal?
In my opinion , we should do something about it.
As I see it, the youth of today are easily
brainwashed.
Come off it
What a crazy thing
to begin with
Anyway, that aside
up to a point
we agree on

.7

Answer key

Writing

1
2

And yel
while
So
Sample aI/sIVer;

1
2
3

quite simply

That's why

UNIT 2
Vocabulary
,

If all of th is

7
N

,
/VI

How we save you money


You're probably wondering how we can offer such
incredible prices. The reasons are q uite simple. To
begin with we have no expensive showrooms to run o r
mOlley tied u p in stock. And because of our huge
buying power we a re able to get p rices from the
manufacturer which arc normally o nly available to the
managers of company fleets.

I'f-! I ' IR. ,0


,

llo

Matters of trust

YOli may well have heard stories of people losing


thousands of pounds th rough entrusting their money
to firms on the strengt h of their website. With us, you
can be sure that you're not simply dealing wi th an
image - we arc part of the Kinesis group, which
includes a household name in insu ran ce and financial

services sectors.

'0

f-!

C;

C;

' J>

R.

/VI

, 5

R.

'0

,
f-!

/VI

"
J>
R.
5 "
T

5 f-! ,
5 5 0

" 15 1
51
51

Reading

1F
5F

a
b

No hidden extras
There are none of the hidden extras either, which
dealers are so fond of quietly adding on to the total
cost of a vehicle. W ith us you know that the price
you're quoted includes d elivery and metallic paint in a
colour of your choice. We even th row in a yea r's road
tax and breakd own cover, which includ es the use o f a
replacement car if needed. You can be sure that the
price we give you is the fina l p rice.

1
2

2T
.F
magnet
valve
patent
bina ry

4T
7T
c spnng

3F

transistor

ripple
applications

gadget

Grammar
1

1
2

3
4
5

And if you need a helping h a nd ...


You can call on us to provide finance and car
insurance. If you like choosing a new car but hate
haggling, a competitive quote is just a click away.

8
9

We take the hassle and the haggle out of buying a ca r!

1
2

3
4
5

worked I was working


was often asked
knew
had become
was arranging
had
realized
had been wasting
could offer

10 gave up
11 approached
12 worked
13 grew
14 took
15 expand ed I had
expa nded
transferred

"

We on ly realized we were at the wrong terminal


after Martin h ad dropped us off.
We had been waiting for three hours when they
fmally called o ur tlight number.
No sooner had the plane taken off than the
emergency ligh t came o n.
Whi le we were driving from the airport , our taxi
broke d own.
By the time we got to the office, everybod)' had
already left.
\\'hen I was unpacking I [ unpacked my suitcase,
I realized I had forgotten to pack any shi rts.
Carlos had been working in the Barcelona office for
seven years before his boss decided to promote him.

Answer key

68

Speaking
1

4
5
6
2

2
3
4
S
6

Oh dear, didn't you know he had been sacked?


No, and he can't have liked being I having been
reminded of it.
Well , I'm sure you didn't mean 10 upset him .
All the sam e, he must have been emba rrassed.
These things happen. I wou ldn't worry about it if I
were yOli.

I didn't realize we had arranged to do that.


I appreciate how angry you are Pat
Well, I suppose there might have been a mix-up.
If it's our fault, I do hope you will forgive us./ [ do
hope you will forgive us if it's our fault.
Well, don', worry. it's probably just one of those
things.

UNIT 3
Vocabulary
1

4
5
6

routine
delay
hurry up
10 put off
11 behind; make up

12 outstandi ng

1 1 i8

thnx

2
3

spk
,

i8 ,

b
11 wru
flt
12 2
13 u
cub
2moro
14 c
Arc you free to talk?
I'm in a meeting. Where are you?
At work.

Are you OK?

5
6

Yes, thanks.

1
2

2
3

See you later on?


Could be difficult - perhaps tomorrow?
OK. I'll speak to you later.

postpone

8
9

4
5

Once upon a time


overtime
a waste of lime
[n the meantime
From time to time

6
7

It's time to go

1
2
3
4

It took ages to find a taxi.


The interviews last (for) 1:\'10 hours.
We spent three hours discussing his proposal.
Robert phoned while Lily \"as in a meeting with Joe.

