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Look at the four diagrams showing corporate relationships and complete each sentence with one of the terms below.

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Unit 3 Organizations

Starting up

Would you prefer to work for a big or a small company or organization? Why? What are the advantages of each?

Read the following statements, and decide whether they are about the advantages of working in a big or small company.

1 If you have problems with your colleagues you can always change departments.

2 The atmosphere is friendlier and you know everyone.

3 You are often responsible for a variety of different tasks.

4 You can actually see the result of your contribution to the company.

5 You can be proud of working for a company with a national or international reputation.

6 You can become more specialized in your work.

7 You can deal with problems face-to-face.

8 You have a better possibility of realizing your potential.

9 You have more independence, and you don't always have to wait for permission from a superior.

10 You may be able to go and work in a foreign subsidiary.

11 You often get greater freedom, flexibility and openness to change.

12 You'll probably get a sljghtiy highersalary.

13 You're unlikely to be fired in a sudden reorganization or downsizing.

14 Your company will be in a better position in an economic downturn or recession.

Part 1

Vocabulary

1.1 Which terms refer to organizations that control another company, and which refer to companies whose shares are held by another company?

a) a holding company b) an associated company

c) a parent company d) a subsidiary (company)

 

Look at the four diagrams showing corporate relationships and complete each sentence with one of the terms below.

sister companies group associated companies holding company

a Owner
           
     
 

 


Company 1 Company 2 Company 3

 

The three companies are an example of a

 

 

 

b ______________________________ 51% 78% 60% Company 1 Company 2 Company 3   The main company is _______________________________
c Owner
           
     
 

 


Subsidiary 1 Subsidiary 2 Subsidiary 3

 

The three subsidiaries are

 

___________________________

 

d Investing company
       
   
 


20% of shares 32 % of shares

 

Company 1 Company 2

 

Companies 1 and 2 are examples of

_______________________________


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