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II. Decide whether the following statements are a) true, b) false or c) information is not available in the text:

  1. The owners and managers of companies are crucial stakeholders in any economy.

  2. When dealing with lenders, the law says that your failure to pay can result in forfeiting your collateral.

  3. No stakeholders can disrupt your business plans.

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2

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  1. Match the words (1-10) with their definitions (a-j):

1. stakeholder

2. relationship

3. vendor

4. requirement

5. lender

6. lawsuit

7. premises

8. implication

9. stock

10. property

a) the way in which two or more people or things are connected with or involve each other

b) a person or company that has invested in a business and owns part of it

c) something that a rule, law, contract etc states that you must do

d) someone who sells something, but not in a shop

e) the buildings and land that a business or organization uses

f) a person or a financial institution such as a bank that lends money

g) a case that a court of law is asked to decide involving a disagreement between two people or organizations

h) the total amount of something that is available for people to use

i) things, especially valuable things, that are owned by someone

j) a possible effect or result

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IV. Complete the sentences (1- 10) with the words (a-l). There are two extra words:

a. funds

b. stake

c. lent

d. profits

e. advise

f. accounting

g. allowance

h. lawsuit

i. premises

j. vendors

k. credit

l. management

1. They have a 25% ......... in the business.

2. The President supports a tax cut on .......... from sales of property such as stocks and real estate.

3. The chairman proposed a scheme to save both the company and investors’ .......... .

4. Last year financial institutions .......... over $30 billion to new businesses.

5. Local people filed a private .......... against the City over water contamination.

6. We are operating with fewer layers of ........... .

7. The firm is looking for larger ........... .

8. House sales could dry up as .......... refuse to accept drastic price cuts.

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9. They .......... small businesses and link them up with private investors.

10. Sales were helped by the introduction of interest-free ........... .