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Task 14. Compose a summary of the text in 80 words. 2 страница



1. Consumer behavior ___ one of the major courses in marketing. a) was becoming, b) became, c) has become.

2. The managers ___ the business plan by the beginning of activity tomorrow. a) will have explained, b) has explained, c) had explained.

3. I ___ him as a skilled manager for years. a) known, b) have known, c) had known.

4. The team ___ more cooperation and coordination among departments. a) have assured, b) is assured, c) was assured.

5. Before making a decision he ___ hundreds of candidates. a) interviewed, b) has interviewed, c) had interviewed.

Task 5. Write down sentences with the following words and word combinations:

wish; external; may; to lead; at any rate.

Task 6. Paraphrase the following sentences using the modal verbs (can, may, must, to have to):

1. I wish you used a variety of tools and techniques in controlling. 2. I am sure she has been working in this department for all her life. 3. I came in time but I didn’t catch the bus. 4. He will prepare this presentation. 5. They have used the office equipment.

Task 7. Rearrange the following jumbled words into sentences:

1. What are, of tests, the main goals, and control papers? 2. Staff position, advice, facilitates or provides, to line positions. 3. A manager, who can get things done, is a person, though others. 4. Quality of a product, but from improvement, comes not from inspection, of the process. 5. Various tools, have been used, and techniques, in controlling.

Task 8. Translate the sentences into English:

1. Одним із найдавніших засобів контролювання є бюджет. 2. Якби вона не дістала важливу інформацію, вона б втратила роботу. 3. Вони закінчать обговорення нового контракту до по­чатку зустрічі. 4. Скільки нових видів продукції ви запропону­вали в цьому році? 5. Менеджер подякував за те, що ми зробили.

Task 9. Make up the dialogue, using phrases from both columns:

A. B.
1. Sorry, I will be very obliged to you if you answer some questions.__ a) Yes, I do.  
2. Do you remember that our teacher talked about 5 forms of controlling? ___ b) OK. I’m at your disposal.
3. But I read in a book that some authors identify only three main forms of controlling.___ c) It is really easy to remember these three main forms of controlling.
4. They are: direct controlling by orders, direct supervision, rules and regulations; controlling through standardisation and specialisation; controlling through influencing the way that people think about what they should do.__ d) Can you give me this book? I want to copy the material about management functions.  
5. It will be very useful to prepare for our exams together.__ e) And what are they?
6. Yes I can. I’ll bring it to you tomorrow.  

Task 10. Read the text and mark the statements given below “true” or “false”.

Today's excellent corporations, more often than not, are reflections of their leaders. They have a vision of excellence and have led others to share that vision. Leadership today is not just good management, it is also a matter of establishing values, sharing visions, creating enthusiasm and maintaining focus on a few, clear objectives.

Successful leadership depends largely on who is being led and in what situation. Research supports the notion that different leadership styles ranging from autocratic to employee-controlled may be successful depending on the people and the situation. A manager may be autocratic but friendly with a new trainee; democratic with an experienced employee who has many good ideas that can only be fostered by a manager who is a good listener; and laissez-faire with a trusted, long-term supervisor who probably knows more operations than the manager does.

1. Excellent corporations are reflections of their leaders. 2. Leadership is just good management. 3. Successful leadership depends largely on who is being led and in what situation. 4. A manager may be autocratic but friendly with a new trainee. 5. Research supports the notion that different leadership styles may be successful depending on the country.

UNIT 4

TEST 1

Task 1. Give Ukrainian equivalents of the following words:

brand; to acquire experience; to eliminate; duration; to decline; to go wrong; marketer; to provide additional funds; wholesaler; tax return.

Task 2. Give English equivalents of the following words:

досягати цілей; споживач; рада директорів; можливий продаж; займатися комерційною діяльністю; задовольняти; початкові вит­рати; зменшувати; акціонер; ринкова стратегія.

Task 3. Give the definitions of the following words and word combinations:

to be available; division of profit; mature; purpose; to undertake.

Task 4. Fill in the spaces with the appropriate verb forms (a, b, c):

1. Customers ___ by a stunning effect of that advertisement last year. a) were impressed, b) were being impressed, c) are impressed.

2. Every company ___ to pay tax on the profit. a) had been obliged, b) is obliged, c) was obliged.

3. Several new workers ___ by our boss recently. a) have been employed, b) will be employed, c) are being employed.

4. Tomorrow at the meeting updated financial information ___ by the director. a) was reported, b) will be reported, c) is reported.