2
3

,.

on
likely
schedule
to
deadline

Writing

5
6

2
3

full~time

Reading
1b

2b

3c

4b

5,

StIlt/em s' OWII answers

Grammar
1
2
3
4

5
6
7
8

will be touching down


is going to have
arc recruiting ' will be recruiting I are going to
recruit
will have been
will be ready
will join; will just go
am driving
is going to resign

Speaking
1

Good morning. Mr Coates. I'm Cheryl Wyatt, the


temp sent by the agency. I'm standing in for Antonia
while she's on maternity leave.
GARY: I'm pleased to meet you , Cheryl. Call me Gary. By
the way, I'm very glad you've been able to come at
such short notice.
C HERYl: OK Gary. Now, I was wondering if you could spare
(me) two minutes to go through this 'to do' list which I
found on Antonia's desk. I'd like you to help me decide
what to deal with first.
GARY: Right. Let's have a look then. Ah, now, the most
CHERYl:

Answer key
important thing is the caver for the brochure. It's
already behind schedule and the printers have been
screaming for it since yesterday. Do you think you
could organize a courier to ta ke it to them?
CHERYL: Certainly. I'll put it at the top of my list.
GARY: After that, can you ask Brian from Marketing to go
t o Heathrow to meet our visitors on the morning fli ght

UNIT 4
Vocabulary
1

disposable income
econom ic development zone
multinational corporation
production facilit y
joint venture
d istribution channel
exclusive outlet
outstanding potential
9
fina ncial commitment
10 economic outlook

2
3
4
5
6
7
8

from Bologna? He's already seen them once before. It's


due to land at 16.35.
CHER Yl : OK. Incidentally, what would you like me to do

with I about this advert? It looks important.


GARY: Goodness me! The advert! How could I forget it?
Yes, we mustn't miss the deadline. Would you mind

asking Frieda l ehman in Human Resources to check it?


CHERYl: Of course not, it will be a pleasure.

Then if you'd like to fa x it to them,


grateful.

GARY:

I'll

be eternally

Request: Cou ld you I Do you think you could


phone I close I fi x I buy I bring I pay ...
Would you mind closing I fixing ... , etc.
Offer: Shall I I Would you like me to close ... ,etc.

Writing
1

6g

take care of
has taken up
took pa rt in
has taken over from
have taken off
took place
take o n
took the opportunity

Reading

payment
overdue
invOIce
remittance
undertake
1,

1
2
3
4
5
6
7
8

arrears
outstanding
goodwill
oversigh t
2b
7,

3f

4h

3
4

5,

8d

Sample answer:

FINAL DEMAND FOR PAYMENT


Dear Mr Clancy
I am writing regarding ollr outstanding invoice for
plumbing materials we supplied. As you will certainly
remember, we gave you a 10% discount on the
understand ing that you would settle your bill within
fifteen days. We issued our original invoi ce on 27
February and sent you a reminder on 13 March.
However, as of today, payment is almost two weeks
overdue.
We are no longer able to tolerate this situation and
accordi ngly have issued a new invoice in which the
original 10% discount has been added. We now require
you to settle this second bill wi thin five working days,
otherwise we will have no alternative bu t to put this
matter in the hands of our solicitors. We arc always
ready to supply new customers, but are extremely
disappointed that you have not kept your side of the
bargain. We should also tell you that you will be
required to pay in cash for any fut ure purchases.
Yours sincerely
Bob Marx

2
3
4

5
6
7

2
3
4

The value of Germa ny's Metro stores.


The number of countries in which Carrefour
operates.
The percen tage of Am erica's reta il sales attributed to
Wal-Mart.
The price Wal-Mart paid for the acquisition of Asda.
The percentage of Wal- Mart sales by its
in ternational division.
The number of coun tries in which Wal -Mart has a
presence.
Because they think that the market is saturated and
that this will lead to slow growth .
From its overseas activities.
It acquired Asda.
It exported culture wholesale rather than adapting to
local markets.
How to sell food.
So that it can benefit from sourcing its supplies
globally.
It could supply Wal-Mart with experienced
managers.
white goods
saturation
barge
bold

5 crucial
6 astute
7 expatriates
8 clout

69

70

Answer key

Grammar
1
2
3
4

5
6

2
3
4

Nowadays, we hardly ever go to the ci nema. I We


hardly ever go to the cinema nowadays.
As a rule I take the 7.32 train. I I take the 7.32 train
as a rule.
He's always borrowing my mobile.
It's only once in a while (that) we have problems
with late payments.
We seldom sell a lot in the first three months of the
year.
He could always ask them to supply us if there's no
o lher alternative.

meta phors:
keep the ball rolling down the middle of the court
adverbs:
basically
frankly

Writing
1

2
3
4
5

6
7
8

used to getting up
used to em ploy
would I used to pay
get used to operating
didn't use to be

Sample sentences:
He had to get used to Japanese ways very quickly.
He used to have I He was used to having his own room .
He wasn't used to living in a dormitory.
The trainees used to d o everyth ing together.
At first Aidan couldn't get used to the communal
bathhouse.
At work everyone wou ld I used to stay late.
Nobody would d ream of leaving until the last person
had finished.
In a western company, people are used to thinking
abou t their own personal careers.
In Japan on the other hand, if anyone made a mistake,
then the other team members would I used to cover
up for them, or did their work for them.
However, Aidan couldn't get used to showing people
respect just because of thei r age and the number of
years they had been working for the com pany.
Japanese companies are still used to promoting people
on their seniority.

