Noun Adjective Verb

Exercise 7. Complete the list below.

Exercise 6. Find words in the text to complete the following expressions.

Exercise 5. Supply the sentences with the missing words.

Exercise 5. Match the words with their definitions.

franchise, trade-mark, ownership, failure, profitable, to earn, licence, cost, investment, expenses

1. Sums of money spent on the running of a business in such a way that they do not add to the value of its assets.

2. A special mark that is placed on a particular brand of article or commodity to distinguish it from similar goods sold by other producers.

3. Formal permission in writing, from an authority recognized by law, to perform an act with, without that permission, would be unlawful.

4. Lack of success; inability to pay debts; insolvency, bankruptcy.

5. To get something especially by working.

6. The act of using money to obtain income or profits; money invested.

7. An arrangement by which a monopoly producer gives another producer or trader by formal licence the exclusive right to manu­facture, or sell the products in a certain area.

8. The price paid for something.

9. The right to hold a thing entirely as one's own, including com­plete and permanent control over it.

10. Paying a profit; producing an income; useful.

know-how, shares, in accordance with, to comply with, distribution, contribution, supply, available, exist, to share

1. There are a growing number of women who want... some of the traditional male roles.

2. New products must... certain standards.

3. The United Kingdom had to make a... of £1 000 million to the EU budget.

4. They are almost totally dependent on Western....

5. A week ago the firm's... jumped from 10 percent to 114 percent.

6. Education is carried out... the principles of the school.

7. More information becomes... through the use of computers.

8. Unions took strike action to stop the production and... of the local newspaper.

9. Economic stability can only be reached if demand and... are in approximate balance.

10. Communities who live by hunting and gathering still....

the parent company is... under new... a lower failure... a system of distributing...

supply their products in... offers its maximum... possible financial... freedom in management...

profitability profitable profit

efficiency

health

appropriacy

operation

finance

productivity

management

Exercise 8. The word franchise has many derivatives. Look through the
following extracts and choose its right form.

a)... is not a new phenomenon. It has been around since the nineteenth century, when such companies as Singer and Interna­tional Harvester established dealerships throughout the world. Early in this century, Coca-Cola, General Motors, and Metropolitan Life Insurance Company, among others, used... to distribute or sell their products. But the real boom in... began in the late 1950s, with the proliferation of hotels and motels like Holiday Inn and fast-food establishments like Baskin-Robbins and Dunkin' Donuts.

The latest trend in... has been diversification in the variety of products and services offered. Today, over 2000 companies offer... ranging from day-care centers and health clubs to dental clinics, video-tape rental outlets, and funeral parlors. By and large, most are service operations.

b) The best way to protect yourself from a poor... investment is to study the opportunity very carefully before you commit your­self. Since 1978, the Federal Trade Commission has required... to disclose information about their operations to prospective.... By studying this information, you can determine the financial condi­tion of the... and ascertain whether it has been involved in law­suits with....

Another good source of information about a... is other.... Find out what they think of the opportunity. If they had it to do over again, would they still invest? That's the bottom line.

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