Match the terms on the left with the definitions on the right: 1. founder 2. annual turnover 3. CEO…

Business

1. The business sector is where production takes place in the economy. The individual agents making up the business sector are called firms. These are the organizations within which entrepreneurship brings together land, labor and capital for the production of goods or services. Economies, in which firms are generally owned by private individuals, rather than by governments, are called capitalist or private enterprise economies. These include almost all the countries in the world today.

2. A firm may be as small as one individual. A large firm is typically a corporation which is a legal entity in itself, having many of the same rights and privileges under law as does a person. The corporation purchases factors of production and receives payment from buyers of its output. The difference between its sales revenue and its costs of production is its profit or earnings. A corporation purchases capital goods, plant and equipment. The owners of a corporation are called shareholders. A large firm typically has many shareholders, some of which are other firms. Firms which primarily invest in other firms are called financial intermediaries. Shareholders play no direct role in the running of the firm, rather they are represented by a board of directors who are elected by shareholders. Shareholders are not liable, in general, for the debts of the corporation.

3. The corporation managers may not even be shareholders. These managers are appointed by the directors as officers of the corporation who are then legally empowered to conduct its business. A primary responsibility of the directors of a corporation is the hiring and oversight of the officers.

Answer the questions:

1. Where does entrepreneurship bring together land, labor and capital?

2. What does a corporation purchase?

3. Do shareholders play a direct role in the running of the firm?

Read the Learn this! box and match the prefixes below with

the nouns.

multi mini ex auto co sub semi pseudo

1 biography

2 footballer

3 skirt

4 vitamins

5 zero

6 founder

7 science

8 conductor

II. Continue the sentences:

8. International human rights organizations deal with

a. domestic human rights violations;

b. human rights protection in particular European states;

c. transnational human rights issues.

9. … is one of the most influential international human rights organizations made up of 193 member states.

a. the Council of Europe;

b. the European Union;

c. the United Nations.

10. The European Court of Human Rights is located in …

a. Brussels (Belgium);

b. Strasbourg (France);

c. Hague (the Netherlands).

11. … is more of a cultural institution that is primarily concerned with developing and spreading the awareness on human rights to its members.

a. the Council of Europe;

b. the European Union;

c. Amnesty International.

12. The Council of Europe and the European Union share the same…

a. objectives;

b. values;

c. responsibilities.

13. All functions of international organizations must be performed in accordance with …

a. their charters;

b. their structure;

c. their constitution.

In each group of words choose the odd one.

1.a. reluctantly b. doubtfully c. uncertainly d. readily

2.a. interact b. perform c. operate d. act

3.a. equality b. balance c. equilibrium d. similarity

4.a. reasons b. results c. causes d. forces

5.a. place orders b. fill orders c. meet demands d. satisfy demands

6.a. clear the books b. fill orders c. take orders d. honor orders

7.a. chart b. graph c. curve d. scheme

8.a. depict b. define c. underlay d. determine

9.a. chart b. shift c. curve d. change

10.a. ready b. reluctant c. willing d. wishing

Переведите на русский язык, обращая на инфинитивную конструкцию Complex subject. 1. She is considered to be the best manager in our company. 2. The opening of the trading centre is supposed to be fixed on November. 3. Marketing is known to include product planning, storage, transporting, pricing and selling goods. 4. Availability of the right product at the right time in the right place is known to bring mutual benefit to customers and vendors. 5. Large corporations are known to have the ability to attract financial resources and to hire the best managers. 6. One disadvantage of large corporations is considered to be double taxation. 7. All banks are required to be members of the Federal Reserve System. 8. He is known to be a highly educated and skilled manāger.

Помогите пожалуйста

The English commercial banks have branches in all the major towns and a similar structure and mode of working is common to them ail. The owners are the shareholders. At the outset they provide the necessary capital. They are all organized on the joint stock principle and are registered public companies.

The Chairman and Board of Directors are elected by the ordinary shareholders at the Annual General Meeting and are responsible for the efficient management of the bank. The Board concerned with the over-all policy of the bank and the major decisions which put that policy into effect.

The Board will appoint a Managing Director who is directly responsible to them and a member of the Board. They will also appoint the most senior executives, who in turn appoint the rest of the clerical staff, who will be responsible in different, capacities for the day to day running of the bank.

