- •Анотація
- •Передмова
- •Investments in ukraine
- •I. Reading
- •Read and translate the text:
- •Investments in ukraine
- •Vocabulary list
- •II. Vocabulary exercises
- •III. Oral practice
- •Dialogue
- •1. Read the dialogue and act it out:
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •А) Read the text and name the facts from the text which are new to you.
- •Read the text and say what you know about the foreign investment in Ukraine: іnvestments in ukraine
- •Unit 2 foreign investment
- •I. Reading
- •1. Read and translate the text: Foreign investment in Ukraine
- •Vocabulary list
- •II. Vocabulary exercises
- •III. Oral practice
- •Dialogue
- •1. Read the dialogue and act it out:
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •2. Make up a dialogue on the following:
- •Communicative situations
- •A) Supply the prepositions where necessary.
- •А) Read the text and name the facts from the text which are new to you.
- •Investment legislation
- •Read the text and say what you know about the foreign investment in Ukraine:
- •Investment Registration Procedure
- •Unit 3 licensing
- •I. Reading
- •1. Read and translate the text: Licensing Principles
- •Vocabulary list
- •II. Vocabulary exercises
- •III. Oral practice
- •Dialogue
- •1. Read the dialogue and act it out:
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •Make up a dialogue on the following:
- •1. Round-table discussion. The question on the agenda is “Licensing principles in Ukraine”. Open such questions:
- •2. Say what you think about supervision over the licenses process.
- •A) Supply the prepositions where necessary.
- •А) Read the text and name the facts from the text which are new to you.
- •Licensing of Intellectual Property Rights
- •Read the text and say what you know about licenses: Licenses and the Law
- •Unit 4 franchising
- •I. Reading
- •1. Read and translate the text: Franchising
- •Vocabulary list
- •II. Vocabulary exercises
- •III. Oral practice
- •Read the dialogue and act it out:
- •Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •3. Make up a dialogue on the following:
- •A) Supply the prepositions where necessary.
- •А) Read the text and name the facts from the text which are new to you.
- •International management
- •I. Reading
- •1. Read the text:
- •International management
- •Vocabulary list
- •II. Vocabulary exercises
- •1. Study the following definitions. Make sure you understand them and can reproduce from memory:
- •2. Mach the words with their definitions:
- •Complete the following sentences with the words from the box. There are three extra words that you do not need
- •4. Find English equivalents to the following Ukrainian phrases:
- •5. Find words in the text that are synonyms to the following:
- •7. Read the text carefully and decide whether these statements are true or false. Reason it out. Make use of the following phrases:
- •8. Explain the meaning of the following phrases:
- •9. Translate into English:
- •10. Write several paragraphs on the topics suggested using the vocabulary. Make use of the following expressions:
- •11. Answer the following questions:
- •III. Oral practice
- •1. Imagine you are socializing with a specialist in the field of the international management. Put the next questions. Listen to his answers and try to analyze your own options. Work in pairs.
- •2. Imagine you have come to a local company that is doing business on an international level. Interview them about the opportunities and problems. Work in pairs.
- •1. A) Read and translate the following text.
- •The emergence of the global economy
- •2. Write down a brief phrase or single word to mean the same as each of the following words.
- •3. Read the text carefully and decide whether these statements are true or false. Reason it out.
- •4. A) Read and translate the text.
- •Business ethics
- •5. A) Read the text and make a complex plan of it. Multinational corporations
- •Unit 6 risk management
- •1. Read the text: risk management
- •Vocabulary list
- •II. Vocabulary exercises
- •1. Mach the words with their definitions:
- •3. Fill in the blanks:
- •4. Complete the following sentences:
- •5. Find English equivalents to the following Ukrainian phrases:
- •6. Working with a partner, fill in the other forms of the words in the chart:
- •7. Find words in the text opposite in meaning to the following:
- •8. Translate into English:
- •10. Answer the following questions:
- •III. Oral practice
- •2. Prepare a short talk on the following:
- •1. A) Read the text carefully. Fill in the blanks with the prepositions where necessary.
- •Business risk
- •Vocabulary
- •3. Write several paragraphs on the topics suggested using the vocabulary. Make use of the following expressions:
- •1. A) Read the text carefully.
- •Credit risk
- •2. Read the text carefully once more and decide whether these statements are true or false. Reason it out. Make use of the following phrases:
- •1. Read the text. Say whether the statements following the text are the true (t) or false (f). Risk analysis
- •1. Read and translate the dialogue in pairs where the characters make comments about the particular situation. Note down the expressions in Italics. Be ready to use them in your own dialogues.
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •3.Working in a small group, discuss the following statements, paraphrase them and comment on them. What do they mean? How do you feel about them?
- •I. Reading
- •1. Practice the pronunciation of the following words:
- •2. Read and translate the text: leasing. Types of leases
- •Vocabularry list
- •1. Read the dialog and sum up the content: leasing in ukraine
- •Vocabulary list
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •3. Make up a dialog on the following:
- •Communicative situations
- •Prepare a short talk on the following:
- •IV. Read and discuss
- •1. A) Read and sum up the text in several sentences and present your summary in class.
- •Taxes, theirs , and leases
- •2. A) Read the text and discuss what you know about leases in the usa.
- •Leases in the usa
- •3. A) Read the text and discuss what you know about leases in Ukraine.
- •The Ukraine is about to adopt the Convention on International Financial Leasing
- •The need for leasing in the Ukraine
- •The purpose of the Convention on International Financial Leasing
- •The reasons for national and international leasing
- •4. A) In order to get prepared for participation in class discussion, write a summary of the text.
- •What types of commercial lease is being offered?
- •Unit 8 the insurance market
- •I. Reading
- •Read and translate the text:
- •Insurance and risks
- •Vocabulary list
- •II. Vocabulary exercises
- •The insurance market in ukraine
- •Vocabulary list
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •3. Make up a dialog on the following:
- •Communicative situations
- •The origins of insurance
- •A) Read and discuss the text.
- •Single out the main facts from the text end present them in short summary.
- •Say what is more important for the development and improvement of Ukraine’s insurance market. The development of ukraine’s insurance market
- •3. A) Write down three-five questions about the text.
- •Lloyd’s of london
- •4. А) Sum up the text in several sentences and present your summary in class.
- •Discuss the services provided by the liability insurance. Overview of the liability insurance policy
- •4. A) Read the text to find answers to the following questions:
- •Workers’ compensation insurance
- •Unit 9 taxation
- •What are taxes?
- •Іі. Vocabulary exercises
- •Column a
- •Tax system in Ukraine
- •A. Dialogue
- •1. Read and translate the dialogue in pairs: Taxation in Ukraine
- •Vocabulary:
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •B. Communicative situations
- •4. Make a short essay on the following:
- •A) Supply the articles where necessary.
- •A) Supply prepositions where necessary.
- •What Is an Excise Duty?
- •Open the brackets putting the verbs in the correct form: Tax Reform in Developing Countries
- •Read the text below carefully and underline the parts of it giving basic ideas about the desired features of a tax system. Tax System Design
- •I. Mark the correct answers on the following questions:
- •II.Fill the tables:
- •III. Match what statements are true and what are false. Results write to the table:
- •Phraseology of reports and speeches coherent and generalization phrases
- •Phrases that are used in admission expressions
- •Nouns: common and possessive case
- •Some common noncount nouns
- •Using nouns as modifiers
- •The indefenite aricle
- •The definite article
- •No article
- •Personal pronouns
- •Possessive pronouns
- •Reflexive pronouns
- •Indefinite pronouns
- •Quantitive pronouns
- •Demonstrative pronouns
- •Degrees of comparison of adectives and adverbs
- •Numerals
- •The functions of the verb «to be»
- •The functions of the verb «to have»
- •The functions of the verb «to do»
- •General questions
- •Tag questions
- •Question words when
- •More questions with how
- •Modal verbs can; could to be able to
- •May; might
- •Must; be to; have to; have got to
- •Should; ought to
- •Will; would
- •Indefinite pronoun «one»
- •The pronouns «both, either and neither»
- •Senquence of tenses
- •The infinitive
- •The prepositional infinitive complex
- •The objective infinitivecomplex
- •The subjective infinitive complex
- •The participle
- •Complexes with the participle the objective participle complex
- •The subjective participle complex
- •The gerund. Forms and functions
- •The gerundal complex
- •Conditional sentenses
- •Irregular verbs
- •Glossary
- •Reference list
1. Read the text: risk management
The term risk management is applied in a number of diverse disciplines. People in the fields of statistics, economics, psychology, social sciences, biology, engineering, toxicology, systems analysis, operations research, and decision theory, to name a few, have been addressing the field of risk management.
Risk management is activity directed towards the assessing and monitoring of risks. It is a logical process or approach that seeks to eliminate or at least minimize the level of risk associated with a business operation. Essentially, the process identifies any type of situation that could result in damage to any resource within the possession of the company, including personnel, then take steps to correct factors that are highly likely to result in that damage.
At the core of effective risk management strategies is the desire to find ways to manage the degree of uncertainty that exists within any business enterprise. The first step in the process has to do with evaluating the utilization of resources as they current stand. This step involves understanding the logical flow of the production process and how it relates to the successful manufacturing of goods and services for sale to consumers. Once there is a solid grasp of how the organization functions, it is then possible to move on to refining that process with an eye toward managing that uncertainty factor.
Once the business model is understood, it is possible to identify specific risks that are present throughout the production process, including the delivery of goods and services to buyers. As those risks are identified, they are analyzed for ways to alter the process so that the end result is still achieved, but the degree of risk is minimized or removed altogether. Risk management may be an extremely complicated process or require nothing more than making a few minor adjustments.
For example, risk management as it relates to the production process may include action items such as reworking the maintenance schedule for machinery to ensure there is less opportunity for a breakdown or malfunction. Employees may be required to wear safety goggles, gloves, or earplugs in order to ensure safety and thus minimize the chances of injury through company negligence.
Risk management not only seeks to minimize the potential for injury to employees, but also reduces the opportunity for money and other forms of finance to be abused or utilized ineffectively. By making sure that all resources are utilized in a manner that is safe, logical, and efficient, the profit margin for the company will increase and everyone associated with the company is motivated to continue production.
The actual process of risk management will vary from company to company. The focus may be on employee safety measures, or machinery maintenance. In other companies, risk management can demand revamping policies and procedures in order to rid the company environment of potential risk situations. Risk management normally requires the support of owners and the management team in order to refine the overall operation and achieve the lowest degree of risk possible.
Notes:
to be highly likely to result – бути високо результативним
the logical flow of the production process – логічний хід процесу виробництва
with an eye toward – з наміром щось зробити
to achieve the lowest degree of risk possible – досягни найнижчого рівня ризику, який можливий