Ex.5. Match the nouns in the left hand column with the verbs in the right hand column

stakes   joint venture   project   subsidiary

start form acquire hold own set up undertake develop

Ex.6. The words in the box frequently occur before “company”:

Find combinations that mean:

1. the leading company of a group that holds all or more than half of the shares of the other companies and usually controls other companies;

2. one of two or more organizations that are part of the same group;

3. a business formed by a group of people using money provided by them all;

4. a company of which at least half the share capital is owned by another company, called a parent or holding company;

5. a company whose shares are recorded on the main market of a stock exchange;

6. a company whose members are only responsible for its debts up to a limited amount

7. a company that offers the same or better goods and services as another and therefore competes for the same customers.

Ex.7. Look at the words and phrases in the box. Match them with the correct definition from the list below:

1. a connection between ideas, people or things;

2. the leading company in a group;

3. a holding company together with any subsidiary companies in which it owns more than half of the share capital;

4. a business activity in which two or more people or organizations work together;

5. a sum of money invested in a business;

6. a number of companies, sometimes involved with different products, joined together and run as one large company;

7. a temporary association of two or more companies for a major project that is too complex for any of them to do alone;

8. allowed or required by law, lawful.

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