English Language Proficiency Tests-Advanced Level''''sarchiveReal Life: Business Jargon (3) potx

English Language Proficiency Tests-Advanced Level's
archive
Real Life: Business Jargon (3)
1.I hope I don't lose my job. I just heard that our company
is going to start next week in an effort to cut costs.

downgrading
supersizing
disaggregating
downsizing
2.I hope you don't lose your job. It is happening
everywhere, though, because of the recession. My sister
just lost her job because the company she works for just
went through the process of .

rekindling
reorganizing
restructuring
replicating
3.Our company has created a competitive over
others in the industry by being the first to switch to a just-
in-time manufacturing system. While others are spending
huge amounts for inventory storage, we are using that
same money to create new innovations.

advantage
factor
platform
decision
4.We have decided to sell our delivery trucks and hire
Tom's Delivery Service to get our products to our

customers. Delivering products is just not one of our
competencies. Tom's price to deliver our goods is less
than what we spend on maintaining the trucks, paying our
drivers, and all the other costs associated with doing
deliveries.

supporting
core
middle
concrete
5.We need to invest in new computers for the staff. Ours
are too to perform the tasks we need them to fast
enough with today's software.

downgraded
updated
postmarked
6.I used to work in inventory-management but, now,
computers do everything I used to do faster and better.
When the computer system to do my kind of job first came
out, I had to and am now an accountant.

reeducate
evolve
evolve
retrain
7.I am retired. I started a computer software company that
grew into a fairly successful business. It attracted the
attention of some of the larger companies and a very
attractive offer to sell was made. After the new company

bought me , I had enough money to retire and enjoy
myself.

on
in
out
back
8.Companies have realized the high cost and risk involved
with mergers and and are now becoming more
interested in short-term joint ventures.

Acquiescence
aquisitions
auctions
inquisitions
9.Companies can reap great rewards from forming
strategic with other companies. Some of these are
lower research and development costs, less risk, and
increased organizational learning.

brotherhoods
alliances
armies
alumni
10.All of the major American auto manufacturers are
off employees. General Motors just put another 21,000
workers on the unemployment list last week.

letting
laying

shifting
routing