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Vocabulary. 1. Read and remember the following words and word combinations

Read and remember the following words and word-combinations. | HUMAN RESOURCES MANAGEMENT | Express your opinion. Agree or disagree with statements according to the model. | Enumerate the main functions of HRM and their value to a company. | Form the derivatives. | SUPPLY CHAIN MANAGEMENT | Translate the following sentences into Russian. | Read English sentences choosing one of the Russian words in brackets with the proper meaning. This time work in small groups. | Make four or five questions to the text and then ask them to another group of students. | QUALITY MANAGEMENT |


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1. Read and remember the following words and word combinations. Group them according to the parts of speech: – nouns; – verbs; – word-combinations.

 

  Draft – набросок, черновик   Return on investment – рентабельность инвестиций
  Implementation – выполнение, осуществление   Cost-benefit analysis – анализ затрат и выгод
  Long-term objectives – долгосрочные цели   Underestimation – занижение, недооценка
  Rivalry – соперничество, конкуренция   Hierarchy – иерархия
  Assumption – предположение, допущение   To diversify – разнообразить, расширить ассортимент
  Bottom-up – снизу вверх   To revert – возвращаться
  Funnel – воронка   Facet – фацет, грань, аспект

2. In small groups make a list of variants which can be described as:

general approaches, financial criteria, levels of management.

 

3. Work with your partner and think of the approach requiring:

human interactions, rationality, resource allocation, rivalry, corporate culture, price setting, marketing strategy, corporate missions, budgeting.

 


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