Vocabulary

1. to act like a person - выступать в качестве физического лица

2. to adopt bylaws - принимать устав и внутренние нормативные акты

3. to apply for a corporate charter - подавать заявление на получение корпоративного патента

4. business receipts - отчисления от коммерческой деятель­ности

5. charitable institutions - благотворительные учреждения

6. to contribute - делать вклад

7. corporation - корпорация

8. to declare personal bankruptcy - объявить себя банкротом

9. to distribute profits and losses - распределять (делить) прибыль и убытки

10. to follow legal procedure - пройти юридическую процедуру

11. general partners - основные, генеральные партнеры (с

полной юридической ответственностью)

12. to get tax benefits - получать налоговые льготы

13. to have final authority - иметь право окончательного при­нятия решения

14. to incorporate - объединяться в корпорацию

15. to invest - вкладывать деньги, инвестировать

16. liability (limited, unlimited) - юридическая ответствен­ность (ограниченная, полная)

17. nonprofit institution - некоммерческое объединение

18. partnership - партнерство, товарищество

19. to pay off the debts of the business - выплачивать долги компании

20. to run a risk - рисковать

21. secret partner - партнер, неизвестный общественности

22. silent partner- партнер, известный общественности, но не имеющий права голоса

23. sole proprietorship - частное предпринимательство

24. stock certificates - биржевые акции

25. stock-holder - акционер

26. to sue and be sued - подавать иск и отвечать по иску

27. to supervise daily management - осуществлять ежедневное руководство

Тема 2 company structure management

Read the dialogue. Give Russian equivalents to the under­lined English words and word combinations. Learn them by heart.

Dialogue

Ann is having lunch with her sister Barbara. Ann has just accepted a position as Administrative Assistant. Her boss is an executive with a firm that manufactures heavy machinery used in construction.

Barbara: You've got a new job, Ann. My congratulations.

Ann: Thanks, Barbara.

Barbara: Tell me a few words about your boss. What does he do?

Ann:Well, he is one of the vice presidents of the company, so he's rather important. He is an executive.

Barbara: Do you know the difference between an executive, a manager and an administrator?

Ann: I am afraid, I can hardly tell you the difference. I think these words are interchangeable and they really aren't different in many companies.

Barbara: What about your company?

Ann: In our company the top officers are called administrators. The next highest group - the vice presidents, the heads of major departments and branch plant managers - are executives like my boss.

Barbara: Is that all?

Ann: The group below consists of managers, they are general managers and foremen.

Barbara: So I see that an organization has a number of positions

and some people have more authority than others.

Ann: You are right.

Barbara: But it would be interesting to know more about the

functions of an executive like your boss.

Ann: I'd say he makes a lot of important decisions. He sets objectives, coordinates work, delegates authority, makes hiring, firing, evaluating and just general leading.

Barbara: It seems to be important.

Ann: It is important. It's evident that making careful decisions

is the basis of good management.

Barbara: But do you work under much pressure?

Ann: Barbara, you know I am quite used to working under pressure from my last job. I am also accustomed to lots of paper work and red tape.

Barbara: Good for you.

Ann: And what's more important I feel that I can learn a lot because my boss is very competent.

Barbara: Good, I think we'd be in a hurry not to get late for the work.

Notes

1. to work under pressure - работать по принуждению

2. to delegate authority - распределять обязанности

3. red-tape - зд. бюрократическая, канцелярская работа

Exercise 2. Your executive is a very tough man. What should his staff do to please him?

to be creative - быть с творческим отношением к делу

to be well-organized - быть хорошо организо­ванным

to keep fit - держать себя в форме

to be punctual - быть пунктуальным

to be enthusiastic - быть энтузиастом

to obey the rules - подчиняться правилам