Global Trade

An … economy is the economy of a developing nation.

• existing market

• emerging market

• emergency market

• enriching market

Franchisers don’t have to … new markets.

• penetrate

• emerge

• update

• meet

Match the words with their definitions.

• business model

• a plan for running a business, identifying where the money will come from

• franchise fee

• a regular fee paid to a person or company for managing a business

• management fee

• wealth or property that is owned by a business or a person and can be invested or used to start a business

• investment

• the one-time payment made by a franchisee to the franchisor for joining the franchise system

• capital

• the act of giving time, money or effort to a particular task in order to make it successful

Match the words with their definitions.

• franchise

• a person or company that has been given a franchise

• outlet

• a company or an organization that gives somebody a franchise

• franchisee

• a shop or an organization that sells goods made by a particular company or of a particular type

• franchiser

• a business or service run under franchise

Product ... involves introducing new products to the market, adding a new feature in an already existing product line.

• GDP

• outlet

• reward

• diversity

We want to be profitable and we have proved that our … is real and successful.

• business model

• business frame

• business role

• business income

The private sector should be encouraged to … in social sectors.

• run investments

• put investments

• do investments

• make investments

... is simply the import and export of goods and services across international boundaries.

Put the collocations in a logical order.

• obtain a loan

• buy a franchise

• find premises

• hire staff

• open an outlet

Choose the correct description.

• Project G has exceeded the budget and is behind schedule.

• Project H is ahead of schedule and on budget.

• Project A is ahead of schedule but over budget.

• Project F has stayed within budget and is ahead of schedule.