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Complete this letter to shareholders. Use appropriate forms of these verbs.

B) Complete the following sentences using forms of the words from the table above. | Reading 2 | A) Translate the following passage from English into Russian paying attention to business vocabulary. | Self-study section. Grammar revision | Responding | Read the case critique and answer the following questions. | Findings of the study | Read the following case study and then answer the questions below. | Before you read the text look up the following words in your bilingual dictionary. | Before you read the article below, match these words to their definitions. |


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  1. A) Complete each gap with missing phrase from the box below
  2. A) Complete the conversation with a phrase from the box
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  4. B) Complete the following sentences using forms of the words from the table above.
  5. B) Complete the following sentences using forms of the words from the table above.
  6. B) Read the story again and complete it with a connecting words or phrase.
  7. B) Use the words above to complete the sentences.

 

rely on combine with consist of advise on succeed in
invest in spend on account for compete with budget for

 

Dear Shareholder,

I write to inform you that the Board has received information of a takeover bid for your company. This 1………… an attempt by Thor Engineering to acquire a controlling interest by offering to purchase shares at a price of 650 pence. We have brought in a team of consultants to 2………. the tactics we should use to resist the bid.

Although the offer seems attractive, it does not reflect the true value of the company or take into account our future prospects. We have 3……… a major programme of expansion. During the next two years we plan to 4………. new plant and equipment. We have also allocated funds to 5………. a new computerised stock control system which will allow us to 6………. our much larger rivals. Furthermore, we plan to 7……… a machine tool company in a joint venture in China. We are confident this will allow the company to 8…………opening up new markets in Asia.

Policies like these 9……….. our success to date and contribute to our vision of the future. Therefore, we strongly advise you not to accept Thor Engineering's offer. You can 10………. the Board to keep you fully informed of any future developments, but for the present we advise you to take no action in relation to the offer.

Yours faithfully,

Derek Hammond, Chairman

 


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Match these headings to the appropriate parts of the text (1, 2, 3).| Listen to the conversation again and complete the sentences.

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