rega rding
On the one hand
the other
According to
although
While
pointed out

yet
Sample al1SlVer:

Regarding the translation of the brochure for


Indo nesia: on the one hand, Helena felt that it was a
complete waste of money to translate the brochu re, as
English is practically the second language in the
country. On the o ther, Graham pointed out that we
could impress our clients by printing brochures in
their own language. According to Frances, we can put
the translation costs against tax. While Graham felt
that the transla tors would be able to pick up anything
that could be culturally offensive, Helena suggested
hiring a specialist consultant to help with these crosscultural issues.

UNIT 5
Vocabulary
1
2
3
4

self-expression
impersonal
paternalistic
egalitarian

5
6
7

hierarchical
authoritarian
conservative

Speaking
1 A6

85

(2

D4

EI

F3

lists of three:
'First class business in a first class way.'
a lot of business; profitable business; gutsy business
get rich around here; rich through the firm; rich
through the stock
contrasting pairs of ideas:
If you lose money for the firm by bad decisions .. I will
be very understanding. If you lose reputation fo r the
firm I will be ruthless.
we want them to get rich through the firm a nd not off
the firm
rhetorical questions:
What kind of fi rm can com e out of this?
optimist ic ending:
I think in the end we'll be more proud of this company
than you've ever been before.

Reading
1 2

At the Clear Vision Tr ust: If you really need to


do something, you can have time off without
using your holiday.
Evidence fro m the text: ~ .. took Ihe day off

without havil1g to lise our holiday emitlell/ellt.'


3

At the Clear Vision Trust: This does not happen


and lunchtimes are generally spent with friends .
Eviden ce from the text: ~ .. BuddTlists do I/Ot

At the Clear Vision Trust: This doesn't happen.


It goes against the philosophy of the charity.
Evidence from the text: 'We do not take

believe ill doillg two tllings at ollce.'

anything unless it is freely given; so there is no


nicking paperclips or enve/opes.'
5

At the Clear Vision Trust: This doesn't happen .


Evidence from the text: 'Sarcasm and office

Answe r key

2 1

2
3
4

gossip are llOt part of tire work clI/tltre, atld tlor is


(Ieliberate flirting.'
At the Clear Vision Trust: This is not automatic as
in ordinary companies.
Evidence from the text: 'There is 110 Buddhist work
concept of prol/Jotioll. To /'1.' (/ bllsilless (/irector, you
nced to be ordaillcd.'
.. . have another source of income; i.e. a house or
flat that they rent.
... they get eight weeks' holiday and a 900
allowance for retreats and work-related training.
... eating vegetarian food, sharing accommodation,
and buying things from second- hand shops.
.. . become o rdained, in other words become a
priest or monk.

Grammar
2

3
4
5
6
7

What a pity. I would love \0 go, but I simply can't.


We're far too busy at work.
Do you think I could leave ten minutes early today?
1 have a dental appointment.
Well, I know it's none of my busi ness, but I
wouldn't if I were you. They're very bad payers.
I'm afraid there aren't any economy class seats left ,
bu t I could always reserve business class if you like.
People would I used to have a lot more cash; there
were no such things as credit cards.
They're so unreliable; they sa id they would send it
by now, but it's late.

Speaking
1

2
3

1<1

expected I made
needn't have
weren't allowed
7 not allowed
8 made to
property, alcohol, perso nal, jewellery
000
emplo)'ment, dismisS<1l, detector, procedures
000
machinery, security
0000
engmeer
000
4

5
6

had to I were made to


weren't allowed

Writing
Sample answers:
To: All staff
From: MD
Re: Dress code
Date:
A few months ago, we introduced the dress-down
Friday concept to the firm. This has been a mixed
success. I would like to remind everyone of the rules.
Smart casual clothes may be worn instead of suits and
ties.
However, those staff who have con tact with the public
should ensure that they are always appropriately
dressed. You may wish to keep a set of smart clothes in
the office for this purpose.

To: All staff


From: MD
Re: Car parking
Date:
After great considera tion and consultation, we have
decided to change the parking policy to reflect the
needs of the staff. As you know, parking space is
limited. These new recommendations and rules will
come into effect from next Monday.
where possible, staff members should use public
transport
reserved parking spaces for managers are to be
abolished
a small number of spaces will be reserved fo r sl'aff
who have no other way of coming to work
aU other spaces allocated on a firsl-come-first served basis
customer parking spaces are reserved strictly for
customers
any cars parked illegally in the disabled parking
spaces will be clamped
I believe that these changes will make our parking
policy a much fairer one, and I look forwa rd to your
co-operation in this matter.

