- •Part II. Finance Unit 1 a country's economy
- •I. Read the following text and be ready to summarise the main idea.
- •II. Answer the following questions:
- •III. According to the text, are the following statements true or false?
- •IV. Complete each sentence with the correct form of the word.
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Africa's Strong Growth
- •VI. Answer the following questions:
- •VII. Match the words from the text with their definitions.
- •VIII. Fill in the gaps with words or word-combinations from the list.
- •I. Listen to the recording and fill in the data on the economy of Aland and Beland.
- •II. Listen to the recording one more time and answer the following questions.
- •I. Using information of International Financial Programme, summarise the situation in Brazil.
- •II. Translate the following article into English: Япония: как обуздать дефляцию?
- •Unit 2 Mergers and takeovers
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text 1. Merger Mania As Telecoms Goes Multimedia
- •III. Match the words from the text with their definitions.
- •IV. Find in the text English equivalents to the following words and create your own sentences using them:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Novoship Agrees To Merge Limit, As Russian Ship Monopoly Vetoed
- •VI. According to the text, are the following statements true or false?
- •I. Speak out:
- •II. Read the following information and discuss the questions that follow.
- •Unit 3 The Consumer Society
- •Read the following text and be ready to summarise the main idea.
- •II. Answer the following questions:
- •III. Find the sentences in the text that prove the following statements and comment on them:
- •IV. Circle the most appropriate synonym according to the contextual meaning of the word:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. The pr Industry Today
- •VI. Answer the following questions:
- •Fill in the table with the suitable words and expressions to describe all possible pros and cons for each mean of Mass Media:
- •Match the words with their definitions.
- •Unit 4 Commodity markets
- •Read the following text and be ready to summarise the main idea. Text 1. China Effect Convulses Commodity Markets
- •II. Answer the following questions:
- •III. Complete the following lines with the words from the text:
- •IV. Match the words from the text with their definitions.
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Gold Market
- •VI. According to the text, are the following statements true or false?
- •VII. Read text II attentively and finish the statements choosing the best variant.
- •VIII. Find words and phrases in text II corresponding to the following definitions
- •I. Listen to the text and write a short review on Kuala Lumpur trading in palm oil.
- •II. Listen to the recording and write down information about:
- •1. Using information from the recording write a short report for your imaginary client dealing with tea export.
- •2. Don't forget to give a title to your report, briefly summarise the information and give your recommendations in the end. Unit 5 Company finance
- •I. Read the following text and comment on the six effective cost-control strategies outlined in it. Text 1. Do-It-Yourself Growth Capital
- •II. Answer the following questions:
- •III. Rewrite the sentences using the words and word-combinations from the text instead of the underlined ones.
- •IV. Fill in the gaps with the words or word-combinations from the list.
- •V. Read the text and point out the main ideas which are discussed in it.
- •VI. Answer the following questions.
- •VII. Give definitions to the words from the text. Make up your own sentences using them.
- •VIII. Circle the most appropriate synonym to the word according to its contextual meaning.
- •I. Speak out:
- •Unit 6 Bankruptcy and receivership
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text 1. Micky McDonald Ran Westbeach For Five Years. Then It Went Bankrupt.
- •II. Choose the best variant:
- •III. According to the text, are the following statements true or false?
- •IV. Find the words in the text referring to the given definitions:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Lawsuit Bursts Balloon Of Party-goods Chain
- •Unit 7 Stocks, shares and investment
- •Useful language
- •Read the following text and be ready to summarise the main idea. Text I. Apple Pie Stock Options
- •I1. According to the text, are the following statements true or false?
- •III. Match the words from the text with their definitions.
- •IV. Find English equivalents in the text to the word-combinations that follow:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. Sound Investing During Market Volatility
- •VI. Answer the following questions:
- •VII. Match the words from the text with their definitions.
- •VIII. Continue the list of synonyms with the words from the text:
- •II. Listen again and answer the following questions:
- •Unit 8 Exchange and interest rates
- •Read the following text and be ready to summarise the main idea. Text 1. Forces Behind Exchange Rates
- •I1. Answer the following questions:
- •III. According to the text, are the following statements true or false?
- •IV. Give definitions to the words from the text according to their contextual meaning:
- •V. Read the text and point out the main ideas which are discussed in it. Text II. The Dollar's Decline Accelerates
- •VI. According to the text, are the following statements true or false?
- •Vi1. Find the words in the text referring to the following definitions:
- •VIII. Fill in the gaps with the words or word-combinations from the list:
VI. Answer the following questions:
1. How does the process of product evaluation go?
2. According to Don Sheelen, what skills and knowledge one needs to be a professional in public relations practice? Which ones do you consider to be irrelevant?
