- •Пензенский государственный университет economics
- •Пенза 2005
- •Glossary
- •Introduction
- •Exercises
- •Text 2 Entrepreneurs
- •Exercises
- •Text 3 The Elements of Risks
- •Exercises
- •Discussion
- •Unit II. Small-scale business Glossary
- •1. Translate the following derivatives paying attention to the suffixes:
- •Text 1 The Sole Proprietorship
- •Exercises
- •Text 2 Limitations to the Size of Proprietorship (1)
- •Exercises
- •Text 3 Limitations to the Size of Proprietorship (2)
- •Exercises
- •Text 4 The Partnership
- •Exercises
- •Discussion
- •Unit III. Large-Scale Business Glossary
- •1. Choose several principles to arrange the words into groups.Translate the words:
- •Text 1 The Corporation
- •Exercises
- •3. Give derivatives of the following words and translate them:
- •Text 2. Organization of the Corporation
- •Exercises
- •3. Give derivatives of the following words and translate them:
- •Text 3. Organization of the Corporation II
- •Exercises
- •Unit IV. Securities and the Organization of the Corporation Glossary
- •Text 1. Organization of the Corporation III
- •Exercises
- •Text 2. Bonds
- •Exercises
- •Text 3. Leverage
- •Discussion
- •Unit V. Financial Aspects of Corporation Glossary
- •Text 1. Corporate Finance
- •Exercises
- •Text 2. The Securities and Exchange Commission
- •Exercises
- •Text 3. Concentration of Control
- •Exercises
- •Text 4. Management Control
- •Exercises
- •Discussion
- •Unit VI. Evaluating Performance of the Firm Glossary
- •Text 1 The Balance Sheet
- •Exercises
- •Text 2 The Income Statement
- •Exercises
- •Discussion
- •Unit VII. The Importance of the Corporation Glossary
- •Text 1 The Number of Corporations
- •The Size of Corporations
- •Exercises
- •Text 2 Size of Firm Vs. Size of Plant
- •Exercises
- •Text 3 Specialized Management
- •Exercises
- •Text 4 Other Reasons for Larger Firms
- •Exercises
- •Discussion
- •Review tasks
- •Literature
- •Contents
Discussion
Memorize the word-combination to use them in the discussion:
to set up a firm, to operate a firm, to take initiative, to assign jobs, to organize and direct operations, to perform functions, to carry out plans, to mobilize resources, to raise/ lower productivity, to meet needs (requirements).
1. Discuss the main difference between the capitalist and the socialist economy.
2. Are you an enterpriser? Why did you decide to become one? If not, would you like to become one?
3. What are the regular activities of an enterpriser?
Now find proper definitions for the business terms:
a) entrepreneur b) market economy c) free enterprise
1. An economic philosophy that advocates letting privately owned business firms operate with minimal government control.
2. A risk taker who starts and operates a business in the hope of making a profit.
3. An economic system in which prices determine how the factors of production will be used and how the resulting goods and services be distributed.
Unit II. Small-scale business Glossary
sole proprietorship |
частное предприятие |
to be liable(for) |
нести юридическую ответственность (за) |
debt |
долг |
to cover debts |
покрыть (оплатить) долги |
to sue |
подавать в суд, вчинить иск |
to be sued |
подвергаться судебной ответственности |
to accrue |
нарастать, накапливаться |
incentive |
стимул, мотив |
efficient |
производительный, эффективный |
to undertake |
предприниматель, брать на себя определенные функции |
undertaking |
предприятие |
to supplement |
дополнять, добавлять |
to borrow |
занимать, брать в долг |
severe |
строгий, суровый; тщательный, скрупулезный; тяжелый, серьезный |
equity |
обыкновенная акция, доля, собственность |
assets |
активы |
to sacrifice |
жертвовать |
to be in a hurry |
спешить |
to tend |
иметь тенденцию, склоняться к чему-либо |
partnership |
товарищество, компания |
to bind |
связывать, обязывать |
to pool |
объединять в общий фонд |
to terminate |
завершать |
to insure |
страховать, гарантировать |
in favor of |
в защиту, за; в пользу |
estate |
имущество, состояние |