Advanced Business English John Silberstein Group Y3 Lesson 13

Disposable – dict.com: designed for or capable of being thrown away after being used or used up: disposable plastic spoons; a disposable cigarette lighter. ; free for use; available: Every disposable vehicle was sent. Soaring – dict.com: To ascend suddenly above the normal or usual level Prod – dict.com: To jab or poke, as with a pointed object. To goad to action; incite. Spike – dict.com: something resembling such a nail; an abrupt increase or rise: a chart showing a spike of unusual activity in the stock market Pent up – dict.com: confined; restrained; not vented or expressed; curbed: pent-up emotions; pent-up rage. Vocabulary Review

Tidal Wave – dict.com: large, destructive ocean wave, produced by a seaquake, hurricane, or strong wind; any widespread or powerful movement, opinion, or tendency: a tidal wave of public indignation. Unleashed – dict.com: To release or loose from or as if from a leash: unleashed the guard dogs; unleashed his pent-up rage. Bear Fruit – dict.com: To produce; yield: plants bearing fruit. Spur – dict.com: anything that goads, impels, or urges, as to action, speed, or achievement Profligate – dict.com: utterly and shamelessly immoral or dissipated; thoroughly dissolute; recklessly prodigal or extravagant. Vocabulary Review

Sony, Ericsson: Better Off Alone? Current Events Read the Article and identify 3 Metaphors and rewrite the sentence without using a metaphor.

Use the given words to complete the Metaphors Spike - Sprung - Crash - Slump - Gobbled up - Greenback Consumer spending rose 0.2% in February, but that was due to January’s _______________ in disposable income. During the past fifteen years a new middle class has _______________ up in emerging markets. The last oil price _______________ in the late 1990’s sparked a round of mergers between the big international oil companies. The __________ in oil prices since last summer makes these assets likely target for independent oil companies, which in turn look set to be __________ by the reserve- hungry multinationals. Most of China’s foreign exchange reserves are believed to be held in the __________.

Sony, Ericsson: Better Off Alone? Answer the following questions. Why might it be better if Sony and Ericsson go their separate ways? They have posted another quarterly loss and there is not much technological rationale for Ericsson to stick with Sony. Why might a ‘divorce’ take some time to work out? Ericsson will not want to give up its 50% stake at firesale prices in a deteriorating market. What is described as ‘a strategic pillar’? Sony and Ericsson both reiterated that the joint venture is ‘a strategic pillar.’

Answer the following questions. Up, up and away (reprise) What are the 3 ‘special problems’ listed that make airport construction projects special? Tricky building techniques, interface with transport links and sophisticated electronics to handle passengers and baggage. What position did Tony Douglas have before being put in charge of the project? For three years he was in charge of BAA supply chain. What makes this project so unusual? BAA is running the project itself and as much as possible construction is taking place off-site.