Supplementary list of words and phrases

accept	приймати
aerospace	аерокосмічний
amount	величина, кількість
as well as	a також
benefit	вигода; прибуток
commitment	інвестиційні зобов’язання
compete/competition/competitor/ keep up with the competition	конкурувати/конкуренція/конкурент/ йти в ногу з конкурентами
credit worthiness	кредитоздатність
customer	споживач
decision making	прийняття рішення
define	визначати
delivery	поставка, постачання
dissemination	розповсюдження
effective	дійовий; ефективний
efficient	умілий, кваліфікований (про людину)
financial portfolio	портфель цінних паперів
in a timely fashion	своєчасно
interest rate	процентна ставка
loan/ apply for a loan/ grant/ deny a loan/	позика/подавати заяву на позику /надати позику/ відмовити у позиці
manufacturer	виробник
on the factory floor	на підприємстві
productivity	продуктивність
set (n) set up (v)	комплект, набір; установлювати, ставити
take advantage of	скористатися перевагою
vital	життєво важливий
wizard	чарівник

Exercise 5. Are the following statements true or false?

1. Information systems are used to convert data into information.

2. Personal information systems can be found in most businesses and organizations.

3. Basic tasks performed by information systems are (1) arithmetic functions on numeric data, (2) logical comparison of values, and (3) storage and retrieval of data.

4. Many financial institutions use an information system to determine credit worthiness of a customer.

5. It is the information system that makes a decision whether to give a loan to a customer or deny it.

6. Computer literacy involves judging the value of information and ability to use the information generated wisely.

7. You have to be a computer wizard to know how to turn the computer on and off.

Exercise 6. Complete the following sentences with the words from the box. Translate the sentences into Ukrainian:

productivity, ability, delivery, communicate, requirements, accurately, decisions, information, goals

1. Effective information systems can enable organizations to make better …… and reach their ……

2. Because of the move to an economy based on information, your …… to perform on a job depends on how well you receive and use it.

3. If you have ever used a computer, then you have realized its impact on your efficiency and ……

4. A major consumer goods company decided to speed up its customer …… by opening many new warehouses.

5. One of the three basic functions of …… systems is to produce and …… information to users.

6. Information systems can work faster, more ……, and more reliable than people.

7. The new type of this equipment meets our …

Exercise 7. Insert the necessary prepositions:

1. Information systems help banks determine credit worthiness …… a client applying …… a loan.

2. You will need both computer and information literacy to compete …… many jobs.

3. Information systems are vital …… the successful operation …… most businesses and organizations.

4. Almost anyone who takes advantage …… microcomputers improves his/her productivity.

5. To gain access …… needed information you must know how to use software required …… your job.

Exercise 8. Answer the following questions:

1. What is an information system?

2. Where are information systems used?

3. Where are multiuser information systems usually found?

4. What are personal information systems designed for?

5. What are the three basic functions of an information system?

6. In what way can information systems be useful on the factory floor?

7. Why is it important to possess a basic level of knowledge, understanding and skill in using computers and information systems?

8. What do you understand by “information and computer literacy”?

Exercise 9. Discuss the following:

How do computers and information systems affect the creation and management of information?

Exercise 10. Translate into English.