1. Match the words (1 – 10) with the definitions (a – j):

1. subsidiary

2. manufacture

3. exporter

4. goods

5. operate

6. signature

7. employ

8. retail

9. introduce

10. offer

1. a person, company, or country that sells products to another country

2. to provide or supply something

3. give someone a job to do for payment

4. a company that is owned or controlled by another larger company

5. work in a particular way or from a particular place

6. make someone know another person

7. make products in large quantities

8. the selling of products to the public, usually through shops

9. items for sale

10. your name as you usually write it, e.g. at the end of a letter

2. Complete the sentences with words from the Useful Language (the first letter is given):

1. Companies publish a………………… reports to inform the public about the year's activities.

2. The company s………………… in selling security systems.

3. Nestle is one of the biggest producers of c………………… food.

4. Retail s………………… are lower than expected this year.

5. The boss refused our r………………… to leave work early.

6. We're trying to keep our new product a secret from our c………………… .

7. We do not sell any alcoholic b………………… .

8. The company is doing a lot to protect the e………………… from pollution by using r………………… packaging.

9. Our m………………… activity is to p………………… information services.

Reading

III. Read the following text and say what the numbers below stand for.

14 630 1918 366,937 114,000,000,000

Panasonic

The Panasonic Corporation is a Japanese multinational consumer electronics corporation. It is based in Osaka, Japan. It specializes in electronics manufacturing and produces goods under a variety of names including Panasonic and Technics.

Panasonic started in 1918 first selling duplex lamp sockets. It operated factories in Japan and other parts of Asia through the end of World War II. Today it is one of the largest electronics manufacturers in the world, along with its main competitors Sony and Toshiba, with annual sales of about $ 114 billion. There are currently more than 630 companies including the parent company and its subsidiaries. 366,937 employees work for the corporation worldwide.

Panasonic consists of 14 business domain companies. Each company has its own production and sales divisions that respond to its own business segment, such as home appliances, office equipment, healthcare products, industrial equipment, original equipment for automobile brands such as Toyota, Honda and Subaru, and other electronic and consumer products. The photographic cameras launched by Panasonic are still on top along with other giants like Sony, and their professional cameras are the best.

In addition to electronics, Panasonic offers non-electronic products and services such as home renovation services.

IV. Match the words from the text with their definitions.

consumer	the necessary tools, clothing etc. for a particular purpose
variety	repair and improvement of a building
worldwide	a separate part of a large organization
domain	in all parts of the world
division	an electrical machine that is used in the house
segment	a person who buys goods or services
home appliance	an area of interest
equipment	introduce something new e.g. a product
launch	a part of something
renovation	difference in quality, type or difference