400. 5. Listen to the interview.

1. Choose the correct option:

1. He says that

1. he has a lot of problems.

2. he likes talking about his problems.

3. people like talking to him about their problems.

2. He tells her that he

1. works hard.

2. hardly works.

3. doesn’t like work.

3. He says that

1. he is organized.

2. he is disorganized.

3. he likes organising things.

4. He tells her that

1. he doesn’t panic.

2. he often panics.

3. he doesn’t have a calm character.

5. He says that

1. he finds working on his own difficult.

2. he likes working with people.

3. he doesn’t like to work from home.

b) Put the words into the correct order to make questions from the interview:

1. Good people are listening at you to?

2. Usually solutions find difficult you can to problems?

3. Weaknesses do what and you think your strengths are?

4. Work you do pressure well under?

5. Working own on do like you your?

4. Listen again. What did Mr. Wilkins reply to each question?

6. Self-study task

To find out more information about the topic go to:

http://www.bbc.co.uk/schools/gcsebitesize/business/

Key Vocabulary (Unit 3)

Nouns:

employee

hierarchy

issue

relationship

responsibility

subordinate

team

Adjectives:

conceited

considerate

loyal

low-level

respectable

self-disciplined

understanding

Verbs:

to appreciate

to communicate

to depend on

to determine (define)

to lead

to obey sb

to respect sb

to side with sb

to treat sb

Phrases:

to be responsible for

to give orders

to make (take) a decision

time management

to use one’s initiative

Unit 4 Setting up a Business

(CD) 1. Listen, then read, paying attention to the words in the bold.

Many large businesses in the UK are public limited companies (plc), which mean that the public can buy and sell their shares on the stock exchange. Examples include Marks & Spencer, British Telecom and the National Westminster Bank. The minimum share capital for a public limited company is £50,000, so many new businesses are likely to take one of the following forms.

Sole Trader or Sole Proprietor (UK)

The simplest way of starting a business. You are self-employed and entirely responsible for all aspects of the management of your business.

Partnership (UK)

Two or more people starting a business together can set up a partnership. All partners are responsible for the debts of the partnership, and profits and losses are shared between them.

Private Limited Company (UK)

A company can be formed with a minimum of two people becoming its shareholders. They must appoint a director and a company secretary. If the company goes out business, the responsibility of each shareholder is limited to the amount that they have contributed; they have limited liability. Such a company has Ltd (Limited) after its name.

In the US, businesses take the same basic forms. However, American companies are registered or incorporated with the authorities in the state where they have their headquarters. The abbreviations Inc and Corp refer to such companies. To sell shares to the public they must apply to the Securities Exchange Commission.