Vocabulary --> General Business --> Business Planning --> Word to practice

Listen to the talk. Then read each question and choose the best answer:

Now let′s turn to page seventeen of the business plan. This section addresses our strategy for long-term development of the company. In order to minimize risk over the long haul, we hope to grow only as quickly as the company can support. In other words, we want to avoid more borrowing so that the primary funding for growth comes from profits. We believe that this is the best way to develop a strong company that will not be seriously harmed by temporary downturns in the market. On page eighteen you will see our evaluation method outlined. The first phase of the evaluation of our business plan is set to begin early next year.

1. When will the evaluation begin?
A. At the beginning of next year.
B. In a few years.
C. At the end of this year.
D. In two years.
2. What is the topic of the talk?
A. How to minimize risk.
B. Long-term growth plans.
C. Where to borrow funds.
D. An offer for a leveraged buyout.
3. How will the company fund its growth?
A. Bank loans.
B. Owner investment.
C. Profits.
D. Sale of stocks.
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