3 Match the words and phrases in the box with the correct definition:
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1) a very large organization that owns companies in more than one country in order to obtain cheap raw materials and make efficient use of a local workforce;2) the money gained in a business deal, esp. the difference between the amount earned and the amount spent; 3) a person or business that owns smth; 4) two or more people in business |
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to make a profit by selling goods or services; 5) commercial activities in general; 6) a large group of companies; 7) to enter new types of businesses;8) a nation's system for allocating its resources among its citizens.
4 Choose the correct word from the box to complete the gaps. Translate the sentences into Ukrainian:
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go out of business, affects, to do business, company, corporation, the owner, dealt, trading, set up, expanded, to run, in business, satisfied |
1 It's been a pleasure ... with you.2 My wife’s a doctor, but I’m.... 3 Small shops ... very quickly. 4 She ... her own company and proved to be a very good businessperson.5 They work for an engineering.... 6 When a ... becomes bankrupt, its stock is of no value anymore.7 The company ... its sales force from ten to twenty representatives.8 ... of that car bought it at an auto dealer.9 Have you ever ... with this company before? 10 He has no idea how ... a successful business. 11 An increasing number of European firms are ... with Japan.12 Very hot weather ... how people feel and act. 13 She ... her hunger by eating a steak.
5 Complete the sentences using these often confused words: economic - economical, economics – economy
1 The government's ... policy has created a lot of problems.2 ... is one of the major subjects which future economists study. 3 We are looking for more ... production methods. 4 The country is in a state of... crisis.5 The new heating system proved ... to use.6 The government is attempting to reduce inflation and strengthen the....7 Industrial production has slowed down in all the world’smajor....8 This machine is no longer ... to run.9 The International Monetary Fund helps the ... of the developing world.10 Investors watch the rate of... growth closely.11 My friend studies....
Grammar: Present Simple vs Present Continuous We use the Present Simple (V / Vs):
*for routines and habits:I go to the bank twice a month.
*for permanent situations: My friend works in a bank.
*for facts:Water boils at 100° centigrade.
*for timetables or fixed events in the future, that are beyond the speaker's control: The lessons start at 8.30 am.
We use the Present Continuous (am / is / are + Ving):
*for actions happening now:I’m working on my report at the moment.
*for temporary actions or situations: She’s staying with her friends till she finds a new flat.
*for changing or developing situations: The economic situation is getting worse in this country.
*to talk about something that happens often and is unplanned / irritating (with always): He’s always complaining.
*to talk about future arrangements and plans:I’m leaving at 4 on the first flight to London.
Ex.1. Choose the correct variant:
1 All the guides here speak/are speaking two foreign languages, because a lot of foreign tourists come/are coming every year.2 The meeting starts/is starting. We'd better go in.3 I work/am working for a firm that makes/is making medical equipment.4 I go/am going to the supermarket. Do you want anything?5 The train is leaving/leaves in 10 minutes.6 They always make noise/are making noise next door. 7 Our meetings usually are starting/start at 4 pm.8 When a company isn’t successful, it is going/goes out of business.9 I work/’m working overtime this week.10 Tom is very reliable, everybody is trusting/trusts him.11 He usually is coming/comes to his office on time.12 The sun is setting/sets in the West.13 China becomes/is becoming more popular as a location for international business.14 He earns/is earning over € 20,000 a year.
Ex.2. Complete these sentences using the correct form of the verb in brackets:
1 I never (work) at the weekend.2 He (smoke) 30 cigarettes a day but at the moment he (try) very hard to cut down. 3 What you (think) about? 4 Business (become) more international and secretaries (need) inter-national communication skills. 5 He (make) paper products. 6 The speaker (wait for) a phone call. 7 The manager (check) the production levels every day. 8 Don’t trouble them.They (sign) the contract. 9 Multi-nationals (compete) for a market share. 10 The express train always (arrive) on time. 11 The delegation (come) at 5 pm tomorrow. 12 She (run) her own business. 13 The firm (specialize) in green tourism.
Ex.3. Correct the mistakes where necessary:
1 Although we sometimes go to a restaurant, we usually are eating at home. 2 Most American families has at least one automobile. 3 I’m usually going to the market on Fridays. 4 My friend often go on business trips abroad. 5 Multinationals now operate in every sector of industry. 6 The largest bank in the country plans to close some of its branches. 7 The firm makes excellent progress this week. 8 My friend has collected necessary documentation and now establishes his own business. 9 The South is depending more on small businesses for jobs then on large corporations. 10 Women run 25 % of existing small businesses. 11 I can't talk now. I make a report. 12 Due to expansion, we are looking for new business partners.
Ex.4. Translate into English:
1) Ця компанія використовує найсучасніше обладнання. 2) Емі працює над перекладом економічної статті. 3) Транснаціональні корпорації працюють у багатьох країнах світу. 4) Мій брат займається малим бізнесом. 5) Економічна ситуація в країні впливає на розвиток бізнесу. 6) Багато європейських компаній торгують з Японією. 7) Зараз уряд намагається знизити ціни на продовольчі товари. 8) Її подруга вивчає економіку. 9) Моя фірма зараз шукає нових ділових партнерів. 10) Він заробляє $ 25,000 на рік. 11) Мене не цікавить ваша пропозиція. Я розширюю свій власний бізнес. 12) Власники торгових підприємств зустрічаються завтра о 9 годині.