1) Smokestacks industries such as coal & steel industries are
no longer profitable in developed countries.
2) The service/ Services account for two-thirds of employments in
industrialized countries.
3) Today, a lifetime employment with the same company is no longer
possible.
4) Emerging countries are getting competitive even in the field/section
of Hi-Tech.
5) The Daewoo subsidiary company established in the North-East of France
is on the verge of bankruptcy and its closing down would lead/involve
to 1,200 job cuts.
6) Our hard currency weights on our exports.
7) A surplus trade balance doesn’t necessarily involve on the new jobs
creation / creation of new jobs.
8) A large number of/ A good many industrial sectors found
it difficult to adapt to the economic environment.
9) As expected, the take over bid was a failure
10) The turnover has noticeably/ markedly/ significantly decreased
compared with last year.
11) Mergers and acquisitions most particularly/ mostly concern economic
sectors such as banking and insurance.
12) Horizontal integration aims at grouping/ concentrating under a single
management companies operating in the same sector of activities.
13) Vertical integration aims at controlling each processes from
production to marketing.
14) A monopoly is the privilege for each competitors to control a product
or a service supply .
15) The annual sales of the biggest multinational companies exceed GDP of
a large medium sized countries.
March 4, 2002
