
- •Белорусский государственный университет
- •Предисловие
- •1. Profession of an economist
- •Vocabulary Focus
- •1. K p. A. – one thousand per annum.
- •Ex. 3. Express in one word.
- •Comprehension
- •Degrees in Economics
- •Basic Courses
- •Supporting Courses
- •Required Courses Year 1
- •Questions
- •Outstanding Economists
- •The Founder of Economics
- •David Ricardo (1772–1823)
- •John Maynard Keynes (1883-1946)
- •Writing
- •Study the biographical data of Michael Del and Ingvar Kamprad, find the information about famous businessmen and write it down as in the examples that follows the tables.
- •Michael Dell
- •Timeline
- •Ingvar Kamprad Timeline
- •Example
- •Translation a. Translate into Russian. Woman’s Place in Management
- •B. Translate into English.
- •Listening
- •Speaking
- •Vocabulary academic adj – 1. Университетский; академический; учебный; 2. Чисто теоретический; 3. Фундаментальный (в противоположность прикладному)
- •Salary n – жалованье, оклад self-employed adj – обслуживающий свое собственное предприятие; работающий не по найму
- •2. Economics as a science
- •2.1. Economics and Economic Methods
- •Economics: the Study of Scarcity and Choice
- •Vocabulary Focus
- •Opportunity Cost
- •Satisfying People’s Wants
- •Methodology
- •Economic Theory and Models
- •Speaking Discuss the following questions.
- •Vocabulary
- •Economic systems
- •Vocabulary Focus
- •Translation a. Translate the text from English into Russian. Classification of Countries
- •Vocabulary
- •3. The macroeconomy
- •3.1. Gross domestic product
- •Gross Domestic Product
- •Vocabulary Focus
- •Questions
- •Writing
- •Speaking
- •Vocabulary
- •3.2. InflAtion
- •Meaning and Measurement of Inflation
- •Vocabulary Focus
- •Demand-Pull and Cost-Push Inflation
- •Does it Cost More to Laugh?
- •Writing
- •Consumer Price Index Criticism
- •Vocabulary
- •3.3. Economic business cycles and unemployment
- •Economic Business Cycles
- •Vocabulary Focus
- •Comprehension
- •Unemployment
- •Types of Unemployment
- •W.H. Philips and the Philips Curve
- •Vocabulary
- •3.4. Banking discovering connections
- •Reading
- •Vocabulary Focus
- •Comprehension
- •Commercial Banks of Britain
- •Banking in the usa
- •Banking and Monetary System of the Republic of Belarus
- •The Paris Club
- •Listening Student Banking
- •Student Banking
- •Application for Credit
- •Vocabulary
- •3.5. Money and monetary policy
- •Reading
- •Money and its Functions
- •Vocabulary Focus
- •Comprehension
- •Classical Economics
- •Keynesian Economics
- •Monetarism
- •Instruments of Monetary Policy
- •Monetary Policy during the Great Depression
- •Listening Central Banking
- •Talking with Paul Volker
- •Vocabulary
- •Glossary
- •3.6. Fiscal policy
- •Fiscal Policy
- •Discretionary fiscal policy
- •Vocabulary Focus
- •Other Issues in Fiscal Policy
- •The Role of Government
- •Writing
- •Transition and the Changing Role of Government
- •Budgets and Fiscal Policy
- •Briefing on Personal Taxation
- •Vocabulary
- •4. The microeconomy
- •4.1. Supply and demand
- •Supply and Demand
- •Vocabulary Focus
- •Equilibrium: Mr.Demand, Meet Mr.Supply
- •Equilibrium
- •Elasticity
- •Ex. 2. Answer the questions on the text.
- •Negotiating on the Phone
- •North Holland Dairy Cooperative, Volendam, Postbus 4550nl-4452
- •Jan van Geelen
- •Vocabulary
- •4.2. Market structure
- •Monopoly
- •Vocabulary Focus
- •Comprehension
- •Three Pricing Strategies
- •Market Leaders, Challengers and Followers
- •Vocabulary
- •5. The global economy
- •5.1. International trade
- •International Trade
- •Vocabulary Focus
- •Comprehension
- •The Arguments for and against Free Trade
- •The Banana Wars
- •The Legacy of Adam Smith and David Ricardo
- •Listening
- •Vocabulary
- •5.2. Global market and developing nations discovering connections
- •The World’s Economies
- •Industrialized nations: Growing and Growing Old
- •Newly Industrialized Nations: Getting Going
- •Developing Nations
- •Vocabulary Focus
- •To develop, development, developed, developing
- •Comprehension
- •Economic Cooperation
- •Case study
- •B. Scanning for Information
- •Airbus Industrie
- •The Boeing Company
- •C. Interpreting Information
- •Multinational Corporations and Globalization: the Pros and Cons
- •Translation
- •Vocabulary
- •6. Business administration
- •6.1. Company structure discovering connections
- •Reading
- •Forms of Business Organization
- •Vocabulary Focus
- •Comprehension
- •Flotation
- •Describing Company Structure
- •Is made up of is diveded into
- •Listening
- •Interview with Willhite
- •Vocabulary
- •6.2. Management
- •Nature of Management
- •Vocabulary Focus
- •A. Introduction to the problem
- •B. Scanning for Information
- •Beginning the Business
- •Text b Business Principle: Supermarket Shopping Should Be Fun To Stew Leonard, the distinction between a supermarket and an amusement park is slight, and not necessarily useful.