The essence of a bank’s activities is the collection of deposits through current accounts and deposit accounts and the use of these funds to provide loans or funds for investment. The current account is the one commonly held and is drawn upon by cheques and standing orders. The deposit account is more in the natural of a savings account. The pattern of investments, which a bank decides upon is crucial because on the one hand, the bank must use the funds wisely to make a profit and on the other funds must be available for depositors to withdraw when they wish to do so.

Найти в тексте производные от следующих слов:

to meet

a share

to work

to manage

active

2. You are going to read an article about how to get a job abroad. Before you read match a word on the left with a word on the right to make a collocation.

1 career a) process 5 degree e) letter

2 work b) language 6 cover f) an application

3 foreign c) placement 7 short g) subject

4 application d) ladder 8 withdraw h) list

Complete the sentences using the words in the box.

voyage, tour, trip, cruise, travel, journey

1. Last year Sam went on a ___________ of Europe, and visited seven countries in two weeks.

2. I went on a one-week __________ around the Mediterranean, on a huge ship called

the “Ventura”.

3. Last Saturday Tina went on a school _______ to London and visited the

Houses of Parliament.

4. None of Tim’s friends enjoy _______, so he always goes on holiday alone!

5. It was a long ________ from Cairo to Istanbul, but all the travellers enjoyed it.

6. Our ship sailed from Australia on a long _________ that took us all the way to Britain.

1.Question: By the end of the year, the company _______ a new software system to streamline its operations. • • a) will implement • b) implements • c) is implementing • d) implemente 2.Question: The IT department _______ a major upgrade to the network infrastructure next month. • • a) will perform • b) performs • c) is performing • d) performe 3.Question: By 2025, many businessesmenting • d)artificial intelligence to enhance their processes. • • a) will utilize • b) utilize • c) are utilizing • d) utilize 4.Question: Our team _______ a comprehensive analysis of the cybersecurity threats in the coming months. • • a) will conduct • b) conducts • c) is conducting • d) conducted 5. Question: By the next quarter, the company _______ a new data management system. • a) will introduce • b) introduces • c) is introducing • d) introduced 6. Question: The software development teamnts • c) is the final testing phase by the end of the week. • a) will complete • b) completes • c) is completing • d) completed 7. Question: By the end of the year, the IT department _______ the legacy systems with modern solutions. • a) will replace • b) replaces • c) is replacing • d) replaced 8. Question: By 2030, most businessesnts • c) is blockchain technology for secure transactions. • a) will adopt • b) adopts • c) are adopting • d) adopted 9. Question: The company • b) implema significant investment in cloud computing infrastructure in the near future. • a) will make • b) makes • c) is making • d) mad 10.Question: By the next fiscal year, the IT team _______ a comprehensive cybersecurity framework. • a) will develop • b) develops • c) is developing • d) developed

In law, it is important to distinguish between the parties involved in a

transaction or an action. Complete the sentences below, using words from the

box. Not all words will be needed.

Cлова: signatories, buyer/seller, borrower/lender, supplier/producer,

wholesalers/retailers, lawyer/client, teacher/student, plaintiff/defendant,

licensee/licensor, franchiser/franchisees, undersigned,

parties to the agreement

1. Everyone promises to obey the treaty – all major countries are …signatories… to

it.

2. The beer can be produced under licence but the ……………………. must fulfil

all the requirements imposed by the ……………………. .

3. Many projects require the cooperation of various partners. If they all agree to work

together, they become ……………………………. .

4. The price was negotiated between the ………………………… and the

………………… of the house, in a private sale.

5. Some clothes companies sell their products on a franchise basis: each country has

a main ……………………., with numerous people working as

……………………. .

6. The bank agreed that the ……………………. should pay 12% on the loan, so the

………………………… made a fair profit!

7. In the civil case, the ……………………. brought an action against the

…………………. for damaging his car on purpose.

8. Manufacturers sell their goods to ……………………., and in turn,

……………………. buy from them.

9. The relationship between a ……………………. and ……………………… is

bound by confidentiality.

10. A letter was sent to the manager complaining about working conditions. All the

members wrote their names. The letter read: ‘We, the ……………………….,

strongly protest about conditions at work.’