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Латыгина Базовый курс економики на англ.doc
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Ex.7. Look at the words and phrases in the box. Match them with the correct definition from the list below:

  1. a connection between ideas, people or things;

  2. the leading company in a group;

  3. a holding company together with any subsidiary companies in which it owns more than half of the share capital;

  4. a business activity in which two or more people or organizations work together;

  5. a sum of money invested in a business;

  6. a number of companies, sometimes involved with different products, joined together and run as one large company;

  7. a temporary association of two or more companies for a major project that is too complex for any of them to do alone;

  8. allowed or required by law, lawful.

Ex.8. Write the appropriate word or phrase in the following spaces. Translate the sentences into Ukrainian.

  1. One of the oldest breweries has now joined an international … of drinks manufacturers.

  2. There are now five … companies in the group. Each … company trades under its own name.

  3. The businessman formed a … company to control all his assets.

  4. They have a 25% … in the business.

  5. Our … company may share some of the advertising costs with us.

  6. An American and a German auto maker agreed to form a … … to build trucks.

  7. Those two companies have a close working … .

  8. She … stocks of 12 companies.

  9. This product has … popular for many years.

  10. The company will … the building of a large warehouse.

  11. The cost of making the product and the cost of selling it are two … issues.

Undertake, remained, holds, relationship, joint venture, sister, stake, holding, subsidiary (2), conglomerate, separate.

Ex.9. Fill in the missing prepositions:

  1. The group’s shares fell … 10 per cent … … a fall in the home market.

  2. Our parent company has its headquarters … Finland.

  3. Nestle Corporation, … its many branches and subsidiaries, is one … the world’s largest food manufacturers.

  4. Multinational corporations now operate … every sector … industry.

  5. Philip Morris is a holding company which owns several major American companies … the tobacco and food industries.

  6. Warner Bros. is an entertainment conglomerate that produces television programmes … broadcasting all over the world.

  7. Japanese and US firms … the textile industry continue to enter … joint ventures … India.

  8. The hotel was finally rescued … a consortium … local business owners.

  9. I work … a construction company which has a lot … contracts … other countries.

  10. The partners … a joined venture agree to control and manage the business together.

(into, for (2), of (4), with, in (7), by (2), because of)

Ex.10. These words are often confused to rise – to raise

to rise

is an intransitive verb, i.e. it cannot take an object

e.g. Prices rose last month.

to raise

is a transitive verb, i.e. it is followed by an object.

e.g. They raised the prices.

Complete these sentences using the correct form of one of the words above. Make your own sentences to show that you understand the difference in their meaning.

  1. Many firms try to survive by … productivity.

  2. We are trying … money to buy a new computer class.

  3. My boss … my salary by 5%.

  4. The petrol prices … by 15 % this week.

  5. West European car sales … from 1 to 1,5 million.

  6. Sales have … by 8 % this month.

  7. We have … our profit levels by 10 %.

  8. They managed to … sufficient capital to keep the company buoyant.

  9. She … the question of overtime payments.

  10. His report … some valuable points.

  11. Companies needing money for development may … capital on the stock exchange by selling shares.

  12. Large and small businesses need a capital market in which they can … finance.

  13. Prices are … at an alarming rate.

  14. They … their fees last year.