- •Business Principle: Listen to the Customer
- •Stew Leonard’s Fact Sheet
- •Look at the Stew Leonard's Approach to Supermarket Sales. What do you think about his ideas of running the business. Stew Leonard's Approach to Supermarket Sales
- •Principles of Management
- •What Makes a Good Manager?
- •Семь заповедей бизнесмена
- •Vocabulary
- •Glossary
- •6.3. Accounting
- •What is Accounting?
- •Vocabulary Focus
- •Accounting and Financial Statements
- •The Accounting Profession
- •Business Documents
- •The Balance Sheet
- •Income Statement
- •Bookkeeping
- •Role Play
- •Project X
- •Vocabulary
- •6.4. Marketing
- •Concept of Marketing
- •Vocabulary Focus
- •Building a Brand
- •The brand name
- •B. Scanning for Information
- •The Creation of Levi Jeans
- •Other Levi Strauss Products
- •Text c Why New Products Are Needed
- •Levi Strauss & Co. Product History
- •C. Discussion
- •Writing
- •Marketing Information System
- •You are discussing a new product with your marketing manager. You may use the dialogue below as a model.
- •Vocabulary
- •6.5. Advertising
- •Advertising
- •Vocabulary Focus
- •Comprehension
- •How Companies Advertise
- •Ad advertising campaign advertising standards advertisement advertising budget advertising agencies print
- •Designing an Advertising Campaign Putting the Problem in Perspective: Applying Business Concepts
- •E. Fieldwork
- •Every Day ups Are Trusted To Reliable Deliver 12 Million Shipments Worldwide
- •Vocabulary
- •Glossary
- •Список использованной литературы
- •Contents
Listening
You’ll hear a radio discussion in which a business consultant, Robert, and an industrial correspondent, Jane, are asked by the radio programme host what they think about the company.
Listen to the recording for the first time and tick which of the following general topics are mentioned:
bureaucracy at work;
staff promotion systems;
management elections by the workers;
the design of Semco’s factory buildings;
the success of large corporations.
B. Listen carefully for a second time and mark whether the statements below are true or false.
The industrial assembly line system has a further 100 years’ life in it.
Democratic values of public life are limited in some countries.
Managers are evaluated by their employees.
Managers from outside the company are always welcome.
Employees have developed a sense of responsibility.
The associates just walk around the factory doing what they like.
Many companies have not survived the high inflationary period.
IBM has not been following Semco’s example.
Hundreds of companies have been eager to try out new ideas.
Corporate executives are eager to try.
SPEAKING
A.
Read the interview with Thomas Whillhite Can-Am’s International Vice President.
Act out the conversation.
Interview with Willhite
Interviewer: |
Mr Willhite, what's your position in Can-Am? |
Willhite: |
I'm International Vice President |
Interviewer: |
You're responsible for export sales. |
Willhite: |
That's right. |
Interviewer: |
What type of company is Car Am? |
Willhite: |
We're a multinational corporate. We manufacture and market sporting goods. |
Interviewer: |
Where are your Headquarters |
Willhite: |
In Toronto. |
Interviewer: |
You say you manufacture sporting goods... |
Willhite: |
Yes... |
Interviewer: |
What are your main product lines? |
Willhite: |
Well, we specialize in baseball and football equipment that's American football, of course. |
Interviewer: |
You're competing against US Corporations like Donzis and Wilson. What's Can-Am's position in the market'' |
Willhite: |
We're seventh. There are six big American companies, and then us. |
Interviewer: |
How important are your export markets to you? |
Willhite: |
They're very important. Canada is a big country but a small market. 75% of our annual revenue comes from export sales. |
Interviewer: |
75% - that's very high. |
Willhite: |
Yes, well we sell a lot in the States. |
Interviewer: |
And what about Europe? |
Willhite: |
The European market is very important to us. Interest is growing fast over there. |
Interviewer: |
Especially in Britain. |
Willhite: |
Yes, but also in France and Germany... Finland. Europe is a growth market. Interviewer You have a European distributor, don't you? |
Willhite: |
That's right - Touchline Trading. |
Interviewer: |
And are you satisfied with your sales in Europe? |
Willhite: |
They could be better - our sales in Britain are good. |
Interviewer: |
We understand that your sales in the rest of Europe are not so good. |
Willhite: |
Yes, we have a problem there. But we intend to change that. |
Task: Conduct an interview with David Clare, the president of Johnson&Johnson about the company’s sales in Europe.
B.
Summarize the information of the Unit to be ready to speak on Company Organization. Use the following prompts as a plan.
common types of business firm;
advantages and disadvantages of each type of business firm;
the role of the Board of Directors and Senior Executives;
the most common departments in big companies; their responsibilities and subordination inside the company.