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4.Underline the verbs which mean the same thing in each pair of sentences.

5.Use the verbs from exercise 4 which you underlined to complete this company profile.

GKS Services ................. in 1989 when Hans Norland left his job as an engineer in the computer industry. The company ............... security alarms and .................... its products all over the world. It ............. 120 people at its factory near Rotterdam, but the company’s head office is in Amsterdam and ................... a staff of 30. The company ................. a number of new products each year. GKS Services ............... products to the security industry and ................. domestic alarms for the general public.

6. Match the following words with their definitions.

Go public

S sell in overseas market

Go international

trade on the Net

Launch

offer shares on the stock market

Go online

introduce

Achieve sales

set up

Establish

reach a sales target

7. Make up a story about a successful company you know using the suitable vocabulary.

Reading

Lvmh reports strong sales

LVMH company manufactures and sells luxury goods, such as designer clothes, fashion jewellery, watches and luggage. There are several companies in the group. LVMH has 60 famous brands, such as Kenzo, Christian Dior, Donna Karan and others. It has 1500 stores worldwide and is expanding its network. It employs 56000 people. Its head office is in France, but 63% of its staff work outside France.

Sales in LVMH rose 14% to $12.7 bn last year. And the leather goods division of the company made especially good progress.

LVMH had excellent sales because of its strong brands, store openings and successful new product launches. One of its new products, the Tambour watch, did not have huge sales but it brought custome4rs into the stores.

Sales in the US, France and Japan were good. Fewer Japanese tourists travelled last year, but they bought more goods in their home market. Recently LVMH opened a large store in Japan, which is doing well.

LVMH is a creative and innovative group. It aims to impress its customers with its high quality and long-lasting products. Its new products – particularly in cosmetics – depend a lot on research and development. LVMH controls every detail of the brand’s image.

1.Answer the following questions.

  1. What percentage of LVMH’s staff do not work in France?

  2. What were the total sales in LVMH last year?

  3. Which of the following were the reasons for the increase in LVMH’s sales?

  1. well-known products c) better research

  2. new stores d) new products

  1. How did the launch of the Tambour watch help LVMH?

  2. In which markets did LVMH sell a lot of products?

2. Mark each statement true or false.

1. LVMH’s main product is cosmetics.

2. LVMH doesn’t launch many new products.

3. Sales in Japan are poor.

4. LVMH’s products are well-made.

5. The image of its products is important to LVMH.