103. Decide what type of business organization is it according to the given description.
Several people called shareholders each own a part - or share - of the business.
The shareholders are sometimes family and friends.
A private limited company(LTD)
104. Match the correct answer.
Who is in charge of …
money-________, employees-________
Money-Finance Director, employees-Human Resources(HR) Director
105. Match the correct answer.
The name of the department that …
invents new products ______
solves computer problems _______
Research and development (R&D)-invents new products; Information Technology (IT) Helpdesk-solves computer problems
106. Read the following reason and find the situation: The company's costs are high almost the same as its prices.
Break even
107. Read the following reason and find the situation: Customers are happy to pay high prices for beautiful products.
Make a profit
108. Read the following reason and find the situation: Prices are too high. The company has stock that it can't sell
Make a loss
109. Find the correct answer: In the evenings and at weekends Eric White sells personalized USB flash drives on his website. Each flash drive costs Eric €12 to make and mail to his customers. He sells the flash drives for €24 each. So find how much is his gross profit per piece?
Euro 12
110. Find a suitable word for the given definition:
_________- a company that has complete control of the product or service it
provides because it is the only company that provides it.
Monopoly
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