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Burr’s Business

Positive features

Negative features

My innovations in his

business

Exercise 3. Draw a chart of People Express. Remember about subordination and delegation of authority.

Exercise 4. Work in pairs. Discuss and analyze up and down of People Express.

TRAIN AND CHECK YOURSELF

Exercise 1. Put the verbs in the correct tenses.

Correspondent: – The University graduates (1 to start) working in September. The overwhelming majority of graduates (2 to look for) a job for these two summer months. Alice just (3 to graduate) the University and (4 to get) the specialty of an economist. Let’s ask her some questions.

– Where you (5 to be going to) work?

Alice: – First I (6 to have) some rest. I (7 to work) hard at my diploma, so I need to relax a little. And I (8 to start) working on August, 15 in RosUkr Co. Ltd.

Correspondent: – What position you (9 to occupy)?

Alice: – I (10 to be) a junior economist in the Planning Department. But for the first month (11 to work) as a shop assistant; next month – as a cashier and only then they (12 to take) me to the Department.

Correspondent: – You (13 to agree) with that?

Alice: – Absolutely, yes, I should know all stages of business. By the middle of October I (14 to work) there for two months. I (15 to hope) to get much knowledge from the experienced supervisors. I (16 to finish) gaining experience by October, 20.

Correspondent: – What you (17 to do) in the office?

Alice: – (18 not to know) exactly. May be, to study again.

Correspondent: – Thanks a lot, Alice. Hope to meet you some years later as a Nobel Prize winner!

Alice: – Oh, you flatter my vanity, thanks!

Exercise 2. Complete the following sentences with the correct form of the word.

  1. compete:

  • The Board of Directors discussed if their managers would be able to get the company in good shape in this … time?

  • If your annual report is less successful than your … , don’t be upset, there is a chance that you simply used different accounting techniques.

  • Lee Jacocca, Chrysler’s outstanding chairman, protected with enthusiasm the U.S. auto industry from foreign … .

  • succeed:

    • Standardization, automation and the use of innovations promoted the outstanding … of Japanese industry in the 20th century.

    • He really … in life and everybody treated him with great respect.

    • Their first operation in the stock market was very … and brought them about $500mln profit.

    3. Necessity:

    • There exist some moments in management when everybody feels the … to change either the system of management or its structure.

    • If an owner wants to be competitive, it is … for him to calculate his profits and losses and predict the development of situation.

    • Soviet airlines found it … to compete, because they were monopolists in this business at that time.

    4. innovate:

    • The entrepreneur introduced some … into the manufacturing process and that led to reduction of expenditure and increase of profit.

    • Donald Burr had been implementing an … approach to his new organization.

    • The western Frontier Airlines opposed and didn’t want to … their organization structure.

    5. manage:

    • Everywhere in the world … is considered to be more art than science.

    • Supervisory … and their subordinates are people who implement the ideas of top and middle … into life.

    6. employ:

    • Princeton’s graduates are eagerly … by famous firms due to their high professional knowledge.

    • If you want to work for the FoxMart you must present your … all necessary documents and resume.

    • It’s the fact that in the years of industrial recession the … is very high.

    • All … at People Express became managers.

    7. lead:

    • From the time he was a schoolboy Donald has found it easy to achieve everything he tried, from sports to academics and he was a real … in all kinds of activity.

    • You can learn something about … style by examining the methods different leaders used to get results and specific ways they exercise authority.

    • His miscalculations in reorganizing management … company to deep stagnation.

    8. divide

    • Donald Burr didn’t … responsibilities between his employees, they all became managers.

    • Specialization in or responsibility for some portion of work is called … of labour.

    • … labour by task works well, especially in conveyor system, because each worker needs only certain specific skills.

    Exercise 3. Fill in the gaps. Use the economic notions from unit 9.

    1. A person who is responsible for the work of others uses his … to make those people to do their jobs. 2. Any type of enterprise sole proprietorship, partnership, corporation has its own structure of … . 3. … is a business owned by just one person. 4. Many manufacturing companies have a rather rigid structure, with a great number of workers … by several layers of in-plant managers. 5. If you want to know who has … over whom and who is … to, draw the organization chart. 6. A large … has an extensive organization chart. 7. It is impossible to oversee and control all the work for one person, that’s why the head of organization must … to other people. 8. Usually a manager is fully … for the work done by people under his … . 9. Highly qualified lawyers, accountants, auditors, and doctors form a … .

    Exercise 4. Chose the right tense form.

    1. Bob was working/will have been working/has been working/for N & G for 22 years. 2. He started /has started/ will have started/as a supervisory manager and now he is being/is/has been/a Head of the Personnel Department in N & G. 3. How had he achieved/did he achieve/will achieve/this position? 4. Once he had stayed/stayed/has stayed/at his office and worked /had been working/was working/at organization chart. It was his hobby. 5. Under the position he had put/put/was putting the name of the person he considered/was considering/had considered/to be the most suitable for it. 6. He wrote Nadine’s name under the position of PR manager. 7. Nadine was/has been/is/a pretty woman who always has been seeking/was seeking/will have sought/ways to make her abilities and achievements known. 8. Bob hadn’t felt/didn’t feel/hasn’t felt/that somebody had been standing/stood/was standing/behind him and reading the chart. 9. It was the President. 10. He is interested/had been interested/was interested/in Bob’s chart and asked to explain why he put the definite names under some positions. 11. Bob explained that there is/will be/was/the definite office politics in their Department. 12. He noticed that many employees are scrambling/had scrambled/were scrambling/for recognition, but quite a few of them are producing/had produced/were producing/at a high level. 13. Still less can/could/will be able/to work productively with others. 14. He considered that minority will be able /was able/would be able/to become good managers. 15. He promised the President that those people would do/have done/would have done/their best for the company and in 2 years N & G will make/would make/will have made/a breakthrough and would become/will become/has become/as famous as L & M, M & M and others. 16. The President realizes/realized/would realized/Bob’s recommendations and N & G really became/had become/has become/famous and prosperous. 17. Since that time Bob is doing/has been doing/had been doing/his best as a Head of Personnel Department.

    Exercise 5. Comment on the following quotations:

    “The value of a dollar is social, as it is created by a society”.

    Ralf Waldo Emerson

    “Money is the only applause a businessman gets for his performance”.

    Larry Adler

    “There are two fools in this world. One is the millionaire who thinks that by hoarding money he can somehow accumulate real power, and the other is the penniless reformer who thinks that if only he can take the money from one class and give it to another, all the world’s ills would be cured”

    Henry Ford

    “Wealth consists not in having great possessions, but in having few wants”.

    Epicurus