- •Unit 1. What is economics?
- •Lead-in
- •Words with the stress on the first syllable:
- •Words with the stress on the second syllable:
- •Polysyllabic words with the main and secondary stress:
- •Text a: What is Economics? Active Vocabulary
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b: what economics isn't
- •Text c: Micro, Macro and Fantasy Economics
- •Business communication
- •Introductions How to Say Hello
- •If you're determined not to be caught cardless again, here are some tips to help you remember:
- •Grammar present tenses
- •The present simple tense
- •Make up questions the interviewer may ask her. Here are some prompts to help you.
- •Now formulate questions Alice is likely to ask the interviewer.
- •The present continuous tense
- •The present simple versus the present continuous
- •Unit 2. Factors of production
- •Lead-in
- •Reading drills
- •Words with the stress on the first syllable:
- •Words with the stress on the second syllable:
- •Polysyllabic words with the main and secondary stress:
- •Word-formation
- •Text a: factors of production Active Vocabulary
- •Natural resources – land and mineral deposits
- •Human resources – labour
- •Information as a factor of production
- •Vocabulary focus
- •Language skills
- •Writing
- •Text b: entrepreneurship
- •Text c: Factors of Production for an Innovation Economy
- •Business communication
- •In the office
- •Grammar the present perfect tense
- •The present perfect continuous tense
- •The present continuous versus the present perfect continuous
- •The present perfect versus the present perfect contnuous
- •Present tenses review
- •Unit 3.Types of economic systems
- •Lead-in
- •Words with the stress on the first syllable:
- •Words with the stress on the second syllable:
- •Polysyllabic words with the main and secondary stress:
- •Text a: types of economic systems Active Vocabulary
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b:command economy
- •T ext c: the good (and bad) model guide
- •Business communication
- •Grammar exercises past tenses
- •The past simple tense
- •The past continuous
- •The past simple versus the past continuous
- •The past simple versus the present perfect
- •Unit 4. Demand and supply
- •Lead-in
- •Text a: demand and supply
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b. The role of prices
- •T ext c: two factors that affect labour supply and demand
- •Business communication making an appointment
- •Grammar past perfect
- •Past perfect continuous
- •Past Continuous or Past Perfect Continuous?
- •Past Simple, Past Perfect or Past Perfect Continuous?
- •Past tenses review
- •Unit 5. Free-enterprise system
- •Lead-in
- •Text a: what is free enterprise?
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b: role of government in a free-enterprise economy
- •Text c: invisible hand
- •Business communication at the airport Look at the picture. What do you think the phrase Live out of a suitcase mean?
- •Going through Customs.
- •Do the drills.
- •2) Role-play the situations in the airport using the vocabulary of the lesson. Grammar future tenses
- •The future simple tense
- •The future simple versus the present simple
- •The future simple versus be going to
- •Be going to versus the present continuous
- •The future continuous tense
- •The future continuous versus the future simple
- •The future perfect versus the future perfect continuous
- •Future tenses review
- •The imperative mood
- •Unit 6. Forms of business organisation
- •Lead-in
- •Reading drills
- •Words with the stress on the first syllable:
- •Words with the stress on the second syllable:
- •Polysyllabic words with the main and secondary stress:
- •Word formation
- •Text a: forms of business organisation Active Vocabulary
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b: nonprofit organisations
- •Text c: franchising
- •Business communication at the hotel
- •In pairs read the following situations.
- •2). Choose the correct options to the questions.
- •Grammar nouns
- •ArticleS
- •IntoEnglish.
