Working conditions

1. The people who run the company are known to be the management of the company. The … of the company is made up of individual managers. The … are appointed to their positions by the board of directors. The … is the collective name. If a manager is appointed to the higher… in the firm, he is given a promotion. It means moving up the career ….

management, position, ladder, board, managers

2. Sometimes two or more people own and run a …. This is called a partnership. People who invest money in a business are called …. The investors in a … are all partners and owners. Usually all the partners have … liability for debts before ….

creditors, unlimited, partnership, business, investors

Exercise 11. Make the presentation of the marketing for a group of students who have just started learning marketing. Use the stages of the presentation from Unit 1.

Exercise 12. Write a letter to your friend who is thinking of entering the University. Recommend him to choose specialty “Marketing” and explain why it is so interesting, using the information of the text.

Exercise13. Read a telephone message and write your own one about the meeting with the manager of a partner company. Remember:

The telephone message must include information about:

The person for whom the call was done.