Industry = refers to a group of companies that sell or produce similar types of products, such as the food industry, the film industry, etc.
Example: Finding a job in the tech industry isn't so easy these days..
A Start-Up = is a company that has recently begun operations
Example: We are hoping that Barry’s start-up will be a success.
A Tech Company = focuses primarily on technology products or services
Example: Peter works for a Japanese tech company that specializes in robotics..
A firm = like a company, is an organization that sells or produces something or provides a service, although people tend to use firm more in reference to a service provider
Example: Lucy joined our firm just over a year ago.
A partnership = money remaining after costs and taxes.
Example: NewDeals Inc. and Bayner Brothers entered into a partnership, combining their resources.
A chanin = is a series of stores owned by the same company.
Example: Our cafes are more popular than any other chain.
A branch = is one of the offices or stores of a business or chain.
Example: I asked to be transferred to a branch of the bank closer to my home.
Shares = are the many equal parts into which the company’s ownership is divided
Example: My shares in the company have decreased in value this month.
The stockmarket = is where investors buy and sell shares.
Example: The stock market surged today after the Federal Reserve signaled potential interest rate cuts.
An investment = is the activity of using money to increase its value. Many people invest in shares.
Example: Buying those shares proved to be a successful investment.
Turnover = refers to the value of a company’s sales during a particular period of time.
Example: The company reported a turnover of $2.3 billion in the last fiscal year, though its net earnings were lower due to increased operating costs.
Revenue = is similar to turnover as it refers to the money a company earns by selling products or services
Example: The company’s revenue grew by 18% year-over-year, reaching $4.7 billion, driven by strong demand for its new product line.
Profit margin = is the difference between the selling price of a product and the cost of producing it.
Example: The company’s net profit margin improved from 8% to 12% this year, thanks to better cost control and higher pricing power.
An entrepreneur = is a person who starts a business, especially when it involves risk
Example: The young entrepreneur started his company at just 20 years old.
A founder = is someone who establishes a company and oversees its early stages, often providing the necessary investment
Example: Steve Jobs, the company founder, transformed Apple from a garage startup into one of the most valuable companies in the world
A CEO = is the highest-ranking person in a company charged with the most important business decisions.
The CEO has called a meeting with all senior staff.
1. Apple is one of the biggest companies in the technology ______.
2. Elon Musk is a well-known ______ who started several successful businesses.
3. She bought ______ in Tesla because she believes the company will grow.
4. Many people invest their money on the ______ to try to make a profit.
5. Starbucks is a very successful coffee ______ with thousands of locations worldwide.
6. The company’s ______ improved significantly after they reduced production costs.
7. Mark Zuckerberg is the ______ of Facebook (Meta).
8. We hope this new ______ will become profitable within the next two years.
9. The bank is opening a new ______ near my house next month.
10. Google is a leading ______ that develops innovative software and hardware.
11. The law ______ hired three new lawyers last month.
12. The company’s annual ______ reached almost 10 billion dollars last year.
13. She made a very smart ______ by buying shares in the company early.
14. The two companies formed a ______ to develop new electric vehicles together.
15. The ______ announced that the company will expand into the Asian market.
16. The car manufacturing ______ is very competitive and includes companies like Toyota and Volkswagen.