Ex.12. Give the Russian equivalents for the following words and phrases.

To raise new capital; to issue; a specific amount of money; a bond; a loan; ‘maturity’; desirable; a tax deductible expense; common stock; to lend; affair; to vote for; a board of directors; to diminish; inventory; to plow back; to pay out.

Ex.13. Find the antonyms to the following words and phrases in the text.

To give back money –

To disagree –

Scarce –

Profits –

Long-term capital –

To pay out –

Ex.14. Work with a partner to complete the missing parts of the lecture on economics.

There are five main ways used by companies to ____. They are issuing bonds, sales of common stock, issuing preferred stock, ____ and using profits. Bonds are ____ for the company because the interest rate is lower than in most other types of borrowing. The corporation doesn’t pay taxes on bonds, it is a tax ____ for the company. Though holders of bonds ____money to the company, they can’t share in ____ and ____ and vote for the ____.

Ex.15. Answer the following questions.

What do many companies raise new capital for?

What methods of raising new capital do you know?

Why are bonds desirable for the company?

Do holders of bonds have a voice in company’s affairs?

What rights do the investors who buy common stock have?

What happens when a company issues too much stock?

When are the owners of the preferred stock paid?

Where can a company borrow its working capital?

What is the money policy of the ‘growth companies’?

Ex.16. Work with a partner and explain him (her) these notions.

a bond

a loan

‘maturity’

a common stock

a holder

dividends

‘growth companies’

Ex.17. Imagine that all of you are participants of an annual business conference. You are very successful businessmen who are constantly expanding and improving your companies. The topic of the conference is “Raising new capital properly is a half of successful business”. The point is that you are the opponents. Each of you sticks to one of the five primary methods of raising a new capital and considers it to be the best one. Remember: the time is limited. Don’t forget to tell a little bit about your company (What do you produce or sell? Is it something practical or for people’s pleasure? Why do you think you succeeded?)

A List of Literature.

1.В.Д.Португалов. Учебник по английскому языку. Economics. Издательство Москва, 1998.

2.Н.Л.Мамаева. Английский язык для экономистов: вводные темы. Издательство «Экзамен», 2005.

3.С.Л.Яшина, Е.А.Закоморная. Английский язык для экономистов. Издательский центр «МарТ»,2003.

4.

5.В.Д.Аракин, З.С.Выгодская, Н.Н.Ильина. Англо-русский словарь. Екатеринбург: «Урал-Советы»,1991.

6.В.Мюллер. Новый русско-английский словарь. Издательство «Альта-Пресс», 2003.

Contents.

1. Introduction…………………………………………………………………..2

2. Unit I…………………………………………………………………………3

Jane’s first bank account……………………………………………………..3

A used-car dealer……………………………………………………………..8

To be or not to be a …businessman………………………………………...11

The dollar…………………………………………………………………...16

Henry Ford…………………………………………………………………20

3. Unit II………………………………………………………………………26

Legal forms of business: Sole proprietorship and Partnership……………..26

Legal forms of business: Limited Company………………………………..35

4. Unit III………………………………………………………………………43

Prices and Markets………………………………………………………….43

5. Unit IV………………………………………………………………………48

Success in Business…………………………………………………………48

6.A list of Literature…………………………………………………………...57

1ЫГAnd what does ‘success’ in business mean for you/ССУЫЫ ШТ ИГЫШТУЫЫ1

Дата добавления: 2015-11-14