- •Unit 7. Money
- •Lead-in
- •Text a: money and its role in the economy Active Vocabulary
- •Money is a medium of exchange
- •Money is a measure of value or a unit of account
- •Money is a store of value
- •Money is a means of liquidity
- •Vocabulary focus
- •Language skills
- •Discussion points
- •Text b: a glimpse of the american, british and euro
- •Text c: a barter way of doing business
- •Business communication On the phone
- •Inquiring about the telephone number
- •Useful Language Box
- •Grammar determiners
- •Numerals
- •Unit 8. Taxes
- •Lead-in
- •Reading drills
- •Text a: taxes Active Vocabulary
- •Vocabulary focus
- •Language skills
- •Writing
- •Discussion points
- •Text b: taxation in the uk
- •Text c: taxes are good
- •Business communication
- •In company
- •Grammar pronouns
- •Adjective and adverb
- •Very, too, far, much, a lot, rather, a bit, a little, any, by far, quite, nearly, almost
- •Test yourself Test 1
- •Test 11
- •Test 12
- •Test 13
- •Test 14
- •Test 15
- •Граматичний довідник дієслово the verb
- •Дієслова to be і to have.
- •Часи дієслова
- •Група теперішніх часів Утворення стверджувальних, заперечних та питальних форм
- •Правила написання дієслівних форм
- •Типи питальних речень
- •Загальна таблиця випадків використання
- •Не мають форми тривалого часу дієслова, що виражають
- •Інші дієслова, які не можуть виражати дію або стан як процес:
- •Група минулих часів Утворення стверджувальних, заперечних та питальних форм
- •Типи питальних речень
- •Випадки вживання минулих часів
- •Група майбутніх часів Утворення стверджувальних, заперечних та питальних форм
- •Типи питальних речень
- •Випадки вживання майбутніх часів
- •Інші способи вираження майбутнього часу
- •Наказовий спосіб
- •Іменник the noun
- •Число іменників
- •Деякі іменники мають особливі форми у множині:
- •Утворення множини іменників
- •Класифікація іменників за ознакою обчислювані/необчислювані
- •Випадки переходу необчислюваних іменників у обчислювані
- •Іменники, які узгоджуються із дієсловом в однині
- •Іменники, які узгоджуються із дієсловом у множині
- •Рід іменників
- •Рід іменників в англійській мові
- •Відмінки іменників
- •Відмінок іменника. Форми та особливості вживання присвійного відмінку
- •Форми присвійного відмінку
- •Особливості вживання присвійного відмінку
- •Вживання іменників - назв неістот у присвійному відмінку
- •Іменники у функції означення
- •Артикль
- •Вживання неозначеного артикля.
- •Вживання неозначеного артикля a/an (тільки із обчислюваними іменниками в однині)
- •A/anабо one
- •Артиклі з деякими необчислюваними іменниками
- •Вживання означеного артикля
- •Вживання означеного артикля the
- •Вживання нульового артикля (відсутність артикля)
- •Детермінанти
- •Присвійні прикметники і займенники
- •Присвійні прикметники
- •Присвійні займенники
- •Вказівні слова
- •Кількісні слова
- •Some/any/no
- •Many/much/a lot (lots) of/ (a) few/ (a) little
- •All (of)/most (of)
- •Every/each
- •Another/the other/other
- •Both, neither, either, none
- •Числівники
- •Займенник
- •Особові займенники
- •It або there?
- •Неозначено-особові займенники
- •Indefinite Personal Pronouns
- •Зворотні займенники
- •Прикметник
- •Прислівник
- •Ступені порівняння прикметників
- •Особливі випадки утворення ступенів порівняння прикметників і прислівників
- •Appendices
- •Словотворення Word formation
- •Enjoy your reading
- •I, Pencil My Family Tree as told to Leonard e. Read
- •Innumerable Antecedents
- •Money The History of Money
- •Extract 1
- •Extract 2
- •Extract 3
- •Success story
- •The Financier, by Theodore Dreiser Chapter III
- •The Iron Heel, by JackLondon Chapter 2 Challenges
- •Glossary
- •Internet Resources
- •Contents
Business communication
In company
A Describing companies
Ex.1. Fill in the tables below with the different word forms.
