4. Match the words and their definitions:

a)

1. the business of the day/meeting	a. грязное дело
2. business hours	b. личные дела
3. business end	c. приемные часы
4. dirty business	d. практическая, наиболее важная сторона
5. personal business	e. повестка дня

b)

1. business is slack	a. начать торговое дело
2. business is at a standstill	b. вести коммерческую деятельность
3. business drops off	c. заняться бизнесом
4. to set up in business	d. торговля идет вяло
5. business is brisk, booming, flourishing, thriving	e. обанкротиться
6. to talk business	f. торговля стоит на месте
7. to go out of business	g. иметь с кем-л. дело
8. to go into business	h. вести деловые разговоры, говорить о делах
9. to conduct, do, transact; drum up business	i. бизнес угасает
10. to be out of business	j. торговля идет оживленно, процветает, расширяется
11. to do business with smb.	k. выйти из игры, уйти из делового мира

5. Translate the sentences into Russian:

1. I recognized an old friend in him

2. Those who know the most, venture the least.

3. I venture to suggest that your whole idea is unworkable.

4. He sold his house at a profit.

5. It profited him nothing.

6. I profited enormously from working with her.

7. I hope you have profited by your unfortunate experience.

8. The plane is destroyed, a complete wreck: the pilot must have died on impact.

9. The new proposals were intended to soften the impact of the reformed tax system.

10. Falling export rates have impacted on the countries economy.

11. Our ideas about right and wrong are exemplified in the laws.

12. What a business it is to run a government!

13. You had no business to do it

14. Computers empower students to become intellectual explorers

15. We want to empower ordinary citizens.

16. The organization is known for its strange ceremony of initiating new members into the society.

17. It makes a vast difference.

18. He tackled his material problems.

19. She was not daunted by the practical difficulties in the way.

6. A) Give Russian equivalents to the following words and expressions:

• Business Incubator

• Network Marketing

• Limited Partnership

• Sole Proprietorship

• Barter

• Consumer Direct Marketing

• Corporation

• Networking

• Merger

• Downline

• Limited Liability Company

• General Partnership

• Home Based Business

• Independent Contractor

• Intrapreneur

• Joint Venture

• Acquisition

b) Explain in your own words the meaning of these terms.

c) Match the definitions and see if you were right:

1. Taking ownership of another business. Frequently used in conjunction with the word merger, as in mergers and acquisitions.

2. Provides workspace, coaching, and support services to entrepreneurs and early-stage businesses.

3. Direct exchange of merchandise and/or services between businesses.

4. A form of Network Marketing in which the distributors are all also consumers, i.e., they must also buy the product for their personal use.

5. A body that is granted a charter recognizing it as a separate legal entity having its own rights, privileges, and liabilities distinct from those of its members.

6. In a Multi-Level Marketing business, the collection of all people signed up underneath an individual on which the individual receives payment on their sales.

7. An organizational structure in which each general partner shares in the administration, profits and losses of the operation.

8. A home based business is a business whose primary office is in the owner's home. The business can be any size or any type as long as the office itself is located in a home.

9. One who practices an independent trade, business, or profession in which they offer their services to the public. The person contracting for their services must have the right to control or direct only the result of the work and not the means and methods of accomplishing the result.

10. One who takes on entrepreneur-like ventures within a large corporate environment.

11. A legal entity created by two or more businesses joining together to conduct a specific business enterprise with both parties sharing profits and losses. It differs from a strategic alliance in that there is a specific legal entity created.

12. A legal entity that is not taxable itself and distributes the profits to its owners, but shields personal assets from business debt like a corporation.

13. A business arrangement in which the day-to-day operations are controlled by one or more general partners and funded by limited or silent partners who are legally responsible for losses based on the amount of their investment.

14. A joining together of two previously separate corporations. A true merger in the legal sense occurs when both businesses dissolve and move their assets and liabilities into a newly created entity.

15. A business in which a distributor network is needed to build the business.

16. Developing business contacts to form business relationships, increase your knowledge, expand your business base, or serve the community. Also used to describe linking computers systems together.

17. A business owned and operated by one person.