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Business Vocab: Companies and offices
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the working environment
the place and atmosphere within which people work
a well-established company
a company that has been in business long enough to have a solid client base and good reputation
an upcoming company
a new company making an impression on the market
a tower block
a building with very many floors
to trade (in)
to do business (in a particular field)
to take over
to buy another company
a solid client base
a number of reliable and regular clients/customers
the service industry
companies that offer a service (e.g. training, leisure, marketing)
a security pass
a card allowing entry to premises or building, possibly with a photo of the holder
to be recognized internationally
to be known about and well thought-of around the world
profitable
when a business makes a profit and is not lossmaking
the production industry
companies that produce goods (e.g. cars, steel, plastics)
open-plan
when an office has no interior walls, so that all members of staff are working in the same room rather than in individual offices
on the third floor
when an office is on level 3 or on the third storey of a building
a multinational company
a company that operates in more than one country
to merge
to combine to become one (e.g. two companies)
a hot desk
a desk usually used by contractors, one which does not have a specific employee associated with it
a good reputation
when a company is respected and valued by people
to expand into new markets
to start operating in new regions or countries
to close offices
to cease trading from premises when a business no longer needs as many offices, perhaps due to less demand or because of rising costs
competitive company
when a company offers good products or services at a good rate
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