Activity I. Introduction

(Раздел Concept p. 75)

Exercise I.

Match the words with the definitions. (Check with the Core Vocabulary and information Business File p. 72)

1. capital	a) total value of company shares
2. share	b) amount of money return that is less than it has been spent
3. stock	c) a percentage of capital in a company
4. stake	d) amount of money return that is more than it has been spent
5. interest	e) a part into which the capital is divided
6. profit	f) money that shareholders have put into business
7. loss	g) a share (part) of business

Exercise II.

Complete the text with the appropriate words from the exercise above.

When you start a business you need ……….. or money to put into it. You find investors, and each of them has a …… in your company. Every investor gets …….. into which the capital has been divided. Now you have enough …… to launch your business. If you are successful, you soon make good ……. and pay dividends to your shareholders. If the situation in your company becomes unstable, some of shareholders may want to sell their ……. before you make a ……..

Exercise III.

Word pairs. Study the definitions then choose the right word or word form to fill out the gaps.

responsibility – ответственность; обязанность; be responsible for smth – отвечать за что-либо; иметь обязанность что-либо делать.

liability – ответственность правового характера; be liable for smth - нести юридическую ответственность за что-либо.

Complete the sentences with a proper word or word form

1. In a company every manager has his or her definite ……..

2. If a shop owner sells damaged goods, he or she …….for bad service.

3. In order to win the case in court you have to prove the defendant’s ……for the act performed.

4. A shop owner’s ………is to sell quality goods to the customers.

5. The ………..of company shareholders is limited by their investments.

6. A sole trader ……….. for the business he or she runs.

Exercise IV.

Find English equivalents to the following word phrases:

деловая активность; установленная законом форма; взаимная выгода; выбранная форма; оказывать услуги; денежные средства, изысканные на создание бизнеса; вложить деньги в бизнес; пропорционально доле в капитале.

Note: proportionable = proportional, но первый термин употребляется в тексте для того, чтобы подчеркнуть равномерное распределение на доли.

Exercise V.

Finish the sentences

1. People create companies for …….mutual benefit.

2. The form of business depends on ….. the type of organization and the country it is in.

3. You should ensure the right type of business for ……. intended activity.

4. Every business is supposed to ………..grow and bring profits

5. Profits are divided between ………..the partners in partnerships, or between the shareholders in a company.

6. The liability for losses is …………proportionable to capital interest.