Добавил:
Upload Опубликованный материал нарушает ваши авторские права? Сообщите нам.
Вуз: Предмет: Файл:
a guide to a successful exam.doc
Скачиваний:
32
Добавлен:
06.11.2018
Размер:
498.69 Кб
Скачать

Vocabulary Bank

exactly

точно

definition

определение

distribution

распределение

creation

создание

activities

деятельность

to perform

выполнять

to repair

чинить, ремонтировать

surplus

излишек, остаток

profit

прибыль, излишек

expense

расход

expenses

издержки

goal

цель

Exercises

1. Answer the following questions.

1. What is one of modern definitions of business?

2. How does this modern meaning of business differ from the traditional one? What factors have brought about these changes?

3. What does production involve?

4. What example of distribution is given in the text? Can you think of another example?

5. How do goods differ from services?

6. In addition to production, distribution, and sale, what other factor is important in defining business?

7. What is profit? In general, what do companies do with their profits?

2. Open the brackets using the verbs in the correct tense form.

1. Business is a word which commonly (to use) in many different languages.

2. Today it (to have) a more technical definition.

3. A car (to sold) to someone in exchange for money.

4. A doctor also (to perform) a service by taking care of people when they are sick.

5. Profit is the money that (to remain) after all the expenses (to pay).

3. Sum up what the text says about production, distribution, sale, services, profit and business. Unit 21. Types of businesses in the uk

Most businesses in the United Kingdom operate in one of the following ways:

• sole trader;

• partnership;

• limited liability company;

• branch of a foreign company.

Sole trader is one of the oldest form of business. There are many one-man owners, for example: a farmer, doctor, solicitor, estate agent, garage man, jobber, builder, hairdresser etc. The partnership is a firm where there are a few partners. They are firms of solicitors, architects, auditors, management consultants, etc. The names of all the partners of the firm are printed on the stationery of a partnership. The most common type of company in the United Kingdom is the limited liability company. At the end of the name of such a company the word «Ltd.» is used. For example: «Wilson and Son Ltd.». Many of such firms are joint-stock companies owned by shareholders.

Limited liability companies are divided into public and private ones. Only public companies may offer shares to the public at the stock exchange. The names of such companies end in «plc» which stands for public limited company. For instance: «John and Michael plc».

Private limited companies may not offer shares to the public. The names of such companies end simply in «Ltd.».

A branch of a foreign company is a part of a company Incorporated outside Great Britain but acting under the law of the UK. Usually these companies act in the UK under their normal foreign names.

Соседние файлы в предмете [НЕСОРТИРОВАННОЕ]