5. The article ___ by her now. a) is being written. b) has been written, c) is written.

Task 5. Identify the tense and voice of the following verbs:

have been discussed; will be discussing; had discussed; had been discussed; was being discussed; will discuss; will be discussed; was discussed; is being discussed; have discussed.

Task 6. Change the following sentences using the Passive Voice:

1. They will open this supermarket next month. 2. Mr. Simson founded this cooperative in 2005. 3. You have found a partner to do your business with. 4. We are discussing our problem at this moment. 5. The customers own a cooperative.

Task 7. Rearrange the following jumbled words into sentences:

1. The activity, is aimed, of our company, at finding partners abroad. 2. The power, of the board, is in the hands, to run a company, of directors. 3. Why, to keep up, a few more employees, don’t we hire, with the deadline? 4. The process of incorporation, of forming, stands for the process, a corporation. 5. The notion of marketing, and requires, is a broad one, explanation.

Task 8. Translate the sentences into English:

1. Дослідження ринку здійснюють для того, щоб з’ясувати, якими є потреби сучасного споживача. 2. Коли він працював у цій компанії, щорічно вивчав попит споживачів. 3. Не всі власники мають можли­вість отримувати додаткові пільги. 4. Дизайн про­дукції розробляють так, щоб привернути увагу покупця. 5. Якщо власник неспроможний виконати всі фінансові зобов’я­зання, його чекає банкрутство.

Task 9. Make up the dialogue, using phrases from both columns:

A. B.
1. Hello, Peter. It’s so nice to see you. How are you getting on? ___ a) Quite all right, thank you. But I have a little problem with my study. I must prepare a short presentation about organising.
2. Is it a function of management? ___ b) Thank you very much for the information, I think now I will be able to fulfill the task better.
3. I think I can help you.___ c) See you soon!
4. To organise means to create some structure. Organising is a process of creation of an enterprise structure, which enables people to work effectively together for achieving its aims. ___ d) Yes, there are five functions of management and every student in our group has to prepare a talk about a different one, mine is organising.  
5. You are welcome. Good bye!___ e) Really? I’ll be grateful for any hint.

Task 10. Read the text and mark the statements given below “true” or “false”.

One of the most important elements of success in any organisation is the overall organisational culture. It may be defined as widely shared values within an organisation that provide coherence and cooperation to achieve common goals. Usually the culture of an organisation is reflected in stories, traditions and myths. Disney and McDonald’s are two examples of favorable corporate cultures that lead to successful operations. But an organisational culture can also be negative. As an example we can take any motor vehicle licensing bureau. The clerks seem uniformly glum, indifferent and testy. The very best organisations have cultures that emphasise ser­vice to others, especially customers. The atmosphere is one of friendly, caring people who enjoy working together.

1. Organisational culture is widely shared values within an organisation that provide coherence and cooperation to achieve common goals. 2. Disney and McDonald’s are two examples of favorable corporate cultures that lead to successful operations. 3. The most important element of success in any organisation is the overall organisational culture. 4. An organisational culture can not be negative. 5. Usually the culture of an organisation is reflected in certain regulation rules.

TEST 2

Task 1. Give Ukrainian equivalents of the following words:

to assign duties; to broaden; employee; a finished good; to levy taxes; marketplace; retirement funds; to predict; supplies; to trade.

Task 2. Give English equivalents of the following words:

ефективний; діяльність; переоцінити; страхування здоров’я; переваги і недоліки; встигати; роздрібний торговець; збере­ження, утримання доходу; підпорядковуватись; працювати на когось.

Task 3. Give the definitions of the following words and word combinations:

to affect; co-owner; to distribute; minutes of a meeting; publicity.

Task 4. Fill in the spaces with the appropriate verb forms (a, b, c):

1. Their goals ___ already. a) are accomplished, b) will be accomplished, c) have been accomplished.

2. The methods of avoiding risks ___ by him last month. a) were being explained, b) were explained, c) are explained.

3. All managers ___ by Monday. a) will have been informed, b) informed, c) are informed.

4. A dozen of candidates ___ before he made a decision. a) had been interviewed, b) are being interviewed, c) is interviewed.

5. At this moment the agreement with another firm ___ by him. a) is signed, b) had been signed, c) is being signed.

Task 5. Identify the tense and voice of the following verbs:

was being presented; will have been presented; has presented; is presented; had been presented; will present; is presenting; will be presented; presented; is being presented.

