Vocabulary

insurance - страховка / страховой

sole proprietorship - единоличное владение (предпринимательство)

partnership - товарищество, партнерство

corporation - акционерное общество, корпорация

to formulate an agreement - формулировать (составлять) соглашение

share - акция

the board of directors - совет директоров

property - собственность

publicly owned corporation - открытое акционерное общество

closed corporation - закрытое акционерное общество

to purchase - покупать

purchase - покупка

recession - спад, рецессия

Task 1. Find in the text English equivalents for the following.

Материальные нужды; владеть и руководить предприятием; дос­тупные финансовые ресурсы; предприятие; предоставлять профессио­нальные услуги; руководить бизнесом совместно; избегать конфлик­тов; распределять прибыли и убытки; инвестор; нанимать на работу; главная цель; важно понять; беспокоиться о чем-либо; уволить с рабо­ты; отдел связи с общественностью; улучшить имидж компании.

Task 2. Guess the words according to their definitions to do the puzzle.

1) placing of money so that it will increase in value;

2) an arrangement with a company in which you pay them regular amounts of money and they agree to pay the costs, for example, if you die or are ill, or if you lose or damage something;

3) something which is owned;

4) money needed to start or grow a business;

5) a written agreement;

6) a part of a company that you can buy as a way of investing money;

7) the income of a company.

Task 3. Translate some words in English and correct the false statements.

1. Sole proprietorship can be general or (с ограниченной ответствен­ностью).

2. Sole proprietorship (требуется) much capital to start and operate.

3. Sole proprietorship and partnerships are businesses mainly involved in (производство) of goods.

4. The members of а (товарищества) usually formulate a written agreement.

5. Corporation is a business controlled by (акционерами).

6. Corporation can buy (собственность) and resources, (нанимать) workers, make contracts and produce and sell products.

7. (Закрытое акционерное общество) is owned by a limited number of shareholders.

Task 4. Answer the questions:

1. What types of businesses do you know?

2. Which aims of private organizations are the most important?

3. What is a partnership?

4. What are the main characteristics of corporation?

5. According to the aims of private organizations which types of busi­nesses would work more effectively (make larger profits, grow, survive, and have a better image)?

Task 5. a) make dialogues between the members of different types of businesses;

b) make a situation about your company as if you're a famous busi­nessman. Remember, that you have to mention about the aims and the steps of development of your business, the ways of creating and improving the image of your company.

Task 6. Discuss the following statement:

If you can run one business well, you can run any business well (Ri­chard Branson, American businessman).