71

72

Answe r key

UNIT 6

Vocabulary
1
2

1 set
2 sells
6 even 7 va riable
1 invaluable
2
3
4
5

3 predatory
8 skimm ing

costly

6
7
8
9

4 crude
5 scale
9 inflation 10 ca rtel
priceless
value
pointless
worthy

Speaking

Reading

1
2
3
4
5
6

1
2
3
4
S
6

2
2
3
4
5
6
7
8

ld

pricey
rewarding; worthwhile
wort hless

the mid -1990s


sixteen th

second
2.7 hectares
5%
It has doubled.

3a

4f

sb

6e

Grammar
1

3
4
S
6

3
4

this meetin g is to discuss


talk us through
what yo u're saying
the point I'm trying to make
Do you mind clarifying something
We haven't heard anything
Wouldn't it be a good idea
What you're suggesting
Does anyone have anything else 10 add

Writing

Khe Sanh is a paradox because while most of the


world's coffee producers arc experiencing a slump. it
is enjoyi ng a boom.
It caused a gl ut: world production exceeded
demand.
They have slopped making coffee and started
planting narcotic plants for drugs.
By training farmers in its cultivation.
He has been able to buy a lot of material goods: a
new motorcycle, a TV, etc.
Because labour is cheap a nd productivity high.
Because thc margins (profits) are higher with
arabica than with the less valuable robusla.
Because the climate of southern Vietnam is not
ideal for the arabica bush .
2c

raw m:l1erials.
Although our lorry broke down, we managed 10
deliver the goods on time.
The ship was unloaded in spite of the dockers'
strike.

./
X Their exports rose. However, the domestic market
suffered.
./
X The country has fabulou s natural resou rces.
Nevertheless, its inhabitants are poor.
./
X Despite the country having ! Despite the fac t that
the country has tough customs regulations, we
managed to export our machinery.

Even though the tickets cost just 30. we had to pay


50 for each one.
Their transportation prices are high. However, they
are extremely rel iable.
They hadn't paid our other invoice. Nevertheless, we
carried o n supplying them .
Our profits went up despite the cost of our raw
materials increasing.! the increase in the cost of our

2
3
4

5
6
7
8
9

10
11
12
13
14

HOT Pharmaceuticals' fortunes have increased!


have been increasing steadily over the past six
months.
Today's rumours concerning ! around Britain's
entry into the euro have seen a sharp drop in the
value of sterling.
Sales of digital TVs have risen! have been rising
steeply recently since last year's dramatic increase in
the availability of new channels.
The slight fall in profits for Slomex shares is nol as
bad as predicted.
remained steady
a dramat ic fall I drop
soared! surged
plummeted
dropped
rose slowly J recovered J crept up
fluctuated
levelled off I stabilized
fell
rose steadil y
crept up J rose slowly I recovered
had doubled
rema ined steady

Answe r key

UNIT 7

Writing

Vocabulary
1

Sample allSlVer:

confrontation

2
3

concession

negotiable
lost I temper

misunderstanding
7 profitabl e
8 p ro posal

man ipu lat ive

2
3

persuasive

gct out
taki ng I in itiat ive
bui lt I relationshi p

4
S
6

beal l down

Reading
1

2T
sF

1T

4T

2
3

cha rismat ic
consultative
abdicatorial

3F

6T
4 bureaucratic
S la issez-fa ire
6

dictatorial

Grammar

2
3

1
2

lfwe hadn't given


If she looked smarter

If they pull out

we co uld have signed

employees have to ask

zero 5 1 st 3

2nd 2

3rd 4

mi xed 1

had acted; could have fo und

2
3

WQuid you say; contributed


work; are conducted

4
5
6

will i shall sec; hear


had gone; might I may have worked out
had ; wouldn't

Tall I was running; would make

If Sally had n't been in such a hurry, she wou ldn't


have fo rgotten her briefcase.

2
3

If he knew the answer, he would get the job.


[f we'd got the contract, we wouldn't be in such a
terrible mess now.