Task 6. Change the following sentences using the Passive Voice:

1. They have been promoting the new product for half a year. 2. They levy taxes on the specific goods like cigarettes. 3. Yesterday we signed a partnership agreement. 4. Next year they will begin the restructure their organisation. 5. The members of our company were discussing the business plan at this time yesterday.

Task 7. Rearrange the following jumbled words into sentences:

1. The duties, are sometimes too complicated, assigned by our boss, to be fulfilled. 2. Running a business, has to cover, an entrepreneur, everyday costs. 3. Is anybody, the minutes, taking down, of the meeting? 4. I would describe, of the company, the policy, as an inflexible one. 5. His firm, our proposition, declined, to cooperate.

Task 8. Translate the sentences into English:

1. Розподіл ринку – це процес поділу ринку на декілька частин, які мають спільні характеристики. 2. Відмова від проведення презентації спричинена фінансовими проблемами. 3. Деякі корпорації займаються благодійною діяльністю. 4. За допомогою рек­лами забезпечується просування продукції на ринку. 5. Його ознайомили з технологією виробництва минулого тижня.

Task 9. Make up the dialogue, using phrases from both columns:

A. B.
1. What are your plans as to your future career? __ a) It’s a good idea. We will have our own corporation!
2. Oh, I have the same idea, but I don’t know how to organise it.___ b) No, partnership means carrying on a common business for shared profit by some persons. A partnership differs from a corporation by the fact that the individuals remain separate in identity and are not protected by limited liability.
3. I think we can help each other. I have some money and you have some knowledge. We can work together.___ c) Corporation is a number of people grouped together in a legally constituted joint enterprise.
4. What is it? I thought that we would have a simple partnership.___ d) I want to start my own business. And what about you?
5. As I know partnership is the same.___ e) It is not a problem. A lot of people became successful without special training. But I don’t have enough money.

Task 10. Read the text and mark the statements given below “true” or “false”.

The informal organisation is the spontaneous system of open communications, relationships and power centers that naturally emerges in any group of people. The informal organisation’s center is the “grapevine” or the system of unofficial information flows between and among managers and employees. The key people in the informa­tional system usually have the most influence in the organisation. In the new, more open organisations, where managers and employees work together, the informal organisation can be an invaluable managerial asset that often promotes harmony among workers and establishes the corporate culture. The most important aspects of the informal organisation are: group norms and group cohesiveness.

1. The informal organisation can be an invaluable managerial asset. 2. The key people in the informational system usually rule but have no influence in the organisation. 3. Good cooperation of manager and employee often promotes harmony among workers and establi­shes the corporate culture. 4. Group norms and group cohesiveness are the most important aspects of the informal organisation. 5. The informal organi­sation is not the spontaneous system of open communications.

UNIT 5

TEST 1

Task 1. Give Ukrainian equivalents of the following words:

collateral; demand; accounting; to maintain; policyholders; revenue; to imply; property; to self-insure; treasurer.

Task 2. Give English equivalents of the following words:

мати підтримку; акційне фінансування; відповідний; представ­ляти; фонди, активи, гроші; зберігати контроль над; вигідні умо­ви праці; посередник; пункт, питання; дозволяти собі (фінансово).

Task 3. Give the definitions of the following words and word combinations:

accounts receivable; to expand; stock; to calculate; legal claims.

Task 4. Turn the following sentences into Indirect Speech:

1. He asked, “How to accumulate capital?” 2. The manager said, “The earnings have increased much in comparison with the last year”. 3. He said, “My purpose was to interest bondholders”. 4. She asked, “Have you considered all the financial problems?” 5. The client asked, “What does debt capital comprise?”

Task 5. Turn the following sentences into Direct Speech:

1. The boss informed that we would finish the project till the end of the month. 2. He asked if I knew anything about a new corporate strategy. 3. She was sure that stock exchanges enabled investors to buy and sell securities. 4. I was absolutely sure that the paragon of business did not really exist. 5. He asked how I would define the process of selling accounts receivable for cash.

Task 6. Write down sentences with the following words and word combinations:

balanced sheet; earnings; mortgage on home; hazardous activity; to presuppose.

Task 7. Rearrange the following jumbled words into sentences:

1. She explained, he or she, that if one was a stockholder, might obtain dividends. 2. She said, was considered, that a trade credit, a kind of short-term funding. 3. He stated, had been, that forming a budget, one of the most sophisticated tasks recently. 4. Being a finance manager, that his main task was, he accepted, to deal with short-term funding. 5. The top management announced, would take place, that the meeting, the following week.

