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2. Read the text and find the answers to the following questions.

1. What has the conflict between globalization and localization led to?

2. What should companies do if they want to be successful in foreign markets?

3. Where is management largely based on analysis, rationality, logic and systems?

4. In what cultures are personal relations, intuition, emotion and sensitivity of much greater importance than analysis, rationality, logic and systems? What culture does Ukraine belong to? Why?

5. What does it mean if the culture is essentially individualist?

6. What is the difference between universalists and particularists?

3. Revise the Second Conditional. Find in the text sentences that contain examples of this type of Conditionals. Translate them.

4. Complete the following sentences.

  1. Managing a multinational company would be more effective if …

  2. If I were Japanese and had to make a business deal with an American, I …

  3. If he were promoted, he …

  4. They would try to sell more goods to their colleagues if …

  5. I would be more motivated if …

  6. If I had a possibility to speak to my boss about pay rise, I …

  7. If I had an MBA degree, I

  1. Find in the text the underlined sentence and translate it. Pay attention to the pattern The more …, the more… . (Що більше …, то більше …)

Following the pattern make up 5 sentences of your own.

6. Complete the following passage, using the suitable words from the list below.

  1. agreement g) negotiate

  2. compromise h) shareholding

  3. concession i) deadlock

  4. counter-proposal(s) j) withdraw

  5. deal k) inflexible

  6. equity l) investment

Many countries, such as Nigeria and India are trying to get more control over their economies. They welcome foreign … (1) but insist that their nationals own a percentage of the foreign company’s … (2). The size of the … ( 3) varies, ranging from 20% to 60%, though it can be higher or lower.

When governments try to increase their national equity shareholding, foreign companies are not pleased. Generally they try to … (4) with the government to keep the percentage as low as possible. They argue and haggle, make proposal and …( 5), to persuade the government to give way and make some kind of …(6). If a foreign company employs many local people, or earns a lot of foreign currency, the government may be willing to … (7).

Some governments are very … (8) and will make no concessions. In this case, the negotiations end in a … (9), with neither side giving way. The foreign company ends up by … (10) from the country. In general the foreign firm will make every effort to reach … (11) or make some sort of … (12) with the host government.

  1. Make up the annotation of text a (Look at Apendix on page 172)

_________________

Pre-reading task:

1. Complete the following sentences.

1. The more we communicate with people from different cultures, …

2. The harder you try to work in a team, …

3. The more we exaggerate the problem, …

4. The shorter the day off is, …

5. The less competent you are, …

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