Speaking
1 1

Lorna (L): c, d, e, f, j, k, n, 0
Mrs Wallace (W): a, b, g, h, i, I, m

2 3c
8a
13 n

4h
9k
14 I

5j
10 9
15 d

6m
11 (

10
12 b

Dear Ms Agnew,
I was extremely concerned to receive your letter
about your recent trip to o ur theatre. I can appreciate
that the main reason for yo ur coming to the show was
to see Steffi Newland and Mel Joyce live, and I ful ly
share your disappointment.
ou defini tely deserved an explanation for their
non-a ppearance that day and one should certa inly
have been forth coming from the box o ffice. I would
like to assure you that from now on. should any such
situation arise, I will ensure staff are asked to pass on
any information they have been given.
The reason for Steffi and Mel 's non-appeara nce on
that part icular day was due to adverse weather
cond itions. The light aircraft in which they were fl ying
had to be diverted to another airport. and
unfortunately, this meant they were unable to arrive
in time fo r the perfo rmance. Nevertheless, I hope that
you and your friends enjoyed the show, even if it may
have been an an ti-climax fo r you.
I hope you will accept my sincerest apologies for
what happened . As a token of our goodwill I would
like to offer you and your fr iends co mplimentary
tickets which can be exchanged for a performance of
your choice. Please find enclosed four signed
photogr3phs of Steffi and Mel fo r you and your
friends.
Once again on behalf of the Cygnet The3tre, I
would li ke to apologize fo r any disappointment you
suffered.
Yours sincerely.

73

Answer key

74

Grammar

UNIT 8
Vocabulary
1

2
3

5
7

8
9

2
3

1
2
3
4
5
6
7
8

consul tancy
competitiveness
recruitment
acquisitions
consultants
intelligence
rivalries
stressful
expertise
3F

25

1F

.5

backfired

2
3

breakthrough

high flyer

went like clockwork


breakdown

55

Speaking
1

Good morning everybody. As you are awa re, the object


of loday's meeting is to present the results of our
research and to share our thoughts with you. Firsl of all
I'll outline the company's current position, then I'll talk
you through the facts . Afterwa rds, I shall propose urgent
action which should be taken. Finally, we will put
forward our suggestions for the medium term and
explore the I any alternatives. However, before I begin, I
would like to thank you all for your co-operation . I
know I speak I am speaking on behalf of my entire
group.

So what important lessons can we learn from this?


Cathy will be talking you through our mediumterm stra tegy.
3 Right, we are going to start by running through the
latest results.
4 I would like 10 draw your attention to four key
sta tistics.
5 This brings us to the topic of the pension scheme.
6 Let's start by looking at the facts and figures. shall
we?
7 I would li ke to hand you over to Cathy Black, our
head of communications. I our head of
communications, Cat hy Black.
8 So if you would like to look at the graph on page
eight of the handout.
9 As YO ll can sec, this graph reveals two further
encouraging features.
10 Now it's time to turn to our most important
recommendations.

Reading
1 A3

B.

E6

F2

2
3

es

01

makeor-break time
a starry-eyed kid
a candy store

hot sellers
dice
big-ticket items

a makeover
7

8
9

flagship store
pull you r socks up

Because it makes nearly all its money in the last


three months of the year.
They sell because they have the right brand name
and are supported by huge advertising.
As a child he was in terested in war games and
games of strategy. In his present job he has to make
important strategic decisions.
Because it is described as being an 'under-invested
has-been: Its acquisition of a cha in of toy stores was
disastrous and there have been four different chief
executives in the lasl four years.
Each teddy bear is specially made and carries a
recorded message.
It means that the group is not so dependent on the
London sto re's success.
The state of shopping in Ihe West End of London,
lack of free parking, etc.

to sort out
to fax; to send; to do
re-installing
filling; to become
speaking; to practise
using; to pay
Smoking
relau nching; repackaging; to work I to be working
to work

75

Answer key

Writing
A separate salad a nd sandwich bar should be made
available alongside for people who prefer a light
lunch or sandwich.
Participants should be required to complete a
menu preference request form two weeks before
the train ing programme and email it to the
restaurant manager who will do her best to
accommodate the preferences stated. Participants
should make known any special dietary
requiremen ts at this point.

Sample a"swer:
THE FUTURE OF CATER I NG AT THE B LOOMSGROVE

TRAINING CENTRE

Background
Following a series of complaints over a prolonged
period about the standard of catering at the training
centre, a committee was formed to identify and
investigate the causes of dissatisfaction and to examine
alternatives. The committee consisted of a
representative of the canteen learn, course leaders
from the training programme, and spokespeople from
recent courses. A researcher from Datascarch
consultants was used to compile and conduct a
questionnaire and to analyse the data.
Research
Six hundred recent course participants were given a
questionna ire to complete. Th e most notable finding
was widespread dissatisfaction with the formal waiter
service meals which are a feature of these courses.
While the committee recognizes that the formal sitdown meal is a long-standing tradition, the majority
of Bloomsgrove employees feci there is a lack of
choice, and have a desire for greater informality.
Waiter service was criticized as being slow and the
fixed times of meals too restricting. A substantial
minority of respondents nevertheless claimed to enjoy
the formality and sense of occasion this provided. A
significant number of people found the menu
unimaginative while the remainder found it
acceptable.
Options
The committee identified and evaluated the following
options.
To conti nue with the curren t situation. This was
discarded as too many people are clearly unhappy
with the current state of affairs.
To convert the whole restaurant into a self-service
canteen. This would provide more choice, but may
also result in unimaginative menus.
To sub-contract the running of the entire
operation to an ou tside catering team operating
on Bloomsgrove premises. However, it would be
difficult to guarantee quality.