Task 8. Translate the sentences into English:

1. Акціонери – власники акціонерної страхової компанії. 2. Різні види позик надають комерційні банки. 3. Купуючи страхові по­ліси своїм підлеглим, можна захистити їх від можливих нещасних випадків. 4. У малому бізнесі часто виникають проб­леми з фінан­суванням. 5. Вона сказала, що необхідно виплатити грошову компенсацію деяким працівникам.

Task 9. Make up the dialogue, using phrases from both columns:

A. B.
1. Is it true that you want to be a finance manager? __ a) I’ll be looking forward to meeting you. Good bye.
2. And what is it? ___ b) Financial management is the complex system of firmness, reliability and efficiency of managing by finance.
3. Recently I have heard the term “financial decisions”. Don’t you know what it is? ___   c) You seem to be a good expert in the sphere of financial mana­gement. Let’s meet one day and continue our discussion.
4. Let me add that a corporate investment must be financed appropriately. Since both hurdle rate and cash flows will be affected, the financing mix can impact the valuation.___ d) As I know, it includes forming and planning of financial indexes with the observance of scientific approaches and principles of ma­nagement, balance of income and charges, profitability of work and commodities.
5. Good idea.___ e) Yes, financial management is very interesting and perspective, to my mind.

Task 10. Read the text and mark the statements given below “true” or “false”.

A firm can reduce the chance of risk occurring by establishing loss-prevention programs such as fire drills, health education, safety inspections, accident prevention programs and so on. Many retail stores, for example, have mirrors, video cameras and other devices to spot and prevent shoplifting. Water sprinklers are used to minimise fire loss. Most machines have safety devices to protect workers’ fingers, eyes and so on. Many companies have turned to self-insurance because they either can’t find or can’t afford conventional property/casualty policies. Such firms set aside money to cover routine claims and buy only “catastrophe” policies to cover big losses. Firms with huge facilities, in which a major fire or earthquake could destroy the entire operation, usually turn to insurance companies to cover the risk.

1. Many companies have turned to self-insurance because they either can’t or afford conventional property. 2. A firm can reduce the chance of risk by no means. 3. Firms with huge facilities usually turn to insurance companies to cover the risk. 4. Loss- prevention programs serve to reduce the chance of risk. 5. “Catastrophe” policies can cover only big losses.

TEST 2

Task 1. Give Ukrainian equivalents of the following words:

commodity; hazardous activity; additional funds; to cut expenses; mutual; to give preference to smth.; proxy; to retire; to venture; bankruptcy.

Task 2. Give English equivalents of the following words:

накопичувати капітал; звичайний, традиційний; підтримувати, підтверджувати; робота, діяльність фірми; вважати, розглядати; застава будинку; можливі втрати; цінні папери; виплатити; керів­ник вищої ланки.

Task 3. Give the definitions of the following words and word combinations:

to delay payments; overdue payments; to enable; options; probability of loss.

Task 4. Turn the following sentences into Indirect Speech:

1. She said, “I am deprived of the control over our firm.” 2. She asked, “Is it possible to get acquainted with corporate affairs?” 3. He said, “Perfect financial management should start with planning.” 4. He asked, “What was the outcome of the yesterday’s meeting?” 5. The teacher explained, “A proxy is referred to as a temporary transfer of voting rights from stockholders to managers.”

Task 5. Turn the following sentences into Direct Speech:

1. She said that if you wanted to invest, you would have to accumulate capital. 2. The presenter explained that it was their marketing strategy for the coming decade. 3. He said that a stock certificate sustained the fact that you were a stock owner. 4. They say that discount bonds are sold below face value. 5. She agreed that equity financing had its positive and negative sides.

Task 6. Write down sentences with the following words and word combinations:

a stock exchange; a middleman; external funding; to self-insure; investment; vehicle.

Task 7. Rearrange the following jumbled words into sentences:

1. He said, to arrange, that it had not been easy, the working team. 2. The chief asked, the budget, if we had drawn up, for the next year. 3. She said, could appear, that financial problems, because of poor organisation. 4. The teacher asked, what financial institutions, the students, they knew. 5. It was arranged, our colleague, that we would visit, in hospital.

Task 8. Translate the sentences into English:

1. Ризик визначається загальною сумою втрат. 2. Від несплати необхідних коштів споживачами фірму захищає кредитний стра­ховий поліс. 3. Акціонери отримують дивіденди від доходу фір­ми. 4. Вклад капіталу робиться для одержання доходу. 5. Керів­ник повідомив, що до кінця цього місяця потрібно здати списки усіх працівників фірми.