Verb (describing an activity) |
Noun (for the company that is involved in this activity) |
Noun (for the activity or sector that a company is involved in) |
to manufacture |
manufacturer |
manufacture/manufacturing |
|
producer |
|
to export |
|
export |
|
designer |
|
to distribute |
|
|
|
|
supply |
to provide |
|
provision |
|
trader |
|
|
|
publication/publishing |
|
importer |
|
to retail |
|
retail/retailing |
to manage |
|
|
|
insurer |
insurance |
to market |
marketing company, marketer (less frequent) |
|
to sell by wholesale/by the gross/in bulk |
|
wholesale/wholesaling |
Ex.2. Fill in the blanks with the correct noun or verb from the above table.
(manufacture) The company is a car ____________ in the USA.
(retail) Chopard is in the jewellery ____________ business.
(import) Europacific Ltd ____________ European shoes into Asian countries.
(export) This company is an ____________ of men’s sportswear.
(design) Our company is a leading website ____________ .
(publish) He works for the company that ____________ reference books.
(distribute) European __________ is handled from our centre in the Netherlands.
(manage) ____________ consulting is aimed at helping organizations improve their performance.
(market) She works in sales and ____________ .
( insure) Allianz is the world’s number two ____________ .
Ex.3. Match these well-known company names with their activities. Use these words in sentences to describe what different companies do.
design of computer software publishing manufacture of consumer electronics motor car manufacture computer hardware manufacture retailing of foods and consumer products advertising oil production broadcasting and Internet |
IBM Microsoft Sony Toyota The Economist Group Walmart Aegis Group BP Corporation Ukrtelecom |
Ex.4. Read descriptions of different companies. Choose one of the nouns below to describe each company.
Law firm, retailer, wholesaler, importer, finance company, website designer, manufacturer, travel company, bank, exporter, transport company
Multimedia Solutions Incorporated has been designing and managing state-of-the-art commercial websites since 1993. The company provides e-commerce solutions for large and small companies in a number of sectors. At present, the company employs 200 full-time Internet consultants and web designers on their permanent staff. They provide consultancy and other services in the following sectors: financial services, insurance brokering and underwriting, travel services, computer retailing, vehicle leasing. The company’s head office is in Guilford, near London. They also have offices in Birmingham, Manchester and Edinburgh, as well as agencies in Dublin, Paris, Rome and Madrid.
Established in 1967, Airbus is a leading aircraft manufacturer with the most modern and comprehensive family of airliners on the market, ranging in capacity from 100 to more than 500 seats. Airbus has delivered over 5,000 aircraft to 180 customers world-wide. Airbus is a global company with its central office in Toulouse and design and manufacturing facilities in France, Germany, the UK , and Spain as well as subsidiaries in the US, China and Japan.
Raiffeisen Bank International AG (RBI) regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets. As of 2013, around 55,000 employees served more than 14 million customers via roughly 3,000 branch offices, the great majority of which are located in CEE. The headquarters of the central institution of the Raiffeisen Banking Group, established in 1927, is in Vienna, Austria.
Allen & Overy is a global law firm headquartered in London, United Kingdom.
A member of the UK's Magic Circle of leading law firms, Allen & Overy is widely considered to be one of the world's elite law firms, advising national and multinational corporations, financial institutions, and governments. Since its founding in 1930, Allen & Overy has grown to become one of the largest law firms in the world, both by number of lawyers and revenue. With approximately 5,000 staff and 38 offices worldwide, the firm provides legal advice in Europe, the Americas, Asia, Australia, and the Middle East.
Marks and Spencer plc (also known as M&S or Your M&S; colloquially known as Marks and Sparks) is a British retailer headquartered in the City of Westminster, London. It has over 700 stores in the United Kingdom and over 300 stores spread across more than 40 countries with 76,250 employees. It specialises in the selling of clothing and luxury food products. M&S was founded in 1884 by Michael Marks and Thomas Spencer in Leeds. In 1998, it became the first British retailer to make a pre-tax profit of over £1 billion.
Ex.5. Read the above information about the companies again and make up a company profile chart as shown below.
