1. When pleasure interferes with business, give up business. (from American)

2. There are no old friendships in business. (from Ukrainian)

3. Do not leave the morning the business of the evening. (from Turkish)

4. The art of doing business lies more in paying than in buying. (from Spanish)

5. Let every man mind his own business. (from Spanish)

6. Nothing ventured, nothing gained. (from French)

7. Who ventures to lend, loses money and friend. (from Dutch)

8. Venture a small fish to catch a much greater one. (English proverb)

9. Profit is the brother of loss. (from Turkish)

10. Cut your losses and let your profits run. (from American)

11. Accomplishment of purpose is better than making a profit. (from Nigerian)

12. Where profit is, loss is hiding nearby. (from Japanese)

13. A wealthy man will always have followers. (from Nigerian)

14. Poverty is not a crime. (from Spanish)

15. Work is the medicine for poverty. (from Beninese)

16. True poverty does not come from God. (from Yiddish)

17. The doctor has a remedy for everything but poverty. (from Yiddish)

18. When poverty comes in the door, love flies out of the window. (English proverb)

19. Unemployment does not guarantee leisure. (English proverb)

b) Choose one of the proverbs to comment on.

Task 28. Translate into English:

1. Слово “бізнес” широко використовується в багатьох мовах. 2. Поход-ження слова “бізнес” пов’язане зі станом зайнятості. 3. Термін “бізнес” застосовується до багатьох видів підприємництва. 4. Точне визначення “бізнесу” залишається дискусійним питанням. 5. У найширшому розумінні бізнес включає в себе діяльність усієї спільноти постачальників товарів і послуг. 6. Бізнес включає в себе виробництво, торгівлю й інші види економічної діяльності окремих осіб та установ. 7. Мільйони людей займаються виробництвом, купівлею, продажем або постачанням товарів і послуг. 8. Прибуток – це гроші, які залишаються після сплати всіх витрат. 9. Створення економічного надлишку є основною метою ділової діяльності. 10. Бізнес – це серія викликів, перешкод, економічних змін. 11. Підприємство повинно постійно оновлюватися та розвиватися, щоб залишатися успішним. 12. На жаль, бізнес не завжди йде жваво. 13. Хто не ризикує, той не п’є шампанське. 14. Бізнес часто визначають як мистецтво відбирання грошей з кишені людей, не застосовуючи силу. 15. Бізнес – це сфера, де кожен може відзначитися.

Task 29. Answer the questions:

1. What is the etymology of the word “business”?

2. What does the concept of business cover?

3. What is the exact definition of business? Is it still a matter of debate? Why?

4. What are the three most common usages of the term “business”? What do they depend on?

5. Is business an increasingly important activity throughout the world today? Why?

6. What is a primary goal of business activity?

7. What is an economic surplus?

8. What makes business similar to life itself?

9. What will always remain the integral part of business?

10. Why must enterprises continually re-invent and develop themselves?

11. Is business a risk-free activity? Explain your answer.

12. What makes activities of venture capitalists risky?

13. Why is business sometimes defined as the art of removing money from a person’s pocket without using violence? Do you agree with the definition?

14. How does business contribute to the social welfare?

15. Is business important for personal prosperity? Why?

Task 30. Say what you know about:

1. The etymology of the word “business”.

2. The scope of meanings of the term “business”.

3. Major goal of business activity.

4. The cyclical nature of business.

5. Most venturesome activities in business.

6. The importance of business for social welfare.

Task 31. Comment on the following statements:

1. Business is business.

2. Business before pleasure.

3. Profit is the brother of loss.

4. Work is the medicine for poverty.

5. There are no old friendships in business.

6. A wealthy man will always have followers.

7. Everybody’s business is nobody’s business.

8. The growth of a large business is merely the survival of the fittest. (John D. Rockefeller).

9. It is difficult but not impossible to conduct strictly honest business. What is true is that honesty is incompatible with the amassing of a large fortune. (Mahatma Gandhi)

10. Business is not a game (although it has many parallels in sport), is not a club or benevolent society but should be the most noble of all human endeavour with the highest ethics, standards, diversity and above all, transparency.

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John D. Rockefeller [`rOkəfelə^r] (1839-1937) a US businessman and philanthropist, known for being extremely rich.

incompatible [ֽınkəm`pætəb^əl] – несумісний, несполучний (з – with);

amassing [ə`mæsıŋ] – накопичення; нагромадження;

Mahatma Gandhi [mə`hætmə `gændi] (1869-1948) an Indian lawyer and politician who successfully led the fight for India’s independence from the British. Gandhi is famous especially for developing the idea of non-violent protest, and his methods have been copied in many other places;

benevolent [bə`nevələnt] – доброзичливий; милосердний;

noble [`nəub^əl] – благородний; шляхетний;

endeavour [ın`devə] – намагання; зусилля;

transparency [træn^ts`pærən^tsi] – прозорість.