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English Vocabulary in Use Pre-Intermediate (Unit 39: Running a company)


A. A successful business

This is the story of a company that has achieved a great deal [a lot] in a short period of time.

Language help

If you achieve something, you have been successful in something that needed a lot of work and effort. The noun is achievement, e.g. Writing a book has been my greatest achievement.

1 place where bread and cakes are made or sold
2 now, at the moment (NOT actually)
3 started (used about a company or organisation)
4 a plan of what you hope to achieve
5 different types
6 how good or bad something is
7 when more people want to buy something
8 people with skill/knowledge in something
9 organised and controlled
10 every day
11 taken (to shops)
12 company or business
13 become bigger

B. A view of a company

Morgan&Stenson

Morgan & Stenson are a firm of accountants 1. They were formerly2 Stenson & Son, but were taken over3 by JS Morgan five years ago. James Morgan took up the position4 of senior partner, and the company changed its name to Morgan & Stenson. The headquarters5 of the firm are in Newcastle, but they have five other branches6 in different parts of the north-east of England. James Morgan is a former owner of a football club, with many contacts7 in the football world, so many of his clients8 are footballers.

Last year the company attracted a lot of attention9 when it became the first firm of accountants to advertise on local TV and radio. At the time, James Morgan said it was his ambition 10 to change the image11 that people have of accountants.

1 people who control a person or company’s money
2 in the past but not now
3 JS Morgan got control of Stenson & Son
4 started in the job
5 the place where the main office is
6 offices that are part of the company
7 people you know
8 people who pay someone for a service
9 caused people to notice it
10 something someone wants to achieve
11 the way that people think of them

Language help

We usually talk about an ex-wife/boyfriend, etc., but a former president/career/banker, etc. Shops and organisations have customers; lawyers, accountants, etc. have clients.
We take up a job or activity, but we set up a company.



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