Run a business

Stay in business

BUSINESS

C. Word Focus.

B. Translate sentences. Pay attention to the use of the key words.

1. The company is ready to overcome the challenges of the next few years.

2. The key issue is whether workers should be classified as 'employees'.

3. Nonprofit organizations refer to groups whose purposes are to benefit the public.

4. The Company seeks to make an accurate and detailed presentation of its performance results.

5. His ultimate goal was to set up his own business.

6. We aim to offer good service to all our customers.

7. He works for a large American corporation.

8. Students on the course learn about all aspects of business.

The word ‘business’ is very important for you as a future manager but it has a lot of meanings. Look at the list of meanings and collocations.

1 BUYING OR SELLING GOODS OR SERVICES [uncountable] the activity of making money by producing or buying and selling goods, or providing services [↪ commerce, trade]:

e.g. We do business with a number of Italian companies.

set up/start up in business

e.g. The scheme offers free advice to people wanting to set up in business.

e.g. In order to stay in business, you must do better than your competitors.

2 COMPANY [countable] an organization such as a company, shop, or factory that produces or sells goods or provides a service:

e.g. She now has her own $25 million home-shopping business.

e.g. They don't know how to run a business.

big / small / family business

e.g. The company began as a small family business (=owned and controlled by one family).

Owners of small businesses (=that employ only a few people) will be hit hardest by these tax changes.

Does big business (=large and powerful companies in general) have more control over our everyday lives than our elected governments?

the business community (=people who work in business generally)

e.g. the international business community

3 HOW MUCH WORK A COMPANY HAS [uncountable] the amount of work a company does or the amount of money it makes:

e.g. Exports account for 72% of overall business.

business is good / bad / slow etc

e.g. Business is slow during the summer.

4 FOR YOUR JOB [uncountable] work that you do as part of your job:

e.g. She's in New York this week on business.

business trip/meeting etc

e.g. We discussed the idea over a business lunch.

useful business contacts

5 WHAT SOMEONE SHOULD BE INVOLVED IN [uncountable]

a) if something is not your business or none of your business, you should not be involved in it or ask about it:

e.g. It was not her business, she decided, to ask where the money came from.

b) if it is someone's business to do something, it is their duty or responsibility to do it

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