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Business Writing Skills (Schäfer)

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Choose the correct tense.

So far this year we

a lot of volatility in the financial markets. The current situation in the world economy
a great deal of uncertainty in the minds of investors. No-one knows what the future
. Last year things were very different: everyone
and the markets
. Of course we know now that our current problems
well before last year.

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Complete the sentences with the correct words.

  1. There was a

    rise in profits

    last month.

  2. We

    our

    profits

    last month.
  3. There was a sharp fall

    our sales last quarter.
  4. Our sales fell

    6% last quarter.

  5. Our share

    price

    a

    last month, but it has since

    and now stands

    £3.78.
  6. Our

    share price

    a

    in May, but it’s fallen back

    since then.

  7. Dividends paid

    to shareholders

    by 6%. Last

    year they

    .
  8. There

    is a

    increase in the rate

    of inflation

    about 1% a year.

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Market share improved slightly.

We had a in market share.

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Profits rose steadily.

We saw a in profits.

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The economy improved gradually.

There was a in the economy.

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Sales fell slightly.

There was a

in sales.

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Profits deteriorated rapidly.

We saw a in profits.

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Change the following verb + adverb sentence into one with an adjective + noun.

Example: Costs were reduced sharply. -> There was a sharp reduction in costs.

Costs rose significantly.

There was a in costs.

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Market share went up by 3%.

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Inflation raised by 2%.

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