BE: week 1

REVENUE

/ˈREV.Ə.NUː/

The income that a government or company receives regularly.

The company has an estimated annual revenue of $50 million.

EMPLOYEE
/ɪMˈPLƆɪ.Iː/

A person who is paid to work for someone else.

The number of employees in the company has trebled over the past decade.

OPERATE

/ˈⱭː.PƏ.REɪT/

If a business, system, etc. operates in a particular way, it works or is used in that way.

The company operates as an international delivery service for produce trading companies.

SPECIALIZE

/ˈSPEƩ.Ə.LAɪZ/

To offer a particular product or service more than any other, usually so that you have

The company specializes in customized computer systems.

SUBSIDIARY

/SƏBˈSɪD.I.ER.I/

A company that is owned by a larger company.

The parent company was English and subsidiary companies were based in the USA.

COMPETITOR

/KƏMˈPET.ɪ.TƏR/

A person, team, or company that is competing against others.

Many companies focus much of their energy on taking market share from their competitors.

PRODUCE
/PRƏˈDUːS/

To create something or bring into existence.

Foreign-owned companies now produce a quarter of our manufacturing output.

EXPORTER

/ɪKˈSPƆː.TƏR/

A person, country, or business that sells goods to another country.

France is the world's second-biggest exporter of agricultural products.