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Level 27

WORK Chapter 15: Business reports

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announced record profits
made profits known
decline in demand
A situation that occurs when potential buyers of a product start to purchase it less often or stop purchasing it altogether.
fierce competition
NOT a high competition
meeting their targets
achieve a goal
go into production
start being made
stimulate growth
to encourage (something) to start or progress further
a system of dividing overhead expenses between the various departments of a business
chaired the committee
head of the committee
generate more business
get more business
unique selling points
selling points that are unique
pay dividends
bring advantages
hike in prices
rise in prices
affect the bottom line
affect the net income
balance the books
make sure the amount spent is not more than the amount earned
calling in the receivers
going bankrupt