Task 9. Make up the dialogue, using phrases from both columns:

A. B.
1. It is said that Risk Management is the process of measuring or assessing risk and then developing strategies to manage the risk.__ a) See you later. Bye.
2. In general, the strategies employed include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk and accepting some or all of the consequences of a particular risk. ___ b) I can make a conclusion that the core of the process is the series of certain steps: establishing the con­text, identifying risk, evaluating it and only then treating.
3. It sounds logical. Don’t you know that all large corporations have risk management teams? ___ c) Will you be so kind as to explain it to me?
4. In practice the process can be very difficult. And balancing bet­ween risks with a high probability of occurrence but lower loss vs. a risk with high loss but lower probability of occurrence can often be mishandled.__ d) But financial risk management focuses on risks that can be ma­naged using financial instruments.
5. Thank you for useful conver­sation. It’s time to go now.___ e) No, but now I know it.  

Task 10. Read the text and mark the statements given below “true” or “false”.

Insurance is designed to protect us from all kinds of risk. Businesses and nonprofit organisations may offer their employees an array of health care benefits to choose from. Everything from hospi­talisation to physician fees, eye exams, dental exams and presc­riptions can be covered.

Major medical insurance is usually available to cover major long-term illness. Employees may also want accident insurance, cancer insurance and other specialised health insurance policies.

1. We can be protected from risk by means of insurance. 2. Businesses and nonprofit organisations may offer their employees a single type of insurance. 3. Major medical insurance is usually available to cover major long-term illness. 4. There exist some specialised health insurance policies. 5. Major medical insurance is available to cover all possible illnesses.

UNIT 6

TEST 1

Task 1. Give Ukrainian equivalents of the following words:

attribute; assumption; compliance; interpretation; to comprise; to encou­rage; goal; recognition; ordinary; vision.

Task 2. Give English equivalents of the following words:

готувати, тренувати; відповідь, зворотний зв’язок; справедли­вість; зв’язний; виконувати, втілювати в дійсність; сповнений рішучості; повага; невтручання; гнучкий; підтримувати, зберігати.

Task 3. Give the definitions of the following words:

to adapt; forecast; supervisor; to anticipate; outcome.

Task 4. Identify the form and voice of the following Infinitives:

to sustain, to be sustained, to have been sustained, to have sustained, to be sustaining.

Task 5. Identify the type of the Infinitive Complex:

1. I saw him write the letter. 2. He was seen to send the email. 3. The message was too difficult for me to understand it. 4. She happened to know the situation well. 5. I let them go home.

Task 6. Complete the following sentences using different types of Infinitive Complexes:

1. It is necessary for me ___. 2. We were considered ___. 3. He is said ___. 4. We thought them ___. 5. You should like the manager ___.

Task 7. Rearrange the following jumbled words into sentences:

1. Is there, between a manager, any difference, and a leader? 2. The company, the plan, is now carrying out, set at the last meeting. 3. Most people expect, for their work, to get a reward. 4. He seems, the organisational, to be planning, vision. 5. Many, are said, successful psychologists, to possess empathy.

Task 8. Translate the sentences into English:

1. Працівники цінують керівника за демократичний стиль управ­ління. 2. З думкою про те, що вроджені таланти треба розвивати, погоджується більшість вчених. 3. Під час засідання він розхви­лювався і покинув зал. 4. Схоже, що він стане лідером. 5. Зда­ється, що вона не отримала електронну пошту.

Task 9. Make up the dialogue, using phrases from both columns:

A. B.
1. What theme did you choose for your diploma work? ___ a) I have a lot of information about it. And I can explain to you what human resource mana­gement is.
2. Why? It is so complicated and not understandable! ___ b) I want to write about human resource management.
3. Oh, please, do it. ___   c) Human Resource Management (HRM) is both an academic theory and a business practice. The employees are firstly human, and secondly should NOT be treated as a basic business resource.
4. And what about academic theory and critical theory? What are the differences? ___   d) Yes be sure, I just want to add that some critics have noted that in practice, the department or manager who used to have “Personnel Manager” on their door, has now changed that sign to "Human Resource Manager" and that is the only change.
5. And is it true that rhetoric has had an important consideration within the understanding of critical theory, of the rhetoric and realities of HRM. ___ e) The basic premise of the academic theory of HRM is that humans are not machines. Critics of HRM, have noted that HRM suffers from the problem of the connotation of its own name, treating humans as a resource.

Task 10. Read the text and mark the statements given below “true” or “false”.





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