Company name |
Multimedia Solutions Inc |
|
|
Main area of business |
|
|
|
Products/services |
|
|
|
Customers |
|
|
|
Location: Head office Subsidiaries |
Head office in Guilford, near London; offices in Birmingham, Manchester and Edinburgh, as well as agencies in Dublin, Paris, Rome and Madrid |
|
|
When did it start up? |
|
|
|
Number of employees |
200 full-time Internet consultants and web designers |
|
|
Other information |
|
|
|
Ex.6. Ask and answer questions about the following companies.
IBM Corporation – Computer hardware, software, IT services and consulting. Founded in June 1911. Headquartes – Armonk, New York, U.S. Area served – worldwide. Employees – 431,212 (2013).
SONY Corporation – Founded 7 May 1946. Headquarters – Minato, Tokyo. Area served – worldwide. Products – consumer electronics, telecommunications, communication & information equipment, films, television, music. Services – financial services, insurance, banking, credit finance and advertising agency. Employees – 146,300 (2013).
Nestlé – Food processing. Founded in 1866. Headquarters – Vevey, Switzerland. Operation – 86 countries around the world. Products – Baby food, coffee, dairy products, breakfast cereals, confectionery, bottled water, ice cream, pet foods. Employees – 333,000 (2013).
FCB – Advertising agency. Founded in 1873 (as Lord & Thomas). Headquarters – New York, Chicago. Number of locations – 96 countries. Services – Marketing communications. Employees – 8,600 (2013).
Ex.7. The following nouns are useful to describe large companies and their parts.
Agency, parent company, enterprise, headquarters, plant, subsidiary, group of companies, branch, department, factory, main office, production facility, warehouse, chain, business, distribution centre, firm, office, multinational, conglomerate, franchise, company, division, head office, sister company, section
Group together the words with similar meaning from the above list.
Model: a company - a business, a firm, an enterprise
a factory -
a warehouse -
a subsidiary -
the head office -
a department -
a multinational -
Ex.8. Complete the description of Nokia Corporation, with one word for each space.
founded partnership employees corporation services headquartered manufacturing facilities
Nokia Corporation is a Finnish multinational communications (1) __________, which is (2) __________ in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki. Nokia is engaged in the (3) __________ of mobile devices and in converging Internet and communications industries. With over 123,000 __________ in 120 countries, sales in more than 150 countries and global annual revenue of over €42 billion as of 2010, it is the world's largest manufacturer of mobile phones. Nokia offers Internet (4) __________ such as applications, games, music, maps, media and messaging through its Ovi platform.
The Nokia Research Center, (5) __________ in 1986, is Nokia's industrial research unit consisting of about 500 researchers, engineers and scientists. It has sites in seven countries: Finland, China, India, Kenya, Switzerland, the United Kingdom and the United States. Nokia operates a total of 15 (6) __________ located in Finland, Brazil, Romania, China, Hungary, India, Mexico and South Korea.
On 11 February 2011, Nokia announced a (7) __________ with Microsoft where all future Nokia smartphones will be powered by the Windows Phone (WP7) operating system.
Ex.9. Search for information about a few companies. Prepare to give a short presentation on any of them. The following phrases will help you to order the information.
Introducing yourself |
Hello. My name is …, and I’d like to welcome you to my presentation. I’m going to tell you about… |
Informing the audience about the structure of the presentation |
My presentation consists of … parts. I’ll begin with… Then, I’ll tell you about … I’ll also look at … Finally, I’ll inform you of… |
Moving from one point to another |
To start with, I’d like to mention … Now, I’ll move on to … As I said before, … In conclusion, I’d like to say … |
Concluding |
Thank you for your attention. If you have any questions, I’ll be glad to answer them. |
B Describing jobs
Remember:
people work for or at a company
they work in an industry, department or team
they are responsible for other staff and for (doing) their work
they are in charge of (managing) other staff
they are responsible to or accountable to their boss/manager
Ex. 10. Read and memorise the following sentences.
I’m a sales manager.
(I’m the Chief Executive Officer)
I work for ATT.
