VOCABULARY FILES C2 - UNIT 1 - 3

The owners __________ a very tight ship and are highly regarded for what they have achieved with very limited resources in a very short space of time, owning almost completely to their efficiency and excellent organisation of the business

There is the talk of the two struggling companies __________, and it is believed that they would benefit significantly from synergy were this to happen.

All staff have been warned that they __________ the axe should productivity not improve, and that no one, no matter how senior, is exempt from having to up their performance.

The company __________ an unexpected profit warning on Monday sparking a two-thirds drop in its share price as investors __________ in panic-selling.

Management has promised to __________ an easy transition to the new ownership structure.

Rumours abound that Maxwell Mining is about to __________ on the stock exchange

• float

• issue

• put

• embark

Write down the definition of the word:

credit crunch

Write down the definition of the word:

cut-throat business

write down the definition of the word:

takeover bid

give an example for the following word

monopoly