Vocabulary Practice

Exercise 18. Choose the necessary word and put it in the sentence.

1. What kind of... is better: buying stock or buying real estate?

2. To attract greater financial... the company issues the stock.

3. A university can be... corporation.

4. The partners didn't put the same... into business.

5. The group of people from different countries are going to... a corporation.

6. The Red Cross is an international... organization.

7. I want lo buy some ... in IBM and General Motors.

8. An educational... usually reinvests all its money.

(charitable, stock, resources, institution, investment, nonprofit, amount, of capital, to establish)

Тема 4. Text. Functions of an executive

An employer has several, options to consider when he wants to hire a new employee. First of all he may look within his own company. But if he can't find anybody suitable for the position he will have to look outside the company. If there is a personnel office in the company he can ask them to help him to find a qualified applicant. The employer can also use another valuable source for example employment agencies, consulting firms, placement offices and professional societies. He can also advertise via a news­ paper or in a magazine and request candidates to send in resumes.

The employer has two sets of qualifications to consider if he wants to choose from among the applicants. He must consider both professional qualifications and characteris­tic. A candidate's education, experience and skills are included in his professional qualifications. This can be listed on a resume. Personal characteristics or personality traits must be evaluated through interviews.

1. EXECUTIVE - РУКОВОДИТЕЛЬ,

АДМИНИСТРАТОР

2. FOREMAN - MACTEP,

РУКОВОДИТЕЛЬ

3 TO SET OBJECTIVES - СТАВИТЬ ЦЕЛИ 4. TO DELEGATE - РАСПРЕДЕЛЯТЬ

AUTHORITY ОБЯЗАННОСТИ 5 RED-TAPE - (здесь) БЮРОКРАТИЧЕСКАЯ,

КАНЦЕЛЯРСКАЯ РАБОТА 6. OPTION - ВЫБОР

7 EMPLOYER -НАНИМАТЕЛЬ,

РАБОТОДАТЕЛЬ

8 EMPLOYEE - СЛУЖАЩИЙ, РАБО-

ТАЮЩИЙ ПО НАЙМУ

9. PERSONNEL OFFICE - ОТДЕЛ КАДРОВ

10. APPLICANT - КАНДИДАТ НА

ДОЛЖНОСТЬ

11.А RESUME - РЕЗЮМЕ

12.AN EXPERIENCE - РАБОЧИЙ ОПЫТ

13. VIA - ЧЕРЕЗ

THE FUNCTIONS OF AN EXECUTIVE Dialogue

Anna is having lunch with her sister Barbara. Anna has just

accepted a position as an Administrative Assistant. Ho boss is an executive with a firm that manufactures heavy machinery used in construction.

Barbara You've got a new job, Anna. My congratulations.

Anna Thanks, Barbara.

Barbara Tell me a few words about your boss. What does he

do?

Anna Well, he is one of the vice presidents of the company, so he's rather important. He is an executive.

Barbara Do you know the difference between an executive, a

manager and an administrator?

Anna I am afraid I can hardly tell you the difference. I

think these words are interchangeable and they

really aren't different in many companies. Barbara What about your company?

Anna In our company the top officers are called

administrators. The next highest group - the vice

presidents, the heads of major departments and

branch plant managers - are executives like my boss. Barbara Is that all?

Anna The group below consists of managers, they are

general managers and foremen.

Barbara So I see that an organization has a number of

positions and some people have more authority

than others.

Anna You are right.

Barbara But it would be interesting to know more about the

functions of an executive like your boss.

Anna I'd say he makes a lot of important decisions. He

sets objectives, coordinates work, delegates

authority, makes hiring, firing, evaluating

and just general leading.

Barbara It seems to be important.

Anna It is important. It's evident that making careful

decisions is the basis of good management.

Barbara But do you work under much pressure?

Anna Barbara, you know I am quite used to working under

pressure from my last job. I am also accustomed to

lots of paper work and red tape.

Barbara Good for you.

Anna And what's more important I feel that 1 can learn a

lot because my boss is very competent.

Barbara Good, I think we'd be in a hurry not to get late for

the work.