UNIT 9
Vocabulary

'C

HOL

"

4 0 ODS

A
R< 0 '

J!.1

R
N
R.(:ICiHr

"
0

L'

~ ~

HA'.<T

I> R. '

A[

RAVAN

"-0"
A

AN

A
AN' 'R

to SSE L

Reading
1

a
b

Yves Carcelle is the chief of Louis Vuitton.


Tikka Shat rujit Singh was an ad visor to LVMH
in India.
C
Melanie Flouquet is a London-based analyst
for JP Morgan
d Vivian Hung lives in Beijing and is an
enthusiastic Louis Vuitlon consumer.
e Marc Jacobs is a designer fo r Louis Vuitlon.
Louis Vuiuon Moet Hennessy (Louis Vuitlon
makes luxury luggage and other goods; MOet
produces cham pagne; Hennessy produces
expensive cognac.)
I China. 2 Russia, 3 South Africa
In order of importance: Japan , US, China, India

3
4

Because it needs new markets where it can sell its


goods.
The streets used to be full of bicycles; now it is full
of cars and has a thriving business district.
He rese'lrched the market carefully and senl a learn
to visit it. They al so used the services of an Indian
aristocrat, Tikka Shatrujit Singh, to help them.
They spent a year searching for the right premises.
First of all the new shops att ract customers;
secondly they raise the brand imagc of the business
so that when people travel abroad they are morc
likely to buy LMVH products.

Recomme ndat ions and conclus io ns


The committee arrived at the following
recommendations and conclusions.
There sho uld be a formal meal at the beginning
and end of a course to provide a sense of occasion
and create a spirit of unity.
A self-service canteen should be introduced where
participants can choose from a range of dishes.
A vegetarian hoi meal would also be offered.

2,

3b

4c

5,

6c

7b

Answer key

76

Grammar

Writing

1
2

2
3

4
5
6

Oh no! My wallet has been sto len. (We don't know


who did this. )
The new Science Park was opened by the mayor.
(The speaker is focusi ng o n the Science Park
rather than the mayor.)
The goods are then transported 10 our central
warehouse 80 kill away. (The speaker is talking
about part of a process and the agent is ei ther
unknown o r not significant here. )
Something should be done abou t this problem
right away. (The speaker may prefer not to
ment ion a specific individual here.)
The paperwork will have been finished by this
evening.
Their bank references should have been checked
before we supplied the goods.
The container's contents wefe examined by
officials from Customs.
With the Internet, your consignment can be
tracked every kilometre of the way.
Our shi p was made to wa it th ree weeks for
perm ission to dock (by port officials).

Speaking
1

o n behalf of
I'd like to wish
I'm going
4 aften...a rds
5 As you can see
6 all around
7 before
8 I'd like to say someth ing
9 As I'm sure you know
10 if you'd like to gather round
11 talk you through
12 nobody has any questions
1
2
3

2d

7,

3g
81

4k

9h

Sample a/lSwcr:
WHICH CURRENCY FOR EXPORT ?

Advan tages of pricing in own currency:


Costs are in own currency.
Easier to budget.
Advantages of pricing in buyer's currency:
Appeals to buyer.
Disadvantages of pricing in own currency:
May not appeal to buyers.
Disadvantages of pricing in buyer's currency:
Could lose if buyer's currency devalues.
Makes expo rting to weak currency a reas risky.
WHICH CURRENCY FOR IMPORT?

Ad vantages of buying goods priced in own currency:


No need to worry about currency movements.
Advantages of buying goods priced in exporter's
currency:
Can get goods cheaper if exchange rate moves in
your favour.
Disadvantages of buying goods priced in exporter's
currency:
Can lose badly if currency moves against you.
For buye rs, risks outweigh benefi ts.

How CAN BUYERS COVER T HEMSELVES?


Buying forwa rd.
What is buying forward?
You agree to buy currency in the future at a rate you fix
in the present.
Disadvantages of buying forward:
You have to pay fees and commissions.
If currency moves in your favour you lose out.

50
10 c

6b
11 e

An swe r key

UNIT 10

Speaking

Vocabu lary

2
3

7
IC IH A L

"

N C;
L "
R M A N

IS I T I "

I ~ I O I L I D I "J N I / I H I "

L 0

N T

N C; I

I N C;

"

IN

"

T H W HI

I A

S 1 W 0 R K
D H

2d

3b

"

4
N " I

"

" "
L

"

"

"
2

6
7
8

Is there anything that you would like to ask us?


