6. Find words or phrases in the text which mean the same as the following:

1. Carefully, not wastefully

1. Expand the range of products

2. Operate

3. Resolving

4. Said in clear, detailed way

7. Managers set objectives. What is an objective? Give examples of objectives in sales, production and personnel managers might set.

Vocabulary

8. Complete the following sentences using suitable words or phrases below.

Managing director, director, senior executive, middle manager, junior executive, supervisor, superior, subordinate, colleague, staff, employee, work-force

1. The group of executives working below the top managers are generally called …….

2. Valerie is an important person in our company. She is a member of the Board of …….

3. Peter, a recent university graduate, has been with the firm for a year. He is at present a ……. and is being trained for a managerial position.

4. Their ……. Is expanding rapidly. They now have over 5000 employees.

5. At least 50% of our ……. Have been with the company over ten years.

6. ……. In an organization generally have more fringe benefits than lower-level managers.

7. We are a small group in the Research and Development Department. Fortunately, I get on well with all my …….

8. Our telephone operators work under the direction of a …….

9. I work under Mr. Brown. He is my …….

10. Sheila and Tom work under my authority. I am their boss and they are my …….

11. I am responsible for ……. training and development.

12. A ……. is a person of high rank in an organization, usually next in importance to the Chairman.

9. Complete the following sentences with the correct word or phrase (a, b, c, or d).

1. Nowadays, I eat out at restaurants regularly and often go abroad for holidays. My ……. Is much higher than it used to be.

1. standard of living b) cost of living c) lifestyle d) way of life

2. Writing reports is not a ……. that everyone enjoys.

1. duty b) work c) job d) function

3. This machine uses much less fuel than the previous one. It is far more…….

1. sparing b) economic c) effective d) economical

4. The management has worked out a ……. To improve our market share.

1. strategy b) policy c) target d) planning

5. Many of the ……. in the Personnel Department are part-time workers.

1. staff b) staffs c) employers d) personal

6. One of the company’s main ……. is to increase sales by 10% per year.

1. designs b) plans c) purposes d) objectives

7. Several machines have broken down. We won’t be able to ……. an important order.

1. fill b) meet c) make d) do

10. Complete the following sentences using suitable forms of the verbs below.

Sort out, spell out, sell out, make out, buy out, sound out, bring out, carry out, turn out, pull out.

1. The firm ……. about five hundred sports cars a year.

2. We hope to ……..our production problems soon.

3. If the firm does not make a profit, the owners will probably …….

4. I am willing to consider introducing flexitime, but would you first ……. the advantages of the system, please?

5. Givenchy have ……. an exciting new perfume.

6. Would you ……. the cheque to David Cotton, please?

7. In order to develop new products, pharmaceutical companies have to ……. a lot of research.

8. Several leading banks such as Barclays have ……. of South Africa.

9. A group of senior managers want to take over the firm by ……..it …….

10. We are looking for a new chief executive. I understand one or two possible candidates have already been…….