Choose the correct answer.

1. Please find enclosed our ....... scale for life insurance premiums.( gauging / raising / sliding / slipping)

2. My enquiries did not ....... any information of value. (affect / arouse/ elicit// extort )

Who said you couldn’t make it to Wall Street?

74) Look through the article and find the words or phrases (in bold type) which mean the following:

1. Money from an investment or business operation after subtracting all expenses.

2. Money that you borrow from the bank.

3. A report on a company's activities throughout the preceding year.

4. A report on the financial situation of a company, showing all assets and liabilities.

5. An amount of money paid by a company to investors out of the company's profit. It s usually paid quarterly.

6. Money.

7. The part of the money borrowed that does not include the interest.

8. The amount charged by a bank for annual percentage.

9. To put money into a business in order to make a profit.

10. A proportion of a company's capital that somebody may own.

11. A small business which has been in existence for 5 years or less.

12. A computer program for displaying and laying out financial data.

13. The money you have to pay other people or companies for the services they provide.

14. The movement of money in or out of a business.

15. Regular and essential things that a business must pay for rent, electricity, etc

16. Costs that do not change with business volume: insurance, rent, mortgage payments.

17. Anything of material value or usefulness that is owned by a person or company.

18. Property or things that belong to a company that are offered as security to a bank in order to borrow money. These things may be taken by the bank if the money isn't returned.

19. To eliminate a debt (such as a mortgage) in regular payments over a specified period of time.

20. To find, interview and try to employ people.

21. An investor who invests money in innovative projects.

22. Shares in a company 20% of the equity of a business would be 20% of the shares of that company.

23. The particular people in the market that a company sells to. 40

15, b) Match the following synonyms from the article:

16) Match the following phrases from the article (sometimes more than one combination is possible):

16, b)Listen and fill in the spaces.

Russia put a 5,000-rouble banknote back into circulation on July 31st to meet the demands of a ____________ society and rising real incomes. The Russian Central Bank played down rumors that the reintroduction of the high denomination bill was to ____________. The last time Russia had a 5,000-rouble note was in 1998 - the year the rouble crashed. A Central Bank spokesperson said that the current need to have high value notes in circulation was "____________ cash-flow demands and the growth of average incomes in the country". The Russian rouble is currently riding high on ____________ the country’s ____________ an energy superpower. It is the world’s second largest oil producer. Russia’s currency reserves are, in fact, so high that the finance ministry

This is your USP! Now you've got your USP, you'll also need to create a logo and a slogan for your company, and decide on your corporate colours. This will be important for creating your corporate look and for when you design your premises with all the accompanying signage.

Now you're going to need to write up a business plan. This should include a short description of the business, who you are, what you plan to sell, why and to whom, your marketing and sales strategy and your markets and competitors. It could also include information on your management team, and any financial forecasts.

When doing your business plan, it's also important to establish your break-even point - how much money you need to turn over in order to cover your costs, and when you will start to make a profit.

Once you've got your business plan and ideas, you're going to need some finance. One option is to take out a loan from the bank. If you do this, you’ll have to pay back the capital and the interest. Alternatively, you could remortgage your house and get a loan against that, or you could even ask friends and family to invest in your business in exchange for shares. However, in the end, you manage to convince the bank to give you a loan. Congratulations! You're now ready to open your first Snips hairdressing salon.

First of all, you're going to have to spend a bit of that money. Most importantly, you're going to need to rent somewhere for your business. Remember the famous expression, 'location, location, location’ - it's key in business! You're also going to have to invest in some equipment for your business: chairs, hairdryers, scissors... Finally, you’ll need to register the company name, the logo and the website address, and then you're ready to open! You're in business!

The first few months are extremely exciting, especially when you start making money. As far as promotion goes, it'll initially be fairly small scale-flyers, ads in local newspapers and posters in the street. However, your most important form of advertising will be word-of-mouth. So, you'll have to be careful to provide good customer service.

As bills and money start coming in and going out, you're going to need to use a basic spreadsheet to keep control of your expenses. Above all, you'll need to keep your cash-flow under control - especially if you've got to pay wages (your employees need their salaries!). However, as business builds up, and your volume of business increases, you'll need an accountant to take care of things.

Having an accountant is extremely important He or she will make sure your accounts balance, and will be able to tell you whether you have enough

19) Look at the article’s headline and guess whether these sentences are true (T) or false (F):

20) Match the following synonyms from the article:

21)Match the following phrases from the article (sometimes more than one combination is possible):

18) Talk with your partner about these headlines. What are the stories behind the headlines? Do you think they’ll come true?

The world becomes cashless

Hackers steal trillions in biggest credit card fraud

Date: 2015-12-24; view: 1616