What has prompted you to look for another job?
Wo uld you mind telling us what your greatest
weakness is?

... what has prompted you to look for another job?


Would yOLL mind telling us what your greatest
weakness is?
... do you think that the customer is always right?
Would you rather deal with a customer's problem
yourself ...
What is the worst mistake you have ever made?
How well do you think you cope with learning new
systems?
... what do you see yourself doing in three years'
time?
. .. is there anything that you would like to ask us?

3
4,

Reading

5
6

MS
II<

2
3

NO

IR
5 MS
6 MS
7 IR
4

NO

2
3

T
T

,d

2
3

5
6

"b

Grammar
1,2
1 Ci T

2
3

2 b; I

3 d; I

4 a; T

deduct
continue

have a relationship

5
6
7
8

refu se
mention
invent
compensate
lo wer Ihe volume

9
10 raise

2
3
4

Do you think that the customer is always right?


How well do you think you cope with learning new

systems?
R

"

I ' 'I S lA
1,

What do you sec yourself doing in three years' time?


What is the worst mistake you have ever made?
Would you rather deal with a customer's problem

yourself?

S T 0

C A N D I D A T
D
A T TI T
W 0

Hang on \0 il; Ihey may ask you for it later.


It 's time we paid Ihem ofr.
We need to sort it out before the weekend.
I'm looking forward \0 it.

77

Answer key

78

Writing
Sample allswer:
Dear Ms Strong,
I am writi ng to apply for one of the positions of
Assistant Manager advertised in Hospitality World
magazine. f feel that I have the right personal qualities.
qualifications and experience for this type of post. It
has long been m y ambitio n to work in a top hotel
group in a key European location. This is exactly the
kind of opportun ity I have been looking for, and I feel
I could bring my enthusiasm, experience, and capacity
fo r hard work to the post.
I am a 25-year-old hotel professional with several
years of relevant post-qualification experience. I have
an international background, havi ng attended schools
in Paris and Rome. where I gained an International
Baccalaureate. I went on to the Lucerne Institute
where I gained a BA equivalent degree in hotel
management. During my time at L'H6tel du Pare in
Paris, I spent three years o n the fro nt desk. I was also
given responsibili ty for one of the hotel's restaurants,
and so I feel I have the confidence to take on a
managerial role.
For the past two years I have been working as chief
reptionist at a five- star hotel in Abu Dhabi, where I
also have responsibility for recruitment of junior
reception staff.
From my experience of working in Paris and Abu
Dhabi I have acq uired a good working knowledge of
both French and Arabic, and have developed the
diplomatic skills required for dealing with an
in ternational clientele.
My current contract ends in three months and my
employers will willingly supply a reference should you
require one. I am available for interview either in the
Gulf or in London. I would naturally be prepared to
travel for such a meeting.
Please fi nd enclosed an up-lo-date CV for your
consideration.
I look forward to hearing fro m you.
Yours sincerely,
Jenny Walters

UNIT 11
Vocabulary

1
2
3

handed over
go into
take over

4 stand down
5 stay on
6 fall out

1
2
3
4

franchi sees
successor
red undancy
expertise

5 fea sibility
6 enthusiasm;
commitment
7 Entrepreneurial

1
2

capital
burden
fund ing
venture
prospects
sceptical

searching
8 viable
9 feasibility
forecasts
11 return
12 stake

3
4

5
6

,.

Reading
1
2
3

1 Jan
2 Anne
1
2
3
1e

3 Jan
4

Jan

Formative Fun
Carewatch
1m-Press
2b

3d

5 Sally
6 Anne
4

7 Sally
8 Jan

Carewatch
Formative Fun

4e

5g

6,

7c

Grammar
Examplc sCllle/lces:
a

Personality and relationships


Melanic is probably the least pleasant of the three
and unable to get on well with other people in a
small business setting. She is less mature than
Dorian who gets on better with suppliers and staff,
but no one has such a successful personality \vith
customers as Marti n. Unfortunately, Martin ca n be
moody and is probably slightly less stable than the
other two. Dorian is so dull and boring he can
hardly be expected to win the respect of customers.
However, he is the on ly one to have a working
rela tionship with both his brother and sister.
Abilities and business sk.il1s
Melanie is a lot more qualified than the other two.
Even though Martin may be a lot more ambitious
for the company and have the best ideas fo r its
future, he seems to have fa r less day- to-day business
sense than the others and is very poor with
paperwork. Although Dorian isn't as charismatic as
Martin, he seems to be considerably beller
organized and has a better understanding of day-today managcmcnt.
Dedication to th e company
Melanie is far less interested or dedicated than the
other two. After all, she al ready has a good job in
another compa ny and hardly has any interest in
outdoor sport s. Martin has the best ideas for its
future but are they realistic enough, I wonder?