I’m in marketing/banking/insurance.
I’m responsible for handling all projects.
I’m in public relations. I’m in charge of handling the external face of our company to the media and community.
I’m accountable to the General Manager.
Ex.11. Complete the following dialogues.
1) A So, who do you work _____?
B WordStar.
A They’re _____ computers, aren’t they?
B That’s right. I’m _____ product manager. What about you?
A I work _____ Bechtel.
B So you’re _____ the construction business?
A Yes, I’m _____ engineer.
2) А So, you're here on business?
В Yeah. I work _____ a consulting company, Santa Partners.
А And what do you do?
В I'm _____ leading consultant. I’m responsible _____ providing advice and training on the development, administration, and technical aspects.And what company do you work _____ ?
А Inex Chemicals. I'm _____ analyst. My job is to coordinate quality related data from production, service, or process improvement activities.
Ex.12. Read the text and complete the organizational chart of the company.
I think we have a fairly typical organization for a manufacturing firm. We're divided into Finance, Production, Marketing and Human Resources departments.
The Human Resources department is the simplest. It consists of two sections. One is responsible for recruitment and personnel matters, the other is in charge of training.
The Marketing department is made up of three sections: Sales, Sales Promotion, and Advertising, whose heads are all accountable to the marketing manager.
The Production department consists of five sections. The first of these is Production Control, which is in charge of both Scheduling and Materials Control. Then there's Purchasing, Manufacturing, Quality Control, and Engineering Support. Manufacturing contains three sections: Tooling, Assembly, and Fabrication.
Finance is composed of two sections: Financial Management, which is responsible for capital requirements, fund control, and credit, and Accounting.
Ex.13. Read the following job descriptions, then choose the best job title from the list matching each job description.
My job is to look after the employees of the company. I am responsible for recruitment and staff training, and also deal with problems related to pay, pensions, promotion, and so on.
I’m responsible for sales. I’m in charge of a number of salespeople. I also help to devise the company’s advertising policy, together with the marketing department.
I organize the managing director’s appointments, make the arrangements for his meetings and business trips, answer the telephone and greet his visitors. I do some typing – letters, reports, and things like that.
I’m on the front desk, greeting visitors, receiving deliveries, and also I answer the telephone.
I keep the company’s books. This means records of sales income, expenditure, taxes and so on. I’m also in charge of payroll.
I do PR for my company, which involves dealing with the press as well as members of the public. I prepare press releases about things that we are doing, new products, special deals and so on.
I take overall responsibility for the company’s accounts, and control money coming in and going out of the company.
I am in charge of buying the required items for my company. My aim is to get the best possible deal, so I constantly look for new suppliers and technologies.
I help to develop the IT skills of employees. My job is to teach basic PC skills and show people how to use different software packages.
I work with computers. I am responsible for installing and repairing hardware and maintaining databases for our company’s applications.
Receptionist; IT Specialist; Sales Manager; PA to the MD*; IT Trainer; External Relations Director; Finance Director; Accountant; Personnel Manager; Purchasing Manager.
*Personal Assistant to the Managing Director
Ex.14. Look at these words which are often found in job titles.
Senior |
Sales |
Director |
Assistant |
Managing |
Manager |
Vice |
Personnel |
Assistant |
Deputy |
Marketing |
Accountant |
Executive |
Human Resources Development |
Officer |
Personal |
Financial |
Controller |
Chief |
Customer Services |
Executive |
Head of |
Accounts |
Secretary |
Director of |
IT |
Technician |
Assistant to |
Public relations |
Advisor |
These words can be combined in different ways to describe different jobs:
Personal Assistant to the Managing Director
Senior Sales Executive
Sales Assistant
Customer Services Manager
Personnel Officer
Head of Human Resources Development
Ex.15. Think about a job you would like to have in the future. Practise explaining your “job” to a visitor or a new colleague. Use the following notes:
I work for __________.
I’m the/a __________.
I’m responsible for __________.
I’m in charge of __________.