Добавил:
Upload Опубликованный материал нарушает ваши авторские права? Сообщите нам.
Вуз: Предмет: Файл:
КИЇВСЬКИЙ ЕКОНОМІЧНИЙ ИНСТИТУТ.docb&b.doc
Скачиваний:
109
Добавлен:
16.11.2018
Размер:
745.98 Кб
Скачать

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

  1. The person operating a… … owns the business in his or her own name.

13

  1. Formed by two or more persons, the ... is considered a business entity. Each partner is responsible for the ... .

  2. All personal ... of each partner are at risk if the business fails.

  3. ... receive dividends in proportion to the capital they invest.

  4. Being a … … she works long hours in her hairdressing business.

  5. The partnership collapsed as a result of the criminal activities of one of the ... .

  6. He has ... in British Gas.

  7. He is a man of great....

  8. The ... of going to school is to learn.

  9. He works as a computer operator at the New York … … .

Stock exchange, wealth, purpose, shareholders, sole trader, partners, shares, assets, debts, partnership, sole proprietorship.

10. These words are often confused:

to offer — to suggest

to offer -to propose something, express willingness to do

something

e.g. He offered me a job.

to suggest — to propose something to do, to offer an idea or a plan for consideration

e.g. 1. We suggest contacting the manufacturer directly.

2. I suggest we have dinner first.

3. He suggested various ways in which the service could be improved.

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. I ... a new plan.

2. I ... to take my friend to dinner.

3. They ... fresh investments in our business.

4. He ... that we have lunch at the hotel.

5. She ... me a cigarette every time I see her.

6. They ... him a job last week.

7. He ... I look through the documents once more.

8. Our company ... different services to our customers.

9. My friend ... that we join our small firms.

10. His company ... just its shares to the public.

11. He ... going to the stock exchange.

12. I ... you buy more shares of this company.

11. Answer the following questions:

1. Are all businesses owned and organized in the same way?

2. What is the simplest form of business ownership?

3. What are the owners liable for in unlimited liability companies?

4. What are the owners liable for in a limited liability company?

5. What are unlimited liability companies subdivided into?

6. What is a partnership?

14

7. What are limited liability companies subdivided into?

8. What is a private limited company?

9. What is a public limited company?

10. Is a public limited company privately or state-owned?

12. Interview an owner of a sole proprietorship, ask the following questions:

  1. Why are you in business?

  2. Why did you choose this particular type of business?

  3. What advantages and what disadvantages do you feel the sole proprietorship has over other forms of business ownership?

  4. How difficult is it to borrow money? And how do you arrange for additional funds?

  5. What advice do you have for someone who is thinking about going into business?

13. You want to open a business. What ownership form would you use? Why?

14. What do you think are the advantages of a small family-run business?

  • for the consumers/clients?

  • for the owner?

  • for the employees?

15. Comment on the following:

‘Genius without education is like silver in the mine’.

(Franklin)

TEXT 4: BUSINESS RELATIONSHIP

Vocabulary

relationship відносини

subsidiary дочірня компанія, підконтрольна компанія,

філія

parent company компанія-засновник; компанія, що володіє контрольним пакетом акцій іншої компанії,

компанія

holding company холдингова компанія

hold володіти

stake частина(чогось), частка (капіталу), акція

sister company сестринська компанія

conglomerate конгломерат

joint venture спільне підприємство

remain залишатись

separate окремий

legal entity юридична особа

consortium консорціум

undertake (a project) розпочинати,здійснювати (проект)

carry out виконувати, здійснювати

15

Business Relationship

As businesses expand they may buy shares in other companies, or join with other companies for a particular purpose. There are different relationships these companies can have with one another. A group is a number of subsidiary companies operating under one leading company known as the parent company. A subsidiary is a company that is half or wholly owned by another company (the parent company).

A holding company is one that holds all, or more than half of, the stakes in one or more subsidiaries. It is the leading company in a group.

A holding company's relationship to its subsidiaries is that of parent company, and the subsidiaries' relationship to each other is that of sister companies. The parent company controls its subsidiaries through its capital interests.

A conglomerate is a group consisting of a lot of different companies in different businesses run as one large company.

When two or more companies decide to work together, they form a joint venture. In such cases, the two companies involved remain separate legal entities.

A consortium is a group of companies which come together to undertake a project which any one of the members cannot carry out alone.

EXERCISES