Міністерство освіти і науки, молоді та спорту України

Промислово економічний коледж НАУ

Циклова комісія іноземних мов

Дисципліна - «англійська мова»

Директорська контрольна робота

Варіант 1

1 Translate into English

When we start a business we talk about setting up a business or establishing a business. Once a business has been established we talk about being in business or running a business.

To do business means to trade or deal with a company or country. It's not easy to organize a business and to operate it successfully. When a company is not successful, it may go out of business.

The economic situation, as well as decisions taken by the owners of a company, affects how it grows and changes. You may expand your business, specialize in something, you may also diversify your business.

2 Answer the questions

1. What can a company do to improve its business?

2. What are the owners liable for in limited liability companies?

3. What is a conglomerate?

3 Name the following

1. a gathering of people to discuss work topics;

2. a company whose shares can be bought and sold on the stock exchange;

3. one of two or more organizations that are part of the same group;

4. the people employed by an organization; the staff;

4 Open the brackets

1 We (to advertise) the model for a few months before it was a success on the market

2 We (to buy) more than half of the shares of this company last month.

3 We (to wait) for our partners since 2 o'clock but they (not to arrive) yet.

Міністерство освіти і науки, молоді та спорту України

Промислово економічний коледж НАУ

Циклова комісія іноземних мов

Дисципліна - «англійська мова»

Директорська контрольна робота

Варіант 2

1 Translate into English

As businesses expand they may buy shares in other companies, or join with other companies for a particular purpose. There are different relationships these companies can have with one another. A group is a number of subsidiary companies operating under one leading company known as the parent company. A subsidiary is a company that is half or wholly owned by another company (the parent company).

2 Answer the questions

1. What are corporations?

2. What are the owners liable for in unlimited liability companies?

3. Why do companies unite into a consortium?

3 Name the following

1. a small card showing a person's name, position and company name;

2. a market where stocks and shares are bought and sold under fixed rules;

3. the leading company in a group;

4. a group of directors who are responsible for running a company and usually have legal responsibilities to it;

4. Open the brackets

1 I (wait) for two hours, but nobody (arrive) yet.

2 When I came the Board of Directors (to discuss) this contract for an hour.

3 I (to send) them a fax today.

Міністерство освіти і науки, молоді та спорту України

Промислово економічний коледж НАУ

Циклова комісія іноземних мов

Дисципліна - «англійська мова»

Директорська контрольна робота

Варіант 3

1 Translate into English

A Board of Directors is persons elected by the shareholders to control a company and to look after their interests. The board is responsible for overall policy decisions of the company and for appointing the management team which runs the company on a day-to-day basis. There might be nonexecutive directors who do not have any responsibilities. These might be well-known industrialists, financiers or politicians who will improve the reputation of a business. All directors will own shares in the business.

2 Answer the questions

1. What is the economic system made up of?

2. What are the owners liable for in limited liability companies?

3. What is a holding company?

3 Name the following

1. a large group of companies;

2. a company that may not offer its shares for sale to the public;

3. a temporary association of two or more companies for a major project that is too complex for any of them to do alone;

4. people at the head of an organization;

4 Open the brackets

1 How long you (to do business) with this firm? – We (to do business) with them for about four year.

2 By the 1990's they (build) their financial empire.

3 We (to wait) for you for 2 hours before your secretary called.

Міністерство освіти і науки, молоді та спорту України

Промислово економічний коледж НАУ

Циклова комісія іноземних мов

Дисципліна - «англійська мова»

Директорська контрольна робота

Варіант 4

1 Translate into English

The company is run by a Board of Directors; each Director is in charge of a department. However, the Chairman of the Board is in overall control and may not be the head of any one department. The Board is responsible for policy decisions and strategy. The Managing Director (sometimes called the Chief Executive, or President in the USA) is the head of the company, who has overall responsibility for the running of the Business.