3. What is a spin?
4. What is the difference between Public relations and publicity?
5. What role does demography play in PR?
Fill in the table with the suitable words and expressions to describe all possible pros and cons for each mean of Mass Media:
|
Newspapers |
Radio |
Magazines and journals |
Outdoor advertising |
Television |
Advantages |
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|
|
|
|
Disadvantages |
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|
|
Short life span, may be expensive, relative to other media, hasty reading, long lead time, hard to target customer, requires production specialists, brevity of the message, temporary nature of message, high mortality rate for commercials, repetition, visual and audio capabilities, flexibility in getting attention of consumer, reader control of exposure, audio capacity, fragmented and inflexible, selectivity for demographic and geographic segments, repetition of exposure to customers, quick communication of simple ideas, ability to promote products, available for sale nearby, lasts as long as magazine is kept, merchandising service, high in quality reproduction, prestigious advertisement, credibility of magazine is high, low cost, poor reproduction, impact, mass coverage, short exposure time, lack of creativity, community prestige, often limited control over location of advertisement, coordination with national advertising, intense coverage, extra services, temporary nature of message, evidence of public distrust, don’t have visual capacity, short lead time.
Match the words with their definitions.
Press and Public Relations (PR)
Brochures, leaflets and printed material
Door-to-door leaflet drops
Display advertising
Directories
Web-sites, e-broadcasting
Direct mail
Local radio, TV
Guide books, handbooks and newsletters
Open days and exhibitions
can be used for a variety of purposes, and can be distributed in different ways. Your local printer will give you an indication of cost.
you actually get to talk to your potential customers, but there's a limit to how many people you can target and costs can be big.
publishing your own information material is potentially very effective, and costs can be reduced by selling advertising space to other interested organisations.
taking an ad in the editorial sections of magazines or newspapers. If you want a direct response, feature a coupon of some kind. Otherwise display advertising is mostly about image-building and creating awareness.
can be very effective, but good response relies on a good list and excellent execution. Better than 5% response is very good; less than 1% is more common.Loose and bound inserts - inserted into newspapers, magazines, programmes, etc. You have to produce the materials yourself and then pay for them to be inserted.
you get a free Yellow Pages entry under a single classification. Display adverts cost more.
often underrated: can be very effective and generally costs nothing more than the time to manage it.
expensive and challenging to create, but any people think this is the future of all advertising and customer communications
you pay to produce the materials and then to have them delivered. Can be roughly targeted at different postcodes.
although getting cheaper all the time, cost and difficulty of accurate targeting can make this hard to justify.
Listening
1. You are going to hear a short programme which deals with consumers' affairs. As you listen:
a) Complete the table below which summarises the programme's contents. Put x where information is not available or not applicable. You may put more than one letter in a box. Use the key below.
ITEM |
1 |
2 |
3 |
COMPLAINT |
Mrs Stewart |
Mrs Bowen |
Mr Walters |
FROM |
|
|
|
CONSUMER |
MO |
|
|
AREA* |
|
|
|
GOODS |
pushchairs etc. |
suit |
stamps |
CONCERNED |
|
|
|
PROBLEM** |
|
g |
|
AMOUNT PAID |
|
|
|
Key
*Consumer area
|
**Problem |
|
Retail R Mail Order — MO Service S
|
Retail and Mail Order a) goods not received; b) goods not satisfactory; c) goods damaged on delivery; d) goods sent unsolicited; e) other; |
Service f) goods lost; g) goods damaged; h) service unsatisfactory; i) service overpriced; j) other. |
b) Choose the best variant:
1. Mrs. Stewart wasn't satisfied with the pushchair when she received it because it
a) was more difficult to assemble than she'd expected;
b) wasn't as properly constructed as she'd expected;
c) was cheaper than the one she ordered;
d) was smaller than the one she ordered.
2. Mrs. Stewart ordered extra goods in order to
a) show them to potential customers;
b) open up a shop of her own;
c) obtain a special discount for bulk orders;
d) supply them to customers at a profit.
3. An investigation is now being made by
a) the newspaper where the advert appeared;
b) the Post Office;
c) the police;
d) the programme itself.
4. Mrs. Bowen's complaint is that her son's suit
a) is now too tight for him;
b) is now too shabby to wear;
c) has been discoloured;
d) has been destroyed.
5. Jack, the programme's adviser, feels that responsibility lies with
a) the dry cleaners;
b) the manufacturers;
c) both the cleaners and manufacturers;
d) the consumer herself.
6. Mr. Walters returned the package because
a) there had been such a delay in its delivery;
b) he didn't think the stamps were worth the money;
c) he didn't want to join a stamp club;
d) he knew he hadn't ordered it.
7. The letter he received threatened to
a) inform his employer's of his debt;
b) damage his credit-worthiness;
c) make him bankrupt;
d) retrieve the money from him at home or at work.
Speaking
All these notes represent advertising 'gimmicks' offers or incentives which catch your attention and encourage you to buy a product.
W
ould
you
be influenced by any of them? Why/Why not? What other examples of
gimmicks can you think of?
Writing
Try to answer the following questions:
What are the arguments for and against modern advertising methods? Does advertising policy exist in our country? Are there any controls which you think should be imposed on advertisers? Name the most successful advertising campaigns in our country. (About 300 words)
