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Vocabulary Focus. Ex. 1.Study the meaning of the following words, then use them to fill in the gaps: monitor, check andcontrol



Ex. 1. Study the meaning of the following words, then use them to fill in the gaps: monitor, check and control.

– We check something to see if it is correct.

– The word control refers to power and domination. It is both a noun and a verb.

– If you monitor something you regularly check its progress.

1. I’ve … the documentation and everything is in order.

2. Inflation has not gone away but it is under ….

3. We constantly … the situation and if anything goes wrong we take action immediately.

4. We apologize for the delay which is due to reasons beyond our ….

5. Economists … prices, compute totaloutput and perform other useful tasks.

Salary, wages and fringe benefits (also known as perks ).

– A salary is paid monthly and usually by bank transfer. We use the word salary for monthly payments to professional employees.

– Wages are paid weekly to manual or unskilled workers.

– Fringe benefits (also known as perks) are extra payments (a company car, free accommodation etc.). In many job advertisements the combination of salary plus perks is called a remuneration package.

Complete this extract from a job advertisement.

We are offering an attractive … …, including basic … of 60 K p.a1., plus numerous … such as subsidized accommodation, free medical insurance etc.

Note:

1. K p. a. – one thousand per annum.

Ex. 2. Match the following word combinations in column A with their Russian equivalents in column B:

A B
1) academic argument 2) to provide fringe benefits 3) a private entrepreneur 4) an independent entrepreneur 5) to show a flair 6) to engage in business 7) to monitor performance 8) to qualify as an economist 9) tax revenue a) приобрести профессию экономиста b) заниматься коммерцией c) чисто теоретическое доказательство d) доход от налогов, налоговые поступления e) частный предприниматель f) обнаруживать способность (к чему-либо) g) независимый предприниматель h) управлять работой i) предоставить дополнительные льготы

Ex. 3. Express in one word.

Involving a greater amount of reading and study than technical or practical work; extra things that some people get from their job in addition to their salary; a person who starts or organizes a commercial enterprise; a natural ability to do sth well; the place of work; to watch and check sth over a period of time; to reach the standard of ability; knowledge required in order to enter a particular profession; working independently for customers or clients and not for an employer; to say in advance what is expected to happen; an amount of money needed for a particular activity or purpose, esp in business; to make sth available for sb to use by giving it.

Words for reference: costs, provide, academic, entrepreneur, self-employed, perks (fringe benefits), monitor, forecast, job-setting; flair, qualify, skill.

Ex. 4. Choose the words with similar meaning from two columns and arrange them in pairs.

A B
1) costs (n) 2) monitor (v) 3) flair (n) 4) entrepreneur (n) 5) forecast (n) 6) provide (v) 7) job-setting (n) 8) liable (a) a) supply, equip, outfit b) expenses, outlay c) control, manage d) skill, talent, inclination e) employer f) responsible g) place of work h) prediction, prophecy

Ex. 5. Complete the sentences using the words given below.

1. … means having the qualities that are needed to succeed as an entrepreneur.

2. An … is a person who sets up business and business deals.

3. A … is a person who is successful in business and so has become rich and powerful.

4. The industry will have to pass its increased … on to the consumer.

5. The management will … accommodation, food and drink for thirty people.

6. He has always been … for his children.

7. The … … of the job include a car and free health insurance.

8. He won’t … as an economist until next year.

9. An individual hoping to start up a new company needs to have entrepreneurial … or talent.

10. Unfortunately … of higher profits did not come true.

11. Economists are concerned with the production, … and ….

Words for reference: self-employed, forecasts, benefits or fringe benefits, qualify, flair, entrepreneurial, costs, provide, liable; tycoon, distribution, consumption.





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