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Content

Unit I. Company Structures (SB, p. 4–13) 5

Unit 2. Recruitment (SB, p. 14–24) 11

Unit 3. Retailing (SB, p. 25–33) 17

Unit 4. Franchising (SB, p. 34–43) 25

Unit 5. International Business Styles (SB, p. 44–45) 35

Unit 6. Banking (SB, p. 56–64) 42

Unit 7. Business and the Environment (SB, p. 65–73) 52

Unit 8. The Stock Market (SB, p. 74–83) 61

Unit 9. Import-Export / International Trade (SB p. 84–95) 67

Why did Peugeot sign a joint venture agreement? 70

Speak about Peugeot's expansion into India's market. 71

Reading 71

A. The 150 sweaters she sent off last week to Saks Fifth Avenue was the last order on the company’s books. 71

Casualties of the Trade Wars 71

Unit 10. Company Performance (SB, p. 96–103) 79

Unit 11. Setting Up a Business (p. 106–115) 87

Types of ownership 87

Unit 12. Corporate Alliances and Acquisions (SB, p. 116–124) 95

Unit 13. Marketing (SB, p. 125–133) 103

Unit 14. Product and Corporate Advesrtising (SB, p. 134–142) 109

* to lay (someone) off =to stop employing someone.

*** cashmere =a type of fine soft wool.

* oust = force someone from power.

* extraordinary meting = an extra meeting called to deal with matters which can't wait.