Answer key

Speaking
1
2
3
4
5
6
7
8
9
10

The thing is, we need to be certain


I can assure yOLl that we have checked everythi ng.
We ca n guara ntee that the project is 100% viable.
Is there anyth ing else that's bothering you?
we m ove on, [ should just men tion one thing.
we're not able to commit ourselves
,'II give you a sel you can
I'm afraid they have to remain confidential
jf you don't mind I'd like to check that wi th
I was going to make the same suggest ion myself.

Writing
1
2
J
4
S
6
7
8
9

10
11

"

13
14
15

10

this aim
With that in mind
a device
the one
this distance
Those
This
our invent ion
this next stage
therefore
AI this stage
In the meanti me
this correspondence
in anlicipation
JA

Dear Sir or Madam,


I am writing to you as I would like to propose an
investment opportunity. Wi th the greenhouse effect
and global warming, more and more homes in lowlying areas have become vulnerable to flooding .

[ have invented a floodgua rd which can easily and in a


matter of minutes be fitted across doorways in times
of flooding.
It consists of a central panel with extending side
panels which can be quickly clipped around a
doorway. A special sealing device provides watertight
protection. The seala nt needs to be fully tested, which
I propose to do al the next stage of development.

AI presenl the material used in the floodguard is iron,


which is not ideal because of the obvious
susceptibility to rust. I would like to redesign the
device using a more suitable mat erial at the next stage.
However, this is likely to require financial support.

,,,

2C

Sample {II/sIVer:

I think that, with the extra resea rch and testing which
I have out lined, I can produce a product which will be
of enormous benefit and will give a very good return
o n investment.
I thank yOll for your time and interest and look
forward to hearing from you.
Yours faithfully,
4E

s8

79

Answer key

. - - 80

UNIT 1 2
Vocabulary
1

,
1

3
4

2
3

7
8
1b

,
1

3
4

Speaking
1

legendary
eminent
maligned
trustworthy
reliable
prestigious
notorious
lousy

"

3e

4d

5,

status symbol
resurrect
l.ive down
shake off
revival
turnaround

,
1

3
4

,
1

3
4

,a
,

b
damaging a reputation with bad news 1 rumour
\Vhen your reputation is damaged or you make a
mistake, people will never let you forget it.
All rumours have some truth behind them.
when a thought or idea is hidden or unconscious
aclions which are kept secret o r hidden from the
public

X
X

,/
,/

,.
8

11

,/
,/

X
X

X
X

12 ,/
13 X

,/

14 ,/

,0
1

the
a

7
8

the
the

,
1

3
4
5

Grammar
1

ai ,S

b4,S

c3,6,9

d 2,7,10

Writing

Reading
1

I am sorry but you have completely lost mc.


What exactly is meant by the term exposure?
Let me clarify that for you.
So what you're saying is that I should spread my
risk.
S So if I've understood you correctly, no investment is
entirely risk-free.
6 Shall I run through il again for you?
7 What exactly do you mean by a balanced portfolio?
8 But I am afraid I don't quite follow you.
9 Would you like me 10 go through it once more?
10 Do you think you could explain what bonds arc?
1

2
3
4

12 0
13 the
14 a
15 The

,.

,.
,.,.

the 10

21

11

the

17 0
18 the
the

the
an

2
3

wholeheartedly
completely
admittedly
7 hopefully
consequently
8 immediately
entirely
clearly
regrettably
10 profusely
consequentl y, hopefully, regrettably, clearly,
admittedly
wholeheartedly, profusely, immediately, entirely,
completely
StlIllple a/lswer:
You may have heard the stories about an escape of
toxic gas from our plant. Admittedly, eighteen
months ago, there was a small emission. We have
never believed in cover-ups, and consequently, we
immediately closed the factory for 48 hours so a full
range of safety checks could be ca rried out. In
addition , we informed the press and apologized
profusely to the public for what had happened.
Regrettably, this openness seems to have provoked
some entirely untrue rumours aboul Weber's
activities and we'd like to put the record straight.
Weber has never, and will never deliberately exceed
the legal pollution levels. As you know, all
manufacturing processes involve the production of
toxic substances. This is why we have the most
advanced filters in the industry. All of our plants
fo llow exactly the same high standards wherever they
are situated.
We also work closely with the environmental
group Spearhead and we wholeheartedly support
their efforts in protecting the environment. This is
why \. . e invited its representatives to have complete
access to the plant. In fact, we would like to extend
Ihis invi tation to all local councillors and
representatives, so they can also gain an insight into
the measures that we take to safeguard the
environment. It is in everyone's interests that Weber
continues to stand by its excellent record.

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