IX. Complete the sentences (1-5) with the most suitable preposition (a-e):

1. The directors of both companies met to discuss the terms ….. the merger.

a) of b) by c) at d) in e) out

2. …… a mission statement the company will lack direction.

a) By b) Without c) Because d) In e) On

3. She is excellent …… motivating her staff.

a) on b) out c) at d) of e) by

4. We need a very good negotiator ….. this deal.

a) with b) by c) of d) for e) out

5. ….. the reorganization there will be no net loss of output.

a) By b) Of c) For d) With e) During

1	2	3	4	5

X. Сomplete the sentences with the correct form of the words in capitals:

1. Here is the list of ____________ for members to consider. NOMINATE

2. The terms of the contract are ____________ . NEGOTIATE

3. The ___________ has paid the option money. DEAL

4. Goods that are ____________ packaged sell more quickly. ATTRACT

5. The __________ parameters have already been set. FINANCE

Вариант 3

1. Read and translate the text. Write down your translation of the second paragraph. Production Management

1. Production Management is the process of effective planning and regulating the operations of that section of an enterprise which is responsible for the actual transformation of materials into finished products. Until the emergence of the concept of manufacturing, there was no such thing as management as we know it. Production Management is a set of general principles for production economies, facility design, job design, schedule design, quality control, inventory control, work study and cost and budgetary control.

2. Production planning and its control are the main characteristics of production management. In the case of poor planning and control of production activities the organization may not be able to attain its objectives and may result in loss of customer’s confidence and retardation in the progress of the establishment. The main activities of production management can be listed as: specification and procurement of input resources namely management, material, and land, labour, equipment and capital; product design and development to determine the production process for transforming the input factors into output of goods and services; supervision and control of transformation process for efficient production of goods and services.

3. In modern times production management has to perform a variety of functions: design and development of production process; production planning and control; implementation of the plan and related activities to produce the desired output; administration and coordination of the activities of various components and departments responsible for producing the necessary goods and services. However, the responsibility of determining the output characteristics and the distribution strategy followed by an organization including pricing and selling policies are normally outside the scope of Production Management. The scope of production management is indeed vast. Commencing with the selection of location, production management covers such activities as acquisition of land, constructing building, procuring and installing machinery, purchasing and storing raw materials and converting them into saleable products.