Vocabulary:

Biased- необьективный

Curriculum / curriculum vitae резюме

Vacancy - filling a vacancy

Give notice/lay off/dismiss/firesack уволить

Applicant / candidate

preliminary selection (shortlist) предварительный отбор

internship стажировка

UNIT 6 – WOMEN IN BUSINESS

Question 25: What is a talent pool?

• Available intellectual potential – people who are available for employer to hire.

Question 26: Can you specify ‘’affirmative action’?

• Imposition of a compulsory quotas concerning the number of women among the board members of a company.

Vocabulary:

Critical mass – the number of people needed to start and sustain a change

Leadership ranks – top levels of management

Outperforming – doing better than others, financially

Profitability – the ability to make a good return of capital invested in the business

Return on equity – the amount of money a company earns on the investment of its shareholders

Be dismissed – be fired – be sacked

(In) Compliance (with) – soulad – obeying laws and regulations

Come across – meet or find unexpectedly or by accident

Compulsory – required, obligatory, necessary according to the law

Quota – an officially imposed number or quantity

Voluntarily – done by choice, without legal obligations

Dissolution – the ending or termination of an organization

Apprentices – trainees, people still learning the job

Convert (converse)– someone who changes their beliefs

Accountability – being officially responsible for something

UNIT 7 – THE DIFFERENT SECTORS OF THE ECONOMY

Question 27: How many different sectors of the economy are there? Name them.

• There are four of them – primary, secondary, tertiary (or service sector) and sometimes mentioned quaternary (information services).

Question 28: What does primary sector consist of?

• Mainly agriculture, the extraction of raw materials from the earth.(digging iron ore копать руду,mining coal добыча угля, pumping oil )

Question 29: What does secondary sector consist of?

• Manufacturing industry in which raw materials are turned into finished products.(packaging products, smelting iron, assembling монтаж, cutting metal, laying cables, milling metal фрезерование,pressing metal, building, welding metal сварка)

Question 30: What does tertiary sector consist of?

• The commercial services that help industry produce and distribute goods to their final consumers, as well as activities such as education, healthcare, leisure, tourism and so on.(advertising products, calculating prices, distributing added value, marketing products, transportation, maintance  обслуживание)

Question 31: What does quaternary sector consist of?

• Information services (computing, Information and communication technologies), consultancy, research and development, but also news media, libraries, universities and colleges, and other intellectual activities including culture generally.

Vocabulary:

Exported goods – products sold to other countries

Real estate - property: buildings such as offices, houses, flats (BrE) or apartments (AmE)

Labour - work done in return for money

Delocalize – to move you factories to another region or country

Outsource – to use other companies to do work your company previously did itself

METAL – cutting, milling,welding, pressing (smelting iron, digging iron ore, mining coal)

UNIT 8 – PRODUCTION

Question 32: What is inventory (AmE or BrE) or stock (BrE)?

• Inventory or stock is a company’s reserves of raw materials, parts, work in process and finished products.

Question 33: What is capacity?

• Capacity is the maximum rate of output that can be achieved from a production process.

Question 34: What is a supply chain?

• A supply chain is a network of organizations involved in producing and delivering goods or a service.

Question 35: What is outsourcing?

• Outsourcing means buying products of processed materials from other companies rather than manufacturing them.

Question 36: What are economies of scale?

• Economies of scale are cost savings arising from large-scale production.

Question 37: What is lead time?время реализации

• Lead time is the time needed to perform an activity, such as manufacturing a product or delivering it to a customer.