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  1. Find in the text the synonyms to the words:

1) «нацеливать, устремлять» - 4 synonyms to target to aim to shalk out

2) «определять» define

3) «отражать» reflect

Task 4

Complete the phrases with the correct prepositions.

  1. to react to happenings

  2. effective management tools for reducing risks

  3. to provide a means for involving personnel

  4. experience gained throughout the development of a plan

  5. to distinguish the organization from others

  6. a business must continually adapt to its competitive environment

  7. the specific phrasing of the ideology may change with the times

  8. to be central to the firm

  9. to move into a totally different industry

  10. the purpose sets the firm from other firms

  11. initial attempts often result in a statement

  12. to lead to the fact

  13. to provide market research data to customers

  14. In contrast to the core ideology

  15. goals differ according to organizational level

  16. goals usually focus on long-range issues

  17. relating to the organization

  18. tactical goals aim at intermediate-range issues

  19. goals orientate toward short-range issues

  20. to work against each other

  21. all goals at any level must be coordinated with and subordinated to the goals of the next higher level

  22. a philosophy based on converting organizational goals into personal goals

Task 5

After you have read the text:

Research high-profile, successful organizations and consider how well their mission statement matches the public perception of them and reflects their business philosophy.

  • American Express

  • Nescafé

  • Ford Motor Company

  • General Electric Company

  • IBM

  • Johnson & Johnson

  • Microsoft Corporation

Task 6

Give the English equivalents of the following phrases.

  1. Расслабиться to sit back

  2. наиболее эффективный инструмент управления the most effective management tools

  3. вовлечение порождает множество преимуществ Involvement produces a multitude of benefits

  4. оставаться относительно стабильным remain relatively steady

  5. обеспечивать руководство в процессе принятия стратегических решений provide guidance in the process of strategic decision–making.

  6. Ключевые ценности отражают самые сокровенные ценности организации. Core values reflect the deeply held values of the organization.

  7. ключевые ценности рассматриваются как актив The company’s values may be viewed as its assets.

  8. ключевая цель отделяет (отличает) данную фирму от других фирм в данной отрасти экономики и задает направление, в котором компания будет продвигаться A core purpose distinguishes the organization from others of its type.

  9. может привести к открытию revelation

  10. в отличии от основной идеологии

  11. конкурентные сильные и слабые стороны competitive strengths and weaknesses

  12. отличительные компетентности компании distinctive competencies of the company

  13. бизнес должен постоянно приспосабливаться к окружающей его конкурентной среде a business must continually adapt to its competitive environment

  14. миссия сообщает основную идеологию компании The mission communicates the firm's core ideology

  15. несколько ценностей, которые являются главными для фирмы are a few values that are central to the firm.

  16. причина того, для чего компания существует is the reason why the firm exists.

  17. ключевая цель – это идеалистическая цель существования The core purpose is an idealistic reason for being

  18. цель получения прибыли не должна подчеркиваться в миссии shouldn’t the profit motive be highlighted in the mission statement

  19. в ответ на первоначальные, ориентированные на товар формулировки миссии

  20. возвышенные цели, которым менеджмент компании решает следовать Visionary Goals are the lofty objectives that the firm's management decides to pursue.

21. наиболее успешные миссии компаний измеримы, поддаются определению и действенны The most successful company missions are measurable, definable

  1. вести к продуктивности и эффективности организации lead to organizational efficiency and effectiveness.

  2. цели должны быть четкими и краткими goals should be clear and concise.

24. потерянная значимость и релевантность lost significance or relevance.

  1. измеримая и реальная цель a measurable, tangible goal

  2. быть тесно связанным с конкурентной средой, в которой компания оперирует be firmly rooted in the competitive environment in which the company operates.

  3. предпочтения руководства management preferences

  4. на миссию компании влияет A company's mission statement is influenced by

Task 7

Correct the statements.

  1. Planning is useless; it doesn’t bring any benefits to companies.

  2. Companies working in one and the same industry should have similar missions.

  3. Company’s core ideology should be changed regularly.

  4. Any value can be viewed as the company’s core value.

  5. The core purpose usually reflects the profit motive and can be easily selected.

  6. Visionary goal are short-term goals which are discovered. There is always a chance to realize them.

  7. The company mission statement should last forever.

  8. Regardless of the management level of an organisation there are the same goals everywhere.

  9. A “call-to-action” mission statement calls to earn profit.

  10. Nothing can influence the company’s mission statement.

Task 8

Study the following words and word combinations with the word “business”. Translate the sentences below.

mean business none of one’s business go out of business businesslike like nobody’s business have no business to do

be in business be busy with mind one’s own business

  1. Mother has busied herself with our affairs for too long.

  2. When traveling on business I take my tiny travel kit. По делу в командировки

  3. Let’s get down to business. Let's begin

  4. She had no business to publish his letters to her. Не иметь права

  5. 50% of these stores were not in business five years ago. Заниматься бизнесом (didn’t function)

  6. They are working like nobody’s business. Good well

  7. Umbrella sellers went out of business. Закрываться выходить из дела (go bankrupt, go bust)

  8. Stop teaching me! It’s none of your business.

  9. Listen to me! I mean business. серьзно

  10. The visit to Copenhagen was brisk and businesslike.(деловой)

Task 9

Put the right words in the blanks.

economy economics economic

economical economically economist

  1. Marx and Keynes are two famous economist

  2. Those people are studying the science of economics

  3. We sometimes call a person’s work his economic activity.

  4. People should be very economical with the money they earn.

  5. The economic system of a country is usually called the national economy

  6. The people in that town live very economically

Task 10

Five Questions to Ask When Writing Your Personal Mission Statement

In his book, The Purpose Driven Life, Rick Warren lists life's five greatest thought-provoking questions that need to be answered when writing your personal mission statement. Here are the questions:

1. What will be the center of my life? What's most important to you? 2. What will be the character of my life? What kind of person will you be? 3. What will be the contribution of my life? When you are gone, what will you be remembered for? 4. What will be the communication of my life? 5. What will be the community of my life? What people are most important to you?

Answer these questions for yourself and write your personal mission statement.

WATCHING & LISTENING

Task 11

Watch the film “The Role of Business in Tomorrow’s Society” (www.youtube.com/watch?v=Xox7ZOBq7jY). Answer the following questions:

  1. the number of transnational companies in the world 25 years ago and now;

7000, 60000

  1. the world’s population today and by 2050; 6.5 – 7.2 - 9

  2. How much money do 1 billion people have today to live on? (More than a billion people survive on less than US$ 1 a day

  3. the main world’s problems/issues; the name of the Group of Business Leaders; (Poverty, enviroment, population globalization) TLG

  1. Why is business good for society? (from the point of view of John Monzoni, CEO, Refining & Marketing, BP)

  2. the questions raised in the modern society (4);

  3. the steps in understanding and answering these questions;

  4. What is “socially responsible investments”?

  5. Can a company make a difference while still making profit?

12

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