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Vocabulary

Part II

entrepreneur

a creative person who organizes and develops a business.

initiative

ability to do something without suggestion from others.

income

money received as salary or receipts from business.

effort

use of one’s strength and energy to do something.

to accumulate

to gather together.

venture

something done with the risk of loss, as when going into business.

to contribute

to join with others in giving money or other form of help.

imagination

ability to form a picture in the mind.

Explanations

Part III

  1. A plant is a living thing of vegetable origin and is smaller than a tree. In a company the word describes apparatus, machinery etc, which are used for manufacturing goods. In America the word refers to factory buildings and equipment.

  2. Raw materials refer to the substances used in manufacture, e.g. cotton is a raw material from which cloth is made.

  3. A venture (n) is an undertaking in which there is risk. A venturer (n) is a merchant in former times who traded with distant countries. The word venturesome (adj) refers to a person who is ready to take risks.

  4. To consume is to eat or drink. A consumer is therefore one who consumes. In economics the word has a slightly different meaning. He is a buyer – one who pays for goods or services.

Exercises

  1. Answer the following questions.

  1. What is capital?

  2. How will it be used?

  3. What does an entrepreneur do to attain success in his business?

  4. How does an entrepreneur contribute to the wealth of a country?

  5. Who is a consumer?

  1. Give the meanings of the following words.

  1. Entrepreneur. 2. Initiative. 3. To accumulate. 4. To contribute.

  1. Give the word that fits the description

  1. Ability to form a picture in the mind.

  2. A person who pays for goods and services.

  3. An undertaking in which there is risk.

  4. Use of one’s strength and energy to do something.

  5. Money received as salary or receipts from business.

Литература

    1. Богацкий И.С., Дюканова Н.М. Бизнес-курс английского языка. – К., 2000.

    2. Карпусь И.А. Английский деловой язык. – К., 1995.

    3. Науменко Л.П. Бизнес-курс английского языка. - К., 2005

    4. Розанова О.А. Ділова англійська мова. – Одеса, 1998.

    5. Hornby A.S. Oxford Advanced Learner’s Dictionary of Current English. – Oxford University Press, 1989.

    6. Norman S. We’re in Business. English for commercial practice and international trade. Student’s book. – England, 1990.

    7. Oxford Russian Dictionary. Third edition. – Oxford University Press, 2000.

    8. Paramasivam K. Intermediate English. An Introduction to Business. Europhone Language Centre. – London, 1980.

Содержание

Lesson 1. The businessman and his bank. 3

Lesson 2. Types of companies. 9

Lesson 3. Importation of goods. 17

Lesson 4. Transport and business. 24

Lesson 5. Business at a supermarket. 29

Lesson 6. Contracts in business. 35

Lesson 7. Advertising and business. 40

Lesson 8. The receptionist. 47

Lesson 9. Accounts and business. 53

Lesson 10. Correspondence in business. 61

Lesson 11. The wholesaler. 73

Lesson 12. Retail trade. 82

Lesson 13. Insurance. 90

Lesson 14. Taxation. 97

Lesson 15. Capital. 104