- •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
Vocabulary list
іnsurance – страхування
to incur – зазнавати (збитків)
adverse – несприятливий
to reimburse – відшкодовувати
indemnification – відшкодування, компенсація
damage – збиток, пошкодження
ensure – забезпечувати, гарантувати, страхувати
nuclear power – ядерна енергія
endless – безкінечний, нескінченний
consequence – наслідок
a stock insurance company – акціонерна страхова компанія
a mutual insurance company – взаємна страхова компанія
to cover risk – страхувати (покривати) ризики
the law of large numbers – закон великих чисел
predictable number – передбачувана (прогнозована) кількість
an insurance policy – страховий поліс
the insured – застрахований
the actual loss – реальні збитки
a premium – страхова премія (страховий платіж)
fee – збір (внесок)
to charge – справляти, стягувати
the rule of indemnity – правило компенсації
a deductible clause – умова франшизи (мінімуму, що не страхується)
to exceed – перевищувати
the deductible amount – сума франшизи (мінімуму, що не страхується)
a coinsurance clause - умова страхування
insurance coverage – страхове покриття
property insurance – майнове страхування
insurance rider – додаткові умови страхування
property damage – пошкодження власності (майна)
marine insurance – морське страхування
liability insurance – страхування відповідальності
workers’ compensation insurance – страхування працівників від нещасного випадку на виробництві
personal injuries – тілесні ушкодження
II. Vocabulary exercises
Ex.1. Find equivalents:
1. a stock insurance company a) несприятливі умови
2. to cover risks b) збитки, пошкодження
3. a mutual insurance company c) тілесні ушкодження
4. a premium d) майнове страхування
5. a deductible clause e) акціонерна страхова компанія
6.a coinsurance clause f) передбачувана кількість
7. property damage g) умова соцстрахування
8. predictable member h) пошкодження майна
9. personal injuries i) страхове покриття
liability insurance j) страхування відповідальності
property insurance k) сума франшизи
12. the rule of indemnity l) умова франшизи
the deductible amount m) страхова премія
14. an insurance policy n) реальні збитки
15. the Law of large numbers o) страховий поліс
16. insurance coverage p) закон великих чисел
the actual loss q) страхувати (покривати) ризики
18.adverse conditions r) взаємна страхова компанія
19. damages s) акціонерна страхова компанія
Ex.2. Enter correct correspondences in English or in Ukrainian:
ENGLISH |
UKRAINIAN |
a mutual insurance |
|
|
страхова премія |
a stock insurance company |
|
|
прогнозована кількість |
the rule of indemnity |
|
|
умова франшизи |
|
страхування відповідальності |
to cover risk |
|
|
майнове страхування |
a coinsurance clause |
|
property insurance |
|
|
взаємна страхова компанія |
personal injuries |
|
the law of large numbers |
|
|
пошкодження майна |
|
страхове покриття |
damage |
|
|
несприятливі умови |
workers’ compensation insurance |
|
Ex.3. Find English equivalents for the following Ukrainian phrases:
Фінансування збитків; несприятливі умови; відшкодування (компенсація) збитків; повинні гарантуватися урядом; акціонерні страхові компанії; взаємні страхові компанії; власник страхового поліса; розумні ціни; ефективний спосіб страхувати ризики; піддаватися однаковим ризикам; прогнозовані збитки; письмовий договір; застрахований; обіцяти сплатити частину збитків; збір, що стягується страховою компанією; правило компенсації; умова франшизи; перевищувати суму франшизи; умова страхування вимагає, щоб бізнес був застрахований до 80% вартості будівель; бізнес має різноманітне страхове покриття; майнове страхування включає страхування від пожежі; страхування відповідальності забезпечує захист від збитків; тілесні ушкодження та ушкодження майна інших.
Ex.4. Fill in the blanks with prepositions, pronouns or conjunctions if necessary:
Insurance technology is a means chosen … funding … losses, incurred … individuals and companies … a result … various adverse conditions.
The need … funds … indemnification … damages also differs.
The risks … large damages which cannot be covered … private structures must by always ensured … the government … taxation or … other means.
The law … large numbers states that … a large number … people … organizations are exposed … the same risk, a predictable number … losses will occur … a period … time.
An insurance policy is a written contract … the insured … an insurance company.
A premium is the fee charged … the insurance company.
The rule … indemnity says an insured person cannot collect more … the actual loss.
A deductible clause says that the insurance company will pay only the part … a loss that exceeds the deductible amount.
Business carries a variety … insurance coverage.
Property insurance includes … fire insurance … its rider, which covers wind, hail, smoke and other damage.
Liability insurance provides protection … losses resulting … personal injuries or … the property … others.
Ex.5. Fill in the blanks below with the appropriate terms from the list:
Stockholders; predictable number; the Law of large numbers; the actual loss; liability insurance; fee; workers' compensation; organizations; mutual insurance companies; insurance policy; a deductible clause; insured.
A stock insurance company is owned by …, just like any other investor-owned company.
… are more popular today as more firms join together to start new companies.
… makes insurance an effective means to cover risks.
The Law states that if a large number of people or… are exposed to the same risk … of losses will occur during a given period of time.
… is a written contract between the …. and an insurance company that promises to pay losses.
A premium is the … charged by the insurance company.
The rule of indemnity says an insured person cannot collect more than …
… will pay only the part of a loss that exceeds the deductible amount.
Protection against losses resulting from damage to the property of others are provided by ….
The form of liability insurance for on-the-job injuries is called….
Ex.6. Complete the following sentences:
Insurance technology is a means chosen for … .
However, the risks of large damages which cannot be covered by private structures…
Insurance is extremely important for ….
A mutual insurance company is owned by … .
The factor that makes insurance an effective way … .
An insurance policy is … .
A premium is … .
The rule of indemnity says … .
A deductible clause says … .
A coinsurance clause requires business … .
Business carries a variety of insurance coverage including… .
Property insurance includes … .
Liability insurance provides protection … .
Ex.7. Match each term in Column A with its definition in Column B:
Сolumn A Сolumn B
1. Coinsurance a) the money that you pay regularly to an
insurance company or the price of an insurance
policy;
2. Insurance b) the theory of probability on which the business of insurance is based. It says that the larger the group of units insured, such as sport-utility vehicles, the more accurate the prediction of loss will be;
3. Premium c) insurance that will only pay for part of the value or cost of something;
4. Insurance policy d) coverage for goods in transit, and for the
commercial vehicles that transport them, on water
and over land. The term more generally applies to
ocean marine insurance;
5. The Law of large numbers e) an insurance company owned by its stockholders
who share in profits through earning distributions
and increases in stock value;
6. Liability insurance f) an arrangement with a company in which you pay them money, especially regularly, and they pay the costs if something had happened;
7. Marine insurance g) coverage for losses above the limit of an
underlying policy or policies such as homeowners
and auto insurance;
8. Mutual insurance company h) written agreement for insurance with an insurance company;
9. Stock insurance company i) insurance for what the policyholder is legally
obligated to pay because of bodily injury or
property damage caused to another person;
10. Umbrella policy j) a company owned by its policyholders that
returns part of its profits to the policyholders as
dividends. The insurance uses the rest as a
surplus cushion in case of large and unexpected
losses.
Ex.8. Answer the following questions:
What is the main tasks of insurance?
How can the risks be covered in different societies?
Insurance is extremely important sphere of the financial market, isn’t it? Why?
What is the difference between a stock insurance company and a mutual insurance company?
What makes insurance effective?
What is an insurance policy?
What is a premium?
What does the rule of indemnity say?
What does the coinsurance clause require?
Insurance coverage includes fire, auto and truck, liability, health, life criminal loss and workers’ compensation, doesn’t it?
What does property insurance include?
What protection does liability insurance provide?
Ex.9. Translate into English:
Технологія страхування забезпечує фінансування збитків, що зазнали люди, або компанії в результаті різних несприятливих умов.
Механізми страхування та ризики, що відшкодовуються, відрізняються в різних країнах.
Цей тип фінансово-економічної діяльності надзвичайно важливий для суспільства.
Закон великих чисел це той фактор, що робить страхування ефективним способом покриття ризиків.
Страховий поліс це письмовий договір між застрахованим та страховою компанією, що обіцяє сплатити всі або частину збитків.
Страхова премія це збір, що справляється страховою компанією.
Відповідно до правила компенсації застрахована особа не може отримати більше ніж реальні збитки.
Умова франшизи означає, що страхова компанія сплатить частину збитків, якщо вони перевищують суму франшизи.
Умова сострахування вимагає щоб бізнес був застрахований до 80% вартості будівель.
Бізнес має різноманітне страхове покриття, включаючи страхування від пожежі, страхування на випадок захворювання, страхування відповідальності, страхування працівників від нещасного випадку на виробництві та інші.
Майнове страхування включає також страхування від тілесних ушкоджень, пошкодження майна, морське та авіаційне страхування.
Страхування відповідальності забезпечує захист від збитків, що є результатом пошкодження майна інших осіб або нанесеним їм тілесних ушкоджень.
Існує велика різноманітність страхових полісів страхування відповідальності, включаючи поліс, що покриває практично все.
Ex 10. Write several paragraphs on the following using given words and word combinations:
insurance technology:
funding of losses; to incur; adverse conditions; risks, indemnification of damages; state, private companies; to cover; taxation; to ensure unemployment; provision economic life of a society; to deal; consequences; adverse events;
insurance companies:
regulators of society’s attitude to risks; a stock insurance company; mutual insurance company; reasonable prices; to cove risks; the Law of large numbers; to expose; predictable number of losses; to occur;
key terms used by insurance companies:
insurance policy; insured; to promise; the rule of indemnity; to collect; actual loss; a deductible clause; to pay; a coinsurance clause; to require; to carry; insurance coverage; fire; liability; worker’s compensation; property insurance; to include; to cover; marine and aviation insurance; liability insurance; to provide; personal injuries; damage of property.
iii. ORAL Practice
a. DialogueS
1. Read the dialogue and sum up the content: