Listening for (1) comprehension (2) language features (vocabulary and grammar)
Business Advantage p.11
- The Competitive Environment in Sport and Business
- Monopolies, oligopolies and perfect competition
Notes:
Company Law A merger takes place when one company is absorbed into another company.
A+ B = A (A is the acquiring company and survives, B is the acquired company and disappears).
In a consolidation both companies (A & B) disappear, and a new company C is formed: A + B = C.
Key Vocabulary:
take over bid/tender offer (U.S.) = acquiring company makes a public invitation to shareholders of the target company,
hostile/friendly takeovers (the latter is supported by the management of the target company, the former is not)
Competition Law
Merger Regulation
Barriers to entry
Price fixing (illegal)
Predatory pricing (illegal)
Homework:
p.11 question 3
Going Further:
(1) Sport and Business: What are the the different views of competitive sport presented in the following films?
Moneyball (2011)
Next Goal Wins (2014)
(2) English Tenses and Thinking in English
2 comments:
I have built up the following sentence :
"Owing to huge throat-cut competition, we have been compelled to revise our selling prices"
Cheers,
Luigi
Hi Luigi, good to see you making the new vocabulary your own. I'm not sure if "huge" collocates with competition, "considerable" might be better.
See you tomorrow.
Post a Comment