- •Contents
- •Preface
- •The Concept of Business
- •Go through the following vocabulary notes to avoid difficulties in understanding and find these words in the text.
- •Match the words in the left column with the definitions in the right column.
- •Read the text and give the definition of business.
- •Answer these questions using the active vocabulary of the text.
- •Read the text again and decide whether these statements are true (t) or
- •Choose Russian equivalents to the following phrases.
- •Make an outline of the text consisting of 5-8 sentences.
- •Retell the text according to its outline.
- •II. Economics
- •Go through the following vocabulary notes to avoid difficulties in understanding and find these words in the text.
- •Match the words in the left column with the definitions in the right column.
- •Read the text and explain the highlighted words.
- •Answer these questions using the active vocabulary of the text.
- •Read the text again and decide whether these statements are true (t) or false (f).
- •Find Russian equivalents to the following phrases in the second column.
- •Make an outline of the text consisting of 5-8 sentences.
- •Retell the text according to its outline.
- •III. Types of Companies
- •Go through the following vocabulary notes to avoid difficulties in understanding and find these words in the text.
- •Match the words in the left column with the definitions in the right column.
- •Read the text and underline advantages and disadvantages with regard to each type of companies.
- •Answer these questions using the active vocabulary of the text.
- •Read the text again and decide whether these statements are true (t) or false (f).
- •Choose the correct variant to finish the sentence.
- •Make an outline of the text consisting of 5-8 sentences.
- •Retell the text according to its outline.
- •IV. Careers in Business
- •Go through the following vocabulary notes to avoid difficulties in understanding and find these words in the text.
- •Match the words in the left column with the definitions in the right column.
- •Read the text except Case 1 and define the difference between a career and a job.
- •Answer these questions using the active vocabulary of the text.
- •Read the text again and decide whether these statements are true (t) or
- •Find Russian equivalents to the following phrases in the second column.
- •Choose the appropriate translation of the following sentences.
- •Make an outline of the text consisting of 5-8 sentences.
- •Retell the text according to its outline.
- •V. Management
- •Go through the following vocabulary notes to avoid difficulties in understanding and find these words in the text.
- •Match the words in the left column with the definitions in the right column.
- •Read the statements and decide whether they are true (t) or false (f).
- •Read the text and check up your answers in ex. III.
- •Answer these questions using the active vocabulary of the text.
- •VI. Match the halves of the phrases from the text.
- •VII. Find Russian equivalents to the phrases in ex. VI.
- •VIII. Make an outline of the text consisting of 5-8 sentences.
- •IX. Retell the text according to its outline.
- •VI. Factory Production
- •Go through the following vocabulary notes to avoid difficulties in understanding and find these words in the text.
- •Match the words in the left column with the definitions in the right column.
- •Read the text Part 1 and explain the highlighted words.
- •IV. Answer these questions using the active vocabulary of the text.
- •Read the text Part 2 and underline advantages and disadvantages for the manufacturer with regard to each method of production.
- •VI. Read the texts again and decide whether these statements are true (t) or
- •VII. Find Russian equivalents to the following phrases in the second column.
- •VIII. Translate the following sentences using the active vocabulary from the texts.
- •IX. Make an outline of the texts consisting of 5-8 sentences.
- •X. Retell the texts according to its outline.
- •Marketing
- •Go through the following vocabulary notes to avoid difficulties in understanding and find these words in the text.
- •Match the words in the left column with the definitions in the right column.
- •Read the text and say what four p's imply.
- •IV. Answer these questions using the active vocabulary of the text.
- •V. Read the text again and decide whether these statements are true (t) or
- •VI. Find Russian equivalents to the following phrases in the second column.
- •Make an outline of the text consisting of 5-8 sentences.
- •Retell the text according to its outline.
- •VIII. Advertising
- •Go through the following vocabulary notes to avoid difficulties in understanding and find these words in the text.
- •II. Match the words in the left column with the definitions in the right column.
- •III. Read the text and say who made America great.
- •IV. Answer the following questions using the active vocabulary of the text.
- •Read the text again and decide whether these statements are true (t) or
- •VI. Find Russian equivalents to the following phrases in the second column.
- •VII. Choose the appropriate translation of the following sentences.
- •VIII. Make an outline of the text consisting of 5-8 sentences.
- •IX. Retell the text according to its outline.
- •IX. Commerce
- •Go through the following vocabulary notes to avoid difficulties in understanding and find these words in the text.
- •Match the words in the left column with the definitions in the right column.
- •Read the statements and decide whether they are true (t) or false (f).
- •Read the text and check up your answers in ex. III.
- •Answer these questions using the active vocabulary of the text.
- •VI. Match the halves of the phrases from the text.
- •VII. Find Russian equivalents to the phrases in ex.V.
- •VIII. Make an outline of the text consisting of 5-8 sentences.
- •IX. Retell the text according to its outline.
- •X. Finance and Accounting
- •Go through the following vocabulary notes to avoid difficulties in understanding and find these words in the text.
- •II. Match the words in the left column with the definitions in the right column.
- •III. Read the text and say why the business managers need to keep a record of their transactions.
- •IV. Answer the questions using the active vocabulary of the text.
- •V. Read the text and say whether these statements are true (t) or false (f).
- •VI. Find Russian equivalents to the following phrases in the second column.
- •VII. Choose the appropriate translation of the following sentences.
- •VIII. Make an outline of the text consisting of 5-8 sentences.
- •IX. Retell the text according to its outline. Reference literature
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Match the words in the left column with the definitions in the right column.
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a) producing of smth. individually; b) something given, such as money or ideas; c) a continuous flow of producing smth.; d) a level of subsistence or material welfare of a community, class, or person; e) the creation or manufacture for sale of goods and services with exchange value; f) distribution of work among workers; g) the amount of work performed in a period of time; h) producing of smth. in large quantities. i) creating a significant number of similar items |
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Read the text Part 1 and explain the highlighted words.
Part 1
Over two hundred years ago, Adam Smith introduced some ideas which were to bring about a world revolution. If we enjoy a high standard of living in modern society, we owe much to this Scottish economist and philosopher. If we enjoy driving in sleek motor cars, wearing fashionable shoes, or flying away to distant places for exciting holidays, we should perhaps give an occasional vote of thanks to the man who made it all possible.
What then was Adam Smith's contribution? Like so many ideas which have earth-shattering effects, his was a disarmingly simple notion. He watched workers practicing their craft of pin making. One man would heat the strip of metal, stretch it out, cut off an appropriate length, shape it, cool it and finally smooth and shine it. Smith drew attention to the advantages which could be gained if these various tasks were performed by different workers. Let one be responsible for keeping the brazier glowing and preparing the metal. Another for stretching and cutting. Another for shaping. Another for finishing. He described this technique as the Division of Labor, whereby workers perform short work-cycles, repeating the same actions again and again and again. Smith convinced the world that specialization could solve the problems of poverty and want.
What was the result? The Industrial Revolution, specialization became the order of the day. Productivity was increased to an incredible degree. For Britain, where the revolution started, there was an upsurge in prosperity which made them the richest country in the nineteenth century world. British trains and railway lines spread out like a spider's web across the world, opening up the great continents of America, Asia, Africa and Australasia. British ships built of iron and steel were used to carry the new bountiful cargoes (including human beings) from every corner of the world, to every corner of the world.
The revolution is not over. It is still with us, but now it is a worldwide phenomenon. Everywhere, factories producing large numbers of more or less identical units are in continuous production. What were called mass-production lines yesterday are called robotic production lines today. If anything, the pace of change is increasing. And if these techniques have brought us prosperity, they have also brought us a trail of misery in overcrowded towns, boring jobs